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 23569District 10Field 68831001NGPA filingGasSaveExport
Value, all time
$167 k
Jan 1993 – May 2026
Value, last 12 filed months
$3 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
GasProduction52,870 Mcf$166,743
Total$166,743

13,432 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 35.5255, -101.8691. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.52552, -101.86906 · 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

42-37500067B 70

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 20265398.932.87$152
Mar 20265489.753.15$170
Feb 20265063.503.75$188
Jan 20265759.138.00$456
Dec 20255856.664.41$256
Nov 20255658.593.93$220
Oct 20256059.383.30$198
Sep 20256062.743.08$185
Aug 20256563.933.01$196
Jul 20257366.743.32$242
Jun 20257966.483.13$247
May 20258360.553.23$268
Apr 20257862.363.54$276
Mar 20259367.704.27$397
Feb 20258370.884.34$360
Jan 202510574.324.28$449
Dec 20249868.993.12$306
Nov 20249269.052.20$202
Oct 20249871.372.28$224
Sep 20249869.612.36$232
Aug 202410575.632.06$217
Jul 202410979.932.15$234
Jun 202410578.082.63$277
May 202410678.812.20$233
Apr 202410284.451.66$169
Mar 202410780.301.55$165
Feb 20249976.091.78$177
Jan 202410673.023.30$350
Dec 202310371.262.61$269
Nov 202310077.892.81$281
Oct 202310285.443.09$315
Sep 202310389.042.74$282
Aug 202311380.522.67$302
Jul 20232774.852.64$71
Jun 202310968.962.26$246
May 202311270.622.23$249
Apr 202310978.122.24$244
Mar 202311272.852.39$268
Feb 202310275.112.47$252
Jan 20239876.533.39$332
Dec 202210176.415.73$579
Nov 20229885.005.65$553
Oct 20229087.185.86$528
Sep 20229584.888.16$776
Aug 202210094.529.13$913
Jul 2022106101.587.54$799
Jun 2022107115.097.98$854
May 202292109.378.43$776
Apr 202291104.226.84$622
Mar 2022107108.885.08$543
Feb 20229991.054.86$481
Jan 202211081.844.54$499
Dec 202110171.323.90$394
Nov 20219877.435.24$513
Oct 202110779.795.71$611
Sep 20218269.865.35$439
Aug 202111066.024.22$464
Jul 202110470.783.98$414
Jun 202110569.493.38$355
May 202112063.483.02$362
Apr 20216860.362.76$188
Mar 202111761.302.72$318
Feb 20215757.805.55$316
Jan 202111250.412.81$315
Dec 202011244.642.68$300
Nov 202010738.772.71$290
Oct 20209936.972.48$245
Sep 202011137.091.99$221
Aug 202011539.982.39$274
Jul 202011738.371.83$214
Jun 202011534.901.69$194
May 202010816.921.81$196
Apr 202012214.751.80$220
Mar 202012530.341.86$232
Feb 202012149.881.98$240
Jan 202012957.252.09$270
Dec 2019059.012.30$0
Nov 201912655.302.75$347
Oct 201913253.472.42$319
Sep 201913255.052.66$351
Aug 2019053.112.30$0
Jul 201913656.272.46$335
Jun 201913052.782.49$324
May 201913558.482.74$370
Apr 201913062.632.75$358
Mar 201911656.803.06$355
Feb 2019050.852.79$0
Jan 2019046.033.23$0
Dec 2018046.594.19$0
Nov 2018052.934.24$0
Oct 201816561.443.40$561
Sep 201818059.543.11$559
Aug 201818259.403.07$558
Jul 201819265.142.93$563
Jun 201811560.183.08$354
May 20188365.382.90$241
Apr 201810363.842.90$299
Mar 20183561.222.79$98
Feb 201813961.782.77$384
Jan 201816862.874.01$674
Dec 201719257.272.92$561
Nov 20177755.423.12$240
Oct 2017049.292.98$0
Sep 2017047.523.09$0
Aug 2017245.373.00$6
Jul 20175643.873.09$173
Jun 201715342.493.09$472
May 201718445.373.26$600
Apr 201715647.933.21$501
Mar 201715746.772.98$468
Feb 201715950.452.95$469
Jan 201717649.413.42$602
Dec 201616248.763.72$603
Nov 201619742.492.64$521
Oct 2016446.193.09$12
Sep 2016041.553.10$0
Aug 201617241.442.92$503
