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 23574District 10Field 68831001GasSave
Value, all time
$8.9 M
Jan 1993 – May 2026
Value, last 12 filed months
$122 k
at the published price for each month
Months reported
401
no gaps in the span
Streams
1
gas

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
GasProduction2,396,032 Mcf$8,942,744
Total$8,942,744

404,270 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 35.5603, -101.8824. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.56031, -101.88235 · 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
3,000 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 3,000 ft.

Completions filed
Jul 2001
1 of 1 wells

1 well

42-37500361B 773,000 ftJul 2001

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 20262,05498.932.87$5,894
Mar 20262,09389.753.15$6,592
Feb 20261,69163.503.75$6,342
Jan 20261,97759.138.00$15,812
Dec 20252,03756.664.41$8,990
Nov 20252,01958.593.93$7,927
Oct 20252,18459.383.30$7,218
Sep 20259,11062.743.08$28,031
Aug 20252,04463.933.01$6,162
Jul 20256,85366.743.32$22,719
Jun 20252,11066.483.13$6,602
May 20252,68060.553.23$8,663
Apr 20251,93262.363.54$6,845
Mar 20252,51767.704.27$10,743
Feb 20252,46270.884.34$10,687
Jan 20252,59174.324.28$11,086
Dec 20242,66268.993.12$8,309
Nov 20242,55869.052.20$5,624
Oct 20242,69571.372.28$6,148
Sep 20242,62069.612.36$6,195
Aug 20242,73175.632.06$5,636
Jul 20243,00379.932.15$6,446
Jun 20242,92178.082.63$7,694
May 20242,94178.812.20$6,466
Apr 20242,74584.451.66$4,555
Mar 20242,89080.301.55$4,465
Feb 20242,56176.091.78$4,568
Jan 20242,73573.023.30$9,019
Dec 20233,04771.262.61$7,955
Nov 20232,97377.892.81$8,347
Oct 20233,09485.443.09$9,552
Sep 20233,04089.042.74$8,315
Aug 20233,10780.522.67$8,305
Jul 20234,21874.852.64$11,143
Jun 20233,06468.962.26$6,920
May 20233,10570.622.23$6,916
Apr 20233,03278.122.24$6,785
Mar 20232,84772.852.39$6,813
Feb 20232,76875.112.47$6,825
Jan 20233,09076.533.39$10,468
Dec 20223,10076.415.73$17,760
Nov 20223,05385.005.65$17,238
Oct 20222,91687.185.86$17,099
Sep 20222,54084.888.16$20,736
Aug 20222,95294.529.13$26,943
Jul 20223,101101.587.54$23,388
Jun 20222,778115.097.98$22,161
May 20222,567109.378.43$21,648
Apr 20222,700104.226.84$18,462
Mar 20222,917108.885.08$14,808
Feb 20222,65891.054.86$12,915
Jan 20222,72181.844.54$12,347
Dec 20212,45171.323.90$9,557
Nov 20212,39377.435.24$12,532
Oct 20212,67579.795.71$15,285
Sep 20212,63069.865.35$14,073
Aug 20212,74466.024.22$11,581
Jul 20212,69670.783.98$10,736
Jun 20212,36169.493.38$7,982
May 20212,53563.483.02$7,650
Apr 20211,19160.362.76$3,285
Mar 20212,76861.302.72$7,520
Feb 20211,56257.805.55$8,666
Jan 20213,25450.412.81$9,145
Dec 20203,25644.642.68$8,711
Nov 20202,97138.772.71$8,041
Oct 20202,88536.972.48$7,150
Sep 20203,18537.091.99$6,341
Aug 20203,28839.982.39$7,842
Jul 20203,35538.371.83$6,123
Jun 20203,22034.901.69$5,443
May 20203,30816.921.81$6,003
Apr 20203,18014.751.80$5,738
Mar 20203,22030.341.86$5,977
Feb 20202,94949.881.98$5,841
Jan 20203,03057.252.09$6,347
Dec 2019059.012.30$0
Nov 20192,74255.302.75$7,542
Oct 20193,16353.472.42$7,650
Sep 20193,19055.052.66$8,477
Aug 2019053.112.30$0
