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 27090District 10Field 68831200Hydrogen sulphide fieldNGPA filingGasSaveExport
Value, all time
$605 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
GasProduction188,086 Mcf$605,395
Total$605,395

40,354 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 35.5257, -101.8080. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.52570, -101.80795 · 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
3,095 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 3,095 ft.

Completions filed
Sep 1960
1 of 1 wells

1 well

42-37500126B 87R3,095 ftSep 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 202628398.932.87$812
Mar 202629789.753.15$935
Feb 202626763.503.75$1,001
Jan 202629759.138.00$2,375
Dec 202529756.664.41$1,311
Nov 202528258.593.93$1,107
Oct 202529059.383.30$958
Sep 202528362.743.08$871
Aug 202528763.933.01$865
Jul 202529866.743.32$988
Jun 202529266.483.13$914
May 202530760.553.23$992
Apr 202529962.363.54$1,059
Mar 202531967.704.27$1,362
Feb 202521970.884.34$951
Jan 202531374.324.28$1,339
Dec 202431268.993.12$974
Nov 202429369.052.20$644
Oct 202429671.372.28$675
Sep 202428569.612.36$674
Aug 202429475.632.06$607
Jul 202430179.932.15$646
Jun 202429578.082.63$777
May 202430878.812.20$677
Apr 202430584.451.66$506
Mar 202431980.301.55$493
Feb 202429976.091.78$533
Jan 202431273.023.30$1,029
Dec 202331771.262.61$828
Nov 202329977.892.81$839
Oct 202330385.443.09$935
Sep 202329789.042.74$812
Aug 202331180.522.67$831
Jul 202314774.852.64$388
Jun 202318768.962.26$422
May 202319870.622.23$441
Apr 202319878.122.24$443
Mar 202320772.852.39$495
Feb 202318775.112.47$461
Jan 202320476.533.39$691
Dec 202220676.415.73$1,180
Nov 202218985.005.65$1,067
Oct 202218687.185.86$1,091
Sep 202218084.888.16$1,469
Aug 202218894.529.13$1,716
Jul 2022190101.587.54$1,433
Jun 2022223115.097.98$1,779
May 2022259109.378.43$2,184
Apr 2022259104.226.84$1,771
Mar 2022266108.885.08$1,350
Feb 202224491.054.86$1,186
Jan 202226881.844.54$1,216
Dec 202126471.323.90$1,029
Nov 202125477.435.24$1,330
Oct 202126979.795.71$1,537
Sep 202130869.865.35$1,648
Aug 202113266.024.22$557
Jul 202126670.783.98$1,059
Jun 202126369.493.38$889
May 202128663.483.02$863
Apr 202119060.362.76$524
Mar 202131761.302.72$861
Feb 202113257.805.55$732
Jan 202126750.412.81$750
Dec 202026844.642.68$717
Nov 202026838.772.71$725
Oct 202023436.972.48$580
Sep 202024837.091.99$494
Aug 202025839.982.39$615
Jul 202026138.371.83$476
Jun 202025534.901.69$431
May 202027016.921.81$490
Apr 202026514.751.80$478
Mar 202029030.341.86$538
Feb 202025049.881.98$495
Jan 202025157.252.09$526
Dec 2019059.012.30$0
Nov 201924855.302.75$682
Oct 201925753.472.42$622
Sep 201921655.052.66$574
Aug 2019053.112.30$0
Jul 201919156.272.46$470
Jun 2019052.782.49$0
May 2019058.482.74$0
