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 149823District 08Field 201015002 tax incentive programmesCondensateGasSave Export

Value, all time

$872 k

May 1994 – Jan 2014

Value, last 12 filed months

$14 k

at the published price for each month

Months reported

237

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	130689
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	2,950 bbl	$73,373
Gas	Production	270,542 Mcf	$798,833
Total			$872,206

79,465 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 31.7181, -101.2565. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.71813, -101.25648 · 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

0.0%

0 of 1 wells

Median depth

8,420 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

1100.0%

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.

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 8,420 ft.

Completions filed

Jan 2014

1 of 1 wells

1 well


42-43132487	6	8,420 ft	Jan 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 (237)

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

237 months


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	370	97.42	3.78	$1,398
Sep 2013	0	410	104.11	3.72	$1,524
Aug 2013	0	451	104.25	3.52	$1,589
Jul 2013	0	406	102.52	3.72	$1,509
Jun 2013	0	451	94.40	3.93	$1,774
May 2013	0	518	94.83	4.15	$2,149
Apr 2013	0	291	93.96	4.28	$1,246
Mar 2013	0	438	93.62	3.91	$1,714
Feb 2013	0	234	91.23	3.42	$800
Jan 2013	0	266	91.60	3.42	$910
Dec 2012	0	342	86.77	3.42	$1,170
Nov 2012	0	292	86.95	3.62	$1,058
Oct 2012	0	284	89.38	3.40	$966
Sep 2012	0	580	94.67	2.92	$1,693
Aug 2012	0	785	92.66	2.91	$2,283
Jul 2012	0	864	85.13	3.02	$2,610
Jun 2012	0	325	79.82	2.52	$819
May 2012	0	417	91.61	2.49	$1,038
Apr 2012	0	323	101.65	2.00	$645
Mar 2012	0	385	105.05	2.22	$856
Feb 2012	0	305	101.10	2.57	$784
Jan 2012	0	378	98.09	2.73	$1,033
Dec 2011	0	316	96.87	3.24	$1,024
Nov 2011	0	360	95.72	3.31	$1,192
Oct 2011	0	302	84.98	3.65	$1,102
Sep 2011	0	303	83.62	3.99	$1,208
Aug 2011	0	348	83.40	4.15	$1,444
Jul 2011	0	382	94.14	4.52	$1,726
Jun 2011	2	395	92.90	4.64	$2,019
May 2011	0	429	98.13	4.40	$1,890
Apr 2011	0	437	105.96	4.33	$1,894
Mar 2011	2	518	96.36	4.06	$2,294
Feb 2011	4	359	85.64	4.18	$1,843
Jan 2011	1	429	86.50	4.59	$2,055
Dec 2010	0	394	85.73	4.35	$1,713
Nov 2010	0	306	80.84	3.80	$1,161
Oct 2010	0	260	78.10	3.51	$912
Sep 2010	0	228	72.63	3.98	$907
Aug 2010	0	157	73.68	4.42	$694
Jul 2010	0	216	72.55	4.74	$1,023
Jun 2010	0	329	70.36	4.91	$1,616
May 2010	0	421	71.12	4.24	$1,783
Apr 2010	0	355	81.69	4.12	$1,464
Mar 2010	2	420	78.39	4.39	$2,000
Feb 2010	3	487	73.58	5.44	$2,871
Jan 2010	3	560	74.36	5.96	$3,563
Dec 2009	3	476	71.44	5.48	$2,825
Nov 2009	5	568	74.59	3.75	$2,504
Oct 2009	4	462	72.54	4.11	$2,189
Sep 2009	4	463	65.54	3.06	$1,681
Aug 2009	3	496	67.42	3.22	$1,799
Jul 2009	1	612	61.13	3.46	$2,181
Jun 2009	3	568	66.16	3.90	$2,411
May 2009	3	579	54.74	3.93	$2,437
Apr 2009	4	557	46.77	3.59	$2,185
Mar 2009	8	539	42.14	4.06	$2,525
Feb 2009	11	520	32.81	4.63	$2,770
Jan 2009	7	642	35.86	5.37	$3,699
Dec 2008	2	344	37.10	5.98	$2,130
Nov 2008	1	1	55.49	6.86	$62
Oct 2008	1	150	75.24	6.92	$1,114
