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 23537District 10Field 68831001GasSaveExport
Value, all time
$2.9 M
Jan 1993 – May 2026
Value, last 12 filed months
$21 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
GasProduction956,829 Mcf$2,880,963
Total$2,880,963

256,016 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 35.5164, -101.8361. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.51637, -101.83613 · 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

42-37500135B 33

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 202651998.932.87$1,489
Mar 202652989.753.15$1,666
Feb 202639663.503.75$1,485
Jan 202644359.138.00$3,543
Dec 202548156.664.41$2,123
Nov 202550958.593.93$1,999
Oct 202550459.383.30$1,666
Sep 202555962.743.08$1,720
Aug 202554963.933.01$1,655
Jul 202556666.743.32$1,876
Jun 202553766.483.13$1,680
May 202555160.553.23$1,781
Apr 202550162.363.54$1,775
Mar 202544067.704.27$1,878
Feb 202547070.884.34$2,040
Jan 202548374.324.28$2,067
Dec 202453068.993.12$1,654
Nov 202453569.052.20$1,176
Oct 202458671.372.28$1,337
Sep 202454369.612.36$1,284
Aug 202459575.632.06$1,228
Jul 202462179.932.15$1,333
Jun 202457278.082.63$1,507
May 202456078.812.20$1,231
Apr 202454184.451.66$898
Mar 202457280.301.55$884
Feb 202445476.091.78$810
Jan 202447773.023.30$1,573
Dec 202352271.262.61$1,363
Nov 202353477.892.81$1,499
Oct 202358585.443.09$1,806
Sep 202359089.042.74$1,614
Aug 202356480.522.67$1,508
Jul 202367074.852.64$1,770
Jun 202358468.962.26$1,319
May 202358170.622.23$1,294
Apr 202355978.122.24$1,251
Mar 202355372.852.39$1,323
Feb 202349375.112.47$1,216
Jan 202352476.533.39$1,775
Dec 202258776.415.73$3,363
Nov 202255185.005.65$3,111
Oct 202262287.185.86$3,647
Sep 202262584.888.16$5,102
Aug 202266694.529.13$6,079
Jul 2022691101.587.54$5,212
Jun 2022598115.097.98$4,770
May 2022547109.378.43$4,613
Apr 2022507104.226.84$3,467
Mar 2022483108.885.08$2,452
Feb 202251391.054.86$2,493
Jan 202249481.844.54$2,242
Dec 202143771.323.90$1,704
Nov 202134377.435.24$1,796
Oct 202163979.795.71$3,651
Sep 202153169.865.35$2,841
Aug 202167466.024.22$2,845
Jul 202163170.783.98$2,513
Jun 202163369.493.38$2,140
May 202163463.483.02$1,913
Apr 202125460.362.76$701
Mar 202154361.302.72$1,475
Feb 202115657.805.55$865
Jan 202140950.412.81$1,149
Dec 202042244.642.68$1,129
Nov 202057338.772.71$1,551
Oct 202053636.972.48$1,328
Sep 202064037.091.99$1,274
Aug 202069339.982.39$1,653
Jul 202068238.371.83$1,245
Jun 202062534.901.69$1,056
May 202065216.921.81$1,183
Apr 202052214.751.80$942
Mar 202017230.341.86$319
Feb 202018849.881.98$372
Jan 202017957.252.09$375
Dec 2019059.012.30$0
Nov 201956155.302.75$1,543
Oct 201962453.472.42$1,509
Sep 201964655.052.66$1,717
Aug 2019053.112.30$0
Jul 201972656.272.46$1,786
Jun 201946552.782.49$1,158
May 201973558.482.74$2,014
Apr 201964662.632.75$1,777
Mar 201970756.803.06$2,165
Feb 2019050.852.79$0
Jan 2019046.033.23$0
Dec 2018046.594.19$0
Nov 2018052.934.24$0
