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 162066District 04Field 779730502 tax incentive programmesCondensateGasSaveExport
Value, all time
$20.5 M
Oct 1996 – May 2026
Value, last 12 filed months
$66 k
at the published price for each month
Months reported
356
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 Gas112000-10-19142607
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
CondensateDisposition17,637 bbl$365,529
GasProduction5,579,316 Mcf$20,142,125
Total$20,507,654

42,587 Mcf of this lease's gas, across 2 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 26.7490, -99.2269. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.74897, -99.22689 · 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
9,321 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 9,321 ft.

Completions filed
Oct 1996
1 of 1 wells

1 well

42-50533399129,321 ftOct 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 (356)

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

356 months

May 202601,076106.413.05$3,277
Apr 202601,06198.932.87$3,045
Mar 202601,09689.753.15$3,452
Feb 2026097663.503.75$3,660
Jan 2026093259.138.00$7,454
Dec 202501,52356.664.41$6,722
Nov 202502,07658.593.93$8,151
Oct 202502,23859.383.30$7,396
Sep 202502,01262.743.08$6,191
Aug 202501,99763.933.01$6,020
Jul 202502,16066.743.32$7,161
Jun 202501,10766.483.13$3,463
May 2025084060.553.23$2,715
Apr 2025078762.363.54$2,788
Mar 2025070367.704.27$3,001
Feb 2025096370.884.34$4,180
Jan 2025043674.324.28$1,866
Dec 202401,26568.993.12$3,949
Nov 2024097369.052.20$2,139
Oct 2024085571.372.28$1,951
Sep 2024086269.612.36$2,038
Aug 2024095775.632.06$1,975
Jul 2024098079.932.15$2,104
Jun 202401,21678.082.63$3,203
May 202401,15478.812.20$2,537
Apr 2024095084.451.66$1,576
Mar 2024093480.301.55$1,443
Feb 2024089376.091.78$1,593
Jan 202401,09673.023.30$3,614
Dec 202301,09071.262.61$2,846
Nov 202301,03977.892.81$2,917
Oct 202301,13185.443.09$3,492
Sep 202301,43189.042.74$3,914
Aug 202301,50880.522.67$4,031
Jul 202301,11574.852.64$2,946
Jun 202301,06068.962.26$2,394
May 202301,23570.622.23$2,751
Apr 202301,04578.122.24$2,338
Mar 2023072472.852.39$1,733
Feb 2023063175.112.47$1,556
Jan 2023073176.533.39$2,476
Dec 202201,04576.415.73$5,987
Nov 2022096685.005.65$5,454
Oct 2022094187.185.86$5,518
Sep 202201,04984.888.16$8,564
Aug 202201,23194.529.13$11,236
Jul 202201,218101.587.54$9,186
Jun 202201,124115.097.98$8,966
May 202201,129109.378.43$9,521
Apr 202201,020104.226.84$6,974
Mar 20220987108.885.08$5,010
Feb 2022085591.054.86$4,154
Jan 2022087681.844.54$3,975
Dec 2021053471.323.90$2,082
Nov 2021098777.435.24$5,169
Oct 202101,02779.795.71$5,868
Sep 2021072669.865.35$3,885
Aug 202101,12166.024.22$4,731
Jul 202101,05770.783.98$4,209
Jun 202101,11969.493.38$3,783
May 202101,30163.483.02$3,926
Apr 202101,25560.362.76$3,462
Mar 202101,15361.302.72$3,133
Feb 2021098857.805.55$5,481
Jan 202101,10350.412.81$3,100
Dec 202001,05044.642.68$2,809
Nov 2020089138.772.71$2,412
Oct 2020094436.972.48$2,340
Sep 2020093437.091.99$1,860
Aug 2020085639.982.39$2,042
Jul 202001,01738.371.83$1,856
Jun 202001,37434.901.69$2,322
