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 271535District 01Field 12018200Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$17.9 M
Feb 2013 – May 2026
Value, last 12 filed months
$131 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
CondensateDisposition44,983 bbl$3,517,809
GasProduction4,096,138 Mcf$14,394,189
Total$17,911,998

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 2026211,99298.932.87$7,794
Mar 20263089.753.15$269
Feb 2026322,37663.503.75$10,943
Jan 2026452,85359.138.00$25,479
Dec 2025362,88456.664.41$14,768
Nov 2025382,80758.593.93$13,248
Oct 2025332,99859.383.30$11,867
Sep 2025303,00362.743.08$11,122
Aug 2025292,70363.933.01$10,003
Jul 2025323,32066.743.32$13,142
Jun 2025353,34666.483.13$12,796
May 2025211,91860.553.23$7,471
Apr 2025141,84462.363.54$7,407
Mar 20252288967.704.27$5,284
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 20243069.612.36$209
Aug 2024342,00275.632.06$6,703
Jul 2024654,04779.932.15$13,883
Jun 2024914,38678.082.63$18,658
May 20241205,47678.812.20$21,496
Apr 20241255,26884.451.66$19,297
Mar 2024333,13680.301.55$7,495
Feb 202405,69176.091.78$10,151
Jan 202408,05873.023.30$26,573
Dec 202309,93971.262.61$25,948
Nov 2023013,95977.892.81$39,191
Oct 202303,80185.443.09$11,735
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 202305,13774.852.64$13,571
Jun 202306,77168.962.26$15,292
May 202307,11870.622.23$15,855
Apr 202307,00978.122.24$15,684
Mar 202307,35572.852.39$17,602
Feb 202307,32575.112.47$18,061
Jan 202307,07276.533.39$23,958
Dec 202208,46476.415.73$48,491
Nov 202203,05885.005.65$17,266
Oct 202207,02287.185.86$41,175
Sep 202206,59884.888.16$53,864
Aug 202206,90594.529.13$63,023
Jul 202207,096101.587.54$53,519
Jun 202207,037115.097.98$56,136
May 202207,376109.378.43$62,202
Apr 202207,690104.226.84$52,581
Mar 202206,050108.885.08$30,712
Feb 202206,78691.054.86$32,972
Jan 202207,72581.844.54$35,054
Dec 202107,74371.323.90$30,191
Nov 202107,52377.435.24$39,397
Oct 202107,79179.795.71$44,517
Sep 202107,73269.865.35$41,373
Aug 202108,14166.024.22$34,360
Jul 202108,37970.783.98$33,366
Jun 202108,10969.493.38$27,413
May 202108,19863.483.02$24,739
Apr 202107,97660.362.76$22,001
Mar 202108,82061.302.72$23,963
Feb 202107,04157.805.55$39,063
Jan 202108,93850.412.81$25,118
Dec 202018,73244.642.68$23,407
Nov 202008,59238.772.71$23,255
Oct 2020210,03436.972.48$24,943
Sep 20201310,25837.091.99$20,906
Aug 20202210,76039.982.39$26,543
Jul 20202411,13338.371.83$21,240
Jun 20203611,18034.901.69$20,154
May 20203110,43016.921.81$19,452
Apr 20204910,39814.751.80$19,485
Mar 20206510,97730.341.86$22,348
Feb 20206410,40549.881.98$23,801
Jan 20207211,43557.252.09$28,075
Dec 20197212,33559.012.30$32,673
Nov 2019468,65755.302.75$26,357
Oct 20196112,02053.472.42$32,333
Sep 20195112,39555.052.66$35,745
Aug 20194610,60253.112.30$26,874
Jul 20194912,51656.272.46$33,547
Jun 20196312,24852.782.49$33,837
May 20196313,00558.482.74$39,322
Apr 20197713,10562.632.75$40,870
Mar 20199714,14456.803.06$48,820
Feb 20198213,24850.852.79$41,161
Jan 20199913,73546.033.23$48,896
Dec 201810915,74146.594.19$70,961
Nov 20187213,13452.934.24$59,463
Oct 20184013,63961.443.40$48,804
Sep 20186814,28859.543.11$48,456
Aug 20188216,46759.403.07$55,368
Jul 20189217,71665.142.93$57,934
Jun 201812714,12460.183.08$51,101
May 201812516,87865.382.90$57,132
Apr 201810517,66463.842.90$57,943
Mar 201813318,87161.222.79$60,733
Feb 20189820,38661.782.77$62,445
Jan 2018123,26062.874.01$13,825
Dec 2017475,37657.272.92$18,398
Nov 201710218,47255.423.12$63,255
Oct 20175517,56149.292.98$55,107
Sep 20175910,16847.523.09$34,195
Aug 20175913,77245.373.00$44,053
Jul 201712619,35543.873.09$65,282
Jun 201710821,29642.493.09$70,336
May 201712022,77145.373.26$79,755
Apr 201713723,45347.933.21$81,888
Mar 201717625,45046.772.98$84,166
Feb 201718624,95150.452.95$83,054
Jan 201722927,96349.413.42$106,915
Dec 201629232,56748.763.72$135,479
Nov 201620931,12742.492.64$91,191
Oct 201625033,51046.193.09$115,102
Sep 201623234,56941.553.10$116,825
Aug 201629937,03941.442.92$120,705
Jul 201630039,33441.622.92$127,512
Jun 201632540,21645.352.69$122,752
May 201637643,63542.521.99$102,867
Apr 201639745,04136.561.99$104,193
Mar 201644950,52333.011.79$105,460
Feb 201647349,53826.472.06$114,748
Jan 201649553,69527.352.36$140,493
Dec 201546155,09832.362.00$125,192
Nov 201572059,98038.792.17$157,925
Oct 201578477,14343.552.43$221,337
Sep 201531328,46242.992.76$91,966
Aug 201541854,66440.162.87$173,809
Jul 201540157,79748.152.95$189,525
Jun 201541655,10956.152.88$182,230
May 201557257,39355.212.96$201,202
Apr 201563263,15649.822.71$202,422
Mar 201570269,24142.892.93$233,311
Feb 201558666,14744.662.98$223,037
Jan 20151144,65543.433.10$19,384
Dec 201469249,15254.693.59$214,368
Nov 201467070.464.25$4,721
Oct 201480255,74778.303.90$280,263
Sep 201485463,04186.164.05$328,609
Aug 201473462,05189.394.04$315,995
Jul 201459965,36996.564.18$331,056
Jun 201466566,65098.164.74$380,989
May 201463573,17794.734.73$406,029
Apr 201459460,22395.944.81$346,608
Mar 201472149,16295.895.06$317,739
Feb 20141,14375,47897.406.19$578,688
Jan 20141,56591,23390.404.86$584,934
Dec 20131,85596,56991.824.35$590,834
Nov 20131,82289,44388.853.74$496,248
Oct 20131,688100,47797.423.78$544,184
Sep 20131,57599,751104.113.72$534,822
Aug 20131,320114,206104.253.52$539,913
Jul 20131,795112,057102.523.72$600,622
Jun 20131,962116,48494.403.93$643,392
May 20132,720133,08094.834.15$810,097
Apr 20132,724145,09493.964.28$877,325
Mar 20133,449177,38893.623.91$1,016,992
Feb 201327250,88691.233.42$198,840

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            21 bbl  × $ 98.93 =     $2,078
Gas                1,992 Mcf  × $  2.87 =     $5,716

────────────────────────────────────────────────────
Month total                                   $7,794

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/271535 is the state's own key, not one this site invented.