STERLING -R- FEE

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

Operated by CHEVRON U. S. A. INC. (P-5 148113) 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 26233District 08Field 20097700NGPA filingOilCasinghead gasSave Export

Value, all time

$793 k

Jan 1993 – Sep 2010

Value, last 12 filed months

$3 k

at the published price for each month

Months reported

213

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	10	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	14,585 bbl	$275,031
Casinghead gas	Production	634,018 Mcf	$517,978
Total			$793,009

520,084 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 (10)

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 31.7311, -101.2436. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.9 miles.

31.73070, -101.24475 · 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%

10 of 10 wells

With a plug date

0.0%

0 of 10 wells

Median depth

8,358 ft

10 wells filed one

Completion to plug

—

no well filed both dates

What the state filed about each well

On the RRC proration schedule

10100.0%

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, 10 of 10 wells. Median 8,358 ft, with the middle half between 8,328 and 8,393 ft; the shallowest is 8,310 ft and the deepest 8,400 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, 10 of 10 wells, Sep 1985 – May 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

Sep 1985 – May 2014

10 of 10 wells

10 wells


42-43130895	1	8,371 ft	May 2014	—	Yes
42-43131932	8	8,350 ft	Nov 2013	—	Yes
42-43130960	2	8,400 ft	Nov 2013	—	Yes
42-43131599	3	8,320 ft	Aug 2013	—	Yes
42-43131852	6	8,335 ft	Jun 2012	—	Yes
42-43132031	9	8,400 ft	Oct 1989	—	Yes
42-43132024	10	8,400 ft	Oct 1989	—	Yes
42-43131931	7	8,365 ft	May 1989	—	Yes
42-43131851	5	8,310 ft	Jul 1987	—	Yes
42-43131598	4	8,325 ft	Sep 1985	—	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 (213)

