BLACKSTONE UNIT A-897

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 162423District 06Field 12193500CondensateGasSaveExport
Value, all time
$643 k
Jan 1997 – Dec 1999
Value, last 12 filed months
$12 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
CondensateDisposition21,477 bbl$380,154
GasProduction108,775 Mcf$262,392
Total$642,546

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

Dec 19990024.282.42$0
Nov 19990023.192.43$0
Oct 19990020.982.80$0
Sep 1999164021.752.62$3,567
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 19990012.471.84$0
Feb 1999186289.981.82$1,907
Jan 19993501,30610.381.90$6,114
Dec 199806259.201.77$1,108
Nov 19981861,24710.892.19$4,751
Oct 19983631,82312.421.97$8,098
Sep 19983832,37912.592.08$9,777
Aug 19985292,78611.301.91$11,292
Jul 199835582811.742.24$6,020
Jun 19985477,53011.242.24$22,995
May 19983575,75312.622.21$17,198
Apr 19987268,42613.042.51$30,577
Mar 19985475,90512.802.31$20,639
Feb 19985625,65213.952.30$20,835
Jan 19985472,46514.702.15$13,352
Dec 199737244016.322.41$7,132
Nov 19976942,39018.193.09$20,005
Oct 19977232,62919.253.15$22,199
Sep 19977412,89417.742.95$21,697
Aug 19979292,49517.862.55$22,966
Jul 19979333,72717.582.25$24,776
Jun 19979354,59917.242.26$26,500
May 19971,3175,84418.972.31$38,474
Apr 19971,4886,20917.882.08$39,537
Mar 19971,8178,27418.951.94$50,477
Feb 19972,92511,14620.492.21$84,520
Jan 19972,80111,37523.483.54$106,032

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.

Sep 1999 — as filed, then multipliedworked
Condensate           164 bbl  × $ 21.75 =     $3,567
Gas                    0 Mcf  × $  2.62 =         $0

────────────────────────────────────────────────────
Month total                                   $3,567

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/162423 is the state's own key, not one this site invented.