VELA ESTATE

Operated by HILCORP ENERGY COMPANY (P-5 386310) 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 133353District 04Field 779730502 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.5 M
Jan 1993 – Apr 2022
Value, last 12 filed months
$0
at the published price for each month
Months reported
352
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.

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
High Cost Gas221992-05-26 – 2000-10-162 dockets
NGPA3none

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
CondensateDisposition12,709 bbl$245,021
GasProduction1,723,143 Mcf$3,220,317
Total$3,465,338

865,967 Mcf of this lease's gas, across 46 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 26.7516, -99.2142. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.75161, -99.21423 · 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
100.0%
1 of 1 wells
Median depth
8,690 ft
1 wells filed one
Completion to plug
15.9 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
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 8,690 ft.

Completions filed
May 2006
1 of 1 wells
Plug dates filed
Apr 2022
1 of 1 wells

Last completion to plug: a median of 15.9 years across the 1 well that filed both dates, with the middle half between 15.9 years and 15.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-5053260088,690 ftMay 2006Apr 2022Yes

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 (352)

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

352 months

Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 2020018838.371.83$343
Jun 2020037834.901.69$639
May 2020039216.921.81$711
Apr 2020044314.751.80$799
Mar 2020052830.341.86$980
Feb 2020051649.881.98$1,022
Jan 2020040757.252.09$853
Dec 2019037359.012.30$860
Nov 2019034155.302.75$938
Oct 2019049353.472.42$1,192
Sep 2019049655.052.66$1,318
Aug 2019048553.112.30$1,118
Jul 2019053756.272.46$1,321
Jun 2019052252.782.49$1,300
May 2019050058.482.74$1,370
Apr 2019051362.632.75$1,411
Mar 2019047556.803.06$1,455
Feb 2019048850.852.79$1,363
Jan 2019052046.033.23$1,679
Dec 2018039846.594.19$1,666
Nov 2018046552.934.24$1,970
Oct 2018046061.443.40$1,563
Sep 2018040259.543.11$1,249
Aug 2018082659.403.07$2,533
Jul 2018083365.142.93$2,442
Jun 2018074960.183.08$2,305
May 2018071965.382.90$2,086
Apr 2018051763.842.90$1,500
Mar 2018041061.222.79$1,143
Feb 2018055961.782.77$1,546
Jan 2018053462.874.01$2,141
Dec 2017067357.272.92$1,966
Nov 2017049255.423.12$1,534
Oct 2017070349.292.98$2,098
Sep 2017056547.523.09$1,744
Aug 2017053945.373.00$1,619
Jul 2017052343.873.09$1,615
Jun 2017058642.493.09$1,809
May 2017076845.373.26$2,506
Apr 2017067347.933.21$2,161
Mar 2017066746.772.98$1,990
Feb 2017049450.452.95$1,459
Jan 2017062549.413.42$2,137
Dec 2016075448.763.72$2,807
Nov 2016072642.492.64$1,920
Oct 2016078946.193.09$2,438
Sep 2016078541.553.10$2,434
Aug 2016067441.442.92$1,971
Jul 2016064141.622.92$1,875
Jun 2016058945.352.69$1,582
May 2016069542.521.99$1,384
Apr 2016065436.561.99$1,302
Mar 2016054333.011.79$974
Feb 2016067626.472.06$1,395
Jan 2016054727.352.36$1,293
Dec 2015068232.362.00$1,365
Nov 2015056238.792.17$1,218
Oct 2015054143.552.43$1,313
Sep 2015063042.992.76$1,738
Aug 2015079540.162.87$2,284
Jul 2015076848.152.95$2,262
Jun 2015064556.152.88$1,859
May 2015037355.212.96$1,102
Apr 2015064349.822.71$1,740
Mar 2015083542.892.93$2,450
Feb 2015060344.662.98$1,795
Jan 201501,06143.433.10$3,290
Dec 2014098954.693.59$3,552
Nov 201401,03970.464.25$4,418
Oct 201401,21478.303.90$4,736
Sep 20143295686.164.05$6,625
Aug 2014060689.394.04$2,445
