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 99067District 10Field 68831200Hydrogen sulphide fieldNGPA filingGasSaveExport
Value, all time
$910 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
GasProduction361,025 Mcf$910,221
Total$910,221

122,899 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 35.5356, -101.9055. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.53555, -101.90552 · 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
1,965 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 1,965 ft.

1 well

42-37530753106 R1,965 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 202641998.932.87$1,202
Mar 202638389.753.15$1,206
Feb 202632663.503.75$1,223
Jan 202639159.138.00$3,127
Dec 202538656.664.41$1,704
Nov 202540758.593.93$1,598
Oct 202546359.383.30$1,530
Sep 202544162.743.08$1,357
Aug 202548463.933.01$1,459
Jul 202537866.743.32$1,253
Jun 202529366.483.13$917
May 202541160.553.23$1,328
Apr 202539262.363.54$1,389
Mar 202534867.704.27$1,485
Feb 202522170.884.34$959
Jan 202527074.324.28$1,155
Dec 202432368.993.12$1,008
Nov 202444669.052.20$981
Oct 202441471.372.28$945
Sep 202441769.612.36$986
Aug 202439475.632.06$813
Jul 202446179.932.15$990
Jun 202438378.082.63$1,009
May 202447778.812.20$1,049
Apr 202434584.451.66$572
Mar 202447380.301.55$731
Feb 202430176.091.78$537
Jan 202431573.023.30$1,039
Dec 202343071.262.61$1,123
Nov 202347377.892.81$1,328
Oct 202347185.443.09$1,454
Sep 202348489.042.74$1,324
Aug 202346080.522.67$1,230
Jul 202320474.852.64$539
Jun 202340568.962.26$915
May 202342170.622.23$938
Apr 202340978.122.24$915
Mar 202335172.852.39$840
Feb 202331175.112.47$767
Jan 202337576.533.39$1,270
Dec 202231276.415.73$1,787
Nov 202241385.005.65$2,332
Oct 202247087.185.86$2,756
Sep 202246884.888.16$3,821
Aug 202246694.529.13$4,253
Jul 2022482101.587.54$3,635
Jun 2022368115.097.98$2,936
May 2022381109.378.43$3,213
Apr 2022328104.226.84$2,243
Mar 2022438108.885.08$2,223
Feb 202235191.054.86$1,705
Jan 202246781.844.54$2,119
Dec 202145871.323.90$1,786
Nov 202141077.435.24$2,147
Oct 202148579.795.71$2,771
Sep 202156469.865.35$3,018
Aug 202155566.024.22$2,342
Jul 202141270.783.98$1,641
Jun 202143269.493.38$1,460
May 202149863.483.02$1,503
Apr 202129260.362.76$805
Mar 202146661.302.72$1,266
Feb 202118857.805.55$1,043
Jan 202139550.412.81$1,110
Dec 202028444.642.68$760
Nov 202034838.772.71$942
Oct 202043136.972.48$1,068
Sep 202051737.091.99$1,029
Aug 202030039.982.39$716
Jul 202043538.371.83$794
Jun 202041434.901.69$700
May 202040216.921.81$730
Apr 202029314.751.80$529
Mar 202031130.341.86$577
Feb 202035749.881.98$707
Jan 202032357.252.09$677
Dec 201936859.012.30$848
Nov 201913255.302.75$363
Oct 201933453.472.42$808
Sep 201928155.052.66$747
Aug 201934653.112.30$797
Jul 201941056.272.46$1,009
