VELENO

Name: VELENO lease production and value, Jul 2004 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by HILCORP ENERGY COMPANY (P-5 386310) 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 204137District 04Field 298012532 tax incentive programmesCondensateGasSave Export

Value, all time

$2.1 M

Jul 2004 – May 2026

Value, last 12 filed months

$33 k

at the published price for each month

Months reported

263

no gaps in the span

Streams

condensate, gas

The EXSUN (LOBO CONS.) field

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.

Programme	Filings	With an approval date	Dated	Docket
High Cost Gas	1	1	2005-11-03	158980
NGPA	1	none	—	—

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.

Stream	Basis	Volume	Value
Condensate	Disposition	2 bbl	$90
Gas	Production	356,908 Mcf	$2,093,004
Total			$2,093,094

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 26.8795, -99.2643. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.87948, -99.26434 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

11,974 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 11,974 ft.

Completions filed

Apr 2005

1 of 1 wells

1 well


42-50534753	2	11,974 ft	Apr 2005	—	—

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 2026	0	561	106.41	3.05	$1,709
Apr 2026	0	565	98.93	2.87	$1,621
Mar 2026	0	632	89.75	3.15	$1,990
Feb 2026	0	685	63.50	3.75	$2,569
Jan 2026	0	864	59.13	8.00	$6,910
Dec 2025	0	862	56.66	4.41	$3,804
Nov 2025	0	838	58.59	3.93	$3,290
Oct 2025	0	925	59.38	3.30	$3,057
Sep 2025	0	749	62.74	3.08	$2,305
Aug 2025	0	666	63.93	3.01	$2,008
Jul 2025	0	627	66.74	3.32	$2,079
Jun 2025	0	561	66.48	3.13	$1,755
May 2025	0	617	60.55	3.23	$1,994
Apr 2025	0	610	62.36	3.54	$2,161
Mar 2025	0	620	67.70	4.27	$2,646
Feb 2025	0	537	70.88	4.34	$2,331
Jan 2025	0	553	74.32	4.28	$2,366
Dec 2024	0	577	68.99	3.12	$1,801
Nov 2024	0	581	69.05	2.20	$1,277
Oct 2024	0	631	71.37	2.28	$1,440
Sep 2024	0	619	69.61	2.36	$1,464
Aug 2024	0	547	75.63	2.06	$1,129
Jul 2024	0	488	79.93	2.15	$1,048
Jun 2024	0	525	78.08	2.63	$1,383
May 2024	0	555	78.81	2.20	$1,220
Apr 2024	0	546	84.45	1.66	$906
Mar 2024	0	633	80.30	1.55	$978
Feb 2024	0	432	76.09	1.78	$771
Jan 2024	0	597	73.02	3.30	$1,969
Dec 2023	0	586	71.26	2.61	$1,530
Nov 2023	0	586	77.89	2.81	$1,645
Oct 2023	0	629	85.44	3.09	$1,942
Sep 2023	0	549	89.04	2.74	$1,502
Aug 2023	0	602	80.52	2.67	$1,609
Jul 2023	0	401	74.85	2.64	$1,059
Jun 2023	0	594	68.96	2.26	$1,342
May 2023	0	664	70.62	2.23	$1,479
Apr 2023	0	664	78.12	2.24	$1,486
Mar 2023	0	664	72.85	2.39	$1,589
Feb 2023	0	601	75.11	2.47	$1,482
Jan 2023	0	609	76.53	3.39	$2,063
