BLACKSTONE UNIT A-86 NO. 2

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 161868District 06Field 12193500CondensateGasSaveExport
Value, all time
$712 k
Nov 1996 – Jul 1999
Value, last 12 filed months
$19 k
at the published price for each month
Months reported
33
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
CondensateDisposition29,112 bbl$592,453
GasProduction77,377 Mcf$119,172
Total$711,624

28,694 Mcf of this lease's gas, across 2 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 (33)

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

33 months

Jul 19990017.892.37$0
Jun 19990015.942.36$0
May 19990015.792.32$0
Apr 199990015.102.21$1,359
Mar 19990012.471.84$0
Feb 19991861099.981.82$2,054
Jan 199919615910.381.90$2,337
Dec 199804299.201.77$761
Nov 199818929110.892.19$2,694
Oct 1998186012.421.97$2,310
Sep 1998380712.592.08$4,799
Aug 19981874011.301.91$2,189
Jul 19981844411.742.24$2,259
Jun 199817632911.242.24$2,714
May 19980212.622.21$4
Apr 19983671913.042.51$4,833
Mar 199802312.802.31$53
Feb 19981892,61713.952.30$8,653
Jan 19983528,88814.702.15$24,326
Dec 1997177116.322.41$2,891
Nov 199749367518.193.09$11,052
Oct 1997561019.253.15$10,799
Sep 19971,0732,71217.742.95$27,049
Aug 1997116017.862.55$2,072
Jul 199703,17317.582.25$7,130
Jun 19971,1162,43417.242.26$24,734
May 19971,1223,25518.972.31$28,799
Apr 19971,3123,48117.882.08$30,709
Mar 19971,8795,68718.951.94$46,635
Feb 19971,8656,06320.492.21$51,588
Jan 19972,6168,24523.483.54$90,609
Dec 19964,76711,35223.32$111,166
Nov 19969,33317,34221.97$205,046

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.

Apr 1999 — as filed, then multipliedworked
Condensate            90 bbl  × $ 15.10 =     $1,359
Gas                    0 Mcf  × $  2.21 =         $0

────────────────────────────────────────────────────
Month total                                   $1,359

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/161868 is the state's own key, not one this site invented.