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 23547District 10Field 68831001NGPA filingGasSaveExport
Value, all time
$4.4 M
Jan 1993 – May 2026
Value, last 12 filed months
$38 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
NGPA2none

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
GasProduction1,472,922 Mcf$4,394,294
Total$4,394,294

438,104 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 35.6061, -101.8716. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.60615, -101.87164 · 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
Apr 2001
1 of 1 wells

1 well

42-37500327B 45Apr 2001

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 202689198.932.87$2,557
Mar 202694889.753.15$2,986
Feb 202679163.503.75$2,967
Jan 202689559.138.00$7,158
Dec 202592156.664.41$4,065
Nov 202591658.593.93$3,597
Oct 202597559.383.30$3,222
Sep 202595062.743.08$2,923
Aug 202590863.933.01$2,737
Jul 202595466.743.32$3,163
Jun 202585966.483.13$2,688
May 202597560.553.23$3,152
Apr 202589862.363.54$3,182
Mar 202581067.704.27$3,457
Feb 202582370.884.34$3,573
Jan 202591874.324.28$3,928
Dec 202495368.993.12$2,975
Nov 202492869.052.20$2,040
Oct 202498671.372.28$2,249
Sep 202489569.612.36$2,116
Aug 202496875.632.06$1,998
Jul 20241,03479.932.15$2,220
Jun 202497778.082.63$2,573
May 20241,01778.812.20$2,236
Apr 202497084.451.66$1,609
Mar 20241,01080.301.55$1,561
Feb 202493476.091.78$1,666
Jan 202498373.023.30$3,242
Dec 202389571.262.61$2,337
Nov 20231,00277.892.81$2,813
Oct 20231,06585.443.09$3,288
Sep 20231,01989.042.74$2,787
Aug 20231,08680.522.67$2,903
Jul 202397374.852.64$2,570
Jun 20231,05168.962.26$2,374
May 20231,08070.622.23$2,406
Apr 20231,04878.122.24$2,345
Mar 20231,03672.852.39$2,479
Feb 202394675.112.47$2,333
Jan 20231,06576.533.39$3,608
Dec 20221,06876.415.73$6,119
Nov 20221,06185.005.65$5,991
Oct 20221,15487.185.86$6,767
Sep 20221,01184.888.16$8,253
Aug 20221,05894.529.13$9,657
Jul 20221,047101.587.54$7,897
Jun 2022908115.097.98$7,243
May 2022999109.378.43$8,425
Apr 2022973104.226.84$6,653
Mar 2022993108.885.08$5,041
Feb 202283191.054.86$4,038
Jan 202288581.844.54$4,016
Dec 202197471.323.90$3,798
Nov 202196977.435.24$5,075
Oct 20211,01079.795.71$5,771
Sep 20211,00269.865.35$5,362
Aug 20211,05666.024.22$4,457
Jul 20211,04570.783.98$4,161
Jun 20211,02169.493.38$3,452
May 20211,04463.483.02$3,150
Apr 202155560.362.76$1,531
Mar 202191461.302.72$2,483
Feb 202139257.805.55$2,175
Jan 202177150.412.81$2,167
Dec 202081044.642.68$2,167
Nov 202075738.772.71$2,049
Oct 202088736.972.48$2,198
Sep 202098937.091.99$1,969
Aug 20201,04339.982.39$2,488
Jul 20201,07138.371.83$1,955
Jun 20201,02234.901.69$1,728
May 20201,02116.921.81$1,853
Apr 202092114.751.80$1,662
Mar 202078830.341.86$1,463
Feb 202064249.881.98$1,272
Jan 202076557.252.09$1,602
Dec 2019059.012.30$0
Nov 201980555.302.75$2,214
Oct 201989853.472.42$2,172
Sep 20191,05655.052.66$2,806
Aug 2019053.112.30$0
Jul 20191,07156.272.46$2,635
Jun 201999252.782.49$2,471
May 201996058.482.74$2,631
Apr 201995262.632.75$2,619
Mar 201985556.803.06$2,618
