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 23545District 10Field 68831001GasSaveExport
Value, all time
$6.7 M
Jan 1993 – May 2026
Value, last 12 filed months
$147 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
GasProduction1,966,275 Mcf$6,732,241
Total$6,732,241

390,004 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 35.5954, -101.7714. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.59539, -101.77139 · 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
2,959 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 2,959 ft.

Completions filed
Mar 2004
1 of 1 wells

1 well

42-37500212B 432,959 ftMar 2004

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 20263,52198.932.87$10,104
Mar 20263,58589.753.15$11,291
Feb 20263,23163.503.75$12,117
Jan 20263,49359.138.00$27,937
Dec 20253,56456.664.41$15,729
Nov 20253,49558.593.93$13,723
Oct 20253,73359.383.30$12,337
Sep 20253,66262.743.08$11,268
Aug 20252,96363.933.01$8,933
Jul 20253,79966.743.32$12,594
Jun 20253,59666.483.13$11,251
May 20253,38060.553.23$10,925
Apr 20252,87562.363.54$10,186
Mar 20252,42067.704.27$10,329
Feb 20252,71770.884.34$11,794
Jan 20252,92874.324.28$12,528
Dec 20242,98968.993.12$9,330
Nov 20242,77769.052.20$6,105
Oct 20243,03271.372.28$6,917
Sep 20243,25069.612.36$7,684
Aug 20243,98875.632.06$8,230
Jul 20244,27479.932.15$9,175
Jun 20243,58578.082.63$9,443
May 20243,68678.812.20$8,103
Apr 20243,53984.451.66$5,872
Mar 20243,60880.301.55$5,575
Feb 20243,23676.091.78$5,772
Jan 20243,48273.023.30$11,482
Dec 20233,76171.262.61$9,819
Nov 20233,72777.892.81$10,464
Oct 20234,04685.443.09$12,491
Sep 20233,97689.042.74$10,875
Aug 20234,12880.522.67$11,034
Jul 20238,69774.852.64$22,976
Jun 20233,94768.962.26$8,914
May 20233,90270.622.23$8,691
Apr 20233,75178.122.24$8,394
Mar 20234,01172.852.39$9,599
Feb 20233,46975.112.47$8,553
Jan 20233,73076.533.39$12,636
Dec 20223,93976.415.73$22,567
Nov 20223,73385.005.65$21,077
Oct 20224,17387.185.86$24,469
Sep 20223,97384.888.16$32,434
Aug 20224,25794.529.13$38,854
Jul 20224,165101.587.54$31,413
Jun 20223,948115.097.98$31,494
May 20223,725109.378.43$31,413
Apr 20223,908104.226.84$26,721
Mar 20223,976108.885.08$20,184
Feb 20223,48891.054.86$16,948
Jan 20223,71081.844.54$16,835
Dec 20213,91971.323.90$15,281
Nov 20213,88877.435.24$20,361
Oct 20214,18179.795.71$23,890
Sep 20214,11569.865.35$22,019
Aug 20214,30366.024.22$18,161
Jul 20213,58070.783.98$14,256
Jun 20213,52669.493.38$11,920
May 20214,37763.483.02$13,208
Apr 20212,17460.362.76$5,997
Mar 20213,18561.302.72$8,653
Feb 20211,69057.805.55$9,376
Jan 20213,39650.412.81$9,544
Dec 20203,40344.642.68$9,105
Nov 20203,01938.772.71$8,171
Oct 20203,27836.972.48$8,124
Sep 20203,60737.091.99$7,182
Aug 20203,50339.982.39$8,355
Jul 20203,60138.371.83$6,572
Jun 20203,75334.901.69$6,344
May 20203,91116.921.81$7,097
Apr 20203,79614.751.80$6,849
Mar 20203,81130.341.86$7,074
Feb 20203,46949.881.98$6,871
Jan 20203,81557.252.09$7,991
Dec 2019059.012.30$0
Nov 20193,68955.302.75$10,147
Oct 20193,93253.472.42$9,510
Sep 20193,88755.052.66$10,329
Aug 2019053.112.30$0
Jul 20194,22956.272.46$10,404
