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 161676District 04Field 779730502 tax incentive programmesCondensateGasSaveExport
Value, all time
$12.3 M
Jun 1996 – May 2026
Value, last 12 filed months
$145 k
at the published price for each month
Months reported
360
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 Gas112000-10-20142640
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
CondensateDisposition1,547 bbl$52,721
GasProduction3,333,896 Mcf$12,225,202
Total$12,277,922

283,330 Mcf of this lease's gas, across 6 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 26.7437, -99.2233. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.74373, -99.22335 · 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
12,857 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 12,857 ft.

Completions filed
Apr 1996
1 of 1 wells

1 well

42-505333881112,857 ftApr 1996

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 (360)

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

360 months

May 202603,140106.413.05$9,564
Apr 202602,93698.932.87$8,426
Mar 202603,12489.753.15$9,839
Feb 202603,00563.503.75$11,270
Jan 202603,39259.138.00$27,129
Dec 202503,17856.664.41$14,026
Nov 202503,06558.593.93$12,035
Oct 202503,60159.383.30$11,901
Sep 202503,15962.743.08$9,720
Aug 202503,20863.933.01$9,671
Jul 202503,26666.743.32$10,827
Jun 202503,31066.483.13$10,356
May 202503,03060.553.23$9,794
Apr 202502,30362.363.54$8,160
Mar 202502,14467.704.27$9,151
Feb 202502,45270.884.34$10,644
Jan 2025057074.324.28$2,439
Dec 202402,02768.993.12$6,327
Nov 202402,33769.052.20$5,138
Oct 202402,81871.372.28$6,429
Sep 202403,30769.612.36$7,819
Aug 202403,12475.632.06$6,447
Jul 202403,78479.932.15$8,123
Jun 202404,25678.082.63$11,210
May 202403,50378.812.20$7,701
Apr 202401,97984.451.66$3,284
Mar 202402,59780.301.55$4,013
Feb 202403,00876.091.78$5,365
Jan 202403,81673.023.30$12,584
Dec 202303,71971.262.61$9,709
Nov 202303,62477.892.81$10,175
Oct 202304,26085.443.09$13,152
Sep 202304,10989.042.74$11,238
Aug 202304,47680.522.67$11,964
Jul 202303,91374.852.64$10,337
Jun 202303,72468.962.26$8,411
May 202304,96870.622.23$11,066
Apr 202305,43278.122.24$12,156
Mar 202303,24072.852.39$7,754
Feb 2023036675.112.47$902
Jan 2023041176.533.39$1,392
Dec 2022061376.415.73$3,512
Nov 2022050585.005.65$2,851
Oct 2022074887.185.86$4,386
Sep 2022059984.888.16$4,890
Aug 2022067594.529.13$6,161
Jul 20220721101.587.54$5,438
Jun 20220908115.097.98$7,243
May 202201,378109.378.43$11,621
Apr 202201,856104.226.84$12,691
Mar 202201,641108.885.08$8,330
Feb 202201,83891.054.86$8,931
Jan 202202,74881.844.54$12,470
Dec 202101,88271.323.90$7,338
Nov 202103,49977.435.24$18,324
Oct 202103,82579.795.71$21,856
Sep 202101,63769.865.35$8,759
Aug 202103,36166.024.22$14,185
Jul 202103,40070.783.98$13,539
Jun 202103,35869.493.38$11,352
May 202103,42863.483.02$10,345
Apr 202103,42460.362.76$9,445
Mar 202103,49661.302.72$9,498
Feb 202103,21557.805.55$17,837
Jan 202103,55550.412.81$9,991
Dec 202003,66244.642.68$9,798
Nov 202003,44938.772.71$9,335
Oct 202003,62236.972.48$8,977
Sep 202003,51237.091.99$6,993
Aug 202003,73739.982.39$8,913
