GOFORTH

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 244819District 09Field 65280200CondensateGasSaveExport
Value, all time
$4.9 M
Oct 2008 – May 2026
Value, last 12 filed months
$139 k
at the published price for each month
Months reported
212
no gaps in the span
Streams
2
condensate, 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
CondensateDisposition34 bbl$1,432
GasProduction1,290,241 Mcf$4,886,535
Total$4,887,967

Every month this lease reported (212)

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

212 months

May 202603,047106.413.05$9,281
Apr 202603,21998.932.87$9,238
Mar 202602,93989.753.15$9,256
Feb 202602,93463.503.75$11,003
Jan 202603,12359.138.00$24,978
Dec 202503,09556.664.41$13,659
Nov 202502,95458.593.93$11,599
Oct 202503,32159.383.30$10,975
Sep 202503,00862.743.08$9,255
Aug 202503,11463.933.01$9,388
Jul 202503,20266.743.32$10,615
Jun 202503,23266.483.13$10,112
May 202503,11760.553.23$10,075
Apr 202503,07362.363.54$10,888
Mar 202503,25067.704.27$13,872
Feb 202503,12470.884.34$13,561
Jan 202532,98074.324.28$12,973
Dec 202403,02068.993.12$9,427
Nov 202402,77269.052.20$6,094
Oct 202422,78471.372.28$6,494
Sep 202402,63969.612.36$6,240
Aug 202402,81075.632.06$5,799
Jul 202402,75379.932.15$5,910
Jun 202402,69278.082.63$7,091
May 202402,90178.812.20$6,378
Apr 202402,87784.451.66$4,774
Mar 202402,96980.301.55$4,587
Feb 202402,90676.091.78$5,183
Jan 202403,00773.023.30$9,916
Dec 202303,15371.262.61$8,232
Nov 202303,24077.892.81$9,096
Oct 202303,12285.443.09$9,638
Sep 202303,00489.042.74$8,216
Aug 202303,21380.522.67$8,588
Jul 202303,00074.852.64$7,925
Jun 202303,08568.962.26$6,967
May 202303,38970.622.23$7,549
Apr 202303,10678.122.24$6,950
Mar 202303,28472.852.39$7,859
Feb 202303,17275.112.47$7,821
Jan 202303,23876.533.39$10,969
Dec 202203,55376.415.73$20,355
Nov 202203,55785.005.65$20,084
Oct 202203,53687.185.86$20,734
Sep 202203,31684.888.16$27,071
Aug 202203,44194.529.13$31,407
Jul 202203,334101.587.54$25,145
Jun 202203,560115.097.98$28,399
May 202203,746109.378.43$31,590
Apr 202203,759104.226.84$25,703
Mar 202203,865108.885.08$19,620
Feb 202203,47791.054.86$16,894
Jan 202203,94681.844.54$17,906
Dec 202103,96571.323.90$15,460
Nov 202103,82677.435.24$20,036
Oct 202104,06379.795.71$23,215
Sep 202103,81069.865.35$20,387
Aug 202104,08866.024.22$17,254
Jul 202104,06270.783.98$16,175
Jun 202103,94869.493.38$13,347
May 202104,16063.483.02$12,554
Apr 202104,23860.362.76$11,690
Mar 202104,47961.302.72$12,169
Feb 202103,46257.805.55$19,207
Jan 202104,34550.412.81$12,211
Dec 202004,33544.642.68$11,598
Nov 202004,09138.772.71$11,073
Oct 202004,49736.972.48$11,146
Sep 202004,39437.091.99$8,749
Aug 202004,50039.982.39$10,733
Jul 202004,47738.371.83$8,171
Jun 202004,44234.901.69$7,508
May 202004,63516.921.81$8,411
Apr 202004,62414.751.80$8,343
Mar 202005,11130.341.86$9,487
Feb 202004,20649.881.98$8,331
Jan 202005,01957.252.09$10,514
Dec 201905,20859.012.30$12,001
Nov 201908,97655.302.75$24,690
Oct 201909,54953.472.42$23,095
Sep 201901,45855.052.66$3,874
Aug 201901,32853.112.30$3,060
Jul 201901,23956.272.46$3,048
Jun 201904,19652.782.49$10,453
May 201903,43258.482.74$9,405
Apr 201903,43062.632.75$9,435
Mar 201903,87956.803.06$11,878
Feb 201903,48550.852.79$9,731
Jan 201904,73346.033.23$15,279
Dec 201804,18946.594.19$17,533
Nov 201804,36252.934.24$18,483
Oct 201804,53861.443.40$15,420
Sep 201804,45259.543.11$13,837
Aug 201804,60659.403.07$14,125
Jul 201804,65465.142.93$13,645
Jun 201804,54360.183.08$13,978
May 201804,70765.382.90$13,654
Apr 201804,50663.842.90$13,071
Mar 201804,25861.222.79$11,866
Feb 201803,82461.782.77$10,578
Jan 201804,33062.874.01$17,360
Dec 201704,23857.272.92$12,381
Nov 201704,28855.423.12$13,372
Oct 201704,03049.292.98$12,024
