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 49087District 10Field 68831200Hydrogen sulphide fieldGasSaveExport
Value, all time
$2.5 M
Jan 1993 – May 2026
Value, last 12 filed months
$50 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
GasProduction704,538 Mcf$2,489,415
Total$2,489,415

113,689 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 35.6352, -101.8259. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.63520, -101.82587 · 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
1,921 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 1,921 ft.

Completions filed
Sep 1970
1 of 1 wells

1 well

42-3413003640R1,921 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 20261,13798.932.87$3,263
Mar 20261,18389.753.15$3,726
Feb 20261,10663.503.75$4,148
Jan 20261,23559.138.00$9,877
Dec 20251,20356.664.41$5,309
Nov 20251,16158.593.93$4,559
Oct 20251,21059.383.30$3,999
Sep 20251,18862.743.08$3,655
Aug 20251,15363.933.01$3,476
Jul 20251,19166.743.32$3,948
Jun 20251,16166.483.13$3,632
May 20251,19760.553.23$3,869
Apr 20251,17362.363.54$4,156
Mar 20251,05067.704.27$4,482
Feb 20251,08470.884.34$4,705
Jan 20251,22874.324.28$5,254
Dec 20241,19768.993.12$3,736
Nov 20241,15469.052.20$2,537
Oct 20241,19671.372.28$2,729
Sep 20241,16069.612.36$2,743
Aug 20241,20175.632.06$2,478
Jul 20241,22579.932.15$2,630
Jun 20241,19278.082.63$3,140
May 20241,22578.812.20$2,693
Apr 20241,18884.451.66$1,971
Mar 20241,23380.301.55$1,905
Feb 20241,21176.091.78$2,160
Jan 20241,27973.023.30$4,218
Dec 20231,22271.262.61$3,190
Nov 20231,19377.892.81$3,349
Oct 20231,18485.443.09$3,655
Sep 20231,13989.042.74$3,115
Aug 20231,17880.522.67$3,149
Jul 20231,35174.852.64$3,569
Jun 20231,13868.962.26$2,570
May 20231,16570.622.23$2,595
Apr 20231,13178.122.24$2,531
Mar 20231,17472.852.39$2,810
Feb 20231,19575.112.47$2,946
Jan 20231,24576.533.39$4,218
Dec 20221,20676.415.73$6,909
Nov 20221,16585.005.65$6,578
Oct 20221,19987.185.86$7,031
Sep 20221,17184.888.16$9,560
Aug 20221,21494.529.13$11,080
Jul 20221,223101.587.54$9,224
Jun 20221,217115.097.98$9,708
May 20221,236109.378.43$10,423
Apr 20221,197104.226.84$8,185
Mar 20221,381108.885.08$7,011
Feb 20221,27791.054.86$6,205
Jan 20221,44781.844.54$6,566
Dec 20211,23871.323.90$4,827
Nov 20211,20077.435.24$6,284
Oct 20211,25579.795.71$7,171
Sep 20211,22369.865.35$6,544
Aug 20211,25966.024.22$5,314
Jul 20211,26470.783.98$5,033
Jun 20211,24569.493.38$4,209
May 20211,36763.483.02$4,125
Apr 202193260.362.76$2,571
Mar 20211,52361.302.72$4,138
Feb 202157857.805.55$3,207
Jan 20211,30450.412.81$3,665
Dec 20201,32144.642.68$3,534
Nov 20201,36038.772.71$3,681
Oct 20201,22336.972.48$3,031
Sep 20201,30937.091.99$2,606
Aug 20201,35739.982.39$3,237
Jul 20201,35838.371.83$2,479
Jun 20201,29834.901.69$2,194
May 20201,33616.921.81$2,425
Apr 20201,29314.751.80$2,333
Mar 20201,33130.341.86$2,471
Feb 20201,18449.881.98$2,345
Jan 20201,33557.252.09$2,796
Dec 20191,34659.012.30$3,102
Nov 20191,30555.302.75$3,590
Oct 20191,35153.472.42$3,267
Sep 20191,33355.052.66$3,542
Aug 20191,39653.112.30$3,217
Jul 20191,40656.272.46$3,459
