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 23548District 10Field 68831001GasSave
Value, all time
$22.1 M
Jan 1993 – May 2026
Value, last 12 filed months
$237 k
at the published price for each month
Months reported
401
no gaps in the span
Streams
1
gas

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
GasProduction6,521,044 Mcf$22,055,416
Total$22,055,416

1,498,855 Mcf of this lease's gas, across 47 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 35.6074, -101.8178. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.60739, -101.81775 · 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
Feb 2003
1 of 1 wells

1 well

42-37500324B 46Feb 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 20265,64598.932.87$16,200
Mar 20265,72889.753.15$18,040
Feb 20265,20663.503.75$19,524
Jan 20265,88759.138.00$47,084
Dec 20255,83056.664.41$25,730
Nov 20255,28858.593.93$20,763
Oct 20255,61659.383.30$18,560
Sep 20255,56962.743.08$17,135
Aug 20254,76563.933.01$14,365
Jul 20256,25466.743.32$20,733
Jun 20256,05466.483.13$18,941
May 20256,13560.553.23$19,830
Apr 20255,70562.363.54$20,214
Mar 20254,88267.704.27$20,838
Feb 20255,27770.884.34$22,907
Jan 20255,56274.324.28$23,798
Dec 20245,50368.993.12$17,177
Nov 20245,43269.052.20$11,942
Oct 20245,99271.372.28$13,670
Sep 20245,81969.612.36$13,758
Aug 20246,12675.632.06$12,642
Jul 20246,36079.932.15$13,652
Jun 20246,15678.082.63$16,215
May 20246,27678.812.20$13,797
Apr 20245,94684.451.66$9,866
Mar 20245,99080.301.55$9,255
Feb 20245,24976.091.78$9,362
Jan 20245,75673.023.30$18,981
Dec 20236,02371.262.61$15,724
Nov 20235,92877.892.81$16,643
Oct 20236,06685.443.09$18,727
Sep 20236,30089.042.74$17,231
Aug 20236,97380.522.67$18,638
Jul 20235,71574.852.64$15,098
Jun 20236,62068.962.26$14,951
May 20236,96570.622.23$15,514
Apr 20236,51678.122.24$14,581
Mar 20236,87572.852.39$16,453
Feb 20235,96475.112.47$14,705
Jan 20236,89876.533.39$23,368
Dec 20224,15876.415.73$23,822
Nov 20226,62085.005.65$37,378
Oct 20227,20087.185.86$42,219
Sep 20227,12984.888.16$58,199
Aug 20227,44794.529.13$67,970
Jul 20227,535101.587.54$56,830
Jun 20226,412115.097.98$51,150
May 20227,018109.378.43$59,183
Apr 20226,850104.226.84$46,838
Mar 20226,781108.885.08$34,423
Feb 20226,06691.054.86$29,474
Jan 20226,97281.844.54$31,637
Dec 20216,99771.323.90$27,282
Nov 20216,97677.435.24$36,532
Oct 20217,40479.795.71$42,305
Sep 20217,35469.865.35$39,351
Aug 20217,50266.024.22$31,663
Jul 20217,56770.783.98$30,132
Jun 20217,78269.493.38$26,308
May 20217,37763.483.02$22,261
Apr 20214,20660.362.76$11,602
Mar 20216,21161.302.72$16,875
Feb 20213,76357.805.55$20,877
Jan 20217,50350.412.81$21,085
Dec 20206,88444.642.68$18,418
Nov 20206,17438.772.71$16,710
Oct 20206,89636.972.48$17,091
Sep 20207,45537.091.99$14,843
Aug 20207,54439.982.39$17,993
Jul 20207,92038.371.83$14,455
Jun 20207,76434.901.69$13,124
May 20207,42716.921.81$13,478
Apr 20207,40914.751.80$13,369
Mar 20207,51530.341.86$13,950
Feb 20207,00849.881.98$13,881
Jan 20207,46557.252.09$15,637
Dec 2019059.012.30$0
Nov 20196,97955.302.75$19,197
Oct 20197,48453.472.42$18,100
Sep 20197,66655.052.66$20,371
Aug 2019053.112.30$0
Jul 20198,21656.272.46$20,212
Jun 20198,21452.782.49$20,463
