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 59783District 10Field 68831200Hydrogen sulphide fieldNGPA filingGasSaveExport
Value, all time
$839 k
Jan 1993 – May 2026
Value, last 12 filed months
$23 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
GasProduction264,684 Mcf$839,022
Total$839,022

66,145 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 35.4937, -101.7869. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.49374, -101.78688 · 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
1,645 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 1,645 ft.

1 well

42-3753019885R1,645 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 202653298.932.87$1,527
Mar 202656789.753.15$1,786
Feb 202647863.503.75$1,793
Jan 202654559.138.00$4,359
Dec 202556356.664.41$2,485
Nov 202554458.593.93$2,136
Oct 202556959.383.30$1,880
Sep 202555862.743.08$1,717
Aug 202553263.933.01$1,604
Jul 202557066.743.32$1,890
Jun 202556466.483.13$1,765
May 202558860.553.23$1,901
Apr 202554662.363.54$1,935
Mar 202558467.704.27$2,493
Feb 202539670.884.34$1,719
Jan 202554674.324.28$2,336
Dec 202453568.993.12$1,670
Nov 202452869.052.20$1,161
Oct 202454971.372.28$1,252
Sep 202453169.612.36$1,255
Aug 202454975.632.06$1,133
Jul 202455679.932.15$1,194
Jun 202453578.082.63$1,409
May 202455678.812.20$1,222
Apr 202453484.451.66$886
Mar 202455480.301.55$856
Feb 202452476.091.78$935
Jan 202450173.023.30$1,652
Dec 202350171.262.61$1,308
Nov 202350577.892.81$1,418
Oct 202353085.443.09$1,636
Sep 202351189.042.74$1,398
Aug 202353080.522.67$1,417
Jul 202390874.852.64$2,399
Jun 202351168.962.26$1,154
May 202352170.622.23$1,160
Apr 202351378.122.24$1,148
Mar 202351372.852.39$1,228
Feb 202346575.112.47$1,147
Jan 202352576.533.39$1,779
Dec 202250476.415.73$2,887
Nov 202250685.005.65$2,857
Oct 202252287.185.86$3,061
Sep 202251384.888.16$4,188
Aug 202252794.529.13$4,810
Jul 2022537101.587.54$4,050
Jun 2022516115.097.98$4,116
May 2022553109.378.43$4,663
Apr 2022529104.226.84$3,617
Mar 2022556108.885.08$2,822
Feb 202245191.054.86$2,191
Jan 202250081.844.54$2,269
Dec 202152571.323.90$2,047
Nov 202151577.435.24$2,697
Oct 202153979.795.71$3,080
Sep 202152769.865.35$2,820
Aug 202154966.024.22$2,317
Jul 202155770.783.98$2,218
Jun 202154269.493.38$1,832
May 202156763.483.02$1,711
Apr 202132460.362.76$894
Mar 202157261.302.72$1,554
Feb 202126857.805.55$1,487
Jan 202152650.412.81$1,478
Dec 202051844.642.68$1,386
Nov 202049838.772.71$1,348
Oct 202046736.972.48$1,157
Sep 202050337.091.99$1,001
Aug 202052039.982.39$1,240
Jul 202052438.371.83$956
Jun 202050934.901.69$860
May 202053616.921.81$973
Apr 202053614.751.80$967
Mar 202040530.341.86$752
Feb 202029649.881.98$586
Jan 202041257.252.09$863
Dec 201943459.012.30$1,000
Nov 201945555.302.75$1,252
Oct 201945453.472.42$1,098
Sep 201944955.052.66$1,193
Aug 201949953.112.30$1,150
Jul 201947956.272.46$1,178
