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 214965District 10Field 68831001GasSaveExport
Value, all time
$3.3 M
Feb 2006 – May 2026
Value, last 12 filed months
$39 k
at the published price for each month
Months reported
244
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
GasProduction619,548 Mcf$3,275,733
Total$3,275,733

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 35.4825, -101.8392. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.48246, -101.83919 · 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
2,910 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 2,910 ft.

Completions filed
Oct 2006
1 of 1 wells

1 well

42-37531696B1362,910 ftOct 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 (244)

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

244 months

May 20260106.413.05$0
Apr 202691098.932.87$2,611
Mar 202694789.753.15$2,983
Feb 202687163.503.75$3,267
Jan 202694059.138.00$7,518
Dec 202594656.664.41$4,175
Nov 202592358.593.93$3,624
Oct 202596659.383.30$3,192
Sep 202595562.743.08$2,938
Aug 202594763.933.01$2,855
Jul 202597766.743.32$3,239
Jun 202594766.483.13$2,963
May 202597760.553.23$3,158
Apr 202595762.363.54$3,391
Mar 202594767.704.27$4,042
Feb 202589070.884.34$3,863
Jan 202599674.324.28$4,262
Dec 202498868.993.12$3,084
Nov 202496269.052.20$2,115
Oct 20241,00871.372.28$2,300
Sep 202497469.612.36$2,303
Aug 20241,02275.632.06$2,109
Jul 20241,02879.932.15$2,207
Jun 202499178.082.63$2,610
May 20241,02278.812.20$2,247
Apr 202499084.451.66$1,643
Mar 20241,01580.301.55$1,568
Feb 202490576.091.78$1,614
Jan 202496173.023.30$3,169
Dec 20231,00071.262.61$2,611
Nov 20231,00077.892.81$2,808
Oct 20231,03185.443.09$3,183
Sep 20231,01689.042.74$2,779
Aug 20231,05680.522.67$2,823
Jul 202383774.852.64$2,211
Jun 20231,06068.962.26$2,394
May 20231,08470.622.23$2,415
Apr 20231,05178.122.24$2,352
Mar 20231,08572.852.39$2,597
Feb 20231,01875.112.47$2,510
Jan 20231,11476.533.39$3,774
Dec 20221,15076.415.73$6,588
Nov 20221,04385.005.65$5,889
Oct 20221,13287.185.86$6,638
Sep 20221,10684.888.16$9,029
Aug 20221,15594.529.13$10,542
Jul 20221,171101.587.54$8,832
Jun 20221,086115.097.98$8,663
May 20221,146109.378.43$9,664
Apr 20221,099104.226.84$7,515
Mar 20221,146108.885.08$5,818
Feb 20221,04891.054.86$5,092
Jan 20221,13881.844.54$5,164
Dec 20211,16171.323.90$4,527
Nov 20211,13477.435.24$5,939
Oct 20211,19279.795.71$6,811
Sep 20211,17169.865.35$6,266
Aug 20211,25666.024.22$5,301
Jul 20211,31070.783.98$5,217
Jun 20211,05969.493.38$3,580
May 20211,43863.483.02$4,339
Apr 202180860.362.76$2,229
Mar 20211,53461.302.72$4,168
Feb 202166757.805.55$3,700
Jan 20211,23550.412.81$3,471
Dec 20201,24744.642.68$3,336
Nov 20201,26838.772.71$3,432
Oct 20201,21236.972.48$3,004
Sep 20201,25637.091.99$2,501
Aug 20201,31639.982.39$3,139
Jul 20201,32838.371.83$2,424
Jun 20201,29534.901.69$2,189
May 20201,35216.921.81$2,454
Apr 20201,31614.751.80$2,375
Mar 20201,36530.341.86$2,534
Feb 20201,28649.881.98$2,547
Jan 20201,41157.252.09$2,956
Dec 2019059.012.30$0
Nov 20191,48855.302.75$4,093
Oct 20191,66153.472.42$4,017
Sep 20191,88055.052.66$4,996
Aug 2019053.112.30$0
Jul 20191,26356.272.46$3,107
Jun 2019052.782.49$0
May 2019058.482.74$0
Apr 2019062.632.75$0
Mar 201963556.803.06$1,944
Feb 2019050.852.79$0
Jan 2019046.033.23$0
Dec 2018046.594.19$0
Nov 2018052.934.24$0
Oct 20181,48761.443.40$5,053
Sep 20181,44759.543.11$4,497
Aug 20181,55359.403.07$4,762
Jul 20181,66565.142.93$4,882
Jun 20181,97660.183.08$6,080
May 20181,01365.382.90$2,939
Apr 20181,87463.842.90$5,436
Mar 201829961.222.79$833
Feb 20181,42661.782.77$3,944
Jan 20181,65262.874.01$6,623
Dec 20171,79357.272.92$5,238
Nov 20172,14455.423.12$6,686
Oct 20171,18249.292.98$3,527
Sep 20171,43047.523.09$4,415
Aug 201745245.373.00$1,358
Jul 201762243.873.09$1,920
Jun 20171,51542.493.09$4,677
May 20171,61545.373.26$5,270
Apr 20171,57847.933.21$5,068
Mar 20171,65746.772.98$4,944
Feb 20171,52050.452.95$4,488
Jan 20171,76549.413.42$6,034
Dec 20161,81748.763.72$6,764
Nov 20162,20642.492.64$5,833
Oct 201699646.193.09$3,078
Sep 201649541.553.10$1,535
