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 273022District 01Field 12018200Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$21.3 M
Nov 2013 – May 2026
Value, last 12 filed months
$400 k
at the published price for each month
Months reported
151
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
CondensateDisposition47,348 bbl$3,389,502
GasProduction4,984,536 Mcf$17,876,818
Total$21,266,319

Every month this lease reported (151)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

151 months

May 202600106.413.05$0
Apr 2026011,20698.932.87$32,158
Mar 202637,17289.753.15$22,857
Feb 20262711,08463.503.75$43,283
Jan 2026267,18359.138.00$58,986
Dec 202514615,58356.664.41$77,046
Nov 202505,05158.593.93$19,832
Oct 202522,38959.383.30$8,014
Sep 2025447,78762.743.08$26,721
Aug 20258910,55563.933.01$37,511
Jul 20257710,90766.743.32$41,298
Jun 20251108,07466.483.13$32,574
May 20252310,02460.553.23$33,793
Apr 2025309,55162.363.54$35,711
Mar 20252910,22367.704.27$45,598
Feb 2025339,46870.884.34$43,438
Jan 20254110,69274.324.28$48,795
Dec 20244410,30068.993.12$35,186
Nov 20242810,32369.052.20$24,628
Oct 20242810,80371.372.28$26,644
Sep 20242210,51069.612.36$26,381
Aug 20241510,80575.632.06$23,432
Jul 20242011,29879.932.15$25,851
Jun 20242111,10178.082.63$30,879
May 20242311,92778.812.20$28,033
Apr 20242711,67484.451.66$21,650
Mar 20243612,18480.301.55$21,717
Feb 20243911,68176.091.78$23,802
Jan 20244012,52073.023.30$44,208
Dec 20237612,89671.262.61$39,084
Nov 20234110,96677.892.81$33,981
Oct 20231513,12285.443.09$41,793
Sep 20232311,72689.042.74$34,119
Aug 2023311,68180.522.67$31,463
Jul 20231712,31274.852.64$33,798
Jun 20232713,75868.962.26$32,934
May 20231610,14970.622.23$23,736
Apr 20234513,90678.122.24$34,634
Mar 20235014,87372.852.39$39,236
Feb 20236116,25075.112.47$44,649
Jan 20235512,58876.533.39$46,854
Dec 20225611,79176.415.73$71,831
Nov 2022307,99385.005.65$47,680
Oct 20222313,96487.185.86$83,887
Sep 20224416,85384.888.16$141,317
Aug 20224116,20694.529.13$151,790
Jul 20224016,003101.587.54$124,759
Jun 20224915,480115.097.98$129,126
May 20225016,010109.378.43$140,481
Apr 20223515,845104.226.84$111,989
Mar 20227316,811108.885.08$93,288
Feb 20224314,97291.054.86$76,662
Jan 20223617,64881.844.54$83,027
Dec 20211217,97771.323.90$70,950
Nov 20217919,53377.435.24$108,408
Oct 20215021,70379.795.71$127,998
Sep 2021322,81169.865.35$122,269
Aug 20211824,47766.024.22$104,496
Jul 202120823,99970.783.98$110,288
Jun 202112312,78869.493.38$51,779
May 202104763.483.02$142
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 202017034.901.69$593
May 20205612,79416.921.81$24,165
Apr 202011818,36214.751.80$34,873
Mar 202013420,59830.341.86$42,300
Feb 202013019,43749.881.98$44,983
Jan 202014020,74457.252.09$51,468
Dec 201913320,47059.012.30$55,019
Nov 201912520,29655.302.75$62,741
Oct 201912822,05053.472.42$60,173
Sep 201910721,20355.052.66$62,233
Aug 201911522,49853.112.30$57,951
Jul 201910222,54956.272.46$61,211
Jun 201912722,57152.782.49$62,932
May 201912223,62858.482.74$71,883
Apr 201913823,71062.632.75$73,862
Mar 201917025,55056.803.06$87,893
Feb 201914623,23850.852.79$72,310
Jan 201919026,52446.033.23$94,370
Dec 201819127,42746.594.19$123,693
Nov 201816126,89852.934.24$122,495
Oct 201817927,46661.443.40$104,329
Sep 201816426,60859.543.11$92,462
Aug 201817428,30859.403.07$97,144
Jul 201815929,33765.142.93$96,370
Jun 201817031,34360.183.08$106,671
May 201816222,73965.382.90$76,553
Apr 201820027,92263.842.90$93,764
Mar 201824029,46961.222.79$96,818
Feb 201821026,97761.782.77$87,595
Jan 201827330,30562.874.01$138,666
Dec 201725430,90057.272.92$104,822
Nov 201723830,71155.423.12$108,958
Oct 201721332,53749.292.98$107,579
Sep 201720031,99247.523.09$108,272
Aug 201718833,80445.373.00$110,090
Jul 201723934,15643.873.09$115,934
Jun 201718534,21442.493.09$113,489
May 201721636,31445.373.26$128,307
Apr 201724136,72447.933.21$129,494
Mar 201726839,25846.772.98$129,668
Feb 201726836,18350.452.95$120,355
Jan 201729940,26249.413.42$152,421
Dec 201633640,84848.763.72$168,454
Nov 201625840,78842.492.64$118,820
Oct 201630543,13546.193.09$147,386
Sep 201628342,71141.553.10$144,190
Aug 201635345,19541.442.92$146,794
Jul 201637747,29341.622.92$153,992
Jun 201635247,41945.352.69$143,323
May 201641151,28842.521.99$119,592
Apr 201641249,50736.561.99$113,633
Mar 201646553,50033.011.79$111,329
Feb 201651152,40626.472.06$121,673
Jan 201648958,51427.352.36$151,722
Dec 201541960,67632.362.00$134,996
Nov 201555460,66938.792.17$152,979
Oct 201549867,37643.552.43$185,181
Sep 201538469,93942.992.76$209,429
Aug 201554577,27040.162.87$243,845
Jul 201566884,77048.152.95$281,819
Jun 201549049,50856.152.88$170,238
May 201582167,99155.212.96$246,271
Apr 201579478,03449.822.71$250,762
Mar 201575584,65342.892.93$280,814
Feb 201568877,90044.662.98$262,571
Jan 201597287,38043.433.10$313,147
Dec 20141,07992,48354.693.59$391,150
Nov 201496092,51070.464.25$460,979
Oct 20141,170104,41778.303.90$498,938
Sep 20141,280105,97886.164.05$539,012
Aug 20141,440116,14189.394.04$597,364
Jul 20141,390126,01396.564.18$660,902
Jun 20141,971129,19598.164.74$805,455
May 20141,712100,88894.734.73$639,031
Apr 20142,258140,80395.944.81$893,771
Mar 20142,505152,18395.895.06$1,009,763
Feb 20142,449129,27597.406.19$1,039,003
Jan 20143,302153,45390.404.86$1,044,393
Dec 20132,882159,40391.824.35$958,742
Nov 20131,05565,73588.853.74$339,473

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               11,206 Mcf  × $  2.87 =    $32,158

────────────────────────────────────────────────────
Month total                                  $32,158

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/273022 is the state's own key, not one this site invented.