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 50742District 10Field 68831001GasSaveExport
Value, all time
$762 k
Jan 1993 – May 2026
Value, last 12 filed months
$10 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
GasProduction392,733 Mcf$761,592
Total$761,592

187,805 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 35.6003, -101.8285. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.60029, -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
3,147 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 3,147 ft.

Completions filed
May 1971
1 of 1 wells

1 well

42-37530042B 963,147 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 202622098.932.87$631
Mar 202623189.753.15$728
Feb 202620263.503.75$758
Jan 202620759.138.00$1,656
Dec 202523256.664.41$1,024
Nov 202522458.593.93$880
Oct 202524659.383.30$813
Sep 202525262.743.08$775
Aug 202522363.933.01$672
Jul 202525866.743.32$855
Jun 202524966.483.13$779
May 202524360.553.23$785
Apr 202522762.363.54$804
Mar 202519567.704.27$832
Feb 202516670.884.34$721
Jan 202518474.324.28$787
Dec 202421768.993.12$677
Nov 202422769.052.20$499
Oct 202424071.372.28$548
Sep 202422169.612.36$523
Aug 202425675.632.06$528
Jul 202427679.932.15$592
Jun 202427178.082.63$714
May 202429578.812.20$649
Apr 202426284.451.66$435
Mar 202426180.301.55$403
Feb 202423976.091.78$426
Jan 202424973.023.30$821
Dec 202326671.262.61$694
Nov 202329277.892.81$820
Oct 202331385.443.09$966
Sep 202331089.042.74$848
Aug 202332980.522.67$879
Jul 202310574.852.64$277
Jun 202332868.962.26$741
May 202335770.622.23$795
Apr 202336478.122.24$815
Mar 202398672.852.39$2,360
Feb 20231,00675.112.47$2,480
Jan 202390276.533.39$3,056
Dec 202235176.415.73$2,011
Nov 202232485.005.65$1,829
Oct 202229187.185.86$1,706
Sep 202229484.888.16$2,400
Aug 202235094.529.13$3,195
Jul 2022298101.587.54$2,248
Jun 2022132115.097.98$1,053
May 2022124109.378.43$1,046
Apr 2022473104.226.84$3,234
Mar 2022609108.885.08$3,092
Feb 202273191.054.86$3,552
Jan 202268481.844.54$3,104
Dec 202147471.323.90$1,848
Nov 202131177.435.24$1,629
Oct 202130679.795.71$1,748
Sep 202132369.865.35$1,728
Aug 202135166.024.22$1,481
Jul 202138570.783.98$1,533
Jun 202155669.493.38$1,880
May 202156763.483.02$1,711
Apr 202131060.362.76$855
Mar 202139961.302.72$1,084
Feb 202114257.805.55$788
Jan 202128250.412.81$793
Dec 202026044.642.68$696
Nov 202026938.772.71$728
Oct 202024836.972.48$615
Sep 202027437.091.99$546
Aug 202028239.982.39$673
Jul 202027638.371.83$504
Jun 202027634.901.69$467
May 202028016.921.81$508
Apr 202025914.751.80$467
Mar 202026230.341.86$486
Feb 202024849.881.98$491
Jan 202026557.252.09$555
Dec 2019059.012.30$0
Nov 201928655.302.75$787
Oct 201928353.472.42$684
Sep 201925555.052.66$678
Aug 2019053.112.30$0
Jul 201932756.272.46$804
Jun 201936552.782.49$909
