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 169896District 04Field 449575002 tax incentive programmesCondensateGasSaveExport
Value, all time
$16.9 M
Mar 1998 – May 2026
Value, last 12 filed months
$228 k
at the published price for each month
Months reported
339
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 Gas111999-01-21139699
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
CondensateDisposition67 bbl$4,475
GasProduction4,231,914 Mcf$16,929,647
Total$16,934,122

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 27.1431, -99.3578. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.14315, -99.35781 · 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
10,702 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 10,702 ft.

Completions filed
Mar 1998
1 of 1 wells

1 well

42-505337479210,702 ftMar 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 (339)

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

339 months

May 202604,571106.413.05$13,923
Apr 20260098.932.87$0
Mar 202605,77089.753.15$18,172
Feb 202604,35563.503.75$16,333
Jan 202605,68259.138.00$45,444
Dec 202505,43656.664.41$23,991
Nov 202505,98858.593.93$23,512
Oct 202506,24759.383.30$20,645
Sep 202503,73862.743.08$11,502
Aug 2025296,04363.933.01$20,072
Jul 202505,67166.743.32$18,801
Jun 202505,10466.483.13$15,969
May 202505,99160.553.23$19,365
Apr 202506,56762.363.54$23,268
Mar 202507,12467.704.27$30,408
Feb 202505,62370.884.34$24,409
Jan 202505,33374.324.28$22,818
Dec 202406,21768.993.12$19,406
Nov 202406,83769.052.20$15,031
Oct 202407,30471.372.28$16,663
Sep 202407,56169.612.36$17,877
Aug 202404,72275.632.06$9,744
Jul 202406,98679.932.15$14,996
Jun 202404,88078.082.63$12,854
May 202403,43178.812.20$7,543
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 2023092080.522.67$2,459
Jul 202301,79874.852.64$4,750
Jun 202303,80668.962.26$8,596
May 202303,84870.622.23$8,571
Apr 202303,55778.122.24$7,960
Mar 202303,87772.852.39$9,278
Feb 202304,33775.112.47$10,694
Jan 202304,29976.533.39$14,564
Dec 202204,19676.415.73$24,039
Nov 202204,43885.005.65$25,058
Oct 202204,91887.185.86$28,838
Sep 202204,33684.888.16$35,398
Aug 202204,59694.529.13$41,948
Jul 202204,456101.587.54$33,608
Jun 202204,323115.097.98$34,485
May 202205,071109.378.43$42,764
Apr 202204,649104.226.84$31,788
Mar 202204,795108.885.08$24,341
Feb 202204,53191.054.86$22,015
Jan 202204,82481.844.54$21,890
Dec 202104,49171.323.90$17,511
Nov 202104,53777.435.24$23,760
Oct 202104,13579.795.71$23,627
Sep 202104,56169.865.35$24,406
Aug 202104,75166.024.22$20,052
Jul 202103,03270.783.98$12,074
Jun 202103,10569.493.38$10,497
May 202103,20763.483.02$9,678
Apr 202103,42760.362.76$9,453
Mar 202103,54861.302.72$9,640
Feb 202103,54557.805.55$19,667
Jan 202104,92150.412.81$13,829
Dec 202025,40444.642.68$14,547
Nov 202005,22338.772.71$14,136
Oct 202085,60736.972.48$14,192
Sep 202005,48737.091.99$10,925
Aug 202005,04639.982.39$12,035
