WRAITH UNIT B 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 59389District 08Field 85280300OilCasinghead gasSave
Value, all time
$101.0 M
Jan 2023 – May 2026
Value, last 12 filed months
$33.2 M
at the published price for each month
Months reported
41
no gaps in the span
Streams
2
oil, casinghead gas

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
OilDisposition1,343,896 bbl$97,089,022
Casinghead gasProduction1,187,034 Mcf$3,887,937
Total$100,976,959

Every month this lease reported (41)

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

41 months

May 202600106.413.05$0
Apr 202635,72756,96998.932.87$3,697,957
Mar 202639,02656,19189.753.15$3,679,554
Feb 202639,69952,61663.503.75$2,718,213
Jan 202647,98557,80359.138.00$3,299,657
Dec 202554,84858,44556.664.41$3,365,627
Nov 202556,93051,21658.593.93$3,536,625
Oct 202558,04044,11659.383.30$3,592,212
Sep 202553,24741,99562.743.08$3,469,932
Aug 202549,92138,40863.933.01$3,307,240
Jul 202530,04224,82666.743.32$2,087,306
Jun 20255,8547,97166.483.13$414,113
May 202522,97034,78860.553.23$1,503,279
Apr 202523,43734,49262.363.54$1,583,741
Mar 202526,24537,38667.704.27$1,936,362
Feb 202525,73334,65170.884.34$1,974,369
Jan 202530,44339,11974.324.28$2,429,901
Dec 202432,24039,14568.993.12$2,346,424
Nov 202432,61838,88869.052.20$2,337,766
Oct 202437,27039,02371.372.28$2,748,987
Sep 202439,38235,79069.612.36$2,826,001
Aug 202445,20438,63075.632.06$3,498,497
Jul 202451,73039,93879.932.15$4,220,509
Jun 202458,00838,33078.082.63$4,630,225
May 202470,48537,76278.812.20$5,637,940
Apr 202472,82031,57884.451.66$6,202,043
Mar 202453,60424,06080.301.55$4,341,577
Feb 20243,9591,67976.091.78$304,235
Jan 20241,3591,22773.023.30$103,280
Dec 202314,99112,08071.262.61$1,099,796
Nov 202317,08412,43277.892.81$1,365,576
Oct 202319,83520,64885.443.09$1,758,449
Sep 202321,98719,44289.042.74$2,010,897
Aug 202326,10219,30780.522.67$2,153,338
Jul 202324,31613,40074.852.64$1,855,453
Jun 202325,38211,05968.962.26$1,775,319
May 202329,75112,39770.622.23$2,128,629
Apr 202329,78712,74978.122.24$2,355,490
Mar 202322,57910,27272.852.39$1,669,463
Feb 202313,2556,19175.112.47$1,010,848
Jan 202311576.533.39$127

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               35,727 bbl  × $ 98.93 = $3,534,472
Casinghead gas    56,969 Mcf  × $  2.87 =   $163,485

────────────────────────────────────────────────────
Month total                               $3,697,957

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/59389 is the state's own key, not one this site invented.