WENDIGO UNIT A 10-15

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 61479District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$87.4 M
Jan 2024 – May 2026
Value, last 12 filed months
$18.4 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
OilDisposition1,150,114 bbl$83,864,097
Casinghead gasProduction1,105,484 Mcf$3,558,557
Total$87,422,654

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 202615,00327,77798.932.87$1,563,959
Mar 202621,08537,77089.753.15$2,011,333
Feb 202620,71334,73263.503.75$1,445,532
Jan 202620,75435,33459.138.00$1,509,783
Dec 202523,34037,61256.664.41$1,488,440
Nov 202524,35258,90558.593.93$1,658,071
Oct 202526,42961,48359.383.30$1,772,546
Sep 202526,63437,94462.743.08$1,787,768
Aug 202528,23237,51563.933.01$1,917,970
Jul 202525,82630,22566.743.32$1,823,829
Jun 202520,00927,64966.483.13$1,416,704
May 202531,33241,65260.553.23$2,031,785
Apr 202532,44840,85662.363.54$2,168,215
Mar 202536,02243,10067.704.27$2,622,654
Feb 202535,74740,91870.884.34$2,711,366
Jan 202541,65146,17574.324.28$3,293,070
Dec 202446,61382,62168.993.12$3,473,722
Nov 202449,65748,15469.052.20$3,534,680
Oct 202458,20185,71471.372.28$4,349,353
Sep 202465,45450,30569.612.36$4,675,192
Aug 202477,96562,53675.632.06$6,025,544
Jul 202487,89736,87079.932.15$7,104,752
Jun 202490,81428,00578.082.63$7,164,522
May 202493,05725,77178.812.20$7,390,478
Apr 202481,45023,92584.451.66$6,918,149
Mar 202458,30817,68780.301.55$4,709,461
Feb 202411,1214,24876.091.78$853,774
Jan 20240173.023.30$3

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               15,003 bbl  × $ 98.93 = $1,484,247
Casinghead gas    27,777 Mcf  × $  2.87 =    $79,712

────────────────────────────────────────────────────
Month total                               $1,563,959

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/61479 is the state's own key, not one this site invented.