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 247370District 04Field 355665002 tax incentive programmesCondensateGasSaveExport
Value, all time
$72 k
Sep 2008 – May 2014
Value, last 12 filed months
$2 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 Gas112010-07-27198105
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
CondensateDisposition115 bbl$9,197
GasProduction12,484 Mcf$62,855
Total$72,052

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 28.0463, -99.9890. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.04625, -99.98897 · 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
4,619 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 4,619 ft.

Completions filed
Sep 2008
1 of 1 wells
Plug dates filed
May 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

42-4794031111004,619 ftSep 2008May 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

May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140295.895.06$10
Feb 20140297.406.19$12
Jan 20140290.404.86$10
Dec 20130291.824.35$9
Nov 20130288.853.74$7
Oct 20130297.423.78$8
Sep 201302104.113.72$7
Aug 2013070104.253.52$247
Jul 20133164102.523.72$917
Jun 2013016094.403.93$629
May 2013216494.834.15$870
Apr 2013120193.964.28$955
Mar 2013119293.623.91$845
Feb 2013123091.233.42$878
Jan 2013217491.603.42$778
Dec 20121115786.773.42$1,491
Nov 2012419086.953.62$1,037
Oct 2012121889.383.40$831
Sep 2012024194.672.92$703
Aug 2012018592.662.91$538
Jul 2012118485.133.02$641
Jun 2012213179.822.52$490
May 201208091.612.49$199
Apr 2012077101.652.00$154
Mar 2012064105.052.22$142
Feb 2012188101.102.57$327
Jan 2012012898.092.73$350
Dec 2011119096.873.24$712
Nov 2011022495.723.31$742
Oct 20110184.983.65$4
Sep 201103983.623.99$155
Aug 20111024483.404.15$1,846
Jul 2011122094.144.52$1,088
Jun 2011119992.904.64$1,016
May 201105398.134.40$233
Apr 2011030105.964.33$130
Mar 201116596.364.06$360
Feb 2011115185.644.18$717
Jan 2011112286.504.59$646
Dec 201017185.734.35$394
Nov 201008380.843.80$315
Oct 201009678.103.51$337
Sep 201018172.633.98$395
Aug 201008473.684.42$371
Jul 201008272.554.74$388
Jun 2010010370.364.91$506
May 2010010671.124.24$449
Apr 2010011181.694.12$458
Mar 2010010878.394.39$474
Feb 201009073.585.44$490
Jan 2010010874.365.96$644
Dec 200909771.445.48$532
Nov 200912674.593.75$172
Oct 2009118272.544.11$821
Sep 2009017465.543.06$533
Aug 2009116767.423.22$605
Jul 2009021161.133.46$731
Jun 2009118366.163.90$779
May 2009119554.743.93$820
Apr 2009120046.773.59$764
Mar 2009120742.144.06$882
Feb 2009019032.814.63$880
Jan 20092019635.865.37$1,770
Dec 2008134937.105.98$2,123
Nov 2008367655.496.86$4,804
Oct 200822,66675.246.92$18,604
Sep 200834992101.767.88$11,274

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.

Mar 2014 — as filed, then multipliedworked
Condensate             0 bbl  × $ 95.89 =         $0
Gas                    2 Mcf  × $  5.06 =        $10

────────────────────────────────────────────────────
Month total                                      $10

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/247370 is the state's own key, not one this site invented.