STERLING "L" 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 256665District 08Field 200977002 tax incentive programmesCondensateGasSaveExport
Value, all time
$143 k
May 2010 – May 2026
Value, last 12 filed months
$8 k
at the published price for each month
Months reported
193
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

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
High Cost Gas112013-04-30207123
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
CondensateDisposition314 bbl$21,094
GasProduction35,543 Mcf$121,927
Total$143,021

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 31.7742, -101.1580. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.77416, -101.15798 · 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
8,030 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 8,030 ft.

Completions filed
Nov 1992
1 of 1 wells

1 well

42-4313250468,030 ftNov 1992

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 (193)

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

193 months

May 20260146106.413.05$445
Apr 2026014798.932.87$422
Mar 2026018789.753.15$589
Feb 2026011463.503.75$428
Jan 2026011959.138.00$952
Dec 2025117756.664.41$838
Nov 2025315658.593.93$788
Oct 2025315559.383.30$690
Sep 2025512462.743.08$695
Aug 2025413463.933.01$660
Jul 2025611566.743.32$782
Jun 202589566.483.13$829
May 202578660.553.23$702
Apr 202559362.363.54$641
Mar 2025410067.704.27$698
Feb 20251112170.884.34$1,305
Jan 20251712974.324.28$1,815
Dec 20241222968.993.12$1,543
Nov 202458369.052.20$528
Oct 2024912671.372.28$930
Sep 2024012569.612.36$296
Aug 2024114375.632.06$371
Jul 2024014879.932.15$318
Jun 2024016078.082.63$421
May 2024120978.812.20$538
Apr 202405584.451.66$91
Mar 2024413880.301.55$534
Feb 2024015776.091.78$280
Jan 2024415573.023.30$803
Dec 2023218671.262.61$628
Nov 2023516477.892.81$850
Oct 2023618785.443.09$1,090
Sep 2023221289.042.74$758
Aug 2023314380.522.67$624
Jul 20231014974.852.64$1,142
Jun 2023110168.962.26$297
May 2023211770.622.23$402
Apr 202306578.122.24$145
Mar 2023510772.852.39$620
Feb 2023716475.112.47$930
Jan 2023819176.533.39$1,259
Dec 2022720376.415.73$1,698
Nov 2022920085.005.65$1,894
Oct 2022824687.185.86$2,140
Sep 2022721284.888.16$2,325
Aug 2022626494.529.13$2,977
Jul 20226188101.587.54$2,027
Jun 2022399115.097.98$1,135
May 20227139109.378.43$1,938
Apr 20224152104.226.84$1,456
Mar 2022274108.885.08$593
Feb 202201991.054.86$92
Jan 202201981.844.54$86
Dec 202101071.323.90$39
Nov 202103577.435.24$183
Oct 202107079.795.71$400
Sep 202108669.865.35$460
Aug 2021011266.024.22$473
Jul 202107970.783.98$315
Jun 2021010769.493.38$362
May 2021010363.483.02$311
Apr 2021012460.362.76$342
Mar 2021013761.302.72$372
Feb 202106057.805.55$333
Jan 2021011750.412.81$329
Dec 2020011744.642.68$313
Nov 2020014338.772.71$387
Oct 202008136.972.48$201
Sep 202007537.091.99$149
Aug 202006339.982.39$150
Jul 2020016338.371.83$297
Jun 2020033934.901.69$573
May 20200016.921.81$0
Apr 202004714.751.80$85
Mar 2020017030.341.86$316
Feb 2020021849.881.98$432
Jan 2020024457.252.09$511
Dec 2019023459.012.30$539
Nov 2019025955.302.75$712
Oct 2019011653.472.42$281
Sep 2019012555.052.66$332
Aug 2019010453.112.30$240
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 201901462.632.75$39
