VELA-LOPENO

Operated by HUGOTON OPERATING COMPANY, INC. (P-5 412178) in the FALCON LAKE, E. (WILCOX W-17) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 229365District 04Field 300846002 tax incentive programmesGasSaveExport
Value, all time
$10.7 M
Dec 2006 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
234
no gaps in the span
Streams
1
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 2 leases and 2 wells, and the rule below applies to all of them.

Discovered
2006-12-15
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: COMPLETED IN THIS FIELD EFFECTIVE 7/31/2017

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 Gas112008-01-14179818
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
GasProduction1,710,746 Mcf$10,749,364
Total$10,749,364

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 26.7455, -99.0751. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.74545, -99.07515 · 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
13,200 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 13,200 ft.

Completions filed
Dec 2006
1 of 1 wells

1 well

42-50535596113,200 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 (234)

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

234 months

May 20260106.413.05$0
Apr 2026098.932.87$0
Mar 2026089.753.15$0
Feb 2026063.503.75$0
Jan 2026059.138.00$0
Dec 2025056.664.41$0
Nov 2025058.593.93$0
Oct 2025059.383.30$0
Sep 2025062.743.08$0
Aug 2025063.933.01$0
Jul 2025066.743.32$0
Jun 2025066.483.13$0
May 2025060.553.23$0
Apr 2025062.363.54$0
Mar 2025067.704.27$0
Feb 2025070.884.34$0
Jan 2025074.324.28$0
Dec 2024068.993.12$0
Nov 2024069.052.20$0
Oct 2024071.372.28$0
Sep 2024069.612.36$0
Aug 2024075.632.06$0
Jul 2024079.932.15$0
Jun 2024078.082.63$0
May 2024078.812.20$0
Apr 2024084.451.66$0
Mar 2024080.301.55$0
Feb 2024076.091.78$0
Jan 2024073.023.30$0
Dec 2023071.262.61$0
Nov 2023077.892.81$0
Oct 2023085.443.09$0
Sep 2023089.042.74$0
Aug 2023080.522.67$0
Jul 2023074.852.64$0
Jun 2023068.962.26$0
May 2023070.622.23$0
Apr 2023078.122.24$0
Mar 2023072.852.39$0
Feb 2023075.112.47$0
Jan 2023076.533.39$0
Dec 2022076.415.73$0
Nov 2022085.005.65$0
Oct 2022087.185.86$0
Sep 2022084.888.16$0
Aug 2022094.529.13$0
Jul 20220101.587.54$0
Jun 20220115.097.98$0
May 20220109.378.43$0
Apr 20220104.226.84$0
Mar 20220108.885.08$0
Feb 2022091.054.86$0
Jan 2022081.844.54$0
Dec 2021071.323.90$0
Nov 2021077.435.24$0
Oct 2021079.795.71$0
Sep 2021069.865.35$0
Aug 2021066.024.22$0
Jul 2021070.783.98$0
Jun 2021069.493.38$0
May 2021063.483.02$0
Apr 2021060.362.76$0
Mar 2021061.302.72$0
Feb 2021057.805.55$0
Jan 2021050.412.81$0
Dec 2020044.642.68$0
Nov 2020038.772.71$0
Oct 2020036.972.48$0
Sep 2020037.091.99$0
Aug 2020039.982.39$0
Jul 2020038.371.83$0
Jun 2020034.901.69$0
May 2020016.921.81$0
Apr 2020014.751.80$0
Mar 2020030.341.86$0
Feb 2020049.881.98$0
Jan 2020057.252.09$0
Dec 2019059.012.30$0
Nov 2019055.302.75$0
Oct 2019053.472.42$0
Sep 2019055.052.66$0
Aug 2019053.112.30$0
Jul 2019056.272.46$0
Jun 2019052.782.49$0
May 2019058.482.74$0
Apr 2019062.632.75$0
Mar 2019056.803.06$0
Feb 2019050.852.79$0
Jan 2019046.033.23$0
Dec 2018046.594.19$0
Nov 2018052.934.24$0
Oct 2018061.443.40$0
Sep 2018059.543.11$0
Aug 2018059.403.07$0
Jul 2018065.142.93$0
Jun 2018060.183.08$0
May 2018065.382.90$0
Apr 2018063.842.90$0
Mar 2018061.222.79$0
Feb 2018061.782.77$0
Jan 2018062.874.01$0
Dec 2017057.272.92$0
Nov 2017055.423.12$0
Oct 2017049.292.98$0
Sep 2017047.523.09$0
Aug 2017045.373.00$0
Jul 201715943.873.09$491
Jun 20172,00742.493.09$6,196
May 20172,14145.373.26$6,987
Apr 20172,26847.933.21$7,284
Mar 20172,29046.772.98$6,833
Feb 20172,06550.452.95$6,097
Jan 20171,80949.413.42$6,185
Dec 20161,86548.763.72$6,943
Nov 20161,80442.492.64$4,770
Oct 20162,03346.193.09$6,283
Sep 20162,06241.553.10$6,394
Aug 20162,15941.442.92$6,314
Jul 20162,21241.622.92$6,469
Jun 20162,24345.352.69$6,024
