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 50735District 10Field 68831200Hydrogen sulphide fieldGasSaveExport
Value, all time
$2.0 M
Jan 1993 – May 2026
Value, last 12 filed months
$24 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
GasProduction616,529 Mcf$2,006,321
Total$2,006,321

157,497 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 35.5979, -101.8285. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.59790, -101.82850 · 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
1,906 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 1,906 ft.

Completions filed
May 1971
1 of 1 wells

1 well

42-3753004346 R1,906 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 202658698.932.87$1,682
Mar 202659789.753.15$1,880
Feb 202651063.503.75$1,913
Jan 202658459.138.00$4,671
Dec 202559356.664.41$2,617
Nov 202557858.593.93$2,269
Oct 202560859.383.30$2,009
Sep 202560462.743.08$1,858
Aug 202555063.933.01$1,658
Jul 202562166.743.32$2,059
Jun 202559966.483.13$1,874
May 202561760.553.23$1,994
Apr 202559762.363.54$2,115
Mar 202555067.704.27$2,348
Feb 202553670.884.34$2,327
Jan 202560174.324.28$2,571
Dec 202460668.993.12$1,892
Nov 202459169.052.20$1,299
Oct 202461771.372.28$1,408
Sep 202459969.612.36$1,416
Aug 202462675.632.06$1,292
Jul 202461379.932.15$1,316
Jun 202461578.082.63$1,620
May 202464078.812.20$1,407
Apr 202461684.451.66$1,022
Mar 202463880.301.55$986
Feb 202459876.091.78$1,067
Jan 202463273.023.30$2,084
Dec 202363871.262.61$1,666
Nov 202362577.892.81$1,755
Oct 202365385.443.09$2,016
Sep 202364089.042.74$1,750
Aug 202366880.522.67$1,785
Jul 202371574.852.64$1,889
Jun 202364468.962.26$1,454
May 202366370.622.23$1,477
Apr 202364278.122.24$1,437
Mar 202361472.852.39$1,469
Feb 202353775.112.47$1,324
Jan 202360276.533.39$2,039
Dec 202261276.415.73$3,506
Nov 202260985.005.65$3,439
Oct 202265387.185.86$3,829
Sep 202266284.888.16$5,404
Aug 202274594.529.13$6,800
Jul 2022688101.587.54$5,189
Jun 2022335115.097.98$2,672
May 2022248109.378.43$2,091
Apr 2022603104.226.84$4,123
Mar 2022622108.885.08$3,158
Feb 202258491.054.86$2,838
Jan 202264181.844.54$2,909
Dec 202166671.323.90$2,597
Nov 202165877.435.24$3,446
Oct 202166279.795.71$3,783
Sep 202167169.865.35$3,590
Aug 202170166.024.22$2,959
Jul 202171070.783.98$2,827
Jun 202169269.493.38$2,339
May 202172463.483.02$2,185
Apr 202152060.362.76$1,434
Mar 202183461.302.72$2,266
Feb 202129457.805.55$1,631
Jan 202176850.412.81$2,158
Dec 202088344.642.68$2,362
Nov 202086538.772.71$2,341
Oct 202061336.972.48$1,519
Sep 202087237.091.99$1,736
Aug 202069439.982.39$1,655
Jul 202065438.371.83$1,194
Jun 202068134.901.69$1,151
May 202071716.921.81$1,301
Apr 202069214.751.80$1,249
Mar 202070730.341.86$1,312
Feb 202065849.881.98$1,303
Jan 202070657.252.09$1,479
Dec 201971559.012.30$1,648
Nov 201969155.302.75$1,901
Oct 201969953.472.42$1,691
Sep 201968555.052.66$1,820
Aug 201970653.112.30$1,627
Jul 201973056.272.46$1,796
Jun 201971852.782.49$1,789
May 201981358.482.74$2,228
Apr 201949362.632.75$1,356
