THUNDERBIRD UNIT 07-10

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 52184District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$30.6 M
Feb 2019 – May 2026
Value, last 12 filed months
$4.8 M
at the published price for each month
Months reported
88
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
OilDisposition472,774 bbl$29,004,665
Casinghead gasProduction459,193 Mcf$1,565,100
Total$30,569,765

Every month this lease reported (88)

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

88 months

May 202600106.413.05$0
Apr 20265,2157,22498.932.87$536,651
Mar 20264,4196,61689.753.15$417,442
Feb 20264,8216,86763.503.75$331,887
Jan 20265,3857,59959.138.00$379,191
Dec 20255,5087,75456.664.41$346,304
Nov 20255,9187,61858.593.93$376,647
Oct 20256,2087,91559.383.30$394,789
Sep 20256,8118,20062.743.08$452,553
Aug 20257,5318,51863.933.01$507,137
Jul 20257,1658,25366.743.32$505,552
Jun 20258,2768,57566.483.13$577,017
May 20259,1878,80860.553.23$584,743
Apr 202510,1269,50162.363.54$665,121
Mar 202514,90810,53967.704.27$1,054,255
Feb 20259,6724,48170.884.34$705,003
Jan 20250074.324.28$0
Dec 202436068.993.12$2,484
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20241,98271769.612.36$139,662
Aug 20241,87557575.632.06$142,993
Jul 20242749979.932.15$22,113
Jun 20245512978.082.63$43,098
May 20243131078.812.20$24,690
Apr 2024352084.451.66$29,726
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20241,7181,93773.023.30$131,836
Dec 20232,9993,42271.262.61$222,643
Nov 20233,0253,37877.892.81$245,101
Oct 20232,8952,91385.443.09$256,342
Sep 202385873089.042.74$78,393
Aug 20232,8822,91380.522.67$239,845
Jul 20232,7293,65874.852.64$213,929
Jun 20232,8914,02668.962.26$208,456
May 20233,4984,53570.622.23$257,130
Apr 20233,9094,73478.122.24$315,965
Mar 20234,2874,64772.852.39$323,429
Feb 20233,8944,08475.112.47$302,548
Jan 20233,9284,43676.533.39$315,638
Dec 20223,6934,41276.415.73$307,459
Nov 20223,4673,96985.005.65$317,105
Oct 20224,1053,85387.185.86$380,467
Sep 20223,8472,74984.888.16$348,975
Aug 20222,8701,04894.529.13$280,838
Jul 2022178101.587.54$1,787
Jun 20221760115.097.98$20,256
May 20224,0055,271109.378.43$482,477
Apr 20223,8786,010104.226.84$445,259
Mar 20223,4676,147108.885.08$408,692
Feb 20224,0256,03291.054.86$395,785
Jan 20224,7286,45581.844.54$416,230
Dec 20214,0026,63371.323.90$311,286
Nov 20214,3356,57277.435.24$370,076
Oct 20214,6996,94079.795.71$414,587
Sep 20214,6936,66669.865.35$363,522
Aug 20214,9927,11866.024.22$359,614
Jul 20214,9507,26370.783.98$379,283
Jun 20214,8047,05669.493.38$357,684
May 20214,7666,29363.483.02$321,536
Apr 20215,2146,62360.362.76$332,986
Mar 20216,2097,58061.302.72$401,206
Feb 20213,3044,16757.805.55$214,090
Jan 20216,6827,84650.412.81$358,889
Dec 20206,1098,00544.642.68$294,123
Nov 20207,0727,99438.772.71$295,818
Oct 20206,5667,67136.972.48$261,757
Sep 20204,9244,63537.091.99$191,860
Aug 20204,5593,57539.982.39$190,796
Jul 20206,3787,12838.371.83$257,733
Jun 20206,9767,34134.901.69$255,871
May 20207,6558,01916.921.81$144,075
Apr 20208,0357,28614.751.80$131,663
Mar 20205,4695,22930.341.86$175,636
Feb 20207,0218,00449.881.98$366,061
Jan 20208,9447,72357.252.09$528,222
Dec 20198,6646,85559.012.30$527,059
Nov 20198,8816,53555.302.75$509,095
Oct 201910,3907,72053.472.42$574,224
Sep 201910,8458,23155.052.66$618,889
Aug 201912,4838,80553.112.30$683,262
Jul 201914,1529,41056.272.46$819,482
Jun 201917,41310,43052.782.49$945,041
May 201921,34211,03558.482.74$1,278,320
Apr 201917,4758,57562.632.75$1,118,047
Mar 201917,3246,58056.803.06$1,004,152
Feb 20191,12338550.852.79$58,180

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                5,215 bbl  × $ 98.93 =   $515,920
Casinghead gas     7,224 Mcf  × $  2.87 =    $20,731

────────────────────────────────────────────────────
Month total                                 $536,651

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/52184 is the state's own key, not one this site invented.