VELA B

Operated by MERIT ENERGY COMPANY (P-5 561136) in the ROLETA (WILCOX CONSOLIDATED) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 210978District 04Field 779730502 tax incentive programmesCondensateGasSaveExport
Value, all time
$11.3 M
Jun 2005 – May 2026
Value, last 12 filed months
$7 k
at the published price for each month
Months reported
252
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 345 leases and 345 wells, and the rule below applies to all of them.

Discovered
1995-01-09
as the register files it
Field class
Gas
the register's own label
Between wells
933 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 Gas112006-03-21167686
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
CondensateDisposition2,074 bbl$133,920
GasProduction1,417,522 Mcf$11,164,373
Total$11,298,293

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 26.7928, -99.1742. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.79278, -99.17417 · 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
10,400 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 10,400 ft.

Completions filed
May 2006
1 of 1 wells

1 well

42-50535249710,400 ftMay 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 (252)

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

252 months

May 20260129106.413.05$393
Apr 2026112898.932.87$466
Mar 2026013989.753.15$438
Feb 2026016463.503.75$615
Jan 2026019159.138.00$1,528
Dec 2025016956.664.41$746
Nov 2025013958.593.93$546
Oct 2025015359.383.30$506
Sep 2025018462.743.08$566
Aug 2025017063.933.01$513
Jul 2025013866.743.32$458
Jun 2025013266.483.13$413
May 2025023560.553.23$760
Apr 2025017162.363.54$606
Mar 2025029567.704.27$1,259
Feb 2025114270.884.34$687
Jan 2025019074.324.28$813
Dec 2024024768.993.12$771
Nov 2024018569.052.20$407
Oct 2024027971.372.28$637
Sep 2024020269.612.36$478
Aug 2024021875.632.06$450
Jul 2024020679.932.15$442
Jun 2024022578.082.63$593
May 2024125778.812.20$644
Apr 2024029084.451.66$481
Mar 2024023680.301.55$365
Feb 2024024076.091.78$428
Jan 2024247473.023.30$1,709
Dec 2023050771.262.61$1,324
Nov 2023077177.892.81$2,165
Oct 2023179385.443.09$2,534
Sep 2023084389.042.74$2,306
Aug 202301,24980.522.67$3,338
Jul 202321,26574.852.64$3,492
Jun 2023056268.962.26$1,269
May 2023044870.622.23$998
Apr 2023031878.122.24$712
Mar 2023225172.852.39$746
Feb 2023026675.112.47$656
Jan 2023047776.533.39$1,616
Dec 2022233776.415.73$2,084
Nov 2022033485.005.65$1,886
Oct 2022033987.185.86$1,988
Sep 2022027984.888.16$2,278
Aug 2022042694.529.13$3,888
Jul 20220363101.587.54$2,738
Jun 20222354115.097.98$3,054
May 20220506109.378.43$4,267
Apr 20220558104.226.84$3,815
Mar 20223178108.885.08$1,230
Feb 2022030491.054.86$1,477
Jan 2022017681.844.54$799
Dec 2021041171.323.90$1,603
Nov 2021034877.435.24$1,822
Oct 2021039179.795.71$2,234
Sep 2021136369.865.35$2,012
Aug 2021049366.024.22$2,081
Jul 2021035170.783.98$1,398
Jun 2021043669.493.38$1,474
May 2021054863.483.02$1,654
Apr 2021055260.362.76$1,523
Mar 2021050761.302.72$1,377
Feb 2021049557.805.55$2,746
