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 23517District 10Field 68831001GasSaveExport
Value, all time
$3.3 M
Jan 1993 – May 2026
Value, last 12 filed months
$21 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
GasProduction1,326,244 Mcf$3,345,914
Total$3,345,914

510,186 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 35.5906, -101.7317. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.59059, -101.73169 · 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
2,126 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 2,126 ft.

Completions filed
Apr 2005
1 of 1 wells

1 well

42-37500262B 132,126 ftApr 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 202650798.932.87$1,455
Mar 202652889.753.15$1,663
Feb 202645063.503.75$1,688
Jan 202655059.138.00$4,399
Dec 202549156.664.41$2,167
Nov 202546758.593.93$1,834
Oct 202549459.383.30$1,633
Sep 202548762.743.08$1,498
Aug 202537963.933.01$1,143
Jul 202549466.743.32$1,638
Jun 202549566.483.13$1,549
May 202554760.553.23$1,768
Apr 202547162.363.54$1,669
Mar 202554967.704.27$2,343
Feb 202550270.884.34$2,179
Jan 202552674.324.28$2,251
Dec 202452768.993.12$1,645
Nov 202447469.052.20$1,042
Oct 202450671.372.28$1,154
Sep 202450869.612.36$1,201
Aug 202451575.632.06$1,063
Jul 202456879.932.15$1,219
Jun 202455778.082.63$1,467
May 202456778.812.20$1,247
Apr 202448084.451.66$796
Mar 202441480.301.55$640
Feb 202431776.091.78$565
Jan 202450973.023.30$1,679
Dec 202347371.262.61$1,235
Nov 202345877.892.81$1,286
Oct 202348185.443.09$1,485
Sep 202343289.042.74$1,182
Aug 202348280.522.67$1,288
Jul 202343874.852.64$1,157
Jun 202348468.962.26$1,093
May 202350470.622.23$1,123
Apr 202350178.122.24$1,121
Mar 202348972.852.39$1,170
Feb 202340875.112.47$1,006
Jan 202350876.533.39$1,721
Dec 202247476.415.73$2,716
Nov 202248985.005.65$2,761
Oct 202249887.185.86$2,920
Sep 202249384.888.16$4,025
Aug 202251494.529.13$4,691
Jul 2022515101.587.54$3,884
Jun 2022502115.097.98$4,005
May 2022529109.378.43$4,461
Apr 2022482104.226.84$3,296
Mar 2022434108.885.08$2,203
Feb 202246591.054.86$2,259
Jan 202255681.844.54$2,523
Dec 202153571.323.90$2,086
Nov 202152377.435.24$2,739
Oct 202155179.795.71$3,148
Sep 202154469.865.35$2,911
Aug 202156666.024.22$2,389
Jul 202156170.783.98$2,234
Jun 202155869.493.38$1,886
May 202149663.483.02$1,497
Apr 202118360.362.76$505
Mar 2021061.302.72$0
Feb 202121057.805.55$1,165
Jan 202171850.412.81$2,018
Dec 202071444.642.68$1,910
Nov 202060338.772.71$1,632
Oct 202061636.972.48$1,527
Sep 202067537.091.99$1,344
Aug 202069539.982.39$1,658
Jul 202067738.371.83$1,236
Jun 202060434.901.69$1,021
May 202074516.921.81$1,352
Apr 202071114.751.80$1,283
Mar 202060730.341.86$1,127
Feb 202045849.881.98$907
Jan 202058857.252.09$1,232
Dec 2019059.012.30$0
Nov 201954155.302.75$1,488
Oct 201961053.472.42$1,475
Sep 201958355.052.66$1,549
Aug 2019053.112.30$0
Jul 201958856.272.46$1,447
Jun 201962452.782.49$1,555
May 201971158.482.74$1,948
Apr 201958262.632.75$1,601
Mar 201950556.803.06$1,546
Feb 2019050.852.79$0
