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 24518District 10Field 68831001GasSave
Value, all time
$9.5 M
Jan 1993 – May 2026
Value, last 12 filed months
$6 k
at the published price for each month
Months reported
401
no gaps in the span
Streams
1
gas

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
GasProduction3,726,095 Mcf$9,491,463
Total$9,491,463

1,395,997 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 35.6075, -101.7957. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.60751, -101.79570 · 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

42-375801931085

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 202627959.138.00$2,231
Dec 202527956.664.41$1,231
Nov 202527058.593.93$1,060
Oct 202527959.383.30$922
Sep 202526162.743.08$803
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 20244569.052.20$99
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 202335780.522.67$954
Jul 202334474.852.64$909
Jun 202344768.962.26$1,010
May 202363270.622.23$1,408
Apr 202329278.122.24$653
Mar 2023072.852.39$0
Feb 2023075.112.47$0
Jan 20231876.533.39$61
Dec 202210876.415.73$619
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 20212771.323.90$105
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 2021069.493.38$0
May 2021063.483.02$0
Apr 2021060.362.76$0
Mar 2021061.302.72$0
Feb 20211957.805.55$105
Jan 202130750.412.81$863
Dec 202044644.642.68$1,193
Nov 202069938.772.71$1,892
Oct 202085336.972.48$2,114
Sep 20201,00337.091.99$1,997
Aug 20201,11339.982.39$2,655
Jul 20201,05738.371.83$1,929
Jun 20201,02534.901.69$1,733
May 20201,12116.921.81$2,034
Apr 20201,06214.751.80$1,916
Mar 202045030.341.86$835
Feb 202034849.881.98$689
Jan 20201,06657.252.09$2,233
Dec 201965659.012.30$1,512
Nov 201976555.302.75$2,104
Oct 20191,20853.472.42$2,922
Sep 20191,20855.052.66$3,210
Aug 20191,26853.112.30$2,922
Jul 201940456.272.46$994
Jun 201976152.782.49$1,896
May 201946758.482.74$1,280
Apr 201984762.632.75$2,330
Mar 20197356.803.06$224
Feb 201936050.852.79$1,005
Jan 201988646.033.23$2,860
Dec 201894646.594.19$3,959
Nov 201883752.934.24$3,547
Oct 20181,01061.443.40$3,432
Sep 201859159.543.11$1,837
Aug 20181,36659.403.07$4,189
Jul 201862165.142.93$1,821
Jun 201853960.183.08$1,658
May 20182,07265.382.90$6,010
Apr 20181,80363.842.90$5,230
Mar 2018061.222.79$0
Feb 2018061.782.77$0
Jan 2018062.874.01$0
Dec 20171,43157.272.92$4,181
Nov 20171,80655.423.12$5,632
Oct 20171,96749.292.98$5,869
Sep 20172,34347.523.09$7,234
Aug 20172,49345.373.00$7,490
Jul 20172,23343.873.09$6,894
Jun 20172,21542.493.09$6,838
May 20172,26745.373.26$7,398
Apr 20171,86247.933.21$5,980
Mar 20172,19046.772.98$6,534
Feb 20172,08250.452.95$6,147
Jan 20171,80249.413.42$6,161
Dec 201685748.763.72$3,190
Nov 20162,23042.492.64$5,897
Oct 201696346.193.09$2,976
Sep 20162,17541.553.10$6,744
Aug 20162,33441.442.92$6,825
