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 27083District 10Field 68831200Hydrogen sulphide fieldNGPA filingGasSaveExport
Value, all time
$1.1 M
Jan 1993 – May 2026
Value, last 12 filed months
$25 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.

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
GasProduction329,840 Mcf$1,054,217
Total$1,054,217

94,257 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 35.5344, -101.8060. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.53438, -101.80597 · 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
3,235 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 3,235 ft.

1 well

42-37500172B 55R3,235 ft

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 202659698.932.87$1,710
Mar 202661989.753.15$1,950
Feb 202652863.503.75$1,980
Jan 202660459.138.00$4,831
Dec 202560956.664.41$2,688
Nov 202559758.593.93$2,344
Oct 202562559.383.30$2,066
Sep 202561262.743.08$1,883
Aug 202562563.933.01$1,884
Jul 202563566.743.32$2,105
Jun 202561666.483.13$1,927
May 202563660.553.23$2,056
Apr 202561662.363.54$2,183
Mar 202556367.704.27$2,403
Feb 202545070.884.34$1,953
Jan 202560874.324.28$2,601
Dec 202462068.993.12$1,935
Nov 202460269.052.20$1,323
Oct 202463671.372.28$1,451
Sep 202462169.612.36$1,468
Aug 202464775.632.06$1,335
Jul 202465779.932.15$1,410
Jun 202462878.082.63$1,654
May 202465678.812.20$1,442
Apr 202463184.451.66$1,047
Mar 202465180.301.55$1,006
Feb 202460776.091.78$1,083
Jan 202462773.023.30$2,068
Dec 202365871.262.61$1,718
Nov 202364377.892.81$1,805
Oct 202367685.443.09$2,087
Sep 202366389.042.74$1,813
Aug 202369080.522.67$1,844
Jul 202399574.852.64$2,629
Jun 202366568.962.26$1,502
May 202369670.622.23$1,550
Apr 202367278.122.24$1,504
Mar 202369672.852.39$1,666
Feb 202363175.112.47$1,556
Jan 202365276.533.39$2,209
Dec 202267576.415.73$3,867
Nov 202265785.005.65$3,710
Oct 202269387.185.86$4,064
Sep 202268084.888.16$5,551
Aug 202271894.529.13$6,553
Jul 2022684101.587.54$5,159
Jun 2022632115.097.98$5,042
May 2022644109.378.43$5,431
Apr 2022691104.226.84$4,725
Mar 2022722108.885.08$3,665
Feb 202264191.054.86$3,115
Jan 202241181.844.54$1,865
Dec 202170071.323.90$2,729
Nov 202168577.435.24$3,587
Oct 202171679.795.71$4,091
Sep 202171069.865.35$3,799
Aug 202174466.024.22$3,140
Jul 202175270.783.98$2,995
Jun 202174369.493.38$2,512
May 202181363.483.02$2,453
Apr 202146560.362.76$1,283
Mar 202172061.302.72$1,956
Feb 202137157.805.55$2,058
Jan 202171150.412.81$1,998
Dec 202072244.642.68$1,932
Nov 202067838.772.71$1,835
Oct 202073136.972.48$1,812
Sep 202072037.091.99$1,434
Aug 202073639.982.39$1,755
Jul 202074838.371.83$1,365
Jun 202072234.901.69$1,220
May 202074116.921.81$1,345
Apr 202071214.751.80$1,285
Mar 202073130.341.86$1,357
Feb 202067749.881.98$1,341
Jan 202072457.252.09$1,517
Dec 2019059.012.30$0
Nov 201971355.302.75$1,961
Oct 201974853.472.42$1,809
Sep 201974555.052.66$1,980
Aug 2019053.112.30$0
Jul 201976056.272.46$1,870
Jun 201977352.782.49$1,926
May 201984458.482.74$2,313
