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 56961District 10Field 68831200Hydrogen sulphide fieldNGPA filingGasSaveExport
Value, all time
$863 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
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
GasProduction261,458 Mcf$863,229
Total$863,229

68,526 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 35.4882, -101.7898. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.48817, -101.78983 · 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
2,911 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 2,911 ft.

Completions filed
Oct 1973
1 of 1 wells

1 well

42-37530140B100R2,911 ftOct 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 2026098.932.87$0
Mar 2026089.753.15$0
Feb 2026063.503.75$0
Jan 2026059.138.00$0
Dec 2025056.664.41$0
Nov 2025058.593.93$0
Oct 2025059.383.30$0
Sep 2025062.743.08$0
Aug 2025063.933.01$0
Jul 2025066.743.32$0
Jun 2025066.483.13$0
May 2025060.553.23$0
Apr 2025062.363.54$0
Mar 2025067.704.27$0
Feb 2025070.884.34$0
Jan 2025074.324.28$0
Dec 2024068.993.12$0
Nov 2024069.052.20$0
Oct 2024071.372.28$0
Sep 2024069.612.36$0
Aug 2024075.632.06$0
Jul 2024079.932.15$0
Jun 2024078.082.63$0
May 2024078.812.20$0
Apr 2024084.451.66$0
Mar 2024080.301.55$0
Feb 2024076.091.78$0
Jan 2024073.023.30$0
Dec 2023071.262.61$0
Nov 2023077.892.81$0
Oct 2023085.443.09$0
Sep 2023089.042.74$0
Aug 2023080.522.67$0
Jul 2023074.852.64$0
Jun 2023068.962.26$0
May 2023070.622.23$0
Apr 2023078.122.24$0
Mar 2023072.852.39$0
Feb 2023075.112.47$0
Jan 2023076.533.39$0
Dec 2022076.415.73$0
Nov 2022085.005.65$0
Oct 2022087.185.86$0
Sep 2022084.888.16$0
Aug 2022094.529.13$0
Jul 20220101.587.54$0
Jun 20220115.097.98$0
May 20220109.378.43$0
Apr 20220104.226.84$0
Mar 20220108.885.08$0
Feb 2022091.054.86$0
Jan 2022081.844.54$0
Dec 2021071.323.90$0
Nov 2021077.435.24$0
Oct 2021079.795.71$0
Sep 2021069.865.35$0
Aug 2021066.024.22$0
Jul 2021070.783.98$0
Jun 20211369.493.38$44
May 2021963.483.02$27
Apr 20211560.362.76$41
Mar 20211561.302.72$41
Feb 2021757.805.55$39
Jan 20211250.412.81$34
Dec 2020044.642.68$0
Nov 2020038.772.71$0
Oct 2020036.972.48$0
Sep 2020037.091.99$0
Aug 2020039.982.39$0
Jul 2020038.371.83$0
Jun 2020034.901.69$0
May 2020016.921.81$0
Apr 2020014.751.80$0
Mar 20207630.341.86$141
Feb 20205649.881.98$111
Jan 20203857.252.09$80
Dec 2019059.012.30$0
Nov 2019055.302.75$0
Oct 2019053.472.42$0
Sep 2019055.052.66$0
Aug 2019053.112.30$0
Jul 2019056.272.46$0
Jun 2019052.782.49$0
May 2019058.482.74$0
Apr 2019262.632.75$6
Mar 20191156.803.06$34
Feb 2019050.852.79$0
Jan 2019046.033.23$0
Dec 2018046.594.19$0
Nov 2018052.934.24$0
Oct 2018061.443.40$0
Sep 2018059.543.11$0
Aug 2018059.403.07$0
Jul 2018265.142.93$6
Jun 201834560.183.08$1,062
May 201837765.382.90$1,094
