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 23553District 10Field 68831001GasSaveExport
Value, all time
$2.4 M
Jan 1993 – May 2026
Value, last 12 filed months
$29 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
GasProduction794,190 Mcf$2,418,274
Total$2,418,274

232,823 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 35.5402, -101.7992. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.54018, -101.79920 · 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
1,646 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 1,646 ft.

Completions filed
Sep 2004
1 of 1 wells

1 well

42-37500168B 511,646 ftSep 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 202673598.932.87$2,109
Mar 202673389.753.15$2,309
Feb 202655763.503.75$2,089
Jan 202661159.138.00$4,887
Dec 202566556.664.41$2,935
Nov 202568858.593.93$2,701
Oct 202573159.383.30$2,416
Sep 202572362.743.08$2,225
Aug 202573363.933.01$2,210
Jul 202573066.743.32$2,420
Jun 202572366.483.13$2,262
May 202576760.553.23$2,479
Apr 202574962.363.54$2,654
Mar 202563367.704.27$2,702
Feb 202550070.884.34$2,170
Jan 202562674.324.28$2,678
Dec 202467968.993.12$2,119
Nov 202469369.052.20$1,524
Oct 202473971.372.28$1,686
Sep 202471569.612.36$1,691
Aug 202474175.632.06$1,529
Jul 202476479.932.15$1,640
Jun 202470678.082.63$1,860
May 202478178.812.20$1,717
Apr 202473884.451.66$1,224
Mar 202475780.301.55$1,170
Feb 202467476.091.78$1,202
Jan 202472273.023.30$2,381
Dec 202373871.262.61$1,927
Nov 202376377.892.81$2,142
Oct 202380385.443.09$2,479
Sep 202378389.042.74$2,142
Aug 202381580.522.67$2,178
Jul 20231,41874.852.64$3,746
Jun 202379068.962.26$1,784
May 202385770.622.23$1,909
Apr 202380778.122.24$1,806
Mar 202381072.852.39$1,938
Feb 202376975.112.47$1,896
Jan 202376876.533.39$2,602
Dec 202262876.415.73$3,598
Nov 202267385.005.65$3,800
Oct 202272987.185.86$4,275
Sep 202270484.888.16$5,747
Aug 202276194.529.13$6,946
Jul 2022681101.587.54$5,136
Jun 2022533115.097.98$4,252
May 2022550109.378.43$4,638
Apr 2022727104.226.84$4,971
Mar 2022733108.885.08$3,721
Feb 202274091.054.86$3,596
Jan 202236381.844.54$1,647
Dec 202166571.323.90$2,593
Nov 202167177.435.24$3,514
Oct 202170979.795.71$4,051
Sep 202171569.865.35$3,826
Aug 202173566.024.22$3,102
Jul 202178970.783.98$3,142
Jun 202186369.493.38$2,917
May 20211,27563.483.02$3,848
Apr 202152160.362.76$1,437
Mar 202198561.302.72$2,676
Feb 202146057.805.55$2,552
Jan 202189650.412.81$2,518
Dec 202094444.642.68$2,526
Nov 202087238.772.71$2,360
Oct 202089736.972.48$2,223
Sep 202095637.091.99$1,903
Aug 202097439.982.39$2,323
Jul 202099338.371.83$1,812
Jun 202097534.901.69$1,648
May 202097516.921.81$1,769
Apr 202088114.751.80$1,590
Mar 202092630.341.86$1,719
Feb 202086149.881.98$1,705
Jan 202087757.252.09$1,837
Dec 2019059.012.30$0
Nov 201990355.302.75$2,484
Oct 201997553.472.42$2,358
Sep 201996555.052.66$2,564
Aug 2019053.112.30$0
Jul 201998156.272.46$2,413
Jun 20191,03952.782.49$2,588
May 20191,19658.482.74$3,277
Apr 201970862.632.75$1,948
Mar 201994856.803.06$2,903
