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 23573District 10Field 68831001GasSaveExport
Value, all time
$2.5 M
Jan 1993 – May 2026
Value, last 12 filed months
$40 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.

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
GasProduction865,712 Mcf$2,513,585
Total$2,513,585

272,755 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 35.5948, -101.8263. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.59477, -101.82632 · 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
3,153 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 3,153 ft.

Completions filed
Jul 2006
1 of 1 wells

1 well

42-37500338B 743,153 ftJul 2006

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 20261,09198.932.87$3,131
Mar 20261,12989.753.15$3,556
Feb 202693363.503.75$3,499
Jan 20261,04959.138.00$8,390
Dec 20251,07356.664.41$4,736
Nov 202593258.593.93$3,659
Oct 202581259.383.30$2,684
Sep 202583662.743.08$2,572
Aug 202574063.933.01$2,231
Jul 202590466.743.32$2,997
Jun 202586266.483.13$2,697
May 202584160.553.23$2,718
Apr 202589962.363.54$3,185
Mar 202578667.704.27$3,355
Feb 202583070.884.34$3,603
Jan 202594574.324.28$4,043
Dec 202498368.993.12$3,068
Nov 202498269.052.20$2,159
Oct 20241,08071.372.28$2,464
Sep 20241,04569.612.36$2,471
Aug 20241,08875.632.06$2,245
Jul 20241,13279.932.15$2,430
Jun 20241,11678.082.63$2,940
May 20241,13978.812.20$2,504
Apr 20241,11284.451.66$1,845
Mar 202460780.301.55$938
Feb 202459776.091.78$1,065
Jan 202461973.023.30$2,041
Dec 202371371.262.61$1,861
Nov 202369977.892.81$1,962
Oct 202375785.443.09$2,337
Sep 202372189.042.74$1,972
Aug 202380980.522.67$2,162
Jul 202359674.852.64$1,575
Jun 202380368.962.26$1,814
May 202368370.622.23$1,521
Apr 202382678.122.24$1,848
Mar 202388572.852.39$2,118
Feb 202377175.112.47$1,901
Jan 202392776.533.39$3,140
Dec 202296476.415.73$5,523
Nov 202295585.005.65$5,392
Oct 202298887.185.86$5,793
Sep 202291084.888.16$7,429
Aug 202299494.529.13$9,072
Jul 20221,065101.587.54$8,032
Jun 20221,073115.097.98$8,560
May 20221,158109.378.43$9,765
Apr 20221,111104.226.84$7,597
Mar 2022425108.885.08$2,157
Feb 202254891.054.86$2,663
Jan 202258581.844.54$2,655
Dec 202181371.323.90$3,170
Nov 202188677.435.24$4,640
Oct 202195179.795.71$5,434
Sep 202195169.865.35$5,089
Aug 202199866.024.22$4,212
Jul 202192570.783.98$3,683
Jun 20211,01569.493.38$3,431
May 20211,17163.483.02$3,534
Apr 202162460.362.76$1,721
Mar 20211,13561.302.72$3,084
Feb 202148457.805.55$2,685
Jan 20211,09950.412.81$3,088
Dec 20201,22244.642.68$3,269
Nov 20201,08738.772.71$2,942
Oct 20201,04436.972.48$2,587
Sep 20201,23237.091.99$2,453
Aug 20201,15339.982.39$2,750
Jul 202083138.371.83$1,517
Jun 202049934.901.69$843
May 202055816.921.81$1,013
Apr 202047214.751.80$852
Mar 202048630.341.86$902
Feb 202051849.881.98$1,026
Jan 202046357.252.09$970
Dec 2019059.012.30$0
Nov 201964855.302.75$1,782
Oct 201965153.472.42$1,574
Sep 201965155.052.66$1,730
Aug 2019053.112.30$0
Jul 201972656.272.46$1,786
Jun 201976452.782.49$1,903
