STATE TRACT 747-L

Operated by STERLING ENERGY, INC. (P-5 819004) in the BLOCK 749 (CH) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 68928District 04Field 09573400CondensateGasSave
Value, all time
$1.7 M
Jan 1993 – Jan 2010
Value, last 12 filed months
$0
at the published price for each month
Months reported
205
no gaps in the span
Streams
2
condensate, 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
CondensateDisposition150 bbl$3,634
GasProduction910,965 Mcf$1,713,191
Total$1,716,825

392,908 Mcf of this lease's gas, across 48 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

Every month this lease reported (205)

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

205 months

Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 200303026.675.41$162
Mar 200302631.146.10$159
Feb 20030533.487.93$40
Jan 200301730.315.58$95
Dec 20020026.914.85$0
Nov 200201024.664.14$41
Oct 200201326.464.23$55
Sep 2002010427.443.64$378
Aug 200205125.963.16$161
Jul 200202824.583.06$86
Jun 2002012323.733.34$411
May 200201824.663.58$65
Apr 200201923.653.51$67
Mar 200201022.003.10$31
Feb 200205618.222.38$133
Jan 2002040817.172.38$969
Dec 200102916.932.36$69
Nov 2001016118.072.41$387
Oct 200101,03719.782.53$2,622
Sep 200104,19124.262.25$9,435
Aug 200106,13324.873.05$18,725
Jul 200103,79423.933.20$12,130
Jun 20010024.563.82$0
May 200108,13925.524.31$35,057
Apr 2001010,02324.685.34$53,476
Mar 2001011,44524.545.38$61,533
Feb 2001010,97627.755.77$63,299
Jan 200109,38727.478.40$78,839
Dec 2000015,21226.889.12$138,771
Nov 20001618,08432.215.66$102,835
Oct 2000915,60331.235.15$80,566
Sep 200088,75331.875.19$45,652
Aug 2000109,49129.644.54$43,393
Jul 2000118,91828.534.09$36,786
Jun 2000107,23129.304.40$32,090
May 2000118,33727.263.68$30,978
Apr 2000139,11424.513.12$28,718
Mar 2000108,66428.422.86$25,061
Feb 200059,55127.622.73$26,179
Jan 2000410,42525.272.48$25,960
Dec 1999110,33924.282.42$25,083
Nov 199917,77523.192.43$18,947
Oct 199908,26420.982.80$23,170
Sep 199917,28021.752.62$19,087
Aug 199906,40119.262.88$18,407
Jul 199907,95317.892.37$18,867
Jun 199907,10915.942.36$16,792
May 199908,68315.792.32$20,153
Apr 199908,48615.102.21$18,738
Mar 199908,53312.471.84$15,686
Feb 199908,9459.981.82$16,260
Jan 199909,13010.381.90$17,347
Dec 199838,5759.201.77$15,234
Nov 199809,48010.892.19$20,721
Oct 199869,86812.421.97$19,507
Sep 199839,34512.592.08$19,500
Aug 199857,94911.301.91$15,218
Jul 199896,89511.742.24$15,532
Jun 199897,46911.242.24$16,811
May 199808,02312.622.21$17,701
Apr 199858,01713.042.51$20,150
Mar 199808,98512.802.31$20,750
Feb 199809,74313.952.30$22,400
Jan 1998011,25314.702.15$24,248
Dec 1997011,12316.322.41$26,819
Nov 1997011,60618.193.09$35,842
Oct 1997012,09519.253.15$38,097
Sep 1997013,25017.742.95$39,152
Aug 1997010,84117.862.55$27,696
Jul 199709,22017.582.25$20,717
Jun 199709,77617.242.26$22,066
May 199708,86118.972.31$20,456
Apr 199709,45617.882.08$19,695
Mar 199709,43418.951.94$18,294
Feb 199705,39620.492.21$11,903
Jan 199706,88323.483.54$24,364
Dec 199608,16923.32$0
Nov 199605,12321.97$0
Oct 199605,85523.31$0
Sep 199607,66822.22$0
Aug 199608,23320.26$0
Jul 199608,22419.55$0
Jun 199608,15418.73$0
May 199608,76919.43$0
Apr 199608,28021.51$0
Mar 199609,19919.38$0
Feb 199608,85916.98$0
Jan 199606,68717.07$0
Dec 199507,35917.19$0
Nov 199507,47216.00$0
Oct 199507,74715.43$0
Sep 199506,96616.18$0
Aug 199508,30415.92$0
Jul 199508,37415.24$0
Jun 199507,62816.41$0
May 199508,45317.56$0
Apr 199508,18817.73$0
Mar 1995010,48716.44$0
Feb 199507,54316.58$0
Jan 199508,42715.92$0
Dec 199408,03515.03$0
Nov 199409,01815.90$0
Oct 199409,18915.58$0
Sep 199409,15515.29$0
Aug 199407,35116.13$0
Jul 199408,84917.56$0
Jun 199408,77817.09$0
May 199409,47615.88$0
Apr 199409,67614.14$0
Mar 199409,70012.46$0
Feb 199401,19912.50$0
Jan 199405,70312.66$0
Dec 199304,06212.33$0
Nov 199303,87414.49$0
Oct 199307,23215.85$0
Sep 199308,25415.03$0
Aug 199309,15415.66$0
Jul 199309,25015.46$0
Jun 199308,99216.79$0
May 1993010,86617.68$0
Apr 1993013,42618.05$0
Mar 1993014,65218.14$0
Feb 199308,26517.90$0
Jan 199308,58416.93$0

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.

Apr 2003 — as filed, then multipliedworked
Condensate             0 bbl  × $ 26.67 =         $0
Gas                   30 Mcf  × $  5.41 =       $162

────────────────────────────────────────────────────
Month total                                     $162

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. 04/G/68928 is the state's own key, not one this site invented.