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 276702District 01Field 12018200Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$14.9 M
Sep 2014 – May 2026
Value, last 12 filed months
$224
at the published price for each month
Months reported
141
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
CondensateDisposition48,727 bbl$2,611,070
GasProduction3,934,530 Mcf$12,318,150
Total$14,929,220

Every month this lease reported (141)

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

141 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 202602859.138.00$224
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 202502462.363.54$85
Mar 202503267.704.27$137
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 202406575.632.06$134
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20249084.451.66$760
Mar 202414315,37180.301.55$35,233
Feb 202410616,46876.091.78$37,439
Jan 202416616,44773.023.30$66,358
Dec 202322216,01371.262.61$57,625
Nov 202312216,70977.892.81$56,414
Oct 20239717,23685.443.09$61,500
Sep 20238316,88989.042.74$53,582
Aug 20237617,49580.522.67$52,882
Jul 20237616,65874.852.64$49,696
Jun 20236614,82068.962.26$38,022
May 20239717,18170.622.23$45,119
Apr 202311218,37278.122.24$49,862
Mar 202312219,18672.852.39$54,803
Feb 202313416,64375.112.47$51,101
Jan 202316619,02976.533.39$77,169
Dec 202217317,91276.415.73$115,838
Nov 202214015,95185.005.65$101,963
Oct 202210517,01887.185.86$108,943
Sep 202215916,10284.888.16$144,948
Aug 202218216,71794.529.13$169,781
Jul 202211716,801101.587.54$138,599
Jun 20229416,525115.097.98$142,642
May 202210517,567109.378.43$159,627
Apr 20229218,032104.226.84$132,884
Mar 202212020,460108.885.08$116,929
Feb 202211322,77791.054.86$120,958
Jan 2022874881.844.54$4,049
Dec 20210071.323.90$0
Nov 202102277.435.24$115
Oct 20210079.795.71$0
Sep 20212069.865.35$140
Aug 2021255,67666.024.22$25,607
Jul 20216215,44870.783.98$65,904
Jun 20216715,44869.493.38$56,880
May 20217915,85363.483.02$52,854
Apr 20219016,83360.362.76$51,865
Mar 202110317,78661.302.72$54,637
Feb 20217715,92957.805.55$92,824
Jan 20219317,38550.412.81$53,545
Dec 20209217,58444.642.68$51,152
Nov 20208017,03338.772.71$49,203
Oct 20208317,72936.972.48$47,009
Sep 20207217,45337.091.99$37,420
Aug 20207318,16339.982.39$46,239
Jul 20207218,31838.371.83$36,195
Jun 20208618,02134.901.69$33,462
May 20206419,13216.921.81$35,803
Apr 20209719,38114.751.80$36,401
Mar 202011419,70730.341.86$40,039
Feb 202012018,82649.881.98$43,274
Jan 202018918,85257.252.09$50,310
Dec 201919119,15359.012.30$55,406
Nov 201917818,83055.302.75$61,639
Oct 201918519,96253.472.42$58,171
Sep 201914919,85455.052.66$60,960
Aug 201916720,86553.112.30$56,950
Jul 201914820,47056.272.46$58,685
Jun 201918420,13452.782.49$59,869
May 201918020,84558.482.74$67,648
Apr 201921120,64562.632.75$70,003
Mar 201926621,94956.803.06$82,319
Feb 201922220,26750.852.79$67,879
Jan 201924922,68146.033.23$84,680
Dec 201825824,30146.594.19$113,731
Nov 201820023,32052.934.24$109,398
Oct 201819621,69961.443.40$85,777
Sep 201820524,44359.543.11$88,175
Aug 201823225,63859.403.07$92,401
Jul 201822025,91565.142.93$90,310
Jun 201822825,31060.183.08$91,598
May 201824827,00665.382.90$94,553
Apr 201826627,09063.842.90$95,564
Mar 201831328,06961.222.79$97,386
Feb 201827226,26561.782.77$89,456
Jan 201836529,40362.874.01$140,834
Dec 201738330,33057.272.92$110,544
Nov 201732530,44555.423.12$112,950
Oct 201730532,42049.292.98$111,764
Sep 201729733,13647.523.09$116,414
Aug 201727137,05945.373.00$123,635
Jul 201722525,73443.873.09$89,319
Jun 201714714,95142.493.09$52,404
May 201732436,88145.373.26$135,057
Apr 201736536,86947.933.21$135,903
Mar 201738738,77746.772.98$133,798
Feb 201729935,40650.452.95$119,624
Jan 201725339,64649.413.42$148,042
Dec 201646641,75948.763.72$178,184
Nov 201633743,11542.492.64$128,330
Oct 201630846,48446.193.09$157,874
Sep 201637547,59241.553.10$163,146
Aug 201647951,44341.442.92$170,287
Jul 201650955,83841.622.92$184,474
Jun 201658655,94245.352.69$176,826
May 201663359,70142.521.99$145,782
Apr 201641824,07036.561.99$63,206
Mar 201666443,24033.011.79$99,492
Feb 201676750,79826.472.06$125,131
Jan 201693757,39927.352.36$161,339
Dec 201579561,52932.362.00$148,871
Nov 201598264,12538.792.17$177,072
Oct 201589472,20043.552.43$214,133
Sep 201581963,85742.992.76$211,353
Aug 20151,06383,71040.162.87$283,146
Jul 20151,51094,60048.152.95$351,311
Jun 20151,31391,73856.152.88$338,193
May 20151,784111,71855.212.96$428,672
Apr 20152,070117,88449.822.71$422,189
Mar 20152,201122,03242.892.93$452,529
Feb 20151,943110,56944.662.98$415,849
Jan 20152,819136,83843.433.10$546,713
Dec 20143,432154,14654.693.59$741,290
Nov 20142,888150,75170.464.25$844,458
Oct 20143,273149,21778.303.90$838,365
Sep 201460334,61286.164.05$191,975

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 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $ 59.13 =         $0
Gas                   28 Mcf  × $  8.00 =       $224

────────────────────────────────────────────────────
Month total                                     $224

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/276702 is the state's own key, not one this site invented.