STERLING

Operated by E2 OPERATING LLC (P-5 238475) in the FORT TRINIDAD, EAST (BUDA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 27078District 03Field 32157071OilCasinghead gasSave
Value, all time
$2.7 M
Jul 2014 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
143
no gaps in the span
Streams
2
oil, casinghead gas

What this lease produced, and what it was worth

Oil and condensate are valued on the volume the state records as disposed of; gas and casinghead gas on the volume produced. They are different columns of different files, and the difference is not cosmetic.

StreamBasisVolumeValue
OilDisposition35,400 bbl$2,371,395
Casinghead gasProduction103,573 Mcf$349,635
Total$2,721,030

Wells on this lease (1)

Every wellbore the Railroad Commission records against this lease key, with the depth, the last completion and the plug date exactly as filed. A well with no plug date is not stated to be producing — the state files no such flag.

These wells centre on 30.9883, -95.6985. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.98825, -95.69853 · centre of the wells drawn, derived

What these wells add up to

Every figure below is counted over all of this lease's wells, not over the rows listed above. The Railroad Commission files two facts about a well's state — a plug date and a proration-schedule flag — and a well can carry both, so they are published as separate counts and never merged into a status.

On the schedule
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
11,688 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
1100.0%

A plug date is the date the Commission recorded the wellbore as sealed with cement and abandoned. It is the only end-of-life fact Texas files. There is no "active" flag on a well, so this page does not print one — a well with no plug date is not stated to be producing.

How deep they were drilled

The one well that filed a depth was drilled to 11,688 ft.

Completions filed
Jul 2014
1 of 1 wells

1 well

42-31331101111,688 ftJul 2014

The API number is the state's, prefixed 42 for Texas. A well is matched to this lease by the lease key the Commission files on the wellbore record, so a well that has moved between leases appears under each one it was filed against.

Every month this lease reported (143)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

143 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 202455073.023.30$4,016
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 202320080.522.67$1,610
Jul 20230074.852.64$0
Jun 202303068.962.26$68
May 202301270.622.23$27
Apr 202304778.122.24$105
Mar 202301872.852.39$43
Feb 20230875.112.47$20
Jan 2023171476.533.39$13,100
Dec 202203276.415.73$183
Nov 20220885.005.65$45
Oct 202214487.185.86$345
Sep 2022016284.888.16$1,323
Aug 2022011594.529.13$1,050
Jul 2022180186101.587.54$19,687
Jun 2022016115.097.98$128
May 20220256109.378.43$2,159
Apr 20220192104.226.84$1,313
Mar 20221780108.885.08$19,381
Feb 2022022191.054.86$1,074
Jan 2022028081.844.54$1,271
Dec 202117827571.323.90$13,767
Nov 20210077.435.24$0
Oct 2021027579.795.71$1,571
Sep 2021032669.865.35$1,744
Aug 202118530766.024.22$13,509
Jul 2021034670.783.98$1,378
Jun 2021025669.493.38$865
May 20211775263.483.02$11,393
Apr 2021017160.362.76$472
Mar 2021030661.302.72$831
Feb 202117628757.805.55$11,765
Jan 2021031250.412.81$877
Dec 202017333044.642.68$8,606
Nov 2020043838.772.71$1,185
Oct 202017947536.972.48$7,795
Sep 2020047237.091.99$940
Aug 202017756539.982.39$8,424
Jul 202017861038.371.83$7,943
Jun 2020077134.901.69$1,303
May 2020040116.921.81$728
Apr 202017538614.751.80$3,278
Mar 202016233430.341.86$5,535
Feb 2020020349.881.98$402
Jan 202017512657.252.09$10,283
Dec 201917728059.012.30$11,090
Nov 201918226455.302.75$10,791
Oct 201917345153.472.42$10,341
Sep 201916756255.052.66$10,687
Aug 2019057053.112.30$1,313
Jul 201934661056.272.46$20,970
Jun 201917948752.782.49$10,661
May 201917737258.482.74$11,370
Apr 201917837262.632.75$12,171
Mar 2019067256.803.06$2,058
Feb 20191781,24950.852.79$12,539
Jan 20191751,23446.033.23$12,039
Dec 201817837646.594.19$9,867
Nov 201818021252.934.24$10,426
Oct 201818338361.443.40$12,545
Sep 201835148159.543.11$22,393
Aug 201836650459.403.07$23,286
Jul 201834950865.142.93$24,223
Jun 201853661260.183.08$34,140
May 201834873665.382.90$24,887
Apr 201818168363.842.90$13,536
Mar 201835562661.222.79$23,478
Feb 201817830761.782.77$11,846
Jan 201818250362.874.01$13,459
Dec 201718145057.272.92$11,681
Nov 20173601,34055.423.12$24,130
Oct 201717953249.292.98$10,410
Sep 201753042647.523.09$26,501
Aug 201736264445.373.00$18,359
Jul 201754336643.873.09$24,951
Jun 201737241442.493.09$17,084
May 201737159245.373.26$18,764
Apr 201736641847.933.21$18,885
Mar 201737172546.772.98$19,515
Feb 201755777450.452.95$30,386
Jan 201737670349.413.42$20,982
Dec 20167371,42848.763.72$41,252
Nov 20165651,92442.492.64$29,095
Oct 20163571,36746.193.09$20,714
Sep 201618784841.553.10$10,399
Aug 201617793641.442.92$10,072
Jul 201636485641.622.92$17,653
Jun 201618783845.352.69$10,731
May 201618598542.521.99$9,827
Apr 201617965836.561.99$7,854
Mar 201618898033.011.79$7,964
Feb 201618273326.472.06$6,330
Jan 20161891,84927.352.36$9,541
Dec 20153781,50132.362.00$15,236
Nov 201517776838.792.17$8,530
Oct 201517883543.552.43$9,778
Sep 201517899242.992.76$10,389
Aug 201517789940.162.87$9,691
Jul 20153531,43548.152.95$21,223
Jun 201534680956.152.88$21,760
May 20153552,53655.212.96$27,095
Apr 20154671,92649.822.71$28,479
Mar 20153653,39042.892.93$25,604
Feb 20153622,59744.662.98$23,896
Jan 2015341043.433.10$14,810
Dec 20147443,88954.693.59$54,656
Nov 20147433,16370.464.25$65,800
Oct 20141,6145,57178.303.90$148,108
Sep 20142,4637,16886.164.05$241,210
Aug 20145,69113,25189.394.04$562,188
Jul 20144,5449,34896.564.18$477,840

How to read this page

The arithmetic is one multiplication per stream per month. Here it is, worked, on a real row from the table above.

Jan 2024 — as filed, then multipliedworked
Oil                   55 bbl  × $ 73.02 =     $4,016
Casinghead gas         0 Mcf  × $  3.30 =         $0

────────────────────────────────────────────────────
Month total                                   $4,016

The volumes are the state's, unchanged

Every barrel and every Mcf on this page is a number the Railroad Commission of Texas published in its monthly production query. Nothing is modelled, estimated or filled in.

The dollars are a multiplication, not a valuation

Volume × a published monthly price. It is not what the operator was paid: it takes no account of a contract, a differential, a transportation deduction, or the share any one owner holds.

Oil and gas are priced differently

Oil is a Texas realisation — the crude oil first purchase price. Gas is a benchmark, because no free Texas wellhead gas series exists at any date. The prices page publishes the difference rather than correcting it away.

A lease is not a well

The state reports oil on lease and gas on well, and this page is the lease grain. 03/O/27078 is the state's own key, not one this site invented.