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 205381District 04Field 298012532 tax incentive programmesCondensateGasSaveExport
Value, all time
$11.0 M
Sep 2004 – May 2026
Value, last 12 filed months
$51 k
at the published price for each month
Months reported
261
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 Gas112006-08-30169732
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
CondensateDisposition7 bbl$506
GasProduction1,749,106 Mcf$10,954,956
Total$10,955,461

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 26.8970, -99.2346. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.89699, -99.23460 · 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
Aug 2005
1 of 1 wells

1 well

42-50535076510,350 ftAug 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 (261)

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

261 months

May 202600106.413.05$0
Apr 202601,24998.932.87$3,584
Mar 202601,19989.753.15$3,776
Feb 202601,21263.503.75$4,545
Jan 202601,02159.138.00$8,166
Dec 202501,39656.664.41$6,161
Nov 202501,52858.593.93$6,000
Oct 202501,38159.383.30$4,564
Sep 202501,03362.743.08$3,178
Aug 202501,39063.933.01$4,191
Jul 202501,04966.743.32$3,478
Jun 202501,10466.483.13$3,454
May 202501,14760.553.23$3,707
Apr 202501,09162.363.54$3,866
Mar 202501,03567.704.27$4,418
Feb 2025087270.884.34$3,785
Jan 2025056374.324.28$2,409
Dec 2024038168.993.12$1,189
Nov 2024019969.052.20$437
Oct 2024011271.372.28$256
Sep 202405169.612.36$121
Aug 202402575.632.06$52
Jul 20240079.932.15$0
Jun 202401278.082.63$32
May 202409078.812.20$198
Apr 2024019884.451.66$329
Mar 2024042980.301.55$663
Feb 2024036176.091.78$644
Jan 2024050373.023.30$1,659
Dec 2023069971.262.61$1,825
Nov 2023074677.892.81$2,094
Oct 2023027085.443.09$834
Sep 2023034089.042.74$930
Aug 2023051080.522.67$1,363
Jul 2023053074.852.64$1,400
Jun 2023074868.962.26$1,689
May 2023099070.622.23$2,205
Apr 2023089178.122.24$1,994
Mar 2023088572.852.39$2,118
Feb 2023090075.112.47$2,219
Jan 202301,10976.533.39$3,757
Dec 202201,32276.415.73$7,574
Nov 202201,12385.005.65$6,341
Oct 202201,21987.185.86$7,148
Sep 202201,28784.888.16$10,507
Aug 202201,31694.529.13$12,011
Jul 202201,196101.587.54$9,020
Jun 202201,235115.097.98$9,852
May 202201,278109.378.43$10,777
Apr 202201,254104.226.84$8,574
Mar 202201,350108.885.08$6,853
Feb 202201,23591.054.86$6,001
Jan 202201,26981.844.54$5,758
Dec 202101,32171.323.90$5,151
Nov 202101,31477.435.24$6,881
Oct 202101,30679.795.71$7,462
Sep 202101,46169.865.35$7,818
Aug 202101,45066.024.22$6,120
Jul 202101,45570.783.98$5,794
Jun 202101,45269.493.38$4,909
May 202101,63163.483.02$4,922
Apr 202101,59760.362.76$4,405
Mar 202101,74061.302.72$4,727
Feb 202101,56257.805.55$8,666
Jan 202101,72550.412.81$4,848
Dec 202001,73344.642.68$4,637
Nov 202001,64138.772.71$4,441
Oct 202001,60136.972.48$3,968
Sep 202001,62337.091.99$3,231
Aug 202001,76639.982.39$4,212
Jul 202001,81338.371.83$3,309
Jun 202001,65534.901.69$2,797
May 202001,77616.921.81$3,223
Apr 202001,67714.751.80$3,026
Mar 202001,76830.341.86$3,282
