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 23536District 10Field 68831001NGPA filingGasSaveExport
Value, all time
$929 k
Jan 1993 – May 2026
Value, last 12 filed months
$37 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
NGPA2none

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
GasProduction288,389 Mcf$929,287
Total$929,287

58,310 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 35.4886, -101.7857. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.48857, -101.78565 · 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.

1 well

42-37500279B 32

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 202681898.932.87$2,347
Mar 202694089.753.15$2,960
Feb 202687563.503.75$3,282
Jan 202680159.138.00$6,406
Dec 202585756.664.41$3,782
Nov 202587958.593.93$3,451
Oct 202592859.383.30$3,067
Sep 202595462.743.08$2,935
Aug 202588263.933.01$2,659
Jul 202592566.743.32$3,067
Jun 202592166.483.13$2,882
May 202597560.553.23$3,152
Apr 202595862.363.54$3,394
Mar 202579467.704.27$3,389
Feb 202557770.884.34$2,505
Jan 20251,00574.324.28$4,300
Dec 202479968.993.12$2,494
Nov 202485269.052.20$1,873
Oct 202492571.372.28$2,110
Sep 202488969.612.36$2,102
Aug 202492775.632.06$1,913
Jul 202494179.932.15$2,020
Jun 202494178.082.63$2,479
May 20241,00978.812.20$2,218
Apr 202487284.451.66$1,447
Mar 202498480.301.55$1,520
Feb 202492776.091.78$1,653
Jan 202489373.023.30$2,945
Dec 202382471.262.61$2,151
Nov 202385877.892.81$2,409
Oct 202395785.443.09$2,955
Sep 202392289.042.74$2,522
Aug 202394080.522.67$2,513
Jul 20231,58074.852.64$4,174
Jun 202394168.962.26$2,125
May 202392070.622.23$2,049
Apr 202399478.122.24$2,224
Mar 202385972.852.39$2,056
Feb 202391175.112.47$2,246
Jan 202394176.533.39$3,188
Dec 202282776.415.73$4,738
Nov 202293685.005.65$5,285
Oct 202293087.185.86$5,453
Sep 202296084.888.16$7,837
Aug 202296494.529.13$8,799
Jul 2022989101.587.54$7,459
Jun 2022936115.097.98$7,467
May 20221,026109.378.43$8,652
Apr 2022985104.226.84$6,735
Mar 20221,250108.885.08$6,346
Feb 202268491.054.86$3,323
Jan 202289981.844.54$4,079
Dec 202194671.323.90$3,689
Nov 202194777.435.24$4,959
Oct 202198879.795.71$5,645
Sep 202197269.865.35$5,201
Aug 20211,04866.024.22$4,423
Jul 20211,08170.783.98$4,305
Jun 20211,06069.493.38$3,583
May 20211,17763.483.02$3,552
Apr 202176260.362.76$2,102
Mar 20211,31261.302.72$3,565
Feb 202140657.805.55$2,252
Jan 20211,04550.412.81$2,937
Dec 20201,09244.642.68$2,922
Nov 20201,01338.772.71$2,742
Oct 202090536.972.48$2,243
Sep 20201,02637.091.99$2,043
Aug 20201,05339.982.39$2,512
Jul 20201,10138.371.83$2,009
Jun 20201,07134.901.69$1,810
May 20201,16716.921.81$2,118
Apr 20201,61414.751.80$2,912
Mar 20201,02830.341.86$1,908
Feb 202069549.881.98$1,377
Jan 202079257.252.09$1,659
Dec 2019059.012.30$0
Nov 201996255.302.75$2,646
Oct 201997753.472.42$2,363
Sep 201997555.052.66$2,591
Aug 2019053.112.30$0
Jul 20191,11356.272.46$2,738
Jun 20191,14652.782.49$2,855
May 20191,12358.482.74$3,077
Apr 20191,08562.632.75$2,985
Mar 201999756.803.06$3,053
Feb 2019050.852.79$0
Jan 2019046.033.23$0
Dec 2018046.594.19$0
Nov 2018052.934.24$0
Oct 20181,13361.443.40$3,850
Sep 20181,11059.543.11$3,450
Aug 20181,20859.403.07$3,704
Jul 20181,32565.142.93$3,885
Jun 20181,66360.183.08$5,117
May 201884565.382.90$2,451
