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 23581District 10Field 68831001GasSaveExport
Value, all time
$3.6 M
Jan 1993 – May 2026
Value, last 12 filed months
$25 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
GasProduction1,132,970 Mcf$3,588,866
Total$3,588,866

309,554 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 35.5496, -101.8361. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.54956, -101.83612 · 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
3,231 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 3,231 ft.

Completions filed
Sep 1960
1 of 1 wells

1 well

42-37500312B 863,231 ftSep 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 202659798.932.87$1,713
Mar 202660889.753.15$1,915
Feb 202654363.503.75$2,036
Jan 202657659.138.00$4,607
Dec 202559556.664.41$2,626
Nov 202558658.593.93$2,301
Oct 202562859.383.30$2,075
Sep 202562462.743.08$1,920
Aug 202559563.933.01$1,794
Jul 202565966.743.32$2,185
Jun 202560866.483.13$1,902
May 202568060.553.23$2,198
Apr 202562262.363.54$2,204
Mar 202555467.704.27$2,365
Feb 202557170.884.34$2,479
Jan 202560474.324.28$2,584
Dec 202462568.993.12$1,951
Nov 202461069.052.20$1,341
Oct 202464571.372.28$1,472
Sep 202463369.612.36$1,497
Aug 202466575.632.06$1,372
Jul 202470079.932.15$1,503
Jun 202468478.082.63$1,802
May 202469878.812.20$1,535
Apr 202464784.451.66$1,074
Mar 202465280.301.55$1,007
Feb 202459876.091.78$1,067
Jan 202461573.023.30$2,028
Dec 202365571.262.61$1,710
Nov 202364577.892.81$1,811
Oct 202369085.443.09$2,130
Sep 202368889.042.74$1,882
Aug 202372480.522.67$1,935
Jul 202372574.852.64$1,915
Jun 202373368.962.26$1,655
May 202374670.622.23$1,662
Apr 202370778.122.24$1,582
Mar 202371572.852.39$1,711
Feb 202361675.112.47$1,519
Jan 202370076.533.39$2,371
Dec 202270176.415.73$4,016
Nov 202269185.005.65$3,902
Oct 202274187.185.86$4,345
Sep 202274584.888.16$6,082
Aug 202276694.529.13$6,991
Jul 2022775101.587.54$5,845
Jun 2022732115.097.98$5,839
May 2022597109.378.43$5,035
Apr 2022695104.226.84$4,752
Mar 2022695108.885.08$3,528
Feb 202258291.054.86$2,828
Jan 202263381.844.54$2,872
Dec 202170671.323.90$2,753
Nov 202169477.435.24$3,634
Oct 202174079.795.71$4,228
Sep 202174469.865.35$3,981
Aug 202178266.024.22$3,301
Jul 202178670.783.98$3,130
Jun 202176269.493.38$2,576
May 202177963.483.02$2,351
Apr 202140360.362.76$1,112
Mar 202161761.302.72$1,676
Feb 202136457.805.55$2,019
Jan 202168350.412.81$1,919
Dec 202076444.642.68$2,044
Nov 202063038.772.71$1,705
Oct 202072236.972.48$1,789
Sep 202064537.091.99$1,284
Aug 202062539.982.39$1,491
Jul 202053638.371.83$978
Jun 202080934.901.69$1,367
May 202082316.921.81$1,494
Apr 202078414.751.80$1,415
Mar 202078830.341.86$1,463
Feb 202070949.881.98$1,404
Jan 202076657.252.09$1,605
Dec 2019059.012.30$0
Nov 201975555.302.75$2,077
Oct 201992753.472.42$2,242
Sep 201994255.052.66$2,503
Aug 2019053.112.30$0
Jul 201997856.272.46$2,406
Jun 201997752.782.49$2,434
May 201990858.482.74$2,488
Apr 201994162.632.75$2,588
Mar 201990756.803.06$2,777
