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 144655District 04Field 779735002 tax incentive programmesCondensateGasSaveExport
Value, all time
$700 k
Mar 1993 – May 2026
Value, last 12 filed months
$16 k
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 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 Gas111993-07-02129066
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
CondensateDisposition604 bbl$16,949
GasProduction341,765 Mcf$683,119
Total$700,068

157,681 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 26.7787, -99.1935. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.77873, -99.19348 · 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
11,100 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 11,100 ft.

Completions filed
Mar 1993
1 of 1 wells

1 well

42-50532197311,100 ftMar 1993

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 20260336106.413.05$1,023
Apr 2026229698.932.87$1,047
Mar 2026026289.753.15$825
Feb 2026031163.503.75$1,166
Jan 2026032259.138.00$2,575
Dec 2025026756.664.41$1,178
Nov 2025044258.593.93$1,735
Oct 2025042959.383.30$1,418
Sep 2025040862.743.08$1,255
Aug 2025044063.933.01$1,326
Jul 2025037866.743.32$1,253
Jun 2025033366.483.13$1,042
May 2025038760.553.23$1,251
Apr 2025037462.363.54$1,325
Mar 2025038167.704.27$1,626
Feb 2025336670.884.34$1,801
Jan 2025038274.324.28$1,634
Dec 2024043268.993.12$1,348
Nov 2024038369.052.20$842
Oct 2024030171.372.28$687
Sep 2024038469.612.36$908
Aug 2024045475.632.06$937
Jul 2024034579.932.15$741
Jun 2024040078.082.63$1,054
May 2024234078.812.20$905
Apr 2024016084.451.66$265
Mar 2024020780.301.55$320
Feb 2024032476.091.78$578
Jan 2024242573.023.30$1,548
Dec 2023017371.262.61$452
Nov 2023053777.892.81$1,508
Oct 2023257685.443.09$1,949
Sep 2023042889.042.74$1,171
Aug 2023055880.522.67$1,491
Jul 2023259374.852.64$1,716
Jun 2023049668.962.26$1,120
May 2023036170.622.23$804
Apr 2023043178.122.24$964
Mar 2023341472.852.39$1,209
Feb 2023035175.112.47$865
Jan 2023048076.533.39$1,626
Dec 2022362176.415.73$3,787
Nov 2022059185.005.65$3,337
Oct 2022051387.185.86$3,008
Sep 2022062684.888.16$5,110
Aug 2022079294.529.13$7,229
Jul 20220754101.587.54$5,687
Jun 202231,527115.097.98$12,526
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 2021015177.435.24$791
Oct 2021038479.795.71$2,194
Sep 2021041069.865.35$2,194
Aug 2021040866.024.22$1,722
Jul 2021041970.783.98$1,668
Jun 2021040469.493.38$1,366
May 2021035463.483.02$1,068
Apr 2021042660.362.76$1,175
Mar 2021026461.302.72$717
Feb 2021025257.805.55$1,398
Jan 2021034750.412.81$975
Dec 2020036344.642.68$971
Nov 2020035438.772.71$958
Oct 2020036836.972.48$912
Sep 2020035737.091.99$711
Aug 2020038639.982.39$921
Jul 2020039938.371.83$728
Jun 2020041434.901.69$700
May 2020041616.921.81$755
Apr 2020037314.751.80$673
Mar 2020037630.341.86$698
Feb 2020030349.881.98$600
Jan 2020028857.252.09$603
Dec 2019024659.012.30$567
