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 23482District 10Field 68831001GasSave
Value, all time
$10.3 M
Jan 1993 – May 2026
Value, last 12 filed months
$114 k
at the published price for each month
Months reported
401
no gaps in the span
Streams
1
gas

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
GasProduction3,373,274 Mcf$10,298,028
Total$10,298,028

904,933 Mcf of this lease's gas, across 45 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 35.6392, -101.7307. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.63923, -101.73067 · 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

42-34100616A 3

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 20262,81198.932.87$8,067
Mar 20262,88889.753.15$9,096
Feb 20262,62163.503.75$9,830
Jan 20262,88359.138.00$23,058
Dec 20252,95156.664.41$13,024
Nov 20252,67158.593.93$10,488
Oct 20252,52159.383.30$8,332
Sep 20252,56762.743.08$7,898
Aug 20252,39263.933.01$7,211
Jul 20252,64766.743.32$8,775
Jun 20252,54766.483.13$7,969
May 20252,63860.553.23$8,527
Apr 20252,50662.363.54$8,879
Mar 20252,00067.704.27$8,537
Feb 20252,28470.884.34$9,914
Jan 20251,80574.324.28$7,723
Dec 20242,26068.993.12$7,054
Nov 20242,39769.052.20$5,270
Oct 20242,50971.372.28$5,724
Sep 20242,41869.612.36$5,717
Aug 20242,28475.632.06$4,713
Jul 20242,22679.932.15$4,778
Jun 20242,65678.082.63$6,996
May 20242,74478.812.20$6,033
Apr 20242,68284.451.66$4,450
Mar 20242,79880.301.55$4,323
Feb 20242,63976.091.78$4,707
Jan 20242,44373.023.30$8,056
Dec 20232,97171.262.61$7,756
Nov 20232,85677.892.81$8,018
Oct 20232,97785.443.09$9,191
Sep 20232,83589.042.74$7,754
Aug 20233,10480.522.67$8,297
Jul 20237,01774.852.64$18,538
Jun 20233,05768.962.26$6,904
May 20233,14070.622.23$6,994
Apr 20233,04078.122.24$6,803
Mar 20232,98472.852.39$7,141
Feb 20232,56575.112.47$6,324
Jan 20232,68176.533.39$9,082
Dec 20223,14876.415.73$18,035
Nov 20223,02385.005.65$17,068
Oct 20223,18187.185.86$18,653
Sep 20223,09984.888.16$25,299
Aug 20223,29294.529.13$30,047
Jul 20223,092101.587.54$23,320
Jun 20223,133115.097.98$24,993
May 20223,134109.378.43$26,429
Apr 20223,114104.226.84$21,292
Mar 20222,622108.885.08$13,310
Feb 20222,39691.054.86$11,642
Jan 20222,73981.844.54$12,429
Dec 20213,05071.323.90$11,892
Nov 20212,76477.435.24$14,475
Oct 20213,10179.795.71$17,719
Sep 20213,42769.865.35$18,338
Aug 20215,17366.024.22$21,833
Jul 20215,30770.783.98$21,133
Jun 20215,18569.493.38$17,529
May 20213,75463.483.02$11,328
Apr 20211,73460.362.76$4,783
Mar 20213,22161.302.72$8,751
Feb 20212,02257.805.55$11,218
Jan 20213,71550.412.81$10,440
Dec 20203,02544.642.68$8,093
Nov 20202,19738.772.71$5,946
Oct 20203,47736.972.48$8,618
Sep 20203,79837.091.99$7,562
Aug 20203,83239.982.39$9,140
Jul 20203,17438.371.83$5,793
Jun 20203,79134.901.69$6,408
May 20203,97716.921.81$7,217
Apr 20203,77314.751.80$6,808
Mar 20203,84430.341.86$7,135
Feb 20203,62249.881.98$7,174
Jan 20203,80857.252.09$7,977
Dec 2019059.012.30$0
Nov 20193,78355.302.75$10,406
Oct 20193,78153.472.42$9,145
Sep 20193,77155.052.66$10,021
Aug 2019053.112.30$0
Jul 20194,30056.272.46$10,578
Jun 20193,92252.782.49$9,770
May 20193,98858.482.74$10,928
