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 265079District 01Field 12018200Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$20.1 M
Oct 2011 – May 2026
Value, last 12 filed months
$521 k
at the published price for each month
Months reported
176
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
CondensateDisposition178 bbl$14,141
GasProduction6,149,627 Mcf$20,043,922
Total$20,058,063

Every month this lease reported (176)

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

176 months

May 202600106.413.05$0
Apr 2026012,01898.932.87$34,488
Mar 2026012,63289.753.15$39,784
Feb 2026010,85363.503.75$40,702
Jan 2026012,65559.138.00$101,214
Dec 2025012,60856.664.41$55,644
Nov 2025012,21658.593.93$47,965
Oct 2025012,74959.383.30$42,133
Sep 2025012,26562.743.08$37,738
Aug 2025012,89763.933.01$38,881
Jul 2025012,99166.743.32$43,068
Jun 2025012,46266.483.13$38,990
May 2025012,96060.553.23$41,891
Apr 2025012,62162.363.54$44,718
Mar 2025013,19667.704.27$56,325
Feb 2025012,26170.884.34$53,223
Jan 2025013,42574.324.28$57,441
Dec 2024013,44368.993.12$41,961
Nov 2024014,07369.052.20$30,939
Oct 2024414,20071.372.28$32,681
Sep 202419,68069.612.36$22,957
Aug 2024013,70375.632.06$28,278
Jul 2024013,97479.932.15$29,996
Jun 2024013,67078.082.63$36,007
May 2024014,08378.812.20$30,961
Apr 2024013,74184.451.66$22,799
Mar 2024014,24480.301.55$22,009
Feb 2024013,32676.091.78$23,769
Jan 2024014,39573.023.30$47,470
Dec 2023014,57671.262.61$38,054
Nov 2023014,55977.892.81$40,875
Oct 2023113,89985.443.09$42,996
Sep 2023014,15189.042.74$38,704
Aug 2023015,02980.522.67$40,171
Jul 2023016,54274.852.64$43,701
Jun 2023112,30068.962.26$27,848
May 2023015,34370.622.23$34,175
Apr 2023115,01678.122.24$33,680
Mar 2023015,36772.852.39$36,776
Feb 2023015,14575.112.47$37,343
Jan 2023214,44776.533.39$49,095
Dec 2022014,14576.415.73$81,038
Nov 2022111,05385.005.65$62,492
Oct 2022015,70187.185.86$92,067
Sep 2022015,22084.888.16$124,251
Aug 2022015,82794.529.13$144,456
Jul 2022015,904101.587.54$119,949
Jun 2022015,446115.097.98$123,216
May 2022016,007109.378.43$134,988
Apr 2022015,700104.226.84$107,350
Mar 2022016,423108.885.08$83,370
Feb 2022014,76891.054.86$71,755
Jan 2022016,54081.844.54$75,053
Dec 2021016,68271.323.90$65,045
Nov 2021016,07977.435.24$84,203
Oct 2021016,52979.795.71$94,445
Sep 2021016,16969.865.35$86,519
Aug 2021016,79766.024.22$70,893
Jul 2021016,94870.783.98$67,488
Jun 2021016,64769.493.38$56,277
May 2021017,33363.483.02$52,305
Apr 2021017,05260.362.76$47,037
Mar 2021118,60561.302.72$50,610
Feb 2021014,11257.805.55$78,293
Jan 2021017,95850.412.81$50,467
Dec 2020017,96844.642.68$48,073
Nov 2020017,41738.772.71$47,140
Oct 2020018,04036.972.48$44,711
Sep 2020017,76837.091.99$35,377
Aug 2020018,73339.982.39$44,680
Jul 2020019,27238.371.83$35,174
Jun 2020017,54034.901.69$29,648
May 2020018,33616.921.81$33,275
Apr 2020018,14514.751.80$32,740
Mar 2020018,86530.341.86$35,018
Feb 2020117,83649.881.98$35,377
Jan 2020019,16657.252.09$40,148
Dec 2019019,39259.012.30$44,686
Nov 2019019,09155.302.75$52,514
Oct 2019019,74953.472.42$47,764
Sep 2019019,14655.052.66$50,876
Aug 2019119,95853.112.30$46,044
Jul 2019019,76556.272.46$48,623
Jun 2019019,61352.782.49$48,860
May 2019120,64558.482.74$56,632
Apr 2019020,36262.632.75$56,010
Mar 2019021,39056.803.06$65,498
