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 168594District 10Field 68831001GasSaveExport
Value, all time
$123 k
Apr 1998 – May 2026
Value, last 12 filed months
$0
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
GasProduction28,703 Mcf$123,276
Total$123,276

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 35.5172, -101.8685. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.51718, -101.86850 · 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
3,050 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 3,050 ft.

Completions filed
Apr 1998
1 of 1 wells

1 well

42-37531544B1253,050 ftApr 1998

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 2026098.932.87$0
Mar 2026089.753.15$0
Feb 2026063.503.75$0
Jan 2026059.138.00$0
Dec 2025056.664.41$0
Nov 2025058.593.93$0
Oct 2025059.383.30$0
Sep 2025062.743.08$0
Aug 2025063.933.01$0
Jul 2025066.743.32$0
Jun 2025066.483.13$0
May 2025060.553.23$0
Apr 2025062.363.54$0
Mar 2025067.704.27$0
Feb 2025070.884.34$0
Jan 2025074.324.28$0
Dec 2024068.993.12$0
Nov 2024069.052.20$0
Oct 2024071.372.28$0
Sep 2024069.612.36$0
Aug 2024075.632.06$0
Jul 2024079.932.15$0
Jun 2024078.082.63$0
May 2024078.812.20$0
Apr 2024084.451.66$0
Mar 2024080.301.55$0
Feb 2024076.091.78$0
Jan 2024073.023.30$0
Dec 2023071.262.61$0
Nov 2023077.892.81$0
Oct 20235485.443.09$167
Sep 20235389.042.74$145
Aug 20235380.522.67$142
Jul 2023374.852.64$8
Jun 20235468.962.26$122
May 20235370.622.23$118
Apr 20235078.122.24$112
Mar 20235272.852.39$124
Feb 20234675.112.47$113
Jan 20234876.533.39$163
Dec 20225076.415.73$286
Nov 20225185.005.65$288
Oct 20225287.185.86$305
Sep 20225384.888.16$433
Aug 20225694.529.13$511
Jul 202259101.587.54$445
Jun 202262115.097.98$495
May 202258109.378.43$489
Apr 202222104.226.84$150
Mar 202247108.885.08$239
Feb 20224391.054.86$209
Jan 20225381.844.54$241
Dec 20215271.323.90$203
Nov 20215377.435.24$278
Oct 20216179.795.71$349
Sep 20214869.865.35$257
Aug 20216166.024.22$257
Jul 20215770.783.98$227
Jun 20215669.493.38$189
May 20216763.483.02$202
Apr 20214160.362.76$113
Mar 20217761.302.72$209
Feb 20212157.805.55$117
Jan 20215550.412.81$155
Dec 20205744.642.68$153
Nov 20205938.772.71$160
Oct 20204936.972.48$121
Sep 20205837.091.99$115
Aug 20206039.982.39$143
Jul 20206238.371.83$113
Jun 20206034.901.69$101
May 20205816.921.81$105
Apr 20205414.751.80$97
Mar 20205230.341.86$97
Feb 20205149.881.98$101
Jan 20206157.252.09$128
Dec 2019059.012.30$0
Nov 20196155.302.75$168
Oct 20196253.472.42$150
Sep 20196355.052.66$167
Aug 2019053.112.30$0
Jul 20196356.272.46$155
Jun 20196152.782.49$152
May 20196558.482.74$178
Apr 20196562.632.75$179
Mar 20195656.803.06$171
Feb 2019050.852.79$0
Jan 2019046.033.23$0
Dec 2018046.594.19$0
Nov 2018052.934.24$0
Oct 20189861.443.40$333
Sep 20182459.543.11$75
Aug 20186959.403.07$212
Jul 20188965.142.93$261
Jun 20187660.183.08$234
May 20184865.382.90$139
Apr 20186863.842.90$197
Mar 20181561.222.79$42
Feb 20185761.782.77$158
Jan 20187862.874.01$313
Dec 201712957.272.92$377
Nov 201713655.423.12$424
