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 202187District 04Field 779730502 tax incentive programmesCondensateGasSaveExport
Value, all time
$7.0 M
May 2004 – May 2026
Value, last 12 filed months
$10 k
at the published price for each month
Months reported
265
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 Gas112004-09-16158853
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
CondensateDisposition4,701 bbl$238,704
GasProduction1,103,285 Mcf$6,721,745
Total$6,960,449

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, -99.2112. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.74572, -99.21117 · 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
9,130 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 9,130 ft.

Completions filed
May 2004
1 of 1 wells

1 well

42-50534787199,130 ftMay 2004

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 (265)

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

265 months

May 20260252106.413.05$768
Apr 2026023998.932.87$686
Mar 2026018689.753.15$586
Feb 2026018363.503.75$686
Jan 2026025559.138.00$2,039
Dec 2025020256.664.41$892
Nov 2025013458.593.93$526
Oct 2025012559.383.30$413
Sep 2025015862.743.08$486
Aug 2025025963.933.01$781
Jul 2025029766.743.32$985
Jun 2025033666.483.13$1,051
May 2025041760.553.23$1,348
Apr 2025046262.363.54$1,637
Mar 2025061867.704.27$2,638
Feb 2025099970.884.34$4,337
Jan 2025028074.324.28$1,198
Dec 202401,16968.993.12$3,649
Nov 202401,19269.052.20$2,621
Oct 202401,23371.372.28$2,813
Sep 202401,14369.612.36$2,702
Aug 2024054675.632.06$1,127
Jul 2024039879.932.15$854
Jun 2024064278.082.63$1,691
May 2024057678.812.20$1,266
Apr 2024087884.451.66$1,457
Mar 202401,23080.301.55$1,901
Feb 202401,26976.091.78$2,263
Jan 202401,26173.023.30$4,158
Dec 202301,47771.262.61$3,856
Nov 202301,28477.892.81$3,605
Oct 202301,55685.443.09$4,804
Sep 202301,00989.042.74$2,760
Aug 2023071880.522.67$1,919
Jul 202301,06874.852.64$2,821
Jun 202301,12768.962.26$2,545
May 202301,18470.622.23$2,637
Apr 202301,10678.122.24$2,475
Mar 2023056472.852.39$1,350
Feb 2023056975.112.47$1,403
Jan 2023042876.533.39$1,450
Dec 2022079076.415.73$4,526
Nov 2022056185.005.65$3,168
Oct 202201,09787.185.86$6,433
Sep 202201,48884.888.16$12,148
Aug 202201,36694.529.13$12,468
Jul 202201,168101.587.54$8,809
Jun 20220973115.097.98$7,762
May 20220680109.378.43$5,734
Apr 20220699104.226.84$4,779
Mar 202201,224108.885.08$6,214
Feb 202201,31491.054.86$6,385
Jan 202201,10081.844.54$4,991
Dec 202101,13071.323.90$4,406
Nov 202101,20977.435.24$6,331
Oct 202101,98579.795.71$11,342
Sep 2021019869.865.35$1,059
Aug 2021043966.024.22$1,853
Jul 202101,07270.783.98$4,269
Jun 202101,04469.493.38$3,529
May 202101,43463.483.02$4,327
Apr 202102,78260.362.76$7,674
Mar 202102,17961.302.72$5,920
Feb 202104,87557.805.55$27,046
Jan 202107,53150.412.81$21,164
Dec 2020011,66644.642.68$31,212
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 2018011146.594.19$465
Nov 201803752.934.24$157
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 201701255.423.12$37
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170943.873.09$28
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 201701747.933.21$55
Mar 201707346.772.98$218
Feb 2017024850.452.95$732
Jan 2017077249.413.42$2,639
Dec 201601,17248.763.72$4,363
Nov 201601,26542.492.64$3,345
Oct 201601,70346.193.09$5,263
Sep 2016085841.553.10$2,660
Aug 2016086941.442.92$2,541
Jul 201601,61641.622.92$4,726
Jun 201601,56645.352.69$4,206
May 201601,47642.521.99$2,939
Apr 201601,03836.561.99$2,067
Mar 201601,57533.011.79$2,826
Feb 201601,16826.472.06$2,410
Jan 201601,47427.352.36$3,485
Dec 201501,25532.362.00$2,512
Nov 201501,34538.792.17$2,915
Oct 201501,26543.552.43$3,070
Sep 201501,20642.992.76$3,327
Aug 201501,28440.162.87$3,688
Jul 201501,43648.152.95$4,229
Jun 2015101,92756.152.88$6,117
May 2015112,03955.212.96$6,633
Apr 201572,06249.822.71$5,930
Mar 201512,38642.892.93$7,045
Feb 201542,79444.662.98$8,494
Jan 201582,07543.433.10$6,781
Dec 201451,58954.693.59$5,980
Nov 2014072070.464.25$3,061
Oct 2014281378.303.90$3,328
Sep 201401,25686.164.05$5,081
Aug 201402,22689.394.04$8,982
Jul 201402,30196.564.18$9,617
