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 23488District 10Field 68831001GasSaveExport
Value, all time
$890 k
Jan 1993 – May 2026
Value, last 12 filed months
$12 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
GasProduction777,075 Mcf$889,706
Total$889,706

483,672 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 35.6673, -101.7352. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.66729, -101.73516 · 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

42-34100356A 10

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 202645898.932.87$1,314
Mar 202681489.753.15$2,564
Feb 202616063.503.75$600
Jan 202637159.138.00$2,967
Dec 2025056.664.41$0
Nov 202520858.593.93$817
Oct 202544959.383.30$1,484
Sep 202529562.743.08$908
Aug 202552063.933.01$1,568
Jul 2025066.743.32$0
Jun 2025066.483.13$0
May 2025060.553.23$0
Apr 2025062.363.54$0
Mar 2025067.704.27$0
Feb 202526570.884.34$1,150
Jan 20256674.324.28$282
Dec 20243068.993.12$94
Nov 202463969.052.20$1,405
Oct 202476771.372.28$1,750
Sep 202451969.612.36$1,227
Aug 202489075.632.06$1,837
Jul 202493979.932.15$2,016
Jun 202484978.082.63$2,236
May 202487778.812.20$1,928
Apr 20241,03384.451.66$1,714
Mar 202491780.301.55$1,417
Feb 202481976.091.78$1,461
Jan 202494373.023.30$3,110
Dec 202345871.262.61$1,196
Nov 20231,20077.892.81$3,369
Oct 20231,27185.443.09$3,924
Sep 20231,28089.042.74$3,501
Aug 20231,33980.522.67$3,579
Jul 20231,25974.852.64$3,326
Jun 20231,30968.962.26$2,956
May 20231,43570.622.23$3,196
Apr 20231,40178.122.24$3,135
Mar 20231,50072.852.39$3,590
Feb 20231,24675.112.47$3,072
Jan 20231,55776.533.39$5,275
Dec 20221,65476.415.73$9,476
Nov 20221,10785.005.65$6,250
Oct 20221,33387.185.86$7,816
Sep 20221,44584.888.16$11,797
Aug 20221,49994.529.13$13,682
Jul 20221,583101.587.54$11,939
Jun 20221,563115.097.98$12,468
May 20221,665109.378.43$14,041
Apr 2022339104.226.84$2,318
Mar 2022246108.885.08$1,249
Feb 20221,05591.054.86$5,126
Jan 20221,22581.844.54$5,559
Dec 20211,27571.323.90$4,971
Nov 20211,24977.435.24$6,541
Oct 20211,26179.795.71$7,205
Sep 20211,26369.865.35$6,758
Aug 20211,46066.024.22$6,162
Jul 20211,52270.783.98$6,061
Jun 20211,47769.493.38$4,993
May 20211,71263.483.02$5,166
Apr 202147460.362.76$1,307
Mar 202185861.302.72$2,331
Feb 202127257.805.55$1,509
Jan 202172650.412.81$2,040
Dec 20201,05744.642.68$2,828
Nov 202074238.772.71$2,008
Oct 20201,03136.972.48$2,555
Sep 20201,12837.091.99$2,246
Aug 20201,04239.982.39$2,485
Jul 20201,21438.371.83$2,216
Jun 20201,06434.901.69$1,798
May 20201,10016.921.81$1,996
Apr 20201,33814.751.80$2,414
Mar 20201,44530.341.86$2,682
Feb 20201,34249.881.98$2,658
Jan 20201,48257.252.09$3,104
Dec 20191,28059.012.30$2,950
Nov 20191,47755.302.75$4,063
Oct 20191,51953.472.42$3,674
Sep 20191,54855.052.66$4,113
Aug 20191,55853.112.30$3,590
Jul 20191,51856.272.46$3,734
Jun 20191,45552.782.49$3,625
May 20191,64458.482.74$4,505
Apr 20191,55662.632.75$4,280
Mar 20191,61456.803.06$4,942
Feb 20191,50350.852.79$4,197
Jan 20191,70946.033.23$5,517
Dec 2018046.594.19$0
Nov 2018052.934.24$0
Oct 20181,73761.443.40$5,902
Sep 20181,73359.543.11$5,386
Aug 20181,72959.403.07$5,302
Jul 20181,83865.142.93$5,389
Jun 20181,80760.183.08$5,560
May 20181,86765.382.90$5,416