May 201944458.482.74$1,217
Apr 201924562.632.75$674
Mar 201944856.803.06$1,372
Feb 2019050.852.79$0
Jan 2019046.033.23$0
Dec 2018046.594.19$0
Nov 2018052.934.24$0
Oct 201828061.443.40$951
Sep 201827159.543.11$842
Aug 201828459.403.07$871
Jul 201829465.142.93$862
Jun 201828560.183.08$877
May 201831765.382.90$920
Apr 201836063.842.90$1,044
Mar 201817961.222.79$499
Feb 201843561.782.77$1,203
Jan 201840962.874.01$1,640
Dec 201731257.272.92$912
Nov 201733555.423.12$1,045
Oct 201717249.292.98$513
Sep 201718147.523.09$559
Aug 201720445.373.00$613
Jul 201715943.873.09$491
Jun 201745942.493.09$1,417
May 201750745.373.26$1,655
Apr 201747247.933.21$1,516
Mar 201749846.772.98$1,486
Feb 201739850.452.95$1,175
Jan 201735549.413.42$1,214
Dec 201630248.763.72$1,124
Nov 201629542.492.64$780
Oct 201633246.193.09$1,026
Sep 201621841.553.10$676
Aug 201621641.442.92$632
Jul 201633041.622.92$965
Jun 201644345.352.69$1,190
May 201651942.521.99$1,033
Apr 201648036.561.99$956
Mar 201647233.011.79$847
Feb 201644626.472.06$920
Jan 201642327.352.36$1,000
Dec 201528632.362.00$572
Nov 201528638.792.17$620
Oct 201530643.552.43$743
Sep 201529342.992.76$808
Aug 201530940.162.87$888
Jul 201533348.152.95$981
Jun 201532856.152.88$946
May 201527855.212.96$822
Apr 201531949.822.71$863
Mar 201526442.892.93$775
Feb 2015044.662.98$0
Jan 2015043.433.10$0
Dec 2014054.693.59$0
Nov 2014070.464.25$0
Oct 201420478.303.90$796
Sep 20146486.164.05$259
Aug 201419189.394.04$771
Jul 201433396.564.18$1,392
Jun 201428098.164.74$1,326
May 201448394.734.73$2,283
Apr 201445595.944.81$2,188
Mar 201439295.895.06$1,982
Feb 201427197.406.19$1,678
Jan 201430490.404.86$1,478
Dec 201329591.824.35$1,285
Nov 201330988.853.74$1,155
Oct 201322497.423.78$847
Sep 2013307104.113.72$1,141
Aug 2013177104.253.52$624
Jul 2013288102.523.72$1,071
Jun 201328594.403.93$1,121
May 201325094.834.15$1,037
Apr 201330593.964.28$1,306
Mar 201334893.623.91$1,362
Feb 201330991.233.42$1,057
Jan 201334491.603.42$1,176
Dec 201235286.773.42$1,204
Nov 201236686.953.62$1,327
Oct 201237689.383.40$1,278
Sep 201238494.672.92$1,121
Aug 201239892.662.91$1,157
Jul 201245885.133.02$1,384
Jun 201224779.822.52$622
May 201230191.612.49$749
Apr 2012381101.652.00$761
Mar 2012549105.052.22$1,220
Feb 2012710101.102.57$1,825
Jan 20121,20598.092.73$3,295
Dec 201173096.873.24$2,365
Nov 201152395.723.31$1,732
Oct 201122784.983.65$828
Sep 201129883.623.99$1,188
Aug 201150183.404.15$2,079
Jul 201121694.144.52$976
Jun 201142792.904.64$1,981
May 201144998.134.40$1,978
Apr 2011412105.964.33$1,785
Mar 201148796.364.06$1,976
Feb 201137485.644.18$1,563
Jan 201145886.504.59$2,102
Dec 201062185.734.35$2,700
Nov 201049680.843.80$1,882
Oct 201050478.103.51$1,768
Sep 201036672.633.98$1,456
Aug 201060973.684.42$2,691
Jul 201075272.554.74$3,562
