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 23556District 10Field 68831001NGPA filingGasSaveExport
Value, all time
$2.7 M
Jan 1993 – May 2026
Value, last 12 filed months
$39 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
GasProduction854,373 Mcf$2,673,294
Total$2,673,294

224,911 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 35.5346, -101.8193. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.53457, -101.81931 · 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.

1 well

42-37500156B 54

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 202694298.932.87$2,703
Mar 202696589.753.15$3,039
Feb 202678763.503.75$2,952
Jan 202689459.138.00$7,150
Dec 202596856.664.41$4,272
Nov 202595458.593.93$3,746
Oct 20251,00359.383.30$3,315
Sep 202597962.743.08$3,012
Aug 202597763.933.01$2,945
Jul 202598966.743.32$3,279
Jun 202595566.483.13$2,988
May 202598860.553.23$3,194
Apr 202594762.363.54$3,355
Mar 202578967.704.27$3,368
Feb 202578470.884.34$3,403
Jan 202592174.324.28$3,941
Dec 202496368.993.12$3,006
Nov 202494169.052.20$2,069
Oct 202499271.372.28$2,263
Sep 202495769.612.36$2,263
Aug 202499275.632.06$2,047
Jul 20241,01779.932.15$2,183
Jun 202496178.082.63$2,531
May 20241,01578.812.20$2,231
Apr 202499084.451.66$1,643
Mar 20241,00380.301.55$1,550
Feb 202489176.091.78$1,589
Jan 202497773.023.30$3,222
Dec 20231,06471.262.61$2,778
Nov 20231,04477.892.81$2,931
Oct 20231,09685.443.09$3,384
Sep 20231,07089.042.74$2,926
Aug 20231,11080.522.67$2,967
Jul 20232,06674.852.64$5,458
Jun 20231,04968.962.26$2,369
May 20231,10270.622.23$2,455
Apr 20231,05678.122.24$2,363
Mar 20231,05772.852.39$2,530
Feb 202394075.112.47$2,318
Jan 202392376.533.39$3,127
Dec 202299876.415.73$5,718
Nov 202296385.005.65$5,437
Oct 20221,00887.185.86$5,911
Sep 202297084.888.16$7,919
Aug 20221,02094.529.13$9,310
Jul 2022914101.587.54$6,893
Jun 2022797115.097.98$6,358
May 2022882109.378.43$7,438
Apr 20221,024104.226.84$7,002
Mar 20221,023108.885.08$5,193
Feb 202288391.054.86$4,290
Jan 202249681.844.54$2,251
Dec 20211,01971.323.90$3,973
Nov 20211,00577.435.24$5,263
Oct 20211,04279.795.71$5,954
Sep 20211,03469.865.35$5,533
Aug 20211,05966.024.22$4,470
Jul 20211,08770.783.98$4,329
Jun 20211,04169.493.38$3,519
May 20211,12463.483.02$3,392
Apr 202144760.362.76$1,233
Mar 202190861.302.72$2,467
Feb 202150957.805.55$2,824
Jan 20211,01050.412.81$2,838
Dec 20201,08744.642.68$2,908
Nov 202095538.772.71$2,585
Oct 20201,01136.972.48$2,506
Sep 20201,07437.091.99$2,138
Aug 20201,08439.982.39$2,585
Jul 20201,11138.371.83$2,028
Jun 20201,06434.901.69$1,798
May 20201,07716.921.81$1,954
Apr 20201,01914.751.80$1,839
Mar 20201,03130.341.86$1,914
Feb 202094949.881.98$1,880
Jan 20201,01457.252.09$2,124
Dec 2019059.012.30$0
Nov 20191,02855.302.75$2,828
Oct 20191,07953.472.42$2,610
Sep 20191,05655.052.66$2,806
Aug 2019053.112.30$0
Jul 20191,07256.272.46$2,637
Jun 20191,10352.782.49$2,748
May 20191,16458.482.74$3,190
Apr 201975062.632.75$2,063
Mar 20191,08156.803.06$3,310
Feb 2019050.852.79$0
Jan 2019046.033.23$0
