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 23522District 10Field 68831001GasSaveExport
Value, all time
$2.6 M
Jan 1993 – May 2026
Value, last 12 filed months
$29 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
GasProduction1,060,691 Mcf$2,595,971
Total$2,595,971

498,031 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 35.6211, -101.7866. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.62113, -101.78657 · 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

42-34100220B 18

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 202672998.932.87$2,092
Mar 202655789.753.15$1,754
Feb 202659563.503.75$2,231
Jan 202665859.138.00$5,263
Dec 202568556.664.41$3,023
Nov 202572758.593.93$2,855
Oct 202578459.383.30$2,591
Sep 202578762.743.08$2,422
Aug 202566263.933.01$1,996
Jul 202580466.743.32$2,665
Jun 202577366.483.13$2,419
May 202580560.553.23$2,602
Apr 202576662.363.54$2,714
Mar 202565667.704.27$2,800
Feb 202567170.884.34$2,913
Jan 202575774.324.28$3,239
Dec 202477468.993.12$2,416
Nov 202477869.052.20$1,710
Oct 202474471.372.28$1,697
Sep 202481169.612.36$1,918
Aug 202485075.632.06$1,754
Jul 202487179.932.15$1,870
Jun 202484378.082.63$2,220
May 202482878.812.20$1,820
Apr 202478984.451.66$1,309
Mar 202481480.301.55$1,258
Feb 202473376.091.78$1,307
Jan 202471973.023.30$2,371
Dec 202384071.262.61$2,193
Nov 202384277.892.81$2,364
Oct 202387385.443.09$2,695
Sep 202385789.042.74$2,344
Aug 202388080.522.67$2,352
Jul 202380574.852.64$2,127
Jun 202384068.962.26$1,897
May 202389170.622.23$1,985
Apr 202384678.122.24$1,893
Mar 202384272.852.39$2,015
Feb 202374075.112.47$1,825
Jan 202385176.533.39$2,883
Dec 202289076.415.73$5,099
Nov 202288585.005.65$4,997
Oct 202295687.185.86$5,606
Sep 202294984.888.16$7,747
Aug 202299094.529.13$9,036
Jul 20221,006101.587.54$7,587
Jun 2022941115.097.98$7,507
May 2022926109.378.43$7,809
Apr 2022872104.226.84$5,962
Mar 2022888108.885.08$4,508
Feb 202237391.054.86$1,812
Jan 20221781.844.54$77
Dec 202183871.323.90$3,267
Nov 202185777.435.24$4,488
Oct 202176279.795.71$4,354
Sep 202188169.865.35$4,714
Aug 20211,00066.024.22$4,221
Jul 20211,02370.783.98$4,074
Jun 20211,00569.493.38$3,398
May 20211,04263.483.02$3,144
Apr 202150160.362.76$1,382
Mar 202175761.302.72$2,057
Feb 202150157.805.55$2,780
Jan 202195450.412.81$2,681
Dec 202097444.642.68$2,606
Nov 202089038.772.71$2,409
Oct 202088036.972.48$2,181
Sep 20201,04837.091.99$2,087
Aug 20201,02539.982.39$2,445
Jul 20201,03038.371.83$1,880
Jun 202095634.901.69$1,616
May 20201,02416.921.81$1,858
Apr 202098914.751.80$1,785
Mar 202093930.341.86$1,743
Feb 202087049.881.98$1,723
Jan 202095557.252.09$2,000
Dec 2019059.012.30$0
Nov 201984755.302.75$2,330
Oct 201999953.472.42$2,416
Sep 20191,01855.052.66$2,705
Aug 2019053.112.30$0
Jul 20191,07256.272.46$2,637
Jun 20191,05752.782.49$2,633
May 20191,16658.482.74$3,195
Apr 201966462.632.75$1,826
