VELENO

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 207014District 04Field 298012532 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.9 M
Oct 2004 – May 2026
Value, last 12 filed months
$24 k
at the published price for each month
Months reported
260
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 Gas112006-03-22166743
NGPA2none

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
CondensateDisposition590 bbl$33,229
GasProduction305,037 Mcf$1,821,947
Total$1,855,176

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 26.8762, -99.2730. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.87618, -99.27301 · 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
11,176 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 11,176 ft.

Completions filed
Sep 2005
1 of 1 wells

1 well

42-50535105611,176 ftSep 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 (260)

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

260 months

May 20260560106.413.05$1,706
Apr 2026056698.932.87$1,624
Mar 2026069589.753.15$2,189
Feb 2026046263.503.75$1,733
Jan 2026051959.138.00$4,151
Dec 2025046256.664.41$2,039
Nov 2025049558.593.93$1,944
Oct 2025042759.383.30$1,411
Sep 2025079262.743.08$2,437
Aug 2025051863.933.01$1,562
Jul 2025047366.743.32$1,568
Jun 2025048366.483.13$1,511
May 2025055860.553.23$1,804
Apr 2025051462.363.54$1,821
Mar 2025056767.704.27$2,420
Feb 2025054270.884.34$2,353
Jan 2025066874.324.28$2,858
Dec 2024055968.993.12$1,745
Nov 2024058969.052.20$1,295
Oct 2024046071.372.28$1,049
Sep 2024047069.612.36$1,111
Aug 2024059275.632.06$1,222
Jul 2024054179.932.15$1,161
Jun 2024062278.082.63$1,638
May 2024053178.812.20$1,167
Apr 2024064784.451.66$1,074
Mar 2024073680.301.55$1,137
Feb 2024064676.091.78$1,152
Jan 2024047273.023.30$1,557
Dec 2023041571.262.61$1,083
Nov 2023049277.892.81$1,381
Oct 2023047285.443.09$1,457
Sep 2023039989.042.74$1,091
Aug 2023042680.522.67$1,139
Jul 2023047074.852.64$1,242
Jun 2023065868.962.26$1,486
May 2023064970.622.23$1,446
Apr 2023058978.122.24$1,318
Mar 2023066672.852.39$1,594
Feb 2023065075.112.47$1,603
Jan 2023043276.533.39$1,464
Dec 2022056876.415.73$3,254
Nov 2022057885.005.65$3,264
Oct 2022061387.185.86$3,594
Sep 2022060184.888.16$4,906
Aug 2022059194.529.13$5,394
Jul 20220633101.587.54$4,774
Jun 20220605115.097.98$4,826
May 20220624109.378.43$5,262
Apr 20220491104.226.84$3,357
Mar 20220531108.885.08$2,696
Feb 2022047191.054.86$2,289
Jan 2022053281.844.54$2,414
Dec 2021062871.323.90$2,449
Nov 2021050577.435.24$2,645
Oct 2021053879.795.71$3,074
Sep 2021055869.865.35$2,986
Aug 2021062466.024.22$2,634
Jul 2021050370.783.98$2,003
Jun 2021054769.493.38$1,849
May 2021063063.483.02$1,901
Apr 2021066360.362.76$1,829
Mar 2021069761.302.72$1,894
Feb 2021057857.805.55$3,207
Jan 2021075650.412.81$2,125
Dec 2020081144.642.68$2,170
Nov 2020061638.772.71$1,667
Oct 2020072336.972.48$1,792
