GALVAN RANCH

Operated by CATURUS ENERGY, LLC (P-5 103593) 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 273023District 01Field 12018200Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$29.4 M
Nov 2013 – May 2026
Value, last 12 filed months
$0
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
CondensateDisposition60,345 bbl$4,339,027
GasProduction7,189,666 Mcf$25,067,763
Total$29,406,790

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 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
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 202502974.324.28$124
Dec 202401868.993.12$56
Nov 202403269.052.20$70
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 202424,25775.632.06$8,936
Jul 2024813,99279.932.15$30,675
Jun 2024813,93278.082.63$37,321
May 20241413,66278.812.20$31,138
Apr 20241114,40384.451.66$24,826
Mar 20241414,92580.301.55$24,185
Feb 20241513,88176.091.78$25,900
Jan 20241814,38373.023.30$48,745
Dec 20231814,61271.262.61$39,431
Nov 20231714,71677.892.81$42,640
Oct 20231714,80785.443.09$47,166
Sep 20233314,24089.042.74$41,885
Aug 20231217,02380.522.67$46,467
Jul 202337,21974.852.64$19,296
Jun 2023811,09868.962.26$25,616
May 20231815,97170.622.23$36,845
Apr 20231416,69578.122.24$38,453
Mar 2023518,84972.852.39$45,473
Feb 20231116,31975.112.47$41,064
Jan 202345,27576.533.39$18,176
Dec 2022758476.415.73$3,881
Nov 20224013,42485.005.65$79,195
Oct 20223517,74487.185.86$107,098
Sep 20223218,95784.888.16$157,475
Aug 2022022,18094.529.13$202,440
Jul 202202,666101.587.54$20,107
Jun 202248,852115.097.98$71,075
May 202287,616109.378.43$65,101
Apr 202222,798104.226.84$19,340
Mar 202299,217108.885.08$47,769
Feb 202298,75491.054.86$43,354
Jan 2022109,34781.844.54$43,232
Dec 2021913,60971.323.90$53,705
Nov 2021917,02177.435.24$89,833
Oct 2021819,77979.795.71$113,653
Sep 20211019,58769.865.35$105,507
Aug 20211020,45266.024.22$86,980
Jul 20211220,92370.783.98$84,166
Jun 20211420,72269.493.38$71,026
May 20211621,66163.483.02$66,381
Apr 20211921,79060.362.76$61,253
Mar 20212023,93761.302.72$66,261
Feb 20211615,01357.805.55$84,216
Jan 20212522,05250.412.81$63,232
Dec 20202221,72844.642.68$59,114
Nov 20201921,54738.772.71$59,055
Oct 20202022,67836.972.48$56,945
Sep 20201822,33537.091.99$45,138
Aug 20201723,45039.982.39$56,610
Jul 20201924,70138.371.83$45,811
Jun 20202524,70234.901.69$42,627
May 20202426,60916.921.81$48,695
Apr 20204922,16114.751.80$40,710
Mar 20205025,84130.341.86$49,484
Feb 20207225,82649.881.98$54,744
Jan 20203324,36557.252.09$52,928
Dec 20193927,80559.012.30$66,374
Nov 20194027,75855.302.75$78,566
Oct 20194029,46253.472.42$73,394
Sep 20193228,60255.052.66$77,765
Aug 20193530,04753.112.30$71,098
Jul 20193230,32356.272.46$76,397
Jun 20193930,71052.782.49$78,563
May 20193931,74758.482.74$89,278
Apr 20193932,89162.632.75$92,916
Mar 20195035,12256.803.06$110,387
Feb 20194432,43350.852.79$92,797
Jan 20198936,69846.033.23$122,564
Dec 201816436,41346.594.19$160,045
Nov 20183334,33852.934.24$147,245
Oct 20185538,43661.443.40$133,988
Sep 20184938,35259.543.11$122,115
Aug 20185441,06459.403.07$129,133
Jul 20185242,75165.142.93$128,728
Jun 20186642,97360.183.08$136,196
May 201810445,44565.382.90$138,626
Apr 20187045,41563.842.90$136,209
Mar 20188449,00361.222.79$141,706
Feb 20188244,40861.782.77$127,904
Jan 201811150,97062.874.01$211,334
Dec 20179752,75357.272.92$159,674
Nov 20177654,09655.423.12$172,903
Oct 20178360,75049.292.98$185,350
Sep 201711856,48847.523.09$180,002
Aug 201712456,84845.373.00$176,420
Jul 201717153,23243.873.09$171,844
Jun 201713056,92942.493.09$181,279
May 201714263,62945.373.26$214,089
Apr 201717466,95847.933.21$223,382
Mar 201723472,62946.772.98$227,646
Feb 201728265,58250.452.95$207,864
Jan 201738373,30049.413.42$269,522
Dec 201649780,39948.763.72$323,546
Nov 201631676,60942.492.64$216,008
Oct 201638682,74246.193.09$273,524
Sep 201637486,18641.553.10$282,771
Aug 201650795,13241.442.92$299,208
Jul 2016558104,33341.622.92$328,329
Jun 2016685102,59645.352.69$306,620
May 201685486,13642.521.99$207,812
Apr 20161036.561.99$37
Mar 2016317933.011.79$420
Feb 201634126.472.06$902
Jan 201633316,39027.352.36$47,859
Dec 2015756119,20632.362.00$263,044
Nov 20151,037118,75638.792.17$297,609
Oct 20151,049126,95843.552.43$353,758
Sep 2015968127,17142.992.76$392,405
Aug 20151,216136,89540.162.87$442,064
Jul 20151,409138,54148.152.95$475,858
Jun 20151,14898,51956.152.88$348,477
May 20151,605154,00155.212.96$543,754
Apr 20151,648157,38649.822.71$508,080
Mar 20151,754161,06842.892.93$547,917
Feb 20151,613140,32244.662.98$489,662
Jan 20151,646116,22143.433.10$431,844
Dec 20141,655101,61654.693.59$455,452
Nov 20141,844141,26170.464.25$730,547
Oct 20142,211157,23478.303.90$786,485
Sep 20142,264161,68586.164.05$849,153
Aug 20142,410176,29389.394.04$926,793
Jul 20142,041181,22596.564.18$954,527
Jun 20142,781191,56798.164.74$1,180,413
May 20143,169186,11694.734.73$1,179,888
Apr 20143,181185,20995.944.81$1,195,877
Mar 20143,311197,73595.895.06$1,317,398
Feb 20142,881184,21297.406.19$1,421,250
Jan 20144,086209,96490.404.86$1,389,951
Dec 20133,036204,76491.824.35$1,170,406
Nov 201368053,71288.853.74$261,209

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.

Jan 2025 — as filed, then multipliedworked
Condensate             0 bbl  × $ 74.32 =         $0
Gas                   29 Mcf  × $  4.28 =       $124

────────────────────────────────────────────────────
Month total                                     $124

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/273023 is the state's own key, not one this site invented.