MCELROY RANCH CO. "M"

Operated by XTO ENERGY INC. (P-5 945936) in the KING MOUNTAIN, N.(STRAWN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 228663District 7CField 49415800CondensateGasSaveExport
Value, all time
$1.3 M
Feb 2007 – May 2026
Value, last 12 filed months
$3 k
at the published price for each month
Months reported
232
no gaps in the span
Streams
2
condensate, 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 3 leases and 6 wells, and the rule below applies to all of them.

Discovered
1977-01-20
as the register files it
Field class
Oil and gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

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
CondensateDisposition2,635 bbl$224,088
GasProduction214,156 Mcf$1,098,216
Total$1,322,303

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 31.3521, -102.1831. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.35211, -102.18311 · 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 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
9,892 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
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.
1100.0%

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 9,892 ft.

Completions filed
Oct 1984
1 of 1 wells

1 well

42-46130580119,892 ftOct 1984

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 (232)

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

232 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 202602163.503.75$79
Jan 20260059.138.00$0
Dec 202508356.664.41$366
Nov 2025057758.593.93$2,266
Oct 20250759.383.30$23
Sep 20250062.743.08$0
Aug 2025015763.933.01$473
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 202502370.884.34$100
Jan 20250074.324.28$0
Dec 202403568.993.12$109
Nov 202408969.052.20$196
Oct 2024010771.372.28$244
Sep 2024016069.612.36$378
Aug 2024011875.632.06$244
Jul 2024314879.932.15$557
Jun 2024014178.082.63$371
May 2024014778.812.20$323
Apr 2024015784.451.66$260
Mar 2024018080.301.55$278
Feb 2024015676.091.78$278
Jan 2024016973.023.30$557
Dec 2023017671.262.61$459
Nov 2023015977.892.81$446
Oct 2023014785.443.09$454
Sep 2023010389.042.74$282
Aug 2023012580.522.67$334
Jul 2023013174.852.64$346
Jun 2023013668.962.26$307
May 2023016970.622.23$376
Apr 2023017978.122.24$401
Mar 2023017372.852.39$414
Feb 2023014575.112.47$358
Jan 2023019576.533.39$661
Dec 2022021676.415.73$1,237
Nov 2022017785.005.65$999
Oct 2022017987.185.86$1,050
Sep 2022018984.888.16$1,543
Aug 2022015694.529.13$1,424
Jul 20220130101.587.54$980
Jun 20220136115.097.98$1,085
May 20220206109.378.43$1,737
Apr 2022022104.226.84$150
Mar 20220143108.885.08$726
Feb 2022017391.054.86$841
Jan 2022019081.844.54$862
Dec 2021022071.323.90$858
Nov 2021023177.435.24$1,210
Oct 2021018279.795.71$1,040
Sep 2021015969.865.35$851
Aug 2021019166.024.22$806
Jul 2021021170.783.98$840
Jun 2021013069.493.38$439
May 2021028363.483.02$854
Apr 202109860.362.76$270
Mar 2021018361.302.72$497
Feb 202109657.805.55$533
Jan 2021015550.412.81$436
Dec 2020015244.642.68$407
Nov 2020018238.772.71$493
Oct 2020020836.972.48$516
Sep 2020019237.091.99$382
Aug 2020016239.982.39$386
Jul 2020031538.371.83$575
Jun 2020028634.901.69$483
May 2020117616.921.81$336
Apr 2020023414.751.80$422
Mar 2020025630.341.86$475
Feb 2020021149.881.98$418
Jan 2020022157.252.09$463
Dec 2019023659.012.30$544
Nov 2019017455.302.75$479
Oct 2019026153.472.42$631
Sep 2019042655.052.66$1,132
Aug 2019042753.112.30$984
Jul 2019040156.272.46$986
Jun 2019026652.782.49$663
May 2019011858.482.74$323
Apr 2019016962.632.75$465
Mar 2019018556.803.06$566
Feb 2019015550.852.79$433
Jan 2019020046.033.23$646
Dec 2018011946.594.19$498
Nov 201801752.934.24$72
Oct 201807861.443.40$265
Sep 2018022859.543.11$709
Aug 2018024359.403.07$745
Jul 2018023665.142.93$692
Jun 2018027860.183.08$855
May 2018058065.382.90$1,682
Apr 2018037663.842.90$1,091
Mar 2018036361.222.79$1,012
Feb 2018028761.782.77$794
Jan 2018022762.874.01$910
Dec 2017026157.272.92$763
Nov 2017024055.423.12$748
Oct 2017028549.292.98$850
Sep 2017027647.523.09$852
Aug 2017027745.373.00$832
