VELA, J.M.

Operated by HILCORP ENERGY COMPANY (P-5 386310) in the BASHARA-HEREFORD (7300) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 149006District 04Field 059936002 tax incentive programmesCondensateGasSaveExport
Value, all time
$4.8 M
Mar 1994 – May 2026
Value, last 12 filed months
$55 k
at the published price for each month
Months reported
387
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 182 leases and 182 wells, and the rule below applies to all of them.

Discovered
1986-07-30
as the register files it
Field class
Gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

The Commission's schedule remark for this field reads: ALLOCATION FORMULA SUSPENDED EFFECTIVE 2/1/94.

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 Gas112001-08-21144603
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
CondensateDisposition1,902 bbl$48,827
GasProduction2,669,441 Mcf$4,755,819
Total$4,804,646

1,490,019 Mcf of this lease's gas, across 34 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 27.2835, -99.3593. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.28346, -99.35926 · 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
8,440 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 8,440 ft.

Completions filed
Mar 1994
1 of 1 wells

1 well

42-5053316098,440 ftMar 1994

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 (387)

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

387 months

May 202602,027106.413.05$6,174
Apr 202601,90298.932.87$5,458
Mar 202602,07889.753.15$6,545
Feb 202602,03063.503.75$7,613
Jan 202601,26059.138.00$10,077
Dec 2025075856.664.41$3,345
Nov 2025093258.593.93$3,659
Oct 2025088359.383.30$2,918
Sep 2025058062.743.08$1,785
Aug 2025076163.933.01$2,294
Jul 2025076466.743.32$2,533
Jun 2025082666.483.13$2,584
May 2025082460.553.23$2,663
Apr 2025078162.363.54$2,767
Mar 202501,11967.704.27$4,776
Feb 202501,72870.884.34$7,501
Jan 202502,08874.324.28$8,934
Dec 202402,07668.993.12$6,480
Nov 202401,95369.052.20$4,294
Oct 202401,92571.372.28$4,392
Sep 202401,77269.612.36$4,190
Aug 202401,88975.632.06$3,898
Jul 202401,90079.932.15$4,079
Jun 202401,82678.082.63$4,810
May 202402,00378.812.20$4,403
Apr 202402,04984.451.66$3,400
Mar 202402,15980.301.55$3,336
Feb 202402,16776.091.78$3,865
Jan 202401,89973.023.30$6,262
Dec 202302,05371.262.61$5,360
Nov 202302,08877.892.81$5,862
Oct 202302,27085.443.09$7,008
Sep 202302,10789.042.74$5,763
Aug 202302,28980.522.67$6,118
Jul 202302,58574.852.64$6,829
Jun 202301,83668.962.26$4,147
May 202301,99170.622.23$4,435
Apr 202301,89778.122.24$4,245
Mar 202301,93572.852.39$4,631
Feb 202301,75775.112.47$4,332
Jan 202301,90976.533.39$6,467
Dec 202201,95876.415.73$11,218
Nov 202201,93885.005.65$10,942
Oct 202202,05387.185.86$12,038
Sep 202201,96984.888.16$16,074
Aug 202201,97094.529.13$17,981
Jul 202202,056101.587.54$15,507
Jun 202201,836115.097.98$14,646
May 202201,833109.378.43$15,458
Apr 202201,741104.226.84$11,904
Mar 202201,784108.885.08$9,056
Feb 202201,72191.054.86$8,362
Jan 202201,93681.844.54$8,785
Dec 202101,98871.323.90$7,751
Nov 202101,91077.435.24$10,002
Oct 202101,95279.795.71$11,153
Sep 202102,06669.865.35$11,055
Aug 202102,43466.024.22$10,273
Jul 202102,43570.783.98$9,696
Jun 202104,74969.493.38$16,055
May 202102,51263.483.02$7,580
Apr 202102,39560.362.76$6,606
Mar 202102,75661.302.72$7,488
