CHIMERA UNIT A 07-18

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 50840District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$26.9 M
Aug 2018 – May 2026
Value, last 12 filed months
$1.5 M
at the published price for each month
Months reported
94
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
OilDisposition407,833 bbl$25,236,669
Casinghead gasProduction525,594 Mcf$1,686,428
Total$26,923,096

Every month this lease reported (94)

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

94 months

May 202600106.413.05$0
Apr 20261,8234,45698.932.87$193,137
Mar 20261,8144,32389.753.15$176,422
Feb 20261,8054,04763.503.75$129,795
Jan 20261,6844,90759.138.00$138,821
Dec 20251,8844,84656.664.41$128,135
Nov 20251,8144,86158.593.93$125,369
Oct 20251,7384,57759.383.30$118,329
Sep 20251,8444,54562.743.08$129,677
Aug 20252,0544,47963.933.01$144,815
Jul 20251,9663,86766.743.32$144,031
Jun 20251,6612,66666.483.13$118,764
May 20251,7413,53560.553.23$116,844
Apr 20251,9803,81562.363.54$136,990
Mar 20252,0414,13867.704.27$155,838
Feb 20252,0625,13070.884.34$168,423
Jan 20252,2175,42474.324.28$187,975
Dec 20242,1575,66068.993.12$166,478
Nov 20242,4625,44269.052.20$181,965
Oct 20242,2844,77871.372.28$173,910
Sep 20242,1355,69469.612.36$162,080
Aug 20242,5124,07375.632.06$198,388
Jul 20242,3613,07679.932.15$195,318
Jun 20242,3004,44378.082.63$191,287
May 20242,6595,27378.812.20$221,148
Apr 20242,3835,31084.451.66$210,055
Mar 20242,3114,41280.301.55$192,390
Feb 20242,2074,24776.091.78$175,506
Jan 20242,4514,30973.023.30$193,182
Dec 20231,3292,74471.262.61$101,868
Nov 20232,2704,45077.892.81$189,304
Oct 20232,6655,51085.443.09$244,709
Sep 20232,4814,90389.042.74$234,318
Aug 20232,7475,60480.522.67$236,167
Jul 20232,5694,94874.852.64$205,361
Jun 20232,9376,07268.962.26$216,249
May 20232,7495,03770.622.23$205,354
Apr 20232,8425,34478.122.24$233,976
Mar 20233,1245,74772.852.39$241,337
Feb 20232,8094,19075.112.47$221,315
Jan 20233,0444,64076.533.39$248,676
Dec 20222,4733,17176.415.73$207,129
Nov 20222,8614,27985.005.65$267,345
Oct 20223,1114,58587.185.86$298,102
Sep 20223,1944,14084.888.16$304,904
Aug 20222,9073,47494.529.13$306,477
Jul 20221,7072,967101.587.54$195,774
Jun 20221,7612,831115.097.98$225,257
May 20223,2265,425109.378.43$398,577
Apr 20223,2945,586104.226.84$381,496
Mar 20223,9075,934108.885.08$455,518
Feb 20222,9453,85691.054.86$286,878
Jan 20223,88220081.844.54$318,610
Dec 20214,2437,67171.323.90$332,521
Nov 20214,3747,03277.435.24$375,504
Oct 20214,0335,96079.795.71$355,848
Sep 20212,5623,96069.865.35$200,171
Aug 20214,0885,51366.024.22$293,158
Jul 20213,1463,63070.783.98$237,129
Jun 20213,4934,69269.493.38$258,590
May 20214,5435,59463.483.02$305,270
Apr 20214,4184,35760.362.76$278,689
Mar 20213,7614,45661.302.72$242,656
Feb 20219671,42657.805.55$63,804
Jan 20213,8995,81350.412.81$212,885
Dec 20204,8577,07744.642.68$235,751
Nov 20204,8947,21238.772.71$209,260
Oct 20205,4917,86536.972.48$222,495
Sep 20205,3707,81137.091.99$214,725
Aug 20205,9858,16039.982.39$258,743
Jul 20207,2638,07038.371.83$293,410
Jun 20203,3425,14234.901.69$125,327
May 20203,7735,77216.921.81$74,314
Apr 20204,6635,22014.751.80$78,198
Mar 20206,3388,97730.341.86$208,958
Feb 20206,2298,91849.881.98$328,366
Jan 20207,59710,41757.252.09$456,749
Dec 20198,16011,44359.012.30$507,890
Nov 20199,02911,60755.302.75$531,231
Oct 20199,28912,05153.472.42$525,829
Sep 201910,19612,37955.052.66$594,184
Aug 201911,65313,28953.112.30$649,513
Jul 201913,08214,58156.272.46$771,994
Jun 201915,39215,78452.782.49$851,711
May 201921,18518,30258.482.74$1,289,052
Apr 201925,87314,79062.632.75$1,661,109
Mar 201914,6096,96556.803.06$851,119
Feb 201990958250.852.79$47,848
Jan 20199046.033.23$414
Dec 20181,73954046.594.19$83,280
Nov 201811,8765,39952.934.24$651,474
Oct 20189,1213,35261.443.40$571,785
Sep 201811,1981,81559.543.11$672,370
Aug 20180059.403.07$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                1,823 bbl  × $ 98.93 =   $180,349
Casinghead gas     4,456 Mcf  × $  2.87 =    $12,787

────────────────────────────────────────────────────
Month total                                 $193,137

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/50840 is the state's own key, not one this site invented.