STERLING 'K' 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 152943District 08Field 20097700CondensateGasSaveExport
Value, all time
$1.1 M
Dec 1994 – Jan 2014
Value, last 12 filed months
$32 k
at the published price for each month
Months reported
230
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
CondensateDisposition3,340 bbl$123,577
GasProduction260,804 Mcf$940,892
Total$1,064,469

49,197 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 31.7161, -101.1832. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.71615, -101.18324 · 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
0.0%
0 of 1 wells
Median depth
7,950 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 7,950 ft.

Completions filed
Jan 2014
1 of 1 wells

1 well

42-4313137977,950 ftJan 2014Yes

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 (230)

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

230 months

Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 2013648397.423.78$2,410
Sep 201321,060104.113.72$4,149
Aug 201361,173104.253.52$4,758
Jul 2013351,162102.523.72$7,908
Jun 201311,04194.403.93$4,189
May 20131354194.834.15$3,477
Apr 2013033693.964.28$1,439
Mar 2013046593.623.91$1,819
Feb 2013050491.233.42$1,724
Jan 2013056391.603.42$1,925
Dec 2012042886.773.42$1,464
Nov 2012034486.953.62$1,247
Oct 2012041389.383.40$1,404
Sep 2012048894.672.92$1,424
Aug 2012072692.662.91$2,111
Jul 2012070785.133.02$2,136
Jun 2012071779.822.52$1,806
May 2012068091.612.49$1,692
Apr 201201,049101.652.00$2,095
Mar 20120807105.052.22$1,793
Feb 20120564101.102.57$1,450
Jan 2012066198.092.73$1,807
Dec 2011074696.873.24$2,417
Nov 2011099095.723.31$3,278
Oct 2011079284.983.65$2,890
Sep 2011049883.623.99$1,985
Aug 2011069583.404.15$2,884
Jul 2011069094.144.52$3,117
Jun 2011065192.904.64$3,021
May 2011060998.134.40$2,683
Apr 20110466105.964.33$2,019
Mar 2011062696.364.06$2,540
Feb 2011081485.644.18$3,403
Jan 2011070486.504.59$3,231
Dec 2010169785.734.35$3,116
Nov 20101372680.843.80$3,806
Oct 20101981678.103.51$4,347
Sep 20101978372.633.98$4,496
Aug 20102774673.684.42$5,286
Jul 20103377772.554.74$6,074
Jun 20101376970.364.91$4,691
May 20103679171.124.24$5,910
Apr 20101773581.694.12$4,419
Mar 20102672678.394.39$5,224
Feb 20102261973.585.44$4,988
Jan 20104184674.365.96$8,094
Dec 20092854871.445.48$5,005
Nov 20093875174.593.75$5,652
Oct 2009727572.544.11$1,638
Sep 2009628365.543.06$1,261
Aug 2009232167.423.22$1,168
Jul 2009071361.133.46$2,470
Jun 2009078666.163.90$3,061
May 2009268754.743.93$2,806
Apr 2009754246.773.59$2,272
Mar 20092650242.144.06$3,133
Feb 20091747132.814.63$2,740
Jan 20091652435.865.37$3,388
Dec 20081253437.105.98$3,637
Nov 2008341355.496.86$3,000
Oct 20082749475.246.92$5,451
Sep 20087487101.767.88$4,548
Aug 20081608114.228.48$5,272
Jul 20085545131.0811.39$6,863
Jun 20083516131.3313.03$7,119
May 20083522123.1711.57$6,411
Apr 20084481110.3110.45$5,470
Mar 20089552101.909.66$6,252
Feb 2008851892.538.77$5,283
Jan 20081461190.388.21$6,279
Dec 20071265788.337.30$5,857
Nov 2007857891.677.29$4,948
Oct 2007557882.856.92$4,415
Sep 20071157975.846.24$4,450
Aug 20071358169.066.39$4,609
Jul 20071558170.906.39$4,775
Jun 20071152462.007.55$4,637
May 2007752058.747.85$4,491
Apr 2007447559.617.81$3,946
Mar 20071344156.927.30$3,960
Feb 20071548555.108.22$4,811
Jan 20071054650.306.73$4,176
Dec 20061862856.656.92$5,364
Nov 2006663754.207.62$5,178
Oct 2006558354.906.01$3,781
Sep 2006467360.085.04$3,630
Aug 2006984268.717.34$6,799
Jul 2006886369.376.34$6,029
Jun 2006089766.286.38$5,726
May 2006282266.016.42$5,413
Apr 2006475464.397.36$5,807
Mar 2006676756.707.08$5,773
Feb 2006991657.597.75$7,618
Jan 200681,14160.598.93$10,678
Dec 2005141,15254.9413.42$16,224
Nov 2005771,15354.6910.59$16,420
Oct 2005161,12758.3413.80$16,481
Sep 2005151,08561.4512.08$14,027
Aug 2005131,17561.519.80$12,311
Jul 2005111,12755.697.84$9,452
Jun 200591,08252.337.38$8,457
May 2005101,09145.226.65$7,709
Apr 2005101,09949.207.36$8,581
Mar 2005191,06450.377.15$8,570
