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 216940District 09Field 65280200GasSaveExport
Value, all time
$11.3 M
Dec 2005 – May 2022
Value, last 12 filed months
$0
at the published price for each month
Months reported
198
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
GasProduction1,806,959 Mcf$11,307,318
Total$11,307,318

Every month this lease reported (198)

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

198 months

May 20220109.378.43$0
Apr 20220104.226.84$0
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 201712547.523.09$386
Aug 20171,29345.373.00$3,885
Jul 20171,50043.873.09$4,631
Jun 20171,56842.493.09$4,841
May 20171,80045.373.26$5,874
Apr 201768347.933.21$2,194
Mar 20171,57046.772.98$4,684
Feb 20171,95950.452.95$5,784
Jan 20172,00849.413.42$6,865
Dec 20162,10948.763.72$7,851
Nov 20162,64642.492.64$6,997
Oct 20162,79446.193.09$8,634
Sep 201698941.553.10$3,067
Aug 20161,08641.442.92$3,176
Jul 201689941.622.92$2,629
Jun 201680345.352.69$2,157
May 20161,80942.521.99$3,602
Apr 20161,16136.561.99$2,312
Mar 201665733.011.79$1,179
Feb 2016026.472.06$0
Jan 201646227.352.36$1,092
Dec 20151,32732.362.00$2,656
Nov 20151,68838.792.17$3,658
Oct 20151,66243.552.43$4,033
Sep 201523342.992.76$643
Aug 20151,21840.162.87$3,499
Jul 20152,04448.152.95$6,020
Jun 201576256.152.88$2,197
May 20151,69055.212.96$4,995
Apr 201577749.822.71$2,103
Mar 20151,59042.892.93$4,666
Feb 2015044.662.98$0
Jan 2015043.433.10$0
Dec 201483154.693.59$2,984
Nov 2014070.464.25$0
Oct 2014078.303.90$0
Sep 20143,71986.164.05$15,045
Aug 20148,90689.394.04$35,937
Jul 20146,87696.564.18$28,739
Jun 20142,92498.164.74$13,851
May 20147,88794.734.73$37,278
Apr 20148,55195.944.81$41,123
Mar 20147,55695.895.06$38,209
Feb 20148,39097.406.19$51,951
Jan 20148,65990.404.86$42,089
Dec 20137,28991.824.35$31,740
Nov 20137,52088.853.74$28,112
Oct 20138,06297.423.78$30,469
Sep 201310,465104.113.72$38,906
Aug 20137,881104.253.52$27,762
Jul 20138,484102.523.72$31,541
Jun 20137,60094.403.93$29,894
May 20138,03294.834.15$33,325
Apr 20137,53793.964.28$32,278
Mar 20138,84093.623.91$34,590
Feb 20138,61591.233.42$29,463
Jan 201310,08891.603.42$34,500
Dec 20129,79886.773.42$33,511
Nov 20129,64286.953.62$34,952
Oct 20129,83289.383.40$33,426
Sep 20129,74794.672.92$28,446
Aug 20129,69492.662.91$28,192
Jul 20129,61785.133.02$29,051
Jun 20128,63879.822.52$21,759
May 20128,29591.612.49$20,641
Apr 201210,399101.652.00$20,765
Mar 201212,763105.052.22$28,360
Feb 201213,788101.102.57$35,438
Jan 201212,52298.092.73$34,236
Dec 201111,09696.873.24$35,948
Nov 20119,29295.723.31$30,768
Oct 20116,49184.983.65$23,683
Sep 20116,27083.623.99$24,991
Aug 20117,29183.404.15$30,253
Jul 20117,31794.144.52$33,053
Jun 20117,48292.904.64$34,716
May 20118,95198.134.40$39,428
Apr 20118,081105.964.33$35,017
Mar 20117,89196.364.06$32,016
Feb 20117,95885.644.18$33,264
Jan 201111,64786.504.59$53,446
Dec 201010,60785.734.35$46,117
Nov 20109,26480.843.80$35,160
Oct 201013,83278.103.51$48,535
Sep 201011,51472.633.98$45,820
Aug 201010,17173.684.42$44,949
Jul 201013,34472.554.74$63,204
Jun 201011,25470.364.91$55,262
May 201015,42071.124.24$65,307
Apr 201015,22781.694.12$62,776
Mar 201012,75078.394.39$55,956
Feb 201014,12473.585.44$76,868
Jan 201014,10874.365.96$84,141
Dec 200913,04271.445.48$71,519
Nov 20093,82074.593.75$14,331
Oct 200910,77072.544.11$44,267
Sep 200916,23865.543.06$49,765
Aug 200916,38967.423.22$52,748
Jul 200911,32361.133.46$39,229
Jun 200918,15066.163.90$70,694
May 200916,57954.743.93$65,085
Apr 200917,57046.773.59$63,032
Mar 200919,15842.144.06$77,762
Feb 200917,81932.814.63$82,555
Jan 200920,99635.865.37$112,770
Dec 200820,13537.105.98$120,350
Nov 200816,66655.496.86$114,335
Oct 200817,41875.246.92$120,567
Sep 200814,411101.767.88$113,517
Aug 200815,578114.228.48$132,148
Jul 200815,533131.0811.39$176,912
Jun 200814,638131.3313.03$190,772
May 200815,833123.1711.57$183,256
Apr 200816,290110.3110.45$170,310
Mar 200817,503101.909.66$169,150
Feb 200816,86392.538.77$147,898
Jan 200819,90390.388.21$163,319
Dec 200721,44088.337.30$156,554
Nov 200719,03291.677.29$138,776
Oct 200720,09282.856.92$139,076
Sep 200723,63275.846.24$147,562
Aug 200720,40769.066.39$130,359
Jul 200719,50170.906.39$124,571
Jun 200720,62562.007.55$155,687
May 200721,82958.747.85$171,276
Apr 200722,29659.617.81$174,025
Mar 200724,53356.927.30$179,139
Feb 200723,15455.108.22$190,233
Jan 200723,74950.306.73$159,756
Dec 200627,70456.656.92$191,668
Nov 200628,26354.207.62$215,293
Oct 200629,65754.906.01$178,351
Sep 200633,01260.085.04$166,288
Aug 200634,13968.717.34$250,578
Jul 200632,49669.376.34$206,114
Jun 200625,32266.286.38$161,653
May 200647,90166.016.42$307,764
Apr 200651,19064.397.36$376,783
Mar 200657,61056.707.08$408,047
Feb 200659,09057.597.75$458,014
Jan 200681,16860.598.93$725,100
Dec 200574,75154.9413.42$1,002,815

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.

Sep 2017 — as filed, then multipliedworked
Gas                  125 Mcf  × $  3.09 =       $386

────────────────────────────────────────────────────
Month total                                     $386

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/216940 is the state's own key, not one this site invented.