Apr 20182,02463.842.90$5,871
Mar 201842261.222.79$1,176
Feb 20181,02761.782.77$2,841
Jan 201827462.874.01$1,099
Dec 20171,17957.272.92$3,444
Nov 20171,48355.423.12$4,625
Oct 20171,18949.292.98$3,548
Sep 201784747.523.09$2,615
Aug 20171,22245.373.00$3,671
Jul 201770443.873.09$2,173
Jun 20171,14542.493.09$3,535
May 20171,22945.373.26$4,011
Apr 20171,21747.933.21$3,909
Mar 20171,34746.772.98$4,019
Feb 20171,14650.452.95$3,384
Jan 20171,30049.413.42$4,444
Dec 20161,30148.763.72$4,843
Nov 20161,73242.492.64$4,580
Oct 20161,62446.193.09$5,019
Sep 2016041.553.10$0
Aug 20161,21741.442.92$3,559
Jul 20161,30641.622.92$3,819
Jun 20161,26445.352.69$3,395
May 20161,34642.521.99$2,680
Apr 20161,39436.561.99$2,776
Mar 20161,44133.011.79$2,585
Feb 20161,12826.472.06$2,328
Jan 20161,27727.352.36$3,019
Dec 20151,56632.362.00$3,134
Nov 20151,39638.792.17$3,026
Oct 20151,44143.552.43$3,497
Sep 20151,57442.992.76$4,342
Aug 20151,61940.162.87$4,651
Jul 20151,73448.152.95$5,107
Jun 20152,08156.152.88$5,999
May 20151,28255.212.96$3,789
Apr 20151,87349.822.71$5,069
Mar 20152,18742.892.93$6,418
Feb 20152,01344.662.98$5,991
Jan 20152,30343.433.10$7,141
Dec 20142,99854.693.59$10,767
Nov 20143,42570.464.25$14,563
Oct 20145,33778.303.90$20,819
Sep 20141,63886.164.05$6,626
Aug 20144,31089.394.04$17,391
Jul 20149,12696.564.18$38,143
Jun 20146,73698.164.74$31,908
May 20148,56794.734.73$40,492
Apr 2014095.944.81$0
Mar 2014095.895.06$0
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 20071,21869.066.39$7,781
Jul 20073,31170.906.39$21,150
Jun 20074,85662.007.55$36,655
May 20077,34058.747.85$57,592
Apr 200710,75559.617.81$83,945
Mar 20078,81256.927.30$64,345
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 19977717.742.95$228
Aug 19971,25817.862.55$3,214
Jul 19971,09417.582.25$2,458
Jun 19971,25217.242.26$2,826
May 19971,14618.972.31$2,646
Apr 19971,10817.882.08$2,308
Mar 19971,14318.951.94$2,216
Feb 19971,31320.492.21$2,896
Jan 19971,36123.483.54$4,818
Dec 19961,16923.32$0
Nov 19961,26621.97$0
Oct 19961,39923.31$0
Sep 19961,70522.22$0
Aug 199686420.26$0
Jul 19961,19319.55$0
Jun 19961,14518.73$0
May 19961,20219.43$0
Apr 19961,29121.51$0
Mar 19961,32019.38$0
Feb 19961,40216.98$0
Jan 19961,23817.07$0
Dec 19951,25217.19$0
Nov 19951,32416.00$0
Oct 19951,51715.43$0
Sep 19951,25516.18$0
Aug 199585315.92$0
Jul 199572515.24$0
Jun 19951,69416.41$0
May 199548017.56$0
Apr 19951,42217.73$0
Mar 19951,05916.44$0
Feb 19951,08416.58$0
Jan 19951,30815.92$0
Dec 19941,27415.03$0
Nov 19941,23915.90$0
Oct 19941,26215.58$0
Sep 19941,48515.29$0
Aug 19941,14516.13$0
Jul 19941,31817.56$0
Jun 19941,14117.09$0
May 19941,12915.88$0
Apr 19941,22614.14$0
Mar 19941,22612.46$0
Feb 19941,05512.50$0
Jan 19941,24112.66$0
Dec 19931,33312.33$0
Nov 19931,39014.49$0
Oct 199368015.85$0
Sep 19931,00415.03$0
Aug 19931,18915.66$0
Jul 19931,22915.46$0
Jun 19931,24216.79$0
May 199397417.68$0
Apr 19931,41818.05$0
Mar 19931,19818.14$0
Feb 19931,26017.90$0
Jan 19931,48516.93$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                  818 Mcf  × $  2.87 =     $2,347

────────────────────────────────────────────────────
Month total                                   $2,347

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/23536 is the state's own key, not one this site invented.