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 173056District 10Field 68831200Hydrogen sulphide fieldGasSaveExport
Value, all time
$761 k
Jul 1998 – May 2026
Value, last 12 filed months
$13 k
at the published price for each month
Months reported
335
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
GasProduction169,926 Mcf$760,528
Total$760,528

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 35.5425, -101.8704. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.54255, -101.87038 · 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
2,025 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 2,025 ft.

Completions filed
Jul 1998
1 of 1 wells

1 well

42-37531574131R2,025 ftJul 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 (335)

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

335 months

May 20260106.413.05$0
Apr 202629198.932.87$835
Mar 202630289.753.15$951
Feb 202628363.503.75$1,061
Jan 202630159.138.00$2,407
Dec 202530256.664.41$1,333
Nov 202529958.593.93$1,174
Oct 202531859.383.30$1,051
Sep 202531862.743.08$978
Aug 202531763.933.01$956
Jul 202531666.743.32$1,048
Jun 202531166.483.13$973
May 202533060.553.23$1,067
Apr 202530562.363.54$1,081
Mar 202535567.704.27$1,515
Feb 202537670.884.34$1,632
Jan 202525574.324.28$1,091
Dec 202433668.993.12$1,049
Nov 202434769.052.20$763
Oct 202439271.372.28$894
Sep 202437369.612.36$882
Aug 202443175.632.06$889
Jul 202447979.932.15$1,028
Jun 202452078.082.63$1,370
May 202466578.812.20$1,462
Apr 202481784.451.66$1,356
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 2023085.443.09$0
Sep 2023089.042.74$0
Aug 2023080.522.67$0
Jul 2023074.852.64$0
Jun 2023068.962.26$0
May 2023070.622.23$0
Apr 2023078.122.24$0
Mar 2023072.852.39$0
Feb 2023875.112.47$20
Jan 2023976.533.39$30
Dec 20221476.415.73$80
Nov 2022085.005.65$0
Oct 2022087.185.86$0
Sep 2022084.888.16$0
Aug 2022094.529.13$0
Jul 20226101.587.54$45
Jun 20222115.097.98$16
May 20220109.378.43$0
Apr 20220104.226.84$0
Mar 20226108.885.08$30
Feb 20222991.054.86$141
Jan 20222881.844.54$127
Dec 202128871.323.90$1,123
Nov 202128377.435.24$1,482
Oct 202130379.795.71$1,731
Sep 202130669.865.35$1,637
Aug 202131966.024.22$1,346
Jul 202131070.783.98$1,234
Jun 202131669.493.38$1,068
May 202134863.483.02$1,050
Apr 202122660.362.76$623
Mar 202137261.302.72$1,011
Feb 202115557.805.55$860
Jan 202130550.412.81$857
Dec 202031044.642.68$829
Nov 202032038.772.71$866
Oct 202027536.972.48$682
Sep 202030537.091.99$607
Aug 202032639.982.39$778
Jul 202032838.371.83$599
Jun 202031534.901.69$532
May 202031816.921.81$577
Apr 202029714.751.80$536
Mar 202030730.341.86$570
Feb 202027749.881.98$549
Jan 202030257.252.09$633
Dec 201932259.012.30$742
Nov 201929355.302.75$806
Oct 201930653.472.42$740
Sep 201933055.052.66$877
Aug 201931853.112.30$733
Jul 201931756.272.46$780
Jun 201930952.782.49$770
May 201933358.482.74$913
Apr 201933562.632.75$921
Mar 201935156.803.06$1,075
Feb 201931050.852.79$866
Jan 201934646.033.23$1,117
Dec 2018046.594.19$0
Nov 2018052.934.24$0
Oct 201835261.443.40$1,196
Sep 201835559.543.11$1,103
Aug 201837259.403.07$1,141
Jul 201838765.142.93$1,135
Jun 201843860.183.08$1,348
May 201824865.382.90$719
Apr 201845063.842.90$1,305
Mar 20186861.222.79$190
Feb 201832561.782.77$899
Jan 201837062.874.01$1,483
Dec 201735357.272.92$1,031
