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 270008District 01Field 12018200Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$20.1 M
Jul 2012 – May 2026
Value, last 12 filed months
$219 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
CondensateDisposition74,441 bbl$5,935,229
GasProduction4,084,663 Mcf$14,157,234
Total$20,092,462

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 202611110,50498.932.87$41,125
Mar 202614512,49689.753.15$52,369
Feb 202616412,56063.503.75$57,518
Jan 20261487,34559.138.00$67,496
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 20244079.932.15$320
Jun 20241392,76878.082.63$18,144
May 202403378.812.20$73
Apr 2024624684.451.66$915
Mar 2024816,76980.301.55$16,963
Feb 202491,65076.091.78$3,628
Jan 202412612,27373.023.30$49,673
Dec 2023836,61271.262.61$23,177
Nov 202313012,05677.892.81$43,974
Oct 20231085.443.09$85
Sep 2023465,42589.042.74$18,933
Aug 20237010,86380.522.67$34,672
Jul 202310314,43874.852.64$45,852
Jun 202311918,41068.962.26$49,785
May 202324826,10370.622.23$75,656
Apr 2023785,49878.122.24$18,397
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 202231176.415.73$292
Nov 2022284,95285.005.65$30,340
Oct 20228812,15287.185.86$78,928
Sep 20229911,31784.888.16$100,791
Aug 202211512,69094.529.13$126,693
Jul 202210413,119101.587.54$109,509
Jun 20227613,465115.097.98$116,160
May 20228811,299109.378.43$104,909
Apr 202213314,181104.226.84$110,825
Mar 202225615,991108.885.08$109,050
Feb 202220916,77691.054.86$100,541
Jan 202233617,25481.844.54$105,791
Dec 202101471.323.90$55
Nov 202102877.435.24$147
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20215066.024.22$330
Jul 2021677,80470.783.98$35,818
Jun 20219312,40369.493.38$48,392
May 2021698,36763.483.02$29,629
Apr 202110712,59960.362.76$41,212
Mar 202113116,23561.302.72$52,140
Feb 20219112,15457.805.55$72,690
Jan 202114115,97050.412.81$51,988
Dec 202012716,35644.642.68$49,429
Nov 202010416,42538.772.71$48,487
Oct 202010517,81636.972.48$48,038
Sep 202012419,13537.091.99$42,698
Aug 202015524,01239.982.39$63,468
Jul 202017319,14638.371.83$41,582
Jun 202005134.901.69$86
May 20201816.921.81$31
Apr 2020205,43314.751.80$10,098
Mar 202011414,48730.341.86$30,350
Feb 202011016,06449.881.98$37,304
Jan 20209815,24057.252.09$37,534
Dec 201913414,26559.012.30$40,779
Nov 201912611,41055.302.75$38,353
Oct 201914015,47753.472.42$44,918
Sep 201914217,73055.052.66$54,931
Aug 201915016,11953.112.30$45,110
Jul 201911312,73256.272.46$37,680
Jun 201917917,15352.782.49$52,179
May 201917418,34758.482.74$60,452
Apr 201920616,27262.632.75$57,661
Mar 201926317,50656.803.06$68,544
Feb 201922316,66850.852.79$57,880
Jan 201927018,89446.033.23$73,421
Dec 201828019,27846.594.19$93,732
Nov 201823720,10852.934.24$97,747
Oct 201822717,99061.443.40$75,078
Sep 201823220,21159.543.11$76,629
Aug 201825018,30159.403.07$70,971
Jul 201824721,34665.142.93$78,673
Jun 201827422,32560.183.08$85,182
May 201836725,93065.382.90$99,212
Apr 201843628,74363.842.90$111,212
Mar 201848329,64561.222.79$112,185
Feb 20183095161.782.77$4,484
Jan 20181061,21162.874.01$11,520
Dec 201736521,88557.272.92$84,841
Nov 201733021,59555.423.12$85,630
Oct 201730822,33949.292.98$81,834
Sep 201728521,46047.523.09$79,796
Aug 201726522,25545.373.00$78,886
Jul 201731622,12343.873.09$82,163
Jun 201723321,33642.493.09$75,770
May 201727722,37045.373.26$85,570
Apr 201730722,03547.933.21$85,482
Mar 201733222,82746.772.98$83,636
Feb 201733321,15050.452.95$79,247
Jan 201734223,69449.413.42$97,903
Dec 201636525,57048.763.72$112,990
Nov 201625822,60542.492.64$70,738
Oct 201633924,89146.193.09$92,578
Sep 201630424,67541.553.10$89,139
Aug 201635525,87341.442.92$90,373
Jul 201634526,51541.622.92$91,898
Jun 201631824,76545.352.69$80,936
May 201635126,09442.521.99$66,879
Apr 201634925,53936.561.99$63,609
Mar 201637827,14133.011.79$61,169
Feb 201640726,23126.472.06$64,904
Jan 201637128,39927.352.36$77,292
Dec 201529829,40132.362.00$68,487
Nov 201538229,20638.792.17$78,117
Oct 201537431,22143.552.43$92,048
Sep 201532130,64442.992.76$98,329
Aug 201540933,42940.162.87$112,450
Jul 201551934,02948.152.95$125,208
Jun 201544829,57856.152.88$110,424
May 201545533,17255.212.96$123,159
Apr 201548035,12349.822.71$118,976
Mar 201553438,19442.892.93$134,992
Feb 201549235,85244.662.98$128,675
Jan 201575240,47543.433.10$158,157
Dec 201477242,84854.693.59$196,103
Nov 201460040,89570.464.25$216,155
Oct 201483948,79978.303.90$256,057
Sep 201493856,15486.164.05$307,986
Aug 201451924,46189.394.04$145,096
Jul 201447330,00196.564.18$171,065
Jun 201497147,34698.164.74$319,586
May 20141,23254,54094.734.73$374,494
Apr 20141,14356,62395.944.81$381,966
Mar 20141,13463,23195.895.06$428,486
Feb 20141,08258,77597.406.19$469,322
Jan 20141,62768,95890.404.86$482,266
Dec 20131,09339,81191.824.35$273,715
Nov 20131,59552,66288.853.74$338,581
Oct 20131,75061,21997.423.78$401,854
Sep 20131,72455,809104.113.72$386,969
Aug 20132,02070,235104.253.52$457,996
Jul 20132,31769,968102.523.72$497,662
Jun 20131,48475,36894.403.93$436,543
May 20131,57280,77094.834.15$484,194
Apr 2013232093.964.28$2,247
Mar 201369134,84893.623.91$201,047
Feb 20131,77888,12991.233.42$463,600
Jan 20132,437119,23591.603.42$631,002
Dec 20123,069128,08386.773.42$704,361
Nov 20122,900147,66786.953.62$787,442
Oct 20124,605180,46389.383.40$1,025,111
Sep 20124,807164,09694.672.92$933,976
Aug 20123,735110,92792.662.91$668,679
Jul 20121,74461,41685.133.02$333,992

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           111 bbl  × $ 98.93 =    $10,981
Gas               10,504 Mcf  × $  2.87 =    $30,144

────────────────────────────────────────────────────
Month total                                  $41,125

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/270008 is the state's own key, not one this site invented.