Jul 201619141.622.92$559
Jun 201617545.352.69$470
May 201617742.521.99$352
Apr 201617636.561.99$350
Mar 201618233.011.79$327
Feb 201616026.472.06$330
Jan 201617627.352.36$416
Dec 201517832.362.00$356
Nov 201517938.792.17$388
Oct 201518843.552.43$456
Sep 201518542.992.76$510
Aug 201518640.162.87$534
Jul 201518348.152.95$539
Jun 201518456.152.88$530
May 20159455.212.96$278
Apr 201517449.822.71$471
Mar 201518042.892.93$528
Feb 201514844.662.98$440
Jan 201517743.433.10$549
Dec 201418154.693.59$650
Nov 201417870.464.25$757
Oct 201418278.303.90$710
Sep 201416486.164.05$663
Aug 201411189.394.04$448
Jul 201418696.564.18$777
Jun 201417598.164.74$829
May 201418194.734.73$856
Apr 201417495.944.81$837
Mar 201417795.895.06$895
Feb 201415197.406.19$935
Jan 201418090.404.86$875
Dec 201318191.824.35$788
Nov 201317688.853.74$658
Oct 201318997.423.78$714
Sep 2013183104.113.72$680
Aug 2013188104.253.52$662
Jul 2013188102.523.72$699
Jun 201318694.403.93$732
May 201310394.834.15$427
Apr 201317293.964.28$737
Mar 201317993.623.91$700
Feb 201316291.233.42$554
Jan 201317891.603.42$609
Dec 201218486.773.42$629
Nov 201218586.953.62$671
Oct 201218689.383.40$632
Sep 201218394.672.92$534
Aug 201218892.662.91$547
Jul 201218685.133.02$562
Jun 201218279.822.52$458
May 201216891.612.49$418
Apr 2012176101.652.00$351
Mar 2012180105.052.22$400
Feb 2012166101.102.57$427
Jan 201218098.092.73$492
Dec 201118396.873.24$593
Nov 201118495.723.31$609
Oct 201119484.983.65$708
Sep 201118983.623.99$753
Aug 201119983.404.15$826
Jul 201118494.144.52$831
Jun 201119492.904.64$900
May 201120398.134.40$894
Apr 2011191105.964.33$828
Mar 201119296.364.06$779
Feb 201116685.644.18$694
Jan 201119486.504.59$890
Dec 201020385.734.35$883
Nov 201019080.843.80$721
Oct 201020678.103.51$723
Sep 201019872.633.98$788
Aug 201020673.684.42$910
Jul 201020672.554.74$976
Jun 201019370.364.91$948
May 201019371.124.24$817
Apr 201019481.694.12$800
Mar 201019878.394.39$869
Feb 201017673.585.44$958
Jan 201019774.365.96$1,175
Dec 200920071.445.48$1,097
Nov 200920974.593.75$784
Oct 200921372.544.11$875
Sep 200921065.543.06$644
Aug 200921167.423.22$679
Jul 200921761.133.46$752
Jun 200921166.163.90$822
May 200920854.743.93$817
Apr 200920046.773.59$718
Mar 200920442.144.06$828
Feb 200918332.814.63$848
Jan 200920335.865.37$1,090
Dec 200820537.105.98$1,225
Nov 200820455.496.86$1,400
Oct 200822275.246.92$1,537
Sep 2008218101.767.88$1,717
Aug 2008224114.228.48$1,900
Jul 2008222131.0811.39$2,528
Jun 2008216131.3313.03$2,815
May 2008216123.1711.57$2,500
Apr 2008211110.3110.45$2,206
Mar 2008220101.909.66$2,126
Feb 200820392.538.77$1,780
Jan 200821790.388.21$1,781
Dec 200722588.337.30$1,643
Nov 200722591.677.29$1,641
Oct 200723382.856.92$1,613
Sep 200723275.846.24$1,449
Aug 200724469.066.39$1,559
Jul 200724170.906.39$1,539
Jun 200724862.007.55$1,872
May 200723958.747.85$1,875
Apr 200724459.617.81$1,904
Mar 200721756.927.30$1,585
Feb 200720255.108.22$1,660
Jan 200725750.306.73$1,729
Dec 200625556.656.92$1,764
Nov 200623854.207.62$1,813
Oct 200624754.906.01$1,485
Sep 200622060.085.04$1,108
Aug 200633168.717.34$2,430
Jul 200636969.376.34$2,340
Jun 200633366.286.38$2,126
May 200620366.016.42$1,304
Apr 2006064.397.36$0
Mar 2006056.707.08$0
Feb 2006057.597.75$0
Jan 2006060.598.93$0
Dec 2005054.9413.42$0
Nov 2005054.6910.59$0
Oct 2005058.3413.80$0
Sep 2005061.4512.08$0
Aug 2005061.519.80$0
Jul 2005055.697.84$0
Jun 2005052.337.38$0
May 2005045.226.65$0
