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 264809District 01Field 12018200Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$21.8 M
Nov 2011 – May 2026
Value, last 12 filed months
$616 k
at the published price for each month
Months reported
175
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
CondensateDisposition31,462 bbl$2,547,773
GasProduction6,087,240 Mcf$19,241,560
Total$21,789,333

Every month this lease reported (175)

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

175 months

May 202600106.413.05$0
Apr 2026114,69998.932.87$42,281
Mar 2026715,36189.753.15$49,007
Feb 2026512,36563.503.75$46,690
Jan 2026214,10359.138.00$112,913
Dec 2025014,55356.664.41$64,228
Nov 2025114,91258.593.93$58,610
Oct 2025016,04259.383.30$53,016
Sep 2025016,22062.743.08$49,908
Aug 2025313,37463.933.01$40,511
Jul 2025015,28966.743.32$50,686
Jun 2025015,36766.483.13$48,079
May 2025116,08860.553.23$52,062
Apr 2025015,17162.363.54$53,753
Mar 2025216,70567.704.27$71,438
Feb 2025314,99370.884.34$65,295
Jan 2025217,18074.324.28$73,656
Dec 2024017,50568.993.12$54,640
Nov 2024017,55369.052.20$38,589
Oct 2024018,99371.372.28$43,331
Sep 2024015,27269.612.36$36,109
Aug 2024118,75375.632.06$38,775
Jul 2024219,01579.932.15$40,977
Jun 2024418,08778.082.63$47,953
May 2024219,45678.812.20$42,930
Apr 20241119,81784.451.66$33,809
Mar 20244617,46380.301.55$30,676
Feb 202415015,42476.091.78$38,924
Jan 20245121,16473.023.30$73,516
Dec 20233722,33571.262.61$60,947
Nov 20236920,27577.892.81$62,298
Oct 20234519,24585.443.09$63,260
Sep 20236417,10489.042.74$52,479
Aug 20234613,62380.522.67$40,117
Jul 20231420,99674.852.64$56,515
Jun 20232423,01968.962.26$53,643
May 20239224,73370.622.23$61,587
Apr 202312325,13078.122.24$65,844
Mar 20237628,06172.852.39$72,691
Feb 20232320,18875.112.47$51,505
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 202218,73387.185.86$51,295
Sep 202286,16684.888.16$51,016
Aug 202245,08194.529.13$46,753
Jul 20221813,585101.587.54$104,288
Jun 20221512,731115.097.98$103,284
May 20221613,829109.378.43$118,370
Apr 20221813,450104.226.84$93,842
Mar 20221413,812108.885.08$71,640
Feb 20221212,33891.054.86$61,041
Jan 20221712,94281.844.54$60,118
Dec 202128,65571.323.90$33,890
Nov 20210877.435.24$42
Oct 202122,59579.795.71$14,987
Sep 20211512,61869.865.35$68,566
Aug 20212613,59866.024.22$59,108
Jul 20212312,89770.783.98$52,985
Jun 2021913,87169.493.38$47,518
May 20214512,40163.483.02$40,279
Apr 20213613,49160.362.76$39,387
Mar 20214215,23761.302.72$43,973
Feb 2021349,17657.805.55$52,873
Jan 20213612,51150.412.81$36,974
Dec 20202212,94844.642.68$35,624
Nov 20202013,20038.772.71$36,502
Oct 20202114,45336.972.48$36,597
Sep 20201314,34437.091.99$29,042
Aug 20201015,28739.982.39$36,861
Jul 2020308,13938.371.83$16,006
Jun 2020304,61734.901.69$8,851
May 20204314,17116.921.81$26,444
Apr 20205912,65414.751.80$23,703
Mar 20207013,84530.341.86$27,823
Feb 20206613,02049.881.98$29,080
Jan 202014713,65357.252.09$37,015
Dec 201910813,72859.012.30$38,007
Nov 201910813,52955.302.75$43,187
Oct 201910814,01553.472.42$39,671
Sep 201910813,54355.052.66$41,933
Aug 201910812,01253.112.30$33,416
Jul 201910914,32756.272.46$41,379
Jun 201910913,85752.782.49$40,274
May 201910914,59858.482.74$46,378
Apr 201910914,18162.632.75$45,834
Mar 201910914,61356.803.06$50,938
Feb 201910913,06350.852.79$42,017
Jan 201910914,34946.033.23$51,338
