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 285282District 01Field 12018200Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$21.0 M
Jul 2018 – May 2026
Value, last 12 filed months
$123 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
CondensateDisposition193 bbl$12,602
GasProduction6,456,105 Mcf$20,982,375
Total$20,994,977

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 20260098.932.87$0
Mar 20260089.753.15$0
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 202507,61166.743.32$25,232
Jun 2025031,28166.483.13$97,869
May 2025032,90760.553.23$106,366
Apr 2025031,68662.363.54$112,267
Mar 2025034,27267.704.27$146,284
Feb 2025031,42570.884.34$136,411
Jan 2025134,04674.324.28$145,746
Dec 2024933,31268.993.12$104,600
Nov 2024033,17069.052.20$72,922
Oct 2024035,86871.372.28$81,829
Sep 2024131,56369.612.36$74,696
Aug 2024035,81475.632.06$73,907
Jul 2024036,09679.932.15$77,483
Jun 2024035,34478.082.63$93,095
May 2024035,67078.812.20$78,418
Apr 2024036,06484.451.66$59,837
Mar 2024037,37280.301.55$57,745
Feb 2024034,99576.091.78$62,418
Jan 2024036,21973.023.30$119,438
Dec 2023037,00171.262.61$96,599
Nov 2023037,20577.892.81$104,455
Oct 2023039,26185.443.09$121,210
Sep 2023238,26889.042.74$104,843
Aug 20232141,36580.522.67$112,255
Jul 2023041,88774.852.64$110,657
Jun 2023037,11668.962.26$83,826
May 20231538,65270.622.23$87,153
Apr 20231038,16778.122.24$86,190
Mar 20232540,10672.852.39$97,801
Feb 2023037,53475.112.47$92,547
Jan 2023141,70376.533.39$141,355
Dec 2022536,87076.415.73$211,613
Nov 2022039,85185.005.65$225,007
Oct 2022042,50287.185.86$249,222
Sep 2022040,80684.888.16$333,127
Aug 2022042,17694.529.13$384,947
Jul 2022042,830101.587.54$323,027
Jun 2022042,129115.097.98$336,071
May 2022134,965109.378.43$294,971
Apr 2022046,182104.226.84$315,774
Mar 2022049,157108.885.08$249,541
Feb 2022045,24991.054.86$219,858
Jan 2022050,89881.844.54$230,959
Dec 2021051,43471.323.90$200,547
Nov 2021050,40077.435.24$263,937
Oct 2021052,55679.795.71$300,298
Sep 2021051,52269.865.35$275,690
Aug 2021053,99466.024.22$227,887
Jul 2021055,16870.783.98$219,683
Jun 2021155,13969.493.38$186,474
May 2021057,90463.483.02$174,735
Apr 2021156,20460.362.76$155,095
Mar 2021457,84361.302.72$157,401
Feb 2021235,52057.805.55$197,179
Jan 2021163,55450.412.81$178,654
Dec 2020164,46944.642.68$172,529
Nov 2020061,14938.772.71$165,504
Oct 2020164,29636.972.48$159,390
Sep 2020063,82037.091.99$127,068
Aug 2020067,17339.982.39$160,214
Jul 2020070,83038.371.83$129,273
Jun 2020068,06134.901.69$115,044
May 2020063,78716.921.81$115,757
Apr 2020086,94514.751.80$156,882
Mar 2020086,60230.341.86$160,753
Feb 2020889,06749.881.98$176,811
Jan 20204392,63457.252.09$196,506
Dec 20191107,05359.012.30$246,748
Nov 20191111,50155.302.75$306,761
Oct 20192116,67853.472.42$282,297
Sep 20195117,66555.052.66$312,944
Aug 20190129,34253.112.30$298,051
Jul 20190136,80956.272.46$336,558
Jun 20191143,93552.782.49$358,624
May 20191138,61258.482.74$379,900
Apr 20191145,08762.632.75$399,153
Mar 20193161,44156.803.06$494,519
Feb 20193128,26750.852.79$358,302
Jan 20191202,38946.033.23$653,394
Dec 20182228,53646.594.19$956,617
Nov 20183265,09952.934.24$1,123,447
Oct 20186327,47361.443.40$1,113,148
Sep 201810357,23959.543.11$1,110,894
Aug 20180361,56559.403.07$1,108,761
Jul 20180150,74865.142.93$441,975

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.

Jul 2025 — as filed, then multipliedworked
Condensate             0 bbl  × $ 66.74 =         $0
Gas                7,611 Mcf  × $  3.32 =    $25,232

────────────────────────────────────────────────────
Month total                                  $25,232

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/285282 is the state's own key, not one this site invented.