VELA "C"

Operated by MERIT ENERGY COMPANY (P-5 561136) in the ROLETA (7483) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 175460District 04Field 779735002 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.7 M
Dec 1999 – May 2026
Value, last 12 filed months
$8 k
at the published price for each month
Months reported
318
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 64 leases and 64 wells, and the rule below applies to all of them.

Discovered
1955-08-16
as the register files it
Field class
Gas
the register's own label
Between wells
1,200 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 Gas112004-08-11158344
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
CondensateDisposition1,658 bbl$69,531
GasProduction539,985 Mcf$2,590,831
Total$2,660,362

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 26.7903, -99.1838. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.79028, -99.18375 · 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
9,817 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 9,817 ft.

Completions filed
Dec 1999
1 of 1 wells

1 well

42-5053226219,817 ftDec 1999

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 (318)

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

318 months

May 20260226106.413.05$688
Apr 2026122698.932.87$747
Mar 2026026389.753.15$828
Feb 2026019663.503.75$735
Jan 2026026559.138.00$2,119
Dec 2025014756.664.41$649
Nov 2025017058.593.93$667
Oct 2025017059.383.30$562
Sep 202507562.743.08$231
Aug 202508763.933.01$262
Jul 2025012966.743.32$428
Jun 2025012866.483.13$400
May 2025014260.553.23$459
Apr 2025013562.363.54$478
Mar 2025013667.704.27$580
Feb 2025011470.884.34$495
Jan 2025012674.324.28$539
Dec 202407968.993.12$247
Nov 2024014969.052.20$328
Oct 2024018271.372.28$415
Sep 2024016069.612.36$378
Aug 2024019175.632.06$394
Jul 2024013279.932.15$283
Jun 2024021178.082.63$556
May 2024322978.812.20$740
Apr 2024119884.451.66$413
Mar 2024021980.301.55$338
Feb 2024021076.091.78$375
Jan 2024116473.023.30$614
Dec 2023019771.262.61$514
Nov 2023020177.892.81$564
Oct 2023020185.443.09$621
Sep 2023023589.042.74$643
Aug 2023029080.522.67$775
Jul 2023133874.852.64$968
Jun 2023024768.962.26$558
May 2023024470.622.23$543
Apr 2023025678.122.24$573
Mar 2023138172.852.39$985
Feb 2023056975.112.47$1,403
Jan 2023074576.533.39$2,524
Dec 2022119476.415.73$1,188
Nov 2022011485.005.65$644
Oct 202209087.185.86$528
Sep 2022012984.888.16$1,053
Aug 2022011194.529.13$1,013
Jul 20220160101.587.54$1,207
Jun 20221141115.097.98$1,240
May 2022068109.378.43$573
Apr 2022040104.226.84$274
Mar 20220111108.885.08$563
Feb 202207791.054.86$374
Jan 202209581.844.54$431
Dec 202199371.323.90$1,005
Nov 2021011677.435.24$607
Oct 2021016379.795.71$931
Sep 2021017769.865.35$947
Aug 2021015866.024.22$667
Jul 2021028070.783.98$1,115
Jun 2021020069.493.38$676
May 2021023463.483.02$706
Apr 2021014360.362.76$394
Mar 2021017861.302.72$484
Feb 2021020857.805.55$1,154
Jan 2021024750.412.81$694
Dec 2020021244.642.68$567
Nov 2020021538.772.71$582
Oct 2020024736.972.48$612
Sep 2020023737.091.99$472
Aug 2020031739.982.39$756
Jul 2020025238.371.83$460
Jun 2020023134.901.69$390
May 2020026116.921.81$474
Apr 2020019614.751.80$354
Mar 2020019330.341.86$358
Feb 2020019149.881.98$378
Jan 2020021157.252.09$442
Dec 2019125259.012.30$640
Nov 2019018855.302.75$517
Oct 2019018853.472.42$455
Sep 2019022155.052.66$587
Aug 2019018453.112.30$424
Jul 2019121456.272.46$583
Jun 2019020952.782.49$521
May 2019121758.482.74$653
Apr 2019022662.632.75$622
Mar 2019025156.803.06$769
Feb 2019022150.852.79$617
