BRASK

Name: BRASK lease production and value, Feb 2003 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

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 195304District 04Field 355665002 tax incentive programmesCondensateGasSave Export

Value, all time

$760 k

Feb 2003 – Dec 2014

Value, last 12 filed months

at the published price for each month

Months reported

143

no gaps in the span

Streams

condensate, gas

The GOLD RIVER, NORTH (OLMOS) field

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.

Programme	Filings	With an approval date	Dated	Docket
High Cost Gas	1	1	2003-07-25	152496
NGPA	1	none	—	—

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.

Stream	Basis	Volume	Value
Condensate	Disposition	396 bbl	$15,038
Gas	Production	120,051 Mcf	$745,055
Total			$760,093

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 27.9492, -99.9259. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.94925, -99.92590 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

10.8 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

Feb 2003

1 of 1 wells

Plug dates filed

Nov 2013

1 of 1 wells

Last completion to plug: a median of 10.8 years across the 1 well that filed both dates, with the middle half between 10.8 years and 10.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-47938299	3	5,250 ft	Feb 2003	Nov 2013	Yes

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 (143)

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

143 months


Dec 2014	0	0	54.69	3.59	$0
Nov 2014	0	0	70.46	4.25	$0
Oct 2014	0	0	78.30	3.90	$0
Sep 2014	0	0	86.16	4.05	$0
Aug 2014	0	0	89.39	4.04	$0
Jul 2014	0	0	96.56	4.18	$0
Jun 2014	0	0	98.16	4.74	$0
May 2014	0	0	94.73	4.73	$0
Apr 2014	0	0	95.94	4.81	$0
Mar 2014	0	0	95.89	5.06	$0
Feb 2014	0	0	97.40	6.19	$0
Jan 2014	0	0	90.40	4.86	$0
Dec 2013	0	0	91.82	4.35	$0
Nov 2013	0	0	88.85	3.74	$0
Oct 2013	0	0	97.42	3.78	$0
Sep 2013	0	0	104.11	3.72	$0
Aug 2013	0	0	104.25	3.52	$0
Jul 2013	0	0	102.52	3.72	$0
Jun 2013	0	0	94.40	3.93	$0
May 2013	0	0	94.83	4.15	$0
Apr 2013	0	0	93.96	4.28	$0
Mar 2013	0	1	93.62	3.91	$4
Feb 2013	0	33	91.23	3.42	$113
Jan 2013	0	21	91.60	3.42	$72
Dec 2012	0	4	86.77	3.42	$14
Nov 2012	0	16	86.95	3.62	$58
Oct 2012	0	3	89.38	3.40	$10
Sep 2012	0	44	94.67	2.92	$128
Aug 2012	0	48	92.66	2.91	$140
Jul 2012	0	41	85.13	3.02	$124
Jun 2012	0	22	79.82	2.52	$55
May 2012	0	15	91.61	2.49	$37
Apr 2012	0	21	101.65	2.00	$42
Mar 2012	0	40	105.05	2.22	$89
Feb 2012	0	39	101.10	2.57	$100
Jan 2012	0	41	98.09	2.73	$112
Dec 2011	0	27	96.87	3.24	$87
Nov 2011	0	0	95.72	3.31	$0
Oct 2011	0	0	84.98	3.65	$0
Sep 2011	0	9	83.62	3.99	$36
Aug 2011	0	73	83.40	4.15	$303
Jul 2011	0	61	94.14	4.52	$276
Jun 2011	0	78	92.90	4.64	$362
May 2011	0	101	98.13	4.40	$445
Apr 2011	0	206	105.96	4.33	$893
Mar 2011	0	470	96.36	4.06	$1,907
Feb 2011	0	512	85.64	4.18	$2,140
Jan 2011	0	733	86.50	4.59	$3,364
Dec 2010	0	566	85.73	4.35	$2,461
Nov 2010	0	708	80.84	3.80	$2,687
Oct 2010	0	728	78.10	3.51	$2,554
Sep 2010	0	590	72.63	3.98	$2,348
Aug 2010	0	569	73.68	4.42	$2,515
Jul 2010	0	464	72.55	4.74	$2,198
Jun 2010	0	612	70.36	4.91	$3,005
May 2010	0	860	71.12	4.24	$3,642
Apr 2010	0	859	81.69	4.12	$3,541
Mar 2010	0	439	78.39	4.39	$1,927
Feb 2010	0	337	73.58	5.44	$1,834
