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 166712District 04Field 779730502 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.3 M
Oct 1997 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
344
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 Gas112000-10-19142603
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
CondensateDisposition770 bbl$30,502
GasProduction260,394 Mcf$1,233,220
Total$1,263,722

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 26.7457, -99.2176. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.74566, -99.21755 · 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
9,313 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 9,313 ft.

Completions filed
Oct 1997
1 of 1 wells

1 well

42-50533641179,313 ftOct 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 (344)

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

344 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 2011159984.983.65$1,636
Sep 2011022783.623.99$905
Aug 2011017383.404.15$718
Jul 2011016794.144.52$754
Jun 2011015792.904.64$728
May 2011023298.134.40$1,022
Apr 20110213105.964.33$923
Mar 2011032196.364.06$1,302
Feb 2011163085.644.18$2,719
Jan 2011080186.504.59$3,676
Dec 2010085685.734.35$3,722
Nov 2010027780.843.80$1,051
Oct 201009578.103.51$333
Sep 2010038272.633.98$1,520
Aug 2010046673.684.42$2,059
Jul 2010043172.554.74$2,041
Jun 2010043870.364.91$2,151
May 2010141471.124.24$1,825
Apr 2010024681.694.12$1,014
Mar 2010032878.394.39$1,439
Feb 2010040473.585.44$2,199
Jan 2010178974.365.96$4,780
Dec 2009083371.445.48$4,568
Nov 2009088774.593.75$3,328
Oct 2009098372.544.11$4,040
Sep 200911,00665.543.06$3,149
Aug 2009054667.423.22$1,757
Jul 2009039061.133.46$1,351
Jun 2009033566.163.90$1,305
May 2009035254.743.93$1,382
Apr 2009018746.773.59$671
Mar 200921,01442.144.06$4,200
Feb 2009079932.814.63$3,702
Jan 2009180735.865.37$4,370
Dec 2008054437.105.98$3,252
Nov 2008079155.496.86$5,427
Oct 2008043675.246.92$3,018
Sep 20080501101.767.88$3,946
Aug 20080795114.228.48$6,744
Jul 20080467131.0811.39$5,319
Jun 20080686131.3313.03$8,940
May 20080639123.1711.57$7,396
Apr 20081674110.3110.45$7,157
Mar 20080573101.909.66$5,538
Feb 20086275592.538.77$12,359
Jan 200821,14390.388.21$9,560
Dec 200721,04288.337.30$7,785
Nov 200711,26991.677.29$9,345
Oct 200721,43682.856.92$10,106
Sep 200701,90475.846.24$11,889
Aug 200711,36869.066.39$8,808
Jul 200711,07470.906.39$6,932
Jun 2007171762.007.55$5,474
May 2007017558.747.85$1,373
Apr 2007016159.617.81$1,257
Mar 2007022656.927.30$1,650
Feb 2007025755.108.22$2,112
Jan 2007021050.306.73$1,413
Dec 200606056.656.92$415
Nov 2006012354.207.62$937
Oct 2006154754.906.01$3,344
Sep 2006061860.085.04$3,113
Aug 2006061868.717.34$4,536
Jul 2006065169.376.34$4,129
Jun 2006064266.286.38$4,098
May 2006072266.016.42$4,639
Apr 2006193064.397.36$6,910
Mar 20061811,06056.707.08$17,771
Feb 200611,78257.597.75$13,870
Jan 200641,29660.598.93$11,820
Dec 200532,17454.9413.42$29,330
Nov 200511,77754.6910.59$18,870
Oct 200532,90358.3413.80$40,224
Sep 200512,10961.4512.08$25,536
Aug 200534,30361.519.80$42,340
Jul 2005086355.697.84$6,769
