MECOM, J. W.

Operated by PALEO OIL COMPANY LLC (P-5 635131) in the J. C. MARTIN (LOBO) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 140135District 04Field 449575002 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.3 M
Jan 1993 – May 2026
Value, last 12 filed months
$2 k
at the published price for each month
Months reported
401
no gaps in the span
Streams
2
condensate, gas

The Railroad Commission's own record for the field this lease produces from, including the spacing rule that governs how close together its wells may be drilled.

These are facts about the field, not about this lease. The field holds 207 leases and 207 wells, and the rule below applies to all of them.

Discovered
1977-03-01
as the register files it
Field class
Gas
the register's own label
Between wells
0 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2008-11-12.

The Commission's schedule remark for this field reads: ALLOCATION FORMULA TO REMAIN SUSPENDED.

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
High Cost Gas111992-03-20124922
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

What this lease produced, and what it was worth

Oil and condensate are valued on the volume the state records as disposed of; gas and casinghead gas on the volume produced. They are different columns of different files, and the difference is not cosmetic.

StreamBasisVolumeValue
CondensateDisposition8 bbl$96
GasProduction1,039,517 Mcf$1,301,837
Total$1,301,933

696,423 Mcf of this lease's gas, across 47 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

Wells on this lease (1)

Every wellbore the Railroad Commission records against this lease key, with the depth, the last completion and the plug date exactly as filed. A well with no plug date is not stated to be producing — the state files no such flag.

These wells centre on 27.1616, -99.3894. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.16162, -99.38943 · centre of the wells drawn, derived

What these wells add up to

Every figure below is counted over all of this lease's wells, not over the rows listed above. The Railroad Commission files two facts about a well's state — a plug date and a proration-schedule flag — and a well can carry both, so they are published as separate counts and never merged into a status.

On the schedule
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
9,800 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
1100.0%

A plug date is the date the Commission recorded the wellbore as sealed with cement and abandoned. It is the only end-of-life fact Texas files. There is no "active" flag on a well, so this page does not print one — a well with no plug date is not stated to be producing.

How deep they were drilled

The one well that filed a depth was drilled to 9,800 ft.

Completions filed
Jan 1999
1 of 1 wells

1 well

42-50532825659,800 ftJan 1999

The API number is the state's, prefixed 42 for Texas. A well is matched to this lease by the lease key the Commission files on the wellbore record, so a well that has moved between leases appears under each one it was filed against.

Every month this lease reported (401)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

