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 171140District 10Field 68831200Hydrogen sulphide fieldGasSaveExport
Value, all time
$471 k
Oct 1998 – May 2026
Value, last 12 filed months
$9 k
at the published price for each month
Months reported
332
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
GasProduction108,967 Mcf$471,266
Total$471,266

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 35.5290, -101.8531. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.52902, -101.85307 · 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
1,900 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 1,900 ft.

Completions filed
Oct 1998
1 of 1 wells

1 well

42-37531572140R1,900 ftOct 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 (332)

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

332 months

May 20260106.413.05$0
Apr 202624198.932.87$692
Mar 202629389.753.15$923
Feb 20262763.503.75$101
Jan 202623459.138.00$1,872
Dec 202523956.664.41$1,055
Nov 202524458.593.93$958
Oct 202527659.383.30$912
Sep 202529162.743.08$895
Aug 202537463.933.01$1,128
Jul 20254366.743.32$143
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 202518474.324.28$787
Dec 202419868.993.12$618
Nov 202419369.052.20$424
Oct 202420271.372.28$461
Sep 202419869.612.36$468
Aug 202420775.632.06$427
Jul 202421279.932.15$455
Jun 202420578.082.63$540
May 202420878.812.20$457
Apr 202420184.451.66$334
Mar 202420880.301.55$321
Feb 202419776.091.78$351
Jan 202422173.023.30$729
Dec 202320771.262.61$540
Nov 202320277.892.81$567
Oct 202321285.443.09$655
Sep 202321089.042.74$574
Aug 202321880.522.67$583
Jul 20234174.852.64$108
Jun 202322068.962.26$497
May 202322970.622.23$510
Apr 202321778.122.24$486
Mar 202322572.852.39$538
Feb 202320275.112.47$498
Jan 202319876.533.39$671
Dec 202215776.415.73$899
Nov 202221385.005.65$1,203
Oct 202222987.185.86$1,343
Sep 202223084.888.16$1,878
Aug 202224394.529.13$2,218
Jul 2022253101.587.54$1,908
Jun 2022213115.097.98$1,699
May 2022221109.378.43$1,864
Apr 2022214104.226.84$1,463
Mar 2022224108.885.08$1,137
Feb 202219191.054.86$928
Jan 202222481.844.54$1,016
Dec 202123371.323.90$908
Nov 202121577.435.24$1,126
Oct 202122679.795.71$1,291
Sep 202122369.865.35$1,193
Aug 202124166.024.22$1,017
Jul 202123570.783.98$936
Jun 202123469.493.38$791
May 202125963.483.02$782
Apr 202116060.362.76$441
Mar 202125661.302.72$696
Feb 202113557.805.55$749
Jan 202123450.412.81$658
Dec 202023544.642.68$629
Nov 202024438.772.71$660
Oct 202022036.972.48$545
Sep 202024637.091.99$490
Aug 202028439.982.39$677
Jul 202036638.371.83$668
Jun 202014834.901.69$250
May 2020016.921.81$0
Apr 202019914.751.80$359
Mar 202023130.341.86$429
Feb 202023249.881.98$460
Jan 202023057.252.09$482
Dec 201922959.012.30$528
Nov 201923555.302.75$646
Oct 201922953.472.42$554
Sep 201923655.052.66$627
Aug 201924453.112.30$562
Jul 201924356.272.46$598
Jun 201924452.782.49$608
May 201925058.482.74$685
Apr 201925362.632.75$696
Mar 201929956.803.06$916
Feb 201923550.852.79$656
Jan 201926046.033.23$839
Dec 2018046.594.19$0
Nov 2018052.934.24$0
Oct 201826361.443.40$894
Sep 201825259.543.11$783
Aug 201826959.403.07$825
Jul 201828165.142.93$824
Jun 201831660.183.08$972
May 201817565.382.90$508
Apr 201836863.842.90$1,067
Mar 20185061.222.79$139