Dec 201810914,11246.594.19$64,143
Nov 201812013,97752.934.24$65,576
Oct 20184014,73561.443.40$52,528
Sep 20181914,48859.543.11$46,160
Aug 20182615,09559.403.07$47,834
Jul 20184814,09665.142.93$44,455
Jun 20184914,46660.183.08$47,460
May 20185514,99865.382.90$47,102
Apr 20186514,80263.842.90$47,087
Mar 20188515,48461.222.79$48,355
Feb 20187514,02961.782.77$43,439
Jan 20189715,72362.874.01$69,137
Dec 20178815,96757.272.92$51,688
Nov 20178016,03355.423.12$54,430
Oct 20177116,89449.292.98$53,906
Sep 20175513,19247.523.09$43,341
Aug 20176016,17445.373.00$51,315
Jul 20177916,57843.873.09$54,647
Jun 20174516,30842.493.09$52,259
May 20174217,04845.373.26$57,540
Apr 20176416,94747.933.21$57,495
Mar 20178618,30546.772.98$58,638
Feb 20179017,29650.452.95$55,609
Jan 201711219,44449.413.42$72,009
Dec 20169721,88048.763.72$86,185
Nov 201612825,59842.492.64$73,129
Oct 201618132,07946.193.09$107,493
Sep 201614118,19541.553.10$62,275
Aug 201621041.442.92$870
Jul 201612420,60741.622.92$65,423
Jun 201622743,92045.352.69$128,256
May 201626145,32142.521.99$101,334
Apr 201627742,69736.561.99$95,139
Mar 201630846,26633.011.79$93,169
Feb 201634744,01026.472.06$100,005
Jan 201633147,38427.352.36$121,086
Dec 201527847,80232.362.00$104,667
Nov 201536346,66038.792.17$115,208
Oct 201534249,35643.552.43$134,660
Sep 201527548,31342.992.76$145,090
Aug 201536751,88840.162.87$163,786
Jul 201541548,88848.152.95$163,961
Jun 201512822,69556.152.88$72,614
May 201529150,98555.212.96$166,750
Apr 201525350,14349.822.71$148,320
Mar 201512152,82242.892.93$160,207
Feb 20152647,93244.662.98$143,816
Jan 201512552,14143.433.10$167,099
Dec 20142148,76554.693.59$176,281
Nov 20141751,15970.464.25$218,718
Oct 20143654,20678.303.90$214,274
Sep 20141012,68586.164.05$52,178
Aug 2014751,86289.394.04$209,895
Jul 2014557,72696.564.18$241,754
Jun 2014355,97298.164.74$265,427
May 20145858,12394.734.73$280,216
Apr 20144355,78995.944.81$272,421
Mar 201421145,43695.895.06$249,994
Feb 201441741,17097.406.19$295,540
Jan 201455650,75190.404.86$296,949
Dec 201350750,65291.824.35$267,116
Nov 201348240,09988.853.74$192,727
Oct 201371227,84497.423.78$174,596
Sep 201368466,211104.113.72$317,367
Aug 201372786,913104.253.52$381,950
Jul 201358981,375102.523.72$362,915
Jun 201354878,41294.403.93$360,158
May 201396686,49194.834.15$450,464
Apr 20131,53285,22793.964.28$508,939
Mar 201367557,99593.623.91$290,120
Feb 2013713291.233.42$1,090
Jan 201324644,88891.603.42$176,047
Dec 201258088,66186.773.42$353,561
Nov 201265893,30486.953.62$395,436
Oct 2012514107,65089.383.40$411,917
Sep 201246296,22694.672.92$324,564
Aug 201238778,52192.662.91$264,211
Jul 201217313,24585.133.02$54,738
Jun 2012545184,29179.822.52$507,738
May 2012480181,57691.612.49$495,792
Apr 2012864213,434101.652.00$514,011
Mar 20122,248287,730105.052.22$875,511
Feb 20121,24274,044101.102.57$315,877
Jan 20121,730328,90098.092.73$1,068,935
Dec 20111,911286,87596.873.24$1,114,519
Nov 2011388177,62395.723.31$625,299

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.

Apr 2026 — as filed, then multipliedworked
Condensate             1 bbl  × $ 98.93 =        $99
Gas               14,699 Mcf  × $  2.87 =    $42,182

────────────────────────────────────────────────────
Month total                                  $42,281

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/264809 is the state's own key, not one this site invented.