MCELROY RANCH CO. -G-

Name: MCELROY RANCH CO. -G- lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by FDL OPERATING, LLC (P-5 263924) in the MCELROY RANCH (WOLFCAMP) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 26208District 08Field 59340500Hydrogen sulphide fieldNGPA filingOilCasinghead gasSave Export

Value, all time

$8.3 M

Jan 1993 – Jul 2017

Value, last 12 filed months

at the published price for each month

Months reported

295

no gaps in the span

Streams

oil, casinghead gas

The MCELROY RANCH (WOLFCAMP) 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 6 leases and 10 wells, and the rule below applies to all of them.

Discovered

1980-10-25

as the register files it

Field class

Oil

the register's own label

Between wells

—

no field rule filed

From a lease line

—

no field rule filed

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.

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
NGPA	3	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
Oil	Disposition	197,421 bbl	$7,461,464
Casinghead gas	Production	262,710 Mcf	$888,255
Total			$8,349,720

82,242 Mcf of this lease's gas, across 42 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 (4)

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 31.5243, -102.3209. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.7 miles.

31.52411, -102.32110 · 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%

4 of 4 wells

With a plug date

100.0%

4 of 4 wells

Median depth

9,450 ft

4 wells filed one

Completion to plug

22.3 years

median over 4 wells

What the state filed about each well

On the RRC proration schedule

4100.0%

A plug date is filed

4100.0%

BothOn the schedule and plugged. Neither fact cancels the other.

4100.0%

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

Between 7,742 and 12,256 ft, median 9,450 ft, over the 4 wells that filed a depth.

Completions filed

Jul 1980 – Apr 2015

4 of 4 wells

Plug dates filed

Oct 1999 – May 2017

4 of 4 wells

Last completion to plug: a median of 22.3 years across the 4 wells that filed both dates, with the middle half between 15.0 years and 25.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

4 wells


42-10330839	10	11,100 ft	Apr 2015	May 2017	Yes
42-10333103	21	7,742 ft	Jun 1983	Nov 2008	Yes
42-10333110	20	7,800 ft	May 1983	Oct 2008	Yes
42-10330835	9	12,256 ft	Jul 1980	Oct 1999	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 (295)

