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 145534District 10Field 68831001GasSaveExport
Value, all time
$1.4 M
May 1993 – May 2026
Value, last 12 filed months
$18 k
at the published price for each month
Months reported
397
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.

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
GasProduction446,918 Mcf$1,411,676
Total$1,411,676

111,228 Mcf of this lease's gas, across 42 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 35.5083, -101.8443. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.50826, -101.84434 · 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
3,000 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 3,000 ft.

Completions filed
May 1993
1 of 1 wells

1 well

42-37531395F 23,000 ftMay 1993

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 (397)

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

397 months

May 20260106.413.05$0
Apr 202642198.932.87$1,208
Mar 202638389.753.15$1,206
Feb 202638863.503.75$1,455
Jan 202644959.138.00$3,591
Dec 202545056.664.41$1,986
Nov 202544158.593.93$1,732
Oct 202545859.383.30$1,514
Sep 202544462.743.08$1,366
Aug 202546763.933.01$1,408
Jul 202546466.743.32$1,538
Jun 202545766.483.13$1,430
May 202544260.553.23$1,429
Apr 202537462.363.54$1,325
Mar 202530767.704.27$1,310
Feb 202526970.884.34$1,168
Jan 202542574.324.28$1,818
Dec 202445468.993.12$1,417
Nov 202447069.052.20$1,033
Oct 202450371.372.28$1,148
Sep 202443669.612.36$1,031
Aug 202445275.632.06$933
Jul 202447279.932.15$1,013
Jun 202445978.082.63$1,209
May 202444978.812.20$987
Apr 202436484.451.66$604
Mar 202436080.301.55$556
Feb 202434076.091.78$606
Jan 202446273.023.30$1,524
Dec 202348471.262.61$1,264
Nov 202347077.892.81$1,320
Oct 202349585.443.09$1,528
Sep 202352089.042.74$1,422
Aug 202346080.522.67$1,230
Jul 202370974.852.64$1,873
Jun 202348468.962.26$1,093
May 202347370.622.23$1,054
Apr 202338378.122.24$857
Mar 202338972.852.39$931
Feb 202335775.112.47$880
Jan 202350276.533.39$1,701
Dec 202249976.415.73$2,859
Nov 202248785.005.65$2,750
Oct 202251287.185.86$3,002
Sep 202249184.888.16$4,008
Aug 202250694.529.13$4,618
Jul 2022528101.587.54$3,982
Jun 2022491115.097.98$3,917
May 2022486109.378.43$4,098
Apr 2022399104.226.84$2,728
Mar 2022393108.885.08$1,995
Feb 202240391.054.86$1,958
Jan 202250481.844.54$2,287
Dec 202152471.323.90$2,043
Nov 202147377.435.24$2,477
Oct 202150879.795.71$2,903
Sep 202152069.865.35$2,782
Aug 202154366.024.22$2,292
Jul 202153370.783.98$2,122
Jun 202151669.493.38$1,744
May 202154163.483.02$1,633
Apr 202129960.362.76$825
Mar 202123461.302.72$636
Feb 202120157.805.55$1,115
Jan 202145550.412.81$1,279
Dec 202044744.642.68$1,196
Nov 202040838.772.71$1,104
Oct 202038936.972.48$964
Sep 202040537.091.99$806
Aug 202044039.982.39$1,049
Jul 202044238.371.83$807
Jun 202046134.901.69$779
May 202038416.921.81$697
Apr 202030714.751.80$554
Mar 202051430.341.86$954
Feb 202043149.881.98$854
Jan 202046557.252.09$974
