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 268637District 01Field 12018200Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$17.5 M
Jul 2012 – May 2026
Value, last 12 filed months
$0
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
CondensateDisposition64,616 bbl$5,104,510
GasProduction3,568,993 Mcf$12,347,001
Total$17,451,511

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 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 202521074.324.28$191
Dec 2024524,34668.993.12$17,153
Nov 2024525,33569.052.20$15,319
Oct 2024485,50071.372.28$15,973
Sep 2024314,10869.612.36$11,871
Aug 2024445,35775.632.06$14,383
Jul 2024303,64279.932.15$10,216
Jun 2024375,78278.082.63$18,119
May 2024222,71878.812.20$7,709
Apr 2024607,03184.451.66$16,733
Mar 2024818,02380.301.55$18,901
Feb 2024777,60776.091.78$19,427
Jan 2024748,03973.023.30$31,913
Dec 2023978,71271.262.61$29,657
Nov 2023978,74677.892.81$32,110
Oct 2023839,85085.443.09$37,501
Sep 20237011,19289.042.74$36,843
Aug 202311014,03680.522.67$46,374
Jul 20233074.852.64$225
Jun 2023373,17868.962.26$9,729
May 202313610,66970.622.23$33,368
Apr 202318813,53478.122.24$44,972
Mar 20231279,46772.852.39$31,908
Feb 2023854,99175.112.47$18,691
Jan 20233005,98876.533.39$43,245
Dec 2022874,69176.415.73$33,523
Nov 2022484,44885.005.65$29,194
Oct 2022676,14987.185.86$41,897
Sep 2022726,11384.888.16$56,016
Aug 2022626,45594.529.13$64,776
Jul 2022536,270101.587.54$52,673
Jun 2022425,111115.097.98$45,605
May 2022596,523109.378.43$61,462
Apr 20221615,915104.226.84$57,224
Mar 20221,1486,118108.885.08$156,052
Feb 2022404,18191.054.86$23,957
Jan 20221037,11181.844.54$40,697
Dec 2021634,37271.323.90$21,540
Nov 2021697,95877.435.24$47,018
Oct 202105,53879.795.71$31,643
Sep 202104,19069.865.35$22,420
Aug 202106,59766.024.22$27,843
Jul 202125,42970.783.98$21,760
Jun 2021265,99269.493.38$22,063
May 2021572,59463.483.02$11,446
Apr 20211598,79760.362.76$33,863
Mar 20211048,22161.302.72$28,711
Feb 2021838,18157.805.55$50,185
Jan 20211299,67250.412.81$33,684
Dec 20201269,92344.642.68$32,173
Nov 202011710,15038.772.71$32,008
Oct 202013110,34936.972.48$30,492
Sep 202014210,72937.091.99$26,629
Aug 2020859,63739.982.39$26,384
Jul 202012310,80438.371.83$24,438
Jun 202012610,54934.901.69$22,228
May 202011410,41316.921.81$20,826
Apr 20202969,65114.751.80$21,780
Mar 202017511,07130.341.86$25,860
Feb 20201410,89149.881.98$22,270
Jan 2020013,09657.252.09$27,433
Dec 201906,14759.012.30$14,165
Nov 2019210,39655.302.75$28,707
Oct 20192212,33753.472.42$31,014
Sep 20195012,92455.052.66$37,095
Aug 201916053.112.30$850
Jul 2019623,15256.272.46$11,243
Jun 20191077,03452.782.49$23,171
May 20197513,79458.482.74$42,186
Apr 2019012,61862.632.75$34,708
Mar 201908,19456.803.06$25,091
Feb 2019011,58150.852.79$32,337
Jan 2019010,29446.033.23$33,231
Dec 2018012,48946.594.19$52,272
Nov 2018113,18652.934.24$55,925
Oct 20183113,83561.443.40$48,917
Sep 201812613,87059.543.11$50,610
Aug 201826014,53659.403.07$60,020