Nov 201742055.423.12$1,310
Oct 201731349.292.98$934
Sep 201723747.523.09$732
Aug 201720845.373.00$625
Jul 201719943.873.09$614
Jun 201735142.493.09$1,084
May 201738745.373.26$1,263
Apr 201734347.933.21$1,102
Mar 201736646.772.98$1,092
Feb 201735650.452.95$1,051
Jan 201737949.413.42$1,296
Dec 201637448.763.72$1,392
Nov 201638642.492.64$1,021
Oct 201645246.193.09$1,397
Sep 201613741.553.10$425
Aug 201635341.442.92$1,032
Jul 201638741.622.92$1,132
Jun 201637045.352.69$994
May 201637842.521.99$753
Apr 201636836.561.99$733
Mar 201638533.011.79$691
Feb 201635226.472.06$726
Jan 201638527.352.36$910
Dec 201538332.362.00$767
Nov 201537938.792.17$821
Oct 201539943.552.43$968
Sep 201539242.992.76$1,081
Aug 201540340.162.87$1,158
Jul 201541948.152.95$1,234
Jun 201544556.152.88$1,283
May 201527755.212.96$819
Apr 201539749.822.71$1,075
Mar 201541842.892.93$1,227
Feb 201537244.662.98$1,107
Jan 201543143.433.10$1,336
Dec 201442054.693.59$1,508
Nov 201442170.464.25$1,790
Oct 201446378.303.90$1,806
Sep 201447586.164.05$1,922
Aug 201426189.394.04$1,053
Jul 201444696.564.18$1,864
Jun 201442798.164.74$2,023
May 201445194.734.73$2,132
Apr 201443195.944.81$2,073
Mar 201445095.895.06$2,276
Feb 201439197.406.19$2,421
Jan 201444690.404.86$2,168
Dec 201345191.824.35$1,964
Nov 201343788.853.74$1,634
Oct 201346597.423.78$1,757
Sep 2013458104.113.72$1,703
Aug 2013486104.253.52$1,712
Jul 2013506102.523.72$1,881
Jun 201352494.403.93$2,061
May 201337994.834.15$1,573
Apr 201347793.964.28$2,043
Mar 201349393.623.91$1,929
Feb 201344491.233.42$1,518
Jan 201349391.603.42$1,686
Dec 201250486.773.42$1,724
Nov 201249186.953.62$1,780
Oct 201251489.383.40$1,747
Sep 201250994.672.92$1,485
Aug 201253492.662.91$1,553
Jul 201253385.133.02$1,610
Jun 201251179.822.52$1,287
May 201250391.612.49$1,252
Apr 2012501101.652.00$1,000
Mar 2012521105.052.22$1,158
Feb 2012487101.102.57$1,252
Jan 201252598.092.73$1,435
Dec 201151696.873.24$1,672
Nov 201151895.723.31$1,715
Oct 201154484.983.65$1,985
Sep 201153583.623.99$2,132
Aug 201156483.404.15$2,340
Jul 201154294.144.52$2,448
Jun 201155892.904.64$2,589
May 201158898.134.40$2,590
Apr 2011587105.964.33$2,544
Mar 201160896.364.06$2,467
Feb 201159085.644.18$2,466
Jan 201149986.504.59$2,290
Dec 201058885.734.35$2,556
Nov 201059280.843.80$2,247
Oct 201062478.103.51$2,190
Sep 201061972.633.98$2,463
Aug 201064473.684.42$2,846
Jul 201064172.554.74$3,036
Jun 201065970.364.91$3,236
May 201046971.124.24$1,986
Apr 201064081.694.12$2,639
Mar 201063578.394.39$2,787
Feb 201058273.585.44$3,167
Jan 201065474.365.96$3,901
Dec 200966171.445.48$3,625
Nov 200965474.593.75$2,453
Oct 200968772.544.11$2,824
Sep 200967965.543.06$2,081
Aug 200972567.423.22$2,333
Jul 200974161.133.46$2,567
Jun 200971866.163.90$2,797
May 200974154.743.93$2,909
Apr 200974746.773.59$2,680
Mar 200975242.144.06$3,052
Feb 200970032.814.63$3,243
Jan 200979035.865.37$4,243
Dec 200879137.105.98$4,728
Nov 200879155.496.86$5,427
Oct 200885175.246.92$5,891
Sep 2008901101.767.88$7,097
Aug 2008963114.228.48$8,169
Jul 20081,007131.0811.39$11,469
Jun 20081,024131.3313.03$13,345
May 20081,077123.1711.57$12,466
Apr 20081,169110.3110.45$12,222
Mar 20081,406101.909.66$13,588
Feb 20081,41692.538.77$12,419
Jan 200827290.388.21$2,232
Dec 200748488.337.30$3,534
Nov 200799491.677.29$7,248
Oct 200765582.856.92$4,534
Sep 200755775.846.24$3,478
