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 23483District 10Field 68831001NGPA filingGasSaveExport
Value, all time
$6.8 M
Jan 1993 – May 2026
Value, last 12 filed months
$26 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.

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
GasProduction2,405,638 Mcf$6,826,781
Total$6,826,781

846,865 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 35.6222, -101.7694. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.62216, -101.76937 · 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
12,922 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 12,922 ft.

Completions filed
Sep 2004
1 of 1 wells

1 well

42-34100564A 412,922 ftSep 2004

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 202664698.932.87$1,854
Mar 202664289.753.15$2,022
Feb 202657863.503.75$2,168
Jan 202663359.138.00$5,063
Dec 202562756.664.41$2,767
Nov 202563558.593.93$2,493
Oct 202560759.383.30$2,006
Sep 202564362.743.08$1,978
Aug 202555963.933.01$1,685
Jul 202565366.743.32$2,165
Jun 202561566.483.13$1,924
May 202566260.553.23$2,140
Apr 202567362.363.54$2,385
Mar 202557367.704.27$2,446
Feb 202552270.884.34$2,266
Jan 202569074.324.28$2,952
Dec 202464868.993.12$2,023
Nov 202467369.052.20$1,480
Oct 202470771.372.28$1,613
Sep 202470469.612.36$1,665
Aug 202458575.632.06$1,207
Jul 202477079.932.15$1,653
Jun 202475278.082.63$1,981
May 202476278.812.20$1,675
Apr 202471884.451.66$1,191
Mar 202473680.301.55$1,137
Feb 202463376.091.78$1,129
Jan 202468373.023.30$2,252
Dec 202375171.262.61$1,961
Nov 202375777.892.81$2,125
Oct 202379985.443.09$2,467
Sep 202378089.042.74$2,133
Aug 202381880.522.67$2,186
Jul 20231,32874.852.64$3,508
Jun 202377368.962.26$1,746
May 202367370.622.23$1,499
Apr 202364078.122.24$1,432
Mar 202365072.852.39$1,556
Feb 202356575.112.47$1,393
Jan 202366176.533.39$2,239
Dec 202258676.415.73$3,357
Nov 202266285.005.65$3,738
Oct 202270787.185.86$4,146
Sep 202270384.888.16$5,739
Aug 202272594.529.13$6,617
Jul 2022720101.587.54$5,430
Jun 2022695115.097.98$5,544
May 2022709109.378.43$5,979
Apr 2022708104.226.84$4,841
Mar 2022719108.885.08$3,650
Feb 202262491.054.86$3,032
Jan 202261481.844.54$2,786
Dec 202173571.323.90$2,866
Nov 202173277.435.24$3,833
Oct 202177379.795.71$4,417
Sep 202176569.865.35$4,093
Aug 202179366.024.22$3,347
Jul 202180570.783.98$3,206
Jun 202178769.493.38$2,661
May 202181963.483.02$2,471
Apr 202129360.362.76$808
Mar 2021061.302.72$0
Feb 202145057.805.55$2,497
Jan 20211,78550.412.81$5,016
Dec 20203,13844.642.68$8,396
Nov 20202,02938.772.71$5,492
Oct 20202,97036.972.48$7,361
Sep 20203,23937.091.99$6,449
Aug 20203,38839.982.39$8,081
Jul 202081538.371.83$1,487
Jun 202097134.901.69$1,641
May 20201,10916.921.81$2,013
Apr 20201,08114.751.80$1,951
Mar 20201,11930.341.86$2,077
Feb 20201,01449.881.98$2,008
Jan 20201,13857.252.09$2,384
Dec 2019059.012.30$0
Nov 20191,08055.302.75$2,971
Oct 20191,23053.472.42$2,975
Sep 201921655.052.66$574
Aug 2019053.112.30$0
Jul 2019056.272.46$0
Jun 2019052.782.49$0
May 2019058.482.74$0
Apr 2019062.632.75$0
Mar 2019056.803.06$0
Feb 2019050.852.79$0
