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 37778District 10Field 68831200Hydrogen sulphide fieldGasSaveExport
Value, all time
$1.1 M
Jan 1993 – May 2026
Value, last 12 filed months
$11 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
GasProduction638,158 Mcf$1,133,608
Total$1,133,608

325,971 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 35.5713, -101.8829. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.57127, -101.88287 · 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
1,880 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 1,880 ft.

Completions filed
Jul 1965
1 of 1 wells

1 well

42-3750036015 R1,880 ftJul 1965

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 202624598.932.87$703
Mar 202628789.753.15$904
Feb 202617663.503.75$660
Jan 202628259.138.00$2,255
Dec 202527656.664.41$1,218
Nov 202525958.593.93$1,017
Oct 202526159.383.30$863
Sep 202524762.743.08$760
Aug 202527263.933.01$820
Jul 202526066.743.32$862
Jun 202518866.483.13$588
May 202524460.553.23$789
Apr 202530862.363.54$1,091
Mar 202524367.704.27$1,037
Feb 202516170.884.34$699
Jan 202520674.324.28$881
Dec 202433468.993.12$1,043
Nov 202430669.052.20$673
Oct 202414471.372.28$329
Sep 202425069.612.36$591
Aug 202417075.632.06$351
Jul 202429979.932.15$642
Jun 202428578.082.63$751
May 202427078.812.20$594
Apr 202425684.451.66$425
Mar 202434680.301.55$535
Feb 202429776.091.78$530
Jan 202437973.023.30$1,250
Dec 202342571.262.61$1,110
Nov 202339777.892.81$1,115
Oct 202333385.443.09$1,028
Sep 202332489.042.74$886
Aug 202329680.522.67$791
Jul 202318174.852.64$478
Jun 202327668.962.26$623
May 202334870.622.23$775
Apr 202335478.122.24$792
Mar 202327972.852.39$668
Feb 202335675.112.47$878
Jan 202338776.533.39$1,311
Dec 202238176.415.73$2,183
Nov 202236885.005.65$2,078
Oct 202241487.185.86$2,428
Sep 202243884.888.16$3,576
Aug 202242594.529.13$3,879
Jul 2022416101.587.54$3,138
Jun 2022288115.097.98$2,297
May 2022276109.378.43$2,328
Apr 2022227104.226.84$1,552
Mar 2022311108.885.08$1,579
Feb 202222491.054.86$1,088
Jan 202230681.844.54$1,389
Dec 202134271.323.90$1,334
Nov 202131277.435.24$1,634
Oct 202134579.795.71$1,971
Sep 202138269.865.35$2,044
Aug 202148466.024.22$2,043
Jul 202125470.783.98$1,011
Jun 202137569.493.38$1,268
May 202142363.483.02$1,276
Apr 202122660.362.76$623
Mar 202140761.302.72$1,106
Feb 202123157.805.55$1,282
Jan 202151850.412.81$1,456
Dec 202045544.642.68$1,217
Nov 202026638.772.71$720
Oct 202046436.972.48$1,150
Sep 202057437.091.99$1,143
Aug 202020439.982.39$487
Jul 202067738.371.83$1,236
Jun 202052734.901.69$891
May 202043316.921.81$786
Apr 202038414.751.80$693
Mar 202014430.341.86$267
Feb 202031649.881.98$626
Jan 202034157.252.09$714
Dec 201938659.012.30$889
Nov 20199155.302.75$250
Oct 201933753.472.42$815
Sep 20198855.052.66$234
Aug 201919153.112.30$440
Jul 201920956.272.46$514
Jun 201914352.782.49$356
May 201926058.482.74$712
Apr 201912262.632.75$336
Mar 20193656.803.06$110
Feb 201919250.852.79$536
Jan 201944246.033.23$1,427
Dec 2018046.594.19$0
Nov 2018052.934.24$0
Oct 201848261.443.40$1,638
Sep 201844559.543.11$1,383
Aug 201832859.403.07$1,006
Jul 201828565.142.93$836
Jun 201826760.183.08$822
