VELA "B"

Operated by MERIT ENERGY COMPANY (P-5 561136) 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 142113District 04Field 779735002 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.3 M
Jan 1993 – May 2026
Value, last 12 filed months
$7 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 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
High Cost Gas111992-09-18126064
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
CondensateDisposition1,622 bbl$29,027
GasProduction628,655 Mcf$1,267,508
Total$1,296,535

338,652 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 26.7825, -99.1878. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.78254, -99.18777 · 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
9,550 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 9,550 ft.

Completions filed
Aug 1992
1 of 1 wells

1 well

42-5053282059,550 ftAug 1992

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 20260166106.413.05$506
Apr 2026014898.932.87$425
Mar 2026013189.753.15$413
Feb 2026017763.503.75$664
Jan 2026016959.138.00$1,352
Dec 2025016156.664.41$711
Nov 2025018358.593.93$719
Oct 2025015459.383.30$509
Sep 2025026262.743.08$806
Aug 2025010663.933.01$320
Jul 2025013266.743.32$438
Jun 202508866.483.13$275
May 2025013160.553.23$423
Apr 2025021562.363.54$762
Mar 2025019167.704.27$815
Feb 2025015470.884.34$668
Jan 2025019374.324.28$826
Dec 2024017768.993.12$552
Nov 2024020369.052.20$446
Oct 2024019971.372.28$454
Sep 2024025269.612.36$596
Aug 2024015275.632.06$314
Jul 2024022879.932.15$489
Jun 2024018378.082.63$482
May 2024219378.812.20$582
Apr 2024018784.451.66$310
Mar 2024017480.301.55$269
Feb 2024015076.091.78$268
Jan 2024123673.023.30$851
Dec 2023019071.262.61$496
Nov 2023021977.892.81$615
Oct 2023030085.443.09$926
Sep 202307289.042.74$197
Aug 2023010680.522.67$283
Jul 2023111974.852.64$389
Jun 202308268.962.26$185
May 2023010970.622.23$243
Apr 2023010478.122.24$233
Mar 2023113272.852.39$389
Feb 202307975.112.47$195
Jan 202308976.533.39$302
Dec 2022110076.415.73$649
Nov 2022010585.005.65$593
Oct 2022014287.185.86$833
Sep 202208884.888.16$718
Aug 2022012294.529.13$1,114
Jul 2022099101.587.54$747
Jun 20220100115.097.98$798
May 202200109.378.43$0
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 2021012077.435.24$628
Oct 2021015279.795.71$869
Sep 2021013169.865.35$701
Aug 2021014366.024.22$604
Jul 2021015770.783.98$625
Jun 2021013069.493.38$439
May 2021013563.483.02$407
Apr 2021016060.362.76$441
Mar 2021011161.302.72$302
Feb 2021012957.805.55$716
Jan 2021017350.412.81$486
Dec 2020015044.642.68$401
Nov 2020017738.772.71$479
Oct 2020015536.972.48$384
Sep 2020016937.091.99$336
Aug 2020011539.982.39$274
Jul 2020012938.371.83$235
Jun 2020014134.901.69$238
May 2020015816.921.81$287
Apr 2020015114.751.80$272
Mar 2020014830.341.86$275
Feb 2020011249.881.98$222
Jan 2020012557.252.09$262
Dec 2019011459.012.30$263
Nov 2019011455.302.75$314
Oct 2019010853.472.42$261
Sep 201907455.052.66$197
Aug 201908953.112.30$205
Jul 2019012056.272.46$295
Jun 2019010552.782.49$262
May 2019013458.482.74$367
Apr 2019011962.632.75$327
Mar 2019013156.803.06$401
Feb 2019014550.852.79$405
Jan 2019012846.033.23$413
Dec 2018011946.594.19$498
Nov 2018015152.934.24$640
Oct 2018011861.443.40$401
Sep 2018015059.543.11$466
Aug 2018012659.403.07$386
Jul 2018013665.142.93$399
Jun 2018014060.183.08$431
May 2018016565.382.90$479
Apr 2018013263.842.90$383
Mar 2018014661.222.79$407
Feb 2018012861.782.77$354
Jan 2018020462.874.01$818
Dec 2017118357.272.92$592
Nov 2017021055.423.12$655
Oct 2017015649.292.98$465
Sep 2017014847.523.09$457
Aug 2017019745.373.00$592
Jul 2017014743.873.09$454
Jun 2017019542.493.09$602
May 2017018245.373.26$594
Apr 2017014647.933.21$469
