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 203851District 04Field 298012532 tax incentive programmesGasSaveExport
Value, all time
$5.3 M
Jul 2004 – May 2026
Value, last 12 filed months
$6 k
at the published price for each month
Months reported
263
no gaps in the span
Streams
1
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 Gas112006-08-30169731
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
GasProduction825,603 Mcf$5,294,879
Total$5,294,879

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 26.9008, -99.2452. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.90079, -99.24524 · 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
10,350 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 10,350 ft.

Completions filed
Feb 2006
1 of 1 wells

1 well

42-50534996410,350 ftFeb 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 (263)

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

263 months

May 20260106.413.05$0
Apr 20268998.932.87$255
Mar 202614089.753.15$441
Feb 202610463.503.75$390
Jan 202614159.138.00$1,128
Dec 202514056.664.41$618
Nov 202513258.593.93$518
Oct 202512959.383.30$426
Sep 202512762.743.08$391
Aug 202512663.933.01$380
Jul 202525866.743.32$855
Jun 202530066.483.13$939
May 202529360.553.23$947
Apr 202530362.363.54$1,074
Mar 202531067.704.27$1,323
Feb 202527870.884.34$1,207
Jan 202530074.324.28$1,284
Dec 202433868.993.12$1,055
Nov 202434269.052.20$752
Oct 202435271.372.28$803
Sep 202434869.612.36$823
Aug 202437675.632.06$776
Jul 202433179.932.15$711
Jun 202437078.082.63$975
May 202431678.812.20$695
Apr 202436984.451.66$612
Mar 202437880.301.55$584
Feb 202434876.091.78$621
Jan 202439973.023.30$1,316
Dec 202340071.262.61$1,044
Nov 202341577.892.81$1,165
Oct 202341685.443.09$1,284
Sep 202338589.042.74$1,053
Aug 202342480.522.67$1,133
Jul 202334874.852.64$919
Jun 202340168.962.26$906
May 202341270.622.23$918
Apr 202341978.122.24$938
Mar 202339972.852.39$955
Feb 202330175.112.47$742
Jan 202335076.533.39$1,186
Dec 202236076.415.73$2,062
Nov 202238985.005.65$2,196
Oct 202242987.185.86$2,516
Sep 202241984.888.16$3,421
Aug 202243094.529.13$3,925
Jul 2022426101.587.54$3,213
Jun 2022421115.097.98$3,358
May 2022439109.378.43$3,702
Apr 2022412104.226.84$2,817
Mar 2022453108.885.08$2,300
Feb 202242391.054.86$2,055
Jan 202248781.844.54$2,210
Dec 202153171.323.90$2,070
Nov 202145477.435.24$2,378
Oct 202147779.795.71$2,726
Sep 202152269.865.35$2,793
Aug 202153066.024.22$2,237
Jul 202154670.783.98$2,174
Jun 202154669.493.38$1,846
May 202156963.483.02$1,717
Apr 202153660.362.76$1,479
Mar 202157961.302.72$1,573
Feb 202154757.805.55$3,035
Jan 202156850.412.81$1,596
Dec 202059044.642.68$1,579
Nov 202061238.772.71$1,656
Oct 202054136.972.48$1,341
Sep 202055437.091.99$1,103
Aug 202061239.982.39$1,460
Jul 202063638.371.83$1,161
Jun 202057834.901.69$977
May 202059316.921.81$1,076
Apr 202057014.751.80$1,029
Mar 202059930.341.86$1,112
