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 198026District 10Field 68831001GasSaveExport
Value, all time
$4.1 M
Oct 2003 – May 2026
Value, last 12 filed months
$78 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
GasProduction808,115 Mcf$4,074,461
Total$4,074,461

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 35.5772, -101.8358. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.57716, -101.83576 · 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
2,908 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 2,908 ft.

Completions filed
May 2004
1 of 1 wells

1 well

42-37531659B1302,908 ftMay 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 20261,79498.932.87$5,148
Mar 20261,91389.753.15$6,025
Feb 20261,71063.503.75$6,413
Jan 20261,77159.138.00$14,164
Dec 20251,39056.664.41$6,135
Nov 20251,64958.593.93$6,475
Oct 20252,09259.383.30$6,914
Sep 20252,17262.743.08$6,683
Aug 20251,82763.933.01$5,508
Jul 20252,32966.743.32$7,721
Jun 20252,27166.483.13$7,105
May 20252,20260.553.23$7,118
Apr 20251,92162.363.54$6,806
Mar 20251,74867.704.27$7,461
Feb 20251,95970.884.34$8,504
Jan 20252,11174.324.28$9,032
Dec 20242,20268.993.12$6,873
Nov 20242,22669.052.20$4,894
Oct 20242,42771.372.28$5,537
Sep 20242,38569.612.36$5,639
Aug 20242,43475.632.06$5,023
Jul 20242,51179.932.15$5,390
Jun 20242,42078.082.63$6,374
May 20242,40278.812.20$5,281
Apr 20242,41984.451.66$4,014
Mar 20242,43580.301.55$3,762
Feb 20242,25276.091.78$4,017
Jan 20242,19673.023.30$7,242
Dec 20232,45171.262.61$6,399
Nov 20232,47777.892.81$6,954
Oct 20232,61285.443.09$8,064
Sep 20232,52989.042.74$6,917
Aug 20232,65580.522.67$7,097
Jul 20235,24074.852.64$13,843
Jun 20232,06268.962.26$4,657
May 20232,59270.622.23$5,773
Apr 20232,52378.122.24$5,646
Mar 20232,45772.852.39$5,880
Feb 20232,17775.112.47$5,368
Jan 20232,51776.533.39$8,527
Dec 20222,52576.415.73$14,466
Nov 20222,56185.005.65$14,460
Oct 20222,78987.185.86$16,354
Sep 20222,74284.888.16$22,385
Aug 20222,83994.529.13$25,912
Jul 20222,865101.587.54$21,608
Jun 20222,480115.097.98$19,783
May 20222,491109.378.43$21,007
Apr 20222,312104.226.84$15,809
Mar 20222,505108.885.08$12,716
Feb 20222,25691.054.86$10,962
Jan 20222,41881.844.54$10,972
Dec 20212,45971.323.90$9,588
Nov 20212,46877.435.24$12,925
Oct 20212,63179.795.71$15,033
Sep 20212,58869.865.35$13,848
Aug 20212,70666.024.22$11,421
Jul 20212,72270.783.98$10,839
Jun 20212,58969.493.38$8,752
May 20212,87663.483.02$8,679
Apr 20211,45460.362.76$4,011
Mar 20212,54061.302.72$6,901
Feb 20211,35357.805.55$7,506
Jan 20212,54650.412.81$7,155
Dec 20202,69744.642.68$7,216
Nov 20202,01638.772.71$5,456
Oct 20202,52836.972.48$6,265
Sep 20202,72937.091.99$5,434
Aug 20202,79739.982.39$6,671
Jul 20202,86838.371.83$5,234
Jun 20202,54334.901.69$4,298
May 20202,90416.921.81$5,270
Apr 20202,81714.751.80$5,083
Mar 20202,65830.341.86$4,934
Feb 20202,06149.881.98$4,082
Jan 20201,68357.252.09$3,525
Dec 2019059.012.30$0
Nov 20192,13355.302.75$5,867
