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 23485District 10Field 68831001NGPA filingGasSaveExport
Value, all time
$358 k
Jan 1993 – May 2026
Value, last 12 filed months
$20 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
GasProduction344,466 Mcf$358,144
Total$358,144

233,982 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 35.6225, -101.9116. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.62249, -101.91158 · 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

42-34100790A 6

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 202647698.932.87$1,366
Mar 202649689.753.15$1,562
Feb 202641663.503.75$1,560
Jan 202651959.138.00$4,151
Dec 202547656.664.41$2,101
Nov 202546658.593.93$1,830
Oct 202550259.383.30$1,659
Sep 202551262.743.08$1,575
Aug 202549163.933.01$1,480
Jul 202551666.743.32$1,711
Jun 202546566.483.13$1,455
May 202551060.553.23$1,648
Apr 202549962.363.54$1,768
Mar 202543567.704.27$1,857
Feb 202535770.884.34$1,550
Jan 202543274.324.28$1,848
Dec 202453268.993.12$1,661
Nov 202450569.052.20$1,110
Oct 202452171.372.28$1,189
Sep 202455269.612.36$1,305
Aug 202456075.632.06$1,156
Jul 202457679.932.15$1,236
Jun 202454578.082.63$1,436
May 202457378.812.20$1,260
Apr 202455684.451.66$923
Mar 202453080.301.55$819
Feb 202449576.091.78$883
Jan 202455073.023.30$1,814
Dec 202354971.262.61$1,433
Nov 202355777.892.81$1,564
Oct 202359685.443.09$1,840
Sep 202355289.042.74$1,510
Aug 202360080.522.67$1,604
Jul 20231,30174.852.64$3,437
Jun 202357768.962.26$1,303
May 202361470.622.23$1,368
Apr 202359378.122.24$1,327
Mar 202357172.852.39$1,366
Feb 202350675.112.47$1,248
Jan 202361076.533.39$2,067
Dec 202259176.415.73$3,386
Nov 202261185.005.65$3,450
Oct 202264687.185.86$3,788
Sep 202265784.888.16$5,364
Aug 202269294.529.13$6,316
Jul 2022697101.587.54$5,257
Jun 2022666115.097.98$5,313
May 2022685109.378.43$5,777
Apr 2022644104.226.84$4,403
Mar 2022598108.885.08$3,036
Feb 202258791.054.86$2,852
Jan 202266181.844.54$2,999
Dec 202168371.323.90$2,663
Nov 202168777.435.24$3,598
Oct 202173779.795.71$4,211
Sep 202173369.865.35$3,922
Aug 202177766.024.22$3,279
Jul 202175270.783.98$2,995
Jun 202176669.493.38$2,590
May 202172663.483.02$2,191
Apr 202149160.362.76$1,354
Mar 202181861.302.72$2,222
Feb 202137757.805.55$2,092
Jan 202171850.412.81$2,018
Dec 202072544.642.68$1,940
Nov 202068638.772.71$1,857
Oct 202068036.972.48$1,685
Sep 202078337.091.99$1,559
Aug 202075139.982.39$1,791
Jul 202079338.371.83$1,447
Jun 202074934.901.69$1,266
May 202080116.921.81$1,454
Apr 202071614.751.80$1,292
Mar 202065430.341.86$1,214
Feb 202066449.881.98$1,315
Jan 202076157.252.09$1,594
Dec 2019059.012.30$0
Nov 201973055.302.75$2,008
Oct 201977053.472.42$1,862
Sep 201973955.052.66$1,964
Aug 2019053.112.30$0
Jul 201973656.272.46$1,811
Jun 201978152.782.49$1,946
May 201978058.482.74$2,137
Apr 201970362.632.75$1,934
Mar 201972956.803.06$2,232
Feb 2019050.852.79$0
Jan 2019046.033.23$0
Dec 2018046.594.19$0
Nov 2018052.934.24$0
Oct 201889061.443.40$3,024
Sep 201888459.543.11$2,747
Aug 201893459.403.07$2,864
Jul 201892965.142.93$2,724
Jun 201890260.183.08$2,775
May 201899165.382.90$2,875
Apr 20181,17363.842.90$3,403
Mar 201817961.222.79$499
Feb 201897261.782.77$2,689
Jan 201859362.874.01$2,378
Dec 201798557.272.92$2,878
Nov 20171,24055.423.12$3,867
Oct 201774649.292.98$2,226
Sep 201738747.523.09$1,195
Aug 201762245.373.00$1,869
