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 271296District 01Field 12018200Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$24.1 M
Feb 2013 – May 2026
Value, last 12 filed months
$520 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
CondensateDisposition49,533 bbl$3,798,082
GasProduction5,793,391 Mcf$20,330,505
Total$24,128,587

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 20264011,30798.932.87$36,405
Mar 20264712,62689.753.15$43,983
Feb 2026399,93063.503.75$39,717
Jan 20265711,91959.138.00$98,698
Dec 20254111,63656.664.41$53,677
Nov 20253311,69758.593.93$47,861
Oct 20253412,35959.383.30$42,863
Sep 20253111,76662.743.08$38,148
Aug 20252912,68563.933.01$40,096
Jul 20253112,17666.743.32$42,435
Jun 20253310,77666.483.13$35,909
May 20254112,94060.553.23$44,309
Apr 20254613,12362.363.54$49,365
Mar 20255711,33067.704.27$52,219
Feb 20255611,26970.884.34$52,886
Jan 20256313,03074.324.28$60,433
Dec 20245412,19268.993.12$41,781
Nov 20243912,66369.052.20$30,532
Oct 20244113,32471.372.28$33,324
Sep 20242912,79969.612.36$32,280
Aug 20242713,53375.632.06$29,969
Jul 20242813,63779.932.15$31,511
Jun 20243013,32278.082.63$37,432
May 20243013,76278.812.20$32,619
Apr 20243213,49384.451.66$25,090
Mar 20243914,04680.301.55$24,835
Feb 20244213,26476.091.78$26,854
Jan 20244214,49973.023.30$50,880
Dec 2023815,03071.262.61$39,809
Nov 2023815,20277.892.81$43,304
Oct 20232014,16885.443.09$45,449
Sep 20232215,99589.042.74$45,706
Aug 2023104,92280.522.67$13,961
Jul 20231212,55174.852.64$34,055
Jun 20231513,27168.962.26$31,007
May 20234116,58470.622.23$39,835
Apr 20231816,43578.122.24$38,184
Mar 20235017,70272.852.39$46,006
Feb 20236617,16575.112.47$47,281
Jan 20235821,23376.533.39$76,370
Dec 2022365,33976.415.73$33,338
Nov 20225612,60885.005.65$75,947
Oct 20225514,45587.185.86$89,556
Sep 20223515,47184.888.16$129,271
Aug 20224716,91294.529.13$158,801
Jul 20224317,157101.587.54$133,767
Jun 20224216,751115.097.98$138,460
May 20224117,488109.378.43$151,961
Apr 20224717,108104.226.84$121,876
Mar 20225018,107108.885.08$97,362
Feb 20224016,18991.054.86$82,302
Jan 20226618,01781.844.54$87,157
Dec 20215918,15571.323.90$74,996
Nov 20215617,64977.435.24$96,761
Oct 20215418,25879.795.71$108,633
Sep 20215017,86069.865.35$99,060
Aug 20214718,63666.024.22$81,758
Jul 20215318,85370.783.98$78,825
Jun 20216118,57369.493.38$67,027
May 20216819,37763.483.02$62,790
Apr 20216019,24160.362.76$56,696
Mar 20216021,23261.302.72$61,364
Feb 20214014,53357.805.55$82,940
Jan 20216220,44150.412.81$60,570
Dec 20205820,39144.642.68$57,144
Nov 20205720,12838.772.71$56,688
Oct 20205921,26636.972.48$54,888
Sep 20205221,00737.091.99$43,754
Aug 20205622,07939.982.39$54,900
Jul 20205622,69138.371.83$43,563
Jun 20208122,87234.901.69$41,488
May 20208022,97616.921.81$43,049
Apr 202011423,98214.751.80$44,954
Mar 202011018,21830.341.86$37,154
Feb 202012721,03249.881.98$47,992
Jan 202014722,84557.252.09$56,270
Dec 201913823,25459.012.30$61,729
Nov 201913022,98955.302.75$70,425
Oct 201913423,57253.472.42$64,175
Sep 20199522,59555.052.66$65,271
Aug 201913223,92753.112.30$62,147
