MCELROY RANCH CO. "M"

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

Operated by XTO ENERGY INC. (P-5 945936) in the KING MOUNTAIN (STRAWN 9150) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 10743District 7CField 49413915NGPA filingOilCasinghead gasSave Export

Value, all time

$5.3 M

Jan 1993 – May 2020

Value, last 12 filed months

$211

at the published price for each month

Months reported

329

no gaps in the span

Streams

oil, casinghead gas

The KING MOUNTAIN (STRAWN 9150) 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 2 leases and 2 wells, and the rule below applies to all of them.

Discovered

1984-04-13

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

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	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
Oil	Disposition	102,234 bbl	$3,812,636
Casinghead gas	Production	440,347 Mcf	$1,480,957
Total			$5,293,594

147,036 Mcf of this lease's gas, across 47 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 (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 31.3476, -102.1906. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.34758, -102.19059 · 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

10,100 ft

1 wells filed one

Completion to plug

6.0 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 10,100 ft.

Completions filed

Jul 2013

1 of 1 wells

Plug dates filed

Jul 2019

1 of 1 wells

Last completion to plug: a median of 6.0 years across the 1 well that filed both dates, with the middle half between 6.0 years and 6.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-46132086	20	10,100 ft	Jul 2013	Jul 2019	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 (329)

