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 27082District 10Field 68831200Hydrogen sulphide fieldGasSaveExport
Value, all time
$1.8 M
Jan 1993 – May 2026
Value, last 12 filed months
$26 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
GasProduction1,027,507 Mcf$1,773,976
Total$1,773,976

590,337 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 35.5832, -101.9072. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.58320, -101.90724 · 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.

Completions filed
Sep 1962
1 of 1 wells

1 well

42-375002827RSep 1962

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 202661698.932.87$1,768
Mar 202669289.753.15$2,179
Feb 202649063.503.75$1,838
Jan 202650059.138.00$3,999
Dec 202564356.664.41$2,838
Nov 202567158.593.93$2,635
Oct 202569459.383.30$2,294
Sep 202569162.743.08$2,126
Aug 202574963.933.01$2,258
Jul 202555566.743.32$1,840
Jun 202567266.483.13$2,103
May 202558160.553.23$1,878
Apr 202571762.363.54$2,540
Mar 202549967.704.27$2,130
Feb 20253870.884.34$165
Jan 202548674.324.28$2,079
Dec 202471368.993.12$2,226
Nov 202456469.052.20$1,240
Oct 202448571.372.28$1,106
Sep 202467369.612.36$1,591
Aug 202465075.632.06$1,341
Jul 202475879.932.15$1,627
Jun 202473778.082.63$1,941
May 202471078.812.20$1,561
Apr 202445484.451.66$753
Mar 202469980.301.55$1,080
Feb 202449976.091.78$890
Jan 202462973.023.30$2,074
Dec 202374971.262.61$1,955
Nov 202381077.892.81$2,274
Oct 202382685.443.09$2,550
Sep 202376689.042.74$2,095
Aug 202354080.522.67$1,443
Jul 20231,08474.852.64$2,864
Jun 202370768.962.26$1,597
May 202360170.622.23$1,339
Apr 202369578.122.24$1,555
Mar 202368872.852.39$1,646
Feb 202344175.112.47$1,087
Jan 202344876.533.39$1,518
Dec 202257176.415.73$3,271
Nov 202275085.005.65$4,235
Oct 202272387.185.86$4,240
Sep 202259484.888.16$4,849
Aug 202280494.529.13$7,338
Jul 2022841101.587.54$6,343
Jun 2022702115.097.98$5,600
May 2022717109.378.43$6,046
Apr 2022408104.226.84$2,790
Mar 2022448108.885.08$2,274
Feb 202221391.054.86$1,035
Jan 202260381.844.54$2,736
Dec 202174771.323.90$2,913
Nov 202176677.435.24$4,011
Oct 202178879.795.71$4,503
Sep 202183169.865.35$4,447
Aug 202185366.024.22$3,600
Jul 202167170.783.98$2,672
Jun 202159169.493.38$1,998
May 202139863.483.02$1,201
Apr 202136160.362.76$996
Mar 202161561.302.72$1,671
Feb 202139957.805.55$2,214
Jan 202182750.412.81$2,324
Dec 202080044.642.68$2,140
Nov 202080038.772.71$2,165
Oct 202071036.972.48$1,760
Sep 202080637.091.99$1,605
Aug 202054539.982.39$1,300
Jul 202086538.371.83$1,579
Jun 202078234.901.69$1,322
May 202080216.921.81$1,455
Apr 202074714.751.80$1,348
Mar 202068930.341.86$1,279
Feb 202076149.881.98$1,507
Jan 202074157.252.09$1,552
Dec 201981159.012.30$1,869
Nov 201945155.302.75$1,241
Oct 201975753.472.42$1,831
Sep 201956955.052.66$1,512
Aug 201963453.112.30$1,461
Jul 201962156.272.46$1,528
Jun 201947552.782.49$1,183
May 201964258.482.74$1,759
Apr 201959662.632.75$1,639
Mar 201916756.803.06$511
Feb 201948550.852.79$1,354
Jan 201971046.033.23$2,292
Dec 2018046.594.19$0
Nov 2018052.934.24$0
Oct 201881661.443.40$2,773
Sep 201875759.543.11$2,353
