VEALE (MARBLE FALLS), District 7B, Texas

A field is the Railroad Commission's unit of geology and of regulation. Its spacing rule is what decides how many wells an acreage can hold.

Leases

with a page here

Operators

Value, all time

$23.1 M

67% of the register's 24

Discovered

1971-02-26

Oil and gas

Our estimate: volumes the operator filed with the Commission, valued at the EIA first-purchase price for that month. It is not a payment anyone received, and it is not a royalty. It sums the 16 leases in this field that have a page here — 67% of the register's 24 — so it understates the field.

Production, 2025

The Railroad Commission's Oil and Gas Annual Report for 2025, its most recent. These are the state's figures for the whole field, not ours.

Wells	In the field	Producing	Produced in 2025	Also produced	Cumulative
Oil	6	6	1,396 bbl	6,489 mcfcasinghead	826,716 bblsince discovery
Gas	10	10	29,493 mcf	632 bblcondensate	11,413,552 mcfsince 1970

The discovery well's oil measured 41.8° API gravity, perforated at 3,962 ft.

Spacing rule

What the Commission requires of a well on this field.

Wells	Rule	Effective	From the lease line	Between wells	Acres per unit	Max diagonal
Gas	B	1972-07-10	467 ft	933 ft	40	2,300 ft
Oil	B	—	467 ft	933 ft	40	2,300 ft

Commission remarks: PER DOCKET 7B-61993 EFF 7-10-72, FIELD RULES ADOPTED.

County

Stephens County

Leases in this field

Every lease here files this field's number with the Commission and has a page on this site.

Lease	Operator	Value
DUNLAP, J.G.	ITX CORPORATION	$4.4 M
WALKER, G. B.	ITX CORPORATION	$3.1 M
MM TERRY RANCH, LTD.	ITX CORPORATION	$3.1 M
VEALE,A.S. "C"	ITX CORPORATION	$3.0 M
FREEMAN, A.	ITX CORPORATION	$1.8 M
WALKER, G. B.	ITX CORPORATION	$1.5 M
MM TERRY RANCH LTD	ITX CORPORATION	$1.2 M
VEALE,A.S. "C"	ITX CORPORATION	$1.1 M
VEALE PARKS "1405"	SOUTHLAKE EXPLORATION, INC.	$1.1 M
VEALE, A.S. "C"	ITX CORPORATION	$917 k
YANDELL, M.	ITX CORPORATION	$670 k
VEALE, A. S. "C"	ITX CORPORATION	$385 k
WALKER, G. B.	ITX CORPORATION	$353 k
VEALE, A.S. "C"	ITX CORPORATION	$330 k
DUNLAP,J.G.	ITX CORPORATION	$218 k
DUNLAP, J. G.	ITX CORPORATION	$3 k

Field number 93294500, from the Railroad Commission's field register. The register's own index resolves 24 leases and 33 wells to this field by name, over every lease in Texas rather than only those with a page here. It resolves a lease by NAME and refuses an ambiguous one, so it counts nothing for a field that shares its name with another — which is why the lease count above comes from the field number instead.