VELA, J. M.

Operated by HILCORP ENERGY COMPANY (P-5 386310) in the LAREDO (LOBO) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 114435District 04Field 52025500NGPA filingCondensateGasSaveExport
Value, all time
$701 k
Jan 1993 – May 2026
Value, last 12 filed months
$32 k
at the published price for each month
Months reported
401
no gaps in the span
Streams
2
condensate, gas

The Railroad Commission's own record for the field this lease produces from, including the spacing rule that governs how close together its wells may be drilled.

These are facts about the field, not about this lease. The field holds 281 leases and 281 wells, and the rule below applies to all of them.

Discovered
1976-02-01
as the register files it
Field class
Gas
the register's own label
Between wells
1,320 ft
minimum
From a lease line
660 ft
minimum

A drilling unit in this field needs at least 160 acres. The field rule took effect on 1976-02-01.

The Commission's schedule remark for this field reads: SURVEYS.

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

What this lease produced, and what it was worth

Oil and condensate are valued on the volume the state records as disposed of; gas and casinghead gas on the volume produced. They are different columns of different files, and the difference is not cosmetic.

StreamBasisVolumeValue
CondensateDisposition466 bbl$29,755
GasProduction215,715 Mcf$671,649
Total$701,403

44,853 Mcf of this lease's gas, across 39 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

Wells on this lease (1)

Every wellbore the Railroad Commission records against this lease key, with the depth, the last completion and the plug date exactly as filed. A well with no plug date is not stated to be producing — the state files no such flag.

These wells centre on 27.2801, -99.3832. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.28008, -99.38323 · centre of the wells drawn, derived

What these wells add up to

Every figure below is counted over all of this lease's wells, not over the rows listed above. The Railroad Commission files two facts about a well's state — a plug date and a proration-schedule flag — and a well can carry both, so they are published as separate counts and never merged into a status.

On the schedule
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
9,000 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
1100.0%

A plug date is the date the Commission recorded the wellbore as sealed with cement and abandoned. It is the only end-of-life fact Texas files. There is no "active" flag on a well, so this page does not print one — a well with no plug date is not stated to be producing.

How deep they were drilled

The one well that filed a depth was drilled to 9,000 ft.

Completions filed
Nov 1984
1 of 1 wells

1 well

42-5053191769,000 ftNov 1984

The API number is the state's, prefixed 42 for Texas. A well is matched to this lease by the lease key the Commission files on the wellbore record, so a well that has moved between leases appears under each one it was filed against.

Every month this lease reported (401)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