401 months

May 2026012106.413.05$37
Apr 20260098.932.87$0
Mar 20260989.753.15$28
Feb 202602763.503.75$101
Jan 20260959.138.00$72
Dec 202502056.664.41$88
Nov 202502558.593.93$98
Oct 202507959.383.30$261
Sep 202502362.743.08$71
Aug 2025015563.933.01$467
Jul 2025012966.743.32$428
Jun 2025011066.483.13$344
May 202509360.553.23$301
Apr 2025011362.363.54$400
Mar 202506567.704.27$277
Feb 202505870.884.34$252
Jan 202508374.324.28$355
Dec 2024018668.993.12$581
Nov 2024020769.052.20$455
Oct 2024029171.372.28$664
Sep 2024037769.612.36$891
Aug 2024027175.632.06$559
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 202304774.852.64$124
Jun 2023014468.962.26$325
May 2023012870.622.23$285
Apr 2023013778.122.24$307
Mar 2023012772.852.39$304
Feb 202309375.112.47$229
Jan 2023015176.533.39$512
Dec 2022016076.415.73$917
Nov 2022012485.005.65$700
Oct 2022015787.185.86$921
Sep 2022012384.888.16$1,004
Aug 2022014894.529.13$1,351
Jul 20220145101.587.54$1,094
Jun 20220141115.097.98$1,125
May 20220156109.378.43$1,316
Apr 20220168104.226.84$1,149
Mar 20220203108.885.08$1,031
Feb 2022020091.054.86$972
Jan 2022018681.844.54$844
Dec 2021022571.323.90$877
Nov 2021026577.435.24$1,388
Oct 2021028279.795.71$1,611
Sep 2021022469.865.35$1,199
Aug 2021026866.024.22$1,131
Jul 2021028370.783.98$1,127
Jun 2021029369.493.38$991
May 2021052763.483.02$1,590
Apr 2021018960.362.76$521
Mar 2021028361.302.72$769
Feb 2021030057.805.55$1,664
Jan 2021039650.412.81$1,113
Dec 2020023044.642.68$615
Nov 2020025638.772.71$693
Oct 2020027236.972.48$674
Sep 2020025837.091.99$514
Aug 2020029239.982.39$696
Jul 2020026138.371.83$476
Jun 2020028534.901.69$482
May 2020031616.921.81$573
Apr 2020023114.751.80$417
Mar 2020025930.341.86$481
Feb 2020022449.881.98$444
Jan 2020022757.252.09$476
Dec 2019024759.012.30$569
Nov 2019021555.302.75$591
Oct 2019021353.472.42$515
Sep 2019019355.052.66$513
Aug 2019036353.112.30$836
Jul 2019022356.272.46$549
Jun 2019019752.782.49$491
May 2019021958.482.74$600
Apr 2019021262.632.75$583
Mar 2019021656.803.06$661
Feb 2019017350.852.79$483
Jan 2019021246.033.23$684
Dec 2018019746.594.19$825
Nov 2018020752.934.24$877
Oct 2018019861.443.40$673
Sep 2018022159.543.11$687
Aug 2018024559.403.07$751
Jul 2018023565.142.93$689
Jun 2018020460.183.08$628
May 2018022265.382.90$644
Apr 2018020963.842.90$606
Mar 2018018461.222.79$513
Feb 2018019161.782.77$528
Jan 2018017162.874.01$686
Dec 2017022157.272.92$646
Nov 2017019955.423.12$621
Oct 2017026049.292.98$776
Sep 2017022147.523.09$682
Aug 2017012445.373.00$373
Jul 2017012643.873.09$389
Jun 2017015342.493.09$472
May 2017019745.373.26$643
Apr 2017020747.933.21$665
Mar 201708246.772.98$245
Feb 2017020550.452.95$605
Jan 2017020349.413.42$694
Dec 2016022148.763.72$823
Nov 2016022242.492.64$587
Oct 2016022546.193.09$695
Sep 2016022941.553.10$710
Aug 2016025541.442.92$746
Jul 2016023841.622.92$696
Jun 2016025045.352.69$671
May 2016015442.521.99$307
Apr 2016016136.561.99$321
Mar 2016012933.011.79$231
Feb 2016023526.472.06$485
Jan 2016018927.352.36$447
Dec 2015023332.362.00$466
Nov 2015021338.792.17$462
Oct 2015016843.552.43$408
Sep 2015018542.992.76$510
Aug 2015027940.162.87$801
Jul 2015027148.152.95$798
Jun 2015032656.152.88$940
May 2015025955.212.96$765
Apr 2015018849.822.71$509
Mar 2015014142.892.93$414
Feb 2015012044.662.98$357
Jan 2015013243.433.10$409
Dec 2014023054.693.59$826
Nov 2014020670.464.25$876
Oct 2014019078.303.90$741
Sep 2014019986.164.05$805
Aug 2014023789.394.04$956
Jul 2014022896.564.18$953
Jun 2014025898.164.74$1,222
May 2014028394.734.73$1,338
Apr 2014024195.944.81$1,159
Mar 2014030695.895.06$1,547
Feb 2014025997.406.19$1,604
Jan 2014028390.404.86$1,376
Dec 2013030991.824.35$1,346
Nov 20130088.853.74$0
Oct 2013032597.423.78$1,228
Sep 20130378104.113.72$1,405
Aug 20130173104.253.52$609
Jul 2013022102.523.72$82
