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 148956District 04Field 779730502 tax incentive programmesCondensateGasSaveExport
Value, all time
$8.7 M
Jan 1994 – May 2026
Value, last 12 filed months
$6 k
at the published price for each month
Months reported
389
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 Gas221996-02-27 – 2000-10-232 dockets
NGPA2none

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
CondensateDisposition33,387 bbl$553,228
GasProduction5,176,780 Mcf$8,195,711
Total$8,748,939

2,949,571 Mcf of this lease's gas, across 36 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 26.7495, -99.2204. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.74949, -99.22041 · 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
8,500 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 8,500 ft.

Completions filed
Mar 2006
1 of 1 wells

1 well

42-50533105108,500 ftMar 2006

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 (389)

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

389 months

May 20260246106.413.05$749
Apr 2026016698.932.87$476
Mar 202608989.753.15$280
Feb 2026014263.503.75$533
Jan 2026011059.138.00$880
Dec 2025014956.664.41$658
Nov 2025010258.593.93$401
Oct 2025011259.383.30$370
Sep 2025012762.743.08$391
Aug 2025016563.933.01$497
Jul 2025013666.743.32$451
Jun 2025010166.483.13$316
May 202508660.553.23$278
Apr 202507562.363.54$266
Mar 202507567.704.27$320
Feb 2025010870.884.34$469
Jan 202503874.324.28$163
Dec 202408268.993.12$256
Nov 2024011469.052.20$251
Oct 2024011371.372.28$258
Sep 2024012569.612.36$296
Aug 202406375.632.06$130
Jul 202404179.932.15$88
Jun 2024010478.082.63$274
May 2024021878.812.20$479
Apr 2024015784.451.66$260
Mar 2024011580.301.55$178
Feb 202405976.091.78$105
Jan 202404273.023.30$139
Dec 202306071.262.61$157
Nov 202302877.892.81$79
Oct 202304385.443.09$133
Sep 202303889.042.74$104
Aug 202303980.522.67$104
Jul 202306374.852.64$166
Jun 202305468.962.26$122
May 202307770.622.23$172
Apr 202305978.122.24$132
Mar 202302672.852.39$62
Feb 202303675.112.47$89
Jan 202304576.533.39$152
Dec 202204376.415.73$246
Nov 2022013385.005.65$751
Oct 202208687.185.86$504
Sep 202209584.888.16$776
Aug 202208894.529.13$803
Jul 20220158101.587.54$1,192
Jun 2022062115.097.98$495
May 2022080109.378.43$675
Apr 2022065104.226.84$444
Mar 2022051108.885.08$259
Feb 202208591.054.86$413
Jan 202207181.844.54$322
Dec 202104971.323.90$191
Nov 2021016877.435.24$880
Oct 2021013679.795.71$777
Sep 202102069.865.35$107
Aug 2021014166.024.22$595
Jul 2021015270.783.98$605
Jun 2021020269.493.38$683
May 2021021963.483.02$661
Apr 2021016760.362.76$461
Mar 2021021361.302.72$579
Feb 2021016957.805.55$938
Jan 2021017550.412.81$492
Dec 2020010544.642.68$281
Nov 2020022938.772.71$620
Oct 2020021136.972.48$523
Sep 2020027237.091.99$542
Aug 2020020439.982.39$487
Jul 2020015538.371.83$283
Jun 2020017534.901.69$296
May 2020019616.921.81$356
Apr 2020014814.751.80$267
Mar 2020016130.341.86$299
Feb 2020019649.881.98$388
Jan 2020015057.252.09$314
Dec 2019026259.012.30$604
Nov 2019022755.302.75$624
Oct 201909853.472.42$237
