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 50739District 10Field 68831200Hydrogen sulphide fieldGasSaveExport
Value, all time
$1.5 M
Jan 1993 – May 2026
Value, last 12 filed months
$34 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
GasProduction491,543 Mcf$1,502,150
Total$1,502,150

143,167 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 35.6234, -101.8159. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.62342, -101.81589 · 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
1,898 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 1,898 ft.

Completions filed
Jun 1971
1 of 1 wells

1 well

42-3413005550R1,898 ftJun 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 202679898.932.87$2,290
Mar 202682389.753.15$2,592
Feb 202672463.503.75$2,715
Jan 202683859.138.00$6,702
Dec 202579956.664.41$3,526
Nov 202579658.593.93$3,125
Oct 202582059.383.30$2,710
Sep 202580862.743.08$2,486
Aug 202580263.933.01$2,418
Jul 202585466.743.32$2,831
Jun 202580866.483.13$2,528
May 202584660.553.23$2,735
Apr 202581062.363.54$2,870
Mar 202575667.704.27$3,227
Feb 202575370.884.34$3,269
Jan 202578574.324.28$3,359
Dec 202485268.993.12$2,659
Nov 202482269.052.20$1,807
Oct 202484771.372.28$1,932
Sep 202482669.612.36$1,953
Aug 202485975.632.06$1,773
Jul 202486379.932.15$1,853
Jun 202484278.082.63$2,218
May 202485878.812.20$1,886
Apr 202481684.451.66$1,354
Mar 202485680.301.55$1,323
Feb 202480176.091.78$1,429
Jan 202490173.023.30$2,971
Dec 202387871.262.61$2,292
Nov 202383777.892.81$2,350
Oct 202386985.443.09$2,683
Sep 202384389.042.74$2,306
Aug 202386980.522.67$2,323
Jul 202395374.852.64$2,518
Jun 202384168.962.26$1,899
May 202386470.622.23$1,924
Apr 202382278.122.24$1,839
Mar 202385172.852.39$2,037
Feb 202377375.112.47$1,906
Jan 202386776.533.39$2,937
Dec 202287876.415.73$5,030
Nov 202285185.005.65$4,805
Oct 202287787.185.86$5,143
Sep 202285084.888.16$6,939
Aug 202288594.529.13$8,078
Jul 2022897101.587.54$6,765
Jun 2022882115.097.98$7,036
May 2022897109.378.43$7,564
Apr 2022871104.226.84$5,956
Mar 2022894108.885.08$4,538
Feb 202284891.054.86$4,120
Jan 202289481.844.54$4,057
Dec 202191971.323.90$3,583
Nov 202189477.435.24$4,682
Oct 202193179.795.71$5,320
Sep 202191169.865.35$4,875
Aug 202192066.024.22$3,883
Jul 202193770.783.98$3,731
Jun 202195369.493.38$3,222
May 20211,02763.483.02$3,099
Apr 202166460.362.76$1,832
Mar 20211,11661.302.72$3,032
Feb 202152057.805.55$2,885
Jan 202194150.412.81$2,644
Dec 202095944.642.68$2,566
Nov 202091938.772.71$2,487
Oct 202089836.972.48$2,226
Sep 202093537.091.99$1,862
Aug 202096539.982.39$2,302
Jul 202094738.371.83$1,728
Jun 202090834.901.69$1,535
May 202093216.921.81$1,691
Apr 202089214.751.80$1,610
Mar 202093930.341.86$1,743
Feb 202089649.881.98$1,775
Jan 202096357.252.09$2,017
Dec 201997159.012.30$2,238
Nov 201994855.302.75$2,608
Oct 201996653.472.42$2,336
Sep 201995255.052.66$2,530
Aug 201998853.112.30$2,277
Jul 201998556.272.46$2,423
Jun 201995552.782.49$2,379
May 20191,03758.482.74$2,842
Apr 201981162.632.75$2,231
Mar 201999956.803.06$3,059
Feb 201991750.852.79$2,560
Jan 20191,02446.033.23$3,306
Dec 2018046.594.19$0
