CHAMPION UNIT 1

Name: CHAMPION UNIT 1 lease production and value, Nov 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

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.

Oil lease lease 13315District 06Field 12193500OilCasinghead gasSave Export

Value, all time

$2.3 M

Nov 1993 – Nov 2004

Value, last 12 filed months

$4 k

at the published price for each month

Months reported

133

no gaps in the span

Streams

oil, casinghead gas

The BROOKELAND (AUSTIN CHALK, 8800) field

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.

Stream	Basis	Volume	Value
Oil	Disposition	143,983 bbl	$2,140,762
Casinghead gas	Production	484,005 Mcf	$195,531
Total			$2,336,293

424,046 Mcf of this lease's gas, across 37 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 (133)

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

133 months


Nov 2004	0	0	45.28	6.33	$0
Oct 2004	0	0	49.70	6.52	$0
Sep 2004	55	0	43.24	5.28	$2,378
Aug 2004	0	0	42.37	5.55	$0
Jul 2004	0	0	38.28	6.08	$0
Jun 2004	0	0	36.10	6.43	$0
May 2004	0	28	37.48	6.49	$182
Apr 2004	0	70	34.47	5.86	$410
Mar 2004	0	48	34.36	5.53	$265
Feb 2004	0	40	32.45	5.51	$220
Jan 2004	0	34	32.03	6.30	$214
Dec 2003	0	9	30.26	6.30	$57
Nov 2003	0	17	28.80	4.60	$78
Oct 2003	0	1	28.17	4.76	$5
Sep 2003	0	0	26.31	4.75	$0
Aug 2003	0	3	29.76	5.13	$15
Jul 2003	0	7	29.41	5.17	$36
Jun 2003	0	6	28.56	5.98	$36
May 2003	0	6	26.59	5.97	$36
Apr 2003	0	16	26.67	5.41	$87
Mar 2003	0	22	31.14	6.10	$134
Feb 2003	0	19	33.48	7.93	$151
Jan 2003	0	20	30.31	5.58	$112
Dec 2002	0	18	26.91	4.85	$87
Nov 2002	0	23	24.66	4.14	$95
Oct 2002	0	5	26.46	4.23	$21
Sep 2002	0	10	27.44	3.64	$36
Aug 2002	154	0	25.96	3.16	$3,998
Jul 2002	0	0	24.58	3.06	$0
Jun 2002	0	19	23.73	3.34	$63
May 2002	0	32	24.66	3.58	$115
Apr 2002	0	37	23.65	3.51	$130
Mar 2002	0	59	22.00	3.10	$183
Feb 2002	0	47	18.22	2.38	$112
Jan 2002	0	92	17.17	2.38	$219
Dec 2001	0	88	16.93	2.36	$208
Nov 2001	0	126	18.07	2.41	$303
Oct 2001	0	181	19.78	2.53	$458
Sep 2001	0	183	24.26	2.25	$412
Aug 2001	1	215	24.87	3.05	$681
Jul 2001	4	485	23.93	3.20	$1,646
Jun 2001	363	1,389	24.56	3.82	$14,227
May 2001	183	513	25.52	4.31	$6,880
Apr 2001	11	1,021	24.68	5.34	$5,719
Mar 2001	385	2,332	24.54	5.38	$21,986
Feb 2001	373	724	27.75	5.77	$14,526
Jan 2001	196	1,511	27.47	8.40	$18,075
Dec 2000	197	0	26.88	9.12	$5,295
Nov 2000	360	1,582	32.21	5.66	$20,547
Oct 2000	0	865	31.23	5.15	$4,451
Sep 2000	198	1,044	31.87	5.19	$11,725
Aug 2000	192	1,097	29.64	4.54	$10,672
Jul 2000	194	1,785	28.53	4.09	$12,835
Jun 2000	368	2,395	29.30	4.40	$21,314
May 2000	0	642	27.26	3.68	$2,362
Apr 2000	380	2,098	24.51	3.12	$15,851
Mar 2000	366	2,293	28.42	2.86	$16,959
Feb 2000	543	5,452	27.62	2.73	$29,863
Jan 2000	771	5,438	25.27	2.48	$32,972
Dec 1999	463	5,081	24.28	2.42	$23,557
Nov 1999	545	3,997	23.19	2.43	$22,367
Oct 1999	1,098	5,083	20.98	2.80	$37,287
