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 211224District 04Field 449575002 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.7 M
May 2005 – May 2026
Value, last 12 filed months
$42 k
at the published price for each month
Months reported
253
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 Gas112006-01-09166292
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
CondensateDisposition5 bbl$400
GasProduction598,480 Mcf$3,731,121
Total$3,731,520

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 27.1204, -99.4272. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.12040, -99.42721 · 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
9,500 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 9,500 ft.

Completions filed
May 2005
1 of 1 wells

1 well

42-505350941279,500 ftMay 2005

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 (253)

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

253 months

May 20260931106.413.05$2,836
Apr 20260098.932.87$0
Mar 202601,00989.753.15$3,178
Feb 2026062763.503.75$2,351
Jan 202601,06959.138.00$8,550
Dec 2025098356.664.41$4,338
Nov 2025079458.593.93$3,118
Oct 202501,46959.383.30$4,855
Sep 2025030562.743.08$938
Aug 202501,15963.933.01$3,494
Jul 202501,25066.743.32$4,144
Jun 202501,34566.483.13$4,208
May 202501,61760.553.23$5,227
Apr 202501,80662.363.54$6,399
Mar 202501,96067.704.27$8,366
Feb 202502,17970.884.34$9,459
Jan 202502,21674.324.28$9,482
Dec 2024074768.993.12$2,332
Nov 202401,71769.052.20$3,775
Oct 202403,68971.372.28$8,416
Sep 2024046869.612.36$1,107
Aug 2024037975.632.06$782
Jul 2024058479.932.15$1,254
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 2023035174.852.64$927
Jun 2023097768.962.26$2,207
May 202301,04270.622.23$2,321
Apr 202301,00878.122.24$2,256
Mar 202301,01972.852.39$2,439
Feb 2023094475.112.47$2,328
Jan 202301,05376.533.39$3,567
Dec 202201,07576.415.73$6,159
Nov 202201,03285.005.65$5,827
Oct 202201,05287.185.86$6,169
Sep 2022094784.888.16$7,731
Aug 202201,00994.529.13$9,209
Jul 202201,034101.587.54$7,799
Jun 202201,021115.097.98$8,145
May 202201,013109.378.43$8,543
Apr 20220922104.226.84$6,304
Mar 202201,026108.885.08$5,208
Feb 2022095291.054.86$4,626
Jan 202201,00481.844.54$4,556
Dec 202101,13171.323.90$4,410
Nov 202101,04577.435.24$5,473
Oct 202101,21779.795.71$6,954
Sep 2021093569.865.35$5,003
Aug 2021067566.024.22$2,849
Jul 2021096370.783.98$3,835
Jun 202101,04269.493.38$3,523
May 202101,06363.483.02$3,208
Apr 202101,03360.362.76$2,849
Mar 202101,05761.302.72$2,872
Feb 202101,03657.805.55$5,748
Jan 202101,31550.412.81$3,696
Dec 202001,06144.642.68$2,839
Nov 202001,03638.772.71$2,804
Oct 202011,06036.972.48$2,664
Sep 202001,07337.091.99$2,136
Aug 202001,08639.982.39$2,590
Jul 202001,11338.371.83$2,031
Jun 202001,09434.901.69$1,849
May 202001,15916.921.81$2,103
Apr 202001,13714.751.80$2,052
Mar 202001,20930.341.86$2,244
Feb 202001,12349.881.98$2,224
Jan 202001,23457.252.09$2,585
Dec 201901,43559.012.30$3,307
Nov 201901,47155.302.75$4,046
Oct 201901,49553.472.42$3,616
Sep 201901,30355.052.66$3,462
Aug 201901,07353.112.30$2,473
Jul 201901,14556.272.46$2,817
Jun 201901,14752.782.49$2,857
May 201901,15058.482.74$3,151
Apr 201901,10862.632.75$3,048
Mar 201901,19156.803.06$3,647
Feb 2019071050.852.79$1,982
Jan 201901,20146.033.23$3,877
Dec 201801,13546.594.19$4,750
Nov 201801,14652.934.24$4,856
Oct 201801,15261.443.40$3,915
Sep 201801,19559.543.11$3,714
Aug 201801,13359.403.07$3,474
Jul 201801,03765.142.93$3,040
Jun 2018098760.183.08$3,037
May 201801,04365.382.90$3,026
Apr 2018099663.842.90$2,889
Mar 201801,05161.222.79$2,929
Feb 2018096361.782.77$2,664
Jan 2018097462.874.01$3,905
Dec 2017097857.272.92$2,857
Nov 2017096155.423.12$2,997
Oct 2017094249.292.98$2,811
Sep 201701,15047.523.09$3,550
Aug 201701,25145.373.00$3,759
Jul 201701,28243.873.09$3,958
Jun 2017094842.493.09$2,927
May 201701,07745.373.26$3,515
Apr 2017089747.933.21$2,881
Mar 2017098746.772.98$2,945
Feb 2017088650.452.95$2,616
Jan 2017091549.413.42$3,128
Dec 201601,01748.763.72$3,786
Nov 2016093742.492.64$2,478
Oct 201601,09646.193.09$3,387
Sep 201601,05541.553.10$3,271
Aug 201601,17441.442.92$3,433
Jul 201601,12241.622.92$3,281
Jun 201601,29945.352.69$3,489
May 201601,33942.521.99$2,666
Apr 201601,32436.561.99$2,636
Mar 201601,47133.011.79$2,639
