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 270183District 01Field 12018200Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$25.3 M
Dec 2012 – May 2026
Value, last 12 filed months
$240 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
CondensateDisposition87,285 bbl$6,897,716
GasProduction5,166,437 Mcf$18,381,287
Total$25,279,003

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 202608,72998.932.87$25,050
Mar 202602,11789.753.15$6,667
Feb 202605,39263.503.75$20,222
Jan 202607,69359.138.00$61,528
Dec 202503,57256.664.41$15,765
Nov 202506,07258.593.93$23,841
Oct 202508,12259.383.30$26,842
Sep 202504,82462.743.08$14,843
Aug 202512,22863.933.01$6,781
Jul 2025224,46266.743.32$16,261
Jun 2025376,46866.483.13$22,696
May 2025308,50560.553.23$29,307
Apr 2025533,90062.363.54$17,123
Mar 2025185,36667.704.27$24,122
Feb 2025366,87270.884.34$32,382
Jan 2025657,34474.324.28$36,253
Dec 2024248,77568.993.12$29,046
Nov 2024224,73369.052.20$11,924
Oct 2024417,20071.372.28$19,352
Sep 2024397,47469.612.36$20,386
Aug 2024367,95975.632.06$19,147
Jul 2024327,55079.932.15$18,765
Jun 2024357,64578.082.63$22,870
May 202496,63278.812.20$15,289
Apr 2024377,60084.451.66$15,735
Mar 2024487,79580.301.55$15,899
Feb 2024497,14476.091.78$16,471
Jan 2024537,49973.023.30$28,599
Dec 2023517,17971.262.61$22,377
Nov 2023537,48677.892.81$25,146
Oct 202337,47785.443.09$23,340
Sep 202377,11689.042.74$20,086
Aug 2023347,34080.522.67$22,357
Jul 202397,38074.852.64$20,170
Jun 2023437,20668.962.26$19,240
May 2023467,47870.622.23$19,905
Apr 2023487,25478.122.24$19,982
Mar 2023547,59872.852.39$22,117
Feb 2023486,79775.112.47$20,365
Jan 2023407,79076.533.39$29,452
Dec 2022877,28576.415.73$48,384
Nov 2022667,44985.005.65$47,669
Oct 2022588,85087.185.86$56,951
Sep 2022538,62684.888.16$74,919
Aug 2022478,47494.529.13$81,786
Jul 2022428,346101.587.54$67,213
Jun 2022447,777115.097.98$67,103
May 2022488,096109.378.43$73,524
Apr 2022517,885104.226.84$59,230
Mar 2022608,169108.885.08$48,002
Feb 2022537,44991.054.86$41,019
Jan 2022768,30381.844.54$43,896
Dec 2021658,26271.323.90$36,850
Nov 2021588,07277.435.24$46,763
Oct 2021598,33479.795.71$52,327
Sep 2021598,26169.865.35$48,326
Aug 2021648,87866.024.22$41,696
Jul 20218110,36570.783.98$47,007
Jun 2021354,79669.493.38$18,646
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20215057.805.55$289
Jan 2021473,04650.412.81$10,929
Dec 202012915,36144.642.68$46,856
Nov 202013015,28438.772.71$46,407
Oct 202014717,06136.972.48$47,719
Sep 202014617,97637.091.99$41,206
Aug 202015021,29239.982.39$56,781
Jul 202010311,72838.371.83$25,357
Jun 20209034.901.69$314
May 2020335,68016.921.81$10,866
Apr 20201049,51714.751.80$18,706
Mar 202020615,46930.341.86$34,964
Feb 202020116,12449.881.98$41,962
Jan 202022217,57557.252.09$49,525
Dec 201922617,95859.012.30$54,718
Nov 201921117,64655.302.75$60,207
Oct 201921918,46653.472.42$56,371
Sep 201920017,85755.052.66$58,461
Aug 201921917,96653.112.30$53,031
Jul 201918518,29756.272.46$55,422
Jun 201921417,17552.782.49$54,081
May 201920418,17758.482.74$61,741
