SURFSIDE UNIT
SURFSIDE UNIT is a Texas oil lease in Ward County, Railroad Commission district 08, operated by Callon Petroleum Operating Co. It has 3 wellbores on file with the Commission. Reported production runs from April 2023 to August 2026, totalling 897,211 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 $16.2M, with roughly $5.3M 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 9,506 barrels a month, about 3,169 per wellbore. Its strongest month on the record we hold was May 2023, at 84,676 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 SURFSIDE UNIT
- Who operates SURFSIDE UNIT?
- SURFSIDE UNIT is operated by Callon Petroleum Operating Co, Railroad Commission of Texas operator number 124828.
- Where is SURFSIDE UNIT?
- SURFSIDE UNIT is a Texas oil lease in Ward County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 60116.
- Is SURFSIDE UNIT still producing?
- SURFSIDE UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SURFSIDE UNIT is August 2026.
- How much has SURFSIDE UNIT produced?
- SURFSIDE UNIT has reported 897,211 barrels of oil (bbl) to the Railroad Commission of Texas between April 2023 and August 2026, from 3 wellbores.
- How much is SURFSIDE UNIT worth?
- The remaining production from SURFSIDE UNIT is estimated to be worth about $16.2M in total as of 26 August 2026, within a range of $13.4M to $18.9M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SURFSIDE UNIT is a fraction of it. The estimate fits an Arps decline curve to the production SURFSIDE UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SURFSIDE UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does SURFSIDE UNIT generate in a year?
- SURFSIDE UNIT is forecast to net about $5.3M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in SURFSIDE UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Callon Petroleum Operating Co |
|---|---|
| Field | Phantom (Wolfcamp) |
| County | Ward County, Texas |
| RRC district | 08 |
| Lease number | 60116 |
| Wellbores | 3 |
| Reported production | 897,211 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $16.2M |
Where SURFSIDE UNIT 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.