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 23541District 10Field 68831001NGPA filingGasSaveExport
Value, all time
$445 k
Jan 1993 – May 2026
Value, last 12 filed months
$0
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
GasProduction240,504 Mcf$444,848
Total$444,848

115,822 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 35.5453, -101.8706. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.54526, -101.87063 · 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

42-37500379B 39

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 2026098.932.87$0
Mar 2026089.753.15$0
Feb 2026063.503.75$0
Jan 2026059.138.00$0
Dec 2025056.664.41$0
Nov 2025058.593.93$0
Oct 2025059.383.30$0
Sep 2025062.743.08$0
Aug 2025063.933.01$0
Jul 2025066.743.32$0
Jun 2025066.483.13$0
May 2025060.553.23$0
Apr 2025062.363.54$0
Mar 2025067.704.27$0
Feb 2025070.884.34$0
Jan 2025074.324.28$0
Dec 2024068.993.12$0
Nov 2024069.052.20$0
Oct 2024071.372.28$0
Sep 2024069.612.36$0
Aug 2024075.632.06$0
Jul 2024079.932.15$0
Jun 2024078.082.63$0
May 2024078.812.20$0
Apr 2024084.451.66$0
Mar 2024080.301.55$0
Feb 2024076.091.78$0
Jan 2024073.023.30$0
Dec 2023071.262.61$0
Nov 2023077.892.81$0
Oct 2023085.443.09$0
Sep 2023089.042.74$0
Aug 2023080.522.67$0
Jul 2023074.852.64$0
Jun 2023068.962.26$0
May 2023070.622.23$0
Apr 2023078.122.24$0
Mar 2023072.852.39$0
Feb 2023075.112.47$0
Jan 2023076.533.39$0
Dec 2022076.415.73$0
Nov 2022085.005.65$0
Oct 2022087.185.86$0
Sep 2022084.888.16$0
Aug 2022094.529.13$0
Jul 20220101.587.54$0
Jun 20220115.097.98$0
May 20220109.378.43$0
Apr 20220104.226.84$0
Mar 20220108.885.08$0
Feb 2022091.054.86$0
Jan 2022081.844.54$0
Dec 2021071.323.90$0
Nov 2021077.435.24$0
Oct 2021079.795.71$0
Sep 2021069.865.35$0
Aug 2021066.024.22$0
Jul 2021070.783.98$0
Jun 2021069.493.38$0
May 2021063.483.02$0
Apr 2021060.362.76$0
Mar 2021061.302.72$0
Feb 2021057.805.55$0
Jan 2021050.412.81$0
Dec 2020044.642.68$0
Nov 2020038.772.71$0
Oct 2020036.972.48$0
Sep 2020037.091.99$0
Aug 2020039.982.39$0
Jul 2020038.371.83$0
Jun 2020034.901.69$0
May 2020016.921.81$0
Apr 2020014.751.80$0
Mar 2020030.341.86$0
Feb 2020049.881.98$0
Jan 2020057.252.09$0
Dec 2019059.012.30$0
Nov 2019055.302.75$0
Oct 2019053.472.42$0
Sep 2019055.052.66$0
Aug 2019053.112.30$0
Jul 2019056.272.46$0
Jun 2019052.782.49$0
May 2019058.482.74$0
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 2018059.543.11$0
Aug 2018059.403.07$0
Jul 2018065.142.93$0
Jun 2018060.183.08$0
May 2018065.382.90$0
Apr 2018063.842.90$0
Mar 2018061.222.79$0
Feb 2018061.782.77$0
Jan 2018062.874.01$0
Dec 2017057.272.92$0
Nov 2017055.423.12$0
Oct 2017049.292.98$0
Sep 2017047.523.09$0
Aug 2017045.373.00$0
Jul 2017043.873.09$0
Jun 2017042.493.09$0
May 2017045.373.26$0
Apr 2017047.933.21$0
Mar 2017046.772.98$0
Feb 2017050.452.95$0
Jan 2017049.413.42$0
Dec 2016048.763.72$0
Nov 2016042.492.64$0
Oct 2016046.193.09$0
Sep 2016041.553.10$0
Aug 2016041.442.92$0
Jul 2016041.622.92$0
Jun 2016045.352.69$0
May 2016042.521.99$0
Apr 2016036.561.99$0
Mar 2016033.011.79$0
Feb 2016026.472.06$0
Jan 2016027.352.36$0
Dec 2015032.362.00$0
Nov 2015038.792.17$0
Oct 2015043.552.43$0
Sep 2015042.992.76$0
Aug 2015040.162.87$0
Jul 2015048.152.95$0
Jun 2015056.152.88$0
May 2015055.212.96$0
Apr 2015049.822.71$0
Mar 2015042.892.93$0
Feb 2015044.662.98$0
Jan 2015043.433.10$0
Dec 2014054.693.59$0
Nov 2014070.464.25$0
Oct 2014078.303.90$0
Sep 2014086.164.05$0
Aug 2014089.394.04$0
Jul 2014096.564.18$0
Jun 2014098.164.74$0
May 2014094.734.73$0
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 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 200418432.455.51$1,014
Jan 20041,11132.036.30$6,999
Dec 20031,12930.266.30$7,115
Nov 20031,09028.804.60$5,009
