MONARCH STATE

Operated by CONOCOPHILLIPS COMPANY (P-5 172232) in the FORD, WEST (WOLFCAMP) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 289017District 08Field 31913800CondensateGasSave
Value, all time
$120.8 M
May 2019 – May 2026
Value, last 12 filed months
$6.7 M
at the published price for each month
Months reported
76
9 months not filed
Streams
2
condensate, gas

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
CondensateDisposition1,429,119 bbl$89,449,229
GasProduction8,440,632 Mcf$31,350,076
Total$120,799,306

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 31.8837, -104.0183. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.88369, -104.01829 · 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
9,797 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 9,797 ft.

Completions filed
Mar 2020
1 of 1 wells

1 well

42-389373611H9,797 ftMar 2020

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 (76)

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

76 months

May 20264,37743,033106.413.05$596,828
Apr 20261,75010,04298.932.87$201,945
Mar 20266,26950,21489.753.15$720,789
Feb 20265,25472,69363.503.75$606,251
Jan 20265,05649,11259.138.00$691,755
Dec 20256,18250,15056.664.41$571,602
Nov 20254,08335,14958.593.93$377,233
Oct 20254,09931,85759.383.30$348,681
Sep 20256,11849,64962.743.08$536,609
Aug 20257,85862,10263.933.01$689,585
Jul 20257,06750,87366.743.32$640,306
Jun 20257,57159,98866.483.13$691,006
May 20257,49165,78560.553.23$666,218
Apr 20258,55489,51662.363.54$850,593
Mar 20258,36756,04967.704.27$805,681
Feb 20257,46148,53270.884.34$739,505
Jan 20258,39963,28774.324.28$894,999
Dec 20247,79860,96868.993.12$728,288
Nov 20246,71945,80069.052.20$564,636
Oct 20248,65469,43971.372.28$776,054
Sep 20248,49067,13469.612.36$749,718
Aug 20249,66070,63875.632.06$876,357
Jul 20249,68468,13779.932.15$920,304
Jun 20248,29763,81378.082.63$815,912
May 20245,44155,75378.812.20$551,375
Apr 20244,86252,80784.451.66$498,213
Mar 20248,82467,68980.301.55$813,156
Feb 202411,143118,96876.091.78$1,060,067
Jan 202413,090120,30873.023.30$1,352,567
Dec 202312,586100,40371.262.61$1,159,002
Nov 202311,26491,94177.892.81$1,135,483
Oct 202311,618111,14185.443.09$1,335,765
Sep 202312,763109,81589.042.74$1,436,766
Aug 202313,577115,53780.522.67$1,402,037
Jul 202314,502114,93274.852.64$1,389,102
Jun 202315,254121,61168.962.26$1,326,572
May 20239,17278,80270.622.23$823,250
Apr 202313,135104,49078.122.24$1,259,930
Mar 202315,70194,57072.852.39$1,370,139
Feb 202315,100114,86275.112.47$1,417,374
Jan 202315,933101,49176.533.39$1,563,176
Dec 202213,862109,14276.415.73$1,684,479
Nov 202215,680117,29785.005.65$1,995,082
Oct 202216,299124,47487.185.86$2,150,832
Sep 202219,267119,95384.888.16$2,614,641
Aug 202217,931123,37394.529.13$2,820,883
Jul 202219,271131,633101.587.54$2,950,335
Jun 202218,593121,611115.097.98$3,109,984
May 202221,638159,793109.378.43$3,714,089
Apr 202220,640135,576104.226.84$3,078,115
Mar 202222,123149,209108.885.08$3,166,197
Feb 202219,220128,43291.054.86$2,374,012
Jan 202221,860142,62881.844.54$2,436,223
Dec 202125,116154,72571.323.90$2,394,564
Nov 202124,307144,06677.435.24$2,636,543
Oct 202127,856164,20779.795.71$3,160,888
Sep 202129,389170,78369.865.35$2,966,962
Aug 202134,295188,77666.024.22$3,060,902
Jul 202123,205115,64370.783.98$2,102,950
Jun 202120,420107,16469.493.38$1,781,267
May 202136,263193,41063.483.02$2,885,623
Apr 202136,462197,98960.362.76$2,746,983
Mar 202141,572210,96161.302.72$3,121,532
Feb 202138,194186,64457.805.55$3,243,105
Jan 202149,446232,39050.412.81$3,145,652
Dec 202053,421250,81544.642.68$3,055,759
Nov 202053,685227,68538.772.71$2,697,613
Oct 202056,510229,96236.972.48$2,659,119
Sep 202046,194188,66137.091.99$2,088,967
Aug 202068,170288,17939.982.39$3,412,772
Jul 202070,550269,54338.371.83$3,198,952
Jun 20203,37911,28834.901.69$137,007
May 202041,005133,69116.921.81$936,420
Apr 202044,298166,23114.751.80$953,339
Mar 20209,77535,61830.341.86$362,689
May 20190058.482.74$0

Not filed, and not zero: Jun 2019 – Feb 2020 (9 months). The Railroad Commission holds no report for those months, so this page shows none — a zero would state that the lease produced nothing.

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         4,377 bbl  × $106.41 =   $465,757
Gas               43,033 Mcf  × $  3.05 =   $131,072

────────────────────────────────────────────────────
Month total                                 $596,828

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/289017 is the state's own key, not one this site invented.