Jul 201912023,12456.272.46$63,639
Jun 201910622,86852.782.49$62,563
May 2019024,12658.482.74$66,113
Apr 20192823,70862.632.75$66,967
Mar 201915725,19956.803.06$86,079
Feb 201913723,01850.852.79$71,238
Jan 201917525,70346.033.23$91,029
Dec 201817526,09046.594.19$117,351
Nov 201814725,51752.934.24$115,902
Oct 201816026,95861.443.40$101,436
Sep 201815327,04859.543.11$93,175
Aug 201815828,61059.403.07$97,119
Jul 201814629,03065.142.93$94,623
Jun 201814528,59360.183.08$96,704
May 201813029,86565.382.90$95,132
Apr 201811329,84663.842.90$93,791
Mar 201813231,38061.222.79$95,532
Feb 201811828,75161.782.77$86,819
Jan 201816132,48162.874.01$140,349
Dec 201716833,24557.272.92$106,747
Nov 201715433,35155.423.12$112,535
Oct 201713834,40349.292.98$109,450
Sep 201713633,99647.523.09$111,418
Aug 201714936,52845.373.00$116,505
Jul 201722436,91743.873.09$123,800
Jun 201717135,76242.493.09$117,673
May 201720937,81945.373.26$132,901
Apr 201723637,72047.933.21$132,453
Mar 201726639,68546.772.98$130,848
Feb 201725937,31350.452.95$123,237
Jan 201725441,93949.413.42$155,931
Dec 201632043,68148.763.72$178,220
Nov 201620942,13742.492.64$120,305
Oct 201624044,49146.193.09$148,574
Sep 201626044,55441.553.10$148,948
Aug 201633745,63341.442.92$147,412
Jul 201632647,72241.622.92$153,123
Jun 201633547,66745.352.69$143,218
May 201638851,21142.521.99$118,461
Apr 201639649,10436.561.99$112,246
Mar 201644253,24033.011.79$110,104
Feb 201651846,74426.472.06$110,174
Jan 201649351,15427.352.36$134,430
Dec 201542552,49532.362.00$118,817
Nov 201557452,63338.792.17$136,339
Oct 201552857,65343.552.43$162,894
Sep 201528030,66242.992.76$96,616
Aug 201549266,53540.162.87$210,880
Jul 201562469,84848.152.95$235,754
Jun 201557656,31956.152.88$194,702
May 201571460,43955.212.96$218,044
Apr 201563160,87549.822.71$196,199
Mar 201570066,79942.892.93$226,059
Feb 201536462,87844.662.98$203,393
Jan 201517751,90943.433.10$168,638
Dec 201425814,02754.693.59$64,486
Nov 201464867,30870.464.25$331,841
Oct 201479473,97978.303.90$350,759
Sep 201480471,50786.164.05$358,550
Aug 201488275,23989.394.04$382,440
Jul 201486379,01996.564.18$413,599
Jun 20141,17580,38098.164.74$496,088
May 20141,51888,76894.734.73$563,367
Apr 20141,02655,76195.944.81$366,596
Mar 201479148,71595.895.06$322,191
Feb 20141,30286,88497.406.19$664,801
Jan 20141,744106,24790.404.86$674,095
Dec 20131,601110,67591.824.35$628,936
Nov 20131,556115,35988.853.74$569,495
Oct 20131,423130,58097.423.78$632,137
Sep 20131,135129,641104.113.72$600,136
Aug 20131,694146,654104.253.52$693,204
Jul 20132,123146,297102.523.72$761,544
Jun 20131,438140,28994.403.93$687,561
May 20132,250151,74494.834.15$842,966
Apr 20132,454161,89393.964.28$923,899
Mar 20132,587186,46093.623.91$971,789
Feb 201303,39491.233.42$11,607

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            40 bbl  × $ 98.93 =     $3,957
Gas               11,307 Mcf  × $  2.87 =    $32,448

────────────────────────────────────────────────────
Month total                                  $36,405

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/271296 is the state's own key, not one this site invented.