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 82833District 10Field 68831200Hydrogen sulphide fieldNGPA filingGasSaveExport
Value, all time
$1.0 M
Jan 1993 – May 2026
Value, last 12 filed months
$22 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
NGPA2none

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
GasProduction290,188 Mcf$1,020,785
Total$1,020,785

50,785 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 35.6317, -101.7866. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.63166, -101.78656 · 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
1,756 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 1,756 ft.

Completions filed
May 1979
1 of 1 wells

1 well

42-34130548101R1,756 ftMay 1979

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 202651098.932.87$1,464
Mar 202653489.753.15$1,682
Feb 202647863.503.75$1,793
Jan 202651859.138.00$4,143
Dec 202552856.664.41$2,330
Nov 202550758.593.93$1,991
Oct 202552859.383.30$1,745
Sep 202551462.743.08$1,582
Aug 202553063.933.01$1,598
Jul 202553266.743.32$1,764
Jun 202551766.483.13$1,618
May 202553460.553.23$1,726
Apr 202551962.363.54$1,839
Mar 202551567.704.27$2,198
Feb 202538770.884.34$1,680
Jan 202552874.324.28$2,259
Dec 202453568.993.12$1,670
Nov 202452169.052.20$1,145
Oct 202453971.372.28$1,230
Sep 202452069.612.36$1,229
Aug 202454075.632.06$1,114
Jul 202454179.932.15$1,161
Jun 202452578.082.63$1,383
May 202454278.812.20$1,192
Apr 202452484.451.66$869
Mar 202454180.301.55$836
Feb 202450576.091.78$901
Jan 202452673.023.30$1,735
Dec 202352371.262.61$1,365
Nov 202351077.892.81$1,432
Oct 202352985.443.09$1,633
Sep 202351389.042.74$1,403
Aug 202353080.522.67$1,417
Jul 202361274.852.64$1,617
Jun 202351568.962.26$1,163
May 202353570.622.23$1,192
Apr 202352478.122.24$1,173
Mar 202353672.852.39$1,283
Feb 202347875.112.47$1,179
Jan 202353176.533.39$1,799
Dec 202252776.415.73$3,019
Nov 202252185.005.65$2,942
Oct 202253787.185.86$3,149
Sep 202252284.888.16$4,261
Aug 202253294.529.13$4,856
Jul 2022534101.587.54$4,027
Jun 2022530115.097.98$4,228
May 2022549109.378.43$4,630
Apr 2022532104.226.84$3,638
Mar 2022545108.885.08$2,767
Feb 202248891.054.86$2,371
Jan 202253581.844.54$2,428
Dec 202155171.323.90$2,148
Nov 202153777.435.24$2,812
Oct 202155879.795.71$3,188
Sep 202154269.865.35$2,900
Aug 202155966.024.22$2,359
Jul 202156270.783.98$2,238
Jun 202154769.493.38$1,849
May 202158463.483.02$1,762
Apr 202154360.362.76$1,498
Mar 202176161.302.72$2,068
Feb 202131257.805.55$1,731
Jan 202155350.412.81$1,554
Dec 202055444.642.68$1,482
Nov 202055338.772.71$1,497
Oct 202054536.972.48$1,351
Sep 202054637.091.99$1,087
Aug 202056439.982.39$1,345
Jul 202056338.371.83$1,028
Jun 202054734.901.69$925
May 202056016.921.81$1,016
Apr 202054114.751.80$976
Mar 202055630.341.86$1,032
Feb 202053149.881.98$1,052
Jan 202053157.252.09$1,112
Dec 201956059.012.30$1,290
Nov 201954255.302.75$1,491
Oct 201956853.472.42$1,374
