VELA, CARMEN "C"

Operated by MERIT ENERGY COMPANY (P-5 561136) in the ROLETA (7483) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 242266District 04Field 779735002 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.7 M
Aug 2008 – May 2026
Value, last 12 filed months
$24 k
at the published price for each month
Months reported
214
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 64 leases and 64 wells, and the rule below applies to all of them.

Discovered
1955-08-16
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 Gas112010-10-15199504
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
CondensateDisposition898 bbl$62,464
GasProduction870,096 Mcf$3,664,239
Total$3,726,704

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 26.7958, -99.1739. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.79583, -99.17389 · 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
9,900 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 9,900 ft.

Completions filed
Aug 2008
1 of 1 wells

1 well

42-5053542039,900 ftAug 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 (214)

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

214 months

May 20260194106.413.05$591
Apr 2026238698.932.87$1,306
Mar 2026043889.753.15$1,379
Feb 2026042363.503.75$1,586
Jan 2026049659.138.00$3,967
Dec 2025066256.664.41$2,922
Nov 2025066858.593.93$2,623
Oct 2025053859.383.30$1,778
Sep 2025059562.743.08$1,831
Aug 2025065563.933.01$1,975
Jul 2025070666.743.32$2,341
Jun 2025062066.483.13$1,940
May 2025012860.553.23$414
Apr 2025064162.363.54$2,271
Mar 2025065267.704.27$2,783
Feb 2025355670.884.34$2,626
Jan 2025086274.324.28$3,688
Dec 2024065568.993.12$2,045
Nov 2024056069.052.20$1,231
Oct 2024055171.372.28$1,257
Sep 2024056569.612.36$1,336
Aug 2024049875.632.06$1,028
Jul 2024040779.932.15$874
Jun 2024047678.082.63$1,254
May 2024961878.812.20$2,068
Apr 2024366484.451.66$1,355
Mar 2024062980.301.55$972
Feb 2024059076.091.78$1,052
Jan 2024367673.023.30$2,448
Dec 2023077071.262.61$2,010
Nov 2023065677.892.81$1,842
Oct 2023281285.443.09$2,678
Sep 2023084889.042.74$2,319
Aug 2023098980.522.67$2,643
Jul 2023391774.852.64$2,647
Jun 2023071968.962.26$1,624
May 2023090270.622.23$2,009
Apr 2023070578.122.24$1,578
Mar 2023475372.852.39$2,093
Feb 2023071475.112.47$1,761
Jan 2023081676.533.39$2,764
Dec 2022578776.415.73$4,891
Nov 2022085685.005.65$4,833
Oct 202201,03787.185.86$6,081
Sep 202201,11884.888.16$9,127
Aug 202201,15694.529.13$10,551
Jul 20220590101.587.54$4,450
Jun 20225939115.097.98$8,066
May 202201,243109.378.43$10,482
Apr 202201,457104.226.84$9,962
Mar 202271,393108.885.08$7,834
Feb 202201,47791.054.86$7,177
Jan 202201,74881.844.54$7,932
Dec 2021561,69671.323.90$10,607
Nov 202101,65477.435.24$8,662
Oct 202101,57879.795.71$9,016
Sep 202171,73469.865.35$9,768
Aug 202101,81366.024.22$7,652
Jul 202101,74370.783.98$6,941
Jun 202101,58669.493.38$5,362
May 202101,90563.483.02$5,749
Apr 202101,79860.362.76$4,960
Mar 202101,73961.302.72$4,725
Feb 202101,70657.805.55$9,465
Jan 202101,97650.412.81$5,553
Dec 202072,18244.642.68$6,150
Nov 202002,04238.772.71$5,527
Oct 202022,08136.972.48$5,232
Sep 202002,06037.091.99$4,102
Aug 202001,99639.982.39$4,761
Jul 202002,07038.371.83$3,778
Jun 202002,00134.901.69$3,382
May 202002,18916.921.81$3,972
Apr 202002,04714.751.80$3,694
Mar 202002,20430.341.86$4,091
Feb 202042,17949.881.98$4,515
Jan 202002,22657.252.09$4,663
Dec 201972,34559.012.30$5,817
Nov 201902,35255.302.75$6,470
Oct 201901,89553.472.42$4,583
Sep 201902,17955.052.66$5,790
Aug 201902,29753.112.30$5,293
Jul 201972,42356.272.46$6,355
Jun 201902,41552.782.49$6,016
May 201972,43958.482.74$7,093
Apr 201902,11662.632.75$5,820
Mar 201912,55956.803.06$7,893
Feb 201952,29550.852.79$6,662
Jan 201942,54946.033.23$8,413
Dec 201802,65446.594.19$11,108
Nov 201802,66452.934.24$11,288
Oct 201801,11461.443.40$3,785
Sep 201812,42459.543.11$7,593
Aug 201821,80659.403.07$5,657
Jul 201802,53365.142.93$7,426
Jun 201802,40460.183.08$7,397
May 201802,55565.382.90$7,412
