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 223014District 10Field 68831001GasSaveExport
Value, all time
$982 k
Oct 2006 – May 2026
Value, last 12 filed months
$17 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
GasProduction183,499 Mcf$981,784
Total$981,784

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 35.4934, -101.8471. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.49336, -101.84714 · 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
2,928 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 2,928 ft.

Completions filed
Oct 2006
1 of 1 wells

1 well

42-37531725B1422,928 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 (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 202641698.932.87$1,194
Mar 202642989.753.15$1,351
Feb 202638363.503.75$1,436
Jan 202640959.138.00$3,271
Dec 202540456.664.41$1,783
Nov 202540058.593.93$1,571
Oct 202540759.383.30$1,345
Sep 202540362.743.08$1,240
Aug 202539363.933.01$1,185
Jul 202540666.743.32$1,346
Jun 202539366.483.13$1,230
May 202542360.553.23$1,367
Apr 202538962.363.54$1,378
Mar 202549367.704.27$2,104
Feb 20252570.884.34$109
Jan 202534574.324.28$1,476
Dec 202438468.993.12$1,199
Nov 202436969.052.20$811
Oct 202439171.372.28$892
Sep 202437869.612.36$894
Aug 202438875.632.06$801
Jul 202439479.932.15$846
Jun 202438078.082.63$1,001
May 202438778.812.20$851
Apr 202437484.451.66$621
Mar 202440080.301.55$618
Feb 202437776.091.78$672
Jan 202440973.023.30$1,349
Dec 202340271.262.61$1,050
Nov 202340377.892.81$1,131
Oct 202341385.443.09$1,275
Sep 202340989.042.74$1,119
Aug 202342280.522.67$1,128
Jul 202360774.852.64$1,604
Jun 202341668.962.26$940
May 202340970.622.23$911
Apr 202341078.122.24$917
Mar 202342672.852.39$1,019
Feb 202345075.112.47$1,110
Jan 202338276.533.39$1,294
Dec 202245676.415.73$2,612
Nov 202245385.005.65$2,558
Oct 202245087.185.86$2,639
Sep 202244084.888.16$3,592
Aug 202246394.529.13$4,226
Jul 2022478101.587.54$3,605
Jun 2022440115.097.98$3,510
May 2022415109.378.43$3,500
Apr 2022192104.226.84$1,313
Mar 2022441108.885.08$2,239
Feb 202234891.054.86$1,691
Jan 202236081.844.54$1,634
Dec 202143671.323.90$1,700
Nov 202142877.435.24$2,241
Oct 202145779.795.71$2,611
Sep 202145069.865.35$2,408
Aug 202147566.024.22$2,005
Jul 202148070.783.98$1,911
Jun 202148369.493.38$1,633
May 202153863.483.02$1,624
Apr 202132360.362.76$891
Mar 202153461.302.72$1,451
Feb 202131557.805.55$1,748
Jan 202148250.412.81$1,355
Dec 202049144.642.68$1,314
Nov 202048638.772.71$1,315
Oct 202044336.972.48$1,098
Sep 202047637.091.99$948
Aug 202051339.982.39$1,224
Jul 202050438.371.83$920
Jun 202050334.901.69$850
May 202051816.921.81$940
Apr 202052114.751.80$940
Mar 202055430.341.86$1,028
Feb 202053349.881.98$1,056
Jan 202059757.252.09$1,251
Dec 2019059.012.30$0
Nov 201966855.302.75$1,837
Oct 201974553.472.42$1,802
Sep 201986355.052.66$2,293
Aug 2019053.112.30$0
Jul 201950256.272.46$1,235
Jun 2019052.782.49$0
May 2019058.482.74$0
Apr 2019062.632.75$0
Mar 201914756.803.06$450
Feb 2019050.852.79$0
Jan 2019046.033.23$0
Dec 2018046.594.19$0
Nov 2018052.934.24$0
Oct 201859361.443.40$2,015
Sep 201858059.543.11$1,803
Aug 201864359.403.07$1,972
Jul 201869865.142.93$2,046
Jun 201878660.183.08$2,418
May 201842465.382.90$1,230
Apr 201874363.842.90$2,155
Mar 201810961.222.79$304
Feb 201851961.782.77$1,436
Jan 201863662.874.01$2,550
Dec 201765057.272.92$1,899
Nov 201777155.423.12$2,404
Oct 201752149.292.98$1,555
Sep 201741747.523.09$1,287
Aug 201724845.373.00$745
Jul 201720443.873.09$630
Jun 201749542.493.09$1,528
May 201754145.373.26$1,766
Apr 201752947.933.21$1,699
Mar 201756746.772.98$1,692
Feb 201753050.452.95$1,565
Jan 201759849.413.42$2,044
Dec 201650348.763.72$1,873
