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 214348District 10Field 68831001GasSaveExport
Value, all time
$1.2 M
Jan 2006 – May 2026
Value, last 12 filed months
$28 k
at the published price for each month
Months reported
245
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
GasProduction261,518 Mcf$1,240,285
Total$1,240,285

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 35.5709, -101.7789. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.57093, -101.77887 · 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
3,028 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 3,028 ft.

Completions filed
Aug 2006
1 of 1 wells

1 well

42-37531684B1343,028 ftAug 2006

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 (245)

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

245 months

May 20260106.413.05$0
Apr 202667598.932.87$1,937
Mar 202670389.753.15$2,214
Feb 202656863.503.75$2,130
Jan 202669959.138.00$5,591
Dec 202571256.664.41$3,142
Nov 202570358.593.93$2,760
Oct 202572359.383.30$2,389
Sep 202570862.743.08$2,178
Aug 202555563.933.01$1,673
Jul 202567566.743.32$2,238
Jun 202568466.483.13$2,140
May 202572060.553.23$2,327
Apr 202571462.363.54$2,530
Mar 202557767.704.27$2,463
Feb 202559470.884.34$2,578
Jan 202568674.324.28$2,935
Dec 202472868.993.12$2,272
Nov 202470669.052.20$1,552
Oct 202470671.372.28$1,611
Sep 202468069.612.36$1,608
Aug 202469675.632.06$1,436
Jul 202472679.932.15$1,558
Jun 202471078.082.63$1,870
May 202472778.812.20$1,598
Apr 202469584.451.66$1,153
Mar 202474480.301.55$1,150
Feb 202465776.091.78$1,172
Jan 202470873.023.30$2,335
Dec 202381571.262.61$2,128
Nov 202378677.892.81$2,207
Oct 202380785.443.09$2,491
Sep 202376989.042.74$2,103
Aug 202380480.522.67$2,149
Jul 202399974.852.64$2,639
Jun 202375868.962.26$1,712
May 202376270.622.23$1,697
Apr 202375478.122.24$1,687
Mar 202378072.852.39$1,867
Feb 202366075.112.47$1,627
Jan 202379976.533.39$2,707
Dec 202281076.415.73$4,641
Nov 202281285.005.65$4,585
Oct 202282787.185.86$4,849
Sep 202281084.888.16$6,613
Aug 202285794.529.13$7,822
Jul 2022777101.587.54$5,860
Jun 2022829115.097.98$6,613
May 2022187109.378.43$1,577
Apr 2022736104.226.84$5,032
Mar 2022768108.885.08$3,899
Feb 202268691.054.86$3,333
Jan 202275281.844.54$3,412
Dec 202182971.323.90$3,232
Nov 202179777.435.24$4,174
Oct 202182179.795.71$4,691
Sep 202179969.865.35$4,275
Aug 202183466.024.22$3,520
Jul 202184770.783.98$3,373
Jun 202184669.493.38$2,860
May 202195863.483.02$2,891
Apr 202151260.362.76$1,412
Mar 202165961.302.72$1,790
Feb 202146857.805.55$2,596
Jan 202180150.412.81$2,251
Dec 202087744.642.68$2,346
Nov 202079438.772.71$2,149
Oct 202076936.972.48$1,906
Sep 202082437.091.99$1,641
Aug 202083539.982.39$1,992
Jul 202076838.371.83$1,402
Jun 202077934.901.69$1,317
May 202088316.921.81$1,602
Apr 202091914.751.80$1,658
Mar 202096630.341.86$1,793
Feb 202039249.881.98$776
Jan 202089157.252.09$1,866
Dec 2019059.012.30$0
Nov 201999355.302.75$2,731
Oct 20191,02453.472.42$2,477
Sep 201997555.052.66$2,591
Aug 2019053.112.30$0
Jul 20191,36056.272.46$3,346
Jun 201917752.782.49$441
May 2019058.482.74$0
Apr 2019062.632.75$0
Mar 2019656.803.06$18
Feb 2019050.852.79$0
Jan 2019046.033.23$0
Dec 2018046.594.19$0
Nov 2018052.934.24$0
Oct 201867361.443.40$2,287
Sep 201851959.543.11$1,613
Aug 201861759.403.07$1,892
Jul 201880565.142.93$2,360
Jun 201883760.183.08$2,575
May 201899665.382.90$2,889
Apr 20181,10763.842.90$3,211
Mar 201835861.222.79$998
Feb 201899661.782.77$2,755
Jan 20181,27862.874.01$5,124
Dec 201786457.272.92$2,524
Nov 2017055.423.12$0
Oct 201710349.292.98$307
Sep 2017047.523.09$0
Aug 201710145.373.00$303
Jul 201728043.873.09$864
Jun 201779542.493.09$2,454
May 201793345.373.26$3,045
Apr 201795847.933.21$3,077
Mar 201738146.772.98$1,137
Feb 201753950.452.95$1,591
Jan 201788249.413.42$3,015
Dec 201697448.763.72$3,626
Nov 201695742.492.64$2,531
Oct 20161,01246.193.09$3,127
Sep 201655941.553.10$1,733
Aug 201660341.442.92$1,763
Jul 201685641.622.92$2,503
