MASTERSON

Operated by BURK ROYALTY CO., LTD. (P-5 108799) in the PANHANDLE, WEST (RED CAVE) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 27078District 10Field 68831200Hydrogen sulphide fieldGasSaveExport
Value, all time
$2.7 M
Jan 1993 – May 2026
Value, last 12 filed months
$28 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 666 leases and 666 wells, and the rule below applies to all of them.

Discovered
1960-07-15
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 2019-11-19.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: THE LOCATION OF PERFORATIONS.

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
GasProduction745,427 Mcf$2,684,349
Total$2,684,349

147,216 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 35.6261, -101.8416. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.62613, -101.84158 · 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
1,964 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 1,964 ft.

Completions filed
Jul 1960
1 of 1 wells

1 well

42-341008222R1,964 ftJul 1960

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 202668198.932.87$1,954
Mar 202674489.753.15$2,343
Feb 202661663.503.75$2,310
Jan 202668959.138.00$5,511
Dec 202567456.664.41$2,975
Nov 202567058.593.93$2,631
Oct 202569159.383.30$2,284
Sep 202563662.743.08$1,957
Aug 202561863.933.01$1,863
Jul 202568966.743.32$2,284
Jun 202567566.483.13$2,112
May 202570060.553.23$2,263
Apr 202568262.363.54$2,416
Mar 202559367.704.27$2,531
Feb 202567070.884.34$2,908
Jan 202538274.324.28$1,634
Dec 202469668.993.12$2,172
Nov 202467169.052.20$1,475
Oct 202467071.372.28$1,529
Sep 202465669.612.36$1,551
Aug 202468175.632.06$1,405
Jul 202470279.932.15$1,507
Jun 202468278.082.63$1,796
May 202470778.812.20$1,554
Apr 202466084.451.66$1,095
Mar 202472180.301.55$1,114
Feb 202467776.091.78$1,208
Jan 202474873.023.30$2,467
Dec 202373071.262.61$1,906
Nov 202369077.892.81$1,937
Oct 202370085.443.09$2,161
Sep 202366789.042.74$1,824
Aug 202367180.522.67$1,794
Jul 202350174.852.64$1,324
Jun 202366668.962.26$1,504
May 202370970.622.23$1,579
Apr 202368278.122.24$1,526
Mar 202372272.852.39$1,728
Feb 202370875.112.47$1,746
Jan 202380876.533.39$2,737
Dec 202281576.415.73$4,669
Nov 202277885.005.65$4,393
Oct 202279187.185.86$4,638
Sep 202274384.888.16$6,066
Aug 202275694.529.13$6,900
Jul 2022754101.587.54$5,687
Jun 2022824115.097.98$6,573
May 2022822109.378.43$6,932
Apr 2022802104.226.84$5,484
Mar 2022845108.885.08$4,290
Feb 202277691.054.86$3,770
Jan 202281581.844.54$3,698
Dec 202185671.323.90$3,338
Nov 202183077.435.24$4,347
Oct 202184979.795.71$4,851
Sep 202183469.865.35$4,463
Aug 202180466.024.22$3,393
Jul 202185470.783.98$3,401
Jun 202188569.493.38$2,992
May 202197563.483.02$2,942
Apr 202155560.362.76$1,531
Mar 202196961.302.72$2,633
Feb 202143257.805.55$2,397
Jan 202182050.412.81$2,304
Dec 202082344.642.68$2,202
Nov 202082438.772.71$2,230
Oct 202082236.972.48$2,037
Sep 202085037.091.99$1,692
Aug 202085939.982.39$2,049
Jul 202084138.371.83$1,535
Jun 202083234.901.69$1,406
May 202086116.921.81$1,563
Apr 202083914.751.80$1,514
Mar 202088730.341.86$1,646
Feb 202085149.881.98$1,686
