VELENO

Operated by HILCORP ENERGY COMPANY (P-5 386310) in the EXSUN (LOBO) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 205591District 04Field 298012502 tax incentive programmesCondensateGasSaveExport
Value, all time
$30.3 M
Aug 2004 – May 2026
Value, last 12 filed months
$288 k
at the published price for each month
Months reported
262
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 2 leases and 2 wells, and the rule below applies to all of them.

Discovered
1993-12-01
as the register files it
Field class
Gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

The Commission's schedule remark for this field reads: EXSUN (LOBO CONS.) 29801253

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 Gas112006-01-04159869
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
CondensateDisposition36 bbl$1,910
GasProduction5,176,773 Mcf$30,329,543
Total$30,331,452

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 26.8909, -99.2510. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.89087, -99.25102 · 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
10,700 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 10,700 ft.

Completions filed
Aug 2005
1 of 1 wells

1 well

42-50535025510,700 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 (262)

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

262 months

May 202606,596106.413.05$20,090
Apr 202605,40598.932.87$15,511
Mar 202606,32489.753.15$19,917
Feb 202605,26863.503.75$19,757
Jan 202606,47359.138.00$51,771
Dec 202506,59056.664.41$29,084
Nov 202506,38758.593.93$25,078
Oct 202506,61559.383.30$21,862
Sep 202506,12062.743.08$18,831
Aug 202506,88663.933.01$20,760
Jul 202507,09766.743.32$23,528
Jun 202506,94866.483.13$21,738
May 202506,12660.553.23$19,801
Apr 202506,49462.363.54$23,009
Mar 202507,15767.704.27$30,548
Feb 202506,86370.884.34$29,791
Jan 202507,19474.324.28$30,781
Dec 202407,59668.993.12$23,710
Nov 202407,37869.052.20$16,220
Oct 202407,23771.372.28$16,510
Sep 202407,37469.612.36$17,435
Aug 202406,64675.632.06$13,715
Jul 202407,49579.932.15$16,089
Jun 202407,36478.082.63$19,397
May 202406,99478.812.20$15,376
Apr 202407,14684.451.66$11,857
Mar 202406,47380.301.55$10,002
Feb 202407,11876.091.78$12,696
Jan 202407,73673.023.30$25,511
Dec 202306,90971.262.61$18,037
Nov 202307,43677.892.81$20,877
Oct 202307,41685.443.09$22,895
Sep 202307,36489.042.74$20,141
Aug 202308,06280.522.67$21,549
Jul 202308,21074.852.64$21,689
Jun 202307,99268.962.26$18,050
May 202308,28470.622.23$18,452
Apr 202307,96978.122.24$17,833
Mar 202307,17372.852.39$17,166
Feb 202306,68275.112.47$16,476
Jan 202307,40876.533.39$25,096
Dec 202207,52676.415.73$43,117
Nov 202207,18585.005.65$40,568
Oct 202207,99087.185.86$46,851
Sep 202206,79884.888.16$55,497
Aug 202207,31894.529.13$66,793
Jul 202207,359101.587.54$55,502
Jun 202207,299115.097.98$58,226
May 202207,147109.378.43$60,271
Apr 202207,532104.226.84$51,501
Mar 202208,780108.885.08$44,571
Feb 202207,90391.054.86$38,399
Jan 202208,84381.844.54$40,127
Dec 202108,97771.323.90$35,002
Nov 202109,17477.435.24$48,043
Oct 202108,98579.795.71$51,339
Sep 202109,03369.865.35$48,335
Aug 202109,48766.024.22$40,041
Jul 202109,46670.783.98$37,694
Jun 202109,25469.493.38$31,284
May 202109,82563.483.02$29,649
Apr 202109,50960.362.76$26,230
Mar 2021010,01661.302.72$27,213
Feb 202109,44157.805.55$52,378
