MASTERSON ESTATE

Operated by BEREN CORPORATION (P-5 66750) in the PANHANDLE MOORE COUNTY FIELD field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 1698District 10Field 68901001NGPA filingOilCasinghead gasSaveExport
Value, all time
$3.8 M
Jan 1993 – May 2026
Value, last 12 filed months
$213 k
at the published price for each month
Months reported
401
no gaps in the span
Streams
2
oil, casinghead 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 334 leases and 1,458 wells, and the rule below applies to all of them.

Discovered
1926-12-31
as the register files it
Field class
Oil
the register's own label
Between wells
467 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 1989-05-01.

The Commission's schedule remark for this field reads: SEPTEMBER, AND OCTOBER.

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
NGPA12none

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
OilDisposition62,521 bbl$2,524,470
Casinghead gasProduction545,205 Mcf$1,285,680
Total$3,810,150

212,998 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 (24)

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 35.6300, -101.9178. A lease has no coordinate of its own — that point is the mean of its wells, and they span 2.0 miles.

35.62918, -101.92116 · 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
37.5%
9 of 24 wells
With a plug date
20.8%
5 of 24 wells
Median depth
3,506 ft
16 wells filed one
Completion to plug
36.3 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
937.5%
A plug date is filed
520.8%
BothOn the schedule and plugged. Neither fact cancels the other.
520.8%
NeitherNo plug date, and not on the schedule.
1562.5%

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

Total depth in feet, 16 of 24 wells. Median 3,506 ft, with the middle half between 3,440 and 3,540 ft; the shallowest is 2,400 ft and the deepest 3,600 ft. The median is published rather than the mean, because a single mis-keyed depth moves a mean and cannot move a median.

When they were last completed

Last completion by decade, 12 of 24 wells, Jun 1988 – Aug 2025. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Jun 1988 – Aug 2025
12 of 24 wells; 12 filed none
Plug dates filed
Apr 1989 – Sep 2024
5 of 24 wells; 19 filed none

Last completion to plug: a median of 36.3 years across the 1 well that filed both dates, with the middle half between 36.3 years and 36.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

24 wells

42-341007041D3,437 ftApr 1989Yes
42-341016247D3,537 ftApr 1989Yes
42-34181460143,370 ftApr 2021Yes
42-34181473383,518 ftMar 2021Yes
42-3418145913
42-3418146225
42-3418146427
42-3418146629
42-3418146730
42-3418146932
42-3418147236
42-3418147439
42-34100723282,400 ftAug 2025
42-34181458123,417 ftNov 2024
42-3410075553,441 ftSep 2008Yes
42-34100724313,560 ftSep 2008Yes
42-34100745263,550 ftNov 2007
42-34100718333,590 ftNov 2007
42-34100758163,600 ftMay 2007Yes
42-34100792103,462 ftNov 2006
42-34100725353,501 ftNov 2006
42-34132243613,460 ftFeb 1997Yes
42-3418145683,510 ftJun 1988
42-3418145333,521 ftJun 1988Sep 2024Yes