Jun 201945552.782.49$1,134
May 201945458.482.74$1,244
Apr 201943462.632.75$1,194
Mar 201940756.803.06$1,246
Feb 201937750.852.79$1,053
Jan 201945946.033.23$1,482
Dec 2018046.594.19$0
Nov 2018052.934.24$0
Oct 201844761.443.40$1,519
Sep 201845059.543.11$1,399
Aug 201848559.403.07$1,487
Jul 201851465.142.93$1,507
Jun 201857660.183.08$1,772
May 201830265.382.90$876
Apr 201847363.842.90$1,372
Mar 20189861.222.79$273
Feb 201819861.782.77$548
Jan 201810162.874.01$405
Dec 201740157.272.92$1,172
Nov 201749455.423.12$1,540
Oct 201727549.292.98$821
Sep 201726547.523.09$818
Aug 201729645.373.00$889
Jul 201724543.873.09$756
Jun 201739542.493.09$1,219
May 201743145.373.26$1,407
Apr 201741947.933.21$1,346
Mar 201743546.772.98$1,298
Feb 201737150.452.95$1,095
Jan 201744449.413.42$1,518
Dec 201641148.763.72$1,530
Nov 201649642.492.64$1,312
Oct 201629046.193.09$896
Sep 2016041.553.10$0
Aug 201638341.442.92$1,120
Jul 201645141.622.92$1,319
Jun 201643145.352.69$1,158
May 201646742.521.99$930
Apr 201645836.561.99$912
Mar 201646633.011.79$836
Feb 201638326.472.06$790
Jan 201647227.352.36$1,116
Dec 201549032.362.00$981
Nov 201547938.792.17$1,038
Oct 201550243.552.43$1,218
Sep 201549942.992.76$1,376
Aug 201551340.162.87$1,474
Jul 201548848.152.95$1,437
Jun 201553956.152.88$1,554
May 201528155.212.96$830
Apr 201549049.822.71$1,326
Mar 201549242.892.93$1,444
Feb 201543544.662.98$1,295
Jan 201547943.433.10$1,485
Dec 201453154.693.59$1,907
Nov 201445270.464.25$1,922
Oct 201448078.303.90$1,872
Sep 201420686.164.05$833
Aug 201431889.394.04$1,283
Jul 201436096.564.18$1,505
Jun 201435198.164.74$1,663
May 201426794.734.73$1,262
Apr 201448495.944.81$2,328
Mar 201450895.895.06$2,569
Feb 201439897.406.19$2,464
Jan 201450190.404.86$2,435
Dec 201349391.824.35$2,147
Nov 201348788.853.74$1,821
Oct 201350897.423.78$1,920
Sep 2013493104.113.72$1,833
Aug 2013514104.253.52$1,811
Jul 2013512102.523.72$1,903
Jun 201352594.403.93$2,065
May 201337494.834.15$1,552
Apr 201348593.964.28$2,077
Mar 201349693.623.91$1,941
Feb 201345591.233.42$1,556
Jan 201350091.603.42$1,710
Dec 201251386.773.42$1,755
Nov 201249886.953.62$1,805
Oct 201251189.383.40$1,737
Sep 201250994.672.92$1,485
Aug 201253092.662.91$1,541
Jul 201254085.133.02$1,631
Jun 201249679.822.52$1,249
May 201248991.612.49$1,217
Apr 2012510101.652.00$1,018
Mar 2012535105.052.22$1,189
Feb 2012498101.102.57$1,280
Jan 201251698.092.73$1,411
Dec 201152296.873.24$1,691
Nov 201151095.723.31$1,689
Oct 201153484.983.65$1,948
Sep 201152883.623.99$2,105
Aug 201154583.404.15$2,261
Jul 201150094.144.52$2,259
Jun 201151292.904.64$2,376
May 201152298.134.40$2,299
Apr 2011510105.964.33$2,210
Mar 201152196.364.06$2,114
Feb 201146785.644.18$1,952
Jan 201152886.504.59$2,423
Dec 201053685.734.35$2,330
Nov 201052780.843.80$2,000
Oct 201054978.103.51$1,926
Sep 201052572.633.98$2,089
Aug 201055173.684.42$2,435
