MASTERSON -D-

MASTERSON -D- is a Texas gas lease in Potter County, Railroad Commission district 10, operated by Anadarko Petroleum Corporation. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 470,627 thousand cubic feet. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values the whole lease — a 100% undivided interest — at about $16K, with roughly $7K expected over the next twelve months. An individual royalty owner receives their own decimal interest times that figure. Over the last twelve months on file it averaged 491 thousand cubic feet a month. Its strongest month on the record we hold was July 2023, at 2,506 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 22% of what they went on to produce, and that measured error is the range shown on the page rather than a confidence of our own devising.

Key facts about MASTERSON -D-

Who operates MASTERSON -D-?
MASTERSON -D- is operated by Anadarko Petroleum Corporation, Railroad Commission of Texas operator number 020572.
Where is MASTERSON -D-?
MASTERSON -D- is a Texas gas lease in Potter County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 027186.
Is MASTERSON -D- still producing?
MASTERSON -D- is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MASTERSON -D- is August 2026.
How much has MASTERSON -D- produced?
MASTERSON -D- has reported 470,627 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
How much is MASTERSON -D- worth?
The remaining production from MASTERSON -D- is estimated to be worth about $16K in total as of 26 August 2026, within a range of $13K to $20K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MASTERSON -D- is a fraction of it. The estimate fits an Arps decline curve to the production MASTERSON -D- has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MASTERSON -D- is an estimate of value, not an offer and not an appraisal.
How much income does MASTERSON -D- generate in a year?
MASTERSON -D- is forecast to net about $7K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MASTERSON -D- receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

MASTERSON -D- as filed with the Railroad Commission of Texas
OperatorAnadarko Petroleum Corporation
FieldPanhandle, West (Red Cave)
CountyPotter County, Texas
RRC district10
Lease number027186
Wellbores1
Reported production470,627 mcf
First reported
Last reported
Estimated royalty value$16K

Where MASTERSON -D- sits

Source: Railroad Commission of Texas lease production records, complete through . Figures on this page were computed on .

Production figures are as reported to the Railroad Commission of Texas. The value shown is an estimate produced by fitting a decline curve to that reported history; it is not an offer or an appraisal. How this estimate is calculated.