Jul 2017028843.873.09$889
Jun 2017026742.493.09$824
May 2017026545.373.26$865
Apr 2017025247.933.21$809
Mar 2017025746.772.98$767
Feb 2017024050.452.95$709
Jan 2017024749.413.42$844
Dec 2016025448.763.72$946
Nov 2016024442.492.64$645
Oct 2016026946.193.09$831
Sep 2016028941.553.10$896
Aug 2016030341.442.92$886
Jul 2016037041.622.92$1,082
Jun 2016046845.352.69$1,257
May 2016043342.521.99$862
Apr 2016048236.561.99$960
Mar 2016054433.011.79$976
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150642.992.76$17
Aug 20150040.162.87$0
Jul 20150548.152.95$15
Jun 201503556.152.88$101
May 2015023555.212.96$695
Apr 2015032549.822.71$880
Mar 2015018142.892.93$531
Feb 2015019044.662.98$565
Jan 2015025743.433.10$797
Dec 2014124354.693.59$927
Nov 2014019370.464.25$821
Oct 2014025078.303.90$975
Sep 2014019486.164.05$785
Aug 2014012889.394.04$517
Jul 2014033096.564.18$1,379
Jun 2014088498.164.74$4,187
May 201401,21294.734.73$5,729
Apr 201411,27695.944.81$6,232
Mar 201441,06795.895.06$5,779
Feb 20142639397.406.19$4,966
Jan 20146837890.404.86$7,985
Dec 20134220791.824.35$4,758
Nov 20133414088.853.74$3,544
Oct 20134173697.423.78$6,776
Sep 2013221,594104.113.72$8,217
Aug 2013251,641104.253.52$8,387
Jul 2013271,511102.523.72$8,386
Jun 2013261,70594.403.93$9,161
May 2013361,90694.834.15$11,322
Apr 2013381,67593.964.28$10,744
Mar 2013341,77593.623.91$10,128
Feb 2013291,24591.233.42$6,903
Jan 2013351,62691.603.42$8,767
Dec 2012301,83186.773.42$8,865
Nov 2012391,64386.953.62$9,347
Oct 2012371,88289.383.40$9,705
Sep 2012291,66194.672.92$7,593
Aug 20124151292.662.91$5,288
Jul 20123031585.133.02$3,505
Jun 20122861079.822.52$3,772
May 2012161,83991.612.49$6,042
Apr 2012201,918101.652.00$5,863
Mar 2012252,059105.052.22$7,202
Feb 2012161,979101.102.57$6,704
Jan 2012612,07098.092.73$11,643
Dec 2011702,89196.873.24$16,147
Nov 2011374,19495.723.31$17,429
Oct 2011414,26184.983.65$19,031
Sep 2011162,83383.623.99$12,630
Aug 20112363583.404.15$4,553
Jul 2011231,06294.144.52$6,963
Jun 2011251,48492.904.64$9,208
May 2011251,95798.134.40$11,073
Apr 2011342,011105.964.33$12,317
Mar 2011281,80196.364.06$10,005
Feb 2011221,30785.644.18$7,347
Jan 2011281,90386.504.59$11,154
Dec 2010402,08985.734.35$12,512
Nov 2010452,02380.843.80$11,316
Oct 2010312,06178.103.51$9,653
Sep 2010222,09272.633.98$9,923
Aug 2010262,28673.684.42$12,018
Jul 2010332,36872.554.74$13,610
Jun 2010262,48170.364.91$14,012
May 2010212,58371.124.24$12,433
Apr 2010162,46881.694.12$11,482
Mar 2010412,53478.394.39$14,335
Feb 2010512,29873.585.44$16,259
Jan 2010462,57774.365.96$18,790
Dec 2009242,37171.445.48$14,717
Nov 2009222,25774.593.75$10,108
Oct 2009282,61372.544.11$12,771
Sep 2009292,22265.543.06$8,711
Aug 2009282,13167.423.22$8,746
Jul 2009262,88961.133.46$11,598
Jun 2009282,63666.163.90$12,120
May 2009273,01854.743.93$13,326
Apr 2009252,69546.773.59$10,838
Mar 2009252,95642.144.06$13,052
Feb 2009292,45832.814.63$12,339
Jan 2009322,60535.865.37$15,139
Dec 2008222,13737.105.98$13,589
Nov 2008262,16255.496.86$16,275
Oct 2008272,26875.246.92$17,731
Sep 2008262,535101.767.88$22,614
Aug 2008272,918114.228.48$27,837
Jul 2008263,156131.0811.39$39,353
Jun 2008243,148131.3313.03$44,179
May 2008303,097123.1711.57$39,541
Apr 2008563,125110.3110.45$38,849
Mar 2008493,171101.909.66$35,638
Feb 2008343,17892.538.77$31,019
Jan 2008523,23890.388.21$31,270
Dec 2007473,04588.337.30$26,386
Nov 2007493,28491.677.29$28,438
Oct 2007273,70582.856.92$27,883
Sep 200713,73975.846.24$23,423
Aug 2007163,46369.066.39$23,226
Jul 2007223,59770.906.39$24,537
Jun 2007323,10862.007.55$25,445
May 2007343,05358.747.85$25,952
Apr 20072592459.617.81$8,702
Mar 2007251,36856.927.30$11,412
Feb 20070055.108.22$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.

Feb 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $ 63.50 =         $0
Gas                   21 Mcf  × $  3.75 =        $79

────────────────────────────────────────────────────
Month total                                      $79

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/228663 is the state's own key, not one this site invented.