BLACKSTONE MINERALS UNIT A-890

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 159391District 06Field 12193500CondensateGasSaveExport
Value, all time
$2.5 M
May 1996 – Jun 1999
Value, last 12 filed months
$214 k
at the published price for each month
Months reported
38
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
CondensateDisposition97,698 bbl$1,821,222
GasProduction649,135 Mcf$677,484
Total$2,498,706

361,464 Mcf of this lease's gas, across 8 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 (38)

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

38 months

Jun 19990015.942.36$0
May 19990015.792.32$0
Apr 19990015.102.21$0
Mar 1999134012.471.84$1,671
Feb 19999426,8229.981.82$21,802
Jan 19999127,69210.381.90$24,081
Dec 19987618,1279.201.77$21,413
Nov 19989418,30910.892.19$28,409
Oct 19981,0997,88912.421.97$29,185
Sep 19989177,13512.592.08$26,405
Aug 19981,0657,29011.301.91$25,939
Jul 19981,2978,67911.742.24$34,644
Jun 19981,2858,86211.242.24$34,270
May 19981,65710,36512.622.21$43,780
Apr 19981,87313,13413.042.51$57,329
Mar 19981,70112,82112.802.31$51,382
Feb 19987504,30213.952.30$20,353
Jan 19987136,51114.702.15$24,511
Dec 19977365,08216.322.41$24,265
Nov 19978764,46318.193.09$29,717
Oct 19971,1379,23219.253.15$50,966
Sep 19971,67312,96917.742.95$68,001
Aug 19971,68314,45017.862.55$66,974
Jul 19971,87315,04417.582.25$66,730
Jun 19972,21015,26517.242.26$72,557
May 19972,19718,10718.972.31$83,477
Apr 19972,61319,43417.882.08$87,197
Mar 19972,97618,20918.951.94$91,705
Feb 19972,61817,85220.492.21$93,023
Jan 19973,17319,62623.483.54$143,972
Dec 19963,41420,88523.32$79,614
Nov 19963,58923,90121.97$78,850
Oct 19964,49828,51223.31$104,848
Sep 19964,68733,34922.22$104,145
Aug 19966,70039,87920.26$135,742
Jul 19968,82458,72019.55$172,509
Jun 199613,31883,13918.73$249,446
May 199612,85673,07919.43$249,792

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           134 bbl  × $ 12.47 =     $1,671
Gas                    0 Mcf  × $  1.84 =         $0

────────────────────────────────────────────────────
Month total                                   $1,671

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/159391 is the state's own key, not one this site invented.