Jul 20193,17156.272.46$7,801
Jun 20193,24752.782.49$8,089
May 20193,54458.482.74$9,712
Apr 20191,95662.632.75$5,380
Mar 20193,32456.803.06$10,178
Feb 2019050.852.79$0
Jan 2019046.033.23$0
Dec 2018046.594.19$0
Nov 2018052.934.24$0
Oct 20183,11961.443.40$10,599
Sep 20182,79959.543.11$8,699
Aug 20183,22459.403.07$9,887
Jul 20183,86265.142.93$11,323
Jun 20183,76760.183.08$11,591
May 20183,75065.382.90$10,878
Apr 20183,55763.842.90$10,318
Mar 201871561.222.79$1,993
Feb 20183,42561.782.77$9,474
Jan 20183,90062.874.01$15,636
Dec 20173,94457.272.92$11,522
Nov 20173,61355.423.12$11,267
Oct 20171,97849.292.98$5,902
Sep 20171,94247.523.09$5,996
Aug 20173,83345.373.00$11,516
Jul 20172,41243.873.09$7,447
Jun 20173,42842.493.09$10,583
May 20173,59045.373.26$11,716
Apr 20173,48047.933.21$11,176
Mar 20173,65446.772.98$10,902
Feb 20173,26450.452.95$9,637
Jan 20172,48549.413.42$8,496
Dec 20162,73248.763.72$10,171
Nov 20163,13042.492.64$8,277
Oct 20162,89746.193.09$8,952
Sep 20161,00041.553.10$3,101
Aug 20163,25441.442.92$9,516
Jul 20163,65741.622.92$10,694
Jun 20163,24545.352.69$8,716
May 20163,53042.521.99$7,028
Apr 20163,34836.561.99$6,666
Mar 20163,46333.011.79$6,213
Feb 20163,11326.472.06$6,424
Jan 20163,46727.352.36$8,197
Dec 20153,72132.362.00$7,447
Nov 20153,65438.792.17$7,919
Oct 20153,83643.552.43$9,308
Sep 20153,83042.992.76$10,565
Aug 20153,87140.162.87$11,119
Jul 20154,05648.152.95$11,945
Jun 20153,79456.152.88$10,938
May 20151,46555.212.96$4,330
Apr 20153,86649.822.71$10,464
Mar 20153,99842.892.93$11,733
Feb 20153,45444.662.98$10,280
Jan 20153,92543.433.10$12,170
Dec 20144,00154.693.59$14,369
Nov 20143,82070.464.25$16,242
Oct 20144,05678.303.90$15,822
Sep 20143,36586.164.05$13,613
Aug 20142,81389.394.04$11,351
Jul 20144,12396.564.18$17,232
Jun 20143,85498.164.74$18,256
May 20144,08094.734.73$19,284
Apr 20143,84495.944.81$18,486
Mar 20143,93095.895.06$19,873
Feb 20143,25097.406.19$20,124
Jan 20143,83590.404.86$18,641
Dec 20133,84991.824.35$16,760
Nov 20133,73588.853.74$13,962
Oct 20133,43297.423.78$12,971
Sep 20133,455104.113.72$12,845
Aug 20133,653104.253.52$12,868
Jul 20133,642102.523.72$13,540
Jun 20133,60994.403.93$14,196
May 20132,00394.834.15$8,311
Apr 20133,44593.964.28$14,754
Mar 20133,01493.623.91$11,793
Feb 20132,86491.233.42$9,795
Jan 20133,60191.603.42$12,315
Dec 20123,74886.773.42$12,819
Nov 20123,79486.953.62$13,753
Oct 20123,51989.383.40$11,963
Sep 20123,79994.672.92$11,087
Aug 20124,17292.662.91$12,133
Jul 20122,92185.133.02$8,824
Jun 20122,30379.822.52$5,801
May 20123,66591.612.49$9,120
Apr 20123,785101.652.00$7,558
Mar 20123,791105.052.22$8,424
Feb 20123,791101.102.57$9,744
Jan 20124,00098.092.73$10,936
Dec 20112,03196.873.24$6,580
Nov 20113,50095.723.31$11,589
Oct 20113,51184.983.65$12,810
Sep 20113,61783.623.99$14,417
Aug 20114,21383.404.15$17,481
Jul 20114,24094.144.52$19,153
Jun 20114,64192.904.64$21,534
May 20114,87898.134.40$21,487
Apr 20114,733105.964.33$20,509
Mar 20114,70996.364.06$19,106
Feb 20114,04585.644.18$16,908
Jan 20114,82786.504.59$22,150
Dec 20104,48885.734.35$19,513
Nov 20104,39480.843.80$16,677
Oct 20104,78378.103.51$16,783
Sep 20104,88372.633.98$19,432
