MCELROY

Name: MCELROY lease production and value, Jan 2005 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by BREITBURN OPERATING L.P. (P-5 90732) in the OVERTON (COTTON VALLEY SAND) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 208056District 06Field 678491502 tax incentive programmesCondensateGasSave Export

Value, all time

$2.3 M

Jan 2005 – May 2021

Value, last 12 filed months

at the published price for each month

Months reported

197

no gaps in the span

Streams

condensate, gas

The OVERTON (COTTON VALLEY SAND) field

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 702 leases and 702 wells, and the rule below applies to all of them.

Discovered

1977-02-23

as the register files it

Field class

Oil and gas

the register's own label

Between wells

600 ft

minimum

From a lease line

330 ft

minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2014-03-25.

The Commission's schedule remark for this field reads: “DESIGNATED AS UFT FIELD PER DOCKET 01-0299858”

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.

Programme	Filings	With an approval date	Dated	Docket
High Cost Gas	1	1	2005-08-01	164670
NGPA	1	none	—	—

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.

Stream	Basis	Volume	Value
Condensate	Disposition	6,455 bbl	$393,771
Gas	Production	251,396 Mcf	$1,948,713
Total			$2,342,483

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 32.1391, -95.0931. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.13907, -95.09306 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

100.0%

1 of 1 wells

With a plug date

0.0%

0 of 1 wells

Median depth

11,923 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

1100.0%

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.

00.0%

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 11,923 ft.

Completions filed

Nov 2014

1 of 1 wells

1 well


42-42331796	3	11,923 ft	Nov 2014	—	Yes

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 (197)

