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 27092District 10Field 68831200Hydrogen sulphide fieldGasSaveExport
Value, all time
$5.7 M
Jan 1993 – May 2026
Value, last 12 filed months
$60 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
GasProduction1,745,036 Mcf$5,744,127
Total$5,744,127

475,806 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 35.5572, -101.8894. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.55718, -101.88938 · 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
no depth filed
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.

Completions filed
May 1962
1 of 1 wells

1 well

42-37500474D 4RMay 1962

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 20261,40398.932.87$4,026
Mar 20261,45689.753.15$4,586
Feb 20261,31363.503.75$4,924
Jan 20261,43659.138.00$11,485
Dec 20251,44556.664.41$6,377
Nov 20251,40458.593.93$5,513
Oct 20251,46559.383.30$4,842
Sep 20251,43062.743.08$4,400
Aug 20251,37863.933.01$4,154
Jul 20251,49466.743.32$4,953
Jun 20251,45266.483.13$4,543
May 20251,44460.553.23$4,667
Apr 20251,35862.363.54$4,812
Mar 20251,22967.704.27$5,246
Feb 20251,33870.884.34$5,808
Jan 20251,48874.324.28$6,367
Dec 20241,49768.993.12$4,673
Nov 20241,47769.052.20$3,247
Oct 20241,43571.372.28$3,274
Sep 20241,33669.612.36$3,159
Aug 20241,40175.632.06$2,891
Jul 202485679.932.15$1,837
Jun 20241,25078.082.63$3,292
May 20241,28978.812.20$2,834
Apr 20241,24884.451.66$2,071
Mar 20241,28880.301.55$1,990
Feb 20241,20376.091.78$2,146
Jan 20241,28773.023.30$4,244
Dec 20231,31171.262.61$3,423
Nov 20231,26577.892.81$3,552
Oct 20231,31385.443.09$4,054
Sep 20231,28089.042.74$3,501
Aug 20231,32480.522.67$3,539
Jul 202366774.852.64$1,762
Jun 20231,27068.962.26$2,868
May 20231,30270.622.23$2,900
Apr 20231,28378.122.24$2,871
Mar 20231,33672.852.39$3,197
Feb 20231,21275.112.47$2,988
Jan 20231,31576.533.39$4,455
Dec 20221,21876.415.73$6,978
Nov 20221,24085.005.65$7,001
Oct 20221,25987.185.86$7,382
Sep 20221,27884.888.16$10,433
Aug 20221,34994.529.13$12,313
Jul 20221,358101.587.54$10,242
Jun 20221,299115.097.98$10,362
May 20221,322109.378.43$11,148
Apr 20221,292104.226.84$8,834
Mar 20221,367108.885.08$6,939
Feb 20221,17391.054.86$5,699
Jan 202290281.844.54$4,093
Dec 20211,37771.323.90$5,369
Nov 20211,18477.435.24$6,200
Oct 20211,39879.795.71$7,988
Sep 20211,03969.865.35$5,560
Aug 20211,38066.024.22$5,824
Jul 20211,38570.783.98$5,515
Jun 20211,29669.493.38$4,381
May 20211,34663.483.02$4,062
Apr 202169860.362.76$1,925
Mar 20211,25461.302.72$3,407
Feb 202163957.805.55$3,545
Jan 20211,30650.412.81$3,670
Dec 20201,30644.642.68$3,494
Nov 20201,19338.772.71$3,229
Oct 20201,14436.972.48$2,835
Sep 20201,25437.091.99$2,497
Aug 20201,28639.982.39$3,067
Jul 20201,30438.371.83$2,380
Jun 20201,25634.901.69$2,123
May 20201,29416.921.81$2,348
Apr 20201,28714.751.80$2,322
Mar 20201,24730.341.86$2,315
Feb 20201,21649.881.98$2,408
Jan 20201,37057.252.09$2,870
Dec 2019059.012.30$0
Nov 20191,35555.302.75$3,727
Oct 20191,43853.472.42$3,478
Sep 20191,41755.052.66$3,765
Aug 2019053.112.30$0
Jul 20191,28756.272.46$3,166
Jun 20192,14352.782.49$5,339