Sep 201955055.052.66$1,462
Aug 201954653.112.30$1,258
Jul 201956656.272.46$1,392
Jun 201954952.782.49$1,368
May 201957658.482.74$1,578
Apr 201952262.632.75$1,436
Mar 201960256.803.06$1,843
Feb 201951750.852.79$1,444
Jan 201957746.033.23$1,863
Dec 2018046.594.19$0
Nov 2018052.934.24$0
Oct 201856761.443.40$1,927
Sep 201855659.543.11$1,728
Aug 201858059.403.07$1,779
Jul 201858265.142.93$1,706
Jun 201856460.183.08$1,735
May 201858865.382.90$1,706
Apr 201859163.842.90$1,714
Mar 201853061.222.79$1,477
Feb 201854061.782.77$1,494
Jan 201862362.874.01$2,498
Dec 201752557.272.92$1,534
Nov 201759055.423.12$1,840
Oct 201761249.292.98$1,826
Sep 201751947.523.09$1,602
Aug 201763945.373.00$1,920
Jul 201761843.873.09$1,908
Jun 201758842.493.09$1,815
May 201720945.373.26$682
Apr 201757047.933.21$1,831
Mar 201759546.772.98$1,775
Feb 201753950.452.95$1,591
Jan 201759549.413.42$2,034
Dec 201658448.763.72$2,174
Nov 201658442.492.64$1,544
Oct 201661346.193.09$1,894
Sep 201661741.553.10$1,913
Aug 201656941.442.92$1,664
Jul 201662741.622.92$1,834
Jun 201660145.352.69$1,614
May 201661842.521.99$1,230
Apr 201660636.561.99$1,207
Mar 201662833.011.79$1,127
Feb 201658426.472.06$1,205
Jan 201662927.352.36$1,487
Dec 201563232.362.00$1,265
Nov 201560738.792.17$1,316
Oct 201563343.552.43$1,536
Sep 201561542.992.76$1,696
Aug 201564040.162.87$1,838
Jul 201563648.152.95$1,873
Jun 201562056.152.88$1,787
May 201562355.212.96$1,841
Apr 201562549.822.71$1,692
Mar 201564042.892.93$1,878
Feb 201557344.662.98$1,705
Jan 201564543.433.10$2,000
Dec 201466354.693.59$2,381
Nov 201463570.464.25$2,700
Oct 201475178.303.90$2,930
Sep 201453086.164.05$2,144
Aug 201439489.394.04$1,590
Jul 201464996.564.18$2,713
Jun 201461698.164.74$2,918
May 201463194.734.73$2,982
Apr 201461095.944.81$2,934
Mar 201463095.895.06$3,186
Feb 201455497.406.19$3,430
Jan 201461790.404.86$2,999
Dec 201362291.824.35$2,708
Nov 201360888.853.74$2,273
Oct 201363097.423.78$2,381
Sep 2013632104.113.72$2,350
Aug 2013656104.253.52$2,311
Jul 2013654102.523.72$2,431
Jun 201364094.403.93$2,517
May 201363994.834.15$2,651
Apr 201362793.964.28$2,685
Mar 201364593.623.91$2,524
Feb 201359491.233.42$2,031
Jan 201365291.603.42$2,230
Dec 201264786.773.42$2,213
Nov 201263586.953.62$2,302
Oct 201263789.383.40$2,166
Sep 201261994.672.92$1,806
Aug 201262892.662.91$1,826
Jul 201264185.133.02$1,936
Jun 201263879.822.52$1,607
May 201258691.612.49$1,458
Apr 2012614101.652.00$1,226
Mar 2012636105.052.22$1,413
Feb 2012592101.102.57$1,522
Jan 201264198.092.73$1,753
Dec 201161696.873.24$1,996
Nov 201161195.723.31$2,023
Oct 201163884.983.65$2,328
Sep 201162483.623.99$2,487
Aug 201164483.404.15$2,672
Jul 201164194.144.52$2,896
Jun 201162592.904.64$2,900
May 201165698.134.40$2,890
Apr 2011618105.964.33$2,678
Mar 201167796.364.06$2,747
Feb 201160185.644.18$2,512
Jan 201167786.504.59$3,107
Dec 201068685.734.35$2,983
Nov 201066080.843.80$2,505
