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 23599District 10Field 68831001NGPA filingGasSaveExport
Value, all time
$444 k
Jan 1993 – May 2026
Value, last 12 filed months
$0
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
NGPA2none

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
GasProduction178,977 Mcf$444,306
Total$444,306

71,046 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 35.5233, -101.9153. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.52332, -101.91525 · 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

42-37500087J 7

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 2026098.932.87$0
Mar 2026089.753.15$0
Feb 2026063.503.75$0
Jan 2026059.138.00$0
Dec 2025056.664.41$0
Nov 2025058.593.93$0
Oct 2025059.383.30$0
Sep 2025062.743.08$0
Aug 2025063.933.01$0
Jul 2025066.743.32$0
Jun 2025066.483.13$0
May 2025060.553.23$0
Apr 2025062.363.54$0
Mar 2025067.704.27$0
Feb 2025070.884.34$0
Jan 2025074.324.28$0
Dec 2024068.993.12$0
Nov 2024069.052.20$0
Oct 2024071.372.28$0
Sep 2024069.612.36$0
Aug 2024075.632.06$0
Jul 2024079.932.15$0
Jun 2024078.082.63$0
May 2024078.812.20$0
Apr 2024084.451.66$0
Mar 2024080.301.55$0
Feb 2024076.091.78$0
Jan 2024073.023.30$0
Dec 2023071.262.61$0
Nov 2023077.892.81$0
Oct 2023085.443.09$0
Sep 2023089.042.74$0
Aug 2023080.522.67$0
Jul 2023074.852.64$0
Jun 2023068.962.26$0
May 2023070.622.23$0
Apr 2023078.122.24$0
Mar 2023072.852.39$0
Feb 2023075.112.47$0
Jan 2023076.533.39$0
Dec 2022076.415.73$0
Nov 2022085.005.65$0
Oct 2022087.185.86$0
Sep 2022084.888.16$0
Aug 2022094.529.13$0
Jul 20220101.587.54$0
Jun 20220115.097.98$0
May 20220109.378.43$0
Apr 20220104.226.84$0
Mar 20220108.885.08$0
Feb 2022091.054.86$0
Jan 2022081.844.54$0
Dec 2021071.323.90$0
Nov 2021077.435.24$0
Oct 2021079.795.71$0
Sep 2021069.865.35$0
Aug 2021066.024.22$0
Jul 2021070.783.98$0
Jun 2021269.493.38$7
May 2021863.483.02$24
Apr 2021060.362.76$0
Mar 2021561.302.72$14
Feb 2021057.805.55$0
Jan 2021150.412.81$3
Dec 2020044.642.68$0
Nov 2020038.772.71$0
Oct 2020036.972.48$0
Sep 2020037.091.99$0
Aug 2020039.982.39$0
Jul 2020238.371.83$4
Jun 2020034.901.69$0
May 2020016.921.81$0
Apr 2020014.751.80$0
Mar 2020030.341.86$0
Feb 2020049.881.98$0
Jan 2020057.252.09$0
Dec 2019059.012.30$0
Nov 2019055.302.75$0
Oct 2019153.472.42$2
Sep 2019055.052.66$0
Aug 2019053.112.30$0
Jul 2019056.272.46$0
Jun 2019252.782.49$5
May 2019058.482.74$0
Apr 2019062.632.75$0
Mar 2019556.803.06$15
Feb 2019050.852.79$0
Jan 2019046.033.23$0
Dec 2018046.594.19$0
Nov 2018052.934.24$0
Oct 2018961.443.40$31
Sep 2018959.543.11$28
Aug 20182459.403.07$74
Jul 20182565.142.93$73
Jun 20183260.183.08$98
May 20184665.382.90$133
Apr 20187463.842.90$215
Mar 2018461.222.79$11
