MONROE 34-228 WRD UNIT
MONROE 34-228 WRD UNIT is a Texas gas lease in Ward County, Railroad Commission district 08, operated by Halcon Operating Co., Inc. It has 1 wellbore on file with the Commission. Reported production runs from September 2015 to August 2026, totalling 1,948,242 thousand cubic feet. 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 $3.3M, with roughly $768K 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 8,082 thousand cubic feet a month. Its strongest month on the record we hold was August 2016, at 35,766 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 17% 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 34-228 WRD UNIT
- Who operates MONROE 34-228 WRD UNIT?
- MONROE 34-228 WRD UNIT is operated by Halcon Operating Co., Inc., Railroad Commission of Texas operator number 344412.
- Where is MONROE 34-228 WRD UNIT?
- MONROE 34-228 WRD UNIT is a Texas gas lease in Ward County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 288251.
- Is MONROE 34-228 WRD UNIT still producing?
- MONROE 34-228 WRD UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MONROE 34-228 WRD UNIT is August 2026.
- How much has MONROE 34-228 WRD UNIT produced?
- MONROE 34-228 WRD UNIT has reported 1,948,242 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between September 2015 and August 2026, from 1 wellbore.
- How much is MONROE 34-228 WRD UNIT worth?
- The remaining production from MONROE 34-228 WRD UNIT is estimated to be worth about $3.3M in total as of 27 August 2026, within a range of $2.8M to $3.9M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MONROE 34-228 WRD UNIT is a fraction of it. The estimate fits an Arps decline curve to the production MONROE 34-228 WRD UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MONROE 34-228 WRD UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does MONROE 34-228 WRD UNIT generate in a year?
- MONROE 34-228 WRD UNIT is forecast to net about $768K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in MONROE 34-228 WRD UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Halcon Operating Co., Inc. |
|---|---|
| Field | Phantom (Wolfcamp) |
| County | Ward County, Texas |
| RRC district | 08 |
| Lease number | 288251 |
| Wellbores | 1 |
| Reported production | 1,948,242 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $3.3M |
Where MONROE 34-228 WRD UNIT 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.