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 - Apr 2026
Total Oil Production1,739 BBLs
Total Gas Production4,964,203 MCF
Recent Oil Production0 BBLs in Mar 2026
Recent Gas Production2,839 MCF in Mar 2026
Wells on Property3

Our Valuation Estimates for Vela-Alexander Gas Unit

ShaleAssessment

$8,676 *

MarketMultiple

$15,344 **

* 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 Apr 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, TX17 BBLs32,424 MCFApr 2026
Antonio Martinez Et AlZapata County, TX0 BBLs2,906 MCFApr 2026
BrionesZapata County, TX0 BBLs6,746 MCFApr 2026
C-Bruni Mineral TRWebb County, TX46 BBLs20,796 MCFApr 2026
Carrillo O.PZapata County, TX0 BBLs152 MCFApr 2026
Charles AlexanderWebb County, TX0 BBLs1,185 MCFApr 2026
Isidro Moreno Et AlWebb County, TX0 BBLs2,743 MCFApr 2026
M.L.E.I. Bruni Min. TRWebb County, TX0 BBLs1,724 MCFApr 2026
MartinezZapata County, TX15 BBLs38,033 MCFApr 2026
Martinez AntonioZapata County, TX41 BBLs22,852 MCFApr 2026
Martinez Antonio Et AlZapata County, TX0 BBLs4,374 MCFApr 2026
Martinez RZapata County, TX0 BBLs122 MCFApr 2026
Martinez-Alexander Gas UnitZapata County, TX0 BBLs5,799 MCFApr 2026
Martinez-Barrera GWebb County, TX2 BBLs10,972 MCFApr 2026
Mercurio Martinez Et Al UnitZapata County, TX4 BBLs1,145 MCFApr 2026
Moreno Isidro Et AlWebb County, TX30 BBLs9,574 MCFApr 2026
Pena HWebb County, TX0 BBLs1,390 MCFApr 2026
Puig King Gas UnitZapata County, TX0 BBLs4,775 MCFApr 2026
Rancho NuevoZapata County, TX0 BBLs14,547 MCFApr 2026
Vela J.MZapata County, TX27 BBLs19,942 MCFApr 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 1Feb 2026HILCORP ENERGY COMPANYHILCORP ENERGY COMPANY
04-154846VELA-ALEXANDER GAS UNIT 1Feb 2026ETC TEXAS PIPELINE, LTD.HILCORP ENERGY COMPANY
04-154846VELA-ALEXANDER GAS UNIT 1Jan 2026HILCORP ENERGY COMPANYHILCORP ENERGY COMPANY
04-154846VELA-ALEXANDER GAS UNIT 1Jan 2026ETC TEXAS PIPELINE, LTD.HILCORP ENERGY COMPANY
04-154846VELA-ALEXANDER GAS UNIT 1Dec 2025HILCORP ENERGY COMPANYHILCORP ENERGY COMPANY
04-154846VELA-ALEXANDER GAS UNIT 1Dec 2025ETC TEXAS PIPELINE, LTD.HILCORP ENERGY COMPANY
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