Aug 20105,05473.684.42$22,335
Jul 20104,93572.554.74$23,375
Jun 20104,93070.364.91$24,208
May 20104,82371.124.24$20,426
Apr 20105,21881.694.12$21,512
Mar 20103,90178.394.39$17,120
Feb 20104,11573.585.44$22,395
Jan 20104,24074.365.96$25,288
Dec 20094,70471.445.48$25,796
Nov 20094,87074.593.75$18,270
Oct 20094,98972.544.11$20,506
Sep 20094,98765.543.06$15,284
Aug 20095,07867.423.22$16,344
Jul 20095,23161.133.46$18,123
Jun 20095,12166.163.90$19,946
May 20095,14254.743.93$20,186
Apr 20095,25246.773.59$18,842
Mar 20095,50642.144.06$22,349
Feb 20094,96332.814.63$22,994
Jan 20095,55235.865.37$29,820
Dec 20085,44937.105.98$32,569
Nov 20085,29955.496.86$36,353
Oct 20085,69075.246.92$39,386
Sep 20085,864101.767.88$46,191
Aug 20086,182114.228.48$52,442
Jul 20086,294131.0811.39$71,685
Jun 20086,202131.3313.03$80,828
May 20086,266123.1711.57$72,525
Apr 20086,519110.3110.45$68,155
Mar 20086,847101.909.66$66,170
Feb 20086,10492.538.77$53,536
Jan 20087,04190.388.21$57,777
Dec 20077,15288.337.30$52,224
Nov 20076,89591.677.29$50,276
Oct 20076,95082.856.92$48,108
Sep 20077,27075.846.24$45,395
Aug 20077,56569.066.39$48,325
Jul 20077,81070.906.39$49,890
Jun 20076,98762.007.55$52,741
May 200743558.747.85$3,413
Apr 20077,31259.617.81$57,072
Mar 20077,07156.927.30$51,632
Feb 20077,33555.108.22$60,264
Jan 20077,67050.306.73$51,595
Dec 20067,93156.656.92$54,870
Nov 20068,01554.207.62$61,054
Oct 20068,61854.906.01$51,827
Sep 20068,16460.085.04$41,124
Aug 20069,72968.717.34$71,410
Jul 200610,24069.376.34$64,950
Jun 20069,99466.286.38$63,801
May 20069,66466.016.42$62,091
Apr 200610,78664.397.36$79,390
Mar 200611,69456.707.08$82,828
Feb 200610,87857.597.75$84,317
Jan 200612,15660.598.93$108,593
Dec 200512,66354.9413.42$169,879
Nov 20051,57754.6910.59$16,698
Oct 20053,99858.3413.80$55,155
Sep 20056,70661.4512.08$81,002
Aug 20057,35461.519.80$72,046
Jul 20056,60255.697.84$51,784
Jun 2005052.337.38$0
May 20052,71845.226.65$18,078
Apr 20056,66449.207.36$49,050
Mar 20057,33750.377.15$52,495
Feb 20056,57545.226.31$41,501
Jan 20057,65543.166.32$48,396
Dec 20046,79639.866.75$45,880
Nov 20047,09345.286.33$44,902
Oct 20047,66349.706.52$49,925
Sep 20047,77743.245.28$41,093
Aug 20048,71442.375.55$48,368
Jul 20049,25138.286.08$56,285
Jun 20049,17336.106.43$59,010
May 20048,24637.486.49$53,554
Apr 200411,44134.475.86$67,027
Mar 200412,52134.365.53$69,243
Feb 200411,71432.455.51$64,540
Jan 200413,24332.036.30$83,426
Dec 200314,30330.266.30$90,132
Nov 200313,77228.804.60$63,285
Oct 200311,27828.174.76$53,679
Sep 200312,35426.314.75$58,674
Aug 200313,93829.765.13$71,498
Jul 200315,11729.415.17$78,168
Jun 200315,37828.565.98$92,006
May 200316,83526.595.97$100,550
Apr 200311,27726.675.41$60,978
Mar 200316,25931.146.10$99,116
Feb 200314,72333.487.93$116,693
Jan 200316,28030.315.58$90,876
Dec 200216,37526.914.85$79,480
Nov 200216,03824.664.14$66,349
Oct 200217,02026.464.23$71,980
Sep 200216,80627.443.64$61,093
Aug 200216,10625.963.16$50,962
Jul 200218,08824.583.06$55,381
Jun 200214,09323.733.34$47,046
May 200212,25524.663.58$43,922
Apr 200217,35523.653.51$60,956
Mar 200218,35622.003.10$56,954
Feb 200216,83818.222.38$40,002
Jan 200219,00917.172.38$45,159