Jan 2019046.033.23$0
Dec 2018046.594.19$0
Nov 2018052.934.24$0
Oct 201870361.443.40$2,389
Sep 201866159.543.11$2,054
Aug 201868959.403.07$2,113
Jul 201848365.142.93$1,416
Jun 201840260.183.08$1,237
May 201858565.382.90$1,697
Apr 201877463.842.90$2,245
Mar 201826161.222.79$727
Feb 201853161.782.77$1,469
Jan 201882562.874.01$3,308
Dec 201732457.272.92$947
Nov 201747555.423.12$1,481
Oct 201725049.292.98$746
Sep 2017047.523.09$0
Aug 2017045.373.00$0
Jul 2017043.873.09$0
Jun 2017042.493.09$0
May 201712545.373.26$408
Apr 2017047.933.21$0
Mar 201724146.772.98$719
Feb 201742450.452.95$1,252
Jan 20171,20049.413.42$4,103
Dec 201687948.763.72$3,272
Nov 20161,33842.492.64$3,538
Oct 20161,60946.193.09$4,972
Sep 201620741.553.10$642
Aug 201682441.442.92$2,410
Jul 20161,18241.622.92$3,457
Jun 20161,31345.352.69$3,526
May 20161,39542.521.99$2,778
Apr 20161,32836.561.99$2,644
Mar 20161,41633.011.79$2,540
Feb 20161,27726.472.06$2,635
Jan 20161,41527.352.36$3,346
Dec 20151,41632.362.00$2,834
Nov 20151,33638.792.17$2,896
Oct 201586143.552.43$2,089
Sep 20151,38842.992.76$3,829
Aug 201580640.162.87$2,315
Jul 20151,32748.152.95$3,908
Jun 20151,39656.152.88$4,024
May 20151,04955.212.96$3,100
Apr 20159349.822.71$252
Mar 20151,29942.892.93$3,812
Feb 201583344.662.98$2,479
Jan 20151,45243.433.10$4,502
Dec 20141,49254.693.59$5,358
Nov 20141,22070.464.25$5,187
Oct 20141,32478.303.90$5,165
Sep 201498186.164.05$3,969
Aug 20141,13089.394.04$4,560
Jul 20141,61096.564.18$6,729
Jun 20141,47798.164.74$6,996
May 20141,67894.734.73$7,931
Apr 201478195.944.81$3,756
Mar 201472795.895.06$3,676
Feb 201469797.406.19$4,316
Jan 20141,25690.404.86$6,105
Dec 20131,54091.824.35$6,706
Nov 20131,01588.853.74$3,794
Oct 20131,59197.423.78$6,013
Sep 20131,629104.113.72$6,056
Aug 20131,857104.253.52$6,541
Jul 201358102.523.72$216
Jun 201386594.403.93$3,402
May 20131,22194.834.15$5,066
Apr 20136293.964.28$266
Mar 20131,16393.623.91$4,551
Feb 20131,11991.233.42$3,827
Jan 20131,37191.603.42$4,689
Dec 20121,39286.773.42$4,761
Nov 20121,46686.953.62$5,314
Oct 20121,55789.383.40$5,293
Sep 20121,51594.672.92$4,421
Aug 20121,62492.662.91$4,723
Jul 20121,66785.133.02$5,036
Jun 20121,62779.822.52$4,098
May 20121,26491.612.49$3,145
Apr 20121,603101.652.00$3,201
Mar 20121,545105.052.22$3,433
Feb 20121,408101.102.57$3,619
Jan 20121,48798.092.73$4,066
Dec 20111,61896.873.24$5,242
Nov 20111,54295.723.31$5,106
Oct 20111,50984.983.65$5,506
Sep 201199183.623.99$3,950
Aug 20111,55883.404.15$6,465
Jul 20111,41794.144.52$6,401
Jun 20111,47292.904.64$6,830
May 20111,59398.134.40$7,017
Apr 20111,339105.964.33$5,802
Mar 20111,34296.364.06$5,445
Feb 20111,21185.644.18$5,062
Jan 20111,64386.504.59$7,539
Dec 20101,43085.734.35$6,217
Nov 20101,56380.843.80$5,932
Oct 20101,58478.103.51$5,558
Sep 20101,59872.633.98$6,359
Aug 20101,72773.684.42$7,632
Jul 20101,74672.554.74$8,270
Jun 20101,56070.364.91$7,660
May 20101,50571.124.24$6,374
Apr 20101,58881.694.12$6,547
Mar 20101,58678.394.39$6,960
Feb 20101,23873.585.44$6,738
