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 165062District 04Field 449575002 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.5 M
May 1997 – May 2026
Value, last 12 filed months
$88 k
at the published price for each month
Months reported
349
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 Gas111997-11-26137718
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
CondensateDisposition16 bbl$1,171
GasProduction1,375,712 Mcf$5,490,773
Total$5,491,944

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 27.1599, -99.3804. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.15994, -99.38035 · 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
10,150 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 10,150 ft.

Completions filed
May 1997
1 of 1 wells

1 well

42-505335818610,150 ftMay 1997

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 (349)

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

349 months

May 202604,585106.413.05$13,965
Apr 20260098.932.87$0
Mar 202605,46089.753.15$17,196
Feb 202604,49963.503.75$16,873
Jan 202603,50159.138.00$28,001
Dec 2025091356.664.41$4,029
Nov 2025013058.593.93$510
Oct 2025068159.383.30$2,251
Sep 2025010062.743.08$308
Aug 2025055063.933.01$1,658
Jul 2025047966.743.32$1,588
Jun 2025063366.483.13$1,980
May 202501,19360.553.23$3,856
Apr 2025072762.363.54$2,576
Mar 2025034067.704.27$1,451
Feb 2025028970.884.34$1,255
Jan 202501,38374.324.28$5,917
Dec 202403,07068.993.12$9,583
Nov 2024055669.052.20$1,222
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 202401,24279.932.15$2,666
Jun 202401,52178.082.63$4,006
May 2024010078.812.20$220
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 20230689.042.74$16
Aug 20230080.522.67$0
Jul 202301,41374.852.64$3,733
Jun 202304,28068.962.26$9,666
May 202304,90970.622.23$10,934
Apr 202304,84578.122.24$10,842
Mar 202304,52672.852.39$10,831
Feb 202303,67875.112.47$9,069
Jan 202304,09676.533.39$13,876
Dec 202204,00176.415.73$22,922
Nov 202203,89485.005.65$21,986
Oct 202203,96187.185.86$23,226
Sep 202203,51884.888.16$28,720
Aug 202203,82694.529.13$34,921
Jul 202202,027101.587.54$15,288
Jun 202201,599115.097.98$12,756
May 202201,517109.378.43$12,793
Apr 20220414104.226.84$2,831
Mar 20220539108.885.08$2,736
Feb 2022045491.054.86$2,206
Jan 2022045981.844.54$2,083
Dec 2021046271.323.90$1,801
Nov 2021046677.435.24$2,440
Oct 2021047979.795.71$2,737
Sep 2021047269.865.35$2,526
Aug 2021047666.024.22$2,009
Jul 2021045170.783.98$1,796
Jun 2021031169.493.38$1,051
May 2021038863.483.02$1,171
Apr 2021030160.362.76$830
Mar 2021031461.302.72$853
Feb 2021031257.805.55$1,731
Jan 2021027150.412.81$762
Dec 2020128844.642.68$815
Nov 2020031538.772.71$853
Oct 2020327836.972.48$800
Sep 202001,88537.091.99$3,753
Aug 202002,57139.982.39$6,132
Jul 202002,48238.371.83$4,530
Jun 202002,29634.901.69$3,881
May 202002,35116.921.81$4,266
Apr 202002,06714.751.80$3,730
