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Texas oil lease

Producing

MCELROY RANCH 129

McElroy Ranch 129 is an oil lease in Upton County, Texas, operated by Apache Corporation in the Spraberry (Trend Area) field.

5 wells

1,163bbl oil, last 12 months−41% vs prior year
RRC lease
7C-14468

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Where it sits

This county

Upton CountyUptonMidlandCraneGlasscockReaganEctorUpton County
Upton County
Gas, last 12 months
22,607 mcf
Oil in Jul 2026
0 bbl

Production by month

Oil output fell 41% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 41% over the last 12 monthsMonthly oil production and gas for MCELROY RANCH 129, Aug 2023 to Jul 2026. Oil output fell 41% over the last 12 months. 1,163 bbl in the 12 months through Jul 2026, against 1,965 bbl in the 12 months before.Last 12 months: 1,163 bblbbl per monthmcf per month002002,0004004,0006006,0008008,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 41% over the last 12 monthsMonthly oil production and gas for MCELROY RANCH 129, Aug 2023 to Jul 2026. Oil output fell 41% over the last 12 months. 1,163 bbl in the 12 months through Jul 2026, against 1,965 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002002,0004004,0006006,0008008,000Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

98% of the gas went to a processing plant in the last 12 months

Flaring peaked at 31.3% of the gas in Jan 2024.

  • Processing plant (3)
  • Flared (4)
98% of the gas went to a processing plant in the last 12 monthsShare of MCELROY RANCH 129 gas by disposition code each month, Aug 2023 to Jul 2026. 98% of the gas went to a processing plant in the last 12 months. Flaring peaked at 31.3% of the gas in Jan 2024.Share of the lease’s gas by disposition code, per month0%50%100%Flared 31.3%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
98% of the gas went to a processing plant in the last 12 monthsShare of MCELROY RANCH 129 gas by disposition code each month, Aug 2023 to Jul 2026. 98% of the gas went to a processing plant in the last 12 months. Flaring peaked at 31.3% of the gas in Jan 2024.Share of gas by disposition code0%50%100%Flared 31.3%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    98% · 24,942 mcf

  • Flared (4)

    2.0% · 501 mcf

2.0% of the gas flared in the last 12 months. 7 months above 3%.

5 wells on this lease

Wells on MCELROY RANCH 129
API numberWell no.Status
42-461-0193711-CActive
42-461-022579Active
42-461-3827627Shut-in
42-461-3895528Shut-in
42-461-389572AActive

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 gasBuys100Dec 1, 2010–
Apache CorporationCasinghead gasGathers100Dec 1, 2010–
Dks Transport LLCOilGathers100Jun 1, 2020Sep 1, 2021
Enterprise Crude Oil LLCOilGathers100Jul 1, 2012Jun 1, 2020

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

483.20 acres on the newest permit

The wells on this lease state different acreage

The permits state between 160 and 483.25 acres.

7 wells are listed on this lease

Permits for McElroy Ranch 129
API numberWell no.Acreson the permit
42-461-389572A483.20
42-461-3895528483.20
42-461-3827627483.25
42-461-0193711-C160
42-461-022579480
42-461-037833480
42-461-022557483

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 RANCH 129
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 202603000$80.46$2.89
Jun 2026124150146734$84.81$3.15
May 20261391253,1113,03378$102.13$2.94
Apr 202657551,3681,35810$100.32$2.77
Mar 202634371,2581,22434$91.38$3.04
Feb 2026971082,0862,02066$64.51$3.62
Jan 20261331482,1772,14136$60.04$7.72
Dec 20251331252,2472,21730$57.97$4.26
Nov 20252032032,6012,58516$60.06$3.79
Oct 20251311292,2582,24414$60.89$3.19
Sep 20251351382,4532,43221$63.96$2.97
Aug 202589762,5472,50740$64.86$2.91
Jul 202574802,8362,714122$68.39$3.20
Jun 20251001182,4192,38237$68.17$3.02
May 20251191262,4782,46018$62.17$3.12
Apr 20251391321,2771,24334$63.54$3.42
Mar 20251651502,1181,974144$68.24$4.12
Feb 20251331414,1624,050112$71.53$4.19
Jan 20252602695,0134,94568$75.74$4.13
Dec 2024204391000$70.12$3.01
Nov 20245473414,1444,1422$69.95$2.12
Oct 202474933,1733,1712$71.99$2.20
Sep 202484613,3653,31154$70.24$2.28
Aug 202466652,7352,71718$76.68$1.99
Jul 202471692,4922,385107$81.80$2.07
Jun 202451583,0042,98816$79.77$2.54
May 2024751183,0852,901184$80.02$2.12
Apr 20243773745,5755,5669$85.35$1.60
Mar 20241652376,5116,335176$81.28$1.49
Feb 20244103037,1166,947169$77.25$1.72
Jan 202446394,4473,0541,393$74.15$3.18
Dec 202382774,9834,92558$71.90$2.52
Nov 202387924,1024,05943$77.69$2.71
Oct 20231091203,7373,64790$85.64$2.98
Sep 20231121476,2446,18064$89.43$2.64
Aug 20231371057,0706,98486$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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Nearby

Spraberry (Trend Area) field

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