STERLING "J" FEE

Name: STERLING "J" FEE lease production and value, Mar 1994 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

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 148892District 08Field 20097700CondensateGasSave Export

Value, all time

$232 k

Mar 1994 – Mar 2004

Value, last 12 filed months

$44 k

at the published price for each month

Months reported

121

no gaps in the span

Streams

condensate, gas

The CONGER (PENN) field

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.

Stream	Basis	Volume	Value
Condensate	Disposition	2,888 bbl	$65,946
Gas	Production	76,272 Mcf	$165,620
Total			$231,566

27,174 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 31.7345, -101.1826. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.73455, -101.18259 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

0.0%

0 of 1 wells

Median depth

8,000 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

1100.0%

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.

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 8,000 ft.

Completions filed

Aug 2016

1 of 1 wells

1 well


42-43131734	10	8,000 ft	Aug 2016	—	Yes

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 (121)

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

121 months


Mar 2004	42	347	34.36	5.53	$3,362
Feb 2004	55	407	32.45	5.51	$4,027
Jan 2004	84	437	32.03	6.30	$5,443
Dec 2003	45	445	30.26	6.30	$4,166
Nov 2003	38	410	28.80	4.60	$2,978
Oct 2003	46	462	28.17	4.76	$3,495
Sep 2003	58	451	26.31	4.75	$3,668
Aug 2003	26	299	29.76	5.13	$2,308
Jul 2003	37	513	29.41	5.17	$3,741
Jun 2003	32	480	28.56	5.98	$3,786
May 2003	31	480	26.59	5.97	$3,691
Apr 2003	25	460	26.67	5.41	$3,154
Mar 2003	14	467	31.14	6.10	$3,283
Feb 2003	14	396	33.48	7.93	$3,607
Jan 2003	26	450	30.31	5.58	$3,300
Dec 2002	37	532	26.91	4.85	$3,578
Nov 2002	29	538	24.66	4.14	$2,941
Oct 2002	26	839	26.46	4.23	$4,236
Sep 2002	23	798	27.44	3.64	$3,532
Aug 2002	20	846	25.96	3.16	$3,196
Jul 2002	15	644	24.58	3.06	$2,340
Jun 2002	18	553	23.73	3.34	$2,273
May 2002	45	558	24.66	3.58	$3,110
Apr 2002	135	526	23.65	3.51	$5,040
Mar 2002	40	559	22.00	3.10	$2,614
Feb 2002	7	447	18.22	2.38	$1,189
Jan 2002	4	541	17.17	2.38	$1,354
Dec 2001	5	447	16.93	2.36	$1,142
Nov 2001	13	351	18.07	2.41	$1,079
Oct 2001	23	431	19.78	2.53	$1,545
Sep 2001	15	439	24.26	2.25	$1,352
Aug 2001	45	488	24.87	3.05	$2,609
Jul 2001	11	486	23.93	3.20	$1,817
Jun 2001	42	468	24.56	3.82	$2,821
May 2001	33	447	25.52	4.31	$2,768
Apr 2001	47	359	24.68	5.34	$3,075
Mar 2001	23	364	24.54	5.38	$2,521
Feb 2001	13	448	27.75	5.77	$2,944
Jan 2001	6	545	27.47	8.40	$4,742
Dec 2000	11	513	26.88	9.12	$4,976
Nov 2000	19	350	32.21	5.66	$2,592
Oct 2000	22	361	31.23	5.15	$2,545
Sep 2000	14	360	31.87	5.19	$2,313
Aug 2000	24	366	29.64	4.54	$2,373
Jul 2000	21	356	28.53	4.09	$2,055
