SLEDGE UNIT 06-07

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 49349District 08Field 85280300OilCasinghead gasSave
Value, all time
$154.8 M
Jan 2017 – May 2026
Value, last 12 filed months
$5.7 M
at the published price for each month
Months reported
113
no gaps in the span
Streams
2
oil, casinghead gas

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
OilDisposition2,192,657 bbl$127,005,902
Casinghead gasProduction7,863,882 Mcf$27,838,021
Total$154,843,923

Wells on this lease (9)

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 32.4385, -101.5389. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.5 miles.

32.43854, -101.53913 · 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 9 wells
With a plug date
0.0%
0 of 9 wells
Median depth
7,760 ft
9 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.
9100.0%

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

0k
2k
4k
6k
8k
10k
12k
15k
20k+

Total depth in feet, 9 of 9 wells. Median 7,760 ft, with the middle half between 7,503 and 7,798 ft; the shallowest is 7,406 ft and the deepest 7,803 ft. The median is published rather than the mean, because a single mis-keyed depth moves a mean and cannot move a median.

When they were last completed

10s
20s

Last completion by decade, 9 of 9 wells, Jan 2017 – Feb 2020. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Jan 2017 – Feb 2020
9 of 9 wells

9 wells

42-227402555AH7,760 ftFeb 2020
42-227402714SH7,406 ftFeb 2020
42-227394454AH7,783 ftMay 2018
42-227394893SH7,459 ftMay 2018
42-227392163AH7,803 ftMar 2018
42-227392312SH7,503 ftMar 2018
42-227390951SH7,506 ftSep 2017
42-227390152AH7,802 ftJun 2017
42-227388541AH7,798 ftJan 2017

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 (113)

