GATLIN, WINSTON

Operated by FORMENTERA OPERATIONS LLC (P-5 276959) 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 207980District 09Field 65280200GasSaveExport
Value, all time
$13.4 M
Feb 2005 – May 2026
Value, last 12 filed months
$123 k
at the published price for each month
Months reported
256
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
GasProduction2,286,331 Mcf$13,359,869
Total$13,359,869

Every month this lease reported (256)

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

256 months

May 20262,346106.413.05$7,146
Apr 20262,52098.932.87$7,232
Mar 20262,64289.753.15$8,321
Feb 20262,37563.503.75$8,907
Jan 20262,66459.138.00$21,306
Dec 20252,65256.664.41$11,704
Nov 20252,61558.593.93$10,268
Oct 20252,80059.383.30$9,254
Sep 20252,77462.743.08$8,535
Aug 20252,80963.933.01$8,468
Jul 20252,89266.743.32$9,588
Jun 20253,79366.483.13$11,867
May 20254,02260.553.23$13,000
Apr 20254,07762.363.54$14,445
Mar 20254,41267.704.27$18,832
Feb 20253,40670.884.34$14,785
Jan 20252,50074.324.28$10,697
Dec 20242,76268.993.12$8,621
Nov 20242,64769.052.20$5,819
Oct 20242,69371.372.28$6,144
Sep 20242,70869.612.36$6,403
Aug 20242,87575.632.06$5,933
Jul 20243,19379.932.15$6,854
Jun 20243,07078.082.63$8,086
May 20243,15478.812.20$6,934
Apr 20242,54384.451.66$4,219
Mar 20242,63780.301.55$4,075
Feb 20242,75676.091.78$4,916
Jan 20243,07473.023.30$10,137
Dec 20233,21971.262.61$8,404
Nov 20233,00477.892.81$8,434
Oct 20233,15185.443.09$9,728
Sep 20233,11189.042.74$8,509
Aug 20232,88280.522.67$7,703
Jul 20233,21074.852.64$8,480
Jun 20233,34868.962.26$7,561
May 20233,40370.622.23$7,580
Apr 20232,98878.122.24$6,686
Mar 20232,57572.852.39$6,162
Feb 20232,22375.112.47$5,481
Jan 20232,51976.533.39$8,534
Dec 20222,65476.415.73$15,205
Nov 20222,59785.005.65$14,663
Oct 20222,69687.185.86$15,809
Sep 20222,74584.888.16$22,409
Aug 20222,83694.529.13$25,885
Jul 20222,824101.587.54$21,299
Jun 20222,759115.097.98$22,009
May 20222,862109.378.43$24,135
Apr 20222,795104.226.84$19,111
Mar 20223,056108.885.08$15,513
Feb 20222,93291.054.86$14,246
Jan 20223,15081.844.54$14,294
Dec 20212,99971.323.90$11,693
Nov 20212,76777.435.24$14,490
Oct 20212,94579.795.71$16,827
Sep 20213,02569.865.35$16,187
Aug 20212,95966.024.22$12,489
Jul 20212,99670.783.98$11,930
Jun 20213,06169.493.38$10,348
May 20213,37563.483.02$10,185
Apr 20213,14160.362.76$8,664
Mar 20213,57761.302.72$9,718
Feb 20213,10257.805.55$17,210
Jan 20213,29350.412.81$9,254
Dec 20203,34244.642.68$8,941
Nov 20203,28538.772.71$8,891
Oct 20203,50636.972.48$8,689
Sep 20203,54037.091.99$7,048
Aug 20203,33539.982.39$7,954
Jul 20203,63938.371.83$6,642
Jun 20203,47234.901.69$5,869
May 20203,53216.921.81$6,410
Apr 20203,08114.751.80$5,559
Mar 20203,49030.341.86$6,478
Feb 20203,90349.881.98$7,731
Jan 20203,60657.252.09$7,554
Dec 20193,52159.012.30$8,114
Nov 20193,33755.302.75$9,179
