GALVAN RANCH

Operated by SM ENERGY COMPANY (P-5 788997) in the BRISCOE RANCH (EAGLEFORD) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 263767District 01Field 12018200Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$6.2 M
Aug 2011 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
178
no gaps in the span
Streams
2
condensate, gas

The Railroad Commission's own record for the field this lease produces from, including the spacing rule that governs how close together its wells may be drilled.

These are facts about the field, not about this lease. The field holds 5,584 leases and 8,017 wells, and the rule below applies to all of them.

Discovered
2007-11-05
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2013-04-09.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: MAY ELECT TO CLASSIFY AS PERMANENT GAS WELL

What this lease produced, and what it was worth

Oil and condensate are valued on the volume the state records as disposed of; gas and casinghead gas on the volume produced. They are different columns of different files, and the difference is not cosmetic.

StreamBasisVolumeValue
CondensateDisposition24,233 bbl$1,860,916
GasProduction1,355,591 Mcf$4,381,700
Total$6,242,616

Every month this lease reported (178)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

178 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 202406569.052.20$143
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 2024255384.451.66$1,086
Mar 2024629780.301.55$941
Feb 2024443576.091.78$1,080
Jan 2024340173.023.30$1,541
Dec 2023753071.262.61$1,883
Nov 2023452177.892.81$1,774
Oct 2023355085.443.09$1,954
Sep 2023336489.042.74$1,263
Aug 2023226380.522.67$864
Jul 2023018174.852.64$478
Jun 2023449268.962.26$1,387
May 2023060670.622.23$1,350
Apr 2023044778.122.24$1,000
Mar 2023170272.852.39$1,753
Feb 2023847075.112.47$1,760
Jan 20231268876.533.39$3,249
Dec 2022129276.415.73$1,749
Nov 2022630685.005.65$2,238
Oct 20221446687.185.86$3,953
Sep 20221388584.888.16$8,328
Aug 2022391994.529.13$8,671
Jul 20225911101.587.54$7,379
Jun 202227881115.097.98$10,135
May 202214966109.378.43$9,678
Apr 202221989104.226.84$8,951
Mar 20225951108.885.08$5,372
Feb 20221885691.054.86$5,798
Jan 2022281,03081.844.54$6,965
Dec 2021781471.323.90$3,673
Nov 20211688177.435.24$5,853
Oct 20211362979.795.71$4,631
Sep 20211077769.865.35$4,856
Aug 2021685266.024.22$3,992
Jul 202161,05370.783.98$4,618
Jun 2021101,00669.493.38$4,096
May 2021931,04563.483.02$9,057
Apr 202144587560.362.76$29,274
Mar 2021579261.302.72$2,458
Feb 20211082657.805.55$5,161
Jan 2021211,34550.412.81$4,838
Dec 2020292,17244.642.68$7,106
Nov 2020181,25438.772.71$4,092
Oct 2020111,08136.972.48$3,086
Sep 2020141,09937.091.99$2,707
Aug 2020262,07639.982.39$5,991
Jul 2020171,91538.371.83$4,147
Jun 2020211,93834.901.69$4,009
May 2020313,99616.921.81$7,776
Apr 2020585,16014.751.80$10,166
Mar 2020655,43930.341.86$12,068
Feb 2020684,97549.881.98$13,246
Jan 20201025,18857.252.09$16,707
Dec 20191025,26559.012.30$18,151
Nov 2019894,88255.302.75$18,351
Oct 2019724,36353.472.42$14,402
Sep 2019705,19955.052.66$17,669
Aug 2019795,49453.112.30$16,856
Jul 2019735,62056.272.46$17,933
Jun 2019906,13352.782.49$20,029
May 2019644,23558.482.74$15,348
Apr 2019935,59062.632.75$21,201
Mar 20191226,01356.803.06$25,342
Feb 20191006,69350.852.79$23,773
Jan 2019833,65846.033.23$15,629
Dec 20181175,98646.594.19$30,505
Nov 2018605,72652.934.24$27,438
Oct 2018866,16461.443.40$26,230
Sep 2018716,09559.543.11$23,171
Aug 20181016,42959.403.07$25,714
Jul 2018886,56465.142.93$24,977
Jun 2018925,34260.183.08$21,973
May 2018996,51165.382.90$25,360
Apr 20181116,46463.842.90$25,837
Mar 20181326,82561.222.79$27,101
Feb 20181036,34361.782.77$23,909
Jan 20181296,72962.874.01$35,089
Dec 20171467,10657.272.92$29,122
