CHAMPION INT'L UNIT A-1163

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 153652District 06Field 12193500CondensateGasSaveExport
Value, all time
$829 k
Jan 1995 – Jun 1999
Value, last 12 filed months
$47 k
at the published price for each month
Months reported
54
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
CondensateDisposition41,537 bbl$701,137
GasProduction276,166 Mcf$128,281
Total$829,418

222,667 Mcf of this lease's gas, across 24 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 (54)

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

54 months

Jun 19990015.942.36$0
May 19990015.792.32$0
Apr 199994015.102.21$1,419
Mar 1999187012.471.84$2,332
Feb 19991919639.981.82$3,657
Jan 199919264410.381.90$3,217
Dec 199804489.201.77$794
Nov 19983631,28510.892.19$6,762
Oct 19983741,27512.421.97$7,156
Sep 19983731,30512.592.08$7,414
Aug 19983771,34811.301.91$6,831
Jul 19983571,44311.742.24$7,420
Jun 19983701,50511.242.24$7,526
May 19983651,52112.622.21$7,962
Apr 19983761,41313.042.51$8,443
Mar 19983721,73112.802.31$8,759
Feb 199838294213.952.30$7,495
Jan 19983722,09714.702.15$9,987
Dec 19975672,20216.322.41$14,563
Nov 19973762,06218.193.09$13,207
Oct 19973652,22119.253.15$14,022
Sep 19973641,87717.742.95$12,004
Aug 19973732,82717.862.55$13,884
Jul 19973733,30617.582.25$13,986
Jun 19973433,09717.242.26$12,904
May 19975463,42718.972.31$18,269
Apr 19975643,45917.882.08$17,289
Mar 19973783,78918.951.94$14,511
Feb 19973793,35520.492.21$15,167
Jan 19975583,95723.483.54$27,108
Dec 19965544,31823.32$12,919
Nov 19963753,83421.97$8,239
Oct 19967254,31423.31$16,900
Sep 19963744,01122.22$8,310
Aug 19967464,57120.26$15,114
Jul 19967484,87919.55$14,623
Jun 19965595,28818.73$10,470
May 19965605,49219.43$10,881
Apr 19967574,80521.51$16,283
Mar 199675796119.38$14,671
Feb 19965564,92916.98$9,441
Jan 19967594,86617.07$12,956
Dec 19957605,35717.19$13,064
Nov 19959486,93816.00$15,168
Oct 19959485,72515.43$14,628
Sep 19959266,85416.18$14,983
Aug 19959287,50515.92$14,774
Jul 19951,2938,00115.24$19,705
Jun 19951,08222,20116.41$17,756
May 19951,74611,44317.56$30,660
Apr 19951,99319,31217.73$35,336
Mar 19951,89315,80816.44$31,121
Feb 19953,57113,84416.58$59,207
Jan 19958,04847,41115.92$128,124

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            94 bbl  × $ 15.10 =     $1,419
Gas                    0 Mcf  × $  2.21 =         $0

────────────────────────────────────────────────────
Month total                                   $1,419

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/153652 is the state's own key, not one this site invented.