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 149781District 08Field 200977002 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.2 M
May 1994 – May 2026
Value, last 12 filed months
$0
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 Gas111995-01-02131254
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
CondensateDisposition14,437 bbl$336,577
GasProduction353,266 Mcf$854,178
Total$1,190,754

143,822 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 31.7745, -101.1620. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.77447, -101.16201 · 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
7,930 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 7,930 ft.

Completions filed
Jul 1993
1 of 1 wells

1 well

42-4313264977,930 ftJul 1993

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 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
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 2022330108.885.08$479
Feb 202251791.054.86$538
Jan 202271781.844.54$650
Dec 20214871.323.90$316
Nov 202123277.435.24$322
Oct 202126179.795.71$508
Sep 202147569.865.35$681
Aug 2021113966.024.22$653
Jul 2021611870.783.98$895
Jun 2021013869.493.38$467
May 202109663.483.02$290
Apr 202108960.362.76$246
Mar 2021010661.302.72$288
Feb 202108857.805.55$488
Jan 2021025950.412.81$728
Dec 2020018244.642.68$487
Nov 202009738.772.71$263
Oct 202005336.972.48$131
Sep 202007437.091.99$147
Aug 202006939.982.39$165
Jul 2020012038.371.83$219
Jun 2020013534.901.69$228
May 20200016.921.81$0
Apr 202003114.751.80$56
Mar 2020012030.341.86$223
Feb 2020018649.881.98$368
Jan 2020040757.252.09$853
Dec 2019048159.012.30$1,108
Nov 2019053255.302.75$1,463
Oct 2019027853.472.42$672
Sep 2019031155.052.66$826
Aug 2019019553.112.30$449
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 201901562.632.75$41
Mar 2019012456.803.06$380
Feb 2019016050.852.79$447
Jan 2019015946.033.23$513
Dec 2018023946.594.19$1,000
Nov 2018018452.934.24$780
Oct 2018017861.443.40$605
Sep 2018017959.543.11$556
Aug 2018017059.403.07$521
Jul 2018014765.142.93$431
Jun 2018010860.183.08$332
May 2018010265.382.90$296
Apr 2018015463.842.90$447
Mar 2018015261.222.79$424
Feb 2018013061.782.77$360
Jan 2018013462.874.01$537
Dec 2017011557.272.92$336
Nov 2017011555.423.12$359
Oct 2017014549.292.98$433
Sep 2017014047.523.09$432
Aug 2017015445.373.00$463
Jul 2017019843.873.09$611
Jun 2017017242.493.09$531
May 2017015045.373.26$490
Apr 2017013647.933.21$437
Mar 2017018346.772.98$546
Feb 201707650.452.95$224
Jan 201705649.413.42$191
Dec 201605648.763.72$208
Nov 201609442.492.64$249
Oct 2016012546.193.09$386
Sep 2016011141.553.10$344
Aug 2016011941.442.92$348
Jul 2016011841.622.92$345
Jun 2016012445.352.69$333
May 2016018542.521.99$368
Apr 2016013836.561.99$275
Mar 2016018933.011.79$339
Feb 201608026.472.06$165
Jan 20160027.352.36$0
Dec 2015015532.362.00$310
Nov 2015015338.792.17$332
Oct 2015019043.552.43$461
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 201507856.152.88$225
May 2015013555.212.96$399
Apr 2015114249.822.71$434
Mar 2015013442.892.93$393
Feb 2015013244.662.98$393
Jan 2015019343.433.10$598
Dec 2014019454.693.59$697
Nov 2014016370.464.25$693
Oct 2014015178.303.90$589
Sep 2014015186.164.05$611
Aug 2014019089.394.04$767
Jul 2014019596.564.18$815
Jun 2014019298.164.74$909
May 2014019494.734.73$917
Apr 2014017995.944.81$861
Mar 2014020495.895.06$1,032
Feb 2014017597.406.19$1,084
Jan 2014023190.404.86$1,123
Dec 2013019091.824.35$827
Nov 2013020888.853.74$778
Oct 2013021597.423.78$813
Sep 20130187104.113.72$695
Aug 20130239104.253.52$842
Jul 20130181102.523.72$673