Jun 20103470.364.91$167
May 2010071.124.24$0
Apr 2010081.694.12$0
Mar 2010078.394.39$0
Feb 2010073.585.44$0
Jan 2010074.365.96$0
Dec 2009071.445.48$0
Nov 2009074.593.75$0
Oct 2009072.544.11$0
Sep 2009065.543.06$0
Aug 2009067.423.22$0
Jul 2009061.133.46$0
Jun 2009066.163.90$0
May 2009054.743.93$0
Apr 2009046.773.59$0
Mar 2009042.144.06$0
Feb 2009032.814.63$0
Jan 2009035.865.37$0
Dec 2008037.105.98$0
Nov 2008055.496.86$0
Oct 2008075.246.92$0
Sep 20080101.767.88$0
Aug 20080114.228.48$0
Jul 20080131.0811.39$0
Jun 20080131.3313.03$0
May 20080123.1711.57$0
Apr 20080110.3110.45$0
Mar 20080101.909.66$0
Feb 2008092.538.77$0
Jan 2008090.388.21$0
Dec 2007088.337.30$0
Nov 2007091.677.29$0
Oct 2007082.856.92$0
Sep 2007075.846.24$0
Aug 2007069.066.39$0
Jul 2007070.906.39$0
Jun 2007062.007.55$0
May 2007058.747.85$0
Apr 2007059.617.81$0
Mar 2007056.927.30$0
Feb 2007055.108.22$0
Jan 2007050.306.73$0
Dec 2006056.656.92$0
Nov 2006054.207.62$0
Oct 2006054.906.01$0
Sep 200613160.085.04$660
Aug 200661568.717.34$4,514
Jul 200666569.376.34$4,218
Jun 200674366.286.38$4,743
May 200670766.016.42$4,542
Apr 200693064.397.36$6,845
Mar 20068756.707.08$616
Feb 2006057.597.75$0
Jan 200643760.598.93$3,904
Dec 200559254.9413.42$7,942
Nov 200570454.6910.59$7,454
Oct 200582358.3413.80$11,354
Sep 200574561.4512.08$8,999
Aug 200573161.519.80$7,161
Jul 200577055.697.84$6,040
Jun 200574652.337.38$5,506
May 200568345.226.65$4,543
Apr 200580349.207.36$5,910
Mar 200585650.377.15$6,125
Feb 200570645.226.31$4,456
Jan 200579143.166.32$5,001
Dec 200484939.866.75$5,732
Nov 200480145.286.33$5,071
Oct 200485249.706.52$5,551
Sep 200481343.245.28$4,296
Aug 200489742.375.55$4,979
Jul 200492538.286.08$5,628
Jun 200477536.106.43$4,986
May 200474937.486.49$4,864
Apr 200485734.475.86$5,021
Mar 200490534.365.53$5,005
Feb 200483732.455.51$4,612
Jan 200480932.036.30$5,096
Dec 200362930.266.30$3,964
Nov 200364028.804.60$2,941
Oct 200373628.174.76$3,503
Sep 200371726.314.75$3,405
Aug 200378829.765.13$4,042
Jul 200373929.415.17$3,821
Jun 200372328.565.98$4,326
May 20031,01526.595.97$6,062
Apr 200383426.675.41$4,510
Mar 200374831.146.10$4,560
Feb 200381433.487.93$6,452
Jan 200395230.315.58$5,314
Dec 200275826.914.85$3,679
Nov 200299724.664.14$4,125
Oct 200296626.464.23$4,085
Sep 200293927.443.64$3,413
Aug 20021,00325.963.16$3,174
Jul 20021,11024.583.06$3,399
Jun 200294923.733.34$3,168
May 20021,13724.663.58$4,075
Apr 20021,22623.653.51$4,306
Mar 20021,01622.003.10$3,152
Feb 200291418.222.38$2,171
Jan 20021,17217.172.38$2,784
Dec 20011,37316.932.36$3,246
Nov 200171918.072.41$1,730
Oct 200191019.782.53$2,301
Sep 20011,02424.262.25$2,305
Aug 20011,23924.873.05$3,783
Jul 20011,07823.933.20$3,446
Jun 200196524.563.82$3,690
May 20011,01925.524.31$4,389
Apr 20011,17124.685.34$6,248