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 2005029750.377.15$2,125
Feb 2005147145.226.31$3,018
Jan 200511,14143.166.32$7,257
Dec 2004193239.866.75$6,332
Nov 200411,98745.286.33$12,624
Oct 200432,16149.706.52$14,228
Sep 2004681,02643.245.28$8,362
Aug 200401,89242.375.55$10,502
Jul 200402,22238.286.08$13,519
Jun 200402,42636.106.43$15,607
May 200402,22537.486.49$14,450
Apr 200412,07934.475.86$12,214
Mar 200402,15434.365.53$11,912
Feb 200402,56832.455.51$14,149
Jan 200402,89732.036.30$18,250
Dec 200322,93530.266.30$18,556
Nov 200302,98028.804.60$13,694
Oct 200342,95428.174.76$14,173
Sep 200363,16726.314.75$15,199
Aug 200312,92029.765.13$15,009
Jul 200322,55229.415.17$13,255
Jun 200313,02828.565.98$18,145
May 200312,76626.595.97$16,547
Apr 200322,67926.675.41$14,539
Mar 200363,23931.146.10$19,932
Feb 200302,75533.487.93$21,836
Jan 200333,32930.315.58$18,674
Dec 200203,45026.914.85$16,745
Nov 200212,89924.664.14$12,018
Oct 200203,23426.464.23$13,677
Sep 200213,92827.443.64$14,307
Aug 200202,87625.963.16$9,100
Jul 200202,98024.583.06$9,124
Jun 200203,11223.733.34$10,389
May 20021732,50624.663.58$13,248
Apr 200202,64223.653.51$9,280
Mar 200201,75922.003.10$5,458
Feb 200202,54818.222.38$6,053
Jan 200203,19117.172.38$7,581
Dec 200102,58916.932.36$6,121
Nov 200103,99018.072.41$9,598
Oct 200132,06019.782.53$5,269
Sep 200111,08224.262.25$2,460
Aug 200101,26424.873.05$3,859
Jul 200101,24123.933.20$3,968
Jun 200123,97624.563.82$15,254
May 200123,43625.524.31$14,851
Apr 2001063824.685.34$3,404
Mar 2001093324.545.38$5,016
Feb 2001078727.755.77$4,539
Jan 2001088627.478.40$7,441
Dec 2000075826.889.12$6,915
Nov 2000094432.215.66$5,341
Oct 200001,30031.235.15$6,689
Sep 200001,19331.875.19$6,187
Aug 200001,03429.644.54$4,695
Jul 2000088528.534.09$3,619
Jun 200001,73229.304.40$7,616
May 200001,63027.263.68$5,998
Apr 200003,25724.513.12$10,149
Mar 200001,40228.422.86$4,009
Feb 200001,01727.622.73$2,773
Jan 200001,41025.272.48$3,498
Dec 199901,02124.282.42$2,475
Nov 199901,07123.192.43$2,607
Oct 199901,08520.982.80$3,042
Sep 1999096221.752.62$2,519
Aug 199901,64119.262.88$4,719
Jul 199901,67117.892.37$3,964
Jun 199901,00015.942.36$2,362
May 199901,09115.792.32$2,532
Apr 199901,19115.102.21$2,630
Mar 199901,26512.471.84$2,325
Feb 199901,1279.981.82$2,049
Jan 199901,32510.381.90$2,517
Dec 199801,7479.201.77$3,098
Nov 199802,98910.892.19$6,533
Oct 199801,96012.421.97$3,860
Sep 199801,62212.592.08$3,378
Aug 199802,45711.301.91$4,686
Jul 19981894,89211.742.24$13,164
Jun 199802,02411.242.24$4,528
May 199803,06812.622.21$6,769
Apr 199802,36013.042.51$5,913
Mar 199803,20112.802.31$7,393
Feb 199803,09413.952.30$7,114
Jan 199802,89314.702.15$6,234
Dec 199704,52716.322.41$10,915
Nov 199706,84018.193.09$21,124
Oct 199708,61319.253.15$27,129

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.

Oct 2011 — as filed, then multipliedworked
Condensate            15 bbl  × $ 84.98 =     $1,275
Gas                   99 Mcf  × $  3.65 =       $361

────────────────────────────────────────────────────
Month total                                   $1,636

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/166712 is the state's own key, not one this site invented.