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 23523District 10Field 68831001GasSave
Value, all time
$8.2 M
Jan 1993 – May 2026
Value, last 12 filed months
$101 k
at the published price for each month
Months reported
401
no gaps in the span
Streams
1
gas

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
GasProduction2,854,556 Mcf$8,226,807
Total$8,226,807

808,821 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 35.6120, -101.7837. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.61196, -101.78372 · 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
1,744 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 1,744 ft.

Completions filed
Dec 2004
1 of 1 wells

1 well

42-37500210B 191,744 ftDec 2004

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 20262,75698.932.87$7,909
Mar 20262,10589.753.15$6,630
Feb 20262,19563.503.75$8,232
Jan 20262,06859.138.00$16,540
Dec 20252,31856.664.41$10,230
Nov 20252,52658.593.93$9,918
Oct 20252,70059.383.30$8,923
Sep 20252,71662.743.08$8,357
Aug 20252,27763.933.01$6,865
Jul 20252,79466.743.32$9,263
Jun 20252,71966.483.13$8,507
May 20252,83960.553.23$9,177
Apr 20252,68862.363.54$9,524
Mar 20252,24267.704.27$9,570
Feb 20252,30270.884.34$9,993
Jan 20252,57874.324.28$11,030
Dec 20242,54568.993.12$7,944
Nov 20242,53169.052.20$5,564
Oct 20242,73171.372.28$6,231
Sep 20242,67769.612.36$6,329
Aug 20242,59175.632.06$5,347
Jul 20243,06579.932.15$6,579
Jun 20243,08778.082.63$8,131
May 20243,19278.812.20$7,017
Apr 20241,96884.451.66$3,265
Mar 20243,05880.301.55$4,725
Feb 20242,62176.091.78$4,675
Jan 20242,71773.023.30$8,960
Dec 20232,94371.262.61$7,683
Nov 20233,00077.892.81$8,423
Oct 20233,06085.443.09$9,447
Sep 20232,91989.042.74$7,984
Aug 20233,04880.522.67$8,147
Jul 20235,64574.852.64$14,913
Jun 20232,87568.962.26$6,493
May 20233,04770.622.23$6,787
Apr 20232,91578.122.24$6,523
Mar 20232,84672.852.39$6,811
Feb 20232,55475.112.47$6,297
Jan 20232,76976.533.39$9,381
Dec 20222,73176.415.73$15,646
Nov 20222,87185.005.65$16,210
Oct 20223,12787.185.86$18,336
Sep 20223,08084.888.16$25,144
Aug 20223,23594.529.13$29,526
Jul 20222,853101.587.54$21,518
Jun 20223,136115.097.98$25,017
May 20222,757109.378.43$23,250
Apr 20222,895104.226.84$19,795
Mar 20222,848108.885.08$14,458
Feb 20222,51491.054.86$12,215
Jan 20222,74381.844.54$12,447
Dec 20212,91471.323.90$11,362
Nov 20212,82177.435.24$14,773
Oct 20213,18879.795.71$18,216
Sep 20213,21369.865.35$17,193
Aug 20213,45166.024.22$14,565
Jul 20213,57770.783.98$14,244
Jun 20213,33969.493.38$11,288
May 2021063.483.02$0
Apr 2021060.362.76$0
Mar 2021061.302.72$0
Feb 20211,84957.805.55$10,258
Jan 20213,30050.412.81$9,274
Dec 20202,99044.642.68$8,000
Nov 20202,29638.772.71$6,214
Oct 20203,05536.972.48$7,572
Sep 20203,34737.091.99$6,664
Aug 20203,48339.982.39$8,307
Jul 20203,75138.371.83$6,846
Jun 20203,34234.901.69$5,649
May 20203,64716.921.81$6,618
Apr 20203,60214.751.80$6,499
Mar 20202,69930.341.86$5,010
Feb 20203,08749.881.98$6,114
Jan 20203,10757.252.09$6,508
Dec 2019059.012.30$0
Nov 20192,81755.302.75$7,749
Oct 20193,35353.472.42$8,109
Sep 20193,47055.052.66$9,221
Aug 2019053.112.30$0
