BRISCOE "G"

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 247286District 04Field 355665002 tax incentive programmesCondensateGasSaveExport
Value, all time
$330 k
Nov 2008 – Feb 2015
Value, last 12 filed months
$454
at the published price for each month
Months reported
76
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 Gas112010-06-11198439
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
CondensateDisposition920 bbl$38,460
GasProduction57,497 Mcf$291,792
Total$330,252

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 28.1277, -99.8987. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.12774, -99.89872 · 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
5,320 ft
1 wells filed one
Completion to plug
5.8 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 5,320 ft.

Completions filed
Nov 2008
1 of 1 wells
Plug dates filed
Sep 2014
1 of 1 wells

Last completion to plug: a median of 5.8 years across the 1 well that filed both dates, with the middle half between 5.8 years and 5.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4794036412765,320 ftNov 2008Sep 2014Yes

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 (76)

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

76 months

Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140189.394.04$4
Jul 20140196.564.18$4
Jun 201402398.164.74$109
May 20140394.734.73$14
Apr 201404595.944.81$216
Mar 201402195.895.06$106
Feb 20140697.406.19$37
Jan 201401190.404.86$53
Dec 20130391.824.35$13
Nov 201303388.853.74$123
Oct 20130197.423.78$4
Sep 2013027104.113.72$100
Aug 2013012104.253.52$42
Jul 201302102.523.72$7
Jun 20130194.403.93$4
May 20130194.834.15$4
Apr 20130293.964.28$9
Mar 20130693.623.91$23
Feb 20130191.233.42$3
Jan 20130191.603.42$3
Dec 20120686.773.42$21
Nov 201201286.953.62$44
Oct 201202189.383.40$71
Sep 201202394.672.92$67
Aug 201201792.662.91$49
Jul 201201185.133.02$33
Jun 20120879.822.52$20
May 20120291.612.49$5
Apr 201201101.652.00$2
Mar 201201105.052.22$2
Feb 201201101.102.57$3
Jan 20120198.092.73$3
Dec 20110196.873.24$3
Nov 20110195.723.31$3
Oct 20110184.983.65$4
Sep 20110183.623.99$4
Aug 20110183.404.15$4
Jul 20110194.144.52$5
Jun 20110192.904.64$5
May 20110198.134.40$4
Apr 201102105.964.33$9
Mar 20110296.364.06$8
Feb 20110285.644.18$8
Jan 20110386.504.59$14
Dec 20100385.734.35$13
Nov 20100380.843.80$11
Oct 20100378.103.51$11
Sep 20100372.633.98$12
Aug 20106273.684.42$451
Jul 2010174572.554.74$3,601
Jun 2010172370.364.91$3,621
May 2010079571.124.24$3,367
Apr 2010057781.694.12$2,379
Mar 2010076678.394.39$3,362
Feb 201001,24273.585.44$6,759
Jan 2010011774.365.96$698
Dec 200987371.445.48$972
Nov 200903174.593.75$116
Oct 200902072.544.11$82
Sep 20093469665.543.06$4,361
Aug 2009141,32667.423.22$5,212
Jul 200953,35961.133.46$11,943
Jun 200964,56666.163.90$18,182
May 200933,61354.743.93$14,348
Apr 200903,59246.773.59$12,886
Mar 20093822,55642.144.06$26,472
Feb 2009363,70932.814.63$18,365
Jan 20091508,05135.865.37$48,621
Dec 20082509,98937.105.98$68,981
Nov 20082410,61555.496.86$74,154

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.

Aug 2014 — as filed, then multipliedworked
Condensate             0 bbl  × $ 89.39 =         $0
Gas                    1 Mcf  × $  4.04 =         $4

────────────────────────────────────────────────────
Month total                                       $4

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/247286 is the state's own key, not one this site invented.