Jul 201055572.554.74$2,629
Jun 201053470.364.91$2,622
May 201050271.124.24$2,126
Apr 201055281.694.12$2,276
Mar 201055578.394.39$2,436
Feb 201047273.585.44$2,569
Jan 201055774.365.96$3,322
Dec 200953271.445.48$2,917
Nov 200954674.593.75$2,048
Oct 200956672.544.11$2,326
Sep 200954865.543.06$1,679
Aug 200956567.423.22$1,818
Jul 200957361.133.46$1,985
Jun 200955566.163.90$2,162
May 200957754.743.93$2,265
Apr 200957246.773.59$2,052
Mar 200957642.144.06$2,338
Feb 200952032.814.63$2,409
Jan 200958235.865.37$3,126
Dec 200858637.105.98$3,503
Nov 200858355.496.86$4,000
Oct 200859875.246.92$4,139
Sep 2008590101.767.88$4,647
Aug 2008612114.228.48$5,192
Jul 2008616131.0811.39$7,016
Jun 2008598131.3313.03$7,794
May 2008590123.1711.57$6,829
Apr 2008567110.3110.45$5,928
Mar 2008614101.909.66$5,934
Feb 200851392.538.77$4,499
Jan 200854290.388.21$4,448
Dec 200758688.337.30$4,279
Nov 200755291.677.29$4,025
Oct 200758182.856.92$4,022
Sep 200752675.846.24$3,284
Aug 200741869.066.39$2,670
Jul 200762070.906.39$3,961
Jun 200759562.007.55$4,491
May 200752258.747.85$4,096
Apr 200758359.617.81$4,550
Mar 200750656.927.30$3,695
Feb 200756255.108.22$4,617
Jan 200760950.306.73$4,097
Dec 200656856.656.92$3,930
Nov 200659554.207.62$4,532
Oct 200670854.906.01$4,258
Sep 200663660.085.04$3,204
Aug 200664768.717.34$4,749
Jul 200670469.376.34$4,465
Jun 200649466.286.38$3,154
May 200663166.016.42$4,054
Apr 200668464.397.36$5,035
Mar 200657056.707.08$4,037
Feb 200654457.597.75$4,217
Jan 200670960.598.93$6,334
Dec 200568254.9413.42$9,149
Nov 200541954.6910.59$4,437
Oct 200569458.3413.80$9,574
Sep 200570861.4512.08$8,552
Aug 200576861.519.80$7,524
Jul 200558955.697.84$4,620
Jun 2005052.337.38$0
May 200530645.226.65$2,035
Apr 200563649.207.36$4,681
Mar 200562450.377.15$4,465
Feb 200553345.226.31$3,364
Jan 200557643.166.32$3,642
Dec 200464639.866.75$4,361
Nov 200456145.286.33$3,551
Oct 200468349.706.52$4,450
Sep 200466743.245.28$3,524
Aug 200471442.375.55$3,963
Jul 200471138.286.08$4,326
Jun 200471836.106.43$4,619
May 200471137.486.49$4,618
Apr 200440834.475.86$2,390
Mar 200454334.365.53$3,003
Feb 200463532.455.51$3,499
Jan 200468932.036.30$4,340
Dec 200370230.266.30$4,424
Nov 200368928.804.60$3,166
Oct 200374828.174.76$3,560
Sep 200365426.314.75$3,106
Aug 200368729.765.13$3,524
Jul 200372129.415.17$3,728
Jun 200370728.565.98$4,230
May 200367126.595.97$4,008
Apr 200345326.675.41$2,450
Mar 200359031.146.10$3,597
Feb 200346533.487.93$3,686
Jan 200367330.315.58$3,757
Dec 200274626.914.85$3,621
Nov 200272224.664.14$2,987
Oct 200276026.464.23$3,214
Sep 200279127.443.64$2,875
Aug 200279925.963.16$2,528
Jul 200286924.583.06$2,661
Jun 200281923.733.34$2,734
May 200263524.663.58$2,276
Apr 200260223.653.51$2,114
Mar 200259622.003.10$1,849
Feb 200260318.222.38$1,433
Jan 200257017.172.38$1,354
Dec 200172516.932.36$1,714
Nov 200182618.072.41$1,987
Oct 200184319.782.53$2,132
