MONROE CITY RANCH

Operated by HILCORP ENERGY COMPANY (P-5 386310) in the MIDDLETON RANCH field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 26897District 03Field 61059500OilCasinghead gasSaveExport
Value, all time
$29.7 M
May 2015 – Feb 2020
Value, last 12 filed months
$0
at the published price for each month
Months reported
58
no gaps in the span
Streams
2
oil, casinghead 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 1 leases and 1 wells, and the rule below applies to all of them.

Discovered
2015-05-06
as the register files it
Field class
Oil
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

The Commission's schedule remark for this field reads: LOG SECTION FOR THE DISCOVERY WELL (API #071-32600)

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
OilDisposition552,989 bbl$26,016,861
Casinghead gasProduction1,317,898 Mcf$3,721,063
Total$29,737,924

Wells on this lease (1)

Every wellbore the Railroad Commission records against this lease key, with the depth, the last completion and the plug date exactly as filed. A well with no plug date is not stated to be producing — the state files no such flag.

These wells centre on 29.7067, -94.5888. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.70675, -94.58875 · centre of the wells drawn, derived

What these wells add up to

Every figure below is counted over all of this lease's wells, not over the rows listed above. The Railroad Commission files two facts about a well's state — a plug date and a proration-schedule flag — and a well can carry both, so they are published as separate counts and never merged into a status.

On the schedule
100.0%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
12,991 ft
1 wells filed one
Completion to plug
23 months
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
NeitherNo plug date, and not on the schedule.
00.0%

A plug date is the date the Commission recorded the wellbore as sealed with cement and abandoned. It is the only end-of-life fact Texas files. There is no "active" flag on a well, so this page does not print one — a well with no plug date is not stated to be producing.

How deep they were drilled

The one well that filed a depth was drilled to 12,991 ft.

Completions filed
Jan 2018
1 of 1 wells
Plug dates filed
Dec 2019
1 of 1 wells

Last completion to plug: a median of 23 months across the 1 well that filed both dates, with the middle half between 23 months and 23 months. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-07132600112,991 ftJan 2018Dec 2019Yes

The API number is the state's, prefixed 42 for Texas. A well is matched to this lease by the lease key the Commission files on the wellbore record, so a well that has moved between leases appears under each one it was filed against.

Every month this lease reported (58)

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

58 months

Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20186,00113,69261.443.40$415,228
Sep 201810,09925,22759.543.11$679,700
Aug 201812,04925,83259.403.07$794,926
Jul 201811,97128,23165.142.93$862,561
Jun 201812,61927,27960.183.08$843,347
May 201812,44629,99265.382.90$900,720
Apr 201813,08430,79263.842.90$924,604
Mar 201814,17232,47861.222.79$958,121
Feb 201813,06131,61061.782.77$894,346
Jan 201811,76027,67462.874.01$850,305
Dec 20174,2339,23757.272.92$269,410
Nov 201714,80435,55155.423.12$931,299
Oct 201716,69939,04949.292.98$939,603
Sep 201715,27533,12547.523.09$828,134
Aug 201714,84737,95845.373.00$787,649
Jul 201717,71841,80543.873.09$906,352
Jun 201717,24737,09542.493.09$847,348
May 201716,06035,65645.373.26$845,002
Apr 201715,67938,14747.933.21$874,007
Mar 201717,52240,49846.772.98$940,337
Feb 201715,29935,67650.452.95$877,172
Jan 201716,65538,46049.413.42$954,411
Dec 201616,51936,25748.763.72$940,445
Nov 201615,48736,55142.492.64$754,696
Oct 201615,70636,37046.193.09$837,853
Sep 201614,44539,93341.553.10$724,007
Aug 201615,76439,36141.442.92$768,365
Jul 201615,76938,94441.622.92$770,191
Jun 201615,47139,60245.352.69$807,974
May 201616,97140,87442.521.99$802,989
Apr 201616,79242,17236.561.99$697,882
Mar 201618,55146,44233.011.79$695,686
Feb 201617,51042,53126.472.06$551,258
Jan 201611,83228,09927.352.36$390,041
Dec 201514,59436,22432.362.00$544,761
Nov 201516,67040,61338.792.17$734,651
Oct 201513,14932,34443.552.43$651,124
Sep 201516,92642,35642.992.76$844,484
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20151,5334,16155.212.96$96,935

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.

Oct 2018 — as filed, then multipliedworked
Oil                6,001 bbl  × $ 61.44 =   $368,701
Casinghead gas    13,692 Mcf  × $  3.40 =    $46,527

────────────────────────────────────────────────────
Month total                                 $415,228

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. 03/O/26897 is the state's own key, not one this site invented.