STERLING "H" FEE

Operated by CHEVRON U. S. A. INC. (P-5 148113) in the CONGER (PENN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 148878District 08Field 20097700CondensateGasSaveExport
Value, all time
$543 k
Mar 1994 – Mar 2014
Value, last 12 filed months
$8 k
at the published price for each month
Months reported
241
no gaps in the span
Streams
2
condensate, gas

The Railroad Commission's own record for the field this lease produces from, including the spacing rule that governs how close together its wells may be drilled.

These are facts about the field, not about this lease. The field holds 1,011 leases and 1,988 wells, and the rule below applies to all of them.

Discovered
1978-01-01
as the register files it
Field class
Oil and gas
the register's own label
Between wells
933 ft
minimum
From a lease line
660 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 1985-04-29.

The Commission's schedule remark for this field reads: OPTIONAL 40ACRE UNIT DIAG. 2100 PER #8-84810

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
CondensateDisposition4,802 bbl$124,800
GasProduction124,257 Mcf$417,862
Total$542,662

31,751 Mcf of this lease's gas, across 34 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.

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 31.7451, -101.2207. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.74515, -101.22072 · 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
100.0%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
8,200 ft
1 wells filed one
Completion to plug
9.3 years
median over 1 well

What the state filed about each well

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

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 8,200 ft.

Completions filed
Mar 2014
1 of 1 wells
Plug dates filed
Jun 2023
1 of 1 wells

Last completion to plug: a median of 9.3 years across the 1 well that filed both dates, with the middle half between 9.3 years and 9.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-43131673108,200 ftMar 2014Jun 2023Yes

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 (241)

