VELA-CUELLAR, J. GAS UNIT

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 212803District 04Field 298012532 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.7 M
Aug 2004 – May 2026
Value, last 12 filed months
$21 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 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 Gas112006-11-29166783
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
CondensateDisposition29 bbl$2,296
GasProduction411,854 Mcf$2,730,008
Total$2,732,304

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 26.8750, -99.2510. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.87502, -99.25096 · 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
100.0%
1 of 1 wells
Median depth
11,900 ft
1 wells filed one
Completion to plug
1 well filed both, dated out of order

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
00.0%

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 11,900 ft.

Completions filed
Aug 2004
1 of 1 wells
Plug dates filed
Jan 1998
1 of 1 wells

Last completion to plug: no median is published. 1 well on this lease filed both dates, and on that one the last completion is dated after the plug date, so there is no interval to take a median of. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-505337101RE11,900 ftAug 2004Jan 1998

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 20260181106.413.05$551
Apr 20260098.932.87$0
Mar 202603489.753.15$107
Feb 20260163.503.75$4
Jan 20260659.138.00$48
Dec 2025033356.664.41$1,470
Nov 2025076858.593.93$3,016
Oct 202501,27759.383.30$4,220
Sep 202561,46562.743.08$4,884
Aug 202501,08363.933.01$3,265
Jul 2025060266.743.32$1,996
Jun 2025059866.483.13$1,871
May 202501,03060.553.23$3,329
Apr 2025022462.363.54$794
Mar 202507267.704.27$307
Feb 202501770.884.34$74
Jan 202507974.324.28$338
Dec 202407068.993.12$219
Nov 2024013969.052.20$306
Oct 2024092971.372.28$2,119
Sep 2024092669.612.36$2,189
Aug 2024053475.632.06$1,102
Jul 202401,49979.932.15$3,218
Jun 202401,15278.082.63$3,034
May 2024021278.812.20$466
Apr 2024059984.451.66$994
Mar 2024037780.301.55$583
Feb 2024028976.091.78$515
Jan 2024036873.023.30$1,214
Dec 2023030771.262.61$801
Nov 2023041777.892.81$1,171
Oct 202301,12085.443.09$3,458
Sep 202301,33189.042.74$3,640
Aug 202301,99080.522.67$5,319
Jul 202302,84974.852.64$7,526
Jun 202301,61868.962.26$3,654
May 2023034670.622.23$771
Apr 2023077578.122.24$1,734
Mar 2023075772.852.39$1,812
Feb 2023077575.112.47$1,911
Jan 2023095576.533.39$3,235
Dec 2022092276.415.73$5,282
Nov 2022046285.005.65$2,609
Oct 2022063287.185.86$3,706
Sep 2022084684.888.16$6,906
Aug 2022053194.529.13$4,847
Jul 2022098101.587.54$739
Jun 20220704115.097.98$5,616
May 20220576109.378.43$4,857
Apr 20220749104.226.84$5,121
Mar 202201,072108.885.08$5,442
Feb 202201,08391.054.86$5,262
Jan 2022011,21881.844.54$50,904
Dec 2021084971.323.90$3,310
Nov 2021094677.435.24$4,954
Oct 2021352379.795.71$3,228
Sep 2021094969.865.35$5,078
Aug 2021080766.024.22$3,406
Jul 2021068770.783.98$2,736
Jun 2021078669.493.38$2,657
May 2021086663.483.02$2,613
Apr 2021095360.362.76$2,629
Mar 202101,18661.302.72$3,222
Feb 202101,20557.805.55$6,685
Jan 202101,16150.412.81$3,263
Dec 202001,02144.642.68$2,732
Nov 202001,10038.772.71$2,977
Oct 202001,20036.972.48$2,974
Sep 202001,90037.091.99$3,783
Aug 202001,47639.982.39$3,520
Jul 202003,75738.371.83$6,857
Jun 202001,43534.901.69$2,426
May 202001,41616.921.81$2,570