Jan 2019046.033.23$0
Dec 2018046.594.19$0
Nov 2018052.934.24$0
Oct 20181,46661.443.40$4,982
Sep 20181,43959.543.11$4,472
Aug 20181,50059.403.07$4,600
Jul 20181,15565.142.93$3,386
Jun 20181,34560.183.08$4,138
May 20181,51665.382.90$4,398
Apr 20181,55363.842.90$4,505
Mar 201836161.222.79$1,006
Feb 20181,21261.782.77$3,353
Jan 20181,02762.874.01$4,118
Dec 20171,01457.272.92$2,962
Nov 20171,41055.423.12$4,397
Oct 201756249.292.98$1,677
Sep 201776747.523.09$2,368
Aug 20171,11945.373.00$3,362
Jul 201745743.873.09$1,411
Jun 201796042.493.09$2,964
May 201726645.373.26$868
Apr 20171,30747.933.21$4,198
Mar 20171,40746.772.98$4,198
Feb 201793050.452.95$2,746
Jan 20171,27549.413.42$4,359
Dec 20161,35648.763.72$5,048
Nov 20161,52642.492.64$4,035
Oct 20161,59446.193.09$4,926
Sep 20161,25341.553.10$3,885
Aug 20161,04841.442.92$3,065
Jul 20161,53741.622.92$4,495
Jun 20161,45245.352.69$3,900
May 20161,56942.521.99$3,124
Apr 20161,47536.561.99$2,937
Mar 20161,32333.011.79$2,373
Feb 20161,26626.472.06$2,613
Jan 20161,61227.352.36$3,811
Dec 20152,17532.362.00$4,353
Nov 20152,18538.792.17$4,736
Oct 20152,30143.552.43$5,584
Sep 20152,24442.992.76$6,190
Aug 20152,30840.162.87$6,630
Jul 20152,00048.152.95$5,890
Jun 20152,32256.152.88$6,694
May 20151,76855.212.96$5,225
Apr 20152,34149.822.71$6,336
Mar 20152,26142.892.93$6,635
Feb 20151,96544.662.98$5,848
Jan 20151,80643.433.10$5,600
Dec 20142,22854.693.59$8,002
Nov 20141,80770.464.25$7,683
Oct 20142,69078.303.90$10,494
Sep 20141,01986.164.05$4,122
Aug 20141,58989.394.04$6,412
Jul 20142,49996.564.18$10,445
Jun 20142,94598.164.74$13,950
May 20142,98194.734.73$14,090
Apr 20143,00895.944.81$14,466
Mar 20143,07995.895.06$15,570
Feb 20142,57797.406.19$15,957
Jan 20143,13790.404.86$15,248
Dec 20133,12591.824.35$13,608
Nov 20133,07488.853.74$11,491
Oct 20133,23997.423.78$12,241
Sep 20133,025104.113.72$11,246
Aug 20133,175104.253.52$11,184
Jul 20133,220102.523.72$11,971
Jun 20133,20894.403.93$12,618
May 20132,59094.834.15$10,746
Apr 20133,05393.964.28$13,075
Mar 20133,22593.623.91$12,619
Feb 20132,98591.233.42$10,208
Jan 20133,13891.603.42$10,732
Dec 20123,15986.773.42$10,804
Nov 20123,10286.953.62$11,245
Oct 20123,24889.383.40$11,042
Sep 20123,04694.672.92$8,889
Aug 20122,80192.662.91$8,146
Jul 20123,19285.133.02$9,642
Jun 20122,99479.822.52$7,542
May 20122,42091.612.49$6,022
Apr 20123,136101.652.00$6,262
Mar 20123,291105.052.22$7,313
Feb 20123,012101.102.57$7,742
Jan 20123,40298.092.73$9,301
Dec 20113,57896.873.24$11,592
Nov 20113,62195.723.31$11,990
Oct 20113,73584.983.65$13,627
Sep 20113,51783.623.99$14,018
Aug 20113,79383.404.15$15,738
Jul 20113,58494.144.52$16,190
Jun 20113,78392.904.64$17,553
May 20113,99198.134.40$17,580
Apr 20113,591105.964.33$15,561
Mar 20114,00796.364.06$16,258
Feb 20113,68885.644.18$15,416
Jan 20114,06986.504.59$18,672
Dec 20103,96685.734.35$17,243
Nov 20104,15880.843.80$15,781
Oct 20104,29878.103.51$15,081
Sep 20104,15272.633.98$16,523
Aug 20104,39673.684.42$19,428
Jul 20104,40472.554.74$20,860
Jun 20103,85970.364.91$18,949
May 20103,49471.124.24$14,798
