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 254109District 09Field 65280200GasSaveExport
Value, all time
$4.4 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
GasProduction1,183,724 Mcf$4,444,446
Total$4,444,446

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 2018063.842.90$0
Mar 201812261.222.79$340
Feb 20181,80961.782.77$5,004
Jan 20188,96162.874.01$35,928
Dec 20179,46957.272.92$27,664
Nov 20179,18055.423.12$28,627
Oct 201710,00549.292.98$29,852
Sep 201710,21147.523.09$31,524
Aug 201711,18645.373.00$33,607
Jul 201711,44643.873.09$35,337
Jun 201710,71842.493.09$33,089
May 20178,15045.373.26$26,597
Apr 20176,85247.933.21$22,006
Mar 20176,53846.772.98$19,507
Feb 20176,19550.452.95$18,291
Jan 20176,32049.413.42$21,607
Dec 20163,87048.763.72$14,407
Nov 20169,21142.492.64$24,357
Oct 201610,12146.193.09$31,277
Sep 20169,40141.553.10$29,149
Aug 201610,37441.442.92$30,337
Jul 201610,56641.622.92$30,899
Jun 201610,35145.352.69$27,801
May 201611,33542.521.99$22,568
Apr 201610,69936.561.99$21,302
Mar 201610,73933.011.79$19,266
Feb 201610,14926.472.06$20,944
Jan 20167,55527.352.36$17,863
Dec 20159,37732.362.00$18,767
Nov 20157,76838.792.17$16,836
Oct 20155,78543.552.43$14,038
Sep 20158,48442.992.76$23,402
Aug 201510,70340.162.87$30,744
Jul 201510,02848.152.95$29,533
Jun 20158,89456.152.88$25,640
May 20155,68555.212.96$16,802
Apr 201510,85649.822.71$29,383
Mar 201513,25242.892.93$38,891
Feb 20156,55844.662.98$19,518
Jan 20158,49643.433.10$26,343
Dec 20149,52554.693.59$34,208
Nov 20149,08870.464.25$38,641
Oct 20149,43978.303.90$36,821
Sep 20148,37486.164.05$33,877
Aug 20148,07389.394.04$32,576
Jul 201411,48296.564.18$47,990
Jun 201410,51998.164.74$49,827
May 20148,01094.734.73$37,860
Apr 20142,78095.944.81$13,369
Mar 201454695.895.06$2,761
Feb 20143,73197.406.19$23,102
Jan 20147590.404.86$365
Dec 20131,06091.824.35$4,616
Nov 20136,45988.853.74$24,146
Oct 20135,77097.423.78$21,807
Sep 20137,693104.113.72$28,601
Aug 20137,769104.253.52$27,367
Jul 20137,783102.523.72$28,935
Jun 20137,96594.403.93$31,330
May 20139,55794.834.15$39,653
Apr 201311,06393.964.28$47,378
Mar 201310,67793.623.91$41,778
Feb 201310,17791.233.42$34,804
Jan 201311,66491.603.42$39,890
Dec 201211,08286.773.42$37,902
Nov 201210,59286.953.62$38,396
Oct 201210,11989.383.40$34,401
Sep 20129,60994.672.92$28,043
Aug 201211,06392.662.91$32,173
Jul 201210,09185.133.02$30,483
Jun 201211,39379.822.52$28,699
May 201211,55491.612.49$28,750
Apr 201212,435101.652.00$24,830
Mar 201210,452105.052.22$23,225
Feb 201210,983101.102.57$28,229
Jan 201211,37698.092.73$31,103
Dec 201111,88296.873.24$38,495
Nov 201112,79695.723.31$42,371
Oct 201113,62984.983.65$49,726
Sep 201114,59083.623.99$58,153
Aug 201116,49283.404.15$68,431
Jul 201115,99694.144.52$72,258
Jun 201116,30492.904.64$75,649
May 201118,93898.134.40$83,418
Apr 201115,262105.964.33$66,135
Mar 201115,88596.364.06$64,451
Feb 201117,04485.644.18$71,244
Jan 201116,86086.504.59$77,367
Dec 201021,72285.734.35$94,442
Nov 201022,37180.843.80$84,905
Oct 201020,90078.103.51$73,336
Sep 201019,98372.633.98$79,522
Aug 201015,84673.684.42$70,029
Jul 201027,41372.554.74$129,841
Jun 201021,95270.364.91$107,793
May 201030,99571.124.24$131,271
Apr 201032,04581.694.12$132,112
Mar 201037,68078.394.39$165,365
Feb 201039,56273.585.44$215,311
Jan 201054,34874.365.96$324,136
Dec 20095,78271.445.48$31,707
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.

Mar 2018 — as filed, then multipliedworked
Gas                  122 Mcf  × $  2.79 =       $340

────────────────────────────────────────────────────
Month total                                     $340

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/254109 is the state's own key, not one this site invented.