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 23567District 10Field 68831001NGPA filingGasSaveExport
Value, all time
$2.8 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
GasProduction719,096 Mcf$2,805,028
Total$2,805,028

179,193 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 35.5785, -101.8717. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.57849, -101.87166 · 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
Sep 2002
1 of 1 wells

1 well

42-37500451B 68Sep 2002

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 202636598.932.87$1,047
Mar 202636289.753.15$1,140
Feb 202633463.503.75$1,253
Jan 202636459.138.00$2,911
Dec 202536756.664.41$1,620
Nov 202536258.593.93$1,421
Oct 202537559.383.30$1,239
Sep 202536462.743.08$1,120
Aug 202536063.933.01$1,085
Jul 202537666.743.32$1,247
Jun 202536266.483.13$1,133
May 202537660.553.23$1,215
Apr 202536662.363.54$1,297
Mar 202535967.704.27$1,532
Feb 202525870.884.34$1,120
Jan 202537074.324.28$1,583
Dec 202436968.993.12$1,152
Nov 202436069.052.20$791
Oct 202437071.372.28$844
Sep 202436169.612.36$854
Aug 202436675.632.06$755
Jul 202438279.932.15$820
Jun 202437578.082.63$988
May 202439778.812.20$873
Apr 202437484.451.66$621
Mar 202437780.301.55$583
Feb 202435776.091.78$637
Jan 202437773.023.30$1,243
Dec 202339971.262.61$1,042
Nov 202339477.892.81$1,106
Oct 202341485.443.09$1,278
Sep 202340089.042.74$1,094
Aug 202341180.522.67$1,099
Jul 202326974.852.64$711
Jun 202337468.962.26$845
May 202339670.622.23$882
Apr 202339778.122.24$888
Mar 202318972.852.39$452
Feb 202324575.112.47$604
Jan 202333376.533.39$1,128
Dec 202232076.415.73$1,833
Nov 202233085.005.65$1,863
Oct 202232687.185.86$1,912
Sep 202234484.888.16$2,808
Aug 202233394.529.13$3,039
Jul 2022351101.587.54$2,647
Jun 2022313115.097.98$2,497
May 2022276109.378.43$2,328
Apr 2022303104.226.84$2,072
Mar 2022221108.885.08$1,122
Feb 202224691.054.86$1,195
Jan 202232981.844.54$1,493
Dec 202137571.323.90$1,462
Nov 202136577.435.24$1,911
Oct 202129479.795.71$1,680
Sep 202134269.865.35$1,830
Aug 202136666.024.22$1,545
Jul 202137070.783.98$1,473
Jun 202135369.493.38$1,193
May 202118563.483.02$558
Apr 202119960.362.76$549
Mar 202130061.302.72$815
Feb 202119157.805.55$1,060
Jan 202137650.412.81$1,057
Dec 202038944.642.68$1,041
Nov 202040038.772.71$1,083
Oct 202036436.972.48$902
Sep 202041637.091.99$828
Aug 202040639.982.39$968
Jul 202045938.371.83$838
Jun 202017634.901.69$297
May 2020016.921.81$0
Apr 202034714.751.80$626
Mar 202040530.341.86$752
Feb 202032449.881.98$642
Jan 202037757.252.09$790
Dec 2019059.012.30$0
Nov 201935655.302.75$979
Oct 201942553.472.42$1,028
Sep 201943255.052.66$1,148
Aug 2019053.112.30$0
Jul 201943256.272.46$1,063
Jun 201940252.782.49$1,001
May 201941458.482.74$1,134
Apr 201938862.632.75$1,067
Mar 201939156.803.06$1,197
Feb 2019050.852.79$0
Jan 2019046.033.23$0
Dec 2018046.594.19$0
Nov 2018052.934.24$0
Oct 201849361.443.40$1,675