Oct 20192,01353.472.42$4,869
Sep 20192,29455.052.66$6,096
Aug 2019053.112.30$0
Jul 20192,35956.272.46$5,803
Jun 20191,91552.782.49$4,771
May 20192,22158.482.74$6,086
Apr 20191,30862.632.75$3,598
Mar 20192,19756.803.06$6,727
Feb 2019050.852.79$0
Jan 2019046.033.23$0
Dec 2018046.594.19$0
Nov 2018052.934.24$0
Oct 20182,53261.443.40$8,604
Sep 20182,55359.543.11$7,935
Aug 20182,72359.403.07$8,350
Jul 20182,77465.142.93$8,133
Jun 20182,65460.183.08$8,166
May 20182,80965.382.90$8,148
Apr 20182,82063.842.90$8,180
Mar 201890661.222.79$2,525
Feb 20182,61061.782.77$7,220
Jan 20182,87662.874.01$11,531
Dec 20172,59157.272.92$7,570
Nov 20172,79755.423.12$8,722
Oct 20171,33949.292.98$3,995
Sep 20171,46947.523.09$4,535
Aug 201796045.373.00$2,884
Jul 201779443.873.09$2,451
Jun 20172,37242.493.09$7,323
May 20172,44445.373.26$7,976
Apr 20172,35447.933.21$7,560
Mar 20172,56146.772.98$7,641
Feb 20172,21750.452.95$6,546
Jan 20172,30649.413.42$7,884
Dec 20162,51448.763.72$9,359
Nov 20162,52842.492.64$6,685
Oct 20162,70746.193.09$8,365
Sep 20162,04041.553.10$6,325
Aug 20162,10641.442.92$6,159
Jul 20162,05341.622.92$6,004
Jun 20162,16045.352.69$5,801
May 20162,12542.521.99$4,231
Apr 20162,19936.561.99$4,378
Mar 20162,27233.011.79$4,076
Feb 20161,81926.472.06$3,754
Jan 20162,10827.352.36$4,984
Dec 20152,02332.362.00$4,049
Nov 20152,28238.792.17$4,946
Oct 20152,46543.552.43$5,982
Sep 20152,46242.992.76$6,791
Aug 20152,39840.162.87$6,888
Jul 20152,41548.152.95$7,112
Jun 20152,45956.152.88$7,089
May 20151,76755.212.96$5,222
Apr 20152,52349.822.71$6,829
Mar 20152,65642.892.93$7,795
Feb 20152,25144.662.98$6,699
Jan 20152,39143.433.10$7,414
Dec 20142,52054.693.59$9,050
Nov 20142,41870.464.25$10,281
Oct 20142,55078.303.90$9,947
Sep 20141,88286.164.05$7,614
Aug 20141,52789.394.04$6,162
Jul 20142,57796.564.18$10,771
Jun 20142,35998.164.74$11,174
May 20142,21794.734.73$10,479
Apr 20142,44595.944.81$11,758
Mar 20142,50795.895.06$12,677
Feb 20142,46297.406.19$15,245
Jan 20142,90890.404.86$14,135
Dec 20132,74291.824.35$11,940
Nov 20132,58888.853.74$9,675
Oct 20132,86797.423.78$10,835
Sep 20132,863104.113.72$10,644
Aug 20133,022104.253.52$10,645
Jul 20132,934102.523.72$10,908
Jun 20132,97594.403.93$11,702
May 20132,52894.834.15$10,489
Apr 20132,85593.964.28$12,227
Mar 20132,82693.623.91$11,058
Feb 20132,62891.233.42$8,988
Jan 20133,03491.603.42$10,376
Dec 20123,07486.773.42$10,514
Nov 20123,01286.953.62$10,918
Oct 20123,12889.383.40$10,634
Sep 20123,06294.672.92$8,936
Aug 20123,18592.662.91$9,262
Jul 20123,21385.133.02$9,706
Jun 20122,98579.822.52$7,519
May 20122,65591.612.49$6,606
Apr 20123,029101.652.00$6,048
Mar 20122,911105.052.22$6,468
Feb 20122,747101.102.57$7,060
Jan 20122,95398.092.73$8,074
Dec 20112,87196.873.24$9,301
Nov 20113,23195.723.31$10,699
Oct 20113,36684.983.65$12,281
Sep 20113,38783.623.99$13,500
Aug 20113,59083.404.15$14,896
Jul 20113,26294.144.52$14,735
Jun 20113,45192.904.64$16,012
