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Texas oil lease

No report in 6+ months

CHANCE 24

Chance 24 is an oil lease in Midland County, Texas, operated by Surge Operating, LLC in the Spraberry (Trend Area) field.

2 wells

0bbl oil, last 12 months
Operator
Surge Operating, LLC
County
Midland County
Field
Spraberry (Trend Area)
RRC lease
08-46815

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Where it sits

This county

Midland CountyMidlandMartinAndrewsGlasscockHowardEctorMidland County
Midland County
Oil in Oct 2024
0 bbl
Reporting since
Jan 2020

Checks stopped on this lease?

  • Sales

    No sales reported for the last 12 months of state data (through Jul 2026).

  • Wells

    All 2 wells on this lease are marked plugged.

SourceRailroad Commission production, P-5 and P-4 records, data through Jul 2026.

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Production by month

No oil produced in the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
No oil produced in the last 12 monthsMonthly oil production and gas for CHANCE 24, Nov 2021 to Oct 2024. No oil produced in the last 12 months. The last month with output was Jan 2022, at 105 bbl.Last 12 months: 0 bblbbl per monthmcf per month00505100101501520020Jan 22AprJulOctJan 23AprJulOctJan 24AprJulOct
No oil produced in the last 12 monthsMonthly oil production and gas for CHANCE 24, Nov 2021 to Oct 2024. No oil produced in the last 12 months. The last month with output was Jan 2022, at 105 bbl.Last 12 monthsbbl per monthmcf per month00505100101501520020Jan 22JulJan 23JulJan 24Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

All of the gas went to a processing plant in the 2 months reported

All of the gas went to a processing plant in the 2 months reportedShare of CHANCE 24 gas by disposition code each month, Nov 2021 to Oct 2024. All of the gas went to a processing plant in the 2 months reported.Share of the lease’s gas by disposition code, per month0%50%100%Jan 22AprJulOctJan 23AprJulOctJan 24AprJulOct
All of the gas went to a processing plant in the 2 months reportedShare of CHANCE 24 gas by disposition code each month, Nov 2021 to Oct 2024. All of the gas went to a processing plant in the 2 months reported.Share of gas by disposition code0%50%100%Jan 22JulJan 23JulJan 24Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Who has run this lease

The operator changed once, most recently in Aug 2021

Operators of this lease over timeApache Corporation, Jan 2020 to Jul 2021; Surge Operating, LLC, Aug 2021 to Oct 202420202021202220232024Changed Aug 2021Apache CorporationJan 2020 to Jul 2021Surge Operating, LLCAug 2021 to now
Operators of this lease over timeApache Corporation, Jan 2020 to Jul 2021; Surge Operating, LLC, Aug 2021 to Oct 202420202021202220232024Changed Aug 2021Apache CorporationJan 2020 to Jul 2021Surge Operating, LLCAug 2021 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

2 wells on this lease

Wells on CHANCE 24
API numberWell no.Status
42-227-375861Shut-in
42-227-378704Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Energy Trans Crude Marketing LLCOilGathers90Sep 1, 2021–
Lion Oil Trading & Trans, LLCOilGathers10Sep 1, 2021–
Wtg Gas Processing, L.p.Casinghead gasBuys100May 30, 2014–
Wtg Gas Processing, L.p.Casinghead gasGathers100May 30, 2014–
Sunoco Ptnrs. Mktg.&terminals LPOilGathers100Aug 1, 2021Sep 1, 2021
Energy Trans Crude Marketing LLCOilGathers50Jul 1, 2021Aug 1, 2021
Sunoco Ptnrs. Mktg.&terminals LPOilGathers50Jul 1, 2021Aug 1, 2021
Sunoco Ptnrs. Mktg.&terminals LPOilGathers100May 30, 2014Jul 1, 2021

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

Who buys my oilOil price check

648.60 acres on the newest permit

  • Good to know

    All listed wells are plugged

    The RRC wellbore records mark all listed wells as plugged. These records do not show whether earlier royalties remain payable. Ask the payor about any unpaid months.

Check your decimal on this lease
Permits for Chance 24
API numberWell no.Acreson the permit
42-227-378704648.60
42-227-375861648.60

SourceRailroad Commission drilling permits, Sep 26, 2026 (source 1, source 2).

Unit decimal checker

Estimate your royalty

36 months, newest first

Ledger for CHANCE 24
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Oct 2024Surge Operating,00000$71.99$2.20
Sep 2024Surge Operating,00000$70.24$2.28
Aug 2024Surge Operating,00000$76.68$1.99
Jul 2024Surge Operating,00000$81.80$2.07
Jun 2024Surge Operating,00000$79.77$2.54
May 2024Surge Operating,00000$80.02$2.12
Apr 2024Surge Operating,00000$85.35$1.60
Mar 2024Surge Operating,00000$81.28$1.49
Feb 2024Surge Operating,00000$77.25$1.72
Jan 2024Surge Operating,00000$74.15$3.18
Dec 2023Surge Operating,00000$71.90$2.52
Nov 2023Surge Operating,00000$77.69$2.71
Oct 2023Surge Operating,00000$85.64$2.98
Sep 2023Surge Operating,00000$89.43$2.64
Aug 2023Surge Operating,00000$81.39$2.58
Jul 2023Surge Operating,00000$76.07$2.55
Jun 2023Surge Operating,00000$70.25$2.18
May 2023Surge Operating,00000$71.58$2.15
Apr 2023Surge Operating,00000$79.45$2.16
Mar 2023Surge Operating,00000$73.28$2.31
Feb 2023Surge Operating,00000$76.83$2.38
Jan 2023Surge Operating,00000$78.12$3.27
Dec 2022Surge Operating,00000$76.44$5.53
Nov 2022Surge Operating,00000$84.37$5.45
Oct 2022Surge Operating,00000$87.55$5.66
Sep 2022Surge Operating,00000$84.26$7.88
Aug 2022Surge Operating,00000$93.67$8.81
Jul 2022Surge Operating,00000$101.62$7.28
Jun 2022Surge Operating,00000$114.84$7.70
May 2022Surge Operating,00000$109.55$8.14
Apr 2022Surge Operating,0109000$101.78$6.60
Mar 2022Surge Operating,00000$108.50$4.90
Feb 2022Surge Operating,018615150$91.64$4.69
Jan 2022Surge Operating,1050770$83.22$4.38
Dec 2021Surge Operating,151192000$71.71$3.76
Nov 2021Surge Operating,168186000$79.15$5.05

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)CountyMidland County

Surge Operating, LLC in Midland County

No other producing leases from this operator in this county are in our data yet.

Spraberry (Trend Area) field

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