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 27084District 10Field 68831200Hydrogen sulphide fieldNGPA filingGasSaveExport
Value, all time
$572 k
Jan 1993 – May 2026
Value, last 12 filed months
$12 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
GasProduction254,964 Mcf$571,613
Total$571,613

117,278 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 35.5941, -101.8468. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.59406, -101.84680 · 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
2,265 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 2,265 ft.

Completions filed
Oct 1960
1 of 1 wells

1 well

42-37500332B 64R2,265 ftOct 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 202619298.932.87$551
Mar 202627489.753.15$863
Feb 202624763.503.75$926
Jan 202642959.138.00$3,431
Dec 202523156.664.41$1,019
Nov 202525358.593.93$993
Oct 202530459.383.30$1,005
Sep 202520462.743.08$628
Aug 202536163.933.01$1,088
Jul 202525466.743.32$842
Jun 202536866.483.13$1,151
May 202538060.553.23$1,228
Apr 202538062.363.54$1,346
Mar 202535067.704.27$1,494
Feb 202533370.884.34$1,446
Jan 202537274.324.28$1,592
Dec 202435568.993.12$1,108
Nov 202423169.052.20$508
Oct 202427971.372.28$637
Sep 202424069.612.36$567
Aug 202423075.632.06$475
Jul 202428979.932.15$620
Jun 202431678.082.63$832
May 202434578.812.20$758
Apr 202419684.451.66$325
Mar 202423580.301.55$363
Feb 202427476.091.78$489
Jan 202431873.023.30$1,049
Dec 202325471.262.61$663
Nov 202330677.892.81$859
Oct 202327285.443.09$840
Sep 202327089.042.74$738
Aug 202327080.522.67$722
Jul 202331274.852.64$824
Jun 202318768.962.26$422
May 202319770.622.23$439
Apr 202329178.122.24$651
Mar 202328372.852.39$677
Feb 202319575.112.47$481
Jan 202338976.533.39$1,318
Dec 202240576.415.73$2,320
Nov 202229285.005.65$1,649
Oct 202231187.185.86$1,824
Sep 202230384.888.16$2,474
Aug 202234994.529.13$3,185
Jul 2022280101.587.54$2,112
Jun 2022195115.097.98$1,556
May 2022272109.378.43$2,294
Apr 2022196104.226.84$1,340
Mar 2022243108.885.08$1,234
Feb 202222591.054.86$1,093
Jan 202223181.844.54$1,048
Dec 202129871.323.90$1,162
Nov 202132777.435.24$1,712
Oct 202130579.795.71$1,743
Sep 202132869.865.35$1,755
Aug 202129466.024.22$1,241
Jul 202130570.783.98$1,215
Jun 202127169.493.38$916
May 202138463.483.02$1,159
Apr 202121560.362.76$593
Mar 202126361.302.72$715
Feb 202123057.805.55$1,276
Jan 202139050.412.81$1,096
Dec 202038644.642.68$1,033
Nov 202047638.772.71$1,288
Oct 202039236.972.48$972
Sep 202042537.091.99$846
Aug 202049739.982.39$1,185
Jul 202037338.371.83$681
Jun 202037034.901.69$625
May 202039816.921.81$722
Apr 202033814.751.80$610
Mar 202034130.341.86$633
Feb 202044849.881.98$887
Jan 202031257.252.09$654
Dec 2019059.012.30$0
Nov 201942955.302.75$1,180
Oct 201920053.472.42$484
Sep 201945855.052.66$1,217
Aug 2019053.112.30$0
Jul 201945656.272.46$1,122
Jun 201937252.782.49$927
May 201934858.482.74$954
