STERLING "P" FEE
STERLING "P" FEE is a Texas oil lease in Sterling County, Railroad Commission district 08, operated by Burk Royalty Co., Ltd. It has 6 wellbores on file with the Commission. Reported production runs from November 2020 to August 2026, totalling 4,769 barrels. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values the whole lease — a 100% undivided interest — at about $235K, with roughly $43K expected over the next twelve months. An individual royalty owner receives their own decimal interest times that figure. Over the last twelve months on file it averaged 61 barrels a month, about 10 per wellbore. Its strongest month on the record we hold was January 2023, at 267 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% of what they went on to produce, and that measured error is the range shown on the page rather than a confidence of our own devising.
Key facts about STERLING "P" FEE
- Who operates STERLING "P" FEE?
- STERLING "P" FEE is operated by Burk Royalty Co., Ltd., Railroad Commission of Texas operator number 108799.
- Where is STERLING "P" FEE?
- STERLING "P" FEE is a Texas oil lease in Sterling County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 57976.
- Is STERLING "P" FEE still producing?
- STERLING "P" FEE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for STERLING "P" FEE is August 2026.
- How much has STERLING "P" FEE produced?
- STERLING "P" FEE has reported 4,769 barrels of oil (bbl) to the Railroad Commission of Texas between November 2020 and August 2026, from 6 wellbores.
- How much is STERLING "P" FEE worth?
- The remaining production from STERLING "P" FEE is estimated to be worth about $235K in total as of 26 August 2026, within a range of $129K to $341K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in STERLING "P" FEE is a fraction of it. The estimate fits an Arps decline curve to the production STERLING "P" FEE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for STERLING "P" FEE is an estimate of value, not an offer and not an appraisal.
- How much income does STERLING "P" FEE generate in a year?
- STERLING "P" FEE is forecast to net about $43K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in STERLING "P" FEE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Burk Royalty Co., Ltd. |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Sterling County, Texas |
| RRC district | 08 |
| Lease number | 57976 |
| Wellbores | 6 |
| Reported production | 4,769 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $235K |
Where STERLING "P" FEE sits
Source: Railroad Commission of Texas lease production records, complete through . Figures on this page were computed on .
Production figures are as reported to the Railroad Commission of Texas. The value shown is an estimate produced by fitting a decline curve to that reported history; it is not an offer or an appraisal. How this estimate is calculated.