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 240308District 09Field 65280200GasSaveExport
Value, all time
$8.3 M
May 2008 – May 2026
Value, last 12 filed months
$128 k
at the published price for each month
Months reported
217
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
GasProduction1,886,446 Mcf$8,286,614
Total$8,286,614

Every month this lease reported (217)

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

217 months

May 20263,137106.413.05$9,555
Apr 20262,42398.932.87$6,953
Mar 20262,72889.753.15$8,592
Feb 20262,55563.503.75$9,582
Jan 20262,86759.138.00$22,930
Dec 20252,92556.664.41$12,909
Nov 20252,82158.593.93$11,076
Oct 20252,86459.383.30$9,465
Sep 20252,47062.743.08$7,600
Aug 20252,94163.933.01$8,866
Jul 20252,97666.743.32$9,866
Jun 20253,29166.483.13$10,297
May 20253,44160.553.23$11,122
Apr 20253,30162.363.54$11,696
Mar 20253,24167.704.27$13,834
Feb 20252,50770.884.34$10,882
Jan 20252,69574.324.28$11,531
Dec 20242,82468.993.12$8,815
Nov 20242,72469.052.20$5,989
Oct 20243,26771.372.28$7,453
Sep 20243,37269.612.36$7,973
Aug 20243,60675.632.06$7,441
Jul 20243,56379.932.15$7,648
Jun 20243,31478.082.63$8,729
May 20243,39178.812.20$7,455
Apr 20243,30984.451.66$5,490
Mar 20243,38880.301.55$5,235
Feb 20243,10876.091.78$5,544
Jan 20243,20073.023.30$10,553
Dec 20233,41471.262.61$8,913
Nov 20233,54277.892.81$9,944
Oct 20233,63885.443.09$11,232
Sep 20233,35789.042.74$9,182
Aug 20233,51480.522.67$9,393
Jul 20233,54774.852.64$9,370
Jun 20233,30168.962.26$7,455
May 20233,15470.622.23$7,025
Apr 20233,46178.122.24$7,745
Mar 20233,77772.852.39$9,039
Feb 20233,53375.112.47$8,711
Jan 20233,99276.533.39$13,524
Dec 20223,80776.415.73$21,811
Nov 20223,74385.005.65$21,134
Oct 20223,42687.185.86$20,089
Sep 20223,34384.888.16$27,291
Aug 20223,38694.529.13$30,905
Jul 20223,384101.587.54$25,522
Jun 20223,329115.097.98$26,556
May 20223,365109.378.43$28,377
Apr 20223,266104.226.84$22,332
Mar 20222,935108.885.08$14,899
Feb 20222,75991.054.86$13,406
Jan 20223,25981.844.54$14,788
Dec 20213,44971.323.90$13,448
Nov 20213,37677.435.24$17,680
Oct 20213,41279.795.71$19,496
Sep 20213,24469.865.35$17,358
Aug 20213,34866.024.22$14,131
Jul 20213,40770.783.98$13,567
Jun 20213,31669.493.38$11,210
May 20213,41363.483.02$10,299
Apr 20213,23760.362.76$8,929
Mar 20213,41461.302.72$9,276
Feb 20213,03457.805.55$16,832
Jan 20213,27650.412.81$9,206
Dec 20203,37244.642.68$9,022
Nov 20203,25038.772.71$8,796
Oct 20203,29236.972.48$8,159
Sep 20203,15537.091.99$6,282
Aug 20203,32639.982.39$7,933
Jul 20203,38138.371.83$6,171
Jun 20203,14834.901.69$5,321
May 20203,50116.921.81$6,353
Apr 20203,87414.751.80$6,990
Mar 20203,82830.341.86$7,106
Feb 20203,63549.881.98$7,200
Jan 20203,96757.252.09$8,310
Dec 20194,00059.012.30$9,217
Nov 20193,81155.302.75$10,483
Oct 20194,04153.472.42$9,773
Sep 20193,85755.052.66$10,249
Aug 20193,65853.112.30$8,429
Jul 20193,71656.272.46$9,142
Jun 20193,68452.782.49$9,178
May 20194,15358.482.74$11,381
Apr 20193,86262.632.75$10,623
Mar 20194,24856.803.06$13,008
Feb 20193,95850.852.79$11,052
Jan 20194,58746.033.23$14,808
Dec 20184,84346.594.19$20,270
Nov 20184,67352.934.24$19,801
Oct 20184,91861.443.40$16,712
Sep 20184,68659.543.11$14,564
Aug 20185,19259.403.07$15,922
Jul 20185,48865.142.93$16,090
Jun 20184,78460.183.08$14,720
May 20185,29865.382.90$15,368
Apr 20185,88563.842.90$17,071
Mar 20185,90361.222.79$16,451
Feb 20185,82561.782.77$16,113
Jan 20187,33762.874.01$29,416
Dec 20179,10957.272.92$26,612
Nov 20178,93955.423.12$27,875
Oct 20179,11949.292.98$27,208
Sep 20178,98947.523.09$27,752
Aug 20178,90045.373.00$26,739
Jul 201710,07043.873.09$31,089
Jun 20179,82442.493.09$30,329
