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 27087District 10Field 68831200Hydrogen sulphide fieldGasSaveExport
Value, all time
$629 k
Jan 1993 – May 2026
Value, last 12 filed months
$14 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
GasProduction255,490 Mcf$629,420
Total$629,420

108,408 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 35.5709, -101.8506. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.57086, -101.85057 · 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
3,236 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 3,236 ft.

Completions filed
Oct 1960
1 of 1 wells

1 well

42-37500020B 78R3,236 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 202644498.932.87$1,274
Mar 202628689.753.15$901
Feb 20262663.503.75$98
Jan 202635159.138.00$2,807
Dec 202533656.664.41$1,483
Nov 202535458.593.93$1,390
Oct 202537559.383.30$1,239
Sep 202537362.743.08$1,148
Aug 202533463.933.01$1,007
Jul 202536366.743.32$1,203
Jun 202535966.483.13$1,123
May 202537760.553.23$1,219
Apr 202535962.363.54$1,272
Mar 202531967.704.27$1,362
Feb 202526470.884.34$1,146
Jan 202537274.324.28$1,592
Dec 202434268.993.12$1,068
Nov 202435369.052.20$776
Oct 202437471.372.28$853
Sep 202436769.612.36$868
Aug 202436475.632.06$751
Jul 202437679.932.15$807
Jun 202436678.082.63$964
May 202438678.812.20$849
Apr 202438084.451.66$631
Mar 202438080.301.55$587
Feb 202434076.091.78$606
Jan 202436673.023.30$1,207
Dec 202337771.262.61$984
Nov 202339177.892.81$1,098
Oct 202340085.443.09$1,235
Sep 202338889.042.74$1,061
Aug 202340080.522.67$1,069
Jul 202347574.852.64$1,255
Jun 202339068.962.26$881
May 202340570.622.23$902
Apr 202338478.122.24$859
Mar 202334472.852.39$823
Feb 202332875.112.47$809
Jan 202334176.533.39$1,155
Dec 202234376.415.73$1,965
Nov 202233385.005.65$1,880
Oct 202236487.185.86$2,134
Sep 202235584.888.16$2,898
Aug 202236894.529.13$3,359
Jul 2022370101.587.54$2,791
Jun 2022347115.097.98$2,768
May 2022374109.378.43$3,154
Apr 2022379104.226.84$2,591
Mar 2022344108.885.08$1,746
Feb 202224891.054.86$1,205
Jan 202240281.844.54$1,824
Dec 202137471.323.90$1,458
Nov 202138177.435.24$1,995
Oct 202140679.795.71$2,320
Sep 202139369.865.35$2,103
Aug 202141266.024.22$1,739
Jul 202141170.783.98$1,637
Jun 202142669.493.38$1,440
May 202149563.483.02$1,494
Apr 202131360.362.76$863
Mar 202135561.302.72$965
Feb 202128657.805.55$1,587
Jan 202140450.412.81$1,135
Dec 202041544.642.68$1,110
Nov 202035638.772.71$964
Oct 202036936.972.48$915
Sep 202040237.091.99$800
Aug 202040339.982.39$961
Jul 202039738.371.83$725
Jun 202041134.901.69$695
May 202043616.921.81$791
Apr 202041814.751.80$754
Mar 202040430.341.86$750
Feb 202038649.881.98$765
Jan 202040757.252.09$853
Dec 2019059.012.30$0
Nov 201940155.302.75$1,103
Oct 201944253.472.42$1,069
Sep 201944755.052.66$1,188
Aug 2019053.112.30$0
Jul 201946356.272.46$1,139
Jun 201945552.782.49$1,134
