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 23520District 10Field 68831001NGPA filingGasSaveExport
Value, all time
$3.3 M
Jan 1993 – May 2026
Value, last 12 filed months
$27 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
GasProduction1,332,704 Mcf$3,297,243
Total$3,297,243

521,630 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 35.5869, -101.9215. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.58694, -101.92154 · 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
Jul 2003
1 of 1 wells

1 well

42-37500300B 16Jul 2003

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 202663698.932.87$1,825
Mar 202660189.753.15$1,893
Feb 202654763.503.75$2,051
Jan 202658459.138.00$4,671
Dec 202566256.664.41$2,922
Nov 202565458.593.93$2,568
Oct 202571159.383.30$2,350
Sep 202562062.743.08$1,908
Aug 202567063.933.01$2,020
Jul 202569766.743.32$2,311
Jun 202569766.483.13$2,181
May 202572860.553.23$2,353
Apr 202571962.363.54$2,548
Mar 202551467.704.27$2,194
Feb 202568070.884.34$2,952
Jan 202575474.324.28$3,226
Dec 202464468.993.12$2,010
Nov 202467969.052.20$1,493
Oct 202474871.372.28$1,706
Sep 202474369.612.36$1,757
Aug 202476775.632.06$1,583
Jul 202473979.932.15$1,586
Jun 202470778.082.63$1,862
May 202472578.812.20$1,594
Apr 202468784.451.66$1,140
Mar 202470580.301.55$1,089
Feb 202466176.091.78$1,179
Jan 202471573.023.30$2,358
Dec 202382771.262.61$2,159
Nov 202377177.892.81$2,165
Oct 202383685.443.09$2,581
Sep 202382389.042.74$2,251
Aug 202386880.522.67$2,320
Jul 20231,03774.852.64$2,740
Jun 202382168.962.26$1,854
May 202389070.622.23$1,982
Apr 202384978.122.24$1,900
Mar 202386072.852.39$2,058
Feb 202376975.112.47$1,896
Jan 202381876.533.39$2,771
Dec 202285076.415.73$4,870
Nov 202280685.005.65$4,551
Oct 202288287.185.86$5,172
Sep 202287784.888.16$7,160
Aug 202290994.529.13$8,297
Jul 2022947101.587.54$7,142
Jun 2022853115.097.98$6,805
May 2022870109.378.43$7,337
Apr 2022855104.226.84$5,846
Mar 2022943108.885.08$4,787
Feb 202234591.054.86$1,676
Jan 202274281.844.54$3,367
Dec 202177571.323.90$3,022
Nov 202171477.435.24$3,739
Oct 202179679.795.71$4,548
Sep 202179569.865.35$4,254
Aug 202184466.024.22$3,562
Jul 202187170.783.98$3,468
Jun 202184869.493.38$2,867
May 202194963.483.02$2,864
Apr 202154560.362.76$1,503
Mar 202180561.302.72$2,187
Feb 202145357.805.55$2,513
Jan 202187850.412.81$2,467
Dec 202089444.642.68$2,392
Nov 202077138.772.71$2,087
Oct 202071336.972.48$1,767
Sep 202077537.091.99$1,543
Aug 202078139.982.39$1,863
Jul 202082238.371.83$1,500
Jun 202078334.901.69$1,324
May 202080316.921.81$1,457
Apr 202073814.751.80$1,332
Mar 202072630.341.86$1,348
Feb 202068949.881.98$1,365
Jan 202071157.252.09$1,489
Dec 2019059.012.30$0
Nov 201969055.302.75$1,898
Oct 201979653.472.42$1,925
Sep 201985555.052.66$2,272
Aug 2019053.112.30$0
Jul 201988356.272.46$2,172
Jun 201991352.782.49$2,274
May 201992458.482.74$2,532
Apr 201993062.632.75$2,558
Mar 201985556.803.06$2,618
Feb 2019050.852.79$0
Jan 2019046.033.23$0
Dec 2018046.594.19$0
Nov 2018052.934.24$0
