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 23489District 10Field 68831001GasSaveExport
Value, all time
$13.5 M
Jan 1993 – May 2026
Value, last 12 filed months
$184 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
GasProduction3,611,050 Mcf$13,452,281
Total$13,452,281

616,205 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 35.6626, -101.7243. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.66255, -101.72432 · 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
2,901 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 2,901 ft.

Completions filed
Aug 2000
1 of 1 wells

1 well

42-34100340A 112,901 ftAug 2000

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 20264,41398.932.87$12,664
Mar 20264,61889.753.15$14,544
Feb 20264,22463.503.75$15,841
Jan 20264,60959.138.00$36,862
Dec 20254,70856.664.41$20,778
Nov 20254,51458.593.93$17,724
Oct 20254,88059.383.30$16,128
Sep 20252,74762.743.08$8,452
Aug 20254,07863.933.01$12,294
Jul 20254,55966.743.32$15,114
Jun 20254,45966.483.13$13,951
May 20254,70360.553.23$15,202
Apr 20254,58962.363.54$16,259
Mar 20254,74867.704.27$20,266
Feb 20254,22670.884.34$18,344
Jan 20254,62874.324.28$19,802
Dec 20244,72668.993.12$14,752
Nov 20244,68569.052.20$10,300
Oct 20244,58871.372.28$10,467
Sep 20244,55269.612.36$10,763
Aug 20244,80375.632.06$9,912
Jul 20245,07279.932.15$10,888
Jun 20245,01978.082.63$13,220
May 20245,34678.812.20$11,753
Apr 20244,95384.451.66$8,218
Mar 20245,50280.301.55$8,501
Feb 20245,15476.091.78$9,193
Jan 20245,31373.023.30$17,520
Dec 20235,58271.262.61$14,573
Nov 20235,10277.892.81$14,324
Oct 20235,34685.443.09$16,505
Sep 20235,27489.042.74$14,425
Aug 20235,59880.522.67$14,963
Jul 20236,57474.852.64$17,367
Jun 20235,72968.962.26$12,939
May 20236,26570.622.23$13,955
Apr 20235,76078.122.24$12,890
Mar 20236,20172.852.39$14,840
Feb 20235,76475.112.47$14,212
Jan 20236,09976.533.39$20,662
Dec 20221,69876.415.73$9,728
Nov 20222,76485.005.65$15,606
Oct 20222,66587.185.86$15,627
Sep 20222,05784.888.16$16,793
Aug 20221,48994.529.13$13,590
Jul 20224,245101.587.54$32,016
Jun 20224,764115.097.98$38,003
May 20225,022109.378.43$42,351
Apr 20225,002104.226.84$34,202
Mar 20224,582108.885.08$23,260
Feb 20223,84791.054.86$18,692
Jan 20224,60081.844.54$20,873
Dec 20215,22371.323.90$20,365
Nov 20214,97677.435.24$26,059
Oct 20215,19579.795.71$29,684
Sep 20215,14469.865.35$27,525
Aug 20215,14566.024.22$21,715
Jul 20215,22270.783.98$20,794
Jun 20215,10869.493.38$17,268
May 20215,26963.483.02$15,900
Apr 20212,85260.362.76$7,867
Mar 20215,06761.302.72$13,767
Feb 20212,36357.805.55$13,110
Jan 20214,82750.412.81$13,565
Dec 20204,94444.642.68$13,227
Nov 20204,60738.772.71$12,469
Oct 20204,87336.972.48$12,077
Sep 20205,26037.091.99$10,473
Aug 20205,45339.982.39$13,006
Jul 20205,47038.371.83$9,983
Jun 20205,29034.901.69$8,942
May 20205,56716.921.81$10,103
Apr 20205,41414.751.80$9,769
Mar 20205,49430.341.86$10,198
Feb 20204,42549.881.98$8,764
Jan 20204,74557.252.09$9,940
Dec 20195,18959.012.30$11,957
Nov 20195,79055.302.75$15,927
Oct 20195,94853.472.42$14,385
Sep 20195,64855.052.66$15,008
Aug 20195,85253.112.30$13,485
Jul 20195,34256.272.46$13,142
Jun 20195,18952.782.49$12,927