Jun 201926852.782.49$668
May 201934558.482.74$945
Apr 201925662.632.75$704
Mar 201916556.803.06$505
Feb 201928250.852.79$787
Jan 201945746.033.23$1,475
Dec 2018046.594.19$0
Nov 2018052.934.24$0
Oct 201852061.443.40$1,767
Sep 201849559.543.11$1,538
Aug 201848559.403.07$1,487
Jul 201844065.142.93$1,290
Jun 201844860.183.08$1,378
May 201848265.382.90$1,398
Apr 201842163.842.90$1,221
Mar 20181361.222.79$36
Feb 201828661.782.77$791
Jan 201839762.874.01$1,592
Dec 201756057.272.92$1,636
Nov 201757255.423.12$1,784
Oct 201732549.292.98$970
Sep 201717747.523.09$546
Aug 201736445.373.00$1,094
Jul 201721743.873.09$670
Jun 201749042.493.09$1,513
May 201757645.373.26$1,880
Apr 201746047.933.21$1,477
Mar 201750246.772.98$1,498
Feb 201746750.452.95$1,379
Jan 201751449.413.42$1,757
Dec 201652348.763.72$1,947
Nov 201661242.492.64$1,618
Oct 201640646.193.09$1,255
Sep 201638441.553.10$1,191
Aug 201653541.442.92$1,565
Jul 201662841.622.92$1,836
Jun 201652845.352.69$1,418
May 201660042.521.99$1,195
Apr 201652336.561.99$1,041
Mar 201656933.011.79$1,021
Feb 201654126.472.06$1,116
Jan 201663527.352.36$1,501
Dec 201561032.362.00$1,221
Nov 201546938.792.17$1,016
Oct 201552843.552.43$1,281
Sep 201543142.992.76$1,189
Aug 201540840.162.87$1,172
Jul 201544448.152.95$1,308
Jun 201543756.152.88$1,260
May 201538955.212.96$1,150
Apr 201558949.822.71$1,594
Mar 201553342.892.93$1,564
Feb 201551844.662.98$1,542
Jan 201562343.433.10$1,932
Dec 201462754.693.59$2,252
Nov 201454370.464.25$2,309
Oct 201462878.303.90$2,450
Sep 201451186.164.05$2,067
Aug 201444889.394.04$1,808
Jul 201458996.564.18$2,462
Jun 201462198.164.74$2,942
May 201468994.734.73$3,257
Apr 201458095.944.81$2,789
Mar 201460195.895.06$3,039
Feb 201451297.406.19$3,170
Jan 201461190.404.86$2,970
Dec 201360591.824.35$2,634
Nov 201365288.853.74$2,437
Oct 201368497.423.78$2,585
Sep 2013658104.113.72$2,446
Aug 2013736104.253.52$2,593
Jul 2013687102.523.72$2,554
Jun 201374794.403.93$2,938
May 201358594.834.15$2,427
Apr 201362993.964.28$2,694
Mar 201362193.623.91$2,430
Feb 201360691.233.42$2,072
Jan 201369591.603.42$2,377
Dec 201263886.773.42$2,182
Nov 201269686.953.62$2,523
Oct 201273789.383.40$2,506
Sep 201233694.672.92$981
Aug 201226192.662.91$759
Jul 201229185.133.02$879
Jun 201236779.822.52$924
May 201255791.612.49$1,386
Apr 2012536101.652.00$1,070
Mar 2012570105.052.22$1,267
Feb 2012523101.102.57$1,344
Jan 201256098.092.73$1,531
Dec 201160596.873.24$1,960
Nov 201160995.723.31$2,017
Oct 201165284.983.65$2,379
Sep 201168283.623.99$2,718
Aug 201168483.404.15$2,838
Jul 201169394.144.52$3,130
Jun 201169992.904.64$3,243
May 201170598.134.40$3,105
Apr 2011667105.964.33$2,890
Mar 201154196.364.06$2,195
Feb 201152885.644.18$2,207
Jan 201161286.504.59$2,808
Dec 201062985.734.35$2,735
Nov 201068880.843.80$2,611
