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Producing

SLEDGE-NEWTON 07-43

Sledge-Newton 07-43 is an oil lease in Howard County, Texas, operated by Surge Operating, LLC in the Spraberry (Trend Area) field.

1 well

86,193bbl oil, last 12 months
Operator
Surge Operating, LLC
County
Howard County
Field
Spraberry (Trend Area)
RRC lease
08-62593

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Where it sits

This county

Howard CountyHowardMitchellMartinScurryDawsonBordenHoward County
Howard County
Gas, last 12 months
302,026 mcf
Oil in Jul 2026
5,628 bbl

Production by month

Oil output fell 62% since Nov 2024

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 62% since Nov 2024Monthly oil production and gas for SLEDGE-NEWTON 07-43, Nov 2024 to Jul 2026. Oil output fell 62% since Nov 2024. Monthly average of 5,879 bbl in the latest 3 months, against 15,292 bbl in the first 3.Last 12 months: 86,193 bblbbl per monthmcf per month005,00010k10k20k15k30k20k40k25k50kJan 25AprJulOctJan 26AprJul
Oil output fell 62% since Nov 2024Monthly oil production and gas for SLEDGE-NEWTON 07-43, Nov 2024 to Jul 2026. Oil output fell 62% since Nov 2024. Monthly average of 5,879 bbl in the latest 3 months, against 15,292 bbl in the first 3.Last 12 monthsbbl per monthmcf per month005,00010k10k20k15k30k20k40k25k50kJan 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 7.5% of the gas in May 2025.

  • Processing plant (3)
  • Flared (4)
99% of the gas went to a processing plant in the last 12 monthsShare of SLEDGE-NEWTON 07-43 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 7.5% of the gas in May 2025.Share of the lease’s gas by disposition code, per month0%50%100%Flared 7.5%Jan 25AprJulOctJan 26AprJul
99% of the gas went to a processing plant in the last 12 monthsShare of SLEDGE-NEWTON 07-43 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 7.5% of the gas in May 2025.Share of gas by disposition code0%50%100%Flared 7.5%Jan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    99% · 300,459 mcf

  • Flared (4)

    0.5% · 1,567 mcf

0.5% of the gas flared in the last 12 months. One month above 3%.

1 well on this lease

Wells on SLEDGE-NEWTON 07-43
API numberWell no.Status
42-227-424505MHActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Targa Midland LLCOilGathers95Nov 1, 2024
Dk Trading & Supply, LLCOilGathers5Nov 1, 2024
Targa Midland LLCCasinghead gasBuys100Nov 1, 2024
Targa Midland LLCCasinghead gasGathers100Nov 1, 2024

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

Who buys my oilOil price check

1,698.59 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.

  • 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 Sledge-Newton 07-43
API numberWell no.Acreson the permit
42-227-424505MH1,698.59

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

Unit decimal checker

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21 months, newest first

Ledger for SLEDGE-NEWTON 07-43
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20265,6285,62523,59423,56529$80.46$2.89
Jun 20265,8035,80522,33422,26470$84.81$3.15
May 20266,2056,19926,93126,85675$102.13$2.94
Apr 20266,2696,28023,94023,812128$100.32$2.77
Mar 20266,6806,70324,31523,820495$91.38$3.04
Feb 20266,2196,32221,52621,45274$64.51$3.62
Jan 20267,3437,21924,57724,314263$60.04$7.72
Dec 20257,4637,47324,13124,10229$57.97$4.26
Nov 20257,7597,74525,69225,66131$60.06$3.79
Oct 20258,1248,16227,18527,15035$60.89$3.19
Sep 20258,8288,80327,87127,694177$63.96$2.97
Aug 20259,8729,86029,93029,769161$64.86$2.91
Jul 202510,91610,92131,39630,894502$68.39$3.20
Jun 202511,68611,68330,41829,645773$68.17$3.02
May 202511,96211,95228,26426,1382,126$62.17$3.12
Apr 202513,59513,61028,46227,982480$63.54$3.42
Mar 202513,76213,75926,35326,152201$68.24$4.12
Feb 202514,33014,32923,67823,482196$71.53$4.19
Jan 202514,94115,00517,30917,192117$75.74$4.13
Dec 202420,34120,27016,71816,65959$70.12$3.01
Nov 202410,59510,5256,4106,4082$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.

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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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