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 135892District 04Field 779730502 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.5 M
Jan 1993 – Oct 2025
Value, last 12 filed months
$4 k
at the published price for each month
Months reported
394
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 Gas331992-08-19 – 2000-10-233 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
CondensateDisposition3,809 bbl$73,907
GasProduction2,125,275 Mcf$2,383,735
Total$2,457,643

1,611,036 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 26.7552, -99.2193. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.75522, -99.21932 · 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
8,648 ft
1 wells filed one
Completion to plug
19.5 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 8,648 ft.

Completions filed
Apr 2006
1 of 1 wells
Plug dates filed
Oct 2025
1 of 1 wells

Last completion to plug: a median of 19.5 years across the 1 well that filed both dates, with the middle half between 19.5 years and 19.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-5053264698,648 ftApr 2006Oct 2025Yes

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 (394)

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

394 months

Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 2025028170.884.34$1,220
Jan 202509874.324.28$419
Dec 2024049468.993.12$1,542
Nov 2024044769.052.20$983
Oct 2024050871.372.28$1,159
Sep 2024023369.612.36$551
Aug 2024045375.632.06$935
Jul 2024061279.932.15$1,314
Jun 2024030078.082.63$790
May 2024074678.812.20$1,640
Apr 2024086184.451.66$1,429
Mar 2024051780.301.55$799
Feb 2024051176.091.78$911
Jan 2024045073.023.30$1,484
Dec 2023067571.262.61$1,762
Nov 2023044977.892.81$1,261
Oct 2023046085.443.09$1,420
Sep 2023025489.042.74$695
Aug 2023036180.522.67$965
Jul 2023035374.852.64$933
Jun 2023023668.962.26$533
May 2023035870.622.23$797
Apr 2023030378.122.24$678
Mar 2023034272.852.39$818
Feb 2023021575.112.47$530
Jan 2023030476.533.39$1,030
Dec 2022029876.415.73$1,707
Nov 2022046985.005.65$2,648
Oct 2022027287.185.86$1,595
Sep 2022034884.888.16$2,841
Aug 2022038694.529.13$3,523
Jul 20220279101.587.54$2,104
Jun 20220475115.097.98$3,789
May 20220410109.378.43$3,458
Apr 20220371104.226.84$2,537
Mar 20220403108.885.08$2,046
Feb 2022038691.054.86$1,876
Jan 2022032481.844.54$1,470
Dec 2021021771.323.90$846
Nov 2021036877.435.24$1,927
Oct 2021056179.795.71$3,205
Sep 2021034669.865.35$1,851
Aug 2021043066.024.22$1,815
Jul 2021036270.783.98$1,442
Jun 2021042869.493.38$1,447
May 2021041763.483.02$1,258
Apr 2021038060.362.76$1,048
Mar 2021043361.302.72$1,176
Feb 2021032757.805.55$1,814
Jan 2021036750.412.81$1,031
Dec 2020038144.642.68$1,019
Nov 2020048938.772.71$1,324
Oct 2020040536.972.48$1,004
Sep 2020069037.091.99$1,374
Aug 2020058139.982.39$1,386
Jul 2020023938.371.83$436
Jun 2020037434.901.69$632
May 2020043416.921.81$788
Apr 2020051914.751.80$936
Mar 2020047830.341.86$887
Feb 2020046649.881.98$923
Jan 2020046957.252.09$982
Dec 2019041259.012.30$949
Nov 2019042155.302.75$1,158
Oct 2019040353.472.42$975
Sep 2019047955.052.66$1,273
Aug 2019027253.112.30$627
Jul 2019064356.272.46$1,582
Jun 2019026052.782.49$648
