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 23490District 10Field 68831001NGPA filingGasSaveExport
Value, all time
$18.7 M
Jan 1993 – May 2026
Value, last 12 filed months
$279 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
GasProduction5,278,910 Mcf$18,697,924
Total$18,697,924

953,641 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 35.6356, -101.7529. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.63564, -101.75290 · 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
2,852 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 2,852 ft.

Completions filed
Feb 2001
1 of 1 wells

1 well

42-34100520A 122,852 ftFeb 2001

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 20266,66998.932.87$19,138
Mar 20266,91189.753.15$21,766
Feb 20265,71663.503.75$21,437
Jan 20266,81059.138.00$54,466
Dec 20257,00856.664.41$30,929
Nov 20256,81458.593.93$26,755
Oct 20256,77559.383.30$22,390
Sep 20256,80862.743.08$20,948
Aug 20256,19663.933.01$18,679
Jul 20256,92366.743.32$22,951
Jun 20256,30866.483.13$19,736
May 20256,98060.553.23$22,562
Apr 20256,76562.363.54$23,969
Mar 20255,66367.704.27$24,172
Feb 20256,35570.884.34$27,586
Jan 20257,01874.324.28$30,028
Dec 20247,01768.993.12$21,903
Nov 20246,80469.052.20$14,958
Oct 20246,76771.372.28$15,438
Sep 20246,69269.612.36$15,822
Aug 20247,05475.632.06$14,557
Jul 20247,33079.932.15$15,735
Jun 20246,44878.082.63$16,984
May 20247,35478.812.20$16,167
Apr 20246,56784.451.66$10,896
Mar 20247,34480.301.55$11,347
Feb 20246,91576.091.78$12,334
Jan 20247,35473.023.30$24,251
Dec 20237,35971.262.61$19,212
Nov 20237,14477.892.81$20,057
Oct 20237,56285.443.09$23,346
Sep 20237,28789.042.74$19,930
Aug 20237,60680.522.67$20,330
Jul 20235,46474.852.64$14,435
Jun 20237,52168.962.26$16,986
May 20238,04370.622.23$17,915
Apr 20237,62778.122.24$17,067
Mar 20237,86172.852.39$18,813
Feb 20236,48975.112.47$16,000
Jan 20237,28076.533.39$24,663
Dec 20227,70476.415.73$44,137
Nov 20227,67285.005.65$43,318
Oct 20227,91087.185.86$46,382
Sep 20227,85484.888.16$64,118
Aug 20228,11194.529.13$74,030
Jul 20228,228101.587.54$62,056
Jun 20227,670115.097.98$61,185
May 20227,648109.378.43$64,496
Apr 20227,903104.226.84$54,038
Mar 20228,070108.885.08$40,967
Feb 20226,68191.054.86$32,462
Jan 20224,66881.844.54$21,182
Dec 20218,27971.323.90$32,281
Nov 20217,89277.435.24$41,329
Oct 20218,41379.795.71$48,071
Sep 20218,12669.865.35$43,482
Aug 20218,52666.024.22$35,985
Jul 20218,67870.783.98$34,556
Jun 20218,33469.493.38$28,174
May 20217,91263.483.02$23,876
Apr 20211,33260.362.76$3,674
Mar 2021061.302.72$0
Feb 20213,67157.805.55$20,367
Jan 20218,85250.412.81$24,877
Dec 20209,14044.642.68$24,454
Nov 20207,51538.772.71$20,340
Oct 20208,42836.972.48$20,888
Sep 20209,01837.091.99$17,955
Aug 20208,77039.982.39$20,917
Jul 20209,52638.371.83$17,386
Jun 20208,80634.901.69$14,885
May 20209,27716.921.81$16,835
Apr 20208,98614.751.80$16,214
Mar 20209,38730.341.86$17,424
Feb 20207,62949.881.98$15,111
Jan 20209,46357.252.09$19,823
Dec 20199,67659.012.30$22,297
Nov 20194,20355.302.75$11,561
Oct 20198,45153.472.42$20,439
Sep 20198,67555.052.66$23,052
Aug 20198,86353.112.30$20,424
Jul 20199,49356.272.46$23,353
Jun 20199,07552.782.49$22,608
