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 285260District 01Field 12018200Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$10.3 M
Jul 2018 – May 2026
Value, last 12 filed months
$525 k
at the published price for each month
Months reported
95
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
CondensateDisposition1,374 bbl$79,714
GasProduction3,113,406 Mcf$10,237,169
Total$10,316,883

Every month this lease reported (95)

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

95 months

May 202600106.413.05$0
Apr 2026037,64398.932.87$108,025
Mar 2026037,43489.753.15$117,896
Feb 202604663.503.75$173
Jan 202606,59459.138.00$52,738
Dec 2025011,49956.664.41$50,749
Nov 2025012,70258.593.93$49,874
Oct 2025013,94359.383.30$46,079
Sep 202506,10962.743.08$18,797
Aug 2025012,51863.933.01$37,739
Jul 202502,91866.743.32$9,674
Jun 2025010,49366.483.13$32,830
May 202503,71860.553.23$12,018
Apr 202509,13862.363.54$32,377
Mar 202504,67867.704.27$19,967
Feb 202504,75970.884.34$20,658
Jan 202503,63474.324.28$15,549
Dec 202405,91568.993.12$18,463
Nov 2024011,41969.052.20$25,104
Oct 2024010,37871.372.28$23,676
Sep 2024010,51469.612.36$24,859
Aug 202409,81375.632.06$20,250
Jul 2024010,86079.932.15$23,312
Jun 2024010,12278.082.63$26,661
May 202409,26978.812.20$20,377
Apr 2024015,30684.451.66$25,396
Mar 2024018,55880.301.55$28,675
Feb 2024012,72576.091.78$22,697
Jan 2024012,99773.023.30$42,860
Dec 2023412,59571.262.61$33,167
Nov 2023015,98277.892.81$44,870
Oct 2023018,21185.443.09$56,222
Sep 2023011,97489.042.74$32,749
Aug 202305,68480.522.67$15,193
Jul 202301,96474.852.64$5,189
Jun 2023011,51668.962.26$26,009
May 2023018,11770.622.23$40,354
Apr 2023110,92278.122.24$24,519
Mar 2023016,29872.852.39$39,004
Feb 202308,19275.112.47$20,199
Jan 2023022,36476.533.39$75,763
Dec 2022019,93376.415.73$114,198
Nov 202205,92385.005.65$33,442
Oct 2022013,73587.185.86$80,539
Sep 2022022,03584.888.16$179,887
Aug 2022014,96194.529.13$136,551
Jul 2022219,311101.587.54$145,848
Jun 2022018,663115.097.98$148,878
May 2022018,515109.378.43$156,138
Apr 2022016,414104.226.84$112,232
Mar 2022019,666108.885.08$99,832
Feb 2022018,18091.054.86$88,334
Jan 2022119,87581.844.54$90,268
Dec 2021020,57271.323.90$80,213
Nov 2021120,51277.435.24$107,496
Oct 2021021,56879.795.71$123,237
Sep 2021019,75269.865.35$105,691
Aug 2021121,78066.024.22$91,990
Jul 2021023,20370.783.98$92,396
Jun 2021023,56769.493.38$79,671
May 2021024,78363.483.02$74,787
Apr 2021125,29360.362.76$69,829
Mar 2021028,02261.302.72$76,134
Feb 2021026,23657.805.55$145,556
Jan 2021027,36450.412.81$76,900
Dec 2020027,60344.642.68$73,851
Nov 2020026,13338.772.71$70,731
Oct 2020027,35136.972.48$67,788
Sep 2020027,15437.091.99$54,065
Aug 2020029,10539.982.39$69,418
Jul 2020030,50338.371.83$55,672
Jun 2020028,82534.901.69$48,723
May 2020029,70616.921.81$53,909
Apr 2020028,28314.751.80$51,033
Mar 2020031,17630.341.86$57,870
Feb 2020029,95649.881.98$59,333
Jan 2020133,53757.252.09$70,309
Dec 2019133,14659.012.30$76,439
Nov 2019234,85655.302.75$95,989
Oct 20191138,18753.472.42$92,945
Sep 2019038,32055.052.66$101,827
Aug 2019043,24453.112.30$99,650
Jul 2019247,13956.272.46$116,077
Jun 2019751,26452.782.49$128,078
May 2019147,20558.482.74$129,415
Apr 2019663,40162.632.75$174,773
Mar 20193989,32556.803.06$275,737
Feb 201961104,64550.852.79$295,294
Jan 201938104,75746.033.23$339,924
Dec 201851127,54446.594.19$536,204
Nov 201892129,32352.934.24$552,842
Oct 2018172151,19361.443.40$524,334
Sep 2018275233,02359.543.11$740,609
Aug 2018604333,70959.403.07$1,059,216
Jul 20180134,40965.142.93$394,071

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               37,643 Mcf  × $  2.87 =   $108,025

────────────────────────────────────────────────────
Month total                                 $108,025

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/285260 is the state's own key, not one this site invented.