VELA, J.M.

Operated by HILCORP ENERGY COMPANY (P-5 386310) in the LA PERLA (WILCOX 6800) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 256235District 04Field 509258602 tax incentive programmesCondensateGasSaveExport
Value, all time
$79 k
Apr 2009 – May 2026
Value, last 12 filed months
$790
at the published price for each month
Months reported
206
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 34 leases and 34 wells, and the rule below applies to all of them.

Discovered
1977-08-13
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: FIELD RETURNED TO ALLOCATION FORMULA EFFECTIVE 08/01/83

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 Gas112013-04-30207124
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
CondensateDisposition166 bbl$9,870
GasProduction19,371 Mcf$69,076
Total$78,945

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 27.2874, -99.3515. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.28742, -99.35154 · 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
9,006 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 9,006 ft.

Completions filed
Apr 2009
1 of 1 wells

1 well

42-50536375189,006 ftApr 2009

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 (206)

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

206 months

May 202600106.413.05$0
Apr 202603298.932.87$92
Mar 202603489.753.15$107
Feb 202603363.503.75$124
Jan 202603259.138.00$256
Dec 202502356.664.41$102
Nov 202502858.593.93$110
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 20240169.052.20$2
Oct 202401671.372.28$37
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 202401579.932.15$32
Jun 20240078.082.63$0
May 202403978.812.20$86
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 202401273.023.30$40
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 2023013480.522.67$358
Jul 202302374.852.64$61
Jun 202301368.962.26$29
May 202302370.622.23$51
Apr 202301678.122.24$36
Mar 202301972.852.39$45
Feb 202302375.112.47$57
Jan 2023011076.533.39$373
Dec 202209876.415.73$561
Nov 202202385.005.65$130
Oct 202202587.185.86$147
Sep 202203284.888.16$261
Aug 202202894.529.13$256
Jul 2022029101.587.54$219
Jun 2022034115.097.98$271
May 2022033109.378.43$278
Apr 2022027104.226.84$185
Mar 2022027108.885.08$137
Feb 202202391.054.86$112
Jan 202201081.844.54$45
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 2021015869.493.38$534
May 202108063.483.02$241
Apr 202105360.362.76$146
Mar 202104161.302.72$111
Feb 202103657.805.55$200
Jan 202104150.412.81$115
Dec 202004144.642.68$110
Nov 20200938.772.71$24
Oct 202006836.972.48$169
Sep 202002837.091.99$56
Aug 202002539.982.39$60
Jul 202004638.371.83$84
Jun 202006234.901.69$105
May 202005916.921.81$107
Apr 20200114.751.80$2
Mar 202004430.341.86$82
Feb 202001949.881.98$38
Jan 20200057.252.09$0
Dec 20190259.012.30$5
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 201903253.112.30$74
Jul 20190556.272.46$12
Jun 201903052.782.49$75
May 20190658.482.74$16
Apr 201902262.632.75$61
Mar 201902056.803.06$61
Feb 201902050.852.79$56
Jan 201904446.033.23$142
Dec 2018014446.594.19$603
Nov 2018015352.934.24$648
Oct 2018013061.443.40$442
Sep 201805059.543.11$155
Aug 201802959.403.07$89
Jul 201803965.142.93$114
Jun 201803160.183.08$95
May 201804765.382.90$136
Apr 201805863.842.90$168
Mar 201808461.222.79$234
Feb 201805561.782.77$152
Jan 201805162.874.01$204
Dec 201705657.272.92$164
Nov 201706355.423.12$196
Oct 201705349.292.98$158
Sep 201704447.523.09$136
Aug 201705545.373.00$165
Jul 201706343.873.09$195
Jun 201706542.493.09$201
May 201706645.373.26$215
Apr 201706447.933.21$206
Mar 201706946.772.98$206
Feb 201707250.452.95$213
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 201601142.492.64$29
Oct 201603346.193.09$102
Sep 201603841.553.10$118
Aug 201603541.442.92$102
Jul 201676741.622.92$487
Jun 20160045.352.69$0
May 20160342.521.99$6
Apr 20160436.561.99$8
Mar 201611633.011.79$374
Feb 20160426.472.06$8
Jan 20160227.352.36$5
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150348.152.95$9
Jun 20150056.152.88$0
May 201501555.212.96$44
Apr 2015013049.822.71$352
Mar 2015013942.892.93$408
Feb 20154711944.662.98$2,453
Jan 201508443.433.10$260
Dec 2014014554.693.59$521
Nov 201410111870.464.25$7,618
Oct 2014015478.303.90$601
Sep 2014013386.164.05$538
Aug 2014013689.394.04$549
Jul 2014014796.564.18$614
Jun 2014015698.164.74$739
May 201407894.734.73$369
Apr 2014013995.944.81$668
Mar 2014014695.895.06$738
Feb 2014016597.406.19$1,022
Jan 2014014890.404.86$719
Dec 2013023291.824.35$1,010
Nov 201306288.853.74$232
Oct 201308297.423.78$310
Sep 20130162104.113.72$602
Aug 20130217104.253.52$764
Jul 20130279102.523.72$1,037
Jun 2013022394.403.93$877
May 2013020094.834.15$830
Apr 2013028293.964.28$1,208
Mar 2013033793.623.91$1,319
Feb 2013034091.233.42$1,163
Jan 2013034991.603.42$1,194
Dec 2012061486.773.42$2,100
Nov 2012033186.953.62$1,200
Oct 2012049989.383.40$1,696
Sep 2012042994.672.92$1,252
Aug 2012046592.662.91$1,352
Jul 2012052085.133.02$1,571
Jun 2012042379.822.52$1,066
May 2012021891.612.49$542
Apr 20120436101.652.00$871
Mar 20120464105.052.22$1,031
Feb 20120594101.102.57$1,527
Jan 2012042198.092.73$1,151
Dec 2011066496.873.24$2,151
Nov 2011058795.723.31$1,944
Oct 2011075884.983.65$2,766
Sep 2011025483.623.99$1,012
Aug 2011037183.404.15$1,539
Jul 2011059594.144.52$2,688
Jun 2011098692.904.64$4,575
May 2011083698.134.40$3,682
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 2009023546.773.59$843

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                   32 Mcf  × $  2.87 =        $92

────────────────────────────────────────────────────
Month total                                      $92

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/256235 is the state's own key, not one this site invented.