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 240679District 09Field 65280200GasSaveExport
Value, all time
$6.1 M
May 2008 – May 2026
Value, last 12 filed months
$142 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
GasProduction1,349,495 Mcf$6,149,485
Total$6,149,485

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 20263,191106.413.05$9,719
Apr 20262,99698.932.87$8,598
Mar 20263,18789.753.15$10,037
Feb 20263,05463.503.75$11,453
Jan 20263,16459.138.00$25,305
Dec 20253,30456.664.41$14,582
Nov 20253,22058.593.93$12,643
Oct 20253,19159.383.30$10,546
Sep 20253,16262.743.08$9,729
Aug 20253,22163.933.01$9,711
Jul 20253,15866.743.32$10,469
Jun 20253,01166.483.13$9,421
May 20253,21060.553.23$10,376
Apr 20253,18362.363.54$11,278
Mar 20253,22167.704.27$13,748
Feb 20252,94270.884.34$12,771
Jan 20253,35274.324.28$14,342
Dec 20243,42168.993.12$10,678
Nov 20243,36669.052.20$7,400
Oct 20243,59471.372.28$8,199
Sep 20243,43869.612.36$8,129
Aug 20243,43975.632.06$7,097
Jul 20243,50579.932.15$7,524
Jun 20243,47078.082.63$9,140
May 20243,43778.812.20$7,556
Apr 20242,94884.451.66$4,891
Mar 20243,13580.301.55$4,844
Feb 20243,07976.091.78$5,492
Jan 20243,48473.023.30$11,489
Dec 20233,31671.262.61$8,657
Nov 20233,29777.892.81$9,257
Oct 20233,48885.443.09$10,768
Sep 20233,30389.042.74$9,034
Aug 20233,62580.522.67$9,689
Jul 20233,66174.852.64$9,672
Jun 20233,47368.962.26$7,844
May 20233,63470.622.23$8,094
Apr 20233,69178.122.24$8,260
Mar 20231,99972.852.39$4,784
Feb 20233,54975.112.47$8,751
Jan 20234,12876.533.39$13,985
Dec 20224,02876.415.73$23,077
Nov 20223,89385.005.65$21,981
Oct 20224,41487.185.86$25,883
Sep 20224,18984.888.16$34,198
Aug 20224,54394.529.13$41,465
Jul 20224,660101.587.54$35,146
Jun 20224,636115.097.98$36,982
May 20224,964109.378.43$41,862
Apr 20224,923104.226.84$33,662
Mar 20225,248108.885.08$26,641
Feb 20224,82891.054.86$23,458
Jan 20225,16181.844.54$23,419
Dec 20215,25971.323.90$20,505
Nov 20215,26677.435.24$27,577
Oct 20215,21279.795.71$29,781
Sep 20214,79269.865.35$25,642
Aug 20215,13966.024.22$21,690
Jul 20215,13270.783.98$20,436
Jun 20215,15069.493.38$17,410
May 20215,35963.483.02$16,172
Apr 20215,00360.362.76$13,800
Mar 20215,33661.302.72$14,498
Feb 20214,57857.805.55$25,399
Jan 20215,27250.412.81$14,816
Dec 20205,26444.642.68$14,084
Nov 20205,07138.772.71$13,725
Oct 20205,13336.972.48$12,722
Sep 20204,92237.091.99$9,800
Aug 20204,43939.982.39$10,587
Jul 20205,14838.371.83$9,396
Jun 20204,77634.901.69$8,073
May 20205,58216.921.81$10,130
Apr 20205,19714.751.80$9,377
Mar 20205,25730.341.86$9,758
Feb 20205,38649.881.98$10,668
Jan 20205,44257.252.09$11,400
Dec 20195,48259.012.30$12,633
Nov 20196,08755.302.75$16,744
Oct 20197,25553.472.42$17,547
Sep 20196,67155.052.66$17,727
Aug 20196,31053.112.30$14,541
Jul 20195,61656.272.46$13,816
Jun 20195,65952.782.49$14,098
May 20196,17658.482.74$16,924
Apr 20195,54462.632.75$15,250
Mar 20196,47056.803.06$19,812
Feb 20195,85050.852.79$16,334
Jan 20196,25346.033.23$20,186
Dec 20186,13546.594.19$25,678
Nov 20185,79052.934.24$24,534
Oct 20186,42261.443.40$21,822
Sep 20186,31459.543.11$19,624
Aug 20186,60059.403.07$20,239
Jul 20186,50565.142.93$19,072
Jun 20186,25060.183.08$19,231
May 20186,34465.382.90$18,403
Apr 20186,69063.842.90$19,406
Mar 20187,35761.222.79$20,503
Feb 20186,94761.782.77$19,216
Jan 20188,71962.874.01$34,957
Dec 20178,78057.272.92$25,651
Nov 20178,81655.423.12$27,491
Oct 20179,58549.292.98$28,599
Sep 20179,61547.523.09$29,684
Aug 20177,48145.373.00$22,476
Jul 201779843.873.09$2,464
Jun 20171,03442.493.09$3,192
