SWAN, J.W.

Operated by WESTERN CHIEF OIL & GAS COMPANY (P-5 911802) in the TJN (CONGLOMERATE) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 24576District 09Field 87998400NGPA filingOilCasinghead gasSaveExport
Value, all time
$42 k
Jan 1993 – Nov 2005
Value, last 12 filed months
$0
at the published price for each month
Months reported
155
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 20 leases and 24 wells, and the rule below applies to all of them.

Discovered
1984-08-06
as the register files it
Field class
Oil and gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

The Commission's schedule remark for this field reads: ALLOCATION FORMULA EFFECTIVE 03/01/93.

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
OilDisposition659 bbl$11,847
Casinghead gasProduction36,183 Mcf$30,399
Total$42,245

24,103 Mcf of this lease's gas, across 48 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.

Wells on this lease (2)

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 33.1369, -98.2530. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles.

33.13685, -98.25303 · 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
100.0%
2 of 2 wells
With a plug date
100.0%
2 of 2 wells
Median depth
5,019 ft
2 wells filed one
Completion to plug
14.4 years
median over 2 wells

What the state filed about each well

On the RRC proration schedule
2100.0%
A plug date is filed
2100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
2100.0%
NeitherNo plug date, and not on the schedule.
00.0%

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

Between 5,010 and 5,028 ft, median 5,019 ft, over the 2 wells that filed a depth.

Completions filed
Jul 1984 – Jan 1985
2 of 2 wells
Plug dates filed
Aug 1992 – Sep 2005
2 of 2 wells

Last completion to plug: a median of 14.4 years across the 2 wells that filed both dates, with the middle half between 11.0 years and 17.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-2373649535,010 ftJan 1985Aug 1992Yes
42-2373603425,028 ftJul 1984Sep 2005Yes

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 (155)

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

155 months

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 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 200171024.563.82$1,744
May 20010025.524.31$0
Apr 20010024.685.34$0
Mar 20010024.545.38$0
Feb 20010027.755.77$0
Jan 20010027.478.40$0
Dec 20000026.889.12$0
Nov 20000032.215.66$0
Oct 20000031.235.15$0
Sep 20000031.875.19$0
Aug 20000029.644.54$0
Jul 20000028.534.09$0
Jun 20000029.304.40$0
May 20000027.263.68$0
Apr 20000024.513.12$0
Mar 20000028.422.86$0
Feb 20000027.622.73$0
Jan 20000025.272.48$0
Dec 19990024.282.42$0
Nov 19990023.192.43$0
Oct 19990020.982.80$0
Sep 19990021.752.62$0
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 1999009.981.82$0
Jan 1999071110.381.90$1,351
Dec 199804729.201.77$837
Nov 1998035410.892.19$774
Oct 1998036612.421.97$721
Sep 1998013612.592.08$283
Aug 1998017011.301.91$324
Jul 1998033411.742.24$747
Jun 1998030911.242.24$691
May 1998022312.622.21$492
Apr 1998027413.042.51$686
Mar 1998068912.802.31$1,591
Feb 1998071513.952.30$1,644
Jan 1998033314.702.15$718
Dec 1997921,04216.322.41$4,014
Nov 199701,12018.193.09$3,459
Oct 199701,37319.253.15$4,325
Sep 199701,10217.742.95$3,256
Aug 1997054817.862.55$1,400
Jul 1997053917.582.25$1,211
Jun 1997075417.242.26$1,702
May 199702318.972.31$53
Apr 19970017.882.08$0
Mar 19970018.951.94$0
Feb 199709320.492.21$205
Jan 1997040023.483.54$1,416
Dec 1996017923.32$0
Nov 1996027121.97$0
Oct 1996026523.31$0
Sep 1996014522.22$0
Aug 1996033020.26$0
Jul 1996021819.55$0
Jun 1996021818.73$0
May 1996042619.43$0
Apr 1996039321.51$0
Mar 199611373919.38$2,190
Feb 1996079016.98$0
Jan 1996047617.07$0
Dec 1995026617.19$0
Nov 1995072016.00$0
Oct 1995085015.43$0
Sep 1995061316.18$0
Aug 1995075815.92$0
Jul 1995075515.24$0
Jun 1995056316.41$0
May 1995057517.56$0
Apr 199511936517.73$2,110
Mar 1995072916.44$0
Feb 1995057916.58$0
Jan 1995065315.92$0
Dec 1994072415.03$0
Nov 1994076915.90$0
Oct 1994067615.58$0
Sep 1994042515.29$0
Aug 1994065316.13$0
Jul 1994076117.56$0
Jun 199413552417.09$2,307
May 1994061515.88$0
Apr 1994081414.14$0
Mar 1994060112.46$0
Feb 1994074012.50$0
Jan 1994083912.66$0
Dec 1993039812.33$0
Nov 199308214.49$0
Oct 1993046215.85$0
Sep 1993048915.03$0
Aug 1993043715.66$0
Jul 199312954915.46$1,994
Jun 1993045716.79$0
May 1993024817.68$0
Apr 19930118.05$0
Mar 1993024018.14$0
Feb 1993037217.90$0
Jan 1993035116.93$0

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.

Jun 2001 — as filed, then multipliedworked
Oil                   71 bbl  × $ 24.56 =     $1,744
Casinghead gas         0 Mcf  × $  3.82 =         $0

────────────────────────────────────────────────────
Month total                                   $1,744

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. 09/O/24576 is the state's own key, not one this site invented.