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 203072District 04Field 449575002 tax incentive programmesCondensateGasSaveExport
Value, all time
$23.9 M
May 2004 – May 2026
Value, last 12 filed months
$242 k
at the published price for each month
Months reported
265
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 Gas112004-12-29159909
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
CondensateDisposition28 bbl$2,056
GasProduction3,797,978 Mcf$23,917,057
Total$23,919,113

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 27.1711, -99.3789. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.17113, -99.37890 · 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
9,160 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 9,160 ft.

Completions filed
May 2004
1 of 1 wells

1 well

42-505349261209,160 ftMay 2004

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 (265)

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

265 months

May 202605,776106.413.05$17,593
Apr 20260098.932.87$0
Mar 202607,69789.753.15$24,241
Feb 202605,99663.503.75$22,487
Jan 202608,27159.138.00$66,151
Dec 202507,78256.664.41$34,345
Nov 202507,30158.593.93$28,667
Oct 202508,63359.383.30$28,531
Sep 202501,64862.743.08$5,071
Aug 202501,68063.933.01$5,065
Jul 202501,62166.743.32$5,374
Jun 202501,41166.483.13$4,415
May 202501,38660.553.23$4,480
Apr 202501,35462.363.54$4,797
Mar 202501,59167.704.27$6,791
Feb 202501,57170.884.34$6,819
Jan 2025047874.324.28$2,045
Dec 2024060768.993.12$1,895
Nov 2024067969.052.20$1,493
Oct 202401,02471.372.28$2,336
Sep 202401,16969.612.36$2,764
Aug 2024062775.632.06$1,294
Jul 2024064979.932.15$1,393
Jun 202401,16778.082.63$3,074
May 2024089678.812.20$1,970
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 2023066580.522.67$1,777
Jul 2023069574.852.64$1,836
Jun 202302,08768.962.26$4,713
May 202305,13370.622.23$11,433
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 20201044.642.68$45
Nov 202001,26538.772.71$3,424
Oct 202053,79436.972.48$9,588
Sep 202003,76137.091.99$7,488
Aug 202003,84239.982.39$9,164
Jul 202003,86638.371.83$7,056
Jun 202003,96934.901.69$6,709
May 202003,49416.921.81$6,341
Apr 202003,51814.751.80$6,348
Mar 202003,96130.341.86$7,353
Feb 202003,69249.881.98$7,313
Jan 202003,93757.252.09$8,247
Dec 201904,16959.012.30$9,607
Nov 201904,09755.302.75$11,270
Oct 201904,37153.472.42$10,571
Sep 201904,05255.052.66$10,767
Aug 201904,35053.112.30$10,024
Jul 201903,92056.272.46$9,643
Jun 201904,40052.782.49$10,961
May 201904,06558.482.74$11,139
Apr 201904,26362.632.75$11,726
Mar 201904,59656.803.06$14,073
Feb 201903,97550.852.79$11,099
Jan 201904,44546.033.23$14,349
Dec 201804,45946.594.19$18,663
Nov 201804,52152.934.24$19,157
Oct 201804,66261.443.40$15,842
Sep 201804,49959.543.11$13,983
Aug 201804,58359.403.07$14,054
Jul 201804,79265.142.93$14,050
Jun 201804,57460.183.08$14,074
May 201804,65865.382.90$13,512
Apr 201804,77963.842.90$13,863
Mar 201804,47461.222.79$12,468
Feb 201804,31961.782.77$11,947
Jan 201804,92962.874.01$19,762
Dec 201705,12957.272.92$14,984
Nov 201704,75455.423.12$14,825
Oct 201704,84049.292.98$14,441
Sep 201704,39447.523.09$13,566
Aug 201704,73745.373.00$14,232
Jul 201704,54143.873.09$14,019
Jun 201704,58042.493.09$14,140
May 201704,97945.373.26$16,248
Apr 201704,62447.933.21$14,850
Mar 201704,68346.772.98$13,973
Feb 201704,40950.452.95$13,018
Jan 201704,58249.413.42$15,665
Dec 201604,61248.763.72$17,170
Nov 201604,62942.492.64$12,241
Oct 201604,79746.193.09$14,824
Sep 201604,55941.553.10$14,136
Aug 201604,82541.442.92$14,110
Jul 201604,67941.622.92$13,683
Jun 201604,94645.352.69$13,284
May 201604,87942.521.99$9,714
Apr 201605,01636.561.99$9,987
Mar 201604,63733.011.79$8,319
Feb 201605,37826.472.06$11,098
Jan 201605,66327.352.36$13,389
Dec 201506,14132.362.00$12,291
Nov 201504,62838.792.17$10,030
Oct 201505,26543.552.43$12,776
Sep 201506,03442.992.76$16,644
Aug 201506,14640.162.87$17,654
Jul 201506,08348.152.95$17,915
Jun 201506,23556.152.88$17,975
May 201506,20555.212.96$18,339
Apr 201506,30949.822.71$17,076
Mar 201506,55342.892.93$19,231
Feb 201505,25944.662.98$15,652
Jan 201505,73843.433.10$17,791
Dec 201405,93954.693.59$21,329
Nov 201405,60970.464.25$23,849
Oct 201455,80278.303.90$23,025
Sep 201405,77186.164.05$23,346
Aug 201406,36589.394.04$25,684