Jul 20162,20641.622.92$6,451
Jun 20162,08245.352.69$5,592
May 20162,26342.521.99$4,506
Apr 20161,34136.561.99$2,670
Mar 20162,08533.011.79$3,741
Feb 20161,95126.472.06$4,026
Jan 20162,01627.352.36$4,767
Dec 20151,93332.362.00$3,869
Nov 20151,95438.792.17$4,235
Oct 20152,22043.552.43$5,387
Sep 20152,23942.992.76$6,176
Aug 20152,32840.162.87$6,687
Jul 20152,42948.152.95$7,154
Jun 20152,28256.152.88$6,579
May 20152,07655.212.96$6,136
Apr 20151,20349.822.71$3,256
Mar 201526942.892.93$789
Feb 2015044.662.98$0
Jan 2015043.433.10$0
Dec 20143,05554.693.59$10,972
Nov 20144,09370.464.25$17,403
Oct 20144,41578.303.90$17,223
Sep 20144,45286.164.05$18,010
Aug 20144,21289.394.04$16,996
Jul 20144,18396.564.18$17,483
Jun 20143,03798.164.74$14,386
May 20144,12694.734.73$19,502
Apr 20143,65795.944.81$17,587
Mar 20143,22095.895.06$16,283
Feb 20142,48997.406.19$15,412
Jan 20143,19890.404.86$15,545
Dec 20132,98991.824.35$13,016
Nov 20133,58988.853.74$13,417
Oct 20133,81997.423.78$14,433
Sep 20133,851104.113.72$14,317
Aug 20133,884104.253.52$13,682
Jul 20134,074102.523.72$15,146
Jun 20133,84694.403.93$15,128
May 20134,46194.834.15$18,509
Apr 20133,59993.964.28$15,413
Mar 20133,72893.623.91$14,587
Feb 20133,28291.233.42$11,224
Jan 20133,12191.603.42$10,674
Dec 20123,27486.773.42$11,198
Nov 20123,95086.953.62$14,319
Oct 20123,89789.383.40$13,249
Sep 20124,30294.672.92$12,555
Aug 20123,03592.662.91$8,826
Jul 20124,76485.133.02$14,391
Jun 20124,76679.822.52$12,006
May 20122,64891.612.49$6,589
Apr 20123,766101.652.00$7,520
Mar 20122,855105.052.22$6,344
Feb 20123,061101.102.57$7,868
Jan 20123,53598.092.73$9,665
Dec 20111,03996.873.24$3,366
Nov 20113,46495.723.31$11,470
Oct 20114,61684.983.65$16,842
Sep 20114,29583.623.99$17,119
Aug 20114,89983.404.15$20,328
Jul 20115,40094.144.52$24,393
Jun 20113,75292.904.64$17,409
May 20111,68898.134.40$7,435
Apr 20114,109105.964.33$17,805
Mar 20113,15896.364.06$12,813
Feb 20111,81585.644.18$7,587
Jan 20112,29686.504.59$10,536
Dec 20103,43085.734.35$14,913
Nov 20102,86480.843.80$10,870
Oct 20104,30278.103.51$15,095
Sep 20103,86272.633.98$15,369
Aug 20101,76773.684.42$7,809
Jul 20104,33572.554.74$20,533
Jun 20103,81270.364.91$18,718
May 20105,08971.124.24$21,553
Apr 20104,79281.694.12$19,756
Mar 20104,81578.394.39$21,131
Feb 20101,67473.585.44$9,111
Jan 20102,62774.365.96$15,668
Dec 20093,96471.445.48$21,738
Nov 20094,14974.593.75$15,565
Oct 20095,13372.544.11$21,098
Sep 20095,33265.543.06$16,341
Aug 20095,25967.423.22$16,926
Jul 20095,49761.133.46$19,044
Jun 20095,17366.163.90$20,149
May 20094,73954.743.93$18,604
Apr 20094,91846.773.59$17,643
Mar 20095,01042.144.06$20,336
Feb 20094,47232.814.63$20,719
Jan 20094,86235.865.37$26,114
Dec 20085,12837.105.98$30,651
Nov 20084,62255.496.86$31,709
Oct 20084,37375.246.92$30,270
Sep 20085,823101.767.88$45,868
Aug 20086,357114.228.48$53,927
