Naiad 15-03

Oil & Gas Property in Borden County, TX

  2. Texas
  3. Borden County, TX
  4. Oil & Gas Properties in Borden County, TX
  5. Naiad 15-03 Oil & Gas Property

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Property Summary

Key data points for Naiad 15-03

CountyBorden County, TX
OperatorSURGE OPERATING, LLC
Production DatesSep 2024 - Oct 2025
Total Oil Production205,820 BBLs
Total Gas Production202,693 MCF
Recent Oil Production8,254 BBLs in Sep 2025
Recent Gas Production13,038 MCF in Sep 2025
Wells on Property5

Our Valuation Estimates for Naiad 15-03

ShaleAssessment™

Not Available

MarketMultiple™

$1,372,117 **

* Assessment based on future expected revenue
** Based on a 36 month multiple of average monthly estimated revenue

Based on a decimal interest

Naiad 15-03 Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Naiad 15-03
from Sep 2024 to Oct 2025

Wells on Naiad 15-03

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-033-32696NAIAD 15-03 1AHSURGE OPERATING, LLCProducingBorden County, TX32.573028-101.422153
42-033-32697NAIAD 15-03 2AHSURGE OPERATING, LLCProducingBorden County, TX32.573046-101.422075
42-033-32759NAIAD 15-03 3AHSURGE OPERATING, LLCHorizontal Well Surface LocatioBorden County, TX32.574390-101.415406
42-033-32760NAIAD 15-03 4AHSURGE OPERATING, LLCHorizontal Well Surface LocatioBorden County, TX32.574404-101.415327
42-033-32761NAIAD 15-03 5AHSURGE OPERATING, LLCHorizontal Well Surface LocatioBorden County, TX32.574417-101.415247

Leases included in Naiad 15-03

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
08-62645NAIAD 15-03SURGE OPERATING, LLCBorden County, TX

Nearby Properties

These are the closest 20 properties to the Naiad 15-03 property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
CassidyHoward County, TX5,518 BBLs10,580 MCFOct 2025
Higginbotham UnitBorden County, TX9,381 BBLs35,552 MCFOct 2025
Kraken Unit A 06-43Borden County, TX1,802 BBLs5,430 MCFOct 2025
Leviathan UnitBorden County, TX4,577 BBLs23,408 MCFOct 2025
Medusa UnitBorden County, TX5,605 BBLs22,527 MCFOct 2025
Minotaur Unit B 16-09Borden County, TX1,345 BBLs2,012 MCFOct 2025
Nessie UnitHoward County, TX10,547 BBLs38,935 MCFOct 2025
Orthrus UnitBorden County, TX7,127 BBLs26,112 MCFOct 2025
Pamola Unit A 35-23Borden County, TX5,319 BBLs20,174 MCFOct 2025
Phoenix Unit 35-38Borden County, TX1,249 BBLs2,355 MCFOct 2025
Pixie UnitBorden County, TX17,914 BBLs34,174 MCFOct 2025
Rougarou Unit 36-48Borden County, TX6,710 BBLs10,697 MCFOct 2025
Sasquatch Unit 36-24Borden County, TX6,155 BBLs12,920 MCFOct 2025
Siren Unit 36-48Borden County, TX2,597 BBLs4,448 MCFOct 2025
Sphinx Unit 13-01Borden County, TX9,564 BBLs11,002 MCFOct 2025
Succubus Unit B 25-24Borden County, TX4,450 BBLs6,546 MCFOct 2025
Succubus-Rougarou 24-37Borden County, TX5,207 BBLs7,970 MCFOct 2025
ThunderbirdBorden County, TX24,359 BBLs25,412 MCFOct 2025
Troll Unit A 08-04Borden County, TX19,547 BBLs21,189 MCFOct 2025
Unicorn UnitBorden County, TX563 BBLs317 MCFOct 2025

Companies in the Area

These are the closest 20 companies operating near the Naiad 15-03 property.

Company Name
Apache Corporation
Collins & Ware, Inc.
Cross Cut Petroleum, LLC
Grace Petroleum Operating, LLC
Hendrix, John H. Corporation
Hillin Prod. Co.
Langford & Brigham Operating LLC
McClure Oil Company, Inc.
Murchison Oil And Gas, LLC
North American Royalties, Inc.
Panamerican Operating Inc
QP, Inc.
R. K. G. Engineering, Inc.
Shenandoah Petroleum Corporation
SM Energy Company
Surge Operating, LLC
Tall City Operations LLC
Triple "N" Services, Inc.
Vital Energy, Inc.
Young Marshall R Oil Co

Frac'ing activity on Naiad 15-03

API #Well NameStart DateEnd DateVertical DepthTotal Water Volume
42-033-32696Naiad 15-03 1AH
42-033-32697NAIAD 15-03 2AH

Oil & Gas Sales on Naiad 15-03

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
08-62645NAIAD 15-03Mar 2025TARGA PIPELINE MID-CONTINENT LLCSURGE OPERATING, LLC
08-62645NAIAD 15-03Feb 2025TARGA PIPELINE MID-CONTINENT LLCSURGE OPERATING, LLC
08-62645NAIAD 15-03Jan 2025TARGA PIPELINE MID-CONTINENT LLCSURGE OPERATING, LLC
08-62645NAIAD 15-03Dec 2024TARGA PIPELINE MID-CONTINENT LLCSURGE OPERATING, LLC
08-62645NAIAD 15-03Nov 2024TARGA PIPELINE MID-CONTINENT LLCSURGE OPERATING, LLC
08-62645NAIAD 15-03Oct 2024TARGA PIPELINE MID-CONTINENT LLCSURGE OPERATING, LLC