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 269604District 01Field 12018200Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$12.5 M
Jul 2012 – May 2026
Value, last 12 filed months
$188 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
CondensateDisposition49,479 bbl$4,020,272
GasProduction2,464,531 Mcf$8,467,376
Total$12,487,649

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 2026323,10098.932.87$12,062
Mar 2026373,28689.753.15$13,670
Feb 2026403,19863.503.75$14,534
Jan 2026584,16959.138.00$36,773
Dec 2025544,35056.664.41$22,258
Nov 2025554,79858.593.93$22,062
Oct 2025151,36559.383.30$5,402
Sep 2025434,04362.743.08$15,138
Aug 2025444,01963.933.01$14,929
Jul 2025444,06066.743.32$16,396
Jun 2025393,76766.483.13$14,379
May 2025474,12760.553.23$16,186
Apr 2025483,81762.363.54$16,517
Mar 2025373,76267.704.27$18,562
Feb 2025593,93470.884.34$21,259
Jan 2025814,88874.324.28$26,934
Dec 2024612,23268.993.12$11,175
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 20241084.451.66$84
Mar 2024214,15580.301.55$8,106
Feb 2024213,60776.091.78$8,031
Jan 2024182,82373.023.30$10,624
Dec 202352,29671.262.61$6,351
Nov 2023293,74377.892.81$12,768
Oct 2023364,93785.443.09$18,318
Sep 2023264,98889.042.74$15,957
Aug 2023244,74380.522.67$14,610
Jul 2023376,49874.852.64$19,936
Jun 2023405,98868.962.26$16,282
May 2023788,32870.622.23$24,058
Apr 2023433,31178.122.24$10,768
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20223076.415.73$229
Nov 2022222,46785.005.65$15,799
Oct 2022445,61487.185.86$36,755
Sep 2022324,22884.888.16$37,232
Aug 2022334,40194.529.13$43,288
Jul 2022395,296101.587.54$43,904
Jun 2022334,517115.097.98$39,831
May 2022364,671109.378.43$43,328
Apr 2022224,415104.226.84$32,481
Mar 2022134,828108.885.08$25,924
Feb 2022374,29591.054.86$24,238
Jan 2022645,77681.844.54$31,447
Dec 2021626,73071.323.90$30,663
Nov 2021727,90777.435.24$46,983
Oct 2021567,18179.795.71$45,500
Sep 2021323,79369.865.35$22,532
Aug 2021274,15066.024.22$19,298
Jul 2021547,10970.783.98$32,131
Jun 2021526,35669.493.38$25,101
May 2021536,25863.483.02$22,249
Apr 2021636,55360.362.76$21,879
Mar 2021797,73661.302.72$25,861
Feb 2021484,97457.805.55$30,370
Jan 2021757,04050.412.81$23,565
Dec 2020677,19644.642.68$22,243
Nov 2020647,32438.772.71$22,304
Oct 2020706,68936.972.48$19,166
Sep 2020597,35837.091.99$16,838
Aug 2020737,68439.982.39$21,246
Jul 2020599,20538.371.83$19,064
Jun 2020667,34434.901.69$14,717
May 2020457,87616.921.81$15,054
Apr 2020748,36114.751.80$16,178
Mar 2020588,01530.341.86$16,637
Feb 2020148,03749.881.98$16,617
Jan 20201007,88257.252.09$22,236
Dec 20191228,37159.012.30$26,489
Nov 20191148,37555.302.75$29,341
Oct 20191038,80753.472.42$26,807
Sep 2019118,76455.052.66$23,894
Aug 201907,83453.112.30$18,052
Jul 201908,65656.272.46$21,294
Jun 201908,41752.782.49$20,968
May 201908,76758.482.74$24,024
Apr 201908,73762.632.75$24,033
Mar 201959,61356.803.06$29,720
Feb 2019359,04550.852.79$27,035
Jan 2019919,51546.033.23$34,905
Dec 2018010,36946.594.19$43,399
Nov 2018159,93752.934.24$42,899
Oct 20188410,80561.443.40$41,877
Sep 201815010,97959.543.11$43,054
Aug 201817712,43659.403.07$48,650
Jul 201816714,19465.142.93$52,493
Jun 20187714,10460.183.08$48,031
May 2018111,70265.382.90$34,011
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170455.423.12$12
Oct 20174049.292.98$197
Sep 2017281,33247.523.09$5,443
Aug 2017695,44145.373.00$19,477
Jul 201715411,44043.873.09$42,074
Jun 201711510,78742.493.09$38,189
May 201714012,16045.373.26$46,035
Apr 201715812,07647.933.21$46,356
Mar 201716712,70146.772.98$45,706
Feb 201716011,78250.452.95$42,860
Jan 201717413,66749.413.42$55,322
Dec 201618912,70748.763.72$56,522
Nov 201614810,53542.492.64$34,147
Oct 201617813,70846.193.09$50,583
Sep 201617413,66541.553.10$49,600
Aug 201621214,25741.442.92$50,478
Jul 201620814,58541.622.92$51,308
Jun 201621614,76645.352.69$49,455
May 201624015,86142.521.99$41,785
Apr 201624315,61436.561.99$39,972
Mar 201626316,30633.011.79$37,935
Feb 201626714,79326.472.06$37,595
Jan 201625115,99127.352.36$44,673
Dec 201521116,76832.362.00$40,388
Nov 201527716,65838.792.17$46,848
Oct 201526518,01443.552.43$55,253
Sep 201522518,08942.992.76$59,570
Aug 201528419,60940.162.87$67,732
Jul 201531820,22748.152.95$74,882
Jun 201527319,12256.152.88$70,455
May 201526220,18155.212.96$74,109
Apr 201528320,99449.822.71$70,921
Mar 201531522,79842.892.93$80,416
Feb 201529821,66644.662.98$77,791
Jan 201541824,91143.433.10$95,394
Dec 201446324,79654.693.59$114,373
Nov 201445329,64070.464.25$157,943
Oct 201458331,68278.303.90$169,239
Sep 201447229,91786.164.05$161,695
Aug 201427814,18489.394.04$82,085
Jul 201430218,48096.564.18$106,400
Jun 201461129,26798.164.74$198,610
May 201485532,17894.734.73$233,085
Apr 201474532,97695.944.81$230,061
Mar 201461936,15895.895.06$242,200
Feb 201456831,74197.406.19$251,863
Jan 201487237,56790.404.86$261,431
Dec 201345716,52891.824.35$113,933
Nov 201382930,99488.853.74$189,521
Oct 201397334,66297.423.78$225,790
Sep 2013112,256104.113.72$45,669
Aug 201320104.253.52$209
Jul 201312011102.523.72$12,343
Jun 201350130,71094.403.93$168,089
May 201349028,25794.834.15$163,707
Apr 201334115,89893.964.28$100,125
Mar 201379330,43193.623.91$193,313
Feb 20132,05579,88991.233.42$460,691
Jan 20132,447102,48291.603.42$574,624
Dec 20123,761107,95186.773.42$695,552
Nov 20122,228129,34786.953.62$662,602
Oct 20125,371154,84989.383.40$1,006,497
Sep 20125,274152,99094.672.92$945,776
Aug 20124,098106,93292.662.91$690,696
Jul 20121,60541,51885.133.02$262,051

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            32 bbl  × $ 98.93 =     $3,166
Gas                3,100 Mcf  × $  2.87 =     $8,896

────────────────────────────────────────────────────
Month total                                  $12,062

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/269604 is the state's own key, not one this site invented.