VELA "B"

Operated by CANTERA OPERATING, LLC (P-5 129692) in the ROLETA (7483) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 115634District 04Field 77973500NGPA filingCondensateGasSaveExport
Value, all time
$397 k
Jan 1993 – Jul 2015
Value, last 12 filed months
$0
at the published price for each month
Months reported
271
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 64 leases and 64 wells, and the rule below applies to all of them.

Discovered
1955-08-16
as the register files it
Field class
Gas
the register's own label
Between wells
1,200 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2010-11-02.

The Commission's schedule remark for this field reads: PERMITTED/DRILLED/COMPLETED ON THE SAME LEASE.

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
CondensateDisposition141 bbl$11,120
GasProduction112,922 Mcf$385,701
Total$396,820

45,757 Mcf of this lease's gas, across 15 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 26.7785, -99.1953. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.77855, -99.19526 · 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
100.0%
1 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
7,310 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
1100.0%
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.
00.0%

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 7,310 ft.

Completions filed
Jul 2013
1 of 1 wells

1 well

42-5053193617,310 ftJul 2013Yes

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 (271)

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

271 months

Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 2013119088.853.74$10,573
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 201004880.843.80$182
Oct 201004278.103.51$147
Sep 201006272.633.98$247
Aug 2010012873.684.42$566
Jul 2010018772.554.74$886
Jun 2010011070.364.91$540
May 201006571.124.24$275
Apr 2010011781.694.12$482
Mar 20100878.394.39$35
Feb 20100673.585.44$33
Jan 20100774.365.96$42
Dec 200901371.445.48$71
Nov 2009012574.593.75$469
Oct 200906972.544.11$284
Sep 200909465.543.06$288
Aug 200908967.423.22$286
Jul 20090661.133.46$21
Jun 20090166.163.90$4
May 200902754.743.93$106
Apr 200908246.773.59$294
Mar 20090042.144.06$0
Feb 200909332.814.63$431
Jan 2009024035.865.37$1,289
Dec 2008023137.105.98$1,381
Nov 2008025955.496.86$1,777
Oct 2008019175.246.92$1,322
Sep 20080176101.767.88$1,386
Aug 20080198114.228.48$1,680
Jul 20080182131.0811.39$2,073
Jun 20080186131.3313.03$2,424
May 20080248123.1711.57$2,870
Apr 2008091110.3110.45$951
Mar 20080193101.909.66$1,865
Feb 2008029392.538.77$2,570
Jan 2008012890.388.21$1,050
Dec 2007018788.337.30$1,365
Nov 2007019991.677.29$1,451
Oct 2007017582.856.92$1,211
Sep 2007028775.846.24$1,792
Aug 2007024369.066.39$1,552
Jul 2007020770.906.39$1,322
Jun 2007043462.007.55$3,276
May 2007047458.747.85$3,719
Apr 2007068859.617.81$5,370
Mar 2007048056.927.30$3,505
Feb 2007046655.108.22$3,829
Jan 2007037050.306.73$2,489
Dec 2006043756.656.92$3,023
Nov 2006043054.207.62$3,276
Oct 2006049054.906.01$2,947
Sep 2006041360.085.04$2,080
Aug 2006045968.717.34$3,369
Jul 2006048469.376.34$3,070
Jun 2006045466.286.38$2,898
May 2006052366.016.42$3,360
Apr 2006056664.397.36$4,166
Mar 2006068456.707.08$4,845
Feb 2006056957.597.75$4,410
Jan 2006068960.598.93$6,155
Dec 2005060954.9413.42$8,170
Nov 2005045654.6910.59$4,828
Oct 2005068458.3413.80$9,436
Sep 2005069961.4512.08$8,443
Aug 2005060961.519.80$5,966
Jul 2005071155.697.84$5,577
Jun 2005080352.337.38$5,927
May 2005077745.226.65$5,168
Apr 2005075649.207.36$5,565
Mar 2005079650.377.15$5,695
Feb 2005051245.226.31$3,232
Jan 2005047743.166.32$3,016
Dec 2004080439.866.75$5,428