Aug 201873959.403.07$2,266
Jul 201874665.142.93$2,187
Jun 201852460.183.08$1,612
May 201872265.382.90$2,094
Apr 20181,10463.842.90$3,202
Mar 201818361.222.79$510
Feb 201866961.782.77$1,851
Jan 201887562.874.01$3,508
Dec 20171,08357.272.92$3,164
Nov 20171,09255.423.12$3,405
Oct 201788149.292.98$2,629
Sep 201736247.523.09$1,118
Aug 201777845.373.00$2,337
Jul 201772143.873.09$2,226
Jun 201787742.493.09$2,708
May 201791445.373.26$2,983
Apr 201778447.933.21$2,518
Mar 20171,02546.772.98$3,058
Feb 201779850.452.95$2,356
Jan 201774349.413.42$2,540
Dec 201687848.763.72$3,269
Nov 201698042.492.64$2,591
Oct 201672246.193.09$2,231
Sep 201685641.553.10$2,654
Aug 201687241.442.92$2,550
Jul 20161,00541.622.92$2,939
Jun 201680945.352.69$2,173
May 20161,01142.521.99$2,013
Apr 201689736.561.99$1,786
Mar 20161,13333.011.79$2,033
Feb 20161,06926.472.06$2,206
Jan 20161,08227.352.36$2,558
Dec 201592232.362.00$1,845
Nov 201575538.792.17$1,636
Oct 201589943.552.43$2,182
Sep 201582342.992.76$2,270
Aug 201573840.162.87$2,120
Jul 201566448.152.95$1,956
Jun 201578856.152.88$2,272
May 201564555.212.96$1,906
Apr 20151,02649.822.71$2,777
Mar 201599342.892.93$2,914
Feb 201596244.662.98$2,863
Jan 20151,09743.433.10$3,401
Dec 20141,09254.693.59$3,922
Nov 201498970.464.25$4,205
Oct 20141,18178.303.90$4,607
Sep 20141,06586.164.05$4,308
Aug 201486989.394.04$3,507
Jul 20141,02196.564.18$4,267
Jun 20141,09198.164.74$5,168
May 20141,15794.734.73$5,469
Apr 20141,10795.944.81$5,324
Mar 20141,16995.895.06$5,911
Feb 201498397.406.19$6,087
Jan 20141,15390.404.86$5,604
Dec 20131,09291.824.35$4,755
Nov 20131,21488.853.74$4,538
Oct 20131,22097.423.78$4,611
Sep 20131,216104.113.72$4,521
Aug 20131,257104.253.52$4,428
Jul 20131,293102.523.72$4,807
Jun 20131,28294.403.93$5,043
May 20131,17794.834.15$4,883
Apr 20131,25793.964.28$5,383
Mar 20131,13493.623.91$4,437
Feb 20131,09691.233.42$3,748
Jan 20131,34491.603.42$4,596
Dec 20121,15586.773.42$3,950
Nov 20121,19486.953.62$4,328
Oct 20121,34189.383.40$4,559
Sep 20121,26194.672.92$3,680
Aug 20121,30992.662.91$3,807
Jul 20121,28585.133.02$3,882
Jun 20121,20479.822.52$3,033
May 20121,16991.612.49$2,909
Apr 20121,481101.652.00$2,957
Mar 20121,562105.052.22$3,471
Feb 20121,435101.102.57$3,688
Jan 20121,63098.092.73$4,457
Dec 20111,42296.873.24$4,607
Nov 20111,60095.723.31$5,298
Oct 20111,64184.983.65$5,987
Sep 20111,67883.623.99$6,688
Aug 20111,60483.404.15$6,656
Jul 20111,52794.144.52$6,898
Jun 20111,61392.904.64$7,484
May 20111,54198.134.40$6,788
Apr 20111,580105.964.33$6,847
Mar 20111,63496.364.06$6,630
Feb 20111,37185.644.18$5,731
Jan 20111,55986.504.59$7,154
Dec 20101,50685.734.35$6,548
Nov 20101,42080.843.80$5,389
Oct 201079278.103.51$2,779
Sep 201062172.633.98$2,471
Aug 20102,38873.684.42$10,553
Jul 20102,02572.554.74$9,591
Jun 20101,91070.364.91$9,379
May 20102,22471.124.24$9,419
Apr 20102,28381.694.12$9,412
Mar 20102,39078.394.39$10,489
Feb 20102,16373.585.44$11,772
Jan 20102,45674.365.96$14,648
Dec 20092,45771.445.48$13,474
Nov 20092,48174.593.75$9,307
Oct 20092,60472.544.11$10,703
Sep 20092,56465.543.06$7,858
Aug 20092,72667.423.22$8,774
