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 271170District 01Field 12018200Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$25.1 M
Jan 2013 – May 2026
Value, last 12 filed months
$144 k
at the published price for each month
Months reported
161
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
CondensateDisposition72,939 bbl$5,926,597
GasProduction5,498,225 Mcf$19,185,905
Total$25,112,502

Every month this lease reported (161)

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

161 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 2026012763.503.75$476
Jan 20260959.138.00$72
Dec 2025275956.664.41$3,463
Nov 2025103,95758.593.93$16,123
Oct 2025259,18759.383.30$31,846
Sep 2025309,15562.743.08$30,051
Aug 202594,05963.933.01$12,812
Jul 2025156,34466.743.32$22,033
Jun 2025267,99066.483.13$26,727
May 2025278,37660.553.23$28,709
Apr 2025308,13362.363.54$30,687
Mar 2025318,26267.704.27$37,364
Feb 2025337,72570.884.34$35,872
Jan 2025398,60874.324.28$39,729
Dec 2024358,51568.993.12$28,993
Nov 2024278,40869.052.20$20,349
Oct 2024208,99771.372.28$21,953
Sep 2024155,80069.612.36$14,757
Aug 2024136,48975.632.06$14,374
Jul 2024136,50479.932.15$15,001
Jun 2024116,37278.082.63$17,643
May 2024146,63778.812.20$15,694
Apr 2024269,57484.451.66$18,081
Mar 20244213,47280.301.55$24,189
Feb 20243013,12076.091.78$25,684
Jan 20243815,40973.023.30$53,588
Dec 20235211,20871.262.61$32,966
Nov 20235310,44977.892.81$33,464
Oct 20234911,20685.443.09$38,783
Sep 20236015,05889.042.74$46,527
Aug 2023445,13880.522.67$17,276
Jul 2023535,51974.852.64$18,547
Jun 2023474,97568.962.26$14,477
May 202342911,15270.622.23$55,136
Apr 20230078.122.24$0
Mar 202333972.852.39$312
Feb 2023413,28875.112.47$11,187
Jan 2023121,94976.533.39$7,521
Dec 2022999376.415.73$6,377
Nov 202206185.005.65$344
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20224094.529.13$378
Jul 2022457,941101.587.54$64,463
Jun 20228115,030115.097.98$129,220
May 20229215,565109.378.43$141,322
Apr 20229515,361104.226.84$114,933
Mar 202211216,124108.885.08$94,046
Feb 20229215,39891.054.86$83,193
Jan 202213616,52981.844.54$86,134
Dec 202110517,32271.323.90$75,029
Nov 202110217,44277.435.24$99,239
Oct 20218419,99879.795.71$120,968
Sep 20213022,83669.865.35$124,289
Aug 20211066.024.22$66
Jul 2021252,98970.783.98$13,672
Jun 202113120,14369.493.38$77,199
May 20218110,29863.483.02$36,218
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 202117257.805.55$994
Jan 20219514,26150.412.81$44,866
Dec 202010518,80844.642.68$55,007
Nov 20209918,38538.772.71$53,599
Oct 202010219,30836.972.48$51,624
Sep 20209219,02537.091.99$41,292
Aug 20209920,03439.982.39$51,741
Jul 202010020,62138.371.83$41,473
Jun 202012220,24834.901.69$38,483
May 20209421,49816.921.81$40,604
Apr 202012119,23614.751.80$36,494
Mar 2020019,94230.341.86$37,017
Feb 2020018,31149.881.98$36,268
Jan 2020019,73257.252.09$41,333
Dec 2019020,08759.012.30$46,288
Nov 2019020,00455.302.75$55,025
Oct 2019020,90653.472.42$50,562
Sep 2019320,35955.052.66$54,265
Aug 20191621,53853.112.30$50,481
Jul 2019021,62156.272.46$53,189
Jun 2019021,43552.782.49$53,399
May 2019021,76858.482.74$59,651
