SWINK -C-

Operated by CRESCENT EXPLORATION, LLC (P-5 189446) in the HORIZON (CLEVELAND) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 3909District 10Field 42597332NGPA filingOilCasinghead gasSaveExport
Value, all time
$546 k
Jan 1993 – Jan 2012
Value, last 12 filed months
$29 k
at the published price for each month
Months reported
229
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 172 leases and 292 wells, and the rule below applies to all of them.

Discovered
1957-09-19
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,320 ft
minimum
From a lease line
660 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 1958-06-01.

The Commission's schedule remark for this field reads: PETRO (CLEVELAND) FLD 68735120 EFC 5/1/11

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
NGPA2none

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
OilDisposition9,300 bbl$327,561
Casinghead gasProduction68,565 Mcf$218,643
Total$546,204

26,692 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 36.1113, -100.9329. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles.

36.11129, -100.93286 · 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
50.0%
1 of 2 wells
Median depth
9,250 ft
2 wells filed one
Completion to plug
29.1 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
2100.0%
A plug date is filed
150.0%
BothOn the schedule and plugged. Neither fact cancels the other.
150.0%
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 9,200 and 9,300 ft, median 9,250 ft, over the 2 wells that filed a depth.

Completions filed
Jul 1974 – Mar 1991
2 of 2 wells
Plug dates filed
Aug 2003
1 of 2 wells; 1 filed none

Last completion to plug: a median of 29.1 years across the 1 well that filed both dates, with the middle half between 29.1 years and 29.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-3573185129,200 ftMar 1991Yes
42-3573021119,300 ftJul 1974Aug 2003Yes

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 (229)