Sep 2019012655.052.66$335
Aug 2019023753.112.30$546
Jul 2019027056.272.46$664
Jun 2019015852.782.49$394
May 2019014458.482.74$395
Apr 2019017362.632.75$476
Mar 2019030056.803.06$919
Feb 2019016350.852.79$455
Jan 201906246.033.23$200
Dec 201806946.594.19$289
Nov 2018010952.934.24$462
Oct 2018012961.443.40$438
Sep 2018011359.543.11$351
Aug 2018023859.403.07$730
Jul 2018014965.142.93$437
Jun 2018017660.183.08$542
May 2018020465.382.90$592
Apr 2018010263.842.90$296
Mar 2018016661.222.79$463
Feb 2018014561.782.77$401
Jan 2018018262.874.01$730
Dec 2017032757.272.92$955
Nov 2017021055.423.12$655
Oct 2017011749.292.98$349
Sep 2017012347.523.09$380
Aug 2017017445.373.00$523
Jul 201707443.873.09$228
Jun 2017016642.493.09$512
May 2017022345.373.26$728
Apr 2017015547.933.21$498
Mar 2017011346.772.98$337
Feb 2017013050.452.95$384
Jan 2017018449.413.42$629
Dec 2016019048.763.72$707
Nov 2016016842.492.64$444
Oct 2016027246.193.09$841
Sep 2016021141.553.10$654
Aug 2016028841.442.92$842
Jul 2016016041.622.92$468
Jun 201604245.352.69$113
May 2016012142.521.99$241
Apr 2016015036.561.99$299
Mar 2016015333.011.79$274
Feb 2016019726.472.06$407
Jan 2016022227.352.36$525
Dec 2015024432.362.00$488
Nov 2015032438.792.17$702
Oct 2015016643.552.43$403
Sep 2015013342.992.76$367
Aug 2015015240.162.87$437
Jul 2015029148.152.95$857
Jun 2015032656.152.88$940
May 2015036255.212.96$1,070
Apr 2015021349.822.71$577
Mar 2015029342.892.93$860
Feb 2015025944.662.98$771
Jan 201503043.433.10$93
Dec 2014016754.693.59$600
Nov 2014013570.464.25$574
Oct 2014022578.303.90$878
Sep 2014022786.164.05$918
Aug 20140089.394.04$0
Jul 2014019296.564.18$802
Jun 2014018098.164.74$853
May 2014023094.734.73$1,087
Apr 2014020695.944.81$991
Mar 2014019795.895.06$996
Feb 2014022297.406.19$1,375
Jan 2014024390.404.86$1,181
Dec 2013025591.824.35$1,110
Nov 201308588.853.74$318
Oct 2013017997.423.78$677
Sep 20130255104.113.72$948
Aug 20130179104.253.52$631
Jul 20130254102.523.72$944
Jun 2013021394.403.93$838
May 2013018594.834.15$768
Apr 2013024493.964.28$1,045
Mar 2013020993.623.91$818
Feb 2013022891.233.42$780
Jan 2013030491.603.42$1,040
Dec 2012024786.773.42$845
Nov 2012024386.953.62$881
Oct 2012028289.383.40$959
Sep 2012020594.672.92$598
Aug 2012025092.662.91$727
Jul 2012026285.133.02$791
Jun 2012026779.822.52$673
May 2012028191.612.49$699
Apr 20120270101.652.00$539
Mar 20120288105.052.22$640
Feb 20120289101.102.57$743
Jan 2012031198.092.73$850
Dec 2011031796.873.24$1,027
Nov 2011031995.723.31$1,056
Oct 2011030784.983.65$1,120
Sep 2011025883.623.99$1,028
Aug 2011027083.404.15$1,120
Jul 2011057494.144.52$2,593
Jun 2011014592.904.64$673
May 2011036898.134.40$1,621
Apr 20110266105.964.33$1,153
Mar 2011032296.364.06$1,306
Feb 2011028885.644.18$1,204
Jan 2011030986.504.59$1,418
Dec 2010034785.734.35$1,509
Nov 2010034780.843.80$1,317
Oct 2010037078.103.51$1,298
Sep 2010036972.633.98$1,468
Aug 2010039373.684.42$1,737
Jul 2010038972.554.74$1,842
Jun 2010038370.364.91$1,881
May 2010040171.124.24$1,698
Apr 2010040481.694.12$1,666
Mar 2010044478.394.39$1,949
Feb 2010039373.585.44$2,139
Jan 2010045174.365.96$2,690
Dec 2009043471.445.48$2,380