Jul 20193,46756.272.46$8,529
Jun 20193,60152.782.49$8,971
May 20194,01658.482.74$11,005
Apr 20191,75662.632.75$4,830
Mar 20193,16156.803.06$9,679
Feb 2019050.852.79$0
Jan 2019046.033.23$0
Dec 2018046.594.19$0
Nov 2018052.934.24$0
Oct 20183,65261.443.40$12,410
Sep 20183,59759.543.11$11,179
Aug 20183,51959.403.07$10,791
Jul 20183,67765.142.93$10,781
Jun 20183,64460.183.08$11,212
May 20183,73465.382.90$10,832
Apr 20183,95963.842.90$11,484
Mar 201879561.222.79$2,216
Feb 20183,41861.782.77$9,455
Jan 20183,05662.874.01$12,252
Dec 20173,13857.272.92$9,168
Nov 20173,99355.423.12$12,452
Oct 20172,00849.292.98$5,991
Sep 20172,13947.523.09$6,604
Aug 20172,19245.373.00$6,586
Jul 20171,23143.873.09$3,800
Jun 20171,95942.493.09$6,048
May 20171,63145.373.26$5,323
Apr 20173,39447.933.21$10,900
Mar 20173,42546.772.98$10,219
Feb 20173,29750.452.95$9,735
Jan 20172,82649.413.42$9,662
Dec 20161,99348.763.72$7,420
Nov 20162,84242.492.64$7,515
Oct 20163,55946.193.09$10,998
Sep 20162,96641.553.10$9,196
Aug 20162,04341.442.92$5,974
Jul 20163,66941.622.92$10,729
Jun 20163,41245.352.69$9,164
May 20163,58042.521.99$7,128
Apr 20163,36836.561.99$6,706
Mar 20163,49433.011.79$6,268
Feb 20163,31926.472.06$6,849
Jan 20163,43127.352.36$8,112
Dec 20153,15032.362.00$6,304
Nov 20153,52238.792.17$7,633
Oct 20153,75343.552.43$9,107
Sep 20153,76442.992.76$10,383
Aug 20153,83640.162.87$11,019
Jul 20153,88648.152.95$11,445
Jun 20152,74256.152.88$7,905
May 20153,10455.212.96$9,174
Apr 20153,80849.822.71$10,307
Mar 20153,89842.892.93$11,440
Feb 20152,95744.662.98$8,801
Jan 20153,86343.433.10$11,978
Dec 20144,01754.693.59$14,426
Nov 20142,73270.464.25$11,616
Oct 20144,14178.303.90$16,154
Sep 20141,62586.164.05$6,574
Aug 20142,28089.394.04$9,200
Jul 20143,69696.564.18$15,448
Jun 20143,49298.164.74$16,541
May 20143,82694.734.73$18,084
Apr 20143,81095.944.81$18,323
Mar 20143,65195.895.06$18,462
Feb 20143,28597.406.19$20,341
Jan 20143,85790.404.86$18,748
Dec 20133,74791.824.35$16,316
Nov 20133,75588.853.74$14,037
Oct 20134,13197.423.78$15,613
Sep 20134,123104.113.72$15,328
Aug 20134,161104.253.52$14,658
Jul 20134,083102.523.72$15,180
Jun 20134,08894.403.93$16,080
May 20133,07894.834.15$12,771
Apr 20133,86993.964.28$16,569
Mar 20133,44593.623.91$13,480
Feb 20133,30091.233.42$11,286
Jan 20133,90191.603.42$13,341
Dec 20124,15586.773.42$14,211
Nov 20124,07186.953.62$14,757
Oct 20124,26089.383.40$14,483
Sep 20124,17694.672.92$12,187
Aug 20123,92592.662.91$11,415
Jul 20124,37685.133.02$13,219
Jun 20124,02779.822.52$10,144
May 20123,59791.612.49$8,950
Apr 20124,733101.652.00$9,451
Mar 20124,918105.052.22$10,928
Feb 20124,543101.102.57$11,677
Jan 20124,69298.092.73$12,828
Dec 20113,43696.873.24$11,132
Nov 20114,30495.723.31$14,252
Oct 20114,74284.983.65$17,301
Sep 20114,66183.623.99$18,578
Aug 20114,77383.404.15$19,805
Jul 20114,03494.144.52$18,223
Jun 20114,66192.904.64$21,626
May 20114,99498.134.40$21,998
Apr 20114,387105.964.33$19,010
Mar 20114,84096.364.06$19,638
Feb 20113,61485.644.18$15,106
Jan 20114,95786.504.59$22,747
Dec 20105,00585.734.35$21,760
Nov 20104,98180.843.80$18,905
Oct 20105,17478.103.51$18,155
Sep 20104,93172.633.98$19,623
