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 23578District 10Field 68831001GasSaveExport
Value, all time
$1.7 M
Jan 1993 – May 2026
Value, last 12 filed months
$20 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
GasProduction570,560 Mcf$1,722,222
Total$1,722,222

173,266 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 35.5647, -101.9010. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.56474, -101.90096 · 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
3,497 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 3,497 ft.

Completions filed
Jun 2003
1 of 1 wells

1 well

42-37500285B 823,497 ftJun 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 202640998.932.87$1,174
Mar 202643489.753.15$1,367
Feb 202642563.503.75$1,594
Jan 202649059.138.00$3,919
Dec 202549856.664.41$2,198
Nov 202549458.593.93$1,940
Oct 202550959.383.30$1,682
Sep 202549462.743.08$1,520
Aug 202548163.933.01$1,450
Jul 202551466.743.32$1,704
Jun 202549666.483.13$1,552
May 202548460.553.23$1,564
Apr 202549262.363.54$1,743
Mar 202547967.704.27$2,045
Feb 202545470.884.34$1,971
Jan 202551374.324.28$2,195
Dec 202451368.993.12$1,601
Nov 202449769.052.20$1,093
Oct 202450771.372.28$1,157
Sep 202448569.612.36$1,147
Aug 202444475.632.06$916
Jul 202443279.932.15$927
Jun 202447378.082.63$1,246
May 202452678.812.20$1,156
Apr 202450584.451.66$838
Mar 202452180.301.55$805
Feb 202448276.091.78$860
Jan 202458173.023.30$1,916
Dec 202353571.262.61$1,397
Nov 202351877.892.81$1,454
Oct 202355385.443.09$1,707
Sep 202352989.042.74$1,447
Aug 202354380.522.67$1,451
Jul 20231,06474.852.64$2,811
Jun 202353568.962.26$1,208
May 202355670.622.23$1,238
Apr 202348178.122.24$1,076
Mar 202357672.852.39$1,378
Feb 202338175.112.47$939
Jan 2023076.533.39$0
Dec 202236076.415.73$2,062
Nov 202250785.005.65$2,863
Oct 202249687.185.86$2,908
Sep 202247984.888.16$3,910
Aug 202249294.529.13$4,491
Jul 2022503101.587.54$3,794
Jun 2022517115.097.98$4,124
May 2022575109.378.43$4,849
Apr 2022532104.226.84$3,638
Mar 2022586108.885.08$2,975
Feb 202250291.054.86$2,439
Jan 202250381.844.54$2,282
Dec 202158071.323.90$2,261
Nov 202156677.435.24$2,964
Oct 202158679.795.71$3,348
Sep 202156769.865.35$3,034
Aug 202158866.024.22$2,482
Jul 202157470.783.98$2,286
Jun 202156169.493.38$1,897
May 202158363.483.02$1,759
Apr 202130960.362.76$852
Mar 202152161.302.72$1,416
Feb 202131557.805.55$1,748
Jan 202157350.412.81$1,610
Dec 202058144.642.68$1,554
Nov 202047438.772.71$1,283
Oct 202051936.972.48$1,286
Sep 202056837.091.99$1,131
Aug 202057439.982.39$1,369
Jul 202057738.371.83$1,053
Jun 202056834.901.69$960
May 202058816.921.81$1,067
Apr 202054814.751.80$989
Mar 202054930.341.86$1,019
Feb 202052549.881.98$1,040
Jan 202056257.252.09$1,177
Dec 2019059.012.30$0
Nov 201955055.302.75$1,513
Oct 201957553.472.42$1,391
Sep 201953855.052.66$1,430
Aug 2019053.112.30$0
Jul 201957156.272.46$1,405
Jun 201955652.782.49$1,385
May 201959558.482.74$1,630
Apr 201937462.632.75$1,029
