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 83291District 10Field 68831200Hydrogen sulphide fieldNGPA filingGasSaveExport
Value, all time
$1.4 M
Jan 1993 – May 2026
Value, last 12 filed months
$29 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
NGPA3none

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
GasProduction388,022 Mcf$1,383,458
Total$1,383,458

66,840 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 35.5831, -101.7636. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.58311, -101.76359 · 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
1,817 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 1,817 ft.

Completions filed
Jun 1979
1 of 1 wells

1 well

42-37530660105R1,817 ftJun 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 202667798.932.87$1,943
Mar 202670889.753.15$2,230
Feb 202664963.503.75$2,434
Jan 202669959.138.00$5,591
Dec 202570156.664.41$3,094
Nov 202568258.593.93$2,678
Oct 202570859.383.30$2,340
Sep 202569162.743.08$2,126
Aug 202568663.933.01$2,068
Jul 202570566.743.32$2,337
Jun 202569066.483.13$2,159
May 202571160.553.23$2,298
Apr 202569162.363.54$2,448
Mar 202567267.704.27$2,868
Feb 202563670.884.34$2,761
Jan 20252674.324.28$111
Dec 202471068.993.12$2,216
Nov 202468869.052.20$1,513
Oct 202471271.372.28$1,624
Sep 202469269.612.36$1,636
Aug 202472075.632.06$1,486
Jul 202472679.932.15$1,558
Jun 202470678.082.63$1,860
May 202472978.812.20$1,603
Apr 202470584.451.66$1,170
Mar 202473180.301.55$1,129
Feb 202468476.091.78$1,220
Jan 202472973.023.30$2,404
Dec 202373471.262.61$1,916
Nov 202371277.892.81$1,999
Oct 202373885.443.09$2,278
Sep 202371589.042.74$1,956
Aug 202374180.522.67$1,981
Jul 20231,01974.852.64$2,692
Jun 202372068.962.26$1,626
May 202374170.622.23$1,651
Apr 202372078.122.24$1,611
Mar 202373572.852.39$1,759
Feb 202365675.112.47$1,617
Jan 202373276.533.39$2,480
Dec 202273276.415.73$4,194
Nov 202271185.005.65$4,014
Oct 202274087.185.86$4,339
Sep 202271984.888.16$5,870
Aug 202275194.529.13$6,855
Jul 2022739101.587.54$5,574
Jun 2022750115.097.98$5,983
May 2022644109.378.43$5,431
Apr 2022720104.226.84$4,923
Mar 2022746108.885.08$3,787
Feb 202267291.054.86$3,265
Jan 202274181.844.54$3,362
Dec 202175371.323.90$2,936
Nov 202173177.435.24$3,828
Oct 202176079.795.71$4,343
Sep 202173969.865.35$3,954
Aug 202176866.024.22$3,241
Jul 202177770.783.98$3,094
Jun 202176169.493.38$2,573
May 202183463.483.02$2,517
Apr 202162160.362.76$1,713
Mar 202182961.302.72$2,252
Feb 202144957.805.55$2,491
Jan 202176850.412.81$2,158
Dec 202077444.642.68$2,071
Nov 202075638.772.71$2,046
Oct 202076836.972.48$1,903
Sep 202076437.091.99$1,521
Aug 202079239.982.39$1,889
Jul 202078538.371.83$1,433
Jun 202076334.901.69$1,290
May 202079816.921.81$1,448
Apr 202079214.751.80$1,429
Mar 202087530.341.86$1,624
Feb 202045649.881.98$903
Jan 202079857.252.09$1,672
Dec 2019059.012.30$0
Nov 201979055.302.75$2,173
Oct 201982653.472.42$1,998
Sep 201981455.052.66$2,163
Aug 2019053.112.30$0
