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 2025
Total Oil Production1,739 BBLs
Total Gas Production4,921,520 MCF
Recent Oil Production0 BBLs in Dec 2024
Recent Gas Production2,986 MCF in Dec 2024
Wells on Property3

Our Valuation Estimates for Vela-Alexander Gas Unit

ShaleAssessment

$10,343 *

MarketMultiple

$7,881 **

* 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 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, TX129 BBLs30,873 MCFJan 2025
Antonio Martinez Et AlZapata County, TX2 BBLs5,492 MCFJan 2025
BrionesZapata County, TX5 BBLs5,974 MCFJan 2025
Bruni Mineral TrustWebb County, TX95 BBLs22,700 MCFJan 2025
C-Bruni Mineral TRWebb County, TX28 BBLs10,088 MCFJan 2025
Carrillo O.PZapata County, TX0 BBLs234 MCFJan 2025
Charles AlexanderWebb County, TX8 BBLs2,579 MCFJan 2025
Isidro Moreno Et AlWebb County, TX0 BBLs3,073 MCFJan 2025
M.L.E.I. Bruni Min. TRWebb County, TX3 BBLs671 MCFJan 2025
MartinezZapata County, TX52 BBLs30,451 MCFJan 2025
Martinez AntonioZapata County, TX0 BBLs19,537 MCFJan 2025
Martinez Antonio Et AlZapata County, TX11 BBLs541 MCFJan 2025
Martinez RZapata County, TX0 BBLs450 MCFJan 2025
Martinez-Alexander Gas UnitZapata County, TX0 BBLs5,661 MCFJan 2025
Martinez-Barrera GWebb County, TX4 BBLs13,881 MCFJan 2025
Mercurio Martinez Et Al UnitZapata County, TX0 BBLs681 MCFJan 2025
Moreno Isidro Et AlWebb County, TX0 BBLs3,897 MCFJan 2025
Puig King Gas UnitZapata County, TX0 BBLs7,489 MCFJan 2025
Rancho NuevoZapata County, TX0 BBLs16,147 MCFJan 2025
Vela J.MZapata County, TX30 BBLs22,014 MCFJan 2025

Owners of Vela-Alexander Gas Unit

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024HILCORP ENERGY COMPANYVELA - ALEXANDER GAS UNIT W-1HILCORP ENERGY COMPANY.
2024ALEXANDER MINERAL TRUSTVELA - ALEXANDER GAS UNIT W-1HILCORP ENERGY COMPANY.
2024RANCHO 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 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
04-154846VELA-ALEXANDER GAS UNIT 1Mar 2024ETC TEXAS PIPELINE, LTD.HILCORP ENERGY COMPANY
04-154846VELA-ALEXANDER GAS UNIT 1Feb 2024HILCORP ENERGY COMPANYHILCORP ENERGY COMPANY
04-154846VELA-ALEXANDER GAS UNIT 1Feb 2024ETC TEXAS PIPELINE, LTD.HILCORP ENERGY COMPANY
04-154846VELA-ALEXANDER GAS UNIT 1Jan 2024HILCORP ENERGY COMPANYHILCORP ENERGY COMPANY
04-154846VELA-ALEXANDER GAS UNIT 1Jan 2024ETC TEXAS PIPELINE, LTD.HILCORP ENERGY COMPANY
04-154846VELA-ALEXANDER GAS UNIT 1Dec 2023HILCORP ENERGY COMPANYHILCORP ENERGY COMPANY
04-154846VELA-ALEXANDER GAS UNIT 1Dec 2023ETC TEXAS PIPELINE, LTD.HILCORP ENERGY COMPANY
04-154846VELA-ALEXANDER GAS UNIT 1Nov 2023HILCORP ENERGY COMPANYHILCORP ENERGY COMPANY
04-154846VELA-ALEXANDER GAS UNIT 1Nov 2023ETC TEXAS PIPELINE, LTD.HILCORP ENERGY COMPANY
04-154846VELA-ALEXANDER GAS UNIT 1Oct 2023HILCORP ENERGY COMPANYHILCORP ENERGY COMPANY
04-154846VELA-ALEXANDER GAS UNIT 1Oct 2023ETC TEXAS PIPELINE, LTD.HILCORP ENERGY COMPANY
04-154846VELA-ALEXANDER GAS UNIT 1Sep 2023HILCORP ENERGY COMPANYHILCORP ENERGY COMPANY