STERLING "N" FEE

Operated by BURK ROYALTY CO., LTD. (P-5 108799) 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 203738District 08Field 20097700CondensateGasSaveExport
Value, all time
$1.0 M
Mar 2004 – May 2026
Value, last 12 filed months
$99 k
at the published price for each month
Months reported
267
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
CondensateDisposition4,012 bbl$250,979
GasProduction171,483 Mcf$759,036
Total$1,010,015

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 31.7223, -101.2182. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.72228, -101.21823 · 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
8,110 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 8,110 ft.

Completions filed
Mar 2004
1 of 1 wells

1 well

42-4313186898,110 ftMar 2004

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 (267)

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

267 months

May 2026412,269106.413.05$11,274
Apr 2026422,92398.932.87$12,543
Mar 2026581,81389.753.15$10,915
Feb 2026451,83263.503.75$9,728
Jan 2026501,34959.138.00$13,746
Dec 2025321,63056.664.41$9,007
Nov 2025341,41758.593.93$7,556
Oct 2025201,16359.383.30$5,031
Sep 20251290362.743.08$3,531
Aug 2025161,28763.933.01$4,903
Jul 2025161,21966.743.32$5,109
Jun 2025241,28166.483.13$5,603
May 2025231,27260.553.23$5,504
Apr 2025161,02462.363.54$4,626
Mar 20253262467.704.27$4,830
Feb 20251948470.884.34$3,448
Jan 20252668074.324.28$4,842
Dec 20242548768.993.12$3,245
Nov 20241645869.052.20$2,112
Oct 20242878971.372.28$3,798
Sep 20242564169.612.36$3,256
Aug 20242366875.632.06$3,118
Jul 20242670279.932.15$3,585
Jun 20242562578.082.63$3,598
May 20243996878.812.20$5,202
Apr 20242346084.451.66$2,706
Mar 20244466780.301.55$4,564
Feb 20243069176.091.78$3,515
Jan 20243654873.023.30$4,436
Dec 20235782971.262.61$6,226
Nov 20234893477.892.81$6,361
Oct 2023994485.443.09$3,683
Sep 2023352589.042.74$1,703
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 20231119072.852.39$1,256
Feb 20232271475.112.47$3,413
Jan 20231497076.533.39$4,358
Dec 20221189076.415.73$5,939
Nov 20222467385.005.65$5,840
Oct 20223157687.185.86$6,080
Sep 20221674384.888.16$7,424
Aug 202231,26494.529.13$11,820
Jul 20225614101.587.54$5,139
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20211271969.865.35$4,686
Aug 20211289966.024.22$4,587
Jul 20211093670.783.98$4,435
Jun 20211884869.493.38$4,118
May 20212977563.483.02$4,180
Apr 20211418560.362.76$1,355
Mar 20212348061.302.72$2,714
Feb 2021242557.805.55$2,473
Jan 20211665550.412.81$2,647
Dec 20201161644.642.68$2,139
Nov 2020443938.772.71$1,343
Oct 2020254036.972.48$1,412
Sep 2020648837.091.99$1,194
Aug 20201159939.982.39$1,868
Jul 20201466338.371.83$1,747
Jun 20201676434.901.69$1,850
May 20201775816.921.81$1,663
Apr 20201657914.751.80$1,281
Mar 2020847830.341.86$1,130
Feb 2020327449.881.98$692
Jan 20202359057.252.09$2,553
Dec 20192061659.012.30$2,600
