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 49247District 10Field 68831200Hydrogen sulphide fieldGasSaveExport
Value, all time
$1.0 M
Jan 1993 – May 2026
Value, last 12 filed months
$21 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
GasProduction458,975 Mcf$1,012,186
Total$1,012,186

203,019 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 35.5381, -101.8865. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.53812, -101.88652 · 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
2,022 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 2,022 ft.

Completions filed
Aug 1970
1 of 1 wells

1 well

42-3753002837R2,022 ftAug 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 202652598.932.87$1,507
Mar 202655589.753.15$1,748
Feb 202634663.503.75$1,298
Jan 202659759.138.00$4,775
Dec 202556856.664.41$2,507
Nov 202548058.593.93$1,885
Oct 202550659.383.30$1,672
Sep 202548162.743.08$1,480
Aug 202547063.933.01$1,417
Jul 202535666.743.32$1,180
Jun 202561766.483.13$1,930
May 202560360.553.23$1,949
Apr 202563462.363.54$2,246
Mar 202554367.704.27$2,318
Feb 202562570.884.34$2,713
Jan 202536174.324.28$1,545
Dec 202472768.993.12$2,269
Nov 202469569.052.20$1,528
Oct 202451171.372.28$1,166
Sep 202448469.612.36$1,144
Aug 202432575.632.06$671
Jul 202464679.932.15$1,387
Jun 202460878.082.63$1,601
May 202455978.812.20$1,229
Apr 202469884.451.66$1,158
Mar 202496480.301.55$1,490
Feb 202457476.091.78$1,024
Jan 202464873.023.30$2,137
Dec 202384771.262.61$2,211
Nov 202369677.892.81$1,954
Oct 202362485.443.09$1,926
Sep 202359389.042.74$1,622
Aug 202357380.522.67$1,532
Jul 202323374.852.64$616
Jun 202348368.962.26$1,091
May 202351670.622.23$1,149
Apr 202354978.122.24$1,229
Mar 202344072.852.39$1,053
Feb 202351775.112.47$1,275
Jan 202358576.533.39$1,982
Dec 202259576.415.73$3,409
Nov 202256185.005.65$3,168
Oct 202264587.185.86$3,782
Sep 202271884.888.16$5,862
Aug 202273494.529.13$6,699
Jul 2022821101.587.54$6,192
Jun 2022494115.097.98$3,941
May 2022508109.378.43$4,284
Apr 2022425104.226.84$2,906
Mar 2022756108.885.08$3,838
Feb 202241691.054.86$2,021
Jan 202268981.844.54$3,126
Dec 202159871.323.90$2,332
Nov 202154077.435.24$2,828
Oct 202170879.795.71$4,045
Sep 202166869.865.35$3,574
Aug 202191966.024.22$3,879
Jul 202134870.783.98$1,386
Jun 202137169.493.38$1,254
May 202145063.483.02$1,358
Apr 202118860.362.76$519
Mar 202145461.302.72$1,233
Feb 202128557.805.55$1,581
Jan 202165750.412.81$1,846
Dec 202054544.642.68$1,458
Nov 202046538.772.71$1,259
Oct 202041836.972.48$1,036
Sep 202053937.091.99$1,073
Aug 202077039.982.39$1,837
Jul 202087538.371.83$1,597
Jun 202070034.901.69$1,183
May 202055116.921.81$1,000
Apr 202055614.751.80$1,003
Mar 202049330.341.86$915
Feb 202057649.881.98$1,141
Jan 202055957.252.09$1,171
Dec 201945859.012.30$1,055
Nov 201974355.302.75$2,044
Oct 201946053.472.42$1,113
Sep 201957455.052.66$1,525
Aug 201951553.112.30$1,187
Jul 201966556.272.46$1,636
Jun 201949552.782.49$1,233
May 201971258.482.74$1,951
Apr 201976962.632.75$2,115
Mar 201975456.803.06$2,309
Feb 201959950.852.79$1,673
