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 58317District 10Field 68831200Hydrogen sulphide fieldNGPA filingGasSaveExport
Value, all time
$297 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
GasProduction89,873 Mcf$297,478
Total$297,478

29,154 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 35.6154, -101.8188. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.61539, -101.81885 · 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
1,924 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 1,924 ft.

Completions filed
Feb 1974
1 of 1 wells

1 well

42-3753016377R1,924 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 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 2017349.413.42$10
Dec 20167648.763.72$283
Nov 20161442.492.64$37
Oct 2016146.193.09$3
Sep 2016041.553.10$0
Aug 2016041.442.92$0
Jul 2016041.622.92$0
Jun 2016845.352.69$21
May 20163242.521.99$64
Apr 2016036.561.99$0
Mar 2016533.011.79$9
Feb 20161326.472.06$27
Jan 20161527.352.36$35
Dec 20153032.362.00$60
Nov 20151338.792.17$28
Oct 20151843.552.43$44
Sep 20151442.992.76$39
Aug 20153840.162.87$109
Jul 20154548.152.95$133
Jun 20154556.152.88$130
May 20153655.212.96$106
Apr 20154249.822.71$114
Mar 20153542.892.93$103
Feb 20152344.662.98$68
Jan 20157443.433.10$229
Dec 20146554.693.59$233
Nov 20145870.464.25$247
Oct 20144978.303.90$191
Sep 2014986.164.05$36
Aug 20141789.394.04$69
Jul 20143696.564.18$150
Jun 20142998.164.74$137
May 20144294.734.73$199
Apr 20144695.944.81$221
Mar 20144995.895.06$248
Feb 20141897.406.19$111
Jan 20141790.404.86$83
Dec 20135691.824.35$244
Nov 20135588.853.74$206
Oct 20137197.423.78$268
Sep 201374104.113.72$275
Aug 201378104.253.52$275
Jul 201344102.523.72$164
Jun 20134094.403.93$157
May 20133494.834.15$141
Apr 20134793.964.28$201
Mar 20134393.623.91$168
Feb 20138891.233.42$301
Jan 201311491.603.42$390
Dec 20129986.773.42$339
Nov 20125386.953.62$192
Oct 20124889.383.40$163
Sep 20124594.672.92$131
Aug 20123892.662.91$111
Jul 20126385.133.02$190
Jun 20124779.822.52$118
May 20123091.612.49$75
Apr 201237101.652.00$74
Mar 201241105.052.22$91
Feb 201241101.102.57$105
Jan 20125298.092.73$142
Dec 20115196.873.24$165
Nov 20114595.723.31$149
Oct 20115084.983.65$182
Sep 20114183.623.99$163
Aug 20114483.404.15$183
Jul 20114894.144.52$217
Jun 20114892.904.64$223
May 20115498.134.40$238
Apr 201149105.964.33$212
Mar 20117696.364.06$308
Feb 20117685.644.18$318
Jan 20115586.504.59$252
Dec 20104785.734.35$204
Nov 201018780.843.80$710
Oct 201024178.103.51$846
Sep 201024172.633.98$959
Aug 201026473.684.42$1,167
Jul 201028372.554.74$1,340
Jun 201027770.364.91$1,360
May 201023871.124.24$1,008
Apr 201025981.694.12$1,068
Mar 201025778.394.39$1,128
Feb 201021973.585.44$1,192
Jan 201027774.365.96$1,652
Dec 200927271.445.48$1,492
Nov 200926274.593.75$983
Oct 200929572.544.11$1,213
Sep 200928665.543.06$877
Aug 200930567.423.22$982
Jul 200934461.133.46$1,192
Jun 200926866.163.90$1,044
May 200932454.743.93$1,272
Apr 200932546.773.59$1,166
Mar 200931242.144.06$1,266
Feb 200927432.814.63$1,269
Jan 200929635.865.37$1,590
Dec 200831137.105.98$1,859
Nov 200828555.496.86$1,955
Oct 200828375.246.92$1,959
Sep 2008278101.767.88$2,190
Aug 2008312114.228.48$2,647
Jul 2008309131.0811.39$3,519
Jun 2008217131.3313.03$2,828
May 2008325123.1711.57$3,762
Apr 2008313110.3110.45$3,272
Mar 2008290101.909.66$2,803
Feb 200829392.538.77$2,570
Jan 200829290.388.21$2,396
Dec 200730388.337.30$2,213
Nov 200730791.677.29$2,239
Oct 200732682.856.92$2,257
Sep 200732075.846.24$1,998
Aug 200732769.066.39$2,089
Jul 200735970.906.39$2,293
Jun 200735062.007.55$2,642
May 200735758.747.85$2,801
Apr 200735059.617.81$2,732
Mar 200736056.927.30$2,629
Feb 200734355.108.22$2,818
Jan 200737050.306.73$2,489
Dec 200639156.656.92$2,705
Nov 200637654.207.62$2,864
Oct 200640954.906.01$2,460
Sep 200640160.085.04$2,020
Aug 200647268.717.34$3,464
Jul 200646569.376.34$2,949
Jun 200633466.286.38$2,132
May 200622466.016.42$1,439
Apr 200632364.397.36$2,377
Mar 200633156.707.08$2,344
Feb 200630757.597.75$2,380
Jan 200634660.598.93$3,091
Dec 200533254.9413.42$4,454
