BRISCOE "ERA"

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

Gas lease lease 193498District 04Field 355665002 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.8 M
Jan 2003 – May 2013
Value, last 12 filed months
$15 k
at the published price for each month
Months reported
125
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 830 leases and 840 wells, and the rule below applies to all of them.

Discovered
1978-10-01
as the register files it
Field class
Oil and gas
the register's own label
Between wells
933 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2005-10-25.

The Commission's schedule remark for this field reads: REMAIN SUSPENDED.

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
High Cost Gas112003-05-15151478
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
CondensateDisposition6,174 bbl$290,834
GasProduction238,165 Mcf$1,540,315
Total$1,831,149

Wells on this lease (1)

Every wellbore the Railroad Commission records against this lease key, with the depth, the last completion and the plug date exactly as filed. A well with no plug date is not stated to be producing — the state files no such flag.

These wells centre on 28.0342, -99.9403. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.03423, -99.94033 · centre of the wells drawn, derived

What these wells add up to

Every figure below is counted over all of this lease's wells, not over the rows listed above. The Railroad Commission files two facts about a well's state — a plug date and a proration-schedule flag — and a well can carry both, so they are published as separate counts and never merged into a status.

On the schedule
100.0%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
5,050 ft
1 wells filed one
Completion to plug
10.3 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
NeitherNo plug date, and not on the schedule.
00.0%

A plug date is the date the Commission recorded the wellbore as sealed with cement and abandoned. It is the only end-of-life fact Texas files. There is no "active" flag on a well, so this page does not print one — a well with no plug date is not stated to be producing.

How deep they were drilled

The one well that filed a depth was drilled to 5,050 ft.

Completions filed
Jan 2003
1 of 1 wells
Plug dates filed
May 2013
1 of 1 wells

Last completion to plug: a median of 10.3 years across the 1 well that filed both dates, with the middle half between 10.3 years and 10.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4793825515,050 ftJan 2003May 2013Yes

The API number is the state's, prefixed 42 for Texas. A well is matched to this lease by the lease key the Commission files on the wellbore record, so a well that has moved between leases appears under each one it was filed against.

Every month this lease reported (125)

