PIXIE UNIT A 35-47

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 51396District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$65.9 M
Dec 2018 – May 2026
Value, last 12 filed months
$9.1 M
at the published price for each month
Months reported
90
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
OilDisposition978,090 bbl$60,879,870
Casinghead gasProduction1,413,353 Mcf$5,047,381
Total$65,927,251

Every month this lease reported (90)

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

90 months

May 202600106.413.05$0
Apr 20269,12721,85098.932.87$965,637
Mar 20269,88322,44189.753.15$957,676
Feb 20269,51820,18763.503.75$680,101
Jan 20269,40021,34659.138.00$726,546
Dec 202510,55822,63156.664.41$698,095
Nov 202510,47021,95358.593.93$699,634
Oct 202512,58924,75559.383.30$829,346
Sep 202512,66025,73262.743.08$873,464
Aug 202513,71426,55263.933.01$956,784
Jul 202512,54123,12166.743.32$913,637
Jun 202511,72820,76666.483.13$844,648
May 202514,61126,29960.553.23$969,703
Apr 202514,56124,36662.363.54$994,356
Mar 202516,19925,90367.704.27$1,207,235
Feb 202515,37824,00170.884.34$1,194,177
Jan 202518,26727,15974.324.28$1,473,808
Dec 202419,50927,20268.993.12$1,430,833
Nov 202419,74326,52469.052.20$1,421,566
Oct 202423,39128,81771.372.28$1,735,159
Sep 202426,24028,49069.612.36$1,893,927
Aug 202432,98829,45075.632.06$2,555,656
Jul 202437,11521,84279.932.15$3,013,488
Jun 20247,0903,90478.082.63$563,870
May 202421078.812.20$1,655
Apr 20242,0774,33984.451.66$182,602
Mar 20243,7027,24780.301.55$308,468
Feb 20243,1095,30076.091.78$246,017
Jan 20242,0093,64173.023.30$158,704
Dec 20232,4815,07071.262.61$190,032
Nov 20233,6677,06977.892.81$305,469
Oct 20231,5153,16085.443.09$139,197
Sep 20233,5528,36489.042.74$339,146
Aug 20233,6668,83480.522.67$318,799
Jul 20233,9899,74474.852.64$324,318
Jun 20233,8789,31168.962.26$288,456
May 20233,9379,07970.622.23$298,254
Apr 20232,2445,84678.122.24$188,383
Mar 20234,45612,55872.852.39$354,673
Feb 20234,50012,29675.112.47$368,313
Jan 20234,89013,77476.533.39$420,894
Dec 20225,44315,61376.415.73$505,348
Nov 20225,68016,18585.005.65$574,184
Oct 20225,84716,80687.185.86$608,288
Sep 20225,93916,93184.888.16$642,322
Aug 20226,03316,59494.529.13$721,695
Jul 20226,27716,737101.587.54$763,849
Jun 20226,52316,826115.097.98$884,956
May 20227,07817,067109.378.43$918,048
Apr 20227,07314,959104.226.84$839,432
Mar 20226,37213,642108.885.08$763,036
Feb 20223,2856,01391.054.86$328,315
Jan 20226,28714,29881.844.54$579,408
Dec 20217,53618,07471.323.90$607,940
Nov 20217,53417,87577.435.24$676,966
Oct 20217,79518,24279.795.71$726,195
Sep 20217,97318,03369.865.35$653,487
Aug 20218,16718,35166.024.22$616,637
Jul 20218,84219,50770.783.98$703,515
Jun 20218,79718,50769.493.38$673,869
May 20219,80219,52563.483.02$681,151
Apr 20219,58018,19160.362.76$628,427
Mar 202111,51519,28361.302.72$758,260
Feb 20216,61311,19957.805.55$444,363
Jan 202111,27220,04950.412.81$624,565
Dec 202012,21220,44344.642.68$599,838
Nov 202012,75119,54338.772.71$547,251
Oct 202010,31615,58836.972.48$420,016
Sep 202012,89919,05837.091.99$516,369
Aug 202011,79914,93639.982.39$507,348
Jul 202014,66520,19738.371.83$599,558
Jun 202015,27219,90834.901.69$566,643
May 202016,89719,14316.921.81$320,637
Apr 202018,34919,30714.751.80$305,485
Mar 202022,10421,81230.341.86$711,123
Feb 202025,45422,92349.881.98$1,315,048
Jan 202034,41120,71057.252.09$2,013,412
Dec 20199,4895,64659.012.30$572,956
Nov 2019192555.302.75$1,119
Oct 20199,05910,13453.472.42$508,894
Sep 201914,46916,04855.052.66$839,162
Aug 201918,17214,68753.112.30$998,959
Jul 201923,18715,12256.272.46$1,341,934
Jun 201919,4889,16552.782.49$1,051,408
May 20193,3461,74858.482.74$200,464
Apr 20194,9772,49362.632.75$318,567
Mar 201923,41610,78056.803.06$1,363,038
Feb 201921,71610,98750.852.79$1,134,937
Jan 201922,38711,21046.033.23$1,066,662
Dec 20183,0002,31046.594.19$149,438

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                9,127 bbl  × $ 98.93 =   $902,934
Casinghead gas    21,850 Mcf  × $  2.87 =    $62,703

────────────────────────────────────────────────────
Month total                                 $965,637

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/51396 is the state's own key, not one this site invented.