WOLFE-BROPHY UNIT 45-04
WOLFE-BROPHY UNIT 45-04 is a Texas oil lease in Howard County, Railroad Commission district 08, operated by Surge Operating, LLC. It has 22 wellbores on file with the Commission. Reported production runs from September 2016 to August 2026, totalling 4,304,792 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 $23.6M, with roughly $12.1M 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 22,875 barrels a month, about 1,040 per wellbore. Its strongest month on the record we hold was March 2020, at 110,230 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 WOLFE-BROPHY UNIT 45-04
- Who operates WOLFE-BROPHY UNIT 45-04?
- WOLFE-BROPHY UNIT 45-04 is operated by Surge Operating, LLC, Railroad Commission of Texas operator number 760725.
- Where is WOLFE-BROPHY UNIT 45-04?
- WOLFE-BROPHY UNIT 45-04 is a Texas oil lease in Howard County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 48910.
- Is WOLFE-BROPHY UNIT 45-04 still producing?
- WOLFE-BROPHY UNIT 45-04 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for WOLFE-BROPHY UNIT 45-04 is August 2026.
- How much has WOLFE-BROPHY UNIT 45-04 produced?
- WOLFE-BROPHY UNIT 45-04 has reported 4,304,792 barrels of oil (bbl) to the Railroad Commission of Texas between September 2016 and August 2026, from 22 wellbores.
- How much is WOLFE-BROPHY UNIT 45-04 worth?
- The remaining production from WOLFE-BROPHY UNIT 45-04 is estimated to be worth about $23.6M in total as of 26 August 2026, within a range of $19.3M to $27.8M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in WOLFE-BROPHY UNIT 45-04 is a fraction of it. The estimate fits an Arps decline curve to the production WOLFE-BROPHY UNIT 45-04 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for WOLFE-BROPHY UNIT 45-04 is an estimate of value, not an offer and not an appraisal.
- How much income does WOLFE-BROPHY UNIT 45-04 generate in a year?
- WOLFE-BROPHY UNIT 45-04 is forecast to net about $12.1M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in WOLFE-BROPHY UNIT 45-04 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 | 48910 |
| Wellbores | 22 |
| Reported production | 4,304,792 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $23.6M |
Where WOLFE-BROPHY UNIT 45-04 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.