Texas oil lease
ProducingCOBRA KAI D 47-02
Cobra Kai D 47-02 is an oil lease in Howard County, Texas, operated by Surge Operating, LLC in the Spraberry (Trend Area) field.
1 well
- Operator
- Surge Operating, LLC
- County
- Howard County
- RRC lease
- 08-64039
Is your check right?
Where it sits
This county
- Gas, last 12 months
- 152,965 mcf
- Oil in Jul 2026
- 3,614 bbl
Checks stopped on this lease?
- Buyer
Buyer changed: ET GATHERING & PROCESSING LLC replaced ETC GAS PROCESSING, LLC as the buyer of this lease's gas from oil wells on Mar 27, 2026.
SourceRailroad Commission production, P-5 and P-4 records, data through Jul 2026.
See why checks stop on this leaseProduction by month
Oil output fell 64% since Jun 2025
- Oil (bars)
- Gas (line)
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
Where the gas went
72% of the gas went to a processing plant in the last 12 months
Flaring peaked at 95.2% of the gas in Jun 2025.
- Processing plant (3)
- Lease fuel (1)
- Flared (4)
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
Processing plant (3)
72% · 109,714 mcf
Flared (4)
17% · 26,674 mcf
Lease fuel (1)
11% · 16,577 mcf
17.4% of the gas flared in the last 12 months. 12 months above 3%.
1 well on this lease
| API number | Well no. | Status |
|---|---|---|
| 42-227-42658 | 4DH | Active |
SourceTexas Railroad Commission Wellbore Query.
Buyers and gatherers
| Company | Product | Role | Share% | From | Until |
|---|---|---|---|---|---|
| Medallion Operating Company, LLC | Oil | Gathers | 95 | Mar 27, 2026 | – |
| Rio Energy International, Inc. | Oil | Gathers | 5 | Mar 27, 2026 | – |
| Et Gathering & Processing LLC | Casinghead gas | Buys | 100 | Mar 27, 2026 | – |
| Energy Transfer Company | Casinghead gas | Gathers | 100 | Jun 5, 2025 | – |
| Etc Gas Processing, LLC | Casinghead gas | Buys | 100 | Jun 5, 2025 | Mar 27, 2026 |
| Medallion Operating Company, LLC | Oil | Gathers | 100 | Jun 5, 2025 | Mar 27, 2026 |
SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).
1,043.63 acres on the newest permit
- Worth asking
An allocation well is on this lease
A well drilled across several tracts shares its production by an allocation formula, so the decimal is not always your acres over the unit acres. Ask the operator for the allocation formula and the tract factor for your land.
| API number | Well no. | Permit issued | Completed | Acreson the permit |
|---|---|---|---|---|
| 42-227-42658 | 4DH | Dec 10, 2024 | Jun 5, 2025 | 1,043.63 |
Estimate your royalty
14 months, newest first
| Month | Oil producedbbl | Oil soldbbl | Gas producedmcf | Gas soldmcf, codes 2+3 | Flaredmcf | WTI$/bbl | Henry Hub$/MMBtu |
|---|---|---|---|---|---|---|---|
| Jul 2026 | 3,614 | 3,620 | 9,846 | 8,678 | 785 | $80.46 | $2.89 |
| Jun 2026 | 3,736 | 3,730 | 9,725 | 8,461 | 825 | $84.81 | $3.15 |
| May 2026 | 4,626 | 4,609 | 10,886 | 10,184 | 97 | $102.13 | $2.94 |
| Apr 2026 | 2,553 | 2,566 | 3,452 | 3,118 | 130 | $100.32 | $2.77 |
| Mar 2026 | 4,232 | 4,240 | 10,444 | 8,453 | 507 | $91.38 | $3.04 |
| Feb 2026 | 4,391 | 4,383 | 10,643 | 5,118 | 4,031 | $64.51 | $3.62 |
| Jan 2026 | 4,564 | 4,564 | 10,818 | 8,171 | 1,235 | $60.04 | $7.72 |
| Dec 2025 | 5,387 | 5,407 | 12,685 | 11,185 | 123 | $57.97 | $4.26 |
| Nov 2025 | 6,010 | 5,993 | 14,659 | 12,329 | 755 | $60.06 | $3.79 |
| Oct 2025 | 7,037 | 7,049 | 17,707 | 13,106 | 2,635 | $60.89 | $3.19 |
| Sep 2025 | 8,459 | 8,453 | 21,969 | 15,002 | 3,834 | $63.96 | $2.97 |
| Aug 2025 | 11,089 | 11,113 | 20,131 | 5,909 | 11,717 | $64.86 | $2.91 |
| Jul 2025 | 11,841 | 11,906 | 13,048 | 0 | 12,242 | $68.39 | $3.20 |
| Jun 2025 | 10,074 | 9,946 | 9,627 | 0 | 9,163 | $68.17 | $3.02 |
Flared above 3%
SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Oct 2, 2026.
