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 164382District 04Field 779730502 tax incentive programmesCondensateGasSaveExport
Value, all time
$24.8 M
Jan 1997 – May 2026
Value, last 12 filed months
$210 k
at the published price for each month
Months reported
353
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 Gas112000-12-05142605
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
CondensateDisposition17,633 bbl$362,170
GasProduction6,708,637 Mcf$24,438,064
Total$24,800,233

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 26.7446, -99.2301. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.74462, -99.23010 · 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
10,514 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 10,514 ft.

Completions filed
Jan 1997
1 of 1 wells

1 well

42-505335121410,514 ftJan 1997

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 (353)

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

353 months

May 202605,047106.413.05$15,372
Apr 202604,79998.932.87$13,772
Mar 202605,10589.753.15$16,078
Feb 202604,70363.503.75$17,638
Jan 202605,19959.138.00$41,581
Dec 202504,93956.664.41$21,798
Nov 202504,26958.593.93$16,762
Oct 202504,77859.383.30$15,791
Sep 202504,21562.743.08$12,969
Aug 202504,34163.933.01$13,087
Jul 202504,33366.743.32$14,365
Jun 202503,60266.483.13$11,270
May 202504,31660.553.23$13,951
Apr 202503,56962.363.54$12,645
Mar 202503,68867.704.27$15,742
Feb 202504,49070.884.34$19,490
Jan 202501,32174.324.28$5,652
Dec 202404,45668.993.12$13,909
Nov 202405,02869.052.20$11,054
Oct 202404,62571.372.28$10,551
Sep 202404,11269.612.36$9,722
Aug 202405,36575.632.06$11,071
Jul 202405,70979.932.15$12,255
Jun 202406,57478.082.63$17,316
May 202406,23678.812.20$13,709
Apr 202405,86084.451.66$9,723
Mar 202406,06080.301.55$9,363
Feb 202406,16676.091.78$10,998
Jan 202406,45773.023.30$21,293
Dec 202306,57171.262.61$17,155
Nov 202306,01777.892.81$16,893
Oct 202306,41385.443.09$19,799
Sep 202306,38389.042.74$17,458
Aug 202306,72480.522.67$17,972
Jul 202307,08574.852.64$18,717
Jun 202306,18068.962.26$13,957
May 202307,04570.622.23$15,692
Apr 202306,93278.122.24$15,512
Mar 202304,91672.852.39$11,765
Feb 202304,31075.112.47$10,627
Jan 202305,16276.533.39$17,487
Dec 202208,42376.415.73$48,256
Nov 202207,79385.005.65$44,001
Oct 202208,27487.185.86$48,517
Sep 202208,39584.888.16$68,534
Aug 202208,58394.529.13$78,338
Jul 202208,648101.587.54$65,224
Jun 202208,704115.097.98$69,434
May 202209,394109.378.43$79,220
Apr 202208,951104.226.84$61,203
Mar 202209,260108.885.08$47,007
Feb 202208,69591.054.86$42,248
Jan 202208,80181.844.54$39,936
Dec 202105,40571.323.90$21,075
Nov 2021010,19477.435.24$53,384
Oct 2021010,82679.795.71$61,858
Sep 202105,40869.865.35$28,938
Aug 202109,43666.024.22$39,825
Jul 2021010,33670.783.98$41,159
Jun 202109,81869.493.38$33,191
May 2021010,48863.483.02$31,649
Apr 2021010,36060.362.76$28,577
Mar 2021010,55661.302.72$28,680
Feb 202109,70257.805.55$53,826
Jan 2021010,99650.412.81$30,902
Dec 202009,99944.642.68$26,752
Nov 202009,03538.772.71$24,454
Oct 202009,46336.972.48$23,453
Sep 202009,24237.091.99$18,401
