BRISCOE J GU3 STATE 34
BRISCOE J GU3 STATE 34 is a Texas gas lease in Webb County, Railroad Commission district 01, operated by SM Energy Company. It has 1 wellbore on file with the Commission. Reported production runs from November 2015 to August 2026, totalling 2,303,555 thousand cubic feet. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values the whole lease — a 100% undivided interest — at about $24K, with roughly $22K expected over the next twelve months. An individual royalty owner receives their own decimal interest times that figure. Over the last twelve months on file it averaged 7,333 thousand cubic feet a month. Its strongest month on the record we hold was May 2016, at 76,261 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 17% of what they went on to produce, and that measured error is the range shown on the page rather than a confidence of our own devising.
Key facts about BRISCOE J GU3 STATE 34
- Who operates BRISCOE J GU3 STATE 34?
- BRISCOE J GU3 STATE 34 is operated by SM Energy Company, Railroad Commission of Texas operator number 788997.
- Where is BRISCOE J GU3 STATE 34?
- BRISCOE J GU3 STATE 34 is a Texas gas lease in Webb County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 280875.
- Is BRISCOE J GU3 STATE 34 still producing?
- BRISCOE J GU3 STATE 34 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BRISCOE J GU3 STATE 34 is August 2026.
- How much has BRISCOE J GU3 STATE 34 produced?
- BRISCOE J GU3 STATE 34 has reported 2,303,555 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between November 2015 and August 2026, from 1 wellbore.
- How much is BRISCOE J GU3 STATE 34 worth?
- The remaining production from BRISCOE J GU3 STATE 34 is estimated to be worth about $24K in total as of 26 August 2026, within a range of $20K to $28K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BRISCOE J GU3 STATE 34 is a fraction of it. The estimate fits an Arps decline curve to the production BRISCOE J GU3 STATE 34 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BRISCOE J GU3 STATE 34 is an estimate of value, not an offer and not an appraisal.
- How much income does BRISCOE J GU3 STATE 34 generate in a year?
- BRISCOE J GU3 STATE 34 is forecast to net about $22K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in BRISCOE J GU3 STATE 34 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | SM Energy Company |
|---|---|
| Field | Briscoe Ranch (Eagleford) |
| County | Webb County, Texas |
| RRC district | 01 |
| Lease number | 280875 |
| Wellbores | 1 |
| Reported production | 2,303,555 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $24K |
Where BRISCOE J GU3 STATE 34 sits
Source: Railroad Commission of Texas lease production records, complete through . Figures on this page were computed on .
Production figures are as reported to the Railroad Commission of Texas. The value shown is an estimate produced by fitting a decline curve to that reported history; it is not an offer or an appraisal. How this estimate is calculated.