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.

Oil lease lease 24809District 08Field 20097700NGPA filingOilCasinghead gasSaveExport
Value, all time
$4.0 M
Jan 1993 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
401
no gaps in the span
Streams
2
oil, casinghead 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
NGPA19none

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
OilDisposition35,923 bbl$867,244
Casinghead gasProduction1,950,423 Mcf$3,168,724
Total$4,035,968

1,202,821 Mcf of this lease's gas, across 48 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

Wells on this lease (16)

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 31.7418, -101.1955. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.9 miles.

31.74158, -101.19538 · 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
87.5%
14 of 16 wells
With a plug date
12.5%
2 of 16 wells
Median depth
8,100 ft
16 wells filed one
Completion to plug
38.3 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
1487.5%
A plug date is filed
212.5%
BothOn the schedule and plugged. Neither fact cancels the other.
212.5%
NeitherNo plug date, and not on the schedule.
212.5%

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

Total depth in feet, 16 of 16 wells. Median 8,100 ft, with the middle half between 8,050 and 8,111 ft; the shallowest is 8,020 ft and the deepest 8,160 ft. The median is published rather than the mean, because a single mis-keyed depth moves a mean and cannot move a median.

When they were last completed

Last completion by decade, 16 of 16 wells, Jan 1978 – Aug 2016. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Jan 1978 – Aug 2016
16 of 16 wells
Plug dates filed
Feb 1985 – May 2016
2 of 16 wells; 14 filed none

Last completion to plug: a median of 38.3 years across the 1 well that filed both dates, with the middle half between 38.3 years and 38.3 years. A further 1 well is excluded, because the last completion the Commission holds for it is dated after the plug date. Both dates are the latest of their kind on the wellbore record and they are filed separately, so the two need not run in order. The gap is the distance between two filed dates — it is not a statement of how long the well produced.

16 wells

42-4313117558,105 ftAug 2016Yes
42-43131664148,100 ftAug 2016Yes
42-4313027528,140 ftJan 2014
42-4313117378,065 ftJun 2012Yes
42-43131661158,050 ftJan 2010
42-4313117468,020 ftFeb 2004Yes
42-43131682168,130 ftAug 1985Yes
42-43131647128,160 ftJul 1985Yes
42-43131620138,076 ftJun 1985Feb 1985Yes
42-43131591118,102 ftMay 1985Yes
42-43131596108,050 ftApr 1985Yes
42-4313159098,107 ftMar 1985Yes
42-4313139788,030 ftNov 1983Yes
42-4313062048,050 ftFeb 1978Yes
42-4313027618,100 ftJan 1978May 2016Yes
42-4313057938,121 ftJan 1978Yes

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 (401)