May 2019029758.482.74$814
Apr 2019051162.632.75$1,406
Mar 2019043656.803.06$1,335
Feb 2019039650.852.79$1,106
Jan 2019036546.033.23$1,178
Dec 2018055446.594.19$2,319
Nov 2018042552.934.24$1,801
Oct 2018039161.443.40$1,329
Sep 2018035159.543.11$1,091
Aug 2018050059.403.07$1,533
Jul 2018029765.142.93$871
Jun 2018048360.183.08$1,486
May 2018036865.382.90$1,067
Apr 2018047863.842.90$1,387
Mar 2018042861.222.79$1,193
Feb 2018056261.782.77$1,555
Jan 2018051462.874.01$2,061
Dec 2017048557.272.92$1,417
Nov 2017044655.423.12$1,391
Oct 2017053049.292.98$1,581
Sep 2017092647.523.09$2,859
Aug 2017079245.373.00$2,379
Jul 2017085743.873.09$2,646
Jun 2017075442.493.09$2,328
May 2017047545.373.26$1,550
Apr 2017052247.933.21$1,676
Mar 2017052946.772.98$1,578
Feb 2017043250.452.95$1,276
Jan 2017051749.413.42$1,768
Dec 2016052348.763.72$1,947
Nov 2016049242.492.64$1,301
Oct 2016068246.193.09$2,108
Sep 2016036441.553.10$1,129
Aug 2016064741.442.92$1,892
Jul 2016037441.622.92$1,094
Jun 2016052745.352.69$1,415
May 2016040442.521.99$804
Apr 2016034036.561.99$677
Mar 2016058733.011.79$1,053
Feb 2016040726.472.06$840
Jan 2016064627.352.36$1,527
Dec 2015029632.362.00$592
Nov 2015035638.792.17$772
Oct 2015045143.552.43$1,094
Sep 2015063242.992.76$1,743
Aug 2015052840.162.87$1,517
Jul 2015068048.152.95$2,003
Jun 2015078956.152.88$2,275
May 2015070955.212.96$2,095
Apr 2015063949.822.71$1,730
Mar 2015072242.892.93$2,119
Feb 2015055944.662.98$1,664
Jan 2015069243.433.10$2,146
Dec 2014065154.693.59$2,338
Nov 2014057370.464.25$2,436
Oct 2014076478.303.90$2,980
Sep 2014096786.164.05$3,912
Aug 20140089.394.04$0
Jul 2014089896.564.18$3,753
Jun 2014073798.164.74$3,491
May 2014079294.734.73$3,743
Apr 2014081395.944.81$3,910
Mar 2014077495.895.06$3,914
Feb 2014074597.406.19$4,613
Jan 2014080290.404.86$3,898
Dec 2013089491.824.35$3,893
Nov 2013054888.853.74$2,049
Oct 2013078997.423.78$2,982
Sep 20130932104.113.72$3,465
Aug 201301,117104.253.52$3,935
Jul 201301,126102.523.72$4,186
Jun 201301,22094.403.93$4,799
May 2013087294.834.15$3,618
Apr 2013096593.964.28$4,133
Mar 2013098093.623.91$3,835
Feb 2013096691.233.42$3,304
Jan 2013077391.603.42$2,644
Dec 2012099386.773.42$3,396
Nov 201201,21686.953.62$4,408
Oct 2012094789.383.40$3,220
Sep 201201,01194.672.92$2,951
Aug 201201,18892.662.91$3,455
Jul 201201,30785.133.02$3,948
Jun 201201,53979.822.52$3,877
May 2012088391.612.49$2,197
Apr 20120416101.652.00$831
Mar 201201,186105.052.22$2,635
Feb 201201,160101.102.57$2,981
Jan 201201,18998.092.73$3,251
Dec 201101,15696.873.24$3,745
Nov 201101,12195.723.31$3,712
Oct 201101,14784.983.65$4,185
Sep 201101,21283.623.99$4,831
Aug 201101,21283.404.15$5,029
Jul 201101,56794.144.52$7,079
Jun 201101,95592.904.64$9,071
May 201101,56998.134.40$6,911
Apr 201101,316105.964.33$5,703
Mar 201101,26396.364.06$5,124
Feb 201101,18485.644.18$4,949
Jan 201101,37586.504.59$6,310
Dec 201001,42085.734.35$6,174
Nov 201001,44380.843.80$5,477
Oct 201001,55378.103.51$5,449
Sep 201001,34672.633.98$5,356
Aug 201001,38373.684.42$6,112
Jul 201001,40672.554.74$6,660
Jun 201001,34070.364.91$6,580
May 201001,35871.124.24$5,751
Apr 201001,46181.694.12$6,023
Mar 201001,47878.394.39$6,486
Feb 201001,41073.585.44$7,674
