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 46070District 10Field 68831200Hydrogen sulphide fieldNGPA filingCondensateGasSaveExport
Value, all time
$290 k
Jan 1993 – May 2026
Value, last 12 filed months
$5 k
at the published price for each month
Months reported
401
no gaps in the span
Streams
2
condensate, 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
NGPA2none

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
CondensateDisposition5 bbl$117
GasProduction176,216 Mcf$289,949
Total$290,066

83,984 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 35.6125, -101.9425. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.61255, -101.94253 · 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
2,135 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 2,135 ft.

Completions filed
Apr 1969
1 of 1 wells

1 well

42-3753000832R2,135 ftApr 1969

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 202600106.413.05$0
Apr 2026018198.932.87$519
Mar 2026023389.753.15$734
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 202502356.664.41$102
Nov 2025019358.593.93$758
Oct 2025019359.383.30$638
Sep 2025019162.743.08$588
Aug 2025018263.933.01$549
Jul 2025020266.743.32$670
Jun 2025019666.483.13$613
May 2025020760.553.23$669
Apr 2025020262.363.54$716
Mar 2025016867.704.27$717
Feb 2025014570.884.34$629
Jan 2025021374.324.28$911
Dec 2024023268.993.12$724
Nov 2024020969.052.20$459
Oct 2024022771.372.28$518
Sep 2024019869.612.36$468
Aug 2024020475.632.06$421
Jul 2024021179.932.15$453
Jun 2024021178.082.63$556
May 2024022178.812.20$486
Apr 2024021384.451.66$353
Mar 2024021880.301.55$337
Feb 2024019776.091.78$351
Jan 2024022073.023.30$725
Dec 2023022071.262.61$574
Nov 2023021277.892.81$595
Oct 2023021985.443.09$676
Sep 2023021289.042.74$580
Aug 2023021880.522.67$583
Jul 2023020274.852.64$534
Jun 2023021168.962.26$477
May 2023022070.622.23$490
Apr 2023021378.122.24$477
Mar 2023021772.852.39$519
Feb 2023019175.112.47$471
Jan 2023021076.533.39$711
Dec 2022021976.415.73$1,255
Nov 2022020585.005.65$1,157
Oct 2022021587.185.86$1,261
Sep 2022021084.888.16$1,714
Aug 2022021894.529.13$1,990
Jul 20220221101.587.54$1,667
Jun 20220212115.097.98$1,691
May 20220219109.378.43$1,847
Apr 20220211104.226.84$1,443
Mar 20220199108.885.08$1,010
Feb 2022017291.054.86$836
Jan 2022018081.844.54$817
Dec 2021020271.323.90$788
Nov 2021019477.435.24$1,016
Oct 2021020679.795.71$1,177
Sep 2021020069.865.35$1,070
Aug 2021021366.024.22$899
Jul 2021020470.783.98$812
Jun 2021020469.493.38$690
May 2021022263.483.02$670
Apr 2021012260.362.76$337
Mar 2021022861.302.72$619
Feb 2021011457.805.55$632
Jan 2021032250.412.81$905
Dec 2020046944.642.68$1,255
Nov 2020040938.772.71$1,107
Oct 2020026036.972.48$644
Sep 2020022637.091.99$450
Aug 2020022239.982.39$529
Jul 2020023238.371.83$423
Jun 2020023034.901.69$389
May 2020021116.921.81$383
Apr 2020021914.751.80$395
Mar 2020022330.341.86$414
Feb 2020021349.881.98$422
Jan 2020023057.252.09$482
Dec 2019024159.012.30$555
Nov 2019020955.302.75$575
Oct 2019023653.472.42$571
Sep 2019020355.052.66$539
Aug 2019022953.112.30$528
Jul 2019018156.272.46$445
Jun 2019022952.782.49$570
May 2019026358.482.74$721
