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 142898District 04Field 779735002 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.8 M
Jan 1993 – May 2026
Value, last 12 filed months
$705
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 Gas111992-12-11126752
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
CondensateDisposition1,271 bbl$28,930
GasProduction834,704 Mcf$1,802,459
Total$1,831,389

417,682 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 26.7888, -99.1783. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.78884, -99.17831 · 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
10,000 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 10,000 ft.

Completions filed
Oct 1992
1 of 1 wells

1 well

42-50532566410,000 ftOct 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 2026025106.413.05$76
Apr 202601098.932.87$29
Mar 202602089.753.15$63
Feb 202602063.503.75$75
Jan 20260959.138.00$72
Dec 202501456.664.41$62
Nov 202502358.593.93$90
Oct 202501559.383.30$50
Sep 202501562.743.08$46
Aug 20250763.933.01$21
Jul 202501566.743.32$50
Jun 202502366.483.13$72
May 202502060.553.23$65
Apr 202501862.363.54$64
Mar 202502367.704.27$98
Feb 20250670.884.34$26
Jan 202501774.324.28$73
Dec 202402468.993.12$75
Nov 202402369.052.20$51
Oct 202402071.372.28$46
Sep 202402169.612.36$50
Aug 202404375.632.06$89
Jul 202401779.932.15$36
Jun 202402778.082.63$71
May 202412878.812.20$140
Apr 202402484.451.66$40
Mar 202402880.301.55$43
Feb 202402776.091.78$48
Jan 2024413173.023.30$724
Dec 2023020871.262.61$543
Nov 202306877.892.81$191
Oct 202341,66185.443.09$5,470
Sep 202301,49089.042.74$4,075
Aug 202301,72080.522.67$4,597
Jul 2023101,58874.852.64$4,944
Jun 202301,77668.962.26$4,011
May 202302,73570.622.23$6,092
Apr 202301,47978.122.24$3,310
Mar 2023101,52172.852.39$4,369
Feb 202302,62275.112.47$6,465
Jan 202302,67876.533.39$9,072
Dec 202262,75976.415.73$16,265
Nov 202202,22285.005.65$12,546
Oct 202202,60287.185.86$15,258
Sep 202201,93284.888.16$15,772
Aug 202201,09494.529.13$9,985
Jul 20220374101.587.54$2,821
Jun 202203,061115.097.98$24,418
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 202101077.435.24$52
Oct 202102579.795.71$143
Sep 202102569.865.35$134
Aug 20210666.024.22$25
Jul 20210170.783.98$4
Jun 202102069.493.38$68
May 202101663.483.02$48
Apr 202102360.362.76$63
Mar 202101961.302.72$52
Feb 202101357.805.55$72
Jan 202102650.412.81$73
Dec 202001144.642.68$29
Nov 202001838.772.71$49
Oct 202002136.972.48$52
Sep 202001537.091.99$30
Aug 202002439.982.39$57
Jul 202002538.371.83$46
Jun 202001934.901.69$32
May 202002116.921.81$38
Apr 202001814.751.80$32
Mar 202002230.341.86$41
Feb 202001149.881.98$22
Jan 202001457.252.09$29
Dec 201901059.012.30$23
Nov 201901555.302.75$41
Oct 201901853.472.42$44
Sep 20190655.052.66$16
Aug 201901453.112.30$32
Jul 201901856.272.46$44
Jun 201902652.782.49$65
May 201902558.482.74$69
Apr 201902162.632.75$58
Mar 201903656.803.06$110
Feb 201905650.852.79$156
Jan 201907946.033.23$255
Dec 201803946.594.19$163
Nov 201807852.934.24$331
Oct 2018012861.443.40$435
Sep 201809059.543.11$280
Aug 201807659.403.07$233
Jul 201808965.142.93$261
Jun 201806960.183.08$212
May 2018021765.382.90$629
Apr 2018019563.842.90$566
Mar 2018026461.222.79$736
Feb 2018030161.782.77$833
Jan 2018043162.874.01$1,728
Dec 20172256257.272.92$2,902
Nov 2017046355.423.12$1,444
Oct 2017046949.292.98$1,399
Sep 2017047347.523.09$1,460
Aug 2017057245.373.00$1,719
Jul 2017071343.873.09$2,201
Jun 2017079942.493.09$2,467
May 2017088045.373.26$2,872
Apr 2017094247.933.21$3,025
Mar 2017092946.772.98$2,772
Feb 2017086350.452.95$2,548
Jan 2017067049.413.42$2,291
Dec 2016026948.763.72$1,001
Nov 201607742.492.64$204
Oct 201603146.193.09$96
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
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 20150048.152.95$0
