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 43399District 10Field 68831200Hydrogen sulphide fieldNGPA filingGasSaveExport
Value, all time
$366 k
Jan 1993 – May 2026
Value, last 12 filed months
$8 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
GasProduction123,481 Mcf$366,400
Total$366,400

51,723 Mcf of this lease's gas, across 44 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 35.5577, -101.9095. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.55773, -101.90947 · 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
2,062 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 2,062 ft.

Completions filed
Aug 1967
1 of 1 wells

1 well

42-3750029524 R2,062 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 202619098.932.87$545
Mar 202622489.753.15$705
Feb 202610163.503.75$379
Jan 202618659.138.00$1,488
Dec 202520656.664.41$909
Nov 202522958.593.93$899
Oct 202521059.383.30$694
Sep 202520262.743.08$622
Aug 202522763.933.01$684
Jul 202518266.743.32$603
Jun 202520666.483.13$645
May 202523160.553.23$747
Apr 202521062.363.54$744
Mar 202520467.704.27$871
Feb 202522870.884.34$990
Jan 202527774.324.28$1,185
Dec 202427268.993.12$849
Nov 202430669.052.20$673
Oct 202417071.372.28$388
Sep 202428169.612.36$664
Aug 202434675.632.06$714
Jul 202417079.932.15$365
Jun 2024078.082.63$0
May 2024078.812.20$0
Apr 2024084.451.66$0
Mar 2024080.301.55$0
Feb 2024076.091.78$0
Jan 202414573.023.30$478
Dec 202331171.262.61$812
Nov 202327677.892.81$775
Oct 202322285.443.09$685
Sep 202321989.042.74$599
Aug 202319480.522.67$519
Jul 20234474.852.64$116
Jun 202317868.962.26$402
May 202318370.622.23$408
Apr 202321178.122.24$472
Mar 202314272.852.39$340
Feb 202319275.112.47$473
Jan 202321376.533.39$722
Dec 202220976.415.73$1,197
Nov 202219185.005.65$1,078
Oct 202223387.185.86$1,366
Sep 202226384.888.16$2,147
Aug 202227894.529.13$2,537
Jul 2022355101.587.54$2,677
Jun 2022222115.097.98$1,771
May 2022188109.378.43$1,585
Apr 2022112104.226.84$766
Mar 2022296108.885.08$1,503
Feb 202212891.054.86$622
Jan 202224581.844.54$1,112
Dec 202128771.323.90$1,119
Nov 202122877.435.24$1,194
Oct 202126479.795.71$1,508
Sep 202132169.865.35$1,718
Aug 202144666.024.22$1,882
Jul 202117770.783.98$705
Jun 202118869.493.38$636
May 202124863.483.02$748
Apr 20214160.362.76$113
Mar 202113461.302.72$364
Feb 202112457.805.55$688
Jan 202126250.412.81$736
Dec 202022344.642.68$597
Nov 202012738.772.71$344
Oct 202020836.972.48$516
Sep 202027437.091.99$546
Aug 20208639.982.39$205
Jul 202036038.371.83$657
Jun 202029234.901.69$494
May 202023816.921.81$432
Apr 202022114.751.80$399
Mar 202016030.341.86$297
Feb 202022249.881.98$440
Jan 202024557.252.09$513
Dec 201926659.012.30$613
Nov 20191655.302.75$44
Oct 201925853.472.42$624
Sep 20194655.052.66$122
Aug 201912553.112.30$288
Jul 201910456.272.46$256
Jun 20195552.782.49$137
May 201911458.482.74$312
Apr 20193162.632.75$85
Mar 20191156.803.06$34
Feb 20195550.852.79$154
Jan 201917046.033.23$549
Dec 2018046.594.19$0
Nov 2018052.934.24$0
Oct 201821361.443.40$724
Sep 201819659.543.11$609
Aug 201813059.403.07$399
Jul 201810865.142.93$317
Jun 20189760.183.08$298
May 201819265.382.90$557
