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 - Jan 2024
Total Oil Production26,630 BBLs
Total Gas Production11,765,750 MCF
Recent Oil Production22 BBLs in Dec 2023
Recent Gas Production17,373 MCF in Dec 2023
Wells on Property1

Our Valuation Estimates for Vela 16

ShaleAssessment™

$69,458 *

MarketMultiple™

$53,391 **

* 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
Subscribe for Full Access Subscribe now to gain immediate access
to oil and gas production for Vela 16
from Sep 1997 to Jan 2024

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 BBLs27,527 MCFJan 2024
Amoco FeeZapata County, TX0 BBLs1,395 MCFJan 2024
AndrewsZapata County, TX0 BBLs209 MCFJan 2024
Benavides, JZapata County, TX0 BBLs439 MCFJan 2024
CuellarZapata County, TX0 BBLs0 MCFJun 2023
GuerraZapata County, TX221 BBLs79,995 MCFJan 2024
Guerra-RaymondZapata County, TX12 BBLs3,848 MCFJan 2024
GutierrezZapata County, TX0 BBLs2,555 MCFJan 2024
J. G. Benavides Gas UnitZapata County, TX0 BBLs5,021 MCFJan 2024
JMV UnitZapata County, TX0 BBLs307 MCFJan 2024
MendozaZapata County, TX22 BBLs5,722 MCFJan 2024
Mendoza E. G. Gas UnitZapata County, TX0 BBLs1,102 MCFJan 2024
Smith AhZapata County, TX1 BBLs7,313 MCFJan 2024
VelaZapata County, TX5 BBLs11,022 MCFJan 2024
Vela AntonioZapata County, TX20 BBLs7,266 MCFJan 2024
Vela EmilianoZapata County, TX3 BBLs1,725 MCFJan 2024
Vela EstateZapata County, TX6 BBLs24,092 MCFJan 2024
Vela SerapioZapata County, TX36 BBLs12,653 MCFJan 2024
Vela-Smith GZapata County, TX0 BBLs304 MCFJan 2024
VillarrealZapata County, TX0 BBLs2,830 MCFJan 2024

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
Hugoton Operating Company, Inc.
Ineos USA Oil & Gas LLC
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
XTO Energy Inc.

Owners of Vela 16

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2023HILCORP ENERGY COMPANYVELA ESTATE #8-14, 16HILCORP ENERGY COMPANY.
2023ZUNIGA FAMILY TRUSTVELA ESTATE #8-14, 16HILCORP ENERGY COMPANY.
2023EL CLARENO PROPERTIES LTDVELA ESTATE #8-14, 16HILCORP ENERGY COMPANY.
2023SAVANNAH MINERALS LTDVELA ESTATE #8-14, 16HILCORP ENERGY COMPANY.
2023BARBERIO LIMITED PARTNERSHIPVELA ESTATE #8-14, 16HILCORP ENERGY COMPANY.
2023RANCHO LOMA BLANCA LLCVELA ESTATE #8-14, 16HILCORP ENERGY COMPANY.
2023SIETE VELAS MINERALS LTDVELA ESTATE #8-14, 16HILCORP ENERGY COMPANY.
2023GRC MINERAL RIGHTS LTDVELA ESTATE #8-14, 16HILCORP ENERGY COMPANY.
Displaying 8 of 44 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 16Oct 2023HILCORP ENERGY COMPANYHILCORP ENERGY COMPANY
04-166711VELA 16Oct 2023KINDER MORGAN TEXAS PIPELINE LLCHILCORP ENERGY COMPANY
04-166711VELA 16Sep 2023SHELL TRADING (US) COMPANYHILCORP ENERGY COMPANY
04-166711VELA 16Sep 2023KINDER MORGAN TEXAS PIPELINE LLCHILCORP ENERGY COMPANY
04-166711VELA 16Aug 2023KINDER MORGAN TEXAS PIPELINE LLCHILCORP ENERGY COMPANY
04-166711VELA 16Jul 2023KINDER MORGAN TEXAS PIPELINE LLCHILCORP ENERGY COMPANY
04-166711VELA 16Jun 2023DCP OPERATING COMPANY, LPHILCORP ENERGY COMPANY
04-166711VELA 16Jun 2023SHELL TRADING (US) COMPANYHILCORP ENERGY COMPANY
04-166711VELA 16Jun 2023KINDER MORGAN TEXAS PIPELINE LLCHILCORP ENERGY COMPANY
04-166711VELA 16May 2023KINDER MORGAN TEXAS PIPELINE LLCHILCORP ENERGY COMPANY
04-166711VELA 16Apr 2023SHELL TRADING (US) COMPANYHILCORP ENERGY COMPANY
04-166711VELA 16Apr 2023KINDER MORGAN TEXAS PIPELINE LLCHILCORP ENERGY COMPANY
04-166711VELA 16Mar 2023SHELL TRADING (US) COMPANYHILCORP ENERGY COMPANY
04-166711VELA 16Mar 2023KINDER MORGAN TEXAS PIPELINE LLCHILCORP ENERGY COMPANY
04-166711VELA 16Feb 2023KINDER MORGAN TEXAS PIPELINE LLCHILCORP ENERGY COMPANY
04-166711VELA 16Jan 2023SHELL TRADING (US) COMPANYHILCORP ENERGY COMPANY
04-166711VELA 16Jan 2023KINDER MORGAN TEXAS PIPELINE LLCHILCORP ENERGY COMPANY
04-166711VELA 16Dec 2022KINDER MORGAN TEXAS PIPELINE LLCHILCORP ENERGY COMPANY
04-166711VELA 16Nov 2022KINDER MORGAN TEXAS PIPELINE LLCHILCORP ENERGY COMPANY
04-166711VELA 16Oct 2022SHELL TRADING (US) COMPANYHILCORP ENERGY COMPANY
04-166711VELA 16Oct 2022KINDER MORGAN TEXAS PIPELINE LLCHILCORP ENERGY COMPANY
04-166711VELA 16Sep 2022SHELL TRADING (US) COMPANYHILCORP ENERGY COMPANY
04-166711VELA 16Sep 2022KINDER MORGAN TEXAS PIPELINE LLCHILCORP ENERGY COMPANY
04-166711VELA 16Aug 2022SHELL TRADING (US) COMPANYHILCORP ENERGY COMPANY
04-166711VELA 16Aug 2022KINDER MORGAN TEXAS PIPELINE LLCHILCORP ENERGY COMPANY