STERLING 'L' FEE

Operated by BURK ROYALTY CO., LTD. (P-5 108799) 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 148893District 08Field 200977002 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.3 M
Mar 1994 – May 2026
Value, last 12 filed months
$17 k
at the published price for each month
Months reported
387
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

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
High Cost Gas111994-07-07130070
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
CondensateDisposition5,196 bbl$172,469
GasProduction390,727 Mcf$1,078,817
Total$1,251,285

127,135 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 31.7750, -101.1751. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.77499, -101.17508 · 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
8,150 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 8,150 ft.

Completions filed
Sep 1992
1 of 1 wells

1 well

42-4313250228,150 ftSep 1992

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 (387)

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

387 months

May 20260430106.413.05$1,310
Apr 2026042798.932.87$1,225
Mar 2026047689.753.15$1,499
Feb 2026027963.503.75$1,046
Jan 2026029959.138.00$2,391
Dec 2025142056.664.41$1,910
Nov 2025237058.593.93$1,570
Oct 2025237059.383.30$1,342
Sep 2025330162.743.08$1,114
Aug 2025233663.933.01$1,141
Jul 2025328666.743.32$1,148
Jun 2025423566.483.13$1,001
May 2025321460.553.23$873
Apr 2025223162.363.54$943
Mar 2025224967.704.27$1,198
Feb 2025530370.884.34$1,670
Jan 2025832274.324.28$1,972
Dec 2024657268.993.12$2,199
Nov 2024320969.052.20$667
Oct 2024531671.372.28$1,078
Sep 2024031269.612.36$738
Aug 2024135775.632.06$812
Jul 2024037179.932.15$796
Jun 2024040278.082.63$1,059
May 2024152378.812.20$1,229
Apr 2024013884.451.66$229
Mar 2024234580.301.55$694
Feb 2024039376.091.78$701
Jan 2024238873.023.30$1,426
Dec 2023146571.262.61$1,285
Nov 2023341177.892.81$1,388
Oct 2023346785.443.09$1,698
Sep 2023152989.042.74$1,536
Aug 2023235780.522.67$1,115
Jul 2023537374.852.64$1,360
Jun 2023025368.962.26$571
May 2023029370.622.23$653
Apr 202303678.122.24$81
Mar 202305472.852.39$129
Feb 202308275.112.47$202
Jan 202309576.533.39$322
Dec 2022010176.415.73$579
Nov 2022010085.005.65$565
Oct 2022012387.185.86$721
Sep 2022010684.888.16$865
Aug 2022013394.529.13$1,214
Jul 2022095101.587.54$717
Jun 2022050115.097.98$399
May 2022069109.378.43$582
Apr 2022076104.226.84$520
Mar 2022298108.885.08$715
Feb 202247591.054.86$729
Jan 202257481.844.54$745
Dec 202133571.323.90$350
Nov 2021113377.435.24$774
Oct 2021226179.795.71$1,651
Sep 2021331869.865.35$1,911
Aug 20211541066.024.22$2,721
Jul 20211041570.783.98$2,360
Jun 2021840169.493.38$1,912
May 20211143763.483.02$2,017
Apr 2021453760.362.76$1,723
Mar 2021751861.302.72$1,836
Feb 2021529357.805.55$1,915
Jan 20211445750.412.81$1,990
Dec 20201344144.642.68$1,760
Nov 2020740738.772.71$1,373
Oct 2020970136.972.48$2,070
Sep 20201161637.091.99$1,634
Aug 20201032439.982.39$1,173
Jul 20201556338.371.83$1,603
Jun 2020181,10234.901.69$2,491
May 20201016.921.81$17
Apr 2020628114.751.80$596
Mar 2020942830.341.86$1,068