Mar 2017120046.772.98$644
Feb 2017013050.452.95$384
Jan 2017018349.413.42$626
Dec 2016018948.763.72$704
Nov 2016022542.492.64$595
Oct 201606946.193.09$213
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20161141.622.92$45
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20163326.472.06$86
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20151148.152.95$51
Jun 201503556.152.88$101
May 201506055.212.96$177
Apr 2015020249.822.71$547
Mar 2015118542.892.93$586
Feb 2015318844.662.98$694
Jan 2015026943.433.10$834
Dec 2014129854.693.59$1,125
Nov 2014033970.464.25$1,441
Oct 2014030278.303.90$1,178
Sep 2014132186.164.05$1,385
Aug 2014037189.394.04$1,497
Jul 2014022196.564.18$924
Jun 2014035298.164.74$1,667
May 2014035794.734.73$1,687
Apr 2014143395.944.81$2,178
Mar 2014124595.895.06$1,335
Feb 2014029697.406.19$1,833
Jan 2014065190.404.86$3,164
Dec 20130091.824.35$0
Nov 20130088.853.74$0
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 2010036885.734.35$1,600
Nov 2010017180.843.80$649
Oct 2010059778.103.51$2,095
Sep 2010075472.633.98$3,001
Aug 2010058473.684.42$2,581
Jul 2010037972.554.74$1,795
Jun 2010069270.364.91$3,398
May 2010045871.124.24$1,940
Apr 2010038281.694.12$1,575
Mar 2010073378.394.39$3,217
Feb 2010064073.585.44$3,483
Jan 2010091774.365.96$5,469
Dec 2009071871.445.48$3,937
Nov 2009084274.593.75$3,159
Oct 2009047072.544.11$1,932
Sep 2009057065.543.06$1,747
Aug 2009056267.423.22$1,809
Jul 2009077661.133.46$2,688
Jun 2009074666.163.90$2,906
May 2009088454.743.93$3,470
Apr 200901,04146.773.59$3,735
Mar 2009040242.144.06$1,632
Feb 200901,10632.814.63$5,124
Jan 2009097835.865.37$5,253
Dec 2008084437.105.98$5,045
Nov 2008084355.496.86$5,783
Oct 200801,15875.246.92$8,016
Sep 200801,104101.767.88$8,696
Aug 200801,589114.228.48$13,480
Jul 200801,220131.0811.39$13,895
Jun 200801,422131.3313.03$18,532
May 200801,520123.1711.57$17,593
Apr 200801,579110.3110.45$16,508
Mar 200801,554101.909.66$15,018
Feb 200801,02492.538.77$8,981
Jan 200801,26290.388.21$10,356
Dec 200701,22488.337.30$8,938
Nov 200701,31491.677.29$9,581
Oct 200701,62182.856.92$11,221
Sep 200701,58775.846.24$9,909
Aug 200701,32969.066.39$8,490
Jul 200711,42070.906.39$9,142
Jun 200701,15962.007.55$8,749
May 200701,10758.747.85$8,686
Apr 2007195659.617.81$7,521
Mar 200721,09256.927.30$8,088
Feb 2007197455.108.22$8,057
Jan 200701,17150.306.73$7,877
Dec 200601,25656.656.92$8,690
Nov 200601,16054.207.62$8,836
Oct 200601,20354.906.01$7,235
Sep 200601,14860.085.04$5,783
Aug 200601,15468.717.34$8,470
Jul 200601,16469.376.34$7,383
Jun 200601,13866.286.38$7,265
May 200611,25566.016.42$8,129
Apr 200611,08764.397.36$8,065
Mar 200601,19956.707.08$8,492
Feb 200601,01157.597.75$7,836
Jan 200611,21860.598.93$10,941
Dec 200511,21654.9413.42$16,368
Nov 200501,26354.6910.59$13,373
Oct 200511,27858.3413.80$17,689
Sep 200501,24061.4512.08$14,978
Aug 200501,07761.519.80$10,551
Jul 200501,38355.697.84$10,848
Jun 200511,30352.337.38$9,670
May 200501,40645.226.65$9,352
Apr 200511,23349.207.36$9,125
Mar 200501,17450.377.15$8,400
Feb 200501,06845.226.31$6,741
Jan 200501,17343.166.32$7,416
Dec 200401,25739.866.75$8,486
Nov 200401,30245.286.33$8,242
Oct 200401,18449.706.52$7,714
Sep 200401,20743.245.28$6,378
Aug 200401,23442.375.55$6,850
Jul 200401,54238.286.08$9,382
Jun 2004057836.106.43$3,718
May 200401,09737.486.49$7,125
Apr 200401,16834.475.86$6,843
Mar 200401,49734.365.53$8,279
Feb 200401,43032.455.51$7,879
Jan 200401,09832.036.30$6,917
Dec 200301,09630.266.30$6,907
Nov 200301,12028.804.60$5,147
Oct 200301,05728.174.76$5,031
Sep 200301,22726.314.75$5,827
Aug 200301,13129.765.13$5,802
Jul 200301,29029.415.17$6,670
Jun 200301,27628.565.98$7,634
May 200301,30826.595.97$7,812
Apr 200301,41626.675.41$7,657
