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 270141District 01Field 12018200Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$3.4 M
Aug 2012 – May 2026
Value, last 12 filed months
$79 k
at the published price for each month
Months reported
166
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
CondensateDisposition3,909 bbl$294,938
GasProduction910,123 Mcf$3,137,261
Total$3,432,200

Every month this lease reported (166)

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

166 months

May 202600106.413.05$0
Apr 20261098.932.87$99
Mar 2026863989.753.15$2,730
Feb 2026161,79263.503.75$7,737
Jan 202671,91259.138.00$15,706
Dec 2025231,86056.664.41$9,512
Nov 2025431,79758.593.93$9,575
Oct 2025391,82259.383.30$8,337
Sep 2025361,68062.743.08$7,428
Aug 2025181,82763.933.01$6,659
Jul 2025251,70766.743.32$7,328
Jun 20251197166.483.13$3,769
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 202221485.005.65$249
Oct 20223014187.185.86$3,442
Sep 20221210084.888.16$1,835
Aug 2022057994.529.13$5,285
Jul 202201,256101.587.54$9,473
Jun 202201,306115.097.98$10,418
May 202281,400109.378.43$12,681
Apr 202221,327104.226.84$9,282
Mar 202211,364108.885.08$7,033
Feb 202201,25191.054.86$6,078
Jan 202241,49681.844.54$7,116
Dec 2021101,90871.323.90$8,153
Nov 2021131,95377.435.24$11,234
Oct 2021141,62079.795.71$10,374
Sep 202111,32769.865.35$7,171
Aug 202101,41666.024.22$5,976
Jul 202101,46370.783.98$5,826
Jun 202101,44169.493.38$4,871
May 202101,50763.483.02$4,548
Apr 202101,46160.362.76$4,030
Mar 202121,58061.302.72$4,415
Feb 202151,63157.805.55$9,338
Jan 202121,59050.412.81$4,569
Dec 202051,61744.642.68$4,549
Nov 202001,51538.772.71$4,100
Oct 202001,55436.972.48$3,851
Sep 202001,54037.091.99$3,066
Aug 202001,59339.982.39$3,799
Jul 202001,60338.371.83$2,926
Jun 202001,52134.901.69$2,571
May 202011,64616.921.81$3,004
Apr 202051,85714.751.80$3,424
Mar 202041,74930.341.86$3,368
Feb 202051,96349.881.98$4,137
Jan 202061,69757.252.09$3,898
Dec 201901,72459.012.30$3,973
Nov 201921,86155.302.75$5,230
Oct 2019102,13853.472.42$5,706
Sep 201911,49655.052.66$4,030
Aug 201901,55453.112.30$3,581
Jul 201911,61956.272.46$4,039
Jun 201931,70552.782.49$4,406
May 201951,71958.482.74$5,003
Apr 201951,72962.632.75$5,069
Mar 201941,86356.803.06$5,932
Feb 201941,77250.852.79$5,151
Jan 2019885846.033.23$3,138
Dec 2018418246.594.19$948
Nov 201871,87652.934.24$8,320
Oct 2018102,14661.443.40$7,907
Sep 201841,89559.543.11$6,128
Aug 201831,97359.403.07$6,229
Jul 201852,10965.142.93$6,509
Jun 201882,15460.183.08$7,109
May 2018242,23165.382.90$8,041
Apr 2018252,27563.842.90$8,195
Mar 2018362,81061.222.79$10,035
Feb 20183687961.782.77$4,656
Jan 2018531,53762.874.01$9,494
Dec 2017462,86457.272.92$11,002
Nov 201782,90655.423.12$9,505
Oct 201773,14649.292.98$9,732
Sep 2017212,97447.523.09$10,179
Aug 2017343,70245.373.00$12,665
Jul 2017154,00543.873.09$13,023
Jun 201743,03942.493.09$9,552
May 201784,60545.373.26$15,391
Apr 2017114,89347.933.21$16,242
Mar 2017165,19046.772.98$16,234
Feb 2017254,71550.452.95$15,183
Jan 201753,44249.413.42$12,015
Dec 201623,54048.763.72$13,276
Nov 201624,03442.492.64$10,752
Oct 201634,26046.193.09$13,303
Sep 201633,55541.553.10$11,147
Aug 201653,64841.442.92$10,875
Jul 2016185,37041.622.92$16,453
Jun 2016135,36045.352.69$14,986
May 2016105,64042.521.99$11,655
Apr 2016115,31036.561.99$10,975
Mar 2016115,75133.011.79$10,680
Feb 2016125,73826.472.06$12,159
Jan 2016176,50027.352.36$15,833
Dec 2015157,05732.362.00$14,609
Nov 2015176,94238.792.17$15,705
Oct 2015208,00043.552.43$20,284
Sep 2015338,62342.992.76$25,205
Aug 201585,76040.162.87$16,867
Jul 20153048.152.95$144
Jun 2015274,64956.152.88$14,918
May 2015649,84955.212.96$32,642
Apr 201513011,42249.822.71$37,391
Mar 20155413,79442.892.93$42,797
Feb 20155013,81744.662.98$43,355
Jan 20158818,09143.433.10$59,915
Dec 201414429,08954.693.59$112,344
Nov 201422339,11070.464.25$182,002
Oct 20141791678.303.90$4,904
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20141098.164.74$98
May 201421434,89694.734.73$185,210
Apr 201423927,39395.944.81$154,666
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20133188.853.74$270
Oct 20132097.423.78$195
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 2013121102.523.72$1,234
Jun 20135914,54494.403.93$62,777
May 201310426,70394.834.15$120,655
Apr 201311131,15193.964.28$143,837
Mar 201312045,99093.623.91$191,187
Feb 20133421,63091.233.42$77,074
Jan 20134446,04191.603.42$161,486
Dec 201220344,26386.773.42$169,001
Nov 201225251,62886.953.62$209,061
Oct 201231670,62789.383.40$268,353
Sep 201234890,87094.672.92$298,140
Aug 20123015,98192.662.91$49,255

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             1 bbl  × $ 98.93 =        $99
Gas                    0 Mcf  × $  2.87 =         $0

────────────────────────────────────────────────────
Month total                                      $99

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/270141 is the state's own key, not one this site invented.