Jul 202003,72138.371.83$6,791
Jun 202003,65234.901.69$6,173
May 202003,90616.921.81$7,088
Apr 202003,82714.751.80$6,905
Mar 202004,05830.341.86$7,533
Feb 202003,94249.881.98$7,808
Jan 202004,50157.252.09$9,428
Dec 201903,48059.012.30$8,019
Nov 201903,27255.302.75$9,000
Oct 201903,06753.472.42$7,418
Sep 201903,83455.052.66$10,188
Aug 201904,03853.112.30$9,305
Jul 201904,10956.272.46$10,108
Jun 201903,92952.782.49$9,788
May 201904,12458.482.74$11,301
Apr 201903,83362.632.75$10,543
Mar 201904,05656.803.06$12,420
Feb 201903,91750.852.79$10,937
Jan 201904,36446.033.23$14,088
Dec 201804,60646.594.19$19,278
Nov 201804,92952.934.24$20,885
Oct 201802,91861.443.40$9,916
Sep 201801,11459.543.11$3,462
Aug 201801,83459.403.07$5,624
Jul 201803,32065.142.93$9,734
Jun 201803,76360.183.08$11,578
May 201803,83965.382.90$11,136
Apr 201803,73563.842.90$10,834
Mar 201803,97261.222.79$11,069
Feb 201803,71461.782.77$10,273
Jan 201804,24862.874.01$17,032
Dec 201704,17057.272.92$12,183
Nov 201703,87655.423.12$12,087
Oct 201704,10549.292.98$12,248
Sep 201703,96847.523.09$12,250
Aug 201704,33545.373.00$13,024
Jul 201704,67443.873.09$14,430
Jun 201704,62542.493.09$14,279
May 201704,94445.373.26$16,134
Apr 201705,14347.933.21$16,517
Mar 201705,94246.772.98$17,729
Feb 201706,63550.452.95$19,591
Jan 201704,56749.413.42$15,614
Dec 2016086948.763.72$3,235
Nov 2016098242.492.64$2,597
Oct 2016091846.193.09$2,837
Sep 201601,52941.553.10$4,741
Aug 201604,46341.442.92$13,051
Jul 201602,55541.622.92$7,472
Jun 201601,32845.352.69$3,567
May 201602,19742.521.99$4,374
Apr 201601,04336.561.99$2,077
Mar 201601,73133.011.79$3,105
Feb 201601,02726.472.06$2,119
Jan 2016073927.352.36$1,747
Dec 201501,33932.362.00$2,680
Nov 201502,17738.792.17$4,718
Oct 201503,49743.552.43$8,486
Sep 201502,74342.992.76$7,566
Aug 201504,08440.162.87$11,731
Jul 201504,14648.152.95$12,210
Jun 201504,32056.152.88$12,454
May 201504,48655.212.96$13,258
Apr 201504,49949.822.71$12,177
Mar 201504,71342.892.93$13,831
Feb 201504,29844.662.98$12,792
Jan 201504,48643.433.10$13,909
Dec 201404,25454.693.59$15,278
Nov 201404,28270.464.25$18,206
Oct 201404,44478.303.90$17,336
Sep 201404,26686.164.05$17,258
Aug 20140089.394.04$0
Jul 201404,64596.564.18$19,414
Jun 201404,51398.164.74$21,378
May 201404,63994.734.73$21,927
Apr 201404,46495.944.81$21,468
Mar 201404,75195.895.06$24,025
Feb 201404,27397.406.19$26,458
Jan 201404,77990.404.86$23,229
Dec 201305,25191.824.35$22,865
Nov 201302,49388.853.74$9,320
Oct 201304,63597.423.78$17,517
Sep 201304,606104.113.72$17,124
Aug 201304,847104.253.52$17,074
Jul 201304,847102.523.72$18,020
Jun 201304,74094.403.93$18,644
May 201304,81094.834.15$19,957
Apr 201304,71593.964.28$20,192
Mar 201304,98693.623.91$19,510
Feb 201304,54891.233.42$15,554
Jan 201304,92391.603.42$16,836
Dec 201205,14686.773.42$17,600
Nov 201204,86586.953.62$17,635
Oct 201205,24889.383.40$17,842
Sep 201204,28594.672.92$12,505
Aug 201205,32992.662.91$15,498
Jul 201205,39485.133.02$16,294
Jun 201204,51779.822.52$11,379
May 201204,79291.612.49$11,924
Apr 201204,799101.652.00$9,583
Mar 201204,830105.052.22$10,733
Feb 201204,845101.102.57$12,453
