BLACKSTONE UNIT A-86

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 160928District 06Field 12193500CondensateGasSaveExport
Value, all time
$2.0 M
Sep 1996 – Aug 1999
Value, last 12 filed months
$97 k
at the published price for each month
Months reported
36
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
CondensateDisposition75,977 bbl$1,483,082
GasProduction339,985 Mcf$511,319
Total$1,994,401

124,670 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 (36)

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

36 months

Aug 19990019.262.88$0
Jul 19990017.892.37$0
Jun 19990015.942.36$0
May 19990015.792.32$0
Apr 19990015.102.21$0
Mar 1999318012.471.84$3,965
Feb 19997353,3599.981.82$13,441
Jan 19997293,08910.381.90$13,436
Dec 19989403,4409.201.77$14,748
Nov 19987492,08510.892.19$12,714
Oct 19987463,38112.421.97$15,923
Sep 19981,0964,25312.592.08$22,656
Aug 19989259,52311.301.91$28,616
Jul 199884112,51911.742.24$37,882
Jun 19981,28612,65311.242.24$42,763
May 19981,1037,44512.622.21$30,346
Apr 19989208,10213.042.51$32,295
Mar 19981,28810,32812.802.31$40,338
Feb 19981,07510,10213.952.30$38,222
Jan 19981,62814,42914.702.15$55,023
Dec 19971,1115,52716.322.41$31,458
Nov 19971,6596,38718.193.09$49,902
Oct 19972,0106,65319.253.15$59,648
Sep 19971,6537,23317.742.95$50,697
Aug 19972,0339,79117.862.55$61,323
Jul 19971,2926,37317.582.25$37,033
Jun 19972,0287,71217.242.26$52,370
May 19972,2219,70518.972.31$64,536
Apr 19972,63410,51517.882.08$68,996
Mar 19972,96012,47618.951.94$80,285
Feb 19973,12412,56820.492.21$91,735
Jan 19974,26615,66723.483.54$155,622
Dec 19965,40921,95323.32$126,138
Nov 19967,07628,39221.97$155,460
Oct 199614,01748,26123.31$326,736
Sep 19968,10526,06422.22$180,093

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           318 bbl  × $ 12.47 =     $3,965
Gas                    0 Mcf  × $  1.84 =         $0

────────────────────────────────────────────────────
Month total                                   $3,965

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/160928 is the state's own key, not one this site invented.