MASTERSON

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

Gas lease lease 54936District 10Field 71737540NGPA filingCondensateGasSaveExport
Value, all time
$253 k
Jan 1993 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
401
no gaps in the span
Streams
2
condensate, 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 5 leases and 5 wells, and the rule below applies to all of them.

Discovered
1973-03-07
as the register files it
Field class
Gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

The Commission's schedule remark for this field reads: EXEMPT FIELD EFF 4/11.

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
CondensateDisposition71 bbl$1,175
GasProduction80,097 Mcf$252,115
Total$253,290

18,015 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 35.4712, -101.8937. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.47121, -101.89371 · 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
7,500 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 7,500 ft.

Completions filed
Feb 1973
1 of 1 wells

1 well

42-37530015A 35R7,500 ftFeb 1973

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 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 2022069104.226.84$472
Mar 2022099108.885.08$503
Feb 202209091.054.86$437
Jan 202209481.844.54$427
Dec 202108471.323.90$328
Nov 202105977.435.24$309
Oct 202106679.795.71$377
Sep 202103969.865.35$209
Aug 202108866.024.22$371
Jul 202108770.783.98$346
Jun 202102369.493.38$78
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210357.805.55$17
Jan 20210550.412.81$14
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 202001138.371.83$20
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200949.881.98$18
Jan 202002557.252.09$52
Dec 201905859.012.30$134
Nov 201905555.302.75$151
Oct 201902353.472.42$56
Sep 20190055.052.66$0
Aug 20190653.112.30$14
Jul 201901056.272.46$25
Jun 201904252.782.49$105
May 201906758.482.74$184
Apr 201908162.632.75$223
Mar 201909156.803.06$279
Feb 2019010050.852.79$279
Jan 2019011146.033.23$358
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 2018011261.443.40$381
Sep 2018010959.543.11$339
Aug 2018011759.403.07$359
Jul 2018011965.142.93$349
Jun 2018011960.183.08$366
May 2018012865.382.90$371
Apr 2018013763.842.90$397
Mar 2018010861.222.79$301
Feb 2018011661.782.77$321
Jan 2018012962.874.01$517
Dec 2017013657.272.92$397
Nov 2017013255.423.12$412
Oct 201708549.292.98$254
Sep 201706547.523.09$201
Aug 2017012745.373.00$382
Jul 2017012243.873.09$377
Jun 2017013442.493.09$414
May 2017014645.373.26$476
Apr 2017014047.933.21$450
Mar 2017014546.772.98$433
Feb 2017012850.452.95$378
Jan 2017015549.413.42$530
Dec 2016015948.763.72$592
Nov 2016015742.492.64$415
Oct 2016016546.193.09$510
Sep 2016016541.553.10$512
Aug 2016017241.442.92$503
Jul 2016023941.622.92$699
Jun 2016027945.352.69$749
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 2016012733.011.79$228
Feb 2016016026.472.06$330
Jan 2016018527.352.36$437
Dec 2015018032.362.00$360
Nov 2015017638.792.17$381
Oct 2015018043.552.43$437
Sep 2015018242.992.76$502
Aug 2015019740.162.87$566
Jul 2015022248.152.95$654
Jun 2015029556.152.88$850
May 201507455.212.96$219
Apr 2015020049.822.71$541
Mar 2015019642.892.93$575
Feb 2015020144.662.98$598
Jan 2015022043.433.10$682
Dec 2014023654.693.59$848
Nov 2014022570.464.25$957
Oct 2014028078.303.90$1,092
Sep 2014018686.164.05$752
Aug 2014012789.394.04$512
Jul 2014022096.564.18$920
Jun 2014021898.164.74$1,033
