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 23515District 10Field 68831001GasSaveExport
Value, all time
$4.7 M
Jan 1993 – May 2026
Value, last 12 filed months
$16 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
GasProduction1,509,012 Mcf$4,726,412
Total$4,726,412

538,179 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 35.5980, -101.7169. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.59797, -101.71694 · 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
2,500 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 2,500 ft.

Completions filed
Jul 2005
1 of 1 wells

1 well

42-37500258B 112,500 ftJul 2005

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 202639898.932.87$1,142
Mar 202641389.753.15$1,301
Feb 202633763.503.75$1,264
Jan 202644259.138.00$3,535
Dec 202537256.664.41$1,642
Nov 202535558.593.93$1,394
Oct 202537859.383.30$1,249
Sep 202537162.743.08$1,142
Aug 202528563.933.01$859
Jul 202537566.743.32$1,243
Jun 202537066.483.13$1,158
May 202535160.553.23$1,135
Apr 202533762.363.54$1,194
Mar 202536567.704.27$1,558
Feb 202548070.884.34$2,084
Jan 202542974.324.28$1,836
Dec 202441068.993.12$1,280
Nov 202437369.052.20$820
Oct 202440671.372.28$926
Sep 202441869.612.36$988
Aug 202442975.632.06$885
Jul 202447279.932.15$1,013
Jun 202446278.082.63$1,217
May 202441978.812.20$921
Apr 202426584.451.66$440
Mar 202423780.301.55$366
Feb 202430276.091.78$539
Jan 202438873.023.30$1,279
Dec 202335871.262.61$935
Nov 202333877.892.81$949
Oct 202335385.443.09$1,090
Sep 202331589.042.74$862
Aug 202336780.522.67$981
Jul 202323374.852.64$616
Jun 202337968.962.26$856
May 202335770.622.23$795
Apr 202334278.122.24$765
Mar 202342372.852.39$1,012
Feb 202334275.112.47$843
Jan 202338876.533.39$1,314
Dec 202236976.415.73$2,114
Nov 202238885.005.65$2,191
Oct 202239787.185.86$2,328
Sep 202239584.888.16$3,225
Aug 202241694.529.13$3,797
Jul 2022441101.587.54$3,326
Jun 2022235115.097.98$1,875
May 2022199109.378.43$1,678
Apr 2022333104.226.84$2,277
Mar 2022384108.885.08$1,949
Feb 202240991.054.86$1,987
Jan 202244981.844.54$2,037
Dec 202145271.323.90$1,762
Nov 202145777.435.24$2,393
Oct 202148679.795.71$2,777
Sep 202148469.865.35$2,590
Aug 202150766.024.22$2,140
Jul 202153170.783.98$2,114
Jun 202128369.493.38$957
May 202118463.483.02$555
Apr 202124460.362.76$673
Mar 202151561.302.72$1,399
Feb 202132657.805.55$1,809
Jan 202156850.412.81$1,596
Dec 202050944.642.68$1,362
Nov 202038338.772.71$1,037
Oct 202040836.972.48$1,011
Sep 202045837.091.99$912
Aug 202047139.982.39$1,123
Jul 202045838.371.83$836
Jun 202046034.901.69$778
May 202055916.921.81$1,014
Apr 202058314.751.80$1,052
Mar 202067030.341.86$1,244
Feb 202037749.881.98$747
Jan 202068757.252.09$1,439
Dec 2019059.012.30$0
Nov 201931655.302.75$869
Oct 201945653.472.42$1,103
Sep 201945755.052.66$1,214
Aug 2019053.112.30$0
Jul 201956356.272.46$1,385
Jun 201955752.782.49$1,388
May 201966058.482.74$1,809
Apr 201972762.632.75$2,000
Mar 201987356.803.06$2,673
Feb 2019050.852.79$0
Jan 2019046.033.23$0
