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 276887District 01Field 12018200Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$11.8 M
Sep 2014 – May 2026
Value, last 12 filed months
$292 k
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
CondensateDisposition40,201 bbl$2,072,181
GasProduction3,117,068 Mcf$9,744,768
Total$11,816,949

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 2026242,43798.932.87$9,368
Mar 2026496,33289.753.15$24,340
Feb 2026445,34763.503.75$22,847
Jan 2026706,37159.138.00$55,094
Dec 2025736,55456.664.41$33,061
Nov 2025436,05158.593.93$26,278
Oct 2025436,15059.383.30$22,878
Sep 2025416,22062.743.08$21,711
Aug 2025496,35263.933.01$22,282
Jul 2025577,20766.743.32$27,697
Jun 2025457,46366.483.13$26,341
May 2025317,47760.553.23$26,045
Apr 20250062.363.54$0
Mar 202508867.704.27$376
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 202407068.993.12$219
Nov 20240069.052.20$0
Oct 2024017171.372.28$390
Sep 2024049269.612.36$1,163
Aug 2024014675.632.06$301
Jul 202401779.932.15$36
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 2024315,15984.451.66$11,178
Mar 2024558,19880.301.55$17,083
Feb 2024557,97476.091.78$18,408
Jan 2024548,02173.023.30$30,394
Dec 2023668,33271.262.61$26,456
Nov 2023619,32077.892.81$30,918
Oct 2023456,50485.443.09$23,924
Sep 2023467,78589.042.74$25,388
Aug 2023478,75580.522.67$27,186
Jul 2023538,72174.852.64$27,006
Jun 2023468,38668.962.26$22,112
May 2023628,89470.622.23$24,189
Apr 2023698,94878.122.24$25,414
Mar 20237810,57872.852.39$30,997
Feb 2023647,70275.112.47$23,798
Jan 2023879,62976.533.39$39,278
Dec 2022918,65176.415.73$56,516
Nov 2022587,04685.005.65$44,713
Oct 2022619,35387.185.86$60,162
Sep 2022598,92284.888.16$77,844
Aug 2022618,81094.529.13$86,176
Jul 2022579,678101.587.54$78,782
Jun 2022578,831115.097.98$77,007
May 20226810,197109.378.43$93,429
Apr 20226810,279104.226.84$77,371
Mar 20227410,144108.885.08$59,552
Feb 2022718,27291.054.86$46,657
Jan 2022969,81781.844.54$52,403
Dec 20218010,09671.323.90$45,071
Nov 2021779,95877.435.24$58,111
Oct 20217010,17579.795.71$63,724
Sep 20216610,06869.865.35$58,484
Aug 20217210,85866.024.22$50,581
Jul 20217210,51370.783.98$46,960
Jun 20217911,25069.493.38$43,522
May 20218214,42963.483.02$48,747
Apr 20213112,95860.362.76$37,615
Mar 20212012,59661.302.72$35,449
Feb 2021546,16757.805.55$37,335
Jan 202110711,93350.412.81$38,929
Dec 20209611,79944.642.68$35,853
Nov 20208610,49638.772.71$31,742
Oct 20209312,04236.972.48$33,283
Sep 20208411,60337.091.99$26,218
Aug 20209613,03839.982.39$34,935
Jul 202011013,56138.371.83$28,971
Jun 2020967,98834.901.69$16,853
May 20206911,74116.921.81$22,474
Apr 20206510,45714.751.80$19,827
Mar 202010712,95230.341.86$27,288
Feb 202011312,85649.881.98$31,100
Jan 202013713,24357.252.09$35,584
Dec 201913913,32659.012.30$38,910
Nov 201912513,29155.302.75$43,472
Oct 201912414,16453.472.42$40,886
Sep 20198813,21655.052.66$39,963
Aug 20197514,66453.112.30$37,774
Jul 20194614,46656.272.46$38,176
Jun 201912414,51352.782.49$42,700
May 201912215,14558.482.74$48,637
Apr 201914215,38662.632.75$51,216
Mar 201917716,27056.803.06$59,874
Feb 201915314,55850.852.79$48,429
Jan 201919416,46746.033.23$62,088
Dec 201820717,47246.594.19$82,772
Nov 201817617,42352.934.24$83,141
Oct 201816216,77361.443.40$66,949
Sep 201814216,70059.543.11$60,358
Aug 201812217,80759.403.07$61,853
Jul 201817818,81065.142.93$66,744
Jun 201818118,04460.183.08$66,413
May 201819418,88665.382.90$67,468
Apr 201820819,06263.842.90$68,574
Mar 201824620,11861.222.79$71,126
Feb 201821718,70261.782.77$65,138
Jan 201828521,26462.874.01$103,172
Dec 201726821,55557.272.92$78,322
Nov 201724821,70255.423.12$81,419
Oct 201722822,98549.292.98$79,818
Sep 201722322,88047.523.09$81,234
Aug 201721025,00545.373.00$84,653
Jul 201726225,67743.873.09$90,766
Jun 201720425,27442.493.09$86,696
May 201724626,83345.373.26$98,728
Apr 201727227,15347.933.21$100,242
Mar 201729128,78546.772.98$99,495
Feb 201728126,61850.452.95$92,769
Jan 201731630,24849.413.42$119,025
Dec 201636231,76748.763.72$135,914
Nov 201627032,96942.492.64$98,654
Oct 201631635,57146.193.09$124,520
Sep 201630236,54741.553.10$125,867
Aug 201636339,67441.442.92$131,063
Jul 201637842,62641.622.92$140,385
Jun 201639943,51245.352.69$134,960
May 201648648,47142.521.99$117,172
Apr 201649535,84236.561.99$89,460
Mar 201663542,73933.011.79$97,636
Feb 201676142,44526.472.06$107,734
Jan 201689752,16827.352.36$147,877
Dec 201595551,83232.362.00$134,641
Nov 20151,25247,89938.792.17$152,378
Oct 201582659,23443.552.43$179,708
Sep 201568750,05942.992.76$167,618
Aug 201594065,68940.162.87$226,441
Jul 20151,20075,51748.152.95$280,184
Jun 201593972,12256.152.88$260,642
May 20151,19887,93955.212.96$326,041
Apr 20151,47191,61549.822.71$321,248
Mar 20151,906104,81942.892.93$389,362
Feb 20151,766102,16944.662.98$382,944
Jan 20152,648132,45443.433.10$525,693
Dec 20143,170141,43754.693.59$681,318
Nov 20142,495144,49770.464.25$790,176
Oct 20141,937112,66978.303.90$591,184
Sep 2014091686.164.05$3,706

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            24 bbl  × $ 98.93 =     $2,374
Gas                2,437 Mcf  × $  2.87 =     $6,994

────────────────────────────────────────────────────
Month total                                   $9,368

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/276887 is the state's own key, not one this site invented.