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 27085District 10Field 68831200Hydrogen sulphide fieldGasSaveExport
Value, all time
$1.6 M
Jan 1993 – May 2026
Value, last 12 filed months
$30 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
GasProduction748,440 Mcf$1,552,222
Total$1,552,222

360,675 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 35.5957, -101.8880. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.59569, -101.88802 · 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
3,599 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 3,599 ft.

1 well

42-37500021B 75R3,599 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 202670998.932.87$2,035
Mar 202673689.753.15$2,318
Feb 202662963.503.75$2,359
Jan 202672459.138.00$5,790
Dec 202573456.664.41$3,239
Nov 202571758.593.93$2,815
Oct 202575259.383.30$2,485
Sep 202574062.743.08$2,277
Aug 202569863.933.01$2,104
Jul 202576366.743.32$2,530
Jun 202573566.483.13$2,300
May 202576460.553.23$2,469
Apr 202574362.363.54$2,633
Mar 202570367.704.27$3,001
Feb 202567670.884.34$2,934
Jan 202574974.324.28$3,205
Dec 202475668.993.12$2,360
Nov 202473669.052.20$1,618
Oct 202477071.372.28$1,757
Sep 202474969.612.36$1,771
Aug 202478075.632.06$1,610
Jul 202479479.932.15$1,704
Jun 202476478.082.63$2,012
May 202477978.812.20$1,713
Apr 202475184.451.66$1,246
Mar 202477580.301.55$1,197
Feb 202473376.091.78$1,307
Jan 202476673.023.30$2,526
Dec 202379671.262.61$2,078
Nov 202377377.892.81$2,170
Oct 202372285.443.09$2,229
Sep 202357989.042.74$1,584
Aug 202360580.522.67$1,617
Jul 202342374.852.64$1,117
Jun 202360868.962.26$1,373
May 202363470.622.23$1,412
Apr 202362878.122.24$1,405
Mar 202365672.852.39$1,570
Feb 202359375.112.47$1,462
Jan 202367376.533.39$2,280
Dec 202263776.415.73$3,649
Nov 202256985.005.65$3,213
Oct 202253287.185.86$3,120
Sep 202251784.888.16$4,221
Aug 202254194.529.13$4,938
Jul 2022479101.587.54$3,613
Jun 2022479115.097.98$3,821
May 2022537109.378.43$4,529
Apr 2022539104.226.84$3,685
Mar 2022550108.885.08$2,792
Feb 202249091.054.86$2,381
Jan 202253481.844.54$2,423
Dec 202153371.323.90$2,078
Nov 202151677.435.24$2,702
Oct 202153379.795.71$3,045
Sep 202152969.865.35$2,831
Aug 202157666.024.22$2,431
Jul 202188670.783.98$3,528
Jun 202188069.493.38$2,975
May 202198063.483.02$2,957
Apr 202158860.362.76$1,622
Mar 202198761.302.72$2,682
Feb 202144357.805.55$2,458
Jan 202188850.412.81$2,496
Dec 202090044.642.68$2,408
Nov 202085938.772.71$2,325
Oct 202079736.972.48$1,975
Sep 202086137.091.99$1,714
Aug 202089639.982.39$2,137
Jul 202091538.371.83$1,670
Jun 202089834.901.69$1,518
May 202092916.921.81$1,686
Apr 202089914.751.80$1,622
Mar 202093130.341.86$1,728
Feb 202087049.881.98$1,723
Jan 202093857.252.09$1,965
Dec 2019059.012.30$0
Nov 201991455.302.75$2,514
Oct 201995153.472.42$2,300
Sep 201994655.052.66$2,514
Aug 2019053.112.30$0
Jul 201997756.272.46$2,403
Jun 201997652.782.49$2,431
May 201994158.482.74$2,579
Apr 201998062.632.75$2,696
Mar 201999256.803.06$3,038
Feb 2019050.852.79$0
Jan 2019046.033.23$0
Dec 2018046.594.19$0
Nov 2018052.934.24$0
Oct 20181,04761.443.40$3,558
