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 59782District 10Field 68831200Hydrogen sulphide fieldNGPA filingGasSaveExport
Value, all time
$993 k
Jan 1993 – May 2026
Value, last 12 filed months
$17 k
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
GasProduction280,307 Mcf$992,850
Total$992,850

72,213 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 35.5137, -101.8269. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.51373, -101.82694 · 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
1,964 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 1,964 ft.

1 well

42-3753020184R1,964 ft

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 202639098.932.87$1,119
Mar 202640789.753.15$1,282
Feb 202634663.503.75$1,298
Jan 202640359.138.00$3,223
Dec 202539356.664.41$1,734
Nov 202538858.593.93$1,523
Oct 202540559.383.30$1,338
Sep 202539962.743.08$1,228
Aug 202538963.933.01$1,173
Jul 202541366.743.32$1,369
Jun 202540066.483.13$1,251
May 202542360.553.23$1,367
Apr 202538462.363.54$1,361
Mar 202537167.704.27$1,584
Feb 202528570.884.34$1,237
Jan 202540374.324.28$1,724
Dec 202440068.993.12$1,249
Nov 202438769.052.20$851
Oct 202439871.372.28$908
Sep 202438669.612.36$913
Aug 202440075.632.06$825
Jul 202441479.932.15$889
Jun 202440078.082.63$1,054
May 202441078.812.20$901
Apr 202441284.451.66$684
Mar 202443880.301.55$677
Feb 202437376.091.78$665
Jan 202441373.023.30$1,362
Dec 202343171.262.61$1,125
Nov 202342177.892.81$1,182
Oct 202343885.443.09$1,352
Sep 202342989.042.74$1,173
Aug 202344380.522.67$1,184
Jul 202373174.852.64$1,931
Jun 202346168.962.26$1,041
May 202341670.622.23$927
Apr 202344478.122.24$994
Mar 202346472.852.39$1,110
Feb 202338975.112.47$959
Jan 202345976.533.39$1,555
Dec 202246276.415.73$2,647
Nov 202238685.005.65$2,179
Oct 202243987.185.86$2,574
Sep 202244084.888.16$3,592
Aug 202245294.529.13$4,125
Jul 2022463101.587.54$3,492
Jun 2022440115.097.98$3,510
May 2022471109.378.43$3,972
Apr 2022458104.226.84$3,132
Mar 2022477108.885.08$2,421
Feb 202240991.054.86$1,987
Jan 202244481.844.54$2,015
Dec 202147671.323.90$1,856
Nov 202146577.435.24$2,435
Oct 202148879.795.71$2,788
Sep 202148269.865.35$2,579
Aug 202120066.024.22$844
Jul 202120370.783.98$808
Jun 202120769.493.38$700
May 202125363.483.02$763
Apr 202119760.362.76$543
Mar 202132161.302.72$872
Feb 202123557.805.55$1,304
Jan 202145550.412.81$1,279
Dec 202046044.642.68$1,231
Nov 202047138.772.71$1,275
Oct 202039936.972.48$989
Sep 202044237.091.99$880
Aug 202046139.982.39$1,100
Jul 202046538.371.83$849
Jun 202044334.901.69$749
May 202044916.921.81$815
Apr 202045914.751.80$828
Mar 202046630.341.86$865
Feb 202044549.881.98$881
Jan 202048357.252.09$1,012
Dec 201948859.012.30$1,125
Nov 201950155.302.75$1,378
Oct 201942453.472.42$1,025
Sep 201943855.052.66$1,164
Aug 201947053.112.30$1,083
