BRISCOE "E"

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 195136District 04Field 355665002 tax incentive programmesCondensateGasSaveExport
Value, all time
$480 k
Apr 2003 – May 2013
Value, last 12 filed months
$7 k
at the published price for each month
Months reported
122
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 Gas112003-07-25152505
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
CondensateDisposition1,419 bbl$72,143
GasProduction65,759 Mcf$407,370
Total$479,512

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 28.0369, -99.9390. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.03686, -99.93896 · 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
10.1 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
Apr 2003
1 of 1 wells
Plug dates filed
May 2013
1 of 1 wells

Last completion to plug: a median of 10.1 years across the 1 well that filed both dates, with the middle half between 10.1 years and 10.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-479383481395,050 ftApr 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 (122)

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

122 months

May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 2013121293.623.91$923
Feb 2013117791.233.42$697
Jan 2013022391.603.42$763
Dec 2012124486.773.42$921
Nov 2012020186.953.62$729
Oct 2012118989.383.40$732
Sep 2012017894.672.92$519
Aug 2012016492.662.91$477
Jul 2012116185.133.02$571
Jun 2012014379.822.52$360
May 2012116091.612.49$490
Apr 20120124101.652.00$248
Mar 20121190105.052.22$527
Feb 20121224101.102.57$677
Jan 2012121098.092.73$672
Dec 2011120496.873.24$758
Nov 2011011595.723.31$381
Oct 20110084.983.65$0
Sep 201101483.623.99$56
Aug 2011123683.404.15$1,063
Jul 2011121094.144.52$1,043
Jun 2011121392.904.64$1,081
May 2011121598.134.40$1,045
Apr 20111184105.964.33$903
Mar 2011120096.364.06$908
Feb 2011219785.644.18$995
Jan 2011228386.504.59$1,472
Dec 2010331885.734.35$1,640
Nov 2010236180.843.80$1,532
Oct 2010136378.103.51$1,352
Sep 2010133272.633.98$1,394
Aug 2010134773.684.42$1,607
Jul 2010126772.554.74$1,337
Jun 2010130470.364.91$1,563
May 2010129871.124.24$1,333
Apr 2010127581.694.12$1,215
Mar 2010021078.394.39$922
Feb 2010020573.585.44$1,116
Jan 2010134774.365.96$2,144
Dec 2009134171.445.48$1,941
Nov 2009025674.593.75$960
Oct 2009022472.544.11$921
Sep 2009037565.543.06$1,149
Aug 2009029567.423.22$949
Jul 2009032361.133.46$1,119
Jun 2009025766.163.90$1,001
May 2009036454.743.93$1,429
Apr 2009026546.773.59$951
Mar 2009026642.144.06$1,080
Feb 2009020532.814.63$950
Jan 2009237135.865.37$2,064
Dec 2008027337.105.98$1,632
Nov 2008335155.496.86$2,574
Oct 2008038775.246.92$2,679
Sep 20083156101.767.88$1,534
Aug 20080165114.228.48$1,400
Jul 20080260131.0811.39$2,961
Jun 20080355131.3313.03$4,627
May 20081306123.1711.57$3,665
Apr 20080281110.3110.45$2,938
Mar 20083356101.909.66$3,746
Feb 2008046092.538.77$4,034
Jan 2008039490.388.21$3,233
Dec 2007038188.337.30$2,782
Nov 2007035791.677.29$2,603
Oct 2007032982.856.92$2,277
Sep 2007055975.846.24$3,490
Aug 2007529969.066.39$2,255
Jul 2007432670.906.39$2,366
Jun 2007048262.007.55$3,638
May 2007027458.747.85$2,150
Apr 2007019559.617.81$1,522
Mar 2007031056.927.30$2,264
Feb 2007029155.108.22$2,391
Jan 20076950050.306.73$6,834
Dec 20068051656.656.92$8,102
Nov 20065050354.207.62$6,542
Oct 200601,23054.906.01$7,397
Sep 2006321,90860.085.04$11,534
Aug 200601,91068.717.34$14,019
Jul 2006701,39969.376.34$13,729
Jun 20062467866.286.38$5,919
May 20062179066.016.42$6,462
Apr 20062667364.397.36$6,628
Mar 200612747156.707.08$10,537
Feb 200614542957.597.75$11,676
Jan 200615842260.598.93$13,343
Dec 20056759554.9413.42$11,663
Nov 2005063654.6910.59$6,734
Oct 2005049758.3413.80$6,856
Sep 2005058861.4512.08$7,102
Aug 2005053961.519.80$5,281
Jul 2005053055.697.84$4,157
Jun 2005063952.337.38$4,716
May 2005098145.226.65$6,525
Apr 2005085849.207.36$6,315
Mar 2005676650.377.15$5,783
Feb 20052968945.226.31$5,660
Jan 2005589943.166.32$5,899
Dec 2004590439.866.75$6,302
Nov 2004496345.286.33$6,277
Oct 2004696749.706.52$6,598
Sep 2004491343.245.28$4,997
Aug 2004231,01442.375.55$6,603
Jul 2004641,13438.286.08$9,349
Jun 2004371,10336.106.43$8,431
May 200441,02037.486.49$6,774
Apr 2004992734.475.86$5,741
Mar 2004211,08834.365.53$6,738
Feb 20042088832.455.51$5,542
Jan 20042151932.036.30$3,942
Dec 2003171,20530.266.30$8,108
Nov 2003211,22728.804.60$6,243
Oct 2003421,30028.174.76$7,371
Sep 2003221,23926.314.75$6,463
Aug 2003221,21829.765.13$6,903
Jul 2003441,42929.415.17$8,683
Jun 2003222,11728.565.98$13,294
May 2003203,73126.595.97$22,816
Apr 2003271,62026.675.41$9,480

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             1 bbl  × $ 93.62 =        $94
Gas                  212 Mcf  × $  3.91 =       $830

────────────────────────────────────────────────────
Month total                                     $923

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/195136 is the state's own key, not one this site invented.