Aug 20161,53941.442.92$4,501
Jul 20161,70341.622.92$4,980
Jun 20161,63345.352.69$4,386
May 20161,70242.521.99$3,389
Apr 20161,63836.561.99$3,261
Mar 20161,74233.011.79$3,125
Feb 20161,61226.472.06$3,327
Jan 20161,81127.352.36$4,282
Dec 20151,75232.362.00$3,506
Nov 20151,78638.792.17$3,871
Oct 20151,60543.552.43$3,895
Sep 20151,79442.992.76$4,949
Aug 20151,84340.162.87$5,294
Jul 20151,93148.152.95$5,687
Jun 20152,15756.152.88$6,218
May 20151,13955.212.96$3,366
Apr 20151,86949.822.71$5,059
Mar 20152,00042.892.93$5,869
Feb 20151,74144.662.98$5,182
Jan 20152,21943.433.10$6,880
Dec 20142,69654.693.59$9,682
Nov 20141,42170.464.25$6,042
Oct 2014078.303.90$0
Sep 20141,01786.164.05$4,114
Aug 20141,51089.394.04$6,093
Jul 20141,97096.564.18$8,234
Jun 20141,86998.164.74$8,853
May 20141,94894.734.73$9,207
Apr 20141,92095.944.81$9,234
Mar 20141,98695.895.06$10,043
Feb 20141,79997.406.19$11,139
Jan 20142,01190.404.86$9,775
Dec 20132,02891.824.35$8,831
Nov 20131,99088.853.74$7,439
Oct 20132,08297.423.78$7,869
Sep 20132,046104.113.72$7,607
Aug 20132,195104.253.52$7,732
Jul 20132,256102.523.72$8,387
Jun 20132,35194.403.93$9,247
May 20131,66294.834.15$6,896
Apr 20132,14293.964.28$9,173
Mar 20132,23193.623.91$8,730
Feb 20132,03091.233.42$6,942
Jan 20132,25691.603.42$7,715
Dec 20122,28886.773.42$7,825
Nov 20122,24786.953.62$8,145
Oct 20122,37489.383.40$8,071
Sep 20122,34794.672.92$6,849
Aug 20122,46092.662.91$7,154
Jul 20122,47385.133.02$7,470
Jun 20122,45179.822.52$6,174
May 20122,35291.612.49$5,853
Apr 20122,441101.652.00$4,874
Mar 20122,553105.052.22$5,673
Feb 20122,392101.102.57$6,148
Jan 20122,58098.092.73$7,054
Dec 20112,61596.873.24$8,472
Nov 20112,59095.723.31$8,576
Oct 20112,71584.983.65$9,906
Sep 20112,66083.623.99$10,602
Aug 20112,81883.404.15$11,693
Jul 20112,73794.144.52$12,364
Jun 20112,79492.904.64$12,964
May 20112,90098.134.40$12,774
Apr 20112,866105.964.33$12,419
Mar 20113,01496.364.06$12,229
Feb 20112,82285.644.18$11,796
Jan 20113,15486.504.59$14,473
Dec 20103,13485.734.35$13,626
Nov 20102,96980.843.80$11,268
Oct 20103,03178.103.51$10,635
Sep 20102,98872.633.98$11,891
Aug 20103,11073.684.42$13,744
Jul 20103,18772.554.74$15,095
Jun 20103,18170.364.91$15,620
May 20103,08371.124.24$13,057
Apr 20103,22281.694.12$13,283
Mar 20103,35578.394.39$14,724
Feb 20103,06273.585.44$16,665
Jan 20103,47274.365.96$20,707
Dec 20093,50071.445.48$19,193
Nov 20093,45074.593.75$12,943
Oct 20093,65372.544.11$15,015
Sep 20093,58665.543.06$10,990
Aug 20093,83167.423.22$12,330
Jul 20093,88561.133.46$13,460
Jun 20093,88166.163.90$15,117
May 20093,96854.743.93$15,577
Apr 20094,00846.773.59$14,379
Mar 20094,07842.144.06$16,553
Feb 20093,81232.814.63$17,661
Jan 20094,29835.865.37$23,085
Dec 20084,38837.105.98$26,228
Nov 20084,33455.496.86$29,733
Oct 20084,64875.246.92$32,173
Sep 20084,533101.767.88$35,707
Aug 20084,878114.228.48$41,380
Jul 20084,998131.0811.39$56,924
Jun 20084,992131.3313.03$65,059
May 20085,229123.1711.57$60,522
Apr 20085,269110.3110.45$55,087
Mar 20085,613101.909.66$54,244
Feb 20085,42192.538.77$47,545
Jan 20085,97390.388.21$49,013
Dec 20076,15788.337.30$44,958
Nov 20076,25691.677.29$45,617
Oct 20076,61882.856.92$45,810
Sep 20076,81675.846.24$42,560
Aug 20077,47369.066.39$47,737
Jul 20078,81370.906.39$56,297
Jun 20074,97962.007.55$37,584
May 20077,25958.747.85$56,956
Apr 20078,45759.617.81$66,009
Mar 20079,63956.927.30$70,384
Feb 20079,91055.108.22$81,421
Jan 200711,42950.306.73$76,881
Dec 200614,26856.656.92$98,712
Nov 200613,59354.207.62$103,544
Oct 200620,18254.906.01$121,371
Sep 20062,70660.085.04$13,631
Aug 20064,99968.717.34$36,692
Jul 20067,25469.376.34$46,010
Jun 20068,64366.286.38$55,176
May 20069,20666.016.42$59,149
Apr 20069,72164.397.36$71,551
Mar 200611,29856.707.08$80,023
Feb 200610,12057.597.75$78,441

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                  910 Mcf  × $  2.87 =     $2,611

────────────────────────────────────────────────────
Month total                                   $2,611

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/214965 is the state's own key, not one this site invented.