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 55865District 10Field 68831200Hydrogen sulphide fieldGasSaveExport
Value, all time
$1.0 M
Jan 1993 – May 2026
Value, last 12 filed months
$18 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
GasProduction462,985 Mcf$1,029,327
Total$1,029,327

209,852 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 35.5615, -101.9600. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.56147, -101.95998 · 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
2,230 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 2,230 ft.

Completions filed
Jun 1973
1 of 1 wells

1 well

42-3753012663 R2,230 ftJun 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 20260106.413.05$0
Apr 202640798.932.87$1,168
Mar 202644289.753.15$1,392
Feb 202642563.503.75$1,594
Jan 202645959.138.00$3,671
Dec 202544656.664.41$1,968
Nov 202543358.593.93$1,700
Oct 202543959.383.30$1,451
Sep 202543062.743.08$1,323
Aug 202544663.933.01$1,345
Jul 202539166.743.32$1,296
Jun 202529666.483.13$926
May 202541560.553.23$1,341
Apr 202543162.363.54$1,527
Mar 202541667.704.27$1,776
Feb 202535670.884.34$1,545
Jan 20254074.324.28$171
Dec 202447368.993.12$1,476
Nov 202447769.052.20$1,049
Oct 202439771.372.28$906
Sep 202440969.612.36$967
Aug 202442775.632.06$881
Jul 202445679.932.15$979
Jun 202445178.082.63$1,188
May 202446578.812.20$1,022
Apr 202446584.451.66$772
Mar 202447780.301.55$737
Feb 202443576.091.78$776
Jan 202448773.023.30$1,606
Dec 202349571.262.61$1,292
Nov 202348277.892.81$1,353
Oct 202346585.443.09$1,436
Sep 202344989.042.74$1,228
Aug 202345380.522.67$1,211
Jul 202328874.852.64$761
Jun 202346168.962.26$1,041
May 202350270.622.23$1,118
Apr 202349878.122.24$1,114
Mar 202354672.852.39$1,307
Feb 202343875.112.47$1,080
Jan 202352676.533.39$1,782
Dec 202252176.415.73$2,985
Nov 202250285.005.65$2,834
Oct 202252287.185.86$3,061
Sep 202250684.888.16$4,131
Aug 202252094.529.13$4,746
Jul 2022530101.587.54$3,997
Jun 2022514115.097.98$4,100
May 2022531109.378.43$4,478
Apr 2022528104.226.84$3,610
Mar 2022551108.885.08$2,797
Feb 202247291.054.86$2,293
Jan 202250081.844.54$2,269
Dec 202154571.323.90$2,125
Nov 202152577.435.24$2,749
Oct 202153979.795.71$3,080
Sep 202152869.865.35$2,825
Aug 202156966.024.22$2,402
Jul 202152770.783.98$2,099
Jun 202152269.493.38$1,765
May 202158463.483.02$1,762
Apr 202136960.362.76$1,018
Mar 202162461.302.72$1,695
Feb 202128057.805.55$1,553
Jan 202154650.412.81$1,534
Dec 202056544.642.68$1,512
Nov 202043838.772.71$1,185
Oct 202050636.972.48$1,254
Sep 202054737.091.99$1,089
Aug 202045639.982.39$1,088
Jul 202058438.371.83$1,066
Jun 202055934.901.69$945
May 202056416.921.81$1,024
Apr 202053214.751.80$960
Mar 202054530.341.86$1,012
Feb 202052449.881.98$1,038
Jan 202057657.252.09$1,207
Dec 201956059.012.30$1,290
Nov 201949855.302.75$1,370
Oct 201952253.472.42$1,262
Sep 201948955.052.66$1,299
Aug 201952653.112.30$1,212
Jul 201951956.272.46$1,277
Jun 201953352.782.49$1,328
May 201956858.482.74$1,557
Apr 201957062.632.75$1,568
Mar 201956056.803.06$1,715
Feb 201953050.852.79$1,480
Jan 201960746.033.23$1,960
