STERLING 'K' FEE

Name: STERLING 'K' FEE lease production and value, Nov 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 152941District 08Field 20097700CondensateGasSave Export

Value, all time

$559 k

Nov 1994 – May 2014

Value, last 12 filed months

$4 k

at the published price for each month

Months reported

235

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”

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	2,151 bbl	$89,892
Gas	Production	137,590 Mcf	$468,786
Total			$558,678

32,747 Mcf of this lease's gas, across 25 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 31.7129, -101.1917. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.71294, -101.19170 · 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

8,150 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 8,150 ft.

Completions filed

May 2014

1 of 1 wells

1 well


42-43131233	6	8,150 ft	May 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 (235)

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

235 months


May 2014	0	0	94.73	4.73	$0
Apr 2014	0	0	95.94	4.81	$0
Mar 2014	0	66	95.89	5.06	$334
Feb 2014	0	112	97.40	6.19	$694
Jan 2014	0	75	90.40	4.86	$365
Dec 2013	0	85	91.82	4.35	$370
Nov 2013	0	93	88.85	3.74	$348
Oct 2013	0	99	97.42	3.78	$374
Sep 2013	0	87	104.11	3.72	$323
Aug 2013	0	96	104.25	3.52	$338
Jul 2013	2	77	102.52	3.72	$491
Jun 2013	2	95	94.40	3.93	$562
May 2013	34	93	94.83	4.15	$3,610
Apr 2013	0	56	93.96	4.28	$240
Mar 2013	0	88	93.62	3.91	$344
Feb 2013	0	140	91.23	3.42	$479
Jan 2013	0	156	91.60	3.42	$534
Dec 2012	0	119	86.77	3.42	$407
Nov 2012	0	59	86.95	3.62	$214
Oct 2012	0	69	89.38	3.40	$235
Sep 2012	0	81	94.67	2.92	$236
Aug 2012	0	199	92.66	2.91	$579
Jul 2012	0	250	85.13	3.02	$755
Jun 2012	0	253	79.82	2.52	$637
May 2012	0	192	91.61	2.49	$478
Apr 2012	0	217	101.65	2.00	$433
Mar 2012	0	167	105.05	2.22	$371
Feb 2012	0	131	101.10	2.57	$337
Jan 2012	0	159	98.09	2.73	$435
Dec 2011	0	152	96.87	3.24	$492
Nov 2011	0	178	95.72	3.31	$589
Oct 2011	0	158	84.98	3.65	$576
Sep 2011	0	136	83.62	3.99	$542
Aug 2011	0	233	83.40	4.15	$967
Jul 2011	0	192	94.14	4.52	$867
Jun 2011	0	163	92.90	4.64	$756
May 2011	0	152	98.13	4.40	$670
Apr 2011	0	110	105.96	4.33	$477
Mar 2011	7	102	96.36	4.06	$1,088
Feb 2011	8	116	85.64	4.18	$1,170
Jan 2011	3	111	86.50	4.59	$769
Dec 2010	0	116	85.73	4.35	$504
Nov 2010	0	115	80.84	3.80	$436
Oct 2010	0	133	78.10	3.51	$467
Sep 2010	0	127	72.63	3.98	$505
Aug 2010	0	143	73.68	4.42	$632
Jul 2010	0	155	72.55	4.74	$734
Jun 2010	0	154	70.36	4.91	$756
May 2010	0	156	71.12	4.24	$661
Apr 2010	0	146	81.69	4.12	$602
Mar 2010	0	156	78.39	4.39	$685
Feb 2010	0	135	73.58	5.44	$735
Jan 2010	0	174	74.36	5.96	$1,038
Dec 2009	0	155	71.44	5.48	$850
Nov 2009	0	150	74.59	3.75	$563
Oct 2009	0	115	72.54	4.11	$473
Sep 2009	0	153	65.54	3.06	$469
Aug 2009	0	255	67.42	3.22	$821
Jul 2009	0	295	61.13	3.46	$1,022
Jun 2009	0	176	66.16	3.90	$686
May 2009	0	119	54.74	3.93	$467
Apr 2009	0	154	46.77	3.59	$552
Mar 2009	0	136	42.14	4.06	$552
Feb 2009	1	102	32.81	4.63	$505
Jan 2009	2	129	35.86	5.37	$765
