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 23494District 10Field 68831001GasSaveExport
Value, all time
$687 k
Jan 1993 – May 2026
Value, last 12 filed months
$19 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
GasProduction743,063 Mcf$687,276
Total$687,276

492,591 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 35.6330, -101.8845. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.63296, -101.88449 · 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

42-34100607A 16

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 202647398.932.87$1,357
Mar 202649189.753.15$1,546
Feb 202643863.503.75$1,643
Jan 202646659.138.00$3,727
Dec 202548156.664.41$2,123
Nov 202545558.593.93$1,787
Oct 202546659.383.30$1,540
Sep 202544162.743.08$1,357
Aug 202539963.933.01$1,203
Jul 202545366.743.32$1,502
Jun 202545966.483.13$1,436
May 202545360.553.23$1,464
Apr 202543462.363.54$1,538
Mar 202543867.704.27$1,870
Feb 202528370.884.34$1,228
Jan 202539374.324.28$1,682
Dec 202443468.993.12$1,355
Nov 202442269.052.20$928
Oct 202443671.372.28$995
Sep 202446069.612.36$1,088
Aug 202467275.632.06$1,387
Jul 202468879.932.15$1,477
Jun 202466578.082.63$1,752
May 202467578.812.20$1,484
Apr 202464084.451.66$1,062
Mar 202464780.301.55$1,000
Feb 202456876.091.78$1,013
Jan 202461473.023.30$2,025
Dec 202365271.262.61$1,702
Nov 202364977.892.81$1,822
Oct 202368585.443.09$2,115
Sep 202368889.042.74$1,882
Aug 202372580.522.67$1,938
Jul 20231,31174.852.64$3,463
Jun 202367368.962.26$1,520
May 202370670.622.23$1,573
Apr 202366678.122.24$1,490
Mar 202366672.852.39$1,594
Feb 202357875.112.47$1,425
Jan 202367676.533.39$2,290
Dec 202269276.415.73$3,965
Nov 202266885.005.65$3,772
Oct 202269987.185.86$4,099
Sep 202274384.888.16$6,066
Aug 202277994.529.13$7,110
Jul 2022790101.587.54$5,958
Jun 2022536115.097.98$4,276
May 2022541109.378.43$4,562
Apr 2022503104.226.84$3,439
Mar 2022525108.885.08$2,665
Feb 202246391.054.86$2,250
Jan 202247581.844.54$2,155
Dec 202153371.323.90$2,078
Nov 202153277.435.24$2,786
Oct 202157479.795.71$3,280
Sep 202157869.865.35$3,093
Aug 202160466.024.22$2,549
Jul 202158770.783.98$2,337
Jun 202156869.493.38$1,920
May 202157863.483.02$1,744
Apr 202130560.362.76$841
Mar 202155661.302.72$1,511
Feb 202125857.805.55$1,431
Jan 202151650.412.81$1,450
Dec 202051644.642.68$1,381
Nov 202047038.772.71$1,272
Oct 202051436.972.48$1,274
Sep 202057537.091.99$1,145
Aug 202053439.982.39$1,274
Jul 202060738.371.83$1,108
Jun 202051334.901.69$867
May 202053116.921.81$964
Apr 202034814.751.80$628
Mar 202032730.341.86$607
Feb 202028249.881.98$559
Jan 202029857.252.09$624
Dec 201927059.012.30$622
Nov 201926155.302.75$718
Oct 201925853.472.42$624
Sep 201926055.052.66$691
Aug 201941353.112.30$952
Jul 201945656.272.46$1,122
Jun 201937052.782.49$922
May 201929458.482.74$806
Apr 201936662.632.75$1,007
Mar 201933356.803.06$1,020
Feb 201931850.852.79$888
Jan 201940746.033.23$1,314
Dec 2018046.594.19$0
Nov 2018052.934.24$0
Oct 201850761.443.40$1,723
Sep 201853059.543.11$1,647
Aug 201854859.403.07$1,680
Jul 201855465.142.93$1,624
Jun 201853760.183.08$1,652
May 201855465.382.90$1,607
Apr 201841363.842.90$1,198
Mar 20187561.222.79$209
Feb 201838761.782.77$1,070
Jan 201850562.874.01$2,025
