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 23487District 10Field 68831001GasSaveExport
Value, all time
$4.4 M
Jan 1993 – May 2026
Value, last 12 filed months
$42 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
GasProduction1,519,682 Mcf$4,392,514
Total$4,392,514

501,280 Mcf of this lease's gas, across 47 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 35.6087, -101.7619. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.60871, -101.76192 · 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
2,199 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 2,199 ft.

Completions filed
Apr 2005
1 of 1 wells

1 well

42-37500217A 92,199 ftApr 2005

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 20261,25298.932.87$3,593
Mar 20261,06789.753.15$3,360
Feb 202657163.503.75$2,141
Jan 202681159.138.00$6,486
Dec 202593756.664.41$4,135
Nov 20251,20858.593.93$4,743
Oct 20251,16659.383.30$3,853
Sep 20251,24662.743.08$3,834
Aug 20251,02563.933.01$3,090
Jul 20251,06866.743.32$3,541
Jun 20251,04366.483.13$3,263
May 20251,34960.553.23$4,360
Apr 20251,18362.363.54$4,192
Mar 202577167.704.27$3,291
Feb 202550870.884.34$2,205
Jan 202572374.324.28$3,093
Dec 202495968.993.12$2,993
Nov 20241,32869.052.20$2,920
Oct 20241,53971.372.28$3,511
Sep 20241,58769.612.36$3,752
Aug 202448075.632.06$991
Jul 202439679.932.15$850
Jun 202445278.082.63$1,191
May 202456678.812.20$1,244
Apr 202455084.451.66$913
Mar 202465580.301.55$1,012
Feb 202459676.091.78$1,063
Jan 202452273.023.30$1,721
Dec 202365371.262.61$1,705
Nov 202371477.892.81$2,005
Oct 202371185.443.09$2,195
Sep 202363189.042.74$1,726
Aug 202367180.522.67$1,794
Jul 202340874.852.64$1,078
Jun 202375668.962.26$1,707
May 202378870.622.23$1,755
Apr 202379478.122.24$1,777
Mar 202376572.852.39$1,831
Feb 202364775.112.47$1,595
Jan 202380676.533.39$2,731
Dec 202278076.415.73$4,469
Nov 202286685.005.65$4,890
Oct 202290687.185.86$5,313
Sep 202284184.888.16$6,866
Aug 202289094.529.13$8,123
Jul 2022911101.587.54$6,871
Jun 2022870115.097.98$6,940
May 2022948109.378.43$7,995
Apr 2022928104.226.84$6,345
Mar 2022902108.885.08$4,579
Feb 202288791.054.86$4,310
Jan 202299481.844.54$4,510
Dec 20211,31671.323.90$5,131
Nov 20211,44577.435.24$7,567
Oct 20211,51679.795.71$8,662
Sep 20211,47769.865.35$7,903
Aug 20211,53766.024.22$6,487
Jul 20211,53470.783.98$6,109
Jun 20211,40769.493.38$4,757
May 20211,44063.483.02$4,345
Apr 20211,05760.362.76$2,916
Mar 20211,36461.302.72$3,706
Feb 202151857.805.55$2,874
Jan 202188050.412.81$2,473
Dec 20201,30044.642.68$3,478
Nov 20201,13538.772.71$3,072
Oct 202092936.972.48$2,302
Sep 202095437.091.99$1,899
Aug 202097239.982.39$2,318
Jul 20201,01638.371.83$1,854
Jun 202098534.901.69$1,665
May 20201,09916.921.81$1,994
Apr 202090114.751.80$1,626
Mar 202043430.341.86$806
Feb 202042549.881.98$842
Jan 202050557.252.09$1,058
Dec 2019059.012.30$0
Nov 20191,11055.302.75$3,053
Oct 20191,28753.472.42$3,113
Sep 201922455.052.66$595
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 20181,55661.443.40$5,287
