VELA-SMITH G. U.

Operated by MERIT ENERGY COMPANY (P-5 561136) 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 144371District 04Field 779730502 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.2 M
Mar 1993 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
399
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 Gas111993-06-28129023
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
CondensateDisposition2,044 bbl$47,264
GasProduction1,261,327 Mcf$2,151,921
Total$2,199,185

698,079 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 26.7794, -99.1883. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.77943, -99.18827 · 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
9,250 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 9,250 ft.

Completions filed
Sep 2003
1 of 1 wells

1 well

42-5053300169,250 ftSep 2003

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 (399)

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

399 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
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 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 20220116101.587.54$875
Jun 20222391115.097.98$3,349
May 20220456109.378.43$3,845
Apr 20220455104.226.84$3,111
Mar 20222439108.885.08$2,446
Feb 2022044191.054.86$2,143
Jan 2022042081.844.54$1,906
Dec 2021046371.323.90$1,805
Nov 2021059977.435.24$3,137
Oct 2021060979.795.71$3,480
Sep 2021267969.865.35$3,773
Aug 2021069766.024.22$2,942
Jul 2021071270.783.98$2,835
Jun 2021045169.493.38$1,525
May 2021055063.483.02$1,660
Apr 2021048460.362.76$1,335
Mar 2021052461.302.72$1,424
Feb 2021053357.805.55$2,957
Jan 2021055050.412.81$1,546
Dec 2020364044.642.68$1,846
Nov 2020054738.772.71$1,480
Oct 2020163736.972.48$1,616
Sep 2020064337.091.99$1,280
Aug 2020098239.982.39$2,342
Jul 202001,36338.371.83$2,488
Jun 202001,43734.901.69$2,429
May 202001,22816.921.81$2,229
Apr 2020077614.751.80$1,400
Mar 2020072730.341.86$1,349
Feb 2020162549.881.98$1,288
Jan 2020069857.252.09$1,462
Dec 2019371159.012.30$1,815
Nov 2019061255.302.75$1,683
Oct 2019050353.472.42$1,217
Sep 2019052955.052.66$1,406
Aug 2019056553.112.30$1,302
Jul 2019268256.272.46$1,790
Jun 2019054852.782.49$1,365
May 2019370758.482.74$2,113
Apr 2019066162.632.75$1,818
Mar 2019176356.803.06$2,393
Feb 2019274450.852.79$2,179
Jan 2019171646.033.23$2,357
Dec 2018074146.594.19$3,101
Nov 2018094252.934.24$3,991
Oct 2018043061.443.40$1,461
Sep 2018085259.543.11$2,648
Aug 2018053559.403.07$1,641
Jul 2018074665.142.93$2,187
Jun 2018069060.183.08$2,123
May 2018078065.382.90$2,263
Apr 2018073063.842.90$2,118
Mar 2018071061.222.79$1,979
Feb 2018066161.782.77$1,828
Jan 2018075162.874.01$3,011
Dec 20171062057.272.92$2,384
Nov 2017053755.423.12$1,675
Oct 2017052349.292.98$1,560
Sep 2017054347.523.09$1,676
Aug 2017056245.373.00$1,688
Jul 2017066043.873.09$2,038
Jun 2017062242.493.09$1,920
May 2017064545.373.26$2,105
Apr 2017059047.933.21$1,895
Mar 2017073746.772.98$2,199
Feb 2017059250.452.95$1,748
Jan 2017066349.413.42$2,267
Dec 2016072948.763.72$2,714
Nov 2016065542.492.64$1,732
Oct 2016077546.193.09$2,395
Sep 201601,56041.553.10$4,837
Aug 201602,01541.442.92$5,893
Jul 201602,02441.622.92$5,919
Jun 201601,97745.352.69$5,310
May 201601,94742.521.99$3,877
Apr 201601,90136.561.99$3,785
Mar 201602,31833.011.79$4,159
Feb 201602,41026.472.06$4,973
Jan 201602,65227.352.36$6,270
Dec 201503,04032.362.00$6,084
Nov 201502,66638.792.17$5,778
Oct 20151322,12143.552.43$10,895
Sep 201501,80742.992.76$4,984
Aug 201501,84640.162.87$5,303
Jul 201501,95548.152.95$5,758
Jun 201501,96656.152.88$5,668
May 201501,95255.212.96$5,769
Apr 201502,06749.822.71$5,594
Mar 201502,31442.892.93$6,791