Feb 202058349.881.98$1,155
Jan 202062457.252.09$1,307
Dec 201962359.012.30$1,436
Nov 201958855.302.75$1,617
Oct 201960653.472.42$1,466
Sep 201960655.052.66$1,610
Aug 201968953.112.30$1,588
Jul 201962856.272.46$1,545
Jun 201962552.782.49$1,557
May 201965358.482.74$1,789
Apr 201963962.632.75$1,758
Mar 201966756.803.06$2,042
Feb 201960150.852.79$1,678
Jan 201968446.033.23$2,208
Dec 201868846.594.19$2,880
Nov 201867052.934.24$2,839
Oct 201871061.443.40$2,413
Sep 201869059.543.11$2,145
Aug 201872059.403.07$2,208
Jul 201869965.142.93$2,049
Jun 201871260.183.08$2,191
May 201874965.382.90$2,173
Apr 201874663.842.90$2,164
Mar 201877761.222.79$2,165
Feb 201871961.782.77$1,989
Jan 201883462.874.01$3,344
Dec 201782257.272.92$2,401
Nov 201777055.423.12$2,401
Oct 201783249.292.98$2,482
Sep 201781747.523.09$2,522
Aug 201785245.373.00$2,560
Jul 201787543.873.09$2,701
Jun 201784742.493.09$2,615
May 201789545.373.26$2,921
Apr 201785447.933.21$2,743
Mar 201789646.772.98$2,673
Feb 201781450.452.95$2,403
Jan 201794449.413.42$3,227
Dec 201695148.763.72$3,540
Nov 201690942.492.64$2,404
Oct 201695546.193.09$2,951
Sep 201694041.553.10$2,915
Aug 20161,01441.442.92$2,965
Jul 20161,01541.622.92$2,968
Jun 201698445.352.69$2,643
May 20161,03742.521.99$2,065
Apr 20161,02836.561.99$2,047
Mar 20161,07433.011.79$1,927
Feb 20161,03626.472.06$2,138
Jan 20161,15927.352.36$2,740
Dec 20151,16832.362.00$2,338
Nov 20151,15738.792.17$2,508
Oct 20151,21843.552.43$2,956
Sep 20151,15442.992.76$3,183
Aug 20151,18240.162.87$3,395
Jul 20151,20648.152.95$3,552
Jun 20151,09156.152.88$3,145
May 20151,28455.212.96$3,795
Apr 20151,09049.822.71$2,950
Mar 20151,28942.892.93$3,783
Feb 20151,13244.662.98$3,369
Jan 20151,18543.433.10$3,674
Dec 20141,23054.693.59$4,417
Nov 20141,28070.464.25$5,442
Oct 20141,32778.303.90$5,177
Sep 20141,37586.164.05$5,562
Aug 20141,23889.394.04$4,995
Jul 20141,25396.564.18$5,237
Jun 20141,30398.164.74$6,172
May 20141,39394.734.73$6,584
Apr 20141,37195.944.81$6,593
Mar 20141,46995.895.06$7,428
Feb 20141,33297.406.19$8,248
Jan 20141,57890.404.86$7,670
Dec 20131,67691.824.35$7,298
Nov 20131,57988.853.74$5,903
Oct 20131,70397.423.78$6,436
Sep 20132,476104.113.72$9,205
Aug 2013622104.253.52$2,191
Jul 2013769102.523.72$2,859
Jun 20131,39494.403.93$5,483
May 20131,57594.834.15$6,535
Apr 20131,56093.964.28$6,681
Mar 20131,60693.623.91$6,284
Feb 20131,60691.233.42$5,492
Jan 20131,55891.603.42$5,328
Dec 20121,73586.773.42$5,934
Nov 20121,72986.953.62$6,268
Oct 20121,86989.383.40$6,354
Sep 20121,65794.672.92$4,836
Aug 20121,75592.662.91$5,104
Jul 20121,95485.133.02$5,903
Jun 20121,84479.822.52$4,645
May 20121,71691.612.49$4,270
Apr 20121,599101.652.00$3,193
Mar 20121,919105.052.22$4,264
Feb 20121,886101.102.57$4,847
Jan 20121,74498.092.73$4,768
Dec 20111,85896.873.24$6,019
Nov 20111,71095.723.31$5,662
Oct 20111,97584.983.65$7,206
Sep 20111,90083.623.99$7,573
Aug 20111,98583.404.15$8,236
