MONROE, H.
MONROE, H. is a Texas oil lease in Pecos County, Railroad Commission district 08, operated by Corvette Oil Corporation. It has 46 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 163,290 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 $2.0M, with roughly $449K 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 712 barrels a month, about 15 per wellbore. Its strongest month on the record we hold was January 2022, at 917 barrels. In our own backtest, leases producing at this rate are forecast to within about 22% 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 MONROE, H.
- Who operates MONROE, H.?
- MONROE, H. is operated by Corvette Oil Corporation, Railroad Commission of Texas operator number 180200.
- Where is MONROE, H.?
- MONROE, H. is a Texas oil lease in Pecos County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 06795.
- Is MONROE, H. still producing?
- MONROE, H. is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MONROE, H. is August 2026.
- How much has MONROE, H. produced?
- MONROE, H. has reported 163,290 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 46 wellbores.
- How much is MONROE, H. worth?
- The remaining production from MONROE, H. is estimated to be worth about $2.0M in total as of 26 August 2026, within a range of $1.5M to $2.4M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MONROE, H. is a fraction of it. The estimate fits an Arps decline curve to the production MONROE, H. has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MONROE, H. is an estimate of value, not an offer and not an appraisal.
- How much income does MONROE, H. generate in a year?
- MONROE, H. is forecast to net about $449K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MONROE, H. receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Corvette Oil Corporation |
|---|---|
| Field | Toborg |
| County | Pecos County, Texas |
| RRC district | 08 |
| Lease number | 06795 |
| Wellbores | 46 |
| Reported production | 163,290 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $2.0M |
Where MONROE, H. 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.