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 160097District 04Field 449575002 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.9 M
Jul 1996 – May 2026
Value, last 12 filed months
$37 k
at the published price for each month
Months reported
359
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 Gas111997-02-05135962
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
CondensateDisposition10 bbl$726
GasProduction1,953,361 Mcf$5,893,159
Total$5,893,885

448,466 Mcf of this lease's gas, across 6 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 27.1718, -99.3958. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.17177, -99.39576 · 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
9,700 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 9,700 ft.

Completions filed
Jul 1996
1 of 1 wells

1 well

42-50533442819,700 ftJul 1996

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 (359)

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

359 months

May 20260943106.413.05$2,872
Apr 20260098.932.87$0
Mar 2026074789.753.15$2,353
Feb 2026052163.503.75$1,954
Jan 2026069959.138.00$5,591
Dec 202501,00556.664.41$4,435
Nov 2025098058.593.93$3,848
Oct 202501,13659.383.30$3,754
Sep 2025076562.743.08$2,354
Aug 2025097163.933.01$2,927
Jul 202501,10966.743.32$3,677
Jun 202501,04366.483.13$3,263
May 2025092760.553.23$2,996
Apr 202501,00762.363.54$3,568
Mar 202501,21267.704.27$5,173
Feb 2025085470.884.34$3,707
Jan 2025093774.324.28$4,009
Dec 202401,05568.993.12$3,293
Nov 202401,62969.052.20$3,581
Oct 202401,54371.372.28$3,520
Sep 202401,36769.612.36$3,232
Aug 2024078975.632.06$1,628
Jul 202401,68479.932.15$3,615
Jun 202402,59278.082.63$6,827
May 2024015378.812.20$336
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 2023010280.522.67$273
Jul 2023058474.852.64$1,543
Jun 202301,23568.962.26$2,789
May 2023096070.622.23$2,138
Apr 2023062678.122.24$1,401
Mar 2023070772.852.39$1,692
Feb 202301,19275.112.47$2,939
Jan 2023080876.533.39$2,737
Dec 202201,01376.415.73$5,804
Nov 2022093785.005.65$5,290
Oct 2022095887.185.86$5,617
Sep 202201,16584.888.16$9,511
Aug 202201,11994.529.13$10,213
Jul 202201,118101.587.54$8,432
Jun 202201,287115.097.98$10,267
May 202201,284109.378.43$10,828
Apr 20220672104.226.84$4,595
Mar 20220919108.885.08$4,665
Feb 202201,16391.054.86$5,651
Jan 202201,25781.844.54$5,704
Dec 202101,27771.323.90$4,979
Nov 202101,17077.435.24$6,127
Oct 202101,19779.795.71$6,840
Sep 202101,33469.865.35$7,138
Aug 202101,41366.024.22$5,964
Jul 202101,36870.783.98$5,447
Jun 202101,35369.493.38$4,574
May 202101,56263.483.02$4,714
Apr 202101,27260.362.76$3,509
Mar 202101,32861.302.72$3,608
Feb 202101,54557.805.55$8,572
Jan 202101,69650.412.81$4,766
Dec 202001,35944.642.68$3,636
Nov 202001,32138.772.71$3,575
Oct 202021,37436.972.48$3,479
Sep 202001,34337.091.99$2,674
Aug 202001,36239.982.39$3,249
Jul 202001,42338.371.83$2,597
Jun 202001,20934.901.69$2,044
May 202001,32016.921.81$2,395
Apr 202001,37214.751.80$2,476
Mar 202001,41930.341.86$2,634
