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 119173District 10Field 68831001NGPA filingGasSaveExport
Value, all time
$2.1 M
Jan 1993 – May 2026
Value, last 12 filed months
$21 k
at the published price for each month
Months reported
401
no gaps in the span
Streams
1
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 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
GasProduction580,757 Mcf$2,056,802
Total$2,056,802

153,744 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 35.5601, -101.9294. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.56010, -101.92942 · 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
2,930 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 2,930 ft.

Completions filed
May 2003
1 of 1 wells

1 well

42-3753120910 J2,930 ftMay 2003

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 202649898.932.87$1,429
Mar 202651989.753.15$1,635
Feb 202647763.503.75$1,789
Jan 202646259.138.00$3,695
Dec 202551456.664.41$2,268
Nov 202550358.593.93$1,975
Oct 202552059.383.30$1,719
Sep 202551962.743.08$1,597
Aug 202550763.933.01$1,528
Jul 202552066.743.32$1,724
Jun 202551166.483.13$1,599
May 202553060.553.23$1,713
Apr 202546962.363.54$1,662
Mar 202553367.704.27$2,275
Feb 202548470.884.34$2,101
Jan 202552274.324.28$2,233
Dec 202452768.993.12$1,645
Nov 202450869.052.20$1,117
Oct 202452971.372.28$1,207
Sep 202451969.612.36$1,227
Aug 202453875.632.06$1,110
Jul 202455679.932.15$1,194
Jun 202453178.082.63$1,399
May 202454578.812.20$1,198
Apr 202452484.451.66$869
Mar 202453280.301.55$822
Feb 202450476.091.78$899
Jan 202454673.023.30$1,801
Dec 202355671.262.61$1,452
Nov 202344077.892.81$1,235
Oct 202357885.443.09$1,784
Sep 202357689.042.74$1,575
Aug 202360280.522.67$1,609
Jul 202340274.852.64$1,062
Jun 202357968.962.26$1,308
May 202358670.622.23$1,305
Apr 202357378.122.24$1,282
Mar 202358872.852.39$1,407
Feb 202352775.112.47$1,299
Jan 202358576.533.39$1,982
Dec 202262176.415.73$3,558
Nov 202256285.005.65$3,173
Oct 202259387.185.86$3,477
Sep 202259984.888.16$4,890
Aug 202261994.529.13$5,650
Jul 2022625101.587.54$4,714
Jun 2022593115.097.98$4,730
May 2022610109.378.43$5,144
Apr 2022588104.226.84$4,021
Mar 2022597108.885.08$3,031
Feb 202253191.054.86$2,580
Jan 202258681.844.54$2,659
Dec 202162571.323.90$2,437
Nov 202160977.435.24$3,189
Oct 202164379.795.71$3,674
Sep 202163669.865.35$3,403
Aug 202166666.024.22$2,811
Jul 202166970.783.98$2,664
Jun 202166169.493.38$2,235
May 202170763.483.02$2,133
Apr 202141160.362.76$1,134
Mar 202164061.302.72$1,739
Feb 202129657.805.55$1,642
Jan 202164850.412.81$1,821
Dec 202066044.642.68$1,766
Nov 202057238.772.71$1,548
Oct 202059036.972.48$1,462
Sep 202063137.091.99$1,256
Aug 202064739.982.39$1,543
Jul 202066438.371.83$1,212
Jun 202064034.901.69$1,082
May 202066216.921.81$1,201
Apr 202063114.751.80$1,139
Mar 202065330.341.86$1,212
Feb 202060249.881.98$1,192
Jan 202065257.252.09$1,366
Dec 2019059.012.30$0
Nov 201962755.302.75$1,725
Oct 201966853.472.42$1,616
Sep 201965255.052.66$1,733
Aug 2019053.112.30$0