Jul 201406,07296.564.18$25,379
Jun 201455,77998.164.74$27,865
May 201405,83994.734.73$27,598
Apr 201406,09895.944.81$29,326
Mar 201406,04995.895.06$30,589
Feb 201406,05297.406.19$37,474
Jan 201406,75190.404.86$32,815
Dec 201307,33491.824.35$31,936
Nov 201307,55988.853.74$28,258
Oct 201307,96397.423.78$30,095
Sep 201307,869104.113.72$29,255
Aug 201302,879104.253.52$10,142
Jul 201301,317102.523.72$4,896
Jun 201303,53994.403.93$13,920
May 201306,93594.834.15$28,774
Apr 201306,38493.964.28$27,340
Mar 201334,16993.623.91$16,594
Feb 201306,00991.233.42$20,550
Jan 201306,67691.603.42$22,831
Dec 201206,10286.773.42$20,870
Nov 201206,39886.953.62$23,192
Oct 201216,63789.383.40$22,653
Sep 201216,43494.672.92$18,872
Aug 201247,05292.662.91$20,879
Jul 201207,12385.133.02$21,517
Jun 201207,18079.822.52$18,087
May 201207,64091.612.49$19,011
Apr 201207,239101.652.00$14,455
Mar 201207,323105.052.22$16,272
Feb 201207,006101.102.57$18,007
Jan 201207,36998.092.73$20,147
Dec 201107,70696.873.24$24,965
Nov 201108,21895.723.31$27,212
Oct 201107,53484.983.65$27,488
Sep 201107,75183.623.99$30,894
Aug 201108,55383.404.15$35,489
Jul 201108,35794.144.52$37,751
Jun 201108,21692.904.64$38,121
May 201108,96698.134.40$39,494
Apr 201108,975105.964.33$38,891
Mar 201108,90596.364.06$36,131
Feb 201108,00085.644.18$33,440
Jan 201109,15986.504.59$42,029
Dec 201009,38185.734.35$40,786
Nov 201009,71180.843.80$36,856
Oct 2010010,15978.103.51$35,647
Sep 201009,92072.633.98$39,476
Aug 2010010,64673.684.42$47,049
Jul 2010010,70372.554.74$50,695
Jun 2010010,42870.364.91$51,206
May 2010011,03771.124.24$46,744
Apr 2010010,75581.694.12$44,340
Mar 2010011,32078.394.39$49,680
Feb 2010010,54773.585.44$57,401
Jan 2010012,02374.365.96$71,706
Dec 2009012,11571.445.48$66,436
Nov 2009012,02574.593.75$45,112
Oct 2009013,21772.544.11$54,325
Sep 2009011,00165.543.06$33,715
Aug 2009013,18267.423.22$42,426
Jul 2009013,49161.133.46$46,740
Jun 2009013,10366.163.90$51,036
May 2009013,16354.743.93$51,675
Apr 2009012,81446.773.59$45,970
Mar 2009013,60742.144.06$55,231
Feb 2009012,49332.814.63$57,880
Jan 2009014,23135.865.37$76,435
Dec 2008014,70037.105.98$87,864
Nov 2008014,22055.496.86$97,554
Oct 2008014,96575.246.92$103,587
Sep 2008014,725101.767.88$115,990
Aug 2008015,859114.228.48$134,532
Jul 2008016,500131.0811.39$187,926
Jun 2008016,261131.3313.03$211,924
May 2008017,381123.1711.57$201,173
Apr 2008017,108110.3110.45$178,862
Mar 2008018,245101.909.66$176,321
Feb 2008017,49792.538.77$153,459
Jan 2008019,02890.388.21$156,139
Dec 2007019,69188.337.30$143,783
Nov 2007019,51291.677.29$142,276
Oct 2007020,70582.856.92$143,320
Sep 2007020,80075.846.24$129,879
Aug 2007021,30269.066.39$136,076
Jul 2007022,50770.906.39$143,773
Jun 2007022,29562.007.55$168,293
May 2007024,48258.747.85$192,093
Apr 2007024,26859.617.81$189,417
Mar 2007025,89356.927.30$189,070
Feb 2007023,82055.108.22$195,705
Jan 2007027,74950.306.73$186,663
Dec 2006028,10056.656.92$194,408
Nov 2006028,59554.207.62$217,822
Oct 2006030,86254.906.01$185,598
Sep 2006030,50760.085.04$153,670
Aug 2006032,57568.717.34$239,098
Jul 2006034,00069.376.34$215,654
Jun 2006034,55066.286.38$220,563
May 2006037,15966.016.42$238,747
Apr 2006037,94364.397.36$279,279
Mar 2006040,63856.707.08$287,836
Feb 2006038,21357.597.75$296,194
Jan 2006044,65360.598.93$398,900
Dec 2005046,11554.9413.42$618,651
Nov 2005048,09854.6910.59$509,281
Oct 2005052,29758.3413.80$721,477
Sep 2005053,28461.4512.08$643,617
Aug 2005056,34561.519.80$552,003
Jul 2005061,94955.697.84$485,906
Jun 2005063,27752.337.38$467,050
May 2005070,19845.226.65$466,898
Apr 2005072,65049.207.36$534,739
Mar 2005082,15350.377.15$587,795
Feb 2005082,31745.226.31$519,578
Jan 20050102,33843.166.32$647,001
Dec 20040115,49939.866.75$779,743
Nov 20040126,23945.286.33$799,146
Oct 20040135,42449.706.52$882,301
Sep 20040136,38443.245.28$720,639
Aug 20040140,35242.375.55$779,046
Jul 20040139,36638.286.08$847,928
Jun 20043155,29936.106.43$999,150
May 20040155,29937.486.49$1,008,602

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                5,776 Mcf  × $  3.05 =    $17,593

────────────────────────────────────────────────────
Month total                                  $17,593

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/203072 is the state's own key, not one this site invented.