Sep 201848159.543.11$1,495
Aug 201849459.403.07$1,515
Jul 201850965.142.93$1,492
Jun 201850360.183.08$1,548
May 201850165.382.90$1,453
Apr 201848763.842.90$1,413
Mar 201810561.222.79$293
Feb 201838161.782.77$1,054
Jan 2018062.874.01$0
Dec 201740557.272.92$1,183
Nov 201750455.423.12$1,572
Oct 201729249.292.98$871
Sep 201726747.523.09$824
Aug 201732345.373.00$970
Jul 201730443.873.09$939
Jun 201749642.493.09$1,531
May 201746545.373.26$1,517
Apr 201747347.933.21$1,519
Mar 201748346.772.98$1,441
Feb 201743250.452.95$1,276
Jan 201747849.413.42$1,634
Dec 201645348.763.72$1,686
Nov 201647942.492.64$1,267
Oct 201650146.193.09$1,548
Sep 201645741.553.10$1,417
Aug 201638441.442.92$1,123
Jul 201655441.622.92$1,620
Jun 201651645.352.69$1,386
May 201650642.521.99$1,007
Apr 201653236.561.99$1,059
Mar 201653933.011.79$967
Feb 201648326.472.06$997
Jan 201652927.352.36$1,251
Dec 201551632.362.00$1,033
Nov 201550538.792.17$1,095
Oct 201554243.552.43$1,315
Sep 201554342.992.76$1,498
Aug 201554840.162.87$1,574
Jul 201554748.152.95$1,611
Jun 201553056.152.88$1,528
May 201542555.212.96$1,256
Apr 201552949.822.71$1,432
Mar 201557542.892.93$1,687
Feb 201533744.662.98$1,003
Jan 201554743.433.10$1,696
Dec 201453954.693.59$1,936
Nov 201453270.464.25$2,262
Oct 201451378.303.90$2,001
Sep 201448986.164.05$1,978
Aug 201437989.394.04$1,529
Jul 201465196.564.18$2,721
Jun 201462698.164.74$2,965
May 201465294.734.73$3,082
Apr 201462695.944.81$3,011
Mar 201463995.895.06$3,231
Feb 201453097.406.19$3,282
Jan 201463790.404.86$3,096
Dec 201363391.824.35$2,756
Nov 201363488.853.74$2,370
Oct 201367397.423.78$2,544
Sep 2013664104.113.72$2,469
Aug 2013692104.253.52$2,438
Jul 2013694102.523.72$2,580
Jun 201368694.403.93$2,698
May 201364594.834.15$2,676
Apr 201369093.964.28$2,955
Mar 201372093.623.91$2,817
Feb 201365091.233.42$2,223
Jan 201370791.603.42$2,418
Dec 201272886.773.42$2,490
Nov 201272286.953.62$2,617
Oct 201268789.383.40$2,336
Sep 201272894.672.92$2,125
Aug 201274592.662.91$2,167
Jul 201274885.133.02$2,260
Jun 201269679.822.52$1,753
May 201272091.612.49$1,792
Apr 2012753101.652.00$1,504
Mar 2012777105.052.22$1,727
Feb 2012714101.102.57$1,835
Jan 201274898.092.73$2,045
Dec 201173796.873.24$2,388
Nov 201175195.723.31$2,487
Oct 201179584.983.65$2,901
Sep 201178283.623.99$3,117
Aug 201183083.404.15$3,444
Jul 201177294.144.52$3,487
Jun 201181392.904.64$3,772
May 201184198.134.40$3,704
Apr 2011754105.964.33$3,267
Mar 201183296.364.06$3,376
Feb 201176585.644.18$3,198
Jan 201184086.504.59$3,855
Dec 201081285.734.35$3,530
Nov 201083380.843.80$3,162
Oct 201088278.103.51$3,095
Sep 201087872.633.98$3,494
Aug 201090073.684.42$3,977
Jul 201091872.554.74$4,348
Jun 201071870.364.91$3,526
May 201083771.124.24$3,545
Apr 20101,10281.694.12$4,543
Mar 20101,12678.394.39$4,942
Feb 201099673.585.44$5,421
Jan 20101,12074.365.96$6,680
Dec 20091,16771.445.48$6,400
Nov 20091,15974.593.75$4,348
Oct 20091,17872.544.11$4,842
