BRASK

Name: BRASK lease production and value, Jun 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 195443District 04Field 355665002 tax incentive programmesCondensateGasSave Export

Value, all time

$385 k

Jun 2003 – Oct 2014

Value, last 12 filed months

$10

at the published price for each month

Months reported

137

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	2003-09-17	152599
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	310 bbl	$15,871
Gas	Production	59,828 Mcf	$368,756
Total			$384,627

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 27.9567, -99.9073. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.95668, -99.90729 · 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

5,450 ft

1 wells filed one

Completion to plug

10.2 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 5,450 ft.

Completions filed

Jun 2003

1 of 1 wells

Plug dates filed

Aug 2013

1 of 1 wells

Last completion to plug: a median of 10.2 years across the 1 well that filed both dates, with the middle half between 10.2 years and 10.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-47938347	6	5,450 ft	Jun 2003	Aug 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 (137)

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

137 months


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	2	90.40	4.86	$10
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	2	93.62	3.91	$8
Feb 2013	0	43	91.23	3.42	$147
Jan 2013	0	14	91.60	3.42	$48
Dec 2012	0	3	86.77	3.42	$10
Nov 2012	0	11	86.95	3.62	$40
Oct 2012	0	2	89.38	3.40	$7
Sep 2012	0	29	94.67	2.92	$85
Aug 2012	0	34	92.66	2.91	$99
Jul 2012	0	41	85.13	3.02	$124
Jun 2012	0	22	79.82	2.52	$55
May 2012	0	12	91.61	2.49	$30
Apr 2012	0	16	101.65	2.00	$32
Mar 2012	0	29	105.05	2.22	$64
Feb 2012	0	29	101.10	2.57	$75
Jan 2012	0	30	98.09	2.73	$82
Dec 2011	0	23	96.87	3.24	$75
Nov 2011	0	0	95.72	3.31	$0
Oct 2011	0	0	84.98	3.65	$0
Sep 2011	0	8	83.62	3.99	$32
Aug 2011	0	63	83.40	4.15	$261
Jul 2011	0	53	94.14	4.52	$239
Jun 2011	0	68	92.90	4.64	$316
May 2011	0	88	98.13	4.40	$388
Apr 2011	0	82	105.96	4.33	$355
Mar 2011	0	70	96.36	4.06	$284
Feb 2011	1	55	85.64	4.18	$316
Jan 2011	1	195	86.50	4.59	$981
Dec 2010	1	154	85.73	4.35	$755
Nov 2010	1	193	80.84	3.80	$813
Oct 2010	1	198	78.10	3.51	$773
Sep 2010	1	161	72.63	3.98	$713
Aug 2010	1	152	73.68	4.42	$745
Jul 2010	0	116	72.55	4.74	$549
Jun 2010	0	85	70.36	4.91	$417
May 2010	0	55	71.12	4.24	$233
Apr 2010	0	70	81.69	4.12	$289
Mar 2010	0	98	78.39	4.39	$430
Feb 2010	0	111	73.58	5.44	$604
Jan 2010	0	97	74.36	5.96	$579
Dec 2009	0	112	71.44	5.48	$614
Nov 2009	2	84	74.59	3.75	$464
Oct 2009	0	67	72.54	4.11	$275
Sep 2009	0	106	65.54	3.06	$325
Aug 2009	0	109	67.42	3.22	$351
Jul 2009	0	91	61.13	3.46	$315
Jun 2009	0	99	66.16	3.90	$386
May 2009	0	94	54.74	3.93	$369