Jul 201968456.272.46$1,683
Jun 201968352.782.49$1,701
May 201971158.482.74$1,948
Apr 201968662.632.75$1,887
Mar 201966856.803.06$2,045
Feb 2019050.852.79$0
Jan 2019046.033.23$0
Dec 2018046.594.19$0
Nov 2018052.934.24$0
Oct 201859861.443.40$2,032
Sep 201871559.543.11$2,222
Aug 201875859.403.07$2,324
Jul 201876865.142.93$2,252
Jun 201875960.183.08$2,335
May 201881665.382.90$2,367
Apr 201882663.842.90$2,396
Mar 201815661.222.79$435
Feb 201880761.782.77$2,232
Jan 201817362.874.01$694
Dec 2017057.272.92$0
Nov 201725555.423.12$795
Oct 201742149.292.98$1,256
Sep 201741647.523.09$1,284
Aug 201757145.373.00$1,716
Jul 201742643.873.09$1,315
Jun 201779742.493.09$2,461
May 201791245.373.26$2,976
Apr 201788447.933.21$2,839
Mar 201787446.772.98$2,608
Feb 201783250.452.95$2,457
Jan 201794849.413.42$3,241
Dec 201685448.763.72$3,179
Nov 201695742.492.64$2,531
Oct 20161,03546.193.09$3,198
Sep 201668841.553.10$2,133
Aug 201691141.442.92$2,664
Jul 201686041.622.92$2,515
Jun 20161,00845.352.69$2,707
May 201691342.521.99$1,818
Apr 201690636.561.99$1,804
Mar 20161,00333.011.79$1,799
Feb 201690726.472.06$1,872
Jan 20161,02527.352.36$2,423
Dec 20151,00532.362.00$2,011
Nov 20151,01738.792.17$2,204
Oct 20151,01843.552.43$2,470
Sep 20151,04042.992.76$2,869
Aug 20151,06940.162.87$3,071
Jul 20151,13848.152.95$3,352
Jun 20151,18056.152.88$3,402
May 201562355.212.96$1,841
Apr 20151,11449.822.71$3,015
Mar 20151,07142.892.93$3,143
Feb 20151,00744.662.98$2,997
Jan 20151,17143.433.10$3,631
Dec 20141,22154.693.59$4,385
Nov 20141,20870.464.25$5,136
Oct 201485878.303.90$3,347
Sep 201452786.164.05$2,132
Aug 201485289.394.04$3,438
Jul 20141,18396.564.18$4,944
Jun 20141,09498.164.74$5,182
May 20141,24194.734.73$5,866
Apr 201496495.944.81$4,636
Mar 20141,18995.895.06$6,013
Feb 201496397.406.19$5,963
Jan 20141,17290.404.86$5,697
Dec 20131,18891.824.35$5,173
Nov 20131,15988.853.74$4,333
Oct 20131,22697.423.78$4,634
Sep 20131,165104.113.72$4,331
Aug 20131,237104.253.52$4,357
Jul 20131,197102.523.72$4,450
Jun 20131,19994.403.93$4,716
May 201375694.834.15$3,137
Apr 20131,11993.964.28$4,792
Mar 20131,14793.623.91$4,488
Feb 20131,05391.233.42$3,601
Jan 20131,05191.603.42$3,594
Dec 20121,21586.773.42$4,155
Nov 20121,19186.953.62$4,317
Oct 20121,20189.383.40$4,083
Sep 20121,22594.672.92$3,575
Aug 20121,28992.662.91$3,749
Jul 20121,30785.133.02$3,948
Jun 20121,21879.822.52$3,068
May 20121,20691.612.49$3,001
Apr 20121,253101.652.00$2,502
Mar 20121,303105.052.22$2,895
Feb 20121,204101.102.57$3,095
Jan 20121,29298.092.73$3,532
Dec 20111,27496.873.24$4,127
Nov 20111,27195.723.31$4,209
Oct 20111,33184.983.65$4,856
Sep 20111,31083.623.99$5,221
Aug 20111,39283.404.15$5,776
Jul 20111,32294.144.52$5,972
Jun 20111,30992.904.64$6,074
May 20111,40998.134.40$6,206
Apr 20111,201105.964.33$5,204
Mar 20111,36996.364.06$5,555
Feb 20111,16185.644.18$4,853
Jan 20111,36186.504.59$6,245
Dec 20101,37685.734.35$5,983
Nov 20101,34480.843.80$5,101
Oct 20101,35478.103.51$4,751
Sep 20101,41072.633.98$5,611
Aug 20101,51773.684.42$6,704
