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 23495District 10Field 68831001GasSaveExport
Value, all time
$11.5 M
Jan 1993 – May 2026
Value, last 12 filed months
$166 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
GasProduction3,556,092 Mcf$11,538,607
Total$11,538,607

921,608 Mcf of this lease's gas, across 46 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 35.6536, -101.7535. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.65362, -101.75348 · 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

42-34101884A 17Sep 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 20263,85098.932.87$11,048
Mar 20263,97089.753.15$12,503
Feb 20263,52863.503.75$13,231
Jan 20263,98359.138.00$31,856
Dec 20254,04156.664.41$17,834
Nov 20253,99958.593.93$15,702
Oct 20254,16459.383.30$13,761
Sep 20254,09562.743.08$12,600
Aug 20253,85463.933.01$11,619
Jul 20254,14366.743.32$13,735
Jun 20254,02866.483.13$12,602
May 20254,16460.553.23$13,459
Apr 20253,89162.363.54$13,786
Mar 20253,17767.704.27$13,560
Feb 20253,35270.884.34$14,551
Jan 20253,70474.324.28$15,848
Dec 20243,92668.993.12$12,255
Nov 20243,95269.052.20$8,688
Oct 20244,18071.372.28$9,536
Sep 20244,06669.612.36$9,613
Aug 20244,25175.632.06$8,772
Jul 20244,39079.932.15$9,424
Jun 20244,28078.082.63$11,273
May 20244,44278.812.20$9,765
Apr 20244,26184.451.66$7,070
Mar 20244,26480.301.55$6,588
Feb 20243,95676.091.78$7,056
Jan 20244,24973.023.30$14,012
Dec 20234,71771.262.61$12,315
Nov 20234,73277.892.81$13,285
Oct 20234,96885.443.09$15,338
Sep 20234,77589.042.74$13,060
Aug 20235,05280.522.67$13,503
Jul 20235,87974.852.64$15,531
Jun 20234,78468.962.26$10,805
May 20234,94070.622.23$11,003
Apr 20234,85478.122.24$10,862
Mar 20234,97372.852.39$11,901
Feb 20233,95675.112.47$9,754
Jan 20234,77276.533.39$16,166
Dec 20224,80176.415.73$27,505
Nov 20224,90285.005.65$27,678
Oct 20224,95287.185.86$29,037
Sep 20225,02384.888.16$41,006
Aug 20225,14094.529.13$46,914
Jul 20225,279101.587.54$39,815
Jun 20224,522115.097.98$36,073
May 20224,405109.378.43$37,148
Apr 20224,603104.226.84$31,473
Mar 20224,534108.885.08$23,016
Feb 20223,13291.054.86$15,218
Jan 20223,70681.844.54$16,817
Dec 20214,13771.323.90$16,131
Nov 20214,18777.435.24$21,927
Oct 20214,56879.795.71$26,101
Sep 20214,58069.865.35$24,507
Aug 20214,88466.024.22$20,613
Jul 20214,81170.783.98$19,158
Jun 20214,75569.493.38$16,075
May 20214,55763.483.02$13,752
Apr 20212,40860.362.76$6,642
Mar 20213,99661.302.72$10,857
Feb 20212,28257.805.55$12,660
Jan 20214,03550.412.81$11,339
Dec 20204,12544.642.68$11,036
Nov 20203,79138.772.71$10,261
Oct 20204,14336.972.48$10,268
Sep 20204,58537.091.99$9,129
Aug 20204,96239.982.39$11,835
Jul 20204,99938.371.83$9,124
Jun 20204,67434.901.69$7,901
May 20204,69616.921.81$8,522
Apr 20203,46414.751.80$6,250
Mar 20204,43430.341.86$8,231
Feb 20203,28349.881.98$6,503
Jan 20204,28757.252.09$8,980
Dec 2019059.012.30$0
Nov 20194,23955.302.75$11,660
Oct 20194,46553.472.42$10,799
Sep 20194,39155.052.66$11,668
Aug 2019053.112.30$0
Jul 2019056.272.46$0
Jun 201918752.782.49$466
May 201932558.482.74$891
Apr 20194,56062.632.75$12,543
Mar 20194,68056.803.06$14,331