Feb 2019050.852.79$0
Jan 2019046.033.23$0
Dec 2018046.594.19$0
Nov 2018052.934.24$0
Oct 20181,03161.443.40$3,503
Sep 20181,05059.543.11$3,263
Aug 20181,09959.403.07$3,370
Jul 20181,18365.142.93$3,468
Jun 20181,35460.183.08$4,166
May 201870565.382.90$2,045
Apr 20181,34763.842.90$3,907
Mar 201821061.222.79$585
Feb 201888661.782.77$2,451
Jan 20181,05962.874.01$4,246
Dec 20171,21757.272.92$3,555
Nov 20171,42355.423.12$4,437
Oct 201788049.292.98$2,626
Sep 201774647.523.09$2,303
Aug 201755245.373.00$1,658
Jul 201743443.873.09$1,340
Jun 201783342.493.09$2,572
May 20171,09845.373.26$3,583
Apr 201799847.933.21$3,205
Mar 20171,02746.772.98$3,064
Feb 201792450.452.95$2,728
Jan 20171,03949.413.42$3,552
Dec 20161,01848.763.72$3,790
Nov 20161,08942.492.64$2,880
Oct 20161,21346.193.09$3,748
Sep 201679641.553.10$2,468
Aug 20161,01141.442.92$2,957
Jul 20161,11641.622.92$3,264
Jun 20161,06145.352.69$2,850
May 20161,06542.521.99$2,120
Apr 20161,06236.561.99$2,114
Mar 20161,11533.011.79$2,000
Feb 20161,02526.472.06$2,115
Jan 20161,05627.352.36$2,497
Dec 20151,12332.362.00$2,248
Nov 20151,13538.792.17$2,460
Oct 20151,24443.552.43$3,019
Sep 20151,36142.992.76$3,754
Aug 201583940.162.87$2,410
Jul 201580048.152.95$2,356
Jun 20151,16356.152.88$3,353
May 201592255.212.96$2,725
Apr 20151,14449.822.71$3,096
Mar 20151,09142.892.93$3,202
Feb 201588844.662.98$2,643
Jan 20151,05643.433.10$3,274
Dec 20141,13054.693.59$4,058
Nov 20141,10470.464.25$4,694
Oct 20141,18278.303.90$4,611
Sep 20141,24786.164.05$5,045
Aug 201486289.394.04$3,478
Jul 20141,02596.564.18$4,284
Jun 20141,15698.164.74$5,476
May 20141,16494.734.73$5,502
Apr 20141,10595.944.81$5,314
Mar 20141,12495.895.06$5,684
Feb 201492997.406.19$5,752
Jan 20141,06690.404.86$5,182
Dec 20131,14091.824.35$4,964
Nov 20131,13888.853.74$4,254
Oct 20131,20597.423.78$4,554
Sep 20131,166104.113.72$4,335
Aug 20131,246104.253.52$4,389
Jul 20131,279102.523.72$4,755
Jun 20131,29794.403.93$5,102
May 201367594.834.15$2,801
Apr 20131,13693.964.28$4,865
Mar 20131,13493.623.91$4,437
Feb 201399191.233.42$3,389
Jan 20131,16191.603.42$3,971
Dec 20121,22186.773.42$4,176
Nov 20121,18986.953.62$4,310
Oct 20121,24089.383.40$4,216
Sep 20121,21094.672.92$3,531
Aug 20121,28092.662.91$3,722
Jul 20121,31785.133.02$3,978
Jun 20121,33479.822.52$3,360
May 20121,05791.612.49$2,630
Apr 20121,229101.652.00$2,454
Mar 20121,280105.052.22$2,844
Feb 20121,228101.102.57$3,156
Jan 20121,22298.092.73$3,341
Dec 20111,26396.873.24$4,092
Nov 20111,22795.723.31$4,063
Oct 20111,28684.983.65$4,692
Sep 20111,26183.623.99$5,026
Aug 20111,31283.404.15$5,444
Jul 20111,18894.144.52$5,366
Jun 20111,24492.904.64$5,772
May 20111,29098.134.40$5,682
Apr 20111,252105.964.33$5,425
Mar 20111,39496.364.06$5,656
Feb 20111,14585.644.18$4,786
Jan 20111,27386.504.59$5,842
Dec 20101,30685.734.35$5,678
Nov 20101,23980.843.80$4,702
Oct 20101,33078.103.51$4,667
Sep 20101,29972.633.98$5,169
Aug 20101,34573.684.42$5,944
Jul 20101,35172.554.74$6,399
Jun 20101,48370.364.91$7,282
May 20101,04971.124.24$4,443
