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 23534District 10Field 68831001NGPA filingGasSaveExport
Value, all time
$193 k
Jan 1993 – May 2026
Value, last 12 filed months
$14 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.

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
GasProduction183,287 Mcf$192,553
Total$192,553

126,041 Mcf of this lease's gas, across 18 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 35.6272, -101.8055. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.62719, -101.80547 · 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
2,916 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 2,916 ft.

1 well

42-34100827B 302,916 ft

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 202635598.932.87$1,019
Mar 202636189.753.15$1,137
Feb 202623863.503.75$893
Jan 202630859.138.00$2,463
Dec 202536856.664.41$1,624
Nov 202536358.593.93$1,425
Oct 202537359.383.30$1,233
Sep 202537662.743.08$1,157
Aug 202529563.933.01$889
Jul 202536466.743.32$1,207
Jun 202535766.483.13$1,117
May 202536060.553.23$1,164
Apr 202534662.363.54$1,226
Mar 202524967.704.27$1,063
Feb 202527670.884.34$1,198
Jan 202532974.324.28$1,408
Dec 202434268.993.12$1,068
Nov 202434269.052.20$752
Oct 202434571.372.28$787
Sep 202433269.612.36$785
Aug 202434675.632.06$714
Jul 202436579.932.15$784
Jun 202436378.082.63$956
May 202436978.812.20$811
Apr 202434484.451.66$571
Mar 202434080.301.55$525
Feb 202429976.091.78$533
Jan 202432373.023.30$1,065
Dec 202337971.262.61$989
Nov 202337677.892.81$1,056
Oct 202339285.443.09$1,210
Sep 202337889.042.74$1,034
Aug 202338880.522.67$1,037
Jul 202327974.852.64$737
Jun 202338168.962.26$860
May 202338870.622.23$864
Apr 202335178.122.24$785
Mar 202337472.852.39$895
Feb 202334375.112.47$846
Jan 202336676.533.39$1,240
Dec 202240176.415.73$2,297
Nov 202240785.005.65$2,298
Oct 202241687.185.86$2,439
Sep 202239784.888.16$3,241
Aug 202241394.529.13$3,770
Jul 2022419101.587.54$3,160
Jun 2022396115.097.98$3,159
May 2022404109.378.43$3,407
Apr 2022387104.226.84$2,646
Mar 2022364108.885.08$1,848
Feb 202231291.054.86$1,516
Jan 202234481.844.54$1,561
Dec 202139671.323.90$1,544
Nov 202137677.435.24$1,969
Oct 202135579.795.71$2,028
Sep 202137269.865.35$1,991
Aug 202138366.024.22$1,616
Jul 202139070.783.98$1,553
Jun 202139969.493.38$1,349
May 202141863.483.02$1,261
Apr 202118260.362.76$502
Mar 202129561.302.72$802
Feb 202116657.805.55$921
Jan 202134250.412.81$961
Dec 202038244.642.68$1,022
Nov 202033438.772.71$904
Oct 202037536.972.48$929
Sep 202039937.091.99$794
Aug 202040539.982.39$966
Jul 202040438.371.83$737
Jun 202042134.901.69$712
May 202046816.921.81$849
Apr 202016614.751.80$300
Mar 202040930.341.86$759
Feb 202039349.881.98$778
Jan 202039657.252.09$830
Dec 2019059.012.30$0
Nov 201943255.302.75$1,188
Oct 201944353.472.42$1,071
Sep 201938855.052.66$1,031
Aug 2019053.112.30$0
Jul 201943356.272.46$1,065
