VELA, EMILIANO
VELA, EMILIANO is a Texas gas lease in Zapata County, Railroad Commission district 04, operated by Enron Oil & Gas Company. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 912,037 thousand cubic feet. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values the whole lease — a 100% undivided interest — at about $113K, with roughly $23K expected over the next twelve months. An individual royalty owner receives their own decimal interest times that figure. Over the last twelve months on file it averaged 919 thousand cubic feet a month. Its strongest month on the record we hold was September 2023, at 1,803 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 22% of what they went on to produce, and that measured error is the range shown on the page rather than a confidence of our own devising.
Key facts about VELA, EMILIANO
- Who operates VELA, EMILIANO?
- VELA, EMILIANO is operated by Enron Oil & Gas Company, Railroad Commission of Texas operator number 253196.
- Where is VELA, EMILIANO?
- VELA, EMILIANO is a Texas gas lease in Zapata County, Texas, in Railroad Commission district 04. Its Railroad Commission lease number is 114416.
- Is VELA, EMILIANO still producing?
- VELA, EMILIANO is currently producing. The most recent month of production reported to the Railroad Commission of Texas for VELA, EMILIANO is August 2026.
- How much has VELA, EMILIANO produced?
- VELA, EMILIANO has reported 912,037 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is VELA, EMILIANO worth?
- The remaining production from VELA, EMILIANO is estimated to be worth about $113K in total as of 27 August 2026, within a range of $88K to $138K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in VELA, EMILIANO is a fraction of it. The estimate fits an Arps decline curve to the production VELA, EMILIANO has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for VELA, EMILIANO is an estimate of value, not an offer and not an appraisal.
- How much income does VELA, EMILIANO generate in a year?
- VELA, EMILIANO is forecast to net about $23K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in VELA, EMILIANO receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Enron Oil & Gas Company |
|---|---|
| Field | Roleta (8150) |
| County | Zapata County, Texas |
| RRC district | 04 |
| Lease number | 114416 |
| Wellbores | 1 |
| Reported production | 912,037 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $113K |
Where VELA, EMILIANO sits
Source: Railroad Commission of Texas lease production records, complete through . Figures on this page were computed on .
Production figures are as reported to the Railroad Commission of Texas. The value shown is an estimate produced by fitting a decline curve to that reported history; it is not an offer or an appraisal. How this estimate is calculated.