Apr 20104,30081.694.12$17,728
Mar 20104,48678.394.39$19,688
Feb 20103,62073.585.44$19,701
Jan 20104,27574.365.96$25,496
Dec 20094,14471.445.48$22,725
Nov 20094,36274.593.75$16,364
Oct 20094,79972.544.11$19,725
Sep 20094,70265.543.06$14,410
Aug 20094,76767.423.22$15,343
Jul 20094,48461.133.46$15,535
Jun 20093,57966.163.90$13,940
May 20094,77454.743.93$18,742
Apr 20094,82346.773.59$17,303
Mar 20094,85242.144.06$19,694
Feb 20094,67732.814.63$21,669
Jan 20095,07435.865.37$27,252
Dec 20085,26037.105.98$31,440
Nov 20085,17955.496.86$35,530
Oct 20085,21575.246.92$36,098
Sep 20085,205101.767.88$41,000
Aug 20085,407114.228.48$45,868
Jul 20085,435131.0811.39$61,902
Jun 20085,266131.3313.03$68,630
May 20085,150123.1711.57$59,608
Apr 20085,172110.3110.45$54,073
Mar 20085,382101.909.66$52,012
Feb 20084,95192.538.77$43,423
Jan 20085,42790.388.21$44,533
Dec 20075,47188.337.30$39,949
Nov 20075,43091.677.29$39,594
Oct 20075,54682.856.92$38,389
Sep 20075,44675.846.24$34,006
Aug 20075,65569.066.39$36,124
Jul 20075,73870.906.39$36,654
Jun 20075,62862.007.55$42,483
May 20074,10658.747.85$32,217
Apr 20075,59559.617.81$43,670
Mar 20075,39656.927.30$39,401
Feb 20074,91555.108.22$40,382
Jan 20076,22850.306.73$41,895
Dec 20067,47656.656.92$51,722
Nov 20067,20654.207.62$54,892
Oct 20067,31454.906.01$43,985
Sep 20066,98260.085.04$35,170
Aug 20066,74168.717.34$49,478
Jul 20067,16369.376.34$45,433
Jun 20066,87366.286.38$43,876
May 20067,41166.016.42$47,616
Apr 20068,25964.397.36$60,790
Mar 20068,44456.707.08$59,808
Feb 20067,96657.597.75$61,745
Jan 20066,70160.598.93$59,862
Dec 20059,80454.9413.42$131,525
Nov 20059,10454.6910.59$96,397
Oct 20059,59058.3413.80$132,301
Sep 200510,18861.4512.08$123,061
Aug 20059,85461.519.80$96,538
Jul 20058,14555.697.84$63,886
Jun 2005052.337.38$0
May 20054,75745.226.65$31,640
Apr 20058,98149.207.36$66,104
Mar 20058,87650.377.15$63,507
Feb 20057,65845.226.31$48,337
Jan 20059,33943.166.32$59,043
Dec 200410,02039.866.75$67,646
Nov 200410,08545.286.33$63,842
Oct 20046,24049.706.52$40,654
Sep 20042,67143.245.28$14,113
Aug 2004042.375.55$0
Jul 2004038.286.08$0
Jun 2004036.106.43$0
May 2004037.486.49$0
Apr 2004034.475.86$0
Mar 2004034.365.53$0
Feb 20043,88132.455.51$21,383
Jan 20047,29832.036.30$45,975
Dec 20037,18030.266.30$45,246
Nov 20036,76928.804.60$31,105
Oct 20036,34628.174.76$30,205
Sep 20034,59326.314.75$21,814
Aug 20031,21629.765.13$6,238
Jul 20034,75929.415.17$24,608
Jun 20032,18528.565.98$13,073
May 20032,89326.595.97$17,279
Apr 20033,18226.675.41$17,206
Mar 20033,16231.146.10$19,276
Feb 20033,49933.487.93$27,733
Jan 20034,00330.315.58$22,345
Dec 20022,77126.914.85$13,450
Nov 2002324.664.14$12
Oct 20022,43726.464.23$10,306
Sep 20025,40627.443.64$19,652
Aug 20025,13425.963.16$16,245
Jul 20025,79224.583.06$17,734
Jun 20025,56423.733.34$18,574
May 200210,80924.663.58$38,739
Apr 20028,86223.653.51$31,126
Mar 20029,29222.003.10$28,830
Feb 20028,52318.222.38$20,248
Jan 200210,12417.172.38$24,051
Dec 20019,94416.932.36$23,512
Nov 20017,83718.072.41$18,852
Oct 20018,32119.782.53$21,043
Sep 20017,05824.262.25$15,890
Aug 20018,55724.873.05$26,126
