VELA-GILPIN 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 276067District 04Field 678854002 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.5 M
Aug 2014 – May 2026
Value, last 12 filed months
$192 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 Gas112015-09-16215783
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
CondensateDisposition19,933 bbl$1,043,381
GasProduction1,443,351 Mcf$4,498,913
Total$5,542,293

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 27.9900, -99.3733. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.99000, -99.37332 · 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
6,087 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 6,087 ft.

Completions filed
Aug 2014
1 of 1 wells

1 well

42-479429411H6,087 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 2026893,229106.413.05$19,306
Apr 202603,43898.932.87$9,866
Mar 2026473,58589.753.15$15,509
Feb 2026903,21363.503.75$17,765
Jan 202603,62559.138.00$28,992
Dec 2025953,07356.664.41$18,945
Nov 202503,11858.593.93$12,243
Oct 2025493,39259.383.30$14,120
Sep 202503,51462.743.08$10,812
Aug 2025863,53663.933.01$16,158
Jul 202503,59566.743.32$11,918
Jun 2025773,55466.483.13$16,238
May 202503,70260.553.23$11,966
Apr 20251423,68662.363.54$21,915
Mar 202503,70867.704.27$15,827
Feb 202503,24270.884.34$14,073
Jan 2025404,18674.324.28$20,883
Dec 2024372,94468.993.12$11,742
Nov 2024492,66669.052.20$9,244
Oct 202403,63371.372.28$8,288
Sep 2024423,65369.612.36$11,561
Aug 202403,66575.632.06$7,563
Jul 2024643,73579.932.15$13,133
Jun 202483,95978.082.63$11,053
May 2024343,62178.812.20$10,640
Apr 20241023,71184.451.66$14,771
Mar 2024903,86180.301.55$13,193
Feb 2024503,65976.091.78$10,331
Jan 202403,91173.023.30$12,897
Dec 2023214,26071.262.61$12,618
Nov 2023154,17077.892.81$12,876
Oct 2023824,19685.443.09$19,960
Sep 202304,17089.042.74$11,405
Aug 2023374,25180.522.67$14,342
Jul 2023323,70674.852.64$12,186
Jun 2023394,07068.962.26$11,881
May 202304,21970.622.23$9,397
Apr 2023964,11578.122.24$16,708
Mar 202374,19172.852.39$10,540
Feb 202303,94975.112.47$9,737
Jan 2023534,40876.533.39$18,989
Dec 202204,46776.415.73$25,592
Nov 2022244,64485.005.65$28,261
Oct 2022825,40387.185.86$38,831
Sep 202204,61684.888.16$37,684
Aug 2022245,33494.529.13$50,953
Jul 2022275,538101.587.54$44,511
Jun 202205,076115.097.98$40,492
May 2022404,846109.378.43$45,241
Apr 202204,511104.226.84$30,844
Mar 202204,893108.885.08$24,839
Feb 202204,30191.054.86$20,898
Jan 202204,75281.844.54$21,563
Dec 202104,80171.323.90$18,720
Nov 2021175,19577.435.24$28,522
Oct 202105,10379.795.71$29,158
Sep 2021174,74969.865.35$26,599
Aug 202105,44666.024.22$22,985
Jul 2021985,37670.783.98$28,344
Jun 202105,55869.493.38$18,789
May 2021635,78463.483.02$21,453
Apr 202105,71860.362.76$15,773
Mar 20211005,86361.302.72$22,059
Feb 202104,50757.805.55$25,005
Jan 20211695,84950.412.81$24,957
Dec 202005,78844.642.68$15,486
Nov 202005,99538.772.71$16,226
Oct 20201046,33136.972.48$19,536
Sep 202008,99637.091.99$17,911
Aug 20201369,82839.982.39$28,878
Jul 202009,96438.371.83$18,186
Jun 20201559,41934.901.69$21,331
May 202009,82516.921.81$17,830
Apr 2020629,60914.751.80$18,253
Mar 20202689,70630.341.86$26,148
Feb 2020549,37049.881.98$21,252
Jan 20206510,08057.252.09$24,836
Dec 201916810,32859.012.30$33,713
Nov 2019749,78855.302.75$31,016
Oct 201908,79953.472.42$21,281
Sep 20191868,83955.052.66$33,727
Aug 201908,76753.112.30$20,202
Jul 20192510,60856.272.46$27,503
Jun 20191488,75452.782.49$29,619
May 201912710,02558.482.74$34,899
Apr 201908,93362.632.75$24,572
Mar 20192689,40556.803.06$44,021
Feb 2019388,76350.852.79$26,401
Jan 20191509,94246.033.23$38,999
Dec 201816310,19746.594.19$50,273
Nov 20182879,24852.934.24$54,377
Oct 201808,15461.443.40$27,708
Sep 201807,72359.543.11$24,003
Aug 201808,43359.403.07$25,860
Jul 201808,67465.142.93$25,431
Jun 2018578,51460.183.08$29,627
May 2018859,41665.382.90$32,871
Apr 20182369,30663.842.90$42,061
Mar 20181889,90861.222.79$39,121
Feb 20181948,82161.782.77$36,385
Jan 201815610,13462.874.01$50,438
Dec 201715610,21857.272.92$38,786
Nov 201715310,00955.423.12$39,691
Oct 201723710,48849.292.98$42,975
Sep 201711110,31047.523.09$37,105
Aug 2017011,13145.373.00$33,442
Jul 201724511,20243.873.09$45,332
Jun 201727710,64742.493.09$44,640
May 2017011,05645.373.26$36,080
Apr 201732211,16547.933.21$51,291
Mar 201712911,99946.772.98$41,835
Feb 201728911,20550.452.95$47,664
Jan 201717913,05149.413.42$53,463
Dec 201614513,36048.763.72$56,807
Nov 201614213,18842.492.64$40,907
Oct 201630114,06946.193.09$57,380
Sep 201627013,85441.553.10$54,175
Aug 201614015,04241.442.92$49,790
Jul 201630615,33041.622.92$57,566
Jun 201617714,14545.352.69$46,018
May 201649115,75242.521.99$52,240
Apr 201661716,73336.561.99$55,874
Mar 201617316,03433.011.79$34,476
Feb 201627715,92026.472.06$40,185
Jan 201644217,38127.352.36$53,184
Dec 201526815,46632.362.00$39,626
Nov 201519822,74438.792.17$56,974
Oct 201539524,88943.552.43$77,597
Sep 201529126,47942.992.76$85,550
Aug 201545627,98540.162.87$98,700
Jul 201539228,44648.152.95$102,651
Jun 201549132,68456.152.88$121,793
May 201583237,44455.212.96$156,599
Apr 201530742,01749.822.71$129,017
Mar 201564342,42442.892.93$152,080
Feb 201592344,26944.662.98$172,974
Jan 201567547,44343.433.10$176,418
Dec 201459724,56954.693.59$120,886
Nov 20141,29462,39770.464.25$356,477
Oct 201496449,96778.303.90$270,400
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                3,229 Mcf  × $  3.05 =     $9,835

────────────────────────────────────────────────────
Month total                                  $19,306

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/276067 is the state's own key, not one this site invented.