401 months

May 20260715106.413.05$2,178
Apr 2026070298.932.87$2,015
Mar 2026066789.753.15$2,101
Feb 2026059563.503.75$2,231
Jan 2026071959.138.00$5,751
Dec 2025073156.664.41$3,226
Nov 2025071958.593.93$2,823
Oct 2025074059.383.30$2,446
Sep 2025073162.743.08$2,249
Aug 2025076163.933.01$2,294
Jul 2025079166.743.32$2,622
Jun 2025076466.483.13$2,390
May 2025080060.553.23$2,586
Apr 2025077362.363.54$2,739
Mar 2025085367.704.27$3,641
Feb 2025073870.884.34$3,204
Jan 2025086074.324.28$3,680
Dec 2024087468.993.12$2,728
Nov 2024090669.052.20$1,992
Oct 2024092871.372.28$2,117
Sep 2024080269.612.36$1,896
Aug 2024088475.632.06$1,824
Jul 2024083479.932.15$1,790
Jun 2024083478.082.63$2,197
May 202401,04578.812.20$2,297
Apr 2024098784.451.66$1,638
Mar 202401,01580.301.55$1,568
Feb 202401,03576.091.78$1,846
Jan 202401,33873.023.30$4,412
Dec 202301,71671.262.61$4,480
Nov 2023046377.892.81$1,300
Oct 20230085.443.09$0
Sep 2023016189.042.74$440
Aug 2023017280.522.67$460
Jul 20230074.852.64$0
Jun 2023073468.962.26$1,658
May 202301,01070.622.23$2,250
Apr 2023096778.122.24$2,164
Mar 202301,21272.852.39$2,901
Feb 202301,14275.112.47$2,816
Jan 202301,32176.533.39$4,475
Dec 202201,36076.415.73$7,792
Nov 202201,30685.005.65$7,374
Oct 202201,42387.185.86$8,344
Sep 202201,42184.888.16$11,601
Aug 202201,49094.529.13$13,599
Jul 202201,495101.587.54$11,275
Jun 202201,488115.097.98$11,870
May 202201,496109.378.43$12,616
Apr 202201,473104.226.84$10,072
Mar 202201,504108.885.08$7,635
Feb 202201,53691.054.86$7,463
Jan 202201,65581.844.54$7,510
Dec 202101,65771.323.90$6,461
Nov 202101,73277.435.24$9,070
Oct 202101,81079.795.71$10,342
Sep 202101,64369.865.35$8,792
Aug 202101,51266.024.22$6,382
Jul 202101,25670.783.98$5,001
Jun 202101,96969.493.38$6,656
May 202101,00263.483.02$3,024
Apr 2021094160.362.76$2,596
Mar 2021094661.302.72$2,570
Feb 2021066557.805.55$3,689
Jan 2021082450.412.81$2,316
Dec 2020087344.642.68$2,336
Nov 2020067238.772.71$1,819
Oct 2020076736.972.48$1,901
Sep 2020078537.091.99$1,563
Aug 2020080639.982.39$1,922
Jul 2020092438.371.83$1,686
Jun 202001,30434.901.69$2,204
May 202001,71116.921.81$3,105
Apr 202001,25914.751.80$2,272
Mar 2020027130.341.86$503
Feb 202001149.881.98$22
Jan 202001557.252.09$31
Dec 201901859.012.30$41
Nov 20190955.302.75$25
Oct 201901353.472.42$31
Sep 201901455.052.66$37
Aug 201903753.112.30$85
Jul 201904656.272.46$113
Jun 201903852.782.49$95
May 2019011758.482.74$321
Apr 201905062.632.75$138
Mar 201905556.803.06$168
Feb 2019011550.852.79$321
Jan 20192323446.033.23$1,814
Dec 2018023946.594.19$1,000
Nov 2018024752.934.24$1,047
Oct 2018024861.443.40$843
Sep 2018023159.543.11$718
Aug 2018023459.403.07$718
Jul 2018024465.142.93$715
Jun 2018025560.183.08$785
May 20185221065.382.90$4,009
Apr 2018019763.842.90$571
Mar 2018020161.222.79$560
Feb 2018017561.782.77$484
Jan 2018019962.874.01$798
Dec 2017022157.272.92$646
Nov 2017022355.423.12$695
Oct 2017022949.292.98$683
Sep 2017022647.523.09$698
Aug 201703345.373.00$99
Jul 20170543.873.09$15
Jun 20170842.493.09$25
May 201706845.373.26$222
Apr 201706147.933.21$196
Mar 201707746.772.98$230
Feb 201701850.452.95$53
Jan 2017010749.413.42$366
Dec 2016032348.763.72$1,202
Nov 2016033442.492.64$883
Oct 2016038146.193.09$1,177
Sep 2016037441.553.10$1,160
Aug 2016024841.442.92$725
Jul 201674441.622.92$420
Jun 201608045.352.69$215
May 201604442.521.99$88
Apr 201603536.561.99$70
Mar 2016114733.011.79$447
Feb 201604726.472.06$97
Jan 201604227.352.36$99
Dec 201502432.362.00$48
Nov 201503838.792.17$82
Oct 201504043.552.43$97
Sep 201503742.992.76$102
Aug 2015013840.162.87$396
Jul 2015028848.152.95$848
Jun 2015032156.152.88$925
May 2015016855.212.96$497
Apr 2015011849.822.71$319
Mar 201508842.892.93$258
Feb 201505144.662.98$152
Jan 201507743.433.10$239
Dec 201404254.693.59$151
Nov 201407770.464.25$327
Oct 201406778.303.90$261
Sep 201407186.164.05$287
Aug 201445189.394.04$563
Jul 201438896.564.18$657
Jun 201443998.164.74$577
