VELA ESTATE UNIT

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 202511District 04Field 779730502 tax incentive programmesCondensateGasSaveExport
Value, all time
$7.0 M
Apr 2004 – May 2026
Value, last 12 filed months
$104 k
at the published price for each month
Months reported
266
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 Gas112004-09-16158855
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
CondensateDisposition4,284 bbl$201,470
GasProduction1,218,946 Mcf$6,759,065
Total$6,960,535

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 26.7350, -99.2211. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.73502, -99.22112 · 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
10,870 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 10,870 ft.

Completions filed
Aug 2008
1 of 1 wells

1 well

42-505347801810,870 ftAug 2008

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 (266)

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

266 months

May 202602,381106.413.05$7,252
Apr 202602,28898.932.87$6,566
Mar 202602,37889.753.15$7,489
Feb 202602,18463.503.75$8,191
Jan 202602,41759.138.00$19,331
Dec 202502,40056.664.41$10,592
Nov 202502,33558.593.93$9,168
Oct 202502,49459.383.30$8,242
Sep 202502,28462.743.08$7,028
Aug 202502,26963.933.01$6,840
Jul 202502,14866.743.32$7,121
Jun 202502,09866.483.13$6,564
May 202501,75460.553.23$5,669
Apr 202501,51262.363.54$5,357
Mar 202501,56567.704.27$6,680
Feb 202501,55770.884.34$6,759
Jan 2025054974.324.28$2,349
Dec 202402,07268.993.12$6,467
Nov 202402,10169.052.20$4,619
Oct 202401,70171.372.28$3,881
Sep 202401,85969.612.36$4,395
Aug 202402,08275.632.06$4,296
Jul 202401,98679.932.15$4,263
Jun 202401,99978.082.63$5,265
May 202401,73478.812.20$3,812
Apr 202401,75884.451.66$2,917
Mar 202401,43480.301.55$2,216
Feb 202401,59676.091.78$2,847
Jan 202401,91673.023.30$6,318
Dec 202301,90071.262.61$4,960
Nov 202301,92477.892.81$5,402
Oct 202302,20085.443.09$6,792
Sep 202302,24989.042.74$6,151
Aug 202302,19980.522.67$5,878
Jul 202302,10774.852.64$5,566
Jun 202301,91768.962.26$4,330
May 202302,22970.622.23$4,965
Apr 202302,11978.122.24$4,742
Mar 202301,32872.852.39$3,178
Feb 202301,27275.112.47$3,136
Jan 202301,36876.533.39$4,634
Dec 202202,00976.415.73$11,510
Nov 202202,01985.005.65$11,400
Oct 202201,83887.185.86$10,778
Sep 202202,19684.888.16$17,927
Aug 202202,10994.529.13$19,249
Jul 202202,204101.587.54$16,623
Jun 202202,046115.097.98$16,321
May 202202,247109.378.43$18,949
Apr 202202,171104.226.84$14,844
Mar 202202,280108.885.08$11,574
Feb 202202,07691.054.86$10,087
Jan 202202,04581.844.54$9,280
Dec 202101,20971.323.90$4,714
Nov 202102,39877.435.24$12,558
Oct 202103,15079.795.71$17,999
Sep 202101,32269.865.35$7,074
Aug 202102,24366.024.22$9,467
Jul 202102,27670.783.98$9,063
Jun 202102,25169.493.38$7,610
May 202102,44863.483.02$7,387
Apr 202102,09660.362.76$5,782
Mar 202102,14561.302.72$5,828
Feb 202102,12257.805.55$11,773
Jan 202102,41150.412.81$6,776
Dec 202002,31544.642.68$6,194
Nov 202002,09138.772.71$5,659
Oct 202002,05936.972.48$5,103
Sep 202001,94537.091.99$3,873
Aug 202002,35739.982.39$5,622
Jul 202002,34938.371.83$4,287
Jun 202002,34534.901.69$3,964