Dec 201748957.272.92$1,429
Nov 201758555.423.12$1,824
Oct 201729649.292.98$883
Sep 201729647.523.09$914
Aug 20176845.373.00$204
Jul 201723043.873.09$710
Jun 201731142.493.09$960
May 201730045.373.26$979
Apr 201743747.933.21$1,403
Mar 201746146.772.98$1,375
Feb 201744450.452.95$1,311
Jan 201748549.413.42$1,658
Dec 201650948.763.72$1,895
Nov 201650942.492.64$1,346
Oct 201654646.193.09$1,687
Sep 201649841.553.10$1,544
Aug 201653941.442.92$1,576
Jul 201662941.622.92$1,839
Jun 201659645.352.69$1,601
May 201662942.521.99$1,252
Apr 201659936.561.99$1,193
Mar 201663233.011.79$1,134
Feb 201657226.472.06$1,180
Jan 201663827.352.36$1,508
Dec 201551332.362.00$1,027
Nov 201549338.792.17$1,068
Oct 201560343.552.43$1,463
Sep 201563042.992.76$1,738
Aug 201561240.162.87$1,758
Jul 201565848.152.95$1,938
Jun 201551756.152.88$1,490
May 201541455.212.96$1,224
Apr 201555249.822.71$1,494
Mar 201558542.892.93$1,717
Feb 201550444.662.98$1,500
Jan 201561443.433.10$1,904
Dec 201464954.693.59$2,331
Nov 201463370.464.25$2,691
Oct 201473378.303.90$2,859
Sep 201464486.164.05$2,605
Aug 201431289.394.04$1,259
Jul 201480196.564.18$3,348
Jun 201460298.164.74$2,852
May 201472194.734.73$3,408
Apr 201459095.944.81$2,837
Mar 2014095.895.06$0
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 19984,30611.742.24$9,634
Jun 19988,25511.242.24$18,469
May 19989,10812.622.21$20,095
Apr 19988,45913.042.51$21,193
Mar 19989,60812.802.31$22,189
Feb 19988,60613.952.30$19,786
Jan 19988,96614.702.15$19,320
Dec 19979,92916.322.41$23,940
Nov 19979,27818.193.09$28,653
Oct 19979,92019.253.15$31,246
Sep 19979,23117.742.95$27,277
Aug 199710,11017.862.55$25,828
Jul 19979,86817.582.25$22,173
Jun 19979,05717.242.26$20,443
May 19979,77418.972.31$22,563
Apr 19979,99617.882.08$20,819
Mar 199710,95918.951.94$21,251
Feb 199710,07220.492.21$22,218
Jan 199710,93923.483.54$38,721
Dec 199611,79723.32$0
Nov 199611,41621.97$0
Oct 199612,73723.31$0
Sep 19969,34122.22$0
Aug 19969,51420.26$0
Jul 199613,12819.55$0
Jun 19967,90818.73$0
May 19969,19419.43$0
Apr 19968,08321.51$0
Mar 19967,42619.38$0
Feb 19968,51216.98$0
Jan 19968,81917.07$0
Dec 19959,67617.19$0
Nov 19959,59116.00$0
Oct 199510,47115.43$0
Sep 19958,71416.18$0
Aug 19959,91215.92$0
Jul 19959,90515.24$0
Jun 19958,93816.41$0
May 19958,18217.56$0
Apr 19959,94217.73$0
Mar 19959,65016.44$0
Feb 19956,10616.58$0
Jan 19958,34615.92$0
Dec 19949,24015.03$0
Nov 199410,49815.90$0
Oct 199411,71815.58$0
Sep 199410,39815.29$0
Aug 199411,28716.13$0
Jul 199411,21417.56$0
Jun 19949,92917.09$0
May 19947,31515.88$0
Apr 19948,09114.14$0
Mar 199411,27312.46$0
Feb 19949,98812.50$0
Jan 199410,97912.66$0
Dec 199311,01412.33$0
Nov 199311,11114.49$0
Oct 199311,19415.85$0
Sep 199311,19915.03$0
Aug 199312,42015.66$0
Jul 199311,17015.46$0
Jun 199312,71316.79$0
May 199312,88117.68$0
Apr 199312,48118.05$0
Mar 199312,75218.14$0
Feb 199311,86217.90$0
Jan 199312,55616.93$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                  473 Mcf  × $  2.87 =     $1,357

────────────────────────────────────────────────────
Month total                                   $1,357

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/23494 is the state's own key, not one this site invented.