MASTERSON

Name: MASTERSON lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

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 56248District 10Field 68831200Hydrogen sulphide fieldNGPA filingGasSave Export

Value, all time

$248 k

Jan 1993 – May 2026

Value, last 12 filed months

$4 k

at the published price for each month

Months reported

401

no gaps in the span

Streams

gas

The PANHANDLE, WEST (RED CAVE) field

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.

Programme	Filings	With an approval date	Dated	Docket
NGPA	1	none	—	—

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.

Stream	Basis	Volume	Value
Gas	Production	73,946 Mcf	$248,326
Total			$248,326

16,764 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 35.5083, -101.8433. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.50826, -101.84333 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

2,180 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 2,180 ft.

Completions filed

Aug 1973

1 of 1 wells

1 well


42-37530133	73R	2,180 ft	Aug 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 2026	0	106.41	3.05	$0
Apr 2026	89	98.93	2.87	$255
Mar 2026	90	89.75	3.15	$283
Feb 2026	83	63.50	3.75	$311
Jan 2026	90	59.13	8.00	$720
Dec 2025	91	56.66	4.41	$402
Nov 2025	88	58.59	3.93	$346
Oct 2025	91	59.38	3.30	$301
Sep 2025	89	62.74	3.08	$274
Aug 2025	95	63.93	3.01	$286
Jul 2025	95	66.74	3.32	$315
Jun 2025	91	66.48	3.13	$285
May 2025	93	60.55	3.23	$301
Apr 2025	89	62.36	3.54	$315
Mar 2025	97	67.70	4.27	$414
Feb 2025	69	70.88	4.34	$300
Jan 2025	95	74.32	4.28	$406
Dec 2024	96	68.99	3.12	$300
Nov 2024	95	69.05	2.20	$209
Oct 2024	98	71.37	2.28	$224
Sep 2024	96	69.61	2.36	$227
Aug 2024	101	75.63	2.06	$208
Jul 2024	103	79.93	2.15	$221
Jun 2024	100	78.08	2.63	$263
May 2024	101	78.81	2.20	$222
Apr 2024	97	84.45	1.66	$161
Mar 2024	101	80.30	1.55	$156
Feb 2024	91	76.09	1.78	$162
Jan 2024	96	73.02	3.30	$317
Dec 2023	99	71.26	2.61	$258
Nov 2023	97	77.89	2.81	$272
Oct 2023	103	85.44	3.09	$318
Sep 2023	99	89.04	2.74	$271
Aug 2023	102	80.52	2.67	$273
Jul 2023	16	74.85	2.64	$42
Jun 2023	99	68.96	2.26	$224
May 2023	102	70.62	2.23	$227
Apr 2023	85	78.12	2.24	$190
Mar 2023	102	72.85	2.39	$244
Feb 2023	92	75.11	2.47	$227
Jan 2023	101	76.53	3.39	$342
Dec 2022	103	76.41	5.73	$590
Nov 2022	99	85.00	5.65	$559
Oct 2022	104	87.18	5.86	$610
Sep 2022	101	84.88	8.16	$825
Aug 2022	105	94.52	9.13	$958
Jul 2022	106	101.58	7.54	$799
Jun 2022	102	115.09	7.98	$814
May 2022	105	109.37	8.43	$885
Apr 2022	99	104.22	6.84	$677
Mar 2022	101	108.88	5.08	$513
Feb 2022	91	91.05	4.86	$442
