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 149778District 08Field 200977002 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.3 M
May 1994 – May 2026
Value, last 12 filed months
$14 k
at the published price for each month
Months reported
385
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 Gas111994-10-10130743
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
CondensateDisposition8,189 bbl$249,033
GasProduction347,166 Mcf$1,059,695
Total$1,308,729

90,506 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 31.7713, -101.1703. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.77130, -101.17033 · 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
8,090 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 8,090 ft.

Completions filed
Oct 1992
1 of 1 wells

1 well

42-4313250138,090 ftOct 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 (385)

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

385 months

May 20261226106.413.05$795
Apr 2026022798.932.87$651
Mar 2026032489.753.15$1,020
Feb 2026050763.503.75$1,901
Jan 2026030859.138.00$2,463
Dec 2025133656.664.41$1,540
Nov 2025229658.593.93$1,279
Oct 2025229559.383.30$1,094
Sep 2025324162.743.08$930
Aug 2025226963.933.01$939
Jul 2025322966.743.32$959
Jun 2025418866.483.13$854
May 2025317160.553.23$734
Apr 2025218562.363.54$780
Mar 2025219967.704.27$985
Feb 2025524270.884.34$1,405
Jan 2025825874.324.28$1,698
Dec 2024645868.993.12$1,844
Nov 2024316769.052.20$574
Oct 2024525371.372.28$934
Sep 2024024969.612.36$589
Aug 2024128675.632.06$666
Jul 2024029779.932.15$638
Jun 2024032278.082.63$848
May 2024141878.812.20$998
Apr 2024011084.451.66$183
Mar 2024227680.301.55$587
Feb 2024031576.091.78$562
Jan 2024231073.023.30$1,168
Dec 2023137271.262.61$1,042
Nov 2023333077.892.81$1,160
Oct 2023337485.443.09$1,411
Sep 2023142389.042.74$1,246
Aug 2023228580.522.67$923
Jul 2023529974.852.64$1,164
Jun 2023020268.962.26$456
May 2023123470.622.23$592
Apr 2023012978.122.24$289
Mar 2023221472.852.39$658
Feb 2023332775.112.47$1,032
Jan 2023438076.533.39$1,593
Dec 2022340776.415.73$2,561
Nov 2022439885.005.65$2,587
Oct 2022449287.185.86$3,234
Sep 2022442484.888.16$3,801
Aug 2022353094.529.13$5,121
Jul 20223376101.587.54$3,141
Jun 20221197115.097.98$1,687
May 20223278109.378.43$2,673
Apr 20222304104.226.84$2,287
Mar 20221208108.885.08$1,165
Feb 2022010491.054.86$505
Jan 2022010381.844.54$467
Dec 202104971.323.90$191
Nov 2021018477.435.24$964
Oct 2021036179.795.71$2,063
Sep 2021044069.865.35$2,354
Aug 2021057866.024.22$2,440
Jul 2021054170.783.98$2,154
Jun 2021056369.493.38$1,903
May 2021649863.483.02$1,884
Apr 20211830960.362.76$1,939
Mar 20211955461.302.72$2,670
Feb 2021934957.805.55$2,456
Jan 20211650750.412.81$2,231
Dec 2020129244.642.68$826
Nov 2020631838.772.71$1,093
Oct 2020643236.972.48$1,293
Sep 2020555637.091.99$1,292
Aug 2020439839.982.39$1,109
Jul 2020563238.371.83$1,345
Jun 2020674834.901.69$1,474
May 20200016.921.81$0
Apr 2020324114.751.80$479
Mar 20201134530.341.86$974
Feb 20201635449.881.98$1,499
Jan 20201237757.252.09$1,477