Jul 20086,213131.0811.39$70,763
Jun 20085,889131.3313.03$76,749
May 20085,595123.1711.57$64,758
Apr 20086,093110.3110.45$63,701
Mar 20086,158101.909.66$59,511
Feb 20085,92692.538.77$51,974
Jan 20085,81990.388.21$47,749
Dec 20075,98988.337.30$43,732
Nov 20075,53091.677.29$40,323
Oct 20073,82782.856.92$26,490
Sep 20076,06775.846.24$37,883
Aug 20077,10869.066.39$45,405
Jul 20076,76470.906.39$43,208
Jun 20075,98462.007.55$45,170
May 20076,62158.747.85$51,950
Apr 20076,42059.617.81$50,109
Mar 20076,56956.927.30$47,967
Feb 20075,87955.108.22$48,302
Jan 20073,61250.306.73$24,297
Dec 20064,58856.656.92$31,742
Nov 20064,43154.207.62$33,753
Oct 20064,47454.906.01$26,906
Sep 20063,97760.085.04$20,033
Aug 20066,10268.717.34$44,788
Jul 20066,66269.376.34$42,255
Jun 20065,15166.286.38$32,883
May 20065,30566.016.42$34,085
Apr 20065,13764.397.36$37,811
Mar 20064,96256.707.08$35,145
Feb 20065,37957.597.75$41,693
Jan 20066,58660.598.93$58,835
Dec 20056,39354.9413.42$85,765
Nov 20056,27654.6910.59$66,453
Oct 20056,92758.3413.80$95,563
Sep 20057,20161.4512.08$86,981
Aug 20059,94761.519.80$97,449
Jul 20058,37955.697.84$65,722
Jun 20057,24752.337.38$53,490
May 20056,12745.226.65$40,752
Apr 20058,49149.207.36$62,498
Mar 20055,10450.377.15$36,519
Feb 20054,69845.226.31$29,653
Jan 20056,88443.166.32$43,522
Dec 20048,36539.866.75$56,473
Nov 20049,03345.286.33$57,183
Oct 20049,11849.706.52$59,405
Sep 200410,24943.245.28$54,155
Aug 200410,95742.375.55$60,819
Jul 200410,10038.286.08$61,450
Jun 20049,99736.106.43$64,311
May 200410,48237.486.49$68,076
Apr 20049,55534.475.86$55,978
Mar 200410,05334.365.53$55,595
Feb 20049,34032.455.51$51,460
Jan 200410,52832.036.30$66,323
Dec 200311,83930.266.30$74,605
Nov 200311,04828.804.60$50,767
Oct 200312,00628.174.76$57,144
Sep 200311,39626.314.75$54,124
Aug 200312,10029.765.13$62,070
Jul 200312,39929.415.17$64,113
Jun 200312,25128.565.98$73,297
May 200313,05226.595.97$77,955
Apr 200313,25526.675.41$71,674
Mar 200315,39831.146.10$93,867
Feb 20039,67633.487.93$76,691
Jan 200314,03030.315.58$78,316
Dec 200213,61626.914.85$66,089
Nov 200212,06824.664.14$49,925
Oct 200213,44826.464.23$56,873
Sep 200213,13727.443.64$47,756
Aug 200212,35325.963.16$39,087
Jul 200212,88124.583.06$39,439
Jun 200212,43423.733.34$41,508
May 200210,66124.663.58$38,209
Apr 200213,47023.653.51$47,311
Mar 200213,03322.003.10$40,438
Feb 200213,05418.222.38$31,012
Jan 200215,12217.172.38$35,925
Dec 200115,73716.932.36$37,209
Nov 200114,23918.072.41$34,252
Oct 200115,66619.782.53$39,617
Sep 200115,50424.262.25$34,904
Aug 200117,85424.873.05$54,511
Jul 200117,93623.933.20$57,343
Jun 200116,84224.563.82$64,407
May 200116,33625.524.31$70,364
Apr 200115,19424.685.34$81,065
Mar 200115,85224.545.38$85,227
Feb 200112,45227.755.77$71,812
Jan 200112,85627.478.40$107,974
Dec 200016,23926.889.12$148,140
