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 206424District 04Field 449575002 tax incentive programmesGasSaveExport
Value, all time
$2.4 M
Aug 2004 – May 2026
Value, last 12 filed months
$4 k
at the published price for each month
Months reported
262
no gaps in the span
Streams
1
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 Gas112005-07-12161293
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
GasProduction345,766 Mcf$2,351,709
Total$2,351,709

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 27.1218, -99.4231. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.12183, -99.42312 · 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
8,828 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 8,828 ft.

Completions filed
Aug 2004
1 of 1 wells

1 well

42-505350241228,828 ftAug 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 (262)

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

262 months

May 2026142106.413.05$433
Apr 2026098.932.87$0
Mar 202612789.753.15$400
Feb 202610063.503.75$375
Jan 202611559.138.00$920
Dec 202513056.664.41$574
Nov 20255958.593.93$232
Oct 202517759.383.30$585
Sep 20251862.743.08$55
Aug 20257963.933.01$238
Jul 20255166.743.32$169
Jun 20254566.483.13$141
May 202512560.553.23$404
Apr 20257262.363.54$255
Mar 20257067.704.27$299
Feb 202512670.884.34$547
Jan 202574374.324.28$3,179
Dec 2024068.993.12$0
Nov 2024069.052.20$0
Oct 2024071.372.28$0
Sep 2024069.612.36$0
Aug 2024075.632.06$0
Jul 2024079.932.15$0
Jun 2024078.082.63$0
May 20243978.812.20$86
Apr 2024084.451.66$0
Mar 2024080.301.55$0
Feb 2024076.091.78$0
Jan 2024073.023.30$0
Dec 2023071.262.61$0
Nov 2023077.892.81$0
Oct 2023085.443.09$0
Sep 2023089.042.74$0
Aug 2023080.522.67$0
Jul 2023074.852.64$0
Jun 2023068.962.26$0
May 2023070.622.23$0
Apr 20232178.122.24$47
Mar 20238072.852.39$191
Feb 20238275.112.47$202
Jan 202314676.533.39$495
Dec 202218676.415.73$1,066
Nov 202216785.005.65$943
Oct 202214887.185.86$868
Sep 202214684.888.16$1,192
Aug 202217894.529.13$1,625
Jul 2022173101.587.54$1,305
Jun 2022132115.097.98$1,053
May 202297109.378.43$818
Apr 2022186104.226.84$1,272
Mar 2022338108.885.08$1,716
Feb 202225191.054.86$1,220
Jan 202219181.844.54$867
Dec 202128571.323.90$1,111
Nov 202126877.435.24$1,403
Oct 202138979.795.71$2,223
Sep 202119769.865.35$1,054
Aug 202125966.024.22$1,093
Jul 202140370.783.98$1,605
Jun 202140869.493.38$1,379
May 202127563.483.02$830
Apr 202110660.362.76$292
Mar 202114661.302.72$397
Feb 202110257.805.55$566
Jan 202111750.412.81$329
Dec 202010244.642.68$273
Nov 202010838.772.71$292
Oct 202013636.972.48$337
Sep 202015037.091.99$299
Aug 202011139.982.39$265
Jul 202013638.371.83$248
Jun 202014734.901.69$248
May 202012916.921.81$234
Apr 202011414.751.80$206
Mar 202014330.341.86$265
Feb 202013149.881.98$259
Jan 202015757.252.09$329
Dec 201923159.012.30$532
Nov 201925055.302.75$688
Oct 201928253.472.42$682
Sep 201919755.052.66$523
Aug 201923353.112.30$537
Jul 201922956.272.46$563
Jun 201917952.782.49$446
May 201922558.482.74$617
Apr 201921962.632.75$602
Mar 201922856.803.06$698
Feb 201920150.852.79$561
Jan 201924346.033.23$784
Dec 201823046.594.19$963
Nov 201822152.934.24$936
Oct 201823061.443.40$782
Sep 201820759.543.11$643
Aug 201817559.403.07$537
Jul 201817465.142.93$510
Jun 201817960.183.08$551
May 201821465.382.90$621
Apr 201821563.842.90$624
Mar 201821861.222.79$608
Feb 201820361.782.77$562
Jan 201825762.874.01$1,030
Dec 201725357.272.92$739
Nov 201723455.423.12$730
Oct 201722849.292.98$680
Sep 201722047.523.09$679
Aug 201723845.373.00$715
Jul 201723443.873.09$722
Jun 201722842.493.09$704
May 201725945.373.26$845
Apr 201724347.933.21$780
Mar 201724946.772.98$743
Feb 201722450.452.95$661
Jan 201720449.413.42$697
Dec 201621248.763.72$789
Nov 201625442.492.64$672
Oct 201620946.193.09$646
Sep 201616741.553.10$518
Aug 201619941.442.92$582
Jul 201615141.622.92$442
Jun 201621645.352.69$580
May 201624542.521.99$488
Apr 201623836.561.99$474
Mar 201624233.011.79$434
Feb 201626626.472.06$549
Jan 201631027.352.36$733
Dec 201527732.362.00$554
Nov 201525938.792.17$561
Oct 201524343.552.43$590
Sep 201519242.992.76$530
