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HIGGINBOTHAM UNIT C 30-18

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 53336District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$31.3 M
Nov 2019 – May 2026
Value, last 12 filed months
$2.1 M
at the published price for each month
Months reported
79
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
OilDisposition463,278 bbl$28,332,658
Casinghead gasProduction813,565 Mcf$2,943,884
Total$31,276,542

Every month this lease reported (79)

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

79 months

May 202600106.413.05$0
Apr 20262,0718,24598.932.87$228,545
Mar 20262,2938,52289.753.15$232,636
Feb 20262,2328,17863.503.75$172,402
Jan 20262,4769,30359.138.00$220,811
Dec 20252,2298,89556.664.41$165,552
Nov 20252,1528,55258.593.93$159,665
Oct 20252,4598,89659.383.30$175,415
Sep 20252,4778,69062.743.08$182,145
Aug 20252,4189,27863.933.01$182,554
Jul 20252,6339,37766.743.32$206,813
Jun 20252,5338,61066.483.13$195,332
May 20252,6388,93760.553.23$188,618
Apr 20252,7098,86062.363.54$200,325
Mar 20252,6248,25967.704.27$212,897
Feb 20251,8086,89570.884.34$158,081
Jan 20252,8649,13974.324.28$251,955
Dec 20242,9989,26168.993.12$235,739
Nov 20242,7858,69969.052.20$211,428
Oct 20243,0209,49971.372.28$237,208
Sep 20242,7758,91569.612.36$214,246
Aug 20243,2239,67875.632.06$263,727
Jul 20243,1099,43479.932.15$268,753
Jun 20243,3309,57578.082.63$285,227
May 20242,9199,11378.812.20$250,081
Apr 20243,2457,90384.451.66$287,153
Mar 20242,7547,94780.301.55$233,425
Feb 20242,8047,50076.091.78$226,734
Jan 20242,5207,70673.023.30$209,422
Dec 20233,8119,48971.262.61$296,345
Nov 20233,6989,02277.892.81$313,367
Oct 20233,3227,79085.443.09$307,882
Sep 20232,4406,00689.042.74$233,684
Aug 20232,5636,64480.522.67$224,131
Jul 20232,5926,47974.852.64$211,127
Jun 20232,7707,83768.962.26$208,719
May 20233,8049,81970.622.23$290,509
Apr 20233,5839,77678.122.24$301,780
Mar 20234,03910,31672.852.39$318,929
Feb 20233,6869,46675.112.47$300,196
Jan 20234,23010,69976.533.39$359,967
Dec 20224,47311,07776.415.73$405,243
Nov 20224,30410,65785.005.65$426,012
Oct 20224,62611,33687.185.86$469,766
Sep 20224,58511,43484.888.16$482,518
Aug 20224,37910,87994.529.13$513,197
Jul 20224,86011,888101.587.54$583,339
Jun 20224,86211,612115.097.98$652,199
May 20225,22312,002109.378.43$672,453
Apr 20225,41911,719104.226.84$644,898
Mar 20225,25511,887108.885.08$632,508
Feb 20225,16510,96591.054.86$523,550
Jan 20225,96212,29881.844.54$543,734
Dec 20216,07712,52871.323.90$482,260
Nov 20216,04812,20077.435.24$532,186
Oct 20216,45312,66079.795.71$587,222
Sep 20216,49812,73469.865.35$522,089
Aug 20216,93213,30566.024.22$513,806
Jul 20217,32413,68470.783.98$572,884
Jun 20217,38213,57569.493.38$558,867
May 20218,14813,83463.483.02$558,981
Apr 20218,46213,42960.362.76$547,809
Mar 20219,78513,76061.302.72$637,206
Feb 20215,5777,31157.805.55$362,912
Jan 20219,92014,12450.412.81$539,759
Dec 202010,74214,43444.642.68$518,140
Nov 20209,42510,51338.772.71$393,861
Oct 20207,0498,19036.972.48$280,900
Sep 20209,96811,85437.091.99$393,315
Aug 202010,75812,26439.982.39$459,356
Jul 202011,36512,56838.371.83$459,013
Jun 202011,75412,39534.901.69$431,166
May 202013,18512,36916.921.81$245,537
Apr 202014,02411,95914.751.80$228,433
Mar 202016,76013,35230.341.86$533,283
Feb 202018,53713,13649.881.98$950,644
Jan 202026,32717,94457.252.09$1,544,809
Dec 201932,77719,45659.012.30$1,979,004
Nov 20198,2525,02455.302.75$470,155

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                2,071 bbl  × $ 98.93 =   $204,884
Casinghead gas     8,245 Mcf  × $  2.87 =    $23,661

────────────────────────────────────────────────────
Month total                                 $228,545

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/53336 is the state's own key, not one this site invented.