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 23546District 10Field 68831001NGPA filingGasSaveExport
Value, all time
$1.9 M
Jan 1993 – May 2026
Value, last 12 filed months
$26 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
GasProduction626,011 Mcf$1,930,997
Total$1,930,997

184,821 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 35.5311, -101.9179. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.53105, -101.91790 · 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
Jul 2003
1 of 1 wells

1 well

42-37500311B 44Jul 2003

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 202659898.932.87$1,716
Mar 202661789.753.15$1,943
Feb 202655863.503.75$2,093
Jan 202661359.138.00$4,903
Dec 202560856.664.41$2,683
Nov 202560458.593.93$2,372
Oct 202564259.383.30$2,122
Sep 202562662.743.08$1,926
Aug 202561263.933.01$1,845
Jul 202562366.743.32$2,065
Jun 202565966.483.13$2,062
May 202569060.553.23$2,230
Apr 202565862.363.54$2,331
Mar 202561967.704.27$2,642
Feb 202561170.884.34$2,652
Jan 202564674.324.28$2,764
Dec 202465668.993.12$2,048
Nov 202465769.052.20$1,444
Oct 202468471.372.28$1,560
Sep 202465069.612.36$1,537
Aug 202466475.632.06$1,370
Jul 202469679.932.15$1,494
Jun 202462678.082.63$1,649
May 202465578.812.20$1,440
Apr 202461584.451.66$1,020
Mar 202464080.301.55$989
Feb 202457376.091.78$1,022
Jan 202462973.023.30$2,074
Dec 202365371.262.61$1,705
Nov 202365277.892.81$1,831
Oct 202368785.443.09$2,121
Sep 202363189.042.74$1,726
Aug 202367780.522.67$1,810
Jul 202392374.852.64$2,438
Jun 202366568.962.26$1,502
May 202368970.622.23$1,535
Apr 202368978.122.24$1,542
Mar 202369172.852.39$1,654
Feb 202362875.112.47$1,548
Jan 202368276.533.39$2,310
Dec 202268076.415.73$3,896
Nov 202269585.005.65$3,924
Oct 202267987.185.86$3,981
Sep 202271684.888.16$5,845
Aug 202270094.529.13$6,389
Jul 2022666101.587.54$5,023
Jun 2022649115.097.98$5,177
May 2022620109.378.43$5,228
Apr 2022633104.226.84$4,328
Mar 2022713108.885.08$3,619
Feb 202262791.054.86$3,046
Jan 202265181.844.54$2,954
Dec 202166071.323.90$2,573
Nov 202165977.435.24$3,451
Oct 202169779.795.71$3,983
Sep 202170169.865.35$3,751
Aug 202167966.024.22$2,866
Jul 202168670.783.98$2,732
Jun 202166569.493.38$2,248
May 202175963.483.02$2,290
Apr 202142760.362.76$1,178
Mar 202161661.302.72$1,674
Feb 202135357.805.55$1,958
Jan 202168250.412.81$1,917
Dec 202065244.642.68$1,744
Nov 202066138.772.71$1,789
Oct 202062336.972.48$1,544
Sep 202066837.091.99$1,330
Aug 202069339.982.39$1,653
Jul 202069638.371.83$1,270
Jun 202068534.901.69$1,158
May 202067216.921.81$1,220
Apr 202064114.751.80$1,157
Mar 202065830.341.86$1,221
Feb 202062449.881.98$1,236
Jan 202066557.252.09$1,393
Dec 2019059.012.30$0
Nov 201961955.302.75$1,703
Oct 201968353.472.42$1,652
Sep 201969655.052.66$1,849
Aug 2019053.112.30$0
Jul 201972756.272.46$1,788
Jun 201964852.782.49$1,614
May 201978158.482.74$2,140
Apr 201947162.632.75$1,296
Mar 201958956.803.06$1,804
Feb 2019050.852.79$0
Jan 2019046.033.23$0
