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 23552District 10Field 68831001NGPA filingGasSaveExport
Value, all time
$416 k
Jan 1993 – May 2026
Value, last 12 filed months
$4 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
GasProduction156,461 Mcf$415,995
Total$415,995

52,297 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 35.5666, -101.8087. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.56656, -101.80873 · 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
1,770 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 1,770 ft.

1 well

42-37500388B 501,770 ft

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 20268598.932.87$244
Mar 20267889.753.15$246
Feb 20268363.503.75$311
Jan 20268459.138.00$672
Dec 20257956.664.41$349
Nov 20258058.593.93$314
Oct 20259759.383.30$321
Sep 202513662.743.08$418
Aug 202510863.933.01$326
Jul 20258766.743.32$288
Jun 20258466.483.13$263
May 20258560.553.23$275
Apr 20258562.363.54$301
Mar 20258867.704.27$376
Feb 20256970.884.34$300
Jan 20258674.324.28$368
Dec 20248068.993.12$250
Nov 20247869.052.20$171
Oct 20248471.372.28$192
Sep 20248169.612.36$192
Aug 20248675.632.06$177
Jul 20249179.932.15$195
Jun 20248578.082.63$224
May 20248678.812.20$189
Apr 20248684.451.66$143
Mar 20249080.301.55$139
Feb 20248676.091.78$153
Jan 20248673.023.30$284
Dec 20239171.262.61$238
Nov 202310577.892.81$295
Oct 202315185.443.09$466
Sep 202316289.042.74$443
Aug 202315680.522.67$417
Jul 20232774.852.64$71
Jun 202312468.962.26$280
May 202310270.622.23$227
Apr 20238778.122.24$195
Mar 20238872.852.39$211
Feb 20237675.112.47$187
Jan 20239576.533.39$322
Dec 202213676.415.73$779
Nov 202215185.005.65$853
Oct 202216687.185.86$973
Sep 202215984.888.16$1,298
Aug 202217294.529.13$1,570
Jul 2022157101.587.54$1,184
Jun 2022110115.097.98$877
May 2022103109.378.43$869
Apr 202288104.226.84$602
Mar 202290108.885.08$457
Feb 20228091.054.86$389
Jan 20229181.844.54$413
Dec 20218671.323.90$335
Nov 202110777.435.24$560
Oct 202113579.795.71$771
Sep 202115069.865.35$803
Aug 202115566.024.22$654
Jul 202116270.783.98$645
Jun 202116469.493.38$554
May 202119763.483.02$594
Apr 202110960.362.76$301
Mar 202118661.302.72$505
Feb 20213457.805.55$189
Jan 20219650.412.81$270
Dec 20209744.642.68$260
Nov 202012438.772.71$336
Oct 20208736.972.48$216
Sep 20209337.091.99$185
Aug 20209939.982.39$236
Jul 20209738.371.83$177
Jun 20209334.901.69$157
May 20209216.921.81$167
Apr 20209214.751.80$166
Mar 202010630.341.86$197
Feb 20209349.881.98$184
Jan 202010957.252.09$228
Dec 2019059.012.30$0
Nov 201915855.302.75$435
Oct 201918753.472.42$452
Sep 201920055.052.66$531
Aug 2019053.112.30$0
Jul 201924456.272.46$600
Jun 20195052.782.49$125
May 201914358.482.74$392
Apr 20199562.632.75$261
Mar 201910556.803.06$322
Feb 2019050.852.79$0
Jan 2019046.033.23$0
Dec 2018046.594.19$0
Nov 2018052.934.24$0
Oct 201825461.443.40$863
Sep 201825359.543.11$786
Aug 201827059.403.07$828
Jul 201827465.142.93$803
Jun 201824160.183.08$742
May 201820865.382.90$603
Apr 201822163.842.90$641
Mar 20185361.222.79$148
Feb 201813561.782.77$373
Jan 201829762.874.01$1,191
Dec 201730157.272.92$879
Nov 201730955.423.12$964
Oct 201714849.292.98$442
Sep 201715747.523.09$485
Aug 201720045.373.00$601
Jul 20175243.873.09$161
Jun 201713542.493.09$417
May 201713045.373.26$424
Apr 201711547.933.21$369
Mar 201712146.772.98$361
Feb 201711450.452.95$337
Jan 201716949.413.42$578
Dec 201624148.763.72$897
Nov 201625442.492.64$672
Oct 201626946.193.09$831
Sep 201623241.553.10$719
Aug 20167941.442.92$231
Jul 201613641.622.92$398
Jun 201612945.352.69$346
May 201614142.521.99$281
Apr 201611736.561.99$233
Mar 201612733.011.79$228
Feb 201611226.472.06$231