Nov 2009044674.593.75$1,673
Oct 2009047072.544.11$1,932
Sep 2009045365.543.06$1,388
Aug 2009016067.423.22$515
Jul 2009020761.133.46$717
Jun 2009155566.163.90$2,228
May 2009044854.743.93$1,759
Apr 2009037746.773.59$1,352
Mar 2009182642.144.06$3,395
Feb 2009043232.814.63$2,001
Jan 2009055835.865.37$2,997
Dec 2008058137.105.98$3,473
Nov 2008063355.496.86$4,343
Oct 2008057375.246.92$3,966
Sep 20080347101.767.88$2,733
Aug 20080757114.228.48$6,422
Jul 20080614131.0811.39$6,993
Jun 20080623131.3313.03$8,119
May 20080578123.1711.57$6,690
Apr 20080442110.3110.45$4,621
Mar 20080364101.909.66$3,518
Feb 2008150092.538.77$4,478
Jan 2008173090.388.21$6,081
Dec 2007163388.337.30$4,710
Nov 2007164391.677.29$4,780
Oct 2007265782.856.92$4,713
Sep 2007085675.846.24$5,345
Aug 2007082469.066.39$5,264
Jul 2007084870.906.39$5,417
Jun 2007285262.007.55$6,555
May 2007099458.747.85$7,799
Apr 200711,04959.617.81$8,247
Mar 200711,14356.927.30$8,403
Feb 200711,05855.108.22$8,748
Jan 200711,22050.306.73$8,257
Dec 200611,24356.656.92$8,656
Nov 200611,31154.207.62$10,041
Oct 200641,51754.906.01$9,343
Sep 200611,68160.085.04$8,528
Aug 200611,65868.717.34$12,238
Jul 200602,39069.376.34$15,159
Jun 200623,08866.286.38$19,846
May 200604,20766.016.42$27,030
Apr 2006312,47264.397.36$91,993
Mar 2006157056.707.08$4,094
Feb 200612,58857.597.75$20,117
Jan 200674,76860.598.93$43,018
Dec 2005116,16254.9413.42$83,270
Nov 2005510,18654.6910.59$108,127
Oct 2005911,41958.3413.80$158,059
Sep 2005514,42061.4512.08$174,486
Aug 2005523,12761.519.80$226,879
Jul 200504,32555.697.84$33,924
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 200504449.207.36$324
Mar 200505150.377.15$365
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 2004014945.286.33$943
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 2004099142.375.55$5,501
Jul 2004020238.286.08$1,229
Jun 200402,38236.106.43$15,323
May 200404,19237.486.49$27,225
Apr 200438,33034.475.86$48,904
Mar 200408,99234.365.53$49,727
Feb 200407,15932.455.51$39,443
Jan 200402,23732.036.30$14,092
Dec 200308,66630.266.30$54,610
Nov 200306,73828.804.60$30,962
Oct 2003710,81828.174.76$51,687
Sep 20031011,99426.314.75$57,227
Aug 2003415,34129.765.13$78,814
Jul 2003312,08229.415.17$62,562
Jun 2003010,59528.565.98$63,389
May 20038710,91626.595.97$67,511
Apr 2003314,95226.675.41$80,930
Mar 2003013,64931.146.10$83,205
Feb 20033212,82333.487.93$102,705
Jan 200308,15830.315.58$45,538
Dec 2002337,89726.914.85$39,218
Nov 2002010,54424.664.14$43,620
Oct 2002419,35326.464.23$40,640
Sep 2002016,31327.443.64$59,301
Aug 2002915,18625.963.16$48,285
Jul 2002019,08424.583.06$58,431
Jun 200254,18623.733.34$14,093
May 200202,25724.663.58$8,089
Apr 200241,96523.653.51$6,996
Mar 200202,59122.003.10$8,039
Feb 200259,78718.222.38$23,342
Jan 2002410,13117.172.38$24,137
Dec 2001514,43616.932.36$34,217
Nov 2001011,09618.072.41$26,692
Oct 2001416,16719.782.53$40,964
Sep 2001416,21324.262.25$36,598
Aug 2001817,19624.873.05$52,701
Jul 2001522,44323.933.20$71,872
Jun 2001023,31324.563.82$89,153
May 20011019,77325.524.31$85,424
Apr 2001533,45724.685.34$178,627
