MONARCH
MONARCH is a Texas oil lease in Jasper County, Railroad Commission district 03, operated by Paleo Oil Company Llc. It has 1 wellbore on file with the Commission. Reported production runs from May 2024 to August 2026, totalling 31,968 barrels. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values a standard royalty share at about $23K, with roughly $21K expected over the next twelve months.
| Operator | Paleo Oil Company Llc |
|---|---|
| Field | Lola Grande (2nd Wilcox) |
| County | Jasper County, Texas |
| RRC district | 03 |
| Lease number | 28204 |
| Wellbores | 1 |
| Reported production | 31,968 bbl |
| First reported | May 2024 |
| Last reported | August 2026 |
| Estimated royalty value | $23K |
Production figures are as reported to the Railroad Commission of Texas. The value shown is an estimate produced by fitting a decline curve to that reported history; it is not an offer or an appraisal.