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 23596District 10Field 68831001GasSaveExport
Value, all time
$899 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.

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
GasProduction436,728 Mcf$898,756
Total$898,756

210,647 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 35.5481, -101.9392. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.54814, -101.93921 · 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
Dec 1968
1 of 1 wells

1 well

42-37500088J 4Dec 1968

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 202619598.932.87$560
Mar 202623689.753.15$743
Feb 202618063.503.75$675
Jan 202617659.138.00$1,408
Dec 202520456.664.41$900
Nov 202520258.593.93$793
Oct 202522159.383.30$730
Sep 202523462.743.08$720
Aug 202528063.933.01$844
Jul 202524766.743.32$819
Jun 202519366.483.13$604
May 202524560.553.23$792
Apr 202529162.363.54$1,031
Mar 202517867.704.27$760
Feb 20255170.884.34$221
Jan 20258074.324.28$342
Dec 2024068.993.12$0
Nov 20247769.052.20$169
Oct 2024071.372.28$0
Sep 202416769.612.36$395
Aug 202419175.632.06$394
Jul 202422179.932.15$474
Jun 202421178.082.63$556
May 202423878.812.20$523
Apr 202420284.451.66$335
Mar 202413680.301.55$210
Feb 202414376.091.78$255
Jan 202416373.023.30$538
Dec 202322571.262.61$587
Nov 202322777.892.81$637
Oct 202323585.443.09$726
Sep 202325189.042.74$687
Aug 202324280.522.67$647
Jul 202311874.852.64$312
Jun 202323668.962.26$533
May 202324270.622.23$539
Apr 202324478.122.24$546
Mar 202319872.852.39$474
Feb 202316975.112.47$417
Jan 202319576.533.39$661
Dec 202220176.415.73$1,152
Nov 202222385.005.65$1,259
Oct 202223687.185.86$1,384
Sep 202224584.888.16$2,000
Aug 202225894.529.13$2,355
Jul 2022260101.587.54$1,961
Jun 2022236115.097.98$1,883
May 2022237109.378.43$1,999
Apr 2022232104.226.84$1,586
Mar 2022219108.885.08$1,112
Feb 202218191.054.86$879
Jan 202219281.844.54$871
Dec 202124171.323.90$940
Nov 202124877.435.24$1,299
Oct 202125979.795.71$1,480
Sep 202126169.865.35$1,397
Aug 202128166.024.22$1,186
Jul 202125570.783.98$1,015
Jun 202127069.493.38$913
May 202132963.483.02$993
Apr 202119960.362.76$549
Mar 202123861.302.72$647
Feb 20219857.805.55$544
Jan 202116650.412.81$467
Dec 202023044.642.68$615
Nov 202019138.772.71$517
Oct 202023236.972.48$575
Sep 202025437.091.99$506
Aug 202023539.982.39$561
Jul 202027038.371.83$493
Jun 202026134.901.69$441
May 202027116.921.81$492
Apr 202026014.751.80$469
Mar 202025130.341.86$466
Feb 202018549.881.98$366
Jan 202022757.252.09$476
Dec 2019059.012.30$0
Nov 201922855.302.75$627
Oct 201928453.472.42$687
Sep 201923355.052.66$619
Aug 2019053.112.30$0
Jul 201928656.272.46$704
Jun 201922452.782.49$558
May 201925058.482.74$685
Apr 201916362.632.75$448
Mar 201916356.803.06$499
Feb 2019050.852.79$0
Jan 2019046.033.23$0
Dec 2018046.594.19$0
