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 83288District 10Field 68831200Hydrogen sulphide fieldNGPA filingGasSaveExport
Value, all time
$411 k
Jan 1993 – May 2026
Value, last 12 filed months
$7 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
GasProduction128,183 Mcf$410,906
Total$410,906

31,438 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 35.5774, -101.7345. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.57737, -101.73451 · 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
1,754 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 1,754 ft.

1 well

42-37530661104R1,754 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 202616698.932.87$476
Mar 202617689.753.15$554
Feb 202616563.503.75$619
Jan 202616959.138.00$1,352
Dec 202517256.664.41$759
Nov 202516358.593.93$640
Oct 202517159.383.30$565
Sep 202517462.743.08$535
Aug 202516263.933.01$488
Jul 202517766.743.32$587
Jun 202517566.483.13$548
May 202518960.553.23$611
Apr 202519862.363.54$702
Mar 202516767.704.27$713
Feb 202513970.884.34$603
Jan 202516774.324.28$715
Dec 202417168.993.12$534
Nov 202415569.052.20$341
Oct 202416471.372.28$374
Sep 202415969.612.36$376
Aug 202416875.632.06$347
Jul 202418779.932.15$401
Jun 202418378.082.63$482
May 202418578.812.20$407
Apr 202418084.451.66$299
Mar 202418380.301.55$283
Feb 202417076.091.78$303
Jan 202417973.023.30$590
Dec 202317871.262.61$465
Nov 202317077.892.81$477
Oct 202317985.443.09$553
Sep 202317089.042.74$465
Aug 202318980.522.67$505
Jul 20238574.852.64$225
Jun 202317768.962.26$400
May 202317370.622.23$385
Apr 202317678.122.24$394
Mar 202317872.852.39$426
Feb 202316575.112.47$407
Jan 202318876.533.39$637
Dec 202217476.415.73$997
Nov 202216985.005.65$954
Oct 202218187.185.86$1,061
Sep 202217884.888.16$1,453
Aug 202219694.529.13$1,789
Jul 2022179101.587.54$1,350
Jun 2022186115.097.98$1,484
May 2022186109.378.43$1,569
Apr 2022179104.226.84$1,224
Mar 2022185108.885.08$939
Feb 202216391.054.86$792
Jan 202217981.844.54$812
Dec 202118771.323.90$729
Nov 202118177.435.24$948
Oct 202119079.795.71$1,086
Sep 202118669.865.35$995
Aug 202119566.024.22$823
Jul 202119970.783.98$792
Jun 202119669.493.38$663
May 202122363.483.02$673
Apr 202113760.362.76$378
Mar 202121661.302.72$587
Feb 20218157.805.55$449
Jan 202119250.412.81$540
Dec 202019444.642.68$519
Nov 202018838.772.71$509
Oct 202019136.972.48$473
Sep 202019037.091.99$378
Aug 202019739.982.39$470
Jul 202020238.371.83$369
Jun 202019734.901.69$333
May 202020216.921.81$367
Apr 202019114.751.80$345
Mar 202019730.341.86$366
Feb 202019049.881.98$376
Jan 202020357.252.09$425
Dec 2019059.012.30$0
Nov 201919355.302.75$531
Oct 201919853.472.42$479
Sep 201919455.052.66$516
Aug 2019053.112.30$0
Jul 201920756.272.46$509
Jun 201920252.782.49$503
May 201922958.482.74$628
Apr 201913662.632.75$374
Mar 201919856.803.06$606
Feb 2019050.852.79$0
Jan 2019046.033.23$0
Dec 2018046.594.19$0
Nov 2018052.934.24$0
Oct 201821061.443.40$714
Sep 201819459.543.11$603
Aug 201821059.403.07$644
Jul 201821665.142.93$633
Jun 201821260.183.08$652
May 201822865.382.90$661
Apr 201825163.842.90$728
Mar 201810361.222.79$287
Feb 201819361.782.77$534
Jan 201822662.874.01$906
Dec 201722757.272.92$663
Nov 201724855.423.12$773
Oct 201715849.292.98$471
Sep 201712547.523.09$386
Aug 201726445.373.00$793
Jul 20177243.873.09$222
Jun 201720442.493.09$630
May 201722845.373.26$744
Apr 201724647.933.21$790
Mar 201711646.772.98$346
Feb 201713550.452.95$399
Jan 201721749.413.42$742
Dec 201621348.763.72$793
Nov 201621742.492.64$574
Oct 201624246.193.09$748
Sep 201619441.553.10$602
Aug 201613141.442.92$383
Jul 201622541.622.92$658
Jun 201621945.352.69$588
May 201621742.521.99$432
