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 161611District 01Field 002565002 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.1 M
Jan 1997 – Jul 2013
Value, last 12 filed months
$584
at the published price for each month
Months reported
199
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 Gas111997-03-18136257
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
CondensateDisposition2,695 bbl$59,958
GasProduction333,408 Mcf$1,070,705
Total$1,130,663

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 28.3306, -98.4725. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.33057, -98.47253 · 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
10,750 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 10,750 ft.

Plug dates filed
Aug 2013
1 of 1 wells

1 well

42-3113329710510,750 ftAug 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 (199)

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

199 months

Jul 2013110102.523.72$140
Jun 201322894.403.93$299
May 20130294.834.15$8
Apr 20130393.964.28$13
Mar 20131693.623.91$117
Feb 20130191.233.42$3
Jan 20130191.603.42$3
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 2010515978.394.39$1,090
Feb 2010129773.585.44$1,690
Jan 2010026674.365.96$1,586
Dec 2009120771.445.48$1,207
Nov 2009124274.593.75$982
Oct 2009130272.544.11$1,314
Sep 2009132365.543.06$1,055
Aug 2009129167.423.22$1,004
Jul 2009032561.133.46$1,126
Jun 2009138766.163.90$1,574
May 2009130454.743.93$1,248
Apr 2009134546.773.59$1,284
Mar 2009141242.144.06$1,714
Feb 2009023632.814.63$1,093
Jan 2009053135.865.37$2,852
Dec 2008028637.105.98$1,709
Nov 2008028255.496.86$1,935
Oct 2008045375.246.92$3,136
Sep 20080465101.767.88$3,663
Aug 20080559114.228.48$4,742
Jul 20080470131.0811.39$5,353
Jun 20080412131.3313.03$5,369
May 20080479123.1711.57$5,544
Apr 20080183110.3110.45$1,913
Mar 20080348101.909.66$3,363
Feb 2008045792.538.77$4,008
Jan 2008025890.388.21$2,117
Dec 2007033688.337.30$2,453
Nov 2007144191.677.29$3,307
Oct 2007149382.856.92$3,495
Sep 2007158875.846.24$3,747
Aug 2007158769.066.39$3,819
Jul 2007160070.906.39$3,904
Jun 2007158662.007.55$4,485
May 2007159458.747.85$4,719
Apr 2007151959.617.81$4,111
Mar 2007044356.927.30$3,235
Feb 2007147555.108.22$3,958
Jan 2007364050.306.73$4,456
Dec 2006264356.656.92$4,562
Nov 2006166654.207.62$5,127
Oct 2006170054.906.01$4,265
Sep 2006169660.085.04$3,566
Aug 2006270268.717.34$5,290
Jul 2006169569.376.34$4,478
Jun 2006273466.286.38$4,818
May 2006375266.016.42$5,030
Apr 2006469164.397.36$5,344
Mar 2006472456.707.08$5,355
Feb 2006368757.597.75$5,498
Jan 2006163760.598.93$5,751
Dec 2005153254.9413.42$7,192
Nov 2005148154.6910.59$5,148
Oct 2005150458.3413.80$7,011
Sep 2005151861.4512.08$6,318
Aug 2005255661.519.80$5,570
Jul 2005251855.697.84$4,174
Jun 2005247152.337.38$3,581
May 2005650845.226.65$3,650
Apr 2005946449.207.36$3,858
Mar 20051644850.377.15$4,011
Feb 2005840645.226.31$2,924
Jan 2005341843.166.32$2,772
Dec 2004340039.866.75$2,820
Nov 2004336045.286.33$2,415
Oct 2004228949.706.52$1,982
Sep 2004228843.245.28$1,608
Aug 2004628642.375.55$1,842
Jul 2004431038.286.08$2,039
Jun 2004340036.106.43$2,682