Feb 201601,43426.472.06$2,959
Jan 201601,58527.352.36$3,748
Dec 201501,65232.362.00$3,306
Nov 201501,68138.792.17$3,643
Oct 201501,20443.552.43$2,922
Sep 201501,28042.992.76$3,531
Aug 201501,34140.162.87$3,852
Jul 201501,33548.152.95$3,932
Jun 201501,46456.152.88$4,221
May 201501,47255.212.96$4,350
Apr 201501,33649.822.71$3,616
Mar 201501,32742.892.93$3,894
Feb 201501,12144.662.98$3,336
Jan 201501,21443.433.10$3,764
Dec 201401,36854.693.59$4,913
Nov 201401,34570.464.25$5,719
Oct 201411,49178.303.90$5,895
Sep 201401,44286.164.05$5,834
Aug 201401,55089.394.04$6,254
Jul 201401,56896.564.18$6,554
Jun 201411,29998.164.74$6,251
May 201401,62594.734.73$7,681
Apr 201401,73095.944.81$8,320
Mar 201401,60895.895.06$8,131
Feb 201401,46797.406.19$9,084
Jan 201401,60890.404.86$7,816
Dec 201301,70791.824.35$7,433
Nov 201301,72288.853.74$6,437
Oct 201301,64797.423.78$6,225
Sep 201302,044104.113.72$7,599
Aug 201301,698104.253.52$5,981
Jul 201300102.523.72$0
Jun 2013079294.403.93$3,115
May 201301,48494.834.15$6,157
Apr 201301,34693.964.28$5,764
Mar 201311,23093.623.91$4,906
Feb 201301,39691.233.42$4,774
Jan 201301,32691.603.42$4,535
Dec 201201,27586.773.42$4,361
Nov 201201,42986.953.62$5,180
Oct 201201,59989.383.40$5,436
Sep 201201,47194.672.92$4,293
Aug 201211,71392.662.91$5,074
Jul 201201,73285.133.02$5,232
Jun 201201,67679.822.52$4,222
May 201201,75991.612.49$4,377
Apr 201201,770101.652.00$3,534
Mar 201201,857105.052.22$4,126
Feb 201201,732101.102.57$4,452
Jan 201201,85098.092.73$5,058
Dec 201101,89696.873.24$6,143
Nov 201101,82695.723.31$6,046
Oct 201101,84184.983.65$6,717
Sep 201101,91183.623.99$7,617
Aug 201101,99683.404.15$8,282
Jul 201101,99194.144.52$8,994
Jun 201101,93492.904.64$8,974
May 201102,01998.134.40$8,893
Apr 201101,988105.964.33$8,615
Mar 201102,07196.364.06$8,403
Feb 201101,89185.644.18$7,904
Jan 201102,09686.504.59$9,618
Dec 201002,07685.734.35$9,026
Nov 201002,03680.843.80$7,727
Oct 201002,11078.103.51$7,404
Sep 201002,05672.633.98$8,182
Aug 201002,19373.684.42$9,692
Jul 201002,22072.554.74$10,515
Jun 201002,13270.364.91$10,469
May 201002,24571.124.24$9,508
Apr 201002,19581.694.12$9,049
Mar 201002,29278.394.39$10,059
Feb 201002,09973.585.44$11,424
Jan 201002,34074.365.96$13,956
Dec 200902,40271.445.48$13,172
Nov 200902,35474.593.75$8,831
Oct 200902,54272.544.11$10,448
Sep 200902,49365.543.06$7,640
Aug 200902,64067.423.22$8,497
Jul 200902,68461.133.46$9,299
Jun 200902,72866.163.90$10,626
May 200902,67454.743.93$10,497
Apr 200901,52346.773.59$5,464
Mar 200902,55842.144.06$10,383
Feb 200902,21632.814.63$10,267
Jan 200902,70935.865.37$14,550
Dec 200802,73737.105.98$16,359
Nov 200802,62255.496.86$17,988
Oct 200802,69175.246.92$18,627
Sep 200802,635101.767.88$20,756
Aug 200802,922114.228.48$24,787
Jul 200803,130131.0811.39$35,649
Jun 200802,990131.3313.03$38,968
May 200803,258123.1711.57$37,709
Apr 200802,838110.3110.45$29,671
Mar 200803,195101.909.66$30,877
Feb 200803,09892.538.77$27,171
Jan 200803,36890.388.21$27,637
Dec 200703,46288.337.30$25,279
Nov 200703,39891.677.29$24,777
Oct 200703,61482.856.92$25,016
Sep 200703,61875.846.24$22,591
Aug 200703,60269.066.39$23,009
Jul 200703,90370.906.39$24,932
Jun 200703,83062.007.55$28,911
May 200704,13958.747.85$32,476
Apr 200704,08059.617.81$31,845
Mar 200704,25056.927.30$31,033
Feb 200703,81055.108.22$31,303
Jan 200704,55550.306.73$30,641
Dec 200604,71656.656.92$32,627
Nov 200604,86354.207.62$37,044
Oct 200605,37954.906.01$32,348
Sep 200605,42860.085.04$27,342
Aug 200605,78268.717.34$42,439
Jul 200606,33369.376.34$40,169
Jun 200606,83866.286.38$43,653
May 200607,24966.016.42$46,575
Apr 200608,03064.397.36$59,105
Mar 200608,77056.707.08$62,117
Feb 200607,02157.597.75$54,421
Jan 200607,54960.598.93$67,438
Dec 200508,68254.9413.42$116,473
Nov 2005010,98154.6910.59$116,271
Oct 2005014,05558.3413.80$193,899
Sep 2005015,83661.4512.08$191,283
Aug 2005025,74561.519.80$252,220
Jul 2005035,62455.697.84$279,422
Jun 2005043,17152.337.38$318,647
May 200507,87445.226.65$52,371

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                  931 Mcf  × $  3.05 =     $2,836

────────────────────────────────────────────────────
Month total                                   $2,836

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/211224 is the state's own key, not one this site invented.