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 271174District 01Field 12018200Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$24.2 M
Jan 2013 – May 2026
Value, last 12 filed months
$376 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
CondensateDisposition79,207 bbl$6,232,097
GasProduction5,147,111 Mcf$18,014,726
Total$24,246,823

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 2026118,15598.932.87$24,491
Mar 202615,49789.753.15$17,402
Feb 202634,75763.503.75$18,031
Jan 2026235,61559.138.00$46,268
Dec 2025356,67456.664.41$31,438
Nov 2025299,61658.593.93$39,456
Oct 20253111,99759.383.30$41,489
Sep 20253011,59762.743.08$37,565
Aug 20252912,21963.933.01$38,691
Jul 20253312,20166.743.32$42,651
Jun 20253211,55366.483.13$38,273
May 20253612,26760.553.23$41,831
Apr 20254012,55762.363.54$46,985
Mar 20253011,76867.704.27$52,261
Feb 20254211,66570.884.34$53,613
Jan 2025411,02574.324.28$47,470
Dec 20244411,27368.993.12$38,223
Nov 20243712,19869.052.20$29,371
Oct 20243513,05071.372.28$32,270
Sep 20243212,76169.612.36$32,399
Aug 20243113,63775.632.06$30,486
Jul 20243013,45679.932.15$31,282
Jun 20245413,59978.082.63$40,036
May 20243514,75478.812.20$35,194
Apr 20244716,41284.451.66$31,200
Mar 2024329,59980.301.55$17,401
Feb 2024124,57176.091.78$9,066
Jan 20245113,73273.023.30$49,007
Dec 20236213,59471.262.61$39,908
Nov 20235912,95277.892.81$40,959
Oct 20235813,81685.443.09$47,609
Sep 20235915,24589.042.74$46,949
Aug 2023348,59980.522.67$25,722
Jul 2023698,28674.852.64$27,055
Jun 2023858,89968.962.26$25,960
May 2023558,42570.622.23$22,650
Apr 2023608,56178.122.24$23,845
Mar 2023608,86672.852.39$25,589
Feb 2023648,00575.112.47$24,545
Jan 2023899,58676.533.39$39,286
Dec 20221127,99076.415.73$54,333
Nov 2022838,75985.005.65$56,510
Oct 20228211,77587.185.86$76,195
Sep 2022588,23784.888.16$72,167
Aug 20222094.529.13$189
Jul 2022264,637101.587.54$37,614
Jun 2022538,664115.097.98$75,214
May 2022589,028109.378.43$82,477
Apr 2022618,734104.226.84$66,077
Mar 2022749,142108.885.08$54,466
Feb 2022628,35291.054.86$46,226
Jan 2022849,27781.844.54$48,971
Dec 2021749,53371.323.90$42,448
Nov 2021918,62177.435.24$52,193
Oct 2021599,85979.795.71$61,041
Sep 20216311,75969.865.35$67,323
Aug 20211066.024.22$66
Jul 2021131,41270.783.98$6,543
Jun 2021528,43769.493.38$32,136
May 202103863.483.02$115
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 202111057.805.55$636
Jan 2021755,80550.412.81$20,094
Dec 202013715,75944.642.68$48,278
Nov 202012515,76338.772.71$47,510
Oct 202011316,72036.972.48$45,617
Sep 202012017,76337.091.99$39,818
Aug 20207513,39739.982.39$34,952
Jul 2020678,53838.371.83$18,154
Jun 202013415,18934.901.69$30,351
May 20208016,57916.921.81$31,440
Apr 20203717,54414.751.80$32,202
Mar 202013811,60930.341.86$25,736
Feb 202018114,18249.881.98$37,118
Jan 202019916,52057.252.09$45,998
Dec 201910916,10959.012.30$43,553
Nov 201919815,48555.302.75$53,544
Oct 201921116,61753.472.42$51,471
Sep 201917416,31555.052.66$52,932
Aug 201914217,16753.112.30$47,101
Jul 20198617,03256.272.46$46,739
