STERLING 'T' FEE

Operated by BURK ROYALTY CO., LTD. (P-5 108799) in the CONGER, SW (PENN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 198432District 08Field 20101500NGPA filingCondensateGasSaveExport
Value, all time
$815 k
Sep 2003 – May 2026
Value, last 12 filed months
$64 k
at the published price for each month
Months reported
273
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 271 leases and 445 wells, and the rule below applies to all of them.

Discovered
1979-02-21
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 1986-07-01.

The Commission's schedule remark for this field reads: OPERATOR REQUEST. TEXACO E & P INC ALLICIANT..

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.

ProgrammeFilingsWith an approval dateDatedDocket
NGPA1none

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.

StreamBasisVolumeValue
CondensateDisposition854 bbl$49,134
GasProduction170,924 Mcf$765,367
Total$814,501

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 31.7077, -101.2355. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.70770, -101.23552 · 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
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
8,300 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
00.0%
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.
1100.0%

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 8,300 ft.

Completions filed
Sep 2003
1 of 1 wells

1 well

42-4313134568,300 ftSep 2003

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 (273)

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

273 months

May 202631,358106.413.05$4,455
Apr 2026465598.932.87$2,275
Mar 202631,17889.753.15$3,979
Feb 202631,22563.503.75$4,785
Jan 202641,28059.138.00$10,474
Dec 202541,26856.664.41$5,823
Nov 202541,59958.593.93$6,513
Oct 202551,54759.383.30$5,409
Sep 202541,37962.743.08$4,494
Aug 202541,50363.933.01$4,787
Jul 202541,72866.743.32$5,996
Jun 202541,36266.483.13$4,527
May 202541,32860.553.23$4,535
Apr 202571,23662.363.54$4,816
Mar 2025678167.704.27$3,740
Feb 2025590470.884.34$4,279
Jan 2025487074.324.28$4,020
Dec 2024582568.993.12$2,920
Nov 2024778369.052.20$2,205
Oct 2024885271.372.28$2,515
Sep 2024880769.612.36$2,465
Aug 2024878575.632.06$2,225
Jul 2024985879.932.15$2,561
Jun 2024877978.082.63$2,677
May 2024788878.812.20$2,504
Apr 2024660784.451.66$1,514
Mar 20241496080.301.55$2,608
Feb 20241187376.091.78$2,394
Jan 2024151,15673.023.30$4,907
Dec 2023141,13571.262.61$3,961
Nov 202381,39877.892.81$4,548
Oct 202351,15785.443.09$3,999
Sep 2023362289.042.74$1,968
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 2023321672.852.39$735
Feb 2023387275.112.47$2,375
Jan 202331,01676.533.39$3,672
Dec 2022475876.415.73$4,648
Nov 202221,12585.005.65$6,522
Oct 2022191287.185.86$5,435
Sep 202211,05484.888.16$8,689
Aug 202201,33094.529.13$12,139
Jul 202201,141101.587.54$8,606
Jun 202201,005115.097.98$8,017
May 202201,187109.378.43$10,010
Apr 202201,079104.226.84$7,378
Mar 202201,135108.885.08$5,762
Feb 2022070891.054.86$3,440
Jan 2022092181.844.54$4,179
Dec 2021096371.323.90$3,755
Nov 2021085777.435.24$4,488
Oct 2021088179.795.71$5,034
Sep 2021096869.865.35$5,180
