CHAMPION INT'L. UNIT A-464

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 152661District 06Field 12193500CondensateGasSaveExport
Value, all time
$1.2 M
Nov 1994 – Jun 1999
Value, last 12 filed months
$47 k
at the published price for each month
Months reported
56
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
CondensateDisposition68,813 bbl$1,126,954
GasProduction525,283 Mcf$103,586
Total$1,230,541

481,467 Mcf of this lease's gas, across 26 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 (56)

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

56 months

Jun 19990015.942.36$0
May 19990015.792.32$0
Apr 199971015.102.21$1,072
Mar 1999193012.471.84$2,407
Feb 19991821,4109.981.82$4,379
Jan 19991921,23910.381.90$4,347
Dec 19981821,3989.201.77$4,154
Nov 19981891,66410.892.19$5,695
Oct 19983681,50812.421.97$7,540
Sep 19981861,40912.592.08$5,276
Aug 19981662,11311.301.91$5,906
Jul 199836788911.742.24$6,298
Jun 199818678511.242.24$3,847
May 19981871,40912.622.21$5,469
Apr 199836973013.042.51$6,641
Mar 199818676312.802.31$4,143
Feb 19983741,08813.952.30$7,719
Jan 19983752,73814.702.15$11,412
Dec 19971911,60916.322.41$6,997
Nov 19973672,92018.193.09$15,693
Oct 19973663,07719.253.15$16,738
Sep 19971852,70017.742.95$11,260
Aug 19973712,69917.862.55$13,521
Jul 19973733,23617.582.25$13,828
Jun 19973663,15017.242.26$13,420
May 19973743,80418.972.31$15,876
Apr 19973681,28917.882.08$9,265
Mar 19973726918.951.94$7,183
Feb 19973537220.492.21$7,392
Jan 19975704823.483.54$13,554
Dec 19963606223.32$8,395
Nov 19963854,19721.97$8,458
Oct 19965666,68423.31$13,193
Sep 19965566,82122.22$12,354
Aug 19965946,10620.26$12,034
Jul 19965635,30919.55$11,007
Jun 19965664,74518.73$10,601
May 19965626,17519.43$10,920
Apr 19967625,59021.51$16,391
Mar 19967608,12019.38$14,729
Feb 19967525,45516.98$12,769
Jan 19967647,42217.07$13,041
Dec 19957614,63317.19$13,082
Nov 19957597,47116.00$12,144
Oct 19951,20310,46415.43$18,562
Sep 19951,12914,73716.18$18,267
Aug 19951,43318,44515.92$22,813
Jul 19951,44218,28015.24$21,976
Jun 19951,42320,37316.41$23,351
May 19951,97727,65617.56$34,716
Apr 19952,54829,78317.73$45,176
Mar 19953,07633,41816.44$50,569
Feb 19953,78536,31516.58$62,755
Jan 19955,75240,16415.92$91,572
Dec 199410,84365,62015.03$162,970
Nov 199417,46387,42215.90$277,662

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.

Apr 1999 — as filed, then multipliedworked
Condensate            71 bbl  × $ 15.10 =     $1,072
Gas                    0 Mcf  × $  2.21 =         $0

────────────────────────────────────────────────────
Month total                                   $1,072

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/152661 is the state's own key, not one this site invented.