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 270014District 01Field 12018200Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$23.9 M
Nov 2012 – May 2026
Value, last 12 filed months
$404 k
at the published price for each month
Months reported
163
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
CondensateDisposition34,292 bbl$2,623,163
GasProduction6,038,486 Mcf$21,323,318
Total$23,946,480

Every month this lease reported (163)

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

163 months

May 202600106.413.05$0
Apr 202609,63798.932.87$27,655
Mar 2026010,30189.753.15$32,442
Feb 2026310,51363.503.75$39,618
Jan 20263911,62359.138.00$95,266
Dec 2025759,38156.664.41$45,651
Nov 2025749,57758.593.93$41,939
Oct 20258110,85359.383.30$40,677
Sep 20259312,08362.743.08$43,013
Aug 2025155,45063.933.01$17,389
Jul 2025393,16666.743.32$13,099
Jun 2025101,96066.483.13$6,797
May 202563,38360.553.23$11,298
Apr 2025164,64262.363.54$17,445
Mar 2025259,12767.704.27$40,649
Feb 20254011,14170.884.34$51,197
Jan 2025457,88174.324.28$37,065
Dec 2024308,09568.993.12$27,337
Nov 202410610,22469.052.20$29,796
Oct 20244311,45471.372.28$29,200
Sep 20242811,84369.612.36$29,950
Aug 2024249,84175.632.06$22,123
Jul 20241910,25679.932.15$23,534
Jun 20241610,25578.082.63$28,261
May 20241511,26878.812.20$25,954
Apr 20241711,35484.451.66$20,274
Mar 20242712,03980.301.55$20,770
Feb 20242911,75376.091.78$23,170
Jan 20245212,60373.023.30$45,357
Dec 20232610,87471.262.61$30,242
Nov 20232812,08277.892.81$36,102
Oct 20232412,68885.443.09$41,222
Sep 20232612,58289.042.74$36,727
Aug 20232113,51380.522.67$37,810
Jul 202315113,19574.852.64$46,161
Jun 20232014,12268.962.26$33,273
May 20233313,67270.622.23$32,783
Apr 20233211,53378.122.24$28,308
Mar 20233910,61372.852.39$28,240
Feb 20233914,84375.112.47$39,527
Jan 20236919,70676.533.39$72,039
Dec 20226221,46176.415.73$127,689
Nov 20227524,28385.005.65$143,482
Oct 2022288,51787.185.86$52,383
Sep 202294,91384.888.16$40,872
Aug 20222718,34694.529.13$169,999
Jul 20222318,606101.587.54$142,664
Jun 20222618,087115.097.98$147,276
May 20222918,970109.378.43$163,147
Apr 20222918,348104.226.84$128,479
Mar 20223519,047108.885.08$100,501
Feb 20223117,05791.054.86$85,700
Jan 20224018,39081.844.54$86,722
Dec 20213319,18571.323.90$77,158
Nov 20212918,65777.435.24$99,949
Oct 20212719,30379.795.71$112,449
Sep 20212718,87069.865.35$102,858
Aug 20212719,59266.024.22$84,472
Jul 20213019,85870.783.98$81,200
Jun 20213119,57369.493.38$68,323
May 20213620,41663.483.02$63,894
Apr 20213520,08860.362.76$57,524
Mar 20213921,57461.302.72$61,006
Feb 20212916,93557.805.55$95,631
Jan 20214421,44850.412.81$62,493
Dec 20203921,43844.642.68$59,097
Nov 20203720,85138.772.71$57,869
Oct 20203621,72436.972.48$55,172
Sep 20203421,30937.091.99$43,688
Aug 20203622,30939.982.39$54,648
Jul 20203722,85138.371.83$43,126
Jun 20205422,64734.901.69$40,165
May 20205323,02716.921.81$42,685
Apr 20207420,63314.751.80$38,321
Mar 20208322,91830.341.86$45,059
Feb 20207922,01249.881.98$47,539
Jan 20209323,22157.252.09$53,966
Dec 20199223,53659.012.30$59,664
Nov 20198523,12555.302.75$68,310
Oct 20198624,06453.472.42$62,798
Sep 20197123,37555.052.66$66,022
Aug 20197724,66753.112.30$60,931
