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 241674District 04Field 355665002 tax incentive programmesCondensateGasSaveExport
Value, all time
$433 k
Jan 2008 – Aug 2013
Value, last 12 filed months
$3 k
at the published price for each month
Months reported
68
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 Gas112009-01-13187484
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
CondensateDisposition687 bbl$72,579
GasProduction45,857 Mcf$359,999
Total$432,577

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 28.0136, -99.9611. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.01362, -99.96107 · 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
5,015 ft
1 wells filed one
Completion to plug
5.2 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 5,015 ft.

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

Last completion to plug: a median of 5.2 years across the 1 well that filed both dates, with the middle half between 5.2 years and 5.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4794007210595,015 ftJan 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 (68)

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

68 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 20131093.623.91$94
Feb 2013114991.233.42$601
Jan 2013013691.603.42$465
Dec 2012011886.773.42$404
Nov 2012011086.953.62$399
Oct 2012010489.383.40$354
Sep 2012011494.672.92$333
Aug 2012010392.662.91$300
Jul 201208385.133.02$251
Jun 201206579.822.52$164
May 201217091.612.49$266
Apr 2012091101.652.00$182
Mar 2012187105.052.22$298
Feb 2012186101.102.57$322
Jan 201208198.092.73$221
Dec 2011112396.873.24$495
Nov 2011012895.723.31$424
Oct 20110084.983.65$0
Sep 20110983.623.99$36
Aug 2011122783.404.15$1,025
Jul 2011124994.144.52$1,219
Jun 2011126892.904.64$1,336
May 2011125598.134.40$1,221
Apr 20112261105.964.33$1,343
Mar 2011233296.364.06$1,540
Feb 2011225085.644.18$1,216
Jan 2011232586.504.59$1,664
Dec 2010534285.734.35$1,916
Nov 2010135980.843.80$1,443
Oct 2010129978.103.51$1,127
Sep 2010132872.633.98$1,378
Aug 2010238373.684.42$1,840
Jul 2010441972.554.74$2,275
Jun 2010248870.364.91$2,537
May 2010137171.124.24$1,642
Apr 2010234381.694.12$1,577
Mar 2010134778.394.39$1,601
Feb 2010246473.585.44$2,672
Jan 2010049474.365.96$2,946
Dec 2009250471.445.48$2,907
Nov 2009231774.593.75$1,338
Oct 2009149772.544.11$2,115
Sep 2009447865.543.06$1,727
Aug 2009548167.423.22$1,885
Jul 2009358461.133.46$2,207
Jun 2009565766.163.90$2,890
May 2009454754.743.93$2,366
Apr 2009268046.773.59$2,533
Mar 2009369942.144.06$2,964
Feb 2009077432.814.63$3,586
Jan 200981,04335.865.37$5,889
Dec 2008760837.105.98$3,894
Nov 200842,48555.496.86$17,270
Oct 200882,79975.246.92$19,977
Sep 2008132,404101.767.88$20,259
Aug 200853,316114.228.48$28,701
Jul 2008763,385131.0811.39$48,515
Jun 20081083,677131.3313.03$62,105
May 2008833,902123.1711.57$55,386
Apr 200854,193110.3110.45$44,389
Mar 20081512,176101.909.66$36,416
Feb 20081481,19092.538.77$24,131
Jan 20080090.388.21$0

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             1 bbl  × $ 93.62 =        $94
Gas                    0 Mcf  × $  3.91 =         $0

────────────────────────────────────────────────────
Month total                                      $94

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/241674 is the state's own key, not one this site invented.