Nov 200013,90832.215.66$78,691
Oct 200015,73531.235.15$80,964
Sep 200017,05631.875.19$88,461
Aug 200016,38629.644.54$74,405
Jul 200019,80028.534.09$80,977
Jun 200019,60429.304.40$86,204
May 200021,27427.263.68$78,283
Apr 200019,55624.513.12$60,937
Mar 200018,77328.422.86$53,686
Feb 200020,22427.622.73$55,141
Jan 200021,76625.272.48$53,991
Dec 199920,80124.282.42$50,416
Nov 199912,14023.192.43$29,549
Oct 199923,02020.982.80$64,541
Sep 199921,82821.752.62$57,164
Aug 199923,32819.262.88$67,082
Jul 199923,62517.892.37$56,047
Jun 199923,46615.942.36$55,429
May 19998,51615.792.32$19,766
Apr 199921,21515.102.21$46,844
Mar 199915,15412.471.84$27,858
Feb 199916,2179.981.82$29,479
Jan 199927,02710.381.90$51,350
Dec 199825,9849.201.77$46,078
Nov 199824,87110.892.19$54,361
Oct 19981,86312.421.97$3,669
Sep 199828,62312.592.08$59,611
Aug 199832,19111.301.91$61,400
Jul 199810,01011.742.24$22,395
Jun 199810,14811.242.24$22,704
May 199810,09512.622.21$22,273
Apr 19985,05713.042.51$12,669
Mar 199810,48112.802.31$24,205
Feb 199833,41013.952.30$76,814
Jan 199810,11814.702.15$21,802
Dec 199740,13016.322.41$96,757
Nov 199739,57818.193.09$122,227
Oct 199741,52619.253.15$130,799
Sep 199742,69017.742.95$126,144
Aug 19972,50017.862.55$6,387
Jul 19973,02317.582.25$6,793
Jun 199735,34917.242.26$79,790
May 199740,05618.972.31$92,469
Apr 199738,12117.882.08$79,398
Mar 199742,00718.951.94$81,457
Feb 199733,94020.492.21$74,868
Jan 199745,24023.483.54$160,136
Dec 199645,68723.32$0
Nov 199641,94521.97$0
Oct 19961,53423.31$0
Sep 19969,69122.22$0
Aug 199610,20220.26$0
Jul 199653419.55$0
Jun 19961,04318.73$0
May 199691919.43$0
Apr 19961,03421.51$0
Mar 199625,24819.38$0
Feb 199644,70216.98$0
Jan 199651,02717.07$0
Dec 199551,68617.19$0
Nov 199541,08616.00$0
Oct 199545,44015.43$0
Sep 199525,28716.18$0
Aug 19955,06015.92$0
Jul 199599815.24$0
Jun 199554,34516.41$0
May 199555,88817.56$0
Apr 199559,73017.73$0
Mar 19951,52716.44$0
Feb 19956,71916.58$0
Jan 199547,71315.92$0
Dec 199451,50215.03$0
Nov 199452,53615.90$0
Oct 199410,36515.58$0
Sep 19941,49515.29$0
Aug 199440,80416.13$0
Jul 199440,12617.56$0
Jun 19941,70017.09$0
May 199454,07815.88$0
Apr 199454,60314.14$0
Mar 199454,92512.46$0
Feb 199450,21312.50$0
Jan 199453,83112.66$0
Dec 199359,93512.33$0
Nov 199359,68214.49$0
Oct 199353,89615.85$0
Sep 19931,44615.03$0
Aug 19931,59215.66$0
Jul 19932,92415.46$0
Jun 19933,10716.79$0
May 19931,39217.68$0
Apr 19931,49518.05$0
Mar 19931,56018.14$0
Feb 199351,15317.90$0
Jan 199362,59216.93$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.

Jan 2026 — as filed, then multipliedworked
Gas                  279 Mcf  × $  8.00 =     $2,231

────────────────────────────────────────────────────
Month total                                   $2,231

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/24518 is the state's own key, not one this site invented.