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 270010District 01Field 12018200Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$21.2 M
Oct 2012 – May 2026
Value, last 12 filed months
$480 k
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
CondensateDisposition48,991 bbl$3,877,925
GasProduction4,999,049 Mcf$17,321,208
Total$21,199,132

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 2026129,88398.932.87$29,549
Mar 20261112,85889.753.15$41,483
Feb 2026314,15663.503.75$53,280
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 202542,85959.383.30$9,686
Sep 202598,73462.743.08$27,438
Aug 20252098,82663.933.01$39,970
Jul 20253,3368,69666.743.32$251,474
Jun 2025108,55166.483.13$27,418
May 2025138,90160.553.23$29,558
Apr 2025208,68462.363.54$32,016
Mar 2025258,86367.704.27$39,523
Feb 2025268,16070.884.34$37,264
Jan 2025388,68374.324.28$39,976
Dec 2024319,64468.993.12$32,241
Nov 2024319,09469.052.20$22,133
Oct 2024219,86871.372.28$24,012
Sep 202408,20169.612.36$19,390
Aug 202409,53375.632.06$19,673
Jul 202409,74079.932.15$20,908
Jun 202409,65278.082.63$25,423
May 2024010,06178.812.20$22,119
Apr 2024010,03484.451.66$16,648
Mar 2024010,38080.301.55$16,038
Feb 2024010,57676.091.78$18,864
Jan 2024010,72973.023.30$35,381
Dec 2023012,48371.262.61$32,590
Nov 2023812,72177.892.81$36,338
Oct 20239711,81785.443.09$44,770
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 202306974.852.64$182
Jun 2023028268.962.26$637
May 2023113770.622.23$376
Apr 2023145,75878.122.24$13,979
Mar 20233110,37472.852.39$27,085
Feb 2023227,57575.112.47$20,330
Jan 20234611,94376.533.39$43,980
Dec 20226211,41976.415.73$70,158
Nov 2022298285.005.65$5,715
Oct 2022139,50687.185.86$56,874
Sep 2022178,94984.888.16$74,500
Aug 20223011,72494.529.13$109,842
Jul 2022419,908101.587.54$78,892
Jun 202231,187115.097.98$9,814
May 20223310,269109.378.43$90,208
Apr 20223010,108104.226.84$72,241
Mar 20223610,681108.885.08$58,141
Feb 2022287,22691.054.86$37,659
Jan 2022326,09781.844.54$30,285
Dec 202104671.323.90$179
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20213069.865.35$210
Aug 2021359,90866.024.22$44,128
Jul 20212014,98770.783.98$61,095
Jun 2021014,87169.493.38$50,273
May 2021115,69463.483.02$47,423
Apr 20211315,05360.362.76$42,307
Mar 20217715,61861.302.72$47,153
Feb 20215313,81457.805.55$79,703
Jan 20217115,80850.412.81$48,004
Dec 20207116,01144.642.68$46,006
Nov 20205815,91038.772.71$45,310
Oct 20206316,92036.972.48$44,264
Sep 20205616,36837.091.99$34,666
Aug 20206416,83939.982.39$42,721
Jul 20205917,33738.371.83$33,906
Jun 20207516,44834.901.69$30,420
May 20206317,90916.921.81$33,566
Apr 202011417,97314.751.80$34,112
Mar 202011317,34630.341.86$35,627
Feb 202011317,04349.881.98$39,393
Jan 202013418,67357.252.09$46,787
Dec 201912517,99259.012.30$48,836
Nov 20197517,18455.302.75$51,416
Oct 20192319,33453.472.42$47,990
Sep 20197618,36955.052.66$52,995
Aug 20197219,52253.112.30$48,810
Jul 20195619,44356.272.46$50,982
Jun 20197319,43852.782.49$52,277
May 20198520,71958.482.74$61,747
Apr 201911721,29662.632.75$65,907
Mar 201913324,52056.803.06$82,637
