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 241677District 04Field 355665002 tax incentive programmesCondensateGasSaveExport
Value, all time
$161 k
Feb 2008 – Aug 2013
Value, last 12 filed months
$4 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 Gas112009-01-13187482
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
CondensateDisposition147 bbl$9,864
GasProduction31,133 Mcf$150,963
Total$160,827

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 28.0083, -99.9538. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.00831, -99.95384 · 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
5,011 ft
1 wells filed one
Completion to plug
5.0 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 5,011 ft.

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

Last completion to plug: a median of 5.0 years across the 1 well that filed both dates, with the middle half between 5.0 years and 5.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4794007410535,011 ftFeb 2008Feb 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 20131093.623.91$94
Feb 20131091.233.42$91
Jan 2013023291.603.42$793
Dec 2012021286.773.42$725
Nov 2012019986.953.62$721
Oct 2012118889.383.40$729
Sep 2012020594.672.92$598
Aug 2012023292.662.91$675
Jul 2012118785.133.02$650
Jun 2012014679.822.52$368
May 2012117591.612.49$527
Apr 20121229101.652.00$559
Mar 20121217105.052.22$587
Feb 20121216101.102.57$656
Jan 2012120398.092.73$653
Dec 2011124896.873.24$900
Nov 2011027195.723.31$897
Oct 20110084.983.65$0
Sep 201101883.623.99$72
Aug 2011124783.404.15$1,108
Jul 2011126194.144.52$1,273
Jun 2011234592.904.64$1,787
May 2011138598.134.40$1,794
Apr 20113408105.964.33$2,086
Mar 2011353696.364.06$2,464
Feb 2011450085.644.18$2,433
Jan 2011361186.504.59$3,063
Dec 2010759985.734.35$3,204
Nov 2010258280.843.80$2,371
Oct 2010247378.103.51$1,816
Sep 2010255972.633.98$2,370
Aug 2010251873.684.42$2,437
Jul 2010447972.554.74$2,559
Jun 2010257170.364.91$2,945
May 2010153371.124.24$2,328
Apr 2010258881.694.12$2,588
Mar 2010359678.394.39$2,851
Feb 2010250373.585.44$2,885
Jan 2010251174.365.96$3,196
Dec 2009260471.445.48$3,455
Nov 2009376874.593.75$3,105
Oct 2009588572.544.11$4,000
Sep 2009482665.543.06$2,794
Aug 2009572767.423.22$2,677
Jul 2009383661.133.46$3,080
Jun 2009592166.163.90$3,918
May 200971,07354.743.93$4,596
Apr 200941,18346.773.59$4,431
Mar 200961,29942.144.06$5,525
Feb 200901,45832.814.63$6,755
Jan 200982,31635.865.37$12,726
Dec 2008101,48737.105.98$9,259
Nov 20082459255.496.86$5,393
Oct 2008153175.246.92$3,751
Sep 20081373101.767.88$3,040
Aug 20080556114.228.48$4,717
Jul 20080481131.0811.39$5,478
Jun 20080469131.3313.03$6,112
May 20080306123.1711.57$3,542
Apr 20080235110.3110.45$2,457
Mar 20080224101.909.66$2,165
Feb 20080092.538.77$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/241677 is the state's own key, not one this site invented.