MASTERSON PN

Name: MASTERSON PN lease production and value, Feb 2004 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by GUNN OIL COMPANY (P-5 339493) in the WICHITA DOME (ATOKA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 203699District 8AField 97164003CondensateGasSave Export

Value, all time

$5.2 M

Feb 2004 – Jun 2018

Value, last 12 filed months

at the published price for each month

Months reported

173

no gaps in the span

Streams

condensate, gas

The WICHITA DOME (ATOKA) field

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 7 leases and 7 wells, and the rule below applies to all of them.

Discovered

2004-03-02

as the register files it

Field class

Gas

the register's own label

Between wells

1,320 ft

minimum

From a lease line

660 ft

minimum

A drilling unit in this field needs at least 160 acres. The field rule took effect on 2006-12-05.

The Commission's schedule remark for this field reads: “PERMANENT.”

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.

Stream	Basis	Volume	Value
Condensate	Disposition	6,668 bbl	$440,511
Gas	Production	639,284 Mcf	$4,748,723
Total			$5,189,234

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 33.8190, -100.2046. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.81901, -100.20459 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

100.0%

1 of 1 wells

With a plug date

100.0%

1 of 1 wells

Median depth

6,254 ft

1 wells filed one

Completion to plug

14.3 years

median over 1 well

What the state filed about each well

On the RRC proration schedule

1100.0%

A plug date is filed

1100.0%

BothOn the schedule and plugged. Neither fact cancels the other.

1100.0%

NeitherNo plug date, and not on the schedule.

00.0%

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 6,254 ft.

Completions filed

Feb 2004

1 of 1 wells

Plug dates filed

Jun 2018

1 of 1 wells

Last completion to plug: a median of 14.3 years across the 1 well that filed both dates, with the middle half between 14.3 years and 14.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-26932517	1	6,254 ft	Feb 2004	Jun 2018	Yes

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 (173)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