Feb 202001,32749.881.98$2,628
Jan 202001,31357.252.09$2,750
Dec 201901,46859.012.30$3,383
Nov 201901,32355.302.75$3,639
Oct 201901,36253.472.42$3,294
Sep 201901,49755.052.66$3,978
Aug 201901,57453.112.30$3,627
Jul 201901,62856.272.46$4,005
Jun 201901,52852.782.49$3,807
May 201901,65058.482.74$4,522
Apr 201901,62262.632.75$4,462
Mar 201901,69256.803.06$5,181
Feb 201901,43150.852.79$3,996
Jan 201901,48046.033.23$4,778
Dec 201801,43546.594.19$6,006
Nov 201801,48652.934.24$6,297
Oct 201801,54061.443.40$5,233
Sep 201801,52459.543.11$4,737
Aug 201801,62459.403.07$4,980
Jul 201801,65165.142.93$4,841
Jun 201801,61060.183.08$4,954
May 201801,57765.382.90$4,575
Apr 201801,50563.842.90$4,366
Mar 201801,57361.222.79$4,384
Feb 201801,45561.782.77$4,025
Jan 201801,66262.874.01$6,663
Dec 201701,70657.272.92$4,984
Nov 201701,71855.423.12$5,357
Oct 201701,99049.292.98$5,938
Sep 201701,86147.523.09$5,745
Aug 201701,16045.373.00$3,485
Jul 2017094743.873.09$2,924
Jun 201701,06842.493.09$3,297
May 201701,69445.373.26$5,528
Apr 201701,38447.933.21$4,445
Mar 201701,44846.772.98$4,320
Feb 201701,32450.452.95$3,909
Jan 201701,40349.413.42$4,797
Dec 201601,38948.763.72$5,171
Nov 201601,33342.492.64$3,525
Oct 201601,57746.193.09$4,873
Sep 201601,55641.553.10$4,825
Aug 201601,63341.442.92$4,775
Jul 201601,50241.622.92$4,392
Jun 201601,61145.352.69$4,327
May 201601,65042.521.99$3,285
Apr 201601,62736.561.99$3,239
Mar 201601,51533.011.79$2,718
Feb 201601,58826.472.06$3,277
Jan 201601,67927.352.36$3,970
Dec 201501,75232.362.00$3,506
Nov 201501,49538.792.17$3,240
Oct 201501,42043.552.43$3,446
Sep 201501,54142.992.76$4,251
Aug 201501,40540.162.87$4,036
Jul 201501,30448.152.95$3,840
Jun 201501,90956.152.88$5,503
May 201503,23155.212.96$9,549
Apr 201502,79249.822.71$7,557
Mar 201502,05542.892.93$6,031
Feb 201501,77344.662.98$5,277
Jan 201502,00843.433.10$6,226
Dec 201402,00454.693.59$7,197
Nov 201401,91670.464.25$8,147
Oct 201421,79978.303.90$7,174
Sep 201401,98286.164.05$8,018
Aug 201402,02589.394.04$8,171
Jul 201402,18296.564.18$9,120
Jun 201422,08998.164.74$10,092
May 201402,20194.734.73$10,403
Apr 201402,35795.944.81$11,335
Mar 201402,34895.895.06$11,873
Feb 201402,18997.406.19$13,554
Jan 201402,34890.404.86$11,413
Dec 2013097991.824.35$4,263
Nov 201302,36188.853.74$8,826
Oct 201302,58097.423.78$9,751
Sep 201303,046104.113.72$11,324
Aug 201302,321104.253.52$8,176
Jul 201300102.523.72$0
Jun 201301,16894.403.93$4,594
May 201302,32094.834.15$9,626
Apr 201302,22493.964.28$9,524
Mar 201322,15593.623.91$8,619
Feb 201301,97391.233.42$6,747
Jan 201302,21691.603.42$7,579
Dec 201202,20286.773.42$7,531
Nov 201202,18486.953.62$7,917
Oct 201202,34389.383.40$7,965
Sep 201202,24694.672.92$6,555
Aug 201212,31892.662.91$6,834
Jul 201202,35685.133.02$7,117
Jun 201202,30079.822.52$5,794
May 201202,11291.612.49$5,255
Apr 201202,303101.652.00$4,599
Mar 201202,372105.052.22$5,271
Feb 201202,240101.102.57$5,757
Jan 201202,37998.092.73$6,504
Dec 201102,45396.873.24$7,947
Nov 201102,42895.723.31$8,040