Jan 2021056550.412.81$1,588
Dec 2020151644.642.68$1,425
Nov 2020044638.772.71$1,207
Oct 2020055336.972.48$1,371
Sep 2020053737.091.99$1,069
Aug 2020059439.982.39$1,417
Jul 2020076038.371.83$1,387
Jun 2020054234.901.69$916
May 2020058016.921.81$1,053
Apr 2020053114.751.80$958
Mar 2020045030.341.86$835
Feb 2020142749.881.98$896
Jan 2020047057.252.09$985
Dec 2019239859.012.30$1,035
Nov 2019065855.302.75$1,810
Oct 2019073653.472.42$1,780
Sep 201901,02755.052.66$2,729
Aug 2019042053.112.30$968
Jul 2019230556.272.46$863
Jun 2019072552.782.49$1,806
May 2019231458.482.74$977
Apr 2019047262.632.75$1,298
Mar 2019032556.803.06$995
Feb 2019148350.852.79$1,399
Jan 2019173246.033.23$2,409
Dec 2018082846.594.19$3,466
Nov 2018065352.934.24$2,767
Oct 2018044661.443.40$1,516
Sep 2018069059.543.11$2,145
Aug 2018038759.403.07$1,187
Jul 2018042365.142.93$1,240
Jun 2018048460.183.08$1,489
May 2018063665.382.90$1,845
Apr 2018064463.842.90$1,868
Mar 2018064461.222.79$1,795
Feb 2018056161.782.77$1,552
Jan 2018062062.874.01$2,486
Dec 20173770057.272.92$4,164
Nov 2017065855.423.12$2,052
Oct 2017058449.292.98$1,742
Sep 2017063947.523.09$1,973
Aug 2017066345.373.00$1,992
Jul 2017065143.873.09$2,010
Jun 2017063342.493.09$1,954
May 2017066945.373.26$2,183
Apr 2017056947.933.21$1,827
Mar 2017075846.772.98$2,262
Feb 2017061650.452.95$1,819
Jan 2017074349.413.42$2,540
Dec 2016078448.763.72$2,919
Nov 2016075742.492.64$2,002
Oct 2016080246.193.09$2,478
Sep 201601,59841.553.10$4,955
Aug 2016313,41741.442.92$11,277
Jul 201682,79041.622.92$8,492
Jun 201601,93445.352.69$5,194
May 201601,98142.521.99$3,944
Apr 201601,91136.561.99$3,805
Mar 201602,02433.011.79$3,631
Feb 201601,87626.472.06$3,871
Jan 201601,67027.352.36$3,948
Dec 201501,76232.362.00$3,526
Nov 201501,56138.792.17$3,383
Oct 20151361,88343.552.43$10,492
Sep 201501,69742.992.76$4,681
Aug 201501,54840.162.87$4,447
Jul 201501,25048.152.95$3,681
Jun 201501,40756.152.88$4,056
May 201501,35055.212.96$3,990
Apr 201501,11049.822.71$3,004
Mar 201501,52242.892.93$4,467
Feb 201501,25444.662.98$3,732
Jan 201501,55343.433.10$4,815
Dec 201401,83054.693.59$6,572
Nov 201401,31570.464.25$5,591
Oct 201401,59678.303.90$6,226
Sep 201401,88986.164.05$7,642
Aug 201401,66389.394.04$6,710
Jul 201402,13396.564.18$8,915
Jun 201402,13498.164.74$10,109
May 201401,88094.734.73$8,886
Apr 201401,94395.944.81$9,344
Mar 201402,61795.895.06$13,234
Feb 201402,44397.406.19$15,127
Jan 201402,65190.404.86$12,886
Dec 201302,35691.824.35$10,259
Nov 2013302,50088.853.74$12,011
Oct 201301,84497.423.78$6,969
Sep 201302,457104.113.72$9,134
Aug 201301,950104.253.52$6,869
Jul 201301,958102.523.72$7,279
Jun 201302,24594.403.93$8,831
May 201302,54194.834.15$10,543
Apr 201302,32293.964.28$9,944
Mar 201302,53593.623.91$9,919
Feb 201302,19091.233.42$7,490
Jan 201302,41891.603.42$8,269
Dec 201202,33286.773.42$7,976
Nov 201203,09986.953.62$11,234
Oct 201202,52189.383.40$8,571
Sep 201202,19694.672.92$6,409
Aug 201203,11292.662.91$9,050
Jul 201203,17985.133.02$9,603
Jun 201203,24979.822.52$8,184
