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 271173District 01Field 12018200Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$23.9 M
Jan 2013 – May 2026
Value, last 12 filed months
$6 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
CondensateDisposition76,500 bbl$6,120,925
GasProduction5,131,002 Mcf$17,754,672
Total$23,875,597

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 20260063.503.75$0
Jan 2026014959.138.00$1,192
Dec 2025057956.664.41$2,555
Nov 2025046758.593.93$1,834
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 202501860.553.23$58
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
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 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 202402180.301.55$32
Feb 2024045776.091.78$815
Jan 2024373,88473.023.30$15,510
Dec 20230071.262.61$0
Nov 2023643577.892.81$1,689
Oct 2023383,56985.443.09$14,265
Sep 2023363,61389.042.74$13,087
Aug 202351,62880.522.67$4,754
Jul 2023272,22174.852.64$7,888
Jun 2023292,10668.962.26$6,756
May 2023312,05370.622.23$6,762
Apr 2023331,80578.122.24$6,617
Mar 2023171,63172.852.39$5,142
Feb 2023283075.112.47$2,197
Jan 2023753776.533.39$2,355
Dec 20222965076.415.73$5,940
Nov 2022211185.005.65$797
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20221094.529.13$95
Jul 2022142,604101.587.54$21,062
Jun 2022334,871115.097.98$42,655
May 2022364,982109.378.43$45,951
Apr 2022374,674104.226.84$35,815
Mar 2022474,665108.885.08$28,799
Feb 2022363,80391.054.86$21,756
Jan 2022574,59481.844.54$25,511
Dec 2021655,33771.323.90$25,445
Nov 2021653,73777.435.24$24,603
Oct 20211535,77379.795.71$45,194
Sep 202122010,14269.865.35$69,638
Aug 20216066.024.22$396
Jul 20211221,91370.783.98$16,253
Jun 202160513,10769.493.38$86,351
May 20211382,80163.483.02$17,213
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 202111057.805.55$636
Jan 20216410,63950.412.81$33,125
Dec 20208418,82644.642.68$54,118
Nov 20207818,52838.772.71$53,171
Oct 20208019,52336.972.48$51,344
Sep 20207319,38537.091.99$41,304
Aug 20207820,04239.982.39$50,921
Jul 20207920,16438.371.83$39,833
Jun 20209919,62034.901.69$36,619
May 20208420,89416.921.81$39,339
Apr 202015319,01614.751.80$36,569
Mar 202016319,74930.341.86$41,604
Feb 202014918,10349.881.98$43,288
Jan 202015919,62557.252.09$50,212
Dec 201915720,10459.012.30$55,591
Nov 201914520,08455.302.75$63,264
Oct 201914721,14153.472.42$58,990
Sep 201912120,41955.052.66$60,920
Aug 201913321,45653.112.30$56,506
Jul 201912921,60056.272.46$60,396
Jun 201919321,34652.782.49$63,364
May 201913922,26558.482.74$69,142
Apr 201916321,95762.632.75$70,606
Mar 201919822,85256.803.06$81,222
Feb 201917020,46350.852.79$65,782
Jan 201920823,08946.033.23$84,110
Dec 201822323,56546.594.19$109,019
Nov 201820223,98752.934.24$112,331
Oct 201816725,37961.443.40$96,500
Sep 201814225,17359.543.11$86,692
Aug 201810526,54559.403.07$87,639
Jul 201816127,46265.142.93$91,003
Jun 201816627,10160.183.08$93,377
May 201818228,73965.382.90$95,265
Apr 201819129,05463.842.90$96,473
Mar 201822931,10061.222.79$100,690
Feb 201818929,05061.782.77$92,032
Jan 201821932,33562.874.01$143,410
Dec 201725435,89157.272.92$119,403
Nov 201727237,05255.423.12$130,616
Oct 201728433,88949.292.98$115,112
Sep 201727536,21947.523.09$124,886
Aug 201718119,40245.373.00$66,503
Jul 201728926,45643.873.09$94,356
Jun 201723337,74642.493.09$126,433
May 201717619,60445.373.26$71,961
Apr 201717919,19347.933.21$70,220
Mar 201729438,39746.772.98$128,315
Feb 201728635,12950.452.95$118,151
Jan 201731938,62349.413.42$147,806
Dec 201637039,57948.763.72$165,387
Nov 201631039,29142.492.64$117,071
Oct 201640342,71146.193.09$150,603
Sep 201630643,12141.553.10$146,417
Aug 201638244,61041.442.92$146,285
Jul 201641946,48941.622.92$153,388
Jun 201640646,57145.352.69$143,494
May 201647548,32042.521.99$116,404
Apr 201647947,67736.561.99$112,439
Mar 201651651,26033.011.79$108,994
Feb 201656147,79526.472.06$113,481
Jan 201650251,71227.352.36$135,995
Dec 201543255,88132.362.00$125,820
Nov 201557855,55838.792.17$142,833
Oct 201557459,42543.552.43$169,197
Sep 201550359,27442.992.76$185,127
Aug 201565964,52240.162.87$211,804
Jul 201562567,67448.152.95$229,399
Jun 201553955,93456.152.88$191,515
May 201564563,07555.212.96$222,025
Apr 201576270,96749.822.71$230,040
Mar 201588777,61842.892.93$265,830
Feb 201568972,98844.662.98$247,997
Jan 201587884,36743.433.10$299,722
Dec 201498188,07154.693.59$369,946
Nov 201455088,00970.464.25$412,953
Oct 201484067,77178.303.90$330,144
Sep 20141,17188,05086.164.05$457,094
Aug 20141,16773,22789.394.04$399,798
Jul 20141,13577,11796.564.18$431,914
Jun 20141,48377,07898.164.74$510,681
May 20141,85384,31994.734.73$574,074
Apr 20141,87182,42495.944.81$575,891
Mar 20142,18293,03695.895.06$679,696
Feb 20141,44567,19997.406.19$556,839
Jan 20142,59479,78390.404.86$622,300
Dec 20132,682114,39591.824.35$744,392
Nov 20133,251119,15988.853.74$734,301
Oct 20133,637117,86897.423.78$799,782
Sep 20131,8229,112104.113.72$223,564
Aug 20132,945144,776104.253.52$817,006
Jul 20133,415140,385102.523.72$872,021
Jun 20132,790153,94794.403.93$868,913
May 20133,916173,51194.834.15$1,091,265
Apr 20133,792175,36093.964.28$1,107,291
Mar 20133,430195,17193.623.91$1,084,795
Feb 20133,581145,01991.233.42$822,647
Jan 201365832,04891.603.42$169,874

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.

Jan 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $ 59.13 =         $0
Gas                  149 Mcf  × $  8.00 =     $1,192

────────────────────────────────────────────────────
Month total                                   $1,192

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/271173 is the state's own key, not one this site invented.