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 27079District 10Field 68831200Hydrogen sulphide fieldGasSaveExport
Value, all time
$1.4 M
Jan 1993 – May 2026
Value, last 12 filed months
$41 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
GasProduction461,468 Mcf$1,425,260
Total$1,425,260

123,761 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, -101.8327. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.62613, -101.83272 · 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
1,878 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 1,878 ft.

Completions filed
Jul 1960
1 of 1 wells

1 well

42-341008263R1,878 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 202699398.932.87$2,850
Mar 20261,02589.753.15$3,228
Feb 202689263.503.75$3,345
Jan 20261,04359.138.00$8,342
Dec 20251,00656.664.41$4,440
Nov 202598858.593.93$3,879
Oct 20251,02859.383.30$3,397
Sep 202591162.743.08$2,803
Aug 202592463.933.01$2,786
Jul 20251,00866.743.32$3,342
Jun 202598466.483.13$3,079
May 20251,03960.553.23$3,358
Apr 20251,01562.363.54$3,596
Mar 202589967.704.27$3,837
Feb 202593070.884.34$4,037
Jan 20251,03374.324.28$4,420
Dec 20241,04468.993.12$3,259
Nov 20241,00769.052.20$2,214
Oct 20241,02371.372.28$2,334
Sep 202498869.612.36$2,336
Aug 20241,02475.632.06$2,113
Jul 20241,04079.932.15$2,232
Jun 20241,01278.082.63$2,666
May 20241,06378.812.20$2,337
Apr 20241,00484.451.66$1,666
Mar 20241,06780.301.55$1,649
Feb 20241,00176.091.78$1,785
Jan 20241,10173.023.30$3,631
Dec 20231,10371.262.61$2,880
Nov 20231,04777.892.81$2,940
Oct 20231,06885.443.09$3,297
Sep 20231,02489.042.74$2,801
Aug 20231,04880.522.67$2,801
Jul 20231,75974.852.64$4,647
Jun 20231,03768.962.26$2,342
May 20231,07870.622.23$2,401
Apr 20231,04078.122.24$2,327
Mar 20231,06872.852.39$2,556
Feb 202396175.112.47$2,370
Jan 20231,10076.533.39$3,726
Dec 20221,04776.415.73$5,998
Nov 20221,06185.005.65$5,991
Oct 20221,09487.185.86$6,415
Sep 20221,04584.888.16$8,531
Aug 20221,07294.529.13$9,784
Jul 20221,087101.587.54$8,198
Jun 20221,102115.097.98$8,791
May 20221,125109.378.43$9,487
Apr 20221,107104.226.84$7,569
Mar 20221,141108.885.08$5,792
Feb 20221,04291.054.86$5,063
Jan 20221,12981.844.54$5,123
Dec 20211,17071.323.90$4,562
Nov 20211,13677.435.24$5,949
Oct 20211,17279.795.71$6,697
Sep 20211,14269.865.35$6,111
Aug 20211,15166.024.22$4,858
Jul 20211,20470.783.98$4,794
Jun 20211,20969.493.38$4,087
May 20211,36063.483.02$4,104
Apr 202172960.362.76$2,011
Mar 20211,40261.302.72$3,809
Feb 202153757.805.55$2,979
Jan 20211,16550.412.81$3,274
Dec 20201,19344.642.68$3,192
Nov 20201,14438.772.71$3,096
Oct 20201,10336.972.48$2,734
Sep 20201,15937.091.99$2,308
Aug 20201,17839.982.39$2,810
Jul 20201,17038.371.83$2,135
Jun 20201,14634.901.69$1,937
May 20201,20516.921.81$2,187
Apr 20201,16814.751.80$2,108
Mar 20201,22430.341.86$2,272
Feb 20201,16649.881.98$2,309
Jan 20201,04857.252.09$2,195
Dec 201983659.012.30$1,926
Nov 201981055.302.75$2,228
Oct 201981553.472.42$1,971
Sep 201988455.052.66$2,349
Aug 20191,01453.112.30$2,337
Jul 20191,04156.272.46$2,561
Jun 20191,03352.782.49$2,573
May 20191,11258.482.74$3,047
Apr 201970362.632.75$1,934
Mar 20191,03156.803.06$3,157
Feb 201993850.852.79$2,619
Jan 20191,02846.033.23$3,319
Dec 2018046.594.19$0
Nov 2018052.934.24$0
