STERLING 'AA' FEE

Name: STERLING 'AA' FEE lease production and value, Jun 1995 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 34593District 08Field 20101500OilCasinghead gasSave Export

Value, all time

$1.5 M

Jun 1995 – Mar 2009

Value, last 12 filed months

$14 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..”

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	12,743 bbl	$301,440
Casinghead gas	Production	318,416 Mcf	$1,178,256
Total			$1,479,696

49,434 Mcf of this lease's gas, across 19 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 (3)

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 31.6298, -101.2606. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.8 miles.

31.62965, -101.26123 · 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%

3 of 3 wells

With a plug date

33.3%

1 of 3 wells

Median depth

8,450 ft

3 wells filed one

Completion to plug

4.8 years

median over 1 well

What the state filed about each well

On the RRC proration schedule

3100.0%

A plug date is filed

133.3%

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

133.3%

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 8,450 and 8,500 ft, median 8,450 ft, over the 3 wells that filed a depth.

Completions filed

Jun 1995 – Jul 2010

3 of 3 wells

Plug dates filed

Apr 2015

1 of 3 wells; 2 filed none

Last completion to plug: a median of 4.8 years across the 1 well that filed both dates, with the middle half between 4.8 years and 4.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

3 wells


42-43133002	6	8,450 ft	Jul 2010	Apr 2015	Yes
42-43132822	5	8,500 ft	Jul 2008	—	Yes
42-43132792	2	8,450 ft	Jun 1995	—	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


