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 164488District 04Field 779730502 tax incentive programmesCondensateGasSaveExport
Value, all time
$8.6 M
Feb 1997 – May 2026
Value, last 12 filed months
$40 k
at the published price for each month
Months reported
352
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 Gas112000-10-19142606
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
CondensateDisposition11,320 bbl$247,275
GasProduction2,249,538 Mcf$8,358,774
Total$8,606,049

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 26.7386, -99.2208. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.73861, -99.22081 · 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
9,900 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 9,900 ft.

Completions filed
Feb 1997
1 of 1 wells

1 well

42-50533482139,900 ftFeb 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 (352)

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

352 months

May 20262831106.413.05$2,744
Apr 2026092098.932.87$2,640
Mar 2026093089.753.15$2,929
Feb 2026081963.503.75$3,072
Jan 2026086359.138.00$6,902
Dec 2025093256.664.41$4,113
Nov 2025086458.593.93$3,392
Oct 2025085259.383.30$2,816
Sep 2025081762.743.08$2,514
Aug 2025089263.933.01$2,689
Jul 2025095166.743.32$3,153
Jun 2025086966.483.13$2,719
May 2025089660.553.23$2,896
Apr 2025068762.363.54$2,434
Mar 2025067367.704.27$2,873
Feb 2025077270.884.34$3,351
Jan 2025024974.324.28$1,065
Dec 2024075468.993.12$2,354
Nov 2024072369.052.20$1,589
Oct 2024072971.372.28$1,663
Sep 2024088569.612.36$2,092
Aug 2024084975.632.06$1,752
Jul 202401,01479.932.15$2,177
Jun 202401,05278.082.63$2,771
May 2024098478.812.20$2,163
Apr 2024084184.451.66$1,395
Mar 2024087380.301.55$1,349
Feb 202401,08476.091.78$1,933
Jan 202401,40873.023.30$4,643
Dec 202301,55171.262.61$4,049
Nov 202301,49977.892.81$4,209
Oct 202301,33885.443.09$4,131
Sep 202301,20489.042.74$3,293
Aug 202301,08780.522.67$2,905
Jul 202301,42474.852.64$3,762
Jun 202301,06268.962.26$2,399
May 202301,37970.622.23$3,072
Apr 202301,23678.122.24$2,766
Mar 2023083472.852.39$1,996
Feb 2023082675.112.47$2,037
Jan 2023073076.533.39$2,473
Dec 202201,29476.415.73$7,413
Nov 202201,34185.005.65$7,572
Oct 202201,40087.185.86$8,209
Sep 202201,33984.888.16$10,931
Aug 202201,30594.529.13$11,911
Jul 202201,524101.587.54$11,494
Jun 202201,346115.097.98$10,737
May 202201,337109.378.43$11,275
Apr 202201,273104.226.84$8,704
Mar 202201,371108.885.08$6,960
Feb 202201,16291.054.86$5,646
Jan 202201,11781.844.54$5,069
Dec 2021067871.323.90$2,644
Nov 202101,46077.435.24$7,646
Oct 202101,71279.795.71$9,782
Sep 2021086269.865.35$4,612
Aug 202101,56966.024.22$6,622
Jul 202101,43570.783.98$5,714
Jun 202101,68369.493.38$5,690
May 202101,50763.483.02$4,548
Apr 202101,53160.362.76$4,223
Mar 202101,55461.302.72$4,222
Feb 202101,45357.805.55$8,061
Jan 202101,56450.412.81$4,395
Dec 202001,60844.642.68$4,302
Nov 202001,45938.772.71$3,949
Oct 202001,58136.972.48$3,918
Sep 202001,45837.091.99$2,903
Aug 202001,38139.982.39$3,294
Jul 202001,57538.371.83$2,875
