STERLING

Operated by TEP BARNETT USA, LLC (P-5 842986) in the NEWARK, EAST (BARNETT SHALE) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 263638District 09Field 65280200CondensateGasSaveExport
Value, all time
$8.0 M
Dec 2011 – May 2026
Value, last 12 filed months
$258 k
at the published price for each month
Months reported
174
no gaps in the span
Streams
2
condensate, 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 21,881 leases and 22,468 wells, and the rule below applies to all of them.

Discovered
1981-10-15
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 2009-09-29.

The Commission's schedule remark for this field reads: DESIGNATED AS UFT FIELD PER DOCKET 01-0299858

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
CondensateDisposition2,560 bbl$177,786
GasProduction2,346,520 Mcf$7,836,833
Total$8,014,619

Every month this lease reported (174)

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

174 months

May 202605,769106.413.05$17,571
Apr 202605,54498.932.87$15,910
Mar 202606,71189.753.15$21,136
Feb 202605,65563.503.75$21,208
Jan 202605,22659.138.00$41,797
Dec 202507,07656.664.41$31,229
Nov 202504,16658.593.93$16,358
Oct 202505,71759.383.30$18,894
Sep 202505,48162.743.08$16,865
Aug 202506,67663.933.01$20,127
Jul 202505,62466.743.32$18,645
Jun 202505,91366.483.13$18,500
May 202506,98560.553.23$22,578
Apr 202506,76362.363.54$23,962
Mar 202507,19567.704.27$30,711
Feb 202506,69170.884.34$29,045
Jan 202506,80174.324.28$29,099
Dec 202407,61568.993.12$23,769
Nov 202407,43869.052.20$16,352
Oct 202404,87071.372.28$11,110
Sep 20241536,43569.612.36$25,865
Aug 202409,13075.632.06$18,841
Jul 20240079.932.15$0
Jun 202403,26978.082.63$8,610
May 202406,58678.812.20$14,479
Apr 202407,49184.451.66$12,429
Mar 202408,19580.301.55$12,662
Feb 202407,97276.091.78$14,219
Jan 202407,07773.023.30$23,338
Dec 202308,32171.262.61$21,724
Nov 202307,92677.892.81$22,253
Oct 202306,30385.443.09$19,459
Sep 202306,78189.042.74$18,546
Aug 202306,47980.522.67$17,318
Jul 202306,86874.852.64$18,144
Jun 202307,54368.962.26$17,036
May 202307,72970.622.23$17,216
Apr 202307,80578.122.24$17,466
Mar 202308,89272.852.39$21,280
Feb 202307,11675.112.47$17,546
Jan 202308,78176.533.39$29,748
Dec 202208,83476.415.73$50,611
Nov 202208,60085.005.65$48,557
Oct 202207,66687.185.86$44,952
Sep 202208,17884.888.16$66,763
Aug 20221008,82794.529.13$90,017
Jul 202209,242101.587.54$69,704
Jun 202207,728115.097.98$61,648
May 202208,849109.378.43$74,624
Apr 202208,728104.226.84$59,679
Mar 202209,125108.885.08$46,322
Feb 202207,89191.054.86$38,341
Jan 202209,48781.844.54$43,049
Dec 2021010,18771.323.90$39,720
Nov 202109,87477.435.24$51,709
Oct 202109,87379.795.71$56,413
Sep 202109,19469.865.35$49,196
Aug 202109,74466.024.22$41,125
Jul 202109,74770.783.98$38,813
Jun 202109,53569.493.38$32,234
May 2021419,94463.483.02$32,610
Apr 202108,44660.362.76$23,298
Mar 202109,28861.302.72$25,235
Feb 202108,17257.805.55$45,338
Jan 2021010,82950.412.81$30,432
Dec 2020010,52544.642.68$28,159
Nov 2020010,45238.772.71$28,289
Oct 202009,90336.972.48$24,544
Sep 20206610,86237.091.99$24,075
Aug 2020011,41839.982.39$27,233
Jul 2020011,56438.371.83$21,106
Jun 2020011,59734.901.69$19,603
May 2020010,52116.921.81$19,093
Apr 2020010,35214.751.80$18,679
Mar 2020010,77830.341.86$20,006
Feb 202009,21449.881.98$18,250
Jan 2020011,87657.252.09$24,877
Dec 2019011,85659.012.30$27,320
Nov 2019012,07855.302.75$33,223
