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 149780District 08Field 200977002 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.0 M
May 1994 – May 2026
Value, last 12 filed months
$1 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 Gas111994-10-13130801
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
CondensateDisposition8,840 bbl$223,916
GasProduction264,450 Mcf$789,806
Total$1,013,723

85,336 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 31.7727, -101.1648. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.77272, -101.16478 · 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
8,040 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 8,040 ft.

Completions filed
Oct 1992
1 of 1 wells

1 well

42-4313250558,040 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 2026035106.413.05$107
Apr 202603598.932.87$100
Mar 202604589.753.15$142
Feb 202602763.503.75$101
Jan 202602959.138.00$232
Dec 202504256.664.41$185
Nov 202503758.593.93$145
Oct 202503759.383.30$122
Sep 202503062.743.08$92
Aug 202503363.933.01$99
Jul 202502966.743.32$96
Jun 202502366.483.13$72
May 202502160.553.23$68
Apr 202502362.363.54$81
Mar 202502567.704.27$107
Feb 202503070.884.34$130
Jan 202503274.324.28$137
Dec 202405868.993.12$181
Nov 202402169.052.20$46
Oct 202403271.372.28$73
Sep 202403169.612.36$73
Aug 20240475.632.06$8
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 202301477.892.81$39
Oct 202304685.443.09$142
Sep 202305389.042.74$145
Aug 202303580.522.67$94
Jul 202303774.852.64$98
Jun 202302568.962.26$56
May 202302970.622.23$65
Apr 202301678.122.24$36
Mar 202302672.852.39$62
Feb 202304175.112.47$101
Jan 202304776.533.39$159
Dec 202205176.415.73$292
Nov 202205085.005.65$282
Oct 202206287.185.86$364
Sep 202205384.888.16$433
Aug 202206594.529.13$593
Jul 2022046101.587.54$347
Jun 2022024115.097.98$191
May 2022035109.378.43$295
Apr 2022038104.226.84$260
Mar 2022021108.885.08$107
Feb 20220891.054.86$39
Jan 20220781.844.54$32
Dec 20210371.323.90$12
Nov 202101377.435.24$68
Oct 202102579.795.71$143
Sep 202103069.865.35$161
Aug 202104066.024.22$169
Jul 202114570.783.98$250
Jun 2021174069.493.38$1,317
May 2021844863.483.02$5,477
Apr 202108060.362.76$221
Mar 2021013961.302.72$378
Feb 202108557.805.55$472
Jan 2021013250.412.81$371
Dec 2020010244.642.68$273
Nov 202008738.772.71$235
Oct 202007536.972.48$186
Sep 2020020237.091.99$402
Aug 2020015739.982.39$374
Jul 2020013238.371.83$241
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 202001714.751.80$31
Mar 202006830.341.86$126
Feb 2020013449.881.98$265
Jan 2020014857.252.09$310
Dec 2019013659.012.30$313
Nov 2019015255.302.75$418
Oct 2019012653.472.42$305
Sep 2019015555.052.66$412
Aug 2019013653.112.30$313
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 201901962.632.75$52
Mar 2019011356.803.06$346
Feb 2019010450.852.79$290
Jan 2019015546.033.23$500
Dec 2018014846.594.19$619