How to check your stub against this lease Checks stopped on this lease? See the likely reasonsDo your checks match this lease?
Nearby
This lease belongs to
Surge Operating, LLC in Howard County
- POLTERGEIST-PIXIE A 11-38
71,930 bbl
- ELROD-ANTELL UNIT A 11-02
47,372 bbl
- HAMLIN 18-30 B
65,450 bbl
- WALKER-DRRC WEST UNIT 30-56
54,875 bbl
- ENGLE UNIT A 43-54
57,745 bbl
- GARDNER UNIT 15-10
52,900 bbl
- HAMLIN 18-30 A
59,352 bbl
- LESTER UNIT 27-34
57,732 bbl
- MOZETTI UNIT A 37-48
54,729 bbl
- YODA B 39-34
61,342 bbl
Spraberry (Trend Area) field
- RIO WICHITA 15-10 B
32,994 bbl
- RIO 27-15 D
60,517 bbl
- ERWIN-BETH 38A
66,741 bbl
- SAND SNAKES MIPA 1 UNIT
65,889 bbl
- RANCHLAND C UNIT
54,776 bbl
- KING FISHER UNIT 42-43
65,752 bbl
- HOWLIN WOLF A
68,267 bbl
- MABEE XE WEST 9-16 C
66,813 bbl
- COLE RANCH -35-
54,271 bbl
- YOSEF THE MOUNTAINEER 29-41 A
47,960 bbl
Leases within 10 km
- MIYAGI C 38-35
86,403 bbl · 0 km
- MIYAGI B 38-35
100,733 bbl · 0 km
- MIYAGI A 38-35
60,716 bbl · 0 km
- GLASS 38
0 bbl · 0.1 km
- TUBB A
18,524 bbl · 0.4 km
- THOMPSON 48
2,370 bbl · 0.5 km
- GLASS 47
40 mcf · 0.7 km
- GLASS 38D
4 bbl · 0.7 km
- GLASS 38C
1,886 mcf · 0.7 km
- GLASS 38E
8,660 bbl · 0.7 km
Drilling permits within 10 km
MIYAGI D 38-35 #1AH
new drill · horizontal · Surge Operating, LLC · Howard County · 1.3 km
Permit 0918977 · Oct 1, 2026
MIYAGI E 38-35 #2AH
new drill · horizontal · Surge Operating, LLC · Howard County · 1.3 km
Permit 0918979 · Oct 1, 2026
ROHL A #311H
new drill · horizontal · SM Energy Company · Howard County · 4.1 km
Permit 0917525 · Sep 18, 2026
PALPATINE B 46-03 #2DH
new drill · horizontal · Surge Operating, LLC · Howard County · 2.5 km
Permit 0918218 · Sep 4, 2026
PALPATINE A 46-03 #1DH
new drill · horizontal · Surge Operating, LLC · Howard County · 2.5 km
Permit 0918217 · Sep 2, 2026