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 272015District 01Field 12018200Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$25.2 M
Feb 2013 – May 2026
Value, last 12 filed months
$62 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
CondensateDisposition71,221 bbl$5,693,462
GasProduction5,488,014 Mcf$19,463,832
Total$25,157,294

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 2026262,79398.932.87$10,587
Mar 202642,17389.753.15$7,203
Feb 2026433,21963.503.75$14,803
Jan 2026533,33559.138.00$29,807
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 20242069.612.36$139
Aug 2024183,49275.632.06$8,568
Jul 2024449,99479.932.15$24,970
Jun 2024489,75578.082.63$29,442
May 20244810,08778.812.20$25,959
Apr 2024529,85284.451.66$20,738
Mar 20246110,18280.301.55$20,631
Feb 2024639,51776.091.78$21,769
Jan 20247010,32973.023.30$39,173
Dec 20237410,46871.262.61$32,602
Nov 20236810,27077.892.81$34,130
Oct 20236510,68385.443.09$38,535
Sep 20235810,23689.042.74$33,160
Aug 20234810,75980.522.67$32,622
Jul 20235611,03274.852.64$33,336
Jun 20235511,38968.962.26$29,515
May 20236713,23570.622.23$34,211
Apr 20237112,89078.122.24$34,391
Mar 20236913,72772.852.39$37,878
Feb 20236613,49575.112.47$38,232
Jan 20235211,58776.533.39$43,233
Dec 202211112,74776.415.73$81,510
Nov 20226911,30885.005.65$69,712
Oct 20226014,62987.185.86$91,012
Sep 20225614,13384.888.16$120,131
Aug 20225614,53894.529.13$137,984
Jul 20225214,536101.587.54$114,914
Jun 20225713,972115.097.98$118,018
May 20226014,352109.378.43$127,593
Apr 20226013,851104.226.84$100,961
Mar 20226914,286108.885.08$80,034
Feb 20225312,97991.054.86$67,889
Jan 20228014,75081.844.54$73,478
Dec 20219018,01771.323.90$76,669
Nov 20217517,62977.435.24$98,128
Oct 20216717,73079.795.71$106,653
Sep 20216617,55869.865.35$98,562
Aug 20216518,07366.024.22$80,570
Jul 20214918,41070.783.98$76,778
Jun 20215418,12069.493.38$65,009
May 20218718,83363.483.02$62,355
Apr 20218418,58060.362.76$56,322
Mar 20219520,03061.302.72$60,244
Feb 20217115,48257.805.55$89,997
Jan 202110719,85650.412.81$61,195
Dec 20209119,44344.642.68$56,081
Nov 20208519,15038.772.71$55,126
Oct 20208520,04336.972.48$52,818
Sep 20207519,90637.091.99$42,415
Aug 20207821,17839.982.39$53,630
Jul 20207921,44838.371.83$42,176
Jun 202010619,83734.901.69$37,230
May 20208620,29116.921.81$38,278
Apr 202015219,59314.751.80$37,595
Mar 202016120,09930.341.86$42,193
Feb 202015219,17749.881.98$45,565
Jan 202016920,27457.252.09$52,144
Dec 201916920,74159.012.30$57,767
Nov 201915420,35555.302.75$64,507
Oct 201915121,56053.472.42$60,218
Sep 201912720,07955.052.66$60,347
Aug 201912221,75653.112.30$56,613
Jul 20198321,84056.272.46$58,398
Jun 20196620,04252.782.49$53,412
May 20199120,72258.482.74$62,107
Apr 201916520,93962.632.75$67,931
Mar 201921022,44856.803.06$80,666
Feb 201917720,52350.852.79$66,305
Jan 201921723,03546.033.23$84,350
Dec 201820923,05446.594.19$106,228
Nov 201815822,45152.934.24$103,493
Oct 201812223,31261.443.40$86,712
Sep 20188723,24959.543.11$77,438
Aug 201816724,52759.403.07$85,133
Jul 201815924,81465.142.93$83,109
Jun 201816624,47660.183.08$85,301
May 201818324,09765.382.90$81,865
Apr 201819625,49763.842.90$86,474
Mar 201823326,14861.222.79$87,135
Feb 201820423,69561.782.77$78,146
Jan 201826026,31562.874.01$121,851
Dec 201724125,80257.272.92$89,183
Nov 201724225,00755.423.12$91,392
Oct 201719826,72049.292.98$89,483
Sep 20179313,98447.523.09$47,592
Aug 2017568,36745.373.00$27,679
Jul 201718128,76243.873.09$96,737
Jun 201716834,55642.493.09$113,822
May 201722036,13945.373.26$127,917
Apr 201726935,40547.933.21$126,600
Mar 201730337,48646.772.98$126,018
Feb 201729433,61350.452.95$114,078
Jan 201733036,21349.413.42$140,110
Dec 201637737,55548.763.72$158,193
Nov 201628337,49542.492.64$111,175
Oct 201632739,73946.193.09$137,908
Sep 201629839,06741.553.10$133,514
Aug 201637041,22741.442.92$135,895
Jul 201636343,23441.622.92$141,539
Jun 201637943,48445.352.69$133,978
May 201643146,35742.521.99$110,625
Apr 201642646,03236.561.99$107,226
Mar 201644249,29133.011.79$103,019
Feb 201648450,64926.472.06$117,332
Jan 201635529,87527.352.36$80,345
Dec 201540653,01632.362.00$119,245
Nov 201554252,85638.792.17$135,581
Oct 201554257,47343.552.43$163,067
Sep 201549456,21542.992.76$176,302
Aug 201561559,91040.162.87$196,789
Jul 201572062,50448.152.95$218,747
Jun 201556655,30456.152.88$191,215
May 201580465,42555.212.96$237,749
Apr 201580865,08749.822.71$216,417
Mar 201578169,96642.892.93$238,827
Feb 201566864,79944.662.98$222,687
Jan 201590874,29243.433.10$269,786
Dec 201492876,16154.693.59$324,274
Nov 201477672,45670.464.25$362,748
Oct 201497382,26678.303.90$397,102
Sep 201449977,01786.164.05$354,561
Aug 201461985,58189.394.04$400,662
Jul 201453757,13596.564.18$290,654
Jun 20141,21581,97398.164.74$507,561
May 20141,51388,26594.734.73$560,516
Apr 20141,44289,38895.944.81$568,223
Mar 20141,78198,65595.895.06$669,659
Feb 20141,01362,35497.406.19$484,762
Jan 20141,425106,59490.404.86$646,944
Dec 20132,381116,77991.824.35$727,135
Nov 20132,653111,72088.853.74$653,360
Oct 20132,862109,55597.423.78$692,864
Sep 20132,66276,177104.113.72$560,347
Aug 20133,191140,842104.253.52$828,793
Jul 20133,693140,606102.523.72$901,343
Jun 20132,800147,08394.403.93$842,858
May 20133,885163,93694.834.15$1,048,598
Apr 20133,766171,14193.964.28$1,086,780
Mar 20134,116194,22893.623.91$1,145,329
Feb 20133,338160,18491.233.42$852,341

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            26 bbl  × $ 98.93 =     $2,572
Gas                2,793 Mcf  × $  2.87 =     $8,015

────────────────────────────────────────────────────
Month total                                  $10,587

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/272015 is the state's own key, not one this site invented.