MASTERSON

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

Gas lease lease 198024District 10Field 68831001GasSaveExport
Value, all time
$2.2 M
Oct 2003 – May 2026
Value, last 12 filed months
$35 k
at the published price for each month
Months reported
272
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 4,532 leases and 4,532 wells, and the rule below applies to all of them.

Discovered
1933-02-08
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 2013-11-12.

The Commission's schedule remark for this field reads: IS HEREBY SUSPENDED.

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
GasProduction406,398 Mcf$2,156,963
Total$2,156,963

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 35.5511, -101.8722. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.55115, -101.87223 · 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
2,900 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 2,900 ft.

Completions filed
Feb 2004
1 of 1 wells

1 well

42-37531656B1292,900 ftFeb 2004

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 (272)

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

272 months

May 20260106.413.05$0
Apr 202678598.932.87$2,253
Mar 202686689.753.15$2,727
Feb 202679463.503.75$2,978
Jan 202684459.138.00$6,750
Dec 202584556.664.41$3,729
Nov 202582158.593.93$3,224
Oct 202587759.383.30$2,898
Sep 202586762.743.08$2,668
Aug 202577063.933.01$2,321
Jul 202589466.743.32$2,964
Jun 202587866.483.13$2,747
May 202589960.553.23$2,906
Apr 202587162.363.54$3,086
Mar 202592967.704.27$3,965
Feb 202576570.884.34$3,321
Jan 202584874.324.28$3,628
Dec 202486868.993.12$2,709
Nov 202486169.052.20$1,893
Oct 202491271.372.28$2,081
Sep 202487969.612.36$2,078
Aug 202491875.632.06$1,894
Jul 202494279.932.15$2,022
Jun 202491178.082.63$2,400
May 202495278.812.20$2,093
Apr 202488384.451.66$1,465
Mar 202491080.301.55$1,406
Feb 202482476.091.78$1,470
Jan 202488573.023.30$2,918
Dec 202392871.262.61$2,423
Nov 202391377.892.81$2,563
Oct 202396185.443.09$2,967
Sep 202395089.042.74$2,598
Aug 202399080.522.67$2,646
Jul 202389474.852.64$2,362
Jun 202391168.962.26$2,057
May 202391570.622.23$2,038
Apr 202394878.122.24$2,121
Mar 202376972.852.39$1,840
Feb 202362175.112.47$1,531
Jan 202395876.533.39$3,245
Dec 202296976.415.73$5,551
Nov 202296185.005.65$5,426
Oct 20221,01587.185.86$5,952
Sep 202297984.888.16$7,992
Aug 20221,02594.529.13$9,355
Jul 20221,058101.587.54$7,980
Jun 2022910115.097.98$7,259
May 2022849109.378.43$7,160
Apr 2022807104.226.84$5,518
Mar 2022714108.885.08$3,625
Feb 202276991.054.86$3,736
Jan 202267481.844.54$3,058
Dec 202177871.323.90$3,034
Nov 202181477.435.24$4,263
Oct 202188079.795.71$5,028
Sep 202186469.865.35$4,623
Aug 202187866.024.22$3,706
Jul 202188870.783.98$3,536
Jun 202192569.493.38$3,127
May 202198363.483.02$2,966
Apr 202146360.362.76$1,277
Mar 202176361.302.72$2,073
Feb 202130157.805.55$1,670
Jan 202184250.412.81$2,366
Dec 202090644.642.68$2,424
Nov 202080338.772.71$2,173
Oct 202084136.972.48$2,084
Sep 202092637.091.99$1,844
Aug 202096739.982.39$2,306
Jul 202099138.371.83$1,809
