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 172351District 10Field 68831200Hydrogen sulphide fieldGasSaveExport
Value, all time
$599 k
May 1998 – May 2026
Value, last 12 filed months
$12 k
at the published price for each month
Months reported
337
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
GasProduction138,387 Mcf$599,179
Total$599,179

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 35.5638, -101.8712. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.56378, -101.87120 · 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
1,786 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 1,786 ft.

Completions filed
May 1998
1 of 1 wells

1 well

42-37531559146R1,786 ftMay 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 (337)

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

337 months

May 20260106.413.05$0
Apr 202627998.932.87$801
Mar 202628989.753.15$910
Feb 202626363.503.75$986
Jan 202629059.138.00$2,319
Dec 202529356.664.41$1,293
Nov 202528458.593.93$1,115
Oct 202529259.383.30$965
Sep 202528362.743.08$871
Aug 202528063.933.01$844
Jul 202532166.743.32$1,064
Jun 202524166.483.13$754
May 202531060.553.23$1,002
Apr 202530162.363.54$1,066
Mar 202529767.704.27$1,268
Feb 202527970.884.34$1,211
Jan 202529674.324.28$1,266
Dec 202432068.993.12$999
Nov 202430869.052.20$677
Oct 202432371.372.28$737
Sep 202431069.612.36$733
Aug 202432575.632.06$671
Jul 202432879.932.15$704
Jun 202432178.082.63$846
May 202433478.812.20$734
Apr 202432184.451.66$533
Mar 202433480.301.55$516
Feb 202431376.091.78$558
Jan 202434373.023.30$1,131
Dec 202333571.262.61$875
Nov 202333077.892.81$926
Oct 202334585.443.09$1,065
Sep 202333789.042.74$922
Aug 202334880.522.67$930
Jul 20237974.852.64$209
Jun 202333768.962.26$761
May 202334970.622.23$777
Apr 202334078.122.24$761
Mar 202334872.852.39$833
Feb 202331775.112.47$782
Jan 202335176.533.39$1,189
Dec 202242476.415.73$2,429
Nov 202233885.005.65$1,908
Oct 202235187.185.86$2,058
Sep 202234684.888.16$2,825
Aug 202235194.529.13$3,204
Jul 2022362101.587.54$2,730
Jun 2022343115.097.98$2,736
May 2022354109.378.43$2,985
Apr 2022346104.226.84$2,366
Mar 2022365108.885.08$1,853
Feb 202224391.054.86$1,181
Jan 202227481.844.54$1,243
Dec 202135871.323.90$1,396
Nov 202135177.435.24$1,838
Oct 202137079.795.71$2,114
Sep 202135869.865.35$1,916
Aug 202138066.024.22$1,604
Jul 202138670.783.98$1,537
Jun 202135169.493.38$1,187
May 202142363.483.02$1,276
Apr 202124260.362.76$668
Mar 202133261.302.72$902
Feb 202117157.805.55$949
Jan 202137850.412.81$1,062
Dec 202037844.642.68$1,011
Nov 202038438.772.71$1,039
Oct 202034836.972.48$862
Sep 202039037.091.99$777
Aug 202041939.982.39$999
Jul 202050438.371.83$920
Jun 202023134.901.69$390
May 2020016.921.81$0
Apr 202029514.751.80$532
Mar 202036930.341.86$685
Feb 202034049.881.98$673
Jan 202037257.252.09$779
Dec 201938059.012.30$876
Nov 201934655.302.75$952
Oct 201936953.472.42$892
Sep 201938755.052.66$1,028
Aug 201929153.112.30$671
Jul 201933156.272.46$814
Jun 201933652.782.49$837
May 201944458.482.74$1,217
Apr 201921462.632.75$589
Mar 201938356.803.06$1,173
Feb 201935250.852.79$983
Jan 201939346.033.23$1,269
Dec 2018046.594.19$0
Nov 2018052.934.24$0
Oct 201840661.443.40$1,380
Sep 201840459.543.11$1,256
Aug 201841059.403.07$1,257
Jul 201841165.142.93$1,205
Jun 201841560.183.08$1,277
