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 23502District 10Field 68831001GasSaveExport
Value, all time
$2.8 M
Jan 1993 – May 2026
Value, last 12 filed months
$38 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
GasProduction998,607 Mcf$2,792,196
Total$2,792,196

318,840 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 35.5362, -101.9396. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.53622, -101.93961 · 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

42-37500105A 25

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 202691398.932.87$2,620
Mar 202696289.753.15$3,030
Feb 202686863.503.75$3,255
Jan 202687559.138.00$6,998
Dec 202587756.664.41$3,871
Nov 202590658.593.93$3,557
Oct 202596759.383.30$3,196
Sep 202594862.743.08$2,917
Aug 202595663.933.01$2,882
Jul 202593666.743.32$3,103
Jun 202592466.483.13$2,891
May 202598260.553.23$3,174
Apr 202593362.363.54$3,306
Mar 202590667.704.27$3,867
Feb 202581870.884.34$3,551
Jan 202574774.324.28$3,196
Dec 202481968.993.12$2,556
Nov 202479569.052.20$1,748
Oct 202484971.372.28$1,937
Sep 202482669.612.36$1,953
Aug 202485775.632.06$1,769
Jul 202486379.932.15$1,853
Jun 202484278.082.63$2,218
May 202491278.812.20$2,005
Apr 202493484.451.66$1,550
Mar 202496180.301.55$1,485
Feb 202490276.091.78$1,609
Jan 202492773.023.30$3,057
Dec 202395471.262.61$2,491
Nov 202391477.892.81$2,566
Oct 202396485.443.09$2,976
Sep 202390489.042.74$2,472
Aug 202393280.522.67$2,491
Jul 202385074.852.64$2,246
Jun 202390668.962.26$2,046
May 202397170.622.23$2,163
Apr 202399778.122.24$2,231
Mar 20231,03772.852.39$2,482
Feb 202375175.112.47$1,852
Jan 202387576.533.39$2,964
Dec 202281076.415.73$4,641
Nov 202289385.005.65$5,042
Oct 20221,00687.185.86$5,899
Sep 20221,00684.888.16$8,213
Aug 20221,04894.529.13$9,565
Jul 20221,062101.587.54$8,010
Jun 20221,030115.097.98$8,217
May 20221,066109.378.43$8,990
Apr 20221,035104.226.84$7,077
Mar 2022985108.885.08$5,000
Feb 202273091.054.86$3,547
Jan 202289181.844.54$4,043
Dec 202195371.323.90$3,716
Nov 202196777.435.24$5,064
Oct 20211,03279.795.71$5,897
Sep 20211,03569.865.35$5,538
Aug 20211,09666.024.22$4,626
Jul 20211,13170.783.98$4,504
Jun 20211,16169.493.38$3,925
May 20211,25663.483.02$3,790
Apr 202167560.362.76$1,862
Mar 20211,14761.302.72$3,116
Feb 202161457.805.55$3,406
Jan 202146450.412.81$1,304
Dec 20201,02444.642.68$2,740
Nov 202098038.772.71$2,652
Oct 202097436.972.48$2,414
Sep 20201,07937.091.99$2,148
Aug 20201,11339.982.39$2,655
Jul 20201,12638.371.83$2,055
Jun 20201,12134.901.69$1,895
May 20201,19716.921.81$2,172
Apr 202097214.751.80$1,754
Mar 20201,11530.341.86$2,070
Feb 202092749.881.98$1,836
Jan 202095857.252.09$2,007
Dec 2019059.012.30$0
Nov 20191,03255.302.75$2,839
Oct 20191,07653.472.42$2,602
Sep 20191,04355.052.66$2,772
Aug 2019053.112.30$0
Jul 20191,13256.272.46$2,785
Jun 20191,13652.782.49$2,830
May 20191,23658.482.74$3,387
Apr 201985462.632.75$2,349
Mar 20191,09156.803.06$3,341
Feb 2019050.852.79$0
Jan 2019046.033.23$0
Dec 2018046.594.19$0
Nov 2018052.934.24$0