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

401 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
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 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
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 202208081.844.54$363
Dec 202107971.323.90$308
Nov 202107277.435.24$377
Oct 202107879.795.71$446
Sep 202108669.865.35$460
Aug 2021011166.024.22$468
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 2016053941.622.92$1,576
Jun 2016050045.352.69$1,343
May 2016048742.521.99$970
Apr 2016054036.561.99$1,075
Mar 2016053633.011.79$962
Feb 201608526.472.06$175
Jan 20160227.352.36$5
Dec 2015048032.362.00$961
Nov 2015062938.792.17$1,363
Oct 2015056943.552.43$1,381
Sep 2015056542.992.76$1,559
Aug 2015069040.162.87$1,982
Jul 20150048.152.95$0
Jun 2015032056.152.88$923
May 2015021955.212.96$647
Apr 2015048649.822.71$1,315
Mar 2015054542.892.93$1,599
Feb 2015046444.662.98$1,381
Jan 2015048143.433.10$1,491
Dec 2014051254.693.59$1,839
Nov 2014064170.464.25$2,725
Oct 2014061578.303.90$2,399
Sep 2014061286.164.05$2,476
Aug 2014064989.394.04$2,619
Jul 2014056396.564.18$2,353
Jun 2014047798.164.74$2,259
May 2014048494.734.73$2,288
Apr 2014049995.944.81$2,400
Mar 2014070195.895.06$3,545
Feb 2014063797.406.19$3,944
Jan 2014054690.404.86$2,654
Dec 2013055991.824.35$2,434
Nov 2013056688.853.74$2,116
Oct 2013065797.423.78$2,483
Sep 20130578104.113.72$2,149
Aug 20130537104.253.52$1,892
Jul 20130407102.523.72$1,513
Jun 2013031894.403.93$1,251
May 2013047194.834.15$1,954
Apr 2013026593.964.28$1,135
Mar 2013038293.623.91$1,495
Feb 2013042891.233.42$1,464
Jan 2013029691.603.42$1,012
Dec 2012040286.773.42$1,375
Nov 2012043286.953.62$1,566
Oct 2012042089.383.40$1,428
Sep 2012143594.672.92$1,364
Aug 20122150992.662.91$3,426
Jul 2012646885.133.02$1,925
Jun 2012547579.822.52$1,596
May 20122045091.612.49$2,952
Apr 201245488101.652.00$5,549
Mar 201255687105.052.22$7,304
Feb 201210540101.102.57$2,399
Jan 2012643798.092.73$1,783
Dec 2011369796.873.24$2,549
Nov 2011178195.723.31$2,682
Oct 20111371784.983.65$3,721
Sep 20114268583.623.99$6,242
Aug 20114575183.404.15$6,869
Jul 201121,02794.144.52$4,827
Jun 2011071792.904.64$3,327
May 2011085298.134.40$3,753
Apr 20110760105.964.33$3,293
Mar 2011079496.364.06$3,222
Feb 201111,05785.644.18$4,504
Jan 201151,26186.504.59$6,219
Dec 201011,11885.734.35$4,947
Nov 20101577780.843.80$4,162
Oct 2010261,12278.103.51$5,968
Sep 2010893972.633.98$4,318
Aug 2010121,08673.684.42$5,684
Jul 2010181,16172.554.74$6,805
Jun 2010860270.364.91$3,519
May 201001,06371.124.24$4,502
Apr 2010101,23181.694.12$5,892
Mar 2010151,31378.394.39$6,938
Feb 201051,26573.585.44$7,252
Jan 201041,42374.365.96$8,784
Dec 2009111,03271.445.48$6,445
Nov 2009281,66674.593.75$8,339
Oct 200981,46372.544.11$6,594
Sep 200991,40265.543.06$4,887
Aug 200981,41167.423.22$5,081
Jul 200921,92161.133.46$6,778
Jun 200942,09366.163.90$8,417
May 200951,68754.743.93$6,896
Apr 200931,52246.773.59$5,600
Mar 200901,46542.144.06$5,946
Feb 200901,02832.814.63$4,763
Jan 200901,46035.865.37$7,842
Dec 2008141,59037.105.98$10,023
Nov 200841,69455.496.86$11,843
Oct 200801,65175.246.92$11,428
Sep 200871,275101.767.88$10,756