Sep 2008	1	549	101.76	7.88	$4,426
Aug 2008	4	592	114.22	8.48	$5,479
Jul 2008	2	586	131.08	11.39	$6,936
Jun 2008	1	556	131.33	13.03	$7,377
May 2008	4	509	123.17	11.57	$6,384
Apr 2008	3	489	110.31	10.45	$5,443
Mar 2008	3	518	101.90	9.66	$5,312
Feb 2008	5	493	92.53	8.77	$4,787
Jan 2008	6	548	90.38	8.21	$5,039
Dec 2007	5	562	88.33	7.30	$4,545
Nov 2007	4	552	91.67	7.29	$4,392
Oct 2007	1	561	82.85	6.92	$3,966
Sep 2007	3	548	75.84	6.24	$3,649
Aug 2007	4	589	69.06	6.39	$4,039
Jul 2007	5	607	70.90	6.39	$4,232
Jun 2007	6	601	62.00	7.55	$4,909
May 2007	7	616	58.74	7.85	$5,244
Apr 2007	11	593	59.61	7.81	$5,284
Mar 2007	11	596	56.92	7.30	$4,978
Feb 2007	8	558	55.10	8.22	$5,025
Jan 2007	3	587	50.30	6.73	$4,100
Dec 2006	4	651	56.65	6.92	$4,731
Nov 2006	4	614	54.20	7.62	$4,894
Oct 2006	3	664	54.90	6.01	$4,158
Sep 2006	5	666	60.08	5.04	$3,655
Aug 2006	3	675	68.71	7.34	$5,161
Jul 2006	5	661	69.37	6.34	$4,539
Jun 2006	10	654	66.28	6.38	$4,838
May 2006	9	723	66.01	6.42	$5,239
Apr 2006	15	722	64.39	7.36	$6,280
Mar 2006	13	736	56.70	7.08	$5,950
Feb 2006	11	606	57.59	7.75	$5,331
Jan 2006	8	614	60.59	8.93	$5,970
Dec 2005	9	622	54.94	13.42	$8,839
Nov 2005	15	582	54.69	10.59	$6,983
Oct 2005	37	581	58.34	13.80	$10,174
Sep 2005	37	604	61.45	12.08	$9,569
Aug 2005	4	631	61.51	9.80	$6,428
Jul 2005	5	726	55.69	7.84	$5,973
Jun 2005	4	713	52.33	7.38	$5,472
May 2005	8	744	45.22	6.65	$5,310
Apr 2005	9	789	49.20	7.36	$6,250
Mar 2005	14	820	50.37	7.15	$6,572
Feb 2005	9	757	45.22	6.31	$5,185
Jan 2005	12	821	43.16	6.32	$5,708
Dec 2004	8	824	39.86	6.75	$5,882
Nov 2004	11	804	45.28	6.33	$5,588
Oct 2004	6	821	49.70	6.52	$5,647
Sep 2004	7	823	43.24	5.28	$4,651
Aug 2004	5	845	42.37	5.55	$4,902
Jul 2004	3	829	38.28	6.08	$5,159
Jun 2004	4	821	36.10	6.43	$5,426
May 2004	8	832	37.48	6.49	$5,703
Apr 2004	11	814	34.47	5.86	$5,148
Mar 2004	8	809	34.36	5.53	$4,749
Feb 2004	6	806	32.45	5.51	$4,635
Jan 2004	5	855	32.03	6.30	$5,546
Dec 2003	5	924	30.26	6.30	$5,974
Nov 2003	6	966	28.80	4.60	$4,612
Oct 2003	7	1,055	28.17	4.76	$5,219
Sep 2003	6	1,011	26.31	4.75	$4,959
Aug 2003	3	1,061	29.76	5.13	$5,532
Jul 2003	2	1,051	29.41	5.17	$5,493
Jun 2003	2	1,023	28.56	5.98	$6,178
May 2003	3	969	26.59	5.97	$5,867
Apr 2003	2	1,003	26.67	5.41	$5,477
Mar 2003	1	1,088	31.14	6.10	$6,664
Feb 2003	2	981	33.48	7.93	$7,842
Jan 2003	2	1,048	30.31	5.58	$5,911
Dec 2002	3	1,072	26.91	4.85	$5,284
Nov 2002	2	1,088	24.66	4.14	$4,550
Oct 2002	3	1,058	26.46	4.23	$4,554
Sep 2002	3	1,076	27.44	3.64	$3,994
Aug 2002	1	1,142	25.96	3.16	$3,639
Jul 2002	1	1,251	24.58	3.06	$3,855
Jun 2002	3	1,175	23.73	3.34	$3,994
May 2002	2	1,154	24.66	3.58	$4,185
Apr 2002	3	1,119	23.65	3.51	$4,001
Mar 2002	5	1,222	22.00	3.10	$3,902
Feb 2002	9	1,021	18.22	2.38	$2,590
Jan 2002	10	1,127	17.17	2.38	$2,849
Dec 2001	12	1,162	16.93	2.36	$2,951
Nov 2001	12	1,109	18.07	2.41	$2,885
Oct 2001	19	1,206	19.78	2.53	$3,426
Sep 2001	14	1,172	24.26	2.25	$2,978
Aug 2001	5	1,179	24.87	3.05	$3,724
Jul 2001	5	1,222	23.93	3.20	$4,026
Jun 2001	7	1,138	24.56	3.82	$4,524
May 2001	13	1,124	25.52	4.31	$5,173
Apr 2001	15	1,090	24.68	5.34	$6,186
Mar 2001	15	1,122	24.54	5.38	$6,400
Feb 2001	13	1,010	27.75	5.77	$6,186
Jan 2001	16	1,143	27.47	8.40	$10,039
