STERLING -S- 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 38401District 08Field 20101750OilCasinghead gasSave
Value, all time
$15.8 M
Jul 2007 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
227
no gaps in the span
Streams
2
oil, casinghead gas

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
OilDisposition195,295 bbl$14,204,238
Casinghead gasProduction405,273 Mcf$1,569,689
Total$15,773,927

Wells on this lease (7)

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 31.6718, -101.2157. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.8 miles.

31.67224, -101.21444 · 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%
7 of 7 wells
With a plug date
0.0%
0 of 7 wells
Median depth
8,120 ft
7 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
7100.0%
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 8,050 and 8,265 ft, median 8,120 ft, over the 7 wells that filed a depth.

Completions filed
May 2007 – Feb 2012
7 of 7 wells

7 wells

42-4313098318,265 ftFeb 2012Yes
42-4313155548,120 ftSep 2009Yes
42-4313320688,147 ftMar 2009Yes
42-4313155038,095 ftFeb 2009Yes
42-4313249168,155 ftMay 2008Yes
42-4313248078,090 ftMay 2007Yes
42-4313183958,050 ftMay 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 (227)

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

227 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 20224461,18781.844.54$41,887
Dec 20214361,22871.323.90$35,884
Nov 20213751,32577.435.24$35,975
Oct 20212401,22279.795.71$26,132
Sep 20213821,08569.865.35$32,492
Aug 20214321,22366.024.22$33,682
Jul 20215601,43970.783.98$45,367
Jun 20215951,47169.493.38$46,319
May 20216101,52063.483.02$43,310
Apr 20214981,25960.362.76$33,532
Mar 20215901,29261.302.72$39,677
Feb 20214191,14857.805.55$30,587
Jan 20218571,73550.412.81$48,077
Dec 20206681,89144.642.68$34,879
Nov 20206291,43138.772.71$28,259
Oct 20207491,77136.972.48$32,080
Sep 20206821,66637.091.99$28,612
Aug 20207241,86539.982.39$33,394
Jul 20207871,87138.371.83$33,612
Jun 20207101,93134.901.69$28,043
May 20206161,91616.921.81$13,900
Apr 20206821,72114.751.80$13,165
Mar 20206171,68330.341.86$21,844
Feb 20206571,73949.881.98$36,216
Jan 20207491,81157.252.09$46,674
Dec 20197351,79159.012.30$47,499
Nov 20198681,77355.302.75$52,877
Oct 20197231,84353.472.42$43,116
Sep 20196801,95255.052.66$42,621
Aug 20196982,07353.112.30$41,848
Jul 20191,0192,02656.272.46$62,323
Jun 20191,0381,98652.782.49$59,733
May 20191,3682,05458.482.74$85,629
Apr 20191,0261,27662.632.75$67,768
Mar 2019080056.803.06$2,450
Feb 2019391,00350.852.79$4,784
Jan 20195511,83046.033.23$31,270
Dec 20189752,38646.594.19$55,412
Nov 20189351,98052.934.24$57,879
Oct 20189772,57261.443.40$68,767
Sep 20181,0402,44259.543.11$69,511
Aug 20189492,12659.403.07$62,890
Jul 20188482,26865.142.93$61,888
Jun 20187232,15160.183.08$50,129
May 20189592,23265.382.90$69,174
Apr 20189882,12363.842.90$69,232
Mar 20189692,07661.222.79$65,108
Feb 20188241,86761.782.77$56,071
Jan 20189682,06062.874.01$69,117
Dec 20178391,94257.272.92$53,723
Nov 20179722,05855.423.12$60,286
Oct 20171,0022,26149.292.98$56,135
Sep 20177692,04647.523.09$42,859
Aug 20179992,21445.373.00$51,976
Jul 20179612,29043.873.09$49,229
Jun 20179822,19142.493.09$48,489
May 20179462,35045.373.26$50,589
Apr 20179752,22547.933.21$53,878
Mar 20179912,23746.772.98$53,024
Feb 20179272,17150.452.95$53,177
Jan 20178822,18449.413.42$51,046
Dec 20169942,24448.763.72$56,821
Nov 20161,0922,17642.492.64$52,153
Oct 20161,0052,35946.193.09$53,711
Sep 20161,0252,21441.553.10$49,454
Aug 20161,3502,24841.442.92$62,518
Jul 20161,4932,12341.622.92$68,347
Jun 20168811,84745.352.69$44,914
May 20167542,02242.521.99$36,086
Apr 20167911,80536.561.99$32,513
Mar 20161,0191,79633.011.79$36,859
Feb 20168362,02626.472.06$26,310
Jan 2016419227.352.36$1,339
Dec 20151,0041,36032.362.00$35,211
Nov 20158122,17638.792.17$36,214