Oct 20193,92853.472.42$9,500
Sep 20193,57355.052.66$9,494
Aug 20193,66553.112.30$8,445
Jul 20193,94356.272.46$9,700
Jun 20193,68352.782.49$9,175
May 20193,74958.482.74$10,273
Apr 20193,82362.632.75$10,516
Mar 20193,90356.803.06$11,951
Feb 20193,54450.852.79$9,896
Jan 20194,13946.033.23$13,361
Dec 20184,44246.594.19$18,592
Nov 20184,47052.934.24$18,940
Oct 20185,21561.443.40$17,721
Sep 20184,72059.543.11$14,670
Aug 20185,21159.403.07$15,980
Jul 20185,03965.142.93$14,774
Jun 20184,94060.183.08$15,200
May 20185,17465.382.90$15,009
Apr 20185,17563.842.90$15,012
Mar 20185,47361.222.79$15,252
Feb 20185,02261.782.77$13,891
Jan 20185,55762.874.01$22,280
Dec 20175,40157.272.92$15,779
Nov 20175,30555.423.12$16,543
Oct 20175,55949.292.98$16,586
Sep 20175,33847.523.09$16,480
Aug 20175,50245.373.00$16,530
Jul 20178,65643.873.09$26,724
Jun 20179,28842.493.09$28,675
May 20177,61945.373.26$24,864
Apr 20175,83947.933.21$18,753
Mar 20176,01746.772.98$17,953
Feb 20174,99050.452.95$14,733
Jan 20175,55849.413.42$19,002
Dec 20166,00248.763.72$22,344
Nov 20165,74942.492.64$15,202
Oct 20166,49046.193.09$20,056
Sep 20166,32741.553.10$19,618
Aug 20166,55641.442.92$19,172
Jul 20166,49341.622.92$18,988
Jun 20166,27245.352.69$16,846
May 20166,32542.521.99$12,593
Apr 20166,53636.561.99$13,013
Mar 20166,09133.011.79$10,927
Feb 20165,20526.472.06$10,741
Jan 20165,67427.352.36$13,415
Dec 20155,86432.362.00$11,736
Nov 20155,84538.792.17$12,668
Oct 20156,47143.552.43$15,702
Sep 20155,52042.992.76$15,226
Aug 20155,28740.162.87$15,187
Jul 20155,45148.152.95$16,054
Jun 20155,62956.152.88$16,228
May 20156,16755.212.96$18,226
Apr 20156,12549.822.71$16,578
Mar 20155,76942.892.93$16,930
Feb 20154,38844.662.98$13,060
Jan 20154,77943.433.10$14,818
Dec 20146,58254.693.59$23,638
Nov 20146,43270.464.25$27,348
Oct 20146,57478.303.90$25,645
Sep 20146,60286.164.05$26,708
Aug 20147,08189.394.04$28,573
Jul 20147,16196.564.18$29,930
Jun 20147,01098.164.74$33,206
May 20147,16794.734.73$33,875
Apr 20146,68595.944.81$32,149
Mar 20146,46095.895.06$32,667
Feb 20145,96097.406.19$36,904
Jan 20147,42390.404.86$36,081
Dec 20137,51491.824.35$32,720
Nov 20137,44888.853.74$27,843
Oct 20137,68297.423.78$29,033
Sep 20137,672104.113.72$28,523
Aug 20137,641104.253.52$26,916
Jul 20137,849102.523.72$29,181
Jun 20137,68094.403.93$30,209
May 20138,02194.834.15$33,280
Apr 20137,72693.964.28$33,087
Mar 20138,03893.623.91$31,452
Feb 20137,44791.233.42$25,468
Jan 20138,35491.603.42$28,570
Dec 20128,23286.773.42$28,155
Nov 20128,01686.953.62$29,058
Oct 20128,05689.383.40$27,388
Sep 20127,77794.672.92$22,696
Aug 20128,04792.662.91$23,402
Jul 20127,81585.133.02$23,608
Jun 20127,60279.822.52$19,150
May 20128,26491.612.49$20,563
Apr 20128,261101.652.00$16,496
Mar 20128,642105.052.22$19,203
Feb 20128,343101.102.57$21,444
Jan 20128,83798.092.73$24,161
Dec 20119,15696.873.24$29,663
