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 279647District 01Field 12018200Hydrogen sulphide fieldGasSaveExport
Value, all time
$15.9 M
Feb 2015 – May 2026
Value, last 12 filed months
$682 k
at the published price for each month
Months reported
136
no gaps in the span
Streams
1
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
GasProduction5,299,132 Mcf$15,865,026
Total$15,865,026

Every month this lease reported (136)

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

136 months

May 20260106.413.05$0
Apr 202614,42798.932.87$41,401
Mar 202612,98189.753.15$40,883
Feb 202612,94863.503.75$48,559
Jan 202616,44859.138.00$131,550
Dec 202518,15356.664.41$80,116
Nov 202518,12358.593.93$71,159
Oct 202518,43959.383.30$60,938
Sep 202517,02762.743.08$52,391
Aug 202516,24763.933.01$48,981
Jul 202516,41066.743.32$54,402
Jun 202516,34266.483.13$51,130
May 202513,15560.553.23$42,521
Apr 202514,58962.363.54$51,691
Mar 20258,99667.704.27$38,398
Feb 20254,89870.884.34$21,261
Jan 20255,44474.324.28$23,293
Dec 20245,82268.993.12$18,173
Nov 20245,65169.052.20$12,423
Oct 20247,29371.372.28$16,638
Sep 20247,07469.612.36$16,725
Aug 20248,20775.632.06$16,936
Jul 20244,54379.932.15$9,752
Jun 20246,17678.082.63$16,267
May 20247,25078.812.20$15,939
Apr 202410,97684.451.66$18,211
Mar 20247,45980.301.55$11,525
Feb 20248,93776.091.78$15,940
Jan 2024073.023.30$0
Dec 2023071.262.61$0
Nov 2023077.892.81$0
Oct 2023085.443.09$0
Sep 2023089.042.74$0
Aug 202326380.522.67$703
Jul 202360774.852.64$1,604
Jun 20231,34068.962.26$3,026
May 20235,89870.622.23$13,137
Apr 202313,06178.122.24$29,227
Mar 202316,46472.852.39$39,401
Feb 202317,37775.112.47$42,846
Jan 202320,99776.533.39$71,132
Dec 202220,77476.415.73$119,016
Nov 202218,19785.005.65$102,744
Oct 202216,01887.185.86$93,926
Sep 202216,65884.888.16$135,991
Aug 202217,45994.529.13$159,351
Jul 202216,988101.587.54$128,125
Jun 202218,855115.097.98$150,410
May 202218,377109.378.43$154,974
Apr 202217,413104.226.84$119,063
Mar 202221,937108.885.08$111,361
Feb 202219,05291.054.86$92,571
Jan 202221,75581.844.54$98,717
Dec 202122,96971.323.90$89,559
Nov 202121,28177.435.24$111,445
Oct 202116,60679.795.71$94,885
Sep 202119,35069.865.35$103,540
Aug 202121,53866.024.22$90,903
Jul 202121,96170.783.98$87,450
Jun 202121,39869.493.38$72,339
May 202122,85563.483.02$68,969
Apr 202123,39260.362.76$64,525
Mar 202125,60861.302.72$69,575
Feb 202114,13257.805.55$78,404
Jan 202122,68650.412.81$63,754
Dec 202022,83544.642.68$61,094
Nov 202022,50138.772.71$60,901
Oct 202022,46236.972.48$55,670
Sep 202023,33037.091.99$46,451
Aug 202025,46439.982.39$60,734
Jul 202024,04838.371.83$43,890
Jun 202024,39734.901.69$41,238
May 202024,87316.921.81$45,138
Apr 202025,49614.751.80$46,004
Mar 202026,00030.341.86$48,262
Feb 202024,21849.881.98$47,968
Jan 202025,03457.252.09$52,440
Dec 201926,58459.012.30$61,259
Nov 201926,82255.302.75$73,779
Oct 201928,03853.472.42$67,811
Sep 201928,44955.052.66$75,597
Aug 201929,56753.112.30$68,133
Jul 201936,69656.272.46$90,274
Jun 201928,63052.782.49$71,323
May 201928,47558.482.74$78,031
Apr 201927,95962.632.75$76,907
Mar 201929,42756.803.06$90,108
Feb 201927,13050.852.79$75,753
Jan 201933,16346.033.23$107,056
Dec 201833,64746.594.19$140,828
Nov 201834,05652.934.24$144,303
Oct 201833,68761.443.40$114,471
Sep 201835,11859.543.11$109,147
Aug 201837,59059.403.07$115,272
Jul 201838,97165.142.93$114,258
Jun 201837,37860.183.08$115,009
May 201839,27465.382.90$113,926
Apr 201841,28163.842.90$119,748
Mar 201843,93561.222.79$122,440
Feb 201841,04661.782.77$113,538
Jan 201841,69562.874.01$167,169
Dec 201741,97357.272.92$122,625
Nov 201743,50755.423.12$135,670
Oct 201747,64149.292.98$142,146
Sep 201744,20447.523.09$136,470
Aug 201757,85245.373.00$173,811
Jul 201757,07043.873.09$176,191
Jun 201729,81442.493.09$92,044
May 201739,03345.373.26$127,380
Apr 201740,35047.933.21$129,588
Mar 201742,72546.772.98$127,478
Feb 201740,67950.452.95$120,109
Jan 201742,20249.413.42$144,280
Dec 201655,93648.763.72$208,240
Nov 201654,07642.492.64$142,996
Oct 201659,01346.193.09$182,366
Sep 201657,60341.553.10$178,606
Aug 201661,94041.442.92$181,134
Jul 201664,38541.622.92$188,284
Jun 201667,50045.352.69$181,294
May 201673,24342.521.99$145,830
Apr 201680,54336.561.99$160,364
Mar 201694,18833.011.79$168,974
Feb 201693,28526.472.06$192,506
Jan 2016105,78227.352.36$250,107
Dec 2015118,20632.362.00$236,579
Nov 2015119,71338.792.17$259,458
Oct 2015143,62343.552.43$348,513
Sep 2015157,84642.992.76$435,406
Aug 2015143,72240.162.87$412,840
Jul 2015185,76748.152.95$547,099
Jun 2015200,38956.152.88$577,693
May 2015189,95055.212.96$561,388
Apr 2015312,84249.822.71$846,729
Mar 2015336,16242.892.93$986,538
Feb 201539,81144.662.98$118,485

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
Gas               14,427 Mcf  × $  2.87 =    $41,401

────────────────────────────────────────────────────
Month total                                  $41,401

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/279647 is the state's own key, not one this site invented.