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 23492District 10Field 68831001NGPA filingGasSaveExport
Value, all time
$3.4 M
Jan 1993 – May 2026
Value, last 12 filed months
$20 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
GasProduction954,354 Mcf$3,368,229
Total$3,368,229

250,227 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 35.6339, -101.9237. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.63392, -101.92371 · 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.

Completions filed
Sep 2002
1 of 1 wells

1 well

42-34100734A 14Sep 2002

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 202647698.932.87$1,366
Mar 202648089.753.15$1,512
Feb 202643463.503.75$1,628
Jan 202648059.138.00$3,839
Dec 202548656.664.41$2,145
Nov 202546658.593.93$1,830
Oct 202548659.383.30$1,606
Sep 202547962.743.08$1,474
Aug 202548763.933.01$1,468
Jul 202550366.743.32$1,668
Jun 202549266.483.13$1,539
May 202550860.553.23$1,642
Apr 202548162.363.54$1,704
Mar 202548467.704.27$2,066
Feb 202534270.884.34$1,485
Jan 202545574.324.28$1,947
Dec 202447168.993.12$1,470
Nov 202445069.052.20$989
Oct 202446471.372.28$1,059
Sep 202446469.612.36$1,097
Aug 202449575.632.06$1,022
Jul 202451579.932.15$1,105
Jun 202450078.082.63$1,317
May 202451378.812.20$1,128
Apr 202450484.451.66$836
Mar 202450580.301.55$780
Feb 202446876.091.78$835
Jan 202449773.023.30$1,639
Dec 202353971.262.61$1,407
Nov 202351977.892.81$1,457
Oct 202357685.443.09$1,778
Sep 202357489.042.74$1,570
Aug 202359180.522.67$1,580
Jul 202337774.852.64$996
Jun 202357568.962.26$1,299
May 202359270.622.23$1,319
Apr 202357178.122.24$1,278
Mar 202359372.852.39$1,419
Feb 202353775.112.47$1,324
Jan 202361276.533.39$2,073
Dec 202264776.415.73$3,707
Nov 202260885.005.65$3,433
Oct 202258887.185.86$3,448
Sep 202259384.888.16$4,841
Aug 202261494.529.13$5,604
Jul 2022617101.587.54$4,653
Jun 2022571115.097.98$4,555
May 2022591109.378.43$4,984
Apr 2022566104.226.84$3,870
Mar 2022584108.885.08$2,965
Feb 202254791.054.86$2,658
Jan 202255381.844.54$2,509
Dec 202156071.323.90$2,184
Nov 202155877.435.24$2,922
Oct 202159379.795.71$3,388
Sep 202160669.865.35$3,243
Aug 202162666.024.22$2,642
Jul 202162970.783.98$2,505
Jun 202162469.493.38$2,110
May 202163663.483.02$1,919
Apr 202140960.362.76$1,128
Mar 202169461.302.72$1,886
Feb 202138757.805.55$2,147
Jan 202165150.412.81$1,829
Dec 202066944.642.68$1,790
Nov 202063538.772.71$1,719
Oct 202063336.972.48$1,569
Sep 202071437.091.99$1,422
Aug 202072439.982.39$1,727
Jul 202074238.371.83$1,354
Jun 202073534.901.69$1,242
May 202085816.921.81$1,557
Apr 202083414.751.80$1,505
Mar 202084530.341.86$1,569
Feb 202077449.881.98$1,533
Jan 202084557.252.09$1,770
Dec 201984159.012.30$1,938
Nov 201983855.302.75$2,305
Oct 201989853.472.42$2,172
Sep 201990255.052.66$2,397
Aug 201990153.112.30$2,076
Jul 201993456.272.46$2,298
Jun 201991552.782.49$2,279
May 201997158.482.74$2,661
Apr 201995162.632.75$2,616
Mar 201995356.803.06$2,918
Feb 201989450.852.79$2,496
Jan 201997546.033.23$3,147
