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 270152District 01Field 12018200Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$15.9 M
Aug 2012 – May 2026
Value, last 12 filed months
$223 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
CondensateDisposition21,721 bbl$1,731,536
GasProduction4,152,289 Mcf$14,176,694
Total$15,908,230

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 2026248289.753.15$1,698
Feb 2026152,44563.503.75$10,122
Jan 2026142,34159.138.00$19,551
Dec 2025186,14156.664.41$28,122
Nov 2025237,63758.593.93$31,334
Oct 2025268,06359.383.30$28,191
Sep 2025337,52462.743.08$25,221
Aug 2025238,48063.933.01$27,036
Jul 2025011,12266.743.32$36,872
Jun 202504,59966.483.13$14,389
May 202504,88860.553.23$15,800
Apr 202508,08862.363.54$28,657
Mar 202518,70467.704.27$37,219
Feb 202538,75570.884.34$38,217
Jan 2025679,02574.324.28$43,595
Dec 202402,12968.993.12$6,645
Nov 202407,86569.052.20$17,291
Oct 202408,55671.372.28$19,520
Sep 202407,72769.612.36$18,269
Aug 202418,73675.632.06$18,104
Jul 2024148,89679.932.15$20,215
Jun 2024419,09978.082.63$27,168
May 2024338,16478.812.20$20,549
Apr 2024278,09684.451.66$15,713
Mar 2024128,30480.301.55$13,794
Feb 202497,98976.091.78$14,934
Jan 20246310,34773.023.30$38,721
Dec 20239913,60871.262.61$42,581
Nov 202324777.892.81$288
Oct 2023258,03585.443.09$26,942
Sep 2023317,75789.042.74$23,976
Aug 2023589,17380.522.67$29,188
Jul 2023628,66074.852.64$27,519
Jun 2023539,31568.962.26$24,693
May 2023739,99470.622.23$27,416
Apr 20237510,04278.122.24$28,331
Mar 20238411,11172.852.39$32,710
Feb 2023867,89975.112.47$25,936
Jan 20236211,27576.533.39$42,941
Dec 202206676.415.73$378
Nov 20220085.005.65$0
Oct 202204387.185.86$252
Sep 202201984.888.16$155
Aug 202243,24394.529.13$29,977
Jul 20221810,556101.587.54$81,443
Jun 20222412,172115.097.98$99,861
May 20222613,252109.378.43$114,598
Apr 20222913,733104.226.84$96,923
Mar 20224015,871108.885.08$84,923
Feb 20224216,68591.054.86$84,894
Jan 20226823,21181.844.54$110,889
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20211069.865.35$70
Aug 2021126,96066.024.22$30,168
Jul 20212311,30670.783.98$46,649
Jun 20212310,99769.493.38$38,775
May 20212310,07063.483.02$31,848
Apr 20212610,86460.362.76$31,537
Mar 20213011,51061.302.72$33,111
Feb 2021239,85757.805.55$56,016
Jan 20213312,09250.412.81$35,645
Dec 20203012,03444.642.68$33,536
Nov 20202510,14738.772.71$28,433
Oct 20202711,81736.972.48$30,286
Sep 20202712,75037.091.99$26,387
Aug 20202813,80639.982.39$34,048
Jul 20202312,77838.371.83$24,204
Jun 20203313,22234.901.69$23,501
May 20202614,70616.921.81$27,128
Apr 20204213,25114.751.80$24,529
Mar 20207514,42330.341.86$29,048
Feb 2020012,93049.881.98$25,610
Jan 2020014,50557.252.09$30,384
Dec 2019014,12259.012.30$32,542
Nov 2019014,97655.302.75$41,194
Oct 2019013,50553.472.42$32,662
Sep 2019014,13355.052.66$37,555
Aug 2019011,96653.112.30$27,574
Jul 2019014,62256.272.46$35,971
Jun 2019014,44352.782.49$35,980
May 2019015,54258.482.74$42,590
Apr 2019015,08662.632.75$41,497
Mar 2019015,95356.803.06$48,850
Feb 2019014,53450.852.79$40,582