May 20195,88758.482.74$16,132
Apr 20195,61962.632.75$15,456
Mar 20194,94856.803.06$15,151
Feb 20194,71250.852.79$13,157
Jan 20194,87946.033.23$15,750
Dec 2018046.594.19$0
Nov 2018052.934.24$0
Oct 20186,22761.443.40$21,160
Sep 20185,98959.543.11$18,614
Aug 20185,98459.403.07$18,350
Jul 20186,06265.142.93$17,773
Jun 20185,80760.183.08$17,868
May 20186,23065.382.90$18,072
Apr 20186,45663.842.90$18,728
Mar 20182,10061.222.79$5,852
Feb 20185,34261.782.77$14,777
Jan 20185,43362.874.01$21,783
Dec 20175,77357.272.92$16,866
Nov 20176,52055.423.12$20,332
Oct 20172,90249.292.98$8,659
Sep 20173,33747.523.09$10,302
Aug 20174,43545.373.00$13,325
Jul 20171,95743.873.09$6,042
Jun 20175,35442.493.09$16,529
May 20176,45345.373.26$21,059
Apr 20176,20447.933.21$19,925
Mar 20176,24146.772.98$18,621
Feb 20175,02850.452.95$14,846
Jan 20175,44249.413.42$18,605
Dec 20166,12448.763.72$22,799
Nov 20166,54742.492.64$17,313
Oct 20166,42046.193.09$19,839
Sep 201690141.553.10$2,794
Aug 20166,00841.442.92$17,569
Jul 20166,57041.622.92$19,213
Jun 20165,82445.352.69$15,642
May 20166,76042.521.99$13,459
Apr 20166,65736.561.99$13,254
Mar 20166,69833.011.79$12,016
Feb 20165,67926.472.06$11,719
Jan 20166,15827.352.36$14,560
Dec 20156,19532.362.00$12,399
Nov 20156,69838.792.17$14,517
Oct 20156,98343.552.43$16,945
Sep 20156,62642.992.76$18,277
Aug 20156,72540.162.87$19,318
Jul 20156,58348.152.95$19,387
Jun 20156,76156.152.88$19,491
May 20155,67755.212.96$16,778
Apr 20156,92849.822.71$18,751
Mar 20153,79642.892.93$11,140
Feb 20154,81744.662.98$14,336
Jan 20156,39243.433.10$19,819
Dec 20147,02354.693.59$25,222
Nov 20146,38970.464.25$27,165
Oct 20146,53478.303.90$25,489
Sep 20146,02786.164.05$24,382
Aug 20145,16589.394.04$20,841
Jul 20147,32196.564.18$30,599
Jun 20146,93298.164.74$32,836
May 20147,30094.734.73$34,504
Apr 20147,19595.944.81$34,602
Mar 20147,28695.895.06$36,844
Feb 20146,25597.406.19$38,731
Jan 20146,88390.404.86$33,456
Dec 20137,12991.824.35$31,043
Nov 20138,57088.853.74$32,037
Oct 20138,92997.423.78$33,746
Sep 20138,607104.113.72$31,999
Aug 20138,930104.253.52$31,457
Jul 20138,735102.523.72$32,474
Jun 20138,72594.403.93$34,319
May 20137,42594.834.15$30,807
Apr 20137,33093.964.28$31,391
Mar 20133,70593.623.91$14,497
Feb 20135,65591.233.42$19,340
Jan 20136,93991.603.42$23,731
Dec 20127,91686.773.42$27,074
Nov 20127,86686.953.62$28,514
Oct 20128,31789.383.40$28,275
Sep 20128,07694.672.92$23,569
Aug 20128,29092.662.91$24,109
Jul 20128,47685.133.02$25,604
Jun 20127,91679.822.52$19,941
May 20126,32991.612.49$15,749
Apr 20128,443101.652.00$16,859
Mar 20127,758105.052.22$17,239
Feb 20127,572101.102.57$19,462
Jan 20128,04298.092.73$21,987
Dec 20118,09396.873.24$26,219
Nov 20118,40195.723.31$27,818
Oct 20118,95084.983.65$32,654
Sep 20118,73583.623.99$34,816
Aug 20119,04083.404.15$37,510
Jul 20117,82794.144.52$35,356
Jun 20118,80592.904.64$40,854
May 20119,26198.134.40$40,793
Apr 20118,305105.964.33$35,988
Mar 20119,11996.364.06$36,999
Feb 20117,21285.644.18$30,146
Jan 20117,87986.504.59$36,155
Dec 20106,34485.734.35$27,582
Nov 20109,00880.843.80$34,188
Oct 20109,32178.103.51$32,706
Sep 20109,04372.633.98$35,986
Aug 20109,21873.684.42$40,738
