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 23491District 10Field 68831001GasSaveExport
Value, all time
$2.6 M
Jan 1993 – May 2026
Value, last 12 filed months
$39 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
GasProduction756,394 Mcf$2,614,079
Total$2,614,079

193,289 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 35.6129, -101.9390. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.61288, -101.93895 · 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
3,035 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 3,035 ft.

Completions filed
Jan 2006
1 of 1 wells

1 well

42-37500303A 133,035 ftJan 2006

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 202689798.932.87$2,574
Mar 202694589.753.15$2,976
Feb 202685363.503.75$3,199
Jan 202698059.138.00$7,838
Dec 202592956.664.41$4,100
Nov 202586658.593.93$3,400
Oct 202588859.383.30$2,935
Sep 202589162.743.08$2,742
Aug 202591163.933.01$2,746
Jul 202598466.743.32$3,262
Jun 202589566.483.13$2,800
May 202592460.553.23$2,987
Apr 202596262.363.54$3,408
Mar 202584167.704.27$3,590
Feb 202583370.884.34$3,616
Jan 20251,02174.324.28$4,369
Dec 202480668.993.12$2,516
Nov 202490469.052.20$1,987
Oct 20241,03571.372.28$2,361
Sep 202496469.612.36$2,279
Aug 20241,03575.632.06$2,136
Jul 20241,06679.932.15$2,288
Jun 20241,00378.082.63$2,642
May 20241,03178.812.20$2,267
Apr 20241,02584.451.66$1,701
Mar 20241,06780.301.55$1,649
Feb 202497976.091.78$1,746
Jan 20241,00273.023.30$3,304
Dec 20231,02171.262.61$2,666
Nov 20231,08477.892.81$3,043
Oct 202382885.443.09$2,556
Sep 202384089.042.74$2,297
Aug 202389480.522.67$2,390
Jul 202360674.852.64$1,601
Jun 202385468.962.26$1,929
May 202397970.622.23$2,181
Apr 202394178.122.24$2,106
Mar 20231,03672.852.39$2,479
Feb 20231,02375.112.47$2,522
Jan 20231,16576.533.39$3,947
Dec 20221,24676.415.73$7,138
Nov 20221,05485.005.65$5,951
Oct 20221,01087.185.86$5,922
Sep 20221,10784.888.16$9,037
Aug 20221,25094.529.13$11,409
Jul 20221,187101.587.54$8,952
Jun 20221,220115.097.98$9,732
May 20221,247109.378.43$10,516
Apr 20221,191104.226.84$8,144
Mar 20221,266108.885.08$6,427
Feb 20221,19391.054.86$5,797
Jan 20221,16481.844.54$5,282
Dec 20211,25771.323.90$4,901
Nov 20211,15277.435.24$6,033
Oct 20211,18079.795.71$6,742
Sep 20211,21469.865.35$6,496
Aug 20211,28266.024.22$5,411
Jul 20211,28370.783.98$5,109
Jun 20211,24369.493.38$4,202
May 20211,35363.483.02$4,083
Apr 202189860.362.76$2,477
Mar 20211,42161.302.72$3,861
Feb 202162457.805.55$3,462
Jan 20211,64950.412.81$4,634
Dec 20202,22144.642.68$5,942
Nov 20202,00838.772.71$5,435
Oct 20201,47036.972.48$3,643
Sep 20201,35437.091.99$2,696
Aug 20201,34539.982.39$3,208
Jul 20201,42938.371.83$2,608
Jun 20201,39034.901.69$2,350
May 20201,43016.921.81$2,595
Apr 20201,41314.751.80$2,550
Mar 20201,46830.341.86$2,725
Feb 20201,32049.881.98$2,614
Jan 20201,03257.252.09$2,162
Dec 20199,67659.012.30$22,297
Nov 20191,23355.302.75$3,392
Oct 20191,35553.472.42$3,277
Sep 20191,40655.052.66$3,736
Aug 20198,86353.112.30$20,424
Jul 20191,46056.272.46$3,592
Jun 20191,52152.782.49$3,789
May 20191,64058.482.74$4,494
Apr 20191,15062.632.75$3,163
Mar 20191,48656.803.06$4,550