Apr 201924917,39162.632.75$63,432
Mar 201928918,59056.803.06$73,340
Feb 201927317,61750.852.79$63,073
Jan 201933919,85546.033.23$79,700
Dec 201830419,92746.594.19$97,567
Nov 201813919,67952.934.24$90,742
Oct 20184222,46361.443.40$78,912
Sep 20181119,02459.543.11$59,782
Aug 2018221,97759.403.07$67,513
Jul 2018322,30165.142.93$65,579
Jun 2018921,61560.183.08$67,049
May 20187723,03065.382.90$71,840
Apr 201824522,82463.842.90$81,849
Mar 201823123,32761.222.79$79,150
Feb 20189122,27061.782.77$67,223
Jan 201834420,75062.874.01$104,821
Dec 201736824,50357.272.92$92,661
Nov 201735523,99255.423.12$94,490
Oct 201731523,52149.292.98$85,705
Sep 201728724,41447.523.09$89,011
Aug 201727525,75345.373.00$89,849
Jul 201734225,74743.873.09$94,492
Jun 201720325,41642.493.09$87,092
May 20170045.373.26$0
Apr 2017813547.933.21$3,995
Mar 201744637,99946.772.98$134,236
Feb 201745434,01050.452.95$123,322
Jan 201750536,98349.413.42$151,390
Dec 201655737,85548.763.72$168,087
Nov 201640137,69342.492.64$116,712
Oct 201646339,87246.193.09$144,601
Sep 201643639,76041.553.10$141,397
Aug 201651542,03341.442.92$144,260
Jul 201650544,04741.622.92$149,827
Jun 201653943,49345.352.69$141,258
May 201662442,39442.521.99$110,941
Apr 201659241,87336.561.99$105,014
Mar 201659445,48733.011.79$101,212
Feb 201665546,76926.472.06$113,852
Jan 201661050,24227.352.36$135,474
Dec 201552252,84032.362.00$122,646
Nov 201568652,66438.792.17$140,750
Oct 201567056,53943.552.43$166,375
Sep 201559056,46842.992.76$181,127
Aug 201570160,59740.162.87$202,216
Jul 201579462,93848.152.95$223,589
Jun 201563560,56156.152.88$210,244
May 201583260,42655.212.96$224,521
Apr 201588966,88349.822.71$225,314
Mar 201595473,29442.892.93$256,014
Feb 201577568,86144.662.98$239,555
Jan 20151,04479,64643.433.10$292,294
Dec 20141,20485,70154.693.59$373,630
Nov 20141,12385,60770.464.25$443,114
Oct 20141,48895,83578.303.90$490,359
Sep 20141,07951,60286.164.05$301,719
Aug 20141,53183,50289.394.04$473,797
Jul 20141,22390,49396.564.18$496,317
Jun 20141,86791,58898.164.74$617,106
May 20142,37393,60394.734.73$667,214
Apr 20142,35791,42995.944.81$665,824
Mar 20142,45598,82895.895.06$735,163
Feb 20142,25591,46497.406.19$785,982
Jan 20143,107106,62890.404.86$799,162
Dec 20133,154119,57291.824.35$810,274
Nov 20133,325132,55988.853.74$790,969
Oct 20134,063159,54797.423.78$998,803
Sep 2013327,351104.113.72$101,996
Aug 20132,33713,574104.253.52$291,448
Jul 20134,244139,643102.523.72$954,251
Jun 20132,908112,38994.403.93$716,587
May 20133,915156,20894.834.15$1,019,379
Apr 20133,888158,87493.964.28$1,045,709
Mar 20134,230179,12393.623.91$1,096,898
Feb 20132,729144,09291.233.42$741,748
Jan 20132,74388,65991.603.42$554,465
Dec 201228359,21386.773.42$227,074

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             0 bbl  × $ 98.93 =         $0
Gas                8,729 Mcf  × $  2.87 =    $25,050

────────────────────────────────────────────────────
Month total                                  $25,050

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/270183 is the state's own key, not one this site invented.