Apr 201925862.632.75$710
Mar 201943156.803.06$1,320
Feb 2019050.852.79$0
Jan 2019046.033.23$0
Dec 2018046.594.19$0
Nov 2018052.934.24$0
Oct 201854561.443.40$1,852
Sep 201849759.543.11$1,545
Aug 201847459.403.07$1,454
Jul 201848365.142.93$1,416
Jun 201860560.183.08$1,862
May 201861565.382.90$1,784
Apr 201853263.842.90$1,543
Mar 201828661.222.79$797
Feb 201848961.782.77$1,353
Jan 201855062.874.01$2,205
Dec 201749957.272.92$1,458
Nov 201763955.423.12$1,993
Oct 201738249.292.98$1,140
Sep 201729447.523.09$908
Aug 201776545.373.00$2,298
Jul 201720343.873.09$627
Jun 201757942.493.09$1,788
May 201774945.373.26$2,444
Apr 201785847.933.21$2,756
Mar 201755246.772.98$1,647
Feb 201749350.452.95$1,456
Jan 201732749.413.42$1,118
Dec 201647748.763.72$1,776
Nov 201651942.492.64$1,372
Oct 201661346.193.09$1,894
Sep 201636541.553.10$1,132
Aug 201639941.442.92$1,167
Jul 201660841.622.92$1,778
Jun 201651845.352.69$1,391
May 201653742.521.99$1,069
Apr 201652436.561.99$1,043
Mar 201655533.011.79$996
Feb 201651526.472.06$1,063
Jan 201656727.352.36$1,341
Dec 201534032.362.00$680
Nov 201559438.792.17$1,287
Oct 201556643.552.43$1,373
Sep 201580242.992.76$2,212
Aug 201551140.162.87$1,468
Jul 201554648.152.95$1,608
Jun 201552656.152.88$1,516
May 201537255.212.96$1,099
Apr 201565649.822.71$1,776
Mar 201557742.892.93$1,693
Feb 201563744.662.98$1,896
Jan 201531543.433.10$977
Dec 201454554.693.59$1,957
Nov 201429970.464.25$1,271
Oct 201476778.303.90$2,992
Sep 201441186.164.05$1,663
Aug 201439589.394.04$1,594
Jul 201460496.564.18$2,524
Jun 201459298.164.74$2,804
May 201455294.734.73$2,609
Apr 201462995.944.81$3,025
Mar 201459095.895.06$2,984
Feb 201458997.406.19$3,647
Jan 201463190.404.86$3,067
Dec 201348291.824.35$2,099
Nov 201356088.853.74$2,093
Oct 201361897.423.78$2,336
Sep 2013615104.113.72$2,286
Aug 2013631104.253.52$2,223
Jul 2013596102.523.72$2,216
Jun 201361494.403.93$2,415
May 201361094.834.15$2,531
Apr 201348293.964.28$2,064
Mar 201360593.623.91$2,367
Feb 201352191.233.42$1,782
Jan 201362391.603.42$2,131
Dec 201259486.773.42$2,032
Nov 201265486.953.62$2,371
Oct 201266889.383.40$2,271
Sep 201262494.672.92$1,821
Aug 201264192.662.91$1,864
Jul 201263085.133.02$1,903
Jun 201269979.822.52$1,761
May 201267691.612.49$1,682
Apr 2012604101.652.00$1,206
Mar 2012685105.052.22$1,522
Feb 2012660101.102.57$1,696
Jan 201275498.092.73$2,062
Dec 201140696.873.24$1,315
Nov 201164195.723.31$2,123
Oct 201162484.983.65$2,277
Sep 201166983.623.99$2,667
Aug 201172683.404.15$3,012
Jul 201155894.144.52$2,521
Jun 201161392.904.64$2,844
May 201172298.134.40$3,180
Apr 2011788105.964.33$3,415
Mar 201161996.364.06$2,511
Feb 20112085.644.18$84
Jan 201165186.504.59$2,987
Dec 201044285.734.35$1,922
Nov 201041280.843.80$1,564
Oct 201094078.103.51$3,298
Sep 201066972.633.98$2,662
Aug 201070473.684.42$3,111
Jul 201068472.554.74$3,240
Jun 201083470.364.91$4,095
May 201062171.124.24$2,630
