MASTERSON -D-

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 27186District 10Field 68831200Hydrogen sulphide fieldGasSaveExport
Value, all time
$1.5 M
Jan 1993 – May 2026
Value, last 12 filed months
$21 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
GasProduction470,627 Mcf$1,524,688
Total$1,524,688

104,961 Mcf of this lease's gas, across 47 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 35.6019, -101.7475. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.60191, -101.74749 · 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
1,562 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 1,562 ft.

1 well

42-375002231R1,562 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 202632798.932.87$938
Mar 202620489.753.15$642
Feb 202653663.503.75$2,010
Jan 202637259.138.00$2,975
Dec 202542756.664.41$1,885
Nov 2025058.593.93$0
Oct 202543459.383.30$1,434
Sep 202563662.743.08$1,957
Aug 202589863.933.01$2,707
Jul 202599966.743.32$3,312
Jun 202584766.483.13$2,650
May 202521160.553.23$682
Apr 202596262.363.54$3,408
Mar 202548967.704.27$2,087
Feb 202568570.884.34$2,973
Jan 202530974.324.28$1,322
Dec 202437868.993.12$1,180
Nov 202489269.052.20$1,961
Oct 202490771.372.28$2,069
Sep 202487469.612.36$2,066
Aug 202490175.632.06$1,859
Jul 202491479.932.15$1,962
Jun 202485578.082.63$2,252
May 202491578.812.20$2,012
Apr 202490984.451.66$1,508
Mar 202493580.301.55$1,445
Feb 202487976.091.78$1,568
Jan 202496173.023.30$3,169
Dec 202389071.262.61$2,324
Nov 202380077.892.81$2,246
Oct 202346685.443.09$1,439
Sep 202371489.042.74$1,953
Aug 202373280.522.67$1,957
Jul 20232,50674.852.64$6,620
Jun 202369468.962.26$1,567
May 202394870.622.23$2,112
Apr 202372978.122.24$1,631
Mar 202396472.852.39$2,307
Feb 202386775.112.47$2,138
Jan 202376076.533.39$2,575
Dec 202271776.415.73$4,108
Nov 202274185.005.65$4,184
Oct 202266287.185.86$3,882
Sep 202271084.888.16$5,796
Aug 202297394.529.13$8,881
Jul 2022956101.587.54$7,210
Jun 2022828115.097.98$6,605
May 2022669109.378.43$5,642
Apr 2022664104.226.84$4,540
Mar 2022697108.885.08$3,538
Feb 202238891.054.86$1,885
Jan 202256781.844.54$2,573
Dec 202166671.323.90$2,597
Nov 202165077.435.24$3,404
Oct 202178279.795.71$4,468
Sep 202194769.865.35$5,067
Aug 202178966.024.22$3,330
Jul 202179170.783.98$3,150
Jun 202176969.493.38$2,600
May 202179963.483.02$2,411
Apr 202178360.362.76$2,160
Mar 202181861.302.72$2,222
Feb 202166157.805.55$3,667
Jan 202182150.412.81$2,307
Dec 202077244.642.68$2,065
Nov 202079238.772.71$2,144
Oct 202082136.972.48$2,035
Sep 202079737.091.99$1,587
Aug 202082739.982.39$1,972
Jul 202083938.371.83$1,531
Jun 202079734.901.69$1,347
May 202084516.921.81$1,533
Apr 202083114.751.80$1,499
Mar 202089230.341.86$1,656
Feb 202075549.881.98$1,495
Jan 202089857.252.09$1,881
Dec 201989759.012.30$2,067
Nov 201990355.302.75$2,484
Oct 201936353.472.42$878
Sep 201936355.052.66$965
Aug 201978953.112.30$1,818
Jul 201962556.272.46$1,538
Jun 201959452.782.49$1,480
May 201972358.482.74$1,981
