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 269554District 01Field 12018200Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$13.0 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
CondensateDisposition52,127 bbl$4,140,154
GasProduction2,626,358 Mcf$8,889,186
Total$13,029,341

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 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 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
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 202104171.323.90$160
Nov 20210177.435.24$5
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20213066.024.22$198
Jul 2021375,88870.783.98$26,065
Jun 2021446,08769.493.38$23,635
May 2021679,05763.483.02$31,584
Apr 2021253,89860.362.76$12,261
Mar 2021748,12961.302.72$26,622
Feb 2021577,32457.805.55$43,928
Jan 2021488,58050.412.81$26,532
Dec 2020626,94044.642.68$21,335
Nov 2020727,48838.772.71$23,058
Oct 2020829,28936.972.48$26,054
Sep 2020729,57837.091.99$21,741
Aug 2020456,80939.982.39$18,039
Jul 2020608,62238.371.83$18,038
Jun 2020878,89434.901.69$18,070
May 2020609,17716.921.81$17,669
Apr 2020819,40414.751.80$18,163
Mar 2020909,80930.341.86$20,938
Feb 20209810,38449.881.98$25,456
Jan 20201499,30857.252.09$28,028
Dec 20191238,36759.012.30$26,539
Nov 2019997,50955.302.75$26,130
Oct 20191438,75553.472.42$28,821
Sep 20191098,63855.052.66$28,954
Aug 20191109,42853.112.30$27,568
Jul 2019929,43856.272.46$28,395
Jun 20191159,34052.782.49$29,338
May 20191129,75658.482.74$33,284
Apr 20191239,76062.632.75$34,550
Mar 20191389,83056.803.06$37,939
Feb 20191299,15850.852.79$32,131
Jan 201916610,01846.033.23$39,981
Dec 201817810,58746.594.19$52,604
Nov 201814610,49452.934.24$52,193
Oct 201815110,96461.443.40$46,534
Sep 201814210,71059.543.11$41,741
Aug 201817511,24459.403.07$44,875
Jul 201817711,93865.142.93$46,531
Jun 201811711,20060.183.08$41,503
May 201819612,29065.382.90$48,465
Apr 201822511,72863.842.90$48,385
Mar 201818011,86361.222.79$44,080
Feb 201817710,73361.782.77$40,624
Jan 201821211,45162.874.01$59,239
Dec 201720811,31657.272.92$44,972
Nov 201723211,52155.423.12$48,784
Oct 201729814,07349.292.98$56,678
Sep 201733914,45647.523.09$60,739
Aug 201732719,62045.373.00$73,782
Jul 20171144,14843.873.09$17,807
Jun 20171057,99842.493.09$29,154
May 201717514,71845.373.26$55,970
Apr 201719114,20547.933.21$54,775
Mar 201720814,76946.772.98$53,794
Feb 201720213,76850.452.95$50,842
Jan 201722516,07849.413.42$66,085
Dec 201623414,46848.763.72$65,272
Nov 201617414,66642.492.64$46,175
Oct 201623616,89246.193.09$63,102
Sep 201621817,20041.553.10$62,389
Aug 201624417,13741.442.92$60,226
Jul 201625617,55141.622.92$61,980
Jun 201627017,87945.352.69$60,264
May 201630519,30942.521.99$51,414
Apr 201629218,49236.561.99$47,494
Mar 201630420,60033.011.79$46,992
Feb 201636720,03226.472.06$51,053
Jan 201632420,97327.352.36$58,449
Dec 201527320,83232.362.00$50,528
Nov 201535421,00838.792.17$59,263
Oct 201529122,36243.552.43$66,936
Sep 201522721,64742.992.76$69,470
Aug 201534224,01440.162.87$82,715
Jul 201538325,13448.152.95$92,463
Jun 201526020,14256.152.88$72,666
May 201530024,32855.212.96$88,463
Apr 201531027,04849.822.71$88,652
Mar 201534029,44542.892.93$100,995
Feb 201532527,92644.662.98$97,628
Jan 201547031,91743.433.10$119,375
Dec 201453832,59354.693.59$146,476
Nov 201446231,89070.464.25$168,144
Oct 201458235,90978.303.90$185,650
Sep 201466043,38086.164.05$232,357
Aug 201443723,46489.394.04$133,743
Jul 201434024,00496.564.18$133,158
Jun 201472637,08198.164.74$246,912
May 201495840,08794.734.73$280,225
Apr 201489540,20595.944.81$279,217
Mar 201493644,61995.895.06$315,382
Feb 201479240,39397.406.19$327,254
Jan 20141,25944,49990.404.86$330,111
Dec 201361727,01891.824.35$174,302
Nov 20131,06939,70488.853.74$243,405
Oct 20131,19444,57797.423.78$284,792
Sep 201375043,752104.113.72$240,741
Aug 20131,35249,250104.253.52$314,435
Jul 20131,61151,219102.523.72$355,579
Jun 20131,12361,71394.403.93$348,754
May 20131,28579,46294.834.15$451,551
Apr 2013161993.964.28$1,585
Mar 201354722,05093.623.91$137,489
Feb 20131,43559,51691.233.42$334,454
Jan 20131,86373,59791.603.42$422,346
Dec 20122,18574,50686.773.42$444,415
Nov 20121,81591,62986.953.62$489,966
Oct 20123,484117,60389.383.40$711,212
Sep 20123,742119,74994.672.92$703,731
Aug 20123,097103,84592.662.91$588,966
Jul 20121,78661,44785.133.02$337,661

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.

Dec 2021 — as filed, then multipliedworked
Condensate             0 bbl  × $ 71.32 =         $0
Gas                   41 Mcf  × $  3.90 =       $160

────────────────────────────────────────────────────
Month total                                     $160

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/269554 is the state's own key, not one this site invented.