Oct 20181,08761.443.40$3,694
Sep 20181,05759.543.11$3,285
Aug 20181,08959.403.07$3,339
Jul 20181,07965.142.93$3,164
Jun 20181,10760.183.08$3,406
May 20181,17065.382.90$3,394
Apr 20181,26363.842.90$3,664
Mar 201841661.222.79$1,159
Feb 20181,04761.782.77$2,896
Jan 20181,22162.874.01$4,895
Dec 20171,18357.272.92$3,456
Nov 20171,30655.423.12$4,073
Oct 201777149.292.98$2,300
Sep 201760947.523.09$1,880
Aug 20171,04445.373.00$3,137
Jul 201746543.873.09$1,436
Jun 201794842.493.09$2,927
May 20171,04545.373.26$3,410
Apr 20171,00647.933.21$3,231
Mar 20171,06946.772.98$3,190
Feb 201797750.452.95$2,885
Jan 20171,03449.413.42$3,535
Dec 20161,03348.763.72$3,846
Nov 201699342.492.64$2,626
Oct 20161,05346.193.09$3,254
Sep 201689041.553.10$2,760
Aug 201667141.442.92$1,962
Jul 201692541.622.92$2,705
Jun 201688245.352.69$2,369
May 201693742.521.99$1,866
Apr 20161,08736.561.99$2,164
Mar 201683733.011.79$1,502
Feb 201678526.472.06$1,620
Jan 201696427.352.36$2,279
Dec 20151,16332.362.00$2,328
Nov 20151,27838.792.17$2,770
Oct 201577843.552.43$1,888
Sep 201579642.992.76$2,196
Aug 201580840.162.87$2,321
Jul 201579948.152.95$2,353
Jun 201579256.152.88$2,283
May 201568955.212.96$2,036
Apr 201579349.822.71$2,146
Mar 201580542.892.93$2,362
Feb 201575044.662.98$2,232
Jan 201585443.433.10$2,648
Dec 201483354.693.59$2,992
Nov 201469270.464.25$2,942
Oct 201498478.303.90$3,839
Sep 201481186.164.05$3,281
Aug 201456989.394.04$2,296
Jul 201477796.564.18$3,248
Jun 201482098.164.74$3,884
May 201482794.734.73$3,909
Apr 201480995.944.81$3,891
Mar 201484295.895.06$4,258
Feb 201477097.406.19$4,768
Jan 201485290.404.86$4,141
Dec 201386091.824.35$3,745
Nov 201380688.853.74$3,013
Oct 201381997.423.78$3,095
Sep 2013872104.113.72$3,242
Aug 20131,157104.253.52$4,076
Jul 20131,138102.523.72$4,231
Jun 20131,14894.403.93$4,516
May 20131,07294.834.15$4,448
Apr 20131,17293.964.28$5,019
Mar 20131,23993.623.91$4,848
Feb 20131,17191.233.42$4,005
Jan 20131,27291.603.42$4,350
Dec 20121,20886.773.42$4,132
Nov 20121,17386.953.62$4,252
Oct 20121,21589.383.40$4,131
Sep 20121,16494.672.92$3,397
Aug 20121,19192.662.91$3,464
Jul 20121,19185.133.02$3,598
Jun 20121,21279.822.52$3,053
May 20121,14191.612.49$2,839
Apr 20121,192101.652.00$2,380
Mar 20121,252105.052.22$2,782
Feb 20121,191101.102.57$3,061
Jan 20121,27498.092.73$3,483
Dec 20111,28096.873.24$4,147
Nov 20111,17695.723.31$3,894
Oct 20111,19884.983.65$4,371
Sep 20111,17983.623.99$4,699
Aug 20111,23683.404.15$5,129
Jul 20111,19894.144.52$5,412
Jun 20111,22392.904.64$5,675
May 20111,32298.134.40$5,823
Apr 20111,219105.964.33$5,282
Mar 20111,34596.364.06$5,457
Feb 20111,25385.644.18$5,238
Jan 20111,39186.504.59$6,383
Dec 20101,38585.734.35$6,022
Nov 20101,33180.843.80$5,052
Oct 20101,35278.103.51$4,744
Sep 20101,30472.633.98$5,189
Aug 20101,36673.684.42$6,037
Jul 20101,39972.554.74$6,626
Jun 20101,45070.364.91$7,120
May 20101,29671.124.24$5,489
Apr 20101,40781.694.12$5,801
Mar 20101,47578.394.39$6,473
Feb 20101,38873.585.44$7,554
Jan 20101,47474.365.96$8,791
Dec 20091,48971.445.48$8,165
Nov 20091,43774.593.75$5,391
Oct 20091,49972.544.11$6,161
Sep 20091,42865.543.06$4,376
Aug 20091,48467.423.22$4,776
Jul 20091,57461.133.46$5,453
Jun 20091,27666.163.90$4,970
May 20091,50654.743.93$5,912
Apr 20091,51846.773.59$5,446
