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 271638District 01Field 12018200Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$20.9 M
May 2013 – May 2026
Value, last 12 filed months
$187 k
at the published price for each month
Months reported
157
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
CondensateDisposition74,497 bbl$5,814,181
GasProduction4,148,096 Mcf$15,045,984
Total$20,860,166

Every month this lease reported (157)

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

157 months

May 202600106.413.05$0
Apr 202683,64298.932.87$11,243
Mar 2026103,90189.753.15$13,183
Feb 202633,39663.503.75$12,927
Jan 202624,56859.138.00$36,653
Dec 2025344,92556.664.41$23,662
Nov 2025214,65358.593.93$19,500
Oct 202524,82659.383.30$16,068
Sep 202504,54662.743.08$13,988
Aug 202504,34063.933.01$13,084
Jul 202504,16566.743.32$13,808
Jun 202504,07466.483.13$12,746
May 202504,34460.553.23$14,041
Apr 202503,82762.363.54$13,560
Mar 202503,86267.704.27$16,484
Feb 202503,33570.884.34$14,477
Jan 202503,99774.324.28$17,102
Dec 202404,55968.993.12$14,230
Nov 202404,75169.052.20$10,445
Oct 202405,13471.372.28$11,713
Sep 202402,82269.612.36$6,672
Aug 202414,89275.632.06$10,171
Jul 2024124,72879.932.15$11,108
Jun 2024404,82678.082.63$15,835
May 2024285,20878.812.20$13,656
Apr 202453,48084.451.66$6,196
Mar 202402,54880.301.55$3,937
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 202308671.262.61$225
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 2023153268.962.26$1,270
May 2023373,28870.622.23$9,937
Apr 2023533,73078.122.24$12,487
Mar 2023543,45772.852.39$12,207
Feb 2023673,55875.112.47$13,805
Jan 2023915,54376.533.39$25,742
Dec 2022975,92476.415.73$41,351
Nov 2022564,95685.005.65$32,743
Oct 2022149,96887.185.86$59,670
Sep 202259,98184.888.16$81,906
Aug 2022510,85794.529.13$99,566
Jul 2022012,002101.587.54$90,520
Jun 202209,880115.097.98$78,815
May 202229,671109.378.43$81,775
Apr 202214,825104.226.84$33,096
Mar 202269,307108.885.08$47,899
Feb 2022408,02291.054.86$42,620
Jan 2022311,77681.844.54$10,596
Dec 202110510,86571.323.90$49,853
Nov 202110210,72777.435.24$64,074
Oct 202110211,15279.795.71$71,860
Sep 20219710,98369.865.35$65,546
Aug 202110211,59266.024.22$55,659
Jul 202111411,91170.783.98$55,499
Jun 202114011,49669.493.38$48,592
May 202113112,37163.483.02$45,647
Apr 202112414,25360.362.76$46,800
Mar 20210161.302.72$3
Feb 20211450857.805.55$3,628
Jan 2021914,97950.412.81$18,580
Dec 202015713,75944.642.68$43,820
Nov 202013611,85038.772.71$37,346
Oct 202011215,84836.972.48$43,419
Sep 20208114,14637.091.99$31,170
Aug 20201029,92539.982.39$27,750
Jul 202013611,29638.371.83$25,835
Jun 202014313,87034.901.69$28,435
May 202012714,85316.921.81$29,103
Apr 202018515,67414.751.80$31,011
Mar 2020947,22830.341.86$16,269
Feb 20201039,14949.881.98$23,259
Jan 202016111,54457.252.09$33,399
Dec 201918514,10459.012.30$43,418
Nov 201917214,04755.302.75$48,151
Oct 201917514,76953.472.42$45,077
Sep 201915514,14555.052.66$46,120
Aug 201917314,79153.112.30$43,272
Jul 201915214,12356.272.46$43,296
Jun 201920615,10752.782.49$48,507
May 201918514,07358.482.74$49,383
Apr 201922615,14162.632.75$55,803
Mar 201928016,31956.803.06$65,874
Feb 201923914,55850.852.79$52,802
Jan 201930316,08646.033.23$65,876
Dec 201830516,25246.594.19$82,232
Nov 201819115,99852.934.24$77,897
Oct 20183716,29761.443.40$57,652
Sep 201811217,13459.543.11$59,921
Aug 201823018,03159.403.07$68,955
Jul 201820318,25565.142.93$66,745
Jun 201822117,87060.183.08$68,284
May 201826818,94565.382.90$72,478
Apr 201827919,22263.842.90$73,571
Mar 201834420,38761.222.79$77,875
Feb 201830718,75161.782.77$70,834
Jan 201839020,33162.874.01$106,033
Dec 201737421,57757.272.92$84,457
Nov 201735022,11055.423.12$88,344
Oct 201733423,74949.292.98$87,322
Sep 201733624,47747.523.09$91,534
Aug 201736528,37145.373.00$101,798
Jul 201743334,99543.873.09$127,035
Jun 20177213,13642.493.09$43,614
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 201738050.452.95$1,917
Jan 201724912,27949.413.42$54,283
Dec 201654331,09148.763.72$142,223
Nov 201639731,54242.492.64$100,277
Oct 201646733,76846.193.09$125,923
Sep 201643633,64241.553.10$122,427
Aug 201652435,32141.442.92$125,005
Jul 201651436,93541.622.92$129,403
Jun 201650936,96545.352.69$122,365
May 201655539,42742.521.99$102,099
Apr 201655939,76136.561.99$99,603
Mar 201663040,67433.011.79$93,766
Feb 201669939,17826.472.06$99,351
Jan 201664243,65327.352.36$120,770
Dec 201553445,26932.362.00$107,882
Nov 201575145,57538.792.17$127,907
Oct 201571749,33843.552.43$150,948
Sep 201565349,97542.992.76$165,925
Aug 201589456,25740.162.87$197,501
Jul 20151,04159,07448.152.95$224,102
Jun 201588851,98556.152.88$199,727
May 20151,16262,01955.212.96$247,448
Apr 201578027,61149.822.71$113,591
Mar 20151503,53142.892.93$16,796
Feb 201573948,90544.662.98$178,554
Jan 201591055,06443.433.10$210,254
Dec 20141,05558,98254.693.59$269,524
Nov 201491157,82970.464.25$310,069
Oct 20141,09563,70278.303.90$334,237
Sep 20141,09567,68986.164.05$368,177
Aug 20141,25374,86089.394.04$414,075
Jul 20141,190104,14796.564.18$550,199
Jun 20141,65994,06398.164.74$608,413
May 20141,960120,07694.734.73$753,217
Apr 20142,124112,73295.944.81$745,918
Mar 20142,33598,95195.895.06$724,279
Feb 20142,08285,15697.406.19$730,073
Jan 20142,712107,47490.404.86$767,566
Dec 20132,739115,45591.824.35$754,241
Nov 20133,325122,20688.853.74$752,267
Oct 20133,352138,55997.423.78$850,216
Sep 20133,779139,372104.113.72$911,581
Aug 20135,889159,352104.253.52$1,175,263
Jul 20134,642169,722102.523.72$1,106,880
Jun 20133,422161,66494.403.93$958,928
May 201391037,42394.834.15$241,566

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             8 bbl  × $ 98.93 =       $791
Gas                3,642 Mcf  × $  2.87 =    $10,452

────────────────────────────────────────────────────
Month total                                  $11,243

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/271638 is the state's own key, not one this site invented.