Vela Estate

Oil & Gas Property in Jim Hogg County, TX

  2. Texas
  3. Jim Hogg County, TX
  4. Oil & Gas Properties in Jim Hogg County, TX
  5. Vela Estate Oil & Gas Property

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Property Summary

Key data points for Vela Estate

CountyJim Hogg County, TX
OperatorNORDSTRAND ENGINEERING INC
Production DatesJan 2001 - Mar 2025
Total Oil Production20 BBLs
Total Gas Production1,176,821 MCF
Recent Oil Production0 BBLs in Mar 2025
Recent Gas Production1,180 MCF in Mar 2025
Wells on Property2

Our Valuation Estimates for Vela Estate

ShaleAssessment™

Not Available

MarketMultiple™

$4,811 **

* Assessment based on future expected revenue
** Based on a 36 month multiple of average monthly estimated revenue

Based on a decimal interest

Vela Estate Production Graph

Aggregated production of all wells and leases associated with this property
Subscribe for Full Access Subscribe now to gain immediate access
to oil and gas production for Vela Estate
from Jan 2001 to Mar 2025

Wells on Vela Estate

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-247-32164VELA ESTATE 1NORDSTRAND ENGINEERING, INC.ProducingJim Hogg County, TX27.122457-98.951994
42-247-32193VELA ESTATE 2NORDSTRAND ENGINEERING, INC.ProducingJim Hogg County, TX27.123288-98.949928

Leases included in Vela Estate

Lease #Lease NameOperatorCountyMonthly Gas Prod.
04-181119VELA ESTATE 1NORDSTRAND ENGINEERING, INC.Jim Hogg County, TX
04-184035VELA ESTATE 2NORDSTRAND ENGINEERING, INC.Jim Hogg County, TX

Nearby Properties

These are the closest 20 properties to the Vela Estate property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
CuellarZapata County, TX240 BBLs0 MCFApr 2025
El Peyote Mineral TrustZapata County, TX0 BBLs268 MCFApr 2025
GarzaZapata County, TX0 BBLs3,985 MCFApr 2025
GutierrezJim Hogg County, TX0 BBLs0 MCFFeb 2020
Hinnant-FulbrightZapata County, TX66 BBLs10,127 MCFApr 2025
Hinojosa G. GZapata County, TX0 BBLs17,231 MCFApr 2025
I.B. Gutierrez Et AlJim Hogg County, TX70 BBLs60 MCFApr 2025
JenningsZapata County, TX0 BBLs336 MCFApr 2025
Leyendecker, GZapata County, TX0 BBLs264 MCFApr 2025
Loma VIejaZapata County, TX0 BBLs125 MCFApr 2025
Los MesquitesZapata County, TX0 BBLs12,459 MCFApr 2025
Marrs McLeanJim Hogg County, TX0 BBLs0 MCFJan 2023
Muzza G. PZapata County, TX0 BBLs27 MCFApr 2025
OspreyJim Hogg County, TX0 BBLs0 MCFNov 2023
PerezJim Hogg County, TX0 BBLs30,602 MCFApr 2025
Rancho Blanco CorpJim Hogg County, TX0 BBLs0 MCFFeb 2025
TrevinoZapata County, TX9 BBLs21,652 MCFApr 2025
Trevino, Manuel -A,B,CZapata County, TX0 BBLs0 MCFNov 1997
Violeta RanchZapata County, TX0 BBLs44,457 MCFApr 2025
ZachryZapata County, TX0 BBLs42,058 MCFApr 2025

Companies in the Area

These are the closest 20 companies operating near the Vela Estate property.

