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 23512District 10Field 68831001GasSaveExport
Value, all time
$3.4 M
Jan 1993 – May 2026
Value, last 12 filed months
$41 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
GasProduction1,077,952 Mcf$3,360,839
Total$3,360,839

285,668 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 35.5232, -101.8505. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.52315, -101.85055 · 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

42-37500140B 6

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 202698198.932.87$2,815
Mar 202695989.753.15$3,020
Feb 202687963.503.75$3,297
Jan 20261,01659.138.00$8,126
Dec 202592356.664.41$4,074
Nov 202591358.593.93$3,585
Oct 202598659.383.30$3,259
Sep 202598662.743.08$3,034
Aug 202598763.933.01$2,976
Jul 20251,03066.743.32$3,415
Jun 202599866.483.13$3,122
May 20251,03860.553.23$3,355
Apr 202590462.363.54$3,203
Mar 202587967.704.27$3,752
Feb 202583870.884.34$3,638
Jan 202592674.324.28$3,962
Dec 202490368.993.12$2,819
Nov 202489369.052.20$1,963
Oct 202498271.372.28$2,240
Sep 202493969.612.36$2,220
Aug 202499275.632.06$2,047
Jul 20241,01479.932.15$2,177
Jun 202497178.082.63$2,558
May 202496778.812.20$2,126
Apr 202491484.451.66$1,517
Mar 202494580.301.55$1,460
Feb 202486176.091.78$1,536
Jan 202485973.023.30$2,833
Dec 202394971.262.61$2,478
Nov 202393377.892.81$2,619
Oct 20231,01785.443.09$3,140
Sep 20231,02089.042.74$2,790
Aug 20231,04380.522.67$2,788
Jul 20231,03174.852.64$2,724
Jun 20231,06968.962.26$2,414
May 20231,09170.622.23$2,430
Apr 20231,05178.122.24$2,352
Mar 20231,04572.852.39$2,501
Feb 202394275.112.47$2,323
Jan 20231,04876.533.39$3,550
Dec 20221,05676.415.73$6,050
Nov 20221,00885.005.65$5,691
Oct 20221,10687.185.86$6,485
Sep 20221,13084.888.16$9,225
Aug 20221,17994.529.13$10,761
Jul 20221,202101.587.54$9,066
Jun 20221,052115.097.98$8,392
May 20221,078109.378.43$9,091
Apr 20221,049104.226.84$7,173
Mar 20221,076108.885.08$5,462
Feb 202297191.054.86$4,718
Jan 20221,01881.844.54$4,619
Dec 20211,06571.323.90$4,153
Nov 20211,07177.435.24$5,609
Oct 20211,17179.795.71$6,691
Sep 20211,16369.865.35$6,223
Aug 20211,24866.024.22$5,267
Jul 20211,21770.783.98$4,846
Jun 20211,19969.493.38$4,053
May 20211,31863.483.02$3,977
Apr 202173660.362.76$2,030
Mar 20211,22161.302.72$3,317
Feb 202150357.805.55$2,791
Jan 20211,10150.412.81$3,094
Dec 20201,08844.642.68$2,911
Nov 20201,13538.772.71$3,072
Oct 20201,03836.972.48$2,573
Sep 20201,17837.091.99$2,345
Aug 20201,26939.982.39$3,027
Jul 20201,29338.371.83$2,360
Jun 20201,25034.901.69$2,113
May 20201,43516.921.81$2,604
Apr 202093014.751.80$1,678
Mar 202055830.341.86$1,036
Feb 202060349.881.98$1,194
Jan 20201,08657.252.09$2,275
Dec 2019059.012.30$0
Nov 20191,05255.302.75$2,894
Oct 20191,13053.472.42$2,733
Sep 20191,17755.052.66$3,128
Aug 2019053.112.30$0
Jul 20191,22756.272.46$3,018
Jun 20191,21852.782.49$3,034
May 20191,26158.482.74$3,456
Apr 20191,23162.632.75$3,386
Mar 20191,27656.803.06$3,907
Feb 2019050.852.79$0
Jan 2019046.033.23$0