Feb 2020644249.881.98$1,175
Jan 2020836957.252.09$1,231
Dec 2019531559.012.30$1,021
Nov 2019535055.302.75$1,239
Oct 2019823653.472.42$999
Sep 2019728855.052.66$1,151
Aug 201981,10653.112.30$2,974
Jul 20191345256.272.46$1,843
Jun 2019638752.782.49$1,281
May 2019840858.482.74$1,586
Apr 2019741962.632.75$1,591
Mar 20191140156.803.06$1,853
Feb 20191036650.852.79$1,530
Jan 2019550546.033.23$1,860
Dec 2018751246.594.19$2,469
Nov 2018935752.934.24$1,989
Oct 20181463761.443.40$3,025
Sep 20181157459.543.11$2,439
Aug 2018755059.403.07$2,102
Jul 2018551665.142.93$1,839
Jun 2018553960.183.08$1,959
May 2018860365.382.90$2,272
Apr 2018846963.842.90$1,871
Mar 20181272761.222.79$2,761
Feb 20181138561.782.77$1,745
Jan 20181361762.874.01$3,291
Dec 20172362757.272.92$3,149
Nov 20171539655.423.12$2,066
Oct 20174629649.292.98$3,151
Sep 2017348247.523.09$1,631
Aug 2017650445.373.00$1,786
Jul 20171065643.873.09$2,464
Jun 2017458342.493.09$1,970
May 2017749245.373.26$1,923
Apr 2017954747.933.21$2,188
Mar 2017779146.772.98$2,687
Feb 2017149650.452.95$1,515
Jan 2017639149.413.42$1,633
Dec 2016533748.763.72$1,498
Nov 2016637242.492.64$1,239
Oct 20161240246.193.09$1,797
Sep 20168227241.553.10$4,250
Aug 20164736041.442.92$3,000
Jul 2016941541.622.92$1,588
Jun 2016633645.352.69$1,175
May 2016040942.521.99$814
Apr 2016051736.561.99$1,029
Mar 2016090233.011.79$1,618
Feb 2016056226.472.06$1,160
Jan 20160027.352.36$0
Dec 2015060832.362.00$1,217
Nov 2015068738.792.17$1,489
Oct 2015089243.552.43$2,165
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 2015032656.152.88$940
May 2015056555.212.96$1,670
Apr 2015157649.822.71$1,609
Mar 2015059142.892.93$1,734
Feb 2015059244.662.98$1,762
Jan 2015068743.433.10$2,130
Dec 2014069854.693.59$2,507
Nov 2014061770.464.25$2,623
Oct 2014071178.303.90$2,774
Sep 2014065486.164.05$2,646
Aug 2014064889.394.04$2,615
Jul 2014065996.564.18$2,754
Jun 2014062398.164.74$2,951
May 2014064694.734.73$3,053
Apr 2014064895.944.81$3,116
Mar 2014259895.895.06$3,216
Feb 20142656597.406.19$6,031
Jan 20146461490.404.86$8,770
Dec 2013872091.824.35$3,870
Nov 2013068388.853.74$2,553
Oct 2013069397.423.78$2,619
Sep 20130552104.113.72$2,052
Aug 20130503104.253.52$1,772
Jul 20130744102.523.72$2,766
Jun 2013059494.403.93$2,336
May 2013026994.834.15$1,116
Apr 2013020793.964.28$887
Mar 2013038893.623.91$1,518
Feb 2013030191.233.42$1,029
Jan 2013030891.603.42$1,053
Dec 2012032986.773.42$1,125
Nov 2012038886.953.62$1,406
Oct 2012044389.383.40$1,506
Sep 2012045894.672.92$1,337
Aug 2012040892.662.91$1,187
Jul 2012049385.133.02$1,489
Jun 2012047179.822.52$1,186
May 2012046691.612.49$1,160
Apr 20122487101.652.00$1,176
Mar 20120628105.052.22$1,395
Feb 20120524101.102.57$1,347
Jan 2012026298.092.73$716
Dec 2011024396.873.24$787
Nov 2011029695.723.31$980
Oct 2011025384.983.65$923
Sep 2011039883.623.99$1,586
Aug 2011048183.404.15$1,996
Jul 2011043694.144.52$1,970
Jun 2011049192.904.64$2,278
May 2011055998.134.40$2,462
Apr 20110403105.964.33$1,746
Mar 2011062996.364.06$2,552
Feb 2011053785.644.18$2,245
Jan 2011068486.504.59$3,139
Dec 2010047885.734.35$2,078
Nov 2010061380.843.80$2,327