Aug 202009,83739.982.39$23,462
Jul 202009,41038.371.83$17,174
Jun 202009,62434.901.69$16,268
May 202009,23716.921.81$16,763
Apr 202008,37714.751.80$15,115
Mar 202008,12530.341.86$15,082
Feb 202007,34449.881.98$14,546
Jan 202007,25457.252.09$15,195
Dec 201905,85159.012.30$13,483
Nov 201905,84455.302.75$16,075
Oct 201905,84053.472.42$14,124
Sep 201905,52155.052.66$14,671
Aug 201905,37753.112.30$12,391
Jul 201904,79056.272.46$11,784
Jun 201903,64452.782.49$9,078
May 201903,39358.482.74$9,298
Apr 201902,24662.632.75$6,178
Mar 201901,81456.803.06$5,555
Feb 201901,70650.852.79$4,764
Jan 201901,85646.033.23$5,992
Dec 201801,81946.594.19$7,613
Nov 201801,91452.934.24$8,110
Oct 2018095661.443.40$3,249
Sep 201801,08859.543.11$3,382
Aug 201801,19159.403.07$3,652
Jul 201801,09965.142.93$3,222
Jun 201801,06060.183.08$3,262
May 201801,25465.382.90$3,638
Apr 2018099063.842.90$2,872
Mar 201801,10661.222.79$3,082
Feb 2018096461.782.77$2,667
Jan 201801,07162.874.01$4,294
Dec 201701,16757.272.92$3,409
Nov 201701,19055.423.12$3,711
Oct 201701,44149.292.98$4,299
Sep 201701,53047.523.09$4,724
Aug 201701,61645.373.00$4,855
Jul 201701,61543.873.09$4,986
Jun 201701,41642.493.09$4,372
May 201701,48645.373.26$4,849
Apr 201701,42047.933.21$4,560
Mar 201701,49846.772.98$4,470
Feb 201701,25050.452.95$3,691
Jan 201701,48249.413.42$5,067
Dec 201601,56248.763.72$5,815
Nov 201601,55142.492.64$4,101
Oct 201601,66046.193.09$5,130
Sep 201601,61841.553.10$5,017
Aug 201601,82541.442.92$5,337
Jul 201602,06041.622.92$6,024
Jun 201601,99245.352.69$5,350
May 201601,96642.521.99$3,914
Apr 201601,83436.561.99$3,652
Mar 201601,85933.011.79$3,335
Feb 2016731,93826.472.06$5,932
Jan 20161142,03327.352.36$7,925
Dec 2015941,94332.362.00$6,931
Nov 20152051,84738.792.17$11,955
Oct 2015832,08443.552.43$8,672
Sep 20151002,17342.992.76$10,293
Aug 20151102,29240.162.87$11,001
Jul 201502,30948.152.95$6,800
Jun 201501,99556.152.88$5,751
May 201501,83955.212.96$5,435
Apr 201501,88749.822.71$5,107
Mar 201502,17642.892.93$6,386
Feb 201502,09644.662.98$6,238
Jan 201502,41743.433.10$7,494
Dec 201402,22854.693.59$8,002
Nov 201402,00070.464.25$8,504
Oct 201402,17778.303.90$8,492
Sep 201402,23386.164.05$9,033
Aug 20140089.394.04$0
Jul 201402,86296.564.18$11,962
Jun 201402,74398.164.74$12,993
May 201402,82394.734.73$13,343
Apr 201402,75595.944.81$13,249
Mar 201402,90895.895.06$14,705
Feb 201402,69297.406.19$16,669
Jan 201403,10090.404.86$15,068
Dec 201303,11291.824.35$13,551
Nov 201301,79988.853.74$6,725
Oct 201303,07697.423.78$11,625
Sep 201302,949104.113.72$10,964
Aug 201303,064104.253.52$10,793
Jul 201302,862102.523.72$10,640
Jun 201302,79894.403.93$11,006
May 201302,94494.834.15$12,215
Apr 201302,90893.964.28$12,454
Mar 201302,87393.623.91$11,242
Feb 201302,60791.233.42$8,916
Jan 201303,08091.603.42$10,533
Dec 201203,07186.773.42$10,503
Nov 201203,01786.953.62$10,937
Oct 201203,16289.383.40$10,750
Sep 201203,10494.672.92$9,059
Aug 201203,18792.662.91$9,268
Jul 201203,15585.133.02$9,531
Jun 201203,00979.822.52$7,580
May 201203,18991.612.49$7,935
Apr 201203,112101.652.00$6,214
Mar 201203,259105.052.22$7,242
Feb 201203,121101.102.57$8,022
Jan 201203,34598.092.73$9,146
