VELA ESTATE

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

Gas lease lease 223373District 04Field 779730252 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.2 M
Oct 2006 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
236
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 7 leases and 7 wells, and the rule below applies to all of them.

Discovered
1995-09-19
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 10/01/2001.

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 Gas112007-04-24173708
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
CondensateDisposition82 bbl$5,348
GasProduction215,090 Mcf$1,162,115
Total$1,167,462

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 26.7433, -99.2246. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.74331, -99.22462 · 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
11,206 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 11,206 ft.

Completions filed
Oct 2006
1 of 1 wells

1 well

42-505354742111,206 ftOct 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 (236)

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

236 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 202407073.023.30$231
Dec 2023013771.262.61$358
Nov 2023013377.892.81$373
Oct 2023014885.443.09$457
Sep 2023017989.042.74$490
Aug 202304880.522.67$128
Jul 202304374.852.64$114
Jun 2023013968.962.26$314
May 2023015970.622.23$354
Apr 2023013678.122.24$304
Mar 202309872.852.39$235
Feb 202306375.112.47$155
Jan 2023014076.533.39$474
Dec 2022024576.415.73$1,404
Nov 2022014685.005.65$824
Oct 2022022587.185.86$1,319
Sep 2022022884.888.16$1,861
Aug 2022022294.529.13$2,026
Jul 20220220101.587.54$1,659
Jun 20220228115.097.98$1,819
May 20220224109.378.43$1,889
Apr 20220217104.226.84$1,484
Mar 20220178108.885.08$904
Feb 202205591.054.86$267
Jan 202201181.844.54$50
Dec 202102171.323.90$82
Nov 2021010777.435.24$560
Oct 2021020579.795.71$1,171
Sep 2021013069.865.35$696
Aug 2021024866.024.22$1,047
Jul 2021034070.783.98$1,354
Jun 2021010169.493.38$341
May 2021015563.483.02$468
Apr 2021023960.362.76$659
Mar 2021026761.302.72$725
Feb 2021020557.805.55$1,137
Jan 2021019950.412.81$559
Dec 2020032244.642.68$862
Nov 2020059938.772.71$1,621
Oct 2020026636.972.48$659
Sep 2020022637.091.99$450
Aug 2020025439.982.39$606
Jul 2020028038.371.83$511
Jun 2020026234.901.69$443
May 2020030916.921.81$561
Apr 2020023214.751.80$419
Mar 2020027630.341.86$512
Feb 2020033649.881.98$666
Jan 2020061357.252.09$1,284
Dec 2019065959.012.30$1,519
Nov 2019020555.302.75$564
Oct 2019022253.472.42$537
Sep 2019024655.052.66$654
Aug 2019025753.112.30$592
Jul 2019027956.272.46$686
Jun 2019027252.782.49$678
May 2019027758.482.74$759
Apr 2019023262.632.75$638
Mar 2019010956.803.06$334
Feb 2019034850.852.79$972
Jan 2019050746.033.23$1,637
Dec 2018062746.594.19$2,624
Nov 2018021752.934.24$919
Oct 2018022861.443.40$775
Sep 2018030359.543.11$942
Aug 2018035059.403.07$1,073
Jul 2018041965.142.93$1,228
Jun 2018022960.183.08$705
May 2018035465.382.90$1,027
Apr 2018033263.842.90$963
Mar 2018056361.222.79$1,569
Feb 2018063061.782.77$1,743
Jan 2018047162.874.01$1,888
Dec 2017026457.272.92$771
Nov 2017048455.423.12$1,509
Oct 2017042649.292.98$1,271
Sep 2017050347.523.09$1,553
Aug 2017047145.373.00$1,415
Jul 2017046543.873.09$1,436
Jun 2017040542.493.09$1,250
May 2017044445.373.26$1,449
Apr 2017063847.933.21$2,049
Mar 2017043746.772.98$1,304
Feb 2017039250.452.95$1,157
Jan 2017072349.413.42$2,472
Dec 2016013648.763.72$506
Nov 201608342.492.64$219
Oct 201608346.193.09$256
Sep 201606641.553.10$205
Aug 2016027141.442.92$793
Jul 2016051841.622.92$1,515
Jun 2016018545.352.69$497
May 2016031342.521.99$623
Apr 2016086736.561.99$1,726
Mar 2016013633.011.79$244