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

125 months

May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 2013226893.623.91$1,236
Feb 2013127691.233.42$1,035
Jan 2013026291.603.42$896
Dec 201212020786.773.42$11,120
Nov 201208186.953.62$294
Oct 201205589.383.40$187
Sep 20120094.672.92$0
Aug 2012013492.662.91$390
Jul 201203085.133.02$91
Jun 201206879.822.52$171
May 201219991.612.49$338
Apr 2012364101.652.00$433
Mar 2012185105.052.22$294
Feb 20122161101.102.57$616
Jan 2012119598.092.73$631
Dec 2011250796.873.24$1,836
Nov 2011138595.723.31$1,371
Oct 20110084.983.65$0
Sep 201115483.623.99$299
Aug 2011387983.404.15$3,897
Jul 2011287094.144.52$4,118
Jun 2011597492.904.64$4,984
May 2011398398.134.40$4,624
Apr 20115848105.964.33$4,204
Mar 2011594096.364.06$4,296
Feb 20112085385.644.18$5,278
Jan 20111296586.504.59$5,466
Dec 20102388485.734.35$5,815
Nov 201041,00680.843.80$4,141
Oct 201041,01378.103.51$3,867
Sep 2010892572.633.98$4,262
Aug 201061,01673.684.42$4,932
Jul 2010484772.554.74$4,302
Jun 2010493170.364.91$4,853
May 201021,00071.124.24$4,377
Apr 2010576081.694.12$3,542
Mar 2010042678.394.39$1,870
Feb 2010171373.585.44$3,954
Jan 2010254174.365.96$3,375
Dec 2009259371.445.48$3,395
Nov 2009768574.593.75$3,092
Oct 2009988472.544.11$4,286
Sep 2009187365.543.06$2,741
Aug 200921,13367.423.22$3,781
Jul 200901,00861.133.46$3,492
Jun 2009221,02966.163.90$5,463
May 2009291,02954.743.93$5,627
Apr 200981,11446.773.59$4,371
Mar 200921,31542.144.06$5,422
Feb 200901,16032.814.63$5,374
Jan 200931,43835.865.37$7,831
Dec 200811,04737.105.98$6,295
Nov 200811,13655.496.86$7,849
Oct 2008943275.246.92$3,667
Sep 20080384101.767.88$3,025
Aug 200811,270114.228.48$10,888
Jul 200801,576131.0811.39$17,950
Jun 200801,623131.3313.03$21,152
May 2008991,767123.1711.57$32,646
Apr 200811,174110.3110.45$12,384
Mar 200881,297101.909.66$13,350
Feb 200801,97392.538.77$17,304
Jan 200802,19490.388.21$18,003
Dec 200702,20488.337.30$16,094
Nov 200722,09991.677.29$15,489
Oct 200702,03682.856.92$14,093
Sep 200721,92275.846.24$12,153
Aug 2007141,69869.066.39$11,814
Jul 2007131,92170.906.39$13,193
Jun 2007101,77462.007.55$14,011
May 2007111,97558.747.85$16,143
Apr 2007132,08659.617.81$17,057
Mar 2007132,11956.927.30$16,213
Feb 2007121,98955.108.22$17,003
Jan 200752,32550.306.73$15,891
Dec 2006152,23556.656.92$16,312
Nov 200642,82354.207.62$21,721
Oct 200632,16154.906.01$13,161
Sep 2006102,21560.085.04$11,758
Aug 200602,23068.717.34$16,368
Jul 2006311,41769.376.34$11,138
Jun 200683,78966.286.38$24,719
May 200671,84466.016.42$12,310
Apr 200691,57864.397.36$12,194
Mar 2006911,63756.707.08$16,754
Feb 2006951,54457.597.75$17,439
Jan 2006731,73060.598.93$19,878
Dec 2005331,91154.9413.42$27,450
Nov 2005181,89854.6910.59$21,081
Oct 2005411,94158.3413.80$29,170
Sep 2005411,86461.4512.08$25,035
Aug 2005492,04361.519.80$23,029
Jul 20052051,07055.697.84$19,809
Jun 20053191,92752.337.38$30,917
May 20054962,62445.226.65$39,882
Apr 20053581,33149.207.36$27,410
Mar 200538882450.377.15$25,439
Feb 20055681,17645.226.31$33,108
Jan 2005872,22543.166.32$17,822
Dec 2004952,05539.866.75$17,660
Nov 2004602,49345.286.33$18,499
Oct 2004571,25849.706.52$11,029
Sep 2004712,02143.245.28$13,749
Aug 20042862,49742.375.55$25,978
Jul 20046612,53038.286.08$40,696
Jun 20043542,84936.106.43$31,107
May 2004192,25737.486.49$15,370
Apr 2004182,73334.475.86$16,632
Mar 2004423,51034.365.53$20,854
Feb 2004413,69732.455.51$21,700
Jan 2004414,76532.036.30$31,331
Dec 2003354,74130.266.30$30,935
Nov 2003424,35928.804.60$21,240
Oct 20038497628.174.76$7,012
Sep 2003453,62626.314.75$18,405
Aug 2003444,36229.765.13$23,685
Jul 2003905,17229.415.17$29,390
Jun 2003466,41428.565.98$39,688
May 2003475,79126.595.97$35,838
Apr 20031069,25726.675.41$52,882
Mar 200319011,86431.146.10$78,240
Feb 200312914,40633.487.93$118,499
Jan 20036915,90830.315.58$90,890

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.

Mar 2013 — as filed, then multipliedworked
Condensate             2 bbl  × $ 93.62 =       $187
Gas                  268 Mcf  × $  3.91 =     $1,049

────────────────────────────────────────────────────
Month total                                   $1,236

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. 04/G/193498 is the state's own key, not one this site invented.