MASTERSON 37
MASTERSON 37 is a Texas gas lease in Sutton County, Railroad Commission district 7C, operated by Byrd Operating Company. It has 1 wellbore on file with the Commission. Reported production runs from November 1996 to August 2026, totalling 983,932 thousand cubic feet. The lease is intermittent. 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 $23K, with roughly $3K 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 83 thousand cubic feet a month. Its strongest month on the record we hold was May 2020, at 1,924 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 45% 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 37
- Who operates MASTERSON 37?
- MASTERSON 37 is operated by Byrd Operating Company, Railroad Commission of Texas operator number 118748.
- Where is MASTERSON 37?
- MASTERSON 37 is a Texas gas lease in Sutton County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 160909.
- Is MASTERSON 37 still producing?
- MASTERSON 37 is intermittent. The most recent month of production reported to the Railroad Commission of Texas for MASTERSON 37 is August 2026.
- How much has MASTERSON 37 produced?
- MASTERSON 37 has reported 983,932 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between November 1996 and August 2026, from 1 wellbore.
- How much is MASTERSON 37 worth?
- The remaining production from MASTERSON 37 is estimated to be worth about $23K in total as of 27 August 2026, within a range of $12K to $33K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MASTERSON 37 is a fraction of it. The estimate fits an Arps decline curve to the production MASTERSON 37 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MASTERSON 37 is an estimate of value, not an offer and not an appraisal.
- How much income does MASTERSON 37 generate in a year?
- MASTERSON 37 is forecast to net about $3K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in MASTERSON 37 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Byrd Operating Company |
|---|---|
| Field | Phyllis Sonora (Canyon Lower) |
| County | Sutton County, Texas |
| RRC district | 7C |
| Lease number | 160909 |
| Wellbores | 1 |
| Reported production | 983,932 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $23K |
Where MASTERSON 37 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.