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 271295District 01Field 12018200Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$15.3 M
Feb 2013 – May 2026
Value, last 12 filed months
$96 k
at the published price for each month
Months reported
160
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
CondensateDisposition40,576 bbl$3,448,402
GasProduction3,187,520 Mcf$11,813,787
Total$15,262,189

Every month this lease reported (160)

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

160 months

May 202600106.413.05$0
Apr 202652,50798.932.87$7,689
Mar 202621,45989.753.15$4,775
Feb 202671,96263.503.75$7,803
Jan 202651,99859.138.00$16,275
Dec 202572,25556.664.41$10,349
Nov 2025142,21558.593.93$9,517
Oct 2025122,42159.383.30$8,714
Sep 202582,28962.743.08$7,545
Aug 202561,97863.933.01$6,347
Jul 2025122,38466.743.32$8,704
Jun 202592,31366.483.13$7,835
May 202562,27560.553.23$7,717
Apr 2025132,20662.363.54$8,627
Mar 2025152,31067.704.27$10,875
Feb 2025192,17770.884.34$10,797
Jan 2025272,42674.324.28$12,387
Dec 2024182,42268.993.12$8,802
Nov 2024132,33069.052.20$6,020
Oct 2024102,48271.372.28$6,376
Sep 202442,34469.612.36$5,821
Aug 202462,33875.632.06$5,279
Jul 202462,50079.932.15$5,846
Jun 202442,40778.082.63$6,652
May 202452,40278.812.20$5,675
Apr 202472,29384.451.66$4,396
Mar 202482,42180.301.55$4,383
Feb 202492,20576.091.78$4,618
Jan 202472,54573.023.30$8,904
Dec 202382,58771.262.61$7,324
Nov 2023202,50177.892.81$8,580
Oct 2023785185.443.09$3,225
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 2023142,50574.852.64$7,666
Jun 202393,32668.962.26$8,132
May 202393,57070.622.23$8,587
Apr 202383,48978.122.24$8,433
Mar 2023143,73972.852.39$9,968
Feb 2023194,07475.112.47$11,472
Jan 2023131,79976.533.39$7,089
Dec 2022412,56176.415.73$17,805
Nov 202292,25185.005.65$13,475
Oct 202263,66287.185.86$21,996
Sep 202292,90784.888.16$24,496
Aug 202273,43894.529.13$32,041
Jul 2022173,542101.587.54$28,441
Jun 202263,569115.097.98$29,161
May 2022103,738109.378.43$32,616
Apr 2022113,679104.226.84$26,302
Mar 2022133,897108.885.08$21,198
Feb 202223,56391.054.86$17,494
Jan 202283,98081.844.54$18,715
Dec 2021194,03571.323.90$17,088
Nov 2021193,93177.435.24$22,057
Oct 2021174,08079.795.71$24,669
Sep 2021133,93369.865.35$21,953
Aug 2021124,11466.024.22$18,156
Jul 2021144,20270.783.98$17,724
Jun 2021114,19769.493.38$14,953
May 2021114,19263.483.02$13,348
Apr 2021184,21960.362.76$12,724
Mar 2021244,62061.302.72$14,023
Feb 2021173,37157.805.55$19,685
Jan 2021234,43950.412.81$13,634
Dec 2020144,46744.642.68$12,576
Nov 2020194,35438.772.71$12,521
Oct 2020234,59036.972.48$12,226
Sep 2020124,46437.091.99$9,333
Aug 2020114,73939.982.39$11,743
Jul 2020164,89538.371.83$9,548
Jun 2020205,15634.901.69$9,413
May 202084,40416.921.81$8,128
Apr 2020194,40114.751.80$8,221
Mar 2020224,90930.341.86$9,780
Feb 2020294,40349.881.98$10,167
Jan 2020335,10557.252.09$12,583
Dec 2019283,75159.012.30$10,296
Nov 2019365,07555.302.75$15,951
Oct 2019254,62153.472.42$12,513
Sep 201924,50055.052.66$12,068
Aug 201904,77453.112.30$11,001
