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 270144District 01Field 12018200Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$11.1 M
Aug 2012 – May 2026
Value, last 12 filed months
$407
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
CondensateDisposition16,174 bbl$1,118,938
GasProduction3,057,489 Mcf$10,005,155
Total$11,124,093

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 2026010889.753.15$340
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20251066.483.13$66
May 2025103,31560.553.23$11,321
Apr 2025205,59862.363.54$21,082
Mar 2025235,16067.704.27$23,582
Feb 2025365,27470.884.34$25,445
Jan 2025766,61074.324.28$33,930
Dec 2024452,06868.993.12$9,560
Nov 2024717,40669.052.20$21,184
Oct 2024222,12571.372.28$6,418
Sep 2024113,89569.612.36$9,975
Aug 2024175,65175.632.06$12,947
Jul 202455,99179.932.15$13,260
Jun 2024235,43978.082.63$16,122
May 2024196,00878.812.20$14,706
Apr 2024214,76184.451.66$9,673
Mar 2024254,53080.301.55$9,007
Feb 2024234,70976.091.78$10,149
Jan 2024226,15773.023.30$21,910
Dec 2023216,16071.262.61$17,579
Nov 2023206,15177.892.81$18,827
Oct 2023226,86385.443.09$23,068
Sep 2023665,73189.042.74$21,551
Aug 2023435,87780.522.67$19,171
Jul 2023284,26174.852.64$13,353
Jun 2023556,15168.962.26$17,685
May 2023266,91070.622.23$17,227
Apr 2023276,90078.122.24$17,550
Mar 2023296,30372.852.39$17,197
Feb 2023274,74475.112.47$13,725
Jan 2023356,33676.533.39$24,143
Dec 2022273,01376.415.73$19,325
Nov 202221,89285.005.65$10,853
Oct 2022497587.185.86$6,066
Sep 20221084.888.16$85
Aug 2022113,55594.529.13$33,487
Jul 2022229,928101.587.54$77,113
Jun 2022176,679115.097.98$55,236
May 2022209,013109.378.43$78,194
Apr 2022218,656104.226.84$61,375
Mar 2022269,002108.885.08$48,529
Feb 2022237,63591.054.86$39,191
Jan 2022338,67681.844.54$42,070
Dec 2021259,29071.323.90$38,006
Nov 2021218,89577.435.24$48,208
Oct 2021189,53779.795.71$55,929
Sep 2021229,80469.865.35$53,997
Aug 2021209,60866.024.22$41,872
Jul 202139,47170.783.98$37,927
Jun 202119,49369.493.38$32,162
May 2021210,72863.483.02$32,501
Apr 2021108,03360.362.76$22,762
Mar 2021289,02661.302.72$26,240
Feb 2021156,50857.805.55$36,973
Jan 2021339,15350.412.81$27,386
Dec 2020269,87944.642.68$27,592
Nov 20202210,51638.772.71$29,315
Oct 2020237,27136.972.48$18,871
Sep 2020157,03037.091.99$14,553
Aug 20202710,49039.982.39$26,099
Jul 20202212,37538.371.83$23,430
Jun 202029,15234.901.69$15,540
May 2020168,04016.921.81$14,861
Apr 2020728,72814.751.80$16,811
Mar 2020388,73530.341.86$17,367
Feb 202021410,05849.881.98$30,596
Jan 20201,0758,84057.252.09$80,061
Dec 20191177,67759.012.30$24,595
Nov 2019827,56755.302.75$25,349
Oct 20199210,78453.472.42$31,001
Sep 2019728,61755.052.66$26,861
Aug 2019639,93453.112.30$26,237
Jul 20194110,31356.272.46$27,678
Jun 20195311,30352.782.49$30,955
May 20194911,29258.482.74$33,809
Apr 20194411,49062.632.75$34,361
Mar 20195612,22756.803.06$40,621
Feb 20194611,28050.852.79$33,835
Jan 201912312,95646.033.23$47,486
Dec 201842312,47846.594.19$71,933
Nov 201833412,87852.934.24$72,246
Oct 201815714,10061.443.40$57,559
Sep 201817814,10859.543.11$54,446
Aug 20189013,06359.403.07$45,404
Jul 20184714,70865.142.93$46,184
Jun 20184814,72460.183.08$48,193
May 20185615,65665.382.90$49,076
Apr 20187015,68463.842.90$49,965
Mar 20186717,78461.222.79$53,663
Feb 20185914,45861.782.77$43,638
Jan 20188116,81262.874.01$72,497
Dec 20177014,67957.272.92$46,894
Nov 20176315,41355.423.12$51,555
Oct 20175416,32449.292.98$51,367
Sep 20175116,55347.523.09$53,527
Aug 20176519,22245.373.00$60,700
Jul 20179614,80643.873.09$49,922
Jun 20176114,77142.493.09$48,194
May 20176417,13745.373.26$58,829
Apr 20177417,83347.933.21$60,819
Mar 20179218,79446.772.98$60,378
Feb 20176917,81450.452.95$56,079
Jan 20177720,14149.413.42$72,663
Dec 20168720,60748.763.72$80,958
Nov 20166120,52742.492.64$56,872
Oct 20166722,02246.193.09$71,148
Sep 20166222,59641.553.10$72,638
Aug 20167324,20541.442.92$73,809
Jul 20167024,94741.622.92$75,867
Jun 20167225,36045.352.69$71,378
May 20168527,16542.521.99$57,701
Apr 20168527,40036.561.99$57,662
Mar 201610429,63733.011.79$56,602
Feb 201611827,65626.472.06$60,195
Jan 201610730,01827.352.36$73,900
Dec 20158831,84132.362.00$66,575
Nov 201512032,05938.792.17$74,137
Oct 201511634,21943.552.43$88,087
Sep 201510236,08442.992.76$103,920
Aug 201514939,97240.162.87$120,803
Jul 201517636,49648.152.95$115,958
Jun 20158033,32456.152.88$100,560
May 201515142,62955.212.96$134,325
Apr 201519444,99249.822.71$131,439
Mar 201524752,26342.892.93$163,971
Feb 201524645,67144.662.98$146,912
Jan 201521865,72143.433.10$213,244
Dec 201430787,93154.693.59$332,582
Nov 201427071,15170.464.25$321,547
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20143098.164.74$294
May 201456459,50994.734.73$334,701
Apr 201427332,18995.944.81$180,992
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20142090.404.86$181
Dec 20131191.824.35$96
Nov 201310088.853.74$889
Oct 20136097.423.78$585
Sep 201300104.113.72$0
Aug 201310104.253.52$104
Jul 20133065102.523.72$3,317
Jun 201312140,26894.403.93$169,813
May 201315768,33594.834.15$298,416
Apr 201330778,57993.964.28$365,367
Mar 201364182,24293.623.91$381,813
Feb 201310921,22191.233.42$82,518
Jan 201355680,49991.603.42$326,229
Dec 201287894,52586.773.42$399,475
Nov 2012675155,30486.953.62$621,662
Oct 2012874210,26689.383.40$792,955
Sep 20121,340200,73194.672.92$712,671
Aug 20126125,00692.662.91$78,374

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             0 bbl  × $ 89.75 =         $0
Gas                  108 Mcf  × $  3.15 =       $340

────────────────────────────────────────────────────
Month total                                     $340

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/270144 is the state's own key, not one this site invented.