Nov 20171917,29255.423.12$33,324
Oct 20171086,73449.292.98$25,415
Sep 20171096,63947.523.09$25,676
Aug 20171086,89045.373.00$25,600
Jul 20171967,57143.873.09$31,972
Jun 20171017,41642.493.09$27,187
May 20171227,64945.373.26$30,497
Apr 20171147,67247.933.21$30,103
Mar 20171277,95446.772.98$29,672
Feb 20171256,86150.452.95$26,564
Jan 20171318,35049.413.42$35,020
Dec 20161468,26348.763.72$37,881
Nov 20161008,07042.492.64$25,589
Oct 20161158,55846.193.09$31,758
Sep 20161078,49641.553.10$30,789
Aug 20161118,96141.442.92$30,805
Jul 20161089,28641.622.92$31,650
Jun 20161079,21645.352.69$29,605
May 20161359,97442.521.99$25,599
Apr 20161349,52136.561.99$23,856
Mar 201611910,13833.011.79$22,116
Feb 20161819,02126.472.06$23,407
Jan 20161207,23827.352.36$20,395
Dec 20151199,68432.362.00$23,232
Nov 20151519,62238.792.17$26,711
Oct 201513110,09943.552.43$30,211
Sep 20151199,97142.992.76$32,620
Aug 201515010,91640.162.87$37,380
Jul 201518211,16048.152.95$41,630
Jun 201517310,78156.152.88$40,794
May 201521011,02155.212.96$44,166
Apr 201522310,96749.822.71$40,793
Mar 201524612,12742.892.93$46,140
Feb 201521311,13244.662.98$42,644
Jan 201526512,25543.433.10$49,507
Dec 201425911,04554.693.59$53,831
Nov 201420610,55270.464.25$59,380
Oct 201432013,21678.303.90$76,611
Sep 2014642,97986.164.05$17,566
Aug 201422089.394.04$1,967
Jul 20141527,38796.564.18$45,552
Jun 201434013,13898.164.74$95,608
May 201440814,90894.734.73$109,113
Apr 201433013,88595.944.81$98,435
Mar 201436616,00695.895.06$116,035
Feb 201428114,32897.406.19$116,088
Jan 20141475,62090.404.86$40,606
Dec 201324813,88391.824.35$83,225
Nov 201320412,58888.853.74$65,183
Oct 20131417,66697.423.78$42,709
Sep 20135429,558104.113.72$91,962
Aug 201316710,760104.253.52$55,313
Jul 201310102.523.72$103
Jun 20131994.403.93$130
May 20138094.834.15$759
Apr 2013764,15293.964.28$24,922
Mar 201333015,29293.623.91$90,730
Feb 201321911,66291.233.42$59,862
Jan 20131063,82591.603.42$22,791
Dec 20123178,68186.773.42$57,197
Nov 2012842,86786.953.62$17,697
Oct 20125189.383.40$450
Sep 201228717,75894.672.92$78,995
Aug 201247827,00592.662.91$122,826
Jul 201244428,98285.133.02$125,347
Jun 201217824,24879.822.52$75,290
May 201241142,91791.612.49$144,443
Apr 201240426,166101.652.00$93,315
Mar 201279039,713105.052.22$171,235
Feb 201263539,032101.102.57$164,520
Jan 20121,03344,54598.092.73$223,117
Dec 20111,20648,97596.873.24$275,491
Nov 201177947,12995.723.31$230,623
Oct 20111,53181,04384.983.65$425,793
Sep 20111,928118,29883.623.99$632,732
Aug 2011018,63383.404.15$77,314

How to read this page

The arithmetic is one multiplication per stream per month. Here it is, worked, on a real row from the table above.

Nov 2024 — as filed, then multipliedworked
Condensate             0 bbl  × $ 69.05 =         $0
Gas                   65 Mcf  × $  2.20 =       $143

────────────────────────────────────────────────────
Month total                                     $143

The volumes are the state's, unchanged

Every barrel and every Mcf on this page is a number the Railroad Commission of Texas published in its monthly production query. Nothing is modelled, estimated or filled in.

The dollars are a multiplication, not a valuation

Volume × a published monthly price. It is not what the operator was paid: it takes no account of a contract, a differential, a transportation deduction, or the share any one owner holds.

Oil and gas are priced differently

Oil is a Texas realisation — the crude oil first purchase price. Gas is a benchmark, because no free Texas wellhead gas series exists at any date. The prices page publishes the difference rather than correcting it away.

A lease is not a well

The state reports oil on lease and gas on well, and this page is the lease grain. 01/G/263767 is the state's own key, not one this site invented.