STERLING 'Q' FEE

Name: STERLING 'Q' FEE lease production and value, May 1994 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

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 149788District 08Field 200977002 tax incentive programmesCondensateGasSave Export

Value, all time

$1.3 M

May 1994 – Jun 2013

Value, last 12 filed months

at the published price for each month

Months reported

230

no gaps in the span

Streams

condensate, gas

The CONGER (PENN) field

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.

Programme	Filings	With an approval date	Dated	Docket
High Cost Gas	1	1	1994-10-13	130806
NGPA	1	none	—	—

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.

Stream	Basis	Volume	Value
Condensate	Disposition	11,247 bbl	$331,159
Gas	Production	400,718 Mcf	$938,599
Total			$1,269,758

172,379 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 31.7740, -101.1291. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.77396, -101.12907 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

8,125 ft

1 wells filed one

Completion to plug

20.5 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 8,125 ft.

Completions filed

Dec 1992

1 of 1 wells

Plug dates filed

Jun 2013

1 of 1 wells

Last completion to plug: a median of 20.5 years across the 1 well that filed both dates, with the middle half between 20.5 years and 20.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-43132509	5	8,125 ft	Dec 1992	Jun 2013	Yes

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 (230)

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

230 months


Jun 2013	0	0	94.40	3.93	$0
May 2013	0	0	94.83	4.15	$0
Apr 2013	0	0	93.96	4.28	$0
Mar 2013	0	0	93.62	3.91	$0
Feb 2013	0	0	91.23	3.42	$0
Jan 2013	0	0	91.60	3.42	$0
Dec 2012	0	0	86.77	3.42	$0
Nov 2012	0	0	86.95	3.62	$0
Oct 2012	0	0	89.38	3.40	$0
Sep 2012	0	0	94.67	2.92	$0
Aug 2012	0	0	92.66	2.91	$0
Jul 2012	0	0	85.13	3.02	$0
Jun 2012	0	0	79.82	2.52	$0
May 2012	0	0	91.61	2.49	$0
Apr 2012	0	0	101.65	2.00	$0
Mar 2012	0	0	105.05	2.22	$0
Feb 2012	0	0	101.10	2.57	$0
Jan 2012	0	0	98.09	2.73	$0
Dec 2011	0	0	96.87	3.24	$0
Nov 2011	0	0	95.72	3.31	$0
Oct 2011	0	0	84.98	3.65	$0
Sep 2011	0	0	83.62	3.99	$0
Aug 2011	0	0	83.40	4.15	$0
Jul 2011	0	0	94.14	4.52	$0
Jun 2011	0	0	92.90	4.64	$0
May 2011	0	0	98.13	4.40	$0
Apr 2011	0	0	105.96	4.33	$0
Mar 2011	0	0	96.36	4.06	$0
Feb 2011	0	0	85.64	4.18	$0
Jan 2011	0	0	86.50	4.59	$0
