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 23507District 10Field 68831001NGPA filingGasSaveExport
Value, all time
$8.4 M
Jan 1993 – May 2026
Value, last 12 filed months
$57 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.

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
GasProduction2,952,402 Mcf$8,448,151
Total$8,448,151

924,583 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 35.6310, -101.9038. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.63098, -101.90376 · 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
3,300 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 3,300 ft.

Completions filed
Jun 2000
1 of 1 wells

1 well

42-34100746A 313,300 ftJun 2000

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 20261,22498.932.87$3,513
Mar 20261,27489.753.15$4,012
Feb 20261,10863.503.75$4,155
Jan 20261,21559.138.00$9,717
Dec 20251,14556.664.41$5,053
Nov 20251,24858.593.93$4,900
Oct 20251,65059.383.30$5,453
Sep 20251,62962.743.08$5,012
Aug 20251,58363.933.01$4,772
Jul 20251,72366.743.32$5,712
Jun 20251,59666.483.13$4,993
May 20251,63260.553.23$5,275
Apr 20251,28962.363.54$4,567
Mar 20251,11067.704.27$4,738
Feb 20251,15370.884.34$5,005
Jan 20251,34074.324.28$5,733
Dec 20241,62568.993.12$5,072
Nov 20241,58969.052.20$3,493
Oct 20241,66571.372.28$3,799
Sep 20241,67569.612.36$3,960
Aug 20241,80475.632.06$3,723
Jul 20241,88779.932.15$4,051
Jun 20241,84378.082.63$4,854
May 20241,91078.812.20$4,199
Apr 20241,64884.451.66$2,734
Mar 20241,52380.301.55$2,353
Feb 20241,40676.091.78$2,508
Jan 20241,26373.023.30$4,165
Dec 20231,25771.262.61$3,282
Nov 20231,23477.892.81$3,465
Oct 20231,35885.443.09$4,193
Sep 20231,35289.042.74$3,698
Aug 20231,41080.522.67$3,769
Jul 20231,57174.852.64$4,150
Jun 20231,34268.962.26$3,031
May 20231,40370.622.23$3,125
Apr 20231,29278.122.24$2,891
Mar 20231,26772.852.39$3,032
Feb 20231,08875.112.47$2,683
Jan 20231,27376.533.39$4,313
Dec 20221,13876.415.73$6,520
Nov 20221,32385.005.65$7,470
Oct 20221,30287.185.86$7,635
Sep 20221,32984.888.16$10,850
Aug 20221,37994.529.13$12,586
Jul 20221,280101.587.54$9,654
Jun 20221,218115.097.98$9,716
May 20221,520109.378.43$12,818
Apr 20221,740104.226.84$11,897
Mar 20221,802108.885.08$9,148
Feb 20221,59291.054.86$7,735
Jan 20221,66581.844.54$7,555
Dec 20211,80771.323.90$7,046
Nov 20211,77877.435.24$9,311
Oct 20211,88679.795.71$10,776
Sep 20211,76469.865.35$9,439
Aug 20211,94466.024.22$8,205
Jul 20211,84570.783.98$7,347
Jun 20211,92669.493.38$6,511
May 20212,04163.483.02$6,159
Apr 202183960.362.76$2,314
Mar 20211,28761.302.72$3,497
Feb 202180357.805.55$4,455
Jan 20211,64950.412.81$4,634
Dec 20201,62544.642.68$4,348
Nov 20201,54538.772.71$4,182
Oct 20201,58436.972.48$3,926
Sep 20201,78637.091.99$3,556
Aug 20201,81039.982.39$4,317
Jul 20201,91438.371.83$3,493
Jun 20201,83034.901.69$3,093
May 20201,92016.921.81$3,484
Apr 20201,79614.751.80$3,241
Mar 20201,77630.341.86$3,297
Feb 20201,54849.881.98$3,066
Jan 20201,82157.252.09$3,815
Dec 2019059.012.30$0
Nov 20191,77455.302.75$4,880
Oct 20191,86653.472.42$4,513
Sep 20191,88055.052.66$4,996
Aug 2019053.112.30$0
Jul 20191,96656.272.46$4,836