Jan 2022	102	81.84	4.54	$463
Dec 2021	102	71.32	3.90	$398
Nov 2021	100	77.43	5.24	$524
Oct 2021	105	79.79	5.71	$600
Sep 2021	103	69.86	5.35	$551
Aug 2021	108	66.02	4.22	$456
Jul 2021	113	70.78	3.98	$450
Jun 2021	111	69.49	3.38	$375
May 2021	116	63.48	3.02	$350
Apr 2021	112	60.36	2.76	$309
Mar 2021	124	61.30	2.72	$337
Feb 2021	62	57.80	5.55	$344
Jan 2021	110	50.41	2.81	$309
Dec 2020	111	44.64	2.68	$297
Nov 2020	109	38.77	2.71	$295
Oct 2020	113	36.97	2.48	$280
Sep 2020	112	37.09	1.99	$223
Aug 2020	116	39.98	2.39	$277
Jul 2020	116	38.37	1.83	$212
Jun 2020	113	34.90	1.69	$191
May 2020	116	16.92	1.81	$211
Apr 2020	110	14.75	1.80	$198
Mar 2020	122	30.34	1.86	$226
Feb 2020	114	49.88	1.98	$226
Jan 2020	124	57.25	2.09	$260
Dec 2019	127	59.01	2.30	$293
Nov 2019	127	55.30	2.75	$349
Oct 2019	138	53.47	2.42	$334
Sep 2019	142	55.05	2.66	$377
Aug 2019	175	53.11	2.30	$403
Jul 2019	75	56.27	2.46	$185
Jun 2019	0	52.78	2.49	$0
May 2019	0	58.48	2.74	$0
Apr 2019	0	62.63	2.75	$0
Mar 2019	39	56.80	3.06	$119
Feb 2019	107	50.85	2.79	$299
Jan 2019	118	46.03	3.23	$381
Dec 2018	0	46.59	4.19	$0
Nov 2018	0	52.93	4.24	$0
Oct 2018	119	61.44	3.40	$404
Sep 2018	118	59.54	3.11	$367
Aug 2018	124	59.40	3.07	$380
Jul 2018	128	65.14	2.93	$375
Jun 2018	141	60.18	3.08	$434
May 2018	78	65.38	2.90	$226
Apr 2018	144	63.84	2.90	$418
Mar 2018	35	61.22	2.79	$98
Feb 2018	105	61.78	2.77	$290
Jan 2018	117	62.87	4.01	$469
Dec 2017	117	57.27	2.92	$342
Nov 2017	116	55.42	3.12	$362
Oct 2017	120	49.29	2.98	$358
Sep 2017	114	47.52	3.09	$352
Aug 2017	119	45.37	3.00	$358
Jul 2017	114	43.87	3.09	$352
Jun 2017	115	42.49	3.09	$355
May 2017	122	45.37	3.26	$398
Apr 2017	119	47.93	3.21	$382
Mar 2017	124	46.77	2.98	$370
Feb 2017	112	50.45	2.95	$331
Jan 2017	124	49.41	3.42	$424
Dec 2016	126	48.76	3.72	$469
Nov 2016	123	42.49	2.64	$325
Oct 2016	129	46.19	3.09	$399
Sep 2016	124	41.55	3.10	$384
Aug 2016	122	41.44	2.92	$357
Jul 2016	124	41.62	2.92	$363
Jun 2016	118	45.35	2.69	$317
May 2016	125	42.52	1.99	$249
Apr 2016	120	36.56	1.99	$239
Mar 2016	128	33.01	1.79	$230
Feb 2016	118	26.47	2.06	$244
Jan 2016	127	27.35	2.36	$300
Dec 2015	124	32.36	2.00	$248
Nov 2015	122	38.79	2.17	$264
Oct 2015	131	43.55	2.43	$318
Sep 2015	128	42.99	2.76	$353
Aug 2015	134	40.16	2.87	$385
Jul 2015	136	48.15	2.95	$401
Jun 2015	143	56.15	2.88	$412
May 2015	83	55.21	2.96	$245
Apr 2015	128	49.82	2.71	$346
Mar 2015	133	42.89	2.93	$390
Feb 2015	117	44.66	2.98	$348
Jan 2015	134	43.43	3.10	$415
Dec 2014	133	54.69	3.59	$478
Nov 2014	130	70.46	4.25	$553
Oct 2014	137	78.30	3.90	$534
Sep 2014	130	86.16	4.05	$526
Aug 2014	130	89.39	4.04	$525