Mar 2009	0	0	42.14	4.06	$0
Feb 2009	0	0	32.81	4.63	$0
Jan 2009	0	163	35.86	5.37	$875
Dec 2008	0	167	37.10	5.98	$998
Nov 2008	0	171	55.49	6.86	$1,173
Oct 2008	0	189	75.24	6.92	$1,308
Sep 2008	0	137	101.76	7.88	$1,079
Aug 2008	0	139	114.22	8.48	$1,179
Jul 2008	0	152	131.08	11.39	$1,731
Jun 2008	0	144	131.33	13.03	$1,877
May 2008	0	147	123.17	11.57	$1,701
Apr 2008	0	152	110.31	10.45	$1,589
Mar 2008	0	163	101.90	9.66	$1,575
Feb 2008	0	135	92.53	8.77	$1,184
Jan 2008	0	184	90.38	8.21	$1,510
Dec 2007	0	231	88.33	7.30	$1,687
Nov 2007	0	172	91.67	7.29	$1,254
Oct 2007	0	192	82.85	6.92	$1,329
Sep 2007	0	188	75.84	6.24	$1,174
Aug 2007	0	209	69.06	6.39	$1,335
Jul 2007	0	325	70.90	6.39	$2,076
Jun 2007	0	261	62.00	7.55	$1,970
May 2007	0	115	58.74	7.85	$902
Apr 2007	0	116	59.61	7.81	$905
Mar 2007	1	155	56.92	7.30	$1,189
Feb 2007	4	172	55.10	8.22	$1,634
Jan 2007	11	1,694	50.30	6.73	$11,949
Dec 2006	17	1,448	56.65	6.92	$10,981
Nov 2006	13	1,551	54.20	7.62	$12,519
Oct 2006	5	1,325	54.90	6.01	$8,243
Sep 2006	4	1,294	60.08	5.04	$6,758
Aug 2006	12	1,313	68.71	7.34	$10,462
Jul 2006	14	1,626	69.37	6.34	$11,285
Jun 2006	13	1,430	66.28	6.38	$9,991
May 2006	21	1,996	66.01	6.42	$14,211
Apr 2006	32	2,113	64.39	7.36	$17,613
Mar 2006	24	2,230	56.70	7.08	$17,156
Feb 2006	26	1,703	57.59	7.75	$14,698
Jan 2006	21	1,610	60.59	8.93	$15,655
Dec 2005	30	1,707	54.94	13.42	$24,548
Nov 2005	24	1,604	54.69	10.59	$18,296
Oct 2005	43	1,735	58.34	13.80	$26,444
Sep 2005	48	1,707	61.45	12.08	$23,568
Aug 2005	43	1,766	61.51	9.80	$19,946
Jul 2005	52	1,748	55.69	7.84	$16,607
Jun 2005	46	1,735	52.33	7.38	$15,213
May 2005	62	1,820	45.22	6.65	$14,909
Apr 2005	56	1,768	49.20	7.36	$15,769
Mar 2005	53	3,730	50.37	7.15	$29,357
Feb 2005	58	1,787	45.22	6.31	$13,902
Jan 2005	66	2,015	43.16	6.32	$15,588
Dec 2004	54	2,021	39.86	6.75	$15,796
Nov 2004	99	1,915	45.28	6.33	$16,605
Oct 2004	77	1,862	49.70	6.52	$15,958
Sep 2004	89	1,802	43.24	5.28	$13,370
Aug 2004	74	1,926	42.37	5.55	$13,826
Jul 2004	78	1,857	38.28	6.08	$14,284
Jun 2004	63	1,751	36.10	6.43	$13,539
May 2004	60	1,850	37.48	6.49	$14,264
Apr 2004	51	1,954	34.47	5.86	$13,205
Mar 2004	52	2,030	34.36	5.53	$13,013
Feb 2004	46	1,921	32.45	5.51	$12,077
Jan 2004	62	2,188	32.03	6.30	$15,769
Dec 2003	54	2,285	30.26	6.30	$16,033
Nov 2003	62	2,223	28.80	4.60	$12,001
Oct 2003	65	2,335	28.17	4.76	$12,945
Sep 2003	62	2,335	26.31	4.75	$12,721
Aug 2003	59	1,991	29.76	5.13	$11,969
Jul 2003	72	1,742	29.41	5.17	$11,125
Jun 2003	57	1,874	28.56	5.98	$12,840
May 2003	55	2,078	26.59	5.97	$13,874
Apr 2003	47	2,073	26.67	5.41	$12,463
Mar 2003	41	1,993	31.14	6.10	$13,426
Feb 2003	39	1,787	33.48	7.93	$15,469
Jan 2003	32	1,811	30.31	5.58	$11,079
Dec 2002	24	1,561	26.91	4.85	$8,223
Nov 2002	32	1,800	24.66	4.14	$8,236
Oct 2002	35	1,876	26.46	4.23	$8,860
Sep 2002	37	1,723	27.44	3.64	$7,279
Aug 2002	53	1,587	25.96	3.16	$6,397
Jul 2002	45	1,582	24.58	3.06	$5,950
Jun 2002	40	1,534	23.73	3.34	$6,070
May 2002	22	1,418	24.66	3.58	$5,625
Apr 2002	20	1,401	23.65	3.51	$5,394
Mar 2002	43	1,501	22.00	3.10	$5,603
Feb 2002	35	1,510	18.22	2.38	$4,225
Jan 2002	46	1,677	17.17	2.38	$4,774
Dec 2001	48	1,598	16.93	2.36	$4,591
Nov 2001	46	1,712	18.07	2.41	$4,949