Dec 201103,38196.873.24$10,954
Nov 201103,27995.723.31$10,858
Oct 201103,40084.983.65$12,405
Sep 201103,36683.623.99$13,416
Aug 201103,29883.404.15$13,684
Jul 201103,53994.144.52$15,987
Jun 201103,34692.904.64$15,525
May 201103,57898.134.40$15,760
Apr 201103,552105.964.33$15,392
Mar 201103,60396.364.06$14,619
Feb 201103,09885.644.18$12,950
Jan 201103,66886.504.59$16,832
Dec 201003,71785.734.35$16,161
Nov 201003,80380.843.80$14,434
Oct 201003,99278.103.51$14,007
Sep 201003,67072.633.98$14,605
Aug 201003,91473.684.42$17,297
Jul 201003,75872.554.74$17,800
Jun 201003,92470.364.91$19,268
May 201003,94271.124.24$16,695
Apr 201003,91081.694.12$16,120
Mar 201004,10278.394.39$18,002
Feb 201003,64473.585.44$19,832
Jan 201003,92674.365.96$23,415
Dec 200903,87471.445.48$21,244
Nov 200963,56974.593.75$13,837
Oct 200903,62672.544.11$14,904
Sep 200933,08765.543.06$9,658
Aug 200933,42667.423.22$11,229
Jul 200933,45461.133.46$12,150
Jun 200933,39666.163.90$13,426
May 200963,59654.743.93$14,445
Apr 200933,76246.773.59$13,636
Mar 200966,39142.144.06$26,194
Feb 200934,02232.814.63$18,732
Jan 200914,22735.865.37$22,739
Dec 200834,19137.105.98$25,161
Nov 200804,13555.496.86$28,368
Oct 200834,14375.246.92$28,903
Sep 200844,142101.767.88$33,034
Aug 200804,364114.228.48$37,020
Jul 200834,607131.0811.39$52,864
Jun 200814,511131.3313.03$58,922
May 200834,602123.1711.57$53,634
Apr 200823,734110.3110.45$39,259
Mar 200864,146101.909.66$40,679
Feb 200834,25592.538.77$37,596
Jan 200864,98790.388.21$41,464
Dec 200775,00288.337.30$37,143
Nov 200735,27091.677.29$38,702
Oct 200765,32482.856.92$37,350
Sep 200705,08675.846.24$31,758
Aug 200755,57969.066.39$35,984
Jul 200725,49970.906.39$35,269
Jun 2007105,13562.007.55$39,381
May 200705,88658.747.85$46,183
Apr 200765,77859.617.81$45,456
Mar 200766,22256.927.30$45,774
Feb 200735,82055.108.22$47,982
Jan 200736,85250.306.73$46,243
Dec 200647,68856.656.92$53,416
Nov 200647,67654.207.62$58,689
Oct 2006147,09454.906.01$43,431
Sep 200611,32260.085.04$6,719
Aug 200634,23468.717.34$31,283
Jul 200606,43569.376.34$40,816
Jun 200659,40366.286.38$60,359
May 2006014,44866.016.42$92,828
Apr 2006514,16164.397.36$104,554
Mar 2006612,56356.707.08$89,323
Feb 2006510,31657.597.75$80,249
Jan 20061914,28560.598.93$128,764
Dec 20054215,46154.9413.42$209,723
Nov 2005815,01154.6910.59$159,380
Oct 20051616,38858.3413.80$227,018
Sep 20051716,52361.4512.08$200,626
Aug 2005916,92561.519.80$166,365
Jul 2005217,56655.697.84$137,893
Jun 2005916,86052.337.38$124,915
May 20051517,39745.226.65$116,389
Apr 20052018,56049.207.36$137,595
Mar 20051919,70550.377.15$141,944
Feb 20051817,98845.226.31$114,353
Jan 20051515,57243.166.32$99,097
Dec 200411117,23039.866.75$120,746
Nov 2004422,72045.286.33$144,008
Oct 2004821,23549.706.52$138,746
Sep 2004021,78443.245.28$115,104
Aug 2004014,07642.375.55$78,131
Jul 2004123,88738.286.08$145,371
Jun 2004014,78436.106.43$95,106
May 200412920,61037.486.49$138,688
Apr 2004227,28534.475.86$159,917
Mar 2004030,36734.365.53$167,934
Feb 200412425,82832.455.51$146,326
Jan 2004029,43432.036.30$185,424
Dec 2003031,23430.266.30$196,825
Nov 2003030,17528.804.60$138,659
