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 247309District 04Field 355665002 tax incentive programmesCondensateGasSaveExport
Value, all time
$124 k
Jul 2008 – Nov 2013
Value, last 12 filed months
$6 k
at the published price for each month
Months reported
65
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 Gas112010-01-21196548
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
CondensateDisposition252 bbl$22,523
GasProduction17,349 Mcf$101,775
Total$124,298

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 28.0479, -99.9977. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.04793, -99.99767 · 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
4,624 ft
1 wells filed one
Completion to plug
5.3 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 4,624 ft.

Completions filed
Jul 2008
1 of 1 wells
Plug dates filed
Nov 2013
1 of 1 wells

Last completion to plug: a median of 5.3 years across the 1 well that filed both dates, with the middle half between 5.3 years and 5.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-479397643084,624 ftJul 2008Nov 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 (65)

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

65 months

Nov 20130088.853.74$0
Oct 20130297.423.78$8
Sep 2013015104.113.72$56
Aug 2013059104.253.52$208
Jul 20130106102.523.72$394
Jun 2013010094.403.93$393
May 2013010994.834.15$452
Apr 2013113493.964.28$668
Mar 2013111193.623.91$528
Feb 2013115291.233.42$611
Jan 2013217491.603.42$778
Dec 20121115786.773.42$1,491
Nov 2012416186.953.62$931
Oct 2012117489.383.40$681
Sep 2012018794.672.92$546
Aug 2012017792.662.91$515
Jul 2012119685.133.02$677
Jun 2012015679.822.52$393
May 201208291.612.49$204
Apr 2012076101.652.00$152
Mar 2012064105.052.22$142
Feb 2012085101.102.57$218
Jan 2012011998.092.73$325
Dec 2011112496.873.24$499
Nov 2011013595.723.31$447
Oct 20110184.983.65$4
Sep 201102283.623.99$88
Aug 20111115783.404.15$1,569
Jul 2011119194.144.52$957
Jun 2011229192.904.64$1,536
May 2011146098.134.40$2,124
Apr 20111231105.964.33$1,107
Mar 2011115296.364.06$713
Feb 2011110685.644.18$529
Jan 2011112986.504.59$678
Dec 2010814185.734.35$1,299
Nov 2010115480.843.80$665
Oct 2010117578.103.51$692
Sep 2010112872.633.98$582
Aug 20101913573.684.42$1,997
Jul 2010314872.554.74$919
Jun 2010219370.364.91$1,088
May 20105076871.124.24$6,809
Apr 201051,01881.694.12$4,605
Mar 20101163078.394.39$3,627
Feb 2010010673.585.44$577
Jan 201005574.365.96$328
Dec 2009012471.445.48$680
Nov 2009212474.593.75$614
Oct 2009114372.544.11$660
Sep 200919965.543.06$369
Aug 2009014767.423.22$473
Jul 2009019161.133.46$662
Jun 2009111266.163.90$502
May 2009219354.743.93$867
Apr 2009122646.773.59$858
Mar 2009512542.144.06$718
Feb 2009163932.814.63$2,993
Jan 200949935.865.37$675
Dec 2008038537.105.98$2,301
Nov 2008354655.496.86$3,912
Oct 2008159675.246.92$4,201
Sep 200816939101.767.88$9,025
Aug 2008452,703114.228.48$28,070
Jul 2008261,712131.0811.39$22,907

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.

Oct 2013 — as filed, then multipliedworked
Condensate             0 bbl  × $ 97.42 =         $0
Gas                    2 Mcf  × $  3.78 =         $8

────────────────────────────────────────────────────
Month total                                       $8

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/247309 is the state's own key, not one this site invented.