MEDUSA UNIT A 28-21

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 50858District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$29.8 M
Jun 2018 – May 2026
Value, last 12 filed months
$1.2 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
OilDisposition446,285 bbl$26,328,399
Casinghead gasProduction996,344 Mcf$3,498,218
Total$29,826,617

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 20261,2178,48398.932.87$144,742
Mar 20261,0688,73189.753.15$123,351
Feb 20269106,17263.503.75$80,932
Jan 20261,1028,78459.138.00$135,415
Dec 20251,2678,73956.664.41$110,357
Nov 20251,0219,17858.593.93$95,857
Oct 20251,2469,29459.383.30$104,703
Sep 20251,2548,44662.743.08$104,664
Aug 20251,1378,45463.933.01$98,175
Jul 20251,2879,07066.743.32$115,963
Jun 20251,1128,59766.483.13$100,823
May 20251,4178,90760.553.23$114,590
Apr 20251,2388,54462.363.54$107,474
Mar 20251,3259,17867.704.27$128,877
Feb 20251,2968,28170.884.34$127,807
Jan 20251,4628,86774.324.28$146,595
Dec 20241,4249,03368.993.12$126,437
Nov 20241,4208,89869.052.20$117,613
Oct 20241,6129,39571.372.28$136,482
Sep 20241,1178,15969.612.36$97,045
Aug 20241,7169,75875.632.06$149,918
Jul 20241,0908,75679.932.15$105,919
Jun 20241,2098,60578.082.63$117,064
May 20241,78510,33078.812.20$163,386
Apr 20241,78210,07384.451.66$167,203
Mar 20241,56610,78480.301.55$142,412
Feb 20241,67010,70776.091.78$146,168
Jan 20241,70010,02673.023.30$157,196
Dec 20231,78810,06071.262.61$153,677
Nov 20231,7899,97877.892.81$167,359
Oct 20231,88210,31485.443.09$192,640
Sep 20231,85710,22489.042.74$193,310
Aug 20232,03310,61080.522.67$192,056
Jul 20231,6819,33874.852.64$150,492
Jun 20231,88110,11768.962.26$152,563
May 20232,21510,87670.622.23$180,649
Apr 20232,14910,77378.122.24$191,987
Mar 20232,26911,02272.852.39$191,674
Feb 20232,07410,42275.112.47$181,475
Jan 20232,45911,25476.533.39$226,313
Dec 20222,29210,74776.415.73$236,702
Nov 20222,28611,09185.005.65$256,932
Oct 20222,46211,73587.185.86$283,448
Sep 20222,56911,97484.888.16$315,809
Aug 20222,71012,35094.529.13$368,870
Jul 20222,78612,605101.587.54$378,070
Jun 20222,38910,755115.097.98$360,745
May 20222,66910,968109.378.43$384,402
Apr 20222,91412,723104.226.84$390,692
Mar 20223,22413,193108.885.08$418,002
Feb 20222,96112,02491.054.86$328,022
Jan 20223,40513,55781.844.54$340,183
Dec 20213,55413,46171.323.90$305,957
Nov 20213,64213,45077.435.24$352,436
Oct 20213,87114,17179.795.71$389,838
Sep 20213,92314,09169.865.35$349,461
Aug 20214,12314,51366.024.22$333,454
Jul 20214,42114,51770.783.98$370,726
Jun 20214,87414,66069.493.38$388,254
May 20215,38214,87463.483.02$386,534
Apr 20215,42812,41460.362.76$361,877
Mar 20214,7698,48161.302.72$315,382
Feb 20219061,51057.805.55$60,744
Jan 20211,2233,36650.412.81$71,111
Dec 20205,09613,62844.642.68$263,947
Nov 20205,30613,50938.772.71$242,277
Oct 20205,51013,55836.972.48$237,307
Sep 20205,84813,97037.091.99$244,717
Aug 20206,51014,55839.982.39$294,992
Jul 20207,24014,85538.371.83$304,911
Jun 20205,93810,68334.901.69$225,294
May 20203,8136,27316.921.81$75,900
Apr 20207,07813,39614.751.80$128,572
Mar 20208,07614,25730.341.86$271,490
Feb 20208,22113,43149.881.98$436,666
Jan 20208,97313,96657.252.09$542,959
Dec 20198,59712,26059.012.30$535,560
Nov 201910,49213,42955.302.75$617,147
Oct 201911,80513,58753.472.42$664,074
Sep 201912,51913,30955.052.66$724,537
Aug 201911,6686,92653.112.30$635,647
Jul 20192,6881,00656.272.46$153,729
Jun 20191,4671,15252.782.49$80,298
May 201912,13113,27158.482.74$745,788
Apr 201914,78016,80262.632.75$971,889
Mar 201917,45517,42656.803.06$1,044,804
Feb 201917,71714,64350.852.79$941,796
Jan 201914,79810,28446.033.23$714,351
Dec 201820,81210,98446.594.19$1,015,604
Nov 201823,97510,49952.934.24$1,313,484
Oct 20185,5162,81061.443.40$348,452
Sep 20182,51399559.543.11$152,716
Aug 201816,14410,23059.403.07$990,325
Jul 201817,4727,88565.142.93$1,161,244
Jun 20185,8172,29560.183.08$357,129

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                1,217 bbl  × $ 98.93 =   $120,398
Casinghead gas     8,483 Mcf  × $  2.87 =    $24,344

────────────────────────────────────────────────────
Month total                                 $144,742

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/50858 is the state's own key, not one this site invented.