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 34745District 10Field 68831200Hydrogen sulphide fieldNGPA filingGasSaveExport
Value, all time
$192 k
Jan 1993 – May 2026
Value, last 12 filed months
$4 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
GasProduction118,079 Mcf$192,008
Total$192,008

62,380 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 35.5687, -101.8615. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.56869, -101.86152 · 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
1,734 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 1,734 ft.

Completions filed
Sep 1964
1 of 1 wells

1 well

42-3750036510R1,734 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 202617498.932.87$499
Mar 20266089.753.15$189
Feb 20263363.503.75$124
Jan 2026559.138.00$40
Dec 20256556.664.41$287
Nov 202533158.593.93$1,300
Oct 202513659.383.30$449
Sep 2025662.743.08$18
Aug 202515263.933.01$458
Jul 20255266.743.32$172
Jun 202514066.483.13$438
May 202521160.553.23$682
Apr 20254562.363.54$159
Mar 202520367.704.27$866
Feb 202522070.884.34$955
Jan 202530574.324.28$1,305
Dec 202430368.993.12$946
Nov 202429769.052.20$653
Oct 202430271.372.28$689
Sep 202428269.612.36$667
Aug 202428075.632.06$578
Jul 202426779.932.15$573
Jun 202421478.082.63$564
May 202432478.812.20$712
Apr 202427584.451.66$456
Mar 20244480.301.55$68
Feb 202421076.091.78$375
Jan 202412473.023.30$409
Dec 20235671.262.61$146
Nov 20233477.892.81$95
Oct 202319085.443.09$587
Sep 202321789.042.74$594
Aug 202318780.522.67$500
Jul 202314774.852.64$388
Jun 20235468.962.26$122
May 202313570.622.23$301
Apr 202333878.122.24$756
Mar 2023572.852.39$12
Feb 2023075.112.47$0
Jan 20232976.533.39$98
Dec 20228676.415.73$493
Nov 20225685.005.65$316
Oct 20221487.185.86$82
Sep 20227684.888.16$620
Aug 2022094.529.13$0
Jul 202237101.587.54$279
Jun 20221115.097.98$8
May 202220109.378.43$169
Apr 202210104.226.84$68
Mar 202225108.885.08$127
Feb 20222791.054.86$131
Jan 20221581.844.54$68
Dec 20219671.323.90$374
Nov 202118277.435.24$953
Oct 20211079.795.71$57
Sep 2021069.865.35$0
Aug 202125666.024.22$1,080
Jul 202116070.783.98$637
Jun 202127869.493.38$940
May 202123463.483.02$706
Apr 202121860.362.76$601
Mar 202127561.302.72$747
Feb 202111257.805.55$621
Jan 202110050.412.81$281
Dec 20209944.642.68$265
Nov 202014038.772.71$379
Oct 202019036.972.48$471
Sep 202019537.091.99$388
Aug 20204839.982.39$114
Jul 202027338.371.83$498
Jun 202021334.901.69$360
May 202030016.921.81$544
Apr 20207614.751.80$137
Mar 20207530.341.86$139
Feb 2020049.881.98$0
Jan 20201857.252.09$38
Dec 2019059.012.30$0
Nov 2019055.302.75$0
Oct 20192753.472.42$65
Sep 2019055.052.66$0
Aug 20197753.112.30$177
Jul 20192656.272.46$64
Jun 2019152.782.49$2
May 2019058.482.74$0
Apr 20192362.632.75$63
Mar 2019056.803.06$0
Feb 20193950.852.79$109
Jan 201914646.033.23$471