May 2014115394.734.73$1,293
Apr 201463995.944.81$763
Mar 201404195.895.06$207
Feb 201436097.406.19$664
Jan 201418790.404.86$513
Dec 201364091.824.35$725
Nov 201348188.853.74$658
Oct 2013213097.423.78$686
Sep 20132176104.113.72$863
Aug 2013088104.253.52$310
Jul 20137103102.523.72$1,101
Jun 20134412494.403.93$4,641
May 201306494.834.15$266
Apr 201307993.964.28$338
Mar 2013110193.623.91$489
Feb 201308391.233.42$284
Jan 201309791.603.42$332
Dec 201205486.773.42$185
Nov 2012012286.953.62$442
Oct 2012012089.383.40$408
Sep 2012010494.672.92$304
Aug 2012011692.662.91$337
Jul 201209085.133.02$272
Jun 2012010879.822.52$272
May 2012010891.612.49$269
Apr 20120115101.652.00$230
Mar 2012287105.052.22$403
Feb 20126121101.102.57$918
Jan 2012015898.092.73$432
Dec 201167996.873.24$837
Nov 201154695.723.31$631
Oct 2011510384.983.65$801
Sep 2011011983.623.99$474
Aug 2011214283.404.15$756
Jul 2011510594.144.52$945
Jun 2011310092.904.64$743
May 2011612298.134.40$1,126
Apr 20113102105.964.33$760
Mar 2011512896.364.06$1,001
Feb 2011411485.644.18$819
Jan 2011013786.504.59$629
Dec 2010013285.734.35$574
Nov 2010511780.843.80$848
Oct 2010513978.103.51$878
Sep 2010011272.633.98$446
Aug 2010012973.684.42$570
Jul 2010012572.554.74$592
Jun 2010011970.364.91$584
May 2010012571.124.24$529
Apr 201008881.694.12$363
Mar 201006478.394.39$281
Feb 2010012873.585.44$697
Jan 2010013974.365.96$829
Dec 2009014571.445.48$795
Nov 2009014174.593.75$529
Oct 2009015172.544.11$621
Sep 2009014765.543.06$451
Aug 2009016867.423.22$541
Jul 2009014061.133.46$485
Jun 2009015166.163.90$588
May 200909954.743.93$389
Apr 2009011246.773.59$402
Mar 2009017642.144.06$714
Feb 2009010332.814.63$477
Jan 2009011035.865.37$591
Dec 2008012537.105.98$747
Nov 2008012155.496.86$830
Oct 2008014875.246.92$1,024
Sep 20080151101.767.88$1,189
Aug 20080171114.228.48$1,451
Jul 20080166131.0811.39$1,891
Jun 20080145131.3313.03$1,890
May 200841222123.1711.57$7,619
Apr 20080244110.3110.45$2,551
Mar 20080135101.909.66$1,305
Feb 2008019292.538.77$1,684
Jan 2008025290.388.21$2,068
Dec 2007021788.337.30$1,585
Nov 2007013791.677.29$999
Oct 2007018282.856.92$1,260
Sep 2007014175.846.24$880
Aug 2007014669.066.39$933
Jul 2007012870.906.39$818
Jun 200707862.007.55$589
May 2007017558.747.85$1,373
Apr 2007016959.617.81$1,319
Mar 2007014956.927.30$1,088
Feb 2007012955.108.22$1,060
Jan 2007023250.306.73$1,561
Dec 2006022856.656.92$1,577
Nov 2006025754.207.62$1,958
Oct 2006128154.906.01$1,745
Sep 2006035360.085.04$1,778
Aug 2006054468.717.34$3,993
Jul 2006041569.376.34$2,632
Jun 2006047866.286.38$3,051
May 2006026066.016.42$1,671
Apr 2006045464.397.36$3,342
Mar 2006043456.707.08$3,074
Feb 2006044957.597.75$3,480
Jan 2006036160.598.93$3,225
Dec 2005021254.9413.42$2,844
Nov 2005045454.6910.59$4,807
Oct 2005035558.3413.80$4,897
Sep 2005026661.4512.08$3,213
Aug 2005017361.519.80$1,695
Jul 2005029955.697.84$2,345
Jun 2005018452.337.38$1,358
May 2005034945.226.65$2,321
Apr 2005071549.207.36$5,263
Mar 2005034950.377.15$2,497
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040749.706.52$46
Sep 200405943.245.28$312
Aug 200405342.375.55$294
Jul 2004016938.286.08$1,028
Jun 2004025536.106.43$1,640
May 2004049837.486.49$3,234
Apr 2004091734.475.86$5,372
Mar 2004070534.365.53$3,899
Feb 2004056132.455.51$3,091
Jan 2004020932.036.30$1,317
Dec 2003036930.266.30$2,325
Nov 2003039228.804.60$1,801
Oct 2003034128.174.76$1,623
Sep 200306926.314.75$328
Aug 2003048029.765.13$2,462
Jul 2003058929.415.17$3,046
Jun 2003037628.565.98$2,250
May 200302226.595.97$131
Apr 200306126.675.41$330
Mar 2003045531.146.10$2,774
Feb 2003047233.487.93$3,741
Jan 2003085830.315.58$4,789
Dec 2002093526.914.85$4,538
Nov 2002081124.664.14$3,355
Oct 2002079626.464.23$3,366
Sep 2002082727.443.64$3,006
Aug 2002047325.963.16$1,497
Jul 2002070724.583.06$2,165
Jun 2002052723.733.34$1,759
May 2002052024.663.58$1,864
Apr 2002082923.653.51$2,912
Mar 2002039322.003.10$1,219
Feb 2002054518.222.38$1,295