Jan 201960546.033.23$1,953
Dec 2018046.594.19$0
Nov 2018052.934.24$0
Oct 201856661.443.40$1,923
Sep 201843459.543.11$1,349
Aug 201823859.403.07$730
Jul 201821065.142.93$616
Jun 201821460.183.08$658
May 201816565.382.90$479
Apr 201855863.842.90$1,619
Mar 20184761.222.79$131
Feb 201834661.782.77$957
Jan 20181362.874.01$52
Dec 201750257.272.92$1,467
Nov 201755855.423.12$1,740
Oct 201721249.292.98$633
Sep 201712947.523.09$398
Aug 201717045.373.00$511
Jul 201710443.873.09$321
Jun 201749542.493.09$1,528
May 201792645.373.26$3,022
Apr 201747447.933.21$1,522
Mar 201761046.772.98$1,820
Feb 201759150.452.95$1,745
Jan 201766849.413.42$2,284
Dec 201663748.763.72$2,371
Nov 201669642.492.64$1,840
Oct 201629846.193.09$921
Sep 201633041.553.10$1,023
Aug 201676941.442.92$2,249
Jul 201679441.622.92$2,322
Jun 201675145.352.69$2,017
May 201687242.521.99$1,736
Apr 201675236.561.99$1,497
Mar 201682033.011.79$1,471
Feb 201682326.472.06$1,698
Jan 201695227.352.36$2,251
Dec 201590332.362.00$1,807
Nov 201572538.792.17$1,571
Oct 201575843.552.43$1,839
Sep 201593642.992.76$2,582
Aug 201595140.162.87$2,732
Jul 201590448.152.95$2,662
Jun 201591756.152.88$2,644
May 201558055.212.96$1,714
Apr 201580149.822.71$2,168
Mar 201562142.892.93$1,822
Feb 201585044.662.98$2,530
Jan 201588643.433.10$2,747
Dec 201497754.693.59$3,509
Nov 201459970.464.25$2,547
Oct 201488978.303.90$3,468
Sep 201464186.164.05$2,593
Aug 201454189.394.04$2,183
Jul 201465296.564.18$2,725
Jun 201489098.164.74$4,216
May 20141,03194.734.73$4,873
Apr 201469495.944.81$3,338
Mar 201468495.895.06$3,459
Feb 201459597.406.19$3,684
Jan 201483690.404.86$4,064
Dec 201373291.824.35$3,187
Nov 201376888.853.74$2,871
Oct 201381397.423.78$3,073
Sep 2013825104.113.72$3,067
Aug 2013908104.253.52$3,199
Jul 2013894102.523.72$3,324
Jun 20131,03094.403.93$4,051
May 201359394.834.15$2,460
Apr 201391793.964.28$3,927
Mar 20131,02293.623.91$3,999
Feb 201396691.233.42$3,304
Jan 201396191.603.42$3,287
Dec 201298886.773.42$3,379
Nov 201299386.953.62$3,600
Oct 201298789.383.40$3,355
Sep 201288394.672.92$2,577
Aug 201284592.662.91$2,457
Jul 201293785.133.02$2,830
Jun 201289979.822.52$2,265
May 201288591.612.49$2,202
Apr 2012903101.652.00$1,803
Mar 2012943105.052.22$2,095
Feb 2012837101.102.57$2,151
Jan 201288898.092.73$2,428
Dec 201191996.873.24$2,977
Nov 201193495.723.31$3,093
Oct 201196484.983.65$3,517
Sep 201195183.623.99$3,791
Aug 201183683.404.15$3,469
Jul 201194594.144.52$4,269
Jun 20111,00292.904.64$4,649
May 20111,09098.134.40$4,801
Apr 20111,254105.964.33$5,434
Mar 20111,38296.364.06$5,607
Feb 20111,38185.644.18$5,773
Jan 201134486.504.59$1,579
Dec 20108285.734.35$357
Nov 201077180.843.80$2,926
Oct 20101,44878.103.51$5,081
Sep 20101,38572.633.98$5,512
Aug 20101,38973.684.42$6,138
Jul 20101,23372.554.74$5,840
Jun 201095670.364.91$4,694
May 201097071.124.24$4,108
Apr 20101,40681.694.12$5,797
Mar 20101,47078.394.39$6,451
Feb 20101,45073.585.44$7,891
Jan 20101,56574.365.96$9,334
Dec 20091,58771.445.48$8,703
Nov 20091,49174.593.75$5,593
Oct 20091,50672.544.11$6,190
Sep 20091,36665.543.06$4,186