Mar 201972756.803.06$2,226
Feb 201966250.852.79$1,848
Jan 201967246.033.23$2,169
Dec 2018046.594.19$0
Nov 2018052.934.24$0
Oct 201875061.443.40$2,549
Sep 201873359.543.11$2,278
Aug 201876959.403.07$2,358
Jul 201878365.142.93$2,296
Jun 201875560.183.08$2,323
May 201881265.382.90$2,355
Apr 201891263.842.90$2,646
Mar 201842861.222.79$1,193
Feb 201872761.782.77$2,011
Jan 201882762.874.01$3,316
Dec 201786057.272.92$2,513
Nov 201795255.423.12$2,969
Oct 201766549.292.98$1,984
Sep 201749747.523.09$1,534
Aug 201773845.373.00$2,217
Jul 201724143.873.09$744
Jun 201773342.493.09$2,263
May 201779345.373.26$2,588
Apr 201775547.933.21$2,425
Mar 201780546.772.98$2,402
Feb 201771250.452.95$2,102
Jan 201778649.413.42$2,687
Dec 201681948.763.72$3,049
Nov 201680042.492.64$2,115
Oct 201690346.193.09$2,791
Sep 201675941.553.10$2,353
Aug 201662441.442.92$1,825
Jul 201683041.622.92$2,427
Jun 201680345.352.69$2,157
May 201684942.521.99$1,690
Apr 201682636.561.99$1,645
Mar 201687333.011.79$1,566
Feb 201680726.472.06$1,665
Jan 201687827.352.36$2,076
Dec 201587332.362.00$1,747
Nov 201586238.792.17$1,868
Oct 201591343.552.43$2,215
Sep 201589642.992.76$2,472
Aug 201595240.162.87$2,735
Jul 20151,00348.152.95$2,954
Jun 20151,03656.152.88$2,987
May 201598655.212.96$2,914
Apr 20151,19449.822.71$3,232
Mar 20151,30142.892.93$3,818
Feb 2015044.662.98$0
Jan 2015043.433.10$0
Dec 20149954.693.59$356
Nov 201488170.464.25$3,746
Oct 20141,10878.303.90$4,322
Sep 201433886.164.05$1,367
Aug 201458689.394.04$2,365
Jul 20141,03796.564.18$4,334
Jun 201481898.164.74$3,875
May 201496994.734.73$4,580
Apr 201496495.944.81$4,636
Mar 20141,02495.895.06$5,178
Feb 201488397.406.19$5,468
Jan 20141,00690.404.86$4,890
Dec 20131,01491.824.35$4,415
Nov 20131,00388.853.74$3,749
Oct 20131,07297.423.78$4,051
Sep 20131,148104.113.72$4,268
Aug 2013715104.253.52$2,519
Jul 20131,041102.523.72$3,870
Jun 20131,04494.403.93$4,106
May 201397594.834.15$4,045
Apr 20131,02493.964.28$4,385
Mar 20131,08093.623.91$4,226
Feb 201398591.233.42$3,369
Jan 20131,08891.603.42$3,721
Dec 20121,09386.773.42$3,738
Nov 20121,07386.953.62$3,890
Oct 20121,10989.383.40$3,770
Sep 20121,10194.672.92$3,213
Aug 20121,14892.662.91$3,339
Jul 20121,15485.133.02$3,486
Jun 20121,14379.822.52$2,879
May 201297691.612.49$2,429
Apr 20121,086101.652.00$2,169
Mar 20121,171105.052.22$2,602
Feb 20121,087101.102.57$2,794
Jan 20121,18598.092.73$3,240
Dec 20111,16696.873.24$3,778
Nov 20111,16495.723.31$3,854
Oct 20111,21784.983.65$4,440
Sep 20111,18583.623.99$4,723
Aug 20111,28083.404.15$5,311
Jul 20111,12494.144.52$5,077
Jun 20111,19292.904.64$5,531
May 20111,26298.134.40$5,559
Apr 20111,218105.964.33$5,278
Mar 20111,36096.364.06$5,518
Feb 20111,14485.644.18$4,782
Jan 20111,25286.504.59$5,745
Dec 20101,24685.734.35$5,417
Nov 20101,22380.843.80$4,642
Oct 20101,37878.103.51$4,835
Sep 20101,36172.633.98$5,416
Aug 20101,42673.684.42$6,302
Jul 20101,49972.554.74$7,100
Jun 20101,33570.364.91$6,555
May 20101,23171.124.24$5,214
Apr 20101,38481.694.12$5,706
