GALVAN RANCH LP

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 266258District 01Field 12018200Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$16.3 M
Jan 2012 – May 2026
Value, last 12 filed months
$191 k
at the published price for each month
Months reported
173
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
CondensateDisposition85,440 bbl$6,949,087
GasProduction2,915,010 Mcf$9,312,444
Total$16,261,531

Every month this lease reported (173)

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

173 months

May 202600106.413.05$0
Apr 2026862,56198.932.87$15,857
Mar 2026913,11489.753.15$17,975
Feb 2026852,92363.503.75$16,360
Jan 20261153,15159.138.00$32,001
Dec 20251113,36956.664.41$21,158
Nov 2025712,21258.593.93$12,845
Oct 2025903,14259.383.30$15,728
Sep 2025742,68962.743.08$12,917
Aug 2025813,23263.933.01$14,922
Jul 2025803,18866.743.32$15,908
Jun 2025843,20966.483.13$15,624
May 2025763,06160.553.23$14,496
Apr 2025893,24962.363.54$17,062
Mar 2025883,37767.704.27$20,372
Feb 2025923,04670.884.34$19,743
Jan 20251063,19874.324.28$21,561
Dec 20241043,21568.993.12$17,210
Nov 2024893,28369.052.20$13,363
Oct 2024853,41171.372.28$13,848
Sep 2024873,25869.612.36$13,759
Aug 2024793,01175.632.06$12,188
Jul 2024612,56479.932.15$10,380
Jun 2024863,20478.082.63$15,154
May 2024753,27578.812.20$13,111
Apr 2024773,38584.451.66$12,119
Mar 2024873,48480.301.55$12,369
Feb 2024842,87676.091.78$11,521
Jan 2024993,38073.023.30$18,375
Dec 20231123,53371.262.61$17,205
Nov 20231073,56077.892.81$18,329
Oct 2023983,78085.443.09$20,043
Sep 2023912,90789.042.74$16,053
Aug 2023743,20480.522.67$14,522
Jul 2023993,17574.852.64$15,798
Jun 20231063,33568.962.26$14,842
May 2023491,31470.622.23$6,387
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 202307976.533.39$268
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20224084.888.16$340
Aug 2022612,52894.529.13$28,839
Jul 20221196,043101.587.54$57,665
Jun 20221226,296115.097.98$64,265
May 20221165,615109.378.43$60,038
Apr 20221184,799104.226.84$45,112
Mar 20221515,868108.885.08$46,229
Feb 20221245,38391.054.86$37,445
Jan 20221736,06581.844.54$41,679
Dec 20211406,13371.323.90$33,898
Nov 20211385,93777.435.24$41,777
Oct 20211346,14279.795.71$45,786
Sep 20211315,89869.865.35$40,711
Aug 20211366,33166.024.22$35,699
Jul 20211356,39270.783.98$35,009
Jun 20211446,32369.493.38$31,382
May 20211776,52963.483.02$30,938
Apr 20211666,36660.362.76$27,580
Mar 20211656,83961.302.72$28,696
Feb 20211446,33257.805.55$43,453
Jan 20211957,02850.412.81$29,581
Dec 20201817,15344.642.68$27,217
Nov 20201837,23238.772.71$26,669
Oct 20202088,17136.972.48$27,941
Sep 202020110,16137.091.99$27,686
Aug 2020692,98939.982.39$9,888
Jul 202037738.371.83$256
Jun 20203648934.901.69$2,083
May 2020662,99016.921.81$6,543
Apr 20201546,83814.751.80$14,610
Mar 20201827,27930.341.86$19,033
Feb 20201716,90449.881.98$22,204
Jan 20202017,26457.252.09$26,723
Dec 20192077,38559.012.30$29,233
Nov 20191897,28155.302.75$30,480
Oct 20191927,55753.472.42$28,543
Sep 20191537,37155.052.66$28,009
Aug 20191697,75753.112.30$26,851
Jul 20191517,91956.272.46$27,978
Jun 20191867,78752.782.49$29,216
May 20191998,36858.482.74$34,569
Apr 20192649,29862.632.75$42,110
Mar 20191206,65156.803.06$27,182
Feb 201947050.852.79$2,390