May 201840965.382.90$1,186
Apr 201829663.842.90$859
Mar 20182261.222.79$61
Feb 201815461.782.77$426
Jan 201837262.874.01$1,491
Dec 201756257.272.92$1,642
Nov 201753555.423.12$1,668
Oct 201727149.292.98$809
Sep 201714847.523.09$457
Aug 201721145.373.00$634
Jul 201711943.873.09$367
Jun 201742742.493.09$1,318
May 201758345.373.26$1,903
Apr 201741747.933.21$1,339
Mar 201747246.772.98$1,408
Feb 201748850.452.95$1,441
Jan 201753949.413.42$1,843
Dec 201651348.763.72$1,910
Nov 201671142.492.64$1,880
Oct 201634046.193.09$1,051
Sep 201629541.553.10$915
Aug 201649241.442.92$1,439
Jul 201663241.622.92$1,848
Jun 201664845.352.69$1,740
May 201676442.521.99$1,521
Apr 201665636.561.99$1,306
Mar 201669633.011.79$1,249
Feb 201670126.472.06$1,447
Jan 201682327.352.36$1,946
Dec 201573832.362.00$1,477
Nov 201543538.792.17$943
Oct 201551143.552.43$1,240
Sep 201537842.992.76$1,043
Aug 201534340.162.87$985
Jul 201534848.152.95$1,025
Jun 201530956.152.88$891
May 201538655.212.96$1,141
Apr 201558749.822.71$1,589
Mar 201547242.892.93$1,385
Feb 201560444.662.98$1,798
Jan 201568143.433.10$2,112
Dec 201470154.693.59$2,518
Nov 201443270.464.25$1,837
Oct 201464178.303.90$2,501
Sep 201445686.164.05$1,845
Aug 201443989.394.04$1,771
Jul 201453996.564.18$2,253
Jun 201465998.164.74$3,122
May 201474294.734.73$3,507
Apr 201455495.944.81$2,664
Mar 201464995.895.06$3,282
Feb 201457997.406.19$3,585
Jan 201466590.404.86$3,232
Dec 201367891.824.35$2,952
Nov 201374088.853.74$2,766
Oct 201377597.423.78$2,929
Sep 2013795104.113.72$2,956
Aug 2013848104.253.52$2,987
Jul 2013842102.523.72$3,130
Jun 201389094.403.93$3,501
May 201355794.834.15$2,311
Apr 201384393.964.28$3,610
Mar 201383593.623.91$3,267
Feb 201379391.233.42$2,712
Jan 201383991.603.42$2,869
Dec 201285486.773.42$2,921
Nov 201284186.953.62$3,049
Oct 201284789.383.40$2,880
Sep 201279894.672.92$2,329
Aug 201280892.662.91$2,350
Jul 201289485.133.02$2,701
Jun 201284879.822.52$2,136
May 201281091.612.49$2,016
Apr 2012801101.652.00$1,599
Mar 2012828105.052.22$1,840
Feb 2012750101.102.57$1,928
Jan 201283598.092.73$2,283
Dec 201181596.873.24$2,640
Nov 201193895.723.31$3,106
Oct 201199084.983.65$3,612
Sep 201199683.623.99$3,970
Aug 201197283.404.15$4,033
Jul 20111,03094.144.52$4,653
Jun 20111,07692.904.64$4,993
May 20111,12798.134.40$4,964
Apr 20111,059105.964.33$4,589
Mar 20111,10596.364.06$4,483
Feb 201194085.644.18$3,929
Jan 20111,20286.504.59$5,516
Dec 20101,11085.734.35$4,826
Nov 20101,25580.843.80$4,763
Oct 20101,22778.103.51$4,305
Sep 20101,16472.633.98$4,632
Aug 20101,17673.684.42$5,197
Jul 20101,06972.554.74$5,063
Jun 201092070.364.91$4,518
May 201092571.124.24$3,918
Apr 20101,09581.694.12$4,514
Mar 20101,09278.394.39$4,792
Feb 20101,05373.585.44$5,731
Jan 20101,27874.365.96$7,622
Dec 20091,35871.445.48$7,447
Nov 20091,27474.593.75$4,779
Oct 20091,31672.544.11$5,409
Sep 20091,22165.543.06$3,742
Aug 20091,27467.423.22$4,100
Jul 20091,05361.133.46$3,648
Jun 200992766.163.90$3,611
May 20091,31854.743.93$5,174
Apr 20091,30646.773.59$4,685
Mar 20091,39442.144.06$5,658
Feb 20091,18332.814.63$5,481
Jan 20091,37435.865.37$7,380
Dec 20081,41337.105.98$8,446
Nov 20081,45855.496.86$10,002
