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 23559District 10Field 68831001NGPA filingGasSaveExport
Value, all time
$2.1 M
Jan 1993 – May 2026
Value, last 12 filed months
$15 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
GasProduction426,739 Mcf$2,145,258
Total$2,145,258

30,298 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 35.5136, -101.8082. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.51364, -101.80818 · 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
2,599 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 2,599 ft.

Completions filed
Apr 2003
1 of 1 wells

1 well

42-37500127B 592,599 ftApr 2003

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 202635298.932.87$1,010
Mar 202636389.753.15$1,143
Feb 202630663.503.75$1,148
Jan 202635859.138.00$2,863
Dec 202535556.664.41$1,567
Nov 202533958.593.93$1,331
Oct 202535759.383.30$1,180
Sep 202536062.743.08$1,108
Aug 202534863.933.01$1,049
Jul 202537166.743.32$1,230
Jun 202536266.483.13$1,133
May 202538360.553.23$1,238
Apr 202537562.363.54$1,329
Mar 202531067.704.27$1,323
Feb 202533270.884.34$1,441
Jan 202536374.324.28$1,553
Dec 202437968.993.12$1,183
Nov 202435969.052.20$789
Oct 202436671.372.28$835
Sep 202435269.612.36$832
Aug 202436475.632.06$751
Jul 202438579.932.15$826
Jun 202436378.082.63$956
May 202438378.812.20$842
Apr 202438384.451.66$635
Mar 202439180.301.55$604
Feb 202436576.091.78$651
Jan 202439973.023.30$1,316
Dec 202342171.262.61$1,099
Nov 202340377.892.81$1,131
Oct 202341685.443.09$1,284
Sep 202340889.042.74$1,116
Aug 202343480.522.67$1,160
Jul 202343774.852.64$1,154
Jun 202342668.962.26$962
May 202344370.622.23$987
Apr 202341778.122.24$933
Mar 202343772.852.39$1,046
Feb 202338975.112.47$959
Jan 202343376.533.39$1,467
Dec 202243576.415.73$2,492
Nov 202243185.005.65$2,434
Oct 202243787.185.86$2,562
Sep 202242484.888.16$3,461
Aug 202244594.529.13$4,062
Jul 2022495101.587.54$3,733
Jun 2022374115.097.98$2,983
May 2022355109.378.43$2,994
Apr 2022349104.226.84$2,386
Mar 2022397108.885.08$2,015
Feb 202237191.054.86$1,803
Jan 202237881.844.54$1,715
Dec 202140071.323.90$1,560
Nov 202139877.435.24$2,084
Oct 202147279.795.71$2,697
Sep 202147469.865.35$2,536
Aug 202120466.024.22$861
Jul 202141170.783.98$1,637
Jun 202148169.493.38$1,626
May 202157963.483.02$1,747
Apr 202128960.362.76$797
Mar 202153561.302.72$1,454
Feb 202127457.805.55$1,520
Jan 202157450.412.81$1,613
Dec 202058344.642.68$1,560
Nov 202063638.772.71$1,721
Oct 202051736.972.48$1,281
Sep 202054237.091.99$1,079
Aug 202055839.982.39$1,331
Jul 202057538.371.83$1,049
Jun 202060934.901.69$1,029
May 202069116.921.81$1,254
Apr 202072014.751.80$1,299
Mar 202075130.341.86$1,394
Feb 202054849.881.98$1,085
Jan 202069157.252.09$1,447
Dec 2019059.012.30$0
Nov 201975955.302.75$2,088
Oct 201977253.472.42$1,867
Sep 201919455.052.66$516
Aug 2019053.112.30$0
Jul 2019056.272.46$0
