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 45141District 10Field 68831200Hydrogen sulphide fieldGasSaveExport
Value, all time
$903 k
Jan 1993 – May 2026
Value, last 12 filed months
$18 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
GasProduction359,536 Mcf$903,272
Total$903,272

146,079 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 35.6049, -101.8891. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.60493, -101.88908 · 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
no depth filed
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.

Completions filed
Sep 1968
1 of 1 wells

1 well

42-3752002330 RSep 1968

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 202642198.932.87$1,208
Mar 202644289.753.15$1,392
Feb 202639963.503.75$1,496
Jan 202644559.138.00$3,559
Dec 202544056.664.41$1,942
Nov 202542958.593.93$1,684
Oct 202544959.383.30$1,484
Sep 202544962.743.08$1,382
Aug 202540463.933.01$1,218
Jul 202545866.743.32$1,518
Jun 202543366.483.13$1,355
May 202545560.553.23$1,471
Apr 202545062.363.54$1,594
Mar 202548667.704.27$2,074
Feb 202532970.884.34$1,428
Jan 20253074.324.28$128
Dec 202445368.993.12$1,414
Nov 202444369.052.20$974
Oct 202445471.372.28$1,036
Sep 202443969.612.36$1,038
Aug 202445475.632.06$937
Jul 202447279.932.15$1,013
Jun 202445678.082.63$1,201
May 202445678.812.20$1,002
Apr 202445684.451.66$757
Mar 202447080.301.55$726
Feb 202444176.091.78$787
Jan 202454673.023.30$1,801
Dec 202347171.262.61$1,230
Nov 202347177.892.81$1,322
Oct 202347685.443.09$1,470
Sep 202347389.042.74$1,294
Aug 202347880.522.67$1,278
Jul 202345374.852.64$1,197
Jun 202347668.962.26$1,075
May 202347570.622.23$1,058
Apr 202346478.122.24$1,038
Mar 202349672.852.39$1,187
Feb 202345475.112.47$1,119
Jan 202350876.533.39$1,721
Dec 202248276.415.73$2,761
Nov 202247385.005.65$2,671
Oct 202248987.185.86$2,867
Sep 202248084.888.16$3,919
Aug 202249494.529.13$4,509
Jul 2022512101.587.54$3,862
Jun 2022459115.097.98$3,662
May 2022475109.378.43$4,006
Apr 2022485104.226.84$3,316
Mar 2022494108.885.08$2,508
Feb 202240291.054.86$1,953
Jan 202248481.844.54$2,196
Dec 202149671.323.90$1,934
Nov 202147377.435.24$2,477
Oct 202150579.795.71$2,886
Sep 202149769.865.35$2,659
Aug 202151966.024.22$2,190
Jul 202151470.783.98$2,047
Jun 202150769.493.38$1,714
May 202158563.483.02$1,765
Apr 202133460.362.76$921
Mar 202151361.302.72$1,394
Feb 202123857.805.55$1,320
Jan 202151150.412.81$1,436
Dec 202051844.642.68$1,386
Nov 202048838.772.71$1,321
Oct 202047836.972.48$1,185
Sep 202051237.091.99$1,019
Aug 202050539.982.39$1,204
Jul 202053438.371.83$975
Jun 202050534.901.69$854
May 202051916.921.81$942
Apr 202051114.751.80$922
Mar 202050930.341.86$945
Feb 202048949.881.98$969
Jan 202051857.252.09$1,085
Dec 20191,05759.012.30$2,436
Nov 201951355.302.75$1,411
Oct 201952153.472.42$1,260
Sep 201952355.052.66$1,390
Aug 20191,04453.112.30$2,406
Jul 201954256.272.46$1,333
Jun 201954052.782.49$1,345
May 201952758.482.74$1,444
Apr 201953162.632.75$1,461
Mar 201951856.803.06$1,586
Feb 20191,01550.852.79$2,834