Apr 201621636.561.99$430
Mar 201622733.011.79$407
Feb 201620426.472.06$421
Jan 201622127.352.36$523
Dec 201523132.362.00$462
Nov 201522138.792.17$479
Oct 201522843.552.43$553
Sep 201522642.992.76$623
Aug 201522240.162.87$638
Jul 201522748.152.95$669
Jun 201523156.152.88$666
May 201521255.212.96$627
Apr 201523049.822.71$623
Mar 201524742.892.93$725
Feb 201518244.662.98$542
Jan 201524743.433.10$766
Dec 201425254.693.59$905
Nov 201424670.464.25$1,046
Oct 201424778.303.90$964
Sep 201429286.164.05$1,181
Aug 201425489.394.04$1,025
Jul 201431596.564.18$1,317
Jun 2014098.164.74$0
May 201411794.734.73$553
Apr 201428195.944.81$1,351
Mar 201434095.895.06$1,719
Feb 201429297.406.19$1,808
Jan 2014090.404.86$0
Dec 2013091.824.35$0
Nov 20135188.853.74$191
Oct 201324897.423.78$937
Sep 2013240104.113.72$892
Aug 2013261104.253.52$919
Jul 2013256102.523.72$952
Jun 201327294.403.93$1,070
May 201328694.834.15$1,187
Apr 20131193.964.28$47
Mar 201324793.623.91$966
Feb 201319291.233.42$657
Jan 201323891.603.42$814
Dec 201224586.773.42$838
Nov 201223686.953.62$855
Oct 201225089.383.40$850
Sep 201223994.672.92$698
Aug 201225392.662.91$736
Jul 201226085.133.02$785
Jun 201227379.822.52$688
May 201221891.612.49$542
Apr 2012252101.652.00$503
Mar 2012225105.052.22$500
Feb 2012177101.102.57$455
Jan 201225098.092.73$684
Dec 201126296.873.24$849
Nov 201123995.723.31$791
Oct 201125284.983.65$919
Sep 201123783.623.99$945
Aug 201124883.404.15$1,029
Jul 201125094.144.52$1,129
Jun 201125592.904.64$1,183
May 201126298.134.40$1,154
Apr 2011255105.964.33$1,105
Mar 201126296.364.06$1,063
Feb 201121185.644.18$882
Jan 201126286.504.59$1,202
Dec 201023185.734.35$1,004
Nov 201025280.843.80$956
Oct 201026378.103.51$923
Sep 201024772.633.98$983
Aug 201025873.684.42$1,140
Jul 201025672.554.74$1,213
Jun 201025670.364.91$1,257
May 201025671.124.24$1,084
Apr 201025181.694.12$1,035
Mar 201026278.394.39$1,150
Feb 201025073.585.44$1,361
Jan 201026474.365.96$1,575
Dec 200926771.445.48$1,464
Nov 200926274.593.75$983
Oct 200927172.544.11$1,114
Sep 200926365.543.06$806
Aug 200927767.423.22$892
Jul 200928161.133.46$974
Jun 200927466.163.90$1,067
May 200928254.743.93$1,107
Apr 200928446.773.59$1,019
Mar 200927642.144.06$1,120
Feb 200925232.814.63$1,168
Jan 200927935.865.37$1,499
Dec 200829337.105.98$1,751
Nov 200828155.496.86$1,928
Oct 200828675.246.92$1,980
Sep 2008278101.767.88$2,190
Aug 2008291114.228.48$2,469
Jul 2008296131.0811.39$3,371
Jun 2008282131.3313.03$3,675
May 2008283123.1711.57$3,276
Apr 2008289110.3110.45$3,021
Mar 2008311101.909.66$3,006
Feb 200829392.538.77$2,570
Jan 200829790.388.21$2,437
Dec 200729088.337.30$2,118
Nov 200729991.677.29$2,180
Oct 200730782.856.92$2,125
Sep 200729575.846.24$1,842
Aug 200730969.066.39$1,974
Jul 200730770.906.39$1,961
Jun 200730062.007.55$2,265
May 200730458.747.85$2,385
Apr 200729659.617.81$2,310
Mar 200731656.927.30$2,307
Feb 200729055.108.22$2,383
Jan 200732250.306.73$2,166
Dec 200632756.656.92$2,262
Nov 200631654.207.62$2,407
Oct 200631954.906.01$1,918
Sep 200631160.085.04$1,567
Aug 200631768.717.34$2,327
Jul 200632669.376.34$2,068
Jun 200631266.286.38$1,992
May 200631666.016.42$2,030
Apr 200632264.397.36$2,370
Mar 200634556.707.08$2,444
Feb 200631757.597.75$2,457
Jan 200635960.598.93$3,207
Dec 200536554.9413.42$4,897
Nov 200535254.6910.59$3,727
Oct 200537558.3413.80$5,173
Sep 200538161.4512.08$4,602
Aug 200543861.519.80$4,291
Jul 200546655.697.84$3,655
Jun 2005052.337.38$0
May 200521745.226.65$1,443
Apr 200549749.207.36$3,658
Mar 200565850.377.15$4,708
Feb 2005245.226.31$13
Jan 2005043.166.32$0
Dec 2004039.866.75$0
Nov 2004045.286.33$0
Oct 2004849.706.52$52
Sep 200414743.245.28$777
Aug 200432742.375.55$1,815