Dec 2008	0	137	37.10	5.98	$819
Nov 2008	0	142	55.49	6.86	$974
Oct 2008	6	200	75.24	6.92	$1,836
Sep 2008	1	190	101.76	7.88	$1,598
Aug 2008	0	325	114.22	8.48	$2,757
Jul 2008	1	257	131.08	11.39	$3,058
Jun 2008	2	241	131.33	13.03	$3,404
May 2008	3	167	123.17	11.57	$2,302
Apr 2008	71	119	110.31	10.45	$9,076
Mar 2008	206	248	101.90	9.66	$23,388
Feb 2008	3	302	92.53	8.77	$2,926
Jan 2008	5	357	90.38	8.21	$3,381
Dec 2007	6	439	88.33	7.30	$3,736
Nov 2007	5	479	91.67	7.29	$3,951
Oct 2007	4	479	82.85	6.92	$3,647
Sep 2007	7	480	75.84	6.24	$3,528
Aug 2007	9	481	69.06	6.39	$3,694
Jul 2007	10	480	70.90	6.39	$3,775
Jun 2007	8	423	62.00	7.55	$3,689
May 2007	3	451	58.74	7.85	$3,715
Apr 2007	1	496	59.61	7.81	$3,931
Mar 2007	5	460	56.92	7.30	$3,644
Feb 2007	15	334	55.10	8.22	$3,571
Jan 2007	14	397	50.30	6.73	$3,375
Dec 2006	20	408	56.65	6.92	$3,956
Nov 2006	7	466	54.20	7.62	$3,929
Oct 2006	6	396	54.90	6.01	$2,711
Sep 2006	12	403	60.08	5.04	$2,751
Aug 2006	12	447	68.71	7.34	$4,105
Jul 2006	8	446	69.37	6.34	$3,384
Jun 2006	0	464	66.28	6.38	$2,962
May 2006	2	720	66.01	6.42	$4,758
Apr 2006	4	863	64.39	7.36	$6,610
Mar 2006	6	849	56.70	7.08	$6,354
Feb 2006	9	607	57.59	7.75	$5,223
Jan 2006	8	493	60.59	8.93	$4,889
Dec 2005	14	498	54.94	13.42	$7,450
Nov 2005	68	524	54.69	10.59	$9,267
Oct 2005	10	563	58.34	13.80	$8,350
Sep 2005	10	543	61.45	12.08	$7,173
Aug 2005	8	588	61.51	9.80	$6,253
Jul 2005	7	563	55.69	7.84	$4,806
Jun 2005	6	541	52.33	7.38	$4,307
May 2005	7	556	45.22	6.65	$4,015
Apr 2005	7	565	49.20	7.36	$4,503
Mar 2005	13	547	50.37	7.15	$4,569
Feb 2005	29	488	45.22	6.31	$4,392
Jan 2005	8	512	43.16	6.32	$3,582
Dec 2004	7	510	39.86	6.75	$3,722
Nov 2004	9	544	45.28	6.33	$3,851
Oct 2004	14	614	49.70	6.52	$4,696
Sep 2004	14	589	43.24	5.28	$3,718
Aug 2004	10	608	42.37	5.55	$3,799
Jul 2004	12	627	38.28	6.08	$4,274
Jun 2004	11	627	36.10	6.43	$4,431
May 2004	11	593	37.48	6.49	$4,264
Apr 2004	9	570	34.47	5.86	$3,650
Mar 2004	9	590	34.36	5.53	$3,572
Feb 2004	4	607	32.45	5.51	$3,474
Jan 2004	2	436	32.03	6.30	$2,811
Dec 2003	4	698	30.26	6.30	$4,520
Nov 2003	5	563	28.80	4.60	$2,731
Oct 2003	11	516	28.17	4.76	$2,766
Sep 2003	10	505	26.31	4.75	$2,662
Aug 2003	7	569	29.76	5.13	$3,127
Jul 2003	7	443	29.41	5.17	$2,497
Jun 2003	9	555	28.56	5.98	$3,578
May 2003	8	697	26.59	5.97	$4,376
Apr 2003	8	662	26.67	5.41	$3,793
Mar 2003	6	615	31.14	6.10	$3,936
Feb 2003	8	563	33.48	7.93	$4,730
Jan 2003	24	507	30.31	5.58	$3,558
Dec 2002	10	408	26.91	4.85	$2,249
Nov 2002	19	442	24.66	4.14	$2,297
Oct 2002	44	452	26.46	4.23	$3,076
Sep 2002	11	403	27.44	3.64	$1,767
Aug 2002	7	447	25.96	3.16	$1,596
Jul 2002	4	481	24.58	3.06	$1,571
Jun 2002	7	549	23.73	3.34	$1,999
May 2002	8	721	24.66	3.58	$2,781
Apr 2002	11	694	23.65	3.51	$2,698
Mar 2002	18	741	22.00	3.10	$2,695
Feb 2002	15	621	18.22	2.38	$1,749
Jan 2002	21	530	17.17	2.38	$1,620
Dec 2001	11	368	16.93	2.36	$1,056
Nov 2001	8	592	18.07	2.41	$1,569
Oct 2001	6	787	19.78	2.53	$2,109
Sep 2001	9	773	24.26	2.25	$1,959
Aug 2001	21	940	24.87	3.05	$3,392
Jul 2001	8	621	23.93	3.20	$2,177