Apr 20193,46562.632.75$9,531
Mar 20192,71556.803.06$8,314
Feb 2019050.852.79$0
Jan 2019046.033.23$0
Dec 2018046.594.19$0
Nov 2018052.934.24$0
Oct 20184,11161.443.40$13,970
Sep 20183,85759.543.11$11,988
Aug 20184,07459.403.07$12,493
Jul 20184,09165.142.93$11,994
Jun 20183,54660.183.08$10,911
May 20183,92065.382.90$11,371
Apr 20183,96663.842.90$11,505
Mar 20181,28961.222.79$3,592
Feb 20183,73661.782.77$10,334
Jan 20184,27062.874.01$17,120
Dec 20173,81057.272.92$11,131
Nov 20174,04755.423.12$12,620
Oct 20171,72649.292.98$5,150
Sep 20172,22047.523.09$6,854
Aug 20172,68945.373.00$8,079
Jul 20171,19843.873.09$3,699
Jun 20173,62742.493.09$11,198
May 20174,28845.373.26$13,993
Apr 20174,05747.933.21$13,029
Mar 20174,29946.772.98$12,827
Feb 20173,69950.452.95$10,922
Jan 20173,81249.413.42$13,032
Dec 20163,82148.763.72$14,225
Nov 20164,23442.492.64$11,196
Oct 20164,26646.193.09$13,183
Sep 201625741.553.10$797
Aug 20163,72941.442.92$10,905
Jul 20164,32341.622.92$12,642
Jun 20163,95445.352.69$10,620
May 20164,39642.521.99$8,753
Apr 20164,31336.561.99$8,587
Mar 20164,46533.011.79$8,010
Feb 20163,94826.472.06$8,147
Jan 20164,41927.352.36$10,448
Dec 20154,48532.362.00$8,976
Nov 20154,21138.792.17$9,127
Oct 20154,57843.552.43$11,109
Sep 20154,59442.992.76$12,672
Aug 20154,29140.162.87$12,326
Jul 20154,55848.152.95$13,424
Jun 20154,55756.152.88$13,137
May 20153,74955.212.96$11,080
Apr 20154,44249.822.71$12,023
Mar 20154,47542.892.93$13,133
Feb 20153,79444.662.98$11,292
Jan 20154,73143.433.10$14,669
Dec 20144,76954.693.59$17,127
Nov 20144,05870.464.25$17,254
Oct 201479478.303.90$3,097
Sep 20142,85586.164.05$11,550
Aug 20143,51689.394.04$14,187
Jul 20144,74596.564.18$19,832
Jun 20144,10698.164.74$19,450
May 20144,63594.734.73$21,908
Apr 20144,32595.944.81$20,799
Mar 20144,83595.895.06$24,450
Feb 20143,55397.406.19$22,000
Jan 20144,84190.404.86$23,531
Dec 20134,79491.824.35$20,875
Nov 20134,68688.853.74$17,518
Oct 20134,95897.423.78$18,738
Sep 20134,830104.113.72$17,957
Aug 20135,131104.253.52$18,075
Jul 20134,900102.523.72$18,217
Jun 20135,03194.403.93$19,789
May 20133,98194.834.15$16,517
Apr 20134,82893.964.28$20,676
Mar 20135,10493.623.91$19,971
Feb 20134,66891.233.42$15,964
Jan 20135,21391.603.42$17,828
Dec 20125,19086.773.42$17,751
Nov 20125,01886.953.62$18,190
Oct 20125,02189.383.40$17,070
Sep 20125,20294.672.92$15,182
Aug 20125,37692.662.91$15,634
Jul 20125,36685.133.02$16,210
Jun 20125,29179.822.52$13,328
May 20123,85891.612.49$9,600
Apr 20125,277101.652.00$10,537
Mar 20125,514105.052.22$12,253
Feb 20125,120101.102.57$13,160
Jan 20125,44798.092.73$14,893
Dec 20114,94996.873.24$16,033
Nov 20115,15695.723.31$17,073
Oct 20115,68184.983.65$20,727
Sep 20115,51083.623.99$21,962
Aug 20115,73083.404.15$23,776
Jul 20115,11694.144.52$23,110
Jun 20115,54592.904.64$25,728
May 20115,80198.134.40$25,552
Apr 20115,122105.964.33$22,195
Mar 20115,72396.364.06$23,220
Feb 20114,49985.644.18$18,806
Jan 20115,33786.504.59$24,490
Dec 20104,28585.734.35$18,630
Nov 20105,67580.843.80$21,539
Oct 20105,94678.103.51$20,864
Sep 20105,81372.633.98$23,133
Aug 20106,03673.684.42$26,675
Jul 20106,08272.554.74$28,807
