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 217261District 10Field 68831001GasSaveExport
Value, all time
$3.9 M
Feb 2006 – May 2026
Value, last 12 filed months
$89 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
GasProduction816,257 Mcf$3,939,006
Total$3,939,006

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 35.4974, -101.7982. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.49744, -101.79817 · 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
2,666 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 2,666 ft.

Completions filed
Nov 2006
1 of 1 wells

1 well

42-37531714B1392,666 ftNov 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 20261,89398.932.87$5,432
Mar 20262,61389.753.15$8,229
Feb 20261,57463.503.75$5,903
Jan 20261,34959.138.00$10,789
Dec 20252,32256.664.41$10,248
Nov 20252,40758.593.93$9,451
Oct 20252,69559.383.30$8,907
Sep 20252,71362.743.08$8,348
Aug 20252,19363.933.01$6,611
Jul 20252,32666.743.32$7,711
Jun 20252,34066.483.13$7,321
May 20252,42560.553.23$7,838
Apr 20251,56362.363.54$5,538
Mar 20251,20967.704.27$5,160
Feb 20251,40070.884.34$6,077
Jan 20252,11274.324.28$9,037
Dec 20241,08068.993.12$3,371
Nov 20241,96769.052.20$4,324
Oct 20242,51871.372.28$5,745
Sep 20242,46669.612.36$5,831
Aug 20242,59575.632.06$5,355
Jul 20242,74979.932.15$5,901
Jun 20242,71578.082.63$7,151
May 20242,77378.812.20$6,096
Apr 20242,03184.451.66$3,370
Mar 20242,15580.301.55$3,330
Feb 20242,28376.091.78$4,072
Jan 202465173.023.30$2,147
Dec 20231,24971.262.61$3,261
Nov 20231,92977.892.81$5,416
Oct 20232,65685.443.09$8,200
Sep 20232,37289.042.74$6,488
Aug 20232,45480.522.67$6,559
Jul 20233,16274.852.64$8,353
Jun 20232,41968.962.26$5,463
May 20232,24970.622.23$5,009
Apr 20232,64578.122.24$5,919
Mar 20231,73572.852.39$4,152
Feb 20231,76375.112.47$4,347
Jan 20232,48376.533.39$8,412
Dec 20221,52476.415.73$8,731
Nov 20222,52185.005.65$14,234
Oct 20222,52187.185.86$14,783
Sep 20222,83784.888.16$23,160
Aug 20222,70094.529.13$24,643
Jul 20222,936101.587.54$22,144
Jun 20222,580115.097.98$20,581
May 20222,909109.378.43$24,532
Apr 20222,620104.226.84$17,915
Mar 20223,099108.885.08$15,732
Feb 202214191.054.86$685
Jan 20221,18381.844.54$5,368
Dec 20211,63371.323.90$6,367
Nov 20211,98777.435.24$10,406
Oct 20212,44779.795.71$13,982
Sep 20212,54269.865.35$13,602
Aug 20212,72166.024.22$11,484
Jul 20212,80170.783.98$11,154
Jun 20212,24969.493.38$7,603
May 20211,99463.483.02$6,017
Apr 202188860.362.76$2,449
Mar 20211,91461.302.72$5,200
Feb 20211,64557.805.55$9,126
Jan 20212,41150.412.81$6,776
Dec 20202,51544.642.68$6,729
Nov 20201,45538.772.71$3,938
Oct 20202,20536.972.48$5,465
Sep 20202,94637.091.99$5,866
Aug 20203,16839.982.39$7,556
Jul 20203,32238.371.83$6,063
Jun 20203,29634.901.69$5,571
May 20203,53116.921.81$6,408
Apr 20203,33414.751.80$6,016
Mar 2020030.341.86$0
Feb 2020049.881.98$0
Jan 2020057.252.09$0
Dec 2019059.012.30$0
Nov 201971655.302.75$1,970
Oct 20191,72253.472.42$4,165
Sep 20192,71755.052.66$7,220
Aug 2019053.112.30$0
Jul 20192,87156.272.46$7,063
Jun 20193,15452.782.49$7,857
May 20192,15258.482.74$5,897
Apr 20191,29962.632.75$3,573
Mar 201979456.803.06$2,431
Feb 2019050.852.79$0
Jan 2019046.033.23$0
Dec 2018046.594.19$0
Nov 2018052.934.24$0
Oct 20182,93661.443.40$9,977
Sep 20183,16459.543.11$9,834
Aug 20183,44459.403.07$10,561
Jul 20183,53565.142.93$10,364
Jun 20182,93660.183.08$9,034
May 20181,21465.382.90$3,522
Apr 20181,04263.842.90$3,023
Mar 2018061.222.79$0
Feb 2018061.782.77$0
Jan 201835162.874.01$1,407
Dec 20172,76357.272.92$8,072
Nov 20172,99255.423.12$9,330
Oct 20171,70749.292.98$5,093
Sep 20171,99847.523.09$6,168
Aug 20171,88945.373.00$5,675
Jul 20171,87743.873.09$5,795
Jun 20172,78442.493.09$8,595
May 20173,20245.373.26$10,449
Apr 20172,61047.933.21$8,382
Mar 20173,16346.772.98$9,437
Feb 20171,76050.452.95$5,197
Jan 20171,94249.413.42$6,639
Dec 20161,87648.763.72$6,984
Nov 20163,23142.492.64$8,544
Oct 20161,05246.193.09$3,251
Sep 2016041.553.10$0
Aug 20162,59941.442.92$7,600
Jul 20162,78441.622.92$8,141
Jun 20162,53945.352.69$6,819