May 202001,64216.921.81$2,980
Apr 202001,49914.751.80$2,705
Mar 202001,50830.341.86$2,799
Feb 202001,26849.881.98$2,511
Jan 202001,27657.252.09$2,673
Dec 201901,27559.012.30$2,938
Nov 201901,28755.302.75$3,540
Oct 201901,32353.472.42$3,200
Sep 201901,31455.052.66$3,492
Aug 201901,45653.112.30$3,355
Jul 201901,34956.272.46$3,319
Jun 201901,30952.782.49$3,261
May 201901,33758.482.74$3,664
Apr 201901,21762.632.75$3,348
Mar 201901,30856.803.06$4,005
Feb 201901,18350.852.79$3,303
Jan 201901,34846.033.23$4,352
Dec 201801,48746.594.19$6,224
Nov 201801,63752.934.24$6,936
Oct 201801,73761.443.40$5,902
Sep 201801,69359.543.11$5,262
Aug 201801,68459.403.07$5,164
Jul 201801,50965.142.93$4,424
Jun 201801,61460.183.08$4,966
May 201801,65465.382.90$4,798
Apr 201801,56663.842.90$4,543
Mar 201801,65361.222.79$4,607
Feb 201801,47961.782.77$4,091
Jan 201801,52662.874.01$6,118
Dec 201701,43857.272.92$4,201
Nov 201701,42355.423.12$4,437
Oct 201701,49449.292.98$4,458
Sep 201701,48247.523.09$4,575
Aug 201701,52745.373.00$4,588
Jul 201701,54343.873.09$4,764
Jun 201701,37842.493.09$4,254
May 201701,50945.373.26$4,924
Apr 201701,42747.933.21$4,583
Mar 201701,58746.772.98$4,735
Feb 201701,53050.452.95$4,517
Jan 201701,53349.413.42$5,241
Dec 201601,25848.763.72$4,683
Nov 201601,18442.492.64$3,131
Oct 201601,28446.193.09$3,968
Sep 201601,26341.553.10$3,916
Aug 201601,29141.442.92$3,775
Jul 201601,40541.622.92$4,109
Jun 201601,31345.352.69$3,526
May 201601,32942.521.99$2,646
Apr 201601,29436.561.99$2,576
Mar 201601,29633.011.79$2,325
Feb 201601,38226.472.06$2,852
Jan 201601,55827.352.36$3,684
Dec 201501,26332.362.00$2,528
Nov 201501,28638.792.17$2,787
Oct 201501,31143.552.43$3,181
Sep 201501,28542.992.76$3,545
Aug 201511,36040.162.87$3,947
Jul 201501,37248.152.95$4,041
Jun 2015261,33756.152.88$5,314
May 201511,36055.212.96$4,075
Apr 201521,61249.822.71$4,463
Mar 201501,75642.892.93$5,153
Feb 201511,69844.662.98$5,098
Jan 201521,90143.433.10$5,981
Dec 201412,14354.693.59$7,751
Nov 201402,18070.464.25$9,269
Oct 201411,76478.303.90$6,960
Sep 201481,37486.164.05$6,248
Aug 201421,63589.394.04$6,776
Jul 201431,60196.564.18$6,981
Jun 201411,54998.164.74$7,436
May 2014781,75494.734.73$15,679
Apr 201431,70695.944.81$8,492
Mar 201401,89895.895.06$9,598
Feb 201401,80997.406.19$11,201
Jan 201411,85790.404.86$9,117
Dec 201301,82091.824.35$7,925
Nov 2013081088.853.74$3,028
Oct 201301,81797.423.78$6,867
Sep 201301,733104.113.72$6,443
Aug 201301,564104.253.52$5,509
Jul 201301,611102.523.72$5,989
Jun 201301,56794.403.93$6,164
May 201301,79894.834.15$7,460
Apr 201321,80993.964.28$7,935
Mar 201302,22493.623.91$8,702
Feb 201302,04791.233.42$7,001
Jan 201302,29391.603.42$7,842
Dec 201202,44886.773.42$8,373
Nov 201202,42386.953.62$8,783
Oct 201202,54389.383.40$8,645
Sep 201202,41794.672.92$7,054
Aug 201202,58492.662.91$7,515
Jul 201202,57785.133.02$7,785
Jun 201202,45679.822.52$6,187
May 201202,51791.612.49$6,263
Apr 201202,447101.652.00$4,886
Mar 201202,436105.052.22$5,413
Feb 201202,484101.102.57$6,384
Jan 201202,42298.092.73$6,622
Dec 201102,19196.873.24$7,098
Nov 201102,36495.723.31$7,828
Oct 201102,48084.983.65$9,048
