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 279650District 01Field 12018200Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$15.4 M
May 2015 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
133
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
CondensateDisposition22,642 bbl$1,026,478
GasProduction4,841,624 Mcf$14,393,041
Total$15,419,519

Every month this lease reported (133)

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

133 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 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 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 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 202303289.042.74$88
Aug 20230080.522.67$0
Jul 202331,43874.852.64$4,023
Jun 20231916,90368.962.26$39,485
May 20233319,13670.622.23$44,954
Apr 20233215,82978.122.24$37,921
Mar 20234020,03272.852.39$50,854
Feb 20233816,91175.112.47$44,551
Jan 20236018,77976.533.39$68,210
Dec 20225916,09476.415.73$96,712
Nov 20223913,32485.005.65$78,545
Oct 20223217,15087.185.86$103,353
Sep 20223517,80384.888.16$148,309
Aug 20223418,78894.529.13$174,695
Jul 20223119,060101.587.54$146,901
Jun 20221918,718115.097.98$151,504
May 20222319,305109.378.43$165,315
Apr 20223918,936104.226.84$133,541
Mar 20224719,795108.885.08$105,605
Feb 20224418,18791.054.86$92,374
Jan 20226020,46181.844.54$97,756
Dec 20214720,39771.323.90$82,882
Nov 20214220,04077.435.24$108,199
Oct 20213920,80579.795.71$121,989
Sep 20213520,33369.865.35$111,245
Aug 20213521,50866.024.22$93,087
Jul 20213821,83470.783.98$89,634
Jun 20213921,56169.493.38$75,600
May 20214121,82163.483.02$68,451
Apr 20213422,23660.362.76$63,388
Mar 20215123,39061.302.72$66,676
Feb 20213921,81257.805.55$123,266
Jan 20215024,29750.412.81$70,802
Dec 20204724,30844.642.68$67,133
Nov 20204423,91038.772.71$66,420
Oct 20204324,76136.972.48$62,958
Sep 20204024,71337.091.99$50,688
Aug 20203925,84039.982.39$63,190
Jul 20203926,71238.371.83$50,249
Jun 20204726,70534.901.69$46,780
May 20203429,69816.921.81$54,470
Apr 20204323,17514.751.80$42,451
Mar 20207626,84530.341.86$52,136
Feb 20207625,85149.881.98$54,993
Jan 20207928,37757.252.09$63,965
Dec 20197829,34259.012.30$72,217
Nov 20197329,09755.302.75$84,074
Oct 20197130,71353.472.42$78,077
Sep 20195629,66855.052.66$81,919
Aug 20195931,78753.112.30$76,382
Jul 20195231,59056.272.46$80,639
Jun 20196332,58152.782.49$84,491
May 20196131,62058.482.74$90,216
Apr 20197533,11262.632.75$95,778
Mar 20199335,15856.803.06$112,940
Feb 20197832,63450.852.79$95,088
Jan 20199737,11946.033.23$124,292
Dec 20187537,80446.594.19$161,721
Nov 2018137,27052.934.24$157,975
Oct 2018040,07161.443.40$136,164
Sep 2018739,73559.543.11$123,913
Aug 20183441,88859.403.07$130,472
Jul 20181543,40665.142.93$128,238
Jun 20183639,53360.183.08$123,806
May 20185539,24865.382.90$117,447
Apr 20182936,13863.842.90$106,680
Mar 20185944,14061.222.79$126,623
Feb 20187343,98361.782.77$126,172
Jan 201810249,90262.874.01$206,486
Dec 20178052,13557.272.92$156,895
Nov 20176253,16455.423.12$169,221
Oct 20174256,52549.292.98$170,723
Sep 20174156,95847.523.09$177,794
Aug 20177560,29245.373.00$184,544
Jul 20178964,44743.873.09$202,870
Jun 20177565,05442.493.09$204,027
May 20179471,11945.373.26$236,355
Apr 201711474,03047.933.21$243,219
Mar 201715884,27246.772.98$258,830
Feb 201723273,47950.452.95$228,659
Jan 201726657,66449.413.42$210,285
Dec 201636058,05848.763.72$233,694
Nov 201630085,10242.492.64$237,786
Oct 201638684,68146.193.09$279,516
Sep 201630180,83241.553.10$263,137
Aug 201637989,40341.442.92$277,151
Jul 201642196,68141.622.92$300,250
Jun 2016432102,01645.352.69$293,589
May 2016579109,19042.521.99$242,021
Apr 2016648111,03836.561.99$244,772
Mar 2016807113,94133.011.79$231,050
Feb 2016969112,78026.472.06$258,386
Jan 20161,013119,37427.352.36$309,949
Dec 2015914118,98732.362.00$267,719
Nov 20151,331118,00538.792.17$307,385
Oct 20151,379134,94243.552.43$387,503
Sep 20151,276137,95942.992.76$435,404
Aug 20151,629153,30240.162.87$505,779
Jul 20151,979171,06148.152.95$599,077
Jun 20151,894191,75256.152.88$659,142
May 20151,191108,23255.212.96$385,629

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 2023 — as filed, then multipliedworked
Condensate             0 bbl  × $ 89.04 =         $0
Gas                   32 Mcf  × $  2.74 =        $88

────────────────────────────────────────────────────
Month total                                      $88

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/279650 is the state's own key, not one this site invented.