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 56247District 10Field 68831200Hydrogen sulphide fieldNGPA filingGasSaveExport
Value, all time
$202 k
Jan 1993 – May 2026
Value, last 12 filed months
$3 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.

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
NGPA2none

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
GasProduction61,968 Mcf$202,128
Total$202,128

15,256 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 35.5478, -101.7911. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.54775, -101.79111 · 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
1,610 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 1,610 ft.

Completions filed
Jul 1973
1 of 1 wells

1 well

42-3753013768R1,610 ftJul 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 20265798.932.87$164
Mar 20266089.753.15$189
Feb 20265563.503.75$206
Jan 20266059.138.00$480
Dec 20256256.664.41$274
Nov 20256158.593.93$240
Oct 20257059.383.30$231
Sep 20257062.743.08$215
Aug 20256863.933.01$205
Jul 20257766.743.32$255
Jun 20257766.483.13$241
May 20257760.553.23$249
Apr 20257262.363.54$255
Mar 20256367.704.27$269
Feb 20255570.884.34$239
Jan 20257474.324.28$317
Dec 20247568.993.12$234
Nov 20247369.052.20$160
Oct 20247771.372.28$176
Sep 20247669.612.36$180
Aug 20248075.632.06$165
Jul 20248479.932.15$180
Jun 20247978.082.63$208
May 20248178.812.20$178
Apr 20247684.451.66$126
Mar 20247580.301.55$116
Feb 20247176.091.78$127
Jan 20247473.023.30$244
Dec 20237771.262.61$201
Nov 20237577.892.81$211
Oct 20238085.443.09$247
Sep 20238089.042.74$219
Aug 20238580.522.67$227
Jul 2023974.852.64$24
Jun 20238968.962.26$201
May 20238970.622.23$198
Apr 20238578.122.24$190
Mar 20238772.852.39$208
Feb 20237875.112.47$192
Jan 20238776.533.39$295
Dec 20228776.415.73$498
Nov 20228585.005.65$480
Oct 20229187.185.86$534
Sep 20229084.888.16$735
Aug 20229494.529.13$858
Jul 202294101.587.54$709
Jun 202284115.097.98$670
May 202296109.378.43$810
Apr 202291104.226.84$622
Mar 202294108.885.08$477
Feb 20228591.054.86$413
Jan 20228881.844.54$399
Dec 20219471.323.90$367
Nov 20219177.435.24$477
Oct 20219679.795.71$549
Sep 20219469.865.35$503
Aug 20219866.024.22$414
Jul 20219870.783.98$390
Jun 20219669.493.38$325
May 20219963.483.02$299
Apr 20215560.362.76$152
Mar 20219861.302.72$266
Feb 20214957.805.55$272
Jan 20219850.412.81$275
Dec 20209844.642.68$262
Nov 20209638.772.71$260
Oct 20209136.972.48$226
Sep 20209737.091.99$193
Aug 202010339.982.39$246
Jul 202010338.371.83$188
Jun 202010034.901.69$169
May 202010316.921.81$187
Apr 20209914.751.80$179
Mar 202010330.341.86$191
Feb 20207949.881.98$156
Jan 202010757.252.09$224
Dec 201910759.012.30$247
Nov 201910555.302.75$289
Oct 201910253.472.42$247
Sep 20192555.052.66$66
Aug 20191853.112.30$41
Jul 20195256.272.46$128
Jun 2019052.782.49$0
May 2019058.482.74$0
Apr 2019062.632.75$0
Mar 20191756.803.06$52
Feb 20199650.852.79$268
Jan 20192246.033.23$71
Dec 2018046.594.19$0
Nov 2018052.934.24$0
Oct 201810461.443.40$353
Sep 201810559.543.11$326
Aug 201811359.403.07$347
Jul 201811365.142.93$331
Jun 2018060.183.08$0
May 2018965.382.90$26
Apr 20184163.842.90$119
Mar 2018061.222.79$0
Feb 20182861.782.77$77
Jan 20183562.874.01$140
Dec 20179157.272.92$266
Nov 201710555.423.12$327
Oct 20175249.292.98$155
Sep 20175547.523.09$170
Aug 20175445.373.00$162
Jul 20175243.873.09$161
Jun 20179642.493.09$296
May 201710445.373.26$339
Apr 201710347.933.21$331
Mar 201710346.772.98$307
Feb 20179350.452.95$275
Jan 201711049.413.42$376
Dec 20169748.763.72$361
Nov 201610442.492.64$275
Oct 20164746.193.09$145
Sep 2016041.553.10$0
Aug 20169541.442.92$278
