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 202422District 10Field 68831200Hydrogen sulphide fieldGasSaveExport
Value, all time
$1.8 M
Feb 2004 – May 2026
Value, last 12 filed months
$21 k
at the published price for each month
Months reported
268
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
GasProduction332,959 Mcf$1,814,501
Total$1,814,501

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 35.5894, -101.9698. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.58938, -101.96978 · 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
2,140 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 2,140 ft.

Completions filed
Aug 2004
1 of 1 wells

1 well

42-37531682167R2,140 ftAug 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 (268)

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

268 months

May 20260106.413.05$0
Apr 202648598.932.87$1,392
Mar 202650889.753.15$1,600
Feb 202647563.503.75$1,781
Jan 202647259.138.00$3,775
Dec 202549556.664.41$2,185
Nov 202549158.593.93$1,928
Oct 202551459.383.30$1,699
Sep 202551762.743.08$1,591
Aug 202550963.933.01$1,535
Jul 202553266.743.32$1,764
Jun 202551666.483.13$1,614
May 202553060.553.23$1,713
Apr 202551562.363.54$1,825
Mar 202547567.704.27$2,027
Feb 202546670.884.34$2,023
Jan 202555174.324.28$2,358
Dec 202452768.993.12$1,645
Nov 202451569.052.20$1,132
Oct 202454071.372.28$1,232
Sep 202453169.612.36$1,255
Aug 202455775.632.06$1,149
Jul 202456879.932.15$1,219
Jun 202456478.082.63$1,486
May 202457978.812.20$1,273
Apr 202455684.451.66$923
Mar 202457580.301.55$888
Feb 202453876.091.78$960
Jan 202457873.023.30$1,906
Dec 202357371.262.61$1,496
Nov 202356577.892.81$1,586
Oct 202358885.443.09$1,815
Sep 202357989.042.74$1,584
Aug 202360980.522.67$1,628
Jul 20231,07474.852.64$2,837
Jun 202359568.962.26$1,344
May 202361170.622.23$1,361
Apr 202359278.122.24$1,325
Mar 202360772.852.39$1,453
Feb 202355075.112.47$1,356
Jan 202361176.533.39$2,070
Dec 202257676.415.73$3,300
Nov 202259385.005.65$3,348
Oct 202262287.185.86$3,647
Sep 202261484.888.16$5,013
Aug 202263294.529.13$5,768
Jul 2022642101.587.54$4,842
Jun 2022617115.097.98$4,922
May 2022643109.378.43$5,422
Apr 2022607104.226.84$4,150
Mar 2022630108.885.08$3,198
Feb 202255891.054.86$2,711
Jan 202263281.844.54$2,868
Dec 202163971.323.90$2,492
Nov 202163577.435.24$3,325
Oct 202168079.795.71$3,885
Sep 202165769.865.35$3,516
Aug 202168066.024.22$2,870
Jul 202170270.783.98$2,795
Jun 202168669.493.38$2,319
May 202175363.483.02$2,272
Apr 202151260.362.76$1,412
Mar 202180461.302.72$2,184
Feb 202127957.805.55$1,548
Jan 202168150.412.81$1,914
Dec 202070944.642.68$1,897
Nov 202056638.772.71$1,532
Oct 202061536.972.48$1,524
Sep 202068037.091.99$1,354
Aug 202071139.982.39$1,696
Jul 202071838.371.83$1,310
Jun 202069834.901.69$1,180
May 202072616.921.81$1,318
Apr 202065414.751.80$1,180
Mar 202067730.341.86$1,257
Feb 202067049.881.98$1,327
