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 23590District 10Field 68831001GasSaveExport
Value, all time
$358 k
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
GasProduction369,606 Mcf$357,886
Total$357,886

259,282 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 35.5748, -101.9384. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.57484, -101.93836 · 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
Feb 1973
1 of 1 wells

1 well

42-37500307G 4Feb 1973

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 202649798.932.87$1,426
Mar 202649589.753.15$1,559
Feb 202641063.503.75$1,538
Jan 202651059.138.00$4,079
Dec 202540656.664.41$1,792
Nov 202548458.593.93$1,900
Oct 202550559.383.30$1,669
Sep 202549562.743.08$1,523
Aug 202544463.933.01$1,339
Jul 202546866.743.32$1,552
Jun 202549866.483.13$1,558
May 202548560.553.23$1,568
Apr 202549362.363.54$1,747
Mar 202557267.704.27$2,441
Feb 202521170.884.34$916
Jan 202544074.324.28$1,883
Dec 202452068.993.12$1,623
Nov 202446069.052.20$1,011
Oct 202453471.372.28$1,218
Sep 202452569.612.36$1,241
Aug 202456375.632.06$1,162
Jul 202457779.932.15$1,239
Jun 202452378.082.63$1,378
May 202455178.812.20$1,211
Apr 202453384.451.66$884
Mar 202453380.301.55$824
Feb 202448376.091.78$862
Jan 202451673.023.30$1,702
Dec 202358271.262.61$1,519
Nov 202355477.892.81$1,555
Oct 202357285.443.09$1,766
Sep 202357089.042.74$1,559
Aug 202362480.522.67$1,668
Jul 202397174.852.64$2,565
Jun 202355868.962.26$1,260
May 202361370.622.23$1,365
Apr 202359578.122.24$1,331
Mar 202362472.852.39$1,493
Feb 202355975.112.47$1,378
Jan 202361676.533.39$2,087
Dec 202265876.415.73$3,770
Nov 202264585.005.65$3,642
Oct 202260887.185.86$3,565
Sep 202262384.888.16$5,086
Aug 202266094.529.13$6,024
Jul 2022676101.587.54$5,098
Jun 2022608115.097.98$4,850
May 2022640109.378.43$5,397
Apr 2022602104.226.84$4,116
Mar 2022677108.885.08$3,437
Feb 202260191.054.86$2,920
Jan 202262981.844.54$2,854
Dec 202132271.323.90$1,256
Nov 202156377.435.24$2,948
Oct 202158079.795.71$3,314
Sep 202161869.865.35$3,307
Aug 202167066.024.22$2,828
Jul 202163970.783.98$2,545
Jun 202166069.493.38$2,231
May 202168163.483.02$2,055
Apr 202140360.362.76$1,112
Mar 202167861.302.72$1,842
Feb 202124757.805.55$1,370
Jan 202162550.412.81$1,756
Dec 202064544.642.68$1,726
Nov 202051138.772.71$1,383
Oct 202058736.972.48$1,455
Sep 202070837.091.99$1,410
Aug 202077039.982.39$1,837
Jul 202064138.371.83$1,170
Jun 202055234.901.69$933
May 202073116.921.81$1,327
Apr 202067214.751.80$1,213
Mar 202068030.341.86$1,262
Feb 202057349.881.98$1,135
Jan 202061357.252.09$1,284
Dec 2019059.012.30$0
Nov 201961755.302.75$1,697
Oct 201951253.472.42$1,238
Sep 201975955.052.66$2,017
Aug 2019053.112.30$0
Jul 201959456.272.46$1,461
Jun 201945252.782.49$1,126
May 201960158.482.74$1,647
Apr 201965762.632.75$1,807
Mar 201953356.803.06$1,632
Feb 2019050.852.79$0
Jan 2019046.033.23$0
Dec 2018046.594.19$0
Nov 2018052.934.24$0
Oct 201875461.443.40$2,562
Sep 201879859.543.11$2,480
