BRISCOE B (SA20)

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 297582District 01Field 54928500Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$9.4 M
Mar 2024 – May 2026
Value, last 12 filed months
$3.4 M
at the published price for each month
Months reported
27
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
CondensateDisposition108,106 bbl$7,421,556
GasProduction607,449 Mcf$2,018,146
Total$9,439,701

Every month this lease reported (27)

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

27 months

May 202600106.413.05$0
Apr 20263,34015,82498.932.87$375,837
Mar 20263,81721,25189.753.15$409,505
Feb 20261,89711,19363.503.75$162,437
Jan 20263,21717,84259.138.00$332,920
Dec 20253,27518,83956.664.41$268,705
Nov 20253,43519,23858.593.93$276,794
Oct 20254,10521,19459.383.30$313,798
Sep 20253,78920,94462.743.08$302,165
Aug 20253,94323,07763.933.01$321,648
Jul 20254,03518,75066.743.32$331,456
Jun 20254,01920,57766.483.13$331,563
May 20255,48229,85360.553.23$428,430
Apr 20255,34328,33062.363.54$433,566
Mar 20255,95034,46467.704.27$549,918
Feb 20255,95130,78570.884.34$555,440
Jan 20257,52544,42774.324.28$749,347
Dec 20248,17546,19468.993.12$708,182
Nov 20248,84450,34969.052.20$721,367
Oct 202412,03766,36271.372.28$1,010,479
Sep 20248,72358,67369.612.36$745,932
Aug 20241,2049,28375.632.06$110,215
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

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         3,340 bbl  × $ 98.93 =   $330,426
Gas               15,824 Mcf  × $  2.87 =    $45,410

────────────────────────────────────────────────────
Month total                                 $375,837

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/297582 is the state's own key, not one this site invented.