Jul 202005,51838.371.83$10,071
Jun 202006,35234.901.69$10,737
May 202006,96316.921.81$12,636
Apr 202007,35114.751.80$13,264
Mar 202004,96430.341.86$9,214
Feb 202004,98549.881.98$9,874
Jan 202005,96557.252.09$12,495
Dec 201906,73459.012.30$15,518
Nov 2019014,95755.302.75$41,142
Oct 2019018,00653.472.42$43,548
Sep 2019029,24255.052.66$77,704
Aug 2019022453.112.30$516
Jul 2019029656.272.46$728
Jun 2019028052.782.49$698
May 2019031158.482.74$852
Apr 2019032762.632.75$899
Mar 2019031256.803.06$955
Feb 2019025950.852.79$723
Jan 2019035746.033.23$1,152
Dec 2018036846.594.19$1,540
Nov 2018035352.934.24$1,496
Oct 2018032261.443.40$1,094
Sep 2018037959.543.11$1,178
Aug 2018036659.403.07$1,122
Jul 2018048065.142.93$1,407
Jun 2018038460.183.08$1,182
May 2018046765.382.90$1,355
Apr 2018041163.842.90$1,192
Mar 2018046361.222.79$1,290
Feb 2018044161.782.77$1,220
Jan 2018049862.874.01$1,997
Dec 2017054657.272.92$1,595
Nov 2017057555.423.12$1,793
Oct 2017056649.292.98$1,689
Sep 2017048247.523.09$1,488
Aug 2017047145.373.00$1,415
Jul 2017041543.873.09$1,281
Jun 2017044442.493.09$1,371
May 2017022845.373.26$744
Apr 2017099547.933.21$3,196
Mar 201704,76146.772.98$14,205
Feb 201704,78450.452.95$14,125
Jan 201705,17949.413.42$17,706
Dec 201604,31448.763.72$16,060
Nov 201604,80942.492.64$12,717
Oct 201604,89746.193.09$15,133
Sep 201604,57341.553.10$14,179
Aug 201605,14741.442.92$15,052
Jul 201605,04541.622.92$14,753
Jun 201605,06145.352.69$13,593
May 201605,74542.521.99$11,439
Apr 201605,45236.561.99$10,855
Mar 201602,36733.011.79$4,246
Feb 201604,57226.472.06$9,435
Jan 201606,17527.352.36$14,600
Dec 201505,77632.362.00$11,560
Nov 201504,99338.792.17$10,821
Oct 201506,35543.552.43$15,421
Sep 201506,45642.992.76$17,808
Aug 201506,00440.162.87$17,246
Jul 201506,55148.152.95$19,293
Jun 201507,06656.152.88$20,370
May 201506,80855.212.96$20,121
Apr 201506,04549.822.71$16,361
Mar 201505,99842.892.93$17,602
Feb 201505,68344.662.98$16,914
Jan 201505,81043.433.10$18,015
Dec 201407,94054.693.59$28,515
Nov 201405,93170.464.25$25,218
Oct 201467,57778.303.90$30,027
Sep 201406,82786.164.05$27,618
Aug 201407,05289.394.04$28,456
Jul 201407,44196.564.18$31,100
Jun 201477,03398.164.74$34,002
May 201407,81294.734.73$36,924
Apr 201407,94995.944.81$38,228
Mar 201407,61595.895.06$38,508
Feb 201408,52097.406.19$52,756
Jan 201405,94790.404.86$28,907
Dec 201306,84091.824.35$29,785
Nov 201309,47788.853.74$35,428
Oct 2013010,46597.423.78$39,551
Sep 201306,251104.113.72$23,240
Aug 201303,467104.253.52$12,213
Jul 201300102.523.72$0
Jun 201304,16694.403.93$16,387
May 201308,38494.834.15$34,786
Apr 201308,13293.964.28$34,826
Mar 201356,82993.623.91$27,189
Feb 201307,39791.233.42$25,297
Jan 201307,15891.603.42$24,480
Dec 201207,14586.773.42$24,437
Nov 201207,53186.953.62$27,300
Oct 201218,06889.383.40$27,518
Sep 201217,35994.672.92$21,571
Aug 201247,32492.662.91$21,670
Jul 201207,97885.133.02$24,100