Jun 20150056.152.88$0
May 2015015855.212.96$467
Apr 2015015849.822.71$428
Mar 2015042542.892.93$1,247
Feb 2015050344.662.98$1,497
Jan 2015018843.433.10$583
Dec 201405554.693.59$198
Nov 2014022670.464.25$961
Oct 2014032178.303.90$1,252
Sep 2014056986.164.05$2,302
Aug 2014060689.394.04$2,445
Jul 2014070896.564.18$2,959
Jun 2014073898.164.74$3,496
May 201401,01994.734.73$4,816
Apr 2014085595.944.81$4,112
Mar 2014078495.895.06$3,965
Feb 2014068997.406.19$4,266
Jan 2014084390.404.86$4,098
Dec 2013084891.824.35$3,693
Nov 201301,65988.853.74$6,202
Oct 201301,93597.423.78$7,313
Sep 201302,179104.113.72$8,101
Aug 20130902104.253.52$3,177
Jul 20130558102.523.72$2,075
Jun 2013043194.403.93$1,695
May 2013054994.834.15$2,278
Apr 2013053693.964.28$2,295
Mar 2013057093.623.91$2,230
Feb 2013049291.233.42$1,683
Jan 2013062491.603.42$2,134
Dec 2012083086.773.42$2,839
Nov 2012063386.953.62$2,295
Oct 2012082089.383.40$2,788
Sep 2012084294.672.92$2,457
Aug 2012077392.662.91$2,248
Jul 2012099285.133.02$2,997
Jun 20120079.822.52$0
May 2012096591.612.49$2,401
Apr 201201,005101.652.00$2,007
Mar 20120935105.052.22$2,078
Feb 20120821101.102.57$2,110
Jan 2012072598.092.73$1,982
Dec 2011053196.873.24$1,720
Nov 2011067695.723.31$2,238
Oct 2011083484.983.65$3,043
Sep 2011096383.623.99$3,838
Aug 201101,63783.404.15$6,792
Jul 201101,97894.144.52$8,935
Jun 2011025392.904.64$1,174
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 201103886.504.59$174
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 201001578.103.51$53
Sep 201004372.633.98$171
Aug 20100073.684.42$0
Jul 2010014672.554.74$692
Jun 2010061070.364.91$2,995
May 2010042771.124.24$1,808
Apr 2010055181.694.12$2,272
Mar 2010059278.394.39$2,598
Feb 2010080673.585.44$4,387
Jan 201009874.365.96$584
Dec 2009082171.445.48$4,502
Nov 200901,02574.593.75$3,845
Oct 200903872.544.11$156
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 2008040131.0811.39$456
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 20080458110.3110.45$4,788
Mar 200801,054101.909.66$10,186
Feb 2008090792.538.77$7,955
Jan 2008079190.388.21$6,491
Dec 200701,12888.337.30$8,237
Nov 2007092891.677.29$6,767
Oct 2007311,03282.856.92$9,712
Sep 2007095775.846.24$5,976
Aug 200701,12369.066.39$7,174
Jul 200701,24770.906.39$7,966
Jun 2007098762.007.55$7,450
May 2007098958.747.85$7,760
Apr 200701,01659.617.81$7,930
Mar 200701,15656.927.30$8,441
Feb 2007096455.108.22$7,920
Jan 2007077650.306.73$5,220
Dec 200601,29656.656.92$8,966
Nov 200601,16054.207.62$8,836
Oct 200601,21254.906.01$7,289
Sep 200601,18960.085.04$5,989
Aug 200601,25368.717.34$9,197
Jul 200601,20069.376.34$7,611
Jun 200601,09066.286.38$6,958
May 200601,45266.016.42$9,329
Apr 200601,67464.397.36$12,321
Mar 200601,69356.707.08$11,991
Feb 200601,51757.597.75$11,758
Jan 2006321,78160.598.93$17,849
Dec 200501,80254.9413.42$24,175
Nov 200501,94554.6910.59$20,594
Oct 200501,78258.3413.80$24,584
Sep 200501,68661.4512.08$20,365
Aug 200501,66661.519.80$16,322
Jul 200501,86955.697.84$14,660
Jun 200501,88952.337.38$13,943
May 200501,85445.226.65$12,331
Apr 200501,76849.207.36$13,013
Mar 200501,65850.377.15$11,863
Feb 200501,48145.226.31$9,348
Jan 200501,56443.166.32$9,888
Dec 200401,99439.866.75$13,462
Nov 200401,40945.286.33$8,920
Oct 200401,52449.706.52$9,929
Sep 200401,65943.245.28$8,766
Aug 200401,92042.375.55$10,657
Jul 200402,04238.286.08$12,424
Jun 2004057236.106.43$3,680
May 200402,09737.486.49$13,619
Apr 200402,03634.475.86$11,928
Mar 200402,29434.365.53$12,686
Feb 2004091332.455.51$5,030
Jan 200401,46032.036.30$9,197
Dec 200301,65230.266.30$10,410
Nov 200301,67728.804.60$7,706
Oct 200301,65528.174.76$7,877
Sep 200302,06426.314.75$9,803
Aug 200301,99629.765.13$10,239
Jul 200302,18429.415.17$11,293
Jun 200332,32528.565.98$13,996
May 200302,47926.595.97$14,806
