MECON. 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 146895District 04Field 449575002 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.3 M
Oct 1993 – May 2026
Value, last 12 filed months
$10 k
at the published price for each month
Months reported
392
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 Gas111995-02-13130916
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
CondensateDisposition7 bbl$613
GasProduction3,762,764 Mcf$5,327,185
Total$5,327,798

2,316,495 Mcf of this lease's gas, across 37 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 27.1617, -99.3852. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.16174, -99.38522 · 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
8,950 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 8,950 ft.

Completions filed
Oct 1993
1 of 1 wells

1 well

42-50533077808,950 ftOct 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 (392)

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

392 months

May 20260203106.413.05$618
Apr 20260098.932.87$0
Mar 2026020789.753.15$652
Feb 2026022763.503.75$851
Jan 2026027259.138.00$2,175
Dec 2025022456.664.41$989
Nov 2025024158.593.93$946
Oct 2025022359.383.30$737
Sep 2025021862.743.08$671
Aug 2025018763.933.01$564
Jul 2025027066.743.32$895
Jun 2025028166.483.13$879
May 2025035660.553.23$1,151
Apr 2025042862.363.54$1,516
Mar 20250067.704.27$0
Feb 20250070.884.34$0
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 202409678.812.20$211
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 2023016068.962.26$361
May 2023026770.622.23$595
Apr 2023026278.122.24$586
Mar 2023023072.852.39$550
Feb 2023026375.112.47$648
Jan 2023010076.533.39$339
Dec 2022025276.415.73$1,444
Nov 2022014385.005.65$807
Oct 2022012887.185.86$751
Sep 2022022384.888.16$1,821
Aug 2022019994.529.13$1,816
Jul 20220201101.587.54$1,516
Jun 20220178115.097.98$1,420
May 20220219109.378.43$1,847
Apr 20220204104.226.84$1,395
Mar 20220230108.885.08$1,168
Feb 2022020991.054.86$1,016
Jan 2022021181.844.54$957
Dec 2021023571.323.90$916
Nov 2021024177.435.24$1,262
Oct 2021026779.795.71$1,526
Sep 2021025669.865.35$1,370
Aug 2021026466.024.22$1,114
Jul 2021027470.783.98$1,091
Jun 2021027769.493.38$936
May 2021029263.483.02$881
Apr 2021028160.362.76$775
Mar 2021028961.302.72$785
Feb 2021027457.805.55$1,520
Jan 2021029850.412.81$837
Dec 2020089844.642.68$2,403
Nov 2020025238.772.71$682
Oct 2020027736.972.48$687
Sep 2020026937.091.99$536
Aug 2020026739.982.39$637
Jul 2020026538.371.83$484
Jun 2020027434.901.69$463
May 2020029016.921.81$526
Apr 2020028014.751.80$505
Mar 2020029330.341.86$544
Feb 2020028549.881.98$564
Jan 2020030257.252.09$633
Dec 2019032059.012.30$737
Nov 2019028355.302.75$778
Oct 2019027953.472.42$675
Sep 2019025155.052.66$667
Aug 2019030153.112.30$694
Jul 2019032656.272.46$802
Jun 2019033552.782.49$835
May 2019035258.482.74$965
Apr 2019034862.632.75$957
Mar 2019036256.803.06$1,108
Feb 2019032050.852.79$894
Jan 2019036346.033.23$1,172
Dec 2018035246.594.19$1,473
Nov 2018028252.934.24$1,195
