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 23524District 10Field 68831001GasSaveExport
Value, all time
$6.7 M
Jan 1993 – May 2026
Value, last 12 filed months
$46 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
GasProduction2,403,172 Mcf$6,672,294
Total$6,672,294

847,074 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 35.5922, -101.7517. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.59224, -101.75171 · 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
2,068 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 2,068 ft.

Completions filed
Jul 2005
1 of 1 wells

1 well

42-37500198B 202,068 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 202686998.932.87$2,494
Mar 202695689.753.15$3,011
Feb 202687863.503.75$3,293
Jan 20261,00559.138.00$8,038
Dec 20251,29156.664.41$5,698
Nov 20251,29558.593.93$5,085
Oct 20251,28159.383.30$4,234
Sep 20251,21762.743.08$3,745
Aug 20251,00463.933.01$3,027
Jul 20251,13966.743.32$3,776
Jun 20251,05166.483.13$3,288
May 20251,01460.553.23$3,278
Apr 202593462.363.54$3,309
Mar 202575767.704.27$3,231
Feb 202581070.884.34$3,516
Jan 20251,01974.324.28$4,360
Dec 20241,33468.993.12$4,164
Nov 20241,30769.052.20$2,873
Oct 20241,28871.372.28$2,938
Sep 20241,16469.612.36$2,752
Aug 202494375.632.06$1,946
Jul 202493279.932.15$2,001
Jun 202492478.082.63$2,434
May 202492078.812.20$2,023
Apr 202490184.451.66$1,495
Mar 202489980.301.55$1,389
Feb 202481276.091.78$1,448
Jan 202485873.023.30$2,829
Dec 20231,20471.262.61$3,143
Nov 20231,34277.892.81$3,768
Oct 202399985.443.09$3,084
Sep 20231,08089.042.74$2,954
Aug 20231,20780.522.67$3,226
Jul 20232,11974.852.64$5,598
Jun 202396468.962.26$2,177
May 202394570.622.23$2,105
Apr 202390778.122.24$2,030
Mar 202386672.852.39$2,072
Feb 202373475.112.47$1,810
Jan 202393076.533.39$3,151
Dec 20221,16976.415.73$6,697
Nov 20221,24785.005.65$7,041
Oct 20221,30587.185.86$7,652
Sep 20221,20184.888.16$9,805
Aug 202292094.529.13$8,397
Jul 20221,036101.587.54$7,814
Jun 2022918115.097.98$7,323
May 2022911109.378.43$7,683
Apr 2022828104.226.84$5,662
Mar 2022772108.885.08$3,919
Feb 202274191.054.86$3,600
Jan 20221,11181.844.54$5,041
Dec 20211,49171.323.90$5,814
Nov 20211,33777.435.24$7,002
Oct 20211,30679.795.71$7,462
Sep 20211,20869.865.35$6,464
Aug 20211,15766.024.22$4,883
Jul 20211,23570.783.98$4,918
Jun 20211,11269.493.38$3,759
May 202154463.483.02$1,642
Apr 202135360.362.76$974
Mar 202183261.302.72$2,260
Feb 202150457.805.55$2,796
Jan 20211,00750.412.81$2,830
Dec 20201,42844.642.68$3,821
Nov 20201,33438.772.71$3,611
Oct 20201,34636.972.48$3,336
Sep 20201,41737.091.99$2,821
Aug 20201,30539.982.39$3,113
Jul 20201,18538.371.83$2,163
Jun 20201,33234.901.69$2,251
May 20201,19416.921.81$2,167
Apr 202071214.751.80$1,285
Mar 202045430.341.86$843
Feb 202081249.881.98$1,608
Jan 202092857.252.09$1,944
Dec 2019059.012.30$0
Nov 20191,54255.302.75$4,242
Oct 20191,51753.472.42$3,669
Sep 20191,54155.052.66$4,095
Aug 2019053.112.30$0
Jul 20191,84956.272.46$4,549
Jun 2019052.782.49$0
May 2019058.482.74$0
Apr 2019062.632.75$0
Mar 2019056.803.06$0
