MASTERSON

Name: MASTERSON lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

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 27089District 10Field 68831200Hydrogen sulphide fieldNGPA filingGasSave Export

Value, all time

$352 k

Jan 1993 – May 2026

Value, last 12 filed months

$5 k

at the published price for each month

Months reported

401

no gaps in the span

Streams

gas

The PANHANDLE, WEST (RED CAVE) field

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.

Programme	Filings	With an approval date	Dated	Docket
NGPA	1	none	—	—

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.

Stream	Basis	Volume	Value
Gas	Production	118,662 Mcf	$351,722
Total			$351,722

34,428 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 35.5496, -101.8361. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.54956, -101.83612 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

3,231 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 3,231 ft.

Completions filed

Sep 1960

1 of 1 wells

1 well


42-37500312	B 86R	3,231 ft	Sep 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 2026	0	106.41	3.05	$0
Apr 2026	125	98.93	2.87	$359
Mar 2026	128	89.75	3.15	$403
Feb 2026	110	63.50	3.75	$413
Jan 2026	121	59.13	8.00	$968
Dec 2025	125	56.66	4.41	$552
Nov 2025	122	58.59	3.93	$479
Oct 2025	128	59.38	3.30	$423
Sep 2025	124	62.74	3.08	$382
Aug 2025	121	63.93	3.01	$365
Jul 2025	134	66.74	3.32	$444
Jun 2025	115	66.48	3.13	$360
May 2025	133	60.55	3.23	$430
Apr 2025	122	62.36	3.54	$432
Mar 2025	112	67.70	4.27	$478
Feb 2025	107	70.88	4.34	$464
Jan 2025	117	74.32	4.28	$501
Dec 2024	121	68.99	3.12	$378
Nov 2024	118	69.05	2.20	$259
Oct 2024	122	71.37	2.28	$278
Sep 2024	118	69.61	2.36	$279
Aug 2024	123	75.63	2.06	$254
Jul 2024	129	79.93	2.15	$277
Jun 2024	126	78.08	2.63	$332
May 2024	136	78.81	2.20	$299
Apr 2024	130	84.45	1.66	$216
Mar 2024	130	80.30	1.55	$201
Feb 2024	119	76.09	1.78	$212
Jan 2024	123	73.02	3.30	$406
Dec 2023	130	71.26	2.61	$339
Nov 2023	126	77.89	2.81	$354
Oct 2023	131	85.44	3.09	$404
Sep 2023	125	89.04	2.74	$342
Aug 2023	134	80.52	2.67	$358
Jul 2023	100	74.85	2.64	$264
Jun 2023	146	68.96	2.26	$330
May 2023	156	70.62	2.23	$347
Apr 2023	147	78.12	2.24	$329
Mar 2023	144	72.85	2.39	$345
Feb 2023	119	75.11	2.47	$293
Jan 2023	139	76.53	3.39	$471
Dec 2022	137	76.41	5.73	$785
Nov 2022	133	85.00	5.65	$751
Oct 2022	140	87.18	5.86	$821
Sep 2022	137	84.88	8.16	$1,118
Aug 2022	142	94.52	9.13	$1,296
Jul 2022	144	101.58	7.54	$1,086
Jun 2022	148	115.09	7.98	$1,181
May 2022	133	109.37	8.43	$1,122
Apr 2022	145	104.22	6.84	$991
Mar 2022	145	108.88	5.08	$736
Feb 2022	122	91.05	4.86	$593