Oct 20181,01061.443.40$3,432
Sep 20181,07359.543.11$3,335
Aug 20181,12859.403.07$3,459
Jul 20181,16065.142.93$3,401
Jun 20181,19160.183.08$3,665
May 20181,33865.382.90$3,881
Apr 20181,42663.842.90$4,137
Mar 201836161.222.79$1,006
Feb 20181,41961.782.77$3,925
Jan 201832862.874.01$1,315
Dec 2017057.272.92$0
Nov 201745955.423.12$1,431
Oct 201770849.292.98$2,112
Sep 201779147.523.09$2,442
Aug 201712845.373.00$385
Jul 201765643.873.09$2,025
Jun 20171,34242.493.09$4,143
May 20177345.373.26$238
Apr 201775247.933.21$2,415
Mar 20171,15046.772.98$3,431
Feb 20171,04050.452.95$3,071
Jan 20171,09849.413.42$3,754
Dec 20161,08048.763.72$4,021
Nov 20161,12842.492.64$2,983
Oct 20161,20646.193.09$3,727
Sep 20161,17841.553.10$3,653
Aug 20161,09541.442.92$3,202
Jul 20161,21441.622.92$3,550
Jun 20161,15445.352.69$3,099
May 20161,22442.521.99$2,437
Apr 20161,11436.561.99$2,218
Mar 20161,19933.011.79$2,151
Feb 20161,09526.472.06$2,260
Jan 20161,18727.352.36$2,807
Dec 20151,21132.362.00$2,424
Nov 20151,01138.792.17$2,191
Oct 20151,15643.552.43$2,805
Sep 20151,22942.992.76$3,390
Aug 20151,26140.162.87$3,622
Jul 20151,29348.152.95$3,808
Jun 20151,31256.152.88$3,782
May 201580455.212.96$2,376
Apr 201585349.822.71$2,309
Mar 20151,24442.892.93$3,651
Feb 20151,09844.662.98$3,268
Jan 20151,10243.433.10$3,417
Dec 20141,24954.693.59$4,486
Nov 20141,24270.464.25$5,281
Oct 20141,16578.303.90$4,545
Sep 20141,19986.164.05$4,850
Aug 201496389.394.04$3,886
Jul 20141,33596.564.18$5,580
Jun 20141,25898.164.74$5,959
May 20141,32194.734.73$6,244
Apr 20141,37595.944.81$6,613
Mar 20141,11095.895.06$5,613
Feb 20141,16997.406.19$7,238
Jan 20141,29390.404.86$6,285
Dec 20131,15291.824.35$5,016
Nov 20131,20888.853.74$4,516
Oct 20131,33197.423.78$5,030
Sep 20131,301104.113.72$4,837
Aug 20131,353104.253.52$4,766
Jul 20131,397102.523.72$5,194
Jun 20131,37894.403.93$5,420
May 20131,25494.834.15$5,203
Apr 20131,32293.964.28$5,662
Mar 20131,36693.623.91$5,345
Feb 20131,21991.233.42$4,169
Jan 20131,36591.603.42$4,668
Dec 20121,29386.773.42$4,422
Nov 20121,31786.953.62$4,774
Oct 20121,36889.383.40$4,651
Sep 20121,30994.672.92$3,820
Aug 20121,25592.662.91$3,650
Jul 20121,30485.133.02$3,939
Jun 20121,68379.822.52$4,240
May 20121,42891.612.49$3,553
Apr 20121,424101.652.00$2,843
Mar 20121,548105.052.22$3,440
Feb 20121,457101.102.57$3,745
Jan 20121,55498.092.73$4,249
Dec 20111,48596.873.24$4,811
Nov 20111,51695.723.31$5,020
Oct 20111,65784.983.65$6,046
Sep 20111,64483.623.99$6,553
Aug 20111,70283.404.15$7,062
Jul 20111,68194.144.52$7,593
Jun 20111,53492.904.64$7,118
May 20111,83498.134.40$8,078
Apr 20111,961105.964.33$8,498
Mar 201174596.364.06$3,023
Feb 201152185.644.18$2,178
Jan 20111,59786.504.59$7,328
Dec 20101,63085.734.35$7,087
Nov 20101,64180.843.80$6,228
Oct 20101,74978.103.51$6,137
Sep 20101,72072.633.98$6,845
Aug 20101,81873.684.42$8,034
Jul 20101,91672.554.74$9,075
Jun 20101,20770.364.91$5,927
May 20101,78671.124.24$7,564
Apr 20101,79481.694.12$7,396
Mar 20101,81678.394.39$7,970
Feb 20101,45773.585.44$7,930
