STERLING "O" FEE

Name: STERLING "O" FEE lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by TEXACO E & P INC. (P-5 844118) 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 25028District 08Field 20097700NGPA filingOilCasinghead gasSave Export

Value, all time

$418 k

Jan 1993 – Nov 1998

Value, last 12 filed months

$36 k

at the published price for each month

Months reported

no gaps in the span

Streams

oil, casinghead 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”

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.

Programme	Filings	With an approval date	Dated	Docket
NGPA	15	none	—	—

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.

Stream	Basis	Volume	Value
Oil	Disposition	17,504 bbl	$272,346
Casinghead gas	Production	889,771 Mcf	$145,831
Total			$418,176

830,346 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 (14)

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 31.7584, -101.2537. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.9 miles.

31.75878, -101.25332 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

100.0%

14 of 14 wells

With a plug date

0.0%

0 of 14 wells

Median depth

8,380 ft

14 wells filed one

Completion to plug

—

no well filed both dates

What the state filed about each well

On the RRC proration schedule

14100.0%

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.

00.0%

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

Total depth in feet, 14 of 14 wells. Median 8,380 ft, with the middle half between 8,350 and 8,407 ft; the shallowest is 8,315 ft and the deepest 8,465 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, 14 of 14 wells, May 1978 – Jul 2014. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed

May 1978 – Jul 2014

14 of 14 wells

14 wells


42-43131353	7	8,420 ft	Jul 2014	—	Yes
42-43132663	14	8,350 ft	Aug 2008	—	Yes
42-43132662	13	8,465 ft	Aug 1993	—	Yes
42-43132648	12	8,425 ft	Jul 1993	—	Yes
42-43131713	11	8,370 ft	Nov 1985	—	Yes
42-43131715	10	8,390 ft	Oct 1985	—	Yes
42-43131693	9	8,408 ft	Oct 1985	—	Yes
42-43131418	8	8,400 ft	Jan 1984	—	Yes
42-43131246	6	8,350 ft	Jul 1983	—	Yes
42-43131245	5	8,405 ft	Dec 1982	—	Yes
42-43130702	4	8,350 ft	Aug 1978	—	Yes
42-43130671	3	8,350 ft	Jul 1978	—	Yes
42-43130663	2	8,350 ft	May 1978	—	Yes
42-43130658	1	8,315 ft	May 1978	—	Yes

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 (71)

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

71 months


Nov 1998	0	0	10.89	2.19	$0
Oct 1998	0	0	12.42	1.97	$0
Sep 1998	0	0	12.59	2.08	$0
Aug 1998	0	0	11.30	1.91	$0
Jul 1998	8	1,676	11.74	2.24	$3,844
Jun 1998	11	2,442	11.24	2.24	$5,587
May 1998	25	2,181	12.62	2.21	$5,128
Apr 1998	24	2,026	13.04	2.51	$5,389
Mar 1998	24	2,123	12.80	2.31	$5,210
Feb 1998	25	1,334	13.95	2.30	$3,416
Jan 1998	32	1,456	14.70	2.15	$3,608
Dec 1997	28	1,536	16.32	2.41	$4,160
Nov 1997	15	2,428	18.19	3.09	$7,771
Oct 1997	15	2,578	19.25	3.15	$8,409
Sep 1997	18	2,536	17.74	2.95	$7,813
Aug 1997	32	2,407	17.86	2.55	$6,721
Jul 1997	48	4,268	17.58	2.25	$10,434
Jun 1997	57	4,573	17.24	2.26	$11,305
May 1997	61	5,132	18.97	2.31	$13,004
Apr 1997	65	5,028	17.88	2.08	$11,634
Mar 1997	56	5,371	18.95	1.94	$11,476
Feb 1997	59	4,914	20.49	2.21	$12,049
Jan 1997	45	5,416	23.48	3.54	$20,228
Dec 1996	57	5,586	23.32	—	$1,329
Nov 1996	95	5,719	21.97	—	$2,087
Oct 1996	110	7,161	23.31	—	$2,564
Sep 1996	109	6,819	22.22	—	$2,422
Aug 1996	86	10,107	20.26	—	$1,742
Jul 1996	73	10,164	19.55	—	$1,427
Jun 1996	69	9,712	18.73	—	$1,292
May 1996	100	10,608	19.43	—	$1,943
Apr 1996	129	10,512	21.51	—	$2,775
Mar 1996	132	11,151	19.38	—	$2,558
Feb 1996	59	9,501	16.98	—	$1,002
Jan 1996	64	10,286	17.07	—	$1,092
Dec 1995	80	9,013	17.19	—	$1,375
Nov 1995	65	9,934	16.00	—	$1,040
Oct 1995	86	11,202	15.43	—	$1,327
Sep 1995	99	11,016	16.18	—	$1,602
Aug 1995	123	13,359	15.92	—	$1,958
Jul 1995	99	13,293	15.24	—	$1,509
Jun 1995	121	19,066	16.41	—	$1,986
May 1995	207	15,706	17.56	—	$3,635
Apr 1995	295	17,506	17.73	—	$5,230
Mar 1995	317	17,685	16.44	—	$5,211
Feb 1995	150	15,406	16.58	—	$2,487
Jan 1995	305	17,846	15.92	—	$4,856
Dec 1994	333	17,103	15.03	—	$5,005
Nov 1994	307	18,526	15.90	—	$4,881
Oct 1994	236	15,831	15.58	—	$3,677
Sep 1994	268	14,531	15.29	—	$4,098
Aug 1994	305	23,001	16.13	—	$4,920
Jul 1994	347	26,696	17.56	—	$6,093
Jun 1994	268	22,953	17.09	—	$4,580
May 1994	470	14,366	15.88	—	$7,464
Apr 1994	667	25,424	14.14	—	$9,431
Mar 1994	786	26,342	12.46	—	$9,794
Feb 1994	753	24,500	12.50	—	$9,413
Jan 1994	889	24,018	12.66	—	$11,255
Dec 1993	1,014	27,951	12.33	—	$12,503
Nov 1993	1,001	29,926	14.49	—	$14,504
Oct 1993	1,447	30,197	15.85	—	$22,935
Sep 1993	1,629	27,477	15.03	—	$24,484
Aug 1993	783	25,718	15.66	—	$12,262
Jul 1993	776	25,888	15.46	—	$11,997
Jun 1993	316	21,512	16.79	—	$5,306
May 1993	239	23,798	17.68	—	$4,226
Apr 1993	249	23,064	18.05	—	$4,494
Mar 1993	347	26,341	18.14	—	$6,295
Feb 1993	229	15,065	17.90	—	$4,099
Jan 1993	167	21,760	16.93	—	$2,827

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.

Jul 1998 — as filed, then multipliedworked

Oil                    8 bbl  × $ 11.74 =        $94
Casinghead gas     1,676 Mcf  × $  2.24 =     $3,750

────────────────────────────────────────────────────
Month total                                   $3,844

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/25028 is the state's own key, not one this site invented.