BRISCOE I STATE

Name: BRISCOE I STATE lease production and value, Mar 2005 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

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 209073District 04Field 355665002 tax incentive programmesCondensateGasSave Export

Value, all time

$880 k

Mar 2005 – Feb 2015

Value, last 12 filed months

$7 k

at the published price for each month

Months reported

120

no gaps in the span

Streams

condensate, gas

The GOLD RIVER, NORTH (OLMOS) field

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.

Programme	Filings	With an approval date	Dated	Docket
High Cost Gas	1	1	2005-10-05	164976
NGPA	1	none	—	—

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.

Stream	Basis	Volume	Value
Condensate	Disposition	398 bbl	$33,189
Gas	Production	135,062 Mcf	$846,756
Total			$879,945

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 27.9953, -99.9748. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.99527, -99.97480 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

4,770 ft

1 wells filed one

Completion to plug

9.5 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 4,770 ft.

Completions filed

Mar 2005

1 of 1 wells

Plug dates filed

Sep 2014

1 of 1 wells

Last completion to plug: a median of 9.5 years across the 1 well that filed both dates, with the middle half between 9.5 years and 9.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-47938982	7	4,770 ft	Mar 2005	Sep 2014	Yes

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 (120)

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

120 months


Feb 2015	0	0	44.66	2.98	$0
Jan 2015	0	0	43.43	3.10	$0
Dec 2014	0	0	54.69	3.59	$0
Nov 2014	0	0	70.46	4.25	$0
Oct 2014	0	0	78.30	3.90	$0
Sep 2014	13	0	86.16	4.05	$1,120
Aug 2014	0	165	89.39	4.04	$666
Jul 2014	0	149	96.56	4.18	$623
Jun 2014	0	206	98.16	4.74	$976
May 2014	0	229	94.73	4.73	$1,082
Apr 2014	0	165	95.94	4.81	$794
Mar 2014	10	203	95.89	5.06	$1,985
Feb 2014	3	275	97.40	6.19	$1,995
Jan 2014	29	424	90.40	4.86	$4,683
Dec 2013	0	385	91.82	4.35	$1,676
Nov 2013	21	380	88.85	3.74	$3,286
Oct 2013	13	391	97.42	3.78	$2,744
Sep 2013	0	391	104.11	3.72	$1,454
Aug 2013	0	383	104.25	3.52	$1,349
Jul 2013	3	386	102.52	3.72	$1,743
Jun 2013	0	505	94.40	3.93	$1,986
May 2013	2	534	94.83	4.15	$2,405
Apr 2013	2	520	93.96	4.28	$2,415
Mar 2013	4	569	93.62	3.91	$2,601
Feb 2013	4	582	91.23	3.42	$2,355
Jan 2013	4	805	91.60	3.42	$3,119
Dec 2012	1	856	86.77	3.42	$3,014
Nov 2012	0	776	86.95	3.62	$2,813
Oct 2012	3	949	89.38	3.40	$3,494
Sep 2012	0	981	94.67	2.92	$2,863
Aug 2012	2	989	92.66	2.91	$3,061
Jul 2012	5	986	85.13	3.02	$3,404
Jun 2012	3	938	79.82	2.52	$2,602
May 2012	4	1,061	91.61	2.49	$3,007
Apr 2012	2	909	101.65	2.00	$2,018
Mar 2012	4	994	105.05	2.22	$2,629
Feb 2012	3	1,060	101.10	2.57	$3,028
Jan 2012	3	1,021	98.09	2.73	$3,086
Dec 2011	6	1,067	96.87	3.24	$4,038
Nov 2011	1	1,452	95.72	3.31	$4,904
Oct 2011	0	0	84.98	3.65	$0
Sep 2011	1	104	83.62	3.99	$498
Aug 2011	6	1,078	83.40	4.15	$4,973
Jul 2011	3	1,040	94.14	4.52	$4,980
Jun 2011	6	1,063	92.90	4.64	$5,490
