MCELROY RANCH 117

Name: MCELROY RANCH 117 lease production and value, Mar 2003 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by APACHE CORPORATION (P-5 27200) in the WILSHIRE (CONSOLIDATED) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 193794District 7CField 97834003Hydrogen sulphide field2 tax incentive programmesCondensateGasSave Export

Value, all time

$5.8 M

Mar 2003 – Mar 2016

Value, last 12 filed months

$66 k

at the published price for each month

Months reported

157

no gaps in the span

Streams

condensate, gas

The WILSHIRE (CONSOLIDATED) 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 125 leases and 128 wells, and the rule below applies to all of them.

Discovered

1995-02-28

as the register files it

Field class

Oil and gas

the register's own label

Between wells

330 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 2006-01-24.

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: “WELLS EFFECTIVE THE DATE OF THE INITIAL COMPLETION.”

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	2003-09-17	152872
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	15,088 bbl	$827,724
Gas	Production	837,794 Mcf	$4,962,111
Total			$5,789,835

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 31.4389, -102.1522. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.43893, -102.15217 · 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

12,020 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 12,020 ft.

Completions filed

Mar 2016

1 of 1 wells

1 well


42-46134354	19	12,020 ft	Mar 2016	—	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 (157)

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

157 months


Mar 2016	0	0	33.01	1.79	$0
Feb 2016	83	1,339	26.47	2.06	$4,960
Jan 2016	84	1,461	27.35	2.36	$5,752
Dec 2015	88	1,432	32.36	2.00	$5,714
Nov 2015	68	1,380	38.79	2.17	$5,629
Oct 2015	88	1,051	43.55	2.43	$6,383
Sep 2015	76	1,232	42.99	2.76	$6,666
Aug 2015	43	1,316	40.16	2.87	$5,507
Jul 2015	18	1,887	48.15	2.95	$6,424
Jun 2015	0	2,410	56.15	2.88	$6,948
May 2015	0	2,158	55.21	2.96	$6,378
Apr 2015	11	1,972	49.82	2.71	$5,885
Mar 2015	10	2,003	42.89	2.93	$6,307
Feb 2015	0	1,948	44.66	2.98	$5,798
Jan 2015	1	2,326	43.43	3.10	$7,256
Dec 2014	22	2,103	54.69	3.59	$8,756
Nov 2014	24	1,870	70.46	4.25	$9,642
Oct 2014	0	2,625	78.30	3.90	$10,240
Sep 2014	7	2,045	86.16	4.05	$8,876
Aug 2014	28	1,649	89.39	4.04	$9,157
Jul 2014	30	3,116	96.56	4.18	$15,920
Jun 2014	42	4,349	98.16	4.74	$24,723
May 2014	90	4,717	94.73	4.73	$30,821
Apr 2014	94	4,419	95.94	4.81	$30,270
Mar 2014	97	4,126	95.89	5.06	$30,166
Feb 2014	56	3,176	97.40	6.19	$25,120
Jan 2014	0	1,938	90.40	4.86	$9,420
