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 150929District 10Field 68831001GasSaveExport
Value, all time
$11.7 M
Sep 1994 – May 2026
Value, last 12 filed months
$114 k
at the published price for each month
Months reported
381
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
GasProduction3,166,476 Mcf$11,663,921
Total$11,663,921

441,659 Mcf of this lease's gas, across 26 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 35.5760, -101.7488. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.57596, -101.74878 · 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
2,951 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 2,951 ft.

Completions filed
May 2001
1 of 1 wells

1 well

42-37531432B1102,951 ftMay 2001

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 (381)

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

381 months

May 20260106.413.05$0
Apr 20262,69598.932.87$7,734
Mar 20262,81889.753.15$8,875
Feb 20262,51163.503.75$9,417
Jan 20262,62259.138.00$20,971
Dec 20252,75756.664.41$12,168
Nov 20252,75758.593.93$10,825
Oct 20252,90459.383.30$9,597
Sep 20252,87962.743.08$8,858
Aug 20252,43363.933.01$7,335
Jul 20252,85466.743.32$9,462
Jun 20252,79266.483.13$8,735
May 20252,85560.553.23$9,228
Apr 20252,77262.363.54$9,822
Mar 20252,86867.704.27$12,242
Feb 20252,41970.884.34$10,500
Jan 20252,49574.324.28$10,675
Dec 20242,60268.993.12$8,122
Nov 20242,58869.052.20$5,690
Oct 20242,86371.372.28$6,532
Sep 20242,87069.612.36$6,786
Aug 20243,00275.632.06$6,195
Jul 20243,04379.932.15$6,532
Jun 20242,91578.082.63$7,678
May 20242,72478.812.20$5,989
Apr 20242,84884.451.66$4,725
Mar 20242,86780.301.55$4,430
Feb 20242,66176.091.78$4,746
Jan 20242,69073.023.30$8,871
Dec 20233,00671.262.61$7,848
Nov 20233,01877.892.81$8,473
Oct 20233,17785.443.09$9,808
Sep 20232,98889.042.74$8,172
Aug 20233,22280.522.67$8,612
Jul 20235,38274.852.64$14,218
Jun 20232,51868.962.26$5,687
May 20232,84470.622.23$6,335
Apr 20232,85878.122.24$6,396
Mar 20232,82672.852.39$6,763
Feb 20232,56075.112.47$6,312
Jan 20232,81576.533.39$9,536
Dec 20222,86076.415.73$16,385
Nov 20222,87085.005.65$16,205
Oct 20223,08087.185.86$18,060
Sep 20223,00584.888.16$24,532
Aug 20223,16794.529.13$28,906
Jul 20222,883101.587.54$21,744
Jun 20222,807115.097.98$22,392
May 20222,771109.378.43$23,368
Apr 20222,778104.226.84$18,995
Mar 20222,826108.885.08$14,346
Feb 20222,44091.054.86$11,856
Jan 20222,52781.844.54$11,467
Dec 20212,92371.323.90$11,397
Nov 20212,75977.435.24$14,448
Oct 20213,06679.795.71$17,519
Sep 20213,07669.865.35$16,459
Aug 20213,19066.024.22$13,464
Jul 20212,69370.783.98$10,724
Jun 20212,95569.493.38$9,990
May 20212,99063.483.02$9,023
Apr 20211,69960.362.76$4,687
Mar 20211,99561.302.72$5,420
Feb 20211,40957.805.55$7,817
Jan 20212,96650.412.81$8,335
Dec 20202,96044.642.68$7,919
Nov 20202,60138.772.71$7,040
Oct 20203,16436.972.48$7,842
Sep 20203,45337.091.99$6,875
Aug 20203,52339.982.39$8,403
Jul 20203,25538.371.83$5,941
Jun 20203,39334.901.69$5,735
May 20203,22316.921.81$5,849
Apr 20203,32314.751.80$5,996
Mar 20203,45330.341.86$6,410
Feb 20203,15049.881.98$6,239
