BRISCOE "L" 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 204095District 04Field 355665002 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.9 M
Aug 2004 – Feb 2015
Value, last 12 filed months
$828
at the published price for each month
Months reported
127
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 Gas112005-01-24160123
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
CondensateDisposition369 bbl$27,442
GasProduction258,313 Mcf$1,898,537
Total$1,925,979

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 28.0082, -99.9073. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.00816, -99.90725 · 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
5,300 ft
1 wells filed one
Completion to plug
10.5 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 5,300 ft.

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

Last completion to plug: a median of 10.5 years across the 1 well that filed both dates, with the middle half between 10.5 years and 10.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-47938757115,300 ftAug 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 (127)

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

127 months

Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 201402278.303.90$86
Sep 201404286.164.05$170
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 201401995.944.81$91
Mar 201409595.895.06$480
Feb 2014017697.406.19$1,090
Jan 2014053890.404.86$2,615
Dec 2013063091.824.35$2,743
Nov 2013081188.853.74$3,032
Oct 2013086297.423.78$3,258
Sep 20130906104.113.72$3,368
Aug 20130872104.253.52$3,072
Jul 20133866102.523.72$3,527
Jun 2013080394.403.93$3,159
May 2013499494.834.15$4,504
Apr 201301,02593.964.28$4,390
Mar 2013359593.623.91$2,609
Feb 2013347691.233.42$1,902
Jan 2013051891.603.42$1,772
Dec 2012048486.773.42$1,655
Nov 2012843886.953.62$2,283
Oct 2012248289.383.40$1,817
Sep 2012054694.672.92$1,593
Aug 2012155392.662.91$1,701
Jul 2012359485.133.02$2,050
Jun 2012144179.822.52$1,191
May 2012240791.612.49$1,196
Apr 20121470101.652.00$1,040
Mar 20122451105.052.22$1,212
Feb 20122482101.102.57$1,441
Jan 2012251798.092.73$1,610
Dec 2011353896.873.24$2,034
Nov 2011161995.723.31$2,145
Oct 20110084.983.65$0
Sep 201117683.623.99$387
Aug 2011272483.404.15$3,171
Jul 2011260694.144.52$2,926
Jun 2011366792.904.64$3,374
May 2011260498.134.40$2,857
Apr 20114783105.964.33$3,817
Mar 2011985896.364.06$4,348
Feb 2011660785.644.18$3,051
Jan 2011475086.504.59$3,788
Dec 2010766785.734.35$3,500
Nov 2010358580.843.80$2,463
Oct 2010466178.103.51$2,632
Sep 2010482872.633.98$3,586
Aug 201071,22473.684.42$5,925
Jul 20101092472.554.74$5,102
Jun 2010490270.364.91$4,711
May 201051,07771.124.24$4,917
Apr 201041,01481.694.12$4,507
Mar 2010151,29478.394.39$6,855
Feb 2010111,07973.585.44$6,682
Jan 201031,24274.365.96$7,630
Dec 200971,44271.445.48$8,408
Nov 2009101,18174.593.75$5,176
Oct 200961,18072.544.11$5,285
Sep 200941,36765.543.06$4,452
Aug 200961,33267.423.22$4,692
Jul 200941,35261.133.46$4,929
Jun 200951,42466.163.90$5,877
May 200981,48454.743.93$6,264
Apr 200951,32546.773.59$4,987
Mar 200971,41142.144.06$6,022
Feb 200901,32832.814.63$6,153
Jan 2009101,51635.865.37$8,501
Dec 200841,44237.105.98$8,767
Nov 200851,67755.496.86$11,782
Oct 200851,88675.246.92$13,431
Sep 200842,528101.767.88$20,320
Aug 200842,544114.228.48$22,038
Jul 200842,322131.0811.39$26,971
Jun 200822,297131.3313.03$30,199
May 200852,576123.1711.57$30,431
Apr 200842,118110.3110.45$22,585
Mar 200842,616101.909.66$25,689
Feb 200852,46692.538.77$22,091
Jan 200823,05090.388.21$25,208
Dec 200752,99188.337.30$22,282
Nov 200763,10691.677.29$23,198
Oct 200702,62882.856.92$18,191
Sep 200702,72875.846.24$17,034
Aug 200732,92469.066.39$18,886
Jul 200732,89470.906.39$18,699
Jun 200733,08162.007.55$23,443
May 200733,50158.747.85$27,646
Apr 200743,08759.617.81$24,333
Mar 200743,34056.927.30$24,616
Feb 200733,14455.108.22$25,996
Jan 200703,73950.306.73$25,152
Dec 200614,21456.656.92$29,211
Nov 200603,91954.207.62$29,853
Oct 200604,44654.906.01$26,737
Sep 200604,72160.085.04$23,781
Aug 200605,12068.717.34$37,580
Jul 200605,20569.376.34$33,014
Jun 200605,71566.286.38$36,484
May 200606,16166.016.42$39,584
Apr 200606,68464.397.36$49,197
Mar 200607,55756.707.08$53,526
Feb 200606,10057.597.75$47,282
Jan 200607,14860.598.93$63,855
Dec 200507,91354.9413.42$106,156
Nov 200519,10954.6910.59$96,504
Oct 2005312,80958.3413.80$176,885
Sep 200502,41661.4512.08$29,183
Aug 2005182,38561.519.80$24,473
Jul 200502,57255.697.84$20,174
Jun 2005223,22952.337.38$24,985
May 200502,91845.226.65$19,408
Apr 2005182,53049.207.36$19,508
Mar 200513,50850.377.15$25,150
Feb 200503,51445.226.31$22,180
Jan 200504,22143.166.32$26,686
Dec 200403,79039.866.75$25,587
Nov 200403,33945.286.33$21,137
Oct 200404,28949.706.52$27,943
Sep 200405,45043.245.28$28,797
Aug 200401,86042.375.55$10,324

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                   22 Mcf  × $  3.90 =        $86

────────────────────────────────────────────────────
Month total                                      $86

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/204095 is the state's own key, not one this site invented.