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 148948District 10Field 68831001GasSaveExport
Value, all time
$2.1 M
Apr 1994 – May 2026
Value, last 12 filed months
$11 k
at the published price for each month
Months reported
386
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
GasProduction756,833 Mcf$2,109,129
Total$2,109,129

207,314 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 35.6286, -101.7461. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.62857, -101.74609 · 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
2,760 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 2,760 ft.

Completions filed
Apr 1994
1 of 1 wells

1 well

42-34132315B1072,760 ftApr 1994

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 (386)

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

386 months

May 20260106.413.05$0
Apr 202627098.932.87$775
Mar 202627389.753.15$860
Feb 202624163.503.75$904
Jan 202626659.138.00$2,127
Dec 202528856.664.41$1,271
Nov 202527658.593.93$1,084
Oct 202526159.383.30$863
Sep 202528062.743.08$862
Aug 202526463.933.01$796
Jul 202525066.743.32$829
Jun 202519966.483.13$623
May 202519360.553.23$624
Apr 202510162.363.54$358
Mar 202513767.704.27$585
Feb 20257970.884.34$343
Jan 202527374.324.28$1,168
Dec 202432768.993.12$1,021
Nov 202432469.052.20$712
Oct 202432871.372.28$748
Sep 202432069.612.36$757
Aug 202432175.632.06$662
Jul 202434679.932.15$743
Jun 202434378.082.63$903
May 202432378.812.20$710
Apr 202433984.451.66$562
Mar 202434380.301.55$530
Feb 202433476.091.78$596
Jan 202427373.023.30$900
Dec 202336471.262.61$950
Nov 202335677.892.81$999
Oct 202337385.443.09$1,152
Sep 202336189.042.74$987
Aug 202337480.522.67$1,000
Jul 202397074.852.64$2,563
Jun 202332168.962.26$725
May 202333670.622.23$748
Apr 202332378.122.24$723
Mar 202334072.852.39$814
Feb 202329675.112.47$730
Jan 202334076.533.39$1,152
Dec 202234276.415.73$1,959
Nov 202231985.005.65$1,801
Oct 202225987.185.86$1,519
Sep 202230284.888.16$2,465
Aug 202233494.529.13$3,048
Jul 2022120101.587.54$905
Jun 2022179115.097.98$1,428
May 2022265109.378.43$2,235
Apr 2022289104.226.84$1,976
Mar 2022292108.885.08$1,482
Feb 202228591.054.86$1,385
Jan 202229081.844.54$1,316
Dec 202134571.323.90$1,345
Nov 202129377.435.24$1,534
Oct 202135379.795.71$2,017
Sep 202127769.865.35$1,482
Aug 202137566.024.22$1,583
Jul 202162970.783.98$2,505
Jun 202162469.493.38$2,110
May 202165463.483.02$1,974
Apr 202138960.362.76$1,073
Mar 202149061.302.72$1,331
Feb 202122757.805.55$1,259
Jan 202130250.412.81$849
Dec 202031044.642.68$829
Nov 202039138.772.71$1,058
Oct 202036836.972.48$912
Sep 202036437.091.99$725
Aug 202037939.982.39$904
Jul 202041138.371.83$750
Jun 202041134.901.69$695
May 202047116.921.81$855
Apr 202045514.751.80$821
Mar 202049230.341.86$913
Feb 202041149.881.98$814
Jan 202044757.252.09$936
Dec 2019059.012.30$0
Nov 201943855.302.75$1,205
Oct 201953353.472.42$1,289
