STERLING "P" FEE

Operated by BURK ROYALTY CO., LTD. (P-5 108799) in the CONGER, SW (WOLFCAMP) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 38352District 08Field 20101750OilCasinghead gasSaveExport
Value, all time
$4.0 M
Apr 2007 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
230
no gaps in the span
Streams
2
oil, casinghead gas

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 54 leases and 187 wells, and the rule below applies to all of them.

Discovered
1993-07-16
as the register files it
Field class
Oil and gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

The Commission's schedule remark for this field reads: PURSUANT TO DOCKET NO. OG-19-00001664 CONSOLIDATED INTO THE

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.

StreamBasisVolumeValue
OilDisposition47,081 bbl$3,627,271
Casinghead gasProduction74,695 Mcf$340,828
Total$3,968,099

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 31.6597, -101.1983. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.8 miles.

31.65971, -101.19765 · centre of the wells drawn, derived

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
0.0%
0 of 6 wells
Median depth
7,995 ft
6 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
6100.0%
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

Between 7,950 and 8,450 ft, median 7,995 ft, over the 6 wells that filed a depth.

Completions filed
Apr 2007 – Jul 2018
6 of 6 wells

6 wells

42-4313193038,000 ftJul 2018Yes
42-4313248278,450 ftOct 2009Yes
42-4313200257,950 ftAug 2009Yes
42-4313248367,965 ftMar 2008Yes
42-4313192947,990 ftMay 2007Yes
42-4313155418,050 ftApr 2007Yes

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 (230)