Feb 201824861.782.77$686
Jan 201826962.874.01$1,079
Dec 201729957.272.92$874
Nov 201730955.423.12$964
Oct 201720149.292.98$600
Sep 201715747.523.09$485
Aug 201726145.373.00$784
Jul 201711243.873.09$346
Jun 201725142.493.09$775
May 201727445.373.26$894
Apr 201725747.933.21$825
Mar 201726346.772.98$785
Feb 201723850.452.95$703
Jan 201727549.413.42$940
Dec 201627748.763.72$1,031
Nov 201626142.492.64$690
Oct 201627446.193.09$847
Sep 201625041.553.10$775
Aug 201625441.442.92$743
Jul 201628441.622.92$831
Jun 201626445.352.69$709
May 201627642.521.99$550
Apr 201626636.561.99$530
Mar 201627933.011.79$501
Feb 201625126.472.06$518
Jan 201627427.352.36$648
Dec 201527532.362.00$550
Nov 201527638.792.17$598
Oct 201528443.552.43$689
Sep 201528342.992.76$781
Aug 201529440.162.87$845
Jul 201530448.152.95$895
Jun 201533156.152.88$954
May 201518155.212.96$535
Apr 201529049.822.71$785
Mar 201531342.892.93$919
Feb 201526344.662.98$783
Jan 201530143.433.10$933
Dec 201430554.693.59$1,095
Nov 201429070.464.25$1,233
Oct 201433578.303.90$1,307
Sep 201431286.164.05$1,262
Aug 201417789.394.04$714
Jul 201431296.564.18$1,304
Jun 201431398.164.74$1,483
May 201430794.734.73$1,451
Apr 201429595.944.81$1,419
Mar 201430195.895.06$1,522
Feb 201427697.406.19$1,709
Jan 201430690.404.86$1,487
Dec 201330891.824.35$1,341
Nov 201329388.853.74$1,095
Oct 201331197.423.78$1,175
Sep 2013307104.113.72$1,141
Aug 2013326104.253.52$1,148
Jul 2013335102.523.72$1,245
Jun 201335194.403.93$1,381
May 201323194.834.15$958
Apr 201331293.964.28$1,336
Mar 201332693.623.91$1,276
Feb 201329691.233.42$1,012
Jan 201333591.603.42$1,146
Dec 201233986.773.42$1,159
Nov 201232986.953.62$1,193
Oct 201234089.383.40$1,156
Sep 201234394.672.92$1,001
Aug 201235992.662.91$1,044
Jul 201237685.133.02$1,136
Jun 201234379.822.52$864
May 201234891.612.49$866
Apr 2012351101.652.00$701
Mar 2012364105.052.22$809
Feb 2012347101.102.57$892
Jan 201236498.092.73$995
Dec 201138496.873.24$1,244
Nov 201141595.723.31$1,374
Oct 201122384.983.65$814
Sep 201127183.623.99$1,080
Aug 201138083.404.15$1,577
Jul 201136394.144.52$1,640
Jun 201137192.904.64$1,721
May 201138698.134.40$1,700
Apr 2011373105.964.33$1,616
Mar 201138896.364.06$1,574
Feb 201134085.644.18$1,421
Jan 201138286.504.59$1,753
Dec 201038085.734.35$1,652
Nov 201038380.843.80$1,454
Oct 201041078.103.51$1,439
Sep 201040772.633.98$1,620
Aug 201042073.684.42$1,856
Jul 201042072.554.74$1,989
Jun 201042870.364.91$2,102
May 201030771.124.24$1,300
Apr 201040581.694.12$1,670
Mar 201041878.394.39$1,834
Feb 201038373.585.44$2,084
Jan 201043274.365.96$2,576
Dec 200943571.445.48$2,385
Nov 200943274.593.75$1,621
Oct 200945672.544.11$1,874
Sep 200945065.543.06$1,379
Aug 200946867.423.22$1,506
Jul 200947861.133.46$1,656
Jun 200946966.163.90$1,827
May 200948854.743.93$1,916
Apr 200948746.773.59$1,747
Mar 200951842.144.06$2,103
Feb 200948132.814.63$2,228
Jan 200952835.865.37$2,836
Dec 200854237.105.98$3,240
Nov 200854655.496.86$3,746
Oct 200859975.246.92$4,146
Sep 2008639101.767.88$5,033
Aug 2008692114.228.48$5,870
Jul 2008735131.0811.39$8,371
Jun 2008762131.3313.03$9,931
May 2008833123.1711.57$9,641
Apr 2008945110.3110.45$9,880
Mar 20081,196101.909.66$11,558
Feb 20081,30692.538.77$11,454
Jan 200811990.388.21$976