Company Name
Coates Energy Trust
Dreyfus, Louis Natural Gas Corp
Energy Development Corporation
Hawn Brothers
Hilcorp Energy Company
Holbein & Wright Resources Inc.
Mohican Operating, L.L.C.
Norgas Energy
Pennzoil Exploration & Production Co.
Pierco Energy Corp.
Price Drilling & Exploration Co.
Ricochet Energy, Inc.
Ridgeline Energy Inc.
South Texas Operating Company
Sue-Ann Operating, L.C.
Tana Oil And Gas Corporation
TD Natural Resources LLC
Tesoro E&P Company, L.P.
Three C Exploration, LLC
WTXR Operating (Texas), Inc.

Owners of Vela Estate

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024NORDSTRAND ENGINEERING INCVELA ESTATE #1NORDSTRAND ENGINEERI
2024NORDSTRAND ENGINEERING INCVELA ESTATE #2NORDSTRAND ENGINEERI
2024NOTZON MARCEL CVELA ESTATE #2NORDSTRAND ENGINEERI
2024NOTZON MARCEL CVELA ESTATE #1NORDSTRAND ENGINEERI
2024JOHNSON ALEXANDRA DE LEONVELA ESTATE #2NORDSTRAND ENGINEERI
2024NOTZON NORMA ADRIANA DE LEONVELA ESTATE #2NORDSTRAND ENGINEERI
2024JOHNSON ALEXANDRA DE LEONVELA ESTATE #1NORDSTRAND ENGINEERI
2024NOTZON NORMA ADRIANA DE LEONVELA ESTATE #1NORDSTRAND ENGINEERI
Displaying 8 of 43 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Vela Estate

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
04-184035VELA ESTATE 2Apr 2025NORDSTRAND ENGINEERING, INC.
04-181119VELA ESTATE 1Apr 2025NORDSTRAND ENGINEERING, INC.
04-184035VELA ESTATE 2Mar 2025NORDSTRAND ENGINEERING, INC.
04-181119VELA ESTATE 1Mar 2025NORDSTRAND ENGINEERING, INC.
04-184035VELA ESTATE 2Jan 2025NORDSTRAND ENGINEERING, INC.
04-181119VELA ESTATE 1Jan 2025NORDSTRAND ENGINEERING, INC.
04-181119VELA ESTATE 1Dec 2024NORDSTRAND ENGINEERING, INC.
04-184035VELA ESTATE 2Dec 2024NORDSTRAND ENGINEERING, INC.
04-181119VELA ESTATE 1Nov 2024NORDSTRAND ENGINEERING, INC.
04-184035VELA ESTATE 2Nov 2024NORDSTRAND ENGINEERING, INC.
04-181119VELA ESTATE 1Oct 2024NORDSTRAND ENGINEERING, INC.
04-184035VELA ESTATE 2Oct 2024NORDSTRAND ENGINEERING, INC.
04-181119VELA ESTATE 1Sep 2024NORDSTRAND ENGINEERING, INC.
04-184035VELA ESTATE 2Sep 2024NORDSTRAND ENGINEERING, INC.
04-181119VELA ESTATE 1Aug 2024NORDSTRAND ENGINEERING, INC.
04-184035VELA ESTATE 2Aug 2024NORDSTRAND ENGINEERING, INC.
04-184035VELA ESTATE 2Jul 2024NORDSTRAND ENGINEERING, INC.
04-181119VELA ESTATE 1Jul 2024NORDSTRAND ENGINEERING, INC.
04-184035VELA ESTATE 2Jun 2024NORDSTRAND ENGINEERING, INC.
04-181119VELA ESTATE 1Jun 2024NORDSTRAND ENGINEERING, INC.
04-181119VELA ESTATE 1May 2024NORDSTRAND ENGINEERING, INC.
04-184035VELA ESTATE 2May 2024NORDSTRAND ENGINEERING, INC.
04-181119VELA ESTATE 1Apr 2024NORDSTRAND ENGINEERING, INC.
04-184035VELA ESTATE 2Apr 2024NORDSTRAND ENGINEERING, INC.
04-181119VELA ESTATE 1Mar 2024NORDSTRAND ENGINEERING, INC.