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 168387District 10Field 68831001GasSaveExport
Value, all time
$1.5 M
Apr 1998 – May 2026
Value, last 12 filed months
$20 k
at the published price for each month
Months reported
338
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
GasProduction285,535 Mcf$1,455,400
Total$1,455,400

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 35.5465, -101.9654. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.54645, -101.96537 · 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
2,988 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 2,988 ft.

Completions filed
May 1999
1 of 1 wells

1 well

42-37531542J 132,988 ftMay 1999

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 (338)

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

338 months

May 20260106.413.05$0
Apr 202644498.932.87$1,274
Mar 202638389.753.15$1,206
Feb 202645063.503.75$1,688
Jan 202649659.138.00$3,967
Dec 202550056.664.41$2,207
Nov 202547358.593.93$1,857
Oct 202552359.383.30$1,728
Sep 202554562.743.08$1,677
Aug 202546863.933.01$1,411
Jul 202552366.743.32$1,734
Jun 202549366.483.13$1,542
May 202550860.553.23$1,642
Apr 202551662.363.54$1,828
Mar 202547167.704.27$2,010
Feb 202546370.884.34$2,010
Jan 202552174.324.28$2,229
Dec 202452568.993.12$1,639
Nov 202452069.052.20$1,143
Oct 202445271.372.28$1,031
Sep 202438769.612.36$915
Aug 202441775.632.06$861
Jul 202442879.932.15$919
Jun 202441478.082.63$1,090
May 202443378.812.20$952
Apr 202441684.451.66$690
Mar 202442380.301.55$654
Feb 202440776.091.78$726
Jan 202444873.023.30$1,477
Dec 202347771.262.61$1,245
Nov 202348577.892.81$1,362
Oct 202347585.443.09$1,466
Sep 202347189.042.74$1,288
Aug 202350380.522.67$1,344
Jul 202345174.852.64$1,191
Jun 202347368.962.26$1,068
May 202352170.622.23$1,160
Apr 202351578.122.24$1,152
Mar 202358672.852.39$1,402
Feb 202350975.112.47$1,255
Jan 202356276.533.39$1,904
Dec 202260376.415.73$3,455
Nov 202257585.005.65$3,247
Oct 202261187.185.86$3,583
Sep 202260184.888.16$4,906
Aug 202263794.529.13$5,814
Jul 2022620101.587.54$4,676
Jun 2022562115.097.98$4,483
May 2022585109.378.43$4,933
Apr 2022569104.226.84$3,891
Mar 2022569108.885.08$2,888
Feb 202249991.054.86$2,425
Jan 202255181.844.54$2,500
Dec 202162371.323.90$2,429
Nov 202154777.435.24$2,865
Oct 202161179.795.71$3,491
Sep 202161769.865.35$3,302
Aug 202163466.024.22$2,676
Jul 202163270.783.98$2,517
Jun 202163269.493.38$2,137
May 202169663.483.02$2,100
Apr 202140760.362.76$1,123
Mar 202167761.302.72$1,839
Feb 202133757.805.55$1,870
Jan 202159550.412.81$1,672
Dec 202059744.642.68$1,597
Nov 202053838.772.71$1,456
Oct 202053536.972.48$1,326
Sep 202061137.091.99$1,217
Aug 202064339.982.39$1,534
Jul 202065438.371.83$1,194
Jun 202060034.901.69$1,014
May 202061116.921.81$1,109
Apr 202058014.751.80$1,047
Mar 202058330.341.86$1,082
Feb 202052749.881.98$1,044
Jan 202061357.252.09$1,284
Dec 2019059.012.30$0
Nov 201958155.302.75$1,598
Oct 201958953.472.42$1,425
Sep 201963255.052.66$1,679
Aug 2019053.112.30$0
Jul 201964356.272.46$1,582
Jun 201959752.782.49$1,487
May 201963358.482.74$1,735
Apr 201942062.632.75$1,155
Mar 201953856.803.06$1,647
Feb 2019050.852.79$0
Jan 2019046.033.23$0
Dec 2018046.594.19$0
Nov 2018052.934.24$0
Oct 201858961.443.40$2,001
Sep 201860059.543.11$1,865
Aug 201862359.403.07$1,910
Jul 201861665.142.93$1,806
Jun 201863760.183.08$1,960
May 201868865.382.90$1,996
Apr 201872663.842.90$2,106
