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 148831District 10Field 68831001GasSaveExport
Value, all time
$2.8 M
Mar 1994 – May 2026
Value, last 12 filed months
$15 k
at the published price for each month
Months reported
387
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
GasProduction964,131 Mcf$2,804,144
Total$2,804,144

246,467 Mcf of this lease's gas, across 32 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 35.6309, -101.7630. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.63095, -101.76300 · 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
2,728 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 2,728 ft.

Completions filed
Feb 2000
1 of 1 wells

1 well

42-34132321A 422,728 ftFeb 2000

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 (387)

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

387 months

May 20260106.413.05$0
Apr 202632498.932.87$930
Mar 202634289.753.15$1,077
Feb 202628663.503.75$1,073
Jan 202634059.138.00$2,719
Dec 202533256.664.41$1,465
Nov 202531558.593.93$1,237
Oct 202529559.383.30$975
Sep 202531362.743.08$963
Aug 202527963.933.01$841
Jul 202581666.743.32$2,705
Jun 202547766.483.13$1,492
May 202548160.553.23$1,555
Apr 202513562.363.54$478
Mar 202522667.704.27$965
Feb 202513370.884.34$577
Jan 202546174.324.28$1,972
Dec 202456068.993.12$1,748
Nov 202453469.052.20$1,174
Oct 202454571.372.28$1,243
Sep 202453669.612.36$1,267
Aug 202454575.632.06$1,125
Jul 202460079.932.15$1,288
Jun 202459878.082.63$1,575
May 202455578.812.20$1,220
Apr 202453684.451.66$889
Mar 202455980.301.55$864
Feb 202458276.091.78$1,038
Jan 202449573.023.30$1,632
Dec 202367471.262.61$1,760
Nov 202364477.892.81$1,808
Oct 202367585.443.09$2,084
Sep 202366189.042.74$1,808
Aug 202369080.522.67$1,844
Jul 202374874.852.64$1,976
Jun 202360468.962.26$1,364
May 202362970.622.23$1,401
Apr 202355978.122.24$1,251
Mar 202357872.852.39$1,383
Feb 202356175.112.47$1,383
Jan 202366976.533.39$2,266
Dec 202266276.415.73$3,793
Nov 202261085.005.65$3,444
Oct 202248487.185.86$2,838
Sep 202259884.888.16$4,882
Aug 202269094.529.13$6,298
Jul 2022689101.587.54$5,196
Jun 2022564115.097.98$4,499
May 2022547109.378.43$4,613
Apr 2022555104.226.84$3,795
Mar 2022444108.885.08$2,254
Feb 202255291.054.86$2,682
Jan 202260381.844.54$2,736
Dec 202166171.323.90$2,577
Nov 202145277.435.24$2,367
Oct 202160879.795.71$3,474
Sep 202153069.865.35$2,836
Aug 202164166.024.22$2,705
Jul 202165070.783.98$2,588
Jun 202161369.493.38$2,072
May 202159263.483.02$1,786
Apr 202132260.362.76$888
Mar 202133561.302.72$910
Feb 202120857.805.55$1,154
Jan 202151350.412.81$1,442
Dec 202057144.642.68$1,528
Nov 202047438.772.71$1,283
Oct 202051636.972.48$1,279
Sep 202054837.091.99$1,091
Aug 202059839.982.39$1,426
Jul 202055838.371.83$1,018
Jun 202053034.901.69$896
May 202049116.921.81$891
Apr 202043314.751.80$781
Mar 202042830.341.86$794
Feb 202036849.881.98$729
Jan 202060357.252.09$1,263
Dec 2019059.012.30$0
Nov 201960055.302.75$1,650
