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 168514District 04Field 449575002 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.4 M
Jan 1998 – May 2026
Value, last 12 filed months
$39 k
at the published price for each month
Months reported
341
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 Gas111998-07-09139096
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
CondensateDisposition4 bbl$306
GasProduction920,734 Mcf$3,429,850
Total$3,430,156

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 27.1371, -99.4174. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.13711, -99.41742 · 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
9,227 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 9,227 ft.

Completions filed
Jan 1998
1 of 1 wells

1 well

42-50533714909,227 ftJan 1998

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 (341)

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

341 months

May 20260652106.413.05$1,986
Apr 20260098.932.87$0
Mar 2026085189.753.15$2,680
Feb 2026076163.503.75$2,854
Jan 2026093759.138.00$7,494
Dec 2025082456.664.41$3,637
Nov 202501,24858.593.93$4,900
Oct 2025098059.383.30$3,239
Sep 2025074862.743.08$2,302
Aug 202501,16463.933.01$3,509
Jul 202501,08166.743.32$3,584
Jun 2025091166.483.13$2,850
May 2025093160.553.23$3,009
Apr 202501,23062.363.54$4,358
Mar 202501,35867.704.27$5,796
Feb 2025084670.884.34$3,672
Jan 2025097274.324.28$4,159
Dec 202401,02568.993.12$3,199
Nov 202401,19669.052.20$2,629
Oct 202401,41571.372.28$3,228
Sep 2024064369.612.36$1,520
Aug 2024026375.632.06$543
Jul 2024087979.932.15$1,887
Jun 2024034678.082.63$911
May 2024057378.812.20$1,260
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 2023025280.522.67$674
Jul 2023035074.852.64$925
Jun 2023094068.962.26$2,123
May 202301,04770.622.23$2,332
Apr 202301,02778.122.24$2,298
Mar 202301,13672.852.39$2,719
Feb 2023058875.112.47$1,450
Jan 2023039076.533.39$1,321
Dec 2022040376.415.73$2,309
Nov 2022070685.005.65$3,986
Oct 2022039387.185.86$2,304
Sep 2022026584.888.16$2,163
Aug 2022039194.529.13$3,569
Jul 202201,058101.587.54$7,980
Jun 202201,131115.097.98$9,022
May 20220607109.378.43$5,119
Apr 20220599104.226.84$4,096
Mar 20220646108.885.08$3,279
Feb 2022051991.054.86$2,522
Jan 2022057181.844.54$2,591
Dec 2021050671.323.90$1,973
Nov 2021054877.435.24$2,870
Oct 2021050279.795.71$2,868
Sep 2021070269.865.35$3,756
Aug 2021064966.024.22$2,739
Jul 2021052770.783.98$2,099
Jun 2021044769.493.38$1,511
May 2021060363.483.02$1,820
Apr 2021034660.362.76$954
Mar 2021040661.302.72$1,103
Feb 2021040057.805.55$2,219
Jan 2021060450.412.81$1,697
Dec 2020042144.642.68$1,126
Nov 2020042438.772.71$1,148
Oct 2020152336.972.48$1,333
Sep 2020042737.091.99$850
Aug 2020038639.982.39$921
Jul 2020052238.371.83$953
Jun 2020062434.901.69$1,055
May 2020052216.921.81$947
Apr 2020042814.751.80$772
Mar 2020050230.341.86$932
Feb 2020054649.881.98$1,081
Jan 2020065857.252.09$1,378
Dec 2019077359.012.30$1,781
Nov 2019056455.302.75$1,551
Oct 2019077853.472.42$1,882
Sep 2019086555.052.66$2,299
Aug 2019097353.112.30$2,242
Jul 201901,19956.272.46$2,950
Jun 2019070652.782.49$1,759
May 2019076958.482.74$2,107
Apr 2019088762.632.75$2,440
Mar 201901,33256.803.06$4,079
Feb 201901,00450.852.79$2,803
Jan 201901,37646.033.23$4,442
Dec 201801,31846.594.19$5,516
Nov 2018090052.934.24$3,814
Oct 2018089661.443.40$3,045
Sep 2018090559.543.11$2,813
Aug 2018089359.403.07$2,738
Jul 2018093665.142.93$2,744
Jun 2018088060.183.08$2,708
May 2018092165.382.90$2,672
Apr 2018090863.842.90$2,634
Mar 2018090661.222.79$2,525
Feb 2018085561.782.77$2,365
Jan 2018098162.874.01$3,933
Dec 2017068057.272.92$1,987
Nov 2017069655.423.12$2,170
Oct 2017087749.292.98$2,617
Sep 2017081047.523.09$2,501