Jun 20191,89752.782.49$4,726
May 20191,94458.482.74$5,327
Apr 20191,78062.632.75$4,896
Mar 20191,84456.803.06$5,647
Feb 2019050.852.79$0
Jan 2019046.033.23$0
Dec 2018046.594.19$0
Nov 2018052.934.24$0
Oct 20182,09461.443.40$7,116
Sep 20182,08559.543.11$6,480
Aug 20182,18259.403.07$6,691
Jul 20182,19065.142.93$6,421
Jun 20182,21460.183.08$6,812
May 20182,32465.382.90$6,741
Apr 20181,68763.842.90$4,894
Mar 201843261.222.79$1,204
Feb 20181,81061.782.77$5,007
Jan 20182,11462.874.01$8,476
Dec 20172,16357.272.92$6,319
Nov 20172,24455.423.12$6,998
Oct 20171,25949.292.98$3,756
Sep 20171,15447.523.09$3,563
Aug 20171,82145.373.00$5,471
Jul 20171,92943.873.09$5,955
Jun 20172,08642.493.09$6,440
May 20172,22845.373.26$7,271
Apr 20172,11647.933.21$6,796
Mar 20172,23546.772.98$6,669
Feb 20171,99650.452.95$5,893
Jan 20172,11649.413.42$7,234
Dec 20162,22748.763.72$8,291
Nov 20162,20442.492.64$5,828
Oct 20162,32446.193.09$7,182
Sep 20162,25041.553.10$6,976
Aug 20162,19641.442.92$6,422
Jul 20162,46841.622.92$7,217
Jun 20162,39545.352.69$6,433
May 20162,38642.521.99$4,751
Apr 20162,44836.561.99$4,874
Mar 20162,48033.011.79$4,449
Feb 20162,34226.472.06$4,833
Jan 20162,55527.352.36$6,041
Dec 20152,51132.362.00$5,026
Nov 20152,43338.792.17$5,273
Oct 20152,54143.552.43$6,166
Sep 20152,53542.992.76$6,993
Aug 20152,57740.162.87$7,402
Jul 20152,63848.152.95$7,769
Jun 20152,48056.152.88$7,149
May 20151,98155.212.96$5,855
Apr 20152,45749.822.71$6,650
Mar 20152,70042.892.93$7,924
Feb 20152,44444.662.98$7,274
Jan 20152,33243.433.10$7,231
Dec 20142,80454.693.59$10,070
Nov 20142,75570.464.25$11,714
Oct 20142,68578.303.90$10,474
Sep 20142,53886.164.05$10,267
Aug 20142,03589.394.04$8,211
Jul 20142,89296.564.18$12,087
Jun 20142,75398.164.74$13,041
May 20142,91694.734.73$13,783
Apr 20142,85895.944.81$13,744
Mar 20142,98195.895.06$15,074
Feb 20142,71697.406.19$16,817
Jan 20142,98990.404.86$14,529
Dec 20133,00891.824.35$13,098
Nov 20132,92388.853.74$10,927
Oct 20133,09597.423.78$11,697
Sep 20133,084104.113.72$11,466
Aug 20133,229104.253.52$11,375
Jul 20133,260102.523.72$12,120
Jun 20133,22294.403.93$12,673
May 20132,91294.834.15$12,082
Apr 20133,09993.964.28$13,272
Mar 20133,31893.623.91$12,983
Feb 20132,95791.233.42$10,113
Jan 20133,25091.603.42$11,115
Dec 20123,35186.773.42$11,461
Nov 20123,54086.953.62$12,832
Oct 20123,51289.383.40$11,940
Sep 20123,17994.672.92$9,278
Aug 20123,34392.662.91$9,722
Jul 20123,31785.133.02$10,020
Jun 20123,09379.822.52$7,791
May 20123,27191.612.49$8,139
Apr 20123,460101.652.00$6,909
Mar 20123,545105.052.22$7,877
Feb 20123,354101.102.57$8,621
Jan 20123,51898.092.73$9,618
Dec 20113,29496.873.24$10,672
Nov 20113,21995.723.31$10,659
Oct 20113,48084.983.65$12,697
Sep 20113,48183.623.99$13,875
Aug 20113,71583.404.15$15,415
Jul 20113,42594.144.52$15,472
Jun 20113,55892.904.64$16,509
May 20113,68198.134.40$16,214
Apr 20113,488105.964.33$15,114
Mar 20113,62496.364.06$14,704
Feb 20113,08785.644.18$12,904
Jan 20113,78386.504.59$17,359
Dec 20103,86385.734.35$16,795
Nov 20103,71380.843.80$14,092
Oct 20103,90278.103.51$13,692
Sep 20103,88172.633.98$15,444
Aug 20103,99473.684.42$17,651
Jul 20104,05072.554.74$19,183
