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NORTH BUFFALO RIVER 27-34-39

North Buffalo River 27-34-39 is an oil lease in Martin County, Texas, operated by Lario Oil & Gas Company in the Spraberry (Trend Area) R 40 Exc field.

1 well

9,544bbl oil, last 12 months−9% vs prior year
Operator
Lario Oil & Gas Company
County
Martin County
Field
Spraberry (Trend Area) R 40 Exc
RRC lease
08-48702

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Where it sits

This county

Martin CountyMartinGainesAndrewsHowardDawsonBordenMartin County
Martin County
Gas, last 12 months
7,741 mcf
Oil in Feb 2023
0 bbl

Checks stopped on this lease?

  • Buyer

    Buyer changed: ET GATHERING & PROCESSING LLC replaced ETC GAS PROCESSING, LLC as the buyer of this lease's gas from oil wells on Mar 1, 2026.

  • Sales

    No sales reported for the last 12 months of state data (through Jul 2026).

SourceRailroad Commission production, P-5 and P-4 records, data through Jul 2026.

See why checks stop on this lease

Production by month

Oil output fell 9% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 9% over the last 12 monthsMonthly oil production and gas for NORTH BUFFALO RIVER 27-34-39, Mar 2020 to Feb 2023. Oil output fell 9% over the last 12 months. 9,544 bbl in the 12 months through Feb 2023, against 10,459 bbl in the 12 months before.Last 12 months: 9,544 bblbbl per monthmcf per month001,0002,0002,0004,0003,0006,0004,0008,000Apr 20JulOctJan 21AprJulOctJan 22AprJulOctJan 23
Oil output fell 9% over the last 12 monthsMonthly oil production and gas for NORTH BUFFALO RIVER 27-34-39, Mar 2020 to Feb 2023. Oil output fell 9% over the last 12 months. 9,544 bbl in the 12 months through Feb 2023, against 10,459 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month001,0002,0002,0004,0003,0006,0004,0008,000Jul 20Jan 21JulJan 22JulJan 23

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

All of the gas went to a processing plant in the last 12 months

All of the gas went to a processing plant in the last 12 monthsShare of NORTH BUFFALO RIVER 27-34-39 gas by disposition code each month, Mar 2020 to Feb 2023. All of the gas went to a processing plant in the last 12 months.Share of the lease’s gas by disposition code, per month0%50%100%Apr 20JulOctJan 21AprJulOctJan 22AprJulOctJan 23
All of the gas went to a processing plant in the last 12 monthsShare of NORTH BUFFALO RIVER 27-34-39 gas by disposition code each month, Mar 2020 to Feb 2023. All of the gas went to a processing plant in the last 12 months.Share of gas by disposition code0%50%100%Jul 20Jan 21JulJan 22JulJan 23

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on NORTH BUFFALO RIVER 27-34-39
API numberWell no.Status
42-317-40552271HWActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Lpc Crude Iii, LLCOilGathers100Aug 1, 2024–
Et Gathering & Processing LLCCasinghead gasBuys100Mar 1, 2026–
Energy Transfer CompanyCasinghead gasGathers100Aug 1, 2024–
Etc Gas Processing, LLCCasinghead gasBuys100Aug 1, 2024Mar 1, 2026
Wtg Gas Processing, L.p.Casinghead gasGathers100Dec 27, 2016Aug 1, 2024
Wtg Gas Processing, L.p.Casinghead gasBuys100Dec 27, 2016Aug 1, 2024
Lpc Crude Oil Marketing LLCOilGathers100Sep 1, 2017Aug 1, 2024

SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).

Who buys my oilOil price check

497.18 acres on the newest permit

  • Worth asking

    An allocation well is on this lease

    A well drilled across several tracts shares its production by an allocation formula, so the decimal is not always your acres over the unit acres. Ask the operator for the allocation formula and the tract factor for your land.

  • Worth asking

    A Rule 37 case is listed

    The RRC permit records list a Rule 37 case. This does not establish your royalty share. Ask for the permit and unit plat for your well.

Check your decimal on this lease
Permits for North Buffalo River 27-34-39
API numberWell no.Acreson the permit
42-317-40552271HW497.18

SourceRailroad Commission drilling permits, Oct 3, 2026 (source 1, source 2).

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36 months, newest first

Ledger for NORTH BUFFALO RIVER 27-34-39
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Feb 202300000$76.83$2.38
Jan 202300000$78.12$3.27
Dec 202200000$76.44$5.53
Nov 202200000$84.37$5.45
Oct 202200000$87.55$5.66
Sep 202200000$84.26$7.88
Aug 20222,4022,4172692690$93.67$8.81
Jul 20222,5432,5401,1691,1690$101.62$7.28
Jun 20221,6391,6301,9991,9990$114.84$7.70
May 202233000$109.55$8.14
Apr 20225906249239230$101.78$6.60
Mar 20222,3672,3513,3813,3810$108.50$4.90
Feb 20221,7021,7062,5532,5530$91.64$4.69
Jan 20221,4711,4485,8965,8960$83.22$4.38
Dec 20211,2761,2854,1614,1610$71.71$3.76
Nov 20211,8561,8952,7702,7700$79.15$5.05
Oct 20212,1412,1231,7301,7300$81.48$5.51
Sep 20211,7491,7281,6341,6340$71.65$5.16
Aug 20212827000$67.73$4.07
Jul 202100000$72.49$3.84
Jun 202100000$71.38$3.26
May 202100000$65.17$2.91
Apr 202107000$61.72$2.66
Mar 2021236229000$62.33$2.62
Feb 20212231000$59.04$5.35
Jan 20214304542,0772,0770$52.00$2.71
Dec 20201,6231,6196,3956,3950$47.02$2.58
Nov 20201,4681,4757,5117,5110$40.94$2.61
Oct 20201,5041,4846,7366,7360$39.40$2.39
Sep 20201,2891,2735,4955,4950$39.63$1.92
Aug 20205255286,7366,7360$42.34$2.30
Jul 20207217222,1732,1730$40.71$1.76
Jun 20207527543,5433,5430$38.31$1.63
May 20207587465,0325,0320$28.56$1.75
Apr 2020741076966960$16.55$1.74
Mar 20201,2601,2432,8462,8460$29.21$1.79

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Oct 2, 2026.

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Nearby

This lease belongs to

OperatorLario Oil & Gas CompanyFieldSpraberry (Trend Area) R 40 ExcCountyMartin County

Lario Oil & Gas Company in Martin County

No other producing leases from this operator in this county are in our data yet.

Spraberry (Trend Area) R 40 Exc field

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