May 201711,00145.373.26$35,901
Apr 201711,40347.933.21$36,622
Mar 201712,06146.772.98$35,986
Feb 201711,14050.452.95$32,892
Jan 201710,91549.413.42$37,316
Dec 201610,01748.763.72$37,292
Nov 20169,87542.492.64$26,113
Oct 20169,69046.193.09$29,945
Sep 20169,45741.553.10$29,323
Aug 201610,02141.442.92$29,305
Jul 20167,19441.622.92$21,038
Jun 20166,71045.352.69$18,022
May 20167,07042.521.99$14,077
Apr 20166,51236.561.99$12,966
Mar 20167,03433.011.79$12,619
Feb 20166,51726.472.06$13,449
Jan 20166,91627.352.36$16,352
Dec 20157,18532.362.00$14,380
Nov 20157,07938.792.17$15,343
Oct 20157,52243.552.43$18,253
Sep 20156,92442.992.76$19,099
Aug 20157,44940.162.87$21,397
Jul 20157,47648.152.95$22,017
Jun 20157,25356.152.88$20,909
May 20157,50355.212.96$22,175
Apr 20157,07049.822.71$19,135
Mar 20157,60442.892.93$22,316
Feb 20157,10844.662.98$21,155
Jan 20158,75943.433.10$27,158
Dec 20147,29754.693.59$26,206
Nov 20147,70170.464.25$32,743
Oct 20147,50678.303.90$29,281
Sep 20147,48386.164.05$30,272
Aug 20147,50389.394.04$30,276
Jul 20148,53796.564.18$35,681
Jun 20147,08898.164.74$33,575
May 20148,13694.734.73$38,455
Apr 20147,99095.944.81$38,425
Mar 20148,26595.895.06$41,794
Feb 20147,53097.406.19$46,626
Jan 20148,17990.404.86$39,756
Dec 20138,15391.824.35$35,502
Nov 20138,29488.853.74$31,005
Oct 20139,01097.423.78$34,052
Sep 20138,560104.113.72$31,824
Aug 20138,648104.253.52$30,464
Jul 20138,942102.523.72$33,244
Jun 20138,63294.403.93$33,953
May 20139,22494.834.15$38,271
Apr 20139,15493.964.28$39,203
Mar 20139,51993.623.91$37,247
Feb 201312,28391.233.42$42,007
Jan 201313,55191.603.42$46,343
Dec 201214,64986.773.42$50,102
Nov 201214,46286.953.62$52,424
Oct 201214,90689.383.40$50,676
Sep 201214,32694.672.92$41,809
Aug 201214,57392.662.91$42,381
Jul 201215,00985.133.02$45,339
Jun 201215,64479.822.52$39,408
May 201216,71991.612.49$41,602
Apr 201215,774101.652.00$31,498
Mar 201216,459105.052.22$36,573
Feb 201216,408101.102.57$42,173
Jan 201217,17998.092.73$46,969
Dec 201116,98596.873.24$55,027
Nov 201116,97895.723.31$56,219
Oct 201117,54084.983.65$63,995
Sep 201117,70883.623.99$70,581
Aug 201116,14483.404.15$66,987
Jul 201112,74794.144.52$57,581
Jun 201112,38092.904.64$57,442
May 201113,18798.134.40$58,086
Apr 201114,150105.964.33$61,316
Mar 201114,29396.364.06$57,992
Feb 201113,06485.644.18$54,607
Jan 201115,12986.504.59$69,424
Dec 201015,67585.734.35$68,151
Nov 201015,83480.843.80$60,095
Oct 201010,80078.103.51$37,896
Sep 2010072.633.98$0
Aug 2010073.684.42$0
Jul 2010072.554.74$0
Jun 2010070.364.91$0
May 20105,68171.124.24$24,060
Apr 201016,80481.694.12$69,278
Mar 201017,48778.394.39$76,745
Feb 201016,72173.585.44$91,002
Jan 201018,76074.365.96$111,886
Dec 200919,51571.445.48$107,015
Nov 200917,93974.593.75$67,298
Oct 200920,17872.544.11$82,937
Sep 200920,39465.543.06$62,503
Aug 200917,54167.423.22$56,456
Jul 200920,27561.133.46$70,243
Jun 200920,36066.163.90$79,302
May 200923,08054.743.93$90,606
Apr 200922,19446.773.59$79,621
Mar 200923,96142.144.06$97,258
Feb 200922,74632.814.63$105,382
Jan 200926,69635.865.37$143,384
Dec 200828,11137.105.98$168,023
Nov 200828,56655.496.86$195,973
Oct 200833,35475.246.92$230,876
Sep 200833,637101.767.88$264,962
Aug 200836,794114.228.48$312,124
Jul 200841,423131.0811.39$471,784
Jun 200844,180131.3313.03$575,782
May 200822,184123.1711.57$256,764

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                3,137 Mcf  × $  3.05 =     $9,555

────────────────────────────────────────────────────
Month total                                   $9,555

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/240308 is the state's own key, not one this site invented.