VELA, J.M.

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

Gas lease lease 213775District 04Field 509250152 tax incentive programmesCondensateGasSaveExport
Value, all time
$14.6 M
Apr 2005 – May 2026
Value, last 12 filed months
$49 k
at the published price for each month
Months reported
254
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 719 leases and 719 wells, and the rule below applies to all of them.

Discovered
1999-06-29
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 Gas112007-11-19172420
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
CondensateDisposition300 bbl$19,858
GasProduction2,180,883 Mcf$14,580,317
Total$14,600,175

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 27.2832, -99.3713. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.28324, -99.37128 · 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
9,000 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 9,000 ft.

Completions filed
Apr 2005
1 of 1 wells

1 well

42-50535229159,000 ftApr 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 (254)

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

254 months

May 20260958106.413.05$2,918
Apr 2026091498.932.87$2,623
Mar 2026083089.753.15$2,614
Feb 2026097963.503.75$3,672
Jan 2026096659.138.00$7,726
Dec 2025094656.664.41$4,175
Nov 202501,04658.593.93$4,107
Oct 202501,33759.383.30$4,419
Sep 202501,29862.743.08$3,994
Aug 202501,34763.933.01$4,061
Jul 202501,34766.743.32$4,466
Jun 202501,34066.483.13$4,192
May 202501,13160.553.23$3,656
Apr 202501,39662.363.54$4,946
Mar 202501,68067.704.27$7,171
Feb 202501,44570.884.34$6,273
Jan 202501,44774.324.28$6,191
Dec 202401,49568.993.12$4,666
Nov 202401,57769.052.20$3,467
Oct 202401,65571.372.28$3,776
Sep 202401,58869.612.36$3,755
Aug 202401,74475.632.06$3,599
Jul 202401,64979.932.15$3,540
Jun 202401,71078.082.63$4,504
May 202401,79478.812.20$3,944
Apr 202401,93484.451.66$3,209
Mar 202401,94480.301.55$3,004
Feb 202401,58476.091.78$2,825
Jan 202401,63973.023.30$5,405
Dec 202301,68571.262.61$4,399
Nov 202301,62577.892.81$4,562
Oct 202301,65385.443.09$5,103
Sep 202301,70689.042.74$4,666
Aug 202301,56580.522.67$4,183
Jul 202301,51774.852.64$4,008
Jun 202301,48968.962.26$3,363
May 202301,50770.622.23$3,357
Apr 202301,50178.122.24$3,359
Mar 202301,70972.852.39$4,090
Feb 202301,57975.112.47$3,893
Jan 202301,73176.533.39$5,864
Dec 202201,77276.415.73$10,152
Nov 202201,73485.005.65$9,791
Oct 202201,82787.185.86$10,713
Sep 202201,80184.888.16$14,703
Aug 202201,89794.529.13$17,314
Jul 202201,908101.587.54$14,390
Jun 202201,844115.097.98$14,710
May 202201,878109.378.43$15,837
Apr 202201,827104.226.84$12,492
Mar 202201,892108.885.08$9,605
Feb 202201,77691.054.86$8,629
Jan 202201,83481.844.54$8,322
Dec 202102,09671.323.90$8,173
Nov 202102,04977.435.24$10,730
Oct 202101,90479.795.71$10,879
Sep 202102,02469.865.35$10,830
Aug 202102,16266.024.22$9,125
Jul 202102,21070.783.98$8,800
Jun 202104,41269.493.38$14,915
May 202102,21063.483.02$6,669
Apr 202102,11860.362.76$5,842
Mar 202102,28861.302.72$6,216
Feb 202101,91557.805.55$10,624
Jan 202102,20750.412.81$6,202
Dec 202002,22144.642.68$5,942
