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JOTUNN UNIT B 25-13

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 53169District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$42.0 M
Sep 2019 – May 2026
Value, last 12 filed months
$2.4 M
at the published price for each month
Months reported
81
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
OilDisposition659,816 bbl$38,051,968
Casinghead gasProduction1,066,263 Mcf$3,964,253
Total$42,016,221

Every month this lease reported (81)

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

81 months

May 202600106.413.05$0
Apr 20262,0129,21998.932.87$225,503
Mar 20261,5856,46989.753.15$162,627
Feb 20263,02210,46263.503.75$231,133
Jan 20263,38312,17559.138.00$297,411
Dec 20253,25011,00256.664.41$232,701
Nov 20252,4589,03658.593.93$179,494
Oct 20253,04710,30459.383.30$214,984
Sep 20253,21410,45862.743.08$233,825
Aug 20252,7489,39263.933.01$203,994
Jul 20253,35210,62766.743.32$258,943
Jun 20252,6047,20166.483.13$195,644
May 20252,6897,16960.553.23$185,991
Apr 20252,5937,72462.363.54$189,067
Mar 20252,1767,13167.704.27$177,753
Feb 20252,2646,63870.884.34$189,287
Jan 20252,4747,69674.324.28$216,796
Dec 20242,3848,03468.993.12$189,549
Nov 20242,1567,11369.052.20$164,509
Oct 20242,3566,94971.372.28$184,001
Sep 20243,47410,01469.612.36$265,502
Aug 20243,43910,78075.632.06$282,338
Jul 20243,09310,08079.932.15$268,861
Jun 20243,27710,25178.082.63$282,869
May 20243,43010,85078.812.20$294,171
Apr 20243,20710,35084.451.66$288,004
Mar 20242,5808,19680.301.55$219,838
Feb 20242,7208,78076.091.78$222,625
Jan 20243,51712,11173.023.30$296,749
Dec 20234,14213,57671.262.61$330,602
Nov 20234,32114,06577.892.81$376,051
Oct 20234,67114,83485.443.09$444,887
Sep 20233,87113,29789.042.74$381,042
Aug 20234,68915,22380.522.67$418,248
Jul 20234,91715,46574.852.64$408,893
Jun 20234,78514,18068.962.26$361,999
May 20235,04315,57270.622.23$390,822
Apr 20235,20615,57478.122.24$441,544
Mar 20235,67915,63172.852.39$451,123
Feb 20235,07214,20575.112.47$415,983
Jan 20235,95716,25676.533.39$510,960
Dec 20225,37914,90376.415.73$496,390
Nov 20225,69716,06685.005.65$574,957
Oct 20226,26717,15887.185.86$646,967
Sep 20225,94616,24084.888.16$637,275
Aug 20226,86317,59794.529.13$809,301
Jul 20226,69117,650101.587.54$812,789
Jun 20227,02717,344115.097.98$947,094
May 20227,11517,388109.378.43$924,801
Apr 20227,60217,680104.226.84$913,169
Mar 20228,04818,049108.885.08$967,890
Feb 20227,66216,51091.054.86$777,845
Jan 20229,09518,50781.844.54$828,314
Dec 20218,91118,34771.323.90$707,070
Nov 20218,37217,64577.435.24$740,648
Oct 202110,29519,25979.795.71$931,481
Sep 202110,06918,60369.865.35$802,964
Aug 202110,39318,06966.024.22$762,408
Jul 202112,00220,06570.783.98$929,402
Jun 202111,42118,09469.493.38$854,814
May 202113,50919,11263.483.02$915,225
Apr 202110,65013,37260.362.76$679,720
Mar 202111,76914,15861.302.72$759,906
Feb 20218,7339,49557.805.55$557,445
Jan 202112,28912,86350.412.81$655,637
Dec 202013,24314,67644.642.68$630,433
Nov 202014,92815,86038.772.71$621,685
Oct 202016,21716,60436.972.48$640,694
Sep 202017,83117,22237.091.99$695,641
Aug 202019,65617,49739.982.39$827,579
Jul 202023,13918,85838.371.83$922,262
Jun 202023,14517,13834.901.69$836,729
May 202031,36320,56116.921.81$567,975
Apr 202039,08521,62214.751.80$615,518
Mar 202027,45014,64930.341.86$860,025
Feb 202070049.881.98$3,492
Jan 202011,4518,97157.252.09$674,362
Dec 201918,63213,54559.012.30$1,130,687
Nov 201923,40914,00755.302.75$1,333,047
Oct 201926,04113,45853.472.42$1,424,961
Sep 20195,4943,33255.052.66$311,299

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                2,012 bbl  × $ 98.93 =   $199,047
Casinghead gas     9,219 Mcf  × $  2.87 =    $26,456

────────────────────────────────────────────────────
Month total                                 $225,503

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/53169 is the state's own key, not one this site invented.