Nov 2004045645.286.33$2,887
Oct 2004022649.706.52$1,472
Sep 2004090143.245.28$4,761
Aug 2004078042.375.55$4,330
Jul 2004046338.286.08$2,817
Jun 2004026736.106.43$1,718
May 2004091937.486.49$5,969
Apr 2004089534.475.86$5,243
Mar 2004080534.365.53$4,452
Feb 200402732.455.51$149
Jan 2004010632.036.30$668
Dec 2003049630.266.30$3,126
Nov 2003053728.804.60$2,468
Oct 2003055028.174.76$2,618
Sep 2003053626.314.75$2,546
Aug 2003051529.765.13$2,642
Jul 2003058829.415.17$3,040
Jun 2003158828.565.98$3,547
May 2003070426.595.97$4,205
Apr 2003168526.675.41$3,731
Mar 2003075731.146.10$4,615
Feb 2003061233.487.93$4,851
Jan 2003085230.315.58$4,756
Dec 2002068726.914.85$3,335
Nov 2002073524.664.14$3,041
Oct 2002079926.464.23$3,379
Sep 2002087627.443.64$3,184
Aug 2002077425.963.16$2,449
Jul 2002074824.583.06$2,290
Jun 2002059823.733.34$1,996
May 2002074824.663.58$2,681
Apr 2002069423.653.51$2,438
Mar 200201,03622.003.10$3,214
Feb 2002083218.222.38$1,977
Jan 2002094117.172.38$2,236
Dec 200101,15416.932.36$2,729
Nov 2001063418.072.41$1,525
Oct 2001092519.782.53$2,339
Sep 2001096524.262.25$2,173
Aug 200101,25324.873.05$3,826
Jul 200101,23623.933.20$3,952
Jun 2001201,39424.563.82$5,822
May 200102,11625.524.31$9,114
Apr 200101,87524.685.34$10,004
Mar 200107,80724.545.38$41,974
Feb 2001075927.755.77$4,377
Jan 200101,08327.478.40$9,096
Dec 2000013526.889.12$1,232
Nov 20000032.215.66$0
Oct 20000031.235.15$0
Sep 20000031.875.19$0
Aug 20000029.644.54$0
Jul 20000028.534.09$0
Jun 20000029.304.40$0
May 20000027.263.68$0
Apr 20000024.513.12$0
Mar 20000028.422.86$0
Feb 20000027.622.73$0
Jan 20000025.272.48$0
Dec 19990024.282.42$0
Nov 19990023.192.43$0
Oct 19990020.982.80$0
Sep 19990021.752.62$0
Aug 19990019.262.88$0
Jul 19990017.892.37$0
Jun 19990015.942.36$0
May 19990015.792.32$0
Apr 19990015.102.21$0
Mar 19990012.471.84$0
Feb 1999009.981.82$0
Jan 19990010.381.90$0
Dec 1998009.201.77$0
Nov 19980010.892.19$0
Oct 19980012.421.97$0
Sep 19980012.592.08$0
Aug 19980011.301.91$0
Jul 19980011.742.24$0
Jun 19980011.242.24$0
May 19980012.622.21$0
Apr 19980013.042.51$0
Mar 19980012.802.31$0
Feb 19980013.952.30$0
Jan 19980014.702.15$0
Dec 19970016.322.41$0
Nov 19970018.193.09$0
Oct 19970019.253.15$0
Sep 19970017.742.95$0
Aug 19970017.862.55$0
Jul 19970017.582.25$0
Jun 19970017.242.26$0
May 19970018.972.31$0
Apr 19970017.882.08$0
Mar 19970018.951.94$0
Feb 19970020.492.21$0
Jan 19970023.483.54$0
Dec 19960023.32$0
Nov 19960021.97$0
Oct 19960023.31$0
Sep 19960022.22$0
Aug 19960020.26$0
Jul 19960019.55$0
Jun 19960018.73$0
May 19960019.43$0
Apr 19960021.51$0
Mar 19960019.38$0
Feb 19960016.98$0
Jan 19960017.07$0
Dec 19950017.19$0
Nov 19950016.00$0
Oct 19950015.43$0
Sep 19950016.18$0
Aug 19950015.92$0
Jul 19950015.24$0
Jun 19950016.41$0
May 19950017.56$0
Apr 19950017.73$0
Mar 19950016.44$0
Feb 19950016.58$0
Jan 19950015.92$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 19940014.14$0
Mar 1994019112.46$0
Feb 199401,73012.50$0
Jan 199403,44112.66$0
Dec 199303,70512.33$0
Nov 199303,23814.49$0
Oct 199303,08915.85$0
Sep 199302,79415.03$0
Aug 199303,22315.66$0
Jul 199303,18715.46$0
Jun 199303,25316.79$0
May 199303,67817.68$0
Apr 199303,51918.05$0
Mar 199303,68618.14$0
Feb 199303,19217.90$0
Jan 199303,83116.93$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.

Nov 2013 — as filed, then multipliedworked
Condensate           119 bbl  × $ 88.85 =    $10,573
Gas                    0 Mcf  × $  3.74 =         $0

────────────────────────────────────────────────────
Month total                                  $10,573

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/115634 is the state's own key, not one this site invented.