Dec 2018046.594.19$0
Nov 2018052.934.24$0
Oct 20181,32561.443.40$4,502
Sep 20181,32559.543.11$4,118
Aug 20181,42059.403.07$4,355
Jul 20181,49465.142.93$4,380
Jun 20181,64360.183.08$5,055
May 201886265.382.90$2,500
Apr 20181,47363.842.90$4,273
Mar 201825661.222.79$713
Feb 20181,20961.782.77$3,344
Jan 20181,32262.874.01$5,300
Dec 20171,46357.272.92$4,274
Nov 20171,65755.423.12$5,167
Oct 20171,03049.292.98$3,073
Sep 201798647.523.09$3,044
Aug 201746145.373.00$1,385
Jul 201748043.873.09$1,482
Jun 20171,22042.493.09$3,766
May 20171,37345.373.26$4,481
Apr 20171,25347.933.21$4,024
Mar 20171,34446.772.98$4,010
Feb 20171,21050.452.95$3,573
Jan 20171,32649.413.42$4,533
Dec 20161,29548.763.72$4,821
Nov 20161,36742.492.64$3,615
Oct 20161,51946.193.09$4,694
Sep 201685941.553.10$2,663
Aug 20161,29341.442.92$3,781
Jul 20161,31041.622.92$3,831
Jun 20161,30645.352.69$3,508
May 20161,34042.521.99$2,668
Apr 20161,30536.561.99$2,598
Mar 20161,35233.011.79$2,426
Feb 20161,23226.472.06$2,542
Jan 20161,35627.352.36$3,206
Dec 20151,35532.362.00$2,712
Nov 20151,35838.792.17$2,943
Oct 20151,45943.552.43$3,540
Sep 20151,42542.992.76$3,931
Aug 20151,49140.162.87$4,283
Jul 20151,54148.152.95$4,538
Jun 20151,67256.152.88$4,820
May 201582455.212.96$2,435
Apr 20151,42349.822.71$3,851
Mar 20151,45942.892.93$4,282
Feb 20151,20044.662.98$3,571
Jan 20151,41143.433.10$4,375
Dec 20141,60054.693.59$5,746
Nov 20141,56770.464.25$6,663
Oct 20141,26278.303.90$4,923
Sep 201457786.164.05$2,334
Aug 201485289.394.04$3,438
Jul 20141,44996.564.18$6,056
Jun 20141,42398.164.74$6,741
May 20141,39794.734.73$6,603
Apr 20141,32395.944.81$6,362
Mar 20141,36595.895.06$6,903
Feb 20141,11597.406.19$6,904
Jan 20141,43590.404.86$6,975
Dec 20131,42791.824.35$6,214
Nov 20131,39188.853.74$5,200
Oct 20131,50097.423.78$5,669
Sep 20131,472104.113.72$5,473
Aug 20131,508104.253.52$5,312
Jul 20131,540102.523.72$5,725
Jun 20131,60194.403.93$6,297
May 201397194.834.15$4,029
Apr 20131,33893.964.28$5,730
Mar 20131,44893.623.91$5,666
Feb 20131,37491.233.42$4,699
Jan 20131,49291.603.42$5,103
Dec 20121,57686.773.42$5,390
Nov 20121,58186.953.62$5,731
Oct 20121,61289.383.40$5,480
Sep 20121,63494.672.92$4,769
Aug 20121,71292.662.91$4,979
Jul 20121,75185.133.02$5,289
Jun 20121,61979.822.52$4,078
May 20121,58991.612.49$3,954
Apr 20121,579101.652.00$3,153
Mar 20121,667105.052.22$3,704
Feb 20121,508101.102.57$3,876
Jan 20121,64798.092.73$4,503
Dec 20111,55496.873.24$5,035
Nov 20111,55495.723.31$5,146
Oct 20111,68384.983.65$6,140
Sep 20111,72183.623.99$6,860
Aug 20111,79983.404.15$7,465
Jul 20111,67694.144.52$7,571
Jun 20111,75192.904.64$8,124
May 20111,88798.134.40$8,312
Apr 20111,564105.964.33$6,777
Mar 20111,75296.364.06$7,108
Feb 20111,55685.644.18$6,504
Jan 20111,67986.504.59$7,705
Dec 20101,64885.734.35$7,165
Nov 20101,71480.843.80$6,505
Oct 20101,87878.103.51$6,590
Sep 20101,88272.633.98$7,489
Aug 20102,02873.684.42$8,962
Jul 20101,93672.554.74$9,170
Jun 20101,57470.364.91$7,729
May 20101,53971.124.24$6,518
Apr 20101,84981.694.12$7,623
Mar 20101,88978.394.39$8,290
