MASTERSON

Operated by BURK ROYALTY CO., LTD. (P-5 108799) in the PANHANDLE, WEST (RED CAVE) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 102947District 10Field 68831200Hydrogen sulphide fieldNGPA filingCondensateGasSaveExport
Value, all time
$254 k
Jan 1993 – May 2026
Value, last 12 filed months
$5 k
at the published price for each month
Months reported
401
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 666 leases and 666 wells, and the rule below applies to all of them.

Discovered
1960-07-15
as the register files it
Field class
Gas
the register's own label
Between wells
660 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 160 acres. The field rule took effect on 2019-11-19.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: THE LOCATION OF PERFORATIONS.

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
CondensateDisposition68 bbl$1,127
GasProduction87,978 Mcf$253,286
Total$254,413

23,947 Mcf of this lease's gas, across 48 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 35.5379, -101.9277. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.53794, -101.92772 · 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
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
2,123 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
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.
1100.0%

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 2,123 ft.

Completions filed
Jan 1981
1 of 1 wells

1 well

42-37530752107R2,123 ftJan 1981

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 (401)

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

401 months

May 202600106.413.05$0
Apr 2026013398.932.87$382
Mar 2026014989.753.15$469
Feb 2026012363.503.75$461
Jan 2026011759.138.00$936
Dec 2025011256.664.41$494
Nov 2025011158.593.93$436
Oct 2025011559.383.30$380
Sep 2025010962.743.08$335
Aug 2025012263.933.01$368
Jul 2025010266.743.32$338
Jun 202509066.483.13$282
May 2025012160.553.23$391
Apr 2025012462.363.54$439
Mar 2025013667.704.27$580
Feb 2025010470.884.34$451
Jan 202501174.324.28$47
Dec 2024014168.993.12$440
Nov 2024014569.052.20$319
Oct 2024013371.372.28$303
Sep 2024013169.612.36$310
Aug 2024013175.632.06$270
Jul 2024014779.932.15$316
Jun 2024014178.082.63$371
May 2024014078.812.20$308
Apr 2024012984.451.66$214
Mar 2024014380.301.55$221
Feb 2024013276.091.78$235
Jan 2024013273.023.30$435
Dec 2023015071.262.61$392
Nov 2023014477.892.81$404
Oct 2023015385.443.09$472
Sep 2023014989.042.74$408
Aug 2023015080.522.67$401
Jul 202304474.852.64$116
Jun 2023014268.962.26$321
May 2023014970.622.23$332
Apr 2023014478.122.24$322
Mar 2023013572.852.39$323
Feb 2023012975.112.47$318
Jan 2023014176.533.39$478
Dec 2022014276.415.73$814
Nov 2022013985.005.65$785
Oct 2022015487.185.86$903
Sep 2022015384.888.16$1,249
Aug 2022016294.529.13$1,479
Jul 20220175101.587.54$1,320
Jun 20220147115.097.98$1,173
May 20220151109.378.43$1,273
Apr 20220136104.226.84$930
Mar 20220152108.885.08$772
Feb 2022012391.054.86$598
Jan 2022014881.844.54$672
Dec 2021015171.323.90$589
Nov 2021014477.435.24$754
Oct 2021015879.795.71$903
