VELENO RANCH

Operated by VANTAGE OPERATING, LLC (P-5 882608) 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 224693District 04Field 298012532 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.2 M
Sep 2006 – May 2026
Value, last 12 filed months
$13 k
at the published price for each month
Months reported
237
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 Gas112010-04-07197659
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
CondensateDisposition14 bbl$1,053
GasProduction439,902 Mcf$2,244,831
Total$2,245,885

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 26.9003, -99.2531. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.90035, -99.25305 · 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
10,957 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 10,957 ft.

Completions filed
Dec 2006
1 of 1 wells

1 well

42-505347641ST10,957 ftDec 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 (237)

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

237 months

May 202600106.413.05$0
Apr 2026037498.932.87$1,073
Mar 2026056689.753.15$1,783
Feb 2026026763.503.75$1,001
Jan 2026033259.138.00$2,655
Dec 2025027456.664.41$1,209
Nov 2025022558.593.93$883
Oct 2025026659.383.30$879
Sep 2025025062.743.08$769
Aug 2025023463.933.01$705
Jul 2025031766.743.32$1,051
Jun 2025043066.483.13$1,345
May 2025050860.553.23$1,642
Apr 2025050562.363.54$1,789
Mar 2025051667.704.27$2,202
Feb 2025045670.884.34$1,979
Jan 2025051774.324.28$2,212
Dec 2024056968.993.12$1,776
Nov 2024057169.052.20$1,255
Oct 2024058771.372.28$1,339
Sep 2024058069.612.36$1,371
Aug 2024060775.632.06$1,253
Jul 2024058979.932.15$1,264
Jun 2024064178.082.63$1,688
May 2024047078.812.20$1,033
Apr 2024057684.451.66$956
Mar 2024065180.301.55$1,006
Feb 2024052576.091.78$936
Jan 2024060473.023.30$1,992
Dec 2023060171.262.61$1,569
Nov 2023057377.892.81$1,609
Oct 2023061685.443.09$1,902
Sep 2023058889.042.74$1,608
Aug 2023074280.522.67$1,983
Jul 2023056074.852.64$1,479
Jun 2023061368.962.26$1,384
May 2023060570.622.23$1,348
Apr 2023064878.122.24$1,450
Mar 2023071572.852.39$1,711
Feb 2023046075.112.47$1,134
Jan 2023053976.533.39$1,826
Dec 2022056776.415.73$3,248
Nov 2022059385.005.65$3,348
Oct 2022066287.185.86$3,882
Sep 2022061884.888.16$5,045
Aug 2022065294.529.13$5,951
Jul 20220626101.587.54$4,721
Jun 20220602115.097.98$4,802
May 20220628109.378.43$5,296
Apr 20220609104.226.84$4,164
Mar 20220607108.885.08$3,081
Feb 2022058191.054.86$2,823
Jan 2022064981.844.54$2,945
Dec 2021069471.323.90$2,706
Nov 2021063177.435.24$3,304
Oct 2021066579.795.71$3,800
Sep 2021071669.865.35$3,831
Aug 2021074966.024.22$3,161
Jul 2021075170.783.98$2,991
Jun 2021074369.493.38$2,512
May 2021075963.483.02$2,290
Apr 2021072560.362.76$2,000
Mar 2021080861.302.72$2,195
Feb 2021079357.805.55$4,400
Jan 2021078450.412.81$2,203
Dec 2020075944.642.68$2,031
Nov 2020074338.772.71$2,011
Oct 2020078036.972.48$1,933
Sep 2020079737.091.99$1,587
Aug 2020085939.982.39$2,049
Jul 2020088038.371.83$1,606
Jun 2020079634.901.69$1,345
May 2020081516.921.81$1,479
Apr 2020078514.751.80$1,416
Mar 2020088630.341.86$1,645
Feb 2020080649.881.98$1,596
Jan 2020081957.252.09$1,716
Dec 2019085359.012.30$1,966
Nov 2019079455.302.75$2,184
Oct 2019082753.472.42$2,000
Sep 2019082755.052.66$2,198
Aug 2019089353.112.30$2,058
Jul 201901,01556.272.46$2,497
Jun 2019085252.782.49$2,123
May 2019089258.482.74$2,444
Apr 2019090962.632.75$2,500
Mar 2019095956.803.06$2,937
Feb 2019095250.852.79$2,658
Jan 2019091946.033.23$2,967
Dec 2018093646.594.19$3,918
Nov 2018090952.934.24$3,852
Oct 2018096461.443.40$3,276
Sep 2018095659.543.11$2,971
Aug 2018099059.403.07$3,036
Jul 2018096465.142.93$2,826
Jun 2018095960.183.08$2,951
May 201801,02265.382.90$2,965
Apr 201801,05663.842.90$3,063
Mar 201801,10461.222.79$3,077
Feb 201801,04661.782.77$2,893
Jan 201801,24262.874.01$4,980
Dec 201701,32157.272.92$3,859
Nov 201701,35555.423.12$4,225
Oct 201701,11449.292.98$3,324
Sep 201701,05147.523.09$3,245
Aug 201701,18345.373.00$3,554
Jul 201701,22643.873.09$3,785
Jun 201701,41742.493.09$4,375
May 201701,20345.373.26$3,926
Apr 201701,11747.933.21$3,587
Mar 201701,18546.772.98$3,536
Feb 201701,06250.452.95$3,136
Jan 201701,30349.413.42$4,455