Oct 201871661.443.40$2,433
Sep 201870859.543.11$2,200
Aug 201873759.403.07$2,260
Jul 201873765.142.93$2,161
Jun 201867560.183.08$2,077
May 201832265.382.90$934
Apr 201850763.842.90$1,471
Mar 201813261.222.79$368
Feb 201860561.782.77$1,674
Jan 201860962.874.01$2,442
Dec 201768557.272.92$2,001
Nov 201778555.423.12$2,448
Oct 201732049.292.98$955
Sep 201711947.523.09$367
Aug 20174745.373.00$141
Jul 201716743.873.09$516
Jun 201749742.493.09$1,534
May 201760045.373.26$1,958
Apr 201752547.933.21$1,686
Mar 201751146.772.98$1,525
Feb 201739450.452.95$1,163
Jan 201735049.413.42$1,197
Dec 201642148.763.72$1,567
Nov 201656842.492.64$1,502
Oct 201614346.193.09$442
Sep 2016041.553.10$0
Aug 201657341.442.92$1,676
Jul 201656241.622.92$1,643
Jun 201655845.352.69$1,499
May 201657542.521.99$1,145
Apr 201658836.561.99$1,171
Mar 201663033.011.79$1,130
Feb 201654126.472.06$1,116
Jan 201657927.352.36$1,369
Dec 201558432.362.00$1,169
Nov 201560238.792.17$1,305
Oct 201565643.552.43$1,592
Sep 201565542.992.76$1,807
Aug 201568940.162.87$1,979
Jul 201567948.152.95$2,000
Jun 201564356.152.88$1,854
May 201533455.212.96$987
Apr 201565549.822.71$1,773
Mar 201562342.892.93$1,828
Feb 201552544.662.98$1,563
Jan 201551343.433.10$1,591
Dec 201469554.693.59$2,496
Nov 201457170.464.25$2,428
Oct 201465678.303.90$2,559
Sep 201421386.164.05$862
Aug 201443089.394.04$1,735
Jul 201474396.564.18$3,105
Jun 201472898.164.74$3,448
May 201470094.734.73$3,309
Apr 201458795.944.81$2,823
Mar 201465595.895.06$3,312
Feb 201451797.406.19$3,201
Jan 201441390.404.86$2,007
Dec 201348991.824.35$2,129
Nov 201354288.853.74$2,026
Oct 201363897.423.78$2,411
Sep 2013650104.113.72$2,417
Aug 2013685104.253.52$2,413
Jul 2013734102.523.72$2,729
Jun 201371194.403.93$2,797
May 201338094.834.15$1,577
Apr 201370393.964.28$3,011
Mar 201371693.623.91$2,802
Feb 201365091.233.42$2,223
Jan 201372791.603.42$2,486
Dec 201272386.773.42$2,473
Nov 201274786.953.62$2,708
Oct 201271089.383.40$2,414
Sep 201278394.672.92$2,285
Aug 201282592.662.91$2,399
Jul 201284785.133.02$2,559
Jun 201276179.822.52$1,917
May 201268291.612.49$1,697
Apr 2012764101.652.00$1,526
Mar 2012815105.052.22$1,811
Feb 2012737101.102.57$1,894
Jan 201279398.092.73$2,168
Dec 201176196.873.24$2,465
Nov 201181195.723.31$2,685
Oct 201183784.983.65$3,054
Sep 201185883.623.99$3,420
Aug 201188783.404.15$3,680
Jul 201178094.144.52$3,523
Jun 201185092.904.64$3,944
May 201185798.134.40$3,775
Apr 2011690105.964.33$2,990
Mar 201189996.364.06$3,648
Feb 201170985.644.18$2,964
Jan 201188186.504.59$4,043
Dec 201082285.734.35$3,574
Nov 20101,03580.843.80$3,928
Oct 20101,14478.103.51$4,014
Sep 20101,12472.633.98$4,473
Aug 20101,16073.684.42$5,126
Jul 201095772.554.74$4,533
Jun 201077170.364.91$3,786
May 201086771.124.24$3,672
Apr 20101,10481.694.12$4,551
Mar 20101,12678.394.39$4,942
Feb 20101,01573.585.44$5,524
Jan 20101,17874.365.96$7,026
Dec 20091,18171.445.48$6,476
Nov 20091,18074.593.75$4,427
Oct 20091,24372.544.11$5,109
