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 268492District 01Field 12018200Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$18.7 M
Jun 2012 – May 2026
Value, last 12 filed months
$420 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
CondensateDisposition32,285 bbl$2,423,336
GasProduction4,736,350 Mcf$16,281,686
Total$18,705,022

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 2026228,61598.932.87$26,899
Mar 2026269,86889.753.15$33,412
Feb 2026207,08463.503.75$27,837
Jan 2026389,16259.138.00$75,524
Dec 2025269,38456.664.41$42,888
Nov 2025239,32358.593.93$37,954
Oct 2025239,91959.383.30$34,146
Sep 2025229,63762.743.08$31,033
Aug 20252610,12063.933.01$32,172
Jul 20251079,82366.743.32$39,706
Jun 20251199,73766.483.13$38,375
May 20252410,30160.553.23$34,749
Apr 20252710,37162.363.54$38,429
Mar 20253113,51867.704.27$59,798
Feb 2025125,02770.884.34$22,672
Jan 2025369,43174.324.28$43,028
Dec 20243510,75568.993.12$35,985
Nov 2024248,70669.052.20$20,797
Oct 20242510,84271.372.28$26,519
Sep 2024209,12769.612.36$22,972
Aug 20242010,67075.632.06$23,532
Jul 20242110,71079.932.15$24,669
Jun 20242210,66978.082.63$29,820
May 20242211,31878.812.20$26,616
Apr 2024209,81084.451.66$17,966
Mar 20243010,84980.301.55$19,172
Feb 2024269,91576.091.78$19,663
Jan 20243211,01473.023.30$38,657
Dec 20233111,58571.262.61$32,454
Nov 20232810,49977.892.81$31,657
Oct 20233111,11285.443.09$36,955
Sep 20232411,34589.042.74$33,166
Aug 20232212,15180.522.67$34,250
Jul 20232311,82374.852.64$32,956
Jun 20232410,92168.962.26$26,320
May 20232712,32470.622.23$29,357
Apr 2023249,68478.122.24$23,545
Mar 20232812,47472.852.39$31,892
Feb 20233311,18075.112.47$30,045
Jan 20234913,51076.533.39$49,518
Dec 2022388,58176.415.73$52,065
Nov 2022217,64485.005.65$44,945
Oct 20222511,66787.185.86$70,592
Sep 20222311,28784.888.16$94,096
Aug 20222312,00294.529.13$111,718
Jul 20222012,456101.587.54$95,976
Jun 20222212,402115.097.98$101,465
May 20222412,838109.378.43$110,888
Apr 20222612,724104.226.84$89,711
Mar 20223112,722108.885.08$67,957
Feb 20222711,85491.054.86$60,055
Jan 20224313,07681.844.54$62,854
Dec 20215113,22271.323.90$55,191
Nov 20213312,93677.435.24$70,299
Oct 20212613,69779.795.71$80,337
Sep 20212513,24369.865.35$72,609
Aug 20212513,68766.024.22$59,418
Jul 20212914,27770.783.98$58,905
Jun 20213214,39469.493.38$50,884
May 20213213,72163.483.02$43,437
Apr 20213614,49360.362.76$42,151
Mar 20213816,24961.302.72$46,477
Feb 20212310,31257.805.55$58,540
Jan 20214214,08450.412.81$41,697
Dec 20203913,98444.642.68$39,155
Nov 20203513,97738.772.71$39,187
Oct 20203514,10036.972.48$36,240
Sep 20203514,81637.091.99$30,797
Aug 20204115,78839.982.39$39,295
Jul 20203817,47138.371.83$33,345
Jun 20204817,73834.901.69$31,658
May 2020249,99316.921.81$18,541
Apr 20207015,35714.751.80$28,742
Mar 20206115,67430.341.86$30,945
Feb 20203615,43349.881.98$32,363
Jan 202038717,08657.252.09$57,946
Dec 20191,67214,39059.012.30$131,824
Nov 201910516,56255.302.75$51,364
Oct 201917716,35753.472.42$49,024
Sep 201914117,53355.052.66$54,352
Aug 201911516,30653.112.30$43,683
Jul 20198319,70356.272.46$53,141
Jun 201910514,37352.782.49$41,348
May 20199816,82658.482.74$51,840
