OLDHAM TRUST EAST

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 51706District 08Field 85280300OilCasinghead gasSave
Value, all time
$134.7 M
Jun 2019 – May 2026
Value, last 12 filed months
$20.3 M
at the published price for each month
Months reported
84
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
OilDisposition1,864,263 bbl$123,536,577
Casinghead gasProduction3,073,433 Mcf$11,170,301
Total$134,706,878

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 32.4543, -101.3224. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.8 miles.

32.45429, -101.32344 · 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
6,658 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 6,658 ft, with the middle half between 6,357 and 6,726 ft; the shallowest is 6,335 ft and the deepest 6,742 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, Apr 2018 – May 2024. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Apr 2018 – May 2024
8 of 8 wells

8 wells

42-227423271SH6,364 ftMay 2024
42-227423282AH6,742 ftMay 2024
42-227423323AH6,666 ftMay 2024
42-227423333SH6,335 ftMay 2024
42-227423344AH6,722 ftMay 2024
42-227399223876WA6,650 ftJul 2019
42-227399213875LS6,336 ftJul 2019
42-227394673871WA6,739 ftApr 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 (84)

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

84 months

May 202600106.413.05$0
Apr 202620,21576,78698.932.87$2,220,224
Mar 202621,67879,31089.753.15$2,195,383
Feb 202619,58364,38363.503.75$1,484,977
Jan 202617,08561,32459.138.00$1,500,701
Dec 202523,16978,26756.664.41$1,658,176
Nov 202521,19772,82458.593.93$1,527,871
Oct 202525,10982,24159.383.30$1,762,766
Sep 202523,91677,66062.743.08$1,739,443
Aug 202525,72680,73863.933.01$1,888,069
Jul 202527,56981,07166.743.32$2,108,722
Jun 202529,12179,91566.483.13$2,185,996
May 202533,11287,04260.553.23$2,286,279
Apr 202534,56682,53462.363.54$2,447,964
Mar 202534,25077,16967.704.27$2,648,107
Feb 202534,98368,59870.884.34$2,777,368
Jan 202537,56372,16774.324.28$3,100,462
Dec 202441,16570,71568.993.12$3,060,701
Nov 202435,60255,89769.052.20$2,581,204
Oct 202424,01434,30371.372.28$1,792,138
Sep 202448,52762,71069.612.36$3,526,233
Aug 202465,12076,62675.632.06$5,083,153
Jul 202485,81270,17179.932.15$7,009,582
Jun 202491,27545,09278.082.63$7,245,523
May 20244,9281,97778.812.20$392,722
Apr 202429084.451.66$2,449
Mar 20245,81919,00180.301.55$496,625
Feb 20248,44325,29276.091.78$687,540
Jan 20248,59825,60673.023.30$712,266
Dec 20239,46628,20771.262.61$748,188
Nov 20239,35628,55477.892.81$808,906
Oct 20239,68727,53485.443.09$912,662
Sep 20239,82727,56789.042.74$950,393
Aug 20239,78429,69980.522.67$867,190
Jul 20239,36522,32174.852.64$759,938
Jun 20238,43423,59268.962.26$634,891
May 20239,61624,78970.622.23$734,297
Apr 202310,17923,20278.122.24$847,104
Mar 20238,47925,77772.852.39$679,384
Feb 202310,01333,73575.112.47$835,256
Jan 202311,25439,20576.533.39$994,084
Dec 202211,53145,56576.415.73$1,142,129
Nov 20227,48435,42785.005.65$836,168
Oct 202212,06429,99387.185.86$1,227,611
Sep 202211,96738,52484.888.16$1,330,257
Aug 202212,94532,57094.529.13$1,520,833
Jul 202212,85628,524101.587.54$1,521,043
Jun 202211,18822,990115.097.98$1,471,023
May 202213,45124,809109.378.43$1,680,351
Apr 202213,13418,371104.226.84$1,494,439
Mar 202215,10722,493108.885.08$1,759,034
Feb 202211,88820,33591.054.86$1,181,207
Jan 202215,16328,65681.844.54$1,370,972
Dec 202115,32230,42171.323.90$1,211,380
Nov 202115,51029,23277.435.24$1,354,023
Oct 202117,71531,80879.795.71$1,595,227
Sep 202117,13831,05169.865.35$1,363,412
Aug 202118,67629,63266.024.22$1,358,054
Jul 202118,80827,23670.783.98$1,439,686
Jun 202118,60827,56069.493.38$1,386,240
May 202122,05528,32063.483.02$1,485,512
Apr 202119,22024,98460.362.76$1,229,036
Mar 202124,57226,26361.302.72$1,577,619
Feb 202119,40522,54357.805.55$1,246,676
Jan 202129,24027,14550.412.81$1,550,273
Dec 202028,21518,82044.642.68$1,309,870
Nov 202029,65519,77338.772.71$1,203,241
Oct 202035,20325,79736.972.48$1,365,391
Sep 202040,15849,26737.091.99$1,587,553
Aug 202031,79321,42639.982.39$1,322,187
Jul 202014,7158,63338.371.83$580,371
Jun 20208,8043,75834.901.69$313,612
May 202034251416.921.81$6,719
Apr 202011,4959,33014.751.80$186,386
Mar 202010,4368,21530.341.86$331,877
Feb 20207,08822,27349.881.98$397,665
Jan 202021,15112,96557.252.09$1,238,053
Dec 201955,53934,89259.012.30$3,357,760
Nov 201957,60131,45155.302.75$3,271,848
Oct 201959,99527,72153.472.42$3,274,977
Sep 201954,36324,52755.052.66$3,057,858
Aug 201939,19916,34753.112.30$2,119,528
Jul 20193,4513,89756.272.46$203,775
Jun 20196,3795,77452.782.49$351,068

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               20,215 bbl  × $ 98.93 = $1,999,870
Casinghead gas    76,786 Mcf  × $  2.87 =   $220,354

────────────────────────────────────────────────────
Month total                               $2,220,224

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/51706 is the state's own key, not one this site invented.