Jul 20017,50523.933.20$23,994
Jun 20017,45624.563.82$28,513
May 20018,48025.524.31$36,526
Apr 20018,92524.685.34$47,618
Mar 20019,78924.545.38$52,630
Feb 20017,99927.755.77$46,131
Jan 200111,41427.478.40$95,863
Dec 200010,89726.889.12$99,408
Nov 20004,92932.215.66$27,888
Oct 200010,63731.235.15$54,733
Sep 20009,64131.875.19$50,003
Aug 200011,97729.644.54$54,385
Jul 200012,35428.534.09$50,525
Jun 200010,30929.304.40$45,331
May 20006,93827.263.68$25,530
Apr 20009,95524.513.12$31,020
Mar 20009,99928.422.86$28,595
Feb 20009,06527.622.73$24,716
Jan 200012,03725.272.48$29,858
Dec 199910,78824.282.42$26,147
Nov 199911,72323.192.43$28,534
Oct 199910,07320.982.80$28,242
Sep 199911,76321.752.62$30,806
Aug 199911,59519.262.88$33,343
Jul 199911,64417.892.37$27,624
Jun 199911,37715.942.36$26,874
May 199910,40015.792.32$24,139
Apr 199910,81215.102.21$23,873
Mar 199912,63712.471.84$23,231
Feb 199911,2379.981.82$20,427
Jan 199911,20010.381.90$21,279
Dec 199812,6349.201.77$22,404
Nov 199813,85010.892.19$30,272
Oct 199813,53812.421.97$26,659
Sep 199811,80612.592.08$24,587
Aug 199813,12711.301.91$25,038
Jul 199812,99811.742.24$29,080
Jun 199813,07011.242.24$29,241
May 199812,27012.622.21$27,072
Apr 199813,04013.042.51$32,670
Mar 199813,22512.802.31$30,542
Feb 199812,81713.952.30$29,468
Jan 199813,91714.702.15$29,988
Dec 199714,95916.322.41$36,068
Nov 199713,85218.193.09$42,779
Oct 199714,45219.253.15$45,521
Sep 199714,54517.742.95$42,979
Aug 199715,41617.862.55$39,384
Jul 199715,63617.582.25$35,133
Jun 199714,72917.242.26$33,246
May 199713,69618.972.31$31,617
Apr 199715,61917.882.08$32,531
Mar 199716,60418.951.94$32,197
Feb 199714,70320.492.21$32,433
Jan 199714,73823.483.54$52,168
Dec 199617,37923.32$0
Nov 199616,32521.97$0
Oct 199618,47923.31$0
Sep 199616,72922.22$0
Aug 199619,58220.26$0
Jul 19967,04719.55$0
Jun 19969,37318.73$0
May 199619,31419.43$0
Apr 199618,79421.51$0
Mar 199620,18319.38$0
Feb 199618,42316.98$0
Jan 199618,77417.07$0
Dec 199518,31617.19$0
Nov 199521,04716.00$0
Oct 199519,16915.43$0
Sep 199519,28716.18$0
Aug 199520,35015.92$0
Jul 19959,47915.24$0
Jun 199514,75516.41$0
May 199514,05917.56$0
Apr 199515,59317.73$0
Mar 199514,57916.44$0
Feb 199513,40216.58$0
Jan 199511,22915.92$0
Dec 199416,15715.03$0
Nov 199418,92815.90$0
Oct 199421,78015.58$0
Sep 199422,06515.29$0
Aug 199421,74616.13$0
Jul 199423,31017.56$0
Jun 199415,89417.09$0
May 199412,62515.88$0
Apr 199420,58914.14$0
Mar 199422,33912.46$0
Feb 199420,27612.50$0
Jan 199420,01212.66$0
Dec 199322,78912.33$0
Nov 199318,93814.49$0
Oct 199319,33715.85$0
Sep 199319,17515.03$0
Aug 199316,52615.66$0
Jul 199312,43415.46$0
Jun 199397016.79$0
May 199316,32217.68$0
Apr 199316,18518.05$0
Mar 199325,88418.14$0
Feb 199324,00717.90$0
Jan 199326,91016.93$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                  646 Mcf  × $  2.87 =     $1,854

────────────────────────────────────────────────────
Month total                                   $1,854

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/23483 is the state's own key, not one this site invented.