Vela 16

Oil & Gas Property in Zapata County, TX

  2. Texas
  3. Zapata County, TX
  4. Oil & Gas Properties in Zapata County, TX
  5. Vela 16 Oil & Gas Property

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Property Summary

Key data points for Vela 16

CountyZapata County, TX
OperatorHILCORP ENERGY COMPANY
Production DatesSep 1997 - Sep 2024
Total Oil Production26,888 BBLs
Total Gas Production11,922,094 MCF
Recent Oil Production34 BBLs in Aug 2024
Recent Gas Production17,405 MCF in Aug 2024
Wells on Property1

Our Valuation Estimates for Vela 16

ShaleAssessment™

$54,683 *

MarketMultiple™

$45,045 **

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

Based on a decimal interest

Vela 16 Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Vela 16
from Sep 1997 to Sep 2024

Wells on Vela 16

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-505-33606VELA 16HILCORP ENERGY COMPANYProducingZapata County, TX26.745492-99.213493

Leases included in Vela 16

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
04-166711VELA 16HILCORP ENERGY COMPANYZapata County, TX

Nearby Properties

These are the closest 20 properties to the Vela 16 property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
AlexanderZapata County, TX0 BBLs27,626 MCFSep 2024
Amoco FeeZapata County, TX0 BBLs1,292 MCFSep 2024
AndrewsZapata County, TX0 BBLs344 MCFSep 2024
Benavides, JZapata County, TX0 BBLs383 MCFSep 2024
CuellarZapata County, TX0 BBLs96 MCFSep 2024
GuerraZapata County, TX135 BBLs72,191 MCFSep 2024
Guerra-RaymondZapata County, TX20 BBLs3,680 MCFSep 2024
GutierrezZapata County, TX0 BBLs2,354 MCFSep 2024
J. G. Benavides Gas UnitZapata County, TX0 BBLs3,580 MCFSep 2024
JMV UnitZapata County, TX0 BBLs118 MCFSep 2024
MendozaZapata County, TX31 BBLs4,240 MCFSep 2024
Mendoza E. G. Gas UnitZapata County, TX0 BBLs1,273 MCFSep 2024
Smith AhZapata County, TX0 BBLs7,154 MCFSep 2024
VelaZapata County, TX19 BBLs12,490 MCFSep 2024
Vela AntonioZapata County, TX19 BBLs7,168 MCFSep 2024
Vela EmilianoZapata County, TX4 BBLs1,490 MCFSep 2024
Vela EstateZapata County, TX10 BBLs20,669 MCFSep 2024
Vela SerapioZapata County, TX29 BBLs13,206 MCFSep 2024
Vela-Smith GZapata County, TX0 BBLs18 MCFAug 2024
VillarrealZapata County, TX0 BBLs2,923 MCFAug 2024

Companies in the Area

These are the closest 20 companies operating near the Vela 16 property.

Company Name
Amax Oil & Gas Inc
Arco Oil & Gas Company
Atlas Operating LLC
Chesapeake Operating, Inc.
Conoco Inc.
ConocoPhillips Company
El Paso E&P Zapata, L.P.
Enron Oil & Gas Company
Hilcorp Energy Company
Ineos USA Oil & Gas LLC
Laredo Energy, LP
Merit Energy Company
Newfield Exploration Company
Proline Energy Resources Inc
Ricochet Energy, Inc.
Transamerican Natural Gas Corp.
Transtexas Gas Corporation
Union Pacific Resources Co.
Vantage Operating II, LLC
Vantage Operating, LLC

Owners of Vela 16

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024HILCORP ENERGY COMPANYVELA ESTATE #8-14, 16HILCORP ENERGY COMPANY.
2024ZUNIGA FAMILY TRUSTVELA ESTATE #8-14, 16HILCORP ENERGY COMPANY.
2024EL CLARENO PROPERTIES LTDVELA ESTATE #8-14, 16HILCORP ENERGY COMPANY.
2024SAVANNAH MINERALS LTDVELA ESTATE #8-14, 16HILCORP ENERGY COMPANY.
2024BARBERIO LIMITED PARTNERSHIPVELA ESTATE #8-14, 16HILCORP ENERGY COMPANY.
2024RANCHO LOMA BLANCA LLCVELA ESTATE #8-14, 16HILCORP ENERGY COMPANY.
2024SIETE VELAS MINERALS LTDVELA ESTATE #8-14, 16HILCORP ENERGY COMPANY.
2024GRC MINERAL RIGHTS LTDVELA ESTATE #8-14, 16HILCORP ENERGY COMPANY.
Displaying 8 of 42 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Vela 16

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
04-166711VELA 16Jul 2024HILCORP ENERGY COMPANYHILCORP ENERGY COMPANY
04-166711VELA 16Jul 2024KINDER MORGAN TEXAS PIPELINE LLCHILCORP ENERGY COMPANY
04-166711VELA 16Jun 2024HILCORP ENERGY COMPANYHILCORP ENERGY COMPANY
04-166711VELA 16Jun 2024KINDER MORGAN TEXAS PIPELINE LLCHILCORP ENERGY COMPANY
04-166711VELA 16May 2024HILCORP ENERGY COMPANYHILCORP ENERGY COMPANY
04-166711VELA 16May 2024KINDER MORGAN TEXAS PIPELINE LLCHILCORP ENERGY COMPANY
04-166711VELA 16Apr 2024SHELL TRADING (US) COMPANYHILCORP ENERGY COMPANY
04-166711VELA 16Apr 2024HILCORP ENERGY COMPANYHILCORP ENERGY COMPANY
04-166711VELA 16Apr 2024KINDER MORGAN TEXAS PIPELINE LLCHILCORP ENERGY COMPANY
04-166711VELA 16Mar 2024SHELL TRADING (US) COMPANYHILCORP ENERGY COMPANY
04-166711VELA 16Mar 2024HILCORP ENERGY COMPANYHILCORP ENERGY COMPANY
04-166711VELA 16Mar 2024KINDER MORGAN TEXAS PIPELINE LLCHILCORP ENERGY COMPANY
04-166711VELA 16Feb 2024HILCORP ENERGY COMPANYHILCORP ENERGY COMPANY
04-166711VELA 16Feb 2024KINDER MORGAN TEXAS PIPELINE LLCHILCORP ENERGY COMPANY
04-166711VELA 16Jan 2024SHELL TRADING (US) COMPANYHILCORP ENERGY COMPANY
04-166711VELA 16Jan 2024HILCORP ENERGY COMPANYHILCORP ENERGY COMPANY
04-166711VELA 16Jan 2024KINDER MORGAN TEXAS PIPELINE LLCHILCORP ENERGY COMPANY
04-166711VELA 16Dec 2023SHELL TRADING (US) COMPANYHILCORP ENERGY COMPANY
04-166711VELA 16Dec 2023HILCORP ENERGY COMPANYHILCORP ENERGY COMPANY
04-166711VELA 16Dec 2023FLINT HILLS RESOURCES, LPHILCORP ENERGY COMPANY
04-166711VELA 16Dec 2023KINDER MORGAN TEXAS PIPELINE LLCHILCORP ENERGY COMPANY
04-166711VELA 16Nov 2023HILCORP ENERGY COMPANYHILCORP ENERGY COMPANY
04-166711VELA 16Nov 2023KINDER MORGAN TEXAS PIPELINE LLCHILCORP ENERGY COMPANY
04-166711VELA 16Oct 2023HILCORP ENERGY COMPANYHILCORP ENERGY COMPANY
04-166711VELA 16Oct 2023KINDER MORGAN TEXAS PIPELINE LLCHILCORP ENERGY COMPANY