Apr 201955462.632.75$1,524
Mar 201975656.803.06$2,315
Feb 2019050.852.79$0
Jan 2019046.033.23$0
Dec 2018046.594.19$0
Nov 2018052.934.24$0
Oct 201879261.443.40$2,691
Sep 201882059.543.11$2,549
Aug 201886559.403.07$2,653
Jul 201889865.142.93$2,633
Jun 201896260.183.08$2,960
May 201852765.382.90$1,529
Apr 201890063.842.90$2,611
Mar 201817061.222.79$474
Feb 201875961.782.77$2,099
Jan 201885562.874.01$3,428
Dec 201789157.272.92$2,603
Nov 201794555.423.12$2,947
Oct 201756949.292.98$1,698
Sep 201749647.523.09$1,531
Aug 201737745.373.00$1,133
Jul 201734243.873.09$1,056
Jun 201768042.493.09$2,099
May 201783245.373.26$2,715
Apr 201779747.933.21$2,560
Mar 201782546.772.98$2,462
Feb 201774650.452.95$2,203
Jan 201782149.413.42$2,807
Dec 201679348.763.72$2,952
Nov 201682542.492.64$2,182
Oct 201688946.193.09$2,747
Sep 201668641.553.10$2,127
Aug 201681641.442.92$2,386
Jul 201687641.622.92$2,562
Jun 201684945.352.69$2,280
May 201684042.521.99$1,672
Apr 201683836.561.99$1,668
Mar 201686733.011.79$1,555
Feb 201679926.472.06$1,649
Jan 201683927.352.36$1,984
Dec 201587132.362.00$1,743
Nov 201586438.792.17$1,873
Oct 201592043.552.43$2,232
Sep 201594542.992.76$2,607
Aug 201567540.162.87$1,939
Jul 201566948.152.95$1,970
Jun 201589556.152.88$2,580
May 201576355.212.96$2,255
Apr 201586449.822.71$2,338
Mar 201587542.892.93$2,568
Feb 201575144.662.98$2,235
Jan 201584143.433.10$2,608
Dec 201488154.693.59$3,164
Nov 201486670.464.25$3,682
Oct 201491978.303.90$3,585
Sep 201496186.164.05$3,888
Aug 201471189.394.04$2,869
Jul 201490596.564.18$3,783
Jun 201490598.164.74$4,287
May 201492194.734.73$4,353
Apr 201491095.944.81$4,376
Mar 201490995.895.06$4,597
Feb 201475597.406.19$4,675
Jan 201486790.404.86$4,214
Dec 201389091.824.35$3,875
Nov 201389788.853.74$3,353
Oct 201393897.423.78$3,545
Sep 2013935104.113.72$3,476
Aug 20131,000104.253.52$3,523
Jul 20131,006102.523.72$3,740
Jun 20131,02394.403.93$4,024
May 201365394.834.15$2,709
Apr 201394793.964.28$4,056
Mar 201396293.623.91$3,764
Feb 201383991.233.42$2,869
Jan 201392191.603.42$3,150
Dec 201298086.773.42$3,352
Nov 201296686.953.62$3,502
Oct 20121,00989.383.40$3,430
Sep 201298694.672.92$2,878
Aug 20121,03692.662.91$3,013
Jul 20121,05685.133.02$3,190
Jun 20121,07079.822.52$2,695
May 201296191.612.49$2,391
Apr 20121,031101.652.00$2,059
Mar 20121,054105.052.22$2,342
Feb 2012948101.102.57$2,437
Jan 201299498.092.73$2,718
Dec 20111,02596.873.24$3,321
Nov 20111,03495.723.31$3,424
Oct 20111,08684.983.65$3,962
Sep 20111,06283.623.99$4,233
Aug 20111,12083.404.15$4,647
Jul 20111,06294.144.52$4,797
Jun 20111,07292.904.64$4,974
May 20111,10798.134.40$4,876
Apr 20111,091105.964.33$4,728
Mar 20111,11196.364.06$4,508
Feb 201183585.644.18$3,490
Jan 20111,04786.504.59$4,804
Dec 20101,08085.734.35$4,696
Nov 20101,07180.843.80$4,065
Oct 20101,13878.103.51$3,993
Sep 20101,14072.633.98$4,537
Aug 20101,20473.684.42$5,321
Jul 20101,22672.554.74$5,807
Jun 20101,24670.364.91$6,118
May 20101,00771.124.24$4,265
Apr 20101,19081.694.12$4,906