Feb 20055494945.226.31$8,432
Jan 20051799643.166.32$7,031
Dec 20041599139.866.75$7,288
Nov 2004131,00945.286.33$6,976
Oct 2004141,06649.706.52$7,641
Sep 2004141,02243.245.28$6,006
Aug 2004131,08842.375.55$6,590
Jul 2004171,13538.286.08$7,556
Jun 2004171,13536.106.43$7,915
May 2004201,19437.486.49$8,504
Apr 2004171,23034.475.86$7,792
Mar 2004181,27434.365.53$7,664
Feb 200491,18732.455.51$6,832
Jan 200491,19132.036.30$7,791
Dec 2003111,22330.266.30$8,040
Nov 200341,38128.804.60$6,461
Oct 200371,39628.174.76$6,842
Sep 200361,36526.314.75$6,641
Aug 200331,25929.765.13$6,548
Jul 200331,03029.415.17$5,414
Jun 200371,11628.565.98$6,877
May 2003121,24326.595.97$7,743
Apr 2003121,18426.675.41$6,722
Mar 2003121,13431.146.10$7,287
Feb 2003161,03833.487.93$8,763
Jan 2003441,03630.315.58$7,117
Dec 20022590326.914.85$5,056
Nov 20024997824.664.14$5,254
Oct 20021091,00126.464.23$7,117
Sep 20022889327.443.64$4,015
Aug 20022394825.963.16$3,597
Jul 2002111,08724.583.06$3,599
Jun 2002111,29723.733.34$4,591
May 2002161,52924.663.58$5,875
Apr 2002221,47123.653.51$5,687
Mar 2002371,57022.003.10$5,685
Feb 2002261,31618.222.38$3,600
Jan 2002361,06017.172.38$3,136
Dec 2001271,08816.932.36$3,030
Nov 2001221,03718.072.41$2,892
Oct 2001321,08619.782.53$3,379
Sep 2001371,16324.262.25$3,516
Aug 2001641,68024.873.05$6,721
Jul 2001341,72223.933.20$6,319
Jun 2001261,57524.563.82$6,662
May 2001461,47925.524.31$7,544
Apr 2001231,52224.685.34$8,688
Mar 2001181,79124.545.38$10,071
Feb 2001211,59427.755.77$9,775
Jan 2001281,64527.478.40$14,585
Dec 2000281,55126.889.12$14,902
Nov 2000251,46632.215.66$9,100
Oct 2000191,35631.235.15$7,571
Sep 2000161,49131.875.19$8,243
Aug 2000211,49429.644.54$7,406
Jul 2000241,48428.534.09$6,754
Jun 2000261,44329.304.40$7,107
May 2000391,35627.263.68$6,053
Apr 2000401,30824.513.12$5,056
Mar 2000361,34428.422.86$4,867
Feb 2000261,35527.622.73$4,413
Jan 2000251,50825.272.48$4,372
Dec 1999271,52724.282.42$4,357
Nov 1999171,78823.192.43$4,746
Oct 1999131,79120.982.80$5,294
Sep 1999121,85921.752.62$5,129
Aug 1999111,86419.262.88$5,572
Jul 199991,79017.892.37$4,408
Jun 1999101,76015.942.36$4,317
May 1999121,91615.792.32$4,637
Apr 1999121,83915.102.21$4,242
Mar 1999111,93012.471.84$3,685
Feb 1999101,7439.981.82$3,268
Jan 1999111,97510.381.90$3,867
Dec 1998162,0229.201.77$3,733
Nov 1998142,09710.892.19$4,736
Oct 1998132,05212.421.97$4,202
Sep 1998142,21412.592.08$4,787
Aug 1998302,54611.301.91$5,195
Jul 1998222,78111.742.24$6,480
Jun 1998252,74311.242.24$6,418
May 1998121,36612.622.21$3,165
Apr 1998141,30713.042.51$3,457
Mar 1998211,28812.802.31$3,243
Feb 1998201,11313.952.30$2,838
Jan 1998251,25714.702.15$3,076
Dec 1997121,23616.322.41$3,176
Nov 1997311,20118.193.09$4,273
Oct 199751,32519.253.15$4,270
Sep 199741,32717.742.95$3,992
Aug 199731,34317.862.55$3,485
Jul 199731,35217.582.25$3,091
Jun 199761,31917.242.26$3,081
May 1997131,45218.972.31$3,599
Apr 1997151,41017.882.08$3,205
Mar 1997161,55218.951.94$3,313
Feb 1997151,39020.492.21$3,374
Jan 1997141,53823.483.54$5,773
Dec 1996171,60123.32$396
Nov 1996181,52121.97$395
Oct 1996201,52423.31$466
Sep 1996171,53622.22$378
Aug 1996161,65220.26$324
Jul 1996131,68219.55$254
Jun 1996141,62618.73$262
May 1996141,99419.43$272
Apr 1996171,93821.51$366
Mar 1996192,05019.38$368
Feb 1996192,03616.98$323
Jan 1996182,10717.07$307
Dec 1995152,11517.19$258
Nov 1995152,38016.00$240
Oct 1995192,47115.43$293
Sep 1995202,75916.18$324
Aug 1995172,38815.92$271
Jul 1995152,04815.24$229
Jun 1995122,54816.41$197
May 1995142,86717.56$246
Apr 199592,30317.73$160
Mar 1995152,30816.44$247
Feb 1995101,03916.58$166
Jan 199551,52015.92$80
Dec 199421,18415.03$30

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             6 bbl  × $ 97.42 =       $585
Gas                  483 Mcf  × $  3.78 =     $1,825

────────────────────────────────────────────────────
Month total                                   $2,410

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/152943 is the state's own key, not one this site invented.