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 43398District 10Field 68831200Hydrogen sulphide fieldGasSaveExport
Value, all time
$642 k
Jan 1993 – May 2026
Value, last 12 filed months
$1 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
GasProduction294,513 Mcf$641,728
Total$641,728

145,564 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 35.5917, -101.9180. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.59175, -101.91795 · 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
2,173 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 2,173 ft.

Completions filed
Aug 1967
1 of 1 wells

1 well

42-3752004823 R2,173 ftAug 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 2026098.932.87$0
Mar 20261389.753.15$41
Feb 2026063.503.75$0
Jan 2026059.138.00$0
Dec 20253256.664.41$141
Nov 20251058.593.93$39
Oct 2025059.383.30$0
Sep 2025362.743.08$9
Aug 2025963.933.01$27
Jul 202511866.743.32$391
Jun 202522266.483.13$695
May 202531260.553.23$1,008
Apr 202538362.363.54$1,357
Mar 202529567.704.27$1,259
Feb 202530870.884.34$1,337
Jan 202510374.324.28$441
Dec 202410868.993.12$337
Nov 202412869.052.20$281
Oct 20241771.372.28$39
Sep 20243169.612.36$73
Aug 20244275.632.06$87
Jul 20247379.932.15$157
Jun 2024978.082.63$24
May 20241578.812.20$33
Apr 2024084.451.66$0
Mar 2024380.301.55$5
Feb 2024176.091.78$2
Jan 202433473.023.30$1,101
Dec 202337671.262.61$982
Nov 202336877.892.81$1,033
Oct 202330785.443.09$948
Sep 202329789.042.74$812
Aug 202329080.522.67$775
Jul 20238974.852.64$235
Jun 202326668.962.26$601
May 202331370.622.23$697
Apr 202334278.122.24$765
Mar 202326872.852.39$641
Feb 202331075.112.47$764
Jan 20233176.533.39$105
Dec 202234176.415.73$1,954
Nov 202232185.005.65$1,812
Oct 202235087.185.86$2,052
Sep 202234884.888.16$2,841
Aug 202239894.529.13$3,633
Jul 2022448101.587.54$3,379
Jun 2022365115.097.98$2,912
May 2022351109.378.43$2,960
Apr 2022327104.226.84$2,236
Mar 2022397108.885.08$2,015
Feb 202229791.054.86$1,443
Jan 202235481.844.54$1,606
Dec 202128871.323.90$1,123
Nov 202133977.435.24$1,775
Oct 202136179.795.71$2,063
Sep 202136569.865.35$1,953
Aug 202144766.024.22$1,887
Jul 202133070.783.98$1,314
Jun 202131369.493.38$1,058
May 202138363.483.02$1,156
Apr 202123060.362.76$634
Mar 202142361.302.72$1,149
Feb 202117157.805.55$949
Jan 202140250.412.81$1,130
Dec 202038544.642.68$1,030
Nov 202025438.772.71$687
Oct 202036136.972.48$895
Sep 202042337.091.99$842
Aug 202023739.982.39$565
Jul 202046838.371.83$854
Jun 202035234.901.69$595
May 202014616.921.81$265
Apr 202022014.751.80$397
Mar 20207530.341.86$139
Feb 20201149.881.98$22
Jan 20201457.252.09$29
Dec 20192659.012.30$60
Nov 2019055.302.75$0
Oct 2019053.472.42$0
Sep 2019055.052.66$0
Aug 20191353.112.30$30
Jul 2019056.272.46$0
Jun 2019052.782.49$0
May 2019058.482.74$0
Apr 2019062.632.75$0
Mar 2019056.803.06$0
Feb 20193750.852.79$103
Jan 201914646.033.23$471
Dec 20182646.594.19$109
Nov 201810952.934.24$462
Oct 201810561.443.40$357