Mar 200301,25531.146.10$7,651
Feb 2003082333.487.93$6,523
Jan 200301,36730.315.58$7,631
Dec 200211,52926.914.85$7,448
Nov 200201,32924.664.14$5,498
Oct 200201,46726.464.23$6,204
Sep 200201,43127.443.64$5,202
Aug 200201,35525.963.16$4,287
Jul 200201,21024.583.06$3,705
Jun 200201,29723.733.34$4,330
May 200201,05524.663.58$3,781
Apr 2002097723.653.51$3,432
Mar 200201,06122.003.10$3,292
Feb 200201,02118.222.38$2,426
Jan 200201,43317.172.38$3,404
Dec 200101,13916.932.36$2,693
Nov 200101,09718.072.41$2,639
Oct 200101,40919.782.53$3,563
Sep 200101,06224.262.25$2,391
Aug 200101,15824.873.05$3,536
Jul 200101,22423.933.20$3,913
Jun 200101,20824.563.82$4,620
May 200101,42625.524.31$6,142
Apr 200101,45224.685.34$7,747
Mar 2001767724.545.38$3,812
Feb 200101,63627.755.77$9,435
Jan 200101,96027.478.40$16,462
Dec 200001,64426.889.12$14,997
Nov 200001,51832.215.66$8,589
Oct 200001,81431.235.15$9,334
Sep 200001,99631.875.19$10,352
Aug 200001,85729.644.54$8,432
Jul 200001,93428.534.09$7,910
Jun 200001,98629.304.40$8,733
May 200001,80927.263.68$6,657
Apr 2000013824.513.12$430
Mar 2000036928.422.86$1,055
Feb 2000075927.622.73$2,069
Jan 20006271925.272.48$3,350
Dec 199901,70924.282.42$4,142
Nov 199901,00623.192.43$2,449
Oct 199902,73720.982.80$7,674
Sep 199902,37021.752.62$6,207
Aug 199902,66919.262.88$7,675
Jul 1999572,91817.892.37$7,942
Jun 199902,69215.942.36$6,359
May 199904,05015.792.32$9,400
Apr 199902,66315.102.21$5,880
Mar 199902,50912.471.84$4,612
Feb 199902,8359.981.82$5,153
Jan 199903,11110.381.90$5,911
Dec 199802,9099.201.77$5,159
Nov 199803,04110.892.19$6,647
Oct 199803,04812.421.97$6,002
Sep 199803,17812.592.08$6,619
Aug 199803,43811.301.91$6,557
Jul 1998413,42411.742.24$8,142
Jun 1998553,07111.242.24$7,489
May 199803,29012.622.21$7,259
Apr 199803,27613.042.51$8,207
Mar 199803,55612.802.31$8,212
Feb 199803,16913.952.30$7,286
Jan 199803,53114.702.15$7,609
Dec 199703,45516.322.41$8,330
Nov 1997413,37718.193.09$11,175
Oct 199703,69919.253.15$11,651
Sep 199703,73417.742.95$11,034
Aug 199704,09017.862.55$10,449
Jul 199704,25317.582.25$9,556
Jun 199703,99917.242.26$9,027
May 199704,15918.972.31$9,601
Apr 1997514,42317.882.08$10,124
Mar 199704,46318.951.94$8,654
Feb 1997443,76520.492.21$9,207
Jan 199704,11123.483.54$14,552
Dec 199604,42023.32$0
Nov 1996374,44721.97$813
Oct 199604,69823.31$0
Sep 199603,66422.22$0
Aug 199604,61420.26$0
Jul 199604,76519.55$0
Jun 199604,99918.73$0
May 1996385,71419.43$738
Apr 199615,04621.51$22
Mar 199605,46219.38$0
Feb 199604,58716.98$0
Jan 1996105,18117.07$171
Dec 199505,07017.19$0
Nov 199504,91416.00$0
Oct 1995324,77015.43$494
Sep 199515,18816.18$16
Aug 199505,37415.92$0
Jul 199505,65915.24$0
Jun 199505,45916.41$0
May 1995235,92317.56$404
Apr 199515,61917.73$18
Mar 1995325,80916.44$526
Feb 199505,59516.58$0
Jan 1995146,19315.92$223
Dec 199406,38015.03$0
Nov 199406,39615.90$0
Oct 1994326,58015.58$499
Sep 199406,22415.29$0
Aug 1994416,65816.13$661
Jul 199406,71717.56$0
Jun 1994386,67617.09$649
May 199407,37815.88$0
Apr 1994397,56114.14$551
Mar 1994377,82212.46$461
Feb 199407,29412.50$0
Jan 1994388,18612.66$481
Dec 1993158,97012.33$185
Nov 1993109,13214.49$145
Oct 19933610,94015.85$571
Sep 1993438,30915.03$646
Aug 1993449,29915.66$689
Jul 1993479,78615.46$727
Jun 19934210,52316.79$705
May 19935211,78617.68$919
Apr 19934812,29118.05$866
Mar 199317113,52618.14$3,102
Feb 199314811,73817.90$2,649
Jan 199316015,31016.93$2,709

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                  166 Mcf  × $  3.05 =       $506

────────────────────────────────────────────────────
Month total                                     $506

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/142113 is the state's own key, not one this site invented.