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 34744District 10Field 68831200Hydrogen sulphide fieldNGPA filingGasSaveExport
Value, all time
$273 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
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
GasProduction146,541 Mcf$272,733
Total$272,733

77,013 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 35.5977, -101.8994. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.59774, -101.89944 · 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
2,080 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 2,080 ft.

Completions filed
Sep 1964
1 of 1 wells

1 well

42-375002769R2,080 ftSep 1964

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 202610798.932.87$307
Mar 202614389.753.15$450
Feb 20268063.503.75$300
Jan 202614359.138.00$1,144
Dec 202512956.664.41$569
Nov 202512958.593.93$507
Oct 202512059.383.30$397
Sep 202510462.743.08$320
Aug 202512963.933.01$389
Jul 202511666.743.32$385
Jun 20258766.483.13$272
May 202510960.553.23$352
Apr 202516662.363.54$588
Mar 20257867.704.27$333
Feb 20255270.884.34$226
Jan 20259874.324.28$419
Dec 202417068.993.12$531
Nov 202414969.052.20$328
Oct 20244371.372.28$98
Sep 202411669.612.36$274
Aug 20245475.632.06$111
Jul 202412479.932.15$266
Jun 202411578.082.63$303
May 202411678.812.20$255
Apr 202411784.451.66$194
Mar 202417680.301.55$272
Feb 202415176.091.78$269
Jan 202412173.023.30$399
Dec 202318571.262.61$483
Nov 202317777.892.81$497
Oct 202312885.443.09$395
Sep 202313289.042.74$361
Aug 202311280.522.67$299
Jul 20231574.852.64$40
Jun 20238868.962.26$199
May 202312170.622.23$270
Apr 202313578.122.24$302
Mar 202311772.852.39$280
Feb 20235975.112.47$145
Jan 202314376.533.39$484
Dec 202213176.415.73$751
Nov 202212985.005.65$728
Oct 202215387.185.86$897
Sep 202215684.888.16$1,274
Aug 202215994.529.13$1,451
Jul 2022210101.587.54$1,584
Jun 2022147115.097.98$1,173
May 2022132109.378.43$1,113
Apr 2022109104.226.84$745
Mar 2022169108.885.08$858
Feb 202211291.054.86$544
Jan 202215081.844.54$681
Dec 202117571.323.90$682
Nov 202115877.435.24$827
Oct 202116579.795.71$943
Sep 202118669.865.35$995
Aug 202128766.024.22$1,211
Jul 202111070.783.98$438
Jun 202110569.493.38$355
May 202113563.483.02$407
Apr 20217060.362.76$193
Mar 202114061.302.72$380
Feb 20219657.805.55$533
Jan 202116950.412.81$475
Dec 202013844.642.68$369
Nov 20209238.772.71$249
Oct 202015636.972.48$387
Sep 202017137.091.99$340
Aug 20207739.982.39$184
Jul 202025138.371.83$458
Jun 202018034.901.69$304
May 202018016.921.81$327
Apr 202020114.751.80$363
Mar 202012530.341.86$232
Feb 20208249.881.98$162
Jan 20208857.252.09$184
Dec 201915259.012.30$350
Nov 20192955.302.75$80
Oct 201910153.472.42$244
Sep 20194455.052.66$117
Aug 201910053.112.30$230
Jul 20198056.272.46$197
Jun 20191852.782.49$45
May 20192858.482.74$77
Apr 20193562.632.75$96
Mar 20192756.803.06$83
Feb 20194150.852.79$114
Jan 201911846.033.23$381