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

229 months

Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 2011238252105.964.33$26,310
Mar 20111914596.364.06$2,419
Feb 201147585.644.18$656
Jan 20113927186.504.59$4,617
Dec 20107741185.734.35$8,388
Nov 20103942480.843.80$4,762
Oct 2010391978.103.51$3,113
Sep 201039072.633.98$2,833
Aug 20100073.684.42$0
Jul 201038072.554.74$2,757
Jun 20100070.364.91$0
May 201057071.124.24$4,054
Apr 201038081.694.12$3,104
Mar 201038078.394.39$2,979
Feb 20100073.585.44$0
Jan 201034074.365.96$2,528
Dec 2009964871.445.48$7,121
Nov 2009020474.593.75$765
Oct 20092922072.544.11$3,008
Sep 20097726865.543.06$5,868
Aug 20091836267.423.22$2,379
Jul 20091940061.133.46$2,547
Jun 20093942266.163.90$4,224
May 20095922654.743.93$4,117
Apr 20097022846.773.59$4,092
Mar 20098033342.144.06$4,723
Feb 20093834132.814.63$2,827
Jan 20096547335.865.37$4,871
Dec 200809037.105.98$538
Nov 200819255.496.86$1,068
Oct 2008201275.246.92$1,588
Sep 2008028101.767.88$221
Aug 2008095114.228.48$806
Jul 200839143131.0811.39$6,741
Jun 200840261131.3313.03$8,655
May 20080407123.1711.57$4,711
Apr 200840356110.3110.45$8,134
Mar 200816509101.909.66$6,549
Feb 20082048692.538.77$6,113
Jan 200804590.388.21$369
Dec 20070188.337.30$7
Nov 200779091.677.29$7,242
Oct 200719182.856.92$1,581
Sep 20070075.846.24$0
Aug 200720069.066.39$1,381
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 2007985558.747.85$6,188
Apr 20074011359.617.81$3,266
Mar 20072017156.927.30$2,387
Feb 2007016155.108.22$1,323
Jan 2007022750.306.73$1,527
Dec 20063832256.656.92$4,380
Nov 20064019254.207.62$3,631
Oct 2006924454.906.01$1,961
Sep 20061930460.085.04$2,673
Aug 20068438068.717.34$8,561
Jul 2006047769.376.34$3,026
Jun 20068853766.286.38$9,261
May 20060066.016.42$0
Apr 200629064.397.36$1,867
Mar 2006599456.707.08$4,011
Feb 20062018557.597.75$2,586
Jan 20062024860.598.93$3,427
Dec 20052022554.9413.42$4,117
Nov 20052031154.6910.59$4,387
Oct 20052941858.3413.80$7,458
Sep 20055023661.4512.08$5,923
Aug 20053739761.519.80$6,165
Jul 20051844755.697.84$4,509
Jun 20053950252.337.38$5,746
May 200511860445.226.65$9,353
Apr 20051037649.207.36$3,260
Mar 200501650.377.15$114
Feb 200502045.226.31$126
Jan 2005613643.166.32$2,860
Dec 2004181239.866.75$798
Nov 2004281945.286.33$1,388
Oct 2004825749.706.52$4,447
Sep 2004194443.245.28$1,054
Aug 2004302042.375.55$1,382
Jul 20042910938.286.08$1,773
Jun 20042917136.106.43$2,147
May 20047746637.486.49$5,912
Apr 20045926534.475.86$3,586
Mar 20042022634.365.53$1,937
Feb 20042027732.455.51$2,175
Jan 20047845032.036.30$5,333
Dec 20039745230.266.30$5,784
Nov 200329028.804.60$835
Oct 20033928928.174.76$2,474
Sep 200312336826.314.75$4,984
Aug 20033038729.765.13$2,878
Jul 20037640129.415.17$4,309
Jun 20032034128.565.98$2,611
May 20034039526.595.97$3,423
Apr 20036241026.675.41$3,871
Mar 20034143531.146.10$3,929
Feb 20032038533.487.93$3,721
Jan 20033144530.315.58$3,424
Dec 20022042826.914.85$2,616
Nov 20024044724.664.14$2,836
Oct 20027049126.464.23$3,929
Sep 20027951927.443.64$4,054
Aug 20023942225.963.16$2,348
Jul 20022050624.583.06$2,041
Jun 200211949423.733.34$4,473
May 20022951324.663.58$2,554
Apr 20026053123.653.51$3,284
Mar 20025946722.003.10$2,747
Feb 200202218.222.38$52
Jan 2002782217.172.38$1,392
Dec 200120516.932.36$350
Nov 2001291718.072.41$565
Oct 2001319619.782.53$856
Sep 200111019524.262.25$3,108
Aug 20015730624.873.05$2,352
Jul 20018533423.933.20$3,102
Jun 20015733424.563.82$2,677
May 2001034825.524.31$1,499
Apr 20013937424.685.34$2,958
Mar 20014049124.545.38$3,621
Feb 20017943027.755.77$4,672
Jan 20013949127.478.40$5,195
Dec 20002850326.889.12$5,341
Nov 20002048832.215.66$3,405
Oct 20004057831.235.15$4,223
Sep 20007762031.875.19$5,670
Aug 20002967129.644.54$3,906
Jul 20002062928.534.09$3,143
Jun 200010950229.304.40$5,401
May 20007524227.263.68$2,935
Apr 20002828124.513.12$1,562
Mar 20001938328.422.86$1,635
Feb 20002648327.622.73$2,035
Jan 200014568025.272.48$5,351
Dec 199903024.282.42$73
Nov 1999106623.192.43$393
Oct 1999017520.982.80$491
Sep 1999028821.752.62$754
Aug 19992027219.262.88$1,167
Jul 19993847917.892.37$1,816
Jun 19994051715.942.36$1,859
May 19994339715.792.32$1,600
Apr 19992937315.102.21$1,262
Mar 19995347112.471.84$1,527
Feb 19993009.981.82$299
Jan 1999104010.381.90$1,080
Dec 1998009.201.77$0
Nov 199822010.892.19$240
Oct 19981358312.421.97$1,840
Sep 19981085412.592.08$1,472
Aug 19981581911.301.91$1,822
Jul 199815011.742.24$176
Jun 1998302111.242.24$384
May 19987714512.622.21$1,292
Apr 199812222913.042.51$2,165
Mar 19986027712.802.31$1,408
Feb 19981520013.952.30$669
Jan 19988014.702.15$118
Dec 199734116.322.41$557
Nov 19973210518.193.09$906
Oct 19971414619.253.15$729
Sep 19972822617.742.95$1,165
Aug 199734017.862.55$607
Jul 19973331817.582.25$1,295
Jun 19977432617.242.26$2,012
May 199714124018.972.31$3,229
Apr 199778017.882.08$1,395
Mar 199713845718.951.94$3,501
Feb 199715721920.492.21$3,700
Jan 199713211623.483.54$3,510
Dec 199622524523.32$5,247
Nov 199621628621.97$4,746
Oct 19968255523.31$1,911
Sep 199621,45022.22$44
Aug 1996221,82420.26$446
Jul 199681,72619.55$156
Jun 199661,72118.73$112
May 19961198419.43$214
Apr 19962641921.51$559
Mar 19961636619.38$310
Feb 1996251,55716.98$425
Jan 19961661317.07$273
Dec 19951419517.19$241
Nov 19951330316.00$208
Oct 19951443415.43$216
Sep 1995553616.18$81
Aug 19951079915.92$159
Jul 19951436315.24$213
Jun 19954447216.41$722
May 19955256817.56$913
Apr 19953251417.73$567
Mar 19958941816.44$1,463
Feb 19954040516.58$663
Jan 1995520015.92$80
Dec 19945542015.03$827
Nov 19942943715.90$461
Oct 19943745715.58$576
Sep 19942539615.29$382
Aug 19944738916.13$758
Jul 19943442617.56$597
Jun 19941653917.09$273
May 19944143415.88$651
Apr 19942643114.14$368
Mar 19944244412.46$523
Feb 19942027212.50$250
Jan 19943039212.66$380
Dec 19934042912.33$493
Nov 19935042614.49$725
Oct 19931857015.85$285
Sep 19933449015.03$511
Aug 19934048215.66$626
Jul 19934348415.46$665
Jun 19933845716.79$638
May 19933443917.68$601
Apr 19933937818.05$704
Mar 19935129618.14$925
Feb 19932111617.90$376
Jan 19931213516.93$203

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.

Apr 2011 — as filed, then multipliedworked
Oil                  238 bbl  × $105.96 =    $25,218
Casinghead gas       252 Mcf  × $  4.33 =     $1,092

────────────────────────────────────────────────────
Month total                                  $26,310

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. 10/O/3909 is the state's own key, not one this site invented.