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 226017District 04Field 355665002 tax incentive programmesCondensateGasSaveExport
Value, all time
$106 k
Jan 2007 – Jul 2014
Value, last 12 filed months
$418
at the published price for each month
Months reported
91
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 Gas112007-05-29175096
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
CondensateDisposition25 bbl$2,167
GasProduction15,694 Mcf$104,217
Total$106,384

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 28.0385, -99.9863. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.03848, -99.98628 · 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
5,000 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 5,000 ft.

Completions filed
Feb 2007
1 of 1 wells
Plug dates filed
Jul 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

42-479396852615,000 ftFeb 2007Jul 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 (91)

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

91 months

Jul 201405596.564.18$230
Jun 20140198.164.74$5
May 20140194.734.73$5
Apr 20140295.944.81$10
Mar 20140295.895.06$10
Feb 20140297.406.19$12
Jan 20140590.404.86$24
Dec 20130691.824.35$26
Nov 20130688.853.74$22
Oct 20130697.423.78$23
Sep 201308104.113.72$30
Aug 201306104.253.52$21
Jul 201306102.523.72$22
Jun 20130594.403.93$20
May 20130594.834.15$21
Apr 20130593.964.28$21
Mar 20130593.623.91$20
Feb 201304491.233.42$150
Jan 201305691.603.42$192
Dec 201215086.773.42$258
Nov 201204986.953.62$178
Oct 201203889.383.40$129
Sep 20120594.672.92$15
Aug 201206092.662.91$174
Jul 201205785.133.02$172
Jun 201204879.822.52$121
May 201204291.612.49$105
Apr 2012043101.652.00$86
Mar 2012042105.052.22$93
Feb 2012042101.102.57$108
Jan 201205398.092.73$145
Dec 201104096.873.24$130
Nov 201104695.723.31$152
Oct 20110284.983.65$7
Sep 20110983.623.99$36
Aug 201125583.404.15$395
Jul 201106194.144.52$276
Jun 201119992.904.64$552
May 2011112498.134.40$644
Apr 20111142105.964.33$721
Mar 2011116096.364.06$746
Feb 2011115885.644.18$746
Jan 2011121186.504.59$1,055
Dec 2010217785.734.35$941
Nov 2010119380.843.80$813
Oct 2010011578.103.51$404
Sep 201019472.633.98$447
Aug 201009973.684.42$438
Jul 2010110272.554.74$556
Jun 2010112870.364.91$699
May 2010015371.124.24$648
Apr 2010012781.694.12$524
Mar 2010014178.394.39$619
Feb 2010046473.585.44$2,525
Jan 201008774.365.96$519
Dec 2009016871.445.48$921
Nov 2009113374.593.75$574
Oct 2009112172.544.11$570
Sep 200907065.543.06$215
Aug 200906667.423.22$212
Jul 200907161.133.46$246
Jun 200908266.163.90$319
May 200909954.743.93$389
Apr 200908546.773.59$305
Mar 200907042.144.06$284
Feb 200903232.814.63$148
Jan 200904535.865.37$242
Dec 200805437.105.98$323
Nov 200809555.496.86$652
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20078091.677.29$733
Oct 20070982.856.92$62
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 2007074059.617.81$5,776
Mar 200703,51356.927.30$25,652
Feb 200705,37655.108.22$44,169
Jan 200701,12350.306.73$7,554

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.

Jul 2014 — as filed, then multipliedworked
Condensate             0 bbl  × $ 96.56 =         $0
Gas                   55 Mcf  × $  4.18 =       $230

────────────────────────────────────────────────────
Month total                                     $230

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/226017 is the state's own key, not one this site invented.