MASTERSON

Name: MASTERSON lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

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 43400District 10Field 68831200Hydrogen sulphide fieldNGPA filingGasSave Export

Value, all time

$327 k

Jan 1993 – May 2026

Value, last 12 filed months

$9 k

at the published price for each month

Months reported

401

no gaps in the span

Streams

gas

The PANHANDLE, WEST (RED CAVE) field

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.

Programme	Filings	With an approval date	Dated	Docket
NGPA	1	none	—	—

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.

Stream	Basis	Volume	Value
Gas	Production	107,074 Mcf	$327,109
Total			$327,109

23,353 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 35.5461, -101.8518. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.54613, -101.85180 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

1,937 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 1,937 ft.

Completions filed

Aug 1967

1 of 1 wells

1 well


42-37520047	25 R	1,937 ft	Aug 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 2026	0	106.41	3.05	$0
Apr 2026	213	98.93	2.87	$611
Mar 2026	214	89.75	3.15	$674
Feb 2026	188	63.50	3.75	$705
Jan 2026	201	59.13	8.00	$1,608
Dec 2025	211	56.66	4.41	$931
Nov 2025	213	58.59	3.93	$836
Oct 2025	225	59.38	3.30	$744
Sep 2025	220	62.74	3.08	$677
Aug 2025	218	63.93	3.01	$657
Jul 2025	231	66.74	3.32	$766
Jun 2025	223	66.48	3.13	$698
May 2025	225	60.55	3.23	$727
Apr 2025	217	62.36	3.54	$769
Mar 2025	199	67.70	4.27	$849
Feb 2025	195	70.88	4.34	$846
Jan 2025	212	74.32	4.28	$907
Dec 2024	216	68.99	3.12	$674
Nov 2024	213	69.05	2.20	$468
Oct 2024	222	71.37	2.28	$506
Sep 2024	216	69.61	2.36	$511
Aug 2024	218	75.63	2.06	$450
Jul 2024	239	79.93	2.15	$513
Jun 2024	231	78.08	2.63	$608
May 2024	239	78.81	2.20	$525
Apr 2024	228	84.45	1.66	$378
Mar 2024	229	80.30	1.55	$354
Feb 2024	207	76.09	1.78	$369
Jan 2024	221	73.02	3.30	$729
Dec 2023	234	71.26	2.61	$611
Nov 2023	233	77.89	2.81	$654
Oct 2023	241	85.44	3.09	$744
Sep 2023	240	89.04	2.74	$656
Aug 2023	258	80.52	2.67	$690
Jul 2023	107	74.85	2.64	$283
Jun 2023	250	68.96	2.26	$565
May 2023	257	70.62	2.23	$572
Apr 2023	246	78.12	2.24	$550
Mar 2023	247	72.85	2.39	$591
Feb 2023	217	75.11	2.47	$535
Jan 2023	225	76.53	3.39	$762
Dec 2022	244	76.41	5.73	$1,398
Nov 2022	228	85.00	5.65	$1,287
Oct 2022	251	87.18	5.86	$1,472
Sep 2022	251	84.88	8.16	$2,049
Aug 2022	226	94.52	9.13	$2,063
Jul 2022	267	101.58	7.54	$2,014
Jun 2022	228	115.09	7.98	$1,819
May 2022	255	109.37	8.43	$2,150
Apr 2022	245	104.22	6.84	$1,675
Mar 2022	250	108.88	5.08	$1,269
