STERLING "M" FEE

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 151382District 08Field 20097700CondensateGasSaveExport
Value, all time
$218 k
Aug 1994 – May 2013
Value, last 12 filed months
$0
at the published price for each month
Months reported
226
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

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
CondensateDisposition1,311 bbl$34,061
GasProduction92,434 Mcf$184,001
Total$218,062

34,576 Mcf of this lease's gas, across 28 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 31.7245, -101.1616. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.72450, -101.16155 · 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
100.0%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
7,920 ft
1 wells filed one
Completion to plug
35.8 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 7,920 ft.

Completions filed
Aug 1977
1 of 1 wells
Plug dates filed
May 2013
1 of 1 wells

Last completion to plug: a median of 35.8 years across the 1 well that filed both dates, with the middle half between 35.8 years and 35.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4313059217,920 ftAug 1977May 2013Yes

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 (226)

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

226 months

May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 2007016182.856.92$1,114
Sep 2007132975.846.24$2,130
Aug 2007119669.066.39$1,321
Jul 200701870.906.39$115
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 200711156.927.30$137
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 200623156.707.08$333
Feb 200612557.597.75$251
Jan 200602560.598.93$223
Dec 200502554.9413.42$335
Nov 200502654.6910.59$275
Oct 200502558.3413.80$345
Sep 200502761.4512.08$326
Aug 200503361.519.80$323
Jul 2005011055.697.84$863
Jun 2005211252.337.38$931
May 20053421445.226.65$2,961
Apr 20051336649.207.36$3,334
Mar 20052536950.377.15$3,899
Feb 20053929745.226.31$3,638
Jan 20052027943.166.32$2,627
Dec 200402739.866.75$182
Nov 200402145.286.33$133
Oct 200402549.706.52$163
Sep 200402743.245.28$143
Aug 200402742.375.55$150
Jul 200402838.286.08$170
Jun 200403036.106.43$193
May 200403037.486.49$195
Apr 20040034.475.86$0
Mar 200404434.365.53$243
Feb 200406832.455.51$375
Jan 200405732.036.30$359
Dec 200305530.266.30$347
Nov 200308228.804.60$377
Oct 200307828.174.76$371
Sep 200307726.314.75$366
Aug 200307929.765.13$405
Jul 200305829.415.17$300
Jun 200305528.565.98$329
May 200314526.595.97$295
Apr 20031026.675.41$27
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 20020124.663.58$4
Apr 20022123.653.51$51
Mar 20026222.003.10$138
Feb 200228118.222.38$513
Jan 20022117.172.38$37
Dec 20016116.932.36$104
Nov 2001238118.072.41$953
Oct 2001235219.782.53$930
Sep 2001841324.262.25$1,124
Aug 20011547124.873.05$1,811
Jul 20011151423.933.20$1,907
Jun 2001847924.563.82$2,028
May 20013548825.524.31$2,995
Apr 20012374924.685.34$4,564
Mar 20011079124.545.38$4,498
Feb 2001870127.755.77$4,265
Jan 2001879327.478.40$6,880
Dec 2000877426.889.12$7,276
Nov 20001265832.215.66$4,109
Oct 20004768831.235.15$5,008
Sep 200032566031.875.19$13,781
Aug 2000465429.644.54$3,088
Jul 2000567728.534.09$2,911
Jun 2000867029.304.40$3,181
May 2000665427.263.68$2,570
Apr 20001362624.513.12$2,269
Mar 20005661828.422.86$3,359
Feb 2000372727.622.73$2,065
Jan 2000278425.272.48$1,995
Dec 1999278224.282.42$1,944
Nov 199921,33123.192.43$3,286
Oct 199931,42320.982.80$4,053
Sep 199931,50921.752.62$4,017
Aug 199941,65619.262.88$4,839
Jul 199931,68217.892.37$4,044
Jun 199941,47815.942.36$3,555
May 1999151,46715.792.32$3,642
Apr 1999121,42415.102.21$3,325
Mar 1999131,49412.471.84$2,909
Feb 1999121,1359.981.82$2,183
Jan 1999101,13910.381.90$2,268
Dec 1998111,0659.201.77$1,990
Nov 1998372310.892.19$1,613
Oct 1998373712.421.97$1,489
Sep 1998374812.592.08$1,596
Aug 1998578011.301.91$1,544
Jul 199871,03711.742.24$2,402
Jun 1998499511.242.24$2,271
May 199851,06312.622.21$2,408
Apr 199851,01813.042.51$2,616
Mar 1998919412.802.31$563
Feb 19983697813.952.30$2,751
Jan 1998381,07914.702.15$2,884
Dec 1997101,06716.322.41$2,736
Nov 1997101,05218.193.09$3,431
Oct 1997111,08219.253.15$3,620
Sep 199781,14617.742.95$3,528
Aug 199711,03217.862.55$2,654
Jul 199711,00517.582.25$2,276
Jun 199741,00117.242.26$2,328
May 199721,01718.972.31$2,386
Apr 199741,08517.882.08$2,331
Mar 199741,11218.951.94$2,232
Feb 199761,14220.492.21$2,642
Jan 199771,25923.483.54$4,621
Dec 199661,07123.32$140
Nov 1996698121.97$132
Oct 1996998423.31$210
Sep 19961295222.22$267
Aug 1996121,00020.26$243
Jul 1996898819.55$156
Jun 1996594918.73$94
May 199651,00219.43$97
Apr 199661,00921.51$129
Mar 199681,08519.38$155
Feb 199671,36216.98$119
Jan 199671,51117.07$119
Dec 199561,53617.19$103
Nov 199541,13516.00$64
Oct 199561,22715.43$93
Sep 199521,20716.18$32
Aug 199541,17215.92$64
Jul 199581,31515.24$122
Jun 199561,42616.41$98
May 199531,45317.56$53
Apr 19951692017.73$284
Mar 1995251,04916.44$411
Feb 1995494816.58$66
Jan 1995121,03515.92$191
Dec 199421,83615.03$30
Nov 1994151,57815.90$239
Oct 1994192,02615.58$296
Sep 199441,81915.29$61
Aug 19940016.13$0

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 2007 — as filed, then multipliedworked
Condensate             0 bbl  × $ 82.85 =         $0
Gas                  161 Mcf  × $  6.92 =     $1,114

────────────────────────────────────────────────────
Month total                                   $1,114

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/151382 is the state's own key, not one this site invented.