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 265374District 01Field 12018200Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$12.0 M
Dec 2011 – May 2026
Value, last 12 filed months
$185 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
CondensateDisposition66,202 bbl$5,392,985
GasProduction2,055,831 Mcf$6,584,968
Total$11,977,953

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 2026932,60198.932.87$16,665
Mar 2026992,57489.753.15$16,992
Feb 2026422,33663.503.75$11,428
Jan 20261252,73559.138.00$29,266
Dec 20251012,63956.664.41$17,370
Nov 2025942,50258.593.93$15,331
Oct 2025882,74059.383.30$14,281
Sep 20251002,73462.743.08$14,686
Aug 20251132,87163.933.01$15,879
Jul 20251072,89666.743.32$16,742
Jun 20251132,82666.483.13$16,354
May 20251122,99460.553.23$16,459
Apr 20251232,99762.363.54$18,289
Mar 2025903,20167.704.27$19,756
Feb 20251073,09570.884.34$21,019
Jan 20251393,54174.324.28$25,481
Dec 20241353,52868.993.12$20,326
Nov 20241573,91969.052.20$19,457
Oct 20242095,04771.372.28$26,431
Sep 2024013069.612.36$307
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 202414084.451.66$1,182
Mar 20242242,58880.301.55$21,986
Feb 20242112,63676.091.78$20,757
Jan 20242765973.023.30$4,145
Dec 20231313,41071.262.61$18,238
Nov 20231413,87677.892.81$21,865
Oct 20231214,11685.443.09$23,045
Sep 20231123,90289.042.74$20,645
Aug 20231054,57080.522.67$20,670
Jul 20231134,72674.852.64$20,943
Jun 20231014,77168.962.26$17,740
May 20232715,13570.622.23$30,576
Apr 20231685,07878.122.24$24,488
Mar 20231855,58872.852.39$26,850
Feb 20231805,27075.112.47$26,514
Jan 20232377,01776.533.39$41,909
Dec 20221444,13376.415.73$34,681
Nov 20220485.005.65$23
Oct 20220187.185.86$6
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202211260115.097.98$3,340
May 20221426,739109.378.43$72,361
Apr 20221175,261104.226.84$48,166
Mar 20221336,220108.885.08$46,056
Feb 20221135,45691.054.86$36,798
Jan 20221665,67681.844.54$39,341
Dec 20211866,46571.323.90$38,473
Nov 20211335,77377.435.24$40,531
Oct 20211157,42679.795.71$51,607
Sep 20211215,98969.865.35$40,500
Aug 20211896,98966.024.22$41,975
Jul 20211566,34370.783.98$36,300
Jun 20211486,00569.493.38$30,585
May 20211776,72063.483.02$31,515
Apr 20211606,70760.362.76$28,158
Mar 20211868,94861.302.72$35,713
Feb 20211689,00957.805.55$59,692
Jan 202128611,05050.412.81$45,471
Dec 202030610,41444.642.68$41,522
Nov 20201795,12238.772.71$20,803
Oct 20202186,73936.972.48$24,762
Sep 20201434,85037.091.99$14,960
Aug 20201575,42339.982.39$19,211
Jul 20201304,49738.371.83$13,196
Jun 20201183,31234.901.69$9,717
May 20201247,03716.921.81$14,868
Apr 20202319,76214.751.80$21,022
Mar 202029610,82930.341.86$29,082
Feb 202026310,68549.881.98$34,282
Jan 202024610,00757.252.09$35,046
Dec 201921910,22459.012.30$36,483
Nov 20193259,47155.302.75$44,024
Oct 201939610,68453.472.42$47,014
Sep 201943011,62955.052.66$54,573
Aug 201939011,20453.112.30$46,531
Jul 201932811,70256.272.46$47,244
Jun 201941712,66652.782.49$53,563
May 201935914,12458.482.74$59,699
Apr 201944414,76262.632.75$68,414
Mar 201960516,96256.803.06$86,303
Feb 201956715,97350.852.79$73,432
Jan 201975919,64746.033.23$98,361
Dec 201882022,27346.594.19$131,426
Nov 201890827,98852.934.24$166,652
Oct 20181,28356,13361.443.40$269,572
Sep 201838512,52959.543.11$61,863
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 20160046.193.09$0
Sep 20160041.553.10$0
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 2015162038.792.17$6,284
Oct 201576221,79443.552.43$86,070
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 201526049.822.71$1,295
Mar 201529010,56042.892.93$43,429
Feb 201556317,31444.662.98$76,673
Jan 201555520,77043.433.10$88,504
Dec 201483121,88454.693.59$124,041
Nov 201468323,00970.464.25$145,955
Oct 20141,03026,43278.303.90$183,759
Sep 20141,00931,17686.164.05$213,056
Aug 20141,10139,53289.394.04$257,935
Jul 20141,75053,53696.564.18$392,739
Jun 20141098.164.74$98
May 201425094.734.73$2,368
Apr 20141095.944.81$96
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20131091.824.35$92
Nov 201315788.853.74$1,359
Oct 201334097.423.78$3,312
Sep 201310104.113.72$104
Aug 201374713,422104.253.52$125,155
Jul 20131,12826,419102.523.72$213,862
Jun 201391828,15394.403.93$197,396
May 20131,22633,73394.834.15$256,223
Apr 20131,11635,99093.964.28$258,990
Mar 20131,31542,67293.623.91$290,080
Feb 20131,36636,29091.233.42$248,729
Jan 20131,21135,57691.603.42$232,594
Dec 20122,05556,41386.773.42$371,254
Nov 20124,72789,08286.953.62$733,931
Oct 2012879189.383.40$8,085
Sep 20124375,66394.672.92$57,898
Aug 20122,75670,17292.662.91$459,442
Jul 20122,54964,47085.133.02$411,747
Jun 20122,371105,78579.822.52$455,730
May 201239422,43891.612.49$91,927
Apr 201266016,945101.652.00$100,925
Mar 20122,68571,767105.052.22$441,531
Feb 20123,250120,918101.102.57$639,363
Jan 20127,979183,97798.092.73$1,285,668
Dec 20110120,77196.873.24$391,267

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            93 bbl  × $ 98.93 =     $9,200
Gas                2,601 Mcf  × $  2.87 =     $7,464

────────────────────────────────────────────────────
Month total                                  $16,665

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/265374 is the state's own key, not one this site invented.