Feb 201501,76244.662.98$5,244
Jan 201502,36343.433.10$7,327
Dec 201402,19254.693.59$7,872
Nov 201401,85870.464.25$7,900
Oct 201402,25978.303.90$8,812
Sep 201402,12486.164.05$8,593
Aug 201402,14689.394.04$8,659
Jul 201402,04896.564.18$8,560
Jun 201401,98598.164.74$9,403
May 201402,20194.734.73$10,403
Apr 201402,06295.944.81$9,916
Mar 201401,38695.895.06$7,009
Feb 201401,67397.406.19$10,359
Jan 201401,81590.404.86$8,822
Dec 201301,59991.824.35$6,963
Nov 2013562,01988.853.74$12,523
Oct 201301,07897.423.78$4,074
Sep 201301,040104.113.72$3,866
Aug 201301,117104.253.52$3,935
Jul 201301,171102.523.72$4,353
Jun 201301,00194.403.93$3,937
May 201301,06294.834.15$4,406
Apr 201301,15293.964.28$4,934
Mar 201301,28593.623.91$5,028
Feb 201301,25891.233.42$4,302
Jan 201301,40991.603.42$4,819
Dec 201201,49386.773.42$5,106
Nov 201202,46686.953.62$8,939
Oct 201201,38489.383.40$4,705
Sep 201201,18494.672.92$3,455
Aug 201201,18292.662.91$3,437
Jul 201201,13585.133.02$3,429
Jun 201211,03179.822.52$2,677
May 201201,06991.612.49$2,660
Apr 201201,073101.652.00$2,143
Mar 201201,130105.052.22$2,511
Feb 201201,030101.102.57$2,647
Jan 2012082398.092.73$2,250
Dec 201101,07596.873.24$3,483
Nov 201101,20995.723.31$4,003
Oct 201101,35384.983.65$4,936
Sep 201101,35083.623.99$5,381
Aug 201101,04083.404.15$4,315
Jul 2011091894.144.52$4,147
Jun 201101,02292.904.64$4,742
May 201101,18798.134.40$5,229
Apr 201101,071105.964.33$4,641
Mar 201101,03896.364.06$4,212
Feb 2011074885.644.18$3,127
Jan 2011089686.504.59$4,112
Dec 2010087885.734.35$3,817
Nov 2010070180.843.80$2,661
Oct 2010086278.103.51$3,025
Sep 201001,02672.633.98$4,083
Aug 2010081573.684.42$3,602
Jul 2010073172.554.74$3,462
Jun 2010097270.364.91$4,773
May 201001,07371.124.24$4,544
Apr 2010099881.694.12$4,114
Mar 2010085978.394.39$3,770
Feb 2010091573.585.44$4,980
Jan 2010095774.365.96$5,708
Dec 200901,05471.445.48$5,780
Nov 200901,07474.593.75$4,029
Oct 200901,28172.544.11$5,265
Sep 200901,02365.543.06$3,135
Aug 200901,17767.423.22$3,788
Jul 200901,32561.133.46$4,590
Jun 200901,27966.163.90$4,982
May 200901,31954.743.93$5,178
Apr 200901,09746.773.59$3,935
Mar 200901,26542.144.06$5,135
Feb 200901,09432.814.63$5,069
Jan 200901,28235.865.37$6,886
Dec 200801,19737.105.98$7,155
Nov 200801,32955.496.86$9,117
Oct 200801,21875.246.92$8,431
Sep 200801,340101.767.88$10,555
Aug 200801,189114.228.48$10,086
Jul 200801,072131.0811.39$12,209
Jun 200801,202131.3313.03$15,665
May 20080697123.1711.57$8,067
Apr 200801,046110.3110.45$10,936
Mar 200801,191101.909.66$11,510
Feb 200801,41392.538.77$12,393
Jan 200801,46490.388.21$12,013
Dec 200701,44588.337.30$10,551
Nov 200701,36491.677.29$9,946
Oct 200701,22082.856.92$8,445
Sep 200701,16775.846.24$7,287
Aug 200701,32669.066.39$8,470
Jul 200701,24270.906.39$7,934
Jun 200701,21562.007.55$9,171
May 200701,38058.747.85$10,828
Apr 200701,45259.617.81$11,333
Mar 200701,50356.927.30$10,975
Feb 200701,38555.108.22$11,379
Jan 200701,65150.306.73$11,106
Dec 200601,70056.656.92$11,761
Nov 200601,64854.207.62$12,554
Oct 200601,70854.906.01$10,272
Sep 200601,61660.085.04$8,140
Aug 200601,67368.717.34$12,280
Jul 200601,73069.376.34$10,973
Jun 200601,04366.286.38$6,658
May 2006098166.016.42$6,303
Apr 2006099364.397.36$7,309
Mar 2006093156.707.08$6,594
Feb 2006078257.597.75$6,061
Jan 2006093960.598.93$8,388
Dec 2005085354.9413.42$11,443
Nov 2005070554.6910.59$7,465
Oct 2005093858.3413.80$12,940
Sep 2005094661.4512.08$11,427
Aug 2005088461.519.80$8,660
Jul 2005077655.697.84$6,087
Jun 2005080552.337.38$5,942
May 200501,08845.226.65$7,236
Apr 2005099749.207.36$7,338
Mar 200501,07250.377.15$7,670
Feb 2005061745.226.31$3,894
Jan 200502,39743.166.32$15,154
Dec 200402,08239.866.75$14,056
