STERLING Q FEE

Name: STERLING Q 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 27466District 08Field 20097700NGPA filingOilCasinghead gasSave Export

Value, all time

$1.8 M

Jan 1993 – Oct 2014

Value, last 12 filed months

at the published price for each month

Months reported

262

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	7	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	33,409 bbl	$595,996
Casinghead gas	Production	1,139,078 Mcf	$1,207,696
Total			$1,803,692

783,414 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 (6)

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 31.7719, -101.1342. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.8 miles.

31.77161, -101.13370 · 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%

6 of 6 wells

With a plug date

50.0%

3 of 6 wells

Median depth

8,113 ft

6 wells filed one

Completion to plug

20.5 years

median over 3 wells

What the state filed about each well

On the RRC proration schedule

6100.0%

A plug date is filed

350.0%

BothOn the schedule and plugged. Neither fact cancels the other.

350.0%

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

Between 7,750 and 8,210 ft, median 8,113 ft, over the 6 wells that filed a depth.

Completions filed

May 1988 – Jun 2018

6 of 6 wells

Plug dates filed

Jun 2013 – Aug 2019

3 of 6 wells; 3 filed none

Last completion to plug: a median of 20.5 years across the 3 wells that filed both dates, with the middle half between 10.8 years and 22.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

6 wells


42-43132511	3	8,210 ft	Jun 2018	Aug 2019	Yes
42-43131151	2	7,750 ft	Mar 2008	—	Yes
42-43132680	6	7,805 ft	Jan 2005	—	Yes
42-43132510	4	8,210 ft	Dec 1992	—	Yes
42-43132509	5	8,125 ft	Dec 1992	Jun 2013	Yes
42-43131150	1	8,100 ft	May 1988	Aug 2013	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 (262)

