MCELROY RANCH CO. "M"

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

Oil lease lease 7101District 7CField 49415800NGPA filingOilCasinghead gasSaveExport
Value, all time
$5.2 M
Jan 1993 – May 2026
Value, last 12 filed months
$132 k
at the published price for each month
Months reported
401
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 6 wells, and the rule below applies to all of them.

Discovered
1977-01-20
as the register files it
Field class
Oil and gas
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.

ProgrammeFilingsWith an approval dateDatedDocket
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
OilDisposition39,697 bbl$2,609,883
Casinghead gasProduction610,792 Mcf$2,552,756
Total$5,162,639

61,735 Mcf of this lease's gas, across 44 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 (4)

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 31.3494, -102.1799. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.4 miles.

31.34940, -102.18006 · 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
50.0%
2 of 4 wells
With a plug date
25.0%
1 of 4 wells
Median depth
9,964 ft
4 wells filed one
Completion to plug
14.7 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
250.0%
A plug date is filed
125.0%
BothOn the schedule and plugged. Neither fact cancels the other.
125.0%
NeitherNo plug date, and not on the schedule.
250.0%

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 9,892 and 10,000 ft, median 9,964 ft, over the 4 wells that filed a depth.

Completions filed
Oct 1984 – Oct 2009
4 of 4 wells
Plug dates filed
Jun 2023
1 of 4 wells; 3 filed none

Last completion to plug: a median of 14.7 years across the 1 well that filed both dates, with the middle half between 14.7 years and 14.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

4 wells

42-461328142910,000 ftOct 2009
42-46130646139,950 ftOct 2008Jun 2023Yes
42-4613045499,978 ftDec 2006
42-46130580119,892 ftOct 1984Yes

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 (401)