Dec 2018046.594.19$0
Nov 2018052.934.24$0
Oct 20181,04161.443.40$3,537
Sep 20181,04459.543.11$3,245
Aug 20181,09659.403.07$3,361
Jul 20181,09365.142.93$3,205
Jun 20181,07060.183.08$3,292
May 20181,12365.382.90$3,258
Apr 20181,14663.842.90$3,324
Mar 201820161.222.79$560
Feb 201895361.782.77$2,636
Jan 20181,09662.874.01$4,394
Dec 20171,09157.272.92$3,187
Nov 20171,17955.423.12$3,677
Oct 201774649.292.98$2,226
Sep 201758447.523.09$1,803
Aug 201799445.373.00$2,986
Jul 201799543.873.09$3,072
Jun 20171,08442.493.09$3,347
May 20171,09345.373.26$3,567
Apr 20171,06447.933.21$3,417
Mar 20171,02646.772.98$3,061
Feb 20171,00550.452.95$2,967
Jan 20171,12249.413.42$3,836
Dec 20161,09848.763.72$4,088
Nov 20161,14142.492.64$3,017
Oct 20161,21546.193.09$3,755
Sep 20161,20541.553.10$3,736
Aug 20161,11741.442.92$3,266
Jul 20161,26241.622.92$3,691
Jun 20161,19445.352.69$3,207
May 20161,25542.521.99$2,499
Apr 20161,24436.561.99$2,477
Mar 20161,30833.011.79$2,347
Feb 20161,14326.472.06$2,359
Jan 20161,28627.352.36$3,041
Dec 20151,24132.362.00$2,484
Nov 20151,20938.792.17$2,620
Oct 20151,31443.552.43$3,189
Sep 20151,29642.992.76$3,575
Aug 20151,29740.162.87$3,726
Jul 20151,39348.152.95$4,103
Jun 20151,34156.152.88$3,866
May 201596955.212.96$2,864
Apr 20151,23949.822.71$3,353
Mar 20151,33542.892.93$3,918
Feb 20151,13744.662.98$3,384
Jan 20151,31943.433.10$4,090
Dec 20141,39254.693.59$4,999
Nov 20141,34870.464.25$5,731
Oct 20141,44678.303.90$5,641
Sep 20141,46486.164.05$5,923
Aug 20141,07089.394.04$4,318
Jul 20141,44796.564.18$6,048
Jun 20141,38698.164.74$6,565
May 20141,42694.734.73$6,740
Apr 20141,32195.944.81$6,353
Mar 20141,36495.895.06$6,897
Feb 20141,22797.406.19$7,598
Jan 20141,41990.404.86$6,897
Dec 20131,42591.824.35$6,205
Nov 20131,39088.853.74$5,196
Oct 20131,50797.423.78$5,696
Sep 20131,481104.113.72$5,506
Aug 20131,540104.253.52$5,425
Jul 20131,550102.523.72$5,763
Jun 20131,50394.403.93$5,912
May 20131,40794.834.15$5,838
Apr 20131,40093.964.28$5,996
Mar 20131,47593.623.91$5,771
Feb 20131,32591.233.42$4,531
Jan 20131,46491.603.42$5,007
Dec 20121,49886.773.42$5,123
Nov 20121,47286.953.62$5,336
Oct 20121,52889.383.40$5,195
Sep 20121,52894.672.92$4,459
Aug 20121,59092.662.91$4,624
Jul 20121,55085.133.02$4,682
Jun 20121,42779.822.52$3,595
May 20121,39691.612.49$3,474
Apr 20121,431101.652.00$2,857
Mar 20121,490105.052.22$3,311
Feb 20121,363101.102.57$3,503
Jan 20121,43998.092.73$3,934
Dec 20111,48896.873.24$4,821
Nov 20111,50995.723.31$4,997
Oct 20111,61184.983.65$5,878
Sep 20111,58783.623.99$6,325
Aug 20111,70683.404.15$7,079
Jul 20111,72094.144.52$7,770
Jun 20111,71592.904.64$7,957
May 20111,72798.134.40$7,607
Apr 20111,657105.964.33$7,180
Mar 20111,73596.364.06$7,039
Feb 20111,41685.644.18$5,919
Jan 20111,72386.504.59$7,906
Dec 20101,74385.734.35$7,578
Nov 20101,69980.843.80$6,448
Oct 20101,80378.103.51$6,327
Sep 20101,80972.633.98$7,199
Aug 20101,85473.684.42$8,193
Jul 20101,90372.554.74$9,014
Jun 20101,85770.364.91$9,119
May 20101,84571.124.24$7,814
Apr 20101,88381.694.12$7,763
