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 23527District 10Field 68831001GasSaveExport
Value, all time
$4.6 M
Jan 1993 – May 2026
Value, last 12 filed months
$50 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
GasProduction1,448,651 Mcf$4,564,561
Total$4,564,561

402,193 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 35.5522, -101.7733. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.55222, -101.77327 · 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
2,390 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 2,390 ft.

Completions filed
Mar 2005
1 of 1 wells

1 well

42-37500271B 232,390 ftMar 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 20261,27098.932.87$3,645
Mar 20261,18789.753.15$3,738
Feb 202694263.503.75$3,533
Jan 20261,05459.138.00$8,430
Dec 20251,14756.664.41$5,062
Nov 20251,20958.593.93$4,747
Oct 20251,37659.383.30$4,547
Sep 20251,37562.743.08$4,231
Aug 20251,18663.933.01$3,576
Jul 20251,37766.743.32$4,565
Jun 20251,39166.483.13$4,352
May 20251,34560.553.23$4,347
Apr 20251,14962.363.54$4,071
Mar 202590867.704.27$3,876
Feb 202582570.884.34$3,581
Jan 20251,01174.324.28$4,326
Dec 20241,06468.993.12$3,321
Nov 20241,20669.052.20$2,651
Oct 20241,35671.372.28$3,094
Sep 20241,32569.612.36$3,133
Aug 20241,37375.632.06$2,833
Jul 20241,43579.932.15$3,080
Jun 20241,42178.082.63$3,743
May 20241,44378.812.20$3,172
Apr 20241,36684.451.66$2,266
Mar 20241,13880.301.55$1,758
Feb 20241,01676.091.78$1,812
Jan 20241,11973.023.30$3,690
Dec 20231,22371.262.61$3,193
Nov 20231,39277.892.81$3,908
Oct 20231,50785.443.09$4,653
Sep 20231,50589.042.74$4,116
Aug 20231,57980.522.67$4,220
Jul 20231,66974.852.64$4,409
Jun 20231,57568.962.26$3,557
May 20231,52470.622.23$3,395
Apr 20231,40478.122.24$3,142
Mar 20231,17372.852.39$2,807
Feb 20231,12875.112.47$2,781
Jan 20231,19976.533.39$4,062
Dec 20221,19376.415.73$6,835
Nov 20221,31885.005.65$7,442
Oct 20221,57887.185.86$9,253
Sep 20221,57184.888.16$12,825
Aug 20221,70094.529.13$15,516
Jul 20221,579101.587.54$11,909
Jun 20221,713115.097.98$13,665
May 2022452109.378.43$3,812
Apr 20221,280104.226.84$8,752
Mar 20221,294108.885.08$6,569
Feb 20221,11391.054.86$5,408
Jan 20221,22981.844.54$5,577
Dec 20211,33271.323.90$5,194
Nov 20211,46377.435.24$7,662
Oct 20211,63079.795.71$9,314
Sep 20211,60469.865.35$8,583
Aug 20211,67666.024.22$7,074
Jul 20211,72470.783.98$6,865
Jun 20211,76669.493.38$5,970
May 20211,76163.483.02$5,314
Apr 202187160.362.76$2,403
Mar 202198461.302.72$2,673
Feb 202162757.805.55$3,479
Jan 20211,29850.412.81$3,648
Dec 20201,35544.642.68$3,625
Nov 20201,46238.772.71$3,957
Oct 20201,56836.972.48$3,886
Sep 20201,74437.091.99$3,472
Aug 20201,84639.982.39$4,403
Jul 20201,80738.371.83$3,298
Jun 20201,84734.901.69$3,122
May 20201,83316.921.81$3,326
Apr 20201,52114.751.80$2,744
Mar 20201,43830.341.86$2,669
Feb 202046249.881.98$915
Jan 20201,36157.252.09$2,851
Dec 2019059.012.30$0
Nov 20191,55955.302.75$4,288
Oct 20191,96953.472.42$4,762
Sep 20191,96955.052.66$5,232
Aug 2019053.112.30$0