Apr 201840663.842.90$1,178
Mar 201814461.222.79$401
Feb 201832561.782.77$899
Jan 201833362.874.01$1,335
Dec 201742457.272.92$1,239
Nov 201750755.423.12$1,581
Oct 201733649.292.98$1,003
Sep 201731547.523.09$972
Aug 201750345.373.00$1,511
Jul 201743743.873.09$1,349
Jun 201753742.493.09$1,658
May 201757245.373.26$1,867
Apr 201756647.933.21$1,818
Mar 201758146.772.98$1,734
Feb 201751850.452.95$1,529
Jan 201760149.413.42$2,055
Dec 201661048.763.72$2,271
Nov 201666342.492.64$1,753
Oct 201655046.193.09$1,700
Sep 2016041.553.10$0
Aug 201653841.442.92$1,573
Jul 201657041.622.92$1,667
Jun 201652545.352.69$1,410
May 201655842.521.99$1,111
Apr 201654236.561.99$1,079
Mar 201657133.011.79$1,024
Feb 201649626.472.06$1,024
Jan 201657927.352.36$1,369
Dec 201559632.362.00$1,193
Nov 201558138.792.17$1,259
Oct 201560943.552.43$1,478
Sep 201559742.992.76$1,647
Aug 201562440.162.87$1,792
Jul 201559648.152.95$1,755
Jun 201563556.152.88$1,831
May 201544655.212.96$1,318
Apr 201560449.822.71$1,635
Mar 201564942.892.93$1,905
Feb 201548744.662.98$1,449
Jan 201562143.433.10$1,925
Dec 201465254.693.59$2,342
Nov 201459070.464.25$2,509
Oct 201469978.303.90$2,727
Sep 201430686.164.05$1,238
Aug 201444189.394.04$1,779
Jul 201455496.564.18$2,316
Jun 201453198.164.74$2,515
May 201447494.734.73$2,240
Apr 201457995.944.81$2,784
Mar 201461195.895.06$3,090
Feb 201451297.406.19$3,170
Jan 201460390.404.86$2,931
Dec 201359391.824.35$2,582
Nov 201354988.853.74$2,052
Oct 201357197.423.78$2,158
Sep 2013604104.113.72$2,246
Aug 2013633104.253.52$2,230
Jul 2013595102.523.72$2,212
Jun 201359094.403.93$2,321
May 201353694.834.15$2,224
Apr 201359793.964.28$2,557
Mar 201361693.623.91$2,410
Feb 201355691.233.42$1,901
Jan 201361591.603.42$2,103
Dec 201262786.773.42$2,144
Nov 201261186.953.62$2,215
Oct 201263089.383.40$2,142
Sep 201262794.672.92$1,830
Aug 201265392.662.91$1,899
Jul 201266185.133.02$1,997
Jun 201262479.822.52$1,572
May 201262191.612.49$1,545
Apr 2012634101.652.00$1,266
Mar 2012657105.052.22$1,460
Feb 2012619101.102.57$1,591
Jan 201264798.092.73$1,769
Dec 201164896.873.24$2,099
Nov 201163495.723.31$2,099
Oct 201165584.983.65$2,390
Sep 201165083.623.99$2,591
Aug 201167383.404.15$2,792
Jul 201164194.144.52$2,896
Jun 201165392.904.64$3,030
May 201167098.134.40$2,951
Apr 2011640105.964.33$2,773
Mar 201165696.364.06$2,662
Feb 201158685.644.18$2,449
Jan 201166086.504.59$3,029
Dec 201066285.734.35$2,878
Nov 201065080.843.80$2,467
Oct 201067778.103.51$2,376
Sep 201065672.633.98$2,611
Aug 201068573.684.42$3,027
Jul 201069672.554.74$3,297
Jun 201065970.364.91$3,236
May 201064471.124.24$2,727
Apr 201067481.694.12$2,779
Mar 201068878.394.39$3,019
Feb 201060773.585.44$3,304
Jan 201069474.365.96$4,139
Dec 200968371.445.48$3,745
Nov 200968674.593.75$2,574
Oct 200971472.544.11$2,935
Sep 200968965.543.06$2,112
