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MASTERSON

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

Gas lease lease 119172District 10Field 68831001NGPA filingGasSaveExport
Value, all time
$368 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
1
gas

The PANHANDLE, WEST 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 4,532 leases and 4,532 wells, and the rule below applies to all of them.

Discovered
1933-02-08
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 2013-11-12.

The Commission's schedule remark for this field reads: “IS HEREBY SUSPENDED.”

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
GasProduction153,207 Mcf$367,854
Total$367,854

71,336 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 35.5306, -101.9221. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.53062, -101.92206 · 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
3,046 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 3,046 ft.

Completions filed
Oct 1985
1 of 1 wells

1 well

42-3753120840 A3,046 ftOct 1985——

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 20260106.413.05$0
Apr 202612798.932.87$364
Mar 202611889.753.15$372
Feb 20268863.503.75$330
Jan 202610959.138.00$872
Dec 202512756.664.41$561
Nov 202513458.593.93$526
Oct 202514359.383.30$473
Sep 202513762.743.08$422
Aug 202513363.933.01$401
Jul 202513066.743.32$431
Jun 202512866.483.13$400
May 202513860.553.23$446
Apr 202512962.363.54$457
Mar 202510667.704.27$452
Feb 20255870.884.34$252
Jan 20258374.324.28$355
Dec 202411868.993.12$368
Nov 202412669.052.20$277
Oct 202413371.372.28$303
Sep 202412669.612.36$298
Aug 202412875.632.06$264
Jul 202413379.932.15$286
Jun 202411078.082.63$290
May 202411878.812.20$259
Apr 202411584.451.66$191
Mar 202411380.301.55$175
Feb 20249076.091.78$161
Jan 20249673.023.30$317
Dec 202312771.262.61$332
Nov 202313977.892.81$390
Oct 202314685.443.09$451
Sep 202313389.042.74$364
Aug 202313880.522.67$369
Jul 20239174.852.64$240
Jun 202313268.962.26$298
May 202313970.622.23$310
Apr 202313478.122.24$300
Mar 202311272.852.39$268
Feb 20238875.112.47$217
Jan 202310176.533.39$342
Dec 202211676.415.73$665
Nov 202213885.005.65$779
Oct 202214687.185.86$856
Sep 202214484.888.16$1,176
Aug 202214194.529.13$1,287
Jul 2022119101.587.54$898
Jun 2022125115.097.98$997
May 2022115109.378.43$970
Apr 2022102104.226.84$697
Mar 2022108108.885.08$548
Feb 20227591.054.86$364
Jan 202210781.844.54$486
Dec 202111671.323.90$452
Nov 202112177.435.24$634
Oct 202112879.795.71$731
Sep 202113369.865.35$712
Aug 202111166.024.22$468
Jul 202111370.783.98$450
Jun 202111469.493.38$385
May 202114163.483.02$425
Apr 20217660.362.76$210
Mar 202110461.302.72$283
Feb 20215357.805.55$294
Jan 20219850.412.81$275
Dec 202010244.642.68$273
Nov 20209438.772.71$254
Oct 20202536.972.48$62
Sep 202011437.091.99$227
Aug 202011939.982.39$284
Jul 202012138.371.83$221
