MCELROY HEIRS

Operated by RFE OPERATING, LLC (P-5 704776) in the WOODLAWN (COTTON VALLEY) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 202799District 06Field 985630832 tax incentive programmesCondensateGasSaveExport
Value, all time
$4.0 M
May 2004 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
265
no gaps in the span
Streams
2
condensate, gas

The Railroad Commission's own record for the field this lease produces from, including the spacing rule that governs how close together its wells may be drilled.

These are facts about the field, not about this lease. The field holds 368 leases and 368 wells, and the rule below applies to all of them.

Discovered
1965-01-10
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 2010-11-02.

The Commission's schedule remark for this field reads: FIELD. EFFECTIVE 4/12/16.

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
High Cost Gas112008-04-14181734
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

What this lease produced, and what it was worth

Oil and condensate are valued on the volume the state records as disposed of; gas and casinghead gas on the volume produced. They are different columns of different files, and the difference is not cosmetic.

StreamBasisVolumeValue
CondensateDisposition5,298 bbl$305,762
GasProduction605,900 Mcf$3,690,926
Total$3,996,689

Wells on this lease (1)

Every wellbore the Railroad Commission records against this lease key, with the depth, the last completion and the plug date exactly as filed. A well with no plug date is not stated to be producing — the state files no such flag.

These wells centre on 32.6777, -94.2722. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.67774, -94.27218 · centre of the wells drawn, derived

What these wells add up to

Every figure below is counted over all of this lease's wells, not over the rows listed above. The Railroad Commission files two facts about a well's state — a plug date and a proration-schedule flag — and a well can carry both, so they are published as separate counts and never merged into a status.

On the schedule
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
9,706 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
1100.0%

A plug date is the date the Commission recorded the wellbore as sealed with cement and abandoned. It is the only end-of-life fact Texas files. There is no "active" flag on a well, so this page does not print one — a well with no plug date is not stated to be producing.

How deep they were drilled

The one well that filed a depth was drilled to 9,706 ft.

Completions filed
Jan 2024
1 of 1 wells

1 well

42-2033286829,706 ftJan 2024

The API number is the state's, prefixed 42 for Texas. A well is matched to this lease by the lease key the Commission files on the wellbore record, so a well that has moved between leases appears under each one it was filed against.

Every month this lease reported (265)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