Sep 20181559.543.11$47
Aug 2018059.403.07$0
Jul 2018065.142.93$0
Jun 2018760.183.08$22
May 20181865.382.90$52
Apr 20185663.842.90$162
Mar 2018061.222.79$0
Feb 20184561.782.77$124
Jan 201823962.874.01$958
Dec 201718957.272.92$552
Nov 201721655.423.12$674
Oct 20176349.292.98$188
Sep 20171647.523.09$49
Aug 20172345.373.00$69
Jul 20173543.873.09$108
Jun 201714342.493.09$441
May 201727245.373.26$888
Apr 201720847.933.21$668
Mar 201734246.772.98$1,020
Feb 201737350.452.95$1,101
Jan 201739949.413.42$1,364
Dec 201631548.763.72$1,173
Nov 201620142.492.64$532
Oct 2016046.193.09$0
Sep 201613241.553.10$409
Aug 201614341.442.92$418
Jul 201634041.622.92$994
Jun 201640245.352.69$1,080
May 201653242.521.99$1,059
Apr 201645336.561.99$902
Mar 201655033.011.79$987
Feb 201639226.472.06$809
Jan 201657027.352.36$1,348
Dec 201546432.362.00$929
Nov 20159738.792.17$210
Oct 2015043.552.43$0
Sep 2015042.992.76$0
Aug 2015240.162.87$6
Jul 2015048.152.95$0
Jun 2015456.152.88$12
May 201513555.212.96$399
Apr 201545449.822.71$1,229
Mar 201543242.892.93$1,268
Feb 201546944.662.98$1,396
Jan 201546143.433.10$1,429
Dec 201433054.693.59$1,185
Nov 201414270.464.25$604
Oct 201413678.303.90$531
Sep 20144186.164.05$166
Aug 20147289.394.04$291
Jul 20144996.564.18$205
Jun 201414398.164.74$677
May 201441494.734.73$1,957
Apr 201441495.944.81$1,991
Mar 201446595.895.06$2,351
Feb 201448997.406.19$3,028
Jan 201453490.404.86$2,596
Dec 201349891.824.35$2,169
Nov 201356288.853.74$2,101
Oct 201358897.423.78$2,222
Sep 2013588104.113.72$2,186
Aug 2013620104.253.52$2,184
Jul 2013624102.523.72$2,320
Jun 201367894.403.93$2,667
May 201355594.834.15$2,303
Apr 201367693.964.28$2,895
Mar 201362693.623.91$2,449
Feb 201358391.233.42$1,994
Jan 201365991.603.42$2,254
Dec 201265886.773.42$2,250
Nov 201264986.953.62$2,353
Oct 201266789.383.40$2,268
Sep 201264294.672.92$1,874
Aug 201266192.662.91$1,922
Jul 201272385.133.02$2,184
Jun 201270479.822.52$1,773
May 201268591.612.49$1,705
Apr 2012674101.652.00$1,346
Mar 2012721105.052.22$1,602
Feb 2012580101.102.57$1,491
Jan 201265698.092.73$1,794
Dec 201168596.873.24$2,219
Nov 201170295.723.31$2,325
Oct 201172784.983.65$2,652
Sep 201171583.623.99$2,850
Aug 201173583.404.15$3,050
Jul 201174994.144.52$3,383
Jun 201174492.904.64$3,452
May 201177598.134.40$3,414
Apr 2011797105.964.33$3,454
Mar 201184696.364.06$3,433
Feb 201159885.644.18$2,500
Jan 201184286.504.59$3,864
Dec 201070285.734.35$3,052
Nov 201080480.843.80$3,051
Oct 201079678.103.51$2,793
Sep 201075272.633.98$2,993
Aug 201078473.684.42$3,465
Jul 201073372.554.74$3,472
Jun 201074370.364.91$3,648
May 201078571.124.24$3,325
Apr 201088081.694.12$3,628
Mar 201092578.394.39$4,060
Feb 201043873.585.44$2,384
Jan 201087074.365.96$5,189
Dec 200989071.445.48$4,881
Nov 200982474.593.75$3,091
Oct 200980872.544.11$3,321
Sep 200983465.543.06$2,556
Aug 200956167.423.22$1,806
Jul 200958561.133.46$2,027
Jun 200973966.163.90$2,878
May 200973654.743.93$2,889
