MEDUSA UNIT B 28-21

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 52782District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$33.1 M
Apr 2019 – May 2026
Value, last 12 filed months
$1.6 M
at the published price for each month
Months reported
86
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
OilDisposition512,537 bbl$29,762,537
Casinghead gasProduction956,647 Mcf$3,340,938
Total$33,103,475

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 20261,2718,07298.932.87$148,904
Mar 20261,4598,42289.753.15$157,470
Feb 20261,6448,42363.503.75$135,983
Jan 20261,6888,36459.138.00$166,706
Dec 20251,7579,19656.664.41$140,137
Nov 20251,9498,95158.593.93$149,337
Oct 20251,8599,53659.383.30$141,902
Sep 20251,7569,00862.743.08$137,888
Aug 20251,76210,06763.933.01$142,994
Jul 20251,8899,65166.743.32$158,067
Jun 20251,8019,37166.483.13$149,050
May 20251,7419,06060.553.23$134,702
Apr 20251,8969,16762.363.54$150,714
Mar 20251,7518,99267.704.27$156,923
Feb 20251,5648,50470.884.34$147,771
Jan 20252,0769,65474.324.28$195,595
Dec 20241,9888,54068.993.12$163,809
Nov 20242,0128,17269.052.20$156,894
Oct 20242,1869,41971.372.28$177,503
Sep 20241,9698,13269.612.36$156,289
Aug 20242,2926,10875.632.06$185,949
Jul 20242,0153,80479.932.15$169,225
Jun 20247501,38778.082.63$62,213
May 20241,2012,22878.812.20$99,549
Apr 20241,6003,94084.451.66$141,657
Mar 20242,3408,96080.301.55$201,746
Feb 20242,2389,26676.091.78$186,817
Jan 20242,3739,78173.023.30$205,531
Dec 20232,5759,84571.262.61$209,197
Nov 20232,4839,71377.892.81$220,671
Oct 20232,6499,82885.443.09$256,672
Sep 20232,0897,87289.042.74$207,535
Aug 20232,5459,79080.522.67$231,091
Jul 20232,73310,28074.852.64$231,723
Jun 20232,7839,82368.962.26$214,101
May 20232,8869,87970.622.23$225,814
Apr 20232,98210,11178.122.24$255,580
Mar 20233,1609,91772.852.39$253,939
Feb 20232,2797,21875.112.47$188,973
Jan 20233,2399,55576.533.39$280,250
Dec 20221,7124,41876.415.73$156,125
Nov 20228363,16285.005.65$88,913
Oct 20222,93811,74987.185.86$325,028
Sep 20223,33512,54084.888.16$385,447
Aug 20223,33112,64194.529.13$430,223
Jul 20223,58313,104101.587.54$462,793
Jun 20223,53612,851115.097.98$509,473
May 20223,93013,729109.378.43$545,601
Apr 20224,10413,572104.226.84$520,519
Mar 20224,20613,881108.885.08$528,415
Feb 20224,27713,45091.054.86$454,772
Jan 20225,14815,03281.844.54$489,523
Dec 20215,60214,95371.323.90$457,838
Nov 20215,49012,68277.435.24$491,504
Oct 20211,4734,22379.795.71$141,660
Sep 20214,70014,27569.865.35$404,726
Aug 20215,06215,30066.024.22$398,768
Jul 20215,58816,04570.783.98$459,411
Jun 20215,26114,70769.493.38$415,306
May 20216,07015,46463.483.02$431,989
Apr 20216,19715,00360.362.76$415,436
Mar 20217,81815,97061.302.72$522,633
Feb 20213,8118,70257.805.55$268,554
Jan 20217,60117,47550.412.81$432,276
Dec 20208,61618,13644.642.68$433,140
Nov 20209,30517,11538.772.71$407,078
Oct 20205,9839,52636.972.48$244,801
Sep 20209,17016,59137.091.99$373,149
Aug 202010,31717,81239.982.39$454,957
Jul 202011,90317,61238.371.83$488,862
Jun 20206,0799,70634.901.69$228,563
May 202011,14914,85516.921.81$215,599
Apr 202012,12013,97714.751.80$203,990
Mar 202015,22215,06330.341.86$489,796
Feb 202016,81013,16049.881.98$864,548
Jan 20206,4833,33857.252.09$378,144
Dec 20195,0517,63859.012.30$315,660
Nov 201915,62820,45255.302.75$920,486
Oct 201919,71724,94153.472.42$1,114,589
Sep 201924,36826,16355.052.66$1,410,981
Aug 201931,52721,49353.112.30$1,723,927
Jul 201928,72310,67156.272.46$1,642,495
Jun 201932,18313,49852.782.49$1,732,245
May 201935,71417,59958.482.74$2,136,782
Apr 20197,6304,36762.632.75$489,879

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                1,271 bbl  × $ 98.93 =   $125,740
Casinghead gas     8,072 Mcf  × $  2.87 =    $23,164

────────────────────────────────────────────────────
Month total                                 $148,904

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/52782 is the state's own key, not one this site invented.