Jan 2022	142	81.84	4.54	$644
Dec 2021	141	71.32	3.90	$550
Nov 2021	137	77.43	5.24	$717
Oct 2021	144	79.79	5.71	$823
Sep 2021	140	69.86	5.35	$749
Aug 2021	149	66.02	4.22	$629
Jul 2021	150	70.78	3.98	$597
Jun 2021	160	69.49	3.38	$541
May 2021	181	63.48	3.02	$546
Apr 2021	107	60.36	2.76	$295
Mar 2021	166	61.30	2.72	$451
Feb 2021	75	57.80	5.55	$416
Jan 2021	0	50.41	2.81	$0
Dec 2020	150	44.64	2.68	$401
Nov 2020	140	38.77	2.71	$379
Oct 2020	141	36.97	2.48	$349
Sep 2020	137	37.09	1.99	$273
Aug 2020	140	39.98	2.39	$334
Jul 2020	112	38.37	1.83	$204
Jun 2020	152	34.90	1.69	$257
May 2020	155	16.92	1.81	$281
Apr 2020	138	14.75	1.80	$249
Mar 2020	139	30.34	1.86	$258
Feb 2020	124	49.88	1.98	$246
Jan 2020	127	57.25	2.09	$266
Dec 2019	0	59.01	2.30	$0
Nov 2019	136	55.30	2.75	$374
Oct 2019	139	53.47	2.42	$336
Sep 2019	139	55.05	2.66	$369
Aug 2019	139	53.11	2.30	$320
Jul 2019	159	56.27	2.46	$391
Jun 2019	163	52.78	2.49	$406
May 2019	163	58.48	2.74	$447
Apr 2019	157	62.63	2.75	$432
Mar 2019	156	56.80	3.06	$478
Feb 2019	134	50.85	2.79	$374
Jan 2019	141	46.03	3.23	$455
Dec 2018	152	46.59	4.19	$636
Nov 2018	148	52.93	4.24	$627
Oct 2018	164	61.44	3.40	$557
Sep 2018	162	59.54	3.11	$504
Aug 2018	186	59.40	3.07	$570
Jul 2018	196	65.14	2.93	$575
Jun 2018	223	60.18	3.08	$686
May 2018	118	65.38	2.90	$342
Apr 2018	191	63.84	2.90	$554
Mar 2018	78	61.22	2.79	$217
Feb 2018	155	61.78	2.77	$429
Jan 2018	178	62.87	4.01	$714
Dec 2017	196	57.27	2.92	$573
Nov 2017	220	55.42	3.12	$686
Oct 2017	129	49.29	2.98	$385
Sep 2017	108	47.52	3.09	$333
Aug 2017	235	45.37	3.00	$706
Jul 2017	74	43.87	3.09	$228
Jun 2017	187	42.49	3.09	$577
May 2017	200	45.37	3.26	$653
Apr 2017	187	47.93	3.21	$601
Mar 2017	194	46.77	2.98	$579
Feb 2017	167	50.45	2.95	$493
Jan 2017	183	49.41	3.42	$626
Dec 2016	182	48.76	3.72	$678
Nov 2016	192	42.49	2.64	$508
Oct 2016	217	46.19	3.09	$671
Sep 2016	110	41.55	3.10	$341
Aug 2016	171	41.44	2.92	$500
Jul 2016	178	41.62	2.92	$521
Jun 2016	189	45.35	2.69	$508
May 2016	190	42.52	1.99	$378
Apr 2016	187	36.56	1.99	$372
Mar 2016	211	33.01	1.79	$379
Feb 2016	187	26.47	2.06	$386
Jan 2016	198	27.35	2.36	$468
Dec 2015	205	32.36	2.00	$410
Nov 2015	203	38.79	2.17	$440
Oct 2015	214	43.55	2.43	$519
Sep 2015	205	42.99	2.76	$565
Aug 2015	213	40.16	2.87	$612
Jul 2015	242	48.15	2.95	$713
Jun 2015	246	56.15	2.88	$709
May 2015	138	55.21	2.96	$408
Apr 2015	222	49.82	2.71	$601
Mar 2015	218	42.89	2.93	$640
Feb 2015	185	44.66	2.98	$551
Jan 2015	216	43.43	3.10	$670
Dec 2014	226	54.69	3.59	$812
Nov 2014	230	70.46	4.25	$978
Oct 2014	241	78.30	3.90	$940
Sep 2014	108	86.16	4.05	$437
Aug 2014	165	89.39	4.04	$666