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

295 months


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	2	0	48.15	2.95	$96
Jun 2015	0	0	56.15	2.88	$0
May 2015	0	0	55.21	2.96	$0
Apr 2015	120	0	49.82	2.71	$5,978
Mar 2015	395	79	42.89	2.93	$17,173
Feb 2015	165	807	44.66	2.98	$9,771
Jan 2015	359	602	43.43	3.10	$17,458
Dec 2014	315	647	54.69	3.59	$19,551
Nov 2014	421	875	70.46	4.25	$33,384
Oct 2014	522	322	78.30	3.90	$42,129
Sep 2014	295	260	86.16	4.05	$26,469
Aug 2014	566	552	89.39	4.04	$52,822
Jul 2014	395	637	96.56	4.18	$40,804
Jun 2014	485	558	98.16	4.74	$50,251
May 2014	394	959	94.73	4.73	$41,856
Apr 2014	672	684	95.94	4.81	$67,761
Mar 2014	255	608	95.89	5.06	$27,526
Feb 2014	427	972	97.40	6.19	$47,608
Jan 2014	744	694	90.40	4.86	$70,631
Dec 2013	714	849	91.82	4.35	$69,256
Nov 2013	299	901	88.85	3.74	$29,934
Oct 2013	0	0	97.42	3.78	$0
Sep 2013	0	0	104.11	3.72	$0
Aug 2013	0	0	104.25	3.52	$0
Jul 2013	0	0	102.52	3.72	$0
Jun 2013	0	0	94.40	3.93	$0
May 2013	0	0	94.83	4.15	$0
Apr 2013	0	0	93.96	4.28	$0
Mar 2013	0	0	93.62	3.91	$0
Feb 2013	29	0	91.23	3.42	$2,646
Jan 2013	156	280	91.60	3.42	$15,247
Dec 2012	321	1,036	86.77	3.42	$31,396
Nov 2012	669	911	86.95	3.62	$61,472
Oct 2012	426	0	89.38	3.40	$38,076
Sep 2012	743	1,254	94.67	2.92	$73,999
Aug 2012	193	861	92.66	2.91	$20,387
Jul 2012	490	567	85.13	3.02	$43,426
Jun 2012	325	545	79.82	2.52	$27,314
May 2012	404	785	91.61	2.49	$38,964
Apr 2012	166	518	101.65	2.00	$17,908
Mar 2012	507	697	105.05	2.22	$54,809
Feb 2012	478	598	101.10	2.57	$49,863
Jan 2012	848	854	98.09	2.73	$85,515
Dec 2011	281	648	96.87	3.24	$29,320
Nov 2011	100	0	95.72	3.31	$9,572
Oct 2011	274	693	84.98	3.65	$25,813
Sep 2011	532	764	83.62	3.99	$47,531
Aug 2011	170	1,244	83.40	4.15	$19,340
Jul 2011	586	1,047	94.14	4.52	$59,896
Jun 2011	824	1,053	92.90	4.64	$81,435
May 2011	318	814	98.13	4.40	$34,791
Apr 2011	753	844	105.96	4.33	$83,445
Mar 2011	529	731	96.36	4.06	$53,940
Feb 2011	699	1,098	85.64	4.18	$64,452
Jan 2011	456	771	86.50	4.59	$42,982
Dec 2010	298	1,045	85.73	4.35	$30,091
Nov 2010	464	603	80.84	3.80	$39,798
Oct 2010	519	882	78.10	3.51	$43,629
Sep 2010	571	786	72.63	3.98	$44,600
Aug 2010	482	997	73.68	4.42	$39,920
Jul 2010	685	762	72.55	4.74	$53,306
Jun 2010	775	848	70.36	4.91	$58,693
May 2010	754	1,029	71.12	4.24	$57,983
Apr 2010	871	881	81.69	4.12	$74,784
Mar 2010	336	0	78.39	4.39	$26,339
Feb 2010	367	382	73.58	5.44	$29,083
Jan 2010	751	703	74.36	5.96	$60,037
Dec 2009	627	2,176	71.44	5.48	$56,726
Nov 2009	643	703	74.59	3.75	$50,599
Oct 2009	495	779	72.54	4.11	$39,109
Sep 2009	548	753	65.54	3.06	$38,224
Aug 2009	447	600	67.42	3.22	$32,068
Jul 2009	333	396	61.13	3.46	$21,728
Jun 2009	438	358	66.16	3.90	$30,372
May 2009	636	973	54.74	3.93	$38,634
Apr 2009	427	752	46.77	3.59	$22,669
Mar 2009	390	755	42.14	4.06	$19,499
Feb 2009	411	737	32.81	4.63	$16,899
Jan 2009	568	942	35.86	5.37	$25,428
Dec 2008	736	1,078	37.10	5.98	$33,749
Nov 2008	887	1,252	55.49	6.86	$57,809
Oct 2008	570	992	75.24	6.92	$49,753
Sep 2008	708	844	101.76	7.88	$78,694
Aug 2008	971	1,441	114.22	8.48	$123,132
Jul 2008	1,476	1,585	131.08	11.39	$211,526
Jun 2008	706	589	131.33	13.03	$100,395
May 2008	700	736	123.17	11.57	$94,738
Apr 2008	561	690	110.31	10.45	$69,098
Mar 2008	657	549	101.90	9.66	$72,254
Feb 2008	393	603	92.53	8.77	$41,653
Jan 2008	511	660	90.38	8.21	$51,600
Dec 2007	488	300	88.33	7.30	$45,296
Nov 2007	571	461	91.67	7.29	$55,705
Oct 2007	708	515	82.85	6.92	$62,223
