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 87324District 04Field 35566500NGPA filingCondensateGasSaveExport
Value, all time
$407 k
Jan 1993 – Sep 2014
Value, last 12 filed months
$292
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
CondensateDisposition226 bbl$8,295
GasProduction129,617 Mcf$398,274
Total$406,569

44,481 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 28.0190, -99.9560. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.01903, -99.95603 · 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
5,053 ft
1 wells filed one
Completion to plug
33.6 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 5,053 ft.

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

Last completion to plug: a median of 33.6 years across the 1 well that filed both dates, with the middle half between 33.6 years and 33.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4793257625,053 ftMar 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 20133097.423.78$292
Sep 2013010104.113.72$37
Aug 20130194104.253.52$683
Jul 20131197102.523.72$835
Jun 2013016194.403.93$633
May 2013519894.834.15$1,296
Apr 2013119893.964.28$942
Mar 2013156993.623.91$2,320
Feb 2013112191.233.42$505
Jan 2013011391.603.42$386
Dec 2012011386.773.42$386
Nov 2012010286.953.62$370
Oct 2012010689.383.40$360
Sep 2012011994.672.92$347
Aug 201204292.662.91$122
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201207105.052.22$16
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 201114096.873.24$226
Nov 2011010395.723.31$341
Oct 20110084.983.65$0
Sep 201101383.623.99$52
Aug 2011113283.404.15$631
Jul 2011013194.144.52$592
Jun 2011115292.904.64$798
May 2011117198.134.40$851
Apr 20111145105.964.33$734
Mar 2011115696.364.06$729
Feb 201118485.644.18$437
Jan 2011112286.504.59$646
Dec 2010210885.734.35$641
Nov 2010113480.843.80$589
Oct 2010115078.103.51$604
Sep 2010116272.633.98$717
Aug 2010120173.684.42$962
Jul 2010123772.554.74$1,195
Jun 2010130770.364.91$1,578
May 2010018671.124.24$788
Apr 20100281.694.12$8
Mar 20101378.394.39$92
Feb 2010012173.585.44$659
Jan 2010229374.365.96$1,896
Dec 20090371.445.48$16
Nov 2009014274.593.75$533
Oct 200919872.544.11$475
Sep 2009025065.543.06$766
Aug 2009022567.423.22$724
Jul 2009023861.133.46$825
Jun 2009124166.163.90$1,005
May 2009224154.743.93$1,056
Apr 2009127846.773.59$1,044
Mar 2009027342.144.06$1,108
Feb 2009022632.814.63$1,047
Jan 2009023035.865.37$1,235
Dec 2008025537.105.98$1,524
Nov 2008032455.496.86$2,223
Oct 2008024975.246.92$1,724
Sep 20081169101.767.88$1,433
Aug 20080231114.228.48$1,960
Jul 20080304131.0811.39$3,462
Jun 20080297131.3313.03$3,871
May 20082351123.1711.57$4,309
Apr 20082336110.3110.45$3,733
Mar 20084391101.909.66$4,186
Feb 2008039092.538.77$3,421
Jan 2008143690.388.21$3,668
Dec 2007139188.337.30$2,943
Nov 2007141391.677.29$3,103
Oct 2007038782.856.92$2,679
Sep 2007036075.846.24$2,248
Aug 2007136869.066.39$2,420
Jul 2007135670.906.39$2,345
Jun 2007140362.007.55$3,104
May 2007140158.747.85$3,205
Apr 2007142059.617.81$3,338
Mar 2007142256.927.30$3,138
Feb 2007169755.108.22$5,782
Jan 2007142550.306.73$2,909
Dec 2006143156.656.92$3,039
Nov 2006142554.207.62$3,292
Oct 2006043354.906.01$2,604
Sep 2006037860.085.04$1,904
Aug 2006039668.717.34$2,907
Jul 2006042069.376.34$2,664
Jun 2006041966.286.38$2,675
May 2006047666.016.42$3,058
Apr 2006045064.397.36$3,312
Mar 2006041656.707.08$2,946
Feb 2006041457.597.75$3,209
Jan 2006041360.598.93$3,689
Dec 2005045354.9413.42$6,077
Nov 2005046754.6910.59$4,945
Oct 2005041258.3413.80$5,684
Sep 2005040061.4512.08$4,832
Aug 2005046161.519.80$4,516
Jul 2005042455.697.84$3,326
Jun 2005038652.337.38$2,849
May 2005036445.226.65$2,421
Apr 2005036949.207.36$2,716
Mar 2005038650.377.15$2,762
Feb 2005037645.226.31$2,373
Jan 2005038343.166.32$2,421
Dec 2004035639.866.75$2,403
Nov 2004035845.286.33$2,266
Oct 2004034449.706.52$2,241
Sep 2004037943.245.28$2,003
Aug 2004043442.375.55$2,409