Feb 2022	209	91.05	4.86	$1,016
Jan 2022	243	81.84	4.54	$1,103
Dec 2021	257	71.32	3.90	$1,002
Nov 2021	249	77.43	5.24	$1,304
Oct 2021	260	79.79	5.71	$1,486
Sep 2021	256	69.86	5.35	$1,370
Aug 2021	263	66.02	4.22	$1,110
Jul 2021	264	70.78	3.98	$1,051
Jun 2021	265	69.49	3.38	$896
May 2021	289	63.48	3.02	$872
Apr 2021	183	60.36	2.76	$505
Mar 2021	198	61.30	2.72	$538
Feb 2021	107	57.80	5.55	$594
Jan 2021	196	50.41	2.81	$551
Dec 2020	270	44.64	2.68	$722
Nov 2020	280	38.77	2.71	$758
Oct 2020	300	36.97	2.48	$744
Sep 2020	309	37.09	1.99	$615
Aug 2020	316	39.98	2.39	$754
Jul 2020	390	38.37	1.83	$712
Jun 2020	246	34.90	1.69	$416
May 2020	0	16.92	1.81	$0
Apr 2020	0	14.75	1.80	$0
Mar 2020	0	30.34	1.86	$0
Feb 2020	0	49.88	1.98	$0
Jan 2020	185	57.25	2.09	$388
Dec 2019	275	59.01	2.30	$634
Nov 2019	284	55.30	2.75	$781
Oct 2019	300	53.47	2.42	$726
Sep 2019	297	55.05	2.66	$789
Aug 2019	310	53.11	2.30	$714
Jul 2019	305	56.27	2.46	$750
Jun 2019	314	52.78	2.49	$782
May 2019	328	58.48	2.74	$899
Apr 2019	319	62.63	2.75	$877
Mar 2019	262	56.80	3.06	$802
Feb 2019	242	50.85	2.79	$676
Jan 2019	349	46.03	3.23	$1,127
Dec 2018	0	46.59	4.19	$0
Nov 2018	0	52.93	4.24	$0
Oct 2018	336	61.44	3.40	$1,142
Sep 2018	334	59.54	3.11	$1,038
Aug 2018	354	59.40	3.07	$1,086
Jul 2018	365	65.14	2.93	$1,070
Jun 2018	410	60.18	3.08	$1,262
May 2018	225	65.38	2.90	$653
Apr 2018	407	63.84	2.90	$1,181
Mar 2018	67	61.22	2.79	$187
Feb 2018	280	61.78	2.77	$775
Jan 2018	355	62.87	4.01	$1,423
Dec 2017	339	57.27	2.92	$990
Nov 2017	401	55.42	3.12	$1,250
Oct 2017	262	49.29	2.98	$782
Sep 2017	197	47.52	3.09	$608
Aug 2017	411	45.37	3.00	$1,235
Jul 2017	154	43.87	3.09	$475
Jun 2017	345	42.49	3.09	$1,065
May 2017	375	45.37	3.26	$1,224
Apr 2017	362	47.93	3.21	$1,163
Mar 2017	369	46.77	2.98	$1,101
Feb 2017	320	50.45	2.95	$945
Jan 2017	400	49.41	3.42	$1,368
Dec 2016	392	48.76	3.72	$1,459
Nov 2016	458	42.49	2.64	$1,211
Oct 2016	155	46.19	3.09	$479
Sep 2016	103	41.55	3.10	$319
Aug 2016	359	41.44	2.92	$1,050
Jul 2016	399	41.62	2.92	$1,167
Jun 2016	392	45.35	2.69	$1,053
May 2016	388	42.52	1.99	$773
Apr 2016	394	36.56	1.99	$784
Mar 2016	411	33.01	1.79	$737
Feb 2016	357	26.47	2.06	$737
Jan 2016	379	27.35	2.36	$896
Dec 2015	408	32.36	2.00	$817
Nov 2015	409	38.79	2.17	$886
Oct 2015	434	43.55	2.43	$1,053
Sep 2015	413	42.99	2.76	$1,139
Aug 2015	465	40.16	2.87	$1,336
Jul 2015	488	48.15	2.95	$1,437
Jun 2015	541	56.15	2.88	$1,560
May 2015	281	55.21	2.96	$830
Apr 2015	471	49.82	2.71	$1,275
Mar 2015	512	42.89	2.93	$1,503
Feb 2015	462	44.66	2.98	$1,375
Jan 2015	552	43.43	3.10	$1,712
Dec 2014	538	54.69	3.59	$1,932
Nov 2014	619	70.46	4.25	$2,632
