MCELROY-SWANN ALLOCATION
MCELROY-SWANN ALLOCATION is a Texas gas lease in Smith County, Railroad Commission district 06. It has 1 wellbore on file with the Commission. Reported production runs from September 2015 to August 2026, totalling 3,684,377 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 $685K, with roughly $206K 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 8,319 thousand cubic feet a month. Its strongest month on the record we hold was March 2017, at 95,611 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 17% 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-SWANN ALLOCATION
- Where is MCELROY-SWANN ALLOCATION?
- MCELROY-SWANN ALLOCATION is a Texas gas lease in Smith County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 279287.
- Is MCELROY-SWANN ALLOCATION still producing?
- MCELROY-SWANN ALLOCATION is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MCELROY-SWANN ALLOCATION is August 2026.
- How much has MCELROY-SWANN ALLOCATION produced?
- MCELROY-SWANN ALLOCATION has reported 3,684,377 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between September 2015 and August 2026, from 1 wellbore.
- How much is MCELROY-SWANN ALLOCATION worth?
- The remaining production from MCELROY-SWANN ALLOCATION is estimated to be worth about $685K in total as of 27 August 2026, within a range of $568K to $801K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MCELROY-SWANN ALLOCATION is a fraction of it. The estimate fits an Arps decline curve to the production MCELROY-SWANN ALLOCATION has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MCELROY-SWANN ALLOCATION is an estimate of value, not an offer and not an appraisal.
- How much income does MCELROY-SWANN ALLOCATION generate in a year?
- MCELROY-SWANN ALLOCATION is forecast to net about $206K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in MCELROY-SWANN ALLOCATION receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| County | Smith County, Texas |
|---|---|
| RRC district | 06 |
| Lease number | 279287 |
| Wellbores | 1 |
| Reported production | 3,684,377 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $685K |
Where MCELROY-SWANN ALLOCATION 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.