BRISCOE "K" STATE A

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 197225District 04Field 355665002 tax incentive programmesCondensateGasSaveExport
Value, all time
$648 k
Sep 2003 – Jan 2015
Value, last 12 filed months
$62
at the published price for each month
Months reported
137
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 Gas112003-12-22154050
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
CondensateDisposition574 bbl$36,803
GasProduction94,315 Mcf$610,804
Total$647,607

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 28.0168, -99.8927. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.01681, -99.89269 · 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
5,600 ft
1 wells filed one
Completion to plug
11.3 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 5,600 ft.

Completions filed
Sep 2003
1 of 1 wells
Plug dates filed
Jan 2015
1 of 1 wells

Last completion to plug: a median of 11.3 years across the 1 well that filed both dates, with the middle half between 11.3 years and 11.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4793849145,600 ftSep 2003Jan 2015Yes

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

Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140378.303.90$12
Sep 20140786.164.05$28
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140195.944.81$5
Mar 20140195.895.06$5
Feb 20140297.406.19$12
Jan 20140290.404.86$10
Dec 20130291.824.35$9
Nov 20130288.853.74$7
Oct 20130297.423.78$8
Sep 201302104.113.72$7
Aug 201304104.253.52$14
Jul 201305102.523.72$19
Jun 20130594.403.93$20
May 20130794.834.15$29
Apr 20130793.964.28$30
Mar 20130493.623.91$16
Feb 20130491.233.42$14
Jan 20130491.603.42$14
Dec 20120386.773.42$10
Nov 20123586.953.62$279
Oct 20120689.383.40$20
Sep 20120794.672.92$20
Aug 20120792.662.91$20
Jul 2012110885.133.02$411
Jun 2012015979.822.52$401
May 2012114691.612.49$455
Apr 20121169101.652.00$439
Mar 20121162105.052.22$465
Feb 20121188101.102.57$584
Jan 2012124098.092.73$754
Dec 2011125096.873.24$907
Nov 2011028795.723.31$950
Oct 20110084.983.65$0
Sep 201113583.623.99$223
Aug 2011136183.404.15$1,581
Jul 2011133994.144.52$1,625
Jun 2011237392.904.64$1,916
May 2011237898.134.40$1,861
Apr 20114469105.964.33$2,456
Mar 2011583096.364.06$3,849
Feb 2011669485.644.18$3,415
Jan 2011485786.504.59$4,279
Dec 2010676285.734.35$3,827
Nov 2010367280.843.80$2,793
Oct 2010376178.103.51$2,905
Sep 2010489772.633.98$3,860
Aug 201031,06673.684.42$4,932
Jul 2010345072.554.74$2,349
Jun 2010280770.364.91$4,103
May 2010228271.124.24$1,337
Apr 2010128381.694.12$1,248
Mar 2010137278.394.39$1,711
Feb 2010238473.585.44$2,237
Jan 2010244674.365.96$2,809
Dec 2009142671.445.48$2,408
Nov 2009330474.593.75$1,364
Oct 2009143872.544.11$1,873
Sep 2009215765.543.06$612
Aug 2009220967.423.22$808
Jul 2009031761.133.46$1,098
Jun 2009130766.163.90$1,262
May 2009133854.743.93$1,382
Apr 2009145446.773.59$1,676
Mar 2009133742.144.06$1,410
Feb 2009031732.814.63$1,469
Jan 2009237235.865.37$2,070
Dec 2008048637.105.98$2,905
Nov 2008456855.496.86$4,119
Oct 2008161275.246.92$4,311
Sep 20080565101.767.88$4,451
Aug 20081567114.228.48$4,924
Jul 20081720131.0811.39$8,331
Jun 20081634131.3313.03$8,394
May 20082612123.1711.57$7,330
Apr 20081640110.3110.45$6,801
Mar 20081751101.909.66$7,360
Feb 2008150892.538.77$4,548
Jan 2008059490.388.21$4,874
Dec 20071561388.337.30$5,801
Nov 2007268091.677.29$5,142
Oct 2007076782.856.92$5,309
Sep 2007056575.846.24$3,528
Aug 2007267969.066.39$4,476
Jul 2007258070.906.39$3,847
Jun 2007259962.007.55$4,646
May 2007269758.747.85$5,586
Apr 2007379659.617.81$6,392
Mar 2007388056.927.30$6,596
Feb 2007278655.108.22$6,568
Jan 2007093850.306.73$6,310
Dec 200601,28356.656.92$8,876
Nov 200601,03854.207.62$7,907
Oct 2006095754.906.01$5,755
Sep 200601,04560.085.04$5,264
Aug 200601,10768.717.34$8,125
Jul 200601,18669.376.34$7,523
Jun 200601,03466.286.38$6,601
May 2006082666.016.42$5,307
Apr 20061781,15464.397.36$19,955
Mar 2006097456.707.08$6,899
Feb 200616792857.597.75$16,811
Jan 200601,02160.598.93$9,121
Dec 2005751,54054.9413.42$24,780
Nov 200511,21254.6910.59$12,888
Oct 200531,24058.3413.80$17,282
Sep 200501,06061.4512.08$12,804
Aug 2005765661.519.80$6,857
Jul 2005196355.697.84$7,609
Jun 200501,01052.337.38$7,455
May 200501,45645.226.65$9,684
Apr 200501,27649.207.36$9,392
Mar 200501,13850.377.15$8,142
Feb 2005088045.226.31$5,554
Jan 200501,22343.166.32$7,732
Dec 200401,89139.866.75$12,766
Nov 200401,46545.286.33$9,274
Oct 200401,99249.706.52$12,978
Sep 200402,47543.245.28$13,078
Aug 200401,47242.375.55$8,171
Jul 200402,35038.286.08$14,298
Jun 2004088236.106.43$5,674
May 200411,70037.486.49$11,078
Apr 200401,72134.475.86$10,082
Mar 2004121,90234.365.53$10,931
Feb 200401,80232.455.51$9,928
Jan 200402,13232.036.30$13,431
Dec 200302,59730.266.30$16,365
Nov 200302,57428.804.60$11,828
Oct 200303,53728.174.76$16,835
Sep 200304,48426.314.75$21,296

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.

Oct 2014 — as filed, then multipliedworked
Condensate             0 bbl  × $ 78.30 =         $0
Gas                    3 Mcf  × $  3.90 =        $12

────────────────────────────────────────────────────
Month total                                      $12

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/197225 is the state's own key, not one this site invented.