MCELROY RANCH CO. -H-

Operated by DEVON ENERGY PRODUCTION CO, L.P. (P-5 216378) in the TEXEL (PENNSYLVANIAN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 2652District 7CField 89134750OilCasinghead gasSaveExport
Value, all time
$667 k
Jan 1993 – Mar 2012
Value, last 12 filed months
$0
at the published price for each month
Months reported
231
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 21 leases and 33 wells, and the rule below applies to all of them.

Discovered
1954-10-24
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,320 ft
minimum
From a lease line
600 ft
minimum

A drilling unit in this field needs at least 80 acres.

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
OilDisposition8,346 bbl$169,907
Casinghead gasProduction302,070 Mcf$497,299
Total$667,206

152,092 Mcf of this lease's gas, across 48 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 (6)

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 31.4808, -102.2658. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.9 miles.

31.47987, -102.26546 · 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%
6 of 6 wells
With a plug date
66.7%
4 of 6 wells
Median depth
11,622 ft
5 wells filed one
Completion to plug
35.3 years
median over 4 wells

What the state filed about each well

On the RRC proration schedule
6100.0%
A plug date is filed
466.7%
BothOn the schedule and plugged. Neither fact cancels the other.
466.7%
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

Between 11,021 and 12,505 ft, median 11,622 ft, over the 5 wells that filed a depth.

Completions filed
Dec 1955 – Jun 2018
5 of 6 wells; 1 filed none
Plug dates filed
Oct 1984 – Mar 2012
4 of 6 wells; 2 filed none

Last completion to plug: a median of 35.3 years across the 4 wells that filed both dates, with the middle half between 21.4 years and 50.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

6 wells

42-461100579Yes
42-461100658 U11,021 ftJun 2018Yes
42-461006933 C12,505 ftSep 1974Feb 1996Yes
42-461100707 U11,365 ftMay 1963Oct 1984Yes
42-461100016 U11,622 ftJan 1963Feb 2012Yes
42-461006955 U12,335 ftDec 1955Mar 2012Yes

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 (231)

