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 23497District 10Field 68831001GasSaveExport
Value, all time
$251 k
Jan 1993 – May 2026
Value, last 12 filed months
$16 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
GasProduction428,185 Mcf$251,415
Total$251,415

354,679 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 35.5791, -101.9705. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.57914, -101.97047 · 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

42-37500063A 19

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 202639298.932.87$1,125
Mar 202641289.753.15$1,298
Feb 202640663.503.75$1,523
Jan 202640659.138.00$3,247
Dec 202537056.664.41$1,633
Nov 202552458.593.93$2,057
Oct 202525159.383.30$830
Sep 202526762.743.08$822
Aug 202527563.933.01$829
Jul 202541366.743.32$1,369
Jun 202539566.483.13$1,236
May 202540860.553.23$1,319
Apr 202539362.363.54$1,392
Mar 202536367.704.27$1,549
Feb 202530570.884.34$1,324
Jan 202536174.324.28$1,545
Dec 202439868.993.12$1,242
Nov 202439469.052.20$866
Oct 202439071.372.28$890
Sep 202439869.612.36$941
Aug 202442275.632.06$871
Jul 202443679.932.15$936
Jun 202445278.082.63$1,191
May 202446078.812.20$1,011
Apr 202444884.451.66$743
Mar 202445080.301.55$695
Feb 202443276.091.78$771
Jan 202445373.023.30$1,494
Dec 202345971.262.61$1,198
Nov 202347977.892.81$1,345
Oct 202343885.443.09$1,352
Sep 202332589.042.74$889
Aug 202344880.522.67$1,197
Jul 202370474.852.64$1,860
Jun 202345868.962.26$1,034
May 202348570.622.23$1,080
Apr 202346378.122.24$1,036
Mar 202345072.852.39$1,077
Feb 202341275.112.47$1,016
Jan 202346776.533.39$1,582
Dec 202246776.415.73$2,675
Nov 202245085.005.65$2,541
Oct 202248687.185.86$2,850
Sep 202248284.888.16$3,935
Aug 202249894.529.13$4,545
Jul 2022491101.587.54$3,703
Jun 2022437115.097.98$3,486
May 2022498109.378.43$4,200
Apr 2022445104.226.84$3,043
Mar 2022463108.885.08$2,350
Feb 202239491.054.86$1,914
Jan 202244381.844.54$2,010
Dec 202148271.323.90$1,879
Nov 202147777.435.24$2,498
Oct 202149779.795.71$2,840
Sep 202149669.865.35$2,654
Aug 202152266.024.22$2,203
Jul 202152970.783.98$2,107
Jun 202152469.493.38$1,771
May 202156363.483.02$1,699
Apr 202137260.362.76$1,026
Mar 202159261.302.72$1,608
Feb 202127857.805.55$1,542
Jan 202153450.412.81$1,501
Dec 202056644.642.68$1,514
Nov 202037838.772.71$1,023
Oct 202057636.972.48$1,428
Sep 202038637.091.99$769
Aug 202036339.982.39$866
Jul 202041338.371.83$754
Jun 202040834.901.69$690
May 202044516.921.81$808
Apr 202038914.751.80$702
Mar 202042630.341.86$791
Feb 202041049.881.98$812
Jan 202042657.252.09$892
Dec 2019059.012.30$0
Nov 201941155.302.75$1,131
Oct 201944353.472.42$1,071
Sep 201942755.052.66$1,135
Aug 2019053.112.30$0
Jul 201942656.272.46$1,048
Jun 201944152.782.49$1,099
May 201948458.482.74$1,326
Apr 201942162.632.75$1,158
Mar 201940056.803.06$1,225
Feb 2019050.852.79$0
Jan 2019046.033.23$0
Dec 2018046.594.19$0
Nov 2018052.934.24$0
Oct 201853961.443.40$1,832
Sep 201853859.543.11$1,672