Mar 201908956.803.06$273
Feb 201909950.852.79$276
Jan 2019013846.033.23$445
Dec 201809946.594.19$414
Nov 2018011652.934.24$492
Oct 2018015261.443.40$517
Sep 2018015359.543.11$476
Aug 2018012659.403.07$386
Jul 2018015865.142.93$463
Jun 2018010760.183.08$329
May 2018010365.382.90$299
Apr 2018020263.842.90$586
Mar 2018212561.222.79$471
Feb 201807361.782.77$202
Jan 2018011462.874.01$457
Dec 2017012357.272.92$359
Nov 2017221255.423.12$772
Oct 2017967249.292.98$2,449
Sep 2017013947.523.09$429
Aug 2017015245.373.00$457
Jul 2017014243.873.09$438
Jun 2017015342.493.09$472
May 2017014545.373.26$473
Apr 2017012747.933.21$408
Mar 2017114746.772.98$485
Feb 2017429450.452.95$1,070
Jan 2017147249.413.42$1,663
Dec 2016151548.763.72$1,966
Nov 2016041042.492.64$1,084
Oct 2016347546.193.09$1,606
Sep 20165018941.553.10$2,664
Aug 2016219241.442.92$1,139
Jul 201609041.622.92$263
Jun 201609145.352.69$244
May 2016010742.521.99$213
Apr 2016010436.561.99$207
Mar 2016014533.011.79$260
Feb 201605826.472.06$120
Jan 20160027.352.36$0
Dec 2015011232.362.00$224
Nov 2015012338.792.17$267
Oct 2015015843.552.43$383
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 201507056.152.88$202
May 2015012055.212.96$355
Apr 2015013949.822.71$376
Mar 2015014442.892.93$423
Feb 2015012244.662.98$363
Jan 2015011743.433.10$363
Dec 2014012254.693.59$438
Nov 2014010570.464.25$446
Oct 2014011178.303.90$433
Sep 2014010986.164.05$441
Aug 201409689.394.04$387
Jul 201407396.564.18$305
Jun 201409198.164.74$431
May 2014014694.734.73$690
Apr 2014014995.944.81$717
Mar 2014015795.895.06$794
Feb 2014015497.406.19$954
Jan 2014017990.404.86$870
Dec 2013014791.824.35$640
Nov 2013013988.853.74$520
Oct 2013015997.423.78$601
Sep 20130308104.113.72$1,145
Aug 20130333104.253.52$1,173
Jul 20130403102.523.72$1,498
Jun 2013035694.403.93$1,400
May 2013024894.834.15$1,029
Apr 2013018793.964.28$801
Mar 2013041393.623.91$1,616
Feb 2013033491.233.42$1,142
Jan 2013034391.603.42$1,173
Dec 2012045486.773.42$1,553
Nov 2012053986.953.62$1,954
Oct 2012061589.383.40$2,091
Sep 2012063694.672.92$1,856
Aug 2012049392.662.91$1,434
Jul 2012054585.133.02$1,646
Jun 2012052079.822.52$1,310
May 2012040791.612.49$1,013
Apr 20120552101.652.00$1,102
Mar 20120742105.052.22$1,649
Feb 20120724101.102.57$1,861
Jan 2012039398.092.73$1,074
Dec 2011039496.873.24$1,276
Nov 2011044495.723.31$1,470
Oct 2011048384.983.65$1,762
Sep 2011053683.623.99$2,136
Aug 2011052883.404.15$2,191
Jul 2011021594.144.52$971
Jun 2011022092.904.64$1,021
May 2011020898.134.40$916
Apr 20110129105.964.33$559
Mar 2011017396.364.06$702
Feb 2011013485.644.18$560
Jan 2011017186.504.59$785
Dec 2010012085.734.35$522
Nov 2010015380.843.80$581
Oct 2010016478.103.51$575
Sep 2010015572.633.98$617
Aug 2010017273.684.42$760
Jul 2010018672.554.74$881
Jun 2010018470.364.91$904
May 2010020071.124.24$847

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             0 bbl  × $106.41 =         $0
Gas                  146 Mcf  × $  3.05 =       $445

────────────────────────────────────────────────────
Month total                                     $445

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/256665 is the state's own key, not one this site invented.