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 23589District 10Field 68831001NGPA filingGasSaveExport
Value, all time
$143 k
Jan 1993 – May 2026
Value, last 12 filed months
$9 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.

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
GasProduction142,843 Mcf$142,550
Total$142,550

97,542 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 35.6213, -101.8659. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.62131, -101.86595 · 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.

1 well

42-34100821G 3

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 202621898.932.87$626
Mar 202622989.753.15$721
Feb 202619163.503.75$716
Jan 202620859.138.00$1,664
Dec 202521156.664.41$931
Nov 202521158.593.93$828
Oct 202522659.383.30$747
Sep 202522662.743.08$695
Aug 202522163.933.01$666
Jul 202522266.743.32$736
Jun 202521066.483.13$657
May 202522860.553.23$737
Apr 202522462.363.54$794
Mar 202517067.704.27$726
Feb 202513970.884.34$603
Jan 202518674.324.28$796
Dec 202421468.993.12$668
Nov 202421169.052.20$464
Oct 202421471.372.28$488
Sep 202421969.612.36$518
Aug 202423775.632.06$489
Jul 202425079.932.15$537
Jun 202423678.082.63$622
May 202424078.812.20$528
Apr 202422084.451.66$365
Mar 202421880.301.55$337
Feb 202417876.091.78$317
Jan 202418873.023.30$620
Dec 202323171.262.61$603
Nov 202321477.892.81$601
Oct 202321985.443.09$676
Sep 202325789.042.74$703
Aug 202326780.522.67$714
Jul 202316574.852.64$436
Jun 202324668.962.26$556
May 202326770.622.23$595
Apr 202325078.122.24$559
Mar 202324672.852.39$589
Feb 202321375.112.47$525
Jan 202322176.533.39$749
Dec 202223476.415.73$1,341
Nov 202222085.005.65$1,242
Oct 202224187.185.86$1,413
Sep 202219384.888.16$1,576
Aug 202219994.529.13$1,816
Jul 2022286101.587.54$2,157
Jun 2022273115.097.98$2,178
May 2022293109.378.43$2,471
Apr 2022188104.226.84$1,285
Mar 2022234108.885.08$1,188
Feb 202225891.054.86$1,254
Jan 202233081.844.54$1,497
Dec 202112771.323.90$495
Nov 20218977.435.24$466
Oct 202127779.795.71$1,583
Sep 202127869.865.35$1,488
Aug 202129366.024.22$1,237
Jul 202126170.783.98$1,039
Jun 202124369.493.38$821
May 202136463.483.02$1,098
Apr 202129860.362.76$822
Mar 202119061.302.72$516
Feb 202112557.805.55$693
Jan 202130050.412.81$843
Dec 202030244.642.68$808
Nov 202029338.772.71$793
Oct 202027336.972.48$677
Sep 202029037.091.99$577
Aug 202033839.982.39$806
Jul 202036138.371.83$659
Jun 202035534.901.69$600
May 202041216.921.81$748
Apr 202045314.751.80$817
Mar 202026830.341.86$497
Feb 202025249.881.98$499
Jan 202026557.252.09$555
Dec 2019059.012.30$0
Nov 201926955.302.75$740
Oct 201928153.472.42$680
Sep 201928955.052.66$768
Aug 2019053.112.30$0
Jul 201932956.272.46$809
Jun 201932152.782.49$800
May 201934258.482.74$937
Apr 201931062.632.75$853
Mar 201928956.803.06$885
Feb 2019050.852.79$0
Jan 2019046.033.23$0
Dec 2018046.594.19$0
Nov 2018052.934.24$0
Oct 201835561.443.40$1,206
Sep 201835059.543.11$1,088
Aug 201837559.403.07$1,150
Jul 201831665.142.93$926
Jun 201833760.183.08$1,037
May 201843065.382.90$1,247