May 2004349737.486.49$3,340
Apr 2004143534.475.86$2,583
Mar 2004586734.365.53$4,966
Feb 2004890732.455.51$5,257
Jan 2004151,01132.036.30$6,849
Dec 2003151,01330.266.30$6,837
Nov 2003471,00928.804.60$5,990
Oct 2003601,03528.174.76$6,616
Sep 20034585026.314.75$5,221
Aug 2003801,06529.765.13$7,844
Jul 2003831,06929.415.17$7,969
Jun 2003701,20128.565.98$9,185
May 2003411,33026.595.97$9,034
Apr 2003184426.675.41$4,590
Mar 2003284931.146.10$5,238
Feb 2003163733.487.93$5,082
Jan 2003173430.315.58$4,128
Dec 2002176826.914.85$3,755
Nov 2002151424.664.14$2,151
Oct 2002275426.464.23$3,242
Sep 2002157127.443.64$2,103
Aug 2002277725.963.16$2,510
Jul 2002154624.583.06$1,696
Jun 2002176323.733.34$2,571
May 2002162324.663.58$2,257
Apr 2002376723.653.51$2,765
Mar 2002485522.003.10$2,741
Feb 2002277518.222.38$1,878
Jan 2002496217.172.38$2,354
Dec 200151,04016.932.36$2,544
Nov 2001499818.072.41$2,473
Oct 200141,19219.782.53$3,094
Sep 2001398724.262.25$2,295
Aug 200161,34024.873.05$4,240
Jul 200191,42723.933.20$4,778
Jun 2001101,43924.563.82$5,749
May 200171,50925.524.31$6,678
Apr 200121,49124.685.34$8,004
Mar 2001121,42924.545.38$7,977
Feb 2001101,36627.755.77$8,155
Jan 200191,71727.478.40$14,668
Dec 200061,45226.889.12$13,407
Nov 2000469232.215.66$4,044
Oct 200081,55831.235.15$8,267
Sep 2000102,23331.875.19$11,900
Aug 2000102,34729.644.54$10,954
Jul 2000142,77428.534.09$11,744
Jun 2000142,00929.304.40$9,244
May 2000152,23027.263.68$8,615
Apr 2000222,33924.513.12$7,828
Mar 200022,47528.422.86$7,135
Feb 2000222,80727.622.73$8,261
Jan 2000203,34225.272.48$8,795
Dec 19991642,93224.282.42$11,088
Nov 19992663,49023.192.43$14,663
Oct 19991963,93420.982.80$15,142
Sep 1999513,97921.752.62$11,530
Aug 1999154,30719.262.88$12,674
Jul 1999154,51117.892.37$10,970
Jun 1999314,82615.942.36$11,894
May 1999465,36915.792.32$13,188
Apr 1999395,22915.102.21$12,135
Mar 1999475,87712.471.84$11,390
Feb 1999384,7549.981.82$9,021
Jan 1999355,36310.381.90$10,553
Dec 19986913,1159.201.77$23,892
Nov 1998688,99010.892.19$20,390
Oct 1998237,68412.421.97$15,417
Sep 1998226,70412.592.08$14,239
Aug 1998257,39311.301.91$14,384
Jul 1998298,29611.742.24$18,901
Jun 1998369,81311.242.24$22,359
May 19985013,52412.622.21$30,470
Apr 19988111,30213.042.51$29,371
Mar 1998284,21712.802.31$10,097
Feb 1998334,62213.952.30$11,087
Jan 1998384,82014.702.15$10,945
Dec 1997354,95016.322.41$12,506
Nov 1997364,97418.193.09$16,016
Oct 1997385,20419.253.15$17,123
Sep 1997425,30117.742.95$16,409
Aug 1997275,33717.862.55$14,117
Jul 1997295,50017.582.25$12,868
Jun 1997335,68817.242.26$13,408
May 1997296,47618.972.31$15,500
Apr 1997357,52917.882.08$16,307
Mar 1997388,01118.951.94$16,255
Feb 19972110,08320.492.21$22,672
Jan 19972710,96723.483.54$39,454

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.

Jul 2013 — as filed, then multipliedworked
Condensate             1 bbl  × $102.52 =       $103
Gas                   10 Mcf  × $  3.72 =        $37

────────────────────────────────────────────────────
Month total                                     $140

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/161611 is the state's own key, not one this site invented.