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 23508District 10Field 68831001GasSaveExport
Value, all time
$8.4 M
Jan 1993 – May 2026
Value, last 12 filed months
$84 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
GasProduction2,193,390 Mcf$8,362,561
Total$8,362,561

450,544 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 35.6395, -101.7161. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.63947, -101.71607 · 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
Aug 2002
1 of 1 wells

1 well

42-34100627A 32Aug 2002

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 20261,99998.932.87$5,737
Mar 20262,08489.753.15$6,563
Feb 20261,73463.503.75$6,503
Jan 20262,08959.138.00$16,708
Dec 20252,07556.664.41$9,158
Nov 20251,99358.593.93$7,825
Oct 20252,06059.383.30$6,808
Sep 20251,99362.743.08$6,132
Aug 20251,84263.933.01$5,553
Jul 20252,04166.743.32$6,766
Jun 20251,97266.483.13$6,170
May 20252,02060.553.23$6,529
Apr 20251,70662.363.54$6,045
Mar 20251,64767.704.27$7,030
Feb 20251,82870.884.34$7,935
Jan 20252,02274.324.28$8,651
Dec 20242,03268.993.12$6,343
Nov 20242,02569.052.20$4,452
Oct 20242,02771.372.28$4,624
Sep 20241,94869.612.36$4,606
Aug 20241,98775.632.06$4,100
Jul 20242,16879.932.15$4,654
Jun 20242,06378.082.63$5,434
May 20242,24678.812.20$4,938
Apr 20242,18084.451.66$3,617
Mar 20242,26080.301.55$3,492
Feb 20242,10376.091.78$3,751
Jan 20241,84973.023.30$6,097
Dec 20231,59871.262.61$4,172
Nov 20232,49577.892.81$7,005
Oct 20232,61085.443.09$8,058
Sep 20232,53489.042.74$6,931
Aug 20232,64080.522.67$7,056
Jul 20232,75674.852.64$7,281
Jun 20232,54568.962.26$5,748
May 20232,59970.622.23$5,789
Apr 20232,54078.122.24$5,684
Mar 20232,62872.852.39$6,289
Feb 20232,37075.112.47$5,844
Jan 20232,62976.533.39$8,906
Dec 20222,63476.415.73$15,090
Nov 20222,55685.005.65$14,432
Oct 20222,65487.185.86$15,562
Sep 20222,60884.888.16$21,291
Aug 20222,72094.529.13$24,826
Jul 20222,747101.587.54$20,718
Jun 20222,606115.097.98$20,789
May 20222,636109.378.43$22,229
Apr 20222,548104.226.84$17,422
Mar 20222,729108.885.08$13,854
Feb 20222,55691.054.86$12,419
Jan 20222,72781.844.54$12,374
Dec 20212,90771.323.90$11,335
Nov 20212,77877.435.24$14,548
Oct 20212,95479.795.71$16,879
Sep 20212,92869.865.35$15,667
Aug 20213,05266.024.22$12,881
Jul 20212,52870.783.98$10,067
Jun 20213,05969.493.38$10,341
May 20213,16663.483.02$9,554
Apr 20211,67460.362.76$4,618
Mar 20212,59261.302.72$7,042
Feb 20211,39357.805.55$7,728
Jan 20212,99650.412.81$8,420
Dec 20203,02344.642.68$8,088
Nov 20202,57638.772.71$6,972
Oct 20202,77736.972.48$6,883
Sep 20203,05137.091.99$6,075
Aug 20203,20439.982.39$7,642
Jul 20203,29438.371.83$6,012
Jun 20203,08034.901.69$5,206
May 20202,90216.921.81$5,266
Apr 20203,08814.751.80$5,572
Mar 20203,15830.341.86$5,862
Feb 20202,91949.881.98$5,782
Jan 20202,30957.252.09$4,837
Dec 2019059.012.30$0
Nov 20193,10355.302.75$8,535
Oct 20193,22953.472.42$7,809
Sep 20193,14155.052.66$8,347
Aug 2019053.112.30$0
Jul 20193,33856.272.46$8,212
Jun 20193,26452.782.49$8,131
May 20193,34458.482.74$9,164
Apr 20193,35362.632.75$9,223
Mar 20193,33456.803.06$10,209