Sep 201102,49083.623.99$9,925
Aug 201102,41483.404.15$10,016
Jul 201102,41694.144.52$10,914
Jun 201102,50292.904.64$11,609
May 201102,38498.134.40$10,501
Apr 201103,156105.964.33$13,676
Mar 201103,37396.364.06$13,685
Feb 201102,83885.644.18$11,863
Jan 201103,33686.504.59$15,308
Dec 201003,28285.734.35$14,269
Nov 201003,10280.843.80$11,773
Oct 201003,23178.103.51$11,337
Sep 201003,12572.633.98$12,436
Aug 201003,31473.684.42$14,646
Jul 201003,09872.554.74$14,674
Jun 201003,28970.364.91$16,150
May 201003,39471.124.24$14,374
Apr 201003,19281.694.12$13,160
Mar 201003,39578.394.39$14,900
Feb 201002,96273.585.44$16,120
Jan 201003,45074.365.96$20,576
Dec 200903,21871.445.48$17,647
Nov 200963,23774.593.75$12,591
Oct 200903,36172.544.11$13,815
Sep 200933,25065.543.06$10,157
Aug 200933,18867.423.22$10,463
Jul 200933,30861.133.46$11,644
Jun 200923,11866.163.90$12,277
May 200943,14054.743.93$12,546
Apr 200923,17446.773.59$11,480
Mar 200955,43342.144.06$22,263
Feb 200923,44232.814.63$16,012
Jan 200913,62335.865.37$19,495
Dec 200833,59637.105.98$21,605
Nov 200803,33355.496.86$22,866
Oct 200823,47675.246.92$24,211
Sep 200833,133101.767.88$24,984
Aug 200803,575114.228.48$30,327
Jul 200833,676131.0811.39$42,261
Jun 200813,292131.3313.03$43,035
May 200833,512123.1711.57$41,018
Apr 200833,289110.3110.45$34,717
Mar 2008117,631101.909.66$74,867
Feb 200855,32292.538.77$47,140
Jan 200863,59590.388.21$30,042
Dec 2007106,13088.337.30$45,644
Nov 2007610,30891.677.29$75,713
Oct 20071410,62282.856.92$74,685
Sep 2007310,45475.846.24$65,504
Aug 20071611,22069.066.39$72,778
Jul 2007811,04570.906.39$71,122
Jun 20072111,15662.007.55$85,513
May 2007012,20058.747.85$95,725
Apr 20071012,66059.617.81$99,410
Mar 20071013,16756.927.30$96,714
Feb 200737,80955.108.22$64,324
Jan 200724,53150.306.73$30,580
Dec 200624,43256.656.92$30,776
Nov 200624,33554.207.62$33,130
Oct 2006104,78954.906.01$29,349
Sep 200634,79860.085.04$24,349
Aug 200625,33968.717.34$39,325
Jul 200604,87569.376.34$30,921
Jun 200646,80566.286.38$43,707
May 200608,31466.016.42$53,417
Apr 200659,35064.397.36$69,142
Mar 200616510,22856.707.08$81,800
Feb 200649,13057.597.75$70,998
Jan 20061610,75860.598.93$97,074
Dec 20052611,65354.9413.42$157,758
Nov 2005611,29554.6910.59$119,924
Oct 20051012,14458.3413.80$168,119
Sep 20051211,52061.4512.08$139,887
Aug 2005812,20861.519.80$120,092
Jul 2005213,46755.697.84$105,742
Jun 2005711,38152.337.38$84,370
May 20051213,24745.226.65$88,651
Apr 20051212,08449.207.36$89,534
Mar 200599,82750.377.15$70,764
Feb 200587,66445.226.31$48,736
Jan 200599,14543.166.32$58,205
Dec 2004110,39639.866.75$70,224
Nov 2004112,12645.286.33$76,808
Oct 2004513,23649.706.52$86,482
Sep 2004011,57043.245.28$61,135
Aug 200419,55542.375.55$53,079
Jul 2004218,21938.286.08$110,924
Jun 2004119,53436.106.43$125,699
May 2004017,93537.486.49$116,480
Apr 2004217,52634.475.86$102,744
Mar 2004017,46834.365.53$96,600
Feb 200409,50132.455.51$52,347
Jan 2004010,89232.036.30$68,616
Dec 2003012,80430.266.30$80,686
Nov 2003213,54228.804.60$62,285
Oct 2003314,09028.174.76$67,148
Sep 2003419,18226.314.75$91,207
Aug 2003119,78029.765.13$101,496
