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 145651District 04Field 449575002 tax incentive programmesCondensateGasSaveExport
Value, all time
$11.9 M
May 1993 – May 2026
Value, last 12 filed months
$233 k
at the published price for each month
Months reported
397
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 Gas111995-02-13130839
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
CondensateDisposition54 bbl$3,699
GasProduction4,757,831 Mcf$11,865,233
Total$11,868,931

1,923,095 Mcf of this lease's gas, across 42 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 27.1239, -99.4115. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.12391, -99.41147 · 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
9,300 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 9,300 ft.

Completions filed
May 1993
1 of 1 wells

1 well

42-50533033769,300 ftMay 1993

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 (397)

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

397 months

May 202604,938106.413.05$15,040
Apr 20260098.932.87$0
Mar 202605,61289.753.15$17,675
Feb 202604,71263.503.75$17,672
Jan 202605,64959.138.00$45,180
Dec 202505,82656.664.41$25,712
Nov 202505,91858.593.93$23,237
Oct 202506,27659.383.30$20,741
Sep 202501,16162.743.08$3,572
Aug 2025336,81463.933.01$22,652
Jul 202507,10166.743.32$23,541
Jun 202505,71466.483.13$17,878
May 202508,57260.553.23$27,707
Apr 202501,16962.363.54$4,142
Mar 202501167.704.27$47
Feb 202501070.884.34$43
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 202401178.812.20$24
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 20230074.852.64$0
Jun 20230068.962.26$0
May 202301070.622.23$22
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 202301075.112.47$25
Jan 20230076.533.39$0
Dec 202201076.415.73$57
Nov 20220085.005.65$0
Oct 202201887.185.86$106
Sep 20220984.888.16$73
Aug 20220994.529.13$82
Jul 202200101.587.54$0
Jun 2022032115.097.98$255
May 202203109.378.43$25
Apr 2022010104.226.84$68
Mar 2022025108.885.08$127
Feb 202202,99491.054.86$14,547
Jan 202203,50781.844.54$15,914
Dec 202103,99771.323.90$15,585
Nov 202103,96477.435.24$20,759
Oct 202104,41079.795.71$25,198
Sep 202104,83469.865.35$25,866
Aug 202103,18966.024.22$13,459
Jul 202103,03570.783.98$12,086
Jun 202102,91369.493.38$9,848
May 202101,89563.483.02$5,718
Apr 202104,30060.362.76$11,861
Mar 202103,65261.302.72$9,922
Feb 202104,36257.805.55$24,200
Jan 202103,66850.412.81$10,308
Dec 202014,71744.642.68$12,665
Nov 202004,02738.772.71$10,899
Oct 202054,10036.972.48$10,346
Sep 202004,73537.091.99$9,428
Aug 202004,69539.982.39$11,198
Jul 202002,77538.371.83$5,065
Jun 202003,76434.901.69$6,362
May 202004,43216.921.81$8,043
Apr 202004,11014.751.80$7,416
Mar 202004,81730.341.86$8,941
Feb 202004,59049.881.98$9,091
Jan 202005,14057.252.09$10,767
Dec 201906,43059.012.30$14,817
Nov 201907,59555.302.75$20,892
Oct 201905,00153.472.42$12,095
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 201901946.033.23$61
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 2017094355.423.12$2,941