Jan 2021010,06950.412.81$28,297
Dec 202009,96944.642.68$26,672
Nov 202009,85138.772.71$26,662
Oct 202009,84036.972.48$24,388
Sep 202009,92937.091.99$19,769
Aug 2020010,60439.982.39$25,292
Jul 2020011,20338.371.83$20,447
Jun 2020010,54634.901.69$17,826
May 2020010,37416.921.81$18,826
Apr 202009,62514.751.80$17,367
Mar 2020010,10930.341.86$18,765
Feb 202009,46449.881.98$18,745
Jan 2020010,12057.252.09$21,199
Dec 2019010,22259.012.30$23,555
Nov 201909,11855.302.75$25,081
Oct 201907,52453.472.42$18,197
Sep 201907,35455.052.66$19,542
Aug 201908,27353.112.30$19,064
Jul 201907,32056.272.46$18,008
Jun 201907,47852.782.49$18,629
May 201907,29858.482.74$19,999
Apr 201908,20762.632.75$22,575
Mar 201908,64656.803.06$26,475
Feb 201928,25850.852.79$23,160
Jan 201908,53046.033.23$27,536
Dec 201808,92446.594.19$37,351
Nov 201808,77652.934.24$37,186
Oct 201809,42561.443.40$32,027
Sep 201808,96559.543.11$27,863
Aug 201809,84259.403.07$30,181
Jul 201809,68265.142.93$28,386
Jun 201809,22460.183.08$28,382
May 201809,12765.382.90$26,476
Apr 201809,16463.842.90$26,583
Mar 201809,67161.222.79$26,952
Feb 201808,42661.782.77$23,307
Jan 2018010,01862.874.01$40,165
Dec 201709,63357.272.92$28,143
Nov 201709,58655.423.12$29,893
Oct 201709,53449.292.98$28,446
Sep 201709,66347.523.09$29,832
Aug 2017010,25645.373.00$30,813
Jul 2017010,40043.873.09$32,108
Jun 201708,42842.493.09$26,020
May 201708,95645.373.26$29,227
Apr 201708,54047.933.21$27,427
Mar 201709,01246.772.98$26,889
Feb 201708,85050.452.95$26,131
Jan 201708,88149.413.42$30,362
Dec 201609,44248.763.72$35,151
Nov 201608,95642.492.64$23,683
Oct 201608,61846.193.09$26,632
Sep 201608,40141.553.10$26,048
Aug 201608,83741.442.92$25,842
Jul 201608,97041.622.92$26,231
Jun 201609,06945.352.69$24,358
May 201609,40842.521.99$18,732
Apr 201609,14136.561.99$18,200
Mar 201609,81033.011.79$17,599
Feb 201608,76426.472.06$18,086
Jan 201609,51627.352.36$22,499
Dec 201509,82332.362.00$19,660
Nov 201509,49038.792.17$20,568
Oct 2015010,10743.552.43$24,525
Sep 201509,52442.992.76$26,271
Aug 201509,73340.162.87$27,958
Jul 2015139,34848.152.95$28,157
Jun 201509,42856.152.88$27,180
May 201509,77055.212.96$28,875
Apr 201509,86249.822.71$26,692
Mar 2015010,39842.892.93$30,515
Feb 201509,67144.662.98$28,783
Jan 2015010,72343.433.10$33,248
Dec 2014010,46454.693.59$37,580
Nov 2014010,24770.464.25$43,569
Oct 2014010,77578.303.90$42,033
Sep 2014010,66086.164.05$43,124
Aug 2014011,65089.394.04$47,009
Jul 2014012,26496.564.18$51,259
Jun 2014012,15698.164.74$57,582
May 2014012,85594.734.73$60,760
Apr 2014012,08695.944.81$58,123
Mar 2014012,86595.895.06$65,056
Feb 2014012,06897.406.19$74,725
Jan 2014014,15090.404.86$68,779
Dec 2013012,78291.824.35$55,659
Nov 2013014,09588.853.74$52,691
Oct 2013016,26297.423.78$61,460
Sep 2013017,959104.113.72$66,767
Aug 201304,408104.253.52$15,528
Jul 201300102.523.72$0
Jun 201307,30694.403.93$28,737
May 2013012,56094.834.15$52,112
Apr 2013012,69393.964.28$54,359
Mar 2013012,77793.623.91$49,995
Feb 2013012,37591.233.42$42,321
Jan 2013012,78591.603.42$43,724
Dec 2012013,93986.773.42$47,674
Nov 2012013,12086.953.62$47,559
Oct 2012013,10889.383.40$44,563
Sep 2012013,75294.672.92$40,134
Aug 2012014,13292.662.91$41,098
Jul 2012013,44185.133.02$40,603
Jun 2012013,36579.822.52$33,667
May 2012014,55391.612.49$36,213
Apr 2012013,785101.652.00$27,526