Sep 2020064937.091.99$1,292
Aug 2020049939.982.39$1,190
Jul 2020025238.371.83$460
Jun 2020031834.901.69$538
May 2020024816.921.81$450
Apr 2020045014.751.80$812
Mar 2020056330.341.86$1,045
Feb 2020042449.881.98$840
Jan 2020076557.252.09$1,602
Dec 2019061559.012.30$1,417
Nov 2019056555.302.75$1,554
Oct 2019071453.472.42$1,727
Sep 2019059355.052.66$1,576
Aug 2019045553.112.30$1,048
Jul 2019021456.272.46$526
Jun 2019026652.782.49$663
May 2019031358.482.74$858
Apr 2019023862.632.75$655
Mar 2019053656.803.06$1,641
Feb 2019064250.852.79$1,793
Jan 2019066746.033.23$2,153
Dec 2018097446.594.19$4,077
Nov 2018068552.934.24$2,903
Oct 2018037561.443.40$1,274
Sep 2018036059.543.11$1,119
Aug 2018019659.403.07$601
Jul 2018011465.142.93$334
Jun 201805860.183.08$178
May 2018027765.382.90$804
Apr 2018018563.842.90$537
Mar 2018015261.222.79$424
Feb 2018028061.782.77$775
Jan 2018052562.874.01$2,105
Dec 2017033257.272.92$970
Nov 2017022455.423.12$699
Oct 2017026249.292.98$782
Sep 2017015647.523.09$482
Aug 201709845.373.00$294
Jul 2017025543.873.09$787
Jun 2017023142.493.09$713
May 2017021245.373.26$692
Apr 2017028047.933.21$899
Mar 2017023746.772.98$707
Feb 2017034350.452.95$1,013
Jan 2017054849.413.42$1,874
Dec 2016063948.763.72$2,379
Nov 2016043242.492.64$1,142
Oct 2016050246.193.09$1,551
Sep 2016036641.553.10$1,135
Aug 2016038741.442.92$1,132
Jul 2016042541.622.92$1,243
Jun 201604845.352.69$129
May 2016013242.521.99$263
Apr 2016043336.561.99$862
Mar 2016039233.011.79$703
Feb 2016056826.472.06$1,172
Jan 2016089727.352.36$2,121
Dec 2015080732.362.00$1,615
Nov 2015050338.792.17$1,090
Oct 2015046843.552.43$1,136
Sep 2015022842.992.76$629
Aug 2015647540.162.87$1,605
Jul 2015035848.152.95$1,054
Jun 2015044756.152.88$1,289
May 2015039055.212.96$1,153
Apr 20151229849.822.71$1,404
Mar 2015037442.892.93$1,098
Feb 20154238844.662.98$3,030
Jan 2015051443.433.10$1,594
Dec 2014035254.693.59$1,264
Nov 2014036470.464.25$1,548
Oct 2014035178.303.90$1,369
Sep 2014073586.164.05$2,973
Aug 2014178789.394.04$3,265
Jul 2014091696.564.18$3,829
Jun 2014087698.164.74$4,150
May 2014095694.734.73$4,519
Apr 2014094795.944.81$4,554
Mar 2014098395.895.06$4,971
Feb 2014088297.406.19$5,461
Jan 201421,04090.404.86$5,236
Dec 201301,05991.824.35$4,611
Nov 201301,15688.853.74$4,321
Oct 201301,37597.423.78$5,197
Sep 201301,615104.113.72$6,004
Aug 20130348104.253.52$1,226
Jul 201300102.523.72$0
Jun 2013064094.403.93$2,517
May 201301,15294.834.15$4,780
Apr 201301,21193.964.28$5,186
Mar 201301,03993.623.91$4,065
Feb 2013088791.233.42$3,033
Jan 2013099291.603.42$3,393
Dec 201201,07886.773.42$3,687
Nov 2012095086.953.62$3,444
Oct 20129388089.383.40$11,304
Sep 2012088794.672.92$2,589
Aug 201201,04792.662.91$3,045
Jul 201201,07285.133.02$3,238
Jun 201201,05679.822.52$2,660
May 201201,10291.612.49$2,742
Apr 201201,091101.652.00$2,179
Mar 201201,160105.052.22$2,578
Feb 20120885101.102.57$2,275
