MCRAE

Operated by REFORMED RESOURCES, LLC (P-5 103362) in the MCELROY field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 20723District 08Field 59337001Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$1.0 M
Jan 1993 – May 2026
Value, last 12 filed months
$13 k
at the published price for each month
Months reported
401
no gaps in the span
Streams
2
oil, casinghead 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 114 leases and 4,417 wells, and the rule below applies to all of them.

Discovered
1941-12-31
as the register files it
Field class
Oil and gas
the register's own label
Between wells
660 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 10 acres.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: WAS STATED AS THE GRAYBURG SAN ANDRES DOLOMITE AT 3000FT.

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
OilDisposition26,517 bbl$1,004,188
Casinghead gasProduction10,440 Mcf$36,326
Total$1,040,514

2,880 Mcf of this lease's gas, across 48 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

Wells on this lease (3)

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 31.3294, -102.3410. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

31.32986, -102.34132 · 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 3 wells
With a plug date
0.0%
0 of 3 wells
Median depth
2,920 ft
3 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.
3100.0%

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

Between 2,902 and 3,000 ft, median 2,920 ft, over the 3 wells that filed a depth.

Completions filed
Dec 1967 – Oct 2008
3 of 3 wells

3 wells

42-1031109613,000 ftOct 2008
42-1031112232,920 ftDec 1967
42-1031110922,902 ftDec 1967

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 (401)