Aug 2017085145.373.00$2,557
Jul 2017077243.873.09$2,383
Jun 2017092542.493.09$2,856
May 2017088045.373.26$2,872
Apr 2017091847.933.21$2,948
Mar 201701,09146.772.98$3,255
Feb 2017083250.452.95$2,457
Jan 2017097049.413.42$3,316
Dec 2016088748.763.72$3,302
Nov 2016096842.492.64$2,560
Oct 2016095746.193.09$2,957
Sep 2016088441.553.10$2,741
Aug 201601,03741.442.92$3,033
Jul 2016083341.622.92$2,436
Jun 2016093145.352.69$2,501
May 2016093642.521.99$1,864
Apr 2016085936.561.99$1,710
Mar 2016088033.011.79$1,579
Feb 2016083626.472.06$1,725
Jan 201601,13327.352.36$2,679
Dec 201501,18932.362.00$2,380
Nov 201501,08538.792.17$2,352
Oct 201501,03443.552.43$2,509
Sep 201501,14642.992.76$3,161
Aug 201501,15240.162.87$3,309
Jul 201501,28648.152.95$3,787
Jun 201501,19656.152.88$3,448
May 201501,21955.212.96$3,603
Apr 2015085549.822.71$2,314
Mar 2015083842.892.93$2,459
Feb 2015073744.662.98$2,193
Jan 201501,03843.433.10$3,218
Dec 201401,10854.693.59$3,979
Nov 201401,08970.464.25$4,630
Oct 201411,11978.303.90$4,443
Sep 201401,04786.164.05$4,236
Aug 201401,27589.394.04$5,145
Jul 201401,20696.564.18$5,041
Jun 201411,03598.164.74$5,001
May 201401,20094.734.73$5,672
Apr 2014098695.944.81$4,742
Mar 201401,41095.895.06$7,130
Feb 201401,31597.406.19$8,142
Jan 201401,27890.404.86$6,212
Dec 2013043991.824.35$1,912
Nov 2013045588.853.74$1,701
Oct 2013072997.423.78$2,755
Sep 20130955104.113.72$3,550
Aug 20130136104.253.52$479
Jul 201300102.523.72$0
Jun 2013042694.403.93$1,676
May 2013070194.834.15$2,909
Apr 201301,25093.964.28$5,353
Mar 2013051093.623.91$1,996
Feb 201301,11791.233.42$3,820
Jan 2013099991.603.42$3,416
Dec 2012047886.773.42$1,635
Nov 201201,33886.953.62$4,850
Oct 201201,30589.383.40$4,437
Sep 201201,20394.672.92$3,511
Aug 201211,33192.662.91$3,963
Jul 201201,45385.133.02$4,389
Jun 201201,57279.822.52$3,960
May 201201,38591.612.49$3,446
Apr 201201,443101.652.00$2,881
Mar 201201,406105.052.22$3,124
Feb 201201,412101.102.57$3,629
Jan 201201,50298.092.73$4,107
Dec 201101,56796.873.24$5,077
Nov 201101,54295.723.31$5,106
Oct 201101,45384.983.65$5,301
Sep 201101,52683.623.99$6,082
Aug 201101,43583.404.15$5,954
Jul 201101,61394.144.52$7,286
Jun 201101,35092.904.64$6,264
May 201101,61298.134.40$7,101
Apr 201101,561105.964.33$6,764
Mar 201101,65596.364.06$6,715
Feb 201101,48185.644.18$6,191
Jan 201101,58686.504.59$7,278
Dec 201001,59185.734.35$6,917
Nov 201001,55980.843.80$5,917
Oct 201001,55878.103.51$5,467
Sep 201001,54472.633.98$6,144
Aug 201001,65173.684.42$7,296
Jul 201001,69972.554.74$8,047
Jun 201001,55770.364.91$7,645
May 201001,68771.124.24$7,145
Apr 201001,61781.694.12$6,666
Mar 201001,70778.394.39$7,491
Feb 201001,56573.585.44$8,517
Jan 201001,86474.365.96$11,117
Dec 200901,91471.445.48$10,496
Nov 200901,86674.593.75$7,000
Oct 200901,93672.544.11$7,957
Sep 200901,89665.543.06$5,811
Aug 200901,95867.423.22$6,302
Jul 200901,96461.133.46$6,804
Jun 200901,87866.163.90$7,315
May 200901,91954.743.93$7,534
Apr 200901,86646.773.59$6,694
Mar 200901,94342.144.06$7,887
Feb 200901,73632.814.63$8,043
Jan 200901,96735.865.37$10,565
Dec 200802,02037.105.98$12,074
Nov 200801,51355.496.86$10,380
Oct 200801,95275.246.92$13,512
Sep 200801,935101.767.88$15,242
Aug 200801,831114.228.48$15,532
Jul 200801,934131.0811.39$22,027
Jun 200801,928131.3313.03$25,127
May 200801,847123.1711.57$21,378
Apr 200801,884110.3110.45$19,697
Mar 200802,038101.909.66$19,695
Feb 200801,93792.538.77$16,989
Jan 200801,99690.388.21$16,379
Dec 200701,85788.337.30$13,560
Nov 200701,92391.677.29$14,022
Oct 200701,89982.856.92$13,145
Sep 200701,89375.846.24$11,820
Aug 200701,69569.066.39$10,828
Jul 200701,98070.906.39$12,648
Jun 200701,94162.007.55$14,652
May 200702,04258.747.85$16,022
Apr 200701,89259.617.81$14,767
Mar 200702,11356.927.30$15,429
