VELMA

Operated by JOHNSON OPERATING COMPANY, LLC. (P-5 101471) in the MOORE field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 8457District 08Field 62711001Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$655 k
Jan 1993 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
401
no gaps in the span
Streams
2
oil, casinghead 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 287 leases and 1,144 wells, and the rule below applies to all of them.

Discovered
1937-12-31
as the register files it
Field class
Oil
the register's own label
Between wells
933 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

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
OilDisposition16,054 bbl$655,460
Casinghead gasProduction21 Mcf$0
Total$655,460

21 Mcf of this lease's gas, across 21 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

Wells on this lease (6)

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 32.1759, -101.5301. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.4 miles.

32.17614, -101.53019 · 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
83.3%
5 of 6 wells
With a plug date
16.7%
1 of 6 wells
Median depth
3,140 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
583.3%
A plug date is filed
116.7%
BothOn the schedule and plugged. Neither fact cancels the other.
116.7%
NeitherNo plug date, and not on the schedule.
116.7%

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 3,140 ft.

Plug dates filed
Feb 1980
1 of 6 wells; 5 filed none

6 wells

42-227018221Yes
42-2270182323,140 ftFeb 1980Yes
42-227018243Yes
42-227018255Yes
42-227018266Yes
42-227018277

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 (401)

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

401 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
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 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 202451075.632.06$3,857
Jul 202433079.932.15$2,638
Jun 202452078.082.63$4,060
May 202452078.812.20$4,098
Apr 2024124084.451.66$10,472
Mar 20240080.301.55$0
Feb 202467076.091.78$5,098
Jan 20240073.023.30$0
Dec 202361071.262.61$4,347
Nov 202353077.892.81$4,128
Oct 20230085.443.09$0
Sep 202377089.042.74$6,856
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 202349070.622.23$3,460
Apr 202336078.122.24$2,812
Mar 202334072.852.39$2,477
Feb 202351075.112.47$3,831
Jan 202341076.533.39$3,138
Dec 202232076.415.73$2,445
Nov 202254085.005.65$4,590
Oct 202270087.185.86$6,103
Sep 202271084.888.16$6,026
Aug 20220094.529.13$0
Jul 2022750101.587.54$7,619
Jun 202200115.097.98$0
May 2022530109.378.43$5,797
Apr 2022520104.226.84$5,419
Mar 2022290108.885.08$3,158
Feb 2022133091.054.86$12,110
Jan 202295081.844.54$7,775
Dec 2021143071.323.90$10,199
Nov 202195077.435.24$7,356
Oct 202191079.795.71$7,261
Sep 202192069.865.35$6,427
Aug 2021164066.024.22$10,827
Jul 2021145070.783.98$10,263
Jun 20210069.493.38$0
May 2021156063.483.02$9,903
Apr 2021157060.362.76$9,477
Mar 20210061.302.72$0
Feb 2021155057.805.55$8,959
Jan 2021165050.412.81$8,318
Dec 202018044.642.68$804
Nov 202026038.772.71$1,008
Oct 202017036.972.48$628
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20209034.901.69$314
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 201920052.782.49$1,056
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 201827059.543.11$1,608
Aug 20180059.403.07$0
Jul 201818065.142.93$1,173
Jun 201819060.183.08$1,143
May 20180065.382.90$0
Apr 201819063.842.90$1,213
Mar 201817061.222.79$1,041
Feb 20180061.782.77$0
Jan 201819062.874.01$1,195
Dec 201718057.272.92$1,031
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 201720043.873.09$877
Jun 20170042.493.09$0
May 201716045.373.26$726
Apr 20170047.933.21$0
Mar 201741046.772.98$1,918
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 201619048.763.72$926
Nov 201621042.492.64$892
