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 269250District 01Field 12018200Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$11.0 M
May 2012 – May 2026
Value, last 12 filed months
$259 k
at the published price for each month
Months reported
169
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
CondensateDisposition30,478 bbl$2,115,330
GasProduction2,622,126 Mcf$8,835,082
Total$10,950,412

Every month this lease reported (169)

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

169 months

May 202600106.413.05$0
Apr 2026101,25298.932.87$4,582
Mar 2026105,15689.753.15$17,136
Feb 2026143,88163.503.75$15,444
Jan 2026214,87659.138.00$40,240
Dec 2025335,60056.664.41$26,585
Nov 2025345,61858.593.93$24,051
Oct 2025406,43459.383.30$23,639
Sep 2025667,39362.743.08$26,889
Aug 2025489,60063.933.01$32,010
Jul 202512811,96066.743.32$48,193
Jun 202507466.483.13$232
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 2023415371.262.61$684
Nov 2023534577.892.81$1,358
Oct 2023733685.443.09$1,635
Sep 2023152589.042.74$1,525
Aug 2023671180.522.67$2,384
Jul 202342,64074.852.64$7,274
Jun 202308,77768.962.26$19,823
May 202305,44670.622.23$12,130
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 202123077.435.24$312
Oct 2021224,13179.795.71$25,359
Sep 2021276,20569.865.35$35,089
Aug 2021235,40566.024.22$24,331
Jul 2021325,35670.783.98$23,593
Jun 2021385,39669.493.38$20,882
May 2021436,15463.483.02$21,300
Apr 2021203,78260.362.76$11,640
Mar 2021465161.302.72$2,014
Feb 2021121,51757.805.55$9,110
Jan 2021165,04050.412.81$14,970
Dec 202085,26844.642.68$14,451
Nov 2020234,03738.772.71$11,818
Oct 2020505,60436.972.48$15,738
Sep 2020465,44237.091.99$12,541
Aug 2020485,67239.982.39$15,447
Jul 2020315,78338.371.83$11,744
Jun 2020415,68534.901.69$11,040
May 2020296,03016.921.81$11,434
Apr 2020455,18014.751.80$10,010
Mar 2020475,81130.341.86$12,213
Feb 2020685,68449.881.98$14,650
Jan 2020375,78957.252.09$14,245
Dec 2019495,79259.012.30$16,238
Nov 2019605,78555.302.75$19,231
Oct 2019606,01453.472.42$17,753
Sep 2019495,72555.052.66$17,910
Aug 2019556,10053.112.30$16,978
Jul 2019486,16356.272.46$17,862
Jun 2019596,13152.782.49$18,388
May 2019586,08858.482.74$20,075
Apr 2019626,24162.632.75$21,050
Mar 2019756,56256.803.06$24,354
Feb 2019695,96750.852.79$20,170
Jan 2019946,62846.033.23$25,723
Dec 2018846,46946.594.19$30,989
Nov 2018686,57552.934.24$31,459
Oct 2018686,92161.443.40$27,696
Sep 2018646,76059.543.11$24,821
Aug 2018707,09659.403.07$25,918
Jul 2018637,25965.142.93$25,386
Jun 2018736,87160.183.08$25,535
May 20181077,15265.382.90$27,742
Apr 20181337,18263.842.90$29,324
Mar 20181697,53661.222.79$31,348
Feb 20181406,87961.782.77$27,677
Jan 20181187,69162.874.01$38,254
Dec 2017937,79357.272.92$28,094
Nov 2017857,86755.423.12$29,243
Oct 2017768,41449.292.98$28,851
Sep 2017677,31747.523.09$25,773
Aug 2017688,43445.373.00$28,424
Jul 2017878,87243.873.09$31,207
Jun 2017668,24542.493.09$28,259
May 2017688,51245.373.26$30,863
Apr 2017728,70147.933.21$31,395
Mar 2017549,13746.772.98$29,787
Feb 2017178,75650.452.95$26,711
Jan 2017849,10049.413.42$35,262
Dec 20161029,72548.763.72$41,178
Nov 2016709,60642.492.64$28,376
Oct 2016809,13046.193.09$31,909
Sep 2016729,68441.553.10$33,018
Aug 201610710,43341.442.92$34,944
Jul 201611110,32341.622.92$34,808
Jun 20168411,51345.352.69$34,731
May 20169711,58742.521.99$27,195
Apr 201612111,99736.561.99$28,310
Mar 201613314,09433.011.79$29,675
Feb 2016511,95626.472.06$5,386
Jan 201611011,30527.352.36$29,738
Dec 20159010,78832.362.00$24,504
Nov 201512910,51638.792.17$27,796
Oct 201511712,23943.552.43$34,794
Sep 2015473,20842.992.76$10,870
Aug 201511912,33440.162.87$40,208
Jul 201512210,18948.152.95$35,882
Jun 2015969,93956.152.88$34,043
May 201512811,13955.212.96$39,988
Apr 201513911,24949.822.71$37,371
Mar 20152,118112,10242.892.93$419,828
Feb 20151,79296,43244.662.98$367,031
Jan 201517015,01943.433.10$53,951
Dec 20143,885142,10654.693.59$722,824
Nov 20143,550143,92170.464.25$862,062
Oct 201440826,45378.303.90$135,138
Sep 201438115,92386.164.05$97,243
Aug 201414189.394.04$1,256
Jul 201412412,06496.564.18$62,396
Jun 201413623,51898.164.74$124,752
May 201424026,25294.734.73$146,817
Apr 201435327,04295.944.81$163,915
Mar 201437628,94795.895.06$182,434
Feb 201430426,07997.406.19$191,091
Jan 201428430,50190.404.86$173,930
Dec 20138433,09391.824.35$151,816
Nov 201319032,21488.853.74$137,306
Oct 201322235,28297.423.78$154,971
Sep 201318036,128104.113.72$153,054
Aug 201328640,267104.253.52$171,660
Jul 201314235,753102.523.72$147,478
Jun 201317544,28194.403.93$190,695
May 201329255,24094.834.15$256,886
Apr 201324943,33693.964.28$208,986
Mar 201345156,78293.623.91$264,403
Feb 201385359,07391.233.42$279,844
Jan 201336839,65491.603.42$169,322
Dec 201265054,05186.773.42$241,264
Nov 201276359,83686.953.62$283,246
Oct 201284674,22189.383.40$327,943
Sep 201274380,09194.672.92$304,077
Aug 2012969101,44092.662.91$384,791
Jul 20121,389115,88385.133.02$468,305
Jun 2012950139,96179.822.52$428,396
May 201254197,06291.612.49$291,082

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            10 bbl  × $ 98.93 =       $989
Gas                1,252 Mcf  × $  2.87 =     $3,593

────────────────────────────────────────────────────
Month total                                   $4,582

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/269250 is the state's own key, not one this site invented.