Feb 2019050.852.79$0
Jan 2019046.033.23$0
Dec 2018046.594.19$0
Nov 2018052.934.24$0
Oct 201894261.443.40$3,201
Sep 201888359.543.11$2,744
Aug 201888759.403.07$2,720
Jul 201887665.142.93$2,568
Jun 201885260.183.08$2,622
May 201896365.382.90$2,793
Apr 20181,06063.842.90$3,075
Mar 201830661.222.79$853
Feb 201899461.782.77$2,750
Jan 20181,14562.874.01$4,591
Dec 20171,76257.272.92$5,148
Nov 20172,19455.423.12$6,842
Oct 20171,01149.292.98$3,017
Sep 20171,17347.523.09$3,621
Aug 20171,10145.373.00$3,308
Jul 201762043.873.09$1,914
Jun 20171,66342.493.09$5,134
May 20171,79245.373.26$5,848
Apr 20171,96547.933.21$6,311
Mar 201790346.772.98$2,694
Feb 20171,28550.452.95$3,794
Jan 20171,29249.413.42$4,417
Dec 20161,41748.763.72$5,275
Nov 20161,76642.492.64$4,670
Oct 20161,74746.193.09$5,399
Sep 20161,05141.553.10$3,259
Aug 20161,07641.442.92$3,147
Jul 20161,55941.622.92$4,559
Jun 20161,31545.352.69$3,532
May 20161,43142.521.99$2,849
Apr 20161,46936.561.99$2,925
Mar 20161,64633.011.79$2,953
Feb 20161,51926.472.06$3,135
Jan 20161,66827.352.36$3,944
Dec 20151,75532.362.00$3,512
Nov 20151,81138.792.17$3,925
Oct 20151,78043.552.43$4,319
Sep 20151,49542.992.76$4,124
Aug 201561040.162.87$1,752
Jul 20152,20148.152.95$6,482
Jun 20152,11156.152.88$6,086
May 20151,85555.212.96$5,482
Apr 20152,20649.822.71$5,971
Mar 20152,22242.892.93$6,521
Feb 20151,94544.662.98$5,789
Jan 20152,22943.433.10$6,911
Dec 20142,53254.693.59$9,093
Nov 20142,32170.464.25$9,869
Oct 20142,64178.303.90$10,302
Sep 20142,87686.164.05$11,635
Aug 20142,00289.394.04$8,078
Jul 20142,19996.564.18$9,191
Jun 20142,27498.164.74$10,772
May 20142,44494.734.73$11,552
Apr 20142,77495.944.81$13,341
Mar 20142,95995.895.06$14,963
Feb 20141,67097.406.19$10,341
Jan 2014090.404.86$0
Dec 2013091.824.35$0
Nov 201347988.853.74$1,791
Oct 20132,88497.423.78$10,900
Sep 20132,942104.113.72$10,938
Aug 20133,015104.253.52$10,621
Jul 20132,862102.523.72$10,640
Jun 20133,01694.403.93$11,863
May 20132,30194.834.15$9,547
Apr 201312993.964.28$552
Mar 20132,72293.623.91$10,651
Feb 20132,41591.233.42$8,259
Jan 20133,10991.603.42$10,633
Dec 20123,13486.773.42$10,719
Nov 20122,94986.953.62$10,690
Oct 20123,15089.383.40$10,709
Sep 20123,16094.672.92$9,222
Aug 20123,40792.662.91$9,908
Jul 20123,46485.133.02$10,464
Jun 20123,41579.822.52$8,603
May 20122,45091.612.49$6,096
Apr 20123,123101.652.00$6,236
Mar 20123,270105.052.22$7,266
Feb 20123,073101.102.57$7,898
Jan 20123,28898.092.73$8,990
Dec 20113,14496.873.24$10,186
Nov 20113,01495.723.31$9,980
Oct 20113,41784.983.65$12,467
Sep 20113,43983.623.99$13,707
Aug 20113,80683.404.15$15,792
Jul 20113,48794.144.52$15,752
Jun 20113,42392.904.64$15,882
May 20113,47098.134.40$15,285
Apr 20112,829105.964.33$12,259
Mar 20113,34596.364.06$13,572
Feb 20112,72985.644.18$11,407
Jan 20113,37586.504.59$15,487
Dec 20102,88885.734.35$12,556
Nov 20103,49880.843.80$13,276
Oct 20103,84778.103.51$13,499
Sep 20103,90872.633.98$15,552
Aug 20104,12673.684.42$18,234
Jul 20104,06072.554.74$19,230
Jun 20103,84270.364.91$18,866
May 20103,25771.124.24$13,794