Jul 2014	229	96.56	4.18	$957
Jun 2014	228	98.16	4.74	$1,080
May 2014	235	94.73	4.73	$1,111
Apr 2014	200	95.94	4.81	$962
Mar 2014	214	95.89	5.06	$1,082
Feb 2014	191	97.40	6.19	$1,183
Jan 2014	203	90.40	4.86	$987
Dec 2013	211	91.82	4.35	$919
Nov 2013	219	88.85	3.74	$819
Oct 2013	238	97.42	3.78	$899
Sep 2013	231	104.11	3.72	$859
Aug 2013	246	104.25	3.52	$867
Jul 2013	251	102.52	3.72	$933
Jun 2013	258	94.40	3.93	$1,015
May 2013	180	94.83	4.15	$747
Apr 2013	242	93.96	4.28	$1,036
Mar 2013	248	93.62	3.91	$970
Feb 2013	223	91.23	3.42	$763
Jan 2013	247	91.60	3.42	$845
Dec 2012	260	86.77	3.42	$889
Nov 2012	266	86.95	3.62	$964
Oct 2012	238	89.38	3.40	$809
Sep 2012	251	94.67	2.92	$733
Aug 2012	273	92.66	2.91	$794
Jul 2012	286	85.13	3.02	$864
Jun 2012	277	79.82	2.52	$698
May 2012	278	91.61	2.49	$692
Apr 2012	283	101.65	2.00	$565
Mar 2012	295	105.05	2.22	$656
Feb 2012	274	101.10	2.57	$704
Jan 2012	294	98.09	2.73	$804
Dec 2011	301	96.87	3.24	$975
Nov 2011	310	95.72	3.31	$1,027
Oct 2011	337	84.98	3.65	$1,230
Sep 2011	332	83.62	3.99	$1,323
Aug 2011	345	83.40	4.15	$1,432
Jul 2011	353	94.14	4.52	$1,595
Jun 2011	389	92.90	4.64	$1,805
May 2011	427	98.13	4.40	$1,881
Apr 2011	406	105.96	4.33	$1,759
Mar 2011	178	96.36	4.06	$722
Feb 2011	67	85.64	4.18	$280
Jan 2011	229	86.50	4.59	$1,051
Dec 2010	296	85.73	4.35	$1,287
Nov 2010	46	80.84	3.80	$175
Oct 2010	80	78.10	3.51	$281
Sep 2010	132	72.63	3.98	$525
Aug 2010	219	73.68	4.42	$968
Jul 2010	216	72.55	4.74	$1,023
Jun 2010	184	70.36	4.91	$904
May 2010	183	71.12	4.24	$775
Apr 2010	197	81.69	4.12	$812
Mar 2010	198	78.39	4.39	$869
Feb 2010	170	73.58	5.44	$925
Jan 2010	198	74.36	5.96	$1,181
Dec 2009	197	71.44	5.48	$1,080
Nov 2009	207	74.59	3.75	$777
Oct 2009	219	72.54	4.11	$900
Sep 2009	211	65.54	3.06	$647
Aug 2009	238	67.42	3.22	$766
Jul 2009	262	61.13	3.46	$908
Jun 2009	111	66.16	3.90	$432
May 2009	221	54.74	3.93	$868
Apr 2009	222	46.77	3.59	$796
Mar 2009	222	42.14	4.06	$901
Feb 2009	205	32.81	4.63	$950
Jan 2009	220	35.86	5.37	$1,182
Dec 2008	212	37.10	5.98	$1,267
Nov 2008	221	55.49	6.86	$1,516
Oct 2008	236	75.24	6.92	$1,634
Sep 2008	237	101.76	7.88	$1,867
Aug 2008	253	114.22	8.48	$2,146
Jul 2008	260	131.08	11.39	$2,961
Jun 2008	257	131.33	13.03	$3,349
May 2008	261	123.17	11.57	$3,021
Apr 2008	227	110.31	10.45	$2,373
Mar 2008	229	101.90	9.66	$2,213
Feb 2008	210	92.53	8.77	$1,842
Jan 2008	232	90.38	8.21	$1,904
Dec 2007	231	88.33	7.30	$1,687
Nov 2007	234	91.67	7.29	$1,706
Oct 2007	262	82.85	6.92	$1,814
Sep 2007	286	75.84	6.24	$1,786
Aug 2007	301	69.06	6.39	$1,923
Jul 2007	335	70.90	6.39	$2,140
Jun 2007	350	62.00	7.55	$2,642
May 2007	358	58.74	7.85	$2,809