Jun 201947152.782.49$1,173
May 201951358.482.74$1,406
Apr 201923462.632.75$644
Mar 201931656.803.06$968
Feb 2019050.852.79$0
Jan 2019046.033.23$0
Dec 2018046.594.19$0
Nov 2018052.934.24$0
Oct 201846961.443.40$1,594
Sep 201844559.543.11$1,383
Aug 201846159.403.07$1,414
Jul 201844865.142.93$1,313
Jun 201844960.183.08$1,382
May 201851465.382.90$1,491
Apr 201845063.842.90$1,305
Mar 20188661.222.79$240
Feb 201840261.782.77$1,112
Jan 201848062.874.01$1,924
Dec 201747957.272.92$1,399
Nov 201752855.423.12$1,646
Oct 201716049.292.98$477
Sep 201726847.523.09$827
Aug 201732345.373.00$970
Jul 201715343.873.09$472
Jun 201743042.493.09$1,328
May 201750745.373.26$1,655
Apr 201745947.933.21$1,474
Mar 201748846.772.98$1,456
Feb 201740150.452.95$1,184
Jan 201745649.413.42$1,559
Dec 201648548.763.72$1,806
Nov 201651242.492.64$1,354
Oct 201652646.193.09$1,625
Sep 201636341.553.10$1,126
Aug 201642241.442.92$1,234
Jul 201649841.622.92$1,456
Jun 201646245.352.69$1,241
May 201653242.521.99$1,059
Apr 201652736.561.99$1,049
Mar 201655433.011.79$994
Feb 201647926.472.06$988
Jan 201653727.352.36$1,270
Dec 201553332.362.00$1,067
Nov 201554838.792.17$1,188
Oct 201557043.552.43$1,383
Sep 201555642.992.76$1,534
Aug 201554140.162.87$1,554
Jul 201554948.152.95$1,617
Jun 201555556.152.88$1,600
May 201541455.212.96$1,224
Apr 201553349.822.71$1,443
Mar 201552042.892.93$1,526
Feb 201553344.662.98$1,586
Jan 201559843.433.10$1,854
Dec 201464454.693.59$2,313
Nov 201439370.464.25$1,671
Oct 201461578.303.90$2,399
Sep 201430386.164.05$1,226
Aug 201436189.394.04$1,457
Jul 201459996.564.18$2,504
Jun 201450798.164.74$2,402
May 201471194.734.73$3,361
Apr 201480795.944.81$3,881
Mar 201476495.895.06$3,863
Feb 2014097.406.19$0
Jan 2014090.404.86$0
Dec 2013091.824.35$0
Nov 2013088.853.74$0
Oct 2013097.423.78$0
Sep 20130104.113.72$0
Aug 20130104.253.52$0
Jul 20130102.523.72$0
Jun 2013094.403.93$0
May 2013094.834.15$0
Apr 2013093.964.28$0
Mar 2013093.623.91$0
Feb 2013091.233.42$0
Jan 2013091.603.42$0
Dec 2012086.773.42$0
Nov 2012086.953.62$0
Oct 2012089.383.40$0
Sep 2012094.672.92$0
Aug 2012092.662.91$0
Jul 2012085.133.02$0
Jun 2012079.822.52$0
May 2012091.612.49$0
Apr 20120101.652.00$0
Mar 20120105.052.22$0
Feb 20120101.102.57$0
Jan 2012098.092.73$0
Dec 2011096.873.24$0
Nov 2011095.723.31$0
Oct 2011084.983.65$0
Sep 2011083.623.99$0
Aug 2011083.404.15$0
Jul 2011094.144.52$0
Jun 2011092.904.64$0
May 2011098.134.40$0
Apr 20110105.964.33$0
Mar 2011096.364.06$0
Feb 2011085.644.18$0
Jan 2011086.504.59$0
Dec 2010085.734.35$0
Nov 2010080.843.80$0
Oct 2010078.103.51$0
Sep 2010072.633.98$0
Aug 2010073.684.42$0
Jul 2010072.554.74$0
Jun 2010070.364.91$0
May 2010071.124.24$0
Apr 2010081.694.12$0
Mar 2010078.394.39$0
Feb 2010073.585.44$0
Jan 2010074.365.96$0
Dec 2009071.445.48$0
Nov 2009074.593.75$0
Oct 2009072.544.11$0
Sep 2009065.543.06$0
Aug 2009067.423.22$0
Jul 2009061.133.46$0
Jun 2009066.163.90$0