Apr 2019062.632.75$0
Mar 20195456.803.06$165
Feb 2019050.852.79$0
Jan 2019046.033.23$0
Dec 2018046.594.19$0
Nov 2018052.934.24$0
Oct 201835961.443.40$1,220
Sep 201844459.543.11$1,380
Aug 201850359.403.07$1,542
Jul 201863565.142.93$1,862
Jun 2018660.183.08$18
May 201821865.382.90$632
Apr 201834363.842.90$995
Mar 2018061.222.79$0
Feb 201819661.782.77$542
Jan 201823562.874.01$942
Dec 201737457.272.92$1,093
Nov 201746255.423.12$1,441
Oct 201731249.292.98$931
Sep 201723847.523.09$735
Aug 201736745.373.00$1,103
Jul 201729943.873.09$923
Jun 201739342.493.09$1,213
May 201742045.373.26$1,371
Apr 201741247.933.21$1,323
Mar 201742646.772.98$1,271
Feb 201738950.452.95$1,149
Jan 201744749.413.42$1,528
Dec 201642748.763.72$1,590
Nov 201647342.492.64$1,251
Oct 201638346.193.09$1,184
Sep 2016041.553.10$0
Aug 201638041.442.92$1,111
Jul 201641441.622.92$1,211
Jun 201640245.352.69$1,080
May 201642542.521.99$846
Apr 201641136.561.99$818
Mar 201643733.011.79$784
Feb 201638526.472.06$795
Jan 201642927.352.36$1,014
Dec 201542932.362.00$859
Nov 201541738.792.17$904
Oct 201543643.552.43$1,058
Sep 201542542.992.76$1,172
Aug 201543940.162.87$1,261
Jul 201544848.152.95$1,319
Jun 201546456.152.88$1,338
May 201531655.212.96$934
Apr 201542649.822.71$1,153
Mar 201544942.892.93$1,318
Feb 201538644.662.98$1,149
Jan 201544543.433.10$1,380
Dec 201444754.693.59$1,605
Nov 201440870.464.25$1,735
Oct 201447478.303.90$1,849
Sep 201422686.164.05$914
Aug 201432989.394.04$1,328
Jul 201443596.564.18$1,818
Jun 201441498.164.74$1,961
May 201442594.734.73$2,009
Apr 201442895.944.81$2,058
Mar 201445595.895.06$2,301
Feb 201438697.406.19$2,390
Jan 201444290.404.86$2,148
Dec 201343591.824.35$1,894
Nov 201341388.853.74$1,544
Oct 201336397.423.78$1,372
Sep 2013354104.113.72$1,316
Aug 2013365104.253.52$1,286
Jul 2013368102.523.72$1,368
Jun 201336694.403.93$1,440
May 201331994.834.15$1,324
Apr 201336193.964.28$1,546
Mar 201337793.623.91$1,475
Feb 201334491.233.42$1,176
Jan 201337591.603.42$1,282
Dec 201237486.773.42$1,279
Nov 201236386.953.62$1,316
Oct 201237989.383.40$1,288
Sep 201237194.672.92$1,083
Aug 201240892.662.91$1,187
Jul 201241585.133.02$1,254
Jun 201240579.822.52$1,020
May 201240491.612.49$1,005
Apr 2012406101.652.00$811
Mar 2012419105.052.22$931
Feb 2012393101.102.57$1,010
Jan 201241098.092.73$1,121
Dec 201139996.873.24$1,293
Nov 201139495.723.31$1,305
Oct 201143584.983.65$1,587
Sep 201145483.623.99$1,810
Aug 201146783.404.15$1,938
Jul 201143994.144.52$1,983
Jun 201142992.904.64$1,991
May 201143898.134.40$1,929
Apr 2011452105.964.33$1,959
Mar 201146396.364.06$1,879
Feb 201140685.644.18$1,697
Jan 201145686.504.59$2,092
Dec 201044885.734.35$1,948
Nov 201043980.843.80$1,666
Oct 201045878.103.51$1,607
Sep 201043872.633.98$1,743
Aug 201045873.684.42$2,024
Jul 201046672.554.74$2,207