Jun 2000	16	331	29.30	4.40	$1,924
May 2000	16	694	27.26	3.68	$2,990
Apr 2000	17	654	24.51	3.12	$2,455
Mar 2000	22	711	28.42	2.86	$2,659
Feb 2000	136	859	27.62	2.73	$6,098
Jan 2000	117	948	25.27	2.48	$5,308
Dec 1999	98	816	24.28	2.42	$4,357
Nov 1999	5	538	23.19	2.43	$1,425
Oct 1999	5	562	20.98	2.80	$1,681
Sep 1999	4	513	21.75	2.62	$1,430
Aug 1999	4	539	19.26	2.88	$1,627
Jul 1999	3	537	17.89	2.37	$1,328
Jun 1999	3	542	15.94	2.36	$1,328
May 1999	4	574	15.79	2.32	$1,395
Apr 1999	5	557	15.10	2.21	$1,305
Mar 1999	3	577	12.47	1.84	$1,098
Feb 1999	3	533	9.98	1.82	$999
Jan 1999	4	605	10.38	1.90	$1,191
Dec 1998	6	609	9.20	1.77	$1,135
Nov 1998	16	573	10.89	2.19	$1,427
Oct 1998	15	582	12.42	1.97	$1,332
Sep 1998	14	572	12.59	2.08	$1,368
Aug 1998	18	753	11.30	1.91	$1,640
Jul 1998	13	773	11.74	2.24	$1,882
Jun 1998	16	750	11.24	2.24	$1,858
May 1998	25	807	12.62	2.21	$2,096
Apr 1998	26	779	13.04	2.51	$2,291
Mar 1998	17	810	12.80	2.31	$2,088
Feb 1998	16	763	13.95	2.30	$1,977
Jan 1998	21	842	14.70	2.15	$2,123
Dec 1997	21	887	16.32	2.41	$2,481
Nov 1997	22	705	18.19	3.09	$2,577
Oct 1997	39	709	19.25	3.15	$2,984
Sep 1997	42	735	17.74	2.95	$2,917
Aug 1997	6	662	17.86	2.55	$1,798
Jul 1997	5	630	17.58	2.25	$1,503
Jun 1997	8	579	17.24	2.26	$1,445
May 1997	36	656	18.97	2.31	$2,197
Apr 1997	23	625	17.88	2.08	$1,713
Mar 1997	21	725	18.95	1.94	$1,804
Feb 1997	8	494	20.49	2.21	$1,254
Jan 1997	5	524	23.48	3.54	$1,972
Dec 1996	6	507	23.32	—	$140
Nov 1996	8	542	21.97	—	$176
Oct 1996	10	553	23.31	—	$233
Sep 1996	7	539	22.22	—	$156
Aug 1996	8	611	20.26	—	$162
Jul 1996	7	606	19.55	—	$137
Jun 1996	12	589	18.73	—	$225
May 1996	16	747	19.43	—	$311
Apr 1996	21	746	21.51	—	$452
Mar 1996	23	709	19.38	—	$446
Feb 1996	20	630	16.98	—	$340
Jan 1996	25	743	17.07	—	$427
Dec 1995	26	669	17.19	—	$447
Nov 1995	30	728	16.00	—	$480
Oct 1995	39	856	15.43	—	$602
Sep 1995	5	828	16.18	—	$81
Aug 1995	27	588	15.92	—	$430
Jul 1995	14	308	15.24	—	$213
Jun 1995	28	745	16.41	—	$459
May 1995	2	1,228	17.56	—	$35
Apr 1995	5	773	17.73	—	$89
Mar 1995	12	566	16.44	—	$197
Feb 1995	10	345	16.58	—	$166
Jan 1995	63	643	15.92	—	$1,003
Dec 1994	45	971	15.03	—	$676
Nov 1994	40	802	15.90	—	$636
Oct 1994	8	963	15.58	—	$125
Sep 1994	55	1,079	15.29	—	$841
Aug 1994	8	822	16.13	—	$129
Jul 1994	3	1,464	17.56	—	$53
Jun 1994	3	1,400	17.09	—	$51
May 1994	3	1,461	15.88	—	$48
Apr 1994	5	1,399	14.14	—	$71
Mar 1994	31	1,014	12.46	—	$386

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.

Mar 2004 — as filed, then multipliedworked

Condensate            42 bbl  × $ 34.36 =     $1,443
Gas                  347 Mcf  × $  5.53 =     $1,919

────────────────────────────────────────────────────
Month total                                   $3,362

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/148892 is the state's own key, not one this site invented.