GALVAN RANCH LP GU2 STATE
GALVAN RANCH LP GU2 STATE 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 April 2014 to August 2026, totalling 3,272,158 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 the whole lease — a 100% undivided interest — at about $1.8M, with roughly $303K expected over the next twelve months. An individual royalty owner receives their own decimal interest times that figure. Over the last twelve months on file it averaged 8,445 thousand cubic feet a month. Its strongest month on the record we hold was May 2016, at 35,163 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 17% of what they went on to produce, and that measured error is the range shown on the page rather than a confidence of our own devising.
Key facts about GALVAN RANCH LP GU2 STATE
- Who operates GALVAN RANCH LP GU2 STATE?
- GALVAN RANCH LP GU2 STATE is operated by SM Energy Company, Railroad Commission of Texas operator number 788997.
- Where is GALVAN RANCH LP GU2 STATE?
- GALVAN RANCH LP GU2 STATE is a Texas gas lease in Webb County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 273855.
- Is GALVAN RANCH LP GU2 STATE still producing?
- GALVAN RANCH LP GU2 STATE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GALVAN RANCH LP GU2 STATE is August 2026.
- How much has GALVAN RANCH LP GU2 STATE produced?
- GALVAN RANCH LP GU2 STATE has reported 3,272,158 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between April 2014 and August 2026, from 1 wellbore.
- How much is GALVAN RANCH LP GU2 STATE worth?
- The remaining production from GALVAN RANCH LP GU2 STATE is estimated to be worth about $1.8M in total as of 26 August 2026, within a range of $1.5M to $2.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GALVAN RANCH LP GU2 STATE is a fraction of it. The estimate fits an Arps decline curve to the production GALVAN RANCH LP GU2 STATE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GALVAN RANCH LP GU2 STATE is an estimate of value, not an offer and not an appraisal.
- How much income does GALVAN RANCH LP GU2 STATE generate in a year?
- GALVAN RANCH LP GU2 STATE is forecast to net about $303K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in GALVAN RANCH LP GU2 STATE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | SM Energy Company |
|---|---|
| Field | Briscoe Ranch (Eagleford) |
| County | Webb County, Texas |
| RRC district | 01 |
| Lease number | 273855 |
| Wellbores | 1 |
| Reported production | 3,272,158 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.8M |
Where GALVAN RANCH LP GU2 STATE sits
Source: Railroad Commission of Texas lease production records, complete through . Figures on this page were computed on .
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. How this estimate is calculated.