NEWDGE 06-43
NEWDGE 06-43 is a Texas oil lease in Howard County, Railroad Commission district 08, operated by Surge Operating, LLC. It has 1 wellbore on file with the Commission. Reported production runs from November 2018 to August 2026, totalling 428,826 barrels. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values the whole lease — a 100% undivided interest — at about $4.8M, with roughly $1.1M expected over the next twelve months. An individual royalty owner receives their own decimal interest times that figure. Over the last twelve months on file it averaged 1,522 barrels a month. Its strongest month on the record we hold was December 2018, at 32,702 barrels. In our own backtest, leases producing at this rate are forecast to within about 17% of what they went on to produce, and that measured error is the range shown on the page rather than a confidence of our own devising.
Key facts about NEWDGE 06-43
- Who operates NEWDGE 06-43?
- NEWDGE 06-43 is operated by Surge Operating, LLC, Railroad Commission of Texas operator number 760725.
- Where is NEWDGE 06-43?
- NEWDGE 06-43 is a Texas oil lease in Howard County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 51700.
- Is NEWDGE 06-43 still producing?
- NEWDGE 06-43 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for NEWDGE 06-43 is August 2026.
- How much has NEWDGE 06-43 produced?
- NEWDGE 06-43 has reported 428,826 barrels of oil (bbl) to the Railroad Commission of Texas between November 2018 and August 2026, from 1 wellbore.
- How much is NEWDGE 06-43 worth?
- The remaining production from NEWDGE 06-43 is estimated to be worth about $4.8M in total as of 27 August 2026, within a range of $4.0M to $5.7M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in NEWDGE 06-43 is a fraction of it. The estimate fits an Arps decline curve to the production NEWDGE 06-43 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for NEWDGE 06-43 is an estimate of value, not an offer and not an appraisal.
- How much income does NEWDGE 06-43 generate in a year?
- NEWDGE 06-43 is forecast to net about $1.1M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in NEWDGE 06-43 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Surge Operating, LLC |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Howard County, Texas |
| RRC district | 08 |
| Lease number | 51700 |
| Wellbores | 1 |
| Reported production | 428,826 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $4.8M |
Where NEWDGE 06-43 sits
Source: Railroad Commission of Texas lease production records, complete through . Figures on this page were computed on .
Production figures are as reported to the Railroad Commission of Texas. The value shown is an estimate produced by fitting a decline curve to that reported history; it is not an offer or an appraisal. How this estimate is calculated.