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 285332District 01Field 12018200Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$9.4 M
Jul 2018 – May 2026
Value, last 12 filed months
$365 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
CondensateDisposition294 bbl$17,162
GasProduction2,886,302 Mcf$9,336,981
Total$9,354,144

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 202607,95198.932.87$22,817
Mar 202608,49189.753.15$26,742
Feb 2026014963.503.75$559
Jan 202606,75359.138.00$54,010
Dec 2025012,64456.664.41$55,803
Nov 2025011,30958.593.93$44,404
Oct 2025010,61059.383.30$35,064
Sep 2025014,50162.743.08$44,618
Aug 2025013,74263.933.01$41,429
Jul 202501,95266.743.32$6,471
Jun 2025010,50966.483.13$32,880
May 2025013,31160.553.23$43,025
Apr 2025011,59262.363.54$41,072
Mar 2025013,81167.704.27$58,950
Feb 2025011,93270.884.34$51,795
Jan 2025016,24874.324.28$69,520
Dec 2024014,53868.993.12$45,378
Nov 2024011,03669.052.20$24,262
Oct 2024015,21371.372.28$34,707
Sep 2024010,02569.612.36$23,703
Aug 2024113,63375.632.06$28,209
Jul 2024014,50279.932.15$31,130
Jun 2024013,16078.082.63$34,663
May 2024014,41378.812.20$31,686
Apr 202406,17384.451.66$10,242
Mar 2024032480.301.55$501
Feb 202409,57076.091.78$17,069
Jan 2024013,76573.023.30$45,392
Dec 2023115,17671.262.61$39,692
Nov 202306,59177.892.81$18,505
Oct 202304,99585.443.09$15,421
Sep 2023011,21589.042.74$30,673
Aug 2023020,82080.522.67$55,649
Jul 2023123,48474.852.64$10,102
Jun 202304,08068.962.26$9,215
May 202307,34470.622.23$16,358
Apr 2023011,52778.122.24$25,795
Mar 2023016,69972.852.39$39,963
Feb 2023012,08675.112.47$29,800
Jan 2023013,01676.533.39$44,095
Dec 202202,54976.415.73$14,603
Nov 2022010,98585.005.65$62,024
Oct 2022214,04387.185.86$82,519
Sep 202206,04384.888.16$49,333
Aug 202208,29094.529.13$75,664
Jul 2022012,878101.587.54$97,127
Jun 2022315,568115.097.98$124,534
May 2022016,263109.378.43$137,147
Apr 2022015,907104.226.84$108,766
Mar 2022019,086108.885.08$96,888
Feb 2022016,73391.054.86$81,303
Jan 2022020,05481.844.54$90,999
Dec 2021020,24671.323.90$78,942
Nov 2021120,07477.435.24$105,202
Oct 2021021,40979.795.71$122,328
Sep 2021021,27969.865.35$113,862
Aug 2021022,06166.024.22$93,110
Jul 2021022,79470.783.98$90,768
Jun 2021023,07569.493.38$78,008
May 2021024,23563.483.02$73,133
Apr 2021024,02960.362.76$66,282
Mar 2021126,12561.302.72$71,041
Feb 2021222,40257.805.55$124,401
Jan 2021027,77950.412.81$78,066
Dec 2020028,58844.642.68$76,486
Nov 2020027,34638.772.71$74,014
Oct 2020029,23236.972.48$72,449
Sep 2020029,19337.091.99$58,124
Aug 2020031,01739.982.39$73,979
Jul 2020032,63338.371.83$59,559
Jun 2020030,27934.901.69$51,181
May 2020031,87816.921.81$57,851
Apr 2020030,92414.751.80$55,799
Mar 2020033,43630.341.86$62,065
Feb 20202832,90349.881.98$66,567
Jan 202016934,75257.252.09$82,472
Dec 20192635,66059.012.30$83,708
Nov 2019737,77455.302.75$104,292
Oct 2019340,33153.472.42$97,703
Sep 2019039,90755.052.66$106,044
Aug 2019042,75853.112.30$98,530
Jul 2019047,29956.272.46$116,358
Jun 2019049,66652.782.49$123,728
May 2019060,56058.482.74$165,954
Apr 2019056,32462.632.75$154,930
Mar 2019060,79156.803.06$186,148
Feb 2019059,31050.852.79$165,607
Jan 2019187,24546.033.23$281,689
Dec 20183111,77446.594.19$467,963
Nov 201810115,28652.934.24$489,024
Oct 201824142,79561.443.40$486,703
Sep 20180218,07259.543.11$677,768
Aug 20180319,87659.403.07$980,919
Jul 20180125,89665.142.93$369,112

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                7,951 Mcf  × $  2.87 =    $22,817

────────────────────────────────────────────────────
Month total                                  $22,817

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/285332 is the state's own key, not one this site invented.