Jul 20196724,80956.272.46$64,802
Jun 20198424,55452.782.49$65,602
May 20198125,72858.482.74$75,240
Apr 20199225,31962.632.75$75,407
Mar 20198125,62456.803.06$83,064
Feb 20199723,69050.852.79$71,080
Jan 201912726,73346.033.23$92,145
Dec 201815427,03446.594.19$120,324
Nov 201812727,15852.934.24$121,797
Oct 20189727,70661.443.40$100,107
Sep 20189827,82859.543.11$92,324
Aug 201814629,47259.403.07$99,050
Jul 20189828,93165.142.93$91,206
Jun 201810228,59860.183.08$94,132
May 201811129,93565.382.90$94,093
Apr 201811729,69663.842.90$93,611
Mar 201813831,44261.222.79$96,072
Feb 201812428,61461.782.77$86,810
Jan 201815432,65462.874.01$140,602
Dec 201714933,80757.272.92$107,301
Nov 201715333,68255.423.12$113,512
Oct 201715932,98649.292.98$106,257
Sep 201713333,49047.523.09$109,713
Aug 20178132,91145.373.00$102,553
Jul 201716435,07043.873.09$115,466
Jun 201725135,73042.493.09$120,974
May 201728943,80845.373.26$156,075
Apr 201714314,36747.933.21$52,995
Mar 201714616,24646.772.98$55,301
Feb 201717933,43250.452.95$107,742
Jan 201717936,93049.413.42$135,101
Dec 201623737,66948.763.72$151,791
Nov 201612337,76742.492.64$105,095
Oct 201615138,74446.193.09$126,704
Sep 201611338,68841.553.10$124,652
Aug 201616740,36341.442.92$124,956
Jul 201615943,04541.622.92$132,496
Jun 201617540,05245.352.69$115,509
May 201619543,56742.521.99$95,035
Apr 201620041,79436.561.99$90,526
Mar 201622741,96633.011.79$82,781
Feb 201625440,26226.472.06$89,809
Jan 201624844,08927.352.36$111,025
Dec 201521044,81932.362.00$96,497
Nov 201527044,27138.792.17$106,423
Oct 201526547,02043.552.43$125,639
Sep 201523046,06942.992.76$136,965
Aug 201526948,56140.162.87$150,294
Jul 201529751,71748.152.95$166,611
Jun 201528150,34956.152.88$160,927
May 201530848,70355.212.96$160,944
Apr 201532250,94049.822.71$153,915
Mar 201535154,73542.892.93$175,686
Feb 201528750,48544.662.98$163,070
Jan 201538157,01543.433.10$193,329
Dec 201440759,51754.693.59$236,006
Nov 201434162,81870.464.25$291,119
Oct 201442663,36278.303.90$280,528
Sep 201443562,62086.164.05$290,805
Aug 201444765,55989.394.04$304,496
Jul 201441259,88096.564.18$290,057
Jun 201449168,30498.164.74$371,744
May 201453373,40494.734.73$397,440
Apr 201459574,79195.944.81$416,763
Mar 201464782,56095.895.06$479,530
Feb 201461467,01697.406.19$474,767
Jan 201473582,91690.404.86$469,475
Dec 201375796,27191.824.35$488,718
Nov 201383698,64388.853.74$443,034
Oct 2013946110,58197.423.78$510,085
Sep 2013878110,774104.113.72$503,238
Aug 2013865127,024104.253.52$537,632
Jul 2013607128,190102.523.72$538,807
Jun 2013602132,43094.403.93$577,730
May 20131,106159,74794.834.15$767,685
Apr 20131,181164,05293.964.28$813,534
Mar 20131,334183,34593.623.91$842,294
Feb 20131,493164,92691.233.42$700,238
Jan 20131,698228,11591.603.42$935,670
Dec 20121,861157,36386.773.42$699,686
Nov 2012862117,24786.953.62$499,967

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             0 bbl  × $ 98.93 =         $0
Gas                9,637 Mcf  × $  2.87 =    $27,655

────────────────────────────────────────────────────
Month total                                  $27,655

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/270014 is the state's own key, not one this site invented.