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CASSIDY UNIT 26-23

Cassidy Unit 26-23 is an oil lease in Borden County, Texas, operated by Surge Operating, LLC in the Spraberry (Trend Area) field.

3 wells

58,570bbl oil, last 12 months−40% vs prior year
Operator
Surge Operating, LLC
County
Borden County
Field
Spraberry (Trend Area)
RRC lease
08-45730

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Where it sits

This county

Borden CountyBordenLynnGarzaKentScurryDawsonBorden County
Borden County
Gas, last 12 months
114,809 mcf
Oil in Jul 2026
4,204 bbl

Production by month

Oil output fell 40% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 40% over the last 12 monthsMonthly oil production and gas for CASSIDY UNIT 26-23, Aug 2023 to Jul 2026. Oil output fell 40% over the last 12 months. 58,570 bbl in the 12 months through Jul 2026, against 97,107 bbl in the 12 months before.Last 12 months: 58,570 bblbbl per monthmcf per month005,0002,50010k5,00015k7,50020k10k25k12.5kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 40% over the last 12 monthsMonthly oil production and gas for CASSIDY UNIT 26-23, Aug 2023 to Jul 2026. Oil output fell 40% over the last 12 months. 58,570 bbl in the 12 months through Jul 2026, against 97,107 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month005,0002,50010k5,00015k7,50020k10k25k12.5kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

93% of the gas went to a processing plant in the last 12 months

Flaring peaked at 100.0% of the gas in Jun 2024.

  • Processing plant (3)
  • Flared (4)
93% of the gas went to a processing plant in the last 12 monthsShare of CASSIDY UNIT 26-23 gas by disposition code each month, Aug 2023 to Jul 2026. 93% of the gas went to a processing plant in the last 12 months. Flaring peaked at 100.0% of the gas in Jun 2024.Share of the lease’s gas by disposition code, per month0%50%100%Flared 100.0%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
93% of the gas went to a processing plant in the last 12 monthsShare of CASSIDY UNIT 26-23 gas by disposition code each month, Aug 2023 to Jul 2026. 93% of the gas went to a processing plant in the last 12 months. Flaring peaked at 100.0% of the gas in Jun 2024.Share of gas by disposition code0%50%100%Flared 100.0%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    93% · 107,190 mcf

  • Flared (4)

    6.6% · 7,619 mcf

6.6% of the gas flared in the last 12 months. 8 months above 3%.

3 wells on this lease

Wells on CASSIDY UNIT 26-23
API numberWell no.Status
42-033-323221HActive
42-033-324825AHActive
42-033-326867AHActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Targa Midland LLCOilGathers95Oct 10, 2025–
Dk Trading & Supply, LLCOilGathers5Oct 10, 2025–
Targa Midland LLCCasinghead gasBuys100Oct 10, 2025–
Targa Midland LLCCasinghead gasGathers100Oct 10, 2025–
Targa Midland LLCCasinghead gasGathers50Mar 27, 2019Oct 10, 2025
Wtg Gas Processing, L.p.Casinghead gasGathers50Mar 27, 2019Oct 10, 2025
Targa Midland LLCCasinghead gasBuys50Mar 27, 2019Oct 10, 2025
Wtg Gas Processing, L.p.Casinghead gasBuys50Mar 27, 2019Oct 10, 2025
Lion Oil Trading & Trans, LLCOilGathers90Mar 27, 2019Oct 10, 2025
Targa Midland LLCOilGathers10Mar 27, 2019Oct 10, 2025

SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).

Who buys my oilOil price check

742.14 acres on the newest permit

  • Good to know

    The wells on this lease state different acreage

    The permits state between 742.14 and 1,276.08 acres. Use the acres from your own division order for the well you are paid on.

  • Worth asking

    A Rule 37 case is listed

    The RRC permit records list a Rule 37 case. This does not establish your royalty share. Ask for the permit and unit plat for your well.

Check your decimal on this lease
Permits for Cassidy Unit 26-23
API numberWell no.Acreson the permit
42-033-326867AH742.14
42-033-324825AH742.14
42-033-323221H1,276.08

SourceRailroad Commission drilling permits, Oct 3, 2026 (source 1, source 2).

Unit decimal checker

Estimate your royalty

36 months, newest first

Ledger for CASSIDY UNIT 26-23
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20264,2044,1889,3608,946414$80.46$2.89
Jun 20264,1334,0446,3404,8401,500$84.81$3.15
May 20264,6294,6678,7603,5295,231$102.13$2.94
Apr 20264,4674,6709,7519,316435$100.32$2.77
Mar 20265,0434,9339,7709,73139$91.38$3.04
Feb 20264,0294,1208,6908,6900$64.51$3.62
Jan 20264,9734,76010,00910,0090$60.04$7.72
Dec 20254,9865,17110,08410,0840$57.97$4.26
Nov 20255,0844,9639,7389,7380$60.06$3.79
Oct 20255,4795,48310,57510,5750$60.89$3.19
Sep 20255,5185,52710,58010,5800$63.96$2.97
Aug 20256,0255,97711,15211,1520$64.86$2.91
Jul 20256,0426,06610,83410,74589$68.39$3.20
Jun 20255,8955,8859,3919,3910$68.17$3.02
May 20256,3786,51810,23210,2320$62.17$3.12
Apr 20256,4436,4079,4809,4800$63.54$3.42
Mar 20257,0447,00710,12710,1270$68.24$4.12
Feb 20256,8546,9499,1309,03595$71.53$4.19
Jan 20257,9238,18510,24910,20841$75.74$4.13
Dec 20248,8338,53711,02511,0250$70.12$3.01
Nov 20249,3469,25910,52310,404119$69.95$2.12
Oct 202410,04910,13210,32510,3250$71.99$2.20
Sep 202410,22510,0759,1249,017107$70.24$2.28
Aug 202412,07512,2109,0549,0540$76.68$1.99
Jul 202412,75912,5636,8286,256572$81.80$2.07
Jun 20245477362250225$79.77$2.54
May 202438337000$80.02$2.12
Apr 2024410071710$85.35$1.60
Mar 20244425121671670$81.28$1.49
Feb 20241,6591,6342,1312,1310$77.25$1.72
Jan 20242,1162,2192,7412,69843$74.15$3.18
Dec 20232,1962,1122,7062,63373$71.90$2.52
Nov 20232,0022,0512,6442,6440$77.69$2.71
Oct 20232,2492,2782,8592,83821$85.64$2.98
Sep 20232,3502,2472,8842,756128$89.43$2.64
Aug 20231,6031,5741,6921,61181$81.39$2.58

Flared above 3%

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Oct 2, 2026.

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Nearby

This lease belongs to

OperatorSurge Operating, LLCFieldSpraberry (Trend Area)CountyBorden County

Surge Operating, LLC in Borden County

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Spraberry (Trend Area) field

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