Jan 20203,30757.252.09$6,927
Dec 2019059.012.30$0
Nov 20193,24355.302.75$8,921
Oct 20192,75253.472.42$6,656
Sep 20193,39155.052.66$9,011
Aug 2019053.112.30$0
Jul 20193,80756.272.46$9,365
Jun 20193,86552.782.49$9,628
May 20193,69958.482.74$10,136
Apr 20191,99762.632.75$5,493
Mar 20193,53156.803.06$10,812
Feb 2019050.852.79$0
Jan 2019046.033.23$0
Dec 2018046.594.19$0
Nov 2018052.934.24$0
Oct 20183,42361.443.40$11,632
Sep 20183,57059.543.11$11,096
Aug 20183,72759.403.07$11,429
Jul 20183,71465.142.93$10,889
Jun 20183,55360.183.08$10,932
May 20183,75365.382.90$10,887
Apr 20183,78363.842.90$10,974
Mar 20181,09461.222.79$3,049
Feb 20183,48261.782.77$9,632
Jan 20183,93162.874.01$15,761
Dec 20173,32557.272.92$9,714
Nov 20173,96855.423.12$12,374
Oct 20171,62949.292.98$4,860
Sep 20172,13447.523.09$6,588
Aug 20171,91745.373.00$5,759
Jul 20171,16743.873.09$3,603
Jun 20173,25042.493.09$10,034
May 20173,40045.373.26$11,096
Apr 20173,41147.933.21$10,955
Mar 20171,50846.772.98$4,499
Feb 20172,38550.452.95$7,042
Jan 20173,44449.413.42$11,774
Dec 20163,69048.763.72$13,737
Nov 20163,81142.492.64$10,078
Oct 20163,91846.193.09$12,108
Sep 20162,37141.553.10$7,352
Aug 20162,66541.442.92$7,793
Jul 20164,70041.622.92$13,744
Jun 20164,46045.352.69$11,979
May 20164,36442.521.99$8,689
Apr 20164,47036.561.99$8,900
Mar 20164,75133.011.79$8,523
Feb 20164,28326.472.06$8,839
Jan 20164,69927.352.36$11,110
Dec 20154,72232.362.00$9,451
Nov 20154,74938.792.17$10,293
Oct 20155,05043.552.43$12,254
Sep 20155,09642.992.76$14,057
Aug 20154,80040.162.87$13,788
Jul 20155,20448.152.95$15,326
Jun 20155,07756.152.88$14,636
May 20154,21055.212.96$12,442
Apr 20154,94349.822.71$13,379
Mar 20154,98942.892.93$14,641
Feb 20154,00144.662.98$11,908
Jan 20155,44143.433.10$16,871
Dec 20145,37754.693.59$19,311
Nov 20144,60370.464.25$19,571
Oct 20145,13778.303.90$20,039
Sep 20145,37686.164.05$21,748
Aug 20144,19289.394.04$16,915
Jul 20144,50896.564.18$18,842
Jun 20143,69398.164.74$17,493
May 20145,34694.734.73$25,268
Apr 20145,61095.944.81$26,979
Mar 20145,95495.895.06$30,108
Feb 20142,97297.406.19$18,403
Jan 2014090.404.86$0
Dec 2013091.824.35$0
Nov 20131,15588.853.74$4,318
Oct 20135,76797.423.78$21,796
Sep 20135,655104.113.72$21,024
Aug 20135,701104.253.52$20,082
Jul 20135,562102.523.72$20,678
Jun 20135,57494.403.93$21,925
May 20134,24294.834.15$17,600
Apr 201326993.964.28$1,152
Mar 20135,66193.623.91$22,151
Feb 20135,20991.233.42$17,814
Jan 20135,69391.603.42$19,470
Dec 20125,90286.773.42$20,186
Nov 20125,56886.953.62$20,184
Oct 20126,04189.383.40$20,537
Sep 20125,86494.672.92$17,114
Aug 20126,10792.662.91$17,760
Jul 20126,17185.133.02$18,641
Jun 20125,35379.822.52$13,484
May 20124,43391.612.49$11,031
Apr 20125,992101.652.00$11,965
Mar 20126,209105.052.22$13,797
Feb 20125,756101.102.57$14,794
Jan 20126,11398.092.73$16,713
Dec 20116,13296.873.24$19,866
Nov 20115,76295.723.31$19,080
Oct 20116,39984.983.65$23,347
Sep 20116,07083.623.99$24,194
Aug 20116,22883.404.15$25,842
Jul 20115,82494.144.52$26,308
Jun 20116,08292.904.64$28,220
May 20116,56398.134.40$28,909
Apr 20115,921105.964.33$25,657