Jan 202099857.252.09$2,091
Dec 20191,05759.012.30$2,436
Nov 20191,04355.302.75$2,869
Oct 20191,04353.472.42$2,523
Sep 20191,02955.052.66$2,734
Aug 20191,04453.112.30$2,406
Jul 20191,06956.272.46$2,630
Jun 20191,05652.782.49$2,631
May 20191,18558.482.74$3,247
Apr 201972862.632.75$2,003
Mar 20191,10656.803.06$3,387
Feb 20191,01550.852.79$2,834
Jan 20191,09846.033.23$3,545
Dec 2018046.594.19$0
Nov 2018052.934.24$0
Oct 20181,15461.443.40$3,921
Sep 20181,11859.543.11$3,475
Aug 20181,13559.403.07$3,481
Jul 20181,09965.142.93$3,222
Jun 20181,14460.183.08$3,520
May 20181,19065.382.90$3,452
Apr 20181,36363.842.90$3,954
Mar 201846161.222.79$1,285
Feb 20181,10761.782.77$3,062
Jan 20181,27962.874.01$5,128
Dec 20171,31257.272.92$3,833
Nov 20171,38955.423.12$4,331
Oct 201787049.292.98$2,596
Sep 201768147.523.09$2,102
Aug 20171,18245.373.00$3,551
Jul 201739743.873.09$1,226
Jun 20171,05942.493.09$3,269
May 20171,17445.373.26$3,831
Apr 20171,11847.933.21$3,591
Mar 20171,18846.772.98$3,545
Feb 20171,09350.452.95$3,227
Jan 20171,19849.413.42$4,096
Dec 20161,22548.763.72$4,560
Nov 20161,28242.492.64$3,390
Oct 20161,37046.193.09$4,234
Sep 20161,13341.553.10$3,513
Aug 201691941.442.92$2,687
Jul 20161,30341.622.92$3,810
Jun 20161,24545.352.69$3,344
May 20161,35542.521.99$2,698
Apr 20161,42736.561.99$2,841
Mar 20161,06833.011.79$1,916
Feb 201671926.472.06$1,484
Jan 201694327.352.36$2,230
Dec 20151,25232.362.00$2,506
Nov 20151,26738.792.17$2,746
Oct 20151,32343.552.43$3,210
Sep 20151,29142.992.76$3,561
Aug 20151,29640.162.87$3,723
Jul 20151,27348.152.95$3,749
Jun 20151,25556.152.88$3,618
May 20151,11355.212.96$3,289
Apr 20151,27349.822.71$3,445
Mar 20151,27942.892.93$3,753
Feb 20151,17644.662.98$3,500
Jan 20151,35143.433.10$4,189
Dec 20141,36354.693.59$4,895
Nov 20141,09270.464.25$4,643
Oct 20141,43478.303.90$5,594
Sep 20141,04686.164.05$4,232
Aug 201480389.394.04$3,240
Jul 20141,21896.564.18$5,091
Jun 20141,32598.164.74$6,276
May 20141,32194.734.73$6,244
Apr 20141,30895.944.81$6,290
Mar 20141,36195.895.06$6,882
Feb 20141,20997.406.19$7,486
Jan 20141,34890.404.86$6,552
Dec 20131,37491.824.35$5,983
Nov 20131,33788.853.74$4,998
Oct 20131,35597.423.78$5,121
Sep 20131,310104.113.72$4,870
Aug 20131,389104.253.52$4,893
Jul 20131,371102.523.72$5,097
Jun 20131,38994.403.93$5,464
May 20131,29794.834.15$5,381
Apr 20131,34293.964.28$5,747
Mar 20131,44393.623.91$5,646
Feb 20131,38891.233.42$4,747
Jan 20131,46791.603.42$5,017
Dec 20121,46086.773.42$4,993
Nov 20121,48486.953.62$5,379
Oct 20121,52189.383.40$5,171
Sep 20121,46194.672.92$4,264
Aug 20121,46592.662.91$4,260
Jul 20121,45085.133.02$4,380
Jun 20121,53279.822.52$3,859
May 20121,36491.612.49$3,394
Apr 20121,451101.652.00$2,897
Mar 20121,522105.052.22$3,382
Feb 20121,459101.102.57$3,750
Jan 20121,52998.092.73$4,180
Dec 20111,52396.873.24$4,934
Nov 20111,48395.723.31$4,911
Oct 20111,53384.983.65$5,593
Sep 20111,55383.623.99$6,190
Aug 20111,53683.404.15$6,373
Jul 20111,46394.144.52$6,609
Jun 20111,48592.904.64$6,890
May 20111,61898.134.40$7,127
Apr 20111,472105.964.33$6,379
Mar 20111,57796.364.06$6,398
Feb 20111,43785.644.18$6,007
Jan 20111,59686.504.59$7,324
Dec 20101,60285.734.35$6,965
