Skip to content
Royalty Clerk

Texas oil lease

Producing

GRAYSTONE UNIT 39-26

Graystone Unit 39-26 is an oil lease in Howard County, Texas, operated by Surge Operating, LLC in the Spraberry (Trend Area) field.

6 wells

293,386bbl oil, last 12 months
Operator
Surge Operating, LLC
County
Howard County
Field
Spraberry (Trend Area)
RRC lease
08-62685

Is your check right?

Check my statement

Where it sits

This county

Howard CountyHowardMitchellMartinScurryDawsonBordenHoward County
Howard County
Gas, last 12 months
1,027,465 mcf
Oil in Jul 2026
16,404 bbl

Production by month

Oil output fell 82% since Nov 2024

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 82% since Nov 2024Monthly oil production and gas for GRAYSTONE UNIT 39-26, Nov 2024 to Jul 2026. Oil output fell 82% since Nov 2024. Monthly average of 17,487 bbl in the latest 3 months, against 94,750 bbl in the first 3.Last 12 months: 293,386 bblbbl per monthmcf per month0050k25k100k50k150k75k200k100k250k125kJan 25AprJulOctJan 26AprJul
Oil output fell 82% since Nov 2024Monthly oil production and gas for GRAYSTONE UNIT 39-26, Nov 2024 to Jul 2026. Oil output fell 82% since Nov 2024. Monthly average of 17,487 bbl in the latest 3 months, against 94,750 bbl in the first 3.Last 12 monthsbbl per monthmcf per month0050k25k100k50k150k75k200k100k250k125kJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

99% of the gas went to a processing plant in the last 12 months

Flaring peaked at 15.4% of the gas in Mar 2025.

  • Processing plant (3)
  • Lease fuel (1)
  • Flared (4)
99% of the gas went to a processing plant in the last 12 monthsShare of GRAYSTONE UNIT 39-26 gas by disposition code each month, Nov 2024 to Jul 2026. 99% of the gas went to a processing plant in the last 12 months. Flaring peaked at 15.4% of the gas in Mar 2025.Share of the lease’s gas by disposition code, per month0%50%100%Flared 15.4%Jan 25AprJulOctJan 26AprJul
99% of the gas went to a processing plant in the last 12 monthsShare of GRAYSTONE UNIT 39-26 gas by disposition code each month, Nov 2024 to Jul 2026. 99% of the gas went to a processing plant in the last 12 months. Flaring peaked at 15.4% of the gas in Mar 2025.Share of gas by disposition code0%50%100%Flared 15.4%Jan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    99% · 1,014,203 mcf

  • Flared (4)

    1.3% · 13,262 mcf

1.3% of the gas flared in the last 12 months. 4 months above 3%.

6 wells on this lease

Wells on GRAYSTONE UNIT 39-26
API numberWell no.Status
42-227-424815AHActive
42-227-424825SHActive
42-227-424836AHActive
42-227-424846SHActive
42-227-424854AHActive
42-227-424864SHActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Delek Crude Logistics, LLCOilGathers95May 8, 2026–
Dk Trading & Supply, LLCOilGathers5May 8, 2026–
Et Gathering & Processing LLCCasinghead gasBuys100Mar 1, 2026–
Energy Transfer CompanyCasinghead gasGathers100Nov 6, 2024–
Dk Trading & Supply, LLCOilGathers100Nov 6, 2024May 8, 2026
Etc Gas Processing, LLCCasinghead gasBuys100Nov 6, 2024Mar 1, 2026

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

Who buys my oilOil price check

643.61 acres on the newest permit

Permits for Graystone Unit 39-26
API numberWell no.Acreson the permit
42-227-424815AH643.61
42-227-424825SH643.61
42-227-424836AH643.61
42-227-424846SH643.61
42-227-424854AH643.61
42-227-424864SH643.61

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

Unit decimal checker

Estimate your royalty

21 months, newest first

Ledger for GRAYSTONE UNIT 39-26
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 202616,40416,41073,36971,9631,406$80.46$2.89
Jun 202616,73416,72873,29272,405887$84.81$3.15
May 202619,32219,25479,89778,3061,591$102.13$2.94
Apr 202619,71919,82379,32576,7352,590$100.32$2.77
Mar 202622,19522,24286,13185,946185$91.38$3.04
Feb 202622,38022,41278,95278,774178$64.51$3.62
Jan 202622,60322,47283,14682,968178$60.04$7.72
Dec 202526,45526,59291,89191,8910$57.97$4.26
Nov 202527,65627,60791,17491,1740$60.06$3.79
Oct 202530,71530,83195,34389,1976,146$60.89$3.19
Sep 202532,45932,34995,54995,5490$63.96$2.97
Aug 202536,74436,72699,39699,295101$64.86$2.91
Jul 202540,13540,090101,410101,36248$68.39$3.20
Jun 202541,37641,57994,07794,00374$68.17$3.02
May 202547,99047,88798,58898,359229$62.17$3.12
Apr 202553,54953,475100,23799,112694$63.54$3.42
Mar 202565,46265,505107,00190,02716,444$68.24$4.12
Feb 202569,02769,03295,18794,157560$71.53$4.19
Jan 2025101,096101,117108,894107,8101,031$75.74$4.13
Dec 2024133,027132,98476,27175,446825$70.12$3.01
Nov 202450,12849,92725,34624,409937$69.95$2.12

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

Do your checks match this lease?

Check my statement

Nearby

This lease belongs to

OperatorSurge Operating, LLCFieldSpraberry (Trend Area)CountyHoward County

Surge Operating, LLC in Howard County

All Surge Operating, LLC leases →

Spraberry (Trend Area) field

All leases in this field →

Leases within 10 km

Drilling permits within 10 km