May 20199,08358.482.74$24,890
Apr 20197,15562.632.75$19,681
Mar 20196,13356.803.06$18,780
Feb 20198,78150.852.79$24,518
Jan 201910,01746.033.23$32,337
Dec 2018046.594.19$0
Nov 2018052.934.24$0
Oct 20186,13761.443.40$20,854
Sep 20189,24159.543.11$28,721
Aug 20189,01359.403.07$27,639
Jul 20189,09165.142.93$26,654
Jun 20189,47360.183.08$29,148
May 201810,18465.382.90$29,542
Apr 20189,49063.842.90$27,529
Mar 20183,07761.222.79$8,575
Feb 20188,76661.782.77$24,248
Jan 20189,56862.874.01$38,361
Dec 20178,61757.272.92$25,175
Nov 20179,38255.423.12$29,256
Oct 20173,97849.292.98$11,869
Sep 20174,91047.523.09$15,159
Aug 20176,77145.373.00$20,343
Jul 20173,13143.873.09$9,666
Jun 20178,75242.493.09$27,020
May 20179,98145.373.26$32,572
Apr 20179,58247.933.21$30,774
Mar 201710,06946.772.98$30,043
Feb 20177,86050.452.95$23,207
Jan 20177,53249.413.42$25,750
Dec 20167,16848.763.72$26,685
Nov 20167,56042.492.64$19,991
Oct 20168,62146.193.09$26,641
Sep 20161,18141.553.10$3,662
Aug 20167,79341.442.92$22,789
Jul 20168,62641.622.92$25,225
Jun 20167,66145.352.69$20,576
May 20168,01142.521.99$15,950
Apr 20167,88236.561.99$15,693
Mar 20168,40233.011.79$15,073
Feb 20167,50226.472.06$15,481
Jan 20168,23827.352.36$19,478
Dec 20158,14932.362.00$16,309
Nov 20157,50538.792.17$16,266
Oct 20158,05243.552.43$19,539
Sep 20158,48142.992.76$23,394
Aug 20157,87040.162.87$22,607
Jul 20157,77248.152.95$22,889
Jun 20157,68356.152.88$22,149
May 20156,37555.212.96$18,841
Apr 20157,59749.822.71$20,562
Mar 20156,86642.892.93$20,150
Feb 20156,12044.662.98$18,214
Jan 20157,17443.433.10$22,244
Dec 20147,67254.693.59$27,553
Nov 20146,58970.464.25$28,015
Oct 20146,82878.303.90$26,636
Sep 20147,45486.164.05$30,155
Aug 20146,12989.394.04$24,731
Jul 20148,43996.564.18$35,272
Jun 20148,08098.164.74$38,274
May 20148,27194.734.73$39,093
Apr 20148,13995.944.81$39,141
Mar 20149,05695.895.06$45,794
Feb 20145,31997.406.19$32,935
Jan 20149,06090.404.86$44,038
Dec 20138,86691.824.35$38,607
Nov 20139,26588.853.74$34,635
Oct 20139,53297.423.78$36,025
Sep 20139,036104.113.72$33,594
Aug 20139,470104.253.52$33,359
Jul 20139,331102.523.72$34,690
Jun 20139,19794.403.93$36,176
May 20137,95794.834.15$33,014
Apr 20138,71393.964.28$37,314
Mar 20139,54093.623.91$37,329
Feb 20137,90191.233.42$27,021
Jan 20139,41191.603.42$32,185
Dec 20128,87586.773.42$30,354
Nov 20128,96886.953.62$32,509
Oct 20129,67789.383.40$32,899
Sep 20129,49794.672.92$27,716
Aug 201210,28892.662.91$29,919
Jul 201210,55485.133.02$31,882
Jun 20129,90279.822.52$24,944
May 20127,43991.612.49$18,511
Apr 201210,201101.652.00$20,369
Mar 201211,017105.052.22$24,481
Feb 20129,954101.102.57$25,584
Jan 20129,56298.092.73$26,143
Dec 20118,87296.873.24$28,743
Nov 20119,30795.723.31$30,818
Oct 201110,65084.983.65$38,857
Sep 20118,90783.623.99$35,502
Aug 201110,66483.404.15$44,248
Jul 20118,98094.144.52$40,565
Jun 201110,71692.904.64$49,721
May 201110,85198.134.40$47,797
Apr 201110,154105.964.33$44,000
Mar 20119,49896.364.06$38,537
Feb 20116,86285.644.18$28,683
Jan 20117,51086.504.59$34,462
Dec 201010,21985.734.35$44,430
Nov 201010,98680.843.80$41,696
Oct 201011,05678.103.51$38,794
Sep 201011,30772.633.98$44,996
Aug 201011,73973.684.42$51,879