Feb 2019050.852.79$0
Jan 2019046.033.23$0
Dec 2018046.594.19$0
Nov 2018052.934.24$0
Oct 20181,06061.443.40$3,602
Sep 20181,13359.543.11$3,521
Aug 20181,24659.403.07$3,821
Jul 20181,26565.142.93$3,709
Jun 20181,24760.183.08$3,837
May 20181,30465.382.90$3,783
Apr 20181,18263.842.90$3,429
Mar 201826461.222.79$736
Feb 201885461.782.77$2,362
Jan 20181,02662.874.01$4,114
Dec 20171,15857.272.92$3,383
Nov 20171,27455.423.12$3,973
Oct 201766649.292.98$1,987
Sep 201764547.523.09$1,991
Aug 20171,21545.373.00$3,650
Jul 201784543.873.09$2,609
Jun 201713142.493.09$404
May 20178045.373.26$261
Apr 20171,14647.933.21$3,680
Mar 20171,22846.772.98$3,664
Feb 20171,09850.452.95$3,242
Jan 20171,00549.413.42$3,436
Dec 20161,18948.763.72$4,426
Nov 20161,19442.492.64$3,157
Oct 20161,30646.193.09$4,036
Sep 20161,21341.553.10$3,761
Aug 20161,25241.442.92$3,661
Jul 20161,33641.622.92$3,907
Jun 20161,38145.352.69$3,709
May 20161,36542.521.99$2,718
Apr 20161,32036.561.99$2,628
Mar 20161,37933.011.79$2,474
Feb 20161,26226.472.06$2,604
Jan 20161,38827.352.36$3,282
Dec 20151,31332.362.00$2,628
Nov 20151,20738.792.17$2,616
Oct 20151,33443.552.43$3,237
Sep 20151,40742.992.76$3,881
Aug 20151,46040.162.87$4,194
Jul 20151,53248.152.95$4,512
Jun 20151,52256.152.88$4,388
May 201574255.212.96$2,193
Apr 20151,41849.822.71$3,838
Mar 20151,46642.892.93$4,302
Feb 20151,21244.662.98$3,607
Jan 20151,41643.433.10$4,390
Dec 20141,45054.693.59$5,207
Nov 20141,37670.464.25$5,851
Oct 20141,24778.303.90$4,865
Sep 20141,25986.164.05$5,093
Aug 20141,07389.394.04$4,330
Jul 20141,50296.564.18$6,278
Jun 20141,38898.164.74$6,575
May 20141,30094.734.73$6,145
Apr 20141,45295.944.81$6,983
Mar 20141,62295.895.06$8,202
Feb 20141,22997.406.19$7,610
Jan 20141,58590.404.86$7,704
Dec 20131,57191.824.35$6,841
Nov 20131,61388.853.74$6,030
Oct 20131,77497.423.78$6,705
Sep 20131,675104.113.72$6,227
Aug 20131,739104.253.52$6,126
Jul 20131,846102.523.72$6,863
Jun 20131,90394.403.93$7,485
May 20131,13894.834.15$4,722
Apr 20131,69593.964.28$7,259
Mar 20131,67493.623.91$6,550
Feb 20131,53191.233.42$5,236
Jan 20131,67091.603.42$5,711
Dec 20121,79886.773.42$6,149
Nov 20121,84386.953.62$6,681
Oct 20121,89989.383.40$6,456
Sep 20121,92594.672.92$5,618
Aug 20122,04392.662.91$5,941
Jul 20122,10085.133.02$6,344
Jun 20121,98479.822.52$4,998
May 20121,89391.612.49$4,710
Apr 20121,955101.652.00$3,904
Mar 20122,055105.052.22$4,566
Feb 20121,776101.102.57$4,565
Jan 20121,96698.092.73$5,375
Dec 20111,80096.873.24$5,832
Nov 20111,90995.723.31$6,321
Oct 20112,06184.983.65$7,520
Sep 20112,07983.623.99$8,286
Aug 20112,24283.404.15$9,303
Jul 20112,05494.144.52$9,278
Jun 20112,16192.904.64$10,027
May 20112,24698.134.40$9,893
Apr 20111,867105.964.33$8,090
Mar 20112,15896.364.06$8,756
Feb 20111,90685.644.18$7,967
Jan 20112,13986.504.59$9,815
Dec 20102,17185.734.35$9,439
Nov 20102,17880.843.80$8,266
Oct 20102,29078.103.51$8,035
Sep 20102,32372.633.98$9,244
Aug 20102,47373.684.42$10,929
Jul 20102,42372.554.74$11,477
Jun 20102,04070.364.91$10,017
May 20101,66171.124.24$7,035
Apr 20102,24581.694.12$9,255
