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 23585District 10Field 68831001GasSaveExport
Value, all time
$4.2 M
Jan 1993 – May 2026
Value, last 12 filed months
$69 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
GasProduction1,099,311 Mcf$4,193,711
Total$4,193,711

259,916 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 35.5559, -101.8836. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.55586, -101.88359 · 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
2,959 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 2,959 ft.

Completions filed
Jul 2004
1 of 1 wells

1 well

42-37500383B 912,959 ftJul 2004

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 20261,78698.932.87$5,125
Mar 20261,82289.753.15$5,738
Feb 20261,47763.503.75$5,539
Jan 20261,34059.138.00$10,717
Dec 202595656.664.41$4,219
Nov 20251,00958.593.93$3,962
Oct 20251,83559.383.30$6,064
Sep 20251,94362.743.08$5,978
Aug 20251,97863.933.01$5,963
Jul 20252,36266.743.32$7,831
Jun 20252,53866.483.13$7,941
May 20252,32460.553.23$7,512
Apr 20252,06762.363.54$7,324
Mar 20251,96167.704.27$8,370
Feb 20251,40370.884.34$6,090
Jan 20251,41674.324.28$6,059
Dec 20242,00468.993.12$6,255
Nov 20242,08769.052.20$4,588
Oct 20242,52371.372.28$5,756
Sep 20242,43369.612.36$5,752
Aug 20242,36075.632.06$4,870
Jul 202492379.932.15$1,981
Jun 202455078.082.63$1,449
May 202456678.812.20$1,244
Apr 202449084.451.66$813
Mar 202440680.301.55$627
Feb 202431176.091.78$555
Jan 202419773.023.30$650
Dec 202342171.262.61$1,099
Nov 202348177.892.81$1,350
Oct 202356685.443.09$1,747
Sep 202352789.042.74$1,441
Aug 202370880.522.67$1,892
Jul 202384274.852.64$2,224
Jun 202389768.962.26$2,026
May 202322970.622.23$510
Apr 202348378.122.24$1,081
Mar 202358972.852.39$1,410
Feb 20233475.112.47$84
Jan 202319876.533.39$671
Dec 202259976.415.73$3,432
Nov 202249885.005.65$2,812
Oct 202263887.185.86$3,741
Sep 202280084.888.16$6,531
Aug 202286994.529.13$7,932
Jul 2022803101.587.54$6,056
Jun 2022733115.097.98$5,847
May 2022680109.378.43$5,734
Apr 2022622104.226.84$4,253
Mar 2022544108.885.08$2,762
Feb 202249191.054.86$2,386
Jan 202252681.844.54$2,387
Dec 202161971.323.90$2,414
Nov 202174277.435.24$3,886
Oct 202181279.795.71$4,640
Sep 202182469.865.35$4,409
Aug 202186966.024.22$3,668
Jul 202185870.783.98$3,417
Jun 202191369.493.38$3,087
May 202199563.483.02$3,003
Apr 202165660.362.76$1,810
Mar 202193261.302.72$2,532
Feb 202148957.805.55$2,713
Jan 202193250.412.81$2,619
Dec 202094244.642.68$2,520
Nov 202093938.772.71$2,541
Oct 202083236.972.48$2,062
Sep 202089337.091.99$1,778
Aug 202090439.982.39$2,156
Jul 202089338.371.83$1,630
Jun 202084534.901.69$1,428
May 20201,01516.921.81$1,842
Apr 202087814.751.80$1,584
Mar 20201,63330.341.86$3,031
Feb 20201,93149.881.98$3,825
Jan 20202,06057.252.09$4,315
Dec 2019059.012.30$0
Nov 20191,90455.302.75$5,237
Oct 20192,03453.472.42$4,919
Sep 20192,01555.052.66$5,354
Aug 2019053.112.30$0
Jul 20192,05156.272.46$5,046
Jun 20191,84952.782.49$4,606
May 20192,27158.482.74$6,223
Apr 20192,19462.632.75$6,035