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 20268480106.413.05$9,182
Apr 2026807098.932.87$8,115
Mar 2026816289.753.15$7,465
Feb 2026713763.503.75$4,647
Jan 20262991,19459.138.00$27,229
Dec 20253601,51756.664.41$27,093
Nov 20253021,40758.593.93$23,219
Oct 20253451,45559.383.30$25,295
Sep 20253601,01262.743.08$25,700
Aug 202565446163.933.01$43,200
Jul 20256926766.743.32$5,490
Jun 20258431566.483.13$6,570
May 20256032760.553.23$4,690
Apr 20257232262.363.54$5,631
Mar 20255520967.704.27$4,616
Feb 20254632270.884.34$4,658
Jan 20256235474.324.28$6,122
Dec 20246036968.993.12$5,291
Nov 20246721369.052.20$5,095
Oct 20249712971.372.28$7,217
Sep 20246034069.612.36$4,980
Aug 20247941275.632.06$6,825
Jul 20247030779.932.15$6,254
Jun 20247633678.082.63$6,819
May 20247742578.812.20$7,003
Apr 20248340684.451.66$7,683
Mar 20248841180.301.55$7,701
Feb 20245332776.091.78$4,616
Jan 20246532473.023.30$5,815
Dec 20235942571.262.61$5,314
Nov 20235644177.892.81$5,600
Oct 20236145385.443.09$6,610
Sep 20237232889.042.74$7,308
Aug 20236434580.522.67$6,075
Jul 20237746074.852.64$6,979
Jun 20238830968.962.26$6,766
May 20239230970.622.23$7,185
Apr 20237927878.122.24$6,794
Mar 20238324472.852.39$6,630
Feb 20236525875.112.47$5,518
Jan 2023793876.533.39$6,175
Dec 202275076.415.73$5,731
Nov 20227689585.005.65$11,513
Oct 2022651,22487.185.86$12,844
Sep 2022721,20084.888.16$15,908
Aug 20227317894.529.13$8,525
Jul 2022640101.587.54$6,501
Jun 202265118115.097.98$8,422
May 202259338109.378.43$9,303
Apr 202262388104.226.84$9,115
Mar 202269132108.885.08$8,183
Feb 20224811691.054.86$4,934
Jan 20225420181.844.54$5,331
Dec 20215730771.323.90$5,262
Nov 20216857977.435.24$8,297
Oct 20217758179.795.71$9,464
Sep 20217456569.865.35$8,193
Aug 20217559666.024.22$7,467
Jul 20218558270.783.98$8,334
Jun 20218044269.493.38$7,053
May 20219463363.483.02$7,877
Apr 20217927360.362.76$5,521
Mar 202111251761.302.72$8,270
Feb 20218531557.805.55$6,661
Jan 202114727650.412.81$8,186
Dec 202010522444.642.68$5,287
Nov 20205816038.772.71$2,682
Oct 20209824136.972.48$4,220
Sep 202012226637.091.99$5,055
Aug 202012121339.982.39$5,346
Jul 202015932738.371.83$6,698
Jun 2020556934.901.69$2,036
May 2020333616.921.81$624
Apr 20203724514.751.80$5,568
Mar 202012125530.341.86$4,144
Feb 20208619449.881.98$4,674
Jan 20205913957.252.09$3,669
Dec 2019734459.012.30$4,409
Nov 20197514555.302.75$4,546
Oct 20198818853.472.42$5,160
Sep 20198220955.052.66$5,069
Aug 20199110053.112.30$5,063
Jul 20199110056.272.46$5,367
Jun 20199316452.782.49$5,317
May 201910516058.482.74$6,579
Apr 201911615562.632.75$7,691
Mar 20196410356.803.06$3,951
Feb 2019397550.852.79$2,193
Jan 20195511646.033.23$2,906
Dec 2018417646.594.19$2,228
Nov 2018588052.934.24$3,409
Oct 2018737861.443.40$4,750
Sep 2018629659.543.11$3,990
Aug 2018341459.403.07$2,063
Jul 2018403365.142.93$2,702
Jun 2018532960.183.08$3,279
May 2018352565.382.90$2,361
Apr 201830063.842.90$1,915
Mar 201832561.222.79$1,973
Feb 2018291661.782.77$1,836
Jan 2018151362.874.01$995
Dec 2017322757.272.92$1,912
Nov 2017493755.423.12$2,831
Oct 201741749.292.98$2,042
Sep 201727347.523.09$1,292
Aug 2017281045.373.00$1,300