Feb 202102,33057.805.55$12,927
Jan 202102,72650.412.81$7,661
Dec 202002,84544.642.68$7,612
Nov 202002,74838.772.71$7,438
Oct 202003,00036.972.48$7,435
Sep 202002,22537.091.99$4,430
Aug 202002,39639.982.39$5,715
Jul 202002,20038.371.83$4,015
Jun 202002,12434.901.69$3,590
May 202002,16616.921.81$3,931
Apr 202001,99114.751.80$3,593
Mar 202002,35730.341.86$4,375
Feb 202002,25249.881.98$4,460
Jan 202002,20957.252.09$4,627
Dec 201902,15459.012.30$4,964
Nov 201902,53755.302.75$6,979
Oct 201902,41853.472.42$5,848
Sep 201902,52955.052.66$6,720
Aug 201902,43553.112.30$5,611
Jul 201902,60456.272.46$6,406
Jun 201902,78652.782.49$6,940
May 201903,09358.482.74$8,476
Apr 201902,68662.632.75$7,388
Mar 201903,09556.803.06$9,477
Feb 201902,48450.852.79$6,936
Jan 201902,82146.033.23$9,107
Dec 201802,77446.594.19$11,610
Nov 201802,82652.934.24$11,974
Oct 201802,96761.443.40$10,082
Sep 201802,83259.543.11$8,802
Aug 201803,11959.403.07$9,565
Jul 201803,35365.142.93$9,831
Jun 201803,28060.183.08$10,092
May 201803,67865.382.90$10,669
Apr 201804,00763.842.90$11,624
Mar 201804,82861.222.79$13,455
Feb 201804,10461.782.77$11,352
Jan 201801,07662.874.01$4,314
Dec 2017073657.272.92$2,150
Nov 2017074755.423.12$2,329
Oct 2017084149.292.98$2,509
Sep 2017080247.523.09$2,476
Aug 2017091745.373.00$2,755
Jul 2017093843.873.09$2,896
Jun 201701,07542.493.09$3,319
May 201701,04545.373.26$3,410
Apr 2017097847.933.21$3,141
Mar 2017089146.772.98$2,658
Feb 2017074450.452.95$2,197
Jan 201701,01649.413.42$3,474
Dec 201603,15448.763.72$11,742
Nov 201603,27242.492.64$8,652
Oct 201603,90346.193.09$12,061
Sep 201603,92541.553.10$12,170
Aug 201604,29541.442.92$12,560
Jul 201664,47741.622.92$13,342
Jun 201604,53945.352.69$12,191
May 201605,11742.521.99$10,188
Apr 201605,29836.561.99$10,549
Mar 2016115,98733.011.79$11,104
Feb 201606,35626.472.06$13,116
Jan 201602,33427.352.36$5,518
Dec 201501,11532.362.00$2,232
Nov 201501,05138.792.17$2,278
Oct 201501,16543.552.43$2,827
Sep 201501,10142.992.76$3,037
Aug 201501,16740.162.87$3,352
Jul 201501,15348.152.95$3,396
Jun 2015098856.152.88$2,848
May 2015079555.212.96$2,350
Apr 2015093649.822.71$2,533
Mar 201501,20742.892.93$3,542
Feb 2015086344.662.98$2,568
Jan 201501,11443.433.10$3,454
Dec 201401,06554.693.59$3,825
Nov 201401,14970.464.25$4,885
Oct 201401,18778.303.90$4,630
Sep 201401,09686.164.05$4,434
Aug 201401,15589.394.04$4,661
Jul 201401,13896.564.18$4,756
Jun 201401,06998.164.74$5,064
May 2014057194.734.73$2,699
Apr 2014098395.944.81$4,727
Mar 201401,06095.895.06$5,360
Feb 2014092697.406.19$5,734
Jan 2014096890.404.86$4,705
Dec 201301,00791.824.35$4,385
Nov 201301,04788.853.74$3,914
Oct 201301,07597.423.78$4,063
Sep 20130978104.113.72$3,636
Aug 201301,142104.253.52$4,023
Jul 201301,080102.523.72$4,015
Jun 201301,03094.403.93$4,051
May 201301,12394.834.15$4,659
Apr 201301,10693.964.28$4,737
Mar 201301,26893.623.91$4,962
Feb 2013084291.233.42$2,880
Jan 2013099191.603.42$3,389
Dec 2012098986.773.42$3,383
Nov 2012093886.953.62$3,400
Oct 2012095989.383.40$3,260
Sep 201201,27794.672.92$3,727
Aug 201201,09892.662.91$3,193
Jul 201201,22885.133.02$3,710
Jun 201201,42179.822.52$3,580
May 201203,04091.612.49$7,564
Apr 201203,055101.652.00$6,100
Mar 201202,601105.052.22$5,780
Feb 201202,348101.102.57$6,035
Jan 201202,33798.092.73$6,390
Dec 201102,95796.873.24$9,580
Nov 201102,96795.723.31$9,825
Oct 201102,61584.983.65$9,541
