STERLING 'U' FEE

Name: STERLING 'U' 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, SW (PENN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 149822District 08Field 201015002 tax incentive programmesCondensateGasSave Export

Value, all time

$594 k

May 1994 – Jun 2014

Value, last 12 filed months

at the published price for each month

Months reported

242

no gaps in the span

Streams

condensate, gas

The CONGER, SW (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 271 leases and 445 wells, and the rule below applies to all of them.

Discovered

1979-02-21

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 1986-07-01.

The Commission's schedule remark for this field reads: “OPERATOR REQUEST. TEXACO E & P INC ALLICIANT..”

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	1994-11-18	130688
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	3,091 bbl	$95,946
Gas	Production	206,279 Mcf	$498,171
Total			$594,117

74,946 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 31.7101, -101.2583. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.71009, -101.25829 · 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

8,550 ft

1 wells filed one

Completion to plug

8 months

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 8,550 ft.

Completions filed

Oct 2013

1 of 1 wells

Plug dates filed

Jun 2014

1 of 1 wells

Last completion to plug: a median of 8 months across the 1 well that filed both dates, with the middle half between 8 months and 8 months. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-43132486	5	8,550 ft	Oct 2013	Jun 2014	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 (242)

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

242 months


Jun 2014	0	0	98.16	4.74	$0
May 2014	0	0	94.73	4.73	$0
Apr 2014	0	0	95.94	4.81	$0
Mar 2014	0	0	95.89	5.06	$0
Feb 2014	0	0	97.40	6.19	$0
Jan 2014	0	0	90.40	4.86	$0
Dec 2013	0	0	91.82	4.35	$0
Nov 2013	0	0	88.85	3.74	$0
Oct 2013	0	0	97.42	3.78	$0
Sep 2013	0	0	104.11	3.72	$0
Aug 2013	0	0	104.25	3.52	$0
Jul 2013	0	0	102.52	3.72	$0
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	1	91.61	2.49	$2
Apr 2012	0	3	101.65	2.00	$6
Mar 2012	0	3	105.05	2.22	$7
Feb 2012	0	2	101.10	2.57	$5
Jan 2012	0	3	98.09	2.73	$8
Dec 2011	0	2	96.87	3.24	$6
Nov 2011	0	25	95.72	3.31	$83
Oct 2011	0	69	84.98	3.65	$252
Sep 2011	0	49	83.62	3.99	$195
Aug 2011	0	52	83.40	4.15	$216
Jul 2011	0	53	94.14	4.52	$239
Jun 2011	0	51	92.90	4.64	$237
May 2011	0	52	98.13	4.40	$229
Apr 2011	0	22	105.96	4.33	$95
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	15	91.67	7.29	$109
Oct 2007	0	47	82.85	6.92	$325
Sep 2007	0	46	75.84	6.24	$287
Aug 2007	0	47	69.06	6.39	$300
Jul 2007	0	45	70.90	6.39	$287
Jun 2007	0	45	62.00	7.55	$340
May 2007	0	39	58.74	7.85	$306
Apr 2007	0	24	59.61	7.81	$187
Mar 2007	0	24	56.92	7.30	$175