Dec 2018046.594.19$0
Nov 2018052.934.24$0
Oct 201825261.443.40$856
Sep 201816659.543.11$516
Aug 20182459.403.07$74
Jul 20183065.142.93$88
Jun 20187460.183.08$228
May 20188765.382.90$252
Apr 20185863.842.90$168
Mar 2018761.222.79$20
Feb 20183761.782.77$102
Jan 201814162.874.01$565
Dec 201717957.272.92$523
Nov 201721255.423.12$661
Oct 201712449.292.98$370
Sep 20175247.523.09$161
Aug 20176445.373.00$192
Jul 20174043.873.09$123
Jun 201716642.493.09$512
May 201716745.373.26$545
Apr 201711347.933.21$363
Mar 201720546.772.98$612
Feb 201728550.452.95$841
Jan 201717049.413.42$581
Dec 201616048.763.72$596
Nov 201617242.492.64$455
Oct 20164546.193.09$139
Sep 201612741.553.10$394
Aug 201616041.442.92$468
Jul 201621241.622.92$620
Jun 201617745.352.69$475
May 201626642.521.99$530
Apr 201622136.561.99$440
Mar 201633333.011.79$597
Feb 201628926.472.06$596
Jan 201641927.352.36$991
Dec 201521032.362.00$420
Nov 201511838.792.17$256
Oct 20158743.552.43$211
Sep 201510742.992.76$295
Aug 20155440.162.87$155
Jul 20154248.152.95$124
Jun 20154556.152.88$130
May 201514355.212.96$423
Apr 201521049.822.71$568
Mar 201522142.892.93$649
Feb 201532144.662.98$955
Jan 201528543.433.10$884
Dec 201413054.693.59$467
Nov 20141970.464.25$81
Oct 201415078.303.90$585
Sep 201413186.164.05$530
Aug 201412089.394.04$484
Jul 20147096.564.18$293
Jun 201423198.164.74$1,094
May 201423594.734.73$1,111
Apr 201416695.944.81$798
Mar 201421095.895.06$1,062
Feb 201423197.406.19$1,430
Jan 201416190.404.86$783
Dec 20138891.824.35$383
Nov 201321988.853.74$819
Oct 201331997.423.78$1,206
Sep 2013261104.113.72$970
Aug 2013255104.253.52$898
Jul 2013284102.523.72$1,056
Jun 201333694.403.93$1,322
May 201328194.834.15$1,166
Apr 201325793.964.28$1,101
Mar 201323693.623.91$923
Feb 201322291.233.42$759
Jan 201328191.603.42$961
Dec 201235186.773.42$1,200
Nov 201232686.953.62$1,182
Oct 201227189.383.40$921
Sep 201238494.672.92$1,121
Aug 201232192.662.91$934
Jul 201227385.133.02$825
Jun 201233679.822.52$846
May 201232691.612.49$811
Apr 2012276101.652.00$551
Mar 2012285105.052.22$633
Feb 2012160101.102.57$411
Jan 201238998.092.73$1,064
Dec 201115396.873.24$496
Nov 201128495.723.31$940
Oct 201115984.983.65$580
Sep 201132083.623.99$1,275
Aug 201126883.404.15$1,112
Jul 201141994.144.52$1,893
Jun 201138992.904.64$1,805
May 201126698.134.40$1,172
Apr 2011458105.964.33$1,985
Mar 201137596.364.06$1,522
Feb 201114885.644.18$619
Jan 201153386.504.59$2,446
Dec 201019185.734.35$830
Nov 201027380.843.80$1,036
Oct 201032378.103.51$1,133
Sep 201035072.633.98$1,393
Aug 201029273.684.42$1,290
Jul 201021272.554.74$1,004
Jun 20107570.364.91$368
May 201055871.124.24$2,363
Apr 201017981.694.12$738
Mar 201032878.394.39$1,439
Feb 20103373.585.44$180
Jan 201011574.365.96$686
Dec 200918471.445.48$1,009
Nov 200946674.593.75$1,748
Oct 200939372.544.11$1,615