Feb 20197811,54750.852.79$36,208
Jan 201915119,43846.033.23$69,700
Dec 201815020,64346.594.19$93,389
Nov 201811620,31352.934.24$92,211
Oct 201811021,50461.443.40$79,831
Sep 201810021,42159.543.11$72,530
Aug 201811222,56859.403.07$75,859
Jul 201810922,96465.142.93$74,428
Jun 201812923,19160.183.08$79,120
May 201815127,61665.382.90$89,981
Apr 201813820,97663.842.90$69,657
Mar 2018749,50161.222.79$31,008
Feb 201811223,02461.782.77$70,607
Jan 201812524,88562.874.01$107,631
Dec 201713226,79257.272.92$85,833
Nov 201711626,60955.423.12$89,405
Oct 20179327,79949.292.98$87,527
Sep 201710826,89147.523.09$88,152
Aug 201713328,82045.373.00$92,621
Jul 201717329,05543.873.09$97,290
Jun 201713628,90142.493.09$95,004
May 201716530,61145.373.26$107,382
Apr 201718730,71847.933.21$107,617
Mar 201721033,40146.772.98$109,480
Feb 201716733,74450.452.95$108,058
Jan 201710016,08349.413.42$59,926
Dec 201618529,12648.763.72$117,452
Nov 201614933,04342.492.64$93,708
Oct 201616336,75946.193.09$121,124
Sep 201616937,15541.553.10$122,226
Aug 201624541,53241.442.92$131,606
Jul 201630049,91141.622.92$158,443
Jun 201616045.352.69$726
May 201614021,06042.521.99$47,884
Apr 201619335,99936.561.99$78,732
Mar 201621339,20933.011.79$77,372
Feb 201625735,41126.472.06$79,878
Jan 201624239,48827.352.36$99,983
Dec 201520641,63432.362.00$89,993
Nov 201526941,68038.792.17$100,769
Oct 201525845,36843.552.43$121,325
Sep 201521744,47142.992.76$131,999
Aug 201527548,93940.162.87$151,621
Jul 201535752,56748.152.95$172,004
Jun 201530743,78556.152.88$143,464
May 201531545,02755.212.96$150,466
Apr 201535848,53549.822.71$149,199
Mar 201540452,16742.892.93$170,423
Feb 201535148,88644.662.98$161,170
Jan 201545656,61143.433.10$195,334
Dec 201446360,30754.693.59$241,906
Nov 201435160,44870.464.25$281,747
Oct 201453662,61178.303.90$286,212
Sep 201458359,06686.164.05$289,179
Aug 201463463,61389.394.04$313,359
Jul 201460766,47896.564.18$336,463
Jun 201482765,88498.164.74$393,263
May 20141,02271,52494.734.73$434,877
Apr 201470973,30895.944.81$420,568
Mar 201423875,95595.895.06$406,911
Feb 201428042,86697.406.19$292,698
Jan 201430174,58590.404.86$389,747
Dec 201371776,62191.824.35$399,480
Nov 201388979,07788.853.74$374,600
Oct 201393888,63297.423.78$426,352
Sep 20131,11988,476104.113.72$445,430
Aug 20131,20799,588104.253.52$476,639
Jul 20131,45499,225102.523.72$517,957
Jun 20131,119107,36294.403.93$527,932
May 20131,640123,23194.834.15$666,816
Apr 20131,976135,08093.964.28$764,157
Mar 201383145,89493.623.91$257,375
Feb 20131,584126,50691.233.42$577,147
Jan 20132,490159,89491.603.42$774,907
Dec 20122,576152,38286.773.42$744,690
Nov 20124,041150,56886.953.62$897,168
Oct 20124,003167,51689.383.40$927,289

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            12 bbl  × $ 98.93 =     $1,187
Gas                9,883 Mcf  × $  2.87 =    $28,361

────────────────────────────────────────────────────
Month total                                  $29,549

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/270010 is the state's own key, not one this site invented.