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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 177523District 04Field 449575002 tax incentive programmesCondensateGasSaveExport
Value, all time
$13.3 M
Jun 2000 – May 2026
Value, last 12 filed months
$15 k
at the published price for each month
Months reported
312
no gaps in the span
Streams
2
condensate, gas

The J. C. MARTIN (LOBO) field

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 Gas112000-11-27142744
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
CondensateDisposition13 bbl$976
GasProduction2,678,428 Mcf$13,272,250
Total$13,273,226

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 27.1148, -99.4036. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.11476, -99.40358 · 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
9,750 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 9,750 ft.

Completions filed
Jun 2000
1 of 1 wells

1 well

42-505341271129,750 ftJun 2000——

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 (312)

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

312 months

May 20260292106.413.05$889
Apr 20260098.932.87$0
Mar 2026032789.753.15$1,030
Feb 2026030063.503.75$1,125
Jan 2026034059.138.00$2,719
Dec 2025032756.664.41$1,443
Nov 2025036558.593.93$1,433
Oct 2025041359.383.30$1,365
Sep 2025016862.743.08$517
Aug 2025037363.933.01$1,125
Jul 2025053166.743.32$1,760
Jun 2025050866.483.13$1,589
May 2025061060.553.23$1,972
Apr 2025066362.363.54$2,349
Mar 2025066667.704.27$2,843
Feb 2025059670.884.34$2,587
Jan 2025060774.324.28$2,597
Dec 2024075868.993.12$2,366
Nov 2024067969.052.20$1,493
Oct 202401,04171.372.28$2,375
Sep 2024096169.612.36$2,272
Aug 2024075575.632.06$1,558
Jul 20240079.932.15$0
Jun 202403878.082.63$100
May 202401,79578.812.20$3,946
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 202301,24980.522.67$3,338
Jul 2023097274.852.64$2,568
Jun 202302,10268.962.26$4,747
May 202302,14470.622.23$4,776
Apr 202302,13378.122.24$4,773
Mar 202302,23272.852.39$5,342
Feb 202302,18275.112.47$5,380
Jan 202302,23776.533.39$7,578
Dec 202201,98276.415.73$11,355
Nov 202201,97185.005.65$11,129
Oct 202202,34587.185.86$13,751
Sep 202201,78184.888.16$14,540
Aug 202201,83594.529.13$16,748
Jul 202201,999101.587.54$15,077
Jun 202201,962115.097.98$15,651
May 202201,941109.378.43$16,369
Apr 202201,820104.226.84$12,444
Mar 202201,900108.885.08$9,645
Feb 202201,71891.054.86$8,347
Jan 202201,77981.844.54$8,073
Dec 202102,15871.323.90$8,414
Nov 202102,00677.435.24$10,505
Oct 202102,14979.795.71$12,279
Sep 202101,98969.865.35$10,643
Aug 202102,04766.024.22$8,640
Jul 202102,16970.783.98$8,637
Jun 202102,18969.493.38$7,400
May 202102,28163.483.02$6,883
Apr 202102,26260.362.76$6,240
Mar 202102,25861.302.72$6,135
Feb 202102,07557.805.55$11,512
Jan 202102,21450.412.81$6,222
Dec 202012,20944.642.68$5,955
Nov 202002,07838.772.71$5,624
Oct 202032,09736.972.48$5,308
Sep 202002,16737.091.99$4,315
Aug 202002,30139.982.39$5,488
Jul 202002,65838.371.83$4,851
Jun 202002,12934.901.69$3,599
May 202002,19816.921.81$3,989
Apr 202001,79114.751.80$3,232
Mar 202001,83930.341.86$3,414
Feb 202001,96749.881.98$3,896
Jan 202002,07957.252.09$4,355
Dec 201902,39059.012.30$5,507
Nov 201902,22155.302.75$6,109
Oct 201902,46253.472.42$5,954
Sep 201901,99555.052.66$5,301
Aug 201902,48253.112.30$5,719
Jul 201902,59356.272.46$6,379
Jun 201902,39952.782.49$5,976
May 201902,46258.482.74$6,747
Apr 201902,72262.632.75$7,487
Mar 201902,45856.803.06$7,527
Feb 201902,01150.852.79$5,615
Jan 201901,89646.033.23$6,121
Dec 201802,15446.594.19$9,015
Nov 201802,44952.934.24$10,377
