STERLING

Name: STERLING lease production and value, Mar 1996 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by SHARP IMAGE ENERGY, INC. (P-5 770731) in the GILL (PENN. REEF 6900) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 67538District 8AField 34849500OilCasinghead gasSave Export

Value, all time

$4.1 M

Mar 1996 – Dec 2015

Value, last 12 filed months

$21 k

at the published price for each month

Months reported

238

no gaps in the span

Streams

oil, casinghead gas

The GILL (PENN. REEF 6900) 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 15 leases and 16 wells, and the rule below applies to all of them.

Discovered

1970-12-23

as the register files it

Field class

Oil

the register's own label

Between wells

1,200 ft

minimum

From a lease line

467 ft

minimum

A drilling unit in this field needs at least 80 acres.

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	143,947 bbl	$3,784,872
Casinghead gas	Production	125,555 Mcf	$353,528
Total			$4,138,400

21,045 Mcf of this lease's gas, across 10 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 (1)

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 32.5775, -101.0433. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.57752, -101.04330 · 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%

1 of 1 wells

With a plug date

100.0%

1 of 1 wells

Median depth

7,072 ft

1 wells filed one

Completion to plug

19.3 years

median over 1 well

What the state filed about each well

On the RRC proration schedule

1100.0%

A plug date is filed

1100.0%

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

1100.0%

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

The one well that filed a depth was drilled to 7,072 ft.

Completions filed

Mar 1996

1 of 1 wells

Plug dates filed

Jul 2015

1 of 1 wells

Last completion to plug: a median of 19.3 years across the 1 well that filed both dates, with the middle half between 19.3 years and 19.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-41533376	1	7,072 ft	Mar 1996	Jul 2015	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 (238)