Sep 20181,50359.543.11$4,671
Aug 20181,57959.403.07$4,842
Jul 20181,20765.142.93$3,539
Jun 20181,42460.183.08$4,382
May 20181,64565.382.90$4,772
Apr 20181,11163.842.90$3,223
Mar 201814261.222.79$396
Feb 201868661.782.77$1,898
Jan 201883962.874.01$3,364
Dec 20171,07357.272.92$3,135
Nov 20171,58355.423.12$4,936
Oct 201763149.292.98$1,883
Sep 201783047.523.09$2,562
Aug 20171,23645.373.00$3,713
Jul 201749643.873.09$1,531
Jun 201796542.493.09$2,979
May 201721245.373.26$692
Apr 20171,07047.933.21$3,436
Mar 20171,17646.772.98$3,509
Feb 201781550.452.95$2,406
Jan 201769149.413.42$2,362
Dec 20161,35448.763.72$5,041
Nov 20161,55042.492.64$4,099
Oct 20161,55546.193.09$4,805
Sep 20161,25241.553.10$3,882
Aug 201676741.442.92$2,243
Jul 20161,07641.622.92$3,147
Jun 20161,05245.352.69$2,825
May 20161,17142.521.99$2,332
Apr 20161,13136.561.99$2,252
Mar 20161,13433.011.79$2,034
Feb 201682026.472.06$1,692
Jan 20161,04227.352.36$2,464
Dec 201596332.362.00$1,927
Nov 20151,22038.792.17$2,644
Oct 20151,26443.552.43$3,067
Sep 20151,22542.992.76$3,379
Aug 20151,26940.162.87$3,645
Jul 20151,12748.152.95$3,319
Jun 20151,30956.152.88$3,774
May 20151,04255.212.96$3,080
Apr 20151,23049.822.71$3,329
Mar 201585742.892.93$2,515
Feb 201596744.662.98$2,878
Jan 201587143.433.10$2,701
Dec 20141,11354.693.59$3,997
Nov 20141,00070.464.25$4,252
Oct 20141,42078.303.90$5,539
Sep 201455186.164.05$2,229
Aug 201475289.394.04$3,034
Jul 20141,21696.564.18$5,082
Jun 20141,40798.164.74$6,665
May 20141,42894.734.73$6,750
Apr 20141,43295.944.81$6,887
Mar 20141,25995.895.06$6,367
Feb 20141,16197.406.19$7,189
Jan 20141,36990.404.86$6,654
Dec 20131,34991.824.35$5,874
Nov 20131,51588.853.74$5,663
Oct 20131,59897.423.78$6,039
Sep 20131,469104.113.72$5,461
Aug 20131,511104.253.52$5,323
Jul 20131,548102.523.72$5,755
Jun 20131,56094.403.93$6,136
May 20131,32094.834.15$5,477
Apr 20131,47893.964.28$6,330
Mar 20131,39193.623.91$5,443
Feb 20131,43891.233.42$4,918
Jan 20131,30391.603.42$4,456
Dec 20121,62086.773.42$5,541
Nov 20121,62386.953.62$5,883
Oct 20121,70189.383.40$5,783
Sep 20121,66494.672.92$4,856
Aug 20121,53192.662.91$4,452
Jul 20121,71285.133.02$5,172
Jun 20121,66179.822.52$4,184
May 20121,32391.612.49$3,292
Apr 20121,650101.652.00$3,295
Mar 20121,709105.052.22$3,798
Feb 20121,478101.102.57$3,799
Jan 20121,61598.092.73$4,416
Dec 20111,60296.873.24$5,190
Nov 20111,82695.723.31$6,046
Oct 20111,88284.983.65$6,867
Sep 20111,76683.623.99$7,039
Aug 20111,86883.404.15$7,751
Jul 20111,72894.144.52$7,806
Jun 20111,84192.904.64$8,542
May 20111,96598.134.40$8,655
Apr 20111,788105.964.33$7,748
Mar 20111,99896.364.06$8,107
Feb 20111,47585.644.18$6,165
Jan 20111,75486.504.59$8,049
Dec 20101,69885.734.35$7,382
Nov 20102,38680.843.80$9,056
Oct 20102,78678.103.51$9,776
Sep 20102,73172.633.98$10,868
Aug 20102,92773.684.42$12,935
Jul 20102,84972.554.74$13,494
Jun 20102,58670.364.91$12,698
May 20102,16971.124.24$9,186
Apr 20102,16381.694.12$8,917
Mar 20102,07678.394.39$9,111
Feb 20101,51473.585.44$8,240
Jan 20102,03574.365.96$12,137
