VELA, LAZARO

Operated by HILCORP ENERGY COMPANY (P-5 386310) in the JABONCILLOS (YEGUA 4-SEG.B) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 175503District 04Field 45244830CondensateGasSaveExport
Value, all time
$6.6 M
Dec 1999 – Apr 2016
Value, last 12 filed months
$2 k
at the published price for each month
Months reported
197
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 5 leases and 5 wells, and the rule below applies to all of them.

Discovered
1990-01-13
as the register files it
Field class
Gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

The Commission's schedule remark for this field reads: AOF-1 AND AOF-2 EFFECTIVE 05/01/2000.

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
CondensateDisposition23,256 bbl$705,151
GasProduction1,308,487 Mcf$5,863,516
Total$6,568,667

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 27.5138, -98.2964. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.51378, -98.29643 · 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
100.0%
1 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
7,805 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
1100.0%
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.
00.0%

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 7,805 ft.

Completions filed
Oct 2014
1 of 1 wells

1 well

42-1313801067,805 ftOct 2014Yes

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 (197)

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

197 months

Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 201648027.352.36$1,313
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 20158048.152.95$385
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 2014015096.564.18$627
Jun 201401,50398.164.74$7,120
May 2014641,52894.734.73$13,285
Apr 201402,29295.944.81$11,023
Mar 201403,27795.895.06$16,571
Feb 2014812,86097.406.19$25,599
Jan 201401,97190.404.86$9,580
Dec 2013772,05291.824.35$16,006
Nov 201301,52188.853.74$5,686
Oct 201301,61097.423.78$6,085
Sep 20130982104.113.72$3,651
Aug 2013641,340104.253.52$11,392
Jul 201361918102.523.72$9,667
Jun 20135596494.403.93$8,984
May 2013681,14994.834.15$11,216
Apr 201301,81693.964.28$7,777
Mar 2013074593.623.91$2,915
Feb 201301,23791.233.42$4,230
Jan 201301,11391.603.42$3,806
Dec 201201,55186.773.42$5,305
Nov 201201,19186.953.62$4,317
Oct 201201,63289.383.40$5,548
Sep 2012053694.672.92$1,564
Aug 2012051792.662.91$1,504
Jul 20122876085.133.02$4,679
Jun 2012062479.822.52$1,572
May 2012079091.612.49$1,966
Apr 201201,015101.652.00$2,027
Mar 2012191,125105.052.22$4,496
Feb 201201,141101.102.57$2,933
Jan 201201,43998.092.73$3,934
Dec 201101,35596.873.24$4,390
Nov 201101,22795.723.31$4,063
Oct 201101,32584.983.65$4,834
Sep 201101,54083.623.99$6,138
Aug 201101,63983.404.15$6,801
Jul 201102,67694.144.52$12,088
Jun 201102,76292.904.64$12,815
May 201103,08198.134.40$13,571
Apr 201102,425105.964.33$10,508
Mar 201102,44196.364.06$9,904
Feb 201103,10985.644.18$12,996
Jan 20111884,97886.504.59$39,105
Dec 201003,20285.734.35$13,922
Nov 2010015980.843.80$603
Oct 2010013178.103.51$460
Sep 2010039672.633.98$1,576
Aug 2010011673.684.42$513
Jul 201008572.554.74$403
Jun 2010012670.364.91$619
May 2010015371.124.24$648
Apr 2010015781.694.12$647
Mar 2010126878.394.39$1,255
Feb 2010023873.585.44$1,295
Jan 2010122974.365.96$1,440
Dec 2009130771.445.48$1,755
Nov 20090074.593.75$0
Oct 2009019972.544.11$818
Sep 2009025165.543.06$769
Aug 2009126567.423.22$920
Jul 2009017361.133.46$599
Jun 2009120566.163.90$865
May 2009024754.743.93$970
Apr 2009019446.773.59$696
Mar 2009119542.144.06$834
Feb 2009031432.814.63$1,455
Jan 2009131235.865.37$1,712
Dec 2008060237.105.98$3,598
Nov 2008134655.496.86$2,429
Oct 2008229675.246.92$2,199
Sep 20080280101.767.88$2,206
Aug 20080260114.228.48$2,206
Jul 20084360131.0811.39$4,625
