MASTERSON

Operated by BURK ROYALTY CO., LTD. (P-5 108799) in the PANHANDLE, WEST (RED CAVE) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 170812District 10Field 68831200Hydrogen sulphide fieldGasSaveExport
Value, all time
$1.6 M
Aug 1998 – May 2026
Value, last 12 filed months
$12 k
at the published price for each month
Months reported
334
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 666 leases and 666 wells, and the rule below applies to all of them.

Discovered
1960-07-15
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 2019-11-19.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: THE LOCATION OF PERFORATIONS.

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
GasProduction355,127 Mcf$1,616,966
Total$1,616,966

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 35.5840, -101.9237. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.58397, -101.92366 · 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
2,124 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 2,124 ft.

Completions filed
Aug 1998
1 of 1 wells

1 well

42-37531579148R2,124 ftAug 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 (334)

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

334 months

May 20260106.413.05$0
Apr 202640498.932.87$1,159
Mar 202629289.753.15$920
Feb 202622763.503.75$851
Jan 202630259.138.00$2,415
Dec 202525956.664.41$1,143
Nov 202530658.593.93$1,201
Oct 202531959.383.30$1,054
Sep 202531262.743.08$960
Aug 202534163.933.01$1,028
Jul 202529066.743.32$961
Jun 202522266.483.13$695
May 202529060.553.23$937
Apr 202535262.363.54$1,247
Mar 202527867.704.27$1,187
Feb 202513070.884.34$564
Jan 202526574.324.28$1,134
Dec 202433868.993.12$1,055
Nov 202434669.052.20$761
Oct 202426671.372.28$607
Sep 202431569.612.36$745
Aug 202427575.632.06$568
Jul 202435279.932.15$756
Jun 202433978.082.63$893
May 202434478.812.20$756
Apr 202432584.451.66$539
Mar 202439080.301.55$603
Feb 202430876.091.78$549
Jan 202431073.023.30$1,022
Dec 202340071.262.61$1,044
Nov 202337977.892.81$1,064
Oct 202335885.443.09$1,105
Sep 202334889.042.74$952
Aug 202334780.522.67$927
Jul 202320674.852.64$544
Jun 202334568.962.26$779
May 202333770.622.23$751
Apr 202337178.122.24$830
Mar 202330172.852.39$720
Feb 202323275.112.47$572
Jan 202331976.533.39$1,081
Dec 202235576.415.73$2,034
Nov 202235285.005.65$1,987
Oct 202238887.185.86$2,275
Sep 202239484.888.16$3,216
Aug 202241094.529.13$3,742
Jul 2022467101.587.54$3,522
Jun 2022365115.097.98$2,912
May 2022395109.378.43$3,331
Apr 2022280104.226.84$1,915
Mar 2022344108.885.08$1,746
Feb 202224491.054.86$1,186
Jan 202239281.844.54$1,779
Dec 202141871.323.90$1,630
Nov 202137477.435.24$1,959
Oct 202140579.795.71$2,314
Sep 202143369.865.35$2,317
Aug 202152066.024.22$2,195
Jul 202131170.783.98$1,238
Jun 202128769.493.38$970
May 202136963.483.02$1,114
Apr 202121560.362.76$593
Mar 202145761.302.72$1,242
Feb 202119757.805.55$1,093
Jan 202137850.412.81$1,062
Dec 202039744.642.68$1,062
Nov 202026938.772.71$728
Oct 202033336.972.48$825
Sep 202043937.091.99$874
Aug 202020339.982.39$484
Jul 202044838.371.83$818
Jun 202040634.901.69$686
May 202038916.921.81$706
Apr 202041214.751.80$743
Mar 202023630.341.86$438
Feb 202040449.881.98$800
Jan 202038957.252.09$815
Dec 201946159.012.30$1,062
Nov 201921555.302.75$591
Oct 201942753.472.42$1,033
Sep 201928555.052.66$757
Aug 201932653.112.30$751
Jul 201937056.272.46$910
Jun 201919852.782.49$493
May 201931358.482.74$858
Apr 201929762.632.75$817
Mar 201911156.803.06$340
Feb 201922150.852.79$617
Jan 201931146.033.23$1,004
Dec 2018046.594.19$0
Nov 2018052.934.24$0