May 2009054.743.93$0
Apr 2009046.773.59$0
Mar 2009042.144.06$0
Feb 2009032.814.63$0
Jan 2009035.865.37$0
Dec 2008037.105.98$0
Nov 2008055.496.86$0
Oct 2008075.246.92$0
Sep 20080101.767.88$0
Aug 20080114.228.48$0
Jul 20080131.0811.39$0
Jun 20080131.3313.03$0
May 20080123.1711.57$0
Apr 20080110.3110.45$0
Mar 20080101.909.66$0
Feb 2008092.538.77$0
Jan 2008090.388.21$0
Dec 2007088.337.30$0
Nov 2007091.677.29$0
Oct 2007082.856.92$0
Sep 2007075.846.24$0
Aug 2007069.066.39$0
Jul 2007070.906.39$0
Jun 2007062.007.55$0
May 2007058.747.85$0
Apr 2007059.617.81$0
Mar 2007056.927.30$0
Feb 2007055.108.22$0
Jan 2007050.306.73$0
Dec 2006056.656.92$0
Nov 2006054.207.62$0
Oct 2006054.906.01$0
Sep 2006060.085.04$0
Aug 2006068.717.34$0
Jul 2006069.376.34$0
Jun 2006066.286.38$0
May 2006066.016.42$0
Apr 2006064.397.36$0
Mar 2006056.707.08$0
Feb 2006057.597.75$0
Jan 2006060.598.93$0
Dec 2005054.9413.42$0
Nov 2005054.6910.59$0
Oct 2005058.3413.80$0
Sep 2005061.4512.08$0
Aug 2005061.519.80$0
Jul 2005055.697.84$0
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 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 2004032.455.51$0
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 2003029.765.13$0
Jul 2003029.415.17$0
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 1998011.742.24$0
Jun 1998011.242.24$0
May 1998012.622.21$0
Apr 1998013.042.51$0
Mar 1998012.802.31$0
Feb 1998013.952.30$0
Jan 1998014.702.15$0
Dec 1997016.322.41$0
Nov 1997018.193.09$0
Oct 1997019.253.15$0
Sep 1997017.742.95$0
Aug 1997017.862.55$0
Jul 1997017.582.25$0
Jun 1997017.242.26$0
May 1997018.972.31$0
Apr 1997017.882.08$0
Mar 1997018.951.94$0
Feb 1997020.492.21$0
Jan 1997023.483.54$0
Dec 1996023.32$0
Nov 1996021.97$0
Oct 1996023.31$0
Sep 1996022.22$0
Aug 1996020.26$0
Jul 1996019.55$0
Jun 1996018.73$0
May 1996019.43$0
Apr 1996021.51$0
Mar 1996019.38$0
Feb 1996016.98$0
Jan 1996017.07$0
Dec 1995017.19$0
Nov 1995016.00$0
Oct 1995015.43$0
Sep 1995016.18$0
Aug 1995015.92$0
Jul 1995015.24$0
Jun 1995016.41$0
May 1995017.56$0
Apr 1995017.73$0
Mar 1995016.44$0
Feb 1995016.58$0
Jan 1995015.92$0
Dec 1994015.03$0
Nov 1994015.90$0
Oct 1994015.58$0
Sep 1994015.29$0
Aug 1994016.13$0
Jul 1994017.56$0
Jun 19944,04417.09$0
May 19946,87615.88$0
Apr 19947,17514.14$0
Mar 19947,37712.46$0
Feb 19946,57012.50$0
Jan 19947,30212.66$0
Dec 19937,35412.33$0
Nov 19937,33314.49$0
Oct 19937,38715.85$0
Sep 19937,13415.03$0
Aug 19937,12515.66$0
Jul 19937,29915.46$0
Jun 19935,68016.79$0
May 19937,28317.68$0
Apr 19937,37218.05$0
Mar 19938,28518.14$0
Feb 19936,72217.90$0
Jan 19937,72316.93$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                  355 Mcf  × $  2.87 =     $1,019

────────────────────────────────────────────────────
Month total                                   $1,019

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/23534 is the state's own key, not one this site invented.