Dec 2018046.594.19$0
Nov 2018052.934.24$0
Oct 20181,12161.443.40$3,809
Sep 20181,12759.543.11$3,503
Aug 20181,16159.403.07$3,560
Jul 20181,19565.142.93$3,504
Jun 20181,20760.183.08$3,714
May 201864565.382.90$1,871
Apr 20181,05663.842.90$3,063
Mar 201821761.222.79$605
Feb 201897961.782.77$2,708
Jan 20181,18462.874.01$4,747
Dec 20171,22557.272.92$3,579
Nov 20171,21455.423.12$3,786
Oct 201761549.292.98$1,835
Sep 201758947.523.09$1,818
Aug 201739045.373.00$1,172
Jul 201743443.873.09$1,340
Jun 201789642.493.09$2,766
May 20171,14345.373.26$3,730
Apr 20171,09947.933.21$3,530
Mar 20171,15846.772.98$3,455
Feb 20171,01750.452.95$3,003
Jan 20171,14549.413.42$3,915
Dec 20161,10348.763.72$4,106
Nov 20161,17142.492.64$3,097
Oct 20161,24346.193.09$3,841
Sep 201680541.553.10$2,496
Aug 20161,10141.442.92$3,220
Jul 20161,21141.622.92$3,541
Jun 20161,15045.352.69$3,089
May 20161,16442.521.99$2,318
Apr 20161,16036.561.99$2,310
Mar 20161,20333.011.79$2,158
Feb 20161,13626.472.06$2,344
Jan 20161,22627.352.36$2,899
Dec 20151,26732.362.00$2,536
Nov 20151,24338.792.17$2,694
Oct 20151,30243.552.43$3,159
Sep 20151,28942.992.76$3,556
Aug 201569440.162.87$1,994
Jul 201590048.152.95$2,651
Jun 20151,21156.152.88$3,491
May 201595855.212.96$2,831
Apr 20151,19449.822.71$3,232
Mar 20151,18042.892.93$3,463
Feb 20151,03044.662.98$3,065
Jan 20151,23443.433.10$3,826
Dec 20141,26254.693.59$4,532
Nov 20141,21670.464.25$5,170
Oct 20141,32778.303.90$5,177
Sep 20141,30386.164.05$5,271
Aug 201495489.394.04$3,850
Jul 20141,28196.564.18$5,354
Jun 20141,30398.164.74$6,172
May 20141,31694.734.73$6,220
Apr 20141,30395.944.81$6,266
Mar 20141,30795.895.06$6,609
Feb 20141,14597.406.19$7,090
Jan 20141,30890.404.86$6,358
Dec 20131,37191.824.35$5,970
Nov 20131,33388.853.74$4,983
Oct 20131,41497.423.78$5,344
Sep 20131,365104.113.72$5,075
Aug 20131,364104.253.52$4,805
Jul 20131,349102.523.72$5,015
Jun 20131,30094.403.93$5,113
May 201369794.834.15$2,892
Apr 20131,30193.964.28$5,572
Mar 20131,38193.623.91$5,404
Feb 20131,24091.233.42$4,241
Jan 20131,37291.603.42$4,692
Dec 20121,39786.773.42$4,778
Nov 20121,37186.953.62$4,970
Oct 20121,42289.383.40$4,834
Sep 20121,37694.672.92$4,016
Aug 20121,41992.662.91$4,127
Jul 20121,42485.133.02$4,302
Jun 20121,39579.822.52$3,514
May 20121,18191.612.49$2,939
Apr 20121,381101.652.00$2,758
Mar 20121,419105.052.22$3,153
Feb 20121,350101.102.57$3,470
Jan 20121,41998.092.73$3,880
Dec 20111,48696.873.24$4,814
Nov 20111,43695.723.31$4,755
Oct 20111,49284.983.65$5,444
Sep 20111,44183.623.99$5,744
Aug 20111,49383.404.15$6,195
Jul 20111,36194.144.52$6,148
Jun 20111,45892.904.64$6,765
May 20111,49698.134.40$6,590
Apr 20111,398105.964.33$6,058
Mar 20111,44896.364.06$5,875
Feb 20111,26285.644.18$5,275
Jan 20111,48286.504.59$6,801
Dec 20101,54085.734.35$6,696
Nov 20101,49480.843.80$5,670
Oct 20101,55378.103.51$5,449
Sep 20101,50672.633.98$5,993
Aug 20101,56073.684.42$6,894
Jul 20101,52572.554.74$7,223
Jun 20101,50170.364.91$7,371
May 20101,12971.124.24$4,782
Apr 20101,48081.694.12$6,102
