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 268634District 01Field 12018200Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$14.9 M
Jul 2012 – May 2026
Value, last 12 filed months
$218 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
CondensateDisposition44,613 bbl$3,571,439
GasProduction3,254,107 Mcf$11,325,474
Total$14,896,913

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 202665,50798.932.87$16,397
Mar 202664,13989.753.15$13,574
Feb 202644,66263.503.75$17,738
Jan 202685,30759.138.00$42,918
Dec 202555,22556.664.41$23,343
Nov 202535,08858.593.93$20,154
Oct 202535,33359.383.30$17,803
Sep 202515,12962.743.08$15,844
Aug 202525,30363.933.01$16,115
Jul 202535,35466.743.32$17,950
Jun 202545,15666.483.13$16,398
May 202515,37060.553.23$17,418
Apr 202535,17062.363.54$18,505
Mar 202525,38067.704.27$23,099
Feb 202524,98270.884.34$21,768
Jan 202595,60374.324.28$24,642
Dec 2024105,68368.993.12$18,429
Nov 2024105,01169.052.20$11,707
Oct 202415,91271.372.28$13,559
Sep 202444,15869.612.36$10,109
Aug 202415,45375.632.06$11,329
Jul 202415,45379.932.15$11,785
Jun 202415,29178.082.63$14,014
May 202425,46978.812.20$12,181
Apr 202415,46484.451.66$9,150
Mar 202445,37180.301.55$8,620
Feb 202475,17576.091.78$9,763
Jan 2024245,59773.023.30$20,209
Dec 2023215,64671.262.61$16,237
Nov 2023255,65377.892.81$17,818
Oct 2023294,59585.443.09$16,664
Sep 2023251,47989.042.74$6,271
Aug 20230080.522.67$0
Jul 20231074.852.64$75
Jun 202391,86168.962.26$4,824
May 2023475,34170.622.23$15,216
Apr 2023687,09178.122.24$21,180
Mar 2023848,53672.852.39$26,547
Feb 2023878,06375.112.47$26,415
Jan 202311210,21276.533.39$43,167
Dec 2022866,09376.415.73$41,479
Nov 2022636,01185.005.65$39,294
Oct 2022648,89287.185.86$57,720
Sep 2022519,00284.888.16$77,818
Aug 20224210,47894.529.13$99,604
Jul 2022507,383101.587.54$60,762
Jun 2022267,119115.097.98$59,782
May 2022428,361109.378.43$75,102
Apr 2022519,372104.226.84$69,397
Mar 2022477,303108.885.08$42,190
Feb 2022587,72991.054.86$42,835
Jan 2022968,85381.844.54$48,029
Dec 20211079,15271.323.90$43,316
Nov 2021836,61477.435.24$41,063
Oct 2021308,71179.795.71$52,167
Sep 2021269,62669.865.35$53,324
Aug 20211910,34066.024.22$44,895
Jul 2021286,51270.783.98$27,913
Jun 2021259,17869.493.38$32,765
May 2021709,21163.483.02$32,239
Apr 2021769,79260.362.76$31,598
Mar 20218510,86061.302.72$34,716
Feb 2021678,05457.805.55$48,556
Jan 20219610,34950.412.81$33,923
Dec 20209310,66544.642.68$32,685
Nov 20205810,65838.772.71$31,095
Oct 2020549,69936.972.48$26,035
Sep 20205310,44337.091.99$22,758
Aug 20204810,54639.982.39$27,072
Jul 20204710,86638.371.83$21,635
Jun 20204310,81534.901.69$19,781
May 20203910,73116.921.81$20,134
Apr 20201009,54414.751.80$18,696
Mar 202010310,06630.341.86$21,810
Feb 20201399,97949.881.98$26,698
Jan 202016011,09257.252.09$32,395
Dec 201916110,52759.012.30$33,759
Nov 201914911,38955.302.75$39,567
Oct 20191429,92553.472.42$31,597
Sep 20199210,30055.052.66$32,435
Aug 201910511,00753.112.30$30,941
Jul 20197810,98456.272.46$31,410
Jun 20197410,69952.782.49$30,559