Mar 20101,41978.394.39$6,228
Feb 20101,26973.585.44$6,906
Jan 20101,43674.365.96$8,564
Dec 20091,44671.445.48$7,930
Nov 20091,43374.593.75$5,376
Oct 20091,53972.544.11$6,326
Sep 20091,46565.543.06$4,490
Aug 20091,59567.423.22$5,134
Jul 20091,72361.133.46$5,969
Jun 20091,07366.163.90$4,179
May 20091,70954.743.93$6,709
Apr 20091,72346.773.59$6,181
Mar 20091,81442.144.06$7,363
Feb 20091,64432.814.63$7,617
Jan 20091,95635.865.37$10,506
Dec 20081,39337.105.98$8,326
Nov 200890155.496.86$6,181
Oct 20081,44775.246.92$10,016
Sep 20081,441101.767.88$11,351
Aug 20081,563114.228.48$13,259
Jul 20081,408131.0811.39$16,036
Jun 20081,477131.3313.03$19,249
May 20081,437123.1711.57$16,632
Apr 20081,423110.3110.45$14,877
Mar 20081,486101.909.66$14,361
Feb 20081,44492.538.77$12,665
Jan 20081,55290.388.21$12,735
Dec 20071,54188.337.30$11,252
Nov 20071,46491.677.29$10,675
Oct 20071,53982.856.92$10,653
Sep 20071,49875.846.24$9,354
Aug 20071,55369.066.39$9,920
Jul 20071,57270.906.39$10,042
Jun 20071,53662.007.55$11,594
May 20071,56758.747.85$12,295
Apr 20071,54759.617.81$12,075
Mar 20071,53956.927.30$11,238
Feb 20071,41955.108.22$11,659
Jan 20071,63550.306.73$10,998
Dec 20061,55556.656.92$10,758
Nov 20061,56154.207.62$11,891
Oct 20061,57654.906.01$9,478
Sep 20061,53360.085.04$7,722
Aug 20061,61668.717.34$11,861
Jul 20061,64069.376.34$10,402
Jun 20061,63166.286.38$10,412
May 20061,66866.016.42$10,717
Apr 20061,63964.397.36$12,064
Mar 20061,70156.707.08$12,048
Feb 20061,53057.597.75$11,859
Jan 20061,73260.598.93$15,473
Dec 20051,64854.9413.42$22,109
Nov 20051,69854.6910.59$17,979
Oct 20051,77658.3413.80$24,501
Sep 20051,72261.4512.08$20,800
Aug 20051,77561.519.80$17,389
Jul 20051,82055.697.84$14,275
Jun 20051,98452.337.38$14,644
May 20051,25945.226.65$8,374
Apr 20051,76549.207.36$12,991
Mar 20051,82650.377.15$13,065
Feb 20051,62745.226.31$10,269
Jan 20051,80543.166.32$11,412
Dec 20041,81539.866.75$12,253
Nov 20041,73545.286.33$10,983
Oct 20041,83149.706.52$11,929
Sep 20041,77643.245.28$9,384
Aug 20041,86242.375.55$10,335
Jul 20041,89038.286.08$11,499
Jun 20041,84236.106.43$11,850
May 20041,75337.486.49$11,385
Apr 20041,83034.475.86$10,721
Mar 20041,89634.365.53$10,485
Feb 20041,76532.455.51$9,724
Jan 20041,87232.036.30$11,793
Dec 20031,81830.266.30$11,456
Nov 20031,77728.804.60$8,166
Oct 20031,89328.174.76$9,010
Sep 20031,86326.314.75$8,848
Aug 20031,96729.765.13$10,090
Jul 20031,96929.415.17$10,181
Jun 20031,81828.565.98$10,877
May 20032,03626.595.97$12,160
Apr 20031,91626.675.41$10,360
Mar 20031,94731.146.10$11,869
Feb 20031,80933.487.93$14,338
Jan 20032,00130.315.58$11,170
Dec 20021,83626.914.85$8,912
Nov 20021,89524.664.14$7,840
Oct 20021,97126.464.23$8,336
Sep 20021,88327.443.64$6,845
Aug 20022,01025.963.16$6,360
Jul 20022,07024.583.06$6,338
Jun 20021,85323.733.34$6,186
May 20021,97724.663.58$7,086
Apr 20022,08523.653.51$7,323
Mar 20022,05222.003.10$6,367
Feb 20021,92318.222.38$4,568
Jan 20022,12417.172.38$5,046
Dec 20012,31616.932.36$5,476
Nov 20011,48018.072.41$3,560
