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 50732District 10Field 68831200Hydrogen sulphide fieldGasSaveExport
Value, all time
$1.0 M
Jan 1993 – May 2026
Value, last 12 filed months
$7 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
GasProduction448,604 Mcf$1,011,145
Total$1,011,145

198,643 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 35.5783, -101.9147. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.57831, -101.91473 · 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
2,075 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 2,075 ft.

Completions filed
May 1971
1 of 1 wells

1 well

42-3753003542R2,075 ftMay 1971

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 202616298.932.87$465
Mar 202617789.753.15$557
Feb 202612063.503.75$450
Jan 202617559.138.00$1,400
Dec 202515056.664.41$662
Nov 202517958.593.93$703
Oct 202518859.383.30$621
Sep 202518662.743.08$572
Aug 202520663.933.01$621
Jul 202518166.743.32$600
Jun 202513666.483.13$426
May 202522760.553.23$734
Apr 202521962.363.54$776
Mar 202516767.704.27$713
Feb 20258170.884.34$352
Jan 202518374.324.28$783
Dec 202423468.993.12$730
Nov 202425769.052.20$565
Oct 202446271.372.28$1,054
Sep 20241,18369.612.36$2,797
Aug 20241,15075.632.06$2,373
Jul 20241,27279.932.15$2,730
Jun 20241,23378.082.63$3,248
May 20241,05578.812.20$2,319
Apr 202492284.451.66$1,530
Mar 202457080.301.55$881
Feb 202436876.091.78$656
Jan 202439773.023.30$1,309
Dec 202350571.262.61$1,318
Nov 202347577.892.81$1,334
Oct 202345685.443.09$1,408
Sep 202344489.042.74$1,214
Aug 202343880.522.67$1,171
Jul 202338574.852.64$1,017
Jun 202343468.962.26$980
May 202343770.622.23$973
Apr 202344978.122.24$1,005
Mar 202339872.852.39$952
Feb 202334275.112.47$843
Jan 202339776.533.39$1,345
Dec 202244976.415.73$2,572
Nov 202245385.005.65$2,558
Oct 202249087.185.86$2,873
Sep 202251084.888.16$4,163
Aug 202253694.529.13$4,892
Jul 2022594101.587.54$4,480
Jun 2022460115.097.98$3,670
May 2022501109.378.43$4,225
Apr 2022332104.226.84$2,270
Mar 2022423108.885.08$2,147
Feb 202230591.054.86$1,482
Jan 202248981.844.54$2,219
Dec 202154071.323.90$2,106
Nov 202149977.435.24$2,613
Oct 202154479.795.71$3,108
Sep 202158069.865.35$3,104
Aug 202165466.024.22$2,760
Jul 202143170.783.98$1,716
Jun 202140569.493.38$1,369
May 202151963.483.02$1,566
Apr 202128960.362.76$797
Mar 202156161.302.72$1,524
Feb 202124957.805.55$1,381
Jan 202153350.412.81$1,498
Dec 202054144.642.68$1,447
Nov 202037338.772.71$1,010
Oct 202048836.972.48$1,209
Sep 202058537.091.99$1,165
Aug 202031839.982.39$758
Jul 202060638.371.83$1,106
Jun 202055434.901.69$936
May 202054016.921.81$980
Apr 202052714.751.80$951
Mar 202041130.341.86$763
Feb 202050549.881.98$1,000
Jan 202047757.252.09$999
Dec 201956959.012.30$1,311
Nov 201926355.302.75$723
Oct 201952553.472.42$1,270
Sep 201937455.052.66$994
Aug 201946553.112.30$1,072
Jul 201950756.272.46$1,247
Jun 201933852.782.49$842
May 201946658.482.74$1,277
Apr 201944362.632.75$1,219
Mar 201920256.803.06$619
Feb 201934150.852.79$952
Jan 201947346.033.23$1,527
Dec 2018046.594.19$0
Nov 2018052.934.24$0