Apr 2019021,59062.632.75$59,388
Mar 2019022,74656.803.06$69,651
Feb 2019020,86550.852.79$58,260
Jan 2019023,55046.033.23$76,024
Dec 2018023,92446.594.19$100,132
Nov 20182023,98852.934.24$102,702
Oct 201811425,20861.443.40$92,663
Sep 201820625,02859.543.11$90,052
Aug 201822925,68459.403.07$92,364
Jul 201821426,50965.142.93$91,661
Jun 201821926,06060.183.08$93,364
May 201827727,40765.382.90$97,612
Apr 201836927,31063.842.90$102,778
Mar 201827428,11161.222.79$95,115
Feb 201824826,37561.782.77$88,278
Jan 201832729,25962.874.01$137,867
Dec 201730229,60757.272.92$103,793
Nov 201727731,17755.423.12$112,572
Oct 201726430,86749.292.98$105,110
Sep 201720128,86647.523.09$98,669
Aug 2017826,26245.373.00$22,534
Jul 201728330,35043.873.09$106,114
Jun 201717131,23542.493.09$103,697
May 201712715,36745.373.26$55,911
Apr 201725935,57147.933.21$126,654
Mar 201728037,84746.772.98$126,019
Feb 201726535,57050.452.95$118,393
Jan 201729839,98149.413.42$151,411
Dec 201634741,20848.763.72$170,330
Nov 201626141,29442.492.64$120,286
Oct 201629844,16846.193.09$150,255
Sep 201628244,31341.553.10$149,115
Aug 201634546,29141.442.92$149,667
Jul 201634148,36541.622.92$155,628
Jun 201635849,07645.352.69$148,045
May 201641151,54342.521.99$120,100
Apr 201640149,17536.561.99$112,570
Mar 201643852,80433.011.79$109,189
Feb 201650151,17926.472.06$118,876
Jan 201642746,26827.352.36$121,073
Dec 201539956,95132.362.00$126,894
Nov 201553857,25238.792.17$144,953
Oct 201554259,87543.552.43$168,896
Sep 201548060,52642.992.76$187,591
Aug 201552465,32840.162.87$208,698
Jul 201562868,38948.152.95$231,649
Jun 201548556,91956.152.88$191,322
May 201559966,77055.212.96$230,406
Apr 201568472,98049.822.71$231,602
Mar 201577276,40542.892.93$257,338
Feb 201572571,70144.662.98$245,774
Jan 20151,00683,67343.433.10$303,130
Dec 20141,09586,50654.693.59$370,560
Nov 20141,05084,07570.464.25$431,456
Oct 201473451,06778.303.90$256,683
Sep 20141,05367,66486.164.05$364,457
Aug 20141,13774,64489.394.04$402,834
Jul 20141,00278,27996.564.18$423,928
Jun 20141,42678,62498.164.74$512,409
May 20141,65184,60094.734.73$556,266
Apr 20141,71185,83795.944.81$576,954
Mar 20141,73294,38495.895.06$643,362
Feb 20141,56580,91297.406.19$653,438
Jan 20142,217110,73990.404.86$738,688
Dec 20132,414120,32691.824.35$745,611
Nov 20132,675116,81888.853.74$674,372
Oct 20133,223117,28197.423.78$757,232
Sep 20131,9438,935104.113.72$235,504
Aug 20133,005140,674104.253.52$808,811
Jul 20133,507137,741102.523.72$871,623
Jun 20132,794143,76994.403.93$829,256
May 20133,570163,25894.834.15$1,015,914
Apr 20133,611168,53893.964.28$1,061,069
Mar 20133,897177,97293.623.91$1,061,218
Feb 20134,018152,08791.233.42$886,686
Jan 20131,11751,60091.603.42$278,785

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.

Feb 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $ 63.50 =         $0
Gas                  127 Mcf  × $  3.75 =       $476

────────────────────────────────────────────────────
Month total                                     $476

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/271170 is the state's own key, not one this site invented.