Apr 201835063.842.90$1,015
Mar 201810961.222.79$304
Feb 201813761.782.77$379
Jan 20187262.874.01$289
Dec 201730057.272.92$876
Nov 201741455.423.12$1,291
Oct 201724049.292.98$716
Sep 201720347.523.09$627
Aug 201737245.373.00$1,118
Jul 201729043.873.09$895
Jun 201731742.493.09$979
May 201737545.373.26$1,224
Apr 201737547.933.21$1,204
Mar 201739546.772.98$1,179
Feb 201736650.452.95$1,081
Jan 201736149.413.42$1,234
Dec 201636348.763.72$1,351
Nov 201635842.492.64$947
Oct 201640746.193.09$1,258
Sep 201635641.553.10$1,104
Aug 201636841.442.92$1,076
Jul 201640341.622.92$1,179
Jun 201637445.352.69$1,005
May 201641242.521.99$820
Apr 201640336.561.99$802
Mar 201643933.011.79$788
Feb 201634926.472.06$720
Jan 201644527.352.36$1,052
Dec 201541132.362.00$823
Nov 201543238.792.17$936
Oct 201545743.552.43$1,109
Sep 201544642.992.76$1,230
Aug 201545840.162.87$1,316
Jul 201548848.152.95$1,437
Jun 201547456.152.88$1,366
May 201522255.212.96$656
Apr 201546849.822.71$1,267
Mar 201547742.892.93$1,400
Feb 201545844.662.98$1,363
Jan 201550543.433.10$1,566
Dec 201455354.693.59$1,986
Nov 201456470.464.25$2,398
Oct 201463178.303.90$2,462
Sep 201438486.164.05$1,553
Aug 201424589.394.04$989
Jul 20141,07896.564.18$4,506
Jun 2014098.164.74$0
May 2014094.734.73$0
Apr 2014095.944.81$0
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 1998011.301.91$0
Jul 1998011.742.24$0
Jun 1998011.242.24$0
May 1998012.622.21$0
Apr 1998013.042.51$0
Mar 1998012.802.31$0
Feb 1998013.952.30$0
Jan 1998014.702.15$0
Dec 1997016.322.41$0
Nov 1997018.193.09$0
Oct 1997019.253.15$0
Sep 1997017.742.95$0
Aug 1997017.862.55$0
Jul 1997017.582.25$0
Jun 1997017.242.26$0
May 199743318.972.31$1,000
Apr 199796517.882.08$2,010
Mar 199799918.951.94$1,937
Feb 199794520.492.21$2,085
Jan 199786523.483.54$3,062
Dec 199660623.32$0
Nov 199693121.97$0
Oct 19961,12423.31$0
Sep 19961,18422.22$0
Aug 199697320.26$0
Jul 19961,06619.55$0
Jun 19961,14318.73$0
May 19961,15819.43$0
Apr 19961,04021.51$0
Mar 19961,07819.38$0
Feb 19961,01216.98$0
Jan 19961,00417.07$0
Dec 19951,01417.19$0
Nov 199589416.00$0
Oct 199590615.43$0
Sep 199584416.18$0
Aug 199588515.92$0
Jul 199585515.24$0
Jun 199574216.41$0
May 199565517.56$0
Apr 199566417.73$0
Mar 19952,04916.44$0
Feb 19952,24816.58$0
Jan 19952,12815.92$0
Dec 19942,43915.03$0
Nov 19942,58815.90$0
Oct 19942,84815.58$0
Sep 19943,04915.29$0
Aug 19942,86516.13$0
Jul 19942,63817.56$0
Jun 19942,17017.09$0
May 19942,06615.88$0
Apr 19941,94814.14$0
Mar 19942,61612.46$0
Feb 19942,30412.50$0
Jan 19942,51812.66$0
Dec 19932,52612.33$0
Nov 19932,39614.49$0
Oct 19932,45815.85$0
Sep 19932,93515.03$0
Aug 19933,84115.66$0
Jul 19933,55715.46$0
Jun 19933,51216.79$0
May 19933,66517.68$0
Apr 19933,85718.05$0
Mar 19934,35318.14$0
Feb 19933,48417.90$0
Jan 19934,70616.93$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                  218 Mcf  × $  2.87 =       $626

────────────────────────────────────────────────────
Month total                                     $626

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/23589 is the state's own key, not one this site invented.