Dec 2018046.594.19$0
Nov 2018052.934.24$0
Oct 201870761.443.40$2,402
Sep 201869459.543.11$2,157
Aug 201869459.403.07$2,128
Jul 201870865.142.93$2,076
Jun 201874360.183.08$2,286
May 201881965.382.90$2,376
Apr 201881163.842.90$2,353
Mar 201813361.222.79$371
Feb 201877261.782.77$2,135
Jan 201823762.874.01$950
Dec 201730857.272.92$900
Nov 201786055.423.12$2,682
Oct 201745449.292.98$1,355
Sep 201744947.523.09$1,386
Aug 201745545.373.00$1,367
Jul 201736943.873.09$1,139
Jun 201765942.493.09$2,035
May 201773845.373.26$2,408
Apr 201770647.933.21$2,267
Mar 201774846.772.98$2,232
Feb 201765450.452.95$1,931
Jan 201772849.413.42$2,489
Dec 201673648.763.72$2,740
Nov 201676142.492.64$2,012
Oct 201678746.193.09$2,432
Sep 201634641.553.10$1,073
Aug 201672341.442.92$2,114
Jul 20161,06441.622.92$3,112
Jun 201696445.352.69$2,589
May 201695442.521.99$1,899
Apr 201690736.561.99$1,806
Mar 201693233.011.79$1,672
Feb 201685226.472.06$1,758
Jan 201691927.352.36$2,173
Dec 201592432.362.00$1,849
Nov 201592438.792.17$2,003
Oct 201596343.552.43$2,337
Sep 201593142.992.76$2,568
Aug 201594840.162.87$2,723
Jul 201594848.152.95$2,792
Jun 201596656.152.88$2,785
May 201552955.212.96$1,563
Apr 201591249.822.71$2,468
Mar 201592742.892.93$2,720
Feb 201559044.662.98$1,756
Jan 201584943.433.10$2,632
Dec 201489054.693.59$3,196
Nov 201476070.464.25$3,231
Oct 201462978.303.90$2,454
Sep 201436786.164.05$1,485
Aug 201453289.394.04$2,147
Jul 201491396.564.18$3,816
Jun 201490498.164.74$4,282
May 201481494.734.73$3,847
Apr 201481995.944.81$3,939
Mar 201490095.895.06$4,551
Feb 201468397.406.19$4,229
Jan 201496090.404.86$4,666
Dec 201395591.824.35$4,159
Nov 201386188.853.74$3,219
Oct 20131,01197.423.78$3,821
Sep 2013987104.113.72$3,669
Aug 20131,015104.253.52$3,575
Jul 20131,036102.523.72$3,852
Jun 20131,03594.403.93$4,071
May 201363094.834.15$2,614
Apr 201395793.964.28$4,098
Mar 201397993.623.91$3,831
Feb 201389991.233.42$3,075
Jan 20131,00091.603.42$3,420
Dec 201296386.773.42$3,294
Nov 20121,00586.953.62$3,643
Oct 20121,02389.383.40$3,478
Sep 20121,00394.672.92$2,927
Aug 20121,01892.662.91$2,961
Jul 201299485.133.02$3,003
Jun 201297679.822.52$2,459
May 201298791.612.49$2,456
Apr 20121,020101.652.00$2,037
Mar 20121,093105.052.22$2,429
Feb 20121,075101.102.57$2,763
Jan 201253798.092.73$1,468
Dec 201149596.873.24$1,604
Nov 20111,04095.723.31$3,444
Oct 20111,10284.983.65$4,021
Sep 20111,07983.623.99$4,301
Aug 20111,11783.404.15$4,635
Jul 20111,03494.144.52$4,671
Jun 20111,10992.904.64$5,146
May 20111,16698.134.40$5,136
Apr 20111,013105.964.33$4,390
Mar 20111,12396.364.06$4,556
Feb 201199085.644.18$4,138
Jan 20111,07186.504.59$4,915
Dec 20101,10185.734.35$4,787
Nov 20101,10380.843.80$4,186
Oct 20101,15178.103.51$4,039
Sep 20101,12472.633.98$4,473
Aug 20101,14973.684.42$5,078
Jul 20101,14472.554.74$5,419
Jun 201096570.364.91$4,739
May 201082771.124.24$3,503
Apr 20101,15581.694.12$4,762
Mar 20101,17478.394.39$5,152
Feb 20101,06773.585.44$5,807
