ERLKING UNIT A 21-09

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 55791District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$60.6 M
Aug 2020 – May 2026
Value, last 12 filed months
$6.1 M
at the published price for each month
Months reported
70
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
OilDisposition741,532 bbl$56,905,224
Casinghead gasProduction968,734 Mcf$3,659,417
Total$60,564,641

Every month this lease reported (70)

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

70 months

May 202600106.413.05$0
Apr 20265,82518,58798.932.87$629,607
Mar 20266,41919,75389.753.15$638,316
Feb 20265,73518,18963.503.75$432,387
Jan 20266,96520,29459.138.00$574,150
Dec 20256,99620,49856.664.41$486,858
Nov 20257,04619,82458.593.93$490,663
Oct 20257,45320,23859.383.30$509,442
Sep 20257,49919,80262.743.08$531,416
Aug 20257,93720,78463.933.01$570,071
Jul 20258,07920,79966.743.32$608,145
Jun 20258,24920,46566.483.13$612,423
May 20258,32119,96860.553.23$568,380
Apr 20258,78220,30062.363.54$619,571
Mar 20258,70318,99967.704.27$670,287
Feb 20257,41516,17370.884.34$595,780
Jan 20259,67920,26074.324.28$806,029
Dec 20249,97920,48068.993.12$752,377
Nov 20249,73420,05769.052.20$716,227
Oct 202410,64420,71371.372.28$806,917
Sep 202410,79719,91369.612.36$798,661
Aug 202411,57320,74375.632.06$918,072
Jul 202410,94118,37979.932.15$913,966
Jun 202411,38218,97478.082.63$938,684
May 202412,33919,37978.812.20$1,015,040
Apr 202412,54818,45084.451.66$1,090,291
Mar 202414,07819,71180.301.55$1,160,919
Feb 202413,15617,20476.091.78$1,031,726
Jan 202412,65514,55373.023.30$972,059
Dec 202314,32515,91671.262.61$1,062,352
Nov 202313,76313,81377.892.81$1,110,781
Oct 202316,53815,35685.443.09$1,460,415
Sep 202317,50715,17089.042.74$1,600,314
Aug 202322,41416,11480.522.67$1,847,846
Jul 202322,02313,14274.852.64$1,683,140
Jun 20234,8462,12268.962.26$338,973
May 20238601,63170.622.23$64,366
Apr 20238,18114,03678.122.24$670,509
Mar 20238,91714,68772.852.39$684,752
Feb 20237,99612,18675.112.47$630,626
Jan 20239,45914,63376.533.39$773,470
Dec 20228,86812,87376.415.73$751,354
Nov 20228,71211,31285.005.65$804,390
Oct 20228,02010,78287.185.86$762,407
Sep 202210,10213,05284.888.16$964,010
Aug 202211,04414,07294.529.13$1,172,316
Jul 202210,72313,835101.587.54$1,193,587
Jun 202210,97513,147115.097.98$1,367,989
May 202211,7368,448109.378.43$1,354,809
Apr 202212,4716,703104.226.84$1,345,560
Mar 20225,9896,019108.885.08$682,637
Feb 202213,29313,81091.054.86$1,277,428
Jan 202215,89115,82681.844.54$1,372,333
Dec 202117,15616,27471.323.90$1,287,020
Nov 202118,64716,58977.435.24$1,530,711
Oct 202122,68618,60779.795.71$1,916,434
Sep 202123,63316,90369.865.35$1,741,448
Aug 202125,84215,61766.024.22$1,772,002
Jul 202134,87419,27970.783.98$2,545,152
Jun 202137,18818,92869.493.38$2,648,183
May 202125,92413,84363.483.02$1,687,429
Apr 2021052060.362.76$1,434
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$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                5,825 bbl  × $ 98.93 =   $576,267
Casinghead gas    18,587 Mcf  × $  2.87 =    $53,339

────────────────────────────────────────────────────
Month total                                 $629,607

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/55791 is the state's own key, not one this site invented.