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 62220District 10Field 68831200Hydrogen sulphide fieldNGPA filingGasSaveExport
Value, all time
$463 k
Jan 1993 – May 2026
Value, last 12 filed months
$10 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
GasProduction135,356 Mcf$463,049
Total$463,049

28,336 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 35.5686, -101.7854. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.56855, -101.78536 · 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
1,972 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 1,972 ft.

Completions filed
Feb 1975
1 of 1 wells

1 well

42-3753023695R1,972 ftFeb 1975

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 202624098.932.87$689
Mar 202624889.753.15$781
Feb 202621763.503.75$814
Jan 202619459.138.00$1,552
Dec 202524456.664.41$1,077
Nov 202523858.593.93$934
Oct 202526159.383.30$863
Sep 202525262.743.08$775
Aug 202524163.933.01$727
Jul 202524866.743.32$822
Jun 202524566.483.13$767
May 202527260.553.23$879
Apr 202526362.363.54$932
Mar 202526467.704.27$1,127
Feb 202519970.884.34$864
Jan 202527974.324.28$1,194
Dec 202430468.993.12$949
Nov 202431369.052.20$688
Oct 202434671.372.28$789
Sep 202428569.612.36$674
Aug 202427675.632.06$570
Jul 202430879.932.15$661
Jun 202435478.082.63$932
May 2024478.812.20$9
Apr 2024084.451.66$0
Mar 2024080.301.55$0
Feb 2024776.091.78$12
Jan 20246073.023.30$198
Dec 202316671.262.61$433
Nov 202325377.892.81$710
Oct 202324185.443.09$744
Sep 202322889.042.74$624
Aug 202324080.522.67$641
Jul 20239174.852.64$240
Jun 202322368.962.26$504
May 202321970.622.23$488
Apr 202321378.122.24$477
Mar 202324872.852.39$594
Feb 202315175.112.47$372
Jan 202315276.533.39$515
Dec 202212676.415.73$722
Nov 202218785.005.65$1,056
Oct 202224187.185.86$1,413
Sep 202224084.888.16$1,959
Aug 202225294.529.13$2,300
Jul 2022270101.587.54$2,036
Jun 2022263115.097.98$2,098
May 2022270109.378.43$2,277
Apr 2022263104.226.84$1,798
Mar 2022273108.885.08$1,386
Feb 202224891.054.86$1,205
Jan 202227581.844.54$1,248
Dec 202127471.323.90$1,068
Nov 202126877.435.24$1,403
Oct 202127279.795.71$1,554
Sep 202125569.865.35$1,364
Aug 202126366.024.22$1,110
Jul 202127370.783.98$1,087
Jun 202126469.493.38$892
May 202126963.483.02$812
Apr 202125460.362.76$701
Mar 202130361.302.72$823
Feb 202116657.805.55$921
Jan 202128150.412.81$790
Dec 202028544.642.68$763
Nov 202028038.772.71$758
Oct 202028736.972.48$711
Sep 202028437.091.99$565
Aug 202029739.982.39$708
Jul 202030638.371.83$558
Jun 202028234.901.69$477
May 202027916.921.81$506
Apr 202027314.751.80$493
Mar 202030430.341.86$564
Feb 202014549.881.98$287
Jan 202029057.252.09$607
Dec 201929459.012.30$677
Nov 201929355.302.75$806
Oct 201930553.472.42$738
Sep 201929855.052.66$792
Aug 201930753.112.30$707
Jul 201930856.272.46$758
Jun 201928652.782.49$712
May 201929658.482.74$811
Apr 201929262.632.75$803
Mar 201931256.803.06$955
Feb 201929850.852.79$832
Jan 201936446.033.23$1,175
Dec 2018046.594.19$0
Nov 2018052.934.24$0
Oct 201830461.443.40$1,033
Sep 201833059.543.11$1,026
Aug 201836059.403.07$1,104
Jul 201837065.142.93$1,085
Jun 201836360.183.08$1,117
May 201837865.382.90$1,097
Apr 201837463.842.90$1,085
Mar 201836561.222.79$1,017
Feb 201835661.782.77$985
Jan 201840162.874.01$1,608
Dec 201739957.272.92$1,166
Nov 201737555.423.12$1,169
Oct 201739149.292.98$1,167
Sep 201737747.523.09$1,164
Aug 201740645.373.00$1,220