Mar 201818661.222.79$518
Feb 201865261.782.77$1,804
Jan 201883962.874.01$3,364
Dec 201788657.272.92$2,588
Nov 201779955.423.12$2,492
Oct 201740149.292.98$1,196
Sep 201734247.523.09$1,056
Aug 201762545.373.00$1,878
Jul 201742143.873.09$1,300
Jun 201761742.493.09$1,905
May 201764745.373.26$2,111
Apr 201754947.933.21$1,763
Mar 201764046.772.98$1,910
Feb 201756750.452.95$1,674
Jan 201760649.413.42$2,072
Dec 201663948.763.72$2,379
Nov 201666242.492.64$1,751
Oct 201653446.193.09$1,650
Sep 201667141.553.10$2,081
Aug 201665641.442.92$1,918
Jul 201670541.622.92$2,062
Jun 201662045.352.69$1,665
May 201664642.521.99$1,286
Apr 201658336.561.99$1,161
Mar 201666933.011.79$1,200
Feb 201658926.472.06$1,215
Jan 201666327.352.36$1,568
Dec 201565632.362.00$1,313
Nov 201556138.792.17$1,216
Oct 201566843.552.43$1,621
Sep 201569942.992.76$1,928
Aug 201571140.162.87$2,042
Jul 201561748.152.95$1,817
Jun 201572356.152.88$2,084
May 201556655.212.96$1,673
Apr 201575449.822.71$2,041
Mar 201585142.892.93$2,497
Feb 201564944.662.98$1,932
Jan 201569743.433.10$2,161
Dec 201473154.693.59$2,625
Nov 201474370.464.25$3,159
Oct 201470478.303.90$2,746
Sep 201471986.164.05$2,909
Aug 201452189.394.04$2,102
Jul 201456296.564.18$2,349
Jun 201457098.164.74$2,700
May 201463294.734.73$2,987
Apr 201462195.944.81$2,986
Mar 201466395.895.06$3,353
Feb 201460997.406.19$3,771
Jan 201472290.404.86$3,509
Dec 201355691.824.35$2,421
Nov 201372688.853.74$2,714
Oct 201380597.423.78$3,042
Sep 2013805104.113.72$2,993
Aug 2013734104.253.52$2,586
Jul 2013770102.523.72$2,863
Jun 201380594.403.93$3,166
May 201370894.834.15$2,938
Apr 201343493.964.28$1,859
Mar 201381093.623.91$3,169
Feb 201374691.233.42$2,551
Jan 201380691.603.42$2,756
Dec 201281586.773.42$2,787
Nov 201280986.953.62$2,933
Oct 201283789.383.40$2,846
Sep 201280594.672.92$2,349
Aug 201285692.662.91$2,489
Jul 201288785.133.02$2,679
Jun 201281279.822.52$2,045
May 201282591.612.49$2,053
Apr 2012814101.652.00$1,625
Mar 2012863105.052.22$1,918
Feb 2012854101.102.57$2,195
Jan 201290598.092.73$2,474
Dec 201192696.873.24$3,000
Nov 201184995.723.31$2,811
Oct 201189584.983.65$3,265
Sep 201191283.623.99$3,635
Aug 201194083.404.15$3,900
Jul 201189794.144.52$4,052
Jun 201192492.904.64$4,287
May 201196998.134.40$4,268
Apr 2011998105.964.33$4,325
Mar 20111,02796.364.06$4,167
Feb 201190585.644.18$3,783
Jan 201197986.504.59$4,492
Dec 201096085.734.35$4,174
Nov 201084080.843.80$3,188
Oct 201095678.103.51$3,355
Sep 201097672.633.98$3,884
Aug 20101,06373.684.42$4,698
Jul 20101,12072.554.74$5,305
Jun 20101,10870.364.91$5,441
May 201083871.124.24$3,549
Apr 20101,04481.694.12$4,304
Mar 20101,01978.394.39$4,472
Feb 201090573.585.44$4,925
Jan 20101,02374.365.96$6,101
Dec 20091,07471.445.48$5,890
Nov 20091,00774.593.75$3,778
Oct 20091,05272.544.11$4,324
Sep 20091,03565.543.06$3,172
Aug 200981367.423.22$2,617
Jul 200998761.133.46$3,419
Jun 20091,13766.163.90$4,429
May 20091,09754.743.93$4,307
Apr 20091,07546.773.59$3,857
Mar 20091,07742.144.06$4,372
Feb 200995932.814.63$4,443
Jan 20091,10735.865.37$5,946
Dec 20081,16737.105.98$6,975
Nov 20081,14455.496.86$7,848
Oct 20081,19475.246.92$8,265
Sep 20081,168101.767.88$9,200
Aug 20081,236114.228.48$10,485
Jul 20081,272131.0811.39$14,487
Jun 20081,242131.3313.03$16,187
May 20081,255123.1711.57$14,526
Apr 20081,092110.3110.45$11,417
Mar 20081,296101.909.66$12,525
Feb 20081,23892.538.77$10,858
Jan 20081,28490.388.21$10,536
Dec 20071,21488.337.30$8,865
