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 23580District 10Field 68831001GasSaveExport
Value, all time
$339 k
Jan 1993 – May 2026
Value, last 12 filed months
$14 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
GasProduction350,941 Mcf$338,716
Total$338,716

233,278 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 35.5602, -101.8500. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.56022, -101.85000 · 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
Jun 1960
1 of 1 wells

1 well

42-37500369B 84Jun 1960

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 202633398.932.87$956
Mar 202634189.753.15$1,074
Feb 202629763.503.75$1,114
Jan 202632159.138.00$2,567
Dec 202533656.664.41$1,483
Nov 202533558.593.93$1,315
Oct 202535259.383.30$1,163
Sep 202534262.743.08$1,052
Aug 202533563.933.01$1,010
Jul 202537266.743.32$1,233
Jun 202536666.483.13$1,145
May 202521860.553.23$705
Apr 2025062.363.54$0
Mar 2025067.704.27$0
Feb 2025070.884.34$0
Jan 2025074.324.28$0
Dec 202433068.993.12$1,030
Nov 202432169.052.20$706
Oct 202433171.372.28$755
Sep 202432069.612.36$757
Aug 202431475.632.06$648
Jul 202434979.932.15$749
Jun 202433678.082.63$885
May 202433478.812.20$734
Apr 202431284.451.66$518
Mar 202431980.301.55$493
Feb 202429376.091.78$523
Jan 202431973.023.30$1,052
Dec 202333771.262.61$880
Nov 20237577.892.81$211
Oct 202333185.443.09$1,022
Sep 202332989.042.74$900
Aug 202335180.522.67$938
Jul 202325974.852.64$684
Jun 202336768.962.26$829
May 202337870.622.23$842
Apr 202335778.122.24$799
Mar 202336472.852.39$871
Feb 202318575.112.47$456
Jan 202324776.533.39$837
Dec 202235476.415.73$2,028
Nov 202231085.005.65$1,750
Oct 202234187.185.86$2,000
Sep 202233784.888.16$2,751
Aug 202228694.529.13$2,610
Jul 2022366101.587.54$2,760
Jun 2022361115.097.98$2,880
May 2022442109.378.43$3,727
Apr 2022404104.226.84$2,762
Mar 2022405108.885.08$2,056
Feb 202236691.054.86$1,778
Jan 202238781.844.54$1,756
Dec 202143371.323.90$1,688
Nov 202143177.435.24$2,257
Oct 202145479.795.71$2,594
Sep 202144969.865.35$2,403
Aug 202147366.024.22$1,996
Jul 202147370.783.98$1,884
Jun 202145569.493.38$1,538
May 202145563.483.02$1,373
Apr 202123960.362.76$659
Mar 202124861.302.72$674
Feb 202117857.805.55$988
Jan 202138650.412.81$1,085
Dec 202039444.642.68$1,054
Nov 202043238.772.71$1,169
Oct 202045636.972.48$1,130
Sep 202044837.091.99$892
Aug 202041939.982.39$999
Jul 202046338.371.83$845
Jun 202043534.901.69$735
May 202043116.921.81$782
Apr 202041714.751.80$752
Mar 202041130.341.86$763
Feb 202040549.881.98$802
Jan 202035157.252.09$735
Dec 2019059.012.30$0
Nov 201946255.302.75$1,271
Oct 201948553.472.42$1,173
Sep 201947755.052.66$1,268
Aug 2019053.112.30$0
Jul 201950256.272.46$1,235
Jun 201947152.782.49$1,173
May 201946858.482.74$1,282
Apr 201943962.632.75$1,208
