HIGGINBOTHAM UNIT A 30-18

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 50584District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$68.2 M
Jun 2018 – May 2026
Value, last 12 filed months
$3.8 M
at the published price for each month
Months reported
96
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
OilDisposition1,046,847 bbl$62,255,231
Casinghead gasProduction1,674,201 Mcf$5,910,588
Total$68,165,819

Every month this lease reported (96)

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

96 months

May 202600106.413.05$0
Apr 20263,53416,63298.932.87$397,348
Mar 20263,48516,00689.753.15$363,189
Feb 20263,50915,42563.503.75$280,670
Jan 20263,87917,10859.138.00$366,194
Dec 20253,49116,02456.664.41$268,520
Nov 20254,04216,99858.593.93$303,562
Oct 20254,41417,93259.383.30$321,366
Sep 20254,77718,11262.743.08$355,438
Aug 20254,97218,69363.933.01$374,215
Jul 20255,02918,20366.743.32$395,982
Jun 20254,11216,59866.483.13$325,296
May 20253,88113,85060.553.23$279,762
Apr 20254,84416,58662.363.54$360,838
Mar 20255,23517,27467.704.27$428,140
Feb 20254,85515,08470.884.34$409,600
Jan 20255,30515,86374.324.28$462,140
Dec 20245,31615,55768.993.12$415,310
Nov 20245,02614,31369.052.20$378,512
Oct 20245,14614,41271.372.28$400,150
Sep 20244,49112,29569.612.36$341,688
Aug 20243,63010,81175.632.06$296,847
Jul 20242,3468,98879.932.15$206,809
Jun 20243,12311,00178.082.63$272,820
May 20243,70910,46378.812.20$315,309
Apr 20243,71510,44884.451.66$331,067
Mar 20243,34210,16680.301.55$284,070
Feb 20242,0447,53476.091.78$168,966
Jan 20241,3665,61673.023.30$118,265
Dec 20232,6769,82771.262.61$216,347
Nov 20232,97810,85077.892.81$262,418
Oct 20235,02716,15185.443.09$479,370
Sep 20234,62215,43689.042.74$453,761
Aug 20235,26616,80180.522.67$468,925
Jul 20235,24416,13374.852.64$435,134
Jun 20234,27713,57268.962.26$325,594
May 20235,30316,63170.622.23$411,542
Apr 20234,88015,58478.122.24$416,099
Mar 20234,41914,87372.852.39$357,518
Feb 20235,52316,68275.112.47$455,965
Jan 20236,56719,94576.533.39$570,141
Dec 20226,51520,32376.415.73$614,243
Nov 20226,92419,98085.005.65$701,351
Oct 20226,98920,24187.185.86$727,989
Sep 20226,74419,63584.888.16$732,725
Aug 20226,79920,42494.529.13$829,055
Jul 20227,59021,672101.587.54$934,444
Jun 20225,66117,134115.097.98$788,206
May 20227,61721,827109.378.43$1,017,139
Apr 20227,86421,579104.226.84$967,135
Mar 20228,24022,227108.885.08$1,010,004
Feb 20227,81320,58591.054.86$811,393
Jan 20229,00722,66481.844.54$839,975
Dec 20219,29023,25271.323.90$753,225
Nov 20219,20722,44477.435.24$830,434
Oct 20219,67622,78379.795.71$902,227
Sep 20219,48322,77469.865.35$784,344
Aug 202110,62824,79866.024.22$806,323
Jul 202111,02124,88870.783.98$879,172
Jun 202111,12321,51169.493.38$845,658
May 202112,24025,07963.483.02$852,675
Apr 202112,26423,71860.362.76$805,679
Mar 202113,76323,92261.302.72$908,667
Feb 20218,05314,30557.805.55$544,827
Jan 202113,38123,98650.412.81$741,943
Dec 202014,16724,15244.642.68$697,033
Nov 202012,01520,96138.772.71$522,554
Oct 202015,60725,70836.972.48$640,706
Sep 202015,86225,80337.091.99$639,696
Aug 202017,75226,72139.982.39$773,457
Jul 202017,40422,87638.371.83$709,543
Jun 202015,52022,16934.901.69$579,120
May 202020,53825,91416.921.81$394,530
Apr 202021,51925,84514.751.80$364,039
Mar 202024,24425,64130.341.86$783,159
Feb 202017,43414,90049.881.98$899,120
Jan 202026,14524,56757.252.09$1,548,263
Dec 201931,07626,30759.012.30$1,894,416
Nov 201923,99616,67955.302.75$1,372,858
Oct 20193,9391,83753.472.42$215,061
Sep 201920,46018,74655.052.66$1,176,136
Aug 201937,37328,95053.112.30$2,051,591
Jul 201947,17433,34356.272.46$2,736,507
Jun 201947,93427,03852.782.49$2,597,314
May 201963,10035,32558.482.74$3,786,890
Apr 201957,06732,57762.632.75$3,663,716
Mar 20194,1802,23756.803.06$244,274
Feb 201913,8077,30250.852.79$722,475
Jan 201920,71418,23946.033.23$1,012,344
Dec 20187043,00446.594.19$45,372
Nov 20180052.934.24$0
Oct 20186,4362,54961.443.40$404,090
Sep 201815,2678,54459.543.11$935,552
Aug 201819,1359,34459.403.07$1,165,273
Jul 201819,9279,78865.142.93$1,326,742
Jun 20189,0594,90760.183.08$560,269

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                3,534 bbl  × $ 98.93 =   $349,619
Casinghead gas    16,632 Mcf  × $  2.87 =    $47,729

────────────────────────────────────────────────────
Month total                                 $397,348

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/50584 is the state's own key, not one this site invented.