VELA-ALEXANDER GAS UNIT

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 154846District 04Field 059936002 tax incentive programmesCondensateGasSaveExport
Value, all time
$11.4 M
May 1995 – May 2026
Value, last 12 filed months
$128 k
at the published price for each month
Months reported
373
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 Gas112001-08-21144607
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
CondensateDisposition1,739 bbl$38,629
GasProduction4,967,106 Mcf$11,406,939
Total$11,445,568

1,983,081 Mcf of this lease's gas, across 19 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 27.2868, -99.3725. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.28675, -99.37253 · 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
9,832 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 9,832 ft.

Completions filed
May 1995
1 of 1 wells

1 well

42-5053324719,832 ftMay 1995

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 (373)

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

373 months

May 202602,903106.413.05$8,842
Apr 202602,77098.932.87$7,949
Mar 202602,83989.753.15$8,941
Feb 202602,58863.503.75$9,706
Jan 202602,89659.138.00$23,162
Dec 202502,90656.664.41$12,825
Nov 202502,80958.593.93$11,029
Oct 202502,92159.383.30$9,653
Sep 202502,83062.743.08$8,708
Aug 202502,95563.933.01$8,909
Jul 202502,95366.743.32$9,790
Jun 202502,85166.483.13$8,920
May 202502,91860.553.23$9,432
Apr 202502,82862.363.54$10,020
Mar 202502,94367.704.27$12,562
Feb 202502,67670.884.34$11,616
Jan 202502,97674.324.28$12,733
Dec 202402,98668.993.12$9,320
Nov 202402,92269.052.20$6,424
Oct 202403,03471.372.28$6,922
Sep 202402,94069.612.36$6,951
Aug 202402,99175.632.06$6,172
Jul 202403,02879.932.15$6,500
Jun 202402,96178.082.63$7,799
May 202403,06378.812.20$6,734
Apr 202402,98484.451.66$4,951
Mar 202403,13080.301.55$4,836
Feb 202402,96076.091.78$5,280
Jan 202403,18573.023.30$10,503
Dec 202303,12271.262.61$8,151
Nov 202302,96577.892.81$8,324
Oct 202303,11785.443.09$9,623
Sep 202303,02789.042.74$8,279
Aug 202303,15480.522.67$8,430
Jul 202303,15274.852.64$8,327
Jun 202302,96668.962.26$6,699
May 202303,03370.622.23$6,756
Apr 202302,97178.122.24$6,648
Mar 202303,07872.852.39$7,366
Feb 202302,77275.112.47$6,835
Jan 202303,04676.533.39$10,319
Dec 202203,10676.415.73$17,795
Nov 202203,02885.005.65$17,097
Oct 202203,18587.185.86$18,676
Sep 202203,09584.888.16$25,267
Aug 202203,21894.529.13$29,371
Jul 202203,236101.587.54$24,406
Jun 202203,142115.097.98$25,064
May 202203,242109.378.43$27,340
Apr 202203,101104.226.84$21,203
Mar 202203,158108.885.08$16,031
Feb 202202,93191.054.86$14,241
Jan 202203,24181.844.54$14,707
Dec 202103,26971.323.90$12,746
Nov 202103,19477.435.24$16,727
Oct 202103,34179.795.71$19,090
Sep 202103,38669.865.35$18,118
Aug 202103,45366.024.22$14,574
Jul 202103,54270.783.98$14,105
Jun 202106,98269.493.38$23,603
May 202103,62063.483.02$10,924
Apr 202103,40660.362.76$9,395
Mar 202103,46861.302.72$9,422
Feb 202103,14457.805.55$17,443
Jan 202103,50050.412.81$9,836
Dec 202003,61144.642.68$9,661
Nov 202003,49938.772.71$9,470
Oct 202003,66836.972.48$9,091
Sep 202003,53837.091.99$7,044
Aug 202003,70939.982.39$8,846
Jul 202003,69338.371.83$6,740
