Texas oil lease · RRC district 08 · Lease 20723
ProducingMCRAE
McRae is an oil lease in Crane County, Texas, operated by Reformed Resources, LLC in the McElroy field. The Railroad Commission shows 234 bbl of oil in the 12 months through Jul 2026.
Oil lease dossier · 3 wells
- Operator
- Reformed Resources, LLC
- County
- Crane County
- Field
- McElroy
- RRC lease
- 08-20723
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Where it sits
This county
- Oil in Jul 2026
- 21 bbl
- Reporting to the state
- since Jan 2020
- Wells
- 3
- Data through
- Jul 2026
Production
Month by month, from the state record
Oil output rose 67% over the last 12 months
234 bbl in the 12 months through Jul 2026, against 140 bbl in the 12 months before.
- Oil (bars, left axis)
- Last 12 months
SourceTexas Railroad Commission Production Data Query, oil lease 20723, district 08. Reported through Jul 2026. The state revises recent months.
Gas disposition
Where the gas went
No gas disposition reported for this lease
Operator history
Who has run this lease
The operator changed 2 times, most recently in Nov 2025
If your statements skip or shrink around a change, ask the new operator's owner relations department whether the month is in suspense.
- Reformed Resources, LLC Nov 2025 to now
- Boaz Energy II Operating, LLC Sep 2020 to Oct 2025
- Baker Operating, Inc. Jan 2020 to Aug 2020
SourceTexas Railroad Commission Production Data Query, operator by month. Reported through Jul 2026.
Wells
3 wells on this lease
| API number | Well no. | Status | Total depthft |
|---|---|---|---|
| 42-103-11096 | 1 | Shut-in | – |
| 42-103-11109 | 2 | Shut-in | – |
| 42-103-11122 | 3 | Active | – |
SourceTexas Railroad Commission Wellbore Query, district 08, lease 20723.
Who buys and gathers
Who moves and buys this lease's production
Oil
Enterprise Crude Oil LLC gathers it.
100% of it, on the list since Feb 1, 2021
Companies that used to be listed: Hollyfrontier Ref & Mktg LLC (gathers it, until Feb 1, 2021).
SourceRailroad Commission of Texas, Form P-4 file, dated Sep 24, 2026 (source). A listed company is authorised to move or buy the production; the state does not say what it paid.
Unit and wells
What the drilling permits say
- Wells on the permits
- 33 not plugged
- Horizontal
- 0
- First completion
- Nov 13, 1967
- Latest permit
- –
| API number | Well no. | Permit issued | Completed | Acreson the permit |
|---|---|---|---|---|
| 42-103-11096 | 1 | – | Nov 13, 1967 | – |
| 42-103-11109 | 2 | – | Dec 2, 1967 | – |
| 42-103-11122 | 3 | – | Dec 31, 1967 | – |
Estimator
Estimate your royalty for this lease
Estimator
What could your check be?
Your decimal interest is the small number on your division order that says what share of the whole lease (8/8ths) is yours. Type it in and we apply it to what the state says MCRAE sold each month.
For example 0.00097656, or a fraction like 1/1024.
Dollars per barrel. Your statements show the gap your operator uses. Leave 0 to price oil at WTI.
Your estimate appears here
An estimate, not your check
Ledger
36 months, newest first
| Month | Oil producedbbl | Oil soldbbl | WTI$ per bbl | Henry Hub$ per MMBtu |
|---|---|---|---|---|
| Jul 2026Reformed Resources, | 21 | 0 | $80.46 | $2.89 |
| Jun 2026Reformed Resources, | 6 | 61 | $84.81 | $3.15 |
| May 2026Reformed Resources, | 30 | 0 | $102.13 | $2.94 |
| Apr 2026Reformed Resources, | 18 | 0 | $100.32 | $2.77 |
| Mar 2026Reformed Resources, | 19 | 61 | $91.38 | $3.04 |
| Feb 2026Reformed Resources, | 23 | 0 | $64.51 | $3.62 |
| Jan 2026Reformed Resources, | 19 | 0 | $60.04 | $7.72 |
| Dec 2025Reformed Resources, | 17 | 63 | $57.97 | $4.26 |
| Nov 2025Reformed Resources, | 18 | 0 | $60.06 | $3.79 |
| Oct 2025Boaz Energy | 24 | 0 | $60.89 | $3.19 |
| Sep 2025Boaz Energy | 23 | 62 | $63.96 | $2.97 |
| Aug 2025Boaz Energy | 16 | 0 | $64.86 | $2.91 |
| Jul 2025Boaz Energy | 11 | 0 | $68.39 | $3.20 |
| Jun 2025Boaz Energy | 14 | 0 | $68.17 | $3.02 |
| May 2025Boaz Energy | 13 | 0 | $62.17 | $3.12 |
| Apr 2025Boaz Energy | 11 | 59 | $63.54 | $3.42 |
| Mar 2025Boaz Energy | 16 | 0 | $68.24 | $4.12 |
| Feb 2025Boaz Energy | 12 | 0 | $71.53 | $4.19 |
| Jan 2025Boaz Energy | 9 | 0 | $75.74 | $4.13 |
| Dec 2024Boaz Energy | 11 | 0 | $70.12 | $3.01 |