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

401 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 202661089.753.15$5,475
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 202563056.664.41$3,570
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 202562062.743.08$3,890
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 202559062.363.54$3,679
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 202448069.052.20$3,314
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 202450079.932.15$3,997
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 202450076.091.78$3,805
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 202353085.443.09$4,528
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 202359078.122.24$4,609
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 202290076.415.73$6,877
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 2022101094.529.13$9,547
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 20221060109.378.43$11,593
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 202297081.844.54$7,938
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 2021102060.362.76$6,157
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 2020103038.772.71$3,993
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 2020106038.371.83$4,067
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 2020114049.881.98$5,686
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 2019112053.112.30$5,948
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 2019104058.482.74$6,082
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20183059.403.07$178
Jul 2018100065.142.93$6,514
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 2018101061.782.77$6,240
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 2017105055.423.12$5,819
Oct 20173049.292.98$148
Sep 20171047.523.09$48
Aug 201794045.373.00$4,265
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 201799046.772.98$4,630
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 201696042.492.64$4,079
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 201697041.442.92$4,020
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 2016101042.521.99$4,295
Apr 20160036.561.99$0
Mar 201695033.011.79$3,136
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 2015101043.552.43$4,399
Sep 20150042.992.76$0
Aug 201597040.162.87$3,896
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 201596055.212.96$5,300
Apr 20150049.822.71$0
Mar 2015108042.892.93$4,632
Feb 20150044.662.98$0
Jan 201517043.433.10$738
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 2014166089.394.04$14,839
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 2014149094.734.73$14,115
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 2014185097.406.19$18,019
Jan 20140090.404.86$0
Dec 2013167091.824.35$15,334
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 20131500104.253.52$15,638
Jul 201300102.523.72$0
Jun 2013160094.403.93$15,104
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 2013166091.233.42$15,144
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 2012160086.953.62$13,912
Oct 20120089.383.40$0
Sep 2012158094.672.92$14,958
Aug 20121092.662.91$93
Jul 20120085.133.02$0
Jun 2012160079.822.52$12,771
May 20120091.612.49$0
Apr 20121620101.652.00$16,467
Mar 201230105.052.22$315
Feb 201200101.102.57$0
Jan 2012151098.092.73$14,812
Dec 20110096.873.24$0
Nov 2011159095.723.31$15,219
Oct 2011158084.983.65$13,427
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 2010160085.734.35$13,717
Nov 20100080.843.80$0
Oct 20103078.103.51$234
Sep 20100072.633.98$0
Aug 201069073.684.42$5,084
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 2010160078.394.39$12,542
Feb 20100073.585.44$0
Jan 2010163074.365.96$12,121
Dec 20090071.445.48$0
Nov 2009167074.593.75$12,457
Oct 20090072.544.11$0
Sep 2009164065.543.06$10,749
Aug 2009162067.423.22$10,922
Jul 20090061.133.46$0
Jun 2009167066.163.90$11,049
May 20090054.743.93$0
Apr 2009160046.773.59$7,483
Mar 2009169042.144.06$7,122
Feb 20090032.814.63$0
Jan 2009169035.865.37$6,060
Dec 2008157037.105.98$5,825
Nov 20080055.496.86$0
Oct 2008167075.246.92$12,565
Sep 200800101.767.88$0
Aug 20081650114.228.48$18,846
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 20081550110.3110.45$17,098
Mar 200800101.909.66$0
Feb 2008154092.538.77$14,250
Jan 20080090.388.21$0
Dec 2007170088.337.30$15,016
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 200751070.906.39$3,616
Jun 20071466062.007.55$9,505
May 200706058.747.85$471
Apr 200706059.617.81$468
Mar 20071576056.927.30$9,375
Feb 200706055.108.22$493
Jan 200706050.306.73$404
Dec 200606056.656.92$415
Nov 200606054.207.62$457
Oct 200606054.906.01$361
Sep 200606060.085.04$302
Aug 20061456068.717.34$10,403
