CHAMPION INT'L. UNIT A-1164

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 151948District 06Field 12193500CondensateGasSaveExport
Value, all time
$2.9 M
Jun 1994 – Jun 1999
Value, last 12 filed months
$145 k
at the published price for each month
Months reported
61
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
CondensateDisposition149,265 bbl$2,489,232
GasProduction967,300 Mcf$374,455
Total$2,863,688

808,207 Mcf of this lease's gas, across 31 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 (61)

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

61 months

Jun 19990015.942.36$0
May 19990015.792.32$0
Apr 19990015.102.21$0
Mar 1999101012.471.84$1,259
Feb 19999443,8229.981.82$16,369
Jan 19997555,05110.381.90$17,434
Dec 19987354,6459.201.77$14,999
Nov 19989304,09310.892.19$19,074
Oct 19983664,03112.421.97$12,484
Sep 19989193,70412.592.08$19,284
Aug 19987465,96511.301.91$19,807
Jul 19989215,94611.742.24$24,115
Jun 19981,1005,98611.242.24$25,756
May 19989306,12312.622.21$25,246
Apr 19989345,37913.042.51$25,656
Mar 19989426,60412.802.31$27,309
Feb 19981,3206,53713.952.30$33,443
Jan 19989396,22914.702.15$27,225
Dec 19975583,00316.322.41$16,347
Nov 19971881,33918.193.09$7,555
Oct 19979216,58619.253.15$38,474
Sep 19971,4689,71317.742.95$54,743
Aug 19977429,53717.862.55$37,617
Jul 19971,1197,81817.582.25$37,239
Jun 19979397,37917.242.26$32,844
May 19971,1027,68318.972.31$38,641
Apr 19971,3327,44217.882.08$39,316
Mar 19979448,00418.951.94$33,410
Feb 19971,2787,62020.492.21$42,995
Jan 19971,3228,85423.483.54$62,381
Dec 19961,3317,44723.32$31,039
Nov 19969346,80021.97$20,520
Oct 19961,4909,18723.31$34,732
Sep 19961,1159,52322.22$24,775
Aug 19961,49511,05520.26$30,289
Jul 19962,01213,50919.55$39,335
Jun 19962,06116,42918.73$38,603
May 19961,85513,39619.43$36,043
Apr 19961,2847,87921.51$27,619
Mar 19961,4649,44719.38$28,372
Feb 199694710,15016.98$16,080
Jan 19961,5039,82217.07$25,656
Dec 19951,32222,71917.19$22,725
Nov 19951,49613016.00$23,936
Oct 19951,89811,52015.43$29,286
Sep 19951,83117,41516.18$29,626
Aug 19952,42021,28215.92$38,526
Jul 19952,23221,70415.24$34,016
Jun 19952,29422,15916.41$37,645
May 19952,48222,29517.56$43,584
Apr 19952,69030,15417.73$47,694
Mar 19952,25519,69216.44$37,072
Feb 19952,52923,88316.58$41,931
Jan 19955,40232,68415.92$86,000
Dec 19945,96233,88615.03$89,609
Nov 19946,64540,73915.90$105,656
Oct 19948,22549,24715.58$128,146
Sep 19949,48054,61615.29$144,949
Aug 199411,79664,31516.13$190,269
Jul 199417,50184,37217.56$307,318
Jun 199418,819110,75117.09$321,617

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           101 bbl  × $ 12.47 =     $1,259
Gas                    0 Mcf  × $  1.84 =         $0

────────────────────────────────────────────────────
Month total                                   $1,259

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/151948 is the state's own key, not one this site invented.