Feb 2019050.852.79$0
Jan 2019046.033.23$0
Dec 2018046.594.19$0
Nov 2018052.934.24$0
Oct 20183,38761.443.40$11,509
Sep 20183,37759.543.11$10,496
Aug 20183,58859.403.07$11,003
Jul 20183,71065.142.93$10,877
Jun 20183,51260.183.08$10,806
May 20183,58265.382.90$10,391
Apr 20183,54063.842.90$10,269
Mar 20181,01561.222.79$2,829
Feb 20183,05861.782.77$8,459
Jan 20183,23062.874.01$12,950
Dec 20173,19957.272.92$9,346
Nov 20173,34455.423.12$10,428
Oct 20171,48949.292.98$4,443
Sep 20171,76247.523.09$5,440
Aug 20172,30745.373.00$6,931
Jul 20171,03443.873.09$3,192
Jun 20172,87342.493.09$8,870
May 20173,37445.373.26$11,011
Apr 20173,21247.933.21$10,316
Mar 20173,41346.772.98$10,183
Feb 20172,98750.452.95$8,819
Jan 20173,02149.413.42$10,328
Dec 20163,26248.763.72$12,144
Nov 20163,38642.492.64$8,954
Oct 20163,62546.193.09$11,202
Sep 201654841.553.10$1,699
Aug 20163,39241.442.92$9,919
Jul 20163,64341.622.92$10,653
Jun 20163,39145.352.69$9,108
May 20163,66842.521.99$7,303
Apr 20163,55436.561.99$7,076
Mar 20163,70533.011.79$6,647
Feb 20163,27326.472.06$6,754
Jan 20163,58627.352.36$8,479
Dec 20153,53632.362.00$7,077
Nov 20153,44838.792.17$7,473
Oct 20153,52043.552.43$8,542
Sep 20153,65942.992.76$10,093
Aug 20153,71340.162.87$10,666
Jul 20153,73748.152.95$11,006
Jun 20153,68056.152.88$10,609
May 20153,14755.212.96$9,301
Apr 20153,75949.822.71$10,174
Mar 20153,80642.892.93$11,170
Feb 20152,96444.662.98$8,821
Jan 20153,66543.433.10$11,364
Dec 20143,72954.693.59$13,392
Nov 20143,24270.464.25$13,784
Oct 20143,46878.303.90$13,529
Sep 20143,71986.164.05$15,045
Aug 20142,75289.394.04$11,105
Jul 20143,70296.564.18$15,473
Jun 20143,56198.164.74$16,868
May 20143,58394.734.73$16,935
Apr 20143,62395.944.81$17,423
Mar 20143,83395.895.06$19,383
Feb 20143,42497.406.19$21,201
Jan 20143,82990.404.86$18,612
Dec 20133,91091.824.35$17,026
Nov 20133,79388.853.74$14,179
Oct 20133,93197.423.78$14,857
Sep 20133,973104.113.72$14,771
Aug 20134,256104.253.52$14,992
Jul 20134,175102.523.72$15,522
Jun 20134,21494.403.93$16,575
May 20133,43294.834.15$14,240
Apr 20134,10993.964.28$17,597
Mar 20134,24593.623.91$16,610
Feb 20133,82491.233.42$13,078
Jan 20134,35591.603.42$14,894
Dec 20124,17986.773.42$14,293
Nov 20124,06286.953.62$14,725
Oct 20124,31289.383.40$14,659
Sep 20124,36594.672.92$12,739
Aug 20124,59492.662.91$13,360
Jul 20124,75485.133.02$14,361
Jun 20124,72379.822.52$11,897
May 20123,42491.612.49$8,520
Apr 20124,549101.652.00$9,083
Mar 20124,772105.052.22$10,604
Feb 20124,476101.102.57$11,504
Jan 20124,93098.092.73$13,479
Dec 20114,51696.873.24$14,631
Nov 20114,70495.723.31$15,576
Oct 20114,98384.983.65$18,181
Sep 20114,79183.623.99$19,096
Aug 20115,15383.404.15$21,381
Jul 20114,95294.144.52$22,369
Jun 20114,58092.904.64$21,251
May 20114,75398.134.40$20,936
Apr 20114,242105.964.33$18,382
Mar 20114,57896.364.06$18,575
Feb 20113,24185.644.18$13,547
Jan 20114,38886.504.59$20,136
Dec 20103,61285.734.35$15,704
Nov 20104,81980.843.80$18,290
Oct 20105,36778.103.51$18,832
Sep 20105,32172.633.98$21,175
Aug 20105,54173.684.42$24,488
Jul 20105,49372.554.74$26,018
Jun 20105,30170.364.91$26,030