Jan 20101,52474.365.96$9,089
Dec 20091,52671.445.48$8,368
Nov 20091,69774.593.75$6,366
Oct 20091,78672.544.11$7,341
Sep 20091,73365.543.06$5,311
Aug 20091,83667.423.22$5,909
Jul 20091,84861.133.46$6,402
Jun 20091,79866.163.90$7,003
May 20091,85354.743.93$7,274
Apr 20091,89246.773.59$6,788
Mar 20091,99542.144.06$8,098
Feb 20091,52632.814.63$7,070
Jan 20091,64435.865.37$8,830
Dec 20081,85437.105.98$11,082
Nov 20081,98455.496.86$13,611
Oct 20082,06675.246.92$14,301
Sep 20082,079101.767.88$16,376
Aug 20082,216114.228.48$18,798
Jul 20082,272131.0811.39$25,877
Jun 20082,001131.3313.03$26,078
May 20082,131123.1711.57$24,665
Apr 20081,975110.3110.45$20,648
Mar 20081,591101.909.66$15,376
Feb 20081,70892.538.77$14,980
Jan 20082,04090.388.21$16,740
Dec 20072,20588.337.30$16,101
Nov 20072,21791.677.29$16,166
Oct 20072,32982.856.92$16,121
Sep 20072,26875.846.24$14,162
Aug 20072,46469.066.39$15,740
Jul 20072,41770.906.39$15,440
Jun 20072,35662.007.55$17,784
May 20072,12458.747.85$16,666
Apr 20072,17159.617.81$16,945
Mar 20072,14456.927.30$15,655
Feb 20071,75555.108.22$14,419
Jan 20072,63550.306.73$17,725
Dec 20062,58256.656.92$17,863
Nov 20062,67954.207.62$20,407
Oct 20063,35654.906.01$20,182
Sep 20063,17660.085.04$15,998
Aug 20062,16268.717.34$15,869
Jul 20062,71769.376.34$17,233
Jun 20062,59766.286.38$16,579
May 20062,52966.016.42$16,249
Apr 20062,83264.397.36$20,845
Mar 20063,04756.707.08$21,582
Feb 20062,80357.597.75$21,726
Jan 20063,21460.598.93$28,712
Dec 20053,30154.9413.42$44,284
Nov 20053,40054.6910.59$36,001
Oct 20053,41058.3413.80$47,044
Sep 20053,91061.4512.08$47,229
Aug 20054,17761.519.80$40,921
Jul 20053,42755.697.84$26,880
Jun 2005052.337.38$0
May 20052,13045.226.65$14,167
Apr 20055,22749.207.36$38,473
Mar 2005050.377.15$0
Feb 2005045.226.31$0
Jan 2005043.166.32$0
Dec 2004039.866.75$0
Nov 2004045.286.33$0
Oct 2004049.706.52$0
Sep 2004443.245.28$21
Aug 20041,94742.375.55$10,807
Jul 20043,77138.286.08$22,943
Jun 20043,68936.106.43$23,731
May 20043,29437.486.49$21,393
Apr 20043,57034.475.86$20,915
Mar 20043,69534.365.53$20,434
Feb 20043,36332.455.51$18,529
Jan 20043,58932.036.30$22,609
Dec 20033,66430.266.30$23,089
Nov 20033,64828.804.60$16,763
Oct 20033,99028.174.76$18,991
Sep 20033,93726.314.75$18,698
Aug 20034,46429.765.13$22,899
Jul 20034,23729.415.17$21,909
Jun 20033,65228.565.98$21,850
May 20032,68426.595.97$16,031
Apr 20031,35026.675.41$7,300
Mar 20033,54631.146.10$21,617
Feb 20033,55733.487.93$28,192
Jan 20033,96630.315.58$22,138
Dec 20024,27626.914.85$20,755
Nov 20024,19524.664.14$17,355
Oct 20024,34326.464.23$18,367
Sep 20023,96227.443.64$14,403
Aug 20024,58025.963.16$14,492
Jul 20024,80924.583.06$14,724
Jun 20024,04923.733.34$13,517
May 20024,85424.663.58$17,397
Apr 20024,55823.653.51$16,009
Mar 20024,89922.003.10$15,200
Feb 20024,89218.222.38$11,622
Jan 20024,75817.172.38$11,303
Dec 20015,08516.932.36$12,023
Nov 20014,96518.072.41$11,943
Oct 20015,17419.782.53$13,084
Sep 20014,84624.262.25$10,910
Aug 20013,89824.873.05$11,901
