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Texas oil lease

Producing

OLDHAM TRUST WEST

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

11 wells

213,747bbl oil, last 12 months−46% vs prior year
Operator
Surge Operating, LLC
County
Howard County
Field
Spraberry (Trend Area)
RRC lease
08-49790

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Where it sits

This county

Howard CountyHowardMitchellMartinScurryDawsonBordenHoward County
Howard County
Gas, last 12 months
1,298,262 mcf
Oil in Jul 2026
15,670 bbl

Checks stopped on this lease?

  • Buyer

    Buyer changed: ET GATHERING & PROCESSING LLC replaced ENTERPRISE M B MIDSTREAM LLC as the buyer of this lease's gas from oil wells on May 8, 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 46% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 46% over the last 12 monthsMonthly oil production and gas for OLDHAM TRUST WEST, Aug 2023 to Jul 2026. Oil output fell 46% over the last 12 months. 213,747 bbl in the 12 months through Jul 2026, against 395,933 bbl in the 12 months before.Last 12 months: 213,747 bblbbl per monthmcf per month0025k50k50k100k75k150k100k200k125k250kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 46% over the last 12 monthsMonthly oil production and gas for OLDHAM TRUST WEST, Aug 2023 to Jul 2026. Oil output fell 46% over the last 12 months. 213,747 bbl in the 12 months through Jul 2026, against 395,933 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month0025k50k50k100k75k150k100k200k125k250kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

97% of the gas went to a processing plant in the last 12 months

Flaring peaked at 57.3% of the gas in May 2024.

  • Processing plant (3)
  • Flared (4)
97% of the gas went to a processing plant in the last 12 monthsShare of OLDHAM TRUST WEST gas by disposition code each month, Aug 2023 to Jul 2026. 97% of the gas went to a processing plant in the last 12 months. Flaring peaked at 57.3% of the gas in May 2024.Share of the lease’s gas by disposition code, per month0%50%100%Flared 57.3%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
97% of the gas went to a processing plant in the last 12 monthsShare of OLDHAM TRUST WEST gas by disposition code each month, Aug 2023 to Jul 2026. 97% of the gas went to a processing plant in the last 12 months. Flaring peaked at 57.3% of the gas in May 2024.Share of gas by disposition code0%50%100%Flared 57.3%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    97% · 1,265,318 mcf

  • Flared (4)

    2.5% · 32,944 mcf

2.5% of the gas flared in the last 12 months. 24 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.

11 wells on this lease

Wells on OLDHAM TRUST WEST
API numberWell no.Status
42-227-391384051WAActive
42-227-394664058LSActive
42-227-394673871WAActive
42-227-417341SHActive
42-227-417352AHActive
42-227-421794AHActive
42-227-421804SHActive
42-227-421815AHActive
42-227-421825SHActive
42-227-421836AHActive
42-227-421905MHActive

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 gasBuys100May 8, 2026–
Energy Transfer CompanyCasinghead gasGathers100May 8, 2026–
Enterprise Products Operating LLCCasinghead gasGathers100Sep 6, 2024May 8, 2026
Enterprise M B Midstream LLCCasinghead gasBuys100Sep 6, 2024May 8, 2026
Dk Trading & Supply, LLCOilGathers100Sep 6, 2024May 8, 2026
Wtg Gas Processing, L.p.Casinghead gasGathers100Oct 16, 2017Sep 6, 2024
Wtg Gas Processing, L.p.Casinghead gasBuys100Oct 16, 2017Sep 6, 2024
Lion Oil Trading & Trans, LLCOilGathers100Oct 16, 2017Sep 6, 2024

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

Who buys my oilOil price check

1,002.38 acres on the newest permit

  • Good to know

    The wells on this lease state different acreage

    The permits state between 1,002.38 and 4,000 acres. Use the acres from your own division order for the well you are paid on.

  • Good to know

    11 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.

