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 265169District 01Field 12018200Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$18.8 M
Nov 2011 – May 2026
Value, last 12 filed months
$108 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
CondensateDisposition123,321 bbl$10,263,946
GasProduction2,680,749 Mcf$8,505,508
Total$18,769,453

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 20261242,02998.932.87$18,090
Mar 2026291,24689.753.15$6,527
Feb 2026672,02563.503.75$11,849
Jan 20261422,81859.138.00$30,935
Dec 20251262,82756.664.41$19,616
Nov 20251183,41958.593.93$20,338
Oct 202504959.383.30$162
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 202505466.483.13$169
May 20250060.553.23$0
Apr 20251062.363.54$62
Mar 20251623667.704.27$2,091
Feb 20251051,94070.884.34$15,864
Jan 20251773,19774.324.28$26,834
Dec 20244068.993.12$276
Nov 20241431,94069.052.20$14,139
Oct 20242053,12271.372.28$21,753
Sep 2024851,11469.612.36$8,551
Aug 20241262,44175.632.06$14,567
Jul 20241972,71579.932.15$21,574
Jun 20242312,75678.082.63$25,296
May 20242012,58878.812.20$21,530
Apr 20241972,67284.451.66$21,070
Mar 20242152,90980.301.55$21,759
Feb 2024652,62076.091.78$9,619
Jan 20242252,81973.023.30$25,726
Dec 20232252,88771.262.61$23,571
Nov 20231383,03977.892.81$19,281
Oct 20231712,99685.443.09$23,860
Sep 20231883,15689.042.74$25,371
Aug 20232263,17480.522.67$26,681
Jul 20232603,75074.852.64$29,368
Jun 20231322,81768.962.26$15,465
May 20231212,94170.622.23$15,096
Apr 20231022,95678.122.24$14,583
Mar 2023742,78772.852.39$12,061
Feb 202302275.112.47$54
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220585.005.65$28
Oct 20220087.185.86$0
Sep 20220284.888.16$16
Aug 20220294.529.13$18
Jul 202200101.587.54$0
Jun 202240115.097.98$460
May 2022824,638109.378.43$48,081
Apr 2022974,089104.226.84$38,068
Mar 20221274,965108.885.08$39,032
Feb 20221104,21591.054.86$30,496
Jan 20221634,98581.844.54$35,960
Dec 20211364,92771.323.90$28,910
Nov 20211144,82477.435.24$34,090
Oct 20211395,04279.795.71$39,900
Sep 20211124,98169.865.35$34,477
Aug 20211265,17366.024.22$30,152
Jul 20211295,28370.783.98$30,168
Jun 2021805,97269.493.38$25,748
May 2021363,29563.483.02$12,229
Apr 20211724,82060.362.76$23,678
Mar 20212035,93761.302.72$28,574
Feb 20211384,82557.805.55$34,745
Jan 20212065,85050.412.81$26,825
Dec 20201825,56144.642.68$23,003
Nov 20201805,38438.772.71$21,551
Oct 20201795,72436.972.48$20,804
Sep 20201304,82537.091.99$14,428
Aug 20201835,71939.982.39$20,957
Jul 20201825,93738.371.83$17,819
Jun 20202155,88034.901.69$17,443
May 20201516,15316.921.81$13,721
Apr 20202196,03314.751.80$14,116
Mar 20202356,24730.341.86$18,726
Feb 20202005,76949.881.98$21,402
Jan 20202396,13157.252.09$26,526
Dec 20192486,02659.012.30$28,521
Nov 20191966,22055.302.75$27,948
Oct 20191266,10653.472.42$21,505
Sep 2019655,31755.052.66$17,707
Aug 20191556,15353.112.30$22,411
Jul 20191096,24856.272.46$21,504
Jun 20191655,93952.782.49$23,504
May 20192226,37358.482.74$30,447
Apr 20192746,73362.632.75$35,681
Mar 20193266,89756.803.06$39,636
Feb 20192876,22450.852.79$31,973
Jan 20193907,85246.033.23$43,299
Dec 20184138,91546.594.19$56,555
Nov 20183748,68752.934.24$56,605
Oct 20183969,30661.443.40$55,953
Sep 201837811,10259.543.11$57,011
