GSU UNIT A-543

Operated by SWIFT ENERGY OPERATING, LLC (P-5 833348) 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 13898District 06Field 12193500OilCasinghead gasSaveExport
Value, all time
$131 k
Mar 1999 – Aug 2007
Value, last 12 filed months
$11 k
at the published price for each month
Months reported
102
no gaps in the span
Streams
2
oil, casinghead 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
OilDisposition2,448 bbl$68,322
Casinghead gasProduction17,304 Mcf$62,293
Total$130,615

Every month this lease reported (102)

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

102 months

Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 2007180058.747.85$10,573
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 200401042.375.55$56
Jul 20040038.286.08$0
Jun 20040636.106.43$39
May 200403637.486.49$234
Apr 20040434.475.86$23
Mar 200404034.365.53$221
Feb 20040532.455.51$28
Jan 20040632.036.30$38
Dec 20031792530.266.30$5,574
Nov 200302928.804.60$133
Oct 20030928.174.76$43
Sep 20030226.314.75$10
Aug 200301829.765.13$92
Jul 20030529.415.17$26
Jun 20030628.565.98$36
May 200302526.595.97$149
Apr 20030126.675.41$5
Mar 20030131.146.10$6
Feb 20030133.487.93$8
Jan 20030830.315.58$45
Dec 20020026.914.85$0
Nov 200202824.664.14$116
Oct 200201026.464.23$42
Sep 200202527.443.64$91
Aug 200201325.963.16$41
Jul 200203524.583.06$107
Jun 20020023.733.34$0
May 200201424.663.58$50
Apr 200202223.653.51$77
Mar 20020522.003.10$16
Feb 200203218.222.38$76
Jan 200201917.172.38$45
Dec 200101816.932.36$43
Nov 20011461518.072.41$2,674
Oct 200103219.782.53$81
Sep 20010124.262.25$2
Aug 200104024.873.05$122
Jul 200104723.933.20$150
Jun 2001010124.563.82$386
May 200109925.524.31$426
Apr 200107024.685.34$373
Mar 2001014324.545.38$769
Feb 2001014027.755.77$807
Jan 2001027927.478.40$2,343
Dec 2000015826.889.12$1,441
Nov 200019032232.215.66$7,942
Oct 2000041331.235.15$2,125
Sep 2000240031.875.19$2,138
Aug 200017887029.644.54$9,226
Jul 20001861,25528.534.09$10,439
Jun 20007163,62729.304.40$36,928
May 20000027.263.68$0
Apr 200001,03924.513.12$3,238
Mar 200001,64128.422.86$4,693
Feb 2000048727.622.73$1,328
Jan 2000272925.272.48$1,859
Dec 1999019124.282.42$463
Nov 1999015623.192.43$380
Oct 1999019420.982.80$544
Sep 199917117021.752.62$4,164
Aug 1999034219.262.88$983
Jul 199918054817.892.37$4,520
Jun 199918760315.942.36$4,405
May 1999077915.792.32$1,808
Apr 199913165015.102.21$3,413
Mar 199901,30512.471.84$2,399

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.

May 2007 — as filed, then multipliedworked
Oil                  180 bbl  × $ 58.74 =    $10,573
Casinghead gas         0 Mcf  × $  7.85 =         $0

────────────────────────────────────────────────────
Month total                                  $10,573

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/13898 is the state's own key, not one this site invented.