May 2014023294.734.73$1,097
Apr 2014022295.944.81$1,068
Mar 2014023295.895.06$1,173
Feb 2014020597.406.19$1,269
Jan 2014021290.404.86$1,030
Dec 2013020891.824.35$906
Nov 2013023888.853.74$890
Oct 2013020097.423.78$756
Sep 20130258104.113.72$959
Aug 20130280104.253.52$986
Jul 20130304102.523.72$1,130
Jun 2013035794.403.93$1,404
May 2013045594.834.15$1,888
Apr 2013031193.964.28$1,332
Mar 2013034493.623.91$1,346
Feb 2013036091.233.42$1,231
Jan 2013037191.603.42$1,269
Dec 2012036286.773.42$1,238
Nov 2012027686.953.62$1,000
Oct 2012030989.383.40$1,051
Sep 2012026894.672.92$782
Aug 2012029092.662.91$843
Jul 2012041385.133.02$1,248
Jun 2012040779.822.52$1,025
May 2012043291.612.49$1,075
Apr 20120418101.652.00$835
Mar 20120439105.052.22$975
Feb 20120350101.102.57$900
Jan 2012037698.092.73$1,028
Dec 2011038496.873.24$1,244
Nov 2011039595.723.31$1,308
Oct 2011041484.983.65$1,511
Sep 2011041583.623.99$1,654
Aug 2011044283.404.15$1,834
Jul 2011054494.144.52$2,457
Jun 2011051992.904.64$2,408
May 2011046298.134.40$2,035
Apr 20110451105.964.33$1,954
Mar 2011045796.364.06$1,854
Feb 2011040185.644.18$1,676
Jan 2011041586.504.59$1,904
Dec 2010034285.734.35$1,487
Nov 2010047280.843.80$1,791
Oct 2010062778.103.51$2,200
Sep 2010052972.633.98$2,105
Aug 2010044373.684.42$1,958
Jul 2010051672.554.74$2,444
Jun 2010056970.364.91$2,794
May 2010056671.124.24$2,397
Apr 2010059381.694.12$2,445
Mar 2010040378.394.39$1,769
Feb 2010042573.585.44$2,313
Jan 2010058374.365.96$3,477
Dec 2009058771.445.48$3,219
Nov 2009063074.593.75$2,363
Oct 2009066772.544.11$2,742
Sep 2009063265.543.06$1,937
Aug 2009070167.423.22$2,256
Jul 2009078161.133.46$2,706
Jun 2009079266.163.90$3,085
May 2009088254.743.93$3,463
Apr 200901,06746.773.59$3,828
Mar 200901,43942.144.06$5,841
Feb 200901,59632.814.63$7,394
Jan 2009011635.865.37$623
Dec 2008010337.105.98$616
Nov 2008013755.496.86$940
Oct 2008011875.246.92$817
Sep 20080103101.767.88$811
Aug 2008057114.228.48$484
Jul 2008063131.0811.39$718
Jun 2008064131.3313.03$834
May 20080137123.1711.57$1,586
Apr 20080159110.3110.45$1,662
Mar 20080173101.909.66$1,672
Feb 2008018392.538.77$1,605
Jan 2008022190.388.21$1,813
Dec 2007027588.337.30$2,008
Nov 2007046991.677.29$3,420
Oct 2007056782.856.92$3,925
Sep 2007012375.846.24$768
Aug 20070969.066.39$57
Jul 200703970.906.39$249
Jun 200707762.007.55$581
May 200705158.747.85$400
Apr 200708759.617.81$679
Mar 200705756.927.30$416
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 200601156.656.92$76
Nov 20060054.207.62$0
Oct 200608054.906.01$481
Sep 200607260.085.04$363
Aug 200605168.717.34$374
Jul 200604969.376.34$311
Jun 200604466.286.38$281
May 200606666.016.42$424
Apr 200608164.397.36$596
Mar 2006010556.707.08$744
Feb 200609757.597.75$752
Jan 2006011060.598.93$983
Dec 2005011954.9413.42$1,596
Nov 2005011454.6910.59$1,207
Oct 2005010958.3413.80$1,504
Sep 200509261.4512.08$1,111
Aug 2005018961.519.80$1,852
Jul 2005014455.697.84$1,129
Jun 20050052.337.38$0
May 200505445.226.65$359
Apr 200509549.207.36$699
Mar 2005010150.377.15$723
Feb 2005010245.226.31$644
Jan 2005011343.166.32$714
Dec 2004012239.866.75$824
Nov 2004011945.286.33$753
Oct 2004010049.706.52$652
Sep 200406643.245.28$349
Aug 200405242.375.55$289
Jul 200404538.286.08$274
Jun 200406336.106.43$405
May 200409637.486.49$623
Apr 2004010434.475.86$609
Mar 2004011834.365.53$653
Feb 2004011832.455.51$650
Jan 2004013232.036.30$832
Dec 2003013730.266.30$863
Nov 2003012328.804.60$565
Oct 200308328.174.76$395
Sep 200302026.314.75$95