Jun 201208,30579.822.52$20,921
May 201208,47691.612.49$21,091
Apr 201208,391101.652.00$16,755
Mar 201207,806105.052.22$17,346
Feb 201208,007101.102.57$20,580
Jan 201208,11498.092.73$22,184
Dec 201108,61796.873.24$27,917
Nov 201108,65095.723.31$28,643
Oct 201107,97584.983.65$29,097
Sep 201107,56383.623.99$30,145
Aug 201108,29483.404.15$34,414
Jul 201108,59394.144.52$38,817
Jun 201107,49892.904.64$34,790
May 201108,35698.134.40$36,807
Apr 201107,801105.964.33$33,804
Mar 201108,25296.364.06$33,481
Feb 201107,31185.644.18$30,560
Jan 201108,85486.504.59$40,629
Dec 201009,29785.734.35$40,421
Nov 201009,46180.843.80$35,908
Oct 201009,68478.103.51$33,980
Sep 201009,99972.633.98$39,791
Aug 201008,86573.684.42$39,178
Jul 201009,29472.554.74$44,021
Jun 201009,66770.364.91$47,469
May 2010010,22771.124.24$43,314
Apr 201008,55081.694.12$35,249
Mar 2010010,34178.394.39$45,383
Feb 201009,27773.585.44$50,489
Jan 2010010,42274.365.96$62,158
Dec 2009011,47071.445.48$62,899
Nov 2009011,00774.593.75$41,293
Oct 2009010,26172.544.11$42,175
Sep 2009010,79665.543.06$33,087
Aug 2009011,68267.423.22$37,599
Jul 2009010,30161.133.46$35,688
Jun 2009012,56366.163.90$48,933
May 2009010,04054.743.93$39,415
Apr 200906,80746.773.59$24,420
Mar 2009010,25042.144.06$41,605
Feb 200909,51432.814.63$44,078
Jan 2009010,45635.865.37$56,159
Dec 2008011,64737.105.98$69,616
Nov 2008010,36355.496.86$71,094
Oct 2008010,50575.246.92$72,715
Sep 2008011,250101.767.88$88,617
Aug 2008011,167114.228.48$94,730
Jul 2008011,122131.0811.39$126,673
Jun 2008011,235131.3313.03$146,422
May 2008011,833123.1711.57$136,959
Apr 2008011,923110.3110.45$124,653
Mar 2008011,417101.909.66$110,335
Feb 2008011,48492.538.77$100,721
Jan 2008012,57590.388.21$103,187
Dec 2007012,64388.337.30$92,319
Nov 2007011,76391.677.29$85,772
Oct 2007013,78882.856.92$95,440
Sep 2007013,26375.846.24$82,816
Aug 2007013,27269.066.39$84,781
Jul 2007015,12270.906.39$96,598
Jun 2007012,90762.007.55$97,428
May 2007015,61858.747.85$122,543
Apr 2007015,20059.617.81$118,639
Mar 2007014,51356.927.30$105,973
Feb 2007014,46255.108.22$118,820
Jan 2007016,05550.306.73$108,000
Dec 2006017,13756.656.92$118,561
Nov 2006016,55154.207.62$126,077
Oct 2006018,88554.906.01$113,571
Sep 2006019,37760.085.04$97,606
Aug 2006022,64968.717.34$166,242
Jul 2006026,97369.376.34$171,083
Jun 2006030,97366.286.38$197,728
May 2006051,44466.016.42$330,528
Apr 2006064,72664.397.36$476,414
Mar 200603,45456.707.08$24,464
Feb 200603,74057.597.75$28,989
Jan 200603,69260.598.93$32,982
Dec 200504,44754.9413.42$59,658
Nov 200503,92254.6910.59$41,528
Oct 200504,79758.3413.80$66,178
Sep 200504,63361.4512.08$55,962
Aug 200504,68061.519.80$45,849
Jul 200504,97255.697.84$38,999
Jun 200504,89452.337.38$36,123
May 200503,16445.226.65$21,044
Apr 200503,71049.207.36$27,307
Mar 200504,27150.377.15$30,558
Feb 200504,10945.226.31$25,936
Jan 200504,83343.166.32$30,555
Dec 200404,87639.866.75$32,918
Nov 200405,14845.286.33$32,589