Oct 201068078.103.51$2,386
Sep 201066672.633.98$2,650
Aug 201069373.684.42$3,063
Jul 201069472.554.74$3,287
Jun 201068370.364.91$3,354
May 201067671.124.24$2,863
Apr 201068081.694.12$2,803
Mar 201069778.394.39$3,059
Feb 201062073.585.44$3,374
Jan 201069274.365.96$4,127
Dec 200968971.445.48$3,778
Nov 200966974.593.75$2,510
Oct 200969772.544.11$2,865
Sep 200967865.543.06$2,078
Aug 200970367.423.22$2,263
Jul 200973461.133.46$2,543
Jun 200963566.163.90$2,473
May 200970454.743.93$2,764
Apr 200968446.773.59$2,454
Mar 200970742.144.06$2,870
Feb 200964632.814.63$2,993
Jan 200969835.865.37$3,749
Dec 200870837.105.98$4,232
Nov 200869155.496.86$4,741
Oct 200871875.246.92$4,970
Sep 2008697101.767.88$5,490
Aug 2008726114.228.48$6,159
Jul 2008735131.0811.39$8,371
Jun 2008700131.3313.03$9,123
May 2008727123.1711.57$8,415
Apr 2008706110.3110.45$7,381
Mar 2008725101.909.66$7,006
Feb 200867792.538.77$5,938
Jan 200871890.388.21$5,892
Dec 200773488.337.30$5,360
Nov 200771891.677.29$5,235
Oct 200775582.856.92$5,226
Sep 200772975.846.24$4,552
Aug 200773669.066.39$4,702
Jul 200774470.906.39$4,753
Jun 200771962.007.55$5,427
May 200773958.747.85$5,798
Apr 200771759.617.81$5,596
Mar 200774356.927.30$5,425
Feb 200765555.108.22$5,381
Jan 200773550.306.73$4,944
Dec 200674756.656.92$5,168
Nov 200674154.207.62$5,645
Oct 200676054.906.01$4,570
Sep 200674660.085.04$3,758
Aug 200680368.717.34$5,894
Jul 200654669.376.34$3,463
Jun 200675066.286.38$4,788
May 200668666.016.42$4,408
Apr 200673864.397.36$5,432
Mar 200675056.707.08$5,312
Feb 200668257.597.75$5,286
Jan 200675860.598.93$6,771
Dec 200575754.9413.42$10,155
Nov 200576254.6910.59$8,068
Oct 200580058.3413.80$11,037
Sep 200579361.4512.08$9,579
Aug 200588461.519.80$8,660
Jul 20051,23655.697.84$9,695
Jun 2005052.337.38$0
May 200536445.226.65$2,421
Apr 200574949.207.36$5,513
Mar 200577750.377.15$5,559
Feb 200568945.226.31$4,349
Jan 200577543.166.32$4,900
Dec 200476739.866.75$5,178
Nov 200476145.286.33$4,817
Oct 200479749.706.52$5,193
Sep 200476843.245.28$4,058
Aug 200480242.375.55$4,452
Jul 200480938.286.08$4,922
Jun 200479736.106.43$5,127
May 200478537.486.49$5,098
Apr 200478034.475.86$4,570
Mar 200482234.365.53$4,546
Feb 200477032.455.51$4,242
Jan 200480932.036.30$5,096
Dec 200382130.266.30$5,174
Nov 200380128.804.60$3,681
Oct 200383928.174.76$3,993
Sep 200381426.314.75$3,866
Aug 200386329.765.13$4,427
Jul 200386929.415.17$4,493
Jun 200381128.565.98$4,852
May 200385126.595.97$5,083
Apr 200381326.675.41$4,396
Mar 200383831.146.10$5,108
Feb 200374433.487.93$5,897
Jan 200382230.315.58$4,588
Dec 200283426.914.85$4,048
Nov 200281624.664.14$3,376
Oct 200284826.464.23$3,586
Sep 200282427.443.64$2,995
Aug 200286225.963.16$2,728
Jul 200288124.583.06$2,697
Jun 200285223.733.34$2,844
May 200287124.663.58$3,122
Apr 200285023.653.51$2,985
Mar 200286122.003.10$2,671
Feb 200281118.222.38$1,927
Jan 200282417.172.38$1,958
Dec 200184516.932.36$1,998