May 20162,40842.521.99$4,794
Apr 20162,44536.561.99$4,868
Mar 20162,56233.011.79$4,596
Feb 20162,43326.472.06$5,021
Jan 20162,50627.352.36$5,925
Dec 20152,12032.362.00$4,243
Nov 20152,45138.792.17$5,312
Oct 20152,35343.552.43$5,710
Sep 20151,24342.992.76$3,429
Aug 20151,15840.162.87$3,326
Jul 201590948.152.95$2,677
Jun 20152,00056.152.88$5,766
May 20152,80255.212.96$8,281
Apr 20152,67749.822.71$7,245
Mar 20153,08742.892.93$9,059
Feb 20152,90444.662.98$8,643
Jan 20154,21643.433.10$13,072
Dec 20144,49354.693.59$16,136
Nov 20142,10270.464.25$8,937
Oct 20143,70178.303.90$14,437
Sep 20143,47986.164.05$14,074
Aug 20143,55189.394.04$14,329
Jul 20143,84996.564.18$16,087
Jun 20143,75998.164.74$17,806
May 20143,89894.734.73$18,424
Apr 20143,63995.944.81$17,500
Mar 20143,66595.895.06$18,533
Feb 20143,31097.406.19$20,496
Jan 20143,80590.404.86$18,495
Dec 20134,07491.824.35$17,740
Nov 20134,43388.853.74$16,572
Oct 20133,50297.423.78$13,235
Sep 20134,187104.113.72$15,566
Aug 20134,836104.253.52$17,035
Jul 20134,800102.523.72$17,845
Jun 20134,67294.403.93$18,377
May 20134,76594.834.15$19,770
Apr 20134,68193.964.28$20,047
Mar 20135,47493.623.91$21,419
Feb 20134,31791.233.42$14,764
Jan 20136,12491.603.42$20,944
Dec 20124,89486.773.42$16,738
Nov 20125,65786.953.62$20,506
Oct 20127,15189.383.40$24,311
Sep 20125,45694.672.92$15,923
Aug 20124,63092.662.91$13,465
Jul 20124,13285.133.02$12,482
Jun 20124,85879.822.52$12,238
May 20123,68391.612.49$9,164
Apr 20126,229101.652.00$12,438
Mar 20123,483105.052.22$7,740
Feb 20124,805101.102.57$12,350
Jan 20125,10298.092.73$13,949
Dec 20116,77496.873.24$21,946
Nov 20116,76295.723.31$22,391
Oct 20116,55684.983.65$23,920
Sep 20118,03383.623.99$32,018
Aug 20118,28683.404.15$34,381
Jul 201110,40394.144.52$46,993
Jun 20114,81692.904.64$22,346
May 20116,78498.134.40$29,882
Apr 20118,360105.964.33$36,226
Mar 20115,55096.364.06$22,518
Feb 20119,92585.644.18$41,486
Jan 201110,78186.504.59$49,472
Dec 201011,69685.734.35$50,851
Nov 201010,47580.843.80$39,756
Oct 201010,53878.103.51$36,977
Sep 201011,40072.633.98$45,366
Aug 201012,18373.684.42$53,841
Jul 201011,88972.554.74$56,312
Jun 201012,36170.364.91$60,697
May 201012,26671.124.24$51,949
Apr 201012,54681.694.12$51,723
Mar 201013,83478.394.39$60,713
Feb 201013,02373.585.44$70,876
Jan 201014,66374.365.96$87,451
Dec 200916,81571.445.48$92,209
Nov 200912,34174.593.75$46,297
Oct 200916,99172.544.11$69,837
Sep 200916,21965.543.06$49,707
Aug 200916,56667.423.22$53,318
Jul 200916,30661.133.46$56,492
Jun 200916,18066.163.90$63,021
May 200917,75654.743.93$69,706
Apr 200917,26146.773.59$61,924
Mar 200918,29742.144.06$74,268
Feb 200917,22432.814.63$79,799
Jan 200920,49735.865.37$110,089
Dec 200820,36137.105.98$121,701
Nov 200821,10455.496.86$144,781
Oct 200822,85975.246.92$158,230
Sep 200823,196101.767.88$182,717
Aug 200824,432114.228.48$207,257
Jul 200825,434131.0811.39$289,679
Jun 200825,536131.3313.03$332,801
May 200827,411123.1711.57$317,263
Apr 200827,068110.3110.45$282,992
Mar 200829,202101.909.66$282,210
Feb 200828,68592.538.77$251,584
Jan 200832,98390.388.21$270,650
Dec 200734,31388.337.30$250,553
Nov 200734,98191.677.29$255,071
Oct 200738,45782.856.92$266,199
Sep 200738,13475.846.24$238,115
Aug 200741,93369.066.39$267,865
Jul 200747,29970.906.39$302,143
Jun 200748,92562.007.55$369,308
May 200756,12858.747.85$440,396
Apr 200757,27659.617.81$447,051
Mar 200766,62356.927.30$486,479
Feb 200776,33455.108.22$627,160
Jan 2007108,84650.306.73$732,191
Dec 200684,28256.656.92$583,100

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.

Jul 2017 — as filed, then multipliedworked
Gas                  159 Mcf  × $  3.09 =       $491

────────────────────────────────────────────────────
Month total                                     $491

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/229365 is the state's own key, not one this site invented.