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 212851District 04Field 355665002 tax incentive programmesCondensateGasSaveExport
Value, all time
$934 k
Jun 2005 – Oct 2014
Value, last 12 filed months
$4 k
at the published price for each month
Months reported
113
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 Gas112007-01-12171281
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
CondensateDisposition251 bbl$18,734
GasProduction129,204 Mcf$914,767
Total$933,501

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 27.9846, -99.9539. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.98464, -99.95389 · 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
5,050 ft
1 wells filed one
Completion to plug
8.7 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 5,050 ft.

Completions filed
Jun 2005
1 of 1 wells
Plug dates filed
Feb 2014
1 of 1 wells

Last completion to plug: a median of 8.7 years across the 1 well that filed both dates, with the middle half between 8.7 years and 8.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-479382031375,050 ftJun 2005Feb 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 (113)

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

113 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 201404897.406.19$297
Jan 2014028890.404.86$1,400
Dec 2013026391.824.35$1,145
Nov 2013025588.853.74$953
Oct 2013023597.423.78$888
Sep 20130268104.113.72$996
Aug 20130311104.253.52$1,096
Jul 20134299102.523.72$1,522
Jun 2013032994.403.93$1,294
May 2013237394.834.15$1,737
Apr 2013039393.964.28$1,683
Mar 2013335293.623.91$1,658
Feb 2013349191.233.42$1,953
Jan 2013059791.603.42$2,042
Dec 2012051986.773.42$1,775
Nov 2012048486.953.62$1,754
Oct 2012246989.383.40$1,773
Sep 2012052494.672.92$1,529
Aug 2012159492.662.91$1,820
Jul 2012247985.133.02$1,617
Jun 2012141979.822.52$1,135
May 2012245591.612.49$1,315
Apr 20121595101.652.00$1,290
Mar 20122562105.052.22$1,459
Feb 20122584101.102.57$1,703
Jan 2012260998.092.73$1,861
Dec 2011374496.873.24$2,701
Nov 2011175795.723.31$2,602
Oct 20110084.983.65$0
Sep 201115683.623.99$307
Aug 2011374283.404.15$3,329
Jul 2011282294.144.52$3,901
Jun 2011375892.904.64$3,796
May 2011260298.134.40$2,848
Apr 20113557105.964.33$2,732
Mar 2011354796.364.06$2,508
Feb 2011341485.644.18$1,987
Jan 2011349786.504.59$2,540
Dec 2010647685.734.35$2,584
Nov 2010244880.843.80$1,862
Oct 2010237878.103.51$1,483
Sep 2010247472.633.98$2,032
Aug 2010352073.684.42$2,519
Jul 201071,04072.554.74$5,434
Jun 201041,21170.364.91$6,228
May 2010172371.124.24$3,133
Apr 2010347581.694.12$2,203
Mar 2010258678.394.39$2,729
Feb 2010370573.585.44$4,058
Jan 2010394874.365.96$5,877
Dec 200981,34571.445.48$7,947
Nov 200971,08374.593.75$4,585
Oct 2009370372.544.11$3,107
Sep 200921,05265.543.06$3,355
Aug 200921,11267.423.22$3,714
Jul 200931,00861.133.46$3,676
Jun 200931,23766.163.90$5,017
May 200981,23854.743.93$5,298
Apr 200941,08246.773.59$4,069
Mar 200961,21742.144.06$5,193
Feb 200901,13832.814.63$5,272
Jan 200931,20935.865.37$6,601
Dec 2008496137.105.98$5,892
Nov 200861,32855.496.86$9,444
Oct 200851,44075.246.92$10,344
Sep 20086920101.767.88$7,857
Aug 200831,208114.228.48$10,590
Jul 200801,481131.0811.39$16,868
Jun 200821,598131.3313.03$21,089
May 200841,243123.1711.57$14,880
Apr 200841,352110.3110.45$14,576
Mar 200811,648101.909.66$16,028
Feb 200821,25192.538.77$11,157
Jan 200811,56590.388.21$12,932
Dec 200731,67288.337.30$12,474
Nov 200751,73291.677.29$13,088
Oct 200701,31582.856.92$9,102
Sep 200701,49675.846.24$9,341
Aug 200751,14569.066.39$7,659
Jul 200751,30870.906.39$8,710
Jun 200761,37962.007.55$10,781
May 200701,57858.747.85$12,381
Apr 200741,81459.617.81$14,397
Mar 2007131,88456.927.30$14,497
Feb 200791,62855.108.22$13,872
Jan 2007141,97550.306.73$13,990
Dec 200671,80956.656.92$12,912
Nov 200612,41454.207.62$18,443
Oct 200602,00154.906.01$12,034
Sep 200601,96760.085.04$9,908
Aug 200602,19268.717.34$16,089
Jul 200603,58469.376.34$22,732
Jun 200602,44066.286.38$15,577
May 200602,57266.016.42$16,525
Apr 200602,79064.397.36$20,536
Mar 200602,70756.707.08$19,173
Feb 200602,70157.597.75$20,936
Jan 200603,06960.598.93$27,416
Dec 200503,01154.9413.42$40,394
Nov 200503,00654.6910.59$31,829
Oct 200503,48258.3413.80$48,037
Sep 200503,33061.4512.08$40,223
Aug 200503,92161.519.80$38,413
Jul 200504,45955.697.84$34,975
Jun 200504,12952.337.38$30,476

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                   48 Mcf  × $  6.19 =       $297

────────────────────────────────────────────────────
Month total                                     $297

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/212851 is the state's own key, not one this site invented.