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 203181District 10Field 68831001GasSaveExport
Value, all time
$3.3 M
Dec 2003 – May 2026
Value, last 12 filed months
$62 k
at the published price for each month
Months reported
270
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
GasProduction611,745 Mcf$3,318,725
Total$3,318,725

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 35.4878, -101.8130. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.48777, -101.81295 · 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
2,901 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 2,901 ft.

Completions filed
Apr 2004
1 of 1 wells

1 well

42-37531671B1312,901 ftApr 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 (270)

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

270 months

May 20260106.413.05$0
Apr 20261,28098.932.87$3,673
Mar 20261,60789.753.15$5,061
Feb 20261,44863.503.75$5,430
Jan 20261,48559.138.00$11,877
Dec 20251,47556.664.41$6,510
Nov 20251,46758.593.93$5,760
Oct 20251,53959.383.30$5,086
Sep 20251,48262.743.08$4,560
Aug 20251,58863.933.01$4,787
Jul 20251,42866.743.32$4,734
Jun 20251,34766.483.13$4,214
May 20251,33060.553.23$4,299
Apr 20251,55462.363.54$5,506
Mar 20252,57867.704.27$11,004
Feb 20251,92870.884.34$8,369
Jan 20251,53974.324.28$6,585
Dec 20241,67968.993.12$5,241
Nov 20241,73669.052.20$3,816
Oct 20241,86371.372.28$4,250
Sep 20241,95269.612.36$4,615
Aug 20241,93575.632.06$3,993
Jul 20241,96379.932.15$4,214
Jun 20241,81878.082.63$4,789
May 20241,56578.812.20$3,441
Apr 202498184.451.66$1,628
Mar 20241,02180.301.55$1,578
Feb 20242,07176.091.78$3,694
Jan 20241,51873.023.30$5,006
Dec 20231,39671.262.61$3,645
Nov 20231,40377.892.81$3,939
Oct 20231,37985.443.09$4,257
Sep 20231,35889.042.74$3,714
Aug 20231,44380.522.67$3,857
Jul 20231,91874.852.64$5,067
Jun 20231,56668.962.26$3,537
May 20231,46470.622.23$3,261
Apr 20231,24478.122.24$2,784
Mar 202366972.852.39$1,601
Feb 202365575.112.47$1,615
Jan 202374976.533.39$2,537
Dec 202284676.415.73$4,847
Nov 202288785.005.65$5,008
Oct 202297487.185.86$5,711
Sep 202295884.888.16$7,821
Aug 20221,13894.529.13$10,387
Jul 20221,437101.587.54$10,838
Jun 20221,375115.097.98$10,969
May 20221,411109.378.43$11,899
Apr 20221,341104.226.84$9,169
Mar 20221,342108.885.08$6,813
Feb 20221,25891.054.86$6,112
Jan 20221,28881.844.54$5,845
Dec 20211,34971.323.90$5,260
Nov 20211,37477.435.24$7,195
Oct 20211,47179.795.71$8,405
Sep 20211,48869.865.35$7,962
Aug 20211,55766.024.22$6,571
Jul 20211,63970.783.98$6,527
Jun 20211,66569.493.38$5,629
May 2021063.483.02$0
Apr 202136560.362.76$1,007
Mar 20211,33061.302.72$3,614
Feb 202177757.805.55$4,311
Jan 20211,24650.412.81$3,502
Dec 20201,28244.642.68$3,430
Nov 20201,34638.772.71$3,643
Oct 20201,23336.972.48$3,056
Sep 20201,34737.091.99$2,682
Aug 20201,34639.982.39$3,210
Jul 20201,40538.371.83$2,564
Jun 20201,35234.901.69$2,285
May 20201,39916.921.81$2,539
Apr 20201,27114.751.80$2,293
Mar 20201,23830.341.86$2,298