Jun 20080481131.3313.03$6,269
May 20086995123.1711.57$12,255
Apr 200881,123110.3110.45$12,623
Mar 200801,801101.909.66$17,405
Feb 20081921,83392.538.77$33,842
Jan 2008101,97690.388.21$17,118
Dec 200702,17888.337.30$15,904
Nov 200772,03691.677.29$15,488
Oct 200702,06482.856.92$14,287
Sep 200702,04675.846.24$12,776
Aug 200721,64269.066.39$10,627
Jul 200701,93370.906.39$12,348
Jun 200721,46962.007.55$11,213
May 200731,99458.747.85$15,822
Apr 200702,11959.617.81$16,539
Mar 20071972,33656.927.30$28,271
Feb 200701,90855.108.22$15,676
Jan 200702,19550.306.73$14,765
Dec 200602,33356.656.92$16,141
Nov 200602,32054.207.62$17,673
Oct 200602,55154.906.01$15,341
Sep 200602,53660.085.04$12,774
Aug 200602,83468.717.34$20,801
Jul 200602,96469.376.34$18,800
Jun 20061882,66166.286.38$29,448
May 200602,85066.016.42$18,311
Apr 200603,08664.397.36$22,714
Mar 200603,25856.707.08$23,076
Feb 20061862,47457.597.75$29,888
Jan 200602,25660.598.93$20,154
Dec 200503,34854.9413.42$44,915
Nov 200503,81754.6910.59$40,416
Oct 20051923,85858.3413.80$64,425
Sep 200534,48561.4512.08$54,359
Aug 200504,67861.519.80$45,830
Jul 200505,18955.697.84$40,701
Jun 20051944,89052.337.38$46,245
May 200505,68845.226.65$37,832
Apr 200535,99749.207.36$44,288
Mar 20051694,80150.377.15$42,863
Feb 200504,95845.226.31$31,295
Jan 200505,85643.166.32$37,023
Dec 20041974,93539.866.75$41,169
Nov 200404,94045.286.33$31,272
Oct 200405,78049.706.52$37,657
Sep 20041985,33843.245.28$36,767
Aug 200404,31742.375.55$23,962
Jul 200403,93838.286.08$23,960
Jun 20041824,23936.106.43$33,840
May 200405,29537.486.49$34,389
Apr 20041355,93634.475.86$39,429
Mar 20043616,21834.365.53$46,790
Feb 200443,03332.455.51$16,840
Jan 2004210,62532.036.30$66,998
Dec 200338413,73430.266.30$98,167
Nov 200336413,39828.804.60$72,049
Oct 200334517,95628.174.76$95,183
Sep 200332716,09626.314.75$85,049
Aug 2003015,49429.765.13$79,480
Jul 200335616,36729.415.17$95,101
Jun 200335915,36128.565.98$102,157
May 200317111,74626.595.97$74,702
Apr 200319515,21226.675.41$87,456
Mar 200356219,67331.146.10$137,428
Feb 2003013,55633.487.93$107,443
Jan 200336012,01230.315.58$77,963
Dec 200235718,21526.914.85$98,018
Nov 200233322,07424.664.14$99,531
Oct 200233524,43026.464.23$112,182
Sep 200235823,34027.443.64$94,669
Aug 200271724,06625.963.16$94,762
Jul 200238825,54324.583.06$87,744
Jun 200235724,13623.733.34$89,043
May 200254126,75924.663.58$109,245
Apr 200258127,64323.653.51$110,832
Mar 200258429,50822.003.10$104,403
Feb 200259627,02918.222.38$75,071
Jan 200278433,18617.172.38$92,301
Dec 200158237,17816.932.36$97,757
Nov 200139240,20718.072.41$103,802
Oct 20011,14343,25219.782.53$131,988
Sep 200192740,41824.262.25$113,483
Aug 200118715,73724.873.05$52,698
Jul 200136914,85223.933.20$56,313
Jun 2001010,12424.563.82$38,716
May 200138016,84725.524.31$82,263
Apr 200118916,62424.685.34$93,359
Mar 200138516,40724.545.38$97,659
Feb 200118716,28527.755.77$99,106
Jan 200135417,38027.478.40$155,695
Dec 200039017,71726.889.12$172,107
Nov 200057819,63332.215.66$129,701
Oct 200038519,57531.235.15$112,747
Sep 200037618,21431.875.19$106,450
Aug 200037215,97629.644.54$83,569
Jul 200036816,00928.534.09$75,972
Jun 200038919,89529.304.40$98,881
May 200057121,67327.263.68$95,317
Apr 200057926,54224.513.12$96,896
Mar 200058030,08228.422.86$102,511
Feb 200056428,48327.622.73$93,237
Jan 200043924,30725.272.48$71,387
Dec 1999012,15224.282.42$29,453

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.

Jan 2016 — as filed, then multipliedworked
Condensate            48 bbl  × $ 27.35 =     $1,313
Gas                    0 Mcf  × $  2.36 =         $0

────────────────────────────────────────────────────
Month total                                   $1,313

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/175503 is the state's own key, not one this site invented.