BRISCOE "ERC"

Name: BRISCOE "ERC" lease production and value, Nov 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 202931District 04Field 355665002 tax incentive programmesCondensateGasSave Export

Value, all time

$845 k

Nov 2003 – Jul 2014

Value, last 12 filed months

$14 k

at the published price for each month

Months reported

129

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	2007-01-12	171284
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	211 bbl	$13,569
Gas	Production	130,610 Mcf	$831,856
Total			$845,425

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 28.0000, -99.9291. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

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

5,170 ft

1 wells filed one

Completion to plug

10.7 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 5,170 ft.

Completions filed

Nov 2003

1 of 1 wells

Plug dates filed

Jul 2014

1 of 1 wells

Last completion to plug: a median of 10.7 years across the 1 well that filed both dates, with the middle half between 10.7 years and 10.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-47938250	6	5,170 ft	Nov 2003	Jul 2014	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 (129)

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

129 months


Jul 2014	0	0	96.56	4.18	$0
Jun 2014	0	0	98.16	4.74	$0
May 2014	0	1	94.73	4.73	$5
Apr 2014	0	70	95.94	4.81	$337
Mar 2014	0	198	95.89	5.06	$1,001
Feb 2014	0	287	97.40	6.19	$1,777
Jan 2014	0	461	90.40	4.86	$2,241
Dec 2013	0	421	91.82	4.35	$1,833
Nov 2013	0	440	88.85	3.74	$1,645
Oct 2013	0	377	97.42	3.78	$1,425
Sep 2013	0	430	104.11	3.72	$1,599
Aug 2013	0	497	104.25	3.52	$1,751
Jul 2013	4	478	102.52	3.72	$2,187
Jun 2013	0	527	94.40	3.93	$2,073
May 2013	2	597	94.83	4.15	$2,667
Apr 2013	0	629	93.96	4.28	$2,694
Mar 2013	3	563	93.62	3.91	$2,484
Feb 2013	2	478	91.23	3.42	$1,817
Jan 2013	0	435	91.60	3.42	$1,488
Dec 2012	0	496	86.77	3.42	$1,696
Nov 2012	0	463	86.95	3.62	$1,678
Oct 2012	2	457	89.38	3.40	$1,732
Sep 2012	0	502	94.67	2.92	$1,465
Aug 2012	1	568	92.66	2.91	$1,744
Jul 2012	2	470	85.13	3.02	$1,590
Jun 2012	1	371	79.82	2.52	$1,014
May 2012	2	402	91.61	2.49	$1,184
Apr 2012	1	527	101.65	2.00	$1,154
Mar 2012	2	497	105.05	2.22	$1,314
Feb 2012	2	525	101.10	2.57	$1,552
Jan 2012	2	569	98.09	2.73	$1,752
Dec 2011	3	694	96.87	3.24	$2,539
Nov 2011	1	707	95.72	3.31	$2,437
Oct 2011	0	0	84.98	3.65	$0
Sep 2011	1	52	83.62	3.99	$291
Aug 2011	3	690	83.40	4.15	$3,113
Jul 2011	2	765	94.14	4.52	$3,644
Jun 2011	4	758	92.90	4.64	$3,889
May 2011	3	781	98.13	4.40	$3,735
Apr 2011	3	785	105.96	4.33	$3,720
Mar 2011	3	543	96.36	4.06	$2,492
Feb 2011	3	410	85.64	4.18	$1,971
Jan 2011	2	493	86.50	4.59	$2,435
Dec 2010	5	472	85.73	4.35	$2,481
Nov 2010	2	454	80.84	3.80	$1,885
Oct 2010	2	392	78.10	3.51	$1,532
Sep 2010	2	514	72.63	3.98	$2,191
Aug 2010	2	356	73.68	4.42	$1,721
Jul 2010	2	365	72.55	4.74	$1,874
Jun 2010	2	522	70.36	4.91	$2,704
May 2010	1	487	71.12	4.24	$2,134
Apr 2010	3	539	81.69	4.12	$2,467
Mar 2010	2	470	78.39	4.39	$2,219
Feb 2010	2	393	73.58	5.44	$2,286
