BRASK

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 212854District 04Field 355665002 tax incentive programmesCondensateGasSaveExport
Value, all time
$218 k
Aug 2005 – Jul 2013
Value, last 12 filed months
$440
at the published price for each month
Months reported
96
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 Gas112006-02-10167151
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
CondensateDisposition132 bbl$8,473
GasProduction26,837 Mcf$209,733
Total$218,206

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 27.9678, -99.9268. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.96776, -99.92679 · 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
5,300 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 5,300 ft.

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

42-47939099175,300 ftAug 2005Jul 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 (96)

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

96 months

Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130293.623.91$8
Feb 201304391.233.42$147
Jan 201301491.603.42$48
Dec 20120386.773.42$10
Nov 201201186.953.62$40
Oct 20120289.383.40$7
Sep 201202994.672.92$85
Aug 201203392.662.91$96
Jul 201204185.133.02$124
Jun 201202279.822.52$55
May 201201791.612.49$42
Apr 2012026101.652.00$52
Mar 2012049105.052.22$109
Feb 2012049101.102.57$126
Jan 201205198.092.73$139
Dec 201103696.873.24$117
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 201101483.623.99$56
Aug 2011010583.404.15$436
Jul 201108894.144.52$398
Jun 2011111292.904.64$613
May 2011014598.134.40$639
Apr 20111136105.964.33$695
Mar 2011117696.364.06$810
Feb 2011118385.644.18$851
Jan 2011012786.504.59$583
Dec 201017785.734.35$421
Nov 201009780.843.80$368
Oct 2010010078.103.51$351
Sep 201008172.633.98$322
Aug 201007473.684.42$327
Jul 201005872.554.74$275
Jun 201005470.364.91$265
May 201004671.124.24$195
Apr 201005781.694.12$235
Mar 201008178.394.39$355
Feb 201008173.585.44$441
Jan 201008374.365.96$495
Dec 2009011171.445.48$609
Nov 2009212074.593.75$599
Oct 2009113272.544.11$615
Sep 2009215765.543.06$612
Aug 2009120767.423.22$734
Jul 2009027161.133.46$939
Jun 2009122266.163.90$931
May 2009012754.743.93$499
Apr 2009034346.773.59$1,231
Mar 2009030442.144.06$1,234
Feb 2009023632.814.63$1,093
Jan 2009125735.865.37$1,416
Dec 2008015037.105.98$897
Nov 2008011255.496.86$768
Oct 2008026475.246.92$1,827
Sep 20089264101.767.88$2,995
Aug 20080299114.228.48$2,536
Jul 20081356131.0811.39$4,186
Jun 20080400131.3313.03$5,213
May 20080404123.1711.57$4,676
Apr 20080356110.3110.45$3,722
Mar 20080328101.909.66$3,170
Feb 2008046592.538.77$4,078
Jan 2008052990.388.21$4,341
Dec 2007139988.337.30$3,002
Nov 2007141891.677.29$3,140
Oct 2007041382.856.92$2,859
Sep 2007050775.846.24$3,166
Aug 2007858969.066.39$4,315
Jul 2007868670.906.39$4,949
Jun 2007972162.007.55$6,000
May 20071049758.747.85$4,487
Apr 20071141159.617.81$3,864
Mar 20071254556.927.30$4,663
Feb 20071086255.108.22$7,633
Jan 20071365350.306.73$5,047
Dec 2006161,07456.656.92$8,337
Nov 20061072854.207.62$6,088
Oct 200601,44054.906.01$8,660
Sep 2006031660.085.04$1,592
Aug 2006019968.717.34$1,461
Jul 2006028669.376.34$1,814
Jun 2006016966.286.38$1,079
May 2006018866.016.42$1,208
Apr 2006010264.397.36$751
Mar 2006025856.707.08$1,827
Feb 2006039357.597.75$3,046
Jan 2006037260.598.93$3,323
Dec 2005050054.9413.42$6,708
Nov 2005021254.6910.59$2,245
Oct 2005062058.3413.80$8,553
Sep 200502,37661.4512.08$28,700
Aug 200502,08661.519.80$20,436

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             0 bbl  × $ 93.62 =         $0
Gas                    2 Mcf  × $  3.91 =         $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/212854 is the state's own key, not one this site invented.