Jun 2013016094.403.93$629
May 2013011594.834.15$477
Apr 201308393.964.28$355
Mar 2013016193.623.91$630
Feb 2013011791.233.42$400
Jan 2013012091.603.42$410
Dec 2012018386.773.42$626
Nov 2012021686.953.62$783
Oct 2012024689.383.40$836
Sep 2012025494.672.92$741
Aug 2012025392.662.91$736
Jul 2012031185.133.02$939
Jun 2012029779.822.52$748
May 2012019591.612.49$485
Apr 20120255101.652.00$509
Mar 20120343105.052.22$762
Feb 20120244101.102.57$627
Jan 2012013198.092.73$358
Dec 2011014396.873.24$463
Nov 2011016495.723.31$543
Oct 2011020684.983.65$752
Sep 2011022483.623.99$893
Aug 2011025783.404.15$1,066
Jul 2011019994.144.52$899
Jun 2011022092.904.64$1,021
May 2011019498.134.40$855
Apr 20110135105.964.33$585
Mar 2011028896.364.06$1,169
Feb 2011032385.644.18$1,350
Jan 2011041186.504.59$1,886
Dec 2010028785.734.35$1,248
Nov 2010036880.843.80$1,397
Oct 2010039578.103.51$1,386
Sep 2010037272.633.98$1,480
Aug 2010051573.684.42$2,276
Jul 2010056672.554.74$2,681
Jun 2010056070.364.91$2,750
May 2010045671.124.24$1,931
Apr 2010022481.694.12$923
Mar 2010025278.394.39$1,106
Feb 2010024173.585.44$1,312
Jan 2010036274.365.96$2,159
Dec 2009031971.445.48$1,749
Nov 2009040174.593.75$1,504
Oct 2009023372.544.11$958
Sep 2009032565.543.06$996
Aug 2009034267.423.22$1,101
Jul 2009031661.133.46$1,095
Jun 2009027866.163.90$1,083
May 2009029854.743.93$1,170
Apr 2009035546.773.59$1,274
Mar 2009040042.144.06$1,624
Feb 2009038332.814.63$1,774
Jan 2009046835.865.37$2,514
Dec 2008067937.105.98$4,058
Nov 2008031455.496.86$2,154
Oct 2008022175.246.92$1,530
Sep 20080315101.767.88$2,481
Aug 20080467114.228.48$3,962
Jul 20080337131.0811.39$3,838
Jun 20081284131.3313.03$3,833
May 20080202123.1711.57$2,338
Apr 20080239110.3110.45$2,499
Mar 20081468101.909.66$4,625
Feb 2008246392.538.77$4,246
Jan 2008461890.388.21$5,433
Dec 2007452988.337.30$4,216
Nov 2007848291.677.29$4,248
Oct 2007358082.856.92$4,263
Sep 2007257575.846.24$3,742
Aug 2007040369.066.39$2,574
Jul 2007040770.906.39$2,600
Jun 2007039662.007.55$2,989
May 2007043358.747.85$3,397
Apr 2007044359.617.81$3,458
Mar 2007253256.927.30$3,998
Feb 2007151255.108.22$4,262
Jan 2007040050.306.73$2,691
Dec 2006448556.656.92$3,582
Nov 20061259854.207.62$5,206
Oct 20061965854.906.01$5,000
Sep 20063672760.085.04$5,825
Aug 20063581668.717.34$8,394
Jul 20063260869.376.34$6,076
Jun 20061953166.286.38$4,649
May 20061970266.016.42$5,765
Apr 20061970164.397.36$6,383
Mar 20062172456.707.08$6,319
Feb 20062570657.597.75$6,912
Jan 20062878060.598.93$8,665
Dec 20052761654.9413.42$9,747
Nov 20053275654.6910.59$9,755
Oct 20057580358.3413.80$15,454
Sep 20057478061.4512.08$13,969
Aug 20054280961.519.80$10,509
Jul 20055275455.697.84$8,810
Jun 20053372352.337.38$7,063
May 20056580045.226.65$8,260
Apr 20058284849.207.36$10,276
Mar 20057288050.377.15$9,923
Feb 20055789145.226.31$8,201
Jan 20055298543.166.32$8,472
Dec 20044799539.866.75$8,591
Nov 20045089545.286.33$7,930
Oct 20046585449.706.52$8,794
Sep 20048783743.245.28$8,185
Aug 20046592642.375.55$7,894
Jul 20049497838.286.08$9,549
Jun 20049594536.106.43$9,509
May 20048998137.486.49$9,707
Apr 20048393534.475.86$8,339
Mar 2004421,01434.365.53$7,051
Feb 20042196932.455.51$6,020
Jan 20045696232.036.30$7,854
Dec 2003581,01230.266.30$8,132
Nov 2003591,17928.804.60$7,117
Oct 2003641,17428.174.76$7,391
Sep 2003591,11626.314.75$6,853
Aug 2003401,11029.765.13$6,884
Jul 2003301,05429.415.17$6,332
Jun 2003351,01228.565.98$7,054
May 2003521,26326.595.97$8,926
Apr 2003471,12626.675.41$7,342
Mar 2003441,01531.146.10$7,558
Feb 20034097433.487.93$9,059
Jan 2003171,06230.315.58$6,443