Dec 200119,46016.932.36$46,011
Nov 200119,51918.072.41$46,953
Oct 200120,01119.782.53$50,605
Sep 200120,32224.262.25$45,751
Aug 200120,62724.873.05$62,978
Jul 20019,65323.933.20$30,861
Jun 2001024.563.82$0
May 20016,33825.524.31$27,300
Apr 20015,66324.685.34$30,214
Mar 20016,46924.545.38$34,780
Feb 20016,50827.755.77$37,532
Jan 20016,57527.478.40$55,222
Dec 20007,55026.889.12$68,875
Nov 20006,55132.215.66$37,066
Oct 20007,25831.235.15$37,346
Sep 20007,29931.875.19$37,856
Aug 20007,21929.644.54$32,780
Jul 20006,89828.534.09$28,211
Jun 20006,02329.304.40$26,485
May 20007,29627.263.68$26,847
Apr 20006,24924.513.12$19,472
Mar 20006,55328.422.86$18,740
Feb 20007,08227.622.73$19,309
Jan 20008,11725.272.48$20,134
Dec 19997,14624.282.42$17,320
Nov 19997,62323.192.43$18,554
Oct 19997,30020.982.80$20,467
Sep 19997,72621.752.62$20,233
Aug 19997,77819.262.88$22,366
Jul 19998,15917.892.37$19,356
Jun 19997,28415.942.36$17,206
May 19996,52915.792.32$15,154
Apr 19996,59815.102.21$14,569
Mar 19998,85612.471.84$16,280
Feb 19996,8329.981.82$12,419
Jan 19998,34210.381.90$15,849
Dec 19988,3999.201.77$14,894
Nov 19989,01210.892.19$19,698
Oct 19988,57812.421.97$16,892
Sep 19988,88112.592.08$18,496
Aug 19988,98611.301.91$17,139
Jul 19988,67911.742.24$19,417
Jun 19987,18011.242.24$16,064
May 19987,94012.622.21$17,518
Apr 19988,66513.042.51$21,709
Mar 19988,75412.802.31$20,217
Feb 19988,22813.952.30$18,917
Jan 19982,45514.702.15$5,290
Dec 19976,89816.322.41$16,632
Nov 19975,16518.193.09$15,951
Oct 19975,77019.253.15$18,174
Sep 19976,96217.742.95$20,572
Aug 19977,39617.862.55$18,895
Jul 19977,45117.582.25$16,742
Jun 19976,75817.242.26$15,254
May 19976,94018.972.31$16,021
Apr 19975,49517.882.08$11,445
Mar 19973,19118.951.94$6,188
Feb 19972,03420.492.21$4,487
Jan 19974,16023.483.54$14,725
Dec 19966,27823.32$0
Nov 19965,50421.97$0
Oct 19966,47523.31$0
Sep 19964,71322.22$0
Aug 19967,06720.26$0
Jul 19969,13319.55$0
Jun 19967,48718.73$0
May 19968,62719.43$0
Apr 19965,26021.51$0
Mar 19963,36519.38$0
Feb 19963,46016.98$0
Jan 19965,05417.07$0
Dec 19958,49717.19$0
Nov 19958,26716.00$0
Oct 19958,93115.43$0
Sep 19957,74616.18$0
Aug 19959,60515.92$0
Jul 19959,63015.24$0
Jun 19957,96316.41$0
May 19957,84217.56$0
Apr 19956,98617.73$0
Mar 19957,13516.44$0
Feb 19955,42216.58$0
Jan 19957,06315.92$0
Dec 19948,63315.03$0
Nov 199410,18515.90$0
Oct 199411,46115.58$0
Sep 199410,19415.29$0
Aug 199410,65016.13$0
Jul 199410,53117.56$0
Jun 19946,93117.09$0
May 19946,75715.88$0
Apr 19944,96414.14$0
Mar 19947,42112.46$0
Feb 19948,02012.50$0
Jan 19949,72712.66$0
Dec 199310,42812.33$0
Nov 199310,92714.49$0
Oct 199310,68015.85$0
Sep 199311,10615.03$0
Aug 199312,39015.66$0
Jul 199312,35115.46$0
Jun 199312,37416.79$0
May 19939,95317.68$0
Apr 199310,94218.05$0
Mar 199310,96318.14$0
Feb 19937,80917.90$0
Jan 199311,36316.93$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                2,054 Mcf  × $  2.87 =     $5,894

────────────────────────────────────────────────────
Month total                                   $5,894

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/23574 is the state's own key, not one this site invented.