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 271825District 01Field 12018200Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$22.8 M
Jun 2013 – May 2026
Value, last 12 filed months
$37 k
at the published price for each month
Months reported
156
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
CondensateDisposition70,413 bbl$5,745,482
GasProduction4,784,212 Mcf$17,098,031
Total$22,843,513

Every month this lease reported (156)

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

156 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 2025189763.933.01$2,768
Jul 2025184,41166.743.32$15,825
Jun 2025215,47766.483.13$18,532
May 2025235,71660.553.23$19,869
Apr 2025295,33162.363.54$20,697
Mar 2025215,89467.704.27$26,579
Feb 2025295,24870.884.34$24,836
Jan 2025426,16374.324.28$29,491
Dec 2024336,15068.993.12$21,473
Nov 2024224,34069.052.20$11,060
Oct 2024376,15271.372.28$16,676
Sep 2024124,44769.612.36$11,350
Aug 2024236,45975.632.06$15,068
Jul 2024327,14679.932.15$17,897
Jun 2024845,72378.082.63$21,633
May 20241226,49878.812.20$23,900
Apr 202443,30884.451.66$5,826
Mar 2024293380.301.55$1,602
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 202302371.262.61$60
Nov 202309677.892.81$270
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 202305,66568.962.26$12,794
May 2023115,05070.622.23$33,593
Apr 2023115,09778.122.24$33,862
Mar 2023215,28272.852.39$36,718
Feb 2023313,16475.112.47$32,684
Jan 20231015,74176.533.39$54,091
Dec 20221112,64076.415.73$73,256
Nov 2022126,10385.005.65$35,479
Oct 2022312,61487.185.86$74,227
Sep 2022612,42084.888.16$101,902
Aug 2022313,42494.529.13$122,807
Jul 2022114,506101.587.54$109,507
Jun 2022011,599115.097.98$92,528
May 2022011,459109.378.43$96,634
Apr 2022012,717104.226.84$86,954
Mar 2022014,381108.885.08$73,004
Feb 2022013,92291.054.86$67,645
Jan 2022015,53281.844.54$70,479
Dec 2021014,52471.323.90$56,631
Nov 2021013,91377.435.24$72,860
Oct 2021014,29979.795.71$81,703
Sep 2021113,97869.865.35$74,865
Aug 2021014,77466.024.22$62,355
Jul 2021115,23570.783.98$60,738
Jun 2021113,98569.493.38$47,347
May 2021215,51663.483.02$46,949
Apr 2021615,79060.362.76$43,918
Mar 20211718,95361.302.72$52,536
Feb 2021716,87557.805.55$94,026
Jan 2021718,10050.412.81$51,219
Dec 2020318,20644.642.68$48,843
Nov 2020714,82738.772.71$40,402
Oct 2020465,46236.972.48$15,238
Sep 20204914,64337.091.99$30,972
Aug 20206917,04439.982.39$43,410
Jul 20206917,44038.371.83$34,478
Jun 20209216,69234.901.69$31,425
May 20206718,01416.921.81$33,825
Apr 202010917,94214.751.80$33,982
Mar 202013618,97430.341.86$39,346
Feb 202013917,65249.881.98$41,896
Jan 202021318,29357.252.09$50,513
Dec 201915218,54959.012.30$51,713
Nov 201914317,46855.302.75$55,957
Oct 201915018,72653.472.42$53,310
Sep 20199917,79655.052.66$52,739
Aug 201913619,03253.112.30$51,080
Jul 201912219,50556.272.46$54,848
Jun 201914220,18952.782.49$57,790
May 201910519,28058.482.74$58,974
Apr 201910620,00162.632.75$61,656
Mar 201913021,34256.803.06$72,735
Feb 20191919,64050.852.79$55,805
Jan 20195621,94746.033.23$73,427
Dec 20183622,36946.594.19$95,301
Nov 20181322,25752.934.24$94,996
Oct 2018623,99461.443.40$81,902
Sep 2018723,48059.543.11$73,393
Aug 2018025,02759.403.07$76,747
Jul 20182025,64765.142.93$76,497
Jun 201811925,38460.183.08$85,266
May 201817926,85765.382.90$89,610
Apr 201820327,28663.842.90$92,111
Mar 201822129,18461.222.79$94,861
Feb 201822727,48961.782.77$90,062
Jan 201830328,42262.874.01$133,003
Dec 201732328,53057.272.92$101,849
Nov 201731228,78755.423.12$107,059
Oct 201729930,71749.292.98$106,387
Sep 201730131,01947.523.09$110,068
Aug 201731234,16645.373.00$116,804
Jul 201745636,38843.873.09$132,345
Jun 201742438,70742.493.09$137,515
May 201751841,93045.373.26$160,336
Apr 201757645,14747.933.21$172,602
Mar 201743331,28246.772.98$113,587
Feb 201725050.452.95$1,261
Jan 201716313,53449.413.42$54,324
Dec 201635734,11848.763.72$144,423
Nov 201626733,86442.492.64$100,893
Oct 201631037,22746.193.09$129,360
Sep 201629036,96641.553.10$126,667
Aug 201635439,05341.442.92$128,874
Jul 201635140,78741.622.92$133,884
Jun 201636540,73045.352.69$125,947
May 201641343,32542.521.99$103,823
Apr 201641942,67536.561.99$100,286
Mar 201646745,47633.011.79$97,000
Feb 201653943,80526.472.06$104,665
Jan 201650148,14827.352.36$127,542
Dec 201542649,81532.362.00$113,486
Nov 201557349,80138.792.17$130,162
Oct 201554353,95843.552.43$154,581
Sep 201545953,87442.992.76$168,340
Aug 201556956,38840.162.87$184,825
Jul 201570558,68048.152.95$206,763
Jun 201562350,87956.152.88$181,658
May 201573255,92055.212.96$205,682
Apr 201535923,39949.822.71$81,216
Mar 20151493,95642.892.93$18,000
Feb 201575553,76844.662.98$193,742
Jan 201598463,31543.433.10$239,052
Dec 20141,15970,91954.693.59$318,081
Nov 201496867,34670.464.25$354,550
Oct 20141,09473,52378.303.90$372,470
Sep 20141,02678,06486.164.05$404,203
Aug 20141,14682,68589.394.04$436,085
Jul 20141,09985,40196.564.18$463,061
Jun 20141,27587,62898.164.74$540,237
May 20141,76994,07194.734.73$612,210
Apr 20141,90497,53595.944.81$651,727
Mar 20142,288112,39295.895.06$787,740
Feb 20141,88199,87697.406.19$801,642
Jan 20142,793114,35790.404.86$808,345
Dec 20133,162126,72491.824.35$842,152
Nov 20133,528129,10588.853.74$796,093
Oct 20134,401144,89997.423.78$976,371
Sep 20135,284144,598104.113.72$1,087,695
Aug 20136,659166,181104.253.52$1,279,592
Jul 20135,449185,140102.523.72$1,246,934
Jun 20133,533159,90494.403.93$962,483

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.

Aug 2025 — as filed, then multipliedworked
Condensate             1 bbl  × $ 63.93 =        $64
Gas                  897 Mcf  × $  3.01 =     $2,704

────────────────────────────────────────────────────
Month total                                   $2,768

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/271825 is the state's own key, not one this site invented.