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 23498District 10Field 68831001GasSaveExport
Value, all time
$223 k
Jan 1993 – May 2026
Value, last 12 filed months
$12 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
GasProduction257,443 Mcf$222,931
Total$222,931

192,128 Mcf of this lease's gas, across 16 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 35.6317, -101.7635. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.63175, -101.76352 · 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 1970
1 of 1 wells

1 well

42-34100556A 20Sep 1970

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 20261498.932.87$40
Mar 202629389.753.15$923
Feb 202625063.503.75$938
Jan 202625759.138.00$2,055
Dec 202535056.664.41$1,545
Nov 202536358.593.93$1,425
Oct 202534759.383.30$1,147
Sep 202537162.743.08$1,142
Aug 202530063.933.01$904
Jul 202526166.743.32$865
Jun 202525566.483.13$798
May 202533360.553.23$1,076
Apr 202534862.363.54$1,233
Mar 202529667.704.27$1,263
Feb 202520670.884.34$894
Jan 202523674.324.28$1,010
Dec 202437968.993.12$1,183
Nov 202438369.052.20$842
Oct 202449671.372.28$1,132
Sep 202449069.612.36$1,159
Aug 202453675.632.06$1,106
Jul 202453779.932.15$1,153
Jun 202451678.082.63$1,359
May 202452078.812.20$1,143
Apr 202449884.451.66$826
Mar 202446480.301.55$717
Feb 202433976.091.78$605
Jan 202438473.023.30$1,266
Dec 202350171.262.61$1,308
Nov 202352977.892.81$1,485
Oct 202356185.443.09$1,732
Sep 202355189.042.74$1,507
Aug 202357680.522.67$1,540
Jul 20231,11574.852.64$2,946
Jun 202355868.962.26$1,260
May 202355570.622.23$1,236
Apr 202351778.122.24$1,157
Mar 202346372.852.39$1,108
Feb 202339375.112.47$969
Jan 202344076.533.39$1,491
Dec 202240876.415.73$2,337
Nov 202249285.005.65$2,778
Oct 202254487.185.86$3,190
Sep 202253884.888.16$4,392
Aug 202255994.529.13$5,102
Jul 2022563101.587.54$4,246
Jun 2022522115.097.98$4,164
May 2022526109.378.43$4,436
Apr 2022487104.226.84$3,330
Mar 2022450108.885.08$2,284
Feb 202236591.054.86$1,773
Jan 202238681.844.54$1,752
Dec 202152071.323.90$2,028
Nov 202152077.435.24$2,723
Oct 202154979.795.71$3,137
Sep 202154269.865.35$2,900
Aug 202156866.024.22$2,397
Jul 202156670.783.98$2,254
Jun 202153669.493.38$1,812
May 202153563.483.02$1,614
Apr 202128560.362.76$786
Mar 202142761.302.72$1,160
Feb 202117257.805.55$954
Jan 202143350.412.81$1,217
Dec 202056844.642.68$1,520
Nov 202038638.772.71$1,045
Oct 202043536.972.48$1,078
Sep 202047737.091.99$950
Aug 202050039.982.39$1,193
Jul 202051638.371.83$942
Jun 202048134.901.69$813
May 202050816.921.81$922
Apr 202044414.751.80$801
Mar 202046230.341.86$858
Feb 202040149.881.98$794
Jan 202041357.252.09$865
Dec 2019059.012.30$0
Nov 201943055.302.75$1,183
Oct 201954953.472.42$1,328
Sep 201910655.052.66$282
Aug 2019053.112.30$0
Jul 2019056.272.46$0
Jun 2019052.782.49$0
May 2019058.482.74$0
Apr 2019062.632.75$0
Mar 2019056.803.06$0
Feb 2019050.852.79$0
