MONROE '178'

Name: MONROE '178' lease production and value, Jan 1998 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by PPC OPERATING COMPANY LLC (P-5 631462) in the QUITO (BONE SPRING) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 35843District 08Field 73926400OilCasinghead gasSave Export

Value, all time

$1.2 M

Jan 1998 – Feb 2015

Value, last 12 filed months

at the published price for each month

Months reported

206

no gaps in the span

Streams

oil, casinghead gas

The QUITO (BONE SPRING) field

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 5 leases and 5 wells, and the rule below applies to all of them.

Discovered

1998-01-29

as the register files it

Field class

Oil

the register's own label

Between wells

1,200 ft

minimum

From a lease line

467 ft

minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 1998-09-01.

The Commission's schedule remark for this field reads: “EFFECTIVE 2/28/2012.”

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.

Stream	Basis	Volume	Value
Oil	Disposition	22,754 bbl	$924,996
Casinghead gas	Production	58,610 Mcf	$277,970
Total			$1,202,966

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 31.5098, -103.3353. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.50981, -103.33534 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

11,326 ft

1 wells filed one

Completion to plug

15.9 years

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 11,326 ft.

Completions filed

Jan 1998

1 of 1 wells

Plug dates filed

Dec 2013

1 of 1 wells

Last completion to plug: a median of 15.9 years across the 1 well that filed both dates, with the middle half between 15.9 years and 15.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-47534543	1	11,326 ft	Jan 1998	Dec 2013	Yes

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 (206)