Dec 2018046.594.19$0
Nov 2018052.934.24$0
Oct 201860161.443.40$2,042
Sep 201859659.543.11$1,852
Aug 201861259.403.07$1,877
Jul 201846065.142.93$1,349
Jun 201843760.183.08$1,345
May 201839465.382.90$1,143
Apr 201859863.842.90$1,735
Mar 201820761.222.79$577
Feb 201854061.782.77$1,494
Jan 201890762.874.01$3,636
Dec 201743957.272.92$1,283
Nov 201779255.423.12$2,470
Oct 201727549.292.98$821
Sep 2017047.523.09$0
Aug 2017045.373.00$0
Jul 2017043.873.09$0
Jun 2017042.493.09$0
May 201741945.373.26$1,367
Apr 2017047.933.21$0
Mar 201728046.772.98$835
Feb 201748450.452.95$1,429
Jan 20171,36849.413.42$4,677
Dec 20161,01048.763.72$3,760
Nov 20161,60242.492.64$4,236
Oct 20161,94246.193.09$6,001
Sep 201627141.553.10$840
Aug 201693741.442.92$2,740
Jul 20161,36941.622.92$4,003
Jun 20161,43145.352.69$3,843
May 20161,48442.521.99$2,955
Apr 20161,46136.561.99$2,909
Mar 20161,61633.011.79$2,899
Feb 20161,49326.472.06$3,081
Jan 20161,63527.352.36$3,866
Dec 20151,55032.362.00$3,102
Nov 20151,38038.792.17$2,991
Oct 201594443.552.43$2,291
Sep 20151,56542.992.76$4,317
Aug 201590140.162.87$2,588
Jul 20151,46648.152.95$4,317
Jun 20151,57056.152.88$4,526
May 20151,18155.212.96$3,490
Apr 20159749.822.71$263
Mar 20151,39142.892.93$4,082
Feb 201592044.662.98$2,738
Jan 20151,52043.433.10$4,713
Dec 20141,48954.693.59$5,348
Nov 20141,17470.464.25$4,992
Oct 20141,35978.303.90$5,301
Sep 20141,00686.164.05$4,070
Aug 20141,18389.394.04$4,774
Jul 20141,68296.564.18$7,030
Jun 20141,50598.164.74$7,129
May 20141,77194.734.73$8,371
Apr 201486395.944.81$4,150
Mar 20141,09395.895.06$5,527
Feb 201498697.406.19$6,105
Jan 20141,38690.404.86$6,737
Dec 20131,42691.824.35$6,209
Nov 20131,47788.853.74$5,521
Oct 20131,60997.423.78$6,081
Sep 20131,665104.113.72$6,190
Aug 20131,932104.253.52$6,806
Jul 201362102.523.72$231
Jun 201392994.403.93$3,654
May 201382494.834.15$3,419
Apr 20136493.964.28$274
Mar 20131,26293.623.91$4,938
Feb 20131,27491.233.42$4,357
Jan 20131,42191.603.42$4,860
Dec 20121,98786.773.42$6,796
Nov 20122,21486.953.62$8,026
Oct 20122,35589.383.40$8,006
Sep 20122,35094.672.92$6,858
Aug 20122,45592.662.91$7,140
Jul 20122,48885.133.02$7,516
Jun 20122,38379.822.52$6,003
May 20122,02291.612.49$5,031
Apr 20122,776101.652.00$5,543
Mar 20122,902105.052.22$6,448
Feb 20122,760101.102.57$7,094
Jan 20122,91998.092.73$7,981
Dec 20112,91896.873.24$9,454
Nov 20112,88095.723.31$9,536
Oct 20112,69684.983.65$9,836
Sep 20112,04683.623.99$8,155
Aug 20113,17083.404.15$13,153
Jul 20112,87194.144.52$12,969
Jun 20113,10692.904.64$14,411
May 20113,30598.134.40$14,558
Apr 20113,019105.964.33$13,082
Mar 20113,44696.364.06$13,982
Feb 20112,96585.644.18$12,394
Jan 20113,14786.504.59$14,441
Dec 20102,50185.734.35$10,874
Nov 20103,11180.843.80$11,807
Oct 20103,72778.103.51$13,078
Sep 20103,74872.633.98$14,915
Aug 20103,96573.684.42$17,523
Jul 20103,94272.554.74$18,671
Jun 20103,81070.364.91$18,709
May 20103,73971.124.24$15,835
Apr 20103,93581.694.12$16,223
Mar 20103,83278.394.39$16,817
Feb 20103,70373.585.44$20,153
