BRISCOE -H-

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 87323District 04Field 35566500NGPA filingCondensateGasSaveExport
Value, all time
$913 k
Jan 1993 – Sep 2014
Value, last 12 filed months
$34
at the published price for each month
Months reported
261
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
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
CondensateDisposition336 bbl$14,303
GasProduction231,584 Mcf$899,093
Total$913,396

55,792 Mcf of this lease's gas, across 48 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

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 28.0220, -99.9669. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.02196, -99.96688 · 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
5,200 ft
1 wells filed one
Completion to plug
33.7 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 5,200 ft.

Completions filed
Feb 1980
1 of 1 wells
Plug dates filed
Oct 2013
1 of 1 wells

Last completion to plug: a median of 33.7 years across the 1 well that filed both dates, with the middle half between 33.7 years and 33.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4793257515,200 ftFeb 1980Oct 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 (261)

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

261 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 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130997.423.78$34
Sep 2013010104.113.72$37
Aug 201302104.253.52$7
Jul 201310102.523.72$103
Jun 20130094.403.93$0
May 201315094.834.15$1,422
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130991.603.42$31
Dec 20120086.773.42$0
Nov 20120286.953.62$7
Oct 20120289.383.40$7
Sep 201201694.672.92$47
Aug 201203392.662.91$96
Jul 201202885.133.02$85
Jun 201202079.822.52$50
May 20120291.612.49$5
Apr 201201101.652.00$2
Mar 201201105.052.22$2
Feb 201201101.102.57$3
Jan 20120198.092.73$3
Dec 20110196.873.24$3
Nov 20110295.723.31$7
Oct 20110084.983.65$0
Sep 20110183.623.99$4
Aug 20110283.404.15$8
Jul 20110294.144.52$9
Jun 20110292.904.64$9
May 20114298.134.40$401
Apr 201162105.964.33$644
Mar 201164196.364.06$745
Feb 2011116985.644.18$792
Jan 2011120986.504.59$1,046
Dec 2010318985.734.35$1,079
Nov 2010123480.843.80$969
Oct 2010126378.103.51$1,001
Sep 2010228472.633.98$1,275
Aug 2010118073.684.42$869
Jul 2010235572.554.74$1,827
Jun 2010253770.364.91$2,778
May 2010355571.124.24$2,564
Apr 2010160981.694.12$2,592
Mar 2010454278.394.39$2,692
Feb 2010234773.585.44$2,036
Jan 2010134874.365.96$2,150
Dec 2009140971.445.48$2,314
Nov 2009325674.593.75$1,184
Oct 2009240372.544.11$1,802
Sep 2009461565.543.06$2,147
Aug 2009561367.423.22$2,310
Jul 200937961.133.46$457
Jun 200937766.163.90$498
May 200941154.743.93$262
Apr 200933546.773.59$266
Mar 20090342.144.06$12
Feb 200901132.814.63$51
Jan 2009210435.865.37$630
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 200801675.246.92$111
Sep 2008010101.767.88$79
Aug 20080128114.228.48$1,086
Jul 20082350131.0811.39$4,248
Jun 20081125131.3313.03$1,760
May 2008572123.1711.57$1,449
Apr 20082641110.3110.45$6,922
Mar 200821,372101.909.66$13,463
Feb 2008215492.538.77$1,536
Jan 2008385790.388.21$7,303
Dec 200721,09488.337.30$8,165
Nov 2007435291.677.29$2,933
Oct 2007095082.856.92$6,576
Sep 2007086975.846.24$5,426
Aug 200711,18769.066.39$7,652
Jul 200711,09170.906.39$7,040
Jun 200711,01962.007.55$7,754
May 200717258.747.85$624
Apr 2007111959.617.81$988
Mar 200711,03856.927.30$7,636
Feb 200711,40255.108.22$11,574
Jan 2007192950.306.73$6,300
Dec 200611,23656.656.92$8,608
Nov 200611,04554.207.62$8,014
Oct 200601,05654.906.01$6,351
Sep 2006091060.085.04$4,584
Aug 2006099068.717.34$7,267
Jul 200601,11769.376.34$7,085
Jun 2006079266.286.38$5,056
May 200601,13766.016.42$7,305
Apr 200601,09164.397.36$8,030
Mar 200601,10856.707.08$7,848
Feb 2006099057.597.75$7,674
Jan 200601,34660.598.93$12,024
Dec 200501,15554.9413.42$15,495
Nov 200501,37354.6910.59$14,538
Oct 200501,09358.3413.80$15,079
Sep 200501,25061.4512.08$15,099
Aug 200501,36561.519.80$13,373
Jul 200501,62855.697.84$12,769
Jun 200501,45252.337.38$10,717
May 200501,60545.226.65$10,675
Apr 200501,77549.207.36$13,065
Mar 200501,30650.377.15$9,344
Feb 200501,30545.226.31$8,237
