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 23503District 10Field 68831001GasSaveExport
Value, all time
$2.5 M
Jan 1993 – May 2026
Value, last 12 filed months
$31 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
GasProduction1,069,648 Mcf$2,527,476
Total$2,527,476

415,947 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 35.5368, -101.9581. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.53680, -101.95812 · 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
3,157 ft
1 wells filed one
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.

How deep they were drilled

The one well that filed a depth was drilled to 3,157 ft.

Completions filed
Feb 2006
1 of 1 wells

1 well

42-37500314A 263,157 ftFeb 2006

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 202676498.932.87$2,192
Mar 202679289.753.15$2,494
Feb 202670263.503.75$2,633
Jan 202673559.138.00$5,878
Dec 202573456.664.41$3,239
Nov 202572558.593.93$2,847
Oct 202576259.383.30$2,518
Sep 202574462.743.08$2,289
Aug 202570163.933.01$2,113
Jul 202573266.743.32$2,427
Jun 202572866.483.13$2,278
May 202574860.553.23$2,418
Apr 202571462.363.54$2,530
Mar 202567767.704.27$2,890
Feb 202570370.884.34$3,052
Jan 202567374.324.28$2,880
Dec 202466868.993.12$2,085
Nov 202466369.052.20$1,458
Oct 202468471.372.28$1,560
Sep 202464569.612.36$1,525
Aug 202467475.632.06$1,391
Jul 202469679.932.15$1,494
Jun 202471178.082.63$1,873
May 202475278.812.20$1,653
Apr 202473084.451.66$1,211
Mar 202475880.301.55$1,171
Feb 202469776.091.78$1,243
Jan 202462973.023.30$2,074
Dec 202371571.262.61$1,867
Nov 202375277.892.81$2,111
Oct 202373485.443.09$2,266
Sep 202371889.042.74$1,964
Aug 202375180.522.67$2,007
Jul 202350574.852.64$1,334
Jun 202378668.962.26$1,775
May 202384570.622.23$1,882
Apr 202381178.122.24$1,815
Mar 202384172.852.39$2,013
Feb 202366975.112.47$1,650
Jan 202382076.533.39$2,778
Dec 202275276.415.73$4,308
Nov 202279885.005.65$4,506
Oct 202284087.185.86$4,926
Sep 202283484.888.16$6,809
Aug 202288294.529.13$8,050
Jul 2022881101.587.54$6,645
Jun 2022842115.097.98$6,717
May 2022882109.378.43$7,438
Apr 2022828104.226.84$5,662
Mar 2022838108.885.08$4,254
Feb 202272291.054.86$3,508
Jan 202281781.844.54$3,707
Dec 202180571.323.90$3,139
Nov 202181977.435.24$4,289
Oct 202187379.795.71$4,988
Sep 202182769.865.35$4,425
Aug 202190166.024.22$3,803
Jul 202191570.783.98$3,644
Jun 202187169.493.38$2,945
May 202196263.483.02$2,903
Apr 202155160.362.76$1,520
Mar 202185961.302.72$2,334
Feb 202133557.805.55$1,859
Jan 202139650.412.81$1,113
Dec 202077144.642.68$2,063
Nov 202081138.772.71$2,195
Oct 202070936.972.48$1,757
Sep 202074337.091.99$1,479
Aug 202059239.982.39$1,412
Jul 202071338.371.83$1,301
Jun 202089334.901.69$1,509
May 202075916.921.81$1,377
Apr 202047714.751.80$861
Mar 202078030.341.86$1,448
Feb 202072849.881.98$1,442
Jan 202070057.252.09$1,466
Dec 2019059.012.30$0
Nov 201965355.302.75$1,796
Oct 201965853.472.42$1,591
Sep 201951955.052.66$1,379
Aug 2019053.112.30$0
Jul 201943856.272.46$1,078
Jun 201956352.782.49$1,403