Nov 2018052.934.24$0
Oct 201828761.443.40$975
Sep 201829359.543.11$911
Aug 201827159.403.07$831
Jul 201829065.142.93$850
Jun 201826360.183.08$809
May 201828065.382.90$812
Apr 201824763.842.90$717
Mar 20186361.222.79$176
Feb 201832561.782.77$899
Jan 20189862.874.01$393
Dec 20176257.272.92$181
Nov 201738555.423.12$1,201
Oct 201710349.292.98$307
Sep 20177247.523.09$222
Aug 201716245.373.00$487
Jul 20175643.873.09$173
Jun 201727542.493.09$849
May 201723445.373.26$764
Apr 201711347.933.21$363
Mar 201729546.772.98$880
Feb 201722350.452.95$658
Jan 201723849.413.42$814
Dec 201625748.763.72$957
Nov 201638542.492.64$1,018
Oct 201614246.193.09$439
Sep 201620041.553.10$620
Aug 201624741.442.92$722
Jul 201629641.622.92$866
Jun 201631445.352.69$843
May 201632542.521.99$647
Apr 201634036.561.99$677
Mar 20164933.011.79$88
Feb 201624926.472.06$514
Jan 201624027.352.36$567
Dec 201528532.362.00$570
Nov 201529738.792.17$644
Oct 201532743.552.43$793
Sep 201533142.992.76$913
Aug 201534140.162.87$980
Jul 20158848.152.95$259
Jun 201525156.152.88$724
May 20158455.212.96$248
Apr 201530849.822.71$834
Mar 201531642.892.93$927
Feb 201533744.662.98$1,003
Jan 201514343.433.10$443
Dec 201417454.693.59$625
Nov 201425370.464.25$1,076
Oct 201426278.303.90$1,022
Sep 2014086.164.05$0
Aug 201419289.394.04$775
Jul 201428496.564.18$1,187
Jun 201430498.164.74$1,440
May 201432494.734.73$1,531
Apr 201428895.944.81$1,385
Mar 201425695.895.06$1,295
Feb 201425197.406.19$1,554
Jan 201425090.404.86$1,215
Dec 201317291.824.35$749
Nov 201327488.853.74$1,024
Oct 201330397.423.78$1,145
Sep 2013325104.113.72$1,208
Aug 2013351104.253.52$1,236
Jul 2013326102.523.72$1,212
Jun 201335294.403.93$1,385
May 201320694.834.15$855
Apr 201331393.964.28$1,340
Mar 201328193.623.91$1,100
Feb 201327491.233.42$937
Jan 201326691.603.42$910
Dec 201234486.773.42$1,177
Nov 201233886.953.62$1,225
Oct 201234189.383.40$1,159
Sep 201237594.672.92$1,094
Aug 201239092.662.91$1,134
Jul 201240285.133.02$1,214
Jun 201238079.822.52$957
May 201235491.612.49$881
Apr 2012237101.652.00$473
Mar 2012402105.052.22$893
Feb 2012340101.102.57$874
Jan 201236598.092.73$998
Dec 201139496.873.24$1,276
Nov 201142895.723.31$1,417
Oct 201142084.983.65$1,532
Sep 201133483.623.99$1,331
Aug 201137283.404.15$1,544
Jul 201138994.144.52$1,757
Jun 201138592.904.64$1,786
May 201143398.134.40$1,907
Apr 2011419105.964.33$1,816
Mar 201144396.364.06$1,797
Feb 201140485.644.18$1,689
Jan 201145286.504.59$2,074
Dec 201042785.734.35$1,856
Nov 201044380.843.80$1,681
Oct 201045778.103.51$1,604
Sep 201043572.633.98$1,731
Aug 201047073.684.42$2,077
Jul 201039572.554.74$1,871
Jun 201044170.364.91$2,165
May 201045271.124.24$1,914
Apr 201049881.694.12$2,053
Mar 201030578.394.39$1,339
Feb 201027573.585.44$1,497
Jan 201038974.365.96$2,320
Dec 200946671.445.48$2,555
Nov 200948774.593.75$1,827
