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Royalty Clerk

Texas gas well

Producing

VELA, J. M.

Vela, J. M. is a gas well in Zapata County, Texas, operated by Hilcorp Energy Company in the Bashara-Hereford (7300) field.

1 well

2,786mcf gas, last 12 months−30% vs prior year
RRC lease
04-149168

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Where it sits

This county

Zapata CountyZapataJim HoggZapata County
Zapata County
Gas in Jul 2026
192 mcf
Reporting since
Jan 2020

Checks stopped on this lease?

  • Buyer

    Buyer changed: HILCORP ENERGY COMPANY replaced DYNEGY MARKETING AND TRADE as the buyer of this lease's gas from gas wells on Jan 1, 2025.

SourceRailroad Commission production, P-5 and P-4 records, data through Jul 2026.

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Production by month

Gas output fell 30% over the last 12 months

  • Gas (bars)
  • Last 12 months
Gas output fell 30% over the last 12 monthsMonthly gas production for VELA, J. M., Aug 2023 to Jul 2026. Gas output fell 30% over the last 12 months. 2,786 mcf in the 12 months through Jul 2026, against 3,960 mcf in the 12 months before.Last 12 months: 2,786 mcfmcf per month0200400600800Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Gas output fell 30% over the last 12 monthsMonthly gas production for VELA, J. M., Aug 2023 to Jul 2026. Gas output fell 30% over the last 12 months. 2,786 mcf in the 12 months through Jul 2026, against 3,960 mcf in the 12 months before.Last 12 monthsmcf per month0200400600800Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

95% of the gas went to a transmission line in the last 12 months

  • Transmission line (2)
  • Lease fuel (1)
95% of the gas went to a transmission line in the last 12 monthsShare of VELA, J. M. gas by disposition code each month, Aug 2023 to Jul 2026. 95% of the gas went to a transmission line in the last 12 months.Share of the lease’s gas by disposition code, per month0%50%100%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
95% of the gas went to a transmission line in the last 12 monthsShare of VELA, J. M. gas by disposition code each month, Aug 2023 to Jul 2026. 95% of the gas went to a transmission line in the last 12 months.Share of gas by disposition code0%50%100%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    95% · 2,647 mcf

  • Lease fuel (1)

    5.0% · 139 mcf

1 well on this lease

Wells on VELA, J. M.
API numberWell no.Status
42-505-3316610Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Gulfmark Energy, Inc.CondensateGathers100Jan 1, 2025–
Hilcorp Energy CompanyGas-well gasBuys100Jan 1, 2025–
Energy Transfer CompanyGas-well gasGathers50Jan 1, 2025–
Hilcorp Energy CompanyGas-well gasGathers50Jan 1, 2025–
Flint Hills Resources, LPCondensateGathers100Mar 1, 2002Jan 1, 2025
Chevron U. S. A. Inc.Gas-well gasGathers100May 13, 1994Jan 1, 2025
Dynegy Marketing and TradeGas-well gasBuys100Jan 1, 1999Jan 1, 2025

SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).

1,449.86 acres on the newest permit

Permits for Vela, J. M.
API numberWell no.Acreson the permit
42-505-33166101,449.86

SourceRailroad Commission drilling permits, Oct 3, 2026 (source 1, source 2).

Estimate your royalty

36 months, newest first

Ledger for VELA, J. M.
MonthGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20261921830$80.46$2.89
Jun 20262222110$84.81$3.15
May 20261921820$102.13$2.94
Apr 20261851760$100.32$2.77
Mar 20261831730$91.38$3.04
Feb 20261891800$64.51$3.62
Jan 20262031930$60.04$7.72
Dec 20252011910$57.97$4.26
Nov 20252982830$60.06$3.79
Oct 20253082930$60.89$3.19
Sep 20252972820$63.96$2.97
Aug 20253163000$64.86$2.91
Jul 20253283110$68.39$3.20
Jun 20253263100$68.17$3.02
May 20253513340$62.17$3.12
Apr 20253703530$63.54$3.42
Mar 20254604380$68.24$4.12
Feb 20254574340$71.53$4.19
Jan 20251401330$75.74$4.13
Dec 20242041920$70.12$3.01
Nov 20241921820$69.95$2.12
Oct 20243132960$71.99$2.20
Sep 20243553360$70.24$2.28
Aug 20244644380$76.68$1.99
Jul 20245024750$81.80$2.07
Jun 20241151090$79.77$2.54
May 20241161100$80.02$2.12
Apr 20241351280$85.35$1.60
Mar 202490850$81.28$1.49
Feb 20241191130$77.25$1.72
Jan 20241731640$74.15$3.18
Dec 20231401330$71.90$2.52
Nov 20231371300$77.69$2.71
Oct 20232132020$85.64$2.98
Sep 20232792650$89.43$2.64
Aug 20233052900$81.39$2.58

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Oct 2, 2026.

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