Dec 2019059.012.30$0
Nov 201955855.302.75$1,535
Oct 201957153.472.42$1,381
Sep 201953855.052.66$1,430
Aug 2019053.112.30$0
Jul 201913856.272.46$339
Jun 2019052.782.49$0
May 2019058.482.74$0
Apr 2019062.632.75$0
Mar 20196956.803.06$211
Feb 2019050.852.79$0
Jan 2019046.033.23$0
Dec 2018046.594.19$0
Nov 2018052.934.24$0
Oct 201850461.443.40$1,713
Sep 201848859.543.11$1,517
Aug 201850659.403.07$1,552
Jul 201851765.142.93$1,516
Jun 201850560.183.08$1,554
May 201826765.382.90$775
Apr 201844363.842.90$1,285
Mar 20188061.222.79$223
Feb 201838861.782.77$1,073
Jan 201851962.874.01$2,081
Dec 201753257.272.92$1,554
Nov 201758555.423.12$1,824
Oct 201729949.292.98$892
Sep 201736247.523.09$1,118
Aug 201737445.373.00$1,124
Jul 201722343.873.09$688
Jun 201752742.493.09$1,627
May 201747245.373.26$1,540
Apr 201740447.933.21$1,297
Mar 201740346.772.98$1,202
Feb 201744050.452.95$1,299
Jan 201758449.413.42$1,997
Dec 201652448.763.72$1,951
Nov 201655542.492.64$1,468
Oct 201647646.193.09$1,471
Sep 201635541.553.10$1,101
Aug 201649241.442.92$1,439
Jul 201649241.622.92$1,439
Jun 201650245.352.69$1,348
May 201650842.521.99$1,011
Apr 201648236.561.99$960
Mar 201650133.011.79$899
Feb 201641326.472.06$852
Jan 201653527.352.36$1,265
Dec 201559632.362.00$1,193
Nov 201555438.792.17$1,201
Oct 201557343.552.43$1,390
Sep 201554842.992.76$1,512
Aug 201555940.162.87$1,606
Jul 201556448.152.95$1,661
Jun 201555956.152.88$1,612
May 201524955.212.96$736
Apr 201544049.822.71$1,191
Mar 201545542.892.93$1,335
Feb 201535444.662.98$1,054
Jan 201553043.433.10$1,643
Dec 201464054.693.59$2,298
Nov 201456370.464.25$2,394
Oct 201458478.303.90$2,278
Sep 201426686.164.05$1,076
Aug 201434089.394.04$1,372
Jul 201457596.564.18$2,403
Jun 201456998.164.74$2,695
May 201456094.734.73$2,647
Apr 201440995.944.81$1,967
Mar 201461795.895.06$3,120
Feb 201456397.406.19$3,486
Jan 201463690.404.86$3,091
Dec 201362791.824.35$2,730
Nov 201357888.853.74$2,161
Oct 201360597.423.78$2,287
Sep 2013576104.113.72$2,141
Aug 2013585104.253.52$2,061
Jul 2013605102.523.72$2,249
Jun 201359294.403.93$2,329
May 201336094.834.15$1,494
Apr 201362193.964.28$2,659
Mar 201367593.623.91$2,641
Feb 201361991.233.42$2,117
Jan 201366491.603.42$2,271
Dec 201265386.773.42$2,233
Nov 201261386.953.62$2,222
Oct 201260789.383.40$2,064
Sep 201262094.672.92$1,809
Aug 201263892.662.91$1,855
Jul 201264085.133.02$1,933
Jun 201260579.822.52$1,524
May 201256291.612.49$1,398
Apr 2012510101.652.00$1,018
Mar 2012537105.052.22$1,193
Feb 2012567101.102.57$1,457
Jan 201268798.092.73$1,878
Dec 201167896.873.24$2,197
Nov 201165195.723.31$2,156
Oct 201166584.983.65$2,426
Sep 201164383.623.99$2,563
Aug 201166183.404.15$2,743
Jul 201158794.144.52$2,652
Jun 201164592.904.64$2,993
May 201167898.134.40$2,986
Apr 2011487105.964.33$2,110
Mar 201158396.364.06$2,365
Feb 201152685.644.18$2,199
Jan 201171486.504.59$3,276
Dec 201071785.734.35$3,117
Nov 201068280.843.80$2,588
Oct 201070178.103.51$2,460