Oct 200951472.544.11$2,113
Sep 200952665.543.06$1,612
Aug 200936667.423.22$1,178
Jul 200951061.133.46$1,767
Jun 200950066.163.90$1,948
May 200950754.743.93$1,990
Apr 200952246.773.59$1,873
Mar 200947742.144.06$1,936
Feb 200951532.814.63$2,386
Jan 200955035.865.37$2,954
Dec 200858237.105.98$3,479
Nov 200856455.496.86$3,869
Oct 200856875.246.92$3,932
Sep 2008583101.767.88$4,592
Aug 2008634114.228.48$5,378
Jul 2008766131.0811.39$8,724
Jun 2008297131.3313.03$3,871
May 2008260123.1711.57$3,009
Apr 2008342110.3110.45$3,576
Mar 2008360101.909.66$3,479
Feb 200828292.538.77$2,473
Jan 200819390.388.21$1,584
Dec 200737388.337.30$2,724
Nov 200742291.677.29$3,077
Oct 200744382.856.92$3,066
Sep 200753275.846.24$3,322
Aug 200760169.066.39$3,839
Jul 200741470.906.39$2,645
Jun 200757962.007.55$4,371
May 200766558.747.85$5,218
Apr 200753559.617.81$4,176
Mar 200776256.927.30$5,564
Feb 200749755.108.22$4,083
Jan 200756750.306.73$3,814
Dec 200662256.656.92$4,303
Nov 200664954.207.62$4,944
Oct 200666454.906.01$3,993
Sep 200667560.085.04$3,400
Aug 200664868.717.34$4,756
Jul 200672269.376.34$4,579
Jun 200670366.286.38$4,488
May 200669266.016.42$4,446
Apr 200657964.397.36$4,262
Mar 200674856.707.08$5,298
Feb 200672057.597.75$5,581
Jan 200646060.598.93$4,109
Dec 200564954.9413.42$8,707
Nov 200572954.6910.59$7,719
Oct 200581458.3413.80$11,230
Sep 200582561.4512.08$9,965
Aug 200588561.519.80$8,670
Jul 200559055.697.84$4,628
Jun 2005052.337.38$0
May 200541445.226.65$2,754
Apr 200572249.207.36$5,314
Mar 200546650.377.15$3,334
Feb 200535745.226.31$2,253
Jan 200538743.166.32$2,447
Dec 200434539.866.75$2,329
Nov 200468245.286.33$4,317
Oct 200481949.706.52$5,336
Sep 200482543.245.28$4,359
Aug 200487742.375.55$4,868
Jul 200484638.286.08$5,147
Jun 200491136.106.43$5,860
May 200483837.486.49$5,442
Apr 200455434.475.86$3,246
Mar 200431534.365.53$1,742
Feb 200442732.455.51$2,353
Jan 200461532.036.30$3,874
Dec 200380130.266.30$5,048
Nov 200366928.804.60$3,074
Oct 200381328.174.76$3,870
Sep 200373626.314.75$3,496
Aug 200381929.765.13$4,201
Jul 200388129.415.17$4,556
Jun 200332728.565.98$1,956
May 200396526.595.97$5,764
Apr 200369926.675.41$3,780
Mar 20031,03431.146.10$6,303
Feb 200397933.487.93$7,759
Jan 200398630.315.58$5,504
Dec 20021,04026.914.85$5,048
Nov 20021,20824.664.14$4,997
Oct 20021,24926.464.23$5,282
Sep 20021,25927.443.64$4,577
Aug 200289825.963.16$2,841
Jul 20021,31624.583.06$4,029
Jun 20021,23623.733.34$4,126
May 20021,44124.663.58$5,165
Apr 20021,36323.653.51$4,787
Mar 20021,28422.003.10$3,984
Feb 20021,18518.222.38$2,815
Jan 20021,20417.172.38$2,860
Dec 20011,24416.932.36$2,941
Nov 200197218.072.41$2,338
Oct 20011,28919.782.53$3,260
Sep 20011,30724.262.25$2,942
Aug 20011,58324.873.05$4,833
Jul 20011,61023.933.20$5,147
Jun 20011,49324.563.82$5,709
May 20011,46625.524.31$6,315
Apr 20011,27824.685.34$6,819
