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 49084District 10Field 68831200Hydrogen sulphide fieldGasSaveExport
Value, all time
$1.3 M
Jan 1993 – May 2026
Value, last 12 filed months
$24 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
GasProduction590,266 Mcf$1,259,050
Total$1,259,050

268,036 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 35.5562, -101.9233. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.55618, -101.92333 · 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
1,997 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 1,997 ft.

Completions filed
Sep 1970
1 of 1 wells

1 well

42-3753002336R1,997 ftSep 1970

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 202653898.932.87$1,544
Mar 202657289.753.15$1,801
Feb 202648263.503.75$1,808
Jan 202656359.138.00$4,503
Dec 202555356.664.41$2,441
Nov 202555358.593.93$2,171
Oct 202557759.383.30$1,907
Sep 202556862.743.08$1,748
Aug 202559763.933.01$1,800
Jul 202572366.743.32$2,397
Jun 202558466.483.13$1,827
May 202559760.553.23$1,930
Apr 202555762.363.54$1,974
Mar 202551467.704.27$2,194
Feb 202550470.884.34$2,188
Jan 20252174.324.28$90
Dec 202459568.993.12$1,857
Nov 202460669.052.20$1,332
Oct 202452871.372.28$1,205
Sep 202454969.612.36$1,298
Aug 202455475.632.06$1,143
Jul 202462979.932.15$1,350
Jun 202460278.082.63$1,586
May 202460678.812.20$1,332
Apr 202459384.451.66$984
Mar 202466580.301.55$1,028
Feb 202457976.091.78$1,033
Jan 202459673.023.30$1,965
Dec 202369171.262.61$1,804
Nov 202365377.892.81$1,833
Oct 202364185.443.09$1,979
Sep 202363189.042.74$1,726
Aug 202364980.522.67$1,735
Jul 202354874.852.64$1,448
Jun 202364468.962.26$1,454
May 202365770.622.23$1,463
Apr 202365378.122.24$1,461
Mar 202361772.852.39$1,477
Feb 202359375.112.47$1,462
Jan 202368076.533.39$2,304
Dec 202268576.415.73$3,924
Nov 202266585.005.65$3,755
Oct 202271487.185.86$4,187
Sep 202271984.888.16$5,870
Aug 202275194.529.13$6,855
Jul 2022797101.587.54$6,011
Jun 2022696115.097.98$5,552
May 2022684109.378.43$5,768
Apr 2022615104.226.84$4,205
Mar 2022732108.885.08$3,716
Feb 202261791.054.86$2,998
Jan 202271081.844.54$3,222
Dec 202175471.323.90$2,940
Nov 202171077.435.24$3,718
Oct 202175879.795.71$4,331
Sep 202176269.865.35$4,077
Aug 202185766.024.22$3,617
Jul 202170770.783.98$2,815
Jun 202170169.493.38$2,370
May 202176963.483.02$2,321
Apr 202148360.362.76$1,332
Mar 202185361.302.72$2,318
Feb 202132657.805.55$1,809
Jan 202174450.412.81$2,091
Dec 202076144.642.68$2,036
Nov 202063338.772.71$1,713
Oct 202068336.972.48$1,693
Sep 202080437.091.99$1,601
Aug 202057739.982.39$1,376
Jul 202083938.371.83$1,531
Jun 202077334.901.69$1,307
May 202075616.921.81$1,372
Apr 202073414.751.80$1,324
Mar 202068930.341.86$1,279
Feb 202069149.881.98$1,369
Jan 202074357.252.09$1,556
Dec 201978759.012.30$1,814
Nov 201956055.302.75$1,540
Oct 201975553.472.42$1,826
Sep 201964855.052.66$1,722
Aug 201972153.112.30$1,661
Jul 201973356.272.46$1,803
Jun 201954052.782.49$1,345
May 201963658.482.74$1,743
Apr 201958462.632.75$1,606
Mar 201949856.803.06$1,525
Feb 201956850.852.79$1,586
Jan 201975346.033.23$2,431
Dec 2018046.594.19$0
