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 268493District 01Field 12018200Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$6.2 M
Jul 2012 – May 2026
Value, last 12 filed months
$212 k
at the published price for each month
Months reported
167
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
CondensateDisposition7,935 bbl$615,524
GasProduction1,633,706 Mcf$5,613,939
Total$6,229,463

Every month this lease reported (167)

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

167 months

May 202600106.413.05$0
Apr 2026114,49798.932.87$13,993
Mar 2026114,69989.753.15$15,786
Feb 2026113,73563.503.75$14,706
Jan 2026194,96059.138.00$40,793
Dec 2025195,19156.664.41$23,986
Nov 2025124,67758.593.93$19,067
Oct 2025135,05859.383.30$17,488
Sep 2025135,21762.743.08$16,868
Aug 2025134,92663.933.01$15,682
Jul 2025154,76466.743.32$16,795
Jun 2025134,94566.483.13$16,336
May 2025185,62360.553.23$19,265
Apr 2025144,50162.363.54$16,821
Mar 2025165,35967.704.27$23,957
Feb 2025174,86170.884.34$22,306
Jan 2025265,90574.324.28$27,198
Dec 2024565,80668.993.12$21,986
Nov 2024154,38369.052.20$10,672
Oct 2024195,83071.372.28$14,657
Sep 2024145,33769.612.36$13,593
Aug 2024125,94675.632.06$13,178
Jul 2024206,06279.932.15$14,611
Jun 2024105,81078.082.63$16,084
May 202416,35678.812.20$14,052
Apr 2024266,00284.451.66$12,154
Mar 2024166,30180.301.55$11,021
Feb 2024165,83776.091.78$11,629
Jan 2024236,60073.023.30$23,444
Dec 2023196,62971.262.61$18,660
Nov 2023136,53277.892.81$19,352
Oct 2023146,68385.443.09$21,828
Sep 2023156,64289.042.74$19,502
Aug 2023126,68680.522.67$18,837
Jul 2023147,14174.852.64$19,913
Jun 2023266,47968.962.26$16,426
May 2023216,40670.622.23$15,752
Apr 2023206,27278.122.24$15,598
Mar 2023337,14572.852.39$19,503
Feb 2023186,59975.112.47$17,623
Jan 2023247,54476.533.39$27,394
Dec 2022256,43576.415.73$38,777
Nov 2022166,31385.005.65$37,004
Oct 2022367,36187.185.86$46,302
Sep 2022127,46084.888.16$61,920
Aug 2022147,92494.529.13$73,647
Jul 2022268,047101.587.54$63,332
Jun 2022118,081115.097.98$65,730
May 2022218,297109.378.43$72,266
Apr 2022238,672104.226.84$61,693
Mar 2022328,878108.885.08$48,552
Feb 202298,52691.054.86$42,246
Jan 202249,22581.844.54$42,187
Dec 202139,91971.323.90$38,889
Nov 2021510,28877.435.24$54,264
Oct 2021348,10679.795.71$49,029
Sep 2021326,57769.865.35$37,429
Aug 20216211,20066.024.22$51,364
Jul 2021215,43970.783.98$23,145
Jun 2021236,38569.493.38$23,184
May 20213510,72663.483.02$34,589
Apr 2021477,57660.362.76$23,735
Mar 2021367,09461.302.72$21,481
Feb 20214110,82757.805.55$62,437
Jan 2021296,72650.412.81$20,364
Dec 2020319,56144.642.68$26,964
Nov 2020399,58838.772.71$27,463
Oct 20205311,93036.972.48$31,527
Sep 2020297,41237.091.99$15,833
Aug 20205212,79539.982.39$32,596
Jul 2020197,46738.371.83$14,357
Jun 2020208,23234.901.69$14,613
May 20201611,58016.921.81$21,286
Apr 20203513,20914.751.80$24,350
Mar 20208712,50330.341.86$25,848
Feb 20209512,35949.881.98$29,218
Jan 202024013,68257.252.09$42,400
Dec 201918413,54459.012.30$42,068
Nov 201915613,07955.302.75$44,603
Oct 201910312,79353.472.42$36,448
Sep 201910514,14655.052.66$43,370
Aug 20193613,54153.112.30$33,115
Jul 20191114,46256.272.46$36,196
Jun 20195015,50952.782.49$41,275
May 20195517,19558.482.74$50,336
Apr 20194217,90962.632.75$51,893
Mar 20195820,67656.803.06$66,606
Feb 20196120,77950.852.79$61,121
Jan 20199122,09646.033.23$75,519
Dec 20186524,11746.594.19$103,969
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 201851059.543.11$3,037
Aug 201825733959.403.07$16,305
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 20150038.792.17$0
Oct 20150043.552.43$0
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 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 201434098.164.74$3,337
May 201420621,04294.734.73$118,971
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20141090.404.86$90
Dec 20131191.824.35$96
Nov 20132088.853.74$178
Oct 20134197.423.78$393
Sep 201300104.113.72$0
Aug 201310104.253.52$104
Jul 20133419102.523.72$3,556
Jun 201313122,58294.403.93$101,191
May 201332753,29894.834.15$252,147
Apr 201323055,93193.964.28$261,140
Mar 201313763,13693.623.91$259,869
Feb 201327460,87191.233.42$233,170
Jan 201321376,15291.603.42$279,944
Dec 201253583,18886.773.42$330,938
Nov 20121,079102,60786.953.62$465,765
Oct 20121,03842,77789.383.40$238,205
Sep 20125114,66694.672.92$47,629
Aug 2012163147,80592.662.91$444,944
Jul 2012138113,09985.133.02$353,397

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            11 bbl  × $ 98.93 =     $1,088
Gas                4,497 Mcf  × $  2.87 =    $12,905

────────────────────────────────────────────────────
Month total                                  $13,993

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/268493 is the state's own key, not one this site invented.