Jan 20101,19574.365.96$7,127
Dec 20091,18271.445.48$6,482
Nov 20091,16374.593.75$4,363
Oct 20091,25372.544.11$5,150
Sep 20091,23065.543.06$3,770
Aug 20091,29167.423.22$4,155
Jul 20091,21161.133.46$4,196
Jun 200936066.163.90$1,402
May 20091,23254.743.93$4,837
Apr 20091,23246.773.59$4,420
Mar 20091,24242.144.06$5,041
Feb 20091,15432.814.63$5,346
Jan 20091,30035.865.37$6,982
Dec 20081,26037.105.98$7,531
Nov 20081,27155.496.86$8,720
Oct 20081,32475.246.92$9,165
Sep 20081,287101.767.88$10,138
Aug 20081,299114.228.48$11,019
Jul 20081,297131.0811.39$14,772
Jun 20081,281131.3313.03$16,695
May 20081,257123.1711.57$14,549
Apr 20081,293110.3110.45$13,518
Mar 20081,341101.909.66$12,960
Feb 20081,28992.538.77$11,305
Jan 20081,26090.388.21$10,339
Dec 20071,36488.337.30$9,960
Nov 20071,28191.677.29$9,341
Oct 20071,40482.856.92$9,718
Sep 20071,37475.846.24$8,579
Aug 20071,42969.066.39$9,128
Jul 20071,46370.906.39$9,346
Jun 20071,43562.007.55$10,832
May 20071,22158.747.85$9,580
Apr 20071,34859.617.81$10,521
Mar 20071,47256.927.30$10,749
Feb 20071,42155.108.22$11,675
Jan 20071,03750.306.73$6,976
Dec 20061,49956.656.92$10,371
Nov 20061,41554.207.62$10,779
Oct 20061,63154.906.01$9,809
Sep 20061,43660.085.04$7,233
Aug 20061,35468.717.34$9,938
Jul 20061,60669.376.34$10,186
Jun 20061,45066.286.38$9,257
May 20061,55366.016.42$9,978
Apr 20061,60964.397.36$11,843
Mar 20061,59956.707.08$11,326
Feb 20061,53857.597.75$11,921
Jan 20061,71860.598.93$15,347
Dec 20051,75654.9413.42$23,557
Nov 20051,71354.6910.59$18,138
Oct 20051,79758.3413.80$24,791
Sep 20051,78761.4512.08$21,585
Aug 20051,69761.519.80$16,625
Jul 20051,87255.697.84$14,683
Jun 200552852.337.38$3,897
May 20051,14945.226.65$7,642
Apr 20051,78749.207.36$13,153
Mar 20051,86650.377.15$13,351
Feb 20051,55645.226.31$9,821
Jan 20051,73543.166.32$10,969
Dec 20041,83639.866.75$12,395
Nov 20041,81745.286.33$11,502
Oct 20041,88749.706.52$12,294
Sep 20041,88343.245.28$9,950
Aug 20042,01042.375.55$11,157
Jul 20041,97038.286.08$11,986
Jun 20041,99936.106.43$12,860
May 20041,71437.486.49$11,132
Apr 20041,97434.475.86$11,565
Mar 20042,04834.365.53$11,326
Feb 20041,93432.455.51$10,656
Jan 20042,17432.036.30$13,695
Dec 20032,18930.266.30$13,794
Nov 20032,18128.804.60$10,022
Oct 20032,34228.174.76$11,147
Sep 20032,21726.314.75$10,529
Aug 20032,86729.765.13$14,707
Jul 20031,11029.415.17$5,740
Jun 2003028.565.98$0
May 2003026.595.97$0
Apr 2003026.675.41$0
Mar 2003031.146.10$0
Feb 20031,18433.487.93$9,384
Jan 20032,13230.315.58$11,901
Dec 20022,08226.914.85$10,106
Nov 20022,13024.664.14$8,812
Oct 20022,25426.464.23$9,532
Sep 20022,29327.443.64$8,336
Aug 20021,91725.963.16$6,066
Jul 20022,38424.583.06$7,299
Jun 20021,95723.733.34$6,533
May 20021,98524.663.58$7,114
Apr 20022,37123.653.51$8,328
Mar 20022,39922.003.10$7,443
Feb 20022,30718.222.38$5,481
Jan 20022,10917.172.38$5,010
Dec 20012,54516.932.36$6,017
Nov 20011,80918.072.41$4,352
Oct 200187019.782.53$2,200
Sep 20012,61824.262.25$5,894