Apr 2019017362.632.75$476
Mar 2019026456.803.06$808
Feb 2019025050.852.79$698
Jan 2019022646.033.23$730
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 2018028461.443.40$965
Sep 2018027559.543.11$855
Aug 2018028959.403.07$886
Jul 2018028565.142.93$836
Jun 2018028960.183.08$889
May 2018031165.382.90$902
Apr 2018032563.842.90$943
Mar 201805861.222.79$162
Feb 2018028361.782.77$783
Jan 2018031562.874.01$1,263
Dec 2017030357.272.92$885
Nov 2017034955.423.12$1,088
Oct 2017017549.292.98$522
Sep 2017018647.523.09$574
Aug 2017010745.373.00$321
Jul 2017013743.873.09$423
Jun 2017030142.493.09$929
May 2017032345.373.26$1,054
Apr 2017030747.933.21$986
Mar 2017029246.772.98$871
Feb 2017029250.452.95$862
Jan 2017027149.413.42$926
Dec 2016031848.763.72$1,184
Nov 2016032242.492.64$851
Oct 2016033746.193.09$1,041
Sep 2016031141.553.10$964
Aug 2016029241.442.92$854
Jul 2016033141.622.92$968
Jun 2016031745.352.69$851
May 2016029642.521.99$589
Apr 2016033436.561.99$665
Mar 2016033833.011.79$606
Feb 2016031826.472.06$656
Jan 2016036027.352.36$851
Dec 2015034032.362.00$680
Nov 2015036238.792.17$785
Oct 2015031243.552.43$757
Sep 2015035942.992.76$990
Aug 2015036240.162.87$1,040
Jul 2015038148.152.95$1,122
Jun 2015036056.152.88$1,038
May 2015028955.212.96$854
Apr 2015037949.822.71$1,026
Mar 2015039142.892.93$1,147
Feb 2015037744.662.98$1,122
Jan 2015041743.433.10$1,293
Dec 2014041654.693.59$1,494
Nov 2014047570.464.25$2,020
Oct 2014042678.303.90$1,662
Sep 2014055086.164.05$2,225
Aug 2014047289.394.04$1,905
Jul 2014018796.564.18$782
Jun 2014071298.164.74$3,373
May 2014055694.734.73$2,628
Apr 2014016095.944.81$769
Mar 201406595.895.06$329
Feb 2014024897.406.19$1,536
Jan 2014028690.404.86$1,390
Dec 2013020291.824.35$880
Nov 2013027988.853.74$1,043
Oct 2013033397.423.78$1,259
Sep 20130372104.113.72$1,383
Aug 20130418104.253.52$1,472
Jul 20130323102.523.72$1,201
Jun 2013017194.403.93$673
May 2013029594.834.15$1,224
Apr 2013029993.964.28$1,280
Mar 2013029593.623.91$1,154
Feb 2013029291.233.42$999
Jan 2013031591.603.42$1,077
Dec 2012031886.773.42$1,088
Nov 2012031286.953.62$1,131
Oct 2012030589.383.40$1,037
Sep 2012029894.672.92$870
Aug 2012031992.662.91$928
Jul 2012026985.133.02$813
Jun 2012026479.822.52$665
May 2012029891.612.49$742
Apr 20120322101.652.00$643
Mar 20120269105.052.22$598
Feb 20120294101.102.57$756
Jan 2012033298.092.73$908
Dec 2011037396.873.24$1,208
Nov 2011033095.723.31$1,093
Oct 2011034784.983.65$1,266
Sep 2011030683.623.99$1,220
Aug 2011034483.404.15$1,427
Jul 2011038894.144.52$1,753
Jun 2011034292.904.64$1,587
May 2011042498.134.40$1,868
Apr 20110390105.964.33$1,690
Mar 2011035996.364.06$1,457
Feb 2011025585.644.18$1,066
Jan 2011034486.504.59$1,579
Dec 2010035185.734.35$1,526
Nov 2010037880.843.80$1,435
Oct 2010041878.103.51$1,467
Sep 2010037872.633.98$1,504
Aug 2010035273.684.42$1,556
Jul 2010027772.554.74$1,312
Jun 2010031970.364.91$1,566
May 2010032171.124.24$1,360
Apr 2010033581.694.12$1,381
Mar 2010036478.394.39$1,597
Feb 2010024673.585.44$1,339
Jan 2010036174.365.96$2,153
Dec 2009030671.445.48$1,678
Nov 2009034574.593.75$1,294
Oct 2009035972.544.11$1,476
Sep 2009033565.543.06$1,027
Aug 2009035167.423.22$1,130
