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 49086District 10Field 68831200Hydrogen sulphide fieldGasSaveExport
Value, all time
$825 k
Jan 1993 – May 2026
Value, last 12 filed months
$17 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
GasProduction295,476 Mcf$824,755
Total$824,755

108,835 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 35.6097, -101.8419. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.60968, -101.84194 · 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
2,070 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 2,070 ft.

Completions filed
Sep 1970
1 of 1 wells

1 well

42-3753002939R2,070 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 202640998.932.87$1,174
Mar 202640689.753.15$1,279
Feb 202635363.503.75$1,324
Jan 202640059.138.00$3,199
Dec 202540356.664.41$1,779
Nov 202539258.593.93$1,539
Oct 202541159.383.30$1,358
Sep 202540662.743.08$1,249
Aug 202537863.933.01$1,140
Jul 202541566.743.32$1,376
Jun 202540566.483.13$1,267
May 202541660.553.23$1,345
Apr 202539962.363.54$1,414
Mar 202537967.704.27$1,618
Feb 202529670.884.34$1,285
Jan 20251274.324.28$51
Dec 202440668.993.12$1,267
Nov 202439569.052.20$868
Oct 202440871.372.28$931
Sep 202440369.612.36$953
Aug 202442375.632.06$873
Jul 202442179.932.15$904
Jun 202442078.082.63$1,106
May 202443878.812.20$963
Apr 202442284.451.66$700
Mar 202443480.301.55$671
Feb 202440676.091.78$724
Jan 202443273.023.30$1,425
Dec 202344071.262.61$1,149
Nov 202343177.892.81$1,210
Oct 202344785.443.09$1,380
Sep 202343889.042.74$1,198
Aug 202345680.522.67$1,219
Jul 202387974.852.64$2,322
Jun 202344268.962.26$998
May 202345770.622.23$1,018
Apr 202344478.122.24$994
Mar 202345672.852.39$1,091
Feb 202341475.112.47$1,021
Jan 202343176.533.39$1,460
Dec 202243576.415.73$2,492
Nov 202243185.005.65$2,434
Oct 202244287.185.86$2,592
Sep 202243684.888.16$3,559
Aug 202247094.529.13$4,290
Jul 2022385101.587.54$2,904
Jun 2022423115.097.98$3,374
May 2022430109.378.43$3,626
Apr 2022431104.226.84$2,947
Mar 2022442108.885.08$2,244
Feb 202240291.054.86$1,953
Jan 202245281.844.54$2,051
Dec 202146671.323.90$1,817
Nov 202145277.435.24$2,367
Oct 202145379.795.71$2,588
Sep 202145569.865.35$2,435
Aug 202147566.024.22$2,005
Jul 202147970.783.98$1,907
Jun 202147269.493.38$1,596
May 202151463.483.02$1,551
Apr 202138560.362.76$1,062
Mar 202159661.302.72$1,619
Feb 202120257.805.55$1,121
Jan 202147450.412.81$1,332
Dec 202048144.642.68$1,287
Nov 202048738.772.71$1,318
Oct 202044036.972.48$1,091
Sep 202047337.091.99$942
Aug 202048639.982.39$1,159
Jul 202048638.371.83$887
Jun 202047234.901.69$798
May 202048416.921.81$878
Apr 202046614.751.80$841
Mar 202047530.341.86$882
Feb 202044149.881.98$873
Jan 202047457.252.09$993
Dec 201947959.012.30$1,104
Nov 201946755.302.75$1,285
Oct 201949653.472.42$1,200
Sep 201950355.052.66$1,337
Aug 201951953.112.30$1,196
Jul 201953756.272.46$1,321
Jun 201953752.782.49$1,338
May 201960058.482.74$1,644
Apr 201938062.632.75$1,045
Mar 201954756.803.06$1,675