Aug 20012,46924.873.05$7,538
Jul 20012,50023.933.20$7,993
Jun 20012,36524.563.82$9,044
May 20012,67825.524.31$11,535
Apr 20012,64624.685.34$14,117
Mar 20012,83824.545.38$15,258
Feb 20012,62527.755.77$15,139
Jan 20012,79527.478.40$23,475
Dec 20004,28526.889.12$39,090
Nov 20002,53532.215.66$14,343
Oct 20002,90331.235.15$14,937
Sep 20002,82931.875.19$14,673
Aug 20002,51629.644.54$11,425
Jul 20002,86428.534.09$11,713
Jun 20002,59029.304.40$11,389
May 20002,82927.263.68$10,410
Apr 20002,83724.513.12$8,840
Mar 20003,29428.422.86$9,420
Feb 20002,73927.622.73$7,468
Jan 20003,20725.272.48$7,955
Dec 19993,13824.282.42$7,606
Nov 19993,42823.192.43$8,344
Oct 19993,32020.982.80$9,308
Sep 19992,87421.752.62$7,527
Aug 19991,91219.262.88$5,498
Jul 19992,02017.892.37$4,792
Jun 19992,17315.942.36$5,133
May 19991,85015.792.32$4,294
Apr 19991,92415.102.21$4,248
Mar 19992,12412.471.84$3,905
Feb 19991,5399.981.82$2,798
Jan 19992,07610.381.90$3,944
Dec 19982,2219.201.77$3,939
Nov 19982,23710.892.19$4,889
Oct 19982,11612.421.97$4,167
Sep 19981,86412.592.08$3,882
Aug 19981,91911.301.91$3,660
Jul 19981,58211.742.24$3,539
Jun 19981,87111.242.24$4,186
May 19982,10912.622.21$4,653
Apr 19981,94013.042.51$4,860
Mar 19981,89412.802.31$4,374
Feb 19981,79613.952.30$4,129
Jan 19982,13114.702.15$4,592
Dec 19972,73816.322.41$6,602
Nov 19971,88918.193.09$5,834
Oct 19972,10219.253.15$6,621
Sep 19972,60217.742.95$7,689
Aug 19972,71717.862.55$6,941
Jul 19972,70017.582.25$6,067
Jun 19972,62117.242.26$5,916
May 19972,59118.972.31$5,981
Apr 19972,44117.882.08$5,084
Mar 19972,48118.951.94$4,811
Feb 19972,39320.492.21$5,279
Jan 19972,51923.483.54$8,917
Dec 19962,44423.32$0
Nov 19962,07821.97$0
Oct 19962,49323.31$0
Sep 19961,80322.22$0
Aug 19962,38420.26$0
Jul 19962,98819.55$0
Jun 19962,94618.73$0
May 19963,29919.43$0
Apr 19962,92721.51$0
Mar 19962,86819.38$0
Feb 19962,79516.98$0
Jan 19962,85917.07$0
Dec 19953,21617.19$0
Nov 19952,93016.00$0
Oct 19953,40815.43$0
Sep 19952,66116.18$0
Aug 19953,40315.92$0
Jul 19953,38715.24$0
Jun 19952,66616.41$0
May 19952,75117.56$0
Apr 19952,92017.73$0
Mar 19953,75316.44$0
Feb 19953,47116.58$0
Jan 19954,31215.92$0
Dec 19944,31215.03$0
Nov 19944,34415.90$0
Oct 19944,71815.58$0
Sep 19944,46515.29$0
Aug 19943,06416.13$0
Jul 19945,07917.56$0
Jun 19944,42017.09$0
May 19944,66115.88$0
Apr 19944,51614.14$0
Mar 19945,21012.46$0
Feb 19944,71912.50$0
Jan 19944,86812.66$0
Dec 19934,80312.33$0
Nov 19934,82514.49$0
Oct 19935,15015.85$0
Sep 19935,30215.03$0
Aug 19934,35115.66$0
Jul 19934,99615.46$0
Jun 19934,26116.79$0
May 19935,68917.68$0
Apr 19935,42418.05$0
Mar 19935,57618.14$0
Feb 19934,76617.90$0
Jan 19934,54016.93$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                  598 Mcf  × $  2.87 =     $1,716

────────────────────────────────────────────────────
Month total                                   $1,716

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/23546 is the state's own key, not one this site invented.