Jun 201045070.364.91$2,210
May 201045271.124.24$1,914
Apr 201041581.694.12$1,711
Mar 201030378.394.39$1,330
Feb 201029273.585.44$1,589
Jan 201031074.365.96$1,849
Dec 200932771.445.48$1,793
Nov 200930074.593.75$1,125
Oct 200927772.544.11$1,139
Sep 200925065.543.06$766
Aug 200926167.423.22$840
Jul 200926961.133.46$932
Jun 200926266.163.90$1,020
May 200928954.743.93$1,135
Apr 200927546.773.59$987
Mar 200926742.144.06$1,084
Feb 200925532.814.63$1,181
Jan 200925235.865.37$1,353
Dec 200826737.105.98$1,596
Nov 200826755.496.86$1,832
Oct 200825775.246.92$1,779
Sep 2008263101.767.88$2,072
Aug 2008269114.228.48$2,282
Jul 2008257131.0811.39$2,927
Jun 2008251131.3313.03$3,271
May 2008253123.1711.57$2,928
Apr 2008275110.3110.45$2,875
Mar 2008454101.909.66$4,387
Feb 200844992.538.77$3,938
Jan 200836390.388.21$2,979
Dec 200732788.337.30$2,388
Nov 200732191.677.29$2,341
Oct 200730582.856.92$2,111
Sep 200728675.846.24$1,786
Aug 200727369.066.39$1,744
Jul 200727470.906.39$1,750
Jun 200726962.007.55$2,031
May 200728258.747.85$2,213
Apr 200743359.617.81$3,380
Mar 200746756.927.30$3,410
Feb 200737655.108.22$3,089
Jan 200734950.306.73$2,348
Dec 200631156.656.92$2,152
Nov 200632154.207.62$2,445
Oct 200637554.906.01$2,255
Sep 200631760.085.04$1,597
Aug 200633068.717.34$2,422
Jul 200635069.376.34$2,220
Jun 200634666.286.38$2,209
May 200634266.016.42$2,197
Apr 200651964.397.36$3,820
Mar 200644756.707.08$3,166
Feb 200648757.597.75$3,775
Jan 200636260.598.93$3,234
Dec 200536554.9413.42$4,897
Nov 200551154.6910.59$5,411
Oct 200547458.3413.80$6,539
Sep 200552961.4512.08$6,390
Aug 200558661.519.80$5,741
Jul 200554055.697.84$4,236
Jun 2005952.337.38$66
May 200523745.226.65$1,576
Apr 200548849.207.36$3,592
Mar 200549650.377.15$3,549
Feb 200544945.226.31$2,834
Jan 200550843.166.32$3,212
Dec 200452639.866.75$3,551
Nov 200451645.286.33$3,267
Oct 200454149.706.52$3,525
Sep 200450743.245.28$2,679
Aug 200454842.375.55$3,042
Jul 200455038.286.08$3,346
Jun 200454436.106.43$3,500
May 200453837.486.49$3,494
Apr 200451634.475.86$3,023
Mar 200452734.365.53$2,914
Feb 200449432.455.51$2,722
Jan 200454432.036.30$3,427
Dec 200356930.266.30$3,586
Nov 200357428.804.60$2,638
Oct 200359528.174.76$2,832
Sep 200356026.314.75$2,660
Aug 200360729.765.13$3,114
Jul 200368329.415.17$3,532
Jun 200371028.565.98$4,248
May 200377126.595.97$4,605
Apr 200367026.675.41$3,623
Mar 2003031.146.10$0
Feb 2003033.487.93$0
Jan 20039930.315.58$553
Dec 200259926.914.85$2,907
Nov 200260624.664.14$2,507
Oct 200266026.464.23$2,791
Sep 200265827.443.64$2,392
Aug 200268225.963.16$2,158
Jul 200267924.583.06$2,079
Jun 200266023.733.34$2,203
May 200268224.663.58$2,444
Apr 200265123.653.51$2,287
Mar 200258722.003.10$1,821
Feb 200258118.222.38$1,380
Jan 200260317.172.38$1,433
Dec 200170316.932.36$1,662
Nov 200173118.072.41$1,758
