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 242287District 04Field 355665002 tax incentive programmesCondensateGasSaveExport
Value, all time
$262 k
May 2008 – Aug 2013
Value, last 12 filed months
$2 k
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 Gas112009-01-23188652
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
CondensateDisposition465 bbl$36,752
GasProduction33,120 Mcf$225,198
Total$261,949

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 27.9994, -99.9470. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

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
5,515 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 5,515 ft.

Completions filed
May 2008
1 of 1 wells
Plug dates filed
Apr 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

42-4794011010105,515 ftMay 2008Apr 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

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 20130093.623.91$0
Feb 201318591.233.42$382
Jan 201309591.603.42$325
Dec 201206286.773.42$212
Nov 201206186.953.62$221
Oct 201206789.383.40$228
Sep 201207094.672.92$204
Aug 201208192.662.91$236
Jul 2012111385.133.02$426
Jun 2012011679.822.52$292
May 2012116391.612.49$497
Apr 20120157101.652.00$314
Mar 20121167105.052.22$476
Feb 20121189101.102.57$587
Jan 2012123098.092.73$727
Dec 2011128996.873.24$1,033
Nov 2011030095.723.31$993
Oct 20110084.983.65$0
Sep 201102783.623.99$108
Aug 2011333883.404.15$1,653
Jul 2011135494.144.52$1,693
Jun 2011455192.904.64$2,928
May 2011289498.134.40$4,134
Apr 20112413105.964.33$2,002
Mar 2011330896.364.06$1,539
Feb 2011229485.644.18$1,400
Jan 2011238686.504.59$1,944
Dec 20108437185.734.35$8,814
Nov 2010241180.843.80$1,722
Oct 2010246578.103.51$1,788
Sep 2010348372.633.98$2,140
Aug 2010259073.684.42$2,755
Jul 2010250772.554.74$2,547
Jun 2010147470.364.91$2,398
May 201019071.124.24$452
Apr 201012681.694.12$189
Mar 2010136378.394.39$1,671
Feb 2010239273.585.44$2,281
Jan 2010243574.365.96$2,743
Dec 2009358271.445.48$3,406
Nov 2009348774.593.75$2,051
Oct 2009128872.544.11$1,256
Sep 2009154765.543.06$1,742
Aug 2009257867.423.22$1,995
Jul 200912658461.133.46$9,726
Jun 2009368766.163.90$2,874
May 2009869454.743.93$3,162
Apr 2009398046.773.59$3,656
Mar 200951,02242.144.06$4,359
Feb 2009493532.814.63$4,463
Jan 2009171,54635.865.37$8,913
Dec 2008171,46837.105.98$9,405
Nov 200871,81255.496.86$12,819
Oct 2008410675.246.92$1,035
Sep 200897371101.767.88$12,793
Aug 20083521114.228.48$4,762
Jul 200801,977131.0811.39$22,517
Jun 2008104,061131.3313.03$54,239
May 2008223,457123.1711.57$42,722

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             1 bbl  × $ 91.23 =        $91
Gas                   85 Mcf  × $  3.42 =       $291

────────────────────────────────────────────────────
Month total                                     $382

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/242287 is the state's own key, not one this site invented.