MCELROY RANCH CO.

Operated by XTO ENERGY INC. (P-5 945936) 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 242352District 7CField 97834003Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$8.5 M
Jun 2008 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
216
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 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.

ProgrammeFilingsWith an approval dateDatedDocket
High Cost Gas112014-05-29210482
NGPA1none

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.

StreamBasisVolumeValue
CondensateDisposition31,360 bbl$2,346,738
GasProduction1,305,172 Mcf$6,177,986
Total$8,524,724

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 31.4083, -102.1516. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.40830, -102.15158 · 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
11,007 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 11,007 ft.

Completions filed
Jun 2008
1 of 1 wells

1 well

42-4613566015H11,007 ftJun 2008

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 (216)

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

216 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
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 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 202311268.962.26$96
May 202381,33770.622.23$3,543
Apr 202365278.122.24$5,082
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220194.529.13$9
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202201,098104.226.84$7,508
Mar 202202,931108.885.08$14,879
Feb 202203,11691.054.86$15,140
Jan 202203,29081.844.54$14,929
Dec 202103,42471.323.90$13,351
Nov 202102,01777.435.24$10,563
Oct 202102,67379.795.71$15,273
Sep 202102,57169.865.35$13,757
Aug 202102,76166.024.22$11,653
Jul 202102,94670.783.98$11,731
Jun 202102,71869.493.38$9,189
May 202102,24863.483.02$6,784
Apr 202102,30660.362.76$6,361
Mar 202102,94361.302.72$7,996
Feb 202102,14457.805.55$11,895
Jan 202103,12250.412.81$8,774
Dec 202002,68444.642.68$7,181
Nov 202003,36438.772.71$9,105
Oct 202003,47136.972.48$8,603
Sep 202002,03937.091.99$4,060
Aug 202002,76439.982.39$6,592
Jul 202004,06338.371.83$7,415
Jun 202001,41434.901.69$2,390
May 202051,62016.921.81$3,025
Apr 202071,90914.751.80$3,548
Mar 202043,47630.341.86$6,574
Feb 202002,34349.881.98$4,641
Jan 202001,88757.252.09$3,953
Dec 201903,92359.012.30$9,040
Nov 201904,77355.302.75$13,129
Oct 201906,96953.472.42$16,855
Sep 201906,15955.052.66$16,366
Aug 201906,12653.112.30$14,117
Jul 201907,31856.272.46$18,003
Jun 201907,20452.782.49$17,947
May 20194058.482.74$234
Apr 2019331,77562.632.75$6,949
Mar 2019191,17256.803.06$4,668
Feb 20190050.852.79$0
Jan 20194046.033.23$184
Dec 2018413,03346.594.19$14,605
Nov 2018872,51952.934.24$15,279
Oct 20181112,83561.443.40$16,453
Sep 2018753,75659.543.11$16,139
Aug 2018543,71459.403.07$14,597
Jul 2018703,57465.142.93$15,038
Jun 2018803,64060.183.08$16,014
May 2018704,10065.382.90$16,470
Apr 20181241263.842.90$7,951
Mar 20181524,63661.222.79$22,225
Feb 2018983,97361.782.77$17,044
Jan 20181174,41162.874.01$25,041
Dec 2017644,76057.272.92$17,572
Nov 2017273,74655.423.12$13,178
Oct 2017274,29649.292.98$14,149
Sep 2017212,82647.523.09$9,723
Aug 2017253,87745.373.00$12,782
Jul 2017323,75243.873.09$12,987
Jun 2017303,45342.493.09$11,935
May 2017293,63345.373.26$13,172
Apr 2017353,27247.933.21$12,186
Mar 20171523,93046.772.98$18,835
Feb 20171723,56650.452.95$19,206
Jan 20171233,83449.413.42$19,185
Dec 20161453,90548.763.72$21,608
Nov 2016453,40842.492.64$10,924
Oct 2016333,73346.193.09$13,060
Sep 2016343,52041.553.10$12,327
Aug 2016403,90241.442.92$13,068
Jul 20161133,93241.622.92$16,202