Jul 20101,55772.554.74$7,375
Jun 20101,32270.364.91$6,492
May 20101,10771.124.24$4,688
Apr 20101,47381.694.12$6,073
Mar 20101,52778.394.39$6,702
Feb 20101,38973.585.44$7,559
Jan 20101,52174.365.96$9,071
Dec 20091,49271.445.48$8,182
Nov 20091,46074.593.75$5,477
Oct 20091,54272.544.11$6,338
Sep 20091,48565.543.06$4,551
Aug 20091,61467.423.22$5,195
Jul 20091,71961.133.46$5,955
Jun 200952066.163.90$2,025
May 20091,36154.743.93$5,343
Apr 20091,44546.773.59$5,184
Mar 20091,51642.144.06$6,153
Feb 20091,41132.814.63$6,537
Jan 20091,56535.865.37$8,406
Dec 20081,56037.105.98$9,324
Nov 20081,50255.496.86$10,304
Oct 20081,59375.246.92$11,027
Sep 20081,622101.767.88$12,777
Aug 20081,613114.228.48$13,683
Jul 20081,709131.0811.39$19,465
Jun 20081,662131.3313.03$21,660
May 20081,644123.1711.57$19,028
Apr 20081,667110.3110.45$17,428
Mar 20081,723101.909.66$16,651
Feb 20081,61692.538.77$14,173
Jan 20081,73290.388.21$14,212
Dec 20071,71988.337.30$12,552
Nov 20071,64591.677.29$11,995
Oct 20071,80582.856.92$12,494
Sep 20071,79375.846.24$11,196
Aug 20071,87069.066.39$11,945
Jul 20071,90470.906.39$12,163
Jun 20071,88662.007.55$14,236
May 20071,84158.747.85$14,445
Apr 20071,80359.617.81$14,073
Mar 20071,95356.927.30$14,261
Feb 20071,73155.108.22$14,222
Jan 20071,96650.306.73$13,225
Dec 20061,85356.656.92$12,820
Nov 20061,85554.207.62$14,130
Oct 20062,02854.906.01$12,196
Sep 20061,88560.085.04$9,495
Aug 20061,90168.717.34$13,953
Jul 20062,18469.376.34$13,853
Jun 20062,10166.286.38$13,413
May 20062,14166.016.42$13,756
Apr 20062,18864.397.36$16,105
Mar 20062,24356.707.08$15,887
Feb 20061,97657.597.75$15,316
Jan 20062,30660.598.93$20,600
Dec 20052,29354.9413.42$30,762
Nov 20052,35354.6910.59$24,915
Oct 20052,51958.3413.80$34,752
Sep 20052,72361.4512.08$32,891
Aug 20052,58461.519.80$25,315
Jul 20052,58755.697.84$20,292
Jun 2005052.337.38$0
May 20051,12945.226.65$7,509
Apr 20052,38849.207.36$17,577
Mar 20052,49250.377.15$17,830
Feb 20052,26945.226.31$14,322
Jan 20052,61643.166.32$16,539
Dec 20042,53739.866.75$17,127
Nov 20042,62345.286.33$16,605
Oct 20042,77449.706.52$18,073
Sep 20042,79143.245.28$14,747
Aug 20042,97242.375.55$16,497
Jul 20043,07438.286.08$18,703
Jun 20043,01236.106.43$19,376
May 20042,66237.486.49$17,289
Apr 20043,05034.475.86$17,868
Mar 20043,33534.365.53$18,443
Feb 20043,23332.455.51$17,813
Jan 20043,72732.036.30$23,479
Dec 20033,66230.266.30$23,077
Nov 20033,86928.804.60$17,779
Oct 20034,21328.174.76$20,052
Sep 20034,47726.314.75$21,263
Aug 20035,23529.765.13$26,854
Jul 20036,13629.415.17$31,728
Jun 20037,68728.565.98$45,991
May 20031,70826.595.97$10,201
Apr 2003026.675.41$0
Mar 2003031.146.10$0
Feb 2003033.487.93$0
Jan 200362130.315.58$3,466
Dec 20021,39326.914.85$6,761
Nov 200294024.664.14$3,889
Oct 200265126.464.23$2,753
Sep 200266727.443.64$2,425
Aug 200261725.963.16$1,952
Jul 200250824.583.06$1,555
Jun 200243323.733.34$1,445
May 200250724.663.58$1,817
Apr 20021,01623.653.51$3,569
Mar 200267822.003.10$2,104
Feb 200291418.222.38$2,171
Jan 200286817.172.38$2,062
Dec 200192816.932.36$2,194
