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 23550District 10Field 68831001GasSaveExport
Value, all time
$3.1 M
Jan 1993 – May 2026
Value, last 12 filed months
$36 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
GasProduction1,005,841 Mcf$3,124,594
Total$3,124,594

280,516 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 35.5899, -101.7939. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.58994, -101.79389 · 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
Jan 2004
1 of 1 wells

1 well

42-37500205B 48Jan 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 202685898.932.87$2,462
Mar 202688889.753.15$2,797
Feb 202673263.503.75$2,745
Jan 202686859.138.00$6,942
Dec 202587856.664.41$3,875
Nov 202585958.593.93$3,373
Oct 202590759.383.30$2,997
Sep 202589962.743.08$2,766
Aug 202572663.933.01$2,189
Jul 202591966.743.32$3,047
Jun 202585466.483.13$2,672
May 202591260.553.23$2,948
Apr 202590562.363.54$3,207
Mar 202594767.704.27$4,042
Feb 202581570.884.34$3,538
Jan 202581574.324.28$3,487
Dec 202490268.993.12$2,815
Nov 202488269.052.20$1,939
Oct 202491471.372.28$2,085
Sep 202489069.612.36$2,104
Aug 202491375.632.06$1,884
Jul 202494779.932.15$2,033
Jun 202491978.082.63$2,421
May 202492578.812.20$2,034
Apr 202489184.451.66$1,478
Mar 202491180.301.55$1,408
Feb 202485076.091.78$1,516
Jan 202490473.023.30$2,981
Dec 202393271.262.61$2,433
Nov 202397877.892.81$2,746
Oct 20231,02685.443.09$3,168
Sep 20231,00089.042.74$2,735
Aug 202398780.522.67$2,638
Jul 20231,62674.852.64$4,296
Jun 202397168.962.26$2,193
May 202389470.622.23$1,991
Apr 20231,00578.122.24$2,249
Mar 20231,03472.852.39$2,475
Feb 202385775.112.47$2,113
Jan 20231,00976.533.39$3,418
Dec 20221,01676.415.73$5,821
Nov 20221,01085.005.65$5,703
Oct 20221,07387.185.86$6,292
Sep 20221,00184.888.16$8,172
Aug 20221,06694.529.13$9,730
Jul 2022965101.587.54$7,278
Jun 2022881115.097.98$7,028
May 2022927109.378.43$7,817
Apr 2022841104.226.84$5,750
Mar 2022938108.885.08$4,762
Feb 202269491.054.86$3,372
Jan 202292181.844.54$4,179
Dec 202199771.323.90$3,887
Nov 202197177.435.24$5,085
Oct 20211,01879.795.71$5,817
Sep 20211,00569.865.35$5,378
Aug 20211,05366.024.22$4,444
Jul 20211,06170.783.98$4,225
Jun 20211,03769.493.38$3,506
May 20211,13063.483.02$3,410
Apr 202154660.362.76$1,506
Mar 202184661.302.72$2,299
Feb 202144857.805.55$2,485
Jan 202188550.412.81$2,487
Dec 202090544.642.68$2,421
Nov 202085338.772.71$2,309
Oct 202093536.972.48$2,317
Sep 20201,00537.091.99$2,001
Aug 20201,00939.982.39$2,407
Jul 202093038.371.83$1,697
Jun 202094434.901.69$1,596
May 20201,00916.921.81$1,831
Apr 202097214.751.80$1,754
Mar 202099130.341.86$1,840
Feb 202093849.881.98$1,858
Jan 20201,01057.252.09$2,116
Dec 2019059.012.30$0
Nov 201999955.302.75$2,748
Oct 20191,05053.472.42$2,539
Sep 20191,03255.052.66$2,742
Aug 2019053.112.30$0
Jul 20191,13756.272.46$2,797
Jun 20191,12352.782.49$2,798
May 20191,24058.482.74$3,398
Apr 201951162.632.75$1,406
Mar 201990956.803.06$2,783
Feb 2019050.852.79$0
Jan 2019046.033.23$0
Dec 2018046.594.19$0
