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 227628District 01Field 16340500CondensateGasSaveExport
Value, all time
$20 k
Apr 2007 – Aug 2015
Value, last 12 filed months
$0
at the published price for each month
Months reported
101
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
CondensateDisposition104 bbl$9,144
GasProduction2,567 Mcf$10,932
Total$20,076

Every month this lease reported (101)

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

101 months

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 20140094.734.73$0
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 20130088.853.74$0
Oct 20132097.423.78$195
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201368102.523.72$645
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 201317091.603.42$1,557
Dec 20120386.773.42$10
Nov 20120186.953.62$4
Oct 20120189.383.40$3
Sep 20120194.672.92$3
Aug 20120392.662.91$9
Jul 20121314385.133.02$1,539
Jun 2012015379.822.52$385
May 201203991.612.49$97
Apr 2012052101.652.00$104
Mar 2012061105.052.22$136
Feb 2012635101.102.57$697
Jan 201204198.092.73$112
Dec 201102096.873.24$65
Nov 201102995.723.31$96
Oct 2011716284.983.65$1,186
Sep 201105483.623.99$215
Aug 201104483.404.15$183
Jul 201103394.144.52$149
Jun 201101992.904.64$88
May 201173598.134.40$841
Apr 2011040105.964.33$173
Mar 201105396.364.06$215
Feb 201129585.644.18$568
Jan 2011139486.504.59$1,556
Dec 2010146585.734.35$1,483
Nov 201076180.843.80$797
Oct 201006878.103.51$239
Sep 201007472.633.98$294
Aug 201009373.684.42$411
Jul 201028272.554.74$533
Jun 201006570.364.91$319
May 20100271.124.24$8
Apr 20100381.694.12$12
Mar 20100378.394.39$13
Feb 20100273.585.44$11
Jan 20100274.365.96$12
Dec 20095371.445.48$374
Nov 20090074.593.75$0
Oct 20093172.544.11$222
Sep 20090865.543.06$25
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 2009019454.743.93$762
Apr 2009011646.773.59$416
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 200907935.865.37$424
Dec 200804537.105.98$269
Nov 2008038255.496.86$2,621
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
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 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0

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.

Oct 2013 — as filed, then multipliedworked
Condensate             2 bbl  × $ 97.42 =       $195
Gas                    0 Mcf  × $  3.78 =         $0

────────────────────────────────────────────────────
Month total                                     $195

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/227628 is the state's own key, not one this site invented.