STERLING 'AA' 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 38571District 08Field 20101750OilCasinghead gasSaveExport
Value, all time
$7.6 M
Jun 2007 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
228
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
OilDisposition71,864 bbl$5,010,005
Casinghead gasProduction712,797 Mcf$2,557,245
Total$7,567,250

Wells on this lease (4)

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 31.6330, -101.2621. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.5 miles.

31.63266, -101.26291 · 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%
4 of 4 wells
With a plug date
25.0%
1 of 4 wells
Median depth
8,550 ft
4 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
4100.0%
A plug date is filed
125.0%
BothOn the schedule and plugged. Neither fact cancels the other.
125.0%
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 8,450 and 9,613 ft, median 8,550 ft, over the 4 wells that filed a depth.

Completions filed
Nov 2007 – Jun 2012
4 of 4 wells
Plug dates filed
Apr 2015
1 of 4 wells; 3 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.

4 wells

42-4313331979,613 ftJun 2012Yes
42-4313300268,450 ftJul 2010Apr 2015Yes
42-4313282258,500 ftJul 2008Yes
42-4313277018,600 ftNov 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 (228)

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

228 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 202225081281.844.54$24,145
Dec 20212521,53871.323.90$23,969
Nov 20211671,97377.435.24$23,263
Oct 20211902,32779.795.71$28,456
Sep 20211151,78369.865.35$17,575
Aug 20211962,17966.024.22$22,137
Jul 20211982,65570.783.98$24,587
Jun 20211552,39869.493.38$18,878
May 20212432,40663.483.02$22,686
Apr 20212112,20660.362.76$18,821
Mar 20212852,34961.302.72$23,853
Feb 20211041,07357.805.55$11,964
Jan 20212202,07550.412.81$16,922
Dec 20202112,50044.642.68$16,108
Nov 20201773,91038.772.71$17,445
Oct 20202434,31536.972.48$19,678
Sep 20201583,98537.091.99$13,795
Aug 20202873,91039.982.39$20,800
Jul 20202394,18438.371.83$16,807
Jun 20202655,01934.901.69$17,732
May 20201165,36916.921.81$11,706
Apr 20202104,93414.751.80$12,000
Mar 20202685,04230.341.86$17,490
Feb 20202594,36449.881.98$21,563
Jan 20203074,89257.252.09$27,823
Dec 20192814,42959.012.30$26,788
Nov 20192664,18955.302.75$26,232
Oct 20193044,20353.472.42$26,420
Sep 20192443,84455.052.66$23,647
Aug 20193274,08453.112.30$26,778
Jul 20192944,42456.272.46$27,427
Jun 20193244,22352.782.49$27,621
May 20193774,41658.482.74$34,148
Apr 20193564,50062.632.75$34,674
Mar 20193245,98856.803.06$36,739
Feb 20193955,02350.852.79$34,111
Jan 20193614,86946.033.23$32,335
Dec 20183894,47946.594.19$36,870
Nov 20183453,94152.934.24$34,960
Oct 20183434,77861.443.40$37,310
Sep 20183364,61359.543.11$34,343
Aug 20183544,74059.403.07$35,563
Jul 20183104,93165.142.93$34,651
Jun 20183284,69460.183.08$34,182
May 20183654,92665.382.90$38,153
Apr 20183974,84463.842.90$39,396
Mar 20183715,05261.222.79$36,792
Feb 20183584,63661.782.77$34,941
Jan 20184035,07162.874.01$45,668
Dec 20173615,13257.272.92$35,668
Nov 20173625,12355.423.12$36,037
Oct 20173405,59849.292.98$33,461
Sep 20172384,84947.523.09$26,280
Aug 20173614,98545.373.00$31,356
Jul 20173765,28843.873.09$32,821
Jun 20173704,50742.493.09$29,636
May 20173464,79245.373.26$31,336
Apr 20174194,97647.933.21$36,064
Mar 20174585,04346.772.98$36,467
Feb 20174134,59650.452.95$34,406
Jan 20174495,00049.413.42$39,279
Dec 20164605,19548.763.72$41,770
Nov 20164985,13742.492.64$34,744
Oct 20164225,24846.193.09$35,710
Sep 20164375,13441.553.10$34,076
Aug 20164615,54441.442.92$35,316
Jul 20166115,88041.622.92$42,625
Jun 20167425,80945.352.69$49,252
May 20168145,93442.521.99$46,426
Apr 20164425,65636.561.99$27,421
Mar 20168018,10933.011.79$40,989
Feb 20162094,03026.472.06$13,849