Feb 202001,70249.881.98$3,371
Jan 202001,89057.252.09$3,959
Dec 201901,79559.012.30$4,136
Nov 201901,88055.302.75$5,171
Oct 201901,89253.472.42$4,576
Sep 201901,75755.052.66$4,669
Aug 201901,92053.112.30$4,424
Jul 201901,98456.272.46$4,881
Jun 201901,91352.782.49$4,766
May 201901,89358.482.74$5,187
Apr 201901,94062.632.75$5,336
Mar 201902,02556.803.06$6,201
Feb 201901,79250.852.79$5,004
Jan 201901,97646.033.23$6,379
Dec 201802,00446.594.19$8,388
Nov 201802,05552.934.24$8,708
Oct 201812,10261.443.40$7,204
Sep 201812,05159.543.11$6,434
Aug 201802,16759.403.07$6,645
Jul 201802,13965.142.93$6,271
Jun 201802,19060.183.08$6,738
May 201802,29365.382.90$6,652
Apr 201802,30563.842.90$6,686
Mar 201802,44561.222.79$6,814
Feb 201802,71661.782.77$7,513
Jan 201801,21962.874.01$4,887
Dec 201702,17957.272.92$6,366
Nov 201702,30155.423.12$7,175
Oct 201702,37449.292.98$7,083
Sep 201702,32147.523.09$7,166
Aug 201702,52645.373.00$7,589
Jul 201702,69743.873.09$8,326
Jun 201701,98842.493.09$6,138
May 201702,59845.373.26$8,478
Apr 201702,51847.933.21$8,087
Mar 201702,65046.772.98$7,907
Feb 201702,36950.452.95$6,995
Jan 201702,63049.413.42$8,991
Dec 201602,80248.763.72$10,431
Nov 201602,29042.492.64$6,056
Oct 201602,69846.193.09$8,338
Sep 201602,68241.553.10$8,316
Aug 201602,85441.442.92$8,346
Jul 201602,70141.622.92$7,899
Jun 201602,61545.352.69$7,023
May 201602,76742.521.99$5,509
Apr 201602,84336.561.99$5,661
Mar 201603,12533.011.79$5,606
Feb 201602,61226.472.06$5,390
Jan 201603,08727.352.36$7,299
Dec 201502,90632.362.00$5,816
Nov 201502,93938.792.17$6,370
Oct 201502,91743.552.43$7,078
Sep 201502,88042.992.76$7,944
Aug 201502,96840.162.87$8,526
Jul 201503,10248.152.95$9,136
Jun 201502,99156.152.88$8,623
May 201502,93755.212.96$8,680
Apr 201502,93949.822.71$7,955
Mar 201503,14142.892.93$9,218
Feb 201502,92444.662.98$8,702
Jan 201502,93543.433.10$9,100
Dec 201403,21254.693.59$11,535
Nov 201403,15270.464.25$13,402
Oct 201403,40778.303.90$13,291
Sep 201403,56886.164.05$14,434
Aug 201402,97689.394.04$12,009
Jul 201403,26196.564.18$13,630
Jun 201402,88398.164.74$13,656
May 201403,52294.734.73$16,647
Apr 201403,33095.944.81$16,014
Mar 201403,67595.895.06$18,584
Feb 201403,26997.406.19$20,242
Jan 201403,66590.404.86$17,815
Dec 201303,88191.824.35$16,900
Nov 201303,94188.853.74$14,733
Oct 201304,03597.423.78$15,250
Sep 201305,067104.113.72$18,838
Aug 201301,171104.253.52$4,125
Jul 201301,972102.523.72$7,331
Jun 201303,10194.403.93$12,198
May 201303,92294.834.15$16,273
Apr 201304,05293.964.28$17,353
Mar 201304,08093.623.91$15,965
Feb 201303,61791.233.42$12,370
Jan 201304,20191.603.42$14,367
Dec 201204,17786.773.42$14,286
Nov 201204,02486.953.62$14,587
Oct 201204,14189.383.40$14,078
Sep 201204,11894.672.92$12,018
Aug 201204,32692.662.91$12,581
Jul 201204,11585.133.02$12,431
Jun 201204,00079.822.52$10,076
May 201204,25291.612.49$10,580
Apr 201204,313101.652.00$8,612
Mar 201204,593105.052.22$10,206
Feb 201204,433101.102.57$11,394
Jan 201204,26398.092.73$11,655
Dec 201104,02896.873.24$13,050
Nov 201104,64895.723.31$15,391