Sep 2007	545	481	75.84	6.24	$44,336
Aug 2007	556	512	69.06	6.39	$41,668
Jul 2007	560	884	70.90	6.39	$45,351
Jun 2007	456	540	62.00	7.55	$32,348
May 2007	862	779	58.74	7.85	$56,746
Apr 2007	746	619	59.61	7.81	$49,300
Mar 2007	644	516	56.92	7.30	$40,424
Feb 2007	587	605	55.10	8.22	$37,314
Jan 2007	807	567	50.30	6.73	$44,406
Dec 2006	701	548	56.65	6.92	$43,503
Nov 2006	522	699	54.20	7.62	$33,617
Oct 2006	450	1,066	54.90	6.01	$31,116
Sep 2006	955	1,306	60.08	5.04	$63,955
Aug 2006	1,042	1,460	68.71	7.34	$82,312
Jul 2006	894	1,348	69.37	6.34	$70,567
Jun 2006	832	1,354	66.28	6.38	$63,789
May 2006	809	1,212	66.01	6.42	$61,189
Apr 2006	827	1,103	64.39	7.36	$61,369
Mar 2006	644	942	56.70	7.08	$43,187
Feb 2006	479	1,189	57.59	7.75	$36,802
Jan 2006	583	941	60.59	8.93	$43,730
Dec 2005	372	727	54.94	13.42	$30,191
Nov 2005	507	913	54.69	10.59	$37,395
Oct 2005	550	983	58.34	13.80	$45,648
Sep 2005	480	814	61.45	12.08	$39,328
Aug 2005	555	946	61.51	9.80	$43,406
Jul 2005	756	1,011	55.69	7.84	$50,032
Jun 2005	635	1,101	52.33	7.38	$41,356
May 2005	585	1,089	45.22	6.65	$33,697
Apr 2005	568	1,232	49.20	7.36	$37,014
Mar 2005	511	1,578	50.37	7.15	$37,029
Feb 2005	418	1,173	45.22	6.31	$26,306
Jan 2005	599	1,165	43.16	6.32	$33,218
Dec 2004	436	1,228	39.86	6.75	$25,669
Nov 2004	498	1,210	45.28	6.33	$30,209
Oct 2004	471	779	49.70	6.52	$28,484
Sep 2004	717	1,063	43.24	5.28	$36,620
Aug 2004	846	1,400	42.37	5.55	$43,616
Jul 2004	937	888	38.28	6.08	$41,271
Jun 2004	696	594	36.10	6.43	$28,947
May 2004	651	699	37.48	6.49	$28,939
Apr 2004	459	747	34.47	5.86	$20,198
Mar 2004	497	816	34.36	5.53	$21,590
Feb 2004	501	794	32.45	5.51	$20,632
Jan 2004	552	841	32.03	6.30	$22,979
Dec 2003	517	773	30.26	6.30	$20,516
Nov 2003	456	803	28.80	4.60	$16,823
Oct 2003	474	811	28.17	4.76	$17,213
Sep 2003	467	769	26.31	4.75	$15,939
Aug 2003	432	762	29.76	5.13	$16,765
Jul 2003	426	782	29.41	5.17	$16,572
Jun 2003	378	681	28.56	5.98	$14,870
May 2003	336	595	26.59	5.97	$12,488
Apr 2003	385	832	26.67	5.41	$14,767
Mar 2003	330	396	31.14	6.10	$12,690
Feb 2003	580	889	33.48	7.93	$26,465
Jan 2003	638	1,019	30.31	5.58	$25,026
Dec 2002	631	945	26.91	4.85	$21,567
Nov 2002	547	827	24.66	4.14	$16,910
Oct 2002	641	883	26.46	4.23	$20,695
Sep 2002	536	737	27.44	3.64	$17,387
Aug 2002	495	651	25.96	3.16	$14,910
Jul 2002	497	662	24.58	3.06	$14,243
Jun 2002	487	662	23.73	3.34	$13,766
May 2002	516	577	24.66	3.58	$14,793
Apr 2002	597	1,355	23.65	3.51	$18,878
Mar 2002	453	1,040	22.00	3.10	$13,193
Feb 2002	484	1,144	18.22	2.38	$11,536
Jan 2002	591	1,246	17.17	2.38	$13,108
Dec 2001	647	1,422	16.93	2.36	$14,316
Nov 2001	615	1,096	18.07	2.41	$13,750
Oct 2001	599	777	19.78	2.53	$13,813
Sep 2001	645	809	24.26	2.25	$17,469
Aug 2001	634	889	24.87	3.05	$18,482
Jul 2001	640	1,621	23.93	3.20	$20,498
Jun 2001	625	1,655	24.56	3.82	$21,679
May 2001	626	1,687	25.52	4.31	$23,242
Apr 2001	204	482	24.68	5.34	$7,606
Mar 2001	376	816	24.54	5.38	$13,614
Feb 2001	716	1,697	27.75	5.77	$29,656
Jan 2001	893	1,961	27.47	8.40	$41,001
Dec 2000	990	1,332	26.88	9.12	$38,762
Nov 2000	812	908	32.21	5.66	$31,292
Oct 2000	969	606	31.23	5.15	$33,380
Sep 2000	881	894	31.87	5.19	$32,714
Aug 2000	945	958	29.64	4.54	$32,360
Jul 2000	1,022	969	28.53	4.09	$33,121
Jun 2000	1,055	938	29.30	4.40	$35,036
May 2000	843	964	27.26	3.68	$26,527
Apr 2000	665	799	24.51	3.12	$18,789
Mar 2000	667	1,137	28.42	2.86	$22,208
Feb 2000	674	1,248	27.62	2.73	$22,019
Jan 2000	808	1,135	25.27	2.48	$23,234
