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 61495District 10Field 68831200Hydrogen sulphide fieldNGPA filingGasSaveExport
Value, all time
$853 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
GasProduction237,552 Mcf$852,983
Total$852,983

40,624 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 35.5153, -101.8777. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.51527, -101.87769 · 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
1,953 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 1,953 ft.

Completions filed
Dec 1974
1 of 1 wells

1 well

42-3753023292R1,953 ftDec 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 202638898.932.87$1,113
Mar 202640489.753.15$1,272
Feb 202633863.503.75$1,268
Jan 202639759.138.00$3,175
Dec 202540156.664.41$1,770
Nov 202539358.593.93$1,543
Oct 202541659.383.30$1,375
Sep 202539762.743.08$1,222
Aug 202540563.933.01$1,221
Jul 202542866.743.32$1,419
Jun 202541166.483.13$1,286
May 202541960.553.23$1,354
Apr 202540562.363.54$1,435
Mar 202535567.704.27$1,515
Feb 202528670.884.34$1,241
Jan 202539874.324.28$1,703
Dec 202440868.993.12$1,274
Nov 202437869.052.20$831
Oct 202440771.372.28$929
Sep 202439369.612.36$929
Aug 202440875.632.06$842
Jul 202442779.932.15$917
Jun 202441578.082.63$1,093
May 202442278.812.20$928
Apr 202440884.451.66$677
Mar 202442080.301.55$649
Feb 202438076.091.78$678
Jan 202441373.023.30$1,362
Dec 202342671.262.61$1,112
Nov 202341677.892.81$1,168
Oct 202342085.443.09$1,297
Sep 202342489.042.74$1,160
Aug 202343580.522.67$1,163
Jul 202359574.852.64$1,572
Jun 202344868.962.26$1,012
May 202345970.622.23$1,022
Apr 202344478.122.24$994
Mar 202345772.852.39$1,094
Feb 202342075.112.47$1,036
Jan 202345776.533.39$1,548
Dec 202246076.415.73$2,635
Nov 202245585.005.65$2,569
Oct 202243287.185.86$2,533
Sep 202246184.888.16$3,763
Aug 202248294.529.13$4,399
Jul 2022489101.587.54$3,688
Jun 2022468115.097.98$3,733
May 2022399109.378.43$3,365
Apr 2022399104.226.84$2,728
Mar 2022448108.885.08$2,274
Feb 202241391.054.86$2,007
Jan 202244181.844.54$2,001
Dec 202144671.323.90$1,739
Nov 202146077.435.24$2,409
Oct 202149879.795.71$2,846
Sep 202136469.865.35$1,948
Aug 202150366.024.22$2,123
Jul 202148670.783.98$1,935
Jun 202149069.493.38$1,657
May 202153563.483.02$1,614
Apr 202128760.362.76$792
Mar 202149861.302.72$1,353
Feb 202121457.805.55$1,187
Jan 202147450.412.81$1,332
Dec 202048344.642.68$1,292
Nov 202045438.772.71$1,229
Oct 202042036.972.48$1,041
Sep 202047837.091.99$952
Aug 202047939.982.39$1,142
Jul 202049438.371.83$902
Jun 202047534.901.69$803
May 202045716.921.81$829
Apr 202047214.751.80$852
Mar 202046930.341.86$871
Feb 202043049.881.98$852
Jan 202047057.252.09$985
Dec 201947859.012.30$1,101
Nov 201946655.302.75$1,282
Oct 201948853.472.42$1,180
Sep 201947955.052.66$1,273
Aug 201948453.112.30$1,115
Jul 201950056.272.46$1,230