Dec 2022	0	633	76.41	5.73	$3,627
Nov 2022	0	669	85.00	5.65	$3,777
Oct 2022	0	572	87.18	5.86	$3,354
Sep 2022	0	343	84.88	8.16	$2,800
Aug 2022	0	424	94.52	9.13	$3,870
Jul 2022	0	535	101.58	7.54	$4,035
Jun 2022	0	539	115.09	7.98	$4,300
May 2022	0	565	109.37	8.43	$4,765
Apr 2022	0	629	104.22	6.84	$4,301
Mar 2022	0	467	108.88	5.08	$2,371
Feb 2022	0	559	91.05	4.86	$2,716
Jan 2022	0	599	81.84	4.54	$2,718
Dec 2021	0	433	71.32	3.90	$1,688
Nov 2021	0	473	77.43	5.24	$2,477
Oct 2021	0	554	79.79	5.71	$3,165
Sep 2021	0	489	69.86	5.35	$2,617
Aug 2021	0	696	66.02	4.22	$2,938
Jul 2021	0	172	70.78	3.98	$685
Jun 2021	0	312	69.49	3.38	$1,055
May 2021	0	456	63.48	3.02	$1,376
Apr 2021	0	540	60.36	2.76	$1,490
Mar 2021	0	604	61.30	2.72	$1,641
Feb 2021	0	570	57.80	5.55	$3,162
Jan 2021	0	749	50.41	2.81	$2,105
Dec 2020	0	775	44.64	2.68	$2,073
Nov 2020	0	752	38.77	2.71	$2,035
Oct 2020	0	817	36.97	2.48	$2,025
Sep 2020	0	785	37.09	1.99	$1,563
Aug 2020	0	798	39.98	2.39	$1,903
Jul 2020	0	752	38.37	1.83	$1,372
Jun 2020	0	684	34.90	1.69	$1,156
May 2020	0	611	16.92	1.81	$1,109
Apr 2020	0	593	14.75	1.80	$1,070
Mar 2020	0	645	30.34	1.86	$1,197
Feb 2020	0	556	49.88	1.98	$1,101
Jan 2020	0	654	57.25	2.09	$1,370
Dec 2019	0	526	59.01	2.30	$1,212
Nov 2019	0	576	55.30	2.75	$1,584
Oct 2019	0	618	53.47	2.42	$1,495
Sep 2019	0	555	55.05	2.66	$1,475
Aug 2019	0	581	53.11	2.30	$1,339
Jul 2019	0	606	56.27	2.46	$1,491
Jun 2019	0	602	52.78	2.49	$1,500
May 2019	0	624	58.48	2.74	$1,710
Apr 2019	0	635	62.63	2.75	$1,747
Mar 2019	0	662	56.80	3.06	$2,027
Feb 2019	0	576	50.85	2.79	$1,608
Jan 2019	0	620	46.03	3.23	$2,001
Dec 2018	0	645	46.59	4.19	$2,700
Nov 2018	0	543	52.93	4.24	$2,301
Oct 2018	0	523	61.44	3.40	$1,777
Sep 2018	0	565	59.54	3.11	$1,756
Aug 2018	0	552	59.40	3.07	$1,693
Jul 2018	0	621	65.14	2.93	$1,821
Jun 2018	0	626	60.18	3.08	$1,926
May 2018	0	561	65.38	2.90	$1,627
Apr 2018	0	578	63.84	2.90	$1,677
Mar 2018	0	705	61.22	2.79	$1,965
Feb 2018	0	526	61.78	2.77	$1,455
Jan 2018	0	581	62.87	4.01	$2,329
Dec 2017	0	572	57.27	2.92	$1,671
Nov 2017	0	563	55.42	3.12	$1,756
Oct 2017	0	618	49.29	2.98	$1,844
Sep 2017	0	608	47.52	3.09	$1,877
Aug 2017	0	624	45.37	3.00	$1,875
Jul 2017	0	616	43.87	3.09	$1,902
Jun 2017	0	603	42.49	3.09	$1,862
May 2017	0	627	45.37	3.26	$2,046
Apr 2017	0	627	47.93	3.21	$2,014
Mar 2017	0	643	46.77	2.98	$1,919
Feb 2017	0	565	50.45	2.95	$1,668
Jan 2017	0	663	49.41	3.42	$2,267
Dec 2016	0	708	48.76	3.72	$2,636
Nov 2016	0	576	42.49	2.64	$1,523
Oct 2016	0	682	46.19	3.09	$2,108
Sep 2016	0	672	41.55	3.10	$2,084
Aug 2016	0	678	41.44	2.92	$1,983
Jul 2016	0	647	41.62	2.92	$1,892
Jun 2016	0	650	45.35	2.69	$1,746