Jul 201744443.873.09$1,371
Jun 201739842.493.09$1,229
May 20171,00845.373.26$3,290
Apr 20171,02647.933.21$3,295
Mar 201799646.772.98$2,972
Feb 201794350.452.95$2,784
Jan 20171,04649.413.42$3,576
Dec 20161,06848.763.72$3,976
Nov 20161,08042.492.64$2,856
Oct 20161,13646.193.09$3,511
Sep 20161,08641.553.10$3,367
Aug 20161,02341.442.92$2,992
Jul 20161,21541.622.92$3,553
Jun 20161,18945.352.69$3,193
May 20161,19542.521.99$2,379
Apr 20161,18836.561.99$2,365
Mar 20161,26933.011.79$2,277
Feb 20161,14526.472.06$2,363
Jan 20161,29027.352.36$3,050
Dec 20151,13832.362.00$2,278
Nov 20151,23938.792.17$2,685
Oct 20151,28843.552.43$3,125
Sep 20151,33942.992.76$3,694
Aug 20151,39540.162.87$4,007
Jul 20151,38448.152.95$4,076
Jun 20151,39556.152.88$4,022
May 201588755.212.96$2,621
Apr 20151,26749.822.71$3,429
Mar 20151,53642.892.93$4,508
Feb 20151,56844.662.98$4,667
Jan 20151,80643.433.10$5,600
Dec 20142,11354.693.59$7,589
Nov 20142,14370.464.25$9,112
Oct 2014078.303.90$0
Sep 2014086.164.05$0
Aug 20141,20289.394.04$4,850
Jul 20141,99296.564.18$8,326
Jun 2014098.164.74$0
May 2014094.734.73$0
Apr 2014095.944.81$0
Mar 2014095.895.06$0
Feb 2014097.406.19$0
Jan 2014090.404.86$0
Dec 2013091.824.35$0
Nov 2013088.853.74$0
Oct 2013097.423.78$0
Sep 20130104.113.72$0
Aug 20130104.253.52$0
Jul 20130102.523.72$0
Jun 2013094.403.93$0
May 2013094.834.15$0
Apr 2013093.964.28$0
Mar 2013093.623.91$0
Feb 2013091.233.42$0
Jan 2013091.603.42$0
Dec 2012086.773.42$0
Nov 2012086.953.62$0
Oct 2012089.383.40$0
Sep 2012094.672.92$0
Aug 2012092.662.91$0
Jul 2012085.133.02$0
Jun 2012079.822.52$0
May 2012091.612.49$0
Apr 20120101.652.00$0
Mar 20120105.052.22$0
Feb 20120101.102.57$0
Jan 2012098.092.73$0
Dec 2011096.873.24$0
Nov 2011095.723.31$0
Oct 2011084.983.65$0
Sep 2011083.623.99$0
Aug 2011083.404.15$0
Jul 2011094.144.52$0
Jun 2011092.904.64$0
May 2011098.134.40$0
Apr 20110105.964.33$0
Mar 2011096.364.06$0
Feb 2011085.644.18$0
Jan 2011086.504.59$0
Dec 2010085.734.35$0
Nov 2010080.843.80$0
Oct 2010078.103.51$0
Sep 2010072.633.98$0
Aug 2010073.684.42$0
Jul 2010072.554.74$0
Jun 2010070.364.91$0
May 2010071.124.24$0
Apr 2010081.694.12$0
Mar 2010078.394.39$0
Feb 2010073.585.44$0
Jan 2010074.365.96$0
Dec 2009071.445.48$0
Nov 2009074.593.75$0
Oct 2009072.544.11$0
Sep 2009065.543.06$0
Aug 2009067.423.22$0
Jul 2009061.133.46$0
Jun 2009066.163.90$0
May 2009054.743.93$0
Apr 2009046.773.59$0
Mar 2009042.144.06$0
Feb 2009032.814.63$0
Jan 2009035.865.37$0
Dec 2008037.105.98$0
Nov 2008055.496.86$0
Oct 2008075.246.92$0
Sep 20080101.767.88$0
Aug 20080114.228.48$0
Jul 20080131.0811.39$0
Jun 20080131.3313.03$0
May 20080123.1711.57$0
Apr 20080110.3110.45$0
Mar 20080101.909.66$0
Feb 2008092.538.77$0
Jan 2008090.388.21$0
Dec 2007088.337.30$0
Nov 2007091.677.29$0
Oct 2007082.856.92$0
Sep 2007075.846.24$0
Aug 2007069.066.39$0
Jul 2007070.906.39$0
Jun 2007062.007.55$0
May 2007058.747.85$0
Apr 2007059.617.81$0
Mar 2007056.927.30$0
Feb 2007055.108.22$0
Jan 2007050.306.73$0
Dec 2006056.656.92$0
Nov 2006054.207.62$0
Oct 2006054.906.01$0
Sep 2006060.085.04$0
Aug 2006068.717.34$0
Jul 2006069.376.34$0
Jun 2006066.286.38$0
May 2006066.016.42$0
Apr 2006064.397.36$0
Mar 2006056.707.08$0
Feb 2006057.597.75$0
Jan 2006060.598.93$0
Dec 2005054.9413.42$0
Nov 2005054.6910.59$0
Oct 2005058.3413.80$0
Sep 2005061.4512.08$0
Aug 2005061.519.80$0
Jul 2005055.697.84$0
Jun 2005052.337.38$0
May 2005045.226.65$0
