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 270143District 01Field 12018200Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$11.1 M
Aug 2012 – May 2026
Value, last 12 filed months
$195 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
CondensateDisposition13,015 bbl$915,434
GasProduction3,079,963 Mcf$10,208,410
Total$11,123,844

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 20260098.932.87$0
Mar 202661,66789.753.15$5,789
Feb 2026164,48263.503.75$17,825
Jan 2026345,20659.138.00$43,648
Dec 2025355,00156.664.41$24,054
Nov 2025154,16658.593.93$17,236
Oct 2025104,84359.383.30$16,599
Sep 2025125,45062.743.08$17,522
Aug 2025246,38363.933.01$20,778
Jul 2025215,91066.743.32$20,994
Jun 2025173,08766.483.13$10,789
May 202592,74760.553.23$9,424
Apr 2025705,20262.363.54$22,797
Mar 2025355,49567.704.27$25,824
Feb 2025245,84870.884.34$27,086
Jan 2025425,16474.324.28$25,217
Dec 202451,72168.993.12$5,717
Nov 2024407,37069.052.20$18,965
Oct 2024471,77071.372.28$7,392
Sep 2024214,24669.612.36$11,501
Aug 2024215,35175.632.06$12,631
Jul 2024205,83179.932.15$14,115
Jun 2024235,06678.082.63$15,140
May 2024235,90978.812.20$14,803
Apr 2024205,89984.451.66$11,477
Mar 2024236,03580.301.55$11,172
Feb 2024215,73476.091.78$11,825
Jan 2024246,30973.023.30$22,557
Dec 2023256,47071.262.61$18,673
Nov 2023266,60577.892.81$20,569
Oct 2023357,93185.443.09$27,476
Sep 2023254,17689.042.74$13,648
Aug 2023296,74080.522.67$20,350
Jul 2023123,73674.852.64$10,768
Jun 2023165,87368.962.26$14,367
May 2023316,20070.622.23$15,999
Apr 2023525,00978.122.24$15,271
Mar 2023615,93872.852.39$18,654
Feb 2023975,19475.112.47$20,092
Jan 20231335,47776.533.39$28,733
Dec 20221015,59376.415.73$39,760
Nov 20221284,15285.005.65$34,323
Oct 20221355,49387.185.86$43,979
Sep 202202,27584.888.16$18,572
Aug 202202,70794.529.13$24,707
Jul 202207,388101.587.54$55,721
Jun 202207,333115.097.98$58,497
May 202288,116109.378.43$69,318
Apr 2022758,208104.226.84$63,940
Mar 20222178,796108.885.08$68,279
Feb 20221418,03891.054.86$51,893
Jan 20225612,35581.844.54$60,646
Dec 202102,74871.323.90$10,715
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20212069.865.35$140
Aug 2021188,29366.024.22$36,190
Jul 202188,67170.783.98$35,095
Jun 2021138,23369.493.38$28,736
May 2021138,62963.483.02$26,865
Apr 2021148,48660.362.76$24,253
Mar 2021149,12761.302.72$25,656
Feb 2021107,38057.805.55$41,522
Jan 2021209,06550.412.81$26,483
Dec 2020279,04244.642.68$25,397
Nov 2020288,58238.772.71$24,313
Oct 2020309,21936.972.48$23,958
Sep 2020269,05537.091.99$18,993
Aug 2020279,51639.982.39$23,776
Jul 2020269,69138.371.83$18,685
Jun 2020319,51234.901.69$17,160
May 20202510,14216.921.81$18,828
Apr 20204410,05414.751.80$18,790
Mar 20205410,01330.341.86$20,225
Feb 2020429,20949.881.98$20,335
Jan 2020199,80557.252.09$21,627
Dec 2019010,33059.012.30$23,804
Nov 2019010,00855.302.75$27,529
Oct 2019010,17253.472.42$24,601
Sep 2019010,16055.052.66$26,998
Aug 20192311,46453.112.30$27,639
Jul 20198911,71856.272.46$33,835
Jun 201911911,08252.782.49$33,888