Aug 2021091866.024.22$3,875
Jul 2021070770.783.98$2,815
Jun 2021059769.493.38$2,018
May 2021024863.483.02$748
Apr 2021069960.362.76$1,928
Mar 2021084761.302.72$2,301
Feb 2021041757.805.55$2,314
Jan 2021078550.412.81$2,206
Dec 2020078644.642.68$2,103
Nov 2020059438.772.71$1,608
Oct 2020085536.972.48$2,119
Sep 2020077737.091.99$1,547
Aug 202001,14039.982.39$2,719
Jul 202051,11638.371.83$2,229
Jun 2020587534.901.69$1,654
May 20201016.921.81$17
Apr 2020767414.751.80$1,319
Mar 2020872430.341.86$1,587
Feb 2020674749.881.98$1,779
Jan 2020883657.252.09$2,209
Dec 2019986659.012.30$2,527
Nov 2019876955.302.75$2,558
Oct 2019576553.472.42$2,118
Sep 2019672455.052.66$2,254
Aug 2019441953.112.30$1,178
Jul 2019769556.272.46$2,104
Jun 2019566352.782.49$1,916
May 2019573358.482.74$2,301
Apr 2019880462.632.75$2,713
Mar 2019191,00156.803.06$4,144
Feb 20191197750.852.79$3,287
Jan 2019490746.033.23$3,112
Dec 2018494746.594.19$4,150
Nov 2018375452.934.24$3,354
Oct 2018390261.443.40$3,249
Sep 2018291059.543.11$2,947
Aug 201821,01659.403.07$3,234
Jul 201851,05165.142.93$3,407
Jun 2018888060.183.08$3,189
May 20181598465.382.90$3,835
Apr 20182296863.842.90$4,212
Mar 20182172261.222.79$3,298
Feb 20182062361.782.77$2,959
Jan 2018259462.874.01$2,507
Dec 2017060157.272.92$1,756
Nov 2017052355.423.12$1,631
Oct 2017051449.292.98$1,534
Sep 2017039847.523.09$1,229
Aug 2017048245.373.00$1,448
Jul 2017050043.873.09$1,544
Jun 2017053442.493.09$1,649
May 2017056745.373.26$1,850
Apr 2017048647.933.21$1,561
Mar 2017048946.772.98$1,459
Feb 2017046750.452.95$1,379
Jan 2017054449.413.42$1,860
Dec 2016047248.763.72$1,757
Nov 2016055742.492.64$1,473
Oct 2016037346.193.09$1,153
Sep 2016027541.553.10$853
Aug 2016026041.442.92$760
Jul 2016020541.622.92$599
Jun 2016041645.352.69$1,117
May 2016045042.521.99$896
Apr 2016027736.561.99$552
Mar 2016045133.011.79$809
Feb 2016039626.472.06$817
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 2015022756.152.88$654
May 2015033155.212.96$978
Apr 2015033349.822.71$901
Mar 2015037242.892.93$1,092
Feb 2015333444.662.98$1,128
Jan 20151939443.433.10$2,047
Dec 2014842154.693.59$1,949
Nov 2014339870.464.25$1,904
Oct 2014236678.303.90$1,584
Sep 2014340686.164.05$1,901
Aug 2014046889.394.04$1,888
Jul 2014047896.564.18$1,998
Jun 2014042998.164.74$2,032
May 2014045394.734.73$2,141
Apr 2014044795.944.81$2,150
Mar 2014064195.895.06$3,241
Feb 2014080597.406.19$4,985
Jan 2014079490.404.86$3,859
Dec 2013046491.824.35$2,020
Nov 2013040088.853.74$1,495
Oct 2013043397.423.78$1,636
Sep 20130514104.113.72$1,911
Aug 20130567104.253.52$1,997
Jul 20130701102.523.72$2,606
Jun 2013064494.403.93$2,533
May 2013057394.834.15$2,377
Apr 2013031193.964.28$1,332
Mar 2013045193.623.91$1,765
Feb 2013032391.233.42$1,105
Jan 2013035191.603.42$1,200
Dec 2012060786.773.42$2,076
Nov 2012065886.953.62$2,385
Oct 2012061689.383.40$2,094
Sep 2012260394.672.92$1,949
Aug 2012286992.662.91$2,713
Jul 2012271485.133.02$2,327
Jun 2012032279.822.52$811
May 2012033491.612.49$831
Apr 20120347101.652.00$693
Mar 20120386105.052.22$858
Feb 20120269101.102.57$691
Jan 2012024198.092.73$659
Dec 2011122396.873.24$819
Nov 2011129895.723.31$1,082
Oct 2011023584.983.65$857