Jul 201997256.272.46$2,391
Jun 201963652.782.49$1,584
May 201962258.482.74$1,704
Apr 201932762.632.75$899
Mar 201933456.803.06$1,023
Feb 2019050.852.79$0
Jan 2019046.033.23$0
Dec 2018046.594.19$0
Nov 2018052.934.24$0
Oct 201875661.443.40$2,569
Sep 201871659.543.11$2,225
Aug 201878059.403.07$2,392
Jul 201881365.142.93$2,384
Jun 201879860.183.08$2,455
May 201884765.382.90$2,457
Apr 201888663.842.90$2,570
Mar 201858461.222.79$1,628
Feb 201876661.782.77$2,119
Jan 201886862.874.01$3,480
Dec 201784857.272.92$2,477
Nov 201769255.423.12$2,158
Oct 201770649.292.98$2,106
Sep 201762347.523.09$1,923
Aug 201769945.373.00$2,100
Jul 201768543.873.09$2,115
Jun 201780942.493.09$2,498
May 201786745.373.26$2,829
Apr 201791647.933.21$2,942
Mar 201749546.772.98$1,477
Feb 201756950.452.95$1,680
Jan 201783549.413.42$2,855
Dec 201684648.763.72$3,150
Nov 201682242.492.64$2,174
Oct 201687146.193.09$2,692
Sep 201679341.553.10$2,459
Aug 201679941.442.92$2,337
Jul 201685441.622.92$2,497
Jun 201683745.352.69$2,248
May 201685242.521.99$1,696
Apr 201684436.561.99$1,680
Mar 201688333.011.79$1,584
Feb 201680026.472.06$1,651
Jan 201687427.352.36$2,066
Dec 201588232.362.00$1,765
Nov 201585738.792.17$1,857
Oct 201588843.552.43$2,155
Sep 201586742.992.76$2,392
Aug 201585640.162.87$2,459
Jul 201588348.152.95$2,601
Jun 201588756.152.88$2,557
May 201578455.212.96$2,317
Apr 201587749.822.71$2,374
Mar 201589842.892.93$2,635
Feb 201574044.662.98$2,202
Jan 201591843.433.10$2,846
Dec 201492254.693.59$3,311
Nov 201488270.464.25$3,750
Oct 201493778.303.90$3,655
Sep 201481486.164.05$3,293
Aug 201477489.394.04$3,123
Jul 201498396.564.18$4,109
Jun 201489998.164.74$4,258
May 201490594.734.73$4,278
Apr 20141,01795.944.81$4,891
Mar 20141,18495.895.06$5,987
Feb 20141,01497.406.19$6,279
Jan 2014090.404.86$0
Dec 2013091.824.35$0
Nov 201318888.853.74$703
Oct 201393097.423.78$3,515
Sep 2013909104.113.72$3,379
Aug 2013948104.253.52$3,339
Jul 2013950102.523.72$3,532
Jun 201397894.403.93$3,847
May 20131,04594.834.15$4,336
Apr 20134493.964.28$188
Mar 201391193.623.91$3,565
Feb 201384691.233.42$2,893
Jan 201393891.603.42$3,208
Dec 201296686.773.42$3,304
Nov 201289786.953.62$3,252
Oct 201293789.383.40$3,186
Sep 201292894.672.92$2,708
Aug 201296892.662.91$2,815
Jul 201298185.133.02$2,963
Jun 20121,01279.822.52$2,549
May 201277491.612.49$1,926
Apr 2012948101.652.00$1,893
Mar 2012980105.052.22$2,178
Feb 2012920101.102.57$2,365
Jan 201294598.092.73$2,584
Dec 201194596.873.24$3,062
Nov 201187595.723.31$2,897
Oct 201193584.983.65$3,411
Sep 201187083.623.99$3,468
Aug 201190383.404.15$3,747
Jul 201189394.144.52$4,034
Jun 201193492.904.64$4,334
May 201199398.134.40$4,374
Apr 2011959105.964.33$4,156
Mar 201181496.364.06$3,303
Feb 201186985.644.18$3,632
Jan 201193486.504.59$4,286
Dec 201086385.734.35$3,752
Nov 201094580.843.80$3,587
Oct 201098178.103.51$3,442
Sep 201095072.633.98$3,781
Aug 201098073.684.42$4,331
Jul 20101,02072.554.74$4,831
Jun 20101,04170.364.91$5,112
May 201078571.124.24$3,325