265 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 2021184069.865.35$12,854
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 202003230.341.86$59
Feb 202003449.881.98$67
Jan 202003357.252.09$69
Dec 201905659.012.30$129
Nov 201902955.302.75$80
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 201903562.632.75$96
Mar 20190356.803.06$9
Feb 201904150.852.79$114
Jan 2019025146.033.23$810
Dec 20180546.594.19$21
Nov 201801652.934.24$68
Oct 201808861.443.40$299
Sep 20180959.543.11$28
Aug 2018010859.403.07$331
Jul 2018036165.142.93$1,058
Jun 2018047460.183.08$1,458
May 201801,14565.382.90$3,321
Apr 2018067963.842.90$1,970
Mar 2018058661.222.79$1,633
Feb 2018058961.782.77$1,629
Jan 2018049462.874.01$1,981
Dec 2017061257.272.92$1,788
Nov 2017043055.423.12$1,341
Oct 2017061549.292.98$1,835
Sep 2017058947.523.09$1,818
Aug 2017076145.373.00$2,286
Jul 2017053043.873.09$1,636
Jun 2017076542.493.09$2,362
May 2017057345.373.26$1,870
Apr 2017060147.933.21$1,930
Mar 2017077546.772.98$2,312
Feb 2017058650.452.95$1,730
Jan 2017068849.413.42$2,352
Dec 2016073548.763.72$2,736
Nov 2016075842.492.64$2,004
Oct 2016074746.193.09$2,308
Sep 2016084241.553.10$2,611
Aug 2016075141.442.92$2,196
Jul 2016074441.622.92$2,176
Jun 2016074945.352.69$2,012
May 2016090742.521.99$1,806
Apr 2016097236.561.99$1,935
Mar 201601,00633.011.79$1,805
Feb 2016097326.472.06$2,008
Jan 2016099227.352.36$2,345
Dec 201501,02232.362.00$2,045
Nov 2015096138.792.17$2,083
Oct 20151801,06143.552.43$10,414
Sep 201501,20842.992.76$3,332
Aug 201501,33040.162.87$3,820
Jul 201501,15648.152.95$3,405
Jun 201501,22656.152.88$3,534
May 201501,44655.212.96$4,274
Apr 201501,37149.822.71$3,711
Mar 201501,39842.892.93$4,103
Feb 201501,28944.662.98$3,836
Jan 201501,14043.433.10$3,535
Dec 201401,45354.693.59$5,218
Nov 201401,48970.464.25$6,331
Oct 201401,16578.303.90$4,545
Sep 201401,43586.164.05$5,805
Aug 201401,61089.394.04$6,497
Jul 201401,52596.564.18$6,374
Jun 201401,67898.164.74$7,948
May 201401,73494.734.73$8,196
Apr 201401,68195.944.81$8,084
Mar 2014098995.895.06$5,001
Feb 201401,48097.406.19$9,164
Jan 201401,72690.404.86$8,390
Dec 201301,90491.824.35$8,291
Nov 201301,71088.853.74$6,392
Oct 201301,87397.423.78$7,079
Sep 201301,827104.113.72$6,792
Aug 201301,962104.253.52$6,911
Jul 201301,855102.523.72$6,896
Jun 201301,90394.403.93$7,485
May 20131902,02694.834.15$26,424
Apr 201301,91893.964.28$8,214
Mar 201302,05493.623.91$8,037
Feb 201301,81791.233.42$6,214
Jan 201302,32391.603.42$7,944
Dec 201202,25586.773.42$7,712
Nov 201202,08086.953.62$7,540
Oct 201202,16689.383.40$7,364
Sep 201202,29794.672.92$6,704
Aug 201202,39692.662.91$6,968
Jul 201202,42985.133.02$7,338
Jun 201292,26579.822.52$6,424
May 201222,44191.612.49$6,257
Apr 201202,405101.652.00$4,802
Mar 201242,589105.052.22$6,173
Feb 201222,461101.102.57$6,528
Jan 201252,55698.092.73$7,479
Dec 20111822,64696.873.24$26,203
Nov 201102,57595.723.31$8,527
Oct 201102,63384.983.65$9,607
Sep 201162,64283.623.99$11,032
Aug 201102,68483.404.15$11,137
Jul 201142,67394.144.52$12,451
Jun 201182,73092.904.64$13,410
May 201182,83398.134.40$13,264
Apr 201142,765105.964.33$12,405
Mar 2011162,90096.364.06$13,308
Feb 201132,42785.644.18$10,402
Jan 201102,98486.504.59$13,693
Dec 201002,95285.734.35$12,835
Nov 201002,87080.843.80$10,893
Oct 201002,68078.103.51$9,404
Sep 201002,81672.633.98$11,206
Aug 20101753,11073.684.42$26,638
Jul 201063,11172.554.74$15,171
Jun 201003,07270.364.91$15,085
May 2010113,33971.124.24$14,924
Apr 201003,27081.694.12$13,481
Mar 201003,57178.394.39$15,672
Feb 201033,31273.585.44$18,246
Jan 201003,34674.365.96$19,956
Dec 200903,73671.445.48$20,487
Nov 200903,65974.593.75$13,727
Oct 200903,40872.544.11$14,008
Sep 200903,27565.543.06$10,037
Aug 20091683,49567.423.22$22,575
Jul 200903,63961.133.46$12,607
Jun 200903,70866.163.90$14,443
May 200903,48454.743.93$13,677
Apr 200903,66146.773.59$13,134
Mar 2009153,72342.144.06$15,744
Feb 200933,20032.814.63$14,924
Jan 200903,86635.865.37$20,764
Dec 20081853,99837.105.98$30,760
Nov 200803,92055.496.86$26,893
Oct 200803,66775.246.92$25,383
Sep 200804,340101.767.88$34,187
Aug 200804,135114.228.48$35,077
Jul 200804,534131.0811.39$51,640
Jun 200804,362131.3313.03$56,848
May 200805,453123.1711.57$63,115
Apr 20081713,024110.3110.45$50,479
Mar 200803,837101.909.66$37,081
Feb 200803,64192.538.77$31,934
Jan 200807,44090.388.21$61,051
Dec 200707,77888.337.30$56,795
Nov 200703,96191.677.29$28,882
Oct 200704,13882.856.92$28,643
Sep 20071603,72575.846.24$35,394
Aug 200703,90569.066.39$24,945
Jul 200703,49570.906.39$22,326
Jun 200703,83162.007.55$28,918
May 200704,51058.747.85$35,387
Apr 200703,65259.617.81$28,505
Mar 20071644,29256.927.30$40,675
Feb 200703,31355.108.22$27,220
Jan 20071783,82650.306.73$34,690
Dec 200603,66756.656.92$25,370
Nov 200604,01354.207.62$30,569
Oct 200604,31354.906.01$25,938
Sep 200604,54360.085.04$22,884
Aug 200604,21168.717.34$30,908
Jul 20061764,71669.376.34$42,122
Jun 200604,74866.286.38$30,311
May 200604,73666.016.42$30,429
Apr 20061765,10364.397.36$48,893
Mar 200604,84856.707.08$34,338
Feb 200604,36657.597.75$33,841
Jan 20061935,14160.598.93$57,620
Dec 200505,39554.9413.42$72,376
Nov 200506,02754.6910.59$63,816
Oct 20051755,80758.3413.80$90,321
Sep 200507,48461.4512.08$90,399
Aug 20051777,66061.519.80$85,931
Jul 200507,07455.697.84$55,486
Jun 20051757,49852.337.38$64,501
May 200509,20945.226.65$61,251
Apr 200516710,02549.207.36$82,005
Mar 200518811,78550.377.15$93,790
Feb 200518710,92545.226.31$77,414
Jan 200519212,80643.166.32$89,249
Dec 200418813,26039.866.75$97,013
Nov 200417813,81145.286.33$95,489
Oct 200418914,90449.706.52$106,494
Sep 200418016,78943.245.28$96,495
Aug 200418618,49442.375.55$110,535
Jul 200434723,92838.286.08$158,865
Jun 200417820,69636.106.43$139,564
May 200405,49237.486.49$35,668

How to read this page

The arithmetic is one multiplication per stream per month. Here it is, worked, on a real row from the table above.

Sep 2021 — as filed, then multipliedworked
Condensate           184 bbl  × $ 69.86 =    $12,854
Gas                    0 Mcf  × $  5.35 =         $0

────────────────────────────────────────────────────
Month total                                  $12,854

The volumes are the state's, unchanged

Every barrel and every Mcf on this page is a number the Railroad Commission of Texas published in its monthly production query. Nothing is modelled, estimated or filled in.

The dollars are a multiplication, not a valuation

Volume × a published monthly price. It is not what the operator was paid: it takes no account of a contract, a differential, a transportation deduction, or the share any one owner holds.

Oil and gas are priced differently

Oil is a Texas realisation — the crude oil first purchase price. Gas is a benchmark, because no free Texas wellhead gas series exists at any date. The prices page publishes the difference rather than correcting it away.

A lease is not a well

The state reports oil on lease and gas on well, and this page is the lease grain. 06/G/202799 is the state's own key, not one this site invented.