Jun 20105,15470.364.91$25,308
May 20104,30471.124.24$18,228
Apr 20104,96081.694.12$20,449
Mar 20105,72478.394.39$25,121
Feb 20105,07973.585.44$27,642
Jan 20105,74174.365.96$34,240
Dec 20095,84871.445.48$32,069
Nov 20095,80174.593.75$21,762
Oct 20095,95672.544.11$24,481
Sep 20095,47265.543.06$16,770
Aug 20096,04667.423.22$19,459
Jul 20096,16561.133.46$21,359
Jun 20094,68766.163.90$18,256
May 20096,14454.743.93$24,120
Apr 20096,32746.773.59$22,698
Mar 20096,47042.144.06$26,262
Feb 20095,86232.814.63$27,159
Jan 20096,40235.865.37$34,385
Dec 20086,29637.105.98$37,632
Nov 20086,30055.496.86$43,220
Oct 20085,70875.246.92$39,511
Sep 20086,606101.767.88$52,036
Aug 20086,806114.228.48$57,735
Jul 20087,021131.0811.39$79,965
Jun 20086,628131.3313.03$86,380
May 20086,669123.1711.57$77,189
Apr 20086,729110.3110.45$70,351
Mar 20086,944101.909.66$67,107
Feb 20086,51392.538.77$57,123
Jan 20086,65190.388.21$54,576
Dec 20076,61288.337.30$48,281
Nov 20076,81191.677.29$49,664
Oct 20076,95182.856.92$48,115
Sep 20077,23375.846.24$45,164
Aug 20077,50069.066.39$47,910
Jul 20077,48470.906.39$47,807
Jun 20077,37162.007.55$55,640
May 20076,91758.747.85$54,273
Apr 20076,52859.617.81$50,952
Mar 20077,09456.927.30$51,800
Feb 20076,60555.108.22$54,267
Jan 20077,52150.306.73$50,593
Dec 20067,32456.656.92$50,671
Nov 20067,11654.207.62$54,206
Oct 20067,84654.906.01$47,184
Sep 20067,81060.085.04$39,341
Aug 20068,21868.717.34$60,319
Jul 20068,11269.376.34$51,452
Jun 20067,99066.286.38$51,007
May 20067,67866.016.42$49,331
Apr 20068,07164.397.36$59,406
Mar 20068,75856.707.08$62,032
Feb 20067,75557.597.75$60,110
Jan 20068,84260.598.93$78,988
Dec 20058,98554.9413.42$120,537
Nov 20058,55454.6910.59$90,573
Oct 20058,45758.3413.80$116,671
Sep 20058,96061.4512.08$108,228
Aug 20054,72861.519.80$46,319
Jul 200584455.697.84$6,620
Jun 2005052.337.38$0
May 20053,71945.226.65$24,736
Apr 20058,41949.207.36$61,968
Mar 20057,70750.377.15$55,143
Feb 20056,79945.226.31$42,915
Jan 20059,62643.166.32$60,858
Dec 20049,72339.866.75$65,641
Nov 20049,21045.286.33$58,303
Oct 200410,07149.706.52$65,614
Sep 20049,72243.245.28$51,370
Aug 200410,29542.375.55$57,144
Jul 200410,41338.286.08$63,355
Jun 20049,46336.106.43$60,876
May 20048,40137.486.49$54,561
Apr 200410,11634.475.86$59,264
Mar 200410,40234.365.53$57,525
Feb 200410,04832.455.51$55,361
Jan 200410,19232.036.30$64,206
Dec 20038,49130.266.30$53,507
Nov 200310,46728.804.60$48,098
Oct 200310,66128.174.76$50,743
Sep 20039,03826.314.75$42,925
Aug 20038,96929.765.13$46,008
Jul 200310,01729.415.17$51,796
Jun 20038,29528.565.98$49,629
May 20038,48326.595.97$50,666
Apr 20039,99226.675.41$54,030
Mar 200310,36731.146.10$63,198
Feb 20038,96733.487.93$71,071
Jan 200310,33930.315.58$57,713
Dec 200210,30226.914.85$50,003
Nov 200210,49324.664.14$43,409
Oct 200210,87326.464.23$45,983
Sep 200210,42427.443.64$37,893
Aug 200210,92725.963.16$34,575
Jul 200212,95224.583.06$39,656
Jun 200211,20323.733.34$37,398
May 200212,43824.663.58$44,578
Apr 200212,44823.653.51$43,721
Mar 200212,66222.003.10$39,287
Feb 200211,88318.222.38$28,230
Jan 200211,36317.172.38$26,995
Dec 200113,13616.932.36$31,059