Jul 20192,61556.272.46$6,433
Jun 201937752.782.49$939
May 20191058.482.74$27
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 2018061.443.40$0
Sep 20181,22559.543.11$3,807
Aug 20181,49059.403.07$4,569
Jul 20181,86165.142.93$5,456
Jun 20181,95160.183.08$6,003
May 20181,81665.382.90$5,268
Apr 20181,75363.842.90$5,085
Mar 201856561.222.79$1,575
Feb 20181,11061.782.77$3,070
Jan 20181,56262.874.01$6,263
Dec 20171,32457.272.92$3,868
Nov 2017055.423.12$0
Oct 201731449.292.98$937
Sep 2017047.523.09$0
Aug 201737745.373.00$1,133
Jul 201766943.873.09$2,065
Jun 20171,87742.493.09$5,795
May 20171,83645.373.26$5,992
Apr 20171,63047.933.21$5,235
Mar 201783846.772.98$2,500
Feb 201795650.452.95$2,823
Jan 20171,59749.413.42$5,460
Dec 20161,64648.763.72$6,128
Nov 20161,88942.492.64$4,995
Oct 20162,15246.193.09$6,650
Sep 20161,42641.553.10$4,422
Aug 20161,47141.442.92$4,302
Jul 20162,08341.622.92$6,091
Jun 20162,07145.352.69$5,562
May 20161,93642.521.99$3,855
Apr 20161,74836.561.99$3,480
Mar 20161,59333.011.79$2,858
Feb 20161,43326.472.06$2,957
Jan 20161,58927.352.36$3,757
Dec 20151,70832.362.00$3,418
Nov 20151,90338.792.17$4,124
Oct 20152,18043.552.43$5,290
Sep 20152,15442.992.76$5,942
Aug 20152,06440.162.87$5,929
Jul 20152,20348.152.95$6,488
Jun 20152,33856.152.88$6,740
May 20151,45955.212.96$4,312
Apr 20151,96349.822.71$5,313
Mar 20151,65342.892.93$4,851
Feb 20151,27244.662.98$3,786
Jan 20151,81243.433.10$5,618
Dec 20142,08154.693.59$7,474
Nov 20142,01370.464.25$8,559
Oct 20142,33678.303.90$9,113
Sep 20141,60386.164.05$6,485
Aug 20141,58689.394.04$6,400
Jul 20142,65696.564.18$11,101
Jun 20142,37098.164.74$11,226
May 20142,41794.734.73$11,424
Apr 20142,47795.944.81$11,912
Mar 20142,49095.895.06$12,591
Feb 20141,76697.406.19$10,935
Jan 2014090.404.86$0
Dec 2013091.824.35$0
Nov 201352688.853.74$1,966
Oct 20132,62897.423.78$9,932
Sep 20132,582104.113.72$9,599
Aug 20132,694104.253.52$9,490
Jul 20132,747102.523.72$10,213
Jun 20132,80394.403.93$11,025
May 20132,48594.834.15$10,310
Apr 201311893.964.28$505
Mar 20132,38893.623.91$9,344
Feb 20132,24891.233.42$7,688
Jan 20132,30691.603.42$7,886
Dec 20122,49186.773.42$8,520
Nov 20122,41086.953.62$8,736
Oct 20122,44289.383.40$8,302
Sep 20122,72594.672.92$7,953
Aug 20122,85092.662.91$8,288
Jul 20122,89785.133.02$8,751
Jun 20123,05879.822.52$7,703
May 20122,29891.612.49$5,718
Apr 20122,777101.652.00$5,545
Mar 20122,663105.052.22$5,917
Feb 20122,278101.102.57$5,855
Jan 20122,62298.092.73$7,169
Dec 20112,64096.873.24$8,553
Nov 20112,66795.723.31$8,831
Oct 20113,08284.983.65$11,245
Sep 20113,01783.623.99$12,025
Aug 20113,14883.404.15$13,062
Jul 20113,15994.144.52$14,270
Jun 20113,25092.904.64$15,080
May 20113,44998.134.40$15,192
Apr 20113,051105.964.33$13,221
Mar 20112,49796.364.06$10,131
Feb 20112,61585.644.18$10,931
Jan 20112,52086.504.59$11,564
Dec 20102,48085.734.35$10,782
Nov 20103,17880.843.80$12,062
Oct 20103,39178.103.51$11,899
Sep 20103,25772.633.98$12,961
Aug 20103,24473.684.42$14,336
Jul 20103,60572.554.74$17,075
Jun 20103,47770.364.91$17,073
