Vela-Alexander Gas Unit

Oil & Gas Property in Zapata County, TX

Property Summary

Key data points for Vela-Alexander Gas Unit

CountyZapata County, TX
Production DatesJun 1995 - Jun 2025
Total Oil Production1,739 BBLs
Total Gas Production4,935,736 MCF
Recent Oil Production0 BBLs in May 2025
Recent Gas Production2,918 MCF in May 2025
Wells on Property3

Our Valuation Estimates for Vela-Alexander Gas Unit

ShaleAssessment

$9,772 *

MarketMultiple

$12,437 **

* Assessment based on future expected revenue
** Based on a 36 month multiple of average monthly estimated revenue

Based on a decimal interest

Vela-Alexander Gas Unit Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Vela-Alexander Gas Unit
from Jun 1995 to Jun 2025

Wells on Vela-Alexander Gas Unit

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-505-33247VELA-ALEXANDER GAS UNIT 1HILCORP ENERGY COMPANYProducingZapata County, TX27.286750-99.372535
42-505-33811VELA-ALEXANDER GAS UNIT NO. 2 1CHEVRON U. S. A. INC.Permitted LocationZapata County, TX27.290598-99.370503
42-505-34569VELA-ALEXANDER GAS UNIT 2 1CHEVRON U. S. A. INC.Dry HoleZapata County, TX27.290820-99.368800

Leases included in Vela-Alexander Gas Unit

Lease #Lease NameOperatorCountyMonthly Gas Prod.
04-154846VELA-ALEXANDER GAS UNIT 1HILCORP ENERGY COMPANYZapata County, TX

Operators Associated With Vela-Alexander Gas Unit

Nearby Properties

These are the closest 20 properties to the Vela-Alexander Gas Unit property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Alexander CharlesZapata County, TX0 BBLs29,967 MCFJun 2025
Antonio Martinez Et AlZapata County, TX5 BBLs3,219 MCFJun 2025
BrionesZapata County, TX2 BBLs7,736 MCFJun 2025
Bruni Mineral TrustWebb County, TX0 BBLs23,835 MCFJun 2025
C-Bruni Mineral TRWebb County, TX46 BBLs26,397 MCFJun 2025
Carrillo O.PZapata County, TX0 BBLs216 MCFJun 2025
Charles AlexanderWebb County, TX0 BBLs2,486 MCFJun 2025
Isidro Moreno Et AlWebb County, TX0 BBLs2,828 MCFJun 2025
M.L.E.I. Bruni Min. TRWebb County, TX0 BBLs563 MCFJun 2025
MartinezZapata County, TX42 BBLs38,148 MCFJun 2025
Martinez AntonioZapata County, TX0 BBLs20,345 MCFJun 2025
Martinez Antonio Et AlZapata County, TX22 BBLs589 MCFJun 2025
Martinez RZapata County, TX0 BBLs569 MCFJun 2025
Martinez-Alexander Gas UnitZapata County, TX0 BBLs5,503 MCFJun 2025
Martinez-Barrera GWebb County, TX6 BBLs9,038 MCFJun 2025
Mercurio Martinez Et Al UnitZapata County, TX0 BBLs910 MCFJun 2025
Moreno Isidro Et AlWebb County, TX0 BBLs4,958 MCFJun 2025
Puig King Gas UnitZapata County, TX0 BBLs5,522 MCFJun 2025
Rancho NuevoZapata County, TX0 BBLs15,566 MCFJun 2025
Vela J.MZapata County, TX0 BBLs19,931 MCFJun 2025

Owners of Vela-Alexander Gas Unit

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2025HILCORP ENERGY COMPANYVELA - ALEXANDER GAS UNIT W-1HILCORP ENERGY COMPANY.
2025ALEXANDER MINERAL TRUSTVELA - ALEXANDER GAS UNIT W-1HILCORP ENERGY COMPANY.
2025RANCHO NUEVO MINERALS LTDVELA - ALEXANDER GAS UNIT W-1HILCORP ENERGY COMPANY.

