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 58314District 10Field 68831200Hydrogen sulphide fieldNGPA filingGasSaveExport
Value, all time
$238 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
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
GasProduction87,001 Mcf$238,247
Total$238,247

31,898 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 35.5101, -101.8377. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.51013, -101.83770 · 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
1,847 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 1,847 ft.

Completions filed
Jan 1974
1 of 1 wells

1 well

42-3753016174R1,847 ftJan 1974

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 2021069.493.38$0
May 2021063.483.02$0
Apr 2021060.362.76$0
Mar 2021061.302.72$0
Feb 2021057.805.55$0
Jan 2021050.412.81$0
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 2020030.341.86$0
Feb 2020049.881.98$0
Jan 2020057.252.09$0
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 2019062.632.75$0
Mar 2019056.803.06$0
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 2018065.142.93$0
Jun 2018060.183.08$0
May 2018065.382.90$0
Apr 2018063.842.90$0
Mar 2018061.222.79$0
Feb 2018061.782.77$0
Jan 2018062.874.01$0
Dec 2017057.272.92$0
Nov 2017055.423.12$0
Oct 2017049.292.98$0
Sep 2017047.523.09$0
Aug 2017045.373.00$0
Jul 2017043.873.09$0
Jun 2017042.493.09$0
May 2017045.373.26$0
Apr 2017047.933.21$0
Mar 2017046.772.98$0
Feb 2017050.452.95$0
Jan 2017049.413.42$0
Dec 2016048.763.72$0
Nov 2016042.492.64$0
Oct 2016046.193.09$0
Sep 2016041.553.10$0
Aug 2016041.442.92$0
Jul 2016041.622.92$0
Jun 2016045.352.69$0
May 2016042.521.99$0
Apr 2016036.561.99$0
Mar 2016033.011.79$0
Feb 2016026.472.06$0
Jan 2016027.352.36$0
Dec 2015032.362.00$0
Nov 2015038.792.17$0
Oct 2015043.552.43$0
Sep 2015042.992.76$0
Aug 2015040.162.87$0
Jul 2015048.152.95$0
Jun 2015056.152.88$0
May 2015055.212.96$0
Apr 2015049.822.71$0
Mar 2015042.892.93$0
Feb 2015044.662.98$0
Jan 2015043.433.10$0
Dec 2014054.693.59$0
Nov 2014070.464.25$0
Oct 2014078.303.90$0
Sep 2014086.164.05$0
Aug 2014089.394.04$0
Jul 2014096.564.18$0
Jun 2014098.164.74$0
May 2014094.734.73$0
Apr 2014095.944.81$0
Mar 2014095.895.06$0
Feb 2014097.406.19$0
Jan 2014090.404.86$0
Dec 2013091.824.35$0
Nov 2013088.853.74$0
Oct 2013097.423.78$0
Sep 20130104.113.72$0
Aug 20130104.253.52$0
Jul 20130102.523.72$0
Jun 2013094.403.93$0
May 2013094.834.15$0
Apr 2013093.964.28$0
Mar 2013093.623.91$0
Feb 2013091.233.42$0
Jan 2013091.603.42$0
Dec 2012086.773.42$0
Nov 2012086.953.62$0
Oct 2012089.383.40$0
Sep 2012094.672.92$0
Aug 2012092.662.91$0
Jul 2012085.133.02$0
Jun 2012079.822.52$0
May 2012091.612.49$0
Apr 20120101.652.00$0
Mar 20120105.052.22$0
Feb 20120101.102.57$0
Jan 2012098.092.73$0
Dec 2011096.873.24$0
Nov 2011095.723.31$0
Oct 2011084.983.65$0
Sep 2011083.623.99$0
