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 267049District 01Field 12018200Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$24.8 M
Mar 2012 – May 2026
Value, last 12 filed months
$263 k
at the published price for each month
Months reported
171
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
CondensateDisposition77,573 bbl$6,138,894
GasProduction5,689,846 Mcf$18,619,445
Total$24,758,340

Every month this lease reported (171)

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

171 months

May 202600106.413.05$0
Apr 2026634,90998.932.87$20,320
Mar 2026695,25389.753.15$22,737
Feb 2026604,66163.503.75$21,290
Jan 2026855,20159.138.00$46,623
Dec 2025795,15756.664.41$27,236
Nov 2025684,97458.593.93$23,514
Oct 2025735,14059.383.30$21,322
Sep 2025625,02662.743.08$19,354
Aug 2025495,33663.933.01$19,219
Jul 2025595,12966.743.32$20,941
Jun 2025655,00666.483.13$19,984
May 2025645,26960.553.23$20,906
Apr 2025685,09062.363.54$22,275
Mar 2025675,27267.704.27$27,038
Feb 2025694,81770.884.34$25,801
Jan 2025765,38774.324.28$28,698
Dec 2024585,44968.993.12$21,010
Nov 2024615,06969.052.20$15,356
Oct 2024625,90871.372.28$17,903
Sep 2024494,36469.612.36$13,729
Aug 2024645,49475.632.06$16,178
Jul 2024565,64979.932.15$16,602
Jun 2024605,50778.082.63$19,190
May 2024725,41178.812.20$17,570
Apr 2024615,41884.451.66$14,141
Mar 2024715,68380.301.55$14,482
Feb 2024675,08376.091.78$14,164
Jan 2024835,17873.023.30$23,136
Dec 2023845,48571.262.61$20,306
Nov 2023775,35677.892.81$21,035
Oct 2023645,58985.443.09$22,723
Sep 2023635,49089.042.74$20,625
Aug 2023595,54880.522.67$19,580
Jul 2023695,50274.852.64$19,700
Jun 2023644,99968.962.26$15,704
May 2023765,38370.622.23$17,357
Apr 2023755,05378.122.24$17,166
Mar 2023655,17372.852.39$17,115
Feb 2023685,04975.112.47$17,557
Jan 2023905,21676.533.39$24,558
Dec 2022995,10876.415.73$36,829
Nov 2022734,91985.005.65$33,979
Oct 2022705,56787.185.86$38,746
Sep 2022725,39884.888.16$50,179
Aug 20221275,61594.529.13$63,253
Jul 2022625,688101.587.54$49,197
Jun 2022325,695115.097.98$49,113
May 2022225,989109.378.43$52,912
Apr 2022265,741104.226.84$41,964
Mar 2022236,026108.885.08$33,095
Feb 2022295,50291.054.86$29,374
Jan 2022545,98981.844.54$31,596
Dec 2021466,10771.323.90$27,093
Nov 2021356,01377.435.24$34,199
Oct 2021556,45179.795.71$41,249
Sep 2021875,81269.865.35$37,177
Aug 20211066.024.22$66
Jul 20211579570.783.98$4,227
Jun 2021805,94369.493.38$25,650
May 2021876,09963.483.02$23,928
Apr 2021875,96460.362.76$21,703
Mar 20211016,24461.302.72$23,156
Feb 2021805,26957.805.55$33,856
Jan 2021876,22150.412.81$21,868
Dec 2020746,30344.642.68$20,167
Nov 2020726,10438.772.71$19,312
Oct 2020736,42136.972.48$18,613
Sep 2020646,21937.091.99$14,756
Aug 2020616,58439.982.39$18,142
Jul 2020526,73638.371.83$14,289
Jun 20201056,41734.901.69$14,511
May 2020686,66516.921.81$13,246
Apr 2020946,53814.751.80$13,184
Mar 2020976,85830.341.86$15,673
Feb 2020736,57149.881.98$16,656
Jan 2020366,90257.252.09$16,519
Dec 2019636,58359.012.30$18,887
Nov 2019757,50955.302.75$24,803
Oct 2019543,53453.472.42$11,435
Sep 2019846,76255.052.66$22,593
Aug 20191817,11653.112.30$26,011
Jul 20192857,27756.272.46$33,939
Jun 2019907,30652.782.49$22,951
May 20191129,16558.482.74$31,665
Apr 2019776,09362.632.75$21,583
Mar 20190056.803.06$0
Feb 201964050.852.79$3,254