Jun 201949052.782.49$1,221
May 201951558.482.74$1,411
Apr 201952162.632.75$1,433
Mar 201944256.803.06$1,353
Feb 201949550.852.79$1,382
Jan 201956246.033.23$1,814
Dec 2018046.594.19$0
Nov 2018052.934.24$0
Oct 201859461.443.40$2,018
Sep 201859359.543.11$1,843
Aug 201861459.403.07$1,883
Jul 201867965.142.93$1,991
Jun 201858560.183.08$1,800
May 201831865.382.90$922
Apr 201842663.842.90$1,236
Mar 201817561.222.79$488
Feb 201852261.782.77$1,444
Jan 201864962.874.01$2,602
Dec 201774357.272.92$2,171
Nov 201760655.423.12$1,890
Oct 20179849.292.98$292
Sep 20172647.523.09$80
Aug 20173745.373.00$111
Jul 201720343.873.09$627
Jun 201748042.493.09$1,482
May 201758445.373.26$1,906
Apr 201751447.933.21$1,651
Mar 201753046.772.98$1,581
Feb 201753350.452.95$1,574
Jan 201759649.413.42$2,038
Dec 201656348.763.72$2,096
Nov 201669842.492.64$1,846
Oct 201610346.193.09$318
Sep 20166341.553.10$195
Aug 201651441.442.92$1,503
Jul 201655741.622.92$1,629
Jun 201650645.352.69$1,359
May 201654442.521.99$1,083
Apr 201654236.561.99$1,079
Mar 201656333.011.79$1,010
Feb 201647926.472.06$988
Jan 201654727.352.36$1,293
Dec 201556132.362.00$1,123
Nov 201555538.792.17$1,203
Oct 201557543.552.43$1,395
Sep 201556842.992.76$1,567
Aug 201558440.162.87$1,678
Jul 201558148.152.95$1,711
Jun 201561156.152.88$1,761
May 201529855.212.96$881
Apr 201556249.822.71$1,521
Mar 201558142.892.93$1,705
Feb 201550444.662.98$1,500
Jan 201558843.433.10$1,823
Dec 201459654.693.59$2,140
Nov 201458870.464.25$2,500
Oct 201460378.303.90$2,352
Sep 201452986.164.05$2,140
Aug 201435589.394.04$1,432
Jul 201458096.564.18$2,424
Jun 201454898.164.74$2,596
May 201458294.734.73$2,751
Apr 201456595.944.81$2,717
Mar 201458295.895.06$2,943
Feb 201450197.406.19$3,102
Jan 201458290.404.86$2,829
Dec 201358891.824.35$2,560
Nov 201356188.853.74$2,097
Oct 201360597.423.78$2,287
Sep 2013592104.113.72$2,201
Aug 2013625104.253.52$2,202
Jul 2013636102.523.72$2,364
Jun 201365494.403.93$2,572
May 201336794.834.15$1,523
Apr 201358593.964.28$2,505
Mar 201359193.623.91$2,313
Feb 201353591.233.42$1,830
Jan 201358991.603.42$2,014
Dec 201260286.773.42$2,059
Nov 201259286.953.62$2,146
Oct 201261089.383.40$2,074
Sep 201261094.672.92$1,780
Aug 201263392.662.91$1,841
Jul 201263885.133.02$1,927
Jun 201263179.822.52$1,590
May 201257791.612.49$1,436
Apr 2012616101.652.00$1,230
Mar 2012628105.052.22$1,395
Feb 2012589101.102.57$1,514
Jan 201262898.092.73$1,717
Dec 201164196.873.24$2,077
Nov 201163395.723.31$2,096
Oct 201167184.983.65$2,448
Sep 201165783.623.99$2,619
Aug 201169183.404.15$2,867
Jul 201162694.144.52$2,828
Jun 201164492.904.64$2,988
May 201167698.134.40$2,978
Apr 2011672105.964.33$2,912
Mar 201166896.364.06$2,710
Feb 201159785.644.18$2,495
Jan 201168086.504.59$3,120
Dec 201069985.734.35$3,039
Nov 201066580.843.80$2,524
Oct 201070778.103.51$2,481
Sep 201068972.633.98$2,742