Feb 20184961.782.77$136
Jan 20186362.874.01$253
Dec 20177357.272.92$213
Nov 20178455.423.12$262
Oct 20177049.292.98$209
Sep 20173147.523.09$96
Aug 201712245.373.00$367
Jul 20176143.873.09$188
Jun 20179142.493.09$281
May 20179845.373.26$320
Apr 20179747.933.21$312
Mar 201710546.772.98$313
Feb 201710350.452.95$304
Jan 201711849.413.42$403
Dec 201612648.763.72$469
Nov 201613442.492.64$354
Oct 201614546.193.09$448
Sep 201613741.553.10$425
Aug 201612641.442.92$368
Jul 201614241.622.92$415
Jun 201614045.352.69$376
May 201614842.521.99$295
Apr 201614836.561.99$295
Mar 201616033.011.79$287
Feb 201614426.472.06$297
Jan 201616727.352.36$395
Dec 201517632.362.00$352
Nov 201515938.792.17$345
Oct 201520243.552.43$490
Sep 201515042.992.76$414
Aug 201511240.162.87$322
Jul 201514748.152.95$433
Jun 201515056.152.88$432
May 201516555.212.96$488
Apr 201520249.822.71$547
Mar 201521242.892.93$622
Feb 201519544.662.98$580
Jan 201523243.433.10$719
Dec 201423954.693.59$858
Nov 201422870.464.25$969
Oct 201425578.303.90$995
Sep 201422986.164.05$926
Aug 201420889.394.04$839
Jul 201425296.564.18$1,053
Jun 201425698.164.74$1,213
May 201430294.734.73$1,427
Apr 201425195.944.81$1,207
Mar 201426995.895.06$1,360
Feb 201426297.406.19$1,622
Jan 201426090.404.86$1,264
Dec 201324991.824.35$1,084
Nov 201330688.853.74$1,144
Oct 201332597.423.78$1,228
Sep 2013302104.113.72$1,123
Aug 2013372104.253.52$1,310
Jul 2013300102.523.72$1,115
Jun 201339994.403.93$1,569
May 201335294.834.15$1,460
Apr 201332493.964.28$1,388
Mar 201329593.623.91$1,154
Feb 201329591.233.42$1,009
Jan 201337191.603.42$1,269
Dec 201230786.773.42$1,050
Nov 201238386.953.62$1,388
Oct 201239389.383.40$1,336
Sep 201224994.672.92$727
Aug 20125092.662.91$145
Jul 201217585.133.02$529
Jun 201220479.822.52$514
May 201232391.612.49$804
Apr 2012279101.652.00$557
Mar 2012323105.052.22$718
Feb 2012277101.102.57$712
Jan 201228798.092.73$785
Dec 201127796.873.24$897
Nov 201128895.723.31$954
Oct 201130684.983.65$1,116
Sep 201135683.623.99$1,419
Aug 201134383.404.15$1,423
Jul 201139194.144.52$1,766
Jun 201138992.904.64$1,805
May 201140698.134.40$1,788
Apr 2011414105.964.33$1,794
Mar 20117696.364.06$308
Feb 201130485.644.18$1,271
Jan 201128986.504.59$1,326
Dec 201028685.734.35$1,243
Nov 201038580.843.80$1,461
Oct 201036778.103.51$1,288
Sep 201035472.633.98$1,409
Aug 201028973.684.42$1,277
Jul 201018472.554.74$872
Jun 201020770.364.91$1,016
May 201023171.124.24$978
Apr 201038581.694.12$1,587
Mar 201039578.394.39$1,734
Feb 201037173.585.44$2,019
Jan 201041474.365.96$2,469
Dec 200945171.445.48$2,473
Nov 200941874.593.75$1,568
Oct 200936772.544.11$1,508
Sep 200931665.543.06$968
Aug 200933067.423.22$1,062
Jul 200931861.133.46$1,102