Jun 20103,84670.364.91$18,885
May 20103,80571.124.24$16,115
Apr 20104,00281.694.12$16,499
Mar 20104,09278.394.39$17,958
Feb 20103,60573.585.44$19,620
Jan 20104,10574.365.96$24,483
Dec 20094,09371.445.48$22,445
Nov 20094,18974.593.75$15,715
Oct 20094,34472.544.11$17,855
Sep 20094,40065.543.06$13,485
Aug 20094,66667.423.22$15,018
Jul 20094,72761.133.46$16,377
Jun 20094,69566.163.90$18,287
May 20094,67454.743.93$18,349
Apr 20094,74946.773.59$17,037
Mar 20094,74842.144.06$19,272
Feb 20094,42732.814.63$20,510
Jan 20094,90535.865.37$26,345
Dec 20084,91137.105.98$29,354
Nov 20084,61155.496.86$31,633
Oct 20084,88475.246.92$33,807
Sep 20084,851101.767.88$38,212
Aug 20085,116114.228.48$43,399
Jul 20085,190131.0811.39$59,111
Jun 20085,068131.3313.03$66,049
May 20084,987123.1711.57$57,721
Apr 20084,958110.3110.45$51,835
Mar 20085,121101.909.66$49,490
Feb 20084,76992.538.77$41,827
Jan 20085,09390.388.21$41,792
Dec 20075,02488.337.30$36,685
Nov 20075,02491.677.29$36,634
Oct 20075,35982.856.92$37,095
Sep 20075,40275.846.24$33,731
Aug 20075,75069.066.39$36,731
Jul 20075,84270.906.39$37,318
Jun 20075,77662.007.55$43,600
May 20075,78458.747.85$45,383
Apr 20075,86459.617.81$45,770
Mar 20076,18156.927.30$45,133
Feb 20075,56655.108.22$45,730
Jan 20076,06850.306.73$40,819
Dec 20066,03856.656.92$41,774
Nov 20065,33854.207.62$40,662
Oct 20066,26454.906.01$37,670
Sep 20066,24860.085.04$31,472
Aug 20066,48368.717.34$47,585
Jul 20066,68969.376.34$42,427
Jun 20066,59966.286.38$42,127
May 20066,58366.016.42$42,296
Apr 20066,62164.397.36$48,734
Mar 20066,94656.707.08$49,198
Feb 20066,32957.597.75$49,057
Jan 20067,53860.598.93$67,339
Dec 20054,81054.9413.42$64,528
Nov 20053,22054.6910.59$34,095
Oct 20057,50558.3413.80$103,537
Sep 20057,64061.4512.08$92,284
Aug 20058,44661.519.80$82,744
Jul 20055,82155.697.84$45,658
Jun 2005052.337.38$0
May 20053,21745.226.65$21,397
Apr 20056,93049.207.36$51,008
Mar 20057,13650.377.15$51,057
Feb 20056,53645.226.31$41,255
Jan 20057,15143.166.32$45,210
Dec 20047,30839.866.75$49,337
Nov 20047,10445.286.33$44,971
Oct 20047,60849.706.52$49,567
Sep 20047,77743.245.28$41,093
Aug 20048,22942.375.55$45,676
Jul 20047,83038.286.08$47,639
Jun 20048,29536.106.43$53,362
May 20048,00937.486.49$52,015
Apr 20047,46934.475.86$43,757
Mar 20048,40934.365.53$46,503
Feb 20047,82332.455.51$43,102
Jan 20046,65832.036.30$41,943
Dec 20038,37130.266.30$52,751
Nov 20038,43028.804.60$38,737
Oct 20039,21928.174.76$43,879
Sep 20039,09826.314.75$43,210
Aug 200310,20829.765.13$52,364
Jul 20039,95229.415.17$51,460
Jun 20035,37528.565.98$32,158
May 20038,33726.595.97$49,794
Apr 20038,49126.675.41$45,913
Mar 20039,40831.146.10$57,352
Feb 20038,75133.487.93$69,359
Jan 20039,86830.315.58$55,084
Dec 200210,19826.914.85$49,499
Nov 20029,91024.664.14$40,997
Oct 200210,16426.464.23$42,985
Sep 200210,31027.443.64$37,479
Aug 200210,94625.963.16$34,635
Jul 200211,07424.583.06$33,906
Jun 200211,18123.733.34$37,325
May 20029,94724.663.58$35,650
Apr 200211,46423.653.51$40,265
Mar 200211,91422.003.10$36,966
Feb 200210,83418.222.38$25,738
Jan 200211,89017.172.38$28,247
Dec 200112,40116.932.36$29,321
Nov 200111,14418.072.41$26,807
