JONES UNIT A-423

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 159935District 06Field 12193500CondensateGasSaveExport
Value, all time
$3.2 M
Jul 1996 – May 2001
Value, last 12 filed months
$192 k
at the published price for each month
Months reported
59
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
CondensateDisposition101,899 bbl$2,071,826
GasProduction817,120 Mcf$1,133,297
Total$3,205,123

388,487 Mcf of this lease's gas, across 6 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 (59)

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

59 months

May 20010025.524.31$0
Apr 20010024.685.34$0
Mar 200120024.545.38$491
Feb 2001188027.755.77$5,217
Jan 20013592,31527.478.40$29,305
Dec 20001852,55926.889.12$28,317
Nov 20001792,40432.215.66$19,367
Oct 20003602,08031.235.15$21,945
Sep 20001792,11031.875.19$16,648
Aug 20003512,37329.644.54$21,179
Jul 20003772,70628.534.09$21,823
Jun 20003693,85029.304.40$27,741
May 20003804,06727.263.68$25,324
Apr 20005664,24324.513.12$27,094
Mar 20003773,51628.422.86$20,769
Feb 20001882,20427.622.73$11,202
Jan 20007293,80525.272.48$27,860
Dec 19991792,72424.282.42$10,948
Nov 19991791,65223.192.43$8,172
Oct 19991803,01720.982.80$12,235
Sep 19995575,39621.752.62$26,246
Aug 19995377,37619.262.88$31,553
Jul 19991,1049,50417.892.37$42,298
Jun 19991855,77715.942.36$16,595
May 199901215.792.32$28
Apr 1999025515.102.21$563
Mar 1999070512.471.84$1,296
Feb 1999175459.981.82$1,828
Jan 199901810.381.90$34
Dec 19982359.201.77$80
Nov 19981861,52910.892.19$5,368
Oct 19981854,66412.421.97$11,482
Sep 19983684,62412.592.08$14,263
Aug 19983356,34511.301.91$15,888
Jul 19985228,51411.742.24$25,176
Jun 19987239,35311.242.24$29,052
May 199873910,89912.622.21$33,373
Apr 199894110,81813.042.51$39,373
Mar 199893611,13712.802.31$37,701
Feb 19983767,59013.952.30$22,696
Jan 19981,04814,13014.702.15$45,853
Dec 19971,0918,92016.322.41$39,312
Nov 19971,28020,35418.193.09$86,142
Oct 19971,35817,88819.253.15$82,485
Sep 19971,66817,44417.742.95$81,135
Aug 19971,47720,24417.862.55$78,097
Jul 19971,84922,36217.582.25$82,751
Jun 19971,76919,55017.242.26$74,626
May 19972,05624,24818.972.31$94,979
Apr 19972,57526,34117.882.08$100,904
Mar 19973,19233,13618.951.94$124,744
Feb 19972,86624,54620.492.21$112,870
Jan 19973,59229,24923.483.54$187,873
Dec 19964,15435,90423.32$96,871
Nov 19964,62943,23021.97$101,699
Oct 19966,84257,77523.31$159,487
Sep 199610,52572,81722.22$233,866
Aug 199618,560101,76120.26$376,026
Jul 199618,15277,00019.55$354,872

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 2001 — as filed, then multipliedworked
Condensate            20 bbl  × $ 24.54 =       $491
Gas                    0 Mcf  × $  5.38 =         $0

────────────────────────────────────────────────────
Month total                                     $491

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/159935 is the state's own key, not one this site invented.