Jun 201402,37798.164.74$11,260
May 2014932,49894.734.73$20,617
Apr 201412,56595.944.81$12,431
Mar 201402,90095.895.06$14,665
Feb 201403,03397.406.19$18,780
Jan 201403,61790.404.86$17,581
Dec 201303,81791.824.35$16,621
Nov 201301,32088.853.74$4,935
Oct 20131202,39997.423.78$20,757
Sep 201301,150104.113.72$4,275
Aug 201301,489104.253.52$5,245
Jul 201301,773102.523.72$6,592
Jun 201302,26394.403.93$8,901
May 201302,64294.834.15$10,962
Apr 201302,45793.964.28$10,522
Mar 201302,43893.623.91$9,540
Feb 201301,83491.233.42$6,272
Jan 201301,40791.603.42$4,812
Dec 201203,73486.773.42$12,771
Nov 201204,01986.953.62$14,569
Oct 201223,06289.383.40$10,589
Sep 201201,35894.672.92$3,963
Aug 201201,61092.662.91$4,682
Jul 201202,70785.133.02$8,177
Jun 201202,39079.822.52$6,021
May 201202,58891.612.49$6,440
Apr 201203,272101.652.00$6,534
Mar 201202,360105.052.22$5,244
Feb 201202,633101.102.57$6,767
Jan 20121043,15198.092.73$18,816
Dec 201103,16096.873.24$10,238
Nov 201103,42595.723.31$11,341
Oct 201105,29084.983.65$19,301
Sep 201103,18683.623.99$12,699
Aug 201102,44583.404.15$10,145
Jul 201103,86194.144.52$17,441
Jun 201103,68492.904.64$17,093
May 201102,94998.134.40$12,990
Apr 201103,299105.964.33$14,295
Mar 201103,37096.364.06$13,673
Feb 201102,21485.644.18$9,254
Jan 201102,88486.504.59$13,234
Dec 201002,97085.734.35$12,913
Nov 2010873,56680.843.80$20,567
Oct 201003,85878.103.51$13,537
Sep 201003,21872.633.98$12,806
Aug 201003,63273.684.42$16,051
Jul 201003,33072.554.74$15,773
Jun 201003,45970.364.91$16,985
May 2010774,14471.124.24$23,027
Apr 201004,49181.694.12$18,515
Mar 201005,34478.394.39$23,453
Feb 201004,57673.585.44$24,904
Jan 20101826,54574.365.96$52,568
Dec 200907,94671.445.48$43,574
Nov 200965,86474.593.75$22,446
Oct 200911,72272.544.11$7,150
Sep 200922,97065.543.06$9,233
Aug 200942,28767.423.22$7,630
Jul 200944,95361.133.46$17,404
Jun 200944,81366.163.90$19,011
May 200985,26954.743.93$21,123
Apr 200934,60946.773.59$16,675
Mar 200978,18242.144.06$33,506
Feb 20091685,40432.814.63$30,549
Jan 200925,62535.865.37$30,284
Dec 200855,94537.105.98$35,720
Nov 200805,95855.496.86$40,874
Oct 200846,11975.246.92$42,657
Sep 200855,931101.767.88$47,228
Aug 200807,724114.228.48$65,523
Jul 200846,398131.0811.39$73,394
Jun 200815,428131.3313.03$70,872
May 200822,152123.1711.57$25,154
Apr 200821,966110.3110.45$20,775
Mar 200863,251101.909.66$32,029
Feb 200835,06292.538.77$44,674
Jan 20081635,95690.388.21$63,605
Dec 200786,64888.337.30$49,250
Nov 200748,10191.677.29$59,437
Oct 200755,19982.856.92$36,402
Sep 200702,46175.846.24$15,367
Aug 200765,73169.066.39$37,024
Jul 200736,39770.906.39$41,076
Jun 2007125,87262.007.55$45,069
May 200706,87458.747.85$53,935
Apr 200744,62059.617.81$36,298
Mar 200766,53556.927.30$48,060
Feb 200735,99255.108.22$49,396
Jan 20071685,38950.306.73$44,701
Dec 200635,40856.656.92$37,585
Nov 200648,53054.207.62$65,194
Oct 2006158,00754.906.01$48,976
Sep 200657,29460.085.04$37,042
Aug 200635,86568.717.34$43,255
Jul 200617,42969.376.34$47,190
Jun 200636,97466.286.38$44,720
May 200606,55566.016.42$42,116
Apr 200649,26964.397.36$68,482
Mar 20061519,52056.707.08$75,991
Feb 200637,62357.597.75$59,260
Jan 20061611,67460.598.93$105,257
Dec 20051510,40854.9413.42$140,452
Nov 200558,70154.6910.59$92,403
Oct 20051215,40958.3413.80$213,279
Sep 2005165,85361.4512.08$71,682
Aug 2005810,20161.519.80$100,430
Jul 200517417,60855.697.84$147,801
Jun 20051327,28952.337.38$202,101
May 2005811,28545.226.65$75,420
Apr 200511,14649.207.36$8,484
Mar 20054050.377.15$201
Feb 20051210,33445.226.31$65,770
Jan 200519416,40443.166.32$112,082
Dec 200422916,50839.866.75$120,575
Nov 20042622,09545.286.33$141,048
Oct 200421229,12049.706.52$200,256
Sep 200417735,78143.245.28$196,717
Aug 200417429,10442.375.55$168,919
Jul 200453662,27138.286.08$399,386
Jun 200417369,56436.106.43$453,752
May 20041,167128,86937.486.49$880,689

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                  252 Mcf  × $  3.05 =       $768

────────────────────────────────────────────────────
Month total                                     $768

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/202187 is the state's own key, not one this site invented.