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 279675District 01Field 12018200Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$12.3 M
Jun 2015 – May 2026
Value, last 12 filed months
$3
at the published price for each month
Months reported
132
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
CondensateDisposition25,448 bbl$1,132,193
GasProduction3,960,801 Mcf$11,131,453
Total$12,263,646

Every month this lease reported (132)

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

132 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260189.753.15$3
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 202501360.553.23$42
Apr 2025038262.363.54$1,353
Mar 20250067.704.27$0
Feb 202505270.884.34$226
Jan 202505774.324.28$244
Dec 2024016868.993.12$524
Nov 202431,45269.052.20$3,399
Oct 202464,38671.372.28$10,434
Sep 202433,23369.612.36$7,853
Aug 202443,58175.632.06$7,692
Jul 202464,68579.932.15$10,536
Jun 2024304,67178.082.63$14,646
May 202484,55278.812.20$10,638
Apr 202494,44684.451.66$8,137
Mar 2024114,52980.301.55$7,881
Feb 2024134,45976.091.78$8,942
Jan 2024144,81273.023.30$16,891
Dec 2023165,00671.262.61$14,209
Nov 2023165,20977.892.81$15,871
Oct 2023175,38085.443.09$18,062
Sep 20231810,22089.042.74$29,555
Aug 20236014,22580.522.67$42,853
Jul 2023045674.852.64$1,205
Jun 202304,40368.962.26$9,944
May 20231812,60570.622.23$29,348
Apr 2023256,57978.122.24$16,675
Mar 202344,60172.852.39$11,302
Feb 202397,84875.112.47$20,027
Jan 20232111,04876.533.39$39,035
Dec 2022218,97576.415.73$53,023
Nov 20221812,35685.005.65$71,294
Oct 202201087.185.86$59
Sep 20220084.888.16$0
Aug 2022030694.529.13$2,793
Jul 2022051101.587.54$385
Jun 2022198115.097.98$897
May 20221310,048109.378.43$86,157
Apr 20222018,030104.226.84$125,366
Mar 20224755108.885.08$4,268
Feb 20223412,89991.054.86$65,770
Jan 202211418,50881.844.54$93,313
Dec 20217520,50371.323.90$85,293
Nov 20212011,04177.435.24$59,369
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 2021036866.024.22$1,553
Jul 202101,12170.783.98$4,464
Jun 20210069.493.38$0
May 202131463.483.02$233
Apr 20212011,38360.362.76$32,606
Mar 20212716,40161.302.72$46,216
Feb 20211911,07457.805.55$62,536
Jan 20213317,00750.412.81$49,458
Dec 20202917,20644.642.68$47,329
Nov 20202617,10438.772.71$47,301
Oct 20202918,06636.972.48$45,847
Sep 20202618,02937.091.99$36,861
Aug 20202718,99139.982.39$46,375
Jul 20202719,89238.371.83$37,341
Jun 20203520,09534.901.69$35,188
May 20203123,54816.921.81$43,258
Apr 20205821,81414.751.80$40,216
Mar 20204012,19130.341.86$23,843
Feb 20207320,17549.881.98$43,601
Jan 20209922,63657.252.09$53,084
Dec 20196516,47659.012.30$41,802
Nov 20197522,74255.302.75$66,704
Oct 20198225,17053.472.42$65,259
Sep 20197223,08255.052.66$65,299
Aug 2019167,02953.112.30$17,047
Jul 20194613,20356.272.46$35,069
Jun 20196815,35952.782.49$41,851
May 20198223,26758.482.74$68,554
Apr 201911122,62762.632.75$69,192
Mar 201913522,76756.803.06$77,383
Feb 201911721,69650.852.79$66,529
Jan 201915024,85446.033.23$87,138
Dec 201814525,75146.594.19$114,535
Nov 201811826,49452.934.24$118,507
Oct 201811729,33561.443.40$106,871
Sep 201810633,93859.543.11$111,791
Aug 201811730,56559.403.07$100,679
Jul 201811031,47265.142.93$99,438
Jun 201811330,96060.183.08$102,062
May 201812233,42665.382.90$104,939
Apr 201812834,17163.842.90$107,295
Mar 201814836,86561.222.79$111,797
Feb 201812734,17461.782.77$102,375
Jan 201818039,31562.874.01$168,943
Dec 201720440,71157.272.92$130,621
Nov 201715241,84355.423.12$138,905
Oct 201714445,68849.292.98$143,416
Sep 201713743,65647.523.09$141,289
Aug 201712447,89945.373.00$149,534
Jul 201716250,69243.873.09$163,607
Jun 201713152,84642.493.09$168,717
May 201715658,39745.373.26$197,650
Apr 201717960,69247.933.21$203,498
Mar 201720567,95346.772.98$212,338
Feb 201719451,45350.452.95$161,707
Jan 201729694,08149.413.42$336,269
Dec 201638574,08348.763.72$294,571
Nov 201630877,39342.492.64$217,741
Oct 201637563,80046.193.09$214,480
Sep 201627851,14141.553.10$170,120
Aug 201644967,98741.442.92$217,424
Jul 201650282,89741.622.92$263,312
Jun 201655785,73045.352.69$255,516
May 201669592,61942.521.99$213,960
Apr 201675999,62836.561.99$226,112
Mar 201692197,44033.011.79$205,211
Feb 20161,05195,49026.472.06$224,876
Jan 20161,097110,97727.352.36$292,393
Dec 20151,055121,89532.362.00$278,102
Nov 20151,631128,55438.792.17$341,885
Oct 20151,755149,45043.552.43$439,083
Sep 20151,519167,48142.992.76$527,285
Aug 20152,061196,13840.162.87$646,174
Jul 20152,616223,06448.152.95$782,902
Jun 20151,567160,63156.152.88$551,064

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.

Mar 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $ 89.75 =         $0
Gas                    1 Mcf  × $  3.15 =         $3

────────────────────────────────────────────────────
Month total                                       $3

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/279675 is the state's own key, not one this site invented.