NEWDGE 06-43

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 51700District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$27.2 M
Nov 2018 – May 2026
Value, last 12 filed months
$1.3 M
at the published price for each month
Months reported
91
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
OilDisposition428,713 bbl$25,330,488
Casinghead gasProduction566,465 Mcf$1,864,660
Total$27,195,149

Wells on this lease (1)

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 32.4826, -101.5423. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.48264, -101.54232 · 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 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
7,742 ft
1 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.
1100.0%

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

The one well that filed a depth was drilled to 7,742 ft.

Completions filed
Nov 2018
1 of 1 wells

1 well

42-227396317AH7,742 ftNov 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 (91)

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

91 months

May 202600106.413.05$0
Apr 20261,6283,43598.932.87$170,916
Mar 20261,4852,86289.753.15$142,292
Feb 20261,2282,60963.503.75$87,763
Jan 20261,5673,44959.138.00$120,242
Dec 20251,5823,42456.664.41$104,747
Nov 20251,6413,51058.593.93$109,928
Oct 20251,7213,55259.383.30$113,932
Sep 20251,8073,75362.743.08$124,919
Aug 20251,5352,82363.933.01$106,643
Jul 20251,4832,51366.743.32$107,307
Jun 20251,4792,46766.483.13$106,042
May 20251,2021,73960.553.23$78,402
Apr 20258361,09562.363.54$56,013
Mar 202588193767.704.27$63,643
Feb 20257054370.884.34$50,157
Jan 2025188074.324.28$13,972
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 202436660171.372.28$27,493
Sep 20245441,24769.612.36$40,816
Aug 20241,1373,27675.632.06$92,752
Jul 20242,7129,13679.932.15$236,381
Jun 20242,3648,15178.082.63$206,051
May 20242,8158,41978.812.20$240,359
Apr 20242,7518,12884.451.66$245,808
Mar 20242,3326,29480.301.55$196,985
Feb 20242,3856,27576.091.78$192,667
Jan 20242,2456,56173.023.30$185,566
Dec 20232,3455,42971.262.61$181,278
Nov 20232,3595,59977.892.81$199,462
Oct 20232,7636,64985.443.09$256,598
Sep 20232,3835,67689.042.74$227,706
Aug 20232,1565,22880.522.67$187,575
Jul 20232,3675,80274.852.64$192,498
Jun 20232,6276,12668.962.26$194,993
May 20232,5946,17570.622.23$196,942
Apr 20232,8886,71778.122.24$240,642
Mar 20233,4588,14572.852.39$271,408
Feb 20232,9796,44275.112.47$239,637
Jan 20233,6027,51476.533.39$301,116
Dec 20223,6797,66876.415.73$325,043
Nov 20223,1965,85785.005.65$304,730
Oct 20223,1635,47787.185.86$307,866
Sep 20223,0395,32084.888.16$301,381
Aug 20223,3105,66694.529.13$364,576
Jul 20223,2095,206101.587.54$365,234
Jun 20222,2303,774115.097.98$286,757
May 20223,2415,245109.378.43$398,699
Apr 2022509702104.226.84$57,848
Mar 20223,4686,378108.885.08$409,973
Feb 20223,3706,07891.054.86$336,371
Jan 20223,9276,97581.844.54$353,036
Dec 20213,9497,39071.323.90$310,457
Nov 20214,0107,00077.435.24$347,152
Oct 20213,7496,60379.795.71$336,861
Sep 20214,1577,11069.865.35$328,453
Aug 20214,9327,97766.024.22$359,278
Jul 20215,1157,92470.783.98$393,594
Jun 20215,4447,95769.493.38$405,203
May 20216,1027,58563.483.02$410,244
Apr 20214,5714,54560.362.76$288,443
Mar 20213,5385,04861.302.72$230,595
Feb 20211,7432,82157.805.55$116,396
Jan 20215,9738,98450.412.81$326,346
Dec 20206,2779,57044.642.68$305,809
Nov 20206,4329,20238.772.71$274,275
Oct 20206,0518,39336.972.48$244,507
Sep 20205,9858,19337.091.99$238,296
Aug 20208,14110,38639.982.39$350,249
Jul 20209,2729,71638.371.83$373,500
Jun 20204,9214,04434.901.69$178,579
May 202031016.921.81$525
Apr 20209,2779,25314.751.80$153,532
Mar 20203,0853,08130.341.86$99,318
Feb 20208,0538,02649.881.98$417,581
Jan 20208,0106,81257.252.09$472,842
Dec 20192,9993,25459.012.30$184,469
Nov 20198,61910,66355.302.75$505,961
Oct 20198,5599,77753.472.42$481,296
Sep 20199,93412,73555.052.66$580,707
Aug 201911,09412,97053.112.30$619,090
Jul 201912,00413,21956.272.46$707,985
Jun 201911,74813,46452.782.49$653,601
May 201912,89412,84958.482.74$789,251
Apr 201914,46313,20362.632.75$942,135
Mar 201916,70914,36556.803.06$993,058
Feb 201917,61515,04750.852.79$937,737
Jan 201924,69115,48346.033.23$1,186,509
Dec 201832,53214,62346.594.19$1,576,870
Nov 20186,5531,04652.934.24$351,282

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                1,628 bbl  × $ 98.93 =   $161,058
Casinghead gas     3,435 Mcf  × $  2.87 =     $9,857

────────────────────────────────────────────────────
Month total                                 $170,916

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/51700 is the state's own key, not one this site invented.