Feb 201950050.852.79$1,396
Jan 201950946.033.23$1,643
Dec 2018046.594.19$0
Nov 2018052.934.24$0
Oct 201855061.443.40$1,869
Sep 201853559.543.11$1,663
Aug 201856159.403.07$1,720
Jul 201858265.142.93$1,706
Jun 201856360.183.08$1,732
May 201860465.382.90$1,752
Apr 201866863.842.90$1,938
Mar 201833361.222.79$928
Feb 201854561.782.77$1,508
Jan 201862662.874.01$2,510
Dec 201765057.272.92$1,899
Nov 201768455.423.12$2,133
Oct 201747449.292.98$1,414
Sep 201735047.523.09$1,081
Aug 201751545.373.00$1,547
Jul 201717643.873.09$543
Jun 201754842.493.09$1,692
May 201759145.373.26$1,929
Apr 201756247.933.21$1,805
Mar 201760046.772.98$1,790
Feb 201753650.452.95$1,583
Jan 201759849.413.42$2,044
Dec 201662448.763.72$2,323
Nov 201658242.492.64$1,539
Oct 201664146.193.09$1,981
Sep 201654941.553.10$1,702
Aug 201645041.442.92$1,316
Jul 201659541.622.92$1,740
Jun 201658345.352.69$1,566
May 201662042.521.99$1,234
Apr 201660636.561.99$1,207
Mar 201663133.011.79$1,132
Feb 201658426.472.06$1,205
Jan 201666727.352.36$1,577
Dec 201562632.362.00$1,253
Nov 201562738.792.17$1,359
Oct 201564943.552.43$1,575
Sep 201563442.992.76$1,749
Aug 201566440.162.87$1,907
Jul 201568048.152.95$2,003
Jun 201568356.152.88$1,969
May 201562555.212.96$1,847
Apr 201565649.822.71$1,776
Mar 201564342.892.93$1,887
Feb 201538444.662.98$1,143
Jan 201580843.433.10$2,505
Dec 201474954.693.59$2,690
Nov 201459570.464.25$2,530
Oct 201472278.303.90$2,816
Sep 201424586.164.05$991
Aug 201439089.394.04$1,574
Jul 201470496.564.18$2,942
Jun 201454398.164.74$2,572
May 201465594.734.73$3,096
Apr 201465095.944.81$3,126
Mar 201466495.895.06$3,358
Feb 201460097.406.19$3,715
Jan 201466190.404.86$3,213
Dec 201366691.824.35$2,900
Nov 201365588.853.74$2,449
Oct 201368797.423.78$2,596
Sep 2013668104.113.72$2,483
Aug 2013670104.253.52$2,360
Jul 2013701102.523.72$2,606
Jun 201370094.403.93$2,753
May 201366594.834.15$2,759
Apr 201368793.964.28$2,942
Mar 201372593.623.91$2,837
Feb 201366091.233.42$2,257
Jan 201373291.603.42$2,503
Dec 201273386.773.42$2,507
Nov 201271586.953.62$2,592
Oct 201273089.383.40$2,482
Sep 201272294.672.92$2,107
Aug 201274992.662.91$2,178
Jul 201276185.133.02$2,299
Jun 201274979.822.52$1,887
May 201266791.612.49$1,660
Apr 2012722101.652.00$1,442
Mar 2012783105.052.22$1,740
Feb 2012727101.102.57$1,869
Jan 201279898.092.73$2,182
Dec 201178696.873.24$2,546
Nov 201177495.723.31$2,563
Oct 201175584.983.65$2,755
Sep 201175983.623.99$3,025
Aug 201186383.404.15$3,581
Jul 201179494.144.52$3,587
Jun 201183292.904.64$3,860
May 201188298.134.40$3,885
Apr 2011762105.964.33$3,302
Mar 201182096.364.06$3,327
Feb 201172385.644.18$3,022
Jan 201181386.504.59$3,731
Dec 201082885.734.35$3,600
Nov 201081080.843.80$3,074
Oct 201084078.103.51$2,947
Sep 201082372.633.98$3,275
Aug 201086573.684.42$3,823
Jul 201091572.554.74$4,334
Jun 201076270.364.91$3,742
May 201077071.124.24$3,261
Apr 201085881.694.12$3,537
Mar 201089678.394.39$3,932
Feb 201081173.585.44$4,414
Jan 201090474.365.96$5,392
Dec 200991371.445.48$5,007
Nov 200991174.593.75$3,418
