CHEVRON UNIT 03-56

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 55261District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$83.5 M
Jan 2020 – May 2026
Value, last 12 filed months
$32.5 M
at the published price for each month
Months reported
77
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
OilDisposition1,162,823 bbl$75,727,683
Casinghead gasProduction2,052,451 Mcf$7,774,703
Total$83,502,385

Wells on this lease (7)

Every wellbore the Railroad Commission records against this lease key, with the depth, the last completion and the plug date exactly as filed. A well with no plug date is not stated to be producing — the state files no such flag.

These wells centre on 32.4047, -101.3610. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

32.40477, -101.36068 · centre of the wells drawn, derived

What these wells add up to

Every figure below is counted over all of this lease's wells, not over the rows listed above. The Railroad Commission files two facts about a well's state — a plug date and a proration-schedule flag — and a well can carry both, so they are published as separate counts and never merged into a status.

On the schedule
0.0%
0 of 7 wells
With a plug date
0.0%
0 of 7 wells
Median depth
6,571 ft
7 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
7100.0%

A plug date is the date the Commission recorded the wellbore as sealed with cement and abandoned. It is the only end-of-life fact Texas files. There is no "active" flag on a well, so this page does not print one — a well with no plug date is not stated to be producing.

How deep they were drilled

Between 5,897 and 7,006 ft, median 6,571 ft, over the 7 wells that filed a depth.

Completions filed
Jan 2020 – May 2025
7 of 7 wells

7 wells

42-227426115MH5,897 ftMay 2025
42-227426094SH6,571 ftApr 2025
42-227426135SH6,553 ftApr 2025
42-227426125AH6,890 ftApr 2025
42-227426146AH7,006 ftApr 2025
42-227402328WA6,835 ftFeb 2020
42-227402317LS6,518 ftJan 2020

The API number is the state's, prefixed 42 for Texas. A well is matched to this lease by the lease key the Commission files on the wellbore record, so a well that has moved between leases appears under each one it was filed against.

Every month this lease reported (77)

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

77 months

May 202600106.413.05$0
Apr 202619,42772,78098.932.87$2,130,771
Mar 202623,33388,05389.753.15$2,371,454
Feb 202622,81980,65163.503.75$1,751,474
Jan 202627,75195,55259.138.00$2,405,134
Dec 202530,84297,51256.664.41$2,177,863
Nov 202532,14591,37558.593.93$2,242,154
Oct 202536,31394,16859.383.30$2,467,476
Sep 202540,88197,39462.743.08$2,864,547
Aug 202550,491111,92463.933.01$3,565,314
Jul 202563,739105,61166.743.32$4,604,062
Jun 202584,78782,11066.483.13$5,893,539
May 202557,67133,48860.553.23$3,600,223
Apr 202536735562.363.54$24,144
Mar 20250067.704.27$0
Feb 20251,7255,47570.884.34$146,034
Jan 20255,38520,66574.324.28$488,632
Dec 20245,73620,53368.993.12$459,818
Nov 20245,98619,61569.052.20$456,456
Oct 20246,60821,92571.372.28$521,633
Sep 20246,25521,43269.612.36$486,084
Aug 20246,47622,52575.632.06$536,263
Jul 20247,09022,43779.932.15$614,867
Jun 20247,37221,35078.082.63$631,841
May 20247,69918,14878.812.20$646,655
Apr 20246,30812,03084.451.66$552,671
Mar 20243,7218,96880.301.55$312,653
Feb 20246,67116,06776.091.78$536,254
Jan 20246,66615,35673.023.30$537,390
Dec 20238,05819,99971.262.61$626,425
Nov 20238,64721,24877.892.81$733,170
Oct 20239,58523,61985.443.09$891,861
Sep 20239,94520,74889.042.74$942,249
Aug 20239,22119,67580.522.67$795,064
Jul 202310,48720,54574.852.64$839,228
Jun 202311,11518,72068.962.26$808,769
May 202310,04111,24370.622.23$734,138
Apr 20234,7964,25978.122.24$384,194
Mar 20231,3411,07172.852.39$100,255
Feb 20237,22716,19875.112.47$582,759
Jan 202311,24021,57276.533.39$933,277
Dec 202211,67825,67776.415.73$1,039,422
Nov 202212,22025,95285.005.65$1,185,230
Oct 202213,03129,05987.185.86$1,306,438
Sep 202213,40330,48884.888.16$1,386,541
Aug 202214,28829,70794.529.13$1,621,642
Jul 202214,63525,701101.587.54$1,680,462
Jun 202214,63819,969115.097.98$1,843,984
May 202212,89916,396109.378.43$1,549,032
Apr 202215,34221,466104.226.84$1,745,719
Mar 202215,81114,034108.885.08$1,792,744
Feb 20227,2743,95691.054.86$681,519
Jan 202211,2784,51481.844.54$943,475
Dec 20215,7692,85671.323.90$422,581
Nov 20211,42657077.435.24$113,400
Oct 20210079.795.71$0
Sep 20210969.865.35$48
Aug 20218,6955,89866.024.22$598,937
Jul 20213,1751,63870.783.98$231,249
Jun 202111,33317,19469.493.38$845,657
May 202118,11429,25963.483.02$1,238,171
Apr 202119,22229,26960.362.76$1,240,976
Mar 202121,91931,51061.302.72$1,429,245
Feb 202118,65823,06857.805.55$1,206,413
Jan 202124,56139,45850.412.81$1,349,008
Dec 202010,5048,38144.642.68$491,322
Nov 202012,78211,68538.772.71$527,184
Oct 202013,76513,69136.972.48$542,824
Sep 202017,44518,92237.091.99$684,710
Aug 202022,09617,99239.982.39$926,311
Jul 202029,33018,63438.371.83$1,159,401
Jun 202022,8269,17634.901.69$812,138
May 202017,5257,18016.921.81$309,553
Apr 202026,78913,58814.751.80$419,656
Mar 202023,2729,02830.341.86$722,831
Feb 20201,15313049.881.98$57,769
Jan 20200057.252.09$0

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               19,427 bbl  × $ 98.93 = $1,921,913
Casinghead gas    72,780 Mcf  × $  2.87 =   $208,858

────────────────────────────────────────────────────
Month total                               $2,130,771

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/55261 is the state's own key, not one this site invented.