MASTERSON

Operated by BURK ROYALTY CO., LTD. (P-5 108799) in the PANHANDLE, WEST field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 50740District 10Field 68831001GasSaveExport
Value, all time
$1.7 M
Jan 1993 – May 2026
Value, last 12 filed months
$25 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 4,532 leases and 4,532 wells, and the rule below applies to all of them.

Discovered
1933-02-08
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 2013-11-12.

The Commission's schedule remark for this field reads: IS HEREBY SUSPENDED.

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
GasProduction581,363 Mcf$1,720,171
Total$1,720,171

173,416 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 35.5469, -101.9057. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.54686, -101.90566 · 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
3,297 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 3,297 ft.

Completions filed
Jul 2003
1 of 1 wells

1 well

42-37530038B 943,297 ftJul 2003

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 202659098.932.87$1,693
Mar 202662389.753.15$1,962
Feb 202654463.503.75$2,040
Jan 202654159.138.00$4,327
Dec 202560256.664.41$2,657
Nov 202559058.593.93$2,317
Oct 202562159.383.30$2,052
Sep 202562062.743.08$1,908
Aug 202561063.933.01$1,839
Jul 202562466.743.32$2,069
Jun 202560666.483.13$1,896
May 202563760.553.23$2,059
Apr 202562262.363.54$2,204
Mar 202564867.704.27$2,766
Feb 202555870.884.34$2,422
Jan 202562674.324.28$2,678
Dec 202464268.993.12$2,004
Nov 202462869.052.20$1,381
Oct 202466171.372.28$1,508
Sep 202465469.612.36$1,546
Aug 202468275.632.06$1,407
Jul 202470579.932.15$1,513
Jun 202467978.082.63$1,788
May 202469678.812.20$1,530
Apr 202466584.451.66$1,103
Mar 202468880.301.55$1,063
Feb 202463876.091.78$1,138
Jan 202476273.023.30$2,513
Dec 202373271.262.61$1,911
Nov 202365177.892.81$1,828
Oct 202373885.443.09$2,278
Sep 202369489.042.74$1,898
Aug 202370980.522.67$1,895
Jul 202382074.852.64$2,166
Jun 202374168.962.26$1,674
May 202375770.622.23$1,686
Apr 202373078.122.24$1,634
Mar 202375772.852.39$1,812
Feb 202371175.112.47$1,753
Jan 202361276.533.39$2,073
Dec 202258176.415.73$3,329
Nov 202271185.005.65$4,014
Oct 202273887.185.86$4,327
Sep 202273984.888.16$6,033
Aug 202275394.529.13$6,873
Jul 2022769101.587.54$5,800
Jun 2022706115.097.98$5,632
May 2022641109.378.43$5,406
Apr 2022693104.226.84$4,738
Mar 2022711108.885.08$3,609
Feb 202262591.054.86$3,037
Jan 202269681.844.54$3,158
Dec 202171571.323.90$2,788
Nov 202169477.435.24$3,634
Oct 202172979.795.71$4,165
Sep 202171569.865.35$3,826
Aug 202175566.024.22$3,187
Jul 202175270.783.98$2,995
Jun 202172669.493.38$2,454
May 202179863.483.02$2,408
Apr 202147060.362.76$1,296
Mar 202183061.302.72$2,255
Feb 202138957.805.55$2,158
Jan 202173250.412.81$2,057
Dec 202073944.642.68$1,977
Nov 202071938.772.71$1,946
Oct 202069236.972.48$1,715
Sep 202075537.091.99$1,503
Aug 202075639.982.39$1,803
Jul 202079138.371.83$1,444
Jun 202075734.901.69$1,280
May 202077016.921.81$1,397
Apr 202073414.751.80$1,324