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

238 months


Dec 2015	0	0	32.36	2.00	$0
Nov 2015	0	0	38.79	2.17	$0
Oct 2015	0	0	43.55	2.43	$0
Sep 2015	0	0	42.99	2.76	$0
Aug 2015	0	0	40.16	2.87	$0
Jul 2015	137	0	48.15	2.95	$6,597
Jun 2015	0	0	56.15	2.88	$0
May 2015	0	0	55.21	2.96	$0
Apr 2015	182	0	49.82	2.71	$9,067
Mar 2015	0	0	42.89	2.93	$0
Feb 2015	0	0	44.66	2.98	$0
Jan 2015	129	0	43.43	3.10	$5,602
Dec 2014	190	0	54.69	3.59	$10,391
Nov 2014	190	0	70.46	4.25	$13,387
Oct 2014	190	0	78.30	3.90	$14,877
Sep 2014	0	0	86.16	4.05	$0
Aug 2014	188	0	89.39	4.04	$16,805
Jul 2014	0	0	96.56	4.18	$0
Jun 2014	0	0	98.16	4.74	$0
May 2014	0	0	94.73	4.73	$0
Apr 2014	180	0	95.94	4.81	$17,269
Mar 2014	0	0	95.89	5.06	$0
Feb 2014	0	0	97.40	6.19	$0
Jan 2014	0	0	90.40	4.86	$0
Dec 2013	0	0	91.82	4.35	$0
Nov 2013	178	0	88.85	3.74	$15,815
Oct 2013	0	0	97.42	3.78	$0
Sep 2013	177	0	104.11	3.72	$18,427
Aug 2013	184	0	104.25	3.52	$19,182
Jul 2013	0	0	102.52	3.72	$0
Jun 2013	183	0	94.40	3.93	$17,275
May 2013	188	0	94.83	4.15	$17,828
Apr 2013	0	0	93.96	4.28	$0
Mar 2013	0	0	93.62	3.91	$0
Feb 2013	0	0	91.23	3.42	$0
Jan 2013	172	0	91.60	3.42	$15,755
Dec 2012	177	0	86.77	3.42	$15,358
Nov 2012	0	0	86.95	3.62	$0
Oct 2012	191	0	89.38	3.40	$17,072
Sep 2012	0	0	94.67	2.92	$0
Aug 2012	179	0	92.66	2.91	$16,586
Jul 2012	0	0	85.13	3.02	$0
Jun 2012	177	0	79.82	2.52	$14,128
May 2012	188	0	91.61	2.49	$17,223
Apr 2012	0	0	101.65	2.00	$0
Mar 2012	190	0	105.05	2.22	$19,960
Feb 2012	0	9	101.10	2.57	$23
Jan 2012	190	7	98.09	2.73	$18,656
Dec 2011	0	50	96.87	3.24	$162
Nov 2011	191	85	95.72	3.31	$18,564
Oct 2011	0	20	84.98	3.65	$73
Sep 2011	188	19	83.62	3.99	$15,796
Aug 2011	0	0	83.40	4.15	$0
Jul 2011	189	8	94.14	4.52	$17,829
Jun 2011	186	16	92.90	4.64	$17,354
May 2011	0	46	98.13	4.40	$203
Apr 2011	161	46	105.96	4.33	$17,259
Mar 2011	189	23	96.36	4.06	$18,305
Feb 2011	0	45	85.64	4.18	$188
Jan 2011	0	45	86.50	4.59	$207
Dec 2010	0	55	85.73	4.35	$239
Nov 2010	187	87	80.84	3.80	$15,447
Oct 2010	189	2	78.10	3.51	$14,768
Sep 2010	0	3	72.63	3.98	$12
Aug 2010	0	0	73.68	4.42	$0
Jul 2010	0	0	72.55	4.74	$0
Jun 2010	185	3	70.36	4.91	$13,031
May 2010	186	2	71.12	4.24	$13,237
Apr 2010	0	5	81.69	4.12	$21
Mar 2010	188	4	78.39	4.39	$14,755
Feb 2010	0	1	73.58	5.44	$5
Jan 2010	0	1	74.36	5.96	$6
Dec 2009	162	0	71.44	5.48	$11,573
Nov 2009	163	0	74.59	3.75	$12,158
Oct 2009	192	0	72.54	4.11	$13,928
Sep 2009	0	0	65.54	3.06	$0
Aug 2009	188	1	67.42	3.22	$12,678
Jul 2009	0	0	61.13	3.46	$0
Jun 2009	168	4	66.16	3.90	$11,130
May 2009	178	2	54.74	3.93	$9,752
Apr 2009	189	3	46.77	3.59	$8,850
Mar 2009	0	6	42.14	4.06	$24
Feb 2009	166	6	32.81	4.63	$5,474
Jan 2009	189	18	35.86	5.37	$6,874
Dec 2008	183	135	37.10	5.98	$7,596
Nov 2008	0	72	55.49	6.86	$494
Oct 2008	171	31	75.24	6.92	$13,081
Sep 2008	191	70	101.76	7.88	$19,988
Aug 2008	183	110	114.22	8.48	$21,835
Jul 2008	0	80	131.08	11.39	$911
Jun 2008	0	39	131.33	13.03	$508
May 2008	183	60	123.17	11.57	$23,235
