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 254104District 09Field 65280200GasSaveExport
Value, all time
$2.7 M
Aug 2009 – Mar 2022
Value, last 12 filed months
$0
at the published price for each month
Months reported
152
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
GasProduction716,125 Mcf$2,683,303
Total$2,683,303

Every month this lease reported (152)

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

152 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 20182,70563.842.90$7,847
Mar 2018061.222.79$0
Feb 2018061.782.77$0
Jan 20185,18562.874.01$20,788
Dec 20173,46457.272.92$10,120
Nov 20173,06355.423.12$9,552
Oct 20173,98449.292.98$11,887
Sep 20178,17147.523.09$25,226
Aug 20178,65945.373.00$26,015
Jul 20178,44243.873.09$26,063
Jun 20178,48242.493.09$26,186
May 20179,51745.373.26$31,058
Apr 201710,63647.933.21$34,159
Mar 201710,84246.772.98$32,349
Feb 20176,10850.452.95$18,034
Jan 20177,06949.413.42$24,168
Dec 20165,46248.763.72$20,334
Nov 20165,50442.492.64$14,555
Oct 20165,69346.193.09$17,593
Sep 20166,44241.553.10$19,974
Aug 20166,82241.442.92$19,950
Jul 20165,61441.622.92$16,417
Jun 20165,33545.352.69$14,329
May 20167,54342.521.99$15,018
Apr 20168,27236.561.99$16,470
Mar 20167,46633.011.79$13,394
Feb 20165,81926.472.06$12,008
Jan 2016127.352.36$2
Dec 2015032.362.00$0
Nov 2015038.792.17$0
Oct 20151,05243.552.43$2,553
Sep 20152,23042.992.76$6,151
Aug 20156,19040.162.87$17,781
Jul 20159,05748.152.95$26,674
Jun 20159,13456.152.88$26,332
May 20157,32555.212.96$21,649
Apr 20157,55849.822.71$20,456
Mar 20153,78642.892.93$11,111
Feb 2015144.662.98$3
Jan 20158,57843.433.10$26,597
Dec 20149,30854.693.59$33,428
Nov 20147,89570.464.25$33,568
Oct 20145,38378.303.90$20,999
Sep 20145,44586.164.05$22,027
Aug 20145,26489.394.04$21,241
Jul 20145,57696.564.18$23,305
Jun 20144,48398.164.74$21,235
May 20144,47994.734.73$21,170
Apr 20141,35095.944.81$6,492
Mar 2014095.895.06$0
Feb 2014097.406.19$0
Jan 2014090.404.86$0
Dec 20131,17991.824.35$5,134
Nov 20137,43688.853.74$27,798
Oct 20135,43797.423.78$20,548
Sep 20138,506104.113.72$31,623
Aug 20134,430104.253.52$15,605
Jul 20130102.523.72$0
Jun 20136,75994.403.93$26,586
May 201311,06694.834.15$45,914
Apr 20133,29193.964.28$14,094
Mar 20133,18893.623.91$12,474
Feb 20133,33991.233.42$11,419
Jan 20134,43991.603.42$15,181
Dec 20123,40186.773.42$11,632
Nov 20126,72586.953.62$24,378
Oct 20126,38289.383.40$21,697
Sep 20126,97994.672.92$20,368
Aug 20126,90092.662.91$20,066
Jul 20122,03085.133.02$6,132
Jun 2012079.822.52$0
May 20125,25991.612.49$13,086
Apr 20128,881101.652.00$17,734
Mar 20129,865105.052.22$21,921
Feb 201210,062101.102.57$25,862
Jan 20127,67898.092.73$20,992
Dec 20117,42996.873.24$24,068
Nov 20118,13895.723.31$26,947
Oct 20118,11784.983.65$29,615
Sep 201110,80183.623.99$43,051
Aug 201110,22283.404.15$42,414
Jul 20117,76894.144.52$35,090
Jun 20119,19592.904.64$42,664
May 20119,62598.134.40$42,396
Apr 20110105.964.33$0
Mar 201110,64696.364.06$43,194
Feb 20118,81085.644.18$36,826
Jan 201112,76286.504.59$58,562
Dec 201013,74685.734.35$59,764
Nov 201015,25080.843.80$57,879
Oct 20109,55078.103.51$33,510
Sep 201013,48272.633.98$53,651
Aug 20102,01073.684.42$8,883
Jul 201017,50972.554.74$82,931
Jun 201019,25770.364.91$94,560
May 201017,22271.124.24$72,939
Apr 201022,11881.694.12$91,186
Mar 201018,01078.394.39$79,040
Feb 201025,97673.585.44$141,371
Jan 201031,45374.365.96$187,589
Dec 20093,40371.445.48$18,661
Nov 2009074.593.75$0
Oct 2009072.544.11$0
Sep 2009065.543.06$0
Aug 2009067.423.22$0

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.

Apr 2018 — as filed, then multipliedworked
Gas                2,705 Mcf  × $  2.90 =     $7,847

────────────────────────────────────────────────────
Month total                                   $7,847

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/254104 is the state's own key, not one this site invented.