The surface energy of a single drop is calculated as \( 4 \pi r^2 T \), with \( r \) denoting the radius and \( T \) the surface tension. Initially, two drops exist, resulting in a total surface energy of \( 2 \times 4 \pi r^2 T = 8 \pi r^2 T \). Upon coalescing, the new drop's radius increases to \( \sqrt{2}r \). Consequently, the surface energy of this combined drop is \( 4 \pi (\sqrt{2}r)^2 T = 8 \pi r^2 T \). The surface energy released is the disparity between the initial and final surface energies, which is \( 8 \pi r^2 T \). Therefore, the correct value is \( 8 \pi r^2 T \).