Jan 201612427.352.36$293
Dec 201512332.362.00$246
Nov 201512538.792.17$271
Oct 201515243.552.43$369
Sep 201516042.992.76$441
Aug 201516940.162.87$485
Jul 201511548.152.95$339
Jun 201515056.152.88$432
May 201514155.212.96$417
Apr 201512549.822.71$338
Mar 201512742.892.93$373
Feb 201511544.662.98$342
Jan 201512743.433.10$394
Dec 201412654.693.59$453
Nov 201412470.464.25$527
Oct 201415178.303.90$589
Sep 201421686.164.05$874
Aug 201412689.394.04$508
Jul 201411796.564.18$489
Jun 201413098.164.74$616
May 201413694.734.73$643
Apr 201413195.944.81$630
Mar 201413395.895.06$673
Feb 201412097.406.19$743
Jan 201413490.404.86$651
Dec 201313291.824.35$575
Nov 201313588.853.74$505
Oct 201314397.423.78$540
Sep 2013140104.113.72$520
Aug 2013152104.253.52$535
Jul 2013206102.523.72$766
Jun 201325294.403.93$991
May 201313494.834.15$556
Apr 201314493.964.28$617
Mar 201314593.623.91$567
Feb 201313291.233.42$451
Jan 201314591.603.42$496
Dec 201215086.773.42$513
Nov 201214686.953.62$529
Oct 201215589.383.40$527
Sep 201215194.672.92$441
Aug 201215892.662.91$459
Jul 201217185.133.02$517
Jun 201218179.822.52$456
May 201216391.612.49$406
Apr 2012191101.652.00$381
Mar 2012153105.052.22$340
Feb 2012122101.102.57$314
Jan 201216098.092.73$437
Dec 201116796.873.24$541
Nov 201116395.723.31$540
Oct 201116884.983.65$613
Sep 201116483.623.99$654
Aug 201117883.404.15$739
Jul 201117994.144.52$809
Jun 201116892.904.64$780
May 201117898.134.40$784
Apr 2011160105.964.33$693
Mar 201116096.364.06$649
Feb 201113585.644.18$564
Jan 201116586.504.59$757
Dec 201017185.734.35$743
Nov 201016380.843.80$619
Oct 201017678.103.51$618
Sep 201017672.633.98$700
Aug 201018473.684.42$813
Jul 201018772.554.74$886
Jun 201020470.364.91$1,002
May 201016971.124.24$716
Apr 201017881.694.12$734
Mar 201018278.394.39$799
Feb 201016673.585.44$903
Jan 201018374.365.96$1,091
Dec 200918971.445.48$1,036
Nov 200918474.593.75$690
Oct 200919472.544.11$797
Sep 200919165.543.06$585
Aug 200920667.423.22$663
Jul 200919961.133.46$689
Jun 200918866.163.90$732
May 200920154.743.93$789
Apr 200920246.773.59$725
Mar 200920642.144.06$836
Feb 200917432.814.63$806
Jan 200920235.865.37$1,085
Dec 200820537.105.98$1,225
Nov 200819655.496.86$1,345
Oct 200820675.246.92$1,426
Sep 2008210101.767.88$1,654
Aug 2008221114.228.48$1,875
Jul 2008228131.0811.39$2,597
Jun 2008223131.3313.03$2,906
May 2008222123.1711.57$2,569
Apr 2008222110.3110.45$2,321
Mar 2008243101.909.66$2,348
Feb 200820192.538.77$1,763
Jan 200822490.388.21$1,838
Dec 200723888.337.30$1,738
Nov 200723291.677.29$1,692
Oct 200724682.856.92$1,703
Sep 200724575.846.24$1,530
Aug 200725669.066.39$1,635
Jul 200726870.906.39$1,712
Jun 200725562.007.55$1,925
May 200721158.747.85$1,656
Apr 200721859.617.81$1,702
Mar 200725356.927.30$1,847
Feb 200719855.108.22$1,627
Jan 200721850.306.73$1,466
Dec 200625456.656.92$1,757
Nov 200626054.207.62$1,981
Oct 200625454.906.01$1,528
Sep 200626360.085.04$1,325
Aug 200628468.717.34$2,085
Jul 200629469.376.34$1,865
Jun 200630966.286.38$1,973
May 200629266.016.42$1,876
Apr 200628064.397.36$2,061
Mar 200630156.707.08$2,132
Feb 200627257.597.75$2,108
Jan 200630260.598.93$2,698
Dec 200531354.9413.42$4,199
Nov 200531454.6910.59$3,325
Oct 200533858.3413.80$4,663
Sep 200535461.4512.08$4,276
Aug 200543061.519.80$4,213
Jul 200544955.697.84$3,522
Jun 2005152.337.38$7
May 200515245.226.65$1,011
Apr 200534849.207.36$2,561
Mar 200541350.377.15$2,955
Feb 200559945.226.31$3,781
Jan 200546243.166.32$2,921
Dec 200415639.866.75$1,053
Nov 200415045.286.33$950
Oct 200419949.706.52$1,297
Sep 200427443.245.28$1,448
Aug 200430042.375.55$1,665
Jul 200425238.286.08$1,533
Jun 200424736.106.43$1,589
May 200441237.486.49$2,676
Apr 200417534.475.86$1,025
