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 23486District 10Field 68831001NGPA filingGasSaveExport
Value, all time
$6.7 M
Jan 1993 – May 2026
Value, last 12 filed months
$59 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
GasProduction1,876,840 Mcf$6,700,369
Total$6,700,369

329,359 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 35.6817, -101.7208. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.68174, -101.72084 · 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
3,000 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 3,000 ft.

Completions filed
Dec 1999
1 of 1 wells

1 well

42-34100329A 73,000 ftDec 1999

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 202690298.932.87$2,588
Mar 202697489.753.15$3,068
Feb 202694463.503.75$3,540
Jan 20261,30659.138.00$10,445
Dec 20251,27656.664.41$5,631
Nov 20251,50358.593.93$5,901
Oct 20251,68159.383.30$5,555
Sep 20251,54062.743.08$4,738
Aug 20251,63163.933.01$4,917
Jul 20251,86566.743.32$6,183
Jun 20251,91166.483.13$5,979
May 20251,77160.553.23$5,724
Apr 20251,89662.363.54$6,718
Mar 20251,67067.704.27$7,128
Feb 20251,80870.884.34$7,848
Jan 20252,09974.324.28$8,981
Dec 20242,21568.993.12$6,914
Nov 20242,23469.052.20$4,911
Oct 20242,38771.372.28$5,446
Sep 20242,32369.612.36$5,492
Aug 20242,36675.632.06$4,883
Jul 20242,43779.932.15$5,231
Jun 20242,39278.082.63$6,300
May 20242,39778.812.20$5,270
Apr 20242,41084.451.66$3,999
Mar 20242,51280.301.55$3,881
Feb 20242,37676.091.78$4,238
Jan 20242,58973.023.30$8,538
Dec 20232,72471.262.61$7,112
Nov 20232,70377.892.81$7,589
Oct 20232,84285.443.09$8,774
Sep 20232,86989.042.74$7,847
Aug 20232,99580.522.67$8,005
Jul 20232,95374.852.64$7,801
Jun 20233,05268.962.26$6,893
May 20233,13370.622.23$6,978
Apr 20233,08978.122.24$6,912
Mar 20232,99872.852.39$7,175
Feb 20233,28975.112.47$8,110
Jan 20231,09776.533.39$3,716
Dec 20221,56676.415.73$8,972
Nov 20221,66985.005.65$9,424
Oct 20221,21487.185.86$7,119
Sep 202298084.888.16$8,000
Aug 202280294.529.13$7,320
Jul 20222,311101.587.54$17,430
Jun 20222,669115.097.98$21,291
May 20222,805109.378.43$23,655
Apr 20222,793104.226.84$19,097
Mar 20222,624108.885.08$13,320
Feb 20222,37191.054.86$11,520
Jan 20222,60081.844.54$11,798
Dec 20212,85071.323.90$11,112
Nov 20212,70877.435.24$14,181
Oct 20212,82779.795.71$16,153
Sep 20212,78069.865.35$14,876
Aug 20212,82866.024.22$11,936
Jul 20212,90870.783.98$11,580
Jun 20212,83069.493.38$9,567
May 20212,96963.483.02$8,959
Apr 20211,68860.362.76$4,656
Mar 20213,01461.302.72$8,189
Feb 20211,46157.805.55$8,106
Jan 20212,79050.412.81$7,841
Dec 20202,83244.642.68$7,577
Nov 20202,65738.772.71$7,191
Oct 20202,70836.972.48$6,712
Sep 20202,92337.091.99$5,820
Aug 20203,03339.982.39$7,234
Jul 20203,04338.371.83$5,554
Jun 20202,94834.901.69$4,983
May 20203,10416.921.81$5,633
Apr 20203,02114.751.80$5,451
Mar 20202,91430.341.86$5,409
Feb 20202,07949.881.98$4,118
Jan 20202,70257.252.09$5,660
Dec 2019059.012.30$0
Nov 20193,04155.302.75$8,365
Oct 20193,08053.472.42$7,449
Sep 20193,00255.052.66$7,977
Aug 2019053.112.30$0
Jul 20192,99956.272.46$7,378
Jun 20192,92552.782.49$7,287