Jul 200606069.376.34$381
Jun 200606066.286.38$383
May 200606066.016.42$386
Apr 200606064.397.36$442
Mar 20061406056.707.08$8,363
Feb 200606057.597.75$465
Jan 200606060.598.93$536
Dec 20051556054.9413.42$9,321
Nov 200506054.6910.59$635
Oct 20051466058.3413.80$9,345
Sep 200506061.4512.08$725
Aug 200506061.519.80$588
Jul 20051396055.697.84$8,212
Jun 200506052.337.38$443
May 200506045.226.65$399
Apr 20051576049.207.36$8,166
Mar 200506050.377.15$429
Feb 200506045.226.31$379
Jan 20051386043.166.32$6,335
Dec 20041756039.866.75$7,381
Nov 200406045.286.33$380
Oct 200406049.706.52$391
Sep 20041436043.245.28$6,500
Aug 20041666042.375.55$7,366
Jul 200406038.286.08$365
Jun 20041556036.106.43$5,981
May 200406037.486.49$390
Apr 20041736034.475.86$6,315
Mar 200406034.365.53$332
Feb 20041516032.455.51$5,231
Jan 20041666032.036.30$5,695
Dec 200306030.266.30$378
Nov 20031536028.804.60$4,682
Oct 200306028.174.76$286
Sep 20031656026.314.75$4,626
Aug 200306029.765.13$308
Jul 20031676029.415.17$5,222
Jun 200306028.565.98$359
May 20031606026.595.97$4,613
Apr 200306026.675.41$324
Mar 20031646031.146.10$5,473
Feb 200306033.487.93$476
Jan 200306030.315.58$335
Dec 20021686026.914.85$4,812
Nov 200206024.664.14$248
Oct 20021706026.464.23$4,752
Sep 20021556027.443.64$4,471
Aug 20021716025.963.16$4,629
Jul 200206024.583.06$184
Jun 200206023.733.34$200
May 200206024.663.58$215
Apr 20021476023.653.51$3,687
Mar 20021596022.003.10$3,684
Feb 200206018.222.38$143
Jan 20021636017.172.38$2,941
Dec 20011656016.932.36$2,935
Nov 20011656018.072.41$3,126
Oct 20011736019.782.53$3,574
Sep 200106024.262.25$135
Aug 20011626024.873.05$4,212
Jul 200106023.933.20$192
Jun 20011686024.563.82$4,356
May 200106025.524.31$258
Apr 20011686024.685.34$4,466
Mar 20011676024.545.38$4,421
Feb 20011396027.755.77$4,203
Jan 20011746027.478.40$5,284
Dec 200026026.889.12$601
Nov 20001726032.215.66$5,880
Oct 200026031.235.15$371
Sep 20001356031.875.19$4,614
Aug 20001546029.644.54$4,837
Jul 20001676028.534.09$5,010
Jun 200006029.304.40$264
May 20001586027.263.68$4,528
Apr 20001606024.513.12$4,109
Mar 20001616028.422.86$4,747
Feb 20001596027.622.73$4,555
Jan 20001536025.272.48$4,015
Dec 199906024.282.42$145
Nov 19991516023.192.43$3,648
Oct 19991616020.982.80$3,546
Sep 19991556021.752.62$3,528
Aug 19991466019.262.88$2,985
Jul 19991556017.892.37$2,915
Jun 19991536015.942.36$2,581
May 19991526015.792.32$2,539
Apr 199906015.102.21$132
Mar 19991566012.471.84$2,056
Feb 1999157609.981.82$1,676
Jan 19991666010.381.90$1,837
Dec 1998160609.201.77$1,578
Nov 19981576010.892.19$1,841
Oct 199806012.421.97$118
Sep 19983166012.592.08$4,103
Aug 19981606011.301.91$1,922
Jul 19981566011.742.24$1,966
Jun 19981466011.242.24$1,775
May 19981596012.622.21$2,139
Apr 19983216013.042.51$4,336
Mar 19981646012.802.31$2,238
Feb 19981576013.952.30$2,328
Jan 19981706014.702.15$2,628
Dec 199706016.322.41$145
Nov 19971616018.193.09$3,114
Oct 19971646019.253.15$3,346
Sep 19971526017.742.95$2,874
Aug 199706017.862.55$153
Jul 19971586017.582.25$2,912
Jun 19971596017.242.26$2,877
May 19971586018.972.31$3,136
Apr 199706017.882.08$125
Mar 19971566018.951.94$3,073
Feb 19971546020.492.21$3,288
Jan 19971606023.483.54$3,969
Dec 19961536023.32$3,568
Nov 19961706021.97$3,735
Oct 19961726023.31$4,009
Sep 19961626022.22$3,600
Aug 19961586020.26$3,201
Jul 19961676019.55$3,265
Jun 19961556018.73$2,903
May 199606019.43$0
Apr 19963496021.51$7,507
Mar 19961826019.38$3,527
Feb 199606016.98$0
Jan 19961736017.07$2,953
Dec 19951736017.19$2,974
Nov 19951686016.00$2,688
Oct 19951836015.43$2,824
Sep 199506016.18$0
Aug 19951576015.92$2,499
Jul 19951566015.24$2,377
Jun 199506016.41$0
May 19951796017.56$3,143
Apr 199506017.73$0
Mar 19951606016.44$2,630
Feb 199506016.58$0
Jan 19951746015.92$2,770
Dec 19941756015.03$2,630
Nov 199406015.90$0
Oct 19941616015.58$2,508
Sep 19941506015.29$2,294
Aug 19941676016.13$2,694
Jul 199406017.56$0
Jun 19941676017.09$2,854
May 19941686015.88$2,668
Apr 199406014.14$0
Mar 19941696012.46$2,106
Feb 199406012.50$0
Jan 19941556012.66$1,962
Dec 19931556012.33$1,911
Nov 19931736014.49$2,507
Oct 19931736015.85$2,742
Sep 199306015.03$0
Aug 19931656015.66$2,584
Jul 199306015.46$0
Jun 19931616016.79$2,703
May 19931686017.68$2,970
Apr 19931626018.05$2,924
Mar 19933326018.14$6,022
Feb 19931716017.90$3,061
Jan 19931756016.93$2,963

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.

Mar 2026 — as filed, then multipliedworked
Oil                   61 bbl  × $ 89.75 =     $5,475
Casinghead gas         0 Mcf  × $  3.15 =         $0

────────────────────────────────────────────────────
Month total                                   $5,475

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. 08/O/20723 is the state's own key, not one this site invented.