Jan 20101,76874.365.96$10,545
Dec 20091,70471.445.48$9,344
Nov 20091,62274.593.75$6,085
Oct 20091,74872.544.11$7,185
Sep 20091,75765.543.06$5,385
Aug 20091,81267.423.22$5,832
Jul 20091,81461.133.46$6,285
Jun 20091,71466.163.90$6,676
May 20091,84654.743.93$7,247
Apr 20091,77546.773.59$6,368
Mar 20091,81942.144.06$7,383
Feb 20091,64532.814.63$7,621
Jan 20091,76635.865.37$9,485
Dec 20081,71937.105.98$10,275
Nov 20081,75955.496.86$12,067
Oct 20081,92175.246.92$13,297
Sep 20081,924101.767.88$15,156
Aug 20081,948114.228.48$16,525
Jul 20082,112131.0811.39$24,054
Jun 20082,183131.3313.03$28,450
May 20081,492123.1711.57$17,269
Apr 20081,734110.3110.45$18,129
Mar 20081,858101.909.66$17,956
Feb 20081,80092.538.77$15,787
Jan 20081,81490.388.21$14,885
Dec 20071,66488.337.30$12,150
Nov 20071,96191.677.29$14,299
Oct 20072,20682.856.92$15,270
Sep 20071,58575.846.24$9,897
Aug 20072,19369.066.39$14,009
Jul 20072,13270.906.39$13,619
Jun 20072,19462.007.55$16,561
May 20072,16958.747.85$17,019
Apr 20071,77759.617.81$13,870
Mar 20072,32056.927.30$16,941
Feb 20072,07755.108.22$17,065
Jan 20072,38650.306.73$16,050
Dec 20062,69256.656.92$18,624
Nov 20061,14754.207.62$8,737
Oct 20061,97854.906.01$11,895
Sep 20062,00360.085.04$10,090
Aug 20061,97668.717.34$14,504
Jul 20062,27669.376.34$14,436
Jun 20061,98966.286.38$12,698
May 20062,19366.016.42$14,090
Apr 20062,26764.397.36$16,686
Mar 20062,35656.707.08$16,687
Feb 20061,78657.597.75$13,844
Jan 20062,27760.598.93$20,341
Dec 20052,13754.9413.42$28,669
Nov 20052,26954.6910.59$24,025
Oct 20052,44358.3413.80$33,703
Sep 20052,60461.4512.08$31,454
Aug 20052,50561.519.80$24,541
Jul 20051,87555.697.84$14,707
Jun 2005052.337.38$0
May 200592845.226.65$6,172
Apr 20052,09249.207.36$15,398
Mar 20052,00450.377.15$14,338
Feb 20051,90345.226.31$12,012
Jan 20051,97043.166.32$12,455
Dec 20041,95839.866.75$13,219
Nov 20042,02445.286.33$12,813
Oct 20042,22049.706.52$14,464
Sep 20042,20743.245.28$11,662
Aug 20042,18842.375.55$12,145
Jul 20042,20338.286.08$13,403
Jun 20042,12636.106.43$13,677
May 20041,88237.486.49$12,223
Apr 20042,03134.475.86$11,899
Mar 20042,24434.365.53$12,410
Feb 20042,17932.455.51$12,005
Jan 20042,35632.036.30$14,842
Dec 20032,06830.266.30$13,032
Nov 20032,32028.804.60$10,661
Oct 20031,97528.174.76$9,400
Sep 20032,04426.314.75$9,708
Aug 20032,24229.765.13$11,501
Jul 20032,40329.415.17$12,426
Jun 20032,03628.565.98$12,181
May 20032,35026.595.97$14,036
Apr 20032,07526.675.41$11,220
Mar 20032,61431.146.10$15,935
Feb 20031,62833.487.93$12,903
Jan 20032,58330.315.58$14,418
Dec 20022,52626.914.85$12,261
Nov 20022,72024.664.14$11,253
Oct 20023,36726.464.23$14,239
Sep 20023,47727.443.64$12,640
Aug 20022,86325.963.16$9,059
Jul 20022,32324.583.06$7,112
Jun 20021,63023.733.34$5,441
May 20022,21124.663.58$7,924
Apr 20022,90823.653.51$10,214
Mar 20023,09022.003.10$9,587
Feb 20022,78518.222.38$6,616
Jan 20023,16417.172.38$7,517
Dec 20012,93816.932.36$6,947
Nov 20013,38918.072.41$8,152
Oct 20013,34719.782.53$8,464
Sep 20012,87424.262.25$6,470
