STERLING "P" FEE

Name: STERLING "P" 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, SW (PENN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 30377District 08Field 20101500NGPA filingOilCasinghead gasSave Export

Value, all time

$4.2 M

Jan 1993 – Oct 2006

Value, last 12 filed months

$349 k

at the published price for each month

Months reported

166

no gaps in the span

Streams

oil, casinghead gas

The CONGER, SW (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 271 leases and 445 wells, and the rule below applies to all of them.

Discovered

1979-02-21

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 1986-07-01.

The Commission's schedule remark for this field reads: “OPERATOR REQUEST. TEXACO E & P INC ALLICIANT..”

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	9	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	48,513 bbl	$1,008,868
Casinghead gas	Production	1,472,495 Mcf	$3,175,031
Total			$4,183,899

679,710 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 (8)

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 31.6593, -101.1987. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.8 miles.

31.65794, -101.19765 · 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%

8 of 8 wells

With a plug date

0.0%

0 of 8 wells

Median depth

8,000 ft

8 wells filed one

Completion to plug

—

no well filed both dates

What the state filed about each well

On the RRC proration schedule

8100.0%

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, 8 of 8 wells. Median 8,000 ft, with the middle half between 7,984 and 8,035 ft; the shallowest is 7,950 ft and the deepest 8,450 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, 8 of 8 wells, Mar 1987 – Jul 2018. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed

Mar 1987 – Jul 2018

8 of 8 wells

8 wells


42-43131930	3	8,000 ft	Jul 2018	—	Yes
42-43132482	7	8,450 ft	Oct 2009	—	Yes
42-43132002	5	7,950 ft	Aug 2009	—	Yes
42-43132483	6	7,965 ft	Mar 2008	—	Yes
42-43131929	4	7,990 ft	May 2007	—	Yes
42-43131554	1	8,050 ft	Apr 2007	—	Yes
42-43132489	8	8,030 ft	Nov 1992	—	Yes
42-43131838	2	8,000 ft	Mar 1987	—	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 (166)

