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 49085District 10Field 68831200Hydrogen sulphide fieldGasSaveExport
Value, all time
$916 k
Jan 1993 – May 2026
Value, last 12 filed months
$12 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
GasProduction456,363 Mcf$916,406
Total$916,406

227,187 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 35.5774, -101.8504. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.57740, -101.85041 · 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
1,961 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 1,961 ft.

1 well

42-3753002738R1,961 ft

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 202636398.932.87$1,042
Mar 202624489.753.15$768
Feb 20262163.503.75$79
Jan 202630559.138.00$2,439
Dec 202530956.664.41$1,364
Nov 202530258.593.93$1,186
Oct 202532259.383.30$1,064
Sep 202532362.743.08$994
Aug 202530363.933.01$913
Jul 202534266.743.32$1,134
Jun 202532666.483.13$1,020
May 202533460.553.23$1,080
Apr 202531462.363.54$1,113
Mar 202528667.704.27$1,221
Feb 202523370.884.34$1,011
Jan 202531074.324.28$1,326
Dec 202431468.993.12$980
Nov 202430469.052.20$668
Oct 202431871.372.28$725
Sep 202432469.612.36$766
Aug 202433775.632.06$695
Jul 202436079.932.15$773
Jun 202435178.082.63$925
May 202435778.812.20$785
Apr 202434684.451.66$574
Mar 202435680.301.55$550
Feb 202432376.091.78$576
Jan 202434473.023.30$1,134
Dec 202336071.262.61$940
Nov 202335377.892.81$991
Oct 202337385.443.09$1,152
Sep 202336889.042.74$1,006
Aug 202338480.522.67$1,026
Jul 202343274.852.64$1,141
Jun 202337368.962.26$842
May 202337970.622.23$844
Apr 202336278.122.24$810
Mar 202336272.852.39$866
Feb 202332575.112.47$801
Jan 202335776.533.39$1,209
Dec 202236276.415.73$2,074
Nov 202235385.005.65$1,993
Oct 202237487.185.86$2,193
Sep 202237384.888.16$3,045
Aug 202238894.529.13$3,541
Jul 2022381101.587.54$2,874
Jun 2022369115.097.98$2,944
May 2022371109.378.43$3,129
Apr 2022359104.226.84$2,455
Mar 2022359108.885.08$1,822
Feb 202231191.054.86$1,511
Jan 202234581.844.54$1,566
Dec 202135871.323.90$1,396
Nov 202135477.435.24$1,854
Oct 202137779.795.71$2,154
Sep 202137469.865.35$2,001
Aug 202153266.024.22$2,245
Jul 202154570.783.98$2,170
Jun 202152669.493.38$1,778
May 202157263.483.02$1,726
Apr 202136560.362.76$1,007
Mar 202156261.302.72$1,527
Feb 202121157.805.55$1,171
Jan 202149150.412.81$1,380
Dec 202051244.642.68$1,370
Nov 202044138.772.71$1,194
Oct 202044836.972.48$1,110
Sep 202049537.091.99$986
Aug 202051339.982.39$1,224
Jul 202052538.371.83$958
Jun 202053134.901.69$898
May 202054016.921.81$980
Apr 202051514.751.80$929
Mar 202050930.341.86$945
Feb 202047549.881.98$941
Jan 202051257.252.09$1,073
Dec 201951559.012.30$1,187
Nov 201950255.302.75$1,381
Oct 201954553.472.42$1,318
Sep 201956155.052.66$1,491
Aug 201957753.112.30$1,330
Jul 201959856.272.46$1,471
Jun 201957452.782.49$1,430
May 201964758.482.74$1,773
Apr 201940262.632.75$1,106
Mar 201960856.803.06$1,862
Feb 201949050.852.79$1,368
Jan 201961146.033.23$1,972
Dec 2018046.594.19$0