Sep 201962855.052.66$1,669
Aug 2019053.112.30$0
Jul 201969956.272.46$1,720
Jun 201970052.782.49$1,744
May 201969758.482.74$1,910
Apr 201954462.632.75$1,496
Mar 201953756.803.06$1,644
Feb 2019050.852.79$0
Jan 2019046.033.23$0
Dec 2018046.594.19$0
Nov 2018052.934.24$0
Oct 201867661.443.40$2,297
Sep 201868759.543.11$2,135
Aug 201871459.403.07$2,190
Jul 201871465.142.93$2,093
Jun 201868160.183.08$2,095
May 201873165.382.90$2,120
Apr 201877763.842.90$2,254
Mar 201819861.222.79$552
Feb 201852061.782.77$1,438
Jan 201869262.874.01$2,774
Dec 201764257.272.92$1,876
Nov 201771855.423.12$2,239
Oct 201735349.292.98$1,053
Sep 201724247.523.09$747
Aug 201738845.373.00$1,166
Jul 201710243.873.09$315
Jun 201738942.493.09$1,201
May 201745845.373.26$1,495
Apr 201744047.933.21$1,413
Mar 201745646.772.98$1,361
Feb 201736150.452.95$1,066
Jan 201747649.413.42$1,627
Dec 201644548.763.72$1,657
Nov 201652842.492.64$1,396
Oct 201660646.193.09$1,873
Sep 20166241.553.10$192
Aug 201644541.442.92$1,301
Jul 201652141.622.92$1,524
Jun 201640545.352.69$1,088
May 201654542.521.99$1,085
Apr 201652536.561.99$1,045
Mar 201647833.011.79$858
Feb 201652326.472.06$1,079
Jan 201651927.352.36$1,227
Dec 201554932.362.00$1,099
Nov 201555038.792.17$1,192
Oct 201570243.552.43$1,703
Sep 201569342.992.76$1,912
Aug 201571240.162.87$2,045
Jul 201571648.152.95$2,109
Jun 201572156.152.88$2,079
May 201554955.212.96$1,623
Apr 201574449.822.71$2,014
Mar 201576042.892.93$2,230
Feb 201553544.662.98$1,592
Jan 201569343.433.10$2,149
Dec 201475754.693.59$2,719
Nov 201466970.464.25$2,844
Oct 201472378.303.90$2,820
Sep 201478186.164.05$3,159
Aug 201460389.394.04$2,433
Jul 201479596.564.18$3,323
Jun 201472398.164.74$3,425
May 201473994.734.73$3,493
Apr 201472995.944.81$3,506
Mar 201472595.895.06$3,666
Feb 201464397.406.19$3,981
Jan 201470690.404.86$3,432
Dec 201379191.824.35$3,444
Nov 201378288.853.74$2,923
Oct 201381597.423.78$3,080
Sep 2013797104.113.72$2,963
Aug 2013823104.253.52$2,899
Jul 2013790102.523.72$2,937
Jun 201380294.403.93$3,155
May 201367994.834.15$2,817
Apr 201381493.964.28$3,486
Mar 201377093.623.91$3,013
Feb 201364491.233.42$2,202
Jan 201382091.603.42$2,804
Dec 201267886.773.42$2,319
Nov 201285886.953.62$3,110
Oct 201288689.383.40$3,012
Sep 201285294.672.92$2,486
Aug 201287092.662.91$2,530
Jul 201287085.133.02$2,628
Jun 201286679.822.52$2,181
May 201261791.612.49$1,535
Apr 2012800101.652.00$1,597
Mar 2012831105.052.22$1,847
Feb 2012739101.102.57$1,899
Jan 201284298.092.73$2,302
Dec 201184996.873.24$2,751
Nov 201180995.723.31$2,679
Oct 201188384.983.65$3,222
Sep 201185483.623.99$3,404
Aug 201192883.404.15$3,851
Jul 201190594.144.52$4,088
Jun 201192592.904.64$4,292
May 201198898.134.40$4,352
Apr 2011908105.964.33$3,935
Mar 20111,03696.364.06$4,203
Feb 201188385.644.18$3,691
Jan 201193486.504.59$4,286
Dec 201079985.734.35$3,474
Nov 201089480.843.80$3,393
Oct 201094478.103.51$3,312
Sep 201092172.633.98$3,665