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

230 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20227872081.844.54$9,651
Dec 20218424071.323.90$6,927
Nov 20219557677.435.24$10,372
Oct 2021911,05779.795.71$13,300
Sep 20217715569.865.35$6,209
Aug 20211377266.024.22$9,349
Jul 2021258770.783.98$2,116
Jun 2021224269.493.38$1,671
May 2021488063.483.02$3,288
Apr 20213610360.362.76$2,457
Mar 2021446461.302.72$2,871
Feb 2021375157.805.55$2,422
Jan 2021827550.412.81$4,344
Dec 2020478344.642.68$2,320
Nov 2020308738.772.71$1,399
Oct 20202523136.972.48$1,497
Sep 20201816737.091.99$1,000
Aug 2020338239.982.39$1,515
Jul 2020327538.371.83$1,365
Jun 20204511734.901.69$1,768
May 2020238016.921.81$534
Apr 20205732214.751.80$1,422
Mar 20206424230.341.86$2,391
Feb 20205528449.881.98$3,306
Jan 20206532557.252.09$4,402
Dec 20196119459.012.30$4,047
Nov 20197623355.302.75$4,844
Oct 2019496453.472.42$2,775
Sep 20194814155.052.66$3,017
Aug 20196018153.112.30$3,604
Jul 2019526756.272.46$3,091
Jun 20198518052.782.49$4,935
May 201910520358.482.74$6,697
Apr 20198314662.632.75$5,600
Mar 20198120256.803.06$5,219
Feb 20198511950.852.79$4,655
Jan 20199715746.033.23$4,972
Dec 20189615446.594.19$5,117
Nov 201810216752.934.24$6,106
Oct 20189114361.443.40$6,077
Sep 20189915559.543.11$6,376
Aug 201810416859.403.07$6,693
Jul 20188117165.142.93$5,778
Jun 20188418860.183.08$5,634
May 201810621565.382.90$7,554
Apr 201810821663.842.90$7,521
Mar 201810322961.222.79$6,944
Feb 201810820761.782.77$7,245
Jan 201811420562.874.01$7,989
Dec 201710119757.272.92$6,360
Nov 201712021655.423.12$7,324
Oct 201713323149.292.98$7,245
Sep 20175321247.523.09$3,173
Aug 201710520145.373.00$5,368
Jul 201711820143.873.09$5,797
Jun 20177822742.493.09$4,015
May 20177321245.373.26$4,004
Apr 201711524947.933.21$6,312
Mar 201712426446.772.98$6,587
Feb 201711120350.452.95$6,199
Jan 201712040749.413.42$7,321
Dec 201614048248.763.72$8,621
Nov 201614627742.492.64$6,936
Oct 201612335346.193.09$6,772
Sep 201611329041.553.10$5,594
Aug 20169546241.442.92$5,288
Jul 201612272241.622.92$7,189
Jun 201611985345.352.69$7,688
May 20161231,40842.521.99$8,033
Apr 2016074336.561.99$1,479
Mar 20161037533.011.79$1,003
Feb 20165318526.472.06$1,785
Jan 20161027.352.36$27
Dec 2015247032.362.00$917
Nov 20159717438.792.17$4,140
Oct 20156518743.552.43$3,285
Sep 20157616142.992.76$3,711
Aug 2015107640.162.87$620
Jul 20150048.152.95$0
Jun 20154827056.152.88$3,474
May 20158447755.212.96$6,047
Apr 201512155049.822.71$7,517
Mar 201525463142.892.93$12,746
Feb 201512349644.662.98$6,969
Jan 201513853843.433.10$7,661
Dec 20141646954.693.59$9,217
Nov 201417330270.464.25$13,474
Oct 201414623878.303.90$12,360
Sep 201416438386.164.05$15,680
Aug 20147017089.394.04$6,943
Jul 201415334296.564.18$16,203
Jun 201413527398.164.74$14,545
May 201414937594.734.73$15,887
Apr 201417554295.944.81$19,396
Mar 201414637495.895.06$15,891
Feb 201414839997.406.19$16,886
Jan 201416046090.404.86$16,700
Dec 201314850391.824.35$15,780
Nov 201314446088.853.74$14,514
Oct 201317949197.423.78$19,294
Sep 2013185527104.113.72$21,220
Aug 2013167498104.253.52$19,164
Jul 2013197526102.523.72$22,152
Jun 20137750494.403.93$9,251
May 201313954594.834.15$15,443
Apr 201311154193.964.28$12,746
Mar 201317761393.623.91$18,969
Feb 201316548691.233.42$16,715
Jan 201325141691.603.42$24,414
Dec 201222445186.773.42$20,979
Nov 201218127886.953.62$16,746
Oct 201226846789.383.40$25,541
Sep 201223344594.672.92$23,357
Aug 201225355292.662.91$25,048
Jul 201227638085.133.02$24,644
Jun 201219218379.822.52$15,786
May 201225633691.612.49$24,288
Apr 2012254250101.652.00$26,318
Mar 2012234302105.052.22$25,253
Feb 2012209325101.102.57$21,965
Jan 201236723998.092.73$36,652
Dec 201114717296.873.24$14,797
Nov 201126334395.723.31$26,310
Oct 201129022284.983.65$25,454
Sep 201134529883.623.99$30,037
Aug 201183825983.404.15$70,964
Jul 201160523994.144.52$58,034
Jun 201136361592.904.64$36,576
May 201133761698.134.40$35,783
Apr 2011192387105.964.33$22,021
Mar 201158444196.364.06$58,064
Feb 201120727585.644.18$18,877
Jan 201130162986.504.59$28,923
Dec 201033192485.734.35$32,394
Nov 201038179580.843.80$33,817
Oct 201054074878.103.51$44,799
Sep 201019352172.633.98$16,091
Aug 201044467373.684.42$35,688
Jul 201079793372.554.74$62,242
Jun 201067875770.364.91$51,421
May 20101,1231,64971.124.24$86,852
Apr 201067472481.694.12$58,044
Mar 20106291,38678.394.39$55,390
Feb 201047368273.585.44$38,515
Jan 201055476974.365.96$45,782
Dec 20098041,46771.445.48$65,482
Nov 200970085374.593.75$55,413
Oct 200935579172.544.11$29,003
Sep 20091,0801,85765.543.06$76,474
Aug 20092,5182,36867.423.22$177,385
Jul 20091,96585661.133.46$123,086
Jun 200939718366.163.90$26,978
May 200946420454.743.93$26,200
Apr 200954322946.773.59$26,218
Mar 200955813842.144.06$24,074
Feb 200941815532.814.63$14,433
Jan 200956535535.865.37$22,168
Dec 200833437437.105.98$14,627
Nov 200838942655.496.86$24,508
Oct 200832063075.246.92$28,438
Sep 2008425509101.767.88$47,257
Aug 2008415501114.228.48$51,651
Jul 2008242834131.0811.39$41,220
Jun 2008775942131.3313.03$114,057
May 20081,8411,759123.1711.57$247,115
Apr 2008913535110.3110.45$106,306
Mar 2008447731101.909.66$52,614
Feb 20088924792.538.77$10,402
Jan 200825742390.388.21$26,699
Dec 200740234088.337.30$37,991
Nov 200777558891.677.29$75,332
Oct 200738892482.856.92$38,542
Sep 20071,4671,38375.846.24$119,893
Aug 20072,4482,49969.066.39$185,022
Jul 20076417070.906.39$5,624
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$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 2022 — as filed, then multipliedworked
Oil                   78 bbl  × $ 81.84 =     $6,384
Casinghead gas       720 Mcf  × $  4.54 =     $3,267

────────────────────────────────────────────────────
Month total                                   $9,651

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/38352 is the state's own key, not one this site invented.