MASTERSON "B"

Operated by RENEAU OIL CO. (P-5 701746) in the PANHANDLE (RED CAVE) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 5919District 10Field 68825800NGPA filingOilCasinghead gasSaveExport
Value, all time
$349 k
Jan 1993 – May 2026
Value, last 12 filed months
$0
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 114 leases and 1,481 wells, and the rule below applies to all of them.

Discovered
1960-10-11
as the register files it
Field class
Oil
the register's own label
Between wells
330 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 10 acres. The field rule took effect on 1985-04-15.

The Commission's schedule remark for this field reads: 10 ACRES UNITS W/DIAG OF 1100 AND ALLOW OF 53

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
NGPA6none

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
OilDisposition11,100 bbl$263,745
Casinghead gasProduction37,725 Mcf$84,853
Total$348,598

14,270 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 (12)

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 35.5389, -101.9407. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.7 miles.

35.53946, -101.94069 · 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
91.7%
11 of 12 wells
With a plug date
66.7%
8 of 12 wells
Median depth
2,183 ft
12 wells filed one
Completion to plug
25.0 years
median over 8 wells

What the state filed about each well

On the RRC proration schedule
1191.7%
A plug date is filed
866.7%
BothOn the schedule and plugged. Neither fact cancels the other.
866.7%
NeitherNo plug date, and not on the schedule.
18.3%

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, 12 of 12 wells. Median 2,183 ft, with the middle half between 2,148 and 2,235 ft; the shallowest is 2,085 ft and the deepest 2,301 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, 11 of 12 wells, Sep 1972 – Apr 1987. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Sep 1972 – Apr 1987
11 of 12 wells; 1 filed none
Plug dates filed
Sep 2001 – Feb 2019
8 of 12 wells; 4 filed none

Last completion to plug: a median of 25.0 years across the 8 wells that filed both dates, with the middle half between 17.0 years and 33.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

12 wells

42-3753133812072,186 ftYes
42-3753133912082,180 ftApr 1987Yes
42-375313459022,085 ftMar 1987Yes
42-3753112812032,230 ftOct 1984Oct 2001Yes
42-3753113712062,251 ftOct 1984Oct 2001Yes
42-375311259012,122 ftOct 1984Feb 2019Yes
42-3753113612042,132 ftOct 1984Sep 2001Yes
42-3753113512052,153 ftOct 1984Aug 2017Yes
42-3753112012012,157 ftSep 1984Oct 2001Yes
42-3753113012022,298 ftSep 1984Aug 2017Yes
42-3753015012092,227 ftDec 1973
42-3753008712102,301 ftSep 1972Aug 2017Yes