Jun 2013018594.403.93$728
May 2013031794.834.15$1,315
Apr 2013023393.964.28$998
Mar 2013022793.623.91$888
Feb 2013027991.233.42$954
Jan 2013020491.603.42$698
Dec 2012020786.773.42$708
Nov 2012025186.953.62$910
Oct 2012024689.383.40$836
Sep 2012027894.672.92$811
Aug 2012027692.662.91$803
Jul 2012032085.133.02$967
Jun 2012033079.822.52$831
May 2012034391.612.49$853
Apr 20120177101.652.00$353
Mar 2012094105.052.22$209
Feb 20120333101.102.57$856
Jan 2012029898.092.73$815
Dec 2011034696.873.24$1,121
Nov 2011040295.723.31$1,331
Oct 2011056784.983.65$2,069
Sep 2011041283.623.99$1,642
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 201009174.365.96$543
Dec 2009016771.445.48$916
Nov 2009022674.593.75$848
Oct 2009019572.544.11$802
Sep 2009020265.543.06$619
Aug 2009030067.423.22$966
Jul 2009031961.133.46$1,105
Jun 2009026766.163.90$1,040
May 2009029954.743.93$1,174
Apr 2009035646.773.59$1,277
Mar 2009038642.144.06$1,567
Feb 2009037632.814.63$1,742
Jan 2009050535.865.37$2,712
Dec 2008035737.105.98$2,134
Nov 2008031255.496.86$2,140
Oct 2008049675.246.92$3,433
Sep 20080491101.767.88$3,868
Aug 20080390114.228.48$3,308
Jul 20080533131.0811.39$6,071
Jun 20080515131.3313.03$6,712
May 20080514123.1711.57$5,949
Apr 20080509110.3110.45$5,322
Mar 20080200101.909.66$1,933
Feb 2008034092.538.77$2,982
Jan 2008037690.388.21$3,085
Dec 2007040088.337.30$2,921
Nov 2007037691.677.29$2,742
Oct 2007038482.856.92$2,658
Sep 2007042875.846.24$2,673
Aug 2007047269.066.39$3,015
Jul 2007046670.906.39$2,977
Jun 2007045662.007.55$3,442
May 2007053858.747.85$4,221
Apr 2007052259.617.81$4,074
Mar 2007056756.927.30$4,140
Feb 2007064055.108.22$5,258
Jan 2007060150.306.73$4,043
Dec 200602,14956.656.92$14,868
Nov 200602,26454.207.62$17,246
Oct 2006054854.906.01$3,296
Sep 2006038560.085.04$1,939
Aug 2006037968.717.34$2,782
Jul 2006041569.376.34$2,632
Jun 2006043166.286.38$2,751
May 2006045866.016.42$2,943
Apr 2006053564.397.36$3,938
Mar 2006069356.707.08$4,908
Feb 2006073257.597.75$5,674
Jan 2006060260.598.93$5,378
Dec 2005092754.9413.42$12,436
Nov 2005042754.6910.59$4,521
Oct 200506558.3413.80$897
Sep 200501,23861.4512.08$14,954
Aug 200501,66961.519.80$16,351
Jul 200501,45755.697.84$11,428
Jun 200501,69152.337.38$12,481
May 200501,69045.226.65$11,240
Apr 200502,26549.207.36$16,671
Mar 200502,49650.377.15$17,859
Feb 200501,37845.226.31$8,698
Jan 200501,06043.166.32$6,702
Dec 200401,25939.866.75$8,500
Nov 200401,34245.286.33$8,495
Oct 200401,16649.706.52$7,597
Sep 200401,33043.245.28$7,028
Aug 2004085442.375.55$4,740
Jul 200401,11038.286.08$6,753
Jun 200401,64436.106.43$10,576
May 2004045037.486.49$2,923
Apr 200401,49234.475.86$8,741
Mar 200401,35734.365.53$7,504
Feb 200401,52932.455.51$8,424
Jan 2004081432.036.30$5,128
Dec 200301,37730.266.30$8,677
Nov 200301,27828.804.60$5,873
Oct 200301,62328.174.76$7,725
Sep 200301,93426.314.75$9,185
Aug 200301,25329.765.13$6,428
Jul 200303329.415.17$171
Jun 200301,40528.565.98$8,406
May 200302,08026.595.97$12,423
Apr 200301,35926.675.41$7,348
Mar 200301,96531.146.10$11,979
Feb 2003084933.487.93$6,729
Jan 200301,06830.315.58$5,962
Dec 200201,01226.914.85$4,912
Nov 2002084624.664.14$3,500
Oct 200201,95126.464.23$8,251
Sep 200201,90927.443.64$6,940
Aug 200202,39425.963.16$7,575
Jul 200202,71224.583.06$8,303
Jun 200201,48923.733.34$4,971
May 200201,42224.663.58$5,096
Apr 200201,82223.653.51$6,399
Mar 200202,38322.003.10$7,394
Feb 200202,23018.222.38$5,298
Jan 200202,59217.172.38$6,158
Dec 200101,40516.932.36$3,322
Nov 200102,25718.072.41$5,429
Oct 200102,43619.782.53$6,160
Sep 200102,55624.262.25$5,754
Aug 200102,07724.873.05$6,341
Jul 200102,28623.933.20$7,309
Jun 200101,83624.563.82$7,021
May 200102,26325.524.31$9,747
Apr 200102,64124.685.34$14,091
Mar 200101,67724.545.38$9,016
Feb 200101,33427.755.77$7,693
Jan 200102,71427.478.40$22,794