Jun 20161583,61945.352.69$16,885
May 20161243,87442.521.99$12,986
Apr 2016723,70036.561.99$9,999
Mar 2016613,72333.011.79$8,693
Feb 2016631926.472.06$1,707
Jan 20161983,61227.352.36$13,955
Dec 20152333,65832.362.00$14,861
Nov 2015783,60038.792.17$10,828
Oct 2015704,02043.552.43$12,803
Sep 20151014,22542.992.76$15,996
Aug 2015846,00340.162.87$20,617
Jul 2015744,06548.152.95$15,535
Jun 2015764,18556.152.88$16,332
May 2015554,43855.212.96$16,153
Apr 2015433,85449.822.71$12,573
Mar 2015842,00842.892.93$9,496
Feb 2015653,61244.662.98$13,653
Jan 20151954,09243.433.10$21,157
Dec 2014813,91754.693.59$18,497
Nov 2014714,58570.464.25$24,497
Oct 20141714,62878.303.90$31,443
Sep 20141574,92886.164.05$33,463
Aug 20141145,12789.394.04$30,879
Jul 2014985,82296.564.18$33,797
Jun 20141405,49798.164.74$39,781
May 20141105,85094.734.73$38,071
Apr 20141105,15195.944.81$35,325
Mar 20141236,08095.895.06$42,540
Feb 20141265,32297.406.19$45,226
Jan 20141736,28790.404.86$46,199
Dec 20131536,23891.824.35$41,212
Nov 20131556,80388.853.74$39,203
Oct 20131396,37597.423.78$37,635
Sep 20131156,474104.113.72$36,041
Aug 20131067,057104.253.52$35,910
Jul 20131167,225102.523.72$38,753
Jun 20131438,46194.403.93$46,780
May 20131587,89694.834.15$47,744
Apr 20131216,81993.964.28$40,572
Mar 20131586,93493.623.91$41,924
Feb 20131476,33591.233.42$35,076
Jan 20131907,53791.603.42$43,180
Dec 20121807,25186.773.42$40,418
Nov 20121846,90686.953.62$41,033
Oct 20121627,34889.383.40$39,460
Sep 20121587,28194.672.92$36,207
Aug 20122257,55492.662.91$42,817
Jul 20121547,64185.133.02$36,192
Jun 20121147,61179.822.52$28,272
May 20121407,52191.612.49$31,540
Apr 20121016,742101.652.00$23,729
Mar 20121307,623105.052.22$30,595
Feb 20121747,017101.102.57$35,627
Jan 20121577,00398.092.73$34,547
Dec 2011997,98596.873.24$35,459
Nov 201115710,21195.723.31$48,840
Oct 201113310,19084.983.65$48,481
Sep 201110810,59183.623.99$51,245
Aug 201112111,00083.404.15$55,734
Jul 201111911,66194.144.52$63,878
Jun 201112010,86692.904.64$61,565
May 20111399,97398.134.40$57,569
Apr 201113911,077105.964.33$62,728
Mar 201118211,74496.364.06$65,187
Feb 201115610,21685.644.18$56,063
Jan 201123610,41986.504.59$68,225
Dec 201024012,39885.734.35$74,479
Nov 201021112,85980.843.80$65,861
Oct 201020213,94778.103.51$64,715
Sep 20101187,95072.633.98$40,207
Aug 201014213,20373.684.42$68,811
Jul 201016014,13372.554.74$78,549
Jun 201016414,74170.364.91$83,923
May 201022515,54171.124.24$81,822
Apr 201029915,20781.694.12$87,119
Mar 201036815,98178.394.39$98,983
Feb 201033614,77173.585.44$105,112
Jan 201024616,64174.365.96$117,541
Dec 200920915,14971.445.48$98,004
Nov 200937217,38874.593.75$92,979
Oct 200949717,35872.544.11$107,398
Sep 200971520,40965.543.06$109,410
Aug 200985921,37967.423.22$126,722
Jul 20092,79422,30461.133.46$248,069
Jun 200968816,50666.163.90$109,809
May 200939915,99654.743.93$84,638
Apr 200949918,48146.773.59$89,639
Mar 200996924,09942.144.06$138,652
Feb 200995725,05332.814.63$147,470
Jan 200974624,01335.865.37$155,725
Dec 20081,14928,38837.105.98$212,307
Nov 200874330,89455.496.86$253,173
Oct 200888735,34475.246.92$311,388
Sep 200890226,898101.767.88$303,665
Aug 20082,15737,343114.228.48$563,154
Jul 20081,28443,474131.0811.39$663,451
Jun 200885042,577131.3313.03$666,521

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.

Jun 2023 — as filed, then multipliedworked
Condensate             1 bbl  × $ 68.96 =        $69
Gas                   12 Mcf  × $  2.26 =        $27

────────────────────────────────────────────────────
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. 7C/G/242352 is the state's own key, not one this site invented.