Dec 2010	0	0	85.73	4.35	$0
Nov 2010	0	0	80.84	3.80	$0
Oct 2010	0	0	78.10	3.51	$0
Sep 2010	0	0	72.63	3.98	$0
Aug 2010	0	0	73.68	4.42	$0
Jul 2010	0	0	72.55	4.74	$0
Jun 2010	0	0	70.36	4.91	$0
May 2010	0	0	71.12	4.24	$0
Apr 2010	0	0	81.69	4.12	$0
Mar 2010	0	0	78.39	4.39	$0
Feb 2010	0	0	73.58	5.44	$0
Jan 2010	0	0	74.36	5.96	$0
Dec 2009	0	0	71.44	5.48	$0
Nov 2009	0	0	74.59	3.75	$0
Oct 2009	0	0	72.54	4.11	$0
Sep 2009	0	0	65.54	3.06	$0
Aug 2009	0	0	67.42	3.22	$0
Jul 2009	0	0	61.13	3.46	$0
Jun 2009	0	0	66.16	3.90	$0
May 2009	0	0	54.74	3.93	$0
Apr 2009	0	0	46.77	3.59	$0
Mar 2009	0	0	42.14	4.06	$0
Feb 2009	0	0	32.81	4.63	$0
Jan 2009	0	0	35.86	5.37	$0
Dec 2008	0	0	37.10	5.98	$0
Nov 2008	0	0	55.49	6.86	$0
Oct 2008	0	0	75.24	6.92	$0
Sep 2008	0	0	101.76	7.88	$0
Aug 2008	0	0	114.22	8.48	$0
Jul 2008	0	0	131.08	11.39	$0
Jun 2008	0	0	131.33	13.03	$0
May 2008	0	0	123.17	11.57	$0
Apr 2008	0	0	110.31	10.45	$0
Mar 2008	0	0	101.90	9.66	$0
Feb 2008	0	0	92.53	8.77	$0
Jan 2008	0	0	90.38	8.21	$0
Dec 2007	0	0	88.33	7.30	$0
Nov 2007	0	0	91.67	7.29	$0
Oct 2007	0	0	82.85	6.92	$0
Sep 2007	0	0	75.84	6.24	$0
Aug 2007	0	0	69.06	6.39	$0
Jul 2007	0	0	70.90	6.39	$0
Jun 2007	0	137	62.00	7.55	$1,034
May 2007	3	300	58.74	7.85	$2,530
Apr 2007	4	373	59.61	7.81	$3,150
Mar 2007	3	441	56.92	7.30	$3,391
Feb 2007	0	346	55.10	8.22	$2,843
Jan 2007	0	359	50.30	6.73	$2,415
Dec 2006	0	390	56.65	6.92	$2,698
Nov 2006	1	512	54.20	7.62	$3,954
Oct 2006	2	489	54.90	6.01	$3,051
Sep 2006	5	573	60.08	5.04	$3,187
Aug 2006	16	683	68.71	7.34	$6,113
Jul 2006	113	1,056	69.37	6.34	$14,537
Jun 2006	1,083	632	66.28	6.38	$75,816
May 2006	27	995	66.01	6.42	$8,175
Apr 2006	16	1,306	64.39	7.36	$10,643
Mar 2006	24	1,362	56.70	7.08	$11,008
Feb 2006	27	1,260	57.59	7.75	$11,321
Jan 2006	39	1,279	60.59	8.93	$13,789
Dec 2005	87	1,174	54.94	13.42	$20,529
Nov 2005	62	1,275	54.69	10.59	$16,891
Oct 2005	87	1,251	58.34	13.80	$22,334
Sep 2005	93	1,207	61.45	12.08	$20,294
Aug 2005	53	1,288	61.51	9.80	$15,878
Jul 2005	45	1,382	55.69	7.84	$13,346
Jun 2005	61	1,381	52.33	7.38	$13,385
May 2005	75	1,331	45.22	6.65	$12,244
Apr 2005	63	1,357	49.20	7.36	$13,088
Mar 2005	45	1,117	50.37	7.15	$10,259
Feb 2005	60	1,742	45.22	6.31	$13,709
Jan 2005	79	1,495	43.16	6.32	$12,861
Dec 2004	265	1,446	39.86	6.75	$20,325
Nov 2004	106	1,175	45.28	6.33	$12,238
Oct 2004	47	604	49.70	6.52	$6,271
Sep 2004	35	610	43.24	5.28	$4,737
Aug 2004	39	820	42.37	5.55	$6,204