Aug 201843211,77059.403.07$61,754
Jul 201835011,77565.142.93$57,322
Jun 20183189,94560.183.08$49,737
May 201844911,65465.382.90$63,162
Apr 201848511,53763.842.90$64,429
Mar 201855611,70261.222.79$66,650
Feb 201840510,19461.782.77$53,219
Jan 20182928,75262.874.01$53,448
Dec 201711711,10357.272.92$39,138
Nov 201729211,31555.423.12$51,467
Oct 201733010,41749.292.98$47,347
Sep 20174279,93547.523.09$50,963
Aug 201745311,65945.373.00$55,581
Jul 201750112,04743.873.09$59,171
Jun 201736011,13042.493.09$49,658
May 201744312,11445.373.26$59,632
Apr 201750411,85347.933.21$62,224
Mar 201749212,30746.772.98$59,731
Feb 201744811,79650.452.95$57,430
Jan 201748513,25949.413.42$69,294
Dec 201654613,33548.763.72$76,267
Nov 201640413,22142.492.64$52,127
Oct 201647413,88746.193.09$64,809
Sep 201645313,90441.553.10$61,933
Aug 201654014,21541.442.92$63,947
Jul 201655913,98841.622.92$64,171
Jun 201655114,11745.352.69$62,904
May 201660814,43242.521.99$54,587
Apr 201653313,80336.561.99$46,969
Mar 201655614,76533.011.79$44,842
Feb 201651410,52326.472.06$35,321
Jan 201654611,94327.352.36$43,171
Dec 201545511,59932.362.00$37,938
Nov 201545111,97038.792.17$43,437
Oct 20152265,45743.552.43$23,084
Sep 20152607,29842.992.76$31,308
Aug 201552414,96940.162.87$64,042
Jul 201556114,95248.152.95$71,047
Jun 201550114,19656.152.88$69,056
May 201557614,10055.212.96$73,473
Apr 201549812,11049.822.71$57,587
Mar 201556213,45342.892.93$63,585
Feb 201557912,51644.662.98$63,108
Jan 201577913,14643.433.10$74,593
Dec 201473813,37054.693.59$88,378
Nov 201461712,97570.464.25$98,641
Oct 201459814,65478.303.90$103,988
Sep 201448112,34586.164.05$91,384
Aug 20145199,96889.394.04$86,615
Jul 201462411,80196.564.18$109,577
Jun 201490915,33498.164.74$161,863
May 20141,15718,56294.734.73$197,337
Apr 201493716,58995.944.81$169,674
Mar 201491319,38595.895.06$185,574
Feb 201486718,72897.406.19$200,410
Jan 201489613,71590.404.86$147,663
Dec 20134255,41991.824.35$62,620
Nov 20132,36035,35188.853.74$341,838
Oct 20132,32040,79697.423.78$380,197
Sep 20132,02838,117104.113.72$352,844
Aug 20132,52441,842104.253.52$410,520
Jul 20133,12946,446102.523.72$493,459
Jun 20132,11941,81794.403.93$364,517
May 20131,94244,99594.834.15$370,848
Apr 20132,55852,24093.964.28$464,072
Mar 20132,01136,09793.623.91$329,513
Feb 201381216,47791.233.42$130,429
Jan 20132,02435,97191.603.42$308,416
Dec 20123,34441,57286.773.42$432,342
Nov 20123,07445,81186.953.62$433,347
Oct 20123,05552,39789.383.40$451,189
Sep 20122,89548,84094.672.92$416,604
Aug 20124,05459,43392.662.91$548,484
Jul 20123,69656,23285.133.02$484,506
Jun 20122,48062,77879.822.52$356,094
May 20122,18171,55991.612.49$377,863
Apr 20124,49779,440101.652.00$615,746
Mar 20124,664104,013105.052.22$721,078
Feb 20122,651102,916101.102.57$532,535
Jan 201212,716146,70698.092.73$1,648,418
Dec 20117,082198,26596.873.24$1,328,360
Nov 20110118,27895.723.31$391,652

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           124 bbl  × $ 98.93 =    $12,267
Gas                2,029 Mcf  × $  2.87 =     $5,823

────────────────────────────────────────────────────
Month total                                  $18,090

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/265169 is the state's own key, not one this site invented.