Oct 201704,54549.292.98$13,561
Sep 201704,55147.523.09$14,050
Aug 201704,81545.373.00$14,466
Jul 201704,86243.873.09$15,010
Jun 201704,77042.493.09$14,726
May 201704,94945.373.26$16,151
Apr 201704,85547.933.21$15,592
Mar 201705,09846.772.98$15,211
Feb 201704,73650.452.95$13,984
Jan 201704,82349.413.42$16,489
Dec 201605,06348.763.72$18,849
Nov 201605,06942.492.64$13,404
Oct 201605,37546.193.09$16,610
Sep 201605,74741.553.10$17,819
Aug 201607,30341.442.92$21,356
Jul 201602,55941.622.92$7,483
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 2016092626.472.06$1,911
Jan 201604,26027.352.36$10,072
Dec 201504,94032.362.00$9,887
Nov 201504,85438.792.17$10,520
Oct 201504,97443.552.43$12,070
Sep 201504,96042.992.76$13,682
Aug 201505,16740.162.87$14,842
Jul 201505,17448.152.95$15,238
Jun 201505,04456.152.88$14,541
May 201505,24455.212.96$15,498
Apr 201504,88749.822.71$13,227
Mar 201505,09242.892.93$14,944
Feb 201504,36944.662.98$13,003
Jan 201505,18643.433.10$16,080
Dec 201405,72854.693.59$20,571
Nov 201404,22370.464.25$17,956
Oct 201444,99078.303.90$19,779
Sep 201404,91886.164.05$19,895
Aug 201405,20089.394.04$20,983
Jul 201404,95896.564.18$20,722
Jun 201444,20598.164.74$20,311
May 201404,79294.734.73$22,650
Apr 201404,59495.944.81$22,093
Mar 201405,21095.895.06$26,346
Feb 201404,89897.406.19$30,328
Jan 201405,46990.404.86$26,583
Dec 201305,69391.824.35$24,790
Nov 201305,58588.853.74$20,878
Oct 201306,03597.423.78$22,808
Sep 201306,692104.113.72$24,879
Aug 201304,105104.253.52$14,460
Jul 201300102.523.72$0
Jun 201302,80394.403.93$11,025
May 201305,55994.834.15$23,065
Apr 201305,11693.964.28$21,910
Mar 201334,82093.623.91$19,141
Feb 201304,70091.233.42$16,074
Jan 201305,20591.603.42$17,801
Dec 201205,21586.773.42$17,836
Nov 201205,54486.953.62$20,097
Oct 201205,44689.383.40$18,515
Sep 201215,63994.672.92$16,552
Aug 201235,94992.662.91$17,579
Jul 201206,46785.133.02$19,536
Jun 201205,27979.822.52$13,298
May 201205,90591.612.49$14,694
Apr 201205,969101.652.00$11,919
Mar 201206,626105.052.22$14,724
Feb 201204,769101.102.57$12,257
Jan 201206,00898.092.73$16,426
Dec 201106,14796.873.24$19,915
Nov 201106,02495.723.31$19,947
Oct 201106,18084.983.65$22,548
Sep 201106,15383.623.99$24,525
Aug 201106,50583.404.15$26,991
Jul 201106,36594.144.52$28,752
Jun 201106,16292.904.64$28,591
May 201106,29098.134.40$27,706
Apr 201106,111105.964.33$26,481
Mar 201106,73196.364.06$27,310
Feb 201105,98285.644.18$25,005
Jan 201105,52886.504.59$25,367
Dec 201006,71685.734.35$29,199
Nov 201006,57180.843.80$24,939
Oct 201006,86378.103.51$24,082
Sep 201006,28172.633.98$24,995
Aug 201006,75573.684.42$29,853
Jul 201007,04672.554.74$33,373
Jun 201006,83770.364.91$33,572
May 201007,34871.124.24$31,120
Apr 201007,33681.694.12$30,244
Mar 201006,56678.394.39$28,816
Feb 201006,32873.585.44$34,439
Jan 201007,15474.365.96$42,667
Dec 200906,98671.445.48$38,309
Nov 200907,23774.593.75$27,150
Oct 200907,92972.544.11$32,590
Sep 200906,75465.543.06$20,699
Aug 200907,90867.423.22$25,452
Jul 200907,74461.133.46$26,829