Jul 2003220,72929.415.17$107,245
Jun 2003223,02328.565.98$137,803
May 200310925,34026.595.97$154,246
Apr 2003325,84626.675.41$139,837
Mar 2003829,25631.146.10$178,595
Feb 200311625,74333.487.93$207,920
Jan 2003930,99330.315.58$173,277
Dec 200211932,12626.914.85$159,134
Nov 2002632,99824.664.14$136,659
Oct 20029830,62526.464.23$132,110
Sep 2002523,11527.443.64$84,165
Aug 200211430,01525.963.16$97,932
Jul 2002034,40624.583.06$105,343
Jun 200210725,66123.733.34$88,202
May 2002126,18724.663.58$93,879
Apr 200211926,24523.653.51$94,995
Mar 2002031,49022.003.10$97,705
Feb 200211430,52818.222.38$74,602
Jan 200210937,32917.172.38$90,553
Dec 200111737,88216.932.36$91,549
Nov 2001038,67518.072.41$93,033
Oct 200112641,29219.782.53$106,915
Sep 200112244,25324.262.25$102,587
Aug 200110847,37724.873.05$147,336
Jul 200111951,14223.933.20$166,353
Jun 2001053,08924.563.82$203,021
May 200123160,35925.524.31$265,881
Apr 200110148,15224.685.34$259,399
Mar 200113157,99024.545.38$314,995
Feb 200113862,04827.755.77$361,665
Jan 200123569,62727.478.40$591,236
Dec 200025171,76926.889.12$661,460
Nov 200013773,83632.215.66$422,177
Oct 200017270,93831.235.15$370,383
Sep 200032168,14531.875.19$363,664
Aug 200035033,14329.644.54$160,868
Jul 2000015,69428.534.09$64,185
Jun 200015714,97429.304.40$70,445
May 200017621,38227.263.68$83,478
Apr 200018132,03324.513.12$104,251
Mar 200035942,38728.422.86$131,419
Feb 200018351,97727.622.73$146,770
Jan 200018460,91925.272.48$155,759
Dec 199917255,68224.282.42$139,134
Nov 199917356,89323.192.43$142,489
Oct 1999062,57420.982.80$175,439
Sep 199918061,14521.752.62$164,045
Aug 199917565,87819.262.88$192,809
Jul 199918070,62817.892.37$170,776
Jun 199918268,33215.942.36$164,308
May 199917172,45515.792.32$170,870
Apr 199917269,89215.102.21$156,922
Mar 199936672,28812.471.84$137,453
Feb 199917266,8299.981.82$123,198
Jan 199918275,49510.381.90$145,326
Dec 199835180,8379.201.77$146,579
Nov 199817578,59110.892.19$173,684
Oct 199836481,19812.421.97$164,417
Sep 199818083,56412.592.08$176,298
Aug 199834498,38611.301.91$191,544
Jul 1998516102,52211.742.24$235,427
Jun 199815780,84911.242.24$182,646
May 199836094,33012.622.21$212,667
Apr 199833083,71413.042.51$214,034
Mar 199836290,10412.802.31$212,723
Feb 199836787,35713.952.30$205,965
Jan 1998521101,95114.702.15$227,342
Dec 199751089,37816.322.41$223,823
Nov 199733188,04418.193.09$277,924
Oct 199751989,50419.253.15$291,912
Sep 199753496,80817.742.95$295,529
Aug 1997733112,95017.862.55$301,649
Jul 1997718116,63417.582.25$274,692
Jun 1997909119,35817.242.26$285,086
May 19971,088135,24218.972.31$332,846
Apr 199753971,95117.882.08$159,495
Mar 199709,49118.951.94$18,404
Feb 1997018,61820.492.21$41,069
Jan 1997025,11323.483.54$88,892
Dec 1996033,76123.32$0
Nov 199608,82621.97$0
Oct 19960023.31$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                1,076 Mcf  × $  3.05 =     $3,277

────────────────────────────────────────────────────
Month total                                   $3,277

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/162066 is the state's own key, not one this site invented.