UNICORN UNIT A 04-37

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 50857District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$11.9 M
Dec 2017 – May 2026
Value, last 12 filed months
$584 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
OilDisposition181,607 bbl$11,356,370
Casinghead gasProduction157,629 Mcf$494,065
Total$11,850,434

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 202600106.413.05$0
Apr 20261,16699198.932.87$118,196
Mar 20261,35779089.753.15$124,279
Feb 202684838463.503.75$55,288
Jan 202685628859.138.00$52,919
Dec 20251,35042156.664.41$78,349
Nov 20251,01520158.593.93$60,258
Oct 2025673059.383.30$39,963
Sep 20250062.743.08$0
Aug 2025334063.933.01$21,353
Jul 2025332066.743.32$22,158
Jun 2025167066.483.13$11,102
May 2025162060.553.23$9,809
Apr 20250062.363.54$0
Mar 2025339067.704.27$22,950
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 202499673469.052.20$70,387
Oct 20241,1831,08371.372.28$86,901
Sep 20241,15869069.612.36$82,240
Aug 20241,66850575.632.06$127,193
Jul 20241,19810179.932.15$95,973
Jun 20246721578.082.63$52,509
May 2024349578.812.20$27,516
Apr 20240084.451.66$0
Mar 202404180.301.55$63
Feb 20240076.091.78$0
Jan 20241,0851,22573.023.30$83,266
Dec 20231,5441,82771.262.61$114,795
Nov 20231,7071,72577.892.81$137,801
Oct 20231,1921,03885.443.09$105,049
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20231,2281,43174.852.64$95,696
Jun 20231,1941,36568.962.26$85,421
May 20231,2431,42670.622.23$90,957
Apr 20231,4001,54578.122.24$112,825
Mar 20231,4001,52472.852.39$105,637
Feb 20231,3831,44775.112.47$107,445
Jan 20231,8051,58376.533.39$143,499
Dec 20221,0781,49676.415.73$90,941
Nov 20221,5381,58985.005.65$139,702
Oct 20221,09893087.185.86$101,177
Sep 20227215984.888.16$61,680
Aug 202289043994.529.13$88,130
Jul 20221,7211,370101.587.54$185,152
Jun 20221,7732,001115.097.98$220,017
May 20221,3611,445109.378.43$161,038
Apr 20221830104.226.84$19,072
Mar 202270347108.885.08$76,781
Feb 202253925591.054.86$50,315
Jan 20221,07638681.844.54$89,811
Dec 20211,03154171.323.90$75,640
Nov 20211,37972377.435.24$110,562
Oct 20211,6271,14679.795.71$136,366
Sep 20211,5761,43169.865.35$117,757
Aug 20211,9401,35866.024.22$133,810
Jul 20211,19692370.783.98$88,328
Jun 2021167669.493.38$11,625
May 20211,35813963.483.02$86,625
Apr 20215191160.362.76$31,357
Mar 20210061.302.72$0
Feb 202115119457.805.55$9,804
Jan 20212,4282,70950.412.81$130,009
Dec 20201,6992,46244.642.68$82,430
Nov 20202,1672,62438.772.71$91,117
Oct 20208421,04836.972.48$33,726
Sep 20201,8662,70237.091.99$74,590
Aug 20202,6583,05739.982.39$113,558
Jul 20202,5002,41838.371.83$100,338
Jun 202048938434.901.69$17,715
May 20201594516.921.81$2,772
Apr 20201,2001,59014.751.80$20,569
Mar 20201,8492,94430.341.86$61,563
Feb 20202,3463,20449.881.98$123,365
Jan 20202,1693,06557.252.09$130,596
Dec 20192,4014,02759.012.30$150,963
Nov 20191,3402,02555.302.75$79,672
Oct 20192,1843,62653.472.42$125,548
Sep 20192,1694,82155.052.66$132,214
Aug 20192,6613,21753.112.30$148,739
Jul 20192,8413,14256.272.46$167,593
Jun 20192,5372,76152.782.49$140,781
May 20193,1183,39058.482.74$191,630
Apr 20193,1452,99962.632.75$205,221
Mar 20192,8593,03356.803.06$171,679
Feb 20193,5383,08850.852.79$188,530
Jan 20192,8022,52846.033.23$137,137
Dec 20183,8853,11746.594.19$194,048
Nov 20183,6273,16552.934.24$205,388
Oct 20184,5293,32961.443.40$289,574
Sep 20184,2643,27859.543.11$264,067
Aug 20184,2234,68259.403.07$265,204
Jul 20186,1106,09265.142.93$415,866
Jun 20187,2665,79660.183.08$455,102
May 20182,9481,95565.382.90$198,411
Apr 20189,2955,36463.842.90$608,953
Mar 20189,6165,05861.222.79$602,787
Feb 20187,7414,05061.782.77$489,442
Jan 20188,0224,82362.874.01$523,680
Dec 20171,4851,13757.272.92$88,368

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                1,166 bbl  × $ 98.93 =   $115,352
Casinghead gas       991 Mcf  × $  2.87 =     $2,844

────────────────────────────────────────────────────
Month total                                 $118,196

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/50857 is the state's own key, not one this site invented.