MONTALVO

Operated by SWIFT ENERGY OPERATING, LLC (P-5 833348) in the I. Y. GARCIA (FRIO JG) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 185573District 04Field 44126220CondensateGasSaveExport
Value, all time
$2.0 M
Sep 2001 – Jul 2006
Value, last 12 filed months
$11 k
at the published price for each month
Months reported
59
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 leases and 1 wells, and the rule below applies to all of them.

Discovered
2001-09-16
as the register files it
Field class
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
CondensateDisposition15,642 bbl$483,639
GasProduction310,964 Mcf$1,565,738
Total$2,049,377

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 26.6397, -97.8171. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.63973, -97.81706 · 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
10,500 ft
1 wells filed one
Completion to plug
4.8 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 10,500 ft.

Completions filed
Sep 2001
1 of 1 wells
Plug dates filed
Jul 2006
1 of 1 wells

Last completion to plug: a median of 4.8 years across the 1 well that filed both dates, with the middle half between 4.8 years and 4.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-26131255110,500 ftSep 2001Jul 2006Yes

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 (59)

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

59 months

Jul 20060069.376.34$0
Jun 2006111266.286.38$7,370
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 200509754.9413.42$1,301
Nov 200598754.6910.59$1,413
Oct 200503158.3413.80$428
Sep 20050061.4512.08$0
Aug 20050161.519.80$10
Jul 2005060555.697.84$4,745
Jun 20051781,02852.337.38$16,902
May 200501,26145.226.65$8,387
Apr 2005089249.207.36$6,566
Mar 20051881,86750.377.15$22,828
Feb 20051912,25045.226.31$22,839
Jan 20051913,34543.166.32$29,391
Dec 20041904,60839.866.75$38,682
Nov 20041855,40645.286.33$42,599
Oct 20043747,30849.706.52$66,200
Sep 20043807,82343.245.28$57,767
Aug 20043655,90342.375.55$48,231
Jul 20041836,09538.286.08$44,088
Jun 20043726,72336.106.43$56,678
May 20043738,31037.486.49$67,950
Apr 20045638,17434.475.86$67,294
Mar 20043799,44634.365.53$65,260
Feb 20043729,14432.455.51$62,451
Jan 20045619,05732.036.30$75,025
Dec 200356011,47530.266.30$89,257
Nov 200356712,24828.804.60$72,611
Oct 200356311,79428.174.76$71,995
Sep 20037437,94326.314.75$57,273
Aug 20031886,78629.765.13$40,405
Jul 20033596,52729.415.17$44,308
Jun 20033667,85428.565.98$57,443
May 200373413,14426.595.97$98,022
Apr 200373414,16026.675.41$96,143
Mar 20031866,30331.146.10$44,215
Feb 20035678,11733.487.93$83,318
Jan 20033718,55430.315.58$58,994
Dec 20023786,39626.914.85$41,217
Nov 20023807,87224.664.14$41,937
Oct 20025598,58426.464.23$51,094
Sep 20023718,17127.443.64$39,883
Aug 20023768,09125.963.16$35,362
Jul 20021844,78524.583.06$19,173
Jun 20021864,14823.733.34$18,261
May 20021864,05224.663.58$19,109
Apr 20023785,38723.653.51$27,861
Mar 20021925,53622.003.10$21,401
Feb 20021945,17118.222.38$15,819
Jan 20021946,06417.172.38$17,737
Dec 20013695,13216.932.36$18,381
Nov 20011934,87718.072.41$15,219
Oct 20011876,96219.782.53$21,305
Sep 20012125,36824.262.25$17,228

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.

Jun 2006 — as filed, then multipliedworked
Condensate           111 bbl  × $ 66.28 =     $7,357
Gas                    2 Mcf  × $  6.38 =        $13

────────────────────────────────────────────────────
Month total                                   $7,370

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. 04/G/185573 is the state's own key, not one this site invented.