Dec 2013	7	1,521	91.82	4.35	$7,266
Nov 2013	37	1,745	88.85	3.74	$9,811
Oct 2013	38	1,807	97.42	3.78	$10,531
Sep 2013	30	2,437	104.11	3.72	$12,183
Aug 2013	0	982	104.25	3.52	$3,459
Jul 2013	4	934	102.52	3.72	$3,882
Jun 2013	45	1,761	94.40	3.93	$11,175
May 2013	43	1,995	94.83	4.15	$12,355
Apr 2013	43	2,167	93.96	4.28	$13,321
Mar 2013	37	3,049	93.62	3.91	$15,394
Feb 2013	45	2,717	91.23	3.42	$13,397
Jan 2013	109	3,754	91.60	3.42	$22,823
Dec 2012	75	3,381	86.77	3.42	$18,071
Nov 2012	58	3,113	86.95	3.62	$16,328
Oct 2012	31	3,238	89.38	3.40	$13,779
Sep 2012	28	3,211	94.67	2.92	$12,022
Aug 2012	61	4,089	92.66	2.91	$17,544
Jul 2012	53	6,711	85.13	3.02	$24,784
Jun 2012	38	2,687	79.82	2.52	$9,802
May 2012	31	2,015	91.61	2.49	$7,854
Apr 2012	28	1,942	101.65	2.00	$6,724
Mar 2012	91	2,856	105.05	2.22	$15,906
Feb 2012	96	3,386	101.10	2.57	$18,408
Jan 2012	109	3,410	98.09	2.73	$20,015
Dec 2011	57	3,346	96.87	3.24	$16,362
Nov 2011	76	3,763	95.72	3.31	$19,735
Oct 2011	92	3,577	84.98	3.65	$20,869
Sep 2011	47	3,622	83.62	3.99	$18,367
Aug 2011	23	3,775	83.40	4.15	$17,582
Jul 2011	45	3,977	94.14	4.52	$22,201
Jun 2011	126	3,601	92.90	4.64	$28,414
May 2011	100	3,906	98.13	4.40	$27,018
Apr 2011	16	2,861	105.96	4.33	$14,093
Mar 2011	47	1,986	96.36	4.06	$12,587
Feb 2011	48	2,010	85.64	4.18	$12,512
Jan 2011	61	2,670	86.50	4.59	$17,529
Dec 2010	76	3,191	85.73	4.35	$20,389
Nov 2010	84	982	80.84	3.80	$10,518
Oct 2010	94	1,219	78.10	3.51	$11,619
Sep 2010	22	632	72.63	3.98	$4,113
Aug 2010	46	1,147	73.68	4.42	$8,458
Jul 2010	40	1,256	72.55	4.74	$8,851
Jun 2010	41	1,057	70.36	4.91	$8,075
May 2010	45	780	71.12	4.24	$6,504
Apr 2010	41	878	81.69	4.12	$6,969
Mar 2010	19	1,531	78.39	4.39	$8,208
Feb 2010	44	1,383	73.58	5.44	$10,764
Jan 2010	38	1,824	74.36	5.96	$13,704
Dec 2009	93	2,874	71.44	5.48	$22,404
Nov 2009	116	3,180	74.59	3.75	$20,582
Oct 2009	35	1,779	72.54	4.11	$9,851
Sep 2009	41	2,276	65.54	3.06	$9,663
Aug 2009	38	2,592	67.42	3.22	$10,904
Jul 2009	47	3,005	61.13	3.46	$13,284
Jun 2009	50	2,719	66.16	3.90	$13,899
May 2009	145	10,969	54.74	3.93	$50,999
Apr 2009	1	8,586	46.77	3.59	$30,849
Mar 2009	23	3,730	42.14	4.06	$16,109
Feb 2009	71	2,674	32.81	4.63	$14,718
Jan 2009	116	3,300	35.86	5.37	$21,884
Dec 2008	113	3,523	37.10	5.98	$25,250
Nov 2008	114	3,444	55.49	6.86	$29,953
Oct 2008	89	3,298	75.24	6.92	$29,525
Sep 2008	48	2,970	101.76	7.88	$28,279
Aug 2008	53	4,163	114.22	8.48	$41,368
Jul 2008	53	4,082	131.08	11.39	$53,439
Jun 2008	47	4,180	131.33	13.03	$60,649
May 2008	50	4,369	123.17	11.57	$56,727
Apr 2008	57	4,636	110.31	10.45	$54,756
Mar 2008	56	4,683	101.90	9.66	$50,963
Feb 2008	66	4,179	92.53	8.77	$42,759
Jan 2008	66	4,358	90.38	8.21	$41,726
