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 PIONEER NATURAL RES. USA, INC. (P-5 665748) 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 58322District 10Field 68831200Hydrogen sulphide fieldNGPA filingGasSave Export

Value, all time

$119 k

Jan 1993 – Sep 2015

Value, last 12 filed months

$31

at the published price for each month

Months reported

273

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	34,530 Mcf	$118,654
Total			$118,654

8,686 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 35.5699, -101.8006. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.56991, -101.80060 · 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

100.0%

1 of 1 wells

With a plug date

100.0%

1 of 1 wells

Median depth

1,927 ft

1 wells filed one

Completion to plug

41.6 years

median over 1 well

What the state filed about each well

On the RRC proration schedule

1100.0%

A plug date is filed

1100.0%

BothOn the schedule and plugged. Neither fact cancels the other.

1100.0%

NeitherNo plug date, and not on the schedule.

00.0%

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 1,927 ft.

Completions filed

Feb 1974

1 of 1 wells

Plug dates filed

Sep 2015

1 of 1 wells

Last completion to plug: a median of 41.6 years across the 1 well that filed both dates, with the middle half between 41.6 years and 41.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-37530166	78R	1,927 ft	Feb 1974	Sep 2015	Yes

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 (273)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

273 months


Sep 2015	0	42.99	2.76	$0
Aug 2015	0	40.16	2.87	$0
Jul 2015	0	48.15	2.95	$0
Jun 2015	0	56.15	2.88	$0
May 2015	0	55.21	2.96	$0
Apr 2015	0	49.82	2.71	$0
Mar 2015	0	42.89	2.93	$0
Feb 2015	0	44.66	2.98	$0
Jan 2015	0	43.43	3.10	$0
Dec 2014	0	54.69	3.59	$0
Nov 2014	0	70.46	4.25	$0
Oct 2014	8	78.30	3.90	$31
Sep 2014	107	86.16	4.05	$433
Aug 2014	19	89.39	4.04	$77
Jul 2014	66	96.56	4.18	$276
Jun 2014	96	98.16	4.74	$455
May 2014	84	94.73	4.73	$397
Apr 2014	67	95.94	4.81	$322
Mar 2014	76	95.89	5.06	$384
Feb 2014	69	97.40	6.19	$427
Jan 2014	72	90.40	4.86	$350
Dec 2013	82	91.82	4.35	$357
Nov 2013	67	88.85	3.74	$250
Oct 2013	70	97.42	3.78	$265
Sep 2013	69	104.11	3.72	$257
Aug 2013	75	104.25	3.52	$264
Jul 2013	77	102.52	3.72	$286
Jun 2013	83	94.40	3.93	$326
May 2013	50	94.83	4.15	$207
Apr 2013	60	93.96	4.28	$257
Mar 2013	65	93.62	3.91	$254
Feb 2013	60	91.23	3.42	$205
Jan 2013	71	91.60	3.42	$243
Dec 2012	76	86.77	3.42	$260
Nov 2012	63	86.95	3.62	$228
Oct 2012	64	89.38	3.40	$218
Sep 2012	64	94.67	2.92	$187
Aug 2012	67	92.66	2.91	$195
Jul 2012	70	85.13	3.02	$211
Jun 2012	73	79.82	2.52	$184
May 2012	64	91.61	2.49	$159
Apr 2012	60	101.65	2.00	$120
Mar 2012	61	105.05	2.22	$136
Feb 2012	63	101.10	2.57	$162
Jan 2012	60	98.09	2.73	$164
Dec 2011	72	96.87	3.24	$233
Nov 2011	62	95.72	3.31	$205
Oct 2011	69	84.98	3.65	$252
Sep 2011	71	83.62	3.99	$283
Aug 2011	82	83.40	4.15	$340
Jul 2011	78	94.14	4.52	$352
Jun 2011	63	92.90	4.64	$292
May 2011	67	98.13	4.40	$295
Apr 2011	66	105.96	4.33	$286
Mar 2011	76	96.36	4.06	$308
Feb 2011	62	85.64	4.18	$259
Jan 2011	70	86.50	4.59	$321
Dec 2010	86	85.73	4.35	$374