Mar 20102,39278.394.39$10,498
Feb 20102,17473.585.44$11,832
Jan 20102,31274.365.96$13,789
Dec 20092,36971.445.48$12,991
Nov 20092,42474.593.75$9,094
Oct 20092,56272.544.11$10,530
Sep 20092,45565.543.06$7,524
Aug 20092,57467.423.22$8,284
Jul 20092,69361.133.46$9,330
Jun 20091,69966.163.90$6,618
May 20092,56254.743.93$10,058
Apr 20092,52946.773.59$9,073
Mar 20092,49742.144.06$10,135
Feb 20092,29632.814.63$10,637
Jan 20092,49435.865.37$13,395
Dec 20082,51937.105.98$15,056
Nov 20082,47255.496.86$16,959
Oct 20082,65275.246.92$18,357
Sep 20082,680101.767.88$21,111
Aug 20082,809114.228.48$23,829
Jul 20082,792131.0811.39$31,799
Jun 20082,769131.3313.03$36,087
May 20082,776123.1711.57$32,130
Apr 20082,753110.3110.45$28,782
Mar 20082,776101.909.66$26,827
Feb 20082,60892.538.77$22,874
Jan 20082,76090.388.21$22,648
Dec 20072,72788.337.30$19,912
Nov 20072,68891.677.29$19,600
Oct 20072,94682.856.92$20,392
Sep 20072,97275.846.24$18,558
Aug 20073,17069.066.39$20,250
Jul 20073,26070.906.39$20,825
Jun 20072,55462.007.55$19,279
May 20072,77258.747.85$21,750
Apr 20072,94959.617.81$23,018
Mar 20073,15956.927.30$23,067
Feb 20072,81455.108.22$23,120
Jan 20073,00950.306.73$20,241
Dec 20062,60056.656.92$17,988
Nov 20063,00154.207.62$22,860
Oct 20063,26754.906.01$19,647
Sep 20063,05160.085.04$15,369
Aug 20063,20268.717.34$23,502
Jul 20063,59369.376.34$22,790
Jun 20063,32766.286.38$21,239
May 20063,51466.016.42$22,577
Apr 20063,52364.397.36$25,931
Mar 20063,40856.707.08$24,139
Feb 20063,08857.597.75$23,935
Jan 20063,47160.598.93$31,008
Dec 20053,56054.9413.42$47,759
Nov 200596154.6910.59$10,175
Oct 20054,16158.3413.80$57,404
Sep 20054,34561.4512.08$52,483
Aug 20054,07661.519.80$39,932
Jul 20053,91255.697.84$30,684
Jun 2005052.337.38$0
May 20051,99445.226.65$13,262
Apr 20054,12349.207.36$30,347
Mar 20054,28850.377.15$30,680
Feb 20053,91345.226.31$24,699
Jan 20054,31143.166.32$27,255
Dec 20044,48139.866.75$30,252
Nov 20044,29545.286.33$27,189
Oct 20044,77549.706.52$31,110
Sep 20044,86043.245.28$25,680
Aug 20044,74342.375.55$26,327
Jul 20045,04038.286.08$30,664
Jun 20044,87336.106.43$31,348
May 20044,09537.486.49$26,595
Apr 20044,49434.475.86$26,328
Mar 20044,70834.365.53$26,036
Feb 20044,49032.455.51$24,738
Jan 20044,99632.036.30$31,473
Dec 20035,38330.266.30$33,922
Nov 20035,71128.804.60$26,243
Oct 20036,06728.174.76$28,877
Sep 20035,84226.314.75$27,746
Aug 20036,75129.765.13$34,631
Jul 20036,89129.415.17$35,632
Jun 20036,56328.565.98$39,266
May 20037,09326.595.97$42,364
Apr 20034,65426.675.41$25,165
Mar 20036,58131.146.10$40,118
Feb 20036,19933.487.93$49,133
Jan 20036,75730.315.58$37,718
Dec 20027,00626.914.85$34,005
Nov 20027,03924.664.14$29,120
Oct 20027,01926.464.23$29,684
Sep 20027,38727.443.64$26,853
Aug 20027,81225.963.16$24,718
Jul 20028,00524.583.06$24,509
Jun 20026,77323.733.34$22,610
May 20028,33724.663.58$29,880
Apr 20027,36323.653.51$25,861
Mar 20027,85922.003.10$24,384
Feb 20027,36218.222.38$17,490
Jan 20027,97317.172.38$18,941
Dec 20018,40316.932.36$19,868
Nov 20018,30018.072.41$19,966
Oct 20019,19619.782.53$23,256
