CHAMPION INT'L. UNIT A-439

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 152961District 06Field 12193500CondensateGasSaveExport
Value, all time
$380 k
Oct 1994 – Jun 1999
Value, last 12 filed months
$16 k
at the published price for each month
Months reported
57
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
CondensateDisposition19,063 bbl$315,757
GasProduction127,095 Mcf$63,864
Total$379,621

100,819 Mcf of this lease's gas, across 27 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 (57)

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

57 months

Jun 19990015.942.36$0
May 19990015.792.32$0
Apr 19990015.102.21$0
Mar 1999159012.471.84$1,983
Feb 199906069.981.82$1,102
Jan 199917833110.381.90$2,477
Dec 199802139.201.77$378
Nov 199818930210.892.19$2,718
Oct 1998047112.421.97$928
Sep 199818621912.592.08$2,798
Aug 1998039711.301.91$757
Jul 199817555211.742.24$3,289
Jun 199817253911.242.24$3,139
May 1998061312.622.21$1,352
Apr 199818839613.042.51$3,444
Mar 199817276512.802.31$3,968
Feb 199818936313.952.30$3,471
Jan 19983641,96114.702.15$9,576
Dec 19973622,11216.322.41$11,000
Nov 19973211,10718.193.09$9,258
Oct 199701,88119.253.15$5,925
Sep 19973551,07817.742.95$9,483
Aug 19971841,47717.862.55$7,060
Jul 19971851,43617.582.25$6,479
Jun 19971841,51017.242.26$6,581
May 19971851,47518.972.31$6,914
Apr 19973781,41917.882.08$9,714
Mar 19971871,57818.951.94$6,604
Feb 19971901,80520.492.21$7,875
Jan 19971911,67023.483.54$10,396
Dec 19961901,85123.32$4,431
Nov 199619295921.97$4,218
Oct 19963761,50123.31$8,765
Sep 19961881,74022.22$4,177
Aug 19961881,90920.26$3,809
Jul 19965202,14919.55$10,166
Jun 19961831,25618.73$3,428
May 19962051,43419.43$3,983
Apr 19963191,99821.51$6,862
Mar 19963762,59619.38$7,287
Feb 19963663,01616.98$6,215
Jan 19963823,61017.07$6,521
Dec 19955696,11617.19$9,781
Nov 19959505,58516.00$15,200
Oct 199518759515.43$2,885
Sep 1995012116.18$0
Aug 199517564715.92$2,786
Jul 199518987815.24$2,880
Jun 199515016.41$16
May 1995088217.56$0
Apr 1995010317.73$0
Mar 19956161816.44$1,003
Feb 19953723,61916.58$6,168
Jan 19951,92816,66515.92$30,694
Dec 19941,63914,91715.03$24,634
Nov 19941836,79115.90$2,910
Oct 19944,63019,21315.58$72,135

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           159 bbl  × $ 12.47 =     $1,983
Gas                    0 Mcf  × $  1.84 =         $0

────────────────────────────────────────────────────
Month total                                   $1,983

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/152961 is the state's own key, not one this site invented.