Apr 20187163.842.90$206
Mar 2018261.222.79$6
Feb 20181161.782.77$30
Jan 201817562.874.01$702
Dec 201730257.272.92$882
Nov 201724955.423.12$776
Oct 201712649.292.98$376
Sep 20176447.523.09$198
Aug 20177945.373.00$237
Jul 20173743.873.09$114
Jun 201718342.493.09$565
May 201728545.373.26$930
Apr 201713347.933.21$427
Mar 201717446.772.98$519
Feb 201719350.452.95$570
Jan 201719449.413.42$663
Dec 201615348.763.72$570
Nov 201626442.492.64$698
Oct 201614746.193.09$454
Sep 201610241.553.10$316
Aug 201620141.442.92$588
Jul 201622941.622.92$670
Jun 201624945.352.69$669
May 201630942.521.99$615
Apr 201626336.561.99$524
Mar 201629633.011.79$531
Feb 201631326.472.06$646
Jan 201641127.352.36$972
Dec 201540432.362.00$809
Nov 201515338.792.17$332
Oct 201521043.552.43$510
Sep 201513842.992.76$381
Aug 20159140.162.87$261
Jul 20158948.152.95$262
Jun 20158856.152.88$254
May 201516855.212.96$497
Apr 201526749.822.71$723
Mar 201514842.892.93$434
Feb 201524544.662.98$729
Jan 201528643.433.10$887
Dec 201427454.693.59$984
Nov 201414170.464.25$600
Oct 201426478.303.90$1,030
Sep 201415086.164.05$607
Aug 201414589.394.04$585
Jul 201414996.564.18$623
Jun 201422798.164.74$1,075
May 201429894.734.73$1,409
Apr 201417395.944.81$832
Mar 201419695.895.06$991
Feb 201419197.406.19$1,183
Jan 201423590.404.86$1,142
Dec 201318291.824.35$793
Nov 201323488.853.74$875
Oct 201321097.423.78$794
Sep 2013236104.113.72$877
Aug 2013278104.253.52$979
Jul 2013234102.523.72$870
Jun 201328494.403.93$1,117
May 201316794.834.15$693
Apr 201327093.964.28$1,156
Mar 201323693.623.91$923
Feb 201328191.233.42$961
Jan 201327991.603.42$954
Dec 201223686.773.42$807
Nov 201224986.953.62$903
Oct 201224189.383.40$819
Sep 201223394.672.92$680
Aug 201221692.662.91$628
Jul 201225385.133.02$764
Jun 201227179.822.52$683
May 201225291.612.49$627
Apr 2012236101.652.00$471
Mar 2012220105.052.22$489
Feb 2012199101.102.57$511
Jan 201222598.092.73$615
Dec 201124096.873.24$778
Nov 201123495.723.31$775
Oct 201123584.983.65$857
Sep 201126083.623.99$1,036
Aug 201120983.404.15$867
Jul 201126794.144.52$1,206
Jun 201127692.904.64$1,281
May 201131498.134.40$1,383
Apr 2011333105.964.33$1,443
Mar 201133096.364.06$1,339
Feb 201127185.644.18$1,133
Jan 201136786.504.59$1,684
Dec 201032585.734.35$1,413
Nov 201039080.843.80$1,480
Oct 201031678.103.51$1,109
Sep 201029872.633.98$1,186
Aug 201028573.684.42$1,260
Jul 201021872.554.74$1,033
Jun 201017870.364.91$874
May 201016671.124.24$703
Apr 201028181.694.12$1,158
Mar 201029378.394.39$1,286
Feb 201031873.585.44$1,731
Jan 201036074.365.96$2,147
Dec 200938571.445.48$2,111
Nov 200930974.593.75$1,159
Oct 200931072.544.11$1,274
Sep 200926165.543.06$800
Aug 200930767.423.22$988
Jul 200927961.133.46$967
Jun 200927766.163.90$1,079
May 200931654.743.93$1,241
Apr 200928446.773.59$1,019
Mar 200937642.144.06$1,526
Feb 200934832.814.63$1,612
Jan 200940035.865.37$2,148
Dec 200834237.105.98$2,044
Nov 200833555.496.86$2,298
Oct 200829275.246.92$2,021
Sep 2008285101.767.88$2,245
Aug 2008322114.228.48$2,732
Jul 2008288131.0811.39$3,280
Jun 2008234131.3313.03$3,050
May 2008237123.1711.57$2,743
Apr 2008281110.3110.45$2,938
Mar 2008152101.909.66$1,469