Mar 20101,14178.394.39$5,007
Feb 20101,02373.585.44$5,568
Jan 20101,13674.365.96$6,775
Dec 20091,17471.445.48$6,438
Nov 20091,20174.593.75$4,506
Oct 20091,26372.544.11$5,191
Sep 20091,25165.543.06$3,834
Aug 20091,31667.423.22$4,236
Jul 20091,31861.133.46$4,566
Jun 20091,28466.163.90$5,001
May 20091,33054.743.93$5,221
Apr 20091,31146.773.59$4,703
Mar 20091,31342.144.06$5,329
Feb 20091,18332.814.63$5,481
Jan 20091,29735.865.37$6,966
Dec 20081,36837.105.98$8,177
Nov 20081,40155.496.86$9,611
Oct 20081,48275.246.92$10,258
Sep 20081,472101.767.88$11,595
Aug 20081,559114.228.48$13,225
Jul 20081,587131.0811.39$18,075
Jun 20081,579131.3313.03$20,579
May 20081,635123.1711.57$18,924
Apr 20081,619110.3110.45$16,926
Mar 20081,569101.909.66$15,163
Feb 20081,43892.538.77$12,612
Jan 20081,55190.388.21$12,727
Dec 20071,59488.337.30$11,639
Nov 20071,67391.677.29$12,199
Oct 20071,84782.856.92$12,785
Sep 20071,89275.846.24$11,814
Aug 20072,04769.066.39$13,076
Jul 20071,98370.906.39$12,667
Jun 20072,12362.007.55$16,025
May 20072,29458.747.85$17,999
Apr 20072,20159.617.81$17,179
Mar 20072,28756.927.30$16,700
Feb 20072,17955.108.22$17,903
Jan 20072,61650.306.73$17,597
Dec 20062,78756.656.92$19,282
Nov 20063,46554.207.62$26,395
Oct 20065,32454.906.01$32,017
Sep 200665660.085.04$3,304
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 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 199796617.742.95$2,854
Aug 19971,91917.862.55$4,903
Jul 19971,66117.582.25$3,732
Jun 19971,93217.242.26$4,361
May 19971,71718.972.31$3,964
Apr 19971,39617.882.08$2,908
Mar 19971,34218.951.94$2,602
Feb 19971,32720.492.21$2,927
Jan 19971,29723.483.54$4,591
Dec 19961,54223.32$0
Nov 19961,59721.97$0
Oct 19961,71323.31$0
Sep 19961,46822.22$0
Aug 19961,62720.26$0
Jul 19961,80419.55$0
Jun 19962,03418.73$0
May 19961,88919.43$0
Apr 19962,07621.51$0
Mar 19961,79219.38$0
Feb 19961,66016.98$0
Jan 19961,60217.07$0
Dec 19951,67217.19$0
Nov 19951,96016.00$0
Oct 19952,08215.43$0
Sep 19951,64516.18$0
Aug 19951,20415.92$0
Jul 19951,39215.24$0
Jun 19951,77516.41$0
May 19951,52517.56$0
Apr 19952,12917.73$0
Mar 19951,61716.44$0
Feb 19951,53416.58$0
Jan 19951,52415.92$0
Dec 19941,75715.03$0
Nov 19941,99715.90$0
Oct 19942,34915.58$0
Sep 19942,24515.29$0
Aug 19942,35316.13$0
Jul 19942,56917.56$0
Jun 19942,60317.09$0
May 19941,49315.88$0
Apr 19941,60814.14$0
Mar 19941,74612.46$0
Feb 19941,53512.50$0
Jan 19942,12012.66$0
Dec 19932,32512.33$0
Nov 19931,96414.49$0
Oct 19932,15215.85$0
Sep 19932,32415.03$0
Aug 19932,74815.66$0
Jul 19932,75015.46$0
Jun 19932,43216.79$0
May 19932,52917.68$0
Apr 19932,46918.05$0
Mar 19932,34518.14$0
Feb 19932,25217.90$0
Jan 19932,72916.93$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                  596 Mcf  × $  2.87 =     $1,710

────────────────────────────────────────────────────
Month total                                   $1,710

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/27083 is the state's own key, not one this site invented.