GALVAN RANCH

Operated by CATURUS ENERGY, LLC (P-5 103593) 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 281291District 01Field 12018200Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$21.4 M
Apr 2016 – May 2026
Value, last 12 filed months
$858 k
at the published price for each month
Months reported
122
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
CondensateDisposition1,191 bbl$64,673
GasProduction6,575,971 Mcf$21,295,832
Total$21,360,505

Every month this lease reported (122)

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

122 months

May 202600106.413.05$0
Apr 2026019,37798.932.87$55,607
Mar 2026020,34689.753.15$64,079
Feb 2026018,13263.503.75$68,001
Jan 2026020,50859.138.00$164,021
Dec 2025020,79256.664.41$91,763
Nov 2025020,45158.593.93$80,300
Oct 2025022,23559.383.30$73,483
Sep 2025021,40662.743.08$65,865
Aug 2025022,09363.933.01$66,605
Jul 2025022,03166.743.32$73,037
Jun 2025017,69666.483.13$55,366
May 2025020,60360.553.23$66,595
Apr 2025020,07362.363.54$71,121
Mar 2025020,80067.704.27$88,781
Feb 2025019,17570.884.34$83,236
Jan 2025022,84574.324.28$97,746
Dec 2024023,49068.993.12$73,321
Nov 2024021,81869.052.20$47,966
Oct 2024023,05871.372.28$52,605
Sep 2024022,15469.612.36$52,380
Aug 2024022,95375.632.06$47,367
Jul 2024023,13679.932.15$49,664
Jun 2024022,26778.082.63$58,651
May 2024022,54978.812.20$49,573
Apr 2024021,79884.451.66$36,167
Mar 2024022,95880.301.55$35,473
Feb 2024021,87676.091.78$39,019
Jan 2024125,77773.023.30$85,077
Dec 20232023,76371.262.61$63,464
Nov 2023021,52877.892.81$60,441
Oct 2023022,51085.443.09$69,495
Sep 2023021,83089.042.74$59,706
Aug 2023223,28280.522.67$62,391
Jul 202311525,11274.852.64$74,949
Jun 2023423,91568.962.26$54,287
May 2023025,95970.622.23$57,821
Apr 2023026,18578.122.24$58,596
Mar 2023025,21572.852.39$60,344
Feb 2023021,34375.112.47$52,625
Jan 2023025,58576.533.39$86,675
Dec 2022019,61576.415.73$112,376
Nov 2022021,89785.005.65$123,635
Oct 2022025,97587.185.86$152,311
Sep 2022025,20384.888.16$205,749
Aug 2022026,19794.529.13$239,104
Jul 2022027,634101.587.54$208,418
Jun 2022027,197115.097.98$216,956
May 2022029,400109.378.43$247,931
Apr 2022030,004104.226.84$205,155
Mar 2022031,141108.885.08$158,084
Feb 2022026,99891.054.86$131,179
Jan 2022030,51481.844.54$138,463
Dec 2021030,63771.323.90$119,457
Nov 2021029,76777.435.24$155,885
Oct 2021030,55579.795.71$174,587
Sep 2021030,10369.865.35$161,079
Aug 2021031,60466.024.22$133,388
Jul 2021032,43470.783.98$129,155
Jun 2021131,71169.493.38$107,272
May 2021032,99863.483.02$99,577
Apr 2021032,54960.362.76$89,784
Mar 2021034,56261.302.72$93,903
Feb 2021032,05757.805.55$177,851
Jan 2021036,40850.412.81$102,316
Dec 2020036,90144.642.68$98,727
Nov 2020036,02138.772.71$97,493
Oct 2020037,67736.972.48$93,380
Sep 2020037,33337.091.99$74,332
Aug 2020039,19439.982.39$93,482
Jul 2020040,31038.371.83$73,571
Jun 2020038,47334.901.69$65,031
May 2020040,04616.921.81$72,673
Apr 2020039,21414.751.80$70,757
Mar 2020041,14630.341.86$76,376
Feb 2020039,41849.881.98$78,074
Jan 2020143,11557.252.09$90,372
Dec 2019440,13959.012.30$92,731
Nov 2019042,42955.302.75$116,709
Oct 2019044,15853.472.42$106,798
Sep 2019042,84855.052.66$113,859
Aug 2019045,24153.112.30$104,252
Jul 2019044,72356.272.46$110,021
Jun 20191745,72452.782.49$114,805
May 20197849,16758.482.74$139,295
Apr 201916649,17962.632.75$145,673
Mar 2019052,06056.803.06$159,413
Feb 2019045,79550.852.79$127,870
Jan 2019053,41446.033.23$172,430
Dec 2018054,91346.594.19$229,835
Nov 2018050,91152.934.24$215,722
Oct 2018246,48061.443.40$158,066
Sep 2018661,46459.543.11$191,387
Aug 2018058,29159.403.07$178,753
Jul 2018060,97565.142.93$178,771
Jun 2018060,23260.183.08$185,329
May 2018066,43465.382.90$192,712
Apr 2018096,57663.842.90$280,148
Mar 2018089,03161.222.79$248,115
Feb 2018083,37261.782.77$230,617
Jan 20180107,93162.874.01$432,730
Dec 20170112,86257.272.92$329,729
Nov 20170127,78455.423.12$398,477
Oct 20170145,48349.292.98$434,075
Sep 20170137,68047.523.09$425,057
Aug 20170157,01245.373.00$471,727
Jul 20170190,19643.873.09$587,188
Jun 20170216,73242.493.09$669,112
May 20170277,69545.373.26$906,230
Apr 20177306,74547.933.21$985,478
Mar 201748322,43646.772.98$964,291
Feb 2017118286,30650.452.95$851,300
Jan 2017243305,26149.413.42$1,055,633
Dec 2016268284,24448.763.72$1,071,260
Nov 201690249,41642.492.64$663,367
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

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             0 bbl  × $ 98.93 =         $0
Gas               19,377 Mcf  × $  2.87 =    $55,607

────────────────────────────────────────────────────
Month total                                  $55,607

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/281291 is the state's own key, not one this site invented.