MCELROY RANCH CO. "M"

Name: MCELROY RANCH CO. "M" lease production and value, Nov 1997 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by XTO ENERGY INC. (P-5 945936) in the AMACKER-TIPPETT, SW (WOLFCAMP) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 165684District 7CField 02220700CondensateGasSave Export

Value, all time

$894 k

Nov 1997 – Jun 2009

Value, last 12 filed months

$10 k

at the published price for each month

Months reported

140

no gaps in the span

Streams

condensate, gas

The AMACKER-TIPPETT, SW (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 94 leases and 140 wells, and the rule below applies to all of them.

Discovered

1977-05-29

as the register files it

Field class

Oil and gas

the register's own label

Between wells

1,320 ft

minimum

From a lease line

660 ft

minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 1996-05-01.

The Commission's schedule remark for this field reads: “AOF-1 AND AOF-2 EFFECTIVE 05/01/2002.”

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	1,070 bbl	$57,612
Gas	Production	212,945 Mcf	$836,378
Total			$893,990

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 31.3520, -102.1776. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.35196, -102.17765 · 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

100.0%

1 of 1 wells

Median depth

9,400 ft

1 wells filed one

Completion to plug

13.3 years

median over 1 well

What the state filed about each well

On the RRC proration schedule

1100.0%

A plug date is filed

1100.0%

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

1100.0%

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 9,400 ft.

Completions filed

Sep 2008

1 of 1 wells

Plug dates filed

Dec 2021

1 of 1 wells

Last completion to plug: a median of 13.3 years across the 1 well that filed both dates, with the middle half between 13.3 years and 13.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-46133324	35	9,400 ft	Sep 2008	Dec 2021	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 (140)