Oct 201858761.443.40$1,995
Sep 201857059.543.11$1,772
Aug 201853059.403.07$1,625
Jul 201852065.142.93$1,525
Jun 201851160.183.08$1,572
May 201859865.382.90$1,735
Apr 201861563.842.90$1,784
Mar 20184761.222.79$131
Feb 201838261.782.77$1,057
Jan 201851662.874.01$2,069
Dec 201769757.272.92$2,036
Nov 201771855.423.12$2,239
Oct 201744849.292.98$1,337
Sep 201722847.523.09$704
Aug 201747745.373.00$1,433
Jul 201725043.873.09$772
Jun 201755142.493.09$1,701
May 201764245.373.26$2,095
Apr 201753347.933.21$1,712
Mar 201758646.772.98$1,748
Feb 201755050.452.95$1,624
Jan 201759249.413.42$2,024
Dec 201656648.763.72$2,107
Nov 201669642.492.64$1,840
Oct 201649846.193.09$1,539
Sep 201641941.553.10$1,299
Aug 201657741.442.92$1,687
Jul 201667441.622.92$1,971
Jun 201660245.352.69$1,617
May 201671542.521.99$1,424
Apr 201665136.561.99$1,296
Mar 201672733.011.79$1,304
Feb 201668326.472.06$1,409
Jan 201678227.352.36$1,849
Dec 201573632.362.00$1,473
Nov 201553238.792.17$1,153
Oct 201563343.552.43$1,536
Sep 201557742.992.76$1,592
Aug 201556340.162.87$1,617
Jul 201560648.152.95$1,785
Jun 201555456.152.88$1,597
May 201545555.212.96$1,345
Apr 201568649.822.71$1,857
Mar 201561842.892.93$1,814
Feb 201563844.662.98$1,899
Jan 201571143.433.10$2,205
Dec 201472854.693.59$2,615
Nov 201462770.464.25$2,666
Oct 201479478.303.90$3,097
Sep 201462986.164.05$2,545
Aug 201455489.394.04$2,235
Jul 201467296.564.18$2,809
Jun 201470698.164.74$3,344
May 201476294.734.73$3,602
Apr 201468895.944.81$3,309
Mar 201472995.895.06$3,686
Feb 201465297.406.19$4,037
Jan 201472290.404.86$3,509
Dec 201370291.824.35$3,057
Nov 201374788.853.74$2,793
Oct 201378297.423.78$2,955
Sep 2013790104.113.72$2,937
Aug 2013832104.253.52$2,931
Jul 2013821102.523.72$3,052
Jun 201386794.403.93$3,410
May 201371394.834.15$2,958
Apr 201383693.964.28$3,580
Mar 201377793.623.91$3,040
Feb 201373991.233.42$2,527
Jan 201389791.603.42$3,068
Dec 201274186.773.42$2,534
Nov 201277686.953.62$2,813
Oct 201285189.383.40$2,893
Sep 201282094.672.92$2,393
Aug 201284492.662.91$2,454
Jul 201289085.133.02$2,689
Jun 201281879.822.52$2,061
May 201285991.612.49$2,137
Apr 2012853101.652.00$1,703
Mar 2012891105.052.22$1,980
Feb 2012783101.102.57$2,013
Jan 201284398.092.73$2,305
Dec 201185796.873.24$2,776
Nov 201189395.723.31$2,957
Oct 201193384.983.65$3,404
Sep 201191483.623.99$3,643
Aug 201194983.404.15$3,938
Jul 201196194.144.52$4,341
Jun 201198092.904.64$4,547
May 20111,05398.134.40$4,638
Apr 20111,035105.964.33$4,485
Mar 20111,02296.364.06$4,147
Feb 201180785.644.18$3,373
Jan 20111,01186.504.59$4,639
Dec 201094285.734.35$4,096
Nov 201099680.843.80$3,780
Oct 201096578.103.51$3,386
Sep 201086072.633.98$3,422
Aug 20101,15973.684.42$5,122
Jul 20101,28872.554.74$6,101
Jun 20101,42070.364.91$6,973
May 20101,01671.124.24$4,303
Apr 20101,11281.694.12$4,584
Mar 20101,18478.394.39$5,196
Feb 201091773.585.44$4,991
Jan 20101,17474.365.96$7,002
Dec 20091,22871.445.48$6,734
Nov 20091,19474.593.75$4,479
Oct 20091,27572.544.11$5,241
Sep 20091,21965.543.06$3,736
Aug 20091,26567.423.22$4,071
Jul 20091,25261.133.46$4,338