May 20193,26958.482.74$8,958
Apr 20192,83862.632.75$7,806
Mar 20192,13356.803.06$6,531
Feb 2019050.852.79$0
Jan 2019046.033.23$0
Dec 2018046.594.19$0
Nov 2018052.934.24$0
Oct 20183,25861.443.40$11,071
Sep 20183,15159.543.11$9,793
Aug 20183,22659.403.07$9,893
Jul 20183,33865.142.93$9,787
Jun 20183,23660.183.08$9,957
May 20183,50065.382.90$10,153
Apr 20183,69363.842.90$10,713
Mar 20181,21161.222.79$3,375
Feb 20183,02761.782.77$8,373
Jan 20183,16662.874.01$12,694
Dec 20173,23157.272.92$9,439
Nov 20173,65555.423.12$11,398
Oct 20171,75949.292.98$5,248
Sep 20171,86247.523.09$5,749
Aug 20172,62445.373.00$7,884
Jul 20171,06143.873.09$3,276
Jun 20173,03942.493.09$9,382
May 20173,48445.373.26$11,370
Apr 20173,32247.933.21$10,669
Mar 20173,24946.772.98$9,694
Feb 20172,77450.452.95$8,191
Jan 20173,10049.413.42$10,598
Dec 20163,32548.763.72$12,378
Nov 20163,51042.492.64$9,282
Oct 20163,62046.193.09$11,187
Sep 201654841.553.10$1,699
Aug 20163,15841.442.92$9,235
Jul 20163,40441.622.92$9,954
Jun 20163,04445.352.69$8,176
May 20163,45042.521.99$6,869
Apr 20163,37836.561.99$6,726
Mar 20163,41633.011.79$6,128
Feb 20162,97226.472.06$6,133
Jan 20163,26827.352.36$7,727
Dec 20153,28832.362.00$6,581
Nov 20153,38938.792.17$7,345
Oct 20153,58843.552.43$8,707
Sep 20153,51442.992.76$9,693
Aug 20153,59740.162.87$10,332
Jul 20153,54548.152.95$10,440
Jun 20153,65556.152.88$10,537
May 20153,11155.212.96$9,194
Apr 20153,79149.822.71$10,261
Mar 20152,15242.892.93$6,316
Feb 20152,74544.662.98$8,170
Jan 20153,47443.433.10$10,772
Dec 20143,67454.693.59$13,195
Nov 20143,37670.464.25$14,354
Oct 20143,38578.303.90$13,205
Sep 20143,36686.164.05$13,617
Aug 20142,68489.394.04$10,830
Jul 20143,68096.564.18$15,381
Jun 20143,51498.164.74$16,645
May 20143,66094.734.73$17,299
Apr 20143,56895.944.81$17,159
Mar 20143,63995.895.06$18,402
Feb 20143,17597.406.19$19,660
Jan 20143,51290.404.86$17,071
Dec 20133,54691.824.35$15,441
Nov 20133,88488.853.74$14,519
Oct 20134,12197.423.78$15,575
Sep 20134,031104.113.72$14,986
Aug 20134,205104.253.52$14,813
Jul 20134,182102.523.72$15,548
Jun 20134,25894.403.93$16,748
May 20133,71694.834.15$15,418
Apr 20133,73193.964.28$15,978
Mar 20131,92793.623.91$7,540
Feb 20132,71091.233.42$9,268
Jan 20133,77391.603.42$12,903
Dec 20124,12186.773.42$14,094
Nov 20124,06786.953.62$14,743
Oct 20124,28789.383.40$14,574
Sep 20124,17094.672.92$12,170
Aug 20124,25492.662.91$12,371
Jul 20124,35085.133.02$13,140
Jun 20124,14279.822.52$10,434
May 20123,25291.612.49$8,092
Apr 20124,139101.652.00$8,265
Mar 20123,839105.052.22$8,531
Feb 20123,714101.102.57$9,546
Jan 20123,99798.092.73$10,928
Dec 20114,05096.873.24$13,121
Nov 20114,16495.723.31$13,788
Oct 20114,44784.983.65$16,225
Sep 20114,35583.623.99$17,358
Aug 20114,57183.404.15$18,967
Jul 20114,02194.144.52$18,164
Jun 20114,42492.904.64$20,527
May 20114,66298.134.40$20,535
Apr 20114,291105.964.33$18,594
Mar 20114,17896.364.06$16,952
Feb 20113,63785.644.18$15,203
Jan 20114,04586.504.59$18,562
Dec 20103,44285.734.35$14,965
Nov 20104,41180.843.80$16,741
Oct 20104,61878.103.51$16,204
Sep 20104,55772.633.98$18,134
Aug 20104,70473.684.42$20,789
