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 272470District 01Field 12018200Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$20.7 M
Oct 2013 – May 2026
Value, last 12 filed months
$311 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
CondensateDisposition45,687 bbl$3,445,546
GasProduction4,780,313 Mcf$17,208,863
Total$20,654,409

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 2026198,33398.932.87$25,793
Mar 2026268,54489.753.15$29,242
Feb 2026596,47763.503.75$28,037
Jan 2026806,29559.138.00$55,077
Dec 202531,55256.664.41$7,020
Nov 2025134,69558.593.93$19,196
Oct 2025228,27759.383.30$28,661
Sep 2025208,23362.743.08$26,587
Aug 2025198,95163.933.01$28,200
Jul 2025199,98966.743.32$34,384
Jun 2025198,92266.483.13$29,178
May 2025012760.553.23$411
Apr 2025159562.363.54$2,171
Mar 2025135,13567.704.27$22,798
Feb 2025206,01870.884.34$27,541
Jan 2025378,41174.324.28$38,738
Dec 2024246,59768.993.12$22,247
Nov 2024042269.052.20$928
Oct 2024135,88871.372.28$14,361
Sep 2024116,69369.612.36$16,590
Aug 2024169,16375.632.06$20,119
Jul 2024169,28079.932.15$21,199
Jun 2024158,93878.082.63$24,714
May 2024169,68378.812.20$22,548
Apr 2024249,42384.451.66$17,661
Mar 2024319,84980.301.55$17,707
Feb 2024379,43876.091.78$19,649
Jan 20245010,48773.023.30$38,234
Dec 20234011,30671.262.61$32,367
Nov 2023419,43477.892.81$29,680
Oct 2023286,82685.443.09$23,466
Sep 2023168,08689.042.74$23,540
Aug 2023119,53080.522.67$26,358
Jul 2023119,55574.852.64$26,066
Jun 202389,57568.962.26$22,177
May 2023208,42770.622.23$20,183
Apr 2023145,77978.122.24$14,026
Mar 202361,32472.852.39$3,606
Feb 2023365,81775.112.47$17,047
Jan 2023399,79776.533.39$36,174
Dec 2022101,84776.415.73$11,346
Nov 2022463,19685.005.65$21,955
Oct 20221206,51087.185.86$48,635
Sep 2022101,96884.888.16$16,915
Aug 2022424294.529.13$2,587
Jul 2022429,750101.587.54$77,802
Jun 2022117,793115.097.98$63,432
May 2022157,279109.378.43$63,025
Apr 202289,863104.226.84$68,273
Mar 2022149,164108.885.08$48,044
Feb 2022176,91191.054.86$35,127
Jan 2022198,85181.844.54$41,718
Dec 2021269,44571.323.90$38,682
Nov 2021318,57477.435.24$47,301
Oct 2021229,02479.795.71$53,317
Sep 202154,92269.865.35$26,687
Aug 20213112,66766.024.22$55,509
Jul 2021199,87270.783.98$40,656
Jun 2021166,65369.493.38$23,603
May 2021910,56363.483.02$32,447
Apr 20212213,05360.362.76$37,334
Mar 2021248,87161.302.72$25,573
Feb 2021179,68057.805.55$54,687
Jan 20212113,58350.412.81$39,231
Dec 20201012,65244.642.68$34,296
Nov 20201011,41438.772.71$31,280
Oct 2020412,63136.972.48$31,453
Sep 2020113,42837.091.99$26,773
Aug 2020413,86339.982.39$33,225
Jul 2020015,11938.371.83$27,594
Jun 2020214,77134.901.69$25,037
May 2020813,53616.921.81$24,700
Apr 2020279,45714.751.80$17,462
Mar 20208114,96930.341.86$30,243
Feb 20208214,54649.881.98$32,901
Jan 20208815,64757.252.09$37,814
Dec 20199216,19059.012.30$42,737
Nov 20198116,07755.302.75$48,702
Oct 2019217,34753.472.42$42,061
Sep 20192117,32255.052.66$47,185
Aug 20197817,63153.112.30$44,771
Jul 20197117,50356.272.46$47,054
Jun 20198917,09852.782.49$47,292
May 20198717,97858.482.74$54,353
Apr 201910117,89362.632.75$55,544
Mar 201912519,03756.803.06$65,393
Feb 201910817,63450.852.79$54,730
Jan 201914219,81746.033.23$70,509
Dec 201813920,33146.594.19$91,570
Nov 201811320,17552.934.24$91,467
Oct 201811121,51461.443.40$79,926
Sep 201810021,64559.543.11$73,227
Aug 201811223,34159.403.07$78,229
Jul 20189820,72265.142.93$67,138
Jun 201811821,90760.183.08$74,507
May 201813023,22365.382.90$75,865
Apr 201814023,37763.842.90$76,750
Mar 201816524,83761.222.79$79,318
Feb 201814123,20461.782.77$72,896
Jan 201817926,22562.874.01$116,398
Dec 201716926,94257.272.92$88,390
Nov 201716227,12155.423.12$93,551
Oct 201715928,65349.292.98$93,328
Sep 201715228,60647.523.09$95,538
Aug 201714330,51945.373.00$98,179
Jul 201716731,15143.873.09$103,498
Jun 201713431,59642.493.09$103,239
May 201716733,60445.373.26$117,240
Apr 201718733,89347.933.21$117,814
Mar 201721036,64146.772.98$119,147
Feb 201720634,97250.452.95$113,651
Jan 201723237,93749.413.42$141,162
Dec 201626639,29848.763.72$159,270
Nov 201620139,48142.492.64$112,942
Oct 201624442,30246.193.09$141,995
Sep 201623542,37741.553.10$141,160
Aug 201628545,07341.442.92$143,619
Jul 201626547,84141.622.92$150,933
Jun 201627748,30845.352.69$142,309
May 201632852,01542.521.99$117,511
Apr 201635151,18836.561.99$114,750
Mar 201641354,92733.011.79$112,173
Feb 201646946,21526.472.06$107,785
Jan 201643253,67127.352.36$138,713
Dec 201535157,38232.362.00$126,203
Nov 201544656,99938.792.17$140,836
Oct 201548860,98443.552.43$169,235
Sep 201540654,51242.992.76$167,821
Aug 201550959,90440.162.87$192,515
Jul 201558669,46248.152.95$232,787
Jun 2015649656.152.88$1,767
May 2015316955.212.96$665
Apr 201587049.822.71$4,334
Mar 201582484,05242.892.93$282,010
Feb 201588798,90244.662.98$333,965
Jan 20151,154113,23943.433.10$401,230
Dec 20141,181118,38054.693.59$489,734
Nov 20141,035113,35870.464.25$554,906
Oct 20141,212124,28178.303.90$579,715
Sep 20141,238128,00186.164.05$624,486
Aug 20141,273127,92689.394.04$629,990
Jul 20141,306136,37496.564.18$696,096
Jun 20141,690129,92698.164.74$781,334
May 20142,059151,42194.734.73$910,750
Apr 20142,134153,88395.944.81$944,778
Mar 20142,581170,34695.895.06$1,108,898
Feb 20142,559145,33597.406.19$1,149,161
Jan 20143,569179,95590.404.86$1,197,348
Dec 20133,742172,55691.824.35$1,094,982
Nov 20133,713170,56088.853.74$967,501
Oct 201348231,36697.423.78$165,500

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            19 bbl  × $ 98.93 =     $1,880
Gas                8,333 Mcf  × $  2.87 =    $23,913

────────────────────────────────────────────────────
Month total                                  $25,793

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/272470 is the state's own key, not one this site invented.