Jun 20193,79452.782.49$9,452
May 20194,31058.482.74$11,811
Apr 20192,30762.632.75$6,346
Mar 20193,65356.803.06$11,186
Feb 2019050.852.79$0
Jan 2019046.033.23$0
Dec 2018046.594.19$0
Nov 2018052.934.24$0
Oct 20184,33261.443.40$14,720
Sep 20184,19459.543.11$13,035
Aug 20184,39859.403.07$13,487
Jul 20184,41865.142.93$12,953
Jun 20184,27360.183.08$13,148
May 20184,44965.382.90$12,906
Apr 20184,44963.842.90$12,906
Mar 20181,09261.222.79$3,043
Feb 20183,78061.782.77$10,456
Jan 20183,88962.874.01$15,592
Dec 20173,99957.272.92$11,683
Nov 20174,47855.423.12$13,964
Oct 20172,17349.292.98$6,484
Sep 20172,30947.523.09$7,129
Aug 20172,40745.373.00$7,232
Jul 20171,34043.873.09$4,137
Jun 20173,88042.493.09$11,979
May 20174,27145.373.26$13,938
Apr 20174,01447.933.21$12,891
Mar 20174,46446.772.98$13,319
Feb 20173,71250.452.95$10,960
Jan 20173,92549.413.42$13,419
Dec 20164,12348.763.72$15,349
Nov 20164,20942.492.64$11,130
Oct 20164,45846.193.09$13,776
Sep 20163,03241.553.10$9,401
Aug 20162,79841.442.92$8,182
Jul 20164,23241.622.92$12,376
Jun 20164,17045.352.69$11,200
May 20164,13542.521.99$8,233
Apr 20164,16536.561.99$8,293
Mar 20164,35933.011.79$7,820
Feb 20163,82826.472.06$7,900
Jan 20164,27327.352.36$10,103
Dec 20154,20032.362.00$8,406
Nov 20154,07638.792.17$8,834
Oct 20154,43543.552.43$10,762
Sep 20154,31242.992.76$11,894
Aug 20154,11640.162.87$11,823
Jul 20154,34648.152.95$12,799
Jun 20154,39056.152.88$12,656
May 20153,45555.212.96$10,211
Apr 20154,34649.822.71$11,763
Mar 20154,40742.892.93$12,933
Feb 20153,72144.662.98$11,074
Jan 20154,21643.433.10$13,072
Dec 20144,45854.693.59$16,010
Nov 20144,54170.464.25$19,308
Oct 20144,84878.303.90$18,912
Sep 201462086.164.05$2,508
Aug 20142,68789.394.04$10,842
Jul 20144,58396.564.18$19,155
Jun 20144,44298.164.74$21,041
May 20144,60094.734.73$21,742
Apr 20144,62895.944.81$22,257
Mar 20144,86495.895.06$24,596
Feb 20143,96297.406.19$24,533
Jan 20144,84490.404.86$23,545
Dec 20134,72391.824.35$20,566
Nov 20134,54988.853.74$17,005
Oct 20134,74997.423.78$17,948
Sep 20134,648104.113.72$17,280
Aug 20134,816104.253.52$16,965
Jul 20134,709102.523.72$17,507
Jun 20134,80094.403.93$18,880
May 20133,78494.834.15$15,700
Apr 20134,71693.964.28$20,197
Mar 20134,58893.623.91$17,952
Feb 20134,35891.233.42$14,904
Jan 20134,84891.603.42$16,580
Dec 20124,94486.773.42$16,909
Nov 20124,85286.953.62$17,588
Oct 20124,55789.383.40$15,492
Sep 20124,82794.672.92$14,087
Aug 20125,12392.662.91$14,899
Jul 20125,10385.133.02$15,415
Jun 20124,63579.822.52$11,676
May 20124,38491.612.49$10,909
Apr 20124,704101.652.00$9,393
Mar 20125,121105.052.22$11,379
Feb 20124,215101.102.57$10,834
Jan 20124,98998.092.73$13,640
Dec 20114,36096.873.24$14,125
Nov 20115,03195.723.31$16,659
Oct 20115,32284.983.65$19,418
Sep 20115,55583.623.99$22,141
Aug 20115,22883.404.15$21,693
Jul 20115,23694.144.52$23,652
Jun 20115,51992.904.64$25,608
May 20115,70698.134.40$25,134
Apr 20115,659105.964.33$24,522
Mar 20115,89096.364.06$23,898
Feb 20114,54385.644.18$18,990
Jan 20115,60286.504.59$25,706
Dec 20105,83985.734.35$25,387
Nov 20105,77180.843.80$21,903
Oct 20106,24678.103.51$21,917
Sep 20105,75972.633.98$22,918
