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 270171District 01Field 12018200Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$24.2 M
Dec 2012 – May 2026
Value, last 12 filed months
$634 k
at the published price for each month
Months reported
162
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
CondensateDisposition81,098 bbl$6,315,715
GasProduction5,025,327 Mcf$17,857,384
Total$24,173,098

Every month this lease reported (162)

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

162 months

May 202600106.413.05$0
Apr 20263310,49598.932.87$33,382
Mar 202601089.753.15$31
Feb 202687,33763.503.75$28,024
Jan 202619110,82259.138.00$97,847
Dec 20252,27011,07856.664.41$177,509
Nov 202547110,73958.593.93$69,762
Oct 202515212,10059.383.30$49,014
Sep 20251119,78362.743.08$37,066
Aug 20254711,00963.933.01$36,194
Jul 20255713,10866.743.32$47,260
Jun 202516815,05366.483.13$58,265
May 202511816,40560.553.23$60,171
Apr 20251868,65562.363.54$42,265
Mar 20251716,45967.704.27$71,403
Feb 20258210,32470.884.34$50,627
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 20241079.932.15$80
Jun 20243511,24978.082.63$32,362
May 20244514,43478.812.20$35,279
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 2024398573.023.30$3,467
Dec 20237414,73371.262.61$43,737
Nov 20235912,42677.892.81$39,482
Oct 20230085.443.09$0
Sep 202372,60289.042.74$7,740
Aug 20234011,87880.522.67$34,969
Jul 20235312,34674.852.64$36,583
Jun 20234612,11068.962.26$30,522
May 20235912,92970.622.23$32,965
Apr 20236412,72278.122.24$33,468
Mar 20236913,63172.852.39$37,648
Feb 20236712,76675.112.47$36,509
Jan 20239515,01976.533.39$58,151
Dec 202212616,00376.415.73$101,310
Nov 202214019,36385.005.65$121,227
Oct 202221,73387.185.86$10,336
Sep 202201184.888.16$90
Aug 202211094.529.13$186
Jul 2022152,539101.587.54$20,673
Jun 20224610,465115.097.98$88,776
May 20225411,048109.378.43$99,074
Apr 20224110,573104.226.84$76,567
Mar 20226510,864108.885.08$62,227
Feb 20226811,62191.054.86$62,656
Jan 20229713,25481.844.54$68,081
Dec 20218713,54571.323.90$59,018
Nov 20218413,67077.435.24$78,092
Oct 202110115,03979.795.71$93,990
Sep 202111314,71769.865.35$86,644
Aug 202132915,19866.024.22$85,865
Jul 202121711,62170.783.98$61,635
Jun 202124011,90969.493.38$56,937
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20215057.805.55$289
Jan 2021304,47450.412.81$14,085
Dec 20203715,18744.642.68$42,284
Nov 20205916,78638.772.71$47,720
Oct 20206716,85836.972.48$44,258
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 202001338.371.83$24
Jun 202020034.901.69$698
May 2020719,90016.921.81$19,167
Apr 202018815,76014.751.80$31,210
Mar 202020716,64130.341.86$37,170
Feb 202019115,25449.881.98$39,740
Jan 202021617,09857.252.09$48,182
Dec 201921217,30359.012.30$52,382
Nov 201921416,50955.302.75$57,246
Oct 201921017,62853.472.42$53,863
Sep 201917117,03555.052.66$54,680
Aug 201918318,16653.112.30$51,580
Jul 201916018,31556.272.46$54,059
Jun 201919818,19952.782.49$55,788
May 201919019,10958.482.74$63,476
Apr 201922219,17862.632.75$66,657
Mar 201928420,47656.803.06$78,831
Feb 201925317,95550.852.79$62,999
Jan 201931918,20546.033.23$73,453
Dec 201831518,95446.594.19$94,007
Nov 201825318,90752.934.24$93,505
Oct 201824820,61261.443.40$85,278
Sep 201822720,51059.543.11$77,261
Aug 201826021,46459.403.07$81,265
Jul 201824821,74565.142.93$79,908
Jun 201825321,58960.183.08$81,653
May 201826521,66965.382.90$80,183
Apr 201828521,98963.842.90$81,980
Mar 201833323,26461.222.79$85,219
Feb 201828721,44461.782.77$77,048
Jan 201835822,21862.874.01$111,587
Dec 201737724,55057.272.92$93,314
Nov 201733624,45455.423.12$94,878
Oct 201730625,72249.292.98$91,829
Sep 201728725,33147.523.09$91,842
Aug 201727927,18745.373.00$94,339
Jul 201738928,23243.873.09$104,226
Jun 201722531,29142.493.09$106,164
May 20170045.373.26$0
Apr 201778047.933.21$3,739
Mar 201742635,77846.772.98$126,674
Feb 201741031,50550.452.95$113,706
Jan 201744934,35149.413.42$139,624
Dec 201649735,09748.763.72$154,894
Nov 201636434,60142.492.64$106,964
Oct 201644336,99746.193.09$134,793
Sep 201636437,00641.553.10$129,866
Aug 201646638,98741.442.92$133,322
Jul 201643740,89741.622.92$137,785
Jun 201645340,94645.352.69$130,518
May 201651541,93442.521.99$105,390
Apr 201649640,80736.561.99$99,382
Mar 201651643,36433.011.79$94,829
Feb 201658844,38926.472.06$107,167
Jan 201655748,49827.352.36$129,901
Dec 201545850,18732.362.00$115,266
Nov 201558949,74738.792.17$130,665
Oct 201556553,74843.552.43$155,030
Sep 201549053,31642.992.76$168,133
Aug 201564658,30340.162.87$193,418
Jul 201572562,05248.152.95$217,657
Jun 201560654,55756.152.88$191,307
May 201576960,24255.212.96$220,499
Apr 201581965,33349.822.71$217,631
Mar 201585270,63342.892.93$243,830
Feb 201562766,64844.662.98$226,359
Jan 201546476,84643.433.10$258,423
Dec 201444179,85454.693.59$310,903
Nov 201454380,44370.464.25$380,291
Oct 201488288,38278.303.90$413,835
Sep 201457734,35386.164.05$188,687
Aug 20141,02668,95789.394.04$369,964
Jul 201497473,99796.564.18$403,327
Jun 20141,43374,56398.164.74$493,859
May 20141,64577,45394.734.73$521,917
Apr 20141,59077,34695.944.81$524,511
Mar 20141,85084,09395.895.06$602,638
Feb 20141,55575,91497.406.19$621,516
Jan 20142,321101,22690.404.86$701,850
Dec 20132,320105,02491.824.35$670,347
Nov 20132,361104,31088.853.74$599,715
Oct 20132,246105,76597.423.78$618,529
Sep 2013312,563104.113.72$47,018
Aug 20132,35713,669104.253.52$293,868
Jul 20134,355139,660102.523.72$965,694
Jun 20133,161144,88594.403.93$868,291
May 20133,726132,53394.834.15$903,227
Apr 20133,997180,19993.964.28$1,147,277
Mar 20134,233206,36293.623.91$1,203,761
Feb 20134,235158,05491.233.42$926,890
Jan 20132,435119,42191.603.42$631,455
Dec 201247165,96186.773.42$266,466

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               10,495 Mcf  × $  2.87 =    $30,118

────────────────────────────────────────────────────
Month total                                  $33,382

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/270171 is the state's own key, not one this site invented.