Jan 201001,64374.365.96$9,799
Dec 200901,57471.445.48$8,631
Nov 200921,52274.593.75$5,859
Oct 200901,53172.544.11$6,293
Sep 200911,50465.543.06$4,675
Aug 200911,66367.423.22$5,420
Jul 200911,54361.133.46$5,407
Jun 200911,11066.163.90$4,390
May 200921,44254.743.93$5,770
Apr 200911,72446.773.59$6,232
Mar 200944,19542.144.06$17,196
Feb 200922,62632.814.63$12,232
Jan 200912,89535.865.37$15,585
Dec 200822,84537.105.98$17,079
Nov 200802,65755.496.86$18,228
Oct 200822,63375.246.92$18,376
Sep 200822,565101.767.88$20,408
Aug 200802,443114.228.48$20,724
Jul 200822,274131.0811.39$26,162
Jun 200802,105131.3313.03$27,434
May 200822,043123.1711.57$23,893
Apr 200812,116110.3110.45$22,233
Mar 200842,255101.909.66$22,200
Feb 200822,29592.538.77$20,314
Jan 200842,65190.388.21$22,115
Dec 200742,80488.337.30$20,828
Nov 200722,93491.677.29$21,577
Oct 200743,10682.856.92$21,831
Sep 200703,07675.846.24$19,207
Aug 200743,35169.066.39$21,682
Jul 200713,64470.906.39$23,349
Jun 200773,51862.007.55$26,989
May 200704,03358.747.85$31,644
Apr 200744,02059.617.81$31,615
Mar 200734,33756.927.30$31,839
Feb 200724,16955.108.22$34,363
Jan 200724,77350.306.73$32,208
Dec 200624,11956.656.92$28,610
Nov 200624,44954.207.62$33,999
Oct 200675,05254.906.01$30,766
Sep 200634,95860.085.04$25,155
Aug 200645,86068.717.34$43,287
Jul 200606,75969.376.34$42,871
Jun 200667,71266.286.38$49,630
May 200639,85166.016.42$63,491
Apr 200659,22464.397.36$68,215
Mar 200611,11656.707.08$7,961
Feb 2006183957.597.75$6,561
Jan 200641,17860.598.93$10,766
Dec 200541,19554.9413.42$16,251
Nov 200511,15354.6910.59$12,263
Oct 200521,18058.3413.80$16,396
Sep 200521,19961.4512.08$14,606
Aug 200531,15561.519.80$11,500
Jul 200511,25455.697.84$9,892
Jun 200521,18252.337.38$8,829
May 200511,19245.226.65$7,973
Apr 200511,17249.207.36$8,676
Mar 200521,29250.377.15$9,345
Feb 2005180845.226.31$5,145
Jan 200511,19143.166.32$7,573
Dec 200431,30739.866.75$8,943
Nov 2004691,29845.286.33$11,341
Oct 2004597649.706.52$6,607
Sep 200401,06443.245.28$5,622
Aug 2004057942.375.55$3,214
Jul 2004196438.286.08$5,903
Jun 2004097936.106.43$6,298
May 200401,22037.486.49$7,923
Apr 200421,38734.475.86$8,195
Mar 200401,44034.365.53$7,963
Feb 200401,43732.455.51$7,917
Jan 200401,35932.036.30$8,561
Dec 200341,40830.266.30$8,994
Nov 200301,38228.804.60$6,351
Oct 200361,15428.174.76$5,662
Sep 200381,35026.314.75$6,622
Aug 200331,27229.765.13$6,614
Jul 200361,31329.415.17$6,966
Jun 200321,49628.565.98$9,008
May 2003351,63426.595.97$10,690
Apr 200312,35626.675.41$12,766
Mar 200302,63131.146.10$16,039
Feb 200302,19633.487.93$17,405
Jan 200302,66330.315.58$14,865
Dec 2002112,51126.914.85$12,484
Nov 200202,65024.664.14$10,963
Oct 200263,01326.464.23$12,901
Sep 200202,33627.443.64$8,492
Aug 200202,60725.963.16$8,249
Jul 200241,77824.583.06$5,542
Jun 200202,69323.733.34$8,990
May 200203,30724.663.58$11,852
Apr 200201,81623.653.51$6,378
Mar 200202,01022.003.10$6,236
Feb 200202,03318.222.38$4,830
Jan 200201,60117.172.38$3,803
Dec 200102,44116.932.36$5,772
Nov 200101,54118.072.41$3,707
Oct 200101,92619.782.53$4,871
Sep 200101,79924.262.25$4,050
Aug 200101,59824.873.05$4,879
Jul 200102,66223.933.20$8,511
Jun 200102,43124.563.82$9,297