Apr 20101,22181.694.12$5,034
Mar 20101,26078.394.39$5,530
Feb 20101,20773.585.44$6,569
Jan 20101,31674.365.96$7,849
Dec 20091,31371.445.48$7,200
Nov 20091,18774.593.75$4,453
Oct 20091,22272.544.11$5,023
Sep 20091,37965.543.06$4,226
Aug 20091,42567.423.22$4,586
Jul 20091,52461.133.46$5,280
Jun 20091,28666.163.90$5,009
May 20091,47454.743.93$5,787
Apr 20091,42046.773.59$5,094
Mar 20091,47542.144.06$5,987
Feb 20091,33432.814.63$6,180
Jan 20091,46735.865.37$7,879
Dec 20081,42437.105.98$8,511
Nov 20081,45555.496.86$9,982
Oct 20081,45675.246.92$10,078
Sep 20081,498101.767.88$11,800
Aug 20081,558114.228.48$13,217
Jul 20081,570131.0811.39$17,881
Jun 20081,423131.3313.03$18,545
May 20081,571123.1711.57$18,183
Apr 20081,574110.3110.45$16,456
Mar 20081,624101.909.66$15,694
Feb 20081,58692.538.77$13,910
Jan 20081,85090.388.21$15,181
Dec 20071,80188.337.30$13,151
Nov 20071,77791.677.29$12,957
Oct 20072,04682.856.92$14,162
Sep 20071,82575.846.24$11,396
Aug 20072,07069.066.39$13,223
Jul 20072,18070.906.39$13,926
Jun 20072,24362.007.55$16,931
May 20072,20758.747.85$17,317
Apr 20072,21359.617.81$17,273
Mar 20072,45556.927.30$17,926
Feb 20072,55455.108.22$20,984
Jan 20071,69950.306.73$11,429
Dec 20062,21656.656.92$15,331
Nov 20062,27054.207.62$17,292
Oct 20062,52854.906.01$15,203
Sep 20062,46760.085.04$12,427
Aug 20062,59868.717.34$19,069
Jul 20062,71669.376.34$17,227
Jun 20062,42566.286.38$15,481
May 200699166.016.42$6,367
Apr 20062,06664.397.36$15,207
Mar 20062,24056.707.08$15,866
Feb 20062,14457.597.75$16,618
Jan 20061,43660.598.93$12,828
Dec 20051,79954.9413.42$24,134
Nov 20051,67554.6910.59$17,736
Oct 20052,00258.3413.80$27,619
Sep 20051,99061.4512.08$24,037
Aug 20052,07261.519.80$20,299
Jul 20052,38155.697.84$18,676
Jun 20052,40152.337.38$17,722
May 20051,02745.226.65$6,831
Apr 20052,18249.207.36$16,061
Mar 20052,25250.377.15$16,113
Feb 20052,20645.226.31$13,924
Jan 20052,63343.166.32$16,646
Dec 20042,70739.866.75$18,275
Nov 20043,42645.286.33$21,688
Oct 20044,94449.706.52$32,211
Sep 20042,22343.245.28$11,746
Aug 2004042.375.55$0
Jul 2004038.286.08$0
Jun 20041,51836.106.43$9,765
May 20041,91337.486.49$12,424
Apr 20042,10434.475.86$12,326
Mar 20042,21134.365.53$12,227
Feb 20041,93032.455.51$10,634
Jan 20041,92132.036.30$12,102
Dec 20031,99030.266.30$12,540
Nov 20032,05928.804.60$9,461
Oct 20032,22728.174.76$10,600
Sep 20032,20126.314.75$10,453
Aug 20032,31229.765.13$11,860
Jul 20032,19329.415.17$11,340
Jun 20031,89228.565.98$11,320
May 20031,97226.595.97$11,778
Apr 20032,17526.675.41$11,761
Mar 20032,38031.146.10$14,509
Feb 20032,05233.487.93$16,264
Jan 20032,37730.315.58$13,269
Dec 20022,38726.914.85$11,586
Nov 20022,37424.664.14$9,821
Oct 20022,50826.464.23$10,607
Sep 20022,50327.443.64$9,099
Aug 20022,77625.963.16$8,784
Jul 20022,33124.583.06$7,137
Jun 20022,29723.733.34$7,668
May 20022,12524.663.58$7,616
Apr 20022,58223.653.51$9,069
Mar 20022,54222.003.10$7,887
Feb 20022,25318.222.38$5,352
Jan 20022,48017.172.38$5,892
Dec 20012,71116.932.36$6,410
Nov 20012,56718.072.41$6,175
