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 273011District 01Field 12018200Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$13.4 M
Oct 2013 – May 2026
Value, last 12 filed months
$354 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
CondensateDisposition16,245 bbl$1,251,539
GasProduction3,303,113 Mcf$12,185,012
Total$13,436,550

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 2026137,79898.932.87$23,664
Mar 2026158,67289.753.15$28,658
Feb 2026167,93563.503.75$30,775
Jan 2026249,21459.138.00$75,112
Dec 2025810,20656.664.41$45,496
Nov 202558,09458.593.93$32,074
Oct 20251110,19159.383.30$34,333
Sep 202529,98162.743.08$30,836
Aug 20251713,28663.933.01$41,141
Jul 202533,53466.743.32$11,916
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 2023076870.622.23$1,711
Apr 202332,50878.122.24$5,847
Mar 2023326,20372.852.39$17,176
Feb 20233186,42775.112.47$39,732
Jan 2023167,38376.533.39$26,236
Dec 2022216,75376.415.73$40,293
Nov 2022177,24885.005.65$42,369
Oct 202296,63787.185.86$39,702
Sep 202276,99984.888.16$57,732
Aug 202267,26994.529.13$66,912
Jul 202257,520101.587.54$57,224
Jun 202267,156115.097.98$57,775
May 202277,477109.378.43$63,819
Apr 202287,753104.226.84$53,846
Mar 2022117,677108.885.08$40,169
Feb 202295,56091.054.86$27,835
Jan 2022127,46481.844.54$34,851
Dec 202196,97471.323.90$27,834
Nov 202136,40477.435.24$33,769
Oct 202107,16579.795.71$40,940
Sep 202127,03069.865.35$37,757
Aug 202127,41466.024.22$31,423
Jul 202167,84670.783.98$31,668
Jun 202197,50769.493.38$26,004
May 2021107,49863.483.02$23,261
Apr 2021137,74760.362.76$22,154
Mar 2021159,01261.302.72$25,405
Feb 2021126,10857.805.55$34,580
Jan 2021177,59850.412.81$22,209
Dec 2020158,07344.642.68$22,269
Nov 2020107,97038.772.71$21,959
Oct 202038,02336.972.48$19,995
Sep 202007,95137.091.99$15,831
Aug 202018,16239.982.39$19,507
Jul 202078,34438.371.83$15,497
Jun 2020178,53534.901.69$15,020
May 2020138,46416.921.81$15,580
Apr 2020248,34714.751.80$15,415
Mar 2020308,65930.341.86$16,983
Feb 2020537,91149.881.98$18,313
Jan 2020448,58157.252.09$20,494
Dec 2019179,25559.012.30$22,330
Nov 201939,03455.302.75$25,016
Oct 201909,61853.472.42$23,262
Sep 201909,24755.052.66$24,572
Aug 201909,78053.112.30$22,537
Jul 201909,74556.272.46$23,973
Jun 201909,43452.782.49$23,502
May 201909,58058.482.74$26,252
Apr 201902,64762.632.75$7,281
Mar 201901,47656.803.06$4,520
Feb 201902,66850.852.79$7,450
Jan 201916,18546.033.23$20,012
Dec 2018199,39546.594.19$40,207
Nov 2018479,90252.934.24$44,445
Oct 2018399,34261.443.40$34,141
Sep 2018308,40359.543.11$27,903
Aug 20183110,59059.403.07$34,316
Jul 20182911,20765.142.93$34,747
Jun 20182911,53660.183.08$37,241
May 20183312,06965.382.90$37,167
Apr 20184011,89563.842.90$37,059
Mar 20184612,05261.222.79$36,403
Feb 20184410,63661.782.77$32,139
Jan 20185911,95162.874.01$51,625
Dec 20175312,52157.272.92$39,616
Nov 20175012,24355.423.12$40,949
Oct 20176822,20049.292.98$69,589
Sep 20176622,84247.523.09$73,656
Aug 20175724,09645.373.00$74,980
Jul 20176924,68643.873.09$79,240
Jun 20175824,62942.493.09$78,501
May 20177225,82745.373.26$87,550
Apr 20178125,54647.933.21$85,926
Mar 20179526,98746.772.98$84,964
Feb 20179725,62650.452.95$80,557
Jan 201710829,08949.413.42$104,786
Dec 201611830,18448.763.72$118,124
Nov 20168330,73342.492.64$84,795
Oct 20169934,37546.193.09$110,801
Sep 20168321,50841.553.10$70,137
Aug 20168041.442.92$332
Jul 20164520,82241.622.92$62,764
Jun 20167939,33645.352.69$109,232
May 20169541,71542.521.99$87,096
Apr 20169941,49136.561.99$86,230
Mar 201611544,67733.011.79$83,947
Feb 201615143,29726.472.06$93,346
Jan 201615043,62427.352.36$107,245
Dec 201512047,12532.362.00$98,200
Nov 201515447,12138.792.17$108,100
Oct 201513950,20843.552.43$127,887
Sep 201511750,64342.992.76$144,724
Aug 201514453,59040.162.87$159,720
Jul 201516955,70148.152.95$172,181
Jun 201516955,39656.152.88$169,188
May 201520557,87855.212.96$182,374
Apr 201524057,18249.822.71$166,724
Mar 201544258,86442.892.93$191,706
Feb 201513843,97444.662.98$137,038
Jan 201521957,92343.433.10$189,109
Dec 201422057,35454.693.59$218,011
Nov 201416654,29370.464.25$242,542
Oct 2014288,44678.303.90$35,140
Sep 20141039,22386.164.05$46,186
Aug 201449597,67189.394.04$438,362
Jul 201444295,81496.564.18$443,144
Jun 2014662119,29298.164.74$630,054
May 2014817119,18794.734.73$640,739
Apr 2014918122,21595.944.81$675,820
Mar 20141,044138,71995.895.06$801,583
Feb 2014921111,80297.406.19$781,983
Jan 20141,598152,95690.404.86$887,935
Dec 20131,667174,84191.824.35$914,406
Nov 20131,526134,06788.853.74$636,765
Oct 2013089197.423.78$3,367

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            13 bbl  × $ 98.93 =     $1,286
Gas                7,798 Mcf  × $  2.87 =    $22,378

────────────────────────────────────────────────────
Month total                                  $23,664

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/273011 is the state's own key, not one this site invented.