Jul 201011,68072.554.74$55,322
Jun 201011,28870.364.91$55,429
May 201010,64071.124.24$45,063
Apr 201010,29581.694.12$42,443
Mar 201010,68778.394.39$46,902
Feb 201010,56573.585.44$57,499
Jan 201011,96274.365.96$71,342
Dec 200910,48971.445.48$57,519
Nov 200911,00774.593.75$41,293
Oct 200911,24572.544.11$46,220
Sep 200911,74165.543.06$35,983
Aug 200912,88567.423.22$41,470
Jul 200912,73061.133.46$44,103
Jun 20097,42466.163.90$28,916
May 200912,26754.743.93$48,157
Apr 200912,12046.773.59$43,481
Mar 200911,63742.144.06$47,235
Feb 200910,82132.814.63$50,134
Jan 200912,18935.865.37$65,467
Dec 200812,28537.105.98$73,429
Nov 200812,27555.496.86$84,211
Oct 200812,51175.246.92$86,601
Sep 200813,127101.767.88$103,403
Aug 200813,666114.228.48$115,929
Jul 200814,204131.0811.39$161,775
Jun 200813,334131.3313.03$173,777
May 200813,437123.1711.57$155,524
Apr 200813,521110.3110.45$141,360
Mar 200813,760101.909.66$132,978
Feb 200812,58492.538.77$110,369
Jan 200812,87190.388.21$105,616
Dec 200712,31988.337.30$89,953
Nov 200713,43091.677.29$97,928
Oct 200713,81182.856.92$95,599
Sep 200714,26075.846.24$89,042
Aug 200715,44369.066.39$98,649
Jul 200715,70870.906.39$100,342
Jun 200715,12262.007.55$114,148
May 200714,37558.747.85$112,790
Apr 20079,56959.617.81$74,688
Mar 200714,24956.927.30$104,046
Feb 200713,93255.108.22$114,465
Jan 200715,12750.306.73$101,757
Dec 200614,78356.656.92$102,275
Nov 200614,87754.207.62$113,325
Oct 200616,57754.906.01$99,691
Sep 200616,78360.085.04$84,539
Aug 200616,95568.717.34$124,448
Jul 200618,35469.376.34$116,415
Jun 200615,67966.286.38$100,093
May 200616,71866.016.42$107,413
Apr 200616,12364.397.36$118,673
Mar 200617,58156.707.08$124,525
Feb 200615,45257.597.75$119,770
Jan 200617,79660.598.93$158,977
Dec 200517,15654.9413.42$230,155
Nov 200518,04254.6910.59$191,036
Oct 200518,93758.3413.80$261,250
Sep 200515,68961.4512.08$189,507
Aug 200512,03661.519.80$117,915
Jul 200511,47355.697.84$89,990
Jun 2005052.337.38$0
May 20057,99245.226.65$53,156
Apr 200516,72249.207.36$123,082
Mar 200518,77550.377.15$134,333
Feb 200516,92645.226.31$106,836
Jan 200518,63043.166.32$117,783
Dec 200418,38139.866.75$124,092
Nov 200415,15945.286.33$95,963
Oct 200419,67349.706.52$128,172
Sep 200418,50743.245.28$97,789
Aug 200419,96742.375.55$110,830
Jul 200419,83338.286.08$120,668
Jun 200417,22736.106.43$110,822
May 200418,52837.486.49$120,332
Apr 200420,80734.475.86$121,897
Mar 200421,59734.365.53$119,434
Feb 200419,69932.455.51$108,534
Jan 200421,94932.036.30$138,271
Dec 200321,02630.266.30$132,498
Nov 200320,73928.804.60$95,299
Oct 200317,23528.174.76$82,032
Sep 200311,34126.314.75$53,862
Aug 200312,70429.765.13$65,168
Jul 200320,22429.415.17$104,575
Jun 200316,38928.565.98$98,055
May 200317,68326.595.97$105,615
Apr 200317,30126.675.41$93,551
Mar 200312,84731.146.10$78,316
Feb 200314,67933.487.93$116,344
Jan 200324,56330.315.58$137,112
Dec 200222,01726.914.85$106,865
Nov 200223,43124.664.14$96,933
Oct 200223,45126.464.23$99,177
Sep 200225,55727.443.64$92,905
Aug 200230,57325.963.16$96,738
Jul 200233,57024.583.06$102,783
Jun 200227,60523.733.34$92,152
May 200233,53424.663.58$120,186
Apr 200232,33323.653.51$113,564
Mar 200234,55022.003.10$107,199