Sep 201068972.633.98$2,742
Aug 201070873.684.42$3,129
Jul 201064972.554.74$3,074
Jun 201054070.364.91$2,652
May 201039271.124.24$1,660
Apr 201060981.694.12$2,511
Mar 201067878.394.39$2,976
Feb 201057473.585.44$3,124
Jan 201067674.365.96$4,032
Dec 200977271.445.48$4,233
Nov 200972374.593.75$2,712
Oct 200975372.544.11$3,095
Sep 200971165.543.06$2,179
Aug 200972167.423.22$2,321
Jul 200971861.133.46$2,488
Jun 200922066.163.90$857
May 200967754.743.93$2,658
Apr 200963246.773.59$2,267
Mar 200963042.144.06$2,557
Feb 200959432.814.63$2,752
Jan 200973035.865.37$3,921
Dec 200878737.105.98$4,704
Nov 200874255.496.86$5,090
Oct 200875575.246.92$5,226
Sep 2008744101.767.88$5,861
Aug 2008767114.228.48$6,506
Jul 2008754131.0811.39$8,588
Jun 2008733131.3313.03$9,553
May 2008746123.1711.57$8,634
Apr 2008814110.3110.45$8,510
Mar 2008701101.909.66$6,775
Feb 200881992.538.77$7,183
Jan 200885790.388.21$7,032
Dec 200782988.337.30$6,053
Nov 200774491.677.29$5,425
Oct 200780082.856.92$5,538
Sep 200750075.846.24$3,122
Aug 200754969.066.39$3,507
Jul 200716670.906.39$1,060
Jun 200791862.007.55$6,929
May 200792158.747.85$7,226
Apr 200796659.617.81$7,540
Mar 20071,01956.927.30$7,441
Feb 200795155.108.22$7,813
Jan 200796750.306.73$6,505
Dec 200689956.656.92$6,220
Nov 200684754.207.62$6,452
Oct 200695954.906.01$5,767
Sep 20061,15860.085.04$5,833
Aug 20061,30368.717.34$9,564
Jul 20061,41969.376.34$9,000
Jun 20061,34666.286.38$8,593
May 20061,30566.016.42$8,385
Apr 20061,27764.397.36$9,399
Mar 20061,32356.707.08$9,371
Feb 20061,31457.597.75$10,185
Jan 20061,28460.598.93$11,470
Dec 20051,46954.9413.42$19,707
Nov 20051,45554.6910.59$15,406
Oct 20051,51458.3413.80$20,887
Sep 20051,47861.4512.08$17,853
Aug 20051,25161.519.80$12,256
Jul 200576755.697.84$6,016
Jun 2005052.337.38$0
May 200566145.226.65$4,396
Apr 20051,30049.207.36$9,569
Mar 20051,18650.377.15$8,486
Feb 200588445.226.31$5,580
Jan 20051,74443.166.32$11,026
Dec 20041,74439.866.75$11,774
Nov 20041,68545.286.33$10,667
Oct 20041,96849.706.52$12,822
Sep 20041,86543.245.28$9,854
Aug 20041,82142.375.55$10,108
Jul 20041,49638.286.08$9,102
Jun 20041,45536.106.43$9,360
May 20041,28537.486.49$8,346
Apr 20041,12134.475.86$6,567
Mar 20041,40334.365.53$7,759
Feb 20041,15632.455.51$6,369
Jan 20041,11432.036.30$7,018
Dec 20031,44130.266.30$9,081
Nov 20031,53828.804.60$7,067
Oct 20031,26928.174.76$6,040
Sep 20031,43926.314.75$6,834
Aug 20031,31929.765.13$6,766
Jul 20031,33629.415.17$6,908
Jun 20031,27328.565.98$7,616
May 20031,38426.595.97$8,266
Apr 20031,33226.675.41$7,203
Mar 200394731.146.10$5,773
Feb 200392233.487.93$7,308
Jan 20031,53230.315.58$8,552
Dec 20021,88526.914.85$9,149
Nov 20021,38424.664.14$5,726
Oct 20021,24326.464.23$5,257
Sep 20021,72127.443.64$6,256
Aug 20021,56325.963.16$4,946
Jul 20021,77524.583.06$5,435
Jun 20021,60023.733.34$5,341
May 20021,88024.663.58$6,738
Apr 20021,46823.653.51$5,156
Mar 20022,15522.003.10$6,686
Feb 20021,67118.222.38$3,970
Jan 20021,45317.172.38$3,452