Nov 20101,59680.843.80$6,057
Oct 20101,63078.103.51$5,719
Sep 20101,60072.633.98$6,367
Aug 20101,65573.684.42$7,314
Jul 20101,67272.554.74$7,919
Jun 20101,78970.364.91$8,785
May 20101,45171.124.24$6,145
Apr 20101,66181.694.12$6,848
Mar 20101,72678.394.39$7,575
Feb 20101,57973.585.44$8,593
Jan 20101,77474.365.96$10,580
Dec 20091,78971.445.48$9,810
Nov 20091,76174.593.75$6,606
Oct 20091,84072.544.11$7,563
Sep 20091,77365.543.06$5,434
Aug 20091,88467.423.22$6,064
Jul 20092,00161.133.46$6,932
Jun 20091,51866.163.90$5,913
May 20091,88854.743.93$7,412
Apr 20091,95446.773.59$7,010
Mar 20091,99842.144.06$8,110
Feb 20091,96232.814.63$9,090
Jan 20091,54235.865.37$8,282
Dec 20081,19637.105.98$7,149
Nov 20081,73355.496.86$11,889
Oct 20081,76375.246.92$12,203
Sep 20081,747101.767.88$13,761
Aug 20081,820114.228.48$15,439
Jul 20081,840131.0811.39$20,957
Jun 20081,684131.3313.03$21,947
May 20081,849123.1711.57$21,401
Apr 20081,810110.3110.45$18,923
Mar 20081,900101.909.66$18,362
Feb 20081,81992.538.77$15,954
Jan 20081,93190.388.21$15,845
Dec 20072,02388.337.30$14,772
Nov 20071,96091.677.29$14,292
Oct 20072,01882.856.92$13,969
Sep 20071,93675.846.24$12,089
Aug 20072,04569.066.39$13,063
Jul 20072,12470.906.39$13,568
Jun 20072,06962.007.55$15,618
May 20072,00058.747.85$15,693
Apr 20072,34359.617.81$18,288
Mar 20072,24156.927.30$16,364
Feb 20072,03955.108.22$16,752
Jan 20072,36950.306.73$15,936
Dec 20062,52456.656.92$17,462
Nov 20062,45354.207.62$18,686
Oct 20062,55554.906.01$15,365
Sep 20062,45560.085.04$12,366
Aug 20062,67068.717.34$19,598
Jul 20062,64769.376.34$16,789
Jun 20062,59066.286.38$16,534
May 20062,63866.016.42$16,949
Apr 20062,61564.397.36$19,248
Mar 20062,62256.707.08$18,571
Feb 20062,43057.597.75$18,835
Jan 20062,67460.598.93$23,888
Dec 20052,59454.9413.42$34,800
Nov 20052,56554.6910.59$27,159
Oct 20052,67858.3413.80$36,945
Sep 20052,47661.4512.08$29,908
Aug 20052,49561.519.80$24,443
Jul 20052,76955.697.84$21,719
Jun 20052,80252.337.38$20,682
May 20052,14145.226.65$14,240
Apr 20052,54749.207.36$18,747
Mar 20052,67150.377.15$19,111
Feb 20052,39145.226.31$15,092
Jan 20052,55143.166.32$16,128
Dec 20042,58839.866.75$17,472
Nov 20042,54845.286.33$16,130
Oct 20042,61449.706.52$17,030
Sep 20042,46543.245.28$13,025
Aug 20042,50542.375.55$13,904
Jul 20042,43238.286.08$14,797
Jun 20042,18936.106.43$14,082
May 20042,24037.486.49$14,548
Apr 20042,68634.475.86$15,736
Mar 20042,81634.365.53$15,573
Feb 20042,37732.455.51$13,096
Jan 20042,58832.036.30$16,303
Dec 20032,43330.266.30$15,332
Nov 20032,71828.804.60$12,490
Oct 20032,58628.174.76$12,308
Sep 20032,27526.314.75$10,805
Aug 20032,68729.765.13$13,784
Jul 20032,82329.415.17$14,597
Jun 20032,51028.565.98$15,017
May 20032,82126.595.97$16,849
Apr 20032,68826.675.41$14,535
Mar 20032,68931.146.10$16,392
Feb 20032,53833.487.93$20,116
Jan 20032,82230.315.58$15,753
Dec 20023,00526.914.85$14,586
Nov 20022,87224.664.14$11,881
Oct 20022,97126.464.23$12,565
Sep 20022,81727.443.64$10,240
Aug 20023,00225.963.16$9,499
Jul 20023,06324.583.06$9,378
Jun 20022,83423.733.34$9,461
May 20022,93224.663.58$10,508
Apr 20022,87723.653.51$10,105
Mar 20022,48322.003.10$7,704
