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 59784District 10Field 68831200Hydrogen sulphide fieldNGPA filingGasSaveExport
Value, all time
$740 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
GasProduction207,314 Mcf$740,145
Total$740,145

40,190 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 35.5138, -101.8472. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.51381, -101.84717 · 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
1,898 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 1,898 ft.

Completions filed
Sep 1974
1 of 1 wells

1 well

42-3753020083R1,898 ftSep 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 2019659.012.30$14
Nov 20193255.302.75$88
Oct 20198053.472.42$193
Sep 201933755.052.66$896
Aug 201997153.112.30$2,238
Jul 201950256.272.46$1,235
Jun 201910352.782.49$257
May 20192858.482.74$77
Apr 2019062.632.75$0
Mar 201914156.803.06$432
Feb 201948150.852.79$1,343
Jan 201955746.033.23$1,798
Dec 2018046.594.19$0
Nov 2018052.934.24$0
Oct 201855761.443.40$1,893
Sep 201854259.543.11$1,685
Aug 201857059.403.07$1,748
Jul 201859265.142.93$1,736
Jun 201866260.183.08$2,037
May 201838765.382.90$1,123
Apr 201865663.842.90$1,903
Mar 201811961.222.79$332
Feb 201849761.782.77$1,375
Jan 201857662.874.01$2,309
Dec 201755957.272.92$1,633
Nov 201758955.423.12$1,837
Oct 201757149.292.98$1,704
Sep 201755047.523.09$1,698
Aug 201757645.373.00$1,731
Jul 201751543.873.09$1,590
Jun 201757742.493.09$1,781
May 201759545.373.26$1,942
Apr 201756947.933.21$1,827
Mar 201757046.772.98$1,701
Feb 201751050.452.95$1,506
Jan 201760249.413.42$2,058
Dec 201654448.763.72$2,025
Nov 201655042.492.64$1,454
Oct 201654946.193.09$1,697
Sep 201651141.553.10$1,584
Aug 201654941.442.92$1,605
Jul 201655441.622.92$1,620
Jun 201654045.352.69$1,450
May 201657042.521.99$1,135
Apr 201655736.561.99$1,109
Mar 201657533.011.79$1,032
Feb 201651526.472.06$1,063
Jan 201657927.352.36$1,369
Dec 201559532.362.00$1,191
Nov 201558638.792.17$1,270
Oct 201561243.552.43$1,485
Sep 201559342.992.76$1,636
Aug 201561840.162.87$1,775
Jul 201563148.152.95$1,858
Jun 201568156.152.88$1,963
May 201538455.212.96$1,135
Apr 201558549.822.71$1,583
Mar 201563342.892.93$1,858
Feb 201551444.662.98$1,530
Jan 201563443.433.10$1,966
Dec 201460254.693.59$2,162
Nov 201458870.464.25$2,500
Oct 201460978.303.90$2,376
Sep 201452886.164.05$2,136
Aug 201453989.394.04$2,175
Jul 201460396.564.18$2,520
Jun 201458898.164.74$2,785
May 201461194.734.73$2,888
Apr 201455495.944.81$2,664
Mar 201458295.895.06$2,943
Feb 201452397.406.19$3,238
Jan 201459990.404.86$2,912
Dec 201359791.824.35$2,600
Nov 201358288.853.74$2,176
Oct 201359897.423.78$2,260
Sep 2013592104.113.72$2,201
Aug 2013632104.253.52$2,226
Jul 2013649102.523.72$2,413
Jun 201366794.403.93$2,624
May 201348794.834.15$2,021
Apr 201360893.964.28$2,604
Mar 201360593.623.91$2,367
Feb 201354391.233.42$1,857
Jan 201361691.603.42$2,107
Dec 201262986.773.42$2,151
Nov 201260886.953.62$2,204
Oct 201261689.383.40$2,094
Sep 201259294.672.92$1,728
Aug 201260592.662.91$1,759
Jul 201264585.133.02$1,948
Jun 201265479.822.52$1,647
May 201265391.612.49$1,625
Apr 2012649101.652.00$1,296