Dec 200712888.337.30$935
Nov 200715691.677.29$1,138
Oct 200740382.856.92$2,790
Sep 200771475.846.24$4,458
Aug 200720769.066.39$1,322
Jul 200724370.906.39$1,552
Jun 200717062.007.55$1,283
May 200733558.747.85$2,629
Apr 200723459.617.81$1,826
Mar 200732856.927.30$2,395
Feb 200712855.108.22$1,052
Jan 200723550.306.73$1,581
Dec 200616856.656.92$1,162
Nov 200620054.207.62$1,524
Oct 20062054.906.01$120
Sep 20065460.085.04$272
Aug 20067168.717.34$521
Jul 200618969.376.34$1,199
Jun 200611166.286.38$709
May 20065266.016.42$334
Apr 200621364.397.36$1,568
Mar 200621756.707.08$1,537
Feb 20067357.597.75$566
Jan 20065960.598.93$527
Dec 20054554.9413.42$604
Nov 200516754.6910.59$1,768
Oct 20058458.3413.80$1,159
Sep 200510261.4512.08$1,232
Aug 200526261.519.80$2,567
Jul 200511855.697.84$926
Jun 2005052.337.38$0
May 20059445.226.65$625
Apr 200531849.207.36$2,341
Mar 200529350.377.15$2,096
Feb 200537745.226.31$2,380
Jan 2005043.166.32$0
Dec 20043139.866.75$209
Nov 200421345.286.33$1,348
Oct 200418349.706.52$1,192
Sep 200420143.245.28$1,062
Aug 200441842.375.55$2,320
Jul 200422938.286.08$1,393
Jun 200437636.106.43$2,419
May 200443637.486.49$2,832
Apr 200425434.475.86$1,488
Mar 200424134.365.53$1,333
Feb 200411832.455.51$650
Jan 200410932.036.30$687
Dec 200315030.266.30$945
Nov 200333728.804.60$1,549
Oct 200313828.174.76$657
Sep 200319826.314.75$940
Aug 200334829.765.13$1,785
Jul 200325929.415.17$1,339
Jun 200339828.565.98$2,381
May 200337526.595.97$2,240
Apr 200342426.675.41$2,293
Mar 200317531.146.10$1,067
Feb 200349233.487.93$3,900
Jan 200337530.315.58$2,093
Dec 200269426.914.85$3,369
Nov 200247624.664.14$1,969
Oct 200252326.464.23$2,212
Sep 200249427.443.64$1,796
Aug 200251225.963.16$1,620
Jul 200240624.583.06$1,243
Jun 200241823.733.34$1,395
May 200239624.663.58$1,419
Apr 200250323.653.51$1,767
Mar 200217922.003.10$555
Feb 200219318.222.38$459
Jan 200243817.172.38$1,041
Dec 200154516.932.36$1,289
Nov 200163518.072.41$1,528
Oct 200165519.782.53$1,656
Sep 200174424.262.25$1,675
Aug 200171224.873.05$2,174
Jul 200159323.933.20$1,896
Jun 200180324.563.82$3,071
May 200160925.524.31$2,623
Apr 200141924.685.34$2,236
Mar 200123424.545.38$1,258
Feb 200120327.755.77$1,171
Jan 200125527.478.40$2,142
Dec 200030126.889.12$2,746
Nov 200067532.215.66$3,819
Oct 200081131.235.15$4,173
Sep 200090831.875.19$4,709
Aug 200066429.644.54$3,015
Jul 200039728.534.09$1,624
Jun 200065029.304.40$2,858
May 200050027.263.68$1,840
Apr 200037424.513.12$1,165
Mar 200062028.422.86$1,773
Feb 200021027.622.73$573
Jan 200055325.272.48$1,372
Dec 199967924.282.42$1,646
Nov 199966123.192.43$1,609
Oct 199981020.982.80$2,271
Sep 199984021.752.62$2,200
Aug 199986619.262.88$2,490
Jul 199994517.892.37$2,242
Jun 19991,07615.942.36$2,542
May 19991,04315.792.32$2,421
Apr 199973915.102.21$1,632
Mar 199957112.471.84$1,050
Feb 19995869.981.82$1,065
Jan 19991,24710.381.90$2,369
Dec 19981,8979.201.77$3,364
Nov 199839810.892.19$870
Oct 1998012.421.97$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                  241 Mcf  × $  2.87 =       $692

────────────────────────────────────────────────────
Month total                                     $692

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/171140 is the state's own key, not one this site invented.