Vela

Oil & Gas Property in Zapata County, TX

Property Summary

Key data points for Vela

CountyZapata County, TX
Production DatesJan 1993 - Dec 2023
Total Oil Production52,736 BBLs
Total Gas Production17,211,303 MCF
Recent Oil Production29 BBLs in Nov 2023
Recent Gas Production11,110 MCF in Nov 2023
Wells on Property17

Our Valuation Estimates for Vela

ShaleAssessment

$29,436 *

MarketMultiple

$41,760 **

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

Based on a decimal interest

Vela Production Graph

Aggregated production of all wells and leases associated with this property
Subscribe for Full Access Subscribe now to gain immediate access
to oil and gas production for Vela
from Jan 1993 to Dec 2023

Wells on Vela

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-505-31240VELA "A" 1CITIES SERVICE COMPANYPlugged Gas WellZapata County, TX26.804910-99.153460
42-505-31936VELA B 1MERIT ENERGY COMPANYGas WellZapata County, TX26.778553-99.195263
42-505-32045VELA "B" 2TXO PRODUCTION CORP.Plugged Gas WellZapata County, TX26.780746-99.191729
42-505-32138VELA ADRIAN 2HILCORP ENERGY COMPANYProducingZapata County, TX26.777563-99.200710
42-505-32142VELA A. 2PROLINE ENERGY RESOURCES INCTemp AbandonedZapata County, TX26.770152-99.201177
42-505-32150VELA ADRIAN 1HILCORP ENERGY COMPANYProducingZapata County, TX26.783452-99.192866
42-505-32197VELA B 3MERIT ENERGY COMPANYProducingZapata County, TX26.778734-99.193478
42-505-32262VELA C 1MERIT ENERGY COMPANYProducingZapata County, TX26.789836-99.183396
42-505-32474VELA, ROSE 1TRANSAMERICAN NATURAL GAS CORP.Dry HoleZapata County, TX26.815692-99.215375
42-505-32529VELA ADRIAN 3HILCORP ENERGY COMPANYProducingZapata County, TX26.786065-99.188548
42-505-32566VELA B 4MERIT ENERGY COMPANYProducingZapata County, TX26.788841-99.178313
42-505-32795VELA ADRIAN 4HILCORP ENERGY COMPANYProducingZapata County, TX26.782915-99.192490
42-505-32819VELA ADRIAN 5HILCORP ENERGY COMPANYProducingZapata County, TX26.787541-99.185225
42-505-32820VELA B 5MERIT ENERGY COMPANYProducingZapata County, TX26.782542-99.187771
42-505-34450VELA G. O. 1MERIT ENERGY COMPANYProducingZapata County, TX26.835434-99.176227
42-505-35249VELA B 7MERIT ENERGY COMPANYProducingZapata County, TX26.792778-99.174167
42-505-35530VELA B 8MERIT ENERGY COMPANYTemp AbandonedZapata County, TX26.795358-99.169428

Leases included in Vela

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
04-091311VELA "A" 1TX ENERGY SERVICES, LLCZapata County, TX
04-115634VELA B 1CANTERA OPERATING, LLCZapata County, TX
04-116930VELA "B" 2EP ENERGY E&P COMPANY, L.P.Zapata County, TX
04-119783VELA ADRIAN 2HILCORP ENERGY COMPANYZapata County, TX
04-120725VELA ADRIAN 1CONOCOPHILLIPS COMPANYZapata County, TX
04-122032VELA B 3BRIDGE OIL PRODUCTION CO., INC.Zapata County, TX
04-122547VELA A. 2PROLINE ENERGY RESOURCES INCZapata County, TX
04-124065VELA C 1PRIZE OPERATING COMPANYZapata County, TX
04-130401VELA ADRIAN 3HILCORP ENERGY COMPANYZapata County, TX
04-132036VELA B 4BRIDGE OIL PRODUCTION CO., INC.Zapata County, TX
04-138821VELA ADRIAN 1HILCORP ENERGY COMPANYZapata County, TX
04-139541VELA ADRIAN 4HILCORP ENERGY COMPANYZapata County, TX
04-139839VELA ADRIAN 5HILCORP ENERGY COMPANYZapata County, TX
04-140073VELA B 5BRIDGE OIL PRODUCTION CO., INC.Zapata County, TX
04-142113VELA B 5MERIT ENERGY COMPANYZapata County, TX
04-142898VELA B 4MERIT ENERGY COMPANYZapata County, TX
04-144655VELA B 3MERIT ENERGY COMPANYZapata County, TX
04-145381VELA ADRIAN 2HILCORP ENERGY COMPANYZapata County, TX
04-175460VELA C 1MERIT ENERGY COMPANYZapata County, TX
04-187697VELA G. O. 1MERIT ENERGY COMPANYZapata County, TX
04-210978VELA B 7MERIT ENERGY COMPANYZapata County, TX
04-222266VELA B 8MERIT ENERGY COMPANYZapata County, TX
04-270476VELA B 1MERIT ENERGY COMPANYZapata County, TX

