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 296045District 01Field 54928500Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$4.7 M
Jul 2022 – May 2026
Value, last 12 filed months
$498 k
at the published price for each month
Months reported
47
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
CondensateDisposition48,174 bbl$3,773,965
GasProduction222,998 Mcf$905,425
Total$4,679,390

Every month this lease reported (47)

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

47 months

May 202600106.413.05$0
Apr 20264302,44398.932.87$49,551
Mar 20266093,32389.753.15$65,123
Feb 20262451,70163.503.75$21,937
Jan 20264732,70259.138.00$49,579
Dec 20254502,87956.664.41$38,203
Nov 20254972,91358.593.93$40,557
Oct 20256193,20359.383.30$47,342
Sep 20255622,87762.743.08$44,112
Aug 20256293,23763.933.01$49,971
Jul 20258404,34066.743.32$70,450
Jun 20252221,92766.483.13$20,788
May 20258344,88260.553.23$66,279
Apr 20254002,11862.363.54$32,448
Mar 20256884,36867.704.27$65,222
Feb 20256503,98070.884.34$63,349
Jan 20254624,92574.324.28$55,408
Dec 20248085,37468.993.12$72,518
Nov 20242,3445,95569.052.20$174,945
Oct 20242071.372.28$143
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 202415078.082.63$1,171
May 20244462,33478.812.20$40,280
Apr 20241,0264,73984.451.66$94,509
Mar 20249045,36980.301.55$80,887
Feb 20247395,09976.091.78$65,325
Jan 20248745,64873.023.30$82,445
Dec 20231,2375,19671.262.61$101,714
Nov 20231,6956,25777.892.81$149,590
Oct 20235512,72785.443.09$55,496
Sep 20231,1686,91989.042.74$122,922
Aug 20231,3718,22780.522.67$132,383
Jul 20231,6759,61574.852.64$150,775
Jun 20231,1234,15868.962.26$86,833
May 20231,7787,79370.622.23$142,920
Apr 20231,8507,32278.122.24$160,907
Mar 20231,2353,82472.852.39$99,121
Feb 20231,7688,51775.112.47$153,795
Jan 20233,04610,69476.533.39$269,339
Dec 202240188576.415.73$35,711
Nov 20221,4206,46185.005.65$157,180
Oct 20223,11814,93587.185.86$359,403
Sep 20223,48717,30584.888.16$437,249
Aug 20223,78513,81894.529.13$483,877
Jul 20221,6982,009101.587.54$187,635

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           430 bbl  × $ 98.93 =    $42,540
Gas                2,443 Mcf  × $  2.87 =     $7,011

────────────────────────────────────────────────────
Month total                                  $49,551

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/296045 is the state's own key, not one this site invented.