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 241104District 04Field 355665002 tax incentive programmesCondensateGasSaveExport
Value, all time
$123 k
Feb 2008 – Jun 2013
Value, last 12 filed months
$911
at the published price for each month
Months reported
65
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 Gas112008-11-07186838
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
CondensateDisposition83 bbl$8,153
GasProduction14,440 Mcf$114,617
Total$122,770

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 28.0294, -99.9539. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.02944, -99.95392 · 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
5,030 ft
1 wells filed one
Completion to plug
5.1 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 5,030 ft.

Completions filed
Feb 2008
1 of 1 wells
Plug dates filed
Mar 2013
1 of 1 wells

Last completion to plug: a median of 5.1 years across the 1 well that filed both dates, with the middle half between 5.1 years and 5.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4794006110735,030 ftFeb 2008Mar 2013Yes

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 (65)

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

65 months

Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 201301891.233.42$62
Jan 201303391.603.42$113
Dec 201203686.773.42$123
Nov 201203786.953.62$134
Oct 201204689.383.40$156
Sep 201205794.672.92$166
Aug 201202792.662.91$79
Jul 201202685.133.02$79
Jun 201202279.822.52$55
May 201203691.612.49$90
Apr 2012038101.652.00$76
Mar 2012035105.052.22$78
Feb 2012031101.102.57$80
Jan 201205698.092.73$153
Dec 201102396.873.24$75
Nov 20110295.723.31$7
Oct 20110084.983.65$0
Sep 20110183.623.99$4
Aug 20110283.404.15$8
Jul 20110294.144.52$9
Jun 20110292.904.64$9
May 20110298.134.40$9
Apr 201102105.964.33$9
Mar 20110496.364.06$16
Feb 20110385.644.18$13
Jan 20110286.504.59$9
Dec 20100285.734.35$9
Nov 20100380.843.80$11
Oct 20100378.103.51$11
Sep 20100372.633.98$12
Aug 20100373.684.42$13
Jul 20100472.554.74$19
Jun 20100270.364.91$10
May 20100271.124.24$8
Apr 20100281.694.12$8
Mar 20100378.394.39$13
Feb 20100273.585.44$11
Jan 20100174.365.96$6
Dec 20090371.445.48$16
Nov 20090974.593.75$34
Oct 2009120672.544.11$919
Sep 200915365.543.06$228
Aug 2009128167.423.22$972
Jul 2009017161.133.46$592
Jun 2009321366.163.90$1,028
May 2009341554.743.93$1,793
Apr 2009145646.773.59$1,683
Mar 2009056242.144.06$2,281
Feb 2009063132.814.63$2,923
Jan 2009025235.865.37$1,353
Dec 2008052837.105.98$3,156
Nov 2008350755.496.86$3,645
Oct 2008129175.246.92$2,090
Sep 20089707101.767.88$6,485
Aug 20083936114.228.48$8,283
Jul 200841,128131.0811.39$13,372
Jun 20083758131.3313.03$10,273
May 20088381123.1711.57$5,395
Apr 20085738110.3110.45$8,267
Mar 2008172,186101.909.66$22,858
Feb 2008202,45592.538.77$23,382

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.

Feb 2013 — as filed, then multipliedworked
Condensate             0 bbl  × $ 91.23 =         $0
Gas                   18 Mcf  × $  3.42 =        $62

────────────────────────────────────────────────────
Month total                                      $62

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/241104 is the state's own key, not one this site invented.