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 269620District 01Field 12018200Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$10.9 M
Sep 2012 – May 2026
Value, last 12 filed months
$270 k
at the published price for each month
Months reported
165
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
CondensateDisposition25,058 bbl$2,056,763
GasProduction2,433,350 Mcf$8,822,807
Total$10,879,570

Every month this lease reported (165)

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

165 months

May 202600106.413.05$0
Apr 20261098.932.87$99
Mar 2026142,81889.753.15$10,132
Feb 2026194,13363.503.75$16,707
Jan 2026756,24559.138.00$54,382
Dec 20255896,34156.664.41$61,358
Nov 20252215,24758.593.93$33,550
Oct 2025213,91259.383.30$14,176
Sep 2025315,41462.743.08$18,603
Aug 2025305,54463.933.01$18,632
Jul 2025286,23066.743.32$22,522
Jun 2025305,56966.483.13$19,418
May 202576,74060.553.23$22,210
Apr 2025327,16362.363.54$27,375
Mar 2025475,82467.704.27$28,041
Feb 2025344,32770.884.34$21,193
Jan 2025394,52574.324.28$22,260
Dec 2024334,78168.993.12$17,200
Nov 2024325,28669.052.20$13,831
Oct 2024396,87471.372.28$18,466
Sep 2024354,39769.612.36$12,832
Aug 2024275,68775.632.06$13,778
Jul 2024326,15479.932.15$15,768
Jun 2024336,65078.082.63$20,093
May 2024366,97778.812.20$18,176
Apr 2024366,93484.451.66$14,545
Mar 2024467,46080.301.55$15,220
Feb 2024365,54976.091.78$12,637
Jan 2024496,87273.023.30$26,240
Dec 2023557,08671.262.61$22,419
Nov 2023526,68277.892.81$22,810
Oct 2023507,66785.443.09$27,942
Sep 2023437,26689.042.74$23,702
Aug 2023428,04880.522.67$24,893
Jul 2023587,89774.852.64$25,204
Jun 2023528,63868.962.26$23,095
May 2023729,29470.622.23$25,786
Apr 2023867,98878.122.24$24,594
Mar 202310411,10972.852.39$34,162
Feb 20231149,99275.112.47$33,200
Jan 20230076.533.39$0
Dec 2022725876.415.73$2,013
Nov 2022557,24685.005.65$45,587
Oct 2022757,13387.185.86$48,365
Sep 2022747,85984.888.16$70,439
Aug 2022407,83294.529.13$75,265
Jul 2022357,683101.587.54$61,501
Jun 2022488,347115.097.98$72,110
May 2022428,771109.378.43$78,560
Apr 2022497,917104.226.84$59,240
Mar 2022578,790108.885.08$50,828
Feb 2022818,76691.054.86$49,968
Jan 20229010,23781.844.54$53,818
Dec 20211511,66571.323.90$46,553
Nov 202191,27377.435.24$7,363
Oct 2021199,14279.795.71$53,752
Sep 2021148,22169.865.35$44,968
Aug 2021438,52766.024.22$38,828
Jul 2021509,35170.783.98$40,775
Jun 2021498,08869.493.38$30,747
May 2021569,28963.483.02$31,586
Apr 2021669,57060.362.76$30,382
Mar 2021669,40761.302.72$29,604
Feb 2021568,45457.805.55$50,139
Jan 2021699,92850.412.81$31,379
Dec 2020649,62744.642.68$28,614
Nov 20205410,24038.772.71$29,809
Oct 20204710,57036.972.48$27,935
Sep 20202210,76837.091.99$22,256
Aug 20203611,52339.982.39$28,923
Jul 20204211,71038.371.83$22,984
Jun 20206411,86334.901.69$22,286
May 20204812,53416.921.81$23,558
Apr 20205612,78014.751.80$23,886
Mar 20206414,26430.341.86$28,419
Feb 20208713,94449.881.98$31,958
Jan 20209213,08957.252.09$32,685
Dec 20197810,26559.012.30$28,257
Nov 20198111,32555.302.75$35,631
Oct 20191914,15353.472.42$35,246
Sep 20193014,94655.052.66$41,367
Aug 20193114,89953.112.30$35,979
Jul 20192415,33056.272.46$39,063
Jun 20192216,03152.782.49$41,098
May 20193517,55158.482.74$50,142
Apr 20196818,02162.632.75$53,829
Mar 20196420,12456.803.06$65,257
Feb 20192619,24150.852.79$55,047
Jan 201914424,06346.033.23$84,308
Dec 201826627,99146.594.19$129,548
Nov 201841035,52752.934.24$172,238
Oct 201883744,81361.443.40$203,703
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
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 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20151040.162.87$40
Jul 20152589348.152.95$3,834
Jun 201513116,18456.152.88$54,012
May 201516917,16155.212.96$60,049
Apr 201516816,77549.822.71$53,772
Mar 201517718,62842.892.93$62,259
Feb 201514716,96144.662.98$57,044
Jan 201520619,75943.433.10$70,212
Dec 201422220,72354.693.59$86,565
Nov 201417619,31370.464.25$94,517
Oct 201417720,53278.303.90$93,954
Sep 201420921,81786.164.05$106,267
Aug 201421524,10289.394.04$116,473
Jul 201417721,62396.564.18$107,467
Jun 201425923,09598.164.74$134,822
May 201438525,73594.734.73$158,109
Apr 201431727,74595.944.81$163,842
Mar 201434028,28395.895.06$175,624
Feb 201428126,13097.406.19$189,166
Jan 201442529,85390.404.86$183,527
Dec 201340832,86891.824.35$180,586
Nov 201343435,01488.853.74$169,453
Oct 201347639,46697.423.78$195,528
Sep 201345439,729104.113.72$194,968
Aug 201341046,055104.253.52$204,976
Jul 201346546,590102.523.72$220,881
Jun 201335151,29494.403.93$234,895
May 201345062,71294.834.15$302,871
Apr 201347872,59993.964.28$355,825
Mar 201363689,59093.623.91$410,096
Feb 201376663,06091.233.42$285,542
Jan 20131,19397,76791.603.42$443,633
Dec 20121,811115,50586.773.42$552,186
Nov 20122,344145,72186.953.62$732,044
Oct 20123,501171,43389.383.40$895,737
Sep 201231842,36994.672.92$153,755

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             1 bbl  × $ 98.93 =        $99
Gas                    0 Mcf  × $  2.87 =         $0

────────────────────────────────────────────────────
Month total                                      $99

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/269620 is the state's own key, not one this site invented.