VELA, G.O. ET AL "A"

Operated by MERIT ENERGY COMPANY (P-5 561136) in the ROLETA (WILCOX CONSOLIDATED) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 240272District 04Field 779730502 tax incentive programmesCondensateGasSaveExport
Value, all time
$22.8 M
May 2008 – May 2026
Value, last 12 filed months
$144 k
at the published price for each month
Months reported
217
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 345 leases and 345 wells, and the rule below applies to all of them.

Discovered
1995-01-09
as the register files it
Field class
Gas
the register's own label
Between wells
933 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 Gas112009-08-14192837
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
CondensateDisposition2,953 bbl$245,396
GasProduction3,948,694 Mcf$22,559,666
Total$22,805,061

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 26.8418, -99.1627. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.84178, -99.16271 · 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
9,910 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 9,910 ft.

Completions filed
May 2008
1 of 1 wells

1 well

42-5053613459,910 ftMay 2008

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 (217)

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

217 months

May 202602,994106.413.05$9,119
Apr 202602,99098.932.87$8,580
Mar 202603,10089.753.15$9,763
Feb 202602,85863.503.75$10,718
Jan 202603,22659.138.00$25,801
Dec 202503,26556.664.41$14,410
Nov 202503,19558.593.93$12,545
Oct 202503,32359.383.30$10,982
Sep 202503,23162.743.08$9,942
Aug 202503,37863.933.01$10,184
Jul 202503,38466.743.32$11,219
Jun 202503,39866.483.13$10,631
May 202503,73560.553.23$12,073
Apr 202503,59262.363.54$12,727
Mar 202503,66767.704.27$15,652
Feb 202503,40270.884.34$14,768
Jan 202503,80474.324.28$16,276
Dec 202403,74968.993.12$11,702
Nov 202403,71769.052.20$8,172
Oct 202403,86871.372.28$8,824
Sep 202403,79469.612.36$8,970
Aug 202403,93075.632.06$8,110
Jul 202403,63479.932.15$7,801
Jun 202403,41678.082.63$8,998
May 202403,88278.812.20$8,534
Apr 202403,87984.451.66$6,436
Mar 202403,88080.301.55$5,995
Feb 202403,67376.091.78$6,551
Jan 202404,17273.023.30$13,758
Dec 202304,25171.262.61$11,098
Nov 202303,47677.892.81$9,759
Oct 202304,14285.443.09$12,788
Sep 202304,04089.042.74$11,050
Aug 202304,24480.522.67$11,344
Jul 202304,30974.852.64$11,384
Jun 202304,24668.962.26$9,590
May 202304,33770.622.23$9,660
Apr 202304,21278.122.24$9,425
Mar 2023854,49372.852.39$16,945
Feb 202304,07975.112.47$10,058
Jan 202304,62176.533.39$15,655
Dec 202204,76176.415.73$27,276
Nov 202203,89085.005.65$21,964
Oct 202204,77987.185.86$28,023
Sep 202204,70184.888.16$38,377
Aug 2022785,17894.529.13$54,633
Jul 2022983,051101.587.54$32,966
Jun 202204,261115.097.98$33,991
May 202204,958109.378.43$41,811
Apr 202204,869104.226.84$33,292
Mar 202205,110108.885.08$25,940
Feb 202204,66691.054.86$22,671
Jan 202205,26781.844.54$23,900
Dec 202105,32471.323.90$20,759
Nov 202105,30677.435.24$27,787
Oct 202104,99979.795.71$28,564
Sep 202105,32569.865.35$28,494
Aug 202105,49866.024.22$23,205
Jul 202105,60370.783.98$22,312
Jun 202105,39869.493.38$18,249
May 202105,61863.483.02$16,953
Apr 202105,36560.362.76$14,799
Mar 202105,68161.302.72$15,435
Feb 202105,21557.805.55$28,933
Jan 202105,66650.412.81$15,923
Dec 202005,36944.642.68$14,365
Nov 202005,02938.772.71$13,611
Oct 202055,91436.972.48$14,842
Sep 202005,51837.091.99$10,987
Aug 202005,69539.982.39$13,583
Jul 202005,76738.371.83$10,525
Jun 202005,55834.901.69$9,395
May 202006,10616.921.81$11,081
Apr 202005,87514.751.80$10,601
Mar 202006,22830.341.86$11,561
Feb 2020115,74949.881.98$11,936
Jan 202006,33757.252.09$13,274
Dec 201906,50159.012.30$14,981
Nov 201906,27955.302.75$17,272
Oct 201906,63253.472.42$16,040
Sep 201906,54755.052.66$17,397
Aug 201906,87353.112.30$15,838
Jul 201907,02556.272.46$17,282
Jun 201906,90052.782.49$17,189
May 20191507,31358.482.74$28,812
Apr 201906,84662.632.75$18,831
Mar 2019597,37056.803.06$25,919
Feb 201966,70150.852.79$19,016
Jan 201907,70846.033.23$24,883
Dec 201807,87146.594.19$32,944
Nov 201807,96452.934.24$33,745
Oct 201804,05161.443.40$13,766
Sep 2018377,92559.543.11$26,834
Aug 201805,74159.403.07$17,605
Jul 201807,76665.142.93$22,769
Jun 20181047,76760.183.08$30,157