Jul 201950356.272.46$1,237
Jun 201944052.782.49$1,096
May 201949058.482.74$1,343
Apr 201948962.632.75$1,345
Mar 201950056.803.06$1,531
Feb 201947450.852.79$1,324
Jan 201953046.033.23$1,711
Dec 2018046.594.19$0
Nov 2018052.934.24$0
Oct 201854861.443.40$1,862
Sep 201853959.543.11$1,675
Aug 201857459.403.07$1,760
Jul 201859365.142.93$1,739
Jun 201866460.183.08$2,043
May 201839165.382.90$1,134
Apr 201835063.842.90$1,015
Mar 201810761.222.79$298
Feb 201851061.782.77$1,411
Jan 201859662.874.01$2,390
Dec 201755857.272.92$1,630
Nov 201765755.423.12$2,049
Oct 201740149.292.98$1,196
Sep 201735447.523.09$1,093
Aug 201738145.373.00$1,145
Jul 201722843.873.09$704
Jun 201746942.493.09$1,448
May 201753845.373.26$1,756
Apr 201754747.933.21$1,757
Mar 201749646.772.98$1,480
Feb 201748950.452.95$1,444
Jan 201757149.413.42$1,952
Dec 201643648.763.72$1,623
Nov 201654042.492.64$1,428
Oct 201660546.193.09$1,870
Sep 201634441.553.10$1,067
Aug 201655041.442.92$1,608
Jul 201636841.622.92$1,076
Jun 201652745.352.69$1,415
May 201655042.521.99$1,095
Apr 201653736.561.99$1,069
Mar 201656833.011.79$1,019
Feb 201649526.472.06$1,022
Jan 201656227.352.36$1,329
Dec 201557832.362.00$1,157
Nov 201557338.792.17$1,242
Oct 201559743.552.43$1,449
Sep 201558742.992.76$1,619
Aug 201559740.162.87$1,715
Jul 201562648.152.95$1,844
Jun 201570056.152.88$2,018
May 201533855.212.96$999
Apr 201562849.822.71$1,700
Mar 201565842.892.93$1,931
Feb 201551444.662.98$1,530
Jan 201559943.433.10$1,857
Dec 201464754.693.59$2,324
Nov 201464070.464.25$2,721
Oct 201473878.303.90$2,879
Sep 201434486.164.05$1,392
Aug 201449289.394.04$1,985
Jul 201467396.564.18$2,813
Jun 201455298.164.74$2,615
May 201467694.734.73$3,195
Apr 201453195.944.81$2,554
Mar 201464695.895.06$3,267
Feb 201452797.406.19$3,263
Jan 201463490.404.86$3,082
Dec 201364991.824.35$2,826
Nov 201365688.853.74$2,452
Oct 201385997.423.78$3,246
Sep 201374104.113.72$275
Aug 2013646104.253.52$2,276
Jul 2013663102.523.72$2,465
Jun 201368794.403.93$2,702
May 201345894.834.15$1,900
Apr 201361793.964.28$2,642
Mar 201363193.623.91$2,469
Feb 201357191.233.42$1,953
Jan 201363291.603.42$2,161
Dec 201264386.773.42$2,199
Nov 201262986.953.62$2,280
Oct 201264789.383.40$2,200
Sep 201263894.672.92$1,862
Aug 201268792.662.91$1,998
Jul 201270385.133.02$2,124
Jun 201265579.822.52$1,650
May 201266191.612.49$1,645
Apr 2012667101.652.00$1,332
Mar 2012693105.052.22$1,540
Feb 2012639101.102.57$1,642
Jan 201269198.092.73$1,889
Dec 201167996.873.24$2,200
Nov 201167495.723.31$2,232
Oct 201170584.983.65$2,572
Sep 201170283.623.99$2,798
Aug 201169883.404.15$2,896
Jul 201168994.144.52$3,112
Jun 201170792.904.64$3,280
May 201175498.134.40$3,321
Apr 2011642105.964.33$2,782
Mar 201171696.364.06$2,905
Feb 201165785.644.18$2,746
Jan 201171186.504.59$3,263
Dec 201073385.734.35$3,187
Nov 201071980.843.80$2,729