Mar 2012645105.052.22$1,433
Feb 2012605101.102.57$1,555
Jan 201265098.092.73$1,777
Dec 201166596.873.24$2,154
Nov 201165695.723.31$2,172
Oct 201169184.983.65$2,521
Sep 201167583.623.99$2,690
Aug 201170383.404.15$2,917
Jul 201166694.144.52$3,008
Jun 201167192.904.64$3,113
May 201171798.134.40$3,158
Apr 2011679105.964.33$2,942
Mar 201168696.364.06$2,783
Feb 201157685.644.18$2,408
Jan 201169386.504.59$3,180
Dec 201071785.734.35$3,117
Nov 201070180.843.80$2,661
Oct 201070978.103.51$2,488
Sep 201068872.633.98$2,738
Aug 201071973.684.42$3,178
Jul 201073272.554.74$3,467
Jun 201070870.364.91$3,477
May 201060371.124.24$2,554
Apr 201070481.694.12$2,902
Mar 201071578.394.39$3,138
Feb 201063673.585.44$3,461
Jan 201069474.365.96$4,139
Dec 200971871.445.48$3,937
Nov 200971274.593.75$2,671
Oct 200975672.544.11$3,107
Sep 200974265.543.06$2,274
Aug 200977667.423.22$2,498
Jul 200982661.133.46$2,862
Jun 200957966.163.90$2,255
May 200977854.743.93$3,054
Apr 200975146.773.59$2,694
Mar 200974742.144.06$3,032
Feb 200967832.814.63$3,141
Jan 200976135.865.37$4,087
Dec 200878637.105.98$4,698
Nov 200877355.496.86$5,303
Oct 200880775.246.92$5,586
Sep 2008788101.767.88$6,207
Aug 2008824114.228.48$6,990
Jul 2008834131.0811.39$9,499
Jun 2008822131.3313.03$10,713
May 2008845123.1711.57$9,780
Apr 2008824110.3110.45$8,615
Mar 2008853101.909.66$8,243
Feb 200877192.538.77$6,762
Jan 200883390.388.21$6,835
Dec 200785488.337.30$6,236
Nov 200782891.677.29$6,038
Oct 200789682.856.92$6,202
Sep 200787975.846.24$5,489
Aug 200796069.066.39$6,132
Jul 20071,01870.906.39$6,503
Jun 200799962.007.55$7,541
May 20071,01058.747.85$7,925
Apr 20071,01459.617.81$7,914
Mar 20071,06556.927.30$7,777
Feb 200799255.108.22$8,150
Jan 20071,27450.306.73$8,570
Dec 20061,27756.656.92$8,835
Nov 20061,61754.207.62$12,317
Oct 200668454.906.01$4,113
Sep 20066360.085.04$317
Aug 2006068.717.34$0
Jul 200625469.376.34$1,611
Jun 200631066.286.38$1,979
May 200621066.016.42$1,349
Apr 200630964.397.36$2,274
Mar 200632656.707.08$2,309
Feb 200631057.597.75$2,403
Jan 200630560.598.93$2,725
Dec 200529254.9413.42$3,917
Nov 200527354.6910.59$2,891
Oct 200524458.3413.80$3,366
Sep 200553561.4512.08$6,462
Aug 200556461.519.80$5,525
Jul 200554355.697.84$4,259
Jun 2005052.337.38$0
May 200523845.226.65$1,583
Apr 200549849.207.36$3,666
Mar 200552650.377.15$3,763
Feb 200543045.226.31$2,714
Jan 200554143.166.32$3,420
Dec 200448739.866.75$3,288
Nov 200450345.286.33$3,184
Oct 200453349.706.52$3,473
Sep 200451843.245.28$2,737
Aug 200453842.375.55$2,986
Jul 200454938.286.08$3,340
Jun 200456236.106.43$3,615
May 200447637.486.49$3,091
Apr 200450834.475.86$2,976
Mar 200455334.365.53$3,058
Feb 200451232.455.51$2,821
Jan 200452532.036.30$3,307
Dec 200353430.266.30$3,365
Nov 200353328.804.60$2,449
Oct 200355428.174.76$2,637
Sep 200355526.314.75$2,636
Aug 200357429.765.13$2,944
Jul 200357229.415.17$2,958
Jun 200355228.565.98$3,303
May 200356326.595.97$3,363
Apr 200360626.675.41$3,277
Mar 200351931.146.10$3,164
Feb 200346533.487.93$3,686
Jan 200355330.315.58$3,087
Dec 200257826.914.85$2,805
Nov 200252124.664.14$2,155
Oct 200259526.464.23$2,516
Sep 200259527.443.64$2,163
