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 271533District 01Field 12018200Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$21.0 M
Feb 2013 – May 2026
Value, last 12 filed months
$0
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
CondensateDisposition58,462 bbl$4,581,689
GasProduction4,763,228 Mcf$16,418,479
Total$21,000,169

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 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
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 20250060.553.23$0
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 20242069.612.36$139
Aug 2024154,43675.632.06$10,289
Jul 20243812,72079.932.15$30,342
Jun 20244112,39878.082.63$35,857
May 20244113,03778.812.20$31,892
Apr 20244712,95384.451.66$25,461
Mar 20245613,53380.301.55$25,407
Feb 20245912,90376.091.78$27,504
Jan 20246614,28673.023.30$51,930
Dec 20237015,12271.262.61$44,468
Nov 20236816,13277.892.81$50,588
Oct 20236713,97585.443.09$48,869
Sep 2023135,61889.042.74$16,523
Aug 20235615,23780.522.67$45,236
Jul 20235417,91974.852.64$51,380
Jun 20233510,28268.962.26$25,635
May 20238616,59570.622.23$43,037
Apr 20237515,21578.122.24$39,907
Mar 202311816,72272.852.39$48,615
Feb 202312919,68375.112.47$58,221
Jan 202321925,63676.533.39$103,608
Dec 2022422,85276.415.73$19,549
Nov 20225710,08585.005.65$61,787
Oct 2022788,56987.185.86$57,047
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20221091.054.86$91
Jan 2022183,25581.844.54$16,243
Dec 20214011,73671.323.90$48,613
Nov 20214212,22277.435.24$67,257
Oct 20214014,43179.795.71$85,648
Sep 20214014,65169.865.35$81,191
Aug 20214316,12266.024.22$70,883
Jul 20213911,75970.783.98$49,586
Jun 20215914,19469.493.38$52,084
May 20217015,39163.483.02$50,889
Apr 20217115,30860.362.76$46,511
Mar 20217716,86661.302.72$50,544
Feb 20215513,23657.805.55$76,612
Jan 20217113,41650.412.81$41,282
Dec 20205616,08144.642.68$45,524
Nov 20207916,53538.772.71$47,816
Oct 20208818,25136.972.48$48,487
Sep 20208421,52337.091.99$45,969
Aug 2020335,90539.982.39$15,403
Jul 2020318,40138.371.83$16,522
Jun 202010515,57834.901.69$29,996
May 20208315,98416.921.81$30,411
Apr 202012515,72514.751.80$30,218
Mar 202019016,03930.341.86$35,537
Feb 202025315,44049.881.98$43,201
Jan 202027116,42857.252.09$49,927
Dec 201927216,91259.012.30$55,022
Nov 201923816,48955.302.75$58,518
Oct 201923116,80553.472.42$52,995
Sep 201910316,42455.052.66$49,313
Aug 20195717,43953.112.30$43,213
Jul 2019617,38656.272.46$43,108
Jun 2019016,72052.782.49$41,653
May 2019117,52258.482.74$48,074
Apr 2019017,09962.632.75$47,034
Mar 2019018,02256.803.06$55,185
Feb 2019016,55650.852.79$46,228
Jan 2019018,88046.033.23$60,948
Dec 20183020,05546.594.19$85,337
Nov 20189918,23552.934.24$82,506
Oct 201811419,90461.443.40$74,640
Sep 201814319,48259.543.11$69,064
Aug 201816520,40159.403.07$72,362
Jul 201815320,63865.142.93$70,475
Jun 201815520,24360.183.08$71,614
May 201816421,00165.382.90$71,642
Apr 201818420,78363.842.90$72,034
Mar 201821821,72961.222.79$73,901
Feb 201818419,93061.782.77$66,496
Jan 201821022,38062.874.01$102,931
Dec 201719023,17157.272.92$78,576
Nov 201721023,15055.423.12$83,828
Oct 201717421,95749.292.98$74,089
Sep 2017909,12347.523.09$32,442
Aug 2017838,10645.373.00$28,119
Jul 201721030,02843.873.09$101,918
Jun 2017835,99142.493.09$22,023
May 201721327,97945.373.26$100,970
Apr 201728831,83347.933.21$116,039
Mar 201737434,15646.772.98$119,403
Feb 201728531,87150.452.95$108,481
Jan 201731734,93349.413.42$135,092
Dec 201636835,20948.763.72$149,021
Nov 201627234,72042.492.64$103,369
Oct 201631336,67246.193.09$127,783
Sep 201628936,70741.553.10$125,823
Aug 201635438,82141.442.92$128,196
Jul 201635040,53341.622.92$133,099
Jun 201636340,76145.352.69$125,939
May 201640443,73142.521.99$104,248
Apr 201641643,22436.561.99$101,270
Mar 201647946,35933.011.79$98,980
Feb 201649346,65126.472.06$109,320
Jan 201635127,83227.352.36$75,405
Dec 201536947,31832.362.00$106,644
Nov 201549547,42738.792.17$121,991
Oct 201548550,76643.552.43$144,310
Sep 201542350,37542.992.76$157,140
Aug 201552154,17140.162.87$176,529
Jul 201561257,28048.152.95$198,162
Jun 201552250,02556.152.88$173,525
May 201562857,56655.212.96$204,805
Apr 201556758,73249.822.71$187,210
Mar 201568164,59642.892.93$218,779
Feb 201561861,79944.662.98$211,525
Jan 201573355,76543.433.10$204,741
Dec 201475263,43554.693.59$268,945
Nov 201471373,88370.464.25$364,377
Oct 201490576,97278.303.90$371,126
Sep 201492472,40286.164.05$372,510
Aug 201488180,76489.394.04$404,645
Jul 201436050,65796.564.18$246,488
Jun 201454974,47498.164.74$406,664
May 201465379,97594.734.73$439,865
Apr 201464080,53895.944.81$448,719
Mar 20141,14286,95495.895.06$549,215
Feb 201485754,08597.406.19$418,366
Jan 20141,52691,65090.404.86$583,435
Dec 20131,74097,34391.824.35$583,645
Nov 20131,984100,09088.853.74$550,443
Oct 20132,48598,81897.423.78$615,558
Sep 20132,00488,191104.113.72$536,508
Aug 20132,398129,414104.253.52$705,867
Jul 20132,36891,399102.523.72$582,565
Jun 20132,239128,46894.403.93$716,679
May 20133,078144,28894.834.15$890,549
Apr 20133,215151,73493.964.28$951,896
Mar 20133,640171,38493.623.91$1,011,380
Feb 20133,463155,55291.233.42$847,903

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.

Sep 2024 — as filed, then multipliedworked
Condensate             2 bbl  × $ 69.61 =       $139
Gas                    0 Mcf  × $  2.36 =         $0

────────────────────────────────────────────────────
Month total                                     $139

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/271533 is the state's own key, not one this site invented.