BRISCOE "K" STATE - A

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 206450District 04Field 355665002 tax incentive programmesCondensateGasSaveExport
Value, all time
$376 k
Nov 2004 – Feb 2015
Value, last 12 filed months
$100
at the published price for each month
Months reported
124
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 Gas222005-10-052 dockets
NGPA2none

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
CondensateDisposition70 bbl$5,606
GasProduction54,894 Mcf$370,018
Total$375,624

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 28.0123, -99.8981. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.01231, -99.89809 · 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
5,400 ft
1 wells filed one
Completion to plug
10.3 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 5,400 ft.

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

Last completion to plug: a median of 10.3 years across the 1 well that filed both dates, with the middle half between 10.3 years and 10.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-47938863105,400 ftNov 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 (124)

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

124 months

Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140278.303.90$8
Sep 20140386.164.05$12
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140395.944.81$14
Mar 201401395.895.06$66
Feb 201402397.406.19$142
Jan 201406790.404.86$326
Dec 201307991.824.35$344
Nov 201309988.853.74$370
Oct 2013010897.423.78$408
Sep 20130113104.113.72$420
Aug 20130197104.253.52$694
Jul 20131212102.523.72$891
Jun 2013014294.403.93$559
May 2013217594.834.15$916
Apr 2013018193.964.28$775
Mar 2013010593.623.91$411
Feb 201308491.233.42$287
Jan 201304391.603.42$147
Dec 201201186.773.42$38
Nov 201231486.953.62$312
Oct 201201689.383.40$54
Sep 201201994.672.92$55
Aug 201201992.662.91$55
Jul 201204285.133.02$127
Jun 2012010679.822.52$267
May 201218391.612.49$298
Apr 2012094101.652.00$188
Mar 2012190105.052.22$305
Feb 20121103101.102.57$366
Jan 2012012998.092.73$353
Dec 2011113496.873.24$531
Nov 2011015595.723.31$513
Oct 20110084.983.65$0
Sep 201101983.623.99$76
Aug 2011119183.404.15$876
Jul 2011120594.144.52$1,020
Jun 2011242792.904.64$2,167
May 2011136398.134.40$1,697
Apr 20111151105.964.33$760
Mar 2011227596.364.06$1,308
Feb 2011231585.644.18$1,488
Jan 2011237886.504.59$1,908
Dec 2010332885.734.35$1,683
Nov 2010229680.843.80$1,285
Oct 2010345678.103.51$1,834
Sep 201031,01672.633.98$4,261
Aug 2010125673.684.42$1,205
Jul 2010117072.554.74$878
Jun 2010115970.364.91$851
May 2010013271.124.24$559
Apr 2010011681.694.12$478
Mar 2010017178.394.39$750
Feb 2010010973.585.44$593
Jan 2010013574.365.96$805
Dec 2009127171.445.48$1,558
Nov 2009222074.593.75$975
Oct 2009116372.544.11$743
Sep 2009119365.543.06$657
Aug 2009121567.423.22$759
Jul 2009021061.133.46$728
Jun 2009121966.163.90$919
May 2009221354.743.93$946
Apr 2009121746.773.59$825
Mar 200909242.144.06$373
Feb 2009119632.814.63$941
Jan 2009321935.865.37$1,284
Dec 2008022837.105.98$1,363
Nov 2008226155.496.86$1,902
Oct 2008140375.246.92$2,865
Sep 20081164101.767.88$1,394
Aug 20082101114.228.48$1,085
Jul 20081208131.0811.39$2,500
Jun 2008013131.3313.03$169
May 2008132123.1711.57$494
Apr 2008130110.3110.45$424
Mar 2008052101.909.66$503
Feb 200812292.538.77$285
Jan 200805890.388.21$476
Dec 200714588.337.30$417
Nov 200724291.677.29$490
Oct 200707282.856.92$498
Sep 2007036775.846.24$2,292
Aug 2007132469.066.39$2,139
Jul 2007153770.906.39$3,501
Jun 2007152962.007.55$4,055
May 2007146958.747.85$3,739
Apr 2007164859.617.81$5,117
Mar 2007181856.927.30$6,030
Feb 2007176155.108.22$6,307
Jan 2007081150.306.73$5,455
Dec 2006078956.656.92$5,459
Nov 2006068654.207.62$5,226
Oct 2006081054.906.01$4,871
Sep 2006083660.085.04$4,211
Aug 200601,25468.717.34$9,204
Jul 200601,15469.376.34$7,320
Jun 2006085766.286.38$5,471
May 200601,11666.016.42$7,170
Apr 2006093664.397.36$6,889
Mar 2006093656.707.08$6,630
Feb 2006060057.597.75$4,651
Jan 2006094460.598.93$8,433
Dec 200501,18454.9413.42$15,884
Nov 2005077454.6910.59$8,195
Oct 2005078558.3413.80$10,830
Sep 2005068861.4512.08$8,310
Aug 200501,07261.519.80$10,502
Jul 2005086855.697.84$6,808
Jun 200501,13352.337.38$8,363
May 200501,48745.226.65$9,890
Apr 200501,62749.207.36$11,976
Mar 200502,45450.377.15$17,558
Feb 200503,12045.226.31$19,693
Jan 200502,52043.166.32$15,932
Dec 200403,18839.866.75$21,522
Nov 200405,32145.286.33$33,684

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                    2 Mcf  × $  3.90 =         $8

────────────────────────────────────────────────────
Month total                                       $8

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/206450 is the state's own key, not one this site invented.