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 225798District 04Field 355665002 tax incentive programmesCondensateGasSaveExport
Value, all time
$335 k
Feb 2007 – Sep 2014
Value, last 12 filed months
$3 k
at the published price for each month
Months reported
92
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 Gas112007-05-29175261
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
CondensateDisposition372 bbl$33,981
GasProduction52,619 Mcf$300,966
Total$334,947

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 28.0226, -99.9733. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.02258, -99.97333 · 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
4,750 ft
1 wells filed one
Completion to plug
6.9 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 4,750 ft.

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

Last completion to plug: a median of 6.9 years across the 1 well that filed both dates, with the middle half between 6.9 years and 6.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-479390022214,750 ftFeb 2007Jan 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 (92)

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

92 months

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 20140097.406.19$0
Jan 20148090.404.86$723
Dec 201309391.824.35$405
Nov 2013216888.853.74$806
Oct 2013812297.423.78$1,240
Sep 2013010104.113.72$37
Aug 20130119104.253.52$419
Jul 20131137102.523.72$612
Jun 2013016194.403.93$633
May 20131219894.834.15$1,959
Apr 2013119893.964.28$942
Mar 20131093.623.91$94
Feb 2013211691.233.42$579
Jan 2013916991.603.42$1,402
Dec 2012017086.773.42$581
Nov 2012016786.953.62$605
Oct 2012118089.383.40$701
Sep 2012025694.672.92$747
Aug 2012127192.662.91$881
Jul 2012123885.133.02$804
Jun 2012127479.822.52$770
May 2012139891.612.49$1,082
Apr 20121356101.652.00$813
Mar 20121330105.052.22$838
Feb 20122291101.102.57$950
Jan 2012137498.092.73$1,121
Dec 2011345896.873.24$1,774
Nov 2011180595.723.31$2,761
Oct 20110084.983.65$0
Sep 201119783.623.99$470
Aug 201161,03183.404.15$4,778
Jul 201131,02194.144.52$4,895
Jun 201161,18192.904.64$6,037
May 2011311,34098.134.40$8,944
Apr 2011521,251105.964.33$10,931
Mar 2011491,18996.364.06$9,546
Feb 2011579185.644.18$3,735
Jan 2011480886.504.59$4,054
Dec 20101171085.734.35$4,030
Nov 2010488580.843.80$3,682
Oct 2010499778.103.51$3,811
Sep 201061,07872.633.98$4,726
Aug 201031,09973.684.42$5,078
Jul 2010241672.554.74$2,115
Jun 2010257570.364.91$2,964
May 2010359471.124.24$2,729
Apr 2010265281.694.12$2,851
Mar 2010268478.394.39$3,159
Feb 2010361373.585.44$3,557
Jan 2010344874.365.96$2,895
Dec 2009350171.445.48$2,962
Nov 2009448074.593.75$2,099
Oct 2009240072.544.11$1,789
Sep 2009258765.543.06$1,930
Aug 2009152667.423.22$1,760
Jul 2009033161.133.46$1,147
Jun 2009354866.163.90$2,333
May 2009364054.743.93$2,677
Apr 2009163646.773.59$2,328
Mar 2009080742.144.06$3,276
Feb 2009023432.814.63$1,084
Jan 2009353735.865.37$2,992
Dec 2008048837.105.98$2,917
Nov 2008456355.496.86$4,084
Oct 2008371675.246.92$5,182
Sep 20084569101.767.88$4,889
Aug 20083519114.228.48$4,745
Jul 20080918131.0811.39$10,456
Jun 20081473131.3313.03$6,296
May 20086410123.1711.57$5,484
Apr 20085131110.3110.45$1,921
Mar 2008111,153101.909.66$12,264
Feb 2008101,42492.538.77$13,415
Jan 200881,29590.388.21$11,349
Dec 2007878588.337.30$6,439
Nov 20071491291.677.29$7,933
Oct 2007067482.856.92$4,665
Sep 200701,00775.846.24$6,288
Aug 2007298069.066.39$6,398
Jul 200721,10270.906.39$7,181
Jun 2007250662.007.55$3,944
May 200721,29958.747.85$10,310
Apr 200721,97959.617.81$15,566
Mar 200733,75156.927.30$27,560
Feb 200701,21955.108.22$10,015

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.

Jan 2014 — as filed, then multipliedworked
Condensate             8 bbl  × $ 90.40 =       $723
Gas                    0 Mcf  × $  4.86 =         $0

────────────────────────────────────────────────────
Month total                                     $723

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/225798 is the state's own key, not one this site invented.