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 - Jul 2025
Total Oil Production27,227 BBLs
Total Gas Production12,061,465 MCF
Recent Oil Production15 BBLs in Jun 2025
Recent Gas Production16,113 MCF in Jun 2025
Wells on Property1

Our Valuation Estimates for Vela 16

ShaleAssessment

$48,503 *

MarketMultiple

$61,981 **

* 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 Jul 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 BBLs21,458 MCFJul 2025
Amoco FeeZapata County, TX0 BBLs1,306 MCFJul 2025
AndrewsZapata County, TX0 BBLs1,239 MCFJul 2025
Benavides, JZapata County, TX0 BBLs435 MCFJul 2025
CuellarZapata County, TX0 BBLs123 MCFJul 2025
GuerraZapata County, TX26 BBLs67,832 MCFJul 2025
Guerra-RaymondZapata County, TX10 BBLs3,036 MCFJul 2025
GutierrezZapata County, TX0 BBLs2,625 MCFJul 2025
J. G. Benavides Gas UnitZapata County, TX0 BBLs3,518 MCFJul 2025
JMV UnitZapata County, TX0 BBLs126 MCFJul 2025
MendozaZapata County, TX17 BBLs4,587 MCFJul 2025
Mendoza E. G. Gas UnitZapata County, TX0 BBLs1,027 MCFJul 2025
Serapio Vela E 25Zapata County, TX23 BBLs6,308 MCFJul 2025
VelaZapata County, TX11 BBLs9,760 MCFJul 2025
Vela AntonioZapata County, TX25 BBLs6,685 MCFJul 2025
Vela EmilianoZapata County, TX6 BBLs1,428 MCFJul 2025
Vela EstateZapata County, TX3 BBLs19,638 MCFJul 2025
Vela SerapioZapata County, TX38 BBLs8,419 MCFJul 2025
Vela-Smith GZapata County, TX0 BBLs0 MCFAug 2024
VillarrealZapata County, TX0 BBLs2,950 MCFJul 2025

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.
2025BARBERIO LIMITED PARTNERSHIPVELA ESTATE #8-14, 16HILCORP ENERGY COMPANY.
2025SAVANNAH MINERALS LTDVELA ESTATE #8-14, 16HILCORP ENERGY COMPANY.
2025EL CLARENO PROPERTIES 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 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