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 224779District 09Field 65280200GasSaveExport
Value, all time
$6.7 M
Jun 2006 – Jun 2022
Value, last 12 filed months
$0
at the published price for each month
Months reported
193
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
GasProduction1,294,862 Mcf$6,652,159
Total$6,652,159

Every month this lease reported (193)

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

193 months

Jun 20220115.097.98$0
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 20196256.803.06$190
Feb 2019050.852.79$0
Jan 2019046.033.23$0
Dec 20183046.594.19$126
Nov 2018052.934.24$0
Oct 2018061.443.40$0
Sep 201885559.543.11$2,657
Aug 20183,19859.403.07$9,807
Jul 20183,81965.142.93$11,197
Jun 20183,43960.183.08$10,582
May 20183,67365.382.90$10,655
Apr 20183,80963.842.90$11,049
Mar 20183,81861.222.79$10,640
Feb 20183,41561.782.77$9,446
Jan 20183,81162.874.01$15,280
Dec 20173,95757.272.92$11,560
Nov 20173,99055.423.12$12,442
Oct 20174,20549.292.98$12,546
Sep 20174,11347.523.09$12,698
Aug 20174,43445.373.00$13,322
Jul 20174,56343.873.09$14,087
Jun 20174,48342.493.09$13,840
May 20174,77945.373.26$15,596
Apr 20174,49047.933.21$14,420
Mar 20175,05346.772.98$15,077
Feb 20174,42250.452.95$13,056
Jan 20175,04749.413.42$17,255
Dec 20164,99648.763.72$18,599
Nov 20164,86142.492.64$12,854
Oct 20165,03246.193.09$15,550
Sep 20164,96141.553.10$15,382
Aug 20165,10141.442.92$14,917
Jul 20164,77241.622.92$13,955
Jun 20164,74945.352.69$12,755
May 20164,77042.521.99$9,497
Apr 20164,87636.561.99$9,708
Mar 20165,08733.011.79$9,126
Feb 20164,93326.472.06$10,180
Jan 20165,42727.352.36$12,831
Dec 20155,68932.362.00$11,386
Nov 20155,39638.792.17$11,695
Oct 20155,21943.552.43$12,664
Sep 20155,69942.992.76$15,720
Aug 20154,98440.162.87$14,316
Jul 20155,23148.152.95$15,406
Jun 20155,35456.152.88$15,435
May 20155,76455.212.96$17,035
Apr 20155,28349.822.71$14,299
Mar 20155,66442.892.93$16,622
Feb 20154,83244.662.98$14,381
Jan 20155,45343.433.10$16,908
Dec 20145,39454.693.59$19,372
Nov 20145,25970.464.25$22,360
Oct 20145,41978.303.90$21,139
Sep 20145,26086.164.05$21,279
Aug 20145,41989.394.04$21,866
Jul 20145,39696.564.18$22,553
Jun 20145,21498.164.74$24,698
May 20145,46194.734.73$25,812
Apr 20145,40095.944.81$25,969
Mar 20145,50995.895.06$27,858
Feb 20145,15897.406.19$31,938
Jan 20145,82190.404.86$28,294
Dec 20135,43391.824.35$23,658
Nov 20135,79788.853.74$21,671
Oct 20135,99197.423.78$22,642
Sep 20135,924104.113.72$22,024
Aug 20136,285104.253.52$22,140
Jul 20136,448102.523.72$23,972
Jun 20136,37894.403.93$25,087
May 20136,75294.834.15$28,015
Apr 20136,72293.964.28$28,788
Mar 20137,14893.623.91$27,969
Feb 20136,69491.233.42$22,893
Jan 20137,63091.603.42$26,094
Dec 20127,90986.773.42$27,050
Nov 20128,04286.953.62$29,152
Oct 20128,46589.383.40$28,778
Sep 20128,71694.672.92$25,437
Aug 20129,56992.662.91$27,828
Jul 201210,11285.133.02$30,546
Jun 201210,49379.822.52$26,432
May 201210,49291.612.49$26,107
Apr 201212,024101.652.00$24,010
Mar 201213,918105.052.22$30,927
Feb 201214,721101.102.57$37,837
Jan 20123,35698.092.73$9,176
Dec 20116,47596.873.24$20,977
Nov 20116,50095.723.31$21,523
Oct 20115,24184.983.65$19,122
Sep 20114,58883.623.99$18,287
Aug 20114,17983.404.15$17,340
Jul 20116,71994.144.52$30,351
Jun 20116,82092.904.64$31,644
May 20117,06598.134.40$31,120
Apr 20117,648105.964.33$33,141
Mar 20118,47096.364.06$34,366
Feb 20118,59085.644.18$35,906
Jan 20119,03686.504.59$41,464
Dec 20107,28985.734.35$31,691
Nov 20108,93180.843.80$33,896
Oct 201010,02978.103.51$35,191
Sep 201010,48772.633.98$41,733
Aug 20108,71073.684.42$38,493
Jul 20104,28372.554.74$20,286
Jun 20104,72970.364.91$23,221
May 20107,46271.124.24$31,603
Apr 20109,67981.694.12$39,904
Mar 201011,13878.394.39$48,881
Feb 201010,96273.585.44$59,659
Jan 201013,75974.365.96$82,060
Dec 200916,17671.445.48$88,705
Nov 200916,91774.593.75$63,464
Oct 20097,60372.544.11$31,250
Sep 20098,25165.543.06$25,287
Aug 20098,17967.423.22$26,324
Jul 200910,01961.133.46$34,711
Jun 200910,58466.163.90$41,225
May 20098,88854.743.93$34,892
Apr 20098,13946.773.59$29,199
Mar 20099,53542.144.06$38,703
Feb 20097,76432.814.63$35,971
Jan 20099,35135.865.37$50,224
Dec 20088,89137.105.98$53,143
Nov 20087,26855.496.86$49,861
Oct 20088,40975.246.92$58,207
Sep 200811,850101.767.88$93,344
Aug 200811,730114.228.48$99,506
Jul 20088,699131.0811.39$99,077
Jun 20089,393131.3313.03$122,415
May 200811,742123.1711.57$135,905
Apr 200813,957110.3110.45$145,918
Mar 200810,960101.909.66$105,918
Feb 200811,09492.538.77$97,301
Jan 200812,45790.388.21$102,219
Dec 200711,04888.337.30$80,672
Nov 200712,72391.677.29$92,772
Oct 200714,44282.856.92$99,967
Sep 200713,53375.846.24$84,502
Aug 200717,85069.066.39$114,025
Jul 200711,52970.906.39$73,647
Jun 200713,81062.007.55$104,244
May 200716,38258.747.85$128,538
Apr 200716,64559.617.81$129,918
Mar 200718,41256.927.30$134,444
Feb 200717,67055.108.22$145,177
Jan 200720,68950.306.73$139,172
Dec 200621,31156.656.92$147,439
Nov 200624,24354.207.62$184,671
Oct 200626,07254.906.01$156,792
Sep 200627,65560.085.04$139,304
Aug 200632,90968.717.34$241,549
Jul 200639,35569.376.34$249,619
Jun 200634,61266.286.38$220,959

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 2019 — as filed, then multipliedworked
Gas                   62 Mcf  × $  3.06 =       $190

────────────────────────────────────────────────────
Month total                                     $190

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/224779 is the state's own key, not one this site invented.