Jul 2014080496.564.18$3,360
Jun 2014083298.164.74$3,941
May 2014082394.734.73$3,890
Apr 2014082995.944.81$3,987
Mar 2014066795.895.06$3,373
Feb 2014078997.406.19$4,885
Jan 2014192390.404.86$4,577
Dec 201301,37591.824.35$5,987
Nov 2013020488.853.74$763
Oct 2013074297.423.78$2,804
Sep 20130923104.113.72$3,431
Aug 20130822104.253.52$2,896
Jul 20130813102.523.72$3,023
Jun 2013081794.403.93$3,214
May 201301,05794.834.15$4,386
Apr 2013080393.964.28$3,439
Mar 2013098693.623.91$3,858
Feb 2013089891.233.42$3,071
Jan 2013080991.603.42$2,767
Dec 2012076286.773.42$2,606
Nov 2012078586.953.62$2,846
Oct 2012062989.383.40$2,138
Sep 2012072094.672.92$2,101
Aug 201201,02392.662.91$2,975
Jul 201201,21585.133.02$3,670
Jun 201201,19679.822.52$3,013
May 201201,23591.612.49$3,073
Apr 201201,076101.652.00$2,149
Mar 201201,129105.052.22$2,509
Feb 20120944101.102.57$2,426
Jan 201211,06898.092.73$3,018
Dec 201101,07296.873.24$3,473
Nov 201101,15795.723.31$3,831
Oct 201101,17984.983.65$4,302
Sep 201101,19183.623.99$4,747
Aug 201101,14283.404.15$4,739
Jul 201101,28994.144.52$5,823
Jun 201101,23392.904.64$5,721
May 201101,24998.134.40$5,502
Apr 201101,401105.964.33$6,071
Mar 201101,22996.364.06$4,986
Feb 2011094285.644.18$3,938
Jan 201101,07186.504.59$4,915
Dec 201001,17185.734.35$5,091
Nov 201001,16780.843.80$4,429
Oct 201001,29678.103.51$4,548
Sep 201001,24072.633.98$4,935
Aug 201001,18573.684.42$5,237
Jul 201001,18272.554.74$5,599
Jun 201001,30970.364.91$6,428
May 201001,22571.124.24$5,188
Apr 201001,02981.694.12$4,242
Mar 201001,10178.394.39$4,832
Feb 201001,06173.585.44$5,774
Jan 201001,36074.365.96$8,111
Dec 200901,44071.445.48$7,897
Nov 200921,30174.593.75$5,030
Oct 200901,52072.544.11$6,248
Sep 200911,59165.543.06$4,942
Aug 200911,65667.423.22$5,397
Jul 200911,52661.133.46$5,348
Jun 200911,60166.163.90$6,302
May 200942,57654.743.93$10,332
Apr 200922,55046.773.59$9,242
Mar 200944,39242.144.06$17,996
Feb 2009272,63032.814.63$13,071
Jan 200912,88135.865.37$15,510
Dec 200822,95137.105.98$17,713
Nov 200802,90355.496.86$19,916
Oct 200822,69175.246.92$18,778
Sep 200832,604101.767.88$20,817
Aug 200802,648114.228.48$22,463
Jul 200811,588131.0811.39$18,217
Jun 200811,605131.3313.03$21,049
May 200811,694123.1711.57$19,730
Apr 200811,603110.3110.45$16,869
Mar 200842,830101.909.66$27,757
Feb 20081162,81392.538.77$35,405
Jan 200863,24490.388.21$27,162
Dec 200743,38788.337.30$25,085
Nov 200733,40991.677.29$25,132
Oct 200753,54182.856.92$24,925
Sep 200713,89675.846.24$24,403
Aug 200764,15869.066.39$26,975
Jul 200734,95870.906.39$31,884
Jun 2007155,55662.007.55$42,869
May 200704,68658.747.85$36,768
Apr 200743,60759.617.81$28,392
Mar 200733,93056.927.30$28,868
Feb 200724,00755.108.22$33,032
Jan 2007115,24050.306.73$35,802
Dec 200634,91156.656.92$34,146
Nov 200635,62054.207.62$42,973
Oct 200665,17754.906.01$31,463
Sep 200657,31660.085.04$37,153
Aug 2006778,53568.717.34$67,937
Jul 2006012,06369.376.34$76,513
Jun 2006717,80766.286.38$114,142
May 200608,00766.016.42$51,445
Apr 200613,63264.397.36$26,798
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20031026.595.97$27
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 200254026.914.85$1,453
Nov 20020024.664.14$0
Oct 200263026.464.23$1,667
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 2002731024.583.06$1,825
Jun 2002010523.733.34$351
May 200203924.663.58$140
Apr 200203,04623.653.51$10,699
Mar 200203,67222.003.10$11,393
Feb 2002048618.222.38$1,155
Jan 20029658417.172.38$3,036
Dec 2001051516.932.36$1,218
Nov 2001053118.072.41$1,277
Oct 20018445819.782.53$2,820
Sep 2001047424.262.25$1,067
