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 41137District 10Field 68831200Hydrogen sulphide fieldNGPA filingGasSaveExport
Value, all time
$279 k
Jan 1993 – May 2026
Value, last 12 filed months
$3 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
GasProduction95,898 Mcf$278,679
Total$278,679

27,613 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 35.5689, -101.8261. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.56887, -101.82614 · 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
1,935 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 1,935 ft.

Completions filed
Sep 1967
1 of 1 wells

1 well

42-3750039020 R1,935 ftSep 1967

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 20262798.932.87$77
Mar 20266789.753.15$211
Feb 20266263.503.75$233
Jan 20263359.138.00$264
Dec 20251256.664.41$53
Nov 20256758.593.93$263
Oct 20259559.383.30$314
Sep 202511762.743.08$360
Aug 202513163.933.01$395
Jul 20258166.743.32$269
Jun 202512366.483.13$385
May 20252960.553.23$94
Apr 20258962.363.54$315
Mar 20256167.704.27$260
Feb 20254870.884.34$208
Jan 2025074.324.28$0
Dec 20242368.993.12$72
Nov 20242369.052.20$51
Oct 20247471.372.28$169
Sep 20246369.612.36$149
Aug 20248475.632.06$173
Jul 202411879.932.15$253
Jun 202412878.082.63$337
May 20249578.812.20$209
Apr 20248784.451.66$144
Mar 20249080.301.55$139
Feb 20247276.091.78$128
Jan 20241073.023.30$33
Dec 20236871.262.61$178
Nov 20239677.892.81$270
Oct 202312085.443.09$370
Sep 20236889.042.74$186
Aug 20237380.522.67$195
Jul 20231174.852.64$29
Jun 2023968.962.26$20
May 202313270.622.23$294
Apr 202313978.122.24$311
Mar 20235672.852.39$134
Feb 20233175.112.47$76
Jan 20237476.533.39$251
Dec 20224676.415.73$264
Nov 20226685.005.65$373
Oct 202210787.185.86$627
Sep 202210884.888.16$882
Aug 202211894.529.13$1,077
Jul 2022131101.587.54$988
Jun 2022144115.097.98$1,149
May 2022135109.378.43$1,138
Apr 202298104.226.84$670
Mar 202239108.885.08$198
Feb 20226391.054.86$306
Jan 20227481.844.54$336
Dec 202112271.323.90$476
Nov 202113977.435.24$728
Oct 202114379.795.71$817
Sep 202113869.865.35$738
Aug 202111966.024.22$502
Jul 202111970.783.98$474
Jun 20219969.493.38$335
May 202114963.483.02$450
Apr 20215360.362.76$146
Mar 202110261.302.72$277
Feb 20218757.805.55$483
Jan 20217350.412.81$205
Dec 20207744.642.68$206
Nov 202012538.772.71$338
Oct 202012336.972.48$305
Sep 202013837.091.99$275
Aug 202014839.982.39$353
Jul 202013538.371.83$246
Jun 202012534.901.69$211
May 202013516.921.81$245
Apr 202014714.751.80$265
Mar 20207230.341.86$134
Feb 20207149.881.98$141
Jan 20201957.252.09$40
Dec 201910859.012.30$249
Nov 201915255.302.75$418
Oct 201911053.472.42$266
Sep 201915755.052.66$417
Aug 201918453.112.30$424
Jul 201915456.272.46$379
Jun 20193452.782.49$85
May 20198258.482.74$225
Apr 20197362.632.75$201
Mar 201913856.803.06$423
Feb 201913850.852.79$385
Jan 201910246.033.23$329
Dec 2018046.594.19$0
Nov 2018052.934.24$0
Oct 201817361.443.40$588
Sep 201817059.543.11$528
Aug 201815659.403.07$478
Jul 201812265.142.93$358
Jun 201818060.183.08$554
May 201816065.382.90$464
Apr 20189863.842.90$284
Mar 20187061.222.79$195
Feb 201815661.782.77$432
Jan 201811562.874.01$461
Dec 201710257.272.92$298
Nov 201718055.423.12$561
Oct 201710949.292.98$325
Sep 20179947.523.09$306
Aug 201716845.373.00$505
Jul 20174743.873.09$145
Jun 201712642.493.09$389
May 201715245.373.26$496
Apr 201713847.933.21$443
Mar 201717446.772.98$519
Feb 201712850.452.95$378
Jan 201710149.413.42$345
Dec 201619148.763.72$711
Nov 201618542.492.64$489
Oct 201619646.193.09$606
Sep 201615441.553.10$478
Aug 201615941.442.92$465
Jul 201624041.622.92$702
