CHEVRON UNIT 03-38

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 50992District 08Field 85280300OilCasinghead gasSave
Value, all time
$108.2 M
Jul 2018 – May 2026
Value, last 12 filed months
$33.2 M
at the published price for each month
Months reported
95
no gaps in the span
Streams
2
oil, casinghead gas

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
OilDisposition1,387,390 bbl$99,170,573
Casinghead gasProduction2,595,313 Mcf$9,074,407
Total$108,244,980

Wells on this lease (8)

Every wellbore the Railroad Commission records against this lease key, with the depth, the last completion and the plug date exactly as filed. A well with no plug date is not stated to be producing — the state files no such flag.

These wells centre on 32.4031, -101.3681. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.4 miles.

32.40305, -101.36851 · centre of the wells drawn, derived

What these wells add up to

Every figure below is counted over all of this lease's wells, not over the rows listed above. The Railroad Commission files two facts about a well's state — a plug date and a proration-schedule flag — and a well can carry both, so they are published as separate counts and never merged into a status.

On the schedule
0.0%
0 of 8 wells
With a plug date
0.0%
0 of 8 wells
Median depth
6,744 ft
8 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
8100.0%

A plug date is the date the Commission recorded the wellbore as sealed with cement and abandoned. It is the only end-of-life fact Texas files. There is no "active" flag on a well, so this page does not print one — a well with no plug date is not stated to be producing.

How deep they were drilled

0k
2k
4k
6k
8k
10k
12k
15k
20k+

Total depth in feet, 8 of 8 wells. Median 6,744 ft, with the middle half between 6,433 and 6,978 ft; the shallowest is 5,920 ft and the deepest 7,160 ft. The median is published rather than the mean, because a single mis-keyed depth moves a mean and cannot move a median.

When they were last completed

10s
20s

Last completion by decade, 8 of 8 wells, Jul 2018 – May 2025. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Jul 2018 – May 2025
8 of 8 wells

8 wells

42-227426194MH5,920 ftMay 2025
42-227426173MH5,932 ftMay 2025
42-227426163SH6,600 ftApr 2025
42-227426153AH7,069 ftApr 2025
42-227426184AH6,880 ftApr 2025
42-227412572SH6,607 ftMar 2022
42-227412582AH6,948 ftMar 2022
42-227395441H7,160 ftJul 2018

The API number is the state's, prefixed 42 for Texas. A well is matched to this lease by the lease key the Commission files on the wellbore record, so a well that has moved between leases appears under each one it was filed against.

