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 2026
Total Oil Production27,593 BBLs
Total Gas Production12,207,671 MCF
Recent Oil Production50 BBLs in Mar 2026
Recent Gas Production16,342 MCF in Mar 2026
Wells on Property1

Our Valuation Estimates for Vela 16

ShaleAssessment

$43,499 *

MarketMultiple

$91,840 **

* 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 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 BBLs20,868 MCFApr 2026
Amoco FeeZapata County, TX0 BBLs1,095 MCFApr 2026
AndrewsZapata County, TX0 BBLs436 MCFApr 2026
Benavides, JZapata County, TX0 BBLs153 MCFApr 2026
CuellarZapata County, TX0 BBLs116 MCFApr 2026
GuerraZapata County, TX164 BBLs66,381 MCFApr 2026
Guerra-RaymondZapata County, TX29 BBLs3,009 MCFApr 2026
GutierrezZapata County, TX0 BBLs2,455 MCFApr 2026
J. G. Benavides Gas UnitZapata County, TX0 BBLs0 MCFJan 2026
JMV UnitZapata County, TX0 BBLs3,890 MCFApr 2026
MendozaZapata County, TX52 BBLs3,716 MCFApr 2026
Mendoza E. G. Gas UnitZapata County, TX0 BBLs931 MCFApr 2026
Smith AhZapata County, TX0 BBLs4,627 MCFApr 2026
VelaZapata County, TX12 BBLs9,637 MCFApr 2026
Vela AntonioZapata County, TX23 BBLs6,307 MCFApr 2026
Vela EmilianoZapata County, TX11 BBLs1,171 MCFApr 2026
Vela EstateZapata County, TX17 BBLs20,605 MCFApr 2026
Vela SerapioZapata County, TX36 BBLs9,321 MCFApr 2026
Vela-Smith GZapata County, TX0 BBLs0 MCFAug 2024
VillarrealZapata County, TX0 BBLs2,531 MCFApr 2026

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.
2025BARBERIO LIMITED PARTNERSHIPVELA ESTATE #8-14, 16HILCORP ENERGY COMPANY.
2025SAVANNAH MINERALS LTDVELA 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 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
04-166711VELA 16Oct 2025DCP OPERATING COMPANY, LPHILCORP ENERGY COMPANY
04-166711VELA 16Oct 2025HILCORP ENERGY COMPANYHILCORP ENERGY COMPANY
04-166711VELA 16Oct 2025KINDER MORGAN TEXAS PIPELINE LLCHILCORP ENERGY COMPANY
04-166711VELA 16Sep 2025DCP OPERATING COMPANY, LPHILCORP ENERGY COMPANY
04-166711VELA 16Sep 2025HILCORP ENERGY COMPANYHILCORP ENERGY COMPANY
04-166711VELA 16Sep 2025FLINT HILLS RESOURCES, LPHILCORP ENERGY COMPANY
04-166711VELA 16Aug 2025DCP OPERATING COMPANY, LPHILCORP ENERGY COMPANY
04-166711VELA 16Aug 2025SHELL TRADING (US) COMPANYHILCORP ENERGY COMPANY
04-166711VELA 16Aug 2025HILCORP ENERGY COMPANYHILCORP ENERGY COMPANY
04-166711VELA 16Aug 2025FLINT HILLS RESOURCES, LPHILCORP ENERGY COMPANY
04-166711VELA 16Jul 2025DCP OPERATING COMPANY, LPHILCORP ENERGY COMPANY
04-166711VELA 16Jul 2025SHELL TRADING (US) COMPANYHILCORP ENERGY COMPANY