Vela 16

Oil & Gas Property in Zapata County, TX

Property Summary

Key data points for Vela 16

CountyZapata County, TX
OperatorHILCORP ENERGY COMPANY
Production DatesSep 1997 - Apr 2025
Total Oil Production27,136 BBLs
Total Gas Production12,013,454 MCF
Recent Oil Production27 BBLs in Mar 2025
Recent Gas Production12,382 MCF in Mar 2025
Wells on Property1

Our Valuation Estimates for Vela 16

ShaleAssessment

$50,263 *

MarketMultiple

$54,213 **

* 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 Apr 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 BBLs25,446 MCFApr 2025
Amoco FeeZapata County, TX0 BBLs976 MCFApr 2025
AndrewsZapata County, TX0 BBLs1,538 MCFApr 2025
Benavides, JZapata County, TX0 BBLs277 MCFApr 2025
CuellarZapata County, TX0 BBLs99 MCFApr 2025
GuerraZapata County, TX137 BBLs83,563 MCFApr 2025
Guerra-RaymondZapata County, TX16 BBLs2,519 MCFApr 2025
GutierrezZapata County, TX0 BBLs1,662 MCFApr 2025
J. G. Benavides Gas UnitZapata County, TX0 BBLs2,697 MCFApr 2025
JMV UnitZapata County, TX0 BBLs131 MCFApr 2025
MendozaZapata County, TX28 BBLs2,866 MCFApr 2025
Mendoza E. G. Gas UnitZapata County, TX0 BBLs611 MCFApr 2025
Serapio Vela E 25Zapata County, TX53 BBLs6,791 MCFApr 2025
VelaZapata County, TX18 BBLs10,810 MCFApr 2025
Vela AntonioZapata County, TX29 BBLs6,276 MCFApr 2025
Vela EmilianoZapata County, TX8 BBLs1,470 MCFApr 2025
Vela EstateZapata County, TX8 BBLs16,195 MCFApr 2025
Vela SerapioZapata County, TX49 BBLs8,998 MCFApr 2025
Vela-Smith GZapata County, TX0 BBLs0 MCFAug 2024
VillarrealZapata County, TX0 BBLs3,695 MCFApr 2025

Owners of Vela 16

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024HILCORP ENERGY COMPANYVELA ESTATE #8-14, 16HILCORP ENERGY COMPANY.
2024ZUNIGA FAMILY TRUSTVELA ESTATE #8-14, 16HILCORP ENERGY COMPANY.
2024EL CLARENO PROPERTIES LTDVELA ESTATE #8-14, 16HILCORP ENERGY COMPANY.
2024SAVANNAH MINERALS LTDVELA ESTATE #8-14, 16HILCORP ENERGY COMPANY.
2024BARBERIO LIMITED PARTNERSHIPVELA ESTATE #8-14, 16HILCORP ENERGY COMPANY.
2024RANCHO LOMA BLANCA LLCVELA ESTATE #8-14, 16HILCORP ENERGY COMPANY.
2024SIETE VELAS MINERALS LTDVELA ESTATE #8-14, 16HILCORP ENERGY COMPANY.
2024GRC 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