Apr 2007	348	59.61	7.81	$2,716
Mar 2007	363	56.92	7.30	$2,651
Feb 2007	326	55.10	8.22	$2,678
Jan 2007	353	50.30	6.73	$2,375
Dec 2006	427	56.65	6.92	$2,954
Nov 2006	393	54.20	7.62	$2,994
Oct 2006	498	54.90	6.01	$2,995
Sep 2006	516	60.08	5.04	$2,599
Aug 2006	548	68.71	7.34	$4,022
Jul 2006	847	69.37	6.34	$5,372
Jun 2006	75	66.28	6.38	$479
May 2006	497	66.01	6.42	$3,193
Apr 2006	200	64.39	7.36	$1,472
Mar 2006	176	56.70	7.08	$1,247
Feb 2006	174	57.59	7.75	$1,349
Jan 2006	174	60.59	8.93	$1,554
Dec 2005	123	54.94	13.42	$1,650
Nov 2005	282	54.69	10.59	$2,986
Oct 2005	278	58.34	13.80	$3,835
Sep 2005	178	61.45	12.08	$2,150
Aug 2005	338	61.51	9.80	$3,311
Jul 2005	199	55.69	7.84	$1,561
Jun 2005	1	52.33	7.38	$7
May 2005	80	45.22	6.65	$532
Apr 2005	317	49.20	7.36	$2,333
Mar 2005	261	50.37	7.15	$1,867
Feb 2005	222	45.22	6.31	$1,401
Jan 2005	13	43.16	6.32	$82
Dec 2004	35	39.86	6.75	$236
Nov 2004	79	45.28	6.33	$500
Oct 2004	109	49.70	6.52	$710
Sep 2004	240	43.24	5.28	$1,268
Aug 2004	187	42.37	5.55	$1,038
Jul 2004	243	38.28	6.08	$1,478
Jun 2004	350	36.10	6.43	$2,252
May 2004	377	37.48	6.49	$2,448
Apr 2004	213	34.47	5.86	$1,248
Mar 2004	271	34.36	5.53	$1,499
Feb 2004	32	32.45	5.51	$176
Jan 2004	68	32.03	6.30	$428
Dec 2003	88	30.26	6.30	$555
Nov 2003	309	28.80	4.60	$1,420
Oct 2003	208	28.17	4.76	$990
Sep 2003	214	26.31	4.75	$1,016
Aug 2003	333	29.76	5.13	$1,708
Jul 2003	310	29.41	5.17	$1,603
Jun 2003	357	28.56	5.98	$2,136
May 2003	300	26.59	5.97	$1,792
Apr 2003	381	26.67	5.41	$2,060
Mar 2003	168	31.14	6.10	$1,024
Feb 2003	301	33.48	7.93	$2,386
Jan 2003	264	30.31	5.58	$1,474
Dec 2002	409	26.91	4.85	$1,985
Nov 2002	386	24.66	4.14	$1,597
Oct 2002	403	26.46	4.23	$1,704
Sep 2002	355	27.44	3.64	$1,291
Aug 2002	380	25.96	3.16	$1,202
Jul 2002	327	24.58	3.06	$1,001
Jun 2002	322	23.73	3.34	$1,075
May 2002	484	24.66	3.58	$1,735
Apr 2002	145	23.65	3.51	$509
Mar 2002	233	22.00	3.10	$723
Feb 2002	145	18.22	2.38	$344
Jan 2002	369	17.17	2.38	$877
Dec 2001	443	16.93	2.36	$1,047
Nov 2001	493	18.07	2.41	$1,186
Oct 2001	512	19.78	2.53	$1,295
Sep 2001	462	24.26	2.25	$1,040
Aug 2001	474	24.87	3.05	$1,447
Jul 2001	441	23.93	3.20	$1,410
Jun 2001	499	24.56	3.82	$1,908
May 2001	345	25.52	4.31	$1,486
Apr 2001	228	24.68	5.34	$1,216
Mar 2001	38	24.54	5.38	$204
Feb 2001	104	27.75	5.77	$600
Jan 2001	41	27.47	8.40	$344
Dec 2000	87	26.88	9.12	$794
Nov 2000	408	32.21	5.66	$2,308
Oct 2000	515	31.23	5.15	$2,650
Sep 2000	566	31.87	5.19	$2,936
Aug 2000	521	29.64	4.54	$2,366
Jul 2000	173	28.53	4.09	$708
Jun 2000	356	29.30	4.40	$1,565
May 2000	405	27.26	3.68	$1,490
Apr 2000	302	24.51	3.12	$941
Mar 2000	430	28.42	2.86	$1,230
