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 270016District 01Field 12018200Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$5.4 M
Nov 2012 – May 2026
Value, last 12 filed months
$84 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
CondensateDisposition26,597 bbl$2,207,425
GasProduction945,545 Mcf$3,221,018
Total$5,428,443

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 2026332,36698.932.87$10,054
Mar 2026972,45589.753.15$16,438
Feb 2026291,58363.503.75$7,778
Jan 2026442,05859.138.00$19,061
Dec 2025482,16656.664.41$12,279
Nov 2025372,25258.593.93$11,010
Oct 2025231,86359.383.30$7,523
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 202502766.743.32$90
Jun 202511866.483.13$123
May 20250060.553.23$0
Apr 202562262.363.54$452
Mar 2025266267.704.27$2,961
Feb 202542,10570.884.34$9,421
Jan 2025382,30574.324.28$12,687
Dec 2024372,30968.993.12$9,760
Nov 2024302,41569.052.20$7,381
Oct 2024282,32971.372.28$7,312
Sep 2024302,49469.612.36$7,985
Aug 2024191,70475.632.06$4,953
Jul 202415479.932.15$196
Jun 20240078.082.63$0
May 2024675178.812.20$2,124
Apr 2024141,97784.451.66$4,463
Mar 2024181,87780.301.55$4,346
Feb 2024211,91776.091.78$5,017
Jan 2024242,19173.023.30$8,978
Dec 2023232,05371.262.61$6,999
Nov 2023272,19977.892.81$8,277
Oct 2023332,41485.443.09$10,272
Sep 2023522,34289.042.74$11,036
Aug 2023412,14180.522.67$9,024
Jul 202315376674.852.64$13,476
Jun 20231541968.962.26$1,981
May 20231125170.622.23$1,336
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 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220581.844.54$23
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 202003438.772.71$92
Oct 20203036.972.48$111
Sep 2020161,82837.091.99$4,233
Aug 2020688239.982.39$2,344
Jul 2020242,07538.371.83$4,708
Jun 2020282,20634.901.69$4,706
May 202081,50616.921.81$2,868
Apr 2020161,61014.751.80$3,141
Mar 2020251,59330.341.86$3,715
Feb 2020391,63449.881.98$5,182
Jan 2020392357.252.09$2,105
Dec 2019191,42559.012.30$4,405
Nov 2019442,21155.302.75$8,515
Oct 2019421,85253.472.42$6,725
Sep 2019451,63155.052.66$6,811
Aug 2019692,15053.112.30$8,619
Jul 2019792,25856.272.46$10,000
Jun 2019922,76152.782.49$11,734
May 2019492,29258.482.74$9,146
Apr 2019572,68762.632.75$10,961
Mar 2019632,20556.803.06$10,330
Feb 2019602,46450.852.79$9,931
Jan 2019612,31246.033.23$10,271
Dec 2018822,46046.594.19$14,117
Nov 2018582,34852.934.24$13,019
Oct 2018622,12361.443.40$11,023
Sep 2018432,14259.543.11$9,218
Aug 2018522,92959.403.07$12,071
Jul 2018642,65365.142.93$11,947
Jun 2018542,93460.183.08$12,277
May 2018563,10465.382.90$12,665
Apr 2018553,22163.842.90$12,855
Mar 2018743,26361.222.79$13,624
Feb 2018692,84761.782.77$12,138
Jan 2018984,21162.874.01$23,045
Dec 2017972,37657.272.92$12,497
Nov 20171173,29255.423.12$16,750
Oct 2017503,26749.292.98$12,212
Sep 2017563,31747.523.09$12,902
Aug 2017523,66045.373.00$13,355
Jul 2017643,75343.873.09$14,394
Jun 2017503,82942.493.09$13,946
May 2017593,84345.373.26$15,218
Apr 2017704,08247.933.21$16,465
Mar 2017724,51346.772.98$16,833
Feb 2017753,03550.452.95$12,745
Jan 2017844,69849.413.42$20,212
Dec 20161224,67548.763.72$23,353
Nov 2016694,62142.492.64$15,151
Oct 2016784,98846.193.09$19,017
Sep 2016604,79541.553.10$17,361
Aug 2016765,19741.442.92$18,347
Jul 2016725,49241.622.92$19,057
Jun 2016705,40245.352.69$17,683
May 2016845,87242.521.99$15,263
Apr 2016825,43036.561.99$13,809
Mar 2016986,17533.011.79$14,313
Feb 20161126,10126.472.06$15,555
Jan 20161135,76527.352.36$16,721
Dec 20151136,29132.362.00$16,248
Nov 20151866,52138.792.17$21,348
Oct 20151937,20743.552.43$25,894
Sep 20151546,97042.992.76$25,847
Aug 20151217,18840.162.87$25,507
Jul 20151536,11548.152.95$25,376
Jun 2015825,96056.152.88$21,786
May 20151338,70955.212.96$33,082
Apr 20152168,17149.822.71$32,877
Mar 20154409,80642.892.93$47,649
Feb 20151538,50544.662.98$32,145
Jan 201521311,08543.433.10$43,621
Dec 20141774,18354.693.59$24,703
Nov 2014177570.464.25$3,366
Oct 201442078.303.90$391
Sep 2014301,22986.164.05$7,557
Aug 20140089.394.04$0
Jul 201411796.564.18$168
Jun 20143554398.164.74$6,008
May 2014992,85794.734.73$22,882
Apr 2014361,39995.944.81$10,182
Mar 20141273,52095.895.06$29,978
Feb 2014741,31397.406.19$15,338
Jan 20146120090.404.86$6,487
Dec 201337410,71391.824.35$80,990
Nov 201372921,29988.853.74$144,393
Oct 201378425,12197.423.78$171,319
Sep 20131,60927,349104.113.72$269,189
Aug 20131,10330,345104.253.52$221,881
Jul 20131,40331,932102.523.72$262,550
Jun 20131,08736,16894.403.93$244,876
May 20131,70747,01494.834.15$356,940
Apr 201371523,46593.964.28$167,672
Mar 20131,37155,22093.623.91$344,422
Feb 20131,64153,90791.233.42$334,066
Jan 20132,38082,36891.603.42$499,699
Dec 20123,32091,21086.773.42$600,029
Nov 20121,13065,40886.953.62$335,355

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            33 bbl  × $ 98.93 =     $3,265
Gas                2,366 Mcf  × $  2.87 =     $6,790

────────────────────────────────────────────────────
Month total                                  $10,054

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/270016 is the state's own key, not one this site invented.