DRAGON UNIT A 20-29

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 50202District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$73.3 M
Jul 2017 – May 2026
Value, last 12 filed months
$3.9 M
at the published price for each month
Months reported
107
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
OilDisposition1,098,600 bbl$66,783,352
Casinghead gasProduction1,850,807 Mcf$6,536,700
Total$73,320,053

Every month this lease reported (107)

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

107 months

May 202600106.413.05$0
Apr 20264,01213,47298.932.87$435,568
Mar 20264,62614,55989.753.15$461,036
Feb 20264,15812,59163.503.75$311,253
Jan 20264,61713,82659.138.00$383,582
Dec 20254,46514,15556.664.41$315,458
Nov 20254,70414,54858.593.93$332,729
Oct 20254,94016,46859.383.30$347,761
Sep 20253,72312,87562.743.08$273,196
Aug 20254,69415,79463.933.01$347,703
Jul 20254,88715,78666.743.32$378,492
Jun 20254,23813,02566.483.13$322,494
May 20254,70514,36860.553.23$331,330
Apr 20253,89511,03362.363.54$281,983
Mar 20254,83613,14067.704.27$383,483
Feb 20254,57612,02470.884.34$376,541
Jan 20254,50811,30674.324.28$383,409
Dec 20245,04913,16168.993.12$389,411
Nov 20244,29011,11769.052.20$320,665
Oct 20244,42511,12971.372.28$341,202
Sep 20243,9299,25069.612.36$295,368
Aug 20243,7699,17675.632.06$303,985
Jul 20244,0419,22479.932.15$342,797
Jun 20243,7688,80278.082.63$317,390
May 20244,1728,79878.812.20$348,137
Apr 20244,2388,24484.451.66$371,578
Mar 20244,4517,75980.301.55$369,404
Feb 20243,8066,75776.091.78$301,651
Jan 20242,9876,17773.023.30$238,480
Dec 20232,4346,20271.262.61$189,639
Nov 20232,1896,59977.892.81$189,028
Oct 20235,16719,87685.443.09$502,831
Sep 20235,27219,85189.042.74$523,712
Aug 20235,62320,99480.522.67$508,878
Jul 20235,85320,85674.852.64$493,194
Jun 20235,40518,45868.962.26$414,416
May 20234,72617,53070.622.23$372,796
Apr 20235,95620,88678.122.24$512,021
Mar 20236,69522,00172.852.39$540,383
Feb 20235,09117,58775.112.47$425,749
Jan 20236,37720,85376.533.39$558,676
Dec 20225,35318,62276.415.73$515,710
Nov 20226,40721,47185.005.65$665,825
Oct 20226,74022,50087.185.86$719,528
Sep 20225,26318,68284.888.16$599,237
Aug 20226,72623,15194.529.13$847,044
Jul 20226,62122,884101.587.54$845,154
Jun 20227,70025,093115.097.98$1,086,365
May 20227,85925,347109.378.43$1,073,291
Apr 20227,94724,249104.226.84$994,041
Mar 20228,67524,024108.885.08$1,066,489
Feb 20227,20819,78191.054.86$752,401
Jan 20228,45121,16981.844.54$787,688
Dec 20217,89519,93271.323.90$640,789
Nov 20216,29015,80777.435.24$569,814
Oct 20216,83917,95179.795.71$648,253
Sep 20218,37122,53269.865.35$705,365
Aug 20219,48726,33766.024.22$737,489
Jul 20219,10124,63770.783.98$742,275
Jun 20219,19623,69969.493.38$719,147
May 202111,31228,20263.483.02$803,190
Apr 20218,43518,96760.362.76$561,456
Mar 202111,87022,92661.302.72$789,920
Feb 20215,85712,27857.805.55$406,652
Jan 202112,10426,20950.412.81$683,817
Dec 202011,62122,78544.642.68$579,722
Nov 202011,66125,43038.772.71$520,925
Oct 202012,82824,81236.972.48$535,746
Sep 202013,48525,39337.091.99$550,717
Aug 202014,78425,26939.982.39$651,333
Jul 202014,71321,09238.371.83$603,033
Jun 20208,5219,99834.901.69$314,283
May 20202,6773,42616.921.81$51,512
Apr 202012,79120,22914.751.80$225,168
Mar 202012,92521,02930.341.86$431,179
Feb 202013,75527,95149.881.98$741,461
Jan 202014,83624,23957.252.09$900,135
Dec 201916,26626,37459.012.30$1,020,632
Nov 201917,07127,43355.302.75$1,019,486
Oct 201916,35922,92853.472.42$930,168
Sep 201917,27924,49455.052.66$1,016,296
Aug 201919,37126,76353.112.30$1,090,465
Jul 201921,26126,64956.272.46$1,261,915
Jun 201921,56425,59252.782.49$1,201,903
May 201922,70924,48758.482.74$1,395,125
Apr 201923,53523,39962.632.75$1,538,361
Mar 201926,94824,56856.803.06$1,605,876
Feb 201929,03526,26150.852.79$1,549,756
Jan 201937,99629,05046.033.23$1,842,735
Dec 201833,18921,77646.594.19$1,637,418
Nov 201810,3279,86852.934.24$588,421
Oct 20184,7374,77561.443.40$307,267
Sep 201824,57027,32859.543.11$1,547,833
Aug 201828,20328,02859.403.07$1,761,208
Jul 201832,73128,55265.142.93$2,215,808
Jun 201839,77223,85360.183.08$2,466,873
May 201840,96119,76165.382.90$2,735,353
Apr 201817,11412,30063.842.90$1,128,238
Mar 201827,76413,83861.222.79$1,738,276
Feb 201894429061.782.77$59,122
Jan 20186,5226,14862.874.01$434,687
Dec 2017010,08457.272.92$29,461
Nov 201712,31311,47655.423.12$718,173
Oct 201715,6086,37249.292.98$788,330
Sep 201710,612047.523.09$504,282
Aug 20176,238045.373.00$283,018
Jul 20170043.873.09$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.

Apr 2026 — as filed, then multipliedworked
Oil                4,012 bbl  × $ 98.93 =   $396,907
Casinghead gas    13,472 Mcf  × $  2.87 =    $38,661

────────────────────────────────────────────────────
Month total                                 $435,568

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/50202 is the state's own key, not one this site invented.