CHAMPION INT'L UNIT A-1141

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 150093District 06Field 12193500CondensateGasSaveExport
Value, all time
$2.9 M
Mar 1994 – Jun 1999
Value, last 12 filed months
$73 k
at the published price for each month
Months reported
64
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 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.

StreamBasisVolumeValue
CondensateDisposition166,686 bbl$2,660,167
GasProduction894,826 Mcf$229,918
Total$2,890,085

799,420 Mcf of this lease's gas, across 34 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 (64)

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

64 months

Jun 19990015.942.36$0
May 19990015.792.32$0
Apr 19990015.102.21$0
Mar 1999333012.471.84$4,153
Feb 19991901,4969.981.82$4,616
Jan 19995671,82610.381.90$9,355
Dec 19985591,8449.201.77$8,413
Nov 19983801,93710.892.19$8,372
Oct 19985421,94212.421.97$10,556
Sep 19983621,96012.592.08$8,640
Aug 19983722,02111.301.91$8,058
Jul 19985561,90011.742.24$10,778
Jun 19985641,84711.242.24$10,472
May 19985562,01912.622.21$11,471
Apr 19987442,00713.042.51$14,730
Mar 19983722,12512.802.31$9,669
Feb 19985391,89013.952.30$11,864
Jan 19985632,55414.702.15$13,779
Dec 19975454,71216.322.41$20,256
Nov 19975503,70218.193.09$21,437
Oct 19977114,43819.253.15$27,666
Sep 19977386,21417.742.95$31,454
Aug 19975616,61517.862.55$26,919
Jul 19977526,77617.582.25$28,445
Jun 19977286,10417.242.26$26,329
May 19975445,19618.972.31$22,315
Apr 19979155,95817.882.08$28,769
Mar 19977597,13918.951.94$28,227
Feb 19977195,27120.492.21$26,360
Jan 19977525,91323.483.54$38,587
Dec 19969237,39923.32$21,524
Nov 19965715,61521.97$12,545
Oct 19969296,30923.31$21,655
Sep 19967537,35022.22$16,732
Aug 19969297,55820.26$18,822
Jul 19969266,33919.55$18,103
Jun 19961,1066,16318.73$20,715
May 19969366,49019.43$18,186
Apr 19961,1256,72321.51$24,199
Mar 19961,1266,24619.38$21,822
Feb 19969396,12316.98$15,944
Jan 19969488,86217.07$16,182
Dec 19951,1268,21917.19$19,356
Nov 19951,28910,09316.00$20,624
Oct 19951,51210,36315.43$23,330
Sep 19951,28810,12916.18$20,840
Aug 19951,64610,34215.92$26,204
Jul 19951,49210,69815.24$22,738
Jun 19951,50612,32516.41$24,713
May 19952,12913,59817.56$37,385
Apr 19951,54312,87317.73$27,357
Mar 19952,19217,13316.44$36,036
Feb 19952,01320,03816.58$33,376
Jan 19954,18832,35715.92$66,673
Dec 19945,42842,87115.03$81,583
Nov 19945,41434,01315.90$86,083
Oct 19946,67134,04415.58$103,934
Sep 19946,78834,56615.29$103,789
Aug 19948,78442,29316.13$141,686
Jul 199411,00354,32117.56$193,213
Jun 199415,31575,38617.09$261,733
May 199423,00398,98615.88$365,288
Apr 199430,686113,29614.14$433,900
Mar 19944,98620,29912.46$62,126

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           333 bbl  × $ 12.47 =     $4,153
Gas                    0 Mcf  × $  1.84 =         $0

────────────────────────────────────────────────────
Month total                                   $4,153

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/150093 is the state's own key, not one this site invented.