Nov 200110,48518.072.41$25,222
Oct 200113,73419.782.53$34,732
Sep 200112,31424.262.25$27,723
Aug 200113,48924.873.05$41,184
Jul 200113,42423.933.20$42,918
Jun 20019,86924.563.82$37,741
May 200113,70325.524.31$59,023
Apr 200114,41224.685.34$76,893
Mar 200114,07624.545.38$75,679
Feb 200113,51327.755.77$77,931
Jan 200116,23027.478.40$136,312
Dec 200013,53426.889.12$123,464
Nov 20008,97532.215.66$50,781
Oct 200014,51531.235.15$74,687
Sep 200014,84531.875.19$76,994
Aug 200013,79229.644.54$62,626
Jul 200015,85228.534.09$64,831
Jun 200012,12429.304.40$53,312
May 200014,98927.263.68$55,156
Apr 200014,07224.513.12$43,848
Mar 200016,36528.422.86$46,800
Feb 200014,46927.622.73$39,450
Jan 200016,91725.272.48$41,963
Dec 199915,91824.282.42$38,581
Nov 199916,77423.192.43$40,828
Oct 199917,45120.982.80$48,928
Sep 199912,01721.752.62$31,471
Aug 1999019.262.88$0
Jul 199917,75817.892.37$42,129
Jun 199918,53915.942.36$43,791
May 199918,27215.792.32$42,410
Apr 199916,56715.102.21$36,581
Mar 199921,49712.471.84$39,519
Feb 199917,7879.981.82$32,333
Jan 199918,92510.381.90$35,957
Dec 199821,4359.201.77$38,011
Nov 199819,86010.892.19$43,408
Oct 199820,54412.421.97$40,455
Sep 199820,68712.592.08$43,083
Aug 199820,83011.301.91$39,730
Jul 199821,48111.742.24$48,059
Jun 199821,05211.242.24$47,099
May 199818,93612.622.21$41,779
Apr 19981,47213.042.51$3,688
Mar 199814,68112.802.31$33,905
Feb 199811,63813.952.30$26,757
Jan 199824,86414.702.15$53,577
Dec 199726,01816.322.41$62,732
Nov 199724,79718.193.09$76,580
Oct 199724,94619.253.15$78,575
Sep 199725,69717.742.95$75,932
Aug 199717,56617.862.55$44,877
Jul 1997017.582.25$0
Jun 1997017.242.26$0
May 199723,71618.972.31$54,748
Apr 199723,85917.882.08$49,693
Mar 199717,45218.951.94$33,842
Feb 199710,95420.492.21$24,163
Jan 199727,20123.483.54$96,283
Dec 199627,27723.32$0
Nov 199626,13621.97$0
Oct 199627,68223.31$0
Sep 199622,63022.22$0
Aug 199628,31020.26$0
Jul 199610,02419.55$0
Jun 1996018.73$0
May 19965,58419.43$0
Apr 199622,89021.51$0
Mar 199622,81419.38$0
Feb 199618,08116.98$0
Jan 199623,69517.07$0
Dec 199522,63117.19$0
Nov 199519,43516.00$0
Oct 199518,32515.43$0
Sep 199514,19416.18$0
Aug 199518,09315.92$0
Jul 199521,61015.24$0
Jun 199520,02916.41$0
May 199523,02517.56$0
Apr 199522,29317.73$0
Mar 199525,02916.44$0
Feb 199519,12016.58$0
Jan 199519,87415.92$0
Dec 199422,87515.03$0
Nov 199422,17615.90$0
Oct 199429,36115.58$0
Sep 199427,51315.29$0
Aug 19945,05216.13$0
Jul 19943,09917.56$0
Jun 199410,29517.09$0
May 199427,89615.88$0
Apr 199425,55314.14$0
Mar 199432,75812.46$0
Feb 199430,02412.50$0
Jan 199424,24112.66$0
Dec 199332,37512.33$0
Nov 199320,72714.49$0
Oct 199317,82015.85$0
Sep 19936,89415.03$0
Aug 1993015.66$0
Jul 1993015.46$0
Jun 19934,70416.79$0
May 199370617.68$0
Apr 199393418.05$0
Mar 199313,82618.14$0
Feb 199332,98717.90$0
Jan 199334,33616.93$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                2,811 Mcf  × $  2.87 =     $8,067

────────────────────────────────────────────────────
Month total                                   $8,067

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/23482 is the state's own key, not one this site invented.