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

401 months

May 2026106741106.413.05$13,536
Apr 20261021,31998.932.87$13,876
Mar 20261301,66189.753.15$16,899
Feb 2026661,69063.503.75$10,529
Jan 20261171,18059.138.00$16,356
Dec 20258375056.664.41$8,013
Nov 202527161658.593.93$18,297
Oct 202520313059.383.30$12,484
Sep 2025699562.743.08$4,621
Aug 202513134363.933.01$9,409
Jul 20258613966.743.32$6,200
Jun 2025297466.483.13$2,159
May 2025111460.553.23$711
Apr 202562062.363.54$3,866
Mar 202527067.704.27$1,828
Feb 202545070.884.34$3,190
Jan 202559074.324.28$4,385
Dec 202443068.993.12$2,967
Nov 202450069.052.20$3,453
Oct 20243912071.372.28$3,057
Sep 20244337869.612.36$3,887
Aug 20242380475.632.06$3,399
Jul 202436079.932.15$2,877
Jun 202420078.082.63$1,562
May 202452078.812.20$4,098
Apr 202451084.451.66$4,307
Mar 202489080.301.55$7,147
Feb 2024177076.091.78$13,468
Jan 202471073.023.30$5,184
Dec 202384071.262.61$5,986
Nov 202377077.892.81$5,998
Oct 202316085.443.09$1,367
Sep 20236089.042.74$534
Aug 20232519580.522.67$2,534
Jul 20237074.852.64$524
Jun 202314068.962.26$965
May 202318070.622.23$1,271
Apr 202344078.122.24$3,437
Mar 202337072.852.39$2,695
Feb 202342075.112.47$3,155
Jan 20231726876.533.39$13,394
Dec 202217937176.415.73$15,803
Nov 20227234485.005.65$8,062
Oct 202230740187.185.86$29,116
Sep 20221972,04484.888.16$33,408
Aug 20222171,49894.529.13$34,183
Jul 2022164756101.587.54$22,361
Jun 20221911,249115.097.98$31,946
May 2022651,805109.378.43$22,331
Apr 20223581,535104.226.84$47,806
Mar 202201,503108.885.08$7,630
Feb 2022741,41391.054.86$13,603
Jan 2022271,22881.844.54$7,782
Dec 202110362271.323.90$9,771
Nov 20212372777.435.24$5,588
Oct 2021991,90979.795.71$18,807
Sep 2021471,78269.865.35$12,819
Aug 20217912266.024.22$5,730
Jul 20219911870.783.98$7,477
Jun 2021717269.493.38$5,177
May 2021871,63363.483.02$10,451
Apr 2021582,30160.362.76$9,848
Mar 20211481,94061.302.72$14,343
Feb 2021801,91357.805.55$15,237
Jan 2021632,39150.412.81$9,895
Dec 2020763,36344.642.68$12,390
Nov 20201572,88138.772.71$13,885
Oct 2020731,37636.972.48$6,109
Sep 20201531,52037.091.99$8,701
Aug 2020411,61939.982.39$5,501
Jul 20201311,05838.371.83$6,957
Jun 202001,25134.901.69$2,115
May 20202402,40416.921.81$8,423
Apr 20201201,27714.751.80$4,074
Mar 20201833,99030.341.86$12,959
Feb 2020661,39149.881.98$6,047
Jan 202011260357.252.09$7,675
Dec 201917981559.012.30$12,441
Nov 201919969355.302.75$12,911
Oct 20191061,41153.472.42$9,080
Sep 20191211,11655.052.66$9,627
Aug 2019088653.112.30$2,042
Jul 201911793756.272.46$8,889
Jun 20191281,01352.782.49$9,279
May 20191291,96658.482.74$12,931
Apr 20191702,10562.632.75$16,437
Mar 2019881,31656.803.06$9,028
Feb 20195559950.852.79$4,469
Jan 20195331846.033.23$3,466
Dec 20182220946.594.19$1,900
Nov 20182910852.934.24$1,993
Oct 20181146661.443.40$7,228
Sep 201815081559.543.11$11,464
Aug 20183419159.403.07$2,605
Jul 20183067365.142.93$3,927
Jun 20182583160.183.08$4,061
May 2018391,08465.382.90$5,694
Apr 2018641,32463.842.90$7,926
Mar 20181141,18261.222.79$10,273
Feb 201815469361.782.77$11,431
Jan 2018911,18462.874.01$10,468
Dec 20171691,79257.272.92$14,914