Aug 2001049024.873.05$1,496
Jul 20017291523.933.20$4,648
Jun 2001076024.563.82$2,906
May 20017069325.524.31$4,771
Apr 200104,01124.685.34$21,400
Mar 2001936,28624.545.38$36,079
Feb 20011926,26827.755.77$41,476
Jan 2001947,02427.478.40$61,575
Dec 2000957,58426.889.12$71,739
Nov 200008,37132.215.66$47,363
Oct 2000828,36231.235.15$45,588
Sep 2000769,05531.875.19$49,386
Aug 2000010,28929.644.54$46,720
Jul 20007110,81328.534.09$46,248
Jun 200003,32429.304.40$14,616
May 2000909,02227.263.68$35,652
Apr 2000948,97024.513.12$30,254
Mar 20009311,64628.422.86$35,948
Feb 20001847,26727.622.73$24,896
Jan 20009510,62025.272.48$28,744
Dec 1999897,72024.282.42$20,872
Nov 19991846,14523.192.43$19,224
Oct 199918612,20920.982.80$38,133
Sep 1999917,47821.752.62$21,563
Aug 19999011,26919.262.88$34,139
Jul 199925012,01717.892.37$32,981
Jun 1999749,89815.942.36$24,560
May 1999819,20915.792.32$22,653
Apr 1999549,12815.102.21$20,970
Mar 19992611,73812.471.84$21,903
Feb 19992411,0989.981.82$20,413
Jan 19997311,70710.381.90$23,000
Dec 19984512,3089.201.77$22,240
Nov 19985113,37610.892.19$29,792
Oct 19984711,25912.421.97$22,755
Sep 19984912,68012.592.08$27,025
Aug 19984713,11411.301.91$25,544
Jul 19989811,66111.742.24$27,239
Jun 19982612,72411.242.24$28,759
May 19985113,67012.622.21$30,804
Apr 19987314,53213.042.51$37,359
Mar 19986915,21512.802.31$36,021
Feb 19985611,54613.952.30$27,327
Jan 19986311,26614.702.15$25,202
Dec 19975112,18916.322.41$30,221
Nov 199710314,93518.193.09$47,997
Oct 19975614,63219.253.15$47,166
Sep 19975611,63817.742.95$35,382
Aug 19978612,97017.862.55$34,671
Jul 199711514,12617.582.25$33,762
Jun 19975114,77617.242.26$34,232
May 19979512,80118.972.31$31,353
Apr 19977812,74517.882.08$27,940
Mar 199710514,45118.951.94$30,012
Feb 19978013,87920.492.21$32,255
Jan 19977515,12723.483.54$55,306
Dec 19969215,07623.32$2,145
Nov 19963912,74921.97$857
Oct 19966113,55223.31$1,422
Sep 19968413,79022.22$1,866
Aug 19968414,30520.26$1,702
Jul 19968014,31519.55$1,564
Jun 19967917,21518.73$1,480
May 19967818,23319.43$1,516
Apr 199610817,45321.51$2,323
Mar 199610718,78019.38$2,074
Feb 199610613,81016.98$1,800
Jan 199613116,27017.07$2,236
Dec 199513215,63917.19$2,269
Nov 199510716,47116.00$1,712
Oct 19958116,99815.43$1,250
Sep 199513216,71716.18$2,136
Aug 199510717,21315.92$1,703
Jul 199513918,18315.24$2,118
Jun 19957917,74616.41$1,296
May 199516318,50417.56$2,862
Apr 19958517,43917.73$1,507
Mar 199519420,10516.44$3,189
Feb 199512620,08516.58$2,089
Jan 199514423,43215.92$2,292
Dec 1994837,70015.03$1,247
Nov 199410721,84115.90$1,701
Oct 199415722,88415.58$2,446
Sep 199413619,75915.29$2,079
Aug 199413116,87816.13$2,113
Jul 199416024,94717.56$2,810
Jun 199416625,25917.09$2,837
May 199420728,17215.88$3,287
Apr 199415028,25314.14$2,121
Mar 199426230,45712.46$3,265
Feb 199420830,72912.50$2,600
Jan 199443339,93412.66$5,482
Dec 199368629,09812.33$8,458
Nov 199381533,69314.49$11,809
Oct 199381649,56515.85$12,934
Sep 19932956,09015.03$4,434
Aug 19930015.66$0
Jul 199325015.46$387
Jun 1993612,79916.79$1,024
May 1993513,76517.68$902
Apr 1993567,07318.05$1,011
Mar 1993468,03918.14$834
Feb 19936311,68617.90$1,128
Jan 19936313,26616.93$1,067

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.

Jul 2020 — as filed, then multipliedworked
Condensate             0 bbl  × $ 38.37 =         $0
Gas                  188 Mcf  × $  1.83 =       $343

────────────────────────────────────────────────────
Month total                                     $343

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/133353 is the state's own key, not one this site invented.