MONARCH
MONARCH is a Texas oil lease in Gaines County, Railroad Commission district 8A, operated by Mcclure Oil Company, Inc. It has 5 wellbores on file with the Commission. Reported production runs from January 2025 to August 2026, totalling 50,018 barrels. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values the whole lease — a 100% undivided interest — at about $8.4M, with roughly $1.9M expected over the next twelve months. An individual royalty owner receives their own decimal interest times that figure. Over the last twelve months on file it averaged 3,005 barrels a month, about 601 per wellbore. Its strongest month on the record we hold was December 2025, at 4,364 barrels. In our own backtest, leases producing at this rate are forecast to within about 17% of what they went on to produce, and that measured error is the range shown on the page rather than a confidence of our own devising.
Key facts about MONARCH
- Who operates MONARCH?
- MONARCH is operated by Mcclure Oil Company, Inc., Railroad Commission of Texas operator number 540703.
- Where is MONARCH?
- MONARCH is a Texas oil lease in Gaines County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 71476.
- Is MONARCH still producing?
- MONARCH is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MONARCH is August 2026.
- How much has MONARCH produced?
- MONARCH has reported 50,018 barrels of oil (bbl) to the Railroad Commission of Texas between January 2025 and August 2026, from 5 wellbores.
- How much is MONARCH worth?
- The remaining production from MONARCH is estimated to be worth about $8.4M in total as of 26 August 2026, within a range of $7.0M to $9.8M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MONARCH is a fraction of it. The estimate fits an Arps decline curve to the production MONARCH has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MONARCH is an estimate of value, not an offer and not an appraisal.
- How much income does MONARCH generate in a year?
- MONARCH is forecast to net about $1.9M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MONARCH receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Mcclure Oil Company, Inc. |
|---|---|
| Field | Wescott (San Andres) |
| County | Gaines County, Texas |
| RRC district | 8A |
| Lease number | 71476 |
| Wellbores | 5 |
| Reported production | 50,018 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $8.4M |
Where MONARCH sits
Source: Railroad Commission of Texas lease production records, complete through . Figures on this page were computed on .
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. How this estimate is calculated.