Jul 20104,90572.554.74$23,232
Jun 20104,14870.364.91$20,368
May 20104,46871.124.24$18,923
Apr 20104,63681.694.12$19,113
Mar 20104,48978.394.39$19,701
Feb 20103,81073.585.44$20,735
Jan 20104,76174.365.96$28,395
Dec 20094,97871.445.48$27,298
Nov 20095,12274.593.75$19,215
Oct 20095,21672.544.11$21,439
Sep 20095,35365.543.06$16,406
Aug 200934067.423.22$1,094
Jul 200966861.133.46$2,314
Jun 20091,38166.163.90$5,379
May 20091,96354.743.93$7,706
Apr 20092,82246.773.59$10,124
Mar 20093,60542.144.06$14,633
Feb 20093,48532.814.63$16,146
Jan 20093,93535.865.37$21,135
Dec 20084,12937.105.98$24,680
Nov 20082,30755.496.86$15,827
Oct 20084,06575.246.92$28,138
Sep 20084,074101.767.88$32,091
Aug 20083,598114.228.48$30,522
Jul 20083,616131.0811.39$41,184
Jun 20083,461131.3313.03$45,106
May 20083,411123.1711.57$39,480
Apr 20083,411110.3110.45$35,662
Mar 20083,420101.909.66$33,051
Feb 20083,28592.538.77$28,811
Jan 20083,56490.388.21$29,245
Dec 20073,78388.337.30$27,623
Nov 20073,96991.677.29$28,941
Oct 20074,18782.856.92$28,982
Sep 20074,04275.846.24$25,239
Aug 20074,23969.066.39$27,078
Jul 20074,03070.906.39$25,743
Jun 20073,99362.007.55$30,141
May 20073,52458.747.85$27,650
Apr 20072,89259.617.81$22,573
Mar 20073,24356.927.30$23,680
Feb 20073,82955.108.22$31,459
Jan 20073,88050.306.73$26,100
Dec 20064,76956.656.92$32,994
Nov 20065,17054.207.62$39,382
Oct 20065,46254.906.01$32,847
Sep 20065,51760.085.04$27,790
Aug 20065,44868.717.34$39,988
Jul 20065,84269.376.34$37,054
Jun 20065,65866.286.38$36,120
May 20065,79166.016.42$37,207
Apr 20065,44864.397.36$40,100
Mar 20064,81256.707.08$34,083
Feb 20064,19457.597.75$32,508
Jan 20065,22360.598.93$46,659
Dec 20055,78354.9413.42$77,581
Nov 20056,44854.6910.59$68,274
Oct 20056,79658.3413.80$93,756
Sep 20057,03961.4512.08$85,024
Aug 20054,41261.519.80$43,224
Jul 2005055.697.84$0
Jun 2005052.337.38$0
May 20052,60645.226.65$17,333
Apr 20055,67549.207.36$41,771
Mar 20056,39550.377.15$45,755
Feb 20052,23245.226.31$14,088
Jan 20055,10343.166.32$32,262
Dec 20046,28539.866.75$42,431
Nov 20046,52645.286.33$41,312
Oct 20046,70849.706.52$43,703
Sep 20046,98543.245.28$36,908
Aug 20047,13442.375.55$39,598
Jul 20044,65338.286.08$28,310
Jun 20044,11136.106.43$26,446
May 20044,37437.486.49$28,407
Apr 20044,79834.475.86$28,109
Mar 20044,25634.365.53$23,536
Feb 20044,06532.455.51$22,397
Jan 20044,42832.036.30$27,895
Dec 20034,25730.266.30$26,826
Nov 20033,27128.804.60$15,031
Oct 20035,18228.174.76$24,664
Sep 20035,25126.314.75$24,939
Aug 20035,62829.765.13$28,870
Jul 20035,73829.415.17$29,670
Jun 20035,49628.565.98$32,882
May 20035,24826.595.97$31,345
Apr 20036,29226.675.41$34,023
Mar 20037,32531.146.10$44,653
Feb 20036,87233.487.93$54,467
Jan 20038,18630.315.58$45,695
Dec 20028,38826.914.85$40,713
Nov 20028,37224.664.14$34,635
Oct 20028,81726.464.23$37,288
Sep 20028,38827.443.64$30,492
Aug 20028,82225.963.16$27,914
Jul 20028,80624.583.06$26,962
Jun 20027,64423.733.34$25,518
May 20029,84424.663.58$35,281
Apr 20029,59023.653.51$33,683
Mar 200210,50822.003.10$32,603
Feb 20029,70218.222.38$23,049
Jan 200210,21017.172.38$24,256
Dec 200111,00516.932.36$26,020
