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 247362District 04Field 355665002 tax incentive programmesCondensateGasSaveExport
Value, all time
$396 k
Jul 2008 – Mar 2014
Value, last 12 filed months
$5 k
at the published price for each month
Months reported
69
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 Gas112010-01-21196549
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
CondensateDisposition267 bbl$18,838
GasProduction75,633 Mcf$377,224
Total$396,061

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 28.0042, -99.9426. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.00421, -99.94264 · 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
5,120 ft
1 wells filed one
Completion to plug
5.7 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 5,120 ft.

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

Last completion to plug: a median of 5.7 years across the 1 well that filed both dates, with the middle half between 5.7 years and 5.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4794019410115,120 ftJul 2008Mar 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 (69)

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

69 months

Mar 20140095.895.06$0
Feb 201405597.406.19$341
Jan 201406890.404.86$331
Dec 201306791.824.35$292
Nov 201306888.853.74$254
Oct 201306097.423.78$227
Sep 2013069104.113.72$257
Aug 2013079104.253.52$278
Jul 20133106102.523.72$702
Jun 2013013294.403.93$519
May 2013114994.834.15$713
Apr 2013015793.964.28$672
Mar 2013217693.623.91$876
Feb 2013317991.233.42$886
Jan 2013042991.603.42$1,467
Dec 2012159086.773.42$2,105
Nov 2012055186.953.62$1,997
Oct 2012252389.383.40$1,957
Sep 2012057094.672.92$1,663
Aug 2012272992.662.91$2,305
Jul 2012362385.133.02$2,137
Jun 2012248479.822.52$1,379
May 2012359591.612.49$1,755
Apr 20122778101.652.00$1,757
Mar 20123734105.052.22$1,946
Feb 20123732101.102.57$2,185
Jan 2012269198.092.73$2,085
Dec 2011486596.873.24$3,190
Nov 2011194795.723.31$3,232
Oct 20110084.983.65$0
Sep 201116583.623.99$343
Aug 2011390383.404.15$3,997
Jul 2011399794.144.52$4,786
Jun 2011597192.904.64$4,970
May 201131,03598.134.40$4,853
Apr 20113695105.964.33$3,330
Mar 2011348296.364.06$2,245
Feb 2011457285.644.18$2,734
Jan 2011366386.504.59$3,302
Dec 2010759585.734.35$3,187
Nov 2010250480.843.80$2,075
Oct 2010344378.103.51$1,789
Sep 2010486372.633.98$3,725
Aug 201051,01773.684.42$4,863
Jul 201081,13872.554.74$5,971
Jun 201051,32670.364.91$6,863
May 201041,04371.124.24$4,702
Apr 201051,00681.694.12$4,556
Mar 201041,01778.394.39$4,777
Feb 201091,75173.585.44$10,192
Jan 2010101,89674.365.96$12,052
Dec 200992,09071.445.48$12,104
Nov 2009132,06674.593.75$8,720
Oct 2009141,88072.544.11$8,743
Sep 200901,35365.543.06$4,147
Aug 200982,56767.423.22$8,801
Jul 200951,83661.133.46$6,666
Jun 200982,03566.163.90$8,456
May 2009101,84054.743.93$7,771
Apr 200962,06046.773.59$7,671
Mar 2009102,28042.144.06$9,676
Feb 2009142,13032.814.63$10,328
Jan 200983,10135.865.37$16,942
Dec 200881,94437.105.98$11,916
Nov 2008143,59755.496.86$25,454
Oct 200894,58875.246.92$32,435
Sep 200804,174101.767.88$32,879
Aug 200805,748114.228.48$48,760
Jul 20080156131.0811.39$1,777

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 2014 — as filed, then multipliedworked
Condensate             0 bbl  × $ 97.40 =         $0
Gas                   55 Mcf  × $  6.19 =       $341

────────────────────────────────────────────────────
Month total                                     $341

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/247362 is the state's own key, not one this site invented.