Nov 2018010552.934.24$445
Oct 2018020561.443.40$697
Sep 2018018759.543.11$581
Aug 2018012059.403.07$368
Jul 2018016165.142.93$472
Jun 2018019460.183.08$597
May 2018019565.382.90$566
Apr 2018030263.842.90$876
Mar 2018033061.222.79$920
Feb 201807161.782.77$196
Jan 2018010662.874.01$425
Dec 2017010157.272.92$295
Nov 2017013855.423.12$430
Oct 2017017049.292.98$507
Sep 2017013947.523.09$429
Aug 2017019745.373.00$592
Jul 2017016643.873.09$512
Jun 2017012442.493.09$383
May 2017015045.373.26$490
Apr 2017017547.933.21$562
Mar 2017023746.772.98$707
Feb 2017015150.452.95$446
Jan 2017013749.413.42$468
Dec 2016014748.763.72$547
Nov 2016017042.492.64$450
Oct 2016125246.193.09$825
Sep 2016023141.553.10$716
Aug 2016026441.442.92$772
Jul 2016029241.622.92$854
Jun 2016035145.352.69$943
May 2016026242.521.99$522
Apr 2016016436.561.99$327
Mar 2016021133.011.79$379
Feb 201606726.472.06$138
Jan 20160027.352.36$0
Dec 2015013032.362.00$260
Nov 2015018838.792.17$407
Oct 2015027543.552.43$667
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 201509456.152.88$271
May 2015016355.212.96$482
Apr 2015018549.822.71$501
Mar 2015023742.892.93$696
Feb 2015018844.662.98$560
Jan 2015021843.433.10$676
Dec 2014021754.693.59$779
Nov 2014019770.464.25$838
Oct 2014020978.303.90$815
Sep 2014021386.164.05$862
Aug 2014024089.394.04$968
Jul 2014027096.564.18$1,128
Jun 2014037698.164.74$1,781
May 2014039294.734.73$1,853
Apr 2014019595.944.81$938
Mar 2014018195.895.06$915
Feb 2014019497.406.19$1,201
Jan 2014021490.404.86$1,040
Dec 2013024791.824.35$1,076
Nov 2013026288.853.74$979
Oct 2013027597.423.78$1,039
Sep 20130312104.113.72$1,160
Aug 20130257104.253.52$905
Jul 20130262102.523.72$974
Jun 2013029794.403.93$1,168
May 2013028594.834.15$1,182
Apr 2013020793.964.28$887
Mar 2013036893.623.91$1,440
Feb 2013016791.233.42$571
Jan 2013017191.603.42$585
Dec 2012025986.773.42$886
Nov 2012032386.953.62$1,171
Oct 2012036989.383.40$1,254
Sep 2012038294.672.92$1,115
Aug 2012030292.662.91$878
Jul 2012033885.133.02$1,021
Jun 2012032279.822.52$811
May 2012031091.612.49$771
Apr 20120424101.652.00$847
Mar 20120571105.052.22$1,269
Feb 20120412101.102.57$1,059
Jan 2012021398.092.73$582
Dec 2011021696.873.24$700
Nov 2011024795.723.31$818
Oct 2011024284.983.65$883
Sep 2011029083.623.99$1,156
Aug 2011037683.404.15$1,560
Jul 2011023194.144.52$1,043
Jun 2011026492.904.64$1,225
May 2011033998.134.40$1,493
Apr 20110227105.964.33$984
Mar 2011037496.364.06$1,517
Feb 2011036885.644.18$1,538
Jan 2011046986.504.59$2,152
Dec 2010032885.734.35$1,426
Nov 2010042080.843.80$1,594
Oct 2010045078.103.51$1,579
Sep 2010045572.633.98$1,811
Aug 2010055073.684.42$2,431
Jul 2010056672.554.74$2,681
Jun 2010056170.364.91$2,755
May 2010049071.124.24$2,075
Apr 2010034481.694.12$1,418
Mar 2010039278.394.39$1,720
Feb 2010038173.585.44$2,074
Jan 2010043574.365.96$2,594
Dec 2009029271.445.48$1,601
Nov 2009044274.593.75$1,658