Nov 202002,25838.772.71$6,111
Oct 202002,35536.972.48$5,837
Sep 202002,22137.091.99$4,422
Aug 202002,31539.982.39$5,522
Jul 202002,18938.371.83$3,995
Jun 202002,26334.901.69$3,825
May 202002,47416.921.81$4,490
Apr 202002,42514.751.80$4,376
Mar 202002,50630.341.86$4,652
Feb 202002,37849.881.98$4,710
Jan 202002,57757.252.09$5,398
Dec 201902,43059.012.30$5,600
Nov 201902,34055.302.75$6,437
Oct 201902,46553.472.42$5,962
Sep 201902,22555.052.66$5,912
Aug 201902,36453.112.30$5,448
Jul 201902,34256.272.46$5,761
Jun 201902,33252.782.49$5,809
May 201902,43458.482.74$6,670
Apr 201902,42162.632.75$6,659
Mar 201902,67756.803.06$8,197
Feb 201902,29150.852.79$6,397
Jan 201902,34246.033.23$7,560
Dec 201802,11046.594.19$8,831
Nov 201802,48352.934.24$10,521
Oct 201802,58461.443.40$8,781
Sep 201802,60959.543.11$8,109
Aug 201802,65359.403.07$8,136
Jul 201802,67765.142.93$7,849
Jun 201802,67560.183.08$8,231
May 201802,84265.382.90$8,244
Apr 201802,76063.842.90$8,006
Mar 201802,84861.222.79$7,937
Feb 201802,61961.782.77$7,244
Jan 201802,95962.874.01$11,864
Dec 201702,91157.272.92$8,505
Nov 201702,92855.423.12$9,131
Oct 201702,96349.292.98$8,841
Sep 201702,80247.523.09$8,651
Aug 201702,96445.373.00$8,905
Jul 201702,86643.873.09$8,848
Jun 201702,75042.493.09$8,490
May 201703,11545.373.26$10,165
Apr 201702,83047.933.21$9,089
Mar 201703,11246.772.98$9,285
Feb 201702,90450.452.95$8,574
Jan 201703,24749.413.42$11,101
Dec 201603,12048.763.72$11,615
Nov 201603,11142.492.64$8,227
Oct 201603,50246.193.09$10,822
Sep 201603,20941.553.10$9,950
Aug 201603,19341.442.92$9,337
Jul 201693,01541.622.92$9,191
Jun 201602,94845.352.69$7,918
May 201603,31442.521.99$6,598
Apr 201602,85636.561.99$5,686
Mar 2016253,16533.011.79$6,503
Feb 201603,20826.472.06$6,620
Jan 201603,22327.352.36$7,620
Dec 201503,50832.362.00$7,021
Nov 201503,57038.792.17$7,737
Oct 201503,59743.552.43$8,728
Sep 201503,84142.992.76$10,595
Aug 201503,03240.162.87$8,709
Jul 201503,06748.152.95$9,033
Jun 201503,16356.152.88$9,118
May 201503,35355.212.96$9,910
Apr 201503,27249.822.71$8,856
Mar 201503,87542.892.93$11,372
Feb 201573,56044.662.98$10,908
Jan 201503,92143.433.10$12,158
Dec 201403,99854.693.59$14,358
Nov 201403,86470.464.25$16,429
Oct 201404,40778.303.90$17,192
Sep 201404,23286.164.05$17,120
Aug 201404,53589.394.04$18,299
Jul 201404,62196.564.18$19,314
Jun 201404,71698.164.74$22,339
May 201405,13494.734.73$24,266
Apr 201403,64395.944.81$17,520
Mar 201403,59895.895.06$18,194
Feb 201402,94897.406.19$18,254
Jan 201403,90490.404.86$18,976
Dec 2013384,23991.824.35$21,948
Nov 201304,06288.853.74$15,185
Oct 201304,30097.423.78$16,251
Sep 201302,568104.113.72$9,547
Aug 201303,857104.253.52$13,587
Jul 201304,959102.523.72$18,436
Jun 201304,21694.403.93$16,583
May 201304,70694.834.15$19,526
Apr 2013165,49793.964.28$25,045
Mar 201303,98893.623.91$15,605
Feb 201304,93491.233.42$16,874
Jan 201303,55491.603.42$12,154
Dec 201205,64186.773.42$19,293
Nov 201203,87286.953.62$14,036
Oct 201205,46689.383.40$18,583
Sep 201204,68094.672.92$13,658
Aug 201204,72192.662.91$13,729
Jul 201205,46885.133.02$16,518
Jun 201205,35579.822.52$13,489