Oct 2017049.292.98$0
Sep 2017047.523.09$0
Aug 2017045.373.00$0
Jul 20172143.873.09$65
Jun 20175142.493.09$157
May 20177345.373.26$238
Apr 20175847.933.21$186
Mar 20175846.772.98$173
Feb 20176250.452.95$183
Jan 20177549.413.42$256
Dec 20169548.763.72$354
Nov 201614842.492.64$391
Oct 2016146.193.09$3
Sep 2016041.553.10$0
Aug 20166341.442.92$184
Jul 20167241.622.92$211
Jun 20166845.352.69$183
May 20167442.521.99$147
Apr 20166536.561.99$129
Mar 20166833.011.79$122
Feb 20166026.472.06$124
Jan 20166927.352.36$163
Dec 20157032.362.00$140
Nov 20156538.792.17$141
Oct 20157043.552.43$170
Sep 20157142.992.76$196
Aug 20157140.162.87$204
Jul 20157548.152.95$221
Jun 20158656.152.88$248
May 20153855.212.96$112
Apr 20156849.822.71$184
Mar 20157442.892.93$217
Feb 20157244.662.98$214
Jan 20157243.433.10$223
Dec 20147054.693.59$251
Nov 20147170.464.25$302
Oct 20148078.303.90$312
Sep 20148686.164.05$348
Aug 20144389.394.04$174
Jul 20147496.564.18$309
Jun 20147198.164.74$336
May 20147494.734.73$350
Apr 20147295.944.81$346
Mar 20147495.895.06$374
Feb 20146197.406.19$378
Jan 20147290.404.86$350
Dec 20137091.824.35$305
Nov 20137188.853.74$265
Oct 20137797.423.78$291
Sep 201374104.113.72$275
Aug 201378104.253.52$275
Jul 201380102.523.72$297
Jun 20139194.403.93$358
May 20135094.834.15$207
Apr 20137493.964.28$317
Mar 20137793.623.91$301
Feb 20137291.233.42$246
Jan 20137791.603.42$263
Dec 20127886.773.42$267
Nov 20127986.953.62$286
Oct 20128589.383.40$289
Sep 20128194.672.92$236
Aug 20128692.662.91$250
Jul 20128585.133.02$257
Jun 20128679.822.52$217
May 20127891.612.49$194
Apr 201283101.652.00$166
Mar 201284105.052.22$187
Feb 201280101.102.57$206
Jan 20128698.092.73$235
Dec 20118596.873.24$275
Nov 20118595.723.31$281
Oct 20119084.983.65$328
Sep 20118983.623.99$355
Aug 20119483.404.15$390
Jul 20118494.144.52$379
Jun 20118692.904.64$399
May 20118998.134.40$392
Apr 201188105.964.33$381
Mar 20118996.364.06$361
Feb 20119485.644.18$393
Jan 20118886.504.59$404
Dec 201010285.734.35$443
Nov 201010280.843.80$387
Oct 20109478.103.51$330
Sep 20109072.633.98$358
Aug 20109373.684.42$411
Jul 20109872.554.74$464
Jun 20109370.364.91$457
May 20108871.124.24$373
Apr 20109981.694.12$408
Mar 20108978.394.39$391
Feb 20107573.585.44$408
Jan 20108674.365.96$513
Dec 20099471.445.48$515
Nov 200910374.593.75$386
Oct 200910772.544.11$440
Sep 200910465.543.06$319
Aug 200910567.423.22$338
Jul 200910861.133.46$374
Jun 200910566.163.90$409
May 200910854.743.93$424
Apr 20099646.773.59$344
Mar 20099742.144.06$394
Feb 20099532.814.63$440
Jan 200910835.865.37$580
Dec 200810337.105.98$616
Nov 200810655.496.86$727
Oct 200810875.246.92$748
Sep 2008102101.767.88$803
Aug 2008106114.228.48$899
Jul 2008106131.0811.39$1,207
Jun 2008103131.3313.03$1,342
May 2008106123.1711.57$1,227
Apr 2008107110.3110.45$1,119
Mar 2008125101.909.66$1,208
Feb 200811692.538.77$1,017
Jan 200812490.388.21$1,018
Dec 200712588.337.30$913
Nov 200712891.677.29$933
Oct 200718482.856.92$1,274
Sep 200716275.846.24$1,012
Aug 200723169.066.39$1,476