Jul 20109,45672.554.74$44,788
Jun 20107,98170.364.91$39,190
May 20108,26171.124.24$34,987
Apr 20108,64081.694.12$35,620
Mar 20108,28278.394.39$36,347
Feb 20107,22773.585.44$39,332
Jan 20108,69474.365.96$51,852
Dec 20098,64071.445.48$47,380
Nov 20099,09174.593.75$34,105
Oct 20099,48572.544.11$38,986
Sep 20099,10365.543.06$27,898
Aug 200910,03567.423.22$32,298
Jul 200910,20061.133.46$35,338
Jun 20099,71666.163.90$37,844
May 200910,01454.743.93$39,312
Apr 20099,94246.773.59$35,667
Mar 200910,16542.144.06$41,260
Feb 20099,15132.814.63$42,397
Jan 20099,54835.865.37$51,282
Dec 20089,63937.105.98$57,614
Nov 20083,88955.496.86$26,680
Oct 20088,80575.246.92$60,948
Sep 200810,125101.767.88$79,756
Aug 20088,961114.228.48$76,016
Jul 20089,100131.0811.39$103,644
Jun 20088,797131.3313.03$114,648
May 20089,035123.1711.57$104,574
Apr 20088,872110.3110.45$92,756
Mar 20088,662101.909.66$83,710
Feb 20087,89192.538.77$69,209
Jan 20088,25690.388.21$67,747
Dec 20079,36688.337.30$68,390
Nov 20079,79991.677.29$71,451
Oct 200710,13482.856.92$70,147
Sep 20079,65175.846.24$60,262
Aug 20079,84969.066.39$62,915
Jul 20079,14570.906.39$58,418
Jun 20078,67862.007.55$65,505
May 20077,72358.747.85$60,597
Apr 20077,16359.617.81$55,909
Mar 20078,80156.927.30$64,265
Feb 20078,72355.108.22$71,668
Jan 20078,24250.306.73$55,443
Dec 200611,25756.656.92$77,881
Nov 200612,55854.207.62$95,660
Oct 200613,21454.906.01$79,466
Sep 200613,20260.085.04$66,501
Aug 200612,62368.717.34$92,652
Jul 200613,54269.376.34$85,894
Jun 200612,96266.286.38$82,748
May 200613,39766.016.42$86,076
Apr 200613,46364.397.36$99,094
Mar 200613,18656.707.08$93,395
Feb 200611,51457.597.75$89,246
Jan 200613,53360.598.93$120,895
Dec 200513,12554.9413.42$176,077
Nov 200514,43254.6910.59$152,812
Oct 200514,74758.3413.80$203,446
Sep 200514,73861.4512.08$178,020
Aug 20059,46161.519.80$92,688
Jul 2005055.697.84$0
Jun 2005052.337.38$0
May 20056,40545.226.65$42,601
Apr 200513,02449.207.36$95,863
Mar 200513,96250.377.15$99,896
Feb 200512,27545.226.31$77,479
Jan 200512,22743.166.32$77,302
Dec 200413,98039.866.75$94,380
Nov 200413,92345.286.33$88,138
Oct 200414,40949.706.52$93,876
Sep 200414,17543.245.28$74,899
Aug 200415,05242.375.55$83,549
Jul 200414,71238.286.08$89,510
Jun 200414,62136.106.43$94,057
May 200413,39537.486.49$86,995
Apr 200414,90834.475.86$87,338
Mar 200415,06534.365.53$83,312
Feb 200413,73632.455.51$75,680
Jan 200411,60332.036.30$73,095
Dec 200313,93230.266.30$87,794
Nov 200314,44828.804.60$66,391
Oct 200312,96128.174.76$61,690
Sep 200313,68826.314.75$65,009
Aug 200315,29429.765.13$78,454
Jul 200313,40729.415.17$69,325
Jun 200314,50028.565.98$86,753
May 200312,60326.595.97$75,274
Apr 200313,81426.675.41$74,696
Mar 200314,88031.146.10$90,709
Feb 200310,22233.487.93$81,018
Jan 200313,61930.315.58$76,022
Dec 200214,84126.914.85$72,035
Nov 200215,11624.664.14$62,534
Oct 200216,18926.464.23$68,465
Sep 200215,50927.443.64$56,378
Aug 200215,06125.963.16$47,655
Jul 200217,25524.583.06$52,831
Jun 200214,40023.733.34$48,071
May 200214,66824.663.58$52,570
Apr 200216,66823.653.51$58,543
Mar 200217,26222.003.10$53,559
Feb 200216,61618.222.38$39,474
Jan 200216,91217.172.38$40,178
Dec 200119,35016.932.36$45,751
