VELA

Operated by NOBLE ENERGY INC (P-5 611665) in the JABONCILLOS (YEGUA 4-SEG.B) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 221551District 04Field 45244830CondensateGasSaveExport
Value, all time
$4.2 M
Aug 2006 – May 2012
Value, last 12 filed months
$14 k
at the published price for each month
Months reported
70
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 5 leases and 5 wells, and the rule below applies to all of them.

Discovered
1990-01-13
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: AOF-1 AND AOF-2 EFFECTIVE 05/01/2000.

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
CondensateDisposition6,141 bbl$379,028
GasProduction555,655 Mcf$3,842,144
Total$4,221,172

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 27.5121, -98.2931. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.51211, -98.29308 · 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
100.0%
1 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
8,100 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
1100.0%
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.
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 8,100 ft.

Completions filed
Dec 2010
1 of 1 wells

1 well

42-13138881128,100 ftDec 2010Yes

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 (70)

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

70 months

May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 2012141098.092.73$13,831
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 2010362778.103.51$2,434
Sep 2010561672.633.98$2,815
Aug 201001,05273.684.42$4,649
Jul 201021,08272.554.74$5,270
Jun 2010021670.364.91$1,061
May 201001,43371.124.24$6,069
Apr 201001,35481.694.12$5,582
Mar 20101296978.394.39$5,193
Feb 201001,27773.585.44$6,950
Jan 201061,69574.365.96$10,555
Dec 200961,54171.445.48$8,879
Nov 200901,75974.593.75$6,599
Oct 200901,34172.544.11$5,512
Sep 200901,68565.543.06$5,164
Aug 200992,00967.423.22$7,073
Jul 200901,65361.133.46$5,727
Jun 200962,19566.163.90$8,946
May 2009092254.743.93$3,620
Apr 200902,75446.773.59$9,880
Mar 200921,49242.144.06$6,140
Feb 200902,36032.814.63$10,934
Jan 200921,92235.865.37$10,395
Dec 200803,02837.105.98$18,099
Nov 200812,85355.496.86$19,628
Oct 200822,64575.246.92$18,459
Sep 20081803,077101.767.88$42,555
Aug 200802,108114.228.48$17,882
Jul 200844,317131.0811.39$49,692
Jun 200803,311131.3313.03$43,151
May 200815,432123.1711.57$62,995
Apr 20081585,065110.3110.45$70,383
Mar 200809,010101.909.66$87,073
Feb 200808,99592.538.77$78,891
Jan 2008510,59990.388.21$87,424
Dec 200703,49288.337.30$25,498
Nov 200708,38891.677.29$61,163
Oct 2007012,56382.856.92$86,961
Sep 200717415,05675.846.24$107,208
Aug 2007016,95269.066.39$108,288
Jul 200717118,38770.906.39$129,579
Jun 200718018,99562.007.55$154,543
May 200717819,50458.747.85$163,490
Apr 200717523,69459.617.81$195,368
Mar 200735928,03956.927.30$225,174
Feb 200735829,49555.108.22$262,057
Jan 200735835,41950.306.73$256,266
Dec 200653339,33656.656.92$302,338
Nov 200670946,02654.207.62$389,030
Oct 20061,06060,27754.906.01$420,688
Sep 20061,16661,37260.085.04$379,196
Aug 200617526,26668.717.34$204,815

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.

Jan 2012 — as filed, then multipliedworked
Condensate           141 bbl  × $ 98.09 =    $13,831
Gas                    0 Mcf  × $  2.73 =         $0

────────────────────────────────────────────────────
Month total                                  $13,831

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/221551 is the state's own key, not one this site invented.