Sep 20091,16465.543.06$3,567
Aug 20091,23067.423.22$3,959
Jul 20091,25361.133.46$4,341
Jun 200990166.163.90$3,509
May 20091,41554.743.93$5,555
Apr 20091,42246.773.59$5,101
Mar 20091,45242.144.06$5,894
Feb 20091,29932.814.63$6,018
Jan 20091,47535.865.37$7,922
Dec 20081,47337.105.98$8,804
Nov 20081,47855.496.86$10,140
Oct 20081,53275.246.92$10,604
Sep 20081,543101.767.88$12,154
Aug 20081,560114.228.48$13,234
Jul 20081,595131.0811.39$18,166
Jun 20081,683131.3313.03$21,934
May 20081,677123.1711.57$19,410
Apr 20081,652110.3110.45$17,271
Mar 20081,675101.909.66$16,187
Feb 20081,51492.538.77$13,279
Jan 20081,56590.388.21$12,842
Dec 20071,67288.337.30$12,209
Nov 20071,84091.677.29$13,417
Oct 20072,00982.856.92$13,906
Sep 20072,07575.846.24$12,957
Aug 20072,23269.066.39$14,258
Jul 20072,26470.906.39$14,462
Jun 20072,18162.007.55$16,463
May 20072,13858.747.85$16,775
Apr 20072,24359.617.81$17,507
Mar 20072,32056.927.30$16,941
Feb 20072,05555.108.22$16,884
Jan 20072,08650.306.73$14,032
Dec 20061,98056.656.92$13,699
Nov 20062,55654.207.62$19,470
Oct 20062,84854.906.01$17,127
Sep 20062,58860.085.04$13,036
Aug 20062,78268.717.34$20,420
Jul 20063,10169.376.34$19,669
Jun 20062,93266.286.38$18,718
May 20062,90166.016.42$18,639
Apr 20063,08464.397.36$22,700
Mar 20063,12056.707.08$22,099
Feb 20062,88457.597.75$22,354
Jan 20063,20560.598.93$28,631
Dec 20053,32154.9413.42$44,553
Nov 20053,36454.6910.59$35,619
Oct 20053,53758.3413.80$48,796
Sep 20053,56461.4512.08$43,050
Aug 20053,66161.519.80$35,866
Jul 20053,84455.697.84$30,151
Jun 20053,28552.337.38$24,247
May 20051,88645.226.65$12,544
Apr 20053,55049.207.36$26,130
Mar 20053,86150.377.15$27,625
Feb 20052,69545.226.31$17,011
Jan 20051,75343.166.32$11,083
Dec 20043,70939.866.75$25,040
Nov 20043,84945.286.33$24,366
Oct 20044,17349.706.52$27,188
Sep 20044,14043.245.28$21,875
Aug 20044,44742.375.55$24,684
Jul 20044,48438.286.08$27,281
Jun 20044,49836.106.43$28,936
May 20044,18137.486.49$27,154
Apr 20042,48534.475.86$14,558
Mar 20046,80734.365.53$37,644
Feb 20044,30432.455.51$23,713
Jan 20046,21432.036.30$39,146
Dec 20035,53530.266.30$34,880
Nov 20036,13328.804.60$28,182
Oct 20036,84428.174.76$32,575
Sep 20036,82926.314.75$32,433
Aug 20037,68629.765.13$39,427
Jul 20038,70229.415.17$44,997
Jun 20037,57128.565.98$45,297
May 20037,99126.595.97$47,728
Apr 20038,80226.675.41$47,595
Mar 20038,91531.146.10$54,346
Feb 20039,46933.487.93$75,050
Jan 200311,10330.315.58$61,977
Dec 200211,07426.914.85$53,751
Nov 200212,81724.664.14$53,023
Oct 200216,89226.464.23$71,438
Sep 20023,20127.443.64$11,636
Aug 2002025.963.16$0
Jul 200281624.583.06$2,498
Jun 20021,49423.733.34$4,987
May 20021,88324.663.58$6,749
Apr 20021,87523.653.51$6,586
Mar 20022,04322.003.10$6,339
Feb 20021,77518.222.38$4,217
Jan 20021,85117.172.38$4,397
Dec 20011,97716.932.36$4,674
Nov 20011,92218.072.41$4,623
Oct 20011,99619.782.53$5,048
Sep 20011,93924.262.25$4,365
Aug 20012,17024.873.05$6,625