May 20102,43971.124.24$10,330
Apr 20103,03281.694.12$12,500
Mar 20102,65878.394.39$11,665
Feb 20102,07273.585.44$11,277
Jan 20102,56274.365.96$15,280
Dec 20093,09271.445.48$16,956
Nov 20093,25274.593.75$12,200
Oct 20093,65572.544.11$15,023
Sep 20093,66065.543.06$11,217
Aug 20093,87667.423.22$12,475
Jul 20094,06661.133.46$14,087
Jun 20092,87866.163.90$11,210
May 20093,56254.743.93$13,984
Apr 20093,56546.773.59$12,789
Mar 20093,54942.144.06$14,405
Feb 20093,15132.814.63$14,599
Jan 20093,26235.865.37$17,520
Dec 20083,28337.105.98$19,623
Nov 20083,52955.496.86$24,210
Oct 20084,05875.246.92$28,089
Sep 20084,018101.767.88$31,650
Aug 20084,168114.228.48$35,357
Jul 20084,367131.0811.39$49,738
Jun 20084,314131.3313.03$56,223
May 20084,368123.1711.57$50,557
Apr 20083,668110.3110.45$38,348
Mar 20083,082101.909.66$29,785
Feb 20082,70492.538.77$23,716
Jan 20083,13490.388.21$25,717
Dec 20073,88188.337.30$28,339
Nov 20074,21391.677.29$30,720
Oct 20074,61882.856.92$31,966
Sep 20074,54175.846.24$28,355
Aug 20074,76169.066.39$30,413
Jul 20074,89270.906.39$31,250
Jun 20075,06262.007.55$38,210
May 20074,18558.747.85$32,837
Apr 20074,01759.617.81$31,353
Mar 20074,24956.927.30$31,026
Feb 20071,75255.108.22$14,394
Jan 20072,87550.306.73$19,340
Dec 20063,71556.656.92$25,702
Nov 20064,33854.207.62$33,045
Oct 20065,19554.906.01$31,242
Sep 20065,03160.085.04$25,342
Aug 20064,96468.717.34$36,435
Jul 20065,55069.376.34$35,202
Jun 20065,65066.286.38$36,069
May 20064,02366.016.42$25,848
Apr 20064,83664.397.36$35,595
Mar 20064,45856.707.08$31,576
Feb 20063,93857.597.75$30,524
Jan 20064,54560.598.93$40,602
Dec 20055,15254.9413.42$69,116
Nov 20056,15854.6910.59$65,203
Oct 20054,08458.3413.80$56,342
Sep 20055,16761.4512.08$62,412
Aug 20051,17561.519.80$11,511
Jul 20055,17955.697.84$40,622
Jun 2005052.337.38$0
May 20052,82045.226.65$18,756
Apr 20057,77949.207.36$57,257
Mar 20051,27550.377.15$9,122
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 2004043.245.28$0
Aug 2004042.375.55$0
Jul 20043,51538.286.08$21,386
Jun 20044,25936.106.43$27,398
May 20043,81537.486.49$24,777
Apr 20043,66334.475.86$21,460
Mar 20043,42734.365.53$18,952
Feb 20043,01432.455.51$16,606
Jan 20043,46432.036.30$21,822
Dec 20034,25430.266.30$26,807
Nov 20034,68128.804.60$21,510
Oct 20034,99128.174.76$23,755
Sep 20034,96126.314.75$23,562
Aug 20034,31129.765.13$22,114
Jul 20034,93929.415.17$25,539
Jun 20034,91828.565.98$29,424
May 20034,22426.595.97$25,229
Apr 20034,13026.675.41$22,332
Mar 20033,86531.146.10$23,561
Feb 20033,56133.487.93$28,224
Jan 20033,78530.315.58$21,128
Dec 20023,97726.914.85$19,303
Nov 20024,26824.664.14$17,657
Oct 20025,06026.464.23$21,399
Sep 20025,03727.443.64$18,311
Aug 20024,88025.963.16$15,441
Jul 20025,44224.583.06$16,662
Jun 20024,13723.733.34$13,810
May 20025,46224.663.58$19,576
Apr 20024,68823.653.51$16,466
Mar 20023,97422.003.10$12,330
Feb 20023,89918.222.38$9,263
Jan 20024,29517.172.38$10,204
Dec 20014,47816.932.36$10,588
Nov 20015,06518.072.41$12,184
Oct 20015,13019.782.53$12,973
Sep 20015,04324.262.25$11,353