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

113 months

May 202600106.413.05$0
Apr 20263,59959,48898.932.87$526,763
Mar 20264,20966,67589.753.15$587,747
Feb 20262,98450,72963.503.75$379,734
Jan 20263,16758,61759.138.00$656,079
Dec 20254,69472,85556.664.41$587,497
Nov 20254,41368,94058.593.93$529,246
Oct 20254,30865,86959.383.30$473,496
Sep 20254,03959,39762.743.08$436,167
Aug 20253,84356,48863.933.01$415,981
Jul 20255,21766,11766.743.32$567,374
Jun 20254,94369,42766.483.13$545,828
May 20255,22069,21460.553.23$539,793
Apr 20254,51469,01162.363.54$526,007
Mar 20254,51666,10867.704.27$587,903
Feb 20253,96457,55870.884.34$530,818
Jan 20254,62364,90674.324.28$621,293
Dec 20244,61265,68568.993.12$523,209
Nov 20244,62860,56269.052.20$452,705
Oct 20243,41456,79771.372.28$373,234
Sep 20241,87551,21969.612.36$251,619
Aug 20243,48974,30775.632.06$417,215
Jul 20245,32288,61879.932.15$615,614
Jun 20244,80582,10478.082.63$591,435
May 20244,77376,52278.812.20$544,389
Apr 20245,28076,42484.451.66$572,699
Mar 20245,75285,49980.301.55$593,993
Feb 20245,67378,98376.091.78$572,536
Jan 20245,75383,86173.023.30$696,629
Dec 20236,27684,08471.262.61$666,748
Nov 20235,75772,93777.892.81$653,188
Oct 20236,43779,30085.443.09$794,799
Sep 20236,18082,77689.042.74$776,663
Aug 20235,22677,60280.522.67$628,218
Jul 20236,62484,63174.852.64$719,385
Jun 20236,65179,87168.962.26$639,040
May 20237,28682,36170.622.23$697,988
Apr 20236,73579,76578.122.24$704,633
Mar 20237,65784,44772.852.39$759,908
Feb 20237,95183,50475.112.47$803,094
Jan 20238,95792,95076.533.39$1,000,368
Dec 20228,94590,10376.415.73$1,199,695
Nov 20228,97590,22385.005.65$1,272,292
Oct 20229,25691,11887.185.86$1,341,232
Sep 20229,79790,25484.888.16$1,568,374
Aug 202210,50194,87094.529.13$1,858,448
Jul 20229,75588,746101.587.54$1,660,242
Jun 202210,69293,314115.097.98$1,974,927
May 202211,21292,537109.378.43$2,006,625
Apr 202211,82990,965104.226.84$1,854,801
Mar 202213,18992,684108.885.08$1,906,519
Feb 202212,98186,05991.054.86$1,600,067
Jan 202214,40892,29481.844.54$1,597,951
Dec 202110,91685,54671.323.90$1,112,083
Nov 202111,33086,78777.435.24$1,331,772
Oct 202116,505103,50979.795.71$1,908,371
Sep 202116,75496,54969.865.35$1,687,060
Aug 202118,775102,56666.024.22$1,672,415
Jul 202119,94996,24870.783.98$1,795,257
Jun 202114,65582,67269.493.38$1,297,859
May 202115,08082,85063.483.02$1,207,292
Apr 202117,63887,87460.362.76$1,307,023
Mar 202124,00296,10961.302.72$1,732,445
Feb 202114,75967,25357.805.55$1,226,186
Jan 202125,52896,47950.412.81$1,557,999
Dec 202028,43694,95744.642.68$1,523,437
Nov 202026,64085,49638.772.71$1,264,234
Oct 202025,48880,04236.972.48$1,140,670
Sep 202027,24877,17437.091.99$1,164,285
Aug 202031,82282,41439.982.39$1,468,809
Jul 202033,52978,53438.371.83$1,429,842
Jun 202027,91064,02134.901.69$1,082,274
May 202024,42253,67116.921.81$510,620
Apr 202037,75872,57314.751.80$687,880
Mar 202053,74794,21430.341.86$1,805,567
Feb 202057,48174,65449.881.98$3,015,017
Jan 202011,34135,36957.252.09$723,361
Dec 20198,94840,09059.012.30$620,403
Nov 201920,00973,71355.302.75$1,309,260
Oct 201922,32079,98153.472.42$1,386,888
Sep 201921,06670,16655.052.66$1,346,134
Aug 201920,74270,25453.112.30$1,263,498
Jul 201923,85271,51056.272.46$1,518,071
Jun 201922,24066,98652.782.49$1,340,703
May 201926,47072,92258.482.74$1,747,795
Apr 201926,60169,24262.632.75$1,856,485
Mar 201929,45472,60656.803.06$1,895,314
Feb 201929,71273,76950.852.79$1,716,834
Jan 201933,43577,83646.033.23$1,790,282
Dec 201839,34892,19246.594.19$2,219,087
Nov 201845,88591,56552.934.24$2,816,676
Oct 201856,021106,53861.443.40$3,803,955
Sep 201864,246116,01959.543.11$4,185,794
Aug 201881,297120,91959.403.07$5,199,847
Jul 2018105,863130,01265.142.93$7,277,095
Jun 2018124,884104,85160.183.08$7,838,137
May 201814,3497,85565.382.90$960,923
Apr 201869,52152,37863.842.90$4,590,159
Mar 201860,18130,15961.222.79$3,768,329
Feb 201865860161.782.77$42,314
Jan 201840,26215,59462.874.01$2,593,793
Dec 201742,87558,31557.272.92$2,625,820
Nov 201756,19756,97955.423.12$3,292,119
Oct 201773,00835,94049.292.98$3,705,798
Sep 201711,1993,32647.523.09$542,445
Aug 20176,114045.373.00$277,392
Jul 201711,933043.873.09$523,501
Jun 20172,055042.493.09$87,317
May 20173,9274,68045.373.26$193,441
Apr 201722,81925,83547.933.21$1,176,686
Mar 201730,54014,11346.772.98$1,470,464
Feb 201715,667050.452.95$790,400
Jan 2017340049.413.42$16,799

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                3,599 bbl  × $ 98.93 =   $356,049
Casinghead gas    59,488 Mcf  × $  2.87 =   $170,714

────────────────────────────────────────────────────
Month total                                 $526,763

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/49349 is the state's own key, not one this site invented.