May 201984358.482.74$2,310
Apr 201950662.632.75$1,392
Mar 201990056.803.06$2,756
Feb 2019050.852.79$0
Jan 2019046.033.23$0
Dec 2018046.594.19$0
Nov 2018052.934.24$0
Oct 20181,04261.443.40$3,541
Sep 20181,06959.543.11$3,322
Aug 20181,28259.403.07$3,931
Jul 20181,30665.142.93$3,829
Jun 20181,27560.183.08$3,923
May 20181,39765.382.90$4,052
Apr 20181,38863.842.90$4,026
Mar 201836061.222.79$1,003
Feb 20181,22061.782.77$3,375
Jan 20181,37862.874.01$5,525
Dec 20171,26657.272.92$3,699
Nov 20171,51855.423.12$4,734
Oct 201716849.292.98$501
Sep 201780447.523.09$2,482
Aug 201717545.373.00$526
Jul 201737543.873.09$1,158
Jun 201775342.493.09$2,325
May 20171,12545.373.26$3,671
Apr 201796947.933.21$3,112
Mar 20171,12446.772.98$3,354
Feb 201793150.452.95$2,749
Jan 201792049.413.42$3,145
Dec 201620648.763.72$767
Nov 201677342.492.64$2,044
Oct 201677446.193.09$2,392
Sep 20163241.553.10$99
Aug 201639141.442.92$1,143
Jul 201659541.622.92$1,740
Jun 201659045.352.69$1,585
May 201657042.521.99$1,135
Apr 201656736.561.99$1,129
Mar 201658933.011.79$1,057
Feb 201636726.472.06$757
Jan 201641927.352.36$991
Dec 201572032.362.00$1,441
Nov 20151,41538.792.17$3,067
Oct 20151,50943.552.43$3,662
Sep 20151,55842.992.76$4,298
Aug 20151,52640.162.87$4,383
Jul 20151,56348.152.95$4,603
Jun 20151,54156.152.88$4,442
May 20151,20055.212.96$3,547
Apr 20151,55349.822.71$4,203
Mar 20151,32442.892.93$3,886
Feb 201580144.662.98$2,384
Jan 20151,24443.433.10$3,857
Dec 20141,40854.693.59$5,057
Nov 201479170.464.25$3,363
Oct 20141,43778.303.90$5,606
Sep 20148086.164.05$324
Aug 201485089.394.04$3,430
Jul 20141,47196.564.18$6,148
Jun 20141,47798.164.74$6,996
May 20141,44394.734.73$6,820
Apr 20141,48495.944.81$7,137
Mar 20141,52895.895.06$7,727
Feb 20141,22197.406.19$7,560
Jan 20141,51590.404.86$7,364
Dec 20131,48891.824.35$6,479
Nov 20131,47388.853.74$5,506
Oct 20131,55897.423.78$5,888
Sep 20131,526104.113.72$5,673
Aug 20131,592104.253.52$5,608
Jul 20131,483102.523.72$5,513
Jun 20131,53794.403.93$6,046
May 20131,24794.834.15$5,174
Apr 20131,51693.964.28$6,492
Mar 20131,58593.623.91$6,202
Feb 20131,52791.233.42$5,222
Jan 20131,71591.603.42$5,865
Dec 20121,73286.773.42$5,924
Nov 20121,70186.953.62$6,166
Oct 20121,73289.383.40$5,888
Sep 20121,66494.672.92$4,856
Aug 20121,74392.662.91$5,069
Jul 20121,76685.133.02$5,335
Jun 20121,78679.822.52$4,499
May 20121,37591.612.49$3,421
Apr 20121,703101.652.00$3,401
Mar 20121,792105.052.22$3,982
Feb 20121,642101.102.57$4,220
Jan 20121,77898.092.73$4,861
Dec 20111,80996.873.24$5,861
Nov 20111,76895.723.31$5,854
Oct 20111,81584.983.65$6,622
Sep 20111,76083.623.99$7,015
Aug 20111,81983.404.15$7,548
Jul 20111,67794.144.52$7,575
Jun 20111,78492.904.64$8,278
May 20111,94698.134.40$8,572
Apr 20111,710105.964.33$7,410
Mar 20111,91396.364.06$7,762
Feb 20111,64385.644.18$6,868
Jan 20111,92686.504.59$8,838
Dec 20101,88785.734.35$8,204
Nov 20101,92680.843.80$7,310
Oct 20102,03378.103.51$7,134
Sep 20102,04772.633.98$8,146
Aug 20102,14573.684.42$9,480
Jul 20102,23072.554.74$10,562
Jun 20102,16770.364.91$10,641
