MONROE STATE 1-4 WRD

MONROE STATE 1-4 WRD is a Texas oil lease in Ward County, Railroad Commission district 08, operated by Chesapeake Operating, Inc. It has 2 wellbores on file with the Commission. Reported production runs from January 2011 to August 2026, totalling 198,205 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 $46K, with roughly $12K expected over the next twelve months.

OperatorChesapeake Operating, Inc.
FieldPhantom (Wolfcamp)
CountyWard County, Texas
RRC district08
Lease number41150
Wellbores2
Reported production198,205 bbl
First reportedJanuary 2011
Last reportedAugust 2026
Estimated royalty value$46K

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.