Apr 200971246.773.59$2,554
Mar 200981642.144.06$3,312
Feb 200979332.814.63$3,674
Jan 200987835.865.37$4,716
Dec 200885437.105.98$5,104
Nov 200889555.496.86$6,140
Oct 200899075.246.92$6,853
Sep 2008981101.767.88$7,727
Aug 20081,066114.228.48$9,043
Jul 20081,069131.0811.39$12,175
Jun 20081,078131.3313.03$14,049
May 20081,005123.1711.57$11,632
Apr 20081,098110.3110.45$11,479
Mar 2008992101.909.66$9,587
Feb 200898792.538.77$8,657
Jan 20081,11590.388.21$9,149
Dec 200792388.337.30$6,740
Nov 20071,07291.677.29$7,817
Oct 20071,17782.856.92$8,147
Sep 20071,27675.846.24$7,968
Aug 20071,32669.066.39$8,470
Jul 20071,31170.906.39$8,375
Jun 20071,31462.007.55$9,919
May 20071,43758.747.85$11,275
Apr 20071,44059.617.81$11,239
Mar 20071,51156.927.30$11,033
Feb 20071,23855.108.22$10,171
Jan 200793350.306.73$6,276
Dec 20061,50356.656.92$10,398
Nov 20061,80454.207.62$13,742
Oct 20063,01854.906.01$18,150
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 19981,70712.592.08$3,555
Aug 19982,01411.301.91$3,841
Jul 19981,90811.742.24$4,269
Jun 19981,88911.242.24$4,226
May 19981,82312.622.21$4,022
Apr 19981,56813.042.51$3,928
Mar 19981,80212.802.31$4,162
Feb 19981,79913.952.30$4,136
Jan 19982,00114.702.15$4,312
Dec 19972,06316.322.41$4,974
Nov 19972,02218.193.09$6,244
Oct 19972,11619.253.15$6,665
Sep 19972,20317.742.95$6,510
Aug 19972,36617.862.55$6,045
Jul 19972,42217.582.25$5,442
Jun 19972,25817.242.26$5,097
May 19972,29318.972.31$5,293
Apr 19972,23517.882.08$4,655
Mar 19972,25118.951.94$4,365
Feb 19972,02120.492.21$4,458
Jan 19972,17623.483.54$7,702
Dec 19962,20423.32$0
Nov 19962,16721.97$0
Oct 19962,42323.31$0
Sep 19962,08722.22$0
Aug 19962,32020.26$0
Jul 19962,57619.55$0
Jun 19962,49518.73$0
May 19962,64519.43$0
Apr 19962,48121.51$0
Mar 19962,40319.38$0
Feb 19962,30816.98$0
Jan 19962,39017.07$0
Dec 19952,51617.19$0
Nov 19952,44416.00$0
Oct 19952,58315.43$0
Sep 19952,38216.18$0
Aug 19952,55215.92$0
Jul 19952,45315.24$0
Jun 19952,28716.41$0
May 19952,31817.56$0
Apr 19952,64717.73$0
Mar 19953,16016.44$0
Feb 19952,60816.58$0
Jan 19952,83815.92$0
Dec 19943,12515.03$0
Nov 19943,01315.90$0
Oct 19943,43315.58$0
Sep 19943,44715.29$0
Aug 19943,32816.13$0
Jul 19943,74917.56$0
Jun 19943,09417.09$0
May 19943,57415.88$0
Apr 19943,34214.14$0
Mar 19943,68012.46$0
Feb 19943,63312.50$0
Jan 19943,70012.66$0
Dec 19933,37412.33$0
Nov 19933,97914.49$0
Oct 19933,71515.85$0
Sep 19932,67715.03$0
Aug 19933,94115.66$0
Jul 19934,30615.46$0
Jun 19933,25116.79$0
May 19934,18417.68$0
Apr 19934,19218.05$0
Mar 19933,83618.14$0
Feb 19933,71217.90$0
Jan 19933,99216.93$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.

Mar 2026 — as filed, then multipliedworked
Gas                   13 Mcf  × $  3.15 =        $41

────────────────────────────────────────────────────
Month total                                      $41

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/43398 is the state's own key, not one this site invented.