Nov 200402,81645.286.33$17,826
Oct 20041003,33449.706.52$26,691
Sep 200403,27043.245.28$17,278
Aug 200403,83842.375.55$21,303
Jul 200403,62238.286.08$22,037
Jun 2004079636.106.43$5,121
May 200403,47937.486.49$22,595
Apr 200404,57834.475.86$26,820
Mar 200403,44734.365.53$19,062
Feb 200414,86132.455.51$26,815
Jan 2004088532.036.30$5,575
Dec 200304,90130.266.30$30,884
Nov 200302,12528.804.60$9,765
Oct 200309,99728.174.76$47,582
Sep 200301,98626.314.75$9,432
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 20010024.563.82$0
May 200144025.524.31$1,123
Apr 20011024.685.34$25
Mar 20010024.545.38$0
Feb 200102,50727.755.77$14,458
Jan 200103,41527.478.40$28,682
Dec 200053,25926.889.12$29,865
Nov 200003,29832.215.66$18,660
Oct 200002,85631.235.15$14,696
Sep 200003,76731.875.19$19,538
Aug 200004,07129.644.54$18,485
Jul 200004,23428.534.09$17,316
Jun 200003,57529.304.40$15,720
May 200003,46827.263.68$12,761
Apr 200005,05624.513.12$15,755
Mar 200004,46228.422.86$12,760
Feb 200005,12927.622.73$13,984
Jan 200005,27525.272.48$13,085
Dec 199905,34324.282.42$12,950
Nov 1999975,49923.192.43$15,634
Oct 199905,15220.982.80$14,445
Sep 199905,34821.752.62$14,006
Aug 199906,10919.262.88$17,567
Jul 199904,25417.892.37$10,092
Jun 199904,45715.942.36$10,528
May 199904,74715.792.32$11,018
Apr 199904,66315.102.21$10,296
Mar 199904,36412.471.84$8,022
Feb 199904,5509.981.82$8,271
Jan 199905,18110.381.90$9,844
Dec 199804,9229.201.77$8,728
Nov 199804,32310.892.19$9,449
Oct 199805,08712.421.97$10,017
Sep 199804,96412.592.08$10,338
Aug 199805,19611.301.91$9,911
Jul 199805,81711.742.24$13,014
Jun 1998545,06911.242.24$11,948
May 199805,12912.622.21$11,316
Apr 199806,38213.042.51$15,989
Mar 199806,57912.802.31$15,194
Feb 199805,94213.952.30$13,661
Jan 199806,20714.702.15$13,375
Dec 199706,87216.322.41$16,569
Nov 199706,61618.193.09$20,432
Oct 199706,89019.253.15$21,702
Sep 19971247,09017.742.95$23,150
Aug 199707,32817.862.55$18,721
Jul 199706,91317.582.25$15,533
Jun 199708,13017.242.26$18,351
May 199707,96518.972.31$18,387
Apr 199706,64317.882.08$13,836
Mar 199708,43218.951.94$16,351
Feb 199706,88620.492.21$15,190
Jan 199707,07923.483.54$25,058
Dec 199607,56823.32$0
Nov 199607,85021.97$0
Oct 199608,55123.31$0
Sep 19961289,21922.22$2,844
Aug 199609,09820.26$0
Jul 199609,60019.55$0
Jun 199607,44318.73$0
May 19961399,02419.43$2,701
Apr 199608,55121.51$0
Mar 199609,66519.38$0
Feb 1996010,39116.98$0
Jan 19961189,71317.07$2,014
Dec 1995010,83817.19$0
Nov 1995010,22316.00$0
Oct 1995011,02615.43$0
Sep 199509,82716.18$0
Aug 1995010,80715.92$0
Jul 1995112,37415.24$15
Jun 1995011,69016.41$0
May 199513512,84317.56$2,371
Apr 199515112,48717.73$2,677
Mar 1995012,76516.44$0
Feb 1995011,70516.58$0
Jan 1995013,57715.92$0
Dec 1994013,72715.03$0
Nov 1994012,86415.90$0
Oct 1994014,60515.58$0
Sep 1994015,23615.29$0
Aug 1994016,59816.13$0
Jul 1994015,76917.56$0
Jun 1994016,37717.09$0
May 1994017,48315.88$0
Apr 199415017,52614.14$2,121
Mar 1994019,35912.46$0
Feb 1994017,87412.50$0
Jan 199413920,71512.66$1,760
Dec 1993023,02312.33$0
Nov 199312221,43514.49$1,768
Oct 1993019,07915.85$0
Sep 199316519,02615.03$2,480
Aug 199314824,19515.66$2,318
Jul 1993019,49815.46$0
Jun 1993027,84016.79$0
May 1993035,47117.68$0
Apr 1993042,71418.05$0
Mar 1993020,83018.14$0

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 2022 — as filed, then multipliedworked
Condensate             0 bbl  × $101.58 =         $0
Gas                  116 Mcf  × $  7.54 =       $875

────────────────────────────────────────────────────
Month total                                     $875

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/144371 is the state's own key, not one this site invented.