Jan 201205,18798.092.73$14,182
Dec 201105,29796.873.24$17,161
Nov 201105,22395.723.31$17,295
Oct 201105,43284.983.65$19,819
Sep 201105,42483.623.99$21,619
Aug 201104,93083.404.15$20,456
Jul 201105,55694.144.52$25,098
Jun 201104,87592.904.64$22,619
May 201115,40298.134.40$23,893
Apr 201105,277105.964.33$22,867
Mar 201105,43196.364.06$22,035
Feb 201104,78385.644.18$19,993
Jan 201105,41786.504.59$24,857
Dec 201005,58185.734.35$24,265
Nov 201005,43180.843.80$20,612
Oct 201005,70578.103.51$20,018
Sep 201005,54872.633.98$22,078
Aug 201005,79973.684.42$25,628
Jul 201005,39872.554.74$25,568
Jun 201005,68170.364.91$27,896
May 201005,94971.124.24$25,195
Apr 201005,84681.694.12$24,101
Mar 201006,01878.394.39$26,411
Feb 201005,49873.585.44$29,922
Jan 201006,07674.365.96$36,238
Dec 200905,85871.445.48$32,124
Nov 2009105,45174.593.75$21,195
Oct 200906,35772.544.11$26,129
Sep 200954,54565.543.06$14,257
Aug 200956,02567.423.22$19,729
Jul 200956,02161.133.46$21,165
Jun 200955,93866.163.90$23,459
May 2009106,27454.743.93$25,178
Apr 200956,47546.773.59$23,463
Mar 2009911,12842.144.06$45,548
Feb 200946,99132.814.63$32,521
Jan 200937,78635.865.37$41,926
Dec 200834,77537.105.98$28,652
Nov 200803,66255.496.86$25,123
Oct 200856,48375.246.92$45,251
Sep 200866,335101.767.88$50,512
Aug 200806,740114.228.48$57,176
Jul 200856,521131.0811.39$74,926
Jun 200826,604131.3313.03$86,330
May 200856,734123.1711.57$78,557
Apr 200846,540110.3110.45$68,816
Mar 200886,940101.909.66$67,884
Feb 200846,46992.538.77$57,107
Jan 200886,44490.388.21$53,601
Dec 200796,82288.337.30$50,609
Nov 200746,91791.677.29$50,803
Oct 200787,40782.856.92$51,934
Sep 200706,80975.846.24$42,516
Aug 200777,70469.066.39$49,696
Jul 200737,95070.906.39$50,997
Jun 2007137,11562.007.55$54,513
May 200708,05558.747.85$63,202
Apr 200788,08359.617.81$63,566
Mar 200778,74156.927.30$64,225
Feb 200748,36455.108.22$68,939
Jan 2007410,94750.306.73$73,840
Dec 200634,22556.656.92$29,400
Nov 200644,41154.207.62$33,818
Oct 20061510,08154.906.01$61,449
Sep 200622,50460.085.04$12,733
Aug 200634,69268.717.34$34,645
Jul 200608,46669.376.34$53,698
Jun 200648,59666.286.38$55,141
May 200607,52366.016.42$48,335
Apr 200638,40564.397.36$62,058
Mar 200648,93856.707.08$63,534
Feb 200637,88257.597.75$61,267
Jan 2006129,15060.598.93$82,467
Dec 2005169,45754.9413.42$127,748
Nov 200559,37654.6910.59$99,550
Oct 2005810,05758.3413.80$139,211
Sep 200579,59161.4512.08$116,280
Aug 200549,94861.519.80$97,705
Jul 200509,00455.697.84$70,624
Jun 200548,47852.337.38$62,786
May 2005910,13145.226.65$67,790
Apr 20051010,68949.207.36$79,168
Mar 200555,41150.377.15$38,967
Feb 200576,70645.226.31$42,644
Jan 200588,96043.166.32$56,992
Dec 2004367,19539.866.75$50,009
Nov 200405,44745.286.33$34,482
Oct 200437,83149.706.52$51,169
Sep 200406,28143.245.28$33,188
Aug 200407,08742.375.55$39,338
Jul 2004010,07838.286.08$61,316
Jun 200408,76636.106.43$56,392
May 20043910,17537.486.49$67,544
Apr 200408,20634.475.86$48,075
Mar 2004010,11534.365.53$55,937
Feb 20043912,07532.455.51$67,794
Jan 2004012,53232.036.30$78,947
Dec 2003010,30730.266.30$64,951
Nov 2003013,15928.804.60$60,468