Oct 201841161.443.40$1,397
Sep 201840059.543.11$1,243
Aug 201836459.403.07$1,116
Jul 201835065.142.93$1,026
Jun 201833860.183.08$1,040
May 201842165.382.90$1,221
Apr 201842363.842.90$1,227
Mar 20183061.222.79$84
Feb 201824861.782.77$686
Jan 201833062.874.01$1,323
Dec 201749357.272.92$1,440
Nov 201749555.423.12$1,544
Oct 201734349.292.98$1,023
Sep 201716147.523.09$497
Aug 201734645.373.00$1,040
Jul 201714443.873.09$445
Jun 201738042.493.09$1,173
May 201746845.373.26$1,527
Apr 201737847.933.21$1,214
Mar 201740446.772.98$1,205
Feb 201738550.452.95$1,137
Jan 201742249.413.42$1,443
Dec 201644348.763.72$1,649
Nov 201648842.492.64$1,290
Oct 201635246.193.09$1,088
Sep 201628341.553.10$877
Aug 201640441.442.92$1,181
Jul 201647741.622.92$1,395
Jun 201642245.352.69$1,133
May 201651642.521.99$1,027
Apr 201645336.561.99$902
Mar 201650733.011.79$910
Feb 201648326.472.06$997
Jan 201655827.352.36$1,319
Dec 201555932.362.00$1,119
Nov 201536238.792.17$785
Oct 201545243.552.43$1,097
Sep 201540442.992.76$1,114
Aug 201539040.162.87$1,120
Jul 201541648.152.95$1,225
Jun 201538056.152.88$1,095
May 201534255.212.96$1,011
Apr 201549949.822.71$1,351
Mar 201543442.892.93$1,274
Feb 201544344.662.98$1,318
Jan 201551143.433.10$1,584
Dec 201453554.693.59$1,921
Nov 201439670.464.25$1,684
Oct 201456878.303.90$2,216
Sep 201444686.164.05$1,804
Aug 201440289.394.04$1,622
Jul 201447596.564.18$1,985
Jun 201449698.164.74$2,349
May 201455894.734.73$2,637
Apr 201448895.944.81$2,347
Mar 201452095.895.06$2,630
Feb 201447397.406.19$2,929
Jan 201451290.404.86$2,489
Dec 201348591.824.35$2,112
Nov 201353088.853.74$1,981
Oct 201355197.423.78$2,082
Sep 2013561104.113.72$2,086
Aug 2013594104.253.52$2,092
Jul 2013577102.523.72$2,145
Jun 201363294.403.93$2,486
May 201350594.834.15$2,095
Apr 201360793.964.28$2,600
Mar 201356293.623.91$2,199
Feb 201351891.233.42$1,772
Jan 201366591.603.42$2,274
Dec 201250786.773.42$1,734
Nov 201254486.953.62$1,972
Oct 201261689.383.40$2,094
Sep 201259694.672.92$1,739
Aug 201261092.662.91$1,774
Jul 201264385.133.02$1,942
Jun 201258179.822.52$1,464
May 201262391.612.49$1,550
Apr 2012610101.652.00$1,218
Mar 2012635105.052.22$1,411
Feb 2012550101.102.57$1,414
Jan 201260898.092.73$1,662
Dec 201159196.873.24$1,915
Nov 201163295.723.31$2,093
Oct 201166784.983.65$2,434
Sep 201165383.623.99$2,603
Aug 201166583.404.15$2,759
Jul 201169094.144.52$3,117
Jun 201169592.904.64$3,225
May 201175398.134.40$3,317
Apr 2011755105.964.33$3,272
Mar 201173296.364.06$2,970
Feb 201159485.644.18$2,483
Jan 201173686.504.59$3,377
Dec 201069085.734.35$3,000
Nov 201075080.843.80$2,847
Oct 201076478.103.51$2,681
Sep 201075572.633.98$3,005
Aug 201076973.684.42$3,398
Jul 201070572.554.74$3,339
Jun 201068870.364.91$3,378
May 201069971.124.24$2,960
Apr 201078081.694.12$3,216
Mar 201082178.394.39$3,603
Feb 201062073.585.44$3,374
Jan 201078974.365.96$4,706
Dec 200981571.445.48$4,469
Nov 200981374.593.75$3,050
Oct 200986572.544.11$3,555
Sep 200981065.543.06$2,482
Aug 200988367.423.22$2,842
Jul 200987761.133.46$3,038
Jun 200990266.163.90$3,513
May 200992854.743.93$3,643
Apr 200989246.773.59$3,200
Mar 200998042.144.06$3,978
Feb 200991232.814.63$4,225
Jan 200988835.865.37$4,769
Dec 200888237.105.98$5,272
Nov 200895355.496.86$6,538
Oct 200886475.246.92$5,981
Sep 20081,701101.767.88$13,399
Aug 20081,075114.228.48$9,119
Jul 20081,089131.0811.39$12,403
Jun 20081,056131.3313.03$13,762
May 20081,097123.1711.57$12,697
Apr 20081,112110.3110.45$11,626
Mar 20081,123101.909.66$10,853
Feb 20081,01692.538.77$8,911
Jan 20081,07990.388.21$8,854
Dec 20071,12588.337.30$8,215
Nov 20071,27591.677.29$9,297