Jun 202099734.901.69$1,685
May 202034416.921.81$624
Apr 202088614.751.80$1,599
Mar 202082630.341.86$1,533
Feb 202075949.881.98$1,503
Jan 202063757.252.09$1,334
Dec 2019059.012.30$0
Nov 20191,00655.302.75$2,767
Oct 20191,04853.472.42$2,535
Sep 20191,05255.052.66$2,795
Aug 2019053.112.30$0
Jul 20191,09456.272.46$2,691
Jun 20191,05852.782.49$2,636
May 20191,11958.482.74$3,066
Apr 20191,09162.632.75$3,001
Mar 20191,10656.803.06$3,387
Feb 2019050.852.79$0
Jan 2019046.033.23$0
Dec 2018046.594.19$0
Nov 2018052.934.24$0
Oct 20181,11861.443.40$3,799
Sep 20181,10059.543.11$3,419
Aug 20181,13959.403.07$3,493
Jul 20181,17565.142.93$3,445
Jun 20181,20360.183.08$3,702
May 201864665.382.90$1,874
Apr 20181,06963.842.90$3,101
Mar 201821561.222.79$599
Feb 201899761.782.77$2,758
Jan 20181,09862.874.01$4,402
Dec 20171,10257.272.92$3,220
Nov 20171,21555.423.12$3,789
Oct 201760749.292.98$1,811
Sep 201761147.523.09$1,886
Aug 201787345.373.00$2,623
Jul 201755443.873.09$1,710
Jun 20171,03942.493.09$3,208
May 20171,15145.373.26$3,756
Apr 20171,13147.933.21$3,632
Mar 20171,16946.772.98$3,488
Feb 20171,07150.452.95$3,162
Jan 20171,14649.413.42$3,918
Dec 20161,09348.763.72$4,069
Nov 20161,23742.492.64$3,271
Oct 201672646.193.09$2,244
Sep 201625341.553.10$784
Aug 20161,07441.442.92$3,141
Jul 20161,07841.622.92$3,152
Jun 20161,13645.352.69$3,051
May 20161,14942.521.99$2,288
Apr 20161,14136.561.99$2,272
Mar 20161,20533.011.79$2,162
Feb 20161,10226.472.06$2,274
Jan 20161,20727.352.36$2,854
Dec 20151,20632.362.00$2,414
Nov 20151,23638.792.17$2,679
Oct 20151,31443.552.43$3,189
Sep 20151,28842.992.76$3,553
Aug 20151,32340.162.87$3,800
Jul 20151,27548.152.95$3,755
Jun 20151,37456.152.88$3,961
May 201576355.212.96$2,255
Apr 20151,29149.822.71$3,494
Mar 20151,20142.892.93$3,525
Feb 20151,08344.662.98$3,223
Jan 20151,26743.433.10$3,929
Dec 20141,34554.693.59$4,830
Nov 20141,22770.464.25$5,217
Oct 20141,28378.303.90$5,005
Sep 201449586.164.05$2,002
Aug 201477189.394.04$3,111
Jul 20141,32096.564.18$5,517
Jun 20141,23698.164.74$5,855
May 20141,31394.734.73$6,206
Apr 20141,08795.944.81$5,228
Mar 20141,32895.895.06$6,715
Feb 20141,13097.406.19$6,997
Jan 20141,28990.404.86$6,265
Dec 20131,21391.824.35$5,282
Nov 20131,32988.853.74$4,968
Oct 20131,40297.423.78$5,299
Sep 20131,326104.113.72$4,930
Aug 20131,400104.253.52$4,932
Jul 20131,466102.523.72$5,450
Jun 20131,45494.403.93$5,719
May 20131,28994.834.15$5,348
Apr 20131,33793.964.28$5,726
Mar 20131,39393.623.91$5,451
Feb 20131,24391.233.42$4,251
Jan 20131,38091.603.42$4,719
Dec 20121,40086.773.42$4,788
Nov 20121,40186.953.62$5,079
Oct 20121,40289.383.40$4,766
Sep 20121,42594.672.92$4,159
Aug 20121,47992.662.91$4,301
Jul 20121,51085.133.02$4,561
Jun 20121,43579.822.52$3,615
May 20121,37891.612.49$3,429
Apr 20121,444101.652.00$2,883
Mar 20121,501105.052.22$3,335
Feb 20121,367101.102.57$3,514
Jan 20121,49198.092.73$4,077
Dec 20111,46196.873.24$4,733
Nov 20111,49195.723.31$4,937
Oct 20111,55184.983.65$5,659
Sep 20111,55483.623.99$6,194
Aug 20111,62483.404.15$6,739
Jul 20111,50094.144.52$6,776
