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 225144District 04Field 355665002 tax incentive programmesCondensateGasSaveExport
Value, all time
$393 k
Jan 2007 – Jan 2015
Value, last 12 filed months
$134
at the published price for each month
Months reported
97
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 Gas112007-04-23174278
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
CondensateDisposition256 bbl$19,858
GasProduction63,754 Mcf$373,429
Total$393,288

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 28.0178, -99.9999. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

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
4,650 ft
1 wells filed one
Completion to plug
7.4 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 4,650 ft.

Completions filed
Jan 2007
1 of 1 wells
Plug dates filed
Jun 2014
1 of 1 wells

Last completion to plug: a median of 7.4 years across the 1 well that filed both dates, with the middle half between 7.4 years and 7.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-479389862224,650 ftJan 2007Jun 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 (97)

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

97 months

Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
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 20140194.734.73$5
Apr 20140295.944.81$10
Mar 20140295.895.06$10
Feb 20141297.406.19$110
Jan 20140190.404.86$5
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 2013024104.253.52$85
Jul 20131370102.523.72$1,478
Jun 2013035494.403.93$1,392
May 2013243794.834.15$2,003
Apr 2013244693.964.28$2,098
Mar 2013352393.623.91$2,327
Feb 2013254291.233.42$2,036
Jan 2013246291.603.42$1,763
Dec 2012436386.773.42$1,589
Nov 2012033086.953.62$1,196
Oct 2012136989.383.40$1,344
Sep 2012045194.672.92$1,316
Aug 2012155992.662.91$1,718
Jul 2012359185.133.02$2,041
Jun 2012253679.822.52$1,510
May 2012254691.612.49$1,542
Apr 20122603101.652.00$1,407
Mar 20122673105.052.22$1,706
Feb 20122579101.102.57$1,690
Jan 2012257598.092.73$1,768
Dec 2011367996.873.24$2,490
Nov 2011178395.723.31$2,688
Oct 20110084.983.65$0
Sep 201116783.623.99$351
Aug 2011588783.404.15$4,097
Jul 2011287794.144.52$4,150
Jun 2011596292.904.64$4,928
May 2011388798.134.40$4,201
Apr 20115825105.964.33$4,105
Mar 2011871696.364.06$3,676
Feb 2011765585.644.18$3,337
Jan 201161,07386.504.59$5,443
Dec 2010161,18585.734.35$6,524
Nov 201051,24680.843.80$5,133
Oct 201051,32378.103.51$5,033
Sep 201061,12972.633.98$4,929
Aug 201031,12373.684.42$5,184
Jul 2010237772.554.74$1,931
Jun 2010246570.364.91$2,424
May 2010242171.124.24$1,925
Apr 2010240981.694.12$1,850
Mar 2010135578.394.39$1,636
Feb 2010124673.585.44$1,412
Jan 2010027474.365.96$1,634
Dec 2009132171.445.48$1,832
Nov 2009133374.593.75$1,324
Oct 2009151372.544.11$2,181
Sep 2009245365.543.06$1,519
Aug 2009247767.423.22$1,670
Jul 2009031561.133.46$1,091
Jun 2009174766.163.90$2,976
May 2009846354.743.93$2,256
Apr 2009431346.773.59$1,310
Mar 2009763742.144.06$2,881
Feb 20091665032.814.63$3,536
Jan 2009068535.865.37$3,679
Dec 2008481237.105.98$5,002
Nov 2008155,58355.496.86$39,134
Oct 200851,27875.246.92$9,222
Sep 20080654101.767.88$5,152
Aug 200831,420114.228.48$12,389
Jul 200831,301131.0811.39$15,211
Jun 20082832131.3313.03$11,106
May 200871,490123.1711.57$18,108
Apr 20083615110.3110.45$6,761
Mar 200821,035101.909.66$10,206
Feb 200831,00692.538.77$9,101
Jan 200831,24490.388.21$10,479
Dec 200721,69588.337.30$12,554
Nov 200751,68591.677.29$12,745
Oct 200701,58882.856.92$10,992
Sep 200751,64875.846.24$10,670
Aug 200731,38569.066.39$9,054
Jul 200731,08670.906.39$7,150
Jun 2007388162.007.55$6,836
May 2007379358.747.85$6,398
Apr 200741,02659.617.81$8,247
Mar 2007497456.927.30$7,340
Feb 2007398555.108.22$8,258
Jan 2007352650.306.73$3,689

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.

May 2014 — as filed, then multipliedworked
Condensate             0 bbl  × $ 94.73 =         $0
Gas                    1 Mcf  × $  4.73 =         $5

────────────────────────────────────────────────────
Month total                                       $5

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/225144 is the state's own key, not one this site invented.