STERLING "M" FEE

Name: STERLING "M" FEE lease production and value, Aug 1995 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 155873District 08Field 20097700CondensateGasSave Export

Value, all time

$1.0 M

Aug 1995 – Jun 2013

Value, last 12 filed months

at the published price for each month

Months reported

215

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	3,617 bbl	$176,974
Gas	Production	225,613 Mcf	$828,573
Total			$1,005,546

37,111 Mcf of this lease's gas, across 17 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 31.7252, -101.1586. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.72516, -101.15865 · 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

7,808 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 7,808 ft.

Completions filed

Jun 2013

1 of 1 wells

1 well


42-43131694	5	7,808 ft	Jun 2013	—	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 (215)

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

215 months


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	1	98	81.69	4.12	$486
Mar 2010	3	314	78.39	4.39	$1,613
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	2	70	65.54	3.06	$346
Aug 2009	6	308	67.42	3.22	$1,396
Jul 2009	3	277	61.13	3.46	$1,143
Jun 2009	4	255	66.16	3.90	$1,258
May 2009	0	143	54.74	3.93	$561
Apr 2009	0	176	46.77	3.59	$631
Mar 2009	0	258	42.14	4.06	$1,047
Feb 2009	0	286	32.81	4.63	$1,325
Jan 2009	0	364	35.86	5.37	$1,955
Dec 2008	1	357	37.10	5.98	$2,171
Nov 2008	37	521	55.49	6.86	$5,627
Oct 2008	89	895	75.24	6.92	$12,892
Sep 2008	55	817	101.76	7.88	$12,032
Aug 2008	151	1,219	114.22	8.48	$27,588
Jul 2008	368	1,426	131.08	11.39	$64,479
Jun 2008	0	411	131.33	13.03	$5,356
May 2008	0	449	123.17	11.57	$5,197
Apr 2008	3	536	110.31	10.45	$5,935
Mar 2008	20	605	101.90	9.66	$7,885
Feb 2008	11	286	92.53	8.77	$3,526
Jan 2008	1	77	90.38	8.21	$722
Dec 2007	14	44	88.33	7.30	$1,558
Nov 2007	18	726	91.67	7.29	$6,944
Oct 2007	4	964	82.85	6.92	$7,004
Sep 2007	8	842	75.84	6.24	$5,864
Aug 2007	11	875	69.06	6.39	$6,349
Jul 2007	12	843	70.90	6.39	$6,236
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	167	56.92	7.30	$1,219
Feb 2007	0	0	55.10	8.22	$0
Jan 2007	0	0	50.30	6.73	$0
Dec 2006	0	0	56.65	6.92	$0
Nov 2006	0	0	54.20	7.62	$0
Oct 2006	0	0	54.90	6.01	$0
Sep 2006	0	33	60.08	5.04	$166
Aug 2006	0	424	68.71	7.34	$3,112
Jul 2006	0	412	69.37	6.34	$2,613
Jun 2006	0	395	66.28	6.38	$2,522
May 2006	5	578	66.01	6.42	$4,044
Apr 2006	2	773	64.39	7.36	$5,818
Mar 2006	2	832	56.70	7.08	$6,006
Feb 2006	4	841	57.59	7.75	$6,749
Jan 2006	15	1,017	60.59	8.93	$9,994
Dec 2005	70	1,005	54.94	13.42	$17,328
Nov 2005	37	1,067	54.69	10.59	$13,321
Oct 2005	18	1,057	58.34	13.80	$15,632
Sep 2005	81	1,163	61.45	12.08	$19,025
Aug 2005	7	1,148	61.51	9.80	$11,677
Jul 2005	16	1,127	55.69	7.84	$9,731
Jun 2005	24	1,144	52.33	7.38	$9,700
May 2005	8	1,278	45.22	6.65	$8,862
Apr 2005	7	1,232	49.20	7.36	$9,413
Mar 2005	14	1,239	50.37	7.15	$9,570
Feb 2005	21	1,112	45.22	6.31	$7,968
Jan 2005	44	1,066	43.16	6.32	$8,639
Dec 2004	13	1,123	39.86	6.75	$8,100
Nov 2004	64	929	45.28	6.33	$8,779
Oct 2004	71	1,134	49.70	6.52	$10,917
Sep 2004	34	1,125	43.24	5.28	$7,415
Aug 2004	0	987	42.37	5.55	$5,479
Jul 2004	0	1,016	38.28	6.08	$6,182
Jun 2004	1	1,064	36.10	6.43	$6,881
May 2004	14	1,026	37.48	6.49	$7,188
Apr 2004	17	804	34.47	5.86	$5,296
Mar 2004	15	850	34.36	5.53	$5,216
Feb 2004	8	779	32.45	5.51	$4,552
Jan 2004	24	1,133	32.03	6.30	$7,906
Dec 2003	25	1,108	30.26	6.30	$7,739
Nov 2003	13	1,110	28.80	4.60	$5,475
Oct 2003	12	1,175	28.17	4.76	$5,931
Sep 2003	7	1,156	26.31	4.75	$5,674
Aug 2003	16	1,287	29.76	5.13	$7,078
Jul 2003	12	1,296	29.41	5.17	$7,054
Jun 2003	12	1,249	28.56	5.98	$7,815
