MC ELROY RANCH 127 NE
MC ELROY RANCH 127 NE is a Texas oil lease in Upton County, Railroad Commission district 7C, operated by Apache Corporation. It has 3 wellbores on file with the Commission. Reported production runs from February 2012 to August 2026, totalling 191,622 barrels. 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 $635K, with roughly $102K 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 136 barrels a month, about 45 per wellbore. Its strongest month on the record we hold was January 2017, at 1,698 barrels. 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 MC ELROY RANCH 127 NE
- Who operates MC ELROY RANCH 127 NE?
- MC ELROY RANCH 127 NE is operated by Apache Corporation, Railroad Commission of Texas operator number 027200.
- Where is MC ELROY RANCH 127 NE?
- MC ELROY RANCH 127 NE is a Texas oil lease in Upton County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 17879.
- Is MC ELROY RANCH 127 NE still producing?
- MC ELROY RANCH 127 NE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MC ELROY RANCH 127 NE is August 2026.
- How much has MC ELROY RANCH 127 NE produced?
- MC ELROY RANCH 127 NE has reported 191,622 barrels of oil (bbl) to the Railroad Commission of Texas between February 2012 and August 2026, from 3 wellbores.
- How much is MC ELROY RANCH 127 NE worth?
- The remaining production from MC ELROY RANCH 127 NE is estimated to be worth about $635K in total as of 27 August 2026, within a range of $495K to $775K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MC ELROY RANCH 127 NE is a fraction of it. The estimate fits an Arps decline curve to the production MC ELROY RANCH 127 NE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MC ELROY RANCH 127 NE is an estimate of value, not an offer and not an appraisal.
- How much income does MC ELROY RANCH 127 NE generate in a year?
- MC ELROY RANCH 127 NE is forecast to net about $102K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in MC ELROY RANCH 127 NE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Apache Corporation |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Upton County, Texas |
| RRC district | 7C |
| Lease number | 17879 |
| Wellbores | 3 |
| Reported production | 191,622 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $635K |
Where MC ELROY RANCH 127 NE 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.