May 201844965.382.90$1,302
Apr 201848863.842.90$1,416
Mar 20187861.222.79$217
Feb 201837361.782.77$1,032
Jan 201843462.874.01$1,740
Dec 201741757.272.92$1,218
Nov 201747455.423.12$1,478
Oct 201734249.292.98$1,020
Sep 201722147.523.09$682
Aug 201747145.373.00$1,415
Jul 201730043.873.09$926
Jun 201741342.493.09$1,275
May 201743545.373.26$1,420
Apr 201740847.933.21$1,310
Mar 201742746.772.98$1,274
Feb 201740250.452.95$1,187
Jan 201737449.413.42$1,279
Dec 201644048.763.72$1,638
Nov 201643842.492.64$1,158
Oct 201647746.193.09$1,474
Sep 201635841.553.10$1,110
Aug 201641141.442.92$1,202
Jul 201645841.622.92$1,339
Jun 201643345.352.69$1,163
May 201645242.521.99$900
Apr 201643636.561.99$868
Mar 201646833.011.79$840
Feb 201641626.472.06$858
Jan 201646927.352.36$1,109
Dec 201547632.362.00$953
Nov 201549138.792.17$1,064
Oct 201543743.552.43$1,060
Sep 201548042.992.76$1,324
Aug 201548940.162.87$1,405
Jul 201550648.152.95$1,490
Jun 201555456.152.88$1,597
May 201530455.212.96$898
Apr 201547949.822.71$1,296
Mar 201549742.892.93$1,459
Feb 201544044.662.98$1,310
Jan 201550043.433.10$1,550
Dec 201450554.693.59$1,814
Nov 201449270.464.25$2,092
Oct 201453378.303.90$2,079
Sep 201446986.164.05$1,897
Aug 201442689.394.04$1,719
Jul 201443196.564.18$1,801
Jun 201449798.164.74$2,354
May 201450994.734.73$2,406
Apr 201448495.944.81$2,328
Mar 201450795.895.06$2,564
Feb 201447397.406.19$2,929
Jan 201452390.404.86$2,542
Dec 201355691.824.35$2,421
Nov 201339988.853.74$1,492
Oct 201355097.423.78$2,079
Sep 2013554104.113.72$2,060
Aug 2013559104.253.52$1,969
Jul 2013598102.523.72$2,223
Jun 201361094.403.93$2,399
May 201341994.834.15$1,738
Apr 201354293.964.28$2,321
Mar 201356393.623.91$2,203
Feb 201350991.233.42$1,741
Jan 201356391.603.42$1,925
Dec 201257086.773.42$1,949
Nov 201255786.953.62$2,019
Oct 201258789.383.40$1,996
Sep 201258094.672.92$1,693
Aug 201260792.662.91$1,765
Jul 201262185.133.02$1,876
Jun 201262379.822.52$1,569
May 201256191.612.49$1,396
Apr 2012583101.652.00$1,164
Mar 2012609105.052.22$1,353
Feb 2012566101.102.57$1,455
Jan 201261198.092.73$1,671
Dec 201161696.873.24$1,996
Nov 201161495.723.31$2,033
Oct 201164484.983.65$2,350
Sep 201164083.623.99$2,551
Aug 201167183.404.15$2,784
Jul 201165794.144.52$2,968
Jun 201165692.904.64$3,044
May 201168398.134.40$3,008
Apr 2011667105.964.33$2,890
Mar 201169096.364.06$2,800
Feb 201163785.644.18$2,663
Jan 201171386.504.59$3,272
Dec 201074385.734.35$3,230
Nov 201062180.843.80$2,357
Oct 201069978.103.51$2,453
Sep 201069172.633.98$2,750
Aug 201069773.684.42$3,080
Jul 201072072.554.74$3,410
Jun 201071070.364.91$3,486
May 201064771.124.24$2,740
Apr 201066981.694.12$2,758
Mar 201070578.394.39$3,094
Feb 201062773.585.44$3,412
Jan 201073674.365.96$4,390
Dec 200973471.445.48$4,025
Nov 200971574.593.75$2,682
Oct 200980572.544.11$3,309
Sep 200979465.543.06$2,433
Aug 200981367.423.22$2,617
Jul 200983961.133.46$2,907
Jun 200982966.163.90$3,229
May 200985554.743.93$3,357
Apr 200986146.773.59$3,089
Mar 200984542.144.06$3,430
Feb 200981532.814.63$3,776
Jan 200991835.865.37$4,931
Dec 200892837.105.98$5,547
Nov 200892655.496.86$6,353
Oct 200898675.246.92$6,825
Sep 20081,021101.767.88$8,043
Aug 20081,081114.228.48$9,170
Jul 20081,124131.0811.39$12,802
Jun 20081,131131.3313.03$14,740
May 20081,224123.1711.57$14,167
Apr 20081,164110.3110.45$12,169
