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Texas oil lease

Producing

MCELROY 137

McElroy 137 is an oil lease in Upton County, Texas, operated by Apache Corporation in the Spraberry (Trend Area) field.

5 wells

4,516bbl oil, last 12 months−3% vs prior year
RRC lease
7C-18015

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Where it sits

This county

Upton CountyUptonMidlandCraneGlasscockReaganEctorUpton County
Upton County
Gas, last 12 months
54,811 mcf
Oil in Jul 2026
379 bbl

Production by month

Oil output fell 3% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 3% over the last 12 monthsMonthly oil production and gas for MCELROY 137, Aug 2023 to Jul 2026. Oil output fell 3% over the last 12 months. 4,516 bbl in the 12 months through Jul 2026, against 4,674 bbl in the 12 months before.Last 12 months: 4,516 bblbbl per monthmcf per month002502,0005004,0007506,0001,0008,0001,25010kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 3% over the last 12 monthsMonthly oil production and gas for MCELROY 137, Aug 2023 to Jul 2026. Oil output fell 3% over the last 12 months. 4,516 bbl in the 12 months through Jul 2026, against 4,674 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002502,0005004,0007506,0001,0008,0001,25010kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

99% of the gas went to a processing plant in the last 12 months

Flaring peaked at 28.6% of the gas in Jan 2024.

  • Processing plant (3)
  • Flared (4)
99% of the gas went to a processing plant in the last 12 monthsShare of MCELROY 137 gas by disposition code each month, Aug 2023 to Jul 2026. 99% of the gas went to a processing plant in the last 12 months. Flaring peaked at 28.6% of the gas in Jan 2024.Share of the lease’s gas by disposition code, per month0%50%100%Flared 28.6%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
99% of the gas went to a processing plant in the last 12 monthsShare of MCELROY 137 gas by disposition code each month, Aug 2023 to Jul 2026. 99% of the gas went to a processing plant in the last 12 months. Flaring peaked at 28.6% of the gas in Jan 2024.Share of gas by disposition code0%50%100%Flared 28.6%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    99% · 54,383 mcf

  • Flared (4)

    0.8% · 428 mcf

0.8% of the gas flared in the last 12 months. 3 months above 3%.

5 wells on this lease

Wells on MCELROY 137
API numberWell no.Status
42-461-378461Active
42-461-382483Active
42-461-382492Active
42-461-386454Shut-in
42-461-389465Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Mv Purchasing, LLCOilGathers100Sep 1, 2021–
Apache CorporationCasinghead gasBuys100Apr 4, 2012–
Apache CorporationCasinghead gasGathers100Apr 4, 2012–
Shell Trading (Us) CompanyOilGathers100Apr 4, 2012Sep 1, 2021

SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).

320 acres on the newest permit

Permits for McElroy 137
API numberWell no.Acreson the permit
42-461-389465320
42-461-386454320
42-461-382483320
42-461-382492320
42-461-378461320

SourceRailroad Commission drilling permits, Sep 26, 2026 (source 1, source 2).

What APA Corporation told investors it received

Apache Corporation is linked to APA Corporation (APA).
Realized prices reported by APA Corporation
QuarterOil$ per bblFiling
Q2 2026$98.24SEC filing
Q1 2026$78.69SEC filing
Q4 2025$61.03SEC filing
Q3 2025$67.43SEC filing
Q2 2025$65.58SEC filing
Q1 2025$73.73SEC filing

SourceAPA Corporation quarterly reports, SEC EDGAR, company-wide averages before hedging.

Estimate your royalty

36 months, newest first

Ledger for MCELROY 137
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20263792943,3963,36333$80.46$2.89
Jun 20263474105,0574,876181$84.81$3.15
May 20266486007,1137,03380$102.13$2.94
Apr 20263143173,5793,5736$100.32$2.77
Mar 20262222033,1363,04888$91.38$3.04
Feb 20264334484,7054,6969$64.51$3.62
Jan 20264374415,0945,0931$60.04$7.72
Dec 20253032665,1305,1291$57.97$4.26
Nov 20253623944,6284,6271$60.06$3.79
Oct 20253463464,1794,1781$60.89$3.19
Sep 20253794294,1664,1588$63.96$2.97
Aug 20253463504,6284,60919$64.86$2.91
Jul 20254444144,9244,9231$68.39$3.20
Jun 20253944614,7454,73015$68.17$3.02
May 20254603895,1675,1661$62.17$3.12
Apr 20252932694,1974,12770$63.54$3.42
Mar 20253143174,3134,186127$68.24$4.12
Feb 20253803524,5804,56218$71.53$4.19
Jan 20254294624,4664,43135$75.74$4.13
Dec 2024407472000$70.12$3.01
Nov 20243844175,3315,3301$69.95$2.12
Oct 20244614955,7885,7871$71.99$2.20
Sep 20243852875,8825,86220$70.24$2.28
Aug 20243234016,1876,1852$76.68$1.99
Jul 20245675675,9735,88885$81.80$2.07
Jun 20244354105,4085,218190$79.77$2.54
May 20244424644,5464,50739$80.02$2.12
Apr 20241,0581,0724,9494,9454$85.35$1.60
Mar 20245155215,7805,71763$81.28$1.49
Feb 20246566926,5446,400144$77.25$1.72
Jan 20243322793,6072,5741,033$74.15$3.18
Dec 20235815595,1955,1941$71.90$2.52
Nov 20236536156,6576,6561$77.69$2.71
Oct 20235546145,6395,61425$85.64$2.98
Sep 20235846996,3636,3612$89.43$2.64
Aug 20235924046,8906,8882$81.39$2.58

Flared above 3%

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Sep 28, 2026.

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