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 41136District 10Field 68831200Hydrogen sulphide fieldNGPA filingGasSaveExport
Value, all time
$791 k
Jan 1993 – May 2026
Value, last 12 filed months
$14 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
NGPA2none

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
GasProduction227,407 Mcf$791,099
Total$791,099

45,081 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 35.5882, -101.7595. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.58820, -101.75947 · 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
1,800 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 1,800 ft.

1 well

42-3750019719 R1,800 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 202634098.932.87$976
Mar 202635289.753.15$1,109
Feb 202629563.503.75$1,106
Jan 202634159.138.00$2,727
Dec 202534656.664.41$1,527
Nov 202533658.593.93$1,319
Oct 202535059.383.30$1,157
Sep 202534662.743.08$1,065
Aug 202532863.933.01$989
Jul 202535266.743.32$1,167
Jun 202534966.483.13$1,092
May 202536460.553.23$1,177
Apr 202534962.363.54$1,237
Mar 202530567.704.27$1,302
Feb 202525970.884.34$1,124
Jan 202535074.324.28$1,498
Dec 202435568.993.12$1,108
Nov 202434269.052.20$752
Oct 202435471.372.28$808
Sep 202434469.612.36$813
Aug 202435175.632.06$724
Jul 202435779.932.15$766
Jun 202434878.082.63$917
May 202436078.812.20$791
Apr 202434484.451.66$571
Mar 202434680.301.55$535
Feb 202432276.091.78$574
Jan 202434373.023.30$1,131
Dec 202335771.262.61$932
Nov 202334877.892.81$977
Oct 202336185.443.09$1,115
Sep 202335489.042.74$968
Aug 202336980.522.67$986
Jul 202338274.852.64$1,009
Jun 202335868.962.26$809
May 202337270.622.23$829
Apr 202335678.122.24$797
Mar 202337572.852.39$897
Feb 202333675.112.47$828
Jan 202337576.533.39$1,270
Dec 202237776.415.73$2,160
Nov 202236185.005.65$2,038
Oct 202237387.185.86$2,187
Sep 202236584.888.16$2,980
Aug 202238994.529.13$3,550
Jul 2022368101.587.54$2,775
Jun 2022382115.097.98$3,047
May 2022251109.378.43$2,117
Apr 2022354104.226.84$2,421
Mar 2022373108.885.08$1,894
Feb 202233691.054.86$1,633
Jan 202236881.844.54$1,670
Dec 202138371.323.90$1,493
Nov 202137177.435.24$1,943
Oct 202138779.795.71$2,211
Sep 202137969.865.35$2,028
Aug 202139666.024.22$1,671
Jul 202139770.783.98$1,581
Jun 202138769.493.38$1,308
May 202142363.483.02$1,276
Apr 202125460.362.76$701
Mar 202137661.302.72$1,022
Feb 202119957.805.55$1,104
Jan 202138450.412.81$1,079
Dec 202039144.642.68$1,046
Nov 202037838.772.71$1,023
Oct 202037336.972.48$924
Sep 202038537.091.99$767
Aug 202040439.982.39$964
Jul 202039538.371.83$721
Jun 202038434.901.69$649
May 202040016.921.81$726
Apr 202039714.751.80$716
Mar 202042930.341.86$796
Feb 202021649.881.98$428
Jan 202040157.252.09$840
Dec 201941259.012.30$949
Nov 201940655.302.75$1,117
Oct 201942653.472.42$1,030
Sep 201941155.052.66$1,092
