CHAMPION INTERNATIONAL UNIT

Name: CHAMPION INTERNATIONAL UNIT lease production and value, Dec 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by SWIFT ENERGY COMPANY (P-5 833347) in the BROOKELAND (AUSTIN CHALK, 8800) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 148220District 06Field 12193500CondensateGasSave Export

Value, all time

$1.4 M

Dec 1993 – Aug 1999

Value, last 12 filed months

$32 k

at the published price for each month

Months reported

no gaps in the span

Streams

condensate, gas

The BROOKELAND (AUSTIN CHALK, 8800) field

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 488 leases and 597 wells, and the rule below applies to all of them.

Discovered

1983-06-12

as the register files it

Field class

Oil and gas

the register's own label

Between wells

900 ft

minimum

From a lease line

467 ft

minimum

A drilling unit in this field needs at least 160 acres. The field rule took effect on 2009-10-22.

The Commission's schedule remark for this field reads: “ACRES. DOCKET EFFECTIVE 10-22-09.”

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.

Stream	Basis	Volume	Value
Condensate	Disposition	71,890 bbl	$1,109,060
Gas	Production	849,388 Mcf	$311,966
Total			$1,421,026

726,062 Mcf of this lease's gas, across 37 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.

Every month this lease reported (69)

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

69 months


Aug 1999	0	0	19.26	2.88	$0
Jul 1999	0	0	17.89	2.37	$0
Jun 1999	0	0	15.94	2.36	$0
May 1999	0	0	15.79	2.32	$0
Apr 1999	0	0	15.10	2.21	$0
Mar 1999	202	0	12.47	1.84	$2,519
Feb 1999	377	1,302	9.98	1.82	$6,129
Jan 1999	191	1,262	10.38	1.90	$4,380
Dec 1998	175	825	9.20	1.77	$3,073
Nov 1998	186	1,076	10.89	2.19	$4,377
Oct 1998	189	1,508	12.42	1.97	$5,317
Sep 1998	181	1,667	12.59	2.08	$5,751
Aug 1998	368	1,921	11.30	1.91	$7,822
Jul 1998	187	2,009	11.74	2.24	$6,690
Jun 1998	187	1,728	11.24	2.24	$5,968
May 1998	374	1,851	12.62	2.21	$8,804
Apr 1998	190	1,931	13.04	2.51	$7,315
Mar 1998	528	1,506	12.80	2.31	$10,236
Feb 1998	757	3,735	13.95	2.30	$19,147
Jan 1998	188	6,380	14.70	2.15	$16,511
Dec 1997	388	10,990	16.32	2.41	$32,830
Nov 1997	378	10,580	18.19	3.09	$39,550
Oct 1997	185	9,425	19.25	3.15	$33,248
Sep 1997	188	6,502	17.74	2.95	$22,548
Aug 1997	188	8,723	17.86	2.55	$25,643
Jul 1997	187	10,161	17.58	2.25	$26,119
Jun 1997	187	8,328	17.24	2.26	$22,022
May 1997	186	6,419	18.97	2.31	$18,347
Apr 1997	368	1,851	17.88	2.08	$10,435
Mar 1997	373	8,644	18.95	1.94	$23,830
Feb 1997	384	2,443	20.49	2.21	$13,257
Jan 1997	581	10,559	23.48	3.54	$51,018
Dec 1996	383	9,088	23.32	—	$8,932
Nov 1996	376	8,487	21.97	—	$8,261
Oct 1996	567	10,389	23.31	—	$13,217
Sep 1996	378	8,472	22.22	—	$8,399
Aug 1996	563	10,625	20.26	—	$11,406
Jul 1996	376	12,251	19.55	—	$7,351
Jun 1996	744	10,345	18.73	—	$13,935
May 1996	456	11,613	19.43	—	$8,860
Apr 1996	762	2,600	21.51	—	$16,391
Mar 1996	572	15,549	19.38	—	$11,085
Feb 1996	760	10,621	16.98	—	$12,905
Jan 1996	762	10,248	17.07	—	$13,007
Dec 1995	571	10,096	17.19	—	$9,815
Nov 1995	752	11,024	16.00	—	$12,032
Oct 1995	955	14,250	15.43	—	$14,736
Sep 1995	742	14,182	16.18	—	$12,006
Aug 1995	1,487	17,459	15.92	—	$23,673
Jul 1995	1,141	16,777	15.24	—	$17,389
Jun 1995	536	11,875	16.41	—	$8,796
May 1995	1,438	17,496	17.56	—	$25,251
Apr 1995	1,269	17,541	17.73	—	$22,499
Mar 1995	1,082	14,424	16.44	—	$17,788
Feb 1995	1,799	19,501	16.58	—	$29,827
Jan 1995	1,065	14,127	15.92	—	$16,955
Dec 1994	1,248	28,105	15.03	—	$18,757
Nov 1994	1,643	23,855	15.90	—	$26,124
Oct 1994	1,810	28,783	15.58	—	$28,200
Sep 1994	2,339	29,165	15.29	—	$35,763
Aug 1994	2,722	34,818	16.13	—	$43,906
Jul 1994	3,379	37,354	17.56	—	$59,335
Jun 1994	3,402	38,720	17.09	—	$58,140
May 1994	5,522	44,291	15.88	—	$87,689
Apr 1994	3,728	26,913	14.14	—	$52,714
Mar 1994	4,330	30,044	12.46	—	$53,952
Feb 1994	4,885	35,342	12.50	—	$61,063
Jan 1994	3,570	23,222	12.66	—	$45,196
Dec 1993	5,903	46,410	12.33	—	$72,784

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.

Mar 1999 — as filed, then multipliedworked

Condensate           202 bbl  × $ 12.47 =     $2,519
Gas                    0 Mcf  × $  1.84 =         $0

────────────────────────────────────────────────────
Month total                                   $2,519

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. 06/G/148220 is the state's own key, not one this site invented.