Apr 200322,33926.675.41$12,701
Mar 200302,31831.146.10$14,131
Feb 200301,68833.487.93$13,379
Jan 200302,42830.315.58$13,553
Dec 2002102,54226.914.85$12,607
Nov 200202,15924.664.14$8,932
Oct 200202,73826.464.23$11,579
Sep 200202,63727.443.64$9,586
Aug 200202,22525.963.16$7,040
Jul 200201,98924.583.06$6,090
Jun 200202,17323.733.34$7,254
May 200202,28824.663.58$8,200
Apr 200202,12223.653.51$7,453
Mar 200202,69622.003.10$8,365
Feb 200202,67318.222.38$6,350
Jan 200202,99717.172.38$7,120
Dec 200103,11216.932.36$7,358
Nov 200102,11618.072.41$5,090
Oct 200103,08619.782.53$7,804
Sep 200102,98724.262.25$6,725
Aug 200103,63324.873.05$11,092
Jul 200103,67523.933.20$11,749
Jun 200103,71924.563.82$14,222
May 200103,87925.524.31$16,708
Apr 200103,99424.685.34$21,309
Mar 2001642,04824.545.38$12,582
Feb 200104,41527.755.77$25,462
Jan 200105,50827.478.40$46,260
Dec 200004,50726.889.12$41,115
Nov 200004,13132.215.66$23,373
Oct 200004,17731.235.15$21,493
Sep 200004,58331.875.19$23,770
Aug 200004,54529.644.54$20,638
Jul 200004,55928.534.09$18,645
Jun 200002,92229.304.40$12,849
May 200004,31627.263.68$15,882
Apr 200004,78624.513.12$14,913
Mar 200004,78628.422.86$13,687
Feb 200004,53427.622.73$12,362
Jan 20001324,86225.272.48$15,396
Dec 199904,45624.282.42$10,800
Nov 199903,19823.192.43$7,784
Oct 199902,51920.982.80$7,063
Sep 199902,18221.752.62$5,714
Aug 199902,45819.262.88$7,068
Jul 1999812,68617.892.37$7,821
Jun 199902,24415.942.36$5,301
May 199904,03715.792.32$9,370
Apr 199902,74315.102.21$6,057
Mar 199902,52812.471.84$4,647
Feb 199902,3859.981.82$4,335
Jan 199902,82710.381.90$5,371
Dec 199802,7419.201.77$4,861
Nov 199802,08110.892.19$4,548
Oct 199802,72212.421.97$5,360
Sep 199802,07312.592.08$4,317
Aug 199802,69511.301.91$5,140
Jul 1998363,00211.742.24$7,139
Jun 1998712,74311.242.24$6,935
May 199802,91312.622.21$6,427
Apr 199803,57013.042.51$8,944
Mar 199802,64212.802.31$6,102
Feb 199801,78513.952.30$4,104
Jan 199802,86414.702.15$6,171
Dec 199702,84516.322.41$6,860
Nov 1997303,14418.193.09$10,255
Oct 199703,56919.253.15$11,242
Sep 199702,95117.742.95$8,720
Aug 199703,46517.862.55$8,852
Jul 199703,57417.582.25$8,031
Jun 199703,67217.242.26$8,288
May 199703,28818.972.31$7,590
Apr 1997554,07417.882.08$9,469
Mar 199703,91118.951.94$7,584
Feb 1997503,23520.492.21$8,161
Jan 199704,07223.483.54$14,414
Dec 199604,23723.32$0
Nov 1996374,97321.97$813
Oct 199604,13523.31$0
Sep 199607,19222.22$0
Aug 199604,05420.26$0
Jul 199605,11519.55$0
Jun 199605,04818.73$0
May 1996325,59419.43$622
Apr 199604,40921.51$0
Mar 199605,36819.38$0
Feb 199604,77116.98$0
Jan 1996105,22717.07$171
Dec 199504,32917.19$0
Nov 199504,92416.00$0
Oct 1995324,87915.43$494
Sep 199505,39116.18$0
Aug 199506,07815.92$0
Jul 199506,24215.24$0
Jun 199506,21916.41$0
May 1995236,20017.56$404
Apr 199505,29217.73$0
Mar 1995326,31416.44$526
Feb 199505,94416.58$0
Jan 1995266,60115.92$414
Dec 199406,90915.03$0
Nov 199406,97615.90$0
Oct 1994327,83315.58$499
Sep 199406,74115.29$0
Aug 1994377,17716.13$597
Jul 199407,70717.56$0
Jun 1994428,43517.09$718
May 1994010,38015.88$0
Apr 19944510,18614.14$636
Mar 19944811,92612.46$598
Feb 1994012,38612.50$0
Jan 19944411,09012.66$557
Dec 19931510,80812.33$185
Nov 19931010,38914.49$145
Oct 1993912,00215.85$143
Sep 1993811,79015.03$120
Aug 1993913,88715.66$141
Jul 19931114,71915.46$170
Jun 1993915,88016.79$151
May 19931217,87917.68$212
Apr 19931117,60718.05$199
Mar 19932519,34518.14$454
Feb 19932916,89717.90$519
Jan 19932920,19716.93$491

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                   25 Mcf  × $  3.05 =        $76

────────────────────────────────────────────────────
Month total                                      $76

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/142898 is the state's own key, not one this site invented.