Dec 20191434559.012.30$1,621
Nov 20191438155.302.75$1,822
Oct 2019721953.472.42$904
Sep 2019525255.052.66$945
Aug 2019541353.112.30$1,217
Jul 20191641056.272.46$1,909
Jun 20191452652.782.49$2,049
May 20191251358.482.74$2,108
Apr 20191258462.632.75$2,358
Mar 20191658856.803.06$2,709
Feb 20191448850.852.79$2,075
Jan 20191633546.033.23$1,818
Dec 20181530146.594.19$1,959
Nov 20181428552.934.24$1,949
Oct 2018742361.443.40$1,867
Sep 20181237559.543.11$1,880
Aug 20181342259.403.07$2,066
Jul 20181037165.142.93$1,739
Jun 2018635760.183.08$1,460
May 2018737065.382.90$1,531
Apr 20181245563.842.90$2,086
Mar 2018852061.222.79$1,939
Feb 2018646861.782.77$1,665
Jan 20181463762.874.01$3,434
Dec 20175533357.272.92$4,123
Nov 20171148055.423.12$2,106
Oct 20172848949.292.98$2,839
Sep 20171130547.523.09$1,464
Aug 20171332945.373.00$1,578
Jul 20171333443.873.09$1,601
Jun 20171041042.493.09$1,691
May 20171276945.373.26$3,054
Apr 20171469247.933.21$2,893
Mar 20171139346.772.98$1,687
Feb 2017012650.452.95$372
Jan 2017013449.413.42$458
Dec 2016016148.763.72$599
Nov 2016022442.492.64$592
Oct 2016022846.193.09$705
Sep 2016017141.553.10$530
Aug 2016025341.442.92$740
Jul 2016031941.622.92$933
Jun 2016031945.352.69$857
May 2016027342.521.99$544
Apr 2016026336.561.99$524
Mar 2016046033.011.79$825
Feb 2016020226.472.06$417
Jan 20160027.352.36$0
Dec 2015038132.362.00$763
Nov 2015054238.792.17$1,175
Oct 2015082343.552.43$1,997
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 2015030156.152.88$868
May 2015051955.212.96$1,534
Apr 2015052249.822.71$1,413
Mar 2015033642.892.93$986
Feb 2015034444.662.98$1,024
Jan 2015038843.433.10$1,203
Dec 2014039454.693.59$1,415
Nov 2014035370.464.25$1,501
Oct 2014037378.303.90$1,455
Sep 2014037986.164.05$1,533
Aug 2014038389.394.04$1,545
Jul 2014035896.564.18$1,496
Jun 2014035698.164.74$1,686
May 2014038794.734.73$1,829
Apr 2014038995.944.81$1,871
Mar 2014042295.895.06$2,134
Feb 2014041997.406.19$2,594
Jan 2014045590.404.86$2,212
Dec 2013045091.824.35$1,960
Nov 2013048088.853.74$1,794
Oct 2013052197.423.78$1,969
Sep 20130476104.113.72$1,770
Aug 20130445104.253.52$1,568
Jul 20130419102.523.72$1,558
Jun 201309294.403.93$362
May 201305994.834.15$245
Apr 201304193.964.28$176
Mar 201308293.623.91$321
Feb 2013013491.233.42$458
Jan 2013013791.603.42$469
Dec 2012014686.773.42$499
Nov 2012017286.953.62$623
Oct 2012019789.383.40$670
Sep 2012020394.672.92$592
Aug 2012024192.662.91$701
Jul 2012036485.133.02$1,100
Jun 2012034779.822.52$874
May 2012030391.612.49$754
Apr 20120403101.652.00$805
Mar 20120542105.052.22$1,204
Feb 20120451101.102.57$1,159
Jan 2012022998.092.73$626
Dec 2011021096.873.24$680
Nov 2011013295.723.31$437
Oct 2011014484.983.65$525
Sep 2011026183.623.99$1,040
Aug 2011025283.404.15$1,046
Jul 2011028194.144.52$1,269
Jun 2011037192.904.64$1,721
May 2011045598.134.40$2,004
Apr 20110276105.964.33$1,196
Mar 2011043496.364.06$1,761
Feb 2011048485.644.18$2,023
Jan 2011061686.504.59$2,827
Dec 2010043085.734.35$1,870
Nov 2010055280.843.80$2,095
Oct 2010059278.103.51$2,077
Sep 2010055772.633.98$2,217
Aug 2010054073.684.42$2,386