Jan 2010	0	328	74.36	5.96	$1,956
Dec 2009	0	658	71.44	5.48	$3,608
Nov 2009	0	859	74.59	3.75	$3,223
Oct 2009	0	803	72.54	4.11	$3,301
Sep 2009	0	1,117	65.54	3.06	$3,423
Aug 2009	0	854	67.42	3.22	$2,749
Jul 2009	0	780	61.13	3.46	$2,702
Jun 2009	0	805	66.16	3.90	$3,135
May 2009	0	373	54.74	3.93	$1,464
Apr 2009	0	473	46.77	3.59	$1,697
Mar 2009	0	810	42.14	4.06	$3,288
Feb 2009	0	1,006	32.81	4.63	$4,661
Jan 2009	1	1,045	35.86	5.37	$5,649
Dec 2008	0	274	37.10	5.98	$1,638
Nov 2008	0	565	55.49	6.86	$3,876
Oct 2008	0	966	75.24	6.92	$6,687
Sep 2008	5	168	101.76	7.88	$1,832
Aug 2008	1	189	114.22	8.48	$1,718
Jul 2008	0	194	131.08	11.39	$2,210
Jun 2008	1	109	131.33	13.03	$1,552
May 2008	0	28	123.17	11.57	$324
Apr 2008	0	85	110.31	10.45	$889
Mar 2008	4	66	101.90	9.66	$1,045
Feb 2008	0	85	92.53	8.77	$746
Jan 2008	0	39	90.38	8.21	$320
Dec 2007	0	68	88.33	7.30	$497
Nov 2007	0	120	91.67	7.29	$875
Oct 2007	0	103	82.85	6.92	$713
Sep 2007	0	101	75.84	6.24	$631
Aug 2007	0	84	69.06	6.39	$537
Jul 2007	0	81	70.90	6.39	$517
Jun 2007	0	152	62.00	7.55	$1,147
May 2007	0	17	58.74	7.85	$133
Apr 2007	0	43	59.61	7.81	$336
Mar 2007	7	101	56.92	7.30	$1,136
Feb 2007	0	117	55.10	8.22	$961
Jan 2007	1	177	50.30	6.73	$1,241
Dec 2006	1	180	56.65	6.92	$1,302
Nov 2006	1	497	54.20	7.62	$3,840
Oct 2006	0	561	54.90	6.01	$3,374
Sep 2006	0	599	60.08	5.04	$3,017
Aug 2006	0	377	68.71	7.34	$2,767
Jul 2006	0	729	69.37	6.34	$4,624
Jun 2006	0	544	66.28	6.38	$3,473
May 2006	0	1,521	66.01	6.42	$9,772
Apr 2006	0	1,428	64.39	7.36	$10,511
Mar 2006	0	1,093	56.70	7.08	$7,742
Feb 2006	0	1,135	57.59	7.75	$8,798
Jan 2006	0	1,161	60.59	8.93	$10,372
Dec 2005	0	1,165	54.94	13.42	$15,629
Nov 2005	0	1,141	54.69	10.59	$12,081
Oct 2005	0	1,364	58.34	13.80	$18,817
Sep 2005	0	1,397	61.45	12.08	$16,874
Aug 2005	0	1,243	61.51	9.80	$12,177
Jul 2005	0	1,322	55.69	7.84	$10,369
Jun 2005	0	1,569	52.33	7.38	$11,581
May 2005	1	1,744	45.22	6.65	$11,645
Apr 2005	0	1,889	49.20	7.36	$13,904
Mar 2005	11	1,727	50.37	7.15	$12,911
Feb 2005	0	939	45.22	6.31	$5,927
Jan 2005	0	1,768	43.16	6.32	$11,178
Dec 2004	0	1,564	39.86	6.75	$10,559
Nov 2004	80	1,866	45.28	6.33	$15,435
Oct 2004	0	1,668	49.70	6.52	$10,867
Sep 2004	0	1,809	43.24	5.28	$9,559
Aug 2004	0	1,472	42.37	5.55	$8,171
Jul 2004	0	1,871	38.28	6.08	$11,384
Jun 2004	2	2,099	36.10	6.43	$13,575
May 2004	62	2,138	37.48	6.49	$16,209
Apr 2004	1	2,155	34.47	5.86	$12,659
Mar 2004	0	3,285	34.36	5.53	$18,167
Feb 2004	39	2,254	32.45	5.51	$13,684
Jan 2004	0	3,002	32.03	6.30	$18,912
Dec 2003	43	2,336	30.26	6.30	$16,022
Nov 2003	0	2,403	28.80	4.60	$11,042
Oct 2003	0	2,697	28.17	4.76	$12,837
Sep 2003	0	2,699	26.31	4.75	$12,819
Aug 2003	0	2,565	29.76	5.13	$13,158
Jul 2003	77	3,203	29.41	5.17	$18,827
Jun 2003	0	2,816	28.56	5.98	$16,848
May 2003	0	4,057	26.59	5.97	$24,231
Apr 2003	2	4,518	26.67	5.41	$24,483
Mar 2003	56	12,305	31.14	6.10	$76,756
Feb 2003	0	4,942	33.48	7.93	$39,170

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             0 bbl  × $ 93.62 =         $0
Gas                    1 Mcf  × $  3.91 =         $4

────────────────────────────────────────────────────
Month total                                       $4

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/195304 is the state's own key, not one this site invented.