May 20198,33558.482.74$22,841
Apr 20193,90562.632.75$10,741
Mar 20198,31756.803.06$25,467
Feb 2019050.852.79$0
Jan 2019046.033.23$0
Dec 2018046.594.19$0
Nov 2018052.934.24$0
Oct 20188,07061.443.40$27,423
Sep 20187,83059.543.11$24,336
Aug 20188,22759.403.07$25,229
Jul 20188,39965.142.93$24,625
Jun 20188,13060.183.08$25,015
May 20188,51165.382.90$24,689
Apr 20188,68463.842.90$25,191
Mar 20182,54161.222.79$7,081
Feb 20187,72461.782.77$21,366
Jan 20188,54562.874.01$34,260
Dec 20178,64757.272.92$25,262
Nov 20177,20255.423.12$22,458
Oct 20173,69849.292.98$11,034
Sep 20173,30647.523.09$10,207
Aug 20173,43145.373.00$10,308
Jul 20172,05943.873.09$6,357
Jun 20176,18042.493.09$19,079
May 20176,78845.373.26$22,152
Apr 20176,46747.933.21$20,769
Mar 20177,15346.772.98$21,342
Feb 20176,52450.452.95$19,263
Jan 20177,38449.413.42$25,244
Dec 20167,10148.763.72$26,436
Nov 20167,62442.492.64$20,161
Oct 20161,66346.193.09$5,139
Sep 20166,38941.553.10$19,810
Aug 20164,85441.442.92$14,195
Jul 20167,43041.622.92$21,728
Jun 20167,24945.352.69$19,470
May 20167,53742.521.99$15,006
Apr 20167,28236.561.99$14,499
Mar 20166,97133.011.79$12,506
Feb 20166,58026.472.06$13,579
Jan 20167,82927.352.36$18,511
Dec 20157,72732.362.00$15,465
Nov 20156,48138.792.17$14,046
Oct 20157,80243.552.43$18,932
Sep 20157,51842.992.76$20,738
Aug 20157,51340.162.87$21,581
Jul 20157,91748.152.95$23,316
Jun 20157,96856.152.88$22,971
May 20156,31455.212.96$18,661
Apr 20157,96849.822.71$21,566
Mar 20158,46642.892.93$24,845
Feb 20155,99544.662.98$17,842
Jan 20159,59643.433.10$29,754
Dec 20149,92854.693.59$35,655
Nov 20146,02270.464.25$25,605
Oct 20148,05978.303.90$31,438
Sep 20141,38286.164.05$5,591
Aug 20144,71089.394.04$19,005
Jul 20149,55696.564.18$39,940
Jun 20147,41998.164.74$35,143
May 20148,04894.734.73$38,039
Apr 20149,46695.944.81$45,523
Mar 20149,98995.895.06$50,512
Feb 20148,84397.406.19$54,756
Jan 201410,42590.404.86$50,673
Dec 201310,41491.824.35$45,348
Nov 20139,92888.853.74$37,114
Oct 201310,04297.423.78$37,952
Sep 20139,727104.113.72$36,162
Aug 20139,483104.253.52$33,405
Jul 20139,224102.523.72$34,292
Jun 20139,36794.403.93$36,844
May 20137,99294.834.15$33,159
Apr 201310,00493.964.28$42,843
Mar 201310,57093.623.91$41,359
Feb 20138,89291.233.42$30,410
Jan 201310,95991.603.42$37,479
Dec 201211,02886.773.42$37,718
Nov 201210,76886.953.62$39,034
Oct 201211,15789.383.40$37,930
Sep 201210,73394.672.92$31,323
Aug 201211,02592.662.91$32,062
Jul 201211,24185.133.02$33,957
Jun 201210,97979.822.52$27,657
May 20128,72591.612.49$21,711
Apr 201210,452101.652.00$20,871
Mar 201210,814105.052.22$24,030
Feb 20129,910101.102.57$25,471
Jan 201211,39498.092.73$31,152
Dec 201110,67096.873.24$34,568
Nov 201111,31295.723.31$37,457
Oct 201111,86184.983.65$43,275
Sep 201111,53683.623.99$45,980
Aug 201112,50383.404.15$51,879
Jul 201111,32694.144.52$51,162
Jun 201112,23992.904.64$56,787
May 201112,60098.134.40$55,501
Apr 201110,461105.964.33$45,330
Mar 201112,00296.364.06$48,696
Feb 201110,78785.644.18$45,089
Jan 201112,13586.504.59$55,685
Dec 201010,57685.734.35$45,982
Nov 20106,66380.843.80$25,288
Oct 201011,18178.103.51$39,233
Sep 201011,63472.633.98$46,297
Aug 201012,26473.684.42$54,199
Jul 201013,14272.554.74$62,247
