MIYAGI B 38-35

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 63865District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$8.2 M
Jun 2025 – May 2026
Value, last 12 filed months
$8.2 M
at the published price for each month
Months reported
12
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
OilDisposition114,174 bbl$7,491,304
Casinghead gasProduction196,606 Mcf$734,035
Total$8,225,339

Wells on this lease (8)

Every wellbore the Railroad Commission records against this lease key, with the depth, the last completion and the plug date exactly as filed. A well with no plug date is not stated to be producing — the state files no such flag.

These wells centre on 32.4166, -101.0016. A lease has no coordinate of its own — that point is the mean of its wells, and they span 32.5 miles, so treat it as the lease's centre and not as its location.

32.31032, -101.20453 · centre of the wells drawn, derived

What these wells add up to

Every figure below is counted over all of this lease's wells, not over the rows listed above. The Railroad Commission files two facts about a well's state — a plug date and a proration-schedule flag — and a well can carry both, so they are published as separate counts and never merged into a status.

On the schedule
87.5%
7 of 8 wells
With a plug date
87.5%
7 of 8 wells
Median depth
1,749 ft
8 wells filed one
Completion to plug
37.0 years
median over 7 wells

What the state filed about each well

On the RRC proration schedule
787.5%
A plug date is filed
787.5%
BothOn the schedule and plugged. Neither fact cancels the other.
787.5%
NeitherNo plug date, and not on the schedule.
112.5%

A plug date is the date the Commission recorded the wellbore as sealed with cement and abandoned. It is the only end-of-life fact Texas files. There is no "active" flag on a well, so this page does not print one — a well with no plug date is not stated to be producing.

How deep they were drilled

Total depth in feet, 8 of 8 wells. Median 1,749 ft, with the middle half between 1,687 and 1,861 ft; the shallowest is 1,615 ft and the deepest 7,429 ft. The median is published rather than the mean, because a single mis-keyed depth moves a mean and cannot move a median.

When they were last completed

Last completion by decade, 8 of 8 wells, Apr 1982 – Jun 2025. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Apr 1982 – Jun 2025
8 of 8 wells
Plug dates filed
Oct 2019 – Oct 2021
7 of 8 wells; 1 filed none

Last completion to plug: a median of 37.0 years across the 7 wells that filed both dates, with the middle half between 36.3 years and 38.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

8 wells

42-227426545AH7,429 ftJun 2025
42-3353130371,640 ftDec 1984Nov 2019Yes
42-3353264831,615 ftNov 1983Oct 2019Yes
42-3353251521,702 ftApr 1983Oct 2019Yes
42-3353237241,860 ftOct 1982Oct 2021Yes
42-3353237161,760 ftOct 1982Nov 2019Yes
42-3353232751,738 ftOct 1982Oct 2019Yes
42-3353228011,862 ftApr 1982Oct 2021Yes

The API number is the state's, prefixed 42 for Texas. A well is matched to this lease by the lease key the Commission files on the wellbore record, so a well that has moved between leases appears under each one it was filed against.

Every month this lease reported (12)

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

12 months

May 202600106.413.05$0
Apr 20265,17514,61098.932.87$553,889
Mar 20265,84715,80789.753.15$574,551
Feb 20266,04814,74263.503.75$439,335
Jan 20266,12214,53659.138.00$478,252
Dec 20257,97418,69656.664.41$534,319
Nov 20259,33920,50858.593.93$627,695
Oct 202511,52423,00759.383.30$760,330
Sep 202514,69226,18562.743.08$1,002,345
Aug 202521,85327,96463.933.01$1,481,367
Jul 202517,42813,60766.743.32$1,208,255
Jun 20258,1726,94466.483.13$565,000

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                5,175 bbl  × $ 98.93 =   $511,963
Casinghead gas    14,610 Mcf  × $  2.87 =    $41,927

────────────────────────────────────────────────────
Month total                                 $553,889

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/63865 is the state's own key, not one this site invented.