Jun 200929766.163.90$1,157
May 200934554.743.93$1,354
Apr 200929146.773.59$1,044
Mar 200927742.144.06$1,124
Feb 200922932.814.63$1,061
Jan 200923335.865.37$1,251
Dec 200816837.105.98$1,004
Nov 200811255.496.86$768
Oct 200817475.246.92$1,204
Sep 2008224101.767.88$1,764
Aug 2008337114.228.48$2,859
Jul 2008324131.0811.39$3,690
Jun 2008303131.3313.03$3,949
May 2008259123.1711.57$2,998
Apr 2008308110.3110.45$3,220
Mar 2008364101.909.66$3,518
Feb 200827992.538.77$2,447
Jan 200828490.388.21$2,330
Dec 200746388.337.30$3,381
Nov 200741591.677.29$3,026
Oct 200744382.856.92$3,066
Sep 200742775.846.24$2,666
Aug 200746069.066.39$2,938
Jul 200746870.906.39$2,990
Jun 200755962.007.55$4,220
May 200733058.747.85$2,589
Apr 2007059.617.81$0
Mar 2007056.927.30$0
Feb 20071655.108.22$131
Jan 200741850.306.73$2,812
Dec 200625156.656.92$1,737
Nov 200613354.207.62$1,013
Oct 200627454.906.01$1,648
Sep 200631660.085.04$1,592
Aug 200636568.717.34$2,679
Jul 200616869.376.34$1,066
Jun 200610666.286.38$677
May 200625366.016.42$1,626
Apr 200646564.397.36$3,423
Mar 200611556.707.08$815
Feb 20068257.597.75$636
Jan 200624660.598.93$2,198
Dec 200534654.9413.42$4,642
Nov 200549554.6910.59$5,241
Oct 200552258.3413.80$7,201
Sep 200547661.4512.08$5,750
Aug 200555961.519.80$5,476
Jul 20056655.697.84$518
Jun 2005052.337.38$0
May 200515345.226.65$1,018
Apr 200543249.207.36$3,180
Mar 20056150.377.15$436
Feb 2005045.226.31$0
Jan 2005043.166.32$0
Dec 200424239.866.75$1,634
Nov 200444845.286.33$2,836
Oct 200445249.706.52$2,945
Sep 200443343.245.28$2,288
Aug 200450542.375.55$2,803
Jul 200442338.286.08$2,574
Jun 200452836.106.43$3,397
May 200436737.486.49$2,384
Apr 200454334.475.86$3,181
Mar 200436534.365.53$2,019
Feb 2004632.455.51$33
Jan 200446332.036.30$2,917
Dec 200359330.266.30$3,737
Nov 200363728.804.60$2,927
Oct 200337828.174.76$1,799
Sep 200331526.314.75$1,496
Aug 200355129.765.13$2,826
Jul 200326729.415.17$1,381
Jun 200321928.565.98$1,310
May 200330126.595.97$1,798
Apr 200324226.675.41$1,309
Mar 200337531.146.10$2,286
Feb 200345833.487.93$3,630
Jan 200349130.315.58$2,741
Dec 200258626.914.85$2,844
Nov 200248624.664.14$2,011
Oct 200250126.464.23$2,119
Sep 200248927.443.64$1,778
Aug 200244625.963.16$1,411
Jul 200231824.583.06$974
Jun 200227023.733.34$901
May 200230724.663.58$1,100
Apr 200235523.653.51$1,247
Mar 200263822.003.10$1,980
Feb 200242518.222.38$1,010
Jan 200223517.172.38$558
Dec 200161416.932.36$1,452
Nov 200147618.072.41$1,145
Oct 200111519.782.53$291
Sep 200151524.262.25$1,159
Aug 200178024.873.05$2,381
Jul 200187123.933.20$2,785
Jun 200132224.563.82$1,231
May 200177225.524.31$3,325
Apr 200179324.685.34$4,231
Mar 200185324.545.38$4,586
Feb 200188427.755.77$5,098
Jan 200150227.478.40$4,216