Apr 2008	181	135	110.31	10.45	$21,378
Mar 2008	0	42	101.90	9.66	$406
Feb 2008	187	131	92.53	8.77	$18,452
Jan 2008	191	127	90.38	8.21	$18,305
Dec 2007	192	92	88.33	7.30	$17,631
Nov 2007	191	140	91.67	7.29	$18,530
Oct 2007	191	159	82.85	6.92	$16,925
Sep 2007	191	166	75.84	6.24	$15,522
Aug 2007	170	193	69.06	6.39	$12,973
Jul 2007	0	176	70.90	6.39	$1,124
Jun 2007	345	163	62.00	7.55	$22,620
May 2007	193	144	58.74	7.85	$12,467
Apr 2007	0	63	59.61	7.81	$492
Mar 2007	192	136	56.92	7.30	$11,922
Feb 2007	195	211	55.10	8.22	$12,478
Jan 2007	191	185	50.30	6.73	$10,852
Dec 2006	191	99	56.65	6.92	$11,505
Nov 2006	192	78	54.20	7.62	$11,001
Oct 2006	190	244	54.90	6.01	$11,898
Sep 2006	192	289	60.08	5.04	$12,991
Aug 2006	183	321	68.71	7.34	$14,930
Jul 2006	344	304	69.37	6.34	$25,791
Jun 2006	182	297	66.28	6.38	$13,959
May 2006	365	270	66.01	6.42	$25,828
Apr 2006	0	129	64.39	7.36	$950
Mar 2006	190	82	56.70	7.08	$11,354
Feb 2006	187	328	57.59	7.75	$13,312
Jan 2006	359	385	60.59	8.93	$25,191
Dec 2005	367	311	54.94	13.42	$24,335
Nov 2005	185	362	54.69	10.59	$13,951
Oct 2005	350	215	58.34	13.80	$23,385
Sep 2005	0	38	61.45	12.08	$459
Aug 2005	187	292	61.51	9.80	$14,363
Jul 2005	312	266	55.69	7.84	$19,462
Jun 2005	0	17	52.33	7.38	$125
May 2005	178	273	45.22	6.65	$9,865
Apr 2005	369	356	49.20	7.36	$20,775
Mar 2005	180	239	50.37	7.15	$10,777
Feb 2005	183	404	45.22	6.31	$10,825
Jan 2005	382	583	43.16	6.32	$20,173
Dec 2004	383	526	39.86	6.75	$18,817
Nov 2004	350	553	45.28	6.33	$19,349
Oct 2004	339	570	49.70	6.52	$20,562
Sep 2004	518	527	43.24	5.28	$25,183
Aug 2004	187	277	42.37	5.55	$9,461
Jul 2004	334	187	38.28	6.08	$13,923
Jun 2004	181	156	36.10	6.43	$7,538
May 2004	331	170	37.48	6.49	$13,510
Apr 2004	350	253	34.47	5.86	$13,547
Mar 2004	350	306	34.36	5.53	$13,718
Feb 2004	384	211	32.45	5.51	$13,623
Jan 2004	356	320	32.03	6.30	$13,419
Dec 2003	504	196	30.26	6.30	$16,486
Nov 2003	183	165	28.80	4.60	$6,029
Oct 2003	373	137	28.17	4.76	$11,159
Sep 2003	366	349	26.31	4.75	$11,287
Aug 2003	376	229	29.76	5.13	$12,364
Jul 2003	564	380	29.41	5.17	$18,552
Jun 2003	193	5	28.56	5.98	$5,542
May 2003	365	37	26.59	5.97	$9,926
Apr 2003	380	210	26.67	5.41	$11,270
Mar 2003	556	50	31.14	6.10	$17,619
Feb 2003	173	105	33.48	7.93	$6,624
Jan 2003	342	136	30.31	5.58	$11,125
Dec 2002	383	199	26.91	4.85	$11,272
Nov 2002	572	304	24.66	4.14	$15,363
Oct 2002	552	332	26.46	4.23	$16,010
Sep 2002	531	281	27.44	3.64	$15,592
Aug 2002	544	143	25.96	3.16	$14,575
Jul 2002	732	336	24.58	3.06	$19,021
Jun 2002	373	298	23.73	3.34	$9,846
May 2002	374	341	24.66	3.58	$10,445
Apr 2002	742	394	23.65	3.51	$18,932
Mar 2002	373	347	22.00	3.10	$9,283
Feb 2002	370	218	18.22	2.38	$7,259
Jan 2002	725	403	17.17	2.38	$13,406
Dec 2001	735	429	16.93	2.36	$13,458
Nov 2001	357	439	18.07	2.41	$7,507
Oct 2001	908	539	19.78	2.53	$19,323
Sep 2001	745	330	24.26	2.25	$18,817
Aug 2001	374	205	24.87	3.05	$9,927
Jul 2001	719	321	23.93	3.20	$18,232