Oct 2018030861.443.40$1,047
Sep 2018030459.543.11$945
Aug 2018031859.403.07$975
Jul 2018038165.142.93$1,117
Jun 2018037160.183.08$1,142
May 2018038565.382.90$1,117
Apr 2018032763.842.90$949
Mar 2018035661.222.79$992
Feb 2018034861.782.77$963
Jan 2018060162.874.01$2,410
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170347.523.09$9
Aug 20170445.373.00$12
Jul 2017018543.873.09$571
Jun 20170542.493.09$15
May 201701,45445.373.26$4,745
Apr 201701,77447.933.21$5,697
Mar 201701,28646.772.98$3,837
Feb 201701,34550.452.95$3,971
Jan 201701,53749.413.42$5,255
Dec 201601,57048.763.72$5,845
Nov 201601,49542.492.64$3,953
Oct 201601,53846.193.09$4,753
Sep 201601,62141.553.10$5,026
Aug 201601,83241.442.92$5,357
Jul 201601,50841.622.92$4,410
Jun 201601,79945.352.69$4,832
May 201601,78542.521.99$3,554
Apr 201601,77036.561.99$3,524
Mar 201601,90233.011.79$3,412
Feb 201601,95326.472.06$4,030
Jan 201602,12027.352.36$5,012
Dec 201502,21832.362.00$4,439
Nov 201502,13538.792.17$4,627
Oct 201502,37643.552.43$5,766
Sep 201502,08142.992.76$5,740
Aug 201502,25140.162.87$6,466
Jul 201502,40448.152.95$7,080
Jun 201502,48556.152.88$7,164
May 201502,67355.212.96$7,900
Apr 201502,74249.822.71$7,421
Mar 201502,44742.892.93$7,181
Feb 201502,23244.662.98$6,643
Jan 201502,62543.433.10$8,139
Dec 201402,76254.693.59$9,919
Nov 201402,80170.464.25$11,909
Oct 201433,25378.303.90$12,925
Sep 201403,18586.164.05$12,885
Aug 201403,19789.394.04$12,900
Jul 2014054296.564.18$2,265
Jun 2014060098.164.74$2,842
May 2014044994.734.73$2,122
Apr 2014260395.944.81$3,092
Mar 2014065395.895.06$3,302
Feb 2014036197.406.19$2,235
Jan 2014069790.404.86$3,388
Dec 2013068191.824.35$2,965
Nov 2013070888.853.74$2,647
Oct 2013076997.423.78$2,906
Sep 20130719104.113.72$2,673
Aug 20130822104.253.52$2,896
Jul 2013089102.523.72$331
Jun 2013041194.403.93$1,617
May 2013091294.834.15$3,784
Apr 2013089993.964.28$3,850
Mar 2013187993.623.91$3,533
Feb 2013085591.233.42$2,924
Jan 201301,01991.603.42$3,485
Dec 201201,20886.773.42$4,132
Nov 201201,73186.953.62$6,275
Oct 201202,00489.383.40$6,813
Sep 201202,08594.672.92$6,085
Aug 201212,26592.662.91$6,680
Jul 201202,30185.133.02$6,951
Jun 201202,22379.822.52$5,600
May 201202,26791.612.49$5,641
Apr 201202,214101.652.00$4,421
Mar 201202,248105.052.22$4,995
Feb 201202,155101.102.57$5,539
Jan 201202,26898.092.73$6,201
Dec 201102,27896.873.24$7,380
Nov 201102,25995.723.31$7,480
Oct 201102,30084.983.65$8,392
Sep 201101,73883.623.99$6,927
Aug 201101,42083.404.15$5,892
Jul 201101,96494.144.52$8,872
Jun 201102,19192.904.64$10,166
May 201102,38998.134.40$10,523
Apr 201102,337105.964.33$10,127
Mar 201102,40796.364.06$9,766
Feb 201102,12785.644.18$8,891
Jan 201102,32086.504.59$10,646
Dec 201001,94185.734.35$8,439
Nov 201002,25480.843.80$8,555
Oct 201002,11278.103.51$7,411
Sep 201001,48072.633.98$5,890
Aug 201001,24373.684.42$5,493
Jul 201001,13172.554.74$5,357
Jun 201001,09070.364.91$5,352
May 201001,23471.124.24$5,226
Apr 201001,25381.694.12$5,166
Mar 201001,31378.394.39$5,762
Feb 201001,16073.585.44$6,313
Jan 201001,01374.365.96$6,042