Jul 2004046038.286.08$2,799
Jun 2004032936.106.43$2,116
May 2004047937.486.49$3,111
Apr 2004055434.475.86$3,246
Mar 2004049634.365.53$2,743
Feb 2004047932.455.51$2,639
Jan 2004049932.036.30$3,144
Dec 2003056030.266.30$3,529
Nov 2003054228.804.60$2,491
Oct 2003055828.174.76$2,656
Sep 2003047626.314.75$2,261
Aug 2003054429.765.13$2,791
Jul 2003059229.415.17$3,061
Jun 2003055728.565.98$3,333
May 2003063826.595.97$3,811
Apr 2003160826.675.41$3,314
Mar 2003068631.146.10$4,182
Feb 2003064933.487.93$5,144
Jan 2003069430.315.58$3,874
Dec 2002071026.914.85$3,446
Nov 2002060924.664.14$2,519
Oct 2002063826.464.23$2,698
Sep 2002048127.443.64$1,749
Aug 2002059125.963.16$1,870
Jul 2002057224.583.06$1,751
Jun 2002058923.733.34$1,966
May 2002163124.663.58$2,286
Apr 2002063323.653.51$2,223
Mar 2002156722.003.10$1,781
Feb 2002052618.222.38$1,250
Jan 2002050317.172.38$1,195
Dec 2001250116.932.36$1,218
Nov 2001549918.072.41$1,291
Oct 2001552719.782.53$1,432
Sep 2001060124.262.25$1,353
Aug 20011358524.873.05$2,109
Jul 2001059723.933.20$1,909
Jun 2001057724.563.82$2,207
May 2001057225.524.31$2,464
Apr 2001043324.685.34$2,310
Mar 20011161124.545.38$3,555
Feb 2001049227.755.77$2,837
Jan 2001060927.478.40$5,115
Dec 2000557826.889.12$5,407
Nov 2000048532.215.66$2,744
Oct 2000058731.235.15$3,020
Sep 2000060831.875.19$3,153
Aug 2000064629.644.54$2,933
Jul 20001369428.534.09$3,209
Jun 2000066729.304.40$2,933
May 2000063227.263.68$2,326
Apr 2000068124.513.12$2,122
Mar 2000065128.422.86$1,862
Feb 2000060027.622.73$1,636
Jan 20001575425.272.48$2,249
Dec 1999176324.282.42$1,874
Nov 1999072423.192.43$1,762
Oct 1999079420.982.80$2,226
Sep 1999077021.752.62$2,017
Aug 1999073519.262.88$2,114
Jul 1999071017.892.37$1,684
Jun 1999071915.942.36$1,698
May 1999079515.792.32$1,845
Apr 1999076015.102.21$1,678
Mar 1999066012.471.84$1,213
Feb 199906219.981.82$1,129
Jan 19991168510.381.90$1,416
Dec 199807099.201.77$1,257
Nov 1998060410.892.19$1,320
Oct 1998066212.421.97$1,304
Sep 1998058512.592.08$1,218
Aug 1998073711.301.91$1,406
Jul 1998061611.742.24$1,378
Jun 1998070511.242.24$1,577
May 1998170012.622.21$1,557
Apr 1998060313.042.51$1,511
Mar 1998070812.802.31$1,635
Feb 1998059013.952.30$1,356
Jan 1998064814.702.15$1,396
Dec 1997067416.322.41$1,625
Nov 1997067618.193.09$2,088
Oct 19971273819.253.15$2,556
Sep 1997068417.742.95$2,021
Aug 1997072817.862.55$1,860
Jul 1997073217.582.25$1,645
Jun 1997068217.242.26$1,539
May 1997060618.972.31$1,399
Apr 1997067217.882.08$1,400
Mar 1997075418.951.94$1,462
Feb 1997071820.492.21$1,584
Jan 1997078523.483.54$2,779
Dec 1996089123.32$0
Nov 1996082821.97$0
Oct 1996082423.31$0
Sep 1996071122.22$0
Aug 1996084220.26$0
Jul 19961188019.55$215
Jun 1996080018.73$0
May 1996084519.43$0
Apr 19961382821.51$280
Mar 1996081619.38$0
Feb 1996078716.98$0
Jan 1996089017.07$0
Dec 1995087717.19$0
Nov 1995083016.00$0
Oct 1995186215.43$15
Sep 1995082816.18$0
Aug 1995093015.92$0
Jul 1995074815.24$0
Jun 1995086516.41$0
May 1995092217.56$0
Apr 1995141,00217.73$248
Mar 199501,05316.44$0
Feb 1995097916.58$0
Jan 199501,06715.92$0
Dec 199401,13715.03$0
Nov 199491,14315.90$143
Oct 199401,10315.58$0
Sep 1994093215.29$0
Aug 199401,02616.13$0
Jul 199401,03317.56$0
Jun 1994076617.09$0
May 1994662715.88$95
Apr 1994781314.14$99
Mar 199401,04012.46$0
Feb 1994080812.50$0
Jan 199401,05012.66$0
Dec 199301,05512.33$0
Nov 199301,08714.49$0
Oct 199351,03415.85$79
Sep 1993094915.03$0
Aug 1993089315.66$0
Jul 199301,00415.46$0
Jun 199301,06116.79$0
May 199351,09117.68$88
Apr 1993091018.05$0
Mar 199301,09018.14$0
Feb 1993091717.90$0
Jan 199301,00716.93$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             3 bbl  × $ 97.42 =       $292
Gas                    0 Mcf  × $  3.78 =         $0

────────────────────────────────────────────────────
Month total                                     $292

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/87324 is the state's own key, not one this site invented.