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 23481District 10Field 68831001GasSaveExport
Value, all time
$5.0 M
Jan 1993 – May 2026
Value, last 12 filed months
$39 k
at the published price for each month
Months reported
401
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
GasProduction1,910,740 Mcf$4,951,343
Total$4,951,343

670,845 Mcf of this lease's gas, across 48 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

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 35.6439, -101.7203. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.64390, -101.72031 · 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
no depth filed
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.

1 well

42-34101640A 2

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 (401)

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

401 months

May 20260106.413.05$0
Apr 202695698.932.87$2,743
Mar 202699089.753.15$3,118
Feb 202679163.503.75$2,967
Jan 202697559.138.00$7,798
Dec 202598556.664.41$4,347
Nov 202589358.593.93$3,506
Oct 202592959.383.30$3,070
Sep 202591562.743.08$2,815
Aug 202586163.933.01$2,596
Jul 202596166.743.32$3,186
Jun 202595166.483.13$2,975
May 20251,01260.553.23$3,271
Apr 202596862.363.54$3,430
Mar 202581767.704.27$3,487
Feb 202588770.884.34$3,850
Jan 202597974.324.28$4,189
Dec 20241,00168.993.12$3,124
Nov 202484069.052.20$1,847
Oct 202498671.372.28$2,249
Sep 202488069.612.36$2,081
Aug 202487775.632.06$1,810
Jul 202460279.932.15$1,292
Jun 2024078.082.63$0
May 20242378.812.20$51
Apr 20241,26884.451.66$2,104
Mar 20241,31080.301.55$2,024
Feb 20241,23876.091.78$2,208
Jan 20241,33573.023.30$4,402
Dec 20231,41271.262.61$3,686
Nov 20231,40377.892.81$3,939
Oct 20231,41985.443.09$4,381
Sep 20231,45389.042.74$3,974
Aug 20231,25180.522.67$3,344
Jul 20231,25774.852.64$3,321
Jun 20231,30768.962.26$2,952
May 20231,33270.622.23$2,967
Apr 20231,31878.122.24$2,949
Mar 20231,30872.852.39$3,130
Feb 202371575.112.47$1,763
Jan 20231,22176.533.39$4,136
Dec 20221,23076.415.73$7,047
Nov 20221,18185.005.65$6,668
Oct 20221,17387.185.86$6,878
Sep 20221,24784.888.16$10,180
Aug 20221,28894.529.13$11,756
Jul 20221,322101.587.54$9,971
Jun 20221,044115.097.98$8,328
May 20221,247109.378.43$10,516
Apr 20221,237104.226.84$8,458
Mar 20221,233108.885.08$6,259
Feb 202291291.054.86$4,431
Jan 20221,07381.844.54$4,869
Dec 20211,20171.323.90$4,683
Nov 20211,17077.435.24$6,127
Oct 20211,29679.795.71$7,405
Sep 20211,31969.865.35$7,058
Aug 20211,39966.024.22$5,905
Jul 20211,42970.783.98$5,690
Jun 20211,48769.493.38$5,027
May 20211,53463.483.02$4,629
Apr 202178160.362.76$2,154
Mar 20211,17961.302.72$3,203
Feb 202163357.805.55$3,512
Jan 20211,29950.412.81$3,651
Dec 20201,32644.642.68$3,548
Nov 20201,13938.772.71$3,083
Oct 20201,25336.972.48$3,105
Sep 20201,36137.091.99$2,710
Aug 20201,46239.982.39$3,487
Jul 20201,43338.371.83$2,615
Jun 20201,38834.901.69$2,346
May 20201,42816.921.81$2,591
Apr 20201,36614.751.80$2,465
Mar 20201,36530.341.86$2,534
Feb 20201,26549.881.98$2,506
Jan 20201,09157.252.09$2,285
Dec 2019059.012.30$0
Nov 20191,35355.302.75$3,722
Oct 20191,38953.472.42$3,359
Sep 20191,37155.052.66$3,643