Sep 200948365.543.06$1,480
Aug 200938467.423.22$1,236
Jul 200933361.133.46$1,154
Jun 200942066.163.90$1,636
May 200951254.743.93$2,010
Apr 200938446.773.59$1,378
Mar 200959942.144.06$2,431
Feb 200949232.814.63$2,279
Jan 200947535.865.37$2,551
Dec 200828737.105.98$1,715
Nov 200847355.496.86$3,245
Oct 200829775.246.92$2,056
Sep 2008467101.767.88$3,679
Aug 2008639114.228.48$5,421
Jul 2008779131.0811.39$8,872
Jun 20080131.3313.03$0
May 20080123.1711.57$0
Apr 20080110.3110.45$0
Mar 20080101.909.66$0
Feb 2008092.538.77$0
Jan 2008090.388.21$0
Dec 2007088.337.30$0
Nov 2007091.677.29$0
Oct 2007082.856.92$0
Sep 2007075.846.24$0
Aug 2007069.066.39$0
Jul 2007070.906.39$0
Jun 2007062.007.55$0
May 2007058.747.85$0
Apr 2007059.617.81$0
Mar 2007056.927.30$0
Feb 2007055.108.22$0
Jan 2007050.306.73$0
Dec 2006056.656.92$0
Nov 2006054.207.62$0
Oct 2006054.906.01$0
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 1998010.892.19$0
Oct 1998012.421.97$0
Sep 1998012.592.08$0
Aug 199824811.301.91$473
Jul 19981,04611.742.24$2,340
Jun 199869611.242.24$1,557
May 19983912.622.21$86
Apr 199878013.042.51$1,954
Mar 199882412.802.31$1,903
Feb 199821313.952.30$490
Jan 199848814.702.15$1,052
Dec 199767216.322.41$1,620
Nov 199776318.193.09$2,356
Oct 199774219.253.15$2,337
Sep 199779917.742.95$2,361
Aug 199793217.862.55$2,381
Jul 199788917.582.25$1,998
Jun 19971,07217.242.26$2,420
May 199796218.972.31$2,221
Apr 199777217.882.08$1,608
Mar 199785318.951.94$1,654
Feb 199794620.492.21$2,087
Jan 199782123.483.54$2,906
Dec 199685923.32$0
Nov 199684021.97$0
Oct 19961,00623.31$0
Sep 199675122.22$0
Aug 199680420.26$0
Jul 19961,21119.55$0
Jun 19961,28818.73$0
May 19961,25019.43$0
Apr 19961,35321.51$0
Mar 19961,11619.38$0
Feb 19961,15616.98$0
Jan 19961,12517.07$0
Dec 19951,07217.19$0
Nov 19951,13516.00$0
Oct 19951,28615.43$0
Sep 19951,05116.18$0
Aug 19951,34115.92$0
Jul 19951,31715.24$0
Jun 19951,27416.41$0
May 19951,19617.56$0
Apr 199599817.73$0
Mar 19951,09716.44$0
Feb 199590416.58$0
Jan 19951,03815.92$0
Dec 19941,13015.03$0
Nov 19941,28815.90$0
Oct 19941,55115.58$0
Sep 19941,44115.29$0
Aug 19941,47216.13$0
Jul 19941,59917.56$0
Jun 19941,49617.09$0
May 19941,24215.88$0
Apr 19941,37114.14$0
Mar 19941,55912.46$0
Feb 19941,05212.50$0
Jan 19941,17012.66$0
Dec 19931,27412.33$0
Nov 19931,39714.49$0
Oct 19931,42715.85$0
Sep 19931,47015.03$0
Aug 19931,63515.66$0
Jul 19931,73515.46$0
Jun 19931,58116.79$0
May 19931,61017.68$0
Apr 19931,48618.05$0
Mar 19931,78418.14$0
Feb 19931,64517.90$0
Jan 19932,49716.93$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                  174 Mcf  × $  2.87 =       $499

────────────────────────────────────────────────────
Month total                                     $499

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/34745 is the state's own key, not one this site invented.