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 271525District 01Field 12018200Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$20.5 M
Apr 2013 – May 2026
Value, last 12 filed months
$250 k
at the published price for each month
Months reported
158
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
CondensateDisposition70,143 bbl$5,473,639
GasProduction4,313,473 Mcf$15,065,007
Total$20,538,645

Every month this lease reported (158)

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

158 months

May 202600106.413.05$0
Apr 202695,19698.932.87$15,801
Mar 2026865,58589.753.15$25,308
Feb 2026884,86563.503.75$23,833
Jan 20262052,42759.138.00$31,533
Dec 2025745,12856.664.41$26,825
Nov 2025614,85058.593.93$22,617
Oct 2025332,39959.383.30$9,888
Sep 2025675,86062.743.08$22,234
Aug 2025745,92463.933.01$22,590
Jul 2025846,02366.743.32$25,574
Jun 2025785,81866.483.13$23,388
May 2025866,30960.553.23$25,600
Apr 2025715,95862.363.54$25,537
Mar 2025206,40867.704.27$28,705
Feb 2025395,72570.884.34$27,616
Jan 2025675,72574.324.28$29,475
Dec 2024883,68868.993.12$17,583
Nov 20241484,90069.052.20$20,992
Oct 2024271,57371.372.28$5,516
Sep 2024123,24469.612.36$8,505
Aug 2024106,42875.632.06$14,021
Jul 202406,54979.932.15$14,058
Jun 202406,19778.082.63$16,323
May 202406,38178.812.20$14,028
Apr 202406,04884.451.66$10,035
Mar 202406,08680.301.55$9,404
Feb 202405,76176.091.78$10,276
Jan 202416,07373.023.30$20,100
Dec 202305,98271.262.61$15,617
Nov 202315,75377.892.81$16,230
Oct 202325,96885.443.09$18,596
Sep 202365,66689.042.74$16,031
Aug 202345,85380.522.67$15,966
Jul 2023175,84974.852.64$16,724
Jun 20232264,61068.962.26$25,997
May 202315,55170.622.23$12,435
Apr 202384,75678.122.24$11,268
Mar 2023445,32372.852.39$15,944
Feb 2023444,55175.112.47$14,526
Jan 2023185,08576.533.39$18,604
Dec 202264,49776.415.73$26,222
Nov 2022233,96185.005.65$24,320
Oct 2022464,47687.185.86$30,256
Sep 2022414,28484.888.16$38,453
Aug 2022423,37494.529.13$34,765
Jul 2022384,112101.587.54$34,873
Jun 2022563,813115.097.98$36,862
May 2022614,002109.378.43$40,421
Apr 2022543,601104.226.84$30,250
Mar 2022653,563108.885.08$25,164
Feb 2022472,70191.054.86$17,403
Jan 2022402,43081.844.54$14,300
Dec 2021211,65371.323.90$7,943
Nov 2021631077.435.24$2,088
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20219066.024.22$594
Jul 20211076,90970.783.98$35,086
Jun 2021857,29069.493.38$30,551
May 20211157,73863.483.02$30,651
Apr 20211146,90060.362.76$25,914
Mar 20211257,52761.302.72$28,113
Feb 2021544,50657.805.55$28,120
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20206039.982.39$240
Jul 2020394,64738.371.83$9,978
Jun 20208213,88034.901.69$26,323
May 20208116,96116.921.81$32,150
Apr 20207014,70014.751.80$27,557
Mar 20202512,79730.341.86$24,513
Feb 20204710,31949.881.98$22,783
Jan 20209811,41457.252.09$29,520
Dec 201913517,61559.012.30$48,558
Nov 201915612,79755.302.75$43,828
Oct 201921917,57253.472.42$54,209
Sep 201919117,55755.052.66$57,168
Aug 201922819,18653.112.30$56,321
Jul 201920916,68656.272.46$52,809
Jun 201922414,89252.782.49$48,922
May 201922817,55858.482.74$61,448
Apr 201926517,31662.632.75$64,228
Mar 201931917,95556.803.06$73,099
Feb 201927616,65450.852.79$60,536
Jan 201934517,62046.033.23$72,761
Dec 201834318,01246.594.19$91,369
Nov 201828417,65052.934.24$89,819
Oct 201828818,45261.443.40$80,396
Sep 201826819,00559.543.11$75,024
Aug 201819120,75559.403.07$74,992
Jul 201821,68265.142.93$5,062
Jun 20184060.183.08$241
May 2018151365.382.90$1,018
Apr 201820063.842.90$1,277
Mar 201820810,92661.222.79$43,183
Feb 201836026,20661.782.77$94,730
Jan 201837829,45062.874.01$141,839
Dec 201736029,58357.272.92$107,045
Nov 201736429,75355.423.12$112,953
Oct 201731030,86649.292.98$107,374
Sep 201729129,32347.523.09$104,357
Aug 201727631,85845.373.00$108,236
Jul 201735532,07043.873.09$114,583
Jun 201729932,64042.493.09$113,473
May 201733335,73545.373.26$131,726
Apr 201731734,65347.933.21$126,485
Mar 201731736,25746.772.98$123,005
Feb 201735532,78950.452.95$114,723
Jan 201737935,24749.413.42$139,229
Dec 201641535,80048.763.72$153,513
Nov 201632535,76042.492.64$108,371
Oct 201635738,45446.193.09$135,323
Sep 201632837,38741.553.10$129,552
Aug 201640039,44341.442.92$131,921
Jul 201641341,19441.622.92$137,654
Jun 201642541,44445.352.69$130,585
May 201646344,85142.521.99$108,987
Apr 201644343,41436.561.99$102,635
Mar 201649345,67833.011.79$98,221
Feb 201657542,06426.472.06$102,025
Jan 201660645,60027.352.36$124,389
Dec 201555147,68432.362.00$113,266
Nov 201574248,62938.792.17$134,177
Oct 201565951,66143.552.43$154,059
Sep 201537753,09042.992.76$162,652
Aug 201538157,69240.162.87$181,021
Jul 201538260,54448.152.95$196,700
Jun 201546557,88956.152.88$192,996
May 201565857,27955.212.96$205,613
Apr 201578462,89949.822.71$209,299
Mar 201580369,00242.892.93$236,942
Feb 201564261,98044.662.98$213,136
Jan 20151,05170,99743.433.10$265,780
Dec 20141,09871,91154.693.59$318,308
Nov 20141,01875,53570.464.25$392,891
Oct 20141,14581,26878.303.90$406,677
Sep 20141,15884,45986.164.05$441,447
Aug 20141,31596,29089.394.04$506,090
Jul 20141,325101,73496.564.18$553,149
Jun 20141,34655,81298.164.74$396,498
May 20141,95383,98994.734.73$581,987
Apr 20142,07885,70895.944.81$611,543
Mar 20142,26090,34195.895.06$673,548
Feb 20141,95479,41097.406.19$682,026
Jan 20142,66893,13190.404.86$693,871
Dec 20132,608100,82391.824.35$678,498
Nov 20132,834100,90388.853.74$629,005
Oct 20133,138115,16297.423.78$740,943
Sep 20132,604112,893104.113.72$690,809
Aug 20133,369128,148104.253.52$802,634
Jul 20134,110129,024102.523.72$901,035
Jun 20133,219134,99294.403.93$834,852
May 20133,691157,96194.834.15$1,005,410
Apr 201302,77193.964.28$11,867

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             9 bbl  × $ 98.93 =       $890
Gas                5,196 Mcf  × $  2.87 =    $14,911

────────────────────────────────────────────────────
Month total                                  $15,801

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/271525 is the state's own key, not one this site invented.