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Texas oil lease

Producing

OLDHAM TRUST EAST

Oldham Trust East is an oil lease in Howard County, Texas, operated by Surge Operating, LLC in the Spraberry (Trend Area) field.

7 wells

252,853bbl oil, last 12 months−43% vs prior year
RRC lease
08-51706

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Where it sits

This county

Howard CountyHowardMitchellMartinScurryDawsonBordenHoward County
Howard County
Gas, last 12 months
905,487 mcf
Oil in Jul 2026
17,787 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 1, 2026.

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

See why checks stop on this lease

Production by month

Oil output fell 43% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 43% over the last 12 monthsMonthly oil production and gas for OLDHAM TRUST EAST, Aug 2023 to Jul 2026. Oil output fell 43% over the last 12 months. 252,853 bbl in the 12 months through Jul 2026, against 445,302 bbl in the 12 months before.Last 12 months: 252,853 bblbbl per monthmcf per month0025k25k50k50k75k75k100k100kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 43% over the last 12 monthsMonthly oil production and gas for OLDHAM TRUST EAST, Aug 2023 to Jul 2026. Oil output fell 43% over the last 12 months. 252,853 bbl in the 12 months through Jul 2026, against 445,302 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month0025k25k50k50k75k75k100k100kJan 24JulJan 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 64.5% of the gas in Oct 2024.

  • Processing plant (3)
  • Lease fuel (1)
  • Flared (4)
99% of the gas went to a processing plant in the last 12 monthsShare of OLDHAM TRUST EAST gas by disposition code each month, Aug 2023 to Jul 2026. 99% of the gas went to a processing plant in the last 12 months. Flaring peaked at 64.5% of the gas in Oct 2024.Share of the lease’s gas by disposition code, per month0%50%100%Flared 64.5%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
99% of the gas went to a processing plant in the last 12 monthsShare of OLDHAM TRUST EAST gas by disposition code each month, Aug 2023 to Jul 2026. 99% of the gas went to a processing plant in the last 12 months. Flaring peaked at 64.5% of the gas in Oct 2024.Share of gas by disposition code0%50%100%Flared 64.5%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    99% · 895,677 mcf

  • Flared (4)

    1.1% · 9,810 mcf

1.1% of the gas flared in the last 12 months. 14 months above 3%.

Who has run this lease

The operator changed once, most recently in Jan 2021

Operators of this lease over timeGrenadier Energy Partners Ii,llc, Jan 2020 to Dec 2020; Surge Operating, LLC, Jan 2021 to Jul 20262020202120222023202420252026Changed Jan 2021Grenadier Energy Partners Ii,…Jan 2020 to Dec 2020Surge Operating, LLCJan 2021 to now
Operators of this lease over timeGrenadier Energy Partners Ii,llc, Jan 2020 to Dec 2020; Surge Operating, LLC, Jan 2021 to Jul 20262020202120222023202420252026Changed Jan 2021Grenadier Energy Partners Ii,llcJan 2020 to Dec 2020Surge Operating, LLCJan 2021 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

7 wells on this lease

Wells on OLDHAM TRUST EAST
API numberWell no.Status
42-227-399213875LSActive
42-227-399223876WAActive
42-227-423271SHActive
42-227-423282AHActive
42-227-423323AHActive
42-227-423333SHActive
42-227-423344AHActive

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 gasGathers100Oct 10, 2025–
Dk Trading & Supply, LLCOilGathers100Oct 10, 2025May 8, 2026
Etc Gas Processing, LLCCasinghead gasBuys100Oct 14, 2025Mar 1, 2026
Energy Transfer Marketing & TermCasinghead gasBuys100Oct 10, 2025Oct 14, 2025
Wtg Gas Processing, L.p.Casinghead gasGathers100Jun 1, 2019Oct 10, 2025
Wtg Gas Processing, L.p.Casinghead gasBuys100Jun 1, 2019Oct 10, 2025
Lion Oil Trading & Trans, LLCOilGathers100Jun 1, 2019Oct 10, 2025

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

970.64 acres on the newest permit

  • Good to know

    The wells on this lease state different acreage

    The permits state between 970.64 and 4,000 acres. Use the acres from your own division order for the well you are paid on.

