MESTENA , INC. "E"

MESTENA , INC. "E" is a Texas gas lease in Jim Hogg County, Railroad Commission district 04, operated by Cody Energy, Inc. It has 1 wellbore on file with the Commission. Reported production runs from February 1996 to August 2026, totalling 1,628,893 thousand cubic feet. The lease is intermittent. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values the whole lease — a 100% undivided interest — at about $63K, with roughly $20K expected over the next twelve months. An individual royalty owner receives their own decimal interest times that figure. Over the last twelve months on file it averaged 288 thousand cubic feet a month. Its strongest month on the record we hold was February 2026, at 833 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 22% of what they went on to produce, and that measured error is the range shown on the page rather than a confidence of our own devising.

Key facts about MESTENA , INC. "E"

Who operates MESTENA , INC. "E"?: MESTENA , INC. "E" is operated by Cody Energy, Inc., Railroad Commission of Texas operator number 164464.
Where is MESTENA , INC. "E"?: MESTENA , INC. "E" is a Texas gas lease in Jim Hogg County, Texas, in Railroad Commission district 04. Its Railroad Commission lease number is 157018.
Is MESTENA , INC. "E" still producing?: MESTENA , INC. "E" is intermittent. The most recent month of production reported to the Railroad Commission of Texas for MESTENA , INC. "E" is August 2026.
How much has MESTENA , INC. "E" produced?: MESTENA , INC. "E" has reported 1,628,893 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between February 1996 and August 2026, from 1 wellbore.
How much is MESTENA , INC. "E" worth?: The remaining production from MESTENA , INC. "E" is estimated to be worth about $63K in total as of 27 August 2026, within a range of $49K to $76K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MESTENA , INC. "E" is a fraction of it. The estimate fits an Arps decline curve to the production MESTENA , INC. "E" has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MESTENA , INC. "E" is an estimate of value, not an offer and not an appraisal.
How much income does MESTENA , INC. "E" generate in a year?: MESTENA , INC. "E" is forecast to net about $20K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in MESTENA , INC. "E" receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

MESTENA , INC. "E" as filed with the Railroad Commission of Texas
Operator	Cody Energy, Inc.
Field	Mestena Grande (Queen City)
County	Jim Hogg County, Texas
RRC district	04
Lease number	157018
Wellbores	1
Reported production	1,628,893 mcf
First reported	February 1996
Last reported	August 2026
Estimated royalty value	$63K

Where MESTENA , INC. "E" sits

Source: Railroad Commission of Texas lease production records, complete through August 2026. Figures on this page were computed on 27 August 2026.

Production figures are as reported to the Railroad Commission of Texas. The value shown is an estimate produced by fitting a decline curve to that reported history; it is not an offer or an appraisal. How this estimate is calculated.