WEREWOLF UNIT B 12-05

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 60708District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$67.6 M
Jul 2023 – May 2026
Value, last 12 filed months
$14.2 M
at the published price for each month
Months reported
35
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
OilDisposition870,657 bbl$64,920,243
Casinghead gasProduction882,508 Mcf$2,695,316
Total$67,615,559

Every month this lease reported (35)

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

35 months

May 202600106.413.05$0
Apr 202616,96025,92698.932.87$1,752,253
Mar 202619,22628,66189.753.15$1,815,800
Feb 202618,39425,01363.503.75$1,261,826
Jan 202620,63925,71059.138.00$1,426,011
Dec 202521,88826,35956.664.41$1,356,506
Nov 202519,80924,01658.593.93$1,254,907
Oct 202520,08223,54059.383.30$1,270,265
Sep 202518,04421,94962.743.08$1,199,616
Aug 202517,34021,05763.933.01$1,172,028
Jul 202513,12018,63366.743.32$937,401
Jun 202511,06715,53566.483.13$784,339
May 202515,41523,61260.553.23$1,009,700
Apr 202515,69623,45862.363.54$1,061,917
Mar 202516,84224,37567.704.27$1,244,244
Feb 202514,95321,16870.884.34$1,151,756
Jan 202518,30825,14474.324.28$1,468,234
Dec 202419,52226,57768.993.12$1,429,779
Nov 202419,48039,00269.052.20$1,430,838
Oct 202421,06725,92871.372.28$1,562,704
Sep 202421,34924,68069.612.36$1,544,456
Aug 202423,68826,91975.632.06$1,847,074
Jul 202425,92928,80279.932.15$2,134,331
Jun 202427,26528,86278.082.63$2,204,873
May 202430,76729,65578.812.20$2,489,942
Apr 202433,86729,97884.451.66$2,909,808
Mar 202439,97632,65080.301.55$3,260,521
Feb 202443,32528,62376.091.78$3,347,652
Jan 202438,73024,51873.023.30$2,908,917
Dec 202361,46937,43171.262.61$4,478,003
Nov 202360,99034,69377.892.81$4,847,914
Oct 202358,36359,08485.443.09$5,168,944
Sep 202346,62720,92589.042.74$4,208,899
Aug 202320,43710,01280.522.67$1,672,348
Jul 2023231374.852.64$1,756

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               16,960 bbl  × $ 98.93 = $1,677,853
Casinghead gas    25,926 Mcf  × $  2.87 =    $74,400

────────────────────────────────────────────────────
Month total                               $1,752,253

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/60708 is the state's own key, not one this site invented.