Vela 16

Oil & Gas Property in Zapata County, TX

  2. Texas
  3. Zapata County, TX
  4. Oil & Gas Properties in Zapata County, TX
  5. Vela 16 Oil & Gas Property

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Property Summary

Key data points for Vela 16

CountyZapata County, TX
OperatorHILCORP ENERGY COMPANY
Production DatesSep 1997 - Jun 2026
Total Oil Production27,657 BBLs
Total Gas Production12,239,077 MCF
Recent Oil Production15 BBLs in May 2026
Recent Gas Production16,502 MCF in May 2026
Wells on Property1

Our Valuation Estimates for Vela 16

ShaleAssessment™

$42,485 *

MarketMultiple™

$91,331 **

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

Based on a decimal interest

Vela 16 Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Vela 16
from Sep 1997 to Jun 2026

Wells on Vela 16

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-505-33606VELA 16HILCORP ENERGY COMPANYProducingZapata County, TX26.745492-99.213493

Leases included in Vela 16

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
04-166711VELA 16HILCORP ENERGY COMPANYZapata County, TX

Nearby Properties

These are the closest 20 properties to the Vela 16 property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
AlexanderZapata County, TX0 BBLs18,561 MCFJun 2026
Amoco FeeZapata County, TX0 BBLs1,191 MCFJun 2026
AndrewsZapata County, TX0 BBLs2,642 MCFJun 2026
Benavides, JZapata County, TX0 BBLs201 MCFJun 2026
CuellarZapata County, TX0 BBLs128 MCFJun 2026
GuerraZapata County, TX95 BBLs67,326 MCFJun 2026
Guerra-RaymondZapata County, TX9 BBLs2,941 MCFJun 2026
GutierrezZapata County, TX0 BBLs2,488 MCFJun 2026
J. G. Benavides Gas UnitZapata County, TX0 BBLs0 MCFJan 2026
JMV UnitZapata County, TX0 BBLs3,370 MCFJun 2026
MendozaZapata County, TX17 BBLs3,474 MCFJun 2026
Mendoza E. G. Gas UnitZapata County, TX0 BBLs941 MCFJun 2026
Smith AhZapata County, TX0 BBLs4,704 MCFJun 2026
VelaZapata County, TX24 BBLs10,310 MCFJun 2026
Vela AntonioZapata County, TX14 BBLs6,123 MCFJun 2026
Vela EmilianoZapata County, TX3 BBLs956 MCFJun 2026
Vela EstateZapata County, TX6 BBLs20,501 MCFJun 2026
Vela SerapioZapata County, TX18 BBLs8,887 MCFJun 2026
Vela-Smith GZapata County, TX0 BBLs0 MCFAug 2024
VillarrealZapata County, TX0 BBLs2,978 MCFJun 2026

Companies in the Area

These are the closest 20 companies operating near the Vela 16 property.

Company Name
Amax Oil & Gas Inc.
Arco Oil & Gas Company
Atlas Operating LLC
Chesapeake Operating, Inc.
Conoco Inc
ConocoPhillips Company
El Paso E&P Zapata, L.P.
Enron Oil & Gas Company
Hilcorp Energy Company
Ineos USA Oil & Gas LLC
Laredo Energy, LP
Merit Energy Company
Newfield Exploration Company
Proline Energy Resources Inc
Ricochet Energy, Inc.
Transamerican Natural Gas Corp.
Transtexas Gas Corporation
Union Pacific Resources Co.
Vantage Operating II, LLC
Vantage Operating, LLC

Owners of Vela 16

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2026HILCORP ENERGY COMPANYVELA ESTATE #8-14, 16HILCORP ENERGY COMPANY.
2026ZUNIGA FAMILY TRUSTVELA ESTATE #8-14, 16HILCORP ENERGY COMPANY.
2026SAVANNAH MINERALS LTDVELA ESTATE #8-14, 16HILCORP ENERGY COMPANY.
2026EL CLARENO PROPERTIES LTDVELA ESTATE #8-14, 16HILCORP ENERGY COMPANY.
2026BARBERIO LIMITED PARTNERSHIPVELA ESTATE #8-14, 16HILCORP ENERGY COMPANY.
2026LAND SHARK LLCVELA ESTATE #8-14, 16HILCORP ENERGY COMPANY.
2026SIETE VELAS MINERALS LTDVELA ESTATE #8-14, 16HILCORP ENERGY COMPANY.
2026GRC MINERAL RIGHTS LTDVELA ESTATE #8-14, 16HILCORP ENERGY COMPANY.
Displaying 8 of 42 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Vela 16

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
04-166711VELA 16May 2026DCP OPERATING COMPANY, LPHILCORP ENERGY COMPANY
04-166711VELA 16May 2026SHELL TRADING (US) COMPANYHILCORP ENERGY COMPANY
04-166711VELA 16May 2026HILCORP ENERGY COMPANYHILCORP ENERGY COMPANY
04-166711VELA 16May 2026FLINT HILLS RESOURCES, LPHILCORP ENERGY COMPANY
04-166711VELA 16May 2026KINDER MORGAN TEXAS PIPELINE LLCHILCORP ENERGY COMPANY
04-166711VELA 16Apr 2026DCP OPERATING COMPANY, LPHILCORP ENERGY COMPANY
04-166711VELA 16Apr 2026HILCORP ENERGY COMPANYHILCORP ENERGY COMPANY
04-166711VELA 16Apr 2026KINDER MORGAN TEXAS PIPELINE LLCHILCORP ENERGY COMPANY
04-166711VELA 16Mar 2026DCP OPERATING COMPANY, LPHILCORP ENERGY COMPANY
04-166711VELA 16Mar 2026SHELL TRADING (US) COMPANYHILCORP ENERGY COMPANY
04-166711VELA 16Mar 2026HILCORP ENERGY COMPANYHILCORP ENERGY COMPANY
04-166711VELA 16Mar 2026FLINT HILLS RESOURCES, LPHILCORP ENERGY COMPANY
04-166711VELA 16Feb 2026DCP OPERATING COMPANY, LPHILCORP ENERGY COMPANY
04-166711VELA 16Feb 2026SHELL TRADING (US) COMPANYHILCORP ENERGY COMPANY
04-166711VELA 16Feb 2026HILCORP ENERGY COMPANYHILCORP ENERGY COMPANY
04-166711VELA 16Feb 2026FLINT HILLS RESOURCES, LPHILCORP ENERGY COMPANY
04-166711VELA 16Jan 2026DCP OPERATING COMPANY, LPHILCORP ENERGY COMPANY
04-166711VELA 16Jan 2026HILCORP ENERGY COMPANYHILCORP ENERGY COMPANY
04-166711VELA 16Jan 2026FLINT HILLS RESOURCES, LPHILCORP ENERGY COMPANY
04-166711VELA 16Dec 2025DCP OPERATING COMPANY, LPHILCORP ENERGY COMPANY
04-166711VELA 16Dec 2025SHELL TRADING (US) COMPANYHILCORP ENERGY COMPANY
04-166711VELA 16Dec 2025HILCORP ENERGY COMPANYHILCORP ENERGY COMPANY
04-166711VELA 16Nov 2025DCP OPERATING COMPANY, LPHILCORP ENERGY COMPANY
04-166711VELA 16Nov 2025HILCORP ENERGY COMPANYHILCORP ENERGY COMPANY
04-166711VELA 16Nov 2025FLINT HILLS RESOURCES, LPHILCORP ENERGY COMPANY