Nov 2018052.934.24$0
Oct 201881561.443.40$2,769
Sep 201879359.543.11$2,465
Aug 201877759.403.07$2,383
Jul 201876065.142.93$2,228
Jun 201874260.183.08$2,283
May 201882765.382.90$2,399
Apr 201889063.842.90$2,582
Mar 201813461.222.79$373
Feb 201860761.782.77$1,679
Jan 201873862.874.01$2,959
Dec 201789657.272.92$2,618
Nov 201792055.423.12$2,869
Oct 201763249.292.98$1,886
Sep 201736347.523.09$1,121
Aug 201774745.373.00$2,244
Jul 201751343.873.09$1,584
Jun 201780542.493.09$2,485
May 201788645.373.26$2,891
Apr 201779247.933.21$2,544
Mar 201782446.772.98$2,459
Feb 201775450.452.95$2,226
Jan 201785849.413.42$2,933
Dec 201685048.763.72$3,164
Nov 201691042.492.64$2,406
Oct 201680146.193.09$2,475
Sep 201673941.553.10$2,291
Aug 201682241.442.92$2,404
Jul 201693641.622.92$2,737
Jun 201690545.352.69$2,431
May 201695542.521.99$1,901
Apr 201690736.561.99$1,806
Mar 201696233.011.79$1,726
Feb 201687526.472.06$1,806
Jan 201699927.352.36$2,362
Dec 20151,02932.362.00$2,059
Nov 201581838.792.17$1,773
Oct 201592243.552.43$2,237
Sep 201587142.992.76$2,403
Aug 201588040.162.87$2,528
Jul 201592748.152.95$2,730
Jun 201580356.152.88$2,315
May 201569055.212.96$2,039
Apr 201593749.822.71$2,536
Mar 201588842.892.93$2,606
Feb 201586944.662.98$2,586
Jan 201596243.433.10$2,983
Dec 20141,00454.693.59$3,606
Nov 201490670.464.25$3,852
Oct 20141,04778.303.90$4,084
Sep 201491586.164.05$3,702
Aug 201478989.394.04$3,184
Jul 201496396.564.18$4,025
Jun 20141,01298.164.74$4,794
May 20141,07894.734.73$5,095
Apr 201494595.944.81$4,545
Mar 201499595.895.06$5,032
Feb 201491097.406.19$5,635
Jan 20141,03890.404.86$5,045
Dec 20131,01891.824.35$4,433
Nov 20131,04088.853.74$3,888
Oct 20131,07397.423.78$4,055
Sep 20131,059104.113.72$3,937
Aug 20131,120104.253.52$3,945
Jul 20131,093102.523.72$4,063
Jun 20131,11794.403.93$4,394
May 201398194.834.15$4,070
Apr 20131,09993.964.28$4,707
Mar 20131,10193.623.91$4,308
Feb 20131,03691.233.42$3,543
Jan 20131,13491.603.42$3,878
Dec 20121,11386.773.42$3,807
Nov 20121,10586.953.62$4,006
Oct 20121,13789.383.40$3,865
Sep 20121,10894.672.92$3,234
Aug 20121,13092.662.91$3,286
Jul 20121,16085.133.02$3,504
Jun 20121,13079.822.52$2,847
May 20121,11691.612.49$2,777
Apr 20121,111101.652.00$2,218
Mar 20121,134105.052.22$2,520
Feb 20121,051101.102.57$2,701
Jan 20121,14498.092.73$3,128
Dec 20111,16196.873.24$3,761
Nov 20111,15495.723.31$3,821
Oct 20111,20684.983.65$4,400
Sep 20111,20183.623.99$4,787
Aug 20111,21783.404.15$5,050
Jul 20111,23194.144.52$5,561
Jun 20111,24192.904.64$5,758
May 20111,30298.134.40$5,735
Apr 20111,285105.964.33$5,568
Mar 20111,30496.364.06$5,291
Feb 20111,15485.644.18$4,824
Jan 20111,33886.504.59$6,140
Dec 20101,31785.734.35$5,726
Nov 20101,32680.843.80$5,033
Oct 20101,32978.103.51$4,663
Sep 20101,28772.633.98$5,122
Aug 20101,34173.684.42$5,926
Jul 20101,29472.554.74$6,129
Jun 20101,22970.364.91$6,035
May 20101,23471.124.24$5,226
Apr 20101,32681.694.12$5,467
Mar 20101,37378.394.39$6,026
Feb 20101,26673.585.44$6,890
Jan 20101,41674.365.96$8,445
Dec 20091,43771.445.48$7,880
Nov 20091,37274.593.75$5,147
Oct 20091,42572.544.11$5,857
Sep 20091,34765.543.06$4,128