  • 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 Oldham Trust West
API numberWell no.Acreson the permit
42-227-421905MH1,002.38
42-227-421794AH1,002.38
42-227-421804SH1,002.38
42-227-421815AH1,002.38
42-227-421825SH1,002.38
42-227-421836AH1,002.38
42-227-417352AH1,002.38
42-227-417341SH1,002.38
42-227-394664058LS1,293.78
42-227-394673871WA4,000
42-227-391384051WA4,000

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

Unit decimal checker

Estimate your royalty

36 months, newest first

Ledger for OLDHAM TRUST WEST
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Surge Operating,15,67015,954107,74599,6278,118$80.46$2.89
Jun 2026Surge Operating,15,57515,524107,94296,88611,056$84.81$3.15
May 2026Surge Operating,17,07017,153112,386111,2261,160$102.13$2.94
Apr 2026Surge Operating,16,77016,734107,230106,2151,015$100.32$2.77
Mar 2026Surge Operating,17,08917,054105,197103,5201,677$91.38$3.04
Feb 2026Surge Operating,12,98813,14789,42788,897530$64.51$3.62
Jan 2026Surge Operating,16,85516,747106,449103,7562,693$60.04$7.72
Dec 2025Surge Operating,19,09719,007114,183111,2452,938$57.97$4.26
Nov 2025Surge Operating,16,98517,00986,75286,73814$60.06$3.79
Oct 2025Surge Operating,21,46521,460131,805130,7051,100$60.89$3.19
Sep 2025Surge Operating,21,23421,227123,892123,790102$63.96$2.97
Aug 2025Surge Operating,22,94922,973105,254102,7132,541$64.86$2.91
Jul 2025Surge Operating,27,39227,339131,650129,5832,067$68.39$3.20
Jun 2025Surge Operating,18,97318,982103,786101,2372,549$68.17$3.02
May 2025Surge Operating,26,37426,475129,848118,40511,443$62.17$3.12
Apr 2025Surge Operating,27,72627,697130,338123,9606,378$63.54$3.42
Mar 2025Surge Operating,30,03030,065135,903117,37018,533$68.24$4.12
Feb 2025Surge Operating,27,86227,842124,841103,20421,637$71.53$4.19
Jan 2025Surge Operating,33,42433,335145,316132,22213,094$75.74$4.13
Dec 2024Surge Operating,35,91435,890124,71593,48431,231$70.12$3.01
Nov 2024Surge Operating,36,84336,887164,213137,30326,910$69.95$2.12
Oct 2024Surge Operating,40,08740,088127,13187,93039,201$71.99$2.20
Sep 2024Surge Operating,43,03143,066134,12499,46134,663$70.24$2.28
Aug 2024Surge Operating,48,27748,275131,92696,88035,046$76.68$1.99
Jul 2024Surge Operating,53,07453,102126,18674,55751,629$81.80$2.07
Jun 2024Surge Operating,56,30456,347128,33072,54355,787$79.77$2.54
May 2024Surge Operating,65,37065,247138,54059,14179,399$80.02$2.12
Apr 2024Surge Operating,71,51171,580131,85563,59468,261$85.35$1.60
Mar 2024Surge Operating,85,35885,410143,86776,38267,485$81.28$1.49
Feb 2024Surge Operating,94,52594,740138,04268,74069,302$77.25$1.72
Jan 2024Surge Operating,103,676103,172163,330114,48248,848$74.15$3.18
Dec 2023Surge Operating,15,78315,76235,80032,0463,754$71.90$2.52
Nov 2023Surge Operating,5,7605,97113,84811,8731,975$77.69$2.71
Oct 2023Surge Operating,8,5608,46522,19212,07210,120$85.64$2.98
Sep 2023Surge Operating,19,81319,73451,27525,94625,329$89.43$2.64
Aug 2023Surge Operating,21,93221,97353,12637,67015,456$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)CountyHoward County

Surge Operating, LLC in Howard County

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Spraberry (Trend Area) field

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Drilling permits within 10 km