Dec 20091,65771.445.48$9,087
Nov 20092,47974.593.75$9,300
Oct 20092,90072.544.11$11,920
Sep 20092,85765.543.06$8,756
Aug 20092,97667.423.22$9,578
Jul 20092,94861.133.46$10,213
Jun 20092,27566.163.90$8,861
May 20092,86654.743.93$11,251
Apr 20092,79246.773.59$10,016
Mar 20092,86542.144.06$11,629
Feb 20092,53832.814.63$11,759
Jan 20092,83935.865.37$15,248
Dec 20082,59237.105.98$15,493
Nov 20082,95055.496.86$20,238
Oct 20083,31675.246.92$22,953
Sep 20083,503101.767.88$27,593
Aug 20083,632114.228.48$30,810
Jul 20083,722131.0811.39$42,391
Jun 20083,625131.3313.03$47,243
May 20083,544123.1711.57$41,019
Apr 20083,191110.3110.45$33,361
Mar 20083,453101.909.66$33,370
Feb 20082,85892.538.77$25,066
Jan 20082,77490.388.21$22,763
Dec 20071,76888.337.30$12,910
Nov 20073,12491.677.29$22,779
Oct 20073,52082.856.92$24,365
Sep 20073,46375.846.24$21,624
Aug 20074,13269.066.39$26,395
Jul 20074,32670.906.39$27,634
Jun 20074,29762.007.55$32,436
May 20073,37358.747.85$26,466
Apr 20073,11259.617.81$24,290
Mar 20072,41056.927.30$17,598
Feb 20072,00855.108.22$16,498
Jan 20073,06650.306.73$20,625
Dec 20062,64856.656.92$18,320
Nov 20063,79954.207.62$28,939
Oct 20064,90854.906.01$29,516
Sep 20064,81360.085.04$24,244
Aug 20064,59168.717.34$33,698
Jul 20064,90269.376.34$31,092
Jun 20064,80766.286.38$30,687
May 20064,69766.016.42$30,178
Apr 20064,89364.397.36$36,015
Mar 20064,39756.707.08$31,144
Feb 20062,83057.597.75$21,936
Jan 20063,22360.598.93$28,792
Dec 20053,52554.9413.42$47,289
Nov 20054,84454.6910.59$51,290
Oct 20055,45258.3413.80$75,214
Sep 20055,72961.4512.08$69,201
Aug 20055,66761.519.80$55,519
Jul 20054,86555.697.84$38,159
Jun 2005152.337.38$7
May 20052,50345.226.65$16,648
Apr 20052,67249.207.36$19,667
Mar 2005050.377.15$0
Feb 2005045.226.31$0
Jan 2005043.166.32$0
Dec 200478639.866.75$5,306
Nov 20043,03445.286.33$19,206
Oct 20042,86649.706.52$18,672
Sep 20044,52743.245.28$23,920
Aug 20045,27542.375.55$29,280
Jul 20043,46338.286.08$21,070
Jun 200476536.106.43$4,921
May 20044,24537.486.49$27,569
Apr 20044,41834.475.86$25,883
Mar 20044,60034.365.53$25,439
Feb 20043,98832.455.51$21,972
Jan 20045,32432.036.30$33,539
Dec 20033,19730.266.30$20,146
Nov 20034,54028.804.60$20,862
Oct 20035,11428.174.76$24,341
Sep 20034,90626.314.75$23,300
Aug 20035,24129.765.13$26,885
Jul 20033,89629.415.17$20,146
Jun 20034,17128.565.98$24,955
May 20035,70726.595.97$34,086
Apr 20032,52826.675.41$13,670
Mar 20034,33931.146.10$26,451
Feb 20034,77033.487.93$37,806
Jan 20035,17030.315.58$28,859
Dec 20025,03726.914.85$24,448
Nov 20025,32624.664.14$22,033
Oct 20025,71926.464.23$24,186
Sep 20025,72527.443.64$20,812
Aug 20025,80825.963.16$18,377
Jul 20026,41224.583.06$19,632
Jun 20025,14023.733.34$17,159
May 20026,23024.663.58$22,328
Apr 20025,61223.653.51$19,711
Mar 20025,38722.003.10$16,714
Feb 20025,33518.222.38$12,674
Jan 20026,73317.172.38$15,995
Dec 20017,52316.932.36$17,787
Nov 20014,20618.072.41$10,118
Oct 20014,62519.782.53$11,696
Sep 20014,20524.262.25$9,467
Aug 20015,15724.873.05$15,745
