VELENO RANCH

Operated by VANTAGE OPERATING, LLC (P-5 882608) in the EXSUN (LOBO CONS.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 201874District 04Field 298012532 tax incentive programmesCondensateGasSaveExport
Value, all time
$32.9 M
Mar 2004 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
267
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 243 leases and 243 wells, and the rule below applies to all of them.

Discovered
2004-09-01
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 Gas112005-11-03165926
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
CondensateDisposition4 bbl$236
GasProduction5,229,097 Mcf$32,936,010
Total$32,936,246

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 26.8957, -99.2488. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.89573, -99.24881 · 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
10,905 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 10,905 ft.

Completions filed
Oct 2006
1 of 1 wells

1 well

42-50534783210,905 ftOct 2006

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 (267)

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

267 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 202401969.612.36$45
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 20240273.023.30$7
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230280.522.67$5
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 2022044176.415.73$2,527
Nov 202203,23085.005.65$18,237
Oct 202203,22587.185.86$18,911
Sep 202203,07584.888.16$25,103
Aug 202203,24194.529.13$29,581
Jul 202203,151101.587.54$23,765
Jun 202203,136115.097.98$25,017
May 202203,214109.378.43$27,104
Apr 202203,181104.226.84$21,750
Mar 202203,382108.885.08$17,168
Feb 202203,20391.054.86$15,563
Jan 202203,55281.844.54$16,118
Dec 202103,57571.323.90$13,939
Nov 202103,51677.435.24$18,413
Oct 202103,58679.795.71$20,490
Sep 202104,05669.865.35$21,703
Aug 202104,25166.024.22$17,942
Jul 202104,32970.783.98$17,238
Jun 202104,24569.493.38$14,351
May 202104,46963.483.02$13,486
Apr 202104,24560.362.76$11,709
Mar 202104,54861.302.72$12,357
Feb 202104,13157.805.55$22,919
Jan 202104,47050.412.81$12,562
Dec 202004,63244.642.68$12,393
Nov 202004,38638.772.71$11,871
Oct 202004,52136.972.48$11,205
Sep 202004,59337.091.99$9,145
Aug 202004,91339.982.39$11,718
Jul 202005,00738.371.83$9,138
Jun 202004,67034.901.69$7,894
May 202005,05816.921.81$9,179
Apr 202004,49314.751.80$8,107
Mar 202004,86930.341.86$9,038
Feb 202004,65849.881.98$9,226
Jan 202005,03357.252.09$10,543
Dec 201904,89759.012.30$11,284
Nov 201904,56555.302.75$12,557
Oct 201904,64953.472.42$11,244
Sep 201904,64955.052.66$12,354
Aug 201904,81453.112.30$11,093
Jul 201904,86956.272.46$11,978
Jun 201904,75352.782.49$11,841
May 201904,93858.482.74$13,532
Apr 201904,74462.632.75$13,049
Mar 201905,04156.803.06$15,436
Feb 201904,52950.852.79$12,646
Jan 201905,14946.033.23$16,622
Dec 201805,60346.594.19$23,451
Nov 201805,27952.934.24$22,368
Oct 201805,67661.443.40$19,288
Sep 201815,99859.543.11$18,701
Aug 201806,37659.403.07$19,552
Jul 201806,91265.142.93$20,265
Jun 201805,47960.183.08$16,858
May 201805,99065.382.90$17,376
Apr 201805,97863.842.90$17,341
Mar 201806,46561.222.79$18,017
Feb 201805,76461.782.77$15,944
Jan 201806,66862.874.01$26,734
Dec 201706,62157.272.92$19,343
Nov 201706,76055.423.12$21,080
Oct 201707,10049.292.98$21,184
Sep 201706,56747.523.09$20,274
Aug 201706,71045.373.00$20,160
Jul 201707,05743.873.09$21,787
Jun 201707,03942.493.09$21,731
May 201706,76745.373.26$22,083
Apr 201706,85347.933.21$22,009
Mar 201707,35846.772.98$21,954
Feb 201706,69950.452.95$19,779
Jan 201707,59249.413.42$25,956
Dec 201608,26948.763.72$30,784
Nov 201607,70542.492.64$20,375
Oct 201608,06746.193.09$24,929
Sep 201607,94341.553.10$24,628
Aug 201608,88341.442.92$25,977
Jul 201607,88741.622.92$23,064
Jun 201607,93245.352.69$21,304
May 201608,06942.521.99$16,066
Apr 201607,45036.561.99$14,833
Mar 201608,59733.011.79$15,423
Feb 201607,35026.472.06$15,168
Jan 201608,54127.352.36$20,194
Dec 201508,44832.362.00$16,908
Nov 201508,69738.792.17$18,849
Oct 201508,11243.552.43$19,684
Sep 201508,74342.992.76$24,117
Aug 2015010,04440.162.87$28,851
Jul 201508,68448.152.95$25,575
Jun 201507,25256.152.88$20,907
May 201507,35755.212.96$21,743
Apr 201507,11449.822.71$19,255
Mar 201507,32442.892.93$21,494
Feb 201507,37444.662.98$21,946
Jan 201507,30343.433.10$22,644
Dec 201408,23054.693.59$29,557
Nov 201408,71970.464.25$37,072
Oct 201408,03378.303.90$31,336
Sep 201408,27786.164.05$33,484