Mar 20101,94978.394.39$8,554
Feb 20101,82473.585.44$9,927
Jan 20101,77574.365.96$10,586
Dec 20091,98771.445.48$10,896
Nov 20091,96674.593.75$7,375
Oct 20092,09672.544.11$8,615
Sep 20092,05965.543.06$6,310
Aug 20092,15367.423.22$6,929
Jul 20092,10561.133.46$7,293
Jun 20092,06666.163.90$8,047
May 20092,11254.743.93$8,291
Apr 20092,12546.773.59$7,623
Mar 20092,08542.144.06$8,463
Feb 20091,92432.814.63$8,914
Jan 20092,07035.865.37$11,118
Dec 20082,13837.105.98$12,779
Nov 20082,13655.496.86$14,654
Oct 20081,86775.246.92$12,923
Sep 20081,649101.767.88$12,989
Aug 20082,386114.228.48$20,240
Jul 20082,451131.0811.39$27,915
Jun 20082,377131.3313.03$30,979
May 20082,405123.1711.57$27,836
Apr 20082,399110.3110.45$25,081
Mar 20082,508101.909.66$24,237
Feb 20082,34992.538.77$20,602
Jan 20082,53790.388.21$20,818
Dec 20072,53288.337.30$18,489
Nov 20072,53491.677.29$18,477
Oct 20072,68082.856.92$18,551
Sep 20072,66675.846.24$16,647
Aug 20072,80569.066.39$17,918
Jul 20072,85370.906.39$18,225
Jun 20072,85062.007.55$21,513
May 20072,89758.747.85$22,731
Apr 20072,86959.617.81$22,393
Mar 20073,00756.927.30$21,957
Feb 20072,74655.108.22$22,561
Jan 20072,98050.306.73$20,046
Dec 20063,00956.656.92$20,818
Nov 20063,06754.207.62$23,363
Oct 20063,41454.906.01$20,531
Sep 20063,36760.085.04$16,960
Aug 20063,41368.717.34$25,051
Jul 20063,61169.376.34$22,904
Jun 20063,42366.286.38$21,852
May 20063,48866.016.42$22,410
Apr 20063,52464.397.36$25,938
Mar 20063,69956.707.08$26,200
Feb 20063,30857.597.75$25,641
Jan 20063,76960.598.93$33,670
Dec 20053,82754.9413.42$51,341
Nov 20053,81454.6910.59$40,384
Oct 20053,97858.3413.80$54,880
Sep 20052,72461.4512.08$32,903
Aug 20054,03161.519.80$39,491
Jul 20054,32555.697.84$33,924
Jun 2005052.337.38$0
May 20052,15145.226.65$14,307
Apr 20054,45149.207.36$32,762
Mar 20054,65250.377.15$33,285
Feb 20054,24445.226.31$26,788
Jan 20054,74643.166.32$30,005
Dec 20044,88439.866.75$32,972
Nov 20044,54345.286.33$28,759
Oct 20045,02149.706.52$32,712
Sep 20044,99143.245.28$26,372
Aug 20045,23042.375.55$29,030
Jul 20045,25738.286.08$31,985
Jun 20045,19636.106.43$33,426
May 20045,05237.486.49$32,811
Apr 20044,83534.475.86$28,326
Mar 20045,35334.365.53$29,603
Feb 20045,05332.455.51$27,840
Jan 20045,51132.036.30$34,717
Dec 20035,48630.266.30$34,571
Nov 20035,46128.804.60$25,094
Oct 20035,76428.174.76$27,435
Sep 20035,71326.314.75$27,133
Aug 20036,14929.765.13$31,543
Jul 20035,64529.415.17$29,189
Jun 20035,99528.565.98$35,868
May 20035,24326.595.97$31,315
Apr 20036,25426.675.41$33,817
Mar 20036,69431.146.10$40,807
Feb 20035,57433.487.93$44,179
Jan 20036,95330.315.58$38,812
Dec 20027,36826.914.85$35,763
Nov 20027,64524.664.14$31,627
Oct 20028,76326.464.23$37,060
Sep 200219327.443.64$702
Aug 2002025.963.16$0
Jul 2002024.583.06$0
Jun 2002023.733.34$0
May 20021,38624.663.58$4,967
Apr 20022,01323.653.51$7,070
Mar 20021,92322.003.10$5,967
Feb 20021,82318.222.38$4,331
Jan 20021,85317.172.38$4,402
Dec 20012,13516.932.36$5,048
Nov 20012,15518.072.41$5,184
Oct 20011,77119.782.53$4,479