Jan 2019022546.033.23$726
Dec 2018029846.594.19$1,247
Nov 2018029652.934.24$1,254
Oct 2018029161.443.40$989
Sep 2018053659.543.11$1,666
Aug 2018025759.403.07$788
Jul 2018036065.142.93$1,055
Jun 2018038760.183.08$1,191
May 2018037965.382.90$1,099
Apr 2018025263.842.90$731
Mar 2018035261.222.79$981
Feb 2018026261.782.77$725
Jan 2018028062.874.01$1,123
Dec 2017025457.272.92$742
Nov 2017033455.423.12$1,042
Oct 2017028149.292.98$838
Sep 2017029347.523.09$905
Aug 2017026245.373.00$787
Jul 2017026443.873.09$815
Jun 2017019542.493.09$602
May 2017024445.373.26$796
Apr 2017015547.933.21$498
Mar 20171519646.772.98$1,286
Feb 2017015150.452.95$446
Jan 2017021949.413.42$749
Dec 2016019548.763.72$726
Nov 2016017342.492.64$457
Oct 2016316846.193.09$658
Sep 2016019841.553.10$614
Aug 20162216841.442.92$1,403
Jul 20161211141.622.92$824
Jun 2016022945.352.69$615
May 2016024542.521.99$488
Apr 2016035436.561.99$705
Mar 2016034533.011.79$619
Feb 2016044126.472.06$910
Jan 2016031027.352.36$733
Dec 2015023432.362.00$468
Nov 2015023638.792.17$511
Oct 2015640543.552.43$1,244
Sep 2015048842.992.76$1,346
Aug 2015043840.162.87$1,258
Jul 2015017348.152.95$510
Jun 2015026356.152.88$758
May 2015027155.212.96$801
Apr 2015026349.822.71$712
Mar 2015027042.892.93$792
Feb 2015024344.662.98$723
Jan 2015026743.433.10$828
Dec 2014027854.693.59$998
Nov 2014028170.464.25$1,195
Oct 2014037378.303.90$1,455
Sep 20142727986.164.05$3,455
Aug 2014028889.394.04$1,162
Jul 2014030096.564.18$1,254
Jun 2014029298.164.74$1,383
May 2014032994.734.73$1,555
Apr 2014024495.944.81$1,173
Mar 2014034995.895.06$1,765
Feb 2014037897.406.19$2,341
Jan 2014037990.404.86$1,842
Dec 2013033791.824.35$1,467
Nov 20132930588.853.74$3,717
Oct 2013038897.423.78$1,466
Sep 20130254104.113.72$944
Aug 20130516104.253.52$1,818
Jul 20130451102.523.72$1,677
Jun 2013040394.403.93$1,585
May 2013035194.834.15$1,456
Apr 2013047393.964.28$2,026
Mar 2013052793.623.91$2,062
Feb 2013044391.233.42$1,515
Jan 2013050991.603.42$1,741
Dec 2012068086.773.42$2,326
Nov 2012083686.953.62$3,030
Oct 2012046989.383.40$1,594
Sep 2012062294.672.92$1,815
Aug 2012079192.662.91$2,300
Jul 2012059485.133.02$1,794
Jun 201201,35279.822.52$3,406
May 201201,53791.612.49$3,825
Apr 201201,760101.652.00$3,514
Mar 201201,892105.052.22$4,204
Feb 201201,442101.102.57$3,706
Jan 201201,28998.092.73$3,524
Dec 201101,74796.873.24$5,660
Nov 201101,78995.723.31$5,924
Oct 201101,98384.983.65$7,235
Sep 2011231,60583.623.99$8,320
Aug 201101,05083.404.15$4,357
Jul 2011098794.144.52$4,459
Jun 2011085692.904.64$3,972
May 201101,04498.134.40$4,599
Apr 20110979105.964.33$4,242
Mar 201101,01196.364.06$4,102
Feb 2011096085.644.18$4,013
Jan 201101,47486.504.59$6,764
Dec 201001,08485.734.35$4,713
Nov 2010092480.843.80$3,507
Oct 2010085378.103.51$2,993
Sep 201001,01972.633.98$4,055
Aug 2010211,35473.684.42$7,531
Jul 2010096172.554.74$4,552
Jun 201001,45770.364.91$7,154
May 2010101,44871.124.24$6,844
Apr 201001,46881.694.12$6,052
Mar 201001,66278.394.39$7,294
Feb 2010081773.585.44$4,446
Jan 201001,14274.365.96$6,811
Dec 200901,59971.445.48$8,769
Nov 200901,44074.593.75$5,402
Oct 200901,61172.544.11$6,622
Sep 200901,33665.543.06$4,095
Aug 200901,42267.423.22$4,577
Jul 200901,53761.133.46$5,325
Jun 200901,63966.163.90$6,384
May 200901,60754.743.93$6,309
Apr 200901,76046.773.59$6,314
Mar 200901,46942.144.06$5,963
Feb 200903,95832.814.63$18,337
Jan 200911,23135.865.37$6,648
Dec 200831,14637.105.98$6,961
Nov 200801,21555.496.86$8,335
Oct 200801,25275.246.92$8,666
Sep 200801,335101.767.88$10,516
Aug 200801,306114.228.48$11,079
Jul 200801,460131.0811.39$16,629