Jun 201683845.352.69$2,251
May 201688842.521.99$1,768
Apr 201690636.561.99$1,804
Mar 201696833.011.79$1,737
Feb 201682426.472.06$1,700
Jan 201693027.352.36$2,199
Dec 20151,00432.362.00$2,009
Nov 20151,00338.792.17$2,174
Oct 20151,00343.552.43$2,434
Sep 201598542.992.76$2,717
Aug 201587740.162.87$2,519
Jul 201595548.152.95$2,813
Jun 20151,01856.152.88$2,935
May 201560455.212.96$1,785
Apr 201599049.822.71$2,680
Mar 201591042.892.93$2,671
Feb 201568444.662.98$2,036
Jan 20151,04443.433.10$3,237
Dec 20141,11354.693.59$3,997
Nov 201498270.464.25$4,175
Oct 20141,07778.303.90$4,201
Sep 201457886.164.05$2,338
Aug 201472889.394.04$2,938
Jul 20141,19796.564.18$5,003
Jun 20141,00198.164.74$4,742
May 20141,08594.734.73$5,128
Apr 20141,34095.944.81$6,444
Mar 20141,54195.895.06$7,793
Feb 201488297.406.19$5,461
Jan 2014090.404.86$0
Dec 2013091.824.35$0
Nov 201324388.853.74$908
Oct 20131,21197.423.78$4,577
Sep 20131,184104.113.72$4,402
Aug 20131,208104.253.52$4,255
Jul 20131,224102.523.72$4,551
Jun 20131,26094.403.93$4,956
May 201397694.834.15$4,050
Apr 20135993.964.28$253
Mar 20131,13893.623.91$4,453
Feb 20131,11991.233.42$3,827
Jan 20131,25191.603.42$4,278
Dec 20121,40386.773.42$4,798
Nov 20121,10686.953.62$4,009
Oct 20121,01689.383.40$3,454
Sep 20121,26694.672.92$3,695
Aug 20121,32692.662.91$3,856
Jul 20121,35185.133.02$4,081
Jun 20121,37579.822.52$3,464
May 201298191.612.49$2,441
Apr 20121,327101.652.00$2,650
Mar 20121,382105.052.22$3,071
Feb 20121,306101.102.57$3,357
Jan 20121,36998.092.73$3,743
Dec 20111,44796.873.24$4,688
Nov 20111,41295.723.31$4,676
Oct 20111,54284.983.65$5,626
Sep 20111,01383.623.99$4,038
Aug 20111,50583.404.15$6,245
Jul 20111,41794.144.52$6,401
Jun 20111,46692.904.64$6,802
May 20111,61098.134.40$7,092
Apr 20111,473105.964.33$6,383
Mar 20111,18296.364.06$4,796
Feb 20111,35385.644.18$5,656
Jan 20111,47686.504.59$6,773
Dec 20101,26585.734.35$5,500
Nov 20101,57380.843.80$5,970
Oct 20101,55378.103.51$5,449
Sep 20101,48872.633.98$5,921
Aug 20101,38373.684.42$6,112
Jul 20101,66672.554.74$7,891
Jun 20101,51270.364.91$7,425
May 201093471.124.24$3,956
Apr 20101,45681.694.12$6,003
Mar 20101,33178.394.39$5,841
Feb 20101,27273.585.44$6,923
Jan 20101,18874.365.96$7,085
Dec 20091,53371.445.48$8,407
Nov 20091,56174.593.75$5,856
Oct 20091,64972.544.11$6,778
Sep 20091,63765.543.06$5,017
Aug 20091,68567.423.22$5,423
Jul 20091,75761.133.46$6,087
Jun 20091,13566.163.90$4,421
May 20091,64154.743.93$6,442
Apr 20091,65446.773.59$5,934
Mar 20091,73142.144.06$7,026
Feb 20091,57532.814.63$7,297
Jan 20091,67335.865.37$8,986
Dec 20081,74137.105.98$10,406
Nov 20081,73955.496.86$11,930
Oct 20081,81675.246.92$12,570
Sep 20081,773101.767.88$13,966
Aug 20081,834114.228.48$15,558
Jul 20081,868131.0811.39$21,275
Jun 20081,784131.3313.03$23,250
May 20081,813123.1711.57$20,984
Apr 20081,778110.3110.45$18,589
Mar 20081,794101.909.66$17,337
Feb 20081,81292.538.77$15,892
Jan 20081,95390.388.21$16,026
Dec 20071,91988.337.30$14,012
Nov 20071,98291.677.29$14,452
Oct 20072,03582.856.92$14,086
Sep 20071,98575.846.24$12,395
Aug 20072,07369.066.39$13,242
Jul 20072,12770.906.39$13,587
Jun 20072,29762.007.55$17,339
May 20071,87758.747.85$14,727
Apr 20071,93859.617.81$15,126
Mar 20072,05256.927.30$14,984
Feb 20072,13555.108.22$17,541
Jan 20072,36750.306.73$15,922
Dec 20062,28056.656.92$15,774
Nov 20062,30454.207.62$17,551
Oct 20063,04154.906.01$18,288
Sep 20063,28760.085.04$16,557
Aug 20062,24068.717.34$16,441
Jul 2006069.376.34$0
Jun 20062,04466.286.38$13,049
May 20061,77966.016.42$11,430
Apr 20062,87264.397.36$21,139
Mar 20063,34156.707.08$23,664
Feb 20063,99957.597.75$30,997
Jan 20061,14660.598.93$10,238

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                  675 Mcf  × $  2.87 =     $1,937

────────────────────────────────────────────────────
Month total                                   $1,937

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/214348 is the state's own key, not one this site invented.