MESTENA OIL AND GAS
MESTENA OIL AND GAS is a Texas gas lease in Jim Hogg County, Railroad Commission district 04, operated by Cody Energy LLC. It has 1 wellbore on file with the Commission. Reported production runs from December 2003 to August 2026, totalling 879,290 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 $58K, 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 1,394 thousand cubic feet a month. Its strongest month on the record we hold was May 2025, at 3,106 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 17% 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 AND GAS
- Who operates MESTENA OIL AND GAS?
- MESTENA OIL AND GAS is operated by Cody Energy LLC, Railroad Commission of Texas operator number 164455.
- Where is MESTENA OIL AND GAS?
- MESTENA OIL AND GAS is a Texas gas lease in Jim Hogg County, Texas, in Railroad Commission district 04. Its Railroad Commission lease number is 199616.
- Is MESTENA OIL AND GAS still producing?
- MESTENA OIL AND GAS is intermittent. The most recent month of production reported to the Railroad Commission of Texas for MESTENA OIL AND GAS is August 2026.
- How much has MESTENA OIL AND GAS produced?
- MESTENA OIL AND GAS has reported 879,290 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between December 2003 and August 2026, from 1 wellbore.
- How much is MESTENA OIL AND GAS worth?
- The remaining production from MESTENA OIL AND GAS is estimated to be worth about $58K in total as of 27 August 2026, within a range of $48K to $67K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MESTENA OIL AND GAS is a fraction of it. The estimate fits an Arps decline curve to the production MESTENA OIL AND GAS 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 AND GAS is an estimate of value, not an offer and not an appraisal.
- How much income does MESTENA OIL AND GAS generate in a year?
- MESTENA OIL AND GAS 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 OIL AND GAS receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Cody Energy LLC |
|---|---|
| Field | Mestena Grande (Queen City Cons) |
| County | Jim Hogg County, Texas |
| RRC district | 04 |
| Lease number | 199616 |
| Wellbores | 1 |
| Reported production | 879,290 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $58K |
Where MESTENA OIL AND GAS 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.