Jan 2019046.033.23$0
Dec 2018046.594.19$0
Nov 2018052.934.24$0
Oct 201860661.443.40$2,059
Sep 201860059.543.11$1,865
Aug 201864059.403.07$1,963
Jul 201849765.142.93$1,457
Jun 201855860.183.08$1,717
May 201864665.382.90$1,874
Apr 201865363.842.90$1,894
Mar 201814961.222.79$415
Feb 201846861.782.77$1,295
Jan 201841762.874.01$1,672
Dec 201746957.272.92$1,370
Nov 201763455.423.12$1,977
Oct 201725549.292.98$761
Sep 201733447.523.09$1,031
Aug 201748945.373.00$1,469
Jul 201719743.873.09$608
Jun 201740942.493.09$1,263
May 201711645.373.26$379
Apr 201754147.933.21$1,737
Mar 201754546.772.98$1,626
Feb 201732250.452.95$951
Jan 201744549.413.42$1,521
Dec 201654948.763.72$2,044
Nov 201659942.492.64$1,584
Oct 201663746.193.09$1,969
Sep 201649741.553.10$1,541
Aug 201640641.442.92$1,187
Jul 201659841.622.92$1,749
Jun 201655645.352.69$1,493
May 201661242.521.99$1,219
Apr 201657536.561.99$1,145
Mar 201650133.011.79$899
Feb 201652726.472.06$1,088
Jan 201662527.352.36$1,478
Dec 201550432.362.00$1,009
Nov 201558138.792.17$1,259
Oct 201562443.552.43$1,514
Sep 201561042.992.76$1,683
Aug 201563040.162.87$1,810
Jul 201555048.152.95$1,620
Jun 201562056.152.88$1,787
May 201547955.212.96$1,416
Apr 201561349.822.71$1,659
Mar 201560442.892.93$1,773
Feb 201555544.662.98$1,652
Jan 201551843.433.10$1,606
Dec 201457654.693.59$2,069
Nov 201446770.464.25$1,986
Oct 201467478.303.90$2,629
Sep 201426886.164.05$1,084
Aug 201437989.394.04$1,529
Jul 201445496.564.18$1,898
Jun 201464598.164.74$3,055
May 201490394.734.73$4,268
Apr 201494995.944.81$4,564
Mar 20141,13595.895.06$5,739
Feb 201435597.406.19$2,198
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 1997023.483.54$0
Dec 1996023.32$0
Nov 1996021.97$0
Oct 1996023.31$0
Sep 1996022.22$0
Aug 1996020.26$0
Jul 1996019.55$0
Jun 1996018.73$0
May 1996019.43$0
Apr 1996021.51$0
Mar 1996019.38$0
Feb 1996016.98$0
Jan 1996017.07$0
Dec 1995017.19$0
Nov 1995016.00$0
Oct 1995015.43$0
Sep 1995016.18$0
Aug 1995015.92$0
Jul 1995015.24$0
Jun 1995016.41$0
May 1995017.56$0
Apr 1995017.73$0
Mar 1995016.44$0
Feb 1995016.58$0
Jan 1995015.92$0
Dec 1994015.03$0
Nov 1994015.90$0
Oct 1994015.58$0
Sep 1994015.29$0
Aug 1994016.13$0
Jul 1994017.56$0
Jun 1994017.09$0
May 1994015.88$0
Apr 19949,10714.14$0
Mar 199411,46812.46$0
Feb 199410,09912.50$0
Jan 199412,26312.66$0
Dec 199310,94912.33$0
Nov 199310,96014.49$0
Oct 199311,76115.85$0
Sep 199311,90015.03$0
Aug 199311,34615.66$0
Jul 199313,39015.46$0
Jun 199311,29216.79$0
May 199313,83717.68$0
Apr 199313,73118.05$0
Mar 199313,62618.14$0
Feb 199312,40717.90$0
Jan 199313,99216.93$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                   14 Mcf  × $  2.87 =        $40

────────────────────────────────────────────────────
Month total                                      $40

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/23498 is the state's own key, not one this site invented.