Mar 20101,45478.394.39$6,381
Feb 20101,38573.585.44$7,538
Jan 20101,52574.365.96$9,095
Dec 20091,58071.445.48$8,664
Nov 20091,53474.593.75$5,755
Oct 20091,60672.544.11$6,601
Sep 20091,56665.543.06$4,799
Aug 20091,58967.423.22$5,114
Jul 20091,61161.133.46$5,581
Jun 20091,56766.163.90$6,103
May 20091,61154.743.93$6,324
Apr 20091,60046.773.59$5,740
Mar 20091,57342.144.06$6,385
Feb 20091,48032.814.63$6,857
Jan 20091,60635.865.37$8,626
Dec 20081,59337.105.98$9,522
Nov 20081,56355.496.86$10,723
Oct 20081,44475.246.92$9,995
Sep 20081,409101.767.88$11,099
Aug 20081,695114.228.48$14,379
Jul 20081,691131.0811.39$19,260
Jun 20081,634131.3313.03$21,295
May 20081,626123.1711.57$18,820
Apr 20081,622110.3110.45$16,958
Mar 20081,528101.909.66$14,767
Feb 20081,40792.538.77$12,340
Jan 20081,61390.388.21$13,236
Dec 20071,63888.337.30$11,961
Nov 20071,84191.677.29$13,424
Oct 20072,08182.856.92$14,405
Sep 20071,60775.846.24$10,034
Aug 20071,71969.066.39$10,981
Jul 20071,72170.906.39$10,994
Jun 20071,73062.007.55$13,059
May 20071,82158.747.85$14,288
Apr 20071,48159.617.81$11,560
Mar 20071,54156.927.30$11,252
Feb 20071,40355.108.22$11,527
Jan 20071,61050.306.73$10,830
Dec 20061,73656.656.92$12,010
Nov 20061,83254.207.62$13,955
Oct 20061,80754.906.01$10,867
Sep 20061,90560.085.04$9,596
Aug 20062,02468.717.34$14,856
Jul 20062,06769.376.34$13,110
Jun 20061,95966.286.38$12,506
May 20061,95466.016.42$12,554
Apr 20061,90364.397.36$14,007
Mar 20062,02556.707.08$14,343
Feb 20061,83157.597.75$14,192
Jan 20062,15060.598.93$19,207
Dec 20052,16554.9413.42$29,044
Nov 20052,13754.6910.59$22,627
Oct 20052,25658.3413.80$31,123
Sep 20052,03461.4512.08$24,569
Aug 20052,10461.519.80$20,613
Jul 20051,55355.697.84$12,181
Jun 200572052.337.38$5,314
May 20051,11145.226.65$7,389
Apr 20051,73449.207.36$12,763
Mar 20051,44950.377.15$10,367
Feb 200524745.226.31$1,559
Jan 20051,33143.166.32$8,415
Dec 20042,25439.866.75$15,217
Nov 20042,51245.286.33$15,902
Oct 20042,55649.706.52$16,653
Sep 20042,62643.245.28$13,876
Aug 20042,74642.375.55$15,242
Jul 20042,67338.286.08$16,263
Jun 20042,76836.106.43$17,807
May 20042,14537.486.49$13,931
Apr 20042,02334.475.86$11,852
Mar 20042,81034.365.53$15,540
Feb 20042,05332.455.51$11,311
Jan 20042,79932.036.30$17,633
Dec 20032,91930.266.30$18,394
Nov 20032,94528.804.60$13,533
Oct 20033,17428.174.76$15,107
Sep 20031,58226.314.75$7,513
Aug 20031,97529.765.13$10,131
Jul 20032,95529.415.17$15,280
Jun 20032,50328.565.98$14,975
May 20033,00326.595.97$17,936
Apr 20032,92426.675.41$15,811
Mar 20033,01631.146.10$18,386
Feb 20032,73733.487.93$21,693
Jan 20033,03830.315.58$16,958
Dec 20023,12226.914.85$15,153
Nov 20023,17624.664.14$13,139
Oct 20023,31426.464.23$14,015
Sep 20023,25227.443.64$11,822
Aug 20023,44725.963.16$10,907
Jul 20023,48624.583.06$10,673
Jun 20023,11323.733.34$10,392
May 20023,73024.663.58$13,368
Apr 20023,15323.653.51$11,074
Mar 20023,38122.003.10$10,490
Feb 20023,25318.222.38$7,728
Jan 20023,32917.172.38$7,909
Dec 20013,54116.932.36$8,372
Nov 20013,49418.072.41$8,405