Nov 2017871,86655.423.12$10,640
Oct 20172072,12849.292.98$16,552
Sep 2017752,11947.523.09$10,106
Aug 20171961,50445.373.00$13,411
Jul 20179456443.873.09$5,865
Jun 20175479742.493.09$4,755
May 20171802,01545.373.26$14,742
Apr 20172021,90847.933.21$15,810
Mar 20172011,78246.772.98$14,718
Feb 20171901,14050.452.95$12,951
Jan 20172631,44149.413.42$17,921
Dec 20162191,34048.763.72$15,667
Nov 2016991,36842.492.64$7,824
Oct 20161551,19746.193.09$10,858
Sep 20162631,36141.553.10$15,148
Aug 20161791,28841.442.92$11,184
Jul 20161841,42741.622.92$11,831
Jun 2016921,90245.352.69$9,281
May 2016681,75242.521.99$6,380
Apr 2016751,18136.561.99$5,093
Mar 20162252,79233.011.79$12,436
Feb 20161983,87726.472.06$13,242
Jan 20161104,57327.352.36$13,821
Dec 2015845,36332.362.00$13,452
Nov 2015613,62138.792.17$10,214
Oct 2015553,88043.552.43$11,810
Sep 2015833,59342.992.76$13,479
Aug 20151011,99840.162.87$9,795
Jul 20151854,04348.152.95$20,815
Jun 20151641,93756.152.88$14,793
May 20151251,64955.212.96$11,775
Apr 2015101,48449.822.71$4,515
Mar 2015282,76942.892.93$9,327
Feb 2015433,09344.662.98$11,126
Jan 2015562,69843.433.10$10,798
Dec 2014743,17354.693.59$15,442
Nov 2014842,46070.464.25$16,378
Oct 20141183,41278.303.90$22,549
Sep 201410581086.164.05$12,324
Aug 201413736589.394.04$13,719
Jul 20141042,60696.564.18$20,934
Jun 20141062,37998.164.74$21,674
May 201411469294.734.73$14,070
Apr 20146590195.944.81$10,569
Mar 201423886195.895.06$27,176
Feb 201424083497.406.19$28,540
Jan 20143551,90790.404.86$41,361
Dec 20132311,26391.824.35$26,710
Nov 20131752,51288.853.74$24,939
Oct 20132231,57697.423.78$27,681
Sep 20131372,401104.113.72$23,189
Aug 20131211,977104.253.52$19,578
Jul 20131262,776102.523.72$23,238
Jun 20131252,11494.403.93$20,115
May 20132122,54394.834.15$30,655
Apr 20132703,35893.964.28$39,750
Mar 20132543,26793.623.91$36,563
Feb 20132432,09991.233.42$29,347
Jan 20132983,23191.603.42$38,347
Dec 20122502,88386.773.42$31,553
Nov 20123351,90586.953.62$36,034
Oct 20122952,48389.383.40$34,809
Sep 20122212,03794.672.92$26,867
Aug 20122303,84692.662.91$32,497
Jul 20121893,64785.133.02$27,106
Jun 20121911,75679.822.52$19,669
May 20121193,50791.612.49$19,628
Apr 20121604,008101.652.00$24,267
Mar 20121433,251105.052.22$22,246
Feb 2012582,577101.102.57$12,487
Jan 20121242,61398.092.73$19,307
Dec 20111203,60696.873.24$23,307
Nov 20111513,37995.723.31$25,643
Oct 20112563,71684.983.65$35,313
Sep 20112034,15183.623.99$33,520
Aug 20111904,34483.404.15$33,871
Jul 20111684,43294.144.52$35,836
Jun 20111623,83192.904.64$32,825
May 20111744,35098.134.40$36,236
Apr 20112714,075105.964.33$46,373
Mar 20112863,61296.364.06$42,214
Feb 20113092,21685.644.18$35,726
Jan 20113383,03786.504.59$43,173
Dec 20103584,09785.734.35$48,504
Nov 20102523,75980.843.80$34,638
Oct 20101032,81678.103.51$17,925
Sep 2010592,41472.633.98$13,892
Aug 20101032,94373.684.42$20,595
Jul 20102493,79772.554.74$36,049
Jun 20101643,73870.364.91$29,894
May 20102843,45171.124.24$34,814
Apr 20102623,63381.694.12$36,381
Mar 20103325,00478.394.39$47,986
Feb 20103743,50773.585.44$46,605
Jan 20104703,73474.365.96$57,219
Dec 20093654,13671.445.48$48,756