Mar 2001533,19324.545.38$178,583
Feb 2001631,02027.755.77$179,061
Jan 2001934,80727.478.40$292,583
Dec 2000936,55726.889.12$333,733
Nov 2000435,98432.215.66$203,726
Oct 2000144,82631.235.15$25,269
Sep 200067,43631.875.19$38,758
Aug 2000033,92329.644.54$154,036
Jul 2000740,47828.534.09$165,745
Jun 2000024,14229.304.40$106,158
May 2000735,60027.263.68$131,190
Apr 2000632,16824.513.12$100,383
Mar 2000636,45528.422.86$104,423
Feb 2000117,90127.622.73$21,846
Jan 200063,06225.272.48$7,747
Dec 199966,45224.282.42$15,784
Nov 19991115,02623.192.43$36,828
Oct 19991113,09020.982.80$36,931
Sep 1999620,76821.752.62$54,519
Aug 1999717,16219.262.88$49,486
Jul 19992729,91917.892.37$71,462
Jun 1999139,64215.942.36$22,983
May 19991431,46415.792.32$73,250
Apr 19992669,51215.102.21$25,020
Mar 199913711,91812.471.84$23,618
Feb 199913813,7429.981.82$26,357
Jan 199940554,26810.381.90$107,310
Dec 199827721,4369.201.77$40,561
Nov 199827419,10710.892.19$44,746
Oct 199826537,28512.421.97$76,713
Sep 199827445,52612.592.08$98,263
Aug 199824343,02111.301.91$84,802
Jul 199852852,02811.742.24$122,599
Jun 199813538,45711.242.24$87,556
May 199826731,29212.622.21$72,410
Apr 199840130,52013.042.51$81,692
Mar 199840741,52812.802.31$101,116
Feb 199839229,22513.952.30$72,660
Jan 199842349,43414.702.15$112,738
Dec 199728542,65116.322.41$107,487
Nov 199754141,61718.193.09$138,365
Oct 199727537,58019.253.15$123,664
Sep 199728436,81117.742.95$113,810
Aug 199743649,31317.862.55$133,769
Jul 199758853,91417.582.25$131,479
Jun 199729249,88917.242.26$117,644
May 199757037,42218.972.31$97,202
Apr 199740642,99717.882.08$96,813
Mar 199754748,05118.951.94$103,543
Feb 199741641,98820.492.21$101,145
Jan 199742054,47023.483.54$202,669
Dec 199658256,05923.32$13,572
Nov 199628750,86721.97$6,305
Oct 199645264,30123.31$10,536
Sep 199642054,19322.22$9,332
Aug 199642058,82220.26$8,509
Jul 199640259,38319.55$7,859
Jun 199639660,15818.73$7,417
May 199638865,86319.43$7,539
Apr 199654066,08221.51$11,615
Mar 199653374,71619.38$10,330
Feb 199653550,60916.98$9,084
Jan 199666367,90917.07$11,317
Dec 199567264,30917.19$11,552
Nov 199554564,90316.00$8,720
Oct 199541367,07515.43$6,373
Sep 199565964,62416.18$10,663
Aug 199553665,95615.92$8,533
Jul 199569771,03815.24$10,622
Jun 199539369,86816.41$6,449
May 199581770,41017.56$14,347
Apr 199542470,58217.73$7,518
Mar 199596882,47616.44$15,914
Feb 199569076,24416.58$11,440
Jan 199581286,66415.92$12,927
Dec 199441790,60315.03$6,268
Nov 199453788,71815.90$8,538
Oct 199478696,64115.58$12,246
Sep 199469795,03615.29$10,657
Aug 1994701103,46216.13$11,307
Jul 1994792114,56017.56$13,908
Jun 1994806115,50117.09$13,775
May 19941,075133,73315.88$17,071
Apr 1994842137,53014.14$11,906
Mar 19941,312143,74212.46$16,348
Feb 1994960137,06312.50$12,000
Jan 1994773109,87112.66$9,786

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                  246 Mcf  × $  3.05 =       $749

────────────────────────────────────────────────────
Month total                                     $749

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/148956 is the state's own key, not one this site invented.