NORTH MCELROY UNIT
NORTH MCELROY UNIT is a Texas oil lease in Crane County, Railroad Commission district 08, operated by Texaco E & P Inc. It has 1,177 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 31,862,926 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 $2.5M, with roughly $575K expected over the next twelve months.
| Operator | Texaco E & P Inc. |
|---|---|
| Field | Mcelroy |
| County | Crane County, Texas |
| RRC district | 08 |
| Lease number | 20377 |
| Wellbores | 1,177 |
| Reported production | 31,862,926 bbl |
| First reported | January 1993 |
| Last reported | August 2026 |
| Estimated royalty value | $2.5M |
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.