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

166 months


Oct 2006	0	0	54.90	6.01	$0
Sep 2006	0	0	60.08	5.04	$0
Aug 2006	0	4,120	68.71	7.34	$30,240
Jul 2006	0	4,289	69.37	6.34	$27,204
Jun 2006	0	4,325	66.28	6.38	$27,610
May 2006	1	3,689	66.01	6.42	$23,768
Apr 2006	15	3,717	64.39	7.36	$28,325
Mar 2006	14	3,570	56.70	7.08	$26,080
Feb 2006	28	3,218	57.59	7.75	$26,556
Jan 2006	137	3,812	60.59	8.93	$42,355
Dec 2005	191	4,037	54.94	13.42	$64,652
Nov 2005	161	4,116	54.69	10.59	$52,387
Oct 2005	248	4,618	58.34	13.80	$78,177
Sep 2005	251	4,497	61.45	12.08	$69,743
Aug 2005	218	4,585	61.51	9.80	$58,328
Jul 2005	197	4,261	55.69	7.84	$44,393
Jun 2005	143	4,221	52.33	7.38	$38,639
May 2005	174	4,339	45.22	6.65	$36,728
Apr 2005	177	4,148	49.20	7.36	$39,240
Mar 2005	170	8,984	50.37	7.15	$72,842
Feb 2005	120	4,152	45.22	6.31	$31,633
Jan 2005	105	4,598	43.16	6.32	$33,601
Dec 2004	101	4,374	39.86	6.75	$33,555
Nov 2004	145	4,470	45.28	6.33	$34,863
Oct 2004	219	4,812	49.70	6.52	$42,235
Sep 2004	255	4,767	43.24	5.28	$36,215
Aug 2004	171	4,276	42.37	5.55	$30,980
Jul 2004	195	4,919	38.28	6.08	$37,393
Jun 2004	193	4,634	36.10	6.43	$36,778
May 2004	177	5,121	37.48	6.49	$39,893
Apr 2004	179	5,145	34.47	5.86	$36,312
Mar 2004	161	5,055	34.36	5.53	$33,487
Feb 2004	139	4,747	32.45	5.51	$30,665
Jan 2004	167	4,639	32.03	6.30	$34,573
Dec 2003	178	4,743	30.26	6.30	$35,275
Nov 2003	164	5,158	28.80	4.60	$28,425
Oct 2003	188	5,490	28.17	4.76	$31,426
Sep 2003	148	5,335	26.31	4.75	$29,232
Aug 2003	132	5,556	29.76	5.13	$32,429
Jul 2003	164	5,453	29.41	5.17	$33,020
Jun 2003	116	5,000	28.56	5.98	$33,228
May 2003	133	5,101	26.59	5.97	$34,003
Apr 2003	151	5,126	26.67	5.41	$31,745
Mar 2003	115	5,290	31.14	6.10	$35,829
Feb 2003	150	4,922	33.48	7.93	$44,033
Jan 2003	124	5,465	30.31	5.58	$34,264
Dec 2002	115	5,838	26.91	4.85	$31,431
Nov 2002	170	5,869	24.66	4.14	$28,472
Oct 2002	181	5,699	26.46	4.23	$28,891
Sep 2002	207	5,330	27.44	3.64	$25,056
Aug 2002	210	5,661	25.96	3.16	$23,364
Jul 2002	167	5,727	24.58	3.06	$21,640
Jun 2002	102	5,650	23.73	3.34	$21,282
May 2002	30	6,013	24.66	3.58	$22,290
Apr 2002	147	5,423	23.65	3.51	$22,524
Mar 2002	156	5,992	22.00	3.10	$22,024
Feb 2002	100	5,226	18.22	2.38	$14,237
Jan 2002	122	5,885	17.17	2.38	$16,076
Dec 2001	133	5,680	16.93	2.36	$15,681
Nov 2001	186	5,755	18.07	2.41	$17,205
Oct 2001	246	6,057	19.78	2.53	$20,183
Sep 2001	133	5,983	24.26	2.25	$16,696
Aug 2001	118	6,573	24.87	3.05	$23,003
Jul 2001	137	6,499	23.93	3.20	$24,056
Jun 2001	129	6,345	24.56	3.82	$27,433
May 2001	205	7,217	25.52	4.31	$36,318
Apr 2001	170	7,161	24.68	5.34	$42,402
Mar 2001	137	6,898	24.54	5.38	$40,449
Feb 2001	166	5,692	27.75	5.77	$37,433
Jan 2001	220	6,242	27.47	8.40	$58,468
Dec 2000	216	6,346	26.88	9.12	$63,697
Nov 2000	133	6,153	32.21	5.66	$39,098
Oct 2000	131	6,607	31.23	5.15	$38,087
Sep 2000	95	6,595	31.87	5.19	$37,233
Aug 2000	151	6,978	29.64	4.54	$36,161
Jul 2000	172	7,107	28.53	4.09	$33,973
Jun 2000	180	6,834	29.30	4.40	$35,325
May 2000	167	6,941	27.26	3.68	$30,094
Apr 2000	184	6,894	24.51	3.12	$25,992
Mar 2000	177	7,075	28.42	2.86	$25,263
Feb 2000	233	7,080	27.62	2.73	$25,739
Jan 2000	224	7,663	25.27	2.48	$24,669
Dec 1999	230	7,896	24.28	2.42	$24,722
Nov 1999	248	7,841	23.19	2.43	$24,836
Oct 1999	226	8,049	20.98	2.80	$27,309
Sep 1999	190	7,874	21.75	2.62	$24,753
Aug 1999	145	7,955	19.26	2.88	$25,668
