SBR

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 154950District 01Field 002565002 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.5 M
Jun 1995 – Jul 2015
Value, last 12 filed months
$20 k
at the published price for each month
Months reported
242
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 Gas111995-08-25132627
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
CondensateDisposition6,961 bbl$156,755
GasProduction496,105 Mcf$1,334,111
Total$1,490,866

196,490 Mcf of this lease's gas, across 18 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 28.3716, -98.4437. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.37162, -98.44371 · 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
10,765 ft
1 wells filed one
Completion to plug
no well filed both dates

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 10,765 ft.

Plug dates filed
Jul 2015
1 of 1 wells

1 well

42-31133080210,765 ftJul 2015Yes

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 (242)

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

242 months

Jul 20150048.152.95$0
Jun 2015069956.152.88$2,015
May 2015195555.212.96$2,878
Apr 2015036949.822.71$999
Mar 2015067642.892.93$1,984
Feb 2015064944.662.98$1,932
Jan 201501,03343.433.10$3,203
Dec 2014046454.693.59$1,666
Nov 2014024170.464.25$1,025
Oct 2014024978.303.90$971
Sep 2014042186.164.05$1,703
Aug 2014043889.394.04$1,767
Jul 2014042196.564.18$1,760
Jun 2014053598.164.74$2,534
May 2014068894.734.73$3,252
Apr 2014038895.944.81$1,866
Mar 2014064995.895.06$3,282
Feb 2014032597.406.19$2,012
Jan 2014012890.404.86$622
Dec 201318791.824.35$471
Nov 2013120588.853.74$855
Oct 201315997.423.78$320
Sep 2013055104.113.72$204
Aug 2013084104.253.52$296
Jul 20132176102.523.72$859
Jun 2013212794.403.93$688
May 201317994.834.15$423
Apr 201329493.964.28$590
Mar 2013419293.623.91$1,126
Feb 2013418791.233.42$1,004
Jan 2013721191.603.42$1,363
Dec 2012819386.773.42$1,354
Nov 2012618086.953.62$1,174
Oct 2012227889.383.40$1,124
Sep 2012218994.672.92$741
Aug 2012317192.662.91$775
Jul 2012226585.133.02$971
Jun 2012232379.822.52$973
May 2012331291.612.49$1,051
Apr 20122300101.652.00$802
Mar 20122390105.052.22$1,077
Feb 20122309101.102.57$996
Jan 2012231698.092.73$1,060
Dec 2011231096.873.24$1,198
Nov 2011235695.723.31$1,370
Oct 2011237984.983.65$1,553
Sep 2011245283.623.99$1,969
Aug 2011145683.404.15$1,975
Jul 2011144294.144.52$2,091
Jun 2011136992.904.64$1,805
May 2011137498.134.40$1,746
Apr 20111308105.964.33$1,441
Mar 2011128596.364.06$1,253
Feb 2011126685.644.18$1,198
Jan 2011124386.504.59$1,202
Dec 2010131285.734.35$1,442
Nov 2010135080.843.80$1,409
Oct 2010136578.103.51$1,359
Sep 2010139072.633.98$1,625
Aug 2010142473.684.42$1,947
Jul 2010139972.554.74$1,962
Jun 2010138870.364.91$1,976
May 2010132571.124.24$1,448
Apr 2010127981.694.12$1,232
Mar 2010139478.394.39$1,808
Feb 2010024973.585.44$1,355
Jan 2010120974.365.96$1,321
Dec 2009822171.445.48$1,783
Nov 2009919074.593.75$1,384
Oct 20091539872.544.11$2,724
Sep 20091083465.543.06$3,211
Aug 2009585867.423.22$3,099
Jul 2009292261.133.46$3,317
Jun 2009298166.163.90$3,953
May 200921,06854.743.93$4,302
Apr 2009283246.773.59$3,078
Mar 2009179742.144.06$3,277
Feb 2009157732.814.63$2,706
Jan 2009280435.865.37$4,390
Dec 2008185137.105.98$5,124
Nov 2008177855.496.86$5,393
Oct 2008172975.246.92$5,121
Sep 20081906101.767.88$7,238
Aug 200811,143114.228.48$9,810
Jul 20081956131.0811.39$11,019
Jun 20081930131.3313.03$12,252
May 20081778123.1711.57$9,128
Apr 20082850110.3110.45$9,107
Mar 20082894101.909.66$8,843
Feb 2008382992.538.77$7,548
Jan 2008483690.388.21$7,222
Dec 200751,10488.337.30$8,503
Nov 200761,26091.677.29$9,738
Oct 200741,28882.856.92$9,247
Sep 200711,30375.846.24$8,212
Aug 200711,80069.066.39$11,567
Jul 200711,55970.906.39$10,030
Jun 200711,52262.007.55$11,551
May 200711,46258.747.85$11,530
Apr 200721,47559.617.81$11,632
Mar 200741,76356.927.30$13,101
Feb 200731,60555.108.22$13,352
Jan 200725350.306.73$457
Dec 200625756.656.92$508
Nov 200621,31654.207.62$10,133
Oct 200621,01654.906.01$6,220
Sep 2006173160.085.04$3,742
Aug 200631,08968.717.34$8,199
Jul 2006285069.376.34$5,530
Jun 200621,09366.286.38$7,110
May 200631,06566.016.42$7,041
Apr 200651,14064.397.36$8,713
Mar 200681,53256.707.08$11,305
Feb 2006112,36557.597.75$18,965
