MCELROY RANCH

Operated by SOUTHWEST ROYALTIES, INC. (P-5 806470) in the SPRABERRY (TREND AREA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 16427District 7CField 85279200OilCasinghead gasSaveExport
Value, all time
$39.9 M
Jun 2007 – May 2026
Value, last 12 filed months
$53 k
at the published price for each month
Months reported
228
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 7,461 leases and 22,481 wells, and the rule below applies to all of them.

Discovered
1904-12-31
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 2016-03-08.

The Commission's schedule remark for this field reads: AREA) 85279200.

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
OilDisposition355,322 bbl$29,345,850
Casinghead gasProduction2,386,138 Mcf$10,548,157
Total$39,894,007

Wells on this lease (2)

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 31.4257, -102.1882. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles.

31.42567, -102.18821 · 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 2 wells
With a plug date
0.0%
0 of 2 wells
Median depth
11,709 ft
2 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.
2100.0%

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

Between 10,820 and 12,598 ft, median 11,709 ft, over the 2 wells that filed a depth.

Completions filed
Jun 2007 – Jun 2008
2 of 2 wells

2 wells

42-46135753410,820 ftJun 2008
42-46134731312,598 ftJun 2007

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 (228)

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

228 months

May 20260934106.413.05$2,845
Apr 202617275798.932.87$19,188
Mar 2026200089.753.15$17,950
Feb 2026089663.503.75$3,360
Jan 202604259.138.00$336
Dec 2025013456.664.41$591
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 2025019362.743.08$594
Aug 202501,18563.933.01$3,572
Jul 2025022966.743.32$759
Jun 202501,18866.483.13$3,717
May 202543060.553.23$2,604
Apr 202589062.363.54$5,550
Mar 20250067.704.27$0
Feb 202510724370.884.34$8,639
Jan 2025351,03874.324.28$7,042
Dec 20240068.993.12$0
Nov 2024096869.052.20$2,128
Oct 202402,06271.372.28$4,704
Sep 2024037469.612.36$884
Aug 202401,84775.632.06$3,812
Jul 2024069079.932.15$1,481
Jun 202403,83578.082.63$10,101
May 20241691,98978.812.20$17,692
Apr 2024443,71184.451.66$9,873
Mar 20241764,54180.301.55$21,149
Feb 202404,48476.091.78$7,998
Jan 20241634,48673.023.30$26,696
Dec 202303,97671.262.61$10,380
Nov 20231342,10577.892.81$16,347
Oct 2023394,30485.443.09$16,620
Sep 20231806,87489.042.74$34,828
Aug 20231887,03480.522.67$33,939
Jul 20231814,88274.852.64$26,445
Jun 20232141,77568.962.26$18,766
May 20232324,92870.622.23$27,360
Apr 202306,37178.122.24$14,257
Mar 202306,23372.852.39$14,917
Feb 20232475,36875.112.47$31,788
Jan 20232406,92076.533.39$41,810
Dec 2022655,84076.415.73$38,424
Nov 20224071,57185.005.65$43,465
Oct 20221956,70087.185.86$56,287
Sep 2022485,66184.888.16$50,289
Aug 20225317,02194.529.13$114,272
Jul 20221135,237101.587.54$50,976
Jun 2022896,450115.097.98$61,696
May 202207,090109.378.43$59,790
Apr 2022716,578104.226.84$52,377
Mar 2022736,840108.885.08$42,671
Feb 20221805,68991.054.86$44,031
Jan 20222964,05281.844.54$42,611
Dec 20211737,61871.323.90$42,042
Nov 202106,43277.435.24$33,683