May 2003	12	1,369	26.59	5.97	$8,496
Apr 2003	8	1,390	26.67	5.41	$7,729
Mar 2003	8	1,381	31.14	6.10	$8,668
Feb 2003	13	1,160	33.48	7.93	$9,629
Jan 2003	10	1,105	30.31	5.58	$6,471
Dec 2002	12	1,035	26.91	4.85	$5,347
Nov 2002	16	1,292	24.66	4.14	$5,740
Oct 2002	19	1,118	26.46	4.23	$5,231
Sep 2002	45	1,078	27.44	3.64	$5,154
Aug 2002	29	1,234	25.96	3.16	$4,657
Jul 2002	19	1,216	24.58	3.06	$4,190
Jun 2002	12	1,122	23.73	3.34	$4,030
May 2002	2	1,251	24.66	3.58	$4,533
Apr 2002	8	1,259	23.65	3.51	$4,611
Mar 2002	30	1,401	22.00	3.10	$5,007
Feb 2002	141	1,212	18.22	2.38	$5,448
Jan 2002	12	2,924	17.17	2.38	$7,153
Dec 2001	27	2,598	16.93	2.36	$6,600
Nov 2001	3	2,465	18.07	2.41	$5,984
Oct 2001	5	1,322	19.78	2.53	$3,442
Sep 2001	16	1,132	24.26	2.25	$2,937
Aug 2001	33	1,431	24.87	3.05	$5,190
Jul 2001	21	1,361	23.93	3.20	$4,854
Jun 2001	14	1,343	24.56	3.82	$5,480
May 2001	60	1,728	25.52	4.31	$8,974
Apr 2001	23	1,570	24.68	5.34	$8,944
Mar 2001	10	1,658	24.54	5.38	$9,160
Feb 2001	8	1,471	27.75	5.77	$8,705
Jan 2001	8	1,662	27.47	8.40	$14,179
Dec 2000	11	1,750	26.88	9.12	$16,260
Nov 2000	25	2,120	32.21	5.66	$12,800
Oct 2000	94	2,215	31.23	5.15	$14,333
Sep 2000	650	2,126	31.87	5.19	$31,742
Aug 2000	9	2,108	29.64	4.54	$9,839
Jul 2000	9	2,182	28.53	4.09	$9,181
Jun 2000	16	2,160	29.30	4.40	$9,967
May 2000	12	2,223	27.26	3.68	$8,507
Apr 2000	26	2,130	24.51	3.12	$7,274
Mar 2000	112	2,102	28.42	2.86	$9,194
Feb 2000	10	2,087	27.62	2.73	$5,966
Jan 2000	5	2,250	25.27	2.48	$5,707
Dec 1999	6	2,244	24.28	2.42	$5,585
Nov 1999	7	1,760	23.19	2.43	$4,446
Oct 1999	6	1,881	20.98	2.80	$5,400
Sep 1999	9	1,996	21.75	2.62	$5,423
Aug 1999	7	1,960	19.26	2.88	$5,771
Jul 1999	6	1,991	17.89	2.37	$4,831
Jun 1999	8	1,749	15.94	2.36	$4,259
May 1999	26	2,245	15.79	2.32	$5,621
Apr 1999	21	2,179	15.10	2.21	$5,128
Mar 1999	21	2,287	12.47	1.84	$4,466
Feb 1999	12	2,070	9.98	1.82	$3,883
Jan 1999	10	2,078	10.38	1.90	$4,052
Dec 1998	11	1,940	9.20	1.77	$3,541
Nov 1998	10	1,190	10.89	2.19	$2,710
Oct 1998	7	1,212	12.42	1.97	$2,474
Sep 1998	6	1,230	12.59	2.08	$2,637
Aug 1998	2	1,338	11.30	1.91	$2,575
Jul 1998	2	1,779	11.74	2.24	$4,004
Jun 1998	2	1,707	11.24	2.24	$3,842
May 1998	3	1,608	12.62	2.21	$3,586
Apr 1998	4	1,542	13.04	2.51	$3,915
Mar 1998	8	1,803	12.80	2.31	$4,266
Feb 1998	24	1,604	13.95	2.30	$4,023
Jan 1998	25	1,771	14.70	2.15	$4,184
Dec 1997	6	1,752	16.32	2.41	$4,322
Nov 1997	3	1,668	18.19	3.09	$5,206
Oct 1997	4	1,715	19.25	3.15	$5,479
Sep 1997	3	1,817	17.74	2.95	$5,422
Aug 1997	1	1,983	17.86	2.55	$5,084
Jul 1997	1	1,928	17.58	2.25	$4,350
Jun 1997	4	1,923	17.24	2.26	$4,410
May 1997	4	1,953	18.97	2.31	$4,584
Apr 1997	6	2,084	17.88	2.08	$4,448
Mar 1997	5	2,134	18.95	1.94	$4,233
Feb 1997	6	2,255	20.49	2.21	$5,097
Jan 1997	7	2,482	23.48	3.54	$8,950
Dec 1996	6	2,112	23.32	—	$140
Nov 1996	6	2,063	21.97	—	$132
Oct 1996	9	2,073	23.31	—	$210
Sep 1996	12	2,006	22.22	—	$267
Aug 1996	12	2,395	20.26	—	$243
Jul 1996	8	2,365	19.55	—	$156
Jun 1996	5	2,270	18.73	—	$94
May 1996	7	2,155	19.43	—	$136
Apr 1996	8	2,170	21.51	—	$172
Mar 1996	11	2,330	19.38	—	$213
Feb 1996	16	2,147	16.98	—	$272
Jan 1996	16	2,382	17.07	—	$273
Dec 1995	13	2,421	17.19	—	$223
Nov 1995	8	1,812	16.00	—	$128
Oct 1995	10	1,993	15.43	—	$154
Sep 1995	5	2,413	16.18	—	$81
Aug 1995	14	2,004	15.92	—	$223

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.

Apr 2010 — as filed, then multipliedworked

Condensate             1 bbl  × $ 81.69 =        $82
Gas                   98 Mcf  × $  4.12 =       $404

────────────────────────────────────────────────────
Month total                                     $486

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/155873 is the state's own key, not one this site invented.