Aug 201070973.684.42$3,133
Jul 201071572.554.74$3,387
Jun 201068670.364.91$3,369
May 201067071.124.24$2,838
Apr 201069481.694.12$2,861
Mar 201069378.394.39$3,041
Feb 201061773.585.44$3,358
Jan 201068874.365.96$4,103
Dec 200969971.445.48$3,833
Nov 200969974.593.75$2,622
Oct 200972872.544.11$2,992
Sep 200972365.543.06$2,216
Aug 200973967.423.22$2,378
Jul 200976661.133.46$2,654
Jun 200975066.163.90$2,921
May 200974854.743.93$2,936
Apr 200974946.773.59$2,687
Mar 200977042.144.06$3,125
Feb 200969232.814.63$3,206
Jan 200972835.865.37$3,910
Dec 200877937.105.98$4,656
Nov 200877155.496.86$5,289
Oct 200882875.246.92$5,731
Sep 2008814101.767.88$6,412
Aug 2008856114.228.48$7,261
Jul 2008874131.0811.39$9,954
Jun 2008829131.3313.03$10,804
May 2008864123.1711.57$10,000
Apr 2008849110.3110.45$8,876
Mar 2008875101.909.66$8,456
Feb 200883192.538.77$7,288
Jan 200892290.388.21$7,566
Dec 200795488.337.30$6,966
Nov 200794691.677.29$6,898
Oct 200798682.856.92$6,825
Sep 200799275.846.24$6,194
Aug 20071,10869.066.39$7,078
Jul 20071,12070.906.39$7,154
Jun 20071,24962.007.55$9,428
May 20071,12858.747.85$8,851
Apr 20071,01959.617.81$7,954
Mar 200771856.927.30$5,243
Feb 200742455.108.22$3,484
Jan 200768950.306.73$4,635
Dec 20061,21356.656.92$8,392
Nov 20061,39754.207.62$10,642
Oct 20061,27254.906.01$7,650
Sep 200619560.085.04$982
Aug 200624468.717.34$1,791
Jul 200658869.376.34$3,730
Jun 200658866.286.38$3,754
May 200644266.016.42$2,840
Apr 200663964.397.36$4,703
Mar 200663356.707.08$4,483
Feb 200644557.597.75$3,449
Jan 200638660.598.93$3,448
Dec 200547654.9413.42$6,386
Nov 200549054.6910.59$5,188
Oct 200551458.3413.80$7,091
Sep 200548961.4512.08$5,907
Aug 200558061.519.80$5,682
Jul 200546855.697.84$3,671
Jun 2005052.337.38$0
May 200520945.226.65$1,390
Apr 200551949.207.36$3,820
Mar 200553850.377.15$3,849
Feb 200547145.226.31$2,973
Jan 200512943.166.32$816
Dec 200412139.866.75$817
Nov 200434945.286.33$2,209
Oct 200449449.706.52$3,218
Sep 200451343.245.28$2,711
Aug 200454242.375.55$3,008
Jul 200459838.286.08$3,638
Jun 200465036.106.43$4,181
May 200423637.486.49$1,533
Apr 200454534.475.86$3,193
Mar 200448734.365.53$2,693
Feb 20043032.455.51$165
Jan 20049032.036.30$567
Dec 200326530.266.30$1,670
Nov 200351828.804.60$2,380
Oct 200350228.174.76$2,389
Sep 200350126.314.75$2,379
Aug 200357729.765.13$2,960
Jul 200358929.415.17$3,046
Jun 200352128.565.98$3,117
May 200350026.595.97$2,986
Apr 200350926.675.41$2,752
Mar 200334431.146.10$2,097
Feb 200332533.487.93$2,576
Jan 200354030.315.58$3,014
Dec 200270326.914.85$3,412
Nov 200260624.664.14$2,507
Oct 200254926.464.23$2,322
Sep 200252827.443.64$1,919
Aug 200256225.963.16$1,778
Jul 200256924.583.06$1,742
Jun 200256623.733.34$1,889
May 200256724.663.58$2,032
Apr 200246723.653.51$1,640
Mar 200249422.003.10$1,533
Feb 200247818.222.38$1,136
Jan 200251117.172.38$1,214