Aug 20106,27273.684.42$27,718
Jul 20106,49272.554.74$30,749
Jun 20105,24470.364.91$25,750
May 20104,03271.124.24$17,076
Apr 20105,40481.694.12$22,279
Mar 20105,74478.394.39$25,209
Feb 20104,65473.585.44$25,329
Jan 20105,73674.365.96$34,210
Dec 20095,03971.445.48$27,633
Nov 20095,91974.593.75$22,205
Oct 20095,85772.544.11$24,074
Sep 20095,85765.543.06$17,950
Aug 20096,06967.423.22$19,533
Jul 20096,40961.133.46$22,204
Jun 20095,91066.163.90$23,019
May 20095,86454.743.93$23,021
Apr 20096,08846.773.59$21,841
Mar 20096,05742.144.06$24,585
Feb 20095,85132.814.63$27,108
Jan 20096,45635.865.37$34,675
Dec 20086,45137.105.98$38,559
Nov 20086,52755.496.86$44,778
Oct 20087,01375.246.92$48,544
Sep 20087,008101.767.88$55,203
Aug 20087,324114.228.48$62,130
Jul 20087,243131.0811.39$82,494
Jun 20087,101131.3313.03$92,545
May 20086,928123.1711.57$80,187
Apr 20086,607110.3110.45$69,075
Mar 20087,011101.909.66$67,755
Feb 20086,76192.538.77$59,298
Jan 20087,22290.388.21$59,262
Dec 20077,44088.337.30$54,327
Nov 20077,59791.677.29$55,395
Oct 20076,91782.856.92$47,879
Sep 20075,29875.846.24$33,082
Aug 20072,69269.066.39$17,196
Jul 20072,65970.906.39$16,986
Jun 20072,07062.007.55$15,625
May 20071,62858.747.85$12,774
Apr 20072,74759.617.81$21,441
Mar 20072,17456.927.30$15,874
Feb 200749455.108.22$4,059
Jan 20071,20550.306.73$8,106
Dec 20062,19256.656.92$15,165
Nov 20062,60454.207.62$19,836
Oct 20062,57054.906.01$15,455
Sep 20063,50860.085.04$17,671
Aug 20064,76368.717.34$34,960
Jul 20061,32569.376.34$8,404
Jun 20064,79066.286.38$30,579
May 20064,34066.016.42$27,885
Apr 20064,42564.397.36$32,570
Mar 20064,25756.707.08$30,152
Feb 20062,45757.597.75$19,045
Jan 20064,25160.598.93$37,976
Dec 20054,85954.9413.42$65,185
Nov 20055,22254.6910.59$55,293
Oct 20055,60558.3413.80$77,325
Sep 20056,08661.4512.08$73,513
Aug 20056,65861.519.80$65,227
Jul 20056,90555.697.84$54,160
Jun 20055,09952.337.38$37,636
May 20052,57845.226.65$17,147
Apr 20053,48249.207.36$25,629
Mar 20053,05950.377.15$21,887
Feb 20051,99445.226.31$12,586
Jan 20053,35943.166.32$21,236
Dec 20045,10739.866.75$34,478
Nov 20046,45645.286.33$40,869
Oct 20046,95449.706.52$45,306
Sep 20044,52543.245.28$23,910
Aug 20045,04642.375.55$28,009
Jul 20046,18838.286.08$37,649
Jun 20046,37536.106.43$41,011
May 20045,74737.486.49$37,324
Apr 20045,02034.475.86$29,409
Mar 20042,98234.365.53$16,491
Feb 2004032.455.51$0
Jan 2004032.036.30$0
Dec 2003030.266.30$0
Nov 20032,18628.804.60$10,045
Oct 20034,12628.174.76$19,638
Sep 20034,00726.314.75$19,031
Aug 20034,17629.765.13$21,422
Jul 20034,42729.415.17$22,891
Jun 20033,18528.565.98$19,056
May 20033,64326.595.97$21,758
Apr 20033,99026.675.41$21,575
Mar 20034,06631.146.10$24,787
Feb 20033,70133.487.93$29,334
Jan 20034,26430.315.58$23,802
Dec 20024,32826.914.85$21,007
Nov 20024,36624.664.14$18,062
Oct 20024,81026.464.23$20,342
Sep 20024,19627.443.64$15,253
Aug 20024,63225.963.16$14,656
Jul 20024,51924.583.06$13,836
Jun 20024,27123.733.34$14,258
May 20024,37524.663.58$15,680
Apr 20024,78823.653.51$16,817
Mar 20025,02522.003.10$15,591
Feb 20024,50918.222.38$10,712
Jan 20025,54317.172.38$13,168