Aug 20091,41067.423.22$4,538
Jul 20091,40761.133.46$4,875
Jun 20091,32466.163.90$5,157
May 20091,45054.743.93$5,692
Apr 20091,51546.773.59$5,435
Mar 20091,22342.144.06$4,964
Feb 20091,38832.814.63$6,431
Jan 20091,72435.865.37$9,260
Dec 200892837.105.98$5,547
Nov 200885055.496.86$5,831
Oct 20081,64075.246.92$11,352
Sep 20081,600101.767.88$12,603
Aug 20081,150114.228.48$9,755
Jul 20081,097131.0811.39$12,494
Jun 2008784131.3313.03$10,218
May 2008504123.1711.57$5,833
Apr 2008880110.3110.45$9,200
Mar 2008981101.909.66$9,480
Feb 200895792.538.77$8,393
Jan 20081,81790.388.21$14,910
Dec 20072,12788.337.30$15,531
Nov 20072,11491.677.29$15,415
Oct 20071,91082.856.92$13,221
Sep 20071,67475.846.24$10,453
Aug 20071,53369.066.39$9,793
Jul 20071,54570.906.39$9,869
Jun 20071,85462.007.55$13,995
May 20071,50458.747.85$11,801
Apr 20071,36059.617.81$10,615
Mar 20071,37656.927.30$10,048
Feb 20071,35155.108.22$11,100
Jan 20071,60950.306.73$10,824
Dec 20061,68156.656.92$11,630
Nov 20061,88054.207.62$14,321
Oct 20063,52754.906.01$21,211
Sep 20061,73860.085.04$8,755
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 19982,37612.592.08$4,948
Aug 19982,94411.301.91$5,615
Jul 19982,39811.742.24$5,365
Jun 19982,60011.242.24$5,817
May 19982,79912.622.21$6,176
Apr 19982,68113.042.51$6,717
Mar 19982,85712.802.31$6,598
Feb 19982,87813.952.30$6,617
Jan 19983,20914.702.15$6,915
Dec 19973,60916.322.41$8,702
Nov 19972,47018.193.09$7,628
Oct 19972,73319.253.15$8,608
Sep 19973,14017.742.95$9,278
Aug 19973,39717.862.55$8,678
Jul 19973,34317.582.25$7,512
Jun 19973,38317.242.26$7,636
May 19973,39018.972.31$7,826
Apr 19973,16917.882.08$6,600
Mar 19973,23218.951.94$6,267
Feb 19973,16920.492.21$6,991
Jan 19973,38223.483.54$11,971
Dec 19963,09523.32$0
Nov 19962,88921.97$0
Oct 19963,19823.31$0
Sep 19962,36622.22$0
Aug 19963,09020.26$0
Jul 19964,14619.55$0
Jun 19963,26218.73$0
May 19964,07519.43$0
Apr 19963,83221.51$0
Mar 19963,74219.38$0
Feb 19963,76016.98$0
Jan 19964,14717.07$0
Dec 19954,15917.19$0
Nov 19953,66816.00$0
Oct 19954,21415.43$0
Sep 19953,49916.18$0
Aug 19954,30815.92$0
Jul 19954,57615.24$0
Jun 19953,96316.41$0
May 19953,88017.56$0
Apr 19953,91617.73$0
Mar 19954,45216.44$0
Feb 19953,18316.58$0
Jan 19953,70315.92$0
Dec 19944,16115.03$0
Nov 19944,20715.90$0
Oct 19945,28715.58$0
Sep 19944,65715.29$0
Aug 19944,79916.13$0
Jul 19945,11917.56$0
Jun 19943,95817.09$0
May 19944,00715.88$0
Apr 19943,34714.14$0
Mar 19944,81712.46$0
Feb 19944,47712.50$0
Jan 19945,09112.66$0
Dec 19934,91412.33$0
Nov 19934,81914.49$0
Oct 19933,78515.85$0
Sep 19934,68015.03$0
Aug 19935,31815.66$0
Jul 19935,28715.46$0
Jun 19935,29916.79$0
May 19934,85917.68$0
Apr 19935,27718.05$0
Mar 19935,35918.14$0
Feb 19934,82917.90$0
Jan 19935,54316.93$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                  525 Mcf  × $  2.87 =     $1,507

────────────────────────────────────────────────────
Month total                                   $1,507

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/49247 is the state's own key, not one this site invented.