Apr 201931362.632.75$861
Mar 201917056.803.06$521
Feb 201922750.852.79$634
Jan 201994246.033.23$3,041
Dec 201861946.594.19$2,591
Nov 201882352.934.24$3,487
Oct 201885861.443.40$2,916
Sep 201884459.543.11$2,623
Aug 201881759.403.07$2,505
Jul 201869865.142.93$2,046
Jun 201875460.183.08$2,320
May 201886365.382.90$2,503
Apr 201884363.842.90$2,445
Mar 2018061.222.79$0
Feb 2018061.782.77$0
Jan 2018062.874.01$0
Dec 201788557.272.92$2,586
Nov 201786255.423.12$2,688
Oct 201789649.292.98$2,673
Sep 201784947.523.09$2,621
Aug 201790345.373.00$2,713
Jul 201792943.873.09$2,868
Jun 201774642.493.09$2,303
May 201791145.373.26$2,973
Apr 201788647.933.21$2,845
Mar 201793346.772.98$2,784
Feb 201781950.452.95$2,418
Jan 201799249.413.42$3,391
Dec 201675448.763.72$2,807
Nov 201691942.492.64$2,430
Oct 201648946.193.09$1,511
Sep 201683141.553.10$2,577
Aug 20161,01841.442.92$2,977
Jul 20161,03141.622.92$3,015
Jun 201672745.352.69$1,953
May 201650042.521.99$996
Apr 201636436.561.99$725
Mar 201644133.011.79$791
Feb 201611526.472.06$237
Jan 201639327.352.36$929
Dec 20158132.362.00$162
Nov 201559938.792.17$1,298
Oct 201590943.552.43$2,206
Sep 201587942.992.76$2,425
Aug 201591540.162.87$2,628
Jul 201591648.152.95$2,698
Jun 201589056.152.88$2,566
May 201592955.212.96$2,746
Apr 201590849.822.71$2,458
Mar 201595842.892.93$2,811
Feb 201586644.662.98$2,577
Jan 201583143.433.10$2,577
Dec 201486254.693.59$3,096
Nov 201488370.464.25$3,754
Oct 201490378.303.90$3,523
Sep 201485286.164.05$3,447
Aug 201491789.394.04$3,700
Jul 201489896.564.18$3,753
Jun 201493698.164.74$4,434
May 201472994.734.73$3,446
Apr 201473095.944.81$3,511
Mar 201474995.895.06$3,788
Feb 201475497.406.19$4,669
Jan 201461190.404.86$2,970
Dec 201381291.824.35$3,536
Nov 201380388.853.74$3,002
Oct 201381397.423.78$3,073
Sep 20131,530104.113.72$5,688
Aug 20131,547104.253.52$5,449
Jul 20131,600102.523.72$5,948
Jun 20131,55594.403.93$6,116
May 20131,62194.834.15$6,726
Apr 20131,60093.964.28$6,852
Mar 20131,07893.623.91$4,218
Feb 20131,15791.233.42$3,957
Jan 20131,56991.603.42$5,366
Dec 20121,52186.773.42$5,202
Nov 20121,57286.953.62$5,698
Oct 20121,50989.383.40$5,130
Sep 201286094.672.92$2,510
Aug 20121,06592.662.91$3,097
Jul 201256885.133.02$1,716
Jun 201285779.822.52$2,159
May 201280791.612.49$2,008
Apr 20121,156101.652.00$2,308
Mar 20121,007105.052.22$2,238
Feb 20121,152101.102.57$2,961
Jan 20121,30898.092.73$3,576
Dec 20111,17396.873.24$3,800
Nov 20111,15095.723.31$3,808
Oct 20111,02184.983.65$3,725
Sep 20111,00783.623.99$4,014
Aug 201197283.404.15$4,033
Jul 20111,00594.144.52$4,540
Jun 201197492.904.64$4,519
May 20111,04098.134.40$4,581
Apr 2011442105.964.33$1,915
Mar 201144896.364.06$1,818
Feb 20116785.644.18$280
Jan 20111,02986.504.59$4,722
Dec 20101,07285.734.35$4,661
Nov 20101,00480.843.80$3,811
Oct 20101,10978.103.51$3,891
Sep 201020472.633.98$812
Aug 20101,23373.684.42$5,449
Jul 201085272.554.74$4,035
Jun 201059170.364.91$2,902
May 20101,14771.124.24$4,858