Nov 2010	67	80.84	3.80	$254
Oct 2010	70	78.10	3.51	$246
Sep 2010	68	72.63	3.98	$271
Aug 2010	74	73.68	4.42	$327
Jul 2010	81	72.55	4.74	$384
Jun 2010	88	70.36	4.91	$432
May 2010	63	71.12	4.24	$267
Apr 2010	61	81.69	4.12	$251
Mar 2010	64	78.39	4.39	$281
Feb 2010	63	73.58	5.44	$343
Jan 2010	73	74.36	5.96	$435
Dec 2009	81	71.44	5.48	$444
Nov 2009	70	74.59	3.75	$263
Oct 2009	71	72.54	4.11	$292
Sep 2009	69	65.54	3.06	$211
Aug 2009	73	67.42	3.22	$235
Jul 2009	73	61.13	3.46	$253
Jun 2009	73	66.16	3.90	$284
May 2009	83	54.74	3.93	$326
Apr 2009	82	46.77	3.59	$294
Mar 2009	79	42.14	4.06	$321
Feb 2009	79	32.81	4.63	$366
Jan 2009	83	35.86	5.37	$446
Dec 2008	88	37.10	5.98	$526
Nov 2008	75	55.49	6.86	$515
Oct 2008	85	75.24	6.92	$588
Sep 2008	82	101.76	7.88	$646
Aug 2008	87	114.22	8.48	$738
Jul 2008	90	131.08	11.39	$1,025
Jun 2008	96	131.33	13.03	$1,251
May 2008	103	123.17	11.57	$1,192
Apr 2008	93	110.31	10.45	$972
Mar 2008	97	101.90	9.66	$937
Feb 2008	91	92.53	8.77	$798
Jan 2008	102	90.38	8.21	$837
Dec 2007	112	88.33	7.30	$818
Nov 2007	81	91.67	7.29	$591
Oct 2007	85	82.85	6.92	$588
Sep 2007	83	75.84	6.24	$518
Aug 2007	88	69.06	6.39	$562
Jul 2007	90	70.90	6.39	$575
Jun 2007	90	62.00	7.55	$679
May 2007	101	58.74	7.85	$792
Apr 2007	90	59.61	7.81	$702
Mar 2007	104	56.92	7.30	$759
Feb 2007	88	55.10	8.22	$723
Jan 2007	109	50.30	6.73	$733
Dec 2006	106	56.65	6.92	$733
Nov 2006	91	54.20	7.62	$693
Oct 2006	94	54.90	6.01	$565
Sep 2006	96	60.08	5.04	$484
Aug 2006	99	68.71	7.34	$727
Jul 2006	102	69.37	6.34	$647
Jun 2006	106	66.28	6.38	$677
May 2006	116	66.01	6.42	$745
Apr 2006	108	64.39	7.36	$795
Mar 2006	109	56.70	7.08	$772
Feb 2006	102	57.59	7.75	$791
Jan 2006	120	60.59	8.93	$1,072
Dec 2005	125	54.94	13.42	$1,677
Nov 2005	127	54.69	10.59	$1,345
Oct 2005	136	58.34	13.80	$1,876
Sep 2005	135	61.45	12.08	$1,631
Aug 2005	147	61.51	9.80	$1,440
Jul 2005	134	55.69	7.84	$1,051
Jun 2005	128	52.33	7.38	$945
May 2005	117	45.22	6.65	$778
Apr 2005	153	49.20	7.36	$1,126
Mar 2005	169	50.37	7.15	$1,209
Feb 2005	155	45.22	6.31	$978
Jan 2005	151	43.16	6.32	$955
Dec 2004	100	39.86	6.75	$675
Nov 2004	111	45.28	6.33	$703
Oct 2004	130	49.70	6.52	$847
Sep 2004	111	43.24	5.28	$587
Aug 2004	117	42.37	5.55	$649
Jul 2004	123	38.28	6.08	$748
Jun 2004	119	36.10	6.43	$766
May 2004	123	37.48	6.49	$799
Apr 2004	97	34.47	5.86	$568
Mar 2004	115	34.36	5.53	$636
Feb 2004	120	32.45	5.51	$661
Jan 2004	133	32.03	6.30	$838
Dec 2003	110	30.26	6.30	$693
Nov 2003	96	28.80	4.60	$441
Oct 2003	95	28.17	4.76	$452
Sep 2003	103	26.31	4.75	$489
Aug 2003	92	29.76	5.13	$472
Jul 2003	100	29.41	5.17	$517
Jun 2003	99	28.56	5.98	$592
May 2003	100	26.59	5.97	$597
Apr 2003	113	26.67	5.41	$611
Mar 2003	120	31.14	6.10	$732
Feb 2003	120	33.48	7.93	$951
Jan 2003	133	30.31	5.58	$742
Dec 2002	115	26.91	4.85	$558
Nov 2002	90	24.66	4.14	$372
Oct 2002	134	26.46	4.23	$567
Sep 2002	128	27.44	3.64	$465
Aug 2002	144	25.96	3.16	$456
Jul 2002	159	24.58	3.06	$487
Jun 2002	121	23.73	3.34	$404
May 2002	153	24.66	3.58	$548
Apr 2002	138	23.65	3.51	$485
Mar 2002	151	22.00	3.10	$469
Feb 2002	143	18.22	2.38	$340
Jan 2002	131	17.17	2.38	$311
Dec 2001	120	16.93	2.36	$284
Nov 2001	111	18.07	2.41	$267
Oct 2001	155	19.78	2.53	$392