Nov 20092623,94674.593.75$34,346
Oct 20091801,66272.544.11$19,888
Sep 20092661,69365.543.06$22,622
Aug 20092531,25767.423.22$21,103
Jul 20091911,39561.133.46$16,509
Jun 20092251,55266.163.90$20,931
May 20092281,63454.743.93$18,895
Apr 20092111,45946.773.59$15,103
Mar 20091461,34842.144.06$11,624
Feb 2009661,08332.814.63$7,183
Jan 20099640135.865.37$5,596
Dec 20081891,41637.105.98$15,476
Nov 20082432,02355.496.86$27,363
Oct 200810745775.246.92$11,214
Sep 200896515101.767.88$13,826
Aug 20083182,030114.228.48$53,542
Jul 20082792,329131.0811.39$63,097
Jun 20081973,000131.3313.03$64,970
May 20082481,966123.1711.57$53,301
Apr 20082442,883110.3110.45$57,057
Mar 20082432,840101.909.66$52,208
Feb 20081921,91292.538.77$34,535
Jan 20082312,04990.388.21$37,691
Dec 200719099188.337.30$24,019
Nov 20071991,05591.677.29$25,935
Oct 20071551,09882.856.92$20,442
Sep 20071911,16375.846.24$21,747
Aug 20072091,36769.066.39$23,166
Jul 20071561,36070.906.39$19,748
Jun 20072541,13262.007.55$24,293
May 20073911,40858.747.85$34,015
Apr 20070059.617.81$0
Mar 20071056.927.30$57
Feb 2007252,11755.108.22$18,771
Jan 2007252,67750.306.73$19,265
Dec 2006272,49156.656.92$18,763
Nov 2006263,09354.207.62$24,970
Oct 2006263,67954.906.01$23,552
Sep 2006283,58660.085.04$19,746
Aug 2006383,92068.717.34$31,383
Jul 2006404,04169.376.34$28,406
Jun 2006294,12166.286.38$28,230
May 2006223,87966.016.42$26,375
Apr 2006283,70964.397.36$29,103
Mar 2006271,22356.707.08$10,193
Feb 2006304557.597.75$2,077
Jan 2006513,36060.598.93$33,106
Dec 2005581,71254.9413.42$26,154
Nov 2005613,56554.6910.59$41,084
Oct 2005793,91458.3413.80$58,605
Sep 2005383,92161.4512.08$49,697
Aug 2005284,05861.519.80$41,478
Jul 2005314,43555.697.84$36,513
Jun 2005326,52852.337.38$49,858
May 2005387,01945.226.65$48,403
Apr 2005346,98149.207.36$53,056
Mar 2005406,82950.377.15$50,875
Feb 20053873245.226.31$6,339
Jan 20053980443.166.32$6,766
Dec 20043979139.866.75$6,895
Nov 20041060045.286.33$4,251
Oct 20042751349.706.52$4,684
Sep 20041543543.245.28$2,947
Aug 20042955642.375.55$4,315
Jul 20042762538.286.08$4,836
Jun 20042655636.106.43$4,515
May 20042758437.486.49$4,805
Apr 20042658334.475.86$4,312
Mar 20042860934.365.53$4,330
Feb 20042958532.455.51$4,164
Jan 20043460032.036.30$4,869
Dec 20033157130.266.30$4,536
Nov 20032551428.804.60$3,082
Oct 20032858028.174.76$3,549
Sep 20032355026.314.75$3,217
Aug 20032855029.765.13$3,655
Jul 20032758729.415.17$3,829
Jun 20032460128.565.98$4,281
May 20032657026.595.97$4,096
Apr 20032764126.675.41$4,186
Mar 20032667331.146.10$4,912
Feb 20032359633.487.93$5,494
Jan 20032836330.315.58$2,875
Dec 20022631426.914.85$2,224
Nov 20022735524.664.14$2,134
Oct 20023331726.464.23$2,214
Sep 20025541427.443.64$3,014
Aug 20025747225.963.16$2,973
Jul 20025433924.583.06$2,365
Jun 20028344223.733.34$3,445
May 20027044524.663.58$3,321
Apr 20023546323.653.51$2,454
Mar 20024650622.003.10$2,582
Feb 20022839218.222.38$1,441
Jan 20023138517.172.38$1,447
Dec 20013544016.932.36$1,633
Nov 20014441318.072.41$1,789
Oct 20012736119.782.53$1,447
Sep 20013360524.262.25$2,163
Aug 20012954224.873.05$2,376
Jul 20013257023.933.20$2,588
Jun 20012844624.563.82$2,393
