BRISCOE "J"

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 223905District 04Field 355665002 tax incentive programmesCondensateGasSaveExport
Value, all time
$156 k
Dec 2006 – Aug 2013
Value, last 12 filed months
$365
at the published price for each month
Months reported
81
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 Gas112007-05-07174280
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
CondensateDisposition394 bbl$24,399
GasProduction18,806 Mcf$131,752
Total$156,152

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 27.9974, -99.9151. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.99735, -99.91510 · 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
5,221 ft
1 wells filed one
Completion to plug
5.9 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 5,221 ft.

Completions filed
Dec 2006
1 of 1 wells
Plug dates filed
Nov 2012
1 of 1 wells

Last completion to plug: a median of 5.9 years across the 1 well that filed both dates, with the middle half between 5.9 years and 5.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-47939295355,221 ftDec 2006Nov 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 (81)

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

81 months

Aug 201300104.253.52$0
Jul 201300102.523.72$0
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 201212786.953.62$185
Oct 201202989.383.40$99
Sep 201202894.672.92$82
Aug 201202792.662.91$79
Jul 201202685.133.02$79
Jun 201202579.822.52$63
May 201203191.612.49$77
Apr 2012026101.652.00$52
Mar 2012026105.052.22$58
Feb 2012031101.102.57$80
Jan 201201298.092.73$33
Dec 20110796.873.24$23
Nov 201101095.723.31$33
Oct 20110084.983.65$0
Sep 20110383.623.99$12
Aug 201104483.404.15$183
Jul 201105394.144.52$239
Jun 201105092.904.64$232
May 201104698.134.40$203
Apr 2011073105.964.33$316
Mar 2011112396.364.06$595
Feb 201124385.644.18$351
Jan 201101586.504.59$69
Dec 201011485.734.35$147
Nov 201001580.843.80$57
Oct 201001778.103.51$60
Sep 201001872.633.98$72
Aug 201001673.684.42$71
Jul 20100272.554.74$9
Jun 20100370.364.91$15
May 20100371.124.24$13
Apr 20100381.694.12$12
Mar 2010345578.394.39$2,232
Feb 2010445573.585.44$2,771
Jan 2010248874.365.96$3,059
Dec 2009257471.445.48$3,291
Nov 20091151874.593.75$2,764
Oct 20091013472.544.11$1,276
Sep 2009312465.543.06$577
Aug 2009511167.423.22$694
Jul 200907761.133.46$267
Jun 200939366.163.90$561
May 200914954.743.93$247
Apr 2009118846.773.59$721
Mar 2009327942.144.06$1,259
Feb 2009010032.814.63$463
Jan 2009024635.865.37$1,321
Dec 2008113537.105.98$844
Nov 2008321355.496.86$1,628
Oct 2008134675.246.92$2,470
Sep 2008153101.767.88$519
Aug 20081453114.228.48$3,957
Jul 20080428131.0811.39$4,875
Jun 20080351131.3313.03$4,574
May 20083257123.1711.57$3,344
Apr 20080456110.3110.45$4,767
Mar 20081585101.909.66$5,755
Feb 2008260792.538.77$5,509
Jan 2008144090.388.21$3,701
Dec 2007253588.337.30$4,083
Nov 2007267091.677.29$5,069
Oct 2007074082.856.92$5,122
Sep 2007049875.846.24$3,110
Aug 20072756169.066.39$5,448
Jul 20072770270.906.39$6,399
Jun 20072948662.007.55$5,467
May 20073452158.747.85$6,085
Apr 20073752359.617.81$6,288
Mar 20073960256.927.30$6,616
Feb 2007351,28955.108.22$12,519
Jan 2007441,61650.306.73$13,084
Dec 2006511,00256.656.92$9,821

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             1 bbl  × $ 86.95 =        $87
Gas                   27 Mcf  × $  3.62 =        $98

────────────────────────────────────────────────────
Month total                                     $185

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/223905 is the state's own key, not one this site invented.