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 271939District 01Field 12018200Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$19.3 M
Jun 2013 – May 2026
Value, last 12 filed months
$0
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
CondensateDisposition71,605 bbl$5,470,230
GasProduction3,951,547 Mcf$13,791,566
Total$19,261,796

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 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 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 2024619184.451.66$824
Mar 20249512,45480.301.55$26,872
Feb 20249212,76076.091.78$29,760
Jan 202410311,86173.023.30$46,635
Dec 202311513,08171.262.61$42,346
Nov 202311013,51777.892.81$46,518
Oct 20237010,77285.443.09$39,237
Sep 20235710,35089.042.74$33,383
Aug 20235812,73680.522.67$38,712
Jul 20234914,20574.852.64$41,194
Jun 20236111,89768.962.26$31,076
May 202310914,53070.622.23$40,062
Apr 202311815,96778.122.24$44,948
Mar 2023779,61172.852.39$28,610
Feb 202317516,04975.112.47$52,716
Jan 202311912,73776.533.39$52,256
Dec 20229911,25676.415.73$72,051
Nov 2022303,57985.005.65$22,758
Oct 20229213,00787.185.86$84,290
Sep 20227210,34184.888.16$90,532
Aug 20229914,57294.529.13$142,358
Jul 20228714,386101.587.54$117,338
Jun 20228013,679115.097.98$118,327
May 20227711,242109.378.43$103,226
Apr 20229912,932104.226.84$98,742
Mar 202213914,296108.885.08$87,707
Feb 202211713,00891.054.86$73,857
Jan 202215514,60481.844.54$78,953
Dec 202111513,68871.323.90$61,573
Nov 202111813,91877.435.24$82,023
Oct 202111214,59879.795.71$92,348
Sep 202110314,43769.865.35$84,447
Aug 202111114,94066.024.22$70,384
Jul 202116015,10870.783.98$71,486
Jun 202112814,22769.493.38$56,991
May 202112714,95163.483.02$53,179
Apr 202112514,33960.362.76$47,098
Mar 202114114,73961.302.72$48,688
Feb 202111112,92757.805.55$78,134
Jan 202115014,83650.412.81$49,255
Dec 202014614,54144.642.68$45,421
Nov 202013713,96138.772.71$43,098
Oct 202014214,69336.972.48$41,665
Sep 202012314,36237.091.99$33,157
Aug 202012715,10239.982.39$41,097
Jul 202012515,73438.371.83$33,513
Jun 202014515,22934.901.69$30,802
May 202010416,16916.921.81$31,102
Apr 202015916,15714.751.80$31,499
Mar 202015616,90630.341.86$36,114
Feb 202016817,22149.881.98$42,489
Jan 20204516,42757.252.09$36,987
Dec 2019018,19559.012.30$41,928
Nov 2019020,86255.302.75$57,385
Oct 2019015,88253.472.42$38,411
Sep 201942,64755.052.66$7,254
Aug 20191815,66953.112.30$37,063
Jul 2019216,11056.272.46$39,744
Jun 20191416,82952.782.49$42,663
May 20192816,87058.482.74$47,867
Apr 201910318,07362.632.75$56,164
Mar 201925816,91156.803.06$66,438
Feb 20192316,05250.852.79$45,990
Jan 201914319,08046.033.23$68,176
Dec 201827516,76346.594.19$82,973
Nov 201823417,83352.934.24$87,948
Oct 201815119,00861.443.40$73,868
Sep 20188318,67259.543.11$62,974
Aug 201815820,40559.403.07$71,958
Jul 201824521,21565.142.93$78,159
Jun 20184619,45960.183.08$62,642
May 201811520,24765.382.90$66,251
Apr 201820022,74763.842.90$78,753
Mar 201836524,38061.222.79$90,288
Feb 201832821,43161.782.77$79,545
Jan 201840923,83762.874.01$121,284
Dec 201739124,29357.272.92$93,365
Nov 201736824,55255.423.12$96,957
Oct 201733424,52249.292.98$89,629
Sep 201731523,70247.523.09$88,144
Aug 201728824,91945.373.00$87,933
Jul 201735825,08543.873.09$93,150
Jun 201726725,02442.493.09$88,601
May 201732225,86445.373.26$99,014
Apr 201736425,62047.933.21$99,728
Mar 201738326,88446.772.98$98,126
Feb 201735825,13850.452.95$92,284
Jan 201740028,51649.413.42$117,255
Dec 201645929,14048.763.72$130,864
Nov 201633628,91742.492.64$90,743
Oct 201638230,81146.193.09$112,859
Sep 201635031,13141.553.10$111,068
Aug 201641531,98841.442.92$110,741
Jul 201642134,42541.622.92$118,192
Jun 201644234,71245.352.69$113,275
May 201650735,72942.521.99$92,696
Apr 201651534,56636.561.99$87,651
Mar 201658836,28233.011.79$84,500
Feb 201664034,71626.472.06$88,582
Jan 201662238,07427.352.36$107,032
Dec 201553239,56932.362.00$96,409
Nov 201570839,44238.792.17$112,947
Oct 201570042,69343.552.43$134,083
Sep 201560944,52442.992.76$148,997
Aug 201573746,98840.162.87$164,570
Jul 201577342,70148.152.95$162,978
Jun 201570652,14456.152.88$189,966
May 201595252,43955.212.96$207,541
Apr 201597057,61849.822.71$204,273
Mar 20151,11664,72742.892.93$237,820
Feb 20151,09462,45744.662.98$234,742
Jan 20151,69673,58743.433.10$301,823
Dec 20141,95290,94454.693.59$433,368
Nov 201499846,61170.464.25$268,502
Oct 201467178.303.90$5,250
Sep 20141,25057,04686.164.05$338,476
Aug 201474629,91889.394.04$187,408
Jul 201480942,22296.564.18$254,588
Jun 20141,40456,15998.164.74$403,835
May 20141,81470,24994.734.73$503,876
Apr 20141,87167,72195.944.81$505,182
Mar 20142,18781,65395.895.06$622,614
Feb 20141,96168,38197.406.19$614,417
Jan 20142,72291,12990.404.86$689,021
Dec 20132,825101,76791.824.35$702,534
Nov 20133,238104,58688.853.74$678,668
Oct 20134,048131,13897.423.78$889,974
Sep 20134,679138,643104.113.72$1,002,569
Aug 20135,298161,936104.253.52$1,122,754
Jul 20134,478149,249102.523.72$1,013,954
Jun 2013068894.403.93$2,706

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 2024 — as filed, then multipliedworked
Condensate             6 bbl  × $ 84.45 =       $507
Gas                  191 Mcf  × $  1.66 =       $317

────────────────────────────────────────────────────
Month total                                     $824

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/271939 is the state's own key, not one this site invented.