Nov 200179518.072.41$1,912
Oct 200197919.782.53$2,476
Sep 200181824.262.25$1,842
Aug 200177124.873.05$2,354
Jul 200193223.933.20$2,980
Jun 20011,09624.563.82$4,191
May 200185425.524.31$3,678
Apr 200161424.685.34$3,276
Mar 200179724.545.38$4,285
Feb 200185227.755.77$4,914
Jan 200199727.478.40$8,374
Dec 20001,08326.889.12$9,880
Nov 20001,04032.215.66$5,884
Oct 20001,04031.235.15$5,351
Sep 20001,04531.875.19$5,420
Aug 20001,12729.644.54$5,117
Jul 200080728.534.09$3,300
Jun 200095529.304.40$4,199
May 20001,14527.263.68$4,213
Apr 20001,08724.513.12$3,387
Mar 20001,05828.422.86$3,026
Feb 20001,08527.622.73$2,958
Jan 20001,37525.272.48$3,411
Dec 19991,28224.282.42$3,107
Nov 199996923.192.43$2,359
Oct 19991,11020.982.80$3,112
Sep 19991,02121.752.62$2,674
Aug 19991,13419.262.88$3,261
Jul 19991,07417.892.37$2,548
Jun 19991,40015.942.36$3,307
May 19991,29915.792.32$3,015
Apr 19991,20215.102.21$2,654
Mar 19991,61912.471.84$2,976
Feb 19999519.981.82$1,729
Jan 19991,47610.381.90$2,804
Dec 19981,6109.201.77$2,855
Nov 19981,32010.892.19$2,885
Oct 19981,31512.421.97$2,590
Sep 19981,18812.592.08$2,474
Aug 19981,36011.301.91$2,594
Jul 19981,05111.742.24$2,351
Jun 19981,35311.242.24$3,027
May 19981,56312.622.21$3,449
Apr 19981,28413.042.51$3,217
Mar 19981,55212.802.31$3,584
Feb 19981,50513.952.30$3,460
Jan 19981,72314.702.15$3,713
Dec 19971,77416.322.41$4,277
Nov 19971,33018.193.09$4,107
Oct 19971,41019.253.15$4,441
Sep 19971,55817.742.95$4,604
Aug 19971,99617.862.55$5,099
Jul 19971,80917.582.25$4,065
Jun 19971,89817.242.26$4,284
May 19971,84218.972.31$4,252
Apr 19971,89317.882.08$3,943
Mar 19972,02918.951.94$3,935
Feb 19971,82920.492.21$4,035
Jan 19972,04223.483.54$7,228
Dec 19961,86723.32$0
Nov 19961,68421.97$0
Oct 19961,94723.31$0
Sep 19961,38822.22$0
Aug 19961,91520.26$0
Jul 19962,70719.55$0
Jun 19962,24718.73$0
May 19962,57419.43$0
Apr 19961,94421.51$0
Mar 19961,87819.38$0
Feb 19962,17216.98$0
Jan 19962,41017.07$0
Dec 19952,48017.19$0
Nov 19952,35416.00$0
Oct 19952,72215.43$0
Sep 19952,35616.18$0
Aug 19953,07115.92$0
Jul 19951,76715.24$0
Jun 19951,89716.41$0
May 19952,03217.56$0
Apr 19953,38517.73$0
Mar 19953,31616.44$0
Feb 19953,05416.58$0
Jan 19953,57215.92$0
Dec 19943,58715.03$0
Nov 19943,53715.90$0
Oct 19943,93915.58$0
Sep 19943,75515.29$0
Aug 19943,96416.13$0
Jul 19944,21817.56$0
Jun 19944,28317.09$0
May 19943,06215.88$0
Apr 19943,86514.14$0
Mar 19944,02612.46$0
Feb 19943,66712.50$0
Jan 19944,26512.66$0
Dec 19934,20212.33$0
Nov 19934,11414.49$0
Oct 19934,38915.85$0
Sep 19933,47615.03$0
Aug 19933,72915.66$0
Jul 19934,35015.46$0
Jun 19934,03116.79$0
May 19934,48117.68$0
Apr 19934,68018.05$0
Mar 19934,39918.14$0
Feb 19934,35617.90$0
Jan 19934,63016.93$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                  498 Mcf  × $  2.87 =     $1,429

────────────────────────────────────────────────────
Month total                                   $1,429

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/119173 is the state's own key, not one this site invented.