Oct 2010065878.103.51$2,309
Sep 2010061972.633.98$2,463
Aug 2010057473.684.42$2,537
Jul 2010059572.554.74$2,818
Jun 2010058970.364.91$2,892
May 2010055871.124.24$2,363
Apr 20101325781.694.12$2,122
Mar 20103163178.394.39$5,199
Feb 20102560673.585.44$5,138
Jan 20102166674.365.96$5,534
Dec 20093058571.445.48$5,351
Nov 20094576074.593.75$6,208
Oct 20091660372.544.11$3,639
Sep 20093384065.543.06$4,737
Aug 20092991467.423.22$4,897
Jul 2009286961.133.46$3,133
Jun 2009277266.163.90$3,139
May 20091477354.743.93$3,801
Apr 20091479846.773.59$3,518
Mar 20091869342.144.06$3,571
Feb 2009248932.814.63$2,331
Jan 2009859435.865.37$3,477
Dec 20084473837.105.98$6,044
Nov 20084778355.496.86$7,980
Oct 20081644875.246.92$4,305
Sep 20080266101.767.88$2,095
Aug 20080564114.228.48$4,784
Jul 20080110131.0811.39$1,253
Jun 20080242131.3313.03$3,154
May 20080487123.1711.57$5,637
Apr 20082647110.3110.45$6,985
Mar 20085702101.909.66$7,294
Feb 2008662492.538.77$6,028
Jan 20081383290.388.21$8,002
Dec 20071171188.337.30$6,163
Nov 20072167891.677.29$6,869
Oct 20071191782.856.92$7,259
Sep 2007779075.846.24$5,464
Aug 2007046069.066.39$2,938
Jul 2007046470.906.39$2,964
Jun 2007045262.007.55$3,412
May 2007143658.747.85$3,480
Apr 2007547859.617.81$4,029
Mar 2007444756.927.30$3,492
Feb 2007336155.108.22$3,131
Jan 2007237150.306.73$2,596
Dec 2006741656.656.92$3,275
Nov 2006549354.207.62$4,026
Oct 2006765454.906.01$4,317
Sep 20061059660.085.04$3,603
Aug 20061484668.717.34$7,172
Jul 20061172669.376.34$5,368
Jun 20061270866.286.38$5,315
May 20061189466.016.42$6,470
Apr 2006688364.397.36$6,886
Mar 2006791356.707.08$6,864
Feb 2006682057.597.75$6,701
Jan 2006689560.598.93$8,359
Dec 2005891354.9413.42$12,688
Nov 2005889654.6910.59$9,925
Oct 20051986358.3413.80$13,014
Sep 20051880961.4512.08$10,878
Aug 20051189761.519.80$9,464
Jul 20051396055.697.84$8,254
Jun 2005892152.337.38$7,217
May 20051194345.226.65$6,769
Apr 2005897049.207.36$7,533
Mar 200571,00650.377.15$7,550
Feb 2005890345.226.31$6,061
Jan 2005151,01343.166.32$7,052
Dec 2004141,02339.866.75$7,464
Nov 2004151,04645.286.33$7,301
Oct 2004161,06049.706.52$7,701
Sep 2004211,04043.245.28$6,403
Aug 2004131,04642.375.55$6,357
Jul 2004171,08938.286.08$7,276
Jun 2004171,05336.106.43$7,388
May 2004151,08837.486.49$7,628
Apr 2004141,01634.475.86$6,435
Mar 200471,10134.365.53$6,329
Feb 200441,07132.455.51$6,031
Jan 2004141,10432.036.30$7,403
Dec 2003151,16130.266.30$7,770
Nov 2003161,15528.804.60$5,768
Oct 2003171,17428.174.76$6,067
Sep 2003161,11626.314.75$5,721
Aug 2003151,24129.765.13$6,812
Jul 2003121,28429.415.17$6,992
Jun 200391,12728.565.98$7,000
May 2003121,17726.595.97$7,349
Apr 2003121,15426.675.41$6,560
Mar 200391,15631.146.10$7,327
Feb 200381,10833.487.93$9,050
Jan 200331,17230.315.58$6,633
Dec 200281,11926.914.85$5,647
Nov 2002171,21324.664.14$5,437
Oct 2002161,19726.464.23$5,486
Sep 2002191,22427.443.64$4,971
Aug 2002191,29925.963.16$4,603
Jul 2002111,36424.583.06$4,447
Jun 200231,25323.733.34$4,254
May 200231,29924.663.58$4,730
Apr 2002121,30523.653.51$4,867
Mar 2002181,35922.003.10$4,613
Feb 2002171,38518.222.38$3,600
Jan 2002271,64317.172.38$4,367
