BRISCOE "K" STATE

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 202709District 04Field 355665002 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.9 M
May 2004 – Feb 2015
Value, last 12 filed months
$63
at the published price for each month
Months reported
130
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 Gas112005-03-22159538
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
CondensateDisposition1,585 bbl$78,651
GasProduction558,349 Mcf$3,774,414
Total$3,853,065

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 28.0263, -99.9104. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.02628, -99.91041 · 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
5,150 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 5,150 ft.

Completions filed
May 2004
1 of 1 wells
Plug dates filed
Feb 2015
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

42-4793869995,150 ftMay 2004Feb 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 (130)

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

130 months

Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140278.303.90$8
Sep 20140586.164.05$20
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140295.944.81$10
Mar 20140595.895.06$25
Feb 20140797.406.19$43
Jan 201404590.404.86$219
Dec 201305291.824.35$226
Nov 201306988.853.74$258
Oct 20130497.423.78$15
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20131091.233.42$91
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20128086.953.62$696
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20123091.612.49$275
Apr 20122860101.652.00$1,921
Mar 20124937105.052.22$2,502
Feb 201231,008101.102.57$2,894
Jan 201231,04098.092.73$3,138
Dec 2011496296.873.24$3,504
Nov 2011188895.723.31$3,036
Oct 20110084.983.65$0
Sep 2011210883.623.99$598
Aug 201131,11183.404.15$4,860
Jul 2011290694.144.52$4,281
Jun 2011472192.904.64$3,717
May 2011374998.134.40$3,594
Apr 20114913105.964.33$4,380
Mar 2011860396.364.06$3,217
Feb 2011571785.644.18$3,425
Jan 2011487686.504.59$4,366
Dec 2010676785.734.35$3,849
Nov 2010367980.843.80$2,820
Oct 2010476178.103.51$2,983
Sep 2010488372.633.98$3,804
Aug 201051,09673.684.42$5,212
Jul 2010471972.554.74$3,696
Jun 2010499270.364.91$5,153
May 201041,00971.124.24$4,558
Apr 201041,01481.694.12$4,507
Mar 201051,32978.394.39$6,224
Feb 201071,27473.585.44$7,449
Jan 201051,29974.365.96$8,119
Dec 200951,33471.445.48$7,673
Nov 200971,03674.593.75$4,409
Oct 200971,48572.544.11$6,612
Sep 200961,75565.543.06$5,772
Aug 200961,74367.423.22$6,014
Jul 200951,66261.133.46$6,064
Jun 200991,58266.163.90$6,757
May 2009131,81754.743.93$7,845
Apr 200951,78546.773.59$6,638
Mar 200982,00642.144.06$8,479
Feb 2009111,77632.814.63$8,589
Jan 200901,83735.865.37$9,867
Dec 200851,96237.105.98$11,913
Nov 200842,67455.496.86$18,567
Oct 200872,89075.246.92$20,531
Sep 200802,234101.767.88$17,597
Aug 200851,985114.228.48$17,410
Jul 200852,705131.0811.39$31,464
Jun 200821,672131.3313.03$22,053
May 200852,107123.1711.57$25,003
Apr 200842,423110.3110.45$25,773
Mar 200822,687101.909.66$26,171
Feb 200832,65292.538.77$23,537
Jan 200812,98090.388.21$24,543
Dec 200742,80588.337.30$20,835
Nov 200732,87691.677.29$21,246
Oct 200702,69682.856.92$18,662
Sep 200702,73275.846.24$17,059
Aug 200702,59669.066.39$16,583
Jul 200703,10770.906.39$19,847
Jun 200703,02762.007.55$22,849
May 200703,20458.747.85$25,139
Apr 200702,79659.617.81$21,823
Mar 200702,83356.927.30$20,686
Feb 200703,10555.108.22$25,511
Jan 200703,78050.306.73$25,427
Dec 200604,13856.656.92$28,629
Nov 200603,82154.207.62$29,106
Oct 200604,67454.906.01$28,109
Sep 200604,88760.085.04$24,617
Aug 200605,13868.717.34$37,713
Jul 200605,55169.376.34$35,209
Jun 200605,47866.286.38$34,971
May 200605,65266.016.42$36,314
Apr 200605,85964.397.36$43,125
Mar 200606,59656.707.08$46,719
Feb 200605,89157.597.75$45,662
Jan 200606,65660.598.93$59,460
Dec 200506,01154.9413.42$80,640
Nov 200536,28054.6910.59$66,659
Oct 2005157,55658.3413.80$105,116
Sep 200507,75261.4512.08$93,636
Aug 2005948,15061.519.80$85,626
Jul 200509,30455.697.84$72,977
Jun 20051169,61252.337.38$77,017
May 2005211,43345.226.65$76,133
Apr 200514212,64349.207.36$100,045
Mar 2005313,91850.377.15$99,733
Feb 200517416,06245.226.31$109,250
Jan 2005319,15543.166.32$121,231
Dec 200411021,60839.866.75$150,262
Nov 20041325,60045.286.33$162,647
Oct 2004833,45149.706.52$218,334
Sep 200411438,23143.245.28$206,938
Aug 200413640,12042.375.55$228,455
Jul 200415340,55838.286.08$252,619
Jun 200420848,11736.106.43$317,046
May 2004409,68937.486.49$64,425

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                    2 Mcf  × $  3.90 =         $8

────────────────────────────────────────────────────
Month total                                       $8

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/202709 is the state's own key, not one this site invented.