Jul 2014	136	96.56	4.18	$568
Jun 2014	133	98.16	4.74	$630
May 2014	138	94.73	4.73	$652
Apr 2014	131	95.94	4.81	$630
Mar 2014	139	95.89	5.06	$703
Feb 2014	126	97.40	6.19	$780
Jan 2014	140	90.40	4.86	$681
Dec 2013	138	91.82	4.35	$601
Nov 2013	136	88.85	3.74	$508
Oct 2013	144	97.42	3.78	$544
Sep 2013	142	104.11	3.72	$528
Aug 2013	149	104.25	3.52	$525
Jul 2013	154	102.52	3.72	$573
Jun 2013	159	94.40	3.93	$625
May 2013	122	94.83	4.15	$506
Apr 2013	130	93.96	4.28	$557
Mar 2013	142	93.62	3.91	$556
Feb 2013	128	91.23	3.42	$438
Jan 2013	137	91.60	3.42	$469
Dec 2012	138	86.77	3.42	$472
Nov 2012	135	86.95	3.62	$489
Oct 2012	143	89.38	3.40	$486
Sep 2012	138	94.67	2.92	$403
Aug 2012	142	92.66	2.91	$413
Jul 2012	145	85.13	3.02	$438
Jun 2012	144	79.82	2.52	$363
May 2012	145	91.61	2.49	$361
Apr 2012	143	101.65	2.00	$286
Mar 2012	147	105.05	2.22	$327
Feb 2012	139	101.10	2.57	$357
Jan 2012	150	98.09	2.73	$410
Dec 2011	149	96.87	3.24	$483
Nov 2011	145	95.72	3.31	$480
Oct 2011	145	84.98	3.65	$529
Sep 2011	149	83.62	3.99	$594
Aug 2011	153	83.40	4.15	$635
Jul 2011	150	94.14	4.52	$678
Jun 2011	153	92.90	4.64	$710
May 2011	159	98.13	4.40	$700
Apr 2011	154	105.96	4.33	$667
Mar 2011	168	96.36	4.06	$682
Feb 2011	152	85.64	4.18	$635
Jan 2011	168	86.50	4.59	$771
Dec 2010	170	85.73	4.35	$739
Nov 2010	165	80.84	3.80	$626
Oct 2010	169	78.10	3.51	$593
Sep 2010	165	72.63	3.98	$657
Aug 2010	173	73.68	4.42	$765
Jul 2010	175	72.55	4.74	$829
Jun 2010	172	70.36	4.91	$845
May 2010	148	71.12	4.24	$627
Apr 2010	169	81.69	4.12	$697
Mar 2010	171	78.39	4.39	$750
Feb 2010	154	73.58	5.44	$838
Jan 2010	164	74.36	5.96	$978
Dec 2009	158	71.44	5.48	$866
Nov 2009	151	74.59	3.75	$566
Oct 2009	157	72.54	4.11	$645
Sep 2009	156	65.54	3.06	$478
Aug 2009	163	67.42	3.22	$525
Jul 2009	168	61.13	3.46	$582
Jun 2009	141	66.16	3.90	$549
May 2009	159	54.74	3.93	$624
Apr 2009	155	46.77	3.59	$556
Mar 2009	151	42.14	4.06	$613
Feb 2009	137	32.81	4.63	$635
Jan 2009	179	35.86	5.37	$961
Dec 2008	178	37.10	5.98	$1,064
Nov 2008	168	55.49	6.86	$1,153
Oct 2008	174	75.24	6.92	$1,204
Sep 2008	167	101.76	7.88	$1,315
Aug 2008	180	114.22	8.48	$1,527
Jul 2008	186	131.08	11.39	$2,118
Jun 2008	188	131.33	13.03	$2,450
May 2008	194	123.17	11.57	$2,245
Apr 2008	202	110.31	10.45	$2,112
Mar 2008	203	101.90	9.66	$1,962
Feb 2008	157	92.53	8.77	$1,377
Jan 2008	198	90.38	8.21	$1,625
Dec 2007	186	88.33	7.30	$1,358
Nov 2007	193	91.67	7.29	$1,407
Oct 2007	223	82.85	6.92	$1,544
Sep 2007	204	75.84	6.24	$1,274
Aug 2007	178	69.06	6.39	$1,137
Jul 2007	181	70.90	6.39	$1,156
Jun 2007	184	62.00	7.55	$1,389
May 2007	185	58.74	7.85	$1,452