Aug 2019053.112.30$0
Jul 20191,57756.272.46$3,880
Jun 20191,47752.782.49$3,680
May 20191,56558.482.74$4,289
Apr 20191,49062.632.75$4,099
Mar 20191,30756.803.06$4,002
Feb 2019050.852.79$0
Jan 2019046.033.23$0
Dec 2018046.594.19$0
Nov 2018052.934.24$0
Oct 20181,45661.443.40$4,948
Sep 20181,46759.543.11$4,559
Aug 20181,54559.403.07$4,738
Jul 20181,55465.142.93$4,556
Jun 20181,50760.183.08$4,637
May 20181,57065.382.90$4,554
Apr 20181,51263.842.90$4,386
Mar 201846461.222.79$1,293
Feb 20181,27461.782.77$3,524
Jan 20181,48462.874.01$5,950
Dec 20171,30757.272.92$3,818
Nov 20171,49555.423.12$4,662
Oct 201767549.292.98$2,014
Sep 201781847.523.09$2,525
Aug 20171,06445.373.00$3,197
Jul 201743943.873.09$1,355
Jun 20171,29142.493.09$3,986
May 20171,47645.373.26$4,817
Apr 20171,37947.933.21$4,429
Mar 20171,47646.772.98$4,404
Feb 20171,26050.452.95$3,720
Jan 20171,37249.413.42$4,691
Dec 20161,32848.763.72$4,944
Nov 20161,47042.492.64$3,887
Oct 20161,60646.193.09$4,963
Sep 201623341.553.10$722
Aug 20161,34441.442.92$3,930
Jul 20161,44241.622.92$4,217
Jun 20161,38145.352.69$3,709
May 20161,48342.521.99$2,953
Apr 20161,43536.561.99$2,857
Mar 20161,50433.011.79$2,698
Feb 20161,31726.472.06$2,718
Jan 20161,39127.352.36$3,289
Dec 20151,37932.362.00$2,760
Nov 20151,42338.792.17$3,084
Oct 20151,55243.552.43$3,766
Sep 20151,39842.992.76$3,856
Aug 20151,54940.162.87$4,449
Jul 20151,58948.152.95$4,680
Jun 20151,58156.152.88$4,558
May 20151,30055.212.96$3,842
Apr 20151,51449.822.71$4,098
Mar 20151,54442.892.93$4,531
Feb 20151,27344.662.98$3,789
Jan 20151,51543.433.10$4,697
Dec 20141,58954.693.59$5,707
Nov 20141,41370.464.25$6,008
Oct 20141,39578.303.90$5,442
Sep 20141,59086.164.05$6,432
Aug 20141,24389.394.04$5,016
Jul 20141,72496.564.18$7,206
Jun 20141,27098.164.74$6,016
May 20141,74494.734.73$8,243
Apr 20141,79895.944.81$8,647
Mar 20141,89995.895.06$9,603
Feb 20141,66497.406.19$10,303
Jan 20141,84690.404.86$8,973
Dec 20131,83891.824.35$8,004
Nov 20131,88488.853.74$7,043
Oct 20132,02097.423.78$7,634
Sep 20132,017104.113.72$7,499
Aug 20132,114104.253.52$7,447
Jul 20132,059102.523.72$7,655
Jun 20132,09294.403.93$8,229
May 20131,71094.834.15$7,095
Apr 20131,97993.964.28$8,475
Mar 20132,05093.623.91$8,021
Feb 20131,82691.233.42$6,245
Jan 20132,04091.603.42$6,977
Dec 20122,07086.773.42$7,080
Nov 20121,98186.953.62$7,181
Oct 20122,16289.383.40$7,350
Sep 20122,12894.672.92$6,210
Aug 20122,25892.662.91$6,567
Jul 20122,29885.133.02$6,942
Jun 20122,24479.822.52$5,653
May 20121,62591.612.49$4,044
Apr 20122,176101.652.00$4,345
Mar 20122,207105.052.22$4,904
Feb 20122,062101.102.57$5,300
Jan 20122,27798.092.73$6,226
Dec 20112,07596.873.24$6,722
Nov 20111,96495.723.31$6,503
Oct 20112,17584.983.65$7,936
Sep 20112,14583.623.99$8,550
Aug 20112,24583.404.15$9,315
Jul 20112,05594.144.52$9,283
Jun 20112,09392.904.64$9,711
May 20112,13198.134.40$9,387
Apr 20111,970105.964.33$8,537
Mar 20112,03896.364.06$8,269
Feb 20111,39785.644.18$5,839
Jan 20111,93486.504.59$8,875
Dec 20101,60485.734.35$6,974
Nov 20101,97780.843.80$7,503
Oct 20102,19678.103.51$7,706
Sep 20102,17072.633.98$8,635
Aug 20102,31873.684.42$10,244
