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 170816District 10Field 68831200Hydrogen sulphide fieldGasSaveExport
Value, all time
$707 k
Aug 1998 – May 2026
Value, last 12 filed months
$11 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
GasProduction156,485 Mcf$707,401
Total$707,401

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 35.5440, -101.8080. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.54399, -101.80804 · 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
1,980 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 1,980 ft.

Completions filed
Aug 1998
1 of 1 wells

1 well

42-37531569147R1,980 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 202626998.932.87$772
Mar 202627789.753.15$872
Feb 202625063.503.75$938
Jan 202625159.138.00$2,007
Dec 202526256.664.41$1,156
Nov 202526258.593.93$1,029
Oct 202528159.383.30$929
Sep 202527962.743.08$858
Aug 202528663.933.01$862
Jul 202529166.743.32$965
Jun 202528066.483.13$876
May 202528460.553.23$918
Apr 202527462.363.54$971
Mar 202525367.704.27$1,080
Feb 202523470.884.34$1,016
Jan 202526774.324.28$1,142
Dec 202426268.993.12$818
Nov 202426469.052.20$580
Oct 202428271.372.28$643
Sep 202427769.612.36$655
Aug 202428975.632.06$596
Jul 202430279.932.15$648
Jun 202428778.082.63$756
May 202430178.812.20$662
Apr 202428784.451.66$476
Mar 202429380.301.55$453
Feb 202426976.091.78$480
Jan 202427673.023.30$910
Dec 202328471.262.61$741
Nov 202328677.892.81$803
Oct 202330885.443.09$951
Sep 202330789.042.74$840
Aug 202332180.522.67$858
Jul 202358574.852.64$1,545
Jun 202331868.962.26$718
May 202333070.622.23$735
Apr 202331878.122.24$712
Mar 202332772.852.39$783
Feb 202331275.112.47$769
Jan 202330976.533.39$1,047
Dec 202229576.415.73$1,690
Nov 202229185.005.65$1,643
Oct 202230787.185.86$1,800
Sep 202230184.888.16$2,457
Aug 202232594.529.13$2,966
Jul 2022294101.587.54$2,217
Jun 2022272115.097.98$2,170
May 2022278109.378.43$2,344
Apr 2022317104.226.84$2,168
Mar 2022329108.885.08$1,670
Feb 202229991.054.86$1,453
Jan 202218481.844.54$835
Dec 202130471.323.90$1,185
Nov 202129777.435.24$1,555
Oct 202131579.795.71$1,800
Sep 202131569.865.35$1,686
Aug 202132666.024.22$1,376
Jul 202133470.783.98$1,330
Jun 202133569.493.38$1,133
May 202138663.483.02$1,165
Apr 202117760.362.76$488
Mar 202133961.302.72$921
Feb 202113557.805.55$749
Jan 202130550.412.81$857
Dec 202030644.642.68$819
Nov 202029338.772.71$793
Oct 202029036.972.48$719
Sep 202031337.091.99$623
Aug 202032539.982.39$775
Jul 202033038.371.83$602
Jun 202032034.901.69$541
May 202032216.921.81$584
Apr 202030814.751.80$556
Mar 202031830.341.86$590
Feb 202029849.881.98$590
Jan 202031357.252.09$656
Dec 201931759.012.30$730
Nov 201930855.302.75$847
Oct 201933453.472.42$808
Sep 201934155.052.66$906
Aug 201934453.112.30$793
Jul 201935456.272.46$871
Jun 201936052.782.49$897
May 201940458.482.74$1,107
Apr 201926262.632.75$721
Mar 201934756.803.06$1,063
Feb 201932950.852.79$919
Jan 201935846.033.23$1,156
Dec 2018046.594.19$0
Nov 2018052.934.24$0
Oct 201836461.443.40$1,237
Sep 201837259.543.11$1,156
Aug 201839059.403.07$1,196
Jul 201840765.142.93$1,193
Jun 201846160.183.08$1,418
May 201825165.382.90$728
Apr 201845163.842.90$1,308
Mar 20187461.222.79$206
Feb 201833261.782.77$918
Jan 201838462.874.01$1,540
Dec 201739757.272.92$1,160