Feb 200701,85055.108.22$15,200
Jan 200702,08750.306.73$14,039
Dec 200602,18056.656.92$15,082
Nov 200602,17554.207.62$16,568
Oct 200602,24754.906.01$13,513
Sep 200602,17160.085.04$10,936
Aug 200602,19268.717.34$16,089
Jul 200602,10969.376.34$13,377
Jun 200602,19766.286.38$14,025
May 200602,34766.016.42$15,079
Apr 200602,26664.397.36$16,679
Mar 200602,14956.707.08$15,221
Feb 200602,23357.597.75$17,308
Jan 200602,21960.598.93$19,823
Dec 200501,91754.9413.42$25,717
Nov 200501,90854.6910.59$20,203
Oct 200501,94058.3413.80$26,764
Sep 200501,86561.4512.08$22,527
Aug 200502,01261.519.80$19,711
Jul 200502,18855.697.84$17,162
Jun 200502,56852.337.38$18,955
May 200502,94945.226.65$19,614
Apr 200501,34749.207.36$9,915
Mar 200501,50950.377.15$10,797
Feb 200501,41445.226.31$8,925
Jan 200501,71143.166.32$10,817
Dec 200401,79639.866.75$12,125
Nov 200401,74645.286.33$11,053
Oct 200402,11349.706.52$13,766
Sep 200402,63543.245.28$13,923
Aug 200401,72942.375.55$9,597
Jul 200401,77438.286.08$10,793
Jun 200402,72436.106.43$17,524
May 200402,80937.486.49$18,243
Apr 200402,68334.475.86$15,718
Mar 200402,64234.365.53$14,611
Feb 200402,40832.455.51$13,267
Jan 200402,60332.036.30$16,398
Dec 200302,81530.266.30$17,739
Nov 200302,75428.804.60$12,655
Oct 200303,06128.174.76$14,569
Sep 200302,53326.314.75$12,030
Aug 200303,05729.765.13$15,682
Jul 200302,97629.415.17$15,388
Jun 200303,08528.565.98$18,457
May 200303,13426.595.97$18,718
Apr 200302,57926.675.41$13,945
Mar 200302,91631.146.10$17,776
Feb 200302,71233.487.93$21,495
Jan 200303,17930.315.58$17,745
Dec 200203,28926.914.85$15,964
Nov 200203,24624.664.14$13,429
Oct 200203,37026.464.23$14,252
Sep 200203,30227.443.64$12,003
Aug 200203,16825.963.16$10,024
Jul 200203,53524.583.06$10,823
Jun 200203,36223.733.34$11,223
May 200203,33224.663.58$11,942
Apr 200203,65723.653.51$12,845
Mar 200204,02722.003.10$12,495
Feb 200203,85418.222.38$9,156
Jan 200204,51917.172.38$10,736
Dec 200104,33916.932.36$10,259
Nov 200103,50018.072.41$8,419
Oct 200102,16819.782.53$5,483
Sep 2001024324.262.25$547
Aug 200104,39324.873.05$13,413
Jul 200107,92523.933.20$25,337
Jun 200104,46324.563.82$17,067
May 200104,69925.524.31$20,240
Apr 200104,65224.685.34$24,820
Mar 200105,00524.545.38$26,909
Feb 200104,63627.755.77$26,736
Jan 200105,31027.478.40$44,597
Dec 200005,44126.889.12$49,636
Nov 200005,32732.215.66$30,140
Oct 200005,63731.235.15$29,005
Sep 200005,85931.875.19$30,388
Aug 200006,26529.644.54$28,448
Jul 200006,34928.534.09$25,966
Jun 200006,28129.304.40$27,619
May 200006,58827.263.68$24,242
Apr 200006,50924.513.12$20,282
Mar 200006,97228.422.86$19,938
Feb 200006,65527.622.73$18,145
Jan 200007,69325.272.48$19,082
Dec 199908,08624.282.42$19,598
Nov 199908,18623.192.43$19,925
Oct 199908,68020.982.80$24,336
Sep 199909,13921.752.62$23,934
Aug 199909,31619.262.88$26,789
Jul 199909,42017.892.37$22,348
Jun 199909,79815.942.36$23,144
May 1999010,75115.792.32$24,953
Apr 1999011,79615.102.21$26,046
Mar 1999012,48912.471.84$22,959
Feb 1999014,2749.981.82$25,947
Jan 1999016,80610.381.90$31,931
Dec 1998010,3809.201.77$18,407
Nov 1998011,07110.892.19$24,198
Oct 199806,56612.421.97$12,930
Sep 1998010,13812.592.08$21,114
Aug 199802,80011.301.91$5,341
Jul 199807,38811.742.24$16,529
Jun 1998016,62711.242.24$37,199
May 1998020,63212.622.21$45,521
Apr 1998024,86313.042.51$62,290
Mar 1998033,10612.802.31$76,456
Feb 1998041,79713.952.30$96,097
Jan 1998076,53714.702.15$164,921

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                  652 Mcf  × $  3.05 =     $1,986

────────────────────────────────────────────────────
Month total                                   $1,986

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/168514 is the state's own key, not one this site invented.