Dec 1999	948	1,103	24.28	2.42	$25,691
Nov 1999	991	884	23.19	2.43	$25,133
Oct 1999	1,086	841	20.98	2.80	$25,142
Sep 1999	1,244	963	21.75	2.62	$29,579
Aug 1999	1,639	1,130	19.26	2.88	$34,817
Jul 1999	1,639	1,077	17.89	2.37	$31,877
Jun 1999	1,502	1,043	15.94	2.36	$26,406
May 1999	1,289	1,046	15.79	2.32	$22,781
Apr 1999	451	535	15.10	2.21	$7,991
Mar 1999	679	792	12.47	1.84	$9,923
Feb 1999	635	714	9.98	1.82	$7,635
Jan 1999	677	734	10.38	1.90	$8,422
Dec 1998	683	789	9.20	1.77	$7,683
Nov 1998	646	729	10.89	2.19	$8,628
Oct 1998	645	745	12.42	1.97	$9,478
Sep 1998	657	823	12.59	2.08	$9,986
Aug 1998	669	1,165	11.30	1.91	$9,782
Jul 1998	625	746	11.74	2.24	$9,007
Jun 1998	501	649	11.24	2.24	$7,083
May 1998	682	933	12.62	2.21	$10,665
Apr 1998	789	912	13.04	2.51	$12,573
Mar 1998	804	878	12.80	2.31	$12,319
Feb 1998	672	755	13.95	2.30	$11,110
Jan 1998	721	736	14.70	2.15	$12,185
Dec 1997	634	770	16.32	2.41	$12,203
Nov 1997	723	714	18.19	3.09	$15,356
Oct 1997	825	867	19.25	3.15	$18,612
Sep 1997	799	798	17.74	2.95	$16,532
Aug 1997	872	807	17.86	2.55	$17,636
Jul 1997	676	681	17.58	2.25	$13,414
Jun 1997	802	838	17.24	2.26	$15,718
May 1997	764	808	18.97	2.31	$16,358
Apr 1997	841	834	17.88	2.08	$16,774
Mar 1997	784	926	18.95	1.94	$16,652
Feb 1997	705	829	20.49	2.21	$16,274
Jan 1997	836	1,015	23.48	3.54	$23,222
Dec 1996	848	1,091	23.32	—	$19,775
Nov 1996	820	984	21.97	—	$18,015
Oct 1996	890	1,066	23.31	—	$20,746
Sep 1996	894	1,167	22.22	—	$19,865
Aug 1996	951	931	20.26	—	$19,267
Jul 1996	1,020	1,218	19.55	—	$19,941
Jun 1996	814	1,073	18.73	—	$15,246
May 1996	808	1,160	19.43	—	$15,699
Apr 1996	1,086	1,215	21.51	—	$23,360
Mar 1996	976	1,123	19.38	—	$18,915
Feb 1996	1,056	1,099	16.98	—	$17,931
Jan 1996	1,061	1,093	17.07	—	$18,111
Dec 1995	1,094	1,087	17.19	—	$18,806
Nov 1995	1,015	1,062	16.00	—	$16,240
Oct 1995	1,164	1,086	15.43	—	$17,961
Sep 1995	1,019	1,312	16.18	—	$16,487
Aug 1995	1,134	3,011	15.92	—	$18,053
Jul 1995	1,252	2,505	15.24	—	$19,080
Jun 1995	1,236	2,444	16.41	—	$20,283
May 1995	1,255	2,305	17.56	—	$22,038
Apr 1995	1,364	2,321	17.73	—	$24,184
Mar 1995	1,487	2,572	16.44	—	$24,446
Feb 1995	1,446	3,810	16.58	—	$23,975
Jan 1995	1,733	2,768	15.92	—	$27,589
Dec 1994	1,590	2,354	15.03	—	$23,898
Nov 1994	1,796	2,372	15.90	—	$28,556
Oct 1994	1,680	2,366	15.58	—	$26,174
Sep 1994	2,030	2,145	15.29	—	$31,039
Aug 1994	2,399	2,413	16.13	—	$38,696
Jul 1994	2,230	2,194	17.56	—	$39,159
Jun 1994	2,407	2,776	17.09	—	$41,136
May 1994	2,906	3,179	15.88	—	$46,147
Apr 1994	3,074	3,678	14.14	—	$43,466
Mar 1994	3,448	3,989	12.46	—	$42,962
Feb 1994	2,881	3,121	12.50	—	$36,013
Jan 1994	3,122	2,773	12.66	—	$39,525
Dec 1993	3,505	1,927	12.33	—	$43,217
Nov 1993	3,272	1,835	14.49	—	$47,411
Oct 1993	1,793	3,504	15.85	—	$28,419
Sep 1993	627	1,020	15.03	—	$9,424
Aug 1993	0	0	15.66	—	$0
Jul 1993	57	0	15.46	—	$881
Jun 1993	890	367	16.79	—	$14,943
May 1993	1,112	726	17.68	—	$19,660
Apr 1993	0	0	18.05	—	$0
Mar 1993	0	0	18.14	—	$0
Feb 1993	0	0	17.90	—	$0
Jan 1993	0	0	16.93	—	$0

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.

Jul 2015 — as filed, then multipliedworked

Oil                    2 bbl  × $ 48.15 =        $96
Casinghead gas         0 Mcf  × $  2.95 =         $0

────────────────────────────────────────────────────
Month total                                      $96

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/26208 is the state's own key, not one this site invented.