Nov 201744455.423.12$1,385
Oct 201730649.292.98$913
Sep 201724247.523.09$747
Aug 201721145.373.00$634
Jul 201715843.873.09$488
Jun 201731642.493.09$976
May 201738845.373.26$1,266
Apr 201736747.933.21$1,179
Mar 201737546.772.98$1,119
Feb 201733550.452.95$989
Jan 201738549.413.42$1,316
Dec 201635548.763.72$1,322
Nov 201637642.492.64$994
Oct 201641546.193.09$1,282
Sep 201631041.553.10$961
Aug 201636241.442.92$1,059
Jul 201640241.622.92$1,176
Jun 201638445.352.69$1,031
May 201638442.521.99$765
Apr 201636636.561.99$729
Mar 201637333.011.79$669
Feb 201633626.472.06$693
Jan 201636427.352.36$861
Dec 201536832.362.00$737
Nov 201536538.792.17$791
Oct 201539843.552.43$966
Sep 201541942.992.76$1,156
Aug 201529540.162.87$847
Jul 201527548.152.95$810
Jun 201538356.152.88$1,104
May 201532555.212.96$961
Apr 201536949.822.71$999
Mar 201537342.892.93$1,095
Feb 201532444.662.98$964
Jan 201536143.433.10$1,119
Dec 201437654.693.59$1,350
Nov 201437470.464.25$1,590
Oct 201439278.303.90$1,529
Sep 201441386.164.05$1,671
Aug 201430889.394.04$1,243
Jul 201437096.564.18$1,546
Jun 201438998.164.74$1,843
May 201439194.734.73$1,848
Apr 201438195.944.81$1,832
Mar 201438695.895.06$1,952
Feb 201434097.406.19$2,105
Jan 201438390.404.86$1,862
Dec 201337991.824.35$1,650
Nov 201338288.853.74$1,428
Oct 201340997.423.78$1,546
Sep 2013412104.113.72$1,532
Aug 2013435104.253.52$1,532
Jul 2013439102.523.72$1,632
Jun 201344094.403.93$1,731
May 201327394.834.15$1,133
Apr 201340493.964.28$1,730
Mar 201342893.623.91$1,675
Feb 201338691.233.42$1,320
Jan 201342491.603.42$1,450
Dec 201243386.773.42$1,481
Nov 201242186.953.62$1,526
Oct 201244289.383.40$1,503
Sep 201243294.672.92$1,261
Aug 201246192.662.91$1,341
Jul 201246885.133.02$1,414
Jun 201247279.822.52$1,189
May 201241291.612.49$1,025
Apr 2012446101.652.00$891
Mar 2012457105.052.22$1,015
Feb 2012430101.102.57$1,105
Jan 201245398.092.73$1,239
Dec 201145996.873.24$1,487
Nov 201145395.723.31$1,500
Oct 201147284.983.65$1,722
Sep 201146383.623.99$1,845
Aug 201149183.404.15$2,037
Jul 201146094.144.52$2,078
Jun 201147292.904.64$2,190
May 201149698.134.40$2,185
Apr 2011489105.964.33$2,119
Mar 201149696.364.06$2,012
Feb 201143485.644.18$1,814
Jan 201148586.504.59$2,226
Dec 201049685.734.35$2,156
Nov 201048180.843.80$1,826
Oct 201049678.103.51$1,740
Sep 201048172.633.98$1,914
Aug 201050073.684.42$2,210
Jul 201049972.554.74$2,364
Jun 201051570.364.91$2,529
May 201042571.124.24$1,800
Apr 201051281.694.12$2,111
Mar 201052578.394.39$2,304
Feb 201047173.585.44$2,563
Jan 201050774.365.96$3,024
Dec 200952271.445.48$2,863
Nov 200951274.593.75$1,921
Oct 200953972.544.11$2,215
Sep 200952365.543.06$1,603
Aug 200954067.423.22$1,738
Jul 200954261.133.46$1,878
Jun 200952866.163.90$2,057
May 200954354.743.93$2,132
Apr 200955346.773.59$1,984
Mar 200955042.144.06$2,232
Feb 200952032.814.63$2,409
Jan 200955935.865.37$3,002
Dec 200856637.105.98$3,383
Nov 200855555.496.86$3,808
Oct 200857675.246.92$3,987
Sep 2008563101.767.88$4,435
Aug 2008599114.228.48$5,081
Jul 2008497131.0811.39$5,661
Jun 2008566131.3313.03$7,376
May 2008582123.1711.57$6,736
Apr 2008584110.3110.45$6,106
Mar 2008599101.909.66$5,789
Feb 200856192.538.77$4,920
Jan 200860590.388.21$4,964
Dec 200760988.337.30$4,447
Nov 200759391.677.29$4,324
Oct 200761982.856.92$4,285