Aug 201944453.112.30$1,023
Jul 201951456.272.46$1,264
Jun 201917652.782.49$438
May 20196858.482.74$186
Apr 2019662.632.75$17
Mar 2019056.803.06$0
Feb 201930350.852.79$846
Jan 201939846.033.23$1,285
Dec 2018046.594.19$0
Nov 2018052.934.24$0
Oct 201833961.443.40$1,152
Sep 201832259.543.11$1,001
Aug 201836359.403.07$1,113
Jul 201840265.142.93$1,179
Jun 201839960.183.08$1,228
May 201842965.382.90$1,244
Apr 201845963.842.90$1,331
Mar 201818661.222.79$518
Feb 201839061.782.77$1,079
Jan 201844862.874.01$1,796
Dec 201740357.272.92$1,177
Nov 201723955.423.12$745
Oct 201722749.292.98$677
Sep 201715947.523.09$491
Aug 201722945.373.00$688
Jul 201723543.873.09$726
Jun 201738942.493.09$1,201
May 201742545.373.26$1,387
Apr 201742647.933.21$1,368
Mar 201721146.772.98$630
Feb 201730950.452.95$912
Jan 201741949.413.42$1,432
Dec 201641948.763.72$1,560
Nov 201641442.492.64$1,095
Oct 201643446.193.09$1,341
Sep 201636141.553.10$1,119
Aug 201636141.442.92$1,056
Jul 201642241.622.92$1,234
Jun 201641345.352.69$1,109
May 201642042.521.99$836
Apr 201641936.561.99$834
Mar 201644233.011.79$793
Feb 201638926.472.06$803
Jan 201643827.352.36$1,036
Dec 201544532.362.00$891
Nov 201543138.792.17$934
Oct 201544443.552.43$1,077
Sep 201543542.992.76$1,200
Aug 201542140.162.87$1,209
Jul 201544248.152.95$1,302
Jun 201545256.152.88$1,303
May 201532555.212.96$961
Apr 201543349.822.71$1,172
Mar 201542842.892.93$1,256
Feb 201534644.662.98$1,030
Jan 201545943.433.10$1,423
Dec 201445354.693.59$1,627
Nov 201442270.464.25$1,794
Oct 201444478.303.90$1,732
Sep 201433586.164.05$1,355
Aug 201433889.394.04$1,364
Jul 201446996.564.18$1,960
Jun 201441998.164.74$1,985
May 201442594.734.73$2,009
Apr 201447695.944.81$2,289
Mar 201453095.895.06$2,680
Feb 201436097.406.19$2,229
Jan 2014090.404.86$0
Dec 2013091.824.35$0
Nov 20139688.853.74$359
Oct 201347597.423.78$1,795
Sep 2013465104.113.72$1,729
Aug 2013482104.253.52$1,698
Jul 2013479102.523.72$1,781
Jun 201348494.403.93$1,904
May 201344194.834.15$1,830
Apr 20132393.964.28$99
Mar 201347193.623.91$1,843
Feb 201343191.233.42$1,474
Jan 201345691.603.42$1,559
Dec 201247186.773.42$1,611
Nov 201243286.953.62$1,566
Oct 201245089.383.40$1,530
Sep 201245394.672.92$1,322
Aug 201247392.662.91$1,376
Jul 201247985.133.02$1,447
Jun 201248679.822.52$1,224
May 201237491.612.49$931
Apr 2012464101.652.00$927
Mar 2012480105.052.22$1,067
Feb 2012450101.102.57$1,157
Jan 201247198.092.73$1,288
Dec 201148796.873.24$1,578
Nov 201145395.723.31$1,500
Oct 201150284.983.65$1,832
Sep 201149783.623.99$1,981
Aug 201151583.404.15$2,137
Jul 201148994.144.52$2,209
Jun 201148192.904.64$2,232
May 201150898.134.40$2,238
Apr 2011468105.964.33$2,028
Mar 201145396.364.06$1,838
Feb 201145385.644.18$1,894
Jan 201149286.504.59$2,258
Dec 201044385.734.35$1,926
Nov 201051680.843.80$1,958
Oct 201052378.103.51$1,835
Sep 201051472.633.98$2,045
Aug 201052173.684.42$2,302