Oct 20033312,11828.174.76$58,607
Sep 2003015,05526.314.75$71,502
Aug 2003011,63829.765.13$59,700
Jul 2003011,34329.415.17$58,653
Jun 2003013,72828.565.98$82,134
May 20033311,40026.595.97$68,966
Apr 2003012,07926.675.41$65,315
Mar 2003013,94731.146.10$85,021
Feb 20033317,89833.487.93$142,962
Jan 200308,20530.315.58$45,801
Dec 2002256,76226.914.85$33,494
Nov 200209,43724.664.14$39,040
Oct 2002347,20526.464.23$31,370
Sep 200207,09027.443.64$25,774
Aug 2002588,41425.963.16$28,129
Jul 200208,71924.583.06$26,695
Jun 20024612,63823.733.34$43,280
May 2002015,79224.663.58$56,599
Apr 20024314,12323.653.51$50,621
Mar 2002014,57922.003.10$45,235
Feb 20024311,27618.222.38$27,572
Jan 20024214,39617.172.38$34,921
Dec 20014818,79016.932.36$45,240
Nov 200109,40718.072.41$22,629
Oct 20015317,55619.782.53$45,445
Sep 20015113,99524.262.25$32,744
Aug 20014515,49124.873.05$48,416
Jul 20015017,94023.933.20$58,552
Jun 2001016,80224.563.82$64,254
May 20019619,63325.524.31$87,016
Apr 20014517,50524.685.34$94,505
Mar 20015725,47124.545.38$138,342
Feb 20015822,10527.755.77$129,091
Jan 20019224,79727.478.40$210,791
Dec 20009029,15526.889.12$268,386
Nov 20004024,89932.215.66$142,167
Oct 200009,21931.235.15$47,436
Sep 2000010,61131.875.19$55,034
Aug 200005,31629.644.54$24,139
Jul 2000015,81528.534.09$64,679
Jun 2000020,52629.304.40$90,258
May 2000023,03827.263.68$84,774
Apr 2000028,16124.513.12$87,750
Mar 2000032,29928.422.86$92,367
Feb 2000014,03327.622.73$38,261
Jan 2000016,08025.272.48$39,886
Dec 1999017,60824.282.42$42,677
Nov 1999017,38323.192.43$42,310
Oct 1999017,71920.982.80$49,679
Sep 1999018,65821.752.62$48,863
Aug 1999018,14619.262.88$52,181
Jul 1999020,75917.892.37$49,248
Jun 1999018,67415.942.36$44,110
May 1999020,42015.792.32$47,395
Apr 1999017,91215.102.21$39,551
Mar 1999018,54112.471.84$34,084
Feb 1999021,5409.981.82$39,155
Jan 1999018,31210.381.90$34,792
Dec 1998018,4779.201.77$32,766
Nov 1998015,99710.892.19$34,965
Oct 1998017,93712.421.97$35,322
Sep 1998026,86212.592.08$55,943
Aug 1998027,48911.301.91$52,431
Jul 1998043,53511.742.24$97,400
Jun 1998035,88511.242.24$80,284
May 1998040,46412.622.21$89,277
Apr 1998038,35113.042.51$96,082
Mar 1998044,70512.802.31$103,244
Feb 1998040,23413.952.30$92,503
Jan 1998029,35614.702.15$63,256
Dec 1997039,05316.322.41$94,161
Nov 1997042,39918.193.09$130,939
Oct 1997040,55719.253.15$127,747
Sep 1997042,81217.742.95$126,504
Aug 1997047,11917.862.55$120,377
Jul 1997038,93117.582.25$87,476
Jun 1997047,47517.242.26$107,161
May 1997052,17718.972.31$120,451
Apr 1997016,11617.882.08$33,566
Mar 199709,78118.951.94$18,967
Feb 1997028,29220.492.21$62,409
Jan 1997034,18623.483.54$121,008
Dec 19960023.32$0
Nov 199608,00121.97$0
Oct 1996037,04023.31$0
Sep 1996056,21322.22$0
Aug 1996068,89620.26$0
Jul 1996076,50219.55$0
Jun 1996036,67818.73$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                3,140 Mcf  × $  3.05 =     $9,564

────────────────────────────────────────────────────
Month total                                   $9,564

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/161676 is the state's own key, not one this site invented.