STERLING "I" FEE

Name: STERLING "I" FEE lease production and value, Jul 1997 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 164418District 08Field 20097700CondensateGasSave Export

Value, all time

$474 k

Jul 1997 – May 2016

Value, last 12 filed months

at the published price for each month

Months reported

227

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	2,098 bbl	$69,649
Gas	Production	86,751 Mcf	$404,769
Total			$474,418

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 31.7394, -101.1905. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.73936, -101.19048 · 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

100.0%

1 of 1 wells

Median depth

8,100 ft

1 wells filed one

Completion to plug

38.3 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 8,100 ft.

Completions filed

Jan 1978

1 of 1 wells

Plug dates filed

May 2016

1 of 1 wells

Last completion to plug: a median of 38.3 years across the 1 well that filed both dates, with the middle half between 38.3 years and 38.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-43130276	1	8,100 ft	Jan 1978	May 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 (227)

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

227 months


May 2016	0	0	42.52	1.99	$0
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	3	67.42	3.22	$10
Jul 2009	0	4	61.13	3.46	$14
Jun 2009	0	3	66.16	3.90	$12
May 2009	0	5	54.74	3.93	$20
Apr 2009	0	4	46.77	3.59	$14
Mar 2009	0	9	42.14	4.06	$37
Feb 2009	0	80	32.81	4.63	$371
Jan 2009	0	153	35.86	5.37	$822
Dec 2008	0	172	37.10	5.98	$1,028
Nov 2008	0	701	55.49	6.86	$4,809
Oct 2008	0	435	75.24	6.92	$3,011
Sep 2008	4	134	101.76	7.88	$1,463
Aug 2008	0	79	114.22	8.48	$670
Jul 2008	0	128	131.08	11.39	$1,458
Jun 2008	0	153	131.33	13.03	$1,994
May 2008	0	150	123.17	11.57	$1,736
Apr 2008	0	152	110.31	10.45	$1,589
Mar 2008	5	399	101.90	9.66	$4,365
Feb 2008	1	573	92.53	8.77	$5,118
Jan 2008	1	672	90.38	8.21	$5,605
Dec 2007	0	397	88.33	7.30	$2,899
Nov 2007	0	332	91.67	7.29	$2,421
Oct 2007	5	439	82.85	6.92	$3,453
Sep 2007	8	402	75.84	6.24	$3,117
Aug 2007	9	434	69.06	6.39	$3,394
Jul 2007	17	535	70.90	6.39	$4,623
Jun 2007	14	502	62.00	7.55	$4,657
May 2007	14	582	58.74	7.85	$5,389
Apr 2007	40	526	59.61	7.81	$6,490
Mar 2007	25	570	56.92	7.30	$5,585
Feb 2007	20	555	55.10	8.22	$5,662
Jan 2007	10	464	50.30	6.73	$3,624
Dec 2006	14	467	56.65	6.92	$4,024
Nov 2006	18	525	54.20	7.62	$4,975
Oct 2006	15	554	54.90	6.01	$4,155
Sep 2006	13	467	60.08	5.04	$3,133
Aug 2006	19	498	68.71	7.34	$4,961
Jul 2006	8	474	69.37	6.34	$3,561
Jun 2006	15	454	66.28	6.38	$3,892
May 2006	14	548	66.01	6.42	$4,445
Apr 2006	12	509	64.39	7.36	$4,519
Mar 2006	10	509	56.70	7.08	$4,172
Feb 2006	10	371	57.59	7.75	$3,452
Jan 2006	13	384	60.59	8.93	$4,218
Dec 2005	16	451	54.94	13.42	$6,929
Nov 2005	10	315	54.69	10.59	$3,882
Oct 2005	18	471	58.34	13.80	$7,548
Sep 2005	3	457	61.45	12.08	$5,704
Aug 2005	12	462	61.51	9.80	$5,264
Jul 2005	10	431	55.69	7.84	$3,938
Jun 2005	8	421	52.33	7.38	$3,526
May 2005	15	440	45.22	6.65	$3,605
Apr 2005	23	430	49.20	7.36	$4,297
Mar 2005	23	442	50.37	7.15	$4,321
Feb 2005	14	426	45.22	6.31	$3,322
Jan 2005	17	597	43.16	6.32	$4,508
Dec 2004	14	579	39.86	6.75	$4,467
Nov 2004	18	569	45.28	6.33	$4,417
Oct 2004	27	502	49.70	6.52	$4,612
Sep 2004	23	480	43.24	5.28	$3,531
Aug 2004	22	498	42.37	5.55	$3,696