Jul 201054772.554.74$2,591
Jun 201052670.364.91$2,583
May 201036471.124.24$1,542
Apr 201047981.694.12$1,975
Mar 201052178.394.39$2,287
Feb 201050073.585.44$2,721
Jan 201046574.365.96$2,773
Dec 200955271.445.48$3,027
Nov 200954574.593.75$2,045
Oct 200956472.544.11$2,318
Sep 200953765.543.06$1,646
Aug 200955267.423.22$1,777
Jul 200956561.133.46$1,957
Jun 200945466.163.90$1,768
May 200955154.743.93$2,163
Apr 200954646.773.59$1,959
Mar 200956342.144.06$2,285
Feb 200951232.814.63$2,372
Jan 200954835.865.37$2,943
Dec 200856137.105.98$3,353
Nov 200855055.496.86$3,773
Oct 200857275.246.92$3,959
Sep 2008560101.767.88$4,411
Aug 2008584114.228.48$4,954
Jul 2008607131.0811.39$6,913
Jun 2008585131.3313.03$7,624
May 2008598123.1711.57$6,921
Apr 2008575110.3110.45$6,012
Mar 2008595101.909.66$5,750
Feb 200858392.538.77$5,113
Jan 200849890.388.21$4,086
Dec 200760788.337.30$4,432
Nov 200760691.677.29$4,419
Oct 200762482.856.92$4,319
Sep 200760875.846.24$3,796
Aug 200763469.066.39$4,050
Jul 200764270.906.39$4,101
Jun 200764162.007.55$4,839
May 200757658.747.85$4,519
Apr 200761059.617.81$4,761
Mar 200766256.927.30$4,834
Feb 200761555.108.22$5,053
Jan 200769850.306.73$4,695
Dec 200663956.656.92$4,421
Nov 200662254.207.62$4,738
Oct 200668154.906.01$4,095
Sep 200665660.085.04$3,304
Aug 200665568.717.34$4,808
Jul 200670669.376.34$4,478
Jun 200665966.286.38$4,207
May 200663366.016.42$4,067
Apr 200665864.397.36$4,843
Mar 200667956.707.08$4,809
Feb 200661957.597.75$4,798
Jan 200671160.598.93$6,352
Dec 200571454.9413.42$9,579
Nov 200575554.6910.59$7,994
Oct 200555858.3413.80$7,698
Sep 200562761.4512.08$7,574
Aug 200542761.519.80$4,183
Jul 200554355.697.84$4,259
Jun 2005052.337.38$0
May 200529645.226.65$1,969
Apr 200564849.207.36$4,770
Mar 200570950.377.15$5,073
Feb 200567245.226.31$4,242
Jan 200573843.166.32$4,666
Dec 200468139.866.75$4,597
Nov 200467945.286.33$4,298
Oct 200475049.706.52$4,886
Sep 200473243.245.28$3,868
Aug 200476142.375.55$4,224
Jul 200468838.286.08$4,186
Jun 200469736.106.43$4,484
May 200463837.486.49$4,144
Apr 200469434.475.86$4,066
Mar 200472134.365.53$3,987
Feb 200463332.455.51$3,488
Jan 200470132.036.30$4,416
Dec 200375530.266.30$4,758
Nov 200375528.804.60$3,469
Oct 200377128.174.76$3,670
Sep 200375626.314.75$3,591
Aug 200371229.765.13$3,652
Jul 200375129.415.17$3,883
Jun 200371128.565.98$4,254
May 200363526.595.97$3,793
Apr 200370226.675.41$3,796
Mar 200372131.146.10$4,395
Feb 200365433.487.93$5,184
Jan 200372630.315.58$4,053
Dec 200275226.914.85$3,650
Nov 200272824.664.14$3,012
Oct 200272826.464.23$3,079
Sep 200273427.443.64$2,668
Aug 200270525.963.16$2,231
Jul 200276124.583.06$2,330
Jun 200258823.733.34$1,963
May 200275624.663.58$2,710
Apr 200270823.653.51$2,487
Mar 200274122.003.10$2,299
Feb 200268518.222.38$1,627
Jan 200272817.172.38$1,730
Dec 200175316.932.36$1,780
Nov 200172318.072.41$1,739
