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 241599District 04Field 355665002 tax incentive programmesCondensateGasSaveExport
Value, all time
$457 k
Nov 2007 – Sep 2013
Value, last 12 filed months
$18 k
at the published price for each month
Months reported
71
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 Gas112009-02-25187480
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
CondensateDisposition1,477 bbl$104,126
GasProduction58,801 Mcf$352,778
Total$456,904

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 28.0413, -99.9995. 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
4,600 ft
1 wells filed one
Completion to plug
5.8 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 4,600 ft.

Completions filed
Nov 2007
1 of 1 wells
Plug dates filed
Sep 2013
1 of 1 wells

Last completion to plug: a median of 5.8 years across the 1 well that filed both dates, with the middle half between 5.8 years and 5.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-479397473054,600 ftNov 2007Sep 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 (71)

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

71 months

Sep 20130404104.113.72$1,502
Aug 20130377104.253.52$1,328
Jul 20131371102.523.72$1,482
Jun 2013029994.403.93$1,176
May 2013132894.834.15$1,456
Apr 2013137993.964.28$1,717
Mar 2013233393.623.91$1,490
Feb 2013236991.233.42$1,444
Jan 2013234891.603.42$1,373
Dec 20122331586.773.42$3,073
Nov 2012431986.953.62$1,504
Oct 2012122889.383.40$865
Sep 2012031194.672.92$908
Aug 2012153092.662.91$1,634
Jul 2012353085.133.02$1,856
Jun 2012544479.822.52$1,518
May 2012232891.612.49$999
Apr 20121301101.652.00$703
Mar 20121255105.052.22$672
Feb 20122341101.102.57$1,079
Jan 2012146998.092.73$1,380
Dec 2011245796.873.24$1,674
Nov 2011049195.723.31$1,626
Oct 20110184.983.65$4
Sep 201118283.623.99$410
Aug 20113056983.404.15$4,863
Jul 2011259894.144.52$2,890
Jun 2011465592.904.64$3,411
May 2011378398.134.40$3,743
Apr 20113688105.964.33$3,299
Mar 2011548896.364.06$2,462
Feb 2011964785.644.18$3,475
Jan 2011484186.504.59$4,205
Dec 20103578885.734.35$6,427
Nov 2010486580.843.80$3,606
Oct 2010497978.103.51$3,748
Sep 2010892472.633.98$4,258
Aug 20103296573.684.42$6,622
Jul 2010971672.554.74$4,044
Jun 2010378270.364.91$4,051
May 20106382371.124.24$7,966
Apr 2010888281.694.12$4,290
Mar 20101686678.394.39$5,055
Feb 201010282773.585.44$12,006
Jan 201012591574.365.96$14,752
Dec 2009687771.445.48$5,238
Nov 20099471274.593.75$9,683
Oct 2009881,01372.544.11$10,547
Sep 2009489965.543.06$3,017
Aug 2009597267.423.22$3,465
Jul 2009389561.133.46$3,284
Jun 200951,02066.163.90$4,304
May 200981,07054.743.93$4,638
Apr 20091597746.773.59$4,207
Mar 200981,04142.144.06$4,563
Feb 2009181,16932.814.63$6,007
Jan 2009901,44435.865.37$10,983
Dec 20081722,04837.105.98$18,622
Nov 20081871,56155.496.86$21,086
Oct 2008592,03575.246.92$18,525
Sep 200847889101.767.88$11,785
Aug 2008872,043114.228.48$27,268
Jul 2008461,653131.0811.39$24,856
Jun 200812,104131.3313.03$27,552
May 200822,233123.1711.57$26,092
Apr 200812,049110.3110.45$21,532
Mar 200822,513101.909.66$24,490
Feb 2008285292.538.77$7,658
Jan 2008196590.388.21$8,009
Dec 200711,24588.337.30$9,179
Nov 2007031191.677.29$2,268

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.

Sep 2013 — as filed, then multipliedworked
Condensate             0 bbl  × $104.11 =         $0
Gas                  404 Mcf  × $  3.72 =     $1,502

────────────────────────────────────────────────────
Month total                                   $1,502

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/241599 is the state's own key, not one this site invented.