Dec 2018046.594.19$0
Nov 2018052.934.24$0
Oct 201811961.443.40$404
Sep 201812859.543.11$398
Aug 20186859.403.07$209
Jul 20184765.142.93$138
Jun 20185460.183.08$166
May 201811565.382.90$334
Apr 20183463.842.90$99
Mar 2018361.222.79$8
Feb 20181761.782.77$47
Jan 20189962.874.01$397
Dec 201713557.272.92$394
Nov 201711555.423.12$359
Oct 20178749.292.98$260
Sep 20174747.523.09$145
Aug 20177245.373.00$216
Jul 20172643.873.09$80
Jun 201711842.493.09$364
May 201712345.373.26$401
Apr 20178847.933.21$283
Mar 201711646.772.98$346
Feb 201713150.452.95$387
Jan 201717349.413.42$591
Dec 201614448.763.72$536
Nov 201614442.492.64$381
Oct 20162946.193.09$90
Sep 201611041.553.10$341
Aug 20169641.442.92$281
Jul 201615941.622.92$465
Jun 201613945.352.69$373
May 201621042.521.99$418
Apr 201616536.561.99$329
Mar 201623333.011.79$418
Feb 201617826.472.06$367
Jan 201628827.352.36$681
Dec 201525932.362.00$518
Nov 201511938.792.17$258
Oct 20157743.552.43$187
Sep 20156842.992.76$188
Aug 20153740.162.87$106
Jul 20155948.152.95$174
Jun 20153256.152.88$92
May 20158855.212.96$260
Apr 201515149.822.71$409
Mar 20158242.892.93$241
Feb 201518644.662.98$554
Jan 201514243.433.10$440
Dec 201416554.693.59$593
Nov 20144770.464.25$200
Oct 201413378.303.90$519
Sep 20148486.164.05$340
Aug 20149289.394.04$371
Jul 20147896.564.18$326
Jun 201412698.164.74$597
May 201416494.734.73$775
Apr 20148495.944.81$404
Mar 20149695.895.06$485
Feb 201416197.406.19$997
Jan 201418290.404.86$885
Dec 201313191.824.35$570
Nov 201317388.853.74$647
Oct 201318297.423.78$688
Sep 2013197104.113.72$732
Aug 2013214104.253.52$754
Jul 2013211102.523.72$784
Jun 201325494.403.93$999
May 201315694.834.15$647
Apr 201326293.964.28$1,122
Mar 201325493.623.91$994
Feb 201324391.233.42$831
Jan 201323491.603.42$800
Dec 201223086.773.42$787
Nov 201221886.953.62$790
Oct 201221089.383.40$714
Sep 201219594.672.92$569
Aug 201218592.662.91$538
Jul 201224785.133.02$746
Jun 201225879.822.52$650
May 201224091.612.49$597
Apr 2012205101.652.00$409
Mar 2012204105.052.22$453
Feb 2012177101.102.57$455
Jan 201220698.092.73$563
Dec 201119096.873.24$616
Nov 201121995.723.31$725
Oct 201121984.983.65$799
Sep 201122383.623.99$889
Aug 201120983.404.15$867
Jul 201124994.144.52$1,125
Jun 201123692.904.64$1,095
May 201127998.134.40$1,229
Apr 2011318105.964.33$1,378
Mar 201134796.364.06$1,408
Feb 201126885.644.18$1,120
Jan 201137286.504.59$1,707
Dec 201019985.734.35$865
Nov 201034080.843.80$1,290
Oct 201031478.103.51$1,102
Sep 201028772.633.98$1,142
Aug 201027473.684.42$1,211
Jul 201021772.554.74$1,028
Jun 201023570.364.91$1,154
May 201021171.124.24$894
Apr 201028281.694.12$1,163
Mar 201031878.394.39$1,396
Feb 201021773.585.44$1,181
Jan 201034074.365.96$2,028
Dec 200936871.445.48$2,018
Nov 200930174.593.75$1,129
Oct 200931172.544.11$1,278
Sep 200928365.543.06$867
Aug 200929567.423.22$949
Jul 200927561.133.46$953
Jun 200932666.163.90$1,270
May 200932154.743.93$1,260
