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BRISCOE B (SA1)

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 295436District 01Field 54928500Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$43.8 M
Jul 2020 – May 2026
Value, last 12 filed months
$1.4 M
at the published price for each month
Months reported
70
1 month not filed
Streams
2
condensate, gas

The LORENZO (AUSTIN CHALK) field

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
CondensateDisposition540,227 bbl$36,033,357
GasProduction1,982,691 Mcf$7,726,950
Total$43,760,307

Every month this lease reported (70)

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

70 months

May 202600106.413.05$0
Apr 20261,5476,29298.932.87$171,101
Mar 20261,4735,73989.753.15$150,276
Feb 20261,1965,15663.503.75$95,283
Jan 20261,5976,06659.138.00$142,946
Dec 20251,3406,26556.664.41$103,574
Nov 20251,3396,24958.593.93$102,988
Oct 20251,7586,66059.383.30$126,400
Sep 20251,5315,24562.743.08$112,193
Aug 20251,5435,82563.933.01$116,205
Jul 20251,5286,25566.743.32$122,715
Jun 20251,6336,63966.483.13$129,333
May 20251,7406,23660.553.23$125,514
Apr 20252,0345,88662.363.54$147,695
Mar 20251,7295,41867.704.27$140,179
Feb 20251,6876,03770.884.34$145,780
Jan 20252,5795,87974.324.28$216,826
Dec 20241,8776,72068.993.12$150,470
Nov 20242,4308,19969.052.20$185,817
Oct 20241,1072,51871.372.28$84,751
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20243,81720,91273.023.30$347,678
Dec 20232,31715,60671.262.61$205,852
Nov 20237581,81077.892.81$64,122
Oct 20236,19929,14485.443.09$619,618
Sep 20236,53529,41989.042.74$662,339
Aug 20236,48927,47580.522.67$595,932
Jul 20236,63327,87274.852.64$570,112
Jun 20233,51515,62068.962.26$277,672
May 20237,62830,99170.622.23$607,719
Apr 20235,75834,13378.122.24$526,196
Mar 20233,33920,50172.852.39$292,308
Feb 20236,32929,52075.112.47$548,158
Jan 20237,50632,59276.533.39$684,847
Dec 20226,55625,18776.415.73$645,242
Nov 20226,73127,97185.005.65$730,065
Oct 20228,76831,01187.185.86$946,235
Sep 20228,41529,56284.888.16$955,600
Aug 20229,75933,91194.529.13$1,231,932
Jul 20229,46036,627101.587.54$1,237,191
Jun 202210,25138,347115.097.98$1,485,689
May 202211,51239,501109.378.43$1,592,181
Apr 20229,23931,668104.226.84$1,179,422
Mar 202212,38742,258108.885.08$1,563,215
Feb 20229,29539,03091.054.86$1,035,950
Dec 202112,75149,22571.323.90$1,101,336
Nov 202112,74949,17677.435.24$1,244,682
Oct 202113,49051,21079.795.71$1,368,974
Sep 202113,65148,30869.865.35$1,212,151
Aug 202114,98852,86966.024.22$1,212,646
Jul 202116,27661,89370.783.98$1,398,478
Jun 202117,58664,33469.493.38$1,439,540
May 202121,22876,73563.483.02$1,579,114
Apr 202123,56274,98160.362.76$1,629,031
Mar 202122,35266,84161.302.72$1,551,781
Feb 202114,27347,66257.805.55$1,089,406
Jan 202125,68484,13350.412.81$1,531,167
Dec 202025,00087,99844.642.68$1,351,435
Nov 202024,02968,89338.772.71$1,118,068
Oct 202031,05596,61836.972.48$1,387,564
Sep 202028,071101,01537.091.99$1,242,278
Aug 202020,65888,32639.982.39$1,036,573
Jul 20201,9608,52238.371.83$90,759

Not filed, and not zero: Jan 2022. The Railroad Commission holds no report for those months, so this page shows none — a zero would state that the lease produced nothing.

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         1,547 bbl  × $ 98.93 =   $153,045
Gas                6,292 Mcf  × $  2.87 =    $18,056

────────────────────────────────────────────────────
Month total                                 $171,101

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/295436 is the state's own key, not one this site invented.