Sep 201103,22783.623.99$12,862
Aug 201103,22183.404.15$13,365
Jul 201103,00694.144.52$13,579
Jun 201101,95692.904.64$9,076
May 201101,29898.134.40$5,717
Apr 20110938105.964.33$4,065
Mar 201101,03096.364.06$4,179
Feb 201101,55385.644.18$6,492
Jan 201101,98286.504.59$9,095
Dec 201001,58585.734.35$6,891
Nov 201001,26480.843.80$4,797
Oct 201003,32378.103.51$11,660
Sep 201003,23872.633.98$12,886
Aug 201001,42673.684.42$6,302
Jul 201003,32672.554.74$15,754
Jun 201002,22670.364.91$10,931
May 201002,65871.124.24$11,257
Apr 201002,38081.694.12$9,812
Mar 201002,53078.394.39$11,103
Feb 201002,96273.585.44$16,120
Jan 201003,14774.365.96$18,769
Dec 200903,01971.445.48$16,555
Nov 200902,96974.593.75$11,138
Oct 200903,26472.544.11$13,416
Sep 200903,18165.543.06$9,749
Aug 200903,27567.423.22$10,541
Jul 200903,08561.133.46$10,688
Jun 200903,25566.163.90$12,678
May 200901,98054.743.93$7,773
Apr 200902,73046.773.59$9,794
Mar 200901,98642.144.06$8,061
Feb 200902,18832.814.63$10,137
Jan 200902,83035.865.37$15,200
Dec 200803,06637.105.98$18,326
Nov 200802,99055.496.86$20,512
Oct 200802,11075.246.92$14,605
Sep 200802,554101.767.88$20,118
Aug 200802,566114.228.48$21,767
Jul 200802,620131.0811.39$29,840
Jun 200802,592131.3313.03$33,781
May 200803,025123.1711.57$35,012
Apr 200803,188110.3110.45$33,330
Mar 200803,260101.909.66$31,505
Feb 200802,85292.538.77$25,014
Jan 200803,11590.388.21$25,561
Dec 200703,07288.337.30$22,432
Nov 200703,32491.677.29$24,238
Oct 200703,61782.856.92$25,037
Sep 200702,73075.846.24$17,047
Aug 200703,39769.066.39$21,700
Jul 200703,10270.906.39$19,815
Jun 200702,50062.007.55$18,871
May 200702,40758.747.85$18,886
Apr 200702,33159.617.81$18,194
Mar 200703,03456.927.30$22,154
Feb 200702,68855.108.22$22,085
Jan 200703,56950.306.73$24,008
Dec 200603,77856.656.92$26,138
Nov 200603,64854.207.62$27,789
Oct 200603,95554.906.01$23,785
Sep 200603,41260.085.04$17,187
Aug 200602,58968.717.34$19,003
Jul 200603,24669.376.34$20,589
Jun 200603,01866.286.38$19,267
May 200602,44566.016.42$15,709
Apr 200603,04364.397.36$22,398
Mar 2006113,66956.707.08$26,611
Feb 200603,34857.597.75$25,951
Jan 2006153,95560.598.93$36,240
Dec 200502,67454.9413.42$35,873
Nov 200533,28954.6910.59$34,989
Oct 2005114,05258.3413.80$56,542
Sep 2005103,00461.4512.08$36,900
Aug 200573,74161.519.80$37,081
Jul 2005163,47655.697.84$28,156
Jun 2005613,40252.337.38$28,302
May 2005253,71945.226.65$25,866
Apr 2005404,03249.207.36$31,645
Mar 2005313,52950.377.15$26,811
Feb 2005303,18945.226.31$21,485
Jan 2005303,76543.166.32$25,098
Dec 2004683,93839.866.75$29,296
Nov 2004453,86245.286.33$26,486
Oct 200403,92349.706.52$25,559
Sep 200453,23643.245.28$17,315
Aug 200463,56842.375.55$20,059
Jul 200464,87938.286.08$29,914
Jun 2004114,49236.106.43$29,294
May 2004113,51037.486.49$23,208
Apr 2004513,49234.475.86$22,216
Mar 200403,91434.365.53$21,645
Feb 200403,84432.455.51$21,179
Jan 2004332,02832.036.30$13,833
Dec 200303,88230.266.30$24,463
Nov 200303,96328.804.60$18,211
Oct 200304,43728.174.76$21,119
Sep 200304,65226.314.75$22,094
Aug 200304,05229.765.13$20,786
Jul 200304,77429.415.17$24,686
Jun 2003134,95828.565.98$30,035
May 200305,77326.595.97$34,480
Apr 200305,61126.675.41$30,340
Mar 200302,70431.146.10$16,484
Feb 200302,18133.487.93$17,286
Jan 200304,10730.315.58$22,925
Dec 200204,80626.914.85$23,327
Nov 2002394,81924.664.14$20,898
Oct 200205,27126.464.23$22,292
