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 23603District 10Field 68831001GasSaveExport
Value, all time
$3.2 M
Jan 1993 – May 2026
Value, last 12 filed months
$84 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
GasProduction1,117,242 Mcf$3,190,307
Total$3,190,307

396,544 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 35.6447, -101.8114. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.64471, -101.81140 · 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
12,925 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 12,925 ft.

Completions filed
May 2006
1 of 1 wells

1 well

42-34100368M 512,925 ftMay 2006

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 20262,06798.932.87$5,932
Mar 20262,11789.753.15$6,667
Feb 20261,75963.503.75$6,597
Jan 20261,86559.138.00$14,916
Dec 20252,12756.664.41$9,387
Nov 20252,05258.593.93$8,057
Oct 20252,16259.383.30$7,145
Sep 20252,13662.743.08$6,572
Aug 20251,63063.933.01$4,914
Jul 20252,21766.743.32$7,350
Jun 20252,10966.483.13$6,598
May 20252,18760.553.23$7,069
Apr 20252,11862.363.54$7,504
Mar 20251,77167.704.27$7,559
Feb 20251,93270.884.34$8,387
Jan 20252,07674.324.28$8,883
Dec 20242,21068.993.12$6,898
Nov 20242,15969.052.20$4,746
Oct 20242,24571.372.28$5,122
Sep 20242,16969.612.36$5,128
Aug 20242,24475.632.06$4,631
Jul 20242,32179.932.15$4,982
Jun 20242,26678.082.63$5,969
May 20242,32178.812.20$5,103
Apr 20242,22584.451.66$3,692
Mar 20242,24980.301.55$3,475
Feb 20242,08776.091.78$3,722
Jan 20242,14573.023.30$7,073
Dec 20232,28571.262.61$5,966
Nov 20232,29577.892.81$6,443
Oct 20232,38885.443.09$7,372
Sep 20232,29589.042.74$6,277
Aug 20232,31380.522.67$6,182
Jul 20232,48474.852.64$6,562
Jun 20232,32668.962.26$5,253
May 20232,39970.622.23$5,344
Apr 20232,23578.122.24$5,001
Mar 20232,35572.852.39$5,636
Feb 20232,12975.112.47$5,249
Jan 20232,42876.533.39$8,225
Dec 20222,46476.415.73$14,116
Nov 20222,41385.005.65$13,624
Oct 20222,51187.185.86$14,724
Sep 20222,19184.888.16$17,887
Aug 20222,49294.529.13$22,745
Jul 20222,519101.587.54$18,999
Jun 20222,434115.097.98$19,417
May 20222,474109.378.43$20,863
Apr 20222,431104.226.84$16,622
Mar 20222,437108.885.08$12,371
Feb 20222,12091.054.86$10,301
Jan 20222,38281.844.54$10,809
Dec 20212,54771.323.90$9,931
Nov 20212,48277.435.24$12,998
Oct 20212,55779.795.71$14,610
Sep 20212,46369.865.35$13,179
Aug 20212,59466.024.22$10,948
Jul 20212,59470.783.98$10,330
Jun 20212,52169.493.38$8,523
May 20211,22963.483.02$3,709
Apr 202192060.362.76$2,538
Mar 20212,08961.302.72$5,676
Feb 20211,13257.805.55$6,280
Jan 20212,26850.412.81$6,374
Dec 20202,30944.642.68$6,178
Nov 20202,03838.772.71$5,516
Oct 20202,09336.972.48$5,187
Sep 20202,27537.091.99$4,530
Aug 20202,33439.982.39$5,567
Jul 20202,34738.371.83$4,284
Jun 20202,24534.901.69$3,795
May 20202,31116.921.81$4,194
Apr 20202,38014.751.80$4,294
Mar 20202,44230.341.86$4,533
Feb 20202,26649.881.98$4,488
Jan 20202,44357.252.09$5,117
Dec 2019059.012.30$0
Nov 20192,38955.302.75$6,571
Oct 20192,61653.472.42$6,327
Sep 20192,45755.052.66$6,529
Aug 2019053.112.30$0
Jul 20192,36256.272.46$5,811
Jun 20192,35452.782.49$5,864
May 20192,44258.482.74$6,692
Apr 20191,28062.632.75$3,521
