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 - Jan 2026
Total Oil Production1,739 BBLs
Total Gas Production4,956,006 MCF
Recent Oil Production0 BBLs in Dec 2025
Recent Gas Production2,906 MCF in Dec 2025
Wells on Property3

Our Valuation Estimates for Vela-Alexander Gas Unit

ShaleAssessment

$8,972 *

MarketMultiple

$12,540 **

* 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 Jan 2026

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 BBLs32,665 MCFJan 2026
Antonio Martinez Et AlZapata County, TX2 BBLs3,023 MCFJan 2026
BrionesZapata County, TX12 BBLs6,831 MCFJan 2026
C-Bruni Mineral TRWebb County, TX39 BBLs23,914 MCFJan 2026
Carrillo O.PZapata County, TX0 BBLs138 MCFJan 2026
Charles AlexanderWebb County, TX0 BBLs2,030 MCFJan 2026
Isidro Moreno Et AlWebb County, TX0 BBLs2,915 MCFJan 2026
M.L.E.I. Bruni Min. TRWebb County, TX0 BBLs1,881 MCFJan 2026
MartinezZapata County, TX8 BBLs36,675 MCFJan 2026
Martinez AntonioZapata County, TX1 BBLs24,113 MCFJan 2026
Martinez Antonio Et AlZapata County, TX11 BBLs629 MCFJan 2026
Martinez RZapata County, TX0 BBLs415 MCFJan 2026
Martinez-Alexander Gas UnitZapata County, TX0 BBLs6,515 MCFJan 2026
Martinez-Barrera GWebb County, TX11 BBLs11,765 MCFJan 2026
Mercurio Martinez Et Al UnitZapata County, TX0 BBLs1,877 MCFJan 2026
Moreno Isidro Et AlWebb County, TX0 BBLs3,962 MCFJan 2026
Pena HWebb County, TX0 BBLs2,026 MCFJan 2026
Puig King Gas UnitZapata County, TX0 BBLs4,991 MCFJan 2026
Rancho NuevoZapata County, TX2 BBLs14,571 MCFJan 2026
Vela J.MZapata County, TX13 BBLs19,167 MCFJan 2026

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 1Nov 2025HILCORP ENERGY COMPANYHILCORP ENERGY COMPANY
04-154846VELA-ALEXANDER GAS UNIT 1Nov 2025ETC TEXAS PIPELINE, LTD.HILCORP ENERGY COMPANY
04-154846VELA-ALEXANDER GAS UNIT 1Oct 2025HILCORP ENERGY COMPANYHILCORP ENERGY COMPANY
04-154846VELA-ALEXANDER GAS UNIT 1Oct 2025ETC TEXAS PIPELINE, LTD.HILCORP ENERGY COMPANY
04-154846VELA-ALEXANDER GAS UNIT 1Sep 2025HILCORP ENERGY COMPANYHILCORP ENERGY COMPANY
04-154846VELA-ALEXANDER GAS UNIT 1Sep 2025ETC TEXAS PIPELINE, LTD.HILCORP ENERGY COMPANY
04-154846VELA-ALEXANDER GAS UNIT 1Aug 2025HILCORP ENERGY COMPANYHILCORP ENERGY COMPANY
04-154846VELA-ALEXANDER GAS UNIT 1Aug 2025ETC TEXAS PIPELINE, LTD.HILCORP ENERGY COMPANY
04-154846VELA-ALEXANDER GAS UNIT 1Jul 2025HILCORP ENERGY COMPANYHILCORP ENERGY COMPANY
04-154846VELA-ALEXANDER GAS UNIT 1Jul 2025ETC TEXAS PIPELINE, LTD.HILCORP ENERGY COMPANY
04-154846VELA-ALEXANDER GAS UNIT 1Jun 2025HILCORP ENERGY COMPANYHILCORP ENERGY COMPANY
04-154846VELA-ALEXANDER GAS UNIT 1Jun 2025ETC TEXAS PIPELINE, LTD.HILCORP ENERGY COMPANY
04-154846VELA-ALEXANDER GAS UNIT 1May 2025HILCORP ENERGY COMPANYHILCORP ENERGY COMPANY
04-154846VELA-ALEXANDER GAS UNIT 1May 2025ETC TEXAS PIPELINE, LTD.HILCORP ENERGY COMPANY
04-154846VELA-ALEXANDER GAS UNIT 1Apr 2025HILCORP ENERGY COMPANYHILCORP ENERGY COMPANY
04-154846VELA-ALEXANDER GAS UNIT 1Apr 2025ETC TEXAS PIPELINE, LTD.HILCORP ENERGY COMPANY
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