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 241680District 04Field 355665002 tax incentive programmesCondensateGasSaveExport
Value, all time
$474 k
Apr 2008 – Mar 2014
Value, last 12 filed months
$94
at the published price for each month
Months reported
72
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 Gas112008-12-17187483
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
CondensateDisposition401 bbl$26,314
GasProduction62,149 Mcf$447,285
Total$473,599

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 28.0057, -99.9590. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.00566, -99.95896 · 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
5,006 ft
1 wells filed one
Completion to plug
4.8 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 5,006 ft.

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

Last completion to plug: a median of 4.8 years across the 1 well that filed both dates, with the middle half between 4.8 years and 4.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4794007510545,006 ftApr 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 (72)

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

72 months

Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20131093.964.28$94
Mar 20131093.623.91$94
Feb 2013118591.233.42$724
Jan 2013019091.603.42$650
Dec 2012016686.773.42$568
Nov 2012015486.953.62$558
Oct 2012114789.383.40$589
Sep 2012016094.672.92$467
Aug 2012020692.662.91$599
Jul 2012117185.133.02$602
Jun 2012014679.822.52$368
May 2012115791.612.49$482
Apr 20120206101.652.00$411
Mar 20121195105.052.22$538
Feb 20121194101.102.57$600
Jan 2012118298.092.73$596
Dec 2011124596.873.24$891
Nov 2011025395.723.31$838
Oct 20110084.983.65$0
Sep 201101883.623.99$72
Aug 2011134683.404.15$1,519
Jul 2011129294.144.52$1,413
Jun 2011236792.904.64$1,889
May 2011137998.134.40$1,768
Apr 20111252105.964.33$1,198
Mar 2011118196.364.06$831
Feb 2011225785.644.18$1,246
Jan 2011231986.504.59$1,637
Dec 2010328985.734.35$1,514
Nov 2010010180.843.80$383
Oct 2010010278.103.51$358
Sep 2010113872.633.98$622
Aug 2010114773.684.42$723
Jul 2010111872.554.74$631
Jun 2010113770.364.91$743
May 2010016371.124.24$690
Apr 2010122281.694.12$997
Mar 20104522578.394.39$4,515
Feb 2010119473.585.44$1,129
Jan 2010021174.365.96$1,258
Dec 2009132471.445.48$1,848
Nov 200925174.593.75$341
Oct 200901,76372.544.11$7,246
Sep 200991,74765.543.06$5,944
Aug 200982,00667.423.22$6,996
Jul 200961,44361.133.46$5,366
Jun 2009172,07766.163.90$9,215
May 2009112,38254.743.93$9,953
Apr 2009462,05946.773.59$9,538
Mar 2009101,99342.144.06$8,511
Feb 2009341,53432.814.63$8,223
Jan 200902,15235.865.37$11,558
Dec 2008803,09337.105.98$21,455
Nov 2008243,21655.496.86$23,395
Oct 200883,19275.246.92$22,697
Sep 2008173,108101.767.88$26,212
Aug 200883,132114.228.48$27,483
Jul 200844,828131.0811.39$55,512
Jun 2008125,015131.3313.03$66,935
May 2008125,762123.1711.57$68,169
Apr 2008173,857110.3110.45$42,200

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.

Apr 2013 — as filed, then multipliedworked
Condensate             1 bbl  × $ 93.96 =        $94
Gas                    0 Mcf  × $  4.28 =         $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/241680 is the state's own key, not one this site invented.