BRISCOE -A-

Operated by SM ENERGY COMPANY (P-5 788997) in the CATARINA, SW. (OLMOS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 215189District 01Field 16340500CondensateGasSaveExport
Value, all time
$147 k
Feb 2006 – Mar 2016
Value, last 12 filed months
$2 k
at the published price for each month
Months reported
122
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 213 leases and 214 wells, and the rule below applies to all of them.

Discovered
1973-12-28
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,200 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 80 acres.

The Commission's schedule remark for this field reads: OPTIONAL 80 ACRE UNIT MAX DIAG 4000

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
CondensateDisposition396 bbl$26,974
GasProduction17,742 Mcf$119,722
Total$146,696

Every month this lease reported (122)

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

122 months

Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 201547038.792.17$1,823
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 201404594.734.73$213
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130288.853.74$7
Oct 2013384397.423.78$3,864
Sep 201301104.113.72$4
Aug 201300104.253.52$0
Jul 201357102.523.72$539
Jun 20130194.403.93$4
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20139091.603.42$824
Dec 20120186.773.42$3
Nov 20120186.953.62$4
Oct 20120089.383.40$0
Sep 20120194.672.92$3
Aug 20120292.662.91$6
Jul 2012410685.133.02$661
Jun 201204679.822.52$116
May 201201391.612.49$32
Apr 2012018101.652.00$36
Mar 2012020105.052.22$44
Feb 2012111101.102.57$129
Jan 201201198.092.73$30
Dec 20110596.873.24$16
Nov 20110895.723.31$26
Oct 20112884.983.65$199
Sep 20110383.623.99$12
Aug 201101283.404.15$50
Jul 201101194.144.52$50
Jun 201102192.904.64$97
May 201133398.134.40$440
Apr 2011024105.964.33$104
Mar 201103596.364.06$142
Feb 201113985.644.18$249
Jan 201143186.504.59$488
Dec 201052285.734.35$524
Nov 201022280.843.80$245
Oct 201002778.103.51$95
Sep 201002572.633.98$99
Aug 201003173.684.42$137
Jul 201012772.554.74$200
Jun 201003170.364.91$152
May 201003971.124.24$165
Apr 201004681.694.12$190
Mar 201004778.394.39$206
Feb 201002973.585.44$158
Jan 201003774.365.96$221
Dec 2009136871.445.48$1,302
Nov 200903374.593.75$124
Oct 200910772.544.11$754
Sep 200901865.543.06$55
Aug 200901667.423.22$52
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20091854.743.93$86
Apr 200902646.773.59$93
Mar 20090042.144.06$0
Feb 2009015232.814.63$704
Jan 200904435.865.37$236
Dec 2008030637.105.98$1,829
Nov 2008014755.496.86$1,008
Oct 200802375.246.92$159
Sep 2008027101.767.88$213
Aug 20080150114.228.48$1,272
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080590.388.21$41
Dec 200701788.337.30$124
Nov 2007088591.677.29$6,453
Oct 2007063082.856.92$4,361
Sep 2007058675.846.24$3,659
Aug 2007137569.066.39$2,465
Jul 2007174170.906.39$4,804
Jun 2007171362.007.55$5,444
May 2007158558.747.85$4,649
Apr 2007187259.617.81$6,866
Mar 2007156456.927.30$4,175
Feb 2007418055.108.22$1,699
Jan 2007216150.306.73$1,184
Dec 2006237456.656.92$2,701
Nov 20061571854.207.62$6,282
Oct 2006066654.906.01$4,005
Sep 2006079560.085.04$4,005
Aug 200611595768.717.34$14,926
Jul 2006039569.376.34$2,505
Jun 2006072166.286.38$4,603
May 20069380166.016.42$11,285
Apr 200601,15864.397.36$8,523
Mar 2006132,38056.707.08$17,594
Feb 2006049657.597.75$3,845

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.

Nov 2015 — as filed, then multipliedworked
Condensate            47 bbl  × $ 38.79 =     $1,823
Gas                    0 Mcf  × $  2.17 =         $0

────────────────────────────────────────────────────
Month total                                   $1,823

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/215189 is the state's own key, not one this site invented.