ELECTRIC UNIT B 23-22

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 58885District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$103.2 M
Jul 2022 – May 2026
Value, last 12 filed months
$14.0 M
at the published price for each month
Months reported
47
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
OilDisposition1,257,599 bbl$95,329,741
Casinghead gasProduction2,254,055 Mcf$7,868,850
Total$103,198,592

Wells on this lease (6)

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 32.4547, -101.3180. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.4 miles.

32.45467, -101.31801 · 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 6 wells
With a plug date
0.0%
0 of 6 wells
Median depth
6,468 ft
6 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.
6100.0%

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 6,288 and 6,682 ft, median 6,468 ft, over the 6 wells that filed a depth.

Completions filed
Jul 2022 – Apr 2024
6 of 6 wells

6 wells

42-227416304AH6,671 ftApr 2024
42-227416314SH6,293 ftApr 2024
42-227416325AH6,682 ftApr 2024
42-227416795SH6,308 ftApr 2024
42-227414356SH6,288 ftJul 2022
42-227414366AH6,627 ftJul 2022

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 (47)

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

47 months

May 202600106.413.05$0
Apr 202611,39160,01698.932.87$1,299,141
Mar 202610,00058,25489.753.15$1,080,967
Feb 20269,61253,85763.503.75$812,343
Jan 202612,93469,37259.138.00$1,319,619
Dec 202514,44968,12356.664.41$1,119,332
Nov 202514,84668,28258.593.93$1,137,932
Oct 202516,40574,03759.383.30$1,218,809
Sep 202515,60270,28962.743.08$1,195,143
Aug 202518,41780,41463.933.01$1,419,828
Jul 202520,42383,54966.743.32$1,640,013
Jun 202521,27299,21766.483.13$1,724,585
May 202523,90989,11560.553.23$1,735,738
Apr 202524,76883,44962.363.54$1,840,202
Mar 202527,61182,35567.704.27$2,220,782
Feb 202526,78275,67070.884.34$2,226,780
Jan 202532,72885,08374.324.28$2,796,388
Dec 202433,92360,76968.993.12$2,530,030
Nov 202435,96657,10069.052.20$2,608,983
Oct 202442,18764,55671.372.28$3,158,164
Sep 202446,38463,62669.612.36$3,379,225
Aug 202455,71354,92175.632.06$4,326,911
Jul 202464,62164,46079.932.15$5,303,526
Jun 202476,72653,74278.082.63$6,132,321
May 2024105,40752,43778.812.20$8,422,405
Apr 202449,74811,66984.451.66$4,220,580
Mar 2024134680.301.55$1,115
Feb 20244,49714,90476.091.78$368,760
Jan 202410,30735,60473.023.30$870,027
Dec 202311,47332,64571.262.61$902,793
Nov 202311,74631,59977.892.81$1,003,612
Oct 202312,73431,85685.443.09$1,186,341
Sep 202313,21031,25189.042.74$1,261,691
Aug 202314,60834,05680.522.67$1,267,264
Jul 202315,86238,16174.852.64$1,288,084
Jun 202317,12724,33568.962.26$1,236,038
May 202317,92127,78570.622.23$1,327,469
Apr 202320,12227,40678.122.24$1,633,259
Mar 202322,47226,45672.852.39$1,700,399
Feb 202322,14428,19075.112.47$1,732,743
Jan 202327,54733,73676.533.39$2,222,460
Dec 202229,02333,16376.415.73$2,407,641
Nov 202241,42536,24485.005.65$3,725,766
Oct 202256,92032,90787.185.86$5,155,244
Sep 202255,63026,27384.888.16$4,936,359
Aug 202238,18420,91194.529.13$3,800,010
Jul 20222,8102,165101.587.54$301,768

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               11,391 bbl  × $ 98.93 = $1,126,912
Casinghead gas    60,016 Mcf  × $  2.87 =   $172,229

────────────────────────────────────────────────────
Month total                               $1,299,141

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/58885 is the state's own key, not one this site invented.