Oct 20012,84719.782.53$7,200
Sep 20013,11324.262.25$7,008
Aug 20011,98124.873.05$6,048
Jul 20013,02923.933.20$9,684
Jun 20012,55524.563.82$9,771
May 20012,91525.524.31$12,556
Apr 20012,82724.685.34$15,083
Mar 20013,18524.545.38$17,124
Feb 20012,05927.755.77$11,874
Jan 20012,78927.478.40$23,424
Dec 20002,86426.889.12$26,127
Nov 20002,37332.215.66$13,426
Oct 20002,56031.235.15$13,172
Sep 20003,07431.875.19$15,943
Aug 20003,21629.644.54$14,603
Jul 20003,06528.534.09$12,535
Jun 20002,56529.304.40$11,279
May 20003,49127.263.68$12,846
Apr 20002,92024.513.12$9,099
Mar 20002,86228.422.86$8,185
Feb 20003,01127.622.73$8,209
Jan 20002,41025.272.48$5,978
Dec 19993,08824.282.42$7,484
Nov 19993,15923.192.43$7,689
Oct 19993,12620.982.80$8,764
Sep 19993,15021.752.62$8,249
Aug 19993,54419.262.88$10,191
Jul 19993,30117.892.37$7,831
Jun 19993,26515.942.36$7,712
May 19993,37215.792.32$7,826
Apr 19993,37015.102.21$7,441
Mar 19992,86612.471.84$5,269
Feb 19993,0469.981.82$5,537
Jan 1999010.381.90$0
Dec 19983,1539.201.77$5,591
Nov 19983,35410.892.19$7,331
Oct 19983,44112.421.97$6,776
Sep 19983,43412.592.08$7,152
Aug 19983,58211.301.91$6,832
Jul 19983,46011.742.24$7,741
Jun 19983,38211.242.24$7,566
May 19983,28912.622.21$7,257
Apr 19983,31213.042.51$8,298
Mar 19983,79412.802.31$8,762
Feb 19983,04713.952.30$7,005
Jan 19984,14714.702.15$8,936
Dec 19972,82616.322.41$6,814
Nov 19973,40918.193.09$10,528
Oct 19973,76519.253.15$11,859
Sep 19973,84717.742.95$11,367
Aug 19973,12417.862.55$7,981
Jul 19973,97017.582.25$8,920
Jun 19973,40317.242.26$7,681
May 19973,83018.972.31$8,842
Apr 19973,69517.882.08$7,696
Mar 19973,54918.951.94$6,882
Feb 19973,39420.492.21$7,487
Jan 19973,93323.483.54$13,922
Dec 19963,64023.32$0
Nov 19964,36021.97$0
Oct 19965,23923.31$0
Sep 19961,34822.22$0
Aug 19964,11720.26$0
Jul 19964,51719.55$0
Jun 19963,20418.73$0
May 19964,16219.43$0
Apr 19964,38321.51$0
Mar 19964,15419.38$0
Feb 19964,22616.98$0
Jan 19963,94517.07$0
Dec 19954,06917.19$0
Nov 19954,20716.00$0
Oct 19954,48515.43$0
Sep 19954,75016.18$0
Aug 19954,62315.92$0
Jul 19954,79515.24$0
Jun 19954,50916.41$0
May 19954,97017.56$0
Apr 19954,25217.73$0
Mar 19955,32516.44$0
Feb 19954,19816.58$0
Jan 19954,75915.92$0
Dec 19944,88315.03$0
Nov 19944,76315.90$0
Oct 19945,39615.58$0
Sep 19944,60115.29$0
Aug 19945,50216.13$0
Jul 19945,21917.56$0
Jun 19945,73817.09$0
May 19944,67315.88$0
Apr 19945,49114.14$0
Mar 19944,90812.46$0
Feb 19945,12012.50$0
Jan 19945,79712.66$0
Dec 19935,70112.33$0
Nov 19935,52414.49$0
Oct 19937,66515.85$0
Sep 19932,55815.03$0
Aug 19935,18315.66$0
Jul 19936,10015.46$0
Jun 19936,20216.79$0
May 19935,50017.68$0
Apr 19936,65918.05$0
Mar 19938,81218.14$0
Feb 19933,65417.90$0
Jan 19934,93716.93$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                  735 Mcf  × $  2.87 =     $2,109

────────────────────────────────────────────────────
Month total                                   $2,109

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/23553 is the state's own key, not one this site invented.