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 241600District 04Field 355665002 tax incentive programmesCondensateGasSaveExport
Value, all time
$577 k
Feb 2008 – Aug 2013
Value, last 12 filed months
$1 k
at the published price for each month
Months reported
67
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 Gas112008-11-21187146
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
CondensateDisposition878 bbl$48,963
GasProduction56,182 Mcf$527,558
Total$576,521

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 28.0166, -99.9617. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.01660, -99.96165 · 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
5,016 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 5,016 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

42-4794007310605,016 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 (67)

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

67 months

Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20132093.623.91$187
Feb 201303791.233.42$127
Jan 201305491.603.42$185
Dec 201204886.773.42$164
Nov 201204586.953.62$163
Oct 201204189.383.40$139
Sep 201204594.672.92$131
Aug 201205192.662.91$148
Jul 201204685.133.02$139
Jun 201204879.822.52$121
May 201205391.612.49$132
Apr 2012068101.652.00$136
Mar 2012065105.052.22$144
Feb 2012064101.102.57$165
Jan 201206098.092.73$164
Dec 201107596.873.24$243
Nov 201107695.723.31$252
Oct 20110084.983.65$0
Sep 20110583.623.99$20
Aug 201107483.404.15$307
Jul 201107594.144.52$339
Jun 201106992.904.64$320
May 201101998.134.40$84
Apr 2011027105.964.33$117
Mar 201107296.364.06$292
Feb 201118285.644.18$428
Jan 2011111886.504.59$628
Dec 2010316085.734.35$953
Nov 2010117580.843.80$745
Oct 2010115278.103.51$611
Sep 2010121372.633.98$920
Aug 2010123473.684.42$1,108
Jul 2010120972.554.74$1,062
Jun 2010124470.364.91$1,269
May 2010011871.124.24$500
Apr 201002781.694.12$111
Mar 2010432878.394.39$3,494
Feb 201002573.585.44$136
Jan 201002174.365.96$125
Dec 200903071.445.48$165
Nov 200902674.593.75$98
Oct 200903572.544.11$144
Sep 2009222365.543.06$1,512
Aug 2009157667.423.22$1,256
Jul 200904861.133.46$166
Jun 200933466.163.90$331
May 2009316854.743.93$1,964
Apr 2009752046.773.59$3,580
Mar 20093011442.144.06$1,727
Feb 200931134632.814.63$11,807
Jan 20095436035.865.37$3,870
Dec 20087088637.105.98$7,893
Nov 2008471,93355.496.86$15,869
Oct 200873,65875.246.92$25,847
Sep 2008173,965101.767.88$32,963
Aug 200883,778114.228.48$32,963
Jul 2008114,798131.0811.39$56,088
Jun 2008205,250131.3313.03$71,048
May 2008255,404123.1711.57$65,627
Apr 2008307,099110.3110.45$77,528
Mar 20081911,136101.909.66$109,555
Feb 2008274,07292.538.77$38,212

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.

Mar 2013 — as filed, then multipliedworked
Condensate             2 bbl  × $ 93.62 =       $187
Gas                    0 Mcf  × $  3.91 =         $0

────────────────────────────────────────────────────
Month total                                     $187

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/241600 is the state's own key, not one this site invented.