Dec 2018046.594.19$0
Nov 2018052.934.24$0
Oct 201858461.443.40$1,984
Sep 201857759.543.11$1,793
Aug 201857659.403.07$1,766
Jul 201856665.142.93$1,659
Jun 201857160.183.08$1,757
May 201860165.382.90$1,743
Apr 201866463.842.90$1,926
Mar 201818261.222.79$507
Feb 201852961.782.77$1,463
Jan 201860462.874.01$2,422
Dec 201765257.272.92$1,905
Nov 201765155.423.12$2,030
Oct 201742949.292.98$1,280
Sep 201728747.523.09$886
Aug 201757045.373.00$1,713
Jul 201743843.873.09$1,352
Jun 201760342.493.09$1,862
May 201762945.373.26$2,053
Apr 201760347.933.21$1,937
Mar 201761246.772.98$1,826
Feb 201756950.452.95$1,680
Jan 201762449.413.42$2,133
Dec 201663848.763.72$2,375
Nov 201664742.492.64$1,711
Oct 201660446.193.09$1,867
Sep 201659741.553.10$1,851
Aug 201658141.442.92$1,699
Jul 201667141.622.92$1,962
Jun 201666545.352.69$1,786
May 201671642.521.99$1,426
Apr 201669336.561.99$1,380
Mar 201672533.011.79$1,301
Feb 201668926.472.06$1,422
Jan 201674427.352.36$1,759
Dec 201573132.362.00$1,463
Nov 201567938.792.17$1,472
Oct 201572143.552.43$1,750
Sep 201568242.992.76$1,881
Aug 201569740.162.87$2,002
Jul 201573048.152.95$2,150
Jun 201572056.152.88$2,076
May 201527155.212.96$801
Apr 201572249.822.71$1,954
Mar 201577942.892.93$2,286
Feb 201572244.662.98$2,149
Jan 201577643.433.10$2,406
Dec 201477854.693.59$2,794
Nov 201473670.464.25$3,129
Oct 201478978.303.90$3,078
Sep 201472186.164.05$2,917
Aug 201460289.394.04$2,429
Jul 201474396.564.18$3,105
Jun 201475098.164.74$3,553
May 201479894.734.73$3,772
Apr 201475695.944.81$3,636
Mar 201479095.895.06$3,995
Feb 201470197.406.19$4,341
Jan 201480290.404.86$3,898
Dec 201375791.824.35$3,296
Nov 201379088.853.74$2,953
Oct 201379597.423.78$3,005
Sep 2013803104.113.72$2,985
Aug 2013862104.253.52$3,036
Jul 2013848102.523.72$3,153
Jun 201384694.403.93$3,328
May 201380894.834.15$3,352
Apr 201384993.964.28$3,636
Mar 201387593.623.91$3,424
Feb 201380191.233.42$2,739
Jan 201388491.603.42$3,023
Dec 201285486.773.42$2,921
Nov 201286186.953.62$3,121
Oct 201288389.383.40$3,002
Sep 201287294.672.92$2,545
Aug 201289192.662.91$2,591
Jul 201289185.133.02$2,692
Jun 201287979.822.52$2,214
May 201287091.612.49$2,165
Apr 2012867101.652.00$1,731
Mar 2012906105.052.22$2,013
Feb 2012852101.102.57$2,190
Jan 201294998.092.73$2,595
Dec 201194796.873.24$3,068
Nov 201193295.723.31$3,086
Oct 201197784.983.65$3,565
Sep 201195183.623.99$3,791
Aug 201197983.404.15$4,062
Jul 201198194.144.52$4,431
Jun 201197392.904.64$4,515
May 20111,01898.134.40$4,484
Apr 20111,003105.964.33$4,346
Mar 20111,05196.364.06$4,264
Feb 201197385.644.18$4,067
Jan 20111,06186.504.59$4,869
Dec 20101,06185.734.35$4,613
Nov 20101,04180.843.80$3,951
Oct 20101,10678.103.51$3,881
Sep 20101,07072.633.98$4,258
Aug 20101,12073.684.42$4,950
Jul 20101,10672.554.74$5,239
Jun 20101,10970.364.91$5,446
May 20101,06171.124.24$4,494
Apr 20101,11681.694.12$4,601
Mar 20101,15478.394.39$5,065
Feb 20101,03073.585.44$5,606
Jan 20101,03474.365.96$6,167
Dec 20091,17771.445.48$6,454
Nov 20091,17174.593.75$4,393
Oct 20091,21872.544.11$5,006
Sep 20091,20465.543.06$3,690
Aug 20091,23167.423.22$3,962