Nov 2018052.934.24$0
Oct 20181,04561.443.40$3,551
Sep 20181,02359.543.11$3,179
Aug 20181,05859.403.07$3,244
Jul 20181,04165.142.93$3,052
Jun 20181,00560.183.08$3,092
May 20181,04965.382.90$3,043
Apr 20181,13763.842.90$3,298
Mar 201854661.222.79$1,522
Feb 201894061.782.77$2,600
Jan 20181,07162.874.01$4,294
Dec 20171,06657.272.92$3,114
Nov 20171,14055.423.12$3,555
Oct 201783149.292.98$2,479
Sep 201756747.523.09$1,750
Aug 20171,12645.373.00$3,383
Jul 201766543.873.09$2,053
Jun 201796442.493.09$2,976
May 20171,03645.373.26$3,381
Apr 201799947.933.21$3,208
Mar 20171,04946.772.98$3,130
Feb 201796550.452.95$2,849
Jan 20171,03149.413.42$3,525
Dec 20161,05748.763.72$3,935
Nov 20161,11242.492.64$2,941
Oct 20161,19246.193.09$3,684
Sep 20161,12841.553.10$3,498
Aug 201688041.442.92$2,573
Jul 20161,16241.622.92$3,398
Jun 20161,11445.352.69$2,992
May 20161,15042.521.99$2,290
Apr 20161,11836.561.99$2,226
Mar 20161,16533.011.79$2,090
Feb 20161,07026.472.06$2,208
Jan 20161,17027.352.36$2,766
Dec 20151,14232.362.00$2,286
Nov 20151,13838.792.17$2,466
Oct 20151,20743.552.43$2,929
Sep 20151,24742.992.76$3,440
Aug 20151,10340.162.87$3,168
Jul 20151,20848.152.95$3,558
Jun 20151,17856.152.88$3,396
May 20151,11355.212.96$3,289
Apr 20151,18449.822.71$3,205
Mar 20151,23442.892.93$3,621
Feb 20151,08644.662.98$3,232
Jan 20151,25843.433.10$3,901
Dec 20141,25154.693.59$4,493
Nov 20141,09570.464.25$4,656
Oct 20141,40178.303.90$5,465
Sep 201471386.164.05$2,884
Aug 201475889.394.04$3,059
Jul 20141,18896.564.18$4,965
Jun 20141,23998.164.74$5,869
May 20141,24294.734.73$5,870
Apr 20141,21595.944.81$5,843
Mar 20141,25195.895.06$6,326
Feb 20141,13097.406.19$6,997
Jan 20141,27090.404.86$6,173
Dec 20131,26891.824.35$5,521
Nov 20131,25388.853.74$4,684
Oct 20131,30297.423.78$4,921
Sep 20131,267104.113.72$4,710
Aug 20131,327104.253.52$4,675
Jul 20131,312102.523.72$4,878
Jun 20131,30094.403.93$5,113
May 20131,25294.834.15$5,195
Apr 20131,26193.964.28$5,400
Mar 20131,34893.623.91$5,275
Feb 20131,23291.233.42$4,213
Jan 20131,36791.603.42$4,675
Dec 20121,37586.773.42$4,703
Nov 20121,36786.953.62$4,955
Oct 20121,40789.383.40$4,783
Sep 20121,37494.672.92$4,010
Aug 20121,40792.662.91$4,092
Jul 20121,40285.133.02$4,235
Jun 20121,41279.822.52$3,557
May 20121,36791.612.49$3,402
Apr 20121,375101.652.00$2,746
Mar 20121,411105.052.22$3,135
Feb 20121,321101.102.57$3,395
Jan 20121,42498.092.73$3,893
Dec 20111,43896.873.24$4,659
Nov 20111,40295.723.31$4,642
Oct 20111,46584.983.65$5,345
Sep 20111,44583.623.99$5,759
Aug 20111,51883.404.15$6,299
Jul 20111,49994.144.52$6,771
Jun 20111,48692.904.64$6,895
May 20111,57298.134.40$6,924
Apr 20111,440105.964.33$6,240
Mar 20111,52896.364.06$6,200
Feb 20111,39485.644.18$5,827
Jan 20111,53886.504.59$7,058
Dec 20101,53085.734.35$6,652
Nov 20101,53180.843.80$5,811
Oct 20101,59178.103.51$5,583
Sep 20101,56072.633.98$6,208
Aug 20101,64973.684.42$7,288
Jul 20101,67072.554.74$7,910
Jun 20101,66870.364.91$8,191
May 20101,60771.124.24$6,806
Apr 20101,63381.694.12$6,732
Mar 20101,68678.394.39$7,399
Feb 20101,50173.585.44$8,169
Jan 20101,71374.365.96$10,216
Dec 20091,74571.445.48$9,569
