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 272482District 01Field 12018200Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$25.3 M
Oct 2013 – May 2026
Value, last 12 filed months
$516 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
CondensateDisposition51,064 bbl$3,849,966
GasProduction6,173,801 Mcf$21,496,647
Total$25,346,614

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 20264512,49498.932.87$40,306
Mar 20266312,74489.753.15$45,791
Feb 20263013,32363.503.75$51,871
Jan 20265319,58159.138.00$159,741
Dec 2025372256.664.41$3,356
Nov 2025154,80458.593.93$19,741
Oct 20252912,91259.383.30$44,394
Sep 20252713,27862.743.08$42,549
Aug 2025137,39063.933.01$23,110
Jul 20252213,42266.743.32$45,965
Jun 20252112,17966.483.13$39,501
May 20252212,03160.553.23$40,220
Apr 20252912,72362.363.54$46,888
Mar 20254313,45867.704.27$60,354
Feb 20253812,50570.884.34$56,976
Jan 20254913,80674.324.28$62,713
Dec 20243812,57568.993.12$41,873
Nov 20243013,47869.052.20$31,702
Oct 20243215,30871.372.28$37,208
Sep 20242011,83069.612.36$29,363
Aug 20242314,59875.632.06$31,864
Jul 20242515,07179.932.15$34,350
Jun 20242917,19378.082.63$47,550
May 2024168,73278.812.20$20,458
Apr 20246714,83184.451.66$30,266
Mar 20244315,71780.301.55$27,738
Feb 20244415,10476.091.78$30,288
Jan 20245616,92573.023.30$59,902
Dec 20235216,88271.262.61$47,780
Nov 20235317,05577.892.81$52,011
Oct 20233410,68185.443.09$35,880
Sep 20237916,08989.042.74$51,038
Aug 20232414,61180.522.67$40,986
Jul 20231317,89274.852.64$48,240
Jun 2023118,07968.962.26$40,900
May 2023019,28870.622.23$42,962
Apr 2023018,70778.122.24$41,862
Mar 2023018,46472.852.39$44,187
Feb 2023022,10075.112.47$54,492
Jan 2023020,43976.533.39$69,242
Dec 202225,11376.415.73$29,446
Nov 2022226,75385.005.65$39,999
Oct 20228224,49887.185.86$150,799
Sep 20223915,29184.888.16$128,141
Aug 2022110894.529.13$1,080
Jul 2022146,330101.587.54$49,163
Jun 20224017,392115.097.98$143,343
May 20224218,904109.378.43$164,012
Apr 20224719,101104.226.84$135,503
Mar 20225920,485108.885.08$110,414
Feb 20225219,43991.054.86$99,186
Jan 20227622,28881.844.54$107,356
Dec 20215721,35571.323.90$87,331
Nov 20212417,37477.435.24$92,843
Oct 2021617,30379.795.71$99,346
Sep 2021019,70669.865.35$105,445
Aug 2021323,87866.024.22$100,977
Jul 20212019,46570.783.98$78,927
Jun 2021166,94869.493.38$24,600
May 20213821,81163.483.02$68,231
Apr 20212823,04460.362.76$65,255
Mar 20211225,85261.302.72$70,974
Feb 20211617,78257.805.55$99,578
Jan 20212025,20650.412.81$71,844
Dec 20205325,45744.642.68$70,475
Nov 20205125,12438.772.71$69,977
Oct 20205027,92736.972.48$71,064
Sep 20203830,42937.091.99$61,995
Aug 20203338,92839.982.39$94,167
Jul 202086,03238.371.83$11,316
Jun 20207034.901.69$244
May 20202415,78816.921.81$29,057
Apr 20205321,60614.751.80$39,767
Mar 20208028,24830.341.86$54,862
Feb 20206728,18349.881.98$59,163
Jan 20207934,32657.252.09$76,427
Dec 20199927,41459.012.30$69,014
Nov 20198323,84555.302.75$70,180
Oct 20199826,73253.472.42$69,892
Sep 20197321,81155.052.66$61,977
Aug 20196414,01353.112.30$35,690
Jul 20197313,94156.272.46$38,403
Jun 201913021,44652.782.49$60,288
May 20197919,70158.482.74$58,607
Apr 20199825,01362.632.75$74,941
Mar 201912428,23356.803.06$93,495
Feb 201910826,49450.852.79$79,469
Jan 201914630,74146.033.23$105,958
Dec 201814131,99346.594.19$140,474
Nov 201811432,67252.934.24$144,473
Oct 201811331,74761.443.40$114,822
Sep 20189733,24759.543.11$109,107
Aug 201810135,70659.403.07$115,494
Jul 20187531,05765.142.93$95,941
Jun 201812633,56660.183.08$110,863
May 201813635,31865.382.90$111,342
Apr 201814035,88063.842.90$113,018
Mar 201816537,45261.222.79$114,474
Feb 201813534,71761.782.77$104,372
Jan 201816538,71062.874.01$165,574
Dec 201716440,28157.272.92$127,074
Nov 201715041,27555.423.12$137,023
Oct 201715042,82349.292.98$135,164
Sep 201714642,70147.523.09$138,768
Aug 201713745,81645.373.00$143,865
Jul 201716746,20443.873.09$149,971
Jun 201713546,40742.493.09$149,008
May 201716849,41945.373.26$168,896
Apr 201718449,60747.933.21$168,137
Mar 201720253,14346.772.98$168,009
Feb 201720448,81150.452.95$154,411
Jan 201723754,50049.413.42$198,035
Dec 201627656,17048.763.72$222,569
Nov 201620456,33442.492.64$157,635
Oct 201623060,13246.193.09$196,447
Sep 201622261,24141.553.10$199,110
Aug 201628364,33541.442.92$199,865
Jul 201628670,34641.622.92$217,619
Jun 201630270,36845.352.69$202,692
May 201632377,49542.521.99$168,030
Apr 201636276,47636.561.99$165,502
Mar 201639381,56733.011.79$159,305
Feb 201634367,95626.472.06$149,315
Jan 201652870,55627.352.36$181,261
Dec 201544774,17732.362.00$162,924
Nov 201557975,01238.792.17$185,035
Oct 201545079,33443.552.43$212,108
Sep 201542377,64142.992.76$232,351
Aug 201555382,73740.162.87$259,870
Jul 201580882,47448.152.95$281,798
Jun 201539146,06156.152.88$154,742
May 201557355,49755.212.96$195,654
Apr 201527932,95949.822.71$103,106
Mar 201585195,57942.892.93$316,996
Feb 201581890,30144.662.98$305,285
Jan 20151,146101,02143.433.10$363,000
Dec 20141,404107,07054.693.59$461,312
Nov 20141,230106,98670.464.25$541,553
Oct 20141,277116,35078.303.90$553,866
Sep 20141,396121,15986.164.05$610,421
Aug 20141,505126,34289.394.04$644,337
Jul 20141,371129,36896.564.18$673,090
Jun 20141,938130,25198.164.74$807,217
May 20142,379141,84094.734.73$895,778
Apr 20142,737145,33595.944.81$961,521
Mar 20143,049159,14695.895.06$1,097,138
Feb 20142,920141,70097.406.19$1,161,814
Jan 20144,098170,39390.404.86$1,198,692
Dec 20134,029182,63891.824.35$1,165,236
Nov 20133,494161,66088.853.74$914,772
Oct 201308,86397.423.78$33,496

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            45 bbl  × $ 98.93 =     $4,452
Gas               12,494 Mcf  × $  2.87 =    $35,854

────────────────────────────────────────────────────
Month total                                  $40,306

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/272482 is the state's own key, not one this site invented.