Jul 201610041.622.92$292
Jun 20169845.352.69$263
May 201610742.521.99$213
Apr 201610436.561.99$207
Mar 201610933.011.79$196
Feb 20169426.472.06$194
Jan 201610927.352.36$258
Dec 201510932.362.00$218
Nov 201510738.792.17$232
Oct 201511143.552.43$269
Sep 201510842.992.76$298
Aug 201511040.162.87$316
Jul 201511448.152.95$336
Jun 201511356.152.88$326
May 20155755.212.96$168
Apr 201511349.822.71$306
Mar 201511542.892.93$337
Feb 201510044.662.98$298
Jan 201511843.433.10$366
Dec 201411754.693.59$420
Nov 20149870.464.25$417
Oct 201411378.303.90$441
Sep 20145186.164.05$206
Aug 20148189.394.04$327
Jul 201411596.564.18$481
Jun 201410698.164.74$502
May 201411294.734.73$529
Apr 201411295.944.81$539
Mar 201411695.895.06$587
Feb 20149797.406.19$601
Jan 201411790.404.86$569
Dec 201311891.824.35$514
Nov 201311388.853.74$422
Oct 20139797.423.78$367
Sep 201374104.113.72$275
Aug 2013116104.253.52$409
Jul 2013117102.523.72$435
Jun 201311594.403.93$452
May 20137794.834.15$319
Apr 201311393.964.28$484
Mar 201311793.623.91$458
Feb 201310791.233.42$366
Jan 201311791.603.42$400
Dec 201211986.773.42$407
Nov 201211786.953.62$424
Oct 201212189.383.40$411
Sep 201211894.672.92$344
Aug 201212392.662.91$358
Jul 201212485.133.02$375
Jun 201211579.822.52$290
May 201211391.612.49$281
Apr 2012119101.652.00$238
Mar 2012122105.052.22$271
Feb 2012117101.102.57$301
Jan 201212298.092.73$334
Dec 201112196.873.24$392
Nov 201111895.723.31$391
Oct 201112284.983.65$445
Sep 201112383.623.99$490
Aug 201112783.404.15$527
Jul 201111794.144.52$529
Jun 201112592.904.64$580
May 201112798.134.40$559
Apr 2011127105.964.33$550
Mar 201112996.364.06$523
Feb 201112185.644.18$506
Jan 201113086.504.59$597
Dec 201012885.734.35$557
Nov 201012780.843.80$482
Oct 201013378.103.51$467
Sep 201013172.633.98$521
Aug 201013773.684.42$605
Jul 201013872.554.74$654
Jun 201012770.364.91$624
May 201012371.124.24$521
Apr 201013381.694.12$548
Mar 201013678.394.39$597
Feb 201012673.585.44$686
Jan 201014074.365.96$835
Dec 200914071.445.48$768
Nov 200913774.593.75$514
Oct 200914272.544.11$584
Sep 200913765.543.06$420
Aug 200914367.423.22$460
Jul 200914861.133.46$513
Jun 200914666.163.90$569
May 200914854.743.93$581
Apr 200914846.773.59$531
Mar 200914642.144.06$593
Feb 200913232.814.63$612
Jan 200914935.865.37$800
Dec 200815037.105.98$897
Nov 200814655.496.86$1,002
Oct 200815175.246.92$1,045
Sep 2008151101.767.88$1,189
Aug 2008156114.228.48$1,323
Jul 2008160131.0811.39$1,822
Jun 2008153131.3313.03$1,994
May 2008147123.1711.57$1,701
Apr 2008146110.3110.45$1,526
Mar 2008156101.909.66$1,508
Feb 200814492.538.77$1,263
Jan 200816490.388.21$1,346
Dec 200716288.337.30$1,183
Nov 200715691.677.29$1,138
Oct 200715882.856.92$1,094
Sep 200714875.846.24$924
Aug 200715969.066.39$1,016
Jul 200717270.906.39$1,099
Jun 200716762.007.55$1,261
May 200716258.747.85$1,271
Apr 200716659.617.81$1,296
Mar 200716956.927.30$1,234
Feb 200715255.108.22$1,249
Jan 200719650.306.73$1,318
Dec 200616756.656.92$1,155
Nov 200617654.207.62$1,341
Oct 200618754.906.01$1,125
Sep 200614360.085.04$720
Aug 200616468.717.34$1,204
Jul 200618269.376.34$1,154
Jun 200617966.286.38$1,143
May 200616866.016.42$1,079
Apr 200617164.397.36$1,259
Mar 200618456.707.08$1,303
Feb 200619457.597.75$1,504
Jan 200620560.598.93$1,831
Dec 20052254.9413.42$295
Nov 2005354.6910.59$32
Oct 200518558.3413.80$2,552
Sep 200518561.4512.08$2,235
Aug 200519461.519.80$1,901
Jul 200511655.697.84$910
Jun 2005052.337.38$0
May 20058045.226.65$532
Apr 200516449.207.36$1,207
Mar 200516450.377.15$1,173
Feb 200515245.226.31$959
Jan 200517743.166.32$1,119
Dec 200418139.866.75$1,222
Nov 200417745.286.33$1,120
