STERLING 'F' FEE

Name: STERLING 'F' FEE lease production and value, Jun 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 151448District 08Field 200977002 tax incentive programmesCondensateGasSave Export

Value, all time

$322 k

Jun 1994 – Apr 2016

Value, last 12 filed months

at the published price for each month

Months reported

263

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	1995-01-02	131258
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	3,968 bbl	$94,219
Gas	Production	90,141 Mcf	$228,098
Total			$322,317

27,627 Mcf of this lease's gas, across 31 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 31.7488, -101.1691. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.74878, -101.16907 · 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

8,000 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 8,000 ft.

Completions filed

Apr 2016

1 of 1 wells

1 well


42-43132670	11	8,000 ft	Apr 2016	—	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 (263)

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

263 months


Apr 2016	0	0	36.56	1.99	$0
Mar 2016	0	0	33.01	1.79	$0
Feb 2016	0	0	26.47	2.06	$0
Jan 2016	0	0	27.35	2.36	$0
Dec 2015	0	0	32.36	2.00	$0
Nov 2015	0	0	38.79	2.17	$0
Oct 2015	0	0	43.55	2.43	$0
Sep 2015	0	0	42.99	2.76	$0
Aug 2015	0	0	40.16	2.87	$0
Jul 2015	0	0	48.15	2.95	$0
Jun 2015	0	0	56.15	2.88	$0
May 2015	0	0	55.21	2.96	$0
Apr 2015	0	0	49.82	2.71	$0
Mar 2015	0	0	42.89	2.93	$0
Feb 2015	0	0	44.66	2.98	$0
Jan 2015	0	0	43.43	3.10	$0
Dec 2014	0	0	54.69	3.59	$0
Nov 2014	0	0	70.46	4.25	$0
Oct 2014	0	0	78.30	3.90	$0
Sep 2014	0	0	86.16	4.05	$0
Aug 2014	0	0	89.39	4.04	$0
Jul 2014	0	0	96.56	4.18	$0
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	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	0	62.00	7.55	$0
May 2007	0	0	58.74	7.85	$0
Apr 2007	0	0	59.61	7.81	$0
Mar 2007	0	0	56.92	7.30	$0
Feb 2007	0	0	55.10	8.22	$0
Jan 2007	0	31	50.30	6.73	$209
Dec 2006	2	291	56.65	6.92	$2,127
Nov 2006	10	363	54.20	7.62	$3,307
Oct 2006	53	328	54.90	6.01	$4,882
Sep 2006	0	158	60.08	5.04	$796
Aug 2006	3	172	68.71	7.34	$1,469
Jul 2006	40	140	69.37	6.34	$3,663
Jun 2006	0	141	66.28	6.38	$900
May 2006	0	152	66.01	6.42	$977
Apr 2006	0	146	64.39	7.36	$1,075
Mar 2006	0	144	56.70	7.08	$1,020
Feb 2006	0	135	57.59	7.75	$1,046
Jan 2006	0	163	60.59	8.93	$1,456
Dec 2005	0	173	54.94	13.42	$2,321
Nov 2005	0	170	54.69	10.59	$1,800
Oct 2005	0	176	58.34	13.80	$2,428
Sep 2005	0	167	61.45	12.08	$2,017
Aug 2005	0	246	61.51	9.80	$2,410
Jul 2005	0	266	55.69	7.84	$2,086
Jun 2005	0	259	52.33	7.38	$1,912
May 2005	0	292	45.22	6.65	$1,942
Apr 2005	0	291	49.20	7.36	$2,142
Mar 2005	1	305	50.37	7.15	$2,233
Feb 2005	18	256	45.22	6.31	$2,430
Jan 2005	22	260	43.16	6.32	$2,593
Dec 2004	20	272	39.86	6.75	$2,633
Nov 2004	31	324	45.28	6.33	$3,455
Oct 2004	35	328	49.70	6.52	$3,876
Sep 2004	57	321	43.24	5.28	$4,161
Aug 2004	57	283	42.37	5.55	$3,986
Jul 2004	74	264	38.28	6.08	$4,439
Jun 2004	67	255	36.10	6.43	$4,059
May 2004	37	260	37.48	6.49	$3,075
Apr 2004	28	252	34.47	5.86	$2,441
Mar 2004	25	262	34.36	5.53	$2,308
Feb 2004	10	257	32.45	5.51	$1,740
Jan 2004	9	256	32.03	6.30	$1,901
Dec 2003	9	262	30.26	6.30	$1,923
Nov 2003	11	376	28.80	4.60	$2,045
Oct 2003	11	378	28.17	4.76	$2,109
Sep 2003	10	353	26.31	4.75	$1,940
Aug 2003	11	244	29.76	5.13	$1,579
Jul 2003	11	267	29.41	5.17	$1,704
Jun 2003	12	256	28.56	5.98	$1,874
May 2003	29	363	26.59	5.97	$2,939
Apr 2003	25	353	26.67	5.41	$2,576
Mar 2003	23	371	31.14	6.10	$2,978
Feb 2003	21	346	33.48	7.93	$3,445
Jan 2003	10	476	30.31	5.58	$2,960
Dec 2002	6	527	26.91	4.85	$2,719
Nov 2002	9	561	24.66	4.14	$2,543
Oct 2002	8	539	26.46	4.23	$2,491
Sep 2002	9	517	27.44	3.64	$2,126