Mar 201979756.803.06$2,440
Feb 2019050.852.79$0
Jan 2019046.033.23$0
Dec 2018046.594.19$0
Nov 2018052.934.24$0
Oct 20181,09961.443.40$3,734
Sep 20181,11459.543.11$3,462
Aug 20181,18659.403.07$3,637
Jul 20181,08765.142.93$3,187
Jun 20181,14460.183.08$3,520
May 20181,19565.382.90$3,466
Apr 20181,20163.842.90$3,484
Mar 201831761.222.79$883
Feb 20181,07061.782.77$2,960
Jan 201897362.874.01$3,901
Dec 201798757.272.92$2,884
Nov 20171,22255.423.12$3,811
Oct 201759549.292.98$1,775
Sep 201768147.523.09$2,102
Aug 201787445.373.00$2,626
Jul 201736443.873.09$1,124
Jun 20171,09042.493.09$3,365
May 20171,04645.373.26$3,414
Apr 20171,07947.933.21$3,465
Mar 20171,16946.772.98$3,488
Feb 20171,05250.452.95$3,106
Jan 20171,05149.413.42$3,593
Dec 20161,12748.763.72$4,196
Nov 20161,16042.492.64$3,067
Oct 20161,23246.193.09$3,807
Sep 201684641.553.10$2,623
Aug 201668141.442.92$1,991
Jul 20161,22141.622.92$3,571
Jun 20161,15245.352.69$3,094
May 20161,19842.521.99$2,385
Apr 20161,11236.561.99$2,214
Mar 20161,18033.011.79$2,117
Feb 20161,08326.472.06$2,235
Jan 20161,16727.352.36$2,759
Dec 20151,09132.362.00$2,184
Nov 20151,15038.792.17$2,492
Oct 20151,23643.552.43$2,999
Sep 20151,23242.992.76$3,398
Aug 20151,25140.162.87$3,593
Jul 20151,23748.152.95$3,643
Jun 20151,24956.152.88$3,601
May 201594655.212.96$2,796
Apr 20151,24349.822.71$3,364
Mar 20151,25842.892.93$3,692
Feb 20151,08944.662.98$3,241
Jan 20151,24143.433.10$3,848
Dec 20141,26254.693.59$4,532
Nov 201481670.464.25$3,470
Oct 20141,35878.303.90$5,298
Sep 20141,12286.164.05$4,539
Aug 201492189.394.04$3,716
Jul 20141,23596.564.18$5,162
Jun 20141,28398.164.74$6,077
May 20141,28994.734.73$6,093
Apr 20141,29595.944.81$6,228
Mar 20141,32595.895.06$6,700
Feb 20141,13097.406.19$6,997
Jan 20141,38090.404.86$6,708
Dec 20131,09991.824.35$4,786
Nov 20131,43088.853.74$5,346
Oct 20131,55397.423.78$5,869
Sep 20131,509104.113.72$5,610
Aug 20131,584104.253.52$5,580
Jul 20131,549102.523.72$5,759
Jun 20131,56594.403.93$6,156
May 20131,24494.834.15$5,161
Apr 20131,47193.964.28$6,300
Mar 20131,37193.623.91$5,365
Feb 20131,38191.233.42$4,723
Jan 20131,53291.603.42$5,239
Dec 20121,57586.773.42$5,387
Nov 20121,55286.953.62$5,626
Oct 20121,65289.383.40$5,616
Sep 20121,63494.672.92$4,769
Aug 20121,56892.662.91$4,560
Jul 20121,70685.133.02$5,153
Jun 20121,60179.822.52$4,033
May 20121,23491.612.49$3,071
Apr 20121,618101.652.00$3,231
Mar 20121,718105.052.22$3,818
Feb 20121,588101.102.57$4,082
Jan 20121,68098.092.73$4,593
Dec 20111,67896.873.24$5,436
Nov 20111,67795.723.31$5,553
Oct 20111,75984.983.65$6,418
Sep 20111,75283.623.99$6,983
Aug 20111,84883.404.15$7,668
Jul 20111,75594.144.52$7,928
Jun 20111,74992.904.64$8,115
May 20111,90298.134.40$8,378
Apr 20111,726105.964.33$7,479
Mar 20111,89696.364.06$7,693
Feb 20111,70285.644.18$7,114
Jan 20111,90086.504.59$8,719
Dec 20101,85185.734.35$8,048
Nov 20101,90080.843.80$7,211