Sep 20091,19665.543.06$3,665
Aug 20091,21767.423.22$3,917
Jul 20091,12661.133.46$3,901
Jun 200967166.163.90$2,614
May 20091,21054.743.93$4,750
Apr 20091,15746.773.59$4,151
Mar 20091,20342.144.06$4,883
Feb 20091,10232.814.63$5,106
Jan 20091,17335.865.37$6,300
Dec 20081,16037.105.98$6,933
Nov 20081,19255.496.86$8,178
Oct 20081,19075.246.92$8,237
Sep 20081,179101.767.88$9,287
Aug 20081,140114.228.48$9,671
Jul 20081,089131.0811.39$12,403
Jun 20081,047131.3313.03$13,645
May 20081,440123.1711.57$16,667
Apr 20082,366110.3110.45$24,736
Mar 20082,445101.909.66$23,629
Feb 20082,32692.538.77$20,400
Jan 20082,42490.388.21$19,891
Dec 20072,42288.337.30$17,685
Nov 20072,39391.677.29$17,449
Oct 20072,49882.856.92$17,291
Sep 20072,45075.846.24$15,298
Aug 20072,54869.066.39$16,276
Jul 20072,41870.906.39$15,446
Jun 20072,47462.007.55$18,675
May 20072,30458.747.85$18,078
Apr 20072,33759.617.81$18,241
Mar 20072,54356.927.30$18,569
Feb 20072,15255.108.22$17,681
Jan 20072,26550.306.73$15,236
Dec 20062,33056.656.92$16,120
Nov 20062,43454.207.62$18,541
Oct 20062,47554.906.01$14,884
Sep 20062,03960.085.04$10,271
Aug 20062,38068.717.34$17,469
Jul 20063,04669.376.34$19,320
Jun 20062,77366.286.38$17,703
May 20062,60266.016.42$16,718
Apr 20062,86164.397.36$21,058
Mar 20062,83656.707.08$20,087
Feb 20062,32557.597.75$18,021
Jan 20062,69760.598.93$24,093
Dec 20052,54354.9413.42$34,115
Nov 20052,77754.6910.59$29,404
Oct 20052,99358.3413.80$41,291
Sep 20053,29361.4512.08$39,776
Aug 20052,81161.519.80$27,539
Jul 20051,93055.697.84$15,138
Jun 200538152.337.38$2,812
May 20051,51445.226.65$10,070
Apr 20052,83349.207.36$20,852
Mar 20053,02050.377.15$21,608
Feb 20052,68945.226.31$16,973
Jan 20052,92943.166.32$18,518
Dec 20043,02039.866.75$20,388
Nov 20042,90845.286.33$18,409
Oct 20043,20449.706.52$20,874
Sep 20043,44443.245.28$18,198
Aug 20043,67642.375.55$20,404
Jul 20043,90238.286.08$23,740
Jun 20043,86736.106.43$24,876
May 20043,11637.486.49$20,237
Apr 20043,62134.475.86$21,213
Mar 20043,05834.365.53$16,911
Feb 20042,28532.455.51$12,589
Jan 20042,20932.036.30$13,916
Dec 20032,43030.266.30$15,313
Nov 20031,96928.804.60$9,048
Oct 20031,93728.174.76$9,219
Sep 20031,76126.314.75$8,364
Aug 20032,24229.765.13$11,501
Jul 20032,70829.415.17$14,003
Jun 20032,51328.565.98$15,035
May 20032,55526.595.97$15,260
Apr 20031,54026.675.41$8,327
Mar 20031,33931.146.10$8,163
Feb 20031,55933.487.93$12,356
Jan 20032,43230.315.58$13,576
Dec 20022,27226.914.85$11,028
Nov 20022,93124.664.14$12,125
Oct 20022,77326.464.23$11,727
Sep 20023,12327.443.64$11,353
Aug 20023,44325.963.16$10,894
Jul 20023,57024.583.06$10,930
Jun 20023,44123.733.34$11,487
May 20025,29724.663.58$18,984
Apr 20023,19123.653.51$11,208
Mar 20023,39522.003.10$10,534
Feb 20023,44218.222.38$8,177
Jan 20024,21017.172.38$10,002
Dec 20013,61216.932.36$8,540
Nov 20013,17518.072.41$7,638
Oct 20013,73219.782.53$9,438
Sep 20014,15724.262.25$9,359
Aug 20014,03924.873.05$12,332
Jul 20014,67723.933.20$14,953
