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 239005District 09Field 65280200GasSaveExport
Value, all time
$10.6 M
Apr 2008 – May 2026
Value, last 12 filed months
$235 k
at the published price for each month
Months reported
218
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
GasProduction2,362,693 Mcf$10,561,941
Total$10,561,941

Every month this lease reported (218)

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

218 months

May 20265,029106.413.05$15,318
Apr 20264,99598.932.87$14,334
Mar 20265,21289.753.15$16,415
Feb 20264,74063.503.75$17,777
Jan 20265,33259.138.00$42,645
Dec 20255,33856.664.41$23,559
Nov 20255,24958.593.93$20,610
Oct 20255,37459.383.30$17,760
Sep 20255,23962.743.08$16,120
Aug 20255,34263.933.01$16,105
Jul 20255,38766.743.32$17,859
Jun 20255,18366.483.13$16,216
May 20255,45960.553.23$17,645
Apr 20255,29762.363.54$18,768
Mar 20255,47867.704.27$23,382
Feb 20255,00870.884.34$21,739
Jan 20255,47374.324.28$23,417
Dec 20245,58768.993.12$17,439
Nov 20245,50869.052.20$12,109
Oct 20245,77571.372.28$13,175
Sep 20245,51869.612.36$13,047
Aug 20245,77375.632.06$11,913
Jul 20245,95179.932.15$12,774
Jun 20245,83378.082.63$15,364
May 20246,08378.812.20$13,373
Apr 20245,92984.451.66$9,837
Mar 20245,83580.301.55$9,016
Feb 20245,13376.091.78$9,155
Jan 20246,13173.023.30$20,218
Dec 20236,32171.262.61$16,502
Nov 20236,07177.892.81$17,045
Oct 20236,20585.443.09$19,157
Sep 20235,90189.042.74$16,139
Aug 20236,12680.522.67$16,374
Jul 20236,04574.852.64$15,970
Jun 20235,67768.962.26$12,821
May 20236,40370.622.23$14,262
Apr 20236,06078.122.24$13,561
Mar 20236,28772.852.39$15,046
Feb 20235,70275.112.47$14,059
Jan 20236,22076.533.39$21,072
Dec 20226,02476.415.73$34,512
Nov 20225,84185.005.65$32,979
Oct 20226,00987.185.86$35,235
Sep 20225,78384.888.16$47,211
Aug 20225,78594.529.13$52,801
Jul 20226,037101.587.54$45,532
Jun 20226,034115.097.98$48,134
May 20225,811109.378.43$49,004
Apr 20225,546104.226.84$37,921
Mar 20226,010108.885.08$30,509
Feb 20225,35991.054.86$26,039
Jan 20224,55181.844.54$20,651
Dec 20214,65771.323.90$18,158
Nov 20214,46977.435.24$23,403
Oct 20214,91579.795.71$28,084
Sep 20216,10369.865.35$32,657
Aug 20215,73466.024.22$24,201
Jul 20216,47970.783.98$25,800
Jun 20215,60769.493.38$18,955
May 20215,67963.483.02$17,137
Apr 20215,79960.362.76$15,996
Mar 20216,38961.302.72$17,359
Feb 20215,32557.805.55$29,543
Jan 20216,32750.412.81$17,781
Dec 20207,06044.642.68$18,889
Nov 20206,52338.772.71$17,655
Oct 20206,47536.972.48$16,048
Sep 20207,20037.091.99$14,335
Aug 20207,35339.982.39$17,538
Jul 20206,72438.371.83$12,272
Jun 20206,59434.901.69$11,146
May 20206,39916.921.81$11,613
Apr 20206,34214.751.80$11,443
Mar 20207,52630.341.86$13,970
Feb 20206,40749.881.98$12,690
Jan 20207,94157.252.09$16,634
Dec 20198,55359.012.30$19,709
Nov 20197,89855.302.75$21,725
Oct 20192,80653.472.42$6,786
Sep 20194,02555.052.66$10,696
Aug 20195,40053.112.30$12,444
Jul 20197,66256.272.46$18,849
Jun 20197,39152.782.49$18,412
May 20197,34958.482.74$20,139
Apr 20197,22462.632.75$19,871
Mar 20196,78356.803.06$20,770
Feb 20195,86250.852.79$16,368
Jan 20198,00846.033.23$25,851
Dec 20188,49646.594.19$35,560
Nov 20188,45152.934.24$35,809
Oct 20187,84361.443.40$26,651
Sep 20187,59659.543.11$23,608
Aug 20188,98759.403.07$27,559
Jul 20188,87265.142.93$26,012
Jun 20188,95060.183.08$27,538
May 20189,46165.382.90$27,444
Apr 20189,58263.842.90$27,795
Mar 201810,54161.222.79$29,376
Feb 20189,02661.782.77$24,967
Jan 20186,09362.874.01$24,429
Dec 20176,85257.272.92$20,018
Nov 20176,51755.423.12$20,322
Oct 20176,84049.292.98$20,408
Sep 20176,79347.523.09$20,972
Aug 20177,54445.373.00$22,665
Jul 20178,67143.873.09$26,770
Jun 20178,28542.493.09$25,578
May 20178,55045.373.26$27,902
