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 247873District 04Field 355665002 tax incentive programmesCondensateGasSaveExport
Value, all time
$711 k
Oct 2008 – May 2014
Value, last 12 filed months
$5 k
at the published price for each month
Months reported
68
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 Gas112010-07-27198113
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
CondensateDisposition837 bbl$54,195
GasProduction135,253 Mcf$656,835
Total$711,030

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 28.0590, -100.0073. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.05904, -100.00731 · 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
4,595 ft
1 wells filed one
Completion to plug
5.6 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 4,595 ft.

Completions filed
Oct 2008
1 of 1 wells
Plug dates filed
May 2014
1 of 1 wells

Last completion to plug: a median of 5.6 years across the 1 well that filed both dates, with the middle half between 5.6 years and 5.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4794034412714,595 ftOct 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 (68)

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

68 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 20130438104.253.52$1,543
Jul 20136324102.523.72$1,820
Jun 2013043194.403.93$1,695
May 2013251394.834.15$2,318
Apr 2013249193.964.28$2,291
Mar 2013342893.623.91$1,956
Feb 2013247491.233.42$1,804
Jan 2013253091.603.42$1,996
Dec 20121839686.773.42$2,916
Nov 2012043786.953.62$1,584
Oct 2012249489.383.40$1,858
Sep 2012061994.672.92$1,806
Aug 2012146292.662.91$1,436
Jul 2012349085.133.02$1,736
Jun 2012253979.822.52$1,517
May 2012366491.612.49$1,927
Apr 20123594101.652.00$1,491
Mar 20122549105.052.22$1,430
Feb 20123558101.102.57$1,737
Jan 2012284898.092.73$2,515
Dec 2011468296.873.24$2,597
Nov 2011193795.723.31$3,198
Oct 20110084.983.65$0
Sep 2011110783.623.99$510
Aug 20112972283.404.15$5,414
Jul 2011282994.144.52$3,933
Jun 2011368692.904.64$3,462
May 2011272698.134.40$3,394
Apr 20112496105.964.33$2,361
Mar 2011527196.364.06$1,581
Feb 20111087685.644.18$4,518
Jan 201161,07686.504.59$5,457
Dec 20107299485.734.35$10,494
Nov 201061,26980.843.80$5,301
Oct 201061,37778.103.51$5,300
Sep 2010101,24672.633.98$5,685
Aug 2010381,28373.684.42$8,470
Jul 2010201,20772.554.74$7,168
Jun 201051,29470.364.91$6,706
May 201061,18471.124.24$5,441
Apr 2010131,14781.694.12$5,791
Mar 2010431,86878.394.39$11,569
Feb 2010221,56973.585.44$10,158
Jan 2010131,19174.365.96$8,070
Dec 2009133,25271.445.48$18,762
Nov 2009202,75874.593.75$11,838
Oct 2009102,26572.544.11$10,035
Sep 2009122,90965.543.06$9,702
Aug 2009103,53967.423.22$12,064
Jul 2009323,59561.133.46$14,411
Jun 2009192,65766.163.90$11,606
May 2009595,45754.743.93$24,652
Apr 2009285,33946.773.59$20,463
Mar 2009557,57742.144.06$33,073
Feb 2009408,82632.814.63$42,203
Jan 20096115,58235.865.37$85,878
Dec 20084516,98337.105.98$103,179
Nov 20084116,97055.496.86$118,695
Oct 2008174,21475.246.92$30,448

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/247873 is the state's own key, not one this site invented.