Aug 200801,503114.228.48$12,750
Jul 200831,610131.0811.39$18,730
Jun 2008331,680131.3313.03$26,229
May 2008111,417123.1711.57$17,756
Apr 2008251,253110.3110.45$15,858
Mar 2008651,393101.909.66$20,086
Feb 2008211,24892.538.77$12,889
Jan 2008181,48790.388.21$13,829
Dec 2007151,77888.337.30$14,308
Nov 2007311,57091.677.29$14,290
Oct 2007181,62982.856.92$12,767
Sep 2007291,49775.846.24$11,547
Aug 2007401,63469.066.39$13,200
Jul 2007601,78070.906.39$15,625
Jun 2007501,73462.007.55$16,189
May 2007571,97858.747.85$18,868
Apr 20071411,75959.617.81$22,134
Mar 2007861,81256.927.30$18,126
Feb 2007791,84555.108.22$19,511
Jan 2007681,84950.306.73$15,858
Dec 2006891,99956.656.92$18,872
Nov 2006642,05354.207.62$19,107
Oct 2006542,10654.906.01$15,630
Sep 2006471,81960.085.04$11,986
Aug 2006711,81668.717.34$18,208
Jul 2006421,72869.376.34$13,874
Jun 2006871,65566.286.38$16,332
May 2006852,02966.016.42$18,647
Apr 2006831,96764.397.36$19,822
Mar 2006681,97356.707.08$17,830
Feb 2006841,74657.597.75$18,371
Jan 2006762,45860.598.93$26,563
Dec 20051363,30254.9413.42$51,769
Nov 20051173,06354.6910.59$38,831
Oct 20052603,07158.3413.80$57,535
Sep 2005443,07161.4512.08$39,798
Aug 20051503,08361.519.80$39,430
Jul 2005753,02755.697.84$27,919
Jun 2005693,02352.337.38$25,924
May 20051523,18845.226.65$28,077
Apr 20051603,12249.207.36$30,851
Mar 20051636,59250.377.15$55,375
Feb 2005873,06845.226.31$23,299
Jan 20051383,43843.166.32$27,692
Dec 2004933,43939.866.75$26,924
Nov 20041273,34945.286.33$26,951
Oct 20041853,40049.706.52$31,346
Sep 20041493,26443.245.28$23,689
Aug 20041293,39142.375.55$24,288
Jul 20041363,54338.286.08$26,762
Jun 20041243,23536.106.43$25,287
May 20041533,56837.486.49$28,907
Apr 2004893,47534.475.86$23,426
Mar 2004803,62434.365.53$22,790
Feb 2004894,04632.455.51$25,180
Jan 2004944,03232.036.30$28,411
Dec 2003774,31230.266.30$29,503
Nov 20031044,46028.804.60$23,490
Oct 2003814,90328.174.76$25,618
Sep 2003904,83126.314.75$25,312
Aug 2003765,03029.765.13$28,064
Jul 2003825,20629.415.17$29,331
Jun 2003615,08328.565.98$32,154
May 2003664,95926.595.97$31,373
Apr 2003704,68226.675.41$27,184
Mar 20031014,99831.146.10$33,613
Feb 2003984,57233.487.93$39,518
Jan 20031324,75430.315.58$30,538
Dec 20022174,87126.914.85$29,482
Nov 20021415,20524.664.14$25,010
Oct 20021394,88526.464.23$24,337
Sep 20021194,96527.443.64$21,314
Aug 2002855,27225.963.16$18,888
Jul 2002825,19624.583.06$17,924
Jun 2002914,84923.733.34$18,347
May 2002965,13924.663.58$20,786
Apr 20021585,39023.653.51$22,668
Mar 20021505,86322.003.10$21,491
Feb 20021445,38718.222.38$15,421
Jan 20022006,04617.172.38$17,797
Dec 20012056,08716.932.36$17,863
Nov 20012075,84818.072.41$17,808
Oct 20012636,10019.782.53$20,628
Sep 20012395,95624.262.25$19,207
Aug 20011696,09524.873.05$22,812
Jul 20011656,15223.933.20$23,617
Jun 20011225,92024.563.82$25,635
May 20011436,35625.524.31$31,027
Apr 20011515,98824.685.34$35,675
Mar 20011006,38524.545.38$36,783
Feb 20011506,06627.755.77$39,146
Jan 20011776,91727.478.40$62,956
Dec 20001896,87026.889.12$67,752
Nov 20001956,35132.215.66$42,215
Oct 20001586,60531.235.15$38,920
Sep 20001436,69131.875.19$39,260
Aug 20002166,43929.644.54$35,640
Jul 20002136,40328.534.09$32,264