Jan 20104,20374.365.96$25,067
Dec 20093,71471.445.48$20,367
Nov 20093,82074.593.75$14,331
Oct 20094,05572.544.11$16,667
Sep 20093,98165.543.06$12,201
Aug 20094,15567.423.22$13,373
Jul 20094,20661.133.46$14,572
Jun 20094,12466.163.90$16,063
May 20094,01554.743.93$15,762
Apr 20094,34446.773.59$15,584
Mar 20094,29642.144.06$17,437
Feb 20093,72432.814.63$17,253
Jan 20094,52235.865.37$24,288
Dec 20084,66037.105.98$27,853
Nov 20084,49555.496.86$30,837
Oct 20084,69675.246.92$32,506
Sep 20084,726101.767.88$37,227
Aug 20084,904114.228.48$41,601
Jul 20085,046131.0811.39$57,471
Jun 20084,592131.3313.03$59,846
May 20085,239123.1711.57$60,638
Apr 20085,351110.3110.45$55,944
Mar 20084,926101.909.66$47,605
Feb 20085,06092.538.77$44,379
Jan 20085,38390.388.21$44,171
Dec 20075,47388.337.30$39,964
Nov 20075,36991.677.29$39,149
Oct 20075,63782.856.92$39,019
Sep 20075,17275.846.24$32,295
Aug 20075,72169.066.39$36,545
Jul 20075,91670.906.39$37,791
Jun 20075,88362.007.55$44,408
May 20075,84358.747.85$45,846
Apr 20075,72059.617.81$44,646
Mar 20076,00656.927.30$43,856
Feb 20075,03955.108.22$41,400
Jan 20076,37950.306.73$42,911
Dec 20066,08356.656.92$42,085
Nov 20065,95154.207.62$45,332
Oct 20066,59754.906.01$39,673
Sep 20066,19960.085.04$31,226
Aug 20066,05668.717.34$44,451
Jul 20066,04769.376.34$38,355
Jun 20065,87166.286.38$37,480
May 20066,08766.016.42$39,109
Apr 20066,69564.397.36$49,278
Mar 20066,93756.707.08$49,134
Feb 20066,28557.597.75$48,716
Jan 20067,19360.598.93$64,257
Dec 20057,02054.9413.42$94,176
Nov 20056,61354.6910.59$70,021
Oct 20056,41858.3413.80$88,541
Sep 20056,32561.4512.08$76,400
Aug 20056,45161.519.80$63,199
Jul 20052,98055.697.84$23,374
Jun 2005052.337.38$0
May 2005045.226.65$0
Apr 2005049.207.36$0
Mar 2005050.377.15$0
Feb 20052,86845.226.31$18,103
Jan 20053,23343.166.32$20,440
Dec 20043,36839.866.75$22,738
Nov 20041,28545.286.33$8,135
Oct 2004049.706.52$0
Sep 2004043.245.28$0
Aug 20041,72042.375.55$9,547
Jul 20043,39338.286.08$20,644
Jun 20043,32436.106.43$21,383
May 20042,99637.486.49$19,458
Apr 20043,38134.475.86$19,807
Mar 20043,56334.365.53$19,704
Feb 20043,19032.455.51$17,576
Jan 20043,32832.036.30$20,965
Dec 20033,27030.266.30$20,606
Nov 20033,20628.804.60$14,732
Oct 20033,45028.174.76$16,421
Sep 20033,27826.314.75$15,568
Aug 20033,68929.765.13$18,924
Jul 20033,38029.415.17$17,477
Jun 20032,73428.565.98$16,357
May 20032,39526.595.97$14,305
Apr 20032,25126.675.41$12,172
Mar 20034,61731.146.10$28,145
Feb 20034,32633.487.93$34,287
Jan 20034,55530.315.58$25,426
Dec 20024,99226.914.85$24,230
Nov 20025,03824.664.14$20,842
Oct 20025,39326.464.23$22,808
Sep 20025,49727.443.64$19,983
Aug 20025,76925.963.16$18,254
Jul 20025,91824.583.06$18,120
Jun 20024,91323.733.34$16,401
May 20025,79624.663.58$20,773
Apr 20025,96623.653.51$20,955
Mar 20025,59022.003.10$17,344
Feb 20025,40818.222.38$12,848
Jan 20025,60717.172.38$13,320
Dec 20015,87216.932.36$13,884
Nov 20015,98918.072.41$14,407
Oct 20016,34019.782.53$16,033
Sep 20016,12924.262.25$13,798