Dec 20015,60416.932.36$13,250
Nov 20014,86418.072.41$11,700
Oct 20012,51419.782.53$6,358
Sep 20014,64924.262.25$10,466
Aug 20015,13224.873.05$15,669
Jul 20015,29223.933.20$16,919
Jun 20015,05624.563.82$19,335
May 20014,94125.524.31$21,282
Apr 20014,79524.685.34$25,583
Mar 20014,88424.545.38$26,259
Feb 20015,12327.755.77$29,545
Jan 20013,40827.478.40$28,623
Dec 20004,44626.889.12$40,559
Nov 20005,11332.215.66$28,929
Oct 20005,80531.235.15$29,870
Sep 20006,47731.875.19$33,593
Aug 20006,07129.644.54$27,567
Jul 20005,67028.534.09$23,189
Jun 20005,01129.304.40$22,035
May 20005,65227.263.68$20,798
Apr 20004,75224.513.12$14,807
Mar 2000028.422.86$0
Feb 2000027.622.73$0
Jan 20002625.272.48$64
Dec 19992,69024.282.42$6,520
Nov 19996,08723.192.43$14,816
Oct 19995,47220.982.80$15,342
Sep 19995,92521.752.62$15,517
Aug 19996,20019.262.88$17,829
Jul 19996,47317.892.37$15,356
Jun 19996,57015.942.36$15,519
May 19995,86015.792.32$13,601
Apr 19994,92315.102.21$10,870
Mar 19996,22612.471.84$11,445
Feb 19996,1099.981.82$11,105
Jan 19995,82910.381.90$11,075
Dec 19986,1539.201.77$10,911
Nov 19986,61310.892.19$14,454
Oct 19986,73712.421.97$13,267
Sep 19987,03612.592.08$14,653
Aug 19987,41811.301.91$14,149
Jul 19987,51011.742.24$16,802
Jun 19988,04711.242.24$18,003
May 19986,78212.622.21$14,963
Apr 19986,21613.042.51$15,573
Mar 19986,20212.802.31$14,323
Feb 19986,24613.952.30$14,360
Jan 19987,64414.702.15$16,471
Dec 19976,71116.322.41$16,181
Nov 19977,29518.193.09$22,529
Oct 19977,72719.253.15$24,339
Sep 19978,26717.742.95$24,428
Aug 19978,89217.862.55$22,717
Jul 19978,81817.582.25$19,814
Jun 19978,63617.242.26$19,493
May 19977,16518.972.31$16,540
Apr 19977,60817.882.08$15,846
Mar 19977,39018.951.94$14,330
Feb 19978,16020.492.21$18,000
Jan 19979,57523.483.54$33,893
Dec 19965,15623.32$0
Nov 19966,61321.97$0
Oct 19968,96023.31$0
Sep 19966,16922.22$0
Aug 199610,28820.26$0
Jul 19968,14719.55$0
Jun 199610,32318.73$0
May 199610,85419.43$0
Apr 19969,73621.51$0
Mar 19969,33219.38$0
Feb 19969,41816.98$0
Jan 19969,33317.07$0
Dec 19959,11017.19$0
Nov 199510,88416.00$0
Oct 199512,64315.43$0
Sep 199512,68816.18$0
Aug 199513,49215.92$0
Jul 199512,69715.24$0
Jun 19956,01016.41$0
May 19954,08517.56$0
Apr 19954,09417.73$0
Mar 19953,83916.44$0
Feb 19953,34516.58$0
Jan 19952,82315.92$0
Dec 19945,80115.03$0
Nov 19948,51815.90$0
Oct 19949,79315.58$0
Sep 19949,02215.29$0
Aug 19949,21616.13$0
Jul 19949,10917.56$0
Jun 19947,70017.09$0
May 19944,10815.88$0
Apr 19944,56514.14$0
Mar 19945,52712.46$0
Feb 19944,59312.50$0
Jan 19947,60412.66$0
Dec 19937,83012.33$0
Nov 19939,05314.49$0
Oct 199310,89515.85$0
Sep 199312,15815.03$0
Aug 199314,52715.66$0
Jul 199311,46915.46$0
Jun 19936,47716.79$0
May 19932,02317.68$0
Apr 199335418.05$0
Mar 19938,82618.14$0
Feb 19938,60017.90$0
Jan 199312,19716.93$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                3,521 Mcf  × $  2.87 =    $10,104

────────────────────────────────────────────────────
Month total                                  $10,104

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/23545 is the state's own key, not one this site invented.