Apr 20103,25781.694.12$13,428
Mar 20103,90378.394.39$17,129
Feb 20102,90073.585.44$15,783
Jan 20103,93174.365.96$23,445
Dec 20093,83871.445.48$21,047
Nov 20094,13274.593.75$15,501
Oct 20094,38972.544.11$18,040
Sep 20094,32565.543.06$13,255
Aug 20094,44767.423.22$14,313
Jul 20094,50561.133.46$15,608
Jun 20094,38766.163.90$17,087
May 20094,39354.743.93$17,246
Apr 20094,54746.773.59$16,312
Mar 20094,40842.144.06$17,892
Feb 20094,14232.814.63$19,190
Jan 20094,59935.865.37$24,701
Dec 20084,73037.105.98$28,272
Nov 20084,71855.496.86$32,367
Oct 20084,86575.246.92$33,675
Sep 20084,651101.767.88$36,636
Aug 20084,809114.228.48$40,795
Jul 20085,111131.0811.39$58,211
Jun 20085,068131.3313.03$66,049
May 20085,033123.1711.57$58,253
Apr 20085,085110.3110.45$53,163
Mar 20085,097101.909.66$49,258
Feb 20085,04992.538.77$44,283
Jan 20085,05190.388.21$41,447
Dec 20075,29888.337.30$38,686
Nov 20076,10891.677.29$44,538
Oct 20076,62082.856.92$45,824
Sep 20076,65575.846.24$41,555
Aug 20076,92369.066.39$44,224
Jul 20077,11470.906.39$45,444
Jun 20076,83662.007.55$51,601
May 20076,70258.747.85$52,586
Apr 20076,44759.617.81$50,320
Mar 20077,16556.927.30$52,319
Feb 20076,42055.108.22$52,747
Jan 20076,83550.306.73$45,978
Dec 20066,71456.656.92$46,450
Nov 20067,00254.207.62$53,338
Oct 20066,70254.906.01$40,304
Sep 20066,51260.085.04$32,802
Aug 20066,74868.717.34$49,530
Jul 20062,99169.376.34$18,971
Jun 20066,80566.286.38$43,442
May 20066,95266.016.42$44,667
Apr 20066,97164.397.36$51,310
Mar 20067,12556.707.08$50,466
Feb 20066,56157.597.75$50,855
Jan 20067,36760.598.93$65,812
Dec 20057,38954.9413.42$99,126
Nov 20057,53354.6910.59$79,762
Oct 20057,94558.3413.80$109,607
Sep 20057,89261.4512.08$95,327
Aug 20058,50461.519.80$83,312
Jul 20054,11655.697.84$32,284
Jun 2005052.337.38$0
May 2005045.226.65$0
Apr 2005049.207.36$0
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 20041,54749.706.52$10,079
Sep 20046,48243.245.28$34,250
Aug 20046,84542.375.55$37,994
Jul 20046,99638.286.08$42,565
Jun 20045,83136.106.43$37,511
May 20045,00137.486.49$32,479
Apr 20046,08234.475.86$35,631
Mar 20047,25234.365.53$40,105
Feb 20045,39332.455.51$29,713
Jan 20047,48632.036.30$47,159
Dec 20035,27830.266.30$33,260
Nov 20037,31128.804.60$33,595
Oct 20036,89828.174.76$32,832
Sep 20034,50026.314.75$21,372
Aug 20035,14729.765.13$26,403
Jul 20036,66729.415.17$34,474
Jun 20034,04228.565.98$24,183
May 20037,16126.595.97$42,770
Apr 20038,05126.675.41$43,534
Mar 20037,97431.146.10$48,610
Feb 20037,51333.487.93$59,547
Jan 20038,25430.315.58$46,074
Dec 20026,01926.914.85$29,215
Nov 20027,13824.664.14$29,530
Oct 20028,85526.464.23$37,449
Sep 20028,70927.443.64$31,659
Aug 20029,36325.963.16$29,626
Jul 20028,96824.583.06$27,458
Jun 20026,66823.733.34$22,259
May 20027,77024.663.58$27,848
Apr 20025,51323.653.51$19,363
Mar 20029,33622.003.10$28,967
Feb 20028,82918.222.38$20,975
Jan 20029,52417.172.38$22,626
Dec 20018,96416.932.36$21,194
Nov 20017,10118.072.41$17,082
Oct 20014,18519.782.53$10,583
Sep 20015,87224.262.25$13,220
Aug 20017,79724.873.05$23,805
