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 202932District 04Field 298012532 tax incentive programmesCondensateGasSaveExport
Value, all time
$29.9 M
Jun 2004 – May 2026
Value, last 12 filed months
$54 k
at the published price for each month
Months reported
264
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 Gas112006-08-30169730
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
CondensateDisposition12 bbl$968
GasProduction4,590,202 Mcf$29,897,465
Total$29,898,433

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 26.8992, -99.2404. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.89916, -99.24043 · 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
11,000 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 11,000 ft.

Completions filed
May 2006
1 of 1 wells

1 well

42-50534997311,000 ftMay 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 (264)

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

264 months

May 202600106.413.05$0
Apr 2026093598.932.87$2,683
Mar 202601,39889.753.15$4,403
Feb 2026081663.503.75$3,060
Jan 202601,37559.138.00$10,997
Dec 202501,35256.664.41$5,967
Nov 202501,30258.593.93$5,112
Oct 202501,28359.383.30$4,240
Sep 202501,25162.743.08$3,849
Aug 202501,24663.933.01$3,756
Jul 202501,38766.743.32$4,598
Jun 202501,71966.483.13$5,378
May 202501,77660.553.23$5,741
Apr 202501,76762.363.54$6,261
Mar 202501,80667.704.27$7,709
Feb 202501,62570.884.34$7,054
Jan 202501,74274.324.28$7,453
Dec 202401,96468.993.12$6,130
Nov 202401,99769.052.20$4,390
Oct 202402,06671.372.28$4,713
Sep 202402,03169.612.36$4,802
Aug 202402,19475.632.06$4,528
Jul 202401,93079.932.15$4,143
Jun 202401,47178.082.63$3,875
May 202401,82078.812.20$4,001
Apr 202401,90084.451.66$3,152
Mar 202401,83380.301.55$2,832
Feb 202401,77276.091.78$3,161
Jan 202401,68173.023.30$5,543
Dec 202301,90071.262.61$4,960
Nov 202301,95577.892.81$5,489
Oct 202302,30685.443.09$7,119
Sep 202302,22489.042.74$6,083
Aug 202302,58880.522.67$6,917
Jul 202302,28474.852.64$6,034
Jun 202302,45568.962.26$5,545
May 202302,90870.622.23$6,477
Apr 202302,82578.122.24$6,322
Mar 202302,96072.852.39$7,084
Feb 202302,12675.112.47$5,242
Jan 202302,43276.533.39$8,239
Dec 202202,48976.415.73$14,260
Nov 202202,64885.005.65$14,951
Oct 202202,93487.185.86$17,204
Sep 202202,89184.888.16$23,601
Aug 202202,90294.529.13$26,487
Jul 202202,851101.587.54$21,502
Jun 202202,843115.097.98$22,679
May 202202,931109.378.43$24,717
Apr 202202,924104.226.84$19,993
Mar 202202,954108.885.08$14,996
Feb 202202,56891.054.86$12,478
Jan 202202,81281.844.54$12,760
Dec 202102,85171.323.90$11,116
Nov 202102,73777.435.24$14,333
Oct 202102,94079.795.71$16,799
Sep 202103,13669.865.35$16,780
Aug 202103,52566.024.22$14,878
Jul 202103,33770.783.98$13,288
Jun 202103,35769.493.38$11,349
May 202103,53063.483.02$10,652
Apr 202103,49660.362.76$9,643
Mar 202103,45661.302.72$9,390
Feb 202103,17557.805.55$17,615
Jan 202104,00050.412.81$11,241
Dec 202003,06544.642.68$8,200
Nov 202003,02138.772.71$8,177
Oct 202003,20336.972.48$7,938
Sep 202003,10237.091.99$6,176
Aug 202003,50539.982.39$8,360
Jul 202003,10838.371.83$5,672
Jun 202003,67534.901.69$6,212
May 202002,91216.921.81$5,285
Apr 202002,63514.751.80$4,755
Mar 202003,15630.341.86$5,858
