MC ELROY RANCH 132
MC ELROY RANCH 132 is a Texas oil lease in Upton County, Railroad Commission district 7C, operated by Apache Corporation. It has 3 wellbores on file with the Commission. Reported production runs from January 2012 to August 2026, totalling 54,334 barrels. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values the whole lease — a 100% undivided interest — at about $900K, with roughly $133K expected over the next twelve months. An individual royalty owner receives their own decimal interest times that figure. Over the last twelve months on file it averaged 63 barrels a month, about 21 per wellbore. Its strongest month on the record we hold was March 2019, at 699 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% of what they went on to produce, and that measured error is the range shown on the page rather than a confidence of our own devising.
Key facts about MC ELROY RANCH 132
- Who operates MC ELROY RANCH 132?
- MC ELROY RANCH 132 is operated by Apache Corporation, Railroad Commission of Texas operator number 027200.
- Where is MC ELROY RANCH 132?
- MC ELROY RANCH 132 is a Texas oil lease in Upton County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 17876.
- Is MC ELROY RANCH 132 still producing?
- MC ELROY RANCH 132 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MC ELROY RANCH 132 is August 2026.
- How much has MC ELROY RANCH 132 produced?
- MC ELROY RANCH 132 has reported 54,334 barrels of oil (bbl) to the Railroad Commission of Texas between January 2012 and August 2026, from 3 wellbores.
- How much is MC ELROY RANCH 132 worth?
- The remaining production from MC ELROY RANCH 132 is estimated to be worth about $900K in total as of 26 August 2026, within a range of $495K to $1.3M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MC ELROY RANCH 132 is a fraction of it. The estimate fits an Arps decline curve to the production MC ELROY RANCH 132 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MC ELROY RANCH 132 is an estimate of value, not an offer and not an appraisal.
- How much income does MC ELROY RANCH 132 generate in a year?
- MC ELROY RANCH 132 is forecast to net about $133K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MC ELROY RANCH 132 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Apache Corporation |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Upton County, Texas |
| RRC district | 7C |
| Lease number | 17876 |
| Wellbores | 3 |
| Reported production | 54,334 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $900K |
Where MC ELROY RANCH 132 sits
Source: Railroad Commission of Texas lease production records, complete through . Figures on this page were computed on .
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. How this estimate is calculated.