Jun 202003,59934.901.69$6,083
May 202003,72416.921.81$6,758
Apr 202003,54114.751.80$6,389
Mar 202003,70330.341.86$6,874
Feb 202003,46349.881.98$6,859
Jan 202003,73457.252.09$7,822
Dec 201903,78559.012.30$8,722
Nov 201903,65655.302.75$10,057
Oct 201903,60553.472.42$8,719
Sep 201903,70255.052.66$9,837
Aug 201903,84353.112.30$8,856
Jul 201903,88756.272.46$9,562
Jun 201903,73252.782.49$9,297
May 201903,87558.482.74$10,619
Apr 201903,74762.632.75$10,307
Mar 201904,00956.803.06$12,276
Feb 201903,48450.852.79$9,728
Jan 201903,89446.033.23$12,571
Dec 201803,84046.594.19$16,072
Nov 201803,81452.934.24$16,161
Oct 201803,91561.443.40$13,303
Sep 201803,81159.543.11$11,845
Aug 201803,97059.403.07$12,174
Jul 201803,98265.142.93$11,675
Jun 201803,90660.183.08$12,018
May 201804,04965.382.90$11,745
Apr 201803,91463.842.90$11,354
Mar 201804,07661.222.79$11,359
Feb 201803,71661.782.77$10,279
Jan 201804,10762.874.01$16,466
Dec 201704,08657.272.92$11,937
Nov 201703,96355.423.12$12,358
Oct 201704,19349.292.98$12,511
Sep 201704,04347.523.09$12,482
Aug 201704,25245.373.00$12,775
Jul 201704,28543.873.09$13,229
Jun 201704,09142.493.09$12,630
May 201704,27645.373.26$13,954
Apr 201704,12347.933.21$13,241
Mar 201704,24346.772.98$12,660
Feb 201703,91750.452.95$11,565
Jan 201704,34349.413.42$14,848
Dec 201604,54748.763.72$16,928
Nov 201604,14242.492.64$10,953
Oct 201604,38246.193.09$13,542
Sep 201604,25741.553.10$13,199
Aug 201604,39841.442.92$12,861
Jul 201674,44541.622.92$13,290
Jun 201604,24345.352.69$11,396
May 201604,41542.521.99$8,790
Apr 201604,19836.561.99$8,358
Mar 2016114,29233.011.79$8,063
Feb 201604,14126.472.06$8,545
Jan 201604,37927.352.36$10,354
Dec 201504,39632.362.00$8,798
Nov 201504,32038.792.17$9,363
Oct 201504,55843.552.43$11,060
Sep 201504,59842.992.76$12,683
Aug 201504,80540.162.87$13,802
Jul 201504,78348.152.95$14,086
Jun 201504,76256.152.88$13,728
May 201504,41455.212.96$13,045
Apr 201504,70749.822.71$12,740
Mar 201504,57742.892.93$13,432
Feb 201504,06644.662.98$12,101
Jan 201504,52043.433.10$14,015
Dec 201404,47954.693.59$16,086
Nov 201404,45470.464.25$18,938
Oct 201404,64478.303.90$18,116
Sep 201404,47886.164.05$18,115
Aug 201404,62189.394.04$18,646
Jul 201404,64896.564.18$19,427
Jun 201404,55698.164.74$21,581
May 201404,64994.734.73$21,974
Apr 201404,51895.944.81$21,728
Mar 201404,70195.895.06$23,772
Feb 201404,30097.406.19$26,626
Jan 201404,76490.404.86$23,156
Dec 201304,56691.824.35$19,883
Nov 201304,64188.853.74$17,349
Oct 201304,82597.423.78$18,235
Sep 201304,698104.113.72$17,466
Aug 201304,903104.253.52$17,271
Jul 201304,980102.523.72$18,514
Jun 2013165,09794.403.93$21,559
May 201304,95694.834.15$20,563
Apr 201304,83393.964.28$20,698
Mar 201305,02293.623.91$19,650
Feb 201304,55991.233.42$15,591
Jan 201305,26591.603.42$18,006
Dec 201205,21286.773.42$17,826
Nov 201204,85686.953.62$17,603
Oct 201205,04889.383.40$17,162
Sep 201204,88994.672.92$14,268
Aug 201205,06792.662.91$14,736
Jul 201204,96285.133.02$14,989
Jun 201204,80379.822.52$12,099
May 201204,99991.612.49$12,439
Apr 201204,827101.652.00$9,639
Mar 201205,274105.052.22$11,719
Feb 201205,019101.102.57$12,900
Jan 201205,47198.092.73$14,958
Dec 201105,07996.873.24$16,455
Nov 201104,99495.723.31$16,537
Oct 201105,38184.983.65$19,633