Nov 2019973255.302.75$2,511
Oct 2019080353.472.42$1,942
Sep 2019176155.052.66$2,077
Aug 20191369453.112.30$2,290
Jul 20193967456.272.46$3,853
Jun 20193260252.782.49$3,189
May 20192864158.482.74$3,394
Apr 20192960262.632.75$3,472
Mar 20195175556.803.06$5,209
Feb 20193664250.852.79$3,623
Jan 20191847046.033.23$2,346
Dec 20182157146.594.19$3,368
Nov 20183048752.934.24$3,651
Oct 20183056661.443.40$3,767
Sep 20184157059.543.11$4,213
Aug 20183459059.403.07$3,829
Jul 20181863265.142.93$3,025
Jun 2018868660.183.08$2,592
May 20181073165.382.90$2,774
Apr 2018973463.842.90$2,704
Mar 2018982361.222.79$2,845
Feb 20182076361.782.77$3,346
Jan 20182073062.874.01$4,184
Dec 20171876457.272.92$3,263
Nov 2017662055.423.12$2,266
Oct 2017870249.292.98$2,489
Sep 2017557747.523.09$2,019
Aug 20171663545.373.00$2,634
Jul 20172473943.873.09$3,334
Jun 20171878342.493.09$3,182
May 20171376945.373.26$3,099
Apr 20171377047.933.21$3,096
Mar 20171677546.772.98$3,061
Feb 20172559350.452.95$3,012
Jan 20172767949.413.42$3,655
Dec 20162272348.763.72$3,764
Nov 20162469442.492.64$2,855
Oct 20165593046.193.09$5,414
Sep 20162174941.553.10$3,195
Aug 2016181,53541.442.92$5,235
Jul 201691,55541.622.92$4,922
Jun 2016271,27145.352.69$4,638
May 2016361,40042.521.99$4,318
Apr 20161665836.561.99$1,895
Mar 20162159633.011.79$1,762
Feb 20161562826.472.06$1,693
Jan 201603627.352.36$85
Dec 2015650932.362.00$1,213
Nov 2015985338.792.17$2,198
Oct 2015191,32243.552.43$4,035
Sep 201553242.992.76$303
Aug 20152040.162.87$80
Jul 20150048.152.95$0
Jun 20152756356.152.88$3,139
May 20154070055.212.96$4,277
Apr 20154885949.822.71$4,716
Mar 20151792042.892.93$3,429
Feb 20151169244.662.98$2,551
Jan 20154957143.433.10$3,899
Dec 20142456854.693.59$3,352
Nov 20141776970.464.25$4,467
Oct 20142185678.303.90$4,984
Sep 2014544886.164.05$2,243
Aug 2014951689.394.04$2,887
Jul 20141060296.564.18$3,482
Jun 20144576198.164.74$8,022
May 20141365694.734.73$4,332
Apr 2014656095.944.81$3,269
Mar 2014357895.895.06$3,211
Feb 2014069797.406.19$4,316
Jan 2014069890.404.86$3,393
Dec 2013053091.824.35$2,308
Nov 2013038188.853.74$1,424
Oct 2013042797.423.78$1,614
Sep 20130371104.113.72$1,379
Aug 20130383104.253.52$1,349
Jul 20130387102.523.72$1,439
Jun 2013035994.403.93$1,412
May 2013446694.834.15$2,313
Apr 2013129393.964.28$1,349
Mar 2013039893.623.91$1,557
Feb 2013040591.233.42$1,385
Jan 2013046791.603.42$1,597
Dec 2012047286.773.42$1,614
Nov 2012145086.953.62$1,718
Oct 2012757489.383.40$2,577
Sep 20121958594.672.92$3,506
Aug 20121560992.662.91$3,161
Jul 2012955185.133.02$2,431
Jun 2012452279.822.52$1,634
May 2012357991.612.49$1,716
Apr 20127548101.652.00$1,806
Mar 201213522105.052.22$2,526
Feb 20122505101.102.57$1,500
Jan 2012548798.092.73$1,822
Dec 2011537296.873.24$1,690
Nov 2011346095.723.31$1,810
Oct 2011037784.983.65$1,376
Sep 2011040183.623.99$1,598
Aug 2011043983.404.15$1,822
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 201107498.134.40$326