Sep 2021016069.865.35$856
Aug 2021017966.024.22$755
Jul 2021015170.783.98$601
Jun 2021015369.493.38$517
May 2021015663.483.02$471
Apr 2021010160.362.76$279
Mar 2021015361.302.72$416
Feb 202106857.805.55$377
Jan 2021015250.412.81$427
Dec 2020014944.642.68$399
Nov 2020014338.772.71$387
Oct 2020013736.972.48$340
Sep 2020015737.091.99$313
Aug 2020012639.982.39$301
Jul 2020017038.371.83$310
Jun 2020015834.901.69$267
May 2020014916.921.81$270
Apr 2020013614.751.80$245
Mar 2020013730.341.86$254
Feb 2020012249.881.98$242
Jan 2020013357.252.09$279
Dec 2019013559.012.30$311
Nov 2019010955.302.75$300
Oct 2019012953.472.42$312
Sep 2019011355.052.66$300
Aug 2019014453.112.30$332
Jul 2019015856.272.46$389
Jun 2019012552.782.49$311
May 2019013258.482.74$362
Apr 2019013962.632.75$382
Mar 2019013056.803.06$398
Feb 2019012550.852.79$349
Jan 2019015946.033.23$513
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 2018017061.443.40$578
Sep 2018016859.543.11$522
Aug 2018016959.403.07$518
Jul 2018016865.142.93$493
Jun 2018016860.183.08$517
May 2018017965.382.90$519
Apr 2018020763.842.90$600
Mar 201804161.222.79$114
Feb 2018013061.782.77$360
Jan 2018015662.874.01$625
Dec 2017018857.272.92$549
Nov 2017019455.423.12$605
Oct 2017016849.292.98$501
Sep 201708447.523.09$259
Aug 2017017745.373.00$532
Jul 2017012843.873.09$395
Jun 2017017342.493.09$534
May 2017017945.373.26$584
Apr 2017015847.933.21$507
Mar 2017016146.772.98$480
Feb 2017015250.452.95$449
Jan 2017017849.413.42$609
Dec 2016017048.763.72$633
Nov 2016017842.492.64$471
Oct 2016017046.193.09$525
Sep 2016016241.553.10$502
Aug 2016016541.442.92$483
Jul 2016018741.622.92$547
Jun 2016018445.352.69$494
May 2016019142.521.99$380
Apr 2016017536.561.99$348
Mar 2016018133.011.79$325
Feb 2016016426.472.06$338
Jan 2016019327.352.36$456
Dec 2015020432.362.00$408
Nov 2015017738.792.17$384
Oct 2015019443.552.43$471
Sep 2015018542.992.76$510
Aug 2015019340.162.87$554
Jul 2015020648.152.95$607
Jun 2015022856.152.88$657
May 201506955.212.96$204
Apr 2015018049.822.71$487
Mar 2015017142.892.93$502
Feb 2015016044.662.98$476
Jan 2015020243.433.10$626
Dec 2014020054.693.59$718
Nov 2014019270.464.25$816
Oct 2014024378.303.90$948
Sep 2014016886.164.05$680
Aug 2014011489.394.04$460
Jul 2014019596.564.18$815
Jun 2014019698.164.74$928
May 2014021694.734.73$1,021
Apr 2014021895.944.81$1,048
Mar 2014027095.895.06$1,365
Feb 2014013397.406.19$824
Jan 201403490.404.86$165
Dec 201306191.824.35$266
Nov 2013018288.853.74$680
Oct 2013021797.423.78$820
Sep 20130221104.113.72$822
Aug 20130242104.253.52$852
Jul 20130248102.523.72$922
Jun 2013027194.403.93$1,066
May 2013030294.834.15$1,253
Apr 2013028793.964.28$1,229
Mar 201307193.623.91$278
Feb 201309591.233.42$325
Jan 2013010391.603.42$352
Dec 201209786.773.42$332
Nov 2012016786.953.62$605
Oct 2012021489.383.40$728
Sep 2012022094.672.92$642
Aug 2012022692.662.91$657
Jul 2012023485.133.02$707
Jun 2012023479.822.52$589
May 2012023491.612.49$582
Apr 20120224101.652.00$447
Mar 20120225105.052.22$500
Feb 20120220101.102.57$565
Jan 2012024198.092.73$659
Dec 2011024696.873.24$797
