MESTENA OIL & GAS CO
MESTENA OIL & GAS CO is a Texas gas lease in Jim Hogg County, Railroad Commission district 04, operated by Wagner Oil Company. It has 1 wellbore on file with the Commission. Reported production runs from January 2007 to August 2026, totalling 501,946 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 $11K, with roughly $2K 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 100 thousand cubic feet a month. Its strongest month on the record we hold was December 2016, at 1,205 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 45% 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 CO
- Who operates MESTENA OIL & GAS CO?
- MESTENA OIL & GAS CO is operated by Wagner Oil Company, Railroad Commission of Texas operator number 891175.
- Where is MESTENA OIL & GAS CO?
- MESTENA OIL & GAS CO is a Texas gas lease in Jim Hogg County, Texas, in Railroad Commission district 04. Its Railroad Commission lease number is 225006.
- Is MESTENA OIL & GAS CO still producing?
- MESTENA OIL & GAS CO is intermittent. The most recent month of production reported to the Railroad Commission of Texas for MESTENA OIL & GAS CO is August 2026.
- How much has MESTENA OIL & GAS CO produced?
- MESTENA OIL & GAS CO has reported 501,946 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 2007 and August 2026, from 1 wellbore.
- How much is MESTENA OIL & GAS CO worth?
- The remaining production from MESTENA OIL & GAS CO is estimated to be worth about $11K in total as of 27 August 2026, within a range of $6K to $16K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MESTENA OIL & GAS CO is a fraction of it. The estimate fits an Arps decline curve to the production MESTENA OIL & GAS CO 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 CO is an estimate of value, not an offer and not an appraisal.
- How much income does MESTENA OIL & GAS CO generate in a year?
- MESTENA OIL & GAS CO is forecast to net about $2K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in MESTENA OIL & GAS CO receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Wagner Oil Company |
|---|---|
| Field | Jaron (Queen City) |
| County | Jim Hogg County, Texas |
| RRC district | 04 |
| Lease number | 225006 |
| Wellbores | 1 |
| Reported production | 501,946 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $11K |
Where MESTENA OIL & GAS CO 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.