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 20181,61561.443.40$5,488
Sep 20181,60359.543.11$4,982
Aug 20181,70159.403.07$5,216
Jul 20181,71665.142.93$5,031
Jun 20181,75060.183.08$5,385
May 20181,85565.382.90$5,381
Apr 20181,88463.842.90$5,465
Mar 201833261.222.79$925
Feb 20181,58861.782.77$4,393
Jan 20181,78362.874.01$7,149
Dec 20171,80357.272.92$5,268
Nov 20171,87855.423.12$5,856
Oct 201787849.292.98$2,620
Sep 201792747.523.09$2,862
Aug 20171,73345.373.00$5,207
Jul 20171,59243.873.09$4,915
Jun 20171,78842.493.09$5,520
May 20171,82245.373.26$5,946
Apr 20171,69047.933.21$5,428
Mar 20171,82046.772.98$5,430
Feb 20171,65350.452.95$4,881
Jan 20171,71349.413.42$5,856
Dec 20161,81048.763.72$6,738
Nov 20161,81142.492.64$4,789
Oct 20161,87046.193.09$5,779
Sep 20161,88841.553.10$5,854
Aug 20161,74741.442.92$5,109
Jul 20161,95641.622.92$5,720
Jun 20161,91545.352.69$5,143
May 20161,93242.521.99$3,847
Apr 20161,87436.561.99$3,731
Mar 20161,97833.011.79$3,549
Feb 20161,80826.472.06$3,731
Jan 20161,99727.352.36$4,722
Dec 20151,90932.362.00$3,821
Nov 20151,88838.792.17$4,092
Oct 20152,02243.552.43$4,907
Sep 20152,01542.992.76$5,558
Aug 20152,09440.162.87$6,015
Jul 20152,08548.152.95$6,140
Jun 20152,04456.152.88$5,893
May 20151,65155.212.96$4,879
Apr 20151,83449.822.71$4,964
Mar 20152,04742.892.93$6,007
Feb 20151,80144.662.98$5,360
Jan 20152,06043.433.10$6,387
Dec 20142,01154.693.59$7,222
Nov 20141,95870.464.25$8,325
Oct 20142,14378.303.90$8,360
Sep 20142,19086.164.05$8,860
Aug 20141,65089.394.04$6,658
Jul 20142,14896.564.18$8,978
Jun 20142,12298.164.74$10,052
May 20142,14394.734.73$10,129
Apr 20142,21195.944.81$10,633
Mar 20142,19995.895.06$11,120
Feb 20142,04197.406.19$12,638
Jan 20142,24790.404.86$10,922
Dec 20132,28991.824.35$9,967
Nov 20132,21988.853.74$8,295
Oct 20132,27697.423.78$8,602
Sep 20132,291104.113.72$8,517
Aug 20132,353104.253.52$8,289
Jul 20132,394102.523.72$8,900
Jun 20132,34094.403.93$9,204
May 20132,32794.834.15$9,655
Apr 20132,31493.964.28$9,910
Mar 20132,45693.623.91$9,610
Feb 20132,23491.233.42$7,640
Jan 20132,47491.603.42$8,461
Dec 20122,38786.773.42$8,164
Nov 20122,35786.953.62$8,544
Oct 20122,53789.383.40$8,625
Sep 20122,49694.672.92$7,284
Aug 20122,61492.662.91$7,602
Jul 20122,58185.133.02$7,797
Jun 20122,51579.822.52$6,335
May 20122,59491.612.49$6,455
Apr 20122,442101.652.00$4,876
Mar 20122,635105.052.22$5,855
Feb 20122,508101.102.57$6,446
Jan 20122,56598.092.73$7,013
Dec 20112,57396.873.24$8,336
Nov 20112,67795.723.31$8,864
Oct 20112,77984.983.65$10,139
Sep 20112,77283.623.99$11,049
Aug 20112,90883.404.15$12,066
Jul 20112,77694.144.52$12,540
Jun 20112,90092.904.64$13,456
May 20112,95998.134.40$13,034
Apr 20112,916105.964.33$12,636
Mar 20112,99196.364.06$12,136
Feb 20112,48385.644.18$10,379
Jan 20112,89286.504.59$13,271
Dec 20102,76885.734.35$12,035
Nov 20102,79080.843.80$10,589
Oct 20102,94578.103.51$10,334
Sep 20102,93672.633.98$11,684
Aug 20103,09573.684.42$13,678
Jul 20103,12172.554.74$14,783
Jun 20103,14970.364.91$15,463
May 20102,47671.124.24$10,486
Apr 20102,98081.694.12$12,286
Mar 20103,10078.394.39$13,605
Feb 20102,89673.585.44$15,761
