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 272468District 01Field 12018200Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$45.6 M
Sep 2013 – May 2026
Value, last 12 filed months
$1.3 M
at the published price for each month
Months reported
153
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
CondensateDisposition77,237 bbl$5,387,728
GasProduction11,538,816 Mcf$40,218,834
Total$45,606,562

Every month this lease reported (153)

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

153 months

May 202600106.413.05$0
Apr 20265029,13598.932.87$88,556
Mar 20265631,54889.753.15$104,385
Feb 20265027,74663.503.75$107,231
Jan 20266227,48559.138.00$223,489
Dec 20256030,65456.664.41$138,687
Nov 20255229,66758.593.93$119,532
Oct 20255230,70159.383.30$104,550
Sep 20253824,34062.743.08$77,276
Aug 20254131,87863.933.01$98,726
Jul 20254732,07466.743.32$109,469
Jun 20254530,47566.483.13$98,339
May 20254933,23260.553.23$110,383
Apr 20255332,57362.363.54$118,715
Mar 20255534,63567.704.27$151,557
Feb 20257930,86670.884.34$139,584
Jan 20257728,30974.324.28$126,848
Dec 20247633,35768.993.12$109,363
Nov 20246732,25469.052.20$75,535
Oct 20246435,98271.372.28$86,657
Sep 20244625,85169.612.36$64,323
Aug 20244635,32575.632.06$76,377
Jul 20245035,69179.932.15$80,610
Jun 20244935,15278.082.63$96,416
May 20244836,66978.812.20$84,397
Apr 20245335,92184.451.66$64,076
Mar 20246337,23780.301.55$62,595
Feb 20246935,14776.091.78$67,940
Jan 20248038,25373.023.30$131,987
Dec 20236738,79171.262.61$106,047
Nov 20239238,82077.892.81$116,155
Oct 202310340,87185.443.09$134,981
Sep 202311337,14489.042.74$111,652
Aug 202310540,30180.522.67$116,174
Jul 20233414,14674.852.64$39,916
Jun 20231116,59168.962.26$38,229
May 20234034,16670.622.23$78,926
Apr 20234437,64578.122.24$87,678
Mar 20234739,53572.852.39$98,038
Feb 20234936,00175.112.47$92,447
Jan 20236341,06276.533.39$143,928
Dec 20227041,28676.415.73$241,880
Nov 20225539,71085.005.65$228,886
Oct 20224541,63487.185.86$248,055
Sep 20224540,79584.888.16$336,857
Aug 20224543,32094.529.13$399,642
Jul 20224543,869101.587.54$335,435
Jun 20226342,835115.097.98$348,954
May 20224444,407109.378.43$379,298
Apr 20224743,100104.226.84$299,599
Mar 20225845,001108.885.08$234,758
Feb 20224741,37191.054.86$205,294
Jan 20226546,71481.844.54$217,293
Dec 20215547,38071.323.90$188,663
Nov 20215245,99577.435.24$244,895
Oct 20215547,72579.795.71$277,083
Sep 20215646,64869.865.35$253,522
Aug 20214448,54066.024.22$207,772
Jul 20213047,59970.783.98$191,666
Jun 20213148,66769.493.38$166,679
May 20213550,88363.483.02$155,770
Apr 20216150,10860.362.76$141,901
Mar 20216952,77961.302.72$147,627
Feb 20215547,33057.805.55$265,763
Jan 20217054,22650.412.81$155,918
Dec 20206354,62444.642.68$148,957
Nov 20205553,83638.772.71$147,843
Oct 20206356,43436.972.48$142,197
Sep 20205655,76137.091.99$113,099
Aug 20206558,51939.982.39$142,172
Jul 20207060,23238.371.83$112,617
Jun 20208358,81634.901.69$102,314
May 20207459,81216.921.81$109,796
Apr 202013256,66914.751.80$104,199
Mar 202013259,80030.341.86$115,007
Feb 202012057,39249.881.98$119,660
Jan 202013760,54757.252.09$134,673