Jun 2001	731	416	24.56	3.82	$19,544
May 2001	928	414	25.52	4.31	$25,466
Apr 2001	753	474	24.68	5.34	$21,113
Mar 2001	884	367	24.54	5.38	$23,667
Feb 2001	931	535	27.75	5.77	$28,921
Jan 2001	1,046	538	27.47	8.40	$33,252
Dec 2000	921	643	26.88	9.12	$30,622
Nov 2000	1,042	692	32.21	5.66	$37,478
Oct 2000	1,248	829	31.23	5.15	$43,241
Sep 2000	750	908	31.87	5.19	$28,612
Aug 2000	1,473	815	29.64	4.54	$47,360
Jul 2000	741	939	28.53	4.09	$24,981
Jun 2000	1,268	956	29.30	4.40	$41,356
May 2000	1,455	528	27.26	3.68	$41,606
Apr 2000	946	1,109	24.51	3.12	$26,642
Mar 2000	1,678	1,134	28.42	2.86	$50,932
Feb 2000	1,129	1,124	27.62	2.73	$34,248
Jan 2000	1,513	1,047	25.27	2.48	$40,831
Dec 1999	1,276	1,080	24.28	2.42	$33,599
Nov 1999	1,475	1,092	23.19	2.43	$36,863
Oct 1999	1,279	1,287	20.98	2.80	$30,442
Sep 1999	1,445	1,301	21.75	2.62	$34,836
Aug 1999	1,466	1,558	19.26	2.88	$32,715
Jul 1999	1,811	1,589	17.89	2.37	$36,168
Jun 1999	1,489	1,664	15.94	2.36	$27,665
May 1999	1,489	1,615	15.79	2.32	$27,260
Apr 1999	1,680	1,695	15.10	2.21	$29,111
Mar 1999	1,899	1,874	12.47	1.84	$27,126
Feb 1999	1,864	1,224	9.98	1.82	$20,828
Jan 1999	1,509	758	10.38	1.90	$17,104
Dec 1998	1,473	1,224	9.20	1.77	$15,722
Nov 1998	2,216	1,530	10.89	2.19	$27,476
Oct 1998	1,274	1,582	12.42	1.97	$18,938
Sep 1998	2,169	1,630	12.59	2.08	$30,702
Aug 1998	1,457	1,332	11.30	1.91	$19,005
Jul 1998	1,838	1,653	11.74	2.24	$25,276
Jun 1998	1,867	1,695	11.24	2.24	$24,777
May 1998	1,860	1,642	12.62	2.21	$27,096
Apr 1998	2,033	1,608	13.04	2.51	$30,539
Mar 1998	1,320	1,250	12.80	2.31	$19,783
Feb 1998	1,490	1,037	13.95	2.30	$23,170
Jan 1998	1,474	1,549	14.70	2.15	$25,006
Dec 1997	2,058	1,868	16.32	2.41	$38,090
Nov 1997	2,071	2,222	18.19	3.09	$44,534
Oct 1997	2,236	2,475	19.25	3.15	$50,839
Sep 1997	2,246	3,215	17.74	2.95	$49,344
Aug 1997	2,255	3,348	17.86	2.55	$48,828
Jul 1997	2,495	3,257	17.58	2.25	$51,180
Jun 1997	2,265	2,644	17.24	2.26	$45,017
May 1997	2,222	3,125	18.97	2.31	$49,365
Apr 1997	2,196	3,147	17.88	2.08	$45,819
Mar 1997	2,491	3,361	18.95	1.94	$53,722
Feb 1997	2,484	2,999	20.49	2.21	$57,513
Jan 1997	2,686	3,334	23.48	3.54	$74,869
Dec 1996	2,651	3,142	23.32	—	$61,821
Nov 1996	2,470	2,944	21.97	—	$54,266
Oct 1996	2,523	2,662	23.31	—	$58,811
Sep 1996	2,636	3,077	22.22	—	$58,572
Aug 1996	2,818	2,739	20.26	—	$57,093
Jul 1996	2,458	2,517	19.55	—	$48,054
Jun 1996	2,279	2,270	18.73	—	$42,686
May 1996	2,269	1,692	19.43	—	$44,087
Apr 1996	2,433	1	21.51	—	$52,334
Mar 1996	385	1	19.38	—	$7,461

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.

Jul 2015 — as filed, then multipliedworked

Oil                  137 bbl  × $ 48.15 =     $6,597
Casinghead gas         0 Mcf  × $  2.95 =         $0

────────────────────────────────────────────────────
Month total                                   $6,597

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. 8A/O/67538 is the state's own key, not one this site invented.