Jul 20092,87261.133.46$9,950
Jun 20092,85866.163.90$11,132
May 20093,01954.743.93$11,852
Apr 20093,13946.773.59$11,261
Mar 20093,06842.144.06$12,453
Feb 20092,29332.814.63$10,623
Jan 20092,53735.865.37$13,626
Dec 20082,59337.105.98$15,499
Nov 20082,59855.496.86$17,823
Oct 20082,55675.246.92$17,693
Sep 20082,640101.767.88$20,796
Aug 20082,736114.228.48$23,210
Jul 20082,748131.0811.39$31,298
Jun 20082,655131.3313.03$34,602
May 20082,682123.1711.57$31,042
Apr 20082,727110.3110.45$28,510
Mar 20082,756101.909.66$26,634
Feb 20082,39392.538.77$20,988
Jan 20082,49690.388.21$20,482
Dec 20072,88288.337.30$21,044
Nov 20073,47191.677.29$25,309
Oct 20073,24682.856.92$22,469
Sep 20073,14475.846.24$19,632
Aug 20073,20469.066.39$20,467
Jul 20073,21070.906.39$20,505
Jun 20073,08862.007.55$23,310
May 20073,20858.747.85$25,171
Apr 20072,82859.617.81$22,073
Mar 20073,10856.927.30$22,695
Feb 20073,00455.108.22$24,681
Jan 20073,43050.306.73$23,073
Dec 20063,45356.656.92$23,889
Nov 20063,58654.207.62$27,316
Oct 20064,58154.906.01$27,549
Sep 20062,47460.085.04$12,462
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 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 19986,54711.742.24$14,647
Jun 19987,39911.242.24$16,554
May 19987,52212.622.21$16,596
Apr 19988,12013.042.51$20,343
Mar 19988,94712.802.31$20,663
Feb 19988,27413.952.30$19,023
Jan 19989,51714.702.15$20,507
Dec 19979,80916.322.41$23,650
Nov 19979,35918.193.09$28,903
Oct 19979,84419.253.15$31,007
Sep 19972,46717.742.95$7,290
Aug 19975,00917.862.55$12,797
Jul 1997017.582.25$0
Jun 19972,13117.242.26$4,810
May 19978,61018.972.31$19,876
Apr 19979,18917.882.08$19,139
Mar 19979,91318.951.94$19,223
Feb 19978,81120.492.21$19,436
Jan 19979,92823.483.54$35,142
Dec 19969,75123.32$0
Nov 19969,32621.97$0
Oct 199610,64623.31$0
Sep 19969,52522.22$0
Aug 199610,26020.26$0
Jul 199611,49619.55$0
Jun 19969,17418.73$0
May 199611,11119.43$0
Apr 199610,47521.51$0
Mar 199610,57119.38$0
Feb 199610,18116.98$0
Jan 199610,50217.07$0
Dec 199511,08217.19$0
Nov 199511,04916.00$0
Oct 199511,56115.43$0
Sep 199511,03816.18$0
Aug 199511,88715.92$0
Jul 199511,91015.24$0
Jun 199511,36316.41$0
May 199512,00017.56$0
Apr 199510,43817.73$0
Mar 199511,79616.44$0
Feb 199510,20816.58$0
Jan 199511,87615.92$0
Dec 199412,30515.03$0
Nov 199412,40415.90$0
Oct 199412,82515.58$0
Sep 199412,71015.29$0
Aug 199413,07916.13$0
Jul 199413,18117.56$0
Jun 199412,78417.09$0
May 199413,32015.88$0
Apr 199411,50814.14$0
Mar 199413,84412.46$0
Feb 199412,57012.50$0
Jan 199414,04712.66$0
Dec 199314,16712.33$0
Nov 199314,03614.49$0
Oct 199314,56015.85$0
Sep 199314,24315.03$0
Aug 199314,98015.66$0
Jul 199315,20115.46$0
Jun 199315,04916.79$0
May 199314,07117.68$0
Apr 199314,73918.05$0
Mar 199315,61318.14$0
Feb 199314,20317.90$0
Jan 199315,67216.93$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                  616 Mcf  × $  2.87 =     $1,768

────────────────────────────────────────────────────
Month total                                   $1,768

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/27082 is the state's own key, not one this site invented.