VELA, G. O.

Operated by MERIT ENERGY COMPANY (P-5 561136) 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 187697District 04Field 779730502 tax incentive programmesCondensateGasSaveExport
Value, all time
$4.7 M
Feb 2002 – May 2026
Value, last 12 filed months
$19 k
at the published price for each month
Months reported
292
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 Gas112007-03-26173408
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
CondensateDisposition7,764 bbl$196,952
GasProduction983,437 Mcf$4,548,364
Total$4,745,316

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 26.8354, -99.1762. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.83543, -99.17623 · 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
10,668 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 10,668 ft.

Completions filed
Feb 2002
1 of 1 wells

1 well

42-50534450110,668 ftFeb 2002

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 (292)

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

292 months

May 20260403106.413.05$1,227
Apr 2026039298.932.87$1,125
Mar 2026045289.753.15$1,424
Feb 2026045063.503.75$1,688
Jan 2026046859.138.00$3,743
Dec 2025049856.664.41$2,198
Nov 2025043958.593.93$1,724
Oct 2025039359.383.30$1,299
Sep 2025038762.743.08$1,191
Aug 2025040063.933.01$1,206
Jul 2025037866.743.32$1,253
Jun 2025030666.483.13$957
May 2025042360.553.23$1,367
Apr 2025034262.363.54$1,212
Mar 2025031067.704.27$1,323
Feb 2025029170.884.34$1,263
Jan 2025027874.324.28$1,189
Dec 2024047768.993.12$1,489
Nov 2024040169.052.20$882
Oct 2024051371.372.28$1,170
Sep 2024060669.612.36$1,433
Aug 2024056475.632.06$1,164
Jul 2024056479.932.15$1,211
Jun 2024061378.082.63$1,615
May 2024068278.812.20$1,499
Apr 2024077184.451.66$1,279
Mar 2024094080.301.55$1,452
Feb 202401,08776.091.78$1,939
Jan 202401,23473.023.30$4,069
Dec 202301,46771.262.61$3,830
Nov 202301,27677.892.81$3,582
Oct 202301,74185.443.09$5,375
Sep 202301,84789.042.74$5,052
Aug 202302,50880.522.67$6,704
Jul 202303,66374.852.64$9,677
Jun 202301,13868.962.26$2,570
May 2023037070.622.23$824
Apr 2023019178.122.24$427
Mar 2023020572.852.39$491
Feb 2023017775.112.47$436
Jan 2023020476.533.39$691
Dec 2022021076.415.73$1,203
Nov 2022023085.005.65$1,299
Oct 2022021687.185.86$1,267
Sep 2022022584.888.16$1,837
Aug 2022024294.529.13$2,209
Jul 20220192101.587.54$1,448
Jun 20220216115.097.98$1,723
May 20220240109.378.43$2,024
Apr 20220231104.226.84$1,579
Mar 20220244108.885.08$1,239
Feb 2022026991.054.86$1,307
Jan 202201081.844.54$45
Dec 202102471.323.90$94
Nov 202101777.435.24$89
Oct 202104979.795.71$280
Sep 202109469.865.35$503
Aug 2021012466.024.22$523
Jul 202108470.783.98$334
Jun 202108269.493.38$277
May 202106563.483.02$196
Apr 202105660.362.76$154
Mar 202106761.302.72$182
Feb 202104857.805.55$266
Jan 2021010850.412.81$304
Dec 202002844.642.68$75
Nov 2020015038.772.71$406
Oct 2020126536.972.48$694
Sep 2020028137.091.99$559
Aug 2020029239.982.39$696
Jul 2020028938.371.83$527
Jun 2020028934.901.69$489
May 2020031916.921.81$579
Apr 2020030314.751.80$547
Mar 2020030430.341.86$564
Feb 2020129849.881.98$640
Jan 2020032157.252.09$672
Dec 2019035259.012.30$811
Nov 2019042755.302.75$1,175
Oct 2019033253.472.42$803
Sep 2019032755.052.66$869
Aug 2019034353.112.30$790