May 20192,32358.482.74$6,366
Apr 20191,43062.632.75$3,934
Mar 20192,15356.803.06$6,593
Feb 2019050.852.79$0
Jan 2019046.033.23$0
Dec 2018046.594.19$0
Nov 2018052.934.24$0
Oct 20182,26561.443.40$7,697
Sep 20182,21359.543.11$6,878
Aug 20182,26459.403.07$6,943
Jul 20182,32765.142.93$6,822
Jun 20182,27960.183.08$7,012
May 20182,39965.382.90$6,959
Apr 20182,22963.842.90$6,466
Mar 201844161.222.79$1,229
Feb 20182,09961.782.77$5,806
Jan 20182,33362.874.01$9,354
Dec 20172,20557.272.92$6,442
Nov 20172,28755.423.12$7,132
Oct 20171,25849.292.98$3,753
Sep 20171,18847.523.09$3,668
Aug 20172,25245.373.00$6,766
Jul 20171,37143.873.09$4,233
Jun 20172,12542.493.09$6,560
May 20172,18145.373.26$7,117
Apr 20172,09247.933.21$6,719
Mar 20172,16346.772.98$6,454
Feb 20171,99050.452.95$5,876
Jan 20172,03649.413.42$6,961
Dec 20162,13648.763.72$7,952
Nov 20162,21142.492.64$5,847
Oct 20162,37146.193.09$7,327
Sep 201673641.553.10$2,282
Aug 20162,06641.442.92$6,042
Jul 20162,12641.622.92$6,217
Jun 20162,15945.352.69$5,799
May 20162,19842.521.99$4,376
Apr 20162,18836.561.99$4,356
Mar 20162,26833.011.79$4,069
Feb 20161,94326.472.06$4,010
Jan 20162,22527.352.36$5,261
Dec 20152,21932.362.00$4,441
Nov 20152,15738.792.17$4,675
Oct 20152,25343.552.43$5,467
Sep 20152,18942.992.76$6,038
Aug 20152,27940.162.87$6,546
Jul 20152,27348.152.95$6,694
Jun 20152,35256.152.88$6,780
May 20151,72055.212.96$5,083
Apr 20152,29649.822.71$6,214
Mar 20152,17442.892.93$6,380
Feb 20151,94244.662.98$5,780
Jan 20152,35443.433.10$7,299
Dec 20142,47554.693.59$8,889
Nov 20142,16070.464.25$9,184
Oct 20141,60278.303.90$6,249
Sep 201472986.164.05$2,949
Aug 20141,43389.394.04$5,782
Jul 20142,46196.564.18$10,286
Jun 20142,29398.164.74$10,862
May 20142,54994.734.73$12,048
Apr 20142,03095.944.81$9,763
Mar 20142,50095.895.06$12,642
Feb 20142,07497.406.19$12,842
Jan 20142,48590.404.86$12,079
Dec 20132,47791.824.35$10,786
Nov 20132,36888.853.74$8,852
Oct 20132,50097.423.78$9,448
Sep 20132,426104.113.72$9,019
Aug 20132,520104.253.52$8,877
Jul 20132,538102.523.72$9,436
Jun 20132,46394.403.93$9,688
May 20132,17194.834.15$9,008
Apr 20132,35793.964.28$10,094
Mar 20132,36993.623.91$9,270
Feb 20132,26191.233.42$7,732
Jan 20132,39791.603.42$8,198
Dec 20122,44586.773.42$8,362
Nov 20122,39386.953.62$8,675
Oct 20122,37589.383.40$8,074
Sep 20122,49694.672.92$7,284
Aug 20122,43592.662.91$7,081
Jul 20122,60985.133.02$7,881
Jun 20122,38579.822.52$6,008
May 20122,19591.612.49$5,462
Apr 20122,419101.652.00$4,830
Mar 20122,528105.052.22$5,617
Feb 20122,334101.102.57$5,999
Jan 20122,67098.092.73$7,300
Dec 20112,42596.873.24$7,856
Nov 20112,58095.723.31$8,543
Oct 20112,68784.983.65$9,804
Sep 20112,63783.623.99$10,511
Aug 20112,75283.404.15$11,419
Jul 20112,47894.144.52$11,194
Jun 20112,74992.904.64$12,755
May 20112,87198.134.40$12,646
Apr 20112,524105.964.33$10,937
Mar 20112,89896.364.06$11,758
Feb 20112,58685.644.18$10,809
Jan 20112,93686.504.59$13,473
Dec 20102,93785.734.35$12,769
Nov 20102,85080.843.80$10,817
Oct 20102,90978.103.51$10,207
Sep 20102,86872.633.98$11,413
Aug 20102,98473.684.42$13,187
Jul 20102,92872.554.74$13,868