Aug 20016,32624.873.05$19,314
Jul 20016,26723.933.20$20,036
Jun 20016,06024.563.82$23,174
May 20016,55425.524.31$28,230
Apr 20016,47024.685.34$34,520
Mar 20016,34324.545.38$34,103
Feb 20016,40327.755.77$36,927
Jan 20017,12327.478.40$59,824
Dec 20007,19726.889.12$65,655
Nov 20007,14732.215.66$40,438
Oct 20007,20831.235.15$37,089
Sep 20007,84931.875.19$40,709
Aug 20007,80529.644.54$35,441
Jul 20008,55828.534.09$35,000
Jun 20008,29229.304.40$36,462
May 20008,14227.263.68$29,961
Apr 20008,22524.513.12$25,629
Mar 20009,54528.422.86$27,296
Feb 20009,46327.622.73$25,801
Jan 20005,26725.272.48$13,065
Dec 199910724.282.42$259
Nov 19991,98323.192.43$4,827
Oct 199925820.982.80$723
Sep 199916821.752.62$440
Aug 19992,59919.262.88$7,474
Jul 19993,43117.892.37$8,140
Jun 19992,51215.942.36$5,934
May 19991,25115.792.32$2,904
Apr 19993,08415.102.21$6,810
Mar 19992,91712.471.84$5,362
Feb 19992,6129.981.82$4,748
Jan 19992,96710.381.90$5,637
Dec 19982,7989.201.77$4,962
Nov 19982,53110.892.19$5,532
Oct 19984,16612.421.97$8,204
Sep 19985,03712.592.08$10,490
Aug 19984,58711.301.91$8,749
Jul 19984,86511.742.24$10,884
Jun 19985,56611.242.24$12,453
May 19984,98612.622.21$11,001
Apr 19984,57313.042.51$11,457
Mar 19984,66512.802.31$10,774
Feb 19984,24713.952.30$9,764
Jan 19985,13714.702.15$11,069
Dec 19975,47916.322.41$13,210
Nov 19975,81918.193.09$17,971
Oct 19975,94119.253.15$18,713
Sep 19976,66017.742.95$19,680
Aug 19977,50317.862.55$19,168
Jul 19978,29617.582.25$18,641
Jun 19976,46117.242.26$14,584
May 19976,01418.972.31$13,883
Apr 19977,01117.882.08$14,602
Mar 19976,45718.951.94$12,521
Feb 19975,94420.492.21$13,112
Jan 19977,03923.483.54$24,916
Dec 19967,11623.32$0
Nov 19967,42221.97$0
Oct 19966,18223.31$0
Sep 19967,91122.22$0
Aug 19968,14620.26$0
Jul 19969,44119.55$0
Jun 19969,15318.73$0
May 199610,32419.43$0
Apr 19968,57921.51$0
Mar 199611,22119.38$0
Feb 19969,91716.98$0
Jan 199611,33917.07$0
Dec 199510,77317.19$0
Nov 199511,84416.00$0
Oct 199512,04815.43$0
Sep 199511,61416.18$0
Aug 199512,33815.92$0
Jul 199511,08515.24$0
Jun 19959,76216.41$0
May 19959,10017.56$0
Apr 199510,19317.73$0
Mar 199510,78316.44$0
Feb 19958,56716.58$0
Jan 19958,68015.92$0
Dec 19949,33015.03$0
Nov 199411,10715.90$0
Oct 199412,32315.58$0
Sep 199412,45415.29$0
Aug 199411,92716.13$0
Jul 199412,47717.56$0
Jun 199411,11017.09$0
May 19949,95015.88$0
Apr 199412,30514.14$0
Mar 19948,76712.46$0
Feb 199411,30712.50$0
Jan 199413,94712.66$0
Dec 199312,94912.33$0
Nov 199312,87914.49$0
Oct 199312,56815.85$0
Sep 199313,00615.03$0
Aug 199314,30215.66$0
Jul 199317,04315.46$0
Jun 199312,28616.79$0
May 199315,57017.68$0
Apr 199316,01218.05$0
Mar 199314,00718.14$0
Feb 199313,29717.90$0
Jan 199313,71816.93$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                  398 Mcf  × $  2.87 =     $1,142

────────────────────────────────────────────────────
Month total                                   $1,142

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/23515 is the state's own key, not one this site invented.