Jul 201742843.873.09$1,321
Jun 201750342.493.09$1,553
May 201733745.373.26$1,100
Apr 201720547.933.21$658
Mar 201720946.772.98$624
Feb 201713650.452.95$402
Jan 201725649.413.42$875
Dec 201637548.763.72$1,396
Nov 201637242.492.64$984
Oct 201639246.193.09$1,211
Sep 201635241.553.10$1,091
Aug 201638741.442.92$1,132
Jul 201639741.622.92$1,161
Jun 201638845.352.69$1,042
May 201639742.521.99$790
Apr 201639136.561.99$779
Mar 201641133.011.79$737
Feb 201639026.472.06$805
Jan 201644727.352.36$1,057
Dec 201533232.362.00$664
Nov 201531438.792.17$681
Oct 201539743.552.43$963
Sep 201540642.992.76$1,120
Aug 201542040.162.87$1,206
Jul 201541948.152.95$1,234
Jun 201541056.152.88$1,182
May 201540155.212.96$1,185
Apr 201540549.822.71$1,096
Mar 201543342.892.93$1,271
Feb 201536744.662.98$1,092
Jan 201542643.433.10$1,321
Dec 201443554.693.59$1,562
Nov 201443570.464.25$1,850
Oct 201445878.303.90$1,787
Sep 201444986.164.05$1,816
Aug 201445989.394.04$1,852
Jul 201458296.564.18$2,433
Jun 201434398.164.74$1,625
May 201434694.734.73$1,635
Apr 201463795.944.81$3,063
Mar 201433095.895.06$1,669
Feb 201440697.406.19$2,514
Jan 2014090.404.86$0
Dec 2013091.824.35$0
Nov 20138988.853.74$333
Oct 201343597.423.78$1,644
Sep 2013426104.113.72$1,584
Aug 2013449104.253.52$1,582
Jul 2013455102.523.72$1,692
Jun 201346694.403.93$1,833
May 201360094.834.15$2,489
Apr 20133093.964.28$128
Mar 201343793.623.91$1,710
Feb 201340191.233.42$1,371
Jan 201344191.603.42$1,508
Dec 201245086.773.42$1,539
Nov 201243686.953.62$1,580
Oct 201245889.383.40$1,557
Sep 201245394.672.92$1,322
Aug 201247592.662.91$1,381
Jul 201247585.133.02$1,435
Jun 201248079.822.52$1,209
May 201246891.612.49$1,165
Apr 2012734101.652.00$1,466
Mar 2012175105.052.22$389
Feb 2012205101.102.57$527
Jan 201218098.092.73$492
Dec 201134696.873.24$1,121
Nov 201143595.723.31$1,440
Oct 201146884.983.65$1,708
Sep 201148383.623.99$1,925
Aug 201150683.404.15$2,100
Jul 201126594.144.52$1,197
Jun 201144892.904.64$2,079
May 201149298.134.40$2,167
Apr 2011492105.964.33$2,132
Mar 201145196.364.06$1,830
Feb 201144785.644.18$1,868
Jan 201150286.504.59$2,304
Dec 201048285.734.35$2,096
Nov 201051680.843.80$1,958
Oct 201054678.103.51$1,916
Sep 201053772.633.98$2,137
Aug 201056073.684.42$2,475
Jul 201064772.554.74$3,065
Jun 201076370.364.91$3,747
May 201010471.124.24$440
Apr 201035381.694.12$1,455
Mar 201027478.394.39$1,203
Feb 201025473.585.44$1,382
Jan 201035774.365.96$2,129
Dec 200941871.445.48$2,292
Nov 200950874.593.75$1,906
Oct 200954872.544.11$2,252
Sep 200954165.543.06$1,658
Aug 200955367.423.22$1,780
Jul 200957261.133.46$1,982
Jun 200954466.163.90$2,119
May 200958954.743.93$2,312
Apr 200955446.773.59$1,987
Mar 200961442.144.06$2,492
Feb 200956032.814.63$2,594
Jan 200962635.865.37$3,362
Dec 200864737.105.98$3,867
Nov 200868455.496.86$4,692
Oct 200863175.246.92$4,368
Sep 2008411101.767.88$3,237
Aug 2008522114.228.48$4,428
Jul 2008538131.0811.39$6,128
Jun 2008576131.3313.03$7,507
May 2008659123.1711.57$7,627
Apr 2008655110.3110.45$6,848
Mar 2008698101.909.66$6,746
Feb 200868092.538.77$5,964
Jan 200874790.388.21$6,130
Dec 200761888.337.30$4,513
Nov 200761591.677.29$4,484
Oct 200766282.856.92$4,582
Sep 200776275.846.24$4,758
Aug 200782769.066.39$5,283
Jul 200786570.906.39$5,526
Jun 200789162.007.55$6,726
May 200796358.747.85$7,556
Apr 200796059.617.81$7,493
Mar 20071,10956.927.30$8,098
Feb 20071,16855.108.22$9,596
Jan 20071,45150.306.73$9,761