Apr 20101,19581.694.12$4,927
Mar 201060078.394.39$2,633
Feb 201068073.585.44$3,701
Jan 201090874.365.96$5,415
Dec 20091,14571.445.48$6,279
Nov 20091,07574.593.75$4,033
Oct 20091,11672.544.11$4,587
Sep 20091,10265.543.06$3,377
Aug 20091,09667.423.22$3,527
Jul 20091,11261.133.46$3,853
Jun 20091,12066.163.90$4,362
May 20091,13854.743.93$4,468
Apr 20091,14046.773.59$4,090
Mar 20091,19742.144.06$4,859
Feb 20091,10932.814.63$5,138
Jan 20091,18035.865.37$6,338
Dec 20081,56837.105.98$9,372
Nov 20088055.496.86$549
Oct 200884075.246.92$5,814
Sep 2008810101.767.88$6,380
Aug 2008837114.228.48$7,100
Jul 2008836131.0811.39$9,522
Jun 2008826131.3313.03$10,765
May 2008800123.1711.57$9,259
Apr 2008777110.3110.45$8,123
Mar 2008826101.909.66$7,983
Feb 200875292.538.77$6,595
Jan 200887790.388.21$7,196
Dec 200784688.337.30$6,177
Nov 200784691.677.29$6,169
Oct 200787482.856.92$6,050
Sep 200786875.846.24$5,420
Aug 200785969.066.39$5,487
Jul 200789570.906.39$5,717
Jun 200770462.007.55$5,314
May 20071,12158.747.85$8,796
Apr 20071,08859.617.81$8,492
Mar 20071,11856.927.30$8,164
Feb 200777455.108.22$6,359
Jan 20071,10550.306.73$7,433
Dec 20061,11356.656.92$7,700
Nov 20061,08054.207.62$8,227
Oct 20061,11854.906.01$6,723
Sep 20061,08060.085.04$5,440
Aug 20061,12668.717.34$8,265
Jul 20061,12769.376.34$7,148
Jun 20061,09866.286.38$7,010
May 20061,12266.016.42$7,209
Apr 20061,08064.397.36$7,949
Mar 20061,11556.707.08$7,897
Feb 20061,02257.597.75$7,922
Jan 20061,24560.598.93$11,122
Dec 20051,11754.9413.42$14,985
Nov 20051,09654.6910.59$11,605
Oct 20051,16058.3413.80$16,003
Sep 20051,14461.4512.08$13,818
Aug 20051,20761.519.80$11,825
Jul 200577655.697.84$6,087
Jun 200575152.337.38$5,543
May 20051,37245.226.65$9,125
Apr 20051,32849.207.36$9,775
Mar 20051,32550.377.15$9,480
Feb 20051,02045.226.31$6,438
Jan 200596343.166.32$6,088
Dec 20041,16939.866.75$7,892
Nov 20041,15145.286.33$7,286
Oct 20041,23449.706.52$8,040
Sep 20041,19143.245.28$6,293
Aug 20041,24442.375.55$6,905
Jul 20041,15238.286.08$7,009
Jun 20041,02336.106.43$6,581
May 20041,20437.486.49$7,819
Apr 20041,18734.475.86$6,954
Mar 20041,21434.365.53$6,714
Feb 20041,16832.455.51$6,435
Jan 20041,33332.036.30$8,397
Dec 20031,35130.266.30$8,514
Nov 20031,32128.804.60$6,070
Oct 20031,34228.174.76$6,387
Sep 20031,11726.314.75$5,305
Aug 20031,17129.765.13$6,007
Jul 20031,29829.415.17$6,712
Jun 20031,31428.565.98$7,862
May 20031,39626.595.97$8,338
Apr 20031,33726.675.41$7,230
Mar 20031,39331.146.10$8,492
Feb 20031,26533.487.93$10,026
Jan 20031,34530.315.58$7,508
Dec 20021,42226.914.85$6,902
Nov 20021,38024.664.14$5,709
Oct 20021,41626.464.23$5,988
Sep 20021,36127.443.64$4,948
Aug 20021,38925.963.16$4,395
Jul 20021,41724.583.06$4,339
Jun 20021,34823.733.34$4,500
May 20021,41924.663.58$5,086
Apr 20021,38323.653.51$4,858
Mar 20021,45722.003.10$4,521
Feb 20021,32318.222.38$3,143
Jan 20021,45917.172.38$3,466
Dec 20011,47816.932.36$3,495
Nov 20011,42418.072.41$3,425
Oct 20011,45719.782.53$3,685
