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 273749District 08Field 24366100CondensateGasSaveExport
Value, all time
$23.6 M
May 2014 – May 2026
Value, last 12 filed months
$318 k
at the published price for each month
Months reported
145
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 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
CondensateDisposition220,954 bbl$14,641,159
GasProduction2,711,970 Mcf$8,973,776
Total$23,614,935

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, -104.2143. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.99870, -104.21427 · 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
7,387 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 7,387 ft.

Completions filed
May 2014
1 of 1 wells

1 well

42-109325261H7,387 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 202601,823106.413.05$5,553
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 202667063.503.75$4,255
Jan 202633059.138.00$1,951
Dec 2025122056.664.41$6,913
Nov 20253165,61858.593.93$40,573
Oct 20254169,87559.383.30$57,337
Sep 20252738,49462.743.08$43,263
Aug 20253639,35863.933.01$51,419
Jul 20253499,97566.743.32$56,361
Jun 20252849,93866.483.13$49,974
May 202548211,10760.553.23$65,086
Apr 202545511,07962.363.54$67,628
Mar 202563711,67167.704.27$92,940
Feb 20253649,73970.884.34$68,076
Jan 202540611,27374.324.28$78,407
Dec 202447610,01568.993.12$64,100
Nov 20244519,77569.052.20$52,631
Oct 202451010,51271.372.28$60,381
Sep 202442810,32669.612.36$54,207
Aug 202438010,21075.632.06$49,809
Jul 202450610,28879.932.15$62,529
Jun 202438610,17878.082.63$56,948
May 202450912,37478.812.20$67,318
Apr 202449511,37084.451.66$60,668
Mar 202453311,07680.301.55$59,914
Feb 202452310,44776.091.78$58,429
Jan 202445510,86973.023.30$69,066
Dec 202356211,06671.262.61$68,938
Nov 202351410,51977.892.81$69,568
Oct 202360311,17585.443.09$86,021
Sep 202365210,61089.042.74$87,073
Aug 202351610,67580.522.67$70,081
Jul 202354710,86274.852.64$69,638
Jun 202361911,09468.962.26$67,742
May 202358611,27170.622.23$66,488
Apr 202354910,36578.122.24$66,082
Mar 202360310,86172.852.39$69,921
Feb 20235889,73075.112.47$68,156
Jan 202337411,10976.533.39$66,256
Dec 20223067,07176.415.73$63,892
Nov 202258212,07985.005.65$117,670
Oct 202262210,83287.185.86$117,742
Sep 202261610,86084.888.16$140,944
Aug 202277512,25894.529.13$185,134
Jul 202270211,939101.587.54$161,354
Jun 202238510,902115.097.98$131,277
May 202238111,646109.378.43$139,881
Apr 202231811,769104.226.84$113,614
Mar 202249511,817108.885.08$113,883
Feb 202245010,04991.054.86$89,799
Jan 202244712,88581.844.54$95,050
Dec 202150911,69371.323.90$81,894
Nov 202148510,69577.435.24$93,562
Oct 202152411,70479.795.71$108,685
Sep 202153211,89769.865.35$100,825
Aug 202141813,04866.024.22$82,667
Jul 202138412,44970.783.98$76,752
Jun 202134411,98469.493.38$64,418
May 202138012,50563.483.02$61,858
Apr 202141511,92260.362.76$57,935
Mar 202157413,49161.302.72$71,840
Feb 20213448,60857.805.55$67,640
Jan 202160813,47950.412.81$68,529
Dec 202061112,79644.642.68$61,510
Nov 202048512,53238.772.71$52,722
Oct 202055612,63036.972.48$51,858
Sep 202074312,47537.091.99$52,396
Aug 202058112,94739.982.39$54,108
Jul 202058213,07238.371.83$46,189
Jun 202070413,56734.901.69$47,502
May 202060813,89416.921.81$35,502
Apr 202063113,15014.751.80$33,035
Mar 202070313,85530.341.86$47,047
Feb 202063814,29149.881.98$60,129
Jan 202070015,37557.252.09$72,282
Dec 201980414,91659.012.30$81,816
Nov 201997414,31155.302.75$93,227
Oct 201981214,63253.472.42$78,806
Sep 201969915,44455.052.66$79,519
Aug 201983416,07253.112.30$81,329
Jul 201993015,31356.272.46$90,002
Jun 201980615,48552.782.49$81,117
May 201948616,79958.482.74$74,456
Apr 201951115,89262.632.75$75,718
Mar 201957016,35256.803.06$82,447
Feb 201950715,28450.852.79$68,457
Jan 201955618,10146.033.23$84,026
Dec 201847712,01746.594.19$72,520
Nov 20184438,57752.934.24$59,791
Oct 201856315,65461.443.40$87,784
Sep 201857117,23959.543.11$87,576
Aug 201863218,41859.403.07$94,021
Jul 201863217,58365.142.93$92,720
Jun 201852714,74560.183.08$77,084
May 201864316,61165.382.90$90,225
Apr 201871315,74163.842.90$91,179
Mar 201889616,09361.222.79$99,702
Feb 201877716,44061.782.77$93,478
Jan 201871818,62162.874.01$119,798
Dec 201778317,98257.272.92$97,377
Nov 201777817,80355.423.12$98,633
Oct 201781418,92949.292.98$96,600
Sep 201780119,62247.523.09$98,642
Aug 201784419,85445.373.00$97,942
Jul 201779922,09943.873.09$103,278
Jun 201788421,29742.493.09$103,311
May 201799622,62945.373.26$119,036
Apr 201792720,61947.933.21$110,651
Mar 20171,05122,13546.772.98$115,199
Feb 20171,00720,31150.452.95$110,773
Jan 20171,18923,86649.413.42$140,342
Dec 20161,36424,45348.763.72$157,543
Nov 20161,37024,72542.492.64$123,593
Oct 20161,75527,38246.193.09$165,681
Sep 20161,72327,63141.553.10$157,264
Aug 20161,45428,51241.442.92$143,633
Jul 20161,93526,17641.622.92$157,082
Jun 20161,74426,13645.352.69$149,287
May 20161,58627,12842.521.99$121,450
Apr 20161,98127,17336.561.99$126,528
Mar 20162,24029,13733.011.79$126,214
Feb 20162,01527,67726.472.06$110,452
Jan 20162,40131,14127.352.36$139,296
Dec 20151,92428,74032.362.00$119,781
Nov 20152,58031,23338.792.17$167,770
Oct 20153,60732,79143.552.43$236,655
Sep 20153,83831,76542.992.76$252,617
Aug 20152,80131,68040.162.87$203,489
Jul 20153,62727,34948.152.95$255,185
Jun 20154,49731,57456.152.88$343,530
May 20155,72034,78555.212.96$418,607
Apr 20157,39634,99249.822.71$463,177
Mar 20155,53936,67542.892.93$345,198
Feb 20152,89422,17444.662.98$195,240
Jan 20155,56748,89043.433.10$393,365
Dec 20146,40557,22454.693.59$555,801
Nov 20147,47260,91470.464.25$785,474
Oct 20149,64771,26378.303.90$1,033,354
Sep 20146,06874,17086.164.05$822,869
Aug 201411,74593,78789.394.04$1,428,327
Jul 201415,97094,65896.564.18$1,937,696
Jun 201424,842104,88798.164.74$2,935,328
May 20144,2236,76994.734.73$432,039

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             0 bbl  × $106.41 =         $0
Gas                1,823 Mcf  × $  3.05 =     $5,553

────────────────────────────────────────────────────
Month total                                   $5,553

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/273749 is the state's own key, not one this site invented.