Oct 200313329,45228.174.76$143,928
Sep 2003929,99826.314.75$142,708
Aug 2003236,80129.765.13$188,838
Jul 2003546,23929.415.17$239,242
Jun 2003248,42728.565.98$289,794
May 200313352,57926.595.97$317,574
Apr 2003546,43326.675.41$251,210
Mar 200318436,10231.146.10$225,809
Feb 2003019,13733.487.93$151,678
Jan 2003018,70730.315.58$104,423
Dec 200217520,37426.914.85$103,600
Nov 2002023,18024.664.14$95,895
Oct 2002025,55426.464.23$108,071
Sep 200217326,46527.443.64$100,953
Aug 2002126,36025.963.16$83,433
Jul 200217228,68924.583.06$92,067
Jun 2002129,30023.733.34$97,834
May 2002029,86624.663.58$107,040
Apr 200216529,68023.653.51$108,148
Mar 2002033,73922.003.10$104,683
Feb 200216033,05818.222.38$81,450
Jan 200216941,87117.172.38$102,374
Dec 2001042,21716.932.36$99,818
Nov 200115241,78018.072.41$103,249
Oct 200116045,04719.782.53$117,083
Sep 2001446,68524.262.25$105,200
Aug 200115748,44624.873.05$151,818
Jul 200117851,93323.933.20$170,294
Jun 2001254,28824.563.82$207,655
May 200116258,03225.524.31$254,097
Apr 200114958,71424.685.34$316,935
Mar 200117964,94724.545.38$353,576
Feb 200117563,31827.755.77$370,016
Jan 2001071,05327.478.40$596,757
Dec 200016553,88926.889.12$496,038
Nov 2000013,59632.215.66$76,926
Oct 2000031,32531.235.15$161,183
Sep 200014454,05631.875.19$284,951
Aug 2000039,88329.644.54$181,099
Jul 2000022,67228.534.09$92,723
Jun 200017161,87629.304.40$277,095
May 200017355,89927.263.68$210,410
Apr 200017555,00324.513.12$175,679
Mar 200018060,85428.422.86$179,143
Feb 200017552,50827.622.73$147,997
Jan 200017362,74125.272.48$160,001
Dec 199917548,00424.282.42$120,597
Nov 1999061,65423.192.43$150,065
Oct 199918168,56120.982.80$196,023
Sep 199917467,03521.752.62$179,339
Aug 199917772,52719.262.88$211,968
Jul 199935879,05517.892.37$193,952
Jun 199917476,01115.942.36$182,319
May 199918180,33915.792.32$189,326
Apr 199918182,85415.102.21$185,679
Mar 199934686,99212.471.84$164,235
Feb 199917380,7029.981.82$148,426
Jan 199936493,07410.381.90$180,614
Dec 199818095,4679.201.77$170,950
Nov 199836098,23810.892.19$218,641
Oct 1998181100,73912.421.97$200,624
Sep 1998352102,38812.592.08$217,667
Aug 1998335106,43711.301.91$206,798
Jul 1998341101,23111.742.24$230,484
Jun 199815979,71411.242.24$180,129
May 199835088,29012.622.21$199,215
Apr 199835189,03613.042.51$227,642
Mar 199818397,05012.802.31$226,474
Feb 199835185,79813.952.30$202,157
Jan 199834496,54914.702.15$213,100
Dec 199749794,26916.322.41$235,403
Nov 199738596,89518.193.09$306,240
Oct 1997358101,70919.253.15$327,257
Sep 1997533102,48917.742.95$312,298
Aug 1997544109,33917.862.55$289,049
Jul 1997543108,78717.582.25$253,984
Jun 1997544105,47617.242.26$247,459
May 1997725110,34818.972.31$268,492
Apr 1997733107,45217.882.08$236,905
Mar 199773197,68718.951.94$203,281
Feb 199737052,05020.492.21$122,398
Jan 19970023.483.54$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                5,047 Mcf  × $  3.05 =    $15,372

────────────────────────────────────────────────────
Month total                                  $15,372

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/164382 is the state's own key, not one this site invented.