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 March 2023 to August 2026, totalling 267,084 thousand cubic feet. The lease is shut in. 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 $50K, with roughly $7K 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 231 thousand cubic feet a month. Its strongest month on the record we hold was April 2023, at 38,272 thousand cubic feet.
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 294830.
- Is MCELROY HEIRS still producing?
- MCELROY HEIRS is shut in. 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 267,084 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between March 2023 and August 2026, from 1 wellbore.
- How much is MCELROY HEIRS worth?
- The remaining production from MCELROY HEIRS is estimated to be worth about $50K in total as of 26 August 2026. 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 $7K 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 | 294830 |
| Wellbores | 1 |
| Reported production | 267,084 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $50K |
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.