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 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 2014022096.564.18$920
Jun 2014022598.164.74$1,066
May 2014016294.734.73$766
Apr 201416615595.944.81$16,671
Mar 2014016295.895.06$819
Feb 2014016497.406.19$1,015
Jan 2014016190.404.86$783
Dec 2013012991.824.35$562
Nov 2013014788.853.74$550
Oct 2013016197.423.78$608
Sep 20130154104.113.72$573
Aug 20130176104.253.52$620
Jul 20130133102.523.72$494
Jun 2013018594.403.93$728
May 201308894.834.15$365
Apr 2013013393.964.28$570
Mar 2013017393.623.91$677
Feb 20130091.233.42$0
Jan 2013011891.603.42$404
Dec 2012010686.773.42$363
Nov 2012013386.953.62$482
Oct 2012014089.383.40$476
Sep 20120194.672.92$3
Aug 201201692.662.91$47
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201202101.102.57$5
Jan 20120598.092.73$14
Dec 201101196.873.24$36
Nov 20110595.723.31$17
Oct 201102984.983.65$106
Sep 201101983.623.99$76
Aug 20110783.404.15$29
Jul 201102794.144.52$122
Jun 201104392.904.64$200
May 201105098.134.40$220
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100671.124.24$25
Apr 201002181.694.12$87
Mar 201002878.394.39$123
Feb 201002873.585.44$152
Jan 201002474.365.96$143
Dec 200903171.445.48$170
Nov 200902974.593.75$109
Oct 200901372.544.11$53
Sep 2009040765.543.06$1,247
Aug 2009023867.423.22$766
Jul 2009019061.133.46$658
Jun 2009019866.163.90$771
May 2009013654.743.93$534
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080837.105.98$48
Nov 200808155.496.86$556
Oct 200805575.246.92$381
Sep 2008078101.767.88$614
Aug 200817194114.228.48$20,329
Jul 2008090131.0811.39$1,025
Jun 2008066131.3313.03$860
May 2008064123.1711.57$741
Apr 2008070110.3110.45$732
Mar 2008097101.909.66$937
Feb 200804092.538.77$351
Jan 200806590.388.21$533
Dec 200706588.337.30$475
Nov 200703291.677.29$233
Oct 200701382.856.92$90
Sep 200756075.846.24$4,247
Aug 200701869.066.39$115
Jul 200703770.906.39$236
Jun 200704762.007.55$355
May 200702558.747.85$196
Apr 200701259.617.81$94
Mar 20070556.927.30$37
Feb 200704055.108.22$329
Jan 20070650.306.73$40
Dec 200602656.656.92$180
Nov 200602554.207.62$190
Oct 200601754.906.01$102
Sep 200602260.085.04$111
Aug 200603868.717.34$279
Jul 200604169.376.34$260
Jun 200604066.286.38$255
May 20061073466.016.42$7,282
Apr 2006013464.397.36$986
Mar 200602856.707.08$198
Feb 200602157.597.75$163
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 2005721558.3413.80$4,407
Sep 200505061.4512.08$604
Aug 200506161.519.80$598
Jul 20051295355.697.84$7,600
Jun 200504452.337.38$325
May 200505845.226.65$386
Apr 200502549.207.36$184
Mar 20050450.377.15$29
Feb 200552445.226.31$2,377
Jan 20050943.166.32$57
Dec 200402039.866.75$135
Nov 20040545.286.33$32
Oct 200402149.706.52$137
Sep 20041173443.245.28$5,239
Aug 20040642.375.55$33
Jul 20040138.286.08$6
Jun 2004442436.106.43$1,743
May 200402037.486.49$130
Apr 200445734.475.86$1,592
Mar 200402034.365.53$111
Feb 2004592332.455.51$2,041
Jan 200402832.036.30$176
Dec 2003012630.266.30$794
Nov 200301128.804.60$51
Oct 200346028.174.76$1,296
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 200352629.415.17$1,560
Jun 200301728.565.98$102
May 200368026.595.97$1,808
Apr 200360526.675.41$1,627
Mar 2003642631.146.10$2,151
Feb 200304133.487.93$325
Jan 20031762730.315.58$5,485
Dec 200202226.914.85$107
Nov 200209024.664.14$372
Oct 200208326.464.23$351
Sep 2002676527.443.64$2,075
Aug 200207025.963.16$221
Jul 20021634824.583.06$4,154
Jun 200204323.733.34$144
May 200202224.663.58$79
Apr 200281023.653.51$1,916
Mar 200204422.003.10$137
Feb 200247918.222.38$878
Jan 200201517.172.38$36
Dec 2001704516.932.36$1,292
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 200148624.262.25$1,178
Aug 200102224.873.05$67
Jul 20010023.933.20$0
Jun 200107824.563.82$298
May 200115410025.524.31$4,361
Apr 200106824.685.34$363
Mar 200114818924.545.38$4,648
Feb 2001013527.755.77$779
Jan 20011474227.478.40$4,391
Dec 200005926.889.12$538
Nov 200009432.215.66$532
Oct 20009112231.235.15$3,470
Sep 20009728331.875.19$4,559
Aug 20008848429.644.54$4,806
Jul 20009117828.534.09$3,324
Jun 20004924629.304.40$2,517
May 20006124227.263.68$2,553
Apr 20008040624.513.12$3,226
Mar 200017313528.422.86$5,303
Feb 2000038427.622.73$1,047
Jan 200015625925.272.48$4,585
Dec 1999018724.282.42$453
Nov 1999025023.192.43$609
Oct 199981020.982.80$1,699
Sep 19990021.752.62$0
Aug 1999029019.262.88$834
Jul 199902,15117.892.37$5,103
Jun 1999014615.942.36$345
May 19990115.792.32$2
Apr 1999155015.102.21$2,341
Mar 19990012.471.84$0
Feb 1999069.981.82$11
Jan 1999013710.381.90$260
Dec 199801269.201.77$223
Nov 19980010.892.19$0
Oct 199817342512.421.97$2,986
Sep 1998037512.592.08$781
Aug 1998040411.301.91$771
Jul 1998036811.742.24$823
Jun 199810431111.242.24$1,865
May 1998021712.622.21$479
Apr 1998052613.042.51$1,318
Mar 1998030712.802.31$709
Feb 1998149013.952.30$2,079
Jan 1998010114.702.15$218
Dec 1997072616.322.41$1,750
Nov 199701,15918.193.09$3,579
Oct 1997082919.253.15$2,611
Sep 199710172017.742.95$3,919
Aug 199717969517.862.55$4,972
Jul 19972728317.582.25$1,111
Jun 199715627217.242.26$3,303
May 1997037118.972.31$856
Apr 1997037817.882.08$787
Mar 19978319818.951.94$1,957
Feb 199712215420.492.21$2,839
Jan 1997014023.483.54$496
Dec 199615718123.32$3,661
Nov 1996017921.97$0
Oct 199617018423.31$3,963
Sep 199615515522.22$3,444
Aug 199611316920.26$2,289
Jul 199616118819.55$3,148
Jun 19966119718.73$1,143
May 199625118119.43$4,877
Apr 1996021621.51$0
Mar 199616619519.38$3,217
Feb 19966619016.98$1,121
Jan 199615815817.07$2,697
Dec 199519914117.19$3,421
Nov 199518236216.00$2,912
Oct 199517718915.43$2,731
Sep 199517824816.18$2,880
Aug 199516713515.92$2,659
Jul 199518014815.24$2,743
Jun 199531910816.41$5,235
May 199516771417.56$2,933
Apr 199526943617.73$4,769
Mar 19953516116.44$575
Feb 199516111016.58$2,669
Jan 1995019315.92$0
Dec 19945822815.03$872
Nov 19948692015.90$1,367
Oct 19941287915.58$1,994
Sep 1994019015.29$0
Aug 19941605216.13$2,581
Jul 19945618617.56$983
Jun 199414195917.09$2,410
May 1994078815.88$0
Apr 199417039714.14$2,404
Mar 19941767212.46$2,193
Feb 1994023812.50$0
Jan 199410825112.66$1,367
Dec 19939339112.33$1,147
Nov 199315118114.49$2,188
Oct 1993157115.85$2,488
Sep 1993166115.03$2,495
Aug 1993220115.66$3,445
Jul 199317941115.46$2,767
Jun 19937453716.79$1,242
May 199317273817.68$3,041
Apr 199316682418.05$2,996
Mar 1993167118.14$3,029
Feb 199318163417.90$3,240
Jan 19931741,05216.93$2,946

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.

Jul 2014 — as filed, then multipliedworked
Oil                    0 bbl  × $ 96.56 =         $0
Casinghead gas       220 Mcf  × $  4.18 =       $920

────────────────────────────────────────────────────
Month total                                     $920

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/5919 is the state's own key, not one this site invented.