Jul 20014,19323.933.20$13,405
Jun 20014,02424.563.82$15,388
May 20014,57925.524.31$19,723
Apr 20014,82524.685.34$25,743
Mar 20014,84124.545.38$26,027
Feb 20015,16527.755.77$29,787
Jan 20015,06827.478.40$42,565
Dec 20005,65926.889.12$51,624
Nov 20004,70732.215.66$26,632
Oct 20005,49331.235.15$28,264
Sep 20005,58331.875.19$28,956
Aug 20005,05729.644.54$22,963
Jul 20005,67228.534.09$23,197
Jun 20005,20529.304.40$22,888
May 20005,57227.263.68$20,504
Apr 20005,52224.513.12$17,207
Mar 20006,32428.422.86$18,085
Feb 20005,82327.622.73$15,876
Jan 20006,22825.272.48$15,449
Dec 19995,95724.282.42$14,438
Nov 19996,52323.192.43$15,877
Oct 19996,40920.982.80$17,969
Sep 19996,16521.752.62$16,145
Aug 19996,53819.262.88$18,801
Jul 19996,88617.892.37$16,336
Jun 19996,82115.942.36$16,112
May 19996,08615.792.32$14,126
Apr 19996,09215.102.21$13,451
Mar 19997,34912.471.84$13,510
Feb 19996,2439.981.82$11,348
Jan 19996,51910.381.90$12,386
Dec 19987,1079.201.77$12,603
Nov 19986,80310.892.19$14,869
Oct 19987,41112.421.97$14,594
Sep 19987,73912.592.08$16,117
Aug 19988,08211.301.91$15,415
Jul 19988,61311.742.24$19,270
Jun 19987,60711.242.24$17,019
May 19987,16112.622.21$15,800
Apr 19988,31413.042.51$20,829
Mar 19987,61012.802.31$17,575
Feb 19987,79713.952.30$17,926
Jan 19988,18714.702.15$17,641
Dec 19979,00616.322.41$21,714
Nov 19977,48018.193.09$23,100
Oct 19978,53219.253.15$26,874
Sep 19978,44217.742.95$24,945
Aug 19979,17817.862.55$23,447
Jul 19978,57117.582.25$19,259
Jun 19978,35517.242.26$18,859
May 19977,83418.972.31$18,085
Apr 19979,48517.882.08$19,755
Mar 19978,94618.951.94$17,348
Feb 19978,11520.492.21$17,901
Jan 19978,31823.483.54$29,443
Dec 19969,60923.32$0
Nov 19969,17221.97$0
Oct 19968,87223.31$0
Sep 19969,46122.22$0
Aug 199610,53220.26$0
Jul 199610,18919.55$0
Jun 19968,85318.73$0
May 199610,45219.43$0
Apr 199610,28321.51$0
Mar 199610,49619.38$0
Feb 19969,71916.98$0
Jan 199610,95717.07$0
Dec 199510,67417.19$0
Nov 199510,81616.00$0
Oct 199511,05915.43$0
Sep 199511,09116.18$0
Aug 199510,89815.92$0
Jul 19959,97615.24$0
Jun 19959,08716.41$0
May 19959,09617.56$0
Apr 19959,47217.73$0
Mar 199510,19716.44$0
Feb 19958,36416.58$0
Jan 19958,66815.92$0
Dec 19949,37215.03$0
Nov 199411,01915.90$0
Oct 199411,66815.58$0
Sep 199411,64015.29$0
Aug 199411,22516.13$0
Jul 199411,84317.56$0
Jun 199410,25217.09$0
May 199410,02115.88$0
Apr 19946,26114.14$0
Mar 199410,66012.46$0
Feb 199410,44012.50$0
Jan 199412,40312.66$0
Dec 199311,42912.33$0
Nov 199311,38614.49$0
Oct 199310,10315.85$0
Sep 199311,13415.03$0
Aug 199312,10315.66$0
Jul 199313,97115.46$0
Jun 19939,52816.79$0
May 199313,24917.68$0
Apr 199313,96518.05$0
Mar 199313,46718.14$0
Feb 199312,31617.90$0
Jan 199312,73816.93$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                  507 Mcf  × $  2.87 =     $1,455

────────────────────────────────────────────────────
Month total                                   $1,455

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/23517 is the state's own key, not one this site invented.