GOLEM UNIT B 23-14

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 51448District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$36.7 M
Sep 2018 – May 2026
Value, last 12 filed months
$1.6 M
at the published price for each month
Months reported
93
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
OilDisposition539,953 bbl$33,698,696
Casinghead gasProduction873,872 Mcf$2,981,901
Total$36,680,597

Every month this lease reported (93)

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

93 months

May 202600106.413.05$0
Apr 20261,1605,38098.932.87$130,198
Mar 20261,3765,19989.753.15$139,870
Feb 20261,8597,29063.503.75$145,386
Jan 20261,3506,04659.138.00$128,181
Dec 20252,1658,02956.664.41$158,104
Nov 20252,0288,10258.593.93$150,633
Oct 20251,4436,49159.383.30$107,137
Sep 20251,9748,00562.743.08$148,480
Aug 20252,1408,63863.933.01$162,852
Jul 20252,1958,35066.743.32$174,176
Jun 20251,8408,47266.483.13$148,830
May 20251,1427,31760.553.23$92,799
Apr 20251,5336,21062.363.54$117,601
Mar 20252,2688,79867.704.27$191,096
Feb 20252,2759,58570.884.34$202,859
Jan 20252,61610,34274.324.28$238,671
Dec 20242,62310,11368.993.12$212,527
Nov 20243,27911,00569.052.20$250,609
Oct 20242,66310,20371.372.28$213,335
Sep 20242,67010,17269.612.36$209,909
Aug 20242,62310,44475.632.06$219,930
Jul 20242,70410,63779.932.15$238,964
Jun 20242,78310,29178.082.63$244,403
May 20242,0828,81378.812.20$183,457
Apr 20242,93610,68684.451.66$265,675
Mar 20242,2048,53280.301.55$190,164
Feb 20243,05011,87176.091.78$253,248
Jan 20243,00310,79373.023.30$254,871
Dec 20233,31911,54671.262.61$266,655
Nov 20233,10611,78177.892.81$275,002
Oct 20233,62011,73285.443.09$345,513
Sep 20233,41311,22889.042.74$334,603
Aug 20233,29610,72580.522.67$294,061
Jul 20233,76011,19974.852.64$311,022
Jun 20233,94510,32068.962.26$295,355
May 20233,5557,72670.622.23$268,263
Apr 20234,2208,44478.122.24$348,562
Mar 20234,4018,65572.852.39$341,326
Feb 20231,7994,96575.112.47$147,365
Jan 20231,6185,28876.533.39$141,740
Dec 20222,0306,18976.415.73$190,570
Nov 20221,9996,34185.005.65$205,718
Oct 20224,0599,78387.185.86$411,229
Sep 20224,52510,35984.888.16$468,650
Aug 20224,7269,45294.529.13$532,971
Jul 20224,7415,908101.587.54$526,149
Jun 20225,03011,611115.097.98$671,526
May 20225,62713,173109.378.43$726,513
Apr 20225,90613,403104.226.84$707,168
Mar 20226,03413,109108.885.08$723,528
Feb 20225,56310,90191.054.86$559,477
Jan 20225,0519,43781.844.54$456,196
Dec 20216,25710,31971.323.90$486,484
Nov 20217,0168,82677.435.24$589,469
Oct 20217,9977,19079.795.71$679,163
Sep 20211,3441,24069.865.35$100,527
Aug 202135880966.024.22$27,050
Jul 20216,11113,56770.783.98$486,561
Jun 20216,32113,89369.493.38$486,213
May 20217,18114,01863.483.02$498,152
Apr 20217,22513,40560.362.76$473,078
Mar 20219,28713,81061.302.72$606,814
Feb 20214,2276,48257.805.55$280,282
Jan 20218,77914,56650.412.81$483,484
Dec 20209,42014,80444.642.68$460,116
Nov 20209,73814,59038.772.71$417,031
Oct 202010,52613,03536.972.48$421,453
Sep 202011,29813,13537.091.99$445,195
Aug 202010,29010,28939.982.39$435,934
Jul 202010,6807,10538.371.83$422,759
Jun 20209,9454,40434.901.69$354,525
May 20201,49165616.921.81$26,418
Apr 20200014.751.80$0
Mar 2020167030.341.86$5,067
Feb 20207,43510,84249.881.98$392,332
Jan 202011,71816,78157.252.09$706,007
Dec 201911,47615,28959.012.30$712,430
Nov 201912,14215,76755.302.75$714,823
Oct 201913,85517,96953.472.42$784,286
Sep 201915,12917,63755.052.66$879,718
Aug 201917,85417,30853.112.30$988,110
Jul 201921,14018,39856.272.46$1,234,808
Jun 201924,84116,63352.782.49$1,352,544
May 201929,03318,14358.482.74$1,747,567
Apr 201926,61413,50562.632.75$1,703,983
Mar 201913,0215,50856.803.06$756,459
Feb 2019025250.852.79$704
Jan 201902246.033.23$71
Dec 201810,3284,12646.594.19$498,451
Nov 201813,5855,32452.934.24$741,613
Oct 20188,7974,62061.443.40$556,187
Sep 2018051659.543.11$1,604

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                1,160 bbl  × $ 98.93 =   $114,759
Casinghead gas     5,380 Mcf  × $  2.87 =    $15,439

────────────────────────────────────────────────────
Month total                                 $130,198

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/51448 is the state's own key, not one this site invented.