GATLIN SOUTH UNIT

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 230429District 09Field 65280200GasSaveExport
Value, all time
$7.6 M
Oct 2006 – May 2026
Value, last 12 filed months
$122 k
at the published price for each month
Months reported
236
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
GasProduction1,512,520 Mcf$7,591,957
Total$7,591,957

Every month this lease reported (236)

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

236 months

May 20262,713106.413.05$8,263
Apr 20262,64598.932.87$7,590
Mar 20262,74589.753.15$8,645
Feb 20262,49063.503.75$9,338
Jan 20262,73559.138.00$21,874
Dec 20252,77856.664.41$12,260
Nov 20252,75758.593.93$10,825
Oct 20252,42959.383.30$8,027
Sep 20252,71762.743.08$8,360
Aug 20252,82863.933.01$8,526
Jul 20252,85166.743.32$9,452
Jun 20252,78766.483.13$8,720
May 20252,91160.553.23$9,409
Apr 20252,81062.363.54$9,956
Mar 20254,38767.704.27$18,725
Feb 20252,12370.884.34$9,216
Jan 20251,71974.324.28$7,355
Dec 20242,19468.993.12$6,848
Nov 20242,02869.052.20$4,458
Oct 20242,05871.372.28$4,695
Sep 20241,98669.612.36$4,696
Aug 2024075.632.06$0
Jul 20243,39779.932.15$7,292
Jun 20241,14878.082.63$3,024
May 20241,96978.812.20$4,329
Apr 20242,45584.451.66$4,073
Mar 20242,89480.301.55$4,472
Feb 20243,15376.091.78$5,624
Jan 20242,59173.023.30$8,544
Dec 20232,18671.262.61$5,707
Nov 20233,88577.892.81$10,907
Oct 20234,05585.443.09$12,519
Sep 20233,02389.042.74$8,268
Aug 20233,06880.522.67$8,200
Jul 20232,00874.852.64$5,305
Jun 20232,83168.962.26$6,394
May 20233,20770.622.23$7,143
Apr 20233,29478.122.24$7,371
Mar 20233,37972.852.39$8,086
Feb 20233,23975.112.47$7,986
Jan 20233,54176.533.39$11,996
Dec 20221,63976.415.73$9,390
Nov 20223,11885.005.65$17,605
Oct 20223,03487.185.86$17,791
Sep 20223,29584.888.16$26,899
Aug 20223,50194.529.13$31,954
Jul 20223,818101.587.54$28,796
Jun 20222,977115.097.98$23,748
May 20222,816109.378.43$23,747
Apr 20222,623104.226.84$17,935
Mar 20222,580108.885.08$13,097
Feb 20222,33591.054.86$11,345
Jan 20222,77581.844.54$12,592
Dec 20212,64271.323.90$10,301
Nov 20212,53677.435.24$13,281
Oct 20212,58579.795.71$14,770
Sep 20212,50069.865.35$13,377
Aug 20212,63066.024.22$11,100
Jul 20212,31470.783.98$9,215
Jun 20212,83169.493.38$9,571
May 20213,12563.483.02$9,430
Apr 20213,10460.362.76$8,562
Mar 20213,12361.302.72$8,485
Feb 20212,72257.805.55$15,102
Jan 20213,29950.412.81$9,271
Dec 20203,56144.642.68$9,527
Nov 20203,22838.772.71$8,737
Oct 20203,31436.972.48$8,214
Sep 20202,88137.091.99$5,736
Aug 20202,72239.982.39$6,492
Jul 20203,42338.371.83$6,247
Jun 20203,20434.901.69$5,416
May 20202,93416.921.81$5,324
Apr 20203,36114.751.80$6,065
Mar 20203,32230.341.86$6,166
Feb 20202,80949.881.98$5,564
Jan 20203,54257.252.09$7,420
Dec 20193,34259.012.30$7,701
Nov 20193,17655.302.75$8,736
Oct 20192,51453.472.42$6,080
Sep 20192,94055.052.66$7,812
Aug 20192,97353.112.30$6,851
Jul 20193,32356.272.46$8,175
Jun 20193,51152.782.49$8,747
May 20193,96558.482.74$10,865
Apr 20193,82362.632.75$10,516
Mar 20194,10456.803.06$12,567
Feb 20193,37750.852.79$9,429
Jan 20194,42546.033.23$14,285
Dec 20184,57546.594.19$19,148
Nov 20184,27652.934.24$18,118
Oct 20184,68961.443.40$15,934
Sep 20183,42759.543.11$10,651
Aug 20183,56859.403.07$10,941
Jul 20184,18565.142.93$12,270
Jun 20183,69460.183.08$11,366
May 20184,65265.382.90$13,495
Apr 20184,56963.842.90$13,254
Mar 20184,91361.222.79$13,692
Feb 20184,53861.782.77$12,553
Jan 20182,22362.874.01$8,913
Dec 20174,11357.272.92$12,016
Nov 20174,42855.423.12$13,808
Oct 20174,58149.292.98$13,668
Sep 20173,96447.523.09$12,238
Aug 20175,15245.373.00$15,479
Jul 20174,24443.873.09$13,102
Jun 20175,51242.493.09$17,017
May 20174,65945.373.26$15,204
Apr 20174,11747.933.21$13,222
Mar 20174,49046.772.98$13,397
Feb 20174,15650.452.95$12,271
Jan 20174,37249.413.42$14,947
Dec 20164,10248.763.72$15,271
Nov 20163,97842.492.64$10,519
Oct 20164,09646.193.09$12,658
Sep 20163,97941.553.10$12,337