Sep 201704,31247.523.09$13,312
Aug 201704,93445.373.00$14,824
Jul 201704,41443.873.09$13,627
Jun 201704,33642.493.09$13,386
May 201704,56945.373.26$14,910
Apr 201704,30547.933.21$13,826
Mar 201705,03846.772.98$15,032
Feb 201704,80150.452.95$14,175
Jan 201705,48749.413.42$18,759
Dec 201605,65248.763.72$21,041
Nov 201605,45942.492.64$14,436
Oct 201605,73346.193.09$17,716
Sep 201604,74541.553.10$14,712
Aug 201606,79841.442.92$19,880
Jul 201605,32541.622.92$15,572
Jun 201604,30845.352.69$11,571
May 201616,30242.521.99$12,590
Apr 2016286,10036.561.99$13,169
Mar 201605,41333.011.79$9,711
Feb 201605,39426.472.06$11,131
Jan 201604,88627.352.36$11,552
Dec 201505,35432.362.00$10,716
Nov 201505,10038.792.17$11,053
Oct 201505,55543.552.43$13,480
Sep 201505,65842.992.76$15,607
Aug 201505,49940.162.87$15,796
Jul 201505,73048.152.95$16,875
Jun 201504,82556.152.88$13,910
May 201505,21655.212.96$15,416
Apr 201503,79149.822.71$10,261
Mar 201501,08642.892.93$3,187
Feb 20150844.662.98$24
Jan 2015055143.433.10$1,708
Dec 201402,29154.693.59$8,228
Nov 201404,90170.464.25$20,838
Oct 201405,40578.303.90$21,085
Sep 201405,31986.164.05$21,518
Aug 201405,39789.394.04$21,778
Jul 201406,44296.564.18$26,925
Jun 201406,32698.164.74$29,966
May 201406,44894.734.73$30,477
Apr 201405,80795.944.81$27,927
Mar 201405,89995.895.06$29,830
Feb 201405,28997.406.19$32,749
Jan 201406,50790.404.86$31,629
Dec 201305,79391.824.35$25,226
Nov 201305,60588.853.74$20,953
Oct 201306,91997.423.78$26,149
Sep 201307,137104.113.72$26,534
Aug 201307,089104.253.52$24,972
Jul 201306,138102.523.72$22,819
Jun 201306,55294.403.93$25,772
May 201307,03594.834.15$29,189
Apr 201307,26893.964.28$31,126
Mar 201307,71393.623.91$30,180
Feb 201307,13591.233.42$24,401
Jan 201307,65991.603.42$26,193
Dec 201208,33886.773.42$28,517
Nov 201208,14986.953.62$29,540
Oct 201208,44789.383.40$28,717
Sep 201208,06594.672.92$23,537
Aug 201209,27292.662.91$26,964
Jul 201208,76385.133.02$26,471
Jun 201208,44879.822.52$21,281
May 201208,78291.612.49$21,852
Apr 201208,674101.652.00$17,320
Mar 201209,109105.052.22$20,241
Feb 201208,710101.102.57$22,387
Jan 201209,36498.092.73$25,602
Dec 201109,73396.873.24$31,532
Nov 201109,32395.723.31$30,871
Oct 201109,97084.983.65$36,376
Sep 201109,78883.623.99$39,013
Aug 2011010,33883.404.15$42,896
Jul 2011010,43694.144.52$47,142
Jun 2011010,21792.904.64$47,406
May 2011010,74198.134.40$47,312
Apr 2011010,316105.964.33$44,702
Mar 2011011,04296.364.06$44,801
Feb 201109,60885.644.18$40,161
Jan 2011011,33786.504.59$52,023
Dec 2010011,65585.734.35$50,673
Nov 2010011,17580.843.80$42,413
Oct 2010011,75778.103.51$41,254
Sep 2010011,50772.633.98$45,792
Aug 2010011,17573.684.42$49,386
Jul 2010011,87972.554.74$56,265
Jun 2010010,33370.364.91$50,739
May 201003,03571.124.24$12,854
Apr 201009,32381.694.12$38,436
Mar 2010012,91478.394.39$56,675
Feb 2010011,92073.585.44$64,873
Jan 2010013,35674.365.96$79,656
Dec 2009012,76971.445.48$70,022
Nov 2009012,78974.593.75$47,978
Oct 2009014,17672.544.11$58,267
Sep 2009013,49965.543.06$41,371
Aug 2009015,79467.423.22$50,833
Jul 2009015,36461.133.46$53,229
Jun 2009016,35666.163.90$63,707
May 2009014,92454.743.93$58,588
Apr 2009014,62046.773.59$52,449
Mar 2009015,55542.144.06$63,138
Feb 2009014,59532.814.63$67,619
Jan 2009019,27335.865.37$103,515
Dec 2008022,25037.105.98$132,991
Nov 2008025,84555.496.86$177,306
Oct 2008013,50275.246.92$93,461

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
Condensate             0 bbl  × $106.41 =         $0
Gas                3,047 Mcf  × $  3.05 =     $9,281

────────────────────────────────────────────────────
Month total                                   $9,281

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/244819 is the state's own key, not one this site invented.