Nov 2018052.934.24$0
Oct 201859661.443.40$2,025
Sep 201858459.543.11$1,815
Aug 201861159.403.07$1,874
Jul 201862165.142.93$1,821
Jun 201860760.183.08$1,868
May 201863765.382.90$1,848
Apr 201872963.842.90$2,115
Mar 201822061.222.79$613
Feb 201855961.782.77$1,546
Jan 201862562.874.01$2,506
Dec 201762157.272.92$1,814
Nov 201767055.423.12$2,089
Oct 201746249.292.98$1,378
Sep 201745647.523.09$1,408
Aug 201753245.373.00$1,598
Jul 201735043.873.09$1,081
Jun 201759142.493.09$1,825
May 201762945.373.26$2,053
Apr 201758547.933.21$1,879
Mar 201762846.772.98$1,874
Feb 201756850.452.95$1,677
Jan 201768149.413.42$2,328
Dec 201657348.763.72$2,133
Nov 201662242.492.64$1,645
Oct 201665646.193.09$2,027
Sep 201662741.553.10$1,944
Aug 201661941.442.92$1,810
Jul 201666241.622.92$1,936
Jun 201663845.352.69$1,714
May 201665542.521.99$1,304
Apr 201663836.561.99$1,270
Mar 201666933.011.79$1,200
Feb 201661226.472.06$1,263
Jan 201666827.352.36$1,579
Dec 201567132.362.00$1,343
Nov 201565938.792.17$1,428
Oct 201569543.552.43$1,686
Sep 201567842.992.76$1,870
Aug 201571140.162.87$2,042
Jul 201571948.152.95$2,118
Jun 201572056.152.88$2,076
May 201561155.212.96$1,806
Apr 201568449.822.71$1,851
Mar 201576942.892.93$2,257
Feb 201564844.662.98$1,929
Jan 201573943.433.10$2,291
Dec 201473554.693.59$2,640
Nov 201476070.464.25$3,231
Oct 20141,01478.303.90$3,956
Sep 201411986.164.05$481
Aug 201443889.394.04$1,767
Jul 201477096.564.18$3,218
Jun 201472298.164.74$3,420
May 201476694.734.73$3,621
Apr 201474295.944.81$3,568
Mar 201477195.895.06$3,899
Feb 201467897.406.19$4,198
Jan 201477190.404.86$3,748
Dec 201380091.824.35$3,484
Nov 201371588.853.74$2,673
Oct 201379297.423.78$2,993
Sep 2013786104.113.72$2,922
Aug 2013820104.253.52$2,889
Jul 2013860102.523.72$3,197
Jun 201387594.403.93$3,442
May 201383094.834.15$3,444
Apr 201385893.964.28$3,674
Mar 201385093.623.91$3,326
Feb 201381291.233.42$2,777
Jan 201390191.603.42$3,081
Dec 201291086.773.42$3,112
Nov 201288986.953.62$3,223
Oct 201293189.383.40$3,165
Sep 201291194.672.92$2,659
Aug 201294892.662.91$2,757
Jul 201296685.133.02$2,918
Jun 201294979.822.52$2,391
May 201293891.612.49$2,334
Apr 2012946101.652.00$1,889
Mar 2012988105.052.22$2,195
Feb 2012905101.102.57$2,326
Jan 201298298.092.73$2,685
Dec 201193296.873.24$3,019
Nov 201193195.723.31$3,083
Oct 201193484.983.65$3,408
Sep 201191783.623.99$3,655
Aug 201198083.404.15$4,066
Jul 201193694.144.52$4,228
Jun 201195292.904.64$4,417
May 201199598.134.40$4,383
Apr 2011955105.964.33$4,138
Mar 20111,00496.364.06$4,074
Feb 201189785.644.18$3,749
Jan 20111,01386.504.59$4,648
Dec 20101,03485.734.35$4,496
Nov 20101,01680.843.80$3,856
Oct 20101,07278.103.51$3,762
Sep 20101,10372.633.98$4,389
Aug 20101,22173.684.42$5,396
Jul 20101,25072.554.74$5,921
Jun 20101,25570.364.91$6,163
May 20101,03171.124.24$4,367
Apr 20101,20581.694.12$4,968
Mar 20101,16978.394.39$5,130
Feb 20101,00173.585.44$5,448
Jan 20101,11074.365.96$6,620
Dec 20091,12171.445.48$6,147
Nov 20091,11574.593.75$4,183
Oct 20091,17472.544.11$4,825
Sep 20091,23565.543.06$3,785