Oct 201104,78084.983.65$17,440
Sep 201104,63483.623.99$18,470
Aug 201104,85283.404.15$20,133
Jul 201104,90394.144.52$22,148
Jun 201104,91792.904.64$22,814
May 201105,25498.134.40$23,143
Apr 201104,733105.964.33$20,509
Mar 201104,99196.364.06$20,250
Feb 201104,57285.644.18$19,111
Jan 201105,27386.504.59$24,197
Dec 201005,30285.734.35$23,052
Nov 201005,19280.843.80$19,705
Oct 201005,64878.103.51$19,818
Sep 201005,51672.633.98$21,951
Aug 201005,82973.684.42$25,760
Jul 201015,83072.554.74$27,686
Jun 201005,71470.364.91$28,058
May 201005,80271.124.24$24,573
Apr 201025,45381.694.12$22,644
Mar 201006,13978.394.39$26,942
Feb 201005,12873.585.44$27,908
Jan 201025,48374.365.96$32,850
Dec 200906,33371.445.48$34,729
Nov 200906,23574.593.75$23,391
Oct 200906,41172.544.11$26,351
Sep 200906,48965.543.06$19,887
Aug 200906,86267.423.22$22,085
Jul 200907,06361.133.46$24,470
Jun 200906,63466.163.90$25,839
May 200907,23754.743.93$28,411
Apr 200906,93346.773.59$24,872
Mar 200907,06942.144.06$28,693
Feb 200906,07232.814.63$28,132
Jan 200906,71535.865.37$36,066
Dec 200806,26937.105.98$37,471
Nov 200806,64255.496.86$45,567
Oct 200806,83875.246.92$47,333
Sep 200806,817101.767.88$53,698
Aug 200807,286114.228.48$61,807
Jul 200807,274131.0811.39$82,847
Jun 200807,290131.3313.03$95,008
May 200807,812123.1711.57$90,418
Apr 200807,717110.3110.45$80,680
Mar 200808,556101.909.66$82,686
Feb 200808,30492.538.77$72,831
Jan 200809,48990.388.21$77,864
Dec 2007010,67288.337.30$77,927
Nov 200707,86491.677.29$57,342
Oct 200707,93682.856.92$54,933
Sep 200706,99075.846.24$43,647
Aug 200706,61069.066.39$42,224
Jul 200707,80470.906.39$49,851
Jun 200709,61462.007.55$72,571
May 2007010,71458.747.85$84,065
Apr 2007010,57159.617.81$82,509
Mar 200708,52056.927.30$62,213
Feb 200709,76455.108.22$80,221
Jan 2007010,84250.306.73$72,933
Dec 2006010,71156.656.92$74,103
Nov 2006011,15854.207.62$84,996
Oct 2006012,11754.906.01$72,869
Sep 2006012,38460.085.04$62,381
Aug 2006014,36668.717.34$105,445
Jul 2006013,68469.376.34$86,794
Jun 2006015,20666.286.38$97,073
May 2006013,01966.016.42$83,647
Apr 2006014,13164.397.36$104,011
Mar 2006016,24456.707.08$115,055
Feb 2006015,68757.597.75$121,592
Jan 2006018,69060.598.93$166,964
Dec 2005020,09454.9413.42$269,569
Nov 2005022,49254.6910.59$238,154
Oct 2005026,80158.3413.80$369,740
Sep 2005024,31261.4512.08$293,665
Aug 2005024,53361.519.80$240,346
Jul 2005035,49055.697.84$278,371
Jun 2005041,14752.337.38$303,708
May 2005049,94345.226.65$332,179
Apr 2005061,80049.207.36$454,878
Mar 2005056,15450.377.15$401,775
Feb 2005057,38245.226.31$362,191
Jan 2005075,85143.166.32$479,545
Dec 2004078,63539.866.75$530,871
Nov 2004096,88845.286.33$613,342
Oct 20040130,73749.706.52$851,765
Sep 2004013,61543.245.28$71,940

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                1,249 Mcf  × $  2.87 =     $3,584

────────────────────────────────────────────────────
Month total                                   $3,584

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/205381 is the state's own key, not one this site invented.