Aug 2002	37	478	25.96	3.16	$2,473
Jul 2002	23	454	24.58	3.06	$1,955
Jun 2002	22	411	23.73	3.34	$1,894
May 2002	23	338	24.66	3.58	$1,779
Apr 2002	29	323	23.65	3.51	$1,820
Mar 2002	41	350	22.00	3.10	$1,988
Feb 2002	19	323	18.22	2.38	$1,114
Jan 2002	30	607	17.17	2.38	$1,957
Dec 2001	27	614	16.93	2.36	$1,909
Nov 2001	21	505	18.07	2.41	$1,594
Oct 2001	22	439	19.78	2.53	$1,545
Sep 2001	20	397	24.26	2.25	$1,379
Aug 2001	18	291	24.87	3.05	$1,336
Jul 2001	20	285	23.93	3.20	$1,390
Jun 2001	21	287	24.56	3.82	$1,613
May 2001	46	373	25.52	4.31	$2,781
Apr 2001	44	358	24.68	5.34	$2,996
Mar 2001	34	414	24.54	5.38	$3,060
Feb 2001	24	473	27.75	5.77	$3,394
Jan 2001	19	507	27.47	8.40	$4,780
Dec 2000	20	534	26.88	9.12	$5,409
Nov 2000	19	498	32.21	5.66	$3,430
Oct 2000	16	519	31.23	5.15	$3,170
Sep 2000	17	498	31.87	5.19	$3,125
Aug 2000	17	512	29.64	4.54	$2,829
Jul 2000	19	482	28.53	4.09	$2,513
Jun 2000	30	480	29.30	4.40	$2,990
May 2000	51	533	27.26	3.68	$3,352
Apr 2000	49	528	24.51	3.12	$2,846
Mar 2000	34	401	28.42	2.86	$2,113
Feb 2000	36	747	27.62	2.73	$3,031
Jan 2000	34	835	25.27	2.48	$2,930
Dec 1999	37	858	24.28	2.42	$2,978
Nov 1999	56	908	23.19	2.43	$3,509
Oct 1999	62	930	20.98	2.80	$3,908
Sep 1999	60	825	21.75	2.62	$3,466
Aug 1999	59	804	19.26	2.88	$3,448
Jul 1999	33	747	17.89	2.37	$2,363
Jun 1999	23	743	15.94	2.36	$2,122
May 1999	26	747	15.79	2.32	$2,144
Apr 1999	28	817	15.10	2.21	$2,227
Mar 1999	23	815	12.47	1.84	$1,785
Feb 1999	22	760	9.98	1.82	$1,601
Jan 1999	20	819	10.38	1.90	$1,764
Dec 1998	24	1,278	9.20	1.77	$2,487
Nov 1998	14	1,321	10.89	2.19	$3,040
Oct 1998	16	1,404	12.42	1.97	$2,963
Sep 1998	26	1,433	12.59	2.08	$3,312
Aug 1998	6	785	11.30	1.91	$1,565
Jul 1998	5	807	11.74	2.24	$1,864
Jun 1998	7	742	11.24	2.24	$1,739
May 1998	22	1,114	12.62	2.21	$2,736
Apr 1998	29	981	13.04	2.51	$2,836
Mar 1998	15	995	12.80	2.31	$2,490
Feb 1998	11	923	13.95	2.30	$2,276
Jan 1998	13	943	14.70	2.15	$2,223
Dec 1997	14	962	16.32	2.41	$2,548
Nov 1997	16	699	18.19	3.09	$2,450
Oct 1997	14	853	19.25	3.15	$2,956
Sep 1997	13	714	17.74	2.95	$2,340
Aug 1997	11	913	17.86	2.55	$2,529
Jul 1997	13	833	17.58	2.25	$2,100
Jun 1997	19	1,209	17.24	2.26	$3,057
May 1997	12	683	18.97	2.31	$1,804
Apr 1997	14	687	17.88	2.08	$1,681
Mar 1997	14	1,041	18.95	1.94	$2,284
Feb 1997	22	875	20.49	2.21	$2,381
Jan 1997	19	1,004	23.48	3.54	$4,000
Dec 1996	21	1,105	23.32	—	$490
Nov 1996	11	879	21.97	—	$242
Oct 1996	41	951	23.31	—	$956
Sep 1996	29	943	22.22	—	$644
Aug 1996	28	984	20.26	—	$567
Jul 1996	22	961	19.55	—	$430
Jun 1996	25	971	18.73	—	$468
May 1996	33	749	19.43	—	$641
Apr 1996	37	741	21.51	—	$796
Mar 1996	26	706	19.38	—	$504
Feb 1996	33	782	16.98	—	$560
Jan 1996	35	837	17.07	—	$597
Dec 1995	39	774	17.19	—	$670
Nov 1995	54	775	16.00	—	$864
Oct 1995	21	716	15.43	—	$324
Sep 1995	48	751	16.18	—	$777
Aug 1995	28	875	15.92	—	$446
Jul 1995	30	874	15.24	—	$457
Jun 1995	41	1,111	16.41	—	$673
May 1995	44	972	17.56	—	$773
Apr 1995	55	721	17.73	—	$975
Mar 1995	31	986	16.44	—	$510
Feb 1995	2	563	16.58	—	$33
Jan 1995	6	762	15.92	—	$96
Dec 1994	50	971	15.03	—	$752
Nov 1994	49	1,145	15.90	—	$779
Oct 1994	13	1,084	15.58	—	$203
Sep 1994	15	1,001	15.29	—	$229
Aug 1994	46	987	16.13	—	$742
Jul 1994	293	771	17.56	—	$5,145
Jun 1994	248	1,179	17.09	—	$4,238

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.

Jan 2007 — as filed, then multipliedworked

Condensate             0 bbl  × $ 50.30 =         $0
Gas                   31 Mcf  × $  6.73 =       $209

────────────────────────────────────────────────────
Month total                                     $209

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/151448 is the state's own key, not one this site invented.