Oct 20071,26782.856.92$8,770
Sep 20071,24475.846.24$7,768
Aug 20071,23369.066.39$7,876
Jul 20071,25870.906.39$8,036
Jun 20071,25362.007.55$9,458
May 20071,26558.747.85$9,926
Apr 20071,07759.617.81$8,406
Mar 20071,21356.927.30$8,857
Feb 20071,17955.108.22$9,687
Jan 20071,65550.306.73$11,133
Dec 20061,42356.656.92$9,845
Nov 20061,30354.207.62$9,926
Oct 20061,34954.906.01$8,113
Sep 20061,40760.085.04$7,087
Aug 20061,39168.717.34$10,210
Jul 20061,54669.376.34$9,806
Jun 20061,40266.286.38$8,950
May 20061,40266.016.42$9,008
Apr 20061,40364.397.36$10,327
Mar 20061,43756.707.08$10,178
Feb 20061,33757.597.75$10,363
Jan 20061,54660.598.93$13,811
Dec 20051,89754.9413.42$25,449
Nov 20051,54354.6910.59$16,338
Oct 20051,67758.3413.80$23,135
Sep 20051,52161.4512.08$18,372
Aug 20051,70361.519.80$16,684
Jul 20052,09955.697.84$16,464
Jun 200516252.337.38$1,196
May 200569945.226.65$4,649
Apr 20051,47549.207.36$10,857
Mar 20051,52850.377.15$10,933
Feb 20051,39045.226.31$8,774
Jan 20051,61843.166.32$10,229
Dec 20041,87339.866.75$12,645
Nov 20041,74045.286.33$11,015
Oct 20041,62949.706.52$10,613
Sep 20041,74843.245.28$9,236
Aug 20041,72242.375.55$9,558
Jul 20041,81538.286.08$11,043
Jun 20041,90936.106.43$12,281
May 20041,60237.486.49$10,404
Apr 20041,73934.475.86$10,188
Mar 20041,72434.365.53$9,534
Feb 20041,69232.455.51$9,322
Jan 20041,82332.036.30$11,484
Dec 20031,80030.266.30$11,343
Nov 20031,93728.804.60$8,901
Oct 20031,78328.174.76$8,486
Sep 20031,59826.314.75$7,589
Aug 20031,85529.765.13$9,516
Jul 20032,11229.415.17$10,921
Jun 20031,84728.565.98$11,051
May 20031,90226.595.97$11,360
Apr 20031,93326.675.41$10,452
Mar 20031,92631.146.10$11,741
Feb 20031,86333.487.93$14,766
Jan 20031,99530.315.58$11,136
Dec 20022,32526.914.85$11,285
Nov 20022,16624.664.14$8,961
Oct 20022,26626.464.23$9,583
Sep 20022,24227.443.64$8,150
Aug 20022,38225.963.16$7,537
Jul 20022,32024.583.06$7,103
Jun 20022,18223.733.34$7,284
May 20022,24424.663.58$8,043
Apr 20022,27923.653.51$8,005
Mar 20022,49222.003.10$7,732
Feb 20022,25318.222.38$5,352
Jan 20022,72617.172.38$6,476
Dec 20012,50916.932.36$5,932
Nov 20012,51718.072.41$6,055
Oct 20012,59019.782.53$6,550
Sep 20012,51224.262.25$5,655
Aug 20012,63124.873.05$8,033
Jul 20012,69623.933.20$8,619
Jun 20012,53724.563.82$9,702
May 20012,74125.524.31$11,806
Apr 20012,45324.685.34$13,088
Mar 20012,48224.545.38$13,344
Feb 20012,46227.755.77$14,199
Jan 20012,73327.478.40$22,954
Dec 20002,82326.889.12$25,753
Nov 20002,82732.215.66$15,995
Oct 20003,04731.235.15$15,678
Sep 20002,96231.875.19$15,362
Aug 20003,15829.644.54$14,340
Jul 20002,85628.534.09$11,680
Jun 20002,96529.304.40$13,038
May 20003,25627.263.68$11,981
Apr 20003,21324.513.12$10,012
Mar 20003,15228.422.86$9,014
Feb 20002,94727.622.73$8,035
Jan 20003,28325.272.48$8,143
Dec 19993,32324.282.42$8,054
Nov 19993,17423.192.43$7,725
Oct 19993,39320.982.80$9,513
Sep 19993,35721.752.62$8,791
Aug 19993,46819.262.88$9,973
Jul 19993,57717.892.37$8,486
Jun 19993,97615.942.36$9,392
May 19993,18415.792.32$7,390
Apr 19993,66115.102.21$8,084
Mar 19993,86412.471.84$7,103
Feb 19993,3959.981.82$6,171
Jan 19994,12710.381.90$7,841
Dec 19984,7049.201.77$8,342
Nov 19985,06410.892.19$11,068
Oct 19986,35512.421.97$12,514
Sep 199866112.592.08$1,377
Aug 1998011.301.91$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                  404 Mcf  × $  2.87 =     $1,159

────────────────────────────────────────────────────
Month total                                   $1,159

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/170812 is the state's own key, not one this site invented.