Oct 201961353.472.42$1,483
Sep 201960255.052.66$1,600
Aug 2019053.112.30$0
Jul 201965856.272.46$1,619
Jun 201963552.782.49$1,582
May 201958658.482.74$1,606
Apr 201943262.632.75$1,188
Mar 201938056.803.06$1,164
Feb 2019050.852.79$0
Jan 2019046.033.23$0
Dec 2018046.594.19$0
Nov 2018052.934.24$0
Oct 201862661.443.40$2,127
Sep 201866259.543.11$2,058
Aug 201868959.403.07$2,113
Jul 201869765.142.93$2,044
Jun 201866560.183.08$2,046
May 201868665.382.90$1,990
Apr 201867063.842.90$1,944
Mar 201813761.222.79$382
Feb 201843661.782.77$1,206
Jan 201867562.874.01$2,706
Dec 201761157.272.92$1,785
Nov 201770455.423.12$2,195
Oct 201730549.292.98$910
Sep 201736247.523.09$1,118
Aug 201742645.373.00$1,280
Jul 201712243.873.09$377
Jun 201753942.493.09$1,664
May 201763945.373.26$2,085
Apr 201756847.933.21$1,824
Mar 201759546.772.98$1,775
Feb 201750450.452.95$1,488
Jan 201768849.413.42$2,352
Dec 201666248.763.72$2,465
Nov 201662642.492.64$1,655
Oct 201668146.193.09$2,104
Sep 20164541.553.10$140
Aug 201662741.442.92$1,834
Jul 201666141.622.92$1,933
Jun 201656945.352.69$1,528
May 201660542.521.99$1,205
Apr 201655536.561.99$1,105
Mar 201651433.011.79$922
Feb 201654626.472.06$1,127
Jan 201662727.352.36$1,482
Dec 201571432.362.00$1,429
Nov 201567738.792.17$1,467
Oct 201571743.552.43$1,740
Sep 201570842.992.76$1,953
Aug 201572640.162.87$2,085
Jul 201573548.152.95$2,165
Jun 201573056.152.88$2,104
May 201552655.212.96$1,555
Apr 201568949.822.71$1,865
Mar 201561242.892.93$1,796
Feb 201544144.662.98$1,313
Jan 201569643.433.10$2,158
Dec 201477554.693.59$2,783
Nov 201465570.464.25$2,785
Oct 201468478.303.90$2,668
Sep 201473786.164.05$2,981
Aug 201456289.394.04$2,268
Jul 201477296.564.18$3,227
Jun 201471998.164.74$3,406
May 201474294.734.73$3,507
Apr 201471895.944.81$3,453
Mar 201466995.895.06$3,383
Feb 201460997.406.19$3,771
Jan 201476490.404.86$3,714
Dec 201378191.824.35$3,401
Nov 201376788.853.74$2,867
Oct 201379897.423.78$3,016
Sep 2013792104.113.72$2,944
Aug 2013835104.253.52$2,941
Jul 2013833102.523.72$3,097
Jun 201389794.403.93$3,528
May 201370194.834.15$2,909
Apr 201385793.964.28$3,670
Mar 201380693.623.91$3,154
Feb 201374591.233.42$2,548
Jan 201395591.603.42$3,266
Dec 201284986.773.42$2,904
Nov 201298286.953.62$3,560
Oct 20121,02489.383.40$3,481
Sep 201298894.672.92$2,883
Aug 20121,05392.662.91$3,062
Jul 20121,05085.133.02$3,172
Jun 20121,02679.822.52$2,585
May 201274091.612.49$1,841
Apr 2012961101.652.00$1,919
Mar 2012973105.052.22$2,162
Feb 2012813101.102.57$2,090
Jan 20121,04898.092.73$2,865
Dec 20111,05196.873.24$3,405
Nov 20111,03095.723.31$3,411
Oct 20111,11484.983.65$4,064
Sep 20111,08083.623.99$4,305
Aug 20111,11483.404.15$4,622
Jul 20111,02394.144.52$4,621
Jun 20111,07892.904.64$5,002
May 20111,14798.134.40$5,052
Apr 2011987105.964.33$4,277
Mar 20111,08996.364.06$4,418
Feb 201177485.644.18$3,235
Jan 20111,06886.504.59$4,901
Dec 201086285.734.35$3,748
Nov 20101,08680.843.80$4,122
Oct 20101,12778.103.51$3,955