Dec 201601,22348.763.72$4,553
Nov 201601,18442.492.64$3,131
Oct 201601,26446.193.09$3,906
Sep 201601,25341.553.10$3,885
Aug 201601,31541.442.92$3,846
Jul 201601,32941.622.92$3,886
Jun 201601,22045.352.69$3,277
May 201601,30542.521.99$2,598
Apr 201601,17436.561.99$2,337
Mar 201601,23233.011.79$2,210
Feb 201601,22926.472.06$2,536
Jan 201601,32527.352.36$3,133
Dec 201501,33832.362.00$2,678
Nov 201501,42738.792.17$3,093
Oct 201501,33943.552.43$3,249
Sep 201501,33842.992.76$3,691
Aug 201501,48740.162.87$4,271
Jul 201501,48848.152.95$4,382
Jun 201501,40156.152.88$4,039
May 201501,46555.212.96$4,330
Apr 201501,39249.822.71$3,768
Mar 201501,49242.892.93$4,379
Feb 201501,36444.662.98$4,060
Jan 201501,50343.433.10$4,660
Dec 201401,56554.693.59$5,620
Nov 201401,55170.464.25$6,595
Oct 201401,60178.303.90$6,245
Sep 201401,39286.164.05$5,631
Aug 201401,56989.394.04$6,331
Jul 201401,56696.564.18$6,545
Jun 201401,52298.164.74$7,210
May 201401,65594.734.73$7,822
Apr 201401,61795.944.81$7,776
Mar 201401,73695.895.06$8,779
Feb 201401,62097.406.19$10,031
Jan 201401,67290.404.86$8,127
Dec 201301,75691.824.35$7,646
Nov 201301,77388.853.74$6,628
Oct 201301,84497.423.78$6,969
Sep 201302,390104.113.72$8,885
Aug 201301,003104.253.52$3,533
Jul 20130883102.523.72$3,283
Jun 201301,55094.403.93$6,097
May 201301,75494.834.15$7,277
Apr 201301,78693.964.28$7,649
Mar 201301,79493.623.91$7,020
Feb 201301,60491.233.42$5,486
Jan 201301,82391.603.42$6,235
Dec 201201,93986.773.42$6,632
Nov 201201,83586.953.62$6,652
Oct 201201,87289.383.40$6,364
Sep 201201,73694.672.92$5,066
Aug 201201,92292.662.91$5,589
Jul 201201,95685.133.02$5,909
Jun 201201,95379.822.52$4,920
May 201201,93291.612.49$4,807
Apr 201201,884101.652.00$3,762
Mar 201202,017105.052.22$4,482
Feb 201201,950101.102.57$5,012
Jan 201201,90198.092.73$5,197
Dec 201101,96496.873.24$6,363
Nov 201102,05795.723.31$6,811
Oct 201102,13984.983.65$7,804
Sep 201102,07483.623.99$8,267
Aug 201102,11083.404.15$8,755
Jul 201102,12694.144.52$9,604
Jun 201102,11292.904.64$9,799
May 201112,22598.134.40$9,899
Apr 201102,158105.964.33$9,351
Mar 201102,22896.364.06$9,040
Feb 201102,03185.644.18$8,490
Jan 201102,29486.504.59$10,527
Dec 201002,33885.734.35$10,165
Nov 201002,32180.843.80$8,809
Oct 201002,38678.103.51$8,372
Sep 201002,33572.633.98$9,292
Aug 201012,41273.684.42$10,733
Jul 201002,41672.554.74$11,443
Jun 201032,36470.364.91$11,819
May 201012,46671.124.24$10,515
Apr 201002,29281.694.12$9,449
Mar 201022,57378.394.39$11,449
Feb 201012,27473.585.44$12,450
Jan 201032,56074.365.96$15,491
Dec 200912,66171.445.48$14,664
Nov 200912,60674.593.75$9,851
Oct 200902,78572.544.11$11,447
Sep 200902,76465.543.06$8,471
Aug 200902,97267.423.22$9,565
Jul 200902,96861.133.46$10,283
Jun 200902,87266.163.90$11,186
May 200902,94654.743.93$11,565
Apr 200902,92246.773.59$10,483
Mar 200903,05042.144.06$12,380
Feb 200902,24132.814.63$10,383
Jan 200903,00035.865.37$16,113
Dec 200802,90637.105.98$17,370
Nov 200803,01455.496.86$20,677
Oct 200803,16075.246.92$21,873
Sep 200803,155101.767.88$24,852
Aug 200803,430114.228.48$29,097
Jul 200803,496131.0811.39$39,817
Jun 200803,476131.3313.03$45,301
May 200803,709123.1711.57$42,929
Apr 200803,635110.3110.45$38,003
Mar 200803,907101.909.66$37,758
Feb 200803,92992.538.77$34,460
Jan 200804,25290.388.21$34,891
Dec 200704,84188.337.30$35,349
Nov 200704,96991.677.29$36,232
Oct 200705,08482.856.92$35,191
Sep 200705,29875.846.24$33,082
Aug 200705,85969.066.39$37,427
Jul 200705,83470.906.39$37,267
Jun 200706,13362.007.55$46,295
May 200706,80958.747.85$53,425
Apr 200707,00459.617.81$54,668
Mar 200706,58156.927.30$48,054
Feb 200707,60055.108.22$62,442
Jan 200709,30450.306.73$62,587
Dec 200608,59556.656.92$59,464
Nov 2006012,06554.207.62$91,905
Oct 2006022,20954.906.01$133,560
Sep 2006014,01560.085.04$70,596

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.

Apr 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $ 98.93 =         $0
Gas                  374 Mcf  × $  2.87 =     $1,073

────────────────────────────────────────────────────
Month total                                   $1,073

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/224693 is the state's own key, not one this site invented.