Jun 20102,41070.364.91$11,834
May 20102,24471.124.24$9,504
Apr 20102,96981.694.12$12,240
Mar 20103,06978.394.39$13,469
Feb 20102,75973.585.44$15,015
Jan 20103,05474.365.96$18,214
Dec 20093,02071.445.48$16,561
Nov 20092,94074.593.75$11,029
Oct 20093,07172.544.11$12,623
Sep 20092,94465.543.06$9,023
Aug 20093,08067.423.22$9,913
Jul 20092,95861.133.46$10,248
Jun 20091,54866.163.90$6,029
May 20092,97654.743.93$11,683
Apr 20093,03446.773.59$10,884
Mar 20093,02142.144.06$12,262
Feb 20092,80932.814.63$13,014
Jan 20093,11835.865.37$16,747
Dec 20083,06137.105.98$18,296
Nov 20082,99755.496.86$20,561
Oct 20082,87775.246.92$19,915
Sep 20082,933101.767.88$23,104
Aug 20082,982114.228.48$25,296
Jul 20082,967131.0811.39$33,792
Jun 20082,769131.3313.03$36,087
May 20082,850123.1711.57$32,987
Apr 20083,119110.3110.45$32,609
Mar 20083,105101.909.66$30,007
Feb 20084,51392.538.77$39,582
Jan 20085,22690.388.21$42,883
Dec 20075,12388.337.30$37,408
Nov 20074,83591.677.29$35,255
Oct 20075,25082.856.92$36,340
Sep 20075,15375.846.24$32,176
Aug 20075,33369.066.39$34,067
Jul 20075,36370.906.39$34,259
Jun 20075,39962.007.55$40,754
May 20075,29158.747.85$41,515
Apr 20075,39959.617.81$42,140
Mar 20075,79156.927.30$42,286
Feb 20075,11855.108.22$42,049
Jan 20075,18750.306.73$34,892
Dec 20065,24256.656.92$36,266
Nov 20065,47454.207.62$41,698
Oct 20065,94454.906.01$35,746
Sep 20065,24560.085.04$26,420
Aug 20065,09868.717.34$37,419
Jul 20065,94169.376.34$37,682
Jun 20065,69666.286.38$36,363
May 20065,66766.016.42$36,410
Apr 20065,90064.397.36$43,427
Mar 20065,89656.707.08$41,761
Feb 20065,57457.597.75$43,205
Jan 20066,23860.598.93$55,726
Dec 20056,23354.9413.42$83,618
Nov 20056,19154.6910.59$65,553
Oct 20056,53758.3413.80$90,183
Sep 20055,83861.4512.08$70,517
Aug 20055,59361.519.80$54,794
Jul 20054,90555.697.84$38,473
Jun 2005052.337.38$0
May 20052,83245.226.65$18,836
Apr 20055,91449.207.36$43,530
Mar 20056,20150.377.15$44,367
Feb 20054,97345.226.31$31,389
Jan 20056,11043.166.32$38,629
Dec 20045,90239.866.75$39,845
Nov 20045,91445.286.33$37,438
Oct 20045,82049.706.52$37,918
Sep 20046,07543.245.28$32,100
Aug 20046,26042.375.55$34,747
Jul 20046,52338.286.08$39,687
Jun 20046,36336.106.43$40,933
May 20045,79737.486.49$37,649
Apr 20046,38034.475.86$37,377
Mar 20046,68034.365.53$36,941
Feb 20046,23132.455.51$34,330
Jan 20046,84732.036.30$43,134
Dec 20035,89130.266.30$37,123
Nov 20034,75828.804.60$21,864
Oct 20036,41828.174.76$30,547
Sep 20035,98226.314.75$28,411
Aug 20036,59429.765.13$33,825
Jul 20036,66629.415.17$34,469
Jun 20036,31328.565.98$37,770
May 20036,51826.595.97$38,930
Apr 20036,19326.675.41$33,487
Mar 20036,60531.146.10$40,264
Feb 20036,09833.487.93$48,332
Jan 20036,68530.315.58$37,316
Dec 20025,32026.914.85$25,822
Nov 20026,70424.664.14$27,734
Oct 20024,53526.464.23$19,179
Sep 20022,07427.443.64$7,539
Aug 20027,57125.963.16$23,956
Jul 20027,67124.583.06$23,487
Jun 20026,80623.733.34$22,720
May 20028,01324.663.58$28,719
Apr 20027,01923.653.51$24,653
Mar 20027,80122.003.10$24,204
Feb 20027,76318.222.38$18,442
Jan 20027,85917.172.38$18,670
Dec 20018,44516.932.36$19,967
Nov 20018,00318.072.41$19,251