Aug 2011083.404.15$0
Jul 2011094.144.52$0
Jun 2011092.904.64$0
May 2011098.134.40$0
Apr 20110105.964.33$0
Mar 2011096.364.06$0
Feb 2011085.644.18$0
Jan 2011086.504.59$0
Dec 2010085.734.35$0
Nov 2010080.843.80$0
Oct 2010078.103.51$0
Sep 2010072.633.98$0
Aug 2010073.684.42$0
Jul 2010072.554.74$0
Jun 2010070.364.91$0
May 2010071.124.24$0
Apr 2010081.694.12$0
Mar 2010078.394.39$0
Feb 2010073.585.44$0
Jan 2010074.365.96$0
Dec 2009071.445.48$0
Nov 2009074.593.75$0
Oct 2009072.544.11$0
Sep 2009065.543.06$0
Aug 2009067.423.22$0
Jul 2009061.133.46$0
Jun 2009066.163.90$0
May 2009054.743.93$0
Apr 2009046.773.59$0
Mar 2009042.144.06$0
Feb 2009032.814.63$0
Jan 2009035.865.37$0
Dec 2008037.105.98$0
Nov 2008055.496.86$0
Oct 2008075.246.92$0
Sep 20080101.767.88$0
Aug 20080114.228.48$0
Jul 20080131.0811.39$0
Jun 20081131.3313.03$13
May 20080123.1711.57$0
Apr 20080110.3110.45$0
Mar 20080101.909.66$0
Feb 2008092.538.77$0
Jan 2008090.388.21$0
Dec 2007088.337.30$0
Nov 2007091.677.29$0
Oct 2007082.856.92$0
Sep 2007075.846.24$0
Aug 2007069.066.39$0
Jul 2007070.906.39$0
Jun 2007062.007.55$0
May 2007458.747.85$31
Apr 2007859.617.81$62
Mar 2007156.927.30$7
Feb 20073055.108.22$246
Jan 20074750.306.73$316
Dec 20065056.656.92$346
Nov 200621854.207.62$1,661
Oct 200625354.906.01$1,521
Sep 200631360.085.04$1,577
Aug 200633568.717.34$2,459
Jul 200635369.376.34$2,239
Jun 200634866.286.38$2,222
May 200631966.016.42$2,050
Apr 200634064.397.36$2,503
Mar 200636256.707.08$2,564
Feb 200630057.597.75$2,325
Jan 200633860.598.93$3,019
Dec 200534854.9413.42$4,669
Nov 200534954.6910.59$3,695
Oct 200537358.3413.80$5,146
Sep 200540961.4512.08$4,940
Aug 200544461.519.80$4,350
Jul 200554155.697.84$4,243
Jun 2005052.337.38$0
May 200517545.226.65$1,164
Apr 200536949.207.36$2,716
Mar 200538550.377.15$2,755
Feb 200537345.226.31$2,354
Jan 200539843.166.32$2,516
Dec 200436839.866.75$2,484
Nov 200437345.286.33$2,361
Oct 200439349.706.52$2,560
Sep 200438143.245.28$2,013
Aug 200440142.375.55$2,226
Jul 200441538.286.08$2,525
Jun 200442236.106.43$2,715
May 200438437.486.49$2,494
Apr 200437934.475.86$2,220
Mar 200441234.365.53$2,278
Feb 200445332.455.51$2,496
Jan 200439832.036.30$2,507
Dec 200341630.266.30$2,621
Nov 200341228.804.60$1,893
Oct 200340728.174.76$1,937
Sep 200340826.314.75$1,938
Aug 200343729.765.13$2,242
Jul 200345429.415.17$2,348
Jun 200345028.565.98$2,692
May 200344226.595.97$2,640
Apr 200359926.675.41$3,239
Mar 200355231.146.10$3,365
Feb 200355733.487.93$4,415
Jan 200345130.315.58$2,518
Dec 200244126.914.85$2,141
Nov 200244824.664.14$1,853
Oct 200242726.464.23$1,806
Sep 200242727.443.64$1,552
Aug 200246725.963.16$1,478
Jul 200246224.583.06$1,415
Jun 200243823.733.34$1,462
May 200248624.663.58$1,742
Apr 200249723.653.51$1,746
Mar 200258722.003.10$1,821
Feb 200218618.222.38$442
Jan 200255217.172.38$1,311
Dec 200133616.932.36$794