May 202002,24316.921.81$4,070
Apr 202002,30814.751.80$4,165
Mar 202002,42630.341.86$4,503
Feb 202002,28849.881.98$4,532
Jan 202002,50557.252.09$5,247
Dec 201902,48559.012.30$5,726
Nov 201902,48055.302.75$6,822
Oct 201902,63653.472.42$6,375
Sep 201902,95055.052.66$7,839
Aug 201901,87053.112.30$4,309
Jul 201902,33856.272.46$5,752
Jun 201902,48652.782.49$6,193
May 201902,60658.482.74$7,141
Apr 201902,61362.632.75$7,188
Mar 201902,09656.803.06$6,418
Feb 201902,31350.852.79$6,458
Jan 201902,45446.033.23$7,922
Dec 201802,41146.594.19$10,091
Nov 201802,27852.934.24$9,652
Oct 201802,37661.443.40$8,074
Sep 201802,31359.543.11$7,189
Aug 201802,41159.403.07$7,393
Jul 201802,39265.142.93$7,013
Jun 201802,37860.183.08$7,317
May 201802,75665.382.90$7,995
Apr 201802,56363.842.90$7,435
Mar 201802,72461.222.79$7,591
Feb 201802,38761.782.77$6,603
Jan 201802,70162.874.01$10,829
Dec 201702,79157.272.92$8,154
Nov 201702,34655.423.12$7,316
Oct 201702,58749.292.98$7,719
Sep 201702,66147.523.09$8,215
Aug 201702,80745.373.00$8,433
Jul 201702,80343.873.09$8,654
Jun 201702,59842.493.09$8,021
May 201702,84345.373.26$9,278
Apr 201702,64347.933.21$8,488
Mar 201702,32146.772.98$6,925
Feb 201701,96150.452.95$5,790
Jan 201702,79549.413.42$9,556
Dec 201602,77048.763.72$10,312
Nov 201602,62242.492.64$6,933
Oct 201602,99246.193.09$9,246
Sep 201602,89541.553.10$8,976
Aug 201602,82641.442.92$8,264
Jul 201603,07641.622.92$8,995
Jun 201602,92945.352.69$7,867
May 201603,02542.521.99$6,023
Apr 201602,40736.561.99$4,792
Mar 201603,06133.011.79$5,491
Feb 201602,78026.472.06$5,737
Jan 201603,13627.352.36$7,415
Dec 201513,02632.362.00$6,089
Nov 201533,17038.792.17$6,987
Oct 201583,20143.552.43$8,116
Sep 2015122,78742.992.76$8,204
Aug 201512,91640.162.87$8,416
Jul 201502,94948.152.95$8,685
Jun 201522,85256.152.88$8,334
May 201512,80155.212.96$8,333
Apr 201522,82649.822.71$7,748
Mar 201502,91042.892.93$8,540
Feb 201512,60944.662.98$7,810
Jan 201542,89743.433.10$9,156
Dec 201422,88354.693.59$10,463
Nov 201402,74170.464.25$11,654
Oct 201413,21578.303.90$12,620
Sep 2014112,73386.164.05$12,004
Aug 201402,95989.394.04$11,940
Jul 201422,93796.564.18$12,469
Jun 201412,62798.164.74$12,542
May 201402,52094.734.73$11,911
Apr 201422,74795.944.81$13,403
Mar 201402,90695.895.06$14,695
Feb 201402,66797.406.19$16,514
Jan 201423,13790.404.86$15,429
Dec 201303,59491.824.35$15,650
Nov 201301,95088.853.74$7,290
Oct 201322,85997.423.78$11,000
Sep 201303,017104.113.72$11,216
Aug 201313,189104.253.52$11,338
Jul 201313,231102.523.72$12,115
Jun 201373,19994.403.93$13,244
May 201303,25494.834.15$13,501
Apr 201323,16293.964.28$13,729
Mar 201333,22093.623.91$12,880
Feb 201332,89191.233.42$10,161
Jan 201303,22391.603.42$11,022
Dec 201223,14186.773.42$10,916
Nov 201213,31486.953.62$12,100
Oct 201233,46889.383.40$12,058
Sep 201203,37394.672.92$9,844
Aug 201203,52292.662.91$10,243
Jul 201213,58585.133.02$10,915
Jun 201203,53879.822.52$8,912
May 201203,65091.612.49$9,082
Apr 201203,531101.652.00$7,051
Mar 201213,509105.052.22$7,902
Feb 201203,314101.102.57$8,518
Jan 201203,58498.092.73$9,799
Dec 201103,63196.873.24$11,764
Nov 201103,72895.723.31$12,344
Oct 201103,91284.983.65$14,273
Sep 201103,81983.623.99$15,222