May 20171,06645.373.26$3,479
Apr 201793347.933.21$2,996
Mar 201796246.772.98$2,870
Feb 201791750.452.95$2,708
Jan 20171,02849.413.42$3,515
Dec 20161,05348.763.72$3,920
Nov 20161,03042.492.64$2,724
Oct 20161,07046.193.09$3,307
Sep 20161,04241.553.10$3,231
Aug 20161,04641.442.92$3,059
Jul 20161,02641.622.92$3,000
Jun 20161,01645.352.69$2,729
May 20161,04042.521.99$2,071
Apr 20161,01036.561.99$2,011
Mar 201697333.011.79$1,746
Feb 201694026.472.06$1,940
Jan 201699527.352.36$2,353
Dec 201598832.362.00$1,977
Nov 201597038.792.17$2,102
Oct 20151,19243.552.43$2,892
Sep 20151,06542.992.76$2,938
Aug 20151,12440.162.87$3,229
Jul 20151,15648.152.95$3,405
Jun 20151,12256.152.88$3,235
May 20151,12155.212.96$3,313
Apr 20151,12749.822.71$3,050
Mar 20151,22042.892.93$3,580
Feb 20152,12344.662.98$6,318
Jan 20155,03243.433.10$15,602
Dec 20145,40754.693.59$19,418
Nov 20141,32470.464.25$5,629
Oct 20141,23178.303.90$4,802
Sep 20141,06686.164.05$4,312
Aug 20142,43889.394.04$9,838
Jul 20143,48096.564.18$14,545
Jun 20145,32798.164.74$25,233
May 20146,13594.734.73$28,997
Apr 20145,67795.944.81$27,301
Mar 20146,30295.895.06$31,868
Feb 20145,71097.406.19$35,356
Jan 20146,54190.404.86$31,794
Dec 20136,32991.824.35$27,560
Nov 20137,20088.853.74$26,916
Oct 20137,75897.423.78$29,320
Sep 20136,524104.113.72$24,255
Aug 20136,793104.253.52$23,929
Jul 20137,242102.523.72$26,924
Jun 20137,40994.403.93$29,143
May 20138,25794.834.15$34,259
Apr 20138,02693.964.28$34,372
Mar 20137,98493.623.91$31,240
Feb 20137,17091.233.42$24,521
Jan 20137,06791.603.42$24,169
Dec 20127,97186.773.42$27,262
Nov 20127,59586.953.62$27,532
Oct 20127,93689.383.40$26,980
Sep 20127,32694.672.92$21,380
Aug 20123,94992.662.91$11,484
Jul 20126,50085.133.02$19,635
Jun 20126,98479.822.52$17,593
May 20127,34391.612.49$18,272
Apr 20127,573101.652.00$15,122
Mar 20128,083105.052.22$17,961
Feb 20127,831101.102.57$20,128
Jan 20128,41398.092.73$23,002
Dec 20118,85596.873.24$28,688
Nov 20118,57895.723.31$28,404
Oct 20118,94384.983.65$32,629
Sep 20118,50683.623.99$33,903
Aug 20119,24983.404.15$38,377
Jul 20119,20294.144.52$41,568
Jun 20119,19192.904.64$42,645
May 201110,18898.134.40$44,876
Apr 20119,966105.964.33$43,185
Mar 201110,98996.364.06$44,586
Feb 201110,65485.644.18$44,534
Jan 201112,24486.504.59$56,185
Dec 201012,77985.734.35$55,560
Nov 201012,61680.843.80$47,882
Oct 20103,11978.103.51$10,944
Sep 2010072.633.98$0
Aug 2010073.684.42$0
Jul 2010072.554.74$0
Jun 2010070.364.91$0
May 20103,73971.124.24$15,835
Apr 201010,33981.694.12$42,624
Mar 201011,02678.394.39$48,389
Feb 201010,90673.585.44$59,354
Jan 201012,40474.365.96$73,979
Dec 200912,73971.445.48$69,857
Nov 200911,83974.593.75$44,414
Oct 200912,49672.544.11$51,362
Sep 200912,68565.543.06$38,876
Aug 200914,34367.423.22$46,163
Jul 200914,85161.133.46$51,451
Jun 200917,16066.163.90$66,838
May 200919,04854.743.93$74,778
Apr 200916,43546.773.59$58,961
Mar 200917,50342.144.06$71,045
Feb 200915,15432.814.63$70,208
Jan 200916,05835.865.37$86,248
Dec 200817,82437.105.98$106,537
Nov 200819,47055.496.86$133,571
Oct 200822,25575.246.92$154,049
Sep 200822,899101.767.88$180,377
Aug 200826,781114.228.48$227,184
Jul 200833,123131.0811.39$377,252
Jun 200839,078131.3313.03$509,289
May 200819,569123.1711.57$226,497

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                3,191 Mcf  × $  3.05 =     $9,719

────────────────────────────────────────────────────
Month total                                   $9,719

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/240679 is the state's own key, not one this site invented.