SWR "C"

Operated by SWIFT ENERGY COMPANY (P-5 833347) 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 160464District 01Field 002565002 tax incentive programmesCondensateGasSaveExport
Value, all time
$27 k
Oct 1996 – Jul 2000
Value, last 12 filed months
$2 k
at the published price for each month
Months reported
46
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 Gas111997-01-06135759
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
CondensateDisposition161 bbl$2,936
GasProduction14,892 Mcf$24,243
Total$27,179

5,081 Mcf of this lease's gas, across 3 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 28.3638, -98.4061. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.36381, -98.40613 · 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
11,436 ft
1 wells filed one
Completion to plug
8.3 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 11,436 ft.

Completions filed
Oct 1996
1 of 1 wells
Plug dates filed
Feb 2005
1 of 1 wells

Last completion to plug: a median of 8.3 years across the 1 well that filed both dates, with the middle half between 8.3 years and 8.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-31133222211,436 ftOct 1996Feb 2005Yes

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 (46)

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

46 months

Jul 20000028.534.09$0
Jun 20000029.304.40$0
May 20000027.263.68$0
Apr 20000024.513.12$0
Mar 20000028.422.86$0
Feb 20000027.622.73$0
Jan 20000025.272.48$0
Dec 19990024.282.42$0
Nov 19997023.192.43$162
Oct 199966420.982.80$305
Sep 1999718321.752.62$632
Aug 1999622719.262.88$768
Jul 1999516617.892.37$483
Jun 1999215315.942.36$393
May 1999713815.792.32$431
Apr 1999012615.102.21$278
Mar 1999639112.471.84$794
Feb 199953979.981.82$772
Jan 19992010.381.90$21
Dec 1998309.201.77$28
Nov 19980010.892.19$0
Oct 19980012.421.97$0
Sep 19981012.592.08$13
Aug 19980011.301.91$0
Jul 1998016311.742.24$365
Jun 1998016311.242.24$365
May 1998033212.622.21$733
Apr 1998034613.042.51$867
Mar 1998130712.802.31$722
Feb 1998136713.952.30$858
Jan 1998364314.702.15$1,430
Dec 1997112316.322.41$313
Nov 1997041718.193.09$1,288
Oct 19972444019.253.15$1,848
Sep 1997447217.742.95$1,466
Aug 1997340617.862.55$1,091
Jul 1997043917.582.25$986
Jun 1997648817.242.26$1,205
May 19971554518.972.31$1,543
Apr 19971540217.882.08$1,105
Mar 19971548318.951.94$1,221
Feb 1997753520.492.21$1,324
Jan 1997089523.483.54$3,168
Dec 199651,38723.32$117
Nov 199642,97021.97$88
Oct 1996072423.31$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.

Nov 1999 — as filed, then multipliedworked
Condensate             7 bbl  × $ 23.19 =       $162
Gas                    0 Mcf  × $  2.43 =         $0

────────────────────────────────────────────────────
Month total                                     $162

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/160464 is the state's own key, not one this site invented.