Oil & Gas Sales on Vela-Alexander Gas Unit

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
04-154846VELA-ALEXANDER GAS UNIT 1Mar 2025HILCORP ENERGY COMPANYHILCORP ENERGY COMPANY
04-154846VELA-ALEXANDER GAS UNIT 1Mar 2025ETC TEXAS PIPELINE, LTD.HILCORP ENERGY COMPANY
04-154846VELA-ALEXANDER GAS UNIT 1Feb 2025HILCORP ENERGY COMPANYHILCORP ENERGY COMPANY
04-154846VELA-ALEXANDER GAS UNIT 1Feb 2025ETC TEXAS PIPELINE, LTD.HILCORP ENERGY COMPANY
04-154846VELA-ALEXANDER GAS UNIT 1Jan 2025HILCORP ENERGY COMPANYHILCORP ENERGY COMPANY
04-154846VELA-ALEXANDER GAS UNIT 1Jan 2025ETC TEXAS PIPELINE, LTD.HILCORP ENERGY COMPANY
04-154846VELA-ALEXANDER GAS UNIT 1Dec 2024HILCORP ENERGY COMPANYHILCORP ENERGY COMPANY
04-154846VELA-ALEXANDER GAS UNIT 1Dec 2024ETC TEXAS PIPELINE, LTD.HILCORP ENERGY COMPANY
04-154846VELA-ALEXANDER GAS UNIT 1Nov 2024HILCORP ENERGY COMPANYHILCORP ENERGY COMPANY
04-154846VELA-ALEXANDER GAS UNIT 1Nov 2024ETC TEXAS PIPELINE, LTD.HILCORP ENERGY COMPANY
04-154846VELA-ALEXANDER GAS UNIT 1Oct 2024HILCORP ENERGY COMPANYHILCORP ENERGY COMPANY
04-154846VELA-ALEXANDER GAS UNIT 1Oct 2024ETC TEXAS PIPELINE, LTD.HILCORP ENERGY COMPANY
04-154846VELA-ALEXANDER GAS UNIT 1Sep 2024HILCORP ENERGY COMPANYHILCORP ENERGY COMPANY
04-154846VELA-ALEXANDER GAS UNIT 1Sep 2024ETC TEXAS PIPELINE, LTD.HILCORP ENERGY COMPANY
04-154846VELA-ALEXANDER GAS UNIT 1Aug 2024HILCORP ENERGY COMPANYHILCORP ENERGY COMPANY
04-154846VELA-ALEXANDER GAS UNIT 1Aug 2024ETC TEXAS PIPELINE, LTD.HILCORP ENERGY COMPANY
04-154846VELA-ALEXANDER GAS UNIT 1Jul 2024HILCORP ENERGY COMPANYHILCORP ENERGY COMPANY
04-154846VELA-ALEXANDER GAS UNIT 1Jul 2024ETC TEXAS PIPELINE, LTD.HILCORP ENERGY COMPANY
04-154846VELA-ALEXANDER GAS UNIT 1Jun 2024HILCORP ENERGY COMPANYHILCORP ENERGY COMPANY
04-154846VELA-ALEXANDER GAS UNIT 1Jun 2024ETC TEXAS PIPELINE, LTD.HILCORP ENERGY COMPANY
04-154846VELA-ALEXANDER GAS UNIT 1May 2024HILCORP ENERGY COMPANYHILCORP ENERGY COMPANY
04-154846VELA-ALEXANDER GAS UNIT 1May 2024ETC TEXAS PIPELINE, LTD.HILCORP ENERGY COMPANY
04-154846VELA-ALEXANDER GAS UNIT 1Apr 2024HILCORP ENERGY COMPANYHILCORP ENERGY COMPANY
04-154846VELA-ALEXANDER GAS UNIT 1Apr 2024ETC TEXAS PIPELINE, LTD.HILCORP ENERGY COMPANY
04-154846VELA-ALEXANDER GAS UNIT 1Mar 2024HILCORP ENERGY COMPANYHILCORP ENERGY COMPANY