SFH UNIT B 23-26
SFH UNIT B 23-26 is a Texas oil lease in Howard County, Railroad Commission district 08, operated by Surge Operating, LLC. It has 7 wellbores on file with the Commission. Reported production runs from October 2018 to August 2026, totalling 1,580,485 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 $19.2M, with roughly $4.5M 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 5,563 barrels a month, about 795 per wellbore. Its strongest month on the record we hold was December 2019, at 100,940 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 SFH UNIT B 23-26
- Who operates SFH UNIT B 23-26?
- SFH UNIT B 23-26 is operated by Surge Operating, LLC, Railroad Commission of Texas operator number 760725.
- Where is SFH UNIT B 23-26?
- SFH UNIT B 23-26 is a Texas oil lease in Howard County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 51977.
- Is SFH UNIT B 23-26 still producing?
- SFH UNIT B 23-26 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SFH UNIT B 23-26 is August 2026.
- How much has SFH UNIT B 23-26 produced?
- SFH UNIT B 23-26 has reported 1,580,485 barrels of oil (bbl) to the Railroad Commission of Texas between October 2018 and August 2026, from 7 wellbores.
- How much is SFH UNIT B 23-26 worth?
- The remaining production from SFH UNIT B 23-26 is estimated to be worth about $19.2M in total as of 27 August 2026, within a range of $15.9M to $22.4M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SFH UNIT B 23-26 is a fraction of it. The estimate fits an Arps decline curve to the production SFH UNIT B 23-26 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SFH UNIT B 23-26 is an estimate of value, not an offer and not an appraisal.
- How much income does SFH UNIT B 23-26 generate in a year?
- SFH UNIT B 23-26 is forecast to net about $4.5M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in SFH UNIT B 23-26 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 | 51977 |
| Wellbores | 7 |
| Reported production | 1,580,485 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $19.2M |
Where SFH UNIT B 23-26 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.