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

329 months


May 2020	0	0	16.92	1.81	$0
Apr 2020	0	0	14.75	1.80	$0
Mar 2020	0	0	30.34	1.86	$0
Feb 2020	0	0	49.88	1.98	$0
Jan 2020	0	0	57.25	2.09	$0
Dec 2019	0	0	59.01	2.30	$0
Nov 2019	0	0	55.30	2.75	$0
Oct 2019	0	0	53.47	2.42	$0
Sep 2019	0	0	55.05	2.66	$0
Aug 2019	0	0	53.11	2.30	$0
Jul 2019	0	0	56.27	2.46	$0
Jun 2019	4	0	52.78	2.49	$211
May 2019	0	0	58.48	2.74	$0
Apr 2019	0	0	62.63	2.75	$0
Mar 2019	0	0	56.80	3.06	$0
Feb 2019	0	0	50.85	2.79	$0
Jan 2019	0	0	46.03	3.23	$0
Dec 2018	0	0	46.59	4.19	$0
Nov 2018	1	0	52.93	4.24	$53
Oct 2018	2	0	61.44	3.40	$123
Sep 2018	11	0	59.54	3.11	$655
Aug 2018	15	0	59.40	3.07	$891
Jul 2018	50	0	65.14	2.93	$3,257
Jun 2018	199	137	60.18	3.08	$12,397
May 2018	236	229	65.38	2.90	$16,094
Apr 2018	93	290	63.84	2.90	$6,778
Mar 2018	42	380	61.22	2.79	$3,630
Feb 2018	47	168	61.78	2.77	$3,368
Jan 2018	30	104	62.87	4.01	$2,303
Dec 2017	134	0	57.27	2.92	$7,674
Nov 2017	23	3	55.42	3.12	$1,284
Oct 2017	35	74	49.29	2.98	$1,946
Sep 2017	76	10	47.52	3.09	$3,642
Aug 2017	584	186	45.37	3.00	$27,055
Jul 2017	547	151	43.87	3.09	$24,463
Jun 2017	310	184	42.49	3.09	$13,740
May 2017	564	138	45.37	3.26	$26,039
Apr 2017	389	106	47.93	3.21	$18,985
Mar 2017	321	386	46.77	2.98	$16,165
Feb 2017	285	88	50.45	2.95	$14,638
Jan 2017	309	46	49.41	3.42	$15,425
Dec 2016	320	73	48.76	3.72	$15,875
Nov 2016	194	96	42.49	2.64	$8,497
Oct 2016	293	86	46.19	3.09	$13,799
Sep 2016	401	141	41.55	3.10	$17,099
Aug 2016	341	582	41.44	2.92	$15,833
Jul 2016	357	84	41.62	2.92	$15,104
Jun 2016	370	21	45.35	2.69	$16,836
May 2016	366	22	42.52	1.99	$15,606
Apr 2016	387	75	36.56	1.99	$14,298
Mar 2016	288	512	33.01	1.79	$10,425
Feb 2016	13	0	26.47	2.06	$344
Jan 2016	24	0	27.35	2.36	$656
Dec 2015	88	0	32.36	2.00	$2,848
Nov 2015	262	29	38.79	2.17	$10,226
Oct 2015	423	297	43.55	2.43	$19,142
Sep 2015	483	183	42.99	2.76	$21,269
Aug 2015	323	97	40.16	2.87	$13,250
Jul 2015	231	115	48.15	2.95	$11,461
Jun 2015	224	357	56.15	2.88	$13,607
May 2015	352	652	55.21	2.96	$21,361
Apr 2015	125	116	49.82	2.71	$6,541
Mar 2015	310	118	42.89	2.93	$13,642
Feb 2015	202	541	44.66	2.98	$10,631
Jan 2015	174	133	43.43	3.10	$7,969
Dec 2014	184	183	54.69	3.59	$10,720
Nov 2014	246	115	70.46	4.25	$17,822
Oct 2014	334	146	78.30	3.90	$26,722
Sep 2014	139	121	86.16	4.05	$12,466
Aug 2014	48	27	89.39	4.04	$4,400
Jul 2014	42	149	96.56	4.18	$4,678
Jun 2014	46	392	98.16	4.74	$6,372
May 2014	45	209	94.73	4.73	$5,251
Apr 2014	18	430	95.94	4.81	$3,795
Mar 2014	12	252	95.89	5.06	$2,425
Feb 2014	0	0	97.40	6.19	$0
Jan 2014	1	0	90.40	4.86	$90
Dec 2013	5	0	91.82	4.35	$459
Nov 2013	16	260	88.85	3.74	$2,394
Oct 2013	47	215	97.42	3.78	$5,391
Sep 2013	32	385	104.11	3.72	$4,763
Aug 2013	91	241	104.25	3.52	$10,336
Jul 2013	149	286	102.52	3.72	$16,339
Jun 2013	146	817	94.40	3.93	$16,996
May 2013	200	935	94.83	4.15	$22,845
Apr 2013	208	1,328	93.96	4.28	$25,231
Mar 2013	185	1,274	93.62	3.91	$22,305
Feb 2013	161	472	91.23	3.42	$16,302
Jan 2013	191	463	91.60	3.42	$19,079
Dec 2012	164	262	86.77	3.42	$15,126
