BUFFALO RIDGE

Operated by TEP BARNETT USA, LLC (P-5 842986) in the NEWARK, EAST (BARNETT SHALE) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 201688District 09Field 65280200GasSaveExport
Value, all time
$11.2 M
May 2004 – Mar 2022
Value, last 12 filed months
$0
at the published price for each month
Months reported
215
no gaps in the span
Streams
1
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 21,881 leases and 22,468 wells, and the rule below applies to all of them.

Discovered
1981-10-15
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 2009-09-29.

The Commission's schedule remark for this field reads: DESIGNATED AS UFT FIELD PER DOCKET 01-0299858

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
GasProduction1,590,721 Mcf$11,151,675
Total$11,151,675

Every month this lease reported (215)

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

215 months

Mar 20220108.885.08$0
Feb 2022091.054.86$0
Jan 2022081.844.54$0
Dec 2021071.323.90$0
Nov 2021077.435.24$0
Oct 2021079.795.71$0
Sep 2021069.865.35$0
Aug 2021066.024.22$0
Jul 2021070.783.98$0
Jun 2021069.493.38$0
May 2021063.483.02$0
Apr 2021060.362.76$0
Mar 2021061.302.72$0
Feb 2021057.805.55$0
Jan 2021050.412.81$0
Dec 2020044.642.68$0
Nov 2020038.772.71$0
Oct 2020036.972.48$0
Sep 2020037.091.99$0
Aug 2020039.982.39$0
Jul 2020038.371.83$0
Jun 2020034.901.69$0
May 2020016.921.81$0
Apr 2020014.751.80$0
Mar 2020030.341.86$0
Feb 2020049.881.98$0
Jan 2020057.252.09$0
Dec 2019059.012.30$0
Nov 2019055.302.75$0
Oct 2019053.472.42$0
Sep 2019055.052.66$0
Aug 2019053.112.30$0
Jul 2019056.272.46$0
Jun 2019052.782.49$0
May 2019058.482.74$0
Apr 2019062.632.75$0
Mar 2019056.803.06$0
Feb 2019050.852.79$0
Jan 2019046.033.23$0
Dec 2018046.594.19$0
Nov 2018052.934.24$0
Oct 2018061.443.40$0
Sep 2018059.543.11$0
Aug 2018059.403.07$0
Jul 2018065.142.93$0
Jun 2018060.183.08$0
May 2018065.382.90$0
Apr 2018063.842.90$0
Mar 2018061.222.79$0
Feb 2018061.782.77$0
Jan 2018062.874.01$0
Dec 2017057.272.92$0
Nov 2017055.423.12$0
Oct 2017049.292.98$0
Sep 2017047.523.09$0
Aug 2017045.373.00$0
Jul 2017043.873.09$0
Jun 2017042.493.09$0
May 2017045.373.26$0
Apr 2017047.933.21$0
Mar 2017046.772.98$0
Feb 2017050.452.95$0
Jan 2017049.413.42$0
Dec 2016048.763.72$0
Nov 2016042.492.64$0
Oct 2016046.193.09$0
Sep 2016041.553.10$0
Aug 2016041.442.92$0
Jul 2016041.622.92$0
Jun 2016045.352.69$0
May 2016042.521.99$0
Apr 2016036.561.99$0
Mar 2016033.011.79$0
Feb 2016026.472.06$0
Jan 2016027.352.36$0
Dec 2015032.362.00$0
Nov 2015038.792.17$0
Oct 2015043.552.43$0
Sep 2015042.992.76$0
Aug 2015040.162.87$0
Jul 2015048.152.95$0
Jun 2015056.152.88$0
May 2015055.212.96$0
Apr 2015049.822.71$0
Mar 2015042.892.93$0
Feb 2015044.662.98$0
Jan 2015043.433.10$0
Dec 2014054.693.59$0
Nov 2014070.464.25$0
Oct 2014078.303.90$0
Sep 2014086.164.05$0
Aug 2014089.394.04$0
Jul 2014096.564.18$0
Jun 2014098.164.74$0
May 2014094.734.73$0
Apr 2014095.944.81$0
Mar 2014095.895.06$0
Feb 2014097.406.19$0
Jan 2014090.404.86$0
Dec 2013091.824.35$0
Nov 2013088.853.74$0
Oct 2013097.423.78$0
Sep 20130104.113.72$0
Aug 20130104.253.52$0
Jul 20130102.523.72$0
Jun 2013094.403.93$0
May 2013094.834.15$0
Apr 2013093.964.28$0
Mar 20131,55393.623.91$6,077
Feb 20132,63491.233.42$9,008
Jan 201391691.603.42$3,133
Dec 20122,92386.773.42$9,997
Nov 20122,68186.953.62$9,719
Oct 20123,12389.383.40$10,617
Sep 20121,35094.672.92$3,940
Aug 201253292.662.91$1,547