Sep 20019,25024.262.25$20,825
Aug 20019,84324.873.05$30,052
Jul 20019,99823.933.20$31,964
Jun 200110,01524.563.82$38,299
May 200112,52525.524.31$53,949
Apr 20013,46824.685.34$18,503
Mar 2001024.545.38$0
Feb 20013,46127.755.77$19,960
Jan 20015,65827.478.40$47,520
Dec 20005,29526.889.12$48,304
Nov 20004,88932.215.66$27,662
Oct 20004,91631.235.15$25,295
Sep 20005,50431.875.19$28,547
Aug 20005,27629.644.54$23,957
Jul 20005,14228.534.09$21,029
Jun 20004,18329.304.40$18,394
May 20006,04227.263.68$22,233
Apr 20005,70624.513.12$17,780
Mar 20006,14328.422.86$17,567
Feb 20006,05827.622.73$16,517
Jan 20006,46725.272.48$16,041
Dec 19995,83924.282.42$14,152
Nov 19996,37223.192.43$15,509
Oct 19996,23220.982.80$17,473
Sep 19996,21921.752.62$16,287
Aug 19996,86719.262.88$19,747
Jul 19996,91417.892.37$16,403
Jun 19996,36415.942.36$15,032
May 19997,07915.792.32$16,431
Apr 19996,34915.102.21$14,019
Mar 19997,66412.471.84$14,089
Feb 19997,0959.981.82$12,897
Jan 19997,10310.381.90$13,495
Dec 19987,9579.201.77$14,110
Nov 19988,04210.892.19$17,578
Oct 19987,70312.421.97$15,169
Sep 19988,22212.592.08$17,123
Aug 19988,76811.301.91$16,724
Jul 19988,83211.742.24$19,760
Jun 19987,02711.242.24$15,721
May 19987,66112.622.21$16,903
Apr 19987,54713.042.51$18,908
Mar 19988,06812.802.31$18,633
Feb 19988,51313.952.30$19,572
Jan 19988,46314.702.15$18,236
Dec 19979,90916.322.41$23,892
Nov 19977,33218.193.09$22,643
Oct 19973,06019.253.15$9,638
Sep 19973,88517.742.95$11,480
Aug 19975,15917.862.55$13,180
Jul 19975,62917.582.25$12,648
Jun 19975,70017.242.26$12,866
May 19975,17018.972.31$11,935
Apr 19974,93717.882.08$10,283
Mar 19975,50618.951.94$10,677
Feb 19974,25120.492.21$9,377
Jan 19973,19823.483.54$11,320
Dec 19964,53123.32$0
Nov 19964,20121.97$0
Oct 19965,57623.31$0
Sep 19963,59722.22$0
Aug 19964,66420.26$0
Jul 19966,22919.55$0
Jun 19967,20518.73$0
May 19968,15119.43$0
Apr 19966,89321.51$0
Mar 19965,71819.38$0
Feb 19966,21516.98$0
Jan 19967,08117.07$0
Dec 19957,44517.19$0
Nov 19957,87716.00$0
Oct 19959,16415.43$0
Sep 19958,38816.18$0
Aug 19959,99015.92$0
Jul 19959,55215.24$0
Jun 19958,84616.41$0
May 19958,41317.56$0
Apr 19958,21317.73$0
Mar 19958,26116.44$0
Feb 19955,15716.58$0
Jan 19956,80315.92$0
Dec 19948,04315.03$0
Nov 19949,50115.90$0
Oct 199411,36115.58$0
Sep 199410,15015.29$0
Aug 199411,40616.13$0
Jul 199411,63017.56$0
Jun 19949,42917.09$0
May 19947,19215.88$0
Apr 19948,40314.14$0
Mar 199410,59712.46$0
Feb 19949,78712.50$0
Jan 199411,11112.66$0
Dec 199311,07112.33$0
Nov 199312,46414.49$0
Oct 199313,05115.85$0
Sep 199313,03115.03$0
Aug 199314,07615.66$0
Jul 199314,17115.46$0
Jun 199314,08216.79$0
May 199311,22717.68$0
Apr 199312,23618.05$0
Mar 199312,96118.14$0
Feb 199311,65217.90$0
Jan 199311,30216.93$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                  891 Mcf  × $  2.87 =     $2,557

────────────────────────────────────────────────────
Month total                                   $2,557

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/23547 is the state's own key, not one this site invented.