Oct 200418649.706.52$1,212
Sep 200418243.245.28$962
Aug 200419742.375.55$1,093
Jul 200419638.286.08$1,193
Jun 200418736.106.43$1,203
May 200417537.486.49$1,137
Apr 200417434.475.86$1,019
Mar 200417934.365.53$990
Feb 200418932.455.51$1,041
Jan 200419632.036.30$1,235
Dec 200319230.266.30$1,210
Nov 200318728.804.60$859
Oct 200319228.174.76$914
Sep 200317926.314.75$850
Aug 200320029.765.13$1,026
Jul 200321429.415.17$1,107
Jun 200320928.565.98$1,250
May 200318626.595.97$1,111
Apr 200313026.675.41$703
Mar 200317631.146.10$1,073
Feb 200320233.487.93$1,601
Jan 200319530.315.58$1,089
Dec 200222726.914.85$1,102
Nov 200221224.664.14$877
Oct 200221726.464.23$918
Sep 200220427.443.64$742
Aug 200221525.963.16$680
Jul 200222724.583.06$695
Jun 200220223.733.34$674
May 200217724.663.58$634
Apr 200216423.653.51$576
Mar 200218822.003.10$583
Feb 200219618.222.38$466
Jan 200219817.172.38$470
Dec 200120216.932.36$478
Nov 200120618.072.41$496
Oct 200120419.782.53$516
Sep 200124024.262.25$540
Aug 200119724.873.05$601
Jul 200114923.933.20$476
Jun 200122124.563.82$845
May 200127025.524.31$1,163
Apr 200125024.685.34$1,334
Mar 200121824.545.38$1,172
Feb 200115527.755.77$894
Jan 200114427.478.40$1,209
Dec 200017326.889.12$1,578
Nov 200015632.215.66$883
Oct 200023931.235.15$1,230
Sep 200021431.875.19$1,110
Aug 200024829.644.54$1,126
Jul 200022128.534.09$904
Jun 200019129.304.40$840
May 200023627.263.68$868
Apr 200016224.513.12$505
Mar 200023528.422.86$672
Feb 200020627.622.73$562
Jan 200023025.272.48$571
Dec 199921624.282.42$524
Nov 199924823.192.43$604
Oct 199924320.982.80$681
Sep 199927221.752.62$712
Aug 199912819.262.88$368
Jul 1999017.892.37$0
Jun 19997415.942.36$175
May 199926215.792.32$608
Apr 199919615.102.21$433
Mar 199929212.471.84$537
Feb 19992669.981.82$484
Jan 199926910.381.90$511
Dec 19982839.201.77$502
Nov 199812710.892.19$278
Oct 199825512.421.97$502
Sep 199826412.592.08$550
Aug 199823611.301.91$450
Jul 199826911.742.24$602
Jun 199824711.242.24$553
May 199819312.622.21$426
Apr 199823713.042.51$594
Mar 199820012.802.31$462
Feb 199828113.952.30$646
Jan 199828814.702.15$621
Dec 199729416.322.41$709
Nov 199719018.193.09$587
Oct 199724519.253.15$772
Sep 199726817.742.95$792
Aug 199728117.862.55$718
Jul 199729717.582.25$667
Jun 199730817.242.26$695
May 199726918.972.31$621
Apr 199727417.882.08$571
Mar 199712518.951.94$242
Feb 1997020.492.21$0
Jan 199718623.483.54$658
Dec 199628123.32$0
Nov 199623821.97$0
Oct 199629923.31$0
Sep 199628222.22$0
Aug 199624320.26$0
Jul 199627919.55$0
Jun 199626418.73$0
May 199629919.43$0
Apr 199632421.51$0
Mar 199630919.38$0
Feb 199623616.98$0
Jan 199628217.07$0
Dec 199531817.19$0
Nov 199532116.00$0
Oct 199532315.43$0
Sep 199522516.18$0
Aug 199527915.92$0
Jul 199518115.24$0
Jun 199534816.41$0
May 199527917.56$0
Apr 199534217.73$0
Mar 199523116.44$0
Feb 199526916.58$0
Jan 199532815.92$0
Dec 199431515.03$0
Nov 199432915.90$0
Oct 199434915.58$0
Sep 199435015.29$0
Aug 199437516.13$0
Jul 199435817.56$0
Jun 199430217.09$0
May 199430815.88$0
Apr 199431214.14$0
Mar 199427912.46$0
Feb 199425412.50$0
Jan 199433212.66$0
Dec 199333112.33$0
Nov 199335614.49$0
Oct 199337715.85$0
Sep 199336215.03$0
Aug 199339015.66$0
Jul 199343715.46$0
Jun 199340616.79$0
May 199338017.68$0
Apr 199340118.05$0
Mar 199339018.14$0
Feb 199339117.90$0
Jan 199339216.93$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                   57 Mcf  × $  2.87 =       $164

────────────────────────────────────────────────────
Month total                                     $164

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/56247 is the state's own key, not one this site invented.