Jun 200907,17066.163.90$27,927
May 200908,42754.743.93$33,082
Apr 200906,55346.773.59$23,509
Mar 200908,06442.144.06$32,732
Feb 200907,56332.814.63$35,039
Jan 200908,36235.865.37$44,912
Dec 200809,32037.105.98$55,707
Nov 2008010,25155.496.86$70,326
Oct 20080075.246.92$0
Sep 200804,292101.767.88$33,808
Aug 200808,256114.228.48$70,036
Jul 200807,830131.0811.39$89,179
Jun 200807,381131.3313.03$96,194
May 200808,008123.1711.57$92,687
Apr 200807,847110.3110.45$82,039
Mar 200808,190101.909.66$79,149
Feb 200807,61892.538.77$66,814
Jan 200808,20690.388.21$67,336
Dec 200708,83688.337.30$64,520
Nov 200708,19891.677.29$59,777
Oct 200708,44782.856.92$58,470
Sep 200708,15275.846.24$50,902
Aug 200708,25069.066.39$52,701
Jul 200708,55270.906.39$54,630
Jun 200708,46062.007.55$63,860
May 200709,18758.747.85$72,084
Apr 200709,00659.617.81$70,294
Mar 200709,37056.927.30$68,419
Feb 200708,54255.108.22$70,181
Jan 200709,86850.306.73$66,381
Dec 200609,38756.656.92$64,943
Nov 200609,77554.207.62$74,461
Oct 2006010,41654.906.01$62,640
Sep 200609,92160.085.04$49,974
Aug 2006010,35068.717.34$75,968
Jul 2006010,90969.376.34$69,193
Jun 2006010,90066.286.38$69,584
May 2006011,60166.016.42$74,536
Apr 2006010,58464.397.36$77,903
Mar 2006011,98856.707.08$84,910
Feb 2006012,64657.597.75$98,021
Jan 2006017,01060.598.93$151,956
Dec 200503454.9413.42$456
Nov 200505754.6910.59$604
Oct 200503758.3413.80$510
Sep 2005086661.4512.08$10,460
Aug 2005011,43261.519.80$111,997
Jul 200509,01755.697.84$70,726
Jun 2005010,17652.337.38$75,109
May 200507,53945.226.65$50,143
Apr 2005010,45549.207.36$76,954
Mar 2005011,57450.377.15$82,811
Feb 2005010,03945.226.31$63,365
Jan 2005011,54443.166.32$72,983
Dec 2004011,75639.866.75$79,366
Nov 2004011,89745.286.33$75,313
Oct 2004012,28149.706.52$80,012
Sep 2004013,81643.245.28$73,002
Aug 2004014,00242.375.55$77,720
Jul 200409,17938.286.08$55,847
Jun 2004011,20836.106.43$72,101
May 2004012,34837.486.49$80,195
Apr 2004011,98834.475.86$70,231
Mar 2004012,68434.365.53$70,144
Feb 2004011,80432.455.51$65,036
Jan 2004012,82632.036.30$80,799
Dec 2003014,02530.266.30$88,381
Nov 200309,68028.804.60$44,481
Oct 2003013,43028.174.76$63,922
Sep 2003013,27626.314.75$63,053
Aug 2003013,56929.765.13$69,605
Jul 2003013,47029.415.17$69,651
Jun 2003013,64628.565.98$81,643
May 2003014,18126.595.97$84,699
Apr 2003013,75926.675.41$74,399
Mar 2003013,33731.146.10$81,303
Feb 2003012,91633.487.93$102,371
Jan 2003014,85230.315.58$82,904
Dec 2002014,46826.914.85$70,224
Nov 2002013,84124.664.14$57,260
Oct 2002014,43026.464.23$61,026
Sep 2002013,80727.443.64$50,191
Aug 2002014,23525.963.16$45,042
Jul 2002014,79124.583.06$45,286
Jun 2002014,52323.733.34$48,481
May 2002015,40024.663.58$55,194
Apr 2002015,16823.653.51$53,275
Mar 2002015,03622.003.10$46,653
Feb 2002013,79418.222.38$32,770
Jan 2002015,68417.172.38$37,260
Dec 2001015,93016.932.36$37,665
Nov 2001015,17818.072.41$36,511
Oct 2001015,99219.782.53$40,442
Sep 2001015,70024.262.25$35,346
Aug 2001017,11224.873.05$52,246
Jul 2001016,09123.933.20$51,444