May 20195810,01558.482.74$30,836
Apr 20196310,25062.632.75$32,140
Mar 20197810,90756.803.06$37,829
Feb 20196610,03350.852.79$31,370
Jan 20198111,87946.033.23$42,076
Dec 20186112,05946.594.19$53,314
Nov 20181310,69452.934.24$46,001
Oct 2018812,83661.443.40$44,109
Sep 20182312,76359.543.11$41,037
Aug 20186113,15059.403.07$43,949
Jul 20185613,28165.142.93$42,586
Jun 20185413,19360.183.08$43,844
May 20187513,92365.382.90$45,291
Apr 201814513,93763.842.90$49,685
Mar 201818915,28661.222.79$54,170
Feb 20186113,43861.782.77$40,940
Jan 201810015,07462.874.01$66,723
Dec 201712916,02757.272.92$54,211
Nov 20178414,10255.423.12$48,630
Oct 20176916,65049.292.98$53,079
Sep 20176416,69947.523.09$54,596
Aug 20176017,41945.373.00$55,056
Jul 20177419,56243.873.09$63,640
Jun 20176311,01542.493.09$36,683
May 20178816,18345.373.26$56,804
Apr 20178314,11247.933.21$49,300
Mar 20178916,36846.772.98$52,999
Feb 20178715,61150.452.95$50,482
Jan 20177817,88949.413.42$65,013
Dec 20167618,30248.763.72$71,841
Nov 20165418,23642.492.64$50,517
Oct 20164019,37846.193.09$61,731
Sep 20162819,55041.553.10$61,781
Aug 20162220,68341.442.92$61,396
Jul 20163121,13841.622.92$63,105
Jun 20165521,16445.352.69$59,337
May 20168622,85542.521.99$49,162
Apr 20168723,62436.561.99$50,217
Mar 20169423,44333.011.79$45,160
Feb 201610622,90026.472.06$50,063
Jan 20168725,34627.352.36$62,307
Dec 20157026,51432.362.00$55,331
Nov 20159527,11938.792.17$62,461
Oct 20159629,67043.552.43$76,177
Sep 20158130,25942.992.76$86,949
Aug 201512234,13240.162.87$102,943
Jul 201518231,66048.152.95$102,005
Jun 20159227,75356.152.88$85,174
May 201515436,19755.212.96$115,481
Apr 201515238,78249.822.71$112,539
Mar 201521344,68942.892.93$140,285
Feb 201528442,31244.662.98$138,612
Jan 201530259,83143.433.10$198,630
Dec 201441583,13254.693.59$321,253
Nov 2014179,82870.464.25$339,486
Oct 201401,07878.303.90$4,205
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140496.564.18$17
Jun 20143098.164.74$294
May 201454078,94994.734.73$424,311
Apr 20148255,69995.944.81$275,730
Mar 20140095.895.06$0
Feb 20141097.406.19$97
Jan 20142190.404.86$186
Dec 20132191.824.35$188
Nov 20139088.853.74$800
Oct 20133097.423.78$292
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 2013160102.523.72$1,640
Jun 20135539,04094.403.93$158,752
May 201323469,66294.834.15$311,223
Apr 201311079,43493.964.28$350,519
Mar 201324797,92393.623.91$406,284
Feb 201328446,61891.233.42$185,339
Jan 2013604101,30291.603.42$401,770
Dec 2012428117,45386.773.42$438,846
Nov 2012615145,45986.953.62$580,757
Oct 2012815205,88389.383.40$772,781
Sep 2012939222,46094.672.92$738,122
Aug 20125825,04492.662.91$78,206

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.

Mar 2026 — as filed, then multipliedworked
Condensate             6 bbl  × $ 89.75 =       $539
Gas                1,667 Mcf  × $  3.15 =     $5,250

────────────────────────────────────────────────────
Month total                                   $5,789

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/270143 is the state's own key, not one this site invented.