Aug 20105,44173.684.42$24,046
Jul 20105,68872.554.74$26,941
Jun 20104,18270.364.91$20,535
May 20104,01671.124.24$17,009
Apr 20105,38881.694.12$22,213
Mar 20105,00178.394.39$21,948
Feb 20104,23173.585.44$23,027
Jan 20104,50674.365.96$26,874
Dec 20094,69271.445.48$25,730
Nov 20095,03174.593.75$18,874
Oct 20095,27272.544.11$21,669
Sep 20094,97965.543.06$15,259
Aug 20095,45167.423.22$17,544
Jul 20095,21861.133.46$18,078
Jun 20093,56066.163.90$13,866
May 20095,73854.743.93$22,526
Apr 20095,84746.773.59$20,976
Mar 20095,83542.144.06$23,684
Feb 20095,40532.814.63$25,041
Jan 20095,46735.865.37$29,363
Dec 20086,33637.105.98$37,871
Nov 20086,26355.496.86$42,966
Oct 20086,44475.246.92$44,605
Sep 20086,467101.767.88$50,941
Aug 20085,786114.228.48$49,083
Jul 20086,402131.0811.39$72,915
Jun 20086,299131.3313.03$82,093
May 20085,841123.1711.57$67,605
Apr 20085,925110.3110.45$61,945
Mar 20085,132101.909.66$49,596
Feb 20084,18092.538.77$36,661
Jan 20084,45790.388.21$36,573
Dec 20074,29288.337.30$31,340
Nov 20074,48191.677.29$32,674
Oct 20074,58382.856.92$31,723
Sep 20074,35575.846.24$27,193
Aug 20074,55669.066.39$29,103
Jul 20074,46070.906.39$28,490
Jun 20074,39662.007.55$33,183
May 20075,02258.747.85$39,404
Apr 20074,67559.617.81$36,489
Mar 20075,18356.927.30$37,846
Feb 20074,54155.108.22$37,309
Jan 20075,93550.306.73$39,924
Dec 20065,63756.656.92$38,999
Nov 20065,98054.207.62$45,553
Oct 20066,20954.906.01$37,340
Sep 20065,89360.085.04$29,684
Aug 20066,35368.717.34$46,631
Jul 20066,34269.376.34$40,226
Jun 20066,01466.286.38$38,393
May 20066,31566.016.42$40,574
Apr 20066,79264.397.36$49,992
Mar 20066,97656.707.08$49,410
Feb 20065,80557.597.75$44,995
Jan 20066,55760.598.93$58,576
Dec 20055,49454.9413.42$73,704
Nov 20055,91554.6910.59$62,630
Oct 20056,11558.3413.80$84,361
Sep 20056,36461.4512.08$76,871
Aug 20057,41461.519.80$72,634
Jul 20054,97855.697.84$39,046
Jun 2005052.337.38$0
May 20053,48745.226.65$23,193
Apr 20057,53349.207.36$55,447
Mar 20057,92150.377.15$56,674
Feb 20057,21345.226.31$45,528
Jan 20057,59043.166.32$47,986
Dec 20045,65939.866.75$38,204
Nov 2004045.286.33$0
Oct 2004049.706.52$0
Sep 2004043.245.28$0
Aug 2004042.375.55$0
Jul 2004038.286.08$0
Jun 2004036.106.43$0
May 2004037.486.49$0
Apr 2004034.475.86$0
Mar 2004034.365.53$0
Feb 20044,14132.455.51$22,815
Jan 200410,05832.036.30$63,362
Dec 20038,21830.266.30$51,787
Nov 20038,78628.804.60$40,373
Oct 200310,95428.174.76$52,137
Sep 20038,87826.314.75$42,165
Aug 200310,18729.765.13$52,256
Jul 20038,09029.415.17$41,832
Jun 200310,28128.565.98$61,511
May 20038,60026.595.97$51,365
Apr 20032,29826.675.41$12,426
Mar 20039,60531.146.10$58,552
Feb 20038,87433.487.93$70,334
Jan 200310,56830.315.58$58,991
Dec 20022,98926.914.85$14,508
Nov 20029,62224.664.14$39,806
Oct 200211,73726.464.23$49,637
Sep 200212,20227.443.64$44,357
Aug 200212,34925.963.16$39,074
Jul 200212,97724.583.06$39,732
Jun 200210,32423.733.34$34,464
May 200212,99824.663.58$46,585
Apr 200210,61623.653.51$37,287
Mar 200212,86022.003.10$39,901
Feb 200211,24118.222.38$26,705
Jan 200212,71217.172.38$30,200
Dec 200111,37816.932.36$26,902
Nov 20017,46918.072.41$17,967