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

206 months


Feb 2015	0	0	44.66	2.98	$0
Jan 2015	0	0	43.43	3.10	$0
Dec 2014	0	0	54.69	3.59	$0
Nov 2014	0	0	70.46	4.25	$0
Oct 2014	0	0	78.30	3.90	$0
Sep 2014	0	0	86.16	4.05	$0
Aug 2014	0	0	89.39	4.04	$0
Jul 2014	0	0	96.56	4.18	$0
Jun 2014	0	0	98.16	4.74	$0
May 2014	0	0	94.73	4.73	$0
Apr 2014	0	0	95.94	4.81	$0
Mar 2014	0	0	95.89	5.06	$0
Feb 2014	0	0	97.40	6.19	$0
Jan 2014	0	0	90.40	4.86	$0
Dec 2013	0	0	91.82	4.35	$0
Nov 2013	0	0	88.85	3.74	$0
Oct 2013	0	0	97.42	3.78	$0
Sep 2013	0	0	104.11	3.72	$0
Aug 2013	0	0	104.25	3.52	$0
Jul 2013	1	0	102.52	3.72	$103
Jun 2013	0	0	94.40	3.93	$0
May 2013	41	0	94.83	4.15	$3,888
Apr 2013	158	6	93.96	4.28	$14,871
Mar 2013	0	13	93.62	3.91	$51
Feb 2013	0	38	91.23	3.42	$130
Jan 2013	0	0	91.60	3.42	$0
Dec 2012	0	0	86.77	3.42	$0
Nov 2012	0	20	86.95	3.62	$73
Oct 2012	177	0	89.38	3.40	$15,820
Sep 2012	178	0	94.67	2.92	$16,851
Aug 2012	0	0	92.66	2.91	$0
Jul 2012	0	0	85.13	3.02	$0
Jun 2012	8	0	79.82	2.52	$639
May 2012	0	40	91.61	2.49	$100
Apr 2012	0	74	101.65	2.00	$148
Mar 2012	2	80	105.05	2.22	$388
Feb 2012	0	69	101.10	2.57	$177
Jan 2012	3	78	98.09	2.73	$508
Dec 2011	180	35	96.87	3.24	$17,550
Nov 2011	5	25	95.72	3.31	$561
Oct 2011	0	45	84.98	3.65	$164
Sep 2011	179	139	83.62	3.99	$15,522
Aug 2011	3	123	83.40	4.15	$761
Jul 2011	2	110	94.14	4.52	$685
Jun 2011	187	150	92.90	4.64	$18,068
May 2011	5	161	98.13	4.40	$1,200
Apr 2011	1	179	105.96	4.33	$882
Mar 2011	184	182	96.36	4.06	$18,469
Feb 2011	11	146	85.64	4.18	$1,552
Jan 2011	202	198	86.50	4.59	$18,382
Dec 2010	0	37	85.73	4.35	$161
Nov 2010	193	165	80.84	3.80	$16,228
Oct 2010	1	172	78.10	3.51	$682
Sep 2010	2	169	72.63	3.98	$818
Aug 2010	188	173	73.68	4.42	$14,616
Jul 2010	3	187	72.55	4.74	$1,103
Jun 2010	183	184	70.36	4.91	$13,779
May 2010	3	191	71.12	4.24	$1,022
Apr 2010	177	178	81.69	4.12	$15,193
Mar 2010	5	184	78.39	4.39	$1,199
Feb 2010	183	166	73.58	5.44	$14,369
Jan 2010	2	168	74.36	5.96	$1,151
Dec 2009	181	168	71.44	5.48	$13,852
Nov 2009	1	171	74.59	3.75	$716
Oct 2009	1	181	72.54	4.11	$817
Sep 2009	179	139	65.54	3.06	$12,158
Aug 2009	1	104	67.42	3.22	$402
Jul 2009	207	190	61.13	3.46	$13,312
Jun 2009	6	165	66.16	3.90	$1,040
May 2009	184	154	54.74	3.93	$10,677
Apr 2009	0	153	46.77	3.59	$549
Mar 2009	201	141	42.14	4.06	$9,042
Feb 2009	4	98	32.81	4.63	$585
Jan 2009	184	184	35.86	5.37	$7,587
Dec 2008	2	175	37.10	5.98	$1,120
Nov 2008	195	181	55.49	6.86	$12,062
Oct 2008	1	127	75.24	6.92	$954
Sep 2008	176	95	101.76	7.88	$18,658
Aug 2008	1	217	114.22	8.48	$1,955
Jul 2008	180	223	131.08	11.39	$26,134
Jun 2008	181	215	131.33	13.03	$26,573
May 2008	187	216	123.17	11.57	$25,533
Apr 2008	21	185	110.31	10.45	$4,251
Mar 2008	3	96	101.90	9.66	$1,233
Feb 2008	389	224	92.53	8.77	$37,959
Jan 2008	42	243	90.38	8.21	$5,790
Dec 2007	200	222	88.33	7.30	$19,287
Nov 2007	29	141	91.67	7.29	$3,687
Oct 2007	14	192	82.85	6.92	$2,489
Sep 2007	196	218	75.84	6.24	$16,226
Aug 2007	181	286	69.06	6.39	$14,327
Jul 2007	183	136	70.90	6.39	$13,843
Jun 2007	4	96	62.00	7.55	$973
May 2007	0	0	58.74	7.85	$0
Apr 2007	0	0	59.61	7.81	$0
Mar 2007	2	0	56.92	7.30	$114
Feb 2007	7	0	55.10	8.22	$386
Jan 2007	0	0	50.30	6.73	$0
Dec 2006	0	0	56.65	6.92	$0
Nov 2006	191	133	54.20	7.62	$11,365
Oct 2006	184	217	54.90	6.01	$11,407
Sep 2006	0	219	60.08	5.04	$1,103
Aug 2006	189	253	68.71	7.34	$14,843
Jul 2006	180	115	69.37	6.34	$13,216
Jun 2006	0	217	66.28	6.38	$1,385
May 2006	182	169	66.01	6.42	$13,100
Apr 2006	0	244	64.39	7.36	$1,796
Mar 2006	184	208	56.70	7.08	$11,906
Feb 2006	0	0	57.59	7.75	$0
Jan 2006	183	87	60.59	8.93	$11,865
Dec 2005	0	0	54.94	13.42	$0
Nov 2005	0	37	54.69	10.59	$392
Oct 2005	0	199	58.34	13.80	$2,745
