MCELROY HEIRS
MCELROY HEIRS is a Texas gas lease in Harrison County, Railroad Commission district 06, operated by Rfe Operating, LLC. It has 1 wellbore on file with the Commission. Reported production runs from June 2020 to August 2026, totalling 28,663 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 $43K, with roughly $8K 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 217 thousand cubic feet a month. Its strongest month on the record we hold was September 2022, at 2,043 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 HEIRS
- Who operates MCELROY HEIRS?
- MCELROY HEIRS is operated by Rfe Operating, LLC, Railroad Commission of Texas operator number 704776.
- Where is MCELROY HEIRS?
- MCELROY HEIRS is a Texas gas lease in Harrison County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 292617.
- Is MCELROY HEIRS still producing?
- MCELROY HEIRS is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MCELROY HEIRS is August 2026.
- How much has MCELROY HEIRS produced?
- MCELROY HEIRS has reported 28,663 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between June 2020 and August 2026, from 1 wellbore.
- How much is MCELROY HEIRS worth?
- The remaining production from MCELROY HEIRS is estimated to be worth about $43K in total as of 26 August 2026, within a range of $34K to $53K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MCELROY HEIRS is a fraction of it. The estimate fits an Arps decline curve to the production MCELROY HEIRS has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MCELROY HEIRS is an estimate of value, not an offer and not an appraisal.
- How much income does MCELROY HEIRS generate in a year?
- MCELROY HEIRS is forecast to net about $8K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MCELROY HEIRS receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Rfe Operating, LLC |
|---|---|
| Field | Woodlawn (Cotton Valley) |
| County | Harrison County, Texas |
| RRC district | 06 |
| Lease number | 292617 |
| Wellbores | 1 |
| Reported production | 28,663 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $43K |
Where MCELROY HEIRS 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.