Mar 20081,675101.909.66$16,187
Feb 20081,66292.538.77$14,577
Jan 20085490.388.21$443
Dec 20078388.337.30$606
Nov 20078291.677.29$598
Oct 200723982.856.92$1,654
Sep 20075075.846.24$312
Aug 20075669.066.39$358
Jul 20074670.906.39$294
Jun 200710562.007.55$793
May 200788658.747.85$6,952
Apr 200710959.617.81$851
Mar 200719856.927.30$1,446
Feb 20075555.108.22$452
Jan 200715350.306.73$1,029
Dec 200610856.656.92$747
Nov 20066254.207.62$472
Oct 20066354.906.01$379
Sep 20067760.085.04$388
Aug 20061968.717.34$139
Jul 2006169.376.34$6
Jun 200632766.286.38$2,088
May 20061,14766.016.42$7,369
Apr 20064064.397.36$294
Mar 20062556.707.08$177
Feb 20067557.597.75$581
Jan 200612660.598.93$1,126
Dec 20059254.9413.42$1,234
Nov 200574654.6910.59$7,899
Oct 200548558.3413.80$6,691
Sep 20055361.4512.08$640
Aug 20054461.519.80$431
Jul 20054955.697.84$384
Jun 2005052.337.38$0
May 20058345.226.65$552
Apr 20057549.207.36$552
Mar 20056850.377.15$487
Feb 200511245.226.31$707
Jan 20058843.166.32$556
Dec 20046039.866.75$405
Nov 20046845.286.33$430
Oct 20046449.706.52$417
Sep 20043843.245.28$201
Aug 20044142.375.55$228
Jul 20044838.286.08$292
Jun 20043636.106.43$232
May 200466937.486.49$4,345
Apr 200423834.475.86$1,394
Mar 20049634.365.53$531
Feb 200415932.455.51$876
Jan 200412232.036.30$769
Dec 20036330.266.30$397
Nov 20036128.804.60$280
Oct 200336728.174.76$1,747
Sep 200325226.314.75$1,197
Aug 200321429.765.13$1,098
Jul 200314829.415.17$765
Jun 200311528.565.98$688
May 20038126.595.97$484
Apr 200371126.675.41$3,845
Mar 200316031.146.10$975
Feb 200328233.487.93$2,235
Jan 200329630.315.58$1,652
Dec 200235926.914.85$1,743
Nov 200228324.664.14$1,171
Oct 2002026.464.23$0
Sep 2002027.443.64$0
Aug 2002025.963.16$0
Jul 2002124.583.06$3
Jun 200226723.733.34$891
May 200286424.663.58$3,097
Apr 200222723.653.51$797
Mar 200220122.003.10$624
Feb 200226118.222.38$620
Jan 20025517.172.38$131
Dec 20014716.932.36$111
Nov 200116018.072.41$385
Oct 200112319.782.53$311
Sep 20016824.262.25$153
Aug 20018724.873.05$266
Jul 200137623.933.20$1,202
Jun 20014924.563.82$187
May 20014925.524.31$211
Apr 200139424.685.34$2,102
Mar 20019924.545.38$532
Feb 20016327.755.77$363
Jan 200110927.478.40$915
Dec 200014826.889.12$1,350
Nov 200017632.215.66$996
Oct 200069931.235.15$3,597
Sep 20001,08731.875.19$5,638
Aug 200053929.644.54$2,447
Jul 200019528.534.09$798
Jun 20001,02329.304.40$4,498
May 200056627.263.68$2,083
Apr 200023424.513.12$729
Mar 200040928.422.86$1,170
Feb 20007927.622.73$215
Jan 200038425.272.48$953
Dec 199941424.282.42$1,003
Nov 199936823.192.43$896
Oct 19991,31420.982.80$3,684
Sep 19991,23521.752.62$3,234
Aug 199970119.262.88$2,016
Jul 199930717.892.37$728
Jun 199955815.942.36$1,318
May 199941115.792.32$954
Apr 199976115.102.21$1,680
Mar 199953112.471.84$976
Feb 19992539.981.82$460
Jan 199965810.381.90$1,250
Dec 19985799.201.77$1,027
Nov 199843810.892.19$957
Oct 19981,09112.421.97$2,148
Sep 19981,14412.592.08$2,383
Aug 19981,02111.301.91$1,947
Jul 1998011.742.24$0
Jun 1998011.242.24$0
May 1998012.622.21$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                  279 Mcf  × $  2.87 =       $801

────────────────────────────────────────────────────
Month total                                     $801

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/172351 is the state's own key, not one this site invented.