Jun 2008112,061131.3313.03$28,305
May 200802,179123.1711.57$25,220
Apr 200801,772110.3110.45$18,526
Mar 200801,790101.909.66$17,299
Feb 200801,97792.538.77$17,339
Jan 200801,47490.388.21$12,095
Dec 200701,75988.337.30$12,844
Nov 200701,63391.677.29$11,907
Oct 200701,65982.856.92$11,484
Sep 200701,39075.846.24$8,679
Aug 200701,18069.066.39$7,538
Jul 200701,15070.906.39$7,346
Jun 2007121,37462.007.55$11,116
May 200701,21758.747.85$9,549
Apr 200701,49259.617.81$11,645
Mar 200701,71356.927.30$12,508
Feb 2007151,70755.108.22$14,851
Jan 200702,34750.306.73$15,788
Dec 200602,10956.656.92$14,591
Nov 2006252,00454.207.62$16,620
Oct 200602,38454.906.01$14,337
Sep 200602,37360.085.04$11,953
Aug 2006422,48468.717.34$21,118
Jul 2006393,06369.376.34$22,133
Jun 2006412,10666.286.38$16,162
May 2006412,40066.016.42$18,126
Apr 200602,42964.397.36$17,879
Mar 2006452,56856.707.08$20,740
Feb 2006702,25557.597.75$21,510
Jan 200602,70760.598.93$24,183
Dec 200502,69254.9413.42$36,114
Nov 200503,12354.6910.59$33,068
Oct 200503,09958.3413.80$42,753
Sep 200502,21761.4512.08$26,779
Aug 200511,31761.519.80$12,964
Jul 200512,51255.697.84$19,759
Jun 200502,29752.337.38$16,954
May 200502,59845.226.65$17,280
Apr 200502,54449.207.36$18,725
Mar 20051872,77950.377.15$29,303
Feb 200501,64945.226.31$10,408
Jan 200502,61043.166.32$16,501
Dec 200402,54539.866.75$17,182
Nov 200402,71345.286.33$17,174
Oct 200402,60749.706.52$16,985
Sep 200402,74043.245.28$14,478
Aug 200402,71942.375.55$15,092
Jul 200403,32538.286.08$20,230
Jun 200401,06336.106.43$6,838
May 200402,80337.486.49$18,204
Apr 200412,92934.475.86$17,194
Mar 200403,10834.365.53$17,188
Feb 200402,33132.455.51$12,843
Jan 200402,62732.036.30$16,549
Dec 200302,79330.266.30$17,600
Nov 200302,26428.804.60$10,403
Oct 200302,34828.174.76$11,176
Sep 200302,97326.314.75$14,120
Aug 200303,27129.765.13$16,779
Jul 200303,09929.415.17$16,024
Jun 200313,02828.565.98$18,145
May 200321,66826.595.97$10,016
Apr 200303,06126.675.41$16,552
Mar 200303,44231.146.10$20,983
Feb 200303,08233.487.93$24,428
Jan 200303,45230.315.58$19,269
Dec 20021903,48226.914.85$22,014
Nov 200203,49224.664.14$14,446
Oct 200213,37326.464.23$14,291
Sep 200203,04627.443.64$11,073
Aug 200204,07025.963.16$12,878
Jul 200204,13724.583.06$12,667
Jun 200204,05823.733.34$13,547
May 200204,53424.663.58$16,250
Apr 200204,44523.653.51$15,612
Mar 200204,66822.003.10$14,484
Feb 200204,16518.222.38$9,895
Jan 200204,65817.172.38$11,066
Dec 200104,96416.932.36$11,737
Nov 200104,92118.072.41$11,838
Oct 200105,21319.782.53$13,183
Sep 200105,24324.262.25$11,804
Aug 200105,44724.873.05$16,631
Jul 200105,50823.933.20$17,610
Jun 200105,82224.563.82$22,264
May 20011825,95625.524.31$30,299
Apr 200105,63124.685.34$30,043
Mar 200106,17824.545.38$33,216
Feb 200105,82527.755.77$33,593
Jan 200107,18927.478.40$60,379
Dec 200007,18126.889.12$65,509
Nov 200007,57932.215.66$42,882
Oct 200008,35631.235.15$42,996
Sep 200008,52131.875.19$44,194
Aug 20001838,65129.644.54$44,706
Jul 200008,90928.534.09$36,436
Jun 200009,22129.304.40$40,547
May 2000011,09327.263.68$40,819
Apr 200018515,80324.513.12$53,777
Mar 2000015,51328.422.86$44,363
Feb 2000018,13627.622.73$49,448
Jan 200018921,68725.272.48$58,571
Dec 1999018,20324.282.42$44,119

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                  226 Mcf  × $  3.05 =       $688

────────────────────────────────────────────────────
Month total                                     $688

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/175460 is the state's own key, not one this site invented.