MineralRecord
Log inSign up

SWALE 1 UNIT

Operated by COTERRA ENERGY OPERATING CO. (P-5 103285) in the DERBY (BONE SPRING) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 273728District 08Field 24366100CondensateGasSaveExport
Value, all time
$23.4 M
May 2014 – May 2026
Value, last 12 filed months
$667 k
at the published price for each month
Months reported
145
no gaps in the span
Streams
2
condensate, gas

The DERBY (BONE SPRING) 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 71 leases and 77 wells, and the rule below applies to all of them.

Discovered
2013-03-26
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 2025-02-19.

The Commission's schedule remark for this field reads: “TEMPORARY RULES ADOPTED IN FINAL ORDER 08-0282091 EFFECTIVE AUG”

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
CondensateDisposition231,792 bbl$15,330,413
GasProduction2,413,921 Mcf$8,050,221
Total$23,380,634

Wells on this lease (1)

Every wellbore the Railroad Commission records against this lease key, with the depth, the last completion and the plug date exactly as filed. A well with no plug date is not stated to be producing — the state files no such flag.

These wells centre on 31.9987, -104.2188. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.99872, -104.21884 · centre of the wells drawn, derived

What these wells add up to

Every figure below is counted over all of this lease's wells, not over the rows listed above. The Railroad Commission files two facts about a well's state — a plug date and a proration-schedule flag — and a well can carry both, so they are published as separate counts and never merged into a status.

On the schedule
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
7,458 ft
1 wells filed one
Completion to plug
—
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
1100.0%

A plug date is the date the Commission recorded the wellbore as sealed with cement and abandoned. It is the only end-of-life fact Texas files. There is no "active" flag on a well, so this page does not print one — a well with no plug date is not stated to be producing.

How deep they were drilled

The one well that filed a depth was drilled to 7,458 ft.

Completions filed
May 2014
1 of 1 wells

1 well

42-109326522H7,458 ftMay 2014——

The API number is the state's, prefixed 42 for Texas. A well is matched to this lease by the lease key the Commission files on the wellbore record, so a well that has moved between leases appears under each one it was filed against.

Every month this lease reported (145)