Jun 20191,37952.782.49$3,435
May 20191,52158.482.74$4,168
Apr 20191,09562.632.75$3,012
Mar 20191,42856.803.06$4,373
Feb 20191,20050.852.79$3,351
Jan 20191,44146.033.23$4,652
Dec 2018046.594.19$0
Nov 2018052.934.24$0
Oct 20181,47061.443.40$4,995
Sep 20181,43159.543.11$4,448
Aug 20181,47959.403.07$4,535
Jul 20181,53765.142.93$4,506
Jun 20181,43960.183.08$4,428
May 20181,56865.382.90$4,548
Apr 20181,78263.842.90$5,169
Mar 201869661.222.79$1,940
Feb 20181,31661.782.77$3,640
Jan 20181,55762.874.01$6,243
Dec 20171,69757.272.92$4,958
Nov 20171,75955.423.12$5,485
Oct 20171,32549.292.98$3,953
Sep 201790847.523.09$2,803
Aug 20171,55045.373.00$4,657
Jul 201761143.873.09$1,886
Jun 20171,62842.493.09$5,026
May 20171,44945.373.26$4,729
Apr 20171,36947.933.21$4,397
Mar 20171,46046.772.98$4,356
Feb 20171,33150.452.95$3,930
Jan 20171,57049.413.42$5,368
Dec 20161,36148.763.72$5,067
Nov 20161,40342.492.64$3,710
Oct 20161,49946.193.09$4,632
Sep 20161,33041.553.10$4,124
Aug 201698241.442.92$2,872
Jul 20161,40841.622.92$4,117
Jun 20161,09945.352.69$2,952
May 20161,61842.521.99$3,222
Apr 20161,58336.561.99$3,152
Mar 20161,60233.011.79$2,874
Feb 20161,51426.472.06$3,124
Jan 20161,64927.352.36$3,899
Dec 20151,66232.362.00$3,326
Nov 20151,62038.792.17$3,511
Oct 20151,67343.552.43$4,060
Sep 20151,62442.992.76$4,480
Aug 20151,70440.162.87$4,895
Jul 20151,72348.152.95$5,074
Jun 20151,71156.152.88$4,933
May 20151,57655.212.96$4,658
Apr 20151,69649.822.71$4,590
Mar 20151,74142.892.93$5,109
Feb 20151,49044.662.98$4,435
Jan 20151,71943.433.10$5,330
Dec 20141,79354.693.59$6,439
Nov 20141,52370.464.25$6,476
Oct 20141,92878.303.90$7,521
Sep 20141,80486.164.05$7,298
Aug 20141,21689.394.04$4,907
Jul 20141,68096.564.18$7,022
Jun 20141,67098.164.74$7,911
May 20141,67294.734.73$7,903
Apr 20141,64895.944.81$7,925
Mar 20141,68895.895.06$8,536
Feb 20141,46597.406.19$9,071
Jan 20141,71690.404.86$8,341
Dec 20131,75091.824.35$7,620
Nov 20131,66488.853.74$6,221
Oct 20131,86797.423.78$7,056
Sep 20131,825104.113.72$6,785
Aug 20131,930104.253.52$6,799
Jul 20132,012102.523.72$7,480
Jun 20131,66394.403.93$6,541
May 20131,80194.834.15$7,472
Apr 20131,89593.964.28$8,116
Mar 20131,94993.623.91$7,626
Feb 20131,77891.233.42$6,081
Jan 20131,94691.603.42$6,655
Dec 20121,90686.773.42$6,519
Nov 20121,91786.953.62$6,949
Oct 20122,01089.383.40$6,833
Sep 20121,92294.672.92$5,609
Aug 20122,00692.662.91$5,834
Jul 20122,02685.133.02$6,120
Jun 20122,04179.822.52$5,141
May 20121,93191.612.49$4,805
Apr 20122,017101.652.00$4,028
Mar 20122,103105.052.22$4,673
Feb 20121,950101.102.57$5,012
Jan 20122,09098.092.73$5,714
Dec 20112,07996.873.24$6,735
Nov 20112,05395.723.31$6,798
Oct 20112,14084.983.65$7,808
Sep 20112,08283.623.99$8,298
Aug 20112,18783.404.15$9,075
Jul 20112,13994.144.52$9,662
Jun 20112,14492.904.64$9,948
May 20112,24698.134.40$9,893
Apr 20112,048105.964.33$8,875
Mar 20112,10696.364.06$8,545
Feb 20111,89385.644.18$7,913
Jan 20112,12986.504.59$9,770
Dec 20102,14085.734.35$9,304
Nov 20102,09880.843.80$7,963
Oct 20102,20378.103.51$7,730
Sep 20102,17172.633.98$8,639