Mar 201937256.803.06$1,139
Feb 2019050.852.79$0
Jan 2019046.033.23$0
Dec 2018046.594.19$0
Nov 2018052.934.24$0
Oct 201852161.443.40$1,770
Sep 201851059.543.11$1,585
Aug 201853459.403.07$1,638
Jul 201853865.142.93$1,577
Jun 201851560.183.08$1,585
May 201825565.382.90$740
Apr 201840063.842.90$1,160
Mar 20188861.222.79$245
Feb 201842261.782.77$1,167
Jan 201848562.874.01$1,945
Dec 201750357.272.92$1,470
Nov 201751155.423.12$1,593
Oct 201723849.292.98$710
Sep 201726847.523.09$827
Aug 201745345.373.00$1,361
Jul 201720443.873.09$630
Jun 201747142.493.09$1,454
May 201749445.373.26$1,612
Apr 201747047.933.21$1,509
Mar 201747646.772.98$1,420
Feb 201743650.452.95$1,287
Jan 201755349.413.42$1,891
Dec 201650948.763.72$1,895
Nov 201651942.492.64$1,372
Oct 201611846.193.09$365
Sep 201610541.553.10$326
Aug 201651941.442.92$1,518
Jul 201658241.622.92$1,702
Jun 201656545.352.69$1,517
May 201652742.521.99$1,049
Apr 201653336.561.99$1,061
Mar 201654733.011.79$981
Feb 201650326.472.06$1,038
Jan 201657627.352.36$1,362
Dec 201560232.362.00$1,205
Nov 201563238.792.17$1,370
Oct 201566243.552.43$1,606
Sep 201564542.992.76$1,779
Aug 201563340.162.87$1,818
Jul 201567348.152.95$1,982
Jun 201567756.152.88$1,952
May 201535955.212.96$1,061
Apr 201568049.822.71$1,840
Mar 201573642.892.93$2,160
Feb 20151,11044.662.98$3,304
Jan 201591243.433.10$2,828
Dec 201473754.693.59$2,647
Nov 201472770.464.25$3,091
Oct 201452578.303.90$2,048
Sep 201427186.164.05$1,096
Aug 201446689.394.04$1,880
Jul 201480696.564.18$3,369
Jun 201480998.164.74$3,832
May 201474794.734.73$3,531
Apr 201459495.944.81$2,857
Mar 2014095.895.06$0
Feb 2014097.406.19$0
Jan 2014090.404.86$0
Dec 2013091.824.35$0
Nov 2013088.853.74$0
Oct 2013097.423.78$0
Sep 20130104.113.72$0
Aug 20130104.253.52$0
Jul 20130102.523.72$0
Jun 2013094.403.93$0
May 2013094.834.15$0
Apr 2013093.964.28$0
Mar 2013093.623.91$0
Feb 2013091.233.42$0
Jan 2013091.603.42$0
Dec 2012086.773.42$0
Nov 2012086.953.62$0
Oct 2012089.383.40$0
Sep 2012094.672.92$0
Aug 2012092.662.91$0
Jul 2012085.133.02$0
Jun 2012079.822.52$0
May 2012091.612.49$0
Apr 20120101.652.00$0
Mar 20120105.052.22$0
Feb 20120101.102.57$0
Jan 2012098.092.73$0
Dec 2011096.873.24$0
Nov 2011095.723.31$0
Oct 2011084.983.65$0
Sep 2011083.623.99$0
Aug 2011083.404.15$0
Jul 2011094.144.52$0
Jun 2011092.904.64$0
May 2011098.134.40$0
Apr 20110105.964.33$0
Mar 2011096.364.06$0
Feb 2011085.644.18$0
Jan 2011086.504.59$0
Dec 2010085.734.35$0
Nov 2010080.843.80$0
Oct 2010078.103.51$0
Sep 2010072.633.98$0
Aug 2010073.684.42$0
Jul 2010072.554.74$0
Jun 2010070.364.91$0
May 2010071.124.24$0
Apr 2010081.694.12$0
Mar 2010078.394.39$0
Feb 2010073.585.44$0
Jan 2010074.365.96$0
Dec 2009071.445.48$0
Nov 2009074.593.75$0
Oct 2009072.544.11$0
Sep 2009065.543.06$0
Aug 2009067.423.22$0
