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 23531District 10Field 68831001GasSaveExport
Value, all time
$3.9 M
Jan 1993 – May 2026
Value, last 12 filed months
$60 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
GasProduction1,116,103 Mcf$3,897,593
Total$3,897,593

257,723 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 35.5158, -101.7917. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.51584, -101.79175 · 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
Feb 2004
1 of 1 wells

1 well

42-37500176B 27Feb 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 20261,40098.932.87$4,018
Mar 20261,39889.753.15$4,403
Feb 20261,11563.503.75$4,182
Jan 20261,42159.138.00$11,365
Dec 20251,29656.664.41$5,720
Nov 20251,43058.593.93$5,615
Oct 20251,59359.383.30$5,265
Sep 20251,54262.743.08$4,745
Aug 20251,42263.933.01$4,287
Jul 20251,59966.743.32$5,301
Jun 20251,54666.483.13$4,837
May 20251,64560.553.23$5,317
Apr 20251,60962.363.54$5,701
Mar 20251,54967.704.27$6,612
Feb 20251,34870.884.34$5,851
Jan 20251,52174.324.28$6,508
Dec 20241,40668.993.12$4,389
Nov 20241,52369.052.20$3,348
Oct 20241,59471.372.28$3,637
Sep 20241,53569.612.36$3,629
Aug 20241,59975.632.06$3,300
Jul 20241,65479.932.15$3,550
Jun 20241,61578.082.63$4,254
May 20241,67978.812.20$3,691
Apr 20241,63884.451.66$2,718
Mar 20241,67780.301.55$2,591
Feb 20241,50476.091.78$2,683
Jan 20241,63073.023.30$5,375
Dec 20231,59271.262.61$4,156
Nov 20231,69177.892.81$4,748
Oct 20231,76585.443.09$5,449
Sep 20231,72689.042.74$4,721
Aug 20231,80180.522.67$4,814
Jul 20232,22574.852.64$5,878
Jun 20231,75168.962.26$3,955
May 20231,83470.622.23$4,085
Apr 20231,73778.122.24$3,887
Mar 20231,69772.852.39$4,061
Feb 20231,53675.112.47$3,787
Jan 20231,66176.533.39$5,627
Dec 20221,61876.415.73$9,270
Nov 20221,74285.005.65$9,836
Oct 20221,88587.185.86$11,053
Sep 20221,82284.888.16$14,874
Aug 20221,91194.529.13$17,442
Jul 20221,938101.587.54$14,617
Jun 20221,692115.097.98$13,497
May 20221,934109.378.43$16,310
Apr 20221,818104.226.84$12,431
Mar 20221,687108.885.08$8,564
Feb 20221,67691.054.86$8,143
Jan 20221,67181.844.54$7,582
Dec 20211,75671.323.90$6,847
Nov 20211,86877.435.24$9,782
Oct 20211,95979.795.71$11,193
Sep 20211,91169.865.35$10,226
Aug 20212,02066.024.22$8,526
Jul 20212,03970.783.98$8,119
Jun 20212,01569.493.38$6,812
May 20212,06563.483.02$6,231
Apr 20211,20660.362.76$3,327
Mar 20211,86661.302.72$5,070
Feb 202189757.805.55$4,977
Jan 20211,83250.412.81$5,148
Dec 20201,71644.642.68$4,591
Nov 20201,91538.772.71$5,183
Oct 20201,91236.972.48$4,739
Sep 20202,04637.091.99$4,074
Aug 20202,12339.982.39$5,064
Jul 20202,12338.371.83$3,875
Jun 20202,10734.901.69$3,561
May 20202,21716.921.81$4,023
Apr 20202,18414.751.80$3,941
Mar 20202,26930.341.86$4,212
Feb 20201,65549.881.98$3,278
Jan 20202,32957.252.09$4,879
Dec 2019059.012.30$0
Nov 20192,40255.302.75$6,607
Oct 20192,65153.472.42$6,412
Sep 201971755.052.66$1,905
Aug 2019053.112.30$0
Jul 20191,05556.272.46$2,595
Jun 2019052.782.49$0
May 2019058.482.74$0
Apr 2019062.632.75$0