Oct 20018,70119.782.53$22,004
Sep 20017,61424.262.25$17,142
Aug 20018,57724.873.05$26,187
Jul 20018,94023.933.20$28,582
Jun 20017,95124.563.82$30,406
May 20019,02625.524.31$38,878
Apr 20018,88624.685.34$47,410
Mar 20018,96324.545.38$48,189
Feb 20018,24627.755.77$47,555
Jan 20018,82727.478.40$74,136
Dec 20008,39826.889.12$76,611
Nov 20008,87832.215.66$50,232
Oct 20007,65831.235.15$39,404
Sep 20008,50331.875.19$44,101
Aug 20006,75429.644.54$30,668
Jul 20004,81928.534.09$19,709
Jun 20006,33629.304.40$27,861
May 20006,78027.263.68$24,949
Apr 20006,82824.513.12$21,276
Mar 20006,29928.422.86$18,014
Feb 20006,29927.622.73$17,174
Jan 20007,95025.272.48$19,720
Dec 19997,55524.282.42$18,311
Nov 19996,72623.192.43$16,371
Oct 19996,47420.982.80$18,151
Sep 19995,81921.752.62$15,239
Aug 19996,36719.262.88$18,309
Jul 19995,94017.892.37$14,092
Jun 19996,34215.942.36$14,980
May 19995,54115.792.32$12,861
Apr 19996,05715.102.21$13,374
Mar 19998,12612.471.84$14,938
Feb 19995,6849.981.82$10,332
Jan 19997,44510.381.90$14,145
Dec 19987,5369.201.77$13,364
Nov 19986,20510.892.19$13,562
Oct 19986,37512.421.97$12,554
Sep 19985,52312.592.08$11,502
Aug 19985,95711.301.91$11,362
Jul 19983,93011.742.24$8,792
Jun 19984,74211.242.24$10,609
May 19983,46512.622.21$7,645
Apr 19985,36413.042.51$13,439
Mar 19985,79612.802.31$13,386
Feb 19985,69113.952.30$13,084
Jan 19987,51414.702.15$16,191
Dec 19979,12716.322.41$22,006
Nov 19975,71318.193.09$17,643
Oct 19975,58319.253.15$17,585
Sep 19977,03117.742.95$20,776
Aug 19977,28617.862.55$18,614
Jul 19976,88717.582.25$15,475
Jun 19977,09317.242.26$16,010
May 19977,86718.972.31$18,161
Apr 19976,69517.882.08$13,944
Mar 19977,42918.951.94$14,406
Feb 19977,22420.492.21$15,935
Jan 19977,49123.483.54$26,516
Dec 19966,91223.32$0
Nov 19966,75421.97$0
Oct 19968,04223.31$0
Sep 19965,43922.22$0
Aug 19967,66620.26$0
Jul 19969,73119.55$0
Jun 19968,77718.73$0
May 199610,37819.43$0
Apr 19969,34821.51$0
Mar 19968,83019.38$0
Feb 19969,53716.98$0
Jan 199610,03717.07$0
Dec 199510,43617.19$0
Nov 19959,98116.00$0
Oct 199511,12115.43$0
Sep 19958,66116.18$0
Aug 199511,23515.92$0
Jul 199511,08615.24$0
Jun 19959,01416.41$0
May 19958,44917.56$0
Apr 19959,09417.73$0
Mar 19958,89416.44$0
Feb 19956,15616.58$0
Jan 19957,55115.92$0
Dec 19948,50015.03$0
Nov 19949,81815.90$0
Oct 199412,68415.58$0
Sep 199410,12715.29$0
Aug 199410,77816.13$0
Jul 199411,16817.56$0
Jun 19947,98817.09$0
May 19946,34915.88$0
Apr 19947,42514.14$0
Mar 199411,20812.46$0
Feb 199410,47012.50$0
Jan 199412,51812.66$0
Dec 199312,43112.33$0
Nov 199312,02414.49$0
Oct 199310,74315.85$0
Sep 199311,63415.03$0
Aug 199313,12515.66$0
Jul 199312,60515.46$0
Jun 199312,55816.79$0
May 199311,65617.68$0
Apr 199313,59918.05$0
Mar 199313,88618.14$0
Feb 19937,16417.90$0
Jan 199312,21916.93$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                1,403 Mcf  × $  2.87 =     $4,026

────────────────────────────────────────────────────
Month total                                   $4,026

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/27092 is the state's own key, not one this site invented.