Oct 20081,46275.246.92$10,120
Sep 20081,469101.767.88$11,571
Aug 20081,613114.228.48$13,683
Jul 20081,635131.0811.39$18,622
Jun 20081,449131.3313.03$18,884
May 20081,416123.1711.57$16,389
Apr 20081,348110.3110.45$14,093
Mar 20081,208101.909.66$11,674
Feb 20081,25992.538.77$11,042
Jan 20081,58790.388.21$13,022
Dec 20071,42688.337.30$10,413
Nov 20071,70691.677.29$12,440
Oct 20071,76482.856.92$12,210
Sep 20071,84675.846.24$11,527
Aug 20071,78769.066.39$11,415
Jul 20071,78470.906.39$11,396
Jun 20071,69762.007.55$12,810
May 20071,77258.747.85$13,904
Apr 20071,69059.617.81$13,191
Mar 20071,56856.927.30$11,449
Feb 20071,42055.108.22$11,667
Jan 20071,56750.306.73$10,541
Dec 20061,90356.656.92$13,166
Nov 20062,17854.207.62$16,591
Oct 20063,36154.906.01$20,212
Sep 20062,09060.085.04$10,528
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 199951820.982.80$1,452
Sep 19993,43621.752.62$8,998
Aug 19993,67619.262.88$10,571
Jul 19993,81217.892.37$9,043
Jun 19994,11615.942.36$9,722
May 19993,70715.792.32$8,604
Apr 19993,70115.102.21$8,172
Mar 19994,61312.471.84$8,480
Feb 19993,4229.981.82$6,220
Jan 19993,77910.381.90$7,180
Dec 19984,2889.201.77$7,604
Nov 19984,74610.892.19$10,373
Oct 19984,51012.421.97$8,881
Sep 19984,26212.592.08$8,876
Aug 19984,80911.301.91$9,172
Jul 19984,61611.742.24$10,327
Jun 19984,39311.242.24$9,828
May 19984,69612.622.21$10,361
Apr 19984,63613.042.51$11,615
Mar 19984,57012.802.31$10,554
Feb 19984,29613.952.30$9,877
Jan 19984,80614.702.15$10,356
Dec 19974,78616.322.41$11,540
Nov 19974,46418.193.09$13,786
Oct 19974,81519.253.15$15,166
Sep 19974,94717.742.95$14,618
Aug 19975,51417.862.55$14,087
Jul 19975,62117.582.25$12,630
Jun 19975,30417.242.26$11,972
May 19975,20418.972.31$12,013
Apr 19974,98817.882.08$10,389
Mar 19975,48118.951.94$10,628
Feb 19974,78020.492.21$10,544
Jan 19975,22523.483.54$18,495
Dec 19965,26123.32$0
Nov 19965,00521.97$0
Oct 19965,70623.31$0
Sep 19964,94822.22$0
Aug 19965,75520.26$0
Jul 19965,78719.55$0
Jun 19965,45918.73$0
May 19965,99019.43$0
Apr 19965,60321.51$0
Mar 19965,28319.38$0
Feb 19965,92716.98$0
Jan 19965,98117.07$0
Dec 19956,02717.19$0
Nov 19955,94816.00$0
Oct 19956,63215.43$0
Sep 19956,11116.18$0
Aug 19956,87715.92$0
Jul 19956,87715.24$0
Jun 19956,46216.41$0
May 19956,41617.56$0
Apr 19955,98917.73$0
Mar 19956,58916.44$0
Feb 19955,27516.58$0
Jan 19956,37415.92$0
Dec 19946,66915.03$0
Nov 19946,73015.90$0
Oct 19947,42315.58$0
Sep 19947,19315.29$0
Aug 19947,42516.13$0
Jul 19947,57417.56$0
Jun 19947,04117.09$0
May 19946,19115.88$0
Apr 19946,58014.14$0
Mar 19947,40212.46$0
Feb 19946,92712.50$0
Jan 19947,84012.66$0
Dec 19937,92512.33$0
Nov 19937,40914.49$0
Oct 19937,93115.85$0
Sep 19937,85815.03$0
Aug 19938,36715.66$0
Jul 19938,45715.46$0
Jun 19938,51616.79$0
May 19938,13117.68$0
Apr 19938,41718.05$0
Mar 19938,79518.14$0
Feb 19938,13817.90$0
Jan 19938,75016.93$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                  245 Mcf  × $  2.87 =       $703

────────────────────────────────────────────────────
Month total                                     $703

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/37778 is the state's own key, not one this site invented.