173 months


Jun 2018	0	0	60.18	3.08	$0
May 2018	0	0	65.38	2.90	$0
Apr 2018	0	0	63.84	2.90	$0
Mar 2018	0	0	61.22	2.79	$0
Feb 2018	0	0	61.78	2.77	$0
Jan 2018	0	0	62.87	4.01	$0
Dec 2017	0	0	57.27	2.92	$0
Nov 2017	0	0	55.42	3.12	$0
Oct 2017	0	0	49.29	2.98	$0
Sep 2017	0	0	47.52	3.09	$0
Aug 2017	0	0	45.37	3.00	$0
Jul 2017	0	0	43.87	3.09	$0
Jun 2017	0	0	42.49	3.09	$0
May 2017	0	0	45.37	3.26	$0
Apr 2017	0	0	47.93	3.21	$0
Mar 2017	0	0	46.77	2.98	$0
Feb 2017	0	0	50.45	2.95	$0
Jan 2017	0	0	49.41	3.42	$0
Dec 2016	0	0	48.76	3.72	$0
Nov 2016	0	0	42.49	2.64	$0
Oct 2016	0	0	46.19	3.09	$0
Sep 2016	0	0	41.55	3.10	$0
Aug 2016	0	0	41.44	2.92	$0
Jul 2016	0	0	41.62	2.92	$0
Jun 2016	0	0	45.35	2.69	$0
May 2016	0	0	42.52	1.99	$0
Apr 2016	0	0	36.56	1.99	$0
Mar 2016	0	0	33.01	1.79	$0
Feb 2016	0	0	26.47	2.06	$0
Jan 2016	0	0	27.35	2.36	$0
Dec 2015	0	0	32.36	2.00	$0
Nov 2015	0	0	38.79	2.17	$0
Oct 2015	0	0	43.55	2.43	$0
Sep 2015	0	0	42.99	2.76	$0
Aug 2015	0	0	40.16	2.87	$0
Jul 2015	0	0	48.15	2.95	$0
Jun 2015	0	0	56.15	2.88	$0
May 2015	0	0	55.21	2.96	$0
Apr 2015	0	0	49.82	2.71	$0
Mar 2015	0	0	42.89	2.93	$0
Feb 2015	0	0	44.66	2.98	$0
Jan 2015	72	0	43.43	3.10	$3,127
Dec 2014	0	0	54.69	3.59	$0
Nov 2014	0	0	70.46	4.25	$0
Oct 2014	0	0	78.30	3.90	$0
Sep 2014	0	0	86.16	4.05	$0
Aug 2014	0	0	89.39	4.04	$0
Jul 2014	0	0	96.56	4.18	$0
Jun 2014	0	0	98.16	4.74	$0
May 2014	0	180	94.73	4.73	$851
Apr 2014	0	330	95.94	4.81	$1,587
Mar 2014	0	234	95.89	5.06	$1,183
Feb 2014	0	197	97.40	6.19	$1,220
Jan 2014	178	153	90.40	4.86	$16,835
Dec 2013	0	252	91.82	4.35	$1,097
Nov 2013	0	243	88.85	3.74	$908
Oct 2013	0	146	97.42	3.78	$552
Sep 2013	0	182	104.11	3.72	$677
Aug 2013	0	267	104.25	3.52	$941
Jul 2013	0	124	102.52	3.72	$461
Jun 2013	0	292	94.40	3.93	$1,149
May 2013	0	338	94.83	4.15	$1,402
Apr 2013	0	4	93.96	4.28	$17
Mar 2013	0	349	93.62	3.91	$1,366
Feb 2013	0	297	91.23	3.42	$1,016
Jan 2013	0	0	91.60	3.42	$0
Dec 2012	0	0	86.77	3.42	$0
Nov 2012	0	280	86.95	3.62	$1,015
Oct 2012	0	366	89.38	3.40	$1,244
Sep 2012	0	479	94.67	2.92	$1,398
Aug 2012	0	401	92.66	2.91	$1,166
Jul 2012	0	368	85.13	3.02	$1,112
Jun 2012	0	335	79.82	2.52	$844
May 2012	180	396	91.61	2.49	$17,475
Apr 2012	0	478	101.65	2.00	$954
Mar 2012	0	561	105.05	2.22	$1,247
Feb 2012	0	280	101.10	2.57	$720
Jan 2012	0	549	98.09	2.73	$1,501
Dec 2011	0	321	96.87	3.24	$1,040
Nov 2011	0	504	95.72	3.31	$1,669
Oct 2011	0	405	84.98	3.65	$1,478
Sep 2011	0	537	83.62	3.99	$2,140
Aug 2011	0	420	83.40	4.15	$1,743
Jul 2011	0	620	94.14	4.52	$2,801
Jun 2011	0	508	92.90	4.64	$2,357
May 2011	181	573	98.13	4.40	$20,285
Apr 2011	0	625	105.96	4.33	$2,708
Mar 2011	0	590	96.36	4.06	$2,394
Feb 2011	0	400	85.64	4.18	$1,672
Jan 2011	184	596	86.50	4.59	$18,651
Dec 2010	0	281	85.73	4.35	$1,222
Nov 2010	179	622	80.84	3.80	$16,831
Oct 2010	0	635	78.10	3.51	$2,228
Sep 2010	0	285	72.63	3.98	$1,134
Aug 2010	171	336	73.68	4.42	$14,084
Jul 2010	174	263	72.55	4.74	$13,869
Jun 2010	0	301	70.36	4.91	$1,478
May 2010	0	224	71.12	4.24	$949
Apr 2010	0	176	81.69	4.12	$726
Mar 2010	0	327	78.39	4.39	$1,435
Feb 2010	0	134	73.58	5.44	$729