Nov 2019026855.302.75$737
Oct 2019027453.472.42$663
Sep 2019024255.052.66$643
Aug 2019023253.112.30$535
Jul 2019036356.272.46$893
Jun 2019035952.782.49$894
May 2019038058.482.74$1,041
Apr 2019038662.632.75$1,062
Mar 2019040156.803.06$1,228
Feb 2019035550.852.79$991
Jan 2019042546.033.23$1,372
Dec 2018043546.594.19$1,821
Nov 2018044752.934.24$1,894
Oct 2018045561.443.40$1,546
Sep 2018041659.543.11$1,293
Aug 2018045759.403.07$1,401
Jul 2018047165.142.93$1,381
Jun 2018046260.183.08$1,422
May 2018049165.382.90$1,424
Apr 2018043263.842.90$1,253
Mar 2018047961.222.79$1,335
Feb 2018041261.782.77$1,140
Jan 2018046762.874.01$1,872
Dec 2017048457.272.92$1,414
Nov 2017049255.423.12$1,534
Oct 2017050649.292.98$1,510
Sep 2017053247.523.09$1,642
Aug 2017057745.373.00$1,734
Jul 2017060743.873.09$1,874
Jun 2017059542.493.09$1,837
May 2017062045.373.26$2,023
Apr 2017067247.933.21$2,158
Mar 2017164046.772.98$1,956
Feb 2017052150.452.95$1,538
Jan 2017060349.413.42$2,062
Dec 2016069748.763.72$2,595
Nov 2016069842.492.64$1,846
Oct 2016069646.193.09$2,151
Sep 2016065741.553.10$2,037
Aug 20161051041.442.92$1,906
Jul 2016036841.622.92$1,076
Jun 2016065745.352.69$1,765
May 2016064442.521.99$1,282
Apr 2016054936.561.99$1,093
Mar 2016446333.011.79$963
Feb 2016357626.472.06$1,268
Jan 2016060727.352.36$1,435
Dec 2015050432.362.00$1,009
Nov 2015358938.792.17$1,393
Oct 2015257543.552.43$1,482
Sep 2015050142.992.76$1,382
Aug 2015051340.162.87$1,474
Jul 2015248648.152.95$1,528
Jun 2015147056.152.88$1,411
May 2015045155.212.96$1,333
Apr 2015044549.822.71$1,204
Mar 2015052142.892.93$1,529
Feb 2015036444.662.98$1,083
Jan 2015073843.433.10$2,288
Dec 2014078454.693.59$2,816
Nov 2014076270.464.25$3,240
Oct 2014075878.303.90$2,957
Sep 2014070686.164.05$2,856
Aug 2014067689.394.04$2,728
Jul 2014066496.564.18$2,775
Jun 2014079098.164.74$3,742
May 2014078094.734.73$3,687
Apr 2014067695.944.81$3,251
Mar 2014073395.895.06$3,707
Feb 2014061197.406.19$3,783
Jan 2014033790.404.86$1,638
Dec 2013032091.824.35$1,393
Nov 20134314088.853.74$4,344
Oct 2013026897.423.78$1,013
Sep 20130272104.113.72$1,011
Aug 20130219104.253.52$771
Jul 20130193102.523.72$718
Jun 2013016094.403.93$629
May 2013020494.834.15$846
Apr 2013025493.964.28$1,088
Mar 2013023593.623.91$920
Feb 2013021591.233.42$735
Jan 2013021291.603.42$725
Dec 2012020586.773.42$701
Nov 2012015886.953.62$573
Oct 2012019689.383.40$666
Sep 2012013094.672.92$379
Aug 2012016492.662.91$477
Jul 2012021385.133.02$643
Jun 20120079.822.52$0
May 2012014291.612.49$353
Apr 20120162101.652.00$323
Mar 20120192105.052.22$427
Feb 20120187101.102.57$481
Jan 2012021098.092.73$574
Dec 2011018696.873.24$603
Nov 2011021295.723.31$702
Oct 2011017684.983.65$642
Sep 2011010083.623.99$399
Aug 2011019783.404.15$817
Jul 2011021394.144.52$962
Jun 201101892.904.64$84
May 2011018398.134.40$806
Apr 20110220105.964.33$953
Mar 2011019496.364.06$787
Feb 2011021585.644.18$899
Jan 201107086.504.59$321
