MONROE 1-8
MONROE 1-8 is a Texas oil lease in Ward County, Railroad Commission district 08, operated by Cimarex Energy Co. It has 1 wellbore on file with the Commission. Reported production runs from February 2013 to August 2026, totalling 206,236 barrels. 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 $359K, with roughly $68K 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 149 barrels a month. Its strongest month on the record we hold was December 2018, at 2,636 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 1-8
- Who operates MONROE 1-8?
- MONROE 1-8 is operated by Cimarex Energy Co., Railroad Commission of Texas operator number 153438.
- 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 43705.
- Is MONROE 1-8 still producing?
- MONROE 1-8 is intermittent. 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 206,236 barrels of oil (bbl) to the Railroad Commission of Texas between February 2013 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 $359K in total as of 26 August 2026, within a range of $280K to $438K. 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 $68K 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. |
|---|---|
| Field | Phantom (Wolfcamp) |
| County | Ward County, Texas |
| RRC district | 08 |
| Lease number | 43705 |
| Wellbores | 1 |
| Reported production | 206,236 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $359K |
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.