Feb 20201,05549.881.98$2,090
Jan 20201,26657.252.09$2,652
Dec 2019059.012.30$0
Nov 20191,32055.302.75$3,631
Oct 20191,41053.472.42$3,410
Sep 20191,41255.052.66$3,752
Aug 2019053.112.30$0
Jul 20191,47156.272.46$3,619
Jun 20191,43252.782.49$3,567
May 20191,51258.482.74$4,143
Apr 20191,42962.632.75$3,931
Mar 20191,34056.803.06$4,103
Feb 2019050.852.79$0
Jan 2019046.033.23$0
Dec 2018046.594.19$0
Nov 2018052.934.24$0
Oct 20181,63661.443.40$5,559
Sep 20181,60759.543.11$4,995
Aug 20181,70259.403.07$5,219
Jul 20181,73565.142.93$5,087
Jun 20181,79260.183.08$5,514
May 201895965.382.90$2,782
Apr 20181,64763.842.90$4,778
Mar 201830661.222.79$853
Feb 20181,43161.782.77$3,958
Jan 20181,84062.874.01$7,377
Dec 20171,75157.272.92$5,116
Nov 20171,78655.423.12$5,569
Oct 201797149.292.98$2,897
Sep 201796747.523.09$2,985
Aug 20171,17045.373.00$3,515
Jul 201774543.873.09$2,300
Jun 20171,57742.493.09$4,869
May 20171,67645.373.26$5,469
Apr 20171,70147.933.21$5,463
Mar 20171,73046.772.98$5,162
Feb 20171,52850.452.95$4,512
Jan 20171,54549.413.42$5,282
Dec 20161,71348.763.72$6,377
Nov 201625042.492.64$661
Oct 20161,78946.193.09$5,528
Sep 201698341.553.10$3,048
Aug 20161,30141.442.92$3,805
Jul 20161,71741.622.92$5,021
Jun 20161,62145.352.69$4,354
May 20161,74342.521.99$3,470
Apr 20161,71236.561.99$3,409
Mar 20161,68233.011.79$3,018
Feb 20161,48026.472.06$3,054
Jan 20161,67827.352.36$3,967
Dec 20151,77032.362.00$3,543
Nov 20151,74238.792.17$3,775
Oct 20151,82543.552.43$4,429
Sep 20151,75742.992.76$4,847
Aug 20151,79640.162.87$5,159
Jul 20151,82148.152.95$5,363
Jun 20151,85756.152.88$5,353
May 201598055.212.96$2,896
Apr 20151,76349.822.71$4,772
Mar 20151,60642.892.93$4,713
Feb 20151,32544.662.98$3,943
Jan 20151,65443.433.10$5,128
Dec 20141,79554.693.59$6,446
Nov 20141,77570.464.25$7,547
Oct 20141,79778.303.90$7,010
Sep 201480086.164.05$3,236
Aug 20141,26089.394.04$5,084
Jul 20141,77896.564.18$7,431
Jun 20141,59098.164.74$7,532
May 20141,45494.734.73$6,872
Apr 20141,71995.944.81$8,267
Mar 20141,62995.895.06$8,238
Feb 20141,36797.406.19$8,464
Jan 20141,63590.404.86$7,947
Dec 20131,71591.824.35$7,468
Nov 20131,74688.853.74$6,527
Oct 20131,86897.423.78$7,060
Sep 20131,835104.113.72$6,822
Aug 20131,975104.253.52$6,957
Jul 20132,010102.523.72$7,473
Jun 20131,99394.403.93$7,839
May 20131,21294.834.15$5,029
Apr 20131,80593.964.28$7,730
Mar 20131,75093.623.91$6,848
Feb 20131,53191.233.42$5,236
Jan 20131,72491.603.42$5,896
Dec 20121,91886.773.42$6,560
Nov 20121,93586.953.62$7,014
Oct 20122,02289.383.40$6,874
Sep 20121,98494.672.92$5,790
Aug 20122,16592.662.91$6,296
Jul 20122,12685.133.02$6,422
Jun 20122,10879.822.52$5,310
May 20122,04691.612.49$5,091
Apr 20122,162101.652.00$4,317
Mar 20122,165105.052.22$4,811
Feb 20121,803101.102.57$4,634
Jan 20121,90798.092.73$5,214
Dec 20112,09996.873.24$6,800
Nov 20112,18895.723.31$7,245
Oct 20112,29684.983.65$8,377
Sep 20112,21283.623.99$8,817
Aug 20111,98283.404.15$8,224
Jul 20111,99894.144.52$9,025
Jun 20112,15292.904.64$9,985