Oct 200997472.544.11$4,003
Sep 200989565.543.06$2,743
Aug 200997567.423.22$3,138
Jul 20091,10361.133.46$3,821
Jun 200951366.163.90$1,998
May 200996654.743.93$3,792
Apr 200996546.773.59$3,462
Mar 20091,00142.144.06$4,063
Feb 200990632.814.63$4,198
Jan 20091,01335.865.37$5,441
Dec 20081,01837.105.98$6,085
Nov 20081,01355.496.86$6,950
Oct 20081,08275.246.92$7,490
Sep 20081,064101.767.88$8,381
Aug 20081,136114.228.48$9,637
Jul 20081,063131.0811.39$12,107
Jun 20081,127131.3313.03$14,688
May 20081,172123.1711.57$13,565
Apr 20081,170110.3110.45$12,232
Mar 20081,231101.909.66$11,896
Feb 20081,16292.538.77$10,191
Jan 20081,26490.388.21$10,372
Dec 20071,27888.337.30$9,332
Nov 20071,29291.677.29$9,421
Oct 20071,41782.856.92$9,808
Sep 20071,41175.846.24$8,811
Aug 20071,50469.066.39$9,607
Jul 20071,57070.906.39$10,029
Jun 20071,59362.007.55$12,025
May 20071,70158.747.85$13,347
Apr 20071,76359.617.81$13,761
Mar 20072,04456.927.30$14,925
Feb 20071,83755.108.22$15,093
Jan 20072,27450.306.73$15,297
Dec 20062,61956.656.92$18,119
Nov 20063,18554.207.62$24,262
Oct 20065,04554.906.01$30,340
Sep 20061,12460.085.04$5,662
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 1998011.742.24$0
Jun 1998011.242.24$0
May 1998012.622.21$0
Apr 1998013.042.51$0
Mar 1998012.802.31$0
Feb 1998013.952.30$0
Jan 1998014.702.15$0
Dec 199772316.322.41$1,743
Nov 19971,83618.193.09$5,670
Oct 19971,88719.253.15$5,944
Sep 19971,85617.742.95$5,484
Aug 19972,06417.862.55$5,273
Jul 19971,94617.582.25$4,373
Jun 19971,98617.242.26$4,483
May 19971,52518.972.31$3,520
Apr 19971,63717.882.08$3,410
Mar 19971,93018.951.94$3,743
Feb 19971,65720.492.21$3,655
Jan 19971,77923.483.54$6,297
Dec 19961,95323.32$0
Nov 19961,92621.97$0
Oct 19962,11423.31$0
Sep 19961,97822.22$0
Aug 19962,01420.26$0
Jul 19962,17119.55$0
Jun 19962,01518.73$0
May 19962,14919.43$0
Apr 19962,01421.51$0
Mar 19962,01519.38$0
Feb 19961,93216.98$0
Jan 19962,02817.07$0
Dec 19952,05417.19$0
Nov 19952,05916.00$0
Oct 19952,19315.43$0
Sep 19952,13716.18$0
Aug 19952,32015.92$0
Jul 19952,14815.24$0
Jun 19952,22616.41$0
May 19952,31617.56$0
Apr 19952,28017.73$0
Mar 19951,82816.44$0
Feb 19952,01516.58$0
Jan 19952,20115.92$0
Dec 19942,21515.03$0
Nov 19942,28015.90$0
Oct 19942,25915.58$0
Sep 19942,31315.29$0
Aug 19942,42516.13$0
Jul 19942,52917.56$0
Jun 19942,37617.09$0
May 19942,20315.88$0
Apr 19942,44414.14$0
Mar 19942,57212.46$0
Feb 19942,24812.50$0
Jan 19942,63412.66$0
Dec 19932,51512.33$0
Nov 19932,48414.49$0
Oct 19932,50815.85$0
Sep 19932,40815.03$0
Aug 19932,82115.66$0
Jul 19932,91615.46$0
Jun 19931,59716.79$0
May 19932,51417.68$0
Apr 19932,57018.05$0
Mar 19932,73918.14$0
Feb 19932,43617.90$0
Jan 19932,74316.93$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                  409 Mcf  × $  2.87 =     $1,174

────────────────────────────────────────────────────
Month total                                   $1,174

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/49086 is the state's own key, not one this site invented.