Nov 200110,30818.072.41$24,796
Oct 200111,10819.782.53$28,091
Sep 200110,88124.262.25$24,497
Aug 200111,46024.873.05$34,989
Jul 200111,88623.933.20$38,000
Jun 200110,00224.563.82$38,249
May 200112,85325.524.31$55,362
Apr 200112,36024.685.34$65,945
Mar 200113,26224.545.38$71,302
Feb 200112,02327.755.77$69,338
Jan 200113,79827.478.40$115,886
Dec 200013,50126.889.12$123,163
Nov 200013,05432.215.66$73,860
Oct 200012,98431.235.15$66,809
Sep 200012,98331.875.19$67,336
Aug 200011,69929.644.54$53,122
Jul 200012,87928.534.09$52,672
Jun 200012,19729.304.40$53,633
May 200011,40727.263.68$41,975
Apr 200012,08824.513.12$37,666
Mar 200012,82528.422.86$36,676
Feb 200013,28627.622.73$36,224
Jan 200014,57025.272.48$36,141
Dec 19995,64224.282.42$13,675
Nov 1999023.192.43$0
Oct 19993,96020.982.80$11,103
Sep 19995,46421.752.62$14,309
Aug 19995,36319.262.88$15,422
Jul 19995,67617.892.37$13,466
Jun 19995,68115.942.36$13,419
May 19994,90415.792.32$11,382
Apr 19995,36415.102.21$11,844
Mar 19995,88712.471.84$10,822
Feb 19995,1269.981.82$9,318
Jan 19995,25910.381.90$9,992
Dec 19986,1169.201.77$10,846
Nov 19985,67210.892.19$12,397
Oct 19985,94912.421.97$11,715
Sep 19986,22512.592.08$12,964
Aug 19986,40811.301.91$12,222
Jul 19986,37111.742.24$14,254
Jun 19986,59511.242.24$14,755
May 19985,98612.622.21$13,207
Apr 19986,89613.042.51$17,277
Mar 19986,20912.802.31$14,339
Feb 19985,99213.952.30$13,776
Jan 19986,43914.702.15$13,875
Dec 19975,39716.322.41$13,013
Nov 19973,63518.193.09$11,226
Oct 19974,27919.253.15$13,478
Sep 19975,42217.742.95$16,021
Aug 19976,11217.862.55$15,615
Jul 19975,58517.582.25$12,549
Jun 19976,34117.242.26$14,313
May 19974,70818.972.31$10,868
Apr 19973,63317.882.08$7,567
Mar 19973,46118.951.94$6,711
Feb 19973,72920.492.21$8,226
Jan 19973,95523.483.54$14,000
Dec 19964,95923.32$0
Nov 19962,52521.97$0
Oct 19965,41423.31$0
Sep 19965,41922.22$0
Aug 19964,26720.26$0
Jul 19968,17419.55$0
Jun 19966,79818.73$0
May 19968,76919.43$0
Apr 19966,63621.51$0
Mar 19965,98719.38$0
Feb 19963,79416.98$0
Jan 19965,16517.07$0
Dec 19955,64817.19$0
Nov 19953,76716.00$0
Oct 19956,94715.43$0
Sep 19953,96316.18$0
Aug 19955,34215.92$0
Jul 19956,27115.24$0
Jun 19956,22016.41$0
May 19954,32917.56$0
Apr 19956,82617.73$0
Mar 19956,56616.44$0
Feb 19955,08516.58$0
Jan 19954,12815.92$0
Dec 19946,30215.03$0
Nov 19946,61615.90$0
Oct 19948,13815.58$0
Sep 19948,34015.29$0
Aug 19948,39516.13$0
Jul 19947,96917.56$0
Jun 19948,20517.09$0
May 19948,11115.88$0
Apr 19948,75314.14$0
Mar 19948,55912.46$0
Feb 19947,94312.50$0
Jan 19947,68012.66$0
Dec 19938,76112.33$0
Nov 19937,10014.49$0
Oct 19938,15815.85$0
Sep 19937,65015.03$0
Aug 19938,45915.66$0
Jul 199310,15815.46$0
Jun 19939,53616.79$0
May 199310,93617.68$0
Apr 19938,96018.05$0
Mar 19937,44418.14$0
Feb 19936,69517.90$0
Jan 19937,49216.93$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                  902 Mcf  × $  2.87 =     $2,588

────────────────────────────────────────────────────
Month total                                   $2,588

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/23486 is the state's own key, not one this site invented.