Mar 20091,56742.144.06$6,360
Feb 20091,44132.814.63$6,676
Jan 20091,61635.865.37$8,680
Dec 20081,55537.105.98$9,294
Nov 20081,49455.496.86$10,249
Oct 20081,54875.246.92$10,715
Sep 20081,509101.767.88$11,887
Aug 20081,557114.228.48$13,208
Jul 20081,494131.0811.39$17,016
Jun 20081,495131.3313.03$19,484
May 20081,881123.1711.57$21,771
Apr 20081,953110.3110.45$20,418
Mar 20082,021101.909.66$19,531
Feb 20081,98792.538.77$17,427
Jan 20082,16590.388.21$17,765
Dec 20072,18488.337.30$15,948
Nov 20072,11391.677.29$15,407
Oct 20072,25882.856.92$15,630
Sep 20072,24475.846.24$14,012
Aug 20072,38969.066.39$15,261
Jul 20072,35370.906.39$15,031
Jun 20072,33462.007.55$17,618
May 20072,38658.747.85$18,721
Apr 20072,59559.617.81$20,254
Mar 20072,96356.927.30$21,636
Feb 20072,72655.108.22$22,397
Jan 20073,31350.306.73$22,286
Dec 20063,72556.656.92$25,771
Nov 20064,12254.207.62$31,399
Oct 20065,49454.906.01$33,040
Sep 20062,47960.085.04$12,487
Aug 2006068.717.34$0
Jul 2006069.376.34$0
Jun 2006066.286.38$0
May 2006066.016.42$0
Apr 2006064.397.36$0
Mar 2006056.707.08$0
Feb 2006057.597.75$0
Jan 2006060.598.93$0
Dec 2005054.9413.42$0
Nov 2005054.6910.59$0
Oct 2005058.3413.80$0
Sep 2005061.4512.08$0
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 20042,58839.866.75$17,472
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 199825912.592.08$539
Aug 19982,38111.301.91$4,541
Jul 19982,41211.742.24$5,396
Jun 19982,27911.242.24$5,099
May 19982,12212.622.21$4,682
Apr 19982,08313.042.51$5,219
Mar 19982,24212.802.31$5,178
Feb 19982,08213.952.30$4,787
Jan 19982,16614.702.15$4,667
Dec 19972,46616.322.41$5,946
Nov 19972,20318.193.09$6,803
Oct 19972,25419.253.15$7,100
Sep 19972,35717.742.95$6,965
Aug 19972,63117.862.55$6,722
Jul 19972,37917.582.25$5,345
Jun 19972,51317.242.26$5,672
May 19972,53518.972.31$5,852
Apr 19972,04117.882.08$4,251
Mar 19972,23118.951.94$4,326
Feb 19972,09520.492.21$4,621
Jan 19972,49523.483.54$8,832
Dec 19962,41023.32$0
Nov 19962,21721.97$0
Oct 19962,45923.31$0
Sep 19962,25522.22$0
Aug 19962,40320.26$0
Jul 19962,37819.55$0
Jun 19962,52018.73$0
May 19962,59919.43$0
Apr 19962,58321.51$0
Mar 19962,54319.38$0
Feb 19962,29416.98$0
Jan 19962,37017.07$0
Dec 19952,46617.19$0
Nov 19952,41116.00$0
Oct 19952,41915.43$0
Sep 19952,30316.18$0
Aug 19952,43715.92$0
Jul 19952,41415.24$0
Jun 19952,44616.41$0
May 19952,14017.56$0
Apr 19952,30617.73$0
Mar 19952,55616.44$0
Feb 19952,24216.58$0
Jan 19952,43615.92$0
Dec 19942,52315.03$0
Nov 19942,60015.90$0
Oct 19942,64715.58$0
Sep 19942,72715.29$0
Aug 19942,77816.13$0
Jul 19942,84417.56$0
Jun 19942,82617.09$0
May 19942,34515.88$0
Apr 19942,48014.14$0
Mar 19942,71212.46$0
Feb 19942,42412.50$0
Jan 19942,80912.66$0
Dec 19932,77612.33$0
Nov 19932,69114.49$0
Oct 19932,88615.85$0
Sep 19932,72315.03$0
Aug 19933,10915.66$0
Jul 19933,05315.46$0
Jun 19932,29516.79$0
May 19932,97917.68$0
Apr 19932,93618.05$0
Mar 19933,10618.14$0
Feb 19932,79617.90$0
Jan 19933,08916.93$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                  993 Mcf  × $  2.87 =     $2,850

────────────────────────────────────────────────────
Month total                                   $2,850

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/27079 is the state's own key, not one this site invented.