Dec 20061,63856.656.92$11,332
Nov 20062,29554.207.62$17,482
Oct 20061,40154.906.01$8,425
Sep 2006060.085.04$0
Aug 2006068.717.34$0
Jul 2006069.376.34$0
Jun 2006066.286.38$0
May 2006066.016.42$0
Apr 2006064.397.36$0
Mar 2006056.707.08$0
Feb 2006057.597.75$0
Jan 2006060.598.93$0
Dec 2005054.9413.42$0
Nov 2005054.6910.59$0
Oct 2005058.3413.80$0
Sep 2005061.4512.08$0
Aug 2005061.519.80$0
Jul 2005055.697.84$0
Jun 2005052.337.38$0
May 2005045.226.65$0
Apr 2005049.207.36$0
Mar 2005050.377.15$0
Feb 2005045.226.31$0
Jan 2005043.166.32$0
Dec 2004039.866.75$0
Nov 2004045.286.33$0
Oct 2004049.706.52$0
Sep 2004043.245.28$0
Aug 2004042.375.55$0
Jul 2004038.286.08$0
Jun 2004036.106.43$0
May 2004037.486.49$0
Apr 2004034.475.86$0
Mar 2004034.365.53$0
Feb 2004032.455.51$0
Jan 2004032.036.30$0
Dec 2003030.266.30$0
Nov 2003028.804.60$0
Oct 2003028.174.76$0
Sep 2003026.314.75$0
Aug 2003029.765.13$0
Jul 2003029.415.17$0
Jun 2003028.565.98$0
May 2003026.595.97$0
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 20011924.685.34$101
Mar 2001024.545.38$0
Feb 2001027.755.77$0
Jan 20014427.478.40$370
Dec 2000026.889.12$0
Nov 2000032.215.66$0
Oct 2000031.235.15$0
Sep 2000031.875.19$0
Aug 2000429.644.54$18
Jul 2000028.534.09$0
Jun 2000029.304.40$0
May 2000027.263.68$0
Apr 2000024.513.12$0
Mar 2000228.422.86$6
Feb 2000027.622.73$0
Jan 20002225.272.48$55
Dec 1999224.282.42$5
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 199911215.792.32$260
Apr 199928915.102.21$638
Mar 199941012.471.84$754
Feb 19993359.981.82$609
Jan 199930610.381.90$581
Dec 19983289.201.77$582
Nov 199830710.892.19$671
Oct 199836812.421.97$725
Sep 199815412.592.08$321
Aug 199848011.301.91$916
Jul 199852111.742.24$1,166
Jun 199851611.242.24$1,154
May 199846812.622.21$1,033
Apr 199848413.042.51$1,213
Mar 199854512.802.31$1,259
Feb 199847213.952.30$1,085
Jan 199848414.702.15$1,043
Dec 199755616.322.41$1,341
Nov 199752518.193.09$1,621
Oct 199752519.253.15$1,654
Sep 199752117.742.95$1,539
Aug 199755917.862.55$1,428
Jul 199758017.582.25$1,303
Jun 199752017.242.26$1,174
May 199757118.972.31$1,318
Apr 199755717.882.08$1,160
Mar 199759518.951.94$1,154
Feb 199748620.492.21$1,072
Jan 199757323.483.54$2,028
Dec 199657123.32$0
Nov 199654821.97$0
Oct 199655023.31$0
Sep 199653022.22$0
Aug 199656520.26$0
Jul 199656719.55$0
Jun 199656418.73$0
May 199666719.43$0
Apr 199667221.51$0
Mar 199670319.38$0
Feb 199661016.98$0
Jan 199648717.07$0
Dec 199550217.19$0
Nov 199553616.00$0
Oct 199560215.43$0
Sep 199561616.18$0
Aug 199540015.92$0
Jul 199540715.24$0
Jun 199556316.41$0
May 199563617.56$0
Apr 199561417.73$0
Mar 199560716.44$0
Feb 199552816.58$0
Jan 199554815.92$0
Dec 199458615.03$0
Nov 199456215.90$0
Oct 199455815.58$0
Sep 199457615.29$0
Aug 199463816.13$0
Jul 199461117.56$0
Jun 199463617.09$0
May 199457915.88$0
Apr 199459214.14$0
Mar 199463412.46$0
Feb 199454612.50$0
Jan 199464912.66$0
Dec 199369612.33$0
Nov 199356214.49$0
Oct 199357915.85$0
Sep 199361815.03$0
Aug 199363015.66$0
Jul 199366015.46$0
Jun 199357116.79$0
May 199368017.68$0
Apr 199365618.05$0
Mar 199368018.14$0
Feb 199356517.90$0
Jan 199367916.93$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                  240 Mcf  × $  2.87 =       $689

────────────────────────────────────────────────────
Month total                                     $689

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/62220 is the state's own key, not one this site invented.