Aug 200971167.423.22$2,288
Jul 200969761.133.46$2,415
Jun 200966866.163.90$2,602
May 200969254.743.93$2,717
Apr 200969046.773.59$2,475
Mar 200971142.144.06$2,886
Feb 200964632.814.63$2,993
Jan 200972135.865.37$3,872
Dec 200872237.105.98$4,316
Nov 200869955.496.86$4,795
Oct 200870975.246.92$4,908
Sep 2008728101.767.88$5,735
Aug 2008750114.228.48$6,362
Jul 2008754131.0811.39$8,588
Jun 2008730131.3313.03$9,514
May 2008730123.1711.57$8,449
Apr 2008713110.3110.45$7,454
Mar 2008763101.909.66$7,374
Feb 200865992.538.77$5,780
Jan 200872090.388.21$5,908
Dec 200774988.337.30$5,469
Nov 200772391.677.29$5,272
Oct 200774882.856.92$5,178
Sep 200770275.846.24$4,383
Aug 200763069.066.39$4,024
Jul 200777370.906.39$4,938
Jun 200774762.007.55$5,639
May 200771258.747.85$5,587
Apr 200774359.617.81$5,799
Mar 200770956.927.30$5,177
Feb 200770755.108.22$5,809
Jan 200778050.306.73$5,247
Dec 200675056.656.92$5,189
Nov 200674854.207.62$5,698
Oct 200684054.906.01$5,052
Sep 200672560.085.04$3,652
Aug 200674968.717.34$5,498
Jul 200680969.376.34$5,131
Jun 200679166.286.38$5,050
May 200678866.016.42$5,063
Apr 200682164.397.36$6,043
Mar 200679356.707.08$5,617
Feb 200673157.597.75$5,666
Jan 200688660.598.93$7,915
Dec 200588254.9413.42$11,832
Nov 200552854.6910.59$5,591
Oct 200587058.3413.80$12,002
Sep 200589361.4512.08$10,787
Aug 20051,00961.519.80$9,885
Jul 200587055.697.84$6,824
Jun 2005052.337.38$0
May 200539945.226.65$2,654
Apr 200579849.207.36$5,874
Mar 200580750.377.15$5,774
Feb 200573145.226.31$4,614
Jan 200579843.166.32$5,045
Dec 200483639.866.75$5,644
Nov 200477245.286.33$4,887
Oct 200484249.706.52$5,486
Sep 200480243.245.28$4,238
Aug 200485142.375.55$4,724
Jul 200486238.286.08$5,245
Jun 200485436.106.43$5,494
May 200484837.486.49$5,507
Apr 200467634.475.86$3,960
Mar 200477634.365.53$4,291
Feb 200479232.455.51$4,364
Jan 200485932.036.30$5,411
Dec 200386430.266.30$5,445
Nov 200384328.804.60$3,874
Oct 200388928.174.76$4,231
Sep 200382426.314.75$3,913
Aug 200386129.765.13$4,417
Jul 200390029.415.17$4,654
Jun 200389128.565.98$5,331
May 200387326.595.97$5,214
Apr 200364926.675.41$3,509
Mar 200382631.146.10$5,035
Feb 200367133.487.93$5,318
Jan 200386630.315.58$4,834
Dec 200290626.914.85$4,398
Nov 200286324.664.14$3,570
Oct 200291626.464.23$3,874
Sep 200292027.443.64$3,344
Aug 200293825.963.16$2,968
Jul 200299124.583.06$3,034
Jun 200293323.733.34$3,115
May 200288624.663.58$3,175
Apr 200287423.653.51$3,070
Mar 200282022.003.10$2,544
Feb 200278918.222.38$1,874
Jan 200282017.172.38$1,948
Dec 200194516.932.36$2,234
Nov 200197818.072.41$2,353
Oct 20011,01919.782.53$2,577
Sep 20011,01024.262.25$2,274
Aug 20011,03424.873.05$3,157
Jul 200189023.933.20$2,845
Jun 200197424.563.82$3,725
May 20011,02825.524.31$4,428
Apr 200186224.685.34$4,599
Mar 200182624.545.38$4,441