Jul 200736370.906.39$2,319
Jun 2007062.007.55$0
May 2007058.747.85$0
Apr 2007059.617.81$0
Mar 2007056.927.30$0
Feb 2007055.108.22$0
Jan 2007050.306.73$0
Dec 2006056.656.92$0
Nov 2006054.207.62$0
Oct 2006054.906.01$0
Sep 2006060.085.04$0
Aug 2006068.717.34$0
Jul 2006069.376.34$0
Jun 2006066.286.38$0
May 20061266.016.42$77
Apr 200618364.397.36$1,347
Mar 200628556.707.08$2,019
Feb 200613257.597.75$1,023
Jan 20065260.598.93$465
Dec 20059654.9413.42$1,288
Nov 200511154.6910.59$1,175
Oct 200512558.3413.80$1,724
Sep 20058461.4512.08$1,015
Aug 200512761.519.80$1,244
Jul 200518055.697.84$1,412
Jun 2005052.337.38$0
May 20053445.226.65$226
Apr 20059549.207.36$699
Mar 200513750.377.15$980
Feb 200512645.226.31$795
Jan 20056643.166.32$417
Dec 20042739.866.75$182
Nov 20044345.286.33$272
Oct 20049649.706.52$625
Sep 200412143.245.28$639
Aug 200410942.375.55$605
Jul 200410538.286.08$639
Jun 200420836.106.43$1,338
May 20044837.486.49$312
Apr 200413434.475.86$785
Mar 200421234.365.53$1,172
Feb 20046632.455.51$364
Jan 200412932.036.30$813
Dec 20036230.266.30$391
Nov 200315828.804.60$726
Oct 200311728.174.76$557
Sep 20038126.314.75$385
Aug 200313829.765.13$708
Jul 200314229.415.17$734
Jun 200314128.565.98$844
May 20039826.595.97$585
Apr 200318126.675.41$979
Mar 20036831.146.10$415
Feb 20031733.487.93$135
Jan 20035630.315.58$313
Dec 200215426.914.85$747
Nov 200213124.664.14$542
Oct 200214526.464.23$613
Sep 200213127.443.64$476
Aug 200215025.963.16$475
Jul 200211124.583.06$340
Jun 200215723.733.34$524
May 200211624.663.58$416
Apr 200214823.653.51$520
Mar 200210322.003.10$320
Feb 200212318.222.38$292
Jan 200213117.172.38$311
Dec 200114316.932.36$338
Nov 200115418.072.41$370
Oct 200113719.782.53$346
Sep 200116824.262.25$378
Aug 200124124.873.05$736
Jul 200116523.933.20$528
Jun 20017724.563.82$294
May 200117825.524.31$767
Apr 20016324.685.34$336
Mar 20015324.545.38$285
Feb 200122627.755.77$1,303
Jan 20014727.478.40$395
Dec 20005326.889.12$483
Nov 200014432.215.66$815
Oct 200017731.235.15$911
Sep 200019431.875.19$1,006
Aug 200024929.644.54$1,131
Jul 200013028.534.09$532
Jun 200014029.304.40$616
May 200018127.263.68$666
Apr 200010024.513.12$312
Mar 200024028.422.86$686
Feb 200018927.622.73$515
Jan 200014025.272.48$347
Dec 199916824.282.42$407
Nov 199919823.192.43$482
Oct 199922420.982.80$628
Sep 199923321.752.62$610
Aug 199923719.262.88$682
Jul 199920817.892.37$493
Jun 199915615.942.36$368
May 199927015.792.32$627
Apr 199930415.102.21$671
Mar 199920212.471.84$371
Feb 19991779.981.82$322
Jan 199935410.381.90$673
Dec 19983569.201.77$631
Nov 199829510.892.19$645
Oct 199848612.421.97$957
Sep 199812512.592.08$260
Aug 199868611.301.91$1,308
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.

Oct 2023 — as filed, then multipliedworked
Gas                   54 Mcf  × $  3.09 =       $167

────────────────────────────────────────────────────
Month total                                     $167

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/168594 is the state's own key, not one this site invented.