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 271826District 01Field 12018200Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$25.7 M
Jun 2013 – May 2026
Value, last 12 filed months
$86 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
CondensateDisposition94,175 bbl$7,260,271
GasProduction5,284,724 Mcf$18,447,704
Total$25,707,974

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 202602,62259.138.00$20,971
Dec 202516,41456.664.41$28,364
Nov 202549,34258.593.93$36,915
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 202502662.363.54$92
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 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 2024447,83084.451.66$16,707
Mar 202410617,30280.301.55$35,246
Feb 202410015,91976.091.78$36,003
Jan 202411616,62473.023.30$63,291
Dec 202312518,65171.262.61$57,600
Nov 202311618,07377.892.81$59,776
Oct 202310919,53585.443.09$69,623
Sep 20238116,97589.042.74$53,640
Aug 20238219,26380.522.67$58,090
Jul 20238719,67774.852.64$58,495
Jun 20238219,32068.962.26$49,289
May 202311721,01170.622.23$55,062
Apr 202312521,07578.122.24$56,926
Mar 20238513,16372.852.39$37,693
Feb 202313818,54675.112.47$56,094
Jan 202318321,97076.533.39$88,433
Dec 202221122,54976.415.73$145,308
Nov 20228810,58085.005.65$67,217
Oct 202212520,48087.185.86$130,987
Sep 202210519,39584.888.16$167,247
Aug 202210520,22094.529.13$194,476
Jul 20229420,316101.587.54$162,773
Jun 202210020,595115.097.98$175,799
May 202211121,707109.378.43$195,196
Apr 202211220,784104.226.84$153,785
Mar 202214221,564108.885.08$124,928
Feb 202212519,66391.054.86$106,921
Jan 202216921,90181.844.54$113,211
Dec 202113821,68971.323.90$94,410
Nov 202111519,19977.435.24$109,447
Oct 202110419,45779.795.71$119,473
Sep 20219519,07969.865.35$108,727
Aug 20219819,87566.024.22$90,354
Jul 202110720,13370.783.98$87,745
Jun 202111219,99669.493.38$75,382
May 202112319,80163.483.02$67,561
Apr 202112220,25260.362.76$63,227
Mar 202112320,23561.302.72$62,517
Feb 20219317,21757.805.55$100,894
Jan 202112419,49450.412.81$61,034
Dec 202011619,15944.642.68$56,437
Nov 202010519,19338.772.71$56,018
Oct 202010920,17836.972.48$54,039
Sep 20209319,90837.091.99$43,087
Aug 20209221,13339.982.39$54,082
Jul 20207122,15738.371.83$43,163
Jun 20205921,96034.901.69$39,178
May 20204822,70616.921.81$42,018
Apr 20206522,64614.751.80$41,821
Mar 202013523,99430.341.86$48,634
Feb 202017623,24149.881.98$54,812
Jan 202024224,12157.252.09$64,382
Dec 201927625,60959.012.30$75,299
Nov 201927826,72255.302.75$88,878
Oct 201922124,57353.472.42$71,248
Sep 20192711455.052.66$1,789
Aug 201919123,98853.112.30$65,421
Jul 201916322,91356.272.46$65,539
Jun 201922521,69752.782.49$65,927
May 201922122,94658.482.74$75,803
Apr 201925822,35362.632.75$77,645
Mar 201931723,72356.803.06$90,648
Feb 201927021,99850.852.79$75,153
Jan 201933625,41046.033.23$97,494
Dec 201832224,53446.594.19$117,688
Nov 201826723,34452.934.24$113,046
Oct 201826726,70161.443.40$107,137
Sep 201823826,73159.543.11$97,250
Aug 201828328,57459.403.07$104,434
Jul 201829129,69565.142.93$106,018
Jun 201829330,81060.183.08$112,433
May 201816825,80065.382.90$85,824
Apr 201826428,78563.842.90$100,353
Mar 201836030,51161.222.79$107,068
Feb 201830728,31561.782.77$97,289
Jan 201838830,15062.874.01$145,275
Dec 201747032,52157.272.92$121,928
Nov 201761033,50255.423.12$138,278
Oct 201746734,09949.292.98$124,759
Sep 201736233,85647.523.09$121,725
Aug 201729736,01045.373.00$121,663
Jul 201737336,38943.873.09$128,707
Jun 201730736,30442.493.09$125,125
May 201739138,23845.373.26$142,526
Apr 201741238,41847.933.21$143,130
Mar 201744140,88146.772.98$142,601
Feb 201743939,02250.452.95$137,364
Jan 201749643,47149.413.42$173,126
Dec 201653544,30648.763.72$191,030
Nov 201638444,35742.492.64$133,612
Oct 201643646,89846.193.09$165,066
Sep 201642644,55441.553.10$155,846
Aug 201646948,90641.442.92$162,453
Jul 201648252,36741.622.92$173,200
Jun 201652152,61445.352.69$164,940
May 201663554,34742.521.99$135,207
Apr 201662252,68936.561.99$127,646
Mar 201672554,34433.011.79$121,426
Feb 201676151,72226.472.06$126,879
Jan 201667955,02427.352.36$148,667
Dec 201563356,43232.362.00$133,427
Nov 201589557,31038.792.17$158,927
Oct 201590561,76143.552.43$189,281
Sep 201579254,21442.992.76$183,593
Aug 20151,12964,70140.162.87$231,194
Jul 20151,15756,60348.152.95$222,410
Jun 201596160,74956.152.88$229,091
May 20151,20965,78755.212.96$261,179
Apr 20151,28868,14949.822.71$248,618
Mar 20151,37675,30942.892.93$280,027
Feb 20151,29671,24644.662.98$269,921
Jan 20151,97387,47243.433.10$356,906
Dec 20142,10393,88854.693.59$452,199
Nov 20141,95796,84470.464.25$549,655
Oct 20141,48452,98678.303.90$322,893
Sep 201428086.164.05$2,412
Aug 201415315489.394.04$14,298
Jul 20141,15956,64196.564.18$348,650
Jun 20142,34487,31298.164.74$643,674
May 20142,55090,52694.734.73$669,438
Apr 20142,70990,47695.944.81$695,011
Mar 20142,941103,01395.895.06$802,929
Feb 20142,72089,18097.406.19$817,131
Jan 20143,848114,37290.404.86$903,789
Dec 20134,180125,50191.824.35$930,299
Nov 20134,616130,73988.853.74$898,871
Oct 20135,274151,75797.423.78$1,087,337
Sep 20136,512160,885104.113.72$1,276,093
Aug 20136,611178,479104.253.52$1,317,909
Jul 20135,548170,016102.523.72$1,200,856
Jun 2013031,47294.403.93$123,792

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.

Jan 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $ 59.13 =         $0
Gas                2,622 Mcf  × $  8.00 =    $20,971

────────────────────────────────────────────────────
Month total                                  $20,971

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/271826 is the state's own key, not one this site invented.