MCELROY-CHATHAM GAS UNIT
MCELROY-CHATHAM GAS UNIT is a Texas gas lease in Harrison County, Railroad Commission district 06, operated by Buffco Production Inc. It has 1 wellbore on file with the Commission. Reported production runs from October 2001 to August 2026, totalling 714,388 thousand cubic feet. 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 $153K, with roughly $26K 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 848 thousand cubic feet a month. Its strongest month on the record we hold was December 2017, at 1,896 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 22% 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 MCELROY-CHATHAM GAS UNIT
- Who operates MCELROY-CHATHAM GAS UNIT?
- MCELROY-CHATHAM GAS UNIT is operated by Buffco Production Inc., Railroad Commission of Texas operator number 106406.
- Where is MCELROY-CHATHAM GAS UNIT?
- MCELROY-CHATHAM GAS UNIT is a Texas gas lease in Harrison County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 186356.
- Is MCELROY-CHATHAM GAS UNIT still producing?
- MCELROY-CHATHAM GAS UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MCELROY-CHATHAM GAS UNIT is August 2026.
- How much has MCELROY-CHATHAM GAS UNIT produced?
- MCELROY-CHATHAM GAS UNIT has reported 714,388 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between October 2001 and August 2026, from 1 wellbore.
- How much is MCELROY-CHATHAM GAS UNIT worth?
- The remaining production from MCELROY-CHATHAM GAS UNIT is estimated to be worth about $153K in total as of 27 August 2026, within a range of $120K to $187K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MCELROY-CHATHAM GAS UNIT is a fraction of it. The estimate fits an Arps decline curve to the production MCELROY-CHATHAM GAS UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MCELROY-CHATHAM GAS UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does MCELROY-CHATHAM GAS UNIT generate in a year?
- MCELROY-CHATHAM GAS UNIT is forecast to net about $26K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in MCELROY-CHATHAM GAS UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Buffco Production Inc. |
|---|---|
| Field | Woodlawn (Cotton Valley) |
| County | Harrison County, Texas |
| RRC district | 06 |
| Lease number | 186356 |
| Wellbores | 1 |
| Reported production | 714,388 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $153K |
Where MCELROY-CHATHAM GAS UNIT 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.