Feb 2019050.852.79$0
Jan 2019046.033.23$0
Dec 2018046.594.19$0
Nov 2018052.934.24$0
Oct 201899061.443.40$3,364
Sep 201896559.543.11$2,999
Aug 201887259.403.07$2,674
Jul 201888565.142.93$2,595
Jun 201887860.183.08$2,702
May 201846065.382.90$1,334
Apr 201871363.842.90$2,068
Mar 201827161.222.79$755
Feb 201868861.782.77$1,903
Jan 201876862.874.01$3,079
Dec 201777857.272.92$2,273
Nov 201778555.423.12$2,448
Oct 201733649.292.98$1,003
Sep 201744047.523.09$1,358
Aug 201779645.373.00$2,392
Jul 201729243.873.09$901
Jun 201775242.493.09$2,322
May 201783945.373.26$2,738
Apr 201778847.933.21$2,531
Mar 201782546.772.98$2,462
Feb 201772350.452.95$2,135
Jan 201780249.413.42$2,742
Dec 201672648.763.72$2,703
Nov 201682642.492.64$2,184
Oct 201686946.193.09$2,685
Sep 201632641.553.10$1,011
Aug 201672241.442.92$2,111
Jul 201674441.622.92$2,176
Jun 201684945.352.69$2,280
May 201683442.521.99$1,661
Apr 201682636.561.99$1,645
Mar 201688433.011.79$1,586
Feb 201679826.472.06$1,647
Jan 201688127.352.36$2,083
Dec 201589032.362.00$1,781
Nov 201587538.792.17$1,896
Oct 201592343.552.43$2,240
Sep 201588542.992.76$2,441
Aug 201591140.162.87$2,617
Jul 201592948.152.95$2,736
Jun 201587456.152.88$2,520
May 201547255.212.96$1,395
Apr 201587949.822.71$2,379
Mar 201580742.892.93$2,368
Feb 201573744.662.98$2,193
Jan 201584243.433.10$2,611
Dec 201492454.693.59$3,318
Nov 201480770.464.25$3,431
Oct 201472178.303.90$2,813
Sep 201429186.164.05$1,177
Aug 201465489.394.04$2,639
Jul 201496696.564.18$4,037
Jun 201493098.164.74$4,405
May 201490994.734.73$4,296
Apr 201481195.944.81$3,900
Mar 201488495.895.06$4,470
Feb 201476297.406.19$4,718
Jan 201489090.404.86$4,326
Dec 201391491.824.35$3,980
Nov 201390188.853.74$3,368
Oct 201396397.423.78$3,640
Sep 2013935104.113.72$3,476
Aug 2013970104.253.52$3,417
Jul 2013967102.523.72$3,595
Jun 201396194.403.93$3,780
May 201355194.834.15$2,286
Apr 201394593.964.28$4,047
Mar 201398893.623.91$3,866
Feb 201388591.233.42$3,027
Jan 201393491.603.42$3,194
Dec 201297386.773.42$3,328
Nov 201297186.953.62$3,520
Oct 201284789.383.40$2,880
Sep 201298894.672.92$2,883
Aug 20121,02892.662.91$2,990
Jul 20121,04585.133.02$3,157
Jun 201297179.822.52$2,446
May 201292891.612.49$2,309
Apr 20121,002101.652.00$2,001
Mar 20121,047105.052.22$2,327
Feb 2012956101.102.57$2,457
Jan 20121,01898.092.73$2,783
Dec 201198796.873.24$3,198
Nov 201199795.723.31$3,301
Oct 20111,00484.983.65$3,663
Sep 201198683.623.99$3,930
Aug 20111,01383.404.15$4,203
Jul 201191094.144.52$4,111
Jun 20111,00592.904.64$4,663
May 20111,02798.134.40$4,524
Apr 2011807105.964.33$3,497
Mar 201198196.364.06$3,980
Feb 201175785.644.18$3,164
Jan 201178386.504.59$3,593
Dec 201043685.734.35$1,896
Nov 20101,94980.843.80$7,397
Oct 20101,96378.103.51$6,888
Sep 20101,94772.633.98$7,748
Aug 20102,06173.684.42$9,108
Jul 20101,85072.554.74$8,763
Jun 20101,63270.364.91$8,014
May 20101,60671.124.24$6,802
Apr 20102,09581.694.12$8,637
Mar 20102,15578.394.39$9,458
Feb 20101,95673.585.44$10,645
Jan 20102,13774.365.96$12,745