Apr 20110214105.964.33$927
Mar 2011342996.364.06$2,030
Feb 2011872085.644.18$3,695
Jan 20111177486.504.59$4,503
Dec 2010054985.734.35$2,387
Nov 2010039380.843.80$1,492
Oct 2010135878.103.51$1,334
Sep 20101051972.633.98$2,792
Aug 20102859573.684.42$4,693
Jul 20102361772.554.74$4,591
Jun 2010442270.364.91$2,354
May 2010153371.124.24$2,328
Apr 20101964581.694.12$4,211
Mar 20102179478.394.39$5,131
Feb 20102032373.585.44$3,229
Jan 20102563274.365.96$5,628
Dec 2009855971.445.48$3,637
Nov 20091154174.593.75$2,850
Oct 2009852672.544.11$2,742
Sep 2009852865.543.06$2,143
Aug 2009755867.423.22$2,268
Jul 2009548661.133.46$1,989
Jun 2009943066.163.90$2,270
May 2009641554.743.93$1,958
Apr 2009851446.773.59$2,218
Mar 20091682942.144.06$4,039
Feb 20093564832.814.63$4,151
Jan 2009670935.865.37$4,023
Dec 2008046537.105.98$2,779
Nov 2008042055.496.86$2,881
Oct 2008046775.246.92$3,233
Sep 20080439101.767.88$3,458
Aug 20080423114.228.48$3,588
Jul 20080525131.0811.39$5,979
Jun 20080659131.3313.03$8,589
May 20080639123.1711.57$7,396
Apr 200813692110.3110.45$8,669
Mar 200818765101.909.66$9,227
Feb 20081165092.538.77$6,719
Jan 20081671890.388.21$7,338
Dec 20071869788.337.30$6,679
Nov 20071767491.677.29$6,473
Oct 20071167882.856.92$5,604
Sep 20071767275.846.24$5,485
Aug 20071775769.066.39$6,010
Jul 20072680170.906.39$6,960
Jun 20071569262.007.55$6,154
May 20072169858.747.85$6,710
Apr 20073664059.617.81$7,141
Mar 20071270256.927.30$5,809
Feb 2007173455.108.22$6,086
Jan 2007184850.306.73$5,755
Dec 2006381756.656.92$5,822
Nov 2006465854.207.62$5,229
Oct 2006270954.906.01$4,374
Sep 2006464060.085.04$3,464
Aug 20061066168.717.34$5,539
Jul 20061171069.376.34$5,266
Jun 20061570966.286.38$5,520
May 20061867066.016.42$5,493
Apr 20061968564.397.36$6,265
Mar 20061870356.707.08$6,000
Feb 20062364357.597.75$6,309
Jan 20062771060.598.93$7,979
Dec 20053271454.9413.42$11,337
Nov 20052672854.6910.59$9,130
Oct 20051570358.3413.80$10,574
Sep 20052768861.4512.08$9,970
Aug 20052665961.519.80$8,055
Jul 20052367455.697.84$6,567
Jun 20051865752.337.38$5,791
May 20051570545.226.65$5,367
Apr 20052178849.207.36$6,833
Mar 20052580850.377.15$7,040
Feb 20052175245.226.31$5,696
Jan 20051968343.166.32$5,138
Dec 20041270739.866.75$5,251
Nov 20042377345.286.33$5,935
Oct 20042280949.706.52$6,364
Sep 20042178343.245.28$5,045
Aug 20042077042.375.55$5,121
Jul 20042583738.286.08$6,049
Jun 20042582736.106.43$6,223
May 20043186337.486.49$6,767
Apr 20043089534.475.86$6,277
Mar 20040034.365.53$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.

May 2026 — as filed, then multipliedworked
Condensate            41 bbl  × $106.41 =     $4,363
Gas                2,269 Mcf  × $  3.05 =     $6,911

────────────────────────────────────────────────────
Month total                                  $11,274

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/203738 is the state's own key, not one this site invented.