MONROE 34-228 WRD UNIT

Operated by MCM OPERATING, LLC (P-5 552167) 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 288251District 08Field 71052900Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$18.3 M
Sep 2015 – May 2026
Value, last 12 filed months
$955 k
at the published price for each month
Months reported
129
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 Gas112020-05-04223908
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
CondensateDisposition225,852 bbl$12,247,978
GasProduction1,948,242 Mcf$6,025,811
Total$18,273,789

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 31.5290, -103.4464. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.52900, -103.44639 · 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
10,708 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 10,708 ft.

Completions filed
Sep 2015
1 of 1 wells

1 well

42-475368691H10,708 ftSep 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 (129)

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

129 months

May 202600106.413.05$0
Apr 20267304,89498.932.87$86,263
Mar 20267554,60689.753.15$82,268
Feb 20265596,26063.503.75$58,974
Jan 20269237,28259.138.00$112,818
Dec 20257377,60656.664.41$75,326
Nov 20257047,66758.593.93$71,351
Oct 20251,06510,24259.383.30$97,088
Sep 202590610,29962.743.08$88,532
Aug 20251,06810,39663.933.01$99,619
Jul 20251,10610,39666.743.32$108,279
Jun 20257268,38766.483.13$74,505
May 20251,0338,95060.553.23$91,477
Apr 20259188,61062.363.54$87,753
Mar 20259408,72967.704.27$100,896
Feb 20257457,63170.884.34$85,931
Jan 20259327,74174.324.28$102,388
Dec 20248838,24668.993.12$86,657
Nov 20249188,00469.052.20$80,984
Oct 20248969,21371.372.28$84,966
Sep 20241,0749,26169.612.36$96,657
Aug 20249068,90375.632.06$86,893
Jul 20248889,27579.932.15$90,887
Jun 20248599,18478.082.63$91,261
May 20241,0769,21578.812.20$105,058
Apr 20247859,06484.451.66$81,332
Mar 20249399,70780.301.55$90,400
Feb 20241,1309,20276.091.78$102,395
Jan 20249619,86273.023.30$102,694
Dec 20231,13610,16671.262.61$107,492
Nov 202394810,07777.892.81$102,132
Oct 20231,08810,61385.443.09$125,724
Sep 20231,12110,24589.042.74$127,834
Aug 202373610,58680.522.67$87,558
Jul 20231,23610,75474.852.64$120,925
Jun 20231,06010,63768.962.26$97,121
May 20231,10410,92370.622.23$102,294
Apr 20231,30010,52878.122.24$125,115
Mar 20231,11010,97372.852.39$107,124
Feb 20239359,99475.112.47$94,870
Jan 20231,09411,32576.533.39$122,090
Dec 20221,28011,62176.415.73$164,382
Nov 202291311,07485.005.65$140,131
Oct 20221,26511,84187.185.86$179,715
Sep 20221,25011,61384.888.16$200,905
Aug 20221,24111,83394.529.13$225,301
Jul 20221,06211,333101.587.54$193,352
Jun 20221,25610,405115.097.98$227,556
May 20227277,768109.378.43$145,020
Apr 20229286,517104.226.84$141,277
Mar 20221,1098,980108.885.08$166,334
Feb 20221,0889,28091.054.86$144,152
Jan 20221,1049,79981.844.54$134,816
Dec 20211,10910,33371.323.90$119,383
Nov 20211,2799,65077.435.24$149,569
Oct 20211,28211,06579.795.71$165,515
Sep 20211,08311,01469.865.35$134,593
Aug 20211,26310,86066.024.22$129,219
Jul 20211,26011,40470.783.98$134,594
Jun 20211,30211,11769.493.38$128,058
May 20211,10210,16363.483.02$100,624
Apr 20219097,21360.362.76$74,764
Mar 20211,32511,03361.302.72$111,199
Feb 20211,1398,70557.805.55$114,129
Jan 202188012,70650.412.81$80,068
Dec 20201,46412,70844.642.68$99,353
Nov 20201,50612,24038.772.71$91,516
Oct 20201,32015,90236.972.48$88,212
Sep 20201,62316,25937.091.99$92,569
Aug 20201,49615,84339.982.39$97,597
Jul 20201,12012,97338.371.83$66,652
Jun 20201,49814,78334.901.69$77,268
May 20201,51215,55616.921.81$53,813
Apr 20201,51014,75414.751.80$48,894
Mar 20201,78113,08030.341.86$78,315
Feb 20201,09112,14949.881.98$78,482
Jan 20201,76112,94357.252.09$127,929
Dec 20191,25012,42759.012.30$102,399
Nov 20191,25211,24455.302.75$100,164
Oct 20191,44411,01653.472.42$103,853
Sep 20191,23910,72455.052.66$96,704
Aug 20191,45711,56753.112.30$104,036
Jul 20191,43310,87556.272.46$107,388
Jun 20191,64516,78952.782.49$128,648
May 20192,45517,86958.482.74$192,535
Apr 20191,41717,44262.632.75$136,724
Mar 20191,98917,87456.803.06$167,707
Feb 20191858250.852.79$9,636
Jan 20191,69216,21246.033.23$130,218
Dec 20181,87314,96946.594.19$149,915
Nov 20182,34218,19652.934.24$201,063
Oct 20181,75117,76961.443.40$167,962
Sep 20182,46417,57159.543.11$201,317
Aug 20181,90619,14959.403.07$171,938
Jul 20182,22619,74765.142.93$202,897
Jun 20182,23615,23460.183.08$181,436
May 20181,54316,37565.382.90$148,382
Apr 20182,59919,76263.842.90$223,246
Mar 20182,17021,72761.222.79$193,397
Feb 20181,97820,64161.782.77$179,296
Jan 20181,86719,76862.874.01$196,635
Dec 20171,87515,96957.272.92$154,035
Nov 20171,80417,36355.423.12$154,122
Oct 20171,67019,26849.292.98$139,804
Sep 20172,54622,58247.523.09$190,703
Aug 20172,31022,62845.373.00$172,788
Jul 20172,56825,84343.873.09$192,443
Jun 20172,82325,76242.493.09$199,484
May 20173,00625,74945.373.26$220,412
Apr 20173,43123,72647.933.21$240,646
Mar 20173,32626,00946.772.98$233,160
Feb 20173,28723,41450.452.95$234,961
Jan 20173,35126,26949.413.42$255,381
Dec 20161,96318,31248.763.72$163,888
Nov 20164,16626,60942.492.64$247,377
Oct 20163,18527,75046.193.09$232,870
Sep 20163,63131,92041.553.10$249,840
Aug 20164,00535,76641.442.92$270,559
Jul 20163,19726,89341.622.92$211,703
Jun 20163,51031,64345.352.69$244,166
May 20164,15934,27142.521.99$245,076
Apr 20164,49733,68936.561.99$231,486
Mar 20164,33432,46633.011.79$201,310
Feb 20164,41232,71626.472.06$184,299
Jan 20165,30936,27527.352.36$230,968
Dec 20155,48837,39132.362.00$252,426
Nov 20155,12537,32838.792.17$279,701
Oct 20154,56630,14443.552.43$271,996
Sep 20157,02743,28842.992.76$421,497

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.

Apr 2026 — as filed, then multipliedworked
Condensate           730 bbl  × $ 98.93 =    $72,219
Gas                4,894 Mcf  × $  2.87 =    $14,044

────────────────────────────────────────────────────
Month total                                  $86,263

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/288251 is the state's own key, not one this site invented.