Oct 20101,98978.103.51$6,979
Sep 20101,93372.633.98$7,692
Aug 20102,02673.684.42$8,954
Jul 20102,02372.554.74$9,582
Jun 20101,96970.364.91$9,669
May 20101,00371.124.24$4,248
Apr 20101,55781.694.12$6,419
Mar 20101,43678.394.39$6,302
Feb 20101,11573.585.44$6,068
Jan 20101,51674.365.96$9,042
Dec 20091,60371.445.48$8,790
Nov 20091,61674.593.75$6,062
Oct 20091,76172.544.11$7,238
Sep 20091,86165.543.06$5,704
Aug 20091,96967.423.22$6,337
Jul 20092,04561.133.46$7,085
Jun 20091,99666.163.90$7,774
May 20092,07254.743.93$8,134
Apr 20092,09546.773.59$7,516
Mar 20092,12342.144.06$8,617
Feb 20092,03132.814.63$9,410
Jan 20092,27835.865.37$12,235
Dec 20082,29137.105.98$13,694
Nov 20082,19055.496.86$15,024
Oct 20082,26575.246.92$15,678
Sep 20082,268101.767.88$17,865
Aug 20082,371114.228.48$20,113
Jul 20082,415131.0811.39$27,505
Jun 20082,363131.3313.03$30,796
May 20082,407123.1711.57$27,859
Apr 20082,438110.3110.45$25,489
Mar 20082,544101.909.66$24,585
Feb 20082,26092.538.77$19,822
Jan 20082,71290.388.21$22,254
Dec 20072,73188.337.30$19,942
Nov 20072,76291.677.29$20,140
Oct 20072,83282.856.92$19,603
Sep 20072,83575.846.24$17,702
Aug 20072,83069.066.39$18,078
Jul 20072,85370.906.39$18,225
Jun 20072,82062.007.55$21,287
May 20072,84758.747.85$22,338
Apr 20072,83159.617.81$22,097
Mar 20072,95456.927.30$21,570
Feb 20072,63755.108.22$21,666
Jan 20072,86150.306.73$19,246
Dec 20062,68556.656.92$18,576
Nov 20062,87954.207.62$21,931
Oct 20063,11254.906.01$18,715
Sep 20063,10360.085.04$15,630
Aug 20063,14068.717.34$23,047
Jul 20063,09169.376.34$19,605
Jun 20062,96666.286.38$18,935
May 20062,93366.016.42$18,845
Apr 20063,10964.397.36$22,884
Mar 20063,20556.707.08$22,701
Feb 20062,93657.597.75$22,757
Jan 20063,26860.598.93$29,194
Dec 20053,17054.9413.42$42,527
Nov 20053,29154.6910.59$34,846
Oct 20053,48458.3413.80$48,064
Sep 20053,44761.4512.08$41,636
Aug 20053,66361.519.80$35,886
Jul 20053,01555.697.84$23,649
Jun 2005052.337.38$0
May 200557245.226.65$3,804
Apr 20052,96849.207.36$21,846
Mar 20053,38850.377.15$24,241
Feb 20053,09045.226.31$19,504
Jan 20052,81943.166.32$17,822
Dec 20043,20539.866.75$21,637
Nov 200482045.286.33$5,191
Oct 20043,76249.706.52$24,510
Sep 20043,79543.245.28$20,052
Aug 20043,96642.375.55$22,014
Jul 20043,09938.286.08$18,855
Jun 20043,35936.106.43$21,609
May 20043,22237.486.49$20,926
Apr 20043,43034.475.86$20,095
Mar 20042,97334.365.53$16,441
Feb 20043,50932.455.51$19,333
Jan 20043,59332.036.30$22,635
Dec 20034,27730.266.30$26,952
Nov 20033,75628.804.60$17,259
Oct 20034,83828.174.76$23,027
Sep 20034,30126.314.75$20,427
Aug 20035,35829.765.13$27,485
Jul 200380729.415.17$4,173
Jun 2003028.565.98$0
May 2003026.595.97$0
Apr 2003026.675.41$0
Mar 2003031.146.10$0
Feb 2003033.487.93$0
Jan 2003030.315.58$0
Dec 2002026.914.85$0
Nov 2002024.664.14$0
Oct 2002026.464.23$0
Sep 2002027.443.64$0
Aug 2002025.963.16$0
Jul 2002024.583.06$0
Jun 2002023.733.34$0
