GALVAN RANCH LP GU6 STATE

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 276803District 01Field 12018200Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$14.5 M
Nov 2014 – May 2026
Value, last 12 filed months
$557 k
at the published price for each month
Months reported
139
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
CondensateDisposition46,658 bbl$2,317,245
GasProduction3,991,887 Mcf$12,230,942
Total$14,548,187

Every month this lease reported (139)

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

139 months

May 202600106.413.05$0
Apr 2026479,03098.932.87$30,563
Mar 2026639,98089.753.15$37,086
Feb 2026669,30463.503.75$39,084
Jan 202616512,00159.138.00$105,739
Dec 202510115,41856.664.41$73,768
Nov 20258113,42358.593.93$57,450
Oct 20257112,74059.383.30$46,320
Sep 20255310,88962.743.08$36,830
Aug 20255511,72163.933.01$38,852
Jul 20255911,58666.743.32$42,348
Jun 20256614,34766.483.13$49,275
May 2025396,90060.553.23$24,664
Apr 20257912,03162.363.54$47,554
Mar 20258114,62567.704.27$67,908
Feb 2025467,31570.884.34$35,014
Jan 2025304,41074.324.28$21,099
Dec 20244814,69468.993.12$49,177
Nov 2024166,06969.052.20$14,447
Oct 20248215,10671.372.28$40,315
Sep 20245512,37569.612.36$33,088
Aug 2024133,46975.632.06$8,142
Jul 20246115,11479.932.15$37,319
Jun 20244213,33978.082.63$38,414
May 202402,33178.812.20$5,125
Apr 2024287,80584.451.66$15,315
Mar 20242615,48180.301.55$26,008
Feb 20241815,60676.091.78$29,205
Jan 202410715,98173.023.30$60,513
Dec 202311215,11971.262.61$47,453
Nov 202311116,91177.892.81$56,124
Oct 202310320,00585.443.09$70,561
Sep 2023173,89089.042.74$12,153
Aug 202313114,73280.522.67$49,925
Jul 20238919,72574.852.64$58,771
Jun 2023347,29568.962.26$18,820
May 202311216,15070.622.23$43,882
Apr 202311016,74378.122.24$46,060
Mar 202311419,01072.852.39$53,799
Feb 2023252,99975.112.47$9,272
Jan 202311617,68276.533.39$68,779
Dec 202212516,30276.415.73$102,947
Nov 2022589,43585.005.65$58,202
Oct 202211020,61787.185.86$130,483
Sep 20222084.888.16$170
Aug 2022194,65694.529.13$44,292
Jul 20225614,112101.587.54$112,122
Jun 20226516,373115.097.98$138,092
May 20225813,231109.378.43$117,921
Apr 20224710,894104.226.84$79,387
Mar 20228114,620108.885.08$83,036
Feb 20228113,35391.054.86$72,255
Jan 202211414,48481.844.54$75,054
Dec 20217714,60271.323.90$62,427
Nov 20213213,75477.435.24$74,505
Oct 20213814,05679.795.71$83,346
Sep 20215013,49669.865.35$75,709
Aug 20215814,21366.024.22$63,816
Jul 20216815,39670.783.98$66,121
Jun 20216213,78169.493.38$50,897
May 20218616,84263.483.02$56,283
Apr 20216414,17960.362.76$42,975
Mar 2021316,50661.302.72$19,577
Feb 20217814,28257.805.55$83,744
Jan 202111816,68050.412.81$52,824
Dec 202011016,49844.642.68$49,050
Nov 20209516,07638.772.71$47,194
Oct 20209516,82336.972.48$45,207
Sep 20208116,49737.091.99$35,850
Aug 20207917,45039.982.39$44,778
Jul 20207617,68438.371.83$35,192
Jun 202010116,86934.901.69$32,039
May 20207018,08916.921.81$34,011
Apr 202010417,95114.751.80$33,924
Mar 202014219,03930.341.86$39,649
Feb 202018517,14649.881.98$43,188
Jan 20209018,61957.252.09$44,154
Dec 201912919,24659.012.30$51,962
Nov 201912219,13155.302.75$59,370
Oct 201911720,10553.472.42$54,881
Sep 20199720,15555.052.66$58,897
Aug 201910724,18153.112.30$61,405
Jul 20198320,78956.272.46$55,813
Jun 201910320,27852.782.49$55,953
May 201910621,38258.482.74$64,792
Apr 201912520,52562.632.75$64,287
Mar 201914821,37256.803.06$73,850
Feb 201913220,22650.852.79$63,188
Jan 201917022,90246.033.23$81,757
Dec 201818621,94846.594.19$100,528
Nov 201814321,83852.934.24$100,102
Oct 201813323,08761.443.40$86,623
Sep 201811823,15759.543.11$78,998
Aug 201812823,75659.403.07$80,452
Jul 201811624,65365.142.93$79,836
Jun 201812224,46060.183.08$82,603
May 201813825,66665.382.90$83,474
Apr 201815725,96463.842.90$85,339
Mar 201818727,48661.222.79$88,047
Feb 201816325,35961.782.77$80,216
Jan 201821428,63662.874.01$128,265
Dec 201719729,94857.272.92$98,776
Nov 201719231,22555.423.12$108,011
Oct 201719631,47149.292.98$103,560
Sep 201720028,98447.523.09$98,986
Aug 201717930,87645.373.00$100,885
Jul 201720731,99943.873.09$107,871
Jun 201716232,05842.493.09$105,855
May 201720033,77045.373.26$119,279
Apr 201723733,57747.933.21$119,195
Mar 201726336,45246.772.98$121,062
Feb 201725834,51650.452.95$114,928
Jan 201728837,64149.413.42$142,917
Dec 201632025,04448.763.72$108,838
Nov 201625340,40742.492.64$117,600
Oct 201634042,90746.193.09$148,298
Sep 201636243,39541.553.10$149,593
Aug 201642144,37041.442.92$147,199
Jul 201642147,42541.622.92$156,209
Jun 201646548,64745.352.69$151,745
May 201657151,86742.521.99$127,548
Apr 201659147,87736.561.99$116,932
Mar 201665355,95733.011.79$121,943
Feb 201675352,76626.472.06$128,821
Jan 201675359,60327.352.36$161,518
Dec 201567762,87932.362.00$147,754
Nov 201595363,45138.792.17$174,486
Oct 20151,01470,82643.552.43$216,025
Sep 20151,03874,36942.992.76$249,765
Aug 20151,44877,25540.162.87$280,066
Jul 20151,69273,08648.152.95$296,714
Jun 20151,58169,49556.152.88$289,118
May 20151,54888,14155.212.96$345,961
Apr 20151,985124,71949.822.71$436,453
Mar 20152,828149,40442.892.93$559,750
Feb 20153,047145,91344.662.98$570,344
Jan 20154,650186,27143.433.10$779,507
Dec 20145,749221,25354.693.59$1,109,012
Nov 20141,24477,78570.464.25$418,382

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            47 bbl  × $ 98.93 =     $4,650
Gas                9,030 Mcf  × $  2.87 =    $25,914

────────────────────────────────────────────────────
Month total                                  $30,563

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/276803 is the state's own key, not one this site invented.