Oct 2009037472.544.11$1,537
Sep 2009142865.543.06$1,377
Aug 2009046667.423.22$1,500
Jul 2009052361.133.46$1,812
Jun 2009050966.163.90$1,983
May 2009047254.743.93$1,853
Apr 2009038246.773.59$1,370
Mar 2009053942.144.06$2,188
Feb 2009052532.814.63$2,432
Jan 2009062035.865.37$3,330
Dec 2008035237.105.98$2,104
Nov 2008124955.496.86$1,764
Oct 2008331875.246.92$2,427
Sep 20083451101.767.88$3,858
Aug 200818786114.228.48$8,724
Jul 200829601131.0811.39$10,646
Jun 200814574131.3313.03$9,319
May 200831560123.1711.57$10,300
Apr 200831761110.3110.45$11,376
Mar 20085660101.909.66$6,888
Feb 2008860492.538.77$6,038
Jan 20081780790.388.21$8,158
Dec 20071378788.337.30$6,895
Nov 2007893291.677.29$7,529
Oct 2007496682.856.92$7,018
Sep 2007486675.846.24$5,711
Aug 20072064769.066.39$5,514
Jul 20071265270.906.39$5,016
Jun 20071162562.007.55$5,400
May 2007562958.747.85$5,229
Apr 20072073759.617.81$6,945
Mar 20071265456.927.30$5,459
Feb 2007654455.108.22$4,800
Jan 2007557250.306.73$4,099
Dec 20061662756.656.92$5,244
Nov 2006769954.207.62$5,704
Oct 2006067354.906.01$4,047
Sep 2006070060.085.04$3,526
Aug 2006548468.717.34$3,896
Jul 20062256269.376.34$5,091
Jun 20062563266.286.38$5,692
May 20062766366.016.42$6,042
Apr 20062848764.397.36$5,387
Mar 20063050356.707.08$5,264
Feb 20062154357.597.75$5,418
Jan 20061369360.598.93$6,978
Dec 20051570754.9413.42$10,309
Nov 20051371954.6910.59$8,324
Oct 20051877858.3413.80$11,783
Sep 20051875461.4512.08$10,214
Aug 20051774961.519.80$8,384
Jul 20053360055.697.84$6,544
Jun 20052157552.337.38$5,343
May 20053366045.226.65$5,882
Apr 20054175849.207.36$7,596
Mar 20053678650.377.15$7,437
Feb 20052964145.226.31$5,357
Jan 20052664743.166.32$5,213
Dec 20042465439.866.75$5,372
Nov 20043373145.286.33$6,122
Oct 20044979549.706.52$7,615
Sep 20046478043.245.28$6,889
Aug 20043479642.375.55$5,859
Jul 20043481038.286.08$6,230
Jun 20043578436.106.43$6,307
May 20044277437.486.49$6,601
Apr 20044874934.475.86$6,043
Mar 20042581134.365.53$5,344
Feb 20041178732.455.51$4,693
Jan 20042879332.036.30$5,892
Dec 20032983430.266.30$6,133
Nov 20033285128.804.60$4,832
Oct 20033588028.174.76$5,174
Sep 20033383726.314.75$4,843
Aug 20033397129.765.13$5,963
Jul 2003351,08729.415.17$6,650
Jun 2003231,04028.565.98$6,879
May 2003241,29226.595.97$8,355
Apr 2003221,14426.675.41$6,773
Mar 20031890231.146.10$6,059
Feb 20031686533.487.93$7,392
Jan 20031085530.315.58$5,076
Dec 20022581126.914.85$4,609
Nov 20025287924.664.14$4,919
Oct 20024484026.464.23$4,717
Sep 20024475527.443.64$3,952
Aug 20024480225.963.16$3,680
Jul 20022689824.583.06$3,389
Jun 20021094723.733.34$3,399
May 2002898124.663.58$3,713
Apr 20021497923.653.51$3,770
Mar 2002241,01922.003.10$3,690
Feb 20023079818.222.38$2,442
Jan 20024785717.172.38$2,843
Dec 20017385716.932.36$3,262
Nov 200113089618.072.41$4,504
Oct 200118099819.782.53$6,084
Sep 200116599624.262.25$6,245
Aug 2001381,11024.873.05$4,334