Mar 20011,38424.545.38$7,441
Feb 200194327.755.77$5,438
Jan 20011,26927.478.40$10,658
Dec 20001,11326.889.12$10,153
Nov 20001,30532.215.66$7,384
Oct 20001,43531.235.15$7,384
Sep 200074231.875.19$3,848
Aug 20001,43629.644.54$6,521
Jul 20001,55028.534.09$6,339
Jun 200020429.304.40$897
May 200044527.263.68$1,637
Apr 20007724.513.12$240
Mar 200043328.422.86$1,238
Feb 20001,06227.622.73$2,896
Jan 20001,21425.272.48$3,011
Dec 199958224.282.42$1,411
Nov 19991,10123.192.43$2,680
Oct 19991,13820.982.80$3,191
Sep 19991,64821.752.62$4,316
Aug 19991,70819.262.88$4,912
Jul 19991,72517.892.37$4,092
Jun 19991,84615.942.36$4,360
May 19991,64415.792.32$3,816
Apr 19991,62315.102.21$3,584
Mar 19992,13212.471.84$3,919
Feb 19991,6899.981.82$3,070
Jan 19991,51810.381.90$2,884
Dec 19981,8389.201.77$3,259
Nov 19981,74110.892.19$3,805
Oct 19981,58812.421.97$3,127
Sep 19981,25112.592.08$2,605
Aug 19982,54311.301.91$4,850
Jul 19981,54911.742.24$3,466
Jun 19981,52711.242.24$3,416
May 19981,98612.622.21$4,382
Apr 19982,18713.042.51$5,479
Mar 19982,31512.802.31$5,346
Feb 19982,15313.952.30$4,950
Jan 19981,44814.702.15$3,120
Dec 19972,94916.322.41$7,110
Nov 19972,81218.193.09$8,684
Oct 19972,99219.253.15$9,424
Sep 19972,97717.742.95$8,797
Aug 19973,18617.862.55$8,139
Jul 19973,05317.582.25$6,860
Jun 19973,15017.242.26$7,110
May 19971,86118.972.31$4,296
Apr 19972,25917.882.08$4,705
Mar 19972,81818.951.94$5,465
Feb 19972,33020.492.21$5,140
Jan 19972,77223.483.54$9,812
Dec 19962,96023.32$0
Nov 19962,79221.97$0
Oct 19963,33923.31$0
Sep 19963,02222.22$0
Aug 19963,37820.26$0
Jul 19963,31519.55$0
Jun 19963,03218.73$0
May 19963,36519.43$0
Apr 19962,91521.51$0
Mar 19963,28219.38$0
Feb 19962,88816.98$0
Jan 19963,36417.07$0
Dec 19953,01717.19$0
Nov 19953,44016.00$0
Oct 19953,70715.43$0
Sep 19953,49116.18$0
Aug 19954,03215.92$0
Jul 19953,43115.24$0
Jun 19953,58516.41$0
May 19953,62117.56$0
Apr 19953,85817.73$0
Mar 19953,26916.44$0
Feb 19953,39016.58$0
Jan 19953,20115.92$0
Dec 19943,63315.03$0
Nov 19943,89215.90$0
Oct 19943,64115.58$0
Sep 19944,05315.29$0
Aug 19944,44416.13$0
Jul 19944,23417.56$0
Jun 19943,58717.09$0
May 19943,54515.88$0
Apr 19944,37114.14$0
Mar 19944,38012.46$0
Feb 19944,00612.50$0
Jan 19944,94612.66$0
Dec 19933,66712.33$0
Nov 19934,21014.49$0
Oct 19935,56515.85$0
Sep 19934,78715.03$0
Aug 19935,04715.66$0
Jul 19936,32515.46$0
Jun 19934,63516.79$0
May 19935,18917.68$0
Apr 19935,58418.05$0
Mar 19935,49618.14$0
Feb 19933,95017.90$0
Jan 19934,92416.93$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                  220 Mcf  × $  2.87 =       $631

────────────────────────────────────────────────────
Month total                                     $631

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/50742 is the state's own key, not one this site invented.