Oct 200112,49819.782.53$31,606
Sep 200111,50024.262.25$25,890
Aug 20012,77424.873.05$8,469
Jul 200188823.933.20$2,839
Jun 20013,83824.563.82$14,677
May 200113,47225.524.31$58,028
Apr 200112,68624.685.34$67,684
Mar 200112,78924.545.38$68,759
Feb 200112,00427.755.77$69,228
Jan 20018,04527.478.40$67,568
Dec 20006,27726.889.12$57,262
Nov 20008,60932.215.66$48,710
Oct 200014,85731.235.15$76,447
Sep 200011,01431.875.19$57,124
Aug 20008,04329.644.54$36,521
Jul 200014,48528.534.09$59,240
Jun 200010,81129.304.40$47,539
May 200012,02027.263.68$44,231
Apr 200013,23324.513.12$41,234
Mar 200014,60928.422.86$41,778
Feb 200011,26527.622.73$30,714
Jan 200014,50625.272.48$35,982
Dec 199913,38424.282.42$32,439
Nov 199912,62523.192.43$30,729
Oct 199914,01320.982.80$39,288
Sep 199915,93421.752.62$41,729
Aug 199916,96119.262.88$48,773
Jul 199916,69717.892.37$39,611
Jun 199915,33715.942.36$36,228
May 199913,60715.792.32$31,582
Apr 199915,72015.102.21$34,711
Mar 199916,23212.471.84$29,840
Feb 199915,8549.981.82$28,819
Jan 199915,57810.381.90$29,597
Dec 199814,9869.201.77$26,575
Nov 199818,12810.892.19$39,623
Oct 199817,10712.421.97$33,687
Sep 19982,74512.592.08$5,717
Aug 199818,20611.301.91$34,725
Jul 199817,75811.742.24$39,729
Jun 199814,75511.242.24$33,011
May 199816,52012.622.21$36,449
Apr 199814,68613.042.51$36,793
Mar 199810,97212.802.31$25,339
Feb 199815,20713.952.30$34,963
Jan 199819,22714.702.15$41,430
Dec 199718,52516.322.41$44,666
Nov 199717,04618.193.09$52,642
Oct 199717,68219.253.15$55,695
Sep 199718,89317.742.95$55,827
Aug 199720,56517.862.55$52,538
Jul 199721,40517.582.25$48,096
Jun 19975,36717.242.26$12,114
May 199716,15818.972.31$37,301
Apr 199719,85217.882.08$41,347
Mar 199717,56718.951.94$34,065
Feb 199719,28120.492.21$42,532
Jan 199720,38623.483.54$72,160
Dec 199620,80423.32$0
Nov 199618,81321.97$0
Oct 199623,30123.31$0
Sep 199622,41122.22$0
Aug 199622,65120.26$0
Jul 199623,83819.55$0
Jun 199615,75718.73$0
May 19963,05819.43$0
Apr 199677021.51$0
Mar 199624,02719.38$0
Feb 199620,31216.98$0
Jan 199622,80017.07$0
Dec 199523,39417.19$0
Nov 199523,77316.00$0
Oct 199524,90215.43$0
Sep 199524,36816.18$0
Aug 199524,23215.92$0
Jul 199525,69515.24$0
Jun 199518,07616.41$0
May 199511,62317.56$0
Apr 199512,74617.73$0
Mar 199510,47316.44$0
Feb 19959,29316.58$0
Jan 19958,44315.92$0
Dec 199410,29815.03$0
Nov 199417,84715.90$0
Oct 199419,42115.58$0
Sep 199418,86915.29$0
Aug 199419,14116.13$0
Jul 199420,47117.56$0
Jun 199416,60017.09$0
May 199411,78315.88$0
Apr 199415,82814.14$0
Mar 199418,61712.46$0
Feb 199415,94112.50$0
Jan 199417,29812.66$0
Dec 199313,52512.33$0
Nov 199316,73314.49$0
Oct 199317,76815.85$0
Sep 199317,18415.03$0
Aug 199312,70315.66$0
Jul 19936,43815.46$0
Jun 19931,07416.79$0
May 199320,91517.68$0
Apr 19934,66018.05$0
Mar 199319,36418.14$0
Feb 199318,86617.90$0
Jan 199321,91716.93$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                2,756 Mcf  × $  2.87 =     $7,909

────────────────────────────────────────────────────
Month total                                   $7,909

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/23523 is the state's own key, not one this site invented.