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

262 months


Oct 2014	0	0	78.30	3.90	$0
Sep 2014	0	0	86.16	4.05	$0
Aug 2014	0	0	89.39	4.04	$0
Jul 2014	0	0	96.56	4.18	$0
Jun 2014	0	0	98.16	4.74	$0
May 2014	0	0	94.73	4.73	$0
Apr 2014	0	0	95.94	4.81	$0
Mar 2014	0	0	95.89	5.06	$0
Feb 2014	0	0	97.40	6.19	$0
Jan 2014	0	0	90.40	4.86	$0
Dec 2013	0	0	91.82	4.35	$0
Nov 2013	0	0	88.85	3.74	$0
Oct 2013	0	0	97.42	3.78	$0
Sep 2013	0	0	104.11	3.72	$0
Aug 2013	0	0	104.25	3.52	$0
Jul 2013	0	0	102.52	3.72	$0
Jun 2013	0	0	94.40	3.93	$0
May 2013	0	0	94.83	4.15	$0
Apr 2013	0	0	93.96	4.28	$0
Mar 2013	0	0	93.62	3.91	$0
Feb 2013	0	0	91.23	3.42	$0
Jan 2013	0	0	91.60	3.42	$0
Dec 2012	0	0	86.77	3.42	$0
Nov 2012	0	0	86.95	3.62	$0
Oct 2012	0	0	89.38	3.40	$0
Sep 2012	0	0	94.67	2.92	$0
Aug 2012	0	0	92.66	2.91	$0
Jul 2012	0	182	85.13	3.02	$550
Jun 2012	0	184	79.82	2.52	$464
May 2012	0	185	91.61	2.49	$460
Apr 2012	0	164	101.65	2.00	$327
Mar 2012	0	186	105.05	2.22	$413
Feb 2012	0	194	101.10	2.57	$499
Jan 2012	0	113	98.09	2.73	$309
Dec 2011	0	175	96.87	3.24	$567
Nov 2011	0	165	95.72	3.31	$546
Oct 2011	0	171	84.98	3.65	$624
Sep 2011	0	171	83.62	3.99	$682
Aug 2011	0	107	83.40	4.15	$444
Jul 2011	0	129	94.14	4.52	$583
Jun 2011	0	99	92.90	4.64	$459
May 2011	0	84	98.13	4.40	$370
Apr 2011	0	66	105.96	4.33	$286
Mar 2011	0	128	96.36	4.06	$519
Feb 2011	0	84	85.64	4.18	$351
Jan 2011	0	79	86.50	4.59	$363
Dec 2010	0	117	85.73	4.35	$509
Nov 2010	0	107	80.84	3.80	$406
Oct 2010	0	117	78.10	3.51	$411
Sep 2010	0	113	72.63	3.98	$450
Aug 2010	0	104	73.68	4.42	$460
Jul 2010	0	130	72.55	4.74	$616
Jun 2010	0	131	70.36	4.91	$643
May 2010	0	125	71.12	4.24	$529
Apr 2010	0	139	81.69	4.12	$573
Mar 2010	0	140	78.39	4.39	$614
Feb 2010	0	106	73.58	5.44	$577
Jan 2010	0	189	74.36	5.96	$1,127
Dec 2009	0	155	71.44	5.48	$850
Nov 2009	0	163	74.59	3.75	$611
Oct 2009	0	99	72.54	4.11	$407
Sep 2009	0	118	65.54	3.06	$362
Aug 2009	0	121	67.42	3.22	$389
Jul 2009	0	164	61.13	3.46	$568
Jun 2009	0	130	66.16	3.90	$506
May 2009	0	107	54.74	3.93	$420
Apr 2009	0	145	46.77	3.59	$520
Mar 2009	0	164	42.14	4.06	$666
Feb 2009	0	125	32.81	4.63	$579
Jan 2009	0	266	35.86	5.37	$1,429
Dec 2008	0	308	37.10	5.98	$1,841
Nov 2008	1	148	55.49	6.86	$1,071
Oct 2008	1	112	75.24	6.92	$851
Sep 2008	1	268	101.76	7.88	$2,213
Aug 2008	0	226	114.22	8.48	$1,917
Jul 2008	0	54	131.08	11.39	$615
Jun 2008	2	140	131.33	13.03	$2,087
May 2008	8	171	123.17	11.57	$2,965
Apr 2008	1	167	110.31	10.45	$1,856
Mar 2008	11	357	101.90	9.66	$4,571
Feb 2008	0	261	92.53	8.77	$2,289
Jan 2008	0	288	90.38	8.21	$2,363
Dec 2007	0	303	88.33	7.30	$2,213
Nov 2007	0	308	91.67	7.29	$2,246
Oct 2007	0	342	82.85	6.92	$2,367
Sep 2007	0	343	75.84	6.24	$2,142
Aug 2007	0	237	69.06	6.39	$1,514
Jul 2007	0	203	70.90	6.39	$1,297
Jun 2007	0	175	62.00	7.55	$1,321
May 2007	0	166	58.74	7.85	$1,302
Apr 2007	0	213	59.61	7.81	$1,663
Mar 2007	0	251	56.92	7.30	$1,833
Feb 2007	0	213	55.10	8.22	$1,750
Jan 2007	0	231	50.30	6.73	$1,554
Dec 2006	6	229	56.65	6.92	$1,924
Nov 2006	8	272	54.20	7.62	$2,506
Oct 2006	3	348	54.90	6.01	$2,258
Sep 2006	12	424	60.08	5.04	$2,857
Aug 2006	7	265	68.71	7.34	$2,426
Jul 2006	8	263	69.37	6.34	$2,223