Feb 2019050.852.79$0
Jan 2019046.033.23$0
Dec 2018046.594.19$0
Nov 2018052.934.24$0
Oct 20184,14561.443.40$14,085
Sep 20184,93059.543.11$15,322
Aug 20185,01259.403.07$15,370
Jul 20185,15565.142.93$15,114
Jun 20185,07160.183.08$15,603
May 20185,01165.382.90$14,536
Apr 20184,81163.842.90$13,956
Mar 20181,41161.222.79$3,932
Feb 20183,40961.782.77$9,430
Jan 20184,49562.874.01$18,022
Dec 20174,45257.272.92$13,007
Nov 20175,13155.423.12$16,000
Oct 20172,04449.292.98$6,099
Sep 20172,20047.523.09$6,792
Aug 20173,02145.373.00$9,076
Jul 20171,65043.873.09$5,094
Jun 20174,56342.493.09$14,087
May 20175,19345.373.26$16,947
Apr 20174,97347.933.21$15,971
Mar 20175,31246.772.98$15,849
Feb 20174,53850.452.95$13,399
Jan 20174,87449.413.42$16,663
Dec 20164,91748.763.72$18,305
Nov 20164,90042.492.64$12,957
Oct 20165,52946.193.09$17,086
Sep 201673141.553.10$2,267
Aug 20164,94441.442.92$14,458
Jul 20165,42541.622.92$15,865
Jun 20164,73545.352.69$12,717
May 20164,74042.521.99$9,438
Apr 20164,72236.561.99$9,402
Mar 20165,19933.011.79$9,327
Feb 20164,72926.472.06$9,759
Jan 20165,01027.352.36$11,845
Dec 20154,44032.362.00$8,886
Nov 20154,85238.792.17$10,516
Oct 20154,94243.552.43$11,992
Sep 20155,29542.992.76$14,606
Aug 20155,21440.162.87$14,977
Jul 20155,21248.152.95$15,350
Jun 20155,19956.152.88$14,988
May 20153,63055.212.96$10,728
Apr 20154,95549.822.71$13,411
Mar 20154,83442.892.93$14,186
Feb 20154,50044.662.98$13,393
Jan 20155,26843.433.10$16,334
Dec 20145,33854.693.59$19,171
Nov 20144,66870.464.25$19,848
Oct 20144,99778.303.90$19,493
Sep 20145,42586.164.05$21,947
Aug 20143,97389.394.04$16,032
Jul 20145,24196.564.18$21,905
Jun 20145,00098.164.74$23,684
May 20145,26594.734.73$24,885
Apr 20144,93695.944.81$23,738
Mar 20145,16895.895.06$26,134
Feb 20144,77297.406.19$29,548
Jan 20145,40890.404.86$26,287
Dec 20135,36091.824.35$23,340
Nov 20135,32488.853.74$19,903
Oct 20135,55797.423.78$21,002
Sep 20135,432104.113.72$20,195
Aug 20135,650104.253.52$19,903
Jul 20135,494102.523.72$20,425
Jun 20135,56294.403.93$21,878
May 20134,64294.834.15$19,260
Apr 20135,52193.964.28$23,644
Mar 20135,60893.623.91$21,943
Feb 20135,41191.233.42$18,505
Jan 20135,76991.603.42$19,729
Dec 20125,91386.773.42$20,223
Nov 20125,24986.953.62$19,027
Oct 20125,75789.383.40$19,572
Sep 20125,78994.672.92$16,895
Aug 20126,06792.662.91$17,644
Jul 20125,99185.133.02$18,098
Jun 20125,88979.822.52$14,835
May 20124,03591.612.49$10,040
Apr 20125,035101.652.00$10,054
Mar 20125,869105.052.22$13,041
Feb 20125,214101.102.57$13,401
Jan 20125,85098.092.73$15,994
Dec 20115,89096.873.24$19,082
Nov 20115,71395.723.31$18,917
Oct 20116,39884.983.65$23,343
Sep 20116,42583.623.99$25,609
Aug 20116,82983.404.15$28,336
Jul 20116,21894.144.52$28,088
Jun 20116,47592.904.64$30,043
May 20116,79598.134.40$29,931
Apr 20116,475105.964.33$28,058
Mar 20116,37696.364.06$25,870
Feb 20115,70485.644.18$23,843
Jan 20116,14786.504.59$28,207
Dec 20104,95885.734.35$21,556
Nov 20106,10480.843.80$23,167
Oct 20107,13078.103.51$25,018
Sep 20106,88572.633.98$27,399
Aug 20106,92073.684.42$30,582
Jul 20107,45872.554.74$35,325
Jun 20106,07070.364.91$29,806
