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 23555District 10Field 68831001NGPA filingGasSaveExport
Value, all time
$2.4 M
Jan 1993 – May 2026
Value, last 12 filed months
$30 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
NGPA1none

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
GasProduction614,081 Mcf$2,434,968
Total$2,434,968

82,971 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 35.5748, -101.8169. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.57485, -101.81685 · 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
Mar 2001
1 of 1 wells

1 well

42-37500341B 53Mar 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 202667598.932.87$1,937
Mar 202670589.753.15$2,220
Feb 202659463.503.75$2,228
Jan 202679359.138.00$6,342
Dec 202569356.664.41$3,058
Nov 202569058.593.93$2,709
Oct 202573759.383.30$2,436
Sep 202574262.743.08$2,283
Aug 202568163.933.01$2,053
Jul 202577166.743.32$2,556
Jun 202574066.483.13$2,315
May 202574660.553.23$2,411
Apr 202572362.363.54$2,562
Mar 202562067.704.27$2,646
Feb 202564270.884.34$2,787
Jan 202570974.324.28$3,034
Dec 202471168.993.12$2,219
Nov 202469969.052.20$1,537
Oct 202473271.372.28$1,670
Sep 202473369.612.36$1,733
Aug 202477175.632.06$1,591
Jul 202478079.932.15$1,674
Jun 202475178.082.63$1,978
May 202474878.812.20$1,644
Apr 202472584.451.66$1,203
Mar 202474580.301.55$1,151
Feb 202470076.091.78$1,249
Jan 202477073.023.30$2,539
Dec 202378271.262.61$2,042
Nov 202376877.892.81$2,156
Oct 202381085.443.09$2,501
Sep 202380189.042.74$2,191
Aug 202383980.522.67$2,243
Jul 202372774.852.64$1,921
Jun 202380168.962.26$1,809
May 202382270.622.23$1,831
Apr 202380378.122.24$1,797
Mar 202382072.852.39$1,962
Feb 202372475.112.47$1,785
Jan 202380576.533.39$2,727
Dec 202298076.415.73$5,615
Nov 202279685.005.65$4,494
Oct 202285487.185.86$5,008
Sep 202285384.888.16$6,964
Aug 202290894.529.13$8,287
Jul 2022855101.587.54$6,448
Jun 2022777115.097.98$6,198
May 2022798109.378.43$6,730
Apr 2022811104.226.84$5,545
Mar 2022827108.885.08$4,198
Feb 202274791.054.86$3,630
Jan 202278881.844.54$3,576
Dec 202183071.323.90$3,236
Nov 202179577.435.24$4,163
Oct 202182979.795.71$4,737
Sep 202182269.865.35$4,398
Aug 202186566.024.22$3,651
Jul 202187670.783.98$3,488
Jun 202186769.493.38$2,931
May 202195463.483.02$2,879
Apr 202149960.362.76$1,376
Mar 202181561.302.72$2,214
Feb 202142857.805.55$2,375
Jan 202186350.412.81$2,425
Dec 202090144.642.68$2,411
Nov 202075838.772.71$2,052
Oct 202080836.972.48$2,003
Sep 202088737.091.99$1,766
Aug 202090439.982.39$2,156
Jul 202086238.371.83$1,573
Jun 202081434.901.69$1,376
May 202084016.921.81$1,524
Apr 202085514.751.80$1,543
Mar 202088530.341.86$1,643
Feb 202074649.881.98$1,478
Jan 202080657.252.09$1,688
Dec 2019059.012.30$0
Nov 201983055.302.75$2,283
Oct 201990553.472.42$2,189
Sep 201994355.052.66$2,506
Aug 2019053.112.30$0
Jul 20191,01156.272.46$2,487
Jun 201999452.782.49$2,476
May 20191,02958.482.74$2,820
Apr 201957062.632.75$1,568
Mar 201992756.803.06$2,839
Feb 2019050.852.79$0