Aug 20013,26424.873.05$9,966
Jul 20013,62723.933.20$11,596
Jun 20013,09324.563.82$11,828
May 20013,46125.524.31$14,908
Apr 20013,24024.685.34$17,286
Mar 20013,65024.545.38$19,624
Feb 20013,63127.755.77$20,940
Jan 20012,93327.478.40$24,634
Dec 20002,90026.889.12$26,455
Nov 20003,43032.215.66$19,407
Oct 20003,79431.235.15$19,522
Sep 20003,10131.875.19$16,083
Aug 20003,96729.644.54$18,013
Jul 20004,08428.534.09$16,703
Jun 20003,48529.304.40$15,324
May 20004,08927.263.68$15,047
Apr 20003,63224.513.12$11,317
Mar 20003,82128.422.86$10,927
Feb 20004,03127.622.73$10,991
Jan 20004,49425.272.48$11,147
Dec 19994,17124.282.42$10,109
Nov 19994,40423.192.43$10,719
Oct 19994,23020.982.80$11,860
Sep 19994,61121.752.62$12,076
Aug 19994,91119.262.88$14,122
Jul 19994,92617.892.37$11,686
Jun 19994,76415.942.36$11,253
May 19994,88315.792.32$11,334
Apr 19994,78515.102.21$10,566
Mar 19995,47612.471.84$10,067
Feb 19994,9029.981.82$8,911
Jan 19995,05010.381.90$9,595
Dec 19985,6959.201.77$10,099
Nov 19986,08210.892.19$13,294
Oct 19986,22412.421.97$12,256
Sep 19986,33412.592.08$13,191
Aug 19986,59811.301.91$12,585
Jul 19986,74911.742.24$15,099
Jun 19986,06511.242.24$13,569
May 19986,09312.622.21$13,443
Apr 19986,97513.042.51$17,475
Mar 19987,87112.802.31$18,178
Feb 19987,39913.952.30$17,011
Jan 19989,77614.702.15$21,065
Dec 19974,03616.322.41$9,731
Nov 19972,35818.193.09$7,282
Oct 199775019.253.15$2,362
Sep 19972,12517.742.95$6,279
Aug 19974,62517.862.55$11,816
Jul 19973,44817.582.25$7,747
Jun 19975,13417.242.26$11,588
May 19974,88018.972.31$11,265
Apr 19974,43717.882.08$9,241
Mar 19974,40018.951.94$8,532
Feb 19973,48720.492.21$7,692
Jan 19974,33623.483.54$15,348
Dec 19964,36423.32$0
Nov 199622021.97$0
Oct 199699823.31$0
Sep 19961,63522.22$0
Aug 19963,30520.26$0
Jul 19966,04519.55$0
Jun 19966,67718.73$0
May 19967,00419.43$0
Apr 19967,88821.51$0
Mar 19964,93419.38$0
Feb 19963,82216.98$0
Jan 19964,88717.07$0
Dec 19955,76517.19$0
Nov 19956,27916.00$0
Oct 19957,61215.43$0
Sep 19954,58516.18$0
Aug 19957,60115.92$0
Jul 19957,81215.24$0
Jun 19955,64316.41$0
May 19955,63617.56$0
Apr 19956,62117.73$0
Mar 19956,59416.44$0
Feb 19953,46216.58$0
Jan 19956,05915.92$0
Dec 19947,53815.03$0
Nov 19947,62515.90$0
Oct 19949,83315.58$0
Sep 19948,56115.29$0
Aug 19947,14116.13$0
Jul 19947,01917.56$0
Jun 19944,48917.09$0
May 19945,41215.88$0
Apr 19944,77414.14$0
Mar 19944,94812.46$0
Feb 19947,12912.50$0
Jan 19947,73412.66$0
Dec 19938,65912.33$0
Nov 19938,37714.49$0
Oct 19939,37615.85$0
Sep 19938,14615.03$0
Aug 19937,76615.66$0
Jul 19939,21515.46$0
Jun 199310,43216.79$0
May 199310,37417.68$0
Apr 19939,20518.05$0
Mar 199310,53518.14$0
Feb 19939,69217.90$0
Jan 19939,41216.93$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                  913 Mcf  × $  2.87 =     $2,620

────────────────────────────────────────────────────
Month total                                   $2,620

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/23502 is the state's own key, not one this site invented.