Feb 200224,32118.222.38$57,779
Jan 200225,85317.172.38$61,418
Dec 200124,78016.932.36$58,590
Nov 200121,89518.072.41$52,669
Oct 200124,09719.782.53$60,938
Sep 200123,98824.262.25$54,005
Aug 200123,76424.873.05$72,555
Jul 200130,79923.933.20$98,467
Jun 200122,93924.563.82$87,722
May 200129,87525.524.31$128,681
Apr 200128,92924.685.34$154,345
Mar 200114,17124.545.38$76,190
Feb 200119,41527.755.77$111,968
Jan 2001027.478.40$0
Dec 2000026.889.12$0
Nov 200017,08432.215.66$96,661
Oct 200012,55331.235.15$64,591
Sep 20008,47731.875.19$43,966
Aug 200020,55229.644.54$93,321
Jul 200022,27528.534.09$91,099
Jun 200015,01929.304.40$66,042
May 200023,37427.263.68$86,010
Apr 200023,09524.513.12$71,964
Mar 200025,20628.422.86$72,083
Feb 200021,82627.622.73$59,509
Jan 20001,65025.272.48$4,093
Dec 19999,52024.282.42$23,074
Nov 199911,61723.192.43$28,276
Oct 199912,92820.982.80$36,246
Sep 199916,74821.752.62$43,861
Aug 199927,34119.262.88$78,622
Jul 199927,01217.892.37$64,082
Jun 19991,64015.942.36$3,874
May 199917,83215.792.32$41,388
Apr 199923,07015.102.21$50,940
Mar 199932,15912.471.84$59,119
Feb 199925,8259.981.82$46,944
Jan 199931,54110.381.90$59,926
Dec 199831,0009.201.77$54,973
Nov 199829,42610.892.19$64,317
Oct 199812,68312.421.97$24,975
Sep 199815,43312.592.08$32,141
Aug 199830,47711.301.91$58,130
Jul 199813,72911.742.24$30,715
Jun 1998011.242.24$0
May 19984,46312.622.21$9,847
Apr 199823,92913.042.51$59,950
Mar 199828,44512.802.31$65,692
Feb 199828,51313.952.30$65,555
Jan 199837,14514.702.15$80,040
Dec 199734,54716.322.41$83,296
Nov 199732,56918.193.09$100,582
Oct 199723,56419.253.15$74,222
Sep 1997017.742.95$0
Aug 1997017.862.55$0
Jul 1997017.582.25$0
Jun 1997017.242.26$0
May 19974,08318.972.31$9,426
Apr 19976,38217.882.08$13,292
Mar 199730,68018.951.94$59,493
Feb 199736,43920.492.21$80,381
Jan 199736,61223.483.54$129,596
Dec 199636,01723.32$0
Nov 199629,28821.97$0
Oct 199638,50823.31$0
Sep 199634,73622.22$0
Aug 199621,42720.26$0
Jul 199623,75319.55$0
Jun 199624,43018.73$0
May 199623,03919.43$0
Apr 199620,73521.51$0
Mar 199616,96919.38$0
Feb 19966,46816.98$0
Jan 199618,49017.07$0
Dec 199515,17417.19$0
Nov 199514,80916.00$0
Oct 199513,95815.43$0
Sep 199512,06616.18$0
Aug 199518,53315.92$0
Jul 199515,44015.24$0
Jun 199519,88116.41$0
May 199521,06817.56$0
Apr 199519,59317.73$0
Mar 199521,16516.44$0
Feb 199517,72916.58$0
Jan 199517,27115.92$0
Dec 199421,29615.03$0
Nov 199423,24815.90$0
Oct 1994015.58$0
Sep 199414,77415.29$0
Aug 199413,00616.13$0
Jul 199434,90017.56$0
Jun 199432,10417.09$0
May 199428,64515.88$0
Apr 199420,43714.14$0
Mar 199418,54212.46$0
Feb 199420,75712.50$0
Jan 199421,53612.66$0
Dec 199324,31612.33$0
Nov 199321,19914.49$0
Oct 199314,41415.85$0
Sep 199318,93615.03$0
Aug 19937,75415.66$0
Jul 199357515.46$0
Jun 19936,45016.79$0
May 19938,89617.68$0
Apr 199388018.05$0
Mar 199336,29518.14$0
Feb 199331,18117.90$0
Jan 199332,95316.93$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                6,669 Mcf  × $  2.87 =    $19,138

────────────────────────────────────────────────────
Month total                                  $19,138

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/23490 is the state's own key, not one this site invented.