Jan 2019046.033.23$0
Dec 2018046.594.19$0
Nov 2018052.934.24$0
Oct 201894761.443.40$3,218
Sep 201897959.543.11$3,043
Aug 20181,03159.403.07$3,162
Jul 20181,04565.142.93$3,064
Jun 20181,02060.183.08$3,138
May 20181,07165.382.90$3,107
Apr 20181,12963.842.90$3,275
Mar 201834761.222.79$967
Feb 201890661.782.77$2,506
Jan 20181,04462.874.01$4,186
Dec 20171,03457.272.92$3,021
Nov 20171,15855.423.12$3,611
Oct 201760149.292.98$1,793
Sep 201762747.523.09$1,936
Aug 201767245.373.00$2,019
Jul 201732643.873.09$1,006
Jun 201792742.493.09$2,862
May 20171,01245.373.26$3,303
Apr 201794947.933.21$3,048
Mar 20171,03446.772.98$3,085
Feb 201792850.452.95$2,740
Jan 20171,02049.413.42$3,487
Dec 201688748.763.72$3,302
Nov 20161,02742.492.64$2,716
Oct 20161,13746.193.09$3,514
Sep 201694041.553.10$2,915
Aug 201657641.442.92$1,684
Jul 20161,03341.622.92$3,021
Jun 20161,02245.352.69$2,745
May 20161,01542.521.99$2,021
Apr 20161,01036.561.99$2,011
Mar 20161,07133.011.79$1,921
Feb 201697326.472.06$2,008
Jan 20161,04427.352.36$2,468
Dec 20151,06432.362.00$2,130
Nov 20151,01038.792.17$2,189
Oct 20151,08043.552.43$2,621
Sep 20151,09342.992.76$3,015
Aug 20151,11040.162.87$3,188
Jul 20151,13648.152.95$3,346
Jun 20151,15156.152.88$3,318
May 201589755.212.96$2,651
Apr 20151,09749.822.71$2,969
Mar 20151,14342.892.93$3,354
Feb 201596044.662.98$2,857
Jan 20151,19743.433.10$3,711
Dec 20141,23554.693.59$4,435
Nov 20141,02170.464.25$4,341
Oct 20141,46578.303.90$5,715
Sep 201411986.164.05$481
Aug 201469889.394.04$2,817
Jul 20141,20396.564.18$5,028
Jun 20141,20298.164.74$5,694
May 20141,07494.734.73$5,076
Apr 20141,17595.944.81$5,651
Mar 20141,22795.895.06$6,205
Feb 20141,12597.406.19$6,966
Jan 201474390.404.86$3,612
Dec 20131,18691.824.35$5,164
Nov 20131,21588.853.74$4,542
Oct 20131,27697.423.78$4,822
Sep 20131,264104.113.72$4,699
Aug 20131,331104.253.52$4,689
Jul 20131,303102.523.72$4,844
Jun 20131,31594.403.93$5,172
May 20131,16394.834.15$4,825
Apr 20131,23493.964.28$5,285
Mar 20131,28493.623.91$5,024
Feb 20131,18091.233.42$4,035
Jan 20131,30591.603.42$4,463
Dec 20121,32786.773.42$4,539
Nov 20121,30786.953.62$4,738
Oct 20121,36289.383.40$4,630
Sep 20121,34394.672.92$3,919
Aug 20121,40792.662.91$4,092
Jul 20121,42985.133.02$4,317
Jun 20121,44279.822.52$3,632
May 20121,17291.612.49$2,916
Apr 20121,348101.652.00$2,692
Mar 20121,391105.052.22$3,091
Feb 20121,265101.102.57$3,251
Jan 20121,34298.092.73$3,669
Dec 20111,34896.873.24$4,367
Nov 20111,33195.723.31$4,407
Oct 20111,40484.983.65$5,123
Sep 20111,40383.623.99$5,592
Aug 20111,48883.404.15$6,174
Jul 20111,41094.144.52$6,369
Jun 20111,43392.904.64$6,649
May 20111,47498.134.40$6,493
Apr 20111,417105.964.33$6,140
Mar 20111,46496.364.06$5,940
Feb 20111,30785.644.18$5,463
Jan 20111,44986.504.59$6,649
Dec 20101,46885.734.35$6,383
Nov 20101,45480.843.80$5,518
Oct 20101,53078.103.51$5,369
Sep 20101,48472.633.98$5,906
Aug 20101,54973.684.42$6,846
Jul 20101,57172.554.74$7,441
Jun 20101,57470.364.91$7,729
May 20101,22671.124.24$5,192
Apr 20101,47881.694.12$6,093