Oct 200175919.782.53$1,919
Sep 200174324.262.25$1,673
Aug 200174824.873.05$2,284
Jul 200166723.933.20$2,132
Jun 200175524.563.82$2,887
May 200174825.524.31$3,222
Apr 200162524.685.34$3,335
Mar 200162624.545.38$3,366
Feb 200159727.755.77$3,443
Jan 200167527.478.40$5,669
Dec 200070926.889.12$6,468
Nov 200059432.215.66$3,361
Oct 200081331.235.15$4,183
Sep 200076231.875.19$3,952
Aug 200088129.644.54$4,000
Jul 200075528.534.09$3,088
Jun 200076729.304.40$3,373
May 200084827.263.68$3,120
Apr 200063524.513.12$1,979
Mar 200075728.422.86$2,165
Feb 200067927.622.73$1,851
Jan 200073025.272.48$1,811
Dec 199973924.282.42$1,791
Nov 199982523.192.43$2,008
Oct 199975620.982.80$2,120
Sep 199980321.752.62$2,103
Aug 199984719.262.88$2,436
Jul 199985317.892.37$2,024
Jun 199982315.942.36$1,944
May 199973315.792.32$1,701
Apr 199963515.102.21$1,402
Mar 199984912.471.84$1,561
Feb 19997729.981.82$1,403
Jan 199971510.381.90$1,358
Dec 19988269.201.77$1,465
Nov 199870110.892.19$1,532
Oct 199877112.421.97$1,518
Sep 199887212.592.08$1,816
Aug 199870411.301.91$1,343
Jul 199883511.742.24$1,868
Jun 199877911.242.24$1,743
May 199865412.622.21$1,443
Apr 199876813.042.51$1,924
Mar 199878712.802.31$1,818
Feb 199875813.952.30$1,743
Jan 199884114.702.15$1,812
Dec 199790716.322.41$2,187
Nov 199770318.193.09$2,171
Oct 199780119.253.15$2,523
Sep 199786817.742.95$2,565
Aug 199791117.862.55$2,327
Jul 199793817.582.25$2,108
Jun 199776417.242.26$1,725
May 199791018.972.31$2,101
Apr 199787217.882.08$1,816
Mar 199762018.951.94$1,202
Feb 199721120.492.21$465
Jan 199773223.483.54$2,591
Dec 199678723.32$0
Nov 199684821.97$0
Oct 199692823.31$0
Sep 199686522.22$0
Aug 199678020.26$0
Jul 199683719.55$0
Jun 199629818.73$0
May 199693219.43$0
Apr 199689221.51$0
Mar 199688319.38$0
Feb 199686716.98$0
Jan 199688117.07$0
Dec 19951,01717.19$0
Nov 199599616.00$0
Oct 19951,03215.43$0
Sep 199578616.18$0
Aug 199554215.92$0
Jul 199549315.24$0
Jun 19951,01516.41$0
May 199572717.56$0
Apr 199593917.73$0
Mar 199568916.44$0
Feb 199572816.58$0
Jan 199587315.92$0
Dec 199488415.03$0
Nov 199488115.90$0
Oct 199493615.58$0
Sep 199489515.29$0
Aug 199489216.13$0
Jul 199490717.56$0
Jun 199471617.09$0
May 199483115.88$0
Apr 199485914.14$0
Mar 199483512.46$0
Feb 199479212.50$0
Jan 199484012.66$0
Dec 199385612.33$0
Nov 199383714.49$0
Oct 199379215.85$0
Sep 199385715.03$0
Aug 199389715.66$0
Jul 199392315.46$0
Jun 199387516.79$0
May 199382517.68$0
Apr 199390618.05$0
Mar 199387518.14$0
Feb 199387017.90$0
Jan 199393816.93$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                  283 Mcf  × $  2.87 =       $812

────────────────────────────────────────────────────
Month total                                     $812

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/27090 is the state's own key, not one this site invented.