Jan 20191,09846.033.23$3,545
Dec 2018046.594.19$0
Nov 2018052.934.24$0
Oct 201857461.443.40$1,951
Sep 201858159.543.11$1,806
Aug 201860059.403.07$1,840
Jul 201863065.142.93$1,847
Jun 201858760.183.08$1,806
May 201866665.382.90$1,932
Apr 201866963.842.90$1,941
Mar 201811761.222.79$326
Feb 201857961.782.77$1,602
Jan 201849262.874.01$1,973
Dec 201764057.272.92$1,870
Nov 201768555.423.12$2,136
Oct 201742449.292.98$1,265
Sep 201731047.523.09$957
Aug 201762645.373.00$1,881
Jul 201738943.873.09$1,201
Jun 201756242.493.09$1,735
May 201760545.373.26$1,974
Apr 201756147.933.21$1,802
Mar 201760146.772.98$1,793
Feb 201755650.452.95$1,642
Jan 201759949.413.42$2,048
Dec 201661448.763.72$2,286
Nov 201661142.492.64$1,616
Oct 201668446.193.09$2,114
Sep 201627841.553.10$862
Aug 201655541.442.92$1,623
Jul 201661341.622.92$1,793
Jun 201659145.352.69$1,587
May 201661642.521.99$1,226
Apr 201656936.561.99$1,133
Mar 201661633.011.79$1,105
Feb 201654026.472.06$1,114
Jan 201661127.352.36$1,445
Dec 201560332.362.00$1,207
Nov 201557738.792.17$1,251
Oct 201560643.552.43$1,471
Sep 201561242.992.76$1,688
Aug 201560040.162.87$1,723
Jul 201565448.152.95$1,926
Jun 201570156.152.88$2,021
May 201531355.212.96$925
Apr 201562349.822.71$1,686
Mar 201564642.892.93$1,896
Feb 201557544.662.98$1,711
Jan 201559543.433.10$1,845
Dec 201465454.693.59$2,349
Nov 201464970.464.25$2,759
Oct 201464578.303.90$2,516
Sep 201470786.164.05$2,860
Aug 201447189.394.04$1,901
Jul 201466196.564.18$2,763
Jun 201462398.164.74$2,951
May 201465994.734.73$3,115
Apr 201464495.944.81$3,097
Mar 201467195.895.06$3,393
Feb 201461197.406.19$3,783
Jan 201468890.404.86$3,344
Dec 201369791.824.35$3,035
Nov 201368288.853.74$2,550
Oct 201371797.423.78$2,710
Sep 2013708104.113.72$2,632
Aug 2013762104.253.52$2,684
Jul 2013776102.523.72$2,885
Jun 201380094.403.93$3,147
May 201349094.834.15$2,033
Apr 201368693.964.28$2,938
Mar 201373693.623.91$2,880
Feb 201367791.233.42$2,315
Jan 201375091.603.42$2,565
Dec 201274486.773.42$2,545
Nov 201273586.953.62$2,664
Oct 201276289.383.40$2,591
Sep 201275694.672.92$2,206
Aug 201277092.662.91$2,239
Jul 201278585.133.02$2,371
Jun 201274579.822.52$1,877
May 201271391.612.49$1,774
Apr 2012745101.652.00$1,488
Mar 2012778105.052.22$1,729
Feb 2012742101.102.57$1,907
Jan 201280498.092.73$2,198
Dec 201181096.873.24$2,624
Nov 201181195.723.31$2,685
Oct 201186384.983.65$3,149
Sep 201187583.623.99$3,488
Aug 201191883.404.15$3,809
Jul 201185994.144.52$3,880
Jun 201189292.904.64$4,139
May 201194498.134.40$4,158
Apr 2011906105.964.33$3,926
Mar 201199196.364.06$4,021
Feb 201188785.644.18$3,708
Jan 201197586.504.59$4,474
Dec 20101,01285.734.35$4,400
Nov 201091380.843.80$3,465
Oct 20101,06478.103.51$3,733
Sep 20101,07272.633.98$4,266
Aug 20101,16073.684.42$5,126
Jul 20101,19772.554.74$5,670
Jun 20101,18670.364.91$5,824
May 20101,23571.124.24$5,231
Apr 201085881.694.12$3,537
Mar 20101,01378.394.39$4,446
Feb 201092973.585.44$5,056
Jan 20101,02574.365.96$6,113
Dec 20091,07571.445.48$5,895
Nov 20091,07774.593.75$4,040
Oct 20091,10372.544.11$4,534