Aug 201408,38789.394.04$33,843
Jul 201408,81896.564.18$36,856
Jun 201408,02798.164.74$38,023
May 201409,96394.734.73$47,091
Apr 201409,90795.944.81$47,644
Mar 2014014,11695.895.06$71,382
Feb 201409,02397.406.19$55,870
Jan 201408,67890.404.86$42,181
Dec 201308,37291.824.35$36,456
Nov 201308,47188.853.74$31,667
Oct 2013012,97697.423.78$49,041
Sep 2013013,656104.113.72$50,769
Aug 201302,759104.253.52$9,719
Jul 201306,285102.523.72$23,366
Jun 201309,26094.403.93$36,423
May 2013012,57994.834.15$52,191
Apr 201309,18793.964.28$39,344
Mar 2013012,75693.623.91$49,913
Feb 2013010,04891.233.42$34,363
Jan 2013010,81791.603.42$36,993
Dec 2012014,33886.773.42$49,038
Nov 2012011,12586.953.62$40,328
Oct 2012012,94789.383.40$44,016
Sep 2012014,70594.672.92$42,915
Aug 2012016,41192.662.91$47,726
Jul 201207,46885.133.02$22,559
Jun 201209,59179.822.52$24,160
May 201209,51691.612.49$23,679
Apr 2012011,753101.652.00$23,468
Mar 2012013,303105.052.22$29,560
Feb 2012011,919101.102.57$30,635
Jan 2012013,50698.092.73$36,926
Dec 2011012,70496.873.24$41,158
Nov 2011010,85495.723.31$35,941
Oct 2011012,84684.983.65$46,869
Sep 2011012,05183.623.99$48,033
Aug 2011014,05283.404.15$58,306
Jul 2011014,11294.144.52$63,747
Jun 2011013,47392.904.64$62,513
May 2011015,21198.134.40$67,002
Apr 2011015,411105.964.33$66,780
Mar 2011015,29496.364.06$62,053
Feb 2011013,88085.644.18$58,018
Jan 2011016,43986.504.59$75,435
Dec 2010017,06485.734.35$74,190
Nov 2010016,01180.843.80$60,767
Oct 2010017,62078.103.51$61,827
Sep 2010017,05672.633.98$67,874
Aug 2010018,49273.684.42$81,723
Jul 2010020,90572.554.74$99,016
Jun 2010027,17870.364.91$133,455
May 2010012,54471.124.24$53,127
Apr 201008,46481.694.12$34,894
Mar 201009,47478.394.39$41,578
Feb 201009,71973.585.44$52,894
Jan 2010010,69874.365.96$63,804
Dec 2009014,00471.445.48$76,794
Nov 2009020,07074.593.75$75,293
Oct 2009022,36772.544.11$91,934
Sep 2009022,66065.543.06$69,447
Aug 2009023,43067.423.22$75,409
Jul 2009021,91861.133.46$75,935
Jun 2009021,46166.163.90$83,591
May 2009022,74454.743.93$89,287
Apr 2009022,56846.773.59$80,963
Mar 2009025,16842.144.06$102,157
Feb 2009020,36332.814.63$94,342
Jan 2009022,93935.865.37$123,205
Dec 2008221,59737.105.98$129,162
Nov 2008024,51755.496.86$168,195
Oct 2008025,68375.246.92$177,777
Sep 2008024,081101.767.88$189,688
Aug 2008027,559114.228.48$233,784
Jul 2008029,663131.0811.39$337,845
Jun 2008028,705131.3313.03$374,102
May 2008026,528123.1711.57$307,043
Apr 2008025,151110.3110.45$262,950
Mar 2008128,216101.909.66$272,783
Feb 2008026,78792.538.77$234,938
Jan 2008027,60090.388.21$226,478
Dec 2007026,59688.337.30$194,203
Nov 2007028,09891.677.29$204,882
Oct 2007029,14082.856.92$201,707
Sep 2007029,84675.846.24$186,363
Aug 2007032,19469.066.39$205,653
Jul 2007033,50370.906.39$214,015
Jun 2007033,12162.007.55$250,012
May 2007034,81058.747.85$273,129
Apr 2007035,32159.617.81$275,687
Mar 2007032,30556.927.30$235,890
Feb 2007035,66555.108.22$293,024
Jan 2007040,72450.306.73$273,944
Dec 2006039,39256.656.92$272,531
Nov 2006040,43154.207.62$307,982
Oct 2006045,23054.906.01$272,004
Sep 2006038,74960.085.04$195,186
Aug 2006052,99668.717.34$388,986
Jul 2006050,72069.376.34$321,705
Jun 2006053,01866.286.38$338,461
May 2006054,86666.016.42$352,514
Apr 2006057,67364.397.36$424,501
Mar 2006059,99756.707.08$424,954
Feb 2006057,39357.597.75$444,860
Jan 2006067,16960.598.93$600,042
Dec 2005074,44254.9413.42$998,669
Nov 2005065,45054.6910.59$693,011
Oct 2005074,49258.3413.80$1,027,674
Sep 2005074,97961.4512.08$905,671
Aug 2005082,55961.519.80$808,817
Jul 2005085,16055.697.84$667,964
Jun 2005087,77652.337.38$647,878
May 2005092,47145.226.65$615,039
Apr 2005076,78649.207.36$565,182
Mar 2005096,89350.377.15$693,258
Feb 20050111,88145.226.31$706,184
Jan 20050150,46743.166.32$951,282
Dec 20040171,73339.866.75$1,159,383
Nov 20040121,47845.286.33$769,007
Oct 20040102,08249.706.52$665,074
Sep 2004098,93643.245.28$522,768
Aug 20040111,45542.375.55$618,649
Jul 20040122,74238.286.08$746,784
Jun 20040107,65036.106.43$692,515
May 20040160,73537.486.49$1,043,906
Apr 20040217,86034.475.86$1,276,324
Mar 2004082,49534.365.53$456,209

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.

Sep 2024 — as filed, then multipliedworked
Condensate             0 bbl  × $ 69.61 =         $0
Gas                   19 Mcf  × $  2.36 =        $45

────────────────────────────────────────────────────
Month total                                      $45

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/201874 is the state's own key, not one this site invented.