Sep 200205,46427.443.64$19,863
Aug 200205,39125.963.16$17,058
Jul 200206,91724.583.06$21,178
Jun 200206,42823.733.34$21,458
May 200206,62324.663.58$23,737
Apr 2002417,29223.653.51$26,581
Mar 200207,14622.003.10$22,172
Feb 200201,85618.222.38$4,409
Jan 200202,04817.172.38$4,865
Dec 200102,03716.932.36$4,816
Nov 2001382,01618.072.41$5,536
Oct 200102,05819.782.53$5,204
Sep 200102,04524.262.25$4,604
Aug 200102,26524.873.05$6,915
Jul 200103,43123.933.20$10,969
Jun 200105,37924.563.82$20,570
May 200105,59825.524.31$24,112
Apr 200104,98224.685.34$26,581
Mar 200104,64724.545.38$24,984
Feb 2001495,13727.755.77$30,985
Jan 200105,52727.478.40$46,420
Dec 200006,03026.889.12$55,009
Nov 200005,87532.215.66$33,241
Oct 200005,94131.235.15$30,569
Sep 200005,85831.875.19$30,383
Aug 2000176,35329.644.54$29,351
Jul 2000296,45028.534.09$27,206
Jun 200006,42029.304.40$28,230
May 200006,89527.263.68$25,372
Apr 200006,45224.513.12$20,104
Mar 2000135,55628.422.86$16,258
Feb 200005,91027.622.73$16,114
Jan 200007,12525.272.48$17,674
Dec 199996,30724.282.42$15,505
Nov 199907,11823.192.43$17,325
Oct 1999167,04220.982.80$20,079
Sep 199905,02621.752.62$13,162
Aug 199907,05319.262.88$20,282
Jul 199907,33717.892.37$17,406
Jun 1999366,65615.942.36$16,296
May 1999337,53715.792.32$18,015
Apr 199907,22015.102.21$15,942
Mar 199908,30412.471.84$15,265
Feb 199907,1969.981.82$13,081
Jan 1999468,65610.381.90$16,923
Dec 199809,1329.201.77$16,194
Nov 1998429,46610.892.19$21,147
Oct 199804,09512.421.97$8,064
Sep 199807,29712.592.08$15,197
Aug 199808,66711.301.91$16,531
Jul 199807,21511.742.24$16,142
Jun 199804,17711.242.24$9,345
May 199807,47212.622.21$16,486
Apr 199809,08113.042.51$22,751
Mar 1998110,28812.802.31$23,772
Feb 199809,35613.952.30$21,511
Jan 1998410,76814.702.15$23,262
Dec 1997010,52316.322.41$25,372
Nov 1997010,27718.193.09$31,738
Oct 1997612,16419.253.15$38,430
Sep 199777,59417.742.95$22,564
Aug 1997714,18517.862.55$36,364
Jul 1997016,30617.582.25$36,639
Jun 1997413,78517.242.26$31,184
May 199708,52818.972.31$19,687
Apr 199779,97717.882.08$20,905
Mar 1997138,89218.951.94$17,489
Feb 199778,66220.492.21$19,251
Jan 199789,85923.483.54$35,086
Dec 1996813,36623.32$187
Nov 1996713,94821.97$154
Oct 1996717,69023.31$163
Sep 1996818,38522.22$178
Aug 1996723,94720.26$142
Jul 19961330,63719.55$254
Jun 1996511,20918.73$94
May 1996513,08019.43$97
Apr 19961710,73421.51$366
Mar 1996624,13719.38$116
Feb 19961114,63616.98$187
Jan 19961014,94517.07$171
Dec 19951213,16417.19$206
Nov 19951321,05616.00$208
Oct 19952227,65615.43$339
Sep 19952414,84616.18$388
Aug 19951920,44015.92$302
Jul 19953820,71515.24$579
Jun 1995028,27216.41$0
May 19956129,07617.56$1,071
Apr 1995028,93117.73$0
Mar 19958329,50416.44$1,365
Feb 19957739,05116.58$1,277
Jan 1995054,08515.92$0
Dec 19945764,73715.03$857
Nov 19945697,41715.90$890
Oct 1994091,17715.58$0
Sep 199458105,41915.29$887
Aug 199456127,49716.13$903
Jul 199458117,28617.56$1,018
Jun 1994097,36117.09$0
May 1994115113,94115.88$1,826
Apr 199421105,69214.14$297
Mar 1994035,98212.46$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                2,027 Mcf  × $  3.05 =     $6,174

────────────────────────────────────────────────────
Month total                                   $6,174

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/149006 is the state's own key, not one this site invented.