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 281046District 01Field 12018200Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$10.9 M
Jul 2015 – May 2026
Value, last 12 filed months
$460 k
at the published price for each month
Months reported
131
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
CondensateDisposition12,650 bbl$692,833
GasProduction3,082,268 Mcf$10,214,807
Total$10,907,641

Every month this lease reported (131)

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

131 months

May 202600106.413.05$0
Apr 2026289,89598.932.87$31,166
Mar 2026289,89989.753.15$33,689
Feb 2026299,42363.503.75$37,181
Jan 20263410,56259.138.00$86,484
Dec 20253310,21456.664.41$46,948
Nov 2025149,94958.593.93$39,884
Oct 20251810,88159.383.30$37,029
Sep 20252110,72462.743.08$34,314
Aug 20252111,40263.933.01$35,717
Jul 20252211,77266.743.32$40,495
Jun 20252311,50766.483.13$37,531
May 20252713,65660.553.23$45,775
Apr 2025159,61862.363.54$35,013
Mar 2025109,69567.704.27$42,058
Feb 20254913,40570.884.34$61,662
Jan 2025337,85174.324.28$36,044
Dec 20244413,36168.993.12$44,740
Nov 20243615,05669.052.20$35,586
Oct 2024249,98271.372.28$24,486
Sep 20242914,29369.612.36$35,812
Aug 20242715,24175.632.06$33,494
Jul 20243013,03179.932.15$30,370
Jun 20243113,31478.082.63$37,489
May 20243313,75578.812.20$32,840
Apr 20244113,67184.451.66$26,145
Mar 20244114,28680.301.55$25,366
Feb 20244313,86176.091.78$27,995
Jan 20247119,12873.023.30$68,262
Dec 20236920,99571.262.61$59,729
Nov 20236622,97177.892.81$69,633
Oct 20236227,58285.443.09$90,451
Sep 20238229,60289.042.74$88,264
Aug 20230080.522.67$0
Jul 202311,13074.852.64$3,060
Jun 20231315,66868.962.26$36,282
May 20231916,79570.622.23$38,751
Apr 20232418,37178.122.24$42,985
Mar 20234521,42272.852.39$54,545
Feb 20235817,65775.112.47$47,893
Jan 20236419,63076.533.39$71,399
Dec 2022277,66276.415.73$45,959
Nov 20226022,58085.005.65$132,591
Oct 20225214,33187.185.86$88,567
Sep 20224310,43384.888.16$88,822
Aug 20229522,38294.529.13$213,264
Jul 20229223,655101.587.54$187,753
Jun 202210925,995115.097.98$219,912
May 202211326,505109.378.43$235,877
Apr 202210526,572104.226.84$192,632
Mar 202211427,978108.885.08$154,440
Feb 20229428,94591.054.86$149,198
Jan 202210127,43981.844.54$132,775
Dec 2021497,32471.323.90$32,052
Nov 20212077.435.24$155
Oct 2021166,98079.795.71$41,159
Sep 20214524,15169.865.35$132,374
Aug 20211119,64066.024.22$83,619
Jul 2021123,02970.783.98$91,774
Jun 20211418,23269.493.38$62,608
May 202153,21363.483.02$10,013
Apr 20213060.362.76$181
Mar 2021199,11961.302.72$25,940
Feb 2021285,51457.805.55$32,210
Jan 20218219,15650.412.81$57,967
Dec 20209522,04644.642.68$63,224
Nov 20205212,64538.772.71$36,241
Oct 20206316,50336.972.48$43,231
Sep 20206418,07737.091.99$38,366
Aug 20207622,22539.982.39$56,047
Jul 20208325,30438.371.83$49,368
Jun 202010425,11034.901.69$46,073
May 20207922,30416.921.81$41,813
Apr 202011420,54114.751.80$38,745
Mar 20208621,03930.341.86$41,662
Feb 20208720,85349.881.98$45,642
Jan 20209224,31657.252.09$56,203
Dec 20199424,42059.012.30$61,819
Nov 20199225,21255.302.75$74,438
Oct 20199025,61053.472.42$66,751
Sep 20197024,51355.052.66$68,991
Aug 20197825,77253.112.30$63,531
Jul 20199826,34956.272.46$70,335
Jun 201919225,77252.782.49$74,337
May 201911723,21358.482.74$70,453
Apr 201912623,29262.632.75$71,961
Mar 201912226,66556.803.06$88,581
Feb 20198526,98550.852.79$79,670
Jan 20194530,87046.033.23$101,725
Dec 20186732,36446.594.19$138,579
Nov 201813429,43952.934.24$131,833
Oct 20189122,95761.443.40$83,601
Sep 20188718,70259.543.11$63,306
Aug 20188024,52959.403.07$79,972
Jul 20188829,56465.142.93$92,410
Jun 201812530,08060.183.08$100,076
May 201814934,15165.382.90$108,807
Apr 20188138,47463.842.90$116,776
Mar 20183143,53761.222.79$123,228
Feb 2018943,42061.782.77$120,661
Jan 2018252,54862.874.01$210,807
Dec 2017161,85557.272.92$180,768
Nov 2017460,26655.423.12$188,153
Oct 20175952,14249.292.98$158,483
Sep 201724373,48347.523.09$238,410
Aug 2017281101,35045.373.00$317,245
Jul 2017513140,95643.873.09$457,676
Jun 2017837218,01542.493.09$708,637
May 20171,987227,27845.373.26$831,849
Apr 20172,551201,27447.933.21$768,681
Mar 201738834,15846.772.98$120,063
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0

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            28 bbl  × $ 98.93 =     $2,770
Gas                9,895 Mcf  × $  2.87 =    $28,396

────────────────────────────────────────────────────
Month total                                  $31,166

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/281046 is the state's own key, not one this site invented.