Jun 20013,87424.563.82$14,815
May 20013,39125.524.31$14,606
Apr 20014,58224.685.34$24,446
Mar 20014,49524.545.38$24,167
Feb 20014,35727.755.77$25,127
Jan 20014,40927.478.40$37,030
Dec 20004,60626.889.12$42,018
Nov 20003,12232.215.66$17,664
Oct 20003,86831.235.15$19,903
Sep 20004,41231.875.19$22,883
Aug 20002,11029.644.54$9,581
Jul 20004,11628.534.09$16,833
Jun 20004,12829.304.40$18,152
May 20004,73827.263.68$17,435
Apr 20004,14724.513.12$12,922
Mar 20005,73528.422.86$16,401
Feb 20005,22127.622.73$14,235
Jan 20005,72125.272.48$14,191
Dec 19995,42324.282.42$13,144
Nov 19995,57223.192.43$13,562
Oct 19995,07120.982.80$14,218
Sep 19995,33421.752.62$13,969
Aug 19995,91319.262.88$17,003
Jul 19995,86717.892.37$13,919
Jun 19995,76615.942.36$13,620
May 19995,81215.792.32$13,490
Apr 19996,56515.102.21$14,496
Mar 19996,89912.471.84$12,683
Feb 19996,0829.981.82$11,056
Jan 19996,22610.381.90$11,829
Dec 19985,6589.201.77$10,033
Nov 19986,31610.892.19$13,805
Oct 19986,38512.421.97$12,573
Sep 19987,67712.592.08$15,988
Aug 19987,62811.301.91$14,549
Jul 19986,39911.742.24$14,316
Jun 19986,99211.242.24$15,643
May 19986,97212.622.21$15,383
Apr 19987,65013.042.51$19,166
Mar 19988,28812.802.31$19,141
Feb 19987,33713.952.30$16,869
Jan 19989,08014.702.15$19,565
Dec 19979,30916.322.41$22,445
Nov 19978,80518.193.09$27,192
Oct 19978,15219.253.15$25,677
Sep 19978,13617.742.95$24,041
Aug 19977,28317.862.55$18,606
Jul 19979,45617.582.25$21,247
Jun 19977,29117.242.26$16,457
May 19979,43118.972.31$21,771
Apr 19978,58717.882.08$17,885
Mar 19979,50518.951.94$18,432
Feb 19978,78320.492.21$19,374
Jan 19977,75323.483.54$27,443
Dec 19969,62923.32$0
Nov 19968,25621.97$0
Oct 199610,65023.31$0
Sep 19969,72222.22$0
Aug 199610,58120.26$0
Jul 19969,68219.55$0
Jun 19964,15518.73$0
May 19966,46319.43$0
Apr 19964,42221.51$0
Mar 19961,11419.38$0
Feb 19961,11916.98$0
Jan 19961,01117.07$0
Dec 199563817.19$0
Nov 19953,27016.00$0
Oct 19954,23415.43$0
Sep 19952,55816.18$0
Aug 19955,29615.92$0
Jul 19955,34515.24$0
Jun 19953,77116.41$0
May 19955,07217.56$0
Apr 19954,59217.73$0
Mar 19953,63616.44$0
Feb 19952,15516.58$0
Jan 19953,78615.92$0
Dec 19944,00115.03$0
Nov 19947,02715.90$0
Oct 19949,93315.58$0
Sep 19947,64615.29$0
Aug 19947,59916.13$0
Jul 19948,14817.56$0
Jun 19942,67517.09$0
May 19942,72115.88$0
Apr 19941,16114.14$0
Mar 19943,36412.46$0
Feb 19944,32512.50$0
Jan 19948,32212.66$0
Dec 19937,66512.33$0
Nov 199364314.49$0
Oct 19931,95915.85$0
Sep 19934,51215.03$0
Aug 19937,85715.66$0
Jul 19937,70815.46$0
Jun 19937,23516.79$0
May 19936,44417.68$0
Apr 19936,17018.05$0
Mar 19935,29718.14$0
Feb 19935,34517.90$0
Jan 19937,10216.93$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                  519 Mcf  × $  2.87 =     $1,489

────────────────────────────────────────────────────
Month total                                   $1,489

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/23537 is the state's own key, not one this site invented.