MONARCH STATE

Operated by COG OPERATING LLC (P-5 166150) in the HOEFS T-K (WOLFCAMP) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 45958District 08Field 41911500Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$12.9 M
Apr 2014 – Oct 2020
Value, last 12 filed months
$0
at the published price for each month
Months reported
79
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 612 leases and 960 wells, and the rule below applies to all of them.

Discovered
1988-02-06
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,200 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 160 acres. The field rule took effect on 2019-12-17.

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: COMPLETION DATE DUE TO RECLASS USING HEPTANES PLUS ANNALYSIS.

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
OilDisposition174,399 bbl$10,224,201
Casinghead gasProduction819,648 Mcf$2,665,719
Total$12,889,921

Wells on this lease (3)

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 30.9819, -103.3037. A lease has no coordinate of its own — that point is the mean of its wells, and they span 1.9 miles.

30.98242, -103.30509 · 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%
3 of 3 wells
With a plug date
100.0%
3 of 3 wells
Median depth
10,490 ft
3 wells filed one
Completion to plug
5.9 years
median over 3 wells

What the state filed about each well

On the RRC proration schedule
3100.0%
A plug date is filed
3100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
3100.0%
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

Between 10,251 and 11,389 ft, median 10,490 ft, over the 3 wells that filed a depth.

Completions filed
Apr 2013 – Apr 2017
3 of 3 wells
Plug dates filed
Mar 2020 – Apr 2020
3 of 3 wells

Last completion to plug: a median of 5.9 years across the 3 wells that filed both dates, with the middle half between 4.5 years and 6.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

3 wells

42-371394743405H10,251 ftApr 2017Apr 2020Yes
42-371391433803H10,490 ftApr 2014Mar 2020Yes
42-371390063801H11,389 ftApr 2013Mar 2020Yes

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 (79)

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

79 months

Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
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 20191,4742,71656.272.46$89,624
Jun 20191,1206,79052.782.49$76,029
May 20191,1478,35558.482.74$89,972
Apr 20191,49912,18462.632.75$127,397
Mar 20191,14611,30456.803.06$99,707
Feb 20191,36012,12250.852.79$103,003
Jan 20192,3849,66546.033.23$140,936
Dec 20181,58217,34146.594.19$146,285
Nov 20182,59021,19852.934.24$226,910
Oct 20182,86726,87261.443.40$267,462
Sep 20182,67222,02759.543.11$227,551
Aug 20183,19825,04259.403.07$266,754
Jul 20183,04916,77365.142.93$247,788
Jun 20182,1899,42160.183.08$160,722
May 20183,04918,81465.382.90$253,919
Apr 20183,79221,93663.842.90$305,713
Mar 20184,37124,09761.222.79$334,747
Feb 20184,61723,60561.782.77$350,533
Jan 20185,63721,79462.874.01$441,777
Dec 20171,7588,68957.272.92$126,066
Nov 20173,87817,35255.423.12$269,029
Oct 20176,85722,51949.292.98$405,171
Sep 20177,34225,72147.523.09$428,300
Aug 20179,20323,58445.373.00$488,396
Jul 201711,50920,15543.873.09$567,124
Jun 201710,05523,51442.493.09$499,831
May 201711,68022,60845.373.26$603,701
Apr 20174,87614,46747.933.21$280,169
Mar 20175571,46146.772.98$30,410
Feb 201755359850.452.95$29,665
Jan 20173622,21649.413.42$25,462
Dec 20165373,82048.763.72$40,405
Nov 20163446,10042.492.64$30,747
Oct 20166817,89746.193.09$55,859
Sep 20166727,95941.553.10$52,600
Aug 20165109,00741.442.92$47,474
Jul 20168407,54041.622.92$57,010
Jun 20166919,85145.352.69$57,795
May 20166948,26742.521.99$45,969
Apr 20168529,32436.561.99$49,714
Mar 20161,2308,57733.011.79$55,990
Feb 20163502,41326.472.06$14,244
Jan 20161,0756,59027.352.36$44,982
Dec 20156851,09632.362.00$24,360
Nov 20150038.792.17$0
Oct 20155603,61043.552.43$33,148
Sep 20151,10412,57342.992.76$82,143
Aug 20151,79318,78640.162.87$125,969
Jul 20152,17617,93648.152.95$157,597
Jun 20158964,65656.152.88$63,733
May 2015172055.212.96$9,496
Apr 20151,96118,14149.822.71$146,797
Mar 20153,52017,90242.892.93$203,510
Feb 2015033744.662.98$1,003
Jan 2015176043.433.10$7,644
Dec 20141,9136,94154.693.59$129,550
Nov 20140070.464.25$0
Oct 20142,07514,51178.303.90$219,079
Sep 20142,16615,19586.164.05$248,093
Aug 20144,11423,71889.394.04$463,455
Jul 20143,95329,10896.564.18$503,361
Jun 20148,24927,86098.164.74$941,691
May 20146,26413,24494.734.73$655,987
Apr 20145,77311,74995.944.81$610,364

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 2019 — as filed, then multipliedworked
Oil                1,474 bbl  × $ 56.27 =    $82,942
Casinghead gas     2,716 Mcf  × $  2.46 =     $6,682

────────────────────────────────────────────────────
Month total                                  $89,624

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/45958 is the state's own key, not one this site invented.