May 2016	0	628	42.52	1.99	$1,250
Apr 2016	0	580	36.56	1.99	$1,155
Mar 2016	0	669	33.01	1.79	$1,200
Feb 2016	0	705	26.47	2.06	$1,455
Jan 2016	0	754	27.35	2.36	$1,783
Dec 2015	0	927	32.36	2.00	$1,855
Nov 2015	0	903	38.79	2.17	$1,957
Oct 2015	0	875	43.55	2.43	$2,123
Sep 2015	0	609	42.99	2.76	$1,680
Aug 2015	0	820	40.16	2.87	$2,355
Jul 2015	0	885	48.15	2.95	$2,606
Jun 2015	0	866	56.15	2.88	$2,497
May 2015	0	900	55.21	2.96	$2,660
Apr 2015	0	936	49.82	2.71	$2,533
Mar 2015	0	1,057	42.89	2.93	$3,102
Feb 2015	0	959	44.66	2.98	$2,854
Jan 2015	0	1,230	43.43	3.10	$3,814
Dec 2014	0	398	54.69	3.59	$1,429
Nov 2014	0	774	70.46	4.25	$3,291
Oct 2014	0	656	78.30	3.90	$2,559
Sep 2014	0	629	86.16	4.05	$2,545
Aug 2014	0	759	89.39	4.04	$3,063
Jul 2014	0	1,114	96.56	4.18	$4,656
Jun 2014	0	908	98.16	4.74	$4,301
May 2014	0	963	94.73	4.73	$4,552
Apr 2014	0	941	95.94	4.81	$4,525
Mar 2014	0	1,000	95.89	5.06	$5,057
Feb 2014	0	905	97.40	6.19	$5,604
Jan 2014	0	1,019	90.40	4.86	$4,953
Dec 2013	0	1,051	91.82	4.35	$4,577
Nov 2013	0	1,127	88.85	3.74	$4,213
Oct 2013	0	1,342	97.42	3.78	$5,072
Sep 2013	0	1,345	104.11	3.72	$5,000
Aug 2013	0	569	104.25	3.52	$2,004
Jul 2013	0	0	102.52	3.72	$0
Jun 2013	0	642	94.40	3.93	$2,525
May 2013	0	1,063	94.83	4.15	$4,410
Apr 2013	0	1,055	93.96	4.28	$4,518
Mar 2013	0	1,071	93.62	3.91	$4,191
Feb 2013	0	961	91.23	3.42	$3,287
Jan 2013	0	1,159	91.60	3.42	$3,964
Dec 2012	0	1,208	86.77	3.42	$4,132
Nov 2012	0	1,159	86.95	3.62	$4,201
Oct 2012	0	1,180	89.38	3.40	$4,012
Sep 2012	0	1,098	94.67	2.92	$3,204
Aug 2012	0	1,230	92.66	2.91	$3,577
Jul 2012	0	1,218	85.13	3.02	$3,679
Jun 2012	0	1,187	79.82	2.52	$2,990
May 2012	0	1,271	91.61	2.49	$3,163
Apr 2012	0	1,260	101.65	2.00	$2,516
Mar 2012	0	1,252	105.05	2.22	$2,782
Feb 2012	0	1,194	101.10	2.57	$3,069
Jan 2012	0	1,268	98.09	2.73	$3,467
Dec 2011	0	1,323	96.87	3.24	$4,286
Nov 2011	0	1,394	95.72	3.31	$4,616
Oct 2011	0	1,539	84.98	3.65	$5,615
Sep 2011	0	1,689	83.62	3.99	$6,732
Aug 2011	0	1,425	83.40	4.15	$5,913
Jul 2011	0	1,475	94.14	4.52	$6,663
Jun 2011	0	1,513	92.90	4.64	$7,020
May 2011	0	1,711	98.13	4.40	$7,537
Apr 2011	0	1,099	105.96	4.33	$4,762
Mar 2011	0	1,828	96.36	4.06	$7,417
Feb 2011	0	1,490	85.64	4.18	$6,228
Jan 2011	0	2,135	86.50	4.59	$9,797
Dec 2010	0	665	85.73	4.35	$2,891
Nov 2010	0	353	80.84	3.80	$1,340
Oct 2010	0	498	78.10	3.51	$1,747
Sep 2010	0	337	72.63	3.98	$1,341
Aug 2010	0	459	73.68	4.42	$2,028
Jul 2010	0	329	72.55	4.74	$1,558
Jun 2010	0	326	70.36	4.91	$1,601
May 2010	0	545	71.12	4.24	$2,308
Apr 2010	0	1,472	81.69	4.12	$6,069
Mar 2010	0	1,557	78.39	4.39	$6,833
Feb 2010	0	1,509	73.58	5.44	$8,213
Jan 2010	0	8,678	74.36	5.96	$51,756