Mar 201957856.803.06$1,770
Feb 2019050.852.79$0
Jan 2019046.033.23$0
Dec 2018046.594.19$0
Nov 2018052.934.24$0
Oct 201859761.443.40$2,029
Sep 201856859.543.11$1,765
Aug 201859359.403.07$1,818
Jul 201859565.142.93$1,744
Jun 201858860.183.08$1,809
May 201861365.382.90$1,778
Apr 201858063.842.90$1,682
Mar 201811661.222.79$323
Feb 201857361.782.77$1,585
Jan 201864162.874.01$2,570
Dec 201763457.272.92$1,852
Nov 20171,15055.423.12$3,586
Oct 201784649.292.98$2,524
Sep 201794847.523.09$2,927
Aug 20171,13345.373.00$3,404
Jul 201790143.873.09$2,782
Jun 201755142.493.09$1,701
May 201761045.373.26$1,991
Apr 201759247.933.21$1,901
Mar 201761546.772.98$1,835
Feb 201755450.452.95$1,636
Jan 201761949.413.42$2,116
Dec 201660248.763.72$2,241
Nov 201661442.492.64$1,624
Oct 201662446.193.09$1,928
Sep 201654341.553.10$1,684
Aug 201657141.442.92$1,670
Jul 201660141.622.92$1,758
Jun 201660945.352.69$1,636
May 201662642.521.99$1,246
Apr 201662236.561.99$1,238
Mar 201664533.011.79$1,157
Feb 201659326.472.06$1,224
Jan 201663627.352.36$1,504
Dec 201564132.362.00$1,283
Nov 201562138.792.17$1,346
Oct 201563743.552.43$1,546
Sep 201561642.992.76$1,699
Aug 201561040.162.87$1,752
Jul 201563048.152.95$1,855
Jun 201559756.152.88$1,721
May 201530955.212.96$913
Apr 201555349.822.71$1,497
Mar 201555742.892.93$1,635
Feb 201545444.662.98$1,351
Jan 201555643.433.10$1,724
Dec 201445354.693.59$1,627
Nov 201473170.464.25$3,108
Oct 201475178.303.90$2,930
Sep 201465286.164.05$2,638
Aug 201447789.394.04$1,925
Jul 201480096.564.18$3,344
Jun 201478298.164.74$3,704
May 201481194.734.73$3,833
Apr 201478195.944.81$3,756
Mar 201481395.895.06$4,111
Feb 201469997.406.19$4,328
Jan 201481590.404.86$3,961
Dec 201382591.824.35$3,592
Nov 201379588.853.74$2,972
Oct 201383397.423.78$3,148
Sep 2013817104.113.72$3,037
Aug 2013853104.253.52$3,005
Jul 2013858102.523.72$3,190
Jun 201384894.403.93$3,336
May 201354094.834.15$2,241
Apr 201382193.964.28$3,516
Mar 201382493.623.91$3,224
Feb 201377991.233.42$2,664
Jan 201385091.603.42$2,907
Dec 201285786.773.42$2,931
Nov 201283886.953.62$3,038
Oct 201288089.383.40$2,992
Sep 201286394.672.92$2,519
Aug 201290192.662.91$2,620
Jul 201290385.133.02$2,728
Jun 201283679.822.52$2,106
May 201285091.612.49$2,115
Apr 2012881101.652.00$1,759
Mar 2012912105.052.22$2,027
Feb 2012850101.102.57$2,185
Jan 201291098.092.73$2,488
Dec 201189796.873.24$2,906
Nov 201190195.723.31$2,983
Oct 201194184.983.65$3,433
Sep 201192083.623.99$3,667
Aug 201196283.404.15$3,992
Jul 201190594.144.52$4,088
Jun 201194992.904.64$4,403
May 201197498.134.40$4,290
Apr 2011944105.964.33$4,091
Mar 201197596.364.06$3,956
Feb 201180585.644.18$3,365
Jan 201199886.504.59$4,580
Dec 201099785.734.35$4,335
Nov 201096380.843.80$3,655
Oct 201099378.103.51$3,484
Sep 201098372.633.98$3,912
Aug 20101,02573.684.42$4,530
Jul 20101,01872.554.74$4,822
Jun 20101,00070.364.91$4,910
May 201072771.124.24$3,079
Apr 201099581.694.12$4,102
Mar 20101,03578.394.39$4,542
Feb 201092673.585.44$5,040