Mar 202075230.341.86$1,396
Feb 202068249.881.98$1,351
Jan 202074657.252.09$1,563
Dec 2019059.012.30$0
Nov 201971055.302.75$1,953
Oct 201975553.472.42$1,826
Sep 201976155.052.66$2,022
Aug 2019053.112.30$0
Jul 201981756.272.46$2,010
Jun 201979052.782.49$1,968
May 201994258.482.74$2,581
Apr 201957862.632.75$1,590
Mar 201982456.803.06$2,523
Feb 2019050.852.79$0
Jan 2019046.033.23$0
Dec 2018046.594.19$0
Nov 2018052.934.24$0
Oct 201891461.443.40$3,106
Sep 201890459.543.11$2,810
Aug 201892659.403.07$2,840
Jul 201894265.142.93$2,762
Jun 201892660.183.08$2,849
May 201899065.382.90$2,872
Apr 20181,09363.842.90$3,171
Mar 201817161.222.79$477
Feb 201883561.782.77$2,310
Jan 201894362.874.01$3,781
Dec 20171,03157.272.92$3,012
Nov 20171,01155.423.12$3,153
Oct 201765749.292.98$1,960
Sep 201748447.523.09$1,494
Aug 201799045.373.00$2,974
Jul 201761343.873.09$1,893
Jun 201790342.493.09$2,788
May 201794445.373.26$3,081
Apr 201791547.933.21$2,939
Mar 201788646.772.98$2,644
Feb 201785150.452.95$2,513
Jan 201794049.413.42$3,214
Dec 201691848.763.72$3,418
Nov 201697342.492.64$2,573
Oct 20161,07646.193.09$3,325
Sep 201639341.553.10$1,219
Aug 201689241.442.92$2,609
Jul 201697641.622.92$2,854
Jun 201695045.352.69$2,552
May 201695342.521.99$1,897
Apr 201694436.561.99$1,880
Mar 201698533.011.79$1,767
Feb 201689526.472.06$1,847
Jan 201698227.352.36$2,322
Dec 201598132.362.00$1,963
Nov 201594338.792.17$2,044
Oct 201598443.552.43$2,388
Sep 201598442.992.76$2,714
Aug 201599340.162.87$2,852
Jul 20151,02948.152.95$3,030
Jun 20151,08556.152.88$3,128
May 201563255.212.96$1,868
Apr 201599049.822.71$2,680
Mar 20151,03042.892.93$3,023
Feb 201590844.662.98$2,702
Jan 20151,00343.433.10$3,110
Dec 20141,05254.693.59$3,778
Nov 201499970.464.25$4,248
Oct 201499578.303.90$3,881
Sep 20141,08886.164.05$4,401
Aug 201480089.394.04$3,228
Jul 20141,06196.564.18$4,435
Jun 201499298.164.74$4,699
May 20141,04294.734.73$4,925
Apr 20141,01195.944.81$4,862
Mar 20141,04495.895.06$5,279
Feb 201493797.406.19$5,802
Jan 20141,06690.404.86$5,182
Dec 20131,06091.824.35$4,616
Nov 20131,04288.853.74$3,895
Oct 20131,09797.423.78$4,146
Sep 20131,086104.113.72$4,037
Aug 20131,191104.253.52$4,195
Jul 20131,213102.523.72$4,510
Jun 20131,24394.403.93$4,889
May 201381994.834.15$3,398
Apr 20131,12793.964.28$4,826
Mar 20131,16893.623.91$4,570
Feb 20131,06391.233.42$3,635
Jan 20131,18191.603.42$4,039
Dec 20121,10186.773.42$3,766
Nov 20121,13386.953.62$4,107
Oct 20121,19989.383.40$4,076
Sep 20121,20394.672.92$3,511
Aug 201284092.662.91$2,443
Jul 20121,04585.133.02$3,157
Jun 201294579.822.52$2,380
May 201281591.612.49$2,028
Apr 2012962101.652.00$1,921
Mar 2012974105.052.22$2,164
Feb 2012921101.102.57$2,367
Jan 20121,02898.092.73$2,811
Dec 201198896.873.24$3,201
Nov 201198795.723.31$3,268
Oct 20111,06484.983.65$3,882
Sep 20111,06783.623.99$4,253
Aug 20111,16483.404.15$4,830
Jul 20111,12994.144.52$5,100
Jun 20111,10792.904.64$5,136
May 20111,14398.134.40$5,035
Apr 20111,113105.964.33$4,823
Mar 20111,15596.364.06$4,686
Feb 201193585.644.18$3,908
Jan 20111,09086.504.59$5,002
Dec 20101,14385.734.35$4,969