Jul 2004	33	584	38.28	6.08	$4,816
Jun 2004	30	527	36.10	6.43	$4,473
May 2004	31	584	37.48	6.49	$4,955
Apr 2004	12	569	34.47	5.86	$3,747
Mar 2004	9	599	34.36	5.53	$3,622
Feb 2004	13	586	32.45	5.51	$3,650
Jan 2004	26	600	32.03	6.30	$4,613
Dec 2003	18	614	30.26	6.30	$4,414
Nov 2003	22	623	28.80	4.60	$3,496
Oct 2003	18	628	28.17	4.76	$3,496
Sep 2003	20	612	26.31	4.75	$3,433
Aug 2003	16	617	29.76	5.13	$3,641
Jul 2003	12	600	29.41	5.17	$3,455
Jun 2003	10	588	28.56	5.98	$3,804
May 2003	11	609	26.59	5.97	$3,930
Apr 2003	10	553	26.67	5.41	$3,257
Mar 2003	6	605	31.14	6.10	$3,875
Feb 2003	6	557	33.48	7.93	$4,616
Jan 2003	8	581	30.31	5.58	$3,486
Dec 2002	16	510	26.91	4.85	$2,906
Nov 2002	9	581	24.66	4.14	$2,626
Oct 2002	9	544	26.46	4.23	$2,539
Sep 2002	19	544	27.44	3.64	$2,499
Aug 2002	13	580	25.96	3.16	$2,173
Jul 2002	12	576	24.58	3.06	$2,059
Jun 2002	15	563	23.73	3.34	$2,235
May 2002	16	582	24.66	3.58	$2,480
Apr 2002	13	629	23.65	3.51	$2,517
Mar 2002	14	607	22.00	3.10	$2,191
Feb 2002	27	500	18.22	2.38	$1,680
Jan 2002	38	568	17.17	2.38	$2,002
Dec 2001	41	541	16.93	2.36	$1,973
Nov 2001	35	564	18.07	2.41	$1,989
Oct 2001	31	606	19.78	2.53	$2,146
Sep 2001	28	587	24.26	2.25	$2,001
Aug 2001	20	631	24.87	3.05	$2,424
Jul 2001	20	645	23.93	3.20	$2,541
Jun 2001	15	614	24.56	3.82	$2,716
May 2001	17	828	25.52	4.31	$4,000
Apr 2001	19	788	24.68	5.34	$4,673
Mar 2001	15	856	24.54	5.38	$4,970
Feb 2001	27	700	27.75	5.77	$4,786
Jan 2001	31	775	27.47	8.40	$7,361
Dec 2000	31	640	26.88	9.12	$6,672
Nov 2000	32	625	32.21	5.66	$4,567
Oct 2000	26	654	31.23	5.15	$4,177
Sep 2000	24	649	31.87	5.19	$4,131
Aug 2000	36	648	29.64	4.54	$4,009
Jul 2000	35	655	28.53	4.09	$3,677
Jun 2000	34	635	29.30	4.40	$3,788
May 2000	14	784	27.26	3.68	$3,267
Apr 2000	14	752	24.51	3.12	$2,686
Mar 2000	13	804	28.42	2.86	$2,669
Feb 2000	16	657	27.62	2.73	$2,233
Jan 2000	14	707	25.27	2.48	$2,107
Dec 1999	14	701	24.28	2.42	$2,039
Nov 1999	12	821	23.19	2.43	$2,277
Oct 1999	12	871	20.98	2.80	$2,694
Sep 1999	11	845	21.75	2.62	$2,452
Aug 1999	12	867	19.26	2.88	$2,724
Jul 1999	11	870	17.89	2.37	$2,261
Jun 1999	8	828	15.94	2.36	$2,083
May 1999	9	870	15.79	2.32	$2,161
Apr 1999	9	813	15.10	2.21	$1,931
Mar 1999	9	830	12.47	1.84	$1,638
Feb 1999	15	771	9.98	1.82	$1,551
Jan 1999	16	875	10.38	1.90	$1,829
Dec 1998	18	890	9.20	1.77	$1,744
Nov 1998	8	733	10.89	2.19	$1,689
Oct 1998	9	750	12.42	1.97	$1,589
Sep 1998	11	718	12.59	2.08	$1,634
Aug 1998	36	1,017	11.30	1.91	$2,347
Jul 1998	25	934	11.74	2.24	$2,383
Jun 1998	27	903	11.24	2.24	$2,324
May 1998	19	1,341	12.62	2.21	$3,198
Apr 1998	17	1,301	13.04	2.51	$3,481
Mar 1998	16	1,361	12.80	2.31	$3,348
Feb 1998	15	1,516	13.95	2.30	$3,695
Jan 1998	18	1,902	14.70	2.15	$4,363
Dec 1997	14	1,375	16.32	2.41	$3,544
Nov 1997	4	1,100	18.19	3.09	$3,470
Oct 1997	4	1,137	19.25	3.15	$3,658
Sep 1997	6	841	17.74	2.95	$2,591
Aug 1997	6	966	17.86	2.55	$2,575
Jul 1997	0	161	17.58	2.25	$362

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.

Aug 2009 — as filed, then multipliedworked

Condensate             0 bbl  × $ 67.42 =         $0
Gas                    3 Mcf  × $  3.22 =        $10

────────────────────────────────────────────────────
Month total                                      $10

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/164418 is the state's own key, not one this site invented.