Dec 2009068071.445.48$3,729
Nov 2009085274.593.75$3,196
Oct 2009085672.544.11$3,518
Sep 2009071765.543.06$2,197
Aug 200901,18967.423.22$3,827
Jul 200901,14961.133.46$3,981
Jun 2009098966.163.90$3,852
May 200901,12454.743.93$4,413
Apr 200901,15746.773.59$4,151
Mar 200901,64942.144.06$6,693
Feb 200901,69832.814.63$7,867
Jan 200902,48135.865.37$13,325
Dec 200801,98337.105.98$11,853
Nov 200802,23555.496.86$15,333
Oct 200802,06975.246.92$14,322
Sep 200802,753101.767.88$21,686
Aug 200802,069114.228.48$17,551
Jul 200802,340131.0811.39$26,651
Jun 200802,044131.3313.03$26,639
May 200802,458123.1711.57$28,450
Apr 200802,697110.3110.45$28,197
Mar 200802,737101.909.66$26,451
Feb 200802,67392.538.77$23,444
Jan 200802,90990.388.21$23,870
Dec 200703,05388.337.30$22,293
Nov 200702,99291.677.29$21,817
Oct 200703,14182.856.92$21,742
Sep 200703,16175.846.24$19,738
Aug 200703,15469.066.39$20,148
Jul 200703,21170.906.39$20,512
Jun 200703,05062.007.55$23,023
May 200703,28458.747.85$25,767
Apr 200703,20959.617.81$25,047
Mar 200703,29956.927.30$24,089
Feb 200703,07555.108.22$25,264
Jan 200703,43050.306.73$23,073
Dec 200603,31956.656.92$22,962
Nov 200603,44154.207.62$26,212
Oct 200603,52454.906.01$21,193
Sep 200603,46060.085.04$17,429
Aug 200603,59668.717.34$26,394
Jul 200603,70269.376.34$23,481
Jun 200603,52966.286.38$22,529
May 200603,46366.016.42$22,250
Apr 200603,42364.397.36$25,195
Mar 200603,74056.707.08$26,490
Feb 200603,45057.597.75$26,741
Jan 200603,83560.598.93$34,259
Dec 200503,94754.9413.42$52,951
Nov 200503,59454.6910.59$38,055
Oct 200503,91058.3413.80$53,941
Sep 200503,97461.4512.08$48,002
Aug 200503,90661.519.80$38,266
Jul 200504,16855.697.84$32,692
Jun 200503,97952.337.38$29,369
May 200504,35245.226.65$28,946
Apr 200504,30949.207.36$31,716
Mar 200504,60350.377.15$32,934
Feb 200503,90545.226.31$24,648
Jan 200503,63943.166.32$23,006
Dec 200403,51039.866.75$23,696
Nov 200403,52045.286.33$22,283
Oct 200402,54949.706.52$16,607
Sep 200403,49143.245.28$18,446
Aug 200404,28742.375.55$23,796
Jul 200404,37638.286.08$26,624
Jun 200404,33136.106.43$27,861
May 200404,47437.486.49$29,057
Apr 200404,46634.475.86$26,164
Mar 200404,56634.365.53$25,251
Feb 200404,19032.455.51$23,085
Jan 200404,58932.036.30$28,909
Dec 200304,33630.266.30$27,324
Nov 200304,17328.804.60$19,176
Oct 200304,53028.174.76$21,561
Sep 200304,92026.314.75$23,367
Aug 200304,99129.765.13$25,602
Jul 200304,51329.415.17$23,336
Jun 200304,80128.565.98$28,724
May 200305,29626.595.97$31,631
Apr 200304,68826.675.41$25,349
Mar 200304,94231.146.10$30,127
Feb 200304,24133.487.93$33,614
Jan 200304,63030.315.58$25,845
Dec 200205,50726.914.85$26,730
Nov 200205,64024.664.14$23,332
Oct 200205,76626.464.23$24,385
Sep 200205,62727.443.64$20,455
Aug 200206,00125.963.16$18,988
Jul 200204,68224.583.06$14,335
Jun 200205,88823.733.34$19,656
May 200206,29824.663.58$22,572
Apr 200205,75223.653.51$20,203
Mar 200205,56922.003.10$17,279
Feb 200205,43018.222.38$12,900
Jan 200205,80017.172.38$13,779
Dec 200105,97316.932.36$14,123
Nov 200106,00218.072.41$14,438