Jan 202071657.252.09$1,500
Dec 201972459.012.30$1,668
Nov 201969255.302.75$1,903
Oct 201975053.472.42$1,814
Sep 201971855.052.66$1,908
Aug 201973553.112.30$1,694
Jul 201971856.272.46$1,766
Jun 201968452.782.49$1,704
May 201978258.482.74$2,143
Apr 201965662.632.75$1,804
Mar 201974656.803.06$2,284
Feb 201970650.852.79$1,971
Jan 201975746.033.23$2,444
Dec 2018046.594.19$0
Nov 2018052.934.24$0
Oct 201879561.443.40$2,701
Sep 201878559.543.11$2,440
Aug 201882859.403.07$2,539
Jul 201884365.142.93$2,472
Jun 201882560.183.08$2,538
May 201889665.382.90$2,599
Apr 20181,09763.842.90$3,182
Mar 201817261.222.79$479
Feb 201899461.782.77$2,750
Jan 201828662.874.01$1,147
Dec 201789557.272.92$2,615
Nov 201799755.423.12$3,109
Oct 201740149.292.98$1,196
Sep 201733747.523.09$1,040
Aug 201785345.373.00$2,563
Jul 201778843.873.09$2,433
Jun 201777742.493.09$2,399
May 201784245.373.26$2,748
Apr 201781447.933.21$2,614
Mar 201784046.772.98$2,506
Feb 201777150.452.95$2,276
Jan 201782949.413.42$2,834
Dec 201683248.763.72$3,097
Nov 201682742.492.64$2,187
Oct 201688146.193.09$2,723
Sep 201687841.553.10$2,722
Aug 201679941.442.92$2,337
Jul 201689141.622.92$2,606
Jun 201687045.352.69$2,337
May 201689142.521.99$1,774
Apr 201686236.561.99$1,716
Mar 201688233.011.79$1,582
Feb 201683126.472.06$1,715
Jan 201690427.352.36$2,137
Dec 201592232.362.00$1,845
Nov 201591438.792.17$1,981
Oct 201592243.552.43$2,237
Sep 201590942.992.76$2,507
Aug 201592540.162.87$2,657
Jul 201596948.152.95$2,854
Jun 201596356.152.88$2,776
May 201575555.212.96$2,231
Apr 201591749.822.71$2,482
Mar 201595642.892.93$2,806
Feb 201587044.662.98$2,589
Jan 201596943.433.10$3,005
Dec 201496154.693.59$3,451
Nov 201493770.464.25$3,984
Oct 201498878.303.90$3,854
Sep 20141,02686.164.05$4,151
Aug 201483589.394.04$3,369
Jul 20141,02696.564.18$4,288
Jun 201494198.164.74$4,457
May 20141,01594.734.73$4,797
Apr 201498695.944.81$4,742
Mar 20141,03795.895.06$5,244
Feb 201492197.406.19$5,703
Jan 20141,03190.404.86$5,011
Dec 20131,02791.824.35$4,472
Nov 20131,01788.853.74$3,802
Oct 20131,06697.423.78$4,029
Sep 20131,066104.113.72$3,963
Aug 20131,124104.253.52$3,959
Jul 20131,125102.523.72$4,182
Jun 20131,11594.403.93$4,386
May 20131,08294.834.15$4,489
Apr 20131,09593.964.28$4,689
Mar 20131,14493.623.91$4,476
Feb 20131,03291.233.42$3,529
Jan 20131,14991.603.42$3,929
Dec 20121,15886.773.42$3,961
Nov 20121,13686.953.62$4,118
Oct 20121,18189.383.40$4,015
Sep 20121,16894.672.92$3,409
Aug 20121,21792.662.91$3,539
Jul 20121,23785.133.02$3,737
Jun 20121,19079.822.52$2,998
May 20121,21191.612.49$3,013
Apr 20121,192101.652.00$2,380
Mar 20121,239105.052.22$2,753
Feb 20121,178101.102.57$3,028
Jan 20121,27598.092.73$3,486
Dec 20111,28096.873.24$4,147
Nov 20111,25895.723.31$4,166
Oct 20111,32184.983.65$4,820
Sep 20111,30083.623.99$5,182
Aug 20111,37283.404.15$5,693
Jul 20111,34494.144.52$6,071
Jun 20111,35792.904.64$6,296