Sep 2001	152	24.26	2.25	$342
Aug 2001	145	24.87	3.05	$443
Jul 2001	162	23.93	3.20	$518
Jun 2001	205	24.56	3.82	$784
May 2001	253	25.52	4.31	$1,090
Apr 2001	216	24.68	5.34	$1,152
Mar 2001	195	24.54	5.38	$1,048
Feb 2001	227	27.75	5.77	$1,309
Jan 2001	230	27.47	8.40	$1,932
Dec 2000	193	26.88	9.12	$1,761
Nov 2000	168	32.21	5.66	$951
Oct 2000	191	31.23	5.15	$983
Sep 2000	164	31.87	5.19	$851
Aug 2000	207	29.64	4.54	$940
Jul 2000	213	28.53	4.09	$871
Jun 2000	167	29.30	4.40	$734
May 2000	204	27.26	3.68	$751
Apr 2000	183	24.51	3.12	$570
Mar 2000	243	28.42	2.86	$695
Feb 2000	233	27.62	2.73	$635
Jan 2000	199	25.27	2.48	$494
Dec 1999	219	24.28	2.42	$531
Nov 1999	193	23.19	2.43	$470
Oct 1999	188	20.98	2.80	$527
Sep 1999	194	21.75	2.62	$508
Aug 1999	206	19.26	2.88	$592
Jul 1999	207	17.89	2.37	$491
Jun 1999	208	15.94	2.36	$491
May 1999	208	15.79	2.32	$483
Apr 1999	227	15.10	2.21	$501
Mar 1999	230	12.47	1.84	$423
Feb 1999	227	9.98	1.82	$413
Jan 1999	223	10.38	1.90	$424
Dec 1998	235	9.20	1.77	$417
Nov 1998	213	10.89	2.19	$466
Oct 1998	178	12.42	1.97	$351
Sep 1998	179	12.59	2.08	$373
Aug 1998	172	11.30	1.91	$328
Jul 1998	215	11.74	2.24	$481
Jun 1998	206	11.24	2.24	$461
May 1998	254	12.62	2.21	$560
Apr 1998	182	13.04	2.51	$456
Mar 1998	220	12.80	2.31	$508
Feb 1998	133	13.95	2.30	$306
Jan 1998	183	14.70	2.15	$394
Dec 1997	211	16.32	2.41	$509
Nov 1997	161	18.19	3.09	$497
Oct 1997	146	19.25	3.15	$460
Sep 1997	141	17.74	2.95	$417
Aug 1997	157	17.86	2.55	$401
Jul 1997	153	17.58	2.25	$344
Jun 1997	182	17.24	2.26	$411
May 1997	202	18.97	2.31	$466
Apr 1997	194	17.88	2.08	$404
Mar 1997	186	18.95	1.94	$361
Feb 1997	172	20.49	2.21	$379
Jan 1997	190	23.48	3.54	$673
Dec 1996	184	23.32	—	$0
Nov 1996	141	21.97	—	$0
Oct 1996	165	23.31	—	$0
Sep 1996	960	22.22	—	$0
Aug 1996	160	20.26	—	$0
Jul 1996	152	19.55	—	$0
Jun 1996	169	18.73	—	$0
May 1996	181	19.43	—	$0
Apr 1996	193	21.51	—	$0
Mar 1996	205	19.38	—	$0
Feb 1996	190	16.98	—	$0
Jan 1996	152	17.07	—	$0
Dec 1995	163	17.19	—	$0
Nov 1995	149	16.00	—	$0
Oct 1995	117	15.43	—	$0
Sep 1995	108	16.18	—	$0
Aug 1995	96	15.92	—	$0
Jul 1995	133	15.24	—	$0
Jun 1995	189	16.41	—	$0
May 1995	211	17.56	—	$0
Apr 1995	186	17.73	—	$0
Mar 1995	187	16.44	—	$0
Feb 1995	188	16.58	—	$0
Jan 1995	192	15.92	—	$0
Dec 1994	195	15.03	—	$0
Nov 1994	198	15.90	—	$0
Oct 1994	128	15.58	—	$0
Sep 1994	153	15.29	—	$0
Aug 1994	183	16.13	—	$0
Jul 1994	283	17.56	—	$0
Jun 1994	301	17.09	—	$0
May 1994	173	15.88	—	$0
Apr 1994	268	14.14	—	$0
Mar 1994	215	12.46	—	$0
Feb 1994	137	12.50	—	$0
Jan 1994	112	12.66	—	$0
Dec 1993	57	12.33	—	$0
Nov 1993	8	14.49	—	$0
Oct 1993	11	15.85	—	$0
Sep 1993	27	15.03	—	$0
Aug 1993	11	15.66	—	$0
Jul 1993	97	15.46	—	$0
Jun 1993	142	16.79	—	$0
May 1993	167	17.68	—	$0
Apr 1993	205	18.05	—	$0
Mar 1993	293	18.14	—	$0
Feb 1993	259	17.90	—	$0
Jan 1993	292	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.

Oct 2014 — as filed, then multipliedworked

Gas                    8 Mcf  × $  3.90 =        $31

────────────────────────────────────────────────────
Month total                                      $31

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/58322 is the state's own key, not one this site invented.