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MCELROY RANCH COMPANY 121

McElroy Ranch Company 121 is an oil lease in Upton County, Texas, operated by Scout Energy Management LLC in the Spraberry (Trend Area) field.

1 well

175bbl oil, last 12 months−46% vs prior year
RRC lease
7C-17957

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Where it sits

This county

Upton CountyUptonMidlandCraneGlasscockReaganEctorUpton County
Upton County
Gas, last 12 months
4,261 mcf
Oil in Jul 2026
0 bbl

Checks stopped on this lease?

  • Operator

    Operator changed: Scout Energy Management LLC took over from Chevron U. S. A. Inc. in Nov 2024.

  • Sales

    No sales reported for the last 4 months of state data (through Jul 2026).

SourceRailroad Commission production, P-5 and P-4 records, data through Jul 2026.

See why checks stop on this lease

Production by month

Oil output fell 46% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 46% over the last 12 monthsMonthly oil production and gas for MCELROY RANCH COMPANY 121, Aug 2023 to Jul 2026. Oil output fell 46% over the last 12 months. 175 bbl in the 12 months through Jul 2026, against 322 bbl in the 12 months before.Last 12 months: 175 bblbbl per monthmcf per month0025500501,000751,5001002,0001252,500Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 46% over the last 12 monthsMonthly oil production and gas for MCELROY RANCH COMPANY 121, Aug 2023 to Jul 2026. Oil output fell 46% over the last 12 months. 175 bbl in the 12 months through Jul 2026, against 322 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month0025500501,000751,5001002,0001252,500Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Since Aug 2025 the lease's gas goes to a transmission line instead of a processing plant

  • Processing plant (3)
  • Transmission line (2)
Since Aug 2025 the lease's gas goes to a transmission line instead of a processing plantShare of MCELROY RANCH COMPANY 121 gas by disposition code each month, Aug 2023 to Jul 2026. Since Aug 2025 the lease's gas goes to a transmission line instead of a processing plant.Share of the lease’s gas by disposition code, per month0%50%100%Aug 2025: plant to lineOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Aug 2025 the lease's gas goes to a transmission line instead of a processing plantShare of MCELROY RANCH COMPANY 121 gas by disposition code each month, Aug 2023 to Jul 2026. Since Aug 2025 the lease's gas goes to a transmission line instead of a processing plant.Share of gas by disposition code0%50%100%Aug 25: plant to lineJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    73% · 4,261 mcf

  • Processing plant (3)

    27% · 1,589 mcf

Who has run this lease

The operator changed once, most recently in Nov 2024

Operators of this lease over timeChevron U. S. A. Inc., Jan 2020 to Oct 2024; Scout Energy Management LLC, Nov 2024 to Jul 20262020202120222023202420252026Changed Nov 2024Chevron U. S. A. Inc.Jan 2020 to Oct 2024Scout Energy Management LLCNov 2024 to now
Operators of this lease over timeChevron U. S. A. Inc., Jan 2020 to Oct 2024; Scout Energy Management LLC, Nov 2024 to Jul 20262020202120222023202420252026Changed Nov 2024Chevron U. S. A. Inc.Jan 2020 to Oct 2024Scout Energy Management LLCNov 2024 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on MCELROY RANCH COMPANY 121
API numberWell no.Status
42-461-3344714Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Eastex Crude Company, LLCOilGathers50Jun 1, 2025–
Enterprise Crude Oil LLCOilGathers50Jun 1, 2025–
Targa Midstream Services LLCCasinghead gasBuys100Jun 1, 2011–
Targa Midstream Services LLCCasinghead gasGathers100Jun 1, 2011–
Eastex Crude Company, LLCOilGathers100Jun 1, 2024Jun 1, 2025
Eastex Crude Company, LLCOilGathers50Jan 1, 2023Jun 1, 2024
Knowles Transportation, LLCOilGathers50Jan 1, 2023Jun 1, 2024
Eastex Crude CompanyOilGathers100Jun 1, 2011Jan 1, 2023

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

40 acres on the newest permit

  • Worth asking

    A Rule 37 case is listed

    The RRC permit records list a Rule 37 case. This does not establish your royalty share. Ask for the permit and unit plat for your well.

Check your decimal on this lease
Permits for McElroy Ranch Company 121
API numberWell no.Acreson the permit
42-461-334471440

SourceRailroad Commission drilling permits, Oct 3, 2026 (source 1, source 2).

Estimate your royalty

36 months, newest first

Ledger for MCELROY RANCH COMPANY 121
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Scout Energy00000$80.46$2.89
Jun 2026Scout Energy17018180$84.81$3.15
May 2026Scout Energy2201001000$102.13$2.94
Apr 2026Scout Energy1004444440$100.32$2.77
Mar 2026Scout Energy155994940$91.38$3.04
Feb 2026Scout Energy2701801800$64.51$3.62
Jan 2026Scout Energy16214664660$60.04$7.72
Dec 2025Scout Energy1705465460$57.97$4.26
Nov 2025Scout Energy17111,1171,1170$60.06$3.79
Oct 2025Scout Energy2007667660$60.89$3.19
Sep 2025Scout Energy1204554550$63.96$2.97
Aug 2025Scout Energy2075750$64.86$2.91
Jul 2025Scout Energy09000$68.39$3.20
Jun 2025Scout Energy00000$68.17$3.02
May 2025Scout Energy031000$62.17$3.12
Apr 2025Scout Energy1246000$63.54$3.42
Mar 2025Scout Energy3919000$68.24$4.12
Feb 2025Scout Energy250000$71.53$4.19
Jan 2025Scout Energy952000$75.74$4.13
Dec 2024Scout Energy4671000$70.12$3.01
Nov 2024Scout Energy10268000$69.95$2.12
Oct 2024Chevron U.32201,5891,5890$71.99$2.20
Sep 2024Chevron U.28201,6221,6220$70.24$2.28
Aug 2024Chevron U.29408898890$76.68$1.99
Jul 2024Chevron U.31195335330$81.80$2.07
Jun 2024Chevron U.20186076070$79.77$2.54
May 2024Chevron U.28186786780$80.02$2.12
Apr 2024Chevron U.29275955950$85.35$1.60
Mar 2024Chevron U.24306576570$81.28$1.49
Feb 2024Chevron U.22225375370$77.25$1.72
Jan 2024Chevron U.46453503500$74.15$3.18
Dec 2023Chevron U.27135245240$71.90$2.52
Nov 2023Chevron U.25665995990$77.69$2.71
Oct 2023Chevron U.32285735730$85.64$2.98
Sep 2023Chevron U.43645775770$89.43$2.64
Aug 2023Chevron U.57325865860$81.39$2.58

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Oct 2, 2026.

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