Dec 2000	16	1,249	26.88	9.12	$11,824
Nov 2000	16	1,450	32.21	5.66	$8,719
Oct 2000	15	1,517	31.23	5.15	$8,274
Sep 2000	8	1,510	31.87	5.19	$8,087
Aug 2000	12	1,589	29.64	4.54	$7,571
Jul 2000	11	1,623	28.53	4.09	$6,951
Jun 2000	15	1,585	29.30	4.40	$7,409
May 2000	11	1,460	27.26	3.68	$5,672
Apr 2000	13	1,448	24.51	3.12	$4,831
Mar 2000	14	1,518	28.42	2.86	$4,739
Feb 2000	7	1,726	27.62	2.73	$4,899
Jan 2000	6	1,758	25.27	2.48	$4,512
Dec 1999	6	1,782	24.28	2.42	$4,465
Nov 1999	8	1,774	23.19	2.43	$4,503
Oct 1999	8	1,856	20.98	2.80	$5,372
Sep 1999	8	1,766	21.75	2.62	$4,799
Aug 1999	13	2,020	19.26	2.88	$6,059
Jul 1999	29	2,104	17.89	2.37	$5,510
Jun 1999	27	2,013	15.94	2.36	$5,185
May 1999	28	1,710	15.79	2.32	$4,411
Apr 1999	26	1,654	15.10	2.21	$4,045
Mar 1999	21	1,722	12.47	1.84	$3,427
Feb 1999	23	1,363	9.98	1.82	$2,707
Jan 1999	25	1,575	10.38	1.90	$3,252
Dec 1998	31	1,607	9.20	1.77	$3,135
Nov 1998	54	1,964	10.89	2.19	$4,881
Oct 1998	44	2,005	12.42	1.97	$4,495
Sep 1998	38	1,977	12.59	2.08	$4,596
Aug 1998	13	1,882	11.30	1.91	$3,737
Jul 1998	10	1,841	11.74	2.24	$4,236
Jun 1998	13	1,883	11.24	2.24	$4,359
May 1998	26	1,714	12.62	2.21	$4,110
Apr 1998	33	1,938	13.04	2.51	$5,286
Mar 1998	25	1,915	12.80	2.31	$4,743
Feb 1998	25	2,348	13.95	2.30	$5,747
Jan 1998	35	2,676	14.70	2.15	$6,281
Dec 1997	31	2,745	16.32	2.41	$7,124
Nov 1997	3	1,646	18.19	3.09	$5,138
Oct 1997	2	1,715	19.25	3.15	$5,440
Sep 1997	6	1,581	17.74	2.95	$4,778
Aug 1997	18	2,372	17.86	2.55	$6,381
Jul 1997	22	2,075	17.58	2.25	$5,049
Jun 1997	29	2,004	17.24	2.26	$5,023
May 1997	26	2,210	18.97	2.31	$5,595
Apr 1997	30	2,219	17.88	2.08	$5,158
Mar 1997	24	2,264	18.95	1.94	$4,845
Feb 1997	26	2,121	20.49	2.21	$5,211
Jan 1997	29	2,369	23.48	3.54	$9,066
Dec 1996	23	2,446	23.32	—	$536
Nov 1996	30	2,232	21.97	—	$659
Oct 1996	32	2,333	23.31	—	$746
Sep 1996	27	2,374	22.22	—	$600
Aug 1996	19	2,460	20.26	—	$385
Jul 1996	15	2,527	19.55	—	$293
Jun 1996	17	2,477	18.73	—	$318
May 1996	30	3,012	19.43	—	$583
Apr 1996	34	2,945	21.51	—	$731
Mar 1996	33	2,872	19.38	—	$640
Feb 1996	31	2,989	16.98	—	$526
Jan 1996	32	3,400	17.07	—	$546
Dec 1995	40	3,033	17.19	—	$688
Nov 1995	30	3,050	16.00	—	$480
Oct 1995	45	2,227	15.43	—	$694
Sep 1995	48	2,670	16.18	—	$777
Aug 1995	64	2,443	15.92	—	$1,019
Jul 1995	67	2,475	15.24	—	$1,021
Jun 1995	45	3,204	16.41	—	$738
May 1995	69	2,944	17.56	—	$1,212
Apr 1995	61	2,550	17.73	—	$1,082
Mar 1995	39	1,985	16.44	—	$641
Feb 1995	32	1,704	16.58	—	$531
Jan 1995	44	1,667	15.92	—	$700
Dec 1994	32	1,687	15.03	—	$481
Nov 1994	40	1,590	15.90	—	$636
Oct 1994	35	1,993	15.58	—	$545
Sep 1994	56	1,890	15.29	—	$856
Aug 1994	49	2,281	16.13	—	$790
Jul 1994	51	2,338	17.56	—	$896
Jun 1994	45	1,768	17.09	—	$769
May 1994	35	3,899	15.88	—	$556

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.

Oct 2013 — as filed, then multipliedworked

Condensate             0 bbl  × $ 97.42 =         $0
Gas                  370 Mcf  × $  3.78 =     $1,398

────────────────────────────────────────────────────
Month total                                   $1,398

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/149823 is the state's own key, not one this site invented.