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 23542District 10Field 68831001NGPA filingGasSaveExport
Value, all time
$181 k
Jan 1993 – May 2026
Value, last 12 filed months
$12 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
GasProduction245,988 Mcf$181,449
Total$181,449

187,430 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 35.6091, -101.8454. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.60908, -101.84543 · 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
Dec 1968
1 of 1 wells

1 well

42-37500326B 40Dec 1968

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 202628498.932.87$815
Mar 202630089.753.15$945
Feb 202625663.503.75$960
Jan 202626859.138.00$2,143
Dec 202528556.664.41$1,258
Nov 202528958.593.93$1,135
Oct 202531859.383.30$1,051
Sep 202532162.743.08$988
Aug 202528463.933.01$856
Jul 202533466.743.32$1,107
Jun 202532466.483.13$1,014
May 202531560.553.23$1,018
Apr 202529962.363.54$1,059
Mar 202526967.704.27$1,148
Feb 202521370.884.34$925
Jan 202529574.324.28$1,262
Dec 202426868.993.12$837
Nov 202429069.052.20$638
Oct 202430971.372.28$705
Sep 202429369.612.36$693
Aug 202432575.632.06$671
Jul 202432479.932.15$696
Jun 202433078.082.63$869
May 202433678.812.20$739
Apr 202430884.451.66$511
Mar 202430980.301.55$477
Feb 202429076.091.78$517
Jan 202433073.023.30$1,088
Dec 202329871.262.61$778
Nov 202330977.892.81$868
Oct 202333285.443.09$1,025
Sep 202333089.042.74$903
Aug 202334480.522.67$919
Jul 202349874.852.64$1,316
Jun 202330668.962.26$691
May 202330870.622.23$686
Apr 202328878.122.24$644
Mar 202328972.852.39$692
Feb 202326575.112.47$653
Jan 202328576.533.39$966
Dec 202229276.415.73$1,673
Nov 202230885.005.65$1,739
Oct 202231087.185.86$1,818
Sep 202230984.888.16$2,523
Aug 202233694.529.13$3,067
Jul 2022250101.587.54$1,886
Jun 2022303115.097.98$2,417
May 2022286109.378.43$2,412
Apr 2022298104.226.84$2,038
Mar 2022299108.885.08$1,518
Feb 202229691.054.86$1,438
Jan 202229781.844.54$1,348
Dec 202133471.323.90$1,302
Nov 202133677.435.24$1,760
Oct 202133379.795.71$1,903
Sep 202134969.865.35$1,867
Aug 202136766.024.22$1,549
Jul 202137170.783.98$1,477
Jun 202136969.493.38$1,247
May 202136163.483.02$1,089
Apr 202122760.362.76$626
Mar 202136661.302.72$994
Feb 20219457.805.55$522
Jan 202129650.412.81$832
Dec 202030344.642.68$811
Nov 202030438.772.71$823
Oct 202028836.972.48$714
Sep 202031037.091.99$617
Aug 202031639.982.39$754
Jul 202030938.371.83$564
Jun 202033334.901.69$563
May 202035616.921.81$646
Apr 202032814.751.80$592
Mar 202028130.341.86$522
Feb 202025149.881.98$497
Jan 202028657.252.09$599
Dec 2019059.012.30$0
Nov 201930155.302.75$828
Oct 201933253.472.42$803
Sep 201936955.052.66$981
Aug 2019053.112.30$0
Jul 201938856.272.46$955
Jun 201941352.782.49$1,029
May 201945058.482.74$1,233
Apr 201925162.632.75$690
Mar 201939056.803.06$1,194
Feb 2019050.852.79$0
Jan 2019046.033.23$0
Dec 2018046.594.19$0
Nov 2018052.934.24$0
Oct 201837961.443.40$1,288