Dec 2009	0	1,748	71.44	5.48	$9,586
Nov 2009	0	1,774	74.59	3.75	$6,655
Oct 2009	0	1,244	72.54	4.11	$5,113
Sep 2009	0	2,041	65.54	3.06	$6,255
Aug 2009	0	39	67.42	3.22	$126
Jul 2009	0	512	61.13	3.46	$1,774
Jun 2009	0	736	66.16	3.90	$2,867
May 2009	0	2,028	54.74	3.93	$7,961
Apr 2009	0	2,038	46.77	3.59	$7,311
Mar 2009	0	2,157	42.14	4.06	$8,755
Feb 2009	0	2,028	32.81	4.63	$9,396
Jan 2009	0	2,243	35.86	5.37	$12,047
Dec 2008	0	2,289	37.10	5.98	$13,682
Nov 2008	0	2,260	55.49	6.86	$15,504
Oct 2008	0	2,377	75.24	6.92	$16,454
Sep 2008	0	2,377	101.76	7.88	$18,724
Aug 2008	0	2,182	114.22	8.48	$18,510
Jul 2008	0	1,158	131.08	11.39	$13,189
Jun 2008	0	1,514	131.33	13.03	$19,731
May 2008	0	2,341	123.17	11.57	$27,095
Apr 2008	0	2,477	110.31	10.45	$25,897
Mar 2008	0	2,560	101.90	9.66	$24,740
Feb 2008	0	1,933	92.53	8.77	$16,954
Jan 2008	0	2,077	90.38	8.21	$17,043
Dec 2007	0	2,175	88.33	7.30	$15,882
Nov 2007	0	1,963	91.67	7.29	$14,314
Oct 2007	0	2,526	82.85	6.92	$17,485
Sep 2007	0	2,424	75.84	6.24	$15,136
Aug 2007	0	2,410	69.06	6.39	$15,395
Jul 2007	0	1,558	70.90	6.39	$9,952
Jun 2007	0	1,900	62.00	7.55	$14,342
May 2007	0	1,374	58.74	7.85	$10,781
Apr 2007	0	2,450	59.61	7.81	$19,123
Mar 2007	0	2,541	56.92	7.30	$18,554
Feb 2007	0	4,102	55.10	8.22	$33,702
Jan 2007	0	5,584	50.30	6.73	$37,563
Dec 2006	0	5,273	56.65	6.92	$36,481
Nov 2006	0	6,721	54.20	7.62	$51,197
Oct 2006	0	3,522	54.90	6.01	$21,181
Sep 2006	0	4,230	60.08	5.04	$21,307
Aug 2006	0	5,016	68.71	7.34	$36,817
Jul 2006	0	5,489	69.37	6.34	$34,815
Jun 2006	0	4,261	66.28	6.38	$27,202
May 2006	0	3,422	66.01	6.42	$21,986
Apr 2006	0	3,462	64.39	7.36	$25,482
Mar 2006	0	3,852	56.70	7.08	$27,283
Feb 2006	0	3,763	57.59	7.75	$29,167
Jan 2006	0	4,433	60.59	8.93	$39,601
Dec 2005	0	5,249	54.94	13.42	$70,417
Nov 2005	0	7,122	54.69	10.59	$75,411
Oct 2005	0	3,469	58.34	13.80	$47,857
Sep 2005	0	3,739	61.45	12.08	$45,163
Aug 2005	0	4,099	61.51	9.80	$40,157
Jul 2005	0	5,331	55.69	7.84	$41,814
Jun 2005	0	6,857	52.33	7.38	$50,612
May 2005	2	8,507	45.22	6.65	$56,672
Apr 2005	0	25,818	49.20	7.36	$190,033
Mar 2005	0	0	50.37	7.15	$0
Feb 2005	0	0	45.22	6.31	$0
Jan 2005	0	0	43.16	6.32	$0
Dec 2004	0	0	39.86	6.75	$0
Nov 2004	0	0	45.28	6.33	$0
Oct 2004	0	0	49.70	6.52	$0
Sep 2004	0	0	43.24	5.28	$0
Aug 2004	0	0	42.37	5.55	$0
Jul 2004	0	0	38.28	6.08	$0

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                  561 Mcf  × $  3.05 =     $1,709

────────────────────────────────────────────────────
Month total                                   $1,709

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/204137 is the state's own key, not one this site invented.