Apr 2005049.207.36$0
Mar 2005050.377.15$0
Feb 2005045.226.31$0
Jan 2005043.166.32$0
Dec 2004039.866.75$0
Nov 2004045.286.33$0
Oct 2004049.706.52$0
Sep 2004043.245.28$0
Aug 2004042.375.55$0
Jul 2004038.286.08$0
Jun 2004036.106.43$0
May 2004037.486.49$0
Apr 2004034.475.86$0
Mar 2004034.365.53$0
Feb 2004032.455.51$0
Jan 2004032.036.30$0
Dec 2003030.266.30$0
Nov 2003028.804.60$0
Oct 2003028.174.76$0
Sep 2003026.314.75$0
Aug 2003029.765.13$0
Jul 2003029.415.17$0
Jun 2003028.565.98$0
May 2003026.595.97$0
Apr 2003026.675.41$0
Mar 2003031.146.10$0
Feb 2003033.487.93$0
Jan 2003030.315.58$0
Dec 2002026.914.85$0
Nov 2002024.664.14$0
Oct 2002026.464.23$0
Sep 2002027.443.64$0
Aug 2002025.963.16$0
Jul 2002024.583.06$0
Jun 2002023.733.34$0
May 2002024.663.58$0
Apr 2002023.653.51$0
Mar 2002022.003.10$0
Feb 2002018.222.38$0
Jan 2002017.172.38$0
Dec 2001016.932.36$0
Nov 2001018.072.41$0
Oct 2001019.782.53$0
Sep 2001024.262.25$0
Aug 2001024.873.05$0
Jul 2001023.933.20$0
Jun 2001024.563.82$0
May 2001025.524.31$0
Apr 2001024.685.34$0
Mar 2001024.545.38$0
Feb 2001027.755.77$0
Jan 2001027.478.40$0
Dec 2000026.889.12$0
Nov 2000032.215.66$0
Oct 2000031.235.15$0
Sep 2000031.875.19$0
Aug 2000029.644.54$0
Jul 2000028.534.09$0
Jun 2000029.304.40$0
May 2000027.263.68$0
Apr 2000024.513.12$0
Mar 2000028.422.86$0
Feb 2000027.622.73$0
Jan 2000025.272.48$0
Dec 1999024.282.42$0
Nov 1999023.192.43$0
Oct 1999020.982.80$0
Sep 1999021.752.62$0
Aug 1999019.262.88$0
Jul 1999017.892.37$0
Jun 1999015.942.36$0
May 1999015.792.32$0
Apr 1999015.102.21$0
Mar 1999012.471.84$0
Feb 199909.981.82$0
Jan 1999010.381.90$0
Dec 199809.201.77$0
Nov 1998010.892.19$0
Oct 1998012.421.97$0
Sep 1998012.592.08$0
Aug 19983111.301.91$59
Jul 19982711.742.24$60
Jun 19988711.242.24$195
May 199814012.622.21$309
Apr 199812413.042.51$311
Mar 199827212.802.31$628
Feb 199820613.952.30$474
Jan 199812914.702.15$278
Dec 199718316.322.41$441
Nov 19979418.193.09$290
Oct 199721619.253.15$680
Sep 199726017.742.95$768
Aug 199728717.862.55$733
Jul 199728017.582.25$629
Jun 199737517.242.26$846
May 199732318.972.31$746
Apr 199725017.882.08$521
Mar 199714418.951.94$279
Feb 199715220.492.21$335
Jan 19976723.483.54$237
Dec 19966423.32$0
Nov 199612021.97$0
Oct 199621923.31$0
Sep 199618622.22$0
Aug 199628820.26$0
Jul 199637719.55$0
Jun 199641218.73$0
May 199636319.43$0
Apr 199639721.51$0
Mar 199621619.38$0
Feb 199622816.98$0
Jan 199620717.07$0
Dec 199524517.19$0
Nov 199531716.00$0
Oct 199532415.43$0
Sep 199526716.18$0
Aug 199520115.92$0
Jul 199527815.24$0
Jun 199537116.41$0
May 199534117.56$0
Apr 199540617.73$0
Mar 199529016.44$0
Feb 199524616.58$0
Jan 199523915.92$0
Dec 199427615.03$0
Nov 199435815.90$0
Oct 199457815.58$0
Sep 199442915.29$0
Aug 199441816.13$0
Jul 199441317.56$0
Jun 199425617.09$0
May 199436315.88$0
Apr 199418114.14$0
Mar 199421112.46$0
Feb 199414412.50$0
Jan 199413812.66$0
Dec 199319212.33$0
Nov 19939814.49$0
Oct 199323515.85$0
Sep 199331815.03$0
Aug 199340915.66$0
Jul 199339415.46$0
Jun 199340516.79$0
May 199334617.68$0
Apr 199329318.05$0
Mar 199316518.14$0
Feb 19939817.90$0
Jan 199311216.93$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                   53 Mcf  × $  2.87 =       $152

────────────────────────────────────────────────────
Month total                                     $152

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/23569 is the state's own key, not one this site invented.