| Nov 2024Boaz Energy | 11 | 48 | $69.95 | $2.12 |
| Oct 2024Boaz Energy | 9 | 0 | $71.99 | $2.20 |
| Sep 2024Boaz Energy | 10 | 0 | $70.24 | $2.28 |
| Aug 2024Boaz Energy | 13 | 0 | $76.68 | $1.99 |
| Jul 2024Boaz Energy | 14 | 50 | $81.80 | $2.07 |
| Jun 2024Boaz Energy | 5 | 0 | $79.77 | $2.54 |
| May 2024Boaz Energy | 13 | 0 | $80.02 | $2.12 |
| Apr 2024Boaz Energy | 12 | 0 | $85.35 | $1.60 |
| Mar 2024Boaz Energy | 10 | 0 | $81.28 | $1.49 |
| Feb 2024Boaz Energy | 13 | 50 | $77.25 | $1.72 |
| Jan 2024Boaz Energy | 9 | 0 | $74.15 | $3.18 |
| Dec 2023Boaz Energy | 12 | 0 | $71.90 | $2.52 |
| Nov 2023Boaz Energy | 14 | 0 | $77.69 | $2.71 |
| Oct 2023Boaz Energy | 9 | 53 | $85.64 | $2.98 |
| Sep 2023Boaz Energy | 12 | 0 | $89.43 | $2.64 |
| Aug 2023Boaz Energy | 8 | 0 | $81.39 | $2.58 |
No report filed More than 3% of gas flared
SourceVolumes: Texas Railroad Commission Production Data Query, reported through Jul 2026. Prices: EIA WTI Cushing spot and Henry Hub spot, monthly, through Aug 2026. “Gas sold” is gas sent to a transmission line (code 2) or a plant (code 3).
Check your statements
Do your checks match this lease?
Upload your statements for MCRAE. We compare volumes, prices, deductions and timing with the state record and give you the exact question to ask Reformed Resources, LLC.
- A month that was never paid
- Your share of the barrels and mcf
- The price against WTI and Henry Hub
- Fees taken on gas
- Late payment interest
Around this lease
Walk the neighborhood
This lease belongs to
Reformed Resources, LLC in Crane County
- UNIVERSITY
1,931 bbl last 12 months
- MCRAE -B-
400 bbl last 12 months
McElroy field
- MCELROY, J. T., CONS.
1,112,006 bbl last 12 months
- CRIER-MCELROY
467,169 bbl last 12 months
- NORTH MCELROY UNIT
409,127 bbl last 12 months
- MCCLINTIC UNIT
23,535 bbl last 12 months
- GOODBAR 89
13,058 bbl last 12 months
Leases within 10 km
Found by the location of their wells.
- MCRAE -B-
400 bbl last 12 months · 0.2 km away
- MCCLINTIC, C. A.
183 bbl last 12 months · 1.7 km away
- DAY
479 bbl last 12 months · 2 km away
- MCCLINTIC
183 bbl last 12 months · 2.1 km away
- MCELROY
35 bbl last 12 months · 2.7 km away
Drilling permits within 10 km
CANDI AND NUTS #1
new drill · WTG Exploration · Crane County · 5.8 km away
Permit 0915101 · Apr 24, 2026
UL WOLVERINE 22507 F 8-9-43 #06H
new drill · horizontal · Bta Oil Producers, LLC · Crane County · 9.3 km away
Permit 0914025 · Mar 13, 2026
UL WOLVERINE 22507 H 11-10-43 #08H
new drill · horizontal · Bta Oil Producers, LLC · Crane County · 9.3 km away
Permit 0913668 · Mar 11, 2026
UL WOLVERINE 22507 G 11-10-43 #07H
new drill · horizontal · Bta Oil Producers, LLC · Crane County · 9.3 km away
Permit 0913667 · Mar 11, 2026
UL CYCLOPS 22507 C 8-9-44 #03H
new drill · horizontal · Bta Oil Producers, LLC · Crane County · 9.2 km away
Permit 0913655 · Feb 26, 2026
How to read this page
Questions owners ask
What is a decimal interest?
It is your share of the whole lease, written as a decimal. A 1/4 royalty on 5 net acres in a 1,280-acre unit is 1/4 × 5 ÷ 1,280 = 0.00097656. Your division order states yours.
How do I use this page to check a royalty check?
Take the “Oil sold” volume for the month the check covers and multiply it by your decimal. The answer should match the barrels on your statement. If it does not, upload the statement and we will show where the two differ.
Why is the newest month Jul 2026?
The Railroad Commission publishes production two to three months after the fact and revises recent months. We re-pull the latest three months on every update.
Does this page show what my check should be?
No. It shows what the state recorded. Prices, fees and taxes depend on your lease and on what your operator gets for the oil and gas. The estimator gives a ceiling to compare against.
Sources and method
Where these numbers come from
- Production and disposition by month: Texas Railroad Commission Production Data Query, oil lease 20723, district 08, reported through Jul 2026.
- Wells: Texas Railroad Commission Wellbore Query.
- Prices: U.S. Energy Information Administration, WTI Cushing spot and Henry Hub spot, monthly.
- Page updated Sep 28, 2026.
We show the state’s numbers as filed. Where the state has no report for a month, we say so instead of guessing.