Jan 201933124,08746.033.23$92,993
Dec 201834025,53846.594.19$122,728
Nov 201825322,69752.934.24$109,564
Oct 201823727,97761.443.40$109,629
Sep 201822623,77759.543.11$87,355
Aug 201812526,59559.403.07$88,980
Jul 2018225,24665.142.93$74,149
Jun 20185319,87960.183.08$64,356
May 201825427,11565.382.90$95,262
Apr 201826226,81863.842.90$94,520
Mar 201829928,40761.222.79$97,471
Feb 201825826,00361.782.77$87,867
Jan 201833028,73462.874.01$135,951
Dec 201734029,00757.272.92$104,216
Nov 201732228,82055.423.12$107,716
Oct 201730630,00349.292.98$104,602
Sep 201730229,13447.523.09$104,296
Aug 201728531,25645.373.00$106,836
Jul 201735131,88343.873.09$113,830
Jun 201727331,61242.493.09$109,195
May 201732031,60545.373.26$117,658
Apr 201733631,34847.933.21$116,782
Mar 201739233,81346.772.98$119,221
Feb 201737932,15750.452.95$114,067
Jan 201741836,98749.413.42$147,105
Dec 201647234,10148.763.72$149,967
Nov 201636438,02042.492.64$116,005
Oct 201640743,26346.193.09$152,493
Sep 201618217,05941.553.10$60,456
Aug 201665041.442.92$2,694
Jul 201634931,31741.622.92$106,107
Jun 201650050,16645.352.69$157,412
May 201650452,17942.521.99$125,321
Apr 201648751,25336.561.99$119,851
Mar 201652254,19733.011.79$114,461
Feb 201657452,06526.472.06$122,637
Jan 201656055,04627.352.36$145,465
Dec 201546956,49632.362.00$128,249
Nov 201559356,29038.792.17$145,001
Oct 201556259,36443.552.43$168,527
Sep 201547859,54442.992.76$184,797
Aug 201558862,61040.162.87$203,461
Jul 201566764,53548.152.95$222,177
Jun 201559958,14656.152.88$201,261
May 201578061,41755.212.96$224,579
Apr 201575263,13349.822.71$208,339
Mar 201555647,75442.892.93$163,991
Feb 201556155,32344.662.98$189,706
Jan 201575763,67243.433.10$230,300
Dec 201481867,74254.693.59$288,022
Nov 201469165,92970.464.25$329,007
Oct 201479169,21578.303.90$331,940
Sep 201490762,43986.164.05$330,740
Aug 201486657,94489.394.04$311,223
Jul 201468560,27696.564.18$318,073
Jun 201486463,73398.164.74$386,706
May 20141,11860,54194.734.73$392,059
Apr 20141,00361,54995.944.81$392,224
Mar 20141,03173,47095.895.06$470,386
Feb 201473053,22097.406.19$400,640
Jan 20141,08483,43390.404.86$503,538
Dec 201397060,45591.824.35$352,315
Nov 201398064,31688.853.74$327,504
Oct 20131,35886,84197.423.78$460,500
Sep 20131,14972,050104.113.72$387,486
Aug 20131,21996,750104.253.52$467,893
Jul 20134,10399,096102.523.72$789,053
Jun 20133,02889,43694.403.93$637,632
May 20132,39465,62594.834.15$499,306
Apr 20133,43275,90493.964.28$647,536
Mar 20132,49384,88293.623.91$565,527
Feb 20132,09179,86991.233.42$463,907
Jan 20131,625162,21291.603.42$703,600
Dec 20122,058111,86486.773.42$561,165
Nov 20122,25080,51786.953.62$487,508
Oct 2012869144,67189.383.40$569,506
Sep 20121,363155,14594.672.92$581,810
Aug 20121,490182,37492.662.91$668,436
Jul 20122,046172,59485.133.02$695,548
Jun 20121,380177,02779.822.52$556,090
May 20121,187133,49791.612.49$440,924
Apr 20122,213199,396101.652.00$623,105
Mar 20121,847140,885105.052.22$507,085

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            63 bbl  × $ 98.93 =     $6,233
Gas                4,909 Mcf  × $  2.87 =    $14,087

────────────────────────────────────────────────────
Month total                                  $20,320

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/267049 is the state's own key, not one this site invented.