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 202618,57179,02498.932.87$2,064,006
Mar 202619,49077,79589.753.15$1,994,238
Feb 202621,84980,65563.503.75$1,689,894
Jan 202627,07992,80059.138.00$2,343,388
Dec 202529,85896,77656.664.41$2,118,862
Nov 202532,37495,12058.593.93$2,270,276
Oct 202537,506104,35159.383.30$2,571,970
Sep 202542,315106,97762.743.08$2,984,003
Aug 202552,842106,99063.933.01$3,700,738
Jul 202568,228115,99066.743.32$4,938,067
Jun 202593,10295,05466.483.13$6,486,818
May 202578,56945,15360.553.23$4,903,302
Apr 202550259662.363.54$33,416
Mar 202560067.704.27$4,062
Feb 20253,98716,51370.884.34$354,279
Jan 20258,38633,78974.324.28$767,820
Dec 20248,88534,24568.993.12$719,867
Nov 20248,74332,25469.052.20$674,613
Oct 20249,58734,71371.372.28$763,418
Sep 20248,76831,92369.612.36$685,818
Aug 20249,67635,91475.632.06$805,909
Jul 202410,46338,70479.932.15$919,389
Jun 202410,68639,02278.082.63$937,146
May 202411,73343,25978.812.20$1,019,780
Apr 202412,61440,94884.451.66$1,133,193
Mar 202410,20231,87180.301.55$868,465
Feb 202411,82032,75176.091.78$957,800
Jan 202412,02431,20473.023.30$980,893
Dec 202312,63833,22971.262.61$987,335
Nov 202312,72136,15477.892.81$1,092,343
Oct 202314,42036,46485.443.09$1,344,619
Sep 202314,64137,74889.042.74$1,406,877
Aug 202315,39434,97080.522.67$1,332,995
Jul 202316,81438,13774.852.64$1,359,278
Jun 202317,22935,92668.962.26$1,269,250
May 202318,80335,71170.622.23$1,407,411
Apr 202319,28832,86978.122.24$1,580,331
Mar 202322,21429,54272.852.39$1,688,989
Feb 202320,84830,55875.112.47$1,641,240
Jan 202325,58937,10576.533.39$2,084,028
Dec 202228,62335,56276.415.73$2,390,821
Nov 202233,61236,63385.005.65$3,063,857
Oct 202242,00234,81387.185.86$3,865,869
Sep 202249,74631,47584.888.16$4,479,392
Aug 202238,94027,89294.529.13$3,935,184
Jul 202233,60417,497101.587.54$3,545,458
Jun 20224,1702,781115.097.98$502,110
May 2022925395109.378.43$104,498
Apr 202238,67022,420104.226.84$4,183,486
Mar 202213,9386,345108.885.08$1,549,779
Feb 20220091.054.86$0
Jan 20221,6864,16581.844.54$156,882
Dec 20212,9319,36771.323.90$245,562
Nov 20212,9099,82877.435.24$276,712
Oct 20213,03910,12379.795.71$300,323
Sep 20212,7868,16569.865.35$238,320
Aug 20213,28110,04766.024.22$259,016
Jul 20213,7438,70170.783.98$299,578
Jun 20211,9723,78069.493.38$149,813
May 20212,9536,61863.483.02$207,427
Apr 20213,3696,89360.362.76$222,367
Mar 20213,5978,83661.302.72$244,503
Feb 20212,5466,29957.805.55$182,105
Jan 20213,5517,81550.412.81$200,968
Dec 20203,5117,26444.642.68$176,166
Nov 20203,3446,82838.772.71$148,127
Oct 20203,3916,08136.972.48$140,437
Sep 20203,9677,33537.091.99$161,740
Aug 20204,2239,08539.982.39$190,504
Jul 20204,7058,35838.371.83$195,785
Jun 20205,5066,78134.901.69$203,621
May 202022656916.921.81$4,857
Apr 20204,1609,02514.751.80$77,645
Mar 20204,3158,80230.341.86$147,256
Feb 20203,8097,50049.881.98$204,848
Jan 20205,11010,03757.252.09$313,572
Dec 20195,41210,46459.012.30$343,475
Nov 20195,42813,03055.302.75$336,010
Oct 20195,85513,53653.472.42$345,804
Sep 20195,49813,46555.052.66$338,445
Aug 20196,1649,80253.112.30$349,957
Jul 20196,57113,01056.272.46$401,756
Jun 20196,96013,65152.782.49$401,356
May 20197,54111,33358.482.74$472,054
Apr 20197,67513,06262.632.75$516,615
Mar 20198,70312,58956.803.06$532,879
Feb 20198,05510,42750.852.79$438,711
Jan 201911,19614,86246.033.23$563,329
Dec 20188,8659,03946.594.19$450,853
Nov 201811,1435,86352.934.24$614,642
Oct 201810,6799,54361.443.40$688,546
Sep 201819,03417,13159.543.11$1,186,528
Aug 201813,2337,58759.403.07$809,306
Jul 20180065.142.93$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               18,571 bbl  × $ 98.93 = $1,837,229
Casinghead gas    79,024 Mcf  × $  2.87 =   $226,777

────────────────────────────────────────────────────
Month total                               $2,064,006

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/50992 is the state's own key, not one this site invented.