Oct 2014	609	78.30	3.90	$2,376
Sep 2014	347	86.16	4.05	$1,404
Aug 2014	394	89.39	4.04	$1,590
Jul 2014	706	96.56	4.18	$2,951
Jun 2014	758	98.16	4.74	$3,591
May 2014	905	94.73	4.73	$4,278
Apr 2014	1,037	95.94	4.81	$4,987
Mar 2014	297	95.89	5.06	$1,502
Feb 2014	44	97.40	6.19	$272
Jan 2014	33	90.40	4.86	$160
Dec 2013	18	91.82	4.35	$78
Nov 2013	16	88.85	3.74	$60
Oct 2013	12	97.42	3.78	$45
Sep 2013	24	104.11	3.72	$89
Aug 2013	21	104.25	3.52	$74
Jul 2013	18	102.52	3.72	$67
Jun 2013	61	94.40	3.93	$240
May 2013	67	94.83	4.15	$278
Apr 2013	33	93.96	4.28	$141
Mar 2013	55	93.62	3.91	$215
Feb 2013	128	91.23	3.42	$438
Jan 2013	57	91.60	3.42	$195
Dec 2012	49	86.77	3.42	$168
Nov 2012	49	86.95	3.62	$178
Oct 2012	40	89.38	3.40	$136
Sep 2012	91	94.67	2.92	$266
Aug 2012	6	92.66	2.91	$17
Jul 2012	14	85.13	3.02	$42
Jun 2012	37	79.82	2.52	$93
May 2012	69	91.61	2.49	$172
Apr 2012	38	101.65	2.00	$76
Mar 2012	33	105.05	2.22	$73
Feb 2012	38	101.10	2.57	$98
Jan 2012	40	98.09	2.73	$109
Dec 2011	46	96.87	3.24	$149
Nov 2011	10	95.72	3.31	$33
Oct 2011	11	84.98	3.65	$40
Sep 2011	3	83.62	3.99	$12
Aug 2011	44	83.40	4.15	$183
Jul 2011	56	94.14	4.52	$253
Jun 2011	39	92.90	4.64	$181
May 2011	12	98.13	4.40	$53
Apr 2011	84	105.96	4.33	$364
Mar 2011	30	96.36	4.06	$122
Feb 2011	8	85.64	4.18	$33
Jan 2011	10	86.50	4.59	$46
Dec 2010	10	85.73	4.35	$43
Nov 2010	168	80.84	3.80	$638
Oct 2010	298	78.10	3.51	$1,046
Sep 2010	297	72.63	3.98	$1,182
Aug 2010	242	73.68	4.42	$1,069
Jul 2010	127	72.55	4.74	$602
Jun 2010	100	70.36	4.91	$491
May 2010	171	71.12	4.24	$724
Apr 2010	279	81.69	4.12	$1,150
Mar 2010	298	78.39	4.39	$1,308
Feb 2010	315	73.58	5.44	$1,714
Jan 2010	341	74.36	5.96	$2,034
Dec 2009	372	71.44	5.48	$2,040
Nov 2009	324	74.59	3.75	$1,215
Oct 2009	314	72.54	4.11	$1,291
Sep 2009	240	65.54	3.06	$736
Aug 2009	261	67.42	3.22	$840
Jul 2009	223	61.13	3.46	$773
Jun 2009	153	66.16	3.90	$596
May 2009	181	54.74	3.93	$711
Apr 2009	145	46.77	3.59	$520
Mar 2009	178	42.14	4.06	$723
Feb 2009	171	32.81	4.63	$792
Jan 2009	174	35.86	5.37	$935
Dec 2008	65	37.10	5.98	$389
Nov 2008	53	55.49	6.86	$364
Oct 2008	120	75.24	6.92	$831
Sep 2008	139	101.76	7.88	$1,095
Aug 2008	312	114.22	8.48	$2,647
Jul 2008	336	131.08	11.39	$3,827
Jun 2008	190	131.33	13.03	$2,476
May 2008	63	123.17	11.57	$729
Apr 2008	181	110.31	10.45	$1,892
Mar 2008	152	101.90	9.66	$1,469
Feb 2008	192	92.53	8.77	$1,684
Jan 2008	120	90.38	8.21	$985
Dec 2007	120	88.33	7.30	$876
Nov 2007	180	91.67	7.29	$1,313
Oct 2007	197	82.85	6.92	$1,364
Sep 2007	184	75.84	6.24	$1,149
Aug 2007	155	69.06	6.39	$990
Jul 2007	185	70.90	6.39	$1,182
Jun 2007	157	62.00	7.55	$1,185