Jun 202001,28634.901.69$2,174
May 202001,66516.921.81$3,022
Apr 202001,52814.751.80$2,757
Mar 202001,60930.341.86$2,987
Feb 202001,50149.881.98$2,973
Jan 202001,66057.252.09$3,477
Dec 201901,77659.012.30$4,093
Nov 201901,49255.302.75$4,104
Oct 201901,70953.472.42$4,133
Sep 201901,66655.052.66$4,427
Aug 201901,58453.112.30$3,650
Jul 201901,58956.272.46$3,909
Jun 201981,36852.782.49$3,830
May 201901,45358.482.74$3,982
Apr 2019361,49862.632.75$6,375
Mar 201901,57956.803.06$4,835
Feb 201901,30650.852.79$3,647
Jan 201901,42646.033.23$4,603
Dec 2018891,60846.594.19$10,877
Nov 201801,63152.934.24$6,911
Oct 201801,66761.443.40$5,665
Sep 201801,65159.543.11$5,131
Aug 201801,82459.403.07$5,593
Jul 201801,29065.142.93$3,782
Jun 201801,67760.183.08$5,160
May 201801,78165.382.90$5,166
Apr 201801,71463.842.90$4,972
Mar 201801,74961.222.79$4,874
Feb 201801,58761.782.77$4,390
Jan 201801,78362.874.01$7,149
Dec 201701,90357.272.92$5,560
Nov 201701,89355.423.12$5,903
Oct 201702,01149.292.98$6,000
Sep 201701,81547.523.09$5,603
Aug 201701,89945.373.00$5,705
Jul 201702,00043.873.09$6,175
Jun 201702,08342.493.09$6,431
May 201702,28945.373.26$7,470
Apr 201702,26047.933.21$7,258
Mar 201702,45146.772.98$7,313
Feb 201702,27050.452.95$6,702
Jan 201702,98949.413.42$10,219
Dec 201603,28348.763.72$12,222
Nov 201603,11942.492.64$8,248
Oct 201603,14246.193.09$9,710
Sep 201601,44641.553.10$4,484
Aug 201601,32341.442.92$3,869
Jul 201601,35941.622.92$3,974
Jun 201601,31645.352.69$3,535
May 201601,39042.521.99$2,768
Apr 201601,27736.561.99$2,543
Mar 201601,18833.011.79$2,131
Feb 201601,13826.472.06$2,348
Jan 201601,22427.352.36$2,894
Dec 201501,21232.362.00$2,426
Nov 201501,14338.792.17$2,477
Oct 201551,19043.552.43$3,105
Sep 201561,17742.992.76$3,505
Aug 201501,26240.162.87$3,625
Jul 201501,36448.152.95$4,017
Jun 201502,02656.152.88$5,841
May 201502,32355.212.96$6,866
Apr 201502,18249.822.71$5,906
Mar 201502,47042.892.93$7,249
Feb 201502,42844.662.98$7,226
Jan 201502,70843.433.10$8,397
Dec 201402,83554.693.59$10,182
Nov 201403,05670.464.25$12,994
Oct 2014713,71178.303.90$20,036
Sep 201403,08886.164.05$12,492
Aug 201403,92289.394.04$15,826
Jul 201401,43196.564.18$5,981
Jun 201401,45598.164.74$6,892
May 201401,47194.734.73$6,953
Apr 201401,39195.944.81$6,689
Mar 201401,35595.895.06$6,852
Feb 201401,40597.406.19$8,700
Jan 201401,64290.404.86$7,981
Dec 201302,47891.824.35$10,790
Nov 201302,16088.853.74$8,075
Oct 201304,17597.423.78$15,779
Sep 201301,712104.113.72$6,365
Aug 201301,545104.253.52$5,442
Jul 201301,543102.523.72$5,736
Jun 201301,52894.403.93$6,010
May 201301,56994.834.15$6,510
Apr 201301,52993.964.28$6,548
Mar 201301,57593.623.91$6,163
Feb 201301,38191.233.42$4,723
Jan 201301,54991.603.42$5,297
Dec 201201,64586.773.42$5,626
Nov 201201,53586.953.62$5,564
Oct 201201,55889.383.40$5,297
Sep 201201,44194.672.92$4,205
Aug 201201,53092.662.91$4,449
Jul 201201,68385.133.02$5,084
Jun 201201,86879.822.52$4,706
May 201202,59491.612.49$6,455
Apr 201213,905101.652.00$7,899
Mar 201204,048105.052.22$8,995
Feb 201203,086101.102.57$7,932