Jun 201617245.352.69$462
May 201613042.521.99$259
Apr 201614436.561.99$287
Mar 201621933.011.79$393
Feb 201610026.472.06$206
Jan 201618027.352.36$426
Dec 201510832.362.00$216
Nov 201518038.792.17$390
Oct 201521243.552.43$514
Sep 201525542.992.76$703
Aug 201515840.162.87$454
Jul 201512848.152.95$377
Jun 201517256.152.88$496
May 20159455.212.96$278
Apr 201518949.822.71$512
Mar 201516042.892.93$470
Feb 201522244.662.98$661
Jan 201512643.433.10$391
Dec 20148254.693.59$294
Nov 20147370.464.25$310
Oct 201423978.303.90$932
Sep 20147786.164.05$312
Aug 201411789.394.04$472
Jul 201412396.564.18$514
Jun 201415698.164.74$739
May 201414194.734.73$666
Apr 201416495.944.81$789
Mar 201416595.895.06$834
Feb 201414797.406.19$910
Jan 201423390.404.86$1,133
Dec 201310091.824.35$435
Nov 201315388.853.74$572
Oct 201319497.423.78$733
Sep 2013174104.113.72$647
Aug 2013194104.253.52$683
Jul 2013152102.523.72$565
Jun 201317194.403.93$673
May 201318494.834.15$763
Apr 201317193.964.28$732
Mar 201320593.623.91$802
Feb 201317591.233.42$598
Jan 201320891.603.42$711
Dec 201220286.773.42$691
Nov 201221386.953.62$772
Oct 201222389.383.40$758
Sep 201220494.672.92$595
Aug 201220792.662.91$602
Jul 201219885.133.02$598
Jun 201223679.822.52$594
May 201221291.612.49$528
Apr 2012187101.652.00$373
Mar 2012222105.052.22$493
Feb 2012191101.102.57$491
Jan 201223098.092.73$629
Dec 201111696.873.24$376
Nov 201121095.723.31$695
Oct 201119984.983.65$726
Sep 201118383.623.99$729
Aug 201117183.404.15$710
Jul 201118394.144.52$827
Jun 201118992.904.64$877
May 201117498.134.40$766
Apr 2011204105.964.33$884
Mar 201118596.364.06$751
Feb 20117185.644.18$297
Jan 201118586.504.59$849
Dec 201012285.734.35$530
Nov 201021180.843.80$801
Oct 201018378.103.51$642
Sep 201014172.633.98$561
Aug 201016173.684.42$712
Jul 201016372.554.74$772
Jun 201024570.364.91$1,203
May 201019971.124.24$843
Apr 201019781.694.12$812
Mar 201019378.394.39$847
Feb 2010973.585.44$49
Jan 201018274.365.96$1,085
Dec 200916471.445.48$899
Nov 200916574.593.75$619
Oct 200919572.544.11$802
Sep 200920465.543.06$625
Aug 200921867.423.22$702
Jul 200917661.133.46$610
Jun 200918766.163.90$728
May 200918854.743.93$738
Apr 200918046.773.59$646
Mar 200921142.144.06$856
Feb 200922032.814.63$1,019
Jan 200916335.865.37$875
Dec 200825337.105.98$1,512
Nov 200815555.496.86$1,063
Oct 200810975.246.92$755
Sep 2008376101.767.88$2,962
Aug 2008235114.228.48$1,994
Jul 2008257131.0811.39$2,927
Jun 2008244131.3313.03$3,180
May 2008233123.1711.57$2,697
Apr 2008269110.3110.45$2,812
Mar 2008213101.909.66$2,058
Feb 200825192.538.77$2,201
Jan 200818290.388.21$1,493
Dec 20076888.337.30$497
Nov 200721991.677.29$1,597
Oct 200733282.856.92$2,298
Sep 200724775.846.24$1,542
Aug 200736469.066.39$2,325
Jul 200727070.906.39$1,725
Jun 200714162.007.55$1,064
May 200724158.747.85$1,891
Apr 200721359.617.81$1,663
Mar 200715656.927.30$1,139
Feb 20073355.108.22$271
Jan 20075150.306.73$343
Dec 20063156.656.92$214
Nov 200612054.207.62$914
Oct 200619754.906.01$1,185
Sep 200614760.085.04$740
Aug 200631668.717.34$2,319
Jul 200635069.376.34$2,220
Jun 200630566.286.38$1,947
May 20068066.016.42$514
Apr 200628864.397.36$2,120
Mar 200625356.707.08$1,792
Feb 200620357.597.75$1,573
Jan 200619560.598.93$1,742
Dec 200514654.9413.42$1,959
Nov 200538554.6910.59$4,077
Oct 200529158.3413.80$4,015
Sep 200523761.4512.08$2,863
Aug 200526761.519.80$2,616
Jul 200520055.697.84$1,569
Jun 200516352.337.38$1,203
May 200511245.226.65$745
Apr 20052049.207.36$147
Mar 2005050.377.15$0
Feb 2005145.226.31$6
Jan 2005343.166.32$19
Dec 2004039.866.75$0
Nov 20042445.286.33$152
Oct 200411349.706.52$736
Sep 200426143.245.28$1,379