Jun 2019052.782.49$0
May 2019058.482.74$0
Apr 2019062.632.75$0
Mar 2019056.803.06$0
Feb 2019050.852.79$0
Jan 2019046.033.23$0
Dec 2018046.594.19$0
Nov 2018052.934.24$0
Oct 201855461.443.40$1,883
Sep 201868459.543.11$2,126
Aug 201881359.403.07$2,493
Jul 201898965.142.93$2,900
Jun 2018060.183.08$0
May 2018065.382.90$0
Apr 2018063.842.90$0
Mar 2018061.222.79$0
Feb 2018661.782.77$17
Jan 201811262.874.01$449
Dec 201774757.272.92$2,182
Nov 201789755.423.12$2,797
Oct 201741849.292.98$1,247
Sep 201748247.523.09$1,488
Aug 201747545.373.00$1,427
Jul 201744843.873.09$1,383
Jun 201780942.493.09$2,498
May 201790045.373.26$2,937
Apr 201788547.933.21$2,842
Mar 201778146.772.98$2,330
Feb 201755650.452.95$1,642
Jan 201776149.413.42$2,602
Dec 201661848.763.72$2,301
Nov 201690042.492.64$2,380
Oct 201627646.193.09$853
Sep 2016041.553.10$0
Aug 201681841.442.92$2,392
Jul 201691041.622.92$2,661
Jun 201689545.352.69$2,404
May 20161,00242.521.99$1,995
Apr 201697236.561.99$1,935
Mar 20161,04533.011.79$1,875
Feb 201686926.472.06$1,793
Jan 201699927.352.36$2,362
Dec 20151,02232.362.00$2,045
Nov 201599438.792.17$2,154
Oct 20151,03343.552.43$2,507
Sep 201599042.992.76$2,731
Aug 20151,04440.162.87$2,999
Jul 201599348.152.95$2,924
Jun 20151,07656.152.88$3,102
May 201553755.212.96$1,587
Apr 20151,04349.822.71$2,823
Mar 20151,06642.892.93$3,128
Feb 201584244.662.98$2,506
Jan 20151,04343.433.10$3,234
Dec 20141,02254.693.59$3,670
Nov 201468470.464.25$2,908
Oct 201453178.303.90$2,071
Sep 201437886.164.05$1,529
Aug 201477789.394.04$3,135
Jul 20141,11896.564.18$4,673
Jun 20141,04998.164.74$4,969
May 20141,09694.734.73$5,180
Apr 20141,26295.944.81$6,069
Mar 20141,30995.895.06$6,619
Feb 201492497.406.19$5,721
Jan 20141,29890.404.86$6,309
Dec 20131,29591.824.35$5,639
Nov 20131,26388.853.74$4,721
Oct 20131,32097.423.78$4,989
Sep 20131,336104.113.72$4,967
Aug 20131,382104.253.52$4,868
Jul 20131,417102.523.72$5,268
Jun 20131,38994.403.93$5,464
May 201378994.834.15$3,274
Apr 20131,31993.964.28$5,649
Mar 20131,38193.623.91$5,404
Feb 20131,28791.233.42$4,401
Jan 20131,51591.603.42$5,181
Dec 20121,63786.773.42$5,599
Nov 20121,58986.953.62$5,760
Oct 20121,63289.383.40$5,548
Sep 20121,59394.672.92$4,649
Aug 20121,67192.662.91$4,860
Jul 20121,69185.133.02$5,108
Jun 20121,58579.822.52$3,993
May 20121,66091.612.49$4,131
Apr 20121,845101.652.00$3,684
Mar 20121,911105.052.22$4,246
Feb 20121,826101.102.57$4,693
Jan 20121,92898.092.73$5,271
Dec 20112,03496.873.24$6,590
Nov 20111,99895.723.31$6,616
Oct 20112,08284.983.65$7,596
Sep 20112,07083.623.99$8,251
Aug 20111,70083.404.15$7,054
Jul 201153294.144.52$2,403
Jun 201145092.904.64$2,088
May 201182198.134.40$3,616
Apr 20111,127105.964.33$4,884
Mar 20111,23996.364.06$5,027
Feb 20111,19585.644.18$4,995
Jan 20111,43486.504.59$6,580
Dec 20101,40285.734.35$6,096
Nov 20101,44080.843.80$5,465
Oct 20101,58278.103.51$5,551
Sep 20101,59472.633.98$6,343