Jul 20014,46423.933.20$14,272
Jun 20015,16124.563.82$19,736
May 20016,22325.524.31$26,804
Apr 20015,36324.685.34$28,613
Mar 20016,40824.545.38$34,452
Feb 20016,72827.755.77$38,801
Jan 20016,90427.478.40$57,985
Dec 20007,34026.889.12$66,959
Nov 20007,32832.215.66$41,462
Oct 20007,15231.235.15$36,801
Sep 20004,90231.875.19$25,424
Aug 20007,78729.644.54$35,359
Jul 20005,23828.534.09$21,422
Jun 20006,82629.304.40$30,016
May 20004,06827.263.68$14,969
Apr 20004,50824.513.12$14,047
Mar 20005,24228.422.86$14,991
Feb 20005,02127.622.73$13,690
Jan 20005,30625.272.48$13,162
Dec 19994,83724.282.42$11,724
Nov 19996,01723.192.43$14,645
Oct 19997,23820.982.80$20,293
Sep 19996,05921.752.62$15,868
Aug 19996,07219.262.88$17,461
Jul 19996,84617.892.37$16,241
Jun 19995,58615.942.36$13,195
May 19997,48415.792.32$17,371
Apr 19996,90615.102.21$15,249
Mar 19998,54012.471.84$15,699
Feb 19997,4769.981.82$13,590
Jan 19997,13610.381.90$13,558
Dec 19988,4429.201.77$14,970
Nov 19987,03710.892.19$15,381
Oct 19988,72012.421.97$17,172
Sep 19988,99712.592.08$18,737
Aug 19989,04111.301.91$17,244
Jul 19988,55711.742.24$19,144
Jun 19988,69911.242.24$19,462
May 19987,50612.622.21$16,561
Apr 19987,68613.042.51$19,256
Mar 19987,97112.802.31$18,409
Feb 19988,25813.952.30$18,986
Jan 19989,72714.702.15$20,960
Dec 19979,88116.322.41$23,824
Nov 19979,36818.193.09$28,931
Oct 19979,59119.253.15$30,210
Sep 19979,51117.742.95$28,104
Aug 19978,60617.862.55$21,986
Jul 199710,38017.582.25$23,323
Jun 199710,07517.242.26$22,741
May 19977,81018.972.31$18,029
Apr 199710,10517.882.08$21,046
Mar 19979,46818.951.94$18,360
Feb 199710,19520.492.21$22,489
Jan 199710,64023.483.54$37,662
Dec 199611,42423.32$0
Nov 199610,70121.97$0
Oct 199612,56923.31$0
Sep 199612,97522.22$0
Aug 19966,71420.26$0
Jul 199610,88819.55$0
Jun 199612,82118.73$0
May 199613,55719.43$0
Apr 199613,41421.51$0
Mar 199613,67419.38$0
Feb 199612,11916.98$0
Jan 199610,24517.07$0
Dec 199512,29717.19$0
Nov 199512,70716.00$0
Oct 199511,73215.43$0
Sep 199513,53716.18$0
Aug 199514,77715.92$0
Jul 199512,97015.24$0
Jun 19958,83016.41$0
May 19958,49317.56$0
Apr 19958,76317.73$0
Mar 19958,05816.44$0
Feb 19957,85616.58$0
Jan 19956,17715.92$0
Dec 19947,26615.03$0
Nov 199410,63215.90$0
Oct 199413,47015.58$0
Sep 199414,03315.29$0
Aug 199414,00016.13$0
Jul 199414,66717.56$0
Jun 199410,49617.09$0
May 19947,95915.88$0
Apr 19949,34414.14$0
Mar 19949,07312.46$0
Feb 19949,99212.50$0
Jan 19948,93412.66$0
Dec 199311,33912.33$0
Nov 199313,88914.49$0
Oct 199317,26715.85$0
Sep 199310,32115.03$0
Aug 19939,30915.66$0
Jul 1993015.46$0
Jun 19936,33116.79$0
May 19939,38017.68$0
Apr 19939,69418.05$0
Mar 19937,35018.14$0
Feb 19936,16017.90$0
Jan 19933,07616.93$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                1,252 Mcf  × $  2.87 =     $3,593

────────────────────────────────────────────────────
Month total                                   $3,593

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/23487 is the state's own key, not one this site invented.