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 281318District 08Field 20097700CondensateGasSaveExport
Value, all time
$271 k
Aug 2016 – May 2026
Value, last 12 filed months
$91 k
at the published price for each month
Months reported
118
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
CondensateDisposition1,672 bbl$122,162
GasProduction40,193 Mcf$149,313
Total$271,474

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 31.7240, -101.2221. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.72404, -101.22208 · 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
8,230 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 8,230 ft.

Completions filed
Aug 2016
1 of 1 wells

1 well

42-4313137188,230 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 2026711,208106.413.05$11,234
Apr 2026731,55698.932.87$11,687
Mar 202610296689.753.15$12,197
Feb 20266288163.503.75$7,241
Jan 202611182259.138.00$13,138
Dec 20257390256.664.41$8,117
Nov 20256084258.593.93$6,821
Oct 20253661959.383.30$4,183
Sep 20252357762.743.08$3,218
Aug 20252968563.933.01$3,919
Jul 20253268866.743.32$4,417
Jun 20254269966.483.13$4,979
May 20253967760.553.23$4,550
Apr 20253057362.363.54$3,901
Mar 20255934567.704.27$5,467
Feb 20253636970.884.34$4,153
Jan 20253735174.324.28$4,252
Dec 20244432568.993.12$4,050
Nov 20243334969.052.20$3,046
Oct 20243538971.372.28$3,385
Sep 20243426369.612.36$2,989
Aug 20242731975.632.06$2,700
Jul 20243837479.932.15$3,840
Jun 20244039978.082.63$4,174
May 20244843778.812.20$4,744
Apr 20243324184.451.66$3,187
Mar 20247540580.301.55$6,648
Feb 20246039376.091.78$5,266
Jan 20246145373.023.30$5,948
Dec 20237941171.262.61$6,703
Nov 20235943577.892.81$5,817
Oct 20231318085.443.09$1,666
Sep 2023411089.042.74$657
Aug 2023313980.522.67$613
Jul 2023614474.852.64$830
Jun 2023311168.962.26$458
May 2023111570.622.23$327
Apr 2023010378.122.24$230
Mar 2023510272.852.39$608
Feb 202367875.112.47$643
Jan 2023621076.533.39$1,171
Dec 2022014676.415.73$836
Nov 202225885.005.65$497
Oct 2022225887.185.86$1,687
Sep 2022038784.888.16$3,159
Aug 2022042094.529.13$3,833
Jul 20220484101.587.54$3,650
Jun 20220490115.097.98$3,909
May 20220724109.378.43$6,106
Apr 20220747104.226.84$5,108
Mar 20220773108.885.08$3,924
Feb 2022047591.054.86$2,308
Jan 2022049081.844.54$2,223
Dec 2021048971.323.90$1,907
Nov 2021047277.435.24$2,472
Oct 2021048679.795.71$2,777
Sep 2021043469.865.35$2,322
Aug 2021051066.024.22$2,153
Jul 2021043270.783.98$1,720
Jun 2021039369.493.38$1,329
May 2021023163.483.02$697
Apr 202109160.362.76$251
Mar 202107761.302.72$209
Feb 2021018557.805.55$1,026
Jan 2021119950.412.81$610
Dec 2020517744.642.68$697
Nov 2020713538.772.71$637
Oct 2020012236.972.48$302
Sep 2020111237.091.99$260
Aug 2020613539.982.39$562
Jul 2020117238.371.83$352
Jun 2020019134.901.69$323
May 20200016.921.81$0
Apr 202003914.751.80$70
Mar 2020017230.341.86$319
Feb 2020016549.881.98$327
Jan 2020343857.252.09$1,089
Dec 2019360359.012.30$1,567
Nov 2019462855.302.75$1,949
Oct 2019463653.472.42$1,752
Sep 2019360155.052.66$1,762
Aug 2019255153.112.30$1,376
Jul 2019031456.272.46$772
Jun 2019028052.782.49$698
May 2019021858.482.74$597
Apr 201902362.632.75$63
Mar 2019018256.803.06$557
Feb 2019016550.852.79$461
Jan 2019013046.033.23$420
Dec 2018013746.594.19$573
Nov 2018012252.934.24$517
Oct 2018014561.443.40$493
Sep 2018014559.543.11$451
Aug 2018014859.403.07$454
Jul 2018014865.142.93$434
Jun 2018014960.183.08$458
May 2018015565.382.90$450
Apr 2018015263.842.90$441
Mar 2018016361.222.79$454
Feb 2018011761.782.77$324
Jan 201809362.874.01$373
Dec 2017014757.272.92$429
Nov 2017013755.423.12$427
Oct 2017016649.292.98$495
Sep 2017018747.523.09$577
Aug 2017016945.373.00$508
Jul 2017016743.873.09$516
Jun 2017018242.493.09$562
May 2017028645.373.26$933
Apr 2017029547.933.21$947
Mar 2017030046.772.98$895
Feb 2017019350.452.95$570
Jan 2017018149.413.42$619
Dec 2016019248.763.72$715
Nov 2016018842.492.64$497
Oct 2016041046.193.09$1,267
Sep 2016014041.553.10$434
Aug 2016029441.442.92$860

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            71 bbl  × $106.41 =     $7,555
Gas                1,208 Mcf  × $  3.05 =     $3,679

────────────────────────────────────────────────────
Month total                                  $11,234

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/281318 is the state's own key, not one this site invented.