MineralRecord
Log inSign up

STERLING "I" 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 281248District 08Field 20097700CondensateGasSaveExport
Value, all time
$57 k
Aug 2016 – May 2026
Value, last 12 filed months
$7 k
at the published price for each month
Months reported
118
no gaps in the span
Streams
2
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.

StreamBasisVolumeValue
CondensateDisposition32 bbl$910
GasProduction17,263 Mcf$55,789
Total$56,699

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 31.7354, -101.1999. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.73535, -101.19993 · 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
8,100 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 8,100 ft.

Completions filed
Aug 2016
1 of 1 wells

1 well

42-43131664148,100 ftAug 2016——

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 (118)

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

118 months

May 20260115106.413.05$350
Apr 2026014398.932.87$410
Mar 2026012289.753.15$384
Feb 2026015263.503.75$570
Jan 2026019459.138.00$1,552
Dec 2025019556.664.41$861
Nov 2025015658.593.93$613
Oct 2025011759.383.30$387
Sep 202509262.743.08$283
Aug 202509563.933.01$286
Jul 2025022966.743.32$759
Jun 2025010266.483.13$319
May 2025010760.553.23$346
Apr 2025012562.363.54$443
Mar 202508267.704.27$350
Feb 202506970.884.34$300
Jan 202507674.324.28$325
Dec 202406568.993.12$203
Nov 202407069.052.20$154
Oct 202406271.372.28$141
Sep 2024010669.612.36$251
Aug 2024017475.632.06$359
Jul 2024013579.932.15$290
Jun 2024010978.082.63$287
May 2024014478.812.20$317
Apr 202408684.451.66$143
Mar 2024011680.301.55$179
Feb 2024010676.091.78$189
Jan 2024012673.023.30$416
Dec 2023014371.262.61$373
Nov 2023015377.892.81$430
Oct 2023011885.443.09$364
Sep 2023013789.042.74$375
Aug 2023018580.522.67$494
Jul 2023016274.852.64$428
Jun 2023012068.962.26$271
May 2023012470.622.23$276
Apr 2023010878.122.24$242
Mar 2023011572.852.39$275
Feb 2023011075.112.47$271
Jan 2023010876.533.39$366
Dec 2022010076.415.73$573
Nov 202209485.005.65$531
Oct 2022010387.185.86$604
Sep 2022010184.888.16$825
Aug 2022010494.529.13$949
Jul 2022099101.587.54$747
Jun 2022090115.097.98$718
May 20220105109.378.43$885
Apr 20220105104.226.84$718
Mar 20220115108.885.08$584
Feb 202209691.054.86$466
Jan 2022010981.844.54$495
Dec 2021010871.323.90$421
Nov 2021010077.435.24$524
Oct 2021010879.795.71$617
Sep 2021011869.865.35$631
Aug 2021015366.024.22$646
Jul 2021016170.783.98$641
Jun 2021014869.493.38$500
May 2021014463.483.02$435
Apr 2021014560.362.76$400
Mar 2021017261.302.72$467
Feb 2021011357.805.55$627
Jan 2021017750.412.81$497
Dec 2020019244.642.68$514
Nov 2020016138.772.71$436
Oct 2020017236.972.48$426
Sep 2020019537.091.99$388
Aug 2020022139.982.39$527
Jul 2020226338.371.83$557
Jun 20201022234.901.69$724
May 20201016.921.81$17
Apr 2020710314.751.80$289
Mar 20201232830.341.86$973
Feb 2020030749.881.98$608
Jan 2020031757.252.09$664
Dec 2019035259.012.30$811
Nov 2019034555.302.75$949
Oct 2019020153.472.42$486
Sep 2019018855.052.66$500
Aug 2019019953.112.30$459
Jul 2019020856.272.46$512
Jun 2019020552.782.49$511
May 2019014058.482.74$384
Apr 20190662.632.75$17
Mar 2019021056.803.06$643
Feb 2019016050.852.79$447
Jan 2019017046.033.23$549
Dec 2018015846.594.19$661
Nov 2018012452.934.24$525
Oct 2018012461.443.40$421
Sep 2018010959.543.11$339
Aug 2018011159.403.07$340
Jul 2018013565.142.93$396
Jun 2018013660.183.08$418
May 2018011765.382.90$339
Apr 2018011263.842.90$325
Mar 2018012361.222.79$343
Feb 201808961.782.77$246
Jan 2018011462.874.01$457
Dec 2017011557.272.92$336
Nov 2017012855.423.12$399
Oct 2017012749.292.98$379
Sep 201707747.523.09$238
Aug 2017010645.373.00$318
Jul 2017012743.873.09$392
Jun 2017012642.493.09$389
May 2017015145.373.26$493
Apr 2017023947.933.21$768
Mar 2017020846.772.98$621
Feb 2017018350.452.95$540
Jan 2017021649.413.42$738
Dec 2016018848.763.72$700
Nov 2016024242.492.64$640
Oct 2016033046.193.09$1,020
Sep 2016025441.553.10$788
Aug 2016020841.442.92$608

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                  115 Mcf  × $  3.05 =       $350

────────────────────────────────────────────────────
Month total                                     $350

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/281248 is the state's own key, not one this site invented.