Feb 2000	131	27.62	2.73	$357
Jan 2000	428	25.27	2.48	$1,062
Dec 1999	399	24.28	2.42	$967
Nov 1999	435	23.19	2.43	$1,059
Oct 1999	462	20.98	2.80	$1,295
Sep 1999	475	21.75	2.62	$1,244
Aug 1999	488	19.26	2.88	$1,403
Jul 1999	498	17.89	2.37	$1,181
Jun 1999	467	15.94	2.36	$1,103
May 1999	735	15.79	2.32	$1,706
Apr 1999	214	15.10	2.21	$473
Mar 1999	158	12.47	1.84	$290
Feb 1999	218	9.98	1.82	$396
Jan 1999	297	10.38	1.90	$564
Dec 1998	326	9.20	1.77	$578
Nov 1998	404	10.89	2.19	$883
Oct 1998	414	12.42	1.97	$815
Sep 1998	314	12.59	2.08	$654
Aug 1998	476	11.30	1.91	$908
Jul 1998	325	11.74	2.24	$727
Jun 1998	222	11.24	2.24	$497
May 1998	574	12.62	2.21	$1,266
Apr 1998	199	13.04	2.51	$499
Mar 1998	364	12.80	2.31	$841
Feb 1998	572	13.95	2.30	$1,315
Jan 1998	327	14.70	2.15	$705
Dec 1997	577	16.32	2.41	$1,391
Nov 1997	421	18.19	3.09	$1,300
Oct 1997	453	19.25	3.15	$1,427
Sep 1997	513	17.74	2.95	$1,516
Aug 1997	588	17.86	2.55	$1,502
Jul 1997	515	17.58	2.25	$1,157
Jun 1997	689	17.24	2.26	$1,555
May 1997	668	18.97	2.31	$1,542
Apr 1997	485	17.88	2.08	$1,010
Mar 1997	554	18.95	1.94	$1,074
Feb 1997	526	20.49	2.21	$1,160
Jan 1997	534	23.48	3.54	$1,890
Dec 1996	529	23.32	—	$0
Nov 1996	480	21.97	—	$0
Oct 1996	551	23.31	—	$0
Sep 1996	373	22.22	—	$0
Aug 1996	446	20.26	—	$0
Jul 1996	597	19.55	—	$0
Jun 1996	687	18.73	—	$0
May 1996	645	19.43	—	$0
Apr 1996	785	21.51	—	$0
Mar 1996	680	19.38	—	$0
Feb 1996	676	16.98	—	$0
Jan 1996	780	17.07	—	$0
Dec 1995	650	17.19	—	$0
Nov 1995	689	16.00	—	$0
Oct 1995	792	15.43	—	$0
Sep 1995	533	16.18	—	$0
Aug 1995	495	15.92	—	$0
Jul 1995	582	15.24	—	$0
Jun 1995	689	16.41	—	$0
May 1995	639	17.56	—	$0
Apr 1995	970	17.73	—	$0
Mar 1995	640	16.44	—	$0
Feb 1995	508	16.58	—	$0
Jan 1995	638	15.92	—	$0
Dec 1994	710	15.03	—	$0
Nov 1994	768	15.90	—	$0
Oct 1994	939	15.58	—	$0
Sep 1994	856	15.29	—	$0
Aug 1994	844	16.13	—	$0
Jul 1994	999	17.56	—	$0
Jun 1994	588	17.09	—	$0
May 1994	530	15.88	—	$0
Apr 1994	728	14.14	—	$0
Mar 1994	716	12.46	—	$0
Feb 1994	814	12.50	—	$0
Jan 1994	981	12.66	—	$0
Dec 1993	1,089	12.33	—	$0
Nov 1993	557	14.49	—	$0
Oct 1993	594	15.85	—	$0
Sep 1993	710	15.03	—	$0
Aug 1993	836	15.66	—	$0
Jul 1993	895	15.46	—	$0
Jun 1993	810	16.79	—	$0
May 1993	976	17.68	—	$0
Apr 1993	917	18.05	—	$0
Mar 1993	804	18.14	—	$0
Feb 1993	793	17.90	—	$0
Jan 1993	920	16.93	—	$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                  125 Mcf  × $  2.87 =       $359

────────────────────────────────────────────────────
Month total                                     $359

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/27089 is the state's own key, not one this site invented.