SUCCUBUS-ROUGAROU 24-37

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 62134District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$14.5 M
Mar 2024 – May 2026
Value, last 12 filed months
$3.9 M
at the published price for each month
Months reported
27
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
OilDisposition191,289 bbl$13,900,672
Casinghead gasProduction192,795 Mcf$612,924
Total$14,513,596

Every month this lease reported (27)

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

27 months

May 202600106.413.05$0
Apr 20263,5616,56798.932.87$371,135
Mar 20264,2847,37089.753.15$407,700
Feb 20264,2686,87763.503.75$296,809
Jan 20264,0356,71159.138.00$292,264
Dec 20254,6867,98556.664.41$300,749
Nov 20254,9347,79658.593.93$319,694
Oct 20255,1948,12459.383.30$335,268
Sep 20255,2057,97062.743.08$351,085
Aug 20255,6538,38163.933.01$386,663
Jul 20255,9578,75166.743.32$426,582
Jun 20256,1078,58666.483.13$432,857
May 20256,5298,60660.553.23$423,148
Apr 20255,2225,87362.363.54$346,453
Mar 20256,2607,13267.704.27$454,244
Feb 20255,5985,68270.884.34$421,451
Jan 20255,7024,89974.324.28$444,734
Dec 20245,3504,78968.993.12$384,045
Nov 20247,4886,73569.052.20$531,853
Oct 20248,2076,94771.372.28$601,582
Sep 20248,6217,13669.612.36$616,980
Aug 202410,2958,37075.632.06$795,883
Jul 202412,3179,57379.932.15$1,005,047
Jun 202414,39510,00278.082.63$1,150,307
May 202417,92610,41578.812.20$1,435,645
Apr 202418,3058,84084.451.66$1,560,525
Mar 20245,1902,67880.301.55$420,895

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                3,561 bbl  × $ 98.93 =   $352,290
Casinghead gas     6,567 Mcf  × $  2.87 =    $18,845

────────────────────────────────────────────────────
Month total                                 $371,135

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/62134 is the state's own key, not one this site invented.