BRISCOE G

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

Gas lease lease 294736District 01Field 54928500Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$8.8 M
Mar 2023 – May 2026
Value, last 12 filed months
$518 k
at the published price for each month
Months reported
39
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 484 leases and 599 wells, and the rule below applies to all of them.

Discovered
2009-10-26
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 2023-08-22.

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: A UFT FIELD. FIELD GETS UFT ALLOWABLE, EFFECTIVE 08-22-2023

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
CondensateDisposition100,366 bbl$7,593,467
GasProduction470,859 Mcf$1,188,115
Total$8,781,581

Every month this lease reported (39)

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

39 months

May 202600106.413.05$0
Apr 20261,1124,20398.932.87$122,072
Mar 20261,3785,76789.753.15$141,838
Feb 20269943,52063.503.75$76,320
Jan 20262451,13859.138.00$23,588
Dec 20252581,04556.664.41$19,230
Nov 20252691,04658.593.93$19,868
Oct 20253211,07159.383.30$22,600
Sep 20253221,02062.743.08$23,341
Aug 20253291,15663.933.01$24,518
Jul 20252801,07766.743.32$22,258
Jun 20252771,22266.483.13$22,238
May 20252911,02160.553.23$20,920
Apr 202523075262.363.54$17,007
Mar 2025582567.704.27$4,033
Feb 20257723,55470.884.34$70,147
Jan 20251,8158,83674.324.28$172,697
Dec 20241,8049,16468.993.12$153,062
Nov 20241,6819,26269.052.20$136,435
Oct 20241,8799,96371.372.28$156,834
Sep 20242,01610,10069.612.36$164,214
Aug 20242,32510,59875.632.06$197,710
Jul 20242,32510,23579.932.15$207,808
Jun 20242,40110,13878.082.63$214,173
May 20242,50110,83778.812.20$220,928
Apr 20242,53311,72884.451.66$233,371
Mar 20242,63913,90080.301.55$233,389
Feb 20242,60514,27976.091.78$223,683
Jan 20243,20016,58773.023.30$288,362
Dec 20233,83818,18771.262.61$320,977
Nov 20233,74820,05877.892.81$348,246
Oct 20233,32820,42985.443.09$347,414
Sep 20233,17616,16989.042.74$327,014
Aug 20235,09929,10380.522.67$488,360
Jul 20236,52932,57074.852.64$574,739
Jun 20236,73636,89068.962.26$547,830
May 202310,57344,45970.622.23$845,693
Apr 202314,24558,93878.122.24$1,244,709
Mar 20236,23420,81272.852.39$503,953

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         1,112 bbl  × $ 98.93 =   $110,010
Gas                4,203 Mcf  × $  2.87 =    $12,061

────────────────────────────────────────────────────
Month total                                 $122,072

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/294736 is the state's own key, not one this site invented.