Dec 200002,52426.889.12$23,025
Nov 200003,36932.215.66$19,062
Oct 200003,77031.235.15$19,399
Sep 200004,01631.875.19$20,829
Aug 200003,79029.644.54$17,209
Jul 200003,16028.534.09$12,924
Jun 200003,34129.304.40$14,691
May 200003,29927.263.68$12,140
Apr 200003,96024.513.12$12,339
Mar 200003,35628.422.86$9,597
Feb 200002,82427.622.73$7,700
Jan 200004,14925.272.48$10,292
Dec 199904,76224.282.42$11,542
Nov 199905,39723.192.43$13,136
Oct 199906,22120.982.80$17,442
Sep 199907,83521.752.62$20,519
Aug 199907,27519.262.88$20,920
Jul 199908,17417.892.37$19,392
Jun 199908,01215.942.36$18,925
May 199908,38415.792.32$19,459
Apr 1999010,75615.102.21$23,750
Mar 1999011,29312.471.84$20,760
Feb 199907,1119.981.82$12,926
Jan 1999712,57610.381.90$23,966
Dec 199801,3679.201.77$2,424
Nov 199801,52510.892.19$3,333
Oct 199801,53112.421.97$3,015
Sep 199801,45412.592.08$3,028
Aug 199801,73711.301.91$3,313
Jul 199801,54111.742.24$3,448
Jun 199801,47011.242.24$3,289
May 199801,50612.622.21$3,323
Apr 199801,60713.042.51$4,026
Mar 199801,72312.802.31$3,979
Feb 199801,56713.952.30$3,603
Jan 199801,76414.702.15$3,801
Dec 199701,78316.322.41$4,299
Nov 199701,82818.193.09$5,645
Oct 199702,01319.253.15$6,341
Sep 199702,13417.742.95$6,306
Aug 199702,28017.862.55$5,825
Jul 199702,56517.582.25$5,763
Jun 199702,50317.242.26$5,650
May 199703,00818.972.31$6,944
Apr 199702,74917.882.08$5,726
Mar 199703,09618.951.94$6,004
Feb 199703,04420.492.21$6,715
Jan 199704,03823.483.54$14,293
Dec 199616,72723.32$23
Nov 199603,86521.97$0
Oct 199603,87023.31$0
Sep 199604,28922.22$0
Aug 199606,32620.26$0
Jul 199604,16019.55$0
Jun 199606,05418.73$0
May 199606,57919.43$0
Apr 19960021.51$0
Mar 199601,28619.38$0
Feb 199604,35916.98$0
Jan 199607,80317.07$0
Dec 199505,17617.19$0
Nov 1995010,17416.00$0
Oct 199503,97615.43$0
Sep 199507,12816.18$0
Aug 199507,03515.92$0
Jul 199508,37315.24$0
Jun 1995011,01616.41$0
May 1995012,14017.56$0
Apr 199508,78617.73$0
Mar 1995010,84916.44$0
Feb 1995010,92516.58$0
Jan 1995013,65215.92$0
Dec 1994014,37215.03$0
Nov 1994013,77215.90$0
Oct 1994011,33015.58$0
Sep 199408,56015.29$0
Aug 1994018,58816.13$0
Jul 1994021,96917.56$0
Jun 1994018,78317.09$0
May 1994016,31715.88$0
Apr 1994018,60514.14$0
Mar 1994023,00012.46$0
Feb 1994018,56712.50$0
Jan 1994020,45812.66$0
Dec 1993020,36812.33$0
Nov 1993020,58614.49$0
Oct 1993020,61915.85$0
Sep 1993025,01215.03$0
Aug 1993027,19315.66$0
Jul 1993028,34115.46$0
Jun 1993028,22916.79$0
May 1993028,72217.68$0
Apr 1993030,02018.05$0
Mar 1993033,75118.14$0
Feb 1993028,95217.90$0
Jan 1993035,76116.93$0

How to read this page

The arithmetic is one multiplication per stream per month. Here it is, worked, on a real row from the table above.

May 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $106.41 =         $0
Gas                   12 Mcf  × $  3.05 =        $37

────────────────────────────────────────────────────
Month total                                      $37

The volumes are the state's, unchanged

Every barrel and every Mcf on this page is a number the Railroad Commission of Texas published in its monthly production query. Nothing is modelled, estimated or filled in.

The dollars are a multiplication, not a valuation

Volume × a published monthly price. It is not what the operator was paid: it takes no account of a contract, a differential, a transportation deduction, or the share any one owner holds.

Oil and gas are priced differently

Oil is a Texas realisation — the crude oil first purchase price. Gas is a benchmark, because no free Texas wellhead gas series exists at any date. The prices page publishes the difference rather than correcting it away.

A lease is not a well

The state reports oil on lease and gas on well, and this page is the lease grain. 04/G/140135 is the state's own key, not one this site invented.