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

145 months

May 202646414,434106.413.05$93,338
Apr 20261712,80098.932.87$24,952
Mar 202674210,42989.753.15$99,440
Feb 20263769,96063.503.75$61,229
Jan 20268210,01459.138.00$84,940
Dec 2025824,71356.664.41$25,446
Nov 20251845,11158.593.93$30,849
Oct 20252559,17559.383.30$45,464
Sep 20252428,55062.743.08$41,491
Aug 20253479,54063.933.01$50,945
Jul 20253239,74966.743.32$53,877
Jun 202533510,31366.483.13$54,537
May 202557110,86860.553.23$69,703
Apr 202547710,50162.363.54$66,952
Mar 202563310,81667.704.27$89,020
Feb 20253899,50770.884.34$68,841
Jan 20254628,61774.324.28$71,205
Dec 202448810,04268.993.12$65,012
Nov 202445610,01169.052.20$53,495
Oct 202446310,82371.372.28$57,736
Sep 202444310,62569.612.36$55,959
Aug 202448411,42275.632.06$60,176
Jul 202452110,85579.932.15$64,945
Jun 202437410,30178.082.63$56,335
May 202445711,40578.812.20$61,089
Apr 202449111,89584.451.66$61,201
Mar 202457311,73680.301.55$64,146
Feb 202455110,74976.091.78$61,098
Jan 202450611,50473.023.30$74,884
Dec 202360811,73771.262.61$73,968
Nov 202356811,37177.892.81$76,166
Oct 202362911,53485.443.09$89,350
Sep 20234079,85689.042.74$63,196
Aug 202329710,36880.522.67$51,627
Jul 202333715,53174.852.64$66,254
Jun 202362312,03768.962.26$70,147
May 202355211,22170.622.23$63,976
Apr 202357911,00678.122.24$69,860
Mar 202354312,64172.852.39$69,809
Feb 20235499,03975.112.47$63,523
Jan 202343411,81176.533.39$73,226
Dec 202242111,07276.415.73$95,601
Nov 202262111,76285.005.65$119,196
Oct 202262111,53987.185.86$121,801
Sep 202262511,76984.888.16$149,128
Aug 202274713,07794.529.13$189,962
Jul 202296912,740101.587.54$194,517
Jun 202253810,488115.097.98$145,583
May 202277410,878109.378.43$176,387
Apr 202276810,668104.226.84$152,984
Mar 202275511,331108.885.08$139,725
Feb 202259810,02991.054.86$103,177
Jan 202262112,56181.844.54$107,820
Dec 202174511,95871.323.90$99,759
Nov 202157110,70177.435.24$100,252
Oct 202157711,56079.795.71$112,091
Sep 202157611,76469.865.35$103,188
Aug 202174612,82566.024.22$103,380
Jul 202171812,56370.783.98$100,847
Jun 202165412,00469.493.38$86,027
May 202181612,62963.483.02$89,910
Apr 202170311,55860.362.76$74,315
Mar 202164412,70961.302.72$74,007
Feb 20214168,51057.805.55$71,258
Jan 202172412,68850.412.81$72,154
Dec 202078812,08944.642.68$67,520
Nov 202085512,36738.772.71$66,621
Oct 202077512,17536.972.48$58,827
Sep 20201,03111,92237.091.99$61,977
Aug 202079812,61739.982.39$61,997
Jul 202077612,86938.371.83$53,263
Jun 202075712,41534.901.69$47,405
May 202058212,95116.921.81$33,350
Apr 202061312,16014.751.80$30,983
Mar 202072612,46530.341.86$45,165
Feb 202069212,74249.881.98$59,755
Jan 202078113,29557.252.09$72,562
Dec 201974012,18159.012.30$71,737
Nov 201958512,05555.302.75$65,510
Oct 201973311,98253.472.42$68,172
Sep 201984012,93155.052.66$80,603
Aug 20191,01713,62453.112.30$85,407
Jul 20191,10913,34756.272.46$95,238
Jun 201988813,69352.782.49$80,981
May 201959314,15758.482.74$73,473
Apr 201963813,89562.632.75$78,179
Mar 201971214,31556.803.06$84,276
Feb 201963513,53250.852.79$70,074
Jan 201969716,46746.033.23$85,241
Dec 201864916,13346.594.19$97,761
Nov 201854914,91552.934.24$92,257
Oct 201870515,35461.443.40$95,489
Sep 201871213,24359.543.11$83,552
Aug 201880715,51359.403.07$95,507
Jul 201880412,01565.142.93$87,599
Jun 201865611,28660.183.08$74,204
May 201881815,38265.382.90$98,101
Apr 201887515,21663.842.90$99,999
Mar 201897916,03361.222.79$104,616
Feb 20181,47114,45761.782.77$130,868
Jan 20181,35716,31562.874.01$150,727
Dec 20171,48316,29157.272.92$132,526
Nov 20171,47416,14355.423.12$132,029
Oct 20171,53816,81149.292.98$125,967
Sep 20171,48316,70647.523.09$122,048
Aug 20171,46917,06045.373.00$117,904
Jul 20171,16412,74743.873.09$90,418
Jun 201789415,73042.493.09$86,549
May 201797017,22645.373.26$100,224
Apr 201787516,94147.933.21$96,346
Mar 201797817,57146.772.98$98,167
Feb 201798016,40850.452.95$97,887
Jan 20171,17019,19349.413.42$123,427
Dec 20161,36919,48048.763.72$139,273
Nov 20161,68718,96642.492.64$121,833
Oct 20161,75920,86446.193.09$145,723
Sep 20161,73820,26441.553.10$135,045
Aug 20161,75421,39841.442.92$135,261
Jul 20161,85721,85841.622.92$141,209
Jun 20161,75522,21745.352.69$139,260
May 20161,99123,38842.521.99$131,224
Apr 20162,09223,19036.561.99$122,656
Mar 20162,39724,60133.011.79$123,259
Feb 20162,48522,43026.472.06$112,065
Jan 20162,91426,22627.352.36$141,706
Dec 20152,31624,27932.362.00$123,538
Nov 20152,79826,02038.792.17$164,928
Oct 20153,50727,81543.552.43$220,225
Sep 20153,64627,40542.992.76$232,336
Aug 20152,44929,65340.162.87$183,530
Jul 20153,75625,01148.152.95$254,511
Jun 20154,37126,17756.152.88$320,896
May 20155,71130,17255.212.96$404,476
Apr 20157,11732,17349.822.71$441,647
Mar 20155,42633,20142.892.93$330,156
Feb 20152,47219,34344.662.98$167,968
Jan 20154,69041,14343.433.10$331,256
Dec 20145,26848,04354.693.59$460,647
Nov 20145,03649,07770.464.25$563,504
Oct 20147,45548,53078.303.90$773,040
Sep 20145,49544,19986.164.05$652,254
Aug 201411,63951,33189.394.04$1,247,537
Jul 201414,06166,15796.564.18$1,634,240
Jun 201423,25979,82498.164.74$2,661,220
May 201410,28528,55194.734.73$1,109,246

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 2026 — as filed, then multipliedworked
Condensate           464 bbl  × $106.41 =    $49,374
Gas               14,434 Mcf  × $  3.05 =    $43,964

────────────────────────────────────────────────────
Month total                                  $93,338

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. 08/G/273728 is the state's own key, not one this site invented.