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 205650District 04Field 355665002 tax incentive programmesCondensateGasSaveExport
Value, all time
$502 k
Oct 2004 – Oct 2014
Value, last 12 filed months
$70
at the published price for each month
Months reported
121
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 Gas112005-10-05161182
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
CondensateDisposition87 bbl$6,232
GasProduction67,643 Mcf$495,712
Total$501,944

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 28.0541, -99.9164. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.05407, -99.91641 · 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
9.4 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
Oct 2004
1 of 1 wells
Plug dates filed
Mar 2014
1 of 1 wells

Last completion to plug: a median of 9.4 years across the 1 well that filed both dates, with the middle half between 9.4 years and 9.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-479388561995,150 ftOct 2004Mar 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 (121)

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

121 months

Oct 20140078.303.90$0
Sep 20140086.164.05$0
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 20140597.406.19$31
Jan 20140390.404.86$15
Dec 20130391.824.35$13
Nov 20130388.853.74$11
Oct 20130397.423.78$11
Sep 201303104.113.72$11
Aug 20130137104.253.52$483
Jul 20131162102.523.72$705
Jun 2013016394.403.93$641
May 2013118994.834.15$879
Apr 2013017693.964.28$754
Mar 2013116893.623.91$751
Feb 2013115991.233.42$635
Jan 2013017591.603.42$598
Dec 2012016286.773.42$554
Nov 2012014986.953.62$540
Oct 2012118189.383.40$705
Sep 2012016694.672.92$484
Aug 2012019892.662.91$576
Jul 2012116885.133.02$593
Jun 2012011679.822.52$292
May 2012114891.612.49$460
Apr 20121167101.652.00$435
Mar 20121186105.052.22$518
Feb 20121215101.102.57$654
Jan 2012122698.092.73$716
Dec 2011121796.873.24$800
Nov 2011020095.723.31$662
Oct 20110084.983.65$0
Sep 201104583.623.99$179
Aug 2011119583.404.15$893
Jul 2011126694.144.52$1,296
Jun 2011129592.904.64$1,462
May 2011129598.134.40$1,398
Apr 20111343105.964.33$1,592
Mar 2011128596.364.06$1,253
Feb 20112385.644.18$184
Jan 20110386.504.59$14
Dec 20102485.734.35$189
Nov 20100380.843.80$11
Oct 20100478.103.51$14
Sep 20102472.633.98$161
Aug 20100473.684.42$18
Jul 20100372.554.74$14
Jun 20100470.364.91$20
May 20100471.124.24$17
Apr 2010238081.694.12$1,730
Mar 2010134478.394.39$1,588
Feb 201007973.585.44$430
Jan 2010139274.365.96$2,412
Dec 2009429571.445.48$1,903
Nov 2009117274.593.75$720
Oct 2009024372.544.11$999
Sep 2009041065.543.06$1,257
Aug 2009032567.423.22$1,046
Jul 2009229761.133.46$1,151
Jun 2009429266.163.90$1,402
May 2009136754.743.93$1,495
Apr 2009022246.773.59$796
Mar 2009131642.144.06$1,325
Feb 2009036632.814.63$1,696
Jan 2009127635.865.37$1,518
Dec 2008058637.105.98$3,503
Nov 2008165455.496.86$4,542
Oct 2008058075.246.92$4,015
Sep 20081398101.767.88$3,237
Aug 20080533114.228.48$4,521
Jul 20081564131.0811.39$6,555
Jun 20080474131.3313.03$6,177
May 20080577123.1711.57$6,678
Apr 20080471110.3110.45$4,924
Mar 20082499101.909.66$5,026
Feb 2008068092.538.77$5,964
Jan 200801,13690.388.21$9,322
Dec 2007082388.337.30$6,010
Nov 2007030391.677.29$2,209
Oct 2007055982.856.92$3,869
Sep 2007072675.846.24$4,533
Aug 2007346369.066.39$3,165
Jul 2007380470.906.39$5,349
Jun 2007376362.007.55$5,945
May 2007470458.747.85$5,759
Apr 2007454459.617.81$4,484
Mar 2007497156.927.30$7,318
Feb 200741,08655.108.22$9,143
Jan 200761,42750.306.73$9,901
Dec 200671,21556.656.92$8,802
Nov 200621,34754.207.62$10,369
Oct 200601,53654.906.01$9,237
Sep 200601,18960.085.04$5,989
Aug 200601,22468.717.34$8,984
Jul 200601,34769.376.34$8,544
Jun 200601,32666.286.38$8,465
May 200601,43666.016.42$9,226
Apr 200601,35364.397.36$9,959
Mar 200601,24156.707.08$8,790
Feb 200601,27557.597.75$9,883
Jan 200601,16060.598.93$10,363
Dec 200501,57554.9413.42$21,129
Nov 200501,85454.6910.59$19,631
Oct 200502,30858.3413.80$31,841
Sep 200501,55561.4512.08$18,783
Aug 200501,27361.519.80$12,471
Jul 200501,42055.697.84$11,138
Jun 200501,30952.337.38$9,662
May 200501,49645.226.65$9,950
Apr 200501,47749.207.36$10,871
Mar 200501,27950.377.15$9,151
Feb 200501,53345.226.31$9,676
Jan 200501,84143.166.32$11,639
Dec 200402,41839.866.75$16,324
Nov 200402,75145.286.33$17,415
Oct 200401,19649.706.52$7,792

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                    5 Mcf  × $  6.19 =        $31

────────────────────────────────────────────────────
Month total                                      $31

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/205650 is the state's own key, not one this site invented.