FAUN UNIT A 15-22

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 53010District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$42.6 M
Jul 2019 – May 2026
Value, last 12 filed months
$3.3 M
at the published price for each month
Months reported
83
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
OilDisposition672,081 bbl$40,274,940
Casinghead gasProduction698,363 Mcf$2,330,609
Total$42,605,549

Every month this lease reported (83)

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

83 months

May 202600106.413.05$0
Apr 20263,57916,53798.932.87$401,527
Mar 20264,02216,32189.753.15$412,377
Feb 20263,5848,92963.503.75$261,071
Jan 20262,8719,67959.138.00$247,174
Dec 20252,8029,31156.664.41$199,854
Nov 20253,81710,53458.593.93$264,999
Oct 20254,35112,14959.383.30$298,513
Sep 20254,41812,99162.743.08$317,158
Aug 20254,62113,26663.933.01$335,414
Jul 20254,36412,15866.743.32$331,560
Jun 20253,5368,24366.483.13$260,863
May 20254,52611,75560.553.23$312,045
Apr 20254,05110,88462.363.54$291,184
Mar 20253,7778,30767.704.27$291,160
Feb 20252,9176,02470.884.34$232,906
Jan 20252,1013,53974.324.28$171,289
Dec 20244,6977,83068.993.12$348,486
Nov 20244,5667,14369.052.20$330,986
Oct 20243,1874,43571.372.28$237,574
Sep 20245,0097,71269.612.36$366,910
Aug 20245,1707,85075.632.06$407,207
Jul 20245,4757,73779.932.15$454,225
Jun 20245,1947,42478.082.63$425,102
May 20245,7415,45278.812.20$464,434
Apr 20245,2863,04284.451.66$451,450
Mar 20246,1547,85780.301.55$506,306
Feb 20244,7184,63276.091.78$367,254
Jan 20245,9057,23973.023.30$455,055
Dec 20236,0756,55671.262.61$450,020
Nov 20236,5436,87477.892.81$528,933
Oct 20236,5257,03985.443.09$579,227
Sep 20236,2806,63089.042.74$577,305
Aug 20236,8976,43980.522.67$572,557
Jul 20235,7922,52774.852.64$440,207
Jun 20234,5601,65268.962.26$318,189
May 20235,7311,61570.622.23$408,320
Apr 20236,5753,86578.122.24$522,288
Mar 20236,9752,24972.852.39$513,511
Feb 202367737075.112.47$51,762
Jan 2023137076.533.39$10,485
Dec 20226,2115,65076.415.73$506,952
Nov 20227,2676,95685.005.65$656,970
Oct 20225,7224,90887.185.86$527,623
Sep 20227,1724,08184.888.16$642,075
Aug 20226,4644,28794.529.13$650,105
Jul 20227,8715,636101.587.54$842,043
Jun 20228,2875,406115.097.98$996,876
May 20229,6704,429109.378.43$1,094,958
Apr 20223,6141,741104.226.84$388,555
Mar 20221,5451,915108.885.08$177,941
Feb 20226,4868,96591.054.86$634,110
Jan 20227,98311,65081.844.54$706,193
Dec 20218,16112,80071.323.90$631,951
Nov 20218,59212,96677.435.24$733,180
Oct 20218,94712,50679.795.71$785,339
Sep 20219,26614,01969.865.35$722,337
Aug 20219,19513,41366.024.22$663,665
Jul 20217,8048,28270.783.98$585,347
Jun 20218,3828,81969.493.38$612,279
May 202111,34113,45063.483.02$760,514
Apr 202112,00912,22460.362.76$758,582
Mar 20219,1287,30761.302.72$579,399
Feb 20214,6805,05957.805.55$298,571
Jan 202111,54811,54150.412.81$614,568
Dec 202012,27712,07544.642.68$580,351
Nov 202010,57210,26338.772.71$437,654
Oct 202013,61713,65936.972.48$537,273
Sep 202014,49313,85637.091.99$565,133
Aug 202015,42514,61939.982.39$651,559
Jul 202017,76515,62638.371.83$710,162
Jun 202018,41315,31134.901.69$668,494
May 202020,79215,38716.921.81$379,724
Apr 202023,14514,91514.751.80$368,301
Mar 202033,57220,84230.341.86$1,057,262
Feb 202026,86513,08649.881.98$1,365,945
Jan 202018,8549,12657.252.09$1,098,508
Dec 20190059.012.30$0
Nov 201910,7966,61055.302.75$615,201
Oct 201919,52610,47053.472.42$1,069,377
Sep 201924,99010,60055.052.66$1,403,867
Aug 201919,2339,04453.112.30$1,042,305
Jul 20191,1956856.272.46$67,410

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                3,579 bbl  × $ 98.93 =   $354,070
Casinghead gas    16,537 Mcf  × $  2.87 =    $47,457

────────────────────────────────────────────────────
Month total                                 $401,527

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/53010 is the state's own key, not one this site invented.