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 272568District 01Field 12018200Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$26.7 M
Oct 2013 – May 2026
Value, last 12 filed months
$438 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
CondensateDisposition62,173 bbl$4,532,916
GasProduction6,474,209 Mcf$22,201,849
Total$26,734,765

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 2026267,82298.932.87$25,019
Mar 20264111,61089.753.15$40,245
Feb 20264210,07463.503.75$40,448
Jan 2026577,73359.138.00$65,218
Dec 2025347,05156.664.41$33,045
Nov 2025257,17258.593.93$29,625
Oct 20254312,13159.383.30$42,644
Sep 20254112,30862.743.08$40,443
Aug 20253110,70163.933.01$34,243
Jul 20254514,30666.743.32$50,431
Jun 20255310,53766.483.13$36,491
May 2025123,81460.553.23$13,055
Apr 2025245,48862.363.54$20,941
Mar 2025357,17067.704.27$32,973
Feb 2025449,00270.884.34$42,195
Jan 20255910,94874.324.28$51,228
Dec 20245912,01468.993.12$41,571
Nov 20244411,41669.052.20$28,136
Oct 20244212,16771.372.28$30,755
Sep 20243912,41269.612.36$32,061
Aug 20243812,69975.632.06$29,080
Jul 20243612,99479.932.15$30,770
Jun 20243512,12278.082.63$34,662
May 20244013,15878.812.20$32,079
Apr 20244613,22084.451.66$25,819
Mar 20245513,25180.301.55$24,891
Feb 20246312,94376.091.78$27,879
Jan 20248014,19573.023.30$52,652
Dec 20239414,69771.262.61$45,068
Nov 202312313,28677.892.81$46,882
Oct 20238914,61485.443.09$52,722
Sep 20237714,01989.042.74$45,199
Aug 20237314,68980.522.67$45,140
Jul 20237714,87874.852.64$45,068
Jun 20237314,70768.962.26$38,250
May 20238114,79470.622.23$38,672
Apr 2023214,79078.122.24$33,253
Mar 20231414,74072.852.39$36,295
Feb 2023716,09175.112.47$40,201
Jan 20231514,18076.533.39$49,186
Dec 202210915,74576.415.73$98,533
Nov 202232118,50885.005.65$131,785
Oct 202252122,07287.185.86$174,846
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202217,729101.587.54$58,394
Jun 2022314,562115.097.98$116,509
May 2022515,390109.378.43$130,331
Apr 2022815,181104.226.84$104,635
Mar 2022416,049108.885.08$81,907
Feb 20221114,02191.054.86$69,127
Jan 20223716,40881.844.54$77,482
Dec 2021416,45271.323.90$64,434
Nov 2021616,14377.435.24$85,003
Oct 20213716,75379.795.71$98,677
Sep 20211716,53569.865.35$89,665
Aug 2021717,94766.024.22$76,209
Jul 20213418,61670.783.98$76,537
Jun 20219519,55169.493.38$72,696
May 202112810,17063.483.02$38,815
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20211057.805.55$58
Jan 2021914,30950.412.81$40,666
Dec 20202524,54544.642.68$66,785
Nov 20204323,58238.772.71$65,493
Oct 20204924,75836.972.48$63,173
Sep 20205124,49637.091.99$50,664
Aug 20206625,47439.982.39$63,397
Jul 20206526,36238.371.83$50,608
Jun 20207626,14634.901.69$46,847
May 20206328,19816.921.81$52,238
Apr 202011326,79514.751.80$50,015
Mar 202011928,48130.341.86$56,478
Feb 20208626,49949.881.98$56,775
Jan 202012329,62757.252.09$69,103
Dec 201911930,70559.012.30$77,778
Nov 201914228,80155.302.75$87,076
Oct 201914329,78053.472.42$79,670
Sep 201911928,81755.052.66$83,126
Aug 201912730,83753.112.30$77,805
Jul 201911630,68056.272.46$82,002
Jun 201914730,56452.782.49$83,900
May 201913731,18658.482.74$93,471
Apr 201915530,84862.632.75$94,561
Mar 201919332,51256.803.06$110,517
Feb 201916330,16250.852.79$92,507
Jan 201920835,49146.033.23$124,146
Dec 201818635,93946.594.19$159,086
Nov 201810035,40852.934.24$155,325
Oct 20186737,07461.443.40$130,097
Sep 20186336,54759.543.11$117,339
Aug 20189838,40259.403.07$123,583
Jul 201818039,10665.142.93$126,379
Jun 201827738,21760.183.08$134,261
May 201829240,13065.382.90$135,500
Apr 201821940,13363.842.90$130,399
Mar 201825242,23561.222.79$133,130
Feb 201821939,31861.782.77$122,288
Jan 201825043,26062.874.01$189,161
Dec 201718745,00957.272.92$142,204
Nov 201725945,38455.423.12$155,877
Oct 201722147,89349.292.98$153,790
Sep 201718046,71247.523.09$152,767
Aug 201717949,91345.373.00$158,080
Jul 201721751,02643.873.09$167,051
Jun 201718350,76742.493.09$164,508
May 201722354,01845.373.26$186,400
Apr 201721752,97147.933.21$180,522
Mar 201726955,73946.772.98$178,888
Feb 201725451,50250.452.95$164,879
Jan 201730157,75449.413.42$212,322
Dec 201636059,66948.763.72$239,691
Nov 201626159,51742.492.64$168,474
Oct 201630163,89646.193.09$211,358
Sep 201628464,19241.553.10$210,836
Aug 201636468,43341.442.92$215,206
Jul 201633771,97141.622.92$224,494
Jun 201636972,30345.352.69$210,928
May 201645177,65542.521.99$173,791
Apr 201645278,29736.561.99$172,418
Mar 201654680,38033.011.79$162,226
Feb 201664173,12126.472.06$167,862
Jan 201661578,74427.352.36$202,999
Dec 201554382,31232.362.00$182,312
Nov 201577282,27838.792.17$208,269
Oct 201579888,50643.552.43$249,520
Sep 201572887,69642.992.76$273,199
Aug 201593193,07140.162.87$304,734
Jul 20151,12796,88348.152.95$339,593
Jun 201599778,30756.152.88$281,730
May 20151,30688,42455.212.96$333,437
Apr 201563660,99749.822.71$196,778
Mar 2015962101,46742.892.93$339,036
Feb 201584289,70644.662.98$304,586
Jan 20151,195106,97343.433.10$383,583
Dec 20141,397113,85354.693.59$485,289
Nov 20141,256116,33470.464.25$583,131
Oct 20141,511115,98378.303.90$570,756
Sep 20141,555117,22586.164.05$608,206
Aug 20141,731133,10989.394.04$691,845
Jul 20141,681142,03096.564.18$755,946
Jun 20142,261143,47198.164.74$901,545
May 20142,690156,03994.734.73$992,351
Apr 20142,965160,42495.944.81$1,055,960
Mar 20143,370179,73995.895.06$1,232,053
Feb 20142,745128,66597.406.19$1,064,057
Jan 20144,145173,39190.404.86$1,217,513
Dec 20134,337192,27591.824.35$1,235,481
Nov 20133,898156,91088.853.74$932,911
Oct 201302,07697.423.78$7,846

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                7,822 Mcf  × $  2.87 =    $22,447

────────────────────────────────────────────────────
Month total                                  $25,019

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/272568 is the state's own key, not one this site invented.