CHAMPION INT'L. UNIT A-460

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 151953District 06Field 12193500CondensateGasSaveExport
Value, all time
$2.7 M
Aug 1994 – Jun 1999
Value, last 12 filed months
$71 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 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
CondensateDisposition147,625 bbl$2,412,326
GasProduction908,129 Mcf$289,107
Total$2,701,433

787,163 Mcf of this lease's gas, across 29 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 (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

Jun 19990015.942.36$0
May 19990015.792.32$0
Apr 19990015.102.21$0
Mar 1999146012.471.84$1,821
Feb 19993782,3139.981.82$7,977
Jan 19993802,34810.381.90$8,405
Dec 19981872,2529.201.77$5,714
Nov 19983622,22010.892.19$8,794
Oct 19983632,55212.421.97$9,534
Sep 19983582,33212.592.08$9,364
Aug 19983442,56211.301.91$8,774
Jul 19983642,76011.742.24$10,448
Jun 19985112,90011.242.24$12,232
May 19985493,31112.622.21$14,234
Apr 19985663,87113.042.51$17,079
Mar 19985683,99512.802.31$16,497
Feb 19985673,41313.952.30$15,757
Jan 19985734,56414.702.15$18,258
Dec 19975425,44916.322.41$21,984
Nov 19975644,64818.193.09$24,613
Oct 19979106,88719.253.15$39,210
Sep 19977357,18617.742.95$34,273
Aug 19977477,69517.862.55$33,000
Jul 19975616,89317.582.25$25,351
Jun 19977476,84217.242.26$28,322
May 19977526,88118.972.31$30,150
Apr 19979437,37717.882.08$32,226
Mar 19979398,09918.951.94$33,499
Feb 19977586,61920.492.21$30,132
Jan 19975764,99723.483.54$31,212
Dec 19965735,40623.32$13,362
Nov 19969498,95321.97$20,850
Oct 19961,13110,27923.31$26,364
Sep 199694611,89722.22$21,020
Aug 19961,53311,04920.26$31,059
Jul 19961,12414,34419.55$21,974
Jun 19961,69714,72618.73$31,785
May 19961,68517,11219.43$32,740
Apr 19961,69716,11921.51$36,502
Mar 19962,25716,38219.38$43,741
Feb 19968687,58216.98$14,739
Jan 19961,89115,98617.07$32,279
Dec 19951,32912,68617.19$22,846
Nov 19952,48023,96716.00$39,680
Oct 19952,63723,67115.43$40,689
Sep 19952,26221,46716.18$36,599
Aug 19952,79723,61115.92$44,528
Jul 19952,81823,36315.24$42,946
Jun 19952,31823,07716.41$38,038
May 19953,44725,51217.56$60,529
Apr 19953,24824,57317.73$57,587
Mar 19953,77324,21916.44$62,028
Feb 19954,29027,56416.58$71,128
Jan 19956,48039,05615.92$103,162
Dec 19947,60844,70815.03$114,348
Nov 19949,67950,31215.90$153,896
Oct 199414,62669,81015.58$227,873
Sep 199423,373103,20715.29$357,373
Aug 199423,11976,52516.13$372,909

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           146 bbl  × $ 12.47 =     $1,821
Gas                    0 Mcf  × $  1.84 =         $0

────────────────────────────────────────────────────
Month total                                   $1,821

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/151953 is the state's own key, not one this site invented.