Oct 20160046.193.09$0
Sep 201618041.553.10$748
Aug 201620041.442.92$829
Jul 201620041.622.92$832
Jun 20160045.352.69$0
May 201621042.521.99$893
Apr 201619036.561.99$695
Mar 20160033.011.79$0
Feb 201619026.472.06$503
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 201518043.552.43$784
Sep 20150042.992.76$0
Aug 201520040.162.87$803
Jul 201531048.152.95$1,493
Jun 201520056.152.88$1,123
May 20150055.212.96$0
Apr 201538049.822.71$1,893
Mar 20150042.892.93$0
Feb 201520044.662.98$893
Jan 201520043.433.10$869
Dec 201440054.693.59$2,188
Nov 201421070.464.25$1,480
Oct 201420078.303.90$1,566
Sep 20140086.164.05$0
Aug 201419089.394.04$1,698
Jul 201419096.564.18$1,835
Jun 20140098.164.74$0
May 201420094.734.73$1,895
Apr 201420095.944.81$1,919
Mar 201420095.895.06$1,918
Feb 201419097.406.19$1,851
Jan 201420090.404.86$1,808
Dec 20130091.824.35$0
Nov 201319088.853.74$1,688
Oct 201338097.423.78$3,702
Sep 2013220104.113.72$2,290
Aug 2013370104.253.52$3,857
Jul 201300102.523.72$0
Jun 201319094.403.93$1,794
May 201319094.834.15$1,802
Apr 201339093.964.28$3,664
Mar 201321093.623.91$1,966
Feb 201319091.233.42$1,733
Jan 201322091.603.42$2,015
Dec 201239086.773.42$3,384
Nov 201220086.953.62$1,739
Oct 201222089.383.40$1,966
Sep 201221094.672.92$1,988
Aug 201220092.662.91$1,853
Jul 201220085.133.02$1,703
Jun 201240079.822.52$3,193
May 201220091.612.49$1,832
Apr 2012200101.652.00$2,033
Mar 2012390105.052.22$4,097
Feb 2012190101.102.57$1,921
Jan 201219098.092.73$1,864
Dec 201140096.873.24$3,875
Nov 201138095.723.31$3,637
Oct 201123084.983.65$1,955
Sep 201119083.623.99$1,589
Aug 201138083.404.15$3,169
Jul 201137094.144.52$3,483
Jun 201121092.904.64$1,951
May 201122098.134.40$2,159
Apr 2011410105.964.33$4,344
Mar 201120096.364.06$1,927
Feb 201137085.644.18$3,169
Jan 201138086.504.59$3,287
Dec 201039085.734.35$3,343
Nov 20100080.843.80$0
Oct 201058078.103.51$4,530
Sep 201019072.633.98$1,380
Aug 201040073.684.42$2,947
Jul 201020072.554.74$1,451
Jun 201020070.364.91$1,407
May 201020071.124.24$1,422
Apr 201020081.694.12$1,634
Mar 201040078.394.39$3,136
Feb 201020073.585.44$1,472
Jan 201040074.365.96$2,974
Dec 200940071.445.48$2,858
Nov 200939074.593.75$2,909
Oct 200920072.544.11$1,451
Sep 200939065.543.06$2,556
Aug 200940067.423.22$2,697
Jul 200920061.133.46$1,223
Jun 200920066.163.90$1,323
May 200939054.743.93$2,135
Apr 200920046.773.59$935
Mar 200941042.144.06$1,728
Feb 200940032.814.63$1,312
Jan 200941035.865.37$1,470
Dec 200822037.105.98$816
Nov 200842055.496.86$2,331
Oct 200822075.246.92$1,655
Sep 2008390101.767.88$3,969
Aug 2008200114.228.48$2,284
Jul 2008390131.0811.39$5,112
Jun 2008210131.3313.03$2,758
May 2008220123.1711.57$2,710
Apr 2008210110.3110.45$2,317
Mar 2008200101.909.66$2,038
Feb 200819092.538.77$1,758
Jan 200819090.388.21$1,717
Dec 200722088.337.30$1,943
Nov 200722091.677.29$2,017
Oct 200720082.856.92$1,657
Sep 200721075.846.24$1,593
Aug 20070069.066.39$0
Jul 200720070.906.39$1,418
Jun 200741062.007.55$2,542
May 200721058.747.85$1,234
Apr 200721059.617.81$1,252
Mar 200722056.927.30$1,252
Feb 200721055.108.22$1,157
Jan 200722050.306.73$1,107
Dec 200622056.656.92$1,246
Nov 200621054.207.62$1,138
Oct 200622054.906.01$1,208
Sep 200620060.085.04$1,202
Aug 200621068.717.34$1,443
Jul 200630069.376.34$2,081
Jun 20060066.286.38$0
May 200632066.016.42$2,112
Apr 200621064.397.36$1,352
Mar 200621056.707.08$1,191
Feb 200622057.597.75$1,267
Jan 200620060.598.93$1,212
Dec 200522054.9413.42$1,209
Nov 200521054.6910.59$1,148
Oct 200520058.3413.80$1,167
Sep 200518061.4512.08$1,106
Aug 200520061.519.80$1,230
Jul 200521055.697.84$1,169
Jun 200520052.337.38$1,047
May 200521045.226.65$950
Apr 200536049.207.36$1,771
Mar 200519050.377.15$957
Feb 200525045.226.31$1,131
Jan 200530043.166.32$1,295
Dec 200420039.866.75$797
Nov 200439045.286.33$1,766
Oct 200422049.706.52$1,093
Sep 200423043.245.28$995