Jul 201736343.873.09$1,589
Jun 2017402342.493.09$1,771
May 2017434345.373.26$2,091
Apr 2017364047.933.21$1,854
Mar 2017394246.772.98$1,949
Feb 2017425350.452.95$2,275
Jan 2017385449.413.42$2,062
Dec 2016597548.763.72$3,156
Nov 2016597542.492.64$2,705
Oct 2016751246.193.09$3,501
Sep 201674041.553.10$3,075
Aug 2016425541.442.92$1,901
Jul 2016375641.622.92$1,704
Jun 2016405545.352.69$1,962
May 2016576042.521.99$2,543
Apr 2016636436.561.99$2,431
Mar 2016655933.011.79$2,252
Feb 20165214526.472.06$1,676
Jan 20164818627.352.36$1,753
Dec 20156217732.362.00$2,361
Nov 20154817838.792.17$2,248
Oct 20155820643.552.43$3,026
Sep 20156420542.992.76$3,317
Aug 2015582240.162.87$2,392
Jul 20156618648.152.95$3,726
Jun 20155317556.152.88$3,480
May 20157610255.212.96$4,497
Apr 20156721149.822.71$3,909
Mar 20153913042.892.93$2,054
Feb 2015334144.662.98$1,596
Jan 2015433643.433.10$1,979
Dec 2014474054.693.59$2,714
Nov 2014504070.464.25$3,693
Oct 201461478.303.90$4,792
Sep 201448086.164.05$4,136
Aug 2014462589.394.04$4,213
Jul 2014564596.564.18$5,595
Jun 2014473998.164.74$4,798
May 2014524494.734.73$5,134
Apr 2014654595.944.81$6,453
Mar 2014393195.895.06$3,896
Feb 20144110197.406.19$4,619
Jan 20144913790.404.86$5,096
Dec 20135714291.824.35$5,852
Nov 20137021088.853.74$7,005
Oct 20138522897.423.78$9,142
Sep 201360227104.113.72$7,091
Aug 201377183104.253.52$8,672
Jul 201357145102.523.72$6,383
Jun 20136219794.403.93$6,628
May 20137212694.834.15$7,351
Apr 20137623893.964.28$8,160
Mar 201311036693.623.91$11,730
Feb 20138128591.233.42$8,364
Jan 201310237391.603.42$10,619
Dec 20129740986.773.42$9,816
Nov 201213046886.953.62$13,000
Oct 201211444889.383.40$11,712
Sep 201211435894.672.92$11,837
Aug 20126126692.662.91$6,426
Jul 20123623285.133.02$3,766
Jun 20125123479.822.52$4,660
May 20124716691.612.49$4,719
Apr 201257238101.652.00$6,269
Mar 201261288105.052.22$7,048
Feb 201262290101.102.57$7,014
Jan 20128630698.092.73$9,272
Dec 20115034796.873.24$5,968
Nov 20116655495.723.31$8,152
Oct 20115947884.983.65$6,758
Sep 20115126483.623.99$5,317
Aug 20114018283.404.15$4,091
Jul 20114319894.144.52$4,942
Jun 20114022192.904.64$4,741
May 20115126498.134.40$6,168
Apr 201179262105.964.33$9,506
Mar 20118634596.364.06$9,687
Feb 20115019685.644.18$5,101
Jan 20117426286.504.59$7,603
Dec 20109640585.734.35$9,991
Nov 201012846480.843.80$12,109
Oct 20109052578.103.51$8,871
Sep 20107451972.633.98$7,440
Aug 20105930273.684.42$5,682
Jul 20103829972.554.74$4,173
Jun 20104627970.364.91$4,607
May 20105226671.124.24$4,825
Apr 20105230781.694.12$5,514
Mar 20104930678.394.39$5,184
Feb 20103423573.585.44$3,781
Jan 20104833474.365.96$5,561
Dec 20093434671.445.48$4,326
Nov 20096047674.593.75$6,261
Oct 20096855272.544.11$7,202
Sep 20096849065.543.06$5,958
Aug 20096670267.423.22$6,709
Jul 20097051261.133.46$6,053
Jun 20096852166.163.90$6,528
May 20097759454.743.93$6,547
Apr 20098056046.773.59$5,751
Mar 20097762042.144.06$5,761
Feb 20098261432.814.63$5,535
Jan 20099356335.865.37$6,359
Dec 200811153137.105.98$7,292
Nov 200811548555.496.86$9,709
Oct 20089044175.246.92$9,824
Sep 200876425101.767.88$11,082
Aug 200858322114.228.48$9,356