Jun 201011,19570.364.91$54,972
May 20109,49671.124.24$40,218
Apr 201013,36581.694.12$55,100
Mar 201013,95878.394.39$61,257
Feb 201012,36973.585.44$67,317
Jan 201012,88674.365.96$76,853
Dec 200913,10171.445.48$71,843
Nov 200913,03574.593.75$48,901
Oct 200912,95972.544.11$53,265
Sep 200912,61265.543.06$38,653
Aug 200912,75567.423.22$41,052
Jul 200912,32461.133.46$42,697
Jun 20098,43566.163.90$32,854
May 200912,55254.743.93$49,276
Apr 200913,27246.773.59$47,613
Mar 200913,34342.144.06$54,159
Feb 200912,54132.814.63$58,102
Jan 200914,12235.865.37$75,849
Dec 200813,27437.105.98$79,341
Nov 200813,65855.496.86$93,699
Oct 200813,41875.246.92$92,879
Sep 200813,295101.767.88$104,726
Aug 200814,111114.228.48$119,704
Jul 200814,387131.0811.39$163,860
Jun 200813,971131.3313.03$182,079
May 200814,256123.1711.57$165,003
Apr 200814,383110.3110.45$150,372
Mar 200815,353101.909.66$148,372
Feb 200814,27592.538.77$125,200
Jan 200815,54890.388.21$127,583
Dec 200715,19488.337.30$110,946
Nov 200714,83291.677.29$108,150
Oct 200715,26882.856.92$105,685
Sep 200715,07375.846.24$94,118
Aug 200715,25869.066.39$97,467
Jul 200716,27470.906.39$103,957
Jun 200715,86962.007.55$119,786
May 200715,50658.747.85$121,664
Apr 200716,43059.617.81$128,239
Mar 200717,76856.927.30$129,741
Feb 200717,09255.108.22$140,428
Jan 200717,31650.306.73$116,482
Dec 200618,12856.656.92$125,417
Nov 200617,44154.207.62$132,856
Oct 200617,95754.906.01$107,990
Sep 200617,24460.085.04$86,861
Aug 200617,97068.717.34$131,898
Jul 200619,58669.376.34$124,229
Jun 200611,19466.286.38$71,461
May 200618,94966.016.42$121,747
Apr 200618,95364.397.36$139,503
Mar 200620,27256.707.08$143,585
Feb 200618,15057.597.75$140,683
Jan 200620,16760.598.93$180,158
Dec 200518,87654.9413.42$253,229
Nov 200519,75754.6910.59$209,195
Oct 200520,90858.3413.80$288,442
Sep 200520,73161.4512.08$250,410
Aug 200521,06361.519.80$206,351
Jul 200513,57055.697.84$106,438
Jun 20055,82252.337.38$42,972
May 200513,05745.226.65$86,844
Apr 200522,17249.207.36$163,197
Mar 200523,24250.377.15$166,294
Feb 200520,14745.226.31$127,166
Jan 200520,99443.166.32$132,728
Dec 200420,31939.866.75$137,175
Nov 200420,26745.286.33$128,299
Oct 200421,45149.706.52$139,755
Sep 200420,95243.245.28$110,708
Aug 200422,10642.375.55$122,703
Jul 200423,23438.286.08$141,360
Jun 200421,64836.106.43$139,262
May 200421,70137.486.49$140,939
Apr 200423,99034.475.86$140,544
Mar 200426,60734.365.53$147,140
Feb 200424,63332.455.51$135,718
Jan 200424,42032.036.30$153,837
Dec 200315,95030.266.30$100,511
Nov 200310,85728.804.60$49,890
Oct 200326,64128.174.76$126,802
Sep 200324,49226.314.75$116,321
Aug 200324,70229.765.13$126,714
Jul 200324,71229.415.17$127,782
Jun 200322,44628.565.98$134,294
May 200327,72026.595.97$165,563
Apr 200324,23726.675.41$131,056
Mar 200326,82831.146.10$163,545
Feb 200310,37633.487.93$82,239
Jan 2003030.315.58$0
Dec 200219,87626.914.85$96,473
Nov 200224,66124.664.14$102,022
Oct 200226,95926.464.23$114,013
Sep 200217,62927.443.64$64,085
Aug 200229,13625.963.16$92,191
Jul 200230,32224.583.06$92,839
Jun 200225,93023.733.34$86,561
May 200227,50524.663.58$98,578
Apr 200226,39023.653.51$92,690
Mar 200229,76522.003.10$92,352
Feb 200228,19418.222.38$66,980