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

241 months

Mar 20140095.895.06$0
Feb 2014012397.406.19$762
Jan 2014013690.404.86$661
Dec 2013015791.824.35$684
Nov 2013017188.853.74$639
Oct 2013022597.423.78$850
Sep 20130149104.113.72$554
Aug 20130200104.253.52$705
Jul 20130254102.523.72$944
Jun 2013024194.403.93$948
May 2013015894.834.15$656
Apr 2013019393.964.28$827
Mar 2013017493.623.91$681
Feb 2013014391.233.42$489
Jan 2013021291.603.42$725
Dec 2012022086.773.42$752
Nov 2012020786.953.62$750
Oct 2012021589.383.40$731
Sep 2012021794.672.92$633
Aug 2012022592.662.91$654
Jul 2012023685.133.02$713
Jun 2012022879.822.52$574
May 2012025691.612.49$637
Apr 20120250101.652.00$499
Mar 20120270105.052.22$600
Feb 20120243101.102.57$625
Jan 2012024098.092.73$656
Dec 2011024696.873.24$797
Nov 2011026495.723.31$874
Oct 2011028384.983.65$1,033
Sep 2011024783.623.99$984
Aug 2011028183.404.15$1,166
Jul 2011024194.144.52$1,089
Jun 2011025692.904.64$1,188
May 2011012998.134.40$568
Apr 2011093105.964.33$403
Mar 2011012596.364.06$507
Feb 2011011885.644.18$493
Jan 2011024786.504.59$1,133
Dec 2010040285.734.35$1,748
Nov 2010040880.843.80$1,548
Oct 2010031278.103.51$1,095
Sep 2010033572.633.98$1,333
Aug 2010037773.684.42$1,666
Jul 2010025872.554.74$1,222
Jun 201001470.364.91$69
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 2010015178.394.39$663
Feb 2010021473.585.44$1,165
Jan 2010025474.365.96$1,515
Dec 2009024971.445.48$1,365
Nov 2009029274.593.75$1,095
Oct 2009019572.544.11$802
Sep 2009026665.543.06$815
Aug 2009026367.423.22$846
Jul 2009022661.133.46$783
Jun 2009021466.163.90$834
May 2009021754.743.93$852
Apr 2009020846.773.59$746
Mar 2009023642.144.06$958
Feb 2009018632.814.63$862
Jan 2009026635.865.37$1,429
Dec 2008030137.105.98$1,799
Nov 2008025155.496.86$1,722
Oct 2008027275.246.92$1,883
Sep 20080256101.767.88$2,017
Aug 20080299114.228.48$2,536
Jul 20080375131.0811.39$4,271
Jun 20080228131.3313.03$2,971
May 20080254123.1711.57$2,940
Apr 20080217110.3110.45$2,269
Mar 20080219101.909.66$2,116
Feb 2008034892.538.77$3,052
Jan 2008038090.388.21$3,118
Dec 2007043588.337.30$3,176
Nov 2007238091.677.29$2,954
Oct 2007136482.856.92$2,602
Sep 2007336175.846.24$2,482
Aug 2007437069.066.39$2,640
Jul 2007447570.906.39$3,318
Jun 2007442162.007.55$3,426
May 2007538358.747.85$3,299
Apr 2007729259.617.81$2,696
Mar 2007531656.927.30$2,592
Feb 2007740455.108.22$3,705
Jan 2007737050.306.73$2,841
Dec 2006842156.656.92$3,366
Nov 2006036854.207.62$2,803
Oct 2006128254.906.01$1,751
Sep 2006332060.085.04$1,792
Aug 2006634468.717.34$2,937
Jul 2006436569.376.34$2,593
Jun 2006636866.286.38$2,747
May 2006537566.016.42$2,739
Apr 2006637664.397.36$3,154
Mar 2006639156.707.08$3,110
Feb 2006833657.597.75$3,065
Jan 2006937560.598.93$3,895
Dec 20051137554.9413.42$5,635
Nov 2005635254.6910.59$4,055
Oct 20051136858.3413.80$5,719
Sep 2005236461.4512.08$4,520
Aug 2005737861.519.80$4,134
Jul 2005540655.697.84$3,463
Jun 2005636952.337.38$3,038
May 20051234445.226.65$2,831
Apr 20052933149.207.36$3,863
Mar 20052937550.377.15$4,144
Feb 20051447045.226.31$3,600
Jan 20053155343.166.32$4,834
Dec 20043059139.866.75$5,186
Nov 20044455245.286.33$5,487
Oct 20043155249.706.52$5,137
Sep 20044353743.245.28$4,697
Aug 20045649442.375.55$5,115
Jul 20046849838.286.08$5,633
Jun 20045844936.106.43$4,982
May 20047053837.486.49$6,118
Apr 20046155034.475.86$5,325
Mar 20046557834.365.53$5,430
Feb 20045250432.455.51$4,464
Jan 20044754232.036.30$4,920
Dec 20035354530.266.30$5,038
Nov 20035154828.804.60$3,987
Oct 20035255028.174.76$4,083
Sep 20035458226.314.75$4,185
Aug 20035060029.765.13$4,566
Jul 20034661029.415.17$4,507
Jun 20034059828.565.98$4,720
May 20034162626.595.97$4,829
Apr 20034963626.675.41$4,746
Mar 20037163131.146.10$6,058
Feb 20034559333.487.93$6,207
Jan 20033859930.315.58$4,495
Dec 20023259226.914.85$3,735
Nov 20022759524.664.14$3,127
Oct 20025358426.464.23$3,872
Sep 20028155527.443.64$4,240
Aug 20025658825.963.16$3,314
Jul 20024253224.583.06$2,661
Jun 20023248223.733.34$2,368
May 20023552424.663.58$2,741
Apr 20022456823.653.51$2,563
Mar 20023157622.003.10$2,469
Feb 20021546618.222.38$1,380
Jan 20021253317.172.38$1,472
Dec 20011851116.932.36$1,513
Nov 20014255218.072.41$2,087
Oct 20019166019.782.53$3,469
Sep 20016164724.262.25$2,936
Aug 20012467824.873.05$2,667
Jul 20012468823.933.20$2,774
Jun 20012367224.563.82$3,135
May 20012974425.524.31$3,945
Apr 20012472524.685.34$4,460
Mar 20011571624.545.38$4,218
Feb 2001959827.755.77$3,698
Jan 20011066827.478.40$5,885
Dec 20003661026.889.12$6,532
Nov 20005462232.215.66$5,259
Oct 20005463331.235.15$4,944
Sep 20003765231.875.19$4,561
Aug 20006469329.644.54$5,044
Jul 20006469428.534.09$4,664
Jun 20005667029.304.40$4,587
May 20005472827.263.68$4,151
Apr 20005270124.513.12$3,459
Mar 20004673728.422.86$3,415
Feb 20005052427.622.73$2,810
Jan 20004456325.272.48$2,508
Dec 19994757124.282.42$2,525
Nov 19997178323.192.43$3,552
Oct 19997382520.982.80$3,845
Sep 19996583221.752.62$3,593
Aug 19997877719.262.88$3,737
Jul 19994878417.892.37$2,719
Jun 19995073015.942.36$2,521
May 19994472615.792.32$2,380
Apr 19995072615.102.21$2,358
Mar 19993371412.471.84$1,724
Feb 1999275199.981.82$1,213
Jan 19992455610.381.90$1,305
Dec 1998315919.201.77$1,333
Nov 19984276110.892.19$2,121
Oct 19984172812.421.97$1,943
Sep 19983576712.592.08$2,038
Aug 19983179911.301.91$1,874
Jul 19982279711.742.24$2,041
Jun 19982874211.242.24$1,975
May 19982468812.622.21$1,821
Apr 19982862813.042.51$1,938
Mar 19982361912.802.31$1,724
Feb 19982575313.952.30$2,080
Jan 19983273114.702.15$2,046
Dec 19972972916.322.41$2,231
Nov 19971760418.193.09$2,175
Oct 19971765319.253.15$2,384
Sep 19971766217.742.95$2,258
Aug 19971378117.862.55$2,227
Jul 19971786617.582.25$2,245
Jun 19971985217.242.26$2,251
May 19972577318.972.31$2,259
Apr 19972371817.882.08$1,907
Mar 19971873918.951.94$1,774
Feb 19971280420.492.21$2,019
Jan 1997101,00123.483.54$3,778
Dec 19961098023.32$233
Nov 19961196721.97$242
Oct 19961698923.31$373
Sep 19961798722.22$378
Aug 19963288520.26$648
Jul 19962486519.55$469
Jun 19962582118.73$468
May 19962981119.43$563
Apr 19963374421.51$710
Mar 19963075719.38$581
Feb 19961375716.98$221
Jan 19961279317.07$205
Dec 19951170817.19$189
Nov 19951178616.00$176
Oct 19952295315.43$339
Sep 19952174516.18$340
Aug 19951293215.92$191
Jul 19951081915.24$152
Jun 1995241,08416.41$394
May 1995381,35717.56$667
Apr 1995231,15917.73$408
Mar 1995586716.44$82
Feb 19951687316.58$265
Jan 19951591215.92$239
Dec 19943395115.03$496
Nov 19941999415.90$302
Oct 1994221,32015.58$343
Sep 1994211,00515.29$321
Aug 1994231,49516.13$371
Jul 19943596717.56$615
Jun 19943193817.09$530
May 19943296615.88$508
Apr 1994596514.14$71
Mar 19942259912.46$274

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.

Feb 2014 — as filed, then multipliedworked
Condensate             0 bbl  × $ 97.40 =         $0
Gas                  123 Mcf  × $  6.19 =       $762

────────────────────────────────────────────────────
Month total                                     $762

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. 08/G/148878 is the state's own key, not one this site invented.