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 269252District 01Field 12018200Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$10.5 M
May 2012 – May 2026
Value, last 12 filed months
$295 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
CondensateDisposition26,135 bbl$1,877,357
GasProduction2,580,647 Mcf$8,620,735
Total$10,498,092

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 2026201,65798.932.87$6,734
Mar 2026485,98489.753.15$23,154
Feb 202615,58563.503.75$21,009
Jan 202686,48259.138.00$52,316
Dec 2025186,64156.664.41$30,329
Nov 202565,61758.593.93$22,406
Oct 20251397,07259.383.30$31,626
Sep 20251367,41462.743.08$31,345
Aug 20251329,36663.933.01$36,675
Jul 20253711,24566.743.32$39,749
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 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 2024398,35184.451.66$17,150
Mar 20247513,38680.301.55$26,706
Feb 2024948,20276.091.78$21,782
Jan 2024447,64273.023.30$28,414
Dec 2023719,87271.262.61$30,832
Nov 2023849,34477.892.81$32,777
Oct 20231483,22785.443.09$22,608
Sep 2023354,21689.042.74$14,647
Aug 2023194,83880.522.67$14,461
Jul 2023284,17174.852.64$13,115
Jun 2023314,01468.962.26$11,203
May 2023404,62270.622.23$13,120
Apr 2023374,48878.122.24$12,934
Mar 2023354,61972.852.39$13,604
Feb 2023314,13275.112.47$12,517
Jan 2023504,63076.533.39$19,512
Dec 2022623,44776.415.73$24,486
Nov 2022343,50285.005.65$22,663
Oct 2022454,33487.185.86$29,337
Sep 2022414,15884.888.16$37,425
Aug 2022324,21894.529.13$41,523
Jul 2022314,123101.587.54$34,245
Jun 2022364,425115.097.98$39,442
May 2022344,243109.378.43$39,500
Apr 2022273,927104.226.84$29,665
Mar 20228311,817108.885.08$69,025
Feb 20226614,27391.054.86$75,360
Jan 202215910,08381.844.54$58,766
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20217179.795.71$564
Sep 2021836,44669.865.35$40,290
Aug 2021443,97666.024.22$19,686
Jul 2021628,54270.783.98$38,403
Jun 2021719,06969.493.38$35,593
May 20211129,53963.483.02$35,895
Apr 2021899,69960.362.76$32,126
Mar 202114510,09261.302.72$36,308
Feb 2021628,65657.805.55$51,607
Jan 2021769,23550.412.81$29,784
Dec 2020669,43844.642.68$28,197
Nov 2020568,44238.772.71$25,020
Oct 2020488,19736.972.48$22,090
Sep 2020336,37937.091.99$13,925
Aug 2020356,48239.982.39$16,860
Jul 2020386,55838.371.83$13,427
Jun 2020517,26434.901.69$14,058
May 2020487,18016.921.81$13,842
Apr 2020426,37214.751.80$12,117
Mar 2020566,85730.341.86$14,427
Feb 2020566,56949.881.98$15,804
Jan 2020756,67457.252.09$18,274
Dec 2019796,98559.012.30$20,758
Nov 20191335,72655.302.75$23,105
Oct 20198326,09953.472.42$59,238
Sep 20192096,10655.052.66$27,731
Aug 20196906,93253.112.30$52,620
Jul 2019326,84756.272.46$18,645
Jun 201916,93252.782.49$17,322
May 201906,59958.482.74$18,083
Apr 201907,25062.632.75$19,943
Mar 201907,67456.803.06$23,499
Feb 201907,08450.852.79$19,780
Jan 201937,75646.033.23$25,176
Dec 2018317,83446.594.19$34,233
Nov 2018717,54152.934.24$35,711
Oct 2018827,95961.443.40$32,083
Sep 2018877,77359.543.11$29,338
Aug 2018698,31959.403.07$29,609
Jul 2018558,36565.142.93$28,108
Jun 2018717,35260.183.08$26,894
May 2018758,66865.382.90$30,048
Apr 2018798,52463.842.90$29,770
Mar 20181109,01161.222.79$31,846
Feb 20181138,35561.782.77$30,092
Jan 20181119,70462.874.01$45,885
Dec 2017389,46257.272.92$29,820
Nov 2017458,60555.423.12$29,327
Oct 2017849,69849.292.98$33,076
Sep 2017889,07947.523.09$32,211
Aug 20177110,05145.373.00$33,418
Jul 20178710,01343.873.09$34,730
Jun 20177010,44442.493.09$35,218
May 20178210,45145.373.26$37,826
Apr 20178810,56147.933.21$38,136
Mar 20178911,57546.772.98$38,699
Feb 20177710,73250.452.95$35,572
Jan 201710712,05749.413.42$46,507
Dec 201615912,26248.763.72$53,402
Nov 20167312,27342.492.64$35,556
Oct 20168412,82546.193.09$43,513
Sep 20169012,71441.553.10$43,161
Aug 20168613,60241.442.92$43,341
Jul 20168314,45741.622.92$45,732
Jun 20169214,44045.352.69$42,956
May 201611915,05542.521.99$35,035
Apr 201613213,78836.561.99$32,278
Mar 201616018,21433.011.79$37,958
Feb 20161337,81626.472.06$19,650
Jan 201627213,23027.352.36$38,720
Dec 201532415,87832.362.00$42,263
Nov 201547016,38938.792.17$53,752
Oct 201545221,44643.552.43$71,725
Sep 201511410,44042.992.76$33,699
Aug 201524217,33840.162.87$59,522
Jul 201524817,96548.152.95$64,850
Jun 201521417,57756.152.88$62,688
May 201527618,04255.212.96$68,560
Apr 201531417,97149.822.71$64,283
Mar 201539219,56142.892.93$74,219
Feb 201534718,30344.662.98$69,970
Jan 201525418,41243.433.10$68,120
Dec 201426418,71254.693.59$81,640
Nov 201424219,96570.464.25$101,939
Oct 201440526,88078.303.90$136,569
Sep 201426511,43986.164.05$69,108
Aug 201421089.394.04$1,877
Jul 201414214,16596.564.18$72,916
Jun 201432221,79398.164.74$134,838
May 201441528,16794.734.73$172,446
Apr 201437225,81795.944.81$159,847
Mar 201439427,75495.895.06$178,127
Feb 201435925,87097.406.19$195,154
Jan 201449532,14890.404.86$201,010
Dec 201328733,48991.824.35$172,180
Nov 20139132,46088.853.74$129,430
Oct 20137231,35997.423.78$125,531
Sep 201311732,301104.113.72$132,268
Aug 20137241,985104.253.52$155,403
Jul 20138542,747102.523.72$167,636
Jun 20135142,75794.403.93$172,995
May 20139750,40494.834.15$218,329
Apr 20138553,67593.964.28$237,855
Mar 201311865,78393.623.91$268,447
Feb 201333832,41091.233.42$141,675
Jan 201337234,11791.603.42$150,752
Dec 201294050,96286.773.42$255,862
Nov 201285861,67686.953.62$298,176
Oct 20121,03376,72489.383.40$353,167
Sep 201292881,73694.672.92$326,392
Aug 20121,244106,69992.662.91$425,567
Jul 20121,467121,67485.133.02$492,439
Jun 20121,310147,86779.822.52$477,047
May 2012474111,95791.612.49$322,008

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            20 bbl  × $ 98.93 =     $1,979
Gas                1,657 Mcf  × $  2.87 =     $4,755

────────────────────────────────────────────────────
Month total                                   $6,734

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/269252 is the state's own key, not one this site invented.