Jan 20161816427.352.36$880
Dec 20154894,10132.362.00$24,032
Nov 2015894,70738.792.17$13,654
Oct 20152175,43743.552.43$22,644
Sep 20154313,33742.992.76$27,734
Aug 2015944,73440.162.87$17,373
Jul 20150048.152.95$0
Jun 20151282,89256.152.88$15,524
May 20154905,05455.212.96$41,990
Apr 20151,0645,36049.822.71$67,516
Mar 20156255,62042.892.93$43,299
Feb 20153704,88044.662.98$31,048
Jan 20155525,74643.433.10$41,790
Dec 20146605,63254.693.59$56,322
Nov 20145885,73770.464.25$65,823
Oct 20146095,75778.303.90$70,143
Sep 20145225,61086.164.05$67,670
Aug 20142235,62589.394.04$42,632
Jul 20142095,63096.564.18$43,712
Jun 20142485,43398.164.74$50,079
May 20142505,86594.734.73$51,404
Apr 20142555,87695.944.81$52,723
Mar 20142645,59895.895.06$53,623
Feb 20142886,05197.406.19$65,519
Jan 20143366,51090.404.86$62,018
Dec 20132606,40491.824.35$51,759
Nov 20132536,52488.853.74$46,868
Oct 20133096,64697.423.78$55,220
Sep 20133466,424104.113.72$59,905
Aug 20133746,258104.253.52$61,034
Jul 20133916,811102.523.72$65,407
Jun 20133676,84994.403.93$61,585
May 20135077,84494.834.15$80,624
Apr 20134526,65293.964.28$70,958
Mar 20134827,56893.623.91$74,737
Feb 20133957,01591.233.42$60,027
Jan 20135307,93391.603.42$75,678
Dec 20125528,67486.773.42$77,564
Nov 20126608,08686.953.62$86,698
Oct 20127209,29389.383.40$95,947
Sep 20127919,45194.672.92$102,466
Aug 20121,03410,79692.662.91$127,207
Jul 20121,1479,07985.133.02$125,070
Jun 20122222,72679.822.52$24,587
May 20122583,30591.612.49$31,859
Apr 20122412,765101.652.00$30,019
Mar 20122283,211105.052.22$31,087
Feb 20122283,170101.102.57$31,198
Jan 20122832,76398.092.73$35,314
Dec 20112142,46096.873.24$28,700
Nov 20112272,30295.723.31$29,351
Oct 20113311,76184.983.65$34,553
Sep 20114792,84083.623.99$51,374
Aug 20113411,10883.404.15$33,037
Jul 20114561,33094.144.52$48,936
Jun 20115822,19992.904.64$64,271
May 20116082,47998.134.40$70,583
Apr 20114511,848105.964.33$55,796
Mar 20117062,86696.364.06$79,659
Feb 20117282,36785.644.18$72,240
Jan 20116252,44886.504.59$65,296
Dec 20107332,72685.734.35$74,692
Nov 20106462,59480.843.80$62,068
Oct 20108913,28878.103.51$81,124
Sep 20103053,68172.633.98$36,801
Aug 20104733,55473.684.42$50,557
Jul 20103152,20072.554.74$33,274
Jun 20103792,53070.364.91$39,090
May 20103822,84371.124.24$39,209
Apr 20103481,97781.694.12$36,579
Mar 20104982,65378.394.39$50,681
Feb 20104401,98773.585.44$43,189
Jan 20105892,62274.365.96$59,436
Dec 20096442,74671.445.48$61,066
Nov 20098323,09874.593.75$73,681
Oct 20094232,22072.544.11$39,809
Sep 20099653,18665.543.06$73,010
Aug 20091,6773,67967.423.22$124,904
Jul 20093052,21261.133.46$26,308
Jun 20093752,08266.163.90$32,919
May 20094712,20454.743.93$34,435
Apr 20094782,15246.773.59$30,076
Mar 20095072,32642.144.06$30,806
Feb 20094171,95532.814.63$22,739
Jan 20095392,46835.865.37$32,584
Dec 20085612,50237.105.98$35,768
Nov 20084392,33755.496.86$40,393
Oct 20085892,49675.246.92$61,594
Sep 20087212,345101.767.88$91,841
Aug 20081,5912,526114.228.48$203,152
Jul 20082312,031131.0811.39$53,411
Jun 20082492,032131.3313.03$59,183
May 20083112,368123.1711.57$65,714
Apr 20082982,691110.3110.45$61,006
Mar 20081801,979101.909.66$37,467
Feb 20081542,16092.538.77$33,194
Jan 20082363,16090.388.21$47,260
Dec 20071982,60388.337.30$36,496
Nov 200712019491.677.29$12,415
Oct 200722858082.856.92$22,905
Sep 200736376075.846.24$32,275
Aug 200754484869.066.39$42,986
Jul 20071,2521,39070.906.39$97,646
Jun 200730254162.007.55$22,808

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                  250 bbl  × $ 81.84 =    $20,460
Casinghead gas       812 Mcf  × $  4.54 =     $3,685

────────────────────────────────────────────────────
Month total                                  $24,145

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/38571 is the state's own key, not one this site invented.