Sep 20181,02759.543.11$3,192
Aug 20181,08359.403.07$3,321
Jul 20181,09765.142.93$3,216
Jun 20181,06460.183.08$3,274
May 20181,15865.382.90$3,359
Apr 20181,12563.842.90$3,263
Mar 201828661.222.79$797
Feb 20181,01461.782.77$2,805
Jan 20181,05762.874.01$4,238
Dec 20171,08957.272.92$3,182
Nov 20171,24555.423.12$3,882
Oct 201747749.292.98$1,423
Sep 201759947.523.09$1,849
Aug 20171,21645.373.00$3,653
Jul 201742243.873.09$1,303
Jun 20171,02142.493.09$3,152
May 20171,11445.373.26$3,635
Apr 20171,05647.933.21$3,391
Mar 20171,10346.772.98$3,291
Feb 201799050.452.95$2,923
Jan 20171,10049.413.42$3,761
Dec 20161,09448.763.72$4,073
Nov 20161,08942.492.64$2,880
Oct 20161,15746.193.09$3,575
Sep 201699341.553.10$3,079
Aug 20161,00441.442.92$2,936
Jul 20161,13741.622.92$3,325
Jun 20161,09845.352.69$2,949
May 20161,14842.521.99$2,286
Apr 20161,12736.561.99$2,244
Mar 20161,14133.011.79$2,047
Feb 20161,08726.472.06$2,243
Jan 20161,16427.352.36$2,752
Dec 20151,17832.362.00$2,358
Nov 20151,15338.792.17$2,499
Oct 20151,19443.552.43$2,897
Sep 20151,18942.992.76$3,280
Aug 20151,21940.162.87$3,502
Jul 20151,23748.152.95$3,643
Jun 20151,33056.152.88$3,834
May 201568655.212.96$2,027
Apr 20151,19649.822.71$3,237
Mar 20151,24342.892.93$3,648
Feb 20151,09344.662.98$3,253
Jan 20151,25043.433.10$3,876
Dec 20141,26254.693.59$4,532
Nov 20141,23370.464.25$5,243
Oct 20141,29578.303.90$5,052
Sep 20141,33586.164.05$5,401
Aug 20141,00189.394.04$4,039
Jul 20141,30496.564.18$5,450
Jun 20141,24898.164.74$5,912
May 20141,30994.734.73$6,187
Apr 20141,26695.944.81$6,088
Mar 20141,29995.895.06$6,569
Feb 20141,17697.406.19$7,282
Jan 20141,30690.404.86$6,348
Dec 20131,32491.824.35$5,765
Nov 20131,29888.853.74$4,852
Oct 20131,36597.423.78$5,159
Sep 20131,348104.113.72$5,012
Aug 20131,412104.253.52$4,974
Jul 20131,432102.523.72$5,324
Jun 20131,46094.403.93$5,743
May 201398294.834.15$4,074
Apr 20131,26793.964.28$5,426
Mar 20131,40093.623.91$5,478
Feb 20131,26691.233.42$4,330
Jan 20131,40391.603.42$4,798
Dec 20121,42186.773.42$4,860
Nov 20121,39886.953.62$5,068
Oct 20121,45589.383.40$4,947
Sep 20121,40794.672.92$4,106
Aug 20121,48692.662.91$4,322
Jul 20121,50585.133.02$4,546
Jun 20121,44679.822.52$3,643
May 20121,43491.612.49$3,568
Apr 20121,503101.652.00$3,001
Mar 20121,538105.052.22$3,418
Feb 20121,471101.102.57$3,781
Jan 20121,55898.092.73$4,260
Dec 20111,58496.873.24$5,132
Nov 20111,56095.723.31$5,166
Oct 20111,64484.983.65$5,998
Sep 20111,62183.623.99$6,461
Aug 20111,69583.404.15$7,033
Jul 20111,59994.144.52$7,223
Jun 20111,66292.904.64$7,711
May 20111,76698.134.40$7,779
Apr 20111,719105.964.33$7,449
Mar 20111,78696.364.06$7,246
Feb 20111,58385.644.18$6,617
Jan 20111,77086.504.59$8,122
Dec 20101,79885.734.35$7,817
Nov 20101,79080.843.80$6,794
Oct 20101,88678.103.51$6,618
Sep 20101,85472.633.98$7,378
Aug 20101,95273.684.42$8,627
Jul 20101,97072.554.74$9,331
Jun 20101,85370.364.91$9,099
May 20101,63171.124.24$6,908
Apr 20101,89881.694.12$7,825
Mar 20101,94178.394.39$8,518
Feb 20101,80673.585.44$9,829
Jan 20102,03674.365.96$12,143
Dec 20092,05471.445.48$11,264
Nov 20092,04374.593.75$7,664
