JOTUNN UNIT A 25-24

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 50613District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$55.7 M
Jul 2018 – May 2026
Value, last 12 filed months
$2.7 M
at the published price for each month
Months reported
95
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
OilDisposition838,311 bbl$50,247,387
Casinghead gasProduction1,594,376 Mcf$5,462,550
Total$55,709,937

Every month this lease reported (95)

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

95 months

May 202600106.413.05$0
Apr 20262,53415,59198.932.87$295,430
Mar 20262,56515,37989.753.15$278,644
Feb 20262,42414,10463.503.75$206,819
Jan 20262,47016,40959.138.00$277,289
Dec 20252,13713,87856.664.41$182,331
Nov 20252,60415,61058.593.93$213,860
Oct 20253,04118,01259.383.30$240,101
Sep 20253,09917,59062.743.08$248,554
Aug 20253,18618,42763.933.01$259,234
Jul 20252,83116,98166.743.32$245,236
Jun 20252,73216,24366.483.13$232,443
May 20252,92814,57760.553.23$224,408
Apr 20253,32615,84362.363.54$263,543
Mar 20253,33216,43567.704.27$295,726
Feb 20253,08916,99170.884.34$292,704
Jan 20253,53418,81774.324.28$343,159
Dec 20243,66418,56568.993.12$310,728
Nov 20243,48617,19269.052.20$278,504
Oct 20243,48318,09071.372.28$289,852
Sep 20243,38217,66069.612.36$277,176
Aug 20243,10416,83875.632.06$269,503
Jul 20243,55118,65179.932.15$323,867
Jun 20243,75918,01178.082.63$340,943
May 20243,86318,75778.812.20$345,679
Apr 20243,51218,42584.451.66$327,159
Mar 20243,76919,05280.301.55$332,089
Feb 20243,91617,38776.091.78$328,981
Jan 20244,33819,60573.023.30$381,411
Dec 20234,48819,03871.262.61$369,518
Nov 20234,04317,90477.892.81$365,176
Oct 20234,78420,27885.443.09$471,349
Sep 20234,88519,92289.042.74$489,448
Aug 20235,24320,41180.522.67$476,723
Jul 20235,31019,66774.852.64$449,410
Jun 20234,86217,29268.962.26$374,337
May 20234,86016,57470.622.23$380,130
Apr 20235,11317,15378.122.24$437,812
Mar 20235,17615,88672.852.39$415,089
Feb 20234,80014,73675.112.47$396,862
Jan 20233,59712,38376.533.39$317,229
Dec 20224,14814,22576.415.73$398,445
Nov 20225,70817,26185.005.65$582,639
Oct 20225,13616,23887.185.86$542,972
Sep 20224,32914,46684.888.16$485,541
Aug 20225,08116,93794.529.13$634,843
Jul 20226,08319,425101.587.54$764,416
Jun 20226,11518,362115.097.98$850,253
May 20226,20516,246109.378.43$815,644
Apr 20226,32818,224104.226.84$784,113
Mar 20225,51516,612108.885.08$684,802
Feb 20226,16417,49391.054.86$646,228
Jan 20227,35119,73481.844.54$691,152
Dec 20217,51220,36471.323.90$615,158
Nov 20217,66620,10677.435.24$698,870
Oct 20217,79420,22679.795.71$737,452
Sep 20218,23120,72969.865.35$685,937
Aug 20218,95521,35966.024.22$681,357
Jul 20218,78220,81470.783.98$704,473
Jun 20219,17818,37869.493.38$699,908
May 20219,97520,39663.483.02$694,761
Apr 20218,15017,19160.362.76$539,354
Mar 202111,01320,85361.302.72$731,753
Feb 20216,78013,26157.805.55$465,455
Jan 202111,70822,13350.412.81$652,400
Dec 20209,20416,55944.642.68$455,170
Nov 202010,71819,84738.772.71$469,254
Oct 202013,09822,58236.972.48$540,201
Sep 202011,65919,17637.091.99$470,612
Aug 202013,13921,29539.982.39$576,088
Jul 202015,87023,49538.371.83$651,813
Jun 202016,58021,28534.901.69$614,620
May 202011,89415,20816.921.81$228,845
Apr 202016,49620,95314.751.80$281,123
Mar 202018,22920,69630.341.86$591,484
Feb 202010,37113,41149.881.98$543,868
Jan 202018,94120,91757.252.09$1,128,188
Dec 201923,99525,01659.012.30$1,473,591
Nov 201927,12124,50455.302.75$1,567,194
Oct 201931,20624,42253.472.42$1,727,650
Sep 201924,23116,27855.052.66$1,377,172
Aug 201910,7494,94953.112.30$582,284
Jul 201931,40420,33956.272.46$1,817,138
Jun 201937,66624,51152.782.49$2,049,073
May 201947,94827,93458.482.74$2,880,547
Apr 201936,26319,50262.632.75$2,324,796
Mar 201910,5816,09156.803.06$619,652
Feb 201920,66610,85950.852.79$1,081,187
Jan 201969034646.033.23$32,878
Dec 20180046.594.19$0
Nov 20183,43094652.934.24$185,558
Oct 20187,7693,33361.443.40$488,653
Sep 201818,9368,91359.543.11$1,155,151
Aug 201815,6158,45959.403.07$953,471
Jul 20183,1151,15365.142.93$206,292

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                2,534 bbl  × $ 98.93 =   $250,689
Casinghead gas    15,591 Mcf  × $  2.87 =    $44,742

────────────────────────────────────────────────────
Month total                                 $295,430

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/50613 is the state's own key, not one this site invented.