Oct 200106,54719.782.53$16,557
Sep 200106,86124.262.25$15,446
Aug 200107,66124.873.05$23,390
Jul 200106,23223.933.20$19,924
Jun 200107,13924.563.82$27,301
May 200107,45425.524.31$32,107
Apr 200108,09724.685.34$43,200
Mar 200107,79324.545.38$41,899
Feb 200106,63027.755.77$38,236
Jan 200107,11327.478.40$59,740
Dec 200007,36426.889.12$67,178
Nov 200007,34232.215.66$41,541
Oct 200008,21131.235.15$42,250
Sep 200008,49531.875.19$44,059
Aug 200009,51829.644.54$43,219
Jul 200008,73428.534.09$35,720
Jun 200009,18029.304.40$40,367
May 200009,66927.263.68$35,580
Apr 2000010,33424.513.12$32,201
Mar 2000010,88928.422.86$31,140
Feb 2000010,45527.622.73$28,506
Jan 2000011,48425.272.48$28,486
Dec 1999011,91724.282.42$28,883
Nov 1999011,60923.192.43$28,256
Oct 1999012,62520.982.80$35,397
Sep 1999013,31321.752.62$34,865
Aug 1999013,17319.262.88$37,880
Jul 1999014,34217.892.37$34,025
Jun 1999014,26015.942.36$33,684
May 1999014,09515.792.32$32,715
Apr 1999014,00415.102.21$30,922
Mar 1999016,23512.471.84$29,845
Feb 1999015,2109.981.82$27,649
Jan 1999014,74210.381.90$28,009
Dec 1998015,0989.201.77$26,774
Nov 1998015,23210.892.19$33,293
Oct 1998016,72312.421.97$32,931
Sep 1998016,00812.592.08$33,339
Aug 1998016,49411.301.91$31,460
Jul 1998017,12311.742.24$38,309
Jun 1998018,71711.242.24$41,875
May 1998020,60812.622.21$45,468
Apr 1998018,78413.042.51$47,060
Mar 1998021,08712.802.31$48,699
Feb 1998019,49013.952.30$44,810
Jan 1998021,99014.702.15$47,384
Dec 1997022,60116.322.41$54,493
Nov 1997022,87818.193.09$70,653
Oct 1997024,29619.253.15$76,528
Sep 1997025,08517.742.95$74,123
Aug 1997027,36917.862.55$69,921
Jul 1997028,17917.582.25$63,317
Jun 1997028,01617.242.26$63,238
May 1997030,23118.972.31$69,788
Apr 1997031,78017.882.08$66,191
Mar 1997033,42418.951.94$64,814
Feb 1997033,66220.492.21$74,255
Jan 1997040,55823.483.54$143,563
Dec 1996031,82723.32$0
Nov 1996038,68021.97$0
Oct 1996046,42323.31$0
Sep 1996054,94622.22$0
Aug 1996050,33220.26$0
Jul 1996052,04419.55$0
Jun 1996052,81718.73$0
May 1996057,78819.43$0
Apr 1996039,38321.51$0
Mar 1996053,57219.38$0
Feb 1996054,80616.98$0
Jan 1996058,29717.07$0
Dec 1995058,73017.19$0
Nov 1995060,32516.00$0
Oct 1995069,37515.43$0
Sep 1995036,56316.18$0
Aug 1995032,32415.92$0
Jul 1995053,38315.24$0
Jun 1995056,89816.41$0
May 1995072,45717.56$0
Apr 1995063,16517.73$0
Mar 199504,81216.44$0
Feb 1995038,74416.58$0
Jan 1995068,51015.92$0
Dec 1994072,81015.03$0
Nov 1994084,55615.90$0
Oct 19940015.58$0
Sep 19940015.29$0
Aug 1994076,97916.13$0
Jul 1994077,76817.56$0
Jun 1994075,91617.09$0
May 1994085,47015.88$0
Apr 1994082,38314.14$0
Mar 1994096,09012.46$0
Feb 1994087,91612.50$0
Jan 1994094,72912.66$0
Dec 1993096,54612.33$0
Nov 1993091,05314.49$0
Oct 1993088,07815.85$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                  203 Mcf  × $  3.05 =       $618

────────────────────────────────────────────────────
Month total                                     $618

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/146895 is the state's own key, not one this site invented.