Jul 200887799131.0811.39$20,504
Jun 2008144931131.3313.03$31,045
May 2008145933123.1711.57$28,658
Apr 2008156988110.3110.45$27,538
Mar 20081651,015101.909.66$26,623
Feb 20087343792.538.77$10,587
Jan 200815487690.388.21$21,107
Dec 20071741,03388.337.30$22,912
Nov 20071741,14191.677.29$24,270
Oct 20071501,01582.856.92$19,453
Sep 200711391675.846.24$14,290
Aug 200714497469.066.39$16,166
Jul 20076694670.906.39$10,722
Jun 20077582362.007.55$10,862
May 20077431058.747.85$6,779
Apr 20077562,27459.617.81$62,814
Mar 20078582,15256.927.30$64,551
Feb 20079191,41655.108.22$62,271
Jan 200763697450.306.73$38,543
Dec 20066551,97856.656.92$50,790
Nov 20066851,39554.207.62$47,753
Oct 200626253954.906.01$17,625
Sep 200616130560.085.04$11,209
Aug 200614517068.717.34$11,211
Jul 200618615569.376.34$13,886
Jun 200612517566.286.38$9,402
May 200619911166.016.42$13,849
Apr 200623810464.397.36$16,090
Mar 200622411556.707.08$13,515
Feb 200618120757.597.75$12,028
Jan 20061227660.598.93$8,071
Dec 200513814354.9413.42$9,500
Nov 200522143754.6910.59$16,714
Oct 200522221358.3413.80$15,890
Sep 200519749661.4512.08$18,097
Aug 200520883561.519.80$20,974
Jul 200531755455.697.84$21,999
Jun 2005196452.337.38$10,286
May 200521441245.226.65$12,417
Apr 200524982849.207.36$18,345
Mar 200523148350.377.15$15,091
Feb 200518624145.226.31$9,932
Jan 200510050843.166.32$7,528
Dec 20048865639.866.75$7,936
Nov 200414182945.286.33$11,632
Oct 20042121,41949.706.52$19,781
Sep 20042071,55543.245.28$17,167
Aug 20042531,72142.375.55$20,272
Jul 20041741,34438.286.08$14,838
Jun 20042491,11536.106.43$16,162
May 20042591,33837.486.49$18,397
Apr 20042041,26634.475.86$14,449
Mar 20042591,62934.365.53$17,908
Feb 20042511,07732.455.51$14,079
Jan 20041961,51832.036.30$15,841
Dec 20032241,32530.266.30$15,128
Nov 20032861,40628.804.60$14,698
Oct 20032131,56228.174.76$13,435
Sep 20031771,46226.314.75$11,600
Aug 20033281,24229.765.13$16,132
Jul 20032111,33729.415.17$13,119
Jun 20031851,55328.565.98$14,575
May 20032781,64826.595.97$17,235
Apr 20032151,31026.675.41$12,818
Mar 20032501,44431.146.10$16,588
Feb 20032611,50033.487.93$20,627
Jan 20032561,58530.315.58$16,607
Dec 20022471,28226.914.85$12,869
Nov 20022431,29624.664.14$11,354
Oct 20022811,84826.464.23$15,251
Sep 20022501,91227.443.64$13,811
Aug 20021991,98225.963.16$11,437
Jul 20022382,84724.583.06$14,567
Jun 20022722,65423.733.34$15,314
May 20022662,63824.663.58$16,014
Apr 20023242,60223.653.51$16,802
Mar 20021941,64822.003.10$9,381
Feb 20021571,23518.222.38$5,795
Jan 20022151,68817.172.38$7,702
Dec 20013181,80816.932.36$9,659
Nov 20012362,21918.072.41$9,602
Oct 20012392,15919.782.53$10,187
Sep 20012391,58724.262.25$9,371
Aug 2001992,70124.873.05$10,709
Jul 20012182,61923.933.20$13,590
Jun 20012402,35524.563.82$14,900
May 20011412,72825.524.31$15,349
Apr 20011502,14024.685.34$15,120
Mar 20011921,69224.545.38$13,809
Feb 20011661,75527.755.77$14,728
Jan 20011671,84827.478.40$20,108
Dec 20001101,80026.889.12$19,377
Nov 20001561,91132.215.66$15,837
Oct 20001602,16831.235.15$16,152
Sep 20001242,12131.875.19$14,952
Aug 20001742,41229.644.54$16,110
Jul 20001822,83428.534.09$16,783
Jun 20002032,57129.304.40$17,253