Apr 200930846.773.59$1,105
Mar 200938742.144.06$1,571
Feb 200936632.814.63$1,696
Jan 200937635.865.37$2,020
Dec 200838037.105.98$2,271
Nov 200834555.496.86$2,367
Oct 200836375.246.92$2,513
Sep 2008371101.767.88$2,922
Aug 2008455114.228.48$3,860
Jul 2008431131.0811.39$4,909
Jun 2008459131.3313.03$5,982
May 2008367123.1711.57$4,248
Apr 2008394110.3110.45$4,119
Mar 2008190101.909.66$1,836
Feb 20089792.538.77$851
Jan 200883190.388.21$6,819
Dec 200714088.337.30$1,022
Nov 200741291.677.29$3,004
Oct 200740682.856.92$2,810
Sep 200754675.846.24$3,409
Aug 200751769.066.39$3,303
Jul 200745670.906.39$2,913
Jun 200747262.007.55$3,563
May 200762158.747.85$4,873
Apr 200759059.617.81$4,605
Mar 200753056.927.30$3,870
Feb 200731555.108.22$2,588
Jan 200728550.306.73$1,917
Dec 200650156.656.92$3,466
Nov 200661254.207.62$4,662
Oct 200672054.906.01$4,330
Sep 2006060.085.04$0
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 199843310.892.19$946
Oct 19981,09912.421.97$2,164
Sep 199897612.592.08$2,033
Aug 19981,08111.301.91$2,062
Jul 199898811.742.24$2,210
Jun 19981,16311.242.24$2,602
May 199899412.622.21$2,193
Apr 199892313.042.51$2,312
Mar 19981,01712.802.31$2,349
Feb 19981,02813.952.30$2,364
Jan 199898414.702.15$2,120
Dec 19971,04516.322.41$2,520
Nov 19971,05018.193.09$3,243
Oct 19971,08619.253.15$3,421
Sep 19971,11717.742.95$3,301
Aug 19971,28717.862.55$3,288
Jul 19971,27717.582.25$2,869
Jun 19971,41817.242.26$3,201
May 19971,36318.972.31$3,146
Apr 19971,17917.882.08$2,456
Mar 19971,31018.951.94$2,540
Feb 19971,18420.492.21$2,612
Jan 19971,11123.483.54$3,933
Dec 19961,18423.32$0
Nov 19961,16221.97$0
Oct 19961,33023.31$0
Sep 19961,04122.22$0
Aug 19961,03620.26$0
Jul 19961,42519.55$0
Jun 19961,52118.73$0
May 19961,49619.43$0
Apr 19961,45221.51$0
Mar 19961,26019.38$0
Feb 19961,23016.98$0
Jan 19961,40517.07$0
Dec 19951,43017.19$0
Nov 19951,37016.00$0
Oct 19951,52815.43$0
Sep 19951,38216.18$0
Aug 19951,61915.92$0
Jul 19951,58315.24$0
Jun 19951,51516.41$0
May 19951,38517.56$0
Apr 19951,65917.73$0
Mar 19951,37116.44$0
Feb 19951,16016.58$0
Jan 19951,38515.92$0
Dec 19941,50715.03$0
Nov 19941,66515.90$0
Oct 19941,85215.58$0
Sep 19941,75715.29$0
Aug 19941,81316.13$0
Jul 19941,85917.56$0
Jun 19941,73817.09$0
May 19941,51115.88$0
Apr 19941,72214.14$0
Mar 19941,62712.46$0
Feb 19941,70112.50$0
Jan 19941,80312.66$0
Dec 19931,81012.33$0
Nov 19931,84214.49$0
Oct 19931,88815.85$0
Sep 19931,91515.03$0
Aug 19932,06715.66$0
Jul 19932,04415.46$0
Jun 19931,97516.79$0
May 19932,00217.68$0
Apr 19931,89218.05$0
Mar 19931,94918.14$0
Feb 19931,97917.90$0
Jan 19932,16616.93$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                  107 Mcf  × $  2.87 =       $307

────────────────────────────────────────────────────
Month total                                     $307

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/34744 is the state's own key, not one this site invented.