Apr 2005049.207.36$0
Mar 2005050.377.15$0
Feb 2005045.226.31$0
Jan 2005043.166.32$0
Dec 2004039.866.75$0
Nov 2004045.286.33$0
Oct 2004049.706.52$0
Sep 2004043.245.28$0
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 2004032.455.51$0
Jan 2004032.036.30$0
Dec 2003030.266.30$0
Nov 2003028.804.60$0
Oct 2003028.174.76$0
Sep 2003026.314.75$0
Aug 2003029.765.13$0
Jul 2003029.415.17$0
Jun 2003028.565.98$0
May 2003026.595.97$0
Apr 2003026.675.41$0
Mar 2003031.146.10$0
Feb 2003033.487.93$0
Jan 2003030.315.58$0
Dec 2002026.914.85$0
Nov 2002024.664.14$0
Oct 2002026.464.23$0
Sep 2002027.443.64$0
Aug 2002025.963.16$0
Jul 2002024.583.06$0
Jun 2002023.733.34$0
May 2002024.663.58$0
Apr 2002023.653.51$0
Mar 2002022.003.10$0
Feb 2002018.222.38$0
Jan 2002017.172.38$0
Dec 2001016.932.36$0
Nov 2001018.072.41$0
Oct 2001019.782.53$0
Sep 2001024.262.25$0
Aug 2001024.873.05$0
Jul 2001023.933.20$0
Jun 2001024.563.82$0
May 2001025.524.31$0
Apr 2001024.685.34$0
Mar 2001024.545.38$0
Feb 2001027.755.77$0
Jan 2001027.478.40$0
Dec 2000026.889.12$0
Nov 2000032.215.66$0
Oct 2000031.235.15$0
Sep 2000031.875.19$0
Aug 2000029.644.54$0
Jul 2000028.534.09$0
Jun 2000029.304.40$0
May 2000027.263.68$0
Apr 2000024.513.12$0
Mar 2000028.422.86$0
Feb 2000027.622.73$0
Jan 2000025.272.48$0
Dec 1999024.282.42$0
Nov 1999023.192.43$0
Oct 1999020.982.80$0
Sep 1999021.752.62$0
Aug 1999019.262.88$0
Jul 1999017.892.37$0
Jun 1999015.942.36$0
May 1999015.792.32$0
Apr 1999015.102.21$0
Mar 1999012.471.84$0
Feb 199909.981.82$0
Jan 1999010.381.90$0
Dec 199809.201.77$0
Nov 1998010.892.19$0
Oct 1998012.421.97$0
Sep 1998012.592.08$0
Aug 1998011.301.91$0
Jul 1998011.742.24$0
Jun 1998011.242.24$0
May 1998012.622.21$0
Apr 1998013.042.51$0
Mar 1998012.802.31$0
Feb 1998013.952.30$0
Jan 1998014.702.15$0
Dec 1997016.322.41$0
Nov 1997018.193.09$0
Oct 1997019.253.15$0
Sep 1997017.742.95$0
Aug 1997017.862.55$0
Jul 1997017.582.25$0
Jun 1997017.242.26$0
May 1997018.972.31$0
Apr 1997017.882.08$0
Mar 1997018.951.94$0
Feb 1997020.492.21$0
Jan 19972,20023.483.54$7,787
Dec 19963,51223.32$0
Nov 19963,27221.97$0
Oct 19964,11923.31$0
Sep 19963,39522.22$0
Aug 19963,17120.26$0
Jul 19964,53019.55$0
Jun 19964,57218.73$0
May 19964,29419.43$0
Apr 19964,46021.51$0
Mar 19964,43419.38$0
Feb 19964,45516.98$0
Jan 19964,54317.07$0
Dec 19954,45217.19$0
Nov 19954,43516.00$0
Oct 19954,56415.43$0
Sep 19954,34216.18$0
Aug 19954,91315.92$0
Jul 19954,89615.24$0
Jun 19954,45616.41$0
May 19954,50217.56$0
Apr 19955,32717.73$0
Mar 19955,27416.44$0
Feb 19953,54716.58$0
Jan 19954,49015.92$0
Dec 19945,03915.03$0
Nov 19944,85515.90$0
Oct 19945,55315.58$0
Sep 19944,91015.29$0
Aug 19945,71016.13$0
Jul 19945,57417.56$0
Jun 19945,41517.09$0
May 19943,84615.88$0
Apr 19943,74714.14$0
Mar 19945,39512.46$0
Feb 19944,96912.50$0
Jan 19945,36912.66$0
Dec 19935,51912.33$0
Nov 19935,30814.49$0
Oct 19935,45015.85$0
Sep 19935,50415.03$0
Aug 19935,84615.66$0
Jul 19936,19815.46$0
Jun 19935,09916.79$0
May 19935,97517.68$0
Apr 19936,27218.05$0
Mar 19936,36518.14$0
Feb 19935,95617.90$0
Jan 19936,15316.93$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                  476 Mcf  × $  2.87 =     $1,366

────────────────────────────────────────────────────
Month total                                   $1,366

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/23485 is the state's own key, not one this site invented.