NESSIE UNIT B 34-46

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 51707District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$58.0 M
Nov 2018 – May 2026
Value, last 12 filed months
$4.0 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
OilDisposition895,063 bbl$52,478,556
Casinghead gasProduction1,566,267 Mcf$5,518,905
Total$57,997,461

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 20264,21717,53298.932.87$467,500
Mar 20265,46420,10389.753.15$553,707
Feb 20265,75517,83063.503.75$432,311
Jan 20264,79017,91459.138.00$426,507
Dec 20255,93018,71156.664.41$418,572
Nov 20256,12817,77358.593.93$428,824
Oct 20253,97712,67959.383.30$278,056
Sep 20252,7918,97562.743.08$202,723
Aug 20253,71910,98263.933.01$270,864
Jul 20253,63511,12966.743.32$279,495
Jun 20253,71810,99466.483.13$281,570
May 20254,22411,68060.553.23$293,517
Apr 20254,48711,70062.363.54$321,264
Mar 20254,66312,23867.704.27$367,921
Feb 20253,9659,66770.884.34$323,002
Jan 20253,93410,36074.324.28$336,702
Dec 20243,7839,49168.993.12$290,614
Nov 20243,2858,42569.052.20$245,351
Oct 20243,4179,41871.372.28$265,358
Sep 20242,8838,04269.612.36$219,700
Aug 20242,3437,06175.632.06$191,772
Jul 20241,4755,74679.932.15$130,231
Jun 20248132,82478.082.63$70,917
May 20248113,47278.812.20$71,548
Apr 20241,3416,34584.451.66$123,775
Mar 20243,26212,88580.301.55$281,848
Feb 20244,05514,10876.091.78$333,709
Jan 20244,41416,63573.023.30$377,167
Dec 20234,76217,00071.262.61$383,722
Nov 20234,92016,90077.892.81$430,667
Oct 20234,94818,13385.443.09$478,739
Sep 20234,60316,16289.042.74$454,055
Aug 20234,35715,57880.522.67$392,464
Jul 20234,31216,40574.852.64$366,092
Jun 20233,50213,30868.962.26$271,554
May 20235,53421,09570.622.23$437,798
Apr 20235,24919,81178.122.24$454,384
Mar 20235,40019,41072.852.39$439,841
Feb 20235,38018,23175.112.47$449,044
Jan 20235,94921,16376.533.39$526,971
Dec 20225,65620,71576.415.73$550,853
Nov 20225,85219,42285.005.65$607,081
Oct 20226,16020,47887.185.86$657,107
Sep 20226,37220,51784.888.16$708,350
Aug 20226,66321,03594.529.13$821,777
Jul 20226,44919,967101.587.54$805,682
Jun 20226,49620,603115.097.98$911,979
May 20227,24821,686109.378.43$975,593
Apr 20227,23221,153104.226.84$898,355
Mar 20227,58721,305108.885.08$934,225
Feb 20227,41020,84291.054.86$775,948
Jan 20227,82021,17881.844.54$736,088
Dec 20217,99920,22871.323.90$649,360
Nov 20217,60119,72077.435.24$691,816
Oct 20217,54518,93079.795.71$710,179
Sep 20218,82020,71269.865.35$726,993
Aug 20218,42219,42066.024.22$637,984
Jul 20219,64121,93170.783.98$769,721
Jun 20219,64121,21969.493.38$741,686
May 202110,30121,91463.483.02$720,037
Apr 202110,45221,15260.362.76$689,229
Mar 202112,10521,29161.302.72$799,883
Feb 20216,39613,32557.805.55$443,615
Jan 202111,55523,61550.412.81$648,852
Dec 202012,75625,39344.642.68$637,366
Nov 202012,99524,19238.772.71$569,293
Oct 202012,17924,50336.972.48$510,987
Sep 202013,80726,31137.091.99$564,488
Aug 202014,83026,65739.982.39$656,483
Jul 202015,94328,37238.371.83$663,515
Jun 202016,39727,63234.901.69$618,962
May 202017,67428,28916.921.81$350,382
Apr 202019,01328,24314.751.80$331,403
Mar 202020,39826,06630.341.86$667,260
Feb 202020,14426,49849.881.98$1,057,267
Jan 202026,82532,28657.252.09$1,603,362
Dec 201929,40430,25559.012.30$1,804,848
Nov 201916,75014,95255.302.75$967,403
Oct 201930,33826,81053.472.42$1,687,014
Sep 201939,46930,75155.052.66$2,254,482
Aug 201947,91828,34453.112.30$2,610,240
Jul 201957,57628,93456.272.46$3,310,981
Jun 201932,88513,79252.782.49$1,770,029
May 201977058.482.74$4,503
Apr 20192,8901,14062.632.75$184,137
Mar 201920,7638,91256.803.06$1,206,628
Feb 201922,4899,68350.852.79$1,170,603
Jan 201928,84412,99946.033.23$1,369,652
Dec 20189,0814,98046.594.19$443,927
Nov 20180052.934.24$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                4,217 bbl  × $ 98.93 =   $417,188
Casinghead gas    17,532 Mcf  × $  2.87 =    $50,312

────────────────────────────────────────────────────
Month total                                 $467,500

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/51707 is the state's own key, not one this site invented.