Sep 20101,09572.633.98$4,358
Aug 20101,13873.684.42$5,029
Jul 20101,14772.554.74$5,433
Jun 201098870.364.91$4,851
May 20101,03771.124.24$4,392
Apr 201097581.694.12$4,020
Mar 201099978.394.39$4,384
Feb 201071073.585.44$3,864
Jan 20101,05874.365.96$6,310
Dec 20091,20471.445.48$6,602
Nov 20091,16974.593.75$4,386
Oct 20091,20472.544.11$4,949
Sep 20091,18565.543.06$3,632
Aug 20091,05467.423.22$3,392
Jul 20091,19261.133.46$4,130
Jun 20091,21366.163.90$4,725
May 20091,15154.743.93$4,519
Apr 20091,14646.773.59$4,111
Mar 20091,13642.144.06$4,611
Feb 20091,02132.814.63$4,730
Jan 20091,32235.865.37$7,100
Dec 20081,36437.105.98$8,153
Nov 200849155.496.86$3,368
Oct 200831475.246.92$2,174
Sep 20081,255101.767.88$9,886
Aug 20081,268114.228.48$10,756
Jul 20081,264131.0811.39$14,396
Jun 20081,126131.3313.03$14,675
May 20081,073123.1711.57$12,419
Apr 20081,109110.3110.45$11,594
Mar 20081,160101.909.66$11,210
Feb 20081,05492.538.77$9,244
Jan 20081,12190.388.21$9,199
Dec 20071,23288.337.30$8,996
Nov 200786491.677.29$6,300
Oct 200796982.856.92$6,707
Sep 200791275.846.24$5,695
Aug 20071,02869.066.39$6,567
Jul 200799170.906.39$6,330
Jun 200798062.007.55$7,397
May 20071,18758.747.85$9,314
Apr 20071,30459.617.81$10,178
Mar 20071,40356.927.30$10,245
Feb 200797655.108.22$8,019
Jan 20071,17650.306.73$7,911
Dec 20061,70956.656.92$11,824
Nov 20061,91754.207.62$14,603
Oct 20061,90354.906.01$11,444
Sep 20061,84660.085.04$9,299
Aug 20061,87668.717.34$13,770
Jul 20061,89469.376.34$12,013
Jun 20061,60866.286.38$10,265
May 20061,74966.016.42$11,237
Apr 20061,47264.397.36$10,835
Mar 20061,93156.707.08$13,677
Feb 20061,48857.597.75$11,534
Jan 20062,02260.598.93$18,063
Dec 20052,16454.9413.42$29,031
Nov 20052,45654.6910.59$26,005
Oct 20052,32558.3413.80$32,075
Sep 20052,59361.4512.08$31,321
Aug 20052,84261.519.80$27,843
Jul 20051,80355.697.84$14,142
Jun 2005052.337.38$0
May 200578445.226.65$5,215
Apr 20051,05849.207.36$7,787
Mar 20051,96350.377.15$14,045
Feb 20051,43245.226.31$9,039
Jan 20052,37043.166.32$14,984
Dec 20042,62339.866.75$17,708
Nov 20042,88445.286.33$18,257
Oct 20042,85049.706.52$18,568
Sep 20042,86843.245.28$15,154
Aug 20042,98042.375.55$16,541
Jul 20042,97338.286.08$18,088
Jun 20042,56736.106.43$16,514
May 20042,70437.486.49$17,561
Apr 20042,64634.475.86$15,501
Mar 20042,62934.365.53$14,539
Feb 20042,69332.455.51$14,837
Jan 20042,98032.036.30$18,773
Dec 20033,09730.266.30$19,516
Nov 20033,11828.804.60$14,328
Oct 20033,60728.174.76$17,168
Sep 20033,52026.314.75$16,718
Aug 20033,32329.765.13$17,046
Jul 20033,18829.415.17$16,485
Jun 20031,05428.565.98$6,306
May 20032,11826.595.97$12,650
Apr 20032,44526.675.41$13,221
Mar 20031,88731.146.10$11,503
Feb 20031,85833.487.93$14,726
Jan 20033,36330.315.58$18,772
Dec 20022,77426.914.85$13,464
Nov 20023,49424.664.14$14,455
Oct 20023,67026.464.23$15,521
Sep 20023,18027.443.64$11,560
Aug 20023,79225.963.16$11,998
Jul 20023,75624.583.06$11,500
Jun 20022,55523.733.34$8,529
May 20023,45624.663.58$12,386