May 20013052325.524.31$3,018
Apr 20012960524.685.34$3,944
Mar 20013163524.545.38$4,175
Feb 20012856727.755.77$4,047
Jan 20013061427.478.40$5,981
Dec 20002957426.889.12$6,016
Nov 20002859232.215.66$4,251
Oct 2000331,10731.235.15$6,727
Sep 20003582631.875.19$5,400
Aug 20005887429.644.54$5,688
Jul 20005176928.534.09$4,600
Jun 20004982729.304.40$5,072
May 20002969627.263.68$3,352
Apr 20002975224.513.12$3,054
Mar 20003578128.422.86$3,228
Feb 20005062527.622.73$3,085
Jan 20003741325.272.48$1,959
Dec 19996251424.282.42$2,751
Nov 19995561123.192.43$2,763
Oct 19995796120.982.80$3,890
Sep 19993353121.752.62$2,108
Aug 19992549119.262.88$1,893
Jul 19992850217.892.37$1,692
Jun 19993142815.942.36$1,505
May 19993043815.792.32$1,490
Apr 19992962515.102.21$1,818
Mar 19992651812.471.84$1,276
Feb 1999265979.981.82$1,345
Jan 19992849110.381.90$1,224
Dec 1998344789.201.77$1,160
Nov 19983245410.892.19$1,341
Oct 19983159712.421.97$1,561
Sep 19983069312.592.08$1,821
Aug 19982767811.301.91$1,598
Jul 19983082611.742.24$2,200
Jun 19982978011.242.24$2,071
May 19983161612.622.21$1,750
Apr 19983094713.042.51$2,764
Mar 1998291,15412.802.31$3,036
Feb 1998301,29813.952.30$3,403
Jan 1998161,42014.702.15$3,295
Dec 199711,02316.322.41$2,483
Nov 199781,07818.193.09$3,475
Oct 1997311,72019.253.15$6,014
Sep 1997291,90717.742.95$6,149
Aug 1997281,78217.862.55$5,053
Jul 1997321,53617.582.25$4,014
Jun 19972887017.242.26$2,446
May 199729118.972.31$552
Apr 199728117.882.08$503
Mar 1997302,01918.951.94$4,484
Feb 1997261,86820.492.21$4,653
Jan 1997312,59523.483.54$9,913
Dec 1996372,46223.32$863
Nov 1996481,65521.97$1,055
Oct 1996441,54523.31$1,026
Sep 1996591,06722.22$1,311
Aug 1996471,44520.26$952
Jul 19961231,74119.55$2,405
Jun 19962242,23718.73$4,196
May 1996241,17019.43$466
Apr 1996321,00721.51$688
Mar 19965894519.38$1,124
Feb 1996531,11516.98$900
Jan 1996591,20617.07$1,007
Dec 1995651,33717.19$1,117
Nov 1995601,34516.00$960
Oct 1995401,26015.43$617
Sep 19952798016.18$437
Aug 1995251,33215.92$398
Jul 1995233,19115.24$351
Jun 1995272,83516.41$443
May 1995441,91817.56$773
Apr 1995591,37817.73$1,046
Mar 1995961,47216.44$1,578
Feb 19957992716.58$1,310
Jan 19955593415.92$876
Dec 1994491,12115.03$736
Nov 1994531,25815.90$843
Oct 1994511,43515.58$795
Sep 1994581,74515.29$887
Aug 1994661,08216.13$1,065
Jul 1994661,30917.56$1,159
Jun 1994571,31117.09$974
May 1994591,14015.88$937
Apr 1994621,38114.14$877
Mar 1994642,23012.46$797
Feb 1994781,66412.50$975
Jan 19941161,01912.66$1,469
Dec 199312485312.33$1,529
Nov 1993701,26814.49$1,014
Oct 1993991,10915.85$1,569
Sep 1993841,19315.03$1,263
Aug 1993601,31215.66$940
Jul 1993571,17115.46$881
Jun 1993321,02916.79$537
May 19933560117.68$619
Apr 19930018.05$0
Mar 19930018.14$0
Feb 19930017.90$0
Jan 19930016.93$0

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                  106 bbl  × $106.41 =    $11,279
Casinghead gas       741 Mcf  × $  3.05 =     $2,257

────────────────────────────────────────────────────
Month total                                  $13,536

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/7101 is the state's own key, not one this site invented.