May 201201,76091.612.49$4,379
Apr 201201,553101.652.00$3,101
Mar 201201,511105.052.22$3,358
Feb 201201,507101.102.57$3,873
Jan 201201,46698.092.73$4,008
Dec 201102,21296.873.24$7,166
Nov 201101,70695.723.31$5,649
Oct 201102,24784.983.65$8,198
Sep 201102,05183.623.99$8,175
Aug 201102,90683.404.15$12,058
Jul 201103,12394.144.52$14,107
Jun 201102,61892.904.64$12,147
May 201102,91098.134.40$12,818
Apr 201102,968105.964.33$12,861
Mar 20111662,92196.364.06$27,847
Feb 201102,37285.644.18$9,915
Jan 201102,26486.504.59$10,389
Dec 201002,72585.734.35$11,848
Nov 201002,59680.843.80$9,853
Oct 201002,96178.103.51$10,390
Sep 201003,43772.633.98$13,677
Aug 201003,02273.684.42$13,355
Jul 201002,41772.554.74$11,448
Jun 201003,06370.364.91$15,041
May 201003,57071.124.24$15,120
Apr 201003,54681.694.12$14,619
Mar 201004,01878.394.39$17,634
Feb 201002,92673.585.44$15,924
Jan 201003,60874.365.96$21,518
Dec 200903,75871.445.48$20,608
Nov 200904,84774.593.75$18,184
Oct 200903,06672.544.11$12,602
Sep 200902,99965.543.06$9,191
Aug 200904,58467.423.22$14,754
Jul 200904,32661.133.46$14,987
Jun 200903,42866.163.90$13,352
May 200905,06554.743.93$19,884
Apr 200905,12146.773.59$18,372
Mar 200903,32342.144.06$13,488
Feb 200903,06832.814.63$14,214
Jan 200903,48635.865.37$18,723
Dec 200803,61237.105.98$21,589
Nov 200804,54955.496.86$31,208
Oct 200805,02475.246.92$34,776
Sep 200803,846101.767.88$30,295
Aug 200804,239114.228.48$35,960
Jul 200804,026131.0811.39$45,854
Jun 200804,309131.3313.03$56,158
May 200805,130123.1711.57$59,376
Apr 200806,820110.3110.45$71,302
Mar 200806,083101.909.66$58,787
Feb 200805,89092.538.77$51,659
Jan 200807,19590.388.21$59,040
Dec 200707,48988.337.30$54,684
Nov 200708,99691.677.29$65,596
Oct 20071787,65082.856.92$67,700
Sep 200708,77775.846.24$54,805
Aug 200709,87869.066.39$63,100
Jul 2007211,59970.906.39$74,236
Jun 2007411,23162.007.55$85,025
May 2007312,12458.747.85$95,305
Apr 2007214,42259.617.81$112,686
Mar 200719018,14056.927.30$143,273
Feb 2007119,14755.108.22$157,367
Jan 2007015,97150.306.73$107,435
Dec 2006013,58156.656.92$93,959
Nov 2006114,77854.207.62$112,625
Oct 2006117,76154.906.01$106,866
Sep 2006020,87660.085.04$105,157
Aug 2006319,17468.717.34$140,942
Jul 200618125,53569.376.34$174,518
Jun 200618029,62366.286.38$201,040
May 2006631,62066.016.42$203,555
Apr 2006130,98864.397.36$228,151
Mar 2006134,64556.707.08$245,444
Feb 2006139,19657.597.75$303,870
Jan 200614841,49560.598.93$379,655
Dec 200518646,69454.9413.42$636,638
Nov 2005254,43254.6910.59$576,457
Oct 2005169,38458.3413.80$957,263
Sep 200518094,29161.4512.08$1,150,002
Aug 2005178145,92861.519.80$1,440,582
Jul 2005186132,09555.697.84$1,046,464
Jun 2005264,49352.337.38$476,130

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                  129 Mcf  × $  3.05 =       $393

────────────────────────────────────────────────────
Month total                                     $393

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/210978 is the state's own key, not one this site invented.