Sep 1999	71	1,816	21.75	2.62	$6,300
Aug 1999	0	700	19.26	2.88	$2,013
Jul 1999	176	371	17.89	2.37	$4,029
Jun 1999	0	105	15.94	2.36	$248
May 1999	0	21	15.79	2.32	$49
Apr 1999	187	27	15.10	2.21	$2,883
Mar 1999	192	1,104	12.47	1.84	$4,424
Feb 1999	0	67	9.98	1.82	$122
Jan 1999	535	2,411	10.38	1.90	$10,134
Dec 1998	733	2,186	9.20	1.77	$10,620
Nov 1998	0	60	10.89	2.19	$131
Oct 1998	0	62	12.42	1.97	$122
Sep 1998	0	60	12.59	2.08	$125
Aug 1998	0	36	11.30	1.91	$69
Jul 1998	0	97	11.74	2.24	$217
Jun 1998	173	178	11.24	2.24	$2,343
May 1998	0	33	12.62	2.21	$73
Apr 1998	0	0	13.04	2.51	$0
Mar 1998	160	80	12.80	2.31	$2,233
Feb 1998	186	105	13.95	2.30	$2,836
Jan 1998	0	0	14.70	2.15	$0
Dec 1997	565	81	16.32	2.41	$9,416
Nov 1997	176	82	18.19	3.09	$3,455
Oct 1997	0	28	19.25	3.15	$88
Sep 1997	0	16	17.74	2.95	$47
Aug 1997	0	45	17.86	2.55	$115
Jul 1997	0	97	17.58	2.25	$218
Jun 1997	0	98	17.24	2.26	$221
May 1997	0	168	18.97	2.31	$388
Apr 1997	0	651	17.88	2.08	$1,356
Mar 1997	171	866	18.95	1.94	$4,920
Feb 1997	1	0	20.49	2.21	$20
Jan 1997	192	0	23.48	3.54	$4,508
Dec 1996	0	0	23.32	—	$0
Nov 1996	0	52	21.97	—	$0
Oct 1996	0	481	23.31	—	$0
Sep 1996	186	397	22.22	—	$4,133
Aug 1996	0	813	20.26	—	$0
Jul 1996	450	354	19.55	—	$8,798
Jun 1996	0	400	18.73	—	$0
May 1996	189	1,192	19.43	—	$3,672
Apr 1996	378	1,022	21.51	—	$8,131
Mar 1996	238	1,313	19.38	—	$4,612
Feb 1996	368	1,924	16.98	—	$6,249
Jan 1996	943	3,718	17.07	—	$16,097
Dec 1995	701	5,752	17.19	—	$12,050
Nov 1995	955	6,623	16.00	—	$15,280
Oct 1995	1,316	8,980	15.43	—	$20,306
Sep 1995	749	5,318	16.18	—	$12,119
Aug 1995	940	5,554	15.92	—	$14,965
Jul 1995	1,137	4,105	15.24	—	$17,328
Jun 1995	652	3,651	16.41	—	$10,699
May 1995	1,427	4,538	17.56	—	$25,058
Apr 1995	1,244	6,697	17.73	—	$22,056
Mar 1995	2,531	10,140	16.44	—	$41,610
Feb 1995	1,605	5,561	16.58	—	$26,611
Jan 1995	525	2,288	15.92	—	$8,358
Dec 1994	1,468	4,519	15.03	—	$22,064
Nov 1994	2,143	12,622	15.90	—	$34,074
Oct 1994	3,051	12,025	15.58	—	$47,535
Sep 1994	3,557	14,922	15.29	—	$54,387
Aug 1994	4,656	18,289	16.13	—	$75,101
Jul 1994	5,579	18,795	17.56	—	$97,967
Jun 1994	6,902	26,546	17.09	—	$117,955
May 1994	7,844	24,778	15.88	—	$124,563
Apr 1994	8,580	28,352	14.14	—	$121,321
Mar 1994	9,355	31,034	12.46	—	$116,563
Feb 1994	10,831	30,128	12.50	—	$135,388
Jan 1994	14,915	33,169	12.66	—	$188,824
Dec 1993	27,548	61,546	12.33	—	$339,667
Nov 1993	10,102	26,448	14.49	—	$146,378

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 2004 — as filed, then multipliedworked

Oil                   55 bbl  × $ 43.24 =     $2,378
Casinghead gas         0 Mcf  × $  5.28 =         $0

────────────────────────────────────────────────────
Month total                                   $2,378

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/O/13315 is the state's own key, not one this site invented.