Apr 202001,41114.751.80$2,546
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20131091.233.42$91
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 2012047186.953.62$1,707
Oct 201201,15689.383.40$3,930
Sep 201201,34294.672.92$3,916
Aug 201202,02692.662.91$5,892
Jul 201202,04085.133.02$6,162
Jun 201201,99479.822.52$5,023
May 201202,29391.612.49$5,706
Apr 201201,760101.652.00$3,514
Mar 201201,559105.052.22$3,464
Feb 201201,331101.102.57$3,421
Jan 201201,46898.092.73$4,014
Dec 201101,43596.873.24$4,649
Nov 201101,43095.723.31$4,735
Oct 201101,47384.983.65$5,374
Sep 201101,57383.623.99$6,270
Aug 201101,73883.404.15$7,212
Jul 201101,27094.144.52$5,737
Jun 201101,48692.904.64$6,895
May 201101,69198.134.40$7,449
Apr 201101,648105.964.33$7,141
Mar 201101,75796.364.06$7,129
Feb 201101,58585.644.18$6,625
Jan 201101,77086.504.59$8,122
Dec 201001,84185.734.35$8,004
Nov 201001,94480.843.80$7,378
Oct 201002,14378.103.51$7,520
Sep 201001,21772.633.98$4,843
Aug 201001,48873.684.42$6,576
Jul 201001,79272.554.74$8,488
Jun 201001,86870.364.91$9,173
May 201001,39071.124.24$5,887
Apr 201001,76781.694.12$7,285
Mar 201001,82478.394.39$8,005
Feb 201001,66073.585.44$9,034
Jan 201002,01074.365.96$11,988
Dec 200902,00471.445.48$10,989
Nov 200901,75074.593.75$6,565
Oct 200901,96472.544.11$8,073
Sep 200902,06665.543.06$6,332
Aug 200902,10767.423.22$6,781
Jul 200902,20761.133.46$7,646
Jun 200902,11966.163.90$8,254
May 200902,11854.743.93$8,315
Apr 200901,75246.773.59$6,285
Mar 200901,87442.144.06$7,607
Feb 200911,58232.814.63$7,362
Jan 200902,13335.865.37$11,456
Dec 200802,46837.105.98$14,752
Nov 200802,04455.496.86$14,023
Oct 200801,89675.246.92$13,124
Sep 200801,971101.767.88$15,526
Aug 200802,338114.228.48$19,833
Jul 200802,111131.0811.39$24,043
Jun 200801,666131.3313.03$21,712
May 200802,427123.1711.57$28,091
Apr 200802,882110.3110.45$30,131
Mar 200802,625101.909.66$25,368
Feb 200802,67492.538.77$23,453
Jan 2008163,18590.388.21$27,581
Dec 200703,41088.337.30$24,900
Nov 200703,29591.677.29$24,026
Oct 200703,63382.856.92$25,148
Sep 200704,63275.846.24$28,923
Aug 200706,16669.066.39$39,388
Jul 200701,53170.906.39$9,780
Jun 2007092562.007.55$6,982
May 200703,79258.747.85$29,753
Apr 200703,83059.617.81$29,894
Mar 200704,42556.927.30$32,311
Feb 200704,35555.108.22$35,781
Jan 200705,43450.306.73$36,554
Dec 200606,42356.656.92$44,437
Nov 200606,96854.207.62$53,079
Oct 200624,06054.906.01$24,526
Sep 200603,72260.085.04$18,748
Aug 200604,63668.717.34$34,028
Jul 200603,95769.376.34$25,098
Jun 200604,01266.286.38$25,612
May 200604,63666.016.42$29,786
Apr 200604,56864.397.36$33,623
Mar 200605,78956.707.08$41,003
Feb 200605,85457.597.75$45,375
Jan 200607,84560.598.93$70,082
Dec 200509,34354.9413.42$125,340
Nov 2005013,03054.6910.59$137,967
Oct 200508,58058.3413.80$118,368
Sep 200508,56261.4512.08$103,420
Aug 2005012,60961.519.80$123,528
Jul 2005029,83955.697.84$234,046
Jun 2005040,15952.337.38$296,415
May 20050045.226.65$0
Apr 20050049.207.36$0
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
Sep 20040043.245.28$0
Aug 20040042.375.55$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                  181 Mcf  × $  3.05 =       $551

────────────────────────────────────────────────────
Month total                                     $551

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/212803 is the state's own key, not one this site invented.