Apr 201090981.694.12$3,748
Mar 201099878.394.39$4,380
Feb 201099973.585.44$5,437
Jan 201090474.365.96$5,392
Dec 200999871.445.48$5,473
Nov 200996574.593.75$3,620
Oct 200999272.544.11$4,077
Sep 200996165.543.06$2,945
Aug 20091,01967.423.22$3,280
Jul 20091,03461.133.46$3,582
Jun 200989666.163.90$3,490
May 20091,00654.743.93$3,949
Apr 200997646.773.59$3,501
Mar 200997542.144.06$3,958
Feb 200989032.814.63$4,123
Jan 200999535.865.37$5,344
Dec 20081,00437.105.98$6,001
Nov 200898255.496.86$6,737
Oct 20081,01475.246.92$7,019
Sep 2008988101.767.88$7,783
Aug 20081,021114.228.48$8,661
Jul 20081,015131.0811.39$11,560
Jun 2008981131.3313.03$12,785
May 2008999123.1711.57$11,563
Apr 2008991110.3110.45$10,361
Mar 20081,039101.909.66$10,041
Feb 200898492.538.77$8,630
Jan 200895890.388.21$7,861
Dec 20071,04488.337.30$7,623
Nov 20071,01291.677.29$7,379
Oct 20071,04482.856.92$7,227
Sep 20071,01775.846.24$6,350
Aug 20071,05269.066.39$6,720
Jul 20071,05870.906.39$6,758
Jun 20071,04662.007.55$7,896
May 200798658.747.85$7,736
Apr 200799359.617.81$7,751
Mar 20071,06356.927.30$7,762
Feb 200796255.108.22$7,904
Jan 20071,08850.306.73$7,319
Dec 20061,01956.656.92$7,050
Nov 20061,00854.207.62$7,678
Oct 20061,08254.906.01$6,507
Sep 20061,04760.085.04$5,274
Aug 20061,04368.717.34$7,656
Jul 20061,10669.376.34$7,015
Jun 20061,05666.286.38$6,741
May 20061,03866.016.42$6,669
Apr 20061,05464.397.36$7,758
Mar 20061,09456.707.08$7,749
Feb 200699157.597.75$7,681
Jan 20061,13160.598.93$10,104
Dec 20051,14554.9413.42$15,361
Nov 20051,22154.6910.59$12,928
Oct 20051,01058.3413.80$13,934
Sep 20051,13461.4512.08$13,698
Aug 200596961.519.80$9,493
Jul 20051,20255.697.84$9,428
Jun 2005052.337.38$0
May 200549245.226.65$3,272
Apr 20051,01549.207.36$7,471
Mar 20051,08450.377.15$7,756
Feb 20051,02545.226.31$6,470
Jan 20051,11243.166.32$7,030
Dec 20041,02839.866.75$6,940
Nov 20041,04445.286.33$6,609
Oct 20041,13749.706.52$7,408
Sep 20041,11443.245.28$5,886
Aug 20041,16442.375.55$6,461
Jul 20041,07438.286.08$6,534
Jun 20041,08436.106.43$6,973
May 20041,01037.486.49$6,560
Apr 20041,07234.475.86$6,280
Mar 20041,11534.365.53$6,166
Feb 200499332.455.51$5,471
Jan 20041,08232.036.30$6,816
Dec 20031,15330.266.30$7,266
Nov 20031,14228.804.60$5,248
Oct 20031,17028.174.76$5,569
Sep 20031,16326.314.75$5,524
Aug 20031,13429.765.13$5,817
Jul 20031,20729.415.17$6,241
Jun 20031,17228.565.98$7,012
May 20031,01026.595.97$6,032
Apr 20031,11426.675.41$6,024
Mar 20031,14731.146.10$6,992
Feb 20031,04233.487.93$8,259
Jan 20031,14930.315.58$6,414
Dec 20021,16926.914.85$5,674
Nov 20021,14724.664.14$4,745
Oct 20021,15926.464.23$4,902
Sep 20021,15027.443.64$4,180
Aug 20021,14925.963.16$3,636
Jul 20021,24124.583.06$3,800
Jun 200299423.733.34$3,318
May 20021,18024.663.58$4,229
Apr 20021,09823.653.51$3,857
Mar 20021,15722.003.10$3,590
Feb 20021,02318.222.38$2,430
Jan 20021,11317.172.38$2,644
Dec 20011,21116.932.36$2,863
Nov 20011,30618.072.41$3,142
Oct 200193819.782.53$2,372
