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 241679District 04Field 355665002 tax incentive programmesCondensateGasSaveExport
Value, all time
$179 k
Apr 2008 – Jul 2013
Value, last 12 filed months
$660
at the published price for each month
Months reported
64
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 Gas112008-12-17187490
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
CondensateDisposition78 bbl$6,529
GasProduction22,138 Mcf$172,689
Total$179,218

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 28.0366, -99.9601. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.03660, -99.96008 · 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
5,020 ft
1 wells filed one
Completion to plug
4.9 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 5,020 ft.

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

Last completion to plug: a median of 4.9 years across the 1 well that filed both dates, with the middle half between 4.9 years and 4.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4794008010875,020 ftApr 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 (64)

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

64 months

Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 201302691.233.42$89
Jan 201322391.603.42$262
Dec 201201686.773.42$55
Nov 201202286.953.62$80
Oct 201202389.383.40$78
Sep 201202094.672.92$58
Aug 201201392.662.91$38
Jul 201201285.133.02$36
Jun 20120879.822.52$20
May 20120291.612.49$5
Apr 201202101.652.00$4
Mar 201202105.052.22$4
Feb 201202101.102.57$5
Jan 20120198.092.73$3
Dec 20110196.873.24$3
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 201112116105.964.33$1,774
Mar 20111231496.364.06$2,430
Feb 2011116985.644.18$792
Jan 2011119986.504.59$1,000
Dec 2010317585.734.35$1,018
Nov 2010121880.843.80$908
Oct 2010124578.103.51$938
Sep 2010126472.633.98$1,123
Aug 2010119973.684.42$953
Jul 201005472.554.74$256
Jun 20100270.364.91$10
May 20100271.124.24$8
Apr 20100281.694.12$8
Mar 20100378.394.39$13
Feb 201003773.585.44$201
Jan 2010012974.365.96$769
Dec 2009017171.445.48$938
Nov 2009628874.593.75$1,528
Oct 2009130672.544.11$1,330
Sep 2009142665.543.06$1,371
Aug 2009136467.423.22$1,239
Jul 2009041561.133.46$1,438
Jun 2009139166.163.90$1,589
May 2009140154.743.93$1,629
Apr 2009143746.773.59$1,615
Mar 2009040642.144.06$1,648
Feb 2009041932.814.63$1,941
Jan 20099035.865.37$323
Dec 2008036237.105.98$2,164
Nov 200851,00855.496.86$7,193
Oct 200852,60975.246.92$18,436
Sep 200832,143101.767.88$17,186
Aug 200823,358114.228.48$28,714
Jul 200813,683131.0811.39$42,078
Jun 200812,147131.3313.03$28,112
May 2008321123.1711.57$613
Apr 20082471110.3110.45$5,145

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                   26 Mcf  × $  3.42 =        $89

────────────────────────────────────────────────────
Month total                                      $89

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/241679 is the state's own key, not one this site invented.