Apr 2009	0	57	46.77	3.59	$204
Mar 2009	0	59	42.14	4.06	$239
Feb 2009	0	89	32.81	4.63	$412
Jan 2009	1	56	35.86	5.37	$337
Dec 2008	0	9	37.10	5.98	$54
Nov 2008	0	96	55.49	6.86	$659
Oct 2008	0	137	75.24	6.92	$948
Sep 2008	6	66	101.76	7.88	$1,130
Aug 2008	0	49	114.22	8.48	$416
Jul 2008	0	66	131.08	11.39	$752
Jun 2008	0	46	131.33	13.03	$600
May 2008	0	15	123.17	11.57	$174
Apr 2008	0	0	110.31	10.45	$0
Mar 2008	0	3	101.90	9.66	$29
Feb 2008	0	0	92.53	8.77	$0
Jan 2008	1	50	90.38	8.21	$501
Dec 2007	1	133	88.33	7.30	$1,059
Nov 2007	0	678	91.67	7.29	$4,944
Oct 2007	0	824	82.85	6.92	$5,704
Sep 2007	0	184	75.84	6.24	$1,149
Aug 2007	14	304	69.06	6.39	$2,909
Jul 2007	13	227	70.90	6.39	$2,372
Jun 2007	15	247	62.00	7.55	$2,794
May 2007	17	266	58.74	7.85	$3,086
Apr 2007	19	265	59.61	7.81	$3,201
Mar 2007	23	508	56.92	7.30	$5,019
Feb 2007	17	400	55.10	8.22	$4,223
Jan 2007	19	544	50.30	6.73	$4,615
Dec 2006	22	489	56.65	6.92	$4,629
Nov 2006	14	487	54.20	7.62	$4,469
Oct 2006	1	478	54.90	6.01	$2,930
Sep 2006	1	563	60.08	5.04	$2,896
Aug 2006	2	573	68.71	7.34	$4,343
Jul 2006	2	531	69.37	6.34	$3,507
Jun 2006	2	491	66.28	6.38	$3,267
May 2006	0	481	66.01	6.42	$3,090
Apr 2006	0	533	64.39	7.36	$3,923
Mar 2006	0	685	56.70	7.08	$4,852
Feb 2006	0	383	57.59	7.75	$2,969
Jan 2006	0	321	60.59	8.93	$2,868
Dec 2005	0	269	54.94	13.42	$3,609
Nov 2005	0	404	54.69	10.59	$4,278
Oct 2005	0	481	58.34	13.80	$6,636
Sep 2005	0	573	61.45	12.08	$6,921
Aug 2005	0	406	61.51	9.80	$3,978
Jul 2005	0	484	55.69	7.84	$3,796
Jun 2005	0	842	52.33	7.38	$6,215
May 2005	0	871	45.22	6.65	$5,793
Apr 2005	0	811	49.20	7.36	$5,969
Mar 2005	0	643	50.37	7.15	$4,601
Feb 2005	0	300	45.22	6.31	$1,894
Jan 2005	0	674	43.16	6.32	$4,261
Dec 2004	0	587	39.86	6.75	$3,963
Nov 2004	3	708	45.28	6.33	$4,618
Oct 2004	0	738	49.70	6.52	$4,808
Sep 2004	0	934	43.24	5.28	$4,935
Aug 2004	0	1,102	42.37	5.55	$6,117
Jul 2004	0	762	38.28	6.08	$4,636
Jun 2004	0	1,453	36.10	6.43	$9,347
May 2004	26	1,357	37.48	6.49	$9,788
Apr 2004	0	2,220	34.47	5.86	$13,006
Mar 2004	0	3,800	34.36	5.53	$21,015
Feb 2004	34	20	32.45	5.51	$1,213
Jan 2004	0	406	32.03	6.30	$2,558
Dec 2003	33	1,552	30.26	6.30	$10,779
Nov 2003	0	1,347	28.80	4.60	$6,190
Oct 2003	0	1,888	28.17	4.76	$8,986
Sep 2003	0	2,036	26.31	4.75	$9,670
Aug 2003	0	2,550	29.76	5.13	$13,081
Jul 2003	15	4,060	29.41	5.17	$21,435
Jun 2003	0	10,881	28.56	5.98	$65,101

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.

Jan 2014 — as filed, then multipliedworked

Condensate             0 bbl  × $ 90.40 =         $0
Gas                    2 Mcf  × $  4.86 =        $10

────────────────────────────────────────────────────
Month total                                      $10

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/195443 is the state's own key, not one this site invented.