Jan 2010	2	497	74.36	5.96	$3,113
Dec 2009	2	527	71.44	5.48	$3,033
Nov 2009	3	489	74.59	3.75	$2,058
Oct 2009	1	692	72.54	4.11	$2,917
Sep 2009	3	382	65.54	3.06	$1,367
Aug 2009	2	383	67.42	3.22	$1,368
Jul 2009	0	381	61.13	3.46	$1,320
Jun 2009	3	405	66.16	3.90	$1,776
May 2009	3	395	54.74	3.93	$1,715
Apr 2009	3	482	46.77	3.59	$1,869
Mar 2009	3	428	42.14	4.06	$1,864
Feb 2009	0	471	32.81	4.63	$2,182
Jan 2009	1	610	35.86	5.37	$3,312
Dec 2008	1	508	37.10	5.98	$3,073
Nov 2008	1	575	55.49	6.86	$4,000
Oct 2008	1	680	75.24	6.92	$4,782
Sep 2008	3	501	101.76	7.88	$4,252
Aug 2008	1	680	114.22	8.48	$5,883
Jul 2008	0	719	131.08	11.39	$8,189
Jun 2008	0	713	131.33	13.03	$9,292
May 2008	0	719	123.17	11.57	$8,322
Apr 2008	1	744	110.31	10.45	$7,889
Mar 2008	1	826	101.90	9.66	$8,084
Feb 2008	1	824	92.53	8.77	$7,319
Jan 2008	1	807	90.38	8.21	$6,712
Dec 2007	2	892	88.33	7.30	$6,690
Nov 2007	2	865	91.67	7.29	$6,491
Oct 2007	0	783	82.85	6.92	$5,420
Sep 2007	0	851	75.84	6.24	$5,314
Aug 2007	1	801	69.06	6.39	$5,186
Jul 2007	1	875	70.90	6.39	$5,660
Jun 2007	1	887	62.00	7.55	$6,757
May 2007	1	894	58.74	7.85	$7,073
Apr 2007	1	881	59.61	7.81	$6,936
Mar 2007	3	977	56.92	7.30	$7,305
Feb 2007	3	853	55.10	8.22	$7,174
Jan 2007	7	981	50.30	6.73	$6,951
Dec 2006	5	860	56.65	6.92	$6,233
Nov 2006	7	1,061	54.20	7.62	$8,462
Oct 2006	0	1,209	54.90	6.01	$7,271
Sep 2006	0	1,229	60.08	5.04	$6,191
Aug 2006	0	1,264	68.71	7.34	$9,278
Jul 2006	0	900	69.37	6.34	$5,708
Jun 2006	0	1,346	66.28	6.38	$8,593
May 2006	0	1,244	66.01	6.42	$7,993
Apr 2006	0	1,342	64.39	7.36	$9,878
Mar 2006	0	1,416	56.70	7.08	$10,029
Feb 2006	0	1,344	57.59	7.75	$10,418
Jan 2006	0	1,602	60.59	8.93	$14,311
Dec 2005	0	1,565	54.94	13.42	$20,995
Nov 2005	0	1,457	54.69	10.59	$15,427
Oct 2005	0	1,595	58.34	13.80	$22,004
Sep 2005	0	1,841	61.45	12.08	$22,237
Aug 2005	0	1,383	61.51	9.80	$13,549
Jul 2005	0	1,771	55.69	7.84	$13,891
Jun 2005	0	1,676	52.33	7.38	$12,371
May 2005	0	1,815	45.22	6.65	$12,072
Apr 2005	0	1,485	49.20	7.36	$10,930
Mar 2005	0	2,292	50.37	7.15	$16,399
Feb 2005	0	1,923	45.22	6.31	$12,138
Jan 2005	0	2,463	43.16	6.32	$15,572
Dec 2004	0	2,366	39.86	6.75	$15,973
Nov 2004	0	2,116	45.28	6.33	$13,395
Oct 2004	0	2,305	49.70	6.52	$15,017
Sep 2004	0	2,457	43.24	5.28	$12,983
Aug 2004	0	2,640	42.37	5.55	$14,654
Jul 2004	0	2,779	38.28	6.08	$16,908
Jun 2004	0	2,936	36.10	6.43	$18,887
May 2004	0	3,172	37.48	6.49	$20,601
Apr 2004	8	3,667	34.47	5.86	$21,759
Mar 2004	5	3,571	34.36	5.53	$19,920
Feb 2004	11	3,886	32.45	5.51	$21,767
Jan 2004	11	4,746	32.03	6.30	$30,250
Dec 2003	21	4,735	30.26	6.30	$30,474
Nov 2003	5	3,795	28.80	4.60	$17,583

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.

May 2014 — as filed, then multipliedworked

Condensate             0 bbl  × $ 94.73 =         $0
Gas                    1 Mcf  × $  4.73 =         $5

────────────────────────────────────────────────────
Month total                                       $5

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/202931 is the state's own key, not one this site invented.