Jan 201201,14598.092.73$3,131
Dec 201101,18996.873.24$3,852
Nov 201101,14895.723.31$3,801
Oct 201101,24484.983.65$4,539
Sep 201101,32383.623.99$5,273
Aug 201101,29083.404.15$5,353
Jul 201101,08894.144.52$4,915
Jun 2011075092.904.64$3,480
May 2011096698.134.40$4,255
Apr 20110977105.964.33$4,234
Mar 2011099396.364.06$4,029
Feb 2011089985.644.18$3,758
Jan 2011099586.504.59$4,566
Dec 201001,02985.734.35$4,474
Nov 2010089080.843.80$3,378
Oct 201001,08378.103.51$3,800
Sep 201001,20172.633.98$4,779
Aug 201001,11973.684.42$4,945
Jul 201001,20272.554.74$5,693
Jun 201001,18970.364.91$5,838
May 201001,29471.124.24$5,480
Apr 201001,27981.694.12$5,273
Mar 201001,23578.394.39$5,420
Feb 201001,17473.585.44$6,389
Jan 201008,67874.365.96$51,756
Dec 200901,25471.445.48$6,877
Nov 200901,28974.593.75$4,836
Oct 200901,40572.544.11$5,775
Sep 200901,56265.543.06$4,787
Aug 2009056367.423.22$1,812
Jul 200901,07561.133.46$3,724
Jun 200901,25966.163.90$4,904
May 200901,42154.743.93$5,578
Apr 200901,32746.773.59$4,761
Mar 200901,35942.144.06$5,516
Feb 200901,03032.814.63$4,772
Jan 20091091,47135.865.37$11,809
Dec 200801,65437.105.98$9,886
Nov 200801,71055.496.86$11,731
Oct 200801,93875.246.92$13,415
Sep 200801,966101.767.88$15,486
Aug 200801,491114.228.48$12,648
Jul 200801,169131.0811.39$13,314
Jun 200801,260131.3313.03$16,421
May 200801,371123.1711.57$15,868
Apr 200801,112110.3110.45$11,626
Mar 200811,806101.909.66$17,555
Feb 200801,88092.538.77$16,489
Jan 200802,08890.388.21$17,134
Dec 200702,13088.337.30$15,553
Nov 200701,82291.677.29$13,285
Oct 200712,20582.856.92$15,346
Sep 200702,53275.846.24$15,810
Aug 200712,91769.066.39$18,703
Jul 200701,46070.906.39$9,326
Jun 200701,76362.007.55$13,308
May 200701,36558.747.85$10,710
Apr 200702,78259.617.81$21,714
Mar 200703,07456.927.30$22,446
Feb 2007785,09255.108.22$46,134
Jan 200704,17450.306.73$28,078
Dec 200603,38456.656.92$23,412
Nov 200603,84054.207.62$29,251
Oct 200603,21954.906.01$19,358
Sep 200603,61560.085.04$18,209
Aug 200604,84268.717.34$35,540
Jul 200605,47269.376.34$34,708
Jun 200604,20966.286.38$26,870
May 200602,93566.016.42$18,857
Apr 200603,52464.397.36$25,938
Mar 2006623,93056.707.08$31,351
Feb 200613,96757.597.75$30,806
Jan 200605,21160.598.93$46,552
Dec 200504,85454.9413.42$65,118
Nov 20051816,81154.6910.59$82,016
Oct 200503,51258.3413.80$48,451
Sep 200503,51761.4512.08$42,482
Aug 200504,47661.519.80$43,851
Jul 200504,10755.697.84$32,214
Jun 200507,12752.337.38$52,605
May 200506,27745.226.65$41,749
Apr 2005016,66649.207.36$122,670
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$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                  560 Mcf  × $  3.05 =     $1,706

────────────────────────────────────────────────────
Month total                                   $1,706

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/207014 is the state's own key, not one this site invented.