May 2011	4	1,173	98.13	4.40	$5,559
Apr 2011	7	1,190	105.96	4.33	$5,898
Mar 2011	12	1,626	96.36	4.06	$7,754
Feb 2011	8	1,075	85.64	4.18	$5,179
Jan 2011	5	1,200	86.50	4.59	$5,939
Dec 2010	31	1,083	85.73	4.35	$7,366
Nov 2010	6	1,285	80.84	3.80	$5,362
Oct 2010	6	1,275	78.10	3.51	$4,942
Sep 2010	9	1,276	72.63	3.98	$5,731
Aug 2010	6	1,357	73.68	4.42	$6,439
Jul 2010	6	1,278	72.55	4.74	$6,489
Jun 2010	6	1,344	70.36	4.91	$7,022
May 2010	7	1,445	71.12	4.24	$6,618
Apr 2010	8	1,873	81.69	4.12	$8,375
Mar 2010	6	2,088	78.39	4.39	$9,634
Feb 2010	8	1,803	73.58	5.44	$10,401
Jan 2010	10	2,100	74.36	5.96	$13,268
Dec 2009	10	2,000	71.44	5.48	$11,682
Nov 2009	10	1,230	74.59	3.75	$5,360
Oct 2009	5	1,026	72.54	4.11	$4,580
Sep 2009	4	906	65.54	3.06	$3,039
Aug 2009	3	827	67.42	3.22	$2,864
Jul 2009	0	973	61.13	3.46	$3,371
Jun 2009	3	835	66.16	3.90	$3,451
May 2009	4	862	54.74	3.93	$3,603
Apr 2009	3	889	46.77	3.59	$3,330
Mar 2009	3	1,014	42.14	4.06	$4,242
Feb 2009	2	778	32.81	4.63	$3,670
Jan 2009	12	853	35.86	5.37	$5,012
Dec 2008	2	588	37.10	5.98	$3,589
Nov 2008	3	823	55.49	6.86	$5,813
Oct 2008	2	1,191	75.24	6.92	$8,395
Sep 2008	4	979	101.76	7.88	$8,119
Aug 2008	2	1,267	114.22	8.48	$10,976
Jul 2008	0	1,208	131.08	11.39	$13,758
Jun 2008	1	1,108	131.33	13.03	$14,571
May 2008	0	1,168	123.17	11.57	$13,519
Apr 2008	2	1,161	110.31	10.45	$12,359
Mar 2008	6	1,164	101.90	9.66	$11,860
Feb 2008	1	1,228	92.53	8.77	$10,863
Jan 2008	3	1,385	90.38	8.21	$11,636
Dec 2007	3	1,289	88.33	7.30	$9,677
Nov 2007	4	1,185	91.67	7.29	$9,007
Oct 2007	0	1,086	82.85	6.92	$7,517
Sep 2007	0	1,171	75.84	6.24	$7,312
Aug 2007	0	1,074	69.06	6.39	$6,861
Jul 2007	0	1,352	70.90	6.39	$8,636
Jun 2007	0	1,281	62.00	7.55	$9,670
May 2007	0	1,203	58.74	7.85	$9,439
Apr 2007	0	1,488	59.61	7.81	$11,614
Mar 2007	0	1,618	56.92	7.30	$11,815
Feb 2007	0	1,521	55.10	8.22	$12,497
Jan 2007	0	1,262	50.30	6.73	$8,489
Dec 2006	0	1,586	56.65	6.92	$10,973
Nov 2006	0	1,498	54.20	7.62	$11,411
Oct 2006	0	1,482	54.90	6.01	$8,912
Sep 2006	0	1,328	60.08	5.04	$6,689
Aug 2006	0	1,467	68.71	7.34	$10,768
Jul 2006	0	1,567	69.37	6.34	$9,939
Jun 2006	0	1,525	66.28	6.38	$9,735
May 2006	0	1,606	66.01	6.42	$10,319
Apr 2006	0	1,669	64.39	7.36	$12,285
Mar 2006	0	1,817	56.70	7.08	$12,870
Feb 2006	0	1,537	57.59	7.75	$11,913
Jan 2006	0	1,797	60.59	8.93	$16,053
Dec 2005	0	1,849	54.94	13.42	$24,805
Nov 2005	0	1,942	54.69	10.59	$20,563
Oct 2005	0	1,883	58.34	13.80	$25,977
Sep 2005	0	2,078	61.45	12.08	$25,100
Aug 2005	0	2,265	61.51	9.80	$22,190
Jul 2005	0	2,625	55.69	7.84	$20,590
Jun 2005	0	2,636	52.33	7.38	$19,456
May 2005	0	2,880	45.22	6.65	$19,155
Apr 2005	0	3,904	49.20	7.36	$28,735
Mar 2005	0	3,686	50.37	7.15	$26,373

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.

Sep 2014 — as filed, then multipliedworked

Condensate            13 bbl  × $ 86.16 =     $1,120
Gas                    0 Mcf  × $  4.05 =         $0

────────────────────────────────────────────────────
Month total                                   $1,120

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/209073 is the state's own key, not one this site invented.