May 20002883,21527.263.68$19,681
Apr 20002462,68524.513.12$14,396
Mar 20003742,61928.422.86$18,119
Feb 20001742,49827.622.73$11,617
Jan 20002562,80925.272.48$13,437
Dec 19991681,80024.282.42$8,442
Nov 19992222,70423.192.43$11,730
Oct 19992312,90920.982.80$13,002
Sep 19992163,00521.752.62$12,568
Aug 19992103,02419.262.88$12,740
Jul 19992253,77417.892.37$12,979
Jun 19993923,57915.942.36$14,702
May 19991963,60715.792.32$11,467
Apr 19992963,30815.102.21$11,774
Mar 19993413,76312.471.84$11,170
Feb 19992362,6389.981.82$7,151
Jan 19994002,99410.381.90$9,840
Dec 19981123,3439.201.77$6,959
Nov 19983073,29710.892.19$10,550
Oct 19982613,53212.421.97$10,197
Sep 19983574,20212.592.08$13,246
Aug 19982503,73411.301.91$9,947
Jul 19982663,49311.742.24$10,938
Jun 19982504,25211.242.24$12,323
May 19982673,77712.622.21$11,703
Apr 19982004,06513.042.51$12,792
Mar 19983024,06512.802.31$13,253
Feb 19982124,33213.952.30$12,917
Jan 19983002,56614.702.15$9,939
Dec 19972423,35816.322.41$12,046
Nov 19973394,21918.193.09$19,196
Oct 19973563,67619.253.15$18,432
Sep 19972983,59417.742.95$15,906
Aug 19973244,79617.862.55$18,039
Jul 19973445,21917.582.25$17,774
Jun 19973625,61617.242.26$18,917
May 19973764,24618.972.31$16,935
Apr 19973453,42217.882.08$13,296
Mar 19974204,24718.951.94$16,195
Feb 19972943,79820.492.21$14,402
Jan 19973513,74723.483.54$21,505
Dec 19962305,64723.32$5,364
Nov 19962624,53221.97$5,756
Oct 19962905,16523.31$6,760
Sep 19962324,53822.22$5,155
Aug 19962014,51020.26$4,072
Jul 19962557,57019.55$4,985
Jun 19962015,48618.73$3,765
May 19963776,56419.43$7,325
Apr 19962535,51621.51$5,442
Mar 19961665,29919.38$3,217
Feb 19961692,65416.98$2,870
Jan 19961125,66017.07$1,912
Dec 19952282,62017.19$3,919
Nov 19951661,97416.00$2,656
Oct 19952192,76415.43$3,379
Sep 19951404,26716.18$2,265
Aug 19952506,50715.92$3,980
Jul 19951733,87715.24$2,637
Jun 19952322,56616.41$3,807
May 19952035,61417.56$3,565
Apr 19952635,75717.73$4,663
Mar 19952001,99516.44$3,288
Feb 19952002,00716.58$3,316
Jan 19951402,12315.92$2,229
Dec 19942271,85815.03$3,412
Nov 19942242,18615.90$3,562
Oct 19942562,13415.58$3,988
Sep 19942291,69515.29$3,501
Aug 19941992,00316.13$3,210
Jul 19943191,83617.56$5,602
Jun 19943201,82517.09$5,469
May 19942905,25715.88$4,605
Apr 19942855,65914.14$4,030
Mar 19941993,31312.46$2,480
Feb 19942214,36312.50$2,763
Jan 19942274,05012.66$2,874
Dec 19932257,13212.33$2,774
Nov 19933497,93614.49$5,057
Oct 19934399,25415.85$6,958
Sep 19932596,38315.03$3,893
Aug 19932926,74015.66$4,573
Jul 19933135,15415.46$4,839
Jun 19934145,27616.79$6,951
May 19933456,59917.68$6,100
Apr 19933715,31618.05$6,697
Mar 19933683,99318.14$6,676
Feb 19931893,06717.90$3,383
Jan 19932164,75716.93$3,657

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.

May 2026 — as filed, then multipliedworked
Oil                   84 bbl  × $106.41 =     $8,938
Casinghead gas        80 Mcf  × $  3.05 =       $244

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Month total                                   $9,182

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/O/1698 is the state's own key, not one this site invented.