Oct 2001	67	1,777	19.78	2.53	$5,819
Sep 2001	70	1,796	24.26	2.25	$5,742
Aug 2001	69	2,005	24.87	3.05	$7,838
Jul 2001	76	2,085	23.93	3.20	$8,485
Jun 2001	61	1,952	24.56	3.82	$8,963
May 2001	57	1,845	25.52	4.31	$9,402
Apr 2001	37	1,724	24.68	5.34	$10,111
Mar 2001	60	1,820	24.54	5.38	$11,258
Feb 2001	124	1,754	27.75	5.77	$13,556
Jan 2001	38	1,917	27.47	8.40	$17,144
Dec 2000	42	1,860	26.88	9.12	$18,097
Nov 2000	51	1,711	32.21	5.66	$11,324
Oct 2000	54	1,811	31.23	5.15	$11,005
Sep 2000	41	1,887	31.87	5.19	$11,094
Aug 2000	68	2,029	29.64	4.54	$11,229
Jul 2000	65	2,000	28.53	4.09	$10,034
Jun 2000	65	1,832	29.30	4.40	$9,960
May 2000	75	1,945	27.26	3.68	$9,202
Apr 2000	68	1,814	24.51	3.12	$7,319
Mar 2000	63	1,859	28.42	2.86	$7,107
Feb 2000	57	1,997	27.62	2.73	$7,019
Jan 2000	50	2,142	25.27	2.48	$6,577
Dec 1999	44	2,204	24.28	2.42	$6,410
Nov 1999	68	4,009	23.19	2.43	$11,335
Oct 1999	78	4,124	20.98	2.80	$13,199
Sep 1999	73	4,111	21.75	2.62	$12,354
Aug 1999	57	2,277	19.26	2.88	$7,646
Jul 1999	45	2,407	17.89	2.37	$6,515
Jun 1999	46	2,296	15.94	2.36	$6,157
May 1999	63	2,465	15.79	2.32	$6,716
Apr 1999	64	2,437	15.10	2.21	$6,347
Mar 1999	61	2,534	12.47	1.84	$5,419
Feb 1999	51	2,536	9.98	1.82	$5,119
Jan 1999	53	2,824	10.38	1.90	$5,916
Dec 1998	87	2,802	9.20	1.77	$5,769
Nov 1998	89	1,997	10.89	2.19	$5,334
Oct 1998	104	2,413	12.42	1.97	$6,043
Sep 1998	98	2,332	12.59	2.08	$6,090
Aug 1998	148	2,852	11.30	1.91	$7,112
Jul 1998	112	2,634	11.74	2.24	$7,208
Jun 1998	120	2,581	11.24	2.24	$7,123
May 1998	108	3,165	12.62	2.21	$8,346
Apr 1998	107	3,091	13.04	2.51	$9,139
Mar 1998	63	3,009	12.80	2.31	$7,756
Feb 1998	64	2,469	13.95	2.30	$6,569
Jan 1998	103	2,981	14.70	2.15	$7,938
Dec 1997	99	2,849	16.32	2.41	$8,485
Nov 1997	163	3,762	18.19	3.09	$14,583
Oct 1997	175	3,916	19.25	3.15	$15,703
Sep 1997	194	3,960	17.74	2.95	$15,143
Aug 1997	146	3,464	17.86	2.55	$11,457
Jul 1997	177	3,248	17.58	2.25	$10,410
Jun 1997	204	3,132	17.24	2.26	$10,587
May 1997	239	3,486	18.97	2.31	$12,581
Apr 1997	245	3,611	17.88	2.08	$11,902
Mar 1997	223	4,045	18.95	1.94	$12,070
Feb 1997	238	3,131	20.49	2.21	$11,783
Jan 1997	202	3,548	23.48	3.54	$17,302
Dec 1996	232	3,680	23.32	—	$5,410
Nov 1996	285	4,036	21.97	—	$6,261
Oct 1996	413	3,777	23.31	—	$9,627
Sep 1996	433	3,900	22.22	—	$9,621
Aug 1996	571	5,465	20.26	—	$11,568
Jul 1996	514	5,844	19.55	—	$10,049
Jun 1996	650	6,364	18.73	—	$12,175
May 1996	1,007	6,247	19.43	—	$19,566
Apr 1996	14	1,969	21.51	—	$301
Mar 1996	14	901	19.38	—	$271
Feb 1996	16	828	16.98	—	$272
Jan 1996	18	954	17.07	—	$307
Dec 1995	20	991	17.19	—	$344
Nov 1995	17	830	16.00	—	$272
Oct 1995	30	756	15.43	—	$463
Sep 1995	48	548	16.18	—	$777
Aug 1995	76	456	15.92	—	$1,210
Jul 1995	41	1,269	15.24	—	$625
Jun 1995	0	619	16.41	—	$0

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 2009 — as filed, then multipliedworked

Oil                    0 bbl  × $ 35.86 =         $0
Casinghead gas       163 Mcf  × $  5.37 =       $875

────────────────────────────────────────────────────
Month total                                     $875

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/34593 is the state's own key, not one this site invented.