Aug 20102,31673.684.42$10,235
Jul 20102,29072.554.74$10,847
Jun 20102,36270.364.91$11,598
May 20102,33071.124.24$9,868
Apr 20102,47781.694.12$10,212
Mar 20102,57778.394.39$11,310
Feb 20102,31373.585.44$12,588
Jan 20102,61374.365.96$15,584
Dec 20092,65671.445.48$14,565
Nov 20092,64574.593.75$9,923
Oct 20092,81972.544.11$11,587
Sep 20092,74165.543.06$8,400
Aug 20092,91467.423.22$9,379
Jul 20092,99161.133.46$10,362
Jun 20093,01666.163.90$11,747
May 20093,36554.743.93$13,210
Apr 20093,43746.773.59$12,330
Mar 20093,67442.144.06$14,913
Feb 20093,57832.814.63$16,577
Jan 20094,23135.865.37$22,725
Dec 20084,41037.105.98$26,359
Nov 20085,78055.496.86$39,653
Oct 20083,64375.246.92$25,217
Sep 20081,322101.767.88$10,414
Aug 20081,449114.228.48$12,292
Jul 20081,442131.0811.39$16,424
Jun 20081,399131.3313.03$18,233
May 20081,418123.1711.57$16,412
Apr 20081,372110.3110.45$14,344
Mar 20081,418101.909.66$13,704
Feb 20081,34892.538.77$11,823
Jan 20081,47890.388.21$12,128
Dec 20071,47588.337.30$10,770
Nov 20071,43291.677.29$10,442
Oct 20071,49282.856.92$10,328
Sep 20071,44875.846.24$9,042
Aug 20071,50169.066.39$9,588
Jul 20071,50370.906.39$9,601
Jun 20071,45462.007.55$10,975
May 20071,48958.747.85$11,683
Apr 20071,46559.617.81$11,435
Mar 20071,51056.927.30$11,026
Feb 20071,35155.108.22$11,100
Jan 20071,56250.306.73$10,507
Dec 20061,53456.656.92$10,613
Nov 20061,40854.207.62$10,725
Oct 20061,51954.906.01$9,135
Sep 20061,47760.085.04$7,440
Aug 20061,50268.717.34$11,025
Jul 20061,51669.376.34$9,616
Jun 20061,46866.286.38$9,372
May 20061,52366.016.42$9,785
Apr 20061,49964.397.36$11,033
Mar 20061,53856.707.08$10,894
Feb 20061,38357.597.75$10,720
Jan 20061,55160.598.93$13,856
Dec 20051,52554.9413.42$20,458
Nov 20051,51654.6910.59$16,052
Oct 20051,58858.3413.80$21,908
Sep 20051,54961.4512.08$18,710
Aug 20051,60361.519.80$15,704
Jul 20051,59255.697.84$12,487
Jun 20051,57152.337.38$11,596
May 20051,37345.226.65$9,132
Apr 20051,58649.207.36$11,674
Mar 20051,62850.377.15$11,648
Feb 20051,46145.226.31$9,222
Jan 20051,60743.166.32$10,160
Dec 20041,60839.866.75$10,856
Nov 20041,57245.286.33$9,951
Oct 20041,65249.706.52$10,763
Sep 20041,60643.245.28$8,486
Aug 20041,68342.375.55$9,342
Jul 20041,73138.286.08$10,532
Jun 20042,04936.106.43$13,181
May 200487937.486.49$5,709
Apr 20041,59734.475.86$9,356
Mar 20041,64334.365.53$9,086
Feb 20041,49832.455.51$8,253
Jan 20041,63232.036.30$10,281
Dec 20031,62430.266.30$10,234
Nov 20031,58128.804.60$7,265
Oct 20031,69328.174.76$8,058
Sep 20031,61526.314.75$7,670
Aug 20031,70729.765.13$8,756
Jul 20031,71829.415.17$8,884
Jun 20031,55328.565.98$9,292
May 20031,74326.595.97$10,410
Apr 20031,66426.675.41$8,998
Mar 20031,68631.146.10$10,278
Feb 20031,51033.487.93$11,968
Jan 20031,70830.315.58$9,534
Dec 20021,65526.914.85$8,033
Nov 20021,55924.664.14$6,450
Oct 20021,63226.464.23$6,902
Sep 20021,65327.443.64$6,009
Aug 20021,77425.963.16$5,613
Jul 20021,78524.583.06$5,465
Jun 20021,61423.733.34$5,388
May 20021,72824.663.58$6,193
Apr 20021,67223.653.51$5,873
Mar 20021,69322.003.10$5,253
Feb 20021,51918.222.38$3,609
Jan 20021,78317.172.38$4,236