Nov 20101,10280.843.80$4,182
Oct 20101,20778.103.51$4,235
Sep 20101,18672.633.98$4,720
Aug 20101,24173.684.42$5,484
Jul 20101,22372.554.74$5,793
Jun 20101,27470.364.91$6,256
May 20101,26871.124.24$5,370
Apr 201098281.694.12$4,048
Mar 20101,32478.394.39$5,811
Feb 201095373.585.44$5,187
Jan 20101,19674.365.96$7,133
Dec 20091,24671.445.48$6,833
Nov 20091,22774.593.75$4,603
Oct 20091,28772.544.11$5,290
Sep 20091,11365.543.06$3,411
Aug 20091,18967.423.22$3,827
Jul 20091,27861.133.46$4,428
Jun 200993966.163.90$3,657
May 20091,16354.743.93$4,566
Apr 20091,25046.773.59$4,484
Mar 20091,24942.144.06$5,070
Feb 20091,10132.814.63$5,101
Jan 20091,13035.865.37$6,069
Dec 20081,19837.105.98$7,161
Nov 20081,15355.496.86$7,910
Oct 20081,29675.246.92$8,971
Sep 20081,349101.767.88$10,626
Aug 20081,520114.228.48$12,894
Jul 20081,605131.0811.39$18,280
Jun 20081,548131.3313.03$20,175
May 20081,625123.1711.57$18,808
Apr 20081,620110.3110.45$16,937
Mar 20081,667101.909.66$16,110
Feb 20081,54792.538.77$13,568
Jan 20081,68690.388.21$13,835
Dec 20071,67588.337.30$12,231
Nov 20071,67691.677.29$12,221
Oct 20071,83182.856.92$12,674
Sep 20071,77975.846.24$11,108
Aug 20071,87869.066.39$11,997
Jul 20071,97270.906.39$12,597
Jun 20072,04562.007.55$15,437
May 20072,13558.747.85$16,752
Apr 20072,04759.617.81$15,977
Mar 20072,23656.927.30$16,327
Feb 20072,10355.108.22$17,278
Jan 20071,95350.306.73$13,138
Dec 20062,33356.656.92$16,141
Nov 20062,38654.207.62$18,175
Oct 20062,55454.906.01$15,359
Sep 20062,57060.085.04$12,946
Aug 20062,68668.717.34$19,715
Jul 20062,90569.376.34$18,426
Jun 20062,92866.286.38$18,692
May 20062,96966.016.42$19,076
Apr 20063,46864.397.36$25,526
Mar 20061,33256.707.08$9,434
Feb 20061957.597.75$147
Jan 2006060.598.93$0
Dec 20053554.9413.42$470
Nov 200541454.6910.59$4,384
Oct 200531758.3413.80$4,373
Sep 20058861.4512.08$1,063
Aug 200517561.519.80$1,714
Jul 20054455.697.84$345
Jun 2005352.337.38$22
May 2005045.226.65$0
Apr 20053,83549.207.36$28,227
Mar 20055850.377.15$415
Feb 200511145.226.31$701
Jan 200540943.166.32$2,586
Dec 200447539.866.75$3,207
Nov 200486145.286.33$5,450
Oct 200466849.706.52$4,352
Sep 200472343.245.28$3,820
Aug 200418242.375.55$1,010
Jul 200490238.286.08$5,488
Jun 20041,36736.106.43$8,794
May 200458537.486.49$3,799
Apr 20041,20634.475.86$7,065
Mar 200444734.365.53$2,472
Feb 200468432.455.51$3,769
Jan 20041,59532.036.30$10,048
Dec 20032,16630.266.30$13,649
Nov 20032,31728.804.60$10,647
Oct 20031,16328.174.76$5,535
Sep 20032,02226.314.75$9,603
Aug 20032,84929.765.13$14,615
Jul 200367629.415.17$3,495
Jun 2003028.565.98$0
May 2003026.595.97$0
Apr 20034526.675.41$243
Mar 200353931.146.10$3,286
Feb 200375533.487.93$5,984
Jan 20031,04530.315.58$5,833
Dec 20021,16926.914.85$5,674
Nov 200297624.664.14$4,038
Oct 20021,36626.464.23$5,777
Sep 20021,16527.443.64$4,235
Aug 200292125.963.16$2,914
Jul 200282724.583.06$2,532
Jun 200283923.733.34$2,801
May 200254924.663.58$1,968
Apr 200296923.653.51$3,403
Mar 20021,46122.003.10$4,533
Feb 20021,06618.222.38$2,532
Jan 20021,39417.172.38$3,312
