CHAMPION INT'L UNIT A-143

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 157886District 06Field 12193500CondensateGasSaveExport
Value, all time
$566 k
Jan 1996 – Oct 1999
Value, last 12 filed months
$15 k
at the published price for each month
Months reported
46
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
CondensateDisposition26,138 bbl$465,611
GasProduction152,427 Mcf$100,672
Total$566,284

108,823 Mcf of this lease's gas, across 11 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 (46)

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

46 months

Oct 19990020.982.80$0
Sep 19990021.752.62$0
Aug 19990019.262.88$0
Jul 199949017.892.37$877
Jun 19990015.942.36$0
May 19990015.792.32$0
Apr 1999179015.102.21$2,703
Mar 19990012.471.84$0
Feb 199903029.981.82$549
Jan 199918833510.381.90$2,588
Dec 19981859999.201.77$3,474
Nov 19981861,13210.892.19$4,500
Oct 19983461,39812.421.97$7,050
Sep 19981861,75212.592.08$5,990
Aug 199818599911.301.91$3,996
Jul 199818775311.742.24$3,880
Jun 19983501,20711.242.24$6,634
May 19981831,18312.622.21$4,920
Apr 19983721,46813.042.51$8,529
Mar 19981841,63912.802.31$6,140
Feb 19981881,50513.952.30$6,083
Jan 19983701,48314.702.15$8,635
Dec 19971871,01516.322.41$5,499
Nov 19973801,78118.193.09$12,412
Oct 19973752,04019.253.15$13,644
Sep 19973731,80417.742.95$11,948
Aug 19971862,07117.862.55$8,613
Jul 19973712,68017.582.25$12,544
Jun 19975122,69417.242.26$14,908
May 19975602,99418.972.31$17,535
Apr 19973783,24417.882.08$13,515
Mar 19975494,71118.951.94$19,539
Feb 19975641,97120.492.21$15,904
Jan 199718944423.483.54$6,009
Dec 19967083,35823.32$16,511
Nov 19961841,75121.97$4,042
Oct 19969373,56023.31$21,841
Sep 19965644,95522.22$12,532
Aug 19967555,24520.26$15,296
Jul 19961,1378,95719.55$22,228
Jun 19961,11312,79018.73$20,846
May 19961,8089,50019.43$35,129
Apr 19960021.51$0
Mar 19961,1165,73419.38$21,628
Feb 19966,62739,92416.98$112,526
Jan 19963,22713,04917.07$55,085

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.

Jul 1999 — as filed, then multipliedworked
Condensate            49 bbl  × $ 17.89 =       $877
Gas                    0 Mcf  × $  2.37 =         $0

────────────────────────────────────────────────────
Month total                                     $877

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/157886 is the state's own key, not one this site invented.