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 241699District 04Field 355665002 tax incentive programmesCondensateGasSaveExport
Value, all time
$344 k
Jan 2008 – Jun 2013
Value, last 12 filed months
$765
at the published price for each month
Months reported
66
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 Gas112008-12-17187489
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
CondensateDisposition138 bbl$8,437
GasProduction45,387 Mcf$335,454
Total$343,892

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 28.0332, -99.9565. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.03317, -99.95645 · 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
5,026 ft
1 wells filed one
Completion to plug
4.4 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 5,026 ft.

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

Last completion to plug: a median of 4.4 years across the 1 well that filed both dates, with the middle half between 4.4 years and 4.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4793998910865,026 ftOct 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 (66)

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

66 months

Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 201303191.233.42$106
Jan 201302991.603.42$99
Dec 201203086.773.42$103
Nov 201202886.953.62$102
Oct 201203189.383.40$105
Sep 201204294.672.92$123
Aug 201202392.662.91$67
Jul 201202085.133.02$60
Jun 201202779.822.52$68
May 201201991.612.49$47
Apr 2012015101.652.00$30
Mar 2012014105.052.22$31
Feb 2012011101.102.57$28
Jan 20120298.092.73$5
Dec 20110296.873.24$6
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110283.623.99$8
Aug 20110383.404.15$12
Jul 20110394.144.52$14
Jun 20110492.904.64$19
May 20110498.134.40$18
Apr 201104105.964.33$17
Mar 20110496.364.06$16
Feb 20110385.644.18$13
Jan 20110286.504.59$9
Dec 20100285.734.35$9
Nov 20100380.843.80$11
Oct 20100378.103.51$11
Sep 20101372.633.98$85
Aug 2010110673.684.42$542
Jul 2010126772.554.74$1,337
Jun 2010234570.364.91$1,835
May 2010352371.124.24$2,428
Apr 2010491381.694.12$4,091
Mar 2010695178.394.39$4,644
Feb 2010359573.585.44$3,459
Jan 2010142674.365.96$2,615
Dec 2009547171.445.48$2,940
Nov 2009132174.593.75$1,279
Oct 2009578372.544.11$3,581
Sep 2009988065.543.06$3,287
Aug 2009890567.423.22$3,452
Jul 2009582461.133.46$3,160
Jun 2009873366.163.90$3,384
May 2009101,08454.743.93$4,803
Apr 2009698646.773.59$3,818
Mar 200902,28042.144.06$9,255
Feb 2009392,17832.814.63$11,370
Jan 200921,10535.865.37$6,007
Dec 2008058837.105.98$3,515
Nov 200831,67755.496.86$11,671
Oct 200821,70675.246.92$11,959
Sep 200831,685101.767.88$13,578
Aug 200822,532114.228.48$21,707
Jul 200822,182131.0811.39$25,114
Jun 200812,215131.3313.03$28,999
May 200831,527123.1711.57$18,043
Apr 200821,430110.3110.45$15,171
Mar 200804,889101.909.66$47,248
Feb 200806,05692.538.77$53,115
Jan 200801,86090.388.21$15,263

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                   31 Mcf  × $  3.42 =       $106

────────────────────────────────────────────────────
Month total                                     $106

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/241699 is the state's own key, not one this site invented.