Aug 200266025.963.16$2,088
Jul 200265524.583.06$2,005
Jun 200259523.733.34$1,986
May 200266924.663.58$2,398
Apr 200263323.653.51$2,223
Mar 200269522.003.10$2,156
Feb 200253618.222.38$1,273
Jan 200251417.172.38$1,221
Dec 200157116.932.36$1,350
Nov 200161818.072.41$1,487
Oct 200163119.782.53$1,596
Sep 200160924.262.25$1,371
Aug 200167524.873.05$2,061
Jul 200162723.933.20$2,005
Jun 200153924.563.82$2,061
May 200166725.524.31$2,873
Apr 200134024.685.34$1,814
Mar 200129524.545.38$1,586
Feb 200127827.755.77$1,603
Jan 200157627.478.40$4,838
Dec 200048226.889.12$4,397
Nov 200064332.215.66$3,638
Oct 200068231.235.15$3,509
Sep 200063631.875.19$3,299
Aug 200065629.644.54$2,979
Jul 200067028.534.09$2,740
Jun 200064829.304.40$2,849
May 200060627.263.68$2,230
Apr 200048324.513.12$1,505
Mar 200065628.422.86$1,876
Feb 200059027.622.73$1,609
Jan 200069425.272.48$1,721
Dec 199965424.282.42$1,585
Nov 199967423.192.43$1,641
Oct 199970720.982.80$1,982
Sep 199965321.752.62$1,710
Aug 199969119.262.88$1,987
Jul 199969517.892.37$1,649
Jun 199968715.942.36$1,623
May 199957215.792.32$1,328
Apr 199964715.102.21$1,429
Mar 199966112.471.84$1,215
Feb 19996069.981.82$1,102
Jan 199961210.381.90$1,163
Dec 19987139.201.77$1,264
Nov 199873410.892.19$1,604
Oct 199871112.421.97$1,400
Sep 199874312.592.08$1,547
Aug 199879511.301.91$1,516
Jul 199880711.742.24$1,805
Jun 199886511.242.24$1,935
May 199881512.622.21$1,798
Apr 199873013.042.51$1,829
Mar 199888912.802.31$2,053
Feb 199876613.952.30$1,761
Jan 199880514.702.15$1,735
Dec 199773616.322.41$1,775
Nov 199754218.193.09$1,674
Oct 199761619.253.15$1,940
Sep 199769917.742.95$2,065
Aug 199775017.862.55$1,916
Jul 199774617.582.25$1,676
Jun 199781317.242.26$1,835
May 199775818.972.31$1,750
Apr 199759317.882.08$1,235
Mar 199772318.951.94$1,402
Feb 199761720.492.21$1,361
Jan 199772023.483.54$2,549
Dec 199673123.32$0
Nov 199667321.97$0
Oct 199672723.31$0
Sep 19961,47022.22$0
Aug 199669220.26$0
Jul 199675719.55$0
Jun 199682518.73$0
May 199687919.43$0
Apr 199683921.51$0
Mar 199685419.38$0
Feb 199676516.98$0
Jan 199681817.07$0
Dec 199585217.19$0
Nov 199590916.00$0
Oct 19951,01415.43$0
Sep 199579516.18$0
Aug 199554315.92$0
Jul 199540915.24$0
Jun 199561216.41$0
May 199575917.56$0
Apr 199587917.73$0
Mar 199572416.44$0
Feb 199566316.58$0
Jan 199573915.92$0
Dec 199483615.03$0
Nov 199488415.90$0
Oct 199496915.58$0
Sep 199492415.29$0
Aug 199498116.13$0
Jul 19941,02317.56$0
Jun 199487317.09$0
May 199471615.88$0
Apr 199483614.14$0
Mar 199479812.46$0
Feb 199481512.50$0
Jan 199496612.66$0
Dec 199397512.33$0
Nov 199377114.49$0
Oct 199378415.85$0
Sep 199383015.03$0
Aug 199392515.66$0
Jul 199392815.46$0
Jun 199389716.79$0
May 199396617.68$0
Apr 199393618.05$0
Mar 199385718.14$0
Feb 199382817.90$0
Jan 199394416.93$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.

Dec 2019 — as filed, then multipliedworked
Gas                    6 Mcf  × $  2.30 =        $14

────────────────────────────────────────────────────
Month total                                      $14

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/59784 is the state's own key, not one this site invented.