Nov 200188718.072.41$2,134
Oct 200187919.782.53$2,223
Sep 200179924.262.25$1,799
Aug 200192224.873.05$2,815
Jul 200195523.933.20$3,053
Jun 200180224.563.82$3,067
May 200184025.524.31$3,618
Apr 200183324.685.34$4,444
Mar 200185524.545.38$4,597
Feb 200180127.755.77$4,619
Jan 200187427.478.40$7,341
Dec 200084026.889.12$7,663
Nov 200087932.215.66$4,973
Oct 200090731.235.15$4,667
Sep 200084631.875.19$4,388
Aug 200092029.644.54$4,177
Jul 200092228.534.09$3,771
Jun 200087529.304.40$3,848
May 200090127.263.68$3,315
Apr 200079824.513.12$2,487
Mar 200091528.422.86$2,617
Feb 200082627.622.73$2,252
Jan 200089925.272.48$2,230
Dec 199985324.282.42$2,067
Nov 199995723.192.43$2,329
Oct 199990720.982.80$2,543
Sep 199990621.752.62$2,373
Aug 199995019.262.88$2,732
Jul 199996017.892.37$2,277
Jun 199991515.942.36$2,161
May 199997615.792.32$2,265
Apr 199980415.102.21$1,775
Mar 19991,00512.471.84$1,848
Feb 19998629.981.82$1,567
Jan 199982810.381.90$1,573
Dec 19989269.201.77$1,642
Nov 199894510.892.19$2,066
Oct 199892812.421.97$1,827
Sep 199894312.592.08$1,964
Aug 199898811.301.91$1,884
Jul 19981,02011.742.24$2,282
Jun 19981,01811.242.24$2,278
May 199896512.622.21$2,129
Apr 199888713.042.51$2,222
Mar 199893412.802.31$2,157
Feb 199883213.952.30$1,913
Jan 199890414.702.15$1,948
Dec 199796316.322.41$2,322
Nov 199789918.193.09$2,776
Oct 199797019.253.15$3,055
Sep 199798317.742.95$2,905
Aug 19971,01417.862.55$2,591
Jul 19971,01917.582.25$2,290
Jun 199797217.242.26$2,194
May 199798618.972.31$2,276
Apr 199789217.882.08$1,858
Mar 19971,07518.951.94$2,085
Feb 199795420.492.21$2,104
Jan 19971,04923.483.54$3,713
Dec 19961,03023.32$0
Nov 199699721.97$0
Oct 199699723.31$0
Sep 19961,03922.22$0
Aug 19961,03620.26$0
Jul 19961,03419.55$0
Jun 19961,07018.73$0
May 19961,10019.43$0
Apr 19961,06821.51$0
Mar 199698519.38$0
Feb 199699216.98$0
Jan 19961,06917.07$0
Dec 19951,11817.19$0
Nov 19951,23916.00$0
Oct 199593615.43$0
Sep 19951,04616.18$0
Aug 199563915.92$0
Jul 199573615.24$0
Jun 19951,04016.41$0
May 19951,06517.56$0
Apr 19951,06017.73$0
Mar 199595316.44$0
Feb 199592616.58$0
Jan 19951,02515.92$0
Dec 19941,05315.03$0
Nov 19941,04415.90$0
Oct 19941,06215.58$0
Sep 19941,08615.29$0
Aug 19941,12116.13$0
Jul 19941,13117.56$0
Jun 19941,11317.09$0
May 19941,09215.88$0
Apr 19941,10014.14$0
Mar 19941,04112.46$0
Feb 19941,00312.50$0
Jan 19941,11612.66$0
Dec 19931,11912.33$0
Nov 19931,07314.49$0
Oct 19931,13415.85$0
Sep 19931,10815.03$0
Aug 19931,17115.66$0
Jul 19931,18315.46$0
Jun 19931,13016.79$0
May 19931,20017.68$0
Apr 19931,19818.05$0
Mar 19931,16618.14$0
Feb 19931,03617.90$0
Jan 19931,10516.93$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                  510 Mcf  × $  2.87 =     $1,464

────────────────────────────────────────────────────
Month total                                   $1,464

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/82833 is the state's own key, not one this site invented.