Jan 200229,61717.172.38$70,361
Dec 200130,67016.932.36$72,516
Nov 200128,39418.072.41$68,302
Oct 200131,23519.782.53$78,990
Sep 200130,19724.262.25$67,983
Aug 200132,60324.873.05$99,542
Jul 200134,23823.933.20$109,462
Jun 200129,10224.563.82$111,291
May 200132,08825.524.31$138,213
Apr 200132,57924.685.34$173,819
Mar 200134,13824.545.38$183,541
Feb 200133,14327.755.77$191,138
Jan 200133,54427.478.40$281,728
Dec 200034,04626.889.12$310,585
Nov 200033,30132.215.66$188,417
Oct 200032,63231.235.15$167,908
Sep 200034,66631.875.19$179,795
Aug 200036,83929.644.54$167,277
Jul 200037,86928.534.09$154,875
Jun 200033,63429.304.40$147,897
May 200040,57027.263.68$149,287
Apr 200038,17224.513.12$118,944
Mar 200042,16128.422.86$120,570
Feb 20007,65327.622.73$20,866
Jan 20004,23425.272.48$10,502
Dec 199936,32924.282.42$88,051
Nov 1999023.192.43$0
Oct 1999020.982.80$0
Sep 19992,90521.752.62$7,608
Aug 199942,99519.262.88$123,636
Jul 199944,81617.892.37$106,320
Jun 199944,90315.942.36$106,065
May 199938,18615.792.32$88,630
Apr 199942,35615.102.21$93,524
Mar 199945,61212.471.84$83,850
Feb 199910,8209.981.82$19,668
Jan 1999010.381.90$0
Dec 199809.201.77$0
Nov 1998010.892.19$0
Oct 1998012.421.97$0
Sep 19987,11712.592.08$14,822
Aug 199850,81911.301.91$96,930
Jul 199851,62111.742.24$115,490
Jun 199854,27311.242.24$121,423
May 199851,80212.622.21$114,293
Apr 199853,10213.042.51$133,038
Mar 199851,94512.802.31$119,964
Feb 199857,59213.952.30$132,411
Jan 199835,83014.702.15$77,206
Dec 199716,49916.322.41$39,781
Nov 199719,01018.193.09$58,708
Oct 199717,91019.253.15$56,413
Sep 1997017.742.95$0
Aug 199727,61917.862.55$70,559
Jul 199741,46317.582.25$93,165
Jun 199724,76217.242.26$55,893
May 199725,69918.972.31$59,326
Apr 199729,30317.882.08$61,032
Mar 199725,31218.951.94$49,084
Feb 199727,38620.492.21$60,411
Jan 199734,64423.483.54$122,629
Dec 199631,04023.32$0
Nov 199627,73921.97$0
Oct 199633,52123.31$0
Sep 199627,67822.22$0
Aug 19962,52720.26$0
Jul 19968,72119.55$0
Jun 199614,25518.73$0
May 19966,01819.43$0
Apr 19963,45821.51$0
Mar 199639,92319.38$0
Feb 199627,97416.98$0
Jan 199637,17317.07$0
Dec 199538,63817.19$0
Nov 199548,12516.00$0
Oct 199548,55915.43$0
Sep 199538,46016.18$0
Aug 199528,37015.92$0
Jul 19956,06015.24$0
Jun 1995016.41$0
May 19953,10217.56$0
Apr 199513,77817.73$0
Mar 19955516.44$0
Feb 199528,51716.58$0
Jan 199549,27615.92$0
Dec 199455,81515.03$0
Nov 199440,40715.90$0
Oct 199467,61315.58$0
Sep 199465,80715.29$0
Aug 199462,96616.13$0
Jul 199418,31217.56$0
Jun 19941,94517.09$0
May 199445,47115.88$0
Apr 199466,00814.14$0
Mar 199478,63212.46$0
Feb 199472,65812.50$0
Jan 199455,04412.66$0
Dec 199382,53112.33$0
Nov 199354,27614.49$0
Oct 199332,56615.85$0
Sep 199328,30915.03$0
Aug 19933,98215.66$0
Jul 199316,91815.46$0
Jun 19931,48616.79$0
May 19931,09017.68$0
Apr 19932,03518.05$0
Mar 199320,40818.14$0
Feb 199330,79417.90$0
Jan 199330,81516.93$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                5,645 Mcf  × $  2.87 =    $16,200

────────────────────────────────────────────────────
Month total                                  $16,200

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/23548 is the state's own key, not one this site invented.