Jun 20111,62392.904.64$7,531
May 20111,72298.134.40$7,585
Apr 20111,485105.964.33$6,435
Mar 20111,71696.364.06$6,962
Feb 20111,30085.644.18$5,434
Jan 20111,29486.504.59$5,938
Dec 20101,62085.734.35$7,043
Nov 20101,67080.843.80$6,338
Oct 20101,79478.103.51$6,295
Sep 20101,78072.633.98$7,083
Aug 20101,82073.684.42$8,043
Jul 20101,61672.554.74$7,654
Jun 20101,43270.364.91$7,032
May 20101,33271.124.24$5,641
Apr 20101,72781.694.12$7,120
Mar 20101,77478.394.39$7,786
Feb 20101,61073.585.44$8,762
Jan 20101,84374.365.96$10,992
Dec 20091,85371.445.48$10,161
Nov 20091,84174.593.75$6,907
Oct 20091,93072.544.11$7,933
Sep 20091,83065.543.06$5,608
Aug 20091,93067.423.22$6,212
Jul 20092,04061.133.46$7,068
Jun 20091,32266.163.90$5,149
May 20091,92354.743.93$7,549
Apr 20091,95146.773.59$6,999
Mar 20091,96442.144.06$7,972
Feb 20091,82132.814.63$8,437
Jan 20092,06835.865.37$11,107
Dec 20081,95637.105.98$11,691
Nov 20082,00155.496.86$13,728
Oct 20082,13275.246.92$14,758
Sep 20082,105101.767.88$16,581
Aug 20082,182114.228.48$18,510
Jul 20082,200131.0811.39$25,057
Jun 20082,142131.3313.03$27,916
May 20082,132123.1711.57$24,676
Apr 20082,185110.3110.45$22,844
Mar 20082,265101.909.66$21,889
Feb 20082,17692.538.77$19,085
Jan 20082,28990.388.21$18,783
Dec 20072,35588.337.30$17,196
Nov 20072,27291.677.29$16,567
Oct 20072,39082.856.92$16,544
Sep 20072,38375.846.24$14,880
Aug 20072,49369.066.39$15,925
Jul 20072,52270.906.39$16,110
Jun 20072,57062.007.55$19,400
May 20072,50158.747.85$19,624
Apr 20072,51759.617.81$19,646
Mar 20072,74556.927.30$20,044
Feb 20072,47155.108.22$20,302
Jan 20072,85050.306.73$19,172
Dec 20062,72656.656.92$18,860
Nov 20062,77754.207.62$21,154
Oct 20063,01254.906.01$18,114
Sep 20062,61360.085.04$13,162
Aug 20062,49268.717.34$18,291
Jul 20062,96569.376.34$18,806
Jun 20062,97366.286.38$18,979
May 20063,00266.016.42$19,288
Apr 20063,08764.397.36$22,722
Mar 20063,15356.707.08$22,332
Feb 20062,95057.597.75$22,866
Jan 20063,35560.598.93$29,971
Dec 20053,46154.9413.42$46,431
Nov 20053,44454.6910.59$36,466
Oct 20053,57858.3413.80$49,361
Sep 20053,69661.4512.08$44,644
Aug 20053,31061.519.80$32,428
Jul 20053,02955.697.84$23,758
Jun 2005052.337.38$0
May 20051,64845.226.65$10,961
Apr 20053,51149.207.36$25,843
Mar 20053,73150.377.15$26,695
Feb 20053,41645.226.31$21,562
Jan 20053,91643.166.32$24,758
Dec 20044,02739.866.75$27,187
Nov 20044,00545.286.33$25,353
Oct 20044,19049.706.52$27,298
Sep 20044,26043.245.28$22,509
Aug 20044,56442.375.55$25,333
Jul 20044,76338.286.08$28,979
Jun 20044,78336.106.43$30,769
May 20043,90637.486.49$25,368
Apr 20044,98334.475.86$29,193
Mar 20045,53834.365.53$30,626
Feb 20043,52632.455.51$19,427
Jan 2004032.036.30$0
Dec 2003030.266.30$0
Nov 2003028.804.60$0
Oct 2003028.174.76$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                  785 Mcf  × $  2.87 =     $2,253

────────────────────────────────────────────────────
Month total                                   $2,253

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/198024 is the state's own key, not one this site invented.