Jun 2006	11	443	66.28	6.38	$3,557
May 2006	15	341	66.01	6.42	$3,181
Apr 2006	20	273	64.39	7.36	$3,297
Mar 2006	29	285	56.70	7.08	$3,663
Feb 2006	21	274	57.59	7.75	$3,333
Jan 2006	15	417	60.59	8.93	$4,634
Dec 2005	33	382	54.94	13.42	$6,938
Nov 2005	26	415	54.69	10.59	$5,816
Oct 2005	15	378	58.34	13.80	$6,090
Sep 2005	16	365	61.45	12.08	$5,392
Aug 2005	18	367	61.51	9.80	$4,703
Jul 2005	21	369	55.69	7.84	$4,064
Jun 2005	7	330	52.33	7.38	$2,802
May 2005	13	357	45.22	6.65	$2,962
Apr 2005	29	302	49.20	7.36	$3,650
Mar 2005	22	275	50.37	7.15	$3,076
Feb 2005	27	392	45.22	6.31	$3,695
Jan 2005	14	442	43.16	6.32	$3,399
Dec 2004	48	427	39.86	6.75	$4,796
Nov 2004	22	794	45.28	6.33	$6,023
Oct 2004	12	749	49.70	6.52	$5,476
Sep 2004	9	757	43.24	5.28	$4,389
Aug 2004	13	611	42.37	5.55	$3,942
Jul 2004	22	267	38.28	6.08	$2,467
Jun 2004	19	269	36.10	6.43	$2,416
May 2004	16	637	37.48	6.49	$4,737
Apr 2004	13	797	34.47	5.86	$5,117
Mar 2004	25	809	34.36	5.53	$5,333
Feb 2004	18	772	32.45	5.51	$4,838
Jan 2004	12	784	32.03	6.30	$5,323
Dec 2003	32	800	30.26	6.30	$6,010
Nov 2003	46	1,211	28.80	4.60	$6,890
Oct 2003	99	1,762	28.17	4.76	$11,175
Sep 2003	61	1,836	26.31	4.75	$10,325
Aug 2003	62	2,024	29.76	5.13	$12,228
Jul 2003	44	2,070	29.41	5.17	$11,998
Jun 2003	50	2,015	28.56	5.98	$13,484
May 2003	48	2,404	26.59	5.97	$15,635
Apr 2003	49	1,768	26.67	5.41	$10,867
Mar 2003	20	1,803	31.14	6.10	$11,614
Feb 2003	17	1,588	33.48	7.93	$13,155
Jan 2003	38	1,706	30.31	5.58	$10,675
Dec 2002	36	1,764	26.91	4.85	$9,531
Nov 2002	21	1,800	24.66	4.14	$7,964
Oct 2002	4	1,795	26.46	4.23	$7,697
Sep 2002	5	1,767	27.44	3.64	$6,561
Aug 2002	8	1,893	25.96	3.16	$6,197
Jul 2002	8	1,882	24.58	3.06	$5,959
Jun 2002	8	1,928	23.73	3.34	$6,626
May 2002	8	2,060	24.66	3.58	$7,580
Apr 2002	18	1,786	23.65	3.51	$6,699
Mar 2002	41	2,092	22.00	3.10	$7,393
Feb 2002	42	1,627	18.22	2.38	$4,630
Jan 2002	32	1,752	17.17	2.38	$4,712
Dec 2001	40	2,250	16.93	2.36	$5,997
Nov 2001	70	2,477	18.07	2.41	$7,223
Oct 2001	77	2,817	19.78	2.53	$8,647
Sep 2001	90	2,991	24.26	2.25	$8,917
Aug 2001	93	2,942	24.87	3.05	$11,295
Jul 2001	109	3,032	23.93	3.20	$12,302
Jun 2001	92	2,960	24.56	3.82	$13,579
May 2001	101	2,980	25.52	4.31	$15,413
Apr 2001	122	3,004	24.68	5.34	$19,038
Mar 2001	110	3,008	24.54	5.38	$18,872
Feb 2001	154	3,021	27.75	5.77	$21,696
Jan 2001	152	3,345	27.47	8.40	$32,269
Dec 2000	111	3,199	26.88	9.12	$32,167
Nov 2000	77	3,651	32.21	5.66	$23,138
Oct 2000	76	3,682	31.23	5.15	$21,319
Sep 2000	80	3,657	31.87	5.19	$21,517
Aug 2000	156	3,913	29.64	4.54	$22,392
Jul 2000	148	3,975	28.53	4.09	$20,479
Jun 2000	113	3,769	29.30	4.40	$19,884
May 2000	101	3,213	27.26	3.68	$14,576
Apr 2000	110	3,093	24.51	3.12	$12,334
Mar 2000	105	3,279	28.42	2.86	$12,361
Feb 2000	142	3,057	27.62	2.73	$12,257
Jan 2000	119	3,155	25.27	2.48	$10,833
Dec 1999	118	3,249	24.28	2.42	$10,740
Nov 1999	102	3,950	23.19	2.43	$11,980
Oct 1999	122	4,186	20.98	2.80	$14,296
Sep 1999	88	4,053	21.75	2.62	$12,528
Aug 1999	79	4,331	19.26	2.88	$13,976
Jul 1999	75	4,365	17.89	2.37	$11,697
Jun 1999	84	4,621	15.94	2.36	$12,254
May 1999	82	3,636	15.79	2.32	$9,734
Apr 1999	94	3,556	15.10	2.21	$9,271