Aug 200303929.765.13$200
Jul 200303029.415.17$155
Jun 200306628.565.98$395
May 200306026.595.97$358
Apr 2003010026.675.41$541
Mar 2003010231.146.10$622
Feb 200309733.487.93$769
Jan 2003012930.315.58$720
Dec 2002013626.914.85$660
Nov 2002016524.664.14$683
Oct 200201726.464.23$72
Sep 200207727.443.64$280
Aug 2002011225.963.16$354
Jul 200203224.583.06$98
Jun 2002018423.733.34$614
May 2002024624.663.58$882
Apr 2002016723.653.51$587
Mar 2002015622.003.10$484
Feb 2002014618.222.38$347
Jan 2002015917.172.38$378
Dec 2001020916.932.36$494
Nov 2001023818.072.41$573
Oct 2001023819.782.53$602
Sep 2001020124.262.25$453
Aug 2001021724.873.05$663
Jul 2001024923.933.20$796
Jun 2001023824.563.82$910
May 2001028525.524.31$1,228
Apr 2001021224.685.34$1,131
Mar 2001018224.545.38$979
Feb 2001015727.755.77$905
Jan 2001018027.478.40$1,512
Dec 2000010426.889.12$949
Nov 2000022332.215.66$1,262
Oct 2000029931.235.15$1,539
Sep 2000023231.875.19$1,203
Aug 2000029329.644.54$1,330
Jul 2000021028.534.09$859
Jun 2000012229.304.40$536
May 2000016027.263.68$589
Apr 2000013424.513.12$418
Mar 2000020028.422.86$572
Feb 2000016427.622.73$447
Jan 2000017025.272.48$422
Dec 1999017124.282.42$414
Nov 1999020823.192.43$506
Oct 1999018520.982.80$519
Sep 1999017121.752.62$448
Aug 1999023719.262.88$682
Jul 1999024517.892.37$581
Jun 1999029815.942.36$704
May 1999018315.792.32$425
Apr 1999017615.102.21$389
Mar 1999018712.471.84$344
Feb 199901739.981.82$314
Jan 1999018110.381.90$344
Dec 199801869.201.77$330
Nov 1998017910.892.19$391
Oct 1998020912.421.97$412
Sep 1998015812.592.08$329
Aug 1998018211.301.91$347
Jul 1998030311.742.24$678
Jun 1998019611.242.24$439
May 1998030412.622.21$671
Apr 1998025713.042.51$644
Mar 1998016612.802.31$383
Feb 1998020313.952.30$467
Jan 1998025514.702.15$549
Dec 1997028016.322.41$675
Nov 1997021718.193.09$670
Oct 1997024919.253.15$784
Sep 1997021317.742.95$629
Aug 1997022817.862.55$582
Jul 1997023817.582.25$535
Jun 1997024517.242.26$553
May 1997025018.972.31$577
Apr 1997022017.882.08$458
Mar 1997027818.951.94$539
Feb 1997023820.492.21$525
Jan 1997029523.483.54$1,044
Dec 1996027423.32$0
Nov 1996025321.97$0
Oct 1996030623.31$0
Sep 1996722522.22$156
Aug 1996029620.26$0
Jul 1996025619.55$0
Jun 1996032418.73$0
May 1996049919.43$0
Apr 1996049621.51$0
Mar 1996038919.38$0
Feb 1996041716.98$0
Jan 1996036717.07$0
Dec 1995045817.19$0
Nov 1995030116.00$0
Oct 1995038415.43$0
Sep 1995743416.18$113
Aug 1995050515.92$0
Jul 1995060915.24$0
Jun 1995060316.41$0
May 1995063217.56$0
Apr 1995052217.73$0
Mar 1995035816.44$0
Feb 1995044016.58$0
Jan 1995057615.92$0
Dec 1994074815.03$0
Nov 1994571,02515.90$906
Oct 1994023315.58$0
Sep 1994023915.29$0
Aug 1994023116.13$0
Jul 1994026117.56$0
Jun 1994026017.09$0
May 1994028315.88$0
Apr 1994037914.14$0
Mar 1994025612.46$0
Feb 1994022512.50$0
Jan 1994025212.66$0
Dec 1993026612.33$0
Nov 1993033614.49$0
Oct 1993038815.85$0
Sep 1993020215.03$0
Aug 1993031415.66$0
Jul 1993039115.46$0
Jun 1993038916.79$0
May 1993034817.68$0
Apr 1993029318.05$0
Mar 1993027618.14$0
Feb 1993023317.90$0
Jan 1993026316.93$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 2022 — as filed, then multipliedworked
Condensate             0 bbl  × $104.22 =         $0
Gas                   69 Mcf  × $  6.84 =       $472

────────────────────────────────────────────────────
Month total                                     $472

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/54936 is the state's own key, not one this site invented.