GSU UNIT A-905

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 152421District 06Field 12193500CondensateGasSaveExport
Value, all time
$1.9 M
Apr 1994 – Dec 1999
Value, last 12 filed months
$3 k
at the published price for each month
Months reported
69
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
CondensateDisposition110,092 bbl$1,820,764
GasProduction647,854 Mcf$47,869
Total$1,868,634

628,282 Mcf of this lease's gas, across 33 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

Dec 19990024.282.42$0
Nov 19990023.192.43$0
Oct 19990020.982.80$0
Sep 1999154021.752.62$3,350
Aug 19990019.262.88$0
Jul 19990017.892.37$0
Jun 19990015.942.36$0
May 19990015.792.32$0
Apr 19990015.102.21$0
Mar 19990012.471.84$0
Feb 19990469.981.82$84
Jan 19990010.381.90$0
Dec 199810199.201.77$945
Nov 19980010.892.19$0
Oct 199802212.421.97$43
Sep 1998021112.592.08$439
Aug 199836453611.301.91$5,136
Jul 1998026811.742.24$600
Jun 199818657911.242.24$3,386
May 199818837112.622.21$3,191
Apr 199835647413.042.51$5,830
Mar 1998059512.802.31$1,374
Feb 19983561,51213.952.30$8,442
Jan 19981962,07614.702.15$7,355
Dec 19973671,70716.322.41$10,105
Nov 199737677718.193.09$9,239
Oct 199737750419.253.15$8,845
Sep 19973732,48117.742.95$13,948
Aug 19973733,06317.862.55$14,487
Jul 19973681,71117.582.25$10,314
Jun 19977292,62817.242.26$18,500
May 1997544018.972.31$10,320
Apr 1997564117.882.08$10,086
Mar 1997370018.951.94$7,012
Feb 19971120.492.21$23
Jan 19971023.483.54$23
Dec 199635770023.32$8,325
Nov 19963811,58921.97$8,371
Oct 19965633,18123.31$13,124
Sep 19965633,71422.22$12,510
Aug 19965653,42320.26$11,447
Jul 19961,1414,55919.55$22,307
Jun 19967135,97218.73$13,354
May 19967507,25819.43$14,573
Apr 19961,1307,23621.51$24,306
Mar 19967617,42619.38$14,748
Feb 19965307,74816.98$8,999
Jan 19961,1388,79017.07$19,426
Dec 19959559,04417.19$16,416
Nov 19951,1209,03116.00$17,920
Oct 19951,33114,37015.43$20,537
Sep 19951,32218,05316.18$21,390
Aug 19951,84920,62215.92$29,436
Jul 19951,69718,53015.24$25,862
Jun 19951,61623,29016.41$26,519
May 19952,35424,13417.56$41,336
Apr 19952,52326,49217.73$44,733
Mar 19952,32620,22516.44$38,239
Feb 19952,93127,57616.58$48,596
Jan 19953,87930,02715.92$61,754
Dec 19944,37031,95515.03$65,681
Nov 19943,05615,67315.90$48,590
Oct 19944,08923,52815.58$63,707
Sep 19945,01328,42915.29$76,649
Aug 19945,40128,25616.13$87,118
Jul 19948,36340,05117.56$146,854
Jun 199412,68050,25217.09$216,701
May 199426,515103,67815.88$421,058
Apr 19941,7663,47014.14$24,971

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.

Sep 1999 — as filed, then multipliedworked
Condensate           154 bbl  × $ 21.75 =     $3,350
Gas                    0 Mcf  × $  2.62 =         $0

────────────────────────────────────────────────────
Month total                                   $3,350

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/152421 is the state's own key, not one this site invented.