Jul 2009061.133.46$0
Jun 2009066.163.90$0
May 2009054.743.93$0
Apr 2009046.773.59$0
Mar 2009042.144.06$0
Feb 2009032.814.63$0
Jan 2009035.865.37$0
Dec 2008037.105.98$0
Nov 2008055.496.86$0
Oct 2008075.246.92$0
Sep 20080101.767.88$0
Aug 20080114.228.48$0
Jul 20080131.0811.39$0
Jun 20080131.3313.03$0
May 20080123.1711.57$0
Apr 20080110.3110.45$0
Mar 20080101.909.66$0
Feb 2008092.538.77$0
Jan 2008090.388.21$0
Dec 2007088.337.30$0
Nov 2007091.677.29$0
Oct 2007082.856.92$0
Sep 2007075.846.24$0
Aug 2007069.066.39$0
Jul 2007070.906.39$0
Jun 2007062.007.55$0
May 2007058.747.85$0
Apr 2007059.617.81$0
Mar 2007056.927.30$0
Feb 2007055.108.22$0
Jan 2007050.306.73$0
Dec 2006056.656.92$0
Nov 2006054.207.62$0
Oct 2006054.906.01$0
Sep 2006060.085.04$0
Aug 2006068.717.34$0
Jul 2006069.376.34$0
Jun 2006066.286.38$0
May 2006066.016.42$0
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 199829411.301.91$561
Jul 19982,21311.742.24$4,951
Jun 19982,39611.242.24$5,361
May 19982,44712.622.21$5,399
Apr 19982,21913.042.51$5,559
Mar 19982,30012.802.31$5,312
Feb 19982,48113.952.30$5,704
Jan 19982,66814.702.15$5,749
Dec 19973,75516.322.41$9,054
Nov 19972,53118.193.09$7,816
Oct 19973,09819.253.15$9,758
Sep 19973,92817.742.95$11,607
Aug 19973,99817.862.55$10,214
Jul 19974,00217.582.25$8,992
Jun 19973,64417.242.26$8,225
May 19973,93218.972.31$9,077
Apr 19973,43017.882.08$7,144
Mar 19973,48718.951.94$6,762
Feb 19973,18520.492.21$7,026
Jan 19973,52723.483.54$12,485
Dec 19963,42923.32$0
Nov 19963,03321.97$0
Oct 19963,47323.31$0
Sep 19962,61422.22$0
Aug 19963,58420.26$0
Jul 19963,96219.55$0
Jun 19964,12018.73$0
May 19964,77719.43$0
Apr 19964,24821.51$0
Mar 19964,19519.38$0
Feb 19963,91116.98$0
Jan 19964,06217.07$0
Dec 19954,02817.19$0
Nov 19954,15716.00$0
Oct 19954,79215.43$0
Sep 19954,26816.18$0
Aug 19955,19915.92$0
Jul 19955,15815.24$0
Jun 19954,33516.41$0
May 19954,34817.56$0
Apr 19954,17917.73$0
Mar 19954,16316.44$0
Feb 19953,39816.58$0
Jan 19954,29715.92$0
Dec 19944,74915.03$0
Nov 19945,34515.90$0
Oct 19946,00215.58$0
Sep 19945,49815.29$0
Aug 19945,66816.13$0
Jul 19945,49217.56$0
Jun 19944,20917.09$0
May 19943,66215.88$0
Apr 19944,72714.14$0
Mar 19946,32112.46$0
Feb 19945,68912.50$0
Jan 19946,40012.66$0
Dec 19935,74812.33$0
Nov 19934,92314.49$0
Oct 19935,00915.85$0
Sep 19935,66015.03$0
Aug 19936,38715.66$0
Jul 19936,18515.46$0
Jun 19936,32216.79$0
May 19935,76317.68$0
Apr 19936,38318.05$0
Mar 19936,40718.14$0
Feb 19936,13617.90$0
Jan 19936,86316.93$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                  333 Mcf  × $  2.87 =       $956

────────────────────────────────────────────────────
Month total                                     $956

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/23580 is the state's own key, not one this site invented.