BRISCOE "G"

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 227248District 04Field 355665002 tax incentive programmesCondensateGasSaveExport
Value, all time
$632 k
Apr 2007 – Aug 2014
Value, last 12 filed months
$3 k
at the published price for each month
Months reported
89
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 Gas112007-07-10178154
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
CondensateDisposition387 bbl$32,777
GasProduction87,768 Mcf$599,226
Total$632,003

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 28.0692, -99.9212. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.06922, -99.92124 · 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
7.3 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
Apr 2007
1 of 1 wells
Plug dates filed
Aug 2014
1 of 1 wells

Last completion to plug: a median of 7.3 years across the 1 well that filed both dates, with the middle half between 7.3 years and 7.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4793940375,000 ftApr 2007Aug 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 (89)

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

89 months

Aug 20140189.394.04$4
Jul 201402296.564.18$92
Jun 201401198.164.74$52
May 20140194.734.73$5
Apr 201401595.944.81$72
Mar 201403095.895.06$152
Feb 2014014197.406.19$873
Jan 201406690.404.86$321
Dec 201308891.824.35$383
Nov 201349388.853.74$703
Oct 20130897.423.78$30
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201311102.523.72$106
Jun 20130094.403.93$0
May 2013119094.834.15$883
Apr 2013115993.964.28$775
Mar 2013024593.623.91$959
Feb 2013024891.233.42$848
Jan 2013121091.603.42$810
Dec 2012123386.773.42$884
Nov 2012021486.953.62$776
Oct 2012028889.383.40$979
Sep 2012025894.672.92$753
Aug 2012025292.662.91$733
Jul 2012030685.133.02$924
Jun 2012223379.822.52$747
May 2012123891.612.49$684
Apr 20122248101.652.00$699
Mar 20120256105.052.22$569
Feb 20120243101.102.57$625
Jan 2012028298.092.73$771
Dec 2011042696.873.24$1,380
Nov 2011239595.723.31$1,499
Oct 2011048584.983.65$1,770
Sep 2011030383.623.99$1,208
Aug 2011144783.404.15$1,938
Jul 2011046194.144.52$2,082
Jun 2011195192.904.64$4,505
May 2011062598.134.40$2,753
Apr 20110533105.964.33$2,310
Mar 2011044396.364.06$1,797
Feb 2011742785.644.18$2,384
Jan 2011053586.504.59$2,455
Dec 2010852285.734.35$2,955
Nov 2010055780.843.80$2,114
Oct 2010165678.103.51$2,380
Sep 2010273172.633.98$3,054
Aug 2010271673.684.42$3,312
Jul 2010152672.554.74$2,564
Jun 2010165970.364.91$3,306
May 2010069571.124.24$2,943
Apr 2010054881.694.12$2,259
Mar 201001,20178.394.39$5,271
Feb 2010060073.585.44$3,265
Jan 2010056374.365.96$3,358
Dec 2009050971.445.48$2,791
Nov 2009054374.593.75$2,037
Oct 2009295672.544.11$4,074
Sep 200901,10065.543.06$3,371
Aug 200921,05367.423.22$3,524
Jul 200921,17761.133.46$4,200
Jun 200981,35166.163.90$5,791
May 200911,43754.743.93$5,696
Apr 200901,37946.773.59$4,947
Mar 2009521,24242.144.06$7,233
Feb 200901,13932.814.63$5,277
Jan 200921,25635.865.37$6,818
Dec 200801,70637.105.98$10,197
Nov 200811,05155.496.86$7,266
Oct 200801,19075.246.92$8,237
Sep 20084908101.767.88$7,559
Aug 200812,482114.228.48$21,169
Jul 2008492,587131.0811.39$35,887
Jun 200802,659131.3313.03$34,654
May 2008733,020123.1711.57$43,946
Apr 200812,350110.3110.45$24,679
Mar 200882,221101.909.66$22,279
Feb 200802,55992.538.77$22,444
Jan 200802,68590.388.21$22,032
Dec 200702,91388.337.30$21,271
Nov 200744,17691.677.29$30,817
Oct 200701,92182.856.92$13,297
Sep 20070975.846.24$56
Aug 20072735469.066.39$4,126
Jul 2007303,41270.906.39$23,923
Jun 2007333,81562.007.55$30,843
May 2007476,64758.747.85$54,915
Apr 200707,37659.617.81$57,571

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.

Aug 2014 — as filed, then multipliedworked
Condensate             0 bbl  × $ 89.39 =         $0
Gas                    1 Mcf  × $  4.04 =         $4

────────────────────────────────────────────────────
Month total                                       $4

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/227248 is the state's own key, not one this site invented.