Mar 202001,63430.341.86$3,033
Feb 202001,83249.881.98$3,629
Jan 202001,88457.252.09$3,946
Dec 201902,16759.012.30$4,994
Nov 201901,79955.302.75$4,949
Oct 201902,13853.472.42$5,171
Sep 201902,01455.052.66$5,352
Aug 201902,22453.112.30$5,125
Jul 201902,24856.272.46$5,530
Jun 201902,05252.782.49$5,112
May 201902,16458.482.74$5,930
Apr 201902,24862.632.75$6,184
Mar 201902,36256.803.06$7,233
Feb 201902,17950.852.79$6,084
Jan 201902,44846.033.23$7,903
Dec 201802,17646.594.19$9,108
Nov 201802,28252.934.24$9,669
Oct 201802,10761.443.40$7,160
Sep 201801,77659.543.11$5,520
Aug 201802,00959.403.07$6,161
Jul 201802,30065.142.93$6,743
Jun 201802,26360.183.08$6,963
May 201802,38165.382.90$6,907
Apr 201802,27963.842.90$6,611
Mar 201802,37061.222.79$6,605
Feb 201802,10161.782.77$5,812
Jan 201802,39362.874.01$9,594
Dec 201702,59757.272.92$7,587
Nov 201702,40555.423.12$7,500
Oct 201702,40549.292.98$7,176
Sep 201702,14947.523.09$6,635
Aug 201702,34245.373.00$7,036
Jul 201702,30843.873.09$7,125
Jun 201702,63442.493.09$8,132
May 201702,61845.373.26$8,544
Apr 201702,53947.933.21$8,154
Mar 201702,38046.772.98$7,101
Feb 201701,77050.452.95$5,226
Jan 201701,39149.413.42$4,756
Dec 201601,63148.763.72$6,072
Nov 201601,61242.492.64$4,263
Oct 201601,81146.193.09$5,596
Sep 201601,93441.553.10$5,997
Aug 201602,12741.442.92$6,220
Jul 201601,97541.622.92$5,776
Jun 201602,20445.352.69$5,920
May 201602,48242.521.99$4,942
Apr 201602,40636.561.99$4,790
Mar 201602,23433.011.79$4,008
Feb 201602,44826.472.06$5,052
Jan 201602,61427.352.36$6,180
Dec 201502,49232.362.00$4,988
Nov 201502,58538.792.17$5,603
Oct 201502,53543.552.43$6,151
Sep 201502,47742.992.76$6,833
Aug 201502,39440.162.87$6,877
Jul 201502,30848.152.95$6,797
Jun 201502,44756.152.88$7,054
May 201503,03455.212.96$8,967
Apr 201502,71149.822.71$7,338
Mar 201502,89342.892.93$8,490
Feb 201502,65144.662.98$7,890
Jan 201502,96343.433.10$9,187
Dec 201403,02754.693.59$10,871
Nov 201402,83070.464.25$12,033
Oct 201433,05378.303.90$12,145
Sep 201403,16386.164.05$12,796
Aug 201403,36989.394.04$13,594
Jul 201403,43196.564.18$14,340
Jun 201433,26798.164.74$15,770
May 201403,33294.734.73$15,749
Apr 201403,19195.944.81$15,346
Mar 201403,15595.895.06$15,954
Feb 201402,94197.406.19$18,211
Jan 201403,21290.404.86$15,613
Dec 201302,96991.824.35$12,928
Nov 201303,28988.853.74$12,295
Oct 201303,46697.423.78$13,099
Sep 201301,932104.113.72$7,183
Aug 20130124104.253.52$437
Jul 201300102.523.72$0
Jun 201301,64394.403.93$6,463
May 201303,24994.834.15$13,480
Apr 201302,95693.964.28$12,659
Mar 201322,86993.623.91$11,413
Feb 201302,76791.233.42$9,463
Jan 201303,17491.603.42$10,855
Dec 201203,17886.773.42$10,869
Nov 201203,22586.953.62$11,691
Oct 201203,52189.383.40$11,970
Sep 201213,20994.672.92$9,460
Aug 201223,29492.662.91$9,765
Jul 201202,84285.133.02$8,585
Jun 201203,34579.822.52$8,426
May 201203,32891.612.49$8,281
Apr 201203,143101.652.00$6,276
Mar 201203,465105.052.22$7,700
