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 2025
Total Oil Production27,182 BBLs
Total Gas Production12,045,025 MCF
Recent Oil Production31 BBLs in May 2025
Recent Gas Production15,458 MCF in May 2025
Wells on Property1

Our Valuation Estimates for Vela 16

ShaleAssessment™

$49,091 *

MarketMultiple™

$59,101 **

* 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 2025

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 BBLs22,029 MCFJun 2025
Amoco FeeZapata County, TX0 BBLs1,191 MCFJun 2025
AndrewsZapata County, TX0 BBLs1,872 MCFJun 2025
Benavides, JZapata County, TX0 BBLs414 MCFJun 2025
CuellarZapata County, TX0 BBLs103 MCFJun 2025
GuerraZapata County, TX163 BBLs74,030 MCFJun 2025
Guerra-RaymondZapata County, TX17 BBLs3,031 MCFJun 2025
GutierrezZapata County, TX0 BBLs2,933 MCFJun 2025
J. G. Benavides Gas UnitZapata County, TX0 BBLs3,549 MCFJun 2025
JMV UnitZapata County, TX0 BBLs238 MCFJun 2025
MendozaZapata County, TX31 BBLs3,163 MCFJun 2025
Mendoza E. G. Gas UnitZapata County, TX0 BBLs711 MCFJun 2025
Smith AhZapata County, TX0 BBLs7,715 MCFJun 2025
VelaZapata County, TX19 BBLs10,912 MCFJun 2025
Vela AntonioZapata County, TX12 BBLs6,726 MCFJun 2025
Vela EmilianoZapata County, TX4 BBLs1,445 MCFJun 2025
Vela EstateZapata County, TX9 BBLs19,676 MCFJun 2025
Vela SerapioZapata County, TX22 BBLs9,777 MCFJun 2025
Vela-Smith GZapata County, TX0 BBLs0 MCFAug 2024
VillarrealZapata County, TX0 BBLs2,917 MCFJun 2025

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
2025HILCORP ENERGY COMPANYVELA ESTATE #8-14, 16HILCORP ENERGY COMPANY.
2025ZUNIGA FAMILY TRUSTVELA ESTATE #8-14, 16HILCORP ENERGY COMPANY.
2025EL CLARENO PROPERTIES LTDVELA ESTATE #8-14, 16HILCORP ENERGY COMPANY.
2025SAVANNAH MINERALS LTDVELA ESTATE #8-14, 16HILCORP ENERGY COMPANY.
2025BARBERIO LIMITED PARTNERSHIPVELA ESTATE #8-14, 16HILCORP ENERGY COMPANY.
2025LAND SHARK LLCVELA ESTATE #8-14, 16HILCORP ENERGY COMPANY.
2025SIETE VELAS MINERALS LTDVELA ESTATE #8-14, 16HILCORP ENERGY COMPANY.
2025GRC 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 16Mar 2025DCP OPERATING COMPANY, LPHILCORP ENERGY COMPANY
04-166711VELA 16Mar 2025DCP OPERATING COMPANY, LPHILCORP ENERGY COMPANY
04-166711VELA 16Mar 2025HILCORP ENERGY COMPANYHILCORP ENERGY COMPANY
04-166711VELA 16Feb 2025DCP OPERATING COMPANY, LPHILCORP ENERGY COMPANY
04-166711VELA 16Feb 2025HILCORP ENERGY COMPANYHILCORP ENERGY COMPANY
04-166711VELA 16Feb 2025FLINT HILLS RESOURCES, LPHILCORP ENERGY COMPANY
04-166711VELA 16Feb 2025KINDER MORGAN TEXAS PIPELINE LLCHILCORP ENERGY COMPANY
04-166711VELA 16Jan 2025HILCORP ENERGY COMPANYHILCORP ENERGY COMPANY
04-166711VELA 16Jan 2025KINDER MORGAN TEXAS PIPELINE LLCHILCORP ENERGY COMPANY
04-166711VELA 16Dec 2024HILCORP ENERGY COMPANYHILCORP ENERGY COMPANY
04-166711VELA 16Dec 2024KINDER MORGAN TEXAS PIPELINE LLCHILCORP ENERGY COMPANY
04-166711VELA 16Nov 2024SHELL TRADING (US) COMPANYHILCORP ENERGY COMPANY
04-166711VELA 16Nov 2024HILCORP ENERGY COMPANYHILCORP ENERGY COMPANY
04-166711VELA 16Nov 2024FLINT HILLS RESOURCES, LPHILCORP ENERGY COMPANY
04-166711VELA 16Nov 2024KINDER MORGAN TEXAS PIPELINE LLCHILCORP ENERGY COMPANY
04-166711VELA 16Oct 2024SHELL TRADING (US) COMPANYHILCORP ENERGY COMPANY
04-166711VELA 16Oct 2024HILCORP ENERGY COMPANYHILCORP ENERGY COMPANY
04-166711VELA 16Oct 2024FLINT HILLS RESOURCES, LPHILCORP ENERGY COMPANY
04-166711VELA 16Oct 2024KINDER MORGAN TEXAS PIPELINE LLCHILCORP ENERGY COMPANY
04-166711VELA 16Sep 2024HILCORP ENERGY COMPANYHILCORP ENERGY COMPANY
04-166711VELA 16Sep 2024KINDER MORGAN TEXAS PIPELINE LLCHILCORP ENERGY COMPANY
04-166711VELA 16Aug 2024SHELL TRADING (US) COMPANYHILCORP ENERGY COMPANY
04-166711VELA 16Aug 2024HILCORP ENERGY COMPANYHILCORP ENERGY COMPANY
04-166711VELA 16Aug 2024FLINT HILLS RESOURCES, LPHILCORP ENERGY COMPANY
04-166711VELA 16Aug 2024KINDER MORGAN TEXAS PIPELINE LLCHILCORP ENERGY COMPANY