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 195058District 04Field 449575002 tax incentive programmesCondensateGasSaveExport
Value, all time
$17.2 M
Mar 2003 – May 2026
Value, last 12 filed months
$693
at the published price for each month
Months reported
279
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 Gas112004-07-28158193
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
CondensateDisposition18 bbl$1,478
GasProduction2,943,592 Mcf$17,211,112
Total$17,212,590

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 27.1043, -99.4167. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.10427, -99.41672 · 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
8,815 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 8,815 ft.

Completions filed
Mar 2003
1 of 1 wells

1 well

42-505346531168,815 ftMar 2003

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 (279)

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

279 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 2025011056.664.41$485
Nov 202502058.593.93$79
Oct 202503959.383.30$129
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 202206101.587.54$45
Jun 2022033115.097.98$263
May 2022055109.378.43$464
Apr 2022040104.226.84$274
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 20210879.795.71$46
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 20201044.642.68$45
Nov 20200038.772.71$0
Oct 20202336.972.48$81
Sep 2020014437.091.99$287
Aug 202001,64939.982.39$3,933
Jul 202002,16238.371.83$3,946
Jun 202002,12034.901.69$3,583
May 202002,23116.921.81$4,049
Apr 202002,34914.751.80$4,238
Mar 202002,47430.341.86$4,592
Feb 202002,34349.881.98$4,641
Jan 202002,28957.252.09$4,795
Dec 201902,11859.012.30$4,881
Nov 201902,55855.302.75$7,036
Oct 201902,73253.472.42$6,607
Sep 201901,67455.052.66$4,448
Aug 201902,34853.112.30$5,411
Jul 201902,64156.272.46$6,497
Jun 201902,66852.782.49$6,647
May 201902,05358.482.74$5,626
Apr 201902,55262.632.75$7,020
Mar 201902,66156.803.06$8,148
Feb 201902,10850.852.79$5,886
Jan 201901,84546.033.23$5,956
Dec 201802,55146.594.19$10,677
Nov 201802,43952.934.24$10,335
Oct 201802,70661.443.40$9,195
Sep 201802,83259.543.11$8,802
Aug 201802,85559.403.07$8,755
Jul 201802,88065.142.93$8,444
Jun 201802,79960.183.08$8,612
May 201802,92365.382.90$8,479
Apr 201802,83063.842.90$8,209
Mar 201802,96661.222.79$8,266
Feb 201802,67861.782.77$7,408
Jan 201802,99862.874.01$12,020
Dec 201703,01757.272.92$8,814
Nov 201702,94855.423.12$9,193
Oct 201702,89949.292.98$8,650
Sep 201702,77847.523.09$8,576
Aug 201702,98445.373.00$8,965
Jul 201703,00743.873.09$9,283
Jun 201703,04942.493.09$9,413
May 201703,04645.373.26$9,940
Apr 201702,92647.933.21$9,397
Mar 201703,03246.772.98$9,047
Feb 201702,71550.452.95$8,016
Jan 201702,81849.413.42$9,634
Dec 201602,84148.763.72$10,577
Nov 201602,78242.492.64$7,357
Oct 201602,95846.193.09$9,141
Sep 201602,97641.553.10$9,227
Aug 201603,18241.442.92$9,305
Jul 201602,69741.622.92$7,887
Jun 201602,85845.352.69$7,676
May 201602,97142.521.99$5,915
Apr 201603,06036.561.99$6,093
Mar 201603,24133.011.79$5,814
Feb 201603,24126.472.06$6,688
Jan 201603,46827.352.36$8,200
Dec 201503,49932.362.00$7,003
Nov 201503,41438.792.17$7,399
Oct 201503,55443.552.43$8,624
Sep 201503,33242.992.76$9,191
Aug 201503,48940.162.87$10,022
Jul 201503,59848.152.95$10,596
Jun 201503,65556.152.88$10,537
May 201503,45555.212.96$10,211
Apr 201503,65349.822.71$9,887
Mar 201503,59242.892.93$10,541
Feb 201503,34444.662.98$9,952
Jan 201503,75743.433.10$11,649
Dec 201403,64154.693.59$13,076
Nov 201403,73370.464.25$15,872
Oct 201443,98178.303.90$15,843
Sep 201403,83186.164.05$15,498
Aug 201404,03189.394.04$16,266
Jul 201404,04096.564.18$16,886
Jun 201443,75498.164.74$18,175
May 201404,17394.734.73$19,724
Apr 201404,10795.944.81$19,751
Mar 201404,09195.895.06$20,687
Feb 201403,34297.406.19$20,694
Jan 201404,18190.404.86$20,323
Dec 201304,27291.824.35$18,602
Nov 201304,29388.853.74$16,048
Oct 201304,83597.423.78$18,273
Sep 201305,365104.113.72$19,946
Aug 201303,497104.253.52$12,319
Jul 201300102.523.72$0
Jun 201302,34394.403.93$9,216
May 201304,43494.834.15$18,397
Apr 201303,98293.964.28$17,053
Mar 201333,67093.623.91$14,641
Feb 201303,72291.233.42$12,729