Mar 20192,08156.803.06$6,372
Feb 2019050.852.79$0
Jan 2019046.033.23$0
Dec 2018046.594.19$0
Nov 2018052.934.24$0
Oct 201882761.443.40$2,810
Sep 201883459.543.11$2,592
Aug 201886659.403.07$2,656
Jul 201885065.142.93$2,492
Jun 201880460.183.08$2,474
May 201880465.382.90$2,332
Apr 201867263.842.90$1,949
Mar 201813661.222.79$379
Feb 201853961.782.77$1,491
Jan 201863362.874.01$2,538
Dec 201766857.272.92$1,952
Nov 201777355.423.12$2,410
Oct 201745749.292.98$1,364
Sep 201745947.523.09$1,417
Aug 201765545.373.00$1,968
Jul 201754143.873.09$1,670
Jun 201794142.493.09$2,905
May 20171,10245.373.26$3,596
Apr 20171,05047.933.21$3,372
Mar 20171,08246.772.98$3,228
Feb 201797250.452.95$2,870
Jan 20171,01049.413.42$3,453
Dec 20161,15948.763.72$4,315
Nov 20161,33842.492.64$3,538
Oct 201676846.193.09$2,373
Sep 201629941.553.10$927
Aug 20161,46041.442.92$4,270
Jul 201697741.622.92$2,857
Jun 20161,59045.352.69$4,270
May 20161,62442.521.99$3,233
Apr 20161,61436.561.99$3,214
Mar 20161,65933.011.79$2,976
Feb 20161,53226.472.06$3,161
Jan 20161,67627.352.36$3,963
Dec 20151,69832.362.00$3,398
Nov 20151,65138.792.17$3,578
Oct 20151,62443.552.43$3,941
Sep 20151,73542.992.76$4,786
Aug 20151,84340.162.87$5,294
Jul 20151,81248.152.95$5,336
Jun 20151,91556.152.88$5,521
May 201596755.212.96$2,858
Apr 20151,87949.822.71$5,086
Mar 20151,73342.892.93$5,086
Feb 20151,61444.662.98$4,804
Jan 20151,86743.433.10$5,789
Dec 20142,03654.693.59$7,312
Nov 20141,62870.464.25$6,922
Oct 20141,85678.303.90$7,240
Sep 201470086.164.05$2,832
Aug 20141,48489.394.04$5,988
Jul 20142,16896.564.18$9,061
Jun 20141,97898.164.74$9,370
May 20141,83194.734.73$8,654
Apr 20141,89395.944.81$9,104
Mar 20142,14095.895.06$10,822
Feb 20141,76297.406.19$10,910
Jan 20142,19090.404.86$10,645
Dec 20132,20691.824.35$9,606
Nov 20132,06988.853.74$7,735
Oct 20132,21097.423.78$8,352
Sep 20132,201104.113.72$8,183
Aug 20132,331104.253.52$8,211
Jul 20132,357102.523.72$8,763
Jun 20132,34094.403.93$9,204
May 20131,36694.834.15$5,668
Apr 20132,27293.964.28$9,730
Mar 20132,37193.623.91$9,277
Feb 20132,14591.233.42$7,336
Jan 20132,35591.603.42$8,054
Dec 20122,38886.773.42$8,167
Nov 20122,36586.953.62$8,573
Oct 20122,09189.383.40$7,109
Sep 20122,38494.672.92$6,957
Aug 20122,48392.662.91$7,221
Jul 20122,47685.133.02$7,480
Jun 20122,34379.822.52$5,902
May 20122,22291.612.49$5,529
Apr 20122,381101.652.00$4,754
Mar 20122,498105.052.22$5,551
Feb 20122,309101.102.57$5,935
Jan 20122,48398.092.73$6,789
Dec 20112,44196.873.24$7,908
Nov 20112,48495.723.31$8,225
Oct 20112,63384.983.65$9,607
Sep 20112,65683.623.99$10,586
Aug 20112,76683.404.15$11,477
Jul 20112,51394.144.52$11,352
Jun 20112,67492.904.64$12,407
May 20112,82298.134.40$12,430
Apr 20112,392105.964.33$10,365
Mar 20113,32496.364.06$13,487
Feb 20113,00485.644.18$12,557
Jan 20113,51386.504.59$16,120
Dec 20103,00685.734.35$13,069
Nov 20101,89380.843.80$7,185
Oct 20102,62978.103.51$9,225
Sep 20102,63272.633.98$10,474
Aug 20102,72173.684.42$12,025
Jul 20102,39572.554.74$11,344
Jun 20102,25470.364.91$11,068