Oct 200112,47519.782.53$31,548
Sep 200111,81424.262.25$26,597
Aug 200112,58924.873.05$38,436
Jul 200113,98123.933.20$44,698
Jun 200114,59124.563.82$55,798
May 200113,28725.524.31$57,231
Apr 200116,65324.685.34$88,849
Mar 200115,05424.545.38$80,937
Feb 200114,66527.755.77$84,574
Jan 200116,30927.478.40$136,975
Dec 200015,65626.889.12$142,822
Nov 200016,59032.215.66$93,866
Oct 200018,24031.235.15$93,854
Sep 200018,32931.875.19$95,063
Aug 200020,14229.644.54$91,460
Jul 200021,56428.534.09$88,191
Jun 200012,38929.304.40$54,478
May 2000027.263.68$0
Apr 20004,40524.513.12$13,726
Mar 200014,65028.422.86$41,895
Feb 200012,96727.622.73$35,355
Jan 200015,55825.272.48$38,592
Dec 199914,05524.282.42$34,065
Nov 199915,73523.192.43$38,299
Oct 199914,86720.982.80$41,683
Sep 199915,45621.752.62$40,477
Aug 199916,36219.262.88$47,051
Jul 199916,67917.892.37$39,569
Jun 199916,72115.942.36$39,497
May 199914,13015.792.32$32,796
Apr 199915,94815.102.21$35,214
Mar 199918,47112.471.84$33,956
Feb 199915,3279.981.82$27,861
Jan 199916,35310.381.90$31,070
Dec 199816,6809.201.77$29,579
Nov 199817,33110.892.19$37,881
Oct 199818,07212.421.97$35,588
Sep 199818,11012.592.08$37,716
Aug 199818,34711.301.91$34,994
Jul 199819,05511.742.24$42,631
Jun 199817,10811.242.24$38,275
May 199819,13012.622.21$42,207
Apr 199818,88013.042.51$47,301
Mar 199820,45912.802.31$47,249
Feb 199818,58213.952.30$42,722
Jan 199820,45414.702.15$44,074
Dec 199722,80116.322.41$54,975
Nov 199721,69518.193.09$67,000
Oct 199717,07619.253.15$53,786
Sep 1997017.742.95$0
Aug 199712,44917.862.55$31,804
Jul 19975,49517.582.25$12,347
Jun 199711,52417.242.26$26,012
May 199720,21418.972.31$46,664
Apr 199720,66017.882.08$43,030
Mar 199720,79118.951.94$40,317
Feb 199719,27420.492.21$42,517
Jan 199722,10723.483.54$78,252
Dec 199620,63823.32$0
Nov 199618,05821.97$0
Oct 199622,89323.31$0
Sep 199619,19022.22$0
Aug 199619,34520.26$0
Jul 199619,61619.55$0
Jun 199613,88618.73$0
May 199613,54319.43$0
Apr 199613,55021.51$0
Mar 199613,02819.38$0
Feb 199613,31016.98$0
Jan 199613,21217.07$0
Dec 199513,16817.19$0
Nov 199514,74516.00$0
Oct 199514,48215.43$0
Sep 199515,33816.18$0
Aug 199515,84915.92$0
Jul 199510,65215.24$0
Jun 199514,38916.41$0
May 199513,54417.56$0
Apr 199514,65517.73$0
Mar 199516,14316.44$0
Feb 199511,23016.58$0
Jan 199514,77315.92$0
Dec 199415,79515.03$0
Nov 199420,02215.90$0
Oct 199420,55215.58$0
Sep 199416,47715.29$0
Aug 199418,47216.13$0
Jul 199419,61517.56$0
Jun 199417,62417.09$0
May 199411,55315.88$0
Apr 199411,85314.14$0
Mar 199422,20912.46$0
Feb 199421,98712.50$0
Jan 199415,96912.66$0
Dec 199318,88112.33$0
Nov 199315,70914.49$0
Oct 199331,90015.85$0
Sep 199333,64115.03$0
Aug 199335,85015.66$0
Jul 199335,33715.46$0
Jun 199333,09916.79$0
May 199331,34517.68$0
Apr 199327,66918.05$0
Mar 199328,87318.14$0
Feb 199327,89617.90$0
Jan 199323,01816.93$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                1,224 Mcf  × $  2.87 =     $3,513

────────────────────────────────────────────────────
Month total                                   $3,513

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/23507 is the state's own key, not one this site invented.