Mar 201937756.803.06$1,154
Feb 2019050.852.79$0
Jan 2019046.033.23$0
Dec 2018046.594.19$0
Nov 2018052.934.24$0
Oct 20182,39761.443.40$8,145
Sep 20182,39359.543.11$7,437
Aug 20182,60959.403.07$8,001
Jul 20182,81665.142.93$8,256
Jun 2018360.183.08$9
May 2018065.382.90$0
Apr 2018063.842.90$0
Mar 2018061.222.79$0
Feb 20181561.782.77$41
Jan 201828062.874.01$1,123
Dec 20171,82557.272.92$5,332
Nov 20172,33055.423.12$7,266
Oct 20171,12449.292.98$3,354
Sep 20171,22747.523.09$3,788
Aug 20171,18345.373.00$3,554
Jul 20171,07943.873.09$3,331
Jun 20171,96442.493.09$6,063
May 20172,17845.373.26$7,108
Apr 20172,11547.933.21$6,793
Mar 20172,15446.772.98$6,427
Feb 20171,76450.452.95$5,208
Jan 20172,22149.413.42$7,593
Dec 20161,66448.763.72$6,195
Nov 20162,29142.492.64$6,058
Oct 201667046.193.09$2,070
Sep 2016041.553.10$0
Aug 20161,86441.442.92$5,451
Jul 20162,03441.622.92$5,948
Jun 20161,99445.352.69$5,356
May 20162,18342.521.99$4,346
Apr 20162,11836.561.99$4,217
Mar 20162,24433.011.79$4,026
Feb 20161,83226.472.06$3,781
Jan 20162,08327.352.36$4,925
Dec 20152,13332.362.00$4,269
Nov 20152,21138.792.17$4,792
Oct 20152,31943.552.43$5,627
Sep 20152,24142.992.76$6,182
Aug 20152,28440.162.87$6,561
Jul 20152,34448.152.95$6,903
Jun 20152,36256.152.88$6,809
May 20151,14055.212.96$3,369
Apr 20152,26749.822.71$6,136
Mar 20152,20442.892.93$6,468
Feb 20151,79444.662.98$5,339
Jan 20151,96943.433.10$6,105
Dec 20142,34354.693.59$8,415
Nov 20141,65170.464.25$7,020
Oct 20141,25178.303.90$4,880
Sep 201479386.164.05$3,208
Aug 20141,51889.394.04$6,125
Jul 20142,19096.564.18$9,153
Jun 20142,03698.164.74$9,644
May 20142,08194.734.73$9,836
Apr 20142,24695.944.81$10,801
Mar 20142,32795.895.06$11,767
Feb 20141,60897.406.19$9,957
Jan 20142,23790.404.86$10,873
Dec 20132,14191.824.35$9,323
Nov 20132,19088.853.74$8,187
Oct 20132,33397.423.78$8,817
Sep 20132,269104.113.72$8,436
Aug 20132,385104.253.52$8,401
Jul 20132,438102.523.72$9,064
Jun 20132,43194.403.93$9,562
May 20131,43194.834.15$5,937
Apr 20132,30893.964.28$9,884
Mar 20132,40293.623.91$9,399
Feb 20132,09191.233.42$7,151
Jan 20132,30191.603.42$7,869
Dec 20122,33786.773.42$7,993
Nov 20122,31486.953.62$8,388
Oct 20122,38089.383.40$8,091
Sep 20122,31694.672.92$6,759
Aug 20122,46192.662.91$7,157
Jul 20122,49285.133.02$7,528
Jun 20122,39379.822.52$6,028
May 20122,40491.612.49$5,982
Apr 20122,605101.652.00$5,202
Mar 20122,705105.052.22$6,011
Feb 20122,470101.102.57$6,348
Jan 20122,60598.092.73$7,122
Dec 20112,54296.873.24$8,235
Nov 20112,56295.723.31$8,484
Oct 20112,74884.983.65$10,026
Sep 20112,69683.623.99$10,746
Aug 20112,75883.404.15$11,444
Jul 20112,47794.144.52$11,189
Jun 20112,65092.904.64$12,296
May 20112,75798.134.40$12,144
Apr 20112,719105.964.33$11,782
Mar 20112,81696.364.06$11,425
Feb 20112,31185.644.18$9,660
Jan 20112,57086.504.59$11,793
Dec 20102,62485.734.35$11,409
Nov 20102,57180.843.80$9,758
Oct 20102,71378.103.51$9,520
Sep 20102,62372.633.98$10,438
Aug 20102,78273.684.42$12,295
Jul 20102,78472.554.74$13,186
Jun 20102,51470.364.91$12,345