Jul 2009035261.133.46$1,220
Jun 2009042066.163.90$1,636
May 2009043554.743.93$1,708
Apr 2009043346.773.59$1,553
Mar 2009048942.144.06$1,985
Feb 2009043932.814.63$2,034
Jan 2009053335.865.37$2,863
Dec 2008051737.105.98$3,090
Nov 2008058055.496.86$3,979
Oct 2008066975.246.92$4,631
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 20010024.563.82$0
May 20010025.524.31$0
Apr 20010024.685.34$0
Mar 20010024.545.38$0
Feb 20010027.755.77$0
Jan 20010027.478.40$0
Dec 20000026.889.12$0
Nov 20000032.215.66$0
Oct 20000031.235.15$0
Sep 20000031.875.19$0
Aug 20000029.644.54$0
Jul 20000028.534.09$0
Jun 20000029.304.40$0
May 20000027.263.68$0
Apr 20000024.513.12$0
Mar 20000028.422.86$0
Feb 20000027.622.73$0
Jan 20000025.272.48$0
Dec 19990024.282.42$0
Nov 19990023.192.43$0
Oct 19990020.982.80$0
Sep 1999099621.752.62$2,608
Aug 199901,02819.262.88$2,956
Jul 199901,01117.892.37$2,398
Jun 1999083415.942.36$1,970
May 1999097515.792.32$2,263
Apr 1999075015.102.21$1,656
Mar 1999099812.471.84$1,835
Feb 199908729.981.82$1,585
Jan 1999096010.381.90$1,824
Dec 199809779.201.77$1,733
Nov 1998090110.892.19$1,969
Oct 1998096612.421.97$1,902
Sep 1998099512.592.08$2,072
Aug 199801,09811.301.91$2,094
Jul 199801,14611.742.24$2,564
Jun 199801,13011.242.24$2,528
May 199801,10512.622.21$2,438
Apr 1998092813.042.51$2,325
Mar 199801,15812.802.31$2,674
Feb 1998099213.952.30$2,281
Jan 199801,13014.702.15$2,435
Dec 199701,14216.322.41$2,753
Nov 1997095318.193.09$2,943
Oct 1997099219.253.15$3,125
Sep 1997099517.742.95$2,940
Aug 199701,06317.862.55$2,716
Jul 199701,06817.582.25$2,400
Jun 199701,02417.242.26$2,311
May 199701,05918.972.31$2,445
Apr 199701,01617.882.08$2,116
Mar 1997098518.951.94$1,910
Feb 1997092520.492.21$2,040
Jan 199701,09323.483.54$3,869
Dec 199601,15623.32$0
Nov 199601,05821.97$0
Oct 199651,15723.31$117
Sep 199601,03122.22$0
Aug 199601,19920.26$0
Jul 199601,03619.55$0
Jun 199601,20318.73$0
May 199601,30919.43$0
Apr 199601,27021.51$0
Mar 199601,37419.38$0
Feb 199601,32816.98$0
Jan 199601,16017.07$0
Dec 199501,39717.19$0
Nov 199501,36516.00$0
Oct 199501,54915.43$0
Sep 199501,54916.18$0
Aug 199501,69315.92$0
Jul 199501,58415.24$0
Jun 199501,48516.41$0
May 199501,56717.56$0
Apr 199501,32517.73$0
Mar 199501,39916.44$0
Feb 199501,55416.58$0
Jan 199501,70915.92$0
Dec 199401,65315.03$0
Nov 199401,53515.90$0
Oct 199401,45815.58$0
Sep 199401,49015.29$0
Aug 199401,62116.13$0
Jul 199401,61417.56$0
Jun 199401,73317.09$0
May 199401,96015.88$0
Apr 199401,82514.14$0
Mar 199401,73812.46$0
Feb 199401,74012.50$0
Jan 199402,10212.66$0
Dec 199302,18312.33$0
Nov 199302,16814.49$0
Oct 199302,39215.85$0
Sep 199302,44115.03$0
Aug 199302,65315.66$0
Jul 199302,47715.46$0
Jun 199302,64516.79$0
May 199302,85117.68$0
Apr 199302,77318.05$0
Mar 199302,77618.14$0
Feb 199302,47317.90$0
Jan 199303,22616.93$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
Condensate             0 bbl  × $ 98.93 =         $0
Gas                  181 Mcf  × $  2.87 =       $519

────────────────────────────────────────────────────
Month total                                     $519

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/46070 is the state's own key, not one this site invented.