CHIMERA B 07-19

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 61231District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$13.6 M
Jan 2024 – May 2026
Value, last 12 filed months
$3.0 M
at the published price for each month
Months reported
29
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
OilDisposition178,344 bbl$13,073,515
Casinghead gasProduction160,695 Mcf$485,194
Total$13,558,709

Every month this lease reported (29)

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

29 months

May 202600106.413.05$0
Apr 20263,2774,64098.932.87$337,509
Mar 20263,2694,43789.753.15$307,367
Feb 20263,5594,46363.503.75$242,734
Jan 20263,4065,06359.138.00$241,890
Dec 20253,6644,87656.664.41$229,122
Nov 20253,8725,16858.593.93$247,152
Oct 20253,9435,10459.383.30$251,003
Sep 20254,0055,11962.743.08$267,024
Aug 20254,2235,39063.933.01$286,226
Jul 20254,3245,48666.743.32$306,771
Jun 20254,2304,60266.483.13$295,609
May 20254,3675,37260.553.23$281,786
Apr 20254,6405,25962.363.54$307,984
Mar 20254,8835,55567.704.27$354,290
Feb 20254,6944,84870.884.34$353,755
Jan 20255,5675,62174.324.28$437,790
Dec 20245,9636,11268.993.12$430,465
Nov 20245,9125,90569.052.20$421,205
Oct 20246,5095,98871.372.28$478,208
Sep 20246,7386,05269.612.36$483,341
Aug 20247,4984,51675.632.06$576,393
Jul 20248,2674,93679.932.15$671,377
Jun 20249,3266,92978.082.63$746,425
May 202411,0258,31078.812.20$887,149
Apr 202413,6389,66084.451.66$1,167,757
Mar 202416,80010,43680.301.55$1,365,165
Feb 202414,4707,78476.091.78$1,114,906
Jan 20246,2753,06473.023.30$468,305

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                3,277 bbl  × $ 98.93 =   $324,194
Casinghead gas     4,640 Mcf  × $  2.87 =    $13,316

────────────────────────────────────────────────────
Month total                                 $337,509

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/61231 is the state's own key, not one this site invented.