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 270009District 01Field 12018200Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$18.8 M
Oct 2012 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
164
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
CondensateDisposition49,664 bbl$4,019,379
GasProduction4,265,957 Mcf$14,792,209
Total$18,811,588

Every month this lease reported (164)

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

164 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 202210104.226.84$104
Mar 20225379108.885.08$2,468
Feb 20220091.054.86$0
Jan 202206481.844.54$290
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20212069.865.35$140
Aug 2021206,60166.024.22$29,181
Jul 20213411,48070.783.98$48,121
Jun 20213411,31869.493.38$40,625
May 20214413,23863.483.02$42,741
Apr 20214611,75960.362.76$35,213
Mar 20214913,02661.302.72$38,395
Feb 2021278,65157.805.55$49,556
Jan 20214212,38750.412.81$36,928
Dec 20201012,49644.642.68$33,879
Nov 20204012,03438.772.71$34,122
Oct 20204312,20936.972.48$31,849
Sep 20203611,86437.091.99$24,957
Aug 20203212,59739.982.39$31,324
Jul 20203411,42238.371.83$22,151
Jun 20205613,16034.901.69$24,199
May 20203714,12716.921.81$26,263
Apr 20207014,26114.751.80$26,765
Mar 2020809,79030.341.86$20,600
Feb 2020799,83649.881.98$23,422
Jan 20208911,53557.252.09$29,258
Dec 20198912,19659.012.30$33,356
Nov 20197211,74955.302.75$36,300
Oct 20197512,18353.472.42$33,475
Sep 20195410,96255.052.66$32,102
Aug 20198813,97053.112.30$36,866
Jul 20197713,08856.272.46$36,530
Jun 20199713,25952.782.49$38,150
May 201910013,89458.482.74$43,922
Apr 201912214,17462.632.75$46,629
Mar 201911914,88356.803.06$52,332
Feb 20198612,70950.852.79$39,859
Jan 201913714,80246.033.23$54,090
Dec 201814315,76546.594.19$72,646
Nov 20189015,53752.934.24$70,598
Oct 20181716,54161.443.40$57,252
Sep 20186012,97359.543.11$43,892
Aug 201811318,38659.403.07$63,094
Jul 20188818,69165.142.93$60,532
Jun 201812118,28960.183.08$63,556
May 201813619,90065.382.90$66,618
Apr 201815220,13163.842.90$68,100
Mar 201817117,93761.222.79$60,456
Feb 201813521,80461.782.77$68,653
Jan 2018989,86962.874.01$45,729
Dec 201715621,06057.272.92$70,461
Nov 201714720,14955.423.12$70,979
Oct 201714821,98249.292.98$72,882
Sep 201715022,80547.523.09$77,533
Aug 201713825,03745.373.00$81,482
Jul 201716825,95343.873.09$87,494
Jun 201714027,23042.493.09$90,015
May 201717529,78045.373.26$105,124
Apr 201720331,21147.933.21$109,967
Mar 201725631,46946.772.98$105,867
Feb 201732228,42550.452.95$100,173
Jan 201719714,70649.413.42$60,011
Dec 201623432,92648.763.72$133,988
Nov 201617733,27342.492.64$95,506
Oct 201622336,97846.193.09$124,572
Sep 201621633,59441.553.10$113,137
Aug 201637440,36641.442.92$133,542
Jul 201639545,21041.622.92$148,649
Jun 201616045.352.69$726
May 201614720,58942.521.99$47,244
Apr 201622735,79736.561.99$79,572
Mar 201624938,23633.011.79$76,815
Feb 201629234,92126.472.06$79,793
Jan 201627338,46827.352.36$98,419
Dec 201522340,07132.362.00$87,415
Nov 201528939,88638.792.17$97,656
Oct 201526543,54543.552.43$117,206
Sep 201521742,58742.992.76$126,802
Aug 201530045,31040.162.87$142,201
Jul 201536847,57748.152.95$157,837
Jun 201530738,52656.152.88$128,303
May 201534443,45255.212.96$147,412
Apr 201538546,16249.822.71$144,121
Mar 201544451,12342.892.93$169,074
Feb 201537046,44144.662.98$154,741
Jan 201549753,91743.433.10$188,761
Dec 201448755,28754.693.59$225,190
Nov 201431755,33870.464.25$257,624
Oct 201439259,53678.303.90$262,941
Sep 201450056,42686.164.05$271,348
Aug 201464354,96289.394.04$279,256
Jul 201462556,86896.564.18$298,035
Jun 201466357,82798.164.74$339,000
May 201497262,51694.734.73$387,563
Apr 201487365,51795.944.81$398,835
Mar 201463871,63095.895.06$423,396
Feb 201483550,59897.406.19$394,632
Jan 20141,38578,12490.404.86$504,943
Dec 20131,31778,29491.824.35$461,857
Nov 20131,29379,78388.853.74$413,134
Oct 20131,48289,63797.423.78$483,147
Sep 20131,46487,823104.113.72$478,920
Aug 20131,48299,627104.253.52$505,446
Jul 20131,809100,128102.523.72$557,709
Jun 20131,463107,95894.403.93$562,750
May 20131,896124,76394.834.15$697,449
Apr 20131,642137,49993.964.28$743,134
Mar 201372947,68193.623.91$254,819
Feb 20131,595133,02791.233.42$600,452
Jan 20132,343167,38691.603.42$787,064
Dec 20122,539148,69886.773.42$728,880
Nov 20123,563142,87886.953.62$827,730
Oct 20124,335169,45889.383.40$963,565

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 2022 — as filed, then multipliedworked
Condensate             1 bbl  × $104.22 =       $104
Gas                    0 Mcf  × $  6.84 =         $0

────────────────────────────────────────────────────
Month total                                     $104

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/270009 is the state's own key, not one this site invented.