Oct 201515636043.552.43$7,667
Sep 20157722,39942.992.76$39,806
Aug 20157772,57340.162.87$38,595
Jul 2015415548.152.95$649
Jun 20154361,47056.152.88$28,719
May 20157582,24855.212.96$48,493
Apr 20158402,78349.822.71$49,381
Mar 20158132,48642.892.93$42,165
Feb 20159292,25744.662.98$48,206
Jan 20151,1522,65643.433.10$58,267
Dec 20141,2742,80154.693.59$79,734
Nov 20149542,64470.464.25$78,461
Oct 20149222,84278.303.90$83,279
Sep 20148912,71986.164.05$87,768
Aug 20141,2912,94889.394.04$127,298
Jul 20141,2123,15696.564.18$130,222
Jun 20141,2083,04198.164.74$132,982
May 20141,2053,29194.734.73$129,705
Apr 20141,2363,30495.944.81$134,471
Mar 20141,1153,41195.895.06$124,166
Feb 20148623,16197.406.19$103,532
Jan 20149743,30690.404.86$104,119
Dec 20131,1423,44391.824.35$119,851
Nov 20131,3703,47988.853.74$134,730
Oct 20131,4293,96397.423.78$154,191
Sep 20131,2373,433104.113.72$141,547
Aug 20131,3723,455104.253.52$155,202
Jul 20131,5193,474102.523.72$168,643
Jun 20131,6773,38194.403.93$171,608
May 20131,6733,60594.834.15$173,608
Apr 20131,1092,75793.964.28$116,009
Mar 20131,6103,75193.623.91$165,405
Feb 20131,1663,28591.233.42$117,609
Jan 20131,8983,89091.603.42$187,160
Dec 20121,0773,29586.773.42$104,721
Nov 20121,3023,33386.953.62$125,291
Oct 20121,1213,83489.383.40$113,229
Sep 20121,2603,67694.672.92$130,012
Aug 20121,3863,71292.662.91$139,222
Jul 20121,4503,90985.133.02$135,247
Jun 20121,0683,98079.822.52$95,274
May 20121,4184,56991.612.49$141,272
Apr 20122,4164,849101.652.00$255,269
Mar 20122,4933,189105.052.22$268,976
Feb 20122,3362,762101.102.57$243,269
Jan 20121,8532,70598.092.73$189,156
Dec 20118041,65696.873.24$83,248
Nov 20111,2742,54995.723.31$130,388
Oct 20111,7172,57184.983.65$155,291
Sep 20112,2882,91083.623.99$202,921
Aug 20111,9252,92483.404.15$172,678
Jul 20111,2872,30794.144.52$131,579
Jun 20111,3442,15792.904.64$134,866
May 20119552,53498.134.40$104,876
Apr 20115202,018105.964.33$63,844
Mar 20119192,08996.364.06$97,031
Feb 201180165085.644.18$71,315
Jan 20111,6091,59086.504.59$146,475
Dec 20107421,13585.734.35$68,546
Nov 20108041,47480.843.80$70,590
Oct 20101,2561,32778.103.51$102,750
Sep 201022360872.633.98$18,616
Aug 20108301,64373.684.42$68,415
Jul 20109791,31572.554.74$77,255
Jun 20105951,94470.364.91$51,410
May 20101,8233,02871.124.24$142,476
Apr 20101,2232,70281.694.12$111,046
Mar 20101,0983,54078.394.39$101,608
Feb 20101,5112,71273.585.44$125,939
Jan 20102,5993,87074.365.96$216,343
Dec 20092,4094,10971.445.48$194,632
Nov 20092,3553,52374.593.75$188,876
Oct 20091,1982,12972.544.11$95,654
Sep 20092,0193,23065.543.06$142,224
Aug 20092,3693,18567.423.22$169,969
Jul 20092,4062,76761.133.46$156,665
Jun 20091,6203,34966.163.90$120,224
May 20091,3713,86454.743.93$90,218
Apr 20092,0175,08046.773.59$112,560
Mar 20091,7183,44842.144.06$86,392
Feb 20091,0961,36532.814.63$42,284
Jan 20091,7431,55735.865.37$70,867
Dec 20081,6501,80837.105.98$72,022
Nov 20081,4062,01455.496.86$91,836
Oct 20081,5992,88875.246.92$140,299
Sep 20082,4063,885101.767.88$275,437
Aug 20085,3633,602114.228.48$643,118
Jul 20081,1951,369131.0811.39$172,233
Jun 20089081,107131.3313.03$133,675
May 2008522718123.1711.57$72,605
Apr 20085311,246110.3110.45$71,601
Mar 20087091,179101.909.66$83,641
Feb 20085751,14792.538.77$63,265
Jan 20081,1821,67390.388.21$120,557
Dec 20071,1541,23388.337.30$110,936
Nov 20071,7072,60991.677.29$175,505
Oct 20071,4582,89082.856.92$140,800
Sep 20072,1933,41175.846.24$187,616
Aug 20072,9043,64469.066.39$223,828
Jul 20071,27147470.906.39$93,142

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                  446 bbl  × $ 81.84 =    $36,501
Casinghead gas     1,187 Mcf  × $  4.54 =     $5,386

────────────────────────────────────────────────────
Month total                                  $41,887

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/38401 is the state's own key, not one this site invented.