Sep 200179824.262.25$1,797
Aug 200190924.873.05$2,775
Jul 200171423.933.20$2,283
Jun 200181524.563.82$3,117
May 200185225.524.31$3,670
Apr 200154024.685.34$2,881
Mar 200151324.545.38$2,758
Feb 200143327.755.77$2,497
Jan 200149127.478.40$4,124
Dec 200064226.889.12$5,857
Nov 200081232.215.66$4,594
Oct 200085431.235.15$4,394
Sep 200080631.875.19$4,180
Aug 200093329.644.54$4,237
Jul 200081628.534.09$3,337
Jun 200063629.304.40$2,797
May 200083327.263.68$3,065
Apr 200062424.513.12$1,944
Mar 200077028.422.86$2,202
Feb 200059027.622.73$1,609
Jan 200061025.272.48$1,513
Dec 199970424.282.42$1,706
Nov 199985123.192.43$2,071
Oct 199974820.982.80$2,097
Sep 199979621.752.62$2,085
Aug 199986119.262.88$2,476
Jul 199988917.892.37$2,109
Jun 199993615.942.36$2,211
May 199968615.792.32$1,592
Apr 199977315.102.21$1,707
Mar 199995512.471.84$1,756
Feb 19998379.981.82$1,521
Jan 199980210.381.90$1,524
Dec 19989039.201.77$1,601
Nov 199899010.892.19$2,164
Oct 199883712.421.97$1,648
Sep 19981,01412.592.08$2,112
Aug 199860011.301.91$1,144
Jul 199883711.742.24$1,873
Jun 199876111.242.24$1,703
May 199879612.622.21$1,756
Apr 199888613.042.51$2,220
Mar 199877212.802.31$1,783
Feb 199866613.952.30$1,531
Jan 199859214.702.15$1,276
Dec 199759616.322.41$1,437
Nov 199757518.193.09$1,776
Oct 199752719.253.15$1,660
Sep 199776617.742.95$2,263
Aug 19971,00217.862.55$2,560
Jul 19971,02517.582.25$2,303
Jun 19971,04217.242.26$2,352
May 199789718.972.31$2,071
Apr 199788517.882.08$1,843
Mar 199797818.951.94$1,896
Feb 199795820.492.21$2,113
Jan 19971,10823.483.54$3,922
Dec 199691223.32$0
Nov 199694121.97$0
Oct 19961,08223.31$0
Sep 19961,87722.22$0
Aug 199694720.26$0
Jul 19961,08519.55$0
Jun 19961,13318.73$0
May 19961,15619.43$0
Apr 19961,18621.51$0
Mar 19961,27319.38$0
Feb 19961,21516.98$0
Jan 19961,22517.07$0
Dec 19951,18717.19$0
Nov 19951,36916.00$0
Oct 19951,50715.43$0
Sep 19951,23516.18$0
Aug 199589415.92$0
Jul 199555515.24$0
Jun 19951,18916.41$0
May 199566617.56$0
Apr 19951,25117.73$0
Mar 199596116.44$0
Feb 199592316.58$0
Jan 19951,28515.92$0
Dec 199470415.03$0
Nov 199496515.90$0
Oct 19941,16815.58$0
Sep 19941,41015.29$0
Aug 19941,43616.13$0
Jul 19941,47117.56$0
Jun 19941,36117.09$0
May 19941,31015.88$0
Apr 19941,42914.14$0
Mar 19941,39312.46$0
Feb 19941,37612.50$0
Jan 19941,52912.66$0
Dec 19931,55612.33$0
Nov 19931,60114.49$0
Oct 19931,53915.85$0
Sep 19931,72415.03$0
Aug 19931,86515.66$0
Jul 19931,97515.46$0
Jun 19931,96816.79$0
May 19931,96317.68$0
Apr 19932,14518.05$0
Mar 19932,16918.14$0
Feb 19932,30817.90$0
Jan 19932,72616.93$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                  532 Mcf  × $  2.87 =     $1,527

────────────────────────────────────────────────────
Month total                                   $1,527

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/59783 is the state's own key, not one this site invented.