Nov 2018052.934.24$0
Oct 20181,13961.443.40$3,870
Sep 20181,14959.543.11$3,571
Aug 20181,29159.403.07$3,959
Jul 20181,29765.142.93$3,803
Jun 20181,24560.183.08$3,831
May 20181,21265.382.90$3,516
Apr 20181,23663.842.90$3,585
Mar 201833061.222.79$920
Feb 20181,05161.782.77$2,907
Jan 20181,18762.874.01$4,759
Dec 20171,20557.272.92$3,520
Nov 20171,27955.423.12$3,988
Oct 201762549.292.98$1,865
Sep 201768247.523.09$2,106
Aug 201773845.373.00$2,217
Jul 201733443.873.09$1,031
Jun 201796142.493.09$2,967
May 20171,11245.373.26$3,629
Apr 20171,07447.933.21$3,449
Mar 20171,14946.772.98$3,428
Feb 20171,02350.452.95$3,021
Jan 20171,12249.413.42$3,836
Dec 20161,22548.763.72$4,560
Nov 20161,04242.492.64$2,755
Oct 20161,17746.193.09$3,637
Sep 201691441.553.10$2,834
Aug 201674341.442.92$2,173
Jul 20161,10541.622.92$3,231
Jun 20161,06545.352.69$2,860
May 20161,05842.521.99$2,107
Apr 20161,11936.561.99$2,228
Mar 20161,11033.011.79$1,991
Feb 20161,19626.472.06$2,468
Jan 20161,26127.352.36$2,981
Dec 20151,34332.362.00$2,688
Nov 20151,24438.792.17$2,696
Oct 20151,35743.552.43$3,293
Sep 20151,21342.992.76$3,346
Aug 20151,11340.162.87$3,197
Jul 20151,30348.152.95$3,837
Jun 20151,25956.152.88$3,630
May 20151,03055.212.96$3,044
Apr 20151,33249.822.71$3,605
Mar 20151,36042.892.93$3,991
Feb 20151,12644.662.98$3,351
Jan 20151,32243.433.10$4,099
Dec 20141,39454.693.59$5,006
Nov 20141,36370.464.25$5,795
Oct 20141,47978.303.90$5,770
Sep 20141,30686.164.05$5,283
Aug 201484889.394.04$3,422
Jul 20141,46196.564.18$6,106
Jun 20141,40698.164.74$6,660
May 20141,48294.734.73$7,005
Apr 20141,49095.944.81$7,166
Mar 20141,56795.895.06$7,924
Feb 20141,22797.406.19$7,598
Jan 20141,55190.404.86$7,539
Dec 20131,49091.824.35$6,488
Nov 20131,45788.853.74$5,447
Oct 20131,63997.423.78$6,194
Sep 20131,608104.113.72$5,978
Aug 20131,667104.253.52$5,872
Jul 20131,643102.523.72$6,108
Jun 20131,67194.403.93$6,573
May 20131,43794.834.15$5,962
Apr 20131,64293.964.28$7,032
Mar 20131,74293.623.91$6,816
Feb 20131,39191.233.42$4,757
Jan 20131,62991.603.42$5,571
Dec 20121,61486.773.42$5,520
Nov 20121,61086.953.62$5,836
Oct 20121,41489.383.40$4,807
Sep 20121,48994.672.92$4,346
Aug 20121,56792.662.91$4,557
Jul 20121,40385.133.02$4,238
Jun 20121,67279.822.52$4,212
May 20121,42191.612.49$3,536
Apr 20121,513101.652.00$3,021
Mar 20121,495105.052.22$3,322
Feb 20121,358101.102.57$3,490
Jan 20121,38898.092.73$3,795
Dec 20111,42196.873.24$4,604
Nov 20111,57995.723.31$5,229
Oct 20111,71484.983.65$6,254
Sep 20111,63383.623.99$6,509
Aug 20111,86983.404.15$7,755
Jul 20111,75394.144.52$7,919
Jun 20111,90792.904.64$8,848
May 20111,59698.134.40$7,030
Apr 20111,845105.964.33$7,995
Mar 20111,92996.364.06$7,827
Feb 20111,46485.644.18$6,119
Jan 20111,66486.504.59$7,636
Dec 20101,79385.734.35$7,796
Nov 20101,70080.843.80$6,452
Oct 20101,96478.103.51$6,891
Sep 20101,96572.633.98$7,820
Aug 20102,11473.684.42$9,343
Jul 20101,63072.554.74$7,720
Jun 20101,97270.364.91$9,683
May 20101,97071.124.24$8,343
Apr 20101,87681.694.12$7,734
