MARTIN, J. C.

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

Gas lease lease 193493District 01Field 872515002 tax incentive programmesCondensateGasSaveExport
Value, all time
$4.4 M
Dec 2002 – Jan 2015
Value, last 12 filed months
$44 k
at the published price for each month
Months reported
146
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 326 leases and 350 wells, and the rule below applies to all of them.

Discovered
1983-04-30
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 2013-01-15.

The Commission's schedule remark for this field reads: ALLOCATION FORMULA OF 5% PER WELL 95% DEL. IF CAPACITY RESCINDED

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 Gas112005-01-24159587
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
CondensateDisposition19,159 bbl$956,513
GasProduction510,877 Mcf$3,410,271
Total$4,366,784

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 28.2351, -99.1991. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.23511, -99.19906 · 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
0.0%
0 of 1 wells
Median depth
7,750 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
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
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 7,750 ft.

Completions filed
Dec 2002
1 of 1 wells

1 well

42-2833109757,750 ftDec 2002Yes

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 (146)

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

146 months

Jan 201535043.433.10$1,520
Dec 201402454.693.59$86
Nov 2014493070.464.25$3,580
Oct 2014513278.303.90$4,118
Sep 2014553486.164.05$4,876
Aug 201402589.394.04$101
Jul 2014522896.564.18$5,138
Jun 201402698.164.74$123
May 20141012694.734.73$9,691
Apr 20141002695.944.81$9,719
Mar 201402995.895.06$147
Feb 2014481997.406.19$4,793
Jan 20140390.404.86$15
Dec 201304991.824.35$213
Nov 201305688.853.74$209
Oct 2013016397.423.78$616
Sep 201313156104.113.72$1,933
Aug 201320104.253.52$209
Jul 201312102.523.72$110
Jun 20130094.403.93$0
May 20131294.834.15$103
Apr 20130193.964.28$4
Mar 20135093.623.91$468
Feb 201311591.233.42$143
Jan 20130091.603.42$0
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 20120198.092.73$3
Dec 20110296.873.24$6
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 20110392.904.64$14
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20111086.504.59$87
Dec 20102385.734.35$185
Nov 20105380.843.80$416
Oct 201005378.103.51$186
Sep 201001472.633.98$56
Aug 20102211873.684.42$2,142
Jul 20104019972.554.74$3,845
Jun 20104047370.364.91$5,137
May 2010451,15471.124.24$8,088
Apr 201001,29981.694.12$5,355
Mar 2010451,45478.394.39$9,909
Feb 201001,08673.585.44$5,910
Jan 201001,29174.365.96$7,700
Dec 2009461,51371.445.48$11,583
Nov 2009491,46474.593.75$9,147
Oct 2009431,61272.544.11$9,745
Sep 200901,72365.543.06$5,281
Aug 2009451,69067.423.22$8,473
Jul 2009441,81361.133.46$8,971
Jun 200901,66866.163.90$6,497
May 2009461,70354.743.93$9,204
Apr 2009451,81846.773.59$8,627
Mar 200901,78742.144.06$7,253
Feb 2009451,71632.814.63$9,427
Jan 2009461,78035.865.37$11,210
Dec 2008451,84437.105.98$12,691
Nov 2008471,79255.496.86$14,902
Oct 2008431,68275.246.92$14,878
Sep 2008431,745101.767.88$18,121
Aug 2008431,804114.228.48$20,215
Jul 2008461,760131.0811.39$26,075
Jun 2008441,736131.3313.03$28,403
May 2008461,993123.1711.57$28,733
Apr 2008902,180110.3110.45$32,719
Mar 2008453,128101.909.66$34,815
Feb 2008462,93992.538.77$30,033
Jan 2008943,12890.388.21$34,163
Dec 2007933,37888.337.30$32,881
Nov 2007883,66791.677.29$34,806
Oct 20071593,92882.856.92$40,363
Sep 20071894,94375.846.24$45,199
Aug 2007915,05769.066.39$38,588
Jul 20071074,78970.906.39$38,178
Jun 20072843,89262.007.55$46,987
May 2007994,62858.747.85$42,128
Apr 20074464,82759.617.81$64,262
Mar 20071034,19956.927.30$36,524
Feb 20072014,51855.108.22$48,195
Jan 20073105,39250.306.73$51,864
Dec 20062475,47556.656.92$51,871
Nov 20062295,49054.207.62$54,232
Oct 20063034,73354.906.01$45,098
Sep 20061583,97360.085.04$29,505
Aug 20061364,79868.717.34$44,562
Jul 2006725,39569.376.34$39,214
Jun 20062074,69166.286.38$43,667
May 20061305,50066.016.42$43,919
Apr 20061454,81464.397.36$44,770
Mar 20061374,81456.707.08$41,865
Feb 20062765,02657.597.75$54,852
Jan 20061526,33960.598.93$65,838
Dec 20052836,13454.9413.42$97,838
Nov 20052845,73854.6910.59$76,288
Oct 20052777,43658.3413.80$118,745
Sep 20054037,40261.4512.08$114,173
Aug 20054048,20261.519.80$105,204
Jul 20054108,16355.697.84$86,861
Jun 20051727,93952.337.38$67,599
May 20051428,21345.226.65$61,047
Apr 20055297,75149.207.36$83,078
Mar 200529410,30650.377.15$88,547
Feb 20054237,68045.226.31$67,604
Jan 20053129,00043.166.32$70,366
Dec 20049458,83239.866.75$97,293
Nov 20042799,20945.286.33$70,930
Oct 200455510,10849.706.52$93,438
Sep 20049889,53843.245.28$93,119
Aug 20048218,89042.375.55$84,131
Jul 20045379,86638.286.08$80,583
Jun 20042489,75836.106.43$71,726
May 20043709,60237.486.49$76,229
Apr 20044777,46834.475.86$60,193
Mar 20042458,53034.365.53$55,590
Feb 20042467,62132.455.51$49,972
Jan 20045018,60632.036.30$70,262
Dec 200359312,69830.266.30$97,962
Nov 2003012,93428.804.60$59,434
Oct 2003014,42728.174.76$68,667
Sep 2003014,35326.314.75$68,168
Aug 200335515,21329.765.13$88,603
Jul 200339215,44229.415.17$91,377
Jun 2003827,09628.565.98$44,797
May 20033528,34226.595.97$59,184
Apr 20032388,18326.675.41$50,595
Mar 20031868,19431.146.10$55,743
Feb 2003507,18033.487.93$58,582
Jan 20033058,38230.315.58$56,033
Dec 20023448,25826.914.85$49,339

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.

Jan 2015 — as filed, then multipliedworked
Condensate            35 bbl  × $ 43.43 =     $1,520
Gas                    0 Mcf  × $  3.10 =         $0

────────────────────────────────────────────────────
Month total                                   $1,520

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/193493 is the state's own key, not one this site invented.