Nov 20091,71974.593.75$6,449
Oct 20091,80072.544.11$7,398
Sep 20091,76065.543.06$5,394
Aug 20091,87067.423.22$6,019
Jul 20091,95961.133.46$6,787
Jun 20091,62166.163.90$6,314
May 20091,87554.743.93$7,361
Apr 20091,86346.773.59$6,684
Mar 20091,86542.144.06$7,570
Feb 20091,73032.814.63$8,015
Jan 20091,90335.865.37$10,221
Dec 20081,97137.105.98$11,781
Nov 20081,93455.496.86$13,268
Oct 20082,01075.246.92$13,913
Sep 20081,983101.767.88$15,620
Aug 20082,078114.228.48$17,628
Jul 20082,058131.0811.39$23,439
Jun 20082,066131.3313.03$26,925
May 20082,159123.1711.57$24,989
Apr 20082,183110.3110.45$22,823
Mar 20081,918101.909.66$18,536
Feb 20082,09892.538.77$18,401
Jan 20082,25590.388.21$18,504
Dec 20072,32188.337.30$16,948
Nov 20072,32291.677.29$16,931
Oct 20072,47082.856.92$17,097
Sep 20072,43375.846.24$15,192
Aug 20072,57569.066.39$16,449
Jul 20072,70070.906.39$17,247
Jun 20072,69562.007.55$20,343
May 20072,85858.747.85$22,425
Apr 20072,90559.617.81$22,674
Mar 20073,14656.927.30$22,972
Feb 20073,04655.108.22$25,026
Jan 20073,57450.306.73$24,042
Dec 20063,96956.656.92$27,459
Nov 20064,40654.207.62$33,563
Oct 20066,58854.906.01$39,619
Sep 20061,97160.085.04$9,928
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 199892711.742.24$2,074
Jun 19982,14011.242.24$4,788
May 19981,88512.622.21$4,159
Apr 19982,25913.042.51$5,660
Mar 19982,23612.802.31$5,164
Feb 19982,14413.952.30$4,929
Jan 19982,11014.702.15$4,547
Dec 19972,57816.322.41$6,216
Nov 19972,22818.193.09$6,881
Oct 19972,21319.253.15$6,971
Sep 19972,22817.742.95$6,583
Aug 19972,44217.862.55$6,239
Jul 19972,44317.582.25$5,489
Jun 19972,44517.242.26$5,519
May 19972,39018.972.31$5,517
Apr 19972,72617.882.08$5,678
Mar 19972,60618.951.94$5,053
Feb 19972,38720.492.21$5,265
Jan 19972,67623.483.54$9,472
Dec 19962,94523.32$0
Nov 19962,50321.97$0
Oct 19962,57823.31$0
Sep 19965,09322.22$0
Aug 19962,61920.26$0
Jul 19962,59819.55$0
Jun 19962,65918.73$0
May 19962,81519.43$0
Apr 19962,64321.51$0
Mar 19962,78219.38$0
Feb 19962,58216.98$0
Jan 19962,83817.07$0
Dec 19952,92917.19$0
Nov 19952,72016.00$0
Oct 19952,77315.43$0
Sep 19952,71616.18$0
Aug 19952,96015.92$0
Jul 19952,82515.24$0
Jun 19952,79316.41$0
May 19952,58517.56$0
Apr 19952,76417.73$0
Mar 19953,00316.44$0
Feb 19952,69516.58$0
Jan 19952,76115.92$0
Dec 19942,83815.03$0
Nov 19942,82015.90$0
Oct 19943,03415.58$0
Sep 19942,98315.29$0
Aug 19942,98016.13$0
Jul 19943,11217.56$0
Jun 19943,19217.09$0
May 19942,92215.88$0
Apr 19943,00414.14$0
Mar 19943,22812.46$0
Feb 19942,86412.50$0
Jan 19943,21412.66$0
Dec 19933,09512.33$0
Nov 19933,03314.49$0
Oct 19933,26915.85$0
Sep 19933,17315.03$0
Aug 19933,50815.66$0
Jul 19933,39715.46$0
Jun 19932,68316.79$0
May 19933,44417.68$0
Apr 19933,23018.05$0
Mar 19933,41418.14$0
Feb 19933,02217.90$0
Jan 19933,52916.93$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                  798 Mcf  × $  2.87 =     $2,290

────────────────────────────────────────────────────
Month total                                   $2,290

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/50739 is the state's own key, not one this site invented.