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 265240District 01Field 12018200Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$13.2 M
Dec 2011 – May 2026
Value, last 12 filed months
$173 k
at the published price for each month
Months reported
174
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
CondensateDisposition73,975 bbl$6,035,708
GasProduction2,290,211 Mcf$7,191,587
Total$13,227,295

Every month this lease reported (174)

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

174 months

May 202600106.413.05$0
Apr 2026562,91998.932.87$13,917
Mar 2026633,09789.753.15$15,408
Feb 2026722,75163.503.75$14,889
Jan 2026813,09759.138.00$29,559
Dec 2025463,13756.664.41$16,451
Nov 2025522,96558.593.93$14,689
Oct 2025483,12959.383.30$13,191
Sep 2025473,04062.743.08$12,303
Aug 2025693,35063.933.01$14,511
Jul 2025482,86066.743.32$12,685
Jun 2025853,17766.483.13$15,591
May 2025743,14660.553.23$14,650
Apr 2025793,12962.363.54$16,013
Mar 2025913,25767.704.27$20,063
Feb 2025832,96270.884.34$18,741
Jan 20251073,51374.324.28$22,983
Dec 2024382,42768.993.12$10,197
Nov 2024903,14069.052.20$13,118
Oct 2024604,47771.372.28$14,496
Sep 2024361,84469.612.36$6,866
Aug 2024873,84875.632.06$14,521
Jul 2024633,85779.932.15$13,315
Jun 2024593,81178.082.63$14,645
May 2024744,03278.812.20$14,696
Apr 20241024,01084.451.66$15,267
Mar 20241354,22080.301.55$17,361
Feb 20241504,19576.091.78$18,896
Jan 2024412,98373.023.30$12,831
Dec 2023943,98771.262.61$17,107
Nov 20231184,26177.892.81$21,154
Oct 2023814,54085.443.09$20,937
Sep 2023844,48789.042.74$19,751
Aug 20231234,82080.522.67$22,787
Jul 20231314,95574.852.64$22,895
Jun 20231224,94868.962.26$19,588
May 20231545,29770.622.23$22,674
Apr 20231635,35878.122.24$24,723
Mar 20231695,81172.852.39$26,218
Feb 20231735,53975.112.47$26,651
Jan 20232646,94376.533.39$43,725
Dec 20222137,78976.415.73$60,899
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 2022427115.097.98$676
May 2022728,820109.378.43$82,254
Apr 2022788,819104.226.84$68,430
Mar 2022739,410108.885.08$55,717
Feb 2022629,10591.054.86$49,885
Jan 2022417,73581.844.54$38,454
Dec 2021669,42171.323.90$41,441
Nov 20211088,83377.435.24$54,620
Oct 20218610,69279.795.71$67,955
Sep 2021398,70769.865.35$49,315
Aug 2021459,12366.024.22$41,475
Jul 2021659,41270.783.98$42,080
Jun 20219810,79369.493.38$43,297
May 2021772,03363.483.02$11,023
Apr 20211739,86760.362.76$37,660
Mar 202119810,82261.302.72$41,540
Feb 20211086,53257.805.55$42,482
Jan 20212459,00250.412.81$37,649
Dec 202026510,02644.642.68$38,654
Nov 202023610,62438.772.71$37,904
Oct 202029612,62436.972.48$42,231
Sep 202028612,85637.091.99$36,205
Aug 202031714,07139.982.39$46,234
Jul 202025612,32538.371.83$32,317
Jun 202033414,11034.901.69$35,507
May 202019312,53616.921.81$26,015
Apr 202032914,90314.751.80$31,743
Mar 202037116,00630.341.86$40,967
Feb 202045516,06649.881.98$54,517
Jan 202090216,03957.252.09$85,237
Dec 201947717,17659.012.30$67,727
Nov 201946617,51155.302.75$73,937
Oct 201951219,06953.472.42$73,496
Sep 201946318,38955.052.66$74,353
Aug 201949719,36453.112.30$71,017
Jul 201940618,28956.272.46$67,838
Jun 201960223,87352.782.49$91,246
May 201957127,17958.482.74$107,871
Apr 201968527,76662.632.75$119,277
Mar 201990731,15056.803.06$146,902
Feb 201986931,67450.852.79$132,629
Jan 20191,17636,75146.033.23$172,770
Dec 201895426,57746.594.19$155,683
Nov 20183979,95052.934.24$63,174
Oct 201811116,73761.443.40$63,694
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20163046.193.09$139
Sep 2016162141.553.10$730
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 201545055.212.96$2,484
Apr 201549310,51049.822.71$53,007
Mar 20151,32432,47642.892.93$152,094
Feb 201585822,62044.662.98$105,640
Jan 20151,10021,93043.433.10$115,770
Dec 20141,91934,66854.693.59$229,455
Nov 20141,57346,57770.464.25$308,872
Oct 20141,60525,57778.303.90$225,446
Sep 20141,68133,71486.164.05$281,223
Aug 20141,26825,01789.394.04$214,293
Jul 20141,82643,73096.564.18$359,092
Jun 20142,88953,92498.164.74$539,016
May 2014107094.734.73$10,136
Apr 20141,01321,79295.944.81$201,988
Mar 20141,59135,45295.895.06$331,835
Feb 20140097.406.19$0
Jan 20141090.404.86$90
Dec 20131091.824.35$92
Nov 201352188.853.74$4,624
Oct 201340097.423.78$3,897
Sep 20131,5783,592104.113.72$177,640
Aug 20133,31185,051104.253.52$644,773
Jul 20136273102.523.72$1,630
Jun 20133094.403.93$283
May 201376094.834.15$7,207
Apr 201373639,49293.964.28$238,283
Mar 20133,31469,22693.623.91$581,129
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20126086.773.42$521
Nov 20120086.953.62$0
Oct 2012814989.383.40$1,222
Sep 20125026,31794.672.92$65,960
Aug 20122,70353,49892.662.91$406,041
Jul 20122,38759,73085.133.02$383,638
Jun 20121,21763,36279.822.52$256,752
May 201292280,03491.612.49$283,615
Apr 20121,72390,145101.652.00$355,144
Mar 20122,951124,592105.052.22$586,856
Feb 20123,872105,423101.102.57$662,422
Jan 201210,359176,14498.092.73$1,497,706
Dec 20110111,27296.873.24$360,492

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            56 bbl  × $ 98.93 =     $5,540
Gas                2,919 Mcf  × $  2.87 =     $8,377

────────────────────────────────────────────────────
Month total                                  $13,917

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/265240 is the state's own key, not one this site invented.