May 20106,65371.124.24$28,177
Apr 20106,73181.694.12$27,750
Mar 20106,97978.394.39$30,629
Feb 20106,08073.585.44$33,090
Jan 20107,01974.365.96$41,862
Dec 20096,94171.445.48$38,063
Nov 20097,11574.593.75$26,692
Oct 20097,50972.544.11$30,864
Sep 20097,44965.543.06$22,829
Aug 20097,76767.423.22$24,998
Jul 20097,76061.133.46$26,885
Jun 20096,42666.163.90$25,029
May 20097,55254.743.93$29,647
Apr 20097,63346.773.59$27,383
Mar 20097,63742.144.06$30,999
Feb 20097,29732.814.63$33,807
Jan 20098,02835.865.37$43,118
Dec 20088,04837.105.98$48,104
Nov 20087,73655.496.86$53,072
Oct 20085,54475.246.92$38,375
Sep 20087,357101.767.88$57,952
Aug 20087,506114.228.48$63,674
Jul 20087,487131.0811.39$85,273
Jun 20087,434131.3313.03$96,885
May 20087,050123.1711.57$81,599
Apr 20087,502110.3110.45$78,432
Mar 20088,128101.909.66$78,550
Feb 20087,67892.538.77$67,341
Jan 20087,95290.388.21$65,252
Dec 20078,05488.337.30$58,810
Nov 20078,30691.677.29$60,565
Oct 20078,94782.856.92$61,931
Sep 20078,69575.846.24$54,293
Aug 20078,78869.066.39$56,137
Jul 20077,93970.906.39$50,714
Jun 20077,55962.007.55$57,059
May 20077,92858.747.85$62,205
Apr 20077,89459.617.81$61,614
Mar 20079,51856.927.30$69,500
Feb 20078,69755.108.22$71,455
Jan 20079,14350.306.73$61,504
Dec 20068,82356.656.92$61,041
Nov 20069,44054.207.62$71,909
Oct 20069,86154.906.01$59,302
Sep 200610,06160.085.04$50,679
Aug 200610,53768.717.34$77,341
Jul 200610,74469.376.34$68,147
Jun 200610,27666.286.38$65,601
May 200610,40766.016.42$66,865
Apr 200610,41264.397.36$76,637
Mar 200610,99556.707.08$77,877
Feb 20069,91657.597.75$76,860
Jan 200611,13260.598.93$99,446
Dec 200511,26554.9413.42$151,124
Nov 200510,96454.6910.59$116,091
Oct 200511,83958.3413.80$163,328
Sep 200511,47661.4512.08$138,619
Aug 20058,92961.519.80$87,476
Jul 20058,45955.697.84$66,349
Jun 2005052.337.38$0
May 20054,94545.226.65$32,890
Apr 200510,28849.207.36$75,725
Mar 200510,56550.377.15$75,591
Feb 200510,01845.226.31$63,233
Jan 200511,09743.166.32$70,157
Dec 20049,86239.866.75$66,579
Nov 200410,51845.286.33$66,583
Oct 200411,01649.706.52$71,770
Sep 200412,32943.245.28$65,145
Aug 200412,67842.375.55$70,371
Jul 200411,15138.286.08$67,845
Jun 200412,65336.106.43$81,397
May 200410,40337.486.49$67,563
Apr 200412,67634.475.86$74,262
Mar 200412,56834.365.53$69,503
Feb 200411,01832.455.51$60,705
Jan 200412,15032.036.30$76,541
Dec 200311,04630.266.30$69,608
Nov 200312,81428.804.60$58,882
Oct 200313,24628.174.76$63,046
Sep 200313,04326.314.75$61,946
Aug 200313,29929.765.13$68,220
Jul 200313,64629.415.17$70,561
Jun 200313,01428.565.98$77,862
May 200311,49226.595.97$68,638
Apr 200313,36526.675.41$72,268
Mar 200314,31031.146.10$87,234
Feb 200312,67533.487.93$100,461
Jan 200311,67130.315.58$65,148
Dec 200214,80226.914.85$71,845
Nov 200214,14524.664.14$58,517
Oct 200214,23826.464.23$60,214
Sep 20029,61127.443.64$34,938
Aug 2002025.963.16$0
Jul 2002024.583.06$0
Jun 2002023.733.34$0
May 2002024.663.58$0
Apr 20027,96123.653.51$27,962
Mar 20028,68422.003.10$26,944
Feb 20029,88318.222.38$23,479
Jan 200210,54817.172.38$25,059
Dec 200110,60316.932.36$25,070
Nov 200111,30018.072.41$27,182
Oct 200112,11419.782.53$30,635