Mar 20192,31456.803.06$7,086
Feb 2019050.852.79$0
Jan 2019046.033.23$0
Dec 2018046.594.19$0
Nov 2018052.934.24$0
Oct 20182,73861.443.40$9,304
Sep 20182,59959.543.11$8,078
Aug 20182,74459.403.07$8,415
Jul 20182,77665.142.93$8,139
Jun 20182,72460.183.08$8,382
May 20182,86665.382.90$8,314
Apr 20182,84863.842.90$8,261
Mar 201872361.222.79$2,015
Feb 20182,65761.782.77$7,350
Jan 20182,64462.874.01$10,601
Dec 20172,77857.272.92$8,116
Nov 20172,94555.423.12$9,184
Oct 20171,29649.292.98$3,867
Sep 20171,50247.523.09$4,637
Aug 20171,40045.373.00$4,206
Jul 201787943.873.09$2,714
Jun 20172,46942.493.09$7,622
May 20172,89545.373.26$9,448
Apr 20172,64847.933.21$8,504
Mar 20172,90446.772.98$8,665
Feb 20172,57750.452.95$7,609
Jan 20172,86249.413.42$9,785
Dec 20162,69548.763.72$10,033
Nov 20162,95842.492.64$7,822
Oct 20163,07946.193.09$9,515
Sep 20162,33441.553.10$7,237
Aug 20161,98641.442.92$5,808
Jul 20163,03841.622.92$8,884
Jun 20162,85445.352.69$7,665
May 20163,09942.521.99$6,170
Apr 20163,03736.561.99$6,047
Mar 20163,14333.011.79$5,639
Feb 20162,81626.472.06$5,811
Jan 20163,12627.352.36$7,391
Dec 20153,00332.362.00$6,010
Nov 20153,06838.792.17$6,649
Oct 20153,19643.552.43$7,755
Sep 20153,11142.992.76$8,581
Aug 20153,19240.162.87$9,169
Jul 20153,26448.152.95$9,613
Jun 20153,20256.152.88$9,231
May 20152,48355.212.96$7,338
Apr 20153,21749.822.71$8,707
Mar 20153,23642.892.93$9,497
Feb 20152,81044.662.98$8,363
Jan 20153,32343.433.10$10,303
Dec 20143,42054.693.59$12,282
Nov 20142,27970.464.25$9,690
Oct 20143,47578.303.90$13,556
Sep 20141,44586.164.05$5,846
Aug 20141,80389.394.04$7,275
Jul 20143,13096.564.18$13,082
Jun 20143,11498.164.74$14,751
May 20143,11994.734.73$14,742
Apr 20143,13495.944.81$15,072
Mar 20143,33395.895.06$16,854
Feb 20143,03897.406.19$18,811
Jan 20142,92290.404.86$14,203
Dec 20132,16491.824.35$9,423
Nov 20132,14988.853.74$8,034
Oct 20132,90697.423.78$10,983
Sep 20132,878104.113.72$10,700
Aug 20132,805104.253.52$9,881
Jul 20132,572102.523.72$9,562
Jun 20132,61094.403.93$10,266
May 20131,92094.834.15$7,966
Apr 20132,49693.964.28$10,689
Mar 20132,70793.623.91$10,592
Feb 20132,55491.233.42$8,734
Jan 20132,67591.603.42$9,148
Dec 20122,85386.773.42$9,758
Nov 20122,82286.953.62$10,230
Oct 20122,94889.383.40$10,022
Sep 20122,80694.672.92$8,189
Aug 20122,79292.662.91$8,120
Jul 20122,63585.133.02$7,960
Jun 20122,54179.822.52$6,401
May 20122,25991.612.49$5,621
Apr 20123,004101.652.00$5,998
Mar 20123,126105.052.22$6,946
Feb 20122,994101.102.57$7,695
Jan 20123,08398.092.73$8,429
Dec 20113,11896.873.24$10,102
Nov 20113,13895.723.31$10,391
Oct 20113,23484.983.65$11,799
Sep 20113,16383.623.99$12,607
Aug 20113,26383.404.15$13,539
Jul 20112,99394.144.52$13,520
Jun 20113,17892.904.64$14,746
May 20113,34298.134.40$14,721
Apr 20113,057105.964.33$13,247
Mar 20113,31196.364.06$13,434
Feb 20113,01785.644.18$12,611
Jan 20113,36586.504.59$15,441
Dec 20103,06385.734.35$13,317
Nov 20103,32680.843.80$12,623
Oct 20103,46578.103.51$12,158
Sep 20103,25472.633.98$12,949
Aug 20103,46673.684.42$15,318
Jul 20103,34572.554.74$15,844
Jun 20103,18170.364.91$15,620
May 20102,27871.124.24$9,648
Apr 20103,23581.694.12$13,337
Mar 20103,34878.394.39$14,693