Nov 2012	231	274	86.95	3.62	$21,079
Oct 2012	211	428	89.38	3.40	$20,314
Sep 2012	163	470	94.67	2.92	$16,803
Aug 2012	204	593	92.66	2.91	$20,627
Jul 2012	154	534	85.13	3.02	$14,723
Jun 2012	142	398	79.82	2.52	$12,337
May 2012	92	658	91.61	2.49	$10,065
Apr 2012	140	619	101.65	2.00	$15,467
Mar 2012	214	361	105.05	2.22	$23,283
Feb 2012	133	443	101.10	2.57	$14,585
Jan 2012	435	404	98.09	2.73	$43,774
Dec 2011	458	696	96.87	3.24	$46,621
Nov 2011	189	611	95.72	3.31	$20,114
Oct 2011	237	741	84.98	3.65	$22,844
Sep 2011	218	673	83.62	3.99	$20,912
Aug 2011	174	1,203	83.40	4.15	$19,503
Jul 2011	155	657	94.14	4.52	$17,560
Jun 2011	176	194	92.90	4.64	$17,251
May 2011	171	250	98.13	4.40	$17,881
Apr 2011	222	521	105.96	4.33	$25,781
Mar 2011	208	484	96.36	4.06	$22,007
Feb 2011	165	303	85.64	4.18	$15,397
Jan 2011	180	210	86.50	4.59	$16,534
Dec 2010	186	129	85.73	4.35	$16,507
Nov 2010	185	154	80.84	3.80	$15,540
Oct 2010	212	185	78.10	3.51	$17,206
Sep 2010	170	373	72.63	3.98	$13,831
Aug 2010	227	365	73.68	4.42	$18,338
Jul 2010	229	350	72.55	4.74	$18,272
Jun 2010	110	534	70.36	4.91	$10,362
May 2010	181	255	71.12	4.24	$13,953
Apr 2010	170	260	81.69	4.12	$14,959
Mar 2010	42	831	78.39	4.39	$6,939
Feb 2010	71	502	73.58	5.44	$7,956
Jan 2010	197	711	74.36	5.96	$18,889
Dec 2009	205	812	71.44	5.48	$19,098
Nov 2009	251	849	74.59	3.75	$21,907
Oct 2009	158	570	72.54	4.11	$13,804
Sep 2009	296	164	65.54	3.06	$19,902
Aug 2009	285	95	67.42	3.22	$19,520
Jul 2009	231	543	61.13	3.46	$16,002
Jun 2009	326	524	66.16	3.90	$23,609
May 2009	341	1,156	54.74	3.93	$23,205
Apr 2009	256	832	46.77	3.59	$14,958
Mar 2009	314	750	42.14	4.06	$16,276
Feb 2009	153	242	32.81	4.63	$6,141
Jan 2009	187	1,175	35.86	5.37	$13,017
Dec 2008	337	687	37.10	5.98	$16,609
Nov 2008	476	493	55.49	6.86	$29,795
Oct 2008	371	938	75.24	6.92	$34,407
Sep 2008	436	572	101.76	7.88	$48,873
Aug 2008	200	691	114.22	8.48	$28,706
Jul 2008	116	544	131.08	11.39	$21,401
Jun 2008	139	673	131.33	13.03	$27,026
May 2008	255	1,956	123.17	11.57	$54,048
Apr 2008	271	2,169	110.31	10.45	$52,571
Mar 2008	274	2,045	101.90	9.66	$47,684
Feb 2008	203	1,995	92.53	8.77	$36,281
Jan 2008	234	1,878	90.38	8.21	$36,559
Dec 2007	213	1,152	88.33	7.30	$27,226
Nov 2007	226	1,164	91.67	7.29	$29,205
Oct 2007	198	1,139	82.85	6.92	$24,288
Sep 2007	286	966	75.84	6.24	$27,722
Aug 2007	304	1,004	69.06	6.39	$27,408
Jul 2007	221	921	70.90	6.39	$21,552
Jun 2007	295	463	62.00	7.55	$21,785
May 2007	345	646	58.74	7.85	$25,334
Apr 2007	302	1,053	59.61	7.81	$26,221
Mar 2007	309	1,020	56.92	7.30	$25,036
Feb 2007	292	793	55.10	8.22	$22,604
Jan 2007	245	1,298	50.30	6.73	$21,055
Dec 2006	289	2,490	56.65	6.92	$33,599
Nov 2006	198	400	54.20	7.62	$13,779
Oct 2006	185	112	54.90	6.01	$10,830
Sep 2006	313	1,038	60.08	5.04	$24,034
Aug 2006	726	4,884	68.71	7.34	$85,732
Jul 2006	509	6,547	69.37	6.34	$76,835
Jun 2006	546	6,489	66.28	6.38	$77,614
May 2006	434	5,676	66.01	6.42	$65,117
Apr 2006	571	5,151	64.39	7.36	$74,681
Mar 2006	497	5,525	56.70	7.08	$67,313
Feb 2006	496	5,336	57.59	7.75	$69,925
Jan 2006	653	2,326	60.59	8.93	$60,344