Mar 2012014,195105.052.22$31,542
Feb 2012013,115101.102.57$33,709
Jan 2012014,67798.092.73$40,128
Dec 2011014,94296.873.24$48,408
Nov 2011014,71595.723.31$48,725
Oct 2011015,73184.983.65$57,395
Sep 2011013,05283.623.99$52,023
Aug 2011015,36883.404.15$63,767
Jul 2011014,73694.144.52$66,566
Jun 2011014,45692.904.64$67,074
May 2011015,34398.134.40$67,583
Apr 2011016,687105.964.33$72,309
Mar 2011015,66396.364.06$63,550
Feb 2011013,91785.644.18$58,173
Jan 2011015,77486.504.59$72,383
Dec 2010016,11385.734.35$70,055
Nov 2010015,56780.843.80$59,082
Oct 2010016,26778.103.51$57,079
Sep 2010016,14572.633.98$64,249
Aug 2010016,06773.684.42$71,006
Jul 2010016,82572.554.74$79,691
Jun 2010016,35770.364.91$80,319
May 2010017,25571.124.24$73,079
Apr 2010017,58381.694.12$72,489
Mar 2010017,72078.394.39$77,767
Feb 2010015,61673.585.44$84,988
Jan 2010017,79974.365.96$106,155
Dec 2009018,72971.445.48$102,705
Nov 2009017,68174.593.75$66,330
Oct 2009018,73972.544.11$77,022
Sep 2009018,48065.543.06$56,637
Aug 2009019,08067.423.22$61,409
Jul 2009019,66161.133.46$68,116
Jun 2009019,60266.163.90$76,350
May 2009020,72254.743.93$81,349
Apr 2009020,42946.773.59$73,289
Mar 2009021,24042.144.06$86,213
Feb 2009018,97032.814.63$87,888
Jan 2009021,66135.865.37$116,341
Dec 2008022,23437.105.98$132,896
Nov 2008021,80055.496.86$149,556
Oct 2008025,74575.246.92$178,206
Sep 2008028,527101.767.88$224,710
Aug 2008028,332114.228.48$240,341
Jul 2008019,192131.0811.39$218,586
Jun 2008022,321131.3313.03$290,901
May 2008023,600123.1711.57$273,153
Apr 2008023,423110.3110.45$244,884
Mar 2008023,574101.909.66$227,821
Feb 2008023,21592.538.77$203,609
Jan 2008023,65490.388.21$194,098
Dec 2007025,36388.337.30$185,200
Nov 2007025,36191.677.29$184,925
Oct 2007028,10782.856.92$194,556
Sep 2007027,34875.846.24$170,765
Aug 2007029,94469.066.39$191,280
Jul 2007025,27670.906.39$161,462
Jun 2007029,19462.007.55$220,369
May 2007031,85558.747.85$249,943
Apr 2007029,54159.617.81$230,573
Mar 2007033,85656.927.30$247,216
Feb 2007033,16655.108.22$272,492
Jan 2007230,84150.306.73$207,563
Dec 2006037,25556.656.92$257,746
Nov 2006134,75954.207.62$264,830
Oct 2006035,80854.906.01$215,342
Sep 2006038,01960.085.04$191,509
Aug 2006140,70568.717.34$298,840
Jul 2006047,09269.376.34$298,693
Jun 2006047,25666.286.38$301,677
May 2006250,74466.016.42$326,162
Apr 2006049,55664.397.36$364,756
Mar 2006455,07756.707.08$390,333
Feb 2006353,77357.597.75$416,974
Jan 2006062,30060.598.93$556,546
Dec 2005062,81254.9413.42$842,648
Nov 2005067,50954.6910.59$714,812
Oct 2005287,37458.3413.80$1,205,507
Sep 2005054,22261.4512.08$654,948
Aug 2005159,81061.519.80$586,011
Jul 2005070,64855.697.84$554,137
Jun 2005173,31252.337.38$541,171
May 2005185,78345.226.65$570,602
Apr 2005091,64249.207.36$674,529
Mar 20053107,12350.377.15$766,603
Feb 20050109,01745.226.31$688,107
Jan 20050136,33943.166.32$861,962
Dec 20040173,71739.866.75$1,172,777
Nov 20040184,83345.286.33$1,170,071
Oct 20040189,01149.706.52$1,231,426
Sep 20040188,66443.245.28$996,882
Aug 2004026,45342.375.55$146,832

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                6,596 Mcf  × $  3.05 =    $20,090

────────────────────────────────────────────────────
Month total                                  $20,090

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/205591 is the state's own key, not one this site invented.