Jan 2019517,30846.033.23$56,103
Dec 20183614,94446.594.19$64,224
Nov 20186316,29052.934.24$72,359
Oct 20185816,59061.443.40$59,938
Sep 20185316,17059.543.11$53,412
Aug 20186417,84659.403.07$58,527
Jul 20185717,21365.142.93$54,179
Jun 20186117,88160.183.08$58,689
May 20186718,34165.382.90$57,584
Apr 20187620,20463.842.90$63,460
Mar 201810115,36861.222.79$49,011
Feb 201814118,03761.782.77$58,603
Jan 201811015,47062.874.01$68,940
Dec 201710313,56057.272.92$45,515
Nov 20179218,17355.423.12$61,769
Oct 20178219,45949.292.98$62,101
Sep 20177318,95347.523.09$61,982
Aug 20177019,83845.373.00$62,777
Jul 20179119,78843.873.09$65,083
Jun 20176919,78542.493.09$64,014
May 20178020,48745.373.26$70,487
Apr 20178719,79347.933.21$67,737
Mar 20179220,88546.772.98$66,617
Feb 20178620,03650.452.95$63,497
Jan 20179120,70349.413.42$75,276
Dec 201610823,31548.763.72$92,064
Nov 20167822,86142.492.64$63,767
Oct 20168724,17346.193.09$78,719
Sep 20168324,10341.553.10$78,183
Aug 201610225,05741.442.92$77,502
Jul 201610225,42241.622.92$78,588
Jun 20169425,18245.352.69$71,897
May 201610425,47542.521.99$55,144
Apr 201610725,48936.561.99$54,662
Mar 201611727,15533.011.79$52,579
Feb 201612926,14426.472.06$57,366
Jan 201612328,45427.352.36$70,640
Dec 201510529,22832.362.00$61,895
Nov 201513429,14538.792.17$68,365
Oct 201512731,55343.552.43$82,097
Sep 201511030,54142.992.76$88,974
Aug 201513732,00540.162.87$97,436
Jul 201515633,07548.152.95$104,920
Jun 201514132,76356.152.88$102,368
May 201515331,90555.212.96$102,741
Apr 201515733,54149.822.71$98,603
Mar 201518136,05842.892.93$113,583
Feb 201515633,83244.662.98$107,657
Jan 201521738,85343.433.10$129,893
Dec 201423840,50154.693.59$158,470
Nov 201422841,90970.464.25$194,255
Oct 201427846,90878.303.90$204,754
Sep 201441655,90786.164.05$262,011
Aug 201428229,79489.394.04$145,430
Jul 201426135,40096.564.18$173,160
Jun 201427930,95498.164.74$174,012
May 201439545,05294.734.73$250,359
Apr 201439343,71895.944.81$247,950
Mar 201450648,54295.895.06$293,988
Feb 201437738,87597.406.19$277,434
Jan 201444142,16290.404.86$244,804
Dec 201331350,33891.824.35$247,935
Nov 201334554,18088.853.74$233,193
Oct 201336760,70297.423.78$265,168
Sep 201333660,137104.113.72$258,555
Aug 201353568,019104.253.52$295,378
Jul 201343666,978102.523.72$293,706
Jun 201331371,02994.403.93$308,933
May 201343482,44794.834.15$383,235
Apr 201342791,41793.964.28$431,622
Mar 2013503100,18993.623.91$439,117
Feb 201349895,27291.233.42$371,254
Jan 2013441113,28391.603.42$427,813
Dec 2012711132,47586.773.42$514,779
Nov 20121,012155,73286.953.62$652,516
Oct 20121,680201,53489.383.40$835,310
Sep 20121,759209,22694.672.92$777,130
Aug 201268582,28292.662.91$302,761

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             2 bbl  × $ 89.75 =       $180
Gas                  482 Mcf  × $  3.15 =     $1,518

────────────────────────────────────────────────────
Month total                                   $1,698

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/270152 is the state's own key, not one this site invented.