Feb 2007	0	46	55.10	8.22	$378
Jan 2007	0	70	50.30	6.73	$471
Dec 2006	0	78	56.65	6.92	$540
Nov 2006	0	68	54.20	7.62	$518
Oct 2006	0	74	54.90	6.01	$445
Sep 2006	0	74	60.08	5.04	$373
Aug 2006	0	61	68.71	7.34	$448
Jul 2006	0	51	69.37	6.34	$323
Jun 2006	0	50	66.28	6.38	$319
May 2006	0	61	66.01	6.42	$392
Apr 2006	0	75	64.39	7.36	$552
Mar 2006	3	77	56.70	7.08	$715
Feb 2006	25	72	57.59	7.75	$1,998
Jan 2006	80	98	60.59	8.93	$5,723
Dec 2005	96	100	54.94	13.42	$6,616
Nov 2005	190	130	54.69	10.59	$11,768
Oct 2005	480	533	58.34	13.80	$35,356
Sep 2005	12	407	61.45	12.08	$5,654
Aug 2005	2	788	61.51	9.80	$7,843
Jul 2005	2	755	55.69	7.84	$6,033
Jun 2005	1	741	52.33	7.38	$5,522
May 2005	4	753	45.22	6.65	$5,189
Apr 2005	8	633	49.20	7.36	$5,053
Mar 2005	14	759	50.37	7.15	$6,136
Feb 2005	10	723	45.22	6.31	$5,016
Jan 2005	16	850	43.16	6.32	$6,064
Dec 2004	11	853	39.86	6.75	$6,197
Nov 2004	18	820	45.28	6.33	$6,006
Oct 2004	15	821	49.70	6.52	$6,094
Sep 2004	18	823	43.24	5.28	$5,127
Aug 2004	14	881	42.37	5.55	$5,483
Jul 2004	8	914	38.28	6.08	$5,867
Jun 2004	9	905	36.10	6.43	$6,147
May 2004	10	935	37.48	6.49	$6,447
Apr 2004	4	949	34.47	5.86	$5,698
Mar 2004	3	914	34.36	5.53	$5,158
Feb 2004	3	882	32.45	5.51	$4,957
Jan 2004	4	769	32.03	6.30	$4,973
Dec 2003	5	924	30.26	6.30	$5,974
Nov 2003	6	941	28.80	4.60	$4,497
Oct 2003	7	1,028	28.17	4.76	$5,090
Sep 2003	6	985	26.31	4.75	$4,836
Aug 2003	3	1,019	29.76	5.13	$5,316
Jul 2003	2	972	29.41	5.17	$5,085
Jun 2003	2	947	28.56	5.98	$5,723
May 2003	2	932	26.59	5.97	$5,620
Apr 2003	2	963	26.67	5.41	$5,261
Mar 2003	3	1,034	31.14	6.10	$6,397
Feb 2003	4	932	33.48	7.93	$7,521
Jan 2003	4	995	30.31	5.58	$5,675
Dec 2002	3	1,047	26.91	4.85	$5,163
Nov 2002	2	1,062	24.66	4.14	$4,443
Oct 2002	3	1,011	26.46	4.23	$4,355
Sep 2002	3	1,005	27.44	3.64	$3,736
Aug 2002	1	1,066	25.96	3.16	$3,399
Jul 2002	1	1,198	24.58	3.06	$3,693
Jun 2002	3	1,098	23.73	3.34	$3,737
May 2002	2	675	24.66	3.58	$2,469
Apr 2002	3	655	23.65	3.51	$2,372
Mar 2002	4	710	22.00	3.10	$2,291
Feb 2002	6	1,069	18.22	2.38	$2,649
Jan 2002	6	1,104	17.17	2.38	$2,726
Dec 2001	7	1,217	16.93	2.36	$2,996
Nov 2001	5	1,006	18.07	2.41	$2,510
Oct 2001	4	992	19.78	2.53	$2,588
Sep 2001	4	964	24.26	2.25	$2,267
Aug 2001	5	960	24.87	3.05	$3,055
Jul 2001	6	995	23.93	3.20	$3,325
Jun 2001	8	850	24.56	3.82	$3,447
May 2001	13	1,124	25.52	4.31	$5,173
Apr 2001	15	1,090	24.68	5.34	$6,186
Mar 2001	14	1,114	24.54	5.38	$6,333
Feb 2001	11	789	27.75	5.77	$4,855
Jan 2001	16	1,052	27.47	8.40	$9,275
Dec 2000	14	1,106	26.88	9.12	$10,466
Nov 2000	12	1,092	32.21	5.66	$6,565
Oct 2000	12	1,143	31.23	5.15	$6,256
Sep 2000	6	1,138	31.87	5.19	$6,093
Aug 2000	9	1,198	29.64	4.54	$5,707
Jul 2000	9	1,223	28.53	4.09	$5,259
Jun 2000	11	1,194	29.30	4.40	$5,573
May 2000	8	1,301	27.26	3.68	$5,005
Apr 2000	11	1,290	24.51	3.12	$4,289