Aug 200748169.066.39$3,073
Jul 200752870.906.39$3,373
Jun 200745662.007.55$3,442
May 200754458.747.85$4,268
Apr 200754759.617.81$4,269
Mar 200764156.927.30$4,681
Feb 200734755.108.22$2,851
Jan 200759950.306.73$4,029
Dec 200656156.656.92$3,881
Nov 200643854.207.62$3,336
Oct 200642154.906.01$2,532
Sep 200648260.085.04$2,428
Aug 200640168.717.34$2,943
Jul 200658869.376.34$3,730
Jun 200649866.286.38$3,179
May 200641166.016.42$2,641
Apr 200641564.397.36$3,055
Mar 200644356.707.08$3,138
Feb 200643357.597.75$3,356
Jan 200646060.598.93$4,109
Dec 200551454.9413.42$6,896
Nov 200555854.6910.59$5,908
Oct 200559458.3413.80$8,195
Sep 200547161.4512.08$5,689
Aug 200569361.519.80$6,789
Jul 200550655.697.84$3,969
Jun 2005052.337.38$0
May 200528045.226.65$1,862
Apr 200548649.207.36$3,577
Mar 200511550.377.15$823
Feb 200559345.226.31$3,743
Jan 200573243.166.32$4,628
Dec 200468039.866.75$4,591
Nov 200473845.286.33$4,672
Oct 200451749.706.52$3,368
Sep 200459943.245.28$3,165
Aug 200453542.375.55$2,970
Jul 200455638.286.08$3,383
Jun 200460236.106.43$3,873
May 200445837.486.49$2,975
Apr 200457234.475.86$3,351
Mar 200465234.365.53$3,606
Feb 200442732.455.51$2,353
Jan 200471832.036.30$4,523
Dec 200378230.266.30$4,928
Nov 200375628.804.60$3,474
Oct 200363128.174.76$3,003
Sep 200356926.314.75$2,702
Aug 200368829.765.13$3,529
Jul 200358729.415.17$3,035
Jun 200367528.565.98$4,039
May 200368426.595.97$4,085
Apr 200365926.675.41$3,563
Mar 200359431.146.10$3,621
Feb 200375233.487.93$5,960
Jan 200375830.315.58$4,231
Dec 200292626.914.85$4,495
Nov 200279124.664.14$3,272
Oct 200283126.464.23$3,514
Sep 200278527.443.64$2,854
Aug 200278325.963.16$2,478
Jul 20021,07624.583.06$3,294
Jun 200232723.733.34$1,092
May 200268724.663.58$2,462
Apr 200271823.653.51$2,522
Mar 200279622.003.10$2,470
Feb 200278118.222.38$1,855
Jan 200283217.172.38$1,977
Dec 200187316.932.36$2,064
Nov 200188418.072.41$2,126
Oct 200186219.782.53$2,180
Sep 200185324.262.25$1,920
Aug 200187424.873.05$2,668
Jul 200179023.933.20$2,526
Jun 200190524.563.82$3,461
May 200191525.524.31$3,941
Apr 200169624.685.34$3,713
Mar 200175224.545.38$4,043
Feb 200156027.755.77$3,230
Jan 200161227.478.40$5,140
Dec 200073226.889.12$6,678
Nov 200096332.215.66$5,449
Oct 200097331.235.15$5,007
Sep 200093331.875.19$4,839
Aug 200097129.644.54$4,409
Jul 200072328.534.09$2,957
Jun 200083029.304.40$3,650
May 20001,00927.263.68$3,713
Apr 200088324.513.12$2,751
Mar 200099828.422.86$2,854
Feb 200075227.622.73$2,050
Jan 200092025.272.48$2,282
Dec 19991,02524.282.42$2,484
Nov 199987923.192.43$2,139
Oct 199994720.982.80$2,655
Sep 199993021.752.62$2,436
Aug 199991719.262.88$2,637
Jul 19991,00117.892.37$2,375
Jun 199999615.942.36$2,353
May 19991,14115.792.32$2,648
Apr 199997815.102.21$2,159
Mar 19991,06212.471.84$1,952
Feb 19998869.981.82$1,611
Jan 19991,26210.381.90$2,398
Dec 19981,3279.201.77$2,353
Nov 19981,41710.892.19$3,097
Oct 19981,55412.421.97$3,060
Sep 19981,55412.592.08$3,236
Aug 19981,41111.301.91$2,691
Jul 1998011.742.24$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                  291 Mcf  × $  2.87 =       $835

────────────────────────────────────────────────────
Month total                                     $835

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/173056 is the state's own key, not one this site invented.