May 200101,40525.524.31$6,052
Apr 2001054224.685.34$2,892
Mar 200103,12824.545.38$16,818
Feb 2001077327.755.77$4,458
Jan 2001086727.478.40$7,282
Dec 2000098726.889.12$9,004
Nov 200001,15432.215.66$6,529
Oct 200001,44731.235.15$7,446
Sep 200001,33431.875.19$6,919
Aug 200001,35029.644.54$6,130
Jul 200001,32428.534.09$5,415
Jun 2000086729.304.40$3,812
May 2000091827.263.68$3,378
Apr 2000082224.513.12$2,561
Mar 2000077028.422.86$2,202
Feb 2000089527.622.73$2,440
Jan 200001,49125.272.48$3,698
Dec 1999068924.282.42$1,670
Nov 1999093723.192.43$2,281
Oct 1999095520.982.80$2,678
Sep 1999088421.752.62$2,315
Aug 199901,00819.262.88$2,899
Jul 199901,05917.892.37$2,512
Jun 1999068715.942.36$1,623
May 1999087915.792.32$2,040
Apr 1999183615.102.21$1,861
Mar 199911,06712.471.84$1,974
Feb 199918379.981.82$1,531
Jan 1999292610.381.90$1,780
Dec 199811,0609.201.77$1,889
Nov 1998199210.892.19$2,179
Oct 199811,05012.421.97$2,080
Sep 199811,16912.592.08$2,447
Aug 199811,24111.301.91$2,378
Jul 199832,08311.742.24$4,695
Jun 199811,91711.242.24$4,300
May 199812,07612.622.21$4,593
Apr 199822,03313.042.51$5,119
Mar 199821,71912.802.31$3,996
Feb 199811,43313.952.30$3,309
Jan 1998182714.702.15$1,797
Dec 199714,79216.322.41$11,570
Nov 199723,12518.193.09$9,687
Oct 1997159119.253.15$1,881
Sep 199712,90717.742.95$8,608
Aug 199709,21517.862.55$23,542
Jul 1997010,50517.582.25$23,604
Jun 1997012,27717.242.26$27,712
May 199708,37618.972.31$19,336
Apr 199718,99217.882.08$18,746
Mar 1997211,63918.951.94$22,608
Feb 1997210,93820.492.21$24,169
Jan 1997211,74923.483.54$41,635
Dec 1996212,57123.32$47
Nov 1996116,20221.97$22
Oct 199626,52623.31$47
Sep 1996212,41722.22$44
Aug 1996213,31120.26$41
Jul 1996216,17819.55$39
Jun 1996215,94418.73$37
May 1996218,55219.43$39
Apr 1996318,16721.51$65
Mar 1996319,36819.38$58
Feb 1996213,74216.98$34
Jan 1996317,80717.07$51
Dec 1995317,33117.19$52
Nov 1995316,53916.00$48
Oct 1995217,33415.43$31
Sep 1995318,33516.18$49
Aug 1995318,95715.92$48
Jul 1995321,05315.24$46
Jun 1995221,01016.41$33
May 1995423,11817.56$70
Apr 1995222,65417.73$35
Mar 1995525,97216.44$82
Feb 1995326,61916.58$50
Jan 1995422,36615.92$64
Dec 1994210,73415.03$30
Nov 1994330,62515.90$48
Oct 1994430,69515.58$62
Sep 1994325,91515.29$46
Aug 1994331,49116.13$48
Jul 1994442,20517.56$70
Jun 1994443,85017.09$68
May 1994550,56115.88$79
Apr 1994450,76914.14$57
Mar 1994755,46912.46$87
Feb 1994554,93512.50$63
Jan 19941061,55112.66$127
Dec 19931452,95212.33$173
Nov 19931530,96014.49$217
Oct 19932965,20615.85$460
Sep 199313756,06915.03$2,059
Aug 199339059,58915.66$6,107
Jul 199337961,85015.46$5,859
Jun 199342957,36416.79$7,203
May 199336356,87317.68$6,418
Apr 199339859,53518.05$7,184
Mar 199332460,35418.14$5,877
Feb 199344359,59617.90$7,930
Jan 199344369,81516.93$7,500

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.

Feb 2025 — as filed, then multipliedworked
Condensate             0 bbl  × $ 70.88 =         $0
Gas                  281 Mcf  × $  4.34 =     $1,220

────────────────────────────────────────────────────
Month total                                   $1,220

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/135892 is the state's own key, not one this site invented.