Apr 201802,19163.842.90$6,356
Mar 201822,51661.222.79$7,134
Feb 201802,32661.782.77$6,434
Jan 201802,49762.874.01$10,011
Dec 201702,78057.272.92$8,122
Nov 201702,62955.423.12$8,198
Oct 201702,10249.292.98$6,272
Sep 201702,20747.523.09$6,814
Aug 201702,59845.373.00$7,805
Jul 201702,66543.873.09$8,228
Jun 201702,31842.493.09$7,156
May 201702,52645.373.26$8,243
Apr 201702,78147.933.21$8,931
Mar 201703,57346.772.98$10,661
Feb 201703,23850.452.95$9,561
Jan 201703,59649.413.42$12,294
Dec 201603,83248.763.72$14,266
Nov 201603,62942.492.64$9,596
Oct 201602,34846.193.09$7,256
Sep 201602,59841.553.10$8,055
Aug 201603,03241.442.92$8,867
Jul 201603,00641.622.92$8,791
Jun 201602,89145.352.69$7,765
May 201601,56442.521.99$3,114
Apr 201601,29936.561.99$2,586
Mar 201601,51433.011.79$2,716
Feb 201601,75926.472.06$3,630
Jan 201601,92227.352.36$4,544
Dec 201502,34532.362.00$4,693
Nov 201503,73238.792.17$8,088
Oct 2015253,96243.552.43$10,703
Sep 201503,67342.992.76$10,132
Aug 201503,65740.162.87$10,505
Jul 201503,43048.152.95$10,102
Jun 201504,25656.152.88$12,269
May 201504,85055.212.96$14,334
Apr 201504,33649.822.71$11,736
Mar 201504,50542.892.93$13,221
Feb 201504,85444.662.98$14,446
Jan 201505,13843.433.10$15,931
Dec 201404,72054.693.59$16,951
Nov 201404,53670.464.25$19,286
Oct 201404,26778.303.90$16,645
Sep 20141122,84086.164.05$21,139
Aug 201403,44889.394.04$13,913
Jul 201404,06496.564.18$16,986
Jun 201403,59598.164.74$17,029
May 201404,46494.734.73$21,099
Apr 201404,97995.944.81$23,945
Mar 201404,32095.895.06$21,845
Feb 201403,10797.406.19$19,239
Jan 201403,38090.404.86$16,429
Dec 201302,99991.824.35$13,059
Nov 20131242,91888.853.74$21,926
Oct 201303,41097.423.78$12,888
Sep 201303,015104.113.72$11,209
Aug 201303,628104.253.52$12,780
Jul 201303,963102.523.72$14,733
Jun 201303,91794.403.93$15,407
May 201303,91394.834.15$16,235
Apr 201304,00993.964.28$17,169
Mar 201304,54393.623.91$17,776
Feb 201304,37491.233.42$14,959
Jan 201305,07391.603.42$17,349
Dec 201205,57086.773.42$19,050
Nov 201205,86486.953.62$21,257
Oct 201205,50089.383.40$18,698
Sep 201204,65794.672.92$13,591
Aug 201204,50592.662.91$13,101
Jul 201205,76485.133.02$17,412
Jun 201205,24779.822.52$13,217
May 201204,83791.612.49$12,036
Apr 201204,789101.652.00$9,563
Mar 201205,558105.052.22$12,350
Feb 201205,653101.102.57$14,530
Jan 201204,47398.092.73$12,230
Dec 201104,60096.873.24$14,903
Nov 201104,15695.723.31$13,762
Oct 201106,15384.983.65$22,449
Sep 20111017,14883.623.99$36,936
Aug 201107,69083.404.15$31,908
Jul 201107,60194.144.52$34,336
Jun 201107,26792.904.64$33,718
May 201107,94998.134.40$35,014
Apr 201106,789105.964.33$29,419
Mar 201106,91496.364.06$28,052
Feb 201106,35285.644.18$26,551
Jan 201107,89786.504.59$36,238
Dec 201008,70885.734.35$37,860
Nov 201008,89680.843.80$33,763
Oct 201009,09478.103.51$31,910
Sep 201008,97972.633.98$35,732
Aug 201010510,19373.684.42$52,783
Jul 2010010,22972.554.74$48,450
Jun 2010010,18370.364.91$50,003
May 201010110,40271.124.24$51,238
Apr 2010011,29581.694.12$46,566
Mar 2010011,87378.394.39$52,107
Feb 2010011,03473.585.44$60,051
Jan 2010011,93774.365.96$71,193
Dec 2009014,51171.445.48$79,575
Nov 2009015,68574.593.75$58,842
Oct 2009015,25672.544.11$62,706
Sep 200908,64065.543.06$26,479
Aug 2009010,99567.423.22$35,387
Jul 2009011,15161.133.46$38,633
Jun 2009012,54266.163.90$48,851
May 2009012,68954.743.93$49,814
Apr 2009011,78046.773.59$42,261
Mar 2009012,98742.144.06$52,714
Feb 2009011,92432.814.63$55,244
Jan 20099514,98535.865.37$83,891
Dec 20087716,44337.105.98$101,139
Nov 2008011,40955.496.86$78,270
Oct 2008019,67175.246.92$136,162
Sep 2008025,498101.767.88$200,850
Aug 2008032,283114.228.48$273,857

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                  194 Mcf  × $  3.05 =       $591

────────────────────────────────────────────────────
Month total                                     $591

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/242266 is the state's own key, not one this site invented.