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 268286District 01Field 12018200Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$15.1 M
Jun 2012 – May 2026
Value, last 12 filed months
$265 k
at the published price for each month
Months reported
168
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
CondensateDisposition15,151 bbl$1,249,511
GasProduction3,823,525 Mcf$13,803,176
Total$15,052,687

Every month this lease reported (168)

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

168 months

May 202600106.413.05$0
Apr 2026196,92298.932.87$21,744
Mar 2026189,10589.753.15$30,291
Feb 2026114,14063.503.75$16,225
Jan 2026114,09759.138.00$33,418
Dec 2025147,30956.664.41$33,050
Nov 2025127,05258.593.93$28,392
Oct 202598,31859.383.30$28,024
Sep 2025129,49762.743.08$29,974
Aug 2025156,42463.933.01$20,326
Jul 2025027566.743.32$912
Jun 2025127,06266.483.13$22,893
May 2025137,33260.553.23$24,487
Apr 2025167,03162.363.54$25,909
Mar 2025167,40467.704.27$32,686
Feb 2025196,70570.884.34$30,452
Jan 2025197,37774.324.28$32,976
Dec 202407,47968.993.12$23,345
Nov 202477,40469.052.20$16,761
Oct 2024247,97071.372.28$19,896
Sep 2024708,41869.612.36$24,776
Aug 2024129,11175.632.06$19,709
Jul 202483,59779.932.15$8,361
Jun 2024152178.082.63$1,450
May 202487,31178.812.20$16,703
Apr 2024757,32084.451.66$18,479
Mar 2024157,67880.301.55$13,068
Feb 2024217,14476.091.78$14,340
Jan 2024337,63673.023.30$27,591
Dec 20232357,60071.262.61$36,588
Nov 2023217,37377.892.81$22,336
Oct 202367,78385.443.09$24,541
Sep 202307,87089.042.74$21,525
Aug 202307,57580.522.67$20,247
Jul 202348,15874.852.64$21,851
Jun 2023186,73568.962.26$16,452
May 2023217,36870.622.23$17,895
Apr 2023237,81378.122.24$19,280
Mar 2023248,05972.852.39$21,035
Feb 2023227,17075.112.47$19,331
Jan 202398,49076.533.39$29,451
Dec 202207,18376.415.73$41,152
Nov 202217,36585.005.65$41,669
Oct 2022178,13787.185.86$49,195
Sep 2022197,91884.888.16$66,253
Aug 2022208,25694.529.13$77,244
Jul 2022178,191101.587.54$63,504
Jun 2022138,399115.097.98$68,497
May 2022199,271109.378.43$80,261
Apr 2022188,270104.226.84$58,423
Mar 2022189,971108.885.08$52,577
Feb 2022116,08891.054.86$30,582
Jan 2022209,26481.844.54$43,674
Dec 2021179,53271.323.90$38,379
Nov 2021169,27777.435.24$49,821
Oct 2021149,55279.795.71$55,696
Sep 2021188,94569.865.35$49,121
Aug 2021159,28166.024.22$40,162
Jul 2021159,45970.783.98$38,728
Jun 2021159,23169.493.38$32,249
May 2021219,47463.483.02$29,922
Apr 2021229,45860.362.76$27,417
Mar 20212310,65961.302.72$30,370
Feb 2021176,62057.805.55$37,710
Jan 2021269,89150.412.81$29,107
Dec 2020249,84444.642.68$27,409
Nov 2020209,62138.772.71$26,815
Oct 2020209,90636.972.48$25,291
Sep 2020189,73037.091.99$20,040
Aug 20201810,13139.982.39$24,883
Jul 20201710,28038.371.83$19,415
Jun 2020229,97034.901.69$17,620
May 20201510,44116.921.81$19,202
Apr 20202010,18214.751.80$18,667
Mar 20202510,66930.341.86$20,563
Feb 2020239,65549.881.98$20,271
Jan 20202610,79357.252.09$24,097
Dec 20192610,97059.012.30$26,813
Nov 20192210,65355.302.75$30,520
Oct 20192111,11653.472.42$28,007
Sep 20191410,78355.052.66$29,424
Aug 20191711,29553.112.30$26,931
Jul 2019911,27956.272.46$28,253
Jun 20192310,89952.782.49$28,366