Apr 2007	182	59.61	7.81	$1,421
Mar 2007	185	56.92	7.30	$1,351
Feb 2007	169	55.10	8.22	$1,389
Jan 2007	204	50.30	6.73	$1,372
Dec 2006	192	56.65	6.92	$1,328
Nov 2006	197	54.20	7.62	$1,501
Oct 2006	195	54.90	6.01	$1,173
Sep 2006	192	60.08	5.04	$967
Aug 2006	213	68.71	7.34	$1,563
Jul 2006	222	69.37	6.34	$1,408
Jun 2006	221	66.28	6.38	$1,411
May 2006	220	66.01	6.42	$1,414
Apr 2006	227	64.39	7.36	$1,671
Mar 2006	231	56.70	7.08	$1,636
Feb 2006	209	57.59	7.75	$1,620
Jan 2006	236	60.59	8.93	$2,108
Dec 2005	241	54.94	13.42	$3,233
Nov 2005	245	54.69	10.59	$2,594
Oct 2005	248	58.34	13.80	$3,421
Sep 2005	226	61.45	12.08	$2,730
Aug 2005	239	61.51	9.80	$2,341
Jul 2005	241	55.69	7.84	$1,890
Jun 2005	0	52.33	7.38	$0
May 2005	90	45.22	6.65	$599
Apr 2005	194	49.20	7.36	$1,428
Mar 2005	195	50.37	7.15	$1,395
Feb 2005	166	45.22	6.31	$1,048
Jan 2005	210	43.16	6.32	$1,328
Dec 2004	178	39.86	6.75	$1,202
Nov 2004	179	45.28	6.33	$1,133
Oct 2004	191	49.70	6.52	$1,244
Sep 2004	180	43.24	5.28	$951
Aug 2004	192	42.37	5.55	$1,066
Jul 2004	199	38.28	6.08	$1,211
Jun 2004	222	36.10	6.43	$1,428
May 2004	185	37.48	6.49	$1,202
Apr 2004	192	34.47	5.86	$1,125
Mar 2004	196	34.36	5.53	$1,084
Feb 2004	181	32.45	5.51	$997
Jan 2004	194	32.03	6.30	$1,222
Dec 2003	190	30.26	6.30	$1,197
Nov 2003	189	28.80	4.60	$868
Oct 2003	197	28.17	4.76	$938
Sep 2003	202	26.31	4.75	$959
Aug 2003	216	29.76	5.13	$1,108
Jul 2003	217	29.41	5.17	$1,122
Jun 2003	219	28.56	5.98	$1,310
May 2003	211	26.59	5.97	$1,260
Apr 2003	246	26.67	5.41	$1,330
Mar 2003	207	31.14	6.10	$1,262
Feb 2003	181	33.48	7.93	$1,435
Jan 2003	210	30.31	5.58	$1,172
Dec 2002	209	26.91	4.85	$1,014
Nov 2002	201	24.66	4.14	$832
Oct 2002	202	26.46	4.23	$854
Sep 2002	209	27.44	3.64	$760
Aug 2002	223	25.96	3.16	$706
Jul 2002	222	24.58	3.06	$680
Jun 2002	196	23.73	3.34	$654
May 2002	236	24.66	3.58	$846
Apr 2002	210	23.65	3.51	$738
Mar 2002	232	22.00	3.10	$720
Feb 2002	209	18.22	2.38	$497
Jan 2002	205	17.17	2.38	$487
Dec 2001	215	16.93	2.36	$508
Nov 2001	217	18.07	2.41	$522
Oct 2001	218	19.78	2.53	$551
Sep 2001	208	24.26	2.25	$468
Aug 2001	218	24.87	3.05	$666
Jul 2001	245	23.93	3.20	$783
Jun 2001	215	24.56	3.82	$822
May 2001	244	25.52	4.31	$1,051
Apr 2001	242	24.68	5.34	$1,291
Mar 2001	241	24.54	5.38	$1,296
Feb 2001	252	27.75	5.77	$1,453
Jan 2001	243	27.47	8.40	$2,041
Dec 2000	177	26.88	9.12	$1,615
Nov 2000	226	32.21	5.66	$1,279
Oct 2000	243	31.23	5.15	$1,250
Sep 2000	232	31.87	5.19	$1,203
Aug 2000	241	29.64	4.54	$1,094
Jul 2000	242	28.53	4.09	$990
Jun 2000	243	29.30	4.40	$1,069
May 2000	241	27.26	3.68	$887
Apr 2000	194	24.51	3.12	$605
Mar 2000	264	28.42	2.86	$755