Apr 20181,88563.842.90$5,468
Mar 201862961.222.79$1,753
Feb 20181,60861.782.77$4,448
Jan 20181,83362.874.01$7,349
Dec 20171,68157.272.92$4,911
Nov 20171,87955.423.12$5,859
Oct 201795649.292.98$2,852
Sep 20171,00747.523.09$3,109
Aug 20171,34945.373.00$4,053
Jul 201760643.873.09$1,871
Jun 20171,36542.493.09$4,214
May 20171,87245.373.26$6,109
Apr 20171,80147.933.21$5,784
Mar 20171,81146.772.98$5,403
Feb 20171,61850.452.95$4,777
Jan 20171,85449.413.42$6,338
Dec 20161,75348.763.72$6,526
Nov 20161,85542.492.64$4,905
Oct 20162,10646.193.09$6,508
Sep 201639841.553.10$1,234
Aug 20161,81341.442.92$5,302
Jul 20162,03541.622.92$5,951
Jun 20161,90845.352.69$5,125
May 20162,03442.521.99$4,050
Apr 20161,96336.561.99$3,908
Mar 20162,06733.011.79$3,708
Feb 20161,87026.472.06$3,859
Jan 20162,01027.352.36$4,752
Dec 20152,02332.362.00$4,049
Nov 20152,01338.792.17$4,363
Oct 20152,18143.552.43$5,292
Sep 20152,14342.992.76$5,911
Aug 20152,22340.162.87$6,386
Jul 20152,33148.152.95$6,865
Jun 20151,46856.152.88$4,232
May 20151,54955.212.96$4,578
Apr 20152,05449.822.71$5,559
Mar 20152,17442.892.93$6,380
Feb 20151,91344.662.98$5,693
Jan 20152,28643.433.10$7,088
Dec 20142,32754.693.59$8,357
Nov 20142,15370.464.25$9,154
Oct 20141,91678.303.90$7,474
Sep 20142,30386.164.05$9,317
Aug 20141,79189.394.04$7,227
Jul 20142,45496.564.18$10,257
Jun 20142,21898.164.74$10,506
May 20143194.734.73$147
Apr 20142,17895.944.81$10,474
Mar 20141,88595.895.06$9,532
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 19973,88916.322.41$9,377
Nov 19978,84118.193.09$27,303
Oct 19978,96619.253.15$28,241
Sep 19978,51117.742.95$25,149
Aug 19979,48317.862.55$24,227
Jul 19979,73117.582.25$21,865
Jun 19979,03317.242.26$20,389
May 19979,07318.972.31$20,945
Apr 19979,49117.882.08$19,768
Mar 19978,96718.951.94$17,388
Feb 19979,28620.492.21$20,484
Jan 19979,52923.483.54$33,730
Dec 19969,08123.32$0
Nov 19969,65121.97$0
Oct 199610,32923.31$0
Sep 199610,02922.22$0
Aug 19969,87920.26$0
Jul 199612,05619.55$0
Jun 19969,90218.73$0
May 199610,45419.43$0
Apr 19969,71021.51$0
Mar 199610,15519.38$0
Feb 19968,17316.98$0
Jan 19969,02217.07$0
Dec 19958,45917.19$0
Nov 19955,62916.00$0
Oct 19959,66515.43$0
Sep 19955,97016.18$0
Aug 19957,67115.92$0
Jul 19958,67215.24$0
Jun 19956,71016.41$0
May 19956,66517.56$0
Apr 19958,27117.73$0
Mar 199510,19616.44$0
Feb 19957,71816.58$0
Jan 19956,56915.92$0
Dec 19949,81015.03$0
Nov 19949,18715.90$0
Oct 199410,22515.58$0
Sep 199410,24915.29$0
Aug 199410,54516.13$0
Jul 199410,18817.56$0
Jun 199410,34517.09$0
May 199411,38215.88$0
Apr 19949,67014.14$0
Mar 199412,62412.46$0
Feb 199411,05212.50$0
Jan 199411,77012.66$0
Dec 199312,15412.33$0
Nov 199310,66914.49$0
Oct 199310,94915.85$0
Sep 199310,35015.03$0
Aug 199311,65515.66$0
Jul 199313,79815.46$0
Jun 19939,35116.79$0
May 199314,51217.68$0
Apr 199313,53518.05$0
Mar 199313,33618.14$0
Feb 199312,47317.90$0
Jan 199313,20716.93$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                  458 Mcf  × $  2.87 =     $1,314

────────────────────────────────────────────────────
Month total                                   $1,314

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/23488 is the state's own key, not one this site invented.