Sep 20011,35424.262.25$3,048
Aug 20012,09424.873.05$6,393
Jul 20012,11423.933.20$6,759
Jun 20012,27524.563.82$8,700
May 20012,07425.524.31$8,933
Apr 20012,31024.685.34$12,325
Mar 20012,03624.545.38$10,946
Feb 20011,99327.755.77$11,494
Jan 20011,42527.478.40$11,968
Dec 20002,01526.889.12$18,382
Nov 20002,31232.215.66$13,081
Oct 20002,44031.235.15$12,555
Sep 20002,74231.875.19$14,221
Aug 20002,78829.644.54$12,660
Jul 20002,22128.534.09$9,083
Jun 20002,39529.304.40$10,531
May 20002,88227.263.68$10,605
Apr 20002,32824.513.12$7,254
Mar 20002,60928.422.86$7,461
Feb 20002,45027.622.73$6,680
Jan 20003,12625.272.48$7,754
Dec 19991,08024.282.42$2,618
Nov 19992,62023.192.43$6,377
Oct 19992,54520.982.80$7,135
Sep 19993,02421.752.62$7,919
Aug 19992,99119.262.88$8,601
Jul 19992,97017.892.37$7,046
Jun 19992,80015.942.36$6,614
May 19992,72515.792.32$6,325
Apr 19992,77615.102.21$6,130
Mar 19992,85212.471.84$5,243
Feb 19992,5649.981.82$4,661
Jan 19992,91410.381.90$5,536
Dec 19982,4029.201.77$4,260
Nov 19982,69410.892.19$5,888
Oct 19983,32712.421.97$6,552
Sep 19983,60412.592.08$7,506
Aug 19983,52911.301.91$6,731
Jul 19983,60811.742.24$8,072
Jun 19983,11211.242.24$6,962
May 19983,68112.622.21$8,122
Apr 19983,19313.042.51$8,000
Mar 19983,44512.802.31$7,956
Feb 19983,21213.952.30$7,385
Jan 19983,45814.702.15$7,451
Dec 19973,73616.322.41$9,008
Nov 19973,34518.193.09$10,330
Oct 19973,66619.253.15$11,547
Sep 19973,95417.742.95$11,684
Aug 19973,85617.862.55$9,851
Jul 19974,20817.582.25$9,455
Jun 19973,68717.242.26$8,322
May 19973,77318.972.31$8,710
Apr 19973,72717.882.08$7,763
Mar 19974,08918.951.94$7,929
Feb 19973,86720.492.21$8,530
Jan 19974,31623.483.54$15,277
Dec 19962,53923.32$0
Nov 19964,20021.97$0
Oct 19964,57123.31$0
Sep 19961,65022.22$0
Aug 19963,85120.26$0
Jul 19964,64319.55$0
Jun 19964,07118.73$0
May 19964,58219.43$0
Apr 19964,75221.51$0
Mar 19965,11919.38$0
Feb 19963,07716.98$0
Jan 19963,39017.07$0
Dec 19954,26817.19$0
Nov 19954,92516.00$0
Oct 19955,20715.43$0
Sep 19954,29316.18$0
Aug 19955,13115.92$0
Jul 19955,03115.24$0
Jun 19955,08016.41$0
May 19954,74417.56$0
Apr 19955,10317.73$0
Mar 19955,38116.44$0
Feb 19954,33016.58$0
Jan 19955,41915.92$0
Dec 19945,46215.03$0
Nov 19944,96215.90$0
Oct 19945,84015.58$0
Sep 19945,84615.29$0
Aug 19944,98116.13$0
Jul 19945,97117.56$0
Jun 19944,38217.09$0
May 19945,07815.88$0
Apr 19945,74514.14$0
Mar 19946,22212.46$0
Feb 19945,71312.50$0
Jan 19946,72112.66$0
Dec 19935,71512.33$0
Nov 19936,14814.49$0
Oct 19936,56115.85$0
Sep 19935,79515.03$0
Aug 19937,35615.66$0
Jul 19937,47815.46$0
Jun 19937,33916.79$0
May 19935,44317.68$0
Apr 19934,68818.05$0
Mar 19936,49918.14$0
Feb 19936,87017.90$0
Jan 19938,05516.93$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                  476 Mcf  × $  2.87 =     $1,366

────────────────────────────────────────────────────
Month total                                   $1,366

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/23492 is the state's own key, not one this site invented.