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 271171District 01Field 12018200Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$22.2 M
Jan 2013 – May 2026
Value, last 12 filed months
$153 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
CondensateDisposition71,389 bbl$5,759,056
GasProduction4,718,366 Mcf$16,429,258
Total$22,188,313

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 2026111,43098.932.87$5,192
Mar 2026161,41889.753.15$5,902
Feb 2026446463.503.75$1,994
Jan 2026212459.138.00$1,110
Dec 2025202,33156.664.41$11,421
Nov 2025305,19258.593.93$22,144
Oct 2025276,22559.383.30$22,176
Sep 2025255,88662.743.08$19,679
Aug 2025235,81163.933.01$18,989
Jul 2025276,34966.743.32$22,850
Jun 2025276,40966.483.13$21,847
May 2025326,38060.553.23$22,560
Apr 2025336,21662.363.54$24,082
Mar 2025326,44567.704.27$29,676
Feb 2025375,97870.884.34$28,572
Jan 2025406,62474.324.28$31,315
Dec 2024416,69768.993.12$23,732
Nov 2024356,67269.052.20$17,085
Oct 2024337,21271.372.28$18,809
Sep 2024275,76769.612.36$15,515
Aug 2024287,28275.632.06$17,145
Jul 2024155,73579.932.15$13,510
Jun 2024115,39178.082.63$15,059
May 2024226,63378.812.20$16,316
Apr 2024164,99884.451.66$9,644
Mar 2024175,06680.301.55$9,193
Feb 2024214,91676.091.78$10,366
Jan 2024405,88973.023.30$22,341
Dec 2023314,03471.262.61$12,741
Nov 2023313,00277.892.81$10,843
Oct 2023284,03785.443.09$14,856
Sep 2023334,95089.042.74$16,477
Aug 2023122,35280.522.67$7,253
Jul 2023333,11374.852.64$10,694
Jun 2023291,60468.962.26$5,622
May 20231891,55770.622.23$16,815
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220276.415.73$11
Nov 20220785.005.65$40
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20222094.529.13$189
Jul 2022182,037101.587.54$17,192
Jun 2022313,734115.097.98$33,355
May 2022568,968109.378.43$81,752
Apr 2022789,167104.226.84$70,809
Mar 20221009,640108.885.08$59,825
Feb 2022788,92591.054.86$50,467
Jan 202210610,35181.844.54$55,645
Dec 20218810,64171.323.90$47,767
Nov 202110410,68577.435.24$64,008
Oct 20218412,13479.795.71$76,034
Sep 20214615,45369.865.35$85,901
Aug 20210066.024.22$0
Jul 202101,96170.783.98$7,809
Jun 2021011,37569.493.38$38,455
May 202101763.483.02$51
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 2021111457.805.55$713
Jan 2021687,70150.412.81$25,070
Dec 202010113,89144.642.68$41,673
Nov 202010715,11138.772.71$45,047
Oct 202011015,89636.972.48$43,464
Sep 20209615,54737.091.99$34,515
Aug 20209616,39639.982.39$42,944
Jul 20209416,79638.371.83$34,262
Jun 202011116,47234.901.69$31,717
May 20209018,08016.921.81$34,333
Apr 202015817,40314.751.80$33,732
Mar 202016718,89630.341.86$40,142
Feb 202013514,96249.881.98$36,369
Jan 202017515,49657.252.09$42,479
Dec 201918216,95159.012.30$49,801
Nov 201917016,78255.302.75$55,563
Oct 201917117,59553.472.42$51,698
Sep 201914616,98755.052.66$53,177
Aug 201915917,91353.112.30$49,722
Jul 201913418,13156.272.46$52,144
Jun 201916418,15052.782.49$53,871
May 201915919,24158.482.74$62,025
Apr 201918419,08362.632.75$64,016
Mar 20199118,78256.803.06$62,681
Feb 2019017,12050.852.79$47,803
Jan 2019319,23646.033.23$62,235
Dec 20187519,60946.594.19$85,567
Nov 201820418,84652.934.24$90,653
Oct 201820221,05661.443.40$83,961
Sep 201819220,79559.543.11$76,063
Aug 201823221,83159.403.07$80,727
Jul 201819822,15065.142.93$77,839
Jun 201820021,72160.183.08$78,870
May 201821822,71865.382.90$80,153
Apr 201822722,56963.842.90$79,960
Mar 201826523,74661.222.79$82,400
Feb 201823221,69961.782.77$74,355
Jan 201831124,45162.874.01$117,584
Dec 201729024,95157.272.92$89,503
Nov 201728025,05855.423.12$93,657
Oct 201727126,23949.292.98$91,646
Sep 201724128,36947.523.09$99,035
Aug 201715515,74245.373.00$54,328
Jul 201725421,72543.873.09$78,214
Jun 201718315,51142.493.09$55,662
May 201712713,54845.373.26$49,975
Apr 201727630,18547.933.21$110,171
Mar 201731033,76646.772.98$115,246
Feb 201729531,14750.452.95$106,847
Jan 201732734,04849.413.42$132,560
Dec 201636134,82348.763.72$147,242
Nov 201627834,51442.492.64$103,079
Oct 201632436,73946.193.09$128,499
Sep 201631337,13541.553.10$128,147
Aug 201636739,09641.442.92$129,538
Jul 201633040,85341.622.92$133,203
Jun 201634841,65045.352.69$127,647
May 201639742,85642.521.99$102,208
Apr 201637642,23736.561.99$97,842
Mar 201641245,75433.011.79$95,683
Feb 201646744,41526.472.06$104,018
Jan 201644246,49027.352.36$122,008
Dec 201537051,09832.362.00$114,241
Nov 201550051,39938.792.17$130,794
Oct 201550253,97543.552.43$152,837
Sep 201542055,23642.992.76$170,420
Aug 201542960,16640.162.87$190,055
Jul 201546964,72448.152.95$213,200
Jun 201536153,92756.152.88$175,734
May 201545661,22855.212.96$206,132
Apr 201554464,30649.822.71$201,151
Mar 201556067,83842.892.93$223,103
Feb 201555063,92144.662.98$214,804
Jan 201582272,39543.433.10$260,170
Dec 201498676,05554.693.59$327,065
Nov 201494177,02770.464.25$393,809
Oct 201494858,31778.303.90$301,721
Sep 20141,04866,00986.164.05$357,331
Aug 201491962,35489.394.04$333,755
Jul 20141,06568,95996.564.18$391,057
Jun 20141,40968,96998.164.74$465,005
May 20141,70474,07694.734.73$511,545
Apr 20141,71875,30995.944.81$526,995
Mar 20141,78682,54695.895.06$588,678
Feb 20141,53872,30797.406.19$597,526
Jan 20142,18093,87390.404.86$653,362
Dec 20132,260101,40791.824.35$649,088
Nov 20132,649105,47388.853.74$629,651
Oct 20132,60799,22297.423.78$628,970
Sep 20131,9678,002104.113.72$234,534
Aug 20132,727127,348104.253.52$732,887
Jul 20133,245126,579102.523.72$803,265
Jun 20132,342129,13394.403.93$729,018
May 20133,336150,00994.834.15$938,752
Apr 20133,696153,78793.964.28$1,005,883
Mar 20134,085174,60393.623.91$1,065,637
Feb 20134,048142,29291.233.42$855,925
Jan 20131,27152,53791.603.42$296,095

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            11 bbl  × $ 98.93 =     $1,088
Gas                1,430 Mcf  × $  2.87 =     $4,104

────────────────────────────────────────────────────
Month total                                   $5,192

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/271171 is the state's own key, not one this site invented.