Oct 201076778.103.51$2,691
Sep 201075772.633.98$3,012
Aug 201083573.684.42$3,690
Jul 201081772.554.74$3,870
Jun 201070370.364.91$3,452
May 201060971.124.24$2,579
Apr 201078781.694.12$3,245
Mar 201074278.394.39$3,256
Feb 201069873.585.44$3,799
Jan 201077774.365.96$4,634
Dec 200977171.445.48$4,228
Nov 200976274.593.75$2,859
Oct 200979872.544.11$3,280
Sep 200977665.543.06$2,378
Aug 200983267.423.22$2,678
Jul 200990161.133.46$3,122
Jun 200939166.163.90$1,523
May 200979654.743.93$3,125
Apr 200978446.773.59$2,813
Mar 200978742.144.06$3,194
Feb 200971232.814.63$3,299
Jan 200981035.865.37$4,351
Dec 200881137.105.98$4,847
Nov 200880355.496.86$5,509
Oct 200885975.246.92$5,946
Sep 2008847101.767.88$6,672
Aug 2008849114.228.48$7,202
Jul 2008877131.0811.39$9,989
Jun 2008882131.3313.03$11,495
May 2008894123.1711.57$10,347
Apr 2008877110.3110.45$9,169
Mar 2008902101.909.66$8,717
Feb 200885392.538.77$7,481
Jan 200890090.388.21$7,385
Dec 200790188.337.30$6,579
Nov 200785891.677.29$6,256
Oct 200794282.856.92$6,521
Sep 200789475.846.24$5,582
Aug 20071,00169.066.39$6,394
Jul 20071,04470.906.39$6,669
Jun 20071,02262.007.55$7,715
May 20071,03658.747.85$8,129
Apr 200799059.617.81$7,727
Mar 20071,04656.927.30$7,638
Feb 200797655.108.22$8,019
Jan 20071,10250.306.73$7,413
Dec 200698856.656.92$6,835
Nov 20061,03454.207.62$7,876
Oct 20061,11554.906.01$6,705
Sep 20061,05860.085.04$5,329
Aug 200697968.717.34$7,186
Jul 20061,11669.376.34$7,079
Jun 20061,08466.286.38$6,920
May 20061,10366.016.42$7,087
Apr 20061,12464.397.36$8,273
Mar 20061,14456.707.08$8,103
Feb 20061,03057.597.75$7,984
Jan 20061,06660.598.93$9,523
Dec 20051,17054.9413.42$15,696
Nov 20051,17854.6910.59$12,473
Oct 20051,28158.3413.80$17,672
Sep 20051,33461.4512.08$16,113
Aug 20051,31261.519.80$12,853
Jul 20051,68055.697.84$13,177
Jun 2005052.337.38$0
May 200556445.226.65$3,751
Apr 20051,20749.207.36$8,884
Mar 20051,27150.377.15$9,094
Feb 20051,14345.226.31$7,215
Jan 20051,27843.166.32$8,080
Dec 20041,28439.866.75$8,668
Nov 20041,25745.286.33$7,957
Oct 20041,37749.706.52$8,971
Sep 20041,35943.245.28$7,181
Aug 20041,45542.375.55$8,076
Jul 20041,62738.286.08$9,899
Jun 20041,76036.106.43$11,322
May 20042,23237.486.49$14,496
Apr 200489634.475.86$5,249
Mar 200428234.365.53$1,560
Feb 200427532.455.51$1,515
Jan 20041,19132.036.30$7,503
Dec 200388130.266.30$5,552
Nov 20031,50928.804.60$6,934
Oct 20031,42628.174.76$6,787
Sep 20031,49926.314.75$7,119
Aug 20031,81729.765.13$9,321
Jul 20031,36129.415.17$7,038
Jun 20032,13628.565.98$12,780
May 200371026.595.97$4,241
Apr 2003026.675.41$0
Mar 2003031.146.10$0
Feb 2003033.487.93$0
Jan 2003030.315.58$0
Dec 2002026.914.85$0
Nov 2002024.664.14$0
Oct 2002026.464.23$0
Sep 2002027.443.64$0
Aug 2002025.963.16$0
Jul 2002024.583.06$0
Jun 2002023.733.34$0
May 2002024.663.58$0
Apr 2002023.653.51$0
Mar 2002022.003.10$0