Sep 20017,96624.262.25$17,934
Aug 200111,51824.873.05$35,166
Jul 200111,54523.933.20$36,910
Jun 20019,71724.563.82$37,159
May 200111,92325.524.31$51,356
Apr 200111,78424.685.34$62,871
Mar 200112,35424.545.38$66,421
Feb 200110,93727.755.77$63,075
Jan 200113,48027.478.40$113,215
Dec 200012,19426.889.12$111,240
Nov 200011,29932.215.66$63,930
Oct 200011,91231.235.15$61,293
Sep 200012,29731.875.19$63,778
Aug 200010,72029.644.54$48,677
Jul 20008,65528.534.09$35,397
Jun 20007,43729.304.40$32,702
May 200010,16627.263.68$37,408
Apr 200011,05124.513.12$34,435
Mar 200011,97328.422.86$34,240
Feb 200011,69927.622.73$31,897
Jan 200012,19325.272.48$30,245
Dec 199911,14524.282.42$27,012
Nov 199912,60723.192.43$30,685
Oct 199910,66320.982.80$29,896
Sep 19999,93321.752.62$26,013
Aug 19996,41419.262.88$18,444
Jul 19999,44917.892.37$22,417
Jun 199913,80315.942.36$32,604
May 199913,12215.792.32$30,456
Apr 199911,67915.102.21$25,788
Mar 199918,13112.471.84$33,331
Feb 199914,6989.981.82$26,718
Jan 199917,73010.381.90$33,686
Dec 199819,6999.201.77$34,933
Nov 199818,16310.892.19$39,699
Oct 199818,35312.421.97$36,141
Sep 199818,14212.592.08$37,783
Aug 19982,59611.301.91$4,951
Jul 199820,43611.742.24$45,721
Jun 199821,18711.242.24$47,401
May 199817,77812.622.21$39,224
Apr 199820,59413.042.51$51,595
Mar 199814,24912.802.31$32,907
Feb 199817,09513.952.30$39,304
Jan 199821,37714.702.15$46,063
Dec 199724,39316.322.41$58,814
Nov 199719,87018.193.09$61,364
Oct 199722,58819.253.15$71,148
Sep 199723,27117.742.95$68,763
Aug 199710,07117.862.55$25,729
Jul 19971,50217.582.25$3,375
Jun 1997017.242.26$0
May 199721,46718.972.31$49,557
Apr 199721,20517.882.08$44,165
Mar 199721,09518.951.94$40,906
Feb 199722,82220.492.21$50,343
Jan 199724,36723.483.54$86,252
Dec 199625,32623.32$0
Nov 199623,00621.97$0
Oct 199628,14623.31$0
Sep 199623,85122.22$0
Aug 199625,03520.26$0
Jul 1996019.55$0
Jun 1996018.73$0
May 19963,99819.43$0
Apr 199637221.51$0
Mar 199623,24119.38$0
Feb 199629,08316.98$0
Jan 199629,55517.07$0
Dec 199530,32317.19$0
Nov 199528,38016.00$0
Oct 199528,86115.43$0
Sep 199526,33816.18$0
Aug 199527,49815.92$0
Jul 199521,41415.24$0
Jun 199514,80816.41$0
May 199514,54817.56$0
Apr 199516,87017.73$0
Mar 199516,05116.44$0
Feb 199514,29116.58$0
Jan 199514,59615.92$0
Dec 199416,52015.03$0
Nov 199416,94915.90$0
Oct 199423,11415.58$0
Sep 199422,51415.29$0
Aug 199422,54816.13$0
Jul 199416,84417.56$0
Jun 199414,34317.09$0
May 199418,37815.88$0
Apr 199422,05114.14$0
Mar 199425,06212.46$0
Feb 199423,82512.50$0
Jan 199426,96012.66$0
Dec 199325,99712.33$0
Nov 199318,84714.49$0
Oct 19939,11915.85$0
Sep 199315,38415.03$0
Aug 199314,32815.66$0
Jul 19934,26315.46$0
Jun 19934,26016.79$0
May 199326,93117.68$0
Apr 199316,82518.05$0
Mar 199325,77518.14$0
Feb 199322,90517.90$0
Jan 199322,27516.93$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                3,850 Mcf  × $  2.87 =    $11,048

────────────────────────────────────────────────────
Month total                                  $11,048

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/23495 is the state's own key, not one this site invented.