May 20112,21898.134.40$9,770
Apr 20112,130105.964.33$9,230
Mar 20112,04896.364.06$8,309
Feb 20111,73985.644.18$7,269
Jan 20112,21586.504.59$10,164
Dec 20102,40285.734.35$10,443
Nov 20102,45780.843.80$9,325
Oct 20102,56078.103.51$8,983
Sep 20102,28272.633.98$9,081
Aug 20102,62173.684.42$11,583
Jul 20102,69472.554.74$12,760
Jun 20102,64170.364.91$12,968
May 20101,69671.124.24$7,183
Apr 20102,39781.694.12$9,882
Mar 20102,40478.394.39$10,550
Feb 20102,30573.585.44$12,545
Jan 20102,61874.365.96$15,614
Dec 20092,56071.445.48$14,038
Nov 20092,66674.593.75$10,002
Oct 20092,87272.544.11$11,805
Sep 20092,80665.543.06$8,600
Aug 20092,91367.423.22$9,375
Jul 20092,88861.133.46$10,005
Jun 20092,37366.163.90$9,243
May 20092,91154.743.93$11,428
Apr 20092,97646.773.59$10,676
Mar 20092,80342.144.06$11,377
Feb 20092,70532.814.63$12,532
Jan 20092,76535.865.37$14,851
Dec 20082,90637.105.98$17,370
Nov 20083,07455.496.86$21,089
Oct 20083,33575.246.92$23,085
Sep 20082,893101.767.88$22,788
Aug 20082,700114.228.48$22,904
Jul 20083,380131.0811.39$38,496
Jun 20083,364131.3313.03$43,842
May 20083,346123.1711.57$38,728
Apr 20083,168110.3110.45$33,121
Mar 20083,326101.909.66$32,143
Feb 20083,18392.538.77$27,917
Jan 20083,43490.388.21$28,178
Dec 20073,74788.337.30$27,360
Nov 20073,60191.677.29$26,257
Oct 20073,97182.856.92$27,487
Sep 20073,86175.846.24$24,109
Aug 20074,50569.066.39$28,778
Jul 20074,89470.906.39$31,263
Jun 20075,11862.007.55$38,633
May 20074,06858.747.85$31,919
Apr 20073,91659.617.81$30,565
Mar 20074,12656.927.30$30,128
Feb 20073,85555.108.22$31,673
Jan 20074,83950.306.73$32,551
Dec 20064,83756.656.92$33,464
Nov 20064,48054.207.62$34,126
Oct 20062,88654.906.01$17,356
Sep 20065,05460.085.04$25,458
Aug 20065,22468.717.34$38,344
Jul 20065,25369.376.34$33,319
Jun 20064,85866.286.38$31,013
May 20064,42866.016.42$28,450
Apr 20064,51164.397.36$33,203
Mar 20064,47756.707.08$31,710
Feb 20064,05657.597.75$31,439
Jan 20065,79160.598.93$51,733
Dec 20055,96854.9413.42$80,063
Nov 20056,26654.6910.59$66,347
Oct 20056,83758.3413.80$94,322
Sep 20057,00061.4512.08$84,553
Aug 20057,43561.519.80$72,840
Jul 20053,93355.697.84$30,849
Jun 2005052.337.38$0
May 20053,15745.226.65$20,998
Apr 20056,82249.207.36$50,213
Mar 20055,88150.377.15$42,078
Feb 200585145.226.31$5,371
Jan 20055,02643.166.32$31,775
Dec 20046,77839.866.75$45,759
Nov 20047,07945.286.33$44,813
Oct 20048,14949.706.52$53,092
Sep 20048,18743.245.28$43,259
Aug 200410,18342.375.55$56,522
Jul 20047,51038.286.08$45,692
Jun 20048,43036.106.43$54,230
May 20048,63837.486.49$56,100
Apr 20044,14334.475.86$24,272
Mar 2004034.365.53$0
Feb 2004032.455.51$0
Jan 20048132.036.30$510
Dec 20032,06030.266.30$12,981

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                1,280 Mcf  × $  2.87 =     $3,673

────────────────────────────────────────────────────
Month total                                   $3,673

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/203181 is the state's own key, not one this site invented.