Jul 2010055572.554.74$2,629
Jun 2010055070.364.91$2,701
May 2010054271.124.24$2,295
Apr 2010625181.694.12$1,525
Mar 20101266078.394.39$3,837
Feb 2010967073.585.44$4,309
Jan 20101882874.365.96$6,277
Dec 20091873271.445.48$5,300
Nov 20094881674.593.75$6,642
Oct 20091260372.544.11$3,349
Sep 20091683265.543.06$3,599
Aug 20092588467.423.22$4,531
Jul 20091278761.133.46$3,460
Jun 20092170166.163.90$4,120
May 20093277354.743.93$4,786
Apr 20093677546.773.59$4,464
Mar 20093383242.144.06$4,768
Feb 20091079832.814.63$4,025
Jan 20093993135.865.37$6,399
Dec 20087084537.105.98$7,648
Nov 20083687055.496.86$7,966
Oct 20083067475.246.92$6,923
Sep 20086637101.767.88$5,628
Aug 20082291114.228.48$2,697
Jul 20084470131.0811.39$5,877
Jun 200812449131.3313.03$7,428
May 200811432123.1711.57$6,355
Apr 200813503110.3110.45$6,693
Mar 200810490101.909.66$5,754
Feb 20081770692.538.77$7,765
Jan 2008872790.388.21$6,689
Dec 2007862888.337.30$5,292
Nov 2007860991.677.29$5,174
Oct 2007377282.856.92$5,592
Sep 2007275475.846.24$4,860
Aug 20071046769.066.39$3,674
Jul 2007647170.906.39$3,434
Jun 2007548662.007.55$3,979
May 2007150058.747.85$3,982
Apr 2007647659.617.81$4,073
Mar 20071573156.927.30$6,192
Feb 20071169655.108.22$6,324
Jan 2007985750.306.73$6,218
Dec 20063084756.656.92$7,559
Nov 20063161954.207.62$6,395
Oct 20062655354.906.01$4,753
Sep 20063063060.085.04$4,976
Aug 20061058368.717.34$4,966
Jul 20061661069.376.34$4,979
Jun 20062263266.286.38$5,493
May 20061982966.016.42$6,581
Apr 20061388364.397.36$7,336
Mar 20061491256.707.08$7,253
Feb 20061880357.597.75$7,261
Jan 20063280860.598.93$9,157
Dec 20053882454.9413.42$13,142
Nov 20053482654.6910.59$10,605
Oct 20053695158.3413.80$15,220
Sep 20053795361.4512.08$13,785
Aug 20052398761.519.80$11,084
Jul 20053389955.697.84$8,889
Jun 20051980652.337.38$6,943
May 20053086045.226.65$7,077
Apr 20052575849.207.36$6,809
Mar 20052176050.377.15$6,495
Feb 20052277645.226.31$5,893
Jan 20052692943.166.32$6,995
Dec 20042493839.866.75$7,289
Nov 2004271,02345.286.33$7,699
Oct 2004331,14849.706.52$9,119
Sep 2004431,12643.245.28$7,809
Aug 2004271,09642.375.55$7,228
Jul 2004341,00538.286.08$7,416
Jun 20043597336.106.43$7,523
May 2004361,01037.486.49$7,909
Apr 20044196334.475.86$7,055
Mar 2004211,04334.365.53$6,490
Feb 2004101,01232.455.51$5,900
Jan 2004281,01932.036.30$7,316
Dec 2003291,07230.266.30$7,633
Nov 2003321,07828.804.60$5,875
Oct 2003351,11528.174.76$6,293
Sep 2003331,06026.314.75$5,903
Aug 2003311,19129.765.13$7,032
Jul 2003301,28529.415.17$7,527
Jun 2003231,11828.565.98$7,346
May 2003321,12026.595.97$7,540
Apr 2003271,05226.675.41$6,409
Mar 2003987431.146.10$5,608
Feb 2003883833.487.93$6,910
Jan 2003795730.315.58$5,554
Dec 2002251,09126.914.85$5,968
Nov 2002511,18224.664.14$6,148
Oct 2002411,14426.464.23$5,923
Sep 2002381,06827.443.64$4,925
Aug 2002381,13425.963.16$4,575
Jul 2002261,17024.583.06$4,221
Jun 2002131,03023.733.34$3,747
May 2002111,06824.663.58$4,099
Apr 2002161,15723.653.51$4,442
Mar 2002251,20522.003.10$4,289
Feb 2002221,16018.222.38$3,157
Jan 2002341,32117.172.38$3,722
Dec 2001401,32216.932.36$3,803