Jul 1999	138	7,945	17.89	2.37	$21,317
Jun 1999	234	7,886	15.94	2.36	$22,357
May 1999	124	9,082	15.79	2.32	$23,037
Apr 1999	241	8,955	15.10	2.21	$23,412
Mar 1999	233	9,456	12.47	1.84	$20,289
Feb 1999	233	8,022	9.98	1.82	$16,908
Jan 1999	220	8,740	10.38	1.90	$18,889
Dec 1998	273	8,793	9.20	1.77	$18,104
Nov 1998	259	8,514	10.89	2.19	$21,430
Oct 1998	282	8,829	12.42	1.97	$20,889
Sep 1998	349	8,519	12.59	2.08	$22,136
Aug 1998	367	8,905	11.30	1.91	$21,132
Jul 1998	282	11,028	11.74	2.24	$27,983
Jun 1998	325	11,685	11.24	2.24	$29,796
May 1998	357	11,836	12.62	2.21	$30,620
Apr 1998	361	10,951	13.04	2.51	$32,143
Mar 1998	249	10,918	12.80	2.31	$28,402
Feb 1998	222	10,018	13.95	2.30	$26,130
Jan 1998	292	11,022	14.70	2.15	$28,043
Dec 1997	282	11,375	16.32	2.41	$32,029
Nov 1997	241	10,897	18.19	3.09	$38,037
Oct 1997	243	11,440	19.25	3.15	$40,712
Sep 1997	256	11,532	17.74	2.95	$38,617
Aug 1997	214	11,560	17.86	2.55	$33,355
Jul 1997	246	11,292	17.58	2.25	$29,697
Jun 1997	250	10,681	17.24	2.26	$28,419
May 1997	551	11,809	18.97	2.31	$37,714
Apr 1997	340	11,887	17.88	2.08	$30,837
Mar 1997	313	12,688	18.95	1.94	$30,535
Feb 1997	292	11,306	20.49	2.21	$30,923
Jan 1997	240	12,017	23.48	3.54	$48,172
Dec 1996	261	12,315	23.32	—	$6,087
Nov 1996	273	12,109	21.97	—	$5,998
Oct 1996	347	13,824	23.31	—	$8,089
Sep 1996	322	13,338	22.22	—	$7,155
Aug 1996	359	13,956	20.26	—	$7,273
Jul 1996	288	14,599	19.55	—	$5,630
Jun 1996	410	14,665	18.73	—	$7,679
May 1996	576	11,314	19.43	—	$11,192
Apr 1996	420	7,588	21.51	—	$9,034
Mar 1996	280	7,273	19.38	—	$5,426
Feb 1996	287	8,223	16.98	—	$4,873
Jan 1996	313	10,221	17.07	—	$5,343
Dec 1995	336	12,521	17.19	—	$5,776
Nov 1995	263	13,031	16.00	—	$4,208
Oct 1995	431	13,736	15.43	—	$6,650
Sep 1995	430	14,586	16.18	—	$6,957
Aug 1995	397	12,432	15.92	—	$6,320
Jul 1995	352	12,946	15.24	—	$5,364
Jun 1995	322	12,108	16.41	—	$5,284
May 1995	408	12,050	17.56	—	$7,164
Apr 1995	532	11,691	17.73	—	$9,432
Mar 1995	593	11,489	16.44	—	$9,749
Feb 1995	466	9,133	16.58	—	$7,726
Jan 1995	748	13,104	15.92	—	$11,908
Dec 1994	446	13,679	15.03	—	$6,703
Nov 1994	451	11,843	15.90	—	$7,171
Oct 1994	401	9,475	15.58	—	$6,248
Sep 1994	257	15,486	15.29	—	$3,930
Aug 1994	184	7,827	16.13	—	$2,968
Jul 1994	202	7,251	17.56	—	$3,547
Jun 1994	315	9,333	17.09	—	$5,383
May 1994	541	11,086	15.88	—	$8,591
Apr 1994	650	14,186	14.14	—	$9,191
Mar 1994	702	16,066	12.46	—	$8,747
Feb 1994	379	13,892	12.50	—	$4,738
Jan 1994	790	17,204	12.66	—	$10,001
Dec 1993	770	20,643	12.33	—	$9,494
Nov 1993	610	18,646	14.49	—	$8,839
Oct 1993	764	21,644	15.85	—	$12,109
Sep 1993	721	19,308	15.03	—	$10,837
Aug 1993	859	20,434	15.66	—	$13,452
Jul 1993	956	22,396	15.46	—	$14,780
Jun 1993	1,146	19,698	16.79	—	$19,241
May 1993	999	20,975	17.68	—	$17,662
Apr 1993	1,132	21,649	18.05	—	$20,433
Mar 1993	1,410	21,682	18.14	—	$25,577
Feb 1993	1,212	19,884	17.90	—	$21,695
Jan 1993	1,689	17,171	16.93	—	$28,595

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.

Aug 2006 — as filed, then multipliedworked

Oil                    0 bbl  × $ 68.71 =         $0
Casinghead gas     4,120 Mcf  × $  7.34 =    $30,240

────────────────────────────────────────────────────
Month total                                  $30,240

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/30377 is the state's own key, not one this site invented.