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 198467District 10Field 68831001GasSaveExport
Value, all time
$1.3 M
Oct 2003 – May 2026
Value, last 12 filed months
$0
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
GasProduction240,274 Mcf$1,304,199
Total$1,304,199

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 35.5134, -101.8233. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.51342, -101.82329 · 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
2,977 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 2,977 ft.

Completions filed
Mar 2004
1 of 1 wells

1 well

42-37531658N 22,977 ftMar 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 2026098.932.87$0
Mar 2026089.753.15$0
Feb 2026063.503.75$0
Jan 2026059.138.00$0
Dec 2025056.664.41$0
Nov 2025058.593.93$0
Oct 2025059.383.30$0
Sep 2025062.743.08$0
Aug 2025063.933.01$0
Jul 2025066.743.32$0
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 2025074.324.28$0
Dec 2024068.993.12$0
Nov 2024069.052.20$0
Oct 2024071.372.28$0
Sep 2024069.612.36$0
Aug 2024075.632.06$0
Jul 2024079.932.15$0
Jun 2024078.082.63$0
May 2024078.812.20$0
Apr 2024084.451.66$0
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 2023075.112.47$0
Jan 2023076.533.39$0
Dec 2022076.415.73$0
Nov 2022085.005.65$0
Oct 2022087.185.86$0
Sep 2022084.888.16$0
Aug 2022094.529.13$0
Jul 20220101.587.54$0
Jun 20220115.097.98$0
May 20220109.378.43$0
Apr 20220104.226.84$0
Mar 20220108.885.08$0
Feb 2022091.054.86$0
Jan 2022081.844.54$0
Dec 2021071.323.90$0
Nov 2021077.435.24$0
Oct 2021079.795.71$0
Sep 2021069.865.35$0
Aug 2021066.024.22$0
Jul 2021070.783.98$0
Jun 2021069.493.38$0
May 2021063.483.02$0
Apr 2021060.362.76$0
Mar 2021061.302.72$0
Feb 2021057.805.55$0
Jan 2021050.412.81$0
Dec 2020044.642.68$0
Nov 2020038.772.71$0
Oct 2020036.972.48$0
Sep 2020037.091.99$0
Aug 2020039.982.39$0
Jul 2020038.371.83$0
Jun 2020034.901.69$0
May 2020016.921.81$0
Apr 2020014.751.80$0
Mar 202030930.341.86$574
Feb 202012849.881.98$254
Jan 202018657.252.09$390
Dec 2019059.012.30$0
Nov 201944555.302.75$1,224
Oct 201949553.472.42$1,197
Sep 201956555.052.66$1,501
Aug 2019053.112.30$0
Jul 201985756.272.46$2,108
Jun 201984852.782.49$2,113
May 201991458.482.74$2,505
Apr 201990162.632.75$2,478
Mar 201991456.803.06$2,799
Feb 2019050.852.79$0
Jan 2019046.033.23$0
Dec 2018046.594.19$0
Nov 2018052.934.24$0
Oct 201890861.443.40$3,085
Sep 201891759.543.11$2,850
Aug 201891759.403.07$2,812
Jul 201898165.142.93$2,876
Jun 201899160.183.08$3,049
May 201854065.382.90$1,566
Apr 201889163.842.90$2,585
Mar 201817661.222.79$490
Feb 201884161.782.77$2,326
Jan 201891462.874.01$3,665
Dec 201798957.272.92$2,889
Nov 20171,01655.423.12$3,168
Oct 201758249.292.98$1,737
Sep 201756347.523.09$1,738
Aug 201737345.373.00$1,121
Jul 201727843.873.09$858
Jun 201789842.493.09$2,772
May 201798945.373.26$3,228
Apr 201792147.933.21$2,958
Mar 201796246.772.98$2,870
Feb 201786450.452.95$2,551
Jan 201796949.413.42$3,313
Dec 201685848.763.72$3,194
Nov 201695442.492.64$2,523
Oct 20161,02246.193.09$3,158
Sep 201659641.553.10$1,848
Aug 201693541.442.92$2,734
Jul 201694141.622.92$2,752
Jun 201693545.352.69$2,511
May 201696842.521.99$1,927
Apr 201694636.561.99$1,884
Mar 201692933.011.79$1,667
Feb 201682226.472.06$1,696
Jan 201697627.352.36$2,308
Dec 201598532.362.00$1,971
Nov 201597838.792.17$2,120
Oct 20151,02443.552.43$2,485
Sep 20151,01842.992.76$2,808
Aug 20151,03740.162.87$2,979
Jul 20151,05048.152.95$3,092
Jun 20151,15056.152.88$3,315
May 201563455.212.96$1,874
Apr 201598349.822.71$2,661
Mar 20151,04942.892.93$3,079
Feb 201580044.662.98$2,381
Jan 201598443.433.10$3,051
Dec 20141,10554.693.59$3,968
Nov 201493970.464.25$3,992
Oct 201498878.303.90$3,854
Sep 201443386.164.05$1,752
Aug 201461789.394.04$2,490
Jul 20141,05796.564.18$4,418
Jun 20141,02798.164.74$4,865
May 20141,10894.734.73$5,237
Apr 201484995.944.81$4,083
Mar 20141,06295.895.06$5,370
