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 247790District 04Field 355665002 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.2 M
Sep 2008 – Sep 2014
Value, last 12 filed months
$9 k
at the published price for each month
Months reported
73
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 Gas112010-07-27198108
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
CondensateDisposition1,564 bbl$113,093
GasProduction244,056 Mcf$1,104,575
Total$1,217,668

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 28.0749, -100.0046. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.07490, -100.00461 · 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
4,525 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 4,525 ft.

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

42-4794032912674,525 ftSep 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 (73)

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

73 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 20141123690.404.86$2,142
Dec 2013055991.824.35$2,434
Nov 2013453288.853.74$2,344
Oct 2013432397.423.78$1,610
Sep 20130342104.113.72$1,271
Aug 20130442104.253.52$1,557
Jul 20132609102.523.72$2,469
Jun 2013059894.403.93$2,352
May 2013365694.834.15$3,006
Apr 2013380593.964.28$3,729
Mar 2013574193.623.91$3,368
Feb 2013780491.233.42$3,388
Jan 20131572291.603.42$3,843
Dec 20121166886.773.42$3,239
Nov 2012471286.953.62$2,929
Oct 2012381989.383.40$3,052
Sep 2012085194.672.92$2,484
Aug 2012287692.662.91$2,733
Jul 2012798285.133.02$3,562
Jun 201261,56779.822.52$4,426
May 2012112,55491.612.49$7,363
Apr 2012232,419101.652.00$7,168
Mar 2012122,052105.052.22$5,820
Feb 2012152,741101.102.57$8,562
Jan 2012113,72998.092.73$11,274
Dec 2011193,75196.873.24$13,993
Nov 201144,08695.723.31$13,913
Oct 20110284.983.65$7
Sep 2011768483.623.99$3,312
Aug 2011334,67183.404.15$22,134
Jul 2011134,77194.144.52$22,776
Jun 2011204,41792.904.64$22,352
May 2011133,96398.134.40$18,732
Apr 2011233,853105.964.33$19,133
Mar 2011384,99196.364.06$23,912
Feb 2011813,94185.644.18$23,410
Jan 2011183,79986.504.59$18,990
Dec 2010833,10485.734.35$20,611
Nov 2010183,65780.843.80$15,335
Oct 2010194,54778.103.51$17,439
Sep 2010574,10872.633.98$20,488
Aug 2010414,29073.684.42$21,980
Jul 2010394,20772.554.74$22,756
Jun 2010204,95370.364.91$25,728
May 2010194,50671.124.24$20,435
Apr 2010274,49681.694.12$20,741
Mar 201004,64278.394.39$20,372
Feb 2010614,58573.585.44$29,442
Jan 2010195,69674.365.96$35,384
Dec 2009595,89671.445.48$36,547
Nov 2009414,64774.593.75$20,491
Oct 2009295,13072.544.11$23,189
Sep 2009205,56965.543.06$18,378
Aug 2009206,41267.423.22$21,985
Jul 2009376,07561.133.46$23,309
Jun 2009215,96066.163.90$24,604
May 2009476,32354.743.93$27,395
Apr 2009148,22646.773.59$30,166
Mar 20091267,45442.144.06$35,565
Feb 2009279,18132.814.63$43,421
Jan 2009508,50935.865.37$47,495
Dec 20085010,61437.105.98$65,296
Nov 20089813,80455.496.86$100,138
Oct 20084214,37475.246.92$102,657
Sep 2008522,823101.767.88$27,529

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            11 bbl  × $ 90.40 =       $994
Gas                  236 Mcf  × $  4.86 =     $1,147

────────────────────────────────────────────────────
Month total                                   $2,142

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/247790 is the state's own key, not one this site invented.