Aug 20091,45067.423.22$4,667
Jul 20091,45561.133.46$5,041
Jun 20091,42166.163.90$5,535
May 20091,49554.743.93$5,869
Apr 20091,44346.773.59$5,177
Mar 20091,54142.144.06$6,255
Feb 20091,38732.814.63$6,426
Jan 20091,55935.865.37$8,373
Dec 20081,54037.105.98$9,205
Nov 20081,53155.496.86$10,503
Oct 20081,58275.246.92$10,951
Sep 20081,551101.767.88$12,217
Aug 20081,639114.228.48$13,904
Jul 20081,650131.0811.39$18,793
Jun 20081,608131.3313.03$20,956
May 20081,597123.1711.57$18,484
Apr 20081,621110.3110.45$16,947
Mar 20081,699101.909.66$16,419
Feb 20081,62892.538.77$14,279
Jan 20081,53790.388.21$12,612
Dec 20071,61988.337.30$11,822
Nov 20071,86291.677.29$13,577
Oct 20071,84382.856.92$12,757
Sep 20071,79275.846.24$11,190
Aug 20071,80669.066.39$11,537
Jul 20071,84670.906.39$11,792
Jun 20071,87262.007.55$14,131
May 20071,88258.747.85$14,767
Apr 20071,70859.617.81$13,331
Mar 20072,04156.927.30$14,903
Feb 20071,80155.108.22$14,797
Jan 20072,04150.306.73$13,730
Dec 20062,13356.656.92$14,757
Nov 20062,26954.207.62$17,284
Oct 20063,06154.906.01$18,408
Sep 20061,98860.085.04$10,014
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 199826010.892.19$568
Oct 19983,80312.421.97$7,489
Sep 19983,71212.592.08$7,731
Aug 19983,99411.301.91$7,618
Jul 19984,04111.742.24$9,041
Jun 19983,72311.242.24$8,329
May 19983,80912.622.21$8,404
Apr 19983,82413.042.51$9,580
Mar 19984,07712.802.31$9,416
Feb 19983,74113.952.30$8,601
Jan 19984,13014.702.15$8,899
Dec 19974,11916.322.41$9,931
Nov 19973,89918.193.09$12,041
Oct 19974,77719.253.15$15,047
Sep 19974,12917.742.95$12,201
Aug 19974,58617.862.55$11,716
Jul 19974,54917.582.25$10,221
Jun 19974,56417.242.26$10,302
May 19974,30018.972.31$9,927
Apr 19974,48517.882.08$9,341
Mar 19974,77618.951.94$9,261
Feb 19974,34320.492.21$9,580
Jan 19974,19923.483.54$14,863
Dec 19964,75523.32$0
Nov 19964,63321.97$0
Oct 19964,84423.31$0
Sep 19964,66922.22$0
Aug 19964,68320.26$0
Jul 19965,22119.55$0
Jun 19964,43318.73$0
May 19965,10419.43$0
Apr 19964,76721.51$0
Mar 19964,80119.38$0
Feb 19964,56916.98$0
Jan 19964,82817.07$0
Dec 19954,84017.19$0
Nov 19954,75016.00$0
Oct 19955,24715.43$0
Sep 19954,95916.18$0
Aug 19955,61215.92$0
Jul 19955,72115.24$0
Jun 19954,73016.41$0
May 19955,14117.56$0
Apr 19955,25617.73$0
Mar 19955,49416.44$0
Feb 19954,94116.58$0
Jan 19955,44515.92$0
Dec 19945,40715.03$0
Nov 19945,44715.90$0
Oct 19946,02115.58$0
Sep 19945,97015.29$0
Aug 19946,15116.13$0
Jul 19946,21717.56$0
Jun 19946,17317.09$0
May 19945,31715.88$0
Apr 19945,82414.14$0
Mar 19946,11812.46$0
Feb 19945,62212.50$0
Jan 19946,11212.66$0
Dec 19936,26712.33$0
Nov 19935,95414.49$0
Oct 19936,29315.85$0
Sep 19936,32815.03$0
Aug 19936,65215.66$0
Jul 19936,80215.46$0
Jun 19936,81816.79$0
May 19936,28817.68$0
Apr 19936,76818.05$0
Mar 19936,87018.14$0
Feb 19936,24017.90$0
Jan 19936,93416.93$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                  538 Mcf  × $  2.87 =     $1,544

────────────────────────────────────────────────────
Month total                                   $1,544

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/49084 is the state's own key, not one this site invented.