ALLRED UNIT A 08-05
ALLRED UNIT A 08-05 is a Texas oil lease in Howard County, Railroad Commission district 08, operated by Surge Operating, LLC. It has 14 wellbores on file with the Commission. Reported production runs from October 2016 to August 2026, totalling 4,251,258 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 $23.2M, with roughly $8.7M 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 11,946 barrels a month, about 853 per wellbore. Its strongest month on the record we hold was July 2019, at 181,574 barrels. In our own backtest, leases producing at this rate are forecast to within about 18% 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 ALLRED UNIT A 08-05
- Who operates ALLRED UNIT A 08-05?
- ALLRED UNIT A 08-05 is operated by Surge Operating, LLC, Railroad Commission of Texas operator number 760725.
- Where is ALLRED UNIT A 08-05?
- ALLRED UNIT A 08-05 is a Texas oil lease in Howard County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 48847.
- Is ALLRED UNIT A 08-05 still producing?
- ALLRED UNIT A 08-05 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for ALLRED UNIT A 08-05 is August 2026.
- How much has ALLRED UNIT A 08-05 produced?
- ALLRED UNIT A 08-05 has reported 4,251,258 barrels of oil (bbl) to the Railroad Commission of Texas between October 2016 and August 2026, from 14 wellbores.
- How much is ALLRED UNIT A 08-05 worth?
- The remaining production from ALLRED UNIT A 08-05 is estimated to be worth about $23.2M in total as of 26 August 2026, within a range of $19.0M to $27.4M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in ALLRED UNIT A 08-05 is a fraction of it. The estimate fits an Arps decline curve to the production ALLRED UNIT A 08-05 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for ALLRED UNIT A 08-05 is an estimate of value, not an offer and not an appraisal.
- How much income does ALLRED UNIT A 08-05 generate in a year?
- ALLRED UNIT A 08-05 is forecast to net about $8.7M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in ALLRED UNIT A 08-05 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 | 48847 |
| Wellbores | 14 |
| Reported production | 4,251,258 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $23.2M |
Where ALLRED UNIT A 08-05 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.