Jan 2006152,18260.598.93$20,401
Dec 2005171,35254.9413.42$19,072
Nov 2005111,28754.6910.59$14,229
Oct 200531,17758.3413.80$16,413
Sep 200541,82661.4512.08$22,302
Aug 200542,21661.519.80$21,956
Jul 200541,86855.697.84$14,875
Jun 200551,97952.337.38$14,869
May 200552,10845.226.65$14,247
Apr 200542,13149.207.36$15,882
Mar 200552,11450.377.15$15,377
Feb 200541,97045.226.31$12,615
Jan 200542,34743.166.32$15,011
Dec 200442,14839.866.75$14,661
Nov 200442,21545.286.33$14,203
Oct 200452,27849.706.52$15,090
Sep 200442,04443.245.28$10,973
Aug 200442,11142.375.55$11,887
Jul 200442,12838.286.08$13,100
Jun 200431,81436.106.43$11,778
May 200441,68037.486.49$11,061
Apr 2004131,59934.475.86$9,816
Mar 2004641,70834.365.53$11,645
Feb 2004581,49132.455.51$10,097
Jan 2004801,83032.036.30$14,091
Dec 200341,79430.266.30$11,426
Nov 200331,76328.804.60$8,188
Oct 200331,77828.174.76$8,547
Sep 200321,64926.314.75$7,884
Aug 200321,63129.765.13$8,426
Jul 200331,74629.415.17$9,117
Jun 200331,60428.565.98$9,682
May 200331,78026.595.97$10,711
Apr 200331,75426.675.41$9,564
Mar 200331,69831.146.10$10,445
Feb 200331,44533.487.93$11,553
Jan 200331,69730.315.58$9,564
Dec 200231,70326.914.85$8,347
Nov 200241,86224.664.14$7,802
Oct 2002162,05126.464.23$9,097
Sep 2002501,99227.443.64$8,613
Aug 200252,00525.963.16$6,474
Jul 200232,14424.583.06$6,638
Jun 200231,97323.733.34$6,658
May 200231,99924.663.58$7,238
Apr 2002111,91823.653.51$6,997
Mar 200271,93622.003.10$6,161
Feb 200241,33918.222.38$3,254
Jan 2002299917.172.38$2,408
Dec 2001302,87116.932.36$7,296
Nov 2001171,99618.072.41$5,109
Oct 2001132,21819.782.53$5,866
Sep 200131,46924.262.25$3,380
Aug 2001282424.873.05$2,566
Jul 2001378723.933.20$2,588
Jun 2001480524.563.82$3,177
May 20012289125.524.31$4,399
Apr 2001684024.685.34$4,630
Mar 2001470324.545.38$3,878
Feb 2001978927.755.77$4,800
Jan 2001080627.478.40$6,769
Dec 2000083626.889.12$7,626
Nov 2000085732.215.66$4,849
Oct 2000686731.235.15$4,649
Sep 2000893831.875.19$5,120
Aug 2000470929.644.54$3,338
Jul 2000585528.534.09$3,639
Jun 2000121,06929.304.40$5,052
May 2000151,23327.263.68$4,946
Apr 2000341,44824.513.12$5,345
Mar 2000801,06428.422.86$5,316
Feb 2000241,15327.622.73$3,807
Jan 2000281,39025.272.48$4,155
Dec 1999731,32524.282.42$4,984
Nov 19994089723.192.43$3,111
Oct 1999201,62920.982.80$4,987
Sep 1999321,51021.752.62$4,650
Aug 1999411,94619.262.88$6,386
Jul 1999151,78517.892.37$4,503
Jun 1999161,23815.942.36$3,179
May 1999301,04515.792.32$2,899
Apr 1999101,24915.102.21$2,909
Mar 1999101,44612.471.84$2,783
Feb 1999171,8439.981.82$3,520
Jan 1999192,00010.381.90$3,997
Dec 1998352,1549.201.77$4,142
Nov 1998301,76910.892.19$4,193
Oct 1998252,95112.421.97$6,122
Sep 1998222,98912.592.08$6,502
Aug 1998493,09811.301.91$6,463
Jul 1998553,33611.742.24$8,109
Jun 1998563,22511.242.24$7,845
May 1998453,12612.622.21$7,465
Apr 1998233,99313.042.51$10,304
Mar 1998293,45712.802.31$8,355
Feb 1998562,96013.952.30$7,587
Jan 1998623,30414.702.15$8,031
Dec 1997222,33416.322.41$5,987
Nov 1997333,43118.193.09$11,196
Oct 1997684,36219.253.15$15,049
Sep 1997453,96417.742.95$12,511
Aug 1997424,45517.862.55$12,131
Jul 1997504,82717.582.25$11,725
Jun 1997534,61717.242.26$11,335
May 1997485,11818.972.31$12,725
Apr 19971565,59817.882.08$14,449
Mar 19971076,25818.951.94$14,163
Feb 1997905,51020.492.21$13,999
Jan 19971717,74123.483.54$31,416
Dec 19961809,84823.32$4,198
Nov 19961808,76921.97$3,955
Oct 19962329,74423.31$5,408
Sep 19962409,85822.22$5,333
Aug 199623610,93720.26$4,781
Jul 199622411,50919.55$4,379
Jun 199635512,01018.73$6,649
May 199640414,66519.43$7,850
Apr 199657316,49021.51$12,325
Mar 199674620,25019.38$14,457
Feb 199653319,53016.98$9,050
Jan 199612818,43117.07$2,185
Dec 19950017.19$0
Nov 1995273,31916.00$432
Oct 1995444,40715.43$679
Sep 1995415,13216.18$663
Aug 1995395,98515.92$621
Jul 1995388,25315.24$579
Jun 199507,35316.41$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.

Jun 2015 — as filed, then multipliedworked
Condensate             0 bbl  × $ 56.15 =         $0
Gas                  699 Mcf  × $  2.88 =     $2,015

────────────────────────────────────────────────────
Month total                                   $2,015

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/154950 is the state's own key, not one this site invented.