TEMPLE 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 162093District 06Field 12193500CondensateGasSaveExport
Value, all time
$1.2 M
Dec 1996 – Jun 1999
Value, last 12 filed months
$127 k
at the published price for each month
Months reported
31
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
CondensateDisposition42,593 bbl$781,391
GasProduction183,997 Mcf$441,719
Total$1,223,110

11,095 Mcf of this lease's gas, across 1 month, 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 (31)

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

31 months

Jun 19990015.942.36$0
May 19990015.792.32$0
Apr 19990015.102.21$0
Mar 1999490012.471.84$6,110
Feb 19995033,2769.981.82$10,975
Jan 19993542,57110.381.90$8,559
Dec 19985654,9439.201.77$13,964
Nov 19988833,65110.892.19$17,596
Oct 19987293,38112.421.97$15,712
Sep 19987203,31412.592.08$15,967
Aug 19987373,96611.301.91$15,893
Jul 19989545,00011.742.24$22,386
Jun 19989444,43811.242.24$20,540
May 19981,1054,43412.622.21$23,728
Apr 19981,2995,36813.042.51$30,388
Mar 19981,3107,54512.802.31$34,193
Feb 19981,6929,64413.952.30$45,776
Jan 19982,79514,69114.702.15$72,743
Dec 19973,55617,82116.322.41$101,002
Nov 19970118.193.09$3
Oct 1997185119.253.15$3,564
Sep 19970017.742.95$0
Aug 199778017.862.55$1,393
Jul 19970017.582.25$0
Jun 1997172017.242.26$2,965
May 19970018.972.31$0
Apr 19970117.882.08$2
Mar 19972,7957,80818.951.94$68,106
Feb 19974,64324,13920.492.21$148,383
Jan 199712,75046,90923.483.54$465,414
Dec 19963,33411,09523.32$77,749

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           490 bbl  × $ 12.47 =     $6,110
Gas                    0 Mcf  × $  1.84 =         $0

────────────────────────────────────────────────────
Month total                                   $6,110

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/162093 is the state's own key, not one this site invented.