May 201951558.482.74$1,411
Apr 201930962.632.75$850
Mar 201948256.803.06$1,476
Feb 2019050.852.79$0
Jan 2019046.033.23$0
Dec 2018046.594.19$0
Nov 2018052.934.24$0
Oct 201847061.443.40$1,597
Sep 201846359.543.11$1,439
Aug 201848559.403.07$1,487
Jul 201849565.142.93$1,451
Jun 201849060.183.08$1,508
May 201852565.382.90$1,523
Apr 201862263.842.90$1,804
Mar 201817361.222.79$482
Feb 201847361.782.77$1,308
Jan 201853962.874.01$2,161
Dec 201755657.272.92$1,624
Nov 201763755.423.12$1,986
Oct 201747549.292.98$1,417
Sep 201734947.523.09$1,077
Aug 201750345.373.00$1,511
Jul 201715843.873.09$488
Jun 201747442.493.09$1,463
May 201749045.373.26$1,599
Apr 201745947.933.21$1,474
Mar 201748846.772.98$1,456
Feb 201744150.452.95$1,302
Jan 201749349.413.42$1,685
Dec 201644648.763.72$1,660
Nov 201649542.492.64$1,309
Oct 201653246.193.09$1,644
Sep 201651541.553.10$1,597
Aug 201645741.442.92$1,336
Jul 201650941.622.92$1,488
Jun 201649245.352.69$1,321
May 201652142.521.99$1,037
Apr 201648836.561.99$972
Mar 201652133.011.79$935
Feb 201647626.472.06$982
Jan 201653427.352.36$1,263
Dec 201552932.362.00$1,059
Nov 201552838.792.17$1,144
Oct 201555943.552.43$1,356
Sep 201553642.992.76$1,479
Aug 201556440.162.87$1,620
Jul 201556848.152.95$1,673
Jun 201557856.152.88$1,666
May 201547255.212.96$1,395
Apr 201552549.822.71$1,421
Mar 201557042.892.93$1,673
Feb 201550044.662.98$1,488
Jan 201559943.433.10$1,857
Dec 201457654.693.59$2,069
Nov 201458270.464.25$2,475
Oct 201484978.303.90$3,312
Sep 20143986.164.05$158
Aug 201433889.394.04$1,364
Jul 201458696.564.18$2,449
Jun 201454898.164.74$2,596
May 201458694.734.73$2,770
Apr 201455995.944.81$2,688
Mar 201457595.895.06$2,908
Feb 201453297.406.19$3,294
Jan 201459490.404.86$2,887
Dec 201361891.824.35$2,691
Nov 201352188.853.74$1,948
Oct 201359397.423.78$2,241
Sep 2013581104.113.72$2,160
Aug 2013592104.253.52$2,085
Jul 2013618102.523.72$2,298
Jun 201364994.403.93$2,553
May 201362094.834.15$2,572
Apr 201361893.964.28$2,647
Mar 201358393.623.91$2,281
Feb 201355191.233.42$1,884
Jan 201367391.603.42$2,302
Dec 201266386.773.42$2,268
Nov 201264386.953.62$2,331
Oct 201268389.383.40$2,322
Sep 201266594.672.92$1,941
Aug 201268492.662.91$1,989
Jul 201270185.133.02$2,118
Jun 201270079.822.52$1,763
May 201270091.612.49$1,742
Apr 2012690101.652.00$1,378
Mar 2012676105.052.22$1,502
Feb 2012607101.102.57$1,560
Jan 201270498.092.73$1,925
Dec 201160596.873.24$1,960
Nov 201169795.723.31$2,308
Oct 201175084.983.65$2,736
Sep 201173483.623.99$2,926
Aug 201176983.404.15$3,191
Jul 201173194.144.52$3,302
Jun 201176192.904.64$3,531
May 201181098.134.40$3,568
Apr 2011759105.964.33$3,289
Mar 201168796.364.06$2,787
Feb 201165785.644.18$2,746
Jan 201173686.504.59$3,377
Dec 201079185.734.35$3,439
Nov 201078480.843.80$2,976
Oct 201084078.103.51$2,947
Sep 201083072.633.98$3,303
Aug 201088173.684.42$3,893
Jul 201091972.554.74$4,353
Jun 20101,13670.364.91$5,578