May 20162,85942.521.99$5,692
Apr 20162,87236.561.99$5,718
Mar 20162,24633.011.79$4,029
Feb 20162,28926.472.06$4,724
Jan 20163,11727.352.36$7,370
Dec 20153,06432.362.00$6,132
Nov 20153,01438.792.17$6,532
Oct 20153,44243.552.43$8,352
Sep 20153,74742.992.76$10,336
Aug 20153,65840.162.87$10,508
Jul 20153,30348.152.95$9,728
Jun 20153,41156.152.88$9,833
May 20151,31355.212.96$3,881
Apr 20153,39749.822.71$9,194
Mar 20152,86542.892.93$8,408
Feb 20152,45744.662.98$7,313
Jan 20151,20343.433.10$3,730
Dec 20143,45054.693.59$12,390
Nov 20142,17970.464.25$9,265
Oct 201490478.303.90$3,526
Sep 20141,33286.164.05$5,389
Aug 20141,85289.394.04$7,473
Jul 20141,97496.564.18$8,251
Jun 20141,78998.164.74$8,474
May 20142,34294.734.73$11,070
Apr 20143,36895.944.81$16,197
Mar 20143,54495.895.06$17,921
Feb 20141,78897.406.19$11,071
Jan 20143,49390.404.86$16,978
Dec 20133,15591.824.35$13,738
Nov 20133,38988.853.74$12,669
Oct 20133,90097.423.78$14,740
Sep 20134,213104.113.72$15,663
Aug 20133,884104.253.52$13,682
Jul 20133,613102.523.72$13,432
Jun 20133,94894.403.93$15,529
May 20131,90594.834.15$7,904
Apr 20133,29693.964.28$14,115
Mar 20132,85093.623.91$11,152
Feb 20132,95091.233.42$10,089
Jan 20133,52291.603.42$12,045
Dec 20123,60286.773.42$12,319
Nov 20123,52286.953.62$12,767
Oct 20123,78289.383.40$12,858
Sep 20124,27394.672.92$12,470
Aug 20124,93292.662.91$14,343
Jul 20124,45785.133.02$13,464
Jun 20123,56579.822.52$8,980
May 20123,42191.612.49$8,513
Apr 20123,859101.652.00$7,706
Mar 20124,161105.052.22$9,246
Feb 20123,939101.102.57$10,124
Jan 20123,88298.092.73$10,614
Dec 20113,47896.873.24$11,268
Nov 20113,88795.723.31$12,871
Oct 20114,23884.983.65$15,463
Sep 20114,17883.623.99$16,653
Aug 20114,31483.404.15$17,900
Jul 20113,83494.144.52$17,319
Jun 20114,21292.904.64$19,543
May 20114,33898.134.40$19,108
Apr 20114,196105.964.33$18,182
Mar 20114,21096.364.06$17,081
Feb 20113,96985.644.18$16,590
Jan 20114,50186.504.59$20,654
Dec 20104,59485.734.35$19,974
Nov 20104,71280.843.80$17,884
Oct 20105,02378.103.51$17,625
Sep 20104,86972.633.98$19,376
Aug 20105,33373.684.42$23,568
Jul 20105,33872.554.74$25,283
Jun 20104,95670.364.91$24,336
May 20104,32971.124.24$18,334
Apr 20105,32881.694.12$21,966
Mar 20104,86478.394.39$21,346
Feb 20103,30973.585.44$18,009
Jan 20105,56074.365.96$33,160
Dec 20095,28871.445.48$28,998
Nov 20092,72074.593.75$10,204
Oct 20095,79772.544.11$23,827
Sep 20097,03365.543.06$21,554
Aug 20093,20567.423.22$10,315
Jul 20095,91261.133.46$20,482
Jun 20095,72666.163.90$22,303
May 20095,71554.743.93$22,436
Apr 20095,65646.773.59$20,291
Mar 20096,22942.144.06$25,284
Feb 20095,73732.814.63$26,580
Jan 20096,50435.865.37$34,933
Dec 20086,25037.105.98$37,357
Nov 20086,48755.496.86$44,503
Oct 20087,04275.246.92$48,745
Sep 20087,506101.767.88$59,125
Aug 20087,956114.228.48$67,491
Jul 20088,521131.0811.39$97,049
Jun 20088,551131.3313.03$111,442
May 20087,073123.1711.57$81,865
Apr 20086,887110.3110.45$72,003
Mar 20087,801101.909.66$75,389
Feb 20086,02692.538.77$52,852
Jan 20085,41990.388.21$44,467
Dec 20077,13288.337.30$52,078
Nov 20077,15191.677.29$52,143
Oct 20078,02382.856.92$55,535
Sep 20077,71375.846.24$48,161
Aug 20077,57469.066.39$48,382
Jul 20079,47770.906.39$60,539
Jun 20079,72262.007.55$73,386
May 20078,05358.747.85$63,186
Apr 20072,49159.617.81$19,443
Mar 20075,13056.927.30$37,459
Feb 20072,81155.108.22$23,095
Jan 20077,42550.306.73$49,947
Dec 200612,91956.656.92$89,379
Nov 20062,01354.207.62$15,334
Oct 2006054.906.01$0
Sep 20064,36260.085.04$21,972
Aug 20067,47968.717.34$54,895
Jul 20068,83169.376.34$56,013
Jun 20068,83266.286.38$56,382
May 20068,38266.016.42$53,854
Apr 20061,52764.397.36$11,239
Mar 200610,62556.707.08$75,256
Feb 20064,05957.597.75$31,462

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                1,893 Mcf  × $  2.87 =     $5,432

────────────────────────────────────────────────────
Month total                                   $5,432

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/217261 is the state's own key, not one this site invented.