Nov 2011025395.723.31$838
Oct 2011027084.983.65$985
Sep 2011028183.623.99$1,120
Aug 2011030483.404.15$1,261
Jul 2011032194.144.52$1,450
Jun 2011034192.904.64$1,582
May 2011021398.134.40$938
Apr 20110189105.964.33$819
Mar 2011018596.364.06$751
Feb 2011015285.644.18$635
Jan 2011019786.504.59$904
Dec 2010021885.734.35$948
Nov 2010018580.843.80$702
Oct 2010017478.103.51$611
Sep 2010016772.633.98$665
Aug 2010017973.684.42$791
Jul 2010019172.554.74$905
Jun 2010025370.364.91$1,242
May 2010016571.124.24$699
Apr 2010014681.694.12$602
Mar 2010015678.394.39$685
Feb 2010014673.585.44$795
Jan 2010017774.365.96$1,056
Dec 2009016271.445.48$888
Nov 2009016874.593.75$630
Oct 2009017572.544.11$719
Sep 200905065.543.06$153
Aug 2009018067.423.22$579
Jul 2009017561.133.46$606
Jun 2009017266.163.90$670
May 2009016954.743.93$663
Apr 2009016246.773.59$581
Mar 2009018242.144.06$739
Feb 2009018032.814.63$834
Jan 2009019935.865.37$1,069
Dec 2008017537.105.98$1,046
Nov 2008017055.496.86$1,166
Oct 2008017175.246.92$1,184
Sep 20080168101.767.88$1,323
Aug 20080180114.228.48$1,527
Jul 20080154131.0811.39$1,754
Jun 20080132131.3313.03$1,720
May 20080132123.1711.57$1,528
Apr 20080151110.3110.45$1,579
Mar 20080162101.909.66$1,566
Feb 2008015692.538.77$1,368
Jan 200808190.388.21$665
Dec 2007013688.337.30$993
Nov 2007018891.677.29$1,371
Oct 2007018782.856.92$1,294
Sep 2007018275.846.24$1,136
Aug 2007012769.066.39$811
Jul 2007011870.906.39$754
Jun 2007011162.007.55$838
May 2007012658.747.85$989
Apr 200709959.617.81$773
Mar 2007014756.927.30$1,073
Feb 2007010155.108.22$830
Jan 2007010250.306.73$686
Dec 2006015556.656.92$1,072
Nov 2006014454.207.62$1,097
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 2006012068.717.34$881
Jul 2006015469.376.34$977
Jun 2006014666.286.38$932
May 2006014866.016.42$951
Apr 2006012964.397.36$950
Mar 2006010356.707.08$730
Feb 2006013557.597.75$1,046
Jan 2006011160.598.93$992
Dec 2005011654.9413.42$1,556
Nov 2005014154.6910.59$1,493
Oct 2005016458.3413.80$2,263
Sep 2005015761.4512.08$1,896
Aug 2005017661.519.80$1,724
Jul 2005015055.697.84$1,177
Jun 20050052.337.38$0
May 200506245.226.65$412
Apr 2005013849.207.36$1,016
Mar 2005012550.377.15$894
Feb 200509645.226.31$606
Jan 200509243.166.32$582
Dec 200407439.866.75$500
Nov 2004012745.286.33$804
Oct 200409849.706.52$638
Sep 2004010243.245.28$539
Aug 2004018542.375.55$1,027
Jul 2004018838.286.08$1,144
Jun 2004019436.106.43$1,248
May 2004012037.486.49$779
Apr 200409934.475.86$580
Mar 200403834.365.53$210
Feb 200407732.455.51$424
Jan 2004012532.036.30$787
Dec 2003016330.266.30$1,027
Nov 2003019128.804.60$878
Oct 2003013028.174.76$619
Sep 2003013226.314.75$627
Aug 2003018129.765.13$928
Jul 2003016129.415.17$833
Jun 2003016728.565.98$999
May 2003016926.595.97$1,009
Apr 2003013926.675.41$752
Mar 2003017131.146.10$1,042
Feb 2003019533.487.93$1,546
Jan 2003020130.315.58$1,122
Dec 2002026826.914.85$1,301
Nov 2002025524.664.14$1,055
Oct 2002025526.464.23$1,078
Sep 2002025227.443.64$916
Aug 2002026825.963.16$848
Jul 2002033824.583.06$1,035
Jun 2002016123.733.34$537
May 200202724.663.58$97
