BRISCOE "J"

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 194391District 04Field 355665002 tax incentive programmesCondensateGasSaveExport
Value, all time
$695 k
Mar 2003 – Jun 2013
Value, last 12 filed months
$1 k
at the published price for each month
Months reported
124
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 Gas112003-07-09151786
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
CondensateDisposition378 bbl$14,260
GasProduction110,743 Mcf$681,131
Total$695,391

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 27.9903, -99.9250. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.99035, -99.92502 · 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
5,250 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 5,250 ft.

Completions filed
Mar 2003
1 of 1 wells
Plug dates filed
Dec 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

42-47938297105,250 ftMar 2003Dec 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 (124)

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

124 months

Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 201206686.953.62$239
Oct 201207189.383.40$241
Sep 201207094.672.92$204
Aug 201208592.662.91$247
Jul 201209185.133.02$275
Jun 201208979.822.52$224
May 2012010591.612.49$261
Apr 2012091101.652.00$182
Mar 2012091105.052.22$202
Feb 20120107101.102.57$275
Jan 201204198.092.73$112
Dec 201112496.873.24$175
Nov 201109595.723.31$315
Oct 20110084.983.65$0
Sep 2011010883.623.99$430
Aug 2011117183.404.15$793
Jul 2011121294.144.52$1,052
Jun 2011120892.904.64$1,058
May 2011121598.134.40$1,045
Apr 20110199105.964.33$862
Mar 201103496.364.06$138
Feb 201102685.644.18$109
Jan 201102886.504.59$128
Dec 201002885.734.35$122
Nov 201002980.843.80$110
Oct 201003078.103.51$105
Sep 201003572.633.98$139
Aug 201004073.684.42$177
Jul 201007172.554.74$336
Jun 201006470.364.91$314
May 201006071.124.24$254
Apr 201006281.694.12$256
Mar 201016678.394.39$368
Feb 201005373.585.44$288
Jan 201006574.365.96$388
Dec 200909871.445.48$537
Nov 2009010074.593.75$375
Oct 2009211072.544.11$597
Sep 200909865.543.06$300
Aug 200909567.423.22$306
Jul 2009011361.133.46$391
Jun 200908966.163.90$347
May 2009012354.743.93$483
Apr 2009011346.773.59$405
Mar 2009011142.144.06$451
Feb 200908732.814.63$403
Jan 200919535.865.37$546
Dec 2008015937.105.98$950
Nov 2008028455.496.86$1,948
Oct 2008021375.246.92$1,474
Sep 20081183101.767.88$1,543
Aug 20080264114.228.48$2,240
Jul 20080259131.0811.39$2,950
Jun 20080271131.3313.03$3,532
May 20081258123.1711.57$3,109
Apr 20080318110.3110.45$3,325
Mar 20080431101.909.66$4,165
Feb 2008133592.538.77$3,031
Jan 2008035690.388.21$2,921
Dec 2007136688.337.30$2,761
Nov 2007141091.677.29$3,081
Oct 2007044082.856.92$3,046
Sep 2007042875.846.24$2,673
Aug 2007333769.066.39$2,360
Jul 2007344070.906.39$3,023
Jun 2007342962.007.55$3,424
May 2007355658.747.85$4,539
Apr 2007435059.617.81$2,970
Mar 2007455756.927.30$4,295
Feb 2007350155.108.22$4,282
Jan 2007148550.306.73$3,313
Dec 2006271256.656.92$5,039
Nov 2006180854.207.62$6,209
Oct 2006049054.906.01$2,947
Sep 2006043660.085.04$2,196
Aug 2006068068.717.34$4,991
Jul 2006073469.376.34$4,656
Jun 2006057866.286.38$3,690
May 2006072566.016.42$4,658
Apr 2006056464.397.36$4,151
Mar 2006067556.707.08$4,781
Feb 2006066557.597.75$5,154
Jan 2006071860.598.93$6,414
Dec 2005061654.9413.42$8,264
Nov 2005066554.6910.59$7,041
Oct 2005060258.3413.80$8,305
Sep 2005061361.4512.08$7,404
Aug 2005078061.519.80$7,642
Jul 2005073955.697.84$5,796
Jun 2005084652.337.38$6,244
May 2005090445.226.65$6,013
Apr 20051095449.207.36$7,514
Mar 200531,02350.377.15$7,471
Feb 200511,26745.226.31$8,042
Jan 200501,43643.166.32$9,079
Dec 200481,46039.866.75$10,175
Nov 2004271,95845.286.33$13,618
Oct 2004242,43949.706.52$17,083
Sep 2004151,95243.245.28$10,963
Aug 200472,61242.375.55$14,795
Jul 200422,73038.286.08$16,686
Jun 200402,28336.106.43$14,687
May 200402,83637.486.49$18,419
Apr 200423,07834.475.86$18,101
Mar 2004123,04234.365.53$17,235
Feb 200463,24832.455.51$18,090
Jan 200463,43132.036.30$21,806
Dec 2003184,05430.266.30$26,092
Nov 2003183,81228.804.60$18,035
Oct 2003253,99228.174.76$19,705
Sep 2003354,31726.314.75$21,424
Aug 2003304,57729.765.13$24,372
Jul 2003134,81929.415.17$25,301
Jun 2003134,92628.565.98$29,843
May 2003135,50726.595.97$33,237
Apr 2003256,71726.675.41$36,987
Mar 2003246,03131.146.10$37,513

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             0 bbl  × $ 86.95 =         $0
Gas                   66 Mcf  × $  3.62 =       $239

────────────────────────────────────────────────────
Month total                                     $239

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/194391 is the state's own key, not one this site invented.