Aug 20091,38167.423.22$4,445
Jul 20091,39861.133.46$4,843
Jun 20091,38166.163.90$5,379
May 20091,42754.743.93$5,602
Apr 20091,29646.773.59$4,649
Mar 20091,32042.144.06$5,358
Feb 20091,23832.814.63$5,736
Jan 20091,39535.865.37$7,493
Dec 20081,43837.105.98$8,595
Nov 20081,43255.496.86$9,824
Oct 20081,59475.246.92$11,034
Sep 20081,675101.767.88$13,194
Aug 20081,783114.228.48$15,125
Jul 20081,745131.0811.39$19,875
Jun 20081,817131.3313.03$23,680
May 20082,039123.1711.57$23,600
Apr 20081,264110.3110.45$13,215
Mar 20081,916101.909.66$18,516
Feb 20082,47792.538.77$21,725
Jan 200894190.388.21$7,722
Dec 200736488.337.30$2,658
Nov 20071,06691.677.29$7,773
Oct 20071,29082.856.92$8,929
Sep 20071,16775.846.24$7,287
Aug 20071,36669.066.39$8,726
Jul 20071,32270.906.39$8,445
Jun 200788062.007.55$6,643
May 20071,23658.747.85$9,698
Apr 20071,10159.617.81$8,594
Mar 200792056.927.30$6,718
Feb 200757955.108.22$4,757
Jan 200713250.306.73$888
Dec 200645656.656.92$3,155
Nov 20061,08954.207.62$8,295
Oct 20061,61254.906.01$9,694
Sep 200660760.085.04$3,058
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 1998911.301.91$17
Jul 19983,55411.742.24$7,951
Jun 19983,23611.242.24$7,240
May 19982,78512.622.21$6,145
Apr 19982,49213.042.51$6,243
Mar 19983,32712.802.31$7,684
Feb 19982,59313.952.30$5,962
Jan 19982,81414.702.15$6,064
Dec 19973,14916.322.41$7,593
Nov 19973,09118.193.09$9,546
Oct 19973,20619.253.15$10,098
Sep 19973,33117.742.95$9,843
Aug 19973,49617.862.55$8,931
Jul 19973,18417.582.25$7,154
Jun 19973,81417.242.26$8,609
May 19972,73418.972.31$6,311
Apr 19973,44917.882.08$7,184
Mar 19973,33418.951.94$6,465
Feb 19973,27720.492.21$7,229
Jan 19973,28923.483.54$11,642
Dec 19963,56423.32$0
Nov 19963,63921.97$0
Oct 19963,94923.31$0
Sep 19963,46322.22$0
Aug 19963,74620.26$0
Jul 19963,86319.55$0
Jun 19964,02118.73$0
May 19964,24919.43$0
Apr 19964,05321.51$0
Mar 19964,09319.38$0
Feb 19963,64516.98$0
Jan 19963,90617.07$0
Dec 19953,93417.19$0
Nov 19954,16116.00$0
Oct 19954,38315.43$0
Sep 19953,97316.18$0
Aug 19954,38315.92$0
Jul 19954,50815.24$0
Jun 19954,33816.41$0
May 19954,10217.56$0
Apr 19954,20917.73$0
Mar 19954,76916.44$0
Feb 19953,80016.58$0
Jan 19954,15715.92$0
Dec 19943,95915.03$0
Nov 19944,29115.90$0
Oct 19944,82115.58$0
Sep 19945,15515.29$0
Aug 19945,39416.13$0
Jul 19945,53417.56$0
Jun 19945,30517.09$0
May 19944,36015.88$0
Apr 19944,96814.14$0
Mar 19945,29912.46$0
Feb 19944,35612.50$0
Jan 19945,33012.66$0
Dec 19935,40812.33$0
Nov 19935,46614.49$0
Oct 19935,81015.85$0
Sep 19935,84715.03$0
Aug 19936,32715.66$0
Jul 19936,25815.46$0
Jun 19936,22416.79$0
May 19936,59117.68$0
Apr 19936,35118.05$0
Mar 19936,34418.14$0
Feb 19935,08117.90$0
Jan 19935,80016.93$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                  363 Mcf  × $  2.87 =     $1,042

────────────────────────────────────────────────────
Month total                                   $1,042

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/49085 is the state's own key, not one this site invented.