Dec 2005	721	1,940	54.94	13.42	$65,638
Nov 2005	693	2,130	54.69	10.59	$60,453
Oct 2005	401	1,872	58.34	13.80	$49,220
Sep 2005	210	1,777	61.45	12.08	$34,369
Aug 2005	274	2,780	61.51	9.80	$44,089
Jul 2005	242	2,348	55.69	7.84	$31,894
Jun 2005	315	2,749	52.33	7.38	$36,774
May 2005	379	2,210	45.22	6.65	$31,837
Apr 2005	340	2,409	49.20	7.36	$34,459
Mar 2005	397	2,238	50.37	7.15	$36,010
Feb 2005	386	1,590	45.22	6.31	$27,491
Jan 2005	403	1,664	43.16	6.32	$27,914
Dec 2004	391	1,980	39.86	6.75	$28,952
Nov 2004	95	1,433	45.28	6.33	$13,373
Oct 2004	272	1,163	49.70	6.52	$21,095
Sep 2004	155	1,145	43.24	5.28	$12,752
Aug 2004	291	1,421	42.37	5.55	$20,217
Jul 2004	273	1,397	38.28	6.08	$18,950
Jun 2004	260	1,124	36.10	6.43	$16,617
May 2004	271	1,409	37.48	6.49	$19,308
Apr 2004	292	1,329	34.47	5.86	$17,851
Mar 2004	590	1,320	34.36	5.53	$27,572
Feb 2004	301	1,266	32.45	5.51	$16,743
Jan 2004	15	18	32.03	6.30	$594
Dec 2003	72	311	30.26	6.30	$4,139
Nov 2003	163	1,100	28.80	4.60	$9,749
Oct 2003	230	1,776	28.17	4.76	$14,932
Sep 2003	188	1,877	26.31	4.75	$13,861
Aug 2003	226	2,052	29.76	5.13	$17,252
Jul 2003	220	2,048	29.41	5.17	$17,060
Jun 2003	193	1,846	28.56	5.98	$16,557
May 2003	201	1,518	26.59	5.97	$14,411
Apr 2003	194	2,375	26.67	5.41	$18,016
Mar 2003	190	2,555	31.14	6.10	$21,492
Feb 2003	202	2,256	33.48	7.93	$24,644
Jan 2003	269	2,254	30.31	5.58	$20,735
Dec 2002	258	1,761	26.91	4.85	$15,490
Nov 2002	258	1,717	24.66	4.14	$13,465
Oct 2002	239	1,562	26.46	4.23	$12,930
Sep 2002	291	710	27.44	3.64	$10,566
Aug 2002	430	929	25.96	3.16	$14,102
Jul 2002	297	831	24.58	3.06	$9,845
Jun 2002	310	571	23.73	3.34	$9,262
May 2002	296	662	24.66	3.58	$9,672
Apr 2002	228	604	23.65	3.51	$7,514
Mar 2002	303	700	22.00	3.10	$8,838
Feb 2002	272	548	18.22	2.38	$6,258
Jan 2002	281	568	17.17	2.38	$6,174
Dec 2001	275	557	16.93	2.36	$5,973
Nov 2001	306	507	18.07	2.41	$6,749
Oct 2001	314	495	19.78	2.53	$7,463
Sep 2001	305	567	24.26	2.25	$8,676
Aug 2001	271	615	24.87	3.05	$8,617
Jul 2001	307	606	23.93	3.20	$9,284
Jun 2001	287	588	24.56	3.82	$9,297
May 2001	323	89	25.52	4.31	$8,626
Apr 2001	293	602	24.68	5.34	$10,443
Mar 2001	306	665	24.54	5.38	$11,085
Feb 2001	250	1,095	27.75	5.77	$13,252
Jan 2001	305	795	27.47	8.40	$15,055
Dec 2000	286	709	26.88	9.12	$14,156
Nov 2000	322	1,061	32.21	5.66	$16,375
Oct 2000	251	753	31.23	5.15	$11,713
Sep 2000	226	1,758	31.87	5.19	$16,320
Aug 2000	252	1,732	29.64	4.54	$15,334
Jul 2000	224	2,115	28.53	4.09	$15,041
Jun 2000	309	2,105	29.30	4.40	$18,310
May 2000	231	1,709	27.26	3.68	$12,586
Apr 2000	252	1,638	24.51	3.12	$11,281
Mar 2000	242	1,099	28.42	2.86	$10,021
Feb 2000	247	1,072	27.62	2.73	$9,745
Jan 2000	265	1,010	25.27	2.48	$9,202
Dec 1999	271	1,505	24.28	2.42	$10,228
Nov 1999	54	627	23.19	2.43	$2,778
Oct 1999	236	3,500	20.98	2.80	$14,764
Sep 1999	373	3,137	21.75	2.62	$16,328
Aug 1999	361	3,465	19.26	2.88	$16,917
Jul 1999	414	3,573	17.89	2.37	$15,883
Jun 1999	247	1,985	15.94	2.36	$8,626
May 1999	187	2,128	15.79	2.32	$7,892
Apr 1999	317	3,722	15.10	2.21	$13,005
Mar 1999	316	3,701	12.47	1.84	$10,744