Dec 20092,21371.445.48$12,136
Nov 20092,24874.593.75$8,433
Oct 20092,32772.544.11$9,565
Sep 20092,21165.543.06$6,776
Aug 20092,22167.423.22$7,148
Jul 20092,19261.133.46$7,594
Jun 200993266.163.90$3,630
May 20092,24254.743.93$8,802
Apr 20092,31846.773.59$8,316
Mar 20092,35842.144.06$9,571
Feb 20092,10932.814.63$9,771
Jan 20092,29835.865.37$12,343
Dec 20082,26037.105.98$13,508
Nov 20082,29855.496.86$15,765
Oct 20082,40475.246.92$16,640
Sep 20082,339101.767.88$18,425
Aug 20082,443114.228.48$20,724
Jul 20082,439131.0811.39$27,779
Jun 20082,321131.3313.03$30,249
May 20082,354123.1711.57$27,246
Apr 20082,412110.3110.45$25,217
Mar 20082,507101.909.66$24,228
Feb 20082,22292.538.77$19,488
Jan 20082,55990.388.21$20,998
Dec 20072,39388.337.30$17,474
Nov 20072,40891.677.29$17,558
Oct 20072,55782.856.92$17,700
Sep 20072,50075.846.24$15,610
Aug 20072,65269.066.39$16,941
Jul 20072,72170.906.39$17,382
Jun 20072,68262.007.55$20,245
May 20072,57658.747.85$20,212
Apr 20072,51559.617.81$19,630
Mar 20072,74756.927.30$20,059
Feb 20072,48855.108.22$20,441
Jan 20072,53550.306.73$17,053
Dec 20062,66856.656.92$18,458
Nov 20062,51754.207.62$19,173
Oct 20062,88854.906.01$17,368
Sep 20062,30060.085.04$11,586
Aug 20062,33168.717.34$17,109
Jul 20062,17369.376.34$13,783
Jun 20061,75066.286.38$11,172
May 20062,84666.016.42$18,286
Apr 20063,09464.397.36$22,773
Mar 20063,16956.707.08$22,446
Feb 20062,79057.597.75$21,626
Jan 20063,34560.598.93$29,882
Dec 20053,40754.9413.42$45,706
Nov 20053,33854.6910.59$35,344
Oct 20053,53758.3413.80$48,796
Sep 20053,55461.4512.08$42,929
Aug 20052,98861.519.80$29,273
Jul 20053,07255.697.84$24,096
Jun 2005052.337.38$0
May 20051,62845.226.65$10,828
Apr 20053,43849.207.36$25,305
Mar 20053,61350.377.15$25,851
Feb 20053,22545.226.31$20,356
Jan 20053,69143.166.32$23,335
Dec 20043,71239.866.75$25,060
Nov 20043,72545.286.33$23,581
Oct 20043,87549.706.52$25,246
Sep 20043,89443.245.28$20,576
Aug 20044,14742.375.55$23,019
Jul 20044,12138.286.08$25,073
Jun 20043,81036.106.43$24,510
May 20043,65537.486.49$23,738
Apr 20044,33634.475.86$25,402
Mar 20044,61034.365.53$25,494
Feb 20044,28532.455.51$23,609
Jan 20044,65632.036.30$29,331
Dec 20034,56630.266.30$28,773
Nov 20034,59028.804.60$21,092
Oct 20034,81028.174.76$22,894
Sep 20034,73626.314.75$22,493
Aug 20034,93629.765.13$25,320
Jul 20034,96629.415.17$25,678
Jun 20034,67128.565.98$27,946
May 20035,04726.595.97$30,144
Apr 20033,34826.675.41$18,104
Mar 20034,92431.146.10$30,017
Feb 20034,39433.487.93$34,826
Jan 20034,89930.315.58$27,346
Dec 20025,10226.914.85$24,764
Nov 20024,92724.664.14$20,383
Oct 20024,99926.464.23$21,141
Sep 20025,06627.443.64$18,416
Aug 20025,26825.963.16$16,669
Jul 20025,31724.583.06$16,279
Jun 20024,53823.733.34$15,149
May 20025,27324.663.58$18,898
Apr 20025,19223.653.51$18,236
Mar 20025,66022.003.10$17,561
Feb 20024,92618.222.38$11,703
Jan 20025,17217.172.38$12,287
Dec 20015,42616.932.36$12,829
Nov 20015,41918.072.41$13,036
Oct 20015,60019.782.53$14,162
Sep 20015,26424.262.25$11,851
