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 273019District 01Field 12018200Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$18.1 M
Oct 2013 – May 2026
Value, last 12 filed months
$283 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
CondensateDisposition53,728 bbl$3,900,237
GasProduction3,942,245 Mcf$14,229,623
Total$18,129,861

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 2026266,27098.932.87$20,565
Mar 2026163,17589.753.15$11,435
Feb 2026275,20563.503.75$21,235
Jan 2026406,57359.138.00$54,936
Dec 2025276,15956.664.41$28,712
Nov 2025555,75258.593.93$25,807
Oct 2025477,14259.383.30$26,394
Sep 2025297,09962.743.08$23,663
Aug 2025284,99663.933.01$16,852
Jul 2025416,75966.743.32$25,144
Jun 20251216,41166.483.13$28,102
May 2025996,58560.553.23$27,279
Apr 2025226,11162.363.54$23,024
Mar 2025316,50967.704.27$29,881
Feb 2025376,00370.884.34$28,681
Jan 2025496,68374.324.28$32,236
Dec 2024456,58668.993.12$23,662
Nov 2024336,60869.052.20$16,806
Oct 2024326,85671.372.28$17,925
Sep 2024286,69469.612.36$17,776
Aug 2024267,10675.632.06$16,631
Jul 2024286,97879.932.15$17,217
Jun 2024306,90378.082.63$20,525
May 2024317,14278.812.20$18,144
Apr 2024357,00284.451.66$14,573
Mar 2024427,28080.301.55$14,621
Feb 2024426,82676.091.78$15,371
Jan 2024517,54873.023.30$28,615
Dec 2023527,72971.262.61$23,884
Nov 2023517,93777.892.81$26,256
Oct 2023728,15685.443.09$31,332
Sep 2023737,79389.042.74$27,814
Aug 2023278,27680.522.67$24,295
Jul 2023296,96374.852.64$20,566
Jun 2023705,17668.962.26$16,517
May 2023266,21870.622.23$15,686
Apr 2023205,16578.122.24$13,120
Mar 2023407,81972.852.39$21,626
Feb 2023618,80975.112.47$26,302
Jan 20238710,95776.533.39$43,777
Dec 20221399,37376.415.73$64,320
Nov 20221368,57585.005.65$59,976
Oct 202218113,47287.185.86$94,776
Sep 20221084.888.16$85
Aug 2022123,88294.529.13$36,566
Jul 2022328,860101.587.54$70,073
Jun 2022418,474115.097.98$72,317
May 2022348,544109.378.43$75,770
Apr 2022429,449104.226.84$68,986
Mar 20226310,417108.885.08$59,740
Feb 2022579,40791.054.86$50,897
Jan 20228210,87281.844.54$56,045
Dec 2021609,96471.323.90$43,130
Nov 20216811,10077.435.24$63,394
Oct 20216512,13679.795.71$74,530
Sep 20217313,08669.865.35$75,122
Aug 20216510,28166.024.22$47,683
Jul 202111112,68470.783.98$58,365
Jun 202116318,66769.493.38$74,433
May 202101,66763.483.02$5,030
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 202013034.901.69$454
May 2020427,89116.921.81$15,031
Apr 20208611,77714.751.80$22,519
Mar 202010414,05830.341.86$29,250
Feb 202012113,78349.881.98$33,335
Jan 202013315,04357.252.09$39,125
Dec 201913315,18959.012.30$42,849
Nov 201912915,12255.302.75$48,730
Oct 201913116,10953.472.42$45,965
Sep 201910615,74955.052.66$47,685
Aug 201911616,38353.112.30$43,913
Jul 201910216,25456.272.46$45,725
Jun 201912515,81652.782.49$45,998
May 201912116,47758.482.74$52,228
Apr 201914016,49862.632.75$54,149
Mar 201918217,39156.803.06$63,591
Feb 201915616,32550.852.79$53,516
Jan 201921217,99046.033.23$67,833
Dec 201818619,23746.594.19$89,181
Nov 20188410,87152.934.24$50,509
Oct 20189216,94261.443.40$63,223
Sep 201815616,95959.543.11$61,997
Aug 201820218,21059.403.07$67,841
Jul 201830121,22465.142.93$81,833
Jun 201826622,19560.183.08$84,300
May 201815014,23065.382.90$51,085
Apr 201820720,16363.842.90$71,704
Mar 201826321,76961.222.79$76,768
Feb 201824919,84961.782.77$70,288
Jan 201830421,37662.874.01$104,816
Dec 201726222,76157.272.92$81,501
Nov 201725822,87455.423.12$85,628
Oct 201723423,35749.292.98$81,224
Sep 201722523,03947.523.09$81,820
Aug 201721924,96545.373.00$84,941
Jul 201726224,89443.873.09$88,349
Jun 201719425,25142.493.09$86,200
May 201723126,81645.373.26$97,992
Apr 201727227,17647.933.21$100,315
Mar 201730328,86546.772.98$100,295
Feb 201729726,89850.452.95$94,403
Jan 201732830,31949.413.42$119,861
Dec 201637631,16048.763.72$134,337
Nov 201628331,14142.492.64$94,372
Oct 201633232,98446.193.09$117,264
Sep 201630733,20841.553.10$115,722
Aug 201636635,24541.442.92$118,235
Jul 201637837,14741.622.92$124,363
Jun 201646937,51445.352.69$122,025
May 201644040,49142.521.99$99,328
Apr 201644739,95436.561.99$95,892
Mar 201650042,09633.011.79$92,026
Feb 201655442,16226.472.06$101,671
Jan 201652447,93827.352.36$127,674
Dec 201545450,57132.362.00$115,905
Nov 201561651,16738.792.17$134,790
Oct 201561856,82443.552.43$164,802
Sep 201555657,73242.992.76$183,152
Aug 201572263,48340.162.87$211,350
Jul 201598173,36348.152.95$263,295
Jun 201579749,53856.152.88$187,563
May 201582243,19255.212.96$173,034
Apr 201528518,40149.822.71$64,002
Mar 201573854,04142.892.93$190,247
Feb 201577152,90544.662.98$191,888
Jan 201592761,65143.433.10$231,417
Dec 20141,08066,82354.693.59$299,051
Nov 201499370,67070.464.25$370,444
Oct 20141,17178,68678.303.90$398,640
Sep 20141,29381,51386.164.05$441,161
Aug 20141,47084,88289.394.04$473,912
Jul 20141,45189,47096.564.18$514,057
Jun 20141,90388,33798.164.74$605,240
May 20141,92074,88194.734.73$535,811
Apr 20142,636109,23395.944.81$778,212
Mar 20142,966124,02795.895.06$911,589
Feb 20142,796123,94397.406.19$1,039,785
Jan 20144,058156,40490.404.86$1,127,079
Dec 20133,621178,38291.824.35$1,109,241
Nov 20132,259104,88588.853.74$592,802
Oct 20130175,23797.423.78$662,284

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                6,270 Mcf  × $  2.87 =    $17,993

────────────────────────────────────────────────────
Month total                                  $20,565

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/273019 is the state's own key, not one this site invented.