Mar 20101,81078.394.39$7,943
Feb 20101,74373.585.44$9,486
Jan 20101,85874.365.96$11,081
Dec 20092,10671.445.48$11,549
Nov 20091,72274.593.75$6,460
Oct 20092,00672.544.11$8,245
Sep 20092,02665.543.06$6,209
Aug 20092,18067.423.22$7,016
Jul 20092,18061.133.46$7,553
Jun 20092,13966.163.90$8,331
May 20092,15954.743.93$8,476
Apr 20092,02746.773.59$7,272
Mar 20092,18542.144.06$8,869
Feb 20092,13132.814.63$9,873
Jan 20092,29335.865.37$12,316
Dec 20082,17337.105.98$12,988
Nov 20082,31755.496.86$15,895
Oct 20082,31175.246.92$15,997
Sep 20082,898101.767.88$22,828
Aug 20083,074114.228.48$26,077
Jul 20083,006131.0811.39$34,237
Jun 20083,061131.3313.03$39,893
May 20082,908123.1711.57$33,658
Apr 20083,002110.3110.45$31,385
Mar 20083,057101.909.66$29,543
Feb 20083,01592.538.77$26,443
Jan 20082,80790.388.21$23,033
Dec 20073,03488.337.30$22,154
Nov 20072,85091.677.29$20,781
Oct 20072,84382.856.92$19,679
Sep 200775375.846.24$4,702
Aug 20071,66669.066.39$10,642
Jul 20071,65370.906.39$10,559
Jun 20071,70362.007.55$12,855
May 20071,84858.747.85$14,500
Apr 20071,58959.617.81$12,402
Mar 20071,06456.927.30$7,769
Feb 20071,20055.108.22$9,859
Jan 20072,16750.306.73$14,577
Dec 20061,91356.656.92$13,235
Nov 20061,81154.207.62$13,795
Oct 20061,68454.906.01$10,127
Sep 20061,79960.085.04$9,062
Aug 20062,22968.717.34$16,361
Jul 20063,00669.376.34$19,066
Jun 20062,43266.286.38$15,526
May 20062,46666.016.42$15,844
Apr 20062,46564.397.36$18,144
Mar 20062,63256.707.08$18,642
Feb 20061,91757.597.75$14,859
Jan 20062,70960.598.93$24,200
Dec 20052,61354.9413.42$35,054
Nov 20052,73354.6910.59$28,938
Oct 20052,93258.3413.80$40,449
Sep 20052,77461.4512.08$33,507
Aug 20052,72961.519.80$26,736
Jul 20052,62955.697.84$20,621
Jun 20052,80452.337.38$20,696
May 20051,82045.226.65$12,105
Apr 20052,86749.207.36$21,103
Mar 20053,10850.377.15$22,237
Feb 20052,84645.226.31$17,964
Jan 20052,80943.166.32$17,759
Dec 20042,87839.866.75$19,430
Nov 20042,61545.286.33$16,554
Oct 20042,48949.706.52$16,216
Sep 20042,35243.245.28$12,428
Aug 20043,69442.375.55$20,504
Jul 20043,91338.286.08$23,807
Jun 20043,50636.106.43$22,554
May 20043,50937.486.49$22,789
Apr 20043,61234.475.86$21,161
Mar 20043,82734.365.53$21,164
Feb 20044,00032.455.51$22,038
Jan 20044,36432.036.30$27,492
Dec 2003030.266.30$0
Nov 2003028.804.60$0
Oct 2003028.174.76$0
Sep 20031,16326.314.75$5,524
Aug 20032,58629.765.13$13,265
Jul 20032,77229.415.17$14,334
Jun 20032,40528.565.98$14,389
May 20032,74626.595.97$16,401
Apr 20032,48726.675.41$13,448
Mar 20032,72931.146.10$16,636
Feb 20032,44933.487.93$19,410
Jan 20032,78830.315.58$15,563
Dec 20022,66126.914.85$12,916
Nov 20022,68424.664.14$11,104
Oct 20022,86026.464.23$12,095
Sep 20022,84627.443.64$10,346
Aug 20023,01725.963.16$9,546
Jul 20023,05124.583.06$9,341
Jun 20022,65423.733.34$8,860
May 20023,04124.663.58$10,899
Apr 20022,99023.653.51$10,502
Mar 20023,01722.003.10$9,361
Feb 20022,81618.222.38$6,690
Jan 20023,43317.172.38$8,156
Dec 20013,35816.932.36$7,940
Nov 20013,35018.072.41$8,058
Oct 20013,38119.782.53$8,550