Aug 20015,62324.873.05$17,168
Jul 20015,70523.933.20$18,239
Jun 20015,10724.563.82$19,530
May 20015,59825.524.31$24,112
Apr 20015,72924.685.34$30,566
Mar 20014,72524.545.38$25,404
Feb 20015,17727.755.77$29,856
Jan 20015,65327.478.40$47,478
Dec 20005,75426.889.12$52,491
Nov 20005,46332.215.66$30,910
Oct 20006,15431.235.15$31,665
Sep 20005,91131.875.19$30,657
Aug 20006,19629.644.54$28,134
Jul 20006,13728.534.09$25,099
Jun 20005,26929.304.40$23,169
May 20006,77227.263.68$24,919
Apr 20005,79324.513.12$18,051
Mar 20005,94128.422.86$16,990
Feb 20005,83427.622.73$15,906
Jan 20006,24025.272.48$15,478
Dec 19995,93724.282.42$14,390
Nov 19996,72223.192.43$16,361
Oct 19996,09320.982.80$17,083
Sep 19996,28721.752.62$16,465
Aug 19996,77819.262.88$19,491
Jul 19996,95917.892.37$16,509
Jun 19995,78215.942.36$13,658
May 19996,55115.792.32$15,205
Apr 19996,03715.102.21$13,330
Mar 19997,19712.471.84$13,230
Feb 19996,4869.981.82$11,790
Jan 19996,42910.381.90$12,215
Dec 19986,7379.201.77$11,947
Nov 19985,93710.892.19$12,977
Oct 19987,12512.421.97$14,031
Sep 19987,06412.592.08$14,712
Aug 19987,43811.301.91$14,187
Jul 19987,30211.742.24$16,337
Jun 19986,69811.242.24$14,985
May 19985,94412.622.21$13,114
Apr 19987,35313.042.51$18,422
Mar 19987,79612.802.31$18,004
Feb 19987,36513.952.30$16,933
Jan 19984,62414.702.15$9,964
Dec 19973,43016.322.41$8,270
Nov 19972,59618.193.09$8,017
Oct 19973,36519.253.15$10,599
Sep 19975,23317.742.95$15,463
Aug 19975,34117.862.55$13,645
Jul 19975,26217.582.25$11,823
Jun 19975,35617.242.26$12,090
May 19975,78118.972.31$13,345
Apr 19973,51617.882.08$7,323
Mar 19974,12018.951.94$7,989
Feb 19973,40120.492.21$7,502
Jan 19974,01723.483.54$14,219
Dec 19963,57023.32$0
Nov 19963,15821.97$0
Oct 19963,66323.31$0
Sep 19962,78422.22$0
Aug 19964,57620.26$0
Jul 19966,71319.55$0
Jun 19965,54018.73$0
May 19967,08619.43$0
Apr 19966,43521.51$0
Mar 19963,75819.38$0
Feb 19965,54816.98$0
Jan 19965,53317.07$0
Dec 19953,64117.19$0
Nov 19955,57116.00$0
Oct 19956,30515.43$0
Sep 19955,29516.18$0
Aug 19957,24515.92$0
Jul 19957,20815.24$0
Jun 19956,29216.41$0
May 19955,81017.56$0
Apr 19956,02717.73$0
Mar 19955,87816.44$0
Feb 19954,75816.58$0
Jan 19955,99615.92$0
Dec 19947,01515.03$0
Nov 19947,68315.90$0
Oct 19948,63315.58$0
Sep 19947,94515.29$0
Aug 19948,12816.13$0
Jul 19948,31517.56$0
Jun 19944,83717.09$0
May 19944,18315.88$0
Apr 19946,08414.14$0
Mar 19948,14112.46$0
Feb 19947,53312.50$0
Jan 19948,96412.66$0
Dec 19937,79012.33$0
Nov 19934,68114.49$0
Oct 19935,61415.85$0
Sep 19937,52615.03$0
Aug 19938,73115.66$0
Jul 19938,35715.46$0
Jun 19938,39616.79$0
May 19937,44817.68$0
Apr 19938,47218.05$0
Mar 19938,98018.14$0
Feb 19938,27917.90$0
Jan 19939,42916.93$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                  597 Mcf  × $  2.87 =     $1,713

────────────────────────────────────────────────────
Month total                                   $1,713

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/23581 is the state's own key, not one this site invented.