Feb 200175827.755.77$4,371
Jan 200178227.478.40$6,568
Dec 200090726.889.12$8,274
Nov 200098132.215.66$5,551
Oct 20001,02831.235.15$5,290
Sep 200098131.875.19$5,088
Aug 20001,13329.644.54$5,145
Jul 200098028.534.09$4,008
Jun 200092629.304.40$4,072
May 20001,13027.263.68$4,158
Apr 200084224.513.12$2,624
Mar 20001,02728.422.86$2,937
Feb 200086427.622.73$2,356
Jan 200098825.272.48$2,451
Dec 199994524.282.42$2,290
Nov 19991,10123.192.43$2,680
Oct 199999320.982.80$2,784
Sep 19991,02521.752.62$2,684
Aug 19991,06319.262.88$3,057
Jul 19991,15017.892.37$2,728
Jun 19991,14915.942.36$2,714
May 199987915.792.32$2,040
Apr 199988915.102.21$1,963
Mar 19991,14612.471.84$2,107
Feb 19991,0549.981.82$1,916
Jan 199999410.381.90$1,889
Dec 19981,0769.201.77$1,908
Nov 19981,17510.892.19$2,568
Oct 19981,06312.421.97$2,093
Sep 19981,22312.592.08$2,547
Aug 199898811.301.91$1,884
Jul 19981,16511.742.24$2,606
Jun 19981,05211.242.24$2,354
May 199891812.622.21$2,025
Apr 199898113.042.51$2,458
Mar 199895612.802.31$2,208
Feb 199896913.952.30$2,228
Jan 199890814.702.15$1,957
Dec 199791016.322.41$2,194
Nov 199786118.193.09$2,659
Oct 199791719.253.15$2,888
Sep 199796017.742.95$2,837
Aug 19971,18817.862.55$3,035
Jul 19971,17917.582.25$2,649
Jun 19971,19917.242.26$2,706
May 19971,11118.972.31$2,565
Apr 199796517.882.08$2,010
Mar 19971,17618.951.94$2,280
Feb 19971,04620.492.21$2,307
Jan 19971,25223.483.54$4,432
Dec 19961,11023.32$0
Nov 19961,13021.97$0
Oct 19961,32523.31$0
Sep 19961,20622.22$0
Aug 19961,10520.26$0
Jul 19961,18719.55$0
Jun 19961,29918.73$0
May 19961,31719.43$0
Apr 19961,26821.51$0
Mar 19961,35619.38$0
Feb 19961,40516.98$0
Jan 19961,24717.07$0
Dec 19951,47817.19$0
Nov 19951,36416.00$0
Oct 19951,57015.43$0
Sep 19951,20216.18$0
Aug 199594815.92$0
Jul 199591715.24$0
Jun 19951,55016.41$0
May 19951,14817.56$0
Apr 19951,50617.73$0
Mar 19951,21016.44$0
Feb 19951,14216.58$0
Jan 19951,35315.92$0
Dec 19941,40615.03$0
Nov 19941,38015.90$0
Oct 19941,51215.58$0
Sep 19941,52515.29$0
Aug 19941,58416.13$0
Jul 19941,60317.56$0
Jun 19941,49017.09$0
May 19941,45515.88$0
Apr 19941,53614.14$0
Mar 19941,41912.46$0
Feb 19941,30712.50$0
Jan 19941,50912.66$0
Dec 19931,56912.33$0
Nov 19931,55314.49$0
Oct 19931,48615.85$0
Sep 19931,63715.03$0
Aug 19931,72615.66$0
Jul 19931,92215.46$0
Jun 19931,56416.79$0
May 19931,73217.68$0
Apr 19931,74418.05$0
Mar 19931,86918.14$0
Feb 19931,71017.90$0
Jan 19931,94516.93$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.

Jun 2021 — as filed, then multipliedworked
Gas                   13 Mcf  × $  3.38 =        $44

────────────────────────────────────────────────────
Month total                                      $44

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/56961 is the state's own key, not one this site invented.