BRACKEN ET AL

Operated by SWIFT ENERGY OPERATING, LLC (P-5 833348) in the A.W.P. (OLMOS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 147784District 01Field 002565002 tax incentive programmesCondensateGasSaveExport
Value, all time
$510 k
Dec 1993 – May 2007
Value, last 12 filed months
$0
at the published price for each month
Months reported
162
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 821 leases and 1,336 wells, and the rule below applies to all of them.

Discovered
1981-12-20
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 2015-01-27.

The Commission's schedule remark for this field reads: RED. THE ALLOCATION FORMULA REMAINS 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 Gas111995-10-04133295
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
CondensateDisposition4,657 bbl$81,814
GasProduction371,461 Mcf$428,570
Total$510,384

235,788 Mcf of this lease's gas, across 36 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 28.4106, -98.4732. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.41056, -98.47321 · 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
10,162 ft
1 wells filed one
Completion to plug
13.4 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 10,162 ft.

Completions filed
Dec 1993
1 of 1 wells
Plug dates filed
May 2007
1 of 1 wells

Last completion to plug: a median of 13.4 years across the 1 well that filed both dates, with the middle half between 13.4 years and 13.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-311330046410,162 ftDec 1993May 2007Yes

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 (162)

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

162 months

May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050250.377.15$14
Feb 2005014545.226.31$915
Jan 2005014043.166.32$885
Dec 20040039.866.75$0
Nov 200409745.286.33$614
Oct 200404349.706.52$280
Sep 200408143.245.28$428
Aug 2004022142.375.55$1,227
Jul 2004013638.286.08$827
Jun 2004018636.106.43$1,197
May 2004013637.486.49$883
Apr 200407634.475.86$445
Mar 2004011734.365.53$647
Feb 2004015032.455.51$826
Jan 2004016132.036.30$1,014
Dec 200307330.266.30$460
Nov 2003011428.804.60$524
Oct 2003013128.174.76$624
Sep 2003020726.314.75$983
Aug 2003024529.765.13$1,257
Jul 2003011729.415.17$605
Jun 2003024028.565.98$1,436
May 2003028426.595.97$1,696
Apr 2003014226.675.41$768
Mar 2003031731.146.10$1,932
Feb 2003030333.487.93$2,402
Jan 2003032130.315.58$1,792
Dec 2002051026.914.85$2,475
Nov 2002040324.664.14$1,667
Oct 20020026.464.23$0
Sep 2002051627.443.64$1,876
Aug 200209225.963.16$291
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 200202723.653.51$95
Mar 2002042722.003.10$1,325
Feb 20021286018.222.38$2,262
Jan 2002315517.172.38$420
Dec 2001719216.932.36$572
Nov 20011362418.072.41$1,736
Oct 200129319.782.53$275
Sep 20011250324.262.25$1,424
Aug 2001342,00224.873.05$6,958
Jul 2001580723.933.20$2,700
Jun 200171,41024.563.82$5,564
May 2001342625.524.31$1,911
Apr 2001101,95224.685.34$10,661
Mar 2001121,38424.545.38$7,735
Feb 2001201,63827.755.77$10,001
Jan 2001482,23927.478.40$20,123
Dec 2000402,32026.889.12$22,239
Nov 2000442,37832.215.66$14,872
Oct 2000392,19131.235.15$12,492
Sep 2000341,68331.875.19$9,812
Aug 2000221,61029.644.54$7,963
Jul 2000161,39528.534.09$6,162
Jun 20001067929.304.40$3,279
May 2000549127.263.68$1,943
Apr 2000352624.513.12$1,713
Mar 2000302,04228.422.86$6,692
Feb 2000221,66727.622.73$5,153
Jan 2000151,14725.272.48$3,224
Dec 1999181,04524.282.42$2,970
Nov 1999442,56323.192.43$7,259
Oct 1999512,38720.982.80$7,762
Sep 1999352,63021.752.62$7,649
Aug 1999412,49419.262.88$7,961
Jul 1999422,32517.892.37$6,267
Jun 1999472,09015.942.36$5,686
May 1999462,54315.792.32$6,629
Apr 1999202,19815.102.21$5,155
Mar 1999111,08812.471.84$2,137
Feb 1999151,6139.981.82$3,082
Jan 1999121,27210.381.90$2,541
Dec 1998161,8339.201.77$3,398
Nov 1998141,83310.892.19$4,159
Oct 1998652312.421.97$1,104
Sep 199891,12712.592.08$2,460
Aug 1998887411.301.91$1,757
Jul 1998171,78611.742.24$4,195
Jun 1998162,22111.242.24$5,149
May 1998222,65312.622.21$6,131
Apr 1998242,61313.042.51$6,859
Mar 1998262,95312.802.31$7,153
Feb 1998252,85413.952.30$6,910
Jan 1998293,44314.702.15$7,845
Dec 1997364,07016.322.41$10,401
Nov 1997405,04618.193.09$16,311
Oct 1997415,16819.253.15$17,068
Sep 1997485,00317.742.95$15,635
Aug 1997535,41317.862.55$14,775
Jul 1997586,51017.582.25$15,647
Jun 1997212,32817.242.26$5,617
May 1997515,24618.972.31$13,078
Apr 19970017.882.08$0
Mar 19974018.951.94$76
Feb 1997525,12520.492.21$12,371
Jan 1997464,22923.483.54$16,049
Dec 1996585,42023.32$1,353
Nov 1996333,74421.97$725
Oct 1996575,93923.31$1,329
Sep 1996101,25022.22$222
Aug 19962020.26$41
Jul 1996242,90319.55$469
Jun 1996373,54818.73$693
May 1996413,41519.43$797
Apr 1996433,79521.51$925
Mar 1996523,94319.38$1,008
Feb 1996583,63516.98$985
Jan 1996875,62217.07$1,485
Dec 1995371,48017.19$636
Nov 1995584,45316.00$928
Oct 1995705,05615.43$1,080
Sep 1995624,37516.18$1,003
Aug 1995694,38015.92$1,098
Jul 1995775,73015.24$1,173
Jun 1995856,22516.41$1,395
May 1995835,73617.56$1,457
Apr 19951036,23917.73$1,826
Mar 19951186,57116.44$1,940
Feb 19951176,15016.58$1,940
Jan 19951547,11715.92$2,452
Dec 19941128,21515.03$1,683
Nov 19941118,67315.90$1,765
Oct 19941088,66815.58$1,683
Sep 19941089,19115.29$1,651
Aug 199412410,54416.13$2,000
Jul 199413210,51817.56$2,318
Jun 19941339,91617.09$2,273
May 199414310,19315.88$2,271
Apr 199413711,14614.14$1,937
Mar 199415313,07812.46$1,906
Feb 199416812,79412.50$2,100
Jan 199418115,89312.66$2,291
Dec 1993023312.33$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.

Mar 2005 — as filed, then multipliedworked
Condensate             0 bbl  × $ 50.37 =         $0
Gas                    2 Mcf  × $  7.15 =        $14

────────────────────────────────────────────────────
Month total                                      $14

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. 01/G/147784 is the state's own key, not one this site invented.