Nov 20071,25091.677.29$9,115
Oct 20071,35882.856.92$9,400
Sep 20071,38075.846.24$8,617
Aug 20071,15569.066.39$7,378
Jul 20071,32870.906.39$8,483
Jun 20071,38562.007.55$10,455
May 20071,23658.747.85$9,698
Apr 20071,20559.617.81$9,405
Mar 20071,36856.927.30$9,989
Feb 20071,21155.108.22$9,950
Jan 20071,42750.306.73$9,599
Dec 20061,33056.656.92$9,202
Nov 20061,36254.207.62$10,375
Oct 20061,48454.906.01$8,924
Sep 20061,46360.085.04$7,369
Aug 20061,49368.717.34$10,959
Jul 20061,62669.376.34$10,313
Jun 20061,65066.286.38$10,533
May 20061,46066.016.42$9,381
Apr 20061,36664.397.36$10,054
Mar 20061,68356.707.08$11,921
Feb 20061,67957.597.75$13,014
Jan 20061,84160.598.93$16,446
Dec 20051,86654.9413.42$25,033
Nov 20051,78854.6910.59$18,932
Oct 20051,98858.3413.80$27,426
Sep 20052,02661.4512.08$24,472
Aug 20051,11061.519.80$10,874
Jul 20051,29355.697.84$10,142
Jun 2005052.337.38$0
May 200559445.226.65$3,951
Apr 20051,36249.207.36$10,025
Mar 20051,45050.377.15$10,375
Feb 20051,30245.226.31$8,218
Jan 20051,48743.166.32$9,401
Dec 20041,61939.866.75$10,930
Nov 20041,46945.286.33$9,299
Oct 20041,29649.706.52$8,444
Sep 200493343.245.28$4,930
Aug 20041,53442.375.55$8,515
Jul 20041,51838.286.08$9,236
Jun 20041,63436.106.43$10,512
May 20041,67337.486.49$10,865
Apr 20041,46334.475.86$8,571
Mar 20041,53234.365.53$8,472
Feb 20041,71432.455.51$9,443
Jan 20042,72032.036.30$17,135
Dec 20032,86630.266.30$18,061
Nov 20033,46028.804.60$15,899
Oct 20033,49828.174.76$16,649
Sep 20032,67826.314.75$12,719
Aug 20032,09729.765.13$10,757
Jul 20032,10029.415.17$10,859
Jun 20031,58128.565.98$9,459
May 20031,86226.595.97$11,121
Apr 20031,67026.675.41$9,030
Mar 20031,95731.146.10$11,930
Feb 20031,28633.487.93$10,193
Jan 2003130.315.58$6
Dec 2002726.914.85$34
Nov 2002024.664.14$0
Oct 2002026.464.23$0
Sep 2002027.443.64$0
Aug 2002025.963.16$0
Jul 2002024.583.06$0
Jun 2002023.733.34$0
May 2002024.663.58$0
Apr 2002023.653.51$0
Mar 20023622.003.10$112
Feb 20021,22018.222.38$2,898
Jan 20021,82417.172.38$4,333
Dec 20011,63616.932.36$3,868
Nov 20011,82518.072.41$4,390
Oct 20012,06419.782.53$5,220
Sep 20012,29824.262.25$5,174
Aug 20011,37424.873.05$4,195
Jul 20011,79623.933.20$5,742
Jun 20011,93824.563.82$7,411
May 20011,84425.524.31$7,943
Apr 20011,98224.685.34$10,575
Mar 20012,16024.545.38$11,613
Feb 20011,91527.755.77$11,044
Jan 20012,30627.478.40$19,368
Dec 20001,73226.889.12$15,800
Nov 20001,79232.215.66$10,139
Oct 20002,12631.235.15$10,939
Sep 20002,06631.875.19$10,715
Aug 20002,34129.644.54$10,630
Jul 20002,28828.534.09$9,357
Jun 20002,08429.304.40$9,164
May 2000027.263.68$0
Apr 2000024.513.12$0
Mar 2000028.422.86$0
Feb 2000027.622.73$0
Jan 2000025.272.48$0
Dec 1999024.282.42$0
Nov 1999023.192.43$0
Oct 1999020.982.80$0
Sep 1999021.752.62$0
Aug 1999019.262.88$0
Jul 1999017.892.37$0
Jun 1999015.942.36$0
May 1999015.792.32$0
Apr 1999015.102.21$0
Mar 1999012.471.84$0
Feb 199909.981.82$0
Jan 1999010.381.90$0
Dec 199809.201.77$0
Nov 1998010.892.19$0
Oct 1998012.421.97$0
Sep 1998012.592.08$0
Aug 1998011.301.91$0
Jul 1998011.742.24$0
Jun 1998011.242.24$0
May 1998012.622.21$0
Apr 1998013.042.51$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                  444 Mcf  × $  2.87 =     $1,274

────────────────────────────────────────────────────
Month total                                   $1,274

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/168387 is the state's own key, not one this site invented.