Aug 2011863,59183.404.15$22,073
Jul 201103,70494.144.52$16,732
Jun 201103,03792.904.64$14,091
May 201103,27598.134.40$14,426
Apr 201103,641105.964.33$15,777
Mar 201103,98196.364.06$16,152
Feb 201103,23985.644.18$13,539
Jan 201103,67386.504.59$16,855
Dec 201003,84885.734.35$16,730
Nov 201003,86480.843.80$14,665
Oct 201013,79578.103.51$13,394
Sep 201004,01572.633.98$15,978
Aug 201003,90073.684.42$17,236
Jul 201003,57472.554.74$16,928
Jun 201003,94870.364.91$19,386
May 20101424,07571.124.24$27,358
Apr 201004,03781.694.12$16,643
Mar 201004,13478.394.39$18,143
Feb 201013,82773.585.44$20,901
Jan 201004,22074.365.96$25,168
Dec 200904,04671.445.48$22,187
Nov 200983,98674.593.75$15,550
Oct 200914,17472.544.11$17,229
Sep 200944,11965.543.06$12,886
Aug 200954,37567.423.22$14,418
Jul 200944,43261.133.46$15,599
Jun 200934,27466.163.90$16,846
May 200964,34954.743.93$17,402
Apr 200934,44946.773.59$16,101
Mar 200967,49642.144.06$30,679
Feb 200934,66132.814.63$21,693
Jan 200925,00635.865.37$26,959
Dec 200845,18137.105.98$31,116
Nov 200805,42855.496.86$37,238
Oct 200834,85775.246.92$33,846
Sep 200834,659101.767.88$37,005
Aug 200803,149114.228.48$26,713
Jul 200844,670131.0811.39$53,713
Jun 200824,898131.3313.03$64,096
May 200834,637123.1711.57$54,039
Apr 200834,450110.3110.45$46,855
Mar 200863,279101.909.66$32,300
Feb 2008584,52892.538.77$45,080
Jan 2008106,54890.388.21$54,635
Dec 200764,27488.337.30$31,739
Nov 200744,05791.677.29$29,949
Oct 200766,20882.856.92$43,469
Sep 200714,44475.846.24$27,825
Aug 200796,27769.066.39$40,719
Jul 200767,28670.906.39$46,968
Jun 2007166,35462.007.55$48,955
May 200704,60658.747.85$36,140
Apr 200765,56059.617.81$43,755
Mar 200796,49656.927.30$47,946
Feb 200735,58555.108.22$46,052
Jan 200736,89750.306.73$46,546
Dec 200636,18356.656.92$42,947
Nov 200646,32754.207.62$48,413
Oct 2006146,99154.906.01$42,811
Sep 200647,20460.085.04$36,528
Aug 200657,24668.717.34$53,529
Jul 200618,13869.376.34$51,687
Jun 2006749,30066.286.38$64,275
May 200637,83766.016.42$50,551
Apr 200658,21364.397.36$60,774
Mar 200669,87856.707.08$70,305
Feb 200649,04657.597.75$70,347
Jan 20061611,12360.598.93$100,335
Dec 200518811,39854.9413.42$163,237
Nov 2005611,42654.6910.59$121,311
Oct 20051412,21758.3413.80$169,360
Sep 20051412,55761.4512.08$152,536
Aug 2005812,66261.519.80$124,540
Jul 2005113,44655.697.84$105,521
Jun 200517713,38752.337.38$108,072
May 20051313,65345.226.65$91,396
Apr 200518813,98249.207.36$112,164
Mar 20051414,88850.377.15$107,227
Feb 200519513,90445.226.31$96,579
Jan 20051615,93743.166.32$101,447
Dec 200422316,72139.866.75$121,774
Nov 200421518,34845.286.33$125,886
Oct 200422023,16449.706.52$161,850
Sep 200418126,67543.245.28$148,774
Aug 200417725,42342.375.55$148,614
Jul 200436335,41038.286.08$229,336
Jun 200451945,51836.106.43$311,554
May 200488951,62537.486.49$368,602
Apr 2004118,72534.475.86$109,734

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                2,381 Mcf  × $  3.05 =     $7,252

────────────────────────────────────────────────────
Month total                                   $7,252

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/202511 is the state's own key, not one this site invented.