Jun 20091,28766.163.90$5,013
May 20091,29254.743.93$5,072
Apr 20091,23946.773.59$4,445
Mar 20091,37042.144.06$5,561
Feb 20091,28932.814.63$5,972
Jan 20091,37935.865.37$7,407
Dec 20081,36937.105.98$8,183
Nov 20081,35055.496.86$9,261
Oct 20081,35275.246.92$9,359
Sep 20081,385101.767.88$10,910
Aug 20081,475114.228.48$12,512
Jul 20081,493131.0811.39$17,004
Jun 20081,450131.3313.03$18,897
May 20081,433123.1711.57$16,586
Apr 20081,540110.3110.45$16,100
Mar 20081,576101.909.66$15,231
Feb 20081,40792.538.77$12,340
Jan 20081,44190.388.21$11,824
Dec 20071,58388.337.30$11,559
Nov 20071,80691.677.29$13,169
Oct 20071,76782.856.92$12,231
Sep 20071,73775.846.24$10,846
Aug 20071,78269.066.39$11,383
Jul 20071,83370.906.39$11,709
Jun 20071,81562.007.55$13,700
May 20071,90358.747.85$14,931
Apr 20071,69659.617.81$13,238
Mar 20071,90856.927.30$13,932
Feb 20071,89255.108.22$15,545
Jan 20072,59850.306.73$17,476
Dec 200654856.656.92$3,791
Nov 20062,14954.207.62$16,370
Oct 20063,40354.906.01$20,465
Sep 20062,67860.085.04$13,490
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 199853710.892.19$1,174
Oct 19983,05112.421.97$6,008
Sep 19982,84212.592.08$5,919
Aug 19983,18711.301.91$6,079
Jul 19983,03211.742.24$6,783
Jun 19982,82411.242.24$6,318
May 19982,73112.622.21$6,026
Apr 19982,76413.042.51$6,925
Mar 19982,92412.802.31$6,753
Feb 19982,80213.952.30$6,442
Jan 19983,10214.702.15$6,684
Dec 19973,47816.322.41$8,386
Nov 19972,95718.193.09$9,132
Oct 19973,09819.253.15$9,758
Sep 19973,19217.742.95$9,432
Aug 19973,45717.862.55$8,832
Jul 19973,50817.582.25$7,882
Jun 19973,26617.242.26$7,372
May 19973,34118.972.31$7,713
Apr 19973,23417.882.08$6,736
Mar 19973,22318.951.94$6,250
Feb 19972,97420.492.21$6,560
Jan 19973,31223.483.54$11,723
Dec 19963,44423.32$0
Nov 19963,50921.97$0
Oct 19963,58923.31$0
Sep 19963,30222.22$0
Aug 19963,51820.26$0
Jul 19964,04019.55$0
Jun 19963,28518.73$0
May 19963,84519.43$0
Apr 19963,66321.51$0
Mar 19963,53919.38$0
Feb 19963,56116.98$0
Jan 19963,72317.07$0
Dec 19953,91217.19$0
Nov 19953,77016.00$0
Oct 19954,00915.43$0
Sep 19953,82616.18$0
Aug 19954,18915.92$0
Jul 19954,24915.24$0
Jun 19954,01916.41$0
May 19954,15017.56$0
Apr 19953,74117.73$0
Mar 19954,20316.44$0
Feb 19953,51716.58$0
Jan 19954,02215.92$0
Dec 19944,14615.03$0
Nov 19944,15615.90$0
Oct 19944,44615.58$0
Sep 19944,30915.29$0
Aug 19944,45716.13$0
Jul 19944,53117.56$0
Jun 19944,31117.09$0
May 19944,34815.88$0
Apr 19943,58014.14$0
Mar 19944,43012.46$0
Feb 19943,92012.50$0
Jan 19944,38712.66$0
Dec 19934,66412.33$0
Nov 19934,55314.49$0
Oct 19934,77615.85$0
Sep 19934,75815.03$0
Aug 19935,19015.66$0
Jul 19934,55015.46$0
Jun 19935,03616.79$0
May 19935,60117.68$0
Apr 19935,30218.05$0
Mar 19935,53918.14$0
Feb 19935,67817.90$0
Jan 19931,35016.93$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                  162 Mcf  × $  2.87 =       $465

────────────────────────────────────────────────────
Month total                                     $465

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/50732 is the state's own key, not one this site invented.