GALVAN STATE GU3
GALVAN STATE GU3 is a Texas gas lease in Webb County, Railroad Commission district 01, operated by Sm Energy Company. It has 1 wellbore on file with the Commission. Reported production runs from November 2014 to August 2026, totalling 3,444,356 thousand cubic feet. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values a standard royalty share at about $39K, with roughly $7K expected over the next twelve months.
| Operator | Sm Energy Company |
|---|---|
| Field | Briscoe Ranch (Eagleford) |
| County | Webb County, Texas |
| RRC district | 01 |
| Lease number | 276709 |
| Wellbores | 1 |
| Reported production | 3,444,356 mcf |
| First reported | November 2014 |
| Last reported | August 2026 |
| Estimated royalty value | $39K |
Production figures are as reported to the Railroad Commission of Texas. The value shown is an estimate produced by fitting a decline curve to that reported history; it is not an offer or an appraisal.