Feb 202003,10149.881.98$6,142
Jan 202003,19457.252.09$6,691
Dec 201902,81959.012.30$6,496
Nov 201903,21555.302.75$8,844
Oct 201903,14353.472.42$7,601
Sep 201903,44355.052.66$9,149
Aug 201903,24653.112.30$7,480
Jul 201903,39456.272.46$8,349
Jun 201903,15552.782.49$7,860
May 201903,43558.482.74$9,413
Apr 201903,24162.632.75$8,915
Mar 201903,23956.803.06$9,918
Feb 201903,08850.852.79$8,622
Jan 201903,14746.033.23$10,159
Dec 201803,06746.594.19$12,837
Nov 201803,20552.934.24$13,580
Oct 201813,27161.443.40$11,177
Sep 201803,36959.543.11$10,471
Aug 201803,39459.403.07$10,408
Jul 201803,33065.142.93$9,763
Jun 201803,14760.183.08$9,683
May 201803,63465.382.90$10,542
Apr 201803,34863.842.90$9,712
Mar 201803,64061.222.79$10,144
Feb 201803,48161.782.77$9,629
Jan 201803,33962.874.01$13,387
Dec 201703,56657.272.92$10,418
Nov 201703,62155.423.12$11,292
Oct 201703,78349.292.98$11,287
Sep 201703,48747.523.09$10,765
Aug 201703,66445.373.00$11,008
Jul 201704,27443.873.09$13,195
Jun 201703,38342.493.09$10,444
May 201703,88545.373.26$12,678
Apr 201703,67547.933.21$11,803
Mar 201703,94246.772.98$11,762
Feb 201703,61850.452.95$10,683
Jan 201704,08349.413.42$13,959
Dec 201604,03848.763.72$15,033
Nov 201603,96642.492.64$10,487
Oct 201604,27746.193.09$13,217
Sep 201604,21341.553.10$13,063
Aug 201604,23341.442.92$12,379
Jul 201604,14841.622.92$12,130
Jun 201604,38145.352.69$11,767
May 201604,46442.521.99$8,888
Apr 201604,24036.561.99$8,442
Mar 201604,22533.011.79$7,580
Feb 201603,85826.472.06$7,961
Jan 201604,58427.352.36$10,838
Dec 201504,35132.362.00$8,708
Nov 201504,14938.792.17$8,992
Oct 201504,33743.552.43$10,524
Sep 201504,31542.992.76$11,903
Aug 201504,14840.162.87$11,915
Jul 201505,13548.152.95$15,123
Jun 201505,30756.152.88$15,299
May 201505,66255.212.96$16,734
Apr 201505,19749.822.71$14,066
Mar 201505,56942.892.93$16,343
Feb 201505,06244.662.98$15,065
Jan 201505,40543.433.10$16,759
Dec 201405,83354.693.59$20,948
Nov 201405,70070.464.25$24,235
Oct 201416,14478.303.90$24,046
Sep 201406,07286.164.05$24,564
Aug 201405,54389.394.04$22,367
Jul 201405,90996.564.18$24,697
Jun 201405,99198.164.74$28,379
May 201406,39994.734.73$30,245
Apr 201406,27095.944.81$30,153
Mar 201446,76995.895.06$34,613
Feb 201406,38797.406.19$39,548
Jan 201406,83090.404.86$33,199
Dec 201307,36891.824.35$32,084
Nov 201307,23488.853.74$27,043
Oct 201307,88797.423.78$29,808
Sep 2013010,335104.113.72$38,423
Aug 201301,704104.253.52$6,003
Jul 201303,955102.523.72$14,704
Jun 201306,03994.403.93$23,754
May 201307,06494.834.15$29,309
Apr 201307,49493.964.28$32,094
Mar 201307,89593.623.91$30,892
Feb 201306,58091.233.42$22,503
Jan 201307,72191.603.42$26,405
Dec 201207,63686.773.42$26,116
Nov 201207,10686.953.62$25,759
Oct 201207,64489.383.40$25,987
Sep 201207,42994.672.92$21,681
Aug 201207,85192.662.91$22,832
Jul 201208,51385.133.02$25,716
Jun 201206,97979.822.52$17,580
May 201208,44291.612.49$21,006
Apr 201208,423101.652.00$16,819
Mar 201208,902105.052.22$19,781
Feb 201208,446101.102.57$21,708
Jan 201208,31498.092.73$22,731
Dec 201108,56396.873.24$27,742
Nov 201108,67995.723.31$28,739
Oct 201109,42284.983.65$34,377
Sep 201108,77983.623.99$34,991
Aug 201109,05183.404.15$37,556
Jul 201109,30394.144.52$42,024
