STATE TRACT 974

Operated by MEGO RESOURCES, LLC (P-5 559362) in the NUECES BAY DEEP CONSOLIDATED field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 281626District 04Field 66297100CondensateGasSave
Value, all time
$8.9 M
Jul 2016 – May 2026
Value, last 12 filed months
$367 k
at the published price for each month
Months reported
119
no gaps in the span
Streams
2
condensate, gas

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
CondensateDisposition66,113 bbl$3,872,308
GasProduction1,477,657 Mcf$5,009,997
Total$8,882,305

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 27.8626, -97.4644. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.86261, -97.46443 · 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
10,363 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 10,363 ft.

Completions filed
Apr 2021
1 of 1 wells

1 well

42-40933057410,363 ftApr 2021

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 (119)

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

119 months

May 20261955,173106.413.05$36,506
Apr 202605,12398.932.87$14,702
Mar 20261965,52389.753.15$34,985
Feb 20261944,69063.503.75$29,908
Jan 202605,52259.138.00$44,165
Dec 20253695,66356.664.41$45,900
Nov 202505,63958.593.93$22,141
Oct 20251964,91159.383.30$27,869
Sep 20251955,58262.743.08$29,410
Aug 202506,51463.933.01$19,638
Jul 20251835,25466.743.32$29,631
Jun 20251966,21366.483.13$32,469
May 202505,41360.553.23$17,497
Apr 20252684,52762.363.54$32,752
Mar 20251956,11867.704.27$39,315
Feb 20251975,50270.884.34$37,847
Jan 202507,08974.324.28$30,332
Dec 20243785,91668.993.12$44,544
Nov 202406,72369.052.20$14,780
Oct 20241906,50471.372.28$28,399
Sep 20241845,76669.612.36$26,441
Aug 20241946,79575.632.06$28,695
Jul 20241866,99379.932.15$29,878
Jun 20241906,56678.082.63$32,130
May 20241957,44178.812.20$31,727
Apr 20243698,80584.451.66$45,771
Mar 20241978,30280.301.55$28,647
Feb 20241977,97176.091.78$29,207
Jan 20241908,52173.023.30$41,973
Dec 20231939,75471.262.61$39,218
Nov 20231998,17277.892.81$38,443
Oct 20233969,48585.443.09$63,117
Sep 20233709,72089.042.74$59,529
Aug 20231989,34580.522.67$40,921
Jul 20231789,94274.852.64$39,588
Jun 202319710,10168.962.26$36,398
May 202318910,89070.622.23$37,604
Apr 202337511,80978.122.24$55,721
Mar 202337010,66172.852.39$52,468
Feb 202319810,37275.112.47$40,446
Jan 202339511,60076.533.39$69,527
Dec 202219512,10676.415.73$84,256
Nov 202238912,86685.005.65$105,709
Oct 202219512,16187.185.86$88,309
Sep 202219412,64884.888.16$119,721
Aug 202217313,56694.529.13$140,171
Jul 202254017,143101.587.54$184,147
Jun 202239312,978115.097.98$148,758
May 202238414,527109.378.43$164,505
Apr 202238612,944104.226.84$128,735
Mar 202239514,305108.885.08$115,626
Feb 202248911,74391.054.86$101,581
Jan 202238210,00581.844.54$76,662
Dec 202138211,35871.323.90$71,530
Nov 202139212,75977.435.24$97,170
Oct 202138413,64679.795.71$108,611
Sep 202157713,63769.865.35$113,280
Aug 202156813,12066.024.22$92,874
Jul 202138311,93070.783.98$74,615
Jun 202177413,31569.493.38$98,798
May 202157214,98263.483.02$81,521
Apr 202197712,49660.362.76$93,441
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20201692444.642.68$7,608
Nov 20200838.772.71$22
Oct 2020029836.972.48$739
Sep 20201761,77337.091.99$10,058
Aug 202038817,12339.982.39$56,352
Jul 202058913,90438.371.83$47,976
Jun 202097516,68934.901.69$62,237
May 202018215,63616.921.81$31,455
Apr 202057515,15014.751.80$35,818
Mar 202058216,91730.341.86$49,060
Feb 202057717,79749.881.98$64,031
Jan 202074518,01957.252.09$80,396
Dec 201978514,58159.012.30$79,923
Nov 201958615,56655.302.75$75,223
Oct 201973916,29453.472.42$78,922
Sep 201997216,46955.052.66$97,271
Aug 201971917,20553.112.30$77,833
Jul 201987615,89956.272.46$88,405
Jun 201998214,34952.782.49$87,576
May 201974818,11358.482.74$93,378
Apr 201977912,00762.632.75$81,816
Mar 201998018,70556.803.06$112,941
Feb 201995115,81950.852.79$92,528
Jan 201994117,82846.033.23$100,866
Dec 201894617,90146.594.19$118,998
Nov 201896215,79252.934.24$117,833
Oct 20181,29918,29261.443.40$141,968
Sep 201893815,95259.543.11$105,427
Aug 20181,11817,67459.403.07$120,608
Jul 20181,44714,66665.142.93$137,257
Jun 20181,09714,51260.183.08$110,670
May 20181,27916,26865.382.90$130,811
Apr 20181,67516,76263.842.90$155,555
Mar 20181,31617,28561.222.79$128,736
Feb 20181,1669,13261.782.77$97,296
Jan 201898013,40762.874.01$115,366
Dec 20171,36028,04457.272.92$159,818
Nov 20171,16631,19155.423.12$161,884
Oct 20171,58131,23749.292.98$171,129
Sep 20171,68131,82447.523.09$178,131
Aug 20171,14431,03645.373.00$145,148
Jul 20171,81137,66243.873.09$195,722
Jun 20172,11739,13742.493.09$210,778
May 20172,48341,59445.373.26$248,392
Apr 20173,37341,31547.933.21$294,355
Mar 201759311,43346.772.98$61,847
Feb 20171993,12550.452.95$19,266
Jan 20170049.413.42$0
Dec 20163818,63648.763.72$50,728
Nov 20161972,43342.492.64$14,804
Oct 2016027246.193.09$841
Sep 20161757,06041.553.10$29,162
Aug 201664327,56541.442.92$107,255
Jul 201673413,43241.622.92$69,829

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           195 bbl  × $106.41 =    $20,750
Gas                5,173 Mcf  × $  3.05 =    $15,756

────────────────────────────────────────────────────
Month total                                  $36,506

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/281626 is the state's own key, not one this site invented.