May 20101,57271.124.24$6,658
Apr 20102,09081.694.12$8,616
Mar 20102,16278.394.39$9,488
Feb 20101,82773.585.44$9,943
Jan 20102,26374.365.96$13,497
Dec 20092,22271.445.48$12,185
Nov 20092,27374.593.75$8,527
Oct 20092,20572.544.11$9,063
Sep 20092,31365.543.06$7,089
Aug 20092,36767.423.22$7,618
Jul 20092,31161.133.46$8,006
Jun 20091,87766.163.90$7,311
May 20092,39054.743.93$9,383
Apr 20092,44046.773.59$8,754
Mar 20092,34542.144.06$9,518
Feb 20092,26432.814.63$10,489
Jan 20092,50735.865.37$13,465
Dec 20082,49837.105.98$14,931
Nov 20082,40555.496.86$16,499
Oct 20082,38875.246.92$16,530
Sep 20082,417101.767.88$19,039
Aug 20082,503114.228.48$21,233
Jul 20082,519131.0811.39$28,690
Jun 20082,461131.3313.03$32,073
May 20082,470123.1711.57$28,589
Apr 20082,418110.3110.45$25,280
Mar 20082,502101.909.66$24,180
Feb 20082,45392.538.77$21,514
Jan 20082,55390.388.21$20,949
Dec 20072,56088.337.30$18,693
Nov 20072,59891.677.29$18,944
Oct 20072,76682.856.92$19,146
Sep 20072,67975.846.24$16,728
Aug 20072,78869.066.39$17,810
Jul 20072,66670.906.39$17,030
Jun 20072,57562.007.55$19,437
May 20072,68658.747.85$21,075
Apr 20072,72659.617.81$21,277
Mar 20072,82056.927.30$20,592
Feb 20072,60055.108.22$21,362
Jan 20073,01350.306.73$20,268
Dec 20062,86256.656.92$19,801
Nov 20063,16354.207.62$24,094
Oct 20062,99054.906.01$17,981
Sep 20062,88460.085.04$14,527
Aug 20063,28268.717.34$24,090
Jul 20068169.376.34$514
Jun 2006066.286.38$0
May 200627266.016.42$1,748
Apr 200674764.397.36$5,498
Mar 200697956.707.08$6,934
Feb 20061,01757.597.75$7,883
Jan 20061,13560.598.93$10,139
Dec 20051,08354.9413.42$14,529
Nov 20051,09554.6910.59$11,594
Oct 20051,21758.3413.80$16,789
Sep 20051,18161.4512.08$14,265
Aug 20051,16061.519.80$11,364
Jul 200590855.697.84$7,122
Jun 2005052.337.38$0
May 200562945.226.65$4,184
Apr 20051,13949.207.36$8,384
Mar 20051,19750.377.15$8,564
Feb 20051,07945.226.31$6,811
Jan 20051,19643.166.32$7,561
Dec 20041,22439.866.75$8,263
Nov 20041,26245.286.33$7,989
Oct 20041,39749.706.52$9,102
Sep 20041,40143.245.28$7,403
Aug 20041,48242.375.55$8,226
Jul 20041,45638.286.08$8,859
Jun 20041,52436.106.43$9,804
May 20041,35537.486.49$8,800
Apr 20041,53734.475.86$9,004
Mar 20041,67434.365.53$9,257
Feb 20041,54232.455.51$8,496
Jan 20041,67232.036.30$10,533
Dec 20031,59630.266.30$10,057
Nov 20031,58828.804.60$7,297
Oct 20031,67028.174.76$7,949
Sep 20031,66226.314.75$7,893
Aug 20031,72329.765.13$8,839
Jul 20031,76629.415.17$9,132
Jun 20031,52328.565.98$9,112
May 20031,85626.595.97$11,085
Apr 20031,82526.675.41$9,868
Mar 20031,83731.146.10$11,198
Feb 20031,69033.487.93$13,395
Jan 20031,85330.315.58$10,344
Dec 20021,86026.914.85$9,028
Nov 20021,87324.664.14$7,749
Oct 20021,93426.464.23$8,179
Sep 20021,99127.443.64$7,238
Aug 20022,13825.963.16$6,765
Jul 20022,13124.583.06$6,525
Jun 20021,68923.733.34$5,638
May 20021,78324.663.58$6,390
Apr 20021,90123.653.51$6,677
Mar 20022,15522.003.10$6,686
Feb 20021,92518.222.38$4,573
Jan 20022,16617.172.38$5,146
Dec 20012,32616.932.36$5,500
Nov 20012,34018.072.41$5,629