Oct 200404,93749.706.52$32,165
Sep 200405,77243.245.28$30,499
Aug 200405,50542.375.55$30,556
Jul 200405,27238.286.08$32,076
Jun 200405,13836.106.43$33,053
May 200405,26937.486.49$34,220
Apr 200405,39834.475.86$31,624
Mar 200405,71834.365.53$31,621
Feb 200405,56232.455.51$30,645
Jan 200405,90832.036.30$37,218
Dec 200306,10730.266.30$38,484
Nov 200305,97028.804.60$27,433
Oct 200306,50528.174.76$30,961
Sep 2003010,44326.314.75$49,598
Aug 2003015,39329.765.13$78,962
Jul 2003016,23029.415.17$83,923
Jun 2003016,50028.565.98$98,719
May 2003016,94626.595.97$101,213
Apr 2003016,21526.675.41$87,679
Mar 2003016,45931.146.10$100,335
Feb 2003015,34433.487.93$121,615
Jan 2003016,74330.315.58$93,460
Dec 2002017,06926.914.85$82,849
Nov 2002016,84324.664.14$69,679
Oct 2002016,43126.464.23$69,489
Sep 2002016,42127.443.64$59,694
Aug 2002016,35825.963.16$51,759
Jul 2002012,53524.583.06$38,379
Jun 2002017,67323.733.34$58,997
May 2002022,16424.663.58$79,436
Apr 2002021,36723.653.51$75,048
Mar 2002020,94422.003.10$64,983
Feb 2002020,82618.222.38$49,476
Jan 2002018,85317.172.38$44,789
Dec 2001023,58716.932.36$55,769
Nov 2001020,83918.072.41$50,129
Oct 2001024,13119.782.53$61,024
Sep 2001022,12124.262.25$49,801
Aug 2001025,92824.873.05$79,162
Jul 2001024,59823.933.20$78,642
Jun 2001023,02224.563.82$88,040
May 2001026,09325.524.31$112,391
Apr 2001024,24724.685.34$129,366
Mar 2001027,19824.545.38$146,228
Feb 2001023,84727.755.77$137,528
Jan 2001027,57127.478.40$231,562
Dec 2000029,20926.889.12$266,459
Nov 2000028,48532.215.66$161,168
Oct 2000030,34731.235.15$156,150
Sep 2000028,26031.875.19$146,570
Aug 2000031,01729.644.54$140,840
Jul 2000031,71128.534.09$129,690
Jun 2000032,85129.304.40$144,454
May 2000033,67327.263.68$123,908
Apr 2000034,24724.513.12$106,714
Mar 2000035,37628.422.86$101,167
Feb 2000035,45727.622.73$96,674
Jan 2000036,93325.272.48$91,612
Dec 1999039,01824.282.42$94,569
Nov 1999039,87223.192.43$97,048
Oct 1999041,76220.982.80$117,089
Sep 1999041,83121.752.62$109,549
Aug 1999045,10419.262.88$129,701
Jul 1999140,83817.892.37$96,901
Jun 1999038,72615.942.36$91,475
May 1999046,73115.792.32$108,464
Apr 1999047,18615.102.21$104,189
Mar 1999052,45012.471.84$96,420
Feb 1999050,6589.981.82$92,086
Jan 1999058,44810.381.90$111,048
Dec 1998059,9769.201.77$106,357
Nov 1998062,35110.892.19$136,282
Oct 1998069,30112.421.97$136,468
Sep 1998075,31312.592.08$156,848
Aug 1998047,64911.301.91$90,883
Jul 1998059,03911.742.24$132,086
Jun 1998075,65211.242.24$169,254
May 19980110,99012.622.21$244,882
Apr 19980191,97213.042.51$480,953
Mar 1998317,32212.802.31$40,043

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                4,571 Mcf  × $  3.05 =    $13,923

────────────────────────────────────────────────────
Month total                                  $13,923

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/169896 is the state's own key, not one this site invented.