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

213 months


Sep 2010	0	0	72.63	3.98	$0
Aug 2010	0	0	73.68	4.42	$0
Jul 2010	0	0	72.55	4.74	$0
Jun 2010	0	0	70.36	4.91	$0
May 2010	0	0	71.12	4.24	$0
Apr 2010	0	85	81.69	4.12	$350
Mar 2010	0	62	78.39	4.39	$272
Feb 2010	0	75	73.58	5.44	$408
Jan 2010	0	57	74.36	5.96	$340
Dec 2009	0	98	71.44	5.48	$537
Nov 2009	0	147	74.59	3.75	$551
Oct 2009	0	121	72.54	4.11	$497
Sep 2009	0	121	65.54	3.06	$371
Aug 2009	0	122	67.42	3.22	$393
Jul 2009	0	129	61.13	3.46	$447
Jun 2009	0	179	66.16	3.90	$697
May 2009	0	152	54.74	3.93	$597
Apr 2009	0	151	46.77	3.59	$542
Mar 2009	0	237	42.14	4.06	$962
Feb 2009	0	165	32.81	4.63	$764
Jan 2009	0	174	35.86	5.37	$935
Dec 2008	0	95	37.10	5.98	$568
Nov 2008	0	301	55.49	6.86	$2,065
Oct 2008	0	288	75.24	6.92	$1,994
Sep 2008	4	232	101.76	7.88	$2,235
Aug 2008	4	268	114.22	8.48	$2,730
Jul 2008	0	187	131.08	11.39	$2,130
Jun 2008	0	309	131.33	13.03	$4,027
May 2008	0	490	123.17	11.57	$5,671
Apr 2008	0	660	110.31	10.45	$6,900
Mar 2008	2	449	101.90	9.66	$4,543
Feb 2008	9	372	92.53	8.77	$4,095
Jan 2008	10	472	90.38	8.21	$4,777
Dec 2007	7	514	88.33	7.30	$4,372
Nov 2007	8	516	91.67	7.29	$4,496
Oct 2007	2	507	82.85	6.92	$3,675
Sep 2007	3	513	75.84	6.24	$3,431
Aug 2007	4	507	69.06	6.39	$3,515
Jul 2007	7	479	70.90	6.39	$3,556
Jun 2007	6	460	62.00	7.55	$3,844
May 2007	9	515	58.74	7.85	$4,569
Apr 2007	17	584	59.61	7.81	$5,572
Mar 2007	9	549	56.92	7.30	$4,521
Feb 2007	6	389	55.10	8.22	$3,527
Jan 2007	14	536	50.30	6.73	$4,310
Dec 2006	17	558	56.65	6.92	$4,824
Nov 2006	4	415	54.20	7.62	$3,378
Oct 2006	8	461	54.90	6.01	$3,212
Sep 2006	5	457	60.08	5.04	$2,602
Aug 2006	9	419	68.71	7.34	$3,694
Jul 2006	9	540	69.37	6.34	$4,049
Jun 2006	13	572	66.28	6.38	$4,513
May 2006	11	558	66.01	6.42	$4,311
Apr 2006	8	499	64.39	7.36	$4,188
Mar 2006	8	532	56.70	7.08	$4,222
Feb 2006	13	460	57.59	7.75	$4,314
Jan 2006	17	556	60.59	8.93	$5,997
Dec 2005	19	541	54.94	13.42	$8,302
Nov 2005	22	507	54.69	10.59	$6,572
Oct 2005	22	443	58.34	13.80	$7,395
Sep 2005	11	416	61.45	12.08	$5,701
Aug 2005	5	499	61.51	9.80	$5,196
Jul 2005	12	570	55.69	7.84	$5,139
Jun 2005	10	592	52.33	7.38	$4,893
May 2005	21	623	45.22	6.65	$5,093
Apr 2005	43	548	49.20	7.36	$6,149
Mar 2005	38	1,170	50.37	7.15	$10,285
Feb 2005	16	506	45.22	6.31	$3,917
Jan 2005	28	574	43.16	6.32	$4,837
Dec 2004	16	520	39.86	6.75	$4,148
Nov 2004	23	535	45.28	6.33	$4,428
Oct 2004	20	595	49.70	6.52	$4,870
Sep 2004	17	564	43.24	5.28	$3,715
Aug 2004	17	606	42.37	5.55	$4,084
Jul 2004	22	624	38.28	6.08	$4,639
Jun 2004	21	612	36.10	6.43	$4,695
May 2004	25	643	37.48	6.49	$5,113
Apr 2004	12	586	34.47	5.86	$3,847
Mar 2004	12	621	34.36	5.53	$3,847
Feb 2004	15	586	32.45	5.51	$3,715
Jan 2004	13	575	32.03	6.30	$4,039
Dec 2003	16	660	30.26	6.30	$4,643
Nov 2003	17	657	28.80	4.60	$3,509
Oct 2003	20	760	28.17	4.76	$4,181
Sep 2003	19	737	26.31	4.75	$4,000
Aug 2003	19	798	29.76	5.13	$4,659
Jul 2003	17	791	29.41	5.17	$4,590
Jun 2003	17	809	28.56	5.98	$5,326
May 2003	14	847	26.59	5.97	$5,431
Apr 2003	12	953	26.67	5.41	$5,473
Mar 2003	13	1,063	31.14	6.10	$6,885
Feb 2003	14	930	33.48	7.93	$7,840
Jan 2003	10	992	30.31	5.58	$5,840
Dec 2002	6	986	26.91	4.85	$4,947
Nov 2002	6	979	24.66	4.14	$4,198
Oct 2002	25	765	26.46	4.23	$3,897
Sep 2002	34	698	27.44	3.64	$3,470
Aug 2002	26	743	25.96	3.16	$3,026
Jul 2002	12	722	24.58	3.06	$2,506
Jun 2002	12	782	23.73	3.34	$2,895
May 2002	10	751	24.66	3.58	$2,938
Apr 2002	17	727	23.65	3.51	$2,956
Mar 2002	27	733	22.00	3.10	$2,868
Feb 2002	38	516	18.22	2.38	$1,918
Jan 2002	47	546	17.17	2.38	$2,104
Dec 2001	50	507	16.93	2.36	$2,045
Nov 2001	50	610	18.07	2.41	$2,371
Oct 2001	61	659	19.78	2.53	$2,873
Sep 2001	57	635	24.26	2.25	$2,812
Aug 2001	44	613	24.87	3.05	$2,966
Jul 2001	42	724	23.93	3.20	$3,320
Jun 2001	33	622	24.56	3.82	$3,189