Jul 20091,25061.133.46$4,331
Jun 20091,14866.163.90$4,471
May 20091,24754.743.93$4,895
Apr 20091,21546.773.59$4,359
Mar 20091,30342.144.06$5,289
Feb 20091,16132.814.63$5,379
Jan 20091,30635.865.37$7,015
Dec 20081,33037.105.98$7,950
Nov 20081,30855.496.86$8,973
Oct 20081,37275.246.92$9,497
Sep 20081,353101.767.88$10,658
Aug 20081,403114.228.48$11,902
Jul 20081,419131.0811.39$16,162
Jun 20081,394131.3313.03$18,167
May 20081,440123.1711.57$16,667
Apr 20081,451110.3110.45$15,170
Mar 20081,508101.909.66$14,573
Feb 20081,42292.538.77$12,472
Jan 20081,54690.388.21$12,686
Dec 20071,58088.337.30$11,537
Nov 20071,56991.677.29$11,441
Oct 20071,64682.856.92$11,394
Sep 20071,70175.846.24$10,621
Aug 20071,78569.066.39$11,402
Jul 20071,78170.906.39$11,377
Jun 20071,69362.007.55$12,780
May 20071,83458.747.85$14,390
Apr 20071,77959.617.81$13,885
Mar 20071,98156.927.30$14,465
Feb 20071,87755.108.22$15,421
Jan 20072,28950.306.73$15,398
Dec 20062,15156.656.92$14,882
Nov 20062,32054.207.62$17,673
Oct 20062,84154.906.01$17,085
Sep 20061,69960.085.04$8,558
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 199821612.421.97$425
Sep 19982,84612.592.08$5,927
Aug 19982,96311.301.91$5,651
Jul 19982,96611.742.24$6,636
Jun 19982,78711.242.24$6,235
May 19983,05012.622.21$6,729
Apr 19983,05813.042.51$7,661
Mar 19983,06212.802.31$7,072
Feb 19982,81613.952.30$6,474
Jan 19983,08214.702.15$6,641
Dec 19973,12216.322.41$7,527
Nov 19973,01018.193.09$9,296
Oct 19973,25419.253.15$10,250
Sep 19973,23417.742.95$9,556
Aug 19973,41617.862.55$8,727
Jul 19973,33917.582.25$7,503
Jun 19973,14117.242.26$7,090
May 19973,29018.972.31$7,595
Apr 19973,26117.882.08$6,792
Mar 19973,51018.951.94$6,806
Feb 19973,12920.492.21$6,902
Jan 19973,31723.483.54$11,741
Dec 19963,55623.32$0
Nov 19963,28521.97$0
Oct 19963,53723.31$0
Sep 19964,36822.22$0
Aug 19963,64420.26$0
Jul 19963,67519.55$0
Jun 19963,50018.73$0
May 19963,85719.43$0
Apr 19963,76821.51$0
Mar 19963,87019.38$0
Feb 19963,66716.98$0
Jan 19963,82417.07$0
Dec 19953,98517.19$0
Nov 19953,69716.00$0
Oct 19954,15015.43$0
Sep 19953,94716.18$0
Aug 19953,80615.92$0
Jul 19954,20215.24$0
Jun 19953,65016.41$0
May 19954,06317.56$0
Apr 19954,14217.73$0
Mar 19954,29516.44$0
Feb 19953,74916.58$0
Jan 19954,27615.92$0
Dec 19944,33715.03$0
Nov 19944,26715.90$0
Oct 19944,52015.58$0
Sep 19944,50915.29$0
Aug 19944,58416.13$0
Jul 19944,73717.56$0
Jun 19944,70317.09$0
May 19944,33615.88$0
Apr 19944,51814.14$0
Mar 19944,78212.46$0
Feb 19944,38812.50$0
Jan 19944,90512.66$0
Dec 19934,93312.33$0
Nov 19934,76414.49$0
Oct 19935,14715.85$0
Sep 19935,13815.03$0
Aug 19935,33515.66$0
Jul 19935,46315.46$0
Jun 19935,41516.79$0
May 19935,04517.68$0
Apr 19935,38518.05$0
Mar 19935,58218.14$0
Feb 19934,95517.90$0
Jan 19935,59116.93$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                  407 Mcf  × $  2.87 =     $1,168

────────────────────────────────────────────────────
Month total                                   $1,168

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/55865 is the state's own key, not one this site invented.