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 279306District 08Field 20097700CondensateGasSaveExport
Value, all time
$616 k
Apr 2015 – May 2026
Value, last 12 filed months
$52 k
at the published price for each month
Months reported
134
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
CondensateDisposition3,868 bbl$260,448
GasProduction103,251 Mcf$355,845
Total$616,293

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 31.7191, -101.2193. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.71913, -101.21934 · 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
8,400 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 8,400 ft.

Completions filed
Mar 1982
1 of 1 wells

1 well

42-4313111348,400 ftMar 1982

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 (134)

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

134 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 2026361,04259.138.00$10,463
Dec 2025251,82356.664.41$9,462
Nov 2025211,70058.593.93$7,905
Oct 2025121,25159.383.30$4,847
Sep 202581,16762.743.08$4,093
Aug 2025101,38563.933.01$4,815
Jul 2025111,39066.743.32$5,342
Jun 2025141,41466.483.13$5,355
May 2025141,36960.553.23$5,273
Apr 2025261,10462.363.54$5,533
Mar 20255362667.704.27$6,260
Feb 20253463970.884.34$5,184
Jan 20253557374.324.28$5,053
Dec 20244153568.993.12$4,499
Nov 20243260669.052.20$3,542
Oct 20243672471.372.28$4,221
Sep 20243776269.612.36$4,377
Aug 20243078475.632.06$3,887
Jul 20243480179.932.15$4,437
Jun 20243683978.082.63$5,021
May 20244290178.812.20$5,291
Apr 20243049384.451.66$3,351
Mar 20247063680.301.55$6,604
Feb 20245762276.091.78$5,447
Jan 20245866773.023.30$6,435
Dec 20236169271.262.61$6,153
Nov 20233692077.892.81$5,387
Oct 20233884585.443.09$5,855
Sep 20231373189.042.74$3,157
Aug 20231593480.522.67$3,704
Jul 20233996774.852.64$5,474
Jun 20232474068.962.26$3,326
May 20233879770.622.23$4,459
Apr 20233967278.122.24$4,550
Mar 20234461872.852.39$4,684
Feb 20233153675.112.47$3,650
Jan 20231972776.533.39$3,917
Dec 20221566776.415.73$4,967
Nov 20221559385.005.65$4,623
Oct 20221769187.185.86$5,534
Sep 20222462784.888.16$7,156
Aug 20224072494.529.13$10,389
Jul 202236852101.587.54$10,083
Jun 202232861115.097.98$10,551
May 2022431,276109.378.43$15,463
Apr 2022381,316104.226.84$12,959
Mar 2022431,428108.885.08$11,931
Feb 20224394191.054.86$8,487
Jan 20226797381.844.54$9,898
Dec 20217096771.323.90$8,763
Nov 20216393577.435.24$9,775
Oct 20216496379.795.71$10,609
Sep 20215685969.865.35$8,509
Aug 2021541,01066.024.22$7,828
Jul 20214792570.783.98$7,010
Jun 20215585969.493.38$6,726
May 2021241963.483.02$1,391
Apr 20211857760.362.76$2,678
Mar 20213294561.302.72$4,529
Feb 2021320857.805.55$1,327
Jan 2021434650.412.81$1,174
Dec 202001,04944.642.68$2,807
Nov 2020090438.772.71$2,447
Oct 202051,02236.972.48$2,718
Sep 20202393137.091.99$2,707
Aug 20201992839.982.39$2,973
Jul 20201761438.371.83$1,773
Jun 20201848534.901.69$1,448
May 20203016.921.81$51
Apr 20202338914.751.80$1,041
Mar 2020561,08730.341.86$3,717
Feb 2020311,06149.881.98$3,648
Jan 20202594557.252.09$3,411
Dec 20192499859.012.30$3,716
Nov 2019261,06355.302.75$4,362
Oct 2019211,12753.472.42$3,849
Sep 2019141,06655.052.66$3,603
Aug 2019191,11653.112.30$3,581
Jul 2019391,21356.272.46$5,179
Jun 2019321,08252.782.49$4,384
May 2019381,17658.482.74$5,445
Apr 2019491,08062.632.75$6,040
Mar 20193258056.803.06$3,594
Feb 20192961350.852.79$3,186
Jan 2019401,20146.033.23$5,718
Dec 2018421,17446.594.19$6,870
Nov 2018571,03852.934.24$7,415
Oct 2018551,29261.443.40$7,770
Sep 2018681,33459.543.11$8,195
Aug 2018641,41559.403.07$8,141
Jul 2018601,44665.142.93$8,148
Jun 2018531,33860.183.08$7,306
May 2018651,45565.382.90$8,470
Apr 2018871,35963.842.90$9,496
Mar 2018921,43161.222.79$9,620
Feb 20181031,36261.782.77$10,131
Jan 20181361,50562.874.01$14,584
Dec 20171771,59157.272.92$14,785
Nov 201714374655.423.12$10,251
Oct 2017048749.292.98$1,453
Sep 2017040647.523.09$1,253
Aug 2017048945.373.00$1,469
Jul 2017059543.873.09$1,837
Jun 2017050642.493.09$1,562
May 2017050045.373.26$1,632
Apr 2017050147.933.21$1,609
Mar 2017057546.772.98$1,716
Feb 2017056450.452.95$1,665
Jan 2017059849.413.42$2,044
Dec 2016157848.763.72$2,201
Nov 2016247542.492.64$1,341
Oct 2016076846.193.09$2,373
Sep 2016065341.553.10$2,025
Aug 2016051141.442.92$1,494
Jul 201608641.622.92$251
Jun 201606545.352.69$175
May 201606842.521.99$135
Apr 2016013036.561.99$259
Mar 2016021133.011.79$379
Feb 2016019126.472.06$394
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 2015028856.152.88$830
May 2015035955.212.96$1,061
Apr 2015043749.822.71$1,183

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.

Jan 2026 — as filed, then multipliedworked
Condensate            36 bbl  × $ 59.13 =     $2,129
Gas                1,042 Mcf  × $  8.00 =     $8,334

────────────────────────────────────────────────────
Month total                                  $10,463

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/279306 is the state's own key, not one this site invented.