May 201046771.124.24$1,978
Apr 201082681.694.12$3,405
Mar 201083378.394.39$3,656
Feb 201072873.585.44$3,962
Jan 201090374.365.96$5,386
Dec 200991671.445.48$5,023
Nov 200991474.593.75$3,429
Oct 200995772.544.11$3,934
Sep 200994665.543.06$2,899
Aug 200999067.423.22$3,186
Jul 20091,00861.133.46$3,492
Jun 20091,00766.163.90$3,922
May 20091,05954.743.93$4,157
Apr 20091,00946.773.59$3,620
Mar 20091,04142.144.06$4,225
Feb 200994432.814.63$4,374
Jan 20091,11235.865.37$5,973
Dec 20081,13737.105.98$6,796
Nov 20081,19955.496.86$8,226
Oct 20081,29275.246.92$8,943
Sep 20081,453101.767.88$11,445
Aug 20081,614114.228.48$13,692
Jul 20081,718131.0811.39$19,567
Jun 20082,052131.3313.03$26,743
May 20083,471123.1711.57$40,174
Apr 20080110.3110.45$0
Mar 20080101.909.66$0
Feb 2008092.538.77$0
Jan 20083,69790.388.21$30,337
Dec 200771488.337.30$5,214
Nov 20071,99391.677.29$14,532
Oct 2007082.856.92$0
Sep 2007075.846.24$0
Aug 2007069.066.39$0
Jul 2007070.906.39$0
Jun 2007062.007.55$0
May 2007058.747.85$0
Apr 2007059.617.81$0
Mar 2007056.927.30$0
Feb 2007055.108.22$0
Jan 2007050.306.73$0
Dec 20069056.656.92$623
Nov 200691954.207.62$7,000
Oct 20061,27154.906.01$7,644
Sep 200635860.085.04$1,803
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 199770118.193.09$2,165
Oct 19971,69519.253.15$5,339
Sep 19971,37817.742.95$4,072
Aug 19971,69517.862.55$4,330
Jul 19971,60217.582.25$3,600
Jun 19972,36417.242.26$5,336
May 19971,55618.972.31$3,592
Apr 19971,74817.882.08$3,641
Mar 19971,56218.951.94$3,029
Feb 19971,83220.492.21$4,041
Jan 19971,45523.483.54$5,150
Dec 19961,85523.32$0
Nov 19962,18921.97$0
Oct 19962,45723.31$0
Sep 19962,45722.22$0
Aug 19961,79220.26$0
Jul 19961,88219.55$0
Jun 19962,17518.73$0
May 19961,98419.43$0
Apr 19962,28521.51$0
Mar 19961,57419.38$0
Feb 19961,63816.98$0
Jan 19962,14917.07$0
Dec 19951,78917.19$0
Nov 19952,16216.00$0
Oct 19952,17315.43$0
Sep 19951,99516.18$0
Aug 19952,26815.92$0
Jul 19952,65815.24$0
Jun 19952,88716.41$0
May 19952,34017.56$0
Apr 19952,10417.73$0
Mar 19952,36216.44$0
Feb 19951,45816.58$0
Jan 19951,59115.92$0
Dec 19941,89415.03$0
Nov 19942,25515.90$0
Oct 19942,47315.58$0
Sep 19942,36215.29$0
Aug 19942,49816.13$0
Jul 19942,71717.56$0
Jun 19942,31417.09$0
May 19942,03115.88$0
Apr 19941,91914.14$0
Mar 19942,37512.46$0
Feb 19941,41912.50$0
Jan 19942,06812.66$0
Dec 19932,21812.33$0
Nov 19932,30914.49$0
Oct 19932,44015.85$0
Sep 19932,53915.03$0
Aug 19932,70215.66$0
Jul 19933,03015.46$0
Jun 19932,80216.79$0
May 19933,01817.68$0
Apr 19932,83718.05$0
Mar 19932,67918.14$0
Feb 19932,49117.90$0
Jan 19932,79416.93$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                  444 Mcf  × $  2.87 =     $1,274

────────────────────────────────────────────────────
Month total                                   $1,274

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/27087 is the state's own key, not one this site invented.