Dec 20011,47116.932.36$3,478
Nov 20011,50818.072.41$3,628
Oct 20011,54919.782.53$3,917
Sep 20011,39024.262.25$3,129
Aug 20011,33524.873.05$4,076
Jul 20011,54523.933.20$4,939
Jun 20011,59024.563.82$6,080
May 20011,42525.524.31$6,138
Apr 20011,40224.685.34$7,480
Mar 20011,48924.545.38$8,006
Feb 20011,64527.755.77$9,487
Jan 20011,79427.478.40$15,067
Dec 20001,68526.889.12$15,371
Nov 20001,67732.215.66$9,488
Oct 20001,80331.235.15$9,277
Sep 20001,63331.875.19$8,470
Aug 20001,80729.644.54$8,205
Jul 20001,51628.534.09$6,200
Jun 20001,56629.304.40$6,886
May 20001,84127.263.68$6,774
Apr 20001,78924.513.12$5,575
Mar 20001,93528.422.86$5,534
Feb 20001,87727.622.73$5,118
Jan 20002,26825.272.48$5,626
Dec 19992,12824.282.42$5,158
Nov 19991,88723.192.43$4,593
Oct 19991,91020.982.80$5,355
Sep 19991,72121.752.62$4,507
Aug 19991,89719.262.88$5,455
Jul 19992,01217.892.37$4,773
Jun 19992,09315.942.36$4,944
May 19992,03915.792.32$4,733
Apr 19992,08615.102.21$4,606
Mar 19992,53012.471.84$4,651
Feb 19991,8179.981.82$3,303
Jan 19992,39510.381.90$4,550
Dec 19982,4329.201.77$4,313
Nov 19982,20110.892.19$4,811
Oct 19982,08012.421.97$4,096
Sep 19981,94212.592.08$4,044
Aug 19982,05311.301.91$3,916
Jul 19981,84711.742.24$4,132
Jun 19981,98511.242.24$4,441
May 19982,32312.622.21$5,125
Apr 19982,30913.042.51$5,785
Mar 19982,42312.802.31$5,596
Feb 19982,22413.952.30$5,113
Jan 19982,65014.702.15$5,710
Dec 19972,78416.322.41$6,713
Nov 19972,03618.193.09$6,288
Oct 19972,11519.253.15$6,662
Sep 19972,46017.742.95$7,269
Aug 19972,64317.862.55$6,752
Jul 19972,73117.582.25$6,136
Jun 19972,61517.242.26$5,903
May 19972,77118.972.31$6,397
Apr 19972,57717.882.08$5,367
Mar 19972,66018.951.94$5,158
Feb 19972,44820.492.21$5,400
Jan 19972,55023.483.54$9,026
Dec 19962,41223.32$0
Nov 19962,16821.97$0
Oct 19962,61923.31$0
Sep 19962,00522.22$0
Aug 19962,59020.26$0
Jul 19963,01019.55$0
Jun 19963,06818.73$0
May 19963,28419.43$0
Apr 19963,01821.51$0
Mar 19962,94619.38$0
Feb 19963,06316.98$0
Jan 19963,07117.07$0
Dec 19953,15117.19$0
Nov 19952,92216.00$0
Oct 19953,47215.43$0
Sep 19952,99816.18$0
Aug 19953,66515.92$0
Jul 19953,67115.24$0
Jun 19953,19816.41$0
May 19952,88117.56$0
Apr 19953,61917.73$0
Mar 19953,45516.44$0
Feb 19952,53916.58$0
Jan 19953,21815.92$0
Dec 19943,46415.03$0
Nov 19943,74415.90$0
Oct 19944,39915.58$0
Sep 19943,94415.29$0
Aug 19943,98916.13$0
Jul 19943,59317.56$0
Jun 19943,49917.09$0
May 19943,00015.88$0
Apr 19943,33514.14$0
Mar 19944,26212.46$0
Feb 19943,94012.50$0
Jan 19944,48512.66$0
Dec 19934,39512.33$0
Nov 19934,11514.49$0
Oct 19934,16615.85$0
Sep 19934,39715.03$0
Aug 19934,78015.66$0
Jul 19934,85315.46$0
Jun 19934,91016.79$0
May 19934,64917.68$0
Apr 19934,82318.05$0
Mar 19935,00018.14$0
Feb 19934,58117.90$0
Jan 19935,05016.93$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                  590 Mcf  × $  2.87 =     $1,693

────────────────────────────────────────────────────
Month total                                   $1,693

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/50740 is the state's own key, not one this site invented.