Jun 202012334.901.69$208
May 202012016.921.81$218
Apr 20209114.751.80$164
Mar 20208530.341.86$158
Feb 20207849.881.98$154
Jan 20208357.252.09$174
Dec 2019059.012.30$0
Nov 20198955.302.75$245
Oct 201910553.472.42$254
Sep 201911455.052.66$303
Aug 2019053.112.30$0
Jul 201912456.272.46$305
Jun 201911652.782.49$289
May 201913658.482.74$373
Apr 20197362.632.75$201
Mar 20198756.803.06$266
Feb 2019050.852.79$0
Jan 2019046.033.23$0
Dec 2018046.594.19$0
Nov 2018052.934.24$0
Oct 201814861.443.40$503
Sep 201814259.543.11$441
Aug 201814059.403.07$429
Jul 201814165.142.93$413
Jun 201814960.183.08$458
May 201816265.382.90$470
Apr 201814763.842.90$426
Mar 20181761.222.79$47
Feb 201811361.782.77$313
Jan 20183962.874.01$156
Dec 20175957.272.92$172
Nov 201716855.423.12$524
Oct 20178549.292.98$254
Sep 20178747.523.09$269
Aug 20178745.373.00$261
Jul 20177743.873.09$238
Jun 201713942.493.09$429
May 201715245.373.26$496
Apr 201713747.933.21$440
Mar 201713646.772.98$406
Feb 201710850.452.95$319
Jan 201712349.413.42$421
Dec 201613948.763.72$517
Nov 201615442.492.64$407
Oct 201615346.193.09$473
Sep 20166841.553.10$211
Aug 201614441.442.92$421
Jul 201615441.622.92$450
Jun 201615645.352.69$419
May 201615742.521.99$313
Apr 201614136.561.99$281
Mar 201614033.011.79$251
Feb 201611726.472.06$241
Jan 201612727.352.36$300
Dec 201514832.362.00$296
Nov 201516238.792.17$351
Oct 201517743.552.43$430
Sep 201516942.992.76$466
Aug 201517140.162.87$491
Jul 201517648.152.95$518
Jun 201518356.152.88$528
May 201510855.212.96$319
Apr 201517349.822.71$468
Mar 201516342.892.93$478
Feb 20159144.662.98$271
Jan 201512343.433.10$381
Dec 201415354.693.59$549
Nov 201415370.464.25$651
Oct 201411078.303.90$429
Sep 20146986.164.05$279
Aug 20149889.394.04$395
Jul 201417496.564.18$727
Jun 201418698.164.74$881
May 201417394.734.73$818
Apr 201415495.944.81$741
Mar 201415195.895.06$764
Feb 201410797.406.19$663
Jan 201417190.404.86$831
Dec 201318891.824.35$819
Nov 201318088.853.74$673
Oct 201317797.423.78$669
Sep 2013166104.113.72$617
Aug 2013173104.253.52$609
Jul 2013177102.523.72$658
Jun 201318194.403.93$712
May 201310894.834.15$448
Apr 201314293.964.28$608
Mar 201313393.623.91$520
Feb 201312391.233.42$421
Jan 201314491.603.42$492
Dec 201216886.773.42$575
Nov 201217686.953.62$638
Oct 201218389.383.40$622
Sep 201217294.672.92$502
Aug 201218092.662.91$523
Jul 201217885.133.02$538
Jun 201218279.822.52$458
May 201219191.612.49$475
Apr 2012184101.652.00$367
Mar 2012177105.052.22$393
Feb 2012160101.102.57$411
Jan 20129498.092.73$257
Dec 20119796.873.24$314
Nov 201120995.723.31$692
Oct 201121584.983.65$784
Sep 201121083.623.99$837
Aug 201121583.404.15$892
Jul 201119894.144.52$894
Jun 201121392.904.64$988
May 201122598.134.40$991
Apr 2011180105.964.33$780
Mar 201118296.364.06$738
Feb 201113785.644.18$573
Jan 201116786.504.59$766
Dec 201020985.734.35$909
Nov 201021580.843.80$816