Dec 20100385.734.35$13
Nov 201001480.843.80$53
Oct 201003978.103.51$137
Sep 201002872.633.98$111
Aug 2010011173.684.42$491
Jul 201006272.554.74$294
Jun 2010023170.364.91$1,134
May 201002571.124.24$106
Apr 201006781.694.12$276
Mar 2010013978.394.39$610
Feb 2010018173.585.44$985
Jan 201001374.365.96$78
Dec 20090671.445.48$33
Nov 200903174.593.75$116
Oct 200903072.544.11$123
Sep 200905065.543.06$153
Aug 200908167.423.22$261
Jul 200907461.133.46$256
Jun 200904566.163.90$175
May 200907354.743.93$287
Apr 200904246.773.59$151
Mar 200907042.144.06$284
Feb 200908432.814.63$389
Jan 200909735.865.37$521
Dec 200809437.105.98$562
Nov 200809055.496.86$617
Oct 200806675.246.92$457
Sep 2008047101.767.88$370
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20072270.906.39$155
Jun 200737462.007.55$745
May 2007210758.747.85$957
Apr 2007318659.617.81$1,631
Mar 2007629056.927.30$2,459
Feb 2007024155.108.22$1,980
Jan 200739850.306.73$810
Dec 200629256.656.92$750
Nov 2006322654.207.62$1,884
Oct 2006122754.906.01$1,420
Sep 2006124560.085.04$1,294
Aug 2006434968.717.34$2,836
Jul 2006127369.376.34$1,801
Jun 2006124066.286.38$1,598
May 2006527166.016.42$2,071
Apr 2006127464.397.36$2,081
Mar 2006129156.707.08$2,118
Feb 2006130957.597.75$2,453
Jan 2006233960.598.93$3,150
Dec 2005029254.9413.42$3,917
Nov 2005123554.6910.59$2,543
Oct 2005030358.3413.80$4,180
Sep 2005141261.4512.08$5,038
Aug 2005141261.519.80$4,098
Jul 2005141655.697.84$3,319
Jun 2005037352.337.38$2,753
May 2005043845.226.65$2,913
Apr 2005047849.207.36$3,518
Mar 2005044550.377.15$3,184
Feb 2005036445.226.31$2,298
Jan 2005029843.166.32$1,884
Dec 2004063739.866.75$4,300
Nov 2004036745.286.33$2,323
Oct 2004043049.706.52$2,801
Sep 2004054243.245.28$2,864
Aug 2004070442.375.55$3,908
Jul 2004052338.286.08$3,182
Jun 2004013236.106.43$849
May 2004058337.486.49$3,786
Apr 2004074434.475.86$4,359
Mar 2004092634.365.53$5,121
Feb 2004083132.455.51$4,578
Jan 20040032.036.30$0
Dec 2003044830.266.30$2,823
Nov 2003039328.804.60$1,806
Oct 2003037328.174.76$1,775
Sep 2003043226.314.75$2,052
Aug 2003043129.765.13$2,211
Jul 2003039129.415.17$2,022
Jun 2003146828.565.98$2,829
May 2003054926.595.97$3,279
Apr 2003041326.675.41$2,233
Mar 2003036331.146.10$2,213
Feb 2003029733.487.93$2,354
Jan 2003035330.315.58$1,970
Dec 20022748926.914.85$3,100
Nov 2002033224.664.14$1,373
Oct 2002340726.464.23$1,801
Sep 2002051227.443.64$1,861
Aug 2002057125.963.16$1,807
Jul 2002081624.583.06$2,498
Jun 2002095223.733.34$3,178
May 200201,60424.663.58$5,749
Apr 200201,51123.653.51$5,307
Mar 200201,20722.003.10$3,745
Feb 20021651,09718.222.38$5,612
Jan 200201,17417.172.38$2,789
Dec 200101,18216.932.36$2,795
Nov 200101,06218.072.41$2,555
Oct 200101,16119.782.53$2,936
Sep 200101,04024.262.25$2,341
Aug 200101,21624.873.05$3,713
Jul 200101,18523.933.20$3,789
Jun 200101,15824.563.82$4,428
May 2001070325.524.31$3,028
Apr 200101,26724.685.34$6,760
Mar 2001099424.545.38$5,344