Jul 201965,08156.272.46$12,837
Jun 2019225,03752.782.49$13,709
May 201905,64658.482.74$15,472
Apr 201905,69062.632.75$15,651
Mar 201905,98156.803.06$18,314
Feb 201935,51350.852.79$15,546
Jan 2019216,27446.033.23$21,220
Dec 2018375,61046.594.19$25,204
Nov 2018396,20052.934.24$28,335
Oct 2018356,58761.443.40$24,534
Sep 2018306,57959.543.11$22,234
Aug 2018397,01259.403.07$23,819
Jul 2018327,17765.142.93$23,127
Jun 2018397,15560.183.08$24,362
May 2018457,49065.382.90$24,669
Apr 2018457,10663.842.90$23,486
Mar 2018497,83661.222.79$24,837
Feb 2018297,01761.782.77$21,201
Jan 2018449,08862.874.01$39,203
Dec 2017499,07957.272.92$29,331
Nov 2017539,35755.423.12$32,116
Oct 20175110,18849.292.98$32,912
Sep 2017457,90247.523.09$26,534
Aug 2017469,43445.373.00$30,431
Jul 2017609,88543.873.09$33,150
Jun 20174410,03242.493.09$32,841
May 20175610,86745.373.26$38,004
Apr 2017709,39247.933.21$33,518
Mar 20178311,15146.772.98$37,153
Feb 20178210,55350.452.95$35,296
Jan 20179212,44549.413.42$47,093
Dec 201610613,63048.763.72$55,911
Nov 20167313,90642.492.64$39,874
Oct 20166611,10246.193.09$37,357
Sep 20167614,68041.553.10$48,675
Aug 20169716,01741.442.92$50,859
Jul 20169817,36241.622.92$54,851
Jun 201610918,00445.352.69$53,299
May 201614518,96542.521.99$43,925
Apr 201614219,49936.561.99$44,015
Mar 201616421,09933.011.79$43,265
Feb 201620822,71926.472.06$52,389
Jan 201619825,05427.352.36$64,652
Dec 201516926,71532.362.00$58,937
Nov 201520928,76038.792.17$70,440
Oct 201517335,02043.552.43$92,513
Sep 201512113,38742.992.76$42,129
Aug 201534851,77840.162.87$162,707
Jul 201544755,67548.152.95$185,490
Jun 201543047,31256.152.88$160,538
May 201551748,98255.212.96$173,307
Apr 201552450,08449.822.71$161,662
Mar 201555756,30742.892.93$189,134
Feb 201550653,34544.662.98$181,363
Jan 201549845,64043.433.10$163,141
Dec 201431412,32154.693.59$61,422
Nov 201455655,32570.464.25$274,409
Oct 201462660,82478.303.90$286,288
Sep 201467860,63586.164.05$303,712
Aug 201474363,59989.394.04$323,046
Jul 201473167,05696.564.18$350,853
Jun 201499668,60298.164.74$422,727
May 20141,31477,04894.734.73$488,647
Apr 20141,34165,91395.944.81$445,639
Mar 201467640,85695.895.06$271,422
Feb 20141,05571,06897.406.19$542,810
Jan 20141,54585,66790.404.86$556,071
Dec 20131,52991,07191.824.35$536,960
Nov 20131,44394,94488.853.74$483,138
Oct 20131,389106,51897.423.78$537,886
Sep 20131,015107,262104.113.72$504,444
Aug 20131,847123,974104.253.52$629,262
Jul 20132,809126,754102.523.72$759,217
Jun 20132,093125,48494.403.93$691,159
May 20133,372123,48994.834.15$832,133
Apr 20132,911146,46693.964.28$900,771
Mar 20133,327178,46893.623.91$1,009,796
Feb 201303,73791.233.42$12,780

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             5 bbl  × $ 98.93 =       $495
Gas                2,507 Mcf  × $  2.87 =     $7,194

────────────────────────────────────────────────────
Month total                                   $7,689

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/271295 is the state's own key, not one this site invented.