MASTERSON
MASTERSON is a Texas gas lease in Potter County, Railroad Commission district 10, operated by Pioneer Natural Res. USA, Inc. It has 1 wellbore on file with the Commission. Reported production runs from December 2003 to August 2026, totalling 611,745 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 $175K, with roughly $32K 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 1,456 thousand cubic feet a month. Its strongest month on the record we hold was March 2025, at 2,578 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 17% 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
- Who operates MASTERSON?
- MASTERSON is operated by Pioneer Natural Res. USA, Inc., Railroad Commission of Texas operator number 665748.
- Where is MASTERSON?
- MASTERSON is a Texas gas lease in Potter County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 203181.
- Is MASTERSON still producing?
- MASTERSON is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MASTERSON is August 2026.
- How much has MASTERSON produced?
- MASTERSON has reported 611,745 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between December 2003 and August 2026, from 1 wellbore.
- How much is MASTERSON worth?
- The remaining production from MASTERSON is estimated to be worth about $175K in total as of 26 August 2026, within a range of $145K to $205K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MASTERSON is a fraction of it. The estimate fits an Arps decline curve to the production MASTERSON has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MASTERSON is an estimate of value, not an offer and not an appraisal.
- How much income does MASTERSON generate in a year?
- MASTERSON is forecast to net about $32K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MASTERSON receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Pioneer Natural Res. USA, Inc. |
|---|---|
| Field | Panhandle, West |
| County | Potter County, Texas |
| RRC district | 10 |
| Lease number | 203181 |
| Wellbores | 1 |
| Reported production | 611,745 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $175K |
Where MASTERSON 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.