MCELROY RANCH CO. "G"
MCELROY RANCH CO. "G" is a Texas oil lease in Upton County, Railroad Commission district 7C, operated by Ocean Energy, Inc. It has 3 wellbores on file with the Commission. Reported production runs from June 1998 to August 2026, totalling 69,593 barrels. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values a standard royalty share at about $9K, with roughly $2K expected over the next twelve months.
| Operator | Ocean Energy, Inc. |
|---|---|
| Field | Block 42 (Penn) |
| County | Upton County, Texas |
| RRC district | 7C |
| Lease number | 14802 |
| Wellbores | 3 |
| Reported production | 69,593 bbl |
| First reported | June 1998 |
| Last reported | August 2026 |
| Estimated royalty value | $9K |
Production figures are as reported to the Railroad Commission of Texas. The value shown is an estimate produced by fitting a decline curve to that reported history; it is not an offer or an appraisal.