Oct 20031,11128.174.76$5,288
Sep 20031,08526.314.75$5,153
Aug 20031,15829.765.13$5,940
Jul 20031,18729.415.17$6,138
Jun 20031,24028.565.98$7,419
May 20031,21426.595.97$7,251
Apr 20031,20526.675.41$6,516
Mar 20031,51931.146.10$9,260
Feb 20031,14233.487.93$9,051
Jan 20031,24730.315.58$6,961
Dec 20021,27526.914.85$6,189
Nov 20021,30924.664.14$5,415
Oct 20021,34126.464.23$5,671
Sep 20021,34027.443.64$4,871
Aug 20021,50525.963.16$4,762
Jul 20021,32024.583.06$4,042
Jun 20021,35323.733.34$4,517
May 20021,49924.663.58$5,372
Apr 20021,28023.653.51$4,496
Mar 20021,39822.003.10$4,338
Feb 20021,37118.222.38$3,257
Jan 20021,38717.172.38$3,295
Dec 20011,59716.932.36$3,776
Nov 20011,24118.072.41$2,985
Oct 20011,49319.782.53$3,776
Sep 20011,24224.262.25$2,796
Aug 20011,53924.873.05$4,699
Jul 20011,77823.933.20$5,684
Jun 20011,54924.563.82$5,924
May 20011,48625.524.31$6,401
Apr 20011,72124.685.34$9,182
Mar 20011,81924.545.38$9,780
Feb 20011,68127.755.77$9,694
Jan 20011,75127.478.40$14,706
Dec 20001,70226.889.12$15,527
Nov 20001,70032.215.66$9,619
Oct 20001,81331.235.15$9,329
Sep 20001,89031.875.19$9,802
Aug 20001,91329.644.54$8,686
Jul 20001,94928.534.09$7,971
Jun 20001,71329.304.40$7,532
May 20002,19727.263.68$8,084
Apr 20001,91924.513.12$5,980
Mar 20002,04728.422.86$5,854
Feb 20001,90827.622.73$5,202
Jan 20002,26425.272.48$5,616
Dec 19992,13724.282.42$5,179
Nov 19992,71923.192.43$6,618
Oct 19993,26420.982.80$9,151
Sep 199988621.752.62$2,320
Aug 199947919.262.88$1,377
Jul 199986717.892.37$2,057
Jun 19991,10715.942.36$2,615
May 19991,10115.792.32$2,555
Apr 199996615.102.21$2,133
Mar 19991,18712.471.84$2,182
Feb 19996749.981.82$1,225
Jan 19991,23510.381.90$2,346
Dec 19981,3129.201.77$2,327
Nov 19981,03510.892.19$2,262
Oct 199895512.421.97$1,881
Sep 199857512.592.08$1,198
Aug 19981,20611.301.91$2,300
Jul 199881811.742.24$1,830
Jun 19981,08811.242.24$2,434
May 19981,56212.622.21$3,446
Apr 19981,37713.042.51$3,450
Mar 19981,48712.802.31$3,434
Feb 19981,55513.952.30$3,575
Jan 19981,43614.702.15$3,094
Dec 19971,85416.322.41$4,470
Nov 19971,40518.193.09$4,339
Oct 19971,26819.253.15$3,994
Sep 19971,40217.742.95$4,143
Aug 19971,71517.862.55$4,381
Jul 19971,49917.582.25$3,368
Jun 19971,89617.242.26$4,280
May 19971,85218.972.31$4,275
Apr 19971,74217.882.08$3,628
Mar 19971,71118.951.94$3,318
Feb 19971,73220.492.21$3,821
Jan 19971,66623.483.54$5,897
Dec 19961,35823.32$0
Nov 19961,37221.97$0
Oct 19961,38723.31$0
Sep 19961,05822.22$0
Aug 19961,28020.26$0
Jul 19962,15919.55$0
Jun 19961,88418.73$0
May 19962,23819.43$0
Apr 19962,26921.51$0
Mar 19962,21319.38$0
Feb 19962,13716.98$0
Jan 19962,37717.07$0
Dec 19952,38617.19$0
Nov 19952,19216.00$0
Oct 19952,49115.43$0
Sep 19951,58716.18$0
Aug 19951,32915.92$0
Jul 19951,66215.24$0
Jun 19952,21316.41$0
May 19952,14717.56$0
Apr 19952,41117.73$0
Mar 19952,64316.44$0
Feb 19951,75716.58$0
Jan 19952,16515.92$0
Dec 19942,32415.03$0
Nov 19942,66815.90$0
Oct 19943,39815.58$0
Sep 19942,81915.29$0
Aug 19942,84016.13$0
Jul 19943,20717.56$0
Jun 19941,96917.09$0
May 19942,24315.88$0
Apr 19941,80814.14$0
Mar 19942,74412.46$0
Feb 19942,65512.50$0
Jan 19943,02612.66$0
Dec 19933,12912.33$0
Nov 19932,53814.49$0
Oct 19932,28915.85$0
Sep 19932,67915.03$0
Aug 19933,21115.66$0
Jul 19933,32315.46$0
Jun 19933,33216.79$0
May 19933,27917.68$0
Apr 19933,40718.05$0
Mar 19933,47818.14$0
Feb 19933,13117.90$0
Jan 19933,61016.93$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.

Feb 2004 — as filed, then multipliedworked
Gas                  184 Mcf  × $  5.51 =     $1,014

────────────────────────────────────────────────────
Month total                                   $1,014

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/23541 is the state's own key, not one this site invented.