MCELROY RANCH
MCELROY RANCH is a Texas gas lease in Upton County, Railroad Commission district 7C, operated by Southwest Royalties, Inc. It has 1 wellbore on file with the Commission. Reported production runs from August 2001 to August 2026, totalling 603,967 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 $26K, with roughly $4K 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 65 thousand cubic feet a month. Its strongest month on the record we hold was October 2021, at 598 thousand cubic feet. 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 RANCH
- Who operates MCELROY RANCH?
- MCELROY RANCH is operated by Southwest Royalties, Inc., Railroad Commission of Texas operator number 806470.
- Where is MCELROY RANCH?
- MCELROY RANCH is a Texas gas lease in Upton County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 187392.
- Is MCELROY RANCH still producing?
- MCELROY RANCH is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MCELROY RANCH is August 2026.
- How much has MCELROY RANCH produced?
- MCELROY RANCH has reported 603,967 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between August 2001 and August 2026, from 1 wellbore.
- How much is MCELROY RANCH worth?
- The remaining production from MCELROY RANCH is estimated to be worth about $26K in total as of 26 August 2026, within a range of $14K to $38K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MCELROY RANCH is a fraction of it. The estimate fits an Arps decline curve to the production MCELROY RANCH has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MCELROY RANCH is an estimate of value, not an offer and not an appraisal.
- How much income does MCELROY RANCH generate in a year?
- MCELROY RANCH is forecast to net about $4K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MCELROY RANCH receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Southwest Royalties, Inc. |
|---|---|
| Field | Wilshire (Consolidated) |
| County | Upton County, Texas |
| RRC district | 7C |
| Lease number | 187392 |
| Wellbores | 1 |
| Reported production | 603,967 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $26K |
Where MCELROY RANCH 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.