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 2026
Total Oil Production27,442 BBLs
Total Gas Production12,160,689 MCF
Recent Oil Production42 BBLs in Dec 2025
Recent Gas Production16,273 MCF in Dec 2025
Wells on Property1

Our Valuation Estimates for Vela 16

ShaleAssessment™

$45,012 *

MarketMultiple™

$74,456 **

* 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 Jan 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 BBLs21,657 MCFJan 2026
Amoco FeeZapata County, TX0 BBLs994 MCFJan 2026
AndrewsZapata County, TX0 BBLs677 MCFJan 2026
Benavides, JZapata County, TX0 BBLs338 MCFJan 2026
CuellarZapata County, TX0 BBLs121 MCFJan 2026
GuerraZapata County, TX89 BBLs68,770 MCFJan 2026
Guerra-RaymondZapata County, TX25 BBLs2,915 MCFJan 2026
GutierrezZapata County, TX0 BBLs2,244 MCFJan 2026
J. G. Benavides Gas UnitZapata County, TX0 BBLs2,153 MCFJan 2026
JMV UnitZapata County, TX0 BBLs77 MCFJan 2026
MendozaZapata County, TX79 BBLs4,202 MCFJan 2026
Mendoza E. G. Gas UnitZapata County, TX0 BBLs946 MCFJan 2026
Smith AhZapata County, TX0 BBLs5,207 MCFJan 2026
VelaZapata County, TX16 BBLs10,118 MCFJan 2026
Vela AntonioZapata County, TX19 BBLs6,499 MCFJan 2026
Vela EmilianoZapata County, TX4 BBLs1,226 MCFJan 2026
Vela EstateZapata County, TX7 BBLs21,698 MCFJan 2026
Vela SerapioZapata County, TX26 BBLs9,456 MCFJan 2026
Vela-Smith GZapata County, TX0 BBLs0 MCFAug 2024
VillarrealZapata County, TX0 BBLs2,792 MCFJan 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
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 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
04-166711VELA 16Jul 2025HILCORP ENERGY COMPANYHILCORP ENERGY COMPANY
04-166711VELA 16Jun 2025DCP OPERATING COMPANY, LPHILCORP ENERGY COMPANY
04-166711VELA 16Jun 2025HILCORP ENERGY COMPANYHILCORP ENERGY COMPANY
04-166711VELA 16Jun 2025FLINT HILLS RESOURCES, LPHILCORP ENERGY COMPANY
04-166711VELA 16May 2025DCP OPERATING COMPANY, LPHILCORP ENERGY COMPANY
04-166711VELA 16May 2025HILCORP ENERGY COMPANYHILCORP ENERGY COMPANY
04-166711VELA 16Apr 2025DCP OPERATING COMPANY, LPHILCORP ENERGY COMPANY
04-166711VELA 16Apr 2025HILCORP ENERGY COMPANYHILCORP ENERGY COMPANY
04-166711VELA 16Apr 2025FLINT HILLS RESOURCES, LPHILCORP ENERGY COMPANY
04-166711VELA 16Mar 2025DCP OPERATING COMPANY, LPHILCORP ENERGY COMPANY