Dec 200057026.889.12$5,200
Nov 200079332.215.66$4,487
Oct 200082431.235.15$4,240
Sep 200075931.875.19$3,937
Aug 200095129.644.54$4,318
Jul 200088828.534.09$3,632
Jun 200076829.304.40$3,377
May 200093527.263.68$3,441
Apr 200079824.513.12$2,487
Mar 200093128.422.86$2,662
Feb 200079227.622.73$2,159
Jan 200087425.272.48$2,168
Dec 199980124.282.42$1,941
Nov 199988323.192.43$2,149
Oct 19991,00020.982.80$2,804
Sep 199979821.752.62$2,090
Aug 199992419.262.88$2,657
Jul 199975117.892.37$1,782
Jun 199998615.942.36$2,329
May 199987115.792.32$2,022
Apr 199977615.102.21$1,713
Mar 199999612.471.84$1,831
Feb 19998509.981.82$1,545
Jan 199999010.381.90$1,881
Dec 19988449.201.77$1,497
Nov 19981,01010.892.19$2,208
Oct 19981,02112.421.97$2,011
Sep 19981,09312.592.08$2,276
Aug 19981,13011.301.91$2,155
Jul 19981,14411.742.24$2,559
Jun 199899111.242.24$2,217
May 199898012.622.21$2,162
Apr 19981,15313.042.51$2,889
Mar 199880012.802.31$1,848
Feb 199895713.952.30$2,200
Jan 19981,07814.702.15$2,323
Dec 19971,04016.322.41$2,508
Nov 19971,00418.193.09$3,101
Oct 19971,12419.253.15$3,540
Sep 19971,06417.742.95$3,144
Aug 19971,23017.862.55$3,142
Jul 19971,15917.582.25$2,604
Jun 19971,02417.242.26$2,311
May 199796518.972.31$2,228
Apr 19971,07117.882.08$2,231
Mar 19971,14518.951.94$2,220
Feb 19971,08320.492.21$2,389
Jan 19971,17523.483.54$4,159
Dec 19961,24023.32$0
Nov 19961,10221.97$0
Oct 19961,47023.31$0
Sep 19961,11722.22$0
Aug 19961,33720.26$0
Jul 19961,26719.55$0
Jun 199699018.73$0
May 19961,28219.43$0
Apr 19961,14121.51$0
Mar 19961,36419.38$0
Feb 19961,15816.98$0
Jan 19961,11317.07$0
Dec 19951,34917.19$0
Nov 19951,27016.00$0
Oct 19951,35015.43$0
Sep 19951,42216.18$0
Aug 19951,55115.92$0
Jul 19951,97715.24$0
Jun 199555616.41$0
May 19951,60817.56$0
Apr 19951,61517.73$0
Mar 199581916.44$0
Feb 19951,56916.58$0
Jan 19951,12915.92$0
Dec 19941,50115.03$0
Nov 19941,36315.90$0
Oct 19941,58715.58$0
Sep 19941,62315.29$0
Aug 19941,61016.13$0
Jul 19941,73917.56$0
Jun 19941,33417.09$0
May 19941,67915.88$0
Apr 19942,00814.14$0
Mar 19941,76712.46$0
Feb 19941,94412.50$0
Jan 19941,93712.66$0
Dec 19931,16012.33$0
Nov 19931,97914.49$0
Oct 19932,26615.85$0
Sep 19931,37015.03$0
Aug 19931,54415.66$0
Jul 19931,57815.46$0
Jun 19931,55216.79$0
May 19931,68617.68$0
Apr 19931,75318.05$0
Mar 19931,76218.14$0
Feb 19931,54717.90$0
Jan 19931,96116.93$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.

Jun 2021 — as filed, then multipliedworked
Gas                    2 Mcf  × $  3.38 =         $7

────────────────────────────────────────────────────
Month total                                       $7

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/23599 is the state's own key, not one this site invented.