Oct 201020978.103.51$733
Sep 201019472.633.98$772
Aug 201020073.684.42$884
Jul 201020172.554.74$952
Jun 201017270.364.91$845
May 201015771.124.24$665
Apr 201022881.694.12$940
Mar 201022578.394.39$987
Feb 201015273.585.44$827
Jan 201017474.365.96$1,038
Dec 200918571.445.48$1,014
Nov 200921674.593.75$810
Oct 200923172.544.11$949
Sep 200922265.543.06$680
Aug 200922767.423.22$731
Jul 200920961.133.46$724
Jun 20096466.163.90$249
May 200922054.743.93$864
Apr 200920046.773.59$718
Mar 200919742.144.06$800
Feb 200918232.814.63$843
Jan 200920535.865.37$1,101
Dec 200821837.105.98$1,303
Nov 200824355.496.86$1,667
Oct 200825375.246.92$1,751
Sep 2008248101.767.88$1,954
Aug 2008251114.228.48$2,129
Jul 2008250131.0811.39$2,847
Jun 2008248131.3313.03$3,232
May 2008235123.1711.57$2,720
Apr 2008239110.3110.45$2,499
Mar 2008235101.909.66$2,271
Feb 200822192.538.77$1,938
Jan 200820390.388.21$1,666
Dec 200724688.337.30$1,796
Nov 200724591.677.29$1,786
Oct 200727182.856.92$1,876
Sep 200726475.846.24$1,648
Aug 200727469.066.39$1,750
Jul 200728070.906.39$1,789
Jun 200727962.007.55$2,106
May 200723058.747.85$1,805
Apr 200723459.617.81$1,826
Mar 200726056.927.30$1,899
Feb 200720655.108.22$1,693
Jan 200721350.306.73$1,433
Dec 200628356.656.92$1,958
Nov 200631854.207.62$2,422
Oct 200634754.906.01$2,087
Sep 200630760.085.04$1,546
Aug 200629768.717.34$2,180
Jul 200635469.376.34$2,245
Jun 200632166.286.38$2,049
May 200634566.016.42$2,217
Apr 200634564.397.36$2,539
Mar 200631056.707.08$2,196
Feb 200625557.597.75$1,977
Jan 200630560.598.93$2,725
Dec 200533954.9413.42$4,548
Nov 200537954.6910.59$4,013
Oct 200540058.3413.80$5,518
Sep 200539261.4512.08$4,735
Aug 200536361.519.80$3,556
Jul 200537455.697.84$2,934
Jun 200510752.337.38$790
May 200523345.226.65$1,550
Apr 200534949.207.36$2,569
Mar 200533950.377.15$2,426
Feb 200530845.226.31$1,944
Jan 200534443.166.32$2,175
Dec 200433939.866.75$2,289
Nov 200439145.286.33$2,475
Oct 200441349.706.52$2,691
Sep 200440943.245.28$2,161
Aug 200442742.375.55$2,370
Jul 200441638.286.08$2,531
Jun 200442436.106.43$2,728
May 200436537.486.49$2,371
Apr 200442134.475.86$2,466
Mar 200444534.365.53$2,461
Feb 200433532.455.51$1,846
Jan 200441432.036.30$2,608
Dec 200343630.266.30$2,748
Nov 200344828.804.60$2,059
Oct 200345328.174.76$2,156
Sep 200341626.314.75$1,976
Aug 200345929.765.13$2,355
Jul 200314929.415.17$770
Jun 2003028.565.98$0
May 2003026.595.97$0
Apr 2003026.675.41$0
Mar 2003031.146.10$0
Feb 200333933.487.93$2,687
Jan 200342430.315.58$2,367
Dec 200241426.914.85$2,009
Nov 200248924.664.14$2,023
Oct 200252926.464.23$2,237
Sep 200249027.443.64$1,781
Aug 200244125.963.16$1,395
Jul 200253224.583.06$1,629
Jun 200240423.733.34$1,349
May 200251124.663.58$1,831
Apr 200250123.653.51$1,760
Mar 200251722.003.10$1,604
Feb 200235618.222.38$846
Jan 200242017.172.38$998
Dec 200150616.932.36$1,196
Nov 200147118.072.41$1,133