Jan 201201,99998.092.73$5,465
Dec 201101,79296.873.24$5,806
Nov 201101,90795.723.31$6,315
Oct 201101,92084.983.65$7,005
Sep 201101,78183.623.99$7,099
Aug 201101,70083.404.15$7,054
Jul 201101,85094.144.52$8,357
Jun 201101,80092.904.64$8,352
May 201102,03898.134.40$8,977
Apr 201102,190105.964.33$9,490
Mar 201104,10096.364.06$16,635
Feb 201103,73585.644.18$15,612
Jan 201102,01386.504.59$9,237
Dec 201001,99585.734.35$8,674
Nov 201001,91080.843.80$7,249
Oct 201001,97278.103.51$6,920
Sep 201002,12372.633.98$8,448
Aug 201002,57573.684.42$11,380
Jul 201002,70872.554.74$12,826
Jun 201002,11470.364.91$10,381
May 2010473,82471.124.24$19,538
Apr 201002,85981.694.12$11,787
Mar 201002,30278.394.39$10,103
Feb 201012,35073.585.44$12,863
Jan 201003,55474.365.96$21,196
Dec 200903,28271.445.48$17,998
Nov 200983,43874.593.75$13,494
Oct 200903,81572.544.11$15,681
Sep 200944,31565.543.06$13,487
Aug 200944,74967.423.22$15,554
Jul 200944,88561.133.46$17,169
Jun 200922,26266.163.90$8,943
May 200942,11054.743.93$8,502
Apr 200922,21646.773.59$8,043
Mar 200943,94142.144.06$16,165
Feb 200922,36032.814.63$11,000
Jan 200912,51235.865.37$13,528
Dec 200822,60437.105.98$15,639
Nov 200802,70455.496.86$18,550
Oct 200833,91075.246.92$27,291
Sep 200834,497101.767.88$35,729
Aug 200804,655114.228.48$39,488
Jul 200844,701131.0811.39$54,066
Jun 200824,615131.3313.03$60,408
May 200834,924123.1711.57$57,361
Apr 200834,079110.3110.45$42,976
Mar 200864,374101.909.66$42,882
Feb 200834,38792.538.77$38,754
Jan 200865,31290.388.21$44,131
Dec 200775,24388.337.30$38,903
Nov 200735,60991.677.29$41,174
Oct 200765,67582.856.92$39,779
Sep 200705,13675.846.24$32,070
Aug 200766,36569.066.39$41,074
Jul 200736,95670.906.39$44,647
Jun 2007136,73162.007.55$51,615
May 200707,81658.747.85$61,327
Apr 200778,23859.617.81$64,717
Mar 200779,51056.927.30$69,840
Feb 200738,36755.108.22$68,909
Jan 200712,74550.306.73$18,516
Dec 200612,53956.656.92$17,623
Nov 200612,47354.207.62$18,892
Oct 200642,72654.906.01$16,613
Sep 200622,72160.085.04$13,826
Aug 200612,84668.717.34$20,958
Jul 200602,93269.376.34$18,597
Jun 200612,95066.286.38$18,899
May 200603,00166.016.42$19,281
Apr 200612,98364.397.36$22,021
Mar 200613,05856.707.08$21,716
Feb 200612,77857.597.75$21,590
Jan 200643,17660.598.93$28,615
Dec 200553,10754.9413.42$41,956
Nov 200523,18454.6910.59$33,823
Oct 200503,28958.3413.80$45,374
Sep 200543,26461.4512.08$39,672
Aug 200523,44361.519.80$33,854
Jul 200503,51955.697.84$27,602
Jun 200513,41352.337.38$25,244
May 200533,70545.226.65$24,778
Apr 200543,46249.207.36$25,679
Mar 200533,60050.377.15$25,909
Feb 200543,52845.226.31$22,449
Jan 200543,94043.166.32$25,082
Dec 200404,27739.866.75$28,874
Nov 200404,33245.286.33$27,423
Oct 200424,49649.706.52$29,391
Sep 200404,60143.245.28$24,311
Aug 200414,59342.375.55$25,537
Jul 200405,29838.286.08$32,234
Jun 200405,27736.106.43$33,947
May 200405,63737.486.49$36,610
Apr 200405,65034.475.86$33,100
Mar 200406,16234.365.53$34,077
Feb 20041865,85132.455.51$38,272
Jan 200408,34932.036.30$52,596
Dec 200309,16530.266.30$57,755
Nov 200308,85228.804.60$40,676
