UNICORN UNIT B 37-04

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 50916District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$14.9 M
Jun 2018 – May 2026
Value, last 12 filed months
$477 k
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
OilDisposition213,866 bbl$14,397,657
Casinghead gasProduction146,890 Mcf$511,094
Total$14,908,751

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 202663643198.932.87$64,156
Mar 202650836389.753.15$46,736
Feb 202655228563.503.75$36,121
Jan 202676424059.138.00$47,095
Dec 202557326356.664.41$33,627
Nov 202584632858.593.93$50,855
Oct 202570337859.383.30$42,993
Sep 202558031762.743.08$37,365
Aug 202561932163.933.01$40,540
Jul 202566129766.743.32$45,100
Jun 202548117066.483.13$32,509
May 202550614760.553.23$31,113
Apr 20252422462.363.54$15,176
Mar 202550067.704.27$3,385
Feb 2025168070.884.34$11,908
Jan 202534024374.324.28$26,309
Dec 202430341168.993.12$22,187
Nov 20241,7022,89769.052.20$123,892
Oct 20241,9163,32671.372.28$144,333
Sep 20241,9573,09369.612.36$143,540
Aug 20241,8382,98375.632.06$145,164
Jul 20241,5942,65679.932.15$133,110
Jun 20242,1642,14478.082.63$174,612
May 20241,3231,54978.812.20$107,671
Apr 20241,1331,39684.451.66$97,998
Mar 20249541,45280.301.55$78,850
Feb 20242,1932,58976.091.78$171,483
Jan 20242,4222,19173.023.30$184,080
Dec 20232,5552,97971.262.61$189,847
Nov 20232,6062,76277.892.81$210,736
Oct 20231,7011,20285.443.09$149,044
Sep 20231,2961,18489.042.74$118,634
Aug 20231,1911,49180.522.67$99,885
Jul 20231,6321,78074.852.64$126,858
Jun 20232,7232,55968.962.26$193,558
May 20232,5502,72870.622.23$186,157
Apr 20233,0223,23778.122.24$243,322
Mar 20232,6912,41872.852.39$201,826
Feb 20232,9732,39475.112.47$229,205
Jan 20233,9883,22376.533.39$316,120
Dec 20223,0422,74576.415.73$248,166
Nov 20222,9582,62285.005.65$266,234
Oct 20222,2582,66187.185.86$212,456
Sep 20221,7142,30884.888.16$164,326
Aug 20221,6471,90194.529.13$173,025
Jul 2022500347101.587.54$53,407
Jun 20222,1612,166115.097.98$265,988
May 20222,5862,138109.378.43$300,861
Apr 2022369295104.226.84$40,474
Mar 20224,4813,553108.885.08$505,928
Feb 20225,3943,51891.054.86$508,217
Jan 20224,2422,83481.844.54$360,025
Dec 20214,4972,50471.323.90$330,489
Nov 20213,6401,76977.435.24$291,109
Oct 20213,1991,34879.795.71$262,951
Sep 20214,5031,66069.865.35$323,462
Aug 20213,0771,52766.024.22$209,588
Jul 20214,8522,98570.783.98$355,311
Jun 20213,6302,45969.493.38$260,562
May 20212,9471,89463.483.02$192,791
Apr 20211,91879960.362.76$117,974
Mar 20211,70336461.302.72$105,383
Feb 202167824057.805.55$40,520
Jan 20212,22341850.412.81$113,236
Dec 20201,00514644.642.68$45,254
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 202082739837.091.99$31,466
Aug 20202,0171,07539.982.39$83,204
Jul 20202,13291038.371.83$83,466
Jun 202032814334.901.69$11,689
May 2020155016.921.81$2,623
Apr 20202,3461,74914.751.80$37,759
Mar 20203,04359530.341.86$93,429
Feb 20204,1781,64049.881.98$211,647
Jan 20203,07597757.252.09$178,090
Dec 20193,8392,44959.012.30$232,183
Nov 20192,0631,07555.302.75$117,041
Oct 20191,6672,26753.472.42$94,617
Sep 20192,3174,02755.052.66$138,252
Aug 20192,5201,55953.112.30$137,430
Jul 20193,5141,56756.272.46$201,588
Jun 201950525752.782.49$27,294
May 20193,1442,44558.482.74$190,561
Apr 20192,7361,23362.632.75$174,747
Mar 20193,42398356.803.06$197,436
Feb 20193,5411,54050.852.79$184,360
Jan 20194,0341,40246.033.23$190,211
Dec 20184,7451,68646.594.19$228,126
Nov 20186,2422,09952.934.24$339,283
Oct 20183,5621,69261.443.40$224,599
Sep 20183,7771,49059.543.11$229,514
Aug 20188,0803,98659.403.07$492,175
Jul 20189,4753,80065.142.93$628,343
Jun 201870119460.183.08$42,783

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                  636 bbl  × $ 98.93 =    $62,919
Casinghead gas       431 Mcf  × $  2.87 =     $1,237

────────────────────────────────────────────────────
Month total                                  $64,156

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/50916 is the state's own key, not one this site invented.