Dec 2001311,64316.932.36$4,410
Nov 2001181,54618.072.41$4,044
Oct 2001271,75419.782.53$4,970
Sep 2001281,69224.262.25$4,489
Aug 2001141,44924.873.05$4,772
Jul 2001151,49123.933.20$5,126
Jun 2001101,43224.563.82$5,722
May 2001201,53325.524.31$7,114
Apr 2001391,07724.685.34$6,709
Mar 20011171,53324.545.38$11,113
Feb 2001221,25527.755.77$7,848
Jan 2001321,44527.478.40$13,015
Dec 2000311,46326.889.12$14,180
Nov 2000201,39132.215.66$8,514
Oct 2000191,42531.235.15$7,926
Sep 2000171,38331.875.19$7,715
Aug 2000311,55729.644.54$7,989
Jul 2000311,59328.534.09$7,399
Jun 2000311,49429.304.40$7,478
May 2000551,73627.263.68$7,887
Apr 2000451,63424.513.12$6,194
Mar 2000411,81028.422.86$6,341
Feb 2000381,55427.622.73$5,287
Jan 2000451,66725.272.48$5,272
Dec 1999491,56724.282.42$4,988
Nov 1999261,32023.192.43$3,816
Oct 1999281,50820.982.80$4,815
Sep 1999241,42321.752.62$4,249
Aug 1999331,40519.262.88$4,676
Jul 1999231,37717.892.37$3,678
Jun 1999211,33515.942.36$3,488
May 1999211,35215.792.32$3,470
Apr 1999211,31315.102.21$3,216
Mar 1999191,38712.471.84$2,787
Feb 1999171,3999.981.82$2,713
Jan 1999161,60310.381.90$3,212
Dec 1998331,6199.201.77$3,175
Nov 1998291,74210.892.19$4,123
Oct 1998291,83212.421.97$3,968
Sep 1998321,79112.592.08$4,133
Aug 1998161,88911.301.91$3,784
Jul 1998121,96011.742.24$4,526
Jun 1998151,98411.242.24$4,607
May 1998251,65112.622.21$3,958
Apr 1998251,53213.042.51$4,164
Mar 1998241,58012.802.31$3,956
Feb 1998211,49513.952.30$3,730
Jan 1998271,66914.702.15$3,993
Dec 1997271,71616.322.41$4,578
Nov 1997231,68218.193.09$5,613
Oct 1997221,68019.253.15$5,715
Sep 1997211,52717.742.95$4,885
Aug 1997141,78017.862.55$4,797
Jul 1997171,72117.582.25$4,166
Jun 1997181,84217.242.26$4,468
May 1997221,88418.972.31$4,767
Apr 1997241,88517.882.08$4,355
Mar 1997201,99218.951.94$4,242
Feb 1997291,73320.492.21$4,417
Jan 1997251,88223.483.54$7,249
Dec 1996292,04723.32$676
Nov 1996302,12321.97$659
Oct 1996432,61723.31$1,002
Sep 1996542,63722.22$1,200
Aug 1996363,18520.26$729
Jul 1996283,42519.55$547
Jun 1996313,27118.73$581
May 1996392,50219.43$758
Apr 1996402,38221.51$860
Mar 1996472,74119.38$911
Feb 1996393,05616.98$662
Jan 1996433,61317.07$734
Dec 1995453,77217.19$774
Nov 1995313,28616.00$496
Oct 1995202,40315.43$309
Sep 1995903,96816.18$1,456
Aug 1995373,61915.92$589
Jul 1995312,82515.24$472
Jun 1995183,35916.41$295
May 1995573,21517.56$1,001
Apr 1995664,39417.73$1,170
Mar 1995574,45616.44$937
Feb 1995393,05816.58$647
Jan 1995434,13515.92$685
Dec 1994796,16215.03$1,187
Nov 1994506,07015.90$795
Oct 1994152,08015.58$234
Sep 1994587,68115.29$887
Aug 1994327,93316.13$516
Jul 1994327,82617.56$562
Jun 19941734,86217.09$2,957
May 1994111,01915.88$175
Apr 199424,73614.14$28
Mar 1994192,67712.46$237

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.

May 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $106.41 =         $0
Gas                  430 Mcf  × $  3.05 =     $1,310

────────────────────────────────────────────────────
Month total                                   $1,310

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/148893 is the state's own key, not one this site invented.