MONROE SE 187
MONROE SE 187 is a Texas gas lease in Terrell County, Railroad Commission district 7C, operated by Fasken Oil And Ranch, Ltd. It has 1 wellbore on file with the Commission. Reported production runs from August 2002 to August 2026, totalling 456,941 thousand cubic feet. The lease is intermittent. 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 $15K, with roughly $2K 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 68 thousand cubic feet a month. Its strongest month on the record we hold was August 2022, at 1,138 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 45% 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 SE 187
- Who operates MONROE SE 187?
- MONROE SE 187 is operated by Fasken Oil And Ranch, Ltd., Railroad Commission of Texas operator number 263696.
- Where is MONROE SE 187?
- MONROE SE 187 is a Texas gas lease in Terrell County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 191259.
- Is MONROE SE 187 still producing?
- MONROE SE 187 is intermittent. The most recent month of production reported to the Railroad Commission of Texas for MONROE SE 187 is August 2026.
- How much has MONROE SE 187 produced?
- MONROE SE 187 has reported 456,941 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between August 2002 and August 2026, from 1 wellbore.
- How much is MONROE SE 187 worth?
- The remaining production from MONROE SE 187 is estimated to be worth about $15K in total as of 26 August 2026, within a range of $8K to $22K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MONROE SE 187 is a fraction of it. The estimate fits an Arps decline curve to the production MONROE SE 187 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MONROE SE 187 is an estimate of value, not an offer and not an appraisal.
- How much income does MONROE SE 187 generate in a year?
- MONROE SE 187 is forecast to net about $2K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MONROE SE 187 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Fasken Oil And Ranch, Ltd. |
|---|---|
| Field | Geaslin (Wolfcamp) |
| County | Terrell County, Texas |
| RRC district | 7C |
| Lease number | 191259 |
| Wellbores | 1 |
| Reported production | 456,941 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $15K |
Where MONROE SE 187 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.