Dec 2002351,03526.914.85$5,965
Nov 2002341,27324.664.14$6,105
Oct 2002271,21626.464.23$5,857
Sep 2002251,09427.443.64$4,663
Aug 2002321,16125.963.16$4,504
Jul 2002521,22624.583.06$5,032
Jun 2002281,17023.733.34$4,570
May 2002231,21224.663.58$4,911
Apr 2002281,06823.653.51$4,413
Mar 2002471,11222.003.10$4,484
Feb 2002471,10718.222.38$3,486
Jan 2002751,28517.172.38$4,341
Dec 2001891,32616.932.36$4,642
Nov 2001481,34418.072.41$4,100
Oct 2001521,41019.782.53$4,594
Sep 2001721,33724.262.25$4,757
Aug 20011081,14124.873.05$6,170
Jul 20011131,17423.933.20$6,457
Jun 2001731,12824.563.82$6,107
May 20011151,12625.524.31$7,785
Apr 200116398324.685.34$9,267
Mar 20014771,08624.545.38$17,544
Feb 2001711,37427.755.77$9,894
Jan 2001921,47627.478.40$14,924
Dec 20001151,55326.889.12$17,258
Nov 20001281,60632.215.66$13,210
Oct 20001221,64331.235.15$12,264
Sep 20001111,59831.875.19$11,826
Aug 20002011,79729.644.54$14,117
Jul 20001981,83828.534.09$13,166
Jun 20001721,72529.304.40$12,625
May 2000821,65027.263.68$8,307
Apr 2000671,55224.513.12$6,478
Mar 2000591,66228.422.86$6,430
Feb 2000581,96027.622.73$6,946
Jan 2000692,10125.272.48$6,955
Dec 1999811,97424.282.42$6,751
Nov 19991291,95423.192.43$7,748
Oct 19991392,23320.982.80$9,177
Sep 19991202,10721.752.62$8,128
Aug 19991652,08019.262.88$9,159
Jul 19991172,03917.892.37$6,930
Jun 19991041,97715.942.36$6,328
May 19991072,00215.792.32$6,336
Apr 19991061,94515.102.21$5,895
Mar 1999932,05312.471.84$4,934
Feb 1999872,0719.981.82$4,633
Jan 1999802,37410.381.90$5,341
Dec 19981632,3989.201.77$5,752
Nov 19981222,16310.892.19$6,056
Oct 19981222,27512.421.97$5,995
Sep 19981392,15012.592.08$6,228
Aug 19981482,31711.301.91$6,092
Jul 19981132,40311.742.24$6,703
Jun 19981202,43311.242.24$6,792
May 1998832,02712.622.21$5,520
Apr 1998831,88213.042.51$5,797
Mar 1998811,94112.802.31$5,519
Feb 1998691,83613.952.30$5,184
Jan 1998892,04914.702.15$5,723
Dec 1997912,10916.322.41$6,570
Nov 1997812,02918.193.09$7,739
Oct 1997792,02619.253.15$7,902
Sep 1997821,84217.742.95$6,898
Aug 1997871,89117.862.55$6,385
Jul 19971041,82817.582.25$5,936
Jun 19971061,95717.242.26$6,245
May 1997872,31818.972.31$7,001
Apr 1997922,32117.882.08$6,479
Mar 1997792,45118.951.94$6,250
Feb 19971142,64020.492.21$8,159
Jan 1997962,86623.483.54$12,399
Dec 19961073,01823.32$2,495
Nov 1996932,88421.97$2,043
Oct 19961333,55623.31$3,100
Sep 19961643,58322.22$3,644
Aug 19961223,27620.26$2,472
Jul 1996933,47219.55$1,818
Jun 1996963,36418.73$1,798
May 1996742,72119.43$1,438
Apr 1996762,59021.51$1,635
Mar 1996922,98019.38$1,783
Feb 19961063,59116.98$1,800
Jan 19961174,44817.07$1,997
Dec 19951194,80017.19$2,046
Nov 1995804,02416.00$1,280
Oct 19951995,51415.43$3,071
Sep 19951685,89316.18$2,718
Aug 1995177,56515.92$271
Jul 19951976,16315.24$3,002
Jun 19951546,31716.41$2,527
May 19952957,44117.56$5,180
Apr 19951027,55117.73$1,808
Mar 19953738,02916.44$6,132
Feb 19953255,06516.58$5,389
Jan 19955266,72315.92$8,374
Dec 19941713,04315.03$2,570
Nov 19941522,54215.90$2,417
Oct 19942748,07215.58$4,269
Sep 19941704,95215.29$2,599
Aug 19941032,29216.13$1,661
Jul 19941443,30217.56$2,529
Jun 19941243,20917.09$2,119
May 1994711,84215.88$1,127

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.

Nov 2023 — as filed, then multipliedworked
Condensate             0 bbl  × $ 77.89 =         $0
Gas                   14 Mcf  × $  2.81 =        $39

────────────────────────────────────────────────────
Month total                                      $39

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/149781 is the state's own key, not one this site invented.