Jul 20121,02785.133.02$3,102
Jun 201258879.822.52$1,481
May 2012091.612.49$0
Apr 20120101.652.00$0
Mar 20122,035105.052.22$4,522
Feb 20121,958101.102.57$5,033
Jan 20124,47498.092.73$12,232
Dec 20113,56596.873.24$11,550
Nov 20113,50495.723.31$11,603
Oct 2011084.983.65$0
Sep 2011083.623.99$0
Aug 20111,98583.404.15$8,236
Jul 20113,52694.144.52$15,928
Jun 20112,73792.904.64$12,699
May 20112,92198.134.40$12,866
Apr 20117,924105.964.33$34,337
Mar 20115,45896.364.06$22,145
Feb 20114,50885.644.18$18,843
Jan 20115,61386.504.59$25,757
Dec 20104,16085.734.35$18,087
Nov 20102,93780.843.80$11,147
Oct 20106,19478.103.51$21,734
Sep 20106,30872.633.98$25,103
Aug 201013,28373.684.42$58,702
Jul 20102,76772.554.74$13,106
Jun 20101,04770.364.91$5,141
May 201016571.124.24$699
Apr 20108481.694.12$346
Mar 20106,64678.394.39$29,167
Feb 20103,36073.585.44$18,286
Jan 201052874.365.96$3,149
Dec 2009071.445.48$0
Nov 2009074.593.75$0
Oct 2009072.544.11$0
Sep 2009065.543.06$0
Aug 200976567.423.22$2,462
Jul 20098,48961.133.46$29,410
Jun 20098,72566.163.90$33,984
May 20099,09754.743.93$35,713
Apr 20098,49446.773.59$30,472
Mar 20099,33742.144.06$37,899
Feb 20098,06232.814.63$37,351
Jan 20099,72635.865.37$52,238
Dec 20085,46437.105.98$32,659
Nov 20089,41655.496.86$64,597
Oct 200810,29175.246.92$71,234
Sep 200810,881101.767.88$85,711
Aug 200812,168114.228.48$103,221
Jul 200811,574131.0811.39$131,821
Jun 200811,181131.3313.03$145,718
May 200812,225123.1711.57$141,496
Apr 200812,079110.3110.45$126,284
Mar 200813,390101.909.66$129,402
Feb 200812,30292.538.77$107,896
Jan 200813,75790.388.21$112,886
Dec 200714,67588.337.30$107,156
Nov 200714,70891.677.29$107,246
Oct 200715,99482.856.92$110,710
Sep 200716,09775.846.24$100,512
Aug 200715,62569.066.39$99,812
Jul 200713,15570.906.39$84,033
Jun 200712,72562.007.55$96,054
May 200712,09558.747.85$94,901
Apr 200716,92659.617.81$132,111
Mar 200717,18956.927.30$125,514
Feb 200715,10155.108.22$124,070
Jan 200720,00950.306.73$134,598
Dec 200619,70656.656.92$136,335
Nov 200619,98454.207.62$152,228
Oct 200618,46154.906.01$111,021
Sep 200618,64560.085.04$93,919
Aug 200621,90968.717.34$160,810
Jul 200618,89869.376.34$119,865
Jun 200619,08466.286.38$121,830
May 200618,42366.016.42$118,368
Apr 200615,38064.397.36$113,204
Mar 200624,09256.707.08$170,642
Feb 200621,92157.597.75$169,912
Jan 200623,64660.598.93$211,237
Dec 200525,11254.9413.42$336,888
Nov 200520,99854.6910.59$222,335
Oct 200528,02258.3413.80$386,585
Sep 200527,90561.4512.08$337,065
Aug 200530,83161.519.80$302,046
Jul 200535,47155.697.84$278,222
Jun 20055,97552.337.38$44,102
May 200529,47145.226.65$196,016
Apr 200532,33049.207.36$237,964
Mar 200536,42650.377.15$260,624
Feb 200541,17745.226.31$259,906
Jan 200549,19743.166.32$311,033
Dec 200453,85839.866.75$363,600
Nov 200458,32845.286.33$369,241
Oct 200462,50749.706.52$407,239
Sep 200473,50743.245.28$388,404
Aug 200487,74742.375.55$487,054
Jul 200416,10638.286.08$97,992
Jun 200466,76836.106.43$429,520
May 200472,10037.486.49$468,259

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.

Mar 2013 — as filed, then multipliedworked
Gas                1,553 Mcf  × $  3.91 =     $6,077

────────────────────────────────────────────────────
Month total                                   $6,077

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. 09/G/201688 is the state's own key, not one this site invented.