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 202926District 04Field 355665002 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.1 M
Jan 2004 – Jan 2015
Value, last 12 filed months
$8
at the published price for each month
Months reported
133
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 Gas112008-03-11171278
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
CondensateDisposition276 bbl$18,845
GasProduction170,064 Mcf$1,117,839
Total$1,136,685

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 28.0274, -99.9059. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.02742, -99.90591 · 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
11.0 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
Jan 2004
1 of 1 wells
Plug dates filed
Jan 2015
1 of 1 wells

Last completion to plug: a median of 11.0 years across the 1 well that filed both dates, with the middle half between 11.0 years and 11.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4793816915,250 ftJan 2004Jan 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 (133)

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

133 months

Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140178.303.90$4
Sep 20140186.164.05$4
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 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
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 2013220593.623.91$989
Feb 2013239291.233.42$1,523
Jan 2013039491.603.42$1,347
Dec 2012033086.773.42$1,129
Nov 2012929886.953.62$1,863
Oct 2012131789.383.40$1,167
Sep 2012035694.672.92$1,039
Aug 2012143892.662.91$1,366
Jul 2012238985.133.02$1,345
Jun 2012137179.822.52$1,014
May 2012234191.612.49$1,032
Apr 20121394101.652.00$888
Mar 20122379105.052.22$1,052
Feb 20122409101.102.57$1,253
Jan 2012142598.092.73$1,260
Dec 2011245796.873.24$1,674
Nov 2011155395.723.31$1,927
Oct 20110084.983.65$0
Sep 201116783.623.99$351
Aug 2011370383.404.15$3,167
Jul 2011267994.144.52$3,255
Jun 2011374792.904.64$3,745
May 2011255598.134.40$2,641
Apr 20115565105.964.33$2,978
Mar 2011899696.364.06$4,812
Feb 2011111,30485.644.18$6,393
Jan 201181,62286.504.59$8,135
Dec 2010131,46885.734.35$7,497
Nov 201051,36280.843.80$5,573
Oct 201041,23078.103.51$4,628
Sep 2010117772.633.98$777
Aug 2010227373.684.42$1,354
Jul 2010345672.554.74$2,377
Jun 2010376570.364.91$3,968
May 2010457571.124.24$2,720
Apr 2010384881.694.12$3,741
Mar 2010588678.394.39$4,280
Feb 2010477173.585.44$4,490
Jan 201031,05774.365.96$6,527
Dec 200951,26171.445.48$7,272
Nov 200981,00174.593.75$4,352
Oct 2009595072.544.11$4,267
Sep 2009483265.543.06$2,812
Aug 2009283267.423.22$2,813
Jul 2009380461.133.46$2,969
Jun 2009584566.163.90$3,622
May 2009588854.743.93$3,760
Apr 2009384546.773.59$3,172
Mar 2009390242.144.06$3,788
Feb 2009094632.814.63$4,383
Jan 2009595435.865.37$5,303
Dec 200821,03437.105.98$6,255
Nov 200841,36455.496.86$9,579
Oct 200821,27175.246.92$8,948
Sep 200801,037101.767.88$8,169
Aug 200821,235114.228.48$10,705
Jul 200801,476131.0811.39$16,811
Jun 200811,145131.3313.03$15,054
May 200801,040123.1711.57$12,037
Apr 200811,074110.3110.45$11,339
Mar 200811,164101.909.66$11,351
Feb 200821,22492.538.77$10,920
Jan 200811,10990.388.21$9,191
Dec 200721,13488.337.30$8,457
Nov 200731,21591.677.29$9,134
Oct 200701,22182.856.92$8,452
Sep 200701,41375.846.24$8,823
Aug 200731,47369.066.39$9,617
Jul 200731,17770.906.39$7,731
Jun 200731,28462.007.55$9,878
May 200731,24958.747.85$9,976
Apr 2007483059.617.81$6,717
Mar 2007495756.927.30$7,216
Feb 2007379555.108.22$6,697
Jan 200741,04750.306.73$7,244
Dec 200601,14156.656.92$7,894
Nov 200601,41854.207.62$10,802
Oct 200601,61854.906.01$9,730
Sep 200601,68860.085.04$8,503
Aug 200601,61168.717.34$11,825
Jul 200601,79669.376.34$11,392
Jun 200601,47766.286.38$9,429
May 200601,53966.016.42$9,888
Apr 200601,77164.397.36$13,035
Mar 200602,14656.707.08$15,200
Feb 200601,78057.597.75$13,797
Jan 200602,23160.598.93$19,930
Dec 200502,47054.9413.42$33,136
Nov 200502,33054.6910.59$24,671
Oct 200502,47558.3413.80$34,145
Sep 200501,89361.4512.08$22,866
Aug 200502,40061.519.80$23,512
Jul 200502,14955.697.84$16,856
Jun 200501,86652.337.38$13,773
May 200502,17245.226.65$14,446
Apr 200502,50649.207.36$18,445
Mar 200502,71050.377.15$19,390
Feb 200502,32945.226.31$14,700
Jan 200502,87143.166.32$18,151
Dec 200402,73739.866.75$18,478
Nov 200402,76045.286.33$17,472
Oct 200403,41049.706.52$22,216
Sep 200404,18643.245.28$22,118
Aug 200403,73742.375.55$20,743
Jul 200405,11638.286.08$31,127
Jun 200403,32936.106.43$21,416
May 200485,35637.486.49$35,085
Apr 200404,89134.475.86$28,654
Mar 2004506,07734.365.53$35,325
Feb 200407,30532.455.51$40,248
Jan 2004010,18932.036.30$64,187

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                    1 Mcf  × $  3.90 =         $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/202926 is the state's own key, not one this site invented.