Sep 201837659.543.11$1,169
Aug 201839059.403.07$1,196
Jul 201839865.142.93$1,167
Jun 201838360.183.08$1,178
May 201841265.382.90$1,195
Apr 201844863.842.90$1,300
Mar 201817361.222.79$482
Feb 201835761.782.77$988
Jan 201840662.874.01$1,628
Dec 201738057.272.92$1,110
Nov 201742155.423.12$1,313
Oct 201723849.292.98$710
Sep 201722447.523.09$692
Aug 201727245.373.00$817
Jul 201712043.873.09$370
Jun 201736442.493.09$1,124
May 201740245.373.26$1,312
Apr 201737247.933.21$1,195
Mar 201738346.772.98$1,143
Feb 201733850.452.95$998
Jan 201741049.413.42$1,402
Dec 201637448.763.72$1,392
Nov 201638742.492.64$1,023
Oct 201643646.193.09$1,347
Sep 201632541.553.10$1,008
Aug 201629541.442.92$863
Jul 201641041.622.92$1,199
Jun 201640445.352.69$1,085
May 201641042.521.99$816
Apr 201642636.561.99$848
Mar 201640233.011.79$721
Feb 201633726.472.06$695
Jan 201640227.352.36$950
Dec 201540632.362.00$813
Nov 201540538.792.17$878
Oct 201545043.552.43$1,092
Sep 201545442.992.76$1,252
Aug 201547540.162.87$1,364
Jul 201549548.152.95$1,458
Jun 201548956.152.88$1,410
May 201540655.212.96$1,200
Apr 201543349.822.71$1,172
Mar 201538542.892.93$1,130
Feb 201517244.662.98$512
Jan 201546443.433.10$1,439
Dec 201444954.693.59$1,613
Nov 201431070.464.25$1,318
Oct 201443278.303.90$1,685
Sep 20149286.164.05$372
Aug 201431789.394.04$1,279
Jul 201461396.564.18$2,562
Jun 201438398.164.74$1,814
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 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 199756018.972.31$1,293
Apr 19972,39917.882.08$4,997
Mar 19973,43218.951.94$6,655
Feb 19972,97120.492.21$6,554
Jan 19973,14823.483.54$11,143
Dec 19963,50123.32$0
Nov 19962,98921.97$0
Oct 19963,62823.31$0
Sep 19963,35022.22$0
Aug 19963,65620.26$0
Jul 19963,65019.55$0
Jun 19963,60618.73$0
May 19963,56319.43$0
Apr 19963,32421.51$0
Mar 19963,45019.38$0
Feb 19963,24816.98$0
Jan 19963,53817.07$0
Dec 19953,45817.19$0
Nov 19953,78916.00$0
Oct 19954,02415.43$0
Sep 19953,85716.18$0
Aug 19954,23915.92$0
Jul 19953,47015.24$0
Jun 19953,81516.41$0
May 19953,73917.56$0
Apr 19953,97517.73$0
Mar 19953,39916.44$0
Feb 19953,29916.58$0
Jan 19953,71715.92$0
Dec 19943,95715.03$0
Nov 19944,00415.90$0
Oct 19943,59515.58$0
Sep 19944,13115.29$0
Aug 19944,46016.13$0
Jul 19944,34817.56$0
Jun 19944,04517.09$0
May 19943,64515.88$0
Apr 19944,38314.14$0
Mar 19944,51012.46$0
Feb 19944,04112.50$0
Jan 19944,70812.66$0
Dec 19934,00712.33$0
Nov 19934,69314.49$0
Oct 19934,82715.85$0
Sep 19935,06015.03$0
Aug 19935,38715.66$0
Jul 19934,66715.46$0
Jun 19933,07616.79$0
May 19934,48517.68$0
Apr 19933,62618.05$0
Mar 19933,80018.14$0
Feb 19933,23817.90$0
Jan 19934,45316.93$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                  284 Mcf  × $  2.87 =       $815

────────────────────────────────────────────────────
Month total                                     $815

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/23542 is the state's own key, not one this site invented.