Oct 201802,64361.443.40$8,981
Sep 201802,33159.543.11$7,245
Aug 201802,36059.403.07$7,237
Jul 201802,36965.142.93$6,946
Jun 201802,25960.183.08$6,951
May 201802,43365.382.90$7,058
Apr 201802,53563.842.90$7,354
Mar 201802,21161.222.79$6,162
Feb 201801,90561.782.77$5,269
Jan 201801,93862.874.01$7,770
Dec 201702,52257.272.92$7,368
Nov 201702,42255.423.12$7,553
Oct 201702,60449.292.98$7,770
Sep 201702,52047.523.09$7,780
Aug 201702,79945.373.00$8,409
Jul 201702,57543.873.09$7,950
Jun 201702,51642.493.09$7,768
May 201702,54945.373.26$8,318
Apr 201702,37747.933.21$7,634
Mar 201702,38046.772.98$7,101
Feb 201702,28650.452.95$6,750
Jan 201702,67249.413.42$9,135
Dec 201602,66048.763.72$9,903
Nov 201602,44842.492.64$6,473
Oct 201602,68546.193.09$8,297
Sep 201602,37341.553.10$7,358
Aug 201602,61041.442.92$7,633
Jul 201602,18941.622.92$6,401
Jun 201602,35645.352.69$6,328
May 201602,76242.521.99$5,499
Apr 201602,41736.561.99$4,812
Mar 201602,67633.011.79$4,801
Feb 201602,81526.472.06$5,809
Jan 201602,78227.352.36$6,578
Dec 201502,94032.362.00$5,884
Nov 201502,96638.792.17$6,428
Oct 201502,98543.552.43$7,243
Sep 201502,77542.992.76$7,655
Aug 201503,09540.162.87$8,890
Jul 201503,05448.152.95$8,994
Jun 201503,22356.152.88$9,291
May 201502,90655.212.96$8,589
Apr 201502,73449.822.71$7,400
Mar 201503,25742.892.93$9,558
Feb 201502,53344.662.98$7,539
Jan 201502,80043.433.10$8,682
Dec 201403,01954.693.59$10,842
Nov 201402,99570.464.25$12,734
Oct 201422,19478.303.90$8,715
Sep 201402,02886.164.05$8,204
Aug 201403,38889.394.04$13,671
Jul 201403,82396.564.18$15,979
Jun 201422,48198.164.74$11,949
May 201402,73294.734.73$12,913
Apr 201402,52795.944.81$12,153
Mar 201402,76395.895.06$13,972
Feb 201402,82597.406.19$17,492
Jan 201403,14190.404.86$15,268
Dec 201303,38491.824.35$14,736
Nov 201303,47688.853.74$12,994
Oct 201303,89397.423.78$14,713
Sep 201303,828104.113.72$14,232
Aug 201301,797104.253.52$6,330
Jul 201300102.523.72$0
Jun 201301,70794.403.93$6,714
May 201303,06294.834.15$12,704
Apr 201302,72793.964.28$11,679
Mar 201322,55793.623.91$10,192
Feb 201302,47691.233.42$8,468
Jan 201302,91091.603.42$9,952
Dec 201202,40986.773.42$8,239
Nov 201203,19686.953.62$11,585
Oct 201203,33589.383.40$11,338
Sep 201213,15394.672.92$9,296
Aug 201223,14092.662.91$9,317
Jul 201203,59985.133.02$10,872
Jun 201203,30779.822.52$8,330
May 201203,19091.612.49$7,938
Apr 201203,264101.652.00$6,518
Mar 201203,494105.052.22$7,764
Feb 201203,242101.102.57$8,333
Jan 201203,60498.092.73$9,854
Dec 201103,92396.873.24$12,710
Nov 201103,76995.723.31$12,480
Oct 201103,56984.983.65$13,022
Sep 201103,68183.623.99$14,672
Aug 201104,02983.404.15$16,718
Jul 201104,14694.144.52$18,728
Jun 201103,84192.904.64$17,822
May 201103,93798.134.40$17,342
Apr 201103,766105.964.33$16,319
Mar 201103,92896.364.06$15,937
Feb 201103,77485.644.18$15,775
Jan 201103,99386.504.59$18,323
Dec 201004,00885.734.35$17,426
Nov 201004,17380.843.80$15,838
Oct 201004,11078.103.51$14,422
Sep 201003,87072.633.98$15,401
Aug 201004,30773.684.42$19,034
Jul 201004,25572.554.74$20,154
Jun 201004,33170.364.91$21,267
May 201004,77771.124.24$20,232
Apr 201004,41381.694.12$18,193
Mar 201004,52178.394.39$19,841
Feb 201004,19473.585.44$22,825
Jan 201004,96674.365.96$29,618
Dec 200905,05871.445.48$27,737
Nov 200904,57074.593.75$17,144
Oct 200904,16072.544.11$17,099
Sep 200904,84565.543.06$14,849
Aug 200904,81967.423.22$15,510
Jul 200905,23261.133.46$18,126
Jun 200905,38366.163.90$20,967
May 200904,46754.743.93$17,536
Apr 200903,89146.773.59$13,959
Mar 200903,73142.144.06$15,144
Feb 200904,25232.814.63$19,700
Jan 200904,77535.865.37$25,647