Oct 201898161.443.40$3,334
Sep 201897659.543.11$3,033
Aug 20181,03159.403.07$3,162
Jul 20181,05165.142.93$3,081
Jun 20181,00260.183.08$3,083
May 20181,09165.382.90$3,165
Apr 20181,16563.842.90$3,379
Mar 201824461.222.79$680
Feb 201886161.782.77$2,382
Jan 20181,00262.874.01$4,017
Dec 20171,08157.272.92$3,158
Nov 20171,14455.423.12$3,567
Oct 201770749.292.98$2,109
Sep 201756347.523.09$1,738
Aug 20171,09245.373.00$3,281
Jul 201783543.873.09$2,578
Jun 20171,04942.493.09$3,239
May 20171,12745.373.26$3,678
Apr 20171,03147.933.21$3,311
Mar 20171,14046.772.98$3,401
Feb 20171,02650.452.95$3,029
Jan 20171,12049.413.42$3,829
Dec 20161,22248.763.72$4,549
Nov 20161,30642.492.64$3,454
Oct 201671946.193.09$2,222
Sep 2016341.553.10$9
Aug 20161,11541.442.92$3,261
Jul 20161,18541.622.92$3,465
Jun 20161,13445.352.69$3,046
May 20161,16542.521.99$2,320
Apr 20161,12436.561.99$2,238
Mar 20161,17733.011.79$2,112
Feb 20161,03126.472.06$2,128
Jan 20161,15427.352.36$2,728
Dec 20151,12732.362.00$2,256
Nov 20151,14638.792.17$2,484
Oct 20151,13443.552.43$2,752
Sep 20151,14942.992.76$3,169
Aug 20151,06840.162.87$3,068
Jul 20151,24148.152.95$3,655
Jun 20151,31956.152.88$3,802
May 201565955.212.96$1,948
Apr 20151,18949.822.71$3,218
Mar 20151,21742.892.93$3,572
Feb 201575544.662.98$2,247
Jan 201596343.433.10$2,986
Dec 20141,20154.693.59$4,313
Nov 20141,15070.464.25$4,890
Oct 20141,12978.303.90$4,404
Sep 20141,10186.164.05$4,454
Aug 201491389.394.04$3,684
Jul 20141,26296.564.18$5,275
Jun 20141,20198.164.74$5,689
May 20141,16594.734.73$5,506
Apr 20141,12595.944.81$5,410
Mar 20141,24195.895.06$6,275
Feb 20141,01597.406.19$6,285
Jan 20141,21190.404.86$5,886
Dec 20131,17691.824.35$5,121
Nov 20131,22788.853.74$4,587
Oct 20131,30597.423.78$4,932
Sep 20131,292104.113.72$4,803
Aug 20131,351104.253.52$4,759
Jul 20131,397102.523.72$5,194
Jun 201396194.403.93$3,780
May 201391794.834.15$3,805
Apr 20131,25093.964.28$5,353
Mar 20131,30993.623.91$5,122
Feb 20131,17291.233.42$4,008
Jan 20131,30291.603.42$4,453
Dec 20121,32186.773.42$4,518
Nov 20121,31886.953.62$4,778
Oct 20121,36889.383.40$4,651
Sep 20121,34794.672.92$3,931
Aug 20121,41792.662.91$4,121
Jul 20121,45085.133.02$4,380
Jun 20121,38479.822.52$3,486
May 20121,28791.612.49$3,202
Apr 20121,367101.652.00$2,730
Mar 20121,438105.052.22$3,195
Feb 20121,311101.102.57$3,370
Jan 20121,42498.092.73$3,893
Dec 20111,40896.873.24$4,562
Nov 20111,38795.723.31$4,593
Oct 20111,46384.983.65$5,338
Sep 20111,45083.623.99$5,779
Aug 20111,56883.404.15$6,506
Jul 20111,43294.144.52$6,469
Jun 20111,49192.904.64$6,918
May 20111,61398.134.40$7,105
Apr 20111,395105.964.33$6,045
Mar 20111,59696.364.06$6,476
Feb 20111,37385.644.18$5,739
Jan 20111,59486.504.59$7,315
Dec 20101,60385.734.35$6,969
Nov 20101,57280.843.80$5,966
Oct 20101,63578.103.51$5,737
Sep 20101,60872.633.98$6,399
Aug 20101,68873.684.42$7,460
Jul 20101,75672.554.74$8,317
Jun 20101,44970.364.91$7,115
May 20101,34271.124.24$5,684
Apr 20101,61081.694.12$6,638
Mar 20101,63078.394.39$7,154
Feb 20101,44573.585.44$7,864