Feb 201478697.406.19$4,867
Jan 20141,01390.404.86$4,924
Dec 20131,03191.824.35$4,489
Nov 201399088.853.74$3,701
Oct 20131,01597.423.78$3,836
Sep 20131,162104.113.72$4,320
Aug 20131,222104.253.52$4,305
Jul 20131,232102.523.72$4,580
Jun 20131,26894.403.93$4,988
May 201378094.834.15$3,236
Apr 20131,14593.964.28$4,904
Mar 20131,20893.623.91$4,727
Feb 20131,09291.233.42$3,735
Jan 20131,18591.603.42$4,053
Dec 20121,17986.773.42$4,032
Nov 20121,18686.953.62$4,299
Oct 20121,17989.383.40$4,008
Sep 20121,25194.672.92$3,651
Aug 20121,32092.662.91$3,839
Jul 20121,27285.133.02$3,842
Jun 20121,20379.822.52$3,030
May 20121,16791.612.49$2,904
Apr 20121,241101.652.00$2,478
Mar 20121,295105.052.22$2,878
Feb 20121,165101.102.57$2,994
Jan 20121,28598.092.73$3,513
Dec 20111,24796.873.24$4,040
Nov 20111,27995.723.31$4,235
Oct 20111,33384.983.65$4,864
Sep 20111,32883.623.99$5,293
Aug 20111,42183.404.15$5,896
Jul 201192794.144.52$4,187
Jun 201199792.904.64$4,626
May 20111,06798.134.40$4,700
Apr 20111,035105.964.33$4,485
Mar 20111,24896.364.06$5,064
Feb 20111,08785.644.18$4,544
Jan 20111,28686.504.59$5,901
Dec 20101,27285.734.35$5,530
Nov 20101,32580.843.80$5,029
Oct 20101,40578.103.51$4,930
Sep 20101,30672.633.98$5,197
Aug 20101,35473.684.42$5,984
Jul 20101,23172.554.74$5,831
Jun 20101,10170.364.91$5,406
May 201092771.124.24$3,926
Apr 20101,30881.694.12$5,392
Mar 20101,32878.394.39$5,828
Feb 20101,18073.585.44$6,422
Jan 20101,38974.365.96$8,284
Dec 20091,40771.445.48$7,716
Nov 20091,39274.593.75$5,222
Oct 20091,46572.544.11$6,022
Sep 20091,39065.543.06$4,260
Aug 20091,44167.423.22$4,638
Jul 20091,49261.133.46$5,169
Jun 200968966.163.90$2,684
May 20091,42854.743.93$5,606
Apr 20091,43446.773.59$5,144
Mar 20091,49942.144.06$6,084
Feb 20091,30932.814.63$6,065
Jan 20091,48335.865.37$7,965
Dec 20081,44637.105.98$8,643
Nov 20081,45155.496.86$9,954
Oct 20081,54975.246.92$10,722
Sep 20081,534101.767.88$12,083
Aug 20081,581114.228.48$13,412
Jul 20081,602131.0811.39$18,246
Jun 20081,571131.3313.03$20,474
May 20081,567123.1711.57$18,137
Apr 20081,607110.3110.45$16,801
Mar 20081,676101.909.66$16,197
Feb 20081,59492.538.77$13,980
Jan 20081,69190.388.21$13,876
Dec 20071,69788.337.30$12,391
Nov 20071,63191.677.29$11,893
Oct 20071,74382.856.92$12,065
Sep 20071,70575.846.24$10,646
Aug 20071,78969.066.39$11,428
Jul 20071,82470.906.39$11,652
Jun 20071,83862.007.55$13,874
May 20071,83958.747.85$14,429
Apr 20071,83059.617.81$14,284
Mar 20071,94356.927.30$14,188
Feb 20071,71655.108.22$14,099
Jan 20071,89350.306.73$12,734
Dec 20061,83256.656.92$12,675
Nov 20061,91254.207.62$14,565
Oct 20062,07454.906.01$12,473
Sep 20061,81660.085.04$9,148
Aug 20061,87268.717.34$13,740
Jul 20062,17369.376.34$13,783
Jun 20061,97466.286.38$12,602
May 20061,71666.016.42$11,025
Apr 20061,93964.397.36$14,272
Mar 20062,08656.707.08$14,775
Feb 20061,92857.597.75$14,944
Jan 20062,14860.598.93$19,189
Dec 20052,30154.9413.42$30,869
Nov 20051,82554.6910.59$19,324
Oct 20052,27658.3413.80$31,399
Sep 20052,33961.4512.08$28,253
Aug 20052,05661.519.80$20,142
Jul 20052,10355.697.84$16,495
Jun 2005052.337.38$0
May 20051,00745.226.65$6,698
Apr 20052,37349.207.36$17,466
Mar 20052,63250.377.15$18,832
Feb 20052,36145.226.31$14,902
Jan 20051,46843.166.32$9,281
Dec 20042,01139.866.75$13,576
Nov 20042,05645.286.33$13,015
Oct 20042,19749.706.52$14,314
Sep 20042,15943.245.28$11,408
Aug 20042,28042.375.55$12,656
Jul 20042,38638.286.08$14,517
Jun 20042,37436.106.43$15,272
May 20042,03437.486.49$13,210
Apr 20042,48834.475.86$14,576
Mar 20042,27834.365.53$12,598
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.

Mar 2020 — as filed, then multipliedworked
Gas                  309 Mcf  × $  1.86 =       $574

────────────────────────────────────────────────────
Month total                                     $574

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/198467 is the state's own key, not one this site invented.