Jun 20002196,30229.304.40$34,128
May 20002306,81627.263.68$31,351
Apr 20002296,49524.513.12$25,851
Mar 20002276,88628.422.86$26,144
Feb 20002846,95127.622.73$26,796
Jan 20002597,44425.272.48$25,010
Dec 19992677,33624.282.42$24,263
Nov 19993246,94323.192.43$24,413
Oct 19993107,05420.982.80$26,281
Sep 19992836,86521.752.62$24,134
Aug 19993167,16219.262.88$26,681
Jul 19992777,10017.892.37$21,799
Jun 19992116,58615.942.36$18,920
May 19992387,20515.792.32$20,481
Apr 19992216,87915.102.21$18,526
Mar 19991997,03212.471.84$15,409
Feb 19991316,1569.981.82$12,498
Jan 19991407,03610.381.90$14,821
Dec 19981646,9239.201.77$13,785
Nov 19981806,46810.892.19$16,097
Oct 19981866,36612.421.97$14,846
Sep 19981876,43612.592.08$15,758
Aug 19982367,47211.301.91$16,919
Jul 19981637,09911.742.24$17,796
Jun 19982066,97311.242.24$17,916
May 19982017,38512.622.21$18,830
Apr 19981896,98413.042.51$19,962
Mar 19981737,59512.802.31$19,755
Feb 19981736,72213.952.30$17,868
Jan 19982138,14114.702.15$20,673
Dec 19971936,97716.322.41$19,972
Nov 19971646,97318.193.09$24,518
Oct 19971596,93919.253.15$24,917
Sep 19972866,50317.742.95$24,289
Aug 19971107,47617.862.55$21,064
Jul 19971337,75817.582.25$19,770
Jun 19971427,16417.242.26$18,619
May 19971627,52518.972.31$20,445
Apr 19971017,98117.882.08$18,429
Mar 19971429,14918.951.94$20,432
Feb 19971488,07920.492.21$20,854
Jan 19971078,61523.483.54$33,007
Dec 19961149,08523.32$2,658
Nov 19961098,98621.97$2,395
Oct 19961519,41823.31$3,520
Sep 19961429,30422.22$3,155
Aug 199616013,34420.26$3,242
Jul 199612913,34719.55$2,522
Jun 199612611,47818.73$2,360
May 199619812,46619.43$3,847
Apr 199620611,91721.51$4,431
Mar 199623712,85219.38$4,593
Feb 199631112,10916.98$5,281
Jan 199636112,25117.07$6,162
Dec 199527511,63117.19$4,727
Nov 199513411,55516.00$2,144
Oct 199528020,29215.43$4,320
Sep 199524522,00116.18$3,964
Aug 199524322,53015.92$3,869
Jul 199524120,16215.24$3,673
Jun 199518519,04116.41$3,036
May 199526719,26217.56$4,689
Apr 199551616,36717.73$9,149
Mar 199515316,90116.44$2,515
Feb 199520716,10216.58$3,432
Jan 199529217,71415.92$4,649
Dec 199436718,48415.03$5,516
Nov 199437518,27215.90$5,963
Oct 199432819,05115.58$5,110
Sep 199433720,32215.29$5,153
Aug 199427224,68716.13$4,387
Jul 199434528,96317.56$6,058
Jun 199433133,46917.09$5,657
May 199443929,75015.88$6,971
Apr 199440927,03314.14$5,783
Mar 199437830,28112.46$4,710
Feb 199459235,72912.50$7,400
Jan 199460642,46312.66$7,672
Dec 199359236,97012.33$7,299
Nov 199341433,52914.49$5,999
Oct 199350739,23715.85$8,036
Sep 199344942,21115.03$6,748
Aug 199345748,94015.66$7,157
Jul 199343648,26815.46$6,741
Jun 199343339,18316.79$7,270
May 199351246,34617.68$9,052
Apr 199351943,82418.05$9,368
Mar 199367446,18818.14$12,226
Feb 199363541,71217.90$11,367
Jan 199368157,79416.93$11,529

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 2022 — as filed, then multipliedworked
Oil                    0 bbl  × $ 81.84 =         $0
Casinghead gas        80 Mcf  × $  4.54 =       $363

────────────────────────────────────────────────────
Month total                                     $363

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/O/24809 is the state's own key, not one this site invented.