Jan 20101,68974.365.96$10,073
Dec 20091,57871.445.48$8,653
Nov 20091,65274.593.75$6,197
Oct 20091,75572.544.11$7,213
Sep 20091,71265.543.06$5,247
Aug 20091,78867.423.22$5,755
Jul 20091,79461.133.46$6,215
Jun 20091,77666.163.90$6,918
May 20091,80454.743.93$7,082
Apr 20091,76346.773.59$6,325
Mar 20091,78942.144.06$7,262
Feb 20091,71032.814.63$7,922
Jan 20091,89835.865.37$10,194
Dec 20081,86237.105.98$11,129
Nov 20081,82755.496.86$12,534
Oct 20081,91775.246.92$13,269
Sep 20081,849101.767.88$14,565
Aug 20081,934114.228.48$16,406
Jul 20081,975131.0811.39$22,494
Jun 20081,906131.3313.03$24,840
May 20081,901123.1711.57$22,003
Apr 20081,930110.3110.45$20,178
Mar 20081,976101.909.66$19,096
Feb 20081,87192.538.77$16,410
Jan 20082,02890.388.21$16,641
Dec 20072,01088.337.30$14,677
Nov 20071,99091.677.29$14,510
Oct 20072,11482.856.92$14,633
Sep 20072,09075.846.24$13,050
Aug 20072,18769.066.39$13,970
Jul 20072,26870.906.39$14,488
Jun 20072,29562.007.55$17,324
May 20072,19958.747.85$17,254
Apr 20072,23559.617.81$17,445
Mar 20072,31256.927.30$16,882
Feb 20072,02555.108.22$16,637
Jan 20072,31050.306.73$15,539
Dec 20062,16856.656.92$14,999
Nov 20062,28454.207.62$17,398
Oct 20062,45754.906.01$14,776
Sep 20062,37160.085.04$11,943
Aug 20062,16068.717.34$15,854
Jul 20062,57469.376.34$16,326
Jun 20062,50566.286.38$15,992
May 20062,49066.016.42$15,998
Apr 20062,55064.397.36$18,769
Mar 20062,63156.707.08$18,635
Feb 20062,36557.597.75$18,331
Jan 20062,72760.598.93$24,361
Dec 20052,59254.9413.42$34,773
Nov 20052,67954.6910.59$28,366
Oct 20052,98058.3413.80$41,111
Sep 20053,20461.4512.08$38,701
Aug 20052,40461.519.80$23,552
Jul 20052,90355.697.84$22,770
Jun 2005052.337.38$0
May 20051,34445.226.65$8,939
Apr 20052,85549.207.36$21,014
Mar 20052,88450.377.15$20,635
Feb 20052,64445.226.31$16,689
Jan 20052,89743.166.32$18,315
Dec 20043,10839.866.75$20,982
Nov 20042,82245.286.33$17,864
Oct 20043,19449.706.52$20,809
Sep 20043,22243.245.28$17,025
Aug 20043,39642.375.55$18,850
Jul 20043,47138.286.08$21,118
Jun 20043,45736.106.43$22,239
May 20043,10137.486.49$20,140
Apr 20043,36334.475.86$19,702
Mar 20043,57234.365.53$19,754
Feb 20043,34132.455.51$18,408
Jan 20043,69432.036.30$23,271
Dec 20033,57830.266.30$22,547
Nov 20033,66128.804.60$16,823
Oct 20033,96628.174.76$18,877
Sep 20034,42226.314.75$21,002
Aug 20034,45129.765.13$22,832
Jul 20033,26229.415.17$16,867
Jun 2003028.565.98$0
May 2003026.595.97$0
Apr 2003026.675.41$0
Mar 2003031.146.10$0
Feb 200328633.487.93$2,267
Jan 20033,59330.315.58$20,056
Dec 20023,68426.914.85$17,881
Nov 20023,62224.664.14$14,984
Oct 20023,75826.464.23$15,893
Sep 20023,80127.443.64$13,817
Aug 20024,00625.963.16$12,676
Jul 20024,13424.583.06$12,657
Jun 20023,23423.733.34$10,796
May 20024,11324.663.58$14,741
Apr 20024,38523.653.51$15,402
Mar 20024,05722.003.10$12,588
Feb 20023,91618.222.38$9,303
Jan 20024,03817.172.38$9,593
Dec 20014,30016.932.36$10,167
Nov 20014,35218.072.41$10,469
Oct 20014,39419.782.53$11,112
Sep 20014,07424.262.25$9,172
Aug 20014,38924.873.05$13,400