Sep 20011,41424.262.25$3,183
Aug 20011,48724.873.05$4,540
Jul 20011,47323.933.20$4,709
Jun 20011,45024.563.82$5,545
May 20011,51025.524.31$6,504
Apr 20011,47624.685.34$7,875
Mar 20011,50024.545.38$8,065
Feb 20011,40427.755.77$8,097
Jan 20011,56327.478.40$13,127
Dec 20001,57526.889.12$14,368
Nov 20001,51532.215.66$8,572
Oct 20001,56331.235.15$8,042
Sep 20001,49931.875.19$7,775
Aug 20001,56129.644.54$7,088
Jul 20001,54428.534.09$6,315
Jun 20001,50329.304.40$6,609
May 20001,46327.263.68$5,383
Apr 20001,48524.513.12$4,627
Mar 20001,59628.422.86$4,564
Feb 20001,49827.622.73$4,084
Jan 20001,60825.272.48$3,989
Dec 19991,62124.282.42$3,929
Nov 19991,56323.192.43$3,804
Oct 19991,61320.982.80$4,522
Sep 19991,56121.752.62$4,088
Aug 19991,46819.262.88$4,221
Jul 19991,55517.892.37$3,689
Jun 19991,56415.942.36$3,694
May 19991,66315.792.32$3,860
Apr 19991,62415.102.21$3,586
Mar 19991,67212.471.84$3,074
Feb 19991,5279.981.82$2,776
Jan 19991,65810.381.90$3,150
Dec 19981,7039.201.77$3,020
Nov 19981,68810.892.19$3,690
Oct 19981,52612.421.97$3,005
Sep 19981,71812.592.08$3,578
Aug 19981,79911.301.91$3,431
Jul 19981,84411.742.24$4,126
Jun 19981,82311.242.24$4,079
May 19981,63312.622.21$3,603
Apr 19981,80013.042.51$4,510
Mar 19981,88312.802.31$4,349
Feb 19981,71213.952.30$3,936
Jan 19981,86514.702.15$4,019
Dec 19971,85316.322.41$4,468
Nov 19971,84918.193.09$5,710
Oct 19971,91519.253.15$6,032
Sep 19971,85717.742.95$5,487
Aug 19971,91417.862.55$4,890
Jul 19972,05917.582.25$4,626
Jun 19971,59317.242.26$3,596
May 19972,00618.972.31$4,631
Apr 19971,77617.882.08$3,699
Mar 19972,00218.951.94$3,882
Feb 19971,83220.492.21$4,041
Jan 19971,98923.483.54$7,040
Dec 19961,99623.32$0
Nov 19961,96321.97$0
Oct 19962,11723.31$0
Sep 19961,99722.22$0
Aug 19962,49720.26$0
Jul 199654719.55$0
Jun 19961,96418.73$0
May 19962,08219.43$0
Apr 19962,00721.51$0
Mar 19962,10119.38$0
Feb 19961,94516.98$0
Jan 19961,96017.07$0
Dec 19952,14117.19$0
Nov 19952,09316.00$0
Oct 19952,19315.43$0
Sep 19952,18416.18$0
Aug 19952,59215.92$0
Jul 199523215.24$0
Jun 19952,05316.41$0
May 19952,36917.56$0
Apr 19952,12617.73$0
Mar 19952,22316.44$0
Feb 19952,03716.58$0
Jan 19952,47515.92$0
Dec 19942,25615.03$0
Nov 19942,19515.90$0
Oct 19942,26615.58$0
Sep 19942,24815.29$0
Aug 19942,29016.13$0
Jul 19942,17417.56$0
Jun 19942,27817.09$0
May 19942,47715.88$0
Apr 19942,34914.14$0
Mar 19942,48712.46$0
Feb 19942,27212.50$0
Jan 1994012.66$0
Dec 19932,55112.33$0
Nov 19932,48314.49$0
Oct 19932,60315.85$0
Sep 19932,51715.03$0
Aug 19932,64215.66$0
Jul 19932,66915.46$0
Jun 19933,44016.79$0
May 19932,45717.68$0
Apr 19932,66118.05$0
Mar 19932,66918.14$0
Feb 19932,42217.90$0
Jan 19932,66116.93$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                  327 Mcf  × $  2.87 =       $938

────────────────────────────────────────────────────
Month total                                     $938

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/27186 is the state's own key, not one this site invented.