May 201205,84391.612.49$14,539
Apr 201206,287101.652.00$12,554
Mar 201205,357105.052.22$11,904
Feb 201205,442101.102.57$13,987
Jan 201206,88098.092.73$18,810
Dec 201106,16296.873.24$19,963
Nov 201106,62395.723.31$21,931
Oct 201107,58784.983.65$27,681
Sep 201106,07283.623.99$24,202
Aug 201104,94183.404.15$20,502
Jul 201106,15094.144.52$27,781
Jun 201106,45292.904.64$29,937
May 201106,84698.134.40$30,155
Apr 201106,931105.964.33$30,034
Mar 201107,72496.364.06$31,339
Feb 201106,93085.644.18$28,967
Jan 201107,29686.504.59$33,480
Dec 201007,86685.734.35$34,199
Nov 201007,73980.843.80$29,372
Oct 201006,15178.103.51$21,583
Sep 201006,14572.633.98$24,454
Aug 201007,69673.684.42$34,011
Jul 201007,60972.554.74$36,040
Jun 201008,64970.364.91$42,470
May 201009,10271.124.24$38,549
Apr 201008,63181.694.12$35,583
Mar 201008,88078.394.39$38,971
Feb 201008,91373.585.44$48,508
Jan 201009,23874.365.96$55,096
Dec 200909,84571.445.48$53,988
Nov 200909,75974.593.75$36,611
Oct 200909,86972.544.11$40,564
Sep 2009010,62565.543.06$32,563
Aug 2009010,71067.423.22$34,470
Jul 2009011,71561.133.46$40,587
Jun 2009012,00466.163.90$46,756
May 2009010,43054.743.93$40,946
Apr 2009011,20746.773.59$40,205
Mar 2009012,14442.144.06$49,293
Feb 2009010,86832.814.63$50,351
Jan 2009013,21335.865.37$70,967
Dec 2008014,37237.105.98$85,903
Nov 2008013,40255.496.86$91,943
Oct 2008010,73775.246.92$74,321
Sep 2008011,441101.767.88$90,122
Aug 2008014,352114.228.48$121,748
Jul 2008012,735131.0811.39$145,044
Jun 2008012,794131.3313.03$166,739
May 2008014,296123.1711.57$165,466
Apr 2008013,907110.3110.45$145,396
Mar 2008014,583101.909.66$140,931
Feb 2008015,06592.538.77$132,129
Jan 2008016,92490.388.21$138,874
Dec 2007017,74488.337.30$129,566
Nov 2007317,71691.677.29$129,455
Oct 20071319,16882.856.92$133,758
Sep 20074319,96575.846.24$127,926
Aug 20071721,71269.066.39$139,869
Jul 20072423,07470.906.39$149,097
Jun 2007824,21362.007.55$183,267
May 2007025,26558.747.85$198,236
Apr 2007027,85759.617.81$217,429
Mar 2007029,93156.927.30$218,555
Feb 2007525,53555.108.22$210,071
Jan 20071929,75350.306.73$201,100
Dec 20067131,45556.656.92$221,642
Nov 2006035,13954.207.62$267,671
Oct 2006135,02954.906.01$210,712
Sep 2006135,67260.085.04$179,747
Aug 2006040,88068.717.34$300,056
Jul 2006040,48769.376.34$256,799
Jun 2006042,88566.286.38$273,773
May 2006046,93166.016.42$301,532
Apr 2006048,19664.397.36$354,746
Mar 2006054,61156.707.08$386,805
Feb 2006052,36057.597.75$405,849
Jan 2006060,78560.598.93$543,012
Dec 2005063,59954.9413.42$853,206
Nov 2005056,31454.6910.59$596,275
Oct 2005059,32058.3413.80$818,364
Sep 2005062,10261.4512.08$750,130
Aug 2005048,79461.519.80$478,027
Jul 2005046,81055.697.84$367,161
Jun 2005025,75752.337.38$190,113
May 2005043,80045.226.65$291,321
Apr 2005015,95149.207.36$117,407

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                  958 Mcf  × $  3.05 =     $2,918

────────────────────────────────────────────────────
Month total                                   $2,918

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/213775 is the state's own key, not one this site invented.