Jul 20015,04023.933.20$16,113
Jun 20014,19024.563.82$16,023
May 20014,63525.524.31$19,964
Apr 20014,31424.685.34$23,017
Mar 20014,86824.545.38$26,173
Feb 20014,88527.755.77$28,172
Jan 20015,32427.478.40$44,715
Dec 20005,19826.889.12$47,419
Nov 20005,31932.215.66$30,095
Oct 20005,85031.235.15$30,101
Sep 20005,31831.875.19$27,582
Aug 20005,71229.644.54$25,937
Jul 20005,78428.534.09$23,655
Jun 20004,94429.304.40$21,740
May 20006,03327.263.68$22,200
Apr 20005,58824.513.12$17,412
Mar 20006,30628.422.86$18,034
Feb 20005,63127.622.73$15,353
Jan 20006,61625.272.48$16,411
Dec 19996,03624.282.42$14,630
Nov 19996,74223.192.43$16,410
Oct 19996,52320.982.80$18,289
Sep 19996,42421.752.62$16,823
Aug 19997,40819.262.88$21,302
Jul 19997,08217.892.37$16,801
Jun 19997,46715.942.36$17,638
May 19997,54515.792.32$17,512
Apr 19994,85815.102.21$10,727
Mar 19996,72312.471.84$12,359
Feb 19995,9689.981.82$10,849
Jan 19997,61310.381.90$14,464
Dec 19988,0339.201.77$14,245
Nov 19988,34810.892.19$18,246
Oct 19988,52612.421.97$16,789
Sep 19988,74212.592.08$18,206
Aug 19989,17811.301.91$17,506
Jul 19989,47011.742.24$21,187
Jun 19989,34011.242.24$20,896
May 199810,82412.622.21$23,881
Apr 199811,83913.042.51$29,661
Mar 19986,11512.802.31$14,122
Feb 19983,37413.952.30$7,757
Jan 19983,13714.702.15$6,760
Dec 19974,55816.322.41$10,990
Nov 19975,25218.193.09$16,220
Oct 19975,48919.253.15$17,289
Sep 19976,23917.742.95$18,436
Aug 19977,10917.862.55$18,162
Jul 19977,34217.582.25$16,497
Jun 19977,01817.242.26$15,841
May 19977,07618.972.31$16,335
Apr 19976,79717.882.08$14,157
Mar 19976,93718.951.94$13,452
Feb 19975,82820.492.21$12,856
Jan 19976,05423.483.54$21,429
Dec 19966,15223.32$0
Nov 19966,42521.97$0
Oct 19967,54523.31$0
Sep 19966,32122.22$0
Aug 19967,68120.26$0
Jul 19969,65019.55$0
Jun 19967,88718.73$0
May 19969,49219.43$0
Apr 19968,53221.51$0
Mar 19967,55719.38$0
Feb 19968,10816.98$0
Jan 19968,79517.07$0
Dec 19959,37517.19$0
Nov 19959,49116.00$0
Oct 199520,51315.43$0
Sep 19959,52216.18$0
Aug 199510,77915.92$0
Jul 199510,66115.24$0
Jun 199510,03616.41$0
May 199510,22617.56$0
Apr 19958,94417.73$0
Mar 19959,82416.44$0
Feb 19957,28916.58$0
Jan 19959,25515.92$0
Dec 199410,14315.03$0
Nov 199413,55115.90$0
Oct 199412,45315.58$0
Sep 199411,61915.29$0
Aug 199412,29316.13$0
Jul 199412,22617.56$0
Jun 199411,36417.09$0
May 199410,53415.88$0
Apr 19948,98614.14$0
Mar 199412,48312.46$0
Feb 199411,15412.50$0
Jan 199412,90512.66$0
Dec 199312,62312.33$0
Nov 199313,05914.49$0
Oct 199313,52615.85$0
Sep 199313,56215.03$0
Aug 199314,30315.66$0
Jul 199313,76815.46$0
Jun 199314,08416.79$0
May 199312,74217.68$0
Apr 199313,52318.05$0
Mar 199313,96618.14$0
Feb 199312,83817.90$0
Jan 199313,86516.93$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                  636 Mcf  × $  2.87 =     $1,825

────────────────────────────────────────────────────
Month total                                   $1,825

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/23520 is the state's own key, not one this site invented.