Skip to content
Royalty Clerk

Texas oil lease

Producing

REAGAN CSL 297-20

Reagan CSL 297-20 is an oil lease in Gaines County, Texas, operated by Surge Operating, LLC in the Spraberry (Trend Area) field.

1 well

9,900bbl oil, last 12 months+31% vs prior year
Operator
Surge Operating, LLC
County
Gaines County
Field
Spraberry (Trend Area)
RRC lease
08-49558

Is your check right?

Check my statement

Where it sits

This county

Gaines CountyGainesYoakumDawsonTerryGaines County
Gaines County
Gas, last 12 months
5,511 mcf
Oil in Jul 2026
805 bbl

Production by month

Oil output rose 31% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output rose 31% over the last 12 monthsMonthly oil production and gas for REAGAN CSL 297-20, Aug 2023 to Jul 2026. Oil output rose 31% over the last 12 months. 9,900 bbl in the 12 months through Jul 2026, against 7,568 bbl in the 12 months before.Last 12 months: 9,900 bblbbl per monthmcf per month005002001,0004001,5006002,0008002,5001,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output rose 31% over the last 12 monthsMonthly oil production and gas for REAGAN CSL 297-20, Aug 2023 to Jul 2026. Oil output rose 31% over the last 12 months. 9,900 bbl in the 12 months through Jul 2026, against 7,568 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month005002001,0004001,5006002,0008002,5001,000Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

All of the gas went to flaring in the last 12 months

Flaring peaked at 100.0% of the gas in Aug 2023.

  • Lease fuel (1)
  • Flared (4)
All of the gas went to flaring in the last 12 monthsShare of REAGAN CSL 297-20 gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to flaring in the last 12 months. Flaring peaked at 100.0% of the gas in Aug 2023.Share of the lease’s gas by disposition code, per month0%50%100%Flared 100.0%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
All of the gas went to flaring in the last 12 monthsShare of REAGAN CSL 297-20 gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to flaring in the last 12 months. Flaring peaked at 100.0% of the gas in Aug 2023.Share of gas by disposition code0%50%100%Flared 100.0%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Flared (4)

    100% · 6,081 mcf

  • Lease fuel (1)

    0.0% · 2 mcf

100.0% of the gas flared in the last 12 months. 27 months above 3%.

Who has run this lease

The operator changed 2 times, most recently in Sep 2022

Operators of this lease over timeThompson, J. Cleo, Jan 2020 to Mar 2020; EOG Resources, Inc., Apr 2020 to Aug 2022; Surge Operating, LLC, Sep 2022 to Jul 20262020202120222023202420252026Changed Apr 2020Changed Sep 2022Thompson, J. CleoJan 2020 to Mar 2020EOG Resources, Inc.Apr 2020 to Aug 2022Surge Operating, LLCSep 2022 to now
Operators of this lease over timeThompson, J. Cleo, Jan 2020 to Mar 2020; EOG Resources, Inc., Apr 2020 to Aug 2022; Surge Operating, LLC, Sep 2022 to Jul 20262020202120222023202420252026Changed Apr 2020Changed Sep 2022Thompson, J. CleoJan 2020 to Mar 2020EOG Resources, Inc.Apr 2020 to Aug 2022Surge Operating, LLCSep 2022 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on REAGAN CSL 297-20
API numberWell no.Status
42-165-384201HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Dorado Oil CompanyOilGathers100Feb 1, 2026–
Energy Transfer CompanyCasinghead gasGathers100Aug 1, 2024Feb 1, 2026
Etc North Permian Midstream LLCCasinghead gasBuys100Aug 1, 2024Feb 1, 2026
Plains Marketing, L.p.OilGathers100Aug 1, 2024Feb 1, 2026
Wtg North Permian Midstream LLCCasinghead gasGathers100May 1, 2022Aug 1, 2024
Wtg North Permian Midstream LLCCasinghead gasBuys100May 1, 2022Aug 1, 2024
Eog Resources Marketing LLCOilGathers50Mar 1, 2021Aug 1, 2024

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

Who buys my oilOil price check

619.92 acres on the newest permit

Check your decimal on this lease
Permits for Reagan CSL 297-20
API numberWell no.Acreson the permit
42-165-384201H619.92

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

Unit decimal checker

Estimate your royalty

36 months, newest first

Ledger for REAGAN CSL 297-20
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Surge Operating,8057547860786$80.46$2.89
Jun 2026Surge Operating,7958736720672$84.81$3.15
May 2026Surge Operating,909758000$102.13$2.94
Apr 2026Surge Operating,9451,1247560756$100.32$2.77
Mar 2026Surge Operating,1,1651,0648900890$91.38$3.04
Feb 2026Surge Operating,9041,3752200220$64.51$3.62
Jan 2026Surge Operating,3430000$60.04$7.72
Dec 2025Surge Operating,40647998098$57.97$4.26
Nov 2025Surge Operating,8848974070407$60.06$3.79
Oct 2025Surge Operating,6217173900390$60.89$3.19
Sep 2025Surge Operating,9471,1786360636$63.96$2.97
Aug 2025Surge Operating,1,1767096560654$64.86$2.91
Jul 2025Surge Operating,1,0041,2463970397$68.39$3.20
Jun 2025Surge Operating,2,0121,9471750175$68.17$3.02
May 2025Surge Operating,00000$62.17$3.12
Apr 2025Surge Operating,2820000$63.54$3.42
Mar 2025Surge Operating,0174000$68.24$4.12
Feb 2025Surge Operating,0176000$71.53$4.19
Jan 2025Surge Operating,157723000$75.74$4.13
Dec 2024Surge Operating,94918122022$70.12$3.01
Nov 2024Surge Operating,81490522022$69.95$2.12
Oct 2024Surge Operating,68871515015$71.99$2.20
Sep 2024Surge Operating,1,08888916016$70.24$2.28
Aug 2024Surge Operating,574719808$76.68$1.99
Jul 2024Surge Operating,1,0941,01413013$81.80$2.07
Jun 2024Surge Operating,9061,24114014$79.77$2.54
May 2024Surge Operating,1,21089623023$80.02$2.12
Apr 2024Surge Operating,2291,588000$85.35$1.60
Mar 2024Surge Operating,1,452016016$81.28$1.49
Feb 2024Surge Operating,00000$77.25$1.72
Jan 2024Surge Operating,200182606$74.15$3.18
Dec 2023Surge Operating,57569741041$71.90$2.52
Nov 2023Surge Operating,65272033033$77.69$2.71
Oct 2023Surge Operating,65253971071$85.64$2.98
Sep 2023Surge Operating,46035878078$89.43$2.64
Aug 2023Surge Operating,8578941570157$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.

How to check your stub against this lease Checks stopped on this lease? See the likely reasons

Do your checks match this lease?

Check my statement

Nearby

This lease belongs to

OperatorSurge Operating, LLCFieldSpraberry (Trend Area)CountyGaines County

Surge Operating, LLC in Gaines County

All Surge Operating, LLC leases →

Spraberry (Trend Area) field

All leases in this field →

Leases within 10 km

Drilling permits within 10 km