GALVAN RANCH LP

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 270011District 01Field 12018200Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$9.6 M
Oct 2012 – May 2026
Value, last 12 filed months
$70 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
CondensateDisposition37,592 bbl$2,693,703
GasProduction2,040,350 Mcf$6,905,708
Total$9,599,411

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 2026411,19198.932.87$7,474
Mar 2026201,05989.753.15$5,130
Feb 2026271,07763.503.75$5,754
Jan 2026361,27259.138.00$12,302
Dec 2025301,12356.664.41$6,656
Nov 2025311,33958.593.93$7,074
Oct 2025191,27159.383.30$5,329
Sep 2025391,25162.743.08$6,296
Aug 2025291,08163.933.01$5,113
Jul 2025271,21766.743.32$5,837
Jun 202501,01366.483.13$3,169
May 202501,25960.553.23$4,069
Apr 2025098762.363.54$3,497
Mar 202531,07167.704.27$4,774
Feb 20253999870.884.34$7,096
Jan 2025441,00174.324.28$7,553
Dec 20241301,19168.993.12$12,686
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 202405069.612.36$118
Aug 202412275.632.06$121
Jul 2024111,56879.932.15$4,245
Jun 2024381,68278.082.63$7,397
May 2024332,02178.812.20$7,044
Apr 2024092584.451.66$1,535
Mar 20242080.301.55$161
Feb 20241168976.091.78$2,066
Jan 2024454473.023.30$2,086
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 2023628289.042.74$1,306
Aug 2023161,19980.522.67$4,493
Jul 2023252,96474.852.64$9,702
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 20236076.533.39$459
Dec 2022562,37976.415.73$17,908
Nov 2022411,55185.005.65$12,242
Oct 2022452,42287.185.86$18,125
Sep 2022432,88684.888.16$27,210
Aug 20222510,70194.529.13$100,033
Jul 2022055101.587.54$415
Jun 202200115.097.98$0
May 2022186109.378.43$835
Apr 2022141,015104.226.84$8,399
Mar 202211703108.885.08$4,766
Feb 20221393591.054.86$5,727
Jan 2022191,25281.844.54$7,236
Dec 2021565871.323.90$2,922
Nov 2021231,76177.435.24$11,003
Oct 2021161,44879.795.71$9,550
Sep 2021171,30569.865.35$8,171
Aug 2021272,53666.024.22$12,486
Jul 2021201,48270.783.98$7,317
Jun 2021433,90369.493.38$16,183
May 2021493,26663.483.02$12,966
Apr 2021593,68560.362.76$13,726
Mar 2021724,58261.302.72$16,863
Feb 2021695,53857.805.55$34,713
Jan 2021995,91050.412.81$21,599
Dec 2020856,08244.642.68$20,067
Nov 2020795,81238.772.71$18,793
Oct 2020816,03436.972.48$17,949
Sep 2020765,72237.091.99$14,212
Aug 2020786,52239.982.39$18,674
Jul 2020606,31438.371.83$13,826
Jun 2020906,56734.901.69$14,241
May 2020646,86416.921.81$13,539
Apr 2020956,64614.751.80$13,393
Mar 20201017,00930.341.86$16,075
Feb 2020916,62149.881.98$17,653
Jan 2020957,02557.252.09$20,154
Dec 2019877,07759.012.30$21,442
Nov 2019796,92855.302.75$23,426
Oct 2019797,22953.472.42$21,708
Sep 2019707,11055.052.66$22,747
Aug 2019807,46953.112.30$21,460
Jul 2019707,67956.272.46$22,830
Jun 2019857,79152.782.49$23,895
May 2019768,57758.482.74$27,948
Apr 2019455,27962.632.75$17,339
Mar 201964856.803.06$488
Feb 201939050.852.79$1,983
Jan 201919511,58046.033.23$46,358
Dec 201818812,39946.594.19$60,654
Nov 201815112,15852.934.24$59,509
Oct 201814412,85161.443.40$52,516
Sep 201814312,33559.543.11$46,851
Aug 201817013,17059.403.07$50,485
Jul 201816613,16465.142.93$49,409
Jun 201816612,58860.183.08$48,722
May 201818713,76965.382.90$52,167
Apr 201819913,69463.842.90$52,428
Mar 201822714,25961.222.79$53,634
Feb 201819513,01461.782.77$48,045
Jan 201825414,61862.874.01$74,577
Dec 201723514,71057.272.92$56,434
Nov 201721414,06855.423.12$55,729
Oct 201720714,52749.292.98$53,547
Sep 201718914,54047.523.09$53,870
Aug 201715215,46245.373.00$53,350
Jul 201717915,50243.873.09$55,712
Jun 201714715,83242.493.09$55,124
May 201717415,94445.373.26$59,926
Apr 201720415,76647.933.21$60,412
Mar 201722216,39446.772.98$59,297
Feb 201721815,45650.452.95$56,633
Jan 201723018,04249.413.42$73,046
Dec 201624419,05748.763.72$82,843
Nov 201618819,41542.492.64$59,328
Oct 201623721,60846.193.09$77,721
Sep 201626822,80841.553.10$81,855
Aug 201625511,80741.442.92$45,095
Jul 201622911,94441.622.92$44,459
Jun 201633918,87645.352.69$66,071
May 201641821,00642.521.99$59,597
Apr 201643120,23036.561.99$56,036
Mar 201642122,49933.011.79$54,261
Feb 201644018,36126.472.06$49,537
Jan 201627013,16227.352.36$38,504
Dec 201533022,20032.362.00$55,110
Nov 201542121,90338.792.17$63,802
Oct 201538123,93843.552.43$74,680
Sep 201531824,22142.992.76$80,483
Aug 201538824,41440.162.87$85,711
Jul 201546225,35348.152.95$96,912
Jun 201538025,51256.152.88$94,885
May 201551027,21055.212.96$108,575
Apr 201558030,98649.822.71$112,761
Mar 201555324,84642.892.93$96,634
Feb 201543419,88144.662.98$78,552
Jan 201555822,77243.433.10$94,841
Dec 201455916,74654.693.59$90,713
Nov 201468624,11470.464.25$150,864
Oct 201456515,67478.303.90$105,383
Sep 20142397,19586.164.05$49,699
Aug 201459223,43589.394.04$147,482
Jul 201456324,85396.564.18$158,239
Jun 201456224,57998.164.74$171,594
May 201475428,11094.734.73$204,290
Apr 20141,19233,59595.944.81$275,923
Mar 201419095.895.06$1,822
Feb 201442014,44797.406.19$130,364
Jan 201471024,47290.404.86$183,136
Dec 201362732,62191.824.35$199,619
Nov 201377031,94988.853.74$187,849
Oct 201350330,81697.423.78$165,467
Sep 201344333,450104.113.72$170,479
Aug 201369332,005104.253.52$184,986
Jul 20131,03236,065102.523.72$239,881
Jun 201348246,28794.403.93$227,567
May 201342035,38994.834.15$186,660
Apr 201357134,42593.964.28$201,079
Mar 20131,08747,55493.623.91$287,838
Feb 201389550,15191.233.42$253,163
Jan 20131,37660,82591.603.42$334,058
Dec 20121,46380,14986.773.42$401,067
Nov 20121,82270,00886.953.62$412,199
Oct 20121,59077,77489.383.40$406,521

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            41 bbl  × $ 98.93 =     $4,056
Gas                1,191 Mcf  × $  2.87 =     $3,418

────────────────────────────────────────────────────
Month total                                   $7,474

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/270011 is the state's own key, not one this site invented.