Feb 2019019,54750.852.79$54,580
Jan 2019022,01846.033.23$71,078
Dec 2018021,79746.594.19$91,230
Nov 2018021,55752.934.24$91,342
Oct 2018022,58361.443.40$76,739
Sep 2018022,12759.543.11$68,771
Aug 2018023,17859.403.07$71,077
Jul 2018023,32165.142.93$68,374
Jun 2018022,67360.183.08$69,763
May 2018023,55765.382.90$68,334
Apr 2018023,43063.842.90$67,966
Mar 2018024,12161.222.79$67,221
Feb 2018021,78661.782.77$60,263
Jan 2018022,51162.874.01$90,254
Dec 2017025,81457.272.92$75,416
Nov 2017026,34555.423.12$82,153
Oct 2017126,64149.292.98$79,538
Sep 2017022,94947.523.09$70,850
Aug 2017026,28745.373.00$78,977
Jul 2017226,19843.873.09$80,968
Jun 2017326,69642.493.09$82,546
May 2017326,42345.373.26$86,365
Apr 2017027,90947.933.21$89,633
Mar 2017029,46946.772.98$87,926
Feb 2017527,62750.452.95$81,824
Jan 20171823,06549.413.42$79,744
Dec 2016027,55148.763.72$102,568
Nov 2016028,57242.492.64$75,554
Oct 2016031,64246.193.09$97,782
Sep 2016031,10841.553.10$96,454
Aug 2016034,08341.442.92$99,670
Jul 2016035,56941.622.92$104,016
Jun 2016037,68445.352.69$101,213
May 2016033,12442.521.99$65,951
Apr 2016032,76836.561.99$65,242
Mar 2016030,73133.011.79$55,132
Feb 2016031,86326.472.06$65,753
Jan 2016031,43827.352.36$74,331
Dec 2015034,01332.362.00$68,074
Nov 2015033,48538.792.17$72,573
Oct 2015135,43943.552.43$86,039
Sep 2015134,75642.992.76$95,915
Aug 2015036,66540.162.87$105,320
Jul 2015038,93648.152.95$114,670
Jun 2015036,64556.152.88$105,642
May 2015136,73555.212.96$108,624
Apr 2015940,16149.822.71$109,147
Mar 2015040,10242.892.93$117,688
Feb 2015036,38844.662.98$108,298
Jan 2015141,18943.433.10$127,755
Dec 2014042,27054.693.59$151,807
Nov 2014142,96870.464.25$182,764
Oct 2014045,30678.303.90$176,737
Sep 2014043,44286.164.05$175,742
Aug 2014146,66889.394.04$188,400
Jul 2014049,33396.564.18$206,192
Jun 2014052,79798.164.74$250,093
May 20141152,29994.734.73$248,236
Apr 201404,11695.944.81$19,794
Mar 2014059,15895.895.06$299,150
Feb 2014047,70097.406.19$295,358
Jan 2014058,84590.404.86$286,029
Dec 2013360,83091.824.35$265,158
Nov 2013659,75688.853.74$223,918
Oct 2013164,48197.423.78$243,794
Sep 2013061,223104.113.72$227,611
Aug 2013066,016104.253.52$232,549
Jul 2013064,556102.523.72$240,002
Jun 2013066,56394.403.93$261,820
May 2013172,87194.834.15$302,442
Apr 2013176,38393.964.28$327,211
Mar 2013184,85893.623.91$332,132
Feb 2013182,28291.233.42$281,488
Jan 2013154,93391.603.42$187,958
Dec 20122463,93186.773.42$220,737
Nov 2012869,46086.953.62$252,485
Oct 2012286,61189.383.40$294,628
Sep 2012493,40594.672.92$272,972
Aug 201211107,86892.662.91$314,717
Jul 20126110,22585.133.02$333,478
Jun 20123105,50879.822.52$266,018
May 20125139,46791.612.49$347,497
Apr 20127144,633101.652.00$289,515
Mar 201212170,081105.052.22$379,194
Feb 20128193,293101.102.57$497,618
Jan 20120278,07498.092.73$760,277
Dec 20110233,97896.873.24$758,028
Nov 20110180,25795.723.31$596,881
Oct 2011011,34984.983.65$41,407

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             0 bbl  × $ 98.93 =         $0
Gas               12,018 Mcf  × $  2.87 =    $34,488

────────────────────────────────────────────────────
Month total                                  $34,488

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/265079 is the state's own key, not one this site invented.