May 20193911,18958.482.74$32,942
Apr 2019011,10162.632.75$30,536
Mar 2019011,81756.803.06$36,185
Feb 2019010,94250.852.79$30,552
Jan 2019012,19946.033.23$39,381
Dec 2018012,17746.594.19$50,966
Nov 2018111,49152.934.24$48,743
Oct 20181013,11461.443.40$45,177
Sep 20182013,22159.543.11$42,282
Aug 20182413,88059.403.07$43,989
Jul 20183614,13765.142.93$43,793
Jun 20186013,86060.183.08$46,257
May 201810614,84465.382.90$49,990
Apr 201815815,16563.842.90$54,077
Mar 201824916,47361.222.79$61,151
Feb 201828416,22061.782.77$62,412
Jan 201841516,48762.874.01$92,193
Dec 201748519,44457.272.92$84,582
Nov 201745624,17855.423.12$100,667
Oct 201706649.292.98$197
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 201733050.452.95$1,665
Jan 20171898,09749.413.42$37,021
Dec 201631018,90848.763.72$85,507
Nov 201621218,85342.492.64$58,862
Oct 201621619,91746.193.09$71,526
Sep 201619420,33241.553.10$71,103
Aug 201623721,30841.442.92$72,133
Jul 201623422,07441.622.92$74,291
Jun 201625321,97045.352.69$70,481
May 201630323,04942.521.99$58,775
Apr 201630222,17536.561.99$55,192
Mar 201634023,60933.011.79$53,578
Feb 201636522,43126.472.06$55,951
Jan 201635724,64127.352.36$68,024
Dec 201529325,38132.362.00$60,279
Nov 201535525,44838.792.17$68,925
Oct 201527327,68343.552.43$79,064
Sep 201520527,25542.992.76$83,994
Aug 201526229,91940.162.87$96,464
Jul 201536231,12148.152.95$109,084
Jun 201532232,17356.152.88$110,831
May 201535731,05955.212.96$111,503
Apr 201516049.822.71$797
Mar 201517113,18042.892.93$46,014
Feb 201526930,10744.662.98$101,618
Jan 201528831,46743.433.10$110,075
Dec 201440336,17054.693.59$151,940
Nov 201430834,37970.464.25$167,876
Oct 201431235,95778.303.90$164,696
Sep 201431237,62286.164.05$179,079
Aug 201434940,55489.394.04$194,837
Jul 201432242,94796.564.18$210,594
Jun 201447840,89898.164.74$240,649
May 201454844,61794.734.73$262,797
Apr 201446945,96195.944.81$266,028
Mar 201452552,02895.895.06$313,437
Feb 201471547,53497.406.19$363,972
Jan 201468729,17690.404.86$203,921
Dec 201373944,47991.824.35$261,538
Nov 201374145,84088.853.74$237,201
Oct 201377753,48797.423.78$277,842
Sep 201357763,063104.113.72$294,523
Aug 20136797,801104.253.52$98,266
Jul 20131,34154,476102.523.72$340,007
Jun 201367860,73594.403.93$302,899
May 201363866,51194.834.15$336,461
Apr 20131497,62893.964.28$46,668
Mar 201326814,96693.623.91$83,650
Feb 20131,38089,48591.233.42$431,928
Jan 20131,72787,36391.603.42$456,967
Dec 20122,008110,10286.773.42$550,801
Nov 20123,066114,67986.953.62$682,295
Oct 20123,502162,38489.383.40$865,062
Sep 20123,659160,48994.672.92$814,769
Aug 20123,489138,92092.662.91$727,292
Jul 201294429,54285.133.02$169,603

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             6 bbl  × $ 98.93 =       $594
Gas                5,507 Mcf  × $  2.87 =    $15,804

────────────────────────────────────────────────────
Month total                                  $16,397

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/268634 is the state's own key, not one this site invented.