FGR UNIT 27

FGR UNIT 27 is a Texas oil lease in Howard County, Railroad Commission district 08, operated by Surge Operating, LLC. It has 4 wellbores on file with the Commission. Reported production runs from September 2016 to August 2026, totalling 947,812 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 $7.3M, with roughly $1.8M 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 2,431 barrels a month, about 608 per wellbore. Its strongest month on the record we hold was September 2017, at 65,075 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 FGR UNIT 27

Who operates FGR UNIT 27?
FGR UNIT 27 is operated by Surge Operating, LLC, Railroad Commission of Texas operator number 760725.
Where is FGR UNIT 27?
FGR UNIT 27 is a Texas oil lease in Howard County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 49186.
Is FGR UNIT 27 still producing?
FGR UNIT 27 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for FGR UNIT 27 is August 2026.
How much has FGR UNIT 27 produced?
FGR UNIT 27 has reported 947,812 barrels of oil (bbl) to the Railroad Commission of Texas between September 2016 and August 2026, from 4 wellbores.
How much is FGR UNIT 27 worth?
The remaining production from FGR UNIT 27 is estimated to be worth about $7.3M in total as of 26 August 2026, within a range of $6.1M to $8.5M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in FGR UNIT 27 is a fraction of it. The estimate fits an Arps decline curve to the production FGR UNIT 27 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for FGR UNIT 27 is an estimate of value, not an offer and not an appraisal.
How much income does FGR UNIT 27 generate in a year?
FGR UNIT 27 is forecast to net about $1.8M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in FGR UNIT 27 receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

FGR UNIT 27 as filed with the Railroad Commission of Texas
OperatorSurge Operating, LLC
FieldSpraberry (Trend Area)
CountyHoward County, Texas
RRC district08
Lease number49186
Wellbores4
Reported production947,812 bbl
First reported
Last reported
Estimated royalty value$7.3M

Where FGR UNIT 27 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.