Jun 2001016,25524.563.82$62,162
May 2001016,96025.524.31$73,052
Apr 2001016,41224.685.34$87,563
Mar 2001017,25024.545.38$92,744
Feb 2001015,67327.755.77$90,387
Jan 2001017,59527.478.40$147,776
Dec 2000017,12026.889.12$156,177
Nov 2000016,84132.215.66$95,286
Oct 2000017,69531.235.15$91,050
Sep 2000017,36931.875.19$90,084
Aug 2000018,27129.644.54$82,964
Jul 2000018,58528.534.09$76,008
Jun 2000018,00129.304.40$79,155
May 2000018,56527.263.68$68,315
Apr 2000018,23224.513.12$56,811
Mar 2000018,91828.422.86$54,101
Feb 2000017,21227.622.73$46,929
Jan 2000019,42925.272.48$48,194
Dec 1999019,87424.282.42$48,169
Nov 1999019,79523.192.43$48,181
Oct 1999019,84220.982.80$55,631
Sep 1999018,63221.752.62$48,794
Aug 1999015,01019.262.88$43,163
Jul 1999017,32617.892.37$41,104
Jun 1999019,47415.942.36$46,000
May 1999020,41615.792.32$47,386
Apr 1999019,83815.102.21$43,803
Mar 1999021,18112.471.84$38,938
Feb 1999019,9949.981.82$36,345
Jan 1999022,00110.381.90$41,801
Dec 1998022,2119.201.77$39,387
Nov 1998022,07210.892.19$48,243
Oct 1998022,95412.421.97$45,201
Sep 1998022,42512.592.08$46,703
Aug 1998023,34311.301.91$44,523
Jul 1998023,68411.742.24$52,988
Jun 1998022,97911.242.24$51,410
May 1998024,54612.622.21$54,157
Apr 1998024,44513.042.51$61,243
Mar 1998025,80812.802.31$59,602
Feb 1998023,37113.952.30$53,733
Jan 1998026,39914.702.15$56,884
Dec 1997027,16216.322.41$65,490
Nov 1997026,55218.193.09$81,999
Oct 1997027,94319.253.15$88,015
Sep 1997027,99717.742.95$82,728
Aug 1997030,35717.862.55$77,554
Jul 1997032,70617.582.25$73,488
Jun 1997032,23117.242.26$72,752
May 199702,18818.972.31$5,051
Apr 199703,70017.882.08$7,706
Mar 199703,89918.951.94$7,561
Feb 199702,55220.492.21$5,629
Jan 1997028,58523.483.54$101,182
Dec 1996039,53523.32$0
Nov 1996032,07421.97$0
Oct 1996034,46923.31$0
Sep 1996032,60422.22$0
Aug 1996032,63320.26$0
Jul 1996033,72519.55$0
Jun 1996033,47018.73$0
May 1996034,98919.43$0
Apr 1996034,15521.51$0
Mar 1996035,91719.38$0
Feb 1996035,16316.98$0
Jan 1996036,46417.07$0
Dec 1995034,64317.19$0
Nov 1995034,17716.00$0
Oct 1995036,61215.43$0
Sep 1995041,42516.18$0
Aug 199506015.92$0
Jul 1995040,75415.24$0
Jun 1995040,14216.41$0
May 1995035,66117.56$0
Apr 1995035,71317.73$0
Mar 1995033,11816.44$0
Feb 1995036,24616.58$0
Jan 1995041,95615.92$0
Dec 1994043,70215.03$0
Nov 1994046,04315.90$0
Oct 19940015.58$0
Sep 19940015.29$0
Aug 1994053,12416.13$0
Jul 1994055,59817.56$0
Jun 1994053,19117.09$0
May 1994057,47015.88$0
Apr 1994055,06714.14$0
Mar 1994062,21312.46$0
Feb 1994059,28812.50$0
Jan 1994064,78512.66$0
Dec 1993068,76212.33$0
Nov 1993064,58914.49$0
Oct 1993066,55215.85$0
Sep 1993068,23715.03$0
Aug 1993074,28515.66$0
Jul 1993078,06515.46$0
Jun 1993076,74216.79$0
May 1993049,67717.68$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                4,938 Mcf  × $  3.05 =    $15,040

────────────────────────────────────────────────────
Month total                                  $15,040

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/145651 is the state's own key, not one this site invented.