MCELROY RANCH CO. "M"

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

Oil lease lease 13543District 7CField 97773498OilCasinghead gasSaveExport
Value, all time
$684 k
Nov 1993 – Jul 2007
Value, last 12 filed months
$472 k
at the published price for each month
Months reported
165
no gaps in the span
Streams
2
oil, casinghead 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 3 wells, and the rule below applies to all of them.

Discovered
1956-11-14
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

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
OilDisposition11,526 bbl$343,739
Casinghead gasProduction136,667 Mcf$340,633
Total$684,372

55,162 Mcf of this lease's gas, across 21 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 31.3662, -102.1826. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.36623, -102.18263 · 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
100.0%
1 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
10,431 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 10,431 ft.

Completions filed
Nov 2006
1 of 1 wells

1 well

42-461320852210,431 ftNov 2006Yes

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 (165)

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

165 months

Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 2006129054.207.62$6,992
Oct 20061,38913,81454.906.01$159,331
Sep 20061,43614,85560.085.04$161,102
Aug 200688011,42468.717.34$144,316
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 20010024.563.82$0
May 20010025.524.31$0
Apr 20010024.685.34$0
Mar 20010024.545.38$0
Feb 20010027.755.77$0
Jan 20010027.478.40$0
Dec 20000026.889.12$0
Nov 20000032.215.66$0
Oct 20000031.235.15$0
Sep 20000031.875.19$0
Aug 20000029.644.54$0
Jul 20000028.534.09$0
Jun 20000029.304.40$0
May 20000027.263.68$0
Apr 20000024.513.12$0
Mar 20000028.422.86$0
Feb 20000027.622.73$0
Jan 20000025.272.48$0
Dec 19990024.282.42$0
Nov 19990023.192.43$0
Oct 19990020.982.80$0
Sep 19990021.752.62$0
Aug 19990019.262.88$0
Jul 19990017.892.37$0
Jun 19990015.942.36$0
May 19990015.792.32$0
Apr 19990015.102.21$0
Mar 19990012.471.84$0
Feb 1999009.981.82$0
Jan 19991010.381.90$10
Dec 19983419.201.77$315
Nov 1998322,44910.892.19$5,701
Oct 199812,00012.421.97$3,951
Sep 1998301,58812.592.08$3,685
Aug 1998271,53411.301.91$3,231
Jul 1998301,46811.742.24$3,637
Jun 1998291,54611.242.24$3,785
May 1998311,81212.622.21$4,389
Apr 1998301,72713.042.51$4,718
Mar 1998291,63312.802.31$4,143
Feb 1998131,28113.952.30$3,127
Jan 199801,35414.702.15$2,918
Dec 199721,40616.322.41$3,423
Nov 1997211,60418.193.09$5,336
Oct 1997311,91719.253.15$6,635
Sep 1997292,08417.742.95$6,672
Aug 1997272,27917.862.55$6,304
Jul 199732,57017.582.25$5,827
Jun 1997172,64717.242.26$6,268
May 1997293,07718.972.31$7,653
Apr 199728117.882.08$503
Mar 1997302,29718.951.94$5,023
Feb 1997261,59220.492.21$4,045
Jan 1997311,54523.483.54$6,197
Dec 1996302,00123.32$700
Nov 1996302,16821.97$659
Oct 1996312,70723.31$723
Sep 1996221,30422.22$489
Aug 1996161,28520.26$324
Jul 1996171,66619.55$332
Jun 1996641,37018.73$1,199
May 1996781,31619.43$1,516
Apr 19964972821.51$1,054
Mar 1996581,67519.38$1,124
Feb 1996521,43016.98$883
Jan 1996512217.07$85
Dec 1995573017.19$86
Nov 199517590316.00$2,800
Oct 19950015.43$0
Sep 19950016.18$0
Aug 19950015.92$0
Jul 19950015.24$0
Jun 19950016.41$0
May 19950017.56$0
Apr 19950017.73$0
Mar 19950016.44$0
Feb 19950016.58$0
Jan 19950015.92$0
Dec 19940015.03$0
Nov 19940015.90$0
Oct 19940015.58$0
Sep 19940015.29$0
Aug 199401,05616.13$0
Jul 199441,21517.56$70
Jun 19943316,31317.09$5,657
May 199467112,14915.88$10,655
Apr 19941422,46614.14$2,008
Mar 19940012.46$0
Feb 19940012.50$0
Jan 199442012.66$532
Dec 19931,2435,87412.33$15,326
Nov 19934,0666,68414.49$58,916

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.

Nov 2006 — as filed, then multipliedworked
Oil                  129 bbl  × $ 54.20 =     $6,992
Casinghead gas         0 Mcf  × $  7.62 =         $0

────────────────────────────────────────────────────
Month total                                   $6,992

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/13543 is the state's own key, not one this site invented.