Mar 20116,32596.364.06$25,663
Feb 20115,91785.644.18$24,733
Jan 20116,11786.504.59$28,070
Dec 20105,62185.734.35$24,439
Nov 20106,71280.843.80$25,474
Oct 20107,17278.103.51$25,166
Sep 20107,02672.633.98$27,960
Aug 20107,10173.684.42$31,382
Jul 20107,05672.554.74$33,421
Jun 20106,79570.364.91$33,366
May 20106,22971.124.24$26,381
Apr 20106,59481.694.12$27,185
Mar 20107,19578.394.39$31,576
Feb 20106,37373.585.44$34,684
Jan 20107,09474.365.96$42,309
Dec 20096,89271.445.48$37,794
Nov 20097,24474.593.75$27,176
Oct 20097,55572.544.11$31,053
Sep 20097,31365.543.06$22,413
Aug 20097,40567.423.22$23,833
Jul 20097,52661.133.46$26,074
Jun 20097,17966.163.90$27,962
May 20097,46154.743.93$29,290
Apr 20097,51946.773.59$26,974
Mar 20097,43842.144.06$30,191
Feb 20097,14332.814.63$33,094
Jan 20097,92235.865.37$42,549
Dec 20087,88937.105.98$47,154
Nov 20087,74055.496.86$53,099
Oct 20088,01375.246.92$55,466
Sep 20087,988101.767.88$62,922
Aug 20088,269114.228.48$70,146
Jul 20088,323131.0811.39$94,794
Jun 20087,948131.3313.03$103,583
May 20088,114123.1711.57$93,914
Apr 20088,219110.3110.45$85,928
Mar 20088,501101.909.66$82,154
Feb 20088,10192.538.77$71,050
Jan 20088,04490.388.21$66,007
Dec 20078,38888.337.30$61,249
Nov 20078,55791.677.29$62,395
Oct 20078,97782.856.92$62,139
Sep 20078,77475.846.24$54,786
Aug 20079,06569.066.39$57,907
Jul 20079,03870.906.39$57,734
Jun 20079,14462.007.55$69,023
May 20077,96058.747.85$62,456
Apr 20078,44359.617.81$65,899
Mar 20079,47556.927.30$69,186
Feb 20078,53655.108.22$70,132
Jan 20079,24050.306.73$62,156
Dec 20068,58056.656.92$59,360
Nov 20069,58054.207.62$72,975
Oct 200610,03254.906.01$60,330
Sep 20069,66460.085.04$48,680
Aug 20069,34668.717.34$68,599
Jul 200610,30469.376.34$65,356
Jun 20069,93566.286.38$63,424
May 200610,01166.016.42$64,321
Apr 200610,08664.397.36$74,238
Mar 200610,58456.707.08$74,966
Feb 20069,81957.597.75$76,108
Jan 200610,74660.598.93$95,997
Dec 200511,00354.9413.42$147,610
Nov 200510,82254.6910.59$114,588
Oct 200510,98058.3413.80$151,477
Sep 200510,75561.4512.08$129,910
Aug 200511,41261.519.80$111,802
Jul 20058,63755.697.84$67,746
Jun 2005552.337.38$37
May 20055,27645.226.65$35,092
Apr 200510,81049.207.36$79,567
Mar 200510,81950.377.15$77,409
Feb 20059,58945.226.31$60,525
Jan 200511,05543.166.32$69,892
Dec 200410,39239.866.75$70,157
Nov 200410,95345.286.33$69,337
Oct 200411,83149.706.52$77,080
Sep 200410,28143.245.28$54,324
Aug 200412,18042.375.55$67,607
Jul 200411,57038.286.08$70,394
Jun 200411,67336.106.43$75,093
May 200411,27137.486.49$73,200
Apr 200412,64134.475.86$74,057
Mar 200411,57034.365.53$63,984
Feb 200411,45332.455.51$63,102
Jan 200413,09632.036.30$82,500
Dec 200312,41630.266.30$78,241
Nov 200312,63528.804.60$58,060
Oct 200313,09028.174.76$62,304
Sep 200313,02326.314.75$61,851
Aug 200312,32429.765.13$63,219
Jul 200313,52929.415.17$69,956
Jun 200312,49728.565.98$74,769
May 200313,03526.595.97$77,854
Apr 200313,78226.675.41$74,523
Mar 200313,33931.146.10$81,315
Feb 200312,45433.487.93$98,709
Jan 20039,19430.315.58$51,321
Dec 200210,22026.914.85$49,605
Nov 200212,28624.664.14$50,827
