MESTENA OIL & GAS COMPANY
MESTENA OIL & GAS COMPANY is a Texas gas lease in Jim Hogg County, Railroad Commission district 04, operated by Pitco Investments, Ltd. It has 1 wellbore on file with the Commission. Reported production runs from January 2003 to August 2026, totalling 1,212,921 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 $45K, with roughly $11K 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 685 thousand cubic feet a month. Its strongest month on the record we hold was May 2025, at 3,043 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 OIL & GAS COMPANY
- Who operates MESTENA OIL & GAS COMPANY?
- MESTENA OIL & GAS COMPANY is operated by Pitco Investments, Ltd., Railroad Commission of Texas operator number 665868.
- Where is MESTENA OIL & GAS COMPANY?
- MESTENA OIL & GAS COMPANY is a Texas gas lease in Jim Hogg County, Texas, in Railroad Commission district 04. Its Railroad Commission lease number is 192733.
- Is MESTENA OIL & GAS COMPANY still producing?
- MESTENA OIL & GAS COMPANY is intermittent. The most recent month of production reported to the Railroad Commission of Texas for MESTENA OIL & GAS COMPANY is August 2026.
- How much has MESTENA OIL & GAS COMPANY produced?
- MESTENA OIL & GAS COMPANY has reported 1,212,921 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 2003 and August 2026, from 1 wellbore.
- How much is MESTENA OIL & GAS COMPANY worth?
- The remaining production from MESTENA OIL & GAS COMPANY is estimated to be worth about $45K in total as of 27 August 2026, within a range of $35K to $55K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MESTENA OIL & GAS COMPANY is a fraction of it. The estimate fits an Arps decline curve to the production MESTENA OIL & GAS COMPANY has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MESTENA OIL & GAS COMPANY is an estimate of value, not an offer and not an appraisal.
- How much income does MESTENA OIL & GAS COMPANY generate in a year?
- MESTENA OIL & GAS COMPANY is forecast to net about $11K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in MESTENA OIL & GAS COMPANY receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Pitco Investments, Ltd. |
|---|---|
| Field | Jaron (Queen City) |
| County | Jim Hogg County, Texas |
| RRC district | 04 |
| Lease number | 192733 |
| Wellbores | 1 |
| Reported production | 1,212,921 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $45K |
Where MESTENA OIL & GAS COMPANY sits
Source: Railroad Commission of Texas lease production records, complete through . Figures on this page were computed on .
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.