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 194063District 04Field 355665002 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.4 M
Jan 2003 – Dec 2012
Value, last 12 filed months
$944
at the published price for each month
Months reported
120
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 Gas112003-05-15151476
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
CondensateDisposition6,409 bbl$264,934
GasProduction180,098 Mcf$1,125,392
Total$1,390,326

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 28.0308, -99.9426. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.03078, -99.94258 · 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
9.8 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
Nov 2012
1 of 1 wells

Last completion to plug: a median of 9.8 years across the 1 well that filed both dates, with the middle half between 9.8 years and 9.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4793825425,050 ftJan 2003Nov 2012Yes

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 (120)

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

120 months

Dec 20120086.773.42$0
Nov 201213086.953.62$196
Oct 201207189.383.40$241
Sep 201207094.672.92$204
Aug 201206492.662.91$186
Jul 201202985.133.02$88
Jun 20120279.822.52$5
May 20120291.612.49$5
Apr 201202101.652.00$4
Mar 201202105.052.22$4
Feb 201202101.102.57$5
Jan 20120298.092.73$5
Dec 20110296.873.24$6
Nov 20110295.723.31$7
Oct 20110084.983.65$0
Sep 20110183.623.99$4
Aug 20110283.404.15$8
Jul 20110294.144.52$9
Jun 20110292.904.64$9
May 20110298.134.40$9
Apr 201102105.964.33$9
Mar 20110296.364.06$8
Feb 20110185.644.18$4
Jan 20110286.504.59$9
Dec 20100185.734.35$4
Nov 20100180.843.80$4
Oct 20100278.103.51$7
Sep 20100272.633.98$8
Aug 20100273.684.42$9
Jul 20100172.554.74$5
Jun 20100270.364.91$10
May 20100271.124.24$8
Apr 20100281.694.12$8
Mar 20100178.394.39$4
Feb 20100473.585.44$22
Jan 20100274.365.96$12
Dec 20090371.445.48$16
Nov 20090274.593.75$8
Oct 2009018672.544.11$765
Sep 200903565.543.06$107
Aug 2009014167.423.22$454
Jul 200906261.133.46$215
Jun 20090066.163.90$0
May 200907254.743.93$283
Apr 200903646.773.59$129
Mar 2009016942.144.06$686
Feb 2009019432.814.63$899
Jan 20092124835.865.37$2,085
Dec 2008020037.105.98$1,195
Nov 2008131155.496.86$2,189
Oct 2008014075.246.92$969
Sep 20081185101.767.88$1,559
Aug 20080114114.228.48$967
Jul 20080387131.0811.39$4,408
Jun 20080855131.3313.03$11,143
May 200801,125123.1711.57$13,021
Apr 20080974110.3110.45$10,183
Mar 200841,134101.909.66$11,367
Feb 200801,63392.538.77$14,322
Jan 2008059790.388.21$4,899
Dec 2007040688.337.30$2,965
Nov 2007046791.677.29$3,405
Oct 2007053082.856.92$3,669
Sep 2007054575.846.24$3,403
Aug 2007642069.066.39$3,097
Jul 2007635670.906.39$2,700
Jun 2007037162.007.55$2,800
May 2007047458.747.85$3,719
Apr 2007034659.617.81$2,701
Mar 2007046356.927.30$3,381
Feb 2007046055.108.22$3,779
Jan 2007057050.306.73$3,834
Dec 2006062456.656.92$4,317
Nov 2006061254.207.62$4,662
Oct 2006059954.906.01$3,602
Sep 2006053060.085.04$2,670
Aug 2006049068.717.34$3,597
Jul 2006067169.376.34$4,256
Jun 2006042766.286.38$2,726
May 2006064766.016.42$4,157
Apr 2006056364.397.36$4,144
Mar 2006065956.707.08$4,668
Feb 2006060757.597.75$4,705
Jan 2006066860.598.93$5,967
Dec 2005075054.9413.42$10,062
Nov 2005078754.6910.59$8,333
Oct 2005070358.3413.80$9,698
Sep 2005075061.4512.08$9,059
Aug 2005079561.519.80$7,788
Jul 2005086155.697.84$6,753
Jun 2005087652.337.38$6,466
May 200501,22645.226.65$8,154
Apr 200501,12349.207.36$8,266
Mar 200501,03350.377.15$7,391
Feb 20051451,08945.226.31$13,431
Jan 20059411,27343.166.32$48,662
Dec 20041,0521,35539.866.75$51,080
Nov 20046951,86945.286.33$43,301
Oct 20049282,18749.706.52$60,370
Sep 20045703,32143.245.28$42,195
Aug 20044962,27842.375.55$33,660
Jul 200410038.286.08$383
Jun 2004188136.106.43$6,793
May 20043001,19837.486.49$19,025
Apr 20041242,94434.475.86$21,522
Mar 2004374,33234.365.53$25,228
Feb 2004364,67132.455.51$26,904
Jan 2004365,60532.036.30$36,463
Dec 2003306,47830.266.30$41,730
Nov 2003376,68928.804.60$31,803
Oct 2003737,23728.174.76$36,502
Sep 2003396,96126.314.75$34,086
Aug 2003397,98629.765.13$42,127
Jul 2003799,26529.415.17$50,231
Jun 2003409,27728.565.98$56,646
May 2003419,47926.595.97$57,705
Apr 20039313,07426.675.41$73,175
Mar 200316716,08531.146.10$103,255
Feb 200311215,14233.487.93$123,763
Jan 2003619,77230.315.58$56,397

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.

Nov 2012 — as filed, then multipliedworked
Condensate             1 bbl  × $ 86.95 =        $87
Gas                   30 Mcf  × $  3.62 =       $109

────────────────────────────────────────────────────
Month total                                     $196

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/194063 is the state's own key, not one this site invented.