May 20102,28071.124.24$9,656
Apr 20102,73681.694.12$11,280
Mar 20102,69278.394.39$11,814
Feb 20102,41973.585.44$13,165
Jan 20102,77074.365.96$16,521
Dec 20092,65871.445.48$14,576
Nov 20092,70874.593.75$10,159
Oct 20092,83372.544.11$11,644
Sep 20092,77765.543.06$8,511
Aug 20092,88867.423.22$9,295
Jul 20092,95761.133.46$10,245
Jun 20092,80566.163.90$10,925
May 20092,93754.743.93$11,530
Apr 20093,02746.773.59$10,859
Mar 20093,13442.144.06$12,721
Feb 20092,73732.814.63$12,681
Jan 20093,00535.865.37$16,140
Dec 20083,04637.105.98$18,206
Nov 20083,06155.496.86$21,000
Oct 20083,25875.246.92$22,552
Sep 20083,208101.767.88$25,270
Aug 20083,312114.228.48$28,096
Jul 20083,411131.0811.39$38,849
Jun 20083,452131.3313.03$44,989
May 20083,231123.1711.57$37,397
Apr 20082,994110.3110.45$31,302
Mar 20083,161101.909.66$30,548
Feb 20082,77692.538.77$24,347
Jan 20083,10790.388.21$25,495
Dec 20073,08388.337.30$22,512
Nov 20072,83791.677.29$20,687
Oct 200791882.856.92$6,354
Sep 20072,44375.846.24$15,254
Aug 20073,03369.066.39$19,375
Jul 20073,83670.906.39$24,504
Jun 20073,78562.007.55$28,571
May 20073,31558.747.85$26,010
Apr 20073,50659.617.81$27,365
Mar 20073,45956.927.30$25,258
Feb 20073,20555.108.22$26,332
Jan 20073,16450.306.73$21,284
Dec 20062,92056.656.92$20,202
Nov 20063,37154.207.62$25,679
Oct 20064,66254.906.01$28,036
Sep 20063,40660.085.04$17,157
Aug 20063,72468.717.34$27,334
Jul 20064,10069.376.34$26,005
Jun 20063,93266.286.38$25,101
May 20063,78166.016.42$24,293
Apr 20064,17264.397.36$30,708
Mar 20064,16156.707.08$29,472
Feb 20063,71857.597.75$28,819
Jan 20064,52760.598.93$40,441
Dec 20054,66054.9413.42$62,516
Nov 20054,15954.6910.59$44,037
Oct 20054,91358.3413.80$67,779
Sep 20055,06661.4512.08$61,192
Aug 20055,43261.519.80$53,216
Jul 20053,58855.697.84$28,143
Jun 2005052.337.38$0
May 20052,01245.226.65$13,382
Apr 20054,19149.207.36$30,848
Mar 20054,35850.377.15$31,181
Feb 20053,94045.226.31$24,869
Jan 20054,29543.166.32$27,154
Dec 20044,34439.866.75$29,327
Nov 20044,47745.286.33$28,341
Oct 20045,40049.706.52$35,182
Sep 20045,23943.245.28$27,682
Aug 20045,80842.375.55$32,238
Jul 20046,00838.286.08$36,554
Jun 20045,32336.106.43$34,243
May 20045,83037.486.49$37,863
Apr 20042,92434.475.86$17,130
Mar 20045,01034.365.53$27,706
Feb 20045,50432.455.51$30,325
Jan 2004032.036.30$0
Dec 2003030.266.30$0
Nov 2003028.804.60$0
Oct 2003028.174.76$0
Sep 2003026.314.75$0
Aug 20032,07129.765.13$10,624
Jul 20032,60429.415.17$13,465
Jun 20032,58028.565.98$15,436
May 20032,46726.595.97$14,735
Apr 20031,89726.675.41$10,258
Mar 20032,45231.146.10$14,947
Feb 20032,53133.487.93$20,060
Jan 20032,38730.315.58$13,324
Dec 20022,51026.914.85$12,183
Nov 20022,62324.664.14$10,851
Oct 20023,00426.464.23$12,704
Sep 20022,72727.443.64$9,913
Aug 20022,89225.963.16$9,151
Jul 20022,97324.583.06$9,103
Jun 20022,73123.733.34$9,117
May 20022,50124.663.58$8,964
Apr 20022,26123.653.51$7,941
Mar 20022,05322.003.10$6,370
Feb 20022,14818.222.38$5,103
Jan 20022,24017.172.38$5,322
Dec 20012,92916.932.36$6,925
Nov 20013,14518.072.41$7,565