May 20113,58798.134.40$15,800
Apr 20113,380105.964.33$14,646
Mar 20113,53596.364.06$14,343
Feb 20112,98085.644.18$12,456
Jan 20113,56486.504.59$16,354
Dec 20103,58985.734.35$15,604
Nov 20103,57380.843.80$13,561
Oct 20103,73778.103.51$13,113
Sep 20103,28372.633.98$13,065
Aug 20103,46973.684.42$15,331
Jul 20103,56672.554.74$16,890
Jun 20103,11270.364.91$15,281
May 20102,40371.124.24$10,177
Apr 20103,33581.694.12$13,749
Mar 20103,40278.394.39$14,930
Feb 20102,50473.585.44$13,628
Jan 20103,45174.365.96$20,582
Dec 20093,44571.445.48$18,892
Nov 20093,13774.593.75$11,768
Oct 20093,67172.544.11$15,089
Sep 20093,60265.543.06$11,039
Aug 20093,75067.423.22$12,069
Jul 20093,68061.133.46$12,749
Jun 20093,47166.163.90$13,520
May 20093,66554.743.93$14,388
Apr 20093,67646.773.59$13,188
Mar 20093,65742.144.06$14,844
Feb 20093,50632.814.63$16,243
Jan 20093,89635.865.37$20,925
Dec 20083,94837.105.98$23,598
Nov 20083,84255.496.86$26,358
Oct 20083,94175.246.92$27,280
Sep 20083,997101.767.88$31,485
Aug 20084,060114.228.48$34,441
Jul 20084,089131.0811.39$46,571
Jun 20083,928131.3313.03$51,192
May 20084,061123.1711.57$47,003
Apr 20084,066110.3110.45$42,509
Mar 20084,304101.909.66$41,594
Feb 20084,09292.538.77$35,889
Jan 20084,27390.388.21$35,063
Dec 20074,13688.337.30$30,201
Nov 20074,36791.677.29$31,843
Oct 20074,54582.856.92$31,460
Sep 20074,48375.846.24$27,993
Aug 20074,72569.066.39$30,183
Jul 20074,68570.906.39$29,928
Jun 20074,56262.007.55$34,436
May 20074,64758.747.85$36,462
Apr 20074,26759.617.81$33,305
Mar 20074,63856.927.30$33,867
Feb 20074,15055.108.22$34,096
Jan 20074,28150.306.73$28,798
Dec 20064,27556.656.92$29,576
Nov 20064,70254.207.62$35,817
Oct 20065,08254.906.01$30,562
Sep 20064,91460.085.04$24,753
Aug 20064,90368.717.34$35,988
Jul 20065,35669.376.34$33,972
Jun 20064,99666.286.38$31,894
May 20064,89866.016.42$31,470
Apr 20065,14564.397.36$37,870
Mar 20065,41156.707.08$38,326
Feb 20064,98657.597.75$38,647
Jan 20065,58660.598.93$49,902
Dec 20055,72254.9413.42$76,763
Nov 20055,72854.6910.59$60,650
Oct 20055,83458.3413.80$80,484
Sep 20055,80961.4512.08$70,167
Aug 20056,03061.519.80$59,075
Jul 20056,27755.697.84$49,235
Jun 20054,97152.337.38$36,691
May 20053,08645.226.65$20,525
Apr 20055,73649.207.36$42,220
Mar 20055,89450.377.15$42,171
Feb 20055,52645.226.31$34,880
Jan 20056,10943.166.32$38,622
Dec 20046,28139.866.75$42,404
Nov 20046,09145.286.33$38,559
Oct 20046,96249.706.52$45,358
Sep 20047,04843.245.28$37,241
Aug 20047,53442.375.55$41,819
Jul 20048,02738.286.08$48,838
Jun 20047,89236.106.43$50,769
May 20046,14537.486.49$39,909
Apr 2004034.475.86$0
Mar 2004034.365.53$0
Feb 2004032.455.51$0
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                1,794 Mcf  × $  2.87 =     $5,148

────────────────────────────────────────────────────
Month total                                   $5,148

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/198026 is the state's own key, not one this site invented.