Feb 200101,55727.755.77$8,979
Jan 200101,71427.478.40$14,395
Dec 200001,55826.889.12$14,213
Nov 200001,18632.215.66$6,710
Oct 200001,47031.235.15$7,564
Sep 200001,54431.875.19$8,008
Aug 200001,35429.644.54$6,148
Jul 200001,46928.534.09$6,008
Jun 200001,03029.304.40$4,529
May 200001,09427.263.68$4,026
Apr 2000099024.513.12$3,085
Mar 200001,14528.422.86$3,274
Feb 2000092627.622.73$2,525
Jan 2000088125.272.48$2,185
Dec 199901,33024.282.42$3,224
Nov 199901,19723.192.43$2,913
Oct 199901,10820.982.80$3,107
Sep 1999095921.752.62$2,511
Aug 199901,08119.262.88$3,109
Jul 199901,18117.892.37$2,802
Jun 199901,14515.942.36$2,705
May 199901,57115.792.32$3,646
Apr 1999098015.102.21$2,164
Mar 1999042112.471.84$774
Feb 199909179.981.82$1,667
Jan 1999095910.381.90$1,822
Dec 199801,0679.201.77$1,892
Nov 1998074910.892.19$1,637
Oct 1998077012.421.97$1,516
Sep 1998077112.592.08$1,606
Aug 199801,09911.301.91$2,096
Jul 19981611,23611.742.24$4,655
Jun 199801,09811.242.24$2,457
May 199801,15712.622.21$2,553
Apr 199801,50513.042.51$3,771
Mar 199801,43612.802.31$3,316
Feb 199801,52613.952.30$3,508
Jan 199801,77414.702.15$3,823
Dec 199701,41016.322.41$3,400
Nov 199701,46418.193.09$4,521
Oct 199701,62919.253.15$5,131
Sep 199701,71517.742.95$5,068
Aug 199701,92117.862.55$4,908
Jul 199701,98517.582.25$4,460
Jun 199702,10217.242.26$4,745
May 199701,95018.972.31$4,502
Apr 199702,20517.882.08$4,593
Mar 199702,08618.951.94$4,045
Feb 199701,67920.492.21$3,704
Jan 199701,81823.483.54$6,435
Dec 199602,15223.32$0
Nov 199602,25321.97$0
Oct 199612,18823.31$23
Sep 199601,74522.22$0
Aug 199602,47020.26$0
Jul 199602,36019.55$0
Jun 199602,64618.73$0
May 199602,94519.43$0
Apr 199601,66321.51$0
Mar 199602,34019.38$0
Feb 199602,03416.98$0
Jan 199602,53017.07$0
Dec 199502,25417.19$0
Nov 199502,22616.00$0
Oct 199502,35615.43$0
Sep 199502,40516.18$0
Aug 199502,26115.92$0
Jul 199502,38315.24$0
Jun 199502,27316.41$0
May 199502,40317.56$0
Apr 199512,43517.73$18
Mar 199502,29716.44$0
Feb 199501,89016.58$0
Jan 19951082,54715.92$1,719
Dec 199402,38115.03$0
Nov 199402,35315.90$0
Oct 199403,58515.58$0
Sep 199403,62215.29$0
Aug 199403,68816.13$0
Jul 199403,96617.56$0
Jun 199403,60917.09$0
May 199403,89315.88$0
Apr 199403,92014.14$0
Mar 199403,91612.46$0
Feb 199403,61012.50$0
Jan 199404,73612.66$0
Dec 199304,75812.33$0
Nov 199304,03614.49$0
Oct 199305,03515.85$0
Sep 199305,02715.03$0
Aug 199305,01015.66$0
Jul 199306,00515.46$0
Jun 199307,01616.79$0
May 199308,40417.68$0
Apr 199309,27818.05$0
Mar 199304,77718.14$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.

May 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $106.41 =         $0
Gas                  336 Mcf  × $  3.05 =     $1,023

────────────────────────────────────────────────────
Month total                                   $1,023

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/144655 is the state's own key, not one this site invented.