Feb 2016012826.472.06$264
Jan 201608327.352.36$196
Dec 20150632.362.00$12
Nov 2015022638.792.17$490
Oct 2015020243.552.43$490
Sep 201506842.992.76$188
Aug 201507240.162.87$207
Jul 2015012648.152.95$371
Jun 2015016756.152.88$481
May 2015039255.212.96$1,159
Apr 2015026649.822.71$720
Mar 2015038142.892.93$1,118
Feb 2015037844.662.98$1,125
Jan 2015045843.433.10$1,420
Dec 2014067454.693.59$2,421
Nov 201401,01270.464.25$4,303
Oct 201401,18778.303.90$4,630
Sep 201401,36286.164.05$5,510
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 201406498.164.74$303
May 201401,34994.734.73$6,376
Apr 201401,96495.944.81$9,445
Mar 201401,03095.895.06$5,209
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130691.824.35$26
Nov 201301888.853.74$67
Oct 2013077097.423.78$2,910
Sep 20130389104.113.72$1,446
Aug 20130845104.253.52$2,977
Jul 20130800102.523.72$2,974
Jun 2013061794.403.93$2,427
May 2013075694.834.15$3,137
Apr 2013059793.964.28$2,557
Mar 2013066493.623.91$2,598
Feb 2013060391.233.42$2,062
Jan 2013073591.603.42$2,514
Dec 2012065286.773.42$2,230
Nov 2012084086.953.62$3,045
Oct 2012069689.383.40$2,366
Sep 2012067094.672.92$1,955
Aug 2012058392.662.91$1,695
Jul 201201,05185.133.02$3,175
Jun 201201,10179.822.52$2,773
May 201201,50191.612.49$3,735
Apr 201201,914101.652.00$3,822
Mar 201201,831105.052.22$4,069
Feb 20120351101.102.57$902
Jan 2012029898.092.73$815
Dec 2011022496.873.24$726
Nov 2011022195.723.31$732
Oct 2011021084.983.65$766
Sep 2011055683.623.99$2,216
Aug 2011051783.404.15$2,145
Jul 2011077694.144.52$3,505
Jun 2011062492.904.64$2,895
May 2011058698.134.40$2,581
Apr 20110987105.964.33$4,277
Mar 201101,02696.364.06$4,163
Feb 2011081585.644.18$3,407
Jan 201101,10286.504.59$5,057
Dec 201001,08985.734.35$4,735
Nov 201001,10780.843.80$4,201
Oct 201002,08678.103.51$7,320
Sep 201002,47872.633.98$9,861
Aug 201002,57073.684.42$11,358
Jul 201002,81772.554.74$13,343
Jun 201002,89170.364.91$14,196
May 201003,09471.124.24$13,104
Apr 201003,00381.694.12$12,380
Mar 201003,40578.394.39$14,943
Feb 201003,30573.585.44$17,987
Jan 201004,68974.365.96$27,966
Dec 200901,96271.445.48$10,759
Nov 200922,06574.593.75$7,896
Oct 200901,12572.544.11$4,624
Sep 200921,69265.543.06$5,317
Aug 200921,82767.423.22$6,015
Jul 200922,54061.133.46$8,922
Jun 200922,66766.163.90$10,520
May 200942,87954.743.93$11,521
Apr 200922,36846.773.59$8,589
Mar 200945,18742.144.06$21,223
Feb 200923,26032.814.63$15,169
Jan 200913,46935.865.37$18,668
Dec 200833,23237.105.98$19,429
Nov 200803,32455.496.86$22,804
Oct 200823,50175.246.92$24,384
Sep 200823,480101.767.88$27,616
Aug 200803,319114.228.48$28,155
Jul 200811,815131.0811.39$20,803
Jun 200811,795131.3313.03$23,525
May 200811,904123.1711.57$22,161
Apr 200811,761110.3110.45$18,521
Mar 200821,341101.909.66$13,163
Feb 200811,47892.538.77$13,055
Jan 200821,85390.388.21$15,386
Dec 200731,95688.337.30$14,548
Nov 200711,94591.677.29$14,274
Oct 200722,35282.856.92$16,446
Sep 200702,22875.846.24$13,912
Aug 200722,56469.066.39$16,517
Jul 200712,73570.906.39$17,542
Jun 200762,86162.007.55$21,968
May 200703,53858.747.85$27,760
Apr 200744,39659.617.81$34,550
Mar 200723,33556.927.30$24,466
Feb 200723,14055.108.22$25,908
Jan 200724,31550.306.73$29,127
Dec 200635,27556.656.92$36,665
Nov 200648,53254.207.62$65,209
Oct 2006119,48354.906.01$57,633

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 2024 — as filed, then multipliedworked
Condensate             0 bbl  × $ 73.02 =         $0
Gas                   70 Mcf  × $  3.30 =       $231

────────────────────────────────────────────────────
Month total                                     $231

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/223373 is the state's own key, not one this site invented.