Mar 2000	13	1,353	28.42	2.86	$4,239
Feb 2000	28	1,390	27.62	2.73	$4,563
Jan 2000	24	1,416	25.27	2.48	$4,119
Dec 1999	23	1,435	24.28	2.42	$4,036
Nov 1999	30	1,429	23.19	2.43	$4,174
Oct 1999	34	1,495	20.98	2.80	$4,905
Sep 1999	29	1,423	21.75	2.62	$4,357
Aug 1999	34	1,363	19.26	2.88	$4,574
Jul 1999	14	1,413	17.89	2.37	$3,603
Jun 1999	10	1,358	15.94	2.36	$3,367
May 1999	11	1,416	15.79	2.32	$3,460
Apr 1999	11	1,365	15.10	2.21	$3,180
Mar 1999	17	1,421	12.47	1.84	$2,824
Feb 1999	13	1,272	9.98	1.82	$2,442
Jan 1999	14	1,470	10.38	1.90	$2,938
Dec 1998	17	1,500	9.20	1.77	$2,816
Nov 1998	23	1,530	10.89	2.19	$3,595
Oct 1998	19	1,562	12.42	1.97	$3,312
Sep 1998	17	1,489	12.59	2.08	$3,315
Aug 1998	20	1,485	11.30	1.91	$3,058
Jul 1998	14	1,454	11.74	2.24	$3,417
Jun 1998	18	1,537	11.24	2.24	$3,641
May 1998	26	1,512	12.62	2.21	$3,664
Apr 1998	33	1,710	13.04	2.51	$4,714
Mar 1998	25	1,746	12.80	2.31	$4,352
Feb 1998	23	1,737	13.95	2.30	$4,314
Jan 1998	32	1,984	14.70	2.15	$4,746
Dec 1997	29	2,033	16.32	2.41	$5,375
Nov 1997	13	1,855	18.19	3.09	$5,965
Oct 1997	6	1,933	19.25	3.15	$6,204
Sep 1997	8	1,721	17.74	2.95	$5,227
Aug 1997	5	2,572	17.86	2.55	$6,660
Jul 1997	6	2,250	17.58	2.25	$5,161
Jun 1997	8	2,172	17.24	2.26	$5,041
May 1997	10	2,151	18.97	2.31	$5,155
Apr 1997	12	2,162	17.88	2.08	$4,718
Mar 1997	9	2,205	18.95	1.94	$4,446
Feb 1997	13	2,122	20.49	2.21	$4,947
Jan 1997	14	2,370	23.48	3.54	$8,718
Dec 1996	12	2,446	23.32	—	$280
Nov 1996	19	2,282	21.97	—	$417
Oct 1996	20	2,384	23.31	—	$466
Sep 1996	19	2,426	22.22	—	$422
Aug 1996	23	2,274	20.26	—	$466
Jul 1996	18	2,334	19.55	—	$352
Jun 1996	20	2,288	18.73	—	$375
May 1996	24	2,514	19.43	—	$466
Apr 1996	28	2,458	21.51	—	$602
Mar 1996	28	2,563	19.38	—	$543
Feb 1996	25	2,520	16.98	—	$425
Jan 1996	26	2,866	17.07	—	$444
Dec 1995	31	2,385	17.19	—	$533
Nov 1995	28	2,570	16.00	—	$448
Oct 1995	46	2,431	15.43	—	$710
Sep 1995	70	2,396	16.18	—	$1,133
Aug 1995	45	2,531	15.92	—	$716
Jul 1995	47	2,564	15.24	—	$716
Jun 1995	34	3,014	16.41	—	$558
May 1995	69	2,711	17.56	—	$1,212
Apr 1995	30	2,135	17.73	—	$532
Mar 1995	21	1,752	16.44	—	$345
Feb 1995	17	1,704	16.58	—	$282
Jan 1995	31	1,741	15.92	—	$494
Dec 1994	40	2,112	15.03	—	$601
Nov 1994	32	1,292	15.90	—	$509
Oct 1994	25	1,681	15.58	—	$390
Sep 1994	19	2,651	15.29	—	$291
Aug 1994	21	2,264	16.13	—	$339
Jul 1994	67	2,803	17.56	—	$1,177
Jun 1994	59	1,645	17.09	—	$1,008
May 1994	49	3,209	15.88	—	$778

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 2012 — as filed, then multipliedworked

Condensate             0 bbl  × $ 91.61 =         $0
Gas                    1 Mcf  × $  2.49 =         $2

────────────────────────────────────────────────────
Month total                                       $2

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/149822 is the state's own key, not one this site invented.