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

197 months


May 2021	0	0	63.48	3.02	$0
Apr 2021	0	0	60.36	2.76	$0
Mar 2021	0	0	61.30	2.72	$0
Feb 2021	0	0	57.80	5.55	$0
Jan 2021	0	0	50.41	2.81	$0
Dec 2020	0	0	44.64	2.68	$0
Nov 2020	0	0	38.77	2.71	$0
Oct 2020	0	0	36.97	2.48	$0
Sep 2020	0	0	37.09	1.99	$0
Aug 2020	0	0	39.98	2.39	$0
Jul 2020	0	0	38.37	1.83	$0
Jun 2020	0	0	34.90	1.69	$0
May 2020	0	0	16.92	1.81	$0
Apr 2020	0	0	14.75	1.80	$0
Mar 2020	0	0	30.34	1.86	$0
Feb 2020	0	0	49.88	1.98	$0
Jan 2020	0	0	57.25	2.09	$0
Dec 2019	0	0	59.01	2.30	$0
Nov 2019	0	0	55.30	2.75	$0
Oct 2019	0	0	53.47	2.42	$0
Sep 2019	0	0	55.05	2.66	$0
Aug 2019	0	0	53.11	2.30	$0
Jul 2019	0	0	56.27	2.46	$0
Jun 2019	0	0	52.78	2.49	$0
May 2019	0	0	58.48	2.74	$0
Apr 2019	0	0	62.63	2.75	$0
Mar 2019	0	0	56.80	3.06	$0
Feb 2019	0	0	50.85	2.79	$0
Jan 2019	0	0	46.03	3.23	$0
Dec 2018	0	0	46.59	4.19	$0
Nov 2018	0	0	52.93	4.24	$0
Oct 2018	0	0	61.44	3.40	$0
Sep 2018	0	0	59.54	3.11	$0
Aug 2018	0	0	59.40	3.07	$0
Jul 2018	0	0	65.14	2.93	$0
Jun 2018	0	0	60.18	3.08	$0
May 2018	0	0	65.38	2.90	$0
Apr 2018	0	0	63.84	2.90	$0
Mar 2018	0	0	61.22	2.79	$0
Feb 2018	0	0	61.78	2.77	$0
Jan 2018	0	0	62.87	4.01	$0
Dec 2017	0	0	57.27	2.92	$0
Nov 2017	0	0	55.42	3.12	$0
Oct 2017	0	0	49.29	2.98	$0
Sep 2017	0	0	47.52	3.09	$0
Aug 2017	0	0	45.37	3.00	$0
Jul 2017	0	0	43.87	3.09	$0
Jun 2017	0	0	42.49	3.09	$0
May 2017	0	0	45.37	3.26	$0
Apr 2017	0	0	47.93	3.21	$0
Mar 2017	0	0	46.77	2.98	$0
Feb 2017	0	0	50.45	2.95	$0
Jan 2017	0	0	49.41	3.42	$0
Dec 2016	0	0	48.76	3.72	$0
Nov 2016	0	0	42.49	2.64	$0
Oct 2016	0	0	46.19	3.09	$0
Sep 2016	0	0	41.55	3.10	$0
Aug 2016	0	0	41.44	2.92	$0
Jul 2016	0	0	41.62	2.92	$0
Jun 2016	0	0	45.35	2.69	$0
May 2016	0	0	42.52	1.99	$0
Apr 2016	0	0	36.56	1.99	$0
Mar 2016	0	0	33.01	1.79	$0
Feb 2016	0	0	26.47	2.06	$0
Jan 2016	0	0	27.35	2.36	$0
Dec 2015	0	0	32.36	2.00	$0
Nov 2015	0	0	38.79	2.17	$0
Oct 2015	0	0	43.55	2.43	$0
Sep 2015	0	0	42.99	2.76	$0
Aug 2015	0	0	40.16	2.87	$0
Jul 2015	0	0	48.15	2.95	$0
Jun 2015	0	0	56.15	2.88	$0
May 2015	0	0	55.21	2.96	$0
Apr 2015	0	0	49.82	2.71	$0
Mar 2015	0	0	42.89	2.93	$0
Feb 2015	0	0	44.66	2.98	$0
Jan 2015	0	0	43.43	3.10	$0
Dec 2014	0	0	54.69	3.59	$0
Nov 2014	0	0	70.46	4.25	$0
Oct 2014	2	2	78.30	3.90	$164
Sep 2014	75	3	86.16	4.05	$6,474
Aug 2014	0	0	89.39	4.04	$0
Jul 2014	0	0	96.56	4.18	$0
Jun 2014	0	107	98.16	4.74	$507
May 2014	0	0	94.73	4.73	$0
Apr 2014	0	41	95.94	4.81	$197
Mar 2014	0	3	95.89	5.06	$15
Feb 2014	0	0	97.40	6.19	$0
Jan 2014	0	61	90.40	4.86	$297
Dec 2013	0	36	91.82	4.35	$157
Nov 2013	0	93	88.85	3.74	$348
Oct 2013	0	0	97.42	3.78	$0
Sep 2013	0	107	104.11	3.72	$398
Aug 2013	0	0	104.25	3.52	$0
Jul 2013	0	35	102.52	3.72	$130
Jun 2013	0	44	94.40	3.93	$173
May 2013	0	13	94.83	4.15	$54
Apr 2013	0	31	93.96	4.28	$133
Mar 2013	0	21	93.62	3.91	$82
Feb 2013	0	97	91.23	3.42	$332
Jan 2013	0	0	91.60	3.42	$0
Dec 2012	0	42	86.77	3.42	$144
Nov 2012	0	27	86.95	3.62	$98
Oct 2012	0	55	89.38	3.40	$187
Sep 2012	0	0	94.67	2.92	$0
Aug 2012	0	15	92.66	2.91	$44
Jul 2012	0	0	85.13	3.02	$0
Jun 2012	0	183	79.82	2.52	$461
May 2012	0	0	91.61	2.49	$0
Apr 2012	0	16	101.65	2.00	$32
Mar 2012	0	0	105.05	2.22	$0
Feb 2012	0	36	101.10	2.57	$93
Jan 2012	0	109	98.09	2.73	$298
Dec 2011	0	0	96.87	3.24	$0
Nov 2011	0	0	95.72	3.31	$0