Sep 20011,06224.262.25$2,391
Aug 20011,25124.873.05$3,820
Jul 20011,19123.933.20$3,808
Jun 20011,13524.563.82$4,340
May 20011,02425.524.31$4,411
Apr 20011,12224.685.34$5,986
Mar 20011,18824.545.38$6,387
Feb 20011,15427.755.77$6,655
Jan 20011,19427.478.40$10,028
Dec 20001,22026.889.12$11,129
Nov 20001,16232.215.66$6,575
Oct 20001,30631.235.15$6,720
Sep 20001,08831.875.19$5,643
Aug 20001,04129.644.54$4,727
Jul 20001,02528.534.09$4,192
Jun 20001,10829.304.40$4,872
May 20001,17927.263.68$4,338
Apr 20001,00724.513.12$3,138
Mar 20001,14328.422.86$3,269
Feb 20001,07127.622.73$2,920
Jan 20001,25825.272.48$3,120
Dec 19991,08424.282.42$2,627
Nov 19991,24623.192.43$3,033
Oct 19991,12420.982.80$3,151
Sep 19991,14621.752.62$3,001
Aug 19991,18219.262.88$3,399
Jul 19991,25817.892.37$2,984
Jun 19991,18315.942.36$2,794
May 19991,19515.792.32$2,774
Apr 19991,13415.102.21$2,504
Mar 19991,22912.471.84$2,259
Feb 19991,1189.981.82$2,032
Jan 19991,06510.381.90$2,023
Dec 19981,1989.201.77$2,124
Nov 19981,29510.892.19$2,831
Oct 19981,14812.421.97$2,261
Sep 19981,24612.592.08$2,595
Aug 19981,26011.301.91$2,403
Jul 19981,25511.742.24$2,808
Jun 19981,21411.242.24$2,716
May 19981,09012.622.21$2,405
Apr 19981,31713.042.51$3,300
Mar 19981,20512.802.31$2,783
Feb 19981,13513.952.30$2,610
Jan 19981,29314.702.15$2,786
Dec 19971,25816.322.41$3,033
Nov 19971,24618.193.09$3,848
Oct 19971,26719.253.15$3,991
Sep 19971,28117.742.95$3,785
Aug 19971,32117.862.55$3,375
Jul 19971,40117.582.25$3,148
Jun 19971,19517.242.26$2,697
May 19971,26318.972.31$2,916
Apr 19971,16417.882.08$2,424
Mar 19971,43018.951.94$2,773
Feb 19971,38520.492.21$3,055
Jan 19971,47423.483.54$5,218
Dec 19961,41923.32$0
Nov 19961,40421.97$0
Oct 19961,30323.31$0
Sep 19961,23822.22$0
Aug 19961,42620.26$0
Jul 19961,51819.55$0
Jun 19961,49018.73$0
May 19961,58319.43$0
Apr 19961,44021.51$0
Mar 19961,37919.38$0
Feb 19961,14516.98$0
Jan 19961,22017.07$0
Dec 19951,33317.19$0
Nov 19951,30216.00$0
Oct 19951,27215.43$0
Sep 19951,22216.18$0
Aug 199563415.92$0
Jul 199599315.24$0
Jun 19951,40416.41$0
May 19951,33617.56$0
Apr 19951,49417.73$0
Mar 19951,17216.44$0
Feb 19951,06516.58$0
Jan 19951,19115.92$0
Dec 19941,21915.03$0
Nov 19941,28015.90$0
Oct 19941,36115.58$0
Sep 19941,41015.29$0
Aug 19941,49216.13$0
Jul 19941,48117.56$0
Jun 19941,36117.09$0
May 19941,30215.88$0
Apr 19941,54914.14$0
Mar 19941,43212.46$0
Feb 19941,41612.50$0
Jan 19941,61212.66$0
Dec 19931,60612.33$0
Nov 19931,56414.49$0
Oct 19931,54815.85$0
Sep 19931,51015.03$0
Aug 19931,62215.66$0
Jul 19931,77815.46$0
Jun 19931,37016.79$0
May 19931,57317.68$0
Apr 19931,67718.05$0
Mar 19931,52818.14$0
Feb 19931,50217.90$0
Jan 19931,66416.93$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                  677 Mcf  × $  2.87 =     $1,943

────────────────────────────────────────────────────
Month total                                   $1,943

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/83291 is the state's own key, not one this site invented.