Oct 20013,14619.782.53$7,956
Sep 20013,11024.262.25$7,002
Aug 20012,85324.873.05$8,711
Jul 20012,73423.933.20$8,741
Jun 20013,11024.563.82$11,893
May 20012,57325.524.31$11,083
Apr 20011,04724.685.34$5,586
Mar 20011,08224.545.38$5,817
Feb 20011,20827.755.77$6,967
Jan 20011,58627.478.40$13,320
Dec 20002,49826.889.12$22,788
Nov 20002,41032.215.66$13,636
Oct 20003,42631.235.15$17,628
Sep 20003,16031.875.19$16,389
Aug 20003,53529.644.54$16,052
Jul 20002,96228.534.09$12,114
Jun 20002,30329.304.40$10,127
May 20003,75327.263.68$13,810
Apr 20002,86624.513.12$8,930
Mar 20002,97528.422.86$8,508
Feb 20002,45227.622.73$6,685
Jan 20002,71525.272.48$6,735
Dec 19992,87724.282.42$6,973
Nov 19993,45723.192.43$8,414
Oct 19993,29920.982.80$9,249
Sep 19993,49121.752.62$9,142
Aug 19993,57119.262.88$10,269
Jul 19993,67617.892.37$8,721
Jun 19993,85215.942.36$9,099
May 19993,65415.792.32$8,481
Apr 19993,89215.102.21$8,594
Mar 19994,75912.471.84$8,749
Feb 19994,0889.981.82$7,431
Jan 19994,01710.381.90$7,632
Dec 19984,2149.201.77$7,473
Nov 19982,49610.892.19$5,456
Oct 19983,39712.421.97$6,689
Sep 19983,44712.592.08$7,179
Aug 19982,18611.301.91$4,169
Jul 19983,15611.742.24$7,061
Jun 19982,93811.242.24$6,573
May 19983,50212.622.21$7,727
Apr 19984,17313.042.51$10,455
Mar 19984,32912.802.31$9,998
Feb 19984,13713.952.30$9,512
Jan 19984,45714.702.15$9,604
Dec 19974,28016.322.41$10,320
Nov 19972,90118.193.09$8,959
Oct 19973,68819.253.15$11,617
Sep 19974,06117.742.95$12,000
Aug 19973,99417.862.55$10,204
Jul 19974,17317.582.25$9,376
Jun 19973,77917.242.26$8,530
May 19973,99518.972.31$9,222
Apr 19974,38817.882.08$9,139
Mar 19973,52018.951.94$6,826
Feb 199727720.492.21$611
Jan 19973,35823.483.54$11,886
Dec 19964,09223.32$0
Nov 19964,56021.97$0
Oct 19964,92523.31$0
Sep 19964,42422.22$0
Aug 19963,71520.26$0
Jul 19964,76319.55$0
Jun 19964,63118.73$0
May 19964,83719.43$0
Apr 19964,94521.51$0
Mar 19965,02019.38$0
Feb 19964,81116.98$0
Jan 19965,35717.07$0
Dec 19955,61817.19$0
Nov 19955,20616.00$0
Oct 19955,51515.43$0
Sep 19955,16916.18$0
Aug 19955,03615.92$0
Jul 19954,17915.24$0
Jun 19953,88116.41$0
May 19953,27817.56$0
Apr 19954,95117.73$0
Mar 19954,39316.44$0
Feb 19953,99116.58$0
Jan 19954,94415.92$0
Dec 19945,02715.03$0
Nov 19944,96515.90$0
Oct 19945,22515.58$0
Sep 19944,90215.29$0
Aug 19945,30416.13$0
Jul 19945,26617.56$0
Jun 19944,65317.09$0
May 19944,98515.88$0
Apr 19945,88914.14$0
Mar 19946,37712.46$0
Feb 19945,48512.50$0
Jan 19946,34112.66$0
Dec 19936,36312.33$0
Nov 19936,19814.49$0
Oct 19935,98215.85$0
Sep 19936,52215.03$0
Aug 19937,00115.66$0
Jul 19937,43415.46$0
Jun 19936,19216.79$0
May 19936,97417.68$0
Apr 19937,17018.05$0
Mar 19937,34118.14$0
Feb 19936,64317.90$0
Jan 19937,24316.93$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                1,400 Mcf  × $  2.87 =     $4,018

────────────────────────────────────────────────────
Month total                                   $4,018

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/23531 is the state's own key, not one this site invented.