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 208755District 04Field 355665002 tax incentive programmesCondensateGasSaveExport
Value, all time
$555 k
Dec 2004 – Jun 2013
Value, last 12 filed months
$125
at the published price for each month
Months reported
103
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 Gas112005-09-19165065
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
CondensateDisposition64 bbl$4,976
GasProduction72,113 Mcf$549,526
Total$554,502

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 28.0193, -99.9599. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.01933, -99.95990 · 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
4,950 ft
1 wells filed one
Completion to plug
7.9 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 4,950 ft.

Completions filed
Dec 2004
1 of 1 wells
Plug dates filed
Nov 2012
1 of 1 wells

Last completion to plug: a median of 7.9 years across the 1 well that filed both dates, with the middle half between 7.9 years and 7.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-479388882154,950 ftDec 2004Nov 2012Yes

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 (103)

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

103 months

Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120286.953.62$7
Oct 20120289.383.40$7
Sep 20120294.672.92$6
Aug 20120292.662.91$6
Jul 201203385.133.02$100
Jun 201203579.822.52$88
May 201203391.612.49$82
Apr 2012028101.652.00$56
Mar 2012026105.052.22$58
Feb 2012021101.102.57$54
Jan 201201998.092.73$52
Dec 201101596.873.24$49
Nov 201102195.723.31$70
Oct 20110084.983.65$0
Sep 20110383.623.99$12
Aug 201102783.404.15$112
Jul 201102694.144.52$117
Jun 201103192.904.64$144
May 201103498.134.40$150
Apr 2011029105.964.33$126
Mar 201113196.364.06$222
Feb 201101785.644.18$71
Jan 201104686.504.59$211
Dec 201014185.734.35$264
Nov 201005080.843.80$190
Oct 201005778.103.51$200
Sep 201016272.633.98$319
Aug 201007573.684.42$331
Jul 201008972.554.74$422
Jun 2010111570.364.91$635
May 2010013171.124.24$555
Apr 2010017081.694.12$701
Mar 201011878.394.39$157
Feb 2010032673.585.44$1,774
Jan 2010212974.365.96$918
Dec 20090371.445.48$16
Nov 200909674.593.75$360
Oct 2009128872.544.11$1,256
Sep 2009242965.543.06$1,446
Aug 2009234667.423.22$1,248
Jul 2009036561.133.46$1,265
Jun 2009331266.163.90$1,414
May 2009478454.743.93$3,297
Apr 2009122146.773.59$840
Mar 2009036342.144.06$1,473
Feb 2009033932.814.63$1,571
Jan 2009040435.865.37$2,170
Dec 2008066437.105.98$3,969
Nov 200831,53055.496.86$10,663
Oct 2008160175.246.92$4,235
Sep 20083601101.767.88$5,039
Aug 20080387114.228.48$3,283
Jul 20081721131.0811.39$8,343
Jun 20081685131.3313.03$9,059
May 20083735123.1711.57$8,877
Apr 20081741110.3110.45$7,857
Mar 20082757101.909.66$7,520
Feb 2008384592.538.77$7,689
Jan 2008390490.388.21$7,689
Dec 2007288088.337.30$6,602
Nov 2007498591.677.29$7,549
Oct 2007094782.856.92$6,555
Sep 2007093475.846.24$5,832
Aug 2007284369.066.39$5,523
Jul 2007282170.906.39$5,386
Jun 2007274262.007.55$5,725
May 2007269958.747.85$5,602
Apr 2007382059.617.81$6,579
Mar 2007393356.927.30$6,984
Feb 200731,34755.108.22$11,232
Jan 200701,02350.306.73$6,882
Dec 2006096656.656.92$6,683
Nov 2006093754.207.62$7,138
Oct 200601,03454.906.01$6,218
Sep 2006088060.085.04$4,433
Aug 200601,03068.717.34$7,560
Jul 200601,04569.376.34$6,628
Jun 200601,23466.286.38$7,878
May 200601,46166.016.42$9,387
Apr 200601,39764.397.36$10,283
Mar 200601,58856.707.08$11,248
Feb 200601,99557.597.75$15,463
Jan 200601,58960.598.93$14,195
Dec 200501,52854.9413.42$20,499
Nov 200502,03154.6910.59$21,505
Oct 200501,63758.3413.80$22,584
Sep 200501,61361.4512.08$19,483
Aug 200501,75061.519.80$17,144
Jul 200502,50355.697.84$19,633
Jun 200502,53952.337.38$18,740
May 200502,84845.226.65$18,943
Apr 200503,20049.207.36$23,554
Mar 200503,45650.377.15$24,727
Feb 200502,96045.226.31$18,683
Jan 200503,49943.166.32$22,121
Dec 200401,55239.866.75$10,478

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.

Nov 2012 — as filed, then multipliedworked
Condensate             0 bbl  × $ 86.95 =         $0
Gas                    2 Mcf  × $  3.62 =         $7

────────────────────────────────────────────────────
Month total                                       $7

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/208755 is the state's own key, not one this site invented.