Nov 20118,77595.723.31$29,056
Oct 20118,62184.983.65$31,454
Sep 20118,70183.623.99$34,680
Aug 20118,36183.404.15$34,692
Jul 20119,50794.144.52$42,945
Jun 20119,15192.904.64$42,460
May 20119,81698.134.40$43,238
Apr 20119,821105.964.33$42,557
Mar 201110,32296.364.06$41,880
Feb 20119,58385.644.18$40,057
Jan 201110,64486.504.59$48,843
Dec 20109,70985.734.35$42,212
Nov 20106,34780.843.80$24,089
Oct 20101,86778.103.51$6,551
Sep 2010072.633.98$0
Aug 2010073.684.42$0
Jul 2010072.554.74$0
Jun 2010070.364.91$0
May 20103,54171.124.24$14,997
Apr 201010,31181.694.12$42,509
Mar 201011,14978.394.39$48,929
Feb 201010,85773.585.44$59,088
Jan 201012,23474.365.96$72,965
Dec 200912,26371.445.48$67,247
Nov 200911,99574.593.75$44,999
Oct 200912,33772.544.11$50,708
Sep 200912,04965.543.06$36,927
Aug 200915,40767.423.22$49,587
Jul 200914,27361.133.46$49,449
Jun 200913,91766.163.90$54,207
May 200915,21654.743.93$59,734
Apr 200914,63446.773.59$52,499
Mar 200915,34442.144.06$62,281
Feb 200913,90932.814.63$64,440
Jan 200915,96435.865.37$85,743
Dec 200815,84537.105.98$94,708
Nov 200816,56555.496.86$113,642
Oct 200814,11975.246.92$97,731
Sep 200812,290101.767.88$96,809
Aug 200815,317114.228.48$129,934
Jul 200820,168131.0811.39$229,702
Jun 200820,979131.3313.03$273,412
May 200813,028123.1711.57$150,790
Apr 20080110.3110.45$0
Mar 20080101.909.66$0
Feb 2008092.538.77$0
Jan 2008090.388.21$0
Dec 2007088.337.30$0
Nov 2007091.677.29$0
Oct 2007082.856.92$0
Sep 200711,42375.846.24$71,327
Aug 200720,38669.066.39$130,225
Jul 200721,59270.906.39$137,928
Jun 200720,56062.007.55$155,196
May 200721,55458.747.85$169,119
Apr 200721,41459.617.81$167,141
Mar 200723,12456.927.30$168,851
Feb 200721,29255.108.22$174,935
Jan 200724,09650.306.73$162,090
Dec 200625,19156.656.92$174,282
Nov 200623,78454.207.62$181,174
Oct 200625,89054.906.01$155,697
Sep 200625,11360.085.04$126,499
Aug 200626,08268.717.34$191,440
Jul 200626,75269.376.34$169,682
Jun 200625,89066.286.38$165,279
May 200627,02666.016.42$173,642
Apr 200627,79264.397.36$204,562
Mar 200632,74656.707.08$231,937
Feb 200630,46657.597.75$236,146
Jan 200634,83360.598.93$311,174
Dec 200536,71654.9413.42$492,560
Nov 200537,22154.6910.59$394,111
Oct 200539,97958.3413.80$551,541
Sep 200541,91461.4512.08$506,279
Aug 200543,69061.519.80$428,024
Jul 200550,56555.697.84$396,614
Jun 200538,38952.337.38$283,351
May 200550,91145.226.65$338,617
Apr 200556,50249.207.36$415,882
Mar 200562,21550.377.15$445,141
Feb 20059,77645.226.31$61,705

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.

May 2026 — as filed, then multipliedworked
Gas                2,346 Mcf  × $  3.05 =     $7,146

────────────────────────────────────────────────────
Month total                                   $7,146

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/207980 is the state's own key, not one this site invented.