Aug 201520940.162.87$600
Jul 201528748.152.95$845
Jun 201526356.152.88$758
May 201528355.212.96$836
Apr 201531549.822.71$853
Mar 201532142.892.93$942
Feb 201529044.662.98$863
Jan 201534643.433.10$1,073
Dec 201434954.693.59$1,253
Nov 201434070.464.25$1,446
Oct 201431078.303.90$1,209
Sep 201432186.164.05$1,299
Aug 201432689.394.04$1,315
Jul 201432996.564.18$1,375
Jun 201429298.164.74$1,383
May 201441894.734.73$1,976
Apr 201433695.944.81$1,616
Mar 201447595.895.06$2,402
Feb 201437297.406.19$2,303
Jan 201463390.404.86$3,077
Dec 201342491.824.35$1,846
Nov 201330088.853.74$1,121
Oct 201337797.423.78$1,425
Sep 2013256104.113.72$952
Aug 2013309104.253.52$1,088
Jul 20130102.523.72$0
Jun 201321894.403.93$857
May 201340894.834.15$1,693
Apr 201344493.964.28$1,901
Mar 201320693.623.91$806
Feb 201342591.233.42$1,453
Jan 201336691.603.42$1,252
Dec 201227786.773.42$947
Nov 201248986.953.62$1,773
Oct 201250289.383.40$1,707
Sep 201251494.672.92$1,500
Aug 201255492.662.91$1,611
Jul 201260585.133.02$1,828
Jun 201257579.822.52$1,448
May 201262691.612.49$1,558
Apr 2012630101.652.00$1,258
Mar 2012661105.052.22$1,469
Feb 2012635101.102.57$1,632
Jan 201274898.092.73$2,045
Dec 201178096.873.24$2,527
Nov 201177195.723.31$2,553
Oct 201184284.983.65$3,072
Sep 201181283.623.99$3,236
Aug 201187283.404.15$3,618
Jul 201187894.144.52$3,966
Jun 201188792.904.64$4,116
May 201193598.134.40$4,119
Apr 2011917105.964.33$3,974
Mar 201196396.364.06$3,907
Feb 201191585.644.18$3,825
Jan 20111,03686.504.59$4,754
Dec 20101,02085.734.35$4,435
Nov 20101,00680.843.80$3,818
Oct 201086878.103.51$3,046
Sep 201055772.633.98$2,217
Aug 201076473.684.42$3,376
Jul 201080172.554.74$3,794
Jun 201084970.364.91$4,169
May 201078371.124.24$3,316
Apr 201090981.694.12$3,748
Mar 201085978.394.39$3,770
Feb 201078673.585.44$4,278
Jan 20101,10574.365.96$6,590
Dec 20091,37271.445.48$7,524
Nov 20091,72474.593.75$6,468
Oct 200981872.544.11$3,362
Sep 20091,06665.543.06$3,267
Aug 200999067.423.22$3,186
Jul 20091,16061.133.46$4,019
Jun 20091,15866.163.90$4,510
May 20091,08054.743.93$4,240
Apr 20092,03546.773.59$7,301
Mar 20091,58842.144.06$6,446
Feb 20091,55332.814.63$7,195
Jan 20091,77435.865.37$9,528
Dec 20081,80537.105.98$10,789
Nov 20081,66555.496.86$11,423
Oct 20082,13975.246.92$14,806
Sep 20082,040101.767.88$16,069
Aug 20082,216114.228.48$18,798
Jul 20082,378131.0811.39$27,084
Jun 20081,983131.3313.03$25,844
May 20082,051123.1711.57$23,739
Apr 20081,978110.3110.45$20,680
Mar 20082,103101.909.66$20,324
Feb 20081,99492.538.77$17,489
Jan 20082,05290.388.21$16,838
Dec 20072,10288.337.30$15,349
Nov 20072,15191.677.29$15,684
Oct 20072,35182.856.92$16,274
Sep 20072,36575.846.24$14,767
Aug 20072,42869.066.39$15,510
Jul 20072,56270.906.39$16,366
Jun 20072,57962.007.55$19,467
May 20072,86158.747.85$22,448
Apr 20072,86559.617.81$22,362
Mar 20073,05856.927.30$22,329
Feb 20072,99055.108.22$24,566
Jan 20073,58350.306.73$24,102
Dec 20063,68256.656.92$25,474
Nov 20063,72054.207.62$28,337
Oct 20064,05954.906.01$24,410
Sep 20064,08060.085.04$20,552
Aug 20064,39468.717.34$32,252
Jul 20064,59469.376.34$29,139
Jun 20064,64566.286.38$29,653
May 20064,94966.016.42$31,797
Apr 20065,16364.397.36$38,002
Mar 20065,86956.707.08$41,570
Feb 20064,26557.597.75$33,059
Jan 20065,21760.598.93$46,605
Dec 20055,50154.9413.42$73,798
Nov 20055,70154.6910.59$60,364
Oct 20056,21758.3413.80$85,768
Sep 20056,43261.4512.08$77,692
Aug 20056,98761.519.80$68,451
Jul 20057,69355.697.84$60,341
Jun 20058,08152.337.38$59,646
May 20059,05345.226.65$60,213
Apr 20059,48649.207.36$69,822
Mar 200510,32950.377.15$73,903
Feb 200510,87545.226.31$68,642
Jan 200513,63643.166.32$86,210
Dec 200415,39939.866.75$103,960
Nov 200417,38245.286.33$110,035
Oct 200422,89949.706.52$149,189
Sep 20042,62243.245.28$13,854
Aug 200494742.375.55$5,256

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
Gas                  142 Mcf  × $  3.05 =       $433

────────────────────────────────────────────────────
Month total                                     $433

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/206424 is the state's own key, not one this site invented.