Feb 2002018.222.38$0
Jan 2002017.172.38$0
Dec 2001016.932.36$0
Nov 2001018.072.41$0
Oct 2001019.782.53$0
Sep 2001024.262.25$0
Aug 2001024.873.05$0
Jul 2001023.933.20$0
Jun 2001024.563.82$0
May 2001025.524.31$0
Apr 2001024.685.34$0
Mar 2001024.545.38$0
Feb 2001027.755.77$0
Jan 2001027.478.40$0
Dec 2000026.889.12$0
Nov 2000032.215.66$0
Oct 2000031.235.15$0
Sep 2000031.875.19$0
Aug 2000029.644.54$0
Jul 2000028.534.09$0
Jun 2000029.304.40$0
May 2000027.263.68$0
Apr 2000024.513.12$0
Mar 2000028.422.86$0
Feb 2000027.622.73$0
Jan 2000025.272.48$0
Dec 1999024.282.42$0
Nov 1999023.192.43$0
Oct 1999020.982.80$0
Sep 1999021.752.62$0
Aug 1999019.262.88$0
Jul 1999017.892.37$0
Jun 1999015.942.36$0
May 1999015.792.32$0
Apr 1999015.102.21$0
Mar 1999012.471.84$0
Feb 199909.981.82$0
Jan 1999010.381.90$0
Dec 199809.201.77$0
Nov 1998010.892.19$0
Oct 1998012.421.97$0
Sep 1998012.592.08$0
Aug 199880011.301.91$1,526
Jul 19981,21711.742.24$2,723
Jun 19981,46711.242.24$3,282
May 19981,28412.622.21$2,833
Apr 199892813.042.51$2,325
Mar 199896812.802.31$2,236
Feb 19981,16713.952.30$2,683
Jan 199882714.702.15$1,782
Dec 19971,50516.322.41$3,629
Nov 199799418.193.09$3,070
Oct 19971,12119.253.15$3,531
Sep 19971,18417.742.95$3,499
Aug 19971,36417.862.55$3,485
Jul 19971,29417.582.25$2,908
Jun 19971,50117.242.26$3,388
May 19971,42818.972.31$3,297
Apr 19971,15217.882.08$2,399
Mar 19971,47118.951.94$2,852
Feb 19971,19320.492.21$2,632
Jan 19971,16923.483.54$4,138
Dec 19961,28523.32$0
Nov 19961,19521.97$0
Oct 19961,30923.31$0
Sep 19963,19522.22$0
Aug 19961,21920.26$0
Jul 19961,38519.55$0
Jun 19961,52118.73$0
May 19961,61419.43$0
Apr 19961,44221.51$0
Mar 19961,31219.38$0
Feb 19961,20616.98$0
Jan 19961,43117.07$0
Dec 19951,38217.19$0
Nov 19951,37716.00$0
Oct 19951,55515.43$0
Sep 19951,29716.18$0
Aug 19951,61315.92$0
Jul 19951,59315.24$0
Jun 19951,40016.41$0
May 19951,27717.56$0
Apr 19951,66817.73$0
Mar 19951,21316.44$0
Feb 19951,05216.58$0
Jan 19951,28215.92$0
Dec 19941,34815.03$0
Nov 19941,50015.90$0
Oct 19941,69715.58$0
Sep 19941,61915.29$0
Aug 19941,66016.13$0
Jul 19941,78917.56$0
Jun 19941,49517.09$0
May 19941,19015.88$0
Apr 19941,38514.14$0
Mar 19941,36912.46$0
Feb 19941,45912.50$0
Jan 19941,59212.66$0
Dec 19931,67812.33$0
Nov 19931,28514.49$0
Oct 19931,31215.85$0
Sep 19931,47615.03$0
Aug 19931,74415.66$0
Jul 19931,78715.46$0
Jun 19931,74216.79$0
May 19931,85917.68$0
Apr 19931,71218.05$0
Mar 19931,50418.14$0
Feb 19931,49917.90$0
Jan 19931,68916.93$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.

Apr 2026 — as filed, then multipliedworked
Gas                  390 Mcf  × $  2.87 =     $1,119

────────────────────────────────────────────────────
Month total                                   $1,119

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/59782 is the state's own key, not one this site invented.