May 2007	223	58.74	7.85	$1,750
Apr 2007	147	59.61	7.81	$1,147
Mar 2007	203	56.92	7.30	$1,482
Feb 2007	77	55.10	8.22	$633
Jan 2007	130	50.30	6.73	$874
Dec 2006	96	56.65	6.92	$664
Nov 2006	128	54.20	7.62	$975
Oct 2006	75	54.90	6.01	$451
Sep 2006	106	60.08	5.04	$534
Aug 2006	110	68.71	7.34	$807
Jul 2006	204	69.37	6.34	$1,294
Jun 2006	178	66.28	6.38	$1,136
May 2006	102	66.01	6.42	$655
Apr 2006	175	64.39	7.36	$1,288
Mar 2006	191	56.70	7.08	$1,353
Feb 2006	141	57.59	7.75	$1,093
Jan 2006	131	60.59	8.93	$1,170
Dec 2005	112	54.94	13.42	$1,503
Nov 2005	215	54.69	10.59	$2,277
Oct 2005	193	58.34	13.80	$2,663
Sep 2005	155	61.45	12.08	$1,872
Aug 2005	226	61.51	9.80	$2,214
Jul 2005	122	55.69	7.84	$957
Jun 2005	0	52.33	7.38	$0
May 2005	62	45.22	6.65	$412
Apr 2005	207	49.20	7.36	$1,524
Mar 2005	220	50.37	7.15	$1,574
Feb 2005	232	45.22	6.31	$1,464
Jan 2005	17	43.16	6.32	$107
Dec 2004	13	39.86	6.75	$88
Nov 2004	146	45.28	6.33	$924
Oct 2004	151	49.70	6.52	$984
Sep 2004	216	43.24	5.28	$1,141
Aug 2004	187	42.37	5.55	$1,038
Jul 2004	211	38.28	6.08	$1,284
Jun 2004	261	36.10	6.43	$1,679
May 2004	242	37.48	6.49	$1,572
Apr 2004	157	34.47	5.86	$920
Mar 2004	198	34.36	5.53	$1,095
Feb 2004	26	32.45	5.51	$143
Jan 2004	63	32.03	6.30	$397
Dec 2003	69	30.26	6.30	$435
Nov 2003	243	28.80	4.60	$1,117
Oct 2003	189	28.17	4.76	$900
Sep 2003	208	26.31	4.75	$988
Aug 2003	263	29.76	5.13	$1,349
Jul 2003	260	29.41	5.17	$1,344
Jun 2003	265	28.56	5.98	$1,585
May 2003	244	26.59	5.97	$1,457
Apr 2003	275	26.67	5.41	$1,487
Mar 2003	188	31.14	6.10	$1,146
Feb 2003	247	33.48	7.93	$1,958
Jan 2003	284	30.31	5.58	$1,585
Dec 2002	363	26.91	4.85	$1,762
Nov 2002	288	24.66	4.14	$1,191
Oct 2002	213	26.46	4.23	$901
Sep 2002	307	27.44	3.64	$1,116
Aug 2002	323	25.96	3.16	$1,022
Jul 2002	310	24.58	3.06	$949
Jun 2002	281	23.73	3.34	$938
May 2002	272	24.66	3.58	$975
Apr 2002	314	23.65	3.51	$1,103
Mar 2002	185	22.00	3.10	$574
Feb 2002	177	18.22	2.38	$421
Jan 2002	343	17.17	2.38	$815
Dec 2001	346	16.93	2.36	$818
Nov 2001	340	18.07	2.41	$818
Oct 2001	372	19.78	2.53	$941
Sep 2001	347	24.26	2.25	$781
Aug 2001	323	24.87	3.05	$986
Jul 2001	314	23.93	3.20	$1,004
Jun 2001	399	24.56	3.82	$1,526
May 2001	363	25.52	4.31	$1,564
Apr 2001	311	24.68	5.34	$1,659
Mar 2001	165	24.54	5.38	$887
Feb 2001	29	27.75	5.77	$167
Jan 2001	70	27.47	8.40	$588
Dec 2000	154	26.88	9.12	$1,405
Nov 2000	314	32.21	5.66	$1,777
Oct 2000	324	31.23	5.15	$1,667
Sep 2000	316	31.87	5.19	$1,639
Aug 2000	334	29.64	4.54	$1,517
Jul 2000	222	28.53	4.09	$908
Jun 2000	313	29.30	4.40	$1,376
May 2000	339	27.26	3.68	$1,247
Apr 2000	262	24.51	3.12	$816