Feb 20022,39318.222.38$5,685
Jan 20022,26317.172.38$5,376
Dec 20012,28216.932.36$5,396
Nov 20013,17918.072.41$7,647
Oct 20013,09419.782.53$7,824
Sep 20012,83024.262.25$6,371
Aug 20013,06024.873.05$9,343
Jul 20013,30723.933.20$10,573
Jun 20012,51324.563.82$9,610
May 20013,03425.524.31$13,068
Apr 20013,06324.685.34$16,342
Mar 20012,93524.545.38$15,780
Feb 20012,78227.755.77$16,044
Jan 20013,03927.478.40$25,524
Dec 20002,86826.889.12$26,163
Nov 20002,81732.215.66$15,939
Oct 20002,87931.235.15$14,814
Sep 20002,62731.875.19$13,625
Aug 20003,04129.644.54$13,808
Jul 20003,04928.534.09$12,470
Jun 20002,91429.304.40$12,814
May 20002,74327.263.68$10,094
Apr 20002,41624.513.12$7,528
Mar 20002,96128.422.86$8,468
Feb 20002,76427.622.73$7,536
Jan 20002,98425.272.48$7,402
Dec 19992,79024.282.42$6,762
Nov 19992,87823.192.43$7,005
Oct 19992,79120.982.80$7,825
Sep 19992,84421.752.62$7,448
Aug 19992,89819.262.88$8,333
Jul 19992,89417.892.37$6,866
Jun 19992,92115.942.36$6,900
May 19992,78315.792.32$6,459
Apr 19992,15315.102.21$4,754
Mar 19992,68012.471.84$4,927
Feb 19992,3889.981.82$4,341
Jan 19992,47110.381.90$4,695
Dec 19982,6489.201.77$4,696
Nov 19982,64210.892.19$5,775
Oct 19982,51112.421.97$4,945
Sep 19982,60612.592.08$5,427
Aug 19982,68511.301.91$5,121
Jul 19982,73511.742.24$6,119
Jun 19982,75711.242.24$6,168
May 19982,10312.622.21$4,640
Apr 19982,65613.042.51$6,654
Mar 19982,52512.802.31$5,831
Feb 19982,37313.952.30$5,456
Jan 19982,47014.702.15$5,322
Dec 19972,84616.322.41$6,862
Nov 19972,55418.193.09$7,887
Oct 19972,52119.253.15$7,941
Sep 19972,35717.742.95$6,965
Aug 19972,80317.862.55$7,161
Jul 19972,77717.582.25$6,240
Jun 19972,80617.242.26$6,334
May 19972,74018.972.31$6,325
Apr 19972,74717.882.08$5,721
Mar 19972,58018.951.94$5,003
Feb 19972,53920.492.21$5,601
Jan 19972,95923.483.54$10,474
Dec 19962,92423.32$0
Nov 19962,65421.97$0
Oct 19962,85823.31$0
Sep 19962,69222.22$0
Aug 19962,73920.26$0
Jul 19962,85919.55$0
Jun 19962,96718.73$0
May 19963,16719.43$0
Apr 19963,07521.51$0
Mar 19963,11519.38$0
Feb 19962,69216.98$0
Jan 19962,94617.07$0
Dec 19953,12117.19$0
Nov 19953,00616.00$0
Oct 19953,14415.43$0
Sep 19952,87816.18$0
Aug 19953,12015.92$0
Jul 19953,10815.24$0
Jun 19953,15316.41$0
May 19952,63417.56$0
Apr 19952,97417.73$0
Mar 19952,99016.44$0
Feb 19952,76516.58$0
Jan 19952,92315.92$0
Dec 19943,01015.03$0
Nov 19943,11115.90$0
Oct 19943,12015.58$0
Sep 19943,15315.29$0
Aug 19943,23916.13$0
Jul 19943,34917.56$0
Jun 19943,30817.09$0
May 19942,67615.88$0
Apr 19942,89614.14$0
Mar 19943,24012.46$0
Feb 19942,78612.50$0
Jan 19943,30212.66$0
Dec 19933,25512.33$0
Nov 19933,08914.49$0
Oct 19933,26315.85$0
Sep 19933,11315.03$0
Aug 19933,53715.66$0
Jul 19933,60115.46$0
Jun 19932,79916.79$0
May 19933,44417.68$0
Apr 19933,31918.05$0
Mar 19933,50118.14$0
Feb 19933,14017.90$0
Jan 19933,46116.93$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                  681 Mcf  × $  2.87 =     $1,954

────────────────────────────────────────────────────
Month total                                   $1,954

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/27078 is the state's own key, not one this site invented.