Mar 1999	65	3,122	12.47	1.84	$6,550
Feb 1999	64	3,287	9.98	1.82	$6,614
Jan 1999	63	3,324	10.38	1.90	$6,969
Dec 1998	82	3,569	9.20	1.77	$7,083
Nov 1998	128	2,693	10.89	2.19	$7,280
Oct 1998	309	2,850	12.42	1.97	$9,450
Sep 1998	102	2,178	12.59	2.08	$5,820
Aug 1998	130	4,308	11.30	1.91	$9,686
Jul 1998	81	4,543	11.74	2.24	$11,115
Jun 1998	96	4,398	11.24	2.24	$10,919
May 1998	85	5,391	12.62	2.21	$12,967
Apr 1998	91	5,475	13.04	2.51	$14,903
Mar 1998	101	7,135	12.80	2.31	$17,771
Feb 1998	86	6,635	13.95	2.30	$16,454
Jan 1998	96	7,170	14.70	2.15	$16,861
Dec 1997	102	7,602	16.32	2.41	$19,994
Nov 1997	138	7,477	18.19	3.09	$25,601
Oct 1997	134	8,279	19.25	3.15	$28,657
Sep 1997	135	8,799	17.74	2.95	$28,395
Aug 1997	92	10,172	17.86	2.55	$27,630
Jul 1997	125	8,032	17.58	2.25	$20,245
Jun 1997	114	7,024	17.24	2.26	$17,820
May 1997	165	9,719	18.97	2.31	$25,566
Apr 1997	155	11,592	17.88	2.08	$26,915
Mar 1997	139	10,336	18.95	1.94	$22,677
Feb 1997	129	7,481	20.49	2.21	$19,146
Jan 1997	139	10,216	23.48	3.54	$39,425
Dec 1996	125	8,712	23.32	—	$2,915
Nov 1996	129	9,624	21.97	—	$2,834
Oct 1996	189	9,003	23.31	—	$4,406
Sep 1996	184	10,517	22.22	—	$4,088
Aug 1996	171	8,645	20.26	—	$3,464
Jul 1996	166	10,030	19.55	—	$3,245
Jun 1996	130	7,388	18.73	—	$2,435
May 1996	164	6,733	19.43	—	$3,187
Apr 1996	189	7,532	21.51	—	$4,065
Mar 1996	212	8,334	19.38	—	$4,109
Feb 1996	180	10,374	16.98	—	$3,056
Jan 1996	178	10,541	17.07	—	$3,038
Dec 1995	184	9,125	17.19	—	$3,163
Nov 1995	194	7,915	16.00	—	$3,104
Oct 1995	275	13,469	15.43	—	$4,243
Sep 1995	321	13,573	16.18	—	$5,194
Aug 1995	284	12,738	15.92	—	$4,521
Jul 1995	305	11,528	15.24	—	$4,648
Jun 1995	291	13,243	16.41	—	$4,775
May 1995	316	11,745	17.56	—	$5,549
Apr 1995	271	10,445	17.73	—	$4,805
Mar 1995	215	8,285	16.44	—	$3,535
Feb 1995	235	7,253	16.58	—	$3,896
Jan 1995	299	8,727	15.92	—	$4,760
Dec 1994	403	9,279	15.03	—	$6,057
Nov 1994	444	10,720	15.90	—	$7,060
Oct 1994	441	15,115	15.58	—	$6,871
Sep 1994	378	9,535	15.29	—	$5,780
Aug 1994	445	14,415	16.13	—	$7,178
Jul 1994	370	11,727	17.56	—	$6,497
Jun 1994	411	13,414	17.09	—	$7,024
May 1994	666	15,604	15.88	—	$10,576
Apr 1994	903	19,434	14.14	—	$12,768
Mar 1994	1,017	21,342	12.46	—	$12,672
Feb 1994	957	20,812	12.50	—	$11,963
Jan 1994	1,062	21,398	12.66	—	$13,445
Dec 1993	1,149	20,646	12.33	—	$14,167
Nov 1993	1,143	25,350	14.49	—	$16,562
Oct 1993	1,247	24,963	15.85	—	$19,765
Sep 1993	703	24,051	15.03	—	$10,566
Aug 1993	743	28,635	15.66	—	$11,635
Jul 1993	809	30,533	15.46	—	$12,507
Jun 1993	855	32,805	16.79	—	$14,355
May 1993	1,143	41,419	17.68	—	$20,208
Apr 1993	1,230	41,926	18.05	—	$22,202
Mar 1993	1,246	43,829	18.14	—	$22,602
Feb 1993	1,449	36,036	17.90	—	$25,937
Jan 1993	1,003	14,947	16.93	—	$16,981

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 2012 — as filed, then multipliedworked

Oil                    0 bbl  × $ 85.13 =         $0
Casinghead gas       182 Mcf  × $  3.02 =       $550

────────────────────────────────────────────────────
Month total                                     $550

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/27466 is the state's own key, not one this site invented.