Sep 201105,15983.623.99$20,563
Aug 201105,48183.404.15$22,742
Jul 201105,61494.144.52$25,360
Jun 201104,09292.904.64$18,986
May 201104,98598.134.40$21,958
Apr 201105,102105.964.33$22,108
Mar 201105,08996.364.06$20,648
Feb 201104,72285.644.18$19,738
Jan 201106,12286.504.59$28,093
Dec 201004,24085.734.35$18,434
Nov 201005,00580.843.80$18,996
Oct 201005,65878.103.51$19,853
Sep 201005,35072.633.98$21,290
Aug 201005,11773.684.42$22,614
Jul 201005,29572.554.74$25,080
Jun 201005,09470.364.91$25,014
May 201005,34371.124.24$22,629
Apr 201005,22481.694.12$21,537
Mar 201005,33478.394.39$23,409
Feb 201004,87573.585.44$26,532
Jan 201005,40274.365.96$32,218
Dec 200905,65471.445.48$31,005
Nov 200905,61274.593.75$21,053
Oct 200905,91072.544.11$24,292
Sep 200905,59065.543.06$17,132
Aug 200905,42767.423.22$17,467
Jul 200905,61761.133.46$19,460
Jun 200905,23166.163.90$20,375
May 200904,79454.743.93$18,820
Apr 200904,93046.773.59$17,686
Mar 200905,30742.144.06$21,541
Feb 200904,59932.814.63$21,307
Jan 200905,20935.865.37$27,978
Dec 200805,25037.105.98$31,380
Nov 200805,07655.496.86$34,823
Oct 200805,19775.246.92$35,974
Sep 200805,074101.767.88$39,968
Aug 200805,447114.228.48$46,207
Jul 200805,509131.0811.39$62,744
Jun 200805,232131.3313.03$68,187
May 200805,615123.1711.57$64,990
Apr 200805,181110.3110.45$54,167
Mar 200805,303101.909.66$51,249
Feb 200804,99592.538.77$43,809
Jan 200805,30690.388.21$43,540
Dec 200705,33088.337.30$38,920
Nov 200705,12291.677.29$37,348
Oct 200705,17882.856.92$35,842
Sep 200705,09575.846.24$31,814
Aug 200705,22969.066.39$33,403
Jul 200705,26970.906.39$33,658
Jun 2007445,18962.007.55$41,897
May 200705,09558.747.85$39,977
Apr 200705,43459.617.81$42,413
Mar 200705,71756.927.30$41,745
Feb 200704,58855.108.22$37,695
Jan 200705,19750.306.73$34,959
Dec 200605,31656.656.92$36,778
Nov 200605,48954.207.62$41,812
Oct 200605,52754.906.01$33,238
Sep 200605,17860.085.04$26,083
Aug 200605,41868.717.34$39,768
Jul 200605,09769.376.34$32,329
Jun 200605,31766.286.38$33,943
May 200605,36866.016.42$34,489
Apr 200605,16764.397.36$38,032
Mar 200605,43356.707.08$38,482
Feb 200604,94957.597.75$38,360
Jan 200605,72460.598.93$51,134
Dec 200505,65954.9413.42$75,918
Nov 200505,77254.6910.59$61,116
Oct 200505,86558.3413.80$80,912
Sep 200505,79461.4512.08$69,986
Aug 200505,79261.519.80$56,743
Jul 200506,07555.697.84$47,650
Jun 200506,79052.337.38$50,117
May 200506,64145.226.65$44,170
Apr 200507,44049.207.36$54,762
Mar 200506,95650.377.15$49,769
Feb 200506,46445.226.31$40,800
Jan 200507,14343.166.32$45,159
Dec 200407,54839.866.75$50,957
Nov 200407,48645.286.33$47,390
Oct 200407,34849.706.52$47,873
Sep 200407,35443.245.28$38,858
Aug 20041648,24942.375.55$52,736
Jul 200409,19238.286.08$55,926
Jun 200409,29136.106.43$59,769
May 2004010,12937.486.49$65,784
Apr 2004010,00134.475.86$58,590
Mar 2004012,01434.365.53$66,439
Feb 200409,48032.455.51$52,231
Jan 2004010,90932.036.30$68,723
Dec 2003010,68530.266.30$67,333
Nov 2003010,54828.804.60$48,470
Oct 2003011,18628.174.76$53,241
Sep 2003011,16526.314.75$53,027
Aug 2003010,40029.765.13$53,349
Jul 2003011,69229.415.17$60,457
Jun 2003011,45128.565.98$68,511
May 2003012,56126.595.97$75,023
Apr 2003011,90426.675.41$64,368
Mar 2003012,59031.146.10$76,749
