VELA "C"

Operated by PRIZE OPERATING COMPANY (P-5 679278) in the ROLETA (WILCOX CONSOLIDATED) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 124065District 04Field 77973050CondensateGasSaveExport
Value, all time
$186 k
Jan 1993 – Mar 2000
Value, last 12 filed months
$44 k
at the published price for each month
Months reported
87
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 345 leases and 345 wells, and the rule below applies to all of them.

Discovered
1995-01-09
as the register files it
Field class
Gas
the register's own label
Between wells
933 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.

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
CondensateDisposition1,507 bbl$23,887
GasProduction471,279 Mcf$162,450
Total$186,338

404,956 Mcf of this lease's gas, across 48 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 26.7903, -99.1838. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.79028, -99.18375 · 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
9,817 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 9,817 ft.

Completions filed
Dec 1999
1 of 1 wells

1 well

42-5053226219,817 ftDec 1999Yes

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 (87)

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

87 months

Mar 20000028.422.86$0
Feb 20000027.622.73$0
Jan 2000107025.272.48$2,704
Dec 19990024.282.42$0
Nov 199902,07323.192.43$5,046
Oct 199904,40620.982.80$12,353
Sep 199902,49721.752.62$6,539
Aug 199901,80419.262.88$5,188
Jul 1999095917.892.37$2,275
Jun 1999095615.942.36$2,258
May 199902,52215.792.32$5,854
Apr 1999084015.102.21$1,855
Mar 19990012.471.84$0
Feb 1999009.981.82$0
Jan 19990010.381.90$0
Dec 199801,6649.201.77$2,951
Nov 199801,42010.892.19$3,104
Oct 1998066612.421.97$1,311
Sep 199802,92112.592.08$6,083
Aug 199801,22811.301.91$2,342
Jul 19981941,62811.742.24$5,920
Jun 199801,95111.242.24$4,365
May 199802,49212.622.21$5,498
Apr 199803,43313.042.51$8,601
Mar 1998049312.802.31$1,139
Feb 199801,46213.952.30$3,361
Jan 199801,88714.702.15$4,066
Dec 199702,03716.322.41$4,911
Nov 199702,37318.193.09$7,328
Oct 199703,51519.253.15$11,072
Sep 199701,84317.742.95$5,446
Aug 199703,29217.862.55$8,410
Jul 199703,82517.582.25$8,595
Jun 199702,27617.242.26$5,137
May 199701,65618.972.31$3,823
Apr 199701,67717.882.08$3,493
Mar 199701,54918.951.94$3,004
Feb 199703,16420.492.21$6,979
Jan 199701,81423.483.54$6,421
Dec 199601,67523.32$0
Nov 199602,01921.97$0
Oct 199602,28623.31$0
Sep 199603,95022.22$0
Aug 199601,73720.26$0
Jul 199602,56119.55$0
Jun 199603,45118.73$0
May 199603,37819.43$0
Apr 199602,50621.51$0
Mar 199604,50119.38$0
Feb 199602,73916.98$0
Jan 199603,69417.07$0
Dec 199504,10117.19$0
Nov 199504,26116.00$0
Oct 199503,33015.43$0
Sep 19951944,20516.18$3,139
Aug 199504,12715.92$0
Jul 199504,84615.24$0
Jun 199506,40916.41$0
May 199507,58317.56$0
Apr 199507,89017.73$0
Mar 199508,34316.44$0
Feb 199507,75316.58$0
Jan 199508,64615.92$0
Dec 19941789,00715.03$2,675
Nov 199408,71415.90$0
Oct 199409,21715.58$0
Sep 1994010,48015.29$0
Aug 1994011,41416.13$0
Jul 199407,35017.56$0
Jun 199408,88417.09$0
May 199409,11815.88$0
Apr 199409,45014.14$0
Mar 199419710,65212.46$2,455
Feb 199409,83412.50$0
Jan 1994014,50712.66$0
Dec 199318,21012.33$12
Nov 1993013,82814.49$0
Oct 1993013,39615.85$0
Sep 199319214,36515.03$2,886
Aug 1993017,77815.66$0
Jul 1993014,62515.46$0
Jun 1993014,33716.79$0
May 1993015,95117.68$0
Apr 199319815,43318.05$3,574
Mar 1993017,00618.14$0
Feb 1993016,76817.90$0
Jan 199324618,64116.93$4,165

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.

Jan 2000 — as filed, then multipliedworked
Condensate           107 bbl  × $ 25.27 =     $2,704
Gas                    0 Mcf  × $  2.48 =         $0

────────────────────────────────────────────────────
Month total                                   $2,704

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/124065 is the state's own key, not one this site invented.