Aug 200422042.375.55$932
Jul 200432038.286.08$1,225
Jun 200430036.106.43$1,083
May 200420037.486.49$750
Apr 200420034.475.86$689
Mar 200429034.365.53$996
Feb 200422032.455.51$714
Jan 200420032.036.30$641
Dec 200339030.266.30$1,180
Nov 200320028.804.60$576
Oct 200339028.174.76$1,099
Sep 200320026.314.75$526
Aug 200320029.765.13$595
Jul 200336029.415.17$1,059
Jun 200319028.565.98$543
May 200339026.595.97$1,037
Apr 200319026.675.41$507
Mar 200322031.146.10$685
Feb 200343033.487.93$1,440
Jan 200324030.315.58$727
Dec 200245026.914.85$1,211
Nov 200224024.664.14$592
Oct 200224026.464.23$635
Sep 200224027.443.64$659
Aug 200247025.963.16$1,220
Jul 200246024.583.06$1,131
Jun 200247023.733.34$1,115
May 200224024.663.58$592
Apr 200222023.653.51$520
Mar 200224022.003.10$528
Feb 200244018.222.38$802
Jan 20020017.172.38$0
Dec 200125016.932.36$423
Nov 200122018.072.41$398
Oct 200127019.782.53$534
Sep 200125024.262.25$607
Aug 200118024.873.05$448
Jul 200118023.933.20$431
Jun 200117024.563.82$418
May 200117025.524.31$434
Apr 200117024.685.34$420
Mar 200118024.545.38$442
Feb 200118027.755.77$500
Jan 200133027.478.40$907
Dec 200016026.889.12$430
Nov 200018032.215.66$580
Oct 200018031.235.15$562
Sep 200034031.875.19$1,084
Aug 200014029.644.54$415
Jul 200091028.534.09$2,596
Jun 200091029.304.40$2,666
May 200047027.263.68$1,281
Apr 200099024.513.12$2,426
Mar 2000102028.422.86$2,899
Feb 2000100027.622.73$2,762
Jan 200054025.272.48$1,365
Dec 199999024.282.42$2,404
Nov 199998023.192.43$2,273
Oct 1999102020.982.80$2,140
Sep 19990021.752.62$0
Aug 1999101019.262.88$1,945
Jul 1999102017.892.37$1,825
Jun 199997015.942.36$1,546
May 199973015.792.32$1,153
Apr 1999135015.102.21$2,039
Mar 199947012.471.84$586
Feb 19997809.981.82$778
Jan 199986010.381.90$893
Dec 19988209.201.77$754
Nov 1998120010.892.19$1,307
Oct 199884012.421.97$1,043
Sep 1998145012.592.08$1,826
Aug 1998188011.301.91$2,124
Jul 1998163011.742.24$1,914
Jun 1998217011.242.24$2,439
May 1998202012.622.21$2,549
Apr 1998124013.042.51$1,617
Mar 1998225012.802.31$2,880
Feb 19980013.952.30$0
Jan 1998124014.702.15$1,823
Dec 1997126016.322.41$2,056
Nov 1997124018.193.09$2,256
Oct 1997118019.253.15$2,272
Sep 1997120017.742.95$2,129
Aug 1997125017.862.55$2,233
Jul 1997115017.582.25$2,022
Jun 199790017.242.26$1,552
May 1997108018.972.31$2,049
Apr 19970017.882.08$0
Mar 199798018.951.94$1,857
Feb 1997187020.492.21$3,832
Jan 1997125023.483.54$2,935
Dec 1996119023.32$2,775
Nov 1996213021.97$4,680
Oct 1996118023.31$2,751
Sep 199694022.22$2,089
Aug 1996120020.26$2,431
Jul 1996116019.55$2,268
Jun 19960018.73$0
May 1996294019.43$5,712
Apr 1996152021.51$3,270
Mar 1996121019.38$2,345
Feb 1996267016.98$4,534
Jan 1996156017.07$2,663
Dec 1995165017.19$2,836
Nov 1995125016.00$2,000
Oct 19950015.43$0
Sep 1995120016.18$1,942
Aug 19950015.92$0
Jul 1995154015.24$2,347
Jun 19950016.41$0
May 199525017.56$439
Apr 19950017.73$0
Mar 19950016.44$0
Feb 19950016.58$0
Jan 199555015.92$876
Dec 19940015.03$0
Nov 19940015.90$0
Oct 1994148015.58$2,306
Sep 19940115.29$0
Aug 19940116.13$0
Jul 1994130117.56$2,283
Jun 1994164117.09$2,803
May 19940115.88$0
Apr 19940114.14$0
Mar 19940112.46$0
Feb 19940112.50$0
Jan 1994106112.66$1,342
Dec 19930112.33$0
Nov 199399114.49$1,435
Oct 19930115.85$0
Sep 1993143115.03$2,149
Aug 19930115.66$0
Jul 1993151115.46$2,334
Jun 19930116.79$0
May 1993173117.68$3,059
Apr 19930118.05$0
Mar 19930118.14$0
Feb 19930117.90$0
Jan 1993148116.93$2,506

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.

Aug 2024 — as filed, then multipliedworked
Oil                   51 bbl  × $ 75.63 =     $3,857
Casinghead gas         0 Mcf  × $  2.06 =         $0

────────────────────────────────────────────────────
Month total                                   $3,857

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. 08/O/8457 is the state's own key, not one this site invented.