KRAKEN UNIT A 06-43

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 49829District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$32.2 M
Oct 2017 – May 2026
Value, last 12 filed months
$1.5 M
at the published price for each month
Months reported
104
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
OilDisposition490,296 bbl$30,038,723
Casinghead gasProduction635,849 Mcf$2,175,913
Total$32,214,636

Every month this lease reported (104)

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

104 months

May 202600106.413.05$0
Apr 20261,7274,85098.932.87$184,770
Mar 20261,8834,65989.753.15$183,672
Feb 20261,5173,86363.503.75$110,817
Jan 20262,3045,13659.138.00$177,313
Dec 20251,3535,21756.664.41$99,685
Nov 20251,0173,62558.593.93$73,819
Oct 20251,8445,13659.383.30$126,470
Sep 20251,8415,43062.743.08$132,212
Aug 20251,8415,37663.933.01$133,902
Jul 20252,0125,36666.743.32$152,070
Jun 20251,8614,64566.483.13$138,252
May 20251,6805,17960.553.23$118,464
Apr 20251,8284,41962.363.54$129,651
Mar 20252,0245,18567.704.27$159,156
Feb 20251,3733,12970.884.34$110,901
Jan 20251,8755,24674.324.28$161,796
Dec 20242,1986,20568.993.12$171,008
Nov 20242,2065,86669.052.20$165,220
Oct 20242,0275,98071.372.28$158,310
Sep 20242,3244,75369.612.36$173,011
Aug 20242,6984,35375.632.06$213,033
Jul 20241,8414,15079.932.15$156,059
Jun 20242,6854,64378.082.63$221,874
May 20242,5204,27778.812.20$208,004
Apr 20241,7074,21884.451.66$151,155
Mar 20242,7446,26380.301.55$230,020
Feb 20242,3855,27176.091.78$190,876
Jan 20242,7254,72973.023.30$214,574
Dec 20232,2315,26171.262.61$172,716
Nov 20232,5695,28077.892.81$214,923
Oct 20232,4034,69285.443.09$219,798
Sep 20232,6104,88389.042.74$245,750
Aug 20232,3895,43780.522.67$206,895
Jul 20232,7735,16174.852.64$221,193
Jun 20232,3714,33468.962.26$173,292
May 20232,8924,22470.622.23$213,642
Apr 20233,1565,02578.122.24$257,791
Mar 20231,0302,26272.852.39$80,449
Feb 20231,5613,31375.112.47$125,416
Jan 20233,1976,65376.533.39$267,205
Dec 20222,3236,67676.415.73$215,748
Nov 20222,6726,08385.005.65$261,466
Oct 20222,4575,83887.185.86$248,434
Sep 20222,9216,72084.888.16$302,794
Aug 20222,9546,88194.529.13$342,016
Jul 20223,3267,475101.587.54$394,232
Jun 20222,9425,508115.097.98$382,533
May 20223,2797,030109.378.43$417,909
Apr 20223,1467,208104.226.84$377,162
Mar 20223,2767,327108.885.08$393,886
Feb 20223,6646,62991.054.86$365,816
Jan 20223,3596,81581.844.54$305,825
Dec 20213,6707,05071.323.90$289,233
Nov 20214,4706,74777.435.24$381,445
Oct 20212,5645,45379.795.71$235,739
Sep 20213,8096,20769.865.35$299,310
Aug 20213,5875,61866.024.22$260,525
Jul 20214,1276,19070.783.98$316,758
Jun 20212,7253,86469.493.38$202,423
May 20214,6066,87363.483.02$313,129
Apr 20214,3425,04660.362.76$276,002
Mar 20212,7493,88061.302.72$179,055
Feb 20211,8992,09157.805.55$121,363
Jan 20213,9076,07650.412.81$214,027
Dec 20204,6877,69044.642.68$229,802
Nov 20204,8487,75238.772.71$208,938
Oct 20205,2987,89636.972.48$215,437
Sep 20205,2527,93737.091.99$210,600
Aug 20206,6128,60839.982.39$284,879
Jul 20206,1117,78938.371.83$248,695
Jun 20203,7034,05234.901.69$136,084
May 20200016.921.81$0
Apr 20205,5787,86314.751.80$96,463
Mar 20206,2979,16330.341.86$208,060
Feb 20206,5589,14549.881.98$345,226
Jan 20207,2829,71857.252.09$437,251
Dec 20195,9218,59859.012.30$369,211
Nov 20197,7909,66855.302.75$457,381
Oct 20194,3586,94453.472.42$249,817
Sep 20197,85110,57655.052.66$460,301
Aug 20198,32711,21453.112.30$468,088
Jul 20199,21311,33756.272.46$546,305
Jun 20199,17911,49552.782.49$513,104
May 201910,94911,80858.482.74$672,655
Apr 201912,27511,81462.632.75$801,280
Mar 20199,1099,49956.803.06$546,478
Feb 201913,34412,00550.852.79$712,063
Jan 201913,0079,06946.033.23$627,989
Dec 201816,0579,42546.594.19$787,543
Nov 201814,5476,70752.934.24$798,392
Oct 201812,6565,80161.443.40$797,297
Sep 201810,2215,49359.543.11$625,631
Aug 201824159.403.07$245
Jul 20189,0008,09065.142.93$609,979
Jun 201812,05210,79860.183.08$758,514
May 201815,72111,60065.382.90$1,061,488
Apr 201821,6997,47563.842.90$1,406,948
Mar 20187,7063,33761.222.79$481,061
Feb 20180061.782.77$0
Jan 20184,7111,43962.874.01$301,950
Dec 201710,5465,83057.272.92$621,002
Nov 201711,2866,52655.423.12$645,821
Oct 20176,5472,66849.292.98$330,662

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                1,727 bbl  × $ 98.93 =   $170,852
Casinghead gas     4,850 Mcf  × $  2.87 =    $13,918

────────────────────────────────────────────────────
Month total                                 $184,770

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/49829 is the state's own key, not one this site invented.