Mar 2000	386	28.42	2.86	$1,104
Feb 2000	235	27.62	2.73	$641
Jan 2000	381	25.27	2.48	$945
Dec 1999	338	24.28	2.42	$819
Nov 1999	305	23.19	2.43	$742
Oct 1999	266	20.98	2.80	$746
Sep 1999	297	21.75	2.62	$778
Aug 1999	293	19.26	2.88	$843
Jul 1999	364	17.89	2.37	$864
Jun 1999	328	15.94	2.36	$775
May 1999	442	15.79	2.32	$1,026
Apr 1999	233	15.10	2.21	$514
Mar 1999	234	12.47	1.84	$430
Feb 1999	190	9.98	1.82	$345
Jan 1999	292	10.38	1.90	$555
Dec 1998	343	9.20	1.77	$608
Nov 1998	300	10.89	2.19	$656
Oct 1998	314	12.42	1.97	$618
Sep 1998	236	12.59	2.08	$492
Aug 1998	306	11.30	1.91	$584
Jul 1998	246	11.74	2.24	$550
Jun 1998	290	11.24	2.24	$649
May 1998	337	12.62	2.21	$744
Apr 1998	200	13.04	2.51	$501
Mar 1998	322	12.80	2.31	$744
Feb 1998	328	13.95	2.30	$754
Jan 1998	280	14.70	2.15	$603
Dec 1997	398	16.32	2.41	$960
Nov 1997	251	18.19	3.09	$775
Oct 1997	299	19.25	3.15	$942
Sep 1997	324	17.74	2.95	$957
Aug 1997	374	17.86	2.55	$955
Jul 1997	339	17.58	2.25	$762
Jun 1997	429	17.24	2.26	$968
May 1997	407	18.97	2.31	$940
Apr 1997	343	17.88	2.08	$714
Mar 1997	384	18.95	1.94	$745
Feb 1997	358	20.49	2.21	$790
Jan 1997	380	23.48	3.54	$1,345
Dec 1996	368	23.32	—	$0
Nov 1996	331	21.97	—	$0
Oct 1996	344	23.31	—	$0
Sep 1996	268	22.22	—	$0
Aug 1996	289	20.26	—	$0
Jul 1996	507	19.55	—	$0
Jun 1996	488	18.73	—	$0
May 1996	501	19.43	—	$0
Apr 1996	483	21.51	—	$0
Mar 1996	446	19.38	—	$0
Feb 1996	426	16.98	—	$0
Jan 1996	466	17.07	—	$0
Dec 1995	391	17.19	—	$0
Nov 1995	403	16.00	—	$0
Oct 1995	444	15.43	—	$0
Sep 1995	351	16.18	—	$0
Aug 1995	319	15.92	—	$0
Jul 1995	358	15.24	—	$0
Jun 1995	408	16.41	—	$0
May 1995	405	17.56	—	$0
Apr 1995	528	17.73	—	$0
Mar 1995	406	16.44	—	$0
Feb 1995	325	16.58	—	$0
Jan 1995	431	15.92	—	$0
Dec 1994	480	15.03	—	$0
Nov 1994	504	15.90	—	$0
Oct 1994	591	15.58	—	$0
Sep 1994	571	15.29	—	$0
Aug 1994	561	16.13	—	$0
Jul 1994	531	17.56	—	$0
Jun 1994	423	17.09	—	$0
May 1994	382	15.88	—	$0
Apr 1994	497	14.14	—	$0
Mar 1994	506	12.46	—	$0
Feb 1994	583	12.50	—	$0
Jan 1994	705	12.66	—	$0
Dec 1993	662	12.33	—	$0
Nov 1993	497	14.49	—	$0
Oct 1993	444	15.85	—	$0
Sep 1993	476	15.03	—	$0
Aug 1993	558	15.66	—	$0
Jul 1993	568	15.46	—	$0
Jun 1993	593	16.79	—	$0
May 1993	495	17.68	—	$0
Apr 1993	762	18.05	—	$0
Mar 1993	708	18.14	—	$0
Feb 1993	742	17.90	—	$0
Jan 1993	828	16.93	—	$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                  213 Mcf  × $  2.87 =       $611

────────────────────────────────────────────────────
Month total                                     $611

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/43400 is the state's own key, not one this site invented.