Jul 2019035656.272.46$876
Jun 2019034252.782.49$852
May 2019636858.482.74$1,359
Apr 2019035962.632.75$988
Mar 2019142356.803.06$1,352
Feb 2019034950.852.79$974
Jan 2019049346.033.23$1,591
Dec 2018043646.594.19$1,825
Nov 2018042352.934.24$1,792
Oct 2018035661.443.40$1,210
Sep 2018157559.543.11$1,847
Aug 2018029459.403.07$902
Jul 2018041665.142.93$1,220
Jun 2018141860.183.08$1,346
May 2018046565.382.90$1,349
Apr 2018046263.842.90$1,340
Mar 2018053061.222.79$1,477
Feb 2018042561.782.77$1,176
Jan 2018057762.874.01$2,313
Dec 2017056957.272.92$1,662
Nov 2017051055.423.12$1,590
Oct 2017053449.292.98$1,593
Sep 2017054947.523.09$1,695
Aug 2017048745.373.00$1,463
Jul 2017049643.873.09$1,531
Jun 2017046142.493.09$1,423
May 2017056045.373.26$1,828
Apr 2017043147.933.21$1,384
Mar 2017051146.772.98$1,525
Feb 2017048050.452.95$1,417
Jan 2017058449.413.42$1,997
Dec 2016053048.763.72$1,973
Nov 2016057342.492.64$1,515
Oct 2016055046.193.09$1,700
Sep 2016054241.553.10$1,681
Aug 2016058941.442.92$1,722
Jul 2016058941.622.92$1,722
Jun 2016055145.352.69$1,480
May 2016059242.521.99$1,179
Apr 2016059936.561.99$1,193
Mar 2016056033.011.79$1,005
Feb 2016059926.472.06$1,236
Jan 2016056227.352.36$1,329
Dec 2015057332.362.00$1,147
Nov 2015060638.792.17$1,313
Oct 2015064743.552.43$1,570
Sep 2015056242.992.76$1,550
Aug 2015061440.162.87$1,764
Jul 2015061248.152.95$1,802
Jun 2015061356.152.88$1,767
May 2015065755.212.96$1,942
Apr 2015061549.822.71$1,665
Mar 2015070742.892.93$2,075
Feb 2015059644.662.98$1,774
Jan 2015073243.433.10$2,270
Dec 2014066354.693.59$2,381
Nov 2014068570.464.25$2,913
Oct 2014080478.303.90$3,136
Sep 2014070486.164.05$2,848
Aug 2014074789.394.04$3,014
Jul 2014083996.564.18$3,507
Jun 2014071698.164.74$3,392
May 2014074594.734.73$3,521
Apr 2014076595.944.81$3,679
Mar 2014078495.895.06$3,965
Feb 2014057297.406.19$3,542
Jan 2014051690.404.86$2,508
Dec 2013063891.824.35$2,778
Nov 2013064788.853.74$2,419
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 20130108102.523.72$402
Jun 2013079894.403.93$3,139
May 2013084594.834.15$3,506
Apr 2013082193.964.28$3,516
Mar 2013087793.623.91$3,432
Feb 2013076091.233.42$2,599
Jan 2013082791.603.42$2,828
Dec 2012084186.773.42$2,876
Nov 201201,23886.953.62$4,488
Oct 2012097089.383.40$3,298
Sep 201201,09294.672.92$3,187
Aug 2012089592.662.91$2,603
Jul 2012089585.133.02$2,704
Jun 2012083879.822.52$2,111
May 2012087291.612.49$2,170
Apr 20120779101.652.00$1,556
Mar 20120754105.052.22$1,675
Feb 20120977101.102.57$2,511
Jan 2012060098.092.73$1,640
Dec 2011088696.873.24$2,870
Nov 2011091895.723.31$3,040
Oct 2011084984.983.65$3,098
Sep 201101,02183.623.99$4,070
Aug 201101,08883.404.15$4,514
Jul 201101,07294.144.52$4,842
Jun 201101,10892.904.64$5,141
May 201101,07698.134.40$4,740
Apr 201101,031105.964.33$4,468
Mar 201101,12696.364.06$4,569
Feb 2011095785.644.18$4,000
Jan 201101,12986.504.59$5,181
Dec 201001,13485.734.35$4,930
Nov 201001,15580.843.80$4,384
Oct 201001,23678.103.51$4,337
Sep 201001,26672.633.98$5,038
Aug 201001,37373.684.42$6,068
Jul 201001,58472.554.74$7,503
Jun 201001,79770.364.91$8,824
May 201001,81071.124.24$7,666
Apr 201002,61981.694.12$10,797
Mar 201001,95078.394.39$8,558
Feb 201001,36573.585.44$7,429
Jan 201001,89774.365.96$11,314
Dec 200901,79271.445.48$9,827
Nov 200901,50474.593.75$5,642