May 2001	46	713	25.52	4.31	$4,245
Apr 2001	37	682	24.68	5.34	$4,552
Mar 2001	31	839	24.54	5.38	$5,272
Feb 2001	25	1,264	27.75	5.77	$7,983
Jan 2001	29	1,383	27.47	8.40	$12,412
Dec 2000	29	1,280	26.88	9.12	$12,456
Nov 2000	29	708	32.21	5.66	$4,940
Oct 2000	26	731	31.23	5.15	$4,573
Sep 2000	20	727	31.87	5.19	$4,408
Aug 2000	35	769	29.64	4.54	$4,529
Jul 2000	33	771	28.53	4.09	$4,095
Jun 2000	33	752	29.30	4.40	$4,274
May 2000	41	976	27.26	3.68	$4,709
Apr 2000	44	981	24.51	3.12	$4,135
Mar 2000	39	1,013	28.42	2.86	$4,005
Feb 2000	54	860	27.62	2.73	$3,836
Jan 2000	56	895	25.27	2.48	$3,635
Dec 1999	70	924	24.28	2.42	$3,939
Nov 1999	72	970	23.19	2.43	$4,031
Oct 1999	83	1,041	20.98	2.80	$4,660
Sep 1999	76	1,020	21.75	2.62	$4,324
Aug 1999	67	1,292	19.26	2.88	$5,006
Jul 1999	30	1,193	17.89	2.37	$3,367
Jun 1999	41	1,252	15.94	2.36	$3,611
May 1999	50	816	15.79	2.32	$2,683
Apr 1999	12	802	15.10	2.21	$1,952
Mar 1999	45	799	12.47	1.84	$2,030
Feb 1999	33	879	9.98	1.82	$1,927
Jan 1999	33	982	10.38	1.90	$2,208
Dec 1998	39	943	9.20	1.77	$2,031
Nov 1998	43	964	10.89	2.19	$2,575
Oct 1998	42	985	12.42	1.97	$2,461
Sep 1998	36	955	12.59	2.08	$2,442
Aug 1998	47	1,073	11.30	1.91	$2,578
Jul 1998	24	1,109	11.74	2.24	$2,763
Jun 1998	32	1,081	11.24	2.24	$2,778
May 1998	29	1,003	12.62	2.21	$2,579
Apr 1998	33	992	13.04	2.51	$2,916
Mar 1998	33	1,033	12.80	2.31	$2,808
Feb 1998	32	1,112	13.95	2.30	$3,003
Jan 1998	37	1,261	14.70	2.15	$3,261
Dec 1997	34	1,259	16.32	2.41	$3,590
Nov 1997	45	1,335	18.19	3.09	$4,941
Oct 1997	43	1,402	19.25	3.15	$5,244
Sep 1997	45	1,382	17.74	2.95	$4,882
Aug 1997	32	1,189	17.86	2.55	$3,609
Jul 1997	41	1,181	17.58	2.25	$3,374
Jun 1997	45	1,125	17.24	2.26	$3,315
May 1997	40	1,291	18.97	2.31	$3,739
Apr 1997	39	1,286	17.88	2.08	$3,376
Mar 1997	48	2,123	18.95	1.94	$5,026
Feb 1997	53	2,340	20.49	2.21	$6,248
Jan 1997	40	2,531	23.48	3.54	$9,898
Dec 1996	49	2,719	23.32	—	$1,143
Nov 1996	50	2,649	21.97	—	$1,099
Oct 1996	61	2,771	23.31	—	$1,422
Sep 1996	59	2,769	22.22	—	$1,311
Aug 1996	59	3,211	20.26	—	$1,195
Jul 1996	49	3,333	19.55	—	$958
Jun 1996	54	3,226	18.73	—	$1,011
May 1996	75	3,419	19.43	—	$1,457
Apr 1996	91	3,421	21.51	—	$1,957
Mar 1996	113	3,549	19.38	—	$2,190
Feb 1996	73	3,686	16.98	—	$1,240
Jan 1996	95	3,849	17.07	—	$1,622
Dec 1995	88	3,611	17.19	—	$1,513
Nov 1995	73	3,536	16.00	—	$1,168
Oct 1995	95	3,634	15.43	—	$1,466
Sep 1995	106	2,864	16.18	—	$1,715
Aug 1995	244	3,420	15.92	—	$3,884
Jul 1995	68	2,400	15.24	—	$1,036
Jun 1995	79	2,802	16.41	—	$1,296
May 1995	81	3,932	17.56	—	$1,422
Apr 1995	99	2,761	17.73	—	$1,755
Mar 1995	103	3,576	16.44	—	$1,693
Feb 1995	63	3,342	16.58	—	$1,045
Jan 1995	125	3,886	15.92	—	$1,990
Dec 1994	81	3,467	15.03	—	$1,217
Nov 1994	105	3,811	15.90	—	$1,670
Oct 1994	82	3,961	15.58	—	$1,278
Sep 1994	66	2,650	15.29	—	$1,009
Aug 1994	134	8,355	16.13	—	$2,161
Jul 1994	159	8,276	17.56	—	$2,792
Jun 1994	150	4,585	17.09	—	$2,564
May 1994	126	9,004	15.88	—	$2,001
Apr 1994	440	18,561	14.14	—	$6,222
Mar 1994	397	17,838	12.46	—	$4,947
Feb 1994	378	20,376	12.50	—	$4,725
Jan 1994	395	24,973	12.66	—	$5,001
Dec 1993	456	21,810	12.33	—	$5,622
Nov 1993	422	26,157	14.49	—	$6,115
Oct 1993	571	28,580	15.85	—	$9,050
Sep 1993	480	29,098	15.03	—	$7,214
Aug 1993	502	29,473	15.66	—	$7,861
Jul 1993	506	28,505	15.46	—	$7,823
Jun 1993	490	25,364	16.79	—	$8,227
May 1993	561	27,048	17.68	—	$9,918
Apr 1993	582	27,492	18.05	—	$10,505
Mar 1993	586	27,490	18.14	—	$10,630
Feb 1993	520	23,891	17.90	—	$9,308
Jan 1993	705	20,953	16.93	—	$11,936

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.

Apr 2010 — as filed, then multipliedworked

Oil                    0 bbl  × $ 81.69 =         $0
Casinghead gas        85 Mcf  × $  4.12 =       $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/O/26233 is the state's own key, not one this site invented.