Jan 2002049417.172.38$1,174
Dec 2001048316.932.36$1,142
Nov 2001087218.072.41$2,098
Oct 2001028819.782.53$728
Sep 20010024.262.25$0
Aug 2001045924.873.05$1,401
Jul 2001079623.933.20$2,545
Jun 2001080924.563.82$3,094
May 2001051825.524.31$2,231
Apr 2001081724.685.34$4,359
Mar 200101,01024.545.38$5,430
Feb 2001036127.755.77$2,082
Jan 2001065627.478.40$5,510
Dec 200001,02726.889.12$9,369
Nov 2000085532.215.66$4,838
Oct 2000094331.235.15$4,852
Sep 200061,11431.875.19$5,969
Aug 200011826629.644.54$4,705
Jul 2000025528.534.09$1,043
Jun 2000042229.304.40$1,856
May 20000027.263.68$0
Apr 2000064724.513.12$2,016
Mar 2000065728.422.86$1,879
Feb 2000078027.622.73$2,127
Jan 2000073625.272.48$1,826
Dec 1999065924.282.42$1,597
Nov 1999077923.192.43$1,896
Oct 1999070220.982.80$1,968
Sep 1999050821.752.62$1,330
Aug 1999081819.262.88$2,352
Jul 1999081317.892.37$1,929
Jun 199901,25215.942.36$2,957
May 199901,16315.792.32$2,699
Apr 199901,37015.102.21$3,025
Mar 199901,58012.471.84$2,905
Feb 199901,3519.981.82$2,456
Jan 199901,64010.381.90$3,116
Dec 199801,7259.201.77$3,059
Nov 199802,30010.892.19$5,027
Oct 199802,75312.421.97$5,421
Sep 199803,26212.592.08$6,794
Aug 199803,91211.301.91$7,462
Jul 199802,45711.742.24$5,497
Jun 199801,57511.242.24$3,524
May 1998094012.622.21$2,074
Apr 199801,21013.042.51$3,031
Mar 199802,39612.802.31$5,533
Feb 1998035313.952.30$812
Jan 199806914.702.15$149
Dec 19970416.322.41$10
Nov 19970018.193.09$0
Oct 19970019.253.15$0
Sep 199704217.742.95$124
Aug 199707017.862.55$179
Jul 1997010617.582.25$238
Jun 1997013417.242.26$302
May 1997021418.972.31$494
Apr 1997022617.882.08$471
Mar 1997011218.951.94$217
Feb 1997016820.492.21$371
Jan 1997015823.483.54$559
Dec 1996010223.32$0
Nov 1996013721.97$0
Oct 1996019523.31$0
Sep 1996022322.22$0
Aug 1996024220.26$0
Jul 1996030119.55$0
Jun 1996034518.73$0
May 1996036819.43$0
Apr 1996035021.51$0
Mar 1996037719.38$0
Feb 1996030216.98$0
Jan 1996025917.07$0
Dec 1995027717.19$0
Nov 1995437316.00$64
Oct 1995050915.43$0
Sep 1995025416.18$0
Aug 199507315.92$0
Jul 19950015.24$0
Jun 1995015416.41$0
May 1995089417.56$0
Apr 199501,58617.73$0
Mar 199501,90716.44$0
Feb 199501,40316.58$0
Jan 199502,61015.92$0
Dec 19940015.03$0
Nov 19940015.90$0
Oct 19940015.58$0
Sep 19940015.29$0
Aug 19940016.13$0
Jul 19940017.56$0
Jun 19940017.09$0
May 19940015.88$0
Apr 1994721414.14$99
Mar 1994078112.46$0
Feb 199401,17412.50$0
Jan 199401,59512.66$0
Dec 199301,68112.33$0
Nov 199302,09014.49$0
Oct 199351,01715.85$79
Sep 199301,60715.03$0
Aug 1993090115.66$0
Jul 199302,49315.46$0
Jun 199302,43016.79$0
May 1993313,73117.68$548
Apr 199303,26118.05$0
Mar 199303,46418.14$0
Feb 199302,45717.90$0
Jan 199302,71616.93$0

How to read this page

The arithmetic is one multiplication per stream per month. Here it is, worked, on a real row from the table above.

May 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $106.41 =         $0
Gas                  715 Mcf  × $  3.05 =     $2,178

────────────────────────────────────────────────────
Month total                                   $2,178

The volumes are the state's, unchanged

Every barrel and every Mcf on this page is a number the Railroad Commission of Texas published in its monthly production query. Nothing is modelled, estimated or filled in.

The dollars are a multiplication, not a valuation

Volume × a published monthly price. It is not what the operator was paid: it takes no account of a contract, a differential, a transportation deduction, or the share any one owner holds.

Oil and gas are priced differently

Oil is a Texas realisation — the crude oil first purchase price. Gas is a benchmark, because no free Texas wellhead gas series exists at any date. The prices page publishes the difference rather than correcting it away.

A lease is not a well

The state reports oil on lease and gas on well, and this page is the lease grain. 04/G/114435 is the state's own key, not one this site invented.