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 170044District 04Field 449575002 tax incentive programmesCondensateGasSaveExport
Value, all time
$520 k
Aug 1998 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
334
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 Gas111999-03-11140174
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
CondensateDisposition1 bbl$18
GasProduction167,583 Mcf$520,075
Total$520,093

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 27.1402, -99.3987. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.14016, -99.39871 · 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
10,523 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 10,523 ft.

Completions filed
Aug 1998
1 of 1 wells

1 well

42-505338289910,523 ftAug 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 (334)

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

334 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
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 20240078.812.20$0
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 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 200901871.445.48$99
Nov 2009013374.593.75$499
Oct 2009027172.544.11$1,114
Sep 20090065.543.06$0
Aug 200904367.423.22$138
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090354.743.93$12
Apr 20090046.773.59$0
Mar 20090142.144.06$4
Feb 20090332.814.63$14
Jan 20090035.865.37$0
Dec 20080637.105.98$36
Nov 200803855.496.86$261
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 20080103131.0811.39$1,173
Jun 20080102131.3313.03$1,329
May 20080169123.1711.57$1,956
Apr 20080122110.3110.45$1,275
Mar 20080174101.909.66$1,682
Feb 2008010392.538.77$903
Jan 2008012690.388.21$1,034
Dec 2007017488.337.30$1,271
Nov 2007012891.677.29$933
Oct 2007020682.856.92$1,426
Sep 2007013575.846.24$843
Aug 2007017469.066.39$1,112
Jul 2007016070.906.39$1,022
Jun 2007015062.007.55$1,132
May 2007021558.747.85$1,687
Apr 2007020459.617.81$1,592
Mar 2007016556.927.30$1,205
Feb 2007018655.108.22$1,528
Jan 2007017850.306.73$1,197
Dec 2006020156.656.92$1,391
Nov 2006023354.207.62$1,775
Oct 2006031554.906.01$1,894
Sep 2006017560.085.04$882
Aug 2006018968.717.34$1,387
Jul 2006018269.376.34$1,154
Jun 2006022966.286.38$1,462
May 2006018166.016.42$1,163
Apr 2006021964.397.36$1,612
Mar 2006026256.707.08$1,856
Feb 2006015857.597.75$1,225
Jan 2006023360.598.93$2,081
Dec 2005023054.9413.42$3,086
Nov 2005026254.6910.59$2,774
Oct 2005021458.3413.80$2,952
Sep 2005019861.4512.08$2,392
Aug 2005024961.519.80$2,439
Jul 2005030955.697.84$2,424
Jun 2005029252.337.38$2,155
May 2005029345.226.65$1,949
Apr 2005032349.207.36$2,377
Mar 2005034850.377.15$2,490
Feb 2005036645.226.31$2,310
Jan 2005047543.166.32$3,003
Dec 2004045139.866.75$3,045
Nov 2004010945.286.33$690
Oct 2004026049.706.52$1,694
Sep 2004011843.245.28$624
Aug 2004048242.375.55$2,675
Jul 2004034938.286.08$2,123
Jun 2004033836.106.43$2,174
May 2004037337.486.49$2,422
Apr 2004038834.475.86$2,273
Mar 2004062034.365.53$3,429
Feb 2004058632.455.51$3,229
Jan 2004055632.036.30$3,503
Dec 2003037930.266.30$2,388
Nov 2003039128.804.60$1,797
Oct 2003054228.174.76$2,580
Sep 2003039726.314.75$1,886
Aug 2003057529.765.13$2,950
Jul 2003063729.415.17$3,294
Jun 2003064928.565.98$3,883
May 2003065226.595.97$3,894
Apr 2003070026.675.41$3,785
Mar 2003053531.146.10$3,261
Feb 2003042233.487.93$3,345
Jan 2003070930.315.58$3,958
Dec 2002070426.914.85$3,417
Nov 2002089024.664.14$3,682
Oct 2002099026.464.23$4,187
Sep 200201,05327.443.64$3,828
Aug 200201,18325.963.16$3,743
Jul 2002072224.583.06$2,211
Jun 2002041223.733.34$1,375
May 2002056324.663.58$2,018
Apr 2002052123.653.51$1,830
Mar 2002053022.003.10$1,644
Feb 2002046118.222.38$1,095
Jan 2002048717.172.38$1,157
Dec 2001034416.932.36$813
Nov 2001052818.072.41$1,270
Oct 2001053519.782.53$1,353
Sep 2001052524.262.25$1,182
Aug 2001066424.873.05$2,027
Jul 2001064323.933.20$2,056
Jun 2001064124.563.82$2,451
May 2001073925.524.31$3,183
Apr 2001083424.685.34$4,450
Mar 2001093524.545.38$5,027
Feb 2001096527.755.77$5,565
Jan 2001094527.478.40$7,937
Dec 200001,27126.889.12$11,595
Nov 200001,33232.215.66$7,536
Oct 200001,42031.235.15$7,307
Sep 200001,43131.875.19$7,422
Aug 200001,55329.644.54$7,052
Jul 200001,61428.534.09$6,601
Jun 200001,51329.304.40$6,653
May 200001,79027.263.68$6,587
Apr 200001,88324.513.12$5,867
Mar 200001,98728.422.86$5,682
Feb 200001,97527.622.73$5,385
Jan 200002,10925.272.48$5,231
Dec 199901,78724.282.42$4,331
Nov 199902,11623.192.43$5,150
Oct 199902,61320.982.80$7,326
Sep 199902,76121.752.62$7,231
Aug 199902,94219.262.88$8,460
Jul 199912,87717.892.37$6,843
Jun 199903,62015.942.36$8,551
May 199904,08515.792.32$9,481
Apr 199904,28315.102.21$9,457
Mar 199905,10312.471.84$9,381
Feb 199904,4059.981.82$8,007
Jan 199905,90510.381.90$11,219
Dec 199807,3119.201.77$12,965
Nov 199809,26910.892.19$20,259
Oct 1998012,33112.421.97$24,282
Sep 1998019,51312.592.08$40,638
Aug 1998019,12611.301.91$36,480

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.

Dec 2009 — as filed, then multipliedworked
Condensate             0 bbl  × $ 71.44 =         $0
Gas                   18 Mcf  × $  5.48 =        $99

────────────────────────────────────────────────────
Month total                                      $99

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/170044 is the state's own key, not one this site invented.