Feb 2003011,30233.487.93$89,578
Jan 2003012,39430.315.58$69,184
Dec 2002012,38326.914.85$60,104
Nov 2002012,55224.664.14$51,927
Oct 2002013,28826.464.23$56,197
Sep 2002012,82527.443.64$46,621
Aug 2002013,22925.963.16$41,859
Jul 2002014,11324.583.06$43,211
Jun 2002013,14823.733.34$43,891
May 2002015,49624.663.58$55,538
Apr 2002014,66423.653.51$51,505
Mar 2002016,80722.003.10$52,147
Feb 2002014,01218.222.38$33,288
Jan 2002015,99917.172.38$38,009
Dec 2001017,21016.932.36$40,691
Nov 2001015,66318.072.41$37,678
Oct 2001016,61319.782.53$42,012
Sep 2001016,36124.262.25$36,834
Aug 2001017,98924.873.05$54,923
Jul 2001018,59723.933.20$59,456
Jun 2001018,80724.563.82$71,921
May 2001018,84925.524.31$81,189
Apr 2001017,89324.685.34$95,465
Mar 2001016,48024.545.38$88,604
Feb 2001016,14627.755.77$93,115
Jan 2001017,00327.478.40$142,804
Dec 2000019,44126.889.12$177,351
Nov 2000018,86332.215.66$106,727
Oct 2000014,06631.235.15$72,377
Sep 2000013,98331.875.19$72,523
Aug 2000018,48629.644.54$83,940
Jul 2000019,48628.534.09$79,693
Jun 2000019,40629.304.40$85,333
May 2000020,13427.263.68$74,088
Apr 2000020,51724.513.12$63,931
Mar 2000016,58928.422.86$47,440
Feb 2000013,29027.622.73$36,235
Jan 2000018,77325.272.48$46,566
Dec 1999017,99524.282.42$43,615
Nov 1999017,81123.192.43$43,352
Oct 19991217,96220.982.80$50,612
Sep 1999016,06521.752.62$42,072
Aug 1999420,62619.262.88$59,389
Jul 1999019,20117.892.37$45,552
Jun 1999018,88915.942.36$44,618
May 1999021,35415.792.32$49,563
Apr 1999020,24215.102.21$44,695
Mar 199913122,24512.471.84$42,527
Feb 1999021,1769.981.82$38,494
Jan 1999024,08410.381.90$45,758
Dec 1998028,5659.201.77$50,655
Nov 1998028,87210.892.19$63,106
Oct 1998728,50912.421.97$56,227
Sep 1998030,22312.592.08$62,943
Aug 1998028,86511.301.91$55,056
Jul 1998024,66011.742.24$55,171
Jun 1998021,09211.242.24$47,189
May 1998016,43812.622.21$36,268
Apr 1998021,55613.042.51$54,005
Mar 1998021,69912.802.31$50,113
Feb 1998015,95213.952.30$36,676
Jan 1998017,40014.702.15$37,493
Dec 1997023,27216.322.41$56,111
Nov 199713624,45118.193.09$77,985
Oct 1997034,79719.253.15$109,604
Sep 1997030,80917.742.95$91,037
Aug 1997038,47317.862.55$98,289
Jul 1997038,94217.582.25$87,500
Jun 1997040,84517.242.26$92,195
May 1997048,51218.972.31$111,990
Apr 19971550,29717.882.08$105,026
Mar 1997054,93618.951.94$106,529
Feb 1997055,83420.492.21$123,164
Jan 199716263,01523.483.54$226,858
Dec 1996061,93823.32$0
Nov 1996067,83121.97$0
Oct 1996076,22123.31$0
Sep 1996079,46122.22$0
Aug 199617588,47020.26$3,546
Jul 1996097,04819.55$0
Jun 19960104,05018.73$0
May 1996168106,21619.43$3,264
Apr 19960106,12421.51$0
Mar 19960117,50719.38$0
Feb 1996180129,18716.98$3,056
Jan 19960113,57117.07$0
Dec 1995168120,75617.19$2,888
Nov 19950127,83316.00$0
Oct 19950140,11115.43$0
Sep 1995160136,79216.18$2,589
Aug 1995179158,25715.92$2,850
Jul 1995082,25015.24$0
Jun 1995069,45816.41$0
May 19950017.56$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                2,903 Mcf  × $  3.05 =     $8,842

────────────────────────────────────────────────────
Month total                                   $8,842

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/154846 is the state's own key, not one this site invented.