Nov 200141218.072.41$991
Oct 200146619.782.53$1,178
Sep 200145124.262.25$1,015
Aug 200148124.873.05$1,469
Jul 200150723.933.20$1,621
Jun 200145024.563.82$1,721
May 200147225.524.31$2,033
Apr 200149824.685.34$2,657
Mar 200145424.545.38$2,441
Feb 200145927.755.77$2,647
Jan 200142827.478.40$3,595
Dec 200037826.889.12$3,448
Nov 200046232.215.66$2,614
Oct 200049031.235.15$2,521
Sep 200048331.875.19$2,505
Aug 200050229.644.54$2,279
Jul 200052228.534.09$2,135
Jun 200052529.304.40$2,309
May 200051427.263.68$1,891
Apr 200041424.513.12$1,290
Mar 200053128.422.86$1,519
Feb 200046427.622.73$1,265
Jan 200051925.272.48$1,287
Dec 199948824.282.42$1,183
Nov 199952023.192.43$1,266
Oct 199952220.982.80$1,464
Sep 199951421.752.62$1,346
Aug 199948019.262.88$1,380
Jul 199946817.892.37$1,110
Jun 199950915.942.36$1,202
May 199952015.792.32$1,207
Apr 199948515.102.21$1,071
Mar 199955312.471.84$1,017
Feb 19995129.981.82$931
Jan 199951910.381.90$986
Dec 19985559.201.77$984
Nov 199855810.892.19$1,220
Oct 199856612.421.97$1,115
Sep 199858812.592.08$1,225
Aug 199859411.301.91$1,133
Jul 199859411.742.24$1,329
Jun 199861411.242.24$1,374
May 199859812.622.21$1,319
Apr 199852013.042.51$1,303
Mar 199864012.802.31$1,478
Feb 199858713.952.30$1,350
Jan 199866014.702.15$1,422
Dec 199763216.322.41$1,524
Nov 199760918.193.09$1,881
Oct 199764719.253.15$2,038
Sep 199761217.742.95$1,808
Aug 199763717.862.55$1,627
Jul 199757817.582.25$1,299
Jun 199763517.242.26$1,433
May 199761518.972.31$1,420
Apr 199751817.882.08$1,079
Mar 199758918.951.94$1,142
Feb 199751220.492.21$1,129
Jan 199757123.483.54$2,021
Dec 199662223.32$0
Nov 199662321.97$0
Oct 199661623.31$0
Sep 19961,15522.22$0
Aug 199667320.26$0
Jul 199661719.55$0
Jun 199669418.73$0
May 199667819.43$0
Apr 199663321.51$0
Mar 199660819.38$0
Feb 199653716.98$0
Jan 199663917.07$0
Dec 199565217.19$0
Nov 199569916.00$0
Oct 199576915.43$0
Sep 199563616.18$0
Aug 199543615.92$0
Jul 199542115.24$0
Jun 199560716.41$0
May 199562217.56$0
Apr 199573017.73$0
Mar 199562316.44$0
Feb 199555416.58$0
Jan 199564615.92$0
Dec 199464115.03$0
Nov 199464515.90$0
Oct 199469915.58$0
Sep 199469415.29$0
Aug 199472716.13$0
Jul 199474717.56$0
Jun 199466417.09$0
May 199461415.88$0
Apr 199465614.14$0
Mar 199460912.46$0
Feb 199463512.50$0
Jan 199471512.66$0
Dec 199374412.33$0
Nov 199361914.49$0
Oct 199364215.85$0
Sep 199368515.03$0
Aug 199373015.66$0
Jul 199372915.46$0
Jun 199368716.79$0
May 199375217.68$0
Apr 199372118.05$0
Mar 199366218.14$0
Feb 199365517.90$0
Jan 199373616.93$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 2008 — as filed, then multipliedworked
Gas                    1 Mcf  × $ 13.03 =        $13

────────────────────────────────────────────────────
Month total                                      $13

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/58314 is the state's own key, not one this site invented.