MONROE '1-8'
MONROE '1-8' is a Texas oil lease in Ward County, Railroad Commission district 08, operated by Cimarex Energy Co. Of Colorado. It has 1 wellbore on file with the Commission. Reported production runs from May 2008 to August 2026, totalling 304,907 barrels. The lease is shut in. 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 $42K, with roughly $8K 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 5 barrels a month. Its strongest month on the record we hold was September 2018, at 3,076 barrels.
Key facts about MONROE '1-8'
- Who operates MONROE '1-8'?
- MONROE '1-8' is operated by Cimarex Energy Co. Of Colorado, Railroad Commission of Texas operator number 153429.
- Where is MONROE '1-8'?
- MONROE '1-8' is a Texas oil lease in Ward County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 38824.
- Is MONROE '1-8' still producing?
- MONROE '1-8' is shut in. The most recent month of production reported to the Railroad Commission of Texas for MONROE '1-8' is August 2026.
- How much has MONROE '1-8' produced?
- MONROE '1-8' has reported 304,907 barrels of oil (bbl) to the Railroad Commission of Texas between May 2008 and August 2026, from 1 wellbore.
- How much is MONROE '1-8' worth?
- The remaining production from MONROE '1-8' is estimated to be worth about $42K in total as of 26 August 2026. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MONROE '1-8' is a fraction of it. The estimate fits an Arps decline curve to the production MONROE '1-8' has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MONROE '1-8' is an estimate of value, not an offer and not an appraisal.
- How much income does MONROE '1-8' generate in a year?
- MONROE '1-8' is forecast to net about $8K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MONROE '1-8' receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Cimarex Energy Co. Of Colorado |
|---|---|
| Field | Two Georges (Bone Spring) |
| County | Ward County, Texas |
| RRC district | 08 |
| Lease number | 38824 |
| Wellbores | 1 |
| Reported production | 304,907 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $42K |
Where MONROE '1-8' 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.