Mar 20101,52378.394.39$6,684
Feb 20101,33073.585.44$7,238
Jan 20101,53874.365.96$9,173
Dec 20091,53771.445.48$8,429
Nov 20091,53274.593.75$5,747
Oct 20091,59872.544.11$6,568
Sep 20091,56265.543.06$4,787
Aug 20091,63367.423.22$5,256
Jul 20091,63661.133.46$5,668
Jun 20091,57366.163.90$6,127
May 20091,61254.743.93$6,328
Apr 20091,59346.773.59$5,715
Mar 20091,58242.144.06$6,421
Feb 20091,48232.814.63$6,866
Jan 20091,62935.865.37$8,749
Dec 20081,64437.105.98$9,826
Nov 20081,62255.496.86$11,128
Oct 20081,71875.246.92$11,892
Sep 20081,709101.767.88$13,462
Aug 20081,788114.228.48$15,168
Jul 20081,767131.0811.39$20,125
Jun 20081,744131.3313.03$22,729
May 20081,757123.1711.57$20,336
Apr 20081,733110.3110.45$18,118
Mar 20081,787101.909.66$17,270
Feb 20081,67292.538.77$14,664
Jan 20081,78990.388.21$14,680
Dec 20071,80388.337.30$13,165
Nov 20071,78891.677.29$13,038
Oct 20071,89782.856.92$13,131
Sep 20071,86075.846.24$11,614
Aug 20071,91169.066.39$12,207
Jul 20072,00170.906.39$12,782
Jun 20071,95262.007.55$14,735
May 20071,97158.747.85$15,465
Apr 20071,91659.617.81$14,955
Mar 20072,03756.927.30$14,874
Feb 20071,72055.108.22$14,132
Jan 20072,00650.306.73$13,494
Dec 20061,88456.656.92$13,034
Nov 20062,00854.207.62$15,296
Oct 20062,12454.906.01$12,773
Sep 20062,09960.085.04$10,573
Aug 20062,04168.717.34$14,981
Jul 20062,18469.376.34$13,853
Jun 20062,14066.286.38$13,662
May 20062,14266.016.42$13,762
Apr 20062,13464.397.36$15,707
Mar 20062,27856.707.08$16,135
Feb 20062,10657.597.75$16,324
Jan 20062,13160.598.93$19,037
Dec 20052,27154.9413.42$30,466
Nov 20052,27954.6910.59$24,131
Oct 20052,41258.3413.80$33,275
Sep 20052,41561.4512.08$29,171
Aug 20052,51761.519.80$24,659
Jul 20052,58855.697.84$20,299
Jun 20052,45352.337.38$18,106
May 20051,94645.226.65$12,943
Apr 20052,57749.207.36$18,968
Mar 20052,63350.377.15$18,839
Feb 20052,43445.226.31$15,363
Jan 20051,88243.166.32$11,898
Dec 20042,04739.866.75$13,819
Nov 20041,94445.286.33$12,306
Oct 20042,82849.706.52$18,425
Sep 20042,85143.245.28$15,064
Aug 20042,91142.375.55$16,158
Jul 20043,01138.286.08$18,319
Jun 20043,00136.106.43$19,305
May 20042,63037.486.49$17,081
Apr 20042,68134.475.86$15,707
Mar 20043,03334.365.53$16,773
Feb 20042,61432.455.51$14,402
Jan 20042,79532.036.30$17,607
Dec 20032,87130.266.30$18,092
Nov 20033,24028.804.60$14,888
Oct 20033,52428.174.76$16,773
Sep 20033,39926.314.75$16,143
Aug 20033,82029.765.13$19,596
Jul 20034,11729.415.17$21,288
Jun 20032,86128.565.98$17,117
May 200317126.595.97$1,021
Apr 20033,45426.675.41$18,677
Mar 20033,50131.146.10$21,342
Feb 20032,97533.487.93$23,579
Jan 20033,67230.315.58$20,497
Dec 20023,37126.914.85$16,362
Nov 20023,59124.664.14$14,856
Oct 20023,77326.464.23$15,956
Sep 20023,48027.443.64$12,651
Aug 20024,02425.963.16$12,733
Jul 20024,33324.583.06$13,267
Jun 20023,85423.733.34$12,866
May 20024,53124.663.58$16,239
Apr 20024,49623.653.51$15,791
Mar 20024,79122.003.10$14,865
Feb 20024,40618.222.38$10,467
Jan 20024,16417.172.38$9,892
Dec 20014,62316.932.36$10,931