Aug 200416142.375.55$894
Jul 20047938.286.08$481
Jun 200419036.106.43$1,222
May 200433037.486.49$2,143
Apr 20042734.475.86$158
Mar 20043134.365.53$171
Feb 2004732.455.51$39
Jan 2004532.036.30$32
Dec 20035830.266.30$366
Nov 200316228.804.60$744
Oct 200317228.174.76$819
Sep 200313326.314.75$632
Aug 200318729.765.13$959
Jul 200328729.415.17$1,484
Jun 200325128.565.98$1,502
May 200323326.595.97$1,392
Apr 200319726.675.41$1,065
Mar 20031331.146.10$79
Feb 200311433.487.93$904
Jan 200312030.315.58$670
Dec 200212926.914.85$626
Nov 200212924.664.14$534
Oct 200225726.464.23$1,087
Sep 200236927.443.64$1,341
Aug 200243725.963.16$1,383
Jul 200243624.583.06$1,335
Jun 200246123.733.34$1,539
May 200233924.663.58$1,215
Apr 200228223.653.51$990
Mar 200231422.003.10$974
Feb 200227418.222.38$651
Jan 200235117.172.38$834
Dec 200133716.932.36$797
Nov 200141418.072.41$996
Oct 200143119.782.53$1,090
Sep 200135924.262.25$808
Aug 200138124.873.05$1,163
Jul 200145723.933.20$1,461
Jun 200137624.563.82$1,438
May 200132725.524.31$1,408
Apr 200131924.685.34$1,702
Mar 200121324.545.38$1,145
Feb 200122227.755.77$1,280
Jan 200110827.478.40$907
Dec 200035626.889.12$3,248
Nov 200038932.215.66$2,201
Oct 200037131.235.15$1,909
Sep 200040731.875.19$2,111
Aug 200044829.644.54$2,034
Jul 200040428.534.09$1,652
Jun 200046529.304.40$2,045
May 200048527.263.68$1,785
Apr 200047524.513.12$1,480
Mar 200048828.422.86$1,396
Feb 200030627.622.73$834
Jan 200041225.272.48$1,022
Dec 199931424.282.42$761
Nov 199940023.192.43$974
Oct 199943020.982.80$1,206
Sep 199949321.752.62$1,291
Aug 199951119.262.88$1,469
Jul 199957517.892.37$1,364
Jun 199930715.942.36$725
May 199953515.792.32$1,242
Apr 199942815.102.21$945
Mar 199922012.471.84$404
Feb 19993329.981.82$604
Jan 199928110.381.90$534
Dec 19983539.201.77$626
Nov 199824510.892.19$536
Oct 199851512.421.97$1,014
Sep 199849912.592.08$1,039
Aug 199851311.301.91$978
Jul 199856811.742.24$1,271
Jun 199849111.242.24$1,099
May 199843512.622.21$960
Apr 199837113.042.51$929
Mar 199846712.802.31$1,079
Feb 199819513.952.30$448
Jan 199836114.702.15$778
Dec 199746116.322.41$1,112
Nov 199745818.193.09$1,414
Oct 199744819.253.15$1,411
Sep 199745717.742.95$1,350
Aug 199748317.862.55$1,234
Jul 199744517.582.25$1,000
Jun 199751417.242.26$1,160
May 199748918.972.31$1,129
Apr 199741417.882.08$862
Mar 199744618.951.94$865
Feb 199743720.492.21$964
Jan 199741623.483.54$1,473
Dec 199651523.32$0
Nov 199654021.97$0
Oct 199661223.31$0
Sep 199652022.22$0
Aug 199648820.26$0
Jul 199657719.55$0
Jun 199661118.73$0
May 199656819.43$0
Apr 199655521.51$0
Mar 199649319.38$0
Feb 199645616.98$0
Jan 199643917.07$0
Dec 199551117.19$0
Nov 199558316.00$0
Oct 199565115.43$0
Sep 199551916.18$0
Aug 199532915.92$0
Jul 199542815.24$0
Jun 199563316.41$0
May 199561917.56$0
Apr 199562817.73$0
Mar 199555416.44$0
Feb 199550016.58$0
Jan 199547415.92$0
Dec 199450415.03$0
Nov 199458215.90$0
Oct 199466315.58$0
Sep 199468815.29$0
Aug 199469416.13$0
Jul 199469417.56$0
Jun 199464717.09$0
May 199461215.88$0
Apr 199464014.14$0
Mar 199455812.46$0
Feb 199441512.50$0
Jan 199457112.66$0
Dec 199354712.33$0
Nov 199357114.49$0
Oct 199362215.85$0
Sep 199363515.03$0
Aug 199371815.66$0
Jul 199374515.46$0
Jun 199365416.79$0
May 199370017.68$0
Apr 199365018.05$0
Mar 199356418.14$0
Feb 199351417.90$0
Jan 199362216.93$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                   27 Mcf  × $  2.87 =        $77

────────────────────────────────────────────────────
Month total                                      $77

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/41137 is the state's own key, not one this site invented.