Jan 20103,19574.365.96$19,055
Dec 20093,17371.445.48$17,400
Nov 20092,98674.593.75$11,202
Oct 20092,98772.544.11$12,277
Sep 20093,04965.543.06$9,344
Aug 20093,38567.423.22$10,895
Jul 20093,45361.133.46$11,963
Jun 20093,35266.163.90$13,056
May 20093,44154.743.93$13,509
Apr 20093,46546.773.59$12,431
Mar 20093,47742.144.06$14,113
Feb 20093,17532.814.63$14,710
Jan 20093,68635.865.37$19,798
Dec 20083,52437.105.98$21,063
Nov 20083,03455.496.86$20,814
Oct 20082,43375.246.92$16,841
Sep 20082,688101.767.88$21,174
Aug 20083,306114.228.48$28,045
Jul 20083,654131.0811.39$41,617
Jun 20083,708131.3313.03$48,325
May 20083,762123.1711.57$43,542
Apr 20083,783110.3110.45$39,551
Mar 20083,860101.909.66$37,303
Feb 20083,68692.538.77$32,328
Jan 20084,02690.388.21$33,036
Dec 20074,03188.337.30$29,434
Nov 20073,91591.677.29$28,547
Oct 20074,15582.856.92$28,761
Sep 20074,13375.846.24$25,807
Aug 20074,38169.066.39$27,986
Jul 20074,46970.906.39$28,548
Jun 20074,39262.007.55$33,153
May 20074,43858.747.85$34,822
Apr 20074,38759.617.81$34,241
Mar 20074,43856.927.30$32,406
Feb 20074,31955.108.22$35,485
Jan 20074,92150.306.73$33,103
Dec 20064,71656.656.92$32,627
Nov 20064,86954.207.62$37,090
Oct 20065,08154.906.01$30,556
Sep 20065,10660.085.04$25,720
Aug 20065,41368.717.34$39,731
Jul 20065,58469.376.34$35,418
Jun 20065,55266.286.38$35,443
May 20065,83766.016.42$37,503
Apr 20066,04764.397.36$44,509
Mar 20066,67056.707.08$47,243
Feb 20066,93457.597.75$53,746
Jan 200658360.598.93$5,208
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 1997016.322.41$0
Nov 1997018.193.09$0
Oct 1997019.253.15$0
Sep 1997017.742.95$0
Aug 1997017.862.55$0
Jul 1997017.582.25$0
Jun 1997017.242.26$0
May 1997018.972.31$0
Apr 1997017.882.08$0
Mar 1997018.951.94$0
Feb 1997020.492.21$0
Jan 19971,17623.483.54$4,163
Dec 19963,71123.32$0
Nov 19962,80721.97$0
Oct 19963,71823.31$0
Sep 19963,20922.22$0
Aug 19963,30620.26$0
Jul 19964,13419.55$0
Jun 19964,58018.73$0
May 19963,57419.43$0
Apr 19965,10421.51$0
Mar 19963,32019.38$0
Feb 19963,41216.98$0
Jan 19963,28417.07$0
Dec 19953,89317.19$0
Nov 19953,81616.00$0
Oct 19953,77615.43$0
Sep 19954,25716.18$0
Aug 19953,81615.92$0
Jul 19954,35215.24$0
Jun 19953,73216.41$0
May 19953,80217.56$0
Apr 19953,92717.73$0
Mar 19954,54016.44$0
Feb 19952,86816.58$0
Jan 19953,02915.92$0
Dec 19944,11615.03$0
Nov 19943,91115.90$0
Oct 19944,48215.58$0
Sep 19944,22315.29$0
Aug 19944,47316.13$0
Jul 19944,81617.56$0
Jun 19944,59417.09$0
May 19943,62315.88$0
Apr 19943,90014.14$0
Mar 19944,64712.46$0
Feb 19943,55012.50$0
Jan 19943,85012.66$0
Dec 19934,22212.33$0
Nov 19933,91214.49$0
Oct 19934,18215.85$0
Sep 19935,05415.03$0
Aug 19934,58315.66$0
Jul 19935,50715.46$0
Jun 19934,10816.79$0
May 19934,61217.68$0
Apr 19934,22118.05$0
Mar 19934,41418.14$0
Feb 19934,10917.90$0
Jan 19934,21316.93$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                  897 Mcf  × $  2.87 =     $2,574

────────────────────────────────────────────────────
Month total                                   $2,574

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/23491 is the state's own key, not one this site invented.