  • Good to know

    8 wells are listed on this lease

    Each well can have its own unit. The decimal for one well does not have to equal the decimal for another.

Check your decimal on this lease
Permits for Oldham Trust East
API numberWell no.Acreson the permit
42-227-423271SH970.64
42-227-423282AH970.64
42-227-423323AH970.64
42-227-423333SH970.64
42-227-423344AH970.64
42-227-399213875LS3,920
42-227-399223876WA3,920
42-227-394673871WA4,000

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

Estimate your royalty

36 months, newest first

Ledger for OLDHAM TRUST EAST
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Surge Operating,17,78718,03178,76477,7191,045$80.46$2.89
Jun 2026Surge Operating,18,59518,49477,64576,5701,075$84.81$3.15
May 2026Surge Operating,18,73018,82675,54574,3371,208$102.13$2.94
Apr 2026Surge Operating,20,22920,21576,78674,8691,917$100.32$2.77
Mar 2026Surge Operating,21,51421,67879,31079,190120$91.38$3.04
Feb 2026Surge Operating,19,65819,58364,38364,28796$64.51$3.62
Jan 2026Surge Operating,17,14017,08561,32461,22896$60.04$7.72
Dec 2025Surge Operating,23,07923,16978,26778,2670$57.97$4.26
Nov 2025Surge Operating,21,24821,19772,82472,8240$60.06$3.79
Oct 2025Surge Operating,24,96725,10982,24178,0534,188$60.89$3.19
Sep 2025Surge Operating,24,02423,91677,66077,6600$63.96$2.97
Aug 2025Surge Operating,25,88225,72680,73880,67365$64.86$2.91
Jul 2025Surge Operating,27,55827,56981,07181,03932$68.39$3.20
Jun 2025Surge Operating,28,90629,12179,91579,85758$68.17$3.02
May 2025Surge Operating,33,15033,11287,04286,886156$62.17$3.12
Apr 2025Surge Operating,34,72834,56682,53481,783462$63.54$3.42
Mar 2025Surge Operating,34,13134,25077,16967,5209,267$68.24$4.12
Feb 2025Surge Operating,34,58134,98368,59867,762387$71.53$4.19
Jan 2025Surge Operating,38,02137,56372,16771,234584$75.74$4.13
Dec 2024Surge Operating,41,11241,16570,71569,914659$70.12$3.01
Nov 2024Surge Operating,35,45035,60255,89753,6542,243$69.95$2.12
Oct 2024Surge Operating,23,94324,01434,30312,18222,121$71.99$2.20
Sep 2024Surge Operating,48,02048,52762,71062,65951$70.24$2.28
Aug 2024Surge Operating,65,70265,12076,62674,4952,131$76.68$1.99
Jul 2024Surge Operating,85,83185,81270,17170,1710$81.80$2.07
Jun 2024Surge Operating,91,23791,27545,09242,7522,340$79.77$2.54
May 2024Surge Operating,5,2104,9281,9778691,108$80.02$2.12
Apr 2024Surge Operating,2929000$85.35$1.60
Mar 2024Surge Operating,5,8305,81919,00117,7751,226$81.28$1.49
Feb 2024Surge Operating,8,4288,44325,29223,6581,634$77.25$1.72
Jan 2024Surge Operating,8,6538,59825,60624,663943$74.15$3.18
Dec 2023Surge Operating,9,4249,46628,20725,9162,291$71.90$2.52
Nov 2023Surge Operating,9,3769,35628,55421,7886,766$77.69$2.71
Oct 2023Surge Operating,9,6619,68727,53416,83310,701$85.64$2.98
Sep 2023Surge Operating,9,8659,82727,56723,5234,044$89.43$2.64
Aug 2023Surge Operating,9,7309,78429,69926,9912,708$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

Spraberry (Trend Area) field

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