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 58315District 10Field 68831200Hydrogen sulphide fieldNGPA filingGasSaveExport
Value, all time
$140 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
GasProduction38,606 Mcf$139,838
Total$139,838

8,798 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 35.5078, -101.7984. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.50777, -101.79842 · 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
Feb 1974
1 of 1 wells

1 well

42-3753016275R1,847 ftFeb 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 20175755.423.12$178
Oct 20177149.292.98$212
Sep 20173347.523.09$102
Aug 20175045.373.00$150
Jul 20173843.873.09$117
Jun 20174942.493.09$151
May 20176045.373.26$196
Apr 20176147.933.21$196
Mar 20177646.772.98$227
Feb 20175050.452.95$148
Jan 20175649.413.42$191
Dec 20166648.763.72$246
Nov 20167742.492.64$204
Oct 20168046.193.09$247
Sep 2016041.553.10$0
Aug 20165041.442.92$146
Jul 20165141.622.92$149
Jun 20165145.352.69$137
May 20167342.521.99$145
Apr 20165636.561.99$112
Mar 20165733.011.79$102
Feb 20165426.472.06$111
Jan 20165827.352.36$137
Dec 20155732.362.00$114
Nov 20155338.792.17$115
Oct 20155843.552.43$141
Sep 20155442.992.76$149
Aug 20155740.162.87$164
Jul 20155948.152.95$174
Jun 20156756.152.88$193
May 20154855.212.96$142
Apr 20155749.822.71$154
Mar 20156242.892.93$182
Feb 20155744.662.98$170
Jan 20156743.433.10$208
Dec 20146654.693.59$237
Nov 20147170.464.25$302
Oct 20147878.303.90$304
Sep 20144486.164.05$178
Aug 20144489.394.04$178
Jul 20145096.564.18$209
Jun 20145498.164.74$256
May 20147194.734.73$336
Apr 20145095.944.81$240
Mar 20146595.895.06$329
Feb 20145997.406.19$365
Jan 20146490.404.86$311
Dec 20136091.824.35$261
Nov 20135788.853.74$213
Oct 20134397.423.78$163
Sep 201352104.113.72$193
Aug 201357104.253.52$201
Jul 201358102.523.72$216
Jun 20135094.403.93$197
May 20135894.834.15$241
Apr 20136293.964.28$266
Mar 20135993.623.91$231
Feb 20135391.233.42$181
Jan 20135891.603.42$198
Dec 20125886.773.42$198
Nov 20125486.953.62$196
Oct 20126189.383.40$207
Sep 20124794.672.92$137
Aug 20126092.662.91$174
Jul 20126285.133.02$187
Jun 20126979.822.52$174
May 20126791.612.49$167
Apr 201249101.652.00$98
Mar 201258105.052.22$129
Feb 201266101.102.57$170
Jan 20126998.092.73$189
Dec 20116296.873.24$201
Nov 20116495.723.31$212
Oct 20116284.983.65$226
Sep 20115483.623.99$215
Aug 20116783.404.15$278
Jul 20116794.144.52$303
Jun 20117292.904.64$334
May 20116898.134.40$300
Apr 201171105.964.33$308
Mar 20116896.364.06$276
Feb 20116785.644.18$280
Jan 20116286.504.59$285
Dec 20107985.734.35$343
Nov 20106580.843.80$247
Oct 20107178.103.51$249
Sep 20107072.633.98$279
Aug 20107073.684.42$309
Jul 20106972.554.74$327
Jun 20106770.364.91$329
May 20107571.124.24$318
Apr 20107581.694.12$309
Mar 20107278.394.39$316
Feb 20106673.585.44$359
Jan 20106474.365.96$382
Dec 20098471.445.48$461
Nov 20097974.593.75$296
Oct 20097772.544.11$316
Sep 20096165.543.06$187
Aug 20097867.423.22$251
Jul 20098261.133.46$284
Jun 20097866.163.90$304
May 20097854.743.93$306
Apr 20098446.773.59$301
Mar 20098142.144.06$329
Feb 20097932.814.63$366
Jan 20099335.865.37$500
Dec 20088737.105.98$520
Nov 20088555.496.86$583
Oct 20089175.246.92$630
Sep 200874101.767.88$583
Aug 200884114.228.48$713
Jul 2008117131.0811.39$1,333
Jun 200879131.3313.03$1,030
May 2008185123.1711.57$2,141
Apr 2008106110.3110.45$1,108
Mar 20084101.909.66$39
Feb 2008092.538.77$0
Jan 20087090.388.21$574
Dec 200710788.337.30$781
Nov 20079591.677.29$693
Oct 20079282.856.92$637
Sep 20079775.846.24$606
Aug 200710869.066.39$690
Jul 200711270.906.39$715
Jun 200712562.007.55$944
May 200713558.747.85$1,059
Apr 200714559.617.81$1,132
Mar 200718656.927.30$1,358
Feb 200718555.108.22$1,520
Jan 200720250.306.73$1,359
Dec 200610156.656.92$699
Nov 200610254.207.62$777
Oct 200613654.906.01$818
Sep 200612660.085.04$635
Aug 200613068.717.34$954
Jul 200613469.376.34$850
Jun 200613266.286.38$843
May 200614566.016.42$932
Apr 200615864.397.36$1,163
Mar 200618156.707.08$1,282
Feb 200613657.597.75$1,054
Jan 200615160.598.93$1,349
