MONROE SE "188"
MONROE SE "188" 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 October 2004 to August 2026, totalling 824,965 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 $99, with roughly $12 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 0 thousand cubic feet a month. Its strongest month on the record we hold was May 2016, at 1,173 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 100% 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 "188"
- Who operates MONROE SE "188"?
- MONROE SE "188" is operated by Fasken Oil And Ranch, Ltd., Railroad Commission of Texas operator number 263696.
- Where is MONROE SE "188"?
- MONROE SE "188" is a Texas gas lease in Terrell County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 207124.
- Is MONROE SE "188" still producing?
- MONROE SE "188" is intermittent. The most recent month of production reported to the Railroad Commission of Texas for MONROE SE "188" is August 2026.
- How much has MONROE SE "188" produced?
- MONROE SE "188" has reported 824,965 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between October 2004 and August 2026, from 1 wellbore.
- How much is MONROE SE "188" worth?
- The remaining production from MONROE SE "188" is estimated to be worth about $99 in total as of 26 August 2026, within a range of $0 to $197. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MONROE SE "188" is a fraction of it. The estimate fits an Arps decline curve to the production MONROE SE "188" 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 "188" is an estimate of value, not an offer and not an appraisal.
- How much income does MONROE SE "188" generate in a year?
- MONROE SE "188" is forecast to net about $12 across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MONROE SE "188" 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 | 207124 |
| Wellbores | 1 |
| Reported production | 824,965 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $99 |
Where MONROE SE "188" 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.