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 222873District 10Field 68831001GasSaveExport
Value, all time
$1.2 M
Oct 2006 – May 2026
Value, last 12 filed months
$15 k
at the published price for each month
Months reported
236
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
GasProduction251,781 Mcf$1,205,841
Total$1,205,841

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 35.4925, -101.8630. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.49247, -101.86302 · 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
2,984 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 2,984 ft.

Completions filed
Dec 2006
1 of 1 wells

1 well

42-37531726B1432,984 ftDec 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 (236)

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

236 months

May 20260106.413.05$0
Apr 202633698.932.87$964
Mar 202634689.753.15$1,090
Feb 202629663.503.75$1,110
Jan 202633059.138.00$2,639
Dec 202533056.664.41$1,456
Nov 202533758.593.93$1,323
Oct 202539459.383.30$1,302
Sep 202540562.743.08$1,246
Aug 202543463.933.01$1,308
Jul 202545666.743.32$1,512
Jun 202543866.483.13$1,370
May 202549560.553.23$1,600
Apr 202549262.363.54$1,743
Mar 202540167.704.27$1,712
Feb 202524270.884.34$1,050
Jan 202541174.324.28$1,759
Dec 202437668.993.12$1,174
Nov 202436369.052.20$798
Oct 202451871.372.28$1,182
Sep 202450069.612.36$1,182
Aug 202452375.632.06$1,079
Jul 202455779.932.15$1,196
Jun 202452678.082.63$1,385
May 202444978.812.20$987
Apr 202452984.451.66$878
Mar 202455280.301.55$853
Feb 202449676.091.78$885
Jan 202444373.023.30$1,461
Dec 202349571.262.61$1,292
Nov 202355177.892.81$1,547
Oct 202357585.443.09$1,775
Sep 202353489.042.74$1,461
Aug 202352580.522.67$1,403
Jul 202337374.852.64$985
Jun 202351768.962.26$1,168
May 202353770.622.23$1,196
Apr 202347378.122.24$1,058
Mar 202345772.852.39$1,094
Feb 202345675.112.47$1,124
Jan 202353976.533.39$1,826
Dec 202258476.415.73$3,346
Nov 202256685.005.65$3,196
Oct 202262087.185.86$3,636
Sep 202259384.888.16$4,841
Aug 202265094.529.13$5,933
Jul 2022604101.587.54$4,555
Jun 2022512115.097.98$4,084
May 2022536109.378.43$4,520
Apr 2022426104.226.84$2,913
Mar 2022352108.885.08$1,787
Feb 202247791.054.86$2,318
Jan 202260981.844.54$2,763
Dec 202163771.323.90$2,484
Nov 202164177.435.24$3,357
Oct 202169979.795.71$3,994
Sep 202166569.865.35$3,558
Aug 202168066.024.22$2,870
Jul 202169170.783.98$2,752
Jun 202167469.493.38$2,279
May 202168063.483.02$2,052
Apr 202142060.362.76$1,159
Mar 202174761.302.72$2,030
Feb 202140357.805.55$2,236
Jan 202170450.412.81$1,978
Dec 202065544.642.68$1,752
Nov 202069738.772.71$1,886
Oct 202069436.972.48$1,720
Sep 202065037.091.99$1,294
Aug 202067439.982.39$1,608
Jul 202066938.371.83$1,221
Jun 202070834.901.69$1,197
May 202071016.921.81$1,288
Apr 202071914.751.80$1,297
Mar 202062430.341.86$1,158
Feb 202062149.881.98$1,230
Jan 202072457.252.09$1,517
Dec 2019059.012.30$0
Nov 201969155.302.75$1,901
Oct 201953053.472.42$1,282
Sep 201959055.052.66$1,568
Aug 2019053.112.30$0
Jul 201974256.272.46$1,825
Jun 201972752.782.49$1,811
May 201976758.482.74$2,102
Apr 201973862.632.75$2,030
Mar 201972556.803.06$2,220
Feb 2019050.852.79$0
Jan 2019046.033.23$0
Dec 2018046.594.19$0
Nov 2018052.934.24$0
Oct 201882461.443.40$2,800
Sep 201884659.543.11$2,629
Aug 201881759.403.07$2,505
Jul 201869165.142.93$2,026
Jun 201869760.183.08$2,145
May 201843565.382.90$1,262
Apr 201865763.842.90$1,906
Mar 20188761.222.79$242
Feb 201829761.782.77$822
Jan 201871662.874.01$2,871
Dec 201785957.272.92$2,510
Nov 201797755.423.12$3,047
Oct 201754149.292.98$1,614
Sep 201741447.523.09$1,278
Aug 201776945.373.00$2,310
Jul 201766743.873.09$2,059
Jun 201777942.493.09$2,405
May 201798945.373.26$3,228
Apr 201787647.933.21$2,813
Mar 201796346.772.98$2,873
Feb 201753650.452.95$1,583
Jan 201720749.413.42$708
Dec 201686848.763.72$3,231