Oct 2011	0	46	84.98	3.65	$168
Sep 2011	0	196	83.62	3.99	$781
Aug 2011	0	0	83.40	4.15	$0
Jul 2011	0	0	94.14	4.52	$0
Jun 2011	0	0	92.90	4.64	$0
May 2011	0	0	98.13	4.40	$0
Apr 2011	0	0	105.96	4.33	$0
Mar 2011	0	0	96.36	4.06	$0
Feb 2011	0	0	85.64	4.18	$0
Jan 2011	0	0	86.50	4.59	$0
Dec 2010	0	0	85.73	4.35	$0
Nov 2010	0	3	80.84	3.80	$11
Oct 2010	0	62	78.10	3.51	$218
Sep 2010	13	0	72.63	3.98	$944
Aug 2010	0	0	73.68	4.42	$0
Jul 2010	1	303	72.55	4.74	$1,508
Jun 2010	0	310	70.36	4.91	$1,522
May 2010	0	0	71.12	4.24	$0
Apr 2010	0	0	81.69	4.12	$0
Mar 2010	0	0	78.39	4.39	$0
Feb 2010	0	0	73.58	5.44	$0
Jan 2010	0	9	74.36	5.96	$54
Dec 2009	0	482	71.44	5.48	$2,643
Nov 2009	0	860	74.59	3.75	$3,226
Oct 2009	4	195	72.54	4.11	$1,092
Sep 2009	4	223	65.54	3.06	$946
Aug 2009	175	28	67.42	3.22	$11,889
Jul 2009	0	405	61.13	3.46	$1,403
Jun 2009	0	0	66.16	3.90	$0
May 2009	0	329	54.74	3.93	$1,292
Apr 2009	0	2,271	46.77	3.59	$8,147
Mar 2009	0	1,985	42.14	4.06	$8,057
Feb 2009	14	1,956	32.81	4.63	$9,521
Jan 2009	207	2,228	35.86	5.37	$19,390
Dec 2008	1	2,376	37.10	5.98	$14,239
Nov 2008	10	2,362	55.49	6.86	$16,759
Oct 2008	16	2,382	75.24	6.92	$17,692
Sep 2008	36	1,537	101.76	7.88	$15,770
Aug 2008	395	2,009	114.22	8.48	$62,159
Jul 2008	9	2,432	131.08	11.39	$28,879
Jun 2008	0	2,542	131.33	13.03	$33,129
May 2008	1	2,770	123.17	11.57	$32,184
Apr 2008	8	3,077	110.31	10.45	$33,052
Mar 2008	6	968	101.90	9.66	$9,966
Feb 2008	20	2,184	92.53	8.77	$21,006
Jan 2008	205	2,270	90.38	8.21	$37,155
Dec 2007	15	1,780	88.33	7.30	$14,322
Nov 2007	7	2,612	91.67	7.29	$19,688
Oct 2007	171	2,899	82.85	6.92	$34,234
Sep 2007	2	1,451	75.84	6.24	$9,212
Aug 2007	8	1,336	69.06	6.39	$9,087
Jul 2007	11	2,988	70.90	6.39	$19,867
Jun 2007	195	3,029	62.00	7.55	$34,954
May 2007	0	93	58.74	7.85	$730
Apr 2007	6	469	59.61	7.81	$4,018
Mar 2007	3	4,433	56.92	7.30	$32,540
Feb 2007	8	1,467	55.10	8.22	$12,494
Jan 2007	13	4,362	50.30	6.73	$29,996
Dec 2006	206	4,656	56.65	6.92	$43,882
Nov 2006	23	4,587	54.20	7.62	$36,188
Oct 2006	185	4,510	54.90	6.01	$37,279
Sep 2006	0	4,559	60.08	5.04	$22,965
Aug 2006	2	1,903	68.71	7.34	$14,105
Jul 2006	155	2,909	69.37	6.34	$29,203
Jun 2006	9	4,016	66.28	6.38	$26,234
May 2006	182	4,370	66.01	6.42	$40,091
Apr 2006	196	3,885	64.39	7.36	$41,216
Mar 2006	15	4,841	56.70	7.08	$35,139
Feb 2006	203	4,544	57.59	7.75	$46,912
Jan 2006	372	6,036	60.59	8.93	$76,461
Dec 2005	17	6,466	54.94	13.42	$87,678
Nov 2005	269	6,815	54.69	10.59	$86,872
Oct 2005	198	7,543	58.34	13.80	$115,613
Sep 2005	216	8,124	61.45	12.08	$111,403
Aug 2005	197	8,669	61.51	9.80	$97,046
Jul 2005	201	9,233	55.69	7.84	$83,614
Jun 2005	211	9,645	52.33	7.38	$82,232
May 2005	364	11,077	45.22	6.65	$90,135
Apr 2005	406	8,695	49.20	7.36	$83,975
Mar 2005	434	11,221	50.37	7.15	$102,145
Feb 2005	450	14,676	45.22	6.31	$112,983
Jan 2005	303	31,520	43.16	6.32	$212,353

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.

Oct 2014 — as filed, then multipliedworked

Condensate             2 bbl  × $ 78.30 =       $157
Gas                    2 Mcf  × $  3.90 =         $8

────────────────────────────────────────────────────
Month total                                     $164

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/208056 is the state's own key, not one this site invented.