Feb 1999	308	3,366	9.98	1.82	$9,193
Jan 1999	332	2,577	10.38	1.90	$8,342
Dec 1998	343	2,553	9.20	1.77	$7,683
Nov 1998	316	1,579	10.89	2.19	$6,892
Oct 1998	314	1,291	12.42	1.97	$6,442
Sep 1998	305	1,038	12.59	2.08	$6,002
Aug 1998	316	1,115	11.30	1.91	$5,698
Jul 1998	434	1,532	11.74	2.24	$8,523
Jun 1998	186	1,080	11.24	2.24	$4,507
May 1998	362	2,059	12.62	2.21	$9,111
Apr 1998	345	1,641	13.04	2.51	$8,610
Mar 1998	350	1,954	12.80	2.31	$8,993
Feb 1998	363	2,114	13.95	2.30	$9,924
Jan 1998	389	1,749	14.70	2.15	$9,487
Dec 1997	441	1,344	16.32	2.41	$10,438
Nov 1997	442	1,661	18.19	3.09	$13,170
Oct 1997	431	1,789	19.25	3.15	$13,932
Sep 1997	462	2,363	17.74	2.95	$15,178
Aug 1997	483	2,701	17.86	2.55	$15,527
Jul 1997	471	3,183	17.58	2.25	$15,432
Jun 1997	378	2,614	17.24	2.26	$12,417
May 1997	530	3,270	18.97	2.31	$17,603
Apr 1997	464	14	17.88	2.08	$8,325
Mar 1997	505	3,482	18.95	1.94	$16,322
Feb 1997	502	2,632	20.49	2.21	$16,092
Jan 1997	419	5,190	23.48	3.54	$28,209
Dec 1996	438	5,748	23.32	—	$10,214
Nov 1996	428	4,726	21.97	—	$9,403
Oct 1996	504	3,909	23.31	—	$11,748
Sep 1996	501	3,241	22.22	—	$11,132
Aug 1996	405	3,885	20.26	—	$8,205
Jul 1996	288	3,461	19.55	—	$5,630
Jun 1996	710	3,611	18.73	—	$13,298
May 1996	489	2,230	19.43	—	$9,501
Apr 1996	491	1,400	21.51	—	$10,561
Mar 1996	647	3,579	19.38	—	$12,539
Feb 1996	310	3,936	16.98	—	$5,264
Jan 1996	316	4,070	17.07	—	$5,394
Dec 1995	373	5,437	17.19	—	$6,412
Nov 1995	399	5,427	16.00	—	$6,384
Oct 1995	482	4,673	15.43	—	$7,437
Sep 1995	646	4,366	16.18	—	$10,452
Aug 1995	688	2,636	15.92	—	$10,953
Jul 1995	629	1,448	15.24	—	$9,586
Jun 1995	446	855	16.41	—	$7,319
May 1995	303	655	17.56	—	$5,321
Apr 1995	701	1,740	17.73	—	$12,429
Mar 1995	1,089	1,670	16.44	—	$17,903
Feb 1995	836	1,539	16.58	—	$13,861
Jan 1995	920	1,558	15.92	—	$14,646
Dec 1994	993	1,782	15.03	—	$14,925
Nov 1994	1,067	2,364	15.90	—	$16,965
Oct 1994	1,146	3,175	15.58	—	$17,855
Sep 1994	971	2,974	15.29	—	$14,847
Aug 1994	846	2,932	16.13	—	$13,646
Jul 1994	782	2,625	17.56	—	$13,732
Jun 1994	568	1,760	17.09	—	$9,707
May 1994	725	3,048	15.88	—	$11,513
Apr 1994	742	2,633	14.14	—	$10,492
Mar 1994	915	2,562	12.46	—	$11,401
Feb 1994	652	2,016	12.50	—	$8,150
Jan 1994	730	2,689	12.66	—	$9,242
Dec 1993	698	4,459	12.33	—	$8,606
Nov 1993	718	4,750	14.49	—	$10,404
Oct 1993	894	9,331	15.85	—	$14,170
Sep 1993	843	7,030	15.03	—	$12,670
Aug 1993	889	2,860	15.66	—	$13,922
Jul 1993	974	1,361	15.46	—	$15,058
Jun 1993	652	1,439	16.79	—	$10,947
May 1993	687	2,711	17.68	—	$12,146
Apr 1993	1,477	2,693	18.05	—	$26,660
Mar 1993	1,518	2,588	18.14	—	$27,537
Feb 1993	1,123	1,454	17.90	—	$20,102
Jan 1993	3	0	16.93	—	$51

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 2019 — as filed, then multipliedworked

Oil                    4 bbl  × $ 52.78 =       $211
Casinghead gas         0 Mcf  × $  2.49 =         $0

────────────────────────────────────────────────────
Month total                                     $211

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/O/10743 is the state's own key, not one this site invented.