Nov 2001301,09918.072.41$3,186
Oct 20014399819.782.53$3,374
Sep 20015099124.262.25$3,444
Aug 2001561,26424.873.05$5,252
Jul 2001591,30123.933.20$5,571
Jun 2001331,25424.563.82$5,606
May 2001401,31425.524.31$6,681
Apr 2001881,58824.685.34$10,644
Mar 20012631,49824.545.38$14,508
Feb 2001441,23327.755.77$8,332
Jan 2001451,44527.478.40$13,372
Dec 2000471,46726.889.12$14,646
Nov 2000391,39132.215.66$9,126
Oct 2000371,42531.235.15$8,488
Sep 2000341,38331.875.19$8,257
Aug 2000621,55729.644.54$8,908
Jul 2000621,59328.534.09$8,284
Jun 2000591,49429.304.40$8,298
May 2000821,36027.263.68$7,240
Apr 2000671,28024.513.12$5,631
Mar 2000621,41628.422.86$5,811
Feb 2000641,33727.622.73$5,413
Jan 2000751,43425.272.48$5,452
Dec 1999761,30424.282.42$5,006
Nov 1999161,59923.192.43$4,263
Oct 1999171,82720.982.80$5,479
Sep 1999141,72421.752.62$4,819
Aug 1999201,70219.262.88$5,279
Jul 1999141,66917.892.37$4,210
Jun 1999131,61715.942.36$4,027
May 1999131,63815.792.32$4,007
Apr 1999131,59115.102.21$3,709
Mar 1999111,68012.471.84$3,226
Feb 1999101,6959.981.82$3,181
Jan 1999101,94210.381.90$3,794
Dec 1998261,9629.201.77$3,718
Nov 1998691,88210.892.19$4,865
Oct 1998681,97912.421.97$4,742
Sep 1998781,93512.592.08$5,012
Aug 1998602,13911.301.91$4,758
Jul 1998462,21811.742.24$5,502
Jun 1998502,24611.242.24$5,587
May 1998422,40412.622.21$5,834
Apr 1998422,23113.042.51$6,137
Mar 1998402,30212.802.31$5,828
Feb 1998342,17813.952.30$5,482
Jan 1998442,42914.702.15$5,881
Dec 1997462,49816.322.41$6,774
Nov 1997402,40318.193.09$8,149
Oct 1997392,40119.253.15$8,313
Sep 1997402,18117.742.95$7,154
Aug 1997371,69617.862.55$4,994
Jul 1997431,64117.582.25$4,443
Jun 1997421,63817.242.26$4,421
May 1997402,69618.972.31$6,983
Apr 1997422,69917.882.08$6,372
Mar 1997362,85018.951.94$6,209
Feb 1997492,22820.492.21$5,919
Jan 1997412,41923.483.54$9,525
Dec 1996482,63123.32$1,119
Nov 1996461,79921.97$1,011
Oct 1996662,22023.31$1,538
Sep 1996832,23622.22$1,844
Aug 1996612,33420.26$1,236
Jul 1996472,51319.55$919
Jun 1996532,40018.73$993
May 1996711,96819.43$1,380
Apr 1996731,87421.51$1,570
Mar 1996862,15519.38$1,667
Feb 1996762,17216.98$1,290
Jan 1996842,56717.07$1,434
Dec 1995842,68017.19$1,444
Nov 1995442,30716.00$704
Oct 1995782,91115.43$1,204
Sep 1995492,21016.18$793
Aug 1995801,75815.92$1,274
Jul 1995652,55815.24$991
Jun 1995593,21416.41$968
May 1995672,49217.56$1,177
Apr 19951182,81817.73$2,092
Mar 1995802,76216.44$1,315
Feb 19951264,62616.58$2,089
Jan 1995642,60615.92$1,019
Dec 1994493,91015.03$736
Nov 1994804,00515.90$1,272
Oct 1994774,18815.58$1,200
Sep 19941123,62315.29$1,712
Aug 1994703,70216.13$1,129
Jul 19941373,97217.56$2,406
Jun 19941204,27917.09$2,051
May 1994833,01615.88$1,318

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             1 bbl  × $106.41 =       $106
Gas                  226 Mcf  × $  3.05 =       $688

────────────────────────────────────────────────────
Month total                                     $795

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/149778 is the state's own key, not one this site invented.