Oct 20013,53019.782.53$8,927
Sep 20013,22924.262.25$7,270
Aug 20013,33124.873.05$10,170
Jul 20013,67823.933.20$11,759
Jun 20012,99424.563.82$11,450
May 20013,74425.524.31$16,127
Apr 20014,08224.685.34$21,779
Mar 20013,82024.545.38$20,538
Feb 20013,15027.755.77$18,166
Jan 20013,99827.478.40$33,578
Dec 20003,70126.889.12$33,762
Nov 20003,74132.215.66$21,167
Oct 20003,91931.235.15$20,165
Sep 20004,13731.875.19$21,457
Aug 20004,40829.644.54$20,016
Jul 20004,35428.534.09$17,807
Jun 20003,84029.304.40$16,885
May 20004,53527.263.68$16,688
Apr 20004,11524.513.12$12,822
Mar 20004,05828.422.86$11,605
Feb 20004,28127.622.73$11,672
Jan 20004,60025.272.48$11,410
Dec 19994,19624.282.42$10,170
Nov 19994,85823.192.43$11,824
Oct 19994,30520.982.80$12,070
Sep 19994,85921.752.62$12,725
Aug 19995,17319.262.88$14,875
Jul 19995,29017.892.37$12,550
Jun 19994,57315.942.36$10,802
May 19995,07215.792.32$11,772
Apr 19994,66615.102.21$10,303
Mar 19996,85412.471.84$12,600
Feb 19999249.981.82$1,680
Jan 19991,09610.381.90$2,082
Dec 19982,1289.201.77$3,774
Nov 19982,82210.892.19$6,168
Oct 19983,38312.421.97$6,662
Sep 19983,32012.592.08$6,914
Aug 19983,15611.301.91$6,020
Jul 19983,03611.742.24$6,792
Jun 19982,40811.242.24$5,387
May 19981,86112.622.21$4,106
Apr 19982,04713.042.51$5,128
Mar 19982,31312.802.31$5,342
Feb 19985713.952.30$131
Jan 199897814.702.15$2,107
Dec 19972,80116.322.41$6,753
Nov 19973,01818.193.09$9,320
Oct 19973,38719.253.15$10,668
Sep 19973,87217.742.95$11,441
Aug 19974,31617.862.55$11,026
Jul 19974,31017.582.25$9,684
Jun 19973,78817.242.26$8,550
May 19973,67118.972.31$8,475
Apr 19973,27217.882.08$6,815
Mar 19973,10918.951.94$6,029
Feb 19973,24620.492.21$7,160
Jan 19973,39723.483.54$12,024
Dec 19963,96523.32$0
Nov 19963,73021.97$0
Oct 19964,05923.31$0
Sep 19963,43822.22$0
Aug 19964,16120.26$0
Jul 19965,33319.55$0
Jun 19964,24018.73$0
May 19964,45019.43$0
Apr 19964,17521.51$0
Mar 19963,58719.38$0
Feb 19963,36916.98$0
Jan 19963,98717.07$0
Dec 19954,09517.19$0
Nov 19954,82616.00$0
Oct 19954,24015.43$0
Sep 19953,42616.18$0
Aug 19952,05815.92$0
Jul 19953,05315.24$0
Jun 19953,84216.41$0
May 19953,51017.56$0
Apr 19953,80717.73$0
Mar 19954,46116.44$0
Feb 19953,78516.58$0
Jan 19953,70015.92$0
Dec 19945,14815.03$0
Nov 19945,70015.90$0
Oct 19946,15615.58$0
Sep 19945,94215.29$0
Aug 19946,24616.13$0
Jul 19945,59317.56$0
Jun 19944,42617.09$0
May 19943,03315.88$0
Apr 19943,23514.14$0
Mar 19944,28012.46$0
Feb 19944,19212.50$0
Jan 19945,68512.66$0
Dec 19935,71112.33$0
Nov 19935,36814.49$0
Oct 19936,00415.85$0
Sep 19936,31315.03$0
Aug 19937,24815.66$0
Jul 19936,84715.46$0
Jun 19936,01716.79$0
May 19935,29417.68$0
Apr 19935,74318.05$0
Mar 19935,77818.14$0
Feb 19935,27117.90$0
Jan 19936,38416.93$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                  942 Mcf  × $  2.87 =     $2,703

────────────────────────────────────────────────────
Month total                                   $2,703

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/23556 is the state's own key, not one this site invented.