Aug 20101,74473.684.42$7,707
Jul 20101,76472.554.74$8,355
Jun 20101,60070.364.91$7,857
May 20101,46371.124.24$6,196
Apr 20101,66181.694.12$6,848
Mar 20101,73578.394.39$7,614
Feb 20101,63673.585.44$8,904
Jan 20101,86374.365.96$11,111
Dec 20091,88771.445.48$10,348
Nov 200998874.593.75$3,706
Oct 20091,89572.544.11$7,789
Sep 20091,89965.543.06$5,820
Aug 20092,01267.423.22$6,476
Jul 20092,03261.133.46$7,040
Jun 20091,89366.163.90$7,373
May 20092,00854.743.93$7,883
Apr 20092,02846.773.59$7,275
Mar 20092,06342.144.06$8,374
Feb 20091,89132.814.63$8,761
Jan 20092,10335.865.37$11,295
Dec 20082,18237.105.98$13,042
Nov 20082,21455.496.86$15,189
Oct 20082,36475.246.92$16,364
Sep 20082,387101.767.88$18,803
Aug 20082,472114.228.48$20,970
Jul 20082,540131.0811.39$28,929
Jun 20082,517131.3313.03$32,803
May 20082,026123.1711.57$23,450
Apr 20081,976110.3110.45$20,659
Mar 20082,058101.909.66$19,889
Feb 20081,85992.538.77$16,305
Jan 20082,24690.388.21$18,430
Dec 20072,28488.337.30$16,678
Nov 20072,23391.677.29$16,282
Oct 20072,26582.856.92$15,678
Sep 20072,07675.846.24$12,963
Aug 20072,09869.066.39$13,402
Jul 20072,37070.906.39$15,139
Jun 20072,13962.007.55$16,146
May 20071,63458.747.85$12,821
Apr 20071,91559.617.81$14,947
Mar 20071,84856.927.30$13,494
Feb 20071,98455.108.22$16,301
Jan 20072,14350.306.73$14,416
Dec 20062,20856.656.92$15,276
Nov 20062,61854.207.62$19,943
Oct 20063,25154.906.01$19,551
Sep 20062,32060.085.04$11,686
Aug 20062,61668.717.34$19,201
Jul 20062,99269.376.34$18,978
Jun 20062,94466.286.38$18,794
May 20062,69166.016.42$17,290
Apr 20062,89964.397.36$21,338
Mar 20062,73756.707.08$19,386
Feb 20062,58357.597.75$20,021
Jan 20063,32360.598.93$29,685
Dec 20053,54554.9413.42$47,558
Nov 20053,22854.6910.59$34,179
Oct 20053,56758.3413.80$49,209
Sep 20053,48761.4512.08$42,119
Aug 20053,66061.519.80$35,856
Jul 20052,17055.697.84$17,021
Jun 2005052.337.38$0
May 20051,47645.226.65$9,817
Apr 20053,05349.207.36$22,472
Mar 20053,08750.377.15$22,087
Feb 20052,86745.226.31$18,096
Jan 20053,25243.166.32$20,560
Dec 20043,51139.866.75$23,703
Nov 20043,44345.286.33$21,796
Oct 20043,53149.706.52$23,005
Sep 20043,45443.245.28$18,251
Aug 20043,78542.375.55$21,009
Jul 20043,88238.286.08$23,619
Jun 20043,84836.106.43$24,754
May 20043,48937.486.49$22,660
Apr 20043,75934.475.86$22,022
Mar 20043,85734.365.53$21,330
Feb 20043,82732.455.51$21,085
Jan 20044,40632.036.30$27,756
Dec 20034,77930.266.30$30,116
Nov 20034,82628.804.60$22,176
Oct 20035,15628.174.76$24,541
Sep 20034,47026.314.75$21,230
Aug 20034,82629.765.13$24,756
Jul 20035,47029.415.17$28,284
Jun 20035,90328.565.98$35,317
May 20035,25826.595.97$31,404
Apr 20032,34026.675.41$12,653
Mar 2003031.146.10$0
Feb 2003033.487.93$0
Jan 2003030.315.58$0
Dec 20024926.914.85$238
Nov 200210824.664.14$447
Oct 2002426.464.23$17
Sep 2002027.443.64$0
Aug 2002025.963.16$0
Jul 2002024.583.06$0
Jun 20028223.733.34$274