Jan 20101,04374.365.96$6,221
Dec 20091,04971.445.48$5,752
Nov 20091,02974.593.75$3,860
Oct 20091,08872.544.11$4,472
Sep 20091,05765.543.06$3,239
Aug 20091,07767.423.22$3,466
Jul 20091,09261.133.46$3,783
Jun 200995766.163.90$3,728
May 200997254.743.93$3,816
Apr 20091,07746.773.59$3,864
Mar 20091,07342.144.06$4,355
Feb 200999632.814.63$4,614
Jan 20091,10435.865.37$5,930
Dec 20081,10337.105.98$6,593
Nov 20081,05755.496.86$7,251
Oct 20081,03375.246.92$7,150
Sep 20081,071101.767.88$8,436
Aug 20081,160114.228.48$9,840
Jul 20081,165131.0811.39$13,269
Jun 20081,128131.3313.03$14,701
May 20081,135123.1711.57$13,137
Apr 20081,140110.3110.45$11,919
Mar 20081,179101.909.66$11,394
Feb 20081,10792.538.77$9,709
Jan 20081,17990.388.21$9,675
Dec 20071,17888.337.30$8,602
Nov 20071,18291.677.29$8,619
Oct 20071,22582.856.92$8,479
Sep 20071,20375.846.24$7,512
Aug 20071,26369.066.39$8,068
Jul 20071,26870.906.39$8,100
Jun 20071,22162.007.55$9,217
May 20071,24058.747.85$9,729
Apr 20071,16859.617.81$9,116
Mar 20071,17456.927.30$8,573
Feb 20071,15655.108.22$9,498
Jan 20071,32150.306.73$8,886
Dec 20061,11156.656.92$7,686
Nov 20061,29154.207.62$9,834
Oct 20061,40554.906.01$8,449
Sep 20061,38460.085.04$6,971
Aug 20061,47368.717.34$10,812
Jul 20061,51769.376.34$9,622
Jun 20061,46266.286.38$9,333
May 20061,49066.016.42$9,573
Apr 20061,47764.397.36$10,871
Mar 20061,55956.707.08$11,042
Feb 20061,37757.597.75$10,673
Jan 20061,56760.598.93$13,999
Dec 20051,60554.9413.42$21,532
Nov 20051,55954.6910.59$16,507
Oct 20051,63758.3413.80$22,584
Sep 20051,63961.4512.08$19,797
Aug 20051,62861.519.80$15,949
Jul 20051,42655.697.84$11,185
Jun 2005052.337.38$0
May 200575645.226.65$5,028
Apr 20051,60249.207.36$11,791
Mar 20051,65850.377.15$11,863
Feb 20051,49245.226.31$9,417
Jan 20051,66643.166.32$10,533
Dec 20041,73239.866.75$11,693
Nov 20041,51845.286.33$9,610
Oct 20041,78449.706.52$11,623
Sep 20041,76943.245.28$9,347
Aug 20041,84642.375.55$10,247
Jul 20041,88438.286.08$11,463
Jun 20041,85936.106.43$11,959
May 20041,67237.486.49$10,859
Apr 20041,85234.475.86$10,850
Mar 20041,86434.365.53$10,308
Feb 20041,75332.455.51$9,658
Jan 20041,92032.036.30$12,095
Dec 20031,91030.266.30$12,036
Nov 20031,96528.804.60$9,029
Oct 20032,14928.174.76$10,228
Sep 20032,14426.314.75$10,183
Aug 20032,33429.765.13$11,973
Jul 20032,45229.415.17$12,679
Jun 20031,91728.565.98$11,469
May 2003026.595.97$0
Apr 2003026.675.41$0
Mar 2003031.146.10$0
Feb 200382433.487.93$6,531
Jan 20031,77030.315.58$9,880
Dec 20021,89926.914.85$9,217
Nov 20021,86824.664.14$7,728
Oct 20021,92526.464.23$8,141
Sep 20021,91627.443.64$6,965
Aug 20022,04825.963.16$6,480
Jul 20022,05424.583.06$6,289
Jun 20021,85723.733.34$6,199
May 20022,51324.663.58$9,007
Apr 20022,01823.653.51$7,088
Mar 20022,05722.003.10$6,382
Feb 20021,92818.222.38$4,580
Jan 20022,04217.172.38$4,851
Dec 20011,69416.932.36$4,005
Nov 20012,00118.072.41$4,813
Oct 20012,19719.782.53$5,556
Sep 20012,12524.262.25$4,784