Dec 200804,95037.105.98$29,587
Nov 200805,13755.496.86$35,242
Oct 200805,40375.246.92$37,399
Sep 200804,326101.767.88$34,076
Aug 200804,093114.228.48$34,721
Jul 200804,085131.0811.39$46,526
Jun 200804,702131.3313.03$61,279
May 200804,765123.1711.57$55,151
Apr 200805,165110.3110.45$53,999
Mar 200805,072101.909.66$49,016
Feb 200804,09292.538.77$35,889
Jan 200805,46790.388.21$44,861
Dec 200704,51688.337.30$32,976
Nov 200704,52291.677.29$32,973
Oct 200705,10182.856.92$35,309
Sep 200704,95775.846.24$30,952
Aug 200705,36969.066.39$34,297
Jul 200706,04770.906.39$38,628
Jun 200706,31562.007.55$47,668
May 200705,49258.747.85$43,092
Apr 200705,27459.617.81$41,165
Mar 200705,23556.927.30$38,226
Feb 200705,78655.108.22$47,538
Jan 200706,60550.306.73$44,431
Dec 200607,12556.656.92$49,294
Nov 200604,92454.207.62$37,508
Oct 200605,79554.906.01$34,850
Sep 200606,36360.085.04$32,052
Aug 200605,94368.717.34$43,621
Jul 200606,04069.376.34$38,310
Jun 200606,20466.286.38$39,606
May 200606,70166.016.42$43,054
Apr 200606,98664.397.36$51,420
Mar 200607,21356.707.08$51,089
Feb 200606,96057.597.75$53,948
Jan 200605,94460.598.93$53,100
Dec 200506,71254.9413.42$90,044
Nov 200506,23154.6910.59$65,976
Oct 200506,94858.3413.80$95,853
Sep 200507,50161.4512.08$90,605
Aug 200507,14361.519.80$69,979
Jul 200506,97255.697.84$54,686
Jun 200506,84852.337.38$50,545
May 200507,15945.226.65$47,616
Apr 200507,48049.207.36$55,056
Mar 200508,26650.377.15$59,142
Feb 200507,35645.226.31$46,430
Jan 200508,61643.166.32$54,472
Dec 200409,06539.866.75$61,199
Nov 2004010,34445.286.33$65,482
Oct 200409,01849.706.52$58,753
Sep 200408,56543.245.28$45,257
Aug 200409,50742.375.55$52,770
Jul 200409,36538.286.08$56,978
Jun 200409,01836.106.43$58,013
May 2004010,24737.486.49$66,550
Apr 200409,60734.475.86$56,282
Mar 2004010,12234.365.53$55,976
Feb 200408,48732.455.51$46,760
Jan 200409,32432.036.30$58,738
Dec 200309,71530.266.30$61,220
Nov 200309,54928.804.60$43,879
Oct 2003010,60528.174.76$50,476
Sep 200309,22326.314.75$43,803
Aug 2003010,77429.765.13$55,268
Jul 2003011,88229.415.17$61,440
Jun 200309,38828.565.98$56,168
May 2003012,29726.595.97$73,446
Apr 2003011,66226.675.41$63,060
Mar 2003012,23131.146.10$74,561
Feb 2003011,24533.487.93$89,127
Jan 2003013,54430.315.58$75,603
Dec 2002014,63826.914.85$71,049
Nov 2002013,82224.664.14$57,181
Oct 2002015,81226.464.23$66,871
Sep 2002015,93027.443.64$57,909
Aug 2002017,46225.963.16$55,253
Jul 2002019,00324.583.06$58,183
Jun 2002015,81623.733.34$52,798
May 2002019,24424.663.58$68,971
Apr 2002017,17523.653.51$60,324
Mar 2002017,22322.003.10$53,438
Feb 2002017,02518.222.38$40,446
Jan 2002019,91417.172.38$47,309
Dec 2001021,83916.932.36$51,636
Nov 2001023,20718.072.41$55,825
Oct 2001024,80019.782.53$62,716
Sep 2001024,14424.262.25$54,356
Aug 2001028,49124.873.05$86,988
Jul 2001027,90423.933.20$89,211
Jun 2001031,07524.563.82$118,836
May 2001035,98425.524.31$154,995
Apr 2001040,89324.685.34$218,177
Mar 2001054,92824.545.38$295,317
Feb 2001053,17727.755.77$306,676
Jan 2001064,58027.478.40$542,392
Dec 2000072,72226.889.12$663,406
Nov 2000080,93832.215.66$457,947
Oct 20000100,30331.235.15$516,109
Sep 20000117,43931.875.19$609,097
Aug 20000167,48229.644.54$760,494
Jul 20000243,07928.534.09$994,132
Jun 20000218,91129.304.40$962,606

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                  292 Mcf  × $  3.05 =       $889

────────────────────────────────────────────────────
Month total                                     $889

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/177523 is the state's own key, not one this site invented.