Feb 20101,68773.585.44$9,181
Jan 20101,90174.365.96$11,338
Dec 20091,88971.445.48$10,359
Nov 20091,86374.593.75$6,989
Oct 20091,96872.544.11$8,089
Sep 20091,94165.543.06$5,949
Aug 20092,10367.423.22$6,769
Jul 20092,12361.133.46$7,355
Jun 20091,23266.163.90$4,799
May 20091,92054.743.93$7,537
Apr 20091,96446.773.59$7,046
Mar 20091,96142.144.06$7,960
Feb 20091,79532.814.63$8,316
Jan 20091,94435.865.37$10,441
Dec 20081,92237.105.98$11,488
Nov 20081,87555.496.86$12,863
Oct 20082,02575.246.92$14,017
Sep 20082,029101.767.88$15,983
Aug 20082,045114.228.48$17,348
Jul 20082,102131.0811.39$23,941
Jun 20082,091131.3313.03$27,251
May 20082,044123.1711.57$23,658
Apr 20082,067110.3110.45$21,610
Mar 20082,092101.909.66$20,217
Feb 20082,00692.538.77$17,594
Jan 20082,12790.388.21$17,454
Dec 20072,15288.337.30$15,714
Nov 20072,03791.677.29$14,853
Oct 20072,22982.856.92$15,429
Sep 20072,21075.846.24$13,800
Aug 20072,36169.066.39$15,082
Jul 20072,45870.906.39$15,702
Jun 20072,11362.007.55$15,950
May 20072,27358.747.85$17,835
Apr 20072,19059.617.81$17,093
Mar 20072,30156.927.30$16,802
Feb 20072,11855.108.22$17,401
Jan 20072,38950.306.73$16,070
Dec 20062,23356.656.92$15,449
Nov 20062,38454.207.62$18,160
Oct 20062,63054.906.01$15,816
Sep 20062,42160.085.04$12,195
Aug 20062,32868.717.34$17,087
Jul 20062,73769.376.34$17,360
Jun 20062,64066.286.38$16,853
May 20062,59766.016.42$16,686
Apr 20062,73964.397.36$20,160
Mar 20062,77456.707.08$19,648
Feb 20062,52357.597.75$19,556
Jan 20062,88860.598.93$25,799
Dec 20052,95954.9413.42$39,696
Nov 20052,95754.6910.59$31,310
Oct 20053,27458.3413.80$45,167
Sep 20053,52461.4512.08$42,566
Aug 20053,18061.519.80$31,154
Jul 20052,51155.697.84$19,695
Jun 2005052.337.38$0
May 20051,31445.226.65$8,740
Apr 20052,80449.207.36$20,639
Mar 20052,92150.377.15$20,899
Feb 20052,63345.226.31$16,619
Jan 20052,83343.166.32$17,911
Dec 20042,96239.866.75$19,997
Nov 20042,88745.286.33$18,276
Oct 20043,17049.706.52$20,653
Sep 20043,22743.245.28$17,051
Aug 20043,41042.375.55$18,928
Jul 20043,47938.286.08$21,167
Jun 20043,50136.106.43$22,522
May 20042,97937.486.49$19,347
Apr 20043,27534.475.86$19,186
Mar 20043,39634.365.53$18,780
Feb 20043,02232.455.51$16,650
Jan 20043,31232.036.30$20,864
Dec 20033,30130.266.30$20,802
Nov 20033,34728.804.60$15,380
Oct 20033,46528.174.76$16,492
Sep 20033,38826.314.75$16,091
Aug 20033,64829.765.13$18,713
Jul 20033,73329.415.17$19,303
Jun 20033,46628.565.98$20,737
May 20033,96126.595.97$23,658
Apr 20032,87026.675.41$15,519
Mar 20033,55331.146.10$21,659
Feb 20033,28833.487.93$26,060
Jan 20033,45530.315.58$19,286
Dec 20023,57526.914.85$17,352
Nov 20023,52524.664.14$14,583
Oct 20023,53826.464.23$14,963
Sep 20023,61927.443.64$13,156
Aug 20023,75425.963.16$11,878
Jul 20023,96324.583.06$12,134
Jun 20022,92823.733.34$9,774
May 20023,78424.663.58$13,562
Apr 20023,68523.653.51$12,943
Mar 20023,70322.003.10$11,489
Feb 20023,47318.222.38$8,251
Jan 20023,89217.172.38$9,246
Dec 20014,00716.932.36$9,474
Nov 20014,14118.072.41$9,961
Oct 20014,15319.782.53$10,502
