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Texas oil lease

Producing

STANLEY UNIT 48-01

Stanley Unit 48-01 is an oil lease in Howard County, Texas, operated by Surge Operating, LLC in the Spraberry (Trend Area) field.

13 wells

128,137bbl oil, last 12 months−31% vs prior year
RRC lease
08-48736

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Where it sits

This county

Howard CountyHowardMitchellMartinScurryDawsonBordenHoward County
Howard County
Gas, last 12 months
1,080,991 mcf
Oil in Jul 2026
8,286 bbl

Production by month

Oil output fell 31% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 31% over the last 12 monthsMonthly oil production and gas for STANLEY UNIT 48-01, Aug 2023 to Jul 2026. Oil output fell 31% over the last 12 months. 128,137 bbl in the 12 months through Jul 2026, against 185,474 bbl in the 12 months before.Last 12 months: 128,137 bblbbl per monthmcf per month0010k25k20k50k30k75k40k100k50k125kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 31% over the last 12 monthsMonthly oil production and gas for STANLEY UNIT 48-01, Aug 2023 to Jul 2026. Oil output fell 31% over the last 12 months. 128,137 bbl in the 12 months through Jul 2026, against 185,474 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month0010k25k20k50k30k75k40k100k50k125kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

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

  • Processing plant (3)
  • Flared (4)
Over 99% of the gas went to a processing plant in the last 12 monthsShare of STANLEY UNIT 48-01 gas by disposition code each month, Aug 2023 to Jul 2026. Over 99% of the gas went to a processing plant in the last 12 months.Share of the lease’s gas by disposition code, per month0%50%100%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Over 99% of the gas went to a processing plant in the last 12 monthsShare of STANLEY UNIT 48-01 gas by disposition code each month, Aug 2023 to Jul 2026. Over 99% of the gas went to a processing plant in the last 12 months.Share of gas by disposition code0%50%100%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    100% · 1,077,055 mcf

  • Flared (4)

    0.4% · 3,936 mcf

0.4% of the gas flared in the last 12 months. No month above 3%.

13 wells on this lease

Wells on STANLEY UNIT 48-01
API numberWell no.Status
42-227-389178AHActive
42-227-390608BHActive
42-227-391967AHActive
42-227-395168SHActive
42-227-396976AHActive
42-227-398891AHActive
42-227-398901SHActive
42-227-398912AHActive
42-227-398922SHActive
42-227-398933AHActive
42-227-404445AHActive
42-227-404533SHActive
42-227-406075SHActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Targa Midland LLCOilGathers95Oct 10, 2025–
Dk Trading & Supply, LLCOilGathers5Oct 10, 2025–
Targa Midland LLCCasinghead gasBuys100Oct 10, 2025–
Targa Midland LLCCasinghead gasGathers100Oct 10, 2025–
Wtg Gas Processing, L.p.Casinghead gasGathers100Jan 22, 2017Oct 10, 2025
Wtg Gas Processing, L.p.Casinghead gasBuys100Jan 22, 2017Oct 10, 2025
Lion Oil Trading & Trans, LLCOilGathers50Jan 22, 2017Oct 10, 2025
Targa Midland LLCOilGathers50Jan 22, 2017Oct 10, 2025

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

884.09 acres on the newest permit

13 wells are listed on this lease

Permits for Stanley Unit 48-01
API numberWell no.Acreson the permit
42-227-404533SH884.09
42-227-398922SH884.09
42-227-398933AH884.09
42-227-406075SH884.09
42-227-404445AH884.09
42-227-398891AH884.09
42-227-398901SH884.08
42-227-398912AH884.09
42-227-396976AH884.09
42-227-395168SH884.18
42-227-391967AH884.18
42-227-390608BH884.18

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

Estimate your royalty

36 months, newest first

Ledger for STANLEY UNIT 48-01
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20268,2868,17789,91688,7751,141$80.46$2.89
Jun 202610,0349,84994,24994,2490$84.81$3.15
May 20269,8719,86172,86670,9321,934$102.13$2.94
Apr 20269,8209,89091,18491,15430$100.32$2.77
Mar 202612,05212,11199,72999,7290$91.38$3.04
Feb 20269,2339,77679,70279,7020$64.51$3.62
Jan 202610,3799,82587,57387,5730$60.04$7.72
Dec 202510,64910,83889,24189,2410$57.97$4.26
Nov 202511,06711,06591,08191,0810$60.06$3.79
Oct 202511,86311,75995,55194,921630$60.89$3.19
Sep 202511,97411,76992,84492,8440$63.96$2.97
Aug 202512,90913,00697,05596,854201$64.86$2.91
Jul 202513,38713,27697,35096,430920$68.39$3.20
Jun 202513,09113,24092,41692,088328$68.17$3.02
May 202513,84813,84196,23295,0481,184$62.17$3.12
Apr 202514,02913,87193,12392,444679$63.54$3.42
Mar 202516,35116,45699,15298,373779$68.24$4.12
Feb 202516,49116,43887,15486,854300$71.53$4.19
Jan 202517,01917,00289,93989,87960$75.74$4.13
Dec 202417,86117,78391,08190,531550$70.12$3.01
Nov 202418,37318,87391,19890,339859$69.95$2.12
Oct 202417,63017,26287,65387,472181$71.99$2.20
Sep 202413,50413,53973,75673,7560$70.24$2.28
Aug 202413,89013,77976,10276,1020$76.68$1.99
Jul 202415,16515,15879,65479,6540$81.80$2.07
Jun 202418,15618,21786,41586,4150$79.77$2.54
May 202420,75520,86494,40894,4080$80.02$2.12
Apr 202418,04817,99481,78581,7850$85.35$1.60
Mar 202423,08023,60394,46894,4680$81.28$1.49
Feb 202421,21421,43487,25887,157101$77.25$1.72
Jan 202422,02521,28090,85190,8510$74.15$3.18
Dec 202325,54825,60099,24599,19847$71.90$2.52
Nov 202326,55026,563100,202100,2020$77.69$2.71
Oct 202328,53728,505102,549100,2192,330$85.64$2.98
Sep 202328,08728,15598,08498,0840$89.43$2.64
Aug 202326,80726,70995,61195,6110$81.39$2.58

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Sep 28, 2026.

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