Sep 20013,56324.262.25$8,021
Aug 20013,11324.873.05$9,504
Jul 20012,71523.933.20$8,680
Jun 20012,80724.563.82$10,734
May 20013,31225.524.31$14,266
Apr 20013,07924.685.34$16,427
Mar 20013,35024.545.38$18,011
Feb 20013,47027.755.77$20,012
Jan 20013,43627.478.40$28,858
Dec 20003,52626.889.12$32,166
Nov 20003,44232.215.66$19,475
Oct 20004,07131.235.15$20,947
Sep 20004,60531.875.19$23,884
Aug 200098629.644.54$4,477
Jul 20001,78628.534.09$7,304
Jun 20003,57129.304.40$15,703
May 20003,57627.263.68$13,159
Apr 20003,52724.513.12$10,990
Mar 20003,59428.422.86$10,278
Feb 20003,88927.622.73$10,603
Jan 20004,22325.272.48$10,475
Dec 19993,93324.282.42$9,532
Nov 19993,46023.192.43$8,422
Oct 19993,59220.982.80$10,071
Sep 19994,20021.752.62$10,999
Aug 19994,19619.262.88$12,066
Jul 19994,42017.892.37$10,486
Jun 19994,20415.942.36$9,930
May 19994,37315.792.32$10,150
Apr 19994,06215.102.21$8,969
Mar 19994,68112.471.84$8,605
Feb 19994,5919.981.82$8,345
Jan 19994,47510.381.90$8,502
Dec 19984,7509.201.77$8,423
Nov 19984,85010.892.19$10,601
Oct 19984,68612.421.97$9,228
Sep 19984,95112.592.08$10,311
Aug 19985,14411.301.91$9,811
Jul 19985,53411.742.24$12,381
Jun 19985,07611.242.24$11,356
May 19985,13012.622.21$11,319
Apr 19985,23513.042.51$13,115
Mar 19985,44812.802.31$12,582
Feb 19985,19113.952.30$11,935
Jan 19985,92214.702.15$12,761
Dec 19974,85916.322.41$11,716
Nov 19975,48118.193.09$16,927
Oct 19975,37919.253.15$16,943
Sep 19975,77817.742.95$17,073
Aug 19975,92717.862.55$15,142
Jul 19975,70617.582.25$12,821
Jun 19975,55117.242.26$12,530
May 19975,88618.972.31$13,588
Apr 19976,00317.882.08$12,503
Mar 19976,01618.951.94$11,666
Feb 19975,88620.492.21$12,984
Jan 19976,64323.483.54$23,514
Dec 19966,37323.32$0
Nov 19965,71421.97$0
Oct 19967,41623.31$0
Sep 19966,40322.22$0
Aug 19967,20920.26$0
Jul 19965,64719.55$0
Jun 19965,40818.73$0
May 19964,49719.43$0
Apr 19964,92321.51$0
Mar 19964,20419.38$0
Feb 19963,59316.98$0
Jan 19964,00617.07$0
Dec 19954,19117.19$0
Nov 19954,39016.00$0
Oct 19954,80615.43$0
Sep 19954,38716.18$0
Aug 19955,13115.92$0
Jul 19954,86315.24$0
Jun 19955,26316.41$0
May 19954,40217.56$0
Apr 19955,12817.73$0
Mar 19955,17816.44$0
Feb 19954,36916.58$0
Jan 19953,94315.92$0
Dec 19944,80515.03$0
Nov 19945,52815.90$0
Oct 19945,90615.58$0
Sep 19945,77715.29$0
Aug 19945,75416.13$0
Jul 19946,09317.56$0
Jun 19946,36517.09$0
May 19944,97615.88$0
Apr 19945,46714.14$0
Mar 19946,45612.46$0
Feb 19945,44412.50$0
Jan 19946,98912.66$0
Dec 19936,60012.33$0
Nov 19936,83514.49$0
Oct 19937,18915.85$0
Sep 19936,99315.03$0
Aug 19938,23515.66$0
Jul 19937,44215.46$0
Jun 19936,58016.79$0
May 19937,91217.68$0
Apr 19937,72818.05$0
Mar 19937,77018.14$0
Feb 19937,46017.90$0
Jan 19938,76816.93$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                  858 Mcf  × $  2.87 =     $2,462

────────────────────────────────────────────────────
Month total                                   $2,462

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/23550 is the state's own key, not one this site invented.