WRAITH UNIT A 12-16

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 58105District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$95.0 M
Sep 2021 – May 2026
Value, last 12 filed months
$10.2 M
at the published price for each month
Months reported
56
1 month not filed
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
OilDisposition1,180,716 bbl$90,510,470
Casinghead gasProduction1,333,649 Mcf$4,538,233
Total$95,048,703

Every month this lease reported (56)

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

56 months

May 202600106.413.05$0
Apr 20269,46726,40998.932.87$1,012,357
Mar 20269,75127,65889.753.15$962,259
Feb 202610,95028,58163.503.75$802,513
Jan 202611,66130,80659.138.00$935,899
Dec 202512,41132,44256.664.41$846,385
Nov 202512,57631,69958.593.93$861,292
Oct 202513,41032,43059.383.30$903,462
Sep 202513,22631,39362.743.08$926,393
Aug 202512,83229,18063.933.01$908,320
Jul 202514,43531,51166.743.32$1,067,857
Jun 202513,62029,92966.483.13$999,097
May 202514,72631,73460.553.23$994,234
Apr 202515,30031,98762.363.54$1,067,442
Mar 202516,24633,38267.704.27$1,242,339
Feb 202514,96129,46170.884.34$1,188,321
Jan 202516,67831,85474.324.28$1,375,802
Dec 202416,79630,73368.993.12$1,254,685
Nov 202417,27626,22469.052.20$1,250,560
Oct 202419,33534,09271.372.28$1,457,716
Sep 202419,44431,90069.612.36$1,428,920
Aug 202420,67932,97375.632.06$1,631,997
Jul 202420,67131,43279.932.15$1,719,705
Jun 202420,86130,72978.082.63$1,709,766
May 202422,79531,22478.812.20$1,865,118
Apr 202423,64729,05684.451.66$2,045,199
Mar 202425,75626,33780.301.55$2,108,901
Feb 202412,13012,71276.091.78$945,645
Jan 202418,56917,91773.023.30$1,414,993
Dec 202328,05425,80871.262.61$2,066,506
Nov 202329,36223,70877.892.81$2,353,568
Oct 202332,63939,93185.443.09$2,911,954
Sep 202334,04838,48989.042.74$3,136,903
Aug 202341,15842,84380.522.67$3,428,556
Jul 202342,61637,26674.852.64$3,288,257
Jun 202341,64932,10968.962.26$2,944,633
May 202356,17135,80270.622.23$4,046,541
Apr 202349,44332,20278.122.24$3,934,548
Mar 202365,51635,20772.852.39$4,857,097
Feb 202350,65725,15275.112.47$3,866,864
Jan 202314,7428,39876.533.39$1,156,655
Dec 202219,61113,70476.415.73$1,576,988
Nov 202245,24129,97185.005.65$4,014,707
Oct 202262,49933,18187.185.86$5,643,228
Sep 202267,30430,09384.888.16$5,958,433
Aug 202248,01622,51794.529.13$4,743,989
Jul 20221,7811,483101.587.54$192,099
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0

Not filed, and not zero: Jan 2022. The Railroad Commission holds no report for those months, so this page shows none — a zero would state that the lease produced nothing.

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                9,467 bbl  × $ 98.93 =   $936,570
Casinghead gas    26,409 Mcf  × $  2.87 =    $75,786

────────────────────────────────────────────────────
Month total                               $1,012,357

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/58105 is the state's own key, not one this site invented.