Nearby Properties

These are the closest 20 properties to the Vela property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
AlexanderZapata County, TX0 BBLs24,280 MCFDec 2023
CuellarZapata County, TX0 BBLs0 MCFJun 2023
De BarbZapata County, TX3 BBLs5,036 MCFDec 2023
El ClarenoZapata County, TX0 BBLs19,501 MCFDec 2023
GaloZapata County, TX101 BBLs12,514 MCFDec 2023
Garcia SalvadorZapata County, TX33 BBLs28,134 MCFDec 2023
GuerraZapata County, TX7 BBLs78,255 MCFDec 2023
JMV UnitZapata County, TX0 BBLs307 MCFDec 2023
Mendoza E. G. Gas UnitZapata County, TX0 BBLs844 MCFDec 2023
Salvador Garcia D 8Zapata County, TX3 BBLs192 MCFDec 2023
Smith AhZapata County, TX0 BBLs6,675 MCFDec 2023
Trevino BZapata County, TX0 BBLs8,265 MCFDec 2023
Vela AntonioZapata County, TX35 BBLs8,260 MCFDec 2023
Vela Consuelo GZapata County, TX0 BBLs1,952 MCFDec 2023
Vela EmilianoZapata County, TX3 BBLs1,928 MCFDec 2023
Vela OscarZapata County, TX0 BBLs490 MCFDec 2023
Vela SerapioZapata County, TX84 BBLs15,373 MCFDec 2023
Vela-Smith GZapata County, TX0 BBLs353 MCFDec 2023
VillarrealZapata County, TX0 BBLs2,693 MCFDec 2023
Whittier Helen CompanyZapata County, TX2 BBLs615 MCFDec 2023

Owners of Vela

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2023MERIT ENERGY COMPANYVELA 'B' 4, 5 & 7MERIT ENERGY COMPANY.
2023MERIT ENERGY COMPANYVELA 'B' 4, 5 & 7MERIT ENERGY COMPANY.
2023MERIT ENERGY COMPANYVELA 'B' 4, 5 & 7MERIT ENERGY COMPANY.
2023MERIT ENERGY COMPANYVELA 'B' 4, 5 & 7MERIT ENERGY COMPANY.
2023HILCORP ENERGY COMPANYVELA, ADRIANHILCORP ENERGY COMPANY.
2023HILCORP ENERGY COMPANYVELA, ADRIANHILCORP ENERGY COMPANY.
2023HILCORP ENERGY COMPANYVELA, ADRIANHILCORP ENERGY COMPANY.
2023VELA EMILIANO FAMILY MNRL TRUSTVELA 'B' 4, 5 & 7MERIT ENERGY COMPANY.
Displaying 8 of 159 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Vela

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
04-142113VELA B 5Nov 2023TRAFIGURA TRADING LLCMERIT ENERGY COMPANY, LLC
04-142113VELA B 5Nov 2023ENTERPRISE PRODUCTS OPERATING LLCMERIT ENERGY COMPANY, LLC
04-142113VELA B 5Nov 2023MERIT ENERGY COMPANY, LLCMERIT ENERGY COMPANY, LLC
04-142898VELA B 4Nov 2023TRAFIGURA TRADING LLCMERIT ENERGY COMPANY, LLC
04-142898VELA B 4Nov 2023ENTERPRISE PRODUCTS OPERATING LLCMERIT ENERGY COMPANY, LLC
04-142898VELA B 4Nov 2023MERIT ENERGY COMPANY, LLCMERIT ENERGY COMPANY, LLC
04-144655VELA B 3Nov 2023TRAFIGURA TRADING LLCMERIT ENERGY COMPANY, LLC
04-144655VELA B 3Nov 2023ENTERPRISE PRODUCTS OPERATING LLCMERIT ENERGY COMPANY, LLC
04-144655VELA B 3Nov 2023MERIT ENERGY COMPANY, LLCMERIT ENERGY COMPANY, LLC
04-175460VELA C 1Nov 2023TRAFIGURA TRADING LLCMERIT ENERGY COMPANY, LLC
04-175460VELA C 1Nov 2023ENTERPRISE PRODUCTS OPERATING LLCMERIT ENERGY COMPANY, LLC
04-175460VELA C 1Nov 2023MERIT ENERGY COMPANY, LLCMERIT ENERGY COMPANY, LLC
04-187697VELA G. O. 1Nov 2023TRAFIGURA TRADING LLCMERIT ENERGY COMPANY, LLC
04-187697VELA G. O. 1Nov 2023ENTERPRISE PRODUCTS OPERATING LLCMERIT ENERGY COMPANY, LLC
04-187697VELA G. O. 1Nov 2023MERIT ENERGY COMPANY, LLCMERIT ENERGY COMPANY, LLC
04-210978VELA B 7Nov 2023TRAFIGURA TRADING LLCMERIT ENERGY COMPANY, LLC
04-210978VELA B 7Nov 2023ENTERPRISE PRODUCTS OPERATING LLCMERIT ENERGY COMPANY, LLC
04-210978VELA B 7Nov 2023MERIT ENERGY COMPANY, LLCMERIT ENERGY COMPANY, LLC
04-187697VELA G. O. 1Oct 2023TRAFIGURA TRADING LLCMERIT ENERGY COMPANY, LLC
04-187697VELA G. O. 1Oct 2023ENTERPRISE PRODUCTS OPERATING LLCMERIT ENERGY COMPANY, LLC
04-187697VELA G. O. 1Oct 2023MERIT ENERGY COMPANY, LLCMERIT ENERGY COMPANY, LLC
04-210978VELA B 7Oct 2023TRAFIGURA TRADING LLCMERIT ENERGY COMPANY, LLC
04-210978VELA B 7Oct 2023ENTERPRISE PRODUCTS OPERATING LLCMERIT ENERGY COMPANY, LLC
04-210978VELA B 7Oct 2023MERIT ENERGY COMPANY, LLCMERIT ENERGY COMPANY, LLC
04-210978VELA B 7Oct 2023SHELL TRADING (US) COMPANYMERIT ENERGY COMPANY, LLC