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 201180District 04Field 355665002 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.1 M
Mar 2004 – Oct 2014
Value, last 12 filed months
$80
at the published price for each month
Months reported
128
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 Gas112006-10-02170179
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
CondensateDisposition1,260 bbl$79,484
GasProduction297,125 Mcf$2,052,518
Total$2,132,002

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 28.0641, -99.9159. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.06405, -99.91595 · 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
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 5,250 ft.

Completions filed
Mar 2004
1 of 1 wells
Plug dates filed
Apr 2014
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

42-479386311765,250 ftMar 2004Apr 2014Yes

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 (128)

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

128 months

Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140295.895.06$10
Feb 20140597.406.19$31
Jan 20140390.404.86$15
Dec 20130391.824.35$13
Nov 20130388.853.74$11
Oct 20130397.423.78$11
Sep 201303104.113.72$11
Aug 2013066104.253.52$232
Jul 20132105102.523.72$595
Jun 2013010994.403.93$429
May 2013212694.834.15$712
Apr 2013011793.964.28$501
Mar 2013111293.623.91$532
Feb 201319791.233.42$423
Jan 201307791.603.42$263
Dec 201207286.773.42$246
Nov 201206886.953.62$247
Oct 201209189.383.40$309
Sep 201209894.672.92$286
Aug 201209592.662.91$276
Jul 2012110085.133.02$387
Jun 2012128479.822.52$795
May 2012136991.612.49$1,010
Apr 20121416101.652.00$932
Mar 20122465105.052.22$1,243
Feb 20122534101.102.57$1,575
Jan 2012147598.092.73$1,397
Dec 2011245696.873.24$1,671
Nov 2011041995.723.31$1,387
Oct 20110084.983.65$0
Sep 201119683.623.99$466
Aug 2011240983.404.15$1,864
Jul 2011255994.144.52$2,713
Jun 2011361992.904.64$3,151
May 2011262098.134.40$2,927
Apr 20112577105.964.33$2,712
Mar 2011247296.364.06$2,108
Feb 20110385.644.18$13
Jan 20110386.504.59$14
Dec 20100485.734.35$17
Nov 20100380.843.80$11
Oct 20100478.103.51$14
Sep 20100472.633.98$16
Aug 20101473.684.42$91
Jul 20100372.554.74$14
Jun 20100470.364.91$20
May 20100471.124.24$17
Apr 2010116881.694.12$774
Mar 201011,05078.394.39$4,686
Feb 201021,09873.585.44$6,123
Jan 2010298574.365.96$6,023
Dec 20092483571.445.48$6,293
Nov 200912474.593.75$165
Oct 2009294172.544.11$4,013
Sep 200901,74065.543.06$5,333
Aug 200901,74267.423.22$5,607
Jul 2009101,77561.133.46$6,761
Jun 200992,11366.163.90$8,826
May 200942,03454.743.93$8,204
Apr 200901,63046.773.59$5,848
Mar 200942,14142.144.06$8,859
Feb 200901,89332.814.63$8,770
Jan 200902,25335.865.37$12,101
Dec 200801,93637.105.98$11,572
Nov 200833,04055.496.86$21,022
Oct 200803,48475.246.92$24,116
Sep 200852,803101.767.88$22,588
Aug 200822,715114.228.48$23,260
Jul 200834,103131.0811.39$47,124
Jun 200802,428131.3313.03$31,643
May 2008110,198123.1711.57$118,158
Apr 20080176110.3110.45$1,840
Mar 20083807101.909.66$8,105
Feb 20084624792.538.77$6,423
Jan 200802,64690.388.21$21,712
Dec 2007453,63588.337.30$30,518
Nov 2007463,49391.677.29$29,687
Oct 200703,09882.856.92$21,444
Sep 2007462,87475.846.24$21,434
Aug 200751,78769.066.39$11,761
Jul 2007912,50670.906.39$22,460
Jun 200751,89562.007.55$14,614
May 200761,94658.747.85$15,621
Apr 200761,89459.617.81$15,141
Mar 2007722,01756.927.30$18,826
Feb 200762,19555.108.22$18,365
Jan 20071242,28350.306.73$21,595
Dec 2006152,19456.656.92$16,029
Nov 2006792,26654.207.62$21,543
Oct 2006282,18854.906.01$14,695
Sep 200602,55260.085.04$12,855
Aug 200602,66968.717.34$19,590
Jul 200603,09869.376.34$19,650
Jun 200662,66366.286.38$17,398
May 2006863,08366.016.42$25,485
Apr 200673,43164.397.36$25,705
Mar 20061153,42156.707.08$30,751
Feb 20061284,11757.597.75$39,283
Jan 2006954,96760.598.93$50,128
Dec 200532,74454.9413.42$36,977
Nov 200502,27954.6910.59$24,131
Oct 200502,54258.3413.80$35,069
Sep 200503,78861.4512.08$45,755
Aug 200503,95061.519.80$38,698
Jul 200504,20055.697.84$32,943
Jun 200564,29952.337.38$32,045
May 200575,25145.226.65$35,242
Apr 200505,29249.207.36$38,952
Mar 200505,67050.377.15$40,568
Feb 200505,39545.226.31$34,053
Jan 200506,84943.166.32$43,301
Dec 200407,64039.866.75$51,578
Nov 200407,69345.286.33$48,700
Oct 200408,63549.706.52$56,258
Sep 2004010,05943.245.28$53,151
Aug 2004011,80342.375.55$65,514
Jul 2004013,24038.286.08$80,555
Jun 2004013,96636.106.43$89,844
May 2004021,04137.486.49$136,652
Apr 20042522634.475.86$2,186
Mar 20045319,12534.365.53$107,585

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 2014 — as filed, then multipliedworked
Condensate             0 bbl  × $ 95.89 =         $0
Gas                    2 Mcf  × $  5.06 =        $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/201180 is the state's own key, not one this site invented.