Oct 20092,14272.544.11$8,804
Sep 20092,13865.543.06$6,552
Aug 20092,29167.423.22$7,374
Jul 20092,32861.133.46$8,065
Jun 20092,31966.163.90$9,033
May 20092,36954.743.93$9,300
Apr 20092,40046.773.59$8,610
Mar 20092,43042.144.06$9,863
Feb 20092,25932.814.63$10,466
Jan 20092,52335.865.37$13,551
Dec 20082,62337.105.98$15,678
Nov 20082,33655.496.86$16,026
Oct 20082,41375.246.92$16,703
Sep 20082,447101.767.88$19,275
Aug 20082,962114.228.48$25,127
Jul 20083,172131.0811.39$36,127
Jun 20083,222131.3313.03$41,991
May 20083,431123.1711.57$39,711
Apr 20083,977110.3110.45$41,579
Mar 20081,404101.909.66$13,568
Feb 20081,01692.538.77$8,911
Jan 20081,61890.388.21$13,277
Dec 20072,57488.337.30$18,795
Nov 20071,78991.677.29$13,045
Oct 20071,87682.856.92$12,986
Sep 20072,11475.846.24$13,200
Aug 20072,03869.066.39$13,019
Jul 20072,00470.906.39$12,801
Jun 20071,95062.007.55$14,719
May 20071,81358.747.85$14,225
Apr 20071,75459.617.81$13,690
Mar 20071,56056.927.30$11,391
Feb 20071,02755.108.22$8,438
Jan 200798550.306.73$6,626
Dec 20061,52156.656.92$10,523
Nov 20062,34254.207.62$17,840
Oct 20063,03854.906.01$18,270
Sep 20061,64260.085.04$8,271
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 19984,13211.742.24$9,244
Jun 19984,47811.242.24$10,019
May 19984,59912.622.21$10,147
Apr 19984,60413.042.51$11,535
Mar 19984,84812.802.31$11,196
Feb 19984,58213.952.30$10,535
Jan 19984,78514.702.15$10,311
Dec 19974,75316.322.41$11,460
Nov 19974,77718.193.09$14,753
Oct 19974,89319.253.15$15,412
Sep 19975,11817.742.95$15,123
Aug 19975,76317.862.55$14,723
Jul 19975,86417.582.25$13,176
Jun 19975,26717.242.26$11,889
May 19975,44118.972.31$12,561
Apr 19975,96417.882.08$12,422
Mar 19976,48918.951.94$12,583
Feb 19975,90820.492.21$13,032
Jan 19976,41423.483.54$22,704
Dec 19966,25523.32$0
Nov 19966,01121.97$0
Oct 19966,83223.31$0
Sep 19965,58522.22$0
Aug 19965,90220.26$0
Jul 19966,87819.55$0
Jun 19965,85118.73$0
May 19966,79319.43$0
Apr 19966,53821.51$0
Mar 19966,19219.38$0
Feb 19965,73116.98$0
Jan 19966,25617.07$0
Dec 19956,63717.19$0
Nov 19956,59916.00$0
Oct 19957,02815.43$0
Sep 19956,47216.18$0
Aug 19957,25615.92$0
Jul 19957,10115.24$0
Jun 19956,81716.41$0
May 19957,12217.56$0
Apr 19956,23917.73$0
Mar 19957,08616.44$0
Feb 19955,68216.58$0
Jan 19956,64215.92$0
Dec 19946,97415.03$0
Nov 19947,34815.90$0
Oct 19948,21015.58$0
Sep 19947,81115.29$0
Aug 19948,25516.13$0
Jul 19948,35517.56$0
Jun 19947,81517.09$0
May 19947,73615.88$0
Apr 19946,39614.14$0
Mar 19948,27512.46$0
Feb 19947,46512.50$0
Jan 19948,32912.66$0
Dec 19938,10012.33$0
Nov 19938,48114.49$0
Oct 19939,33715.85$0
Sep 19939,32215.03$0
Aug 19939,89415.66$0
Jul 199310,05415.46$0
Jun 199310,13116.79$0
May 19939,14317.68$0
Apr 19939,45418.05$0
Mar 19939,54818.14$0
Feb 19938,78417.90$0
Jan 19939,95316.93$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                  709 Mcf  × $  2.87 =     $2,035

────────────────────────────────────────────────────
Month total                                   $2,035

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/27085 is the state's own key, not one this site invented.