Aug 20015,46524.873.05$16,686
Jul 20015,51623.933.20$17,635
Jun 20015,47824.563.82$20,949
May 20015,30425.524.31$22,846
Apr 20014,44224.685.34$23,699
Mar 20014,20924.545.38$22,629
Feb 20014,05727.755.77$23,397
Jan 20014,19727.478.40$35,250
Dec 20005,32426.889.12$48,568
Nov 20005,20132.215.66$29,427
Oct 20006,63031.235.15$34,115
Sep 20004,42431.875.19$22,945
Aug 20004,42429.644.54$20,088
Jul 20004,25928.534.09$17,418
Jun 20005,59429.304.40$24,598
May 20005,26127.263.68$19,359
Apr 20004,98424.513.12$15,530
Mar 20005,14428.422.86$14,711
Feb 20004,49127.622.73$12,245
Jan 20005,25125.272.48$13,025
Dec 19995,03224.282.42$12,196
Nov 19996,15223.192.43$14,974
Oct 19996,02320.982.80$16,887
Sep 19996,48021.752.62$16,970
Aug 19996,53819.262.88$18,801
Jul 19997,20417.892.37$17,091
Jun 19996,92615.942.36$16,360
May 19995,75815.792.32$13,364
Apr 19995,65715.102.21$12,491
Mar 19995,79712.471.84$10,657
Feb 19994,7399.981.82$8,615
Jan 19995,54810.381.90$10,541
Dec 19985,8539.201.77$10,379
Nov 19986,29110.892.19$13,750
Oct 19986,86912.421.97$13,527
Sep 19987,20912.592.08$15,014
Aug 19987,12211.301.91$13,584
Jul 19987,34411.742.24$16,431
Jun 19987,25911.242.24$16,240
May 19985,72512.622.21$12,631
Apr 19986,52813.042.51$16,355
Mar 19985,68612.802.31$13,131
Feb 19985,34413.952.30$12,287
Jan 19985,94614.702.15$12,812
Dec 19976,86116.322.41$16,543
Nov 19976,75818.193.09$20,870
Oct 19977,46919.253.15$23,526
Sep 19977,53617.742.95$22,268
Aug 19977,99017.862.55$20,412
Jul 19978,37417.582.25$18,816
Jun 19977,48317.242.26$16,891
May 19977,25218.972.31$16,741
Apr 19976,62517.882.08$13,798
Mar 19977,09818.951.94$13,764
Feb 19976,04420.492.21$13,332
Jan 19977,12323.483.54$25,213
Dec 19966,78123.32$0
Nov 19967,90721.97$0
Oct 19967,41823.31$0
Sep 19966,58522.22$0
Aug 19968,76120.26$0
Jul 19968,17519.55$0
Jun 19968,17918.73$0
May 19968,83219.43$0
Apr 19967,21021.51$0
Mar 19965,44719.38$0
Feb 19964,91116.98$0
Jan 19964,79817.07$0
Dec 19956,12217.19$0
Nov 19957,00816.00$0
Oct 19957,84615.43$0
Sep 19958,55216.18$0
Aug 19958,34215.92$0
Jul 19958,71115.24$0
Jun 19958,34816.41$0
May 19958,65317.56$0
Apr 19957,26017.73$0
Mar 19957,07916.44$0
Feb 19955,89116.58$0
Jan 19957,23815.92$0
Dec 19947,75215.03$0
Nov 199410,22415.90$0
Oct 19949,74815.58$0
Sep 199410,05115.29$0
Aug 199410,21816.13$0
Jul 199410,81717.56$0
Jun 19948,66117.09$0
May 19949,60615.88$0
Apr 19948,01614.14$0
Mar 19948,82312.46$0
Feb 19946,69412.50$0
Jan 19948,44412.66$0
Dec 19938,57212.33$0
Nov 19938,81714.49$0
Oct 19939,89815.85$0
Sep 199310,45115.03$0
Aug 199311,27115.66$0
Jul 199312,26215.46$0
Jun 19938,67916.79$0
May 199310,87017.68$0
Apr 199310,39218.05$0
Mar 19939,44318.14$0
Feb 19937,74117.90$0
Jan 19938,68916.93$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                1,270 Mcf  × $  2.87 =     $3,645

────────────────────────────────────────────────────
Month total                                   $3,645

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/23527 is the state's own key, not one this site invented.