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

140 months


Jun 2009	0	0	66.16	3.90	$0
May 2009	0	0	54.74	3.93	$0
Apr 2009	0	0	46.77	3.59	$0
Mar 2009	0	0	42.14	4.06	$0
Feb 2009	0	0	32.81	4.63	$0
Jan 2009	0	0	35.86	5.37	$0
Dec 2008	0	0	37.10	5.98	$0
Nov 2008	0	0	55.49	6.86	$0
Oct 2008	0	0	75.24	6.92	$0
Sep 2008	3	0	101.76	7.88	$305
Aug 2008	28	31	114.22	8.48	$3,461
Jul 2008	42	45	131.08	11.39	$6,018
Jun 2008	44	51	131.33	13.03	$6,443
May 2008	28	31	123.17	11.57	$3,808
Apr 2008	31	35	110.31	10.45	$3,786
Mar 2008	33	34	101.90	9.66	$3,691
Feb 2008	25	29	92.53	8.77	$2,568
Jan 2008	27	30	90.38	8.21	$2,686
Dec 2007	24	5	88.33	7.30	$2,156
Nov 2007	25	29	91.67	7.29	$2,503
Oct 2007	15	1	82.85	6.92	$1,250
Sep 2007	1	1	75.84	6.24	$82
Aug 2007	29	25	69.06	6.39	$2,162
Jul 2007	69	57	70.90	6.39	$5,256
Jun 2007	7	228	62.00	7.55	$2,155
May 2007	0	997	58.74	7.85	$7,823
Apr 2007	0	876	59.61	7.81	$6,837
Mar 2007	0	592	56.92	7.30	$4,323
Feb 2007	0	970	55.10	8.22	$7,970
Jan 2007	0	849	50.30	6.73	$5,711
Dec 2006	0	1,218	56.65	6.92	$8,427
Nov 2006	0	954	54.20	7.62	$7,267
Oct 2006	0	1,415	54.90	6.01	$8,510
Sep 2006	0	1,644	60.08	5.04	$8,281
Aug 2006	0	1,604	68.71	7.34	$11,773
Jul 2006	0	246	69.37	6.34	$1,560
Jun 2006	0	1,377	66.28	6.38	$8,791
May 2006	10	1,772	66.01	6.42	$12,045
Apr 2006	9	1,772	64.39	7.36	$13,622
Mar 2006	3	1,742	56.70	7.08	$12,509
Feb 2006	0	1,480	57.59	7.75	$11,472
Jan 2006	25	1,732	60.59	8.93	$16,987
Dec 2005	28	1,327	54.94	13.42	$19,341
Nov 2005	27	1,787	54.69	10.59	$20,398
Oct 2005	6	1,739	58.34	13.80	$24,341
Sep 2005	0	1,672	61.45	12.08	$20,196
Aug 2005	0	1,923	61.51	9.80	$18,839
Jul 2005	0	1,785	55.69	7.84	$14,001
Jun 2005	0	1,874	52.33	7.38	$13,832
May 2005	0	1,457	45.22	6.65	$9,691
Apr 2005	0	2,185	49.20	7.36	$16,083
Mar 2005	0	2,265	50.37	7.15	$16,206
Feb 2005	0	1,770	45.22	6.31	$11,172
Jan 2005	0	1,995	43.16	6.32	$12,613
Dec 2004	0	1,072	39.86	6.75	$7,237
Nov 2004	0	54	45.28	6.33	$342
Oct 2004	0	17	49.70	6.52	$111
Sep 2004	0	0	43.24	5.28	$0
Aug 2004	0	0	42.37	5.55	$0
Jul 2004	0	0	38.28	6.08	$0
Jun 2004	0	0	36.10	6.43	$0
May 2004	0	0	37.48	6.49	$0
Apr 2004	0	0	34.47	5.86	$0
Mar 2004	0	0	34.36	5.53	$0
Feb 2004	0	0	32.45	5.51	$0
Jan 2004	0	0	32.03	6.30	$0
Dec 2003	0	301	30.26	6.30	$1,897
Nov 2003	0	722	28.80	4.60	$3,318
Oct 2003	0	573	28.17	4.76	$2,727
Sep 2003	0	241	26.31	4.75	$1,145
Aug 2003	0	67	29.76	5.13	$344
Jul 2003	0	15	29.41	5.17	$78
Jun 2003	0	6	28.56	5.98	$36
May 2003	0	5	26.59	5.97	$30
Apr 2003	0	0	26.67	5.41	$0
Mar 2003	0	0	31.14	6.10	$0
Feb 2003	0	0	33.48	7.93	$0
Jan 2003	0	0	30.31	5.58	$0
Dec 2002	0	199	26.91	4.85	$966
Nov 2002	0	587	24.66	4.14	$2,428
Oct 2002	0	852	26.46	4.23	$3,603
Sep 2002	0	692	27.44	3.64	$2,516
Aug 2002	0	308	25.96	3.16	$975
Jul 2002	0	255	24.58	3.06	$781
Jun 2002	0	221	23.73	3.34	$738
May 2002	0	354	24.66	3.58	$1,269
Apr 2002	0	197	23.65	3.51	$692
Mar 2002	0	353	22.00	3.10	$1,095
Feb 2002	1	344	18.22	2.38	$835
Jan 2002	2	319	17.17	2.38	$792
Dec 2001	1	319	16.93	2.36	$771
Nov 2001	1	710	18.07	2.41	$1,726
Oct 2001	0	1,083	19.78	2.53	$2,739
Sep 2001	0	1,208	24.26	2.25	$2,720
Aug 2001	0	1,288	24.87	3.05	$3,932
Jul 2001	0	1,371	23.93	3.20	$4,383
Jun 2001	8	1,402	24.56	3.82	$5,558
May 2001	40	1,477	25.52	4.31	$7,383
Apr 2001	0	1,445	24.68	5.34	$7,710
Mar 2001	0	1,251	24.54	5.38	$6,726
Feb 2001	0	1,223	27.75	5.77	$7,053
Jan 2001	0	1,522	27.47	8.40	$12,783
Dec 2000	0	1,821	26.88	9.12	$16,612
Nov 2000	0	1,975	32.21	5.66	$11,175
Oct 2000	0	1,310	31.23	5.15	$6,741
Sep 2000	0	2,299	31.87	5.19	$11,924
Aug 2000	0	2,467	29.64	4.54	$11,202
Jul 2000	0	2,651	28.53	4.09	$10,842
Jun 2000	0	2,862	29.30	4.40	$12,585
May 2000	2	3,109	27.26	3.68	$11,495
Apr 2000	5	3,136	24.51	3.12	$9,894
Mar 2000	10	3,342	28.42	2.86	$9,841
Feb 2000	7	3,180	27.62	2.73	$8,864
Jan 2000	28	2,210	25.27	2.48	$6,189
Dec 1999	35	2,491	24.28	2.42	$6,887
Nov 1999	14	2,286	23.19	2.43	$5,889
Oct 1999	3	2,604	20.98	2.80	$7,364
Sep 1999	0	2,649	21.75	2.62	$6,937
Aug 1999	0	0	19.26	2.88	$0
Jul 1999	0	3,347	17.89	2.37	$7,940
Jun 1999	1	3,804	15.94	2.36	$9,001
May 1999	2	4,003	15.79	2.32	$9,323
Apr 1999	14	3,889	15.10	2.21	$8,799
Mar 1999	21	4,024	12.47	1.84	$7,659
Feb 1999	34	3,944	9.98	1.82	$7,509
Jan 1999	49	4,147	10.38	1.90	$8,388
Dec 1998	53	3,260	9.20	1.77	$6,269
Nov 1998	77	3,392	10.89	2.19	$8,252
Oct 1998	0	3,477	12.42	1.97	$6,847
Sep 1998	1	4,616	12.59	2.08	$9,626
Aug 1998	0	7,342	11.30	1.91	$14,004
Jul 1998	0	5,819	11.74	2.24	$13,019
Jun 1998	0	6,891	11.24	2.24	$15,417
May 1998	2	7,518	12.62	2.21	$16,613
Apr 1998	4	0	13.04	2.51	$52
Mar 1998	0	6,503	12.80	2.31	$15,018
Feb 1998	2	5,631	13.95	2.30	$12,974
Jan 1998	53	7,796	14.70	2.15	$17,578
Dec 1997	61	8,856	16.32	2.41	$22,348
Nov 1997	0	8,590	18.19	3.09	$26,528

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 2008 — as filed, then multipliedworked

Condensate             3 bbl  × $101.76 =       $305
Gas                    0 Mcf  × $  7.88 =         $0

────────────────────────────────────────────────────
Month total                                     $305

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. 7C/G/165684 is the state's own key, not one this site invented.