Feb 200881892.538.77$7,174
Jan 200831290.388.21$2,560
Dec 200746588.337.30$3,395
Nov 200748391.677.29$3,522
Oct 200746182.856.92$3,191
Sep 200744775.846.24$2,791
Aug 200738569.066.39$2,459
Jul 200735470.906.39$2,261
Jun 200738462.007.55$2,899
May 200745258.747.85$3,547
Apr 200732159.617.81$2,505
Mar 200734556.927.30$2,519
Feb 200734455.108.22$2,826
Jan 200744850.306.73$3,014
Dec 200648456.656.92$3,349
Nov 200634754.207.62$2,643
Oct 200640554.906.01$2,436
Sep 200632660.085.04$1,642
Aug 200632068.717.34$2,349
Jul 200641969.376.34$2,658
Jun 200642766.286.38$2,726
May 200640466.016.42$2,596
Apr 200638564.397.36$2,834
Mar 200634556.707.08$2,444
Feb 200635957.597.75$2,783
Jan 200647660.598.93$4,252
Dec 200560954.9413.42$8,170
Nov 200552054.6910.59$5,506
Oct 200553658.3413.80$7,395
Sep 200539861.4512.08$4,807
Aug 200548561.519.80$4,751
Jul 200539955.697.84$3,130
Jun 2005052.337.38$0
May 200520645.226.65$1,370
Apr 200544749.207.36$3,290
Mar 200542350.377.15$3,027
Feb 200539145.226.31$2,468
Jan 200557743.166.32$3,648
Dec 200459939.866.75$4,044
Nov 200474545.286.33$4,716
Oct 200458249.706.52$3,792
Sep 200467143.245.28$3,546
Aug 200453942.375.55$2,992
Jul 200459238.286.08$3,602
Jun 200477736.106.43$4,998
May 200451737.486.49$3,358
Apr 200469434.475.86$4,066
Mar 200473634.365.53$4,070
Feb 20041,04532.455.51$5,758
Jan 20041,83232.036.30$11,541
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 1998011.301.91$0
Jul 1998011.742.24$0
Jun 1998011.242.24$0
May 1998012.622.21$0
Apr 1998013.042.51$0
Mar 1998012.802.31$0
Feb 1998013.952.30$0
Jan 1998014.702.15$0
Dec 1997016.322.41$0
Nov 1997018.193.09$0
Oct 1997019.253.15$0
Sep 1997017.742.95$0
Aug 1997017.862.55$0
Jul 1997017.582.25$0
Jun 1997017.242.26$0
May 1997018.972.31$0
Apr 1997017.882.08$0
Mar 1997018.951.94$0
Feb 1997020.492.21$0
Jan 1997023.483.54$0
Dec 1996023.32$0
Nov 1996021.97$0
Oct 1996023.31$0
Sep 1996022.22$0
Aug 199625320.26$0
Jul 19961,14419.55$0
Jun 19961,24018.73$0
May 19961,19219.43$0
Apr 19961,15321.51$0
Mar 19961,04719.38$0
Feb 19961,15916.98$0
Jan 19961,25017.07$0
Dec 19951,36417.19$0
Nov 19951,30416.00$0
Oct 19951,44115.43$0
Sep 19951,07116.18$0
Aug 199577315.92$0
Jul 199586215.24$0
Jun 19951,08316.41$0
May 199592417.56$0
Apr 19951,24517.73$0
Mar 19951,03516.44$0
Feb 199575916.58$0
Jan 199593515.92$0
Dec 19941,07315.03$0
Nov 19941,07515.90$0
Oct 19941,44215.58$0
Sep 19941,26815.29$0
Aug 19941,22316.13$0
Jul 19941,34017.56$0
Jun 19941,01817.09$0
May 199495215.88$0
Apr 19941,10314.14$0
Mar 19941,14312.46$0
Feb 19941,19612.50$0
Jan 19941,38612.66$0
Dec 19931,45212.33$0
Nov 19931,33714.49$0
Oct 19931,24315.85$0
Sep 19931,28915.03$0
Aug 19931,35715.66$0
Jul 19931,32015.46$0
Jun 19931,25716.79$0
May 19931,39417.68$0
Apr 19931,39518.05$0
Mar 19931,32618.14$0
Feb 19931,37217.90$0
Jan 19931,52816.93$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                  190 Mcf  × $  2.87 =       $545

────────────────────────────────────────────────────
Month total                                     $545

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/43399 is the state's own key, not one this site invented.