Nov 201658842.492.64$1,555
Oct 201666646.193.09$2,058
Sep 201630941.553.10$958
Aug 201651441.442.92$1,503
Jul 201656941.622.92$1,664
Jun 201654445.352.69$1,461
May 201654942.521.99$1,093
Apr 201650836.561.99$1,011
Mar 201655733.011.79$999
Feb 201650226.472.06$1,036
Jan 201657527.352.36$1,360
Dec 201559432.362.00$1,189
Nov 201563038.792.17$1,365
Oct 201548643.552.43$1,179
Sep 201531742.992.76$874
Aug 201532840.162.87$942
Jul 201542448.152.95$1,249
Jun 201539256.152.88$1,130
May 201514955.212.96$440
Apr 201532149.822.71$869
Mar 201537742.892.93$1,106
Feb 201540244.662.98$1,196
Jan 201545643.433.10$1,414
Dec 201441954.693.59$1,505
Nov 201446370.464.25$1,969
Oct 201448578.303.90$1,892
Sep 201444486.164.05$1,796
Aug 201423289.394.04$936
Jul 201436796.564.18$1,534
Jun 201436598.164.74$1,729
May 201438594.734.73$1,820
Apr 201438795.944.81$1,861
Mar 201438795.895.06$1,957
Feb 201434397.406.19$2,124
Jan 201439490.404.86$1,915
Dec 201339591.824.35$1,720
Nov 201338588.853.74$1,439
Oct 201341897.423.78$1,580
Sep 2013427104.113.72$1,587
Aug 2013456104.253.52$1,606
Jul 2013496102.523.72$1,844
Jun 201356894.403.93$2,234
May 201330194.834.15$1,249
Apr 201346293.964.28$1,979
Mar 201350893.623.91$1,988
Feb 201344491.233.42$1,518
Jan 201347191.603.42$1,611
Dec 201249486.773.42$1,690
Nov 201246686.953.62$1,689
Oct 201248789.383.40$1,656
Sep 201290394.672.92$2,635
Aug 201296992.662.91$2,818
Jul 201247385.133.02$1,429
Jun 201250579.822.52$1,272
May 201248891.612.49$1,214
Apr 2012492101.652.00$982
Mar 2012532105.052.22$1,182
Feb 2012522101.102.57$1,342
Jan 201256298.092.73$1,537
Dec 201154496.873.24$1,762
Nov 201153095.723.31$1,755
Oct 201155884.983.65$2,036
Sep 201156483.623.99$2,248
Aug 201161283.404.15$2,539
Jul 201161694.144.52$2,783
Jun 201162192.904.64$2,881
May 201159698.134.40$2,625
Apr 2011601105.964.33$2,604
Mar 201164696.364.06$2,621
Feb 201155385.644.18$2,312
Jan 201159286.504.59$2,717
Dec 201056485.734.35$2,452
Nov 201057780.843.80$2,190
Oct 201056678.103.51$1,986
Sep 201060372.633.98$2,400
Aug 201065073.684.42$2,873
Jul 201068272.554.74$3,230
Jun 201066170.364.91$3,246
May 201075871.124.24$3,210
Apr 20101,15781.694.12$4,770
Mar 20107978.394.39$347
Feb 2010473.585.44$22
Jan 201050474.365.96$3,006
Dec 200957171.445.48$3,131
Nov 200955674.593.75$2,086
Oct 200962472.544.11$2,565
Sep 200953365.543.06$1,634
Aug 200966467.423.22$2,137
Jul 200970061.133.46$2,425
Jun 200974066.163.90$2,882
May 200973954.743.93$2,901
Apr 200975146.773.59$2,694
Mar 200985742.144.06$3,479
Feb 200972332.814.63$3,350
Jan 200986035.865.37$4,619
Dec 200883237.105.98$4,973
Nov 200886755.496.86$5,948
Oct 200893375.246.92$6,458
Sep 2008950101.767.88$7,483
Aug 20081,015114.228.48$8,610
Jul 20081,093131.0811.39$12,449
Jun 20081,145131.3313.03$14,922
May 20081,261123.1711.57$14,595
Apr 20081,349110.3110.45$14,104
Mar 20081,504101.909.66$14,535
Feb 20081,46792.538.77$12,866
Jan 20081,71190.388.21$14,040
Dec 20071,78688.337.30$13,041
Nov 20072,00391.677.29$14,605
Oct 20072,43182.856.92$16,827
Sep 20072,49675.846.24$15,585
Aug 20073,20869.066.39$20,493
Jul 20074,46370.906.39$28,509
Jun 20072,34662.007.55$17,709
May 20075,69358.747.85$44,669
Apr 20077,11259.617.81$55,511
Mar 20074,28156.927.30$31,260
Feb 20073,58755.108.22$29,471
Jan 20078,50250.306.73$57,192
Dec 20066,60356.656.92$45,682
Nov 20068,14154.207.62$62,014
Oct 20069,30854.906.01$55,976

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                  416 Mcf  × $  2.87 =     $1,194

────────────────────────────────────────────────────
Month total                                   $1,194

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/223014 is the state's own key, not one this site invented.