CHAMPION INT'L UNIT A-1136

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 160588District 06Field 12193500CondensateGasSaveExport
Value, all time
$1.1 M
Sep 1996 – Jun 1999
Value, last 12 filed months
$72 k
at the published price for each month
Months reported
34
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
CondensateDisposition42,081 bbl$839,266
GasProduction240,909 Mcf$298,238
Total$1,137,505

118,731 Mcf of this lease's gas, across 4 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 (34)

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

34 months

Jun 199922015.942.36$351
May 19990015.792.32$0
Apr 19990015.102.21$0
Mar 19990012.471.84$0
Feb 1999009.981.82$0
Jan 1999185010.381.90$1,920
Dec 19985543,2789.201.77$10,910
Nov 19983672,14410.892.19$8,683
Oct 19985321,94112.421.97$10,430
Sep 19985543,29312.592.08$13,833
Aug 19985443,10711.301.91$12,073
Jul 19985453,17211.742.24$13,495
Jun 19983692,52611.242.24$9,799
May 19985543,22012.622.21$14,096
Apr 19987223,81413.042.51$18,970
Mar 19983762,68312.802.31$11,009
Feb 19985603,17313.952.30$15,107
Jan 19987433,54414.702.15$18,559
Dec 19975303,75716.322.41$17,708
Nov 19978023,77618.193.09$26,250
Oct 19977144,13019.253.15$26,753
Sep 19979264,15117.742.95$28,693
Aug 19979023,82417.862.55$25,879
Jul 19975163,59917.582.25$17,158
Jun 19971,1138,79117.242.26$39,031
May 19971,1738,30418.972.31$41,422
Apr 19971,3138,86617.882.08$41,942
Mar 19971,45811,06418.951.94$49,084
Feb 19971,47910,71620.492.21$53,943
Jan 19972,08015,30523.483.54$103,014
Dec 19962,77517,43123.32$64,713
Nov 19963,11321,08221.97$68,393
Oct 19965,80331,17723.31$135,268
Sep 199610,75749,04122.22$239,021

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.

Jun 1999 — as filed, then multipliedworked
Condensate            22 bbl  × $ 15.94 =       $351
Gas                    0 Mcf  × $  2.36 =         $0

────────────────────────────────────────────────────
Month total                                     $351

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/160588 is the state's own key, not one this site invented.