MCELROY, J. T. CONS
MCELROY, J. T. CONS is a Texas oil lease in Upton County, Railroad Commission district 7C, operated by Chevron U. S. A. Inc. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 135,340 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 $141K, with roughly $24K 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 49 barrels a month. Its strongest month on the record we hold was June 2019, at 573 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% 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, J. T. CONS
- Who operates MCELROY, J. T. CONS?
- MCELROY, J. T. CONS is operated by Chevron U. S. A. Inc., Railroad Commission of Texas operator number 148113.
- Where is MCELROY, J. T. CONS?
- MCELROY, J. T. CONS is a Texas oil lease in Upton County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 10801.
- Is MCELROY, J. T. CONS still producing?
- MCELROY, J. T. CONS is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MCELROY, J. T. CONS is August 2026.
- How much has MCELROY, J. T. CONS produced?
- MCELROY, J. T. CONS has reported 135,340 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is MCELROY, J. T. CONS worth?
- The remaining production from MCELROY, J. T. CONS is estimated to be worth about $141K in total as of 26 August 2026, within a range of $77K to $204K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MCELROY, J. T. CONS is a fraction of it. The estimate fits an Arps decline curve to the production MCELROY, J. T. CONS has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MCELROY, J. T. CONS is an estimate of value, not an offer and not an appraisal.
- How much income does MCELROY, J. T. CONS generate in a year?
- MCELROY, J. T. CONS is forecast to net about $24K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MCELROY, J. T. CONS receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Chevron U. S. A. Inc. |
|---|---|
| Field | Adamc (Devonian) |
| County | Upton County, Texas |
| RRC district | 7C |
| Lease number | 10801 |
| Wellbores | 1 |
| Reported production | 135,340 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $141K |
Where MCELROY, J. T. CONS 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.