Jul 201824114,45965.142.93$58,091
Jun 201824514,24560.183.08$58,575
May 201831115,33265.382.90$64,808
Apr 201837415,68063.842.90$69,361
Mar 201844116,93661.222.79$74,196
Feb 201834318,51661.782.77$72,408
Jan 20181988,83662.874.01$47,875
Dec 201737717,22557.272.92$71,914
Nov 201735017,85055.423.12$75,060
Oct 201729516,37649.292.98$63,401
Sep 201729916,62147.523.09$65,522
Aug 201728818,11945.373.00$67,503
Jul 201735418,65143.873.09$73,111
Jun 201729719,27142.493.09$72,115
May 201734722,90045.373.26$90,475
Apr 201724615,61447.933.21$61,937
Mar 201714046.772.98$655
Feb 20171354,14050.452.95$19,035
Jan 201736420,08849.413.42$86,662
Dec 201640620,75248.763.72$97,053
Nov 201629320,59042.492.64$66,897
Oct 201633521,95546.193.09$83,320
Sep 201631122,43341.553.10$82,478
Aug 201636323,81841.442.92$84,695
Jul 201634824,42441.622.92$85,908
Jun 201635224,28245.352.69$81,181
May 201638225,24942.521.99$66,514
Apr 201638224,56636.561.99$62,878
Mar 201641726,36933.011.79$61,071
Feb 201653524,91826.472.06$65,583
Jan 201649227,19127.352.36$77,746
Dec 201540328,14632.362.00$69,373
Nov 201552627,87638.792.17$80,820
Oct 201550730,54043.552.43$96,188
Sep 201542030,28542.992.76$101,595
Aug 201551733,25240.162.87$116,279
Jul 201550235,36248.152.95$128,315
Jun 201550937,62956.152.88$137,059
May 201538223,17555.212.96$89,583
Apr 201522049.822.71$1,096
Mar 201523914,29342.892.93$52,197
Feb 201544134,49344.662.98$122,353
Jan 201557436,32243.433.10$137,550
Dec 201461739,68454.693.59$176,263
Nov 201450238,22070.464.25$197,876
Oct 201453941,38778.303.90$203,653
Sep 201459442,91486.164.05$224,785
Aug 201462845,15989.394.04$238,359
Jul 201453848,74296.564.18$255,671
Jun 201478346,41298.164.74$296,707
May 201491451,96394.734.73$332,189
Apr 201484954,10995.944.81$341,670
Mar 20141,04160,75495.895.06$407,042
Feb 20141,21156,12097.406.19$465,446
Jan 20141,11136,48390.404.86$277,768
Dec 20131,24949,11791.824.35$328,562
Nov 20131,46353,05888.853.74$328,333
Oct 20131,76363,00497.423.78$409,866
Sep 201386477,682104.113.72$378,753
Aug 20131,0238,048104.253.52$134,998
Jul 20131,72059,604102.523.72$397,927
Jun 20131,22263,31994.403.93$364,416
May 20131,56184,61694.834.15$499,108
Apr 20131,16863,09593.964.28$379,955
Mar 201365135,17593.623.91$198,582
Feb 20131,43083,72891.233.42$416,801
Jan 20131,722109,80591.603.42$533,258
Dec 20122,144116,28586.773.42$583,748
Nov 20122,949133,97886.953.62$742,080
Oct 20123,802180,10389.383.40$952,115
Sep 20124,157155,84794.672.92$848,367
Aug 20123,353113,54592.662.91$640,896
Jul 20121,09330,12185.133.02$184,037

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.

Jan 2025 — as filed, then multipliedworked
Condensate             2 bbl  × $ 74.32 =       $149
Gas                   10 Mcf  × $  4.28 =        $43

────────────────────────────────────────────────────
Month total                                     $191

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/268637 is the state's own key, not one this site invented.