Apr 20023,16223.653.51$11,106
Mar 20023,58122.003.10$11,111
Feb 20023,80718.222.38$9,044
Jan 20024,08817.172.38$9,712
Dec 20014,57316.932.36$10,812
Nov 20014,18818.072.41$10,074
Oct 20015,48319.782.53$13,866
Sep 20015,24124.262.25$11,799
Aug 20015,80724.873.05$17,730
Jul 20015,59823.933.20$17,897
Jun 20014,43524.563.82$16,960
May 20014,30025.524.31$18,521
Apr 20014,85224.685.34$25,887
Mar 20014,87524.545.38$26,210
Feb 20014,80127.755.77$27,688
Jan 20015,66227.478.40$47,554
Dec 20006,03126.889.12$55,018
Nov 20005,34332.215.66$30,231
Oct 20007,34531.235.15$37,794
Sep 20006,29931.875.19$32,670
Aug 20006,90029.644.54$31,331
Jul 20008,01028.534.09$32,759
Jun 20006,63629.304.40$29,180
May 20005,89327.263.68$21,685
Apr 20005,09724.513.12$15,882
Mar 20006,22028.422.86$17,788
Feb 20005,17327.622.73$14,104
Jan 20002,05425.272.48$5,095
Dec 19996,43324.282.42$15,592
Nov 19996,69423.192.43$16,293
Oct 19996,46720.982.80$18,132
Sep 19996,98421.752.62$18,290
Aug 19997,54519.262.88$21,696
Jul 19997,75317.892.37$18,393
Jun 19997,80615.942.36$18,439
May 19995,96615.792.32$13,847
Apr 19995,47515.102.21$12,089
Mar 19996,14412.471.84$11,295
Feb 19994,7939.981.82$8,713
Jan 19995,87810.381.90$11,168
Dec 19987,6279.201.77$13,525
Nov 19988,33510.892.19$18,218
Oct 19988,62712.421.97$16,988
Sep 19989,50812.592.08$19,802
Aug 19989,49111.301.91$18,103
Jul 19989,83311.742.24$21,999
Jun 19988,23911.242.24$18,433
May 19984,54812.622.21$10,034
Apr 19984,51413.042.51$11,309
Mar 19985,70012.802.31$13,164
Feb 19985,57213.952.30$12,811
Jan 19986,56614.702.15$14,148
Dec 19978,78116.322.41$21,172
Nov 19979,17018.193.09$28,319
Oct 19979,60319.253.15$30,248
Sep 19979,89917.742.95$29,250
Aug 199710,84917.862.55$27,716
Jul 199710,98117.582.25$24,674
Jun 19978,66017.242.26$19,547
May 19977,31418.972.31$16,884
Apr 19977,49717.882.08$15,615
Mar 19978,09518.951.94$15,697
Feb 19977,12820.492.21$15,724
Jan 19977,46923.483.54$26,438
Dec 19969,84123.32$0
Nov 199611,04021.97$0
Oct 199612,58723.31$0
Sep 199611,97922.22$0
Aug 199611,56120.26$0
Jul 19969,72619.55$0
Jun 19969,67918.73$0
May 199610,15319.43$0
Apr 19965,44621.51$0
Mar 19964,48419.38$0
Feb 19963,74616.98$0
Jan 19966,41617.07$0
Dec 19956,63817.19$0
Nov 19958,94016.00$0
Oct 19956,96115.43$0
Sep 19956,86416.18$0
Aug 19957,91615.92$0
Jul 19958,47915.24$0
Jun 19957,38916.41$0
May 19955,09117.56$0
Apr 19956,97617.73$0
Mar 19955,76416.44$0
Feb 19953,19716.58$0
Jan 19954,11115.92$0
Dec 19945,17415.03$0
Nov 19945,86615.90$0
Oct 19948,66015.58$0
Sep 19948,39715.29$0
Aug 19948,50616.13$0
Jul 19949,13017.56$0
Jun 19948,72617.09$0
May 19947,02415.88$0
Apr 1994014.14$0
Mar 1994012.46$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                  324 Mcf  × $  2.87 =       $930

────────────────────────────────────────────────────
Month total                                     $930

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/148831 is the state's own key, not one this site invented.