Sep 20013,55024.262.25$7,992
Aug 20013,84124.873.05$11,727
Jul 20014,50823.933.20$14,412
Jun 20013,68624.563.82$14,096
May 20013,66125.524.31$15,769
Apr 20013,92724.685.34$20,952
Mar 20014,58124.545.38$24,629
Feb 20014,47727.755.77$25,819
Jan 20015,13927.478.40$43,161
Dec 20004,59126.889.12$41,881
Nov 20004,41232.215.66$24,963
Oct 20004,50331.235.15$23,170
Sep 20004,60931.875.19$23,905
Aug 20004,88429.644.54$22,177
Jul 20004,85828.534.09$19,868
Jun 20004,28229.304.40$18,829
May 20004,87127.263.68$17,924
Apr 20004,62224.513.12$14,402
Mar 20005,13928.422.86$14,696
Feb 20004,38827.622.73$11,964
Jan 20005,33625.272.48$13,236
Dec 19994,96624.282.42$12,036
Nov 19995,83123.192.43$14,193
Oct 19995,31720.982.80$14,907
Sep 19995,29121.752.62$13,856
Aug 19996,25919.262.88$17,998
Jul 19995,59417.892.37$13,271
Jun 19995,65415.942.36$13,355
May 19995,53815.792.32$12,854
Apr 19995,77515.102.21$12,751
Mar 19996,29212.471.84$11,567
Feb 19995,5179.981.82$10,029
Jan 19995,99210.381.90$11,385
Dec 19986,6989.201.77$11,878
Nov 19986,20110.892.19$13,554
Oct 19986,97212.421.97$13,729
Sep 19987,13712.592.08$14,864
Aug 19987,00811.301.91$13,367
Jul 19987,74311.742.24$17,323
Jun 19987,54011.242.24$16,869
May 19987,46412.622.21$16,468
Apr 19988,56913.042.51$21,468
Mar 19987,31912.802.31$16,903
Feb 199810,28813.952.30$23,653
Jan 19983,05214.702.15$6,576
Dec 19971,80116.322.41$4,342
Nov 19971,75818.193.09$5,429
Oct 19971,10619.253.15$3,484
Sep 19973,20817.742.95$9,479
Aug 19973,76717.862.55$9,624
Jul 19972,88417.582.25$6,480
Jun 19975,75017.242.26$12,979
May 19974,26418.972.31$9,843
Apr 19971,99217.882.08$4,149
Mar 19972,80618.951.94$5,441
Feb 19972,07820.492.21$4,584
Jan 19972,40823.483.54$8,524
Dec 19961,94323.32$0
Nov 19961,71921.97$0
Oct 19961,59023.31$0
Sep 199668022.22$0
Aug 19962,04920.26$0
Jul 19965,27219.55$0
Jun 19964,66618.73$0
May 19965,95019.43$0
Apr 19964,85521.51$0
Mar 19961,10719.38$0
Feb 19962,42016.98$0
Jan 19965,97117.07$0
Dec 19952,72617.19$0
Nov 19954,51816.00$0
Oct 19955,73515.43$0
Sep 19954,13916.18$0
Aug 19956,91915.92$0
Jul 19957,72515.24$0
Jun 19955,51016.41$0
May 19955,63017.56$0
Apr 19957,33817.73$0
Mar 19956,03116.44$0
Feb 19953,50616.58$0
Jan 19955,24715.92$0
Dec 19946,20315.03$0
Nov 199410,60215.90$0
Oct 199411,23615.58$0
Sep 19948,49315.29$0
Aug 19948,50516.13$0
Jul 199410,18717.56$0
Jun 19944,45817.09$0
May 19943,81215.88$0
Apr 19945,16514.14$0
Mar 19947,07112.46$0
Feb 19947,87512.50$0
Jan 199410,67512.66$0
Dec 199311,18612.33$0
Nov 19931,88614.49$0
Oct 19933,21315.85$0
Sep 19935,14515.03$0
Aug 19937,97715.66$0
Jul 19938,04015.46$0
Jun 19937,71316.79$0
May 19938,79117.68$0
Apr 19939,09218.05$0
Mar 19938,45718.14$0
Feb 19937,46517.90$0
Jan 19939,17516.93$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                  981 Mcf  × $  2.87 =     $2,815

────────────────────────────────────────────────────
Month total                                   $2,815

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/23512 is the state's own key, not one this site invented.