BRISCOE "B"

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 247310District 04Field 355665002 tax incentive programmesCondensateGasSaveExport
Value, all time
$387 k
Jul 2008 – Sep 2014
Value, last 12 filed months
$20 k
at the published price for each month
Months reported
75
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 Gas112010-01-21196546
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
CondensateDisposition486 bbl$43,417
GasProduction75,016 Mcf$343,261
Total$386,678

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 28.0974, -99.9889. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.09739, -99.98888 · 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
4,840 ft
1 wells filed one
Completion to plug
5.5 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 4,840 ft.

Completions filed
Jul 2008
1 of 1 wells
Plug dates filed
Jan 2014
1 of 1 wells

Last completion to plug: a median of 5.5 years across the 1 well that filed both dates, with the middle half between 5.5 years and 5.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4794013011984,840 ftJul 2008Jan 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 (75)

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

75 months

Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 201417090.404.86$1,537
Dec 2013373591.824.35$3,550
Nov 201301,31488.853.74$4,912
Oct 2013381,56897.423.78$9,628
Sep 2013181,896104.113.72$8,923
Aug 2013281,870104.253.52$9,506
Jul 201351,954102.523.72$7,777
Jun 201301,35294.403.93$5,318
May 201351,37394.834.15$6,171
Apr 201301,33793.964.28$5,726
Mar 201371,33793.623.91$5,887
Feb 2013451,07291.233.42$7,771
Jan 20131894491.603.42$4,877
Dec 20125286186.773.42$7,457
Nov 20121970186.953.62$4,193
Oct 2012277189.383.40$2,800
Sep 2012074394.672.92$2,168
Aug 2012276292.662.91$2,401
Jul 2012498785.133.02$3,322
Jun 2012265579.822.52$1,810
May 2012266091.612.49$1,826
Apr 20122534101.652.00$1,270
Mar 20123574105.052.22$1,591
Feb 20123705101.102.57$2,115
Jan 2012268398.092.73$2,064
Dec 2011356996.873.24$2,134
Nov 2011171595.723.31$2,463
Oct 20110184.983.65$4
Sep 2011115683.623.99$705
Aug 2011379383.404.15$3,541
Jul 2011481894.144.52$4,072
Jun 201171,22492.904.64$6,330
May 201181,23498.134.40$6,221
Apr 201191,186105.964.33$6,093
Mar 201171,36296.364.06$6,201
Feb 20111780585.644.18$4,821
Jan 2011485986.504.59$4,288
Dec 2010980385.734.35$4,263
Nov 2010474080.843.80$3,132
Oct 2010491678.103.51$3,527
Sep 2010689572.633.98$3,997
Aug 201051,02273.684.42$4,885
Jul 2010577172.554.74$4,015
Jun 201051,20570.364.91$6,269
May 201021,17971.124.24$5,136
Apr 201051,14181.694.12$5,112
Mar 201011,07078.394.39$4,774
Feb 2010295773.585.44$5,356
Jan 2010479974.365.96$5,063
Dec 200951,21971.445.48$7,042
Nov 200941,18774.593.75$4,751
Oct 200921,34072.544.11$5,653
Sep 200921,54865.543.06$4,875
Aug 200921,30467.423.22$4,332
Jul 200921,27661.133.46$4,543
Jun 200931,34066.163.90$5,418
May 200941,79454.743.93$7,262
Apr 200911,59946.773.59$5,783
Mar 200931,57142.144.06$6,503
Feb 200901,62932.814.63$7,547
Jan 200931,72635.865.37$9,378
Dec 200831,68937.105.98$10,207
Nov 200831,89755.496.86$13,181
Oct 200821,98975.246.92$13,918
Sep 2008161,855101.767.88$16,240
Aug 200841,589114.228.48$13,936
Jul 200802,556131.0811.39$29,111

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.

Jan 2014 — as filed, then multipliedworked
Condensate            17 bbl  × $ 90.40 =     $1,537
Gas                    0 Mcf  × $  4.86 =         $0

────────────────────────────────────────────────────
Month total                                   $1,537

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/247310 is the state's own key, not one this site invented.