FIRST AND FIRST 397
FIRST AND FIRST 397 is a Texas oil lease in Yoakum County, Railroad Commission district 8A, operated by Monadnock Resources Op Co, Llc. It has 2 wellbores on file with the Commission. Reported production runs from June 2020 to August 2026, totalling 69,426 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 $38K, with roughly $11K expected over the next twelve months.
| Operator | Monadnock Resources Op Co, Llc |
|---|---|
| Field | Platang (San Andres) |
| County | Yoakum County, Texas |
| RRC district | 8A |
| Lease number | 71102 |
| Wellbores | 2 |
| Reported production | 69,426 bbl |
| First reported | June 2020 |
| Last reported | August 2026 |
| Estimated royalty value | $38K |
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.