May 201969658.482.74$1,907
Apr 201974362.632.75$2,044
Mar 201983056.803.06$2,542
Feb 2019050.852.79$0
Jan 2019046.033.23$0
Dec 2018046.594.19$0
Nov 2018052.934.24$0
Oct 201891461.443.40$3,106
Sep 201890059.543.11$2,797
Aug 201897959.403.07$3,002
Jul 201898165.142.93$2,876
Jun 201892560.183.08$2,846
May 20181,01365.382.90$2,939
Apr 20181,14363.842.90$3,316
Mar 201826561.222.79$739
Feb 201892361.782.77$2,553
Jan 20181,08362.874.01$4,342
Dec 20171,14657.272.92$3,348
Nov 20171,12555.423.12$3,508
Oct 201765749.292.98$1,960
Sep 201764747.523.09$1,997
Aug 20177545.373.00$225
Jul 201744143.873.09$1,361
Jun 201798942.493.09$3,053
May 2017045.373.26$0
Apr 201781747.933.21$2,624
Mar 20171,01246.772.98$3,019
Feb 201791350.452.95$2,696
Jan 20171,01049.413.42$3,453
Dec 201692048.763.72$3,425
Nov 20161,04142.492.64$2,753
Oct 20161,09146.193.09$3,371
Sep 20161,05441.553.10$3,268
Aug 20161,03641.442.92$3,030
Jul 201670041.622.92$2,047
Jun 20161,01745.352.69$2,731
May 20161,04542.521.99$2,081
Apr 20161,02236.561.99$2,035
Mar 20161,06933.011.79$1,918
Feb 201694326.472.06$1,946
Jan 201695027.352.36$2,246
Dec 20151,06432.362.00$2,130
Nov 20151,06038.792.17$2,297
Oct 20151,03143.552.43$2,502
Sep 20151,04442.992.76$2,880
Aug 20151,11140.162.87$3,191
Jul 20151,11248.152.95$3,275
Jun 20151,09856.152.88$3,165
May 201576955.212.96$2,273
Apr 20151,09049.822.71$2,950
Mar 201597842.892.93$2,870
Feb 201562644.662.98$1,863
Jan 201520843.433.10$645
Dec 20141,06854.693.59$3,836
Nov 201495270.464.25$4,048
Oct 201474578.303.90$2,906
Sep 201435786.164.05$1,444
Aug 201483389.394.04$3,361
Jul 20141,14096.564.18$4,765
Jun 20141,09898.164.74$5,201
May 20141,10694.734.73$5,228
Apr 20141,06895.944.81$5,136
Mar 20141,11995.895.06$5,659
Feb 201488197.406.19$5,455
Jan 20141,12090.404.86$5,444
Dec 201398391.824.35$4,280
Nov 20131,05188.853.74$3,929
Oct 20131,13097.423.78$4,271
Sep 20131,214104.113.72$4,513
Aug 20131,303104.253.52$4,590
Jul 20131,288102.523.72$4,788
Jun 20131,28694.403.93$5,058
May 20131,18594.834.15$4,917
Apr 20131,24393.964.28$5,323
Mar 20131,22393.623.91$4,785
Feb 20131,08691.233.42$3,714
Jan 20131,20891.603.42$4,131
Dec 20121,14786.773.42$3,923
Nov 20121,28886.953.62$4,669
Oct 20121,15089.383.40$3,910
Sep 20121,27294.672.92$3,712
Aug 20121,33692.662.91$3,885
Jul 20121,35285.133.02$4,084
Jun 20121,29579.822.52$3,262
May 20121,24491.612.49$3,095
Apr 20121,282101.652.00$2,560
Mar 20121,342105.052.22$2,982
Feb 20121,197101.102.57$3,077
Jan 20121,27198.092.73$3,475
Dec 20111,09696.873.24$3,551
Nov 20111,29695.723.31$4,291
Oct 20111,38584.983.65$5,053
Sep 20111,37183.623.99$5,465
Aug 20111,39683.404.15$5,792
Jul 20111,28594.144.52$5,805
Jun 201165392.904.64$3,030
May 201197098.134.40$4,273
Apr 20111,036105.964.33$4,489
Mar 201139496.364.06$1,599
Feb 201141385.644.18$1,726
Jan 20111,14086.504.59$5,231
Dec 20101,28085.734.35$5,565
Nov 20101,32880.843.80$5,040
Oct 20101,44078.103.51$5,053
Sep 20101,41372.633.98$5,623
Aug 20101,45273.684.42$6,417
Jul 20101,48272.554.74$7,019
Jun 201075670.364.91$3,712
May 20101,30771.124.24$5,535