Apr 20199117,44362.632.75$53,680
Mar 201910618,82756.803.06$63,671
Feb 20198917,24750.852.79$52,683
Jan 201911319,46046.033.23$68,022
Dec 20188621,81946.594.19$95,329
Nov 20181221,15152.934.24$90,257
Oct 2018317,24961.443.40$58,798
Sep 2018814,74459.543.11$46,301
Aug 20182218,42559.403.07$57,808
Jul 20181724,05865.142.93$71,643
Jun 20186320,47860.183.08$66,801
May 201812120,19965.382.90$66,504
Apr 201812920,51763.842.90$67,751
Mar 201815521,49761.222.79$69,398
Feb 201813119,44261.782.77$61,872
Jan 201816424,61762.874.01$109,008
Dec 201715523,48857.272.92$77,498
Nov 201715324,30955.423.12$84,283
Oct 201713822,25949.292.98$73,216
Sep 201713122,59047.523.09$75,967
Aug 201713426,84845.373.00$86,742
Jul 201719830,11743.873.09$101,666
Jun 201719336,96042.493.09$122,306
May 201721922,98745.373.26$84,952
Apr 20170047.933.21$0
Mar 201720046.772.98$935
Feb 201712819,38250.452.95$63,685
Jan 201717629,09149.413.42$108,152
Dec 201618529,40848.763.72$118,502
Nov 201610929,00842.492.64$81,339
Oct 201610330,53446.193.09$99,116
Sep 201613230,30341.553.10$99,443
Aug 201616931,99241.442.92$100,559
Jul 201614733,67941.622.92$104,607
Jun 201617732,59145.352.69$95,561
May 201621934,22642.521.99$77,457
Apr 201622333,58036.561.99$75,012
Mar 201624833,44233.011.79$68,182
Feb 201627131,34226.472.06$71,852
Jan 201625134,09527.352.36$87,478
Dec 201520835,06532.362.00$76,910
Nov 201526534,58838.792.17$85,243
Oct 201525036,72743.552.43$100,009
Sep 201520535,79142.992.76$107,540
Aug 201524638,01540.162.87$119,077
Jul 201526739,25448.152.95$128,462
Jun 201525138,11856.152.88$123,983
May 201527336,77755.212.96$123,765
Apr 201526939,64349.822.71$120,698
Mar 201529742,55942.892.93$137,637
Feb 201523338,92444.662.98$126,251
Jan 201531944,44043.433.10$151,646
Dec 201435946,43054.693.59$186,381
Nov 201432145,89870.464.25$217,769
Oct 201437446,43778.303.90$210,433
Sep 201437046,26786.164.05$219,050
Aug 201434348,59989.394.04$226,764
Jul 201436350,82896.564.18$247,492
Jun 201446350,31098.164.74$283,761
May 201455154,20294.734.73$308,385
Apr 201457254,64095.944.81$317,648
Mar 201464659,37495.895.06$362,187
Feb 201459453,57897.406.19$389,611
Jan 201486862,49190.404.86$382,218
Dec 201384274,98891.824.35$403,846
Nov 201384566,36288.853.74$323,158
Oct 20131,03676,21397.423.78$388,963
Sep 20131,46085,100104.113.72$468,380
Aug 201340046,768104.253.52$206,445
Jul 2013120102.523.72$1,230
Jun 20133761,73694.403.93$246,326
May 20135484,11394.834.15$354,112
Apr 20133286,61093.964.28$373,922
Mar 201311392,10793.623.91$370,982
Feb 201332784,61891.233.42$319,218
Jan 201394181,54791.603.42$365,079
Dec 2012724110,15486.773.42$439,566
Nov 20121,408150,42586.953.62$667,710
Oct 201289145,21089.383.40$233,337
Sep 20121,217194,60894.672.92$683,157
Aug 20121,705194,63892.662.91$724,024
Jul 2012862131,44685.133.02$470,454
Jun 20120079.822.52$0

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            22 bbl  × $ 98.93 =     $2,176
Gas                8,615 Mcf  × $  2.87 =    $24,723

────────────────────────────────────────────────────
Month total                                  $26,899

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/268492 is the state's own key, not one this site invented.