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 242288District 04Field 355665002 tax incentive programmesCondensateGasSaveExport
Value, all time
$193 k
Jun 2008 – May 2013
Value, last 12 filed months
$2 k
at the published price for each month
Months reported
60
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 Gas112009-01-23188650
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
CondensateDisposition52 bbl$3,942
GasProduction29,107 Mcf$188,881
Total$192,823

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 28.0358, -99.9511. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.03580, -99.95109 · 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
4,950 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 4,950 ft.

Completions filed
Jun 2008
1 of 1 wells
Plug dates filed
Nov 2012
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

42-4794010110854,950 ftJun 2008Nov 2012Yes

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 (60)

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

60 months

May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20121086.773.42$87
Nov 20120086.953.62$0
Oct 201208289.383.40$279
Sep 201208694.672.92$251
Aug 201209392.662.91$270
Jul 2012110485.133.02$399
Jun 201209679.822.52$242
May 2012010291.612.49$254
Apr 2012080101.652.00$160
Mar 20121123105.052.22$378
Feb 20120154101.102.57$396
Jan 2012014798.092.73$402
Dec 201105996.873.24$191
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 201102105.964.33$9
Mar 20110296.364.06$8
Feb 20113185.644.18$261
Jan 20110286.504.59$9
Dec 20100185.734.35$4
Nov 20100180.843.80$4
Oct 20100278.103.51$7
Sep 20100272.633.98$8
Aug 201012273.684.42$171
Jul 2010121572.554.74$1,091
Jun 2010123670.364.91$1,229
May 2010147371.124.24$2,074
Apr 2010135881.694.12$1,558
Mar 2010129778.394.39$1,382
Feb 2010167973.585.44$3,769
Jan 2010273674.365.96$4,538
Dec 2009281271.445.48$4,596
Nov 2009377274.593.75$3,120
Oct 2009457372.544.11$2,645
Sep 200911,25265.543.06$3,903
Aug 200921,45767.423.22$4,824
Jul 200901,18761.133.46$4,112
Jun 2009185966.163.90$3,412
May 2009098454.743.93$3,863
Apr 2009078846.773.59$2,827
Mar 2009055542.144.06$2,253
Feb 2009095532.814.63$4,425
Jan 200961,04835.865.37$5,844
Dec 200851,18837.105.98$7,286
Nov 200811,16955.496.86$8,075
Oct 200802,39975.246.92$16,606
Sep 200811,500101.767.88$11,917
Aug 2008112,492114.228.48$22,396
Jul 200801,998131.0811.39$22,756
Jun 200802,953131.3313.03$38,485

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.

Dec 2012 — as filed, then multipliedworked
Condensate             1 bbl  × $ 86.77 =        $87
Gas                    0 Mcf  × $  3.42 =         $0

────────────────────────────────────────────────────
Month total                                      $87

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/242288 is the state's own key, not one this site invented.