WENDIGO UNIT B 10-14

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 57377District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$75.8 M
Mar 2022 – May 2026
Value, last 12 filed months
$9.0 M
at the published price for each month
Months reported
51
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
OilDisposition921,719 bbl$72,510,448
Casinghead gasProduction945,141 Mcf$3,257,113
Total$75,767,561

Every month this lease reported (51)

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

51 months

May 202600106.413.05$0
Apr 20264,56811,12098.932.87$483,824
Mar 202610,31325,39589.753.15$1,005,572
Feb 20269,79723,00063.503.75$708,367
Jan 202610,57924,63359.138.00$822,549
Dec 202511,55526,45356.664.41$771,453
Nov 202511,85340,88058.593.93$854,980
Oct 202512,60242,12159.383.30$887,510
Sep 202512,03125,01862.743.08$831,803
Aug 202511,91323,80263.933.01$833,355
Jul 202512,81824,16166.743.32$935,572
Jun 202512,56323,00566.483.13$907,164
May 202514,01724,88960.553.23$929,179
Apr 202514,19023,91062.363.54$969,604
Mar 202515,18823,94267.704.27$1,130,420
Feb 202514,53921,68270.884.34$1,124,642
Jan 202516,74324,37774.324.28$1,348,641
Dec 202418,05640,97868.993.12$1,373,591
Nov 202417,76122,32669.052.20$1,275,479
Oct 202419,00039,65671.372.28$1,446,501
Sep 202420,11623,62969.612.36$1,456,142
Aug 202422,18329,79975.632.06$1,739,194
Jul 202424,30018,47079.932.15$1,981,947
Jun 202425,00015,49878.082.63$1,992,821
May 202430,55615,53078.812.20$2,442,260
Apr 202434,95014,71984.451.66$2,975,949
Mar 202441,67514,49480.301.55$3,368,898
Feb 202430,62212,42276.091.78$2,352,184
Jan 20244,2731,68573.023.30$317,571
Dec 20231,7472,04271.262.61$129,822
Nov 202314,49415,57777.892.81$1,172,671
Oct 202316,06825,28085.443.09$1,450,896
Sep 202316,96820,06589.042.74$1,565,709
Aug 202319,02520,99380.522.67$1,588,005
Jul 202320,27118,73874.852.64$1,566,786
Jun 202321,35719,67768.962.26$1,517,219
May 202325,86920,78170.622.23$1,873,156
Apr 202331,19823,57278.122.24$2,489,936
Mar 202341,06624,55172.852.39$3,050,413
Feb 202337,92815,67075.112.47$2,887,409
Jan 202333,19913,72076.533.39$2,587,199
Dec 20225,5131,45276.415.73$429,567
Nov 20220085.005.65$0
Oct 202210,6296,55187.185.86$965,050
Sep 202218,32910,97484.888.16$1,645,354
Aug 202218,50610,17294.529.13$1,842,029
Jul 202222,56711,427101.587.54$2,378,539
Jun 202228,47912,427115.097.98$3,376,781
May 202231,61412,923109.378.43$3,566,603
Apr 202223,131955104.226.84$2,417,243
Mar 202200108.885.08$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                4,568 bbl  × $ 98.93 =   $451,912
Casinghead gas    11,120 Mcf  × $  2.87 =    $31,911

────────────────────────────────────────────────────
Month total                                 $483,824

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/57377 is the state's own key, not one this site invented.