Jun 2001	9	831	24.56	3.82	$3,399
May 2001	18	541	25.52	4.31	$2,790
Apr 2001	19	759	24.68	5.34	$4,518
Mar 2001	11	841	24.54	5.38	$4,792
Feb 2001	12	661	27.75	5.77	$4,145
Jan 2001	17	825	27.47	8.40	$7,396
Dec 2000	17	797	26.88	9.12	$7,728
Nov 2000	15	747	32.21	5.66	$4,710
Oct 2000	12	691	31.23	5.15	$3,930
Sep 2000	9	760	31.87	5.19	$4,229
Aug 2000	13	762	29.64	4.54	$3,845
Jul 2000	14	757	28.53	4.09	$3,495
Jun 2000	14	735	29.30	4.40	$3,642
May 2000	12	989	27.26	3.68	$3,966
Apr 2000	12	954	24.51	3.12	$3,267
Mar 2000	12	980	28.42	2.86	$3,144
Feb 2000	22	767	27.62	2.73	$2,699
Jan 2000	21	854	25.27	2.48	$2,649
Dec 1999	24	924	24.28	2.42	$2,822
Nov 1999	13	756	23.19	2.43	$2,142
Oct 1999	9	758	20.98	2.80	$2,314
Sep 1999	9	787	21.75	2.62	$2,257
Aug 1999	8	789	19.26	2.88	$2,423
Jul 1999	7	757	17.89	2.37	$1,921
Jun 1999	7	745	15.94	2.36	$1,871
May 1999	9	811	15.79	2.32	$2,024
Apr 1999	9	778	15.10	2.21	$1,854
Mar 1999	8	817	12.47	1.84	$1,602
Feb 1999	8	737	9.98	1.82	$1,420
Jan 1999	8	835	10.38	1.90	$1,670
Dec 1998	11	828	9.20	1.77	$1,570
Nov 1998	11	919	10.89	2.19	$2,128
Oct 1998	9	899	12.42	1.97	$1,882
Sep 1998	8	938	12.59	2.08	$2,054
Aug 1998	7	766	11.30	1.91	$1,540
Jul 1998	5	837	11.74	2.24	$1,931
Jun 1998	7	825	11.24	2.24	$1,924
May 1998	12	1,175	12.62	2.21	$2,744
Apr 1998	14	1,124	13.04	2.51	$2,999
Mar 1998	21	1,107	12.80	2.31	$2,825
Feb 1998	20	957	13.95	2.30	$2,479
Jan 1998	25	1,080	14.70	2.15	$2,695
Dec 1997	11	1,064	16.32	2.41	$2,745
Nov 1997	25	1,130	18.19	3.09	$3,944
Oct 1997	4	1,245	19.25	3.15	$3,999
Sep 1997	4	1,247	17.74	2.95	$3,756
Aug 1997	2	1,289	17.86	2.55	$3,329
Jul 1997	2	1,298	17.58	2.25	$2,952
Jun 1997	5	1,266	17.24	2.26	$2,944
May 1997	7	1,370	18.97	2.31	$3,295
Apr 1997	9	1,330	17.88	2.08	$2,931
Mar 1997	9	1,464	18.95	1.94	$3,009
Feb 1997	11	1,264	20.49	2.21	$3,014
Jan 1997	10	1,398	23.48	3.54	$5,183
Dec 1996	12	1,456	23.32	—	$280
Nov 1996	12	1,355	21.97	—	$264
Oct 1996	13	1,358	23.31	—	$303
Sep 1996	11	1,368	22.22	—	$244
Aug 1996	10	1,445	20.26	—	$203
Jul 1996	8	1,472	19.55	—	$156
Jun 1996	9	1,423	18.73	—	$169
May 1996	14	918	19.43	—	$272
Apr 1996	18	893	21.51	—	$387
Mar 1996	20	944	19.38	—	$388
Feb 1996	24	1,226	16.98	—	$408
Jan 1996	23	1,269	17.07	—	$393
Dec 1995	19	1,316	17.19	—	$327
Nov 1995	11	1,446	16.00	—	$176
Oct 1995	11	1,453	15.43	—	$170
Sep 1995	12	1,411	16.18	—	$194
Aug 1995	19	1,297	15.92	—	$302
Jul 1995	16	1,456	15.24	—	$244
Jun 1995	9	1,929	16.41	—	$148
May 1995	7	1,595	17.56	—	$123
Apr 1995	24	1,745	17.73	—	$426
Mar 1995	11	1,749	16.44	—	$181
Feb 1995	11	870	16.58	—	$182
Jan 1995	6	974	15.92	—	$96
Dec 1994	12	379	15.03	—	$180
Nov 1994	0	0	15.90	—	$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.

Mar 2014 — as filed, then multipliedworked

Condensate             0 bbl  × $ 95.89 =         $0
Gas                   66 Mcf  × $  5.06 =       $334

────────────────────────────────────────────────────
Month total                                     $334

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/152941 is the state's own key, not one this site invented.