Jan 2010	0	277	74.36	5.96	$1,652
Dec 2009	0	436	71.44	5.48	$2,391
Nov 2009	174	341	74.59	3.75	$14,258
Oct 2009	0	372	72.54	4.11	$1,529
Sep 2009	0	347	65.54	3.06	$1,063
Aug 2009	0	339	67.42	3.22	$1,091
Jul 2009	0	389	61.13	3.46	$1,348
Jun 2009	0	383	66.16	3.90	$1,492
May 2009	0	379	54.74	3.93	$1,488
Apr 2009	176	544	46.77	3.59	$10,183
Mar 2009	177	725	42.14	4.06	$10,402
Feb 2009	0	442	32.81	4.63	$2,048
Jan 2009	190	407	35.86	5.37	$8,999
Dec 2008	0	486	37.10	5.98	$2,905
Nov 2008	0	334	55.49	6.86	$2,291
Oct 2008	0	761	75.24	6.92	$5,268
Sep 2008	0	876	101.76	7.88	$6,900
Aug 2008	251	700	114.22	8.48	$34,607
Jul 2008	187	946	131.08	11.39	$35,286
Jun 2008	0	898	131.33	13.03	$11,703
May 2008	0	1,338	123.17	11.57	$15,486
Apr 2008	527	1,179	110.31	10.45	$70,460
Mar 2008	178	2,160	101.90	9.66	$39,013
Feb 2008	185	707	92.53	8.77	$23,319
Jan 2008	0	1,017	90.38	8.21	$8,345
Dec 2007	0	2,123	88.33	7.30	$15,502
Nov 2007	0	3,363	91.67	7.29	$24,522
Oct 2007	0	467	82.85	6.92	$3,233
Sep 2007	0	2,912	75.84	6.24	$18,183
Aug 2007	0	2,887	69.06	6.39	$18,442
Jul 2007	0	2,498	70.90	6.39	$15,957
Jun 2007	0	3,047	62.00	7.55	$23,000
May 2007	186	3,244	58.74	7.85	$36,379
Apr 2007	0	3,135	59.61	7.81	$24,469
Mar 2007	0	4,078	56.92	7.30	$29,777
Feb 2007	0	17,166	55.10	8.22	$141,036
Jan 2007	0	14,788	50.30	6.73	$99,477
Dec 2006	171	4,649	56.65	6.92	$41,851
Nov 2006	0	7,632	54.20	7.62	$58,137
Oct 2006	0	7,606	54.90	6.01	$45,741
Sep 2006	0	7,395	60.08	5.04	$37,250
Aug 2006	0	9,579	68.71	7.34	$70,309
Jul 2006	0	10,733	69.37	6.34	$68,077
Jun 2006	0	11,319	66.28	6.38	$72,259
May 2006	163	14,034	66.01	6.42	$100,928
Apr 2006	0	14,858	64.39	7.36	$109,362
Mar 2006	178	17,352	56.70	7.08	$132,995
Feb 2006	0	11,454	57.59	7.75	$88,781
Jan 2006	0	19,564	60.59	8.93	$174,771
Dec 2005	0	27,123	54.94	13.42	$363,866
Nov 2005	0	9,528	54.69	10.59	$100,886
Oct 2005	0	14,111	58.34	13.80	$194,672
Sep 2005	0	15,817	61.45	12.08	$191,054
Aug 2005	0	15,539	61.51	9.80	$152,233
Jul 2005	0	17,378	55.69	7.84	$136,307
Jun 2005	0	18,094	52.33	7.38	$133,553
May 2005	157	18,075	45.22	6.65	$127,319
Apr 2005	0	20,024	49.20	7.36	$147,386
Mar 2005	0	27,808	50.37	7.15	$198,963
Feb 2005	169	21,271	45.22	6.31	$141,903
Jan 2005	183	20,479	43.16	6.32	$137,371
Dec 2004	0	17,207	39.86	6.75	$116,166
Nov 2004	175	17,139	45.28	6.33	$116,421
Oct 2004	358	21,667	49.70	6.52	$158,955
Sep 2004	0	11,821	43.24	5.28	$62,461
Aug 2004	356	21,816	42.37	5.55	$136,177
Jul 2004	177	24,186	38.28	6.08	$153,928
Jun 2004	352	24,474	36.10	6.43	$170,149
May 2004	527	29,004	37.48	6.49	$208,121
Apr 2004	152	16,293	34.47	5.86	$100,691
Mar 2004	0	0	34.36	5.53	$0
Feb 2004	0	0	32.45	5.51	$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.

Jan 2015 — as filed, then multipliedworked

Condensate            72 bbl  × $ 43.43 =     $3,127
Gas                    0 Mcf  × $  3.10 =         $0

────────────────────────────────────────────────────
Month total                                   $3,127

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. 8A/G/203699 is the state's own key, not one this site invented.