SWANSON, E. H.

Operated by RAMSEY PRODUCTION COMPANY, LLC (P-5 690051) in the HUTCHINS, SW. (5800 SD) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 2481District 03Field 43822825OilCasinghead gasSaveExport
Value, all time
$745 k
Jan 1993 – Jan 2003
Value, last 12 filed months
$3 k
at the published price for each month
Months reported
121
no gaps in the span
Streams
2
oil, casinghead 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 5 leases and 6 wells, and the rule below applies to all of them.

Discovered
1952-10-07
as the register files it
Field class
Oil and gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

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
OilDisposition42,761 bbl$744,503
Casinghead gasProduction30 Mcf$0
Total$744,503

30 Mcf of this lease's gas, across 30 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 (2)

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 29.2318, -96.3028. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles.

29.23180, -96.30281 · 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%
2 of 2 wells
With a plug date
100.0%
2 of 2 wells
Median depth
6,023 ft
2 wells filed one
Completion to plug
26.2 years
median over 2 wells

What the state filed about each well

On the RRC proration schedule
2100.0%
A plug date is filed
2100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
2100.0%
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

Between 5,984 and 6,062 ft, median 6,023 ft, over the 2 wells that filed a depth.

Completions filed
May 1959 – Nov 1984
2 of 2 wells
Plug dates filed
Mar 1994 – Apr 2002
2 of 2 wells

Last completion to plug: a median of 26.2 years across the 2 wells that filed both dates, with the middle half between 21.8 years and 30.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-4810158515,984 ftNov 1984Apr 2002Yes
42-4810151726,062 ftMay 1959Mar 1994Yes

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 (121)

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

121 months

Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 2002125023.653.51$2,956
Mar 20025022.003.10$110
Feb 20023018.222.38$55
Jan 20024017.172.38$69
Dec 20013016.932.36$51
Nov 20015018.072.41$90
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 20010024.563.82$0
May 20010025.524.31$0
Apr 20010024.685.34$0
Mar 20010024.545.38$0
Feb 20010027.755.77$0
Jan 20010027.478.40$0
Dec 20000026.889.12$0
Nov 20000032.215.66$0
Oct 20000031.235.15$0
Sep 20000031.875.19$0
Aug 20000029.644.54$0
Jul 2000218028.534.09$6,220
Jun 2000173029.304.40$5,069
May 2000180027.263.68$4,907
Apr 2000140024.513.12$3,431
Mar 20000028.422.86$0
Feb 2000368027.622.73$10,164
Jan 2000181025.272.48$4,574
Dec 19990024.282.42$0
Nov 1999181023.192.43$4,197
Oct 1999359020.982.80$7,532
Sep 1999180021.752.62$3,915
Aug 1999357019.262.88$6,876
Jul 1999361017.892.37$6,458
Jun 1999101015.942.36$1,610
May 1999180015.792.32$2,842
Apr 19990015.102.21$0
Mar 1999181012.471.84$2,257
Feb 1999009.981.82$0
Jan 19990010.381.90$0
Dec 1998009.201.77$0
Nov 19980010.892.19$0
Oct 19980012.421.97$0
Sep 19980012.592.08$0
Aug 19980011.301.91$0
Jul 19980011.742.24$0
Jun 19980011.242.24$0
May 19980012.622.21$0
Apr 19980013.042.51$0
Mar 1998159012.802.31$2,035
Feb 19980013.952.30$0
Jan 19980014.702.15$0
Dec 19970016.322.41$0
Nov 19970018.193.09$0
Oct 19970019.253.15$0
Sep 1997521017.742.95$9,243
Aug 1997361017.862.55$6,447
Jul 1997361017.582.25$6,346
Jun 1997177017.242.26$3,051
May 1997360018.972.31$6,829
Apr 1997353017.882.08$6,312
Mar 19970018.951.94$0
Feb 19970020.492.21$0
Jan 1997356023.483.54$8,359
Dec 1996178023.32$4,151
Nov 1996363021.97$7,975
Oct 1996540023.31$12,587
Sep 1996541022.22$12,021
Aug 1996726020.26$14,709
Jul 1996725019.55$14,174
Jun 1996722118.73$13,523
May 1996891019.43$17,312
Apr 1996910121.51$19,574
Mar 1996734119.38$14,225
Feb 1996881116.98$14,959
Jan 19961,061117.07$18,111
Dec 1995734117.19$12,617
Nov 1995525116.00$8,400
Oct 1995724115.43$11,171
Sep 19951,260116.18$20,387
Aug 19951,080015.92$17,194
Jul 19951,615015.24$24,613
Jun 19951,620016.41$26,584
May 19951,757017.56$30,853
Apr 19951,222017.73$21,666
Mar 19951,056016.44$17,361
Feb 1995700016.58$11,606
Jan 1995358015.92$5,699
Dec 1994336015.03$5,050
Nov 1994470015.90$7,473
Oct 1994512015.58$7,977
Sep 1994656115.29$10,030
Aug 1994731116.13$11,791
Jul 1994364117.56$6,392
Jun 1994687117.09$11,741
May 1994507115.88$8,051
Apr 1994693114.14$9,799
Mar 1994383112.46$4,772
Feb 1994559112.50$6,988
Jan 1994555112.66$7,026
Dec 1993638112.33$7,867
Nov 1993718114.49$10,404
Oct 1993898115.85$14,233
Sep 1993712115.03$10,701
Aug 1993518115.66$8,112
Jul 1993899115.46$13,899
Jun 1993721116.79$12,106
May 1993725117.68$12,818
Apr 1993895118.05$16,155
Mar 1993891118.14$16,163
Feb 1993738117.90$13,210
Jan 19931,079116.93$18,267

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.

Apr 2002 — as filed, then multipliedworked
Oil                  125 bbl  × $ 23.65 =     $2,956
Casinghead gas         0 Mcf  × $  3.51 =         $0

────────────────────────────────────────────────────
Month total                                   $2,956

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/O/2481 is the state's own key, not one this site invented.