Apr 201077981.694.12$3,212
Mar 201076678.394.39$3,362
Feb 201031773.585.44$1,725
Jan 201069274.365.96$4,127
Dec 200974071.445.48$4,058
Nov 200977074.593.75$2,889
Oct 200972172.544.11$2,963
Sep 200992765.543.06$2,841
Aug 200965567.423.22$2,108
Jul 200982561.133.46$2,858
Jun 200960966.163.90$2,372
May 200976054.743.93$2,984
Apr 200981546.773.59$2,924
Mar 200984242.144.06$3,418
Feb 200981632.814.63$3,781
Jan 200984335.865.37$4,528
Dec 200890037.105.98$5,379
Nov 200885355.496.86$5,852
Oct 200883975.246.92$5,808
Sep 2008758101.767.88$5,971
Aug 2008694114.228.48$5,887
Jul 2008777131.0811.39$8,850
Jun 2008754131.3313.03$9,827
May 2008838123.1711.57$9,699
Apr 2008759110.3110.45$7,935
Mar 2008856101.909.66$8,272
Feb 200894692.538.77$8,297
Jan 200860590.388.21$4,964
Dec 200768888.337.30$5,024
Nov 200772491.677.29$5,279
Oct 200779982.856.92$5,531
Sep 200779475.846.24$4,958
Aug 200793069.066.39$5,941
Jul 20071,23170.906.39$7,864
Jun 200764662.007.55$4,876
May 20071,23158.747.85$9,659
Apr 200795459.617.81$7,446
Mar 20071,05056.927.30$7,667
Feb 200763355.108.22$5,201
Jan 200768950.306.73$4,635
Dec 200687256.656.92$6,033
Nov 20061,80754.207.62$13,765
Oct 200696054.906.01$5,773
Sep 2006060.085.04$0
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 199736919.253.15$1,162
Sep 19971,88617.742.95$5,573
Aug 19972,04717.862.55$5,230
Jul 19972,11017.582.25$4,741
Jun 19972,22517.242.26$5,022
May 19972,26318.972.31$5,224
Apr 19971,90417.882.08$3,966
Mar 19971,92318.951.94$3,729
Feb 19971,71420.492.21$3,781
Jan 19971,84723.483.54$6,538
Dec 19961,93423.32$0
Nov 19961,85321.97$0
Oct 19962,09223.31$0
Sep 19961,94222.22$0
Aug 19962,00620.26$0
Jul 19962,13119.55$0
Jun 19962,18918.73$0
May 19962,12019.43$0
Apr 19962,28121.51$0
Mar 19962,41319.38$0
Feb 19962,12616.98$0
Jan 19961,98417.07$0
Dec 19952,32517.19$0
Nov 19953,18116.00$0
Oct 19952,11615.43$0
Sep 19951,76316.18$0
Aug 19951,23615.92$0
Jul 19951,57215.24$0
Jun 19952,40716.41$0
May 19952,16717.56$0
Apr 19952,28817.73$0
Mar 19952,41516.44$0
Feb 19952,09216.58$0
Jan 19952,23615.92$0
Dec 19942,21715.03$0
Nov 19942,31815.90$0
Oct 19942,52315.58$0
Sep 19942,51615.29$0
Aug 19942,57916.13$0
Jul 19942,70117.56$0
Jun 19942,88317.09$0
May 19942,62115.88$0
Apr 19942,74414.14$0
Mar 19943,02612.46$0
Feb 19942,67412.50$0
Jan 19942,87312.66$0
Dec 19932,45712.33$0
Nov 19932,50814.49$0
Oct 19932,76715.85$0
Sep 19932,64415.03$0
Aug 19933,02415.66$0
Jul 19932,90515.46$0
Jun 19932,40716.79$0
May 19933,30017.68$0
Apr 19933,78018.05$0
Mar 19932,86018.14$0
Feb 19932,77917.90$0
Jan 19933,30316.93$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                  192 Mcf  × $  2.87 =       $551

────────────────────────────────────────────────────
Month total                                     $551

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/27084 is the state's own key, not one this site invented.