VELA STATE UNIT

Operated by ESCONDIDO RESOURCES OPER CO, LLC (P-5 254231) in the OWEN (OLMOS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 274969District 04Field 678854002 tax incentive programmesCondensateGasSaveExport
Value, all time
$4.4 M
Aug 2014 – May 2026
Value, last 12 filed months
$160 k
at the published price for each month
Months reported
142
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 811 leases and 811 wells, and the rule below applies to all of them.

Discovered
1971-11-11
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 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 2015-03-24.

The Commission's schedule remark for this field reads: LATERALS. EFFECTIVE 3/24/15;

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 Gas112015-03-30214937
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
CondensateDisposition26,638 bbl$1,418,603
GasProduction962,218 Mcf$2,991,643
Total$4,410,246

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 28.0282, -99.3657. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.02823, -99.36574 · 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
6,075 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 6,075 ft.

Completions filed
Aug 2014
1 of 1 wells

1 well

42-479429062H6,075 ftAug 2014

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 (142)

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

142 months

May 2026892,616106.413.05$17,438
Apr 202602,64898.932.87$7,599
Mar 2026982,74389.753.15$17,434
Feb 2026902,47163.503.75$14,982
Jan 202602,78759.138.00$22,290
Dec 2025952,69256.664.41$17,263
Nov 202502,51858.593.93$9,887
Oct 2025212,71559.383.30$10,220
Sep 202502,61662.743.08$8,049
Aug 2025832,63663.933.01$13,253
Jul 202502,69466.743.32$8,931
Jun 2025602,62266.483.13$12,192
May 202502,74160.553.23$8,860
Apr 2025952,70162.363.54$15,494
Mar 202502,78067.704.27$11,866
Feb 2025842,68570.884.34$17,609
Jan 20251493,27074.324.28$25,065
Dec 2024441,41468.993.12$7,449
Nov 20241251,85969.052.20$12,718
Oct 202402,75271.372.28$6,278
Sep 20241032,73869.612.36$13,643
Aug 202402,75875.632.06$5,691
Jul 2024892,77979.932.15$13,079
Jun 2024792,96478.082.63$13,975
May 2024702,78078.812.20$11,628
Apr 2024752,89084.451.66$11,129
Mar 20241323,07780.301.55$15,354
Feb 20241012,89276.091.78$12,843
Jan 202402,95473.023.30$9,741
Dec 2023163,10771.262.61$9,252
Nov 2023113,04577.892.81$9,406
Oct 2023513,08585.443.09$13,882
Sep 202302,99689.042.74$8,194
Aug 20231593,21480.522.67$21,393
Jul 2023243,22574.852.64$10,316
Jun 20231443,01568.962.26$16,740
May 202303,13970.622.23$6,992
Apr 2023913,08978.122.24$14,021
Mar 2023903,14972.852.39$14,093
Feb 202302,98675.112.47$7,363
Jan 2023563,29576.533.39$15,448
Dec 202203,40276.415.73$19,490
Nov 202233,15985.005.65$18,091
Oct 2022823,58387.185.86$28,159
Sep 202203,51684.888.16$28,704
Aug 2022763,37994.529.13$38,024
Jul 2022523,338101.587.54$30,458
Jun 202203,632115.097.98$28,973
May 2022303,807109.378.43$35,386
Apr 202203,375104.226.84$23,077
Mar 202203,569108.885.08$18,118
Feb 202203,14891.054.86$15,296
Jan 202203,48581.844.54$15,814
Dec 202103,91071.323.90$15,246
Nov 2021123,69377.435.24$20,269
Oct 202103,72579.795.71$21,284