Jul 2004	36	1,576	38.28	6.08	$10,967
Jun 2004	33	1,591	36.10	6.43	$11,426
May 2004	41	1,597	37.48	6.49	$11,909
Apr 2004	45	1,819	34.47	5.86	$12,208
Mar 2004	90	1,845	34.36	5.53	$13,296
Feb 2004	107	1,810	32.45	5.51	$13,445
Jan 2004	68	1,614	32.03	6.30	$12,346
Dec 2003	167	1,880	30.26	6.30	$16,901
Nov 2003	85	1,761	28.80	4.60	$10,540
Oct 2003	99	1,934	28.17	4.76	$11,994
Sep 2003	62	1,811	26.31	4.75	$10,232
Aug 2003	75	1,681	29.76	5.13	$10,855
Jul 2003	61	1,477	29.41	5.17	$9,431
Jun 2003	67	1,114	28.56	5.98	$8,579
May 2003	52	1,526	26.59	5.97	$10,497
Apr 2003	88	1,529	26.67	5.41	$10,615
Mar 2003	68	1,881	31.14	6.10	$13,584
Feb 2003	54	1,762	33.48	7.93	$15,773
Jan 2003	128	1,751	30.31	5.58	$13,654
Dec 2002	119	1,827	26.91	4.85	$12,070
Nov 2002	69	1,864	24.66	4.14	$9,413
Oct 2002	11	1,843	26.46	4.23	$8,085
Sep 2002	14	1,886	27.44	3.64	$7,240
Aug 2002	23	2,020	25.96	3.16	$6,989
Jul 2002	26	2,063	24.58	3.06	$6,955
Jun 2002	20	1,928	23.73	3.34	$6,911
May 2002	21	2,093	24.66	3.58	$8,019
Apr 2002	39	2,118	23.65	3.51	$8,361
Mar 2002	59	1,985	22.00	3.10	$7,457
Feb 2002	28	1,377	18.22	2.38	$3,781
Jan 2002	20	1,206	17.17	2.38	$3,208
Dec 2001	27	1,804	16.93	2.36	$4,722
Nov 2001	43	1,769	18.07	2.41	$5,032
Oct 2001	41	1,673	19.78	2.53	$5,042
Sep 2001	43	1,618	24.26	2.25	$4,686
Aug 2001	38	1,733	24.87	3.05	$6,236
Jul 2001	44	1,761	23.93	3.20	$6,683
Jun 2001	38	1,723	24.56	3.82	$7,522
May 2001	41	1,727	25.52	4.31	$8,485
Apr 2001	29	1,712	24.68	5.34	$9,850
Mar 2001	44	1,825	24.54	5.38	$10,892
Feb 2001	65	1,738	27.75	5.77	$11,827
Jan 2001	90	1,928	27.47	8.40	$18,665
Dec 2000	56	1,855	26.88	9.12	$18,428
Nov 2000	15	1,512	32.21	5.66	$9,038
Oct 2000	15	1,525	31.23	5.15	$8,315
Sep 2000	16	1,515	31.87	5.19	$8,367
Aug 2000	30	1,621	29.64	4.54	$8,250
Jul 2000	30	1,646	28.53	4.09	$7,588
Jun 2000	27	1,561	29.30	4.40	$7,655
May 2000	62	2,437	27.26	3.68	$10,658
Apr 2000	67	2,347	24.51	3.12	$8,955
Mar 2000	64	2,488	28.42	2.86	$8,934
Feb 2000	82	2,644	27.62	2.73	$9,474
Jan 2000	71	2,729	25.27	2.48	$8,563
Dec 1999	82	2,933	24.28	2.42	$9,100
Nov 1999	97	2,253	23.19	2.43	$7,733
Oct 1999	116	2,388	20.98	2.80	$9,129
Sep 1999	84	2,311	21.75	2.62	$7,879
Aug 1999	75	2,470	19.26	2.88	$8,547
Jul 1999	71	2,490	17.89	2.37	$7,177
Jun 1999	80	2,636	15.94	2.36	$7,502
May 1999	78	2,074	15.79	2.32	$6,045
Apr 1999	89	2,028	15.10	2.21	$5,822
Mar 1999	62	1,781	12.47	1.84	$4,047
Feb 1999	61	1,874	9.98	1.82	$4,015
