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 205448District 04Field 355665002 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.2 M
Oct 2004 – Feb 2014
Value, last 12 filed months
$22 k
at the published price for each month
Months reported
113
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 Gas112005-05-24161027
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
CondensateDisposition309 bbl$25,220
GasProduction183,836 Mcf$1,219,962
Total$1,245,183

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 28.0140, -100.0007. 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
4,750 ft
1 wells filed one
Completion to plug
9.3 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 4,750 ft.

Completions filed
Oct 2004
1 of 1 wells
Plug dates filed
Feb 2014
1 of 1 wells

Last completion to plug: a median of 9.3 years across the 1 well that filed both dates, with the middle half between 9.3 years and 9.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-479388551574,750 ftOct 2004Feb 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 (113)

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

113 months

Feb 201403497.406.19$211
Jan 2014051390.404.86$2,494
Dec 2013052391.824.35$2,277
Nov 2013047388.853.74$1,768
Oct 2013048897.423.78$1,844
Sep 20130497104.113.72$1,848
Aug 20130490104.253.52$1,726
Jul 20132432102.523.72$1,811
Jun 2013040594.403.93$1,593
May 2013249994.834.15$2,260
Apr 2013251093.964.28$2,372
Mar 2013246193.623.91$1,991
Feb 2013838191.233.42$2,033
Jan 2013341191.603.42$1,680
Dec 2012437186.773.42$1,616
Nov 2012033786.953.62$1,222
Oct 2012237689.383.40$1,457
Sep 2012056794.672.92$1,655
Aug 2012287492.662.91$2,727
Jul 2012592685.133.02$3,223
Jun 2012388479.822.52$2,466
May 2012495691.612.49$2,745
Apr 201231,055101.652.00$2,412
Mar 201241,178105.052.22$3,038
Feb 201241,015101.102.57$3,013
Jan 201231,00798.092.73$3,047
Dec 201161,17196.873.24$4,375
Nov 201111,34995.723.31$4,563
Oct 20110084.983.65$0
Sep 2011211583.623.99$626
Aug 201181,61183.404.15$7,352
Jul 201141,49194.144.52$7,112
Jun 201171,44392.904.64$7,346
May 201151,42398.134.40$6,759
Apr 201181,358105.964.33$6,732
Mar 2011111,58396.364.06$7,483
Feb 2011101,04185.644.18$5,208
Jan 2011469986.504.59$3,554
Dec 20101174785.734.35$4,191
Nov 2010480180.843.80$3,363
Oct 2010491578.103.51$3,523
Sep 2010792372.633.98$4,181
Aug 201051,01173.684.42$4,836
Jul 2010597272.554.74$4,967
Jun 201051,20070.364.91$6,244
May 201041,12771.124.24$5,058
Apr 201061,15081.694.12$5,231
Mar 201041,14178.394.39$5,321
Feb 2010598073.585.44$5,701
Jan 201031,05074.365.96$6,485
Dec 200931,02571.445.48$5,835
Nov 2009488474.593.75$3,615
Oct 2009071372.544.11$2,931
Sep 200921,08165.543.06$3,444
Aug 200961,35667.423.22$4,769
Jul 200931,40661.133.46$5,054
Jun 200951,39366.163.90$5,757
May 2009785654.743.93$3,744
Apr 200941,07746.773.59$4,051
Mar 200961,11042.144.06$4,758
Feb 20091492932.814.63$4,763
Jan 2009097335.865.37$5,226
Dec 200821,53237.105.98$9,231
Nov 2008112,97355.496.86$21,006
Oct 200841,22875.246.92$8,801
Sep 200801,347101.767.88$10,610
Aug 20083921114.228.48$8,156
Jul 200831,407131.0811.39$16,418
Jun 200821,143131.3313.03$15,159
May 200851,105123.1711.57$13,405
Apr 200821,215110.3110.45$12,923
Mar 200861,534101.909.66$15,436
Feb 200881,32692.538.77$12,370
Jan 200861,72990.388.21$14,730
Dec 200712,86288.337.30$20,987
Nov 200782,37491.677.29$18,044
Oct 200702,28282.856.92$15,796
Sep 2007122,50775.846.24$16,564
Aug 200702,66469.066.39$17,017
Jul 200702,79470.906.39$17,848
Jun 200702,81462.007.55$21,241
May 200702,54058.747.85$19,930
Apr 200702,51559.617.81$19,630
Mar 200702,15956.927.30$15,765
Feb 200701,65255.108.22$13,573
Jan 200701,72350.306.73$11,590
Dec 200601,64256.656.92$11,360
Nov 200601,75054.207.62$13,331
Oct 200602,25254.906.01$13,543
Sep 200602,22760.085.04$11,218
Aug 200602,58468.717.34$18,966
Jul 200602,33469.376.34$14,804
Jun 200602,15466.286.38$13,751
May 200602,31366.016.42$14,861
Apr 200602,60464.397.36$19,167
Mar 200602,53756.707.08$17,969
Feb 200602,24857.597.75$17,425
Jan 200602,54260.598.93$22,709
Dec 200502,71554.9413.42$36,423
Nov 200502,74354.6910.59$29,044
Oct 200503,27058.3413.80$45,112
Sep 200502,97361.4512.08$35,911
Aug 200503,17961.519.80$31,144
Jul 200503,31955.697.84$26,033
Jun 200503,43352.337.38$25,339
May 200503,82845.226.65$25,461
Apr 200503,76749.207.36$27,727
Mar 200504,21850.377.15$30,179
Feb 200504,39645.226.31$27,747
Jan 200505,17043.166.32$32,686
Dec 200405,67239.866.75$38,292
Nov 200405,94945.286.33$37,660
Oct 200401,90449.706.52$12,405

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.

Feb 2014 — as filed, then multipliedworked
Condensate             0 bbl  × $ 97.40 =         $0
Gas                   34 Mcf  × $  6.19 =       $211

────────────────────────────────────────────────────
Month total                                     $211

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/205448 is the state's own key, not one this site invented.