May 201808,04365.382.90$23,331
Apr 201807,91563.842.90$22,960
Mar 2018478,31161.222.79$26,039
Feb 201807,48861.782.77$20,713
Jan 201808,49762.874.01$34,067
Dec 201708,58257.272.92$25,072
Nov 201707,76355.423.12$24,208
Oct 201708,23349.292.98$24,565
Sep 201708,36747.523.09$25,831
Aug 201708,92645.373.00$26,817
Jul 201709,38343.873.09$28,968
Jun 201707,53942.493.09$23,275
May 201708,00545.373.26$26,124
Apr 201708,02747.933.21$25,780
Mar 201719,75246.772.98$29,144
Feb 201708,98950.452.95$26,541
Jan 2017010,11849.413.42$34,591
Dec 2016010,27448.763.72$38,248
Nov 201609,27842.492.64$24,534
Oct 201609,28946.193.09$28,705
Sep 201608,83241.553.10$27,385
Aug 2016109,55041.442.92$28,342
Jul 2016219,82241.622.92$29,597
Jun 201609,89145.352.69$26,566
May 201609,93042.521.99$19,771
Apr 201609,43436.561.99$18,783
Mar 2016849,97333.011.79$20,665
Feb 201609,48026.472.06$19,563
Jan 2016010,65427.352.36$25,190
Dec 2015011,07832.362.00$22,172
Nov 2015011,05638.792.17$23,962
Oct 2015011,87243.552.43$28,808
Sep 2015011,99842.992.76$33,096
Aug 201512712,97240.162.87$42,362
Jul 2015012,72248.152.95$37,467
Jun 2015012,30656.152.88$35,476
May 2015014,18655.212.96$41,926
Apr 2015011,66049.822.71$31,559
Mar 201508,37442.892.93$24,575
Feb 201509,26244.662.98$27,565
Jan 2015011,20443.433.10$34,739
Dec 2014011,71354.693.59$42,066
Nov 2014010,71270.464.25$45,546
Oct 2014011,41178.303.90$44,514
Sep 2014011,39086.164.05$46,078
Aug 2014010,29889.394.04$41,554
Jul 201406,77096.564.18$28,296
Jun 2014857,09298.164.74$41,938
May 2014658,72294.734.73$47,383
Apr 201408,82895.944.81$42,455
Mar 2014010,75295.895.06$54,371
Feb 2014010,15397.406.19$62,867
Jan 2014011,79190.404.86$57,313
Dec 2013010,47191.824.35$45,596
Nov 2013011,79888.853.74$44,104
Oct 2013013,38797.423.78$50,594
Sep 2013014,445104.113.72$53,703
Aug 2013015,039104.253.52$52,977
Jul 2013015,084102.523.72$56,078
Jun 2013016,04594.403.93$63,112
May 2013016,81094.834.15$69,746
Apr 2013016,48693.964.28$70,603
Mar 2013017,98593.623.91$70,373
Feb 20138517,31691.233.42$66,974
Jan 2013020,03891.603.42$68,528
Dec 2012021,25586.773.42$72,696
Nov 2012027,83386.953.62$100,894
Oct 2012014,75989.383.40$50,176
Sep 2012014,36594.672.92$41,923
Aug 2012016,01492.662.91$46,571
Jul 2012017,09885.133.02$51,650
Jun 2012017,43879.822.52$43,927
May 2012018,55991.612.49$46,181
Apr 2012018,325101.652.00$36,591
Mar 2012019,668105.052.22$43,704
Feb 2012017,267101.102.57$44,380
Jan 2012012,51698.092.73$34,220
Dec 2011019,55296.873.24$63,343
Nov 20119219,42195.723.31$73,115
Oct 2011020,82484.983.65$75,977
Sep 2011020,73283.623.99$82,634
Aug 2011021,42683.404.15$88,903
Jul 2011022,50194.144.52$101,642
Jun 2011023,37392.904.64$108,448
May 2011025,58298.134.40$112,684
Apr 2011025,495105.964.33$110,477
Mar 201119125,48996.364.06$121,822
Feb 2011022,81885.644.18$95,379
Jan 2011025,44386.504.59$116,752
Dec 2010025,80885.734.35$112,207
Nov 2010024,66980.843.80$93,627
Oct 2010025,47578.103.51$89,389
Sep 2010027,16772.633.98$108,110
Aug 2010028,21673.684.42$124,697
Jul 2010028,54972.554.74$135,222
Jun 2010029,27170.364.91$143,732
May 2010033,50371.124.24$141,893
Apr 201017434,04281.694.12$154,559
Mar 2010037,09678.394.39$162,802
Feb 2010035,25273.585.44$191,854
Jan 2010040,60974.365.96$242,196
Dec 2009042,47371.445.48$232,911
Nov 2009042,61974.593.75$159,885
Oct 2009042,92972.544.11$176,449
Sep 200917842,06165.543.06$140,573
Aug 2009050,87967.423.22$163,754
Jul 2009054,06261.133.46$187,298
Jun 2009054,26366.163.90$211,354
May 200919260,21654.743.93$246,903
Apr 2009062,46246.773.59$224,082
Mar 2009069,41342.144.06$281,747
Feb 2009066,74432.814.63$309,225
Jan 200920480,45735.865.37$439,450
Dec 2008084,46937.105.98$504,883
Nov 2008090,97855.496.86$624,142
Oct 20080108,17975.246.92$748,813
Sep 2008179120,004101.767.88$963,497
Aug 20080162,246114.228.48$1,376,336
Jul 2008194209,262131.0811.39$2,408,804
Jun 2008391262,085131.3313.03$3,467,007
May 20080207,912123.1711.57$2,406,434

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                2,994 Mcf  × $  3.05 =     $9,119

────────────────────────────────────────────────────
Month total                                   $9,119

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/240272 is the state's own key, not one this site invented.