Jan 201304,23791.603.42$14,490
Dec 201203,76986.773.42$12,891
Nov 201204,63486.953.62$16,798
Oct 201204,55889.383.40$15,496
Sep 201214,35594.672.92$12,804
Aug 201234,58992.662.91$13,624
Jul 201204,66885.133.02$14,101
Jun 201204,61879.822.52$11,633
May 201204,68591.612.49$11,658
Apr 201204,708101.652.00$9,401
Mar 201204,863105.052.22$10,806
Feb 201204,613101.102.57$11,857
Jan 201204,83998.092.73$13,230
Dec 201105,00296.873.24$16,205
Nov 201104,94895.723.31$16,384
Oct 201105,07684.983.65$18,520
Sep 201105,01883.623.99$20,001
Aug 201105,21983.404.15$21,655
Jul 201105,22794.144.52$23,612
Jun 201105,22792.904.64$24,253
May 201105,44898.134.40$23,997
Apr 201105,347105.964.33$23,170
Mar 201105,63896.364.06$22,875
Feb 201105,03585.644.18$21,046
Jan 201105,11486.504.59$23,467
Dec 201005,47785.734.35$23,813
Nov 201005,52580.843.80$20,969
Oct 201005,73678.103.51$20,127
Sep 201005,68772.633.98$22,631
Aug 201005,61873.684.42$24,828
Jul 201006,05272.554.74$28,665
Jun 201006,05470.364.91$29,728
May 201006,36171.124.24$26,940
Apr 201006,30681.694.12$25,998
Mar 201006,56678.394.39$28,816
Feb 201006,08073.585.44$33,090
Jan 201006,81474.365.96$40,639
Dec 200907,01771.445.48$38,479
Nov 200906,96074.593.75$26,110
Oct 200907,44872.544.11$30,613
Sep 200907,39765.543.06$22,670
Aug 200907,96367.423.22$25,629
Jul 200908,13461.133.46$28,180
Jun 200906,30366.163.90$24,550
May 200906,77354.743.93$26,589
Apr 200906,64946.773.59$23,853
Mar 200907,01442.144.06$28,470
Feb 200906,55732.814.63$30,379
Jan 200907,38035.865.37$39,638
Dec 200807,48037.105.98$44,709
Nov 200807,21455.496.86$49,491
Oct 200807,32875.246.92$50,724
Sep 200807,299101.767.88$57,495
Aug 200807,827114.228.48$66,397
Jul 200808,163131.0811.39$92,972
Jun 200808,269131.3313.03$107,767
May 200808,148123.1711.57$94,307
Apr 200808,807110.3110.45$92,076
Mar 200809,207101.909.66$88,977
Feb 200808,69492.538.77$76,251
Jan 200809,72990.388.21$79,834
Dec 2007010,04988.337.30$73,378
Nov 200709,91891.677.29$72,319
Oct 2007010,49082.856.92$72,612
Sep 2007010,25275.846.24$64,015
Aug 2007010,70369.066.39$68,370
Jul 2007011,18770.906.39$71,462
Jun 2007011,02962.007.55$83,252
May 2007012,02358.747.85$94,336
Apr 2007011,97059.617.81$93,428
Mar 2007012,53756.927.30$91,545
Feb 2007011,64055.108.22$95,634
Jan 2007013,34050.306.73$89,736
Dec 2006013,54056.656.92$93,676
Nov 2006013,56554.207.62$103,331
Oct 2006014,59554.906.01$87,771
Sep 2006014,44360.085.04$72,752
Aug 2006015,33168.717.34$112,528
Jul 2006015,90269.376.34$100,863
Jun 2006016,05166.286.38$102,468
May 2006017,11866.016.42$109,983
Apr 2006017,36464.397.36$127,807
Mar 2006018,38956.707.08$130,248
Feb 2006016,92057.597.75$131,149
Jan 2006019,00960.598.93$169,813
Dec 2005019,49854.9413.42$261,573
Nov 2005019,70154.6910.59$208,602
Oct 2005021,32058.3413.80$294,126
Sep 2005021,25061.4512.08$256,679
Aug 2005023,30061.519.80$228,266
Jul 2005024,32255.697.84$190,773
Jun 2005027,69952.337.38$204,447
May 2005030,39445.226.65$202,155
Apr 2005030,68549.207.36$225,856
Mar 2005034,21850.377.15$244,826
Feb 2005032,60145.226.31$205,775
Jan 2005034,48643.166.32$218,027
Dec 2004036,58239.866.75$246,968
Nov 2004038,03445.286.33$240,771
Oct 2004042,14049.706.52$274,546
Sep 2004048,33043.245.28$255,371
Aug 2004048,91842.375.55$271,527
Jul 2004051,34138.286.08$312,368
Jun 2004052,49236.106.43$337,682
May 2004058,99137.486.49$383,122
Apr 2004063,39734.475.86$371,409
Mar 2004072,49334.365.53$400,896
Feb 2004077,87832.455.51$429,078
Jan 2004088,59232.036.30$558,098
Dec 2003080,07230.266.30$504,585
Nov 2003086,75628.804.60$398,658
Oct 2003096,04428.174.76$457,135
Sep 2003096,92226.314.75$460,317
Aug 20030108,34229.765.13$555,764
Jul 20030124,08829.415.17$641,639
Jun 20030138,46128.565.98$828,407
May 20030158,31526.595.97$945,565
Apr 2003070,45026.675.41$380,943
Mar 20030031.146.10$0

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 2025 — as filed, then multipliedworked
Condensate             0 bbl  × $ 56.66 =         $0
Gas                  110 Mcf  × $  4.41 =       $485

────────────────────────────────────────────────────
Month total                                     $485

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/195058 is the state's own key, not one this site invented.