LOVING CSL 272-6

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 50470District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$9.6 M
Dec 2017 – May 2026
Value, last 12 filed months
$789 k
at the published price for each month
Months reported
102
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
OilDisposition145,978 bbl$9,366,622
Casinghead gasProduction62,046 Mcf$191,054
Total$9,557,676

Every month this lease reported (102)

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

102 months

May 20261,030214106.413.05$110,254
Apr 20269111,06698.932.87$93,184
Mar 20261,05437289.753.15$95,768
Feb 20261,23167163.503.75$80,685
Jan 202647834159.138.00$30,991
Dec 20251,06051356.664.41$62,324
Nov 20251,07849658.593.93$65,108
Oct 202571828859.383.30$43,587
Sep 20256959062.743.08$43,881
Aug 202568752163.933.01$45,491
Jul 202586052766.743.32$59,144
Jun 202585737966.483.13$58,159
May 20251,40330560.553.23$85,938
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20251815874.324.28$13,700
Dec 20241,09330568.993.12$76,358
Nov 202472230569.052.20$50,525
Oct 202471542671.372.28$52,001
Sep 202488934869.612.36$62,706
Aug 20241,08243275.632.06$82,723
Jul 202453315279.932.15$42,929
Jun 202489836078.082.63$71,064
May 20241,06735778.812.20$84,875
Apr 20241,7921684.451.66$151,361
Mar 202471013080.301.55$57,214
Feb 20240076.091.78$0
Jan 202454724373.023.30$40,743
Dec 20231,41763571.262.61$102,633
Nov 20231,44758177.892.81$114,338
Oct 20231,59063085.443.09$137,795
Sep 20231,42420189.042.74$127,343
Aug 20231,61933380.522.67$131,252
Jul 20231,39228574.852.64$104,944
Jun 20231,43334468.962.26$99,597
May 20230070.622.23$0
Apr 202302878.122.24$63
Mar 20230072.852.39$0
Feb 202370416175.112.47$53,274
Jan 20231,08732676.533.39$84,293
Dec 20221,99715376.415.73$153,467
Nov 20221,431085.005.65$121,635
Oct 20221802187.185.86$15,816
Sep 20227152784.888.16$60,910
Aug 20221,7828794.529.13$169,229
Jul 2022891115101.587.54$91,375
Jun 20221,58331115.097.98$182,435
May 202218167109.378.43$20,361
Apr 202218411104.226.84$19,252
Mar 20221,858510108.885.08$204,888
Feb 20221,00411391.054.86$91,963
Jan 20221,3996781.844.54$114,798
Dec 202133838071.323.90$25,588
Nov 20211,04850077.435.24$83,765
Oct 20211,38656379.795.71$113,806
Sep 202186279669.865.35$64,479
Aug 20211,1931,19266.024.22$83,793
Jul 20211,0191,27170.783.98$77,186
Jun 20211,19877969.493.38$85,883
May 20211,5231,24963.483.02$100,449
Apr 20211,4041,05260.362.76$87,647
Mar 20212,04446761.302.72$126,566
Feb 202199031557.805.55$58,970
Jan 20212,31421850.412.81$117,261
Dec 20202,153044.642.68$96,110
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20201,46779737.091.99$55,998
Aug 20201,6071,05639.982.39$66,767
Jul 20201,5811,19438.371.83$62,842
Jun 20201,45968534.901.69$52,077
May 20201,49650816.921.81$26,234
Apr 20201,1607414.751.80$17,244
Mar 20201,94433630.341.86$59,605
Feb 20201,78478749.881.98$90,545
Jan 20202,30271857.252.09$133,294
Dec 20191,02967259.012.30$62,270
Nov 20191,50677555.302.75$85,414
Oct 20191,53185653.472.42$83,933
Sep 20191,96095255.052.66$110,428
Aug 20191,6651,11353.112.30$90,993
Jul 20191,67577056.272.46$96,147
Jun 20191,60441252.782.49$85,685
May 20191,95968758.482.74$116,445
Apr 20191,01654162.632.75$65,120
Mar 20191,61168356.803.06$93,596
Feb 20192,15758950.852.79$111,328
Jan 20192,32160146.033.23$108,776
Dec 20182,22664046.594.19$106,388
Nov 20182,047052.934.24$108,348
Oct 20181,347061.443.40$82,760
Sep 20181,7181,35959.543.11$106,513
Aug 20183,3053,50459.403.07$207,062
Jul 20184,1151,84065.142.93$273,446
Jun 20184,2753,88560.183.08$269,223
May 20185,9714,21665.382.90$402,614
Apr 20186,7042,72063.842.90$435,874
Mar 20186,5902,77261.222.79$411,165
Feb 20184,9982,11261.782.77$314,618
Jan 20182,7671,76962.874.01$181,054
Dec 20170057.272.92$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.

May 2026 — as filed, then multipliedworked
Oil                1,030 bbl  × $106.41 =   $109,602
Casinghead gas       214 Mcf  × $  3.05 =       $652

────────────────────────────────────────────────────
Month total                                 $110,254

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/50470 is the state's own key, not one this site invented.