Oct 20212602,98679.795.71$37,807
Sep 2021344069.865.35$24,032
Aug 202102,34766.024.22$9,906
Jul 20211812,51370.783.98$22,818
Jun 20212176,05569.493.38$35,549
May 2021534,73263.483.02$17,644
Apr 20212406,37160.362.76$32,060
Mar 20212371,95561.302.72$19,840
Feb 2021313,46357.805.55$21,004
Jan 20212478,76750.412.81$37,089
Dec 20202358,37144.642.68$32,887
Nov 20203017,31238.772.71$31,460
Oct 2020217,34236.972.48$18,973
Sep 20202917,01937.091.99$24,768
Aug 20202455,35839.982.39$22,574
Jul 20202497,40438.371.83$23,067
Jun 20203065,54534.901.69$20,052
May 20201076,32116.921.81$13,281
Apr 20204258,67314.751.80$21,918
Mar 20202949,63730.341.86$26,808
Feb 2020737,57049.881.98$18,635
Jan 20203689,40557.252.09$40,769
Dec 20193508,76159.012.30$40,842
Nov 20194388,95255.302.75$48,846
Oct 20191418,07453.472.42$27,067
Sep 20193034,17155.052.66$27,764
Aug 20191687,35153.112.30$25,862
Jul 20191705,46956.272.46$23,020
Jun 20195498,22352.782.49$49,461
May 20191831,10558.482.74$13,730
Apr 20193076,41762.632.75$36,879
Mar 2019998,72756.803.06$32,346
Feb 20194909,04050.852.79$50,158
Jan 20191884,54346.033.23$23,319
Dec 20183894,58346.594.19$37,305
Nov 20181913,71452.934.24$25,847
Oct 20182034,86861.443.40$29,014
Sep 201802,64159.543.11$8,208
Aug 2018523,74559.403.07$14,573
Jul 20181084,93865.142.93$21,513
Jun 20181996,37360.183.08$31,585
May 201840212,91965.382.90$63,758
Apr 201857011,32863.842.90$69,249
Mar 201829712,86861.222.79$54,043
Feb 201875710,94361.782.77$77,037
Jan 20181,36210,35562.874.01$127,145
Dec 201723612,66357.272.92$50,511
Nov 20178510,99755.423.12$39,003
Oct 20173069,31549.292.98$42,876
Sep 201743612,51047.523.09$59,341
Aug 201748311,75845.373.00$57,239
Jul 20177110,24443.873.09$34,741
Jun 201733510,55542.493.09$46,820
May 20177910,32045.373.26$37,263
Apr 20173508,38247.933.21$43,695
Mar 201714811,47946.772.98$41,172
Feb 201750711,30250.452.95$58,948
Jan 20179009,07349.413.42$75,488
Dec 201642912,76348.763.72$68,433
Nov 201635111,56042.492.64$45,483
Oct 201644613,55446.193.09$62,486
Sep 201648710,98841.553.10$54,305
Aug 20161,03113,41641.442.92$81,958
Jul 201663013,26341.622.92$65,006
Jun 2016116,49345.352.69$17,938
May 2016408,30042.521.99$18,226
Apr 20169559,56636.561.99$53,961
Mar 201646210,75733.011.79$34,549
Feb 20163519,97026.472.06$29,865
Jan 20166011,23827.352.36$28,212
Dec 201525610,94832.362.00$30,196
Nov 201535511,40938.792.17$38,498
Oct 20155736,52943.552.43$40,797
Sep 20155528,77142.992.76$47,925
Aug 20151655,25040.162.87$21,707
Jul 201557910,77748.152.95$59,618
Jun 20154506,86056.152.88$45,044
May 201587712,06355.212.96$84,071
Apr 201524010,53149.822.71$40,460
Mar 201545911,75542.892.93$54,184
Feb 201524110,76344.662.98$42,796
Jan 201553911,67343.433.10$59,602
Dec 201465411,88554.693.59$78,451
Nov 201465611,29570.464.25$94,246
Oct 20144328,54978.303.90$67,175
Sep 201453012,35886.164.05$95,658
Aug 20145239,91789.394.04$86,767
Jul 201441113,31496.564.18$95,333
Jun 201435810,72398.164.74$85,935
May 20144218,95394.734.73$82,198
Apr 20145468,45695.944.81$93,049
Mar 201452414,52295.895.06$123,681
Feb 201472612,69397.406.19$149,307
Jan 201493413,77690.404.86$151,395
Dec 201324212,04091.824.35$74,648
Nov 201364413,68488.853.74$108,374
Oct 20137509,68997.423.78$109,683