May 20111,42198.134.40$6,259
Apr 20111,407105.964.33$6,097
Mar 20111,69896.364.06$6,889
Feb 201141885.644.18$1,747
Jan 20111,39886.504.59$6,415
Dec 20101,41485.734.35$6,148
Nov 20101,38380.843.80$5,249
Oct 20101,45678.103.51$5,109
Sep 20101,43672.633.98$5,715
Aug 20101,50673.684.42$6,656
Jul 20101,51772.554.74$7,185
Jun 20101,52470.364.91$7,483
May 20101,37671.124.24$5,828
Apr 20101,48581.694.12$6,122
Mar 20101,54178.394.39$6,763
Feb 20101,41773.585.44$7,712
Jan 20101,54874.365.96$9,232
Dec 20091,57971.445.48$8,659
Nov 20091,56074.593.75$5,852
Oct 20091,63872.544.11$6,733
Sep 20091,60865.543.06$4,928
Aug 20091,66867.423.22$5,368
Jul 20091,71561.133.46$5,942
Jun 20091,69166.163.90$6,586
May 20091,70154.743.93$6,678
Apr 20091,69746.773.59$6,088
Mar 20091,79242.144.06$7,274
Feb 20091,60932.814.63$7,455
Jan 20091,82935.865.37$9,824
Dec 20081,73637.105.98$10,376
Nov 20081,80355.496.86$12,369
Oct 20081,87875.246.92$12,999
Sep 20081,860101.767.88$14,651
Aug 20081,949114.228.48$16,533
Jul 20081,948131.0811.39$22,187
Jun 20081,932131.3313.03$25,179
May 20082,001123.1711.57$23,160
Apr 20081,981110.3110.45$20,711
Mar 20082,015101.909.66$19,473
Feb 20081,95792.538.77$17,164
Jan 20082,11590.388.21$17,355
Dec 20072,13988.337.30$15,619
Nov 20072,11591.677.29$15,422
Oct 20072,21782.856.92$15,346
Sep 20072,20875.846.24$13,787
Aug 20072,31769.066.39$14,801
Jul 20072,35370.906.39$15,031
Jun 20072,31962.007.55$17,505
May 20072,36258.747.85$18,533
Apr 20072,30459.617.81$17,983
Mar 20072,46956.927.30$18,029
Feb 20072,19955.108.22$18,067
Jan 20072,59950.306.73$17,483
Dec 20062,32456.656.92$16,078
Nov 20062,46054.207.62$18,739
Oct 20062,61954.906.01$15,750
Sep 20062,61260.085.04$13,157
Aug 20062,75068.717.34$20,185
Jul 20062,54269.376.34$16,123
Jun 20062,74766.286.38$17,537
May 20062,84466.016.42$18,273
Apr 20062,85564.397.36$21,014
Mar 20063,00356.707.08$21,270
Feb 20062,74957.597.75$21,308
Jan 20063,12760.598.93$27,934
Dec 20053,21654.9413.42$43,144
Nov 20053,22654.6910.59$34,158
Oct 20053,46458.3413.80$47,789
Sep 20053,80261.4512.08$45,924
Aug 20054,03461.519.80$39,520
Jul 20054,16555.697.84$32,669
Jun 2005052.337.38$0
May 20051,71645.226.65$11,413
Apr 20053,71549.207.36$27,344
Mar 20053,95150.377.15$28,269
Feb 20053,72245.226.31$23,493
Jan 20054,33143.166.32$27,381
Dec 20044,37439.866.75$29,529
Nov 20044,49345.286.33$28,443
Oct 20044,96249.706.52$32,328
Sep 20045,25043.245.28$27,740
Aug 20046,61942.375.55$36,740
Jul 2004038.286.08$0
Jun 2004036.106.43$0
May 2004037.486.49$0
Apr 2004034.475.86$0
Mar 2004034.365.53$0
Feb 2004032.455.51$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                  485 Mcf  × $  2.87 =     $1,392

────────────────────────────────────────────────────
Month total                                   $1,392

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/202422 is the state's own key, not one this site invented.