Aug 20164,11141.442.92$12,022
Jul 20164,15641.622.92$12,154
Jun 20164,10545.352.69$11,025
May 20164,19142.521.99$8,344
Apr 20164,17736.561.99$8,317
Mar 20164,16233.011.79$7,467
Feb 20163,75026.472.06$7,739
Jan 20164,42727.352.36$10,467
Dec 20154,59932.362.00$9,204
Nov 20154,53038.792.17$9,818
Oct 20154,78543.552.43$11,611
Sep 20154,77442.992.76$13,169
Aug 20154,92040.162.87$14,133
Jul 20154,91448.152.95$14,472
Jun 20155,14456.152.88$14,829
May 20155,05655.212.96$14,943
Apr 20155,08949.822.71$13,774
Mar 20155,25642.892.93$15,425
Feb 20154,49544.662.98$13,378
Jan 20154,84343.433.10$15,016
Dec 20144,44954.693.59$15,978
Nov 20144,64670.464.25$19,754
Oct 20144,88078.303.90$19,037
Sep 20144,84686.164.05$19,604
Aug 20144,91589.394.04$19,833
Jul 20145,44596.564.18$22,758
Jun 20145,06198.164.74$23,973
May 20145,26594.734.73$24,885
Apr 20145,15995.944.81$24,810
Mar 20145,50095.895.06$27,812
Feb 20144,89597.406.19$30,310
Jan 20145,37790.404.86$26,136
Dec 20135,37991.824.35$23,423
Nov 20135,39188.853.74$20,153
Oct 20135,58197.423.78$21,093
Sep 20135,034104.113.72$18,715
Aug 20135,552104.253.52$19,558
Jul 20135,521102.523.72$20,526
Jun 20135,33694.403.93$20,989
May 20135,82694.834.15$24,173
Apr 20135,50293.964.28$23,563
Mar 20135,63793.623.91$22,057
Feb 20135,18391.233.42$17,725
Jan 20135,97591.603.42$20,434
Dec 20126,54986.773.42$22,399
Nov 20125,70886.953.62$20,691
Oct 20126,20689.383.40$21,098
Sep 20126,03594.672.92$17,613
Aug 20126,80892.662.91$19,799
Jul 20127,00685.133.02$21,164
Jun 20127,17379.822.52$18,069
May 20127,66291.612.49$19,066
Apr 20128,491101.652.00$16,955
Mar 20128,518105.052.22$18,928
Feb 20120101.102.57$0
Jan 20127,60698.092.73$20,795
Dec 20117,44296.873.24$24,110
Nov 20116,82195.723.31$22,586
Oct 20117,38384.983.65$26,937
Sep 20117,19083.623.99$28,658
Aug 20118,02883.404.15$33,311
Jul 20118,18494.144.52$36,969
Jun 20118,48992.904.64$39,388
May 20118,32198.134.40$36,653
Apr 20117,679105.964.33$33,275
Mar 2011096.364.06$0
Feb 20117,40185.644.18$30,936
Jan 20118,61086.504.59$39,509
Dec 20108,55085.734.35$37,173
Nov 20108,32380.843.80$31,589
Oct 20108,89278.103.51$31,201
Sep 20108,58672.633.98$34,168
Aug 20109,18873.684.42$40,605
Jul 20109,40972.554.74$44,566
Jun 20109,30570.364.91$45,691
May 20109,84071.124.24$41,675
Apr 20109,82981.694.12$40,522
Mar 201010,33178.394.39$45,339
Feb 20109,45873.585.44$51,474
Jan 201010,39174.365.96$61,973
Dec 20099,72971.445.48$53,351
Nov 200910,77974.593.75$40,437
Oct 200911,45872.544.11$47,095
Sep 200911,82265.543.06$36,231
Aug 200912,78967.423.22$41,161
Jul 200913,26861.133.46$45,967
Jun 20099,75566.163.90$37,996
May 200910,87054.743.93$42,673
Apr 20099,97846.773.59$35,796
Mar 20099,62042.144.06$39,048
Feb 20099,34132.814.63$43,277
Jan 200910,94335.865.37$58,775
Dec 200812,14737.105.98$72,604
Nov 200810,13355.496.86$69,516
Oct 200810,04175.246.92$69,504
Sep 200810,176101.767.88$80,157
Aug 20086,952114.228.48$58,974
Jul 20088,399131.0811.39$95,660
Jun 200811,376131.3313.03$148,259
May 200812,043123.1711.57$139,389
Apr 200813,648110.3110.45$142,688
Mar 200816,118101.909.66$155,765
Feb 200815,18292.538.77$133,155
Jan 200817,00890.388.21$139,563
Dec 20078,71088.337.30$63,600
Nov 200715,61291.677.29$113,838
Oct 200717,12482.856.92$118,532
Sep 200716,79175.846.24$104,846
Aug 200718,64169.066.39$119,078
Jul 200721,75870.906.39$138,989
Jun 200722,62262.007.55$170,761
May 200725,14258.747.85$197,271
Apr 200726,57359.617.81$207,408
Mar 200729,62356.927.30$216,306
Feb 200729,70055.108.22$244,015
Jan 200737,96050.306.73$255,351
Dec 200639,92656.656.92$276,226
Nov 200646,82454.207.62$356,681
Oct 200611,72654.906.01$70,518

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                2,713 Mcf  × $  3.05 =     $8,263

────────────────────────────────────────────────────
Month total                                   $8,263

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/230429 is the state's own key, not one this site invented.