Nov 200117,79618.072.41$42,809
Oct 200117,35519.782.53$43,889
Sep 200116,00324.262.25$36,028
Aug 200117,64824.873.05$53,882
Jul 200116,66023.933.20$53,263
Jun 200115,09124.563.82$57,710
May 200119,84125.524.31$85,462
Apr 200119,89524.685.34$106,146
Mar 200121,03024.545.38$113,067
Feb 200111,09027.755.77$63,957
Jan 200120,72227.478.40$174,039
Dec 200021,15226.889.12$192,959
Nov 200019,82432.215.66$112,164
Oct 200018,21931.235.15$93,746
Sep 200015,86731.875.19$82,294
Aug 200016,28429.644.54$73,942
Jul 2000028.534.09$0
Jun 20008,27829.304.40$36,400
May 20007,28927.263.68$26,822
Apr 20008,84724.513.12$27,567
Mar 20009,54728.422.86$27,302
Feb 20007,93827.622.73$21,643
Jan 20009,71325.272.48$24,093
Dec 19998,94924.282.42$21,690
Nov 19999,43923.192.43$22,974
Oct 19999,63120.982.80$27,003
Sep 19999,03221.752.62$23,653
Aug 19998,60819.262.88$24,753
Jul 19999,21917.892.37$21,871
Jun 19999,51115.942.36$22,466
May 19998,02115.792.32$18,617
Apr 19998,89915.102.21$19,649
Mar 199910,83312.471.84$19,915
Feb 19999,4939.981.82$17,256
Jan 19999,48410.381.90$18,019
Dec 199810,0849.201.77$17,882
Nov 19989,11310.892.19$19,918
Oct 19989,44512.421.97$18,599
Sep 19989,42512.592.08$19,629
Aug 19989,91611.301.91$18,913
Jul 19989,31311.742.24$20,836
Jun 19989,02511.242.24$20,191
May 19988,52112.622.21$18,800
Apr 19989,06413.042.51$22,708
Mar 19988,68612.802.31$20,060
Feb 19988,86513.952.30$20,382
Jan 199810,06514.702.15$21,688
Dec 199710,41316.322.41$25,107
Nov 199710,83218.193.09$33,452
Oct 199711,24119.253.15$35,407
Sep 199711,35117.742.95$33,541
Aug 199711,34617.862.55$28,986
Jul 199711,01517.582.25$24,750
Jun 199710,52917.242.26$23,766
May 199710,29218.972.31$23,759
Apr 199711,74517.882.08$24,462
Mar 199712,51418.951.94$24,266
Feb 199711,63220.492.21$25,659
Jan 199712,89223.483.54$45,634
Dec 199612,65023.32$0
Nov 199610,59621.97$0
Oct 199611,82023.31$0
Sep 199612,41022.22$0
Aug 199613,26920.26$0
Jul 199613,42719.55$0
Jun 199610,52218.73$0
May 199613,71119.43$0
Apr 199612,28321.51$0
Mar 199613,16919.38$0
Feb 199610,60116.98$0
Jan 199612,10117.07$0
Dec 19959,86817.19$0
Nov 19956,69816.00$0
Oct 199512,02615.43$0
Sep 19957,10616.18$0
Aug 19959,10215.92$0
Jul 199510,61915.24$0
Jun 19959,91716.41$0
May 19958,99217.56$0
Apr 199511,66117.73$0
Mar 199512,66816.44$0
Feb 19959,91716.58$0
Jan 19958,31615.92$0
Dec 199412,87015.03$0
Nov 199413,21415.90$0
Oct 199415,12415.58$0
Sep 199414,62415.29$0
Aug 199414,93916.13$0
Jul 199414,31217.56$0
Jun 199414,51717.09$0
May 199415,76315.88$0
Apr 199412,81014.14$0
Mar 199415,89712.46$0
Feb 199415,62812.50$0
Jan 199417,03112.66$0
Dec 199316,49012.33$0
Nov 199314,28114.49$0
Oct 199315,47215.85$0
Sep 199314,90215.03$0
Aug 199311,25515.66$0
Jul 19937,87615.46$0
Jun 19937,71816.79$0
May 199318,67117.68$0
Apr 199317,43018.05$0
Mar 199317,53118.14$0
Feb 199316,84317.90$0
Jan 199317,55816.93$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                4,413 Mcf  × $  2.87 =    $12,664

────────────────────────────────────────────────────
Month total                                  $12,664

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/23489 is the state's own key, not one this site invented.