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MORGAN-NEAL 39-26

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 51979District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$49.3 M
Apr 2019 – May 2026
Value, last 12 filed months
$5.9 M
at the published price for each month
Months reported
86
no gaps in the span
Streams
2
oil, casinghead gas

The SPRABERRY (TREND AREA) field

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
OilDisposition715,340 bbl$43,986,953
Casinghead gasProduction1,530,631 Mcf$5,362,557
Total$49,349,509

Wells on this lease (3)

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 32.4546, -101.3398. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles.

32.45465, -101.33955 · 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 3 wells
With a plug date
0.0%
0 of 3 wells
Median depth
6,502 ft
3 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.
3100.0%

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

Between 6,452 and 6,841 ft, median 6,502 ft, over the 3 wells that filed a depth.

Completions filed
Apr 2019 – Nov 2024
3 of 3 wells

3 wells

42-227424893SH6,452 ftNov 2024——
42-227398522LS6,502 ftApr 2019——
42-227396413WA6,841 ftApr 2019——

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 (86)

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

86 months

May 202600106.413.05$0
Apr 20265,83025,05598.932.87$648,663
Mar 20265,69924,66289.753.15$589,157
Feb 20266,47824,00463.503.75$501,376
Jan 20266,16324,27659.138.00$558,576
Dec 20257,00625,42856.664.41$509,183
Nov 20256,85124,40558.593.93$497,225
Oct 20257,59625,46959.383.30$535,221
Sep 20256,95521,27962.743.08$501,830
Aug 20256,64117,86863.933.01$478,427
Jul 20257,48419,62166.743.32$564,530
Jun 20257,53319,77466.483.13$562,661
May 20258,08519,99960.553.23$554,190
Apr 20258,39918,90862.363.54$590,755
Mar 20259,5429,31967.704.27$685,770
Feb 20259,70720,88870.884.34$778,704
Jan 202512,56224,39974.324.28$1,038,003
Dec 202414,40014,07468.993.12$1,037,386
Nov 20244,5262,34969.052.20$317,684
Oct 20240271.372.28$5
Sep 202471291969.612.36$51,735
Aug 20244,02914,09775.632.06$333,804
Jul 20244,44115,45979.932.15$388,153
Jun 20243,90916,05078.082.63$347,490
May 20244,28216,56578.812.20$373,882
Apr 20244,27515,39384.451.66$386,564
Mar 20244,74218,33980.301.55$409,119
Feb 20242,87532,90876.091.78$277,455
Jan 20242,80118,75873.023.30$266,387
Dec 20231,6355,42671.262.61$130,676
Nov 20231,5144,76577.892.81$131,303
Oct 20233,4509,76185.443.09$324,903
Sep 20233,89414,28989.042.74$385,803
Aug 20235,87712,81580.522.67$507,469
Jul 20235,84112,28474.852.64$469,651
Jun 20233,32710,68568.962.26$253,562
May 20233,51311,92770.622.23$274,654
Apr 20233,24810,86878.122.24$278,054
Mar 20234,31416,46672.852.39$353,681
Feb 20233,50016,18575.112.47$302,792
Jan 20234,30921,58076.533.39$402,875
Dec 20223,28715,77876.415.73$341,553
Nov 20223,67315,03285.005.65$397,079
Oct 20223,1129,56887.185.86$327,409
Sep 20221,7038,46084.888.16$213,615
Aug 20226233,36094.529.13$89,553
Jul 20224,31116,306101.587.54$560,893
Jun 20226,55320,909115.097.98$920,980
May 20225,19017,144109.378.43$712,206
Apr 20227,68417,029104.226.84$917,264
Mar 20229,94520,960108.885.08$1,189,213
Feb 20224,58513,69591.054.86$484,006
Jan 20224,77927,52381.844.54$516,004
Dec 20214,48024,65571.323.90$415,646
Nov 20214,39716,85477.435.24$428,722
Oct 20214,83320,65779.795.71$503,656
Sep 20215,94130,30569.865.35$577,198
Aug 20216,60730,81266.024.22$566,239
Jul 20215,93916,03670.783.98$484,219
Jun 20218,30922,24069.493.38$652,577
May 202110,16326,07463.483.02$723,830
Apr 20217,34616,89760.362.76$490,014
Mar 202111,90431,93261.302.72$816,473
Feb 20218,44725,82557.805.55$631,512
Jan 20218,28226,43450.412.81$491,782
Dec 20209,10121,35944.642.68$463,414
Nov 202010,16121,45038.772.71$451,998
Oct 202012,69824,90336.972.48$531,165
Sep 202013,32024,80437.091.99$543,425
Aug 202016,68025,68839.982.39$728,135
Jul 202013,24217,28838.371.83$539,648
Jun 202010,90610,06334.901.69$397,629
May 202021416016.921.81$3,911
Apr 20208,45011,68914.751.80$145,729
Mar 202015,91130,79830.341.86$539,908
Feb 202017,28428,51649.881.98$918,607
Jan 202015,3515,63657.252.09$890,651
Dec 201918,55123,54359.012.30$1,148,946
Nov 201921,26022,41255.302.75$1,237,327
Oct 201927,98034,38653.472.42$1,579,255
Sep 201930,18734,03655.052.66$1,752,238
Aug 201940,82327,72253.112.30$2,231,991
Jul 201949,32818,77456.272.46$2,821,872
Jun 201912,0078,19252.782.49$654,137
May 201910,5606,70458.482.74$635,920
Apr 20191,28870562.632.75$82,607

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                5,830 bbl  × $ 98.93 =   $576,762
Casinghead gas    25,055 Mcf  × $  2.87 =    $71,901

────────────────────────────────────────────────────
Month total                                 $648,663

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/51979 is the state's own key, not one this site invented.