May 2002024.663.58$0
Apr 2002023.653.51$0
Mar 2002022.003.10$0
Feb 2002018.222.38$0
Jan 2002017.172.38$0
Dec 2001016.932.36$0
Nov 2001018.072.41$0
Oct 2001019.782.53$0
Sep 2001024.262.25$0
Aug 2001024.873.05$0
Jul 2001023.933.20$0
Jun 2001024.563.82$0
May 2001025.524.31$0
Apr 2001024.685.34$0
Mar 2001024.545.38$0
Feb 2001027.755.77$0
Jan 2001027.478.40$0
Dec 2000026.889.12$0
Nov 2000032.215.66$0
Oct 2000031.235.15$0
Sep 2000031.875.19$0
Aug 2000029.644.54$0
Jul 2000028.534.09$0
Jun 2000029.304.40$0
May 2000027.263.68$0
Apr 2000024.513.12$0
Mar 2000028.422.86$0
Feb 2000027.622.73$0
Jan 2000025.272.48$0
Dec 1999024.282.42$0
Nov 1999023.192.43$0
Oct 1999020.982.80$0
Sep 1999021.752.62$0
Aug 1999019.262.88$0
Jul 1999017.892.37$0
Jun 1999015.942.36$0
May 1999015.792.32$0
Apr 1999015.102.21$0
Mar 1999012.471.84$0
Feb 199909.981.82$0
Jan 1999010.381.90$0
Dec 199809.201.77$0
Nov 1998010.892.19$0
Oct 1998012.421.97$0
Sep 1998012.592.08$0
Aug 1998011.301.91$0
Jul 19982,00011.742.24$4,475
Jun 19987,12211.242.24$15,934
May 19985,93912.622.21$13,103
Apr 19986,65013.042.51$16,660
Mar 19986,29712.802.31$14,543
Feb 19986,62313.952.30$15,227
Jan 19987,38914.702.15$15,922
Dec 19977,46916.322.41$18,009
Nov 19977,34218.193.09$22,674
Oct 19977,50819.253.15$23,649
Sep 19977,37717.742.95$21,798
Aug 19977,83017.862.55$20,004
Jul 19978,11417.582.25$18,232
Jun 19978,25817.242.26$18,640
May 19977,47318.972.31$17,251
Apr 19977,23017.882.08$15,059
Mar 19977,83618.951.94$15,195
Feb 19977,10920.492.21$15,682
Jan 19978,36223.483.54$29,599
Dec 19968,29523.32$0
Nov 19968,07421.97$0
Oct 19969,35423.31$0
Sep 19968,72222.22$0
Aug 19967,92420.26$0
Jul 19968,78719.55$0
Jun 19969,93518.73$0
May 199610,35219.43$0
Apr 19969,49321.51$0
Mar 19969,77419.38$0
Feb 19969,23516.98$0
Jan 199610,26617.07$0
Dec 19959,99717.19$0
Nov 199510,74516.00$0
Oct 199510,76815.43$0
Sep 19959,21816.18$0
Aug 199510,85715.92$0
Jul 19959,68115.24$0
Jun 19957,80716.41$0
May 19958,55817.56$0
Apr 19958,73217.73$0
Mar 19958,36016.44$0
Feb 19957,85016.58$0
Jan 19957,69715.92$0
Dec 19949,14615.03$0
Nov 199410,85215.90$0
Oct 19949,94815.58$0
Sep 19949,95215.29$0
Aug 19949,91516.13$0
Jul 199410,83117.56$0
Jun 19948,51017.09$0
May 19946,85215.88$0
Apr 19949,61514.14$0
Mar 199412,15512.46$0
Feb 199411,01012.50$0
Jan 199413,09812.66$0
Dec 199312,59012.33$0
Nov 199312,22714.49$0
Oct 199312,88515.85$0
Sep 199312,33615.03$0
Aug 199314,52415.66$0
Jul 199313,39215.46$0
Jun 199311,28216.79$0
May 199313,07017.68$0
Apr 199313,86218.05$0
Mar 199313,68518.14$0
Feb 199312,08117.90$0
Jan 199313,73216.93$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                  729 Mcf  × $  2.87 =     $2,092

────────────────────────────────────────────────────
Month total                                   $2,092

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/23522 is the state's own key, not one this site invented.