Oct 201102,51884.983.65$9,187
Sep 201102,46683.623.99$9,829
Aug 201102,52983.404.15$10,494
Jul 201102,52894.144.52$11,420
Jun 201102,46092.904.64$11,414
May 201102,59398.134.40$11,422
Apr 201102,547105.964.33$11,037
Mar 201102,67396.364.06$10,845
Feb 201102,41285.644.18$10,082
Jan 201102,68486.504.59$12,316
Dec 201002,59785.734.35$11,291
Nov 201002,54680.843.80$9,663
Oct 201002,61878.103.51$9,186
Sep 201002,59372.633.98$10,319
Aug 201002,79073.684.42$12,330
Jul 201002,95872.554.74$14,011
Jun 201002,95770.364.91$14,520
May 201003,22871.124.24$13,671
Apr 201003,46181.694.12$14,269
Mar 201002,11278.394.39$9,269
Feb 201002,01273.585.44$10,950
Jan 201003,14174.365.96$18,733
Dec 200902,98571.445.48$16,369
Nov 200902,92474.593.75$10,969
Oct 200903,08672.544.11$12,684
Sep 200902,89265.543.06$8,863
Aug 200903,15867.423.22$10,164
Jul 200903,23561.133.46$11,208
Jun 200903,12966.163.90$12,187
May 200903,18154.743.93$12,488
Apr 200902,95546.773.59$10,601
Mar 200903,17142.144.06$12,871
Feb 200902,89432.814.63$13,408
Jan 200903,26935.865.37$17,558
Dec 200803,25637.105.98$19,462
Nov 200803,14155.496.86$21,548
Oct 200803,22075.246.92$22,289
Sep 200803,166101.767.88$24,939
Aug 200803,365114.228.48$28,545
Jul 200803,361131.0811.39$38,280
Jun 200803,312131.3313.03$43,164
May 200803,494123.1711.57$40,441
Apr 200803,382110.3110.45$35,358
Mar 200803,542101.909.66$34,230
Feb 200803,29992.538.77$28,934
Jan 200803,55890.388.21$29,196
Dec 200703,57788.337.30$26,119
Nov 200703,48791.677.29$25,426
Oct 200703,60682.856.92$24,961
Sep 200703,52175.846.24$21,986
Aug 200703,55269.066.39$22,690
Jul 200703,63270.906.39$23,201
Jun 200703,53262.007.55$26,661
May 200703,76958.747.85$29,573
Apr 200703,68759.617.81$28,778
Mar 200703,78356.927.30$27,623
Feb 200703,48955.108.22$28,666
Jan 200703,88550.306.73$26,134
Dec 200603,85756.656.92$26,684
Nov 200603,79154.207.62$28,878
Oct 200603,95254.906.01$23,767
Sep 200603,84960.085.04$19,388
Aug 200604,00868.717.34$29,418
Jul 200604,03569.376.34$25,593
Jun 200603,94666.286.38$25,191
May 200604,08766.016.42$26,259
Apr 200603,99264.397.36$29,383
Mar 200604,04256.707.08$28,629
Feb 200603,57557.597.75$27,710
Jan 200604,20060.598.93$37,520
Dec 200504,04254.9413.42$54,225
Nov 200504,24354.6910.59$44,927
Oct 200503,96358.3413.80$54,673
Sep 200503,75661.4512.08$45,369
Aug 200504,15161.519.80$40,667
Jul 200504,34055.697.84$34,041
Jun 200504,00152.337.38$29,532
May 200504,54645.226.65$30,236
Apr 200504,39449.207.36$32,342
Mar 200504,87450.377.15$34,873
Feb 200504,36645.226.31$27,558
Jan 200504,84043.166.32$30,599
Dec 200404,63939.866.75$31,318
Nov 200404,63145.286.33$29,316
Oct 200404,86249.706.52$31,676
Sep 200404,99343.245.28$26,383
Aug 200405,15642.375.55$28,619
Jul 200405,03938.286.08$30,658
Jun 200405,18836.106.43$33,375
May 200404,81937.486.49$31,297
Apr 200405,41534.475.86$31,724
Mar 200405,33334.365.53$29,492
Feb 200404,67832.455.51$25,774
Jan 200405,10332.036.30$32,147
Dec 200304,43530.266.30$27,948
Nov 200304,51828.804.60$20,761
Oct 200305,32928.174.76$25,364