Mar 20011,29824.545.38$6,979
Feb 20011,19827.755.77$6,909
Jan 20011,21927.478.40$10,238
Dec 20001,25626.889.12$11,458
Nov 20001,55732.215.66$8,810
Oct 20001,81831.235.15$9,355
Sep 20001,63031.875.19$8,454
Aug 20001,95229.644.54$8,864
Jul 20001,52228.534.09$6,225
Jun 20001,41129.304.40$6,205
May 20001,76427.263.68$6,491
Apr 20001,75124.513.12$5,456
Mar 20001,48128.422.86$4,235
Feb 20001,80927.622.73$4,932
Jan 20001,40225.272.48$3,478
Dec 19991,36224.282.42$3,301
Nov 19992,16223.192.43$5,262
Oct 19992,03320.982.80$5,700
Sep 19991,74021.752.62$4,557
Aug 19991,59719.262.88$4,592
Jul 19991,60417.892.37$3,805
Jun 19991,67815.942.36$3,964
May 19991,51715.792.32$3,521
Apr 19991,70915.102.21$3,774
Mar 19991,96712.471.84$3,616
Feb 19991,4489.981.82$2,632
Jan 19991,68610.381.90$3,203
Dec 19981,9099.201.77$3,385
Nov 19981,90510.892.19$4,164
Oct 19981,97512.421.97$3,889
Sep 19982,13112.592.08$4,438
Aug 19982,45111.301.91$4,675
Jul 19982,42511.742.24$5,425
Jun 19981,92511.242.24$4,307
May 19982,50512.622.21$5,527
Apr 19982,32213.042.51$5,817
Mar 19981,88512.802.31$4,353
Feb 19981,93713.952.30$4,453
Jan 19981,51814.702.15$3,271
Dec 19972,55816.322.41$6,168
Nov 19972,32718.193.09$7,186
Oct 19972,43219.253.15$7,660
Sep 19972,74117.742.95$8,099
Aug 19972,94917.862.55$7,534
Jul 19972,91517.582.25$6,550
Jun 19972,62217.242.26$5,918
May 19972,75018.972.31$6,348
Apr 19972,42417.882.08$5,049
Mar 19972,64418.951.94$5,127
Feb 19972,18720.492.21$4,824
Jan 19972,90123.483.54$10,269
Dec 19962,75223.32$0
Nov 19963,18921.97$0
Oct 19963,46423.31$0
Sep 19963,11922.22$0
Aug 19963,33520.26$0
Jul 19963,44019.55$0
Jun 19963,16418.73$0
May 19963,72119.43$0
Apr 19963,47221.51$0
Mar 19963,59619.38$0
Feb 19963,49216.98$0
Jan 19962,79017.07$0
Dec 19953,30117.19$0
Nov 19953,94116.00$0
Oct 19953,89715.43$0
Sep 19954,07616.18$0
Aug 19954,09615.92$0
Jul 19954,63215.24$0
Jun 19954,32016.41$0
May 19952,68717.56$0
Apr 19953,52717.73$0
Mar 19954,45416.44$0
Feb 19953,84916.58$0
Jan 19954,27815.92$0
Dec 19944,61115.03$0
Nov 19944,47515.90$0
Oct 19945,30815.58$0
Sep 19945,51515.29$0
Aug 19943,07216.13$0
Jul 19944,45717.56$0
Jun 19943,81117.09$0
May 19945,64915.88$0
Apr 19944,76514.14$0
Mar 19945,15112.46$0
Feb 19944,60912.50$0
Jan 19945,05812.66$0
Dec 19934,43712.33$0
Nov 19934,35414.49$0
Oct 19935,17415.85$0
Sep 19936,45015.03$0
Aug 19934,93715.66$0
Jul 19935,69515.46$0
Jun 19934,72416.79$0
May 19936,55117.68$0
Apr 19938,41018.05$0
Mar 19936,80518.14$0
Feb 19934,60217.90$0
Jan 19935,43516.93$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                  195 Mcf  × $  2.87 =       $560

────────────────────────────────────────────────────
Month total                                     $560

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/23596 is the state's own key, not one this site invented.