Dec 20011,73516.932.36$4,102
Nov 20011,62818.072.41$3,916
Oct 20011,71919.782.53$4,347
Sep 20011,49924.262.25$3,375
Aug 20012,13724.873.05$6,525
Jul 20012,23723.933.20$7,152
Jun 20011,84524.563.82$7,056
May 20011,88925.524.31$8,137
Apr 20011,84724.685.34$9,854
Mar 20012,11924.545.38$11,393
Feb 20011,75627.755.77$10,127
Jan 20011,90627.478.40$16,008
Dec 20001,95826.889.12$17,862
Nov 20001,78532.215.66$10,100
Oct 20001,90031.235.15$9,776
Sep 20001,86131.875.19$9,652
Aug 20001,94129.644.54$8,814
Jul 20001,89528.534.09$7,750
Jun 20001,78929.304.40$7,867
May 20001,74327.263.68$6,414
Apr 20001,70124.513.12$5,300
Mar 20001,96228.422.86$5,611
Feb 20001,84227.622.73$5,022
Jan 20001,87025.272.48$4,639
Dec 19991,79024.282.42$4,338
Nov 19991,94423.192.43$4,732
Oct 19991,85220.982.80$5,192
Sep 19991,85821.752.62$4,866
Aug 19992,01119.262.88$5,783
Jul 19992,04417.892.37$4,849
Jun 19991,82215.942.36$4,304
May 19992,20615.792.32$5,120
Apr 19991,57715.102.21$3,482
Mar 19992,14512.471.84$3,943
Feb 19991,8559.981.82$3,372
Jan 19992,08210.381.90$3,956
Dec 19982,1349.201.77$3,784
Nov 19982,05310.892.19$4,487
Oct 19981,90512.421.97$3,751
Sep 19981,90812.592.08$3,974
Aug 19982,07711.301.91$3,962
Jul 19982,17211.742.24$4,859
Jun 19982,31111.242.24$5,170
May 19982,16112.622.21$4,768
Apr 19981,88713.042.51$4,728
Mar 19982,34312.802.31$5,411
Feb 19981,88913.952.30$4,343
Jan 19982,12914.702.15$4,588
Dec 19972,13416.322.41$5,145
Nov 19971,92718.193.09$5,951
Oct 19971,99819.253.15$6,293
Sep 19972,01417.742.95$5,951
Aug 19972,13617.862.55$5,457
Jul 19972,20517.582.25$4,955
Jun 19972,13217.242.26$4,812
May 19972,17218.972.31$5,014
Apr 19972,01817.882.08$4,203
Mar 19972,09418.951.94$4,061
Feb 19971,86720.492.21$4,118
Jan 19972,14923.483.54$7,607
Dec 19962,31423.32$0
Nov 19962,98021.97$0
Oct 199653023.31$0
Sep 19962,11522.22$0
Aug 19962,20720.26$0
Jul 19962,03019.55$0
Jun 19962,13418.73$0
May 19962,30319.43$0
Apr 19962,19821.51$0
Mar 19962,32819.38$0
Feb 19962,22816.98$0
Jan 19962,28017.07$0
Dec 19952,23017.19$0
Nov 19952,24716.00$0
Oct 19952,29915.43$0
Sep 19952,27216.18$0
Aug 19952,44715.92$0
Jul 19952,35315.24$0
Jun 19952,34216.41$0
May 19952,32717.56$0
Apr 19952,44517.73$0
Mar 19952,18516.44$0
Feb 19952,16216.58$0
Jan 19952,38215.92$0
Dec 19942,39715.03$0
Nov 19942,33715.90$0
Oct 19942,41115.58$0
Sep 19942,43715.29$0
Aug 19942,49316.13$0
Jul 19942,55317.56$0
Jun 19942,51517.09$0
May 19942,44215.88$0
Apr 19942,48014.14$0
Mar 19942,38112.46$0
Feb 19942,27112.50$0
Jan 19942,66012.66$0
Dec 19932,62712.33$0
Nov 19932,48214.49$0
Oct 19932,60415.85$0
Sep 19932,50415.03$0
Aug 19932,65215.66$0
Jul 19932,79715.46$0
Jun 19932,18316.79$0
May 19932,70217.68$0
Apr 19932,76618.05$0
Mar 19932,48418.14$0
Feb 19932,47517.90$0
Jan 19932,69816.93$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                1,137 Mcf  × $  2.87 =     $3,263

────────────────────────────────────────────────────
Month total                                   $3,263

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/49087 is the state's own key, not one this site invented.