SCHAWE-WOLFF

Operated by SOUTHWEST RESOURCES, INC. (P-5 806471) in the GIDDINGS (AUSTIN CHALK, GAS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 265263District 03Field 347735502 tax incentive programmesCondensateGasSaveExport
Value, all time
$849 k
Apr 2012 – May 2023
Value, last 12 filed months
$320
at the published price for each month
Months reported
134
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 1,061 leases and 1,061 wells, and the rule below applies to all of them.

Discovered
1978-08-01
as the register files it
Field class
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 80 acres. The field rule took effect on 2018-10-16.

The Commission's schedule remark for this field reads: AMENDED DRILLING PERMITS, NOTICE, OR HEARING.

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 Gas112013-02-09208609
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
CondensateDisposition2,371 bbl$201,723
GasProduction214,501 Mcf$647,623
Total$849,346

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 30.3311, -96.3639. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.33114, -96.36389 · 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
12,614 ft
1 wells filed one
Completion to plug
11.1 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 12,614 ft.

Completions filed
Apr 2012
1 of 1 wells
Plug dates filed
May 2023
1 of 1 wells

Last completion to plug: a median of 11.1 years across the 1 well that filed both dates, with the middle half between 11.1 years and 11.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-477309851H12,614 ftApr 2012May 2023Yes

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 (134)

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

134 months

May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220576.415.73$29
Nov 20220685.005.65$34
Oct 20220987.185.86$53
Sep 20220084.888.16$0
Aug 20220894.529.13$73
Jul 2022010101.587.54$75
Jun 202207115.097.98$56
May 2022012109.378.43$101
Apr 202208104.226.84$55
Mar 2022018108.885.08$91
Feb 202201791.054.86$83
Jan 202201781.844.54$77
Dec 202101771.323.90$66
Nov 202101477.435.24$73
Oct 202101579.795.71$86
Sep 20210869.865.35$43
Aug 202101166.024.22$46
Jul 202101770.783.98$68
Jun 202101569.493.38$51
May 20210963.483.02$27
Apr 202101060.362.76$28
Mar 202101761.302.72$46
Feb 20210657.805.55$33
Jan 202101150.412.81$31
Dec 202001544.642.68$40
Nov 202001338.772.71$35
Oct 202001536.972.48$37
Sep 202001137.091.99$22
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 201901853.472.42$44
Sep 201902655.052.66$69
Aug 201903053.112.30$69
Jul 201901456.272.46$34
Jun 201902752.782.49$67
May 201902558.482.74$69
Apr 201901762.632.75$47
Mar 201902856.803.06$86
Feb 201902250.852.79$61
Jan 201903946.033.23$126
Dec 201801846.594.19$75
Nov 201803352.934.24$140
Oct 201802961.443.40$99
Sep 201803159.543.11$96
Aug 201802759.403.07$83
Jul 201808265.142.93$240
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180563.842.90$15
Mar 201802361.222.79$64
Feb 201803461.782.77$94
Jan 20180662.874.01$24
Dec 201702357.272.92$67
Nov 20170255.423.12$6
Oct 20170149.292.98$3
Sep 20170247.523.09$6
Aug 20170345.373.00$9
Jul 20170443.873.09$12
Jun 201706142.493.09$188
May 20170445.373.26$13
Apr 20170047.933.21$0
Mar 201704146.772.98$122
Feb 20170550.452.95$15
Jan 201704849.413.42$164
Dec 20160448.763.72$15
Nov 201603942.492.64$103
Oct 201604046.193.09$124
Sep 201601741.553.10$53
Aug 201605941.442.92$173
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 201695042.521.99$4,039
Apr 2016033736.561.99$671
Mar 2016034833.011.79$624
Feb 2016033726.472.06$695
Jan 2016039427.352.36$932
Dec 2015045132.362.00$903
Nov 2015023538.792.17$509
Oct 2015037443.552.43$908
Sep 2015034842.992.76$960
Aug 2015075540.162.87$2,169
Jul 20151832,15748.152.95$15,164
Jun 201501,83656.152.88$5,293
May 201502,53855.212.96$7,501
Apr 201502,29349.822.71$6,206
Mar 201502,18042.892.93$6,398
Feb 2015084644.662.98$2,518
Jan 201501,20543.433.10$3,736
Dec 201401,47554.693.59$5,297
Nov 201401,57570.464.25$6,697
Oct 2014036078.303.90$1,404
Sep 2014059286.164.05$2,395
Aug 2014051689.394.04$2,082
Jul 2014073996.564.18$3,089
Jun 201401,08798.164.74$5,149
May 201401,34494.734.73$6,353
Apr 20141841,40995.944.81$24,429
Mar 201401,47095.895.06$7,434
Feb 201401,63397.406.19$10,112
Jan 201402,03490.404.86$9,887
Dec 201301,92491.824.35$8,378
Nov 20131931,91788.853.74$24,314
Oct 201301,65997.423.78$6,270
Sep 201301,759104.113.72$6,540
Aug 201302,133104.253.52$7,514
Jul 201302,563102.523.72$9,529
Jun 201302,87194.403.93$11,293
May 2013203,54494.834.15$16,601
Apr 201304,04993.964.28$17,340
Mar 20131895,44193.623.91$38,984
Feb 201303,04291.233.42$10,403
Jan 201302,62891.603.42$8,988
Dec 201204,53686.773.42$15,514
Nov 20121887,27986.953.62$42,733
Oct 201206,94489.383.40$23,607
Sep 201219210,74394.672.92$49,529
Aug 201218413,65792.662.91$56,766
Jul 201218616,08785.133.02$64,430
Jun 201219324,49079.822.52$77,097
May 201256448,93791.612.49$173,439
Apr 2012016,222101.652.00$32,392

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.

Dec 2022 — as filed, then multipliedworked
Condensate             0 bbl  × $ 76.41 =         $0
Gas                    5 Mcf  × $  5.73 =        $29

────────────────────────────────────────────────────
Month total                                      $29

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. 03/G/265263 is the state's own key, not one this site invented.