May 20104,56971.124.24$19,351
Apr 20105,22881.694.12$21,553
Mar 20105,38378.394.39$23,624
Feb 20104,66473.585.44$25,383
Jan 20105,19374.365.96$30,972
Dec 20095,27171.445.48$28,905
Nov 20095,03074.593.75$18,870
Oct 20095,47072.544.11$22,483
Sep 20095,56065.543.06$17,040
Aug 20095,80467.423.22$18,680
Jul 20095,88961.133.46$20,402
Jun 20095,64566.163.90$21,987
May 20095,49854.743.93$21,584
Apr 20095,62146.773.59$20,165
Mar 20095,54542.144.06$22,507
Feb 20095,08532.814.63$23,559
Jan 20095,97435.865.37$32,086
Dec 20086,09737.105.98$36,443
Nov 20085,89055.496.86$40,408
Oct 20086,10475.246.92$42,252
Sep 20086,151101.767.88$48,452
Aug 20086,394114.228.48$54,240
Jul 20086,594131.0811.39$75,102
Jun 20086,640131.3313.03$86,537
May 20086,502123.1711.57$75,256
Apr 20086,697110.3110.45$70,016
Mar 20086,934101.909.66$67,011
Feb 20086,49592.538.77$56,965
Jan 20086,75990.388.21$55,463
Dec 20076,60288.337.30$48,208
Nov 20076,61591.677.29$48,235
Oct 20077,19082.856.92$49,769
Sep 20077,14475.846.24$44,608
Aug 20077,52169.066.39$48,044
Jul 20077,59170.906.39$48,491
Jun 20077,48862.007.55$56,523
May 20077,23358.747.85$56,752
Apr 20076,81859.617.81$53,216
Mar 20077,51656.927.30$54,882
Feb 20076,78655.108.22$55,754
Jan 20077,62250.306.73$51,272
Dec 20067,69256.656.92$53,217
Nov 20067,68254.207.62$58,517
Oct 20068,17854.906.01$49,181
Sep 20068,04660.085.04$40,529
Aug 20068,44068.717.34$61,949
Jul 20068,71169.376.34$55,252
Jun 20068,39166.286.38$53,567
May 20068,44066.016.42$54,227
Apr 20068,36064.397.36$61,534
Mar 20065,88656.707.08$41,690
Feb 20067,39757.597.75$57,335
Jan 20068,93360.598.93$79,801
Dec 20058,46954.9413.42$113,615
Nov 20058,88954.6910.59$94,120
Oct 20058,93958.3413.80$123,320
Sep 20058,93561.4512.08$107,926
Aug 20059,18361.519.80$89,964
Jul 20056,06855.697.84$47,595
Jun 2005152.337.38$7
May 20053,56245.226.65$23,691
Apr 20058,92449.207.36$65,685
Mar 20059,58150.377.15$68,551
Feb 20058,46945.226.31$53,456
Jan 20059,72143.166.32$61,458
Dec 20049,86639.866.75$66,606
Nov 20048,70645.286.33$55,113
Oct 200410,16949.706.52$66,252
Sep 20049,82343.245.28$51,904
Aug 200410,64042.375.55$59,059
Jul 200410,85738.286.08$66,056
Jun 200410,21136.106.43$65,688
May 20049,62437.486.49$62,504
Apr 200410,72434.475.86$62,826
Mar 200411,30434.365.53$62,513
Feb 200410,35232.455.51$57,036
Jan 200411,66232.036.30$73,466
Dec 200310,76730.266.30$67,850
Nov 200310,65528.804.60$48,961
Oct 200311,99428.174.76$57,087
Sep 20038,58926.314.75$40,792
Aug 200312,04829.765.13$61,803
Jul 200312,16729.415.17$62,914
Jun 200310,31928.565.98$61,738
May 200312,30126.595.97$73,470
Apr 200312,80326.675.41$69,229
Mar 200312,91431.146.10$78,724
Feb 200312,04033.487.93$95,428
Jan 200312,92230.315.58$72,131
Dec 200214,02226.914.85$68,059
Nov 200213,02324.664.14$53,876
Oct 200213,04626.464.23$55,173
Sep 200213,35627.443.64$48,552
Aug 200214,20925.963.16$44,960
Jul 200284724.583.06$2,593
Jun 2002023.733.34$0
May 20023424.663.58$122
Apr 20025,06923.653.51$17,804
Mar 20026,74622.003.10$20,931
Feb 20026,68118.222.38$15,872
Jan 20027,14717.172.38$16,979
Dec 20017,36716.932.36$17,419
