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 277232District 01Field 12018200Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$15.8 M
Sep 2014 – May 2026
Value, last 12 filed months
$1 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
CondensateDisposition57,287 bbl$2,891,542
GasProduction4,155,517 Mcf$12,903,000
Total$15,794,543

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 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 2025038562.743.08$1,185
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 2024010569.612.36$248
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 2024054978.812.20$1,207
Apr 2024112,56084.451.66$20,924
Mar 2024113,20780.301.55$20,487
Feb 2024212,70276.091.78$22,808
Jan 2024312,07273.023.30$40,028
Dec 2023013,58471.262.61$35,464
Nov 2023313,26977.892.81$37,487
Oct 20233714,03985.443.09$46,504
Sep 20233713,64189.042.74$40,603
Aug 20236214,46380.522.67$43,650
Jul 202315416,44274.852.64$54,963
Jun 20235110,43268.962.26$27,077
May 202314715,23270.622.23$44,309
Apr 20239912,42278.122.24$35,531
Mar 202310512,81372.852.39$38,313
Feb 20236913,47875.112.47$38,415
Jan 202313716,66976.533.39$66,955
Dec 20229812,32676.415.73$78,105
Nov 202212615,19085.005.65$96,476
Oct 2022203,79487.185.86$23,991
Sep 20228914,84984.888.16$128,777
Aug 20228013,24694.529.13$128,460
Jul 20225512,604101.587.54$100,647
Jun 2022114,630115.097.98$116,822
May 20221414,553109.378.43$124,257
Apr 2022115,218104.226.84$104,159
Mar 20223516,009108.885.08$85,079
Feb 202215214,27491.054.86$83,195
Jan 202216415,79981.844.54$85,113
Dec 202112916,20371.323.90$72,378
Nov 202112615,72077.435.24$92,079
Oct 202113016,64579.795.71$105,480
Sep 202112516,35969.865.35$96,268
Aug 202111517,14066.024.22$79,933
Jul 202111417,16170.783.98$76,405
Jun 202112017,05269.493.38$65,985
May 202112917,88363.483.02$62,154
Apr 202114517,52260.362.76$57,085
Mar 202124418,68561.302.72$65,723
Feb 202118817,12257.805.55$105,858
Jan 202116019,14950.412.81$61,879
Dec 202013616,55144.642.68$50,353
Nov 202012817,95738.772.71$53,564
Oct 202015719,27036.972.48$53,564
Sep 202016019,53537.091.99$44,829
Aug 202019420,75439.982.39$57,256
Jul 20207324,84338.371.83$48,142
Jun 2020887,36534.901.69$15,520
May 202012920,90016.921.81$40,111
Apr 202015917,56514.751.80$34,039
Mar 202017921,75330.341.86$45,809
Feb 202019920,78149.881.98$51,086
Jan 202026321,19357.252.09$59,451
Dec 201924221,12759.012.30$62,965
Nov 201922320,81755.302.75$69,593
Oct 201914322,07453.472.42$61,033
Sep 2019920,59155.052.66$55,212
Aug 2019022,40153.112.30$51,620
Jul 2019322,71356.272.46$56,044
Jun 20192122,40652.782.49$56,926
May 20192323,37758.482.74$65,406
Apr 20192123,04562.632.75$64,705
Mar 201917824,02056.803.06$83,662
Feb 201929322,11450.852.79$76,646
Jan 201935325,15746.033.23$97,460
Dec 201835625,94146.594.19$125,161
Nov 201828625,84052.934.24$124,628
Oct 201827727,72861.443.40$111,241
Sep 201825827,71159.543.11$101,487
Aug 201828328,24059.403.07$103,410
Jul 201828128,56265.142.93$102,045
Jun 201830428,02160.183.08$104,513
May 201832129,62965.382.90$106,935
Apr 201832429,94863.842.90$107,557
Mar 201834631,87561.222.79$110,013
Feb 201833629,61061.782.77$102,663
Jan 201838133,71462.874.01$159,124
Dec 201722534,25657.272.92$112,965
Nov 201737034,53755.423.12$128,204
Oct 201738636,17249.292.98$126,952
Sep 201737636,53647.523.09$130,664
Aug 201736338,91145.373.00$133,374
Jul 201745140,24543.873.09$144,033
Jun 201734139,41942.493.09$136,187
May 201742242,04645.373.26$156,359
Apr 201747342,15347.933.21$158,049
Mar 201751545,15846.772.98$158,824
Feb 201751341,02450.452.95$147,008
Jan 201756146,09849.413.42$185,319
Dec 201661148,35048.763.72$209,791
Nov 201647650,08742.492.64$152,673
Oct 201656553,93746.193.09$192,777
Sep 201654055,68241.553.10$195,086
Aug 201665360,51541.442.92$204,027
Jul 201669262,17741.622.92$210,628
Jun 201677463,68745.352.69$206,153
May 201694466,95942.521.99$173,457
Apr 20161,01767,26836.561.99$171,115
Mar 20161,18366,28533.011.79$157,967
Feb 20161,30262,26326.472.06$162,952
Jan 20161,13467,01027.352.36$189,451
Dec 201561542,16732.362.00$104,295
Nov 20152372,30338.792.17$14,185
Oct 20151,22973,69343.552.43$232,345
Sep 201597663,60842.992.76$217,416
Aug 20151,60791,46640.162.87$327,272
Jul 20151,81684,85748.152.95$337,351
Jun 20151,68795,70456.152.88$370,626
May 20152,219116,87655.212.96$467,932
Apr 20152,706126,42349.822.71$476,986
Mar 20153,105134,43642.892.93$527,704
Feb 20152,619120,53944.662.98$475,712
Jan 20153,676151,13543.433.10$628,262
Dec 20144,105167,47154.693.59$825,951
Nov 20142,864144,58470.464.25$816,545
Oct 20142,344106,01878.303.90$597,107
Sep 201401,13786.164.05$4,600

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.

Sep 2025 — as filed, then multipliedworked
Condensate             0 bbl  × $ 62.74 =         $0
Gas                  385 Mcf  × $  3.08 =     $1,185

────────────────────────────────────────────────────
Month total                                   $1,185

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/277232 is the state's own key, not one this site invented.