Dec 201914961,95159.012.30$151,550
Nov 201914961,97755.302.75$178,720
Oct 201917163,24153.472.42$162,094
Sep 201919161,57155.052.66$174,126
Aug 201921764,94253.112.30$161,175
Jul 201919766,36956.272.46$174,357
Jun 201924465,85452.782.49$176,934
May 201923668,91358.482.74$202,645
Apr 201927468,20562.632.75$204,772
Mar 201933671,81656.803.06$238,993
Feb 201928066,14550.852.79$198,929
Jan 201933975,06046.033.23$257,911
Dec 201835176,64646.594.19$337,150
Nov 201830274,90252.934.24$333,363
Oct 201831780,51961.443.40$293,086
Sep 201832574,97659.543.11$252,376
Aug 201839475,63059.403.07$255,328
Jul 201837476,24965.142.93$247,915
Jun 201830464,20660.183.08$215,851
May 201837079,45365.382.90$254,668
Apr 201840177,89263.842.90$251,549
Mar 201848684,47561.222.79$265,171
Feb 201843677,05061.782.77$240,066
Jan 201856483,67362.874.01$370,931
Dec 201754789,41657.272.92$292,557
Nov 201752789,44555.423.12$308,128
Oct 201749993,59049.292.98$303,838
Sep 201749385,28247.523.09$286,717
Aug 201743694,91645.373.00$304,947
Jul 2017592100,73743.873.09$336,974
Jun 2017512101,14042.493.09$334,002
May 2017635109,48945.373.26$386,116
Apr 2017569119,30947.933.21$410,445
Mar 20178310,47046.772.98$35,121
Feb 201745877,70850.452.95$252,547
Jan 2017658110,33949.413.42$409,739
Dec 2016817112,87548.763.72$460,051
Nov 2016575112,03042.492.64$320,678
Oct 201640536,26346.193.09$130,769
Sep 2016786100,02841.553.10$342,808
Aug 20161,155127,07341.442.92$419,468
Jul 20161,051133,49341.622.92$434,122
Jun 20161,011137,82245.352.69$416,015
May 20161,183139,57442.521.99$328,199
Apr 201629010,75336.561.99$32,012
Mar 201665882,06133.011.79$168,939
Feb 20161,200125,15826.472.06$290,044
Jan 20161,196127,45127.352.36$334,051
Dec 20151,012132,49632.362.00$297,927
Nov 20151,305131,19738.792.17$334,968
Oct 20151,280141,02843.552.43$397,960
Sep 20151,112136,45042.992.76$424,191
Aug 20151,308147,06140.162.87$474,961
Jul 201591488,53348.152.95$304,746
Jun 201535159,30756.152.88$190,682
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 2015121042.892.93$5,190
Feb 2015854116,60944.662.98$385,190
Jan 20151,482166,05443.433.10$579,235
Dec 20141,883173,06954.693.59$724,534
Nov 20141,384186,34170.464.25$889,809
Oct 20141,527199,18478.303.90$896,573
Sep 20141,702205,28986.164.05$977,129
Aug 20141,947208,91489.394.04$1,017,035
Jul 20141,969217,25196.564.18$1,098,149
Jun 20142,585187,09398.164.74$1,139,981
May 20142,834189,90994.734.73$1,166,081
Apr 20142,998202,64795.944.81$1,262,182
Mar 20143,131228,29195.895.06$1,454,654
Feb 20142,696186,84097.406.19$1,419,504
Jan 20143,591234,32490.404.86$1,463,610
Dec 20133,489245,10891.824.35$1,387,678
Nov 20133,218202,96788.853.74$1,044,667
Oct 20133,789239,65597.423.78$1,274,867
Sep 2013375153,468104.113.72$609,595

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            50 bbl  × $ 98.93 =     $4,947
Gas               29,135 Mcf  × $  2.87 =    $83,609

────────────────────────────────────────────────────
Month total                                  $88,556

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/272468 is the state's own key, not one this site invented.