Feb 2000	230	27.62	2.73	$627
Jan 2000	268	25.27	2.48	$665
Dec 1999	246	24.28	2.42	$596
Nov 1999	268	23.19	2.43	$652
Oct 1999	284	20.98	2.80	$796
Sep 1999	278	21.75	2.62	$728
Aug 1999	292	19.26	2.88	$840
Jul 1999	297	17.89	2.37	$705
Jun 1999	317	15.94	2.36	$749
May 1999	262	15.79	2.32	$608
Apr 1999	258	15.10	2.21	$570
Mar 1999	300	12.47	1.84	$552
Feb 1999	308	9.98	1.82	$560
Jan 1999	289	10.38	1.90	$549
Dec 1998	269	9.20	1.77	$477
Nov 1998	247	10.89	2.19	$540
Oct 1998	249	12.42	1.97	$490
Sep 1998	263	12.59	2.08	$548
Aug 1998	282	11.30	1.91	$538
Jul 1998	278	11.74	2.24	$622
Jun 1998	313	11.24	2.24	$700
May 1998	302	12.62	2.21	$666
Apr 1998	304	13.04	2.51	$762
Mar 1998	355	12.80	2.31	$820
Feb 1998	283	13.95	2.30	$651
Jan 1998	301	14.70	2.15	$649
Dec 1997	301	16.32	2.41	$726
Nov 1997	228	18.19	3.09	$704
Oct 1997	258	19.25	3.15	$813
Sep 1997	272	17.74	2.95	$804
Aug 1997	299	17.86	2.55	$764
Jul 1997	285	17.58	2.25	$640
Jun 1997	308	17.24	2.26	$695
May 1997	290	18.97	2.31	$669
Apr 1997	245	17.88	2.08	$510
Mar 1997	297	18.95	1.94	$576
Feb 1997	246	20.49	2.21	$543
Jan 1997	257	23.48	3.54	$910
Dec 1996	292	23.32	—	$0
Nov 1996	244	21.97	—	$0
Oct 1996	308	23.31	—	$0
Sep 1996	1,039	22.22	—	$0
Aug 1996	288	20.26	—	$0
Jul 1996	312	19.55	—	$0
Jun 1996	340	18.73	—	$0
May 1996	361	19.43	—	$0
Apr 1996	316	21.51	—	$0
Mar 1996	350	19.38	—	$0
Feb 1996	271	16.98	—	$0
Jan 1996	330	17.07	—	$0
Dec 1995	454	17.19	—	$0
Nov 1995	452	16.00	—	$0
Oct 1995	426	15.43	—	$0
Sep 1995	340	16.18	—	$0
Aug 1995	231	15.92	—	$0
Jul 1995	97	15.24	—	$0
Jun 1995	294	16.41	—	$0
May 1995	337	17.56	—	$0
Apr 1995	367	17.73	—	$0
Mar 1995	346	16.44	—	$0
Feb 1995	273	16.58	—	$0
Jan 1995	290	15.92	—	$0
Dec 1994	305	15.03	—	$0
Nov 1994	332	15.90	—	$0
Oct 1994	353	15.58	—	$0
Sep 1994	374	15.29	—	$0
Aug 1994	385	16.13	—	$0
Jul 1994	397	17.56	—	$0
Jun 1994	348	17.09	—	$0
May 1994	283	15.88	—	$0
Apr 1994	346	14.14	—	$0
Mar 1994	316	12.46	—	$0
Feb 1994	345	12.50	—	$0
Jan 1994	361	12.66	—	$0
Dec 1993	314	12.33	—	$0
Nov 1993	296	14.49	—	$0
Oct 1993	327	15.85	—	$0
Sep 1993	364	15.03	—	$0
Aug 1993	393	15.66	—	$0
Jul 1993	383	15.46	—	$0
Jun 1993	369	16.79	—	$0
May 1993	370	17.68	—	$0
Apr 1993	386	18.05	—	$0
Mar 1993	354	18.14	—	$0
Feb 1993	331	17.90	—	$0
Jan 1993	374	16.93	—	$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                   89 Mcf  × $  2.87 =       $255

────────────────────────────────────────────────────
Month total                                     $255

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/56248 is the state's own key, not one this site invented.