Dec 2007	55	4,239	88.33	7.30	$35,811
Nov 2007	121	5,030	91.67	7.29	$47,769
Oct 2007	132	4,737	82.85	6.92	$43,726
Sep 2007	52	4,496	75.84	6.24	$32,017
Aug 2007	108	4,854	69.06	6.39	$38,466
Jul 2007	97	3,828	70.90	6.39	$31,330
Jun 2007	109	3,935	62.00	7.55	$36,461
May 2007	128	7,403	58.74	7.85	$65,605
Apr 2007	117	5,664	59.61	7.81	$51,183
Mar 2007	100	4,411	56.92	7.30	$37,901
Feb 2007	109	4,132	55.10	8.22	$39,954
Jan 2007	113	4,362	50.30	6.73	$35,026
Dec 2006	154	5,521	56.65	6.92	$46,921
Nov 2006	191	4,900	54.20	7.62	$47,678
Oct 2006	171	5,232	54.90	6.01	$40,852
Sep 2006	76	7,048	60.08	5.04	$40,068
Aug 2006	274	6,697	68.71	7.34	$67,982
Jul 2006	0	250	69.37	6.34	$1,586
Jun 2006	72	3,381	66.28	6.38	$26,356
May 2006	88	6,354	66.01	6.42	$46,633
Apr 2006	64	5,879	64.39	7.36	$47,393
Mar 2006	40	7,182	56.70	7.08	$53,138
Feb 2006	126	6,524	57.59	7.75	$57,825
Jan 2006	94	7,958	60.59	8.93	$76,787
Dec 2005	103	7,789	54.94	13.42	$110,151
Nov 2005	89	7,788	54.69	10.59	$87,330
Oct 2005	71	6,710	58.34	13.80	$96,712
Sep 2005	65	5,328	61.45	12.08	$68,351
Aug 2005	96	6,355	61.51	9.80	$68,164
Jul 2005	41	5,097	55.69	7.84	$42,262
Jun 2005	86	6,313	52.33	7.38	$51,097
May 2005	90	6,972	45.22	6.65	$50,442
Apr 2005	105	6,214	49.20	7.36	$50,904
Mar 2005	127	7,225	50.37	7.15	$58,091
Feb 2005	152	7,716	45.22	6.31	$55,576
Jan 2005	136	8,898	43.16	6.32	$62,125
Dec 2004	105	9,493	39.86	6.75	$68,273
Nov 2004	145	8,049	45.28	6.33	$57,519
Oct 2004	115	8,661	49.70	6.52	$62,143
Sep 2004	233	12,409	43.24	5.28	$75,643
Aug 2004	267	11,924	42.37	5.55	$77,499
Jul 2004	170	9,977	38.28	6.08	$67,209
Jun 2004	126	10,334	36.10	6.43	$71,027
May 2004	180	12,743	37.48	6.49	$89,507
Apr 2004	141	11,140	34.47	5.86	$70,124
Mar 2004	234	12,978	34.36	5.53	$79,810
Feb 2004	209	12,630	32.45	5.51	$76,369
Jan 2004	221	14,791	32.03	6.30	$100,257
Dec 2003	230	14,962	30.26	6.30	$101,245
Nov 2003	225	15,273	28.80	4.60	$76,662
Oct 2003	221	16,087	28.17	4.76	$82,794
Sep 2003	228	15,805	26.31	4.75	$81,062
Aug 2003	190	18,818	29.76	5.13	$102,185
Jul 2003	351	21,968	29.41	5.17	$123,916
Jun 2003	266	22,272	28.56	5.98	$140,849
May 2003	568	26,333	26.59	5.97	$172,382
Apr 2003	626	33,454	26.67	5.41	$197,591
Mar 2003	1,172	35,772	31.14	6.10	$254,564

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.

Feb 2016 — as filed, then multipliedworked

Condensate            83 bbl  × $ 26.47 =     $2,197
Gas                1,339 Mcf  × $  2.06 =     $2,763

────────────────────────────────────────────────────
Month total                                   $4,960

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/193794 is the state's own key, not one this site invented.