This is an analysis of the pressure falloff in stage 1 fracture stimulation of FORGE well 16A(78)-32. The objective of this research is to understand the information content of the well stimulation data of FORGE Well 16A(78)-32. The Stage 1 step-rate test, a variant of the classic diagnostic fracture injection test (DFIT), contains valuable information about the success of well fracturing and the nature of resulting formation stimulation in the drainage volume of Well 16A(78). The analysis we have provided is based on the classic pressure transient analysis in petroleum reservoirs. The next step in the analysis is to use the information we have discovered in the analysis of tracer flowback data. This set of slides we have provided includes the pressure falloff analysis of the data recorded during stimulation of Stage 1 in injection Well 16A(78)-32 conducted in April of 2022. To honor multiple rate a superposition approach for linear flow regime was applied. The analysis yielded a permeability two orders of magnitude larger than permeability from cores. Our calculated permeability is essentially the effective permeability of micro- and macro-fracture system in the stimulated volume of the Well 16A(78)-32. Another observation is that after using the classic G-function plot, no closure stress was observed. This could suggest that pre-existing natural fractures were reopened during stimulation and yet had no propensity to close in accordance to the poroelastic properties.