Jun 20198917,00652.782.49$47,063
May 20192117,68358.482.74$49,685
Apr 20192417,38662.632.75$49,327
Mar 2019018,29456.803.06$56,018
Feb 2019616,80950.852.79$47,240
Jan 20198618,92146.033.23$65,039
Dec 201830019,13446.594.19$94,061
Nov 201819618,91352.934.24$90,513
Oct 201813619,54561.443.40$74,771
Sep 201824819,51959.543.11$75,431
Aug 201821520,60259.403.07$75,948
Jul 201816521,21665.142.93$72,951
Jun 201823920,77660.183.08$78,309
May 201825421,65365.382.90$79,418
Apr 201824021,69363.842.90$78,249
Mar 201824923,02261.222.79$79,402
Feb 201817421,21361.782.77$69,427
Jan 201826624,61862.874.01$115,425
Dec 201736124,46557.272.92$92,149
Nov 201734825,29955.423.12$98,178
Oct 201734225,81649.292.98$93,884
Sep 201733626,79847.523.09$98,700
Aug 201727321,02845.373.00$75,563
Jul 201731619,71743.873.09$74,735
Jun 201713414,57442.493.09$50,688
May 201732045.373.26$1,452
Apr 201720215,99747.933.21$61,058
Mar 201739038,98446.772.98$134,556
Feb 201738735,25850.452.95$123,627
Jan 201743038,83649.413.42$154,019
Dec 201647739,51448.763.72$170,362
Nov 201634439,82842.492.64$119,936
Oct 201640342,91446.193.09$151,230
Sep 201637342,06241.553.10$145,917
Aug 201644143,67941.442.92$146,007
Jul 201643845,56741.622.92$151,483
Jun 201642845,41445.352.69$141,384
May 201649248,32342.521.99$117,133
Apr 201650746,97136.561.99$112,057
Mar 201655149,74833.011.79$107,437
Feb 201657148,26926.472.06$114,724
Jan 201659251,17327.352.36$137,183
Dec 201550454,91032.362.00$126,207
Nov 201566353,06938.792.17$140,736
Oct 201564958,57943.552.43$170,411
Sep 201556358,24842.992.76$184,876
Aug 201563763,12340.162.87$206,902
Jul 201575765,56148.152.95$229,532
Jun 201560959,98356.152.88$207,118
May 201577362,24155.212.96$226,627
Apr 201588566,41349.822.71$223,842
Mar 201597872,58142.892.93$254,951
Feb 201579268,44944.662.98$239,088
Jan 20151,05078,98643.433.10$290,508
Dec 20141,23182,22554.693.59$362,623
Nov 20141,14682,47270.464.25$431,405
Oct 201491249,88478.303.90$266,005
Sep 20141,16970,33486.164.05$385,253
Aug 20141,28275,84089.394.04$420,621
Jul 20141,22779,78596.564.18$451,949
Jun 20141,62680,34298.164.74$540,179
May 20141,89886,35694.734.73$587,964
Apr 20141,93887,39795.944.81$606,234
Mar 20141,98895,15895.895.06$671,824
Feb 20141,69783,33897.406.19$681,317
Jan 20142,554108,15990.404.86$756,612
Dec 20132,670114,15791.824.35$742,254
Nov 20132,952118,45788.853.74$705,111
Oct 20133,321112,90097.423.78$750,222
Sep 2013514104.113.72$573
Aug 20132,65691,809104.253.52$600,295
Jul 20133,509126,885102.523.72$831,468
Jun 20132,757134,71794.403.93$790,158
May 20134,115154,01094.834.15$1,029,225
Apr 20133,766157,87993.964.28$1,029,984
Mar 20133,917169,83993.623.91$1,031,267
Feb 20133,994141,19491.233.42$847,243
Jan 201381832,19491.603.42$185,029

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                8,155 Mcf  × $  2.87 =    $23,403

────────────────────────────────────────────────────
Month total                                  $24,491

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/271174 is the state's own key, not one this site invented.