Apr 200201423.653.51$49
Mar 200202322.003.10$71
Feb 2002023018.222.38$546
Jan 2002028017.172.38$665
Dec 2001031016.932.36$733
Nov 2001033618.072.41$808
Oct 2001043019.782.53$1,087
Sep 2001030424.262.25$684
Aug 20010624.873.05$18
Jul 2001023023.933.20$735
Jun 2001020924.563.82$799
May 2001017325.524.31$745
Apr 2001021724.685.34$1,158
Mar 2001021724.545.38$1,167
Feb 2001023827.755.77$1,373
Jan 2001022427.478.40$1,881
Dec 2000026026.889.12$2,372
Nov 2000028332.215.66$1,601
Oct 2000031331.235.15$1,611
Sep 2000028431.875.19$1,473
Aug 2000031829.644.54$1,444
Jul 2000028228.534.09$1,153
Jun 2000029729.304.40$1,306
May 2000031327.263.68$1,152
Apr 2000026824.513.12$835
Mar 2000032328.422.86$924
Feb 2000027127.622.73$739
Jan 2000029725.272.48$737
Dec 1999031124.282.42$754
Nov 1999029923.192.43$728
Oct 1999032420.982.80$908
Sep 1999031321.752.62$820
Aug 1999033419.262.88$960
Jul 1999032317.892.37$766
Jun 1999038215.942.36$902
May 1999034415.792.32$798
Apr 1999031115.102.21$687
Mar 1999034112.471.84$627
Feb 199902899.981.82$525
Jan 1999032810.381.90$623
Dec 199803819.201.77$676
Nov 1998041210.892.19$901
Oct 1998045612.421.97$898
Sep 1998050312.592.08$1,048
Aug 1998020211.301.91$385
Jul 1998020211.742.24$452
Jun 1998017011.242.24$380
May 1998042912.622.21$947
Apr 1998013113.042.51$328
Mar 1998013812.802.31$319
Feb 1998019313.952.30$444
Jan 1998022914.702.15$493
Dec 1997027516.322.41$663
Nov 1997031218.193.09$964
Oct 1997037519.253.15$1,181
Sep 1997039917.742.95$1,179
Aug 1997043917.862.55$1,122
Jul 1997042017.582.25$944
Jun 1997045517.242.26$1,027
May 1997039918.972.31$921
Apr 1997035117.882.08$731
Mar 1997038818.951.94$752
Feb 1997034420.492.21$759
Jan 1997035023.483.54$1,239
Dec 1996042323.32$0
Nov 1996038921.97$0
Oct 1996042523.31$0
Sep 1996036922.22$0
Aug 1996040920.26$0
Jul 1996044919.55$0
Jun 1996050718.73$0
May 1996049219.43$0
Apr 1996044421.51$0
Mar 1996042319.38$0
Feb 1996041216.98$0
Jan 1996041317.07$0
Dec 1995047617.19$0
Nov 1995050216.00$0
Oct 1995057615.43$0
Sep 1995043916.18$0
Aug 1995030915.92$0
Jul 1995037115.24$0
Jun 1995051816.41$0
May 1995048217.56$0
Apr 1995052817.73$0
Mar 1995041116.44$0
Feb 19956839716.58$1,127
Jan 1995047815.92$0
Dec 1994055715.03$0
Nov 1994060715.90$0
Oct 1994064315.58$0
Sep 1994059615.29$0
Aug 1994060316.13$0
Jul 1994060217.56$0
Jun 1994061217.09$0
May 1994054415.88$0
Apr 1994058014.14$0
Mar 1994053112.46$0
Feb 1994042712.50$0
Jan 1994047212.66$0
Dec 1993051512.33$0
Nov 1993053814.49$0
Oct 1993060015.85$0
Sep 1993064115.03$0
Aug 1993067315.66$0
Jul 1993068115.46$0
Jun 1993065216.79$0
May 1993055417.68$0
Apr 1993047918.05$0
Mar 1993042618.14$0
Feb 1993037017.90$0
Jan 1993040216.93$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.

Apr 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $ 98.93 =         $0
Gas                  133 Mcf  × $  2.87 =       $382

────────────────────────────────────────────────────
Month total                                     $382

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. 10/G/102947 is the state's own key, not one this site invented.