Oct 2019012,51353.472.42$30,263
Sep 2019012,60055.052.66$33,482
Aug 2019012,23253.112.30$28,187
Jul 2019011,70956.272.46$28,805
Jun 2019010,93452.782.49$27,239
May 201910911,44358.482.74$37,732
Apr 2019012,56062.632.75$34,549
Mar 2019013,74356.803.06$42,082
Feb 2019013,20550.852.79$36,871
Jan 2019011,42646.033.23$36,885
Dec 2018011,37546.594.19$47,609
Nov 2018010,17452.934.24$43,110
Oct 201813311,52961.443.40$47,348
Sep 2018012,57159.543.11$39,071
Aug 2018012,23459.403.07$37,516
Jul 2018012,74465.142.93$37,364
Jun 2018011,06960.183.08$34,058
May 2018013,49265.382.90$39,138
Apr 2018011,99563.842.90$34,795
Mar 2018013,01561.222.79$36,271
Feb 20189411,77461.782.77$38,376
Jan 20185313,82362.874.01$58,753
Dec 2017011,61057.272.92$33,919
Nov 2017014,70255.423.12$45,846
Oct 2017012,63849.292.98$37,708
Sep 2017012,41447.523.09$38,325
Aug 2017013,35545.373.00$40,124
Jul 2017013,79543.873.09$42,589
Jun 2017012,41042.493.09$38,313
May 2017013,26845.373.26$43,299
Apr 201712112,48547.933.21$45,896
Mar 2017013,01746.772.98$38,839
Feb 2017012,38450.452.95$36,565
Jan 2017015,03349.413.42$51,395
Dec 2016015,00648.763.72$55,865
Nov 201612213,14342.492.64$39,938
Oct 2016013,32946.193.09$41,190
Sep 2016012,90141.553.10$40,001
Aug 2016014,78141.442.92$43,225
Jul 2016014,00441.622.92$40,952
Jun 2016011,76945.352.69$31,610
May 2016015,85142.521.99$31,560
Apr 201610414,37836.561.99$32,429
Mar 2016014,93233.011.79$26,788
Feb 2016013,25526.472.06$27,353
Jan 20169314,51927.352.36$36,872
Dec 2015014,41432.362.00$28,848
Nov 201510113,69838.792.17$33,606
Oct 2015013,61443.552.43$33,035
Sep 2015013,38842.992.76$36,930
Aug 2015014,30340.162.87$41,085
Jul 20159513,69148.152.95$44,895
Jun 2015015,27156.152.88$44,024
May 2015013,77955.212.96$40,723
Apr 2015013,64249.822.71$36,923
Mar 20156616,10542.892.93$50,094
Feb 2015013,27944.662.98$39,521
Jan 20156915,85243.433.10$52,148
Dec 2014014,45754.693.59$51,920
Nov 2014014,80370.464.25$62,940
Oct 201410417,15478.303.90$75,060
Sep 2014016,91086.164.05$68,408
Aug 2014017,10189.394.04$69,005
Jul 201410917,43196.564.18$83,380
Jun 2014017,08198.164.74$80,911
May 201411318,01194.734.73$95,835
Apr 2014019,32395.944.81$92,927
Mar 20149321,10495.895.06$115,636
Feb 201411217,92297.406.19$121,882
Jan 2014021,13390.404.86$102,722
Dec 201310820,87791.824.35$100,825
Nov 2013022,62588.853.74$84,579
Oct 201310922,83097.423.78$96,902
Sep 2013023,455104.113.72$87,200
Aug 2013023,168104.253.52$81,612
Jul 2013025,260102.523.72$93,910
Jun 201329224,34194.403.93$123,308
May 2013027,03994.834.15$112,187
Apr 2013027,68393.964.28$118,555
Mar 2013028,85593.623.91$112,906
Feb 2013028,99491.233.42$99,157
Jan 2013033,32691.603.42$113,972
Dec 2012035,44086.773.42$121,210
Nov 2012037,61186.953.62$136,338
Oct 2012039,68589.383.40$134,916
Sep 2012041,46494.672.92$121,009
Aug 2012043,16092.662.91$125,516
Jul 2012053,07985.133.02$160,341
Jun 2012059,57879.822.52$150,079
May 2012082,00191.612.49$204,045
Apr 2012027,845101.652.00$55,601
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$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.

May 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $106.41 =         $0
Gas                5,769 Mcf  × $  3.05 =    $17,571

────────────────────────────────────────────────────
Month total                                  $17,571

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. 09/G/263638 is the state's own key, not one this site invented.