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 247841District 04Field 355665002 tax incentive programmesCondensateGasSaveExport
Value, all time
$326 k
Oct 2008 – Sep 2013
Value, last 12 filed months
$10 k
at the published price for each month
Months reported
60
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 Gas112010-07-27198111
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
CondensateDisposition387 bbl$27,843
GasProduction63,563 Mcf$298,202
Total$326,045

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 28.0638, -99.9895. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.06380, -99.98949 · 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
4,675 ft
1 wells filed one
Completion to plug
4.5 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 4,675 ft.

Completions filed
Oct 2008
1 of 1 wells
Plug dates filed
Apr 2013
1 of 1 wells

Last completion to plug: a median of 4.5 years across the 1 well that filed both dates, with the middle half between 4.5 years and 4.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4794034212704,675 ftOct 2008Apr 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 (60)

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

60 months

Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20131094.834.15$95
Apr 2013021693.964.28$925
Mar 2013226893.623.91$1,236
Feb 2013234491.233.42$1,359
Jan 2013333791.603.42$1,427
Dec 20121131586.773.42$2,032
Nov 2012434086.953.62$1,580
Oct 2012138489.383.40$1,395
Sep 2012036694.672.92$1,068
Aug 2012136992.662.91$1,166
Jul 2012240685.133.02$1,397
Jun 2012338579.822.52$1,209
May 2012224791.612.49$798
Apr 20125270101.652.00$1,047
Mar 20122259105.052.22$786
Feb 20122504101.102.57$1,498
Jan 2012266998.092.73$2,025
Dec 2011369096.873.24$2,526
Nov 2011175895.723.31$2,606
Oct 20110184.983.65$4
Sep 2011112783.623.99$590
Aug 20111387383.404.15$4,707
Jul 2011397294.144.52$4,673
Jun 2011492192.904.64$4,645
May 2011375098.134.40$3,598
Apr 20114798105.964.33$3,882
Mar 2011896896.364.06$4,698
Feb 20112159585.644.18$4,286
Jan 2011495586.504.59$4,728
Dec 2010231,03085.734.35$6,450
Nov 201051,09480.843.80$4,556
Oct 201051,20878.103.51$4,629
Sep 2010181,12372.633.98$5,776
Aug 2010121,17373.684.42$6,068
Jul 2010111,15072.554.74$6,245
Jun 201051,33070.364.91$6,883
May 201041,15571.124.24$5,176
Apr 201061,13281.694.12$5,157
Mar 2010161,11678.394.39$6,152
Feb 2010141,10473.585.44$7,038
Jan 201031,35774.365.96$8,316
Dec 200941,32971.445.48$7,574
Nov 200991,21674.593.75$5,233
Oct 200991,45772.544.11$6,641
Sep 200901,49665.543.06$4,585
Aug 200961,45167.423.22$5,075
Jul 200951,47661.133.46$5,419
Jun 200991,76066.163.90$7,451
May 2009141,95254.743.93$8,429
Apr 200971,78146.773.59$6,717
Mar 2009151,96242.144.06$8,596
Feb 2009102,08532.814.63$9,988
Jan 2009172,80435.865.37$15,670
Dec 2008124,79737.105.98$29,118
Nov 2008185,29655.496.86$37,331
Oct 2008224,64275.246.92$33,787

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.

May 2013 — as filed, then multipliedworked
Condensate             1 bbl  × $ 94.83 =        $95
Gas                    0 Mcf  × $  4.15 =         $0

────────────────────────────────────────────────────
Month total                                      $95

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/247841 is the state's own key, not one this site invented.