Nov 200534354.6910.59$3,632
Oct 200538358.3413.80$5,284
Sep 200540261.4512.08$4,856
Aug 200544761.519.80$4,379
Jul 200545955.697.84$3,600
Jun 2005052.337.38$0
May 200523345.226.65$1,550
Apr 200538649.207.36$2,841
Mar 200540650.377.15$2,905
Feb 200536445.226.31$2,298
Jan 200539643.166.32$2,504
Dec 200439139.866.75$2,640
Nov 200438745.286.33$2,450
Oct 200439549.706.52$2,573
Sep 200437743.245.28$1,992
Aug 200440542.375.55$2,248
Jul 200439938.286.08$2,428
Jun 200438536.106.43$2,477
May 200438837.486.49$2,520
Apr 200437534.475.86$2,197
Mar 200438734.365.53$2,140
Feb 200435732.455.51$1,967
Jan 200438232.036.30$2,406
Dec 200338530.266.30$2,426
Nov 200339128.804.60$1,797
Oct 200341428.174.76$1,970
Sep 200339626.314.75$1,881
Aug 200343529.765.13$2,231
Jul 200338329.415.17$1,980
Jun 200337128.565.98$2,220
May 200339826.595.97$2,377
Apr 200338726.675.41$2,093
Mar 200340731.146.10$2,481
Feb 200335433.487.93$2,806
Jan 200338430.315.58$2,144
Dec 200220826.914.85$1,010
Nov 200245624.664.14$1,886
Oct 200256926.464.23$2,406
Sep 200250327.443.64$1,829
Aug 200252525.963.16$1,661
Jul 200257324.583.06$1,754
Jun 200281323.733.34$2,714
May 20021,20924.663.58$4,333
Apr 2002023.653.51$0
Mar 2002022.003.10$0
Feb 2002018.222.38$0
Jan 20022317.172.38$55
Dec 20011216.932.36$28
Nov 2001218.072.41$5
Oct 2001019.782.53$0
Sep 2001024.262.25$0
Aug 20018124.873.05$247
Jul 20016923.933.20$221
Jun 20016924.563.82$264
May 200118425.524.31$793
Apr 20013524.685.34$187
Mar 200114824.545.38$796
Feb 200113827.755.77$796
Jan 200111427.478.40$957
Dec 200020526.889.12$1,870
Nov 20009332.215.66$526
Oct 200020731.235.15$1,065
Sep 200028231.875.19$1,463
Aug 200031429.644.54$1,426
Jul 200030928.534.09$1,264
Jun 200029329.304.40$1,288
May 200034627.263.68$1,273
Apr 200034524.513.12$1,075
Mar 200043928.422.86$1,255
Feb 200044127.622.73$1,202
Jan 200045325.272.48$1,124
Dec 199937824.282.42$916
Nov 199941223.192.43$1,003
Oct 199938720.982.80$1,085
Sep 199938921.752.62$1,019
Aug 199941019.262.88$1,179
Jul 199941817.892.37$992
Jun 199944315.942.36$1,046
May 199940415.792.32$938
Apr 199939015.102.21$861
Mar 199946112.471.84$847
Feb 19993869.981.82$702
Jan 199943110.381.90$819
Dec 19984169.201.77$738
Nov 199843310.892.19$946
Oct 199840612.421.97$800
Sep 199841612.592.08$866
Aug 199841611.301.91$793
Jul 199843211.742.24$967
Jun 199842311.242.24$946
May 199841712.622.21$920
Apr 199838313.042.51$960
Mar 199841912.802.31$968
Feb 199838513.952.30$885
Jan 199838114.702.15$821
Dec 199749916.322.41$1,203
Nov 199744218.193.09$1,365
Oct 199749719.253.15$1,565
Sep 199743917.742.95$1,297
Aug 199749117.862.55$1,254
Jul 199747617.582.25$1,070
Jun 199748917.242.26$1,104
May 199764918.972.31$1,498
Apr 199756317.882.08$1,173
Mar 199760318.951.94$1,169
Feb 199767920.492.21$1,498
Jan 199781223.483.54$2,874
Dec 199680623.32$0
Nov 199655621.97$0
Oct 199650323.31$0
Sep 19963,23622.22$0
Aug 199644720.26$0
Jul 199648719.55$0
Jun 199647618.73$0
May 199651219.43$0
Apr 199654721.51$0
Mar 199653319.38$0
Feb 199648416.98$0
Jan 199649817.07$0
Dec 199559917.19$0
Nov 199555916.00$0
Oct 199559415.43$0
Sep 199549216.18$0
Aug 199535115.92$0
Jul 199538215.24$0
Jun 199549716.41$0
May 199553217.56$0
Apr 199554317.73$0
Mar 199550516.44$0
Feb 199559116.58$0
Jan 199557115.92$0
Dec 199457915.03$0
Nov 199452715.90$0
Oct 199448615.58$0
Sep 199455815.29$0
Aug 199457316.13$0
Jul 199456817.56$0
Jun 199460117.09$0
May 199453615.88$0
Apr 199452914.14$0
Mar 199455712.46$0
Feb 199455912.50$0
Jan 199460112.66$0
Dec 199358212.33$0
Nov 199354514.49$0
Oct 199357215.85$0
Sep 199353515.03$0
Aug 199359415.66$0
Jul 199364515.46$0
Jun 199350716.79$0
May 199364617.68$0
Apr 199366318.05$0
Mar 199355918.14$0
Feb 199361317.90$0
Jan 199371816.93$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.

Jan 2017 — as filed, then multipliedworked
Gas                    3 Mcf  × $  3.42 =        $10

────────────────────────────────────────────────────
Month total                                      $10

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/58317 is the state's own key, not one this site invented.