Feb 201203,281101.102.57$8,433
Jan 201203,55698.092.73$9,722
Dec 201103,68996.873.24$11,951
Nov 201103,61295.723.31$11,960
Oct 201103,73584.983.65$13,627
Sep 201103,66483.623.99$14,604
Aug 201103,82983.404.15$15,888
Jul 201103,79094.144.52$17,120
Jun 201103,66992.904.64$17,024
May 201103,86498.134.40$17,020
Apr 201103,353105.964.33$14,529
Mar 201103,86796.364.06$15,690
Feb 201103,46885.644.18$14,496
Jan 201103,84986.504.59$17,662
Dec 201003,79085.734.35$16,478
Nov 201003,70780.843.80$14,069
Oct 201003,78478.103.51$13,278
Sep 201003,61172.633.98$14,370
Aug 201003,95173.684.42$17,461
Jul 201003,91172.554.74$18,524
Jun 201003,84970.364.91$18,900
May 201003,99371.124.24$16,911
Apr 201003,81981.694.12$15,745
Mar 201003,97178.394.39$17,427
Feb 201003,61473.585.44$19,669
Jan 201004,04674.365.96$24,131
Dec 200904,11271.445.48$22,549
Nov 200903,97274.593.75$14,901
Oct 200904,16372.544.11$17,111
Sep 200904,05365.543.06$12,421
Aug 200904,09967.423.22$13,193
Jul 200904,15861.133.46$14,405
Jun 200904,07266.163.90$15,860
May 200904,08854.743.93$16,048
Apr 200903,94446.773.59$14,149
Mar 200903,93242.144.06$15,960
Feb 200903,75232.814.63$17,383
Jan 200904,29535.865.37$23,068
Dec 200804,28437.105.98$25,606
Nov 200804,10355.496.86$28,148
Oct 200804,15675.246.92$28,768
Sep 200804,217101.767.88$33,218
Aug 200804,158114.228.48$35,272
Jul 200804,293131.0811.39$48,895
Jun 200804,181131.3313.03$54,489
May 200804,379123.1711.57$50,684
Apr 200804,092110.3110.45$42,781
Mar 200804,326101.909.66$41,807
Feb 200803,94592.538.77$34,600
Jan 200804,20390.388.21$34,489
Dec 200704,28888.337.30$31,311
Nov 200704,19391.677.29$30,574
Oct 200704,30782.856.92$29,813
Sep 200704,22875.846.24$26,400
Aug 200704,23469.066.39$27,047
Jul 200704,47370.906.39$28,573
Jun 200704,21062.007.55$31,779
May 200704,65958.747.85$36,556
Apr 200704,59159.617.81$35,834
Mar 200704,99556.927.30$36,473
Feb 200704,74955.108.22$39,018
Jan 200705,33150.306.73$35,861
Dec 200605,34856.656.92$37,000
Nov 200605,34454.207.62$40,708
Oct 200605,63454.906.01$33,882
Sep 200605,49160.085.04$27,659
Aug 200605,74068.717.34$42,131
Jul 200605,71769.376.34$36,262
Jun 200605,02966.286.38$32,105
May 200604,56666.016.42$29,337
Apr 200601,64864.397.36$12,130
Mar 200606756.707.08$475
Feb 2006025657.597.75$1,984
Jan 2006023760.598.93$2,117
Dec 2005027154.9413.42$3,636
Nov 2005024054.6910.59$2,541
Oct 2005021858.3413.80$3,007
Sep 2005020261.4512.08$2,440
Aug 2005022261.519.80$2,175
Jul 2005024755.697.84$1,937
Jun 2005027952.337.38$2,059
May 2005035045.226.65$2,328
Apr 2005035149.207.36$2,584
Mar 2005031250.377.15$2,232
Feb 2005028545.226.31$1,799
Jan 2005058943.166.32$3,724
Dec 2004092239.866.75$6,225
Nov 200401,72045.286.33$10,888
Oct 200401,54049.706.52$10,033
Sep 2004081043.245.28$4,280
Aug 200402,35242.375.55$13,055
Jul 20040338.286.08$18
Jun 2004095436.106.43$6,137
May 200403,44237.486.49$22,354
Apr 200403,74234.475.86$21,922