Nov 20014,52618.072.41$10,887
Oct 20014,69019.782.53$11,860
Sep 20015,09024.262.25$11,459
Aug 20014,95424.873.05$15,125
Jul 20015,85823.933.20$18,728
Jun 20015,52824.563.82$21,140
May 20016,36525.524.31$27,416
Apr 20018,40924.685.34$44,865
Mar 20011,43924.545.38$7,737
Feb 2001027.755.77$0
Jan 200122927.478.40$1,923
Dec 200070926.889.12$6,468
Nov 200069932.215.66$3,955
Oct 200088431.235.15$4,549
Sep 200080931.875.19$4,196
Aug 20001,04629.644.54$4,750
Jul 200094728.534.09$3,873
Jun 200088029.304.40$3,870
May 20001,12927.263.68$4,154
Apr 200090124.513.12$2,808
Mar 200099028.422.86$2,831
Feb 20001,15527.622.73$3,149
Jan 20001,24425.272.48$3,086
Dec 199991024.282.42$2,206
Nov 19991,07223.192.43$2,609
Oct 19991,25420.982.80$3,516
Sep 19991,25321.752.62$3,281
Aug 19991,18619.262.88$3,410
Jul 19991,40417.892.37$3,331
Jun 19991,10315.942.36$2,605
May 19991,23015.792.32$2,855
Apr 19991,28015.102.21$2,826
Mar 19991,23212.471.84$2,265
Feb 19991,1699.981.82$2,125
Jan 19991,15310.381.90$2,191
Dec 19981,4269.201.77$2,529
Nov 19981,04210.892.19$2,278
Oct 19981,17112.421.97$2,306
Sep 19981,25112.592.08$2,605
Aug 19981,32211.301.91$2,522
Jul 19981,37111.742.24$3,067
Jun 19981,24011.242.24$2,774
May 19981,09612.622.21$2,418
Apr 19981,08013.042.51$2,706
Mar 19981,18612.802.31$2,739
Feb 19981,07513.952.30$2,472
Jan 19981,07814.702.15$2,323
Dec 19971,29116.322.41$3,113
Nov 19971,22718.193.09$3,789
Oct 19971,17819.253.15$3,710
Sep 19971,29417.742.95$3,824
Aug 19971,45017.862.55$3,704
Jul 19971,39417.582.25$3,132
Jun 19971,48717.242.26$3,356
May 19971,38618.972.31$3,200
Apr 19971,17217.882.08$2,441
Mar 19971,17718.951.94$2,282
Feb 19971,20720.492.21$2,663
Jan 19971,20423.483.54$4,262
Dec 19961,31723.32$0
Nov 19961,36021.97$0
Oct 19961,43223.31$0
Sep 19961,26322.22$0
Aug 19961,27020.26$0
Jul 19961,60819.55$0
Jun 19961,49218.73$0
May 19961,50519.43$0
Apr 19961,58221.51$0
Mar 19961,54719.38$0
Feb 19961,36616.98$0
Jan 19961,46117.07$0
Dec 19951,53817.19$0
Nov 19951,62616.00$0
Oct 19951,49615.43$0
Sep 19951,23616.18$0
Aug 199585815.92$0
Jul 19951,05215.24$0
Jun 19951,58716.41$0
May 19951,54817.56$0
Apr 19951,67017.73$0
Mar 19951,44416.44$0
Feb 19951,43016.58$0
Jan 19951,52915.92$0
Dec 19941,60015.03$0
Nov 19941,70215.90$0
Oct 19941,78815.58$0
Sep 19941,84215.29$0
Aug 19941,82916.13$0
Jul 19941,97117.56$0
Jun 19942,17917.09$0
May 19941,71515.88$0
Apr 19941,70814.14$0
Mar 19941,83912.46$0
Feb 19941,76212.50$0
Jan 19942,16912.66$0
Dec 19932,13512.33$0
Nov 19931,91914.49$0
Oct 19931,93815.85$0
Sep 19931,91015.03$0
Aug 19932,11015.66$0
Jul 19932,12015.46$0
Jun 19932,12816.79$0
May 19932,13517.68$0
Apr 19932,47118.05$0
Mar 19933,14218.14$0
Feb 19932,20517.90$0
Jan 19932,43716.93$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                  675 Mcf  × $  2.87 =     $1,937

────────────────────────────────────────────────────
Month total                                   $1,937

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/23555 is the state's own key, not one this site invented.