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 281472District 01Field 12018200Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$20.9 M
May 2016 – May 2026
Value, last 12 filed months
$497 k
at the published price for each month
Months reported
121
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
CondensateDisposition1,017 bbl$49,414
GasProduction6,434,020 Mcf$20,826,925
Total$20,876,339

Every month this lease reported (121)

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

121 months

May 202600106.413.05$0
Apr 2026011,05398.932.87$31,719
Mar 2026011,94389.753.15$37,614
Feb 2026010,69163.503.75$40,095
Jan 2026012,08459.138.00$96,647
Dec 2025013,03056.664.41$57,506
Nov 2025013,44758.593.93$52,799
Oct 202521,44059.383.30$4,878
Sep 202501,91462.743.08$5,889
Aug 2025016,60063.933.01$50,045
Jul 2025018,57266.743.32$61,570
Jun 2025018,66366.483.13$58,391
May 2025020,09060.553.23$64,937
Apr 2025019,53562.363.54$69,215
Mar 2025019,81767.704.27$84,585
Feb 2025018,13370.884.34$78,712
Jan 2025020,62574.324.28$88,248
Dec 2024021,53568.993.12$67,219
Nov 2024021,27769.052.20$46,776
Oct 2024023,01371.372.28$52,502
Sep 2024017,45569.612.36$41,270
Aug 2024021,92375.632.06$45,241
Jul 2024021,12279.932.15$45,340
Jun 2024021,75578.082.63$57,302
May 2024022,47878.812.20$49,417
Apr 2024022,09884.451.66$36,665
Mar 2024022,78580.301.55$35,206
Feb 2024021,97076.091.78$39,187
Jan 2024022,57173.023.30$74,431
Dec 2023024,48071.262.61$63,910
Nov 2023023,01677.892.81$64,619
Oct 2023024,46585.443.09$75,530
Sep 2023023,70189.042.74$64,823
Aug 2023025,22380.522.67$67,418
Jul 2023027,11274.852.64$71,624
Jun 2023026,45468.962.26$59,746
May 2023028,53370.622.23$63,554
Apr 2023027,85578.122.24$62,333
Mar 2023029,06372.852.39$69,552
Feb 2023026,34775.112.47$64,963
Jan 2023032,81876.533.39$111,178
Dec 202208,94976.415.73$51,270
Nov 2022023,74885.005.65$134,086
Oct 2022026,42887.185.86$154,967
Sep 2022026,76384.888.16$218,485
Aug 2022028,37594.529.13$258,983
Jul 2022029,157101.587.54$219,904
Jun 2022029,596115.097.98$236,093
May 2022031,826109.378.43$268,390
Apr 2022032,708104.226.84$223,644
Mar 2022027,669108.885.08$140,459
Feb 2022017,63391.054.86$85,676
Jan 2022024,82981.844.54$112,666
Dec 2021025,38371.323.90$98,971
Nov 2021024,82477.435.24$130,000
Oct 2021025,59579.795.71$146,247
Sep 2021025,29069.865.35$135,325
Aug 2021026,90966.024.22$113,572
Jul 2021125,06970.783.98$99,898
Jun 2021426,11469.493.38$88,559
May 2021030,56063.483.02$92,220
Apr 2021030,57360.362.76$84,333
Mar 2021030,26261.302.72$82,220
Feb 2021029,13157.805.55$161,617
Jan 2021032,48450.412.81$91,289
Dec 2020033,01944.642.68$88,341
Nov 2020032,59238.772.71$88,213
Oct 2020034,56036.972.48$85,655
Sep 2020033,06237.091.99$65,828
Aug 2020036,06839.982.39$86,026
Jul 2020037,09838.371.83$67,708
Jun 2020035,63634.901.69$60,236
May 2020036,52516.921.81$66,284
Apr 2020035,84514.751.80$64,678
Mar 2020037,73830.341.86$70,050
Feb 2020036,35849.881.98$72,013
Jan 2020040,07657.252.09$83,949
Dec 2019041,57559.012.30$95,804
Nov 2019041,52855.302.75$114,231
Oct 2019042,72153.472.42$103,322
Sep 2019041,32355.052.66$109,807
Aug 2019043,84653.112.30$101,037
Jul 2019042,88156.272.46$105,490
Jun 2019042,37052.782.49$105,552
May 2019044,47558.482.74$121,876
Apr 2019044,48762.632.75$122,370
Mar 2019046,13156.803.06$141,258
Feb 2019039,92550.852.79$111,479
Jan 2019045,50946.033.23$146,911
Dec 2018046,18046.594.19$193,284
Nov 2018047,29952.934.24$200,417
Oct 2018050,08061.443.40$170,176
Sep 2018064,66059.543.11$200,963
Aug 2018072,70259.403.07$222,945
Jul 2018078,62465.142.93$230,516
Jun 2018091,79460.183.08$282,443
May 2018070,94365.382.90$205,791
Apr 2018053,38363.842.90$154,853
Mar 20180100,79061.222.79$280,886
Feb 2018093,91161.782.77$259,769
Jan 20180100,38662.874.01$402,480
Dec 20170116,43057.272.92$340,153
Nov 20170126,10355.423.12$393,235
Oct 20170145,03349.292.98$432,732
Sep 20170141,97647.523.09$438,320
Aug 20170150,83345.373.00$453,163
Jul 20170180,55943.873.09$557,436
Jun 20170205,08742.493.09$633,161
May 20172263,24045.373.26$859,148
Apr 201711302,19947.933.21$971,070
Mar 201733321,69846.772.98$961,387
Feb 2017131297,40150.452.95$884,715
Jan 2017306359,03649.413.42$1,242,592
Dec 2016425347,24748.763.72$1,313,465
Nov 2016102214,51742.492.64$571,592
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

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               11,053 Mcf  × $  2.87 =    $31,719

────────────────────────────────────────────────────
Month total                                  $31,719

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/281472 is the state's own key, not one this site invented.