Oct 201066478.103.51$2,330
Sep 201062572.633.98$2,487
Aug 201057373.684.42$2,532
Jul 201049672.554.74$2,349
Jun 201054770.364.91$2,686
May 201064571.124.24$2,732
Apr 201074881.694.12$3,084
Mar 201075978.394.39$3,331
Feb 201071873.585.44$3,908
Jan 201078074.365.96$4,652
Dec 200981571.445.48$4,469
Nov 200978574.593.75$2,945
Oct 200980972.544.11$3,325
Sep 200975965.543.06$2,326
Aug 200979767.423.22$2,565
Jul 200979261.133.46$2,744
Jun 200977166.163.90$3,003
May 200980454.743.93$3,156
Apr 200972946.773.59$2,615
Mar 200951342.144.06$2,082
Feb 200967132.814.63$3,109
Jan 200954835.865.37$2,943
Dec 200844137.105.98$2,636
Nov 200841255.496.86$2,826
Oct 200885375.246.92$5,904
Sep 2008859101.767.88$6,766
Aug 2008838114.228.48$7,109
Jul 2008761131.0811.39$8,667
Jun 2008704131.3313.03$9,175
May 2008710123.1711.57$8,218
Apr 2008836110.3110.45$8,740
Mar 2008878101.909.66$8,485
Feb 200877192.538.77$6,762
Jan 200889690.388.21$7,352
Dec 20071,03588.337.30$7,558
Nov 20071,00591.677.29$7,328
Oct 20071,04382.856.92$7,220
Sep 20071,01175.846.24$6,313
Aug 20071,03769.066.39$6,624
Jul 20071,07270.906.39$6,848
Jun 20071,09062.007.55$8,228
May 200797558.747.85$7,650
Apr 200763159.617.81$4,925
Mar 2007056.927.30$0
Feb 2007055.108.22$0
Jan 2007050.306.73$0
Dec 2006056.656.92$0
Nov 2006054.207.62$0
Oct 2006054.906.01$0
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 2005461.4512.08$48
Aug 2005461.519.80$39
Jul 2005155.697.84$8
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 20041239.866.75$81
Nov 20042345.286.33$146
Oct 20042349.706.52$150
Sep 200442243.245.28$2,230
Aug 200488742.375.55$4,923
Jul 200486338.286.08$5,251
Jun 200488336.106.43$5,680
May 200468937.486.49$4,475
Apr 200485334.475.86$4,997
Mar 200464434.365.53$3,561
Feb 200436932.455.51$2,033
Jan 200489632.036.30$5,644
Dec 200395330.266.30$6,005
Nov 200392628.804.60$4,255
Oct 200375228.174.76$3,579
Sep 200373426.314.75$3,486
Aug 200393629.765.13$4,801
Jul 200346429.415.17$2,399
Jun 200366128.565.98$3,955
May 200375026.595.97$4,480
Apr 200355926.675.41$3,023
Mar 200386531.146.10$5,273
Feb 200388133.487.93$6,983
Jan 200398530.315.58$5,498
Dec 20021,10926.914.85$5,383
Nov 200299524.664.14$4,116
Oct 20021,02826.464.23$4,348
Sep 200297827.443.64$3,555
Aug 20021,03225.963.16$3,265
Jul 20021,00824.583.06$3,086
Jun 200291423.733.34$3,051
May 20021,02324.663.58$3,666
Apr 20021,08623.653.51$3,814
Mar 20021,09222.003.10$3,388
Feb 20021,06618.222.38$2,532
Jan 20021,13017.172.38$2,685
Dec 20011,14416.932.36$2,705
Nov 20011,12318.072.41$2,701
Oct 20011,16819.782.53$2,954
Sep 20011,03024.262.25$2,319
Aug 20011,04324.873.05$3,184
Jul 20011,17023.933.20$3,741
Jun 20011,14524.563.82$4,379
May 20011,06225.524.31$4,574
Apr 20011,08224.685.34$5,773
Mar 20011,11424.545.38$5,989
