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 272948District 01Field 12018200Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$28.9 M
Oct 2013 – May 2026
Value, last 12 filed months
$597 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
CondensateDisposition58,190 bbl$4,207,964
GasProduction7,184,460 Mcf$24,728,281
Total$28,936,246

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 2026012,97398.932.87$37,229
Mar 2026014,57289.753.15$45,894
Feb 2026113,81663.503.75$51,878
Jan 20262115,93659.138.00$128,697
Dec 202514416,33556.664.41$80,251
Nov 20253012,19158.593.93$49,625
Oct 20253915,96359.383.30$55,071
Sep 20254116,07062.743.08$52,018
Aug 20253619,42663.933.01$60,866
Jul 2025410,76666.743.32$35,958
Jun 20250066.483.13$0
May 202511,37360.553.23$4,499
Apr 20251710,96362.363.54$39,903
Mar 2025217,32067.704.27$32,666
Feb 20254713,61870.884.34$62,445
Jan 20253715,21174.324.28$67,833
Dec 2024215,76068.993.12$49,331
Nov 2024815,62169.052.20$34,894
Oct 2024514,75271.372.28$34,012
Sep 20241314,91069.612.36$36,158
Aug 20241916,21775.632.06$34,903
Jul 20242316,06479.932.15$36,321
Jun 20243215,31978.082.63$42,849
May 20243416,06878.812.20$38,004
Apr 20244015,85884.451.66$29,690
Mar 20244416,36180.301.55$28,813
Feb 20241915,76476.091.78$29,563
Jan 20244416,90473.023.30$58,957
Dec 20235617,74871.262.61$50,326
Nov 20233417,56677.892.81$51,966
Oct 20234718,71585.443.09$61,794
Sep 20235619,10189.042.74$57,228
Aug 20234314,45980.522.67$42,110
Jul 20232217,26674.852.64$47,260
Jun 20238619,96068.962.26$51,010
May 20238320,67570.622.23$51,913
Apr 20231618,88078.122.24$43,499
Mar 20234211,38272.852.39$30,299
Feb 20233928,23975.112.47$72,558
Jan 202304,40776.533.39$14,930
Dec 202246576.415.73$678
Nov 20223054585.005.65$5,627
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 2022111,346101.587.54$85,674
Jun 20222021,297115.097.98$172,192
May 20222822,654109.378.43$194,104
Apr 20223022,373104.226.84$156,104
Mar 20225723,834108.885.08$127,197
Feb 20224721,26491.054.86$107,598
Jan 20226524,91581.844.54$118,376
Dec 20215225,91871.323.90$104,766
Nov 20214925,84577.435.24$139,140
Oct 20214827,45679.795.71$160,710
Sep 20214828,23669.865.35$154,442
Aug 20215630,67666.024.22$133,168
Jul 20215732,99170.783.98$135,407
Jun 20213834,05069.493.38$117,751
May 20212515,60563.483.02$48,678
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20217057.805.55$405
Jan 20214615,57150.412.81$46,078
Dec 20207327,50944.642.68$76,858
Nov 20205826,55338.772.71$74,116
Oct 20205828,05336.972.48$71,672
Sep 20205227,74737.091.99$57,174
Aug 20205328,63239.982.39$70,409
Jul 20205329,06538.371.83$55,081
Jun 20206328,55534.901.69$50,466
May 20205630,64416.921.81$56,559
Apr 202011028,64914.751.80$53,316
Mar 202011830,55130.341.86$60,290
Feb 202011428,23149.881.98$61,603
Jan 202013033,11157.252.09$76,801
Dec 201912832,92559.012.30$83,424
Nov 201912931,30355.302.75$93,239
Oct 201913132,55353.472.42$85,735
Sep 201910931,52055.052.66$89,758
Aug 201911733,23753.112.30$82,804
Jul 201910333,62156.272.46$88,505
Jun 201912932,88552.782.49$88,732
May 201912433,70158.482.74$99,603
Apr 201914533,39362.632.75$100,935
Mar 201917935,36656.803.06$118,461
Feb 201915132,78750.852.79$99,227
Jan 201919238,33546.033.23$132,590
Dec 201819238,83846.594.19$171,499
Nov 201815638,21152.934.24$170,166
Oct 201815340,34561.443.40$146,496
Sep 201814039,92559.543.11$132,423
Aug 201817141,74459.403.07$138,168
Jul 201815142,41965.142.93$134,204
Jun 201815441,28060.183.08$136,283
May 201816943,37865.382.90$136,880
Apr 201817843,32763.842.90$137,046
Mar 201820645,67061.222.79$139,886
Feb 201818042,29461.782.77$128,111
Jan 201823847,10462.874.01$203,818
Dec 201721448,77957.272.92$154,765
Nov 201720048,90255.423.12$163,578
Oct 201719251,27349.292.98$162,446
Sep 201718051,05747.523.09$166,181
Aug 201716654,59345.373.00$171,551
Jul 201720355,84543.873.09$181,315
Jun 201715455,41642.493.09$177,628
May 201718159,32945.373.26$201,826
Apr 201719957,51147.933.21$194,240
Mar 201722860,58346.772.98$191,424
Feb 201723755,50050.452.95$175,826
Jan 201728461,23949.413.42$223,396
Dec 201632165,62448.763.72$259,959
Nov 201623065,34942.492.64$182,578
Oct 201625969,76546.193.09$227,555
Sep 201625370,32841.553.10$228,573
Aug 201629275,45241.442.92$232,748
Jul 201628679,98041.622.92$245,792
Jun 201631380,66045.352.69$230,834
May 201637186,75042.521.99$188,498
Apr 201646486,43636.561.99$189,061
Mar 201695789,58633.011.79$192,309
Feb 201650983,46226.472.06$185,708
Jan 201658087,09827.352.36$221,794
Dec 201554685,68232.362.00$189,153
Nov 201575085,29338.792.17$213,951
Oct 201574090,95943.552.43$252,946
Sep 201563793,19142.992.76$284,445
Aug 201582998,60840.162.87$316,543
Jul 20151,020101,54548.152.95$348,171
Jun 201586979,52456.152.88$278,051
May 20151,13393,41455.212.96$338,633
Apr 201568867,87949.822.71$217,995
Mar 20151,061116,84642.892.93$388,415
Feb 2015959100,46344.662.98$341,826
Jan 20151,361121,81743.433.10$436,818
Dec 20141,565122,99154.693.59$527,295
Nov 20141,379116,75970.464.25$593,605
Oct 20141,653133,06878.303.90$648,523
Sep 20141,685139,08386.164.05$707,832
Aug 20141,842145,42389.394.04$751,456
Jul 20141,677154,25896.564.18$806,668
Jun 20142,360167,32198.164.74$1,024,237
May 20142,843181,40494.734.73$1,126,734
Apr 20143,070188,49895.944.81$1,201,045
Mar 20143,416208,08995.895.06$1,379,825
Feb 20142,695144,24697.406.19$1,155,664
Jan 20143,962186,46090.404.86$1,264,495
Dec 20133,436188,96791.824.35$1,138,347
Nov 20132,124138,51688.853.74$706,529
Oct 201301,00897.423.78$3,810

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             0 bbl  × $ 98.93 =         $0
Gas               12,973 Mcf  × $  2.87 =    $37,229

────────────────────────────────────────────────────
Month total                                  $37,229

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/272948 is the state's own key, not one this site invented.