DENTON

Operated by SURGE OPERATING, LLC (P-5 760725) in the SPRABERRY (TREND AREA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 48238District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$2.7 M
Nov 2016 – May 2026
Value, last 12 filed months
$47 k
at the published price for each month
Months reported
115
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 16,587 leases and 43,997 wells, and the rule below applies to all of them.

Discovered
1952-12-22
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 2018-02-13.

The Commission's schedule remark for this field reads: SPRABERRY (TREND AREA) FIELD EFFECTIVE 10/1/2019.

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
OilDisposition40,500 bbl$2,403,813
Casinghead gasProduction73,137 Mcf$269,891
Total$2,673,704

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 32.1341, -101.4892. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.13409, -101.48922 · 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
10,215 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 10,215 ft.

Completions filed
Nov 2016
1 of 1 wells

1 well

42-22738838310,215 ftNov 2016

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 (115)

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

115 months

May 202600106.413.05$0
Apr 202633098.932.87$3,265
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 2026171059.138.00$10,111
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 2025185059.383.30$10,985
Sep 2025185062.743.08$11,607
Aug 2025167063.933.01$10,676
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 2025170060.553.23$10,294
Apr 20250062.363.54$0
Mar 2025185067.704.27$12,525
Feb 2025195070.884.34$13,822
Jan 2025184074.324.28$13,675
Dec 20240068.993.12$0
Nov 2024183069.052.20$12,636
Oct 2024182071.372.28$12,989
Sep 2024188069.612.36$13,087
Aug 2024183075.632.06$13,840
Jul 2024193079.932.15$15,426
Jun 2024363078.082.63$28,343
May 2024187078.812.20$14,737
Apr 2024178084.451.66$15,032
Mar 2024179080.301.55$14,374
Feb 2024193076.091.78$14,685
Jan 2024164073.023.30$11,975
Dec 2023176071.262.61$12,542
Nov 2023345077.892.81$26,872
Oct 2023200085.443.09$17,088
Sep 2023173089.042.74$15,404
Aug 20233366480.522.67$27,226
Jul 202317684374.852.64$15,401
Jun 2023054368.962.26$1,226
May 202324775070.622.23$19,114
Apr 202336570978.122.24$30,100
Mar 202301,17472.852.39$2,810
Feb 202318265975.112.47$15,295
Jan 202317665976.533.39$15,702
Dec 2022364076.415.73$27,813
Nov 20225531,51985.005.65$55,582
Oct 20225241,60487.185.86$55,088
Sep 2022101,60584.888.16$13,952
Aug 202203094.529.13$274
Jul 20223661,779101.587.54$50,596
Jun 20227121,265115.097.98$92,035
May 202291,151109.378.43$10,691
Apr 20223281,396104.226.84$43,729
Mar 20220282108.885.08$1,432
Feb 202252854091.054.86$50,698
Jan 20225361,03381.844.54$48,554
Dec 20213621,45071.323.90$31,472
Nov 20213611,84177.435.24$37,593
Oct 2021929079.795.71$74,125
Sep 202118882869.865.35$17,564
Aug 2021360066.024.22$23,767
Jul 20213321,97770.783.98$31,372
Jun 20219003,89969.493.38$75,722
May 20213813,79063.483.02$35,623
Apr 20211,1324,45960.362.76$80,627
Mar 20216832,92161.302.72$49,804
Feb 20213732,18057.805.55$33,654
Jan 20211,0804,51550.412.81$67,131
Dec 20207142,83144.642.68$39,447
Nov 20208773,01738.772.71$42,167
Oct 20201,0552,93436.972.48$46,275
Sep 20201,0322,57037.091.99$43,394
Aug 20206901,61239.982.39$31,431
Jul 2020011438.371.83$208
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20201932514.751.80$2,892
Mar 202021438030.341.86$7,198
Feb 202022636649.881.98$11,998
Jan 202019036457.252.09$11,640
Dec 20194420859.012.30$3,076
Nov 201915455.302.75$204
Oct 20190053.472.42$0
Sep 201936543455.052.66$21,247
Aug 201934858053.112.30$19,819
Jul 201935641056.272.46$21,041
Jun 2019262452.782.49$1,432
May 201921638858.482.74$13,695
Apr 201919916062.632.75$12,903
Mar 201946340256.803.06$27,529
Feb 201938535750.852.79$20,574
Jan 201919240946.033.23$10,158
Dec 201836541346.594.19$18,734
Nov 201817710652.934.24$9,818
Oct 201832730861.443.40$21,137
Sep 201834917159.543.11$21,311
Aug 20183659059.403.07$21,957
Jul 201854428565.142.93$36,272
Jun 201818528160.183.08$11,998
May 20182159965.382.90$14,344
Apr 201834063.842.90$2,171
Mar 201817061.222.79$1,041
Feb 201802561.782.77$69
Jan 2018185062.874.01$11,631
Dec 2017214057.272.92$12,256
Nov 2017226055.423.12$12,525
Oct 2017199049.292.98$9,809
Sep 201785783047.523.09$43,287
Aug 2017707045.373.00$32,077
Jul 2017620043.873.09$27,199
Jun 2017567042.493.09$24,092
May 201714745.373.26$658
Apr 20171,9941,93147.933.21$101,774
Mar 20172,8772,84546.772.98$143,046
Feb 201740123250.452.95$20,915
Jan 20171,9551,41949.413.42$101,448
Dec 20162,25299148.763.72$113,497
Nov 201613042.492.64$552

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 2026 — as filed, then multipliedworked
Oil                   33 bbl  × $ 98.93 =     $3,265
Casinghead gas         0 Mcf  × $  2.87 =         $0

────────────────────────────────────────────────────
Month total                                   $3,265

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/O/48238 is the state's own key, not one this site invented.