Oct 200178619.782.53$1,988
Sep 200172924.262.25$1,641
Aug 200186024.873.05$2,626
Jul 200175723.933.20$2,420
Jun 200177824.563.82$2,975
May 200183425.524.31$3,592
Apr 200177124.685.34$4,114
Mar 200181524.545.38$4,382
Feb 200186327.755.77$4,977
Jan 200154427.478.40$4,569
Dec 200081826.889.12$7,462
Nov 200074932.215.66$4,238
Oct 200083931.235.15$4,317
Sep 200063431.875.19$3,288
Aug 200057429.644.54$2,606
Jul 200061528.534.09$2,515
Jun 200066029.304.40$2,902
May 200069227.263.68$2,546
Apr 200068924.513.12$2,147
Mar 200071628.422.86$2,048
Feb 200078027.622.73$2,127
Jan 200082825.272.48$2,054
Dec 199972124.282.42$1,748
Nov 199983423.192.43$2,030
Oct 199972020.982.80$2,019
Sep 199976921.752.62$2,014
Aug 199975719.262.88$2,177
Jul 199976417.892.37$1,812
Jun 199974415.942.36$1,757
May 199976315.792.32$1,771
Apr 199966515.102.21$1,468
Mar 199985512.471.84$1,572
Feb 19997919.981.82$1,438
Jan 199976910.381.90$1,461
Dec 19988009.201.77$1,419
Nov 199884510.892.19$1,847
Oct 199874112.421.97$1,459
Sep 199879712.592.08$1,660
Aug 199880011.301.91$1,526
Jul 199882611.742.24$1,848
Jun 199884111.242.24$1,882
May 199874112.622.21$1,635
Apr 199884513.042.51$2,117
Mar 199883012.802.31$1,917
Feb 199880213.952.30$1,844
Jan 199888214.702.15$1,901
Dec 199783316.322.41$2,008
Nov 199779718.193.09$2,461
Oct 199780519.253.15$2,536
Sep 199780817.742.95$2,388
Aug 199787117.862.55$2,225
Jul 199787017.582.25$1,955
Jun 199781017.242.26$1,828
May 199788418.972.31$2,041
Apr 199787117.882.08$1,814
Mar 199798018.951.94$1,900
Feb 199786920.492.21$1,917
Jan 199790023.483.54$3,186
Dec 199698223.32$0
Nov 199692021.97$0
Oct 199678623.31$0
Sep 199672022.22$0
Aug 199682120.26$0
Jul 199684819.55$0
Jun 199687218.73$0
May 199692219.43$0
Apr 199673721.51$0
Mar 199662419.38$0
Feb 199659416.98$0
Jan 199669317.07$0
Dec 199578917.19$0
Nov 199567116.00$0
Oct 199563115.43$0
Sep 199552616.18$0
Aug 199540115.92$0
Jul 199558215.24$0
Jun 199583916.41$0
May 199581817.56$0
Apr 199594017.73$0
Mar 199578616.44$0
Feb 199573616.58$0
Jan 199580715.92$0
Dec 199487315.03$0
Nov 199489215.90$0
Oct 19941,02215.58$0
Sep 19941,02815.29$0
Aug 19941,03816.13$0
Jul 19941,03617.56$0
Jun 199495917.09$0
May 19941,01715.88$0
Apr 19941,13614.14$0
Mar 199496412.46$0
Feb 199496312.50$0
Jan 19941,14912.66$0
Dec 19931,13612.33$0
Nov 19931,14914.49$0
Oct 19931,18015.85$0
Sep 19931,22415.03$0
Aug 19931,32015.66$0
Jul 19931,44615.46$0
Jun 19931,09816.79$0
May 19931,40617.68$0
Apr 19931,35118.05$0
Mar 19931,16318.14$0
Feb 19931,18017.90$0
Jan 19931,30616.93$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                  340 Mcf  × $  2.87 =       $976

────────────────────────────────────────────────────
Month total                                     $976

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/41136 is the state's own key, not one this site invented.