Jan 1999	60	1,896	10.38	1.90	$4,225
Dec 1998	79	2,166	9.20	1.77	$4,568
Nov 1998	79	2,495	10.89	2.19	$6,314
Oct 1998	192	2,641	12.42	1.97	$7,585
Sep 1998	65	2,341	12.59	2.08	$5,694
Aug 1998	72	2,437	11.30	1.91	$5,462
Jul 1998	45	2,570	11.74	2.24	$6,278
Jun 1998	51	2,488	11.24	2.24	$6,140
May 1998	33	2,211	12.62	2.21	$5,295
Apr 1998	36	2,246	13.04	2.51	$6,096
Mar 1998	40	2,926	12.80	2.31	$7,269
Feb 1998	34	2,721	13.95	2.30	$6,730
Jan 1998	38	2,941	14.70	2.15	$6,896
Dec 1997	40	3,118	16.32	2.41	$8,171
Nov 1997	53	2,949	18.19	3.09	$10,071
Oct 1997	52	3,265	19.25	3.15	$11,285
Sep 1997	55	2,838	17.74	2.95	$9,362
Aug 1997	51	1,182	17.86	2.55	$3,931
Jul 1997	69	3,463	17.58	2.25	$8,994
Jun 1997	61	3,115	17.24	2.26	$8,083
May 1997	61	3,851	18.97	2.31	$10,047
Apr 1997	57	2,299	17.88	2.08	$5,807
Mar 1997	50	4,095	18.95	1.94	$8,888
Feb 1997	49	3,652	20.49	2.21	$9,060
Jan 1997	53	4,987	23.48	3.54	$18,897
Dec 1996	50	4,254	23.32	—	$1,166
Nov 1996	67	3,969	21.97	—	$1,472
Oct 1996	97	3,713	23.31	—	$2,261
Sep 1996	92	4,383	22.22	—	$2,044
Aug 1996	59	3,739	20.26	—	$1,195
Jul 1996	58	4,239	19.55	—	$1,134
Jun 1996	51	3,359	18.73	—	$955
May 1996	76	5,057	19.43	—	$1,477
Apr 1996	88	5,656	21.51	—	$1,893
Mar 1996	101	6,260	19.38	—	$1,957
Feb 1996	104	3,575	16.98	—	$1,766
Jan 1996	103	4,128	17.07	—	$1,758
Dec 1995	104	4,698	17.19	—	$1,788
Nov 1995	69	5,291	16.00	—	$1,104
Oct 1995	99	3,875	15.43	—	$1,528
Sep 1995	55	3,639	16.18	—	$890
Aug 1995	73	5,812	15.92	—	$1,162
Jul 1995	95	7,562	15.24	—	$1,448
Jun 1995	84	4,845	16.41	—	$1,378
May 1995	120	9,254	17.56	—	$2,107
Apr 1995	139	4,998	17.73	—	$2,464
Mar 1995	134	5,402	16.44	—	$2,203
Feb 1995	88	2,593	16.58	—	$1,459
Jan 1995	126	4,720	15.92	—	$2,006
Dec 1994	161	9,360	15.03	—	$2,420
Nov 1994	152	8,788	15.90	—	$2,417
Oct 1994	131	7,442	15.58	—	$2,041
Sep 1994	124	7,378	15.29	—	$1,896
Aug 1994	175	8,759	16.13	—	$2,823
Jul 1994	180	8,064	17.56	—	$3,161
Jun 1994	120	4,728	17.09	—	$2,051
May 1994	84	2,839	15.88	—	$1,334

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.

Jun 2007 — as filed, then multipliedworked

Condensate             0 bbl  × $ 62.00 =         $0
Gas                  137 Mcf  × $  7.55 =     $1,034

────────────────────────────────────────────────────
Month total                                   $1,034

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/149788 is the state's own key, not one this site invented.