Jul 200433038.286.08$2,008
Jun 200433136.106.43$2,129
May 200431537.486.49$2,046
Apr 200430834.475.86$1,804
Mar 200436134.365.53$1,996
Feb 200425132.455.51$1,383
Jan 200435232.036.30$2,217
Dec 200335330.266.30$2,224
Nov 200330528.804.60$1,402
Oct 200333028.174.76$1,571
Sep 200333626.314.75$1,596
Aug 200336829.765.13$1,888
Jul 200335529.415.17$1,836
Jun 200336028.565.98$2,154
May 200334026.595.97$2,031
Apr 200337126.675.41$2,006
Mar 200334131.146.10$2,079
Feb 200331733.487.93$2,513
Jan 200329730.315.58$1,658
Dec 200236826.914.85$1,786
Nov 200235024.664.14$1,448
Oct 200236826.464.23$1,556
Sep 200236627.443.64$1,330
Aug 200239225.963.16$1,240
Jul 200239624.583.06$1,212
Jun 200234023.733.34$1,135
May 200237924.663.58$1,358
Apr 200237223.653.51$1,307
Mar 200241722.003.10$1,294
Feb 200239218.222.38$931
Jan 200240517.172.38$962
Dec 200139616.932.36$936
Nov 200141618.072.41$1,001
Oct 200137019.782.53$936
Sep 200133624.262.25$756
Aug 200140424.873.05$1,233
Jul 200131723.933.20$1,013
Jun 200134924.563.82$1,335
May 200147325.524.31$2,037
Apr 200145224.685.34$2,412
Mar 200150524.545.38$2,715
Feb 200146527.755.77$2,682
Jan 200149727.478.40$4,174
Dec 200039126.889.12$3,567
Nov 200042532.215.66$2,405
Oct 200041631.235.15$2,141
Sep 200038331.875.19$1,986
Aug 200032629.644.54$1,480
Jul 200042628.534.09$1,742
Jun 200038329.304.40$1,684
May 200042127.263.68$1,549
Apr 200043024.513.12$1,340
Mar 200043928.422.86$1,255
Feb 200060827.622.73$1,658
Jan 200056225.272.48$1,394
Dec 199945724.282.42$1,108
Nov 199942723.192.43$1,039
Oct 199941820.982.80$1,172
Sep 199941621.752.62$1,089
Aug 199944519.262.88$1,280
Jul 199946317.892.37$1,098
Jun 199956415.942.36$1,332
May 199954915.792.32$1,274
Apr 199963515.102.21$1,402
Mar 199948412.471.84$890
Feb 19996469.981.82$1,174
Jan 199953610.381.90$1,018
Dec 19984269.201.77$755
Nov 199848810.892.19$1,067
Oct 199848112.421.97$947
Sep 199851612.592.08$1,075
Aug 199858411.301.91$1,114
Jul 199845711.742.24$1,022
Jun 199859411.242.24$1,329
May 199859212.622.21$1,306
Apr 199857813.042.51$1,448
Mar 199836612.802.31$845
Feb 199861413.952.30$1,412
Jan 199851114.702.15$1,101
Dec 199742316.322.41$1,020
Nov 199757418.193.09$1,773
Oct 199747519.253.15$1,496
Sep 199750017.742.95$1,477
Aug 199755817.862.55$1,426
Jul 199761617.582.25$1,384
Jun 199742617.242.26$962
May 199758718.972.31$1,355
Apr 199755317.882.08$1,152
Mar 199755218.951.94$1,070
Feb 199749720.492.21$1,096
Jan 199772923.483.54$2,580
Dec 199674623.32$0
Nov 199657521.97$0
Oct 199663423.31$0
Sep 199656222.22$0
Aug 199655620.26$0
Jul 199652519.55$0
Jun 199652818.73$0
May 199662519.43$0
Apr 199660821.51$0
Mar 199674019.38$0
Feb 199657416.98$0
Jan 199637817.07$0
Dec 199559717.19$0
Nov 199556716.00$0
Oct 199568015.43$0
Sep 199541916.18$0
Aug 199525515.92$0
Jul 199541215.24$0
Jun 199549416.41$0
May 199551417.56$0
Apr 199563017.73$0
Mar 199550816.44$0
Feb 199545616.58$0
Jan 199548715.92$0
Dec 199450815.03$0
Nov 199453215.90$0
Oct 199460115.58$0
Sep 199464215.29$0
Aug 199461716.13$0
Jul 199464817.56$0
Jun 199466217.09$0
May 199458815.88$0
Apr 199478414.14$0
Mar 199498712.46$0
Feb 199481012.50$0
Jan 199479512.66$0
Dec 199368112.33$0
Nov 199376014.49$0
Oct 199366315.85$0
Sep 199369115.03$0
Aug 199370315.66$0
Jul 199389015.46$0
Jun 199373316.79$0
May 199386317.68$0
Apr 199391218.05$0
Mar 19931,16618.14$0
Feb 199396317.90$0
Jan 19931,16916.93$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                  166 Mcf  × $  2.87 =       $476

────────────────────────────────────────────────────
Month total                                     $476

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/83288 is the state's own key, not one this site invented.