Sep 200761475.846.24$3,834
Aug 200763969.066.39$4,082
Jul 200764170.906.39$4,095
Jun 200762262.007.55$4,695
May 200766658.747.85$5,226
Apr 200761559.617.81$4,800
Mar 200761256.927.30$4,469
Feb 200760055.108.22$4,930
Jan 200768950.306.73$4,635
Dec 200668556.656.92$4,739
Nov 200667654.207.62$5,149
Oct 200666254.906.01$3,981
Sep 200667460.085.04$3,395
Aug 200671668.717.34$5,255
Jul 200675469.376.34$4,782
Jun 200672066.286.38$4,596
May 200672666.016.42$4,665
Apr 200671564.397.36$5,263
Mar 200678056.707.08$5,525
Feb 200672357.597.75$5,604
Jan 200676860.598.93$6,861
Dec 200578954.9413.42$10,585
Nov 200578254.6910.59$8,280
Oct 200580758.3413.80$11,133
Sep 200581361.4512.08$9,820
Aug 200590261.519.80$8,837
Jul 200591255.697.84$7,153
Jun 200564152.337.38$4,731
May 200568745.226.65$4,569
Apr 20051,00249.207.36$7,375
Mar 20051,27850.377.15$9,144
Feb 20051,04445.226.31$6,590
Jan 200511943.166.32$752
Dec 20046339.866.75$425
Nov 200415845.286.33$1,000
Oct 200428749.706.52$1,870
Sep 200437043.245.28$1,955
Aug 200442742.375.55$2,370
Jul 200436338.286.08$2,209
Jun 200444136.106.43$2,837
May 200465337.486.49$4,241
Apr 200423534.475.86$1,377
Mar 200428234.365.53$1,560
Feb 20046732.455.51$369
Jan 20048832.036.30$554
Dec 200316430.266.30$1,033
Nov 200348928.804.60$2,247
Oct 200345528.174.76$2,166
Sep 200340426.314.75$1,919
Aug 200351429.765.13$2,637
Jul 200349129.415.17$2,539
Jun 200350228.565.98$3,003
May 200355726.595.97$3,327
Apr 200370126.675.41$3,791
Mar 200382431.146.10$5,023
Feb 200341733.487.93$3,305
Jan 200345430.315.58$2,534
Dec 200254026.914.85$2,621
Nov 200257324.664.14$2,370
Oct 200255926.464.23$2,364
Sep 200253827.443.64$1,956
Aug 200268825.963.16$2,177
Jul 200259324.583.06$1,816
Jun 200269023.733.34$2,303
May 200251324.663.58$1,839
Apr 200255623.653.51$1,953
Mar 200252622.003.10$1,632
Feb 200250818.222.38$1,207
Jan 200275317.172.38$1,789
Dec 200168616.932.36$1,622
Nov 200187518.072.41$2,105
Oct 200175519.782.53$1,909
Sep 200177624.262.25$1,747
Aug 200189724.873.05$2,739
Jul 20011,03023.933.20$3,293
Jun 200158724.563.82$2,245
May 200141225.524.31$1,775
Apr 200172924.685.34$3,889
Mar 200139024.545.38$2,097
Feb 20018527.755.77$490
Jan 200137727.478.40$3,166
Dec 200042726.889.12$3,895
Nov 200064132.215.66$3,627
Oct 200079031.235.15$4,065
Sep 200063731.875.19$3,304
Aug 200071729.644.54$3,256
Jul 200066928.534.09$2,736
Jun 200063229.304.40$2,779
May 200081427.263.68$2,995
Apr 200057824.513.12$1,801
Mar 200075928.422.86$2,171
Feb 200042127.622.73$1,148
Jan 200076525.272.48$1,898
Dec 199979224.282.42$1,920
Nov 199983423.192.43$2,030
Oct 199995520.982.80$2,678
Sep 199999221.752.62$2,598
Aug 199991019.262.88$2,617
Jul 199994617.892.37$2,244
Jun 199972615.942.36$1,715
May 19991,24015.792.32$2,878
Apr 199997015.102.21$2,142
Mar 199969812.471.84$1,283
Feb 19996769.981.82$1,229
Jan 19991,02410.381.90$1,946
Dec 19981,2129.201.77$2,149
Nov 19981,57010.892.19$3,432
Oct 19981,89312.421.97$3,728
Sep 19981,11812.592.08$2,328
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                  269 Mcf  × $  2.87 =       $772

────────────────────────────────────────────────────
Month total                                     $772

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/170816 is the state's own key, not one this site invented.