Nov 20016,61018.072.41$15,900
Oct 20017,13219.782.53$18,036
Sep 20016,64324.262.25$14,956
Aug 20017,73124.873.05$23,604
Jul 20017,15423.933.20$22,872
Jun 20016,83324.563.82$26,130
May 20016,74625.524.31$29,057
Apr 20017,94824.685.34$42,405
Mar 20017,55624.545.38$40,624
Feb 20017,41527.755.77$42,763
Jan 20018,97727.478.40$75,396
Dec 20008,55526.889.12$78,043
Nov 20007,99832.215.66$45,253
Oct 20008,50231.235.15$43,747
Sep 20008,77531.875.19$45,512
Aug 20008,23829.644.54$37,407
Jul 20006,78228.534.09$27,737
Jun 20008,20029.304.40$36,057
May 20007,94727.263.68$29,243
Apr 20006,96524.513.12$21,703
Mar 20009,12228.422.86$26,087
Feb 20008,84727.622.73$24,121
Jan 20009,25725.272.48$22,962
Dec 19998,27524.282.42$20,056
Nov 19995,28523.192.43$12,864
Oct 19991,91320.982.80$5,364
Sep 199924321.752.62$636
Aug 19993,08019.262.88$8,857
Jul 19993,95817.892.37$9,390
Jun 19994,15415.942.36$9,812
May 19992,94815.792.32$6,842
Apr 19993,22015.102.21$7,110
Mar 19994,26212.471.84$7,835
Feb 19994,1289.981.82$7,504
Jan 19994,05810.381.90$7,710
Dec 19984,2099.201.77$7,464
Nov 19983,96110.892.19$8,658
Oct 19984,74512.421.97$9,344
Sep 19985,71112.592.08$11,894
Aug 19985,55311.301.91$10,592
Jul 19986,41711.742.24$14,357
Jun 19986,83111.242.24$15,283
May 19984,55412.622.21$10,048
Apr 19985,07013.042.51$12,702
Mar 19985,16212.802.31$11,921
Feb 19983,88013.952.30$8,921
Jan 19983,99514.702.15$8,608
Dec 19974,00116.322.41$9,647
Nov 19974,06618.193.09$12,557
Oct 19973,85619.253.15$12,146
Sep 19975,90117.742.95$17,437
Aug 19976,53117.862.55$16,685
Jul 19975,42917.582.25$12,199
Jun 19974,51717.242.26$10,196
May 19974,26418.972.31$9,843
Apr 19974,12317.882.08$8,587
Mar 19975,57718.951.94$10,815
Feb 19974,97820.492.21$10,981
Jan 19976,33523.483.54$22,424
Dec 19967,76323.32$0
Nov 19968,24321.97$0
Oct 19966,21123.31$0
Sep 19968,45822.22$0
Aug 199610,24220.26$0
Jul 199610,72019.55$0
Jun 19968,96418.73$0
May 199610,52319.43$0
Apr 19969,97021.51$0
Mar 19967,81819.38$0
Feb 19967,51616.98$0
Jan 19967,75517.07$0
Dec 19956,56217.19$0
Nov 19954,59416.00$0
Oct 19953,74015.43$0
Sep 19953,89216.18$0
Aug 19955,74515.92$0
Jul 19956,89215.24$0
Jun 19957,11016.41$0
May 19957,53817.56$0
Apr 19957,49817.73$0
Mar 19958,74116.44$0
Feb 19956,52516.58$0
Jan 19955,63515.92$0
Dec 19946,29115.03$0
Nov 19947,59515.90$0
Oct 19948,72915.58$0
Sep 19949,43215.29$0
Aug 19948,42816.13$0
Jul 19949,45217.56$0
Jun 19949,25417.09$0
May 19949,17715.88$0
Apr 19947,58114.14$0
Mar 19949,95012.46$0
Feb 19949,70812.50$0
Jan 199411,26812.66$0
Dec 199313,22712.33$0
Nov 199315,13914.49$0
Oct 199315,16415.85$0
Sep 199316,38915.03$0
Aug 199313,23715.66$0
Jul 199320,18415.46$0
Jun 199312,00716.79$0
May 199314,44017.68$0
Apr 199312,56818.05$0
Mar 199311,18918.14$0
Feb 199310,33817.90$0
Jan 199311,14216.93$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                1,999 Mcf  × $  2.87 =     $5,737

────────────────────────────────────────────────────
Month total                                   $5,737

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/23508 is the state's own key, not one this site invented.