Oct 200901,93972.544.11$7,970
Sep 200901,40865.543.06$4,315
Aug 200901,65267.423.22$5,317
Jul 200901,40761.133.46$4,875
Jun 200901,16766.163.90$4,545
May 200901,23054.743.93$4,829
Apr 200901,66946.773.59$5,988
Mar 200901,44942.144.06$5,881
Feb 200901,69832.814.63$7,867
Jan 200901,76035.865.37$9,453
Dec 200801,78637.105.98$10,675
Nov 200802,07355.496.86$14,222
Oct 200801,67475.246.92$11,587
Sep 200802,545101.767.88$20,047
Aug 200801,456114.228.48$12,351
Jul 200801,717131.0811.39$19,556
Jun 200802,235131.3313.03$29,128
May 200802,101123.1711.57$24,318
Apr 200832,313110.3110.45$24,513
Mar 200802,250101.909.66$21,744
Feb 200822,40492.538.77$21,270
Jan 200802,30090.388.21$18,873
Dec 200702,64988.337.30$19,343
Nov 200703,56391.677.29$25,980
Oct 200701782.856.92$118
Sep 200707,58575.846.24$47,362
Aug 200701,82269.066.39$11,639
Jul 200704,93670.906.39$31,531
Jun 200705,27762.007.55$39,833
May 200702,51858.747.85$19,757
Apr 2007025159.617.81$1,959
Mar 2007048756.927.30$3,556
Feb 200701,68555.108.22$13,844
Jan 200702,57650.306.73$17,328
Dec 200602,50456.656.92$17,324
Nov 200602,59154.207.62$19,737
Oct 200602,81854.906.01$16,947
Sep 200602,54460.085.04$12,815
Aug 200602,30468.717.34$16,911
Jul 200602,51369.376.34$15,939
Jun 200602,30166.286.38$14,689
May 200601,53166.016.42$9,837
Apr 200602,39264.397.36$17,606
Mar 200602,65456.707.08$18,798
Feb 200602,43157.597.75$18,843
Jan 200602,33360.598.93$20,841
Dec 200502,84454.9413.42$38,153
Nov 200503,92754.6910.59$41,581
Oct 200504,35158.3413.80$60,025
Sep 200504,08861.4512.08$49,379
Aug 2005864,66361.519.80$50,973
Jul 200504,26155.697.84$33,422
Jun 200503,73252.337.38$27,546
May 200503,34845.226.65$22,268
Apr 200502,70449.207.36$19,903
Mar 200503,53450.377.15$25,285
Feb 200503,86645.226.31$24,402
Jan 200504,16743.166.32$26,345
Dec 200403,88339.866.75$26,214
Nov 200403,97945.286.33$25,189
Oct 200403,98749.706.52$25,976
Sep 2004326,31443.245.28$34,746
Aug 200406,79642.375.55$37,722
Jul 2004296,91338.286.08$43,170
Jun 200407,64436.106.43$49,174
May 200406,69137.486.49$43,455
Apr 2004666,51234.475.86$40,425
Mar 200407,05234.365.53$38,999
Feb 200406,86832.455.51$37,840
Jan 2004898,15432.036.30$54,218
Dec 200308,84930.266.30$55,763
Nov 20039010,04728.804.60$48,760
Oct 200309,59728.174.76$45,678
Sep 20038810,36526.314.75$51,542
Aug 20038111,23629.765.13$60,048
Jul 2003012,23429.415.17$63,260
Jun 20038812,75128.565.98$78,802
May 20038312,49226.595.97$76,818
Apr 20038214,94526.675.41$82,999
Mar 20039017,43331.146.10$109,075
Feb 200315317,57133.487.93$144,388
Jan 200334021,03530.315.58$127,724
Dec 200232722,80826.914.85$119,504
Nov 200217225,34024.664.14$109,072
Oct 200233930,05426.464.23$136,072
Sep 200251034,10127.443.64$137,958
Aug 200234234,68425.963.16$118,624
Jul 200250238,07324.583.06$128,910
Jun 200264653,24323.733.34$193,067
May 200264041,05424.663.58$162,920
Apr 200285555,23923.653.51$214,238
Mar 20021,35883,69122.003.10$289,546
Feb 200266056,72618.222.38$146,788

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                  403 Mcf  × $  3.05 =     $1,227

────────────────────────────────────────────────────
Month total                                   $1,227

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/187697 is the state's own key, not one this site invented.