BRISCOE "L" STATE

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 212655District 04Field 355665002 tax incentive programmesCondensateGasSaveExport
Value, all time
$651 k
Jul 2005 – May 2013
Value, last 12 filed months
$6 k
at the published price for each month
Months reported
95
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 Gas112006-02-10167150
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
CondensateDisposition134 bbl$10,509
GasProduction85,608 Mcf$640,646
Total$651,155

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 28.0044, -99.9086. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.00444, -99.90860 · 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
5,350 ft
1 wells filed one
Completion to plug
7.6 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 5,350 ft.

Completions filed
Jul 2005
1 of 1 wells
Plug dates filed
Feb 2013
1 of 1 wells

Last completion to plug: a median of 7.6 years across the 1 well that filed both dates, with the middle half between 7.6 years and 7.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4793914745,350 ftJul 2005Feb 2013Yes

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 (95)

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

95 months

May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20131093.623.91$94
Feb 20131091.233.42$91
Jan 2013018591.603.42$633
Dec 2012015486.773.42$527
Nov 2012613986.953.62$1,026
Oct 2012116289.383.40$640
Sep 2012018494.672.92$537
Aug 2012118692.662.91$634
Jul 2012128285.133.02$937
Jun 2012126579.822.52$747
May 2012124391.612.49$696
Apr 20121282101.652.00$665
Mar 20121271105.052.22$707
Feb 20121294101.102.57$857
Jan 2012133298.092.73$1,006
Dec 2011234696.873.24$1,315
Nov 2011039895.723.31$1,318
Oct 20110084.983.65$0
Sep 201114983.623.99$279
Aug 2011251583.404.15$2,304
Jul 2011148594.144.52$2,285
Jun 2011253492.904.64$2,664
May 2011148198.134.40$2,217
Apr 20112313105.964.33$1,568
Mar 2011436096.364.06$1,846
Feb 2011224985.644.18$1,212
Jan 2011230886.504.59$1,586
Dec 2010327585.734.35$1,453
Nov 2010127580.843.80$1,125
Oct 2010232678.103.51$1,300
Sep 2010237872.633.98$1,650
Aug 2010550773.684.42$2,609
Jul 2010354672.554.74$2,804
Jun 2010359070.364.91$3,108
May 2010371571.124.24$3,242
Apr 2010370781.694.12$3,160
Mar 2010677978.394.39$3,889
Feb 2010460473.585.44$3,582
Jan 2010269674.365.96$4,300
Dec 2009580171.445.48$4,750
Nov 2009674974.593.75$3,257
Oct 2009366572.544.11$2,951
Sep 200921,37165.543.06$4,333
Aug 2009298367.423.22$3,299
Jul 2009053961.133.46$1,867
Jun 2009242366.163.90$1,780
May 2009363654.743.93$2,661
Apr 2009270946.773.59$2,637
Mar 2009465642.144.06$2,831
Feb 2009148632.814.63$2,284
Jan 2009184835.865.37$4,590
Dec 200831,26537.105.98$7,672
Nov 200841,29155.496.86$9,079
Oct 2008290875.246.92$6,436
Sep 20084911101.767.88$7,583
Aug 20083940114.228.48$8,317
Jul 200831,386131.0811.39$16,179
Jun 20080398131.3313.03$5,187
May 20080716123.1711.57$8,287
Apr 20081431110.3110.45$4,616
Mar 20081506101.909.66$4,992
Feb 2008157392.538.77$5,118
Jan 200811,15290.388.21$9,543
Dec 200711,22688.337.30$9,041
Nov 200711,17791.677.29$8,674
Oct 2007087882.856.92$6,078
Sep 2007067775.846.24$4,227
Aug 200701,02569.066.39$6,548
Jul 200701,26170.906.39$8,055
Jun 200701,19162.007.55$8,990
May 200701,16958.747.85$9,172
Apr 200701,49459.617.81$11,661
Mar 200701,10156.927.30$8,039
Feb 200701,23455.108.22$10,139
Jan 200721,51550.306.73$10,292
Dec 200621,62556.656.92$11,356
Nov 200611,22054.207.62$9,348
Oct 200601,77154.906.01$10,650
Sep 200601,41060.085.04$7,102
Aug 200601,75368.717.34$12,867
Jul 200601,69169.376.34$10,726
Jun 200601,33066.286.38$8,491
May 200601,71466.016.42$11,012
Apr 200601,57264.397.36$11,571
Mar 200601,94456.707.08$13,769
Feb 200601,67457.597.75$12,975
Jan 200602,19160.598.93$19,573
Dec 200502,27754.9413.42$30,547
Nov 200502,56654.6910.59$27,170
Oct 200503,45158.3413.80$47,609
Sep 200504,47461.4512.08$54,041
Aug 200505,95861.519.80$58,370
Jul 2005028155.697.84$2,204

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.

Mar 2013 — as filed, then multipliedworked
Condensate             1 bbl  × $ 93.62 =        $94
Gas                    0 Mcf  × $  3.91 =         $0

────────────────────────────────────────────────────
Month total                                      $94

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/212655 is the state's own key, not one this site invented.