MONROE STATE 32

Operated by WPX ENERGY PERMIAN, LLC (P-5 942623) in the PHANTOM (WOLFCAMP) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 286689District 08Field 71052900Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$17.8 M
Apr 2015 – May 2026
Value, last 12 filed months
$456 k
at the published price for each month
Months reported
134
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 7,755 leases and 10,539 wells, and the rule below applies to all of them.

Discovered
1983-06-23
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 2017-08-01.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: FOR THE FOLLOWING API 389-37515.

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
High Cost Gas112020-04-02221722
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
CondensateDisposition258,622 bbl$13,198,386
GasProduction1,495,080 Mcf$4,597,208
Total$17,795,594

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 31.5646, -103.7233. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.56463, -103.72330 · 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
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
10,976 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

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

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 10,976 ft.

Completions filed
Apr 2015
1 of 1 wells

1 well

42-389344091H10,976 ftApr 2015

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 (134)

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

134 months

May 20264334,226106.413.05$58,947
Apr 20263713,36798.932.87$46,365
Mar 202694089.753.15$8,437
Feb 20265644,64363.503.75$53,227
Jan 20261556,43359.138.00$60,616
Dec 20253962,83556.664.41$34,949
Nov 20254122,45158.593.93$33,763
Oct 20252942,60959.383.30$26,080
Sep 20253732,52062.743.08$31,156
Aug 20253422,66063.933.01$29,883
Jul 20254082,58566.743.32$35,800
Jun 20254342,41666.483.13$36,411
May 20259626060.553.23$6,653
Apr 20253982,01162.363.54$31,944
Mar 20253982,08167.704.27$35,827
Feb 20253661,79370.884.34$33,725
Jan 20254492,92074.324.28$45,863
Dec 20245071,09668.993.12$38,399
Nov 2024196069.052.20$13,534
Oct 20247577,66271.372.28$71,507
Sep 20248636,69669.612.36$75,905
Aug 20246358,17975.632.06$64,903
Jul 20247368,30479.932.15$76,654
Jun 202469210,70678.082.63$82,231
May 20247898,35878.812.20$80,556
Apr 20247747,69484.451.66$78,130
Mar 20248187,53980.301.55$77,334
Feb 20249339,81076.091.78$88,489
Jan 20240073.023.30$0
Dec 202372817,74671.262.61$98,207
Nov 202383920,83077.892.81$123,831
Oct 202375319,69385.443.09$125,134
Sep 202376316,75889.042.74$113,771
Aug 20238028,88580.522.67$88,326
Jul 20238607,42974.852.64$83,997
Jun 20239922,98668.962.26$75,152
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 202351075.112.47$3,831
Jan 20235691,78976.533.39$49,606
Dec 20228344,95276.415.73$92,096
Nov 20223465,72985.005.65$61,757
Oct 20227197,68987.185.86$107,769
Sep 20229579,98284.888.16$162,720
Aug 20224542,61294.529.13$66,752
Jul 20227034,812101.587.54$107,703
Jun 20226564,355115.097.98$110,240
May 20221,07811,338109.378.43$213,515
Apr 20221,39314,599104.226.84$245,001
Mar 20221,41713,456108.885.08$222,591
Feb 20221,2409,42491.054.86$158,692
Jan 20221,38011,95081.844.54$167,164
Dec 20211,36013,21971.323.90$148,538
Nov 202170077.435.24$5,420
Oct 20215714,49479.795.71$71,238
Sep 20211,42613,52269.865.35$171,976
Aug 20211,34014,28466.024.22$148,754
Jul 20211,39911,03770.783.98$142,971
Jun 20211,33010,69369.493.38$128,571
May 20211,44510,82463.483.02$124,392
Apr 20211,5158,75860.362.76$115,604
Mar 20211,5158,50761.302.72$115,983
Feb 20219806,31357.805.55$91,668
Jan 20211,6039,70350.412.81$108,075
Dec 20201,6009,36944.642.68$96,490
Nov 20201,4719,84238.772.71$83,669
Oct 20201,63410,78236.972.48$87,131
Sep 20201,67910,24737.091.99$82,676
Aug 20201,86011,31439.982.39$101,348
Jul 20201,60610,43338.371.83$80,664
Jun 20201,5119,79034.901.69$69,282
May 20201,74910,73516.921.81$49,074
Apr 20201,81710,82014.751.80$46,324
Mar 20201,92511,64830.341.86$80,026
Feb 20201,6659,56349.881.98$101,991
Jan 20201,91112,18757.252.09$134,933
Dec 20192,00012,67159.012.30$147,219
Nov 20192,12513,31255.302.75$154,130
Oct 20191,93213,56753.472.42$136,116
Sep 20191,69612,00355.052.66$125,260
Aug 20191,84512,21853.112.30$126,143
Jul 20191,91310,53556.272.46$133,561
Jun 20192,1099,98652.782.49$136,190
May 20192,30214,75358.482.74$175,049
Apr 20192,00512,40862.632.75$159,704
Mar 20192,28412,53556.803.06$168,115
Feb 20192,38011,26050.852.79$152,463
Jan 20192,39011,64946.033.23$147,617
Dec 20182,0549,74246.594.19$136,470
Nov 20182,6529,97352.934.24$182,628
Oct 20182,7481,98661.443.40$175,586
Sep 20182,7198,12959.543.11$187,154
Aug 20182,3172,77659.403.07$146,143
Jul 2018185065.142.93$12,051
Jun 20181,5923,72660.183.08$107,271
May 2018211965.382.90$1,428
Apr 20184482,03263.842.90$34,495
Mar 20181,4735,01661.222.79$104,156
Feb 20180061.782.77$0
Jan 20180562.874.01$20
Dec 20174722057.272.92$3,334
Nov 20171,0297,49155.423.12$80,387
Oct 201753265049.292.98$28,162
Sep 20171,65415,06747.523.09$125,114
Aug 20171,67412,24645.373.00$112,741
Jul 20173,25620,39443.873.09$205,803
Jun 20172,84719,11142.493.09$179,970
May 20173,42121,28945.373.26$224,685
Apr 20173,94720,40647.933.21$254,716
Mar 20174,11221,82546.772.98$257,437
Feb 20173,84519,95350.452.95$252,893
Jan 20173,93922,71249.413.42$272,274
Dec 20164,10925,30048.763.72$294,542
Nov 20164,53827,73242.492.64$266,153
Oct 20165,32129,85946.193.09$338,049
Sep 20164,51123,09541.553.10$259,041
Aug 20164,74222,05841.442.92$261,014
Jul 20165,28724,49541.622.92$291,677
Jun 20165,08923,36145.352.69$293,530
May 20164,52219,68942.521.99$231,477
Apr 20162,48111,39636.561.99$113,395
Mar 20164,71521,78033.011.79$194,716
Feb 20164,81821,67926.472.06$172,270
Jan 20165,16522,68927.352.36$194,908
Dec 20155,93725,50132.362.00$243,159
Nov 20156,28225,51638.792.17$298,980
Oct 20156,59728,51743.552.43$356,498
Sep 20158,74637,83542.992.76$480,355
Aug 20157,62836,71440.162.87$411,801
Jul 20156,86934,24848.152.95$431,605
Jun 20158,35544,15256.152.88$596,417
May 201511,69347,03455.212.96$784,577
Apr 20153,52513,81349.822.71$213,001

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           433 bbl  × $106.41 =    $46,076
Gas                4,226 Mcf  × $  3.05 =    $12,872

────────────────────────────────────────────────────
Month total                                  $58,947

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. 08/G/286689 is the state's own key, not one this site invented.