Feb 20102,95473.585.44$16,077
Jan 20103,39874.365.96$20,266
Dec 20093,39571.445.48$18,617
Nov 20093,31874.593.75$12,447
Oct 20093,44472.544.11$14,156
Sep 20093,33965.543.06$10,233
Aug 20093,25867.423.22$10,486
Jul 20092,53961.133.46$8,796
Jun 20092,07366.163.90$8,074
May 20092,49654.743.93$9,799
Apr 20092,74946.773.59$9,862
Mar 20092,69042.144.06$10,919
Feb 20092,51332.814.63$11,643
Jan 20092,81135.865.37$15,098
Dec 20082,90337.105.98$17,352
Nov 20082,02655.496.86$13,899
Oct 20082,76475.246.92$19,132
Sep 20082,905101.767.88$22,883
Aug 20082,992114.228.48$25,381
Jul 20082,950131.0811.39$33,599
Jun 20082,834131.3313.03$36,934
May 20082,993123.1711.57$34,642
Apr 20083,146110.3110.45$32,891
Mar 20083,793101.909.66$36,656
Feb 20084,21592.538.77$36,968
Jan 20084,58090.388.21$37,582
Dec 20074,51088.337.30$32,932
Nov 20074,53991.677.29$33,097
Oct 20073,44782.856.92$23,860
Sep 20074,48475.846.24$27,999
Aug 20074,56369.066.39$29,148
Jul 20074,67970.906.39$29,889
Jun 20074,57562.007.55$34,534
May 20074,57258.747.85$35,873
Apr 20074,73059.617.81$36,919
Mar 20074,91656.927.30$35,896
Feb 20074,43555.108.22$36,438
Jan 20074,14950.306.73$27,910
Dec 20065,62956.656.92$38,944
Nov 20065,58254.207.62$42,521
Oct 20065,94654.906.01$35,758
Sep 20065,56760.085.04$28,042
Aug 20066,00468.717.34$44,069
Jul 20066,44569.376.34$40,879
Jun 20066,46166.286.38$41,246
May 200635266.016.42$2,262
Apr 2006064.397.36$0
Mar 20062,72256.707.08$19,280
Feb 20062,70257.597.75$20,944
Jan 20063,05960.598.93$27,327
Dec 20052,96954.9413.42$39,830
Nov 20053,09954.6910.59$32,813
Oct 20053,32958.3413.80$45,926
Sep 20053,10661.4512.08$37,517
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 199726317.242.26$594
May 19978,76718.972.31$20,239
Apr 19978,96117.882.08$18,664
Mar 19979,52018.951.94$18,461
Feb 19978,61520.492.21$19,004
Jan 19979,66923.483.54$34,225
Dec 19969,85323.32$0
Nov 19969,29921.97$0
Oct 199610,80323.31$0
Sep 19967,61122.22$0
Aug 19968,96820.26$0
Jul 19969,33519.55$0
Jun 19967,12318.73$0
May 19967,55219.43$0
Apr 19968,75721.51$0
Mar 19966,86919.38$0
Feb 19965,29916.98$0
Jan 19966,66317.07$0
Dec 19955,94417.19$0
Nov 19955,40016.00$0
Oct 19955,20515.43$0
Sep 19955,14716.18$0
Aug 19956,81715.92$0
Jul 19955,75715.24$0
Jun 19955,15216.41$0
May 19956,20617.56$0
Apr 19955,90017.73$0
Mar 19957,10916.44$0
Feb 19956,10816.58$0
Jan 19956,41315.92$0
Dec 19948,08415.03$0
Nov 19948,80015.90$0
Oct 199410,04615.58$0
Sep 199410,09115.29$0
Aug 19949,72216.13$0
Jul 199410,31717.56$0
Jun 19948,21817.09$0
May 19946,84115.88$0
Apr 19949,87214.14$0
Mar 199411,33112.46$0
Feb 199410,23412.50$0
Jan 199411,50812.66$0
Dec 199310,26712.33$0
Nov 199311,09414.49$0
Oct 199311,30815.85$0
Sep 199310,71915.03$0
Aug 199312,47515.66$0
Jul 199310,78415.46$0
Jun 19938,82816.79$0
May 19932,05717.68$0
Apr 19938,64218.05$0
Mar 19939,17618.14$0
Feb 19938,23717.90$0
Jan 19938,60316.93$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                2,067 Mcf  × $  2.87 =     $5,932

────────────────────────────────────────────────────
Month total                                   $5,932

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/23603 is the state's own key, not one this site invented.