Aug 201854459.403.07$1,668
Jul 201846665.142.93$1,366
Jun 201849160.183.08$1,511
May 201850865.382.90$1,474
Apr 201864163.842.90$1,859
Mar 201811161.222.79$309
Feb 201841261.782.77$1,140
Jan 201844962.874.01$1,800
Dec 201750757.272.92$1,481
Nov 201738855.423.12$1,210
Oct 201717849.292.98$531
Sep 201717147.523.09$528
Aug 201750545.373.00$1,517
Jul 201736143.873.09$1,115
Jun 201753642.493.09$1,655
May 201759445.373.26$1,938
Apr 201756447.933.21$1,811
Mar 201757746.772.98$1,722
Feb 201752950.452.95$1,562
Jan 201759149.413.42$2,021
Dec 201660248.763.72$2,241
Nov 201664642.492.64$1,708
Oct 201666746.193.09$2,061
Sep 201656341.553.10$1,746
Aug 201651641.442.92$1,509
Jul 201662241.622.92$1,819
Jun 201660145.352.69$1,614
May 201666942.521.99$1,332
Apr 201660536.561.99$1,205
Mar 201668233.011.79$1,224
Feb 201663926.472.06$1,319
Jan 201668827.352.36$1,627
Dec 201568432.362.00$1,369
Nov 201570838.792.17$1,534
Oct 201575443.552.43$1,830
Sep 201573242.992.76$2,019
Aug 201578040.162.87$2,241
Jul 201573648.152.95$2,168
Jun 201571056.152.88$2,047
May 201552555.212.96$1,552
Apr 201580749.822.71$2,184
Mar 201595142.892.93$2,791
Feb 201530144.662.98$896
Jan 201560443.433.10$1,873
Dec 201474154.693.59$2,661
Nov 201468670.464.25$2,917
Oct 201458478.303.90$2,278
Sep 201493686.164.05$3,787
Aug 201478089.394.04$3,147
Jul 20141,05496.564.18$4,405
Jun 201476298.164.74$3,610
May 20141,06794.734.73$5,043
Apr 201481395.944.81$3,910
Mar 20141,07795.895.06$5,446
Feb 201484197.406.19$5,207
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 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 19971,45223.483.54$5,140
Dec 19965,82523.32$0
Nov 19965,37021.97$0
Oct 19966,52523.31$0
Sep 19966,09022.22$0
Aug 19966,53120.26$0
Jul 19966,67419.55$0
Jun 19966,25018.73$0
May 19966,88319.43$0
Apr 19966,66621.51$0
Mar 19966,49019.38$0
Feb 19966,24816.98$0
Jan 19966,96917.07$0
Dec 19957,03817.19$0
Nov 19957,28516.00$0
Oct 19957,51315.43$0
Sep 19957,34216.18$0
Aug 19957,54915.92$0
Jul 19957,91315.24$0
Jun 19957,80516.41$0
May 19955,01917.56$0
Apr 19956,45217.73$0
Mar 19957,07116.44$0
Feb 19956,40216.58$0
Jan 19957,30615.92$0
Dec 19948,02815.03$0
Nov 19946,20515.90$0
Oct 19948,15715.58$0
Sep 19948,65215.29$0
Aug 19947,23116.13$0
Jul 19946,16317.56$0
Jun 19946,48917.09$0
May 19948,03015.88$0
Apr 19947,29614.14$0
Mar 19948,57912.46$0
Feb 19946,20212.50$0
Jan 19948,54712.66$0
Dec 19938,18512.33$0
Nov 19937,17414.49$0
Oct 19939,32015.85$0
Sep 199310,55815.03$0
Aug 19937,65815.66$0
Jul 19937,75715.46$0
Jun 19936,96016.79$0
May 19939,65217.68$0
Apr 19939,23018.05$0
Mar 199310,28318.14$0
Feb 19938,79017.90$0
Jan 19938,31716.93$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                  392 Mcf  × $  2.87 =     $1,125

────────────────────────────────────────────────────
Month total                                   $1,125

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/23497 is the state's own key, not one this site invented.