Aug 201886159.403.07$2,640
Jul 201878465.142.93$2,299
Jun 201875860.183.08$2,332
May 201884265.382.90$2,442
Apr 201898163.842.90$2,846
Mar 201823261.222.79$647
Feb 201871761.782.77$1,983
Jan 201817762.874.01$710
Dec 2017057.272.92$0
Nov 201733055.423.12$1,029
Oct 201756549.292.98$1,686
Sep 201739547.523.09$1,219
Aug 201729445.373.00$883
Jul 201728443.873.09$877
Jun 201789042.493.09$2,748
May 201786145.373.26$2,810
Apr 201779647.933.21$2,556
Mar 201786646.772.98$2,584
Feb 201773650.452.95$2,173
Jan 201783349.413.42$2,848
Dec 201691848.763.72$3,418
Nov 201687742.492.64$2,319
Oct 201682746.193.09$2,556
Sep 201682241.553.10$2,549
Aug 201688441.442.92$2,585
Jul 201693841.622.92$2,743
Jun 201688345.352.69$2,372
May 20161,01742.521.99$2,025
Apr 201693536.561.99$1,862
Mar 20161,00633.011.79$1,805
Feb 201689126.472.06$1,839
Jan 20161,11527.352.36$2,636
Dec 201592132.362.00$1,843
Nov 201589338.792.17$1,935
Oct 201596443.552.43$2,339
Sep 201590242.992.76$2,488
Aug 201588640.162.87$2,545
Jul 201596348.152.95$2,836
Jun 201594256.152.88$2,716
May 201563555.212.96$1,877
Apr 20151,11549.822.71$3,018
Mar 20151,15742.892.93$3,395
Feb 201597344.662.98$2,896
Jan 20151,17443.433.10$3,640
Dec 20141,12354.693.59$4,033
Nov 201496970.464.25$4,120
Oct 201494278.303.90$3,675
Sep 20141,05986.164.05$4,284
Aug 201499989.394.04$4,031
Jul 20141,35096.564.18$5,642
Jun 20141,31298.164.74$6,215
May 20141,39694.734.73$6,598
Apr 20141,17795.944.81$5,660
Mar 20141,48095.895.06$7,484
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 1997018.972.31$0
Apr 19972,47517.882.08$5,155
Mar 19974,30418.951.94$8,346
Feb 19973,60920.492.21$7,961
Jan 19973,84723.483.54$13,617
Dec 19963,84823.32$0
Nov 19963,78921.97$0
Oct 19962,84423.31$0
Sep 19962,73122.22$0
Aug 19964,37320.26$0
Jul 19965,89519.55$0
Jun 19965,30018.73$0
May 19965,81719.43$0
Apr 19965,52221.51$0
Mar 19965,22519.38$0
Feb 19964,66216.98$0
Jan 19965,15817.07$0
Dec 19955,68917.19$0
Nov 19955,31616.00$0
Oct 19955,89915.43$0
Sep 19955,16216.18$0
Aug 19956,15915.92$0
Jul 19956,17115.24$0
Jun 19955,40616.41$0
May 19955,07217.56$0
Apr 19955,85917.73$0
Mar 19955,19116.44$0
Feb 19953,80116.58$0
Jan 19954,71715.92$0
Dec 19945,30315.03$0
Nov 19945,57015.90$0
Oct 19946,52015.58$0
Sep 19946,19615.29$0
Aug 19946,12816.13$0
Jul 19945,80917.56$0
Jun 19945,06817.09$0
May 19943,73815.88$0
Apr 19944,00214.14$0
Mar 19944,90912.46$0
Feb 19944,30112.50$0
Jan 19945,00212.66$0
Dec 19934,74412.33$0
Nov 19936,13614.49$0
Oct 19936,48715.85$0
Sep 19936,62815.03$0
Aug 19936,92715.66$0
Jul 19937,39215.46$0
Jun 19937,07116.79$0
May 19935,23217.68$0
Apr 19936,62618.05$0
Mar 19936,58518.14$0
Feb 19936,46017.90$0
Jan 19936,84216.93$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                  497 Mcf  × $  2.87 =     $1,426

────────────────────────────────────────────────────
Month total                                   $1,426

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/23590 is the state's own key, not one this site invented.