Mar 200405,00034.365.53$27,651
Feb 200405,32332.455.51$29,328
Jan 200405,51532.036.30$34,743
Dec 200305,70630.266.30$35,957
Nov 200305,73028.804.60$26,330
Oct 200305,98828.174.76$28,501
Sep 200305,48226.314.75$26,036
Aug 200304,16929.765.13$21,386
Jul 200305,73529.415.17$29,655
Jun 200306,12728.565.98$36,658
May 200303,24326.595.97$19,369
Apr 200304,87826.675.41$26,377
Mar 200305,39331.146.10$32,876
Feb 200305,01533.487.93$39,748
Jan 200305,37430.315.58$29,998
Dec 200203,79826.914.85$18,435
Nov 200206,39124.664.14$26,439
Oct 200206,78326.464.23$28,686
Sep 200206,45627.443.64$23,469
Aug 200206,70425.963.16$21,213
Jul 200206,50424.583.06$19,914
Jun 200206,74323.733.34$22,510
May 200207,08924.663.58$25,407
Apr 200206,11823.653.51$21,488
Mar 200206,47222.003.10$20,081
Feb 200206,04618.222.38$14,363
Jan 200206,81017.172.38$16,178
Dec 200107,13816.932.36$16,877
Nov 200105,52218.072.41$13,283
Oct 200107,33819.782.53$18,557
Sep 200107,35524.262.25$16,558
Aug 200108,32524.873.05$25,418
Jul 200107,98723.933.20$25,535
Jun 200108,05324.563.82$30,796
May 200108,39525.524.31$36,160
Apr 200108,63024.685.34$46,044
Mar 200108,98324.545.38$48,297
Feb 200107,94527.755.77$45,819
Jan 200108,36927.478.40$70,289
Dec 200009,21626.889.12$84,073
Nov 200009,63432.215.66$54,509
Oct 200009,96531.235.15$51,275
Sep 200009,79131.875.19$50,781
Aug 200009,96129.644.54$45,230
Jul 200009,34428.534.09$38,215
Jun 200009,18229.304.40$40,376
May 200008,74327.263.68$32,172
Apr 200008,78624.513.12$27,377
Mar 200009,80728.422.86$28,046
Feb 200009,35127.622.73$25,496
Jan 200009,61825.272.48$23,857
Dec 199909,65824.282.42$23,408
Nov 1999010,18423.192.43$24,788
Oct 1999010,55320.982.80$29,588
Sep 199909,94121.752.62$26,034
Aug 1999010,65819.262.88$30,648
Jul 1999012,01917.892.37$28,514
Jun 1999011,06215.942.36$26,130
May 199909,64815.792.32$22,393
Apr 199908,53015.102.21$18,835
Mar 199909,87812.471.84$18,159
Feb 199909,1829.981.82$16,691
Jan 199909,60910.381.90$18,257
Dec 1998010,3489.201.77$18,350
Nov 199809,94110.892.19$21,728
Oct 1998011,09812.421.97$21,854
Sep 1998011,20412.592.08$23,334
Aug 1998012,03811.301.91$22,961
Jul 1998011,61911.742.24$25,995
Jun 1998012,19511.242.24$27,284
May 1998014,98512.622.21$33,062
Apr 1998016,50013.042.51$41,338
Mar 1998018,34712.802.31$42,371
Feb 1998016,28313.952.30$37,437
Jan 1998020,31914.702.15$43,783
Dec 1997020,89816.322.41$50,387
Nov 199709,78218.193.09$30,209
Oct 199709,70019.253.15$30,553
Sep 199707,30217.742.95$21,577
Aug 199708,88617.862.55$22,701
Jul 199706,26517.582.25$14,077
Jun 199702,66517.242.26$6,015
May 199711,30518.972.31$3,032

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                4,585 Mcf  × $  3.05 =    $13,965

────────────────────────────────────────────────────
Month total                                  $13,965

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/165062 is the state's own key, not one this site invented.