May 20102,39871.124.24$10,156
Apr 20103,36081.694.12$13,852
Mar 20103,37878.394.39$14,825
Feb 20103,23073.585.44$17,579
Jan 20103,63474.365.96$21,674
Dec 20093,63871.445.48$19,950
Nov 20093,59274.593.75$13,475
Oct 20093,77472.544.11$15,512
Sep 20093,65565.543.06$11,202
Aug 20093,74067.423.22$12,037
Jul 20093,70661.133.46$12,839
Jun 20091,60966.163.90$6,267
May 20093,69754.743.93$14,514
Apr 20093,91946.773.59$14,059
Mar 20093,90042.144.06$15,830
Feb 20093,56332.814.63$16,507
Jan 20094,12135.865.37$22,134
Dec 20084,09237.105.98$24,458
Nov 20084,04755.496.86$27,764
Oct 20084,31275.246.92$29,848
Sep 20084,266101.767.88$33,604
Aug 20084,183114.228.48$35,484
Jul 20084,421131.0811.39$50,353
Jun 20084,306131.3313.03$56,119
May 20084,342123.1711.57$50,256
Apr 20084,531110.3110.45$47,371
Mar 20084,754101.909.66$45,943
Feb 20084,56492.538.77$40,029
Jan 20084,96790.388.21$40,758
Dec 20074,98688.337.30$36,408
Nov 20074,80491.677.29$35,029
Oct 20075,18882.856.92$35,911
Sep 20075,08675.846.24$31,758
Aug 20075,30569.066.39$33,888
Jul 20075,15670.906.39$32,936
Jun 20075,49162.007.55$41,449
May 20075,53258.747.85$43,406
Apr 20075,57859.617.81$43,537
Mar 20076,11956.927.30$44,681
Feb 20075,47355.108.22$44,966
Jan 20076,22450.306.73$41,868
Dec 20066,05456.656.92$41,884
Nov 20065,91954.207.62$45,088
Oct 20065,12754.906.01$30,833
Sep 20064,22160.085.04$21,262
Aug 20064,27968.717.34$31,408
Jul 20065,08469.376.34$32,247
Jun 20065,18966.286.38$33,126
May 20065,13966.016.42$33,018
Apr 20065,58064.397.36$41,071
Mar 20065,68256.707.08$40,245
Feb 20065,38657.597.75$41,748
Jan 20066,11460.598.93$54,618
Dec 20056,30154.9413.42$84,530
Nov 20056,24454.6910.59$66,114
Oct 20056,57258.3413.80$90,666
Sep 20056,34261.4512.08$76,605
Aug 20055,42361.519.80$53,128
Jul 20054,74055.697.84$37,179
Jun 2005052.337.38$0
May 20053,01145.226.65$20,027
Apr 20056,42549.207.36$47,291
Mar 20056,56650.377.15$46,979
Feb 20056,06945.226.31$38,307
Jan 20057,04743.166.32$44,553
Dec 20047,17539.866.75$48,439
Nov 20046,87545.286.33$43,522
Oct 20045,13049.706.52$33,422
Sep 20047,23543.245.28$38,229
Aug 20047,92742.375.55$44,000
Jul 20043,19038.286.08$19,409
Jun 2004036.106.43$0
May 2004037.486.49$0
Apr 2004034.475.86$0
Mar 200458834.365.53$3,252
Feb 20042,06932.455.51$11,399
Jan 20042,91232.036.30$18,345
Dec 20033,14330.266.30$19,806
Nov 20032,25828.804.60$10,376
Oct 20033,32328.174.76$15,816
Sep 20032,73326.314.75$12,980
Aug 20033,20129.765.13$16,420
Jul 20033,88329.415.17$20,078
Jun 20033,40628.565.98$20,378
May 20031,70226.595.97$10,166
Apr 2003026.675.41$0
Mar 20032,63331.146.10$16,051
Feb 20031,32533.487.93$10,502
Jan 20033,39230.315.58$18,934
Dec 20021,64526.914.85$7,984
Nov 20021,97924.664.14$8,187
Oct 20023,86826.464.23$16,358
Sep 20021,46027.443.64$5,307
Aug 20022,36625.963.16$7,486
Jul 20021,12424.583.06$3,441
Jun 2002023.733.34$0
May 2002024.663.58$0
Apr 200240723.653.51$1,430
Mar 20021,93822.003.10$6,013
Feb 20021,67118.222.38$3,970
Jan 20022,09917.172.38$4,987
Dec 20012,53716.932.36$5,998
Nov 20012,52818.072.41$6,081