Jan 2005079043.166.32$4,995
Dec 200401,33439.866.75$9,006
Nov 200401,86445.286.33$11,800
Oct 200401,90749.706.52$12,424
Sep 200401,34643.245.28$7,112
Aug 200401,74742.375.55$9,697
Jul 200401,95838.286.08$11,913
Jun 200402,18436.106.43$14,050
May 200401,83837.486.49$11,937
Apr 200402,30634.475.86$13,510
Mar 200422,05034.365.53$11,406
Feb 200401,32932.455.51$7,322
Jan 200401,73332.036.30$10,917
Dec 200322,05030.266.30$12,979
Nov 200302,34728.804.60$10,785
Oct 200302,85828.174.76$13,603
Sep 200301,50226.314.75$7,134
Aug 200301,89729.765.13$9,731
Jul 200301,96429.415.17$10,156
Jun 200301,63828.565.98$9,800
May 200302,16626.595.97$12,937
Apr 200342,42926.675.41$13,241
Mar 200312,92131.146.10$17,838
Feb 200302,53033.487.93$20,052
Jan 200302,96330.315.58$16,540
Dec 200202,46126.914.85$11,945
Nov 200202,83924.664.14$11,745
Oct 200203,56626.464.23$15,081
Sep 200202,14627.443.64$7,801
Aug 200202,63325.963.16$8,331
Jul 200201,90924.583.06$5,845
Jun 200211,91823.733.34$6,426
May 200222,45324.663.58$8,841
Apr 200202,45623.653.51$8,626
Mar 200252,41422.003.10$7,600
Feb 200202,42118.222.38$5,752
Jan 200202,75517.172.38$6,545
Dec 200162,61016.932.36$6,273
Nov 2001202,64218.072.41$6,717
Oct 2001102,90219.782.53$7,537
Sep 200101,51624.262.25$3,413
Aug 20011364324.873.05$2,286
Jul 2001063323.933.20$2,024
Jun 2001059024.563.82$2,256
May 2001058325.524.31$2,511
Apr 2001043324.685.34$2,310
Mar 20011164624.545.38$3,743
Feb 2001052627.755.77$3,033
Jan 2001061627.478.40$5,174
Dec 2000557526.889.12$5,380
Nov 2000049532.215.66$2,801
Oct 2000056331.235.15$2,897
Sep 2000057031.875.19$2,956
Aug 2000054829.644.54$2,488
Jul 20001159428.534.09$2,743
Jun 2000059029.304.40$2,594
May 2000057627.263.68$2,120
Apr 2000059424.513.12$1,851
Mar 2000055028.422.86$1,573
Feb 2000050927.622.73$1,388
Jan 20001358025.272.48$1,767
Dec 1999164424.282.42$1,585
Nov 1999058523.192.43$1,424
Oct 1999061420.982.80$1,721
Sep 1999061321.752.62$1,605
Aug 1999062619.262.88$1,800
Jul 1999063917.892.37$1,516
Jun 1999062915.942.36$1,486
May 1999066815.792.32$1,550
Apr 1999067915.102.21$1,499
Mar 1999065712.471.84$1,208
Feb 199906259.981.82$1,136
Jan 19991170710.381.90$1,457
Dec 199807399.201.77$1,310
Nov 1998068610.892.19$1,499
Oct 1998079012.421.97$1,556
Sep 1998058512.592.08$1,218
Aug 1998078711.301.91$1,501
Jul 1998062011.742.24$1,387
Jun 1998069911.242.24$1,564
May 1998177512.622.21$1,723
Apr 1998061813.042.51$1,548
Mar 1998071112.802.31$1,642
Feb 1998063013.952.30$1,448
Jan 1998070314.702.15$1,515
Dec 1997073516.322.41$1,772
Nov 1997074518.193.09$2,301
Oct 19971181919.253.15$2,791
Sep 1997074917.742.95$2,213
Aug 1997088217.862.55$2,253
Jul 1997078717.582.25$1,768
Jun 1997079017.242.26$1,783
May 1997077418.972.31$1,787
Apr 1997079217.882.08$1,650
Mar 1997080218.951.94$1,555
Feb 1997074420.492.21$1,641
Jan 1997083723.483.54$2,963
Dec 1996097123.32$0
Nov 1996088321.97$0
Oct 1996083823.31$0
Sep 1996081422.22$0
Aug 1996089220.26$0
Jul 19961292519.55$235
Jun 1996089118.73$0
May 1996094519.43$0
Apr 19961690921.51$344
Mar 1996096319.38$0
Feb 1996094216.98$0
Jan 199601,02517.07$0
Dec 1995098917.19$0
Nov 1995093316.00$0
Oct 199511,04215.43$15
Sep 199501,02416.18$0
Aug 199501,09515.92$0
Jul 1995099715.24$0
Jun 199501,12116.41$0
May 199501,12417.56$0
Apr 1995151,23217.73$266
Mar 199501,25116.44$0
Feb 199501,16616.58$0
Jan 199501,35315.92$0
Dec 199401,33615.03$0
Nov 1994111,32715.90$175
Oct 199401,46915.58$0
Sep 199401,25915.29$0
Aug 199401,36816.13$0
Jul 199401,32117.56$0
Jun 1994098217.09$0
May 1994890915.88$127
Apr 1994865614.14$113
Mar 199401,06312.46$0
Feb 1994096412.50$0
Jan 199401,36912.66$0
Dec 199301,57712.33$0
Nov 199301,54314.49$0
Oct 199381,18215.85$127
Sep 199301,39915.03$0
Aug 199301,37615.66$0
Jul 199301,48415.46$0
Jun 199301,46516.79$0
May 199371,74717.68$124
Apr 199301,31718.05$0
Mar 199301,56118.14$0
Feb 199301,24917.90$0
Jan 199301,54416.93$0

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 2013 — as filed, then multipliedworked
Condensate             0 bbl  × $ 97.42 =         $0
Gas                    9 Mcf  × $  3.78 =        $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/87323 is the state's own key, not one this site invented.