Sep 20091,13265.543.06$3,469
Aug 20091,20067.423.22$3,862
Jul 20091,21861.133.46$4,220
Jun 20091,22066.163.90$4,752
May 20091,23154.743.93$4,833
Apr 20091,29146.773.59$4,631
Mar 20091,32042.144.06$5,358
Feb 20091,24632.814.63$5,773
Jan 20091,43935.865.37$7,729
Dec 20081,48137.105.98$8,852
Nov 20081,49455.496.86$10,249
Oct 20081,61975.246.92$11,207
Sep 20081,728101.767.88$13,612
Aug 20081,789114.228.48$15,176
Jul 20082,006131.0811.39$22,847
Jun 20082,152131.3313.03$28,046
May 20082,538123.1711.57$29,376
Apr 20083,308110.3110.45$34,585
Mar 2008432101.909.66$4,175
Feb 200862992.538.77$5,517
Jan 2008090.388.21$0
Dec 20071,35188.337.30$9,865
Nov 20071,62891.677.29$11,871
Oct 20071,05182.856.92$7,275
Sep 20071,47275.846.24$9,191
Aug 20071,32069.066.39$8,432
Jul 20071,22170.906.39$7,800
Jun 20071,20262.007.55$9,073
May 20071,49158.747.85$11,699
Apr 20071,42659.617.81$11,130
Mar 20071,17956.927.30$8,609
Feb 200762455.108.22$5,127
Jan 200767050.306.73$4,507
Dec 20061,21856.656.92$8,427
Nov 20061,58154.207.62$12,043
Oct 20062,51154.906.01$15,101
Sep 200658460.085.04$2,942
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 1998012.592.08$0
Aug 1998011.301.91$0
Jul 19981,19311.742.24$2,669
Jun 19982,05511.242.24$4,598
May 19982,05912.622.21$4,543
Apr 19982,01613.042.51$5,051
Mar 19981,88412.802.31$4,351
Feb 19982,47613.952.30$5,693
Jan 19982,05814.702.15$4,435
Dec 19971,64016.322.41$3,954
Nov 19971,96518.193.09$6,068
Oct 19972,51719.253.15$7,928
Sep 19971,88017.742.95$5,555
Aug 19972,27217.862.55$5,804
Jul 19972,35417.582.25$5,289
Jun 19972,48017.242.26$5,598
May 19972,39818.972.31$5,536
Apr 19972,27917.882.08$4,747
Mar 19972,59818.951.94$5,038
Feb 19972,36820.492.21$5,224
Jan 19972,32423.483.54$8,226
Dec 19962,12423.32$0
Nov 19961,96821.97$0
Oct 19962,51523.31$0
Sep 19961,71022.22$0
Aug 19961,93620.26$0
Jul 19962,93419.55$0
Jun 19962,65118.73$0
May 19962,85919.43$0
Apr 19962,79521.51$0
Mar 19962,24419.38$0
Feb 19962,42916.98$0
Jan 19962,85017.07$0
Dec 19952,65417.19$0
Nov 19952,60816.00$0
Oct 19953,11915.43$0
Sep 19952,62516.18$0
Aug 19953,29015.92$0
Jul 19953,23715.24$0
Jun 19952,92816.41$0
May 19952,70817.56$0
Apr 19952,39117.73$0
Mar 19952,80216.44$0
Feb 19951,49116.58$0
Jan 19951,95915.92$0
Dec 19942,54115.03$0
Nov 19943,03015.90$0
Oct 19943,88815.58$0
Sep 19943,26815.29$0
Aug 19943,33216.13$0
Jul 19943,50817.56$0
Jun 19942,89317.09$0
May 19942,08915.88$0
Apr 19942,45414.14$0
Mar 19943,18812.46$0
Feb 19943,06812.50$0
Jan 19943,44412.66$0
Dec 19933,29912.33$0
Nov 19933,66314.49$0
Oct 19933,66215.85$0
Sep 19933,80615.03$0
Aug 19934,15115.66$0
Jul 19934,47415.46$0
Jun 19934,59616.79$0
May 19934,00317.68$0
Apr 19934,34218.05$0
Mar 19934,26318.14$0
Feb 19933,88717.90$0
Jan 19934,40316.93$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                  421 Mcf  × $  2.87 =     $1,208

────────────────────────────────────────────────────
Month total                                   $1,208

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/45141 is the state's own key, not one this site invented.