Oct 20012,61819.782.53$6,621
Sep 20012,28024.262.25$5,133
Aug 20012,32624.873.05$7,102
Jul 20012,32823.933.20$7,443
Jun 20011,59724.563.82$6,107
May 20011,16225.524.31$5,005
Apr 20011,02724.685.34$5,479
Mar 20011,05224.545.38$5,656
Feb 20011,22427.755.77$7,059
Jan 20011,96227.478.40$16,478
Dec 20002,84026.889.12$25,908
Nov 20002,31932.215.66$13,121
Oct 20003,38831.235.15$17,433
Sep 20002,78931.875.19$14,465
Aug 20003,09029.644.54$14,031
Jul 20002,34328.534.09$9,582
Jun 20002,36329.304.40$10,391
May 20002,64127.263.68$9,718
Apr 20002,17924.513.12$6,790
Mar 20001,48228.422.86$4,238
Feb 20001,78227.622.73$4,859
Jan 20003,16725.272.48$7,856
Dec 19993,35024.282.42$8,119
Nov 19993,09223.192.43$7,526
Oct 19992,85220.982.80$7,996
Sep 19992,89721.752.62$7,587
Aug 19993,17919.262.88$9,142
Jul 19993,01617.892.37$7,155
Jun 19992,57315.942.36$6,078
May 19992,47315.792.32$5,740
Apr 19992,23715.102.21$4,939
Mar 19992,62312.471.84$4,822
Feb 19991,8439.981.82$3,350
Jan 19992,82510.381.90$5,367
Dec 19983,8819.201.77$6,882
Nov 19983,51810.892.19$7,689
Oct 19983,41112.421.97$6,717
Sep 19983,05912.592.08$6,371
Aug 19983,10211.301.91$5,917
Jul 19982,69111.742.24$6,020
Jun 19982,43411.242.24$5,446
May 19982,37212.622.21$5,233
Apr 19981,68313.042.51$4,216
Mar 19981,45312.802.31$3,356
Feb 19981,85913.952.30$4,274
Jan 19983,36714.702.15$7,255
Dec 19974,69016.322.41$11,308
Nov 19973,32918.193.09$10,281
Oct 19973,64919.253.15$11,494
Sep 19974,21817.742.95$12,464
Aug 19974,66317.862.55$11,913
Jul 19974,57617.582.25$10,282
Jun 19974,15317.242.26$9,374
May 19973,50618.972.31$8,094
Apr 19973,11817.882.08$6,494
Mar 19972,98218.951.94$5,783
Feb 19973,16520.492.21$6,982
Jan 19974,29723.483.54$15,210
Dec 19963,93023.32$0
Nov 19963,58321.97$0
Oct 19964,20723.31$0
Sep 19963,35122.22$0
Aug 19964,16620.26$0
Jul 19965,35419.55$0
Jun 19964,78818.73$0
May 19965,52819.43$0
Apr 19964,44621.51$0
Mar 19963,91919.38$0
Feb 19963,78716.98$0
Jan 19964,27217.07$0
Dec 19955,21517.19$0
Nov 19955,22516.00$0
Oct 19955,68215.43$0
Sep 19955,07216.18$0
Aug 19956,24315.92$0
Jul 19955,96715.24$0
Jun 19955,09816.41$0
May 19954,91417.56$0
Apr 19954,29417.73$0
Mar 19954,18316.44$0
Feb 19953,28516.58$0
Jan 19954,47615.92$0
Dec 19945,64715.03$0
Nov 19946,48915.90$0
Oct 19947,45615.58$0
Sep 19946,66715.29$0
Aug 19946,96716.13$0
Jul 19946,90917.56$0
Jun 19944,72217.09$0
May 19944,09215.88$0
Apr 19943,73714.14$0
Mar 19945,24312.46$0
Feb 19945,05312.50$0
Jan 19945,95212.66$0
Dec 19936,12812.33$0
Nov 19936,79814.49$0
Oct 19936,86915.85$0
Sep 19937,06215.03$0
Aug 19937,57315.66$0
Jul 19937,59415.46$0
Jun 19937,50016.79$0
May 19936,42417.68$0
Apr 19936,05118.05$0
Mar 19936,04018.14$0
Feb 19935,36517.90$0
Jan 19936,59316.93$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                1,786 Mcf  × $  2.87 =     $5,125

────────────────────────────────────────────────────
Month total                                   $5,125

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/23585 is the state's own key, not one this site invented.