Sep 2005	193	215	61.45	12.08	$14,457
Aug 2005	0	224	61.51	9.80	$2,194
Jul 2005	179	242	55.69	7.84	$11,867
Jun 2005	0	235	52.33	7.38	$1,735
May 2005	183	245	45.22	6.65	$9,905
Apr 2005	188	263	49.20	7.36	$11,185
Mar 2005	1	312	50.37	7.15	$2,283
Feb 2005	179	628	45.22	6.31	$12,058
Jan 2005	0	791	43.16	6.32	$5,001
Dec 2004	174	794	39.86	6.75	$12,296
Nov 2004	177	830	45.28	6.33	$13,269
Oct 2004	0	851	49.70	6.52	$5,544
Sep 2004	181	441	43.24	5.28	$10,157
Aug 2004	0	846	42.37	5.55	$4,696
Jul 2004	180	812	38.28	6.08	$11,831
Jun 2004	0	385	36.10	6.43	$2,477
May 2004	182	902	37.48	6.49	$12,679
Apr 2004	181	868	34.47	5.86	$11,324
Mar 2004	182	822	34.36	5.53	$10,799
Feb 2004	4	820	32.45	5.51	$4,648
Jan 2004	180	877	32.03	6.30	$11,290
Dec 2003	180	917	30.26	6.30	$11,225
Nov 2003	3	667	28.80	4.60	$3,151
Oct 2003	180	823	28.17	4.76	$8,988
Sep 2003	0	1,485	26.31	4.75	$7,053
Aug 2003	174	1,936	29.76	5.13	$15,109
Jul 2003	179	2,423	29.41	5.17	$17,793
Jun 2003	0	927	28.56	5.98	$5,546
May 2003	174	278	26.59	5.97	$6,287
Apr 2003	176	352	26.67	5.41	$6,597
Mar 2003	182	312	31.14	6.10	$7,569
Feb 2003	0	208	33.48	7.93	$1,649
Jan 2003	179	269	30.31	5.58	$6,927
Dec 2002	180	293	26.91	4.85	$6,266
Nov 2002	182	385	24.66	4.14	$6,081
Oct 2002	357	842	26.46	4.23	$13,007
Sep 2002	0	296	27.44	3.64	$1,076
Aug 2002	2	105	25.96	3.16	$384
Jul 2002	2	210	24.58	3.06	$692
Jun 2002	181	315	23.73	3.34	$5,347
May 2002	0	334	24.66	3.58	$1,197
Apr 2002	185	314	23.65	3.51	$5,478
Mar 2002	181	292	22.00	3.10	$4,888
Feb 2002	181	272	18.22	2.38	$3,944
Jan 2002	5	289	17.17	2.38	$772
Dec 2001	180	284	16.93	2.36	$3,719
Nov 2001	178	305	18.07	2.41	$3,950
Oct 2001	336	296	19.78	2.53	$7,395
Sep 2001	3	337	24.26	2.25	$831
Aug 2001	1	347	24.87	3.05	$1,084
Jul 2001	365	347	23.93	3.20	$9,844
Jun 2001	1	371	24.56	3.82	$1,443
May 2001	365	400	25.52	4.31	$11,038
Apr 2001	4	395	24.68	5.34	$2,206
Mar 2001	178	529	24.54	5.38	$7,212
Feb 2001	184	168	27.75	5.77	$6,075
Jan 2001	190	247	27.47	8.40	$7,294
Dec 2000	0	208	26.88	9.12	$1,897
Nov 2000	174	241	32.21	5.66	$6,968
Oct 2000	0	131	31.23	5.15	$674
Sep 2000	181	330	31.87	5.19	$7,480
Aug 2000	182	164	29.64	4.54	$6,139
Jul 2000	183	306	28.53	4.09	$6,472
Jun 2000	1	187	29.30	4.40	$852
May 2000	176	312	27.26	3.68	$5,946
Apr 2000	175	320	24.51	3.12	$5,286
Mar 2000	185	368	28.42	2.86	$6,310
Feb 2000	192	346	27.62	2.73	$6,246
Jan 2000	189	312	25.27	2.48	$5,550
Dec 1999	180	373	24.28	2.42	$5,274
Nov 1999	358	381	23.19	2.43	$9,229
Oct 1999	0	456	20.98	2.80	$1,278
Sep 1999	171	486	21.75	2.62	$4,992
Aug 1999	345	560	19.26	2.88	$8,255
Jul 1999	173	402	17.89	2.37	$4,049
Jun 1999	172	462	15.94	2.36	$3,833
May 1999	165	425	15.79	2.32	$3,592
Apr 1999	177	424	15.10	2.21	$3,609
Mar 1999	168	425	12.47	1.84	$2,876
Feb 1999	344	245	9.98	1.82	$3,878
Jan 1999	173	315	10.38	1.90	$2,394
Dec 1998	195	273	9.20	1.77	$2,278
Nov 1998	181	306	10.89	2.19	$2,640
Oct 1998	380	445	12.42	1.97	$5,596
Sep 1998	362	640	12.59	2.08	$5,890
Aug 1998	363	664	11.30	1.91	$5,368
Jul 1998	189	620	11.74	2.24	$3,606
Jun 1998	362	1,056	11.24	2.24	$6,431
May 1998	543	864	12.62	2.21	$8,759
Apr 1998	373	496	13.04	2.51	$6,107
Mar 1998	775	1,574	12.80	2.31	$13,555
Feb 1998	632	1,101	13.95	2.30	$11,348
Jan 1998	0	100	14.70	2.15	$215

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.

Jul 2013 — as filed, then multipliedworked

Oil                    1 bbl  × $102.52 =       $103
Casinghead gas         0 Mcf  × $  3.72 =         $0

────────────────────────────────────────────────────
Month total                                     $103

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/O/35843 is the state's own key, not one this site invented.