Jul 20018,03523.933.20$25,689
Jun 20016,64024.563.82$25,392
May 20015,07325.524.31$21,851
Apr 20015,57424.685.34$29,739
Mar 20019,12624.545.38$49,065
Feb 20017,72027.755.77$44,522
Jan 20019,75327.478.40$81,913
Dec 20009,77526.889.12$89,172
Nov 20009,28532.215.66$52,535
Oct 200010,51331.235.15$54,095
Sep 200011,20731.875.19$58,125
Aug 20006,85629.644.54$31,131
Jul 200010,22828.534.09$41,830
Jun 20008,93229.304.40$39,276
May 20008,97227.263.68$33,015
Apr 20009,44924.513.12$29,443
Mar 200010,43428.422.86$29,839
Feb 200010,05227.622.73$27,407
Jan 200010,49825.272.48$26,040
Dec 199910,05324.282.42$24,366
Nov 199910,40723.192.43$25,331
Oct 199911,37020.982.80$31,878
Sep 199911,56921.752.62$30,297
Aug 199912,81619.262.88$36,854
Jul 199911,63917.892.37$27,612
Jun 199911,35415.942.36$26,819
May 199911,79915.792.32$27,386
Apr 19999,98715.102.21$22,052
Mar 199913,19512.471.84$24,257
Feb 199910,7649.981.82$19,567
Jan 199911,92310.381.90$22,653
Dec 199812,0199.201.77$21,314
Nov 199813,64110.892.19$29,815
Oct 199813,15612.421.97$25,907
Sep 199814,25412.592.08$29,686
Aug 199814,51911.301.91$27,693
Jul 199813,76111.742.24$30,787
Jun 199812,10011.242.24$27,071
May 199812,13312.622.21$26,770
Apr 199814,18413.042.51$35,536
Mar 199811,96612.802.31$27,635
Feb 199813,22713.952.30$30,411
Jan 199812,57414.702.15$27,094
Dec 199715,67416.322.41$37,792
Nov 199714,42218.193.09$44,539
Oct 199714,64519.253.15$46,129
Sep 199716,05017.742.95$47,426
Aug 199717,17417.862.55$43,875
Jul 199716,70617.582.25$37,537
Jun 199713,98617.242.26$31,569
May 199715,58818.972.31$35,985
Apr 199715,97717.882.08$33,277
Mar 199716,66618.951.94$32,318
Feb 199713,69820.492.21$30,216
Jan 199717,19023.483.54$60,847
Dec 199617,50523.32$0
Nov 199615,73021.97$0
Oct 199618,17823.31$0
Sep 199616,37222.22$0
Aug 199619,20320.26$0
Jul 19966,83519.55$0
Jun 19967,95818.73$0
May 199619,28119.43$0
Apr 199619,37521.51$0
Mar 199619,77719.38$0
Feb 199618,30616.98$0
Jan 199619,40917.07$0
Dec 199518,88117.19$0
Nov 199520,15416.00$0
Oct 199520,79915.43$0
Sep 199520,33116.18$0
Aug 199517,90615.92$0
Jul 199516,81315.24$0
Jun 199514,76616.41$0
May 199515,03917.56$0
Apr 199516,22817.73$0
Mar 199515,99416.44$0
Feb 199512,95916.58$0
Jan 199514,72315.92$0
Dec 199416,71515.03$0
Nov 199419,95515.90$0
Oct 199420,45615.58$0
Sep 199420,65015.29$0
Aug 199420,18816.13$0
Jul 199421,23817.56$0
Jun 199417,97617.09$0
May 199416,19115.88$0
Apr 199420,52314.14$0
Mar 199420,03912.46$0
Feb 199419,07212.50$0
Jan 199422,79612.66$0
Dec 199322,20412.33$0
Nov 199319,85514.49$0
Oct 199319,49315.85$0
Sep 199322,54115.03$0
Aug 199313,45215.66$0
Jul 199311,49415.46$0
Jun 19934,02816.79$0
May 199325,32417.68$0
Apr 19935,08718.05$0
Mar 199321,55418.14$0
Feb 199321,71817.90$0
Jan 199322,00316.93$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                  869 Mcf  × $  2.87 =     $2,494

────────────────────────────────────────────────────
Month total                                   $2,494

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/23524 is the state's own key, not one this site invented.