Oct 20011,98319.782.53$5,015
Sep 20011,95524.262.25$4,401
Aug 20012,21124.873.05$6,751
Jul 20012,17723.933.20$6,960
Jun 20012,14724.563.82$8,210
May 20012,06825.524.31$8,908
Apr 20012,21224.685.34$11,802
Mar 20012,23724.545.38$12,027
Feb 20011,74227.755.77$10,046
Jan 20012,12927.478.40$17,881
Dec 20002,22926.889.12$20,334
Nov 20002,14032.215.66$12,108
Oct 20002,41331.235.15$12,416
Sep 20001,96031.875.19$10,166
Aug 20002,38329.644.54$10,821
Jul 20002,43228.534.09$9,946
Jun 20001,74629.304.40$7,678
May 20002,15427.263.68$7,926
Apr 20001,80924.513.12$5,637
Mar 20002,10328.422.86$6,014
Feb 20002,40527.622.73$6,557
Jan 20002,32325.272.48$5,762
Dec 19991,96224.282.42$4,755
Nov 19992,17523.192.43$5,294
Oct 19992,09620.982.80$5,877
Sep 19992,20421.752.62$5,772
Aug 19992,38119.262.88$6,847
Jul 19992,34317.892.37$5,558
Jun 19992,54515.942.36$6,012
May 19992,24415.792.32$5,208
Apr 19992,13815.102.21$4,721
Mar 19992,37312.471.84$4,362
Feb 19992,1489.981.82$3,905
Jan 19992,37010.381.90$4,503
Dec 19982,4019.201.77$4,258
Nov 19982,28110.892.19$4,986
Oct 19982,35112.421.97$4,630
Sep 19982,22212.592.08$4,628
Aug 19982,66211.301.91$5,077
Jul 19982,50311.742.24$5,600
Jun 19982,29211.242.24$5,128
May 19982,37612.622.21$5,242
Apr 19982,39513.042.51$6,000
Mar 19982,75812.802.31$6,369
Feb 19982,32913.952.30$5,355
Jan 19981,99614.702.15$4,301
Dec 19972,69816.322.41$6,505
Nov 19972,48518.193.09$7,674
Oct 19972,68919.253.15$8,470
Sep 19972,65517.742.95$7,845
Aug 19972,92317.862.55$7,468
Jul 19972,77617.582.25$6,238
Jun 19972,82817.242.26$6,383
May 19972,38018.972.31$5,494
Apr 19972,46117.882.08$5,126
Mar 19972,66018.951.94$5,158
Feb 19972,36820.492.21$5,224
Jan 19972,72423.483.54$9,642
Dec 19962,69123.32$0
Nov 19962,59321.97$0
Oct 19962,98523.31$0
Sep 19962,76822.22$0
Aug 19962,97720.26$0
Jul 19962,85719.55$0
Jun 19962,83918.73$0
May 19962,97419.43$0
Apr 19962,81121.51$0
Mar 19962,91719.38$0
Feb 19962,84416.98$0
Jan 19962,85917.07$0
Dec 19952,89917.19$0
Nov 19953,03616.00$0
Oct 19953,20015.43$0
Sep 19953,11216.18$0
Aug 19953,32315.92$0
Jul 19953,10915.24$0
Jun 19953,18016.41$0
May 19953,21017.56$0
Apr 19953,16617.73$0
Mar 19953,27116.44$0
Feb 19953,05816.58$0
Jan 19953,03515.92$0
Dec 19943,11515.03$0
Nov 19943,17915.90$0
Oct 19943,29415.58$0
Sep 19943,40015.29$0
Aug 19943,57416.13$0
Jul 19943,59517.56$0
Jun 19943,56117.09$0
May 19943,23215.88$0
Apr 19943,55714.14$0
Mar 19943,44412.46$0
Feb 19943,19012.50$0
Jan 19943,75212.66$0
Dec 19933,51312.33$0
Nov 19933,55114.49$0
Oct 19933,36215.85$0
Sep 19933,18415.03$0
Aug 19933,99215.66$0
Jul 19934,01815.46$0
Jun 19933,10516.79$0
May 19933,97617.68$0
Apr 19933,97618.05$0
Mar 19934,28018.14$0
Feb 19933,65117.90$0
Jan 19934,28216.93$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                  586 Mcf  × $  2.87 =     $1,682

────────────────────────────────────────────────────
Month total                                   $1,682

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/50735 is the state's own key, not one this site invented.