Aug 201096373.684.42$4,256
Jul 201097872.554.74$4,632
Jun 201083770.364.91$4,110
May 201091471.124.24$3,871
Apr 201095881.694.12$3,950
Mar 201096678.394.39$4,239
Feb 201071073.585.44$3,864
Jan 201093774.365.96$5,588
Dec 200999671.445.48$5,462
Nov 200996174.593.75$3,605
Oct 20091,01272.544.11$4,160
Sep 200999265.543.06$3,040
Aug 200990367.423.22$2,906
Jul 200997761.133.46$3,385
Jun 200997866.163.90$3,809
May 200997154.743.93$3,812
Apr 200993646.773.59$3,358
Mar 200993742.144.06$3,803
Feb 200998132.814.63$4,545
Jan 20091,07235.865.37$5,758
Dec 20081,11037.105.98$6,635
Nov 20081,00455.496.86$6,888
Oct 200887575.246.92$6,057
Sep 20081,047101.767.88$8,247
Aug 20081,067114.228.48$9,051
Jul 20081,051131.0811.39$11,970
Jun 20081,105131.3313.03$14,401
May 20081,118123.1711.57$12,940
Apr 20081,185110.3110.45$12,389
Mar 20081,239101.909.66$11,974
Feb 20081,13392.538.77$9,937
Jan 20081,09690.388.21$8,993
Dec 20071,17688.337.30$8,587
Nov 200780291.677.29$5,848
Oct 200784882.856.92$5,870
Sep 200782975.846.24$5,176
Aug 200794569.066.39$6,037
Jul 20071,01570.906.39$6,484
Jun 20071,02462.007.55$7,730
May 20071,12158.747.85$8,796
Apr 20071,13459.617.81$8,851
Mar 20071,20456.927.30$8,792
Feb 200796755.108.22$7,945
Jan 20071,01450.306.73$6,821
Dec 20061,17156.656.92$8,101
Nov 20061,22554.207.62$9,331
Oct 20061,26954.906.01$7,632
Sep 20061,21460.085.04$6,115
Aug 20061,18868.717.34$8,720
Jul 20061,15769.376.34$7,339
Jun 20061,17966.286.38$7,527
May 20061,34366.016.42$8,629
Apr 20061,24464.397.36$9,156
Mar 20061,33856.707.08$9,477
Feb 20061,08057.597.75$8,371
Jan 20061,39460.598.93$12,453
Dec 20051,35654.9413.42$18,191
Nov 20051,47054.6910.59$15,565
Oct 20051,51458.3413.80$20,887
Sep 20051,59461.4512.08$19,254
Aug 20051,67961.519.80$16,449
Jul 20051,38455.697.84$10,856
Jun 2005052.337.38$0
May 200564145.226.65$4,263
Apr 200599649.207.36$7,331
Mar 20051,96750.377.15$14,074
Feb 20051,38245.226.31$8,723
Jan 20051,63643.166.32$10,343
Dec 20041,71439.866.75$11,571
Nov 20041,84045.286.33$11,648
Oct 20041,83549.706.52$11,955
Sep 20041,89943.245.28$10,034
Aug 20041,96642.375.55$10,913
Jul 20041,81338.286.08$11,031
Jun 20041,89436.106.43$12,184
May 20041,68837.486.49$10,963
Apr 20041,80534.475.86$10,575
Mar 20041,88934.365.53$10,446
Feb 20041,67032.455.51$9,201
Jan 20041,81132.036.30$11,409
Dec 20031,98330.266.30$12,496
Nov 20031,48128.804.60$6,805
Oct 20032,11228.174.76$10,052
Sep 20032,18326.314.75$10,368
Aug 20032,13129.765.13$10,931
Jul 20031,93029.415.17$9,980
Jun 20031,71628.565.98$10,267
May 20032,02326.595.97$12,083
Apr 20032,01326.675.41$10,885
Mar 20031,83131.146.10$11,162
Feb 20031,84233.487.93$14,599
Jan 20031,93030.315.58$10,773
Dec 20022,28026.914.85$11,067
Nov 20022,01224.664.14$8,324
Oct 20021,72226.464.23$7,283
Sep 20022,32527.443.64$8,452
Aug 20022,42325.963.16$7,667
Jul 20022,41324.583.06$7,388
Jun 20022,14923.733.34$7,174
May 20022,73024.663.58$9,784
