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Texas oil lease

Producing

UNICORN UNIT B 37-04

Unicorn Unit B 37-04 is an oil lease in Borden County, Texas, operated by Surge Operating, LLC in the Spraberry (Trend Area) field.

2 wells

7,337bbl oil, last 12 months−27% vs prior year
RRC lease
08-50916

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Where it sits

This county

Borden CountyBordenLynnGarzaKentScurryDawsonBorden County
Borden County
Gas, last 12 months
3,912 mcf
Oil in Jul 2026
907 bbl

Production by month

Oil output fell 27% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 27% over the last 12 monthsMonthly oil production and gas for UNICORN UNIT B 37-04, Aug 2023 to Jul 2026. Oil output fell 27% over the last 12 months. 7,337 bbl in the 12 months through Jul 2026, against 10,037 bbl in the 12 months before.Last 12 months: 7,337 bblbbl per monthmcf per month001,0001,0002,0002,0003,0003,0004,0004,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 27% over the last 12 monthsMonthly oil production and gas for UNICORN UNIT B 37-04, Aug 2023 to Jul 2026. Oil output fell 27% over the last 12 months. 7,337 bbl in the 12 months through Jul 2026, against 10,037 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month001,0001,0002,0002,0003,0003,0004,0004,000Jan 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 20.8% of the gas in Sep 2024.

  • Processing plant (3)
  • Flared (4)
99% of the gas went to a processing plant in the last 12 monthsShare of UNICORN UNIT B 37-04 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 20.8% of the gas in Sep 2024.Share of the lease’s gas by disposition code, per month0%50%100%Flared 20.8%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
99% of the gas went to a processing plant in the last 12 monthsShare of UNICORN UNIT B 37-04 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 20.8% of the gas in Sep 2024.Share of gas by disposition code0%50%100%Flared 20.8%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    99% · 3,892 mcf

  • Flared (4)

    0.5% · 20 mcf

0.5% of the gas flared in the last 12 months. 11 months above 3%.

2 wells on this lease

Wells on UNICORN UNIT B 37-04
API numberWell no.Status
42-033-324457AHActive
42-033-325298MHShut-in

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Targa Midland LLCOilGathers80Jun 21, 2018
Lion Oil Trading & Trans, LLCOilGathers20Jun 21, 2018
Targa Midland LLCCasinghead gasBuys100Jun 21, 2018
Targa Midland LLCCasinghead gasGathers100Jun 21, 2018

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

649.01 acres on the newest permit

  • Good to know

    The wells on this lease state different acreage

    The permits state between 160 and 649.01 acres. Use the acres from your own division order for the well you are paid on.

  • 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 Unicorn Unit B 37-04
API numberWell no.Acreson the permit
42-033-325298MH649.01
42-033-324457AH160

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

Estimate your royalty

36 months, newest first

Ledger for UNICORN UNIT B 37-04
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20269076684514510$80.46$2.89
Jun 2026073847113$84.81$3.15
May 20265436554514510$102.13$2.94
Apr 20265796364314310$100.32$2.77
Mar 20264465083633594$91.38$3.04
Feb 20266155522852850$64.51$3.62
Jan 20266577642402400$60.04$7.72
Dec 20257215732632630$57.97$4.26
Nov 20259318463283280$60.06$3.79
Oct 20257387033783780$60.89$3.19
Sep 20255635803173143$63.96$2.97
Aug 20256376193213210$64.86$2.91
Jul 20256106612972970$68.39$3.20
Jun 20254734811701673$68.17$3.02
May 20255095061471470$62.17$3.12
Apr 202530124224240$63.54$3.42
Mar 20255050000$68.24$4.12
Feb 2025115168000$71.53$4.19
Jan 20254103402432430$75.74$4.13
Dec 20242293034114110$70.12$3.01
Nov 20241,6661,7022,8972,356541$69.95$2.12
Oct 20241,9501,9163,3262,658668$71.99$2.20
Sep 20242,0061,9573,0932,449644$70.24$2.28
Aug 20241,7181,8382,9832,697286$76.68$1.99
Jul 20241,6001,5942,6562,478178$81.80$2.07
Jun 20242,2022,1642,1442,041103$79.77$2.54
May 20241,3981,3231,5491,51237$80.02$2.12
Apr 20241,0551,1331,3961,30492$85.35$1.60
Mar 20249979541,4521,43022$81.28$1.49
Feb 20242,2042,1932,5892,5890$77.25$1.72
Jan 20242,3642,4222,1912,17318$74.15$3.18
Dec 20232,5952,5552,9792,844135$71.90$2.52
Nov 20232,5842,6062,7622,70062$77.69$2.71
Oct 20231,7211,7011,2021,17230$85.64$2.98
Sep 20231,3571,2961,1841,082102$89.43$2.64
Aug 20231,1631,1911,4911,383108$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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