Sep 2021713,18669.865.35$22,008
Aug 202104,02866.024.22$17,001
Jul 2021464,12370.783.98$19,674
Jun 20211763,35569.493.38$23,572
May 20212654,11063.483.02$29,225
Apr 20211813,98160.362.76$21,906
Mar 2021224,53761.302.72$13,675
Feb 20211633,68757.805.55$29,877
Jan 20211484,72750.412.81$20,745
Dec 202004,61044.642.68$12,334
Nov 202004,38138.772.71$11,857
Oct 20204654,65736.972.48$28,733
Sep 202007,75637.091.99$15,443
Aug 20202548,08939.982.39$29,448
Jul 20202097,93738.371.83$22,505
Jun 20202637,96434.901.69$22,640
May 202008,22716.921.81$14,930
Apr 20201398,18014.751.80$16,810
Mar 20203178,36930.341.86$25,153
Feb 20201467,82249.881.98$22,775
Jan 2020478,39957.252.09$20,284
Dec 20192348,58459.012.30$33,589
Nov 20193308,16655.302.75$40,711
Oct 201908,40553.472.42$20,328
Sep 20193739,35055.052.66$45,379
Aug 201909,80953.112.30$22,603
Jul 20191729,03156.272.46$31,895
Jun 20192495,89252.782.49$27,820
May 20192326,60058.482.74$31,653
Apr 201906,10962.632.75$16,804
Mar 20193426,51656.803.06$39,378
Feb 20191666,07450.852.79$25,401
Jan 2019536,87146.033.23$24,620
Dec 20182357,00446.594.19$40,263
Nov 20183146,50952.934.24$44,200
Oct 20181335,79261.443.40$27,853
Sep 201805,44359.543.11$16,917
Aug 20182995,81159.403.07$35,580
Jul 20182995,81165.142.93$36,514
Jun 20182165,84060.183.08$30,968
May 20181026,22465.382.90$24,723
Apr 20182046,13463.842.90$30,817
Mar 20183616,43861.222.79$40,042
Feb 20181825,81861.782.77$27,337
Jan 20182166,64762.874.01$40,230
Dec 20172226,70157.272.92$32,291
Nov 20172006,52055.423.12$31,416
Oct 20171306,88849.292.98$26,959
Sep 20173726,74647.523.09$38,504
Aug 201707,20345.373.00$21,641
Jul 20174347,25143.873.09$41,425
Jun 20172896,86842.493.09$33,483
May 201707,18145.373.26$23,434
Apr 20172387,13147.933.21$34,309
Mar 20172167,48946.772.98$32,447
Feb 20174056,94450.452.95$40,935
Jan 20171807,99849.413.42$36,237
Dec 20162378,19148.763.72$42,050
Nov 20162338,05742.492.64$31,206
Oct 20164458,60446.193.09$47,143
Sep 20162718,53141.553.10$37,712
Aug 20161729,06941.442.92$33,649
Jul 20164109,37841.622.92$44,489
Jun 20161888,48045.352.69$31,302
May 20166309,40142.521.99$45,505
Apr 201619910,02636.561.99$27,238
Mar 20163829,74833.011.79$30,098
Feb 20164279,55326.472.06$31,017
Jan 201612310,69727.352.36$28,656
Dec 201544210,07232.362.00$34,461
Nov 201519913,33138.792.17$36,612
Oct 201519514,34243.552.43$43,294
Sep 201543214,97142.992.76$59,868
Aug 201543616,43540.162.87$64,719
Jul 201538516,94648.152.95$68,445
Jun 201562618,50456.152.88$88,494
May 201562120,36455.212.96$94,470
Apr 201563822,83049.822.71$93,576
Mar 201583221,24442.892.93$98,029
Feb 201574723,57844.662.98$103,534
Jan 201578926,14843.433.10$115,342
Dec 20141,34032,82354.693.59$191,164
Nov 20141,05026,33670.464.25$185,959
Oct 20141,30034,77878.303.90$237,458
Sep 20140086.164.05$0
Aug 20140089.394.04$0

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            89 bbl  × $106.41 =     $9,470
Gas                2,616 Mcf  × $  3.05 =     $7,968

────────────────────────────────────────────────────
Month total                                  $17,438

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/274969 is the state's own key, not one this site invented.