Jul 20102,19072.554.74$10,373
Jun 20102,17870.364.91$10,695
May 20101,88371.124.24$7,975
Apr 20102,17981.694.12$8,983
Mar 20102,36478.394.39$10,375
Feb 20102,11573.585.44$11,511
Jan 20102,41674.365.96$14,409
Dec 20092,38071.445.48$13,051
Nov 20092,44274.593.75$9,161
Oct 20092,57272.544.11$10,572
Sep 20092,58865.543.06$7,932
Aug 20092,41367.423.22$7,766
Jul 20092,52361.133.46$8,741
Jun 20092,54966.163.90$9,928
May 20092,54654.743.93$9,995
Apr 20092,53346.773.59$9,087
Mar 20092,63742.144.06$10,704
Feb 20092,45432.814.63$11,369
Jan 20092,65935.865.37$14,281
Dec 20082,70437.105.98$16,162
Nov 20082,65355.496.86$18,201
Oct 20082,09975.246.92$14,529
Sep 20082,806101.767.88$22,103
Aug 20082,931114.228.48$24,864
Jul 20083,012131.0811.39$34,305
Jun 20082,914131.3313.03$37,977
May 20082,942123.1711.57$34,052
Apr 20082,900110.3110.45$30,319
Mar 20082,950101.909.66$28,509
Feb 20082,76792.538.77$24,268
Jan 20082,78490.388.21$22,845
Dec 20072,75488.337.30$20,110
Nov 20072,92091.677.29$21,292
Oct 20073,19482.856.92$22,109
Sep 20073,22675.846.24$20,144
Aug 20073,37869.066.39$21,578
Jul 20073,41270.906.39$21,796
Jun 20073,34562.007.55$25,250
May 20073,17358.747.85$24,896
Apr 20072,90959.617.81$22,705
Mar 20073,17856.927.30$23,206
Feb 20072,84255.108.22$23,350
Jan 20072,85150.306.73$19,178
Dec 20063,02656.656.92$20,935
Nov 20063,33054.207.62$25,366
Oct 20063,44754.906.01$20,730
Sep 20063,41060.085.04$17,177
Aug 20063,72768.717.34$27,356
Jul 20063,72969.376.34$23,652
Jun 20063,63966.286.38$23,231
May 20063,72166.016.42$23,907
Apr 20063,60664.397.36$26,542
Mar 20063,88356.707.08$27,503
Feb 20063,42657.597.75$26,555
Jan 20063,41060.598.93$30,463
Dec 20052,74854.9413.42$36,866
Nov 20053,17854.6910.59$33,650
Oct 20053,50958.3413.80$48,409
Sep 20053,90761.4512.08$47,193
Aug 20054,31761.519.80$42,293
Jul 20053,28655.697.84$25,774
Jun 2005052.337.38$0
May 20051,80845.226.65$12,025
Apr 20051,79449.207.36$13,205
Mar 20053,59750.377.15$25,736
Feb 20053,62745.226.31$22,893
Jan 20054,21143.166.32$26,623
Dec 20044,25939.866.75$28,753
Nov 20044,20045.286.33$26,588
Oct 20044,49349.706.52$29,272
Sep 20044,43443.245.28$23,429
Aug 20044,63842.375.55$25,744
Jul 20044,82438.286.08$29,350
Jun 20042,89036.106.43$18,591
May 20043,53837.486.49$22,978
Apr 20044,65734.475.86$27,283
Mar 20044,97334.365.53$27,501
Feb 20044,73532.455.51$26,088
Jan 20045,12532.036.30$32,286
Dec 20034,89730.266.30$30,859
Nov 20034,65828.804.60$21,404
Oct 20035,05828.174.76$24,074
Sep 20034,25726.314.75$20,218
Aug 20035,46629.765.13$28,039
Jul 20035,65729.415.17$29,251
Jun 20034,52528.565.98$27,073
May 20035,15726.595.97$30,801
Apr 20031,41226.675.41$7,635
Mar 20035,65831.146.10$34,491
Feb 20035,38333.487.93$42,665
Jan 20035,65730.315.58$31,578
Dec 20025,79526.914.85$28,128
Nov 20025,54224.664.14$22,927
Oct 20026,18126.464.23$26,140
Sep 20026,55927.443.64$23,843
Aug 20027,00725.963.16$22,171
Jul 20027,14924.583.06$21,889
Jun 20025,69023.733.34$18,995
May 20026,18424.663.58$22,163
Apr 20026,42823.653.51$22,577
Mar 20026,52922.003.10$20,258
Feb 20026,22818.222.38$14,796
Jan 20027,02817.172.38$16,696
Dec 20017,50216.932.36$17,738
Nov 20016,51718.072.41$15,677