Mar 200424734.365.53$1,366
Feb 200420032.455.51$1,102
Jan 200422732.036.30$1,430
Dec 200313730.266.30$863
Nov 200324828.804.60$1,140
Oct 200325728.174.76$1,223
Sep 200325126.314.75$1,192
Aug 200330229.765.13$1,549
Jul 200330429.415.17$1,572
Jun 200329628.565.98$1,771
May 200331026.595.97$1,852
Apr 200337026.675.41$2,001
Mar 200320531.146.10$1,250
Feb 200315433.487.93$1,221
Jan 200328430.315.58$1,585
Dec 200235026.914.85$1,699
Nov 200249224.664.14$2,035
Oct 200255226.464.23$2,334
Sep 200270327.443.64$2,556
Aug 200276425.963.16$2,417
Jul 200271424.583.06$2,186
Jun 200273723.733.34$2,460
May 200250524.663.58$1,810
Apr 200258723.653.51$2,062
Mar 200233922.003.10$1,052
Feb 200239618.222.38$941
Jan 200267417.172.38$1,601
Dec 200161116.932.36$1,445
Nov 200184218.072.41$2,025
Oct 200184619.782.53$2,139
Sep 200178724.262.25$1,772
Aug 200180624.873.05$2,461
Jul 200196123.933.20$3,072
Jun 200185824.563.82$3,281
May 200181425.524.31$3,506
Apr 200183724.685.34$4,466
Mar 200177224.545.38$4,151
Feb 200155227.755.77$3,183
Jan 200164527.478.40$5,417
Dec 200062126.889.12$5,665
Nov 200069232.215.66$3,915
Oct 200081131.235.15$4,173
Sep 200075831.875.19$3,931
Aug 200085429.644.54$3,878
Jul 200082828.534.09$3,386
Jun 200077029.304.40$3,386
May 200095827.263.68$3,525
Apr 200071424.513.12$2,225
Mar 200078828.422.86$2,253
Feb 200068227.622.73$1,859
Jan 200086325.272.48$2,141
Dec 199973724.282.42$1,786
Nov 19991,01423.192.43$2,468
Oct 19991,05320.982.80$2,952
Sep 19991,13021.752.62$2,959
Aug 19991,08619.262.88$3,123
Jul 19991,12317.892.37$2,664
Jun 199995215.942.36$2,249
May 19991,05915.792.32$2,458
Apr 199994915.102.21$2,095
Mar 199972212.471.84$1,327
Feb 19996199.981.82$1,125
Jan 199960510.381.90$1,149
Dec 19987039.201.77$1,247
Nov 199872910.892.19$1,593
Oct 199891412.421.97$1,800
Sep 199891212.592.08$1,899
Aug 199892111.301.91$1,757
Jul 19981,03211.742.24$2,309
Jun 199881111.242.24$1,814
May 199877012.622.21$1,699
Apr 199861913.042.51$1,551
Mar 199854712.802.31$1,263
Feb 199867213.952.30$1,545
Jan 199864614.702.15$1,392
Dec 199775116.322.41$1,811
Nov 199776418.193.09$2,359
Oct 199784919.253.15$2,674
Sep 199796217.742.95$2,843
Aug 19971,09617.862.55$2,800
Jul 19971,06517.582.25$2,393
Jun 19971,06617.242.26$2,406
May 19971,01718.972.31$2,348
Apr 199782117.882.08$1,710
Mar 199774618.951.94$1,447
Feb 199777720.492.21$1,714
Jan 199775123.483.54$2,658
Dec 199680723.32$0
Nov 199686121.97$0
Oct 19961,02423.31$0
Sep 199688322.22$0
Aug 199694020.26$0
Jul 19961,27819.55$0
Jun 19961,14918.73$0
May 19961,14819.43$0
Apr 19961,07521.51$0
Mar 19961,04619.38$0
Feb 199690416.98$0
Jan 199699817.07$0
Dec 19951,10917.19$0
Nov 19951,16416.00$0
Oct 19951,06815.43$0
Sep 199598716.18$0
Aug 199562015.92$0
Jul 199574815.24$0
Jun 19951,15316.41$0
May 19951,11817.56$0
Apr 19951,09317.73$0
Mar 199593916.44$0
Feb 19951,01016.58$0
Jan 19951,07715.92$0
Dec 19941,22615.03$0
Nov 19941,35915.90$0
Oct 19941,47115.58$0
Sep 19941,48315.29$0
Aug 19941,48416.13$0
Jul 19941,45517.56$0
Jun 19941,39517.09$0
May 19941,23015.88$0
Apr 19941,10814.14$0
Mar 19941,03912.46$0
Feb 199487212.50$0
Jan 199494812.66$0
Dec 199396512.33$0
Nov 199376614.49$0
Oct 199374515.85$0
Sep 199371815.03$0
Aug 19931,06815.66$0
Jul 19931,19015.46$0
Jun 19931,40116.79$0
May 1993017.68$0
Apr 199327618.05$0
Mar 19931,52718.14$0
Feb 19932,24817.90$0
Jan 19932,12416.93$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                   85 Mcf  × $  2.87 =       $244

────────────────────────────────────────────────────
Month total                                     $244

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/23552 is the state's own key, not one this site invented.