Jun 201109,68592.904.64$44,937
May 201109,39998.134.40$41,401
Apr 201109,302105.964.33$40,308
Mar 2011010,01296.364.06$40,622
Feb 201109,07585.644.18$37,933
Jan 2011010,59286.504.59$48,604
Dec 2010010,53585.734.35$45,804
Nov 2010010,61280.843.80$40,276
Oct 2010111,30678.103.51$39,750
Sep 2010011,02872.633.98$43,886
Aug 2010011,55773.684.42$51,075
Jul 2010011,70372.554.74$55,431
Jun 2010011,49570.364.91$56,445
May 2010111,66671.124.24$49,479
Apr 2010013,98081.694.12$57,635
Mar 2010012,57478.394.39$55,183
Feb 2010011,42873.585.44$62,195
Jan 2010112,63574.365.96$75,431
Dec 2009114,00771.445.48$76,882
Nov 2009213,34974.593.75$50,228
Oct 2009014,69272.544.11$60,388
Sep 2009014,56265.543.06$44,629
Aug 2009015,62367.423.22$50,283
Jul 2009016,35261.133.46$56,652
Jun 2009015,53166.163.90$60,493
May 2009015,92354.743.93$62,510
Apr 2009015,29946.773.59$54,885
Mar 2009015,95642.144.06$64,765
Feb 2009013,46532.814.63$62,383
Jan 2009015,09435.865.37$81,070
Dec 2008014,29037.105.98$85,413
Nov 2008015,81955.496.86$108,524
Oct 2008016,80575.246.92$116,324
Sep 2008016,595101.767.88$130,720
Aug 2008017,392114.228.48$147,537
Jul 2008019,343131.0811.39$220,306
Jun 2008018,319131.3313.03$238,745
May 2008017,835123.1711.57$206,427
Apr 2008016,825110.3110.45$175,903
Mar 2008018,485101.909.66$178,640
Feb 2008018,30492.538.77$160,537
Jan 2008019,07490.388.21$156,516
Dec 2007019,30588.337.30$140,965
Nov 2007021,05291.677.29$153,505
Oct 2007021,05982.856.92$145,770
Sep 2007021,21475.846.24$132,464
Aug 2007027,31369.066.39$174,474
Jul 2007029,19070.906.39$186,464
Jun 2007029,70762.007.55$224,242
May 2007031,93058.747.85$250,532
Apr 2007031,52059.617.81$246,020
Mar 2007028,74456.927.30$209,888
Feb 2007031,36255.108.22$257,670
Jan 2007036,62850.306.73$246,391
Dec 2006035,45056.656.92$245,259
Nov 2006037,64554.207.62$286,760
Oct 2006041,76154.906.01$251,142
Sep 2006041,72160.085.04$210,157
Aug 2006046,53168.717.34$341,534
Jul 2006046,79869.376.34$296,828
Jun 2006048,09766.286.38$307,045
May 2006045,85366.016.42$294,606
Apr 2006055,77564.397.36$410,531
Mar 2006062,24756.707.08$440,891
Feb 2006058,91657.597.75$456,665
Jan 2006068,92260.598.93$615,702
Dec 2005073,05654.9413.42$980,075
Nov 2005073,58654.6910.59$779,158
Oct 2005081,61458.3413.80$1,125,927
Sep 2005085,29361.4512.08$1,030,254
Aug 2005095,25961.519.80$933,237
Jul 2005097,12655.697.84$761,821
Jun 20050105,36852.337.38$777,725
May 20050119,66645.226.65$795,918
Apr 20050127,81049.207.36$940,743
Mar 20050108,54350.377.15$776,612
Feb 20050107,30045.226.31$677,269
Jan 20050127,21643.166.32$804,285
Dec 20040146,28539.866.75$987,582
Nov 20040157,64445.286.33$997,953
Oct 20040188,68949.706.52$1,229,328
Sep 20040212,39643.245.28$1,122,279
Aug 20040228,71242.375.55$1,269,503
Jul 20040202,78038.286.08$1,233,750
Jun 2004022,59036.106.43$145,322

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.

Apr 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $ 98.93 =         $0
Gas                  935 Mcf  × $  2.87 =     $2,683

────────────────────────────────────────────────────
Month total                                   $2,683

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/202932 is the state's own key, not one this site invented.