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

231 months

Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
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 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
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 200344028.565.98$1,257
May 200301,60426.595.97$9,580
Apr 2003412,91726.675.41$16,867
Mar 20031614,12531.146.10$30,160
Feb 2003993,20533.487.93$28,717
Jan 2003172,73830.315.58$15,799
Dec 2002323,00726.914.85$15,456
Nov 2002971,90124.664.14$10,256
Oct 2002191,69726.464.23$7,680
Sep 2002521,53927.443.64$7,021
Aug 2002521,46325.963.16$5,979
Jul 2002411,96024.583.06$7,009
Jun 2002652,64623.733.34$10,375
May 2002811,75824.663.58$8,298
Apr 20021342,26023.653.51$11,107
Mar 20021452,37122.003.10$10,547
Feb 20021352,14418.222.38$7,553
Jan 20021542,40117.172.38$8,348
Dec 20011572,46916.932.36$8,496
Nov 20011362,42518.072.41$8,291
Oct 20011412,33619.782.53$8,696
Sep 20011532,52424.262.25$9,394
Aug 20011882,40824.873.05$12,028
Jul 20011141,49323.933.20$7,501
Jun 2001621,18524.563.82$6,054
May 2001831,53925.524.31$8,747
Apr 20011191,44024.685.34$10,620
Mar 20011121,15324.545.38$8,948
Feb 20011201,05727.755.77$9,426
Jan 20011211,12827.478.40$12,798
Dec 2000951,09726.889.12$12,561
Nov 2000921,40632.215.66$10,918
Oct 2000911,01631.235.15$8,070
Sep 2000801,49731.875.19$10,314
Aug 2000741,55429.644.54$9,250
Jul 2000551,56928.534.09$7,986
Jun 2000521,52329.304.40$8,221
May 2000621,64127.263.68$7,729
Apr 2000671,67424.513.12$6,858
Mar 2000871,83828.422.86$7,729
Feb 2000961,73527.622.73$7,382
Jan 2000631,58425.272.48$5,521
Dec 1999681,76224.282.42$5,922
Nov 1999671,78623.192.43$5,901
Oct 1999601,84420.982.80$6,429
Sep 1999531,79621.752.62$5,856
Aug 1999581,84819.262.88$6,431
Jul 1999611,81517.892.37$5,397
Jun 1999741,79415.942.36$5,417
May 1999471,69215.792.32$4,669
Apr 1999661,64815.102.21$4,635
Mar 1999661,81112.471.84$4,152
Feb 1999501,6059.981.82$3,417
Jan 1999661,90810.381.90$4,310
Dec 1998671,8349.201.77$3,869
Nov 1998291,91710.892.19$4,506
Oct 1998382,02412.421.97$4,458
Sep 1998322,01512.592.08$4,599
Aug 1998352,06111.301.91$4,327
Jul 1998341,98411.742.24$4,838
Jun 1998331,87111.242.24$4,557
May 1998391,92512.622.21$4,739
Apr 19982694313.042.51$2,702
Mar 1998302,49012.802.31$6,135
Feb 1998292,12113.952.30$5,281
Jan 1998312,55914.702.15$5,970
Dec 1997201,91616.322.41$4,946
Nov 1997171,69318.193.09$5,538
Oct 1997272,09419.253.15$7,115
Sep 1997342,24317.742.95$7,231
Aug 1997212,25517.862.55$6,136
Jul 1997312,42017.582.25$5,983
Jun 1997262,28017.242.26$5,595
May 1997292,31318.972.31$5,890
Apr 1997322,19317.882.08$5,140
Mar 1997322,30318.951.94$5,072
Feb 1997221,94820.492.21$4,748
Jan 1997452,24023.483.54$8,986
Dec 1996312,34023.32$723
Nov 1996392,16121.97$857
Oct 1996282,42623.31$653
Sep 1996352,53422.22$778
Aug 1996222,30220.26$446
Jul 1996332,78019.55$645
Jun 199602,49118.73$0
May 1996752,62919.43$1,457
Apr 199602,32621.51$0
Mar 19961192,29819.38$2,306
Feb 199602,40016.98$0
Jan 1996242,48717.07$410
Dec 1995372,74617.19$636
Nov 1995242,67116.00$384
Oct 1995202,45115.43$309
Sep 1995924,09916.18$1,489
Aug 199504,80715.92$0
Jul 199504,87215.24$0
Jun 1995554,46116.41$903
May 199504,89717.56$0
Apr 1995864,30717.73$1,525
Mar 199503,89016.44$0
Feb 1995963,23116.58$1,592
Jan 199503,34315.92$0
Dec 1994742,99515.03$1,112
Nov 1994512,77915.90$811
Oct 199403,33415.58$0
Sep 199403,59115.29$0
Aug 19941904,41216.13$3,065
Jul 1994374,65217.56$650
Jun 1994662,81117.09$1,128
May 1994383,89315.88$603
Apr 1994494,15414.14$693
Mar 1994333,24812.46$411
Feb 1994511,89712.50$638
Jan 1994952,71912.66$1,203
Dec 19931013,49612.33$1,245
Nov 19931553,48314.49$2,246
Oct 19931193,78915.85$1,886
Sep 19931393,47115.03$2,089
Aug 19931213,74115.66$1,895
Jul 19931003,84015.46$1,546
Jun 19931483,68816.79$2,485
May 1993983,52117.68$1,733
Apr 19931213,36818.05$2,184
Mar 1993872,57718.14$1,578
Feb 19931451,62217.90$2,596
Jan 19932286216.93$3,860

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 2003 — as filed, then multipliedworked
Oil                   44 bbl  × $ 28.56 =     $1,257
Casinghead gas         0 Mcf  × $  5.98 =         $0

────────────────────────────────────────────────────
Month total                                   $1,257

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/2652 is the state's own key, not one this site invented.