Sep 200305,39726.314.75$25,632
Aug 200305,67729.765.13$29,121
Jul 200305,69429.415.17$29,443
Jun 200303,22028.565.98$19,265
May 200303,99926.595.97$23,885
Apr 200305,79926.675.41$31,357
Mar 200305,79631.146.10$35,333
Feb 200305,37533.487.93$42,602
Jan 200305,99630.315.58$33,470
Dec 200205,17926.914.85$25,138
Nov 200205,75324.664.14$23,800
Oct 200206,07826.464.23$25,705
Sep 200206,05427.443.64$22,008
Aug 200206,34125.963.16$20,064
Jul 200206,49424.583.06$19,883
Jun 200206,22823.733.34$20,791
May 200207,05124.663.58$25,271
Apr 200204,39923.653.51$15,451
Mar 200204,79922.003.10$14,890
Feb 200205,99618.222.38$14,245
Jan 200206,80817.172.38$16,174
Dec 200106,68616.932.36$15,808
Nov 200106,91118.072.41$16,625
Oct 200106,20719.782.53$15,697
Sep 200106,92224.262.25$15,584
Aug 200107,47424.873.05$22,819
Jul 200107,39323.933.20$23,636
Jun 200107,37524.563.82$28,203
May 200107,14325.524.31$30,767
Apr 200107,29224.685.34$38,905
Mar 200107,78724.545.38$41,866
Feb 200106,85427.755.77$39,528
Jan 200107,76027.478.40$65,174
Dec 200007,54026.889.12$68,784
Nov 200007,68832.215.66$43,499
Oct 200008,02231.235.15$41,277
Sep 200007,95131.875.19$41,238
Aug 200008,38729.644.54$38,083
Jul 200008,39828.534.09$34,346
Jun 200008,01129.304.40$35,226
May 200008,73927.263.68$32,157
Apr 200008,69224.513.12$27,084
Mar 200008,64828.422.86$24,731
Feb 200008,35627.622.73$22,783
Jan 200009,32925.272.48$23,141
Dec 199909,66924.282.42$23,435
Nov 199909,63623.192.43$23,454
Oct 1999010,24520.982.80$28,724
Sep 1999010,50621.752.62$27,514
Aug 1999010,33919.262.88$29,731
Jul 1999010,92817.892.37$25,925
Jun 1999011,10815.942.36$26,238
May 1999011,14115.792.32$25,858
Apr 1999010,40215.102.21$22,968
Mar 1999011,28212.471.84$20,740
Feb 1999010,0269.981.82$18,225
Jan 1999012,00210.381.90$22,803
Dec 1998012,4789.201.77$22,127
Nov 1998011,97210.892.19$26,167
Oct 1998013,02712.421.97$25,653
Sep 1998012,93012.592.08$26,928
Aug 1998013,72011.301.91$26,169
Jul 1998014,41211.742.24$32,244
Jun 1998013,80111.242.24$30,877
May 1998015,11612.622.21$33,351
Apr 1998015,40813.042.51$38,602
Mar 1998016,71512.802.31$38,602
Feb 1998015,42513.952.30$35,464
Jan 1998017,66314.702.15$38,060
Dec 1997018,82316.322.41$45,384
Nov 1997019,09718.193.09$58,977
Oct 1997020,58619.253.15$64,842
Sep 1997021,21617.742.95$62,691
Aug 1997023,83117.862.55$60,882
Jul 1997028,64817.582.25$64,370
Jun 1997022,17417.242.26$50,051
May 1997022,15218.972.31$51,138
Apr 1997023,92517.882.08$49,831
Mar 1997027,67518.951.94$53,666
Feb 1997030,63720.492.21$67,582
Jan 1997036,18123.483.54$128,070
Dec 1996043,13123.32$0
Nov 1996051,97221.97$0
Oct 1996074,54723.31$0
Sep 1996079,44022.22$0
Aug 19960137,89520.26$0
Jul 1996161,48119.55$20

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                  943 Mcf  × $  3.05 =     $2,872

────────────────────────────────────────────────────
Month total                                   $2,872

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/160097 is the state's own key, not one this site invented.