Sep 201375911,572104.113.72$122,041
Aug 201365011,948104.253.52$109,851
Jul 20134907,122102.523.72$76,713
Jun 201365913,95694.403.93$117,104
May 20139828,80794.834.15$129,664
Apr 201379513,12593.964.28$130,907
Mar 201389716,03593.623.91$146,720
Feb 201396812,63891.233.42$131,531
Jan 20131,1697,27191.603.42$131,947
Dec 20121,14014,56786.773.42$148,739
Nov 201277313,55986.953.62$116,363
Oct 201249610,80889.383.40$81,076
Sep 201253313,31294.672.92$89,309
Aug 20121,09415,28892.662.91$145,830
Jul 20121,00414,43185.133.02$129,064
Jun 20121,48911,52979.822.52$147,894
May 20121,63719,44891.612.49$198,358
Apr 20121,05716,600101.652.00$140,591
Mar 20121,50613,836105.052.22$188,950
Feb 20121,7819,561101.102.57$204,633
Jan 20122,31515,33698.092.73$269,008
Dec 20111,34413,64396.873.24$174,393
Nov 20111,03414,03195.723.31$145,435
Oct 20111,33313,90784.983.65$164,019
Sep 20112,16620,23183.623.99$261,758
Aug 20111,78819,54783.404.15$230,226
Jul 20112,22619,51294.144.52$297,696
Jun 20112,16319,55392.904.64$291,666
May 20112,35016,25198.134.40$302,188
Apr 20117215,250105.964.33$99,147
Mar 20111,47813,70296.364.06$198,014
Feb 20111,2608,75185.644.18$144,485
Jan 20111,04413,89386.504.59$154,058
Dec 20109488,33485.734.35$117,506
Nov 20101,1607,76080.843.80$123,226
Oct 20102,32916,31778.103.51$239,149
Sep 20102,02810,42972.633.98$188,796
Aug 20102,38711,20673.684.42$225,398
Jul 20101,3289,48072.554.74$141,248
Jun 20101,48114,21970.364.91$174,024
May 20101,98019,03071.124.24$221,414
Apr 20102,52425,51481.694.12$311,372
Mar 20102,66225,67978.394.39$321,371
Feb 20102,79323,07173.585.44$331,070
Jan 20102,73623,20274.365.96$341,828
Dec 20091,76418,11971.445.48$225,380
Nov 20092,36026,75974.593.75$276,419
Oct 20092,20228,63472.544.11$277,426
Sep 20092,99129,80965.543.06$287,387
Aug 20093,43529,85567.423.22$327,676
Jul 20093,16831,98661.133.46$304,475
Jun 20094,24637,81766.163.90$428,213
May 20096,32735,33854.743.93$485,068
Apr 20096,77429,79046.773.59$423,692
Mar 20096,92126,44442.144.06$398,987
Feb 20093,90719,44232.814.63$218,263
Jan 20092,80914,03335.865.37$176,102
Dec 20083,69119,98137.105.98$256,365
Nov 20088,28330,27155.496.86$667,294
Oct 20086,09626,89375.246.92$644,816
Sep 200810,63431,559101.767.88$1,330,709
Aug 20085,94219,725114.228.48$846,023
Jul 200817,77242,403131.0811.39$2,812,500
Jun 20086,72919,575131.3313.03$1,138,833
May 20087,06520,922123.1711.57$1,112,353
Apr 200810,44928,977110.3110.45$1,455,580
Mar 200810,97720,070101.909.66$1,312,514
Feb 200811,90524,34592.538.77$1,315,089
Jan 200811,37520,22390.388.21$1,194,017
Dec 200713,31118,91888.337.30$1,313,899
Nov 200716,06718,04191.677.29$1,604,411
Oct 200719,86215,37482.856.92$1,751,985
Sep 200716,20011,22575.846.24$1,298,699
Aug 200716,85610,81369.066.39$1,233,148
Jul 20079,1867,18870.906.39$697,204
Jun 200707062.007.55$528

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.

May 2026 — as filed, then multipliedworked
Oil                    0 bbl  × $106.41 =         $0
Casinghead gas       934 Mcf  × $  3.05 =     $2,845

────────────────────────────────────────────────────
Month total                                   $2,845

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/16427 is the state's own key, not one this site invented.