Nov 201690042.492.64$2,380
Oct 201675846.193.09$2,342
Sep 201695141.553.10$2,949
Aug 201697641.442.92$2,854
Jul 201688141.622.92$2,576
Jun 201680245.352.69$2,154
May 201667542.521.99$1,344
Apr 201657336.561.99$1,141
Mar 20161,02033.011.79$1,830
Feb 201695426.472.06$1,969
Jan 201694527.352.36$2,234
Dec 20151,01032.362.00$2,021
Nov 201593438.792.17$2,024
Oct 201597843.552.43$2,373
Sep 20151,04342.992.76$2,877
Aug 20151,05940.162.87$3,042
Jul 201599548.152.95$2,930
Jun 20151,08756.152.88$3,134
May 201596155.212.96$2,840
Apr 20151,11949.822.71$3,029
Mar 201599442.892.93$2,917
Feb 20151,12144.662.98$3,336
Jan 20151,12843.433.10$3,498
Dec 20141,22954.693.59$4,414
Nov 20141,09670.464.25$4,660
Oct 20141,29978.303.90$5,067
Sep 20141,31886.164.05$5,332
Aug 201478189.394.04$3,151
Jul 201493196.564.18$3,891
Jun 20141,01698.164.74$4,813
May 20141,09194.734.73$5,157
Apr 20141,14195.944.81$5,487
Mar 20141,09895.895.06$5,552
Feb 201494797.406.19$5,864
Jan 20141,20190.404.86$5,838
Dec 201389991.824.35$3,915
Nov 20131,13188.853.74$4,228
Oct 20131,20997.423.78$4,569
Sep 20131,196104.113.72$4,446
Aug 20131,138104.253.52$4,009
Jul 20131,272102.523.72$4,729
Jun 20131,25294.403.93$4,925
May 20131,23594.834.15$5,124
Apr 20131,25493.964.28$5,370
Mar 20131,26993.623.91$4,965
Feb 20131,18491.233.42$4,049
Jan 20131,28791.603.42$4,401
Dec 20121,28386.773.42$4,388
Nov 20121,32386.953.62$4,796
Oct 20121,39989.383.40$4,756
Sep 20121,34594.672.92$3,925
Aug 20121,46292.662.91$4,252
Jul 201291785.133.02$2,770
Jun 20121,08479.822.52$2,731
May 20121,26891.612.49$3,155
Apr 20121,202101.652.00$2,400
Mar 20121,403105.052.22$3,118
Feb 20121,257101.102.57$3,231
Jan 20121,40398.092.73$3,836
Dec 20111,24296.873.24$4,024
Nov 20111,38195.723.31$4,573
Oct 20111,42284.983.65$5,188
Sep 20111,44583.623.99$5,759
Aug 20111,46683.404.15$6,083
Jul 20111,44394.144.52$6,518
Jun 20111,27792.904.64$5,925
May 20111,49298.134.40$6,572
Apr 20111,246105.964.33$5,399
Mar 20111,38396.364.06$5,611
Feb 201194485.644.18$3,946
Jan 20111,27586.504.59$5,851
Dec 201095485.734.35$4,148
Nov 20101,48680.843.80$5,640
Oct 20101,77078.103.51$6,211
Sep 20101,76072.633.98$7,004
Aug 20101,77073.684.42$7,822
Jul 20101,64072.554.74$7,768
Jun 20101,46970.364.91$7,213
May 20101,59071.124.24$6,734
Apr 20101,82081.694.12$7,503
Mar 20101,86878.394.39$8,198
Feb 20101,32873.585.44$7,227
Jan 20101,78774.365.96$10,658
Dec 20091,99571.445.48$10,940
Nov 20091,98274.593.75$7,435
Oct 20091,99772.544.11$8,208
Sep 20091,97065.543.06$6,038
Aug 20092,06067.423.22$6,630
Jul 20092,10661.133.46$7,296
Jun 20091,82666.163.90$7,112
May 20092,23954.743.93$8,790
Apr 20092,05246.773.59$7,362
Mar 20092,13942.144.06$8,682
Feb 20092,17132.814.63$10,058
Jan 20092,06535.865.37$11,091
Dec 20081,86737.105.98$11,159
Nov 20081,98555.496.86$13,618
Oct 20082,13875.246.92$14,799
Sep 20082,244101.767.88$17,676
Aug 20082,185114.228.48$18,535
Jul 20082,469131.0811.39$28,121
Jun 20082,466131.3313.03$32,138
May 20083,129123.1711.57$36,216
Apr 20083,130110.3110.45$32,724
Mar 20082,560101.909.66$24,740
Feb 20082,33692.538.77$20,488
Jan 20082,58690.388.21$21,220
Dec 20072,54288.337.30$18,562
Nov 20072,80991.677.29$20,482
Oct 20072,98082.856.92$20,628
Sep 20073,12675.846.24$19,519
Aug 20073,38669.066.39$21,630
Jul 20074,90970.906.39$31,358
Jun 20072,07462.007.55$15,655
May 20074,32858.747.85$33,959
Apr 20074,45159.617.81$34,741
Mar 20075,21156.927.30$38,051
Feb 2007055.108.22$0
Jan 2007050.306.73$0
Dec 2006056.656.92$0
Nov 2006054.207.62$0
Oct 200698254.906.01$5,906

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                  336 Mcf  × $  2.87 =       $964

────────────────────────────────────────────────────
Month total                                     $964

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/222873 is the state's own key, not one this site invented.