Oct 200319,24428.174.76$44,026
Sep 200319,05126.314.75$43,013
Aug 200309,78729.765.13$50,205
Jul 200318210,14729.415.17$57,821
Jun 200319,95128.565.98$59,565
May 2003010,61626.595.97$63,406
Apr 2003210,27826.675.41$55,629
Mar 2003010,87731.146.10$66,307
Feb 20031869,39733.487.93$80,707
Jan 2003110,95230.315.58$61,165
Dec 2002010,56126.914.85$51,261
Nov 20021859,58324.664.14$44,207
Oct 2002010,16426.464.23$42,985
Sep 200219,73427.443.64$35,412
Aug 200218310,59825.963.16$38,284
Jul 2002010,36624.583.06$31,738
Jun 200219,99923.733.34$33,403
May 2002010,25624.663.58$36,758
Apr 20021849,89823.653.51$39,117
Mar 2002011,46122.003.10$35,560
Feb 20021909,95818.222.38$27,119
Jan 2002011,93217.172.38$28,347
Dec 2001011,39316.932.36$26,938
Nov 200118311,10318.072.41$30,015
Oct 2001112,11919.782.53$30,667
Sep 200118212,19524.262.25$31,870
Aug 2001012,94624.873.05$39,526
Jul 2001013,77023.933.20$44,024
Jun 200118212,12724.563.82$50,846
May 2001013,07425.524.31$56,314
Apr 2001013,97524.685.34$74,561
Mar 2001011,39324.545.38$61,254
Feb 200118219,70527.755.77$118,691
Jan 2001021,99127.478.40$184,697
Dec 200019417,60326.889.12$165,798
Nov 2000014,32432.215.66$81,045
Oct 200018115,12831.235.15$83,494
Sep 2000018,88431.875.19$97,942
Aug 200017819,05829.644.54$91,814
Jul 2000012,81528.534.09$52,410
Jun 200009,80529.304.40$43,115
May 2000010,36827.263.68$38,152
Apr 200017826,46824.513.12$86,837
Mar 200018529,11228.422.86$88,511
Feb 200019410,22727.622.73$33,242
Jan 200009,55125.272.48$23,691
Dec 1999013,30524.282.42$32,248
Nov 199918914,89123.192.43$40,627
Oct 1999011,00720.982.80$30,860
Sep 1999014,31221.752.62$37,481
Aug 199918821,10519.262.88$64,310
Jul 1999015,64917.892.37$37,125
Jun 199919224,65215.942.36$61,291
May 199919029,98615.792.32$72,598
Apr 19991949,38715.102.21$23,656
Mar 199909,66412.471.84$17,766
Feb 199909,0959.981.82$16,533
Jan 1999010,93410.381.90$20,774
Dec 199818711,3969.201.77$21,929
Nov 1998018,91310.892.19$41,339
Oct 199818417,21112.421.97$36,177
Sep 199819517,74012.592.08$39,401
Aug 1998014,56011.301.91$27,771
Jul 199819730,41911.742.24$70,368
Jun 199819521,17111.242.24$49,557
May 1998015,14012.622.21$33,404
Apr 199819414,75913.042.51$39,506
Mar 1998016,38212.802.31$37,833
Feb 1998015,23313.952.30$35,023
Jan 199819130,27814.702.15$68,050
Dec 199719327,58416.322.41$69,658
Nov 199718919,39518.193.09$63,335
Oct 199719734,22719.253.15$111,601
Sep 199718928,87417.742.95$88,672
Aug 199719842,11717.862.55$111,134
Jul 199743452,19417.582.25$124,907
Jun 199747357,04917.242.26$136,926
May 199758867,47518.972.31$166,920
Apr 199759279,79917.882.08$176,789
Mar 19971,19097,71618.951.94$212,036
Feb 19971,19393,97820.492.21$231,751

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             2 bbl  × $106.41 =       $213
Gas                  831 Mcf  × $  3.05 =     $2,531

────────────────────────────────────────────────────
Month total                                   $2,744

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/164488 is the state's own key, not one this site invented.