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 273217District 01Field 12018200Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$7.4 M
Jan 2014 – May 2026
Value, last 12 filed months
$86
at the published price for each month
Months reported
149
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
CondensateDisposition42,001 bbl$3,016,927
GasProduction1,180,832 Mcf$4,369,630
Total$7,386,557

Every month this lease reported (149)

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

149 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 202502659.383.30$86
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 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 202305670.622.23$125
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 202241587.185.86$437
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202260115.097.98$691
May 20221254,537109.378.43$51,932
Apr 20221104,777104.226.84$44,127
Mar 20221264,680108.885.08$37,476
Feb 2022934,29691.054.86$29,341
Jan 20221534,87781.844.54$34,652
Dec 20211224,93471.323.90$27,939
Nov 20211085,09377.435.24$35,034
Oct 2021705,75979.795.71$38,491
Sep 2021854,84469.865.35$31,858
Aug 2021985,53666.024.22$29,835
Jul 20211246,38470.783.98$34,198
Jun 2021997,26469.493.38$31,436
May 2021153963.483.02$1,070
Apr 2021993,28360.362.76$15,032
Mar 20211084,43861.302.72$18,678
Feb 2021883,95557.805.55$27,029
Jan 20211374,67850.412.81$20,053
Dec 20201324,83144.642.68$18,818
Nov 20201244,59138.772.71$17,233
Oct 20201024,33536.972.48$14,515
Sep 20201124,73137.091.99$13,574
Aug 20201084,80639.982.39$15,781
Jul 20201144,80138.371.83$13,137
Jun 20201234,76034.901.69$12,339
May 20201005,04116.921.81$10,840
Apr 20201244,03914.751.80$9,117
Mar 20201824,79030.341.86$14,413
Feb 20201684,61349.881.98$17,517
Jan 20201414,04857.252.09$16,552
Dec 20192485,04759.012.30$26,265
Nov 20192315,05855.302.75$26,687
Oct 20191704,71053.472.42$20,481
Sep 20191204,57655.052.66$18,766
Aug 20191344,89853.112.30$18,404
Jul 20191225,31756.272.46$19,945
Jun 20191414,94552.782.49$19,761
May 20191447,04858.482.74$27,735
Apr 2019843,82862.632.75$15,791
Mar 201944,74156.803.06$14,745
Feb 2019156,28150.852.79$18,301
Jan 2019287,94246.033.23$26,927
Dec 201835,80846.594.19$24,449
Nov 201805,23952.934.24$22,199
Oct 201807,29861.443.40$24,799
Sep 201804,87259.543.11$15,142
Aug 2018136,46859.403.07$20,607
Jul 2018525,74865.142.93$20,240
Jun 2018506,37860.183.08$22,634
May 20181656,68865.382.90$30,188
Apr 20182537,16263.842.90$36,927
Mar 20182997,59961.222.79$39,482
Feb 20182596,80861.782.77$34,833
Jan 20183367,87762.874.01$52,706
Dec 20173078,15957.272.92$41,419
Nov 20172768,35155.423.12$41,337
Oct 20172648,94549.292.98$39,702
Sep 20173358,65447.523.09$42,637
Aug 20173508,71545.373.00$42,063
Jul 20174026,60243.873.09$38,018
Jun 20171775,87642.493.09$25,662
May 20171976,73745.373.26$30,923
Apr 20172367,65347.933.21$35,890
Mar 20172999,87046.772.98$43,433
Feb 20173089,69750.452.95$44,170
Jan 20173679,06649.413.42$49,128
Dec 201635210,24548.763.72$55,304
Nov 201629110,84142.492.64$41,032
Oct 201634416,41746.193.09$66,622
Sep 2016591,09541.553.10$5,847
Aug 20162277,48841.442.92$31,304
Jul 201634512,12741.622.92$49,822
Jun 201631012,16645.352.69$46,734
May 201634413,15342.521.99$40,815
Apr 201633812,08736.561.99$36,423
Mar 201637412,89833.011.79$35,485
Feb 201643213,54526.472.06$39,387
Jan 201644914,13927.352.36$45,710
Dec 201544414,93332.362.00$44,255
Nov 201541715,74338.792.17$50,296
Oct 201537114,14843.552.43$50,488
Sep 20152188,53242.992.76$32,907
Aug 201541916,41840.162.87$63,988
Jul 201547216,75348.152.95$72,066
Jun 201532614,13456.152.88$59,051
May 201547916,02155.212.96$73,795
Apr 201552617,39149.822.71$73,275
Mar 201564819,25842.892.93$84,309
Feb 201559820,14244.662.98$86,653
Jan 201590221,67543.433.10$106,380
Dec 201492923,44454.693.59$135,003
Nov 201487126,68770.464.25$174,840
Oct 20141,18531,94978.303.90$217,417
Sep 20141,26932,80786.164.05$242,056
Aug 201486323,90789.394.04$173,611
Jul 20141,20533,34596.564.18$255,724
Jun 20142,02442,83298.164.74$401,566
May 20141,91439,14294.734.73$366,320
Apr 20142,94356,46295.944.81$553,884
Mar 20143,42370,60195.895.06$685,247
Feb 20144,55980,95397.406.19$945,308
Jan 20141,44211,83690.404.86$187,888

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.

Oct 2025 — as filed, then multipliedworked
Condensate             0 bbl  × $ 59.38 =         $0
Gas                   26 Mcf  × $  3.30 =        $86

────────────────────────────────────────────────────
Month total                                      $86

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/273217 is the state's own key, not one this site invented.