Oct 200118919.782.53$478
Sep 200155724.262.25$1,254
Aug 200156724.873.05$1,731
Jul 200156023.933.20$1,790
Jun 200157424.563.82$2,195
May 200158025.524.31$2,498
Apr 200147224.685.34$2,518
Mar 200151124.545.38$2,747
Feb 200152227.755.77$3,010
Jan 200154827.478.40$4,603
Dec 200059226.889.12$5,401
Nov 200061932.215.66$3,502
Oct 200072231.235.15$3,715
Sep 200067531.875.19$3,501
Aug 200059829.644.54$2,715
Jul 200071928.534.09$2,941
Jun 200059829.304.40$2,630
May 200066727.263.68$2,454
Apr 200066224.513.12$2,063
Mar 200075428.422.86$2,156
Feb 200064027.622.73$1,745
Jan 200069425.272.48$1,721
Dec 199966824.282.42$1,619
Nov 199996123.192.43$2,339
Oct 199990620.982.80$2,540
Sep 199960721.752.62$1,590
Aug 19994519.262.88$129
Jul 19993117.892.37$74
Jun 19993115.942.36$73
May 1999115.792.32$2
Apr 1999115.102.21$2
Mar 1999612.471.84$11
Feb 1999209.981.82$36
Jan 19999410.381.90$179
Dec 19982289.201.77$404
Nov 199818610.892.19$407
Oct 199811712.421.97$230
Sep 19985112.592.08$106
Aug 199812211.301.91$233
Jul 19983611.742.24$81
Jun 199830411.242.24$680
May 199815612.622.21$344
Apr 1998613.042.51$15
Mar 19988112.802.31$187
Feb 199815213.952.30$349
Jan 199831214.702.15$672
Dec 199759516.322.41$1,435
Nov 199748618.193.09$1,501
Oct 199748819.253.15$1,537
Sep 199767917.742.95$2,006
Aug 199768017.862.55$1,737
Jul 199766717.582.25$1,499
Jun 199786617.242.26$1,955
May 199768318.972.31$1,577
Apr 199749217.882.08$1,025
Mar 199766118.951.94$1,282
Feb 199756320.492.21$1,242
Jan 199766023.483.54$2,336
Dec 199665823.32—$0
Nov 199662421.97—$0
Oct 199676323.31—$0
Sep 199654822.22—$0
Aug 199675020.26—$0
Jul 19961,01719.55—$0
Jun 19961,11518.73—$0
May 19961,15019.43—$0
Apr 199692221.51—$0
Mar 199682719.38—$0
Feb 199688316.98—$0
Jan 199688317.07—$0
Dec 19951,07417.19—$0
Nov 19951,11616.00—$0
Oct 19951,27215.43—$0
Sep 199593216.18—$0
Aug 19951,14515.92—$0
Jul 199571215.24—$0
Jun 199584216.41—$0
May 199595517.56—$0
Apr 19951,30117.73—$0
Mar 19951,27816.44—$0
Feb 19951,38916.58—$0
Jan 19951,71015.92—$0
Dec 19941,65715.03—$0
Nov 19942,06015.90—$0
Oct 19941,95315.58—$0
Sep 19941,84815.29—$0
Aug 19941,86716.13—$0
Jul 19942,10717.56—$0
Jun 19941,74817.09—$0
May 19942,08615.88—$0
Apr 19942,05814.14—$0
Mar 19941,80912.46—$0
Feb 19941,81012.50—$0
Jan 19941,88112.66—$0
Dec 19931,88912.33—$0
Nov 19931,92414.49—$0
Oct 19932,11115.85—$0
Sep 19932,15615.03—$0
Aug 19931,78315.66—$0
Jul 19932,04515.46—$0
Jun 19931,74916.79—$0
May 19932,31817.68—$0
Apr 19932,14518.05—$0
Mar 19932,81318.14—$0
Feb 19931,83617.90—$0
Jan 19931,81716.93—$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
Gas                  127 Mcf  × $  2.87 =       $364

────────────────────────────────────────────────────
Month total                                     $364

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/119172 is the state's own key, not one this site invented.