BRISCOE C

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 296086District 01Field 54928500Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$19.5 M
Jan 2023 – May 2026
Value, last 12 filed months
$1.3 M
at the published price for each month
Months reported
41
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
CondensateDisposition227,051 bbl$17,064,575
GasProduction899,138 Mcf$2,385,713
Total$19,450,288

Every month this lease reported (41)

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

41 months

May 202600106.413.05$0
Apr 20261,5717,42698.932.87$176,730
Mar 20262,9218,57289.753.15$289,157
Feb 20261,1785,39763.503.75$95,043
Jan 20261,8519,11159.138.00$182,319
Dec 20251,8199,29456.664.41$144,082
Nov 20251,8168,13458.593.93$138,337
Oct 20251,7135,56659.383.30$120,113
Sep 202518231562.743.08$12,388
Aug 20250063.933.01$0
Jul 202567066.743.32$4,472
Jun 20251,7295,68766.483.13$132,737
May 20253,85714,68760.553.23$281,014
Apr 20254,16514,68362.363.54$311,753
Mar 20254,94518,50367.704.27$413,753
Feb 20251,1155,53770.884.34$103,066
Jan 20252,99012,35474.324.28$275,076
Dec 20244,23517,11268.993.12$345,586
Nov 20244,05917,49469.052.20$318,733
Oct 20244,67419,17971.372.28$377,338
Sep 20245,02819,54969.612.36$396,220
Aug 20245,30020,03175.632.06$442,176
Jul 20245,14819,77779.932.15$453,933
Jun 20245,39922,24178.082.63$480,136
May 20245,56523,91778.812.20$491,158
Apr 20247,69137,06384.451.66$711,000
Mar 20244,60724,02580.301.55$407,064
Feb 20248,79247,83876.091.78$754,309
Jan 20242,41515,42973.023.30$227,223
Dec 20232,2557,05471.262.61$179,107
Nov 20237,81130,47377.892.81$693,954
Oct 20238,23234,02285.443.09$808,378
Sep 20238,75336,59189.042.74$879,445
Aug 20239,94241,33980.522.67$911,024
Jul 202311,42142,84374.852.64$968,044
Jun 202310,68043,24468.962.26$834,159
May 202313,35346,63570.622.23$1,046,864
Apr 202315,03050,14178.122.24$1,286,347
Mar 202316,48256,20772.852.39$1,335,226
Feb 202318,37263,17175.112.47$1,535,680
Jan 20239,88838,49776.533.39$887,146

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         1,571 bbl  × $ 98.93 =   $155,419
Gas                7,426 Mcf  × $  2.87 =    $21,311

────────────────────────────────────────────────────
Month total                                 $176,730

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/296086 is the state's own key, not one this site invented.