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 2024
Total Oil Production1,739 BBLs
Total Gas Production4,882,304 MCF
Recent Oil Production0 BBLs in Dec 2023
Recent Gas Production3,122 MCF in Dec 2023
Wells on Property3

Our Valuation Estimates for Vela-Alexander Gas Unit

ShaleAssessment

$13,745 *

MarketMultiple

$9,369 **

* 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 2024

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, TX59 BBLs34,043 MCFJan 2024
Antonio Martinez Et AlZapata County, TX0 BBLs5,222 MCFJan 2024
BrionesZapata County, TX20 BBLs9,440 MCFJan 2024
C-Bruni Mineral TRWebb County, TX86 BBLs30,123 MCFJan 2024
Carrillo O.PZapata County, TX0 BBLs229 MCFJan 2024
Charles AlexanderWebb County, TX2 BBLs1,170 MCFJan 2024
Isidro Moreno Et AlWebb County, TX0 BBLs2,902 MCFJan 2024
M.L.E.I. Bruni Min. TRWebb County, TX2 BBLs1,168 MCFJan 2024
MartinezZapata County, TX65 BBLs37,575 MCFJan 2024
Martinez AntonioZapata County, TX0 BBLs21,247 MCFJan 2024
Martinez Antonio Et AlZapata County, TX2 BBLs1,640 MCFJan 2024
Martinez RZapata County, TX0 BBLs202 MCFJan 2024
Martinez-Alexander Gas UnitZapata County, TX0 BBLs6,145 MCFJan 2024
Martinez-Barrera GWebb County, TX5 BBLs15,268 MCFJan 2024
Mercurio Martinez Et Al UnitZapata County, TX4 BBLs1,047 MCFJan 2024
Moreno Isidro Et AlWebb County, TX0 BBLs3,718 MCFJan 2024
Pena HWebb County, TX0 BBLs0 MCFSep 2023
Puig King Gas UnitZapata County, TX0 BBLs3,546 MCFJan 2024
Rancho NuevoZapata County, TX56 BBLs17,900 MCFJan 2024
Vela J.MZapata County, TX0 BBLs23,065 MCFJan 2024

Owners of Vela-Alexander Gas Unit

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2023HILCORP ENERGY COMPANYVELA - ALEXANDER GAS UNIT W-1HILCORP ENERGY COMPANY.
2023RANCHO NUEVO MINERALS LTDVELA - ALEXANDER GAS UNIT W-1HILCORP ENERGY COMPANY.
2023ALEXANDER MINERAL TRUSTVELA - 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 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
04-154846VELA-ALEXANDER GAS UNIT 1Sep 2023ETC TEXAS PIPELINE, LTD.HILCORP ENERGY COMPANY
04-154846VELA-ALEXANDER GAS UNIT 1Aug 2023HILCORP ENERGY COMPANYHILCORP ENERGY COMPANY
04-154846VELA-ALEXANDER GAS UNIT 1Aug 2023ETC TEXAS PIPELINE, LTD.HILCORP ENERGY COMPANY
04-154846VELA-ALEXANDER GAS UNIT 1Jul 2023HILCORP ENERGY COMPANYHILCORP ENERGY COMPANY
04-154846VELA-ALEXANDER GAS UNIT 1Jul 2023ETC TEXAS PIPELINE, LTD.HILCORP ENERGY COMPANY
04-154846VELA-ALEXANDER GAS UNIT 1Jun 2023HILCORP ENERGY COMPANYHILCORP ENERGY COMPANY
04-154846VELA-ALEXANDER GAS UNIT 1Jun 2023ETC TEXAS PIPELINE, LTD.HILCORP ENERGY COMPANY
04-154846VELA-ALEXANDER GAS UNIT 1May 2023HILCORP ENERGY COMPANYHILCORP ENERGY COMPANY
04-154846VELA-ALEXANDER GAS UNIT 1May 2023ETC TEXAS PIPELINE, LTD.HILCORP ENERGY COMPANY
04-154846VELA-ALEXANDER GAS UNIT 1Apr 2023HILCORP ENERGY COMPANYHILCORP ENERGY COMPANY
04-154846VELA-ALEXANDER GAS UNIT 1Apr 2023ETC TEXAS PIPELINE, LTD.HILCORP ENERGY COMPANY
04-154846VELA-ALEXANDER GAS UNIT 1Mar 2023HILCORP ENERGY COMPANYHILCORP ENERGY COMPANY
04-154846VELA-ALEXANDER GAS UNIT 1Mar 2023ETC TEXAS PIPELINE, LTD.HILCORP ENERGY COMPANY
04-154846VELA-ALEXANDER GAS UNIT 1Feb 2023HILCORP ENERGY COMPANYHILCORP ENERGY COMPANY
04-154846VELA-ALEXANDER GAS UNIT 1Feb 2023ETC TEXAS PIPELINE, LTD.HILCORP ENERGY COMPANY
04-154846VELA-ALEXANDER GAS UNIT 1Jan 2023HILCORP ENERGY COMPANYHILCORP ENERGY COMPANY
04-154846VELA-ALEXANDER GAS UNIT 1Jan 2023ETC TEXAS PIPELINE, LTD.HILCORP ENERGY COMPANY
04-154846VELA-ALEXANDER GAS UNIT 1Dec 2022HILCORP ENERGY COMPANYHILCORP ENERGY COMPANY
04-154846VELA-ALEXANDER GAS UNIT 1Dec 2022ETC TEXAS PIPELINE, LTD.HILCORP ENERGY COMPANY
04-154846VELA-ALEXANDER GAS UNIT 1Nov 2022HILCORP ENERGY COMPANYHILCORP ENERGY COMPANY
04-154846VELA-ALEXANDER GAS UNIT 1Nov 2022ETC TEXAS PIPELINE, LTD.HILCORP ENERGY COMPANY
04-154846VELA-ALEXANDER GAS UNIT 1Oct 2022HILCORP ENERGY COMPANYHILCORP ENERGY COMPANY