Sep 2011027183.623.99$1,080
Aug 2011031483.404.15$1,303
Jul 2011030894.144.52$1,391
Jun 2011028992.904.64$1,341
May 2011028098.134.40$1,233
Apr 20110194105.964.33$841
Mar 2011043696.364.06$1,769
Feb 2011047585.644.18$1,985
Jan 2011081086.504.59$3,717
Dec 2010070385.734.35$3,056
Nov 2010056780.843.80$2,152
Oct 2010073378.103.51$2,572
Sep 2010062672.633.98$2,491
Aug 2010051073.684.42$2,254
Jul 2010045372.554.74$2,146
Jun 2010049170.364.91$2,411
May 2010055671.124.24$2,355
Apr 2010056481.694.12$2,325
Mar 2010056578.394.39$2,480
Feb 2010049273.585.44$2,678
Jan 2010066274.365.96$3,948
Dec 2009042871.445.48$2,347
Nov 2009057374.593.75$2,150
Oct 2009046872.544.11$1,924
Sep 2009045965.543.06$1,407
Aug 2009045567.423.22$1,464
Jul 2009044161.133.46$1,528
Jun 2009044566.163.90$1,733
May 2009039754.743.93$1,559
Apr 2009143246.773.59$1,597
Mar 2009250742.144.06$2,142
Feb 2009044232.814.63$2,048
Jan 2009055735.865.37$2,992
Dec 2008053637.105.98$3,204
Nov 2008048355.496.86$3,314
Oct 2008045175.246.92$3,122
Sep 20080454101.767.88$3,576
Aug 20080535114.228.48$4,538
Jul 20080495131.0811.39$5,638
Jun 20080494131.3313.03$6,438
May 20080500123.1711.57$5,787
Apr 20080478110.3110.45$4,997
Mar 20081516101.909.66$5,089
Feb 2008340892.538.77$3,856
Jan 2008249490.388.21$4,234
Dec 2007154688.337.30$4,075
Nov 2007149891.677.29$3,723
Oct 2007151782.856.92$3,662
Sep 2007149175.846.24$3,142
Aug 2007154469.066.39$3,544
Jul 2007257170.906.39$3,789
Jun 2007056362.007.55$4,250
May 2007256658.747.85$4,558
Apr 2007757059.617.81$4,866
Mar 2007563456.927.30$4,914
Feb 2007561055.108.22$5,287
Jan 2007462450.306.73$4,399
Dec 2006357056.656.92$4,113
Nov 2006350654.207.62$4,017
Oct 2006456454.906.01$3,611
Sep 2006462660.085.04$3,394
Aug 2006246668.717.34$3,558
Jul 2006146569.376.34$3,019
Jun 2006349966.286.38$3,384
May 2006456066.016.42$3,862
Apr 2006253864.397.36$4,089
Mar 2006351956.707.08$3,846
Feb 2006332957.597.75$2,723
Jan 2006855660.598.93$5,452
Dec 2005958154.9413.42$8,289
Nov 2005960854.6910.59$6,930
Oct 2005863858.3413.80$9,268
Sep 2005962961.4512.08$8,151
Aug 2005962361.519.80$6,657
Jul 2005760255.697.84$5,112
Jun 2005758952.337.38$4,714
May 20051459345.226.65$4,577
Apr 20051258249.207.36$4,874
Mar 20051357750.377.15$4,783
Feb 2005954745.226.31$3,860
Jan 20051260943.166.32$4,368
Dec 20041059739.866.75$4,429
Nov 20041566545.286.33$4,889
Oct 20041563249.706.52$4,863
Sep 20041462743.245.28$3,918
Aug 20041063442.375.55$3,943
Jul 2004658338.286.08$3,777
Jun 2004657636.106.43$3,922
May 2004758837.486.49$4,081
Apr 2004658334.475.86$3,622
Mar 2004761334.365.53$3,631
Feb 2004864832.455.51$3,830
Jan 2004870132.036.30$4,672
Dec 2003973930.266.30$4,929
Nov 2003973128.804.60$3,618
Oct 2003978028.174.76$3,966
Sep 2003975226.314.75$3,808

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.

May 2026 — as filed, then multipliedworked
Condensate             3 bbl  × $106.41 =       $319
Gas                1,358 Mcf  × $  3.05 =     $4,136

────────────────────────────────────────────────────
Month total                                   $4,455

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/198432 is the state's own key, not one this site invented.