Jul 2001391,14223.933.20$4,584
Jun 2001251,10124.563.82$4,824
May 2001381,23425.524.31$6,285
Apr 2001291,13324.685.34$6,761
Mar 2001921,16524.545.38$8,521
Feb 2001201,23327.755.77$7,666
Jan 2001251,23927.478.40$11,093
Dec 2000341,30326.889.12$12,801
Nov 2000491,25732.215.66$8,690
Oct 2000471,28831.235.15$8,095
Sep 2000431,25031.875.19$7,854
Aug 2000771,40729.644.54$8,671
Jul 2000771,43928.534.09$8,082
Jun 2000721,35129.304.40$8,050
May 2000821,30227.263.68$7,026
Apr 2000671,22524.513.12$5,459
Mar 2000611,35628.422.86$5,611
Feb 2000581,21227.622.73$4,906
Jan 2000691,30025.272.48$4,968
Dec 1999811,22224.282.42$4,928
Nov 19991241,26923.192.43$5,964
Oct 19991341,45020.982.80$6,877
Sep 19991161,36821.752.62$6,106
Aug 19991581,35119.262.88$6,928
Jul 19991121,32417.892.37$5,145
Jun 19991001,28415.942.36$4,627
May 19991021,30015.792.32$4,628
Apr 19991021,26315.102.21$4,329
Mar 1999891,33312.471.84$3,560
Feb 1999841,3459.981.82$3,283
Jan 1999771,54210.381.90$3,729
Dec 19981491,5579.201.77$4,132
Nov 1998491,51710.892.19$3,849
Oct 1998491,59512.421.97$3,749
Sep 1998581,56012.592.08$3,979
Aug 1998681,46111.301.91$3,555
Jul 1998531,51611.742.24$4,014
Jun 1998621,53511.242.24$4,131
May 1998831,24512.622.21$3,794
Apr 1998831,15613.042.51$3,978
Mar 1998811,19212.802.31$3,790
Feb 1998691,12813.952.30$3,556
Jan 1998891,25914.702.15$4,021
Dec 1997891,29516.322.41$4,575
Nov 1997681,36118.193.09$5,440
Oct 1997651,36019.253.15$5,535
Sep 1997611,23617.742.95$4,734
Aug 1997321,27917.862.55$3,839
Jul 1997391,23717.582.25$3,465
Jun 1997431,32417.242.26$3,730
May 1997701,53618.972.31$4,874
Apr 1997731,53817.882.08$4,509
Mar 1997621,62418.951.94$4,324
Feb 1997621,95220.492.21$5,576
Jan 1997522,12023.483.54$8,725
Dec 1996612,30723.32$1,423
Nov 1996551,86821.97$1,208
Oct 1996792,30423.31$1,841
Sep 1996952,32222.22$2,111
Aug 1996443,00320.26$891
Jul 1996343,23019.55$665
Jun 1996392,98118.73$730
May 1996692,13819.43$1,341
Apr 1996702,03521.51$1,506
Mar 1996822,34119.38$1,589
Feb 1996672,41216.98$1,138
Jan 1996732,85217.07$1,246
Dec 1995752,97817.19$1,289
Nov 1995502,73816.00$800
Oct 1995972,69515.43$1,497
Sep 19951172,49116.18$1,893
Aug 19951094,06615.92$1,735
Jul 1995873,66715.24$1,326
Jun 19951234,45516.41$2,018
May 1995622,56117.56$1,089
Apr 19951145,86117.73$2,021
Mar 19951476,22416.44$2,417
Feb 19951444,62516.58$2,388
Jan 19952685,16115.92$4,267
Dec 19941657115.03$240
Nov 19943347715.90$525
Oct 1994111,20415.58$171
Sep 19941084515.29$153
Aug 19944094116.13$645
Jul 1994441,53317.56$773
Jun 1994391,49217.09$667
May 19942595815.88$397

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                   35 Mcf  × $  3.05 =       $107

────────────────────────────────────────────────────
Month total                                     $107

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/149780 is the state's own key, not one this site invented.