Oct 20017,25619.782.53$18,350
Sep 20016,45624.262.25$14,535
Aug 20016,77324.873.05$20,679
Jul 20017,64823.933.20$24,451
Jun 20016,05824.563.82$23,167
May 20017,36925.524.31$31,741
Apr 20017,51924.685.34$40,116
Mar 20015,42124.545.38$29,146
Feb 20016,32527.755.77$36,477
Jan 20017,71127.478.40$64,763
Dec 20007,18026.889.12$65,500
Nov 20007,10532.215.66$40,200
Oct 20007,96731.235.15$40,994
Sep 20007,31131.875.19$37,919
Aug 20008,33929.644.54$37,865
Jul 20008,27528.534.09$33,843
Jun 20007,95429.304.40$34,976
May 20007,52327.263.68$27,683
Apr 20008,20524.513.12$25,567
Mar 20009,56828.422.86$27,362
Feb 20008,17727.622.73$22,295
Jan 20009,29225.272.48$23,049
Dec 19997,91924.282.42$19,193
Nov 19997,51123.192.43$18,282
Oct 19999,77920.982.80$27,417
Sep 19998,86421.752.62$23,213
Aug 19999,17619.262.88$26,387
Jul 19999,67217.892.37$22,946
Jun 199910,06715.942.36$23,779
May 19998,17715.792.32$18,979
Apr 19999,65015.102.21$21,308
Mar 199910,59012.471.84$19,468
Feb 19999,8659.981.82$17,933
Jan 19999,71710.381.90$18,462
Dec 19989,9629.201.77$17,666
Nov 199810,93010.892.19$23,890
Oct 199811,49712.421.97$22,640
Sep 199811,49412.592.08$23,938
Aug 199811,88911.301.91$22,676
Jul 199812,22411.742.24$27,348
Jun 199811,79211.242.24$26,382
May 199810,30612.622.21$22,739
Apr 199812,75413.042.51$31,953
Mar 199811,91012.802.31$27,505
Feb 199812,13113.952.30$27,891
Jan 199814,19414.702.15$30,585
Dec 199714,76816.322.41$35,607
Nov 199712,45018.193.09$38,449
Oct 199713,71619.253.15$43,203
Sep 199713,62517.742.95$40,260
Aug 199714,56317.862.55$37,205
Jul 199714,33717.582.25$32,214
Jun 199712,60517.242.26$28,452
May 199712,31618.972.31$28,431
Apr 199713,91517.882.08$28,982
Mar 199714,39718.951.94$27,918
Feb 199714,28220.492.21$31,505
Jan 199714,76723.483.54$52,271
Dec 199615,71123.32$0
Nov 199613,62321.97$0
Oct 19969,86023.31$0
Sep 199613,35622.22$0
Aug 199616,53420.26$0
Jul 199616,84019.55$0
Jun 199616,33818.73$0
May 199614,59619.43$0
Apr 199612,05421.51$0
Mar 19968,84619.38$0
Feb 19961,99616.98$0
Jan 19969,93317.07$0
Dec 199510,82717.19$0
Nov 199511,01216.00$0
Oct 199510,62515.43$0
Sep 19958,25216.18$0
Aug 199511,07415.92$0
Jul 199513,18615.24$0
Jun 199512,27716.41$0
May 199513,34517.56$0
Apr 199514,01917.73$0
Mar 199512,71916.44$0
Feb 199511,59216.58$0
Jan 199511,28415.92$0
Dec 199411,17415.03$0
Nov 199412,47515.90$0
Oct 199417,18815.58$0
Sep 199418,51115.29$0
Aug 199417,53216.13$0
Jul 199417,80817.56$0
Jun 199417,62017.09$0
May 199415,78415.88$0
Apr 199418,42114.14$0
Mar 199418,69912.46$0
Feb 199419,03412.50$0
Jan 199420,99712.66$0
Dec 199320,15112.33$0
Nov 199316,86114.49$0
Oct 199315,69215.85$0
Sep 199316,13615.03$0
Aug 199311,26015.66$0
Jul 199310,27515.46$0
Jun 19933,91716.79$0
May 199321,60417.68$0
Apr 19934,78118.05$0
Mar 199320,74818.14$0
Feb 199315,68617.90$0
Jan 199318,59216.93$0

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                  956 Mcf  × $  2.87 =     $2,743

────────────────────────────────────────────────────
Month total                                   $2,743

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/23481 is the state's own key, not one this site invented.