Dec 200155716.932.36$1,317
Nov 200161018.072.41$1,467
Oct 200164119.782.53$1,621
Sep 200159824.262.25$1,346
Aug 200171724.873.05$2,189
Jul 200154623.933.20$1,746
Jun 200150824.563.82$1,943
May 200156825.524.31$2,447
Apr 200152424.685.34$2,796
Mar 200143924.545.38$2,360
Feb 200156927.755.77$3,281
Jan 200135427.478.40$2,973
Dec 200046226.889.12$4,215
Nov 200059332.215.66$3,355
Oct 200067431.235.15$3,468
Sep 200069731.875.19$3,615
Aug 200083329.644.54$3,782
Jul 200039928.534.09$1,632
Jun 200070729.304.40$3,109
May 200053827.263.68$1,980
Apr 200045724.513.12$1,424
Mar 200075528.422.86$2,159
Feb 200050327.622.73$1,371
Jan 200013525.272.48$335
Dec 199959924.282.42$1,452
Nov 199958923.192.43$1,434
Oct 199965020.982.80$1,822
Sep 199967021.752.62$1,755
Aug 199971419.262.88$2,053
Jul 199969817.892.37$1,656
Jun 199972315.942.36$1,708
May 199974215.792.32$1,722
Apr 199941415.102.21$914
Mar 199951812.471.84$952
Feb 19995559.981.82$1,009
Jan 199965310.381.90$1,241
Dec 19986489.201.77$1,149
Nov 199867010.892.19$1,464
Oct 199871312.421.97$1,404
Sep 199871512.592.08$1,489
Aug 199874411.301.91$1,419
Jul 199874811.742.24$1,673
Jun 199880811.242.24$1,808
May 199876712.622.21$1,692
Apr 199868313.042.51$1,711
Mar 199879912.802.31$1,845
Feb 199869413.952.30$1,596
Jan 199868714.702.15$1,480
Dec 199785816.322.41$2,069
Nov 199749918.193.09$1,541
Oct 199776119.253.15$2,397
Sep 199780317.742.95$2,373
Aug 199782617.862.55$2,110
Jul 199782217.582.25$1,847
Jun 199783017.242.26$1,873
May 199781618.972.31$1,884
Apr 199771717.882.08$1,493
Mar 199781918.951.94$1,588
Feb 199774220.492.21$1,637
Jan 199780623.483.54$2,853
Dec 199679123.32$0
Nov 199673821.97$0
Oct 199682823.31$0
Sep 19961,11822.22$0
Aug 199679120.26$0
Jul 199672719.55$0
Jun 199682118.73$0
May 199686819.43$0
Apr 199679921.51$0
Mar 199681219.38$0
Feb 199673516.98$0
Jan 199682517.07$0
Dec 199588717.19$0
Nov 199587616.00$0
Oct 199590315.43$0
Sep 199568916.18$0
Aug 199551815.92$0
Jul 199562015.24$0
Jun 199585216.41$0
May 199579217.56$0
Apr 199579317.73$0
Mar 199575216.44$0
Feb 199569616.58$0
Jan 199580315.92$0
Dec 199479815.03$0
Nov 199480915.90$0
Oct 199490115.58$0
Sep 199489715.29$0
Aug 199493616.13$0
Jul 199497717.56$0
Jun 199478717.09$0
May 199476915.88$0
Apr 199488714.14$0
Mar 199474812.46$0
Feb 199481212.50$0
Jan 199491012.66$0
Dec 199395112.33$0
Nov 199391814.49$0
Oct 199390915.85$0
Sep 199395115.03$0
Aug 19931,00015.66$0
Jul 199397915.46$0
Jun 199396816.79$0
May 19931,00917.68$0
Apr 199399818.05$0
Mar 199389118.14$0
Feb 199385717.90$0
Jan 199392816.93$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                  388 Mcf  × $  2.87 =     $1,113

────────────────────────────────────────────────────
Month total                                   $1,113

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/61495 is the state's own key, not one this site invented.