STERLING 'D' 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 149772District 08Field 200977002 tax incentive programmesCondensateGasSaveExport
Value, all time
$577 k
May 1994 – Apr 2016
Value, last 12 filed months
$0
at the published price for each month
Months reported
264
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 Gas111994-12-28131182
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
CondensateDisposition4,113 bbl$110,425
GasProduction141,231 Mcf$467,050
Total$577,475

36,291 Mcf of this lease's gas, across 32 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 31.7527, -101.1871. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.75268, -101.18714 · 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
8,090 ft
1 wells filed one
Completion to plug
7.8 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 8,090 ft.

Completions filed
Jul 2008
1 of 1 wells
Plug dates filed
Apr 2016
1 of 1 wells

Last completion to plug: a median of 7.8 years across the 1 well that filed both dates, with the middle half between 7.8 years and 7.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-43132677128,090 ftJul 2008Apr 2016Yes

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 (264)

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

264 months

Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
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 200727650.306.73$612
Dec 20061073756.656.92$5,665
Nov 2006770854.207.62$5,773
Oct 2006964554.906.01$4,373
Sep 20061953360.085.04$3,826
Aug 20061558268.717.34$5,302
Jul 20062156469.376.34$5,034
Jun 20068557866.286.38$9,324
May 20061158266.016.42$4,465
Apr 2006249164.397.36$3,743
Mar 2006656956.707.08$4,370
Feb 2006670657.597.75$5,818
Jan 2006986160.598.93$8,237
Dec 20051384554.9413.42$12,050
Nov 20051483554.6910.59$9,607
Oct 20052395758.3413.80$14,544
Sep 20054594061.4512.08$14,120
Aug 20053997061.519.80$11,902
Jul 20055091755.697.84$9,977
Jun 20054189752.337.38$8,766
May 20052071,03745.226.65$16,258
Apr 20051261,05649.207.36$13,972
Mar 20051171,12550.377.15$13,943
Feb 20058269145.226.31$8,070
Jan 2005037543.166.32$2,371
Dec 2004038139.866.75$2,572
Nov 2004038845.286.33$2,456
Oct 2004037249.706.52$2,424
Sep 2004036843.245.28$1,944
Aug 2004038542.375.55$2,137
Jul 2004041738.286.08$2,537
Jun 2004039636.106.43$2,547
May 2004038437.486.49$2,494
Apr 2004036734.475.86$2,150
Mar 2004040234.365.53$2,223
Feb 2004052532.455.51$2,893
Jan 2004049232.036.30$3,099
Dec 2003052030.266.30$3,277
Nov 2003062028.804.60$2,849
Oct 2003066628.174.76$3,170
Sep 2003064226.314.75$3,049
Aug 2003034629.765.13$1,775
Jul 2003062329.415.17$3,221
Jun 2003060828.565.98$3,638
May 2003065826.595.97$3,930
Apr 2003380326.675.41$4,422
Mar 2003595631.146.10$5,984
Feb 2003478033.487.93$6,316
Jan 2003064230.315.58$3,584
Dec 2002061726.914.85$2,995
Nov 2002168424.664.14$2,854
Oct 2002767026.464.23$3,019
Sep 20021374427.443.64$3,061
Aug 20021877025.963.16$2,904
Jul 20021482024.583.06$2,855
Jun 20021279823.733.34$2,949
May 20021084624.663.58$3,279
Apr 2002568923.653.51$2,538
Mar 20021673722.003.10$2,639
Feb 20022864118.222.38$2,033
Jan 20025176417.172.38$2,691
Dec 20015488016.932.36$2,995
Nov 20014695318.072.41$3,124
Oct 20015196619.782.53$3,452
Sep 20014492324.262.25$3,145
Aug 200161,23224.873.05$3,911
Jul 200161,24723.933.20$4,130
Jun 2001101,24724.563.82$5,014
May 2001301,50725.524.31$7,257
Apr 2001211,44524.685.34$8,228
Mar 200181,42724.545.38$7,869
Feb 2001191,15227.755.77$7,171
Jan 2001251,24727.478.40$11,160
Dec 2000301,31626.889.12$12,812
Nov 2000311,29532.215.66$8,326
Oct 2000341,33231.235.15$7,916
Sep 2000281,32231.875.19$7,749
Aug 2000471,40229.644.54$7,759
Jul 2000441,38328.534.09$6,911
Jun 2000351,30529.304.40$6,764
May 2000531,23727.263.68$5,997
Apr 2000451,18524.513.12$4,795
Mar 2000381,31228.422.86$4,832
Feb 2000121,00727.622.73$3,077
Jan 2000111,10725.272.48$3,024
Dec 1999141,13824.282.42$3,098
Nov 1999361,46823.192.43$4,408
Oct 1999361,50920.982.80$4,986
Sep 1999301,45721.752.62$4,468
Aug 1999321,44419.262.88$4,769
Jul 1999271,48017.892.37$3,994
Jun 1999301,51415.942.36$4,054
May 1999311,59515.792.32$4,192
Apr 1999291,52615.102.21$3,807
Mar 1999241,55712.471.84$3,162
Feb 1999211,4129.981.82$2,776
Jan 1999221,80110.381.90$3,650
Dec 1998311,6789.201.77$3,261
Nov 19985097810.892.19$2,682
Oct 19987499412.421.97$2,876
Sep 19985499512.592.08$2,752
Aug 19985945911.301.91$1,542
Jul 19985047411.742.24$1,647
Jun 19984846111.242.24$1,571
May 1998954212.622.21$1,309
Apr 1998852013.042.51$1,407
Mar 1998555012.802.31$1,334
Feb 1998448513.952.30$1,171
Jan 1998756314.702.15$1,316
Dec 1997754316.322.41$1,423
Nov 19971953018.193.09$1,982
Oct 19972261019.253.15$2,345
Sep 19973261217.742.95$2,376
Aug 1997441,14217.862.55$3,703
Jul 1997571,26117.582.25$3,835
Jun 19973874917.242.26$2,346
May 19972974618.972.31$2,272
Apr 19972278517.882.08$2,028
Mar 19972060618.951.94$1,554
Feb 19972873320.492.21$2,191
Jan 19972379623.483.54$3,358
Dec 19962286023.32$513
Nov 1996689921.97$132
Oct 1996894623.31$186
Sep 1996791822.22$156
Aug 19961147120.26$223
Jul 1996947619.55$176
Jun 19961046118.73$187
May 1996131,03419.43$253
Apr 19961598021.51$323
Mar 1996161,05219.38$310
Feb 19961265516.98$204
Jan 19961470217.07$239
Dec 19951562017.19$258
Nov 19952052216.00$320
Oct 19951574815.43$231
Sep 19951302,88516.18$2,103
Aug 1995496815.92$64
Jul 199531,31115.24$46
Jun 199551,09416.41$82
May 1995511,51217.56$896
Apr 1995501,41217.73$887
Mar 1995331,68816.44$543
Feb 1995496316.58$66
Jan 1995111,13315.92$175
Dec 1994351,45315.03$526
Nov 1994421,52515.90$668
Oct 19941172,24215.58$1,823
Sep 1994261,82515.29$398
Aug 1994471,68416.13$758
Jul 19941221,33217.56$2,142
Jun 199418891917.09$3,213
May 19941061,00115.88$1,683

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 2007 — as filed, then multipliedworked
Condensate             2 bbl  × $ 50.30 =       $101
Gas                   76 Mcf  × $  6.73 =       $511

────────────────────────────────────────────────────
Month total                                     $612

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/149772 is the state's own key, not one this site invented.