Apr 20022,64123.653.51$9,276
Mar 20022,91322.003.10$9,038
Feb 20022,20918.222.38$5,248
Jan 20022,44817.172.38$5,816
Dec 20013,09916.932.36$7,327
Nov 20012,74218.072.41$6,596
Oct 20013,36219.782.53$8,502
Sep 20013,00624.262.25$6,767
Aug 20013,63324.873.05$11,092
Jul 20013,80023.933.20$12,149
Jun 20012,93824.563.82$11,235
May 20013,59625.524.31$15,489
Apr 20013,28024.685.34$17,500
Mar 20013,06124.545.38$16,457
Feb 20013,61127.755.77$20,825
Jan 20013,32427.478.40$27,917
Dec 20003,54226.889.12$32,312
Nov 20003,64832.215.66$20,640
Oct 20003,83031.235.15$19,707
Sep 20003,76231.875.19$19,512
Aug 20003,89229.644.54$17,673
Jul 20004,12328.534.09$16,862
Jun 20004,16229.304.40$18,301
May 20004,05327.263.68$14,914
Apr 20004,18524.513.12$13,040
Mar 20003,76528.422.86$10,767
Feb 20004,05627.622.73$11,059
Jan 20004,77625.272.48$11,847
Dec 19994,87724.282.42$11,820
Nov 19995,25923.192.43$12,800
Oct 19994,93420.982.80$13,834
Sep 19994,21121.752.62$11,028
Aug 19995,36819.262.88$15,436
Jul 19995,42217.892.37$12,863
Jun 19994,98515.942.36$11,775
May 19994,33315.792.32$10,057
Apr 19994,63715.102.21$10,239
Mar 19995,35412.471.84$9,842
Feb 19994,9429.981.82$8,984
Jan 19995,00810.381.90$9,515
Dec 19985,1609.201.77$9,150
Nov 19985,62510.892.19$12,295
Oct 19985,81912.421.97$11,459
Sep 19985,77512.592.08$12,027
Aug 19986,35811.301.91$12,127
Jul 19986,25011.742.24$13,983
Jun 19985,98911.242.24$13,399
May 19986,11312.622.21$13,487
Apr 19986,99813.042.51$17,532
Mar 19986,24512.802.31$14,422
Feb 19986,22013.952.30$14,301
Jan 19986,96014.702.15$14,997
Dec 19977,10516.322.41$17,131
Nov 19976,53018.193.09$20,166
Oct 19976,42719.253.15$20,244
Sep 19976,98917.742.95$20,652
Aug 19977,48017.862.55$19,109
Jul 19977,05517.582.25$15,852
Jun 19976,51817.242.26$14,712
May 19976,99318.972.31$16,143
Apr 19977,17317.882.08$14,940
Mar 19977,32318.951.94$14,200
Feb 19977,13620.492.21$15,741
Jan 19977,65323.483.54$27,089
Dec 19968,68923.32$0
Nov 19967,33221.97$0
Oct 19968,83823.31$0
Sep 19968,40522.22$0
Aug 19969,13720.26$0
Jul 19968,73319.55$0
Jun 19967,55618.73$0
May 19969,72519.43$0
Apr 19966,39921.51$0
Mar 19967,72419.38$0
Feb 19966,17816.98$0
Jan 19967,05817.07$0
Dec 19954,97617.19$0
Nov 19956,70516.00$0
Oct 19954,92515.43$0
Sep 19955,01716.18$0
Aug 19955,74815.92$0
Jul 19955,96815.24$0
Jun 19956,76416.41$0
May 19957,18117.56$0
Apr 19955,54717.73$0
Mar 19955,87816.44$0
Feb 19954,89016.58$0
Jan 19953,88915.92$0
Dec 19943,82615.03$0
Nov 19943,88115.90$0
Oct 19946,35615.58$0
Sep 19946,34215.29$0
Aug 19946,50516.13$0
Jul 19946,75117.56$0
Jun 19945,98017.09$0
May 19944,41115.88$0
Apr 1994014.14$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                  270 Mcf  × $  2.87 =       $775

────────────────────────────────────────────────────
Month total                                     $775

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/148948 is the state's own key, not one this site invented.