May 20192511,35158.482.74$32,567
Apr 20193011,05762.632.75$32,293
Mar 20193011,64156.803.06$37,350
Feb 20192510,78450.852.79$31,383
Jan 20193011,89746.033.23$39,787
Dec 20183212,12846.594.19$52,252
Nov 20182511,91552.934.24$51,810
Oct 20182312,54561.443.40$44,042
Sep 20182212,59559.543.11$40,455
Aug 20182412,77059.403.07$40,586
Jul 20182114,13865.142.93$42,819
Jun 2018167,40560.183.08$23,747
May 2018177,18665.382.90$21,957
Apr 20182612,21563.842.90$37,093
Mar 20183212,91061.222.79$37,937
Feb 20182811,74461.782.77$34,215
Jan 20183713,15262.874.01$55,057
Dec 20173213,33257.272.92$40,782
Nov 20172813,22855.423.12$42,801
Oct 20172613,79149.292.98$42,429
Sep 20172813,07947.523.09$41,709
Aug 20172314,15145.373.00$43,559
Jul 20172514,21443.873.09$44,979
Jun 20172013,94442.493.09$43,899
May 20172514,61345.373.26$48,822
Apr 20174714,43847.933.21$48,622
Mar 201711015,35246.772.98$50,950
Feb 20172714,41850.452.95$43,933
Jan 20172714,98349.413.42$52,558
Dec 20163415,95148.763.72$61,041
Nov 20162715,80842.492.64$42,949
Oct 20163516,30846.193.09$52,013
Sep 20164214,78941.553.10$47,600
Aug 20164415,36841.442.92$46,765
Jul 20165117,49541.622.92$53,284
Jun 20166616,88545.352.69$48,343
May 20166516,56042.521.99$35,735
Apr 20164817,13936.561.99$35,879
Mar 20166920,03233.011.79$38,215
Feb 201613211,98226.472.06$28,220
Jan 20163112,52127.352.36$30,452
Dec 20153219,52532.362.00$40,113
Nov 20156218,98838.792.17$43,558
Oct 20154217,70443.552.43$44,789
Sep 20158042.992.76$344
Aug 20157315,10940.162.87$46,332
Jul 201510116,73648.152.95$54,152
Jun 20158915,70056.152.88$50,258
May 20157013,94155.212.96$45,067
Apr 20150049.822.71$0
Mar 2015324,54142.892.93$14,699
Feb 201519420,10244.662.98$68,491
Jan 201518323,55443.433.10$80,980
Dec 20143825,37854.693.59$93,220
Nov 201492,22970.464.25$10,111
Oct 20143078.303.90$235
Sep 201410033,53386.164.05$144,272
Aug 201422165,34489.394.04$283,426
Jul 201422167,15196.564.18$302,004
Jun 201418866,16698.164.74$331,874
May 20143469,39894.734.73$331,235
Apr 201410468,86995.944.81$341,177
Mar 20147673,50595.895.06$378,988
Feb 201427867,24097.406.19$443,427
Jan 201431676,23190.404.86$399,104
Dec 201330778,94891.824.35$371,966
Nov 201319078,43488.853.74$310,090
Oct 20134380,88497.423.78$309,879
Sep 201321189,646104.113.72$355,248
Aug 201341837,802104.253.52$176,738
Jul 201359477,347102.523.72$348,453
Jun 2013385101,13294.403.93$434,138
May 201354479,36394.834.15$380,871
Apr 2013255101,07593.964.28$456,823
Mar 2013458107,18193.623.91$462,263
Feb 2013384105,54891.233.42$395,997
Jan 2013741117,69091.603.42$470,365
Dec 2012490128,06886.773.42$480,530
Nov 2012757124,47586.953.62$517,038
Oct 2012814116,39389.383.40$468,454
Sep 201248671,75894.672.92$255,428
Aug 20121,502189,17292.662.91$689,318
Jul 2012948110,92885.133.02$415,795
Jun 201201,38179.822.52$3,479

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            19 bbl  × $ 98.93 =     $1,880
Gas                6,922 Mcf  × $  2.87 =    $19,864

────────────────────────────────────────────────────
Month total                                  $21,744

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/268286 is the state's own key, not one this site invented.