Oct 200214,96826.464.23$63,301
Sep 200214,68027.443.64$53,365
Aug 200213,91325.963.16$44,023
Jul 200216,45524.583.06$50,381
Jun 200211,83323.733.34$39,501
May 200216,68224.663.58$59,788
Apr 200216,40023.653.51$57,602
Mar 200212,63122.003.10$39,190
Feb 200214,58118.222.38$34,640
Jan 200217,68917.172.38$42,023
Dec 200117,79416.932.36$42,072
Nov 200116,05118.072.41$38,611
Oct 200117,74319.782.53$44,870
Sep 200115,22524.262.25$34,276
Aug 200114,98724.873.05$45,758
Jul 200117,84123.933.20$57,039
Jun 200115,73124.563.82$60,158
May 20017,62925.524.31$32,861
Apr 20011,36124.685.34$7,261
Mar 200111,31024.545.38$60,808
Feb 200115,20127.755.77$87,665
Jan 200113,97027.478.40$117,331
Dec 200010,41926.889.12$95,047
Nov 200012,85032.215.66$72,705
Oct 200015,21031.235.15$78,263
Sep 200013,97931.875.19$72,502
Aug 200011,91329.644.54$54,094
Jul 200010,18928.534.09$41,670
Jun 20009,85429.304.40$43,331
May 200014,12327.263.68$51,969
Apr 200017,02424.513.12$53,047
Mar 200016,50128.422.86$47,189
Feb 200015,60527.622.73$42,547
Jan 200017,61425.272.48$43,692
Dec 199916,36224.282.42$39,657
Nov 199920,13023.192.43$48,996
Oct 199918,20420.982.80$51,039
Sep 19999,82521.752.62$25,730
Aug 199919,27919.262.88$55,439
Jul 199919,99117.892.37$47,426
Jun 199915,66315.942.36$36,998
May 199918,85515.792.32$43,763
Apr 199915,75315.102.21$34,783
Mar 199917,57812.471.84$32,314
Feb 199915,5429.981.82$28,252
Jan 199917,91110.381.90$34,030
Dec 199817,3529.201.77$30,771
Nov 199820,76810.892.19$45,393
Oct 199817,22612.421.97$33,922
Sep 199819,56012.592.08$40,736
Aug 199820,48311.301.91$39,068
Jul 199818,81711.742.24$42,099
Jun 199819,18911.242.24$42,931
May 199819,10812.622.21$42,159
Apr 199820,56713.042.51$51,527
Mar 199818,70912.802.31$43,207
Feb 199819,76613.952.30$45,445
Jan 199819,06514.702.15$41,081
Dec 199720,71516.322.41$49,946
Nov 199721,35318.193.09$65,944
Oct 199719,91319.253.15$62,722
Sep 199720,85917.742.95$61,636
Aug 199721,30417.862.55$54,426
Jul 199724,02217.582.25$53,976
Jun 199711,33717.242.26$25,590
May 199715,99018.972.31$36,913
Apr 199715,77317.882.08$32,852
Mar 199720,20618.951.94$39,182
Feb 199719,32720.492.21$42,633
Jan 199720,18323.483.54$71,442
Dec 199620,49323.32$0
Nov 199620,59721.97$0
Oct 199624,70523.31$0
Sep 199623,93422.22$0
Aug 199625,03820.26$0
Jul 199624,91719.55$0
Jun 199613,44718.73$0
May 19967,84219.43$0
Apr 199614,80121.51$0
Mar 199610,04219.38$0
Feb 199612,07116.98$0
Jan 199617,07917.07$0
Dec 199517,40617.19$0
Nov 199516,91116.00$0
Oct 199517,90515.43$0
Sep 199517,54716.18$0
Aug 199518,74615.92$0
Jul 199520,45215.24$0
Jun 199519,56416.41$0
May 199520,38517.56$0
Apr 199518,20617.73$0
Mar 199521,25316.44$0
Feb 199517,40516.58$0
Jan 199517,07015.92$0
Dec 19943,70615.03$0
Nov 1994015.90$0
Oct 1994015.58$0
Sep 199413715.29$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                2,695 Mcf  × $  2.87 =     $7,734

────────────────────────────────────────────────────
Month total                                   $7,734

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/150929 is the state's own key, not one this site invented.