Apr 20101,50181.694.12$6,188
Mar 20101,18078.394.39$5,179
Feb 20101,26373.585.44$6,874
Jan 20101,50974.365.96$9,000
Dec 20091,36471.445.48$7,480
Nov 20091,51074.593.75$5,665
Oct 20091,57372.544.11$6,465
Sep 20091,58565.543.06$4,858
Aug 20091,53667.423.22$4,944
Jul 20091,61761.133.46$5,602
Jun 200998566.163.90$3,837
May 20091,62554.743.93$6,379
Apr 20091,60846.773.59$5,769
Mar 20091,60842.144.06$6,527
Feb 20091,35732.814.63$6,287
Jan 20091,49235.865.37$8,014
Dec 20081,52437.105.98$9,109
Nov 20081,45755.496.86$9,996
Oct 20081,58075.246.92$10,937
Sep 20081,490101.767.88$11,737
Aug 20081,601114.228.48$13,581
Jul 20081,617131.0811.39$18,417
Jun 20081,506131.3313.03$19,627
May 20081,522123.1711.57$17,616
Apr 20081,473110.3110.45$15,400
Mar 20081,372101.909.66$13,259
Feb 20081,37492.538.77$12,051
Jan 20081,53390.388.21$12,579
Dec 20071,37688.337.30$10,048
Nov 20071,14691.677.29$8,356
Oct 20071,11382.856.92$7,704
Sep 20071,04475.846.24$6,519
Aug 20071,21569.066.39$7,761
Jul 20071,38670.906.39$8,854
Jun 20071,43062.007.55$10,794
May 20071,27458.747.85$9,996
Apr 200792359.617.81$7,204
Mar 20071,41456.927.30$10,325
Feb 20071,57355.108.22$12,924
Jan 20071,70850.306.73$11,489
Dec 20061,69456.656.92$11,720
Nov 20061,76254.207.62$13,422
Oct 20061,96854.906.01$11,835
Sep 20061,71460.085.04$8,634
Aug 20061,73868.717.34$12,757
Jul 20061,91269.376.34$12,127
Jun 20061,84666.286.38$11,785
May 20061,87966.016.42$12,073
Apr 20061,90464.397.36$14,014
Mar 20062,53556.707.08$17,955
Feb 200689857.597.75$6,961
Jan 2006060.598.93$0
Dec 2005154.9413.42$13
Nov 200558654.6910.59$6,205
Oct 20051,76158.3413.80$24,294
Sep 20051,96661.4512.08$23,747
Aug 20051,98861.519.80$19,476
Jul 20051,51155.697.84$11,852
Jun 2005052.337.38$0
May 200585345.226.65$5,673
Apr 20051,81949.207.36$13,389
Mar 20051,89850.377.15$13,580
Feb 20051,70345.226.31$10,749
Jan 20051,85443.166.32$11,721
Dec 20041,91139.866.75$12,901
Nov 20041,98445.286.33$12,560
Oct 20042,11149.706.52$13,753
Sep 20042,03643.245.28$10,758
Aug 20042,21842.375.55$12,311
Jul 20042,01838.286.08$12,278
Jun 20041,72436.106.43$11,091
May 20041,64937.486.49$10,710
Apr 20041,96134.475.86$11,488
Mar 20042,23134.365.53$12,338
Feb 20042,18532.455.51$12,039
Jan 20042,57332.036.30$16,209
Dec 20032,57630.266.30$16,233
Nov 20032,64028.804.60$12,131
Oct 20032,33528.174.76$11,114
Sep 20032,35526.314.75$11,185
Aug 20032,36929.765.13$12,152
Jul 20032,45929.415.17$12,715
Jun 20032,05128.565.98$12,271
May 20032,47026.595.97$14,753
Apr 20031,99826.675.41$10,804
Mar 20032,45531.146.10$14,966
Feb 20031,04633.487.93$8,290
Jan 20032,59130.315.58$14,463
Dec 20022,57126.914.85$12,479
Nov 20022,57224.664.14$10,640
Oct 20022,62126.464.23$11,085
Sep 20022,65827.443.64$9,662
Aug 20022,70625.963.16$8,562
Jul 20022,77424.583.06$8,493
Jun 20022,48623.733.34$8,299
May 20022,93724.663.58$10,526
Apr 20022,67123.653.51$9,381
Mar 20022,90622.003.10$9,017
Feb 20022,91518.222.38$6,925
Jan 20022,44217.172.38$5,801
Dec 20012,83516.932.36$6,703
Nov 20012,86618.072.41$6,894
Oct 20012,54519.782.53$6,436