Apr 20177,99147.933.21$25,664
Mar 20178,14046.772.98$24,287
Feb 20177,73050.452.95$22,824
Jan 20178,18949.413.42$27,997
Dec 20168,33148.763.72$31,015
Nov 20168,43942.492.64$22,316
Oct 20167,77046.193.09$24,011
Sep 20167,45541.553.10$23,115
Aug 20168,26241.442.92$24,161
Jul 20168,80941.622.92$25,761
Jun 20168,58445.352.69$23,055
May 20169,10442.521.99$18,126
Apr 20168,75136.561.99$17,424
Mar 20169,13033.011.79$16,379
Feb 20168,26426.472.06$17,054
Jan 20168,95427.352.36$21,170
Dec 20159,46632.362.00$18,945
Nov 20159,17938.792.17$19,894
Oct 20159,56443.552.43$23,208
Sep 20159,11442.992.76$25,140
Aug 20159,48740.162.87$27,251
Jul 201510,01248.152.95$29,486
Jun 20159,81356.152.88$28,290
May 20159,93355.212.96$29,356
Apr 20159,69449.822.71$26,237
Mar 201510,15342.892.93$29,796
Feb 20159,03144.662.98$26,878
Jan 20159,54243.433.10$29,586
Dec 20149,82654.693.59$35,289
Nov 201410,21170.464.25$43,416
Oct 201410,71978.303.90$41,814
Sep 201410,39086.164.05$42,032
Aug 201410,16989.394.04$41,033
Jul 201410,07396.564.18$42,101
Jun 20149,55698.164.74$45,266
May 20149,94394.734.73$46,996
Apr 20149,75195.944.81$46,894
Mar 20149,93995.895.06$50,260
Feb 20149,08697.406.19$56,261
Jan 20149,95390.404.86$48,379
Dec 20139,88491.824.35$43,040
Nov 201310,07288.853.74$37,652
Oct 201310,58997.423.78$40,020
Sep 201310,022104.113.72$37,259
Aug 201310,329104.253.52$36,385
Jul 201310,661102.523.72$39,635
Jun 201310,38994.403.93$40,864
May 201310,98894.834.15$45,590
Apr 201310,81193.964.28$46,299
Mar 201311,26193.623.91$44,063
Feb 201310,35091.233.42$35,396
Jan 201311,82691.603.42$40,444
Dec 201211,94986.773.42$40,867
Nov 201211,56686.953.62$41,926
Oct 201212,04089.383.40$40,932
Sep 201211,81394.672.92$34,475
Aug 201212,86092.662.91$37,399
Jul 201212,45185.133.02$37,612
Jun 201212,34279.822.52$31,090
May 201212,86191.612.49$32,002
Apr 201212,295101.652.00$24,551
Mar 201212,408105.052.22$27,572
Feb 201212,268101.102.57$31,532
Jan 201213,38698.092.73$36,598
Dec 201113,75596.873.24$44,563
Nov 201113,70195.723.31$45,368
Oct 201114,43684.983.65$52,670
Sep 201114,22083.623.99$56,678
Aug 201114,02683.404.15$58,198
Jul 201114,35494.144.52$64,840
Jun 201113,89892.904.64$64,485
May 201114,62498.134.40$64,416
Apr 201114,488105.964.33$62,781
Mar 201115,69896.364.06$63,692
Feb 201114,50085.644.18$60,610
Jan 201116,59486.504.59$76,146
Dec 201017,22085.734.35$74,868
Nov 201017,36480.843.80$65,902
Oct 201022,08278.103.51$77,483
Sep 201019,57572.633.98$77,898
Aug 201024,35573.684.42$107,634
Jul 201024,26572.554.74$114,931
Jun 201023,20770.364.91$113,956
May 201019,60971.124.24$83,048
Apr 201017,34581.694.12$71,508
Mar 201019,30578.394.39$84,723
Feb 201016,35573.585.44$89,010
Jan 201017,57774.365.96$104,831
Dec 200918,24571.445.48$100,051
Nov 200917,84674.593.75$66,949
Oct 200919,87672.544.11$81,695
Sep 200919,57365.543.06$59,986
Aug 200919,23367.423.22$61,901
Jul 200922,12861.133.46$76,662
Jun 200922,32466.163.90$86,952
May 200924,79454.743.93$97,335
Apr 200924,71046.773.59$88,647
Mar 200926,77042.144.06$108,659
Feb 200925,62832.814.63$118,735
Jan 200930,01835.865.37$161,227
Dec 200831,81537.105.98$190,163
Nov 200833,26155.496.86$228,182
Oct 200837,40675.246.92$258,924
Sep 200838,107101.767.88$300,172
Aug 200841,615114.228.48$353,021
Jul 200848,102131.0811.39$547,854
Jun 200853,598131.3313.03$698,523
May 200835,742123.1711.57$413,688
Apr 200822,484110.3110.45$235,067

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                5,029 Mcf  × $  3.05 =    $15,318

────────────────────────────────────────────────────
Month total                                  $15,318

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/239005 is the state's own key, not one this site invented.