Dec 200517654.9413.42$2,361
Nov 200510654.6910.59$1,122
Oct 200514358.3413.80$1,973
Sep 200517561.4512.08$2,114
Aug 200526661.519.80$2,606
Jul 200520055.697.84$1,569
Jun 2005052.337.38$0
May 20057845.226.65$519
Apr 200514349.207.36$1,053
Mar 200514750.377.15$1,052
Feb 200513445.226.31$846
Jan 200514743.166.32$929
Dec 200414739.866.75$992
Nov 200414345.286.33$905
Oct 200415249.706.52$990
Sep 200414343.245.28$756
Aug 200415342.375.55$849
Jul 200415138.286.08$919
Jun 200414636.106.43$939
May 200416937.486.49$1,098
Apr 200417634.475.86$1,031
Mar 200419934.365.53$1,101
Feb 200418832.455.51$1,036
Jan 200420232.036.30$1,273
Dec 200319930.266.30$1,254
Nov 200317528.804.60$804
Oct 200316628.174.76$790
Sep 200315926.314.75$755
Aug 200317029.765.13$872
Jul 200317929.415.17$926
Jun 200320428.565.98$1,221
May 200319026.595.97$1,135
Apr 200319226.675.41$1,038
Mar 200320631.146.10$1,256
Feb 200319233.487.93$1,522
Jan 200320730.315.58$1,155
Dec 200221826.914.85$1,058
Nov 200221124.664.14$873
Oct 200223026.464.23$973
Sep 200219327.443.64$702
Aug 200224725.963.16$782
Jul 200224124.583.06$738
Jun 200221923.733.34$731
May 200219824.663.58$710
Apr 200218723.653.51$657
Mar 200217122.003.10$531
Feb 200217818.222.38$423
Jan 200218517.172.38$440
Dec 200118816.932.36$445
Nov 200118118.072.41$435
Oct 200121119.782.53$534
Sep 200115624.262.25$351
Aug 200116324.873.05$498
Jul 200116023.933.20$512
Jun 200116324.563.82$623
May 200123925.524.31$1,029
Apr 200125224.685.34$1,345
Mar 200123524.545.38$1,263
Feb 200129827.755.77$1,719
Jan 200119627.478.40$1,646
Dec 200021726.889.12$1,980
Nov 200017632.215.66$996
Oct 200015031.235.15$772
Sep 200016031.875.19$830
Aug 200023929.644.54$1,085
Jul 200015128.534.09$618
Jun 200020229.304.40$888
May 200017027.263.68$626
Apr 200015324.513.12$477
Mar 200016128.422.86$460
Feb 200014227.622.73$387
Jan 200015725.272.48$389
Dec 199915624.282.42$378
Nov 199917123.192.43$416
Oct 199922520.982.80$631
Sep 199918221.752.62$477
Aug 199917319.262.88$497
Jul 199919117.892.37$453
Jun 199916515.942.36$390
May 199915115.792.32$350
Apr 199914215.102.21$314
Mar 199915812.471.84$290
Feb 19991589.981.82$287
Jan 199915010.381.90$285
Dec 19981599.201.77$282
Nov 199818710.892.19$409
Oct 199816312.421.97$321
Sep 199818612.592.08$387
Aug 199815511.301.91$296
Jul 199818411.742.24$412
Jun 199818111.242.24$405
May 199814312.622.21$316
Apr 199815913.042.51$398
Mar 199816312.802.31$376
Feb 199815213.952.30$349
Jan 199816614.702.15$358
Dec 199719416.322.41$468
Nov 199715118.193.09$466
Oct 199715919.253.15$501
Sep 199715717.742.95$464
Aug 199718217.862.55$465
Jul 199717517.582.25$393
Jun 199718317.242.26$413
May 199717318.972.31$399
Apr 199715117.882.08$315
Mar 199716618.951.94$322
Feb 199713620.492.21$300
Jan 199718323.483.54$648
Dec 199616323.32$0
Nov 199615821.97$0
Oct 199617523.31$0
Sep 199629022.22$0
Aug 199615520.26$0
Jul 199617419.55$0
Jun 199618018.73$0
May 199618919.43$0
Apr 199619621.51$0
Mar 199617019.38$0
Feb 199618316.98$0
Jan 199619317.07$0
Dec 199517017.19$0
Nov 199519316.00$0
Oct 199522415.43$0
Sep 199518016.18$0
Aug 199514915.92$0
Jul 199514815.24$0
Jun 199518716.41$0
May 199515917.56$0
Apr 199518017.73$0
Mar 199515416.44$0
Feb 199515216.58$0
Jan 199517715.92$0
Dec 199417915.03$0
Nov 199418015.90$0
Oct 199418315.58$0
Sep 199418815.29$0
Aug 199418716.13$0
Jul 199420717.56$0
Jun 199418317.09$0
May 199417015.88$0
Apr 199416414.14$0
Mar 199420512.46$0
Feb 199421412.50$0
Jan 199421812.66$0
Dec 199321312.33$0
Nov 199319414.49$0
Oct 199316815.85$0
Sep 199319115.03$0
Aug 199318915.66$0
Jul 199319415.46$0
Jun 199320316.79$0
May 199317617.68$0
Apr 199317818.05$0
Mar 199316718.14$0
Feb 199316517.90$0
Jan 199318316.93$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.

Nov 2017 — as filed, then multipliedworked
Gas                   57 Mcf  × $  3.12 =       $178

────────────────────────────────────────────────────
Month total                                     $178

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/58315 is the state's own key, not one this site invented.