Jul 20112,07994.144.52$9,391
Jun 20112,06592.904.64$9,581
May 20112,20798.134.40$9,721
Apr 20112,066105.964.33$8,953
Mar 20112,19596.364.06$8,906
Feb 20111,94685.644.18$8,134
Jan 20112,28286.504.59$10,472
Dec 20102,39785.734.35$10,422
Nov 20102,31180.843.80$8,771
Oct 20102,15578.103.51$7,562
Sep 20102,37772.633.98$9,459
Aug 20102,40173.684.42$10,611
Jul 20102,81772.554.74$13,343
Jun 20102,00970.364.91$9,865
May 20102,68371.124.24$11,363
Apr 20102,29581.694.12$9,462
Mar 20102,50178.394.39$10,976
Feb 20102,22473.585.44$12,104
Jan 20102,65374.365.96$15,823
Dec 20092,64371.445.48$14,494
Nov 20092,75774.593.75$10,343
Oct 20092,97472.544.11$12,224
Sep 20092,92865.543.06$8,974
Aug 20093,03367.423.22$9,762
Jul 20093,16261.133.46$10,955
Jun 20093,04166.163.90$11,845
May 20093,27854.743.93$12,869
Apr 20093,15946.773.59$11,333
Mar 20093,23742.144.06$13,139
Feb 20092,85932.814.63$13,246
Jan 20093,14835.865.37$16,908
Dec 20083,16237.105.98$18,900
Nov 20083,21255.496.86$22,035
Oct 20083,31575.246.92$22,946
Sep 20083,395101.767.88$26,743
Aug 20083,641114.228.48$30,887
Jul 20083,702131.0811.39$42,164
Jun 20083,688131.3313.03$48,064
May 20083,893123.1711.57$45,059
Apr 20083,778110.3110.45$39,498
Mar 20084,013101.909.66$38,782
Feb 20084,14992.538.77$36,389
Jan 20084,22590.388.21$34,669
Dec 20074,91788.337.30$35,904
Nov 20074,78191.677.29$34,862
Oct 20074,98282.856.92$34,485
Sep 20075,29375.846.24$33,050
Aug 20075,86169.066.39$37,440
Jul 20075,16770.906.39$33,006
Jun 20075,24362.007.55$39,577
May 20076,07558.747.85$47,666
Apr 20076,19159.617.81$48,322
Mar 20075,44256.927.30$39,737
Feb 20076,15655.108.22$50,578
Jan 20076,63850.306.73$44,653
Dec 20066,86056.656.92$47,461
Nov 20066,65054.207.62$50,656
Oct 20066,98254.906.01$41,988
Sep 20067,21560.085.04$36,343
Aug 2006068.717.34$0
Jul 20068,89969.376.34$56,444
Jun 20069,49166.286.38$60,589
May 200610,26466.016.42$65,946
Apr 200611,05064.397.36$81,333
Mar 200611,99256.707.08$84,938
Feb 200610,02857.597.75$77,728
Jan 200612,19660.598.93$108,951
Dec 200513,55654.9413.42$181,859
Nov 200513,44554.6910.59$142,361
Oct 200514,39658.3413.80$198,604
Sep 200514,60161.4512.08$176,365
Aug 200516,19361.519.80$158,640
Jul 200517,71055.697.84$138,911
Jun 200518,08752.337.38$133,501
May 200519,32745.226.65$128,547
Apr 200517,27849.207.36$127,174
Mar 200519,83050.377.15$141,881
Feb 200520,44545.226.31$129,047
Jan 200520,91443.166.32$132,222
Dec 200428,07539.866.75$189,537
Nov 200433,34945.286.33$211,113
Oct 200425,10349.706.52$163,549
Sep 200432,75843.245.28$173,090
Aug 200455,55642.375.55$308,372
Jul 20043,95338.286.08$24,051

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
Gas                   89 Mcf  × $  2.87 =       $255

────────────────────────────────────────────────────
Month total                                     $255

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/203851 is the state's own key, not one this site invented.