Feb 20011,05927.755.77$6,107
Jan 20011,18227.478.40$9,927
Dec 20001,27826.889.12$11,659
Nov 20001,16532.215.66$6,592
Oct 20001,26831.235.15$6,524
Sep 20001,13031.875.19$5,861
Aug 20001,38329.644.54$6,280
Jul 20001,10328.534.09$4,511
Jun 20001,18229.304.40$5,198
May 200096127.263.68$3,536
Apr 200096124.513.12$2,994
Mar 20001,10128.422.86$3,149
Feb 20001,14027.622.73$3,108
Jan 20001,16625.272.48$2,892
Dec 19991,12424.282.42$2,724
Nov 19991,02923.192.43$2,505
Oct 19991,54120.982.80$4,321
Sep 19991,44121.752.62$3,774
Aug 19991,57119.262.88$4,518
Jul 19991,54217.892.37$3,658
Jun 19991,68015.942.36$3,968
May 19991,57515.792.32$3,656
Apr 19991,43415.102.21$3,166
Mar 19991,64312.471.84$3,020
Feb 19991,4099.981.82$2,561
Jan 19991,67410.381.90$3,181
Dec 19981,8429.201.77$3,266
Nov 19981,92210.892.19$4,201
Oct 19981,89912.421.97$3,740
Sep 19982,09212.592.08$4,357
Aug 19981,85411.301.91$3,536
Jul 19981,26711.742.24$2,835
Jun 19981,66411.242.24$3,723
May 19981,84912.622.21$4,080
Apr 19981,98313.042.51$4,968
Mar 19981,70212.802.31$3,931
Feb 19981,76113.952.30$4,049
Jan 19981,80814.702.15$3,896
Dec 19971,95116.322.41$4,704
Nov 19971,87818.193.09$5,800
Oct 19972,17419.253.15$6,848
Sep 19971,46417.742.95$4,326
Aug 19972,24617.862.55$5,738
Jul 19972,35217.582.25$5,285
Jun 19971,87017.242.26$4,221
May 19972,13418.972.31$4,926
Apr 19972,12917.882.08$4,434
Mar 19972,15318.951.94$4,175
Feb 19972,11120.492.21$4,657
Jan 19972,17323.483.54$7,692
Dec 19962,19723.32$0
Nov 19962,02321.97$0
Oct 19962,04423.31$0
Sep 19961,96422.22$0
Aug 19962,33920.26$0
Jul 19962,44019.55$0
Jun 19962,05218.73$0
May 19962,35919.43$0
Apr 19962,15421.51$0
Mar 19962,41619.38$0
Feb 19962,25216.98$0
Jan 19962,18017.07$0
Dec 19952,39017.19$0
Nov 19952,46016.00$0
Oct 19952,60915.43$0
Sep 19952,47916.18$0
Aug 19952,86715.92$0
Jul 19951,83415.24$0
Jun 19952,63716.41$0
May 19952,78517.56$0
Apr 19952,26917.73$0
Mar 19952,47416.44$0
Feb 19952,14216.58$0
Jan 19952,68615.92$0
Dec 19942,73515.03$0
Nov 19942,45515.90$0
Oct 19943,04915.58$0
Sep 19942,88615.29$0
Aug 19943,34016.13$0
Jul 19942,69417.56$0
Jun 19943,41217.09$0
May 19942,64315.88$0
Apr 19942,60214.14$0
Mar 19942,95612.46$0
Feb 19942,65912.50$0
Jan 19942,95812.66$0
Dec 19932,96212.33$0
Nov 19932,75114.49$0
Oct 19932,43315.85$0
Sep 19932,55515.03$0
Aug 19932,82315.66$0
Jul 19932,81415.46$0
Jun 19932,86516.79$0
May 19932,42217.68$0
Apr 19932,69118.05$0
Mar 19932,81718.14$0
Feb 19932,49117.90$0
Jan 19932,83416.93$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                  419 Mcf  × $  2.87 =     $1,202

────────────────────────────────────────────────────
Month total                                   $1,202

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/99067 is the state's own key, not one this site invented.