Aug 20012,33224.873.05$7,120
Jul 20012,31023.933.20$7,385
Jun 20012,07024.563.82$7,916
May 20012,24825.524.31$9,683
Apr 20012,30524.685.34$12,298
Mar 20012,22324.545.38$11,952
Feb 20012,14927.755.77$12,393
Jan 20012,39527.478.40$20,115
Dec 20002,18926.889.12$19,969
Nov 20002,25132.215.66$12,736
Oct 20002,42731.235.15$12,488
Sep 20002,37231.875.19$12,302
Aug 20002,47529.644.54$11,238
Jul 20002,38228.534.09$9,742
Jun 20002,28929.304.40$10,065
May 20002,65727.263.68$9,777
Apr 20002,41224.513.12$7,516
Mar 20002,50028.422.86$7,149
Feb 20002,42827.622.73$6,620
Jan 20002,75125.272.48$6,824
Dec 19992,54024.282.42$6,156
Nov 19992,77923.192.43$6,764
Oct 19992,62120.982.80$7,349
Sep 19992,77121.752.62$7,257
Aug 19992,96119.262.88$8,515
Jul 19992,98017.892.37$7,070
Jun 19992,99315.942.36$7,070
May 19992,77415.792.32$6,439
Apr 19992,83915.102.21$6,269
Mar 19993,38012.471.84$6,214
Feb 19993,0429.981.82$5,530
Jan 19993,35510.381.90$6,374
Dec 19983,2819.201.77$5,818
Nov 19983,18810.892.19$6,968
Oct 19981,45812.421.97$2,871
Sep 19981,28812.592.08$2,682
Aug 19981,32611.301.91$2,529
Jul 19981,08911.742.24$2,436
Jun 19981,04211.242.24$2,331
May 19981,52812.622.21$3,371
Apr 199863513.042.51$1,591
Mar 199878112.802.31$1,804
Feb 199888313.952.30$2,030
Jan 199879814.702.15$1,720
Dec 199799316.322.41$2,394
Nov 19971,67918.193.09$5,185
Oct 19971,72819.253.15$5,443
Sep 19972,51417.742.95$7,429
Aug 19972,79117.862.55$7,130
Jul 19972,83717.582.25$6,375
Jun 19972,73217.242.26$6,167
May 19972,82718.972.31$6,526
Apr 19972,57117.882.08$5,355
Mar 19972,69718.951.94$5,230
Feb 19972,58520.492.21$5,702
Jan 19972,87823.483.54$10,187
Dec 19962,49823.32$0
Nov 19962,24421.97$0
Oct 19962,72123.31$0
Sep 19962,13622.22$0
Aug 19962,55920.26$0
Jul 19962,92819.55$0
Jun 19962,98018.73$0
May 19963,16619.43$0
Apr 19962,84121.51$0
Mar 19962,78619.38$0
Feb 19962,68216.98$0
Jan 19962,92517.07$0
Dec 19953,05317.19$0
Nov 19953,12516.00$0
Oct 19953,46415.43$0
Sep 19953,08416.18$0
Aug 19953,58015.92$0
Jul 19953,48415.24$0
Jun 19953,07916.41$0
May 19953,04517.56$0
Apr 19953,19517.73$0
Mar 19953,31416.44$0
Feb 19952,50216.58$0
Jan 19953,26015.92$0
Dec 19943,55515.03$0
Nov 19943,80615.90$0
Oct 19944,36715.58$0
Sep 19944,06215.29$0
Aug 19944,32416.13$0
Jul 19944,25117.56$0
Jun 19943,11017.09$0
May 19942,98115.88$0
Apr 19943,56214.14$0
Mar 19944,03512.46$0
Feb 19943,54712.50$0
Jan 19944,09912.66$0
Dec 19934,23412.33$0
Nov 19934,11814.49$0
Oct 19934,30515.85$0
Sep 19934,48415.03$0
Aug 19934,85815.66$0
Jul 19934,99615.46$0
Jun 19934,59116.79$0
May 19934,91417.68$0
Apr 19934,95718.05$0
Mar 19935,37918.14$0
Feb 19935,20917.90$0
Jan 19934,87116.93$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                  409 Mcf  × $  2.87 =     $1,174

────────────────────────────────────────────────────
Month total                                   $1,174

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/23578 is the state's own key, not one this site invented.