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 247900District 04Field 355665002 tax incentive programmesCondensateGasSaveExport
Value, all time
$97 k
Aug 2008 – Oct 2012
Value, last 12 filed months
$3 k
at the published price for each month
Months reported
51
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 Gas112010-02-23196547
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
CondensateDisposition60 bbl$4,203
GasProduction15,982 Mcf$92,778
Total$96,981

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 28.0969, -99.9629. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.09694, -99.96285 · 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
4,658 ft
1 wells filed one
Completion to plug
4.2 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 4,658 ft.

Completions filed
Aug 2008
1 of 1 wells
Plug dates filed
Oct 2012
1 of 1 wells

Last completion to plug: a median of 4.2 years across the 1 well that filed both dates, with the middle half between 4.2 years and 4.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4794030712614,658 ftAug 2008Oct 2012Yes

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 (51)

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

51 months

Oct 201201089.383.40$34
Sep 2012013294.672.92$385
Aug 2012010592.662.91$305
Jul 2012112985.133.02$475
Jun 201207779.822.52$194
May 201205891.612.49$144
Apr 2012187101.652.00$275
Mar 20121144105.052.22$425
Feb 20120114101.102.57$293
Jan 201206498.092.73$175
Dec 201105196.873.24$165
Nov 201105795.723.31$189
Oct 20110184.983.65$4
Sep 201101483.623.99$56
Aug 201107883.404.15$324
Jul 2011210494.144.52$658
Jun 2011111192.904.64$608
May 2011212898.134.40$760
Apr 20111195105.964.33$951
Mar 2011126996.364.06$1,188
Feb 2011118985.644.18$876
Jan 201107386.504.59$335
Dec 201016485.734.35$364
Nov 201005980.843.80$224
Oct 201007578.103.51$263
Sep 201007172.633.98$283
Aug 201008073.684.42$354
Jul 201005772.554.74$270
Jun 2010110970.364.91$606
May 2010012971.124.24$546
Apr 2010017981.694.12$738
Mar 20101418078.394.39$1,887
Feb 2010016273.585.44$882
Jan 2010015374.365.96$913
Dec 2009016571.445.48$905
Nov 2009015974.593.75$596
Oct 2009024872.544.11$1,019
Sep 2009031865.543.06$975
Aug 20091930267.423.22$2,253
Jul 2009036961.133.46$1,278
Jun 2009032166.163.90$1,250
May 2009038154.743.93$1,496
Apr 2009031846.773.59$1,141
Mar 20091149142.144.06$2,457
Feb 2009033832.814.63$1,566
Jan 2009043935.865.37$2,358
Dec 200811,55337.105.98$9,320
Nov 200822,89255.496.86$19,951
Oct 2008056875.246.92$3,932
Sep 20080500101.767.88$3,939
Aug 200803,112114.228.48$26,399

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.

Oct 2012 — as filed, then multipliedworked
Condensate             0 bbl  × $ 89.38 =         $0
Gas                   10 Mcf  × $  3.40 =        $34

────────────────────────────────────────────────────
Month total                                      $34

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/247900 is the state's own key, not one this site invented.