Jan 20192147,75746.033.23$34,891
Dec 20181507,63146.594.19$38,928
Nov 20182117,89952.934.24$44,638
Oct 20182057,82261.443.40$39,175
Sep 20181948,10259.543.11$36,732
Aug 20182118,76259.403.07$39,403
Jul 20181748,52565.142.93$36,329
Jun 20181445,57960.183.08$25,832
May 20182148,72665.382.90$39,304
Apr 20182298,81963.842.90$40,202
Mar 20182689,29461.222.79$42,308
Feb 20182368,71361.782.77$38,681
Jan 20183089,69362.874.01$58,226
Dec 20172839,74957.272.92$44,689
Nov 20172589,43355.423.12$43,714
Oct 20172359,52049.292.98$39,988
Sep 20172259,26647.523.09$39,299
Aug 20172139,91045.373.00$39,437
Jul 201725010,38043.873.09$43,013
Jun 201718810,44142.493.09$40,222
May 201722111,15545.373.26$46,430
Apr 201724810,90447.933.21$46,906
Mar 201727611,51746.772.98$47,272
Feb 201728510,87050.452.95$46,473
Jan 201739011,49549.413.42$58,569
Dec 201668711,67548.763.72$76,962
Nov 201681611,80542.492.64$65,888
Oct 201676312,86646.193.09$75,002
Sep 201630814,21741.553.10$56,879
Aug 20162438,31641.442.92$34,389
Jul 20161364,21541.622.92$17,986
Jun 201631213,18645.352.69$49,565
May 201635014,18442.521.99$43,123
Apr 201638614,07836.561.99$42,142
Mar 201649313,09533.011.79$39,766
Feb 20163839,87326.472.06$30,512
Jan 20162396,36827.352.36$21,593
Dec 20152367,31032.362.00$22,267
Nov 20153979,61838.792.17$36,245
Oct 201537210,47643.552.43$41,621
Sep 201531210,15242.992.76$41,416
Aug 201535710,85640.162.87$45,521
Jul 201539010,96648.152.95$51,074
Jun 201535710,72056.152.88$50,950
May 201542710,98055.212.96$56,026
Apr 201548311,51349.822.71$55,224
Mar 201554912,02342.892.93$58,831
Feb 201537910,20844.662.98$47,307
Jan 201554212,38243.433.10$61,931
Dec 201463312,65054.693.59$80,049
Nov 201456714,32470.464.25$100,854
Oct 20143767,67178.303.90$59,365
Sep 20141773,95986.164.05$31,266
Aug 201446112,05389.394.04$89,844
Jul 201441411,60396.564.18$88,472
Jun 201434310,73498.164.74$84,515
May 20143969,33594.734.73$81,636
Apr 2014241,24295.944.81$8,275
Mar 20142095.895.06$192
Feb 201465097.406.19$6,331
Jan 201434711,31090.404.86$86,344
Dec 20131,09651,77691.824.35$326,092
Nov 20131,20351,99988.853.74$301,273
Oct 201386852,56097.423.78$283,204
Sep 20131,03856,890104.113.72$319,568
Aug 20131,34053,503104.253.52$328,165
Jul 20131,69662,139102.523.72$404,891
Jun 201396182,02194.403.93$413,341
May 201396361,31794.834.15$345,730
Apr 20131,30053,28593.964.28$350,346
Mar 20132,44975,37193.623.91$524,192
Feb 20131,80674,76591.233.42$420,451
Jan 20132,57274,71291.603.42$491,104
Dec 20122,30786,67686.773.42$496,624
Nov 20122,79982,11186.953.62$541,022
Oct 20121,61262,37789.383.40$356,142
Sep 20122,944119,11794.672.92$626,340
Aug 20122,45395,80992.662.91$505,923
Jul 20124,090134,08585.133.02$753,226
Jun 20124,597140,64479.822.52$721,220
May 20124,697128,24991.612.49$749,417
Apr 20123,42259,870101.652.00$467,395
Mar 20125,774162,131105.052.22$966,827
Feb 20122,95976,255101.102.57$495,149
Jan 20121,44953,70198.092.73$288,955

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            86 bbl  × $ 98.93 =     $8,508
Gas                2,561 Mcf  × $  2.87 =     $7,349

────────────────────────────────────────────────────
Month total                                  $15,857

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/266258 is the state's own key, not one this site invented.