Sep 20012,39824.262.25$5,399
Aug 20012,88324.873.05$8,802
Jul 20012,74923.933.20$8,789
Jun 20012,40724.563.82$9,205
May 20012,93425.524.31$12,638
Apr 20013,10824.685.34$16,582
Mar 20013,20024.545.38$17,205
Feb 20013,11527.755.77$17,964
Jan 20013,48627.478.40$29,278
Dec 20003,38626.889.12$30,889
Nov 20003,20532.215.66$18,134
Oct 20003,41031.235.15$17,546
Sep 20003,20931.875.19$16,643
Aug 20003,57529.644.54$16,233
Jul 20003,53828.534.09$14,470
Jun 20003,26729.304.40$14,366
May 20003,70927.263.68$13,648
Apr 20003,48724.513.12$10,865
Mar 20003,53528.422.86$10,109
Feb 20003,53627.622.73$9,641
Jan 20004,18525.272.48$10,381
Dec 19993,90124.282.42$9,455
Nov 19994,37723.192.43$10,654
Oct 19994,11220.982.80$11,529
Sep 19994,44121.752.62$11,630
Aug 19994,72319.262.88$13,581
Jul 19994,84117.892.37$11,485
Jun 19994,73415.942.36$11,182
May 19994,85615.792.32$11,271
Apr 19994,75015.102.21$10,488
Mar 19995,11112.471.84$9,396
Feb 19995,0969.981.82$9,263
Jan 19994,87310.381.90$9,258
Dec 19985,6039.201.77$9,936
Nov 19985,65810.892.19$12,367
Oct 19985,87912.421.97$11,577
Sep 19986,44612.592.08$13,425
Aug 19986,43611.301.91$12,276
Jul 19985,50911.742.24$12,325
Jun 19985,29411.242.24$11,844
May 19985,79912.622.21$12,795
Apr 19986,33013.042.51$15,859
Mar 19986,90912.802.31$15,956
Feb 19986,35313.952.30$14,606
Jan 19987,47514.702.15$16,107
Dec 19977,84216.322.41$18,908
Nov 19977,96218.193.09$24,589
Oct 19979,93719.253.15$31,300
Sep 199710,20317.742.95$30,149
Aug 199710,05917.862.55$25,698
Jul 19979,69617.582.25$21,786
Jun 19977,52817.242.26$16,992
May 19978,64018.972.31$19,945
Apr 19978,00617.882.08$16,675
Mar 19978,90918.951.94$17,276
Feb 19977,42820.492.21$16,385
Jan 19977,97123.483.54$28,215
Dec 19968,43823.32$0
Nov 19967,16721.97$0
Oct 199610,26823.31$0
Sep 19969,72422.22$0
Aug 199611,69820.26$0
Jul 199611,92419.55$0
Jun 19969,38918.73$0
May 19968,27819.43$0
Apr 19966,95021.51$0
Mar 19965,38719.38$0
Feb 19965,92716.98$0
Jan 19966,02317.07$0
Dec 19955,44217.19$0
Nov 19956,29116.00$0
Oct 19958,87315.43$0
Sep 19958,15216.18$0
Aug 19958,80215.92$0
Jul 19957,76015.24$0
Jun 19954,70316.41$0
May 19954,55217.56$0
Apr 19955,37117.73$0
Mar 19954,93216.44$0
Feb 19953,60616.58$0
Jan 19956,11315.92$0
Dec 19948,59215.03$0
Nov 19949,59215.90$0
Oct 199410,49215.58$0
Sep 19948,25415.29$0
Aug 19947,84016.13$0
Jul 19947,55617.56$0
Jun 19947,64117.09$0
May 19946,19115.88$0
Apr 19946,71614.14$0
Mar 19949,51612.46$0
Feb 19948,95412.50$0
Jan 199410,28012.66$0
Dec 19939,92112.33$0
Nov 199311,05714.49$0
Oct 199311,98015.85$0
Sep 199311,53115.03$0
Aug 199312,51515.66$0
Jul 199312,96715.46$0
Jun 199311,54816.79$0
May 199310,18217.68$0
Apr 199311,69618.05$0
Mar 199311,90018.14$0
Feb 199311,13617.90$0
Jan 199312,12016.93$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                  764 Mcf  × $  2.87 =     $2,192

────────────────────────────────────────────────────
Month total                                   $2,192

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/23503 is the state's own key, not one this site invented.