Jul 20012,22123.933.20$7,101
Jun 20012,12724.563.82$8,134
May 20012,17225.524.31$9,356
Apr 20012,22224.685.34$11,855
Mar 20012,10624.545.38$11,323
Feb 20012,11027.755.77$12,169
Jan 20012,13327.478.40$17,915
Dec 20002,58826.889.12$23,609
Nov 20002,29332.215.66$12,974
Oct 20002,43531.235.15$12,529
Sep 20002,46431.875.19$12,780
Aug 20002,54929.644.54$11,574
Jul 20002,63128.534.09$10,760
Jun 20002,41729.304.40$10,628
May 20002,92127.263.68$10,749
Apr 20002,71924.513.12$8,472
Mar 20002,89328.422.86$8,273
Feb 20003,50827.622.73$9,565
Jan 20001,02825.272.48$2,550
Dec 199965224.282.42$1,580
Nov 19991,26123.192.43$3,069
Oct 19991,41720.982.80$3,973
Sep 19991,41221.752.62$3,698
Aug 19991,46019.262.88$4,198
Jul 19991,55117.892.37$3,680
Jun 199962315.942.36$1,472
May 199989615.792.32$2,080
Apr 199941715.102.21$921
Mar 199929412.471.84$540
Feb 19993199.981.82$580
Jan 199924010.381.90$456
Dec 19983399.201.77$601
Nov 19981,33910.892.19$2,927
Oct 19981,64012.421.97$3,230
Sep 19981,40012.592.08$2,916
Aug 19981,47011.301.91$2,804
Jul 19981,55411.742.24$3,477
Jun 19981,04011.242.24$2,327
May 19981,07112.622.21$2,363
Apr 19981,37713.042.51$3,450
Mar 19981,73412.802.31$4,005
Feb 19981,12713.952.30$2,591
Jan 19981,61814.702.15$3,486
Dec 19971,84016.322.41$4,436
Nov 19972,51018.193.09$7,752
Oct 19971,97819.253.15$6,230
Sep 19972,31117.742.95$6,829
Aug 19972,52417.862.55$6,448
Jul 19972,30517.582.25$5,179
Jun 19972,76717.242.26$6,246
May 19972,33918.972.31$5,400
Apr 19972,19517.882.08$4,572
Mar 19972,16618.951.94$4,200
Feb 19972,33120.492.21$5,142
Jan 19972,40323.483.54$8,506
Dec 19962,47823.32$0
Nov 19962,26021.97$0
Oct 19962,72223.31$0
Sep 19962,15922.22$0
Aug 19962,73720.26$0
Jul 19963,05119.55$0
Jun 19963,28718.73$0
May 19963,44819.43$0
Apr 19963,29721.51$0
Mar 19963,92819.38$0
Feb 19963,60116.98$0
Jan 19963,33517.07$0
Dec 19953,52817.19$0
Nov 19953,39516.00$0
Oct 19953,56615.43$0
Sep 19953,18116.18$0
Aug 19953,67615.92$0
Jul 19953,60715.24$0
Jun 19953,40916.41$0
May 19953,03017.56$0
Apr 19952,86817.73$0
Mar 19953,38016.44$0
Feb 19952,46316.58$0
Jan 19952,83415.92$0
Dec 19943,22915.03$0
Nov 19943,97615.90$0
Oct 19944,47615.58$0
Sep 19944,12815.29$0
Aug 19944,21416.13$0
Jul 19944,17517.56$0
Jun 19943,66817.09$0
May 19942,86415.88$0
Apr 19944,09114.14$0
Mar 19945,22712.46$0
Feb 19944,43312.50$0
Jan 19944,53812.66$0
Dec 19934,12912.33$0
Nov 19934,22314.49$0
Oct 19934,25315.85$0
Sep 19934,34115.03$0
Aug 19934,64815.66$0
Jul 19934,16115.46$0
Jun 19934,87216.79$0
May 19935,28317.68$0
Apr 19935,09118.05$0
Mar 19934,95718.14$0
Feb 19934,07017.90$0
Jan 19934,90616.93$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                  365 Mcf  × $  2.87 =     $1,047

────────────────────────────────────────────────────
Month total                                   $1,047

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/23567 is the state's own key, not one this site invented.