Oct 20011,85019.782.53$4,678
Sep 20012,30924.262.25$5,198
Aug 20012,58424.873.05$7,889
Jul 20012,24823.933.20$7,187
Jun 20012,27624.563.82$8,704
May 20012,34725.524.31$10,109
Apr 20012,36024.685.34$12,591
Mar 20012,47924.545.38$13,328
Feb 20012,46427.755.77$14,210
Jan 20012,57027.478.40$21,585
Dec 20002,43026.889.12$22,168
Nov 20002,47232.215.66$13,987
Oct 20002,68331.235.15$13,805
Sep 20002,75131.875.19$14,268
Aug 20002,97929.644.54$13,527
Jul 20002,83828.534.09$11,607
Jun 20002,60529.304.40$11,455
May 20003,16727.263.68$11,654
Apr 20002,78124.513.12$8,666
Mar 20002,97428.422.86$8,505
Feb 20002,86927.622.73$7,822
Jan 20003,21825.272.48$7,982
Dec 19992,91624.282.42$7,068
Nov 19993,20223.192.43$7,794
Oct 19993,05720.982.80$8,571
Sep 19993,08321.752.62$8,074
Aug 19993,27519.262.88$9,418
Jul 19993,30917.892.37$7,850
Jun 19993,29615.942.36$7,785
May 19993,08915.792.32$7,170
Apr 19993,38015.102.21$7,463
Mar 19994,09212.471.84$7,522
Feb 19993,7779.981.82$6,866
Jan 19993,69010.381.90$7,011
Dec 19983,8929.201.77$6,902
Nov 19984,07010.892.19$8,896
Oct 19984,35412.421.97$8,574
Sep 19984,32012.592.08$8,997
Aug 19984,65611.301.91$8,881
Jul 19984,72211.742.24$10,564
Jun 19984,97911.242.24$11,139
May 19984,50112.622.21$9,931
Apr 19984,76113.042.51$11,928
Mar 19984,79012.802.31$11,062
Feb 19982,70413.952.30$6,217
Jan 19981,84614.702.15$3,978
Dec 19972,98516.322.41$7,197
Nov 19973,15818.193.09$9,753
Oct 19973,15319.253.15$9,931
Sep 19973,75617.742.95$11,099
Aug 19974,25117.862.55$10,860
Jul 19974,17217.582.25$9,374
Jun 19974,43617.242.26$10,013
May 19973,75918.972.31$8,678
Apr 19973,66017.882.08$7,623
Mar 19973,29818.951.94$6,395
Feb 19973,37620.492.21$7,447
Jan 19973,34623.483.54$11,844
Dec 19963,65323.32$0
Nov 19962,96121.97$0
Oct 19963,55323.31$0
Sep 19962,80722.22$0
Aug 19963,97120.26$0
Jul 19964,56319.55$0
Jun 19964,88518.73$0
May 19964,72119.43$0
Apr 19964,99721.51$0
Mar 19964,40619.38$0
Feb 19963,63916.98$0
Jan 19964,19217.07$0
Dec 19954,20517.19$0
Nov 19954,36716.00$0
Oct 19954,62015.43$0
Sep 19954,40716.18$0
Aug 19955,04115.92$0
Jul 19954,92215.24$0
Jun 19955,12616.41$0
May 19954,13117.56$0
Apr 19955,24917.73$0
Mar 19955,17316.44$0
Feb 19954,36516.58$0
Jan 19954,09615.92$0
Dec 19944,97515.03$0
Nov 19945,43915.90$0
Oct 19945,93015.58$0
Sep 19946,06115.29$0
Aug 19946,24016.13$0
Jul 19946,75717.56$0
Jun 19946,45617.09$0
May 19944,56915.88$0
Apr 19946,27414.14$0
Mar 19947,10312.46$0
Feb 19946,32212.50$0
Jan 19947,64212.66$0
Dec 19937,39512.33$0
Nov 19937,35714.49$0
Oct 19937,79215.85$0
Sep 19937,68615.03$0
Aug 19938,77415.66$0
Jul 19937,47015.46$0
Jun 19937,34716.79$0
May 19938,36017.68$0
Apr 19938,25218.05$0
Mar 19938,45218.14$0
Feb 19937,51917.90$0
Jan 19938,53316.93$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                1,091 Mcf  × $  2.87 =     $3,131

────────────────────────────────────────────────────
Month total                                   $3,131

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/23573 is the state's own key, not one this site invented.