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 272469District 01Field 12018200Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$25.5 M
Oct 2013 – May 2026
Value, last 12 filed months
$573 k
at the published price for each month
Months reported
152
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
CondensateDisposition53,620 bbl$3,888,630
GasProduction6,164,747 Mcf$21,590,475
Total$25,479,105

Every month this lease reported (152)

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

152 months

May 202600106.413.05$0
Apr 20262912,98098.932.87$40,118
Mar 20263814,80689.753.15$50,041
Feb 20263212,51963.503.75$48,982
Jan 20266813,38559.138.00$111,073
Dec 20257715,55556.664.41$73,013
Nov 20259716,29058.593.93$69,645
Oct 2025234,23059.383.30$15,345
Sep 202519314,91362.743.08$57,995
Aug 202522620,47563.933.01$76,175
Jul 202511,02266.743.32$3,455
Jun 2025158,20866.483.13$26,678
May 20252714,02060.553.23$46,952
Apr 20253413,69362.363.54$50,636
Mar 20253714,17567.704.27$63,008
Feb 20254613,16570.884.34$60,408
Jan 20256214,59674.324.28$67,059
Dec 20248014,80768.993.12$51,737
Nov 20244013,43269.052.20$32,291
Oct 20243616,03171.372.28$39,142
Sep 20243116,54869.612.36$41,283
Aug 20242917,35875.632.06$38,014
Jul 20243217,46879.932.15$40,054
Jun 20243215,60778.082.63$43,607
May 20243116,63278.812.20$39,008
Apr 20243816,23284.451.66$30,141
Mar 20244716,90280.301.55$29,890
Feb 20245216,09976.091.78$32,672
Jan 20246317,55973.023.30$62,504
Dec 20237318,21871.262.61$52,764
Nov 20236918,78377.892.81$58,109
Oct 20233910,14285.443.09$34,643
Sep 20235017,07889.042.74$51,161
Aug 20234019,42880.522.67$55,150
Jul 20234618,32274.852.64$51,846
Jun 20234220,16968.962.26$48,448
May 20234122,23770.622.23$52,426
Apr 2023023,58578.122.24$52,778
Mar 2023013,18672.852.39$31,556
Feb 20230075.112.47$0
Jan 202301676.533.39$54
Dec 2022517,47976.415.73$100,521
Nov 20223521,44785.005.65$124,069
Oct 202208487.185.86$493
Sep 202203884.888.16$310
Aug 2022873894.529.13$7,492
Jul 20225919,549101.587.54$153,433
Jun 20227419,821115.097.98$166,633
May 20227320,954109.378.43$184,690
Apr 20229120,371104.226.84$148,773
Mar 202211121,394108.885.08$120,690
Feb 20228619,94491.054.86$104,735
Jan 20229322,40581.844.54$109,278
Dec 20215522,71471.323.90$92,487
Nov 2021122,34877.435.24$117,111
Oct 2021024,33679.795.71$139,053
Sep 2021023,48869.865.35$125,682
Aug 2021527,85566.024.22$117,895
Jul 20216431,14770.783.98$128,560
Jun 202118933,94369.493.38$127,882
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 202101661.302.72$43
Feb 202120057.805.55$1,156
Jan 202112017,13550.412.81$54,203
Dec 202016829,68944.642.68$86,931
Nov 202015127,53738.772.71$80,385
Oct 202015130,81136.972.48$81,945
Sep 202014631,84537.091.99$68,820
Aug 202016537,18639.982.39$95,289
Jul 2020546,35938.371.83$13,678
Jun 202018034.901.69$628
May 20206116,63916.921.81$31,228
Apr 202013820,58214.751.80$39,173
Mar 202015726,74030.341.86$54,399
Feb 202013823,92449.881.98$54,269
Jan 202015127,52557.252.09$66,302
Dec 201915428,58459.012.30$74,955
Nov 201914526,66855.302.75$81,374
Oct 201913827,88453.472.42$74,817
Sep 201912427,10555.052.66$78,852
Aug 201913328,43753.112.30$72,593
Jul 201911728,60856.272.46$76,961
Jun 201914728,49852.782.49$78,753
May 201914330,18958.482.74$91,090
Apr 201916729,93262.632.75$92,793
Mar 201920431,68456.803.06$108,607
Feb 201917029,34150.852.79$90,571
Jan 201919233,21746.033.23$116,068
Dec 201815833,59346.594.19$147,963
Nov 201818433,13652.934.24$150,144
Oct 201817234,76461.443.40$128,699
Sep 201815334,60759.543.11$116,668
Aug 201817337,15559.403.07$124,214
Jul 201815432,12965.142.93$104,230
Jun 201819135,21960.183.08$119,860
May 201820736,81465.382.90$120,324
Apr 201821636,58863.842.90$119,924
Mar 201824838,53561.222.79$122,573
Feb 201820935,65861.782.77$111,546
Jan 201826540,75462.874.01$180,056
Dec 201724840,90057.272.92$133,693
Nov 201724141,39455.423.12$142,438
Oct 201723343,34249.292.98$140,803
Sep 201722842,90847.523.09$143,304
Aug 201720245,90845.373.00$147,091
Jul 201724346,95243.873.09$155,614
Jun 201718846,72242.493.09$152,232
May 201723449,60345.373.26$172,491
Apr 201726749,28447.933.21$171,078
Mar 201730650,96146.772.98$166,363
Feb 201729746,88950.452.95$153,428
Jan 201733952,98549.413.42$197,895
Dec 201637854,42348.763.72$221,039
Nov 201628553,76842.492.64$154,291
Oct 201632357,30546.193.09$192,007
Sep 201629458,09141.553.10$192,334
Aug 201636461,94741.442.92$196,238
Jul 201637365,90841.622.92$208,262
Jun 201638465,51945.352.69$193,387
May 201639471,87242.521.99$159,853
Apr 201644069,36436.561.99$154,193
Mar 201652673,60333.011.79$149,408
Feb 201659761,15426.472.06$142,002
Jan 201659565,53627.352.36$171,224
Dec 201551865,78932.362.00$148,433
Nov 201563465,83338.792.17$167,275
Oct 201533966,45143.552.43$176,012
Sep 201519769,49342.992.76$200,160
Aug 201526180,69940.162.87$242,289
Jul 201552782,43048.152.95$268,138
Jun 201529741,45856.152.88$136,194
May 201546754,13055.212.96$185,762
Apr 201535132,65649.822.71$105,873
Mar 201596294,98242.892.93$320,005
Feb 201587489,69444.662.98$305,979
Jan 20151,148100,83443.433.10$362,507
Dec 20141,341105,28854.693.59$451,466
Nov 20141,189105,32670.464.25$531,606
Oct 20141,341115,51578.303.90$555,620
Sep 20141,381117,87386.164.05$595,835
Aug 20141,588128,96389.394.04$662,333
Jul 20141,552133,83896.564.18$709,250
Jun 20142,207137,95698.164.74$870,120
May 20142,342145,24694.734.73$908,372
Apr 20142,566145,39295.944.81$945,390
Mar 20142,904159,93695.895.06$1,087,229
Feb 20142,493142,40897.406.19$1,124,609
Jan 20143,318174,62490.404.86$1,148,746
Dec 20133,255192,08391.824.35$1,135,296
Nov 20132,922168,15188.853.74$888,215
Oct 201306,34897.423.78$23,991

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            29 bbl  × $ 98.93 =     $2,869
Gas               12,980 Mcf  × $  2.87 =    $37,249

────────────────────────────────────────────────────
Month total                                  $40,118

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/272469 is the state's own key, not one this site invented.