May 20027724.663.58$276
Apr 2002723.653.51$25
Mar 20023622.003.10$112
Feb 200210518.222.38$249
Jan 200213717.172.38$325
Dec 20018716.932.36$206
Nov 20017218.072.41$173
Oct 20019719.782.53$245
Sep 20017624.262.25$171
Aug 200110024.873.05$305
Jul 20015823.933.20$185
Jun 200115024.563.82$574
May 200123825.524.31$1,025
Apr 200114624.685.34$779
Mar 200117324.545.38$930
Feb 200111227.755.77$646
Jan 20015027.478.40$420
Dec 200013926.889.12$1,268
Nov 20006432.215.66$362
Oct 200013231.235.15$679
Sep 200014831.875.19$768
Aug 200018929.644.54$858
Jul 200016228.534.09$663
Jun 200013529.304.40$594
May 200021027.263.68$773
Apr 200023124.513.12$720
Mar 200029428.422.86$841
Feb 200022927.622.73$624
Jan 200024325.272.48$603
Dec 199920124.282.42$487
Nov 199923223.192.43$565
Oct 199922220.982.80$622
Sep 199927021.752.62$707
Aug 199928519.262.88$820
Jul 199932417.892.37$769
Jun 199935215.942.36$831
May 199931215.792.32$724
Apr 199928015.102.21$618
Mar 199939112.471.84$719
Feb 19993659.981.82$663
Jan 199936610.381.90$695
Dec 19983969.201.77$702
Nov 199826110.892.19$570
Oct 199837312.421.97$735
Sep 199837112.592.08$773
Aug 199823811.301.91$454
Jul 199833511.742.24$749
Jun 199832711.242.24$732
May 199830212.622.21$666
Apr 199836513.042.51$914
Mar 199843512.802.31$1,005
Feb 199844513.952.30$1,023
Jan 199849514.702.15$1,067
Dec 199742516.322.41$1,025
Nov 199725818.193.09$797
Oct 199733319.253.15$1,049
Sep 199745417.742.95$1,342
Aug 199754617.862.55$1,395
Jul 199754817.582.25$1,231
Jun 199754617.242.26$1,232
May 199752318.972.31$1,207
Apr 199750417.882.08$1,050
Mar 199732618.951.94$632
Feb 19973920.492.21$86
Jan 199743923.483.54$1,554
Dec 199653523.32$0
Nov 199654821.97$0
Oct 199668423.31$0
Sep 199658622.22$0
Aug 199651020.26$0
Jul 199659719.55$0
Jun 199662618.73$0
May 199665819.43$0
Apr 199648221.51$0
Mar 199649619.38$0
Feb 199649716.98$0
Jan 199658817.07$0
Dec 199570517.19$0
Nov 199566316.00$0
Oct 199572815.43$0
Sep 199565416.18$0
Aug 199575515.92$0
Jul 199564315.24$0
Jun 199579516.41$0
May 199534717.56$0
Apr 199578217.73$0
Mar 199557116.44$0
Feb 199554916.58$0
Jan 199568715.92$0
Dec 199471415.03$0
Nov 199469715.90$0
Oct 199473915.58$0
Sep 199463915.29$0
Aug 199455416.13$0
Jul 199454717.56$0
Jun 199448117.09$0
May 199447715.88$0
Apr 199455414.14$0
Mar 199456212.46$0
Feb 199454412.50$0
Jan 199470012.66$0
Dec 199368312.33$0
Nov 199364714.49$0
Oct 199356515.85$0
Sep 199370215.03$0
Aug 199365215.66$0
Jul 199368715.46$0
Jun 199338316.79$0
May 199363417.68$0
Apr 199375218.05$0
Mar 199394718.14$0
Feb 199387217.90$0
Jan 199388016.93$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                  352 Mcf  × $  2.87 =     $1,010

────────────────────────────────────────────────────
Month total                                   $1,010

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/23559 is the state's own key, not one this site invented.