Dec 20011,45816.932.36$3,447
Nov 20011,92618.072.41$4,633
Oct 20012,13019.782.53$5,387
Sep 20012,27424.262.25$5,120
Aug 20012,19324.873.05$6,696
Jul 20012,63523.933.20$8,424
Jun 20012,47024.563.82$9,446
May 20012,34025.524.31$10,079
Apr 20011,17324.685.34$6,258
Mar 20011,41524.545.38$7,608
Feb 20011,51027.755.77$8,708
Jan 20012,03827.478.40$17,117
Dec 20001,66426.889.12$15,180
Nov 20002,20632.215.66$12,482
Oct 20002,38131.235.15$12,251
Sep 20002,26231.875.19$11,732
Aug 20002,12629.644.54$9,654
Jul 20002,39828.534.09$9,807
Jun 20002,06529.304.40$9,080
May 20002,53627.263.68$9,332
Apr 20003,15424.513.12$9,828
Mar 20002,49128.422.86$7,124
Feb 20002,04227.622.73$5,568
Jan 20002,35525.272.48$5,842
Dec 19992,50424.282.42$6,069
Nov 19992,52723.192.43$6,151
Oct 19992,57620.982.80$7,222
Sep 19992,53621.752.62$6,641
Aug 19992,93219.262.88$8,431
Jul 19992,78417.892.37$6,605
Jun 19992,57915.942.36$6,092
May 19992,48215.792.32$5,761
Apr 19992,95415.102.21$6,523
Mar 19993,11012.471.84$5,717
Feb 19992,7639.981.82$5,023
Jan 19992,70110.381.90$5,132
Dec 19983,1509.201.77$5,586
Nov 19983,06110.892.19$6,690
Oct 19983,43812.421.97$6,770
Sep 19983,60512.592.08$7,508
Aug 19983,67711.301.91$7,013
Jul 19983,47911.742.24$7,783
Jun 19983,20311.242.24$7,166
May 19983,55712.622.21$7,848
Apr 19983,56813.042.51$8,939
Mar 19983,86112.802.31$8,917
Feb 19983,22013.952.30$7,403
Jan 19982,75214.702.15$5,930
Dec 199721216.322.41$511
Nov 199744718.193.09$1,380
Oct 199730519.253.15$961
Sep 19971,08917.742.95$3,218
Aug 19971,22717.862.55$3,135
Jul 19971,09317.582.25$2,456
Jun 19971,85017.242.26$4,176
May 19971,39218.972.31$3,213
Apr 199743317.882.08$902
Mar 199790818.951.94$1,761
Feb 199737320.492.21$823
Jan 19971,24623.483.54$4,410
Dec 199692023.32$0
Nov 19961,03821.97$0
Oct 19961,06323.31$0
Sep 199678222.22$0
Aug 19961,93620.26$0
Jul 19963,79519.55$0
Jun 19963,13218.73$0
May 19964,02319.43$0
Apr 19963,15021.51$0
Mar 19961,87719.38$0
Feb 19962,10116.98$0
Jan 19962,72017.07$0
Dec 19951,42517.19$0
Nov 19951,54616.00$0
Oct 19951,66115.43$0
Sep 19951,01616.18$0
Aug 199584315.92$0
Jul 1995015.24$0
Jun 19951,05816.41$0
May 19952,85317.56$0
Apr 19953,19617.73$0
Mar 19952,78116.44$0
Feb 19951,63316.58$0
Jan 19951,73415.92$0
Dec 19942,92715.03$0
Nov 19943,68015.90$0
Oct 19945,